How Americans are handling a gas price spike
Gas prices are the highest since 2022, shifting how some Americans are choosing to spend their money. Kris Van Cleave reports.
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Gas prices are the highest since 2022, shifting how some Americans are choosing to spend their money. Kris Van Cleave reports.
There is broad commitment on the principles of a deal, a senior Trump administration official said, and the administration feels positive about where things stand.
Stew Leonard Jr., the president and CEO of the Stew Leonard's grocery chain, joins CBS News to discuss navigating inflation and its impact.
Iran says it's considering the latest U.S. peace offer, as President Trump says he's willing to wait "a couple of days" for a response.
Asked what he said to Israel's leader about a decision to hold off on new Iran strikes, Trump said Netanyahu will "do whatever I want him to do."
Home Depot, Target, Lowes and TJ Maxx all beat expectations with their first quarter earnings and revenue reported on Wednesday. Target had their strongest gains in years. CBS News senior business and tech correspondent Jo Ling Kent has more.
In response to high gas prices, 30-year-old Mali Hightower, a handyman near Atlanta, said he created a "mini car" that costs about $3 to fill up. Tony Dokoupil has the story.
U.S. motorists are likely to face even hotter gas prices as the summer driving season kicks off, according to a new analysis.
China's Xi Jinping welcomed Vladimir Putin in Beijing, touted the countries' "unyielding" ties, and took a loosely veiled jab at Trump's policies.
President Trump says he scrapped a planned attack on Iran at the request of Gulf allies as "serious negotiations" on a peace deal are underway.
President Trump had warned Sunday that "the Clock is Ticking" for Iran to accept a peace agreement.
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.
New small-business data raises concerns about the impact of certain economic conditions and global events. CBS News' Jill Schlesinger has more. (Sponsored by AT&T Business)
Iran's military says it's trained and ready for any new U.S. assault as President Trump predicted a "long talk" about the war with China's President Xi in Beijing.
Wholesale prices in the U.S. jumped 6% last month compared to a year ago, the highest annual increase in more than three years. Gas prices are driving the increase, and Americans are feeling the impact. Jo Ling Kent reports.
As the war with Iran drags on, the cost of living is rising faster than wages, putting a major squeeze on middle and working-class Americans. Kelly O'Grady reports.
Jason Allen has a closer look at how rising prices are impacting both American consumers and business owners in Dallas.
CPI gas price index has surged 28% from a year ago, while overall energy costs are up nearly 18%, new inflation data shows.
President Trump told CBS News' Nancy Cordes that he intends to suspend the federal gas tax amid higher prices.
President Trump told CBS News' Nancy Cordes that he is weighing pausing the federal gas tax, but the temporary relief may not be enough for Americans affected by higher pump prices amid the Iran war.
President Trump is expected to encourage China to pressure Iran to make a deal to end the war when he visits Beijing this week and meets with President Xi Jinping.
Suspending the federal gas tax would have a modest impact on fuel prices, while also requiring congressional approval.
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.
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.
As President Trump again voiced optimism that Iran will "make a deal" to end the war, Tehran declared itself the regulator of Strait of Hormuz shipping.