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The White House is signaling that it may temporarily suspend the federal gas tax until the end of the year to help American drivers dealing with inflation at the pump. CBS News MoneyWatch reporter Irina Ivanova joins "CBS News Mornings" to discuss the gas tax holiday.
A group of Senate Democrats proposes suspending the federal gas tax through the end of the year.
Republicans on the Senate Banking Committee skipped Tuesday's meeting, denying Democrats the quorum needed to advance Biden nominees.
The cost of producing food, energy and many other goods has surged nearly 10% from a year ago, new data shows.
Financial markets dropped after this morning's Consumer Price Index report indicated a larger-than-expected rise in inflation. Steve Odland, CEO of The Conference Board and former CEO of Office Depot and AutoZone, joins CBS News' Tanya Rivero and Nikki Battiste to discuss inflation rates as well as the results of The Conference Board's latest survey of CEO confidence.
Mary Daly, the president and CEO of the Federal Reserve Bank of San Francisco, says "the most important thing is to be measured in our pace and, importantly, data dependent" when it comes to increasing interest rates to fight inflation.
On trend with general inflation, rising prices of entertainment streaming services have now burned those who ditched cable hoping to save money. Lilia Luciano has more.
Inflation soared to its highest level in 40 years, according to the Labor Department, as prices rose by 7.5% compared to one year ago. The surge was driven in part by an increase in gas prices. Nancy Cordes has the latest.
President Biden is confronting a major economic challenge as inflation continues to rise. Meanwhile, the White House is looking to reallocate Afghan funds to help people in Afghanistan and 9/11 victims. CBS News senior White House and political correspondent Ed O'Keefe breaks down the latest news out of Washington.
The Consumer Price Index climbed 0.6% in January, meaning the average cost of goods is up 7.5% since the same time last year. Meantime, first-time jobless claims fell for a third straight week. CBS News senior White House and political correspondent Ed O'Keefe has more on how the Biden administration is handling the latest economic news.
Certain cities are getting more expensive to live in as inflation rises. Americans are spending big this Valentine's Day. And CBS MoneyWatch reporter Megan Cerullo joins "CBS News Mornings" to explain why 2022 weddings are costing couples more money.
Missed the second half of the show? The latest on governors lifting their states' COVID-19 mask mandates, the January 6 Committee and the Fed's battle with inflation.
Restaurant chain is paying more for beef, avocados and freight — and passing those costs on to consumers.
Consumer prices have surged 7.5% over the last year as higher fuel, food and shelter costs put the squeeze on consumers.
Consumer prices are rising at their fastest clip in decades, but a handful of products have gotten less expensive.
Inflation and supply-chain problems are making it more expensive to show your love this year.
Prices at fast-food restaurants jumped 8% last year. But corporate profits are also getting a bump through higher menu charges.
Hunger-relief groups also are paying more for milk, eggs and other staples needed by families who can't afford them.
Consumer prices and employer costs are rising at their fastest pace in decades, as Fed moves to douse inflation.
Americans will soon face a double whammy: high inflation combined with pricier loans and credit card debt.
Federal Reserve Chairman Jerome Powell said decisions on how often and by how much the rate increases this year have not been made.
Markets tumbled in early trade amid mounting concerns about rising U.S. inflation and conflict between Russia and Ukraine.
President Trump said earlier Thursday he called off new military strikes on Iran, hours after threatening to escalate the war.
A photographer from the Reuters news outlet saw the apparent "86 47" markings from atop the Washington Monument.
The signing of the memorandum or letter of intent would kick off 60 days of talks to negotiate details of an enduring U.S.-Iran agreement.
The Supreme Court declined a request from Alabama to move forward with a scheduled execution using nitrogen hypoxia, with Justices Clarence Thomas, Samuel Alito and Neil Gorsuch dissenting.
Timothy Hudson, 16, is accused of sexually assaulting and killing Anna Kepner, his 18-year-old stepsister, while the family was on a cruise.
The 2026 FIFA World Cup opening ceremony festivities got underway a little over an hour before the first kickoff in Mexico City's Estadio Azteca.
