Gas prices dip below $3 per gallon, the lowest since 2021
The average price across the U.S. now stands at $2.95 per gallon, down 8.5 cents from a week ago, according to GasBuddy.
OPEC
Trump victory's impact on the energy sector
President-elect Donald Trump vowed to cut U.S. energy prices by 50% within one year of taking office. He is also expected to loosen regulations on oil and natural gas companies. Patrick De Haan, the head of petroleum analysis for GasBuddy.com, a website that tracks fuel prices, joins CBS News to discuss.
War in Middle East driving up oil prices
As the Middle East waits to see how Israel will respond to Tuesday's massive missile attack by Iran, oil prices have risen over the prospect of possible Israeli strikes on Iran's oil facilities. CBS News foreign correspondent Ramy Inocencio has more.
How will OPEC+ cuts affect U.S. gas prices?
Several OPEC+ countries will reduce oil production by a combined 2.2 million barrels per day through June. Jeff Colgan, director of the Climate Solutions Lab at Brown University, joins CBS News to discuss how the decreased output could affect the U.S.
Investors close out 2023 with a stock market gain of 24%
This year's robust stock market performance defied analysts' predictions as investors cheered prospects of lower interest rates and inflation.
Saudi Arabia, Russia move to extend oil cuts could drive up gas prices
Move by two OPEC+ members to continue scaling back crude production likely means higher prices at the pump for U.S. drivers.
Saudi Arabia cutting oil output in move that could raise gas prices
The Saudi cut of 1 million barrels per day comes as the other OPEC+ producers agreed to extend earlier production cuts through next year.
OPEC announces cuts to oil production
OPEC unexpectedly announced cuts to oil production. The move will likely increase the price of gas.
Here's what OPEC's production cuts mean for U.S. gas prices
Oil cartel's surprise plan to dial back production will likely push up fuel costs within the next two weeks, analysts say.
OPEC+ decides against further oil cuts
Saudi-led OPEC+ opted not to make any additional changes to oil production as Western sanctions on Russian oil are set to take effect. Evan Halper, a business reporter for the Washington Post, joins CBS News' Vladimir Duthiers and Lilia Luciano to discuss the impact.
OPEC maintains oil targets amid uncertainty over Russian sanctions
The OPEC oil cartel and allied producers including Russia aren't changing their targets for shipping oil to the global economy.
OPEC releases 2022 World Oil Outlook
OPEC estimates show that the world markets could demand more oil for the next decade, despite a push toward renewable energy and electric cars. Tom Kloza, global head of energy analysis at the Oil Price Information Service, joins CBS News to talk about what the projection means and how it could affect suppliers and consumers.
North Korea could test tactical nuclear weapon
North Korean leader Kim Jong-un could soon test a tactical nuclear weapon, according to U.S. and South Korean officials. CBS News chief foreign affairs correspondent and "Face the Nation" moderator Margaret Brennan joins CBS News' John Dickerson to discuss.
Biden vows "consequences" for Saudi Arabia
President Biden said there will be "consequences" for Saudi Arabia after the country, as part of OPEC, sided with other oil producing countries to cut production. CBS News chief White House correspondent Nancy Cordes discussed what those consequences could be.
Ukraine to receive more advanced air defense systems
The White House said Tuesday that Biden has promised to provide Ukraine with more advanced air defense systems. This comes as Russia continues to bombard the country with missile attacks. Meanwhile, the White House also said Mr. Biden is reevaluating the U.S.-Saudi relationship after OPEC announced last week it would cut oil production. CBS News chief White House correspondent Nancy Cordes reports from Washington, D.C.
John Kirby discusses the war in Ukraine
John Kirby, a retired admiral who now serves as National Security Council coordinator for strategic communications, joined CBS News to discuss the war in Ukraine, Russian President Vladimir Putin's nuclear threats, as well U.S.-Saudi relations and North Korea's recent missile tests.
