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Gas Prices
Could Venezuela situation affect gas costs?
A new analysis finds that the average price of gas in the U.S. is expected to fall to its lowest level since 2020 this year. While the yearly average will fall under $3, GasBuddy notes that there is some expected fluctuation throughout the year due to seasonal demand, weather and geopolitics. Patrick De Haan, head of petroleum analysis at GasBuddy, joins "The Daily Report" to break down the report and discuss what the military raid in Venezuela may mean for gas prices.
Gas prices this year could be the lowest since 2020
U.S. drivers are likely to see lower prices at the pump this year amid lower global oil prices and strong crude production.
How Venezuela turmoil could affect U.S. gas prices
The arrest of Nicolás Maduro sent oil stocks higher. With Chevron leading the way, the Dow hit a record-high of nearly 49,000. Oil prices are also up. Jill Schlesinger explains what it means.
Markets react to Maduro's capture
Questions are emerging about how American oil companies will benefit from the changes in Venezuela following Nicolás Maduro's capture. Financial journalist Erin Delmore joins CBS News with more.
Gas prices impact after Venezuela strikes
President Trump claims Venezuela's oil industry will make more money with the U.S. behind it. Venezuela is estimated to have 303 billion barrels of crude oil still in the ground, which is about 20% of the world's reserves. CBS News business analyst Jill Schlesinger explains how it could impact U.S. prices.
Fact-checking Trump's claims about gas prices
President Trump addressed the nation on Wednesday and focused on the state of the economy after almost a year in office for a second term. CBS News' Willie James Inman reports.
Trump announcing federal fuel standard changes
President Trump is announcing changes to federal fuel standards on Wednesday. CBS News' Ed O'Keefe has the latest on that and other big news coming out of the White House.
Gas prices are dropping
New data shows gas prices have dropped to the lowest level since 2021. CBS MoneyWatch correspondent Kelly O'Grady reports.
Gas prices drops below $3 nationwide, new data shows
New data from GasBuddy shows gas prices dropped below $3 per gallon. Bankrate's Mark Hamrick joins "CBS News Mornings" with more.
Gas prices dip below $3 per gallon, the lowest since 2021
The average price across the U.S. now stands at $2.95 per gallon, down 8.5 cents from a week ago, according to GasBuddy.
Oregon declares emergency after pipeline leak
Oregon Gov. Tina Kotek declared an emergency after a leak on the Olympic Pipeline shut down 90% of the state's oil supply. CBS News' Shanelle Kaul has more details.
Are Americans buying affordability claims?
President Trump's claims about his work to make things more affordable may be clashing with prices currently rising in different sectors. CBS News' Fin Gómez reports.
Crews put out fire at Chevron refinery
Emergency services say crews have extinguished a fire at a Chevron refinery in El Segundo, California. CBS News national correspondent Carter Evans has the details.
Active oil, gas rigs down in 2nd Trump term
President Trump's pledge to "drill baby drill" during his second term is not playing out in the oil patch or fracking zones, with rig counts down since Inauguration Day, according to energy technology company Baker Hughes. Robert Rapier, editor-in-chief of Shale Magazine, joins "The Takeout" to explain why.
Gas prices could increase
The Environmental Protection Agency's rollback of regulations curbing greenhouse gas emissions could lead to higher gas prices, a CBS News review of the agency's data suggests. Tracy Wholf, CBS News senior coordinating producer of climate and environmental coverage, has more.
EPA plan to repeal emissions rules would raise gas prices, gov't analysis finds
EPA Administrator Lee Zeldin told CBS News' "The Takeout" that environmental policy can't "strangulate out of existence" energy policy.
Fact-checking Trump and Newsom's claims about California gas prices
President Trump and Gov. Gavin Newsom have made several different claims about California gas prices. Here's what we found.
Stocks rally in wake of Israel-Iran ceasefire
The stock market rallied for a second day on Tuesday as tensions with Iran sent oil prices plummeting. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Here's what the military conflict in Iran could mean for oil and gas prices
Global crude prices jumped on Sunday but have since retreated. Here's what experts say about the outlook for oil and gas.
The global role of the Strait of Hormuz
The intensifying conflict in the Middle East is raising new concerns about its potential impact on the oil and gas industry. Much of the focus is on whether Iran will close the Strait of Hormuz, a critical waterway for global crude oil supply. CBS News' Meg Oliver explains how the Strait functions and what a potential closure could mean on a worldwide scale.
Stocks rise after Iran's attack on U.S. base
Investors experienced some whiplash on Monday as stocks shot up following Iran's retaliatory attack on a U.S. base in Qatar. CBS News MoneyWatch correspondent Kelly O'Grady has the details.
