Economic challenges continue with inflation
Despite unemployment hitting a record low, Americans are still seeing high prices at grocery stores and gas stations. Scott MacFarlane has more on the economic situation from the White House.
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Despite unemployment hitting a record low, Americans are still seeing high prices at grocery stores and gas stations. Scott MacFarlane has more on the economic situation from the White House.
The national average for a gallon of gas is currently $4.21, according to AAA.
President Biden on Thursday announced the release of 180 million additional barrels of oil over the next six months to combat gas prices, as well as urged Congress to impose fees on companies that he accuses of "hoarding without producing" and discussed his plans to boost the domestic production of critical minerals. CBS News' Tanya Rivero and Meg Oliver sit down with Tamar Essner, a principal at Vectis Energy Partners, to discuss.
Previous moves to tap the nation's oil stockpile haven't dramatically lowered gas prices, research shows.
The president criticized oil companies for failing to produce what the country needs, while sitting on "record profits."
Reports that the U.S. will release more crude from the nation's Strategic Petroleum Reserve could ease prices at the pump.
Energy prices have spiked as the U.S. and allies have imposed steep sanctions on Russia over its invasion of Ukraine.
Gas prices are once again climbing in Europe, which gets 40% of its gas from Russia, because of supply-chain-related concerns related to the invasion of Ukraine. Josh Wingrove, White House reporter for Bloomberg, joins CBS News' Tanya Rivero and Mola Lenghi to discuss where Europe could begin looking for its future gas needs.
With inflation at a 40-year high, the price of gas is creating "a five-alarm fire at the White House," one reporter said.
Drivers in Maryland and Georgia have seen almost immediate relief from tax holidays. But there could ultimately be a cost.
From suspending highway taxes to releasing more oil from Strategic Petroleum Reserve, here are policymakers' options.
"I know eliminating Russian gas will have costs for Europe," President Biden said as he announced more shipments from the U.S., "but it's the right thing to do."
Rather than give consumers relief at the pump, many oil and gas executives are sending profits to investors.
European Union leaders are meeting for a second day in Brussels. European Union Ambassador to the United States Stavros Lambrinidis joins CBS News to discuss what actions leaders are considering as the Russian invasion of Ukraine continues.
A trio of bills in Congress would offer stimulus payments and rebates to help Americans cope with soaring gas prices.
Certain states have temporarily suspended their gas taxes as prices at the pump have surged in the U.S. amid inflation and Russia's war with Ukraine. Tamar Essner of Vectis Energy Partners joined CBS News' Meg Oliver and Tanya Rivero to discuss the gas tax holiday.
As gas prices soar across the country to record highs, states are grappling with how to help consumers.
Oil prices have been especially volatile in the last five years, and the boom and bust of the oil patch can have a major impact on small producers.
With gas prices soaring, motorists known as "hyper-milers" have found ways to drive with fuel efficiency in mind. Kris Van Cleave gets behind the wheel to learn the secrets to "going the extra mile" on a tank of gas.
Wayne Gerdis said his slow and steady approach to driving has been getting him well over 80 miles per gallon, saving him about $2,500 a year.
Last week U.S. gas prices hit a record high, which adds to the cost of just about everything we buy. But is the Russian invasion of Ukraine – and the U.S. ban on Russian oil – to blame? Not entirely, correspondent David Pogue learns, as he checks with experts, including a gas station manager, about what accounts for price volatility at the gas pump.
As gas prices hover near record highs, some drivers are going to extremes to conserve fuel. They're known as "hypermilers." Kris Van Cleave takes a look.
The high price of gas has led some drivers to master the art of fuel efficiency.
Prices at the pump now average $4.27 per gallon, down 6 cents from their peak last week.
As gas prices rise, former Chicago mayoral candidate and businessman Dr. Willie Wilson is helping by donating $200,000 in gas at select locations on Thursday.
The announcement comes amid criticism of DHS spending under Noem, and as Congress has allowed the department's funding to lapse.
President Trump said he must have a role in choosing Iran's next leader and called the son of the late Ayatollah Ali Khamenei "unacceptable."
The assassination of Iran's Supreme Leader Ayatollah Ali Khamenei in the early hours of the war has raised a simple but enormously consequential question: Who will replace him?
The FBI said it "identified and addressed suspicious activities on FBI networks" and that it was responding but did not elaborate.
A former national security official says Iran has "surrogate networks here in the United States" and urges Americans to be "extra vigilant right now."
