Biden wants FTC to investigate gas prices
The cost of gasoline is up nearly 50% from a year ago, the latest Consumer Price Index showed.
Watch CBS News
The cost of gasoline is up nearly 50% from a year ago, the latest Consumer Price Index showed.
Economists say inflation will force millions of Americans to pay higher prices during the holiday season this year. Associated Press writer Paul Wiseman joins CBSN's Lana Zak to discuss more.
As inflation roars, Americans should brace for a big jump in heating costs this winter, according to energy regulators.
Americans are paying more for a broad swath of goods, ranging from basics like food to big items such as automobiles.
U.S. drivers paid an average of more than $3.36 per gallon Monday, according to one price tracker.
Driving your car is costing a lot more — and heating your home this winter could, too.
With motorists paying the lowest Memorial Day gas prices in 11 years, AAA expects more than 38 million Americans will be driving to their holiday destinations - that's 700,000 more than last year. Senior consumer analyst Vera Gibbons joins "CBS This Morning: Saturday."
While the president blames "profiteers," energy analysts point to other reasons why prices at the pump have jumped.
Storm shut down 95% of oil and gas production in the Gulf Coast and disrupted fuel deliveries.
Almost all of the Gulf's crude oil and gas production are shut down as the region reels from Hurricane Ida. It could lead to an increase in gas prices.
The Food and Drug Administration's expected decision to authorize a third coronavirus vaccine dose comes as the White House intensifies its push to vaccinate more Americans and a growing surge in COVID-19 cases. CBS News senior White House correspondent Weijia Jiang joins CBSN to discuss this and other headlines from the administration.
The Biden Administration is increasing its efforts to expand the nation's green economy, starting with electric vehicles. CBS News climate and energy reporter Cara Korte spoke with CBSN's Tanya Rivero about why current utility restrictions could hamper the President Joe Biden's efforts to add 500,000 charging stations nationwide.
A surge in car and gas prices is causing inflation to rise at the fastest pace since 2008. Fueling the increase in prices is a microchip shortage. CBS News MoneyWatch reporter Irina Ivanova joined CBSN's Elaine Quijano to discuss.
Americans desperate for vacation are facing increasing prices in hotel rooms, airfare, gas and car rentals.
Friday morning, millions of Americans are hitting the road to get a jump start on their 4th of July weekend. More than 47 million people are expected on roadways and in the skies, nearly matching pre-pandemic levels this holiday weekend. Errol Barnett reports.
Holiday travelers may find sticker shock at the gas station — if the station hasn't run dry of fuel. Errol Barnett has more.
Five days after Colonial Pipeline resumed operations, more than 10,500 stations still empty in southeastern states.
In a new "CBS This Morning" series Spring into Summer, correspondents travel to vacation hotspots across the country to share travel advice. Errol Barnett is in New York looking at what to plan for whether you're planning to hit the road or taking to the skies.
Gas stations are seeing long lines as panicked drivers across the southeastern U.S. rush to fill up after a ransomware attack forced a major pipeline to shut down. Manuel Bojorquez has more details.
Motorists in several southern states are rushing to fill up their gas tanks after a ransomware attack sidelined a major pipeline. Jeff Pegues has the latest.
The rising political tension in Saudi Arabia could lead to an increase in gas prices. New video shows some of Saudi Arabia's richest and most powerful people sleeping on cots with rifles behind them while being detained at a Ritz-Carlton hotel. Many top Saudi officials were arrested over the weekend in what's called a sweeping corruption probe. Bianna Golodryga reports.
Gas prices have jumped almost 20 cents since Harvey made landfall one week ago. The national average is now $2.52 - the highest average price in at least two years. In Dallas, drivers lined up to fill their tanks, worried that refinery and pipeline shutdowns along the Gulf Coast would cause a gas shortage. Helima Croft, global head of commodity strategy for RBC Capital Markets, joins "CBS This Morning" to discuss how long the price spike could last and how widespread the effects could be.
Gas prices nationwide are the lowest they've been all year, and the lowest for a holiday in 12 years. Why the cheap prices? Omar Villafranca has more.
Ohio has traditionally been a make-or-break swing state for presidential campaigns and 2016 is no different; The Cleveland Indians will try again Tuesday night to shut the door on the Chicago Cubs and bring home their first World Series win since 1948
Gas prices are rising for millions after a major pipeline in Alabama exploded Monday. One person was killed and five were hurt. The pipeline supplies much of the Southeast and Mid-Atlantic with gas. David Begnaud reports.
President Trump announced Saturday night that he will cancel a pending attack on Iran after he indicated that a rough framework of a peace deal had been reached.
Federal prosecutors moved to dismiss an indictment charging U.S. Olympic canoeist David Hearn with ripping the bottom of the Lincoln Memorial Reflecting Pool, saying the damage was caused by "botched installation and not vandalism."
