The Price Of Oil
The historic swings in oil prices last year were the result of financial speculation from Wall Street and not supply and demand. Steve Kroft investigates.
Gas Prices
Gas prices rise as travel increases across U.S.
More people are hitting the road as COVID-19 restrictions are rolled back, but gas prices are at their highest since 2019. Errol Barnett takes a look.
Gas prices increase as states rollback COVID restrictions
The national average is $2.87 per gallon.
Gas prices rise after Saudi oil site attacks
U.S. gas prices have already started to rise after an attack damaged two oil facilities in Saudi Arabia. According to AAA, fuel prices could rise by 25 cents this month. Kris Van Cleave reports.
Trump says Iran is likely behind oil plant attack
President Trump on Monday said Iran is most likely to blame for a series of airstrikes that crippled a major Saudi Arabian oil plant over the weekend. Damage from the attacks cut Saudi Arabia's oil production capacity in half and could cause global gas prices to skyrocket. Mr. Trump added that while he does not want to start a war with Tehran, the U.S. military is well prepared to respond if necessary. CBS News White House correspondent Weijia Jiang joins CBSN with more.
Oil tankers crowd largest U.S. port with nowhere to unload
Off the coast of Southern California, several massive oil tankers have turned the waters surrounding the nation's largest port complex into a floating parking lot.
Negative oil prices: What does that mean?
"It's the worst oil price in history," an expert says. But lower prices at the pump may not help Americans stuck at home.
Oil rises above $70 a barrel amid Iran-U.S. conflict
Crude oil surged to a three-month high after Iran vowed "harsh retaliation" for Gen. Qassem Soleimani's death.
Oil prices rise on fear of Iranian retaliation against U.S.
Fresh tensions could threaten the world's oil supply, boosting energy costs and potentially hurting economic growth
What determines the price of gas? Here's some crude math
Jump in gas after Saudi Arabia oil attack marks the largest increase in fuel prices since Hurricane Harvey in 2017
Oil prices surge after Trump tweets "Iran made a very big mistake!"
Rising friction between the U.S. and Iran is driving up the cost of crude around the world
Gas prices continue skyrocketing across U.S.
The average gas price in California is now above $4
Gas prices on the rise nationwide
Gas prices keep going up. According to AAA, the national average is now $2.85 a gallon, up 23 cents from last month. But in California, drivers are paying more than $4 a gallon. Jamie Yuccas explains.
Gas prices above $4 in California for first time in five years
Fuel prices are up nationwide, too, as unexpected repairs put refineries out of action in West Coast and Rocky Mountains
Rising gas prices could impact summer travel
Americans are gearing up to hit the road this summer as AAA says 40 percent of families are planning a vacation. One in 3 will go on a second trip if gas prices remain affordable, but a new surge in prices has some folks hitting the brakes. Ileana Diaz reports.
60 Minutes, 01.11.09
Steve Kroft investigates the swings in oil prices; David Martin profiles Chairman of the Joint Chiefs of Staff Adm. Mike Mullen; Scott Pelley speaks with musician Wyclef Jean about bringing aid to Haiti; And, Andy Rooney's favorite holiday.
Blockaded Qatar to pull out of Saudi-dominated OPEC
1st departure of Mideast state from oil cartel is clear message from tiny but fiercely independent nation in heart of the Arab world
Oil's plunge propels gas prices toward lowest of the year
U.S. motorists are filling up for less, with a gallon of gas under two bucks in some locations in 21 states
Oil price plunge sends ripples through global economy
President Trump is cheering a decline in the price of crude, but economists worry it could hurt the energy industry
Iran warns of "war situation" as Trump's toughened sanctions kick in
President Hassan Rouhani strikes defiant tone, vows Islamic Republic will keep vital oil income rolling in
Consumers face a new -- but familiar -- economic worry: Inflation
Most workers have seen their pay go backward during the recovery after accounting for rising prices
Gas prices nearing highest level in four years
Motorists around the U.S. may be feeling some pain at the pump after an unexpected jump in gas costs
Florence threatens to snarl travel across Mid-Atlantic states
Airlines waive rebooking fees for flights set to be in the path of massive storm, while Amtrak cancels some trains
Gas at a 4-year high for July Fourth holiday
Independence Day driving is not only costly at the pump -- safety experts predict 164 fatalities on U.S. roads this July 4
What's behind the spike in gas prices?
