World stocks mostly lower as oil prices jump
OPEC’s deal to get nonmember countries to cut their output has crude up more than 4 percent in Monday trading
OPEC
The big ripples from OPEC's production cuts
With the contentious deal finally struck, prices will rise, and the results will hit stocks, the economy and consumers
OPEC agrees to lower output to push up oil price
After squabbling over strategy, oil cartel in Vienna meeting agrees to production curbs to take affect in January
With OPEC near a cutback deal, oil prices jump
At the cartel’s Vienna meeting, it appears that Iran will get to freeze output, which would break the impasse
Get ready for Wall Street's sideways crawl to end
Market history and several approaching major catalysts suggest stocks won't stay stuck -- and they could break higher
IEA tells OPEC: It’s time to cut production
The International Energy Agency says prices will sink again if the cartel doesn’t quickly follow its promises with action
Latest MoneyWatch headlines
OPEC says it will modestly curb production; U.S. economy grew meager 1.4% in Q2; and California takes action against Wells Fargo. These headlines and more from CBS MoneyWatch.
OPEC deal shows cartel's resolve -- and desperation
Agreement to curb production for the first time time in eight years shows group's eagerness to push oil prices higher
OPEC cobbles a preliminary accord on cutting output
Rivals Saudi Arabia and Iran appear to have found some common ground on a deal to be finalized in November
OPEC deal appears to sink on Saudi-Iran split
Their ongoing regional rivalry stands in the way of an agreement to cut production aimed at bolstering oil prices
Iran dims hopes for deal on output freeze this week
Saudi Arabia, the world’s biggest oil producer and Iran’s rival within OPEC, appears to be more amenable to some sort of production limit
Why oil prices matter now -- more than usual
With supply outstripping demand, energy prices look ready to jump back into the headlines, and that's not a good thing
Oil supply will keep outrunning demand into 2017
The International Energy Agency’s latest forecast sees less demand growth than it did previously, slamming oil prices
Qatari fund buys a chunk of the Empire State Building
The tiny but wealthy OPEC member, an American ally, is ramping up its U.S. investments as oil income stumbles
World markets get a lift from new stimulus hopes
The focus now is on China, which could take steps to boost its economy following a weak inflation report
Is gas about to get cheaper?
Rising production and inventories suggest drivers are likely to get more relief even though it's summer driving season
U.S. has more recoverable oil than Saudia Arabia, Russia
Latest data on globe's oil reserves also confirms there is "relatively limited amount of recoverable oil left on the planet"
OPEC states fail to reach deal on production
After meeting, oil ministers suggested they were satisfied that prices had recovered from a 13-month nadir earlier this year
Global stocks, oil edge up as OPEC weighs output deal
U.S. futures augured a subdued opening on Wall Street, with both the Dow and S&P futures down less than 0.1 percent
Has OPEC won the oil price war?
As the cartel gets set to meet again, agreement on strategy is likely to remain elusive, but that's been working out OK
Saudi Arabia lays out plans to end its oil "addiction"
Ambitious reforms include selling state assets, cutting government perks and creating a $2 trillion development fund
As stocks flirt with new highs, don't dismiss these risks
A sweet combination of positives has lifted the Dow within a hair of 18,000, but several counterweights remain
So oil's price swoon is over? Don't believe it
Torrid production -- especially in the Mideast -- and bulging stockpiles suggest the recent price uptick is temporary
It's put-up or shut-up time for stocks and oil
Tied in lockstep motion, they'll both need to rally to give investors any hope the market can break out to new highs
Saudi Arabia: "We have not declared war on shale"
The country's oil minister also says an OPEC output cut would subsidize high-cost producers, like U.S. shale drillers
Live
Watch Live: Jack Smith testifies on Trump probes at Senate hearing
Former special counsel Jack Smith is testifying before the Senate Judiciary Committee as part of its investigation into his probes of President Trump.
Live
Iran says it expects response to cease-fire plan already rejected by Trump
Trump says U.S. and Iranian negotiators are talking via mediators, but insists he has "offered them NOTHING" to get a peace deal done.
Exclusive
New text messages from days after alleged gang rape at Cornell University
CBS News New York has exclusively obtained screenshots from a source presented as text messages between Jane Doe and one of the defendants in a lawsuit alleging rape at a fraternity house at Cornell University in 2024.
