Iran war "re-escalation risks" keep oil prices volatile as talks stagger on
Oil prices remain volatile due to Iran war "re-escalation risks," as Tehran says it has shared another set of revised peace deal terms with the U.S.
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Oil prices remain volatile due to Iran war "re-escalation risks," as Tehran says it has shared another set of revised peace deal terms with the U.S.
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.
Trump threatens Iran with "higher level" strikes if it won't accept a peace deal, but says it's too soon for direct talks after reporting diplomatic progress.
Gas prices are now 52% higher than prior to the Iran war, with drivers paying $1.56 more per gallon, data shows.
Vice President JD Vance visited Iowa and spoke directly to farmers who are experiencing turbulent financial times amid inflation and the Iran war. CBS News' Lana Zak reports.
Hegseth said the ceasefire with Iran "certainly holds" for now after a naval clash between Iranian and U.S. forces and renewed attacks on the UAE.
Iran's leverage depends on President Trump feeling political pressure at home. Gas prices are up and support for the war is not. Ed O'Keefe reports on domestic pressure on the Trump administration.
Iran launched attacks on the UAE and tankers in the Strait of Hormuz while the U.S. destroyed Iranian boats "that attempted to interfere" with Project Freedom.
The White House has not said definitively when gas prices are expected to drop. CBS News' Ed O'Keefe has the latest.
President Trump announced the U.S. would "guide" ships not involved in the war with Iran out of the Strait of Hormuz. A U.S.-led task force says it has started the operation.
In an interview on April 23, Chevron CEO Mike Wirth told "Face the Nation with Margaret Brennan" that it's "very hard to predict" the Iran war's lasting impact on energy prices "because markets are dynamic. They can respond to things that we don't anticipate."
White House National Economic Council Director Kevin Hassett told "Face the Nation with Margaret Brennan" that although Spirit Airlines said rising fuel prices had contributed to its demise, "energy shocks don't have a big effect" on other airlines' business. But he acknowledged that "certainly, that will affect the profits for the airlines for a quarter or so."
President Trump had accused the Treasury Department and IRS of unlawfully allowing a government contractor to leak his tax returns and those of his sons and company.
The jury dismissed all charges due to the statute of limitations.
A CBS News investigation into youth residential treatment programs finds allegations of abuse, a lack of federal oversight, and families left to navigate a multibillion-dollar industry largely on their own.
An American medical missionary in the Democratic Republic of the Congo has a confirmed case of Ebola, and is being taken to Germany for treatment.
Oil prices remain volatile due to Iran war "re-escalation risks," as Tehran says it has shared another set of revised peace deal terms with the U.S.
A New York judge ruled Monday on whether evidence found in Luigi Mangione's backpack during his arrest can be used during his state trial.
At issue in the cases was who can bring lawsuits in federal court to address potential violations of Section 2 of the Voting Rights Act.
Italy's Foreign Ministry said Monday rescuers have located the bodies of four Italian divers who were believed to be deep inside an underwater cave in a Maldive atoll.
The Mountain Home Air Force Base in Idaho was locked down following the midair crash during the Gunfighter Skies Air Show.
An American medical missionary in the Democratic Republic of the Congo has a confirmed case of Ebola, and is being taken to Germany for treatment.
California jury dismissed all charges, finding that Musk missed the three-year statute of limitations to file suit.
The Trump administration announced it's restricting people who don't have U.S. passports from entering the country if they have been in Congo, South Sudan or Uganda amid the Ebola outbreak.
A mother and daughter hid in the basement of the home they moved into just two weeks ago when a destructive tornado tore across their Nebraska community.
The Trump administration has placed intense pressure on Cuba's communist leadership.
California jury dismissed all charges, finding that Musk missed the three-year statute of limitations to file suit.
The combined company will serve about 10 million utility customers across Florida, Virginia, North Carolina and South Carolina.
Accessory Dwelling Units, or ADUs, are small, fully-functional secondary homes located on the same property as a main home, usually in the backyard, filling a vital need where housing has proved scant or expensive.
Gas prices, inflation weigh on Americans. Many see lack of clarity on what's happening in Iran.
No injuries have been reported because of the issue, the Food and Drug Administration said.
The Trump administration announced it's restricting people who don't have U.S. passports from entering the country if they have been in Congo, South Sudan or Uganda amid the Ebola outbreak.
The Trump administration has placed intense pressure on Cuba's communist leadership.
At issue in the cases was who can bring lawsuits in federal court to address potential violations of Section 2 of the Voting Rights Act.
President Trump had accused the Treasury Department and IRS of unlawfully allowing a government contractor to leak his tax returns and those of his sons and company.
On this "Face the Nation with Margaret Brennan" broadcast, U.S. Trade Representative Jamieson Greer and Ambassador Alexander Yui, Taiwan's Representative to the U.S., join Margaret Brennan.
An American medical missionary in the Democratic Republic of the Congo has a confirmed case of Ebola, and is being taken to Germany for treatment.
The virus behind the latest Ebola outbreak is the Bundibugyo virus, which is less common and there is no vaccine or treatment.
The Trump administration announced it's restricting people who don't have U.S. passports from entering the country if they have been in Congo, South Sudan or Uganda amid the Ebola outbreak.
A CBS News investigation into youth residential treatment programs finds allegations of abuse, a lack of federal oversight, and families left to navigate a multibillion-dollar industry largely on their own.