Todd Blanche previously repeatedly told Congress the "anti-weaponization fund" was "dead."
Several people were killed in a shooting Saturday afternoon at an In-N-Out restaurant in Twin Falls, Idaho, local authorities said.
Vincent Pastore played Salvatore "Big Pussy" Bonpensiero on all six seasons of "The Sopranos," which aired from 1999 to 2007.
On Saturday, Saudi Crown Prince Mohammed bin Salman spoke with Mr. Trump and cautioned him against conducting a fresh round of strikes on Iran, CBS News learned.
Most migrants who entered the tiny Spanish territory of Ceuta have been returned to Morocco, Spain's authorities said Saturday.
Savannah Guthrie said she and her family have been "in agony and despair ever since" her mother Nancy's disappearance in February.
An improvised explosive device detonated at a restaurant Saturday in central Moscow, according to Russian state media.
In 1993, Jeanie Childs was found stabbed more than 60 times in her Minneapolis apartment. Bloody footprints and unknown DNA left investigators without answers until a 2015 cold-case review and public DNA database finally pointed to a suspect.
Several people were killed in a shooting Saturday afternoon at an In-N-Out restaurant in Twin Falls, Idaho, local authorities said.
Vincent Pastore played Salvatore "Big Pussy" Bonpensiero on all six seasons of "The Sopranos," which aired from 1999 to 2007.
Savannah Guthrie said she and her family have been "in agony and despair ever since" her mother Nancy's disappearance in February.
Investigators are probing whether Iranian hackers are behind this week's malicious cyber activity against water systems in Minnesota. If they are found to be the culprits, it would not be the first time.
New poll explores what people wish corporate leaders understood about economic life in the U.S. today.
The families of four children who died by suicide allege that using social media led to depression, anxiety and other mental health problems.
A growing number of U.S. states are seeking to crack down on prediction markets, but face pushback from federal regulators.
Chinese-made electric bedding poses "risk of serious injury or death," according to U.S. product safety regulators.
Anthropic's artificial intelligence model Claude "gained unauthorized access" to three outside organizations on three separate occasions during testing.
On Saturday, Saudi Crown Prince Mohammed bin Salman spoke with Mr. Trump and cautioned him against conducting a fresh round of strikes on Iran, CBS News learned.
President-elect Abelardo de la Espriella condemned the bombing and said "terrorism will not intimidate Colombia."
Todd Blanche previously repeatedly told Congress the "anti-weaponization fund" was "dead."
Investigators are probing whether Iranian hackers are behind this week's malicious cyber activity against water systems in Minnesota. If they are found to be the culprits, it would not be the first time.
Federal prosecutors moved to dismiss an indictment charging U.S. Olympic canoeist David Hearn with ripping the bottom of the Lincoln Memorial Reflecting Pool, saying the damage was caused by "botched installation and not vandalism."
Megan Kaverman's weight gain, fatigue, high blood pressure and other symptoms were dismissed for years before she was diagnosed with a rare heart disease.
A federal judge sentenced the owner of a peptide company to nearly 6 years in prison for deceiving customers and selling products adulterated with steroids, citing a "trail of harm." Adam Yamaguchi reports.
The Department of Justice in June issued a legal opinion saying states aren't required to provide services that help people with disabilities remain in their homes.
If confirmed by the full Senate, Dr. Erica Schwartz would become the 22nd director of the Atlanta-based Centers for Disease Control and Prevention.
On any given day, kids consume an average of 19.4 milligrams of caffeine, which is about two-thirds of what's in a can of Coke, according to a new report.
On Saturday, Saudi Crown Prince Mohammed bin Salman spoke with Mr. Trump and cautioned him against conducting a fresh round of strikes on Iran, CBS News learned.
An explosion Saturday at a Moscow restaurant that killed three people and wounded 21 others was a bombing, Russian authorities said.
For Greece, the danger carried grim resonance: a 2018 wildfire at the seaside community of Mati, near Athens, killed 104 people.
President-elect Abelardo de la Espriella condemned the bombing and said "terrorism will not intimidate Colombia."
Large Pride events in Hamburg and Amsterdam are underway after last week's deadly ramming attack in Berlin.
The summer blockbuster may be having its own blockbuster comeback. After years of streaming dominance, audiences are again packing theaters. Adam Yamaguchi has more.
Vincent Pastore played Salvatore "Big Pussy" Bonpensiero on all six seasons of "The Sopranos," which aired from 1999 to 2007.
French wine region under fire threat, latest on migrants entering Spanish territory, plus all about sake.