Severe storms that swept through the Midwest late Thursday knocked out power to hundreds of thousands of customers, damaged buildings and canceled flights.
Jay Clayton is currently the U.S. Attorney for the Southern District of New York.
Analysts are scrutinizing recent Chinese maritime operations near Scarborough Shoal, an uninhabited but strategically located atoll near the Philippine island of Luzon, U.S. officials said.
The board move marks a shift from a June 4 memo to staff saying email signatures, letterhead and other documents must reflect the name as "The John F. Kennedy Center for the Performing Arts" or "Kennedy Center."
Severe storms that swept through the Midwest late Thursday knocked out power to hundreds of thousands of customers, damaged buildings and canceled flights.
Tom Mueller, Elon Musk's first hire at SpaceX, expects the company's IPO to help power a new era in space exploration.
Residents packed a public hearing in Nashville, Tennessee, on Thursday, looking to stop a nearly 70,000-square-foot data center from being built near the Nashville Zoo.
A mother has filed a lawsuit against OpenAI, alleging the chatbot's design led to her daughter's suicide.
Tom Mueller, Elon Musk's first hire at SpaceX, expects the company's IPO to help power a new era in space exploration.
Although the five-week soccer tournament starting on Thursday is the largest sporting event ever, the U.S. economic gains are likely to be muted.
A surge in the Producer Price Index signals that businesses are paying more for goods and services, which could push up consumer costs.
GoPro cameras have enabled the adventurous to record images of their experiences for nearly 25 years. But the company is under extreme pressure from intensifying competition, rising costs and more.
According to a recent survey, 71% of U.S. public school teachers said they work at least one second job.
The board move marks a shift from a June 4 memo to staff saying email signatures, letterhead and other documents must reflect the name as "The John F. Kennedy Center for the Performing Arts" or "Kennedy Center."
The signing of the memorandum or letter of intent would kick off 60 days of talks to negotiate details of an enduring U.S.-Iran agreement.
The Supreme Court declined a request from Alabama to move forward with a scheduled execution using nitrogen hypoxia, with Justices Clarence Thomas, Samuel Alito and Neil Gorsuch dissenting.
A photographer from the Reuters news outlet saw the apparent "86 47" markings from atop the Washington Monument.
Jay Clayton is currently the U.S. Attorney for the Southern District of New York.
The FDA approved a new ingredient for sunscreen that's been in use in Europe for years. Dr. Jon LaPook has more details.
A sunscreen ingredient that's been available in Europe, Japan and South Korea for years has finally been approved by the FDA for sale in the U.S.
There's a new safety concern about doctors prescribing one experimental weight loss treatment, retatrutide, that hasn't even been FDA approved yet. Adam Yamaguchi reports.
Doctors are jumping the gun to prescribe a medication lacking FDA approval that has gone viral on social media. "Why are we waiting?" one physician asked.
Approved 20 years ago as a diabetes treatment, GLP-1 drugs have been found to help patients reduce weight, changing the lives of more than 30 million people in the U.S. But there also have been troubling side effects reported.
Thailand's Princess Bajrakitiyabha Mahidol, a lawyer and the eldest of the king's seven children, has died at 47 after three years in a hospital, royal officials said. She was an advocate for women's rights.
The signing of the memorandum or letter of intent would kick off 60 days of talks to negotiate details of an enduring U.S.-Iran agreement.
The 2026 FIFA World Cup opening ceremony festivities got underway a little over an hour before the first kickoff in Mexico City's Estadio Azteca.
Analysts are scrutinizing recent Chinese maritime operations near Scarborough Shoal, an uninhabited but strategically located atoll near the Philippine island of Luzon, U.S. officials said.
Four police officers were injured, including one who was taken to the hospital, authorities said.
KISS' Paul Stanley says it's an honor to be inducted into the Songwriters Hall of Fame along with his band member Gene Simmons. "This is what the American dream is about," Simmons tells "CBS Mornings."
With matches being played in 11 cities across the U.S., Mexico and Canada, fans are getting three World Cup opening ceremonies.
