Iran war has cost Americans $1,000 per household, economist estimates
The Iran war has significantly driven up the cost of fuel, airfare and other U.S. goods, according to Moody's Analytics chief economist Mark Zandi.
Gas Prices
Fireworks sales soar ahead of Fourth of July
Backyard fireworks sales in the U.S. have skyrocketed this year. Meanwhile, gas and ground beef prices remain high.
Trump calls for probe into gas price gouging
President Trump is calling on the Department of Justice to investigate what he calls gas price gouging at the pump. Patrick De Haan, head of petroleum analysis at GasBuddy, joins CBS News to discuss.
Trump to ask Congress to make 15% ethanol-gas blend permanent
E15 is usually only available part of the year to help ease high gas prices under a waiver from the EPA.
U.S. to temporarily lift Iran oil sanctions
The U.S. Treasury Department issued a two-month license for Iran to produce, sell and deliver oil without placing U.S. penalties on buyers. The agreement is in exchange for what the White House called progress in negotiations. Weijia Jiang reports.
Americans concerned about costs of Iran war
With gas prices still higher than last year and inflation stretching household budgets thin, many Americans are facing high financial stress. A recent CBS News poll shows that most Americans think the Iran war is not worth its cost. Political strategists Harrison Fields and Jonae Wartel discuss.
Energy analysts weigh in on gas prices
On "Face the Nation with Margaret Brennan," energy analyst Kevin Book says it could take "a while" for gas prices to return to pre-Iran war levels, pointing to uncertainty and depleted oil reserves. And Biden-era adviser Amos Hochstein discusses how the U.S.-Iran deal could impact Iranian oil revenue.
Poll finds Americans want Iran war ended, but few say U.S. got better of agreement
Most suspect Iran nuclear program not stopped and think conflict wasn't worth the costs.
Despite dip in gas prices, many still struggling
U.S. drivers are feeling less pain at the pump than in recent months. But for many, it's tough to feel a change. Max Darrow has more.
Gas prices fall below $4 a gallon for the first time in nearly 3 months
The national average for a gallon of regular gas in the U.S. drops to $3.99, the lowest since March 30.
Oil prices drop for first time in months
Gas prices have dropped in reaction to President Trump signing a memorandum of understanding with Iran -- but they're still a dollar higher than they were before the war, according to AAA data. CBS News business analyst Jill Schlesinger explains how markets are reacting to global relations.
When will gas return to pre-Iran war prices?
Oil prices are falling as the end of the war with Iran seems in sight. Arjun Murti, partner at the energy firm Veriten and the author of the Substack newsletter "Super-Spiked," joins to break down when you can expect the pain at the pump to ease.
Preliminary U.S.-Iran deal still not public
While the U.S. and Iran have signed a preliminary deal to end the war, details remain scarce as the full text has yet to be released. CBS News' Nancy Cordes reports. Then, experts Aaron David Miller and Aaron MacLean join with analysis.
How soon will gas prices to go down?
Oil prices slid and stock markets rose on Monday after President Trump's announcement that the U.S. and Iran reached a deal. CBS News contributor Javier David has more.
Cohn: Prices will not fall "overnight"
Gary Cohn, IBM vice chairman and the head of the National Economic Council in President Trump's first term, told "Face the Nation with Margaret Brennan" that prices are "not going to fall like a rock overnight" if a truce between the U.S. and Iran is signed because "we're going to have to see exactly what happens with the Strait" of Hormuz.
What May inflation signals about state of economy
Inflation in the U.S. accelerated in May to its highest level in more than three years. CBS News' Kelly O'Grady breaks down the numbers.
Why consumer prices jumped in May
U.S. consumers paid higher prices once again in May, with inflation at its highest level in over three years. According to the latest report from the Bureau of Labor Statistics, consumer prices accelerated at an annual rate of 4.2%. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Trump says "I love the inflation" because U.S. is "taking out" Iranian oil
President Trump said the U.S. has taken out "millions" of barrels of Iranian oil in the dead of night, and said inflation will come down when the war ends.
Pence calls for more "traditional" GOP
Former Vice President Mike Pence is again warning Republicans over what he calls "populism" taking over the party. On CBS Mornings, he urged a return to "traditional" conservative ideals. Political strategists Jessica Anderson and Ameshia Cross join with analysis.
New data shows Americans are saving less
New government data shows Americans are saving less as the U.S. grapples with inflation and higher costs linked to the Iran war. Kristin Myers, ETF editor-in-chief for Asset TV, joins with more.
Severe storms impact Memorial Day
Millions of Americans traveled for Memorial Day weekend, facing high fuel prices. Some also encountered severe weather. Skyler Henry reports.
High gas prices, storms hamper Memorial Day
Millions of drivers hit the road for a record-breaking Memorial Day travel weekend despite high gas prices. Meanwhile, three days of relentless rain in the northeast U.S. hampered travel plans. Skyler Henry has more.
Memorial Day travel weekend update
CBS News' Skyler Henry breaks down the travel rush at the Hartsfield-Jackson Atlanta International Airport, where thousands of Americans navigate a busy Memorial Day travel weekend.
How Americans are handling a gas price spike
Gas prices are the highest since 2022, shifting how some Americans are choosing to spend their money. Kris Van Cleave reports.
Memorial Day travel not slowed by high prices
Nearly 40 million Americans are expected on the roads for Memorial Day weekend, AAA estimates, despite the highest gas prices in four years.
Hegseth to announce 20% cut to generals and admirals
Trump and major AI executives sign "morally binding" voluntary controls
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Transcript shows campus police interview with Jane Doe in Cornell rape case
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Iran says it is considering U.S. counterproposal to 7-day ceasefire plan
Flight to Israel diverts to Saudi Arabia after violent cockpit altercation
U.S. military declares end of anti-ISIS Operation Inherent Resolve in Iraq
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Sen. Josh Hawley introduces bill aimed at stopping abuse of Flock cameras
Treasury to auto-enroll up to 60 million children in Trump Accounts
