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.
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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.
Americans preparing to hit the road for Memorial Day are likely to find lowest fuel prices in years, according to Gas Buddy.
On President Trump's first day in office, he announced a national energy emergency to address the need to provide more reliable and affordable power for Americans. Since then, he has reversed major U.S. policies on energy and environmental regulations. CBS News' national environmental correspondent David Schechter reports.
President Trump has made a series of false or misleading statements about consumer prices, while shoppers are seeing some tariff-related cost hikes.
Microchip shortages and surging gas prices are impacting our everyday lives. But all across the country, people are getting resourceful to address some of these issues. We also meet a chef couple mobilizing a local response to help support Ukrainians impacted by the war. Watch these stories and more on "Eye on America" with host Michelle Miller.
When President Trump was on the campaign trail, he promised to lower the prices of all goods on "day one" of his second term. Since he took office in January, he has repeatedly claimed that the price of energy, groceries, eggs and homes have dramatically dropped. CBS News Confirmed executive editor Rhona Tarrant fact-checks these claims.
AAA says on average domestic air fares are up 7% from last year, while gas is cheaper. CBS News senior transportation correspondent Kris Van Cleave found some last-minute deals.
Donald Trump will declare national energy emergency, with goal of allowing more energy production in Alaska.
With a record number of travelers expected this Christmas Eve, airports and highways will be packed despite forecasts of challenging weather in the Northeast and West Coast. TSA expects nearly 40 million passengers this holiday season, while gas prices remain lower than last year.
Donald Trump's proposed tariffs on Canada could increase U.S. gas prices by up to 70 cents a gallon, energy experts say.
As millions of Americans get ready to hit the road ahead of the Thanksgiving holiday, Sheetz is offering a deal on fuel.
President-elect Donald Trump vowed to cut U.S. energy prices by 50% within one year of taking office. He is also expected to loosen regulations on oil and natural gas companies. Patrick De Haan, the head of petroleum analysis for GasBuddy.com, a website that tracks fuel prices, joins CBS News to discuss.
CBS News polling shows most voters have long been dissatisfied with U.S. economic conditions. But does perception match reality? Kate Davidson, managing editor for U.S. economic policy for Bloomberg News, joins "America Decides" to discuss.
Arizona is one of the seven battleground states that will help determine the result of the 2024 presidential election. The state's Senate race could also determine the balance of power in Congress and a ballot measure will decide the state's abortion laws. Arizona Republic national political reporter Ron Hansen joins "The Daily Report" to discuss Arizonans' top issues.
When California Democrats accept oil money or vote against "climate-friendly" bills, they are often criticized or accused of being beholden to the oil industry. But are they?
Vice President Kamala Harris and former President Donald Trump have focused on fracking, the process of injecting fluid into underground rock formations to extract oil and gas, in their respective campaigns. This process is an important component of the Pennsylvania economy, a key battleground state in the 2024 election. New York Times energy reporter Rebecca F. Elliott joins CBS News to discuss why the messaging falls short.
Millions of Americans are returning home from their Labor Day holiday weekend travels after a summer of lower airfares and cheaper gas prices compared to recent years. CBS News' Errol Barnett has more.
New data shows inflation continuing to cool in July, but sticking right below 3% as housing costs and rental prices continue to affect monthly budgets. CBS News senior business and technology correspondent Jo Ling Kent reports.
There are plenty of considerations for those interested in making the investment, according to industry experts.
The U.S. economy grew more than expected in the second quarter of 2024, according to the latest gross domestic product data. Jeanna Smialek, a Federal Reserve and U.S. economy reporter with The New York Times, joins CBS News with more.
There are some indications that prices are falling in some parts of the U.S. economy. This comes after the Federal Reserve's announcement to hold interest rates steady for now. CBS News contributor Javier E. David looks at some key economic indicators as inflation slows slightly.
The Federal Reserve is meeting again to determine if interest rates should remain steady or be altered. The latest data by the Department of Labor shows inflation cooled slightly in May but some consumer prices, including for shelter and food, continued to rise. CBS News' Jo Ling Kent has more.