Stocks jump as Iran says Strait is open
With word of the Strait of Hormuz reopening, the stock market soared on Friday. Oil prices dropped about 10%, and as a result, gas prices ticked downward. Kelly O'Grady breaks it all down.
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With word of the Strait of Hormuz reopening, the stock market soared on Friday. Oil prices dropped about 10%, and as a result, gas prices ticked downward. Kelly O'Grady breaks it all down.
Imtiaz Tyab is the first American network news correspondent to get a look inside the Strait of Hormuz during the Iran war.
President Trump headlined a rally for Turning Point USA with Erika Kirk in Phoenix on Friday. His goal is to fire up Republican voters ahead of the midterm elections. Caitlin Huey-Burns has more details.
Iran said it has opened the Strait of Hormuz and President Trump said the regime is very close to making a deal. He told CBS News' Weijia Jiang that Iran had agreed to virtually everything the U.S. pushed for when the war started. CBS News' Imtiaz Tyab and Eleanor Watson report.
Rising jet fuel prices are forcing airlines to cut routes and trim schedules.
President Trump told CBS News on Friday that Iran has "agreed to everything," including the removal of enriched uranium, but a Tehran spokesperson later denied the claim. CBS News' Eleanor Watson and Aaron MacLean have the latest.
Iran reopens Strait of Hormuz with U.S. blockade still in effect; Congress passes temporary extension of surveillance law FISA.
The announcements from President Trump and Iran that the Strait of Hormuz is open sent oil prices plunging and stocks soaring on Friday. CBS News MoneyWatch correspondent Kelly O'Grady has more.
President Trump spoke with CBS News Friday in a new telephone interview.
The Trump administration is considering a renewed diplomatic push that could send officials back to Pakistan within days, sources said.
CBS News senior foreign correspondent Imtiaz Tyab took a boat into the Strait of Hormuz after weeks of planning. Here's what he and his team saw.
President Trump posted on social media claims that the Strait of Hormuz will be "completely open." CBS News' Natalie Brand reports.
Americans are grappling with rising prices that are already being driven by inflation. This comes as the war in Iran continues to affect oil and gas costs. CBS News' Lana Zak reports.
Iran's Foreign Minister Abbas Araghchi and President Trump have declared that the Strait of Hormuz is "completely open." CBS News' Charlie D'Agata and Olivia Rinaldi report.
Jet fuel prices have nearly doubled as the Middle East conflict continues. CBS News' Kris Van Cleave reports.
Traffic at the Strait of Hormuz continues to be hindered by Iran and the U.S. blockade of Iranian ports. Ami Daniel, the co-founder and CEO of Windward, joins CBS News with more details.
The technology would enhance Iran's ability to detect and track incoming threats, like low-flying drones and cruise missiles.
China is playing a significant role in talks between the U.S. and Iran to end the conflict in the Middle East. CBS News' Anna Coren reports.
President Trump is putting pressure on Iran as the ceasefire with the U.S. nears its end. CBS News' Olivia Rinaldi reports.
The leaders of Lebanon and Israel agreed to start a 10-day truce at 5 p.m. Eastern Time Thursday.
Lindsey Reiser anchors a special CBS News 24/7 report on the blockade against Iranian ports, the effective closure of the Strait of Hormuz and the current state of the war with Iran.
CBS News' Lana Zak spoke with some Americans about their thoughts on the conflict with Iran and its impact on the economy.
President Trump has repeatedly claimed that the war with Iran is "almost over." He has also stated multiple times that the U.S. is close to accomplishing "all of its goals" in Iran. CBS News' Robert Costa reports and Michael Doran, director of the Center for Peace and Security in the Middle East at the Hudson Institute, have more.
Earlier this week, President Trump turned his criticism toward an unlikely subject- Pope Leo. Michael O'Loughlin, the executive editor of the National Catholic Reporter, joins "The Daily Report."
Israel has been fighting the Iranian regime and its proxy Hezbollah in Lebanon across the border. That local ceasefire between Israel and Lebanon could affect U.S. efforts to come to a broader regional agreement with Iran. Charlie D'Agata reports.
Taylor Swift and Travis Kelce were married as they celebrated their wedding with hundreds of guests Friday at Madison Square Garden in New York City.