Oil prices drop after Iran attacks U.S. base
Oil investors backed off Monday after seeing Iran's retaliatory response to U.S. strikes on some of its nuclear facilities, with oil prices dropping 9% since Sunday. CBS News MoneyWatch correspondent Kelly O'Grady has the latest.
Oil prices soar amid Israel-Iran conflict
Oil costs soared Tuesday as the conflict between Israel and Iran intensified, with crude prices up more than four percentage points. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Israel-Iran conflict causes oil prices to soar
The latest conflict in the Middle East is rattling financial markets all over the world. Stock prices fell as oil prices soared. Kelly O'Grady has more.
Live
Trump threatens to use Insurrection Act to deploy troops to Minnesota
An ICE officer shot a man Wednesday night in Minneapolis after allegedly being attacked by men with shovels during an arrest operation, three U.S. officials told CBS News.
Machado presented Trump with Nobel Peace Prize medallion
Venezuelan opposition leader María Machado previously said she wanted to "share" the prize for removing Nicolás Maduro from power.
Gulf states pushing to avert U.S.-Iran conflict, official says
Several key U.S. allies in the Middle East have engaged in intensive diplomacy between Iran and the United States, aiming to stave off a military conflict, a Gulf official told CBS News.
What is the Insurrection Act, and why is Trump threatening to invoke it?
President Trump is threatening to invoke a centuries-old law to deploy troops to Minnesota. Here's what to know.
Sidelining of DOJ's Civil Rights Division in ICE shooting is unusual, experts say
Though DOJ says there's "no basis" for criminal civil rights probe in ICE shooting case, some legal experts say the division's lack of involvement here is unheard of.
Feds charge 26 in college basketball point-shaving scheme
Authorities said the alleged scheme involved 39 players, 17 different NCAA Division I men's basketball teams and 29 games.
ACA enrollment ends today in most states, as tax credit fix stalls
Some Americans are dropping their Affordable Care Act health plans after tax subsidies lapsed and their premiums spiked.
Could ICE agent in Good's shooting claim immunity from state charges?
The ICE agent involved in the fatal shooting could try to invoke immunity under the Constitution's Supremacy Clause to try to end state criminal prosecution.
Russia calls NATO "unpredictable" amid divide over Greenland
As NATO prepares for war games around Greenland, Russia is highlighting the Trump administration's disagreement with its closest allies over the island.
U.S.
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Protesters smash into FBI vehicles allegedly containing federal documents
The FBI is offering a reward after protests in north Minneapolis Wednesday evening culminated in vandalism and the apparent compromising of federal documents.
ACA enrollment ends today in most states, as tax credit fix stalls
Some Americans are dropping their Affordable Care Act health plans after tax subsidies lapsed and their premiums spiked.
Sidelining of DOJ's Civil Rights Division in ICE shooting is unusual, experts say
Though DOJ says there's "no basis" for criminal civil rights probe in ICE shooting case, some legal experts say the division's lack of involvement here is unheard of.
Mortgage rates fall to 3-year low, offering relief for homebuyers
The average interest rate on a typical mortgage dipped to 6.06%, the lowest level since September 2022, according to Freddie Mac.
What is the Insurrection Act, and why is Trump threatening to invoke it?
President Trump is threatening to invoke a centuries-old law to deploy troops to Minnesota. Here's what to know.
MoneyWatch
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ACA enrollment ends today in most states, as tax credit fix stalls
Some Americans are dropping their Affordable Care Act health plans after tax subsidies lapsed and their premiums spiked.
Mortgage rates fall to 3-year low, offering relief for homebuyers
The average interest rate on a typical mortgage dipped to 6.06%, the lowest level since September 2022, according to Freddie Mac.
Bankruptcy filings surged last year. Here's what's behind the rise
The increase in bankruptcy filings comes as Americans face a slate of economic pressures, from sticky inflation to elevated borrowing costs.
Senators say bipartisan compromise on ACA tax credits has stalled
"We are in a little bit of a pothole," said GOP Sen. Bernie Moreno, who previously expected the compromise to be unveiled this week.
How the new $6,000 senior tax deduction could impact older Americans
A new tax deduction for senior citizens is kicking in this tax season, potentially providing bigger refunds to millions, the AARP says.
Politics
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Protesters smash into FBI vehicles allegedly containing federal documents
The FBI is offering a reward after protests in north Minneapolis Wednesday evening culminated in vandalism and the apparent compromising of federal documents.
Gulf states pushing to avert U.S.-Iran conflict, official says
Several key U.S. allies in the Middle East have engaged in intensive diplomacy between Iran and the United States, aiming to stave off a military conflict, a Gulf official told CBS News.
