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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.
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.
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.
This year's robust stock market performance defied analysts' predictions as investors cheered prospects of lower interest rates and inflation.
Move by two OPEC+ members to continue scaling back crude production likely means higher prices at the pump for U.S. drivers.
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 unexpectedly announced cuts to oil production. The move will likely increase the price of gas.
Oil cartel's surprise plan to dial back production will likely push up fuel costs within the next two weeks, analysts say.
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.
The OPEC oil cartel and allied producers including Russia aren't changing their targets for shipping oil to the global economy.
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 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.
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.
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.
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.
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.
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.
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.
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 pledged "consequences" and vowed to "take action" — but some lawmakers are demanding a concrete response.
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.
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.
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.
While the U.S. added 263,000 jobs in September, economists are bracing for the next Consumer Price Index report, due out this week, which gives a snapshot of inflation. Javier David, managing editor of business and markets at Axios, joins "CBS News Mornings" to discuss the latest economic news and what to expect from the markets this week.
President Biden slammed OPEC+ after the group of oil-producing nations agreed to tighten global supply by two million barrels a day. Politico energy and climate reporter Josh Siegel joins "CBS News Mornings" with the latest.
The stopgap measure will fund the government and provide tens of billions in disaster relief.
Police say the driver is under arrest after plowing into the crowd at a Christmas market in Magdeburg, Germany, killing at least five people - including a 9-year-old - and injuring 200 others.
The House Ethics Committee voted to release its report on the investigation into former Rep. Matt Gaetz on Dec. 5, according to multiple sources.
Rickey Henderson is widely considered to be one of the best leadoff hitters and base stealers in baseball.
Mark Burnett helped produce hits like "Survivor" and "The Voice," but is perhaps best known for teaming up with President-elect Donald Trump for "The Apprentice," which first aired in 2004.
The lawsuit lays out Blake Lively's allegations against Justin Baldoni during their time working on "It Ends with Us."
NYPD Chief of Department Jeffrey Maddrey has resigned following allegations of sexual misconduct, the department says.
Party City informed employees in an email on Friday that it was conducting an immediate "mass layoff" at its headquarters.
Lara Trump, the daughter-in-law of President-elect Donald Trump, says she's removing herself from consideration for Marco Rubio's Senate seat.
Lara Trump, the daughter-in-law of President-elect Donald Trump, says she's removing herself from consideration for Marco Rubio's Senate seat.
Party City informed employees in an email on Friday that it was conducting an immediate "mass layoff" at its headquarters.
Rickey Henderson is widely considered to be one of the best leadoff hitters and base stealers in baseball.
Mark Burnett helped produce hits like "Survivor" and "The Voice," but is perhaps best known for teaming up with President-elect Donald Trump for "The Apprentice," which first aired in 2004.
The lawsuit lays out Blake Lively's allegations against Justin Baldoni during their time working on "It Ends with Us."
Party City informed employees in an email on Friday that it was conducting an immediate "mass layoff" at its headquarters.
Senators approve a bill to expand Social Security benefits to millions of Americans, with President Biden expected to sign it into law.
Here's what's driving up home heating costs, and how much families are expected to spend this winter.
The IRS said it's sending out checks worth up to $1,400 to 1 million people. Here's what to know about the "special payments."
Government watchdog claims Americans lost hundreds of millions to fraud related to the bank-operated mobile payments network.
Lara Trump, the daughter-in-law of President-elect Donald Trump, says she's removing herself from consideration for Marco Rubio's Senate seat.
Mark Burnett helped produce hits like "Survivor" and "The Voice," but is perhaps best known for teaming up with President-elect Donald Trump for "The Apprentice," which first aired in 2004.
The Senate confirmed two more judges to the federal bench on Friday, giving President Biden a total of 235 since he took office.
Historians say Trump falsely said he was the only president to collect revenue from tariffs on Chinese goods, among other claims.
Government watchdog claims Americans lost hundreds of millions to fraud related to the bank-operated mobile payments network.
