Gas prices on the rise again after OPEC+ cuts oil production
The national average for a gallon of regular now stands at $3.86, up 7 cents since Monday, according to AAA.
OPEC
California issuing gas tax rebates
California is issuing gas tax rebates to millions of residents to help offset high prices at the pump. CBS News correspondent Jonathan Vigliotti joins Errol Barnett and Lana Zak from Los Angeles with details.
OPEC+ announces plan to cut production quotas
Prices of gas are expected to increase in the United States and around the world after the international oil cartel OPEC+ announced its plan to cut production quotas by 2 million barrels a day starting next month. The U.S. accuses OPEC of doing this, in part, to help Russia amid its conflict with Ukraine. Errol Barnett reports.
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.
OPEC announces sharp cut to global oil production
OPEC+ announced a decision to sharply cut oil production in an effort to boost sagging petroleum prices. The cut will likely lead to higher gas and energy prices in the U.S.
Oil production agreement drives market moves
An alliance of oil-producing countries voted to cut production by 2 million barrels per day, leading to fears of higher energy prices over the winter and driving crude futures up. Reuters energy reporter Laura Sanicola joins CBS News' Errol Barnett and Lana Zak to discuss what's moving the market and what might happen to prices at the pump.
OPEC and Russia slash oil production in bid to boost prices
In a move that could drive up gas prices, the oil cartel will cut production by 2 million barrels per day starting in November.
S&P 500 enjoys its biggest gain since July
Stocks start October on a high note after coming off their worst month since COVID-19 crashed financial markets.
Oil-exporting countries to increase production
Axios business reporter Hope King joins CBS News to discuss oil-exporting countries' decision to slightly increase production last month, plus Uber's recent announcement that a record number of drivers and delivery earners joined the company last quarter.
Biden meets with Saudi leaders in Mideast
President Biden is back on U.S. soil after a trip overseas to Israel, the West Bank and Saudi Arabia. CBS News chief White House correspondent Nancy Cordes joined Anne-Marie Green to discuss the outcome of the president's visit and the setbacks he now faces in Washington to his climate change agenda.
Gas prices continue to soar across U.S.
The national average for a gallon of gas in the U.S. is inching closer to $5. Analysts are unsure if or when prices could go down. CBS News correspondent Carter Evans joins "CBS News Mornings" with the latest from California, which has the most expensive gas in the nation.
Dow ends Thursday firmly in the green
Brian Sozzi, editor-at-large and anchor for Yahoo Finance Live, joined CBS News' Tanya Rivero and Nikki Battiste to discuss the latest on the stock market and other financial news.
OPEC considers suspending Russia from oil deal
OPEC is considering suspending Russia from an oil production deal. This comes after the EU announced a ban on the majority of Russian oil imports by the end of the year. John A. Quelch, dean of Miami Herbert Business School at University of Miami, joins CBS News' Tanya Rivero and Errol Barnett with more.
MoneyWatch: Will OPEC produce more oil?
The global oil production alliance OPEC+ is meeting this week to discuss its output as countries ban Russian oil over the country's war in Ukraine. Meanwhile, OPEC members Saudi Arabia and the United Arab Emirates have rejected calls to expel Russia from the larger alliance. Helima Croft, the global head of commodity strategy for RBC Capital Markets, joined "CBS News Mornings" from Dubai, United Arab Emirates, to discuss.
MoneyWatch: How Russia affects energy market
Governors are facing mounting calls to suspend gas taxes as prices at the pump skyrocket nationwide amid Russia's war against Ukraine. Prem Kumar, a principal of Albright Stonebridge Group, part of Dentons Global Advisors, joined "CBS News Mornings" with more.
Gas prices rise amid Russian invasion
Government and organizations are looking to confront rising gas prices. as the war in Ukraine is driving up costs and increasing uncertainty in supply routes. Washington Post reporter Steven Mufson joins CBS News to discuss the latest in the oil industry.
Why tapping oil reserves may not do much to curb gas prices
White House plan aims to offer relief to millions of motorists. But the gains are likely to be modest, according to experts.
OPEC, oil nations agree to unprecedented production cut
Stocks tumbled despite the historic cut of almost 10 million barrels, ushered in through President Donald Trump's efforts.
Markets brace for coronavirus fallout
Uncertainty over the global response to the coronavirus outbreak saw stocks plummet in Asia and Europe. As the U.S. markets prepare to open, futures paint a gloomy picture. CBS News business analyst Jill Schlesinger joins CBSN with the details.
Saudi Aramco surpasses Apple as most valuable company in IPO
Saudi Arabia's oil company reached a value of $1.88 trillion after it started trading on the Saudi Tadawul exchange
Greta Thunberg considered a climate crusader
Climate activist Greta Thunberg is a Swedish powerhouse with a seemingly endless supply of energy. OPEC calls her the greatest threat to the oil industry. Roxana Saberi reports for our "Eye on Earth" series.
