Second jobs, electric vehicles: How drivers are dealing with high gas prices
The current national average is $4.62 a gallon, according to AAA.
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The current national average is $4.62 a gallon, according to AAA.
"The war could spark starvation. It could cause social unrest and political turmoil," OECD chief economist said.
Gas prices continue to soar across the nation. In more than a dozen states, the typical gas price has topped $5 a gallon. Experts predict the worst has yet to come for customers. Carter Evans is in Los Angeles where gas prices are some of the highest in the nation.
Americans are paying record-high prices for gasoline as the summer travel season kicks off. CBS News correspondent Carter Evans has more on the rising gas prices. Then, John Leer, the chief economist for Morning Consult, joins Lana Zak on CBS News to discuss the U.S. economy and more.
While major financial markets ended the day in positive territory, the average price of gas in the U.S. hit a record high of $4.97 per gallon. CBS News' Elaine Quijano and Tanya Rivero discuss the latest developments with Tom Kloza, global head of energy analysis for the Oil Price Information Service.
Gas prices have once again soared to a new record high. The national average for a gallon of gas is now $4.92. That’s up nearly $2 from the same time last year. CBS News correspondent Carter Evans is in Los Angeles, which has some of the nation’s highest gas prices. He joins Tanya Rivero and Elaine Quijano for more on this.
Whether your goal is to pay off debt or save money, credit cards offer rewards and benefits that can make a difference.
Americans have pivoted from pandemic spending, faster than some retailers expected. Target shares tumbled in pre-market trading.
President Biden is preparing for the Summit of the Americas, which is being held in Los Angeles. He will be joined by leaders from North, Central and South American countries as they explore economic relationships and shared policy goals. CBS News political contributor and Democratic strategist Joel Payne joined CBS News' Lana Zak to discuss.
High gas prices are turning into a major speed bump as the summer travel season kicks into high gear. The national average for regular gas is nearing $5 per gallon. Kris Van Cleave has more on why gas prices are increasing.
The cost of gasoline will impact Americans' summer travel plans more than COVID-19 rates, new survey finds.
A handful of gas stations are charging $7.25 or more for a gallon of gas as fuel prices hit another record.
Europeans are bracing for even higher gas prices after a partial ban on Russian oil. The short-term cost hike is expected to reach Americans, as well. CBS MoneyWatch reporter Irina Ivanova joins "CBS News Mornings" to explain the impact experts are predicting.
As gas prices have soared across the country hitting record highs this year, states grapple with how to help consumers.
Investors retreat as global crude prices jump on European Union plan to embargo most Russian oil exports.
Americans have been facing rapidly increasing prices at the gas station and grocery store and in the housing market. President Biden is expected to address this during a meeting with Federal Reserve Chairman Jerome Powell on Tuesday. Frances Stacy, director of strategy at Optimal Capital, joined "CBS News Mornings" to discuss what's contributing to high inflation.
A bipartisan group of lawmakers is trying to reach a compromise on new gun safety legislation after a string of mass shootings. Scott MacFarlane has more.
The summer travel season got off to a rough start thanks to weather delays, cancellations and high gas prices. Errol Barnett reports.
Prices at the pump have hit a record high across the U.S. this holiday weekend, which has caused demand for gas to drop. The Energy Information Administration says the demand for gas has hit its lowest level for this time of the year since 2013, excluding 2020 at the height of the pandemic. Robert Sinclair, the senior manager for AAA Northeast, joins Lana Zak on CBS News to discuss.
Despite record-high gas prices increasing the cost of travel, millions of Americans are hitting the road and taking to the skies for Memorial Day weekend. Tom Wait has more.
More than 39 million people are expected to travel at least 50 miles from home during Memorial Day weekend.
As gas prices remain at a record high, millions of drivers are expected to travel this holiday weekend. More than 39 million people are expected to travel at least 50 miles from home, an increase of more than 8% over last year. Michael George has the latest on the costs of getting out on the road this summer.
Nearly 40 million Americans will travel over Memorial Day weekend, AAA estimates. While inflation and gas prices aren't keeping them home, severe weather could delay travel plans. Errol Barnett has more.
Investors cheered by economic data showing that inflation slowed in April for the first time since November 2020.
Although U.S. inflation remains painfully high, two closely watched barometers suggest prices are moderating.
Iran and the U.S. threaten to intensify their attacks as the war in the Middle East stretches into another country.
The House resolution to rein in Trump's war powers in Iran is expected to fail, after the Senate resolution was voted down Wednesday.
A Senate Republican assisted several police officers in ejecting a man who interrupted a Capitol Hill hearing on Wednesday to object to the U.S. and Israel's war with Iran.
GOP leaders said the lack of long-term funding for the Department of Homeland Security puts the nation at risk amid heightened threats.
A man accused of plotting to kill U.S. politicians said he was pressured by Iran's Islamic Revolutionary Guard Corps to devise the murder-for-hire scheme.
Federal prosecutors are dropping their probe into whether Biden and his aides unlawfully used an autopen for pardons, a source said.
