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.
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U.S. drivers are likely to see lower prices at the pump this year amid lower global oil prices and strong crude production.
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.
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.
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.
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.
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.
New data shows gas prices have dropped to the lowest level since 2021. CBS MoneyWatch correspondent Kelly O'Grady reports.
New data from GasBuddy shows gas prices dropped below $3 per gallon. Bankrate's Mark Hamrick joins "CBS News Mornings" with more.
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 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.
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.
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.
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.
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 Administrator Lee Zeldin told CBS News' "The Takeout" that environmental policy can't "strangulate out of existence" energy policy.
President Trump and Gov. Gavin Newsom have made several different claims about California gas prices. Here's what we found.
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.
Global crude prices jumped on Sunday but have since retreated. Here's what experts say about the outlook for oil and gas.
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.
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 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 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.
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.
Stocks lost ground on Friday as traders kept a close eye on the conflict between Israel and Iran. CBS News MoneyWatch correspondent Kelly O'Grady has the details.
Oil prices are rising as news emerges of Israel's strikes against Iran. This comes as more details emerge about Tehran's nuclear efforts. CBS MoneyWatch correspondent Kelly O'Grady reports.
Mo Strategies, started by former Trump campaign and administration officials, recently expanded its practice into the lucrative world of pardon lobbying.
After conflicting remarks from Iran and the U.S., the U.N. nuclear agency chief says Iranian sites will be inspected, but the timing is "not essential."
Soldiers say the Army disregarded warnings about thin defenses and ignored requests for medical supplies. Now they question whether the Army is being transparent about their injuries.
The searches stemmed from an ongoing probe into the conduct of former NYPD Chief of Department Jeffrey Maddrey, a source told CBS News.
Those who were fired and sent to their home agencies didn't have tasks, or their assigned tasks were outdated, a source said.
New York City Mayor Zohran Mamdani endorsed three left-of-center candidates in the congressional Democratic primaries, and all three are set to win, CBS News projects.
Leading Latino political strategists are examining the races where Latinos could play an outsize role in the midterm elections, and believe their votes will be critical in a number of House races.
U.S. District Judge P. Casey Pitts in the Northern District of California ruled in a 71-page opinion Tuesday that multiple Trump administration policies were arbitrary and violated the Administrative Procedure Act.
Gen. Chris Donahue had clashed with Defense Secretary Pete Hegseth, multiple sources told CBS News.
President Trump is set to attend a lunch meeting with Senate Republicans to push for an elections bill that GOP leaders have said has no chance of passing.
The searches stemmed from an ongoing probe into the conduct of former NYPD Chief of Department Jeffrey Maddrey, a source told CBS News.
Soldiers say the Army disregarded warnings about thin defenses and ignored requests for medical supplies. Now they question whether the Army is being transparent about their injuries.
Mo Strategies, started by former Trump campaign and administration officials, recently expanded its practice into the lucrative world of pardon lobbying.
Former Rep. Ben McAdams faced three progressive challengers in the Democratic primary in Utah's 1st Congressional District.
Chinese tech giant Alibaba has filed a federal lawsuit against the Defense Department for designating it a military-linked firm.
The legislation aims to increase housing supply and lower costs. It marks a rare bipartisan legislative accomplishment for lawmakers.
President Trump's construction projects include restoring the Lincoln Memorial Reflecting Pool, building a 90,000-square-foot White House ballroom and a 250-foot triumphal arch.
The ruling deals a setback to the "Make America Healthy Again" campaign, which seeks to curb purchases of foods officials say are unhealthy.
Nvidia, Alphabet and other technology stocks fell as Wall Street shifted from rewarding AI spending to demanding evidence that it will produce outsized returns.
President Trump is set to attend a lunch meeting with Senate Republicans to push for an elections bill that GOP leaders have said has no chance of passing.
Soldiers say the Army disregarded warnings about thin defenses and ignored requests for medical supplies. Now they question whether the Army is being transparent about their injuries.
Chinese tech giant Alibaba has filed a federal lawsuit against the Defense Department for designating it a military-linked firm.
Leading Latino political strategists are examining the races where Latinos could play an outsize role in the midterm elections, and believe their votes will be critical in a number of House races.
Mo Strategies, started by former Trump campaign and administration officials, recently expanded its practice into the lucrative world of pardon lobbying.
Medicare is testing the use of artificial intelligence to preapprove several healthcare services.
Confirmed Ebola cases in the outbreak in eastern Congo have reached 1,003, including 254 deaths, officials said, and tracing those who've been in contact with patients remains a major challenge.
The Trump administration's cuts to Medicaid and SNAP may complicate Republican Gov. Joe Lombardo's reelection chances.
Hosted by Lee Cowan. Featured: Birthright citizenship; the Theodore Roosevelt Presidential Library unveiled; Shooter Jennings releases recordings by his father, Waylon Jennings; comedian John Mulaney; childhood obesity; and the secrets of seahorses and seadragons.
In 1970, about 1 in 20 children were affected by obesity; today, it's 1 in 5. Dr. Jonathan LaPook looks at programs aimed at helping kids (and their families) get healthy the old-fashioned way, by eating right and exercising.
After conflicting remarks from Iran and the U.S., the U.N. nuclear agency chief says Iranian sites will be inspected, but the timing is "not essential."
A North Korean soldier has been taken into custody after crossing the Demilitarized Zone into South Korea in a suspected defection, the Yonhap news agency says.
Peru's right-wing presidential candidate Keiko Fujimori built what may be an unassailable lead as vote counting for the runoff election entered its final stages, official figures showed.
The Senate approved a House-passed resolution aimed at reining in President Trump on Iran, marking the first time such a measure has made it through both chambers.
