The economic cost of war in Iran so far
The average price of a gallon of gas in the U.S. is up 17% since the war with Iran began. Justin Wolfers, professor of public policy and economics at the University of Michigan, joins with analysis.
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The average price of a gallon of gas in the U.S. is up 17% since the war with Iran began. Justin Wolfers, professor of public policy and economics at the University of Michigan, joins with analysis.
Oil prices have soared as the war against Iran continues on its 10th day, hitting $100 per barrel for the first time since July 2022. Kristin Myers, the ETF editor-in-chief for Asset TV, breaks down the economic impact. Salvatore R. Mercogliano, an adjunct professor at U.S. Merchant Marine Academy, breaks down where things stand with the Strait of Hormuz.
New jobs data from February shows an unexpected setback for the labor market. CBS News MoneyWatch correspondent Kelly O'Grady explains.
A weaker-than-expected February jobs report is raising new concerns about the economy. CBS News MoneyWatch correspondent Kelly O'Grady has the latest.
The war with Iran has pushed the cost of oil to $80 a barrel. Yahoo Finance senior reporter Brooke DiPalma joins CBS News to unpack the possible repercussions.
Iran's threat to set ships ablaze along the Strait of Hormuz, one of the world's busiest trade routes, is raising concerns about the implications for the global economy. Matt Smith, head U.S. analyst at the data firm Kpler, joins with analysis.
Oil prices continue to climb and U.S. stock markets remain uneasy amid the war with Iran. CBS News' Kelly O'Grady has the details.
President Trump on Tuesday said he ordered political risk insurance for the financial security of all maritime trade traveling through the Gulf. CBS News' Kelly O'Grady has more.
For the first time in history, Iranian officials say the country has closed the Strait of Hormuz following joint strikes from the U.S. and Israel. 20% of the world's oil and gas trade flows through the passage along Iran's southern border. Politico oil and gas reporter James Bikales joins to discuss the potential financial repercussions.
Misty Heggness, an economist and professor, joins "CBS Saturday Morning" to discuss her new book "Swiftynomics: How Women Mastermind and Redefine Our Economy."
During his State of the Union address on Tuesday, President Trump thanked Michael and Susan Dell for helping fund the new Trump Accounts program, which allows parents to open tax-free investment accounts for their children.
During the 2020 presidential race, Andrew Yang warned of the dangers of artificial intelligence long before it was on Washington, D.C.'s radar. He's out with a new book about his experience running for office, "Hey Yang, Where's My Thousand Bucks?", and joins "The Takeout" to discuss his views on the state of U.S. politics and AI.
"CBS Saturday Morning" dives into crucial conversations people should have with their loved ones about finances.
New data shows inflation in the U.S. cooled more than expected in January. CBS News' Natalie Brand has more.
Employers across the U.S. added 130,000 jobs in January, according to new data. CBS News contributor Javier David has more.
Just 30 seconds of highly coveted commercial airtime during the Super Bowl costs as much as $10 million, according to CBS News MoneyWatch. Bill Pearce, marketing faculty member at The University of California, Berkeley, joins to discuss some of the ads from Super Bowl LX.
"CBS Saturday Morning" dives into ways people can raise and maintain their credit score.
If Congress does not act before the end of the year, the unemployment benefits that millions of Americans receive will disappear. Ben Tracy reports on how that will affect one household in California.
The fate of Europe's financial system - and possibly the world's - hinges on Greece and its acceptance of a bailout plan, reports Mark Phillips.
The sequestration poses a threat to many government agencies with painful cuts on the table and many employees being furloughed. Chip Reid reports.
How can you get the most out of a Flex Spending Account? CBS News financial contributor Carmen Wong Ulrich speaks to the "Early Show" anchors about the best ways to use a Health Care Flexible Spending Account.
CBS News has new polling on how Americans feel about the state of economic opportunity. Executive director of elections and surveys Anthony Salvanto breaks down the findings.
Millions of Americans are facing higher utility bills after regulators approved a series of rate hikes. CBS News correspondent Ian Lee reports.
Despite reaching a record high earlier this week, the price of gold is now falling after President Trump planned to nominate Kevin Warsh as the next chair of the Federal Reserve. Sabrina Escobar, reporter covering the stock market at Barron's, joins "The Daily Report" to discuss.
The price of gold has reached an all-time high, eclipsing $5,000 per ounce. Jim Wiederhold, commodity indices product manager at Bloomberg, joins "The Takeout" to dig into why.
President Trump's assurances that a rising U.S. death toll and soaring energy prices will be temporary and worth the pain are failing to assuage jittery investors.
At a Miami-area news conference President Trump said he expects the war in Iran to end "very soon," but also called it "the beginning of building a new country."