OPEC cutting oil output
Oil-producing countries reach a deal to prop up oil prices and some infant ibuprofen products are being recalled for containing an overly high dose. These headlines and more from CBS MoneyWatch.
Blockaded Qatar to pull out of Saudi-dominated OPEC
1st departure of Mideast state from oil cartel is clear message from tiny but fiercely independent nation in heart of the Arab world
Trump says Saudi king wouldn't last 2 weeks without U.S. support
President ratchets up pressure on one of America's closest Mideast allies over rising oil prices, as crude prices reach 4-year high
Trump: OPEC is "doing little to help" with gas prices
In a tweet, the president claims "the OPEC monopoly" is "if anything ... driving prices higher"
live updates
Live updates as Trump, Harris blitz battleground states on final day of campaign
The presidential race between Vice President Kamala Harris and former President Donald Trump is down to its final hours before Election Day 2024.
All the battleground states to watch during the 2024 election
Seven battleground states, which which could swing to either the Democrats or Republicans, hold the keys to the 2024 election between Donald Trump and Kamala Harris.
With election anxieties high, accepting defeat offers hope for democracy
While there may not be a cure for our national angst, there is still one thing that works — fair play.
Elon Musk's $1 million voter sweepstakes may continue, judge says
A judge in Pennsylvania ruled Elon Musk's PAC's $1 million voter sweepstakes can continue through Tuesday's election.
Music legend Quincy Jones dies at 91
Quincy Jones, the multi-talented music legend who collaborated with everyone from Michael Jackson to Frank Sinatra, has died at 91, his family announced.
Ex-officer found guilty in shooting death of Black man who was holding keys
A former police officer who shot and killed Andre Hill has been found guilty in the shooting.
Tropical Storm Rafael forms in the Caribbean, expected to further strengthen
A hurricane warning is in effect for the Cayman Islands and a hurricane watch was issued for parts of Cuba. Jamaica is under a tropical storm watch as Tropical Storm Rafael churns north.
Sheriff's lieutenant apologizes for saying he "won't help Democrats"
Lt. John Rodgers said on Facebook that he would not help Democrats and would require proof of who a person voted for before providing them aid.
What to know about fluoride in water following RFK Jr.'s health claims
Robert F. Kennedy Jr.'s recent comments on fluoride are prompting questions about its safety in drinking water. Here's what to know.
U.S.
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With election anxieties high, accepting defeat offers hope for democracy
While there may not be a cure for our national angst, there is still one thing that works — fair play.
Do you need photo ID to vote for the 2024 election?
As voters prepare to make their final decision in the 2024 presidential race, here's a breakdown of voter ID laws by state.
As a mom of 2 on the campaign trail, I think about elections differently now
I've covered four presidential campaigns, but this one is my first as a mom. This election of a lifetime comes at a precious time in my sons' lives.
Can you register to vote on Election Day? Maps show state-by-state rules
In some states, voter registration deadlines have already passed, but nearly half the states allow same-day registration on Election Day for those who still want to register and vote.
Ex-officer found guilty in shooting death of Black man who was holding keys
A former police officer in Columbus, Ohio, who shot and killed Andre Hill has been found guilty in the shooting.
MoneyWatch
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Here are the 28 states where workers are guaranteed time off to vote
Without a federal law ensuring workers can take time off to vote, some states have stepped up with Election Day voting leave laws.
Election outcome could bring big changes to Medicare
How the U.S. election plays out could have a major impact on the millions of Americans enrolled in Medicare. Here's what to know.
Here's how much Kamala Harris is worth — it isn't just from politics
Beyond her decades in politics, the vice president's earnings include book royalties and investments.
How much prize money do the New York City marathon winners get?
New York City marathon top winners will each earn six figures for outpacing their competitors in the race Sunday.
TGI Fridays files for bankruptcy, as sit-down chain restaurants face challenges
TGI Fridays Executive Chairman Rohit Manocha said "COVID-19 and capital structure" were the primary drivers of the chain's financial challenges.
Politics
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With election anxieties high, accepting defeat offers hope for democracy
While there may not be a cure for our national angst, there is still one thing that works — fair play.
Do you need photo ID to vote for the 2024 election?
As voters prepare to make their final decision in the 2024 presidential race, here's a breakdown of voter ID laws by state.
As a mom of 2 on the campaign trail, I think about elections differently now
I've covered four presidential campaigns, but this one is my first as a mom. This election of a lifetime comes at a precious time in my sons' lives.
Can you register to vote on Election Day? Maps show state-by-state rules
In some states, voter registration deadlines have already passed, but nearly half the states allow same-day registration on Election Day for those who still want to register and vote.