The flag-draped casket of Ayatollah Ali Khamenei was put on display in Tehran with millions expected to attend his dayslong funeral.
The president kicked off the 250th anniversary of July 4th with a patriotic speech at Mount Rushmore where he warned of a resurgence in communism.
CBS News previously reported President Trump was weighing pardons of a slate of people convicted of emissions and clean air-related violations.
What are the essential American songs? To mark the nation's 250th birthday, we asked that question to Sunday Morning's familiar faces, from performers to artists and writers to community leaders.
CBS will host a primetime special celebrating America's 250th birthday on Saturday, July 4, with exclusive performances and the largest fireworks show in history.
Extremely dangerous heat, coupled with humidity, could result in heat index readings of 100 to 115 degrees from the Midwest to the East Coast, forecasters said.
The Fourth of July celebrations in Washington, D.C., are deemed a "national special security event," which is the highest possible designation.
Three children died on Geneva Lake in Wisconsin after a boat capsized during a severe storm Friday, Lake Geneva police said.
Americans are celebrating 250 years of independence this Fourth of July with events including the largest fireworks display in history.
These six presidential speeches are some that have most reverberated through the ages, and whose impacts are still felt today.
The president kicked off the 250th anniversary of July 4th with a patriotic speech at Mount Rushmore where he warned of a resurgence in communism.
When the sun goes down on Independence Day, the skies of Washington, D.C., are expected to fill with a record-setting 850,000 individual fireworks for a 40-minute spectacle like no one has seen before.
Rishi Sharma started his journey 10 years ago by driving around his Southern California neighborhood to record interviews with veterans and later expanded his outreach.
Federal safety regulators are urging consumers to stop using the recalled fireworks and return them for a full refund.
As Americans endure another bout of extreme heat, experts say small thermostat adjustments and other energy-saving steps can help reduce soaring cooling costs.
A year after President Trump signed the sweeping tax and spending package, its effects on households, businesses and federal programs are increasingly evident.
Antitrust regulators suggested that state attorneys general could assist in investigating unlawful conduct by companies.
Major retail stores will be open on Friday, although some may have modified hours on Saturday, July 4.
These six presidential speeches are some that have most reverberated through the ages, and whose impacts are still felt today.
The president kicked off the 250th anniversary of July 4th with a patriotic speech at Mount Rushmore where he warned of a resurgence in communism.
CBS News previously reported President Trump was weighing pardons of a slate of people convicted of emissions and clean air-related violations.
The gift comes months after Belgium's diamond industry won the removal of U.S. tariffs on diamond imports.
The Fourth of July celebrations in Washington, D.C., are deemed a "national special security event," which is the highest possible designation.
The CDC is reporting the highest rate of emergency room visits from tick bites since 2017 in many parts of the U.S.
It isn't approved by the FDA, but we found an experimental weight-loss drug called retatrutide for sale at a local convenience store.
Actor Danny Glover spoke about his Alzheimer's diagnosis in an interview with NBC's "Today" show, revealing that he has been living with the disease for several years.
Starting Wednesday, Medicare will help pay for some GLP-1 medications for weight loss. CBS News medical correspondent Dr. Celine Gounder explains what this means for patients.
From screwworm to flesh-eating bacteria, mounting public health risks are emerging in the wake of deep cuts to federal health agencies and programs.
The gift comes months after Belgium's diamond industry won the removal of U.S. tariffs on diamond imports.
Prince William will appear on the podcast hosted by Jason and Travis Kelce just hours before Travis Kelce and Taylor Swift's anticipated wedding.
The mayor of Venice says the city is seeking government approval to introduce a form of dynamic pricing to deal with tourism costs.
The suspect was initially identified as a heavily built person appearing to be male, but Interpol now says it is looking for a 39-year-old Ukrainian woman.
A speeding bus plunged from a highway into a rocky ravine in Pakistan, killing 40 people and injuring eight others in one of the deadliest road accidents in recent years, officials said.
The Empire State Building lit up in blue for Taylor Swift and Travis Kelce's wedding Friday night.
Taylor Swift and Travis Kelce are officially married, according to Swift's publicist. Jo Ling Kent reports.
