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The Iran war has cost the U.S. military at least $33.4 billion — most of it on munitions — and not including hundreds of millions more spent by other agencies, the Pentagon says.
The Federal Reserve raised interest rates for the first time in three years on Wednesday, a sign of concern about rising prices. Meanwhile, the cost of diesel fuel hit a new record on Wednesday, for the eighth day in a row. Nancy Cordes reports on rising prices and Kelly O'Grady has more details on the Fed's decision.
The Federal Reserve changed course and raised interest rates Wednesday for the first time since 2023. The rate hike will be an increase of 0.25 percentage points, bringing its target range to between 3.75% and 4%. Greg Robb, MarketWatch senior reporter and economics editor, joins CBS News with more.
Diesel prices hit an all-time high in the U.S. as the war in Iran drags on with no end in sight. Jason Allen reports.
Stocks stayed in the red on Tuesday ahead of the Federal Reserve's interest rate decision on Wednesday. CBS News contributor Javier David has a preview of the meeting.
Car ownership costs have soared 50% since 2020, according to new economic data. Here's where motorists are getting dinged.
Millions of homeowners will face higher heating costs this winter because of surging global oil prices, according to a new forecast.
Gas prices are running about 15 cents per gallon more than they were just a week ago, and diesel fuel for trucks is now at an all-time high, topping $6 a gallon. The war with Iran is the biggest factor, but President Trump is instead blaming Ukraine. Ed O'Keefe has more details.
The East-West pipeline in Saudi Arabia remains shut after a drone attack last week, a major hit to the supply of oil flowing out of the country. Saudi Arabia blamed the attack on Iranian-backed militias in Iraq. Threadneedle founder Ann Berry joins to discuss.
An attack on a Saudi Arabian pipeline and a simmering war between the Saudis and Iran's Houthi allies in Yemen are pushing oil prices up.
The Iran-backed Houthis expanded their control over the strategy Bab-el-Mandeb strait, as strikes continued in the Strait of Hormuz.
Americans are feeling the squeeze from skyrocketing fuel prices, with gas rising 16 cents from a week ago to a nationwide average of $4.31 per gallon. Concerns about oil prices followed President Trump during his trip to Ireland this weekend. Nancy Cordes has more details.
The USS George Washington was deployed to New York after the 9/11 attacks. Now, the aircraft carrier is headed to the Middle East to support President Trump's war against Iran. Tom Hanson is on board with a new report.
The price of diesel has soared more than 60% over the last year, a surge energy experts say is likely to continue. Here's why.
Investors believe the Fed will raise borrowing costs as it works to tame inflation, which has risen a full percentage point since the Iran war started.
U.S. jets were hit by Iranian missiles while parked at a base in Jordan, sources tell CBS News, while Trump said the war will end "immediately" after midterms.
Oil prices are up as the war in Iran intensifies. President Trump promised lower gas prices for Americans after the midterm elections. CBS News' Olivia Rinaldi reports.
The U.S. and Iran are again trading strikes, causing a rapid rise in oil prices. CBS News' Ramy Inocencio has the latest details.
Oil prices are up to over $100 a barrel as the war in Iran heats up and tensions simmer over Ukraine. The Wall Street Journal reporter David Uberti has more context.
Fresh attacks between the U.S. and Iran are driving oil prices up. CBS News' Ramy Inocencio reports.
Oil prices are rising steadily with no end in sight to the U.S.-Iran standoff impeding tanker traffic in the Strait of Hormuz.
Higher gas and diesel prices have cost Americans an additional $100 billion since the Iran war began, according to a Brown University tracker.
Oil prices are spiking again as tensions rise in the Middle East and the war in Iran rages on. CBS News' Kelly O'Grady has more.
The Iran war continues as the midterm general election approaches and as President Trump downplays the conflict. Retired Vice Admiral Robert B. Murrett weighs in.
Iran on Sunday threatened a "more painful" response to U.S. strikes on three Iranian oil tankers.
The bill was championed by GOP Sen. Lindsey Graham, who died suddenly just one day after announcing a deal had been reached with the White House.
The images were sent to CBS News by active service members under condition of anonymity.
This Sunday on 60 Minutes, Patrick Clancy talks about his grief, his memories of his children, and the baseless conspiracy theories that flooded social media since his ex-wife's murder trial.
The Iran war has cost the U.S. military at least $33.4 billion — most of it on munitions — and not including hundreds of millions more spent by other agencies, the Pentagon says.
The Fed increased its benchmark rate by 0.25 percentage points to battle resurgent inflation driven by surging energy prices.
The family of 37-year-old Tierra Walker filed a lawsuit against Texas Attorney General Ken Paxton and others, saying she was denied an abortion that could have saved her life.
The vote comes as lawmakers face increasing pressure to respond to the data center boom driven by the AI race.
Selling retatrutide commercially is prohibited by federal law. Yet, companies have promoted the drug on social media, thanks in part to being certified by LegitScript.
In the latest episode of "Healthful," Olympic gold medalist Aly Raisman discusses what she's learned about speaking up for herself and taking care of her body.
The wildfire, which has torn through Palo Pinto and Jack counties, forced evacuations, closed roads and disrupted schools.
Inside the home, owned by Eugene Horsch and connected to his father, R.C. Horsch, authorities have found a trove of digital images, a so-called laboratory of chemicals and a small marijuana grow operation.
Scientists have discovered a crater on the moon that's bigger than the Roman Colosseum, the result of a powerful impact two years ago.
As part of the settlement with Microsoft, the tech giant has agreed to invest $2.4 million toward an environmental project underway in Loudoun County.
Microsoft's Mustafa Suleyman said in an essay that trying to develop AI consciousness would be "catastrophic" for humanity.
Microsoft's Mustafa Suleyman said in an essay that trying to develop AI consciousness would be "catastrophic" for humanity.
The Fed increased its benchmark rate by 0.25 percentage points to battle resurgent inflation driven by soaring energy prices.
Amazon said it is increasing its minimum pay for operations workers by $1 an hour and adding grocery discounts for all U.S. employees.
Car ownership costs have soared 50% since 2020, according to new economic data. Here's where motorists are getting dinged.
Top OpenAI executive endorses plan that would require AI companies to submit their technology to third-party reviews to assess their safety.
The bill was championed by GOP Sen. Lindsey Graham, who died suddenly just one day after announcing a deal had been reached with the White House to move forward.
U.S. Coast Guard personnel and FBI agents boarded two Texas-bound energy tankers last month after cyberattacks struck the vessels while they were traveling toward the United States, according to U.S. officials.
The vote comes as lawmakers face increasing pressure to respond to the data center boom driven by the AI race.
An Islamic State group member was sentenced to 20 years in prison for aiding the terrorist organization that took credit for a suicide bombing that killed 13 U.S. service members and about 160 Afghans at a Kabul airport.
As part of the settlement with Microsoft, the tech giant has agreed to invest $2.4 million toward an environmental project underway in Loudoun County.
In the latest episode of "Healthful," Olympic gold medalist Aly Raisman discusses what she's learned about speaking up for herself and taking care of her body.
Selling retatrutide commercially is prohibited by federal law. Yet, companies have promoted the drug on social media, thanks in part to being certified by LegitScript.
A long-running lawsuit challenging what it means to be an employee and therefore have access to work-based health plans is being closely watched by health policy analysts.
A 40-year-old woman died on Saturday from complications associated with measles, the coroner reported.
Kate Ping thought she was just stressed out. A nurse practitioner's surprising recommendation led to a shocking diagnosis.
The bill was championed by GOP Sen. Lindsey Graham, who died suddenly just one day after announcing a deal had been reached with the White House to move forward.
U.S. Coast Guard personnel and FBI agents boarded two Texas-bound energy tankers last month after cyberattacks struck the vessels while they were traveling toward the United States, according to U.S. officials.
An Islamic State group member was sentenced to 20 years in prison for aiding the terrorist organization that took credit for a suicide bombing that killed 13 U.S. service members and about 160 Afghans at a Kabul airport.
Residents of Piddington voted overwhelmingly to leave the United Kingdom in a symbolic referendum over plans to house asylum seekers nearby.
The footage shows a female humpback whale staying close to the dead calf as it lies motionless on the seafloor, touching it with its head and fin.
Ed Sheeran is facing intense public backlash after rapper Macklemore, who was set to open his upcoming tour dates, was dropped from the production over pro-Palestine comments. CBS News' Shanelle Kaul reports and Alex Suskind, news director at online music magazine Pitchfork, joins "The Daily Report" to discuss.
Judge Judy has been a staple of daytime TV for 30 years, but now televised courts are becoming a family affair with her son, Adam Levy, picking up the gavel and donning the robe for "Adam's Law." Judge Levy joins CBS News to preview the new show.
Ed Sheeran spoke out Tuesday after facing backlash for dropping Macklemore from his tour following the rapper's pro-Palestinian statements onstage. Shanelle Kaul reports.
The rapper Macklemore was bumped from Ed Sheeran's U.S. concert tour for pro-Palestinian comments that some say crossed a line into prejudice. Now, four additional supporting acts have quit in solidarity and the headliner has addressed the controversy. Carter Evans reports.
Aaron Rowe, Beoga, Lukas Graham and Finneas all released statements Tuesday on Instagram saying they were withdrawing from Ed Sheeran's tour.
The vote comes as lawmakers face increasing pressure to respond to the data center boom driven by the AI race.
Apple has announced its first foldable iPhone called the Duo. While pre-orders for the nearly-$2,000 phone are just a month away, some people got their hands on it at Apple's launch event. CNET senior technology reporter Abrar Al-Heeti was one of them and joins CBS News to discuss.
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.
House lawmakers are heading home for recess until after the midterms, leaving artificial intelligence regulation still stalled in Congress. Alabama Republican candidate for attorney general Katherine Robertson, who is currently leading a state investigation into OpenAI, joins "The Takeout" to discuss.
Microsoft's Mustafa Suleyman said in an essay that trying to develop AI consciousness would be "catastrophic" for humanity.
The footage shows a female humpback whale staying close to the dead calf as it lies motionless on the seafloor, touching it with its head and fin.
Archaeologists say they've discovered the remains of a likely ancient Egyptian warhorse given an honorific burial more than 3,000 years ago.
Artificial intelligence technology is developing at an "exponential" rate, Anthropic CEO Dario Amodei told CBS News, calling the situation a "warning sign" for the industry that requires serious safeguards.
Paleontologists have identified the first known trackway made by a full-grown Tyrannosaurus rex, and the discovery was made in the North Dakota badlands.
Ten research teams were honored at a satirical science awards ceremony that was hosted outside the U.S. for the first time due to travel concerns. A study of cockroach milk was among the winners.
Inside the home, owned by Eugene Horsch and connected to his father, R.C. Horsch, authorities have found a trove of digital images, a so-called laboratory of chemicals and a small marijuana grow operation.
Patrick Clancy spoke with 60 Minutes this week. Shanelle Kaul has a preview of the story, which airs Sunday.
The FBI and the Coast Guard are investigating a giant oil tanker on its way to Texas that may have been taken over by a cyberattack. Iranian state media claims hackers had control of the ship's propellers, raising concern that these giant vessels could be used as weapons. Nicole Sganga reports.
FBI agents are investigating two potential serial killers, a father and his son, possibly involved in the killings of at least five women. Jericka Duncan reports.
Federal authorities have confirmed that a foreign actor compromised the network of two oil tankers that were heading towards Texas in August. CBS News homeland security correspondent Nicole Sganga has the details.
Scientists have discovered a crater on the moon that's bigger than the Roman Colosseum, the result of a powerful impact two years ago.
NASA's Roman Space Telescope launched shortly after daybreak from Kennedy Space Center and blazed toward an observation point 1 million miles away.
The $4.3 billion telescope is expected to discover tens of thousands of exoplanets while probing the nature of mysterious dark matter and energy.
President Trump plans to award the Congressional Space Medal of Honor to the crew of NASA's Artemis II mission in a ceremony Aug. 28.
The mission to save NASA's sinking space telescope has been called off, dooming the telescope to a fiery reentry later this year.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Dolly Parton, the country music legend who became a feminist icon, has died at the age of 80. Here is a look back at her life in pictures.
Sylvie Cachay was found dead in an overflowing bathtub at the exclusive Soho House in New York City on Dec. 9, 2010. A water leak at the hotel gave away a timeline that may have revealed her killer.
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.
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
Patrick Clancy spoke with 60 Minutes this week. Shanelle Kaul has a preview of the story, which airs Sunday.
Ed Sheeran is facing intense public backlash after rapper Macklemore, who was set to open his upcoming tour dates, was dropped from the production over pro-Palestine comments. CBS News' Shanelle Kaul reports and Alex Suskind, news director at online music magazine Pitchfork, joins "The Daily Report" to discuss.
A new report from the Government Accountability Office shows federal agencies spent $9.5 billion on administrative leave costs in 2025, an increase spurred by the DOGE push to cut down the federal workforce. CBS News' Aaron Navarro has more.
A golden retriever got his big chance to be a guard dog, but instead of guarding, Nash tried to play with the intruder. Tony Dokoupil has the story.
Newly released video shows fire ripping through a Florida motel this weekend and first responders rushing into the danger. Cristian Benavides spoke with two of them.