Live
Live Updates: Lindsay Clancy's first hearing following mistrial
Lindsay Clancy is back in a Massachusetts courtroom for the first time since her murder trial ended in a mistrial. Follow along for live updates.
Trump and Rubio question U.K. handling of possible plot against air base
Rubio claims a possible terror plot against a U.K. air base used by U.S. forces "clearly involved" a foreign actor, but there are few facts to support that.
Trump, Johnson to meet with AI execs at White House amid debate over safety
The meeting comes as some industry leaders warn about the risks of rapid AI advancements.
Dutch National Police arrest member of group that claimed to have hacked FBI
About a week ago, the cybercriminal group ShinyHunters claimed it had defaced the FBI's jobs website and bragged that it had stolen data about FBI personnel and job applicants.
Democrat Abdul El-Sayed courts RFK Jr.'s MAHA voters with new health platform
Michigan Democratic Senate candidate Abdul El-Sayed is making a play for Robert F. Kennedy Jr.'s "Make America Healthy Again" supporters with the release Tuesday of a new health policy platform.
Dennis Haskins, who played Mr. Belding on "Saved by the Bell," has died
Dennis Haskins, who played Principal Richard Belding in "Saved By The Bell," has died. He was 75.
U.S.
More U.S.
Dutch National Police arrest member of group that claimed to have hacked FBI
About a week ago, the cybercriminal group ShinyHunters claimed it had defaced the FBI's jobs website and bragged that it had stolen data about FBI personnel and job applicants.
Dennis Haskins, who played Mr. Belding on "Saved by the Bell," has died
Dennis Haskins, who played Principal Richard Belding in "Saved By The Bell," has died. He was 75.
Possible 1884 shipwreck exposed by nor'easter on Nantucket
The Warren Sawyer ran aground on Dec. 22, 1884, while carrying 1,115 bales of cotton and 28 tons of scrap iron from New Orleans to Boston.
Live
Watch Live: Jack Smith testifies on Trump probes at Senate hearing
Former special counsel Jack Smith is testifying before the Senate Judiciary Committee as part of its investigation into his probes of President Trump.
2 U.S. aviators eject landing plane on carrier off Virginia and 4 sailors hurt
Two U.S. aviators ejected as they were landing their plane on the USS Dwight D. Eisenhower aircraft carrier off Virginia and four sailors on the vessel were hurt in what the Navy called a "mishap."
MoneyWatch
More MoneyWatch
U.S. ban on almost $1 billion in Canadian imports takes effect
The United States has banned nearly $1 billion worth of Canadian imports, including alcoholic beverages, dairy products and motorcycles.
OpenAI halts model release over safety concerns: "Didn't quite meet the bar"
OpenAI said it has chosen not to release its new GPT-6.1 Astra model due to concerns about safety, as industry leaders warn of the risks posed by ever-more-powerful AI technology.
Peperoncini product recalled after "pest contaminant" found in jar
California food manufacturer said it is investigating after a consumer posted a video showing a rodent in a jar of the company's peperoncinis.
Holiday airfares soar to 10-year high. Here's how to save on flights.
Airfares for round-trip U.S. flights have jumped 31% compared to the same period last year, and tickets are likely to get pricier, according to a new analysis.
Gas prices could soar if the U.S. bans diesel exports, economists say
President Trump said he is "very seriously" considering a ban on diesel exports. But such a move could drive U.S. gas prices sharply higher, analysts said.
Politics
More Politics
Dutch National Police arrest member of group that claimed to have hacked FBI
About a week ago, the cybercriminal group ShinyHunters claimed it had defaced the FBI's jobs website and bragged that it had stolen data about FBI personnel and job applicants.
CNN, Politico, MS NOW ask court to keep blocking Trump's press ban against them
CNN, MS NOW and Politico journalists, who were banned by Trump from White House grounds this month, asked a federal court to block the press ban until the case is resolved.
Democrat Abdul El-Sayed courts RFK Jr.'s MAHA voters with new health platform
Michigan Democratic Senate candidate Abdul El-Sayed is making a play for Robert F. Kennedy Jr.'s "Make America Healthy Again" supporters with the release Tuesday of a new health policy platform.
