Analysts warn oil prices could keep climbing as Iran war intensifies
Every 1-cent increase in gasoline prices reduces consumer spending by $1.5 billion annually, one economist says.
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Every 1-cent increase in gasoline prices reduces consumer spending by $1.5 billion annually, one economist says.
Many Americans feel like they live in a "hamster wheel economy," said one expert who studies economic security.
GDP grew at a sluggish 0.7% pace in the final months of 2025 as the government shutdown hurt economic activity.
Stocks fell sharply on Wall Street on Thursday as oil prices rose further because of the war with Iran.
U.S. motorists could soon see higher prices at the pump as oil prices surge following the attacks in Iran.
President Trump touted his work during his first year back in office, saying, "inflation is plummeting, incomes are rising fast, the roaring economy is roaring like never before."
Hours before President Trump's State of the Union address, House Speaker Mike Johnson told CBS News the U.S. economy is on the right track — but inflation hasn't been "completely fixed yet."
ICE raids hit South Texas builders hard. Now, a Texas Republican is floating a new legal work visa for construction.
From stubbornly high living costs to a softer labor market, economists say these are the forces that will shape the year ahead.
Several major retailers are now charging customers to return items even if they are unopened and in perfect condition.
The shopping rush leading up to Christmas is over and in its place, like every year, another has begun as millions of people hunt for post-holiday deals and get in line to return gifts that didn't fit, or didn't hit quite right.
The economy remained on track this year, defying the gloomiest predictions. That doesn't mean Americans are thrilled with how things are going.
Economic growth blew past forecasts in the third quarter despite ongoing concerns about jobs, tariffs and inflation.
Rapid emergence of AI will foster demand for new types of workers, including "explainers" and bias auditors, according to economist Robert Seamans.
More young adults say they're stressed during the holidays. Here's how to manage it best.
President Trump spoke about affordability and his economic agenda in the Poconos, in northeastern Pennsylvania, Tuesday night.
Job cuts so far this year are at their highest levels since 2020, new report says.
A new Pew survey shows Trump's support among Latinos slipping as many say his immigration and economic policies have worsened their situation.
Those prioritizing economy say Trump is not spending enough time on it, as ratings of economy, his handling of inflation slip.
The September jobs report, which was delayed due to the government shutdown, comes amid a slowdown in hiring across the U.S.
Nearly 40,000 Americans in 21 states received an impending layoff notice last month, new data from the Federal Reserve Bank of Cleveland shows.
At Dickie's Arena in Fort Worth, the line to get into this event wrapped around the building.
As North Texans tighten their wallets, small business owners say the slowdown is a warning sign for the economy.
A trend that started in the technology sector is spreading to other industries, with businesses cutting workers even as their profits expand.
American Airlines has announced plans to cut management and support roles, mainly at its headquarters in North Texas.
A statue of Christopher Columbus been placed on the grounds of the Eisenhower Executive Office Building adjacent to the White House.
The reclusive billionaire bought a majority stake in OnlyFans in 2018, growing the site into a major adult content platform.
The justices left in place a ruling against Reed from the federal appeals court in New Orleans for the second time in less than three years.
According to DPD, just after 8:40 p.m., officers responded to a call in the 400 block of N. Westmoreland Road.
The Trump administration began deploying U.S. Immigration and Customs Enforcement agents to some of the busiest airports in the country Monday morning.
A statue of Christopher Columbus been placed on the grounds of the Eisenhower Executive Office Building adjacent to the White House.
The reclusive billionaire bought a majority stake in OnlyFans in 2018, growing the site into a major adult content platform.
The justices left in place a ruling against Reed from the federal appeals court in New Orleans for the second time in less than three years.
Check how your entry in the CBS Texas Bracket Challenge is doing, and how you stack up against CBS Texas VIPs!
According to DPD, just after 8:40 p.m., officers responded to a call in the 400 block of N. Westmoreland Road.
The moratorium does not affect companies already enrolled in Medicare.
The state is already home to nearly 400 data centers, but hundreds more are in the works.
The crash sparked a nearly three‑year I‑Team investigation into Fort Worth police pursuit policies.
It started with a complaint from a male officer.
Austin medical supply business accused of Medicare fraud, funneling millions overseas, federal complaint says.
A statue of Christopher Columbus been placed on the grounds of the Eisenhower Executive Office Building adjacent to the White House.
The Trump administration began deploying U.S. Immigration and Customs Enforcement agents to some of the busiest airports in the country Monday morning.