Gas prices this Fourth of July are expected to be the highest in four years because of the rising cost of oil. One reason for the increase is a smaller-than-expected production boost by OPEC, the group of oil producing nations. Patrick DeHaan, head of petroleum analysis at GasBuddy, joins "CBS This Morning" to discuss what's behind the price increase.
Trump, Clinton seen in new batch of Epstein photos released by Democrats
Democrats on the House Oversight Committee on Friday released 19 photos from a trove of images obtained from the estate of Jeffrey Epstein.
How to watch Erika Kirk's town hall with CBS News
The last person to ask Charlie Kirk a question attended the town hall, airing at 8 p.m. ET/PT on CBS.
2 killed in Russia; Ukraine's energy infrastructure is targeted
Ukrainian President Volodymyr Zelenskyy said Russia had sent over 450 drones and 30 missiles into Ukraine overnight.
House GOP unveils health care plan, with vote on track for next week
The Republican proposal does not include an extension to the expiring Affordable Care Act premium tax credits.
Trump honors "Miracle on Ice" U.S. Olympic men's hockey team
President Trump hosted members of the 1980 U.S. Olympic men's hockey team — famous for defeating the Soviet Union in the "Miracle on Ice" — at a bill-signing.
Johnson's grip on the House slips as Republicans defy leadership
House Republicans have repeatedly defied Speaker Mike Johnson's leadership amid growing frustration over how he's led the fractious majority.
Former Michigan coach Sherrone Moore charged with home invasion, stalking
Two days after he was fired as head coach at the University of Michigan, Sherrone Moore was charged Friday in connection with what authorities have said is an assault investigation.
King Charles says he'll scale back cancer treatment thanks to early diagnosis
King Charles III says that his cancer treatment will be reduced in the new year because of early diagnosis, effective intervention and adherence to doctor's orders.
Lindsey Vonn back on the podium after historic World Cup downhill win
One day after becoming the oldest winner of a World Cup downhill, Vonn, 41, finished second in a race on Saturday in St. Moritz.
U.S.
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Lindsey Vonn back on the podium after historic World Cup downhill win
One day after becoming the oldest winner of a World Cup downhill, Vonn, 41, finished second in a race on Saturday in St. Moritz.
How to watch Erika Kirk's town hall with CBS News
The last person to ask Charlie Kirk a question attended the town hall, airing at 8 p.m. ET/PT on CBS.
When a regular at his restaurant stopped showing up, the chef went looking for him
Charlie Hicks ate his lunch and dinner at the Shrimp Basket in Pensacola, Florida, every day for 10 years. When he suddenly stopped showing up, the chef went looking for him, and ultimately saved his life.
House GOP unveils health care plan, with vote on track for next week
The Republican proposal does not include an extension to the expiring Affordable Care Act premium tax credits.
National Guard member wounded in D.C. shooting making "extraordinary progress"
Air Force Staff Sgt. Andrew Wolfe "has made extraordinary progress," his medical team said.
MoneyWatch
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Law prof sues Boeing, alleging exposure to toxic fumes on Delta flight
A Temple University law professor alleges in a suit that he breathed in contaminated air on a Boeing craft, leaving him physically impaired.
Millions of Americans could see health plan costs double as ACA credits vanish
"I don't know how I'm going to pay for this," said one person with an Affordable Care Act plan that will cost her $1,100 a month starting in January.
U.S. could owe businesses $168B if Supreme Court rejects Trump tariffs
A ruling striking down emergency levies could force the federal government to return most of the tariff revenue it has collected this year, according to Penn Wharton.
Trump signs executive order to block "excessive" state AI regulations
President Trump has signed an executive order to block states from regulating artificial intelligence.
Bessent calls for overhaul of regulator that protects U.S. financial system
Treasury Secretary's proposal to revamp the Financial Stability Oversight Council would expose Americans to risk, critics say.
Politics
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How to watch Erika Kirk's town hall with CBS News
The last person to ask Charlie Kirk a question attended the town hall, airing at 8 p.m. ET/PT on CBS.
U.S. removes Brazilian Supreme Court judge from its sanctions list
The move represents a thawing of sorts in the frosty relationship between the Trump administration and the Brazilian government.
House GOP unveils health care plan, with vote on track for next week
The Republican proposal does not include an extension to the expiring Affordable Care Act premium tax credits.