Live
Watch Live: Jack Smith testifies on Trump probes at Senate hearing
Former special counsel Jack Smith is testifying before the Senate Judiciary Committee as part of its investigation into his probes of President Trump.
U.S. ban on almost $1 billion in Canadian imports takes effect
The United States has banned nearly $1 billion worth of Canadian imports, including alcoholic beverages, dairy products and motorcycles.
HealthWatch
More HealthWatch
Food safety becomes election issue as major outbreaks, recalls cause concern
Recent outbreaks of foodborne illness and high-profile recalls have made food safety a concern of voters.
Teen's headache reveals family health risk: "Saving people's lives"
Minutes into a run, Caroline McCaffrey was struck with a massive headache. The resulting medical journey would reveal a family risk for a dangerous condition.
Will an FDA crackdown curb access to cheaper GLP-1 weight-loss drugs?
The FDA has warned a major compounding pharmacy that it violated federal law by making copies of blockbuster weight-loss drugs in "inordinate amounts."
Bone health and the "silent disease": 4 things women should know
In the latest episode of "Healthful," Dr. Jocelyn Wittstein, an orthopedic surgeon at Duke University School of Medicine, discusses what women should know about protecting their bones.
Even the smallest joys can help prevent suicide, researchers say
New research highlights common themes shared by people who found reasons to keep living through dark times.
World
More World
Trump and Rubio question U.K. handling of possible plot against air base
Rubio claims a possible terror plot against a U.K. air base used by U.S. forces "clearly involved" a foreign actor, but there are few facts to support that.
Search for missing students leads to human remains, 17 suspects
A new analysis of phone calls made on the night of the students' disappearance led to the arrests of 17 new suspects, officials said.
Pope Leo draws massive crowds in France. Is Catholicism making a comeback?
Large crowds in Paris and other parts of France offered a striking welcome for Pope Leo in one of Europe's most secular countries.
Princess Diana's brother says Buckingham Palace "has to gaslight" him
Charles Spencer, the brother of the late Princess Diana, spoke to "CBS Mornings" co-host Gayle King about writing his new book, "Swan Song: Diana, My Sister."
Wife, daughter of top drug lord held in U.S. are captured in Colombia
The women, who are wanted for money laundering, were arrested in an operation involving the FBI, President Abelardo de la Espriella said.
Entertainment
More Entertainment
Entertainment
Country star speaks out on AI data centers
Some of country music's biggest stars are speaking out against the surge in development of massive data centers, saying the centers have negative impact on the environment and threaten a quieter way of country living. Brad Paisley, Tanya Tucker, Willie Nelson and Gavin Adcock have all said they're against data center development. Adcock joined "CBS Mornings" to share why he's speaking out now.
Dennis Haskins, who played Mr. Belding on "Saved by the Bell," has died
Dennis Haskins, who played Principal Richard Belding in "Saved By The Bell," has died. He was 75.
Former "American Idol" singer's murder trial moves to closing arguments
A former Ohio music pastor who appeared on the singing competition "American Idol" is on trial over allegations that he killed his wife while having an affair.
Highlights from the VMA "teal" carpet
Stars stunned on the MTV Video Music Awards "teal" carpet Sunday night in Los Angeles, California. Vlad Duthiers breaks down some of the night's best moments.
Key highlights from the 2026 MTV VMAs
Madonna and Taylor Swift won big at the 2026 MTV Video Music Awards, where artists also honored Dolly Parton's legacy and celebrated new singers making their global debuts. CBS News' Vlad Duthiers reports.
Technology
More Technology
Technology
Trump, Johnson and AI leaders are meeting
President Trump and House Speaker Mike Johnson are meeting with AI leaders to discuss the technology and potential safety guardrails. CBS News' Ed O'Keefe reports.
Country star speaks out on AI data centers
Some of country music's biggest stars are speaking out against the surge in development of massive data centers, saying the centers have negative impact on the environment and threaten a quieter way of country living. Brad Paisley, Tanya Tucker, Willie Nelson and Gavin Adcock have all said they're against data center development. Adcock joined "CBS Mornings" to share why he's speaking out now.
How AI powered robots are helping small farms
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.
Trump sets high-stakes meeting on AI
President Trump is set to meet with the AI leaders shaping the new technology, as concerns about safety mount and China competes to dominate the market. CBS News' Aaron Navarro reports.