Minnesota Gov. Tim Walz told lawmakers that fraud "happened on my watch," but defended his administration's handling of the allegations.
Republican Rep. Tony Gonzales of Texas acknowledged for the first time Wednesday that he had a relationship with a former staffer, but alleged the controversy that has engulfed the situation is "about power and money."
In an interview with CBS News Wednesday, Israeli President Isaac Herzog said that he is "not calling on any boots on the ground" in Iran.
A man accused of plotting to kill U.S. politicians said he was pressured by Iran's Islamic Revolutionary Guard Corps to devise the murder-for-hire scheme.
Referee Marla Gearhar was knocked to the floor in the melee between South Alabama and Coastal Carolina.
The House resolution to rein in Trump's war powers in Iran is expected to fail, after the Senate resolution was voted down Wednesday.
Republican Rep. Tony Gonzales of Texas acknowledged for the first time Wednesday that he had a relationship with a former staffer, but alleged the controversy that has engulfed the situation is "about power and money."
Sen. Steve Daines said he had wrestled with the decision for months.
Elon Musk reached a deal to buy Twitter in April 2022. On May 13, 2022, he declared his plan "temporarily on hold" over the number of spam and fake accounts on the platform. Twitter's stock tumbled as a result.
A federal court in New York ruled Wednesday that businesses that paid emergency tariffs invalidated by the Supreme Court are eligible for refunds.
Oregon food manufacturer Ajinomoto expands an earlier recall of frozen and ready-to-eat products over glass contamination.
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.
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.
The House resolution to rein in Trump's war powers in Iran is expected to fail, after the Senate resolution was voted down Wednesday.
GOP leaders said the lack of long-term funding for the Department of Homeland Security puts the nation at risk amid heightened threats.
Republican Rep. Tony Gonzales of Texas acknowledged for the first time Wednesday that he had a relationship with a former staffer, but alleged the controversy that has engulfed the situation is "about power and money."
Sen. Steve Daines said he had wrestled with the decision for months.
In an interview with CBS News Wednesday, Israeli President Isaac Herzog said that he is "not calling on any boots on the ground" in Iran.
Tests of dozens of baby formulas by Consumer Reports found that nearly half contained potentially dangerous chemicals.
Some Republican state lawmakers and health associations are pushing back against spending plans under the Trump administration's $50 billion federal rural health fund.
USALESS.COM is recalling its Rhino Choco VIP 10X product due to the undeclared presence of Tadalafil, which is the active ingredient in Cialis.
Emma Operacz was diagnosed with a rare cancer at 21. An unusual treatment and bone marrow donation from her sister saved her life.
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.
The House resolution to rein in Trump's war powers in Iran is expected to fail, after the Senate resolution was voted down Wednesday.
Iran and the U.S. threaten to intensify their attacks as the war in the Middle East stretches into another country.
In an interview with CBS News Wednesday, Israeli President Isaac Herzog said that he is "not calling on any boots on the ground" in Iran.
The fallen soldiers identified by the Pentagon were Sgt. Declan Coady, Sgt. 1st Class Nicole Amor, Capt. Cody Khork, Sgt. 1st Class Noah Tietjens, Maj. Jeffrey R. O'Brien and Chief Warrant Officer 3 Robert M. Marzan.
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.
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.
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.
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.
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.
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.
Anthropic CEO Dario Amodei said his company and the Department of Defense "have much more in common than we have differences."
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.
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.
Drones struck two facilities in the United Arab Emirates directly, and damaged a data center in Bahrain, Amazon said.
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).
NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
Documents might help scientists shed light on unexplained phenomena and government secrets, experts said.
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.
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.
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.
A man accused of plotting to kill U.S. politicians said he was pressured by Iran's Islamic Revolutionary Guard Corps to devise the murder-for-hire scheme.
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.
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.
Travis County DA Jose Garza said suggestions that he would seek charges were "intentionally false" and political in nature, calling the officers heroes.
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.
NASA has announced a major overhaul of its Artemis moon program amid ongoing safety concerns. CBS News space consultant Bill Harwood has more details.
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 Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
NASA's Artemis II mission continues to face concerns and delays. Scott E. Parazynski, a former astronaut, joins CBS News with more.
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.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
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.
Five of the six American service members who were killed in the Iran war have been positively identified. The father and sister of 20-year-old Sgt. Declan J. Coady, one of the deceased, remembers him.
An American submarine sunk an Iranian warship with a torpedo — the first such incident since World War II. Meanwhile, Iran is widening its ring of retaliation. Tony Dokoupil has the latest.
As the war in Iran raged on, many American travelers remained trapped in the Middle East. Some spoke out about their travel experience and communications with the State Department.
In just one week, the national average for a gallon of regular gas is up about 22 cents. Kelly O'Grady explains.
A landmark federal antitrust trial against Ticketmaster's parent company, Live Nation, got underway this week with the first witness testifying on Wednesday. Antitrust attorney Kenneth Dintzer was in the courtroom and joins "The Daily Report" to discuss.