Republican nominee for the 32nd Congressional District in Texas, Jace Yarbrough discusses becoming the nominee for this newly drawn Republican-majority district. He also tells Jack Fink about his thoughts on the war against Iran, the ongoing DHS shutdown and the SAVE America Act about election integrity.
Republican U.S. Rep. Brandon Gill tells Jack Fink about his support for the war against Iran, the ongoing DHS shutdown and the SAVE America Act about election integrity.
Democratic U.S. Rep. Julie Johnson shares her thoughts on the war against Iran, the ongoing DHS shutdown and the SAVE America Act about election integrity.
Zoox, owned by Amazon, produces its own autonomous vehicles that it says are built for passengers, not drivers.
A lawsuit filed late last month took Chicago-based McDonald's to task over the McRib sandwich, calling its name a form of false advertising.
While retailers like Amazon, Macy's and Target are extending their return window for gifts bought during the holidays, some stores are adding fees to return purchases.
Less than two days after Delta Air Lines offered $30,000 to each passenger on board the flight that crashed and flipped in Toronto on Monday afternoon, the company is facing its first two lawsuits in the incident — and they likely won't be the last.
Texas Agricultural Commissioner Sid Miller is calling for a statewide ban on non-water additives, such as fluoride, in the public water system.
HHS Secretary RFK Jr. wants the popular coffee chains to prove their surgery drinks are safe for teens and suggested the Trump administration could place limits on your cup of coffee.
Tests of dozens of baby formulas by Consumer Reports found that nearly half contained potentially dangerous chemicals.
USALESS.COM is recalling its Rhino Choco VIP 10X product due to the undeclared presence of Tadalafil, which is the active ingredient in Cialis.
Eagle Mountain-Saginaw ISD said that the decision was made after consultation with Tarrant County Public Health.
The McKinney Fire Chief already has AED's placed in all police and fire vehicles.
Small businesses along South Akard Street say the removal of a key bridge connecting Downtown Dallas to the Cedars neighborhood is already driving customers away, with no return of direct access expected until 2028.
An Amazon Prime delivery in Richardson this week left more behind than intended.
Prominent political and business leaders are named in the documents released by the Justice Department in connection with its investigations into Jeffrey Epstein.
A Dallas coffee chain says it's caught in a political firestorm after a walkout over an ICE discount.
During the World Cup, soccer fans will be able to get a taste of what North Texas' new professional soccer team, Atletico Dallas, has to offer.
Olivia Miles had a double-double with 18 points and 10 rebounds while adding some big assists late as third-seeded TCU finally overcame Washington for a 62-59 overtime victory.
Reilly Smith scored the tiebreaking goal with 3:38 left in the third period and the Vegas Golden Knights beat Dallas 3-2, denying the Stars' bid to clinch a playoff berth.
Madison Booker scored a career-high 40 points in a dazzling display of shot making, and No. 1 Texas rolled past No. 8 Oregon 100-58 Sunday in the second round of the women's NCAA Tournament.
DraftKings pushed back on the accusation, saying in a statement that it is not engaging in trademark infringement.
Matas Vokietaitis had 23 points and 16 rebounds, and No. 11 seed Texas knocked off sixth-seeded BYU 79-71 on Thursday in the opening round of the NCAA Tournament, overcoming 35 points from Cougars forward AJ Dybantsa.
Local reports estimate that roughly 40,000 people gathered across central Seoul to watch K-pop band BTS reunite.
CBS News announced Friday that CBS News Radio will be shutting down this spring after nearly 100 years of broadcasting, citing "challenging economic realities."
Bodycam video footage of Justin Timberlake's June 2024 DWI arrest on Long Island was released to the media Friday.
Chuck Norris' family said his death at 86 was sudden, but did not share any details on the cause.
Law enforcement sources told CBS News that additional images were obtained from surveillance cameras installed at Guthrie's Tucson home, but they showed nothing suspicious.
The Red Bull Flugtag Airshow returned to Las Colinas on Saturday after a 12-year hiatus. Teams are tasked with constructing a flying machine and putting it to the test. It's estimated that around 25,000 people attended the event.
A suspect was taken into custody after an attack on Pearl Street Mall in Boulder on June 1 in which there were 15 people and a dog who were victims. The suspect threw Molotov cocktails that burned some of the victims, who were part of a march for Israeli hostages.
The Neonatal Intensive Care Unit babies at Texas Health locations across North Texas celebrated Valentine's Day.
As Anthony Davis prepared for his debut game at the AAC, Dallas Mavericks fans took to the arena to protest the controversial trade.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