Jurors in Manhattan federal court reached a verdict Monday after weeks of testimony in the sex trafficking trial of brothers Tal, Oren and Alon Alexander.
President Trump told CBS News the U.S. war with Iran is "very complete," and said the U.S. "could do a lot" about the Strait of Hormuz.
Secretary of State Marco Rubio formally designated Afghanistan as a state sponsor of wrongful detention, paving the way for the Trump administration to impose penalties such as sanctions and export controls.
Two men from Pennsylvania are facing federal charges for the incident. Video captured someone yelling "Allahu Akbar" just as a protester threw an "ignited device" during an anti-Islam demonstration in New York City.
A judge ruled last summer that President Trump's former lawyer Alina Habba was illegally serving as top New Jersey's federal prosecutor. On Monday, Habba's replacements were also disqualified.
The U.S. average gas price has jumped 48 cents since last week, with experts predicting that higher fuel costs could persist for months.
Secretary Pete Hegseth says it's President Trump who will set the terms of Iran's surrender, noting the U.S. is confident it will come, even as Iran's president said the U.S. demand for "unconditional surrender" is "a dream that they should take to their grave."
Jurors in Manhattan federal court reached a verdict Monday after weeks of testimony in the sex trafficking trial of brothers Tal, Oren and Alon Alexander.
At a Miami-area news conference President Trump said he expects the war in Iran to end "very soon," but also called it "the beginning of building a new country."
Food containing norovirus may smell and taste normal but still cause serious illness if consumed, FDA warns.
Rep. Kevin Kiley of California said Monday he was immediately leaving the Republican Party to become an independent.
The U.S. average gas price has jumped 48 cents since last week, with experts predicting that higher fuel costs could persist for months.
Food containing norovirus may smell and taste normal but still cause serious illness if consumed, FDA warns.
The U.S. average gas price has jumped 48 cents since last week, with experts predicting that higher fuel costs could persist for months.
Anthropic sued the Defense Department and other federal agencies on Monday over the government's move to designate it a risk to the supply chain.
After a sharp drop in early trading, stocks recovered part of those losses as oil prices fell back below $100.
Live Nation, the parent company of Ticketmaster, has reached a deal with the Department of Justice as part of a high-stakes antitrust trial.
Secretary of State Marco Rubio formally designated Afghanistan as a state sponsor of wrongful detention, paving the way for the Trump administration to impose penalties such as sanctions and export controls.
A judge ruled last summer that President Trump's former lawyer Alina Habba was illegally serving as top New Jersey's federal prosecutor. On Monday, Habba's replacements were also disqualified.
At a Miami-area news conference President Trump said he expects the war in Iran to end "very soon," but also called it "the beginning of building a new country."
President Trump told CBS News the U.S. war with Iran is "very complete," and said the U.S. "could do a lot" about the Strait of Hormuz.
Rep. Kevin Kiley of California said Monday he was immediately leaving the Republican Party to become an independent.
Food containing norovirus may smell and taste normal but still cause serious illness if consumed, FDA warns.
Dentists, hygienists, and researchers say a shortage of rural dental care professionals and worsening oral hygiene since the COVID-19 pandemic mean more kids are ending up in the emergency room for tooth decay.
The zipper head on the recalled HALO Magic Sleepsuits poses a danger to babies, according to the U.S. Consumer Product Safety Commission.
Debi Weiss thought her fatigue and weakness was a seasonal illness, but her condition quickly worsened.
In July, Prasad was briefly forced from his job, but was reinstated less than two weeks later.
Secretary of State Marco Rubio formally designated Afghanistan as a state sponsor of wrongful detention, paving the way for the Trump administration to impose penalties such as sanctions and export controls.
President Trump told CBS News the U.S. war with Iran is "very complete," and said the U.S. "could do a lot" about the Strait of Hormuz.
Former Brazil forward Hulk was among the players sent off following the violence that lasted more than a minute.
Mojtaba Khamenei was named Iran's new supreme leader following the death of his father in the U.S.-Israeli strikes.
Police in Australia warned of crocodiles "absolutely everywhere" and said they had moved more than 1,000 people across the state into shelter after massive floods.
A woman has been arrested for allegedly firing several shots Sunday at the Beverly Hills home of pop music star Rihanna. CBS News Los Angeles' Tina Patel reports.
Live Nation, the parent company of Ticketmaster, has agreed to pay $280 million in civil penalties to 40 states that sued the company on antitrust grounds. As part of the settlement, Ticketmaster must also open technology to allow other ticket sellers to use its platform to reach customers, multiple sources told CBS News. Yasmin Khorram, economic policy reporter for Politico, joined CBS News to discuss.