Why OpenAI didn't roll out its latest model
OpenAI halted its rollout of a new model, GPT-6.1 Astra, over safety concerns. Jo Ling Kent reports.
Science
More Science
Science
Neuroscientists grow human brain tissue in mice
Neuroscientists at Stanford University successfully grew human brain tissue inside mice in the hopes of further enabling the development of treatments for brain disorders. Stanford Medicine professor of psychiatry and behavioral sciences Dr. Sergiu Pasca, who led the study, joins CBS News to break down the findings.
New species of wild cat discovered for first time in more than a century
Scientists have discovered a new species of wild cat for the first time in more than a century, a Bolivian researcher says.
Humpback whale seen grieving dead calf in rare footage
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.
Remains of ancient warhorse given honorific burial discovered in Egypt
Archaeologists say they've discovered the remains of a likely ancient Egyptian warhorse given an honorific burial more than 3,000 years ago.
Anthropic CEO says "exponential" growth of AI is a "warning sign"
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.
Crime
More Crime
Exclusive
New text messages from days after alleged gang rape at Cornell University
CBS News New York has exclusively obtained screenshots from a source presented as text messages between Jane Doe and one of the defendants in a lawsuit alleging rape at a fraternity house at Cornell University in 2024.
Details on alleged U.K. terror plot
U.S. and U.K. officials are saying very different things after five men were arrested in an alleged terror plot outside Britain's Fairford Air Base, which is used by the U.S. Air Force. Holly Williams reports.
District attorney on Cornell rape case
Tompkins County District Attorney Matthew Van Houten is speaking out on the investigation into an alleged rape case at Cornell University in 2024 involving at least seven male students and an unidentified woman. CBS News' Lilia Luciano reports.
Dutch National Police arrest member of group that claimed to have hacked FBI
About a week ago, the cybercriminal group ShinyHunters claimed it had defaced the FBI's jobs website and bragged that it had stolen data about FBI personnel and job applicants.
Latest on the NYT executive killed
Jonathan McKinsey, who was the director of engineering for New York Times Games, was gunned down by his elderly in-laws in a parking lot on Saturday in California, police said. Matt Gutman reports.
Space
More Space
NASA plans Starliner test flight after astronauts got stuck at space station
NASA says it is committed to helping Boeing get its Starliner back in space after multiple upgrades and improvements.
SpaceX launches Starship on giant rocket's first flight to orbit
The Super Heavy-Starship rocket's 14th test flight, the first boosting the upper stage to orbit, marked a major milestone for both SpaceX and NASA.
NASA spacecraft discovers moon crater bigger than Roman Colosseum
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 launches its Roman Space Telescope to explore the hidden universe
NASA's Roman Space Telescope launched shortly after daybreak from Kennedy Space Center and blazed toward an observation point 1 million miles away.
Roman Space Telescope promises 300-megapixel views of the cosmos
The $4.3 billion telescope is expected to discover tens of thousands of exoplanets while probing the nature of mysterious dark matter and energy.
Latest Galleries
More Latest Galleries
Notable Deaths in 2026
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: An extraordinary life in pictures
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.
Investigating the death of designer Sylvie Cachay
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 music highlights of 2026
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.
Photos show celebrations at Obama Presidential Center
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
Latest CBS News Videos
More Latest CBS News Videos
Latest CBS News Videos
Extended interview: Patrick Clancy
Patrick Clancy wrestles with grief and shares memories of his children in his first interview since his ex-wife Lindsay Clancy's murder trial ended without a verdict.
Bill to overhaul college sports industry
A bipartisan effort to overhaul the college sports industry passed in the Senate. CBS News' Nikole Killion reports.
Finding meaning in caring for an aging parent
"The Free Press" columnist Arthur Brooks argues that caring for an aging parent doesn't have to be a burden. "The Free Press" is owned by CBS News' parent company Paramount Skydance.
Trump, Johnson and AI leaders are meeting
President Trump and House Speaker Mike Johnson are meeting with AI leaders to discuss the technology and potential safety guardrails. CBS News' Ed O'Keefe reports.
Tips to save as holiday travel costs soar
With fall and winter holidays just around the corner, many Americans are looking at rising flight prices with hesitation. Kris Van Cleave has more.