California issuing gas tax rebates
California is issuing gas tax rebates to millions of residents to help offset high prices at the pump. CBS News correspondent Jonathan Vigliotti joins Errol Barnett and Lana Zak from Los Angeles with details.
California is issuing gas tax rebates to millions of residents to help offset high prices at the pump. CBS News correspondent Jonathan Vigliotti joins Errol Barnett and Lana Zak from Los Angeles with details.
Prices of gas are expected to increase in the United States and around the world after the international oil cartel OPEC+ announced its plan to cut production quotas by 2 million barrels a day starting next month. The U.S. accuses OPEC of doing this, in part, to help Russia amid its conflict with Ukraine. Errol Barnett reports.
The Organization of the Petroleum Exporting Countries on Wednesday announced that it would slash output by two million oil barrels per day. Kaushik Deb, a senior research scholar at the Center on Global Energy Policy at Columbia University joined CBS News to discuss the global impact of that decision.
OPEC+ announced a decision to sharply cut oil production in an effort to boost sagging petroleum prices. The cut will likely lead to higher gas and energy prices in the U.S.
An alliance of oil-producing countries voted to cut production by 2 million barrels per day, leading to fears of higher energy prices over the winter and driving crude futures up. Reuters energy reporter Laura Sanicola joins CBS News' Errol Barnett and Lana Zak to discuss what's moving the market and what might happen to prices at the pump.
In a move that could drive up gas prices, the oil cartel will cut production by 2 million barrels per day starting in November.
Stocks start October on a high note after coming off their worst month since COVID-19 crashed financial markets.
Axios business reporter Hope King joins CBS News to discuss oil-exporting countries' decision to slightly increase production last month, plus Uber's recent announcement that a record number of drivers and delivery earners joined the company last quarter.
President Biden is back on U.S. soil after a trip overseas to Israel, the West Bank and Saudi Arabia. CBS News chief White House correspondent Nancy Cordes joined Anne-Marie Green to discuss the outcome of the president's visit and the setbacks he now faces in Washington to his climate change agenda.
The national average for a gallon of gas in the U.S. is inching closer to $5. Analysts are unsure if or when prices could go down. CBS News correspondent Carter Evans joins "CBS News Mornings" with the latest from California, which has the most expensive gas in the nation.
Brian Sozzi, editor-at-large and anchor for Yahoo Finance Live, joined CBS News' Tanya Rivero and Nikki Battiste to discuss the latest on the stock market and other financial news.
OPEC is considering suspending Russia from an oil production deal. This comes after the EU announced a ban on the majority of Russian oil imports by the end of the year. John A. Quelch, dean of Miami Herbert Business School at University of Miami, joins CBS News' Tanya Rivero and Errol Barnett with more.
The global oil production alliance OPEC+ is meeting this week to discuss its output as countries ban Russian oil over the country's war in Ukraine. Meanwhile, OPEC members Saudi Arabia and the United Arab Emirates have rejected calls to expel Russia from the larger alliance. Helima Croft, the global head of commodity strategy for RBC Capital Markets, joined "CBS News Mornings" from Dubai, United Arab Emirates, to discuss.
Governors are facing mounting calls to suspend gas taxes as prices at the pump skyrocket nationwide amid Russia's war against Ukraine. Prem Kumar, a principal of Albright Stonebridge Group, part of Dentons Global Advisors, joined "CBS News Mornings" with more.
Government and organizations are looking to confront rising gas prices. as the war in Ukraine is driving up costs and increasing uncertainty in supply routes. Washington Post reporter Steven Mufson joins CBS News to discuss the latest in the oil industry.
White House plan aims to offer relief to millions of motorists. But the gains are likely to be modest, according to experts.
Stocks tumbled despite the historic cut of almost 10 million barrels, ushered in through President Donald Trump's efforts.
Uncertainty over the global response to the coronavirus outbreak saw stocks plummet in Asia and Europe. As the U.S. markets prepare to open, futures paint a gloomy picture. CBS News business analyst Jill Schlesinger joins CBSN with the details.
Saudi Arabia's oil company reached a value of $1.88 trillion after it started trading on the Saudi Tadawul exchange
Climate activist Greta Thunberg is a Swedish powerhouse with a seemingly endless supply of energy. OPEC calls her the greatest threat to the oil industry. Roxana Saberi reports for our "Eye on Earth" series.
Oil-producing countries reach a deal to prop up oil prices and some infant ibuprofen products are being recalled for containing an overly high dose. These headlines and more from CBS MoneyWatch.