Venezuela's Machado appears open to U.S. military pressure against Maduro
María Corina Machado, asked by CBS News' Margaret Brennan about Trump's threat of land strikes, said she'd "welcome more and more pressure" on Maduro.
Machado says she'll return to Venezuela "as soon as possible" despite risks
Venezuelan opposition leader María Corina Machado spent hours in rough seas during a dangerous secret trip to Oslo to accept the Nobel Peace Prize.
HealthWatch
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He made his brothers see a cardiologist. Each had advanced heart disease.
Kevin Murray was his family's health watchdog. His vigilance helped his brothers "avoid a real catastrophe."
Millions of Americans could see health plan costs double as ACA credits vanish
"I don't know how I'm going to pay for this," said one person with an Affordable Care Act plan that will cost her $1,100 a month starting in January.
Vaccine vote signals turbulence for immunization policy, public trust
Clinicians and epidemiologists warn the decision could unravel decades of progress and expose newborns to a deadly, preventable disease.
Botulism outbreak tied to ByHeart products includes 51 babies in 19 states
Health officials say an infant botulism outbreak tied to ByHeart baby formula has been expanded to include all illnesses reported since the company began production in 2022.
Extended interview: Dr. Rochelle Walensky
CBS News chief medical correspondent Dr. Jon LaPook speaks at length with former CDC director Dr. Rochelle Walensky about the hepatitis B vaccine and last week's vote by the CDC's vaccine advisory panel to change the recommendation for when children should get their first dose of the vaccine.
World
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Lindsey Vonn back on the podium after historic World Cup downhill win
One day after becoming the oldest winner of a World Cup downhill, Vonn, 41, finished second in a race on Saturday in St. Moritz.
Belarus releases Nobel prize laureate in exchange for U.S. sanctions relief
John Coale, the U.S. special envoy for Belarus, said that normalizing relations between Washington and Minsk was "our goal."
Fighting rages on Thai-Cambodian border despite Trump's ceasefire claim
Fighting is raging along the Thailand-Cambodia border despite U.S. President Donald Trump's claim of a ceasefire agreement.
2 killed in Russia; Ukraine's energy infrastructure is targeted
Ukrainian President Volodymyr Zelenskyy said Russia had sent over 450 drones and 30 missiles into Ukraine overnight.
U.S. removes Brazilian Supreme Court judge from its sanctions list
The move represents a thawing of sorts in the frosty relationship between the Trump administration and the Brazilian government.
Entertainment
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King Charles says he'll scale back cancer treatment thanks to early diagnosis
King Charles III says that his cancer treatment will be reduced in the new year because of early diagnosis, effective intervention and adherence to doctor's orders.
Director found guilty of scamming $11M from Netflix and buying luxury cars, mattresses
Carl Erik Rinsch, a Hollywood director, has been convicted on charges that he scammed Netflix out of $11 million for a show that never materialized.
"Waiting to Exhale" stars on 30th anniversary
The iconic movie "Waiting to Exhale," starring Angela Bassett, Whitney Houston, Loretta Devine and Lela Rochon premiered 30 years ago this month. The film, which had an all Black cast and focused on female empowerment, was a box office hit. "CBS Mornings" co-host Gayle King spoke with the stars of the film about the movie and what Houston would think.
Sombr talks about writing breakout hits
Singer-songwriter Sombr is up for Best New Artist of the Year at the Grammy Awards. He was the only writer on his debut album, "I Barely Know Her." He spoke to Anthony Mason about where his journey began and his whirlwind year.
Carly Pearce on new music
Grammy-winning country music superstar Carly Pearce joins "CBS Mornings" to talk about her highly-anticipated fifth studio album, fans relating to the lyrics in her music and being vulnerable.
Technology
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Technology
What's next after Trump's AI rule order?
President Trump signed an executive order restricting states from creating their own regulations for artificial intelligence. CBS News senior business and technology correspondent Jo Ling Kent has more.
College grads struggling to launch careers
New York Times reporter Jodi Kantor's upcoming book "How to Start" looks at the difficulties of beginning your career. Kantor joins "The Takeout" to unpack some of the difficulties college students face, artificial intelligence and 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.
Trump targets state regulations for AI
President Trump signed an executive order Thursday that aims to prevent states from enforcing their own regulations on artificial intelligence. CBS News chief White House correspondent Nancy Cordes reports.