Elon Musk's $1 million voter sweepstakes may continue, Pa. judge says
A judge in Pennsylvania ruled Elon Musk's PAC's $1 million voter sweepstakes can continue through Tuesday's election.
HealthWatch
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What to know about fluoride in water following RFK Jr.'s health claims
Robert F. Kennedy Jr.'s recent comments on fluoride are prompting questions about its safety in drinking water. Here's what to know.
Last-minute tips for coping with election stress, according to experts
As tensions mount ahead of Election Day 2024, here are some last-minute tips to ease stress and anxiety, according to experts.
"Dawson's Creek" alum James Van Der Beek announces cancer diagnosis
The "Dawson's Creek" alum shared the news on Sunday and said that despite the diagnosis, there is "reason for optimism, and I'm feeling good."
How people in recovery hope to change the political landscape
Run for Recovery, a new program, offers a boot camp for people in recovery from substance use who dream of holding political office.
Idaho public health department restricted from giving COVID-19 vaccines
Experts say Southwest District Health in Idaho is the first public health department in the nation to be restricted from giving COVID-19 vaccines.
World
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Gunmen storm hospital, kill patient and 2 police officers
The attackers shot a man recovering from a gunshot wound more than 10 times, then killed officers who tried to stop them, officials said.
Volcano eruption burns homes, killing at least 10 on Indonesian island
Indonesian volcano Mount Lewotobi Laki Laki, one of the "husband and wife mountains" on Flores island, erupts, covering villages in thick ash and hot embers.
Iran reportedly arrests female university student who stripped in protest
Amnesty International calls on Iran to free woman said to have been "violently arrested after she removed her clothes in protest" of harassment by authorities.
Top climber dies in fall on Nepal peak after making historic ascent
"I rappelled down to him and stayed with him for four hours until his light faded," Ondrej Huserka's climbing partner said in an emotional Facebook post.
Biden lauds Moldova election as win for democracy over Russian interference
President Biden lauds Moldovan incumbent Maia Sandu's reelection, saying "Russia sought to undermine" the country's democratic institutions for months.
Entertainment
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Entertainment
From the archives: Music legend Quincy Jones
Producer, composer and arranger Quincy Jones died Sunday, November 3, 2024, at age 91. In this "Sunday Morning" report that originally aired on March 9, 2008, correspondent John Blackstone talked with the impresario about his indelible mark on contemporary music - from being hired by Lionel Hampton at age 15, to his collaborations with icons like Frank Sinatra, to spotting the untapped potential of a young Michael Jackson.
Cole Hauser on "Yellowstone" character
Actor Cole Hauser joins "CBS Mornings" to discuss the return of the hit series "Yellowstone," the Dutton family's fight to protect their land, and his role as Rip Wheeler.
Music legend Quincy Jones dies at 91
Quincy Jones, the multi-talented music legend who collaborated with everyone from Michael Jackson to Frank Sinatra, has died at 91, his family announced.
"Dawson's Creek" alum James Van Der Beek announces cancer diagnosis
The "Dawson's Creek" alum shared the news on Sunday and said that despite the diagnosis, there is "reason for optimism, and I'm feeling good."
U.K. prosecutors mull whether to charge Russell Brand over sex assault allegations
In September 2023, British media outlets Channel 4 and the Sunday Times published claims by four women of being sexually assaulted or raped by Russell Brand between 2006 and 2013.
Technology
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Technology
Officials sound alarm over fake election videos
Three top government agencies are calling out two fabricated videos spreading lies about early voting, and they say a familiar foe is to blame. Nicole Sganga has more.
In Elon Musk's "election integrity" community on X, false claims proliferate
Elon Musk is encouraging X users to report instances of voter fraud in a new group on the platform. Many of the posts are unsubstantiated or false.
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.
Reddit stock price soars after social media player reports rare profit
Reddit's stock leaps nearly 40% after the social media company reported a quarterly profit amid strong user growth.
Report probes phone companies over robocalls
While scam phone calls have slightly decreased in the last three years, scam texts have tripled. A consumer report found that phone companies need to do more to prevent robocalls and texts for customers. CBS News correspondent Nancy Chen has more.
Science
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Science
How 2024 races may affect U.S. climate policy
The presidential race and high-profile congressional contests may be dominating election coverage and fundraising, but many local and state elections are poised to affect the nation's progress on climate action and the shift toward clean energy. CBS News national correspondent Dave Malkoff has more.
Halloween weather breaks records
East Coast and southern U.S. states experienced high temperatures this Halloween, with the heat forecast set to break records. CBS News 24/7 anchor Lana Zak reports on the weather and how New Yorkers celebrated the festivities.
New research on climate and extreme weather
A new report from the World Weather Attribution group has found that the 10 deadliest weather events of the last 20 years were intensified by manmade climate change. CBS News climate correspondent David Schecter has more.