Matthew Fox, who starred in the hit series "Lost," talks about being part of the cast for the new Paramount+ show "The Madison." He describes how he relates to his character, why he decided to return to Hollywood and working with Kurt Russell again.
Daryl Hannah, who dated John F. Kennedy Jr. in the 1990s, criticized the series "Love Story" and its portrayal of her. The FX series is about JFK Jr. and Carolyn Bessette, focusing on their courtship and marriage, which began after Kennedy's relationship with Hannah. In The New York Times, Hannah said the portrayal of her is "not even remotely accurate."
A woman was arrested on Sunday for firing multiple shots at the Beverly Hills home of Rihanna, Los Angeles Police Department officials say.
David Pogue, an author and correspondent for "CBS Sunday Morning," talks about covering the rise of Apple over his career as the company is set to turn 50 next month, and his new book, "Apple: The First 50 Years."
Artificial intelligence can give some workers "brain fry" if overused, according to a new study published in Harvard Business Review.
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.
In this web exclusive, Tim Cook, the CEO of Apple, talks with "Sunday Morning" correspondent David Pogue (author of "Apple: The First 50 Years") to discuss the company's first half-century and its constant focus on "the next thing." He also talks about the vision of Steve Jobs, whose return to Apple in 1997 reinvigorated the company.
David Pogue, author of "Apple: The First 50 Years," talks with Apple's co-founder Steve Wozniak, CEO Tim Cook, and others about the vision of Steve Jobs, and how the company's products and services have reshaped life, technology and culture in the 21st century.
A new study in the journal Nature says most sea level rise research may have underestimated coastal water heights by an average of 1 foot.
NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
Documents might help scientists shed light on unexplained phenomena and government secrets, experts said.
A large shark was caught on camera for the first time in Antarctica's waters, surprising researchers. "There's a general rule of thumb that you don't get sharks in Antarctica," one said.
On the evening of Christmas 1776, Gen. George Washington surprised the King's forces by leading the Continental Army in a surprise crossing of a near-frozen Delaware River - a watershed military maneuver that dramatized a changing America, and a changing climate.
Jurors in Manhattan federal court reached a verdict Monday after weeks of testimony in the sex trafficking trial of brothers Tal, Oren and Alon Alexander.
A Georgia community is in mourning after a beloved teacher died during an alleged student prank gone wrong. CBS News correspondent Elaine Quijano reports.
Charges have been announced against two men after an explosive device was ignited outside New York City Mayor Zohran Mamdani's residence over the weekend. CBS News' Anna Schecter has more.
TATP, or triacetone triperoxide, was found inside undetonated explosive devices near New York City Mayor Zohran Mamdani's house, NYPD Commissioner Jessica Tisch said on Monday. She also said the incident is being investigated as "an act of ISIS-inspired terrorism." CBS News' Anna Schecter has more details.
New York City Mayor Zohran Mamdani and New York Police Department Commissioner Jessica Tisch provided updates on the explosive devices outside of the Gracie Mansion on Sunday after tensions escalated between two different protest groups. Tisch said the devices are being investigated as "an act of ISIS-inspired terrorism." CBS News senior coordinating producer Anna Schecter has more.
NASA has announced a major overhaul of its Artemis moon program amid ongoing safety concerns. CBS News space consultant Bill Harwood has more details.
NASA announced an overhaul to its Artemis moon program as safety concerns persist. CBS News space contributor Christian Davenport breaks down the key takeaways.
NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
NASA's Artemis II mission continues to face concerns and delays. Scott E. Parazynski, a former astronaut, joins CBS News with more.
NASA is rolling back the Artemis II moon rocket from its launch pad at the Kennedy Space Center in Florida. It is expected to take up to 12 hours to move the 322-foot rocket, with the journey spanning four miles back to its hangar for repairs. CBS News space consultant Bill Harwood has more.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
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Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
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.
President Trump is vowing not to sign any bills until the Senate passes the SAVE Act, which would add strict new voting requirements across the country. CBS News congressional reporter Taurean Small has more.
The average price of a gallon of gas in the U.S. is up 17% since the war with Iran began. Justin Wolfers, professor of public policy and economics at the University of Michigan, joins with analysis.
President Trump on Monday held his first news conference since the U.S. and Israel launched strikes against Iran. CBS Evening News anchor Tony Dokoupil leads a special report.
The war in Iran is now in its 10th day. CBS News' Robert Costa and Weijia Jiang both spoke with President Trump about the state of the conflict and joined "The Takeout" to describe their conversations.
When asked about the potential for U.S. troops on the ground in Iran, Defense Secretary Pete Hegseth told CBS News chief Washington correspondent Major Garrett, "You don't tell anybody what your limits would be on an operation." Former CIA officer Elliot Ackerman joins with analysis.