Isaac Klapper was 10 years old when he started having episodes of what doctors initially thought was a movement disorder.
Humans aren't alone when it comes to yawning — all vertebrates do it. But why? An expert explains the likely reason behind this "evolutionarily ancient" act.
Skin care is all the rage for teens and tweens these days, but be careful not to give products that could cause more harm than good.
A Chicago man was stuck with a big medical bill after undergoing a colonoscopy that found no evidence of cancer. Here's why.
Some 13 oz. bags of Lay's Classic Potato Chips may contain an undeclared allergen, according to the snack company.
Pope Francis has told Vatican bureaucrats to stop speaking ill of one another, calling gossip "an evil that destroys social life."
In 2024, more than 10,000 people died in traffic accidents in Brazil, according to the Ministry of Transportation.
Inside Gaza, mourners held funerals for 19 people, 12 of them children, killed in Israeli strikes.
The suspect, identified by local media as 50-year-old Taleb A., was arrested after plowing a black BMW into a Christmas market crowded with holiday shoppers in Magdeburg, Germany, killing at least five people and wounding more than 200 others.
The stampede occurred in the early morning at a church in Nigeria, prompting evacuations at the church.
The lawsuit lays out Blake Lively's allegations against Justin Baldoni during their time working on "It Ends with Us."
The New York City Ballet has been performing "The Nutcracker" for decades. Each year, young dancers make their mark on the ballet.
Director Robert Eggers' highly-anticipated horror film "Nosferatu" will hit theaters on Christmas Day. The acclaimed director sat down with CBS Saturday Morning to talk about bringing the classic vampire tale to a new audience.
50 years ago, "The Godfather Part II" was playing in theaters nationwide. The film catapulted Lee Strasberg, whose namesake form of acting preparation was used by some of the film's leads, to stardom. Dozens of the entertainment industry's biggest stars have trained at his institute, learning the techniques of method acting. Michelle Miller went behind the scenes to learn more about "The Method Man."
The New York City Ballet's production of "The Nutcracker" began in 1954 and has remained one of the most enduring shows at Lincoln Center. Two young dancers taking the stage this year opened up about living their dream and keeping a holiday classic alive.
The Supreme Court said Wednesday it will hear an appeal from TikTok over a federal law that would ban the social media giant if it is not sold by its Chinese parent company. Jan Crawford has more.
Elliston Berry's life was turned upside down after a photo she posted on Instagram was digitally altered online to be pornographic.
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.
The Supreme Court plans to hear arguments in January on a challenge to a new law that could lead to the popular social media app TikTok being banned in the U.S. The Biden administration and lawmakers say the Chinese government's ability to collect data from TikTok poses a significant national security risk, while the app and its Chinese parent company ByteDance argue that the law is unconstitutional. CBS News Supreme Court producer Catherine Cole has more.
FAA data shows that lithium battery fires on U.S. flights have risen 388% since 2015, now occurring nearly twice a week.
The 2024 winter solstice, the shortest day of the year, happens on Saturday, Dec. 21, and is marked with traditions and celebrations around the world.
This week a group of plaintiffs in Missouri, Kansas, California and Florida filed a class-action lawsuit against dozens of companies and organizations, claiming they've falsely promoted how easy it is to recycle plastics. CBS News Los Angeles climatologist Marina Jurica has the details.
Humans aren't alone when it comes to yawning — all vertebrates do it. But why? An expert explains the likely reason behind this "evolutionarily ancient" act.
Early Americans may have spent millennia sharing prehistoric savannas and wetlands with enormous beasts, research shows.
The Environmental Protection Agency under President Biden created a new Office of Environmental Justice that seeks to address pollution levels in disadvantaged and marginalized communities. However, there is concern that the incoming Trump administration could do away with the new department. David Schechter reports.
Luigi Mangione, now held in a New York City lock-up, could face the death penalty if convicted of the shooting death of UnitedHealthcare CEO Brian Thompson. The killing is sparking new concerns about violent extremism bubbling across the country.