GOP leaders say the lack of long-term funding for the Department of Homeland Security puts the nation at risk amid heightened threats.
A suspect is in custody and has been identified after authorities in Utah found three women's bodies in two locations.
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.
According to Ventura County inmate records, Spears was arrested by the California Highway Patrol at 9:28 p.m. Wednesday and released at 6:07 a.m. on Thursday.
Job cuts at a Whirlpool factory in Iowa underscore the challenges in reviving American manufacturing. "Every day, workers' jobs are still in jeopardy," a union official said.
Stocks are falling sharply on Wall Street on Thursday as oil prices rise further because of the war with Iran.
Two dozen states filed a lawsuit challenging President Trump's legal authority to impose new global tariffs.
The announcement comes amid criticism of DHS spending under Noem, and as Congress has allowed the department's funding to lapse.
The Texas Republican admitted Wednesday that he had a relationship with the staffer, who later died by suicide.
Job cuts at a Whirlpool factory in Iowa underscore the challenges in reviving American manufacturing. "Every day, workers' jobs are still in jeopardy," a union official said.
Stocks are falling sharply on Wall Street on Thursday as oil prices rise further because of the war with Iran.
Two dozen states filed a lawsuit challenging President Trump's legal authority to impose new global tariffs.
Americans are now paying an average of $3.246 per gallon, up 26 cents since last week and the highest level since April 2025.
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.
The announcement comes amid criticism of DHS spending under Noem, and as Congress has allowed the department's funding to lapse.
The Texas Republican admitted Wednesday that he had a relationship with the staffer, who later died by suicide.
A pair of tech investors have filed a civil lawsuit accusing the Trump administration of failing to enforce a law that required TikTok to either separate from its China-based owner or face a U.S. ban.
The FBI said it "identified and addressed suspicious activities on FBI networks" and that it was responding but did not elaborate.
A special election is being held on April 21 on whether to amend Virginia's constitution to enable redistricting that could help Democrats in the midterm elections.
HHS Secretary RFK Jr. wants the popular coffee chains to prove their surgery drinks are safe for teens and suggested the Trump administration could place limits on your cup of coffee.
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.
The assassination of Iran's Supreme Leader Ayatollah Ali Khamenei in the early hours of the war has raised a simple but enormously consequential question: Who will replace him?
A former national security official says Iran has "surrogate networks here in the United States" and urges Americans to be "extra vigilant right now."
Ecuador and the U.S. began joint military operations on Tuesday, the U.S. Southern Command said on social media.
Officials speculated that Iran is intentionally hitting the Arab states to get them to pressure the U.S. to end the war.
A new study in the journal Nature says most sea level rise research may have underestimated coastal water heights by an average of 1 foot.
Savannah Louie, who won season 49 of "Survivor," talks about her early elimination from the show's 50th season, challenges she faced as a former winner and the lesson she took away from the game.
Throughout her career, Annie Leibovitz has photographed influential women, including Supreme Court Justice Ketanji Brown Jackson, Queen Elizabeth and former House Speaker Nancy Pelosi. She spoke to Anthony Mason about the moments behind the photos and what she plans for her future.
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.
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).
A new study in the journal Nature says most sea level rise research may have underestimated coastal water heights by an average of 1 foot.
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.
Austin Police Chief Lisa Davis played surveillance video and police body cam video.
A suspect is in custody and has been identified after authorities in Utah found three women's bodies in two locations.
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.
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.
Kristi Noem's answers at Tuesday's Senate hearing may have been the deciding factor in President Trump's decision to remove her as DHS secretary. CBS News congressional correspondent Caitlin Huey-Burns has more.
Kristi Noem delivered remarks Thursday at the Sergeant Benevolent Association Major Cities Conference in Nashville, minutes after President Trump announced he was removing her as Homeland Security secretary. CBS News listened in to a portion of her address, followed by reporting from CBS News chief White House correspondent Nancy Cordes.
President Trump announced Thursday that he's removing Kristi Noem from her position as Homeland Security secretary. CBS News chief White House correspondent Nancy Cordes has more.
President Trump announced Thursday that Kristi Noem is out as secretary of the Department of Homeland Security. Mr. Trump said he's nominating Sen. Markwayne Mullin to be her replacement. Major Garrett anchored CBS News' special report on the development.
House GOP leaders are calling on Republican Rep. Tony Gonzales of Texas to end his reelection campaign after he admitted to having an affair with an aide who later died by suicide. CBS News congressional correspondent Caitlin Huey-Burns has more.