Biden to release more oil from reserve
President Biden is releasing 15 million barrels of oil from the nation's strategic reserve in an effort to curb rising prices after OPEC+ announcing it would cut oil production. CBS News senior White House and political correspondent Ed O'Keefe explains how the administration plans to account for the oil it's taking from the reserve and how the move could affect the midterm elections.
Biden releases 15M barrels from oil reserve
President Biden unveiled his three-step plan Wednesday to lower oil prices. Part of that plan is the release of 15 million barrels of oil from the U.S. strategic reserve. The announcement comes weeks after OPEC+ announced it was cutting oil production, a decision that drove gas prices up. CBS News senior White House and political correspondent Ed O'Keefe discussed the president's plan.
Investors react to oil reserve announcement
President Biden announced Wednesday that 15 million more barrels of oil would be released from the Strategic Petroleum Reserve as part of a plan to reduce gas prices. Reuters energy reporter Laura Sanicola discussed the reaction in the oil market.
Biden releases 15 million barrels of oil from strategic reserve
President Biden announced the release of 15 million barrels of oil from the U.S. strategic reserve as part of a response to recent production cuts announced by OPEC+ nations.
Biden to release more oil from U.S. reserve
President Biden is expected to announce a release of 15 million more barrels of oil from the U.S. strategic reserve in response to recent cuts from OPEC+ nations. Nestle is recalling some Toll House cookie dough products over potential contamination with plastic, and the NFL is planning its first-ever Black Friday game in partnership with Amazon Prime Video.
Biden facing pressure to punish Saudi Arabia after OPEC+ cuts oil production
Biden pledged "consequences" and vowed to "take action" — but some lawmakers are demanding a concrete response.
Biden vows "consequences" over OPEC+ oil cut
President Biden said that there will be "consequences" for Saudi Arabia following the announcement that OPEC+ will be cutting oil production. The president made the comment during an interview with CNN. CBS News correspondent Christina Ruffini joined "CBS News Mornings" to discuss.
OPEC, Russia to slash oil production
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.
Treasury secretary criticizes OPEC+ oil cuts
Treasury Secretary Janet Yellen is railing against the OPEC+ decision to cut oil production, calling it "unhelpful and unwise." Matt Red, the vice president of Foreign Reports, joins CBS News to break down what OPEC+ is and the significance of both its decision to reduce production 2 million barrels a day and the secretary's criticism of it.
Live
May who says he was person of interest in Nancy Guthrie's abduction released
Nancy Guthrie, the mother of "Today" show co-host Savannah Guthrie, was reported missing on Feb. 1 and ransom notes were being investigated.
Grand jury declines criminal charges against 6 Democrats, sources say
A federal grand jury refused to indict six Democrats who drew President Trump's ire by taping a video telling members of the military that they must reject "illegal orders," three sources told CBS News.
Exclusive
14-year-old girl allegedly zip-tied in raid, raising questions about ICE tactics
A 14-year-old girl said she was "crying" and "struggling to breathe" when law enforcement officers herded her onto a racetrack with other detainees and zip-tied her hands.
9 killed, dozens injured in shooting at British Columbia high school and home
The suspected shooter was found dead in the school from a "self-inflicted injury," Canadian police said.
Retired FBI agents analyze new images in Nancy Guthrie disappearance
The FBI on Tuesday released images and videos showing a person outside Nancy Guthrie's front door in Tucson, Arizona, wearing a ski mask and gloves and carrying a backpack and what appears to be a weapon.
Videos in the Epstein files reveal disturbing glimpses of his private life
The Epstein files released by the Justice Department include hours of video footage Jeffrey Epstein recorded, received or downloaded. The Free Press has compiled it all.
FBI releases photos, videos of subject in Nancy Guthrie disappearance
FBI Director Kash Patel posted videos of a person outside the home of Nancy Guthrie, the mother of Savannah Guthrie, on the morning of her disappearance.