Musician G Flip first rose to fame in Australia but has become a global star since their song "Bed of Fire" appeared in the series "Off Campus." They speak to "CBS Mornings" about how the song's popularity has impacted their music, family support and advice for young artists.
Amazon Books editorial director Sarah Gelman joins "CBS Mornings" to reveal Amazon's best books of the year so far and why they made the list.
Pope Leo XIV met with music superstar Bad Bunny in Spain as the pontiff continues his multi-city tour. CBS News' Chris Livesay reports.
A mother has filed a lawsuit against OpenAI, alleging the chatbot's design led to her daughter's suicide.
Many have watched recently released UFO videos, but most still think the government knows more than it is saying.
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.
Major tech players are racing to put AI on your face, literally, with smart glasses. Ziad Asghar, senior vice president and general manager of XR, Wearables and Personal AI for Qualcomm, joins CBS News to discuss.
The iPhone was introduced in 2007, the same year the U.S. birth rate started to slide. The issues could be linked, a new analysis finds.
The researchers saw many strange animals — many believed to be new to science — living off the whale carcasses.
NASA's Artemis III astronauts plan to carry out rendezvous and docking procedures with commercial moon landers being built by SpaceX and Blue Origin.
Great white sharks are classified as "critically endangered" in the Mediterranean Sea, and underwater sightings are incredibly rare.
The expected arrival of El Niño this summer could trigger another mass coral bleaching event, which would be the fifth on record, researchers said.
More than 5,300 years ago, Oetzi the Iceman was strolling through the Alps on the border of Austria and Italy when he was killed by an arrow in the back.
Timothy Hudson, 16, is accused of sexually assaulting and killing Anna Kepner, his 18-year-old stepsister, while the family was on a cruise.
The step-grandmother of Timothy Hudson, the 16-year-old stepbrother of Anna Kepner, who has been charged in her death and sexual assault, says Kepner's father and stepmother should be charged with parental neglect.
The Supreme Court declined a request from Alabama to move forward with a scheduled execution using nitrogen hypoxia, with Justices Clarence Thomas, Samuel Alito and Neil Gorsuch dissenting.
Karmelo Anthony's mother Kala Hayes told CBS News that her son "didn't mean to hurt anyone" and "was defending himself" when he stabbed another student, Austin Metcalf.
Four police officers were injured, including one who was taken to the hospital, authorities said.
NASA's Jared Isaacman says the crew was selected solely based on their experience, expertise and availability for flight assignment.
NASA's Artemis III astronauts plan to carry out rendezvous and docking procedures with commercial moon landers being built by SpaceX and Blue Origin.
Out of an abundance of caution, NASA briefly directed five of the seven crew members aboard the International Space Station to wait inside the docked SpaceX Crew Dragon "Freedom" spacecraft.
Three solar flares burst from the sun this week, raising the chances of seeing the northern lights for people across the United States.
NASA officials said the $582 million MAVEN orbiter could not be recovered after a problem on the far side of Mars late last year, and that its extraordinarily successful mission was at an end.
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.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
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.
As the war in Iran continues and prices keep rising, CBS News is following stories about everyday Americans finding new ways to cope with the increasing costs.
As artificial intelligence cements its role across more U.S. job sectors, career training experts say the technology is actually reviving the need for liberal arts skills and diminishing the need for more traditional technical skills. CBS News MoneyWatch reporter Megan Cerullo has more.
Severe weather broke out in the Midwest on Thursday, day three of a multi-day threat. More than 120 million people are in the path of potentially dangerous storms. In Des Moines, a man was killed after a tree broke apart and fell on him as storms passed through. Rob Marciano reports and has the forecast.
President Trump announced Thursday that the U.S.had reached a "settlement" with Iran that would begin talks to possibly end the war. Andrew Borene, a senior fellow at the National Security Institute and a former senior intelligence official, joins "The Daily Report" to discuss.
U.S. and Iran expected to have 60 days to reach deal upon letter of intent signing; Thune under pressure from Trump to fire Senate parliamentarian.