New York has been waiting for Taylor Swift, as the pop icon may be preparing to marry NFL star Travis Kelce at Madison Square Garden on Friday night. Carlos Greer, a senior reporter at Page Six, joins CBS News to discuss.
Taylor Swift fans are awaiting news on her highly anticipated wedding to football player Travis Kelce. CBS News' Jo Ling Kent reports from New York City.
Prince William will appear on the podcast hosted by Jason and Travis Kelce just hours before Travis Kelce and Taylor Swift's anticipated wedding.
The Trump administration has lifted export restrictions on Anthropic's most advanced artificial intelligence models, Fable and Mythos, after weeks of negotiations over national security concerns. CNET Editor-in-Chief David Katzmaier joins to discuss.
Tech giant Anthropic says that the federal government has now removed restrictions from its robust Claude Fable 5 and Mythos 5 models. Axios reporter Madison Mills has more on artificial intelligence regulation.
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.
After January 2028, new games will be available exclusively in digital format from the PlayStation Store and at retailers, Sony said.
Sen. Mark Warner wants to create a federal registry of trusted AI agents and ensure autonomous bots operate like fiduciaries.
From the lightbulb to the airplane, to medical breakthroughs and the internet age, the past 250 years have been defined by America's intrepid intellect.
The White House appointed former Harvard University astronomer Avi Loeb to lead its new panel on Unidentified Anomalous Phenomena, also known as UAPs and UFOs. Loeb shares his enthusiasm for his new role.
From space to healthcare and artificial intelligence, what could the next 250 years of the United States look like?
NASA is in a race against time as the Swift Observatory telescope in orbit sinks closer to Earth. CBS News consultant William Harwood explains the $30 million salvage operation.
Dinosaur fossils are rare to find in Antarctica because of the unforgiving ice caps. But millions of years ago, the region was populated by lush forests.
The four presidents carved into Mount Rushmore collectively issued over 1,100 pardons. President Trump, who is visiting there tonight, has outdone them all and is now adding more. Nancy Cordes reports.
President Trump is considering pardons for a group of people convicted of emissions and clean-air-related violations and has discussed potential clemency for Sean "Diddy" Combs, according to sources familiar with his plans. CBS News' Nikole Killion reports.
President Trump is considering pardons for a slew of individuals, including potential clemency for disgraced music mogul Sean "Diddy" Combs and some offenders with pollution-related convictions, sources say. CBS News' Olivia Rinaldi reports.
U.S. Olympian David Hearn is facing a felony charge after being accused of vandalizing the Lincoln Memorial Reflecting Pool. CBS News senior Justice Department reporter Sarah Lynch has the details.
Former U.S. Olympian David Hearn was indicted on Thursday on a felony charge for allegedly tearing up roughly two feet of the Lincoln Memorial Reflecting Pool last month, amid the algae blooms and political mudslinging around the president's $16 million renovation. Nicole Sganga reports.
Katalyst Space's LINK spacecraft is designed to capture and boost NASA's Swift observatory back to a safe altitude.
The orbital surgery on the International Space Station returned the Canadian-built robot arm to full health after its "wrist" joint failed last month.
The $30 million salvage operation gets underway as soon as this week with the planned launch of a robotic lifesaver.
The featherweight pair — orbiting a star 1,110 light-years away — are the biggest exoplanets found to have less density than cotton candy.
Euclid is on a mission to chart one-third of the sky in the hopes of shedding light on the enduring mysteries of dark matter and dark energy.
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
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.
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.
High winds and heat are fueling Utah's out-of-control wildfires; Iranian drones target Bahrain after U.S. strikes Iran.
These excerpts capture some of the most impactful speeches by U.S. presidents from the 20th and 21st centuries.
Saturday's Fourth of July celebration on the National Mall is the first tagged as a "national special security event," meaning a law enforcement presence akin to a Super Bowl or an inauguration. Nicole Sganga has more.
Every Fourth of July marks the loss of more veterans of World War II. Steve Hartman met a young man who is racing against time to preserve their stories.
A company called Pyrotecnico will attempt the biggest fireworks show in history in Washington, D.C., on the Fourth of July. Tony Dokoupil gets the exclusive on how.