Trump signs order to block state AI rules
Stocks dipped lower on Friday as tech and AI companies came under pressure from President Trump. He signed an executive order on Thursday to stop state regulation of artificial intelligence, arguing that a patchwork set of rules could hold the U.S. back from dominating the competition. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Science
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Fossil footprints in Bolivia reveal dinosaurs' awkward attempts to swim
Paleontologists have discovered and documented 16,600 footprints left by theropods, the dinosaur group that includes the Tyrannosaurus rex.
"Space gum" discovered in asteroid Bennu samples, NASA reveals
Samples collected from the asteroid Bennu are continuing the shed light on the origins of the solar system and how life developed on Earth, scientists say.
CEO of genetics firm says parents have a right to choose unborn child's traits
Kian Sadeghi, the 25-year-old founder and CEO at Nucleus Genomics, tells "CBS Mornings" that parents have every right to select the qualities and traits they desire in their child.
Sick ants invite self-sacrifice to save colony: "Come and kill me"
Ant colonies act as one "super-organism" which works to ensure the survival of all, according to a team of scientists.
Mystery owner of ancient foot found in Africa identified, scientists say
The discovery could cast some doubt on the status of Lucy's species as the direct ancestor of Homo sapiens.
Crime
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California tourist recovering from stabbing at Macy's Herald Square
A mother of three from California is now recovering after being stabbed inside Macy's in Herald Square. It appears to have been an unprovoked attack, police said.
Jury deliberating in Brian Walshe murder trial
Jurors began deliberations Friday in Brian Walshe's murder trial. Walshe is accused of killing his wife Ana, a charge he denies. Legal analyst Jennifer Roman joins to discuss.
New Orleans jail escapee who was on the run for months sentenced to life in prison
Derrick Groves, 28, was sentenced Friday to two life sentences over a 2018 double murder, with the Louisiana judge rebuking him for the disruption caused by his five months on the run.
Epstein estate photos released
House Oversight Committee Democrats released several photos from Jeffrey Epstein's estate ahead of a Dec. 19 deadline when more files related to the convicted sex offender's case are expected to emerge. CBS News' Jake Rosen reports.
Former Michigan coach Sherrone Moore charged
Sherrone Moore, who was recently fired from his head football coach position at the University of Michigan, appeared in court for his arraignment after being charged with several counts.
Space
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"Wet lava ball" exoplanet may have an atmosphere, evidence shows
Super-Earth TOI-561b is about 40 times closer to its host star than Mercury is to the sun.
NASA says Maven spacecraft that was orbiting Mars has gone silent
NASA has lost contact with a spacecraft that's been orbiting Mars for more than a decade.
Black hole spotted blasting winds at 130 million miles per hour
The European Space Agency said that the black hole inside the spiral galaxy NGC 3783 has the mass of 30 million suns.
3-man crew undocks from space station, wrapping up 8-month stay
Russian Soyuz crews are now spending eight months aboard the space station instead of six to stretch supplies and lower costs.
"Space gum" discovered in asteroid Bennu samples, NASA reveals
Samples collected from the asteroid Bennu are continuing the shed light on the origins of the solar system and how life developed on Earth, scientists say.
Latest Galleries
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A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
The life & near death of prizefighter Christy Salters-Martin
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A retrospective look at the actor, director, producer, and founder of the Sundance Institute.
Latest CBS News Videos
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Help Find Molly Bish's Killer | Post Mortem
Join "48 Hours" correspondents Anne-Marie Green and Erin Moriarty as they discuss the murder of 16-year-old Molly Bish, whose killer still has not been identified more than two decades later.
The Uplift: Pint-sized politician
A pint-sized politician proves you are never too little to run a big campaign. David Begnaud catches up with the Agars, a father-son duo making history by competing together in triathlons. Plus, more heartwarming stories.
Ex-Michigan coach Sherrone Moore charged
Appearing remotely from a county jail in a white jumpsuit, former University of Michigan football coach Sherrone Moore was charged with stalking and illegally entering the home of the woman he was allegedly romantically involved with. Jericka Duncan has the latest.
Latest on New Orleans immigration crackdown
The federal immigration crackdown in Louisiana continued on Friday as Border Patrol agents arrest undocumented immigrants. CBS News national reporter Kati Weis has the latest details.
Washington flooding leaves residents stranded
The Pacific Northwest is dealing with historic flooding, with more rain expected in the coming days. Carter Evans reports, and Lonnie Quinn has the forecast.