Sidelining of DOJ's Civil Rights Division in ICE shooting is unusual, experts say
Though DOJ says there's "no basis" for criminal civil rights probe in ICE shooting case, some legal experts say the division's lack of involvement here is unheard of.
What is the Insurrection Act, and why is Trump threatening to invoke it?
President Trump is threatening to invoke a centuries-old law to deploy troops to Minnesota. Here's what to know.
Senators say bipartisan compromise on ACA tax credits has stalled
"We are in a little bit of a pothole," said GOP Sen. Bernie Moreno, who previously expected the compromise to be unveiled this week.
HealthWatch
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ACA enrollment ends today in most states, as tax credit fix stalls
Some Americans are dropping their Affordable Care Act health plans after tax subsidies lapsed and their premiums spiked.
Trump admin. reverses sudden cuts in mental health, addiction programs
The Trump administration reversed cuts to grants for mental health and addiction treatment programs that a CBS News source said were valued at around $1.9 billion.
Chicago mayor explains how he's tackling the city's life expectancy gap
In 2023, life expectancy in the Loop was 87.3 years, while in West Garfield Park, life expectancy was just 66.6 years, according to the city's Health Department.
Recalled "super greens" supplement linked to dozens of salmonella cases, CDC says
Illnesses linked to the New York-based Live it Up Super Greens brand powder were reported in 21 states from Aug. 22 to Dec. 30, 2025.
Wide variation found in funding for states' rural health proposals
Every state will receive at least $100 million annually from the federal Rural Health Transformation fund, but some scored millions more based on their plans and willingness to pass policies embracing MAHA initiatives.
World
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Gulf states pushing to avert U.S.-Iran conflict, official says
Several key U.S. allies in the Middle East have engaged in intensive diplomacy between Iran and the United States, aiming to stave off a military conflict, a Gulf official told CBS News.
Drug ring used swimmers to stash cocaine on ships at sea, police say
Police said they had busted a network that saw smugglers swim on the high seas to help stash Colombian cocaine on container ships and hijack vessels.
Russia calls NATO "unpredictable" amid divide over Greenland
As NATO prepares for war games around Greenland, Russia is highlighting the Trump administration's disagreement with its closest allies over the island.
U.S. forces seize sixth Venezuela-linked oil tanker
The seizure comes as President Trump is set to meet with Venezuelan opposition leader María Corina Machado Thursday at the White House.
FIFA says it's received more than 500 million World Cup ticket requests
FIFA says it has received over 500 million ticket requests for 2026 World Cup matches in the U.S., Canada and Mexico— with prices as high as $8,680.
Entertainment
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Entertainment
Behind Ron King's mission to protect donkeys
Oscar's Place, a donkey sanctuary in California, now has 210 donkeys and it has successfully resettled 189 others. Ron King, the co-founder and CEO of the sanctuary, helped to create the new docuseries "Donkey King," which follows the work he and volunteers do to rescue, rehabilitate and resettle the animals to protect them. He speaks to "CBS Mornings" about his mission and why he says donkeys are misunderstood.
Actor Timothy Busfield held without bond in New Mexico child sex abuse case
Another allegation against Busfield was reported to law enforcement the same day he turned himself in, according to a court filing.
Stars of "Sinners" talk about movie
"Sinners" stars Michael B. Jordan, Miles Caton and Wunmi Mosaku talk to "CBS Mornings" about the movie's recent success at the Golden Globes, the atmosphere on set and what they learned through the process.
Ali Larter talks what's ahead in "Landman"
Actor Ali Larter plays Angela Harris, the ex-wife of an oilman played by Billy Bob Thornton in the Paramount+ series "Landman." She talks to "CBS Mornings" about the series, working with Thornton and how she landed her role.
Actor Timothy Busfield turns himself in following child sex abuse allegations
In a video provided to TMZ on Tuesday, Timothy Busfield said the allegations "are all lies."
Technology
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Technology
Mother of Musk child sues over deepfake images
Elon Musk is facing a lawsuit from Ashley St. Clair, with whom he shares a child, over deepfakes of her undressed made by his AI chatbot Grok. CBS News legal contributor Jessica Levinson joins with analysis.
Verizon offers customers $20 credit for widespread outage
Verizon says it's giving a $20 credit to customers affected an outage that disrupted service across the U.S.
How AI powered robots are helping small farms
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
New parental controls on YouTube kid accounts
YouTube is introducing new parental controls on youth accounts that it says could limit how long kinds spend scrolling. The latest parental controls will focus on YouTube Shorts, which utilizes a continuous scrolling video feed featuring videos three minutes and shorter. Parents of kid and teen account users are now able to enact time restrictions that will limit how long their children can scroll.
Details on Verizon cell phone outage
A widespread Verizon outage hit the U.S. on Wednesday, leaving thousands of customers without service. CBS News' Karen Hua has more.