The Climate Election: Transportation, explained
Transportation is a lifeline, but experts say it's aging, underfunded and unable to withstand more frequent and intense extreme weather events. And if changes aren't made quickly, the EPA says the costs will be "steep," with hundreds of billions of dollars of damage every year.
The Climate Election: Disaster recovery
Hurricane Helene is one of the deadliest hurricanes to make landfall in the mainland U.S. For many places across Florida, Tennessee and the Carolinas, recovery could take months or even years — and the next president will play a vital role in what that process looks like when they take office in three months. Here's what to know about Project 2025, former President Donald Trump's and Vice President Kamala Harris' stances on extreme weather, disaster recovery, and the root of the increasing frequency and power of storms — climate change.
Crime
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Gunmen storm hospital, kill patient and 2 police officers
The attackers shot a man recovering from a gunshot wound more than 10 times, then killed officers who tried to stop them, officials said.
Ex-officer found guilty in shooting death of Black man who was holding keys
A former police officer in Columbus, Ohio, who shot and killed Andre Hill has been found guilty in the shooting.
2 women, boy shot dead at altar to folk saint cult "Holy Death"
A leader of the folk saint cult was gunned down along with another woman and child at an altar to the skeletal figure, authorities said.
U.K. prosecutors mull whether to charge Russell Brand over sex assault allegations
In September 2023, British media outlets Channel 4 and the Sunday Times published claims by four women of being sexually assaulted or raped by Russell Brand between 2006 and 2013.
A couple's first date ended in horror after both were shot; only one survived.
During their first date, Leslie Reeves and Chris Smith were ambushed in his Illinois home – both shot in the head. A crime scene investigator described it as one of the most horrific crime scenes he's been to.
Space
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The Taurid meteor showers will peak a week apart in November
Two sister meteor showers are already flashing across night skies — and will peak a week apart.
"Halloween comet" disintegrates after flying close to the sun, video shows
NASA confirmed its sun-observing spacecraft captured the moment when the comet Atlas broke into chunks this week as it passed close to the sun.
Chinese space station gets new crew
A Chinese spacecraft carrying a three-person crew, including the country's first female space engineer, has successfully docked with China's orbiting space station. The launch comes as Beijing works to expand its space exploration and put a person on the moon by 2030.
China's space station gets new crew as Beijing advances Xi's "space dream"
A new crew of three Chinese astronauts, including the country's only woman spaceflight engineer, entered the Tiangong space station following an early morning launch into orbit.
SpaceX Dragon crew taken to medical facility
NASA says three NASA astronauts and one Russian cosmonaut were taken to a medical facility for additional evaluation after splashing down to Earth Friday morning in the SpaceX Dragon Capsule. Derrick Pitts, chief astronomer at the Franklin Institute, joined CBS News to discuss the mission.
Latest Galleries
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Notable Deaths in 2024
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
The troubled marriage of Ashley and Doug Benefield
The seesaw marriage between the former ballerina and her much older husband only lasted four years, until she shot him on Sept. 27, 2020.
Evidence in "The Dexter Killer" case
A look at the evidence in "The Dexter Killer" case; plus, newly revealed letters from the man police say wanted to be like fictional serial killer Dexter Morgan.
Clues and evidence in the John McCabe case
A teenager's murder in Lowell, Massachusetts, goes unsolved for more than 40 years -- were the clues there all along?
Summer music heats up 2024
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.
Latest CBS News Videos
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Latest CBS News Videos
FBI ramping up security ahead of Election Day
Law enforcement and intelligence agencies across the federal government are assembling operation centers in preparation for Election Day. CBS News' David Becker, Nicole Sganga and Catherine Cole have more.
Larry Hogan assesses state of his Senate race
Former Maryland Gov. Larry Hogan is hoping to flip the state's open Senate seat from blue to red. Hogan joins CBS News to assess the state of his campaign one day out from Election Day.
Migrants anxiously monitoring U.S. election
Immigration is one of the leading issues in the 2024 presidential race. The outcome of the election could dramatically change U.S. border policy, and impact thousands of migrants hoping to enter America. CBS News immigration and politics reporter Camilo Montoya-Galvez traveled to northern Mexico to speak to those anxiously monitoring the election from the other side of the border.
U.S. intelligence agencies prepare for Nov. 5
The FBI says its election command center is staffed 24/7 to deal with any election-related security issues that pop up in the coming days. CBS News contributors Sam Vinograd and Andrew Boyd join to discuss what you should know about the possible threats to the election.
Debunking conspiracy theories before Nov. 5
Disinformation is still spreading in the final hours before Election Day. CBS News Confirmed executive editor Rhona Tarrant joins to debunk some of the latest conspiracy theories.