Factors of gas prices
Lana Zak breaks down how gas prices are calculated including how much influence Russia's Ukraine invasion has actually had on what you pay at the pump.
Gas Prices
Texans view state's economic growth as good but feel higher prices' pinch
Most Texans are having to drive less and cut back on spending.
What is the federal gas tax
Lana Zak breaks down what the federal gas tax actually funds and how much you could actually save if it is suspended.
Stocks fall as inflation fears continue to grip investors
"Confidence is going to continue to shrink as long as inflation remains high," said one analyst.
6/13: CBS News Mornings
House Jan 6. committee holding second hearing; New Jersey gas tops $5 for first time
6/15: CBS News Mornings
Fed likely to announce interest rate hike; Texas lawmaker demands answers on police response.
Stocks jump, with Wall Street on track for rare winning week
Financial markets are rising, with some analysts predicting an economic slowdown rather than a recession.
High gas prices sting millions who rely on driving for work
"If you are the company that requires everyone to come in all the time, you're a pariah," said one employer.
Biden faces gas tax holiday roadblocks
President Joe Biden is hoping his proposed gas tax holiday would get prices on gas and diesel down. but he's getting pushback from both Republicans and Democrats. CNS News Senior White House and Political Correspondent Ed O'Keefe joins CBS News Mornings with more.
Biden proposes federal gas tax holiday
President Biden is calling on Congress to suspend the federal 18-cent federal gas tax and 24-cent federal diesel tax. CBS News chief White House correspondent Nancy Cordes reports.
Biden urges Congress to suspend gas tax for 3 months
President Biden called on Congress to halt the federal gas tax for three months as gas prices soar. But there's debate about whether it will actually help consumers. Nancy Cordes has the details.
Biden calls for three-month federal gas tax "holiday"
The idea, which would require the support of Congress, is already being met with skepticism.
Biden faces uphill battle on gas tax holiday
President Biden is urging Congress to pass his proposed three-month federal gas tax holiday. But lawmakers in his own party are skeptical it would help consumers. CBS News chief White House correspondent Nancy Cordes has the latest.
Stocks droop on Fed's commitment to "restore price stability"
Stocks have slumped in recent weeks amid investor fears that sharply higher interest rates could trigger a recession.
President Biden calls for gas tax holiday
President Joe Biden is urging congress to pass a three-month federal gas tax holiday. However, some Democrats -- including former President Barack Obama -- have long criticized the idea. CBS News Senior White House and Political Correspondent Ed O'Keefe has more on why Biden is moving forward with this proposal.
Fed will keep raising interest rates as long as appropriate
Fed Chairman Jerome Powell acknowledged recession is possible but later said its likelihood is not "particularly elevated right now."
President Biden considers gas tax holiday
President Biden is considering a gasoline tax holiday to address rising prices amid inflation, but the measure would require congressional approval before taking effect. CBS News political contributor and Washington Post deputy politics editor Sean Sullivan explains why a plan to pause federal gas taxes would likely face an uphill battle on Capitol Hill.
Stocks bounce back after steep selloff last week
Financial markets rebounded Tuesday, but some analysts think U.S. stocks have yet to touch bottom.
White House says recession is not inevitable
As inflation remains high and the stock market falls, U.S. Treasury Secretary Janet Yellen and other White House officials are amplifying President Joe Biden's message that a recession is not inevitable. CBS News anchors Anne-Marie Green and Vladimir Duthiers spoke with political correspondent Caitlin Huey-Burns about the Biden Administration's potential plans to offer temporary relief from rising gas prices.
Biden says he'll decide soon on possible gas tax holiday
Soaring gas prices are putting pressure on the president to take action.
Mortgage rates in the U.S. jump by most in 35 years
Borrowing costs for a typical home loan surged a day after the Federal Reserve hiked its benchmark rate.
6/15: Red and Blue
Biden pushes oil companies on gas production; FDA panel supports COVID vaccine for kids under 5
Biden calls out oil companies as gas prices soar
President Biden sent letters to several U.S. oil companies Wednesday, asking them to do more to reduce the price of gas. Zeke Miller, a CBS News political contributor and White House reporter for the Associated Press, joined Matt Pieper to discuss the issue.
Biden calls on oil companies to produce more gas
In a letter to several oil companies, President Joe Biden asked them to work with the White House to bring down high gas prices. CBS News correspondent Skyler Henry and CBS News senior White House and political correspondent Ed O'Keefe report.
Station manager fired after selling gas for 69 cents a gallon
California service station manager John Szczecina misplaced the decimal on $6.99 per gallon gas. Now he's out of a job.