Science
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Fossils found in cave shed light on where our species emerged
Fossilized bones and teeth dating to 773,000 years ago are providing a deeper understanding of the emergence of Homo sapiens.
The history and mystery of kissing
If you rang in the new year with a kiss, you took part in a tradition millions of years in the making. Scientists now say the origins of kissing go back much farther than most think. CBS News' Tina Kraus has more.
2025 was so hot it pushed Earth past critical climate change mark
2025 was the third hottest year on record and pushed Earth past a critical climate change mark, scientists say.
Major climate research center on Trump administration chopping block
The Trump administration intends to dismantle one of the world's leading climate research institutions, in Boulder, Colorado, over what it said were concerns about "climate alarmism."
Researchers capture video of rare polar bear adoption
The footage of a bear caring for an adopted cub was captured during the annual polar bear migration along the Western Hudson Bay in Churchill, Manitoba.
Crime
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Protesters smash into FBI vehicles allegedly containing federal documents
The FBI is offering a reward after protests in north Minneapolis Wednesday evening culminated in vandalism and the apparent compromising of federal documents.
26 charged in college basketball gambling scheme
Federal prosecutors have charged 26 people, including many college basketball players, in an illegal gambling probe. Danny Funt, author of "Everybody Loses: The Tumultuous Rise of Sports Gambling," joins to unpack the alleged scheme.
Busfield held without bond in child sex abuse case
Actor Timothy Busfield is being held without bond in his New Mexico child sex abuse case. Busfield denies the charges. CBS News reporter Andres Gutierrez has more.
Drug ring used swimmers to stash cocaine on ships at sea, police say
Police said they had busted a network that saw smugglers swim on the high seas to help stash Colombian cocaine on container ships and hijack vessels.
Man convicted of killing Uber driver who he thought was robbing him
William J. Brock fatally shot the driver after wrongly assuming she was in on a plot to get $12,000 in supposed bond money for a relative, authorities said.
Space
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Space
Astronauts return after mission cut short
A NASA crew splashed down off the coast of California on Thursday weeks earlier than scheduled due to an astronaut aboard the International Space Station dealing with a medical issue. Mark Strassmann reports on the unprecedented mission home.
Astronauts back on Earth after medical issue cut mission short
Four space station Crew 11 fliers splashed down off the Southern California coast at 3:41 a.m. ET, closing out a 167-day stay in space cut short by a medical issue.
Former NASA astronaut on ISS undocking
The members of SpaceX Crew-11 undocked from the International Space Station on Wednesday, beginning their journey back to Earth. The crew is leaving a month early after NASA announced that an unnamed team member experienced an undisclosed "medical concern." Clayton Anderson, a former NASA astronaut who spent time on the ISS, joins "The Daily Report" to discuss.
ISS astronauts prepare for early return
Crew-11 is preparing for an unprecedented early return to Earth over concerns for an astronaut's medical condition aboard the International Space Station. Mike Massimino, a former NASA astronaut and engineering professor at Columbia University, joins with more.
Former astronaut on ISS crew coming home early
Four members of Crew-11 are preparing to return to Earth from the International Space Station later this week after a "medical concern" prompted NASA to cancel a scheduled spacewalk. Former astronaut Dr. Scott Parazynski joins with his reaction.
Latest Galleries
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Notable Deaths in 2025
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Evidence in the Barbara Kendhammer case
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
The life & near death of prizefighter Christy Salters-Martin
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Timeline: The disappearance of George Smith
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Who is Alix Tichelman?
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Latest CBS News Videos
More Latest CBS News Videos
Latest CBS News Videos
Feds allege college basketball games were fixed
Federal prosecutors charged 26 people in an alleged point-shaving scheme involving multiple current and former college basketball players, authorities announced. Scott MacFarlane reports.
Iran tightens grip, regional powers urge restraint
The Iranian regime has appeared to tamp down anti-government protests that have swept across the country in recent weeks. Thousands are estimated to have been killed in the crackdown. Elizabeth Palmer has the latest.
Machado gives Trump her Nobel Prize medallion
Venezuelan opposition leader María Corina Machado said she presented President Trump with her real Nobel Peace Prize medallion during her visit to the White House on Thursday. Weijia Jiang has more.
Tensions flare after second shooting involving ICE
Tensions are soaring in Minneapolis as protesters face off against federal agents. As Matt Gutman reports, it comes after a Venezuelan migrant was shot by an ICE agent after allegedly trying to flee federal officers.
Retired Navy vice admiral on Iran relations
It seems President Trump is lowering the temperature with Iran, while keeping all options on the table. Retired U.S. Navy Vice Admiral Robert Murrett joins "The Daily Report" to discuss.