Americans making trade offs due to high gas prices
Gas prices are averaging around $4.50 per gallon nationally with Memorial Day weekend just days away. Kris Van Cleave reports.
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Gas prices are averaging around $4.50 per gallon nationally with Memorial Day weekend just days away. Kris Van Cleave reports.
Since 2016, President Trump has thrived on the support of non-college-educated White voters. A recent CBS News poll shows that support is lower than ever, at 46%, down from 68% in early 2025. Political strategists Zac Petkanas and Joe Borelli join with analysis.
New CBS News polling shows a large number of Americans are concerned about their finances and a growing number of people are expressing negative overall views of the U.S. economy. CBS News executive director of elections and surveys Anthony Salvanto breaks down the findings.
President Trump's approval rating has slipped to its lowest level since 2023, with more than half of Americans saying his policies are making the economy worse, a CBS News poll shows. CBS News contributor Javier David has more.
President Trump is renewing threats against Iran as he pressures the regime to reach an agreement with the U.S. This comes as new poll data shows most Americans are frustrated with the economic outlook. CBS News' Olivia Rinaldi and Anthony Salvanto report, and Mark Cancian, a senior adviser for the Center for Strategic and International Studies' Defense and Security Department, joins with more insight.
Rising gas prices are causing more Americans to ditch the car keys in favor of other forms of travel like public transportation. Tim McNicholas reports.
Taiwan, the Iran war and trade loomed over President Trump's meeting with China's Xi Jinping on Thursday. Democratic Sen. Elissa Slotkin of Michigan joins "The Takeout" to weigh in. Then, Lanhee Chen, fellow at the Hoover Institution, joins with analysis.
President Trump addressed the economic woes some Americans are feeling linked to the Iran war. This comes as concerning, new inflation data emerges. Business Insider's Allie Kelly joins with more.
Before leaving for China on Tuesday, President Trump told reporters that he doesn't think about Americans' financial situations "not even a little bit" when negotiating a deal with Iran. CBS News senior White House and political correspondent Ed O'Keefe reports.
Inflation is now at its highest level in nearly three years, in large part due to skyrocketing energy costs from the Iran war. Arjun Murti, partner at the energy sector firm Veriten and author of the energy-focused Substack newsletter "Super-Spiked," joins with analysis.
CPI gas price index has surged 28% from a year ago, while overall energy costs are up nearly 18%, new inflation data shows.
Moments before President Trump left for his trip to Beijing on Tuesday, he took questions from reporters on the Iran war, inflation, and more. Following Mr. Trump's comments, CBS News' Olivia Rinaldi, Kelly O'Grady and Sam Vinograd provided context.
New inflation data shows a concerning trend in April as the Iran war impacts Americans' wallets. CBS News' Kelly O'Grady reports.
President Trump told CBS News' Nancy Cordes that he intends to suspend the federal gas tax amid higher prices.
President Trump told CBS News exclusively on Monday that he wants to suspend the federal gas tax to give Americans some relief at the pump as the war with Iran continues. CBS News senior White House and political correspondent Ed O'Keefe has more.
President Trump made the comments in a phone interview with CBS News chief White House correspondent Nancy Cordes.
President Trump told CBS News' Nancy Cordes that he wants to temporarily lift the federal gas tax as prices continue to rise amid the ongoing war with Iran. Mr. Trump also said the latest response from Iran to end the war was "a bad proposal ... done by people that have no clue as to the danger they're in."
President Trump told CBS News on Monday that he wants to suspend the federal fuel tax as the war with Iran continues to send gas prices skyrocketing. CBS News business contributor Javier David joins with analysis.
CBS News chief Washington correspondent Major Garrett asked Israeli Prime Minister Benjamin Netanyahu about The New York Times reporting that, in pre-war conversations with President Trump, Netanyahu and his team asserted that Iran would not choke off the Strait of Hormuz. CBS News chief White House correspondent Nancy Cordes joins with Mr. Trump's response.
President Trump says ceasefire with Iran "on life support"; Americans exposed to hantavirus return to quarantine in the U.S.
Despite the ongoing war in Iran and high gas prices, stocks started trading higher on Monday. The S&P 500 and Nasdaq both hit record highs, bolstered by the tech sector. Yahoo Finance senior reporter Brooke DiPalma joins with analysis.
President Trump told CBS News' Nancy Cordes in a phone interview that he aims to suspend the federal gas tax amid surging gas prices.
Memorial Day travel is expected to set another record this year despite surging prices for gas and flights. AAA anticipates 45 million Americans to travel at least 50 miles from home. Kris Van Cleave reports.
This week on "Face the Nation with Margaret Brennan," amid the fragile ceasefire with Iran, Energy Secretary Chris Wright and Democratic Sen. Mark Kelly join. Plus Democratic Rep. Ted Lieu discusses whether his party can take control of the House in November and former FDA Commissioner Scott Gottlieb has the latest on the hantavirus outbreak.
Ramped-up diesel prices are sparking cost concerns for businesses like Peachtree Movers in Georgia.