Don Lemon now represented by ex-prosecutor who resigned from DOJ
A high-profile former prosecutor who was part of a wave of resignations from the Justice Department's office in Minneapolis last month has a surprising new client: Former CNN anchor Don Lemon.
Khanna names 6 men he says were redacted from Epstein files for "no apparent reason"
Two lawmakers are accusing the government of improperly redacting some people's names from the Epstein files, including six men whose identities are now public.
U.S.
More U.S.
FAA halts all flights into and out of El Paso for 10 days for "security reasons"
The Federal Aviation Administration has halted all flights into and out of El Paso until very late on Feb. 20 for what it calls "special security reasons."
New Medicaid work rules likely to hit middle-aged adults hard
Republicans have said new Medicaid work rules are aimed at unemployed young people who should have jobs. Policy researchers say the rules are more likely to disrupt coverage for middle-aged adults.
Bought a new car last year? You could qualify for this tax break.
New deduction allows taxpayers to deduct up to $10,000 on interest they paid to buy a new American-made vehicle in 2025.
Bodycam video shows scene of Border Patrol agent's shooting of Marimar Martinez
The three videos show what happened before and after the shooting by a Border Patrol agent on Oct. 4, 2025, in Chicago's Brighton Park neighborhood.
Live
May who says he was person of interest in Nancy Guthrie's abduction released
Nancy Guthrie, the mother of "Today" show co-host Savannah Guthrie, was reported missing on Feb. 1 and ransom notes were being investigated.
MoneyWatch
More MoneyWatch
New Medicaid work rules likely to hit middle-aged adults hard
Republicans have said new Medicaid work rules are aimed at unemployed young people who should have jobs. Policy researchers say the rules are more likely to disrupt coverage for middle-aged adults.
Bought a new car last year? You could qualify for this tax break.
New deduction allows taxpayers to deduct up to $10,000 on interest they paid to buy a new American-made vehicle in 2025.
Estée Lauder accuses Walmart of selling counterfeits of its products
Estée Lauder lawsuit alleges Walmart sells fake versions of products from brands including Aveda, Clinique and Tom Ford.
The "K-shaped" economy will affect your 2026 tax refund
Tax refunds will be bigger this year because of the big, beautiful bill" act, with higher-income households set to reap the biggest checks.
Vatican Bank debuts two Catholic-themed equity indexes
The Vatican Bank said the new indexes are "designed to serve as a reference for Catholic investments worldwide."
Politics
More Politics
Exclusive
DNC tallied over $7 million in grassroots fundraising last month
Democrats are facing a stark cash gap with the Republican National Committee after the GOP closed 2025 with $95 million in cash on hand.
Moderna says FDA refuses its application for new mRNA flu vaccine
The Food and Drug Administration is refusing to consider Moderna's application for a new flu vaccine made with mRNA technology, the company said.
House Republicans break with Trump, blocking a bid to protect tariff authority
GOP leaders launched an unsuccessful bid to reinstate a ban on resolutions that challenged the president's sweeping tariffs.
Grand jury declines criminal charges against 6 Democrats, sources say
A federal grand jury refused to indict six Democrats who drew President Trump's ire by taping a video telling members of the military that they must reject "illegal orders," three sources told CBS News.
Don Lemon now represented by ex-prosecutor who resigned from DOJ
A high-profile former prosecutor who was part of a wave of resignations from the Justice Department's office in Minneapolis last month has a surprising new client: Former CNN anchor Don Lemon.
HealthWatch
More HealthWatch
Moderna says FDA refuses its application for new mRNA flu vaccine
The Food and Drug Administration is refusing to consider Moderna's application for a new flu vaccine made with mRNA technology, the company said.
What to know about a new study on coffee, tea and dementia risk
CBS News medical contributor Dr. Céline Gounder said the results of the study on coffee drinkers having lower risk of dementia should be taken "with a massive grain of salt."
Thousands of mothers were flagged to police over flawed drug tests at childbirth
The Marshall Project found more than 70,000 cases referred to law enforcement over allegations of substance use during pregnancy — and that's a significant undercount.