1st departure of Mideast state from oil cartel is clear message from tiny but fiercely independent nation in heart of the Arab world
President ratchets up pressure on one of America's closest Mideast allies over rising oil prices, as crude prices reach 4-year high
In a tweet, the president claims "the OPEC monopoly" is "if anything ... driving prices higher"
Trump tweeted Saturday morning Saudi Arabia agreed to increase oil production, White House issues a statement Saturday night that does not specify Saudi Arabia will increase production
Hundreds of people have been arrested in California, New York, Massachusetts, Texas and other states during the tense protests on college campuses.
The Supreme Court convened to consider whether former President Donald Trump is entitled to broad immunity from criminal charges in the 2020 election case.
Harvey Weinstein's 2020 conviction on felony sex crime charges has been overturned by the State of New York Court of Appeals.
Follow live updates of Donald Trump's New York criminal trial, where former National Enquirer boss David Pecker is testifying for the third day.
A former high school athletic director was arrested Thursday morning after allegedly using artificial intelligence to impersonate the school principal in a recording that included racist and antisemitic comments.
A federal judge has denied former President Donald Trump's request for a new trial in the civil suit brought by the writer E. Jean Carroll, who was awarded an $83.3 million judgment.
The petitions are the latest in the effort for Ryan Corbett's release.
President Joe Biden has signed legislation that could lead to TikTok being sold or banned. Here's who might buy it — and for how much.
U.S. regulators are reviving a rescinded rule, laying the groundwork for for a major court fight with the broadband industry.
Some 46.8% of luxury homes were bought entirely with cash in the three months ended February 29, the highest share in a decade, according to Redfin.
The median mortgage payment jumped to a record $2,843 in April, up nearly 13% from a year ago, a new analysis finds.
Former National Enquirer boss David Pecker appeared on the stand for the third day, detailing an agreement the tabloid made with a former Playboy model.
Misty Scanlan, 46, and Jeffery Scanlan,41, were taken into custody and each booked on one count of child abuse and neglect.
U.S. regulators are reviving a rescinded rule, laying the groundwork for for a major court fight with the broadband industry.
Some 46.8% of luxury homes were bought entirely with cash in the three months ended February 29, the highest share in a decade, according to Redfin.
The median mortgage payment jumped to a record $2,843 in April, up nearly 13% from a year ago, a new analysis finds.
U.S. regulators are reviving a rescinded rule, laying the groundwork for for a major court fight with the broadband industry.
Visitors will have to pay five euros, a fee designed to offset some of the costs of accommodating tourists.
PayPal payments are being made to 117,044 consumers whose videos may have been accessed by unauthorized users.
Senate Minority Leader Mitch McConnell appears on "Face the Nation" as pro-Palestinian protests roil American politics.
Former National Enquirer boss David Pecker appeared on the stand for the third day, detailing an agreement the tabloid made with a former Playboy model.
The petitions are the latest in the effort for Ryan Corbett's release.
A federal judge has denied former President Donald Trump's request for a new trial in the civil suit brought by the writer E. Jean Carroll, who was awarded an $83.3 million judgment.
Coal-fired power plants would have to capture smokestack emissions or shut down under a new EPA rule the industry says would make the grid less reliable. It's likely to face court challenges.
CDC's provisional figures show a 2% decline in births from 2022 to 2023.
Don't brush your teeth after breakfast? Or after vomiting? Dentists say it can wear away your enamel. Here's what to do instead.
Federal officials say they're double checking whether pasteurization has eradicated the danger from possible bird virus particles in milk.
For the first time, surgeons at NYU Langone Health performed a combined mechanical heart pump and gene-edited pig kidney transplant into a living person.
The USDA had floated banning flavored milk options from some school lunches.
The petitions are the latest in the effort for Ryan Corbett's release.
A cross unearthed in eastern Poland likely belonged to an outcasted Russian religious community around 300 years ago.
Hundreds of people have been arrested in California, New York, Massachusetts, Texas, Georgia and other states during the tense protests on college campuses.
The creepy patterns were observed by the European Space Agency's ExoMars Trace Gas Orbiter.
Italy's Culture Ministry has banned loans of works to the Minneapolis Institute of Art, following a dispute with the U.S. museum over an ancient marble statue believed to have been looted from Italy almost a half-century ago.
Looking for a place to live in NYC? Zillow is now listing Frank Sinatra and Mia Farrow's former home on the Upper East Side.
Italy's Culture Ministry has banned loans of works to the Minneapolis Institute of Art, following a dispute with the U.S. museum over an ancient marble statue believed to have been looted from Italy almost a half-century ago.
The renowned Moulin Rouge cabaret venue's director has vowed to "rise to the challenge" after the windmill's sails fell off.
Harvey Weinstein's 2020 conviction on felony sex crime charges has been overturned by the State of New York Court of Appeals.
Taylor Swift fans have found a way to feel "a little bit closer to" their hero at a London watering hole, and The Black Dog pub is lapping it up.