Grammy-winning harmonica virtuoso Charlie Musselwhite is a pioneer of the 60s Chicago blues scene. New England blues trio GA-20 is celebrated for their raucous sound and dynamic live performances. GA-20 and Charlie Musselwhite join forces for an electrifying blues collaboration, culminating in their new album "Blues Now!"
Grammy-winning harmonica virtuoso Charlie Musselwhite is a pioneer of the 60s Chicago blues scene. New England blues trio GA-20 is celebrated for their raucous sound and dynamic live performances. GA-20 and Charlie Musselwhite join forces for an electrifying blues collaboration, culminating in their new album "Blues Now!"
Anthropic claims its artificial intelligence models went rogue during testing and hacked into three other companies. Less than two weeks ago, OpenAI reported a similar incident for one of its models. Stephen Witt, author of "The Thinking Machine," joins to unpack the situation.
The U.S. government is investigating whether Iran is behind a cyberattack on water systems in seven states. In Minnesota alone, more than 30 community water systems were impacted. CBS News homeland security correspondent Nicole Sganga has the details.
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.
The families of four children who died by suicide allege that using social media led to depression, anxiety and other mental health problems.
Investigators are examining whether Iran was involved with a series of cyberattacks on water systems in Minnesota and other states. Nicole Sganga reports.
The footage is believed to be only the fourth complete humpback whale birth ever recorded on film anywhere in the world and the first-ever captured by drone.
A photographer operating a drone off the coast of Australia captured a humpback whale giving birth. It's believed to be the first time such a birth has been recorded by a drone.
Science shows us that, even though plants don't have brains, they seem to have a nervous system that responds to touch in remarkable ways. Robert Krulwich and puppeteer Barnaby Dixon explore the science of thigmomorphogenesis (the phenomenon of plants reacting to outside stimulae), a discussion that plants the seeds for a song.
Nearly 30 beluga whales were sent to aquariums across the U.S. in a multinational emergency operation after their home aquarium in Canada shuttered. Jared Ochacher reports.
Elon Musk's aerospace company, SpaceX, launched its massive Starship rocket in its first test flight since the company went public. Since achieving the largest IPO in history, SpaceX's stock has dropped drastically. Mark Strassmann takes a look.
In 1993, Jeanie Childs was found stabbed more than 60 times in her Minneapolis apartment. Bloody footprints and unknown DNA left investigators without answers until a 2015 cold-case review and public DNA database finally pointed to a suspect.
Last year, "CBS Saturday Morning" spoke with ticket reselling company Elite Events and Tickets about its methodology and practices. Now, the Federal Trade Commission is fining the company, saying it violated the Better Online Ticket Sales Act. Elite Events and Tickets neither admitted to nor denied the FTC's allegations.
It has been six months since Nancy Guthrie, the mother of "Today Show" co-host Savannah Guthrie, vanished from her Arizona home. Investigators have now released two ransom notes with "distinctive linguistic characteristics" and are asking for the public's help in identifying their writer.
Savannah Guthrie said she and her family have been "in agony and despair ever since" her mother Nancy's disappearance in February.
For the first time, the Pima County Sheriff's Office released a pair of emails allegedly sent by Nancy Guthrie's kidnapper, who said she had died shortly after she had been abducted. Tom Hanson reports.
The Soyuz MS-28 landing in Kazakhstan brought a 241-day stay in space to a successful conclusion.
An upgraded version of the world's most powerful rocket is key to landing NASA astronauts on the moon in the agency's Artemis program.
When scientists examined the preserved fragments of a meteorite that crashed in 2024, they found brine-like fluids and key molecules.
The new crew will replace three other Soyuz fliers wrapping up a 240-day stay aboard the International Space Station.
The sugar, called erythrulose, lurks in what's called the interstellar medium: thin clouds of gas and dust littered between stars.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Summer is the time to enjoy live music, indoors and out. Scroll through our gallery of some of 2026's leading musical acts, featuring images by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
Sylvie Cachay was found dead in an overflowing bathtub at the exclusive Soho House in New York City on Dec. 9, 2010. A water leak at the hotel gave away a timeline that may have revealed her killer.
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
An Oscar winner's son, a fashion designer girlfriend -- one is dead. Was it murder? "48 Hours" correspondent Troy Roberts investigates.
A woman is murdered in her home and the pivotal clue at the crime is a bloody footprint her killer left behind. "48 Hours" correspondent Erin Moriarty reports.
Ian Lee traces this summer's cross-country journey of the world's largest locomotive, known as Big Boy.
Even though France's biggest wildfire crisis since 1949 has been contained, many of the blazes are still burning. Ramy Inocencio reports from France.
FIFA President Gianni Infantino announced Friday that he is canceling a proposal that would have seen the world soccer governing body sell private shares in the World Cup. His reversal came after the plan drew heavy criticism from member nations.