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.
Exclusive
Less than 14% of those ICE arrested had violent criminal records, data show
The official DHS statistics, which had not been previously reported, provide the most detailed look yet into who ICE has arrested during the Trump administration's crackdown.
Ghislaine Maxwell's lawyer says she'll testify if Trump grants her clemency
Ghislaine Maxwell's lawyer said she would be willing to cooperate with a House panel's probe if President Trump grants her clemency, and would testify that he is "innocent of any wrongdoing."
Nancy Guthrie search enters 2nd week as deadline looms
The FBI says it is taking two emails seriously, including what appears to be a ransom note with a second deadline set for later on Monday.
Best and worst Super Bowl commercials of 2026 as rated by experts
Google and Pepsi were among the best ads of the Big Game, while Coinbase and ai.com got failing grades, according to one ranking.
Vonn responds to well-wisher in first social media post after crash
Lindsey Vonn thanked a journalist who wished her well on social media a day after suffering a broken leg in a devastating crash at the Winter Olympics in Italy.
Winter Olympics committee says it's looking into medals breaking apart
Some 2026 Winter Olympics athletes say their winning medals are falling apart, coming detached from their ribbons.
New video from deadly Brown University shooting is released
New video footage from the day of the Brown University shooting that killed two students and injured nine others was released Monday.
China sentences Hong Kong media mogul Jimmy Lai to 20 years in prison
Family of Jimmy Lai, a Hong Kong media tycoon and vocal critic of China's Communist rule, calls his prison sentence cruel, and the "end of justice."
Bad Bunny's Super Bowl halftime show brings the party, showcases Latin culture
The 31-year-old Puerto Rican artist Bad Bunny took the stage on Sunday dressed in all white, donning a jersey with his last name, Ocasio, and the number 64.
U.S.
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Strangers help man and his dog survive winter storm in South Carolina
A man and his dog in a small South Carolina town had nowhere to turn when a rare winter storm struck, until the community pulled together to help.
Bad Bunny holds top 6 spots on U.S. Spotify chart after Super Bowl show
Puerto Rican superstar Bad Bunny, born Benito Antonio Martínez Ocasio, is one of the most-streamed artists on the planet.
Eddie Bauer's retail operator declares bankruptcy
Eddie Bauer, a 106-year-old retailer, points to declining sales and "tariff certainty" as factors behind its latest move to seek bankruptcy protection.
Ghislaine Maxwell's lawyer says she'll testify if Trump grants her clemency
Ghislaine Maxwell's lawyer said she would be willing to cooperate with a House panel's probe if President Trump grants her clemency, and would testify that he is "innocent of any wrongdoing."
New video from deadly Brown University shooting is released
New video footage from the day of the Brown University shooting that killed two students and injured nine others was released Monday.
MoneyWatch
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Eddie Bauer