Obamacare sign-ups drop, but the extent won't be clear for months
Experts say Affordable Care Act sign-up data won't be clear until people who were enrolled have paid — or not — their new, often much higher, premiums.
Hospital flooded by Hurricane Helene to be rebuilt in another flood plain
Ballad Health, the nation's largest state-sanctioned hospital monopoly, plans to rebuild Unicoi County Hospital in Tennessee on land that two climate modeling companies say is at risk of flooding.
World
More World
9 killed, dozens injured in shooting at British Columbia high school and home
The suspected shooter was found dead in the school from a "self-inflicted injury," Canadian police said.
Spanish skater in Minions costume reflects on music rights dispute, performance
Tomas-Llorenc Guarino Sabate donned his Minions costume at the 2026 Winter Olympics in the men's short program, days after he received approval for the music.
Maxim Naumov makes Olympic debut 1 year after parents killed in midair collision
Maxim Naumov's score Tuesday was enough to make it through the short program, giving him another opportunity to perform when the men's free skate takes place Friday night.
Irish man held by ICE says he had U.S. work permit, fears for his life
Seamus Culleton says he's been held for 5 months in a "filthy" ICE detention camp despite a U.S. work permit and green card application.
Airlines adjust as Trump's policies dry up Cuba's jet fuel supplies
A Canadian airline suspends flights to Cuba as U.S sanctions and Trump's tariff threats force Havana to warn carriers there's no way to refuel on the island.
Entertainment
More Entertainment
Chappell Roan leaves Wasserman talent agency after his mentions in Epstein files
Chappell Roan says she's left her talent agency after its CEO, Casey Wasserman, was named in files related to late convicted sex offender Jeffrey Epstein.
Analyzing best and worst Super Bowl LX ads
Just 30 seconds of highly coveted commercial airtime during the Super Bowl costs as much as $10 million, according to CBS News MoneyWatch. Bill Pearce, marketing faculty member at The University of California, Berkeley, joins to discuss some of the ads from Super Bowl LX.
Could Trump's Bad Bunny attacks alienate Latinos?
Bad Bunny's historic Super Bowl halftime show included superstar surprise guests and a message of unity and cultural celebration. While many praised the performance, President Trump took to social media to criticize the show. CBS News political director Fin Gómez joins with analysis.
Bad Bunny and the politics of the Super Bowl
The Super Bowl is a football game, an entertainment spectacle, a global billboard and a crucible of American political discord. CBS News chief Washington correspondent Major Garrett explains.
Catherine O'Hara's cause of death was a pulmonary embolism
Catherine O'Hara, known for her roles in "Home Alone," "Schitt's Creek" and "Beetlejuice," died on Jan. 30 at the age of 71.
Technology
More Technology
Technology
AI tech boom causes shortages
The demands of the artificial intelligence boom may be causing shortages in other sectors that help boost the U.S. economy. Shira Ovide, a technology reporter for The Washington Post, joins CBS News with more.
Social media companies face massive trial
Opening statements began in a landmark trial against Google and Meta on the apparent harms of social media platforms. CBS News' Jo Ling Kent reports.
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.
Social media giants accused of "addicting the brains of children" as trial begins
Instagram's parent company Meta and Google's YouTube dispute claims that their platforms deliberately addict and harm children.
Trial over social media addiction in kids begins
Opening statements began Monday in Los Angeles in a landmark trial over alleged social media addiction in children. CBS News correspondent Carter Evans has the details.
Science
More Science
Scientists "quite surprised" to find one polar bear population thriving
After decades monitoring polar bears in Norway's far north, researchers say the animals have proven incredibly adaptable, but there are no guarantees for the future.
Mysterious dark matter seen in new map of distant galaxies
Dark matter doesn't absorb or give off light so scientists can't study it directly. But they can observe how its gravity warps and bends the star stuff around it.
Cow develops technique to scratch herself
"CBS Saturday Morning" learns more about Veronika, the clever cow who figured out multiple ways to scratch herself with a broom. It was the first time a cow was seen using a tool.