The cruise ship hit by a deadly hantavirus outbreak has docked at the Dutch port of Rotterdam for disinfection, wrapping up a troubled journey that put world health authorities on alert.
A man armed with a rifle carried out a string of attacks, killing at least six people and wounding eight others, Turkish President Recep Tayyip Erdogan said.
An American medical missionary in the Democratic Republic of the Congo has a confirmed case of Ebola, and is being taken to Germany for treatment.
A truck driver was sentenced to over 13 years in prison for smuggling $9.4 million worth of cocaine in a shipment of Skims, Kim Kardashian's shapewear brand.
The virus behind the latest Ebola outbreak is the Bundibugyo virus, which is less common and there is no vaccine or treatment.
The Trump administration has placed intense pressure on Cuba's communist leadership.
Rob Cesternino, a 2-time "Survivor" castaway, talks about the upcoming "Survivor 50" finale, who he think will make the final three and who is his favorite to win the game.
Golden Globe-nominated actor Hayden Panettiere shares her story and opens up about life in the spotlight as a young actor, postpartum depression and her healing journey.
Jane Pauley hosts our annual look at design. Featured: Tiny homes in your backyard; Louis Vuitton; Adobe house construction; Finland's Marimekko; domino art; Philadelphia food favorites; chandeliers; Longwood Gardens; rare maps; and director Jon Favreau of "The Mandalorian and Grogu."
"Call Her Daddy" host Alex Cooper said on Instagram that she and husband Matt Kaplan are expecting their first child.
Jon Favreau, creator of the "Star Wars" series "The Mandalorian," has now brought the father-son relationship of Pedro Pascal's bounty hunter and his charge "Baby Yoda" to the big screen.
California jury dismissed all charges, finding that Musk missed the three-year statute of limitations to file suit.
A nine-person jury will begin deliberations Monday in Elon Musk's $150 billion civil lawsuit against OpenAI CEO Sam Altman. Rachel Metz, artificial intelligence reporter for Bloomberg, joins with more.
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.
For thousands of years, civilizations around the world have built houses out of earth – whether it be mud brick, wattle and dab or rammed earth. But adobe (the practice of making mudbricks) has now become today's "it" building material, from museums around the world designed using adobe, to do-it-yourselfers constructing homes from the very dirt beneath their feet. Correspondent Conor Knighton looks at the history of adobe, and how ancient adobe materials are being merged with 3-D printing techniques.
Atlanta residents say they're waking up to traffic jams of self-driving Waymo vehicles confused by neighborhood signage.
The upcoming El Niño could trigger frequent and widespread flooding in coastal areas around the United States, even when storms aren't actively taking place, scientists warn.
The long-necked herbivore is the largest ever found in Southeast Asia, researchers said.
The last time an El Niño pattern occurred was in 2023, when the Eastern Pacific hurricane season produced 20 tropical systems.
NASA's Psyche spacecraft will slingshot past Mars on Friday, on its way toward a rare metal-rich asteroid.
Greater protections for endangered emperor penguins and how to manage growing tourism are topping the agenda at talks on Antarctica in Japan.
A man armed with a rifle carried out a string of attacks, killing at least six people and wounding eight others, Turkish President Recep Tayyip Erdogan said.
Three people are in custody for a dozen random shootings around Austin, Texas, on Sunday, police said. Four people were injured in the mayhem, police said. CBS News' Ian Lee has more on how the community is reacting.
A truck driver was sentenced to over 13 years in prison for smuggling $9.4 million worth of cocaine in a shipment of Skims, Kim Kardashian's shapewear brand.
New York Judge Gregory Carro ruled Monday that a gun and notebook found in the search of Luigi Mangione's possessions can be used as evidence in his state murder trial. CBS News' Lilia Luciano has the latest.
Three people are in custody after a string of shootings in Austin, Texas. CBS News' Ian Lee reports.
The International Space Station-bound SpaceX Cargo Dragon is loaded with 6,500 pounds of needed equipment, research gear and crew supplies.
Researchers expected to find "a gradual increase in artificial light at night," but instead saw "much more nuanced patterns," NASA said.
NASA's Psyche spacecraft will slingshot past Mars on Friday, on its way toward a rare metal-rich asteroid.
NASA's Apollo 17 crew reported seeing three mysterious dots and sparks that resembled fireworks, according to new files released by the Pentagon.
Defense Secretary Pete Hegseth said in a statement that the documents "have long fueled justified speculation — and it's time the American people see it for themselves."
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Pennsylvania voters will head to the polls Tuesday for primary elections. CBS News' Taurean Small has a look at the races.
CBS News investigated what critics referred to as the "troubled teen" industry. CBS News national consumer correspondent Ash-Har Quraishi has a look at what was found.
A jury on Monday unanimously dismissed Elon Musk's lawsuit against OpenAI and Sam Altman due to the expired statute of limitations. CBS News' Jo Ling Kent and Jessica Levinson have more.
Three people are in custody for a dozen random shootings around Austin, Texas, on Sunday, police said. Four people were injured in the mayhem, police said. CBS News' Ian Lee has more on how the community is reacting.
More details are emerging on the recovery efforts in the Maldives after authorities announced that the bodies of four missing divers were located. CBS News' Shanelle Kaul has more.