Army Secretary Dan Driscoll said Tuesday the Army will look into introducing electronic jamming to ranges so industry and Army soldiers can train in areas that simulate battlefield conditions.
Multiple Grammy-winning music executive Clive Davis, who helped launch the careers of such artists as Barry Manilow, Bruce Springsteen, Whitney Houston and Alicia Keys, died on June 22, 2026 at age 94. In this Oct. 23, 2011 "Sunday Morning" profile, Anthony Mason talked with Davis about his "accidental" career in music, and his comeback after losing his job as head of Columbia Records in the early '70s. Mason also attended one of Davis' legendary pre-Grammy parties, where Jennifer Hudson spoke about what she'd learned from her mentor.
Record label executive and starmaker Clive Davis died at 94 on Monday. His influence spans genres and decades. Music critic and Davis biographer Anthony DeCurtis reflects on the life and legacy of Clive Davis.
Jim Parsons speaks about starring in the musical "Titaníque," which is a comedic retelling of the story of the "Titanic," from the perspective and songs of Celine Dion. Parsons talks about why he wanted to portray's Rose's mother, the show's impact on the LGBTQ+ community and the cast.
Clive Davis, known for propelling artists across genres to stardom, died Monday at the age of 94. "CBS Mornings" co-host Gayle King looks back at his legacy in the music industry.
A judge has found that a man charged with murder in the stabbing of actor James Handy isn't mentally competent for criminal court proceedings.
Stocks slid around the world on Tuesday as investors pulled back from some of the biggest names in tech amid concerns about ongoing inflation and the possibility of future interest rate hikes. CBS News' Jo Ling Kent has more.
An international alliance warns that advanced artificial intelligence models are on the brink of being able to overwhelm cybersecurity systems for governments and businesses. Former CISA Director Chris Krebs joins with analysis.
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.
A massive tech stock sell-off dragged down the S&P 500 and Nasdaq on Tuesday. CBS News senior business and technology correspondent Jo Ling Kent has the details.
Nvidia, Alphabet and other technology stocks fell as Wall Street shifted from rewarding AI spending to demanding evidence that it will produce outsized returns.
Euclid is on a mission to chart one-third of the sky in the hopes of shedding light on the enduring mysteries of dark matter and dark energy.
Exactly where the comet 3I/ATLAS came from within the Milky Way remains a mystery.
Hosted by Lee Cowan. Featured: Birthright citizenship; the Theodore Roosevelt Presidential Library unveiled; Shooter Jennings releases recordings by his father, Waylon Jennings; comedian John Mulaney; childhood obesity; and the secrets of seahorses and seadragons.
Seahorses are unique ocean inhabitants with a head like a horse, a pouch like a kangaroo, a tail like a monkey, and the ability to camouflage themselves like a chameleon. They also exhibit an unconventional gender dynamic, in that the males do the work of carrying around fertilized eggs. Correspondent Conor Knighton goes in search of these fascinating fish – and their equally fascinating cousins, seadragons – at the Birch Aquarium at the Scripps Institution of Oceanography in California.
The Defense Department released a third batch of UFO files on Friday, three weeks after its second drop. These are all of the videos in the latest tranche, plus analysis from astrophysicist Avi Loeb.
The Supreme Court recently decided to reinstate the conviction of the man accused of kidnapping and murdering 6-year-old Etan Patz in 1979, bringing the case back into the public eye. "After Etan" author Lisa Cohen shares her thoughts on how the Etan Patz kidnapping changed how the public viewed missing children's cases.
Authorities believe that two ransom notes addressed to Nancy Guthrie's family shortly after her disappearance are linked to the same person or group. CBS News' Anna Schecter has more.
Investigators familiar with the case believe it is likely that two ransom notes sent to Nancy Guthrie's family were written by the person or group that abducted her. While the first note demanded millions in bitcoin, the second claimed that Nancy Guthrie had died, albeit not purposefully, according to sources who reviewed the notes. CBS News' Bradley Blackburn has more details on the case.
A judge has found that a man charged with murder in the stabbing of actor James Handy isn't mentally competent for criminal court proceedings.
Two people were killed and a child was injured in a shooting inside a library in Chico on Monday, officials said.
Euclid is on a mission to chart one-third of the sky in the hopes of shedding light on the enduring mysteries of dark matter and dark energy.
Exactly where the comet 3I/ATLAS came from within the Milky Way remains a mystery.
The "Pink Planet," formally known as GJ504b, was discovered in 2013 and is technically not a planet but rather a "planetary-mass companion."
NASA's Jared Isaacman says the crew was selected solely based on their experience, expertise and availability for flight assignment.
NASA's Artemis III astronauts plan to carry out rendezvous and docking procedures with commercial moon landers being built by SpaceX and Blue Origin.
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Summer is the time to enjoy live music, indoors and out. Scroll through our gallery of some of 2026's leading musical acts, featuring images by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Newly released testimony from billionaire Bill Gates reveals what he told lawmakers about his relationship with convicted sex offender Jeffrey Epstein. Gates testified that after he cut ties, Epstein made what Gates considered "veiled threats" to expose his extramarital affairs. Caitlin Huey-Burns reports.
At least 40 people have drowned in France trying to beat the heat as extreme temperatures hit Europe. Leigh Kiniry has more.
Hail almost the size of grapefruits pounded the Texas Panhandle as torrential rain slammed parts of the state and Oklahoma. Meanwhile, at least five wildfires continue to burn in Utah. Rob Marciano reports.
Portugal's Cristiano Ronaldo scored twice on Tuesday, making him the first player ever to score goals in six World Cups. The final round of the tournament's group stage begins on Wednesday. Cristian Benavides reports.
Five large, active wildfires were threatening homes and forcing evacuations in Utah Tuesday. They range from north of Salt Lake City, to south of Provo. Rob Marciano is tracking them.