Almanac: January 18
"Sunday Morning" looks back at historical events on this date.
Fossils found at Dinosaur National Monument, first excavation in 100 years
The Dinosaur National Monument, which is located on the border between Colorado and Utah, was last excavated in 1924.
Crime
More Crime
Live
May who says he was person of interest in Nancy Guthrie's abduction released
Nancy Guthrie, the mother of "Today" show co-host Savannah Guthrie, was reported missing on Feb. 1 and ransom notes were being investigated.
Retired FBI agents analyze new images in Nancy Guthrie disappearance
The FBI on Tuesday released images and videos showing a person outside Nancy Guthrie's front door in Tucson, Arizona, wearing a ski mask and gloves and carrying a backpack and what appears to be a weapon.
Ex-FBI special agent on new Guthrie footage
The FBI on Tuesday released new surveillance footage of a masked person on the front porch of Nancy Guthrie's home. Former FBI Special Agent Jeff Harp joins to analyze the video.
Officials believe person in Guthrie video was armed
The FBI on Tuesday released surveillance images of a masked person at Nancy Guthrie's front door. CBS News reporter Andres Gutierrez has the latest.
Epstein survivor on DOJ's handling of files
The Justice Department is facing bipartisan criticism over its handling of the release of files related to convicted sex offender Jeffrey Epstein. Danielle Bensky, an Epstein survivor, joins "The Takeout" to discuss.
Space
More Space
New space station crew eager for Wednesday launch
The new crew will replace four station fliers who returned to Earth ahead of schedule last month due to a medical issue.
What led NASA to delay Artemis II launch
NASA's first crewed moon mission in more than 50 years has been delayed until March at the earliest. During a routine dress rehearsal of the launch, persistent liquid hydrogen leaks were discovered in the Artemis II rocket. CBS News space consultant Bill Harwood breaks it down.
NASA hopes to fix Artemis II moon rocket leak with on-pad repair
NASA plans to test the planned leak repair with a second dress rehearsal fueling test later this month.
NASA delays Artemis II launch
NASA delayed the Artemis II moon rocket launch after a hydrogen leak was found during a wet dress rehearsal, the agency announced Tuesday. CBS News senior space consultant Bill Harwood has the latest.
NASA begins mission to map the boundaries of our heliosphere
A NASA mission is underway to map the heliosphere, which is a huge protective bubble around the solar system that was created by the sun.
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.
Evidence in the Barbara Kendhammer case
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
The life & near death of prizefighter Christy Salters-Martin
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Timeline: The disappearance of George Smith
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Who is Alix Tichelman?
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Latest CBS News Videos
More Latest CBS News Videos
Latest CBS News Videos
Person of interest detained in Guthrie case
With the search for Nancy Guthrie in its tenth day, law enforcement sources told CBS News that the Pima County Sheriff's Office detained a person for questioning. Tony Dokoupil anchors this special report.
Person of interest arrested in Guthrie case
The Pima County Sheriff's Department in Arizona has detained a person of interest connected with Nancy Guthrie's disappearance, according to two law enforcement sources. Jessi Mitchell anchors this Special Report.
Hero dog leads police to missing 3-year-old
A neighborhood dog helped authorities in Louisville, Kentucky, find a missing 3-year-old boy last month in a dramatic rescue seen in newly released body camera footage. "CBS Evening News" anchor Tony Dokoupil has the story.
Team USA picks up five more Olympic medals
Team USA added five more medals at the Olympics onTuesday, bringing the total so far to seven. Meanwhile, the frustration continues for American skiing star Mikaela Shiffrin. Kelly O'Grady has the latest.
Teen says she was zip-tied in Idaho ICE raid
A 14-year-old girl said she was "crying" and "struggling to breathe" when law enforcement officers herded her onto a racetrack with other detainees and zip-tied her hands during an immigration raid. Matt Gutman reports.