At least two people are dead and dozens more injured after a vehicle plowed into a crowd at a Christmas market in Magdeburg, Germany. Authorities say the driver of the car was arrested and that it appears to be a deliberate attack. Elaine Cobbe has details.
At least two people were killed and over 60 were injured after a car crashed into a Christmas market in eastern Germany. Authorities arrested a suspect, saying they believe he acted alone in the deliberate act. CBS News national security contributor Sam Vinograd has more details.
At least two people, including a toddler, were killed, and at least 60 more hurt, after a car crashed into a Christmas market in Magdeburg, Germany, in what authorities said appeared to be a deliberate attack. German police said a Saudi man has been arrested, but a motive has not yet been determined. CBS News reporter Anna Noryskiewicz has more.
More than 60 people were injured and at least two killed Friday after a driver rammed into a crowded Christmas market in Magdeburg, Germany. The driver is in custody and local government officials say they suspect the crash was deliberate. CBS News reporter Haley Ott has the latest details.
New analysis techniques and decades-old research helped NASA scientists identify an unusual black hole in a distant galaxy.
Here's why NASA astronauts Suni Williams and Butch Wilmore are stuck, but not stranded, at the International Space Station after launching into space in June.
NASA has delayed the return date for Boeing's Starliner astronauts Butch Wilmore and Suni Williams. CBS News' Manuel Bojorquez reports on the decision to keep the two in space.
NASA Administrator Bill Nelson says he's optimistic the Trump administration will support the space agency's agenda.
Two astronauts who have been stuck in space since June will have to wait until at least the end of March to come home after NASA on Wednesday again pushed back their return date. Derrick Pitts, chief astronomer for the Franklin Institute, joined CBS News to discuss what's causing the delays.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Peterson's death sentence for the murder of his pregnant wife Laci has been overturned. Now his supporters are pushing for a complete retrial.
The seesaw marriage between the former ballerina and her much older husband only lasted four years, until she shot him on Sept. 27, 2020.
Cayley Mandadi's mother and stepfather go to extreme lengths to prove her death was no accident.
Live performances are in full swing this summer. Scroll through our concert gallery, featuring pictures by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
Chicago-based chef Rick Bayless has spent decades traveling to Mexico, bringing the flavors and traditions back to the United States. He's written nine cookbooks and hosted a PBS cooking show, while his restaurants have earned culinary honors, including Michelin stars. Now, on a special holiday edition of the Dish, Bayless opens up about his annual tradition of spending Christmas in Mexico.
Legendary singer-songwriter Ben Folds rose to fame with his band, "Ben Folds Five," before launching a solo career in the early 200s. Since then, he's recorded multiple studio albums and established himself as one of the most ambitious and versatile performers of his generation. This past October, he released his first Christmas collection, "Sleigher," featuring a mix of original songs and reimagined classics. Now from "Sleigher," here is Ben Folds with "The Christmas Song."
Legendary singer-songwriter Ben Folds rose to fame with his band, "Ben Folds Five," before launching a solo career in the early 200s. Since then, he's recorded multiple studio albums and established himself as one of the most ambitious and versatile performers of his generation. This past October, he released his first Christmas collection, "Sleigher," featuring a mix of original songs and reimagined classics. Now from "Sleigher," here is Ben Folds with "Me And Maurice."
Legendary singer-songwriter Ben Folds rose to fame with his band, "Ben Folds Five," before launching a solo career in the early 200s. Since then, he's recorded multiple studio albums and established himself as one of the most ambitious and versatile performers of his generation. This past October, he released his first Christmas collection, "Sleigher," featuring a mix of original songs and reimagined classics. Now from "Sleigher," here is Ben Folds with "We Could Have This."
Director Robert Eggers' highly-anticipated horror film "Nosferatu" will hit theaters on Christmas Day. The acclaimed director sat down with CBS Saturday Morning to talk about bringing the classic vampire tale to a new audience.