Live
Hegseth says U.S. "just getting started" as Iran war spreads
The U.S. is "accelerating, not decelerating" war on Iran, Hegseth says, as strikes intensify in the region and reach 1,000 miles away.
Senate rejects attempt to rein in Trump's power to wage war on Iran
The measure, which would have blocked President Trump from continuing military force against Iran, fell short of the simple majority needed to advance.
Key takeaways from House hearing with Walz, Ellison on Minnesota fraud
Minnesota Gov. Tim Walz told lawmakers that fraud "happened on my watch," but defended his administration's handling of the allegations.
Exclusive
Anthropic CEO: We're trying to "deescalate" Pentagon AI standoff to reach agreement
Anthropic CEO Dario Amodei said his company and the Department of Defense "have much more in common than we have differences."
U.S. torpedo sinks Iranian warship, Hegseth says
In Defense Secretary Pete Hegseth's second news briefing since the start of the Iran war, Hegseth said the U.S. had sunk an enemy ship by a torpedo for the first time since World War II.
Probe into Biden autopen closed by D.C. U.S. Attorney's Office, source says
Federal prosecutors are dropping their probe into whether Biden and his aides unlawfully used an autopen for pardons, a source said.
Companies are entitled to Trump tariff refunds, trade court rules
A federal court in New York ruled Wednesday that businesses that paid emergency tariffs invalidated by the Supreme Court are eligible for refunds.
Lou Holtz, former Notre Dame football coach, dies at 89
Holtz coached Notre Dame from 1986 to 1996, winning 100 games with the school, including a 12-0 national title-winning season in 1988.
What to know about the agency Trump says will insure ships in the Gulf
President Trump said the government agency will provide political risk insurance to "all shipping lines" operating in the Persian Gulf.
U.S.
More U.S.
Companies are entitled to Trump tariff refunds, trade court rules
A federal court in New York ruled Wednesday that businesses that paid emergency tariffs invalidated by the Supreme Court are eligible for refunds.
Gloves found near Nancy Guthrie's home tied to restaurant worker, no connection to case
DNA from the gloves found near Nancy Gunthrie's Arizona home was traced back to a local restaurant worker who has no connection to the investigation, the Pima County Sheriff's Department said.
Probe into Biden autopen closed by D.C. U.S. Attorney's Office, source says
Federal prosecutors are dropping their probe into whether Biden and his aides unlawfully used an autopen for pardons, a source said.
12 defendants set to plea in NBA-mafia rigged poker game case, feds say
NBA Hall of Famer Chauncey Billups and former player Damon Jones are among 31 people charged in the federal case. They have pleaded not guilty.
Lou Holtz, former Notre Dame football coach, dies at age 89
Holtz coached Notre Dame from 1986 to 1996, winning 100 games with the school, including a 12-0 national title-winning season in 1988.
MoneyWatch
More MoneyWatch
Companies are entitled to Trump tariff refunds, trade court rules
A federal court in New York ruled Wednesday that businesses that paid emergency tariffs invalidated by the Supreme Court are eligible for refunds.
Nearly 37 million pounds of food recalled because it could contain glass
Oregon food manufacturer Ajinomoto expands an earlier recall of frozen and ready-to-eat products over glass contamination.
Google faces first lawsuit alleging its AI chatbot encouraged man's suicide
Google is accused in a wrongful death lawsuit filed by the family of a man who committed suicide in October, allegedly at the direction of the tech giant's AI chatbot, Gemini.
Tariff refund delays could cost U.S. $700 million a month in interest
The U.S. government must also reimburse businesses for the interest they paid on tariffs recently struck down by the Supreme Court, according to the Cato Institute.
What to know about the agency Trump says will insure ships in the Gulf
President Trump said the government agency will provide political risk insurance to "all shipping lines" operating in the Persian Gulf.
Politics
More Politics
Companies are entitled to Trump tariff refunds, trade court rules
A federal court in New York ruled Wednesday that businesses that paid emergency tariffs invalidated by the Supreme Court are eligible for refunds.
Probe into Biden autopen closed by D.C. U.S. Attorney's Office, source says
Federal prosecutors are dropping their probe into whether Biden and his aides unlawfully used an autopen for pardons, a source said.
House Oversight Committee votes to subpoena Bondi to testify in Epstein probe
Several Republicans on the Oversight panel joined with Democrats in supporting the motion to subpoena Attorney General Pam Bondi.
Exclusive
Justice Dept. employee charged in child pornography case
Timothy Parsons, a legal staffer at the U.S. Attorney's Office in Washington, D.C., is facing federal criminal charges in Maryland, where he lives, three sources said.
Exclusive
Anthropic CEO: We're trying to "deescalate" Pentagon AI standoff to reach agreement
Anthropic CEO Dario Amodei said his company and the Department of Defense "have much more in common than we have differences."
HealthWatch
More HealthWatch
Some baby formula brands contain heavy metals, Consumer Reports says
Tests of dozens of baby formulas by Consumer Reports found that nearly half contained potentially dangerous chemicals.
States face pushback on their rural health transformation plans
Some Republican state lawmakers and health associations are pushing back against spending plans under the Trump administration's $50 billion federal rural health fund.
Chocolate supplement recalled over erectile dysfunction drug
USALESS.COM is recalling its Rhino Choco VIP 10X product due to the undeclared presence of Tadalafil, which is the active ingredient in Cialis.
College student's mystery illness diagnosed as Stage IV cancer
Emma Operacz was diagnosed with a rare cancer at 21. An unusual treatment and bone marrow donation from her sister saved her life.
Medicaid is paying for more dental care. GOP cuts threaten to reverse the trend.
More than three dozen states cover dental services for people on Medicaid, but with about $900 billion in cuts expected to hit states over the next decade, many programs could roll back dental coverage.
World
More World
What we know about U.S. service members killed in Iran war
The fallen soldiers identified by the Pentagon were Sgt. Declan Coady, Sgt. 1st Class Nicole Amor, Capt. Cody Khork, and Sgt. 1st Class Noah Tietjens.
Iran says a girls' school was hit by a deadly air strike. Here's what we know.
Iranian officials say more than 170 people were killed in the strike. Neither the U.S. nor Israel has said it was behind the attack, but the Pentagon is investigating.
Cuba charges 6 suspects with terrorism over fatal U.S. boat shooting
The government unveiled items said to have been found on the boat, including high-powered weapons, more than 12,800 pieces of ammunition and 11 pistols.
Hegseth says U.S. torpedo sank an Iranian warship as military campaign ramps up
In Defense Secretary Pete Hegseth's second news briefing since the start of the Iran war, Hegseth said the U.S. had sunk an enemy ship by a torpedo for the first time since World War II.
Senate rejects attempt to rein in Trump's power to wage war on Iran
The measure, which would have blocked President Trump from continuing military force against Iran, fell short of the simple majority needed to advance.
Entertainment
More Entertainment
Entertainment
True crime series spotlights U.S. small towns
Hilarie Burton Morgan, known for playing Peyton on "One Tree Hill," talks about her docuseries, "True Crime Story: It Couldn't Happen Here," which is in its third season. She explains how each episode highlights a case in a small town in the U.S., how the series empowers the audience and recent developments in a cold case.
Padma Lakshmi talks "America's Culinary Cup"
TV host and food expert Padma Lakshmi, the creator and executive producer of the new CBS series, "America's Culinary Cup," speaks to "CBS Mornings" about creating the cooking competition and how it's different from other shows.
How families can change their habits
Bestselling author Michaeleen Doucleff offers science-backed tips on how families can curb their screen time and cut back on ultraprocessed foods. She explains how her new book, which is aimed at rewiring children's brains, began with a personal revelation.
Luke Grimes on "Marshals"
Actor Luke Grimes talks about starring in the "Yellowstone" spinoff "Marshals." Grimes reveals why he was hesitant to join the cast at first and what it was like to have his new song "Haunted" to play in the premiere episode.
Preview of UFC 326: Holloway vs. Oliveira
UFC commentator Laura Sanko joins "CBS Mornings" to preview Saturday's UFC fight where defending champion Max Holloway will take on Charles Oliveira for the BMF title.
Technology
More Technology
Exclusive
Anthropic CEO: We're trying to "deescalate" Pentagon AI standoff to reach agreement
Anthropic CEO Dario Amodei said his company and the Department of Defense "have much more in common than we have differences."
OpenAI changing Pentagon deal after backlash
Hours after the Trump administration ditched Anthropic over the dispute about AI use, OpenAI struck its own deal with the Pentagon. Now the details of that agreement appear to be changing after backlash. Katrina Manson, Bloomberg News reporter, has more.
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.
Amazon says drones hit 3 of its Middle East data centers
Drones struck two facilities in the United Arab Emirates directly, and damaged a data center in Bahrain, Amazon said.
Exclusive
AI executive Dario Amodei on the red lines Anthropic would not cross
The CEO of Anthropic says his company refused to allow its technology to be used by the Trump Administration without certain guidelines (such as not using its AI to power fully-autonomous weapons without any human involvement).
Science
More Science
NASA announces major overhaul of Artemis moon program "to take down risk"
NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
What scientists will be looking for when government UFO files are released
Documents might help scientists shed light on unexplained phenomena and government secrets, experts said.
In a first, shark seen on camera in Antarctica waters, surprising researchers
A large shark was caught on camera for the first time in Antarctica's waters, surprising researchers. "There's a general rule of thumb that you don't get sharks in Antarctica," one said.
How Washington's crossing of the Delaware presaged a changing world
On the evening of Christmas 1776, Gen. George Washington surprised the King's forces by leading the Continental Army in a surprise crossing of a near-frozen Delaware River - a watershed military maneuver that dramatized a changing America, and a changing climate.
These United States: George Washington and climate change
On the evening of Christmas 1776, Gen. George Washington surprised the King's forces by leading the Continental Army in an unanticipated crossing of a near-frozen Delaware River. Environmental correspondent David Schechter looks at how Washington's watershed military maneuver dramatized both a changing America, and a changing climate.
Crime
More Crime
Gloves found near Nancy Guthrie's home tied to restaurant worker, no connection to case
DNA from the gloves found near Nancy Gunthrie's Arizona home was traced back to a local restaurant worker who has no connection to the investigation, the Pima County Sheriff's Department said.
Exclusive
Justice Dept. employee charged in child pornography case
Timothy Parsons, a legal staffer at the U.S. Attorney's Office in Washington, D.C., is facing federal criminal charges in Maryland, where he lives, three sources said.
Officers who killed Austin gunman won't face charges
Travis County DA Jose Garza said Tuesday that suggestions that he would seek charges in the killing were "intentionally false" and political in nature, calling the officers heroes.
Cuba charges 6 suspects with terrorism over fatal U.S. boat shooting
The government unveiled items said to have been found on the boat, including high-powered weapons, more than 12,800 pieces of ammunition and 11 pistols.
Dad of accused school shooter found guilty
A jury found Colin Gray, the father of an accused Georgia high school shooter, guilty on all 27 counts Tuesday, including second-degree murder. Last week Gray testified in his own defense that he never noticied any signs of trouble with his son, Colt Gray, who is charged with opening fire and killing four people inside Apalachee High School in 2024.
Space
More Space
Space
Why NASA is overhauling Artemis program
NASA has announced a major overhaul of its Artemis moon program amid ongoing safety concerns. CBS News space consultant Bill Harwood has more details.
How NASA plans to get astronauts on the moon
NASA announced an overhaul to its Artemis moon program as safety concerns persist. CBS News space contributor Christian Davenport breaks down the key takeaways.
NASA announces major overhaul of Artemis moon program "to take down risk"
NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
Safety concerns over NASA's Artemis program
NASA's Artemis II mission continues to face concerns and delays. Scott E. Parazynski, a former astronaut, joins CBS News with more.
NASA rolls Artemis II back for repairs
NASA is rolling back the Artemis II moon rocket from its launch pad at the Kennedy Space Center in Florida. It is expected to take up to 12 hours to move the 322-foot rocket, with the journey spanning four miles back to its hangar for repairs. CBS News space consultant Bill Harwood has more.
Latest Galleries
More Latest Galleries
Notable Deaths in 2026
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
Sen. Chris Murphy: Iran war "makes no sense"
The Senate on Wednesday rejected a push to rein in President Trump's power to wage war on Iran. Ahead of the vote, Democratic Sen. Chris Murphy of Connecticut spoke with CBS News chief Washington correspondent Major Garrett about his opposition to the conflict.
Takeaways from Talarico's Texas primary win
Texas State Rep. James Talarico defeated Rep. Jasmine Crockett in the Lone Star State's Democratic Senate primary on Tuesday. CBS News senior White House and political correspondent Ed O'Keefe spoke with Texans to get their reactions.
Iran's political future remains unclear
The war with Iran continues and has expanded. The Pentagon said war plans are unrestrained and ahead of schedule. Josh Lederman, fellow at Princeton University's Center for International Security Studies, joins with analysis.
Full interview: Israel President Isaac Herzog
Israeli President Isaac Herzog speaks with "CBS Evening News" anchor Tony Dokoupil about the "superbly close" coordination between the U.S. and Israel on their war with Iran, outlining the objectives of their military campaign, sharing his vision for the country's future and more.
White House pressed on Mideast evacuations
Thousands of Americans are trying to evacuate from the Middle East. Their frustrations and the reliability of guidance from the U.S. Government were front and center at Wednesday's White House briefing. CBS News' Matt Gutman and Nancy Cordes have the latest.