U.S. regulators are reviving a rescinded rule, laying the groundwork for for a major court fight with the broadband industry.
Meta began rolling out its new AI-powered smart assistant software, saying it will be integrated across Instagram, Facebook and Messenger. Adam Auriemma, editor-in-chief for CNET, joined CBS News to discuss the new tool.
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.
Lawmakers argue the Chinese government can use the widely popular video-sharing app as a spy tool and to covertly influence the U.S. public.
NASA's Voyager 1, the first spacecraft to travel beyond our solar system, has started sending information back to Earth again after scientists managed to fix the probe from 15 billion miles away.
Emerging cicadas are so loud in one South Carolina county that residents are calling the sheriff's office asking why they can hear a "noise in the air that sounds like a siren, or a whine, or a roar." CBS News' John Dickerson has details.
Representatives from across the world are gathering in Ottawa, Canada, to negotiate a potential treaty to limit plastic pollution. CBS News national environmental correspondent David Schechter has the latest on the talks.
"Although to some, the noise is annoying, they pose no danger to humans or pets," the sheriff wrote. "Unfortunately, it is the sounds of nature."
The White House is considering declaring a national climate emergency to unlock federal powers and stifle oil development, according to a Bloomberg report. Meanwhile, the Biden administration is announcing several projects this Earth Week. Columbia University Climate School professor Dr. Melissa Lott joins with analysis.
NASA's Voyager 1, the first spacecraft to travel beyond our solar system, has started sending information back to Earth again after scientists managed to fix the probe from 15 billion miles away.
A New York appeals court overturned Harvey Weinstein's 2020 conviction on felony sex crimes. The court ruled that the disgraced movie mogul did not have a fair trial because the judge who presided over the case allowed women to testify about allegations that were not part of the charges against him. Weinstein will remain in prison because of his rape conviction in Los Angeles.
Harvey Weinstein's 2020 conviction on felony sex crime charges has been overturned by the State of New York Court of Appeals.
A former high school athletic director was arrested Thursday morning after allegedly using artificial intelligence to impersonate the school principal in a recording that included racist and antisemitic comments.
William Ray Grimes was indicted on charges of murder and burglary in the 2012 slaying of Lowell Badger, police said.
All this week, CBS News has been investigating online romance scams. In this final installment, Jim Axelrod looks at what law enforcement and lawmakers can do -- but also why it's important for the online dating industry to police itself.
The creepy patterns were observed by the European Space Agency's ExoMars Trace Gas Orbiter.
The Shenzhou 18 crew will replace three taikonauts aboard the Chinese space station who are wrapping up a six-month stay.
In November 2023, NASA's Voyager 1 spacecraft stopped sending "readable science and engineering data."
In two weeks, Boeing's Starliner spacecraft is scheduled to launch its first piloted test flight, bringing two veteran NASA astronauts to the International Space Station. Astronaut Matt Dominick joined CBS News from the ISS to talk about the mission and life in space.
A process called cryopreservation allows cells to remain frozen but alive for hundreds of years. For some animal cells, the moon is the closest place that's cold enough.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
The Francis Scott Key Bridge in Baltimore collapsed early Tuesday, March 26 after a column was struck by a container ship that reportedly lost power, sending vehicles and people into the Patapsco River.
When Tiffiney Crawford was found dead inside her van, authorities believed she might have taken her own life. But could she shoot herself twice in the head with her non-dominant hand?
We look back at the life and career of the longtime host of "Sunday Morning," and "one of the most enduring and most endearing" people in broadcasting.
Cayley Mandadi's mother and stepfather go to extreme lengths to prove her death was no accident.
Asked about the ongoing protests over the Israel-Hamas at college campuses across the U.S., Senate Minority Leader Mitch McConnell said "university presidents need to get control of the situation, allow free speech and push back against antisemitism." McConnell spoke with "Face The Nation" moderator Margaret Brennan about the demonstrations and the recent passage of a major foreign aid bill.
David Pecker, the former publisher of the National Enquirer, continued to testify Thursday in former President Donald Trump's criminal trial in New York. CBS News national correspondent Errol Barnett is covering the latest.
One of only five companies to ever surpass $2 trillion in stock market value, computer chip maker Nvidia ushered in the artificial intelligence revolution with its groundbreaking software and graphics processing unit. Bill Whitaker reports, Sunday.
The Supreme Court has concluded arguments over Donald Trump's claim he is entitled to broad immunity from federal prosecution for allegedly official acts while he was in the White House. Nancy Cordes anchored CBS News' special report on the arguments.
The Supreme Court heard arguments Thursday in Trump v. United States, a case weighing whether former President Donald Trump should be immune from federal prosecution for his actions while serving in the White House. CBS News' Jessica Levinson, Jan Crawford and Scott MacFarlane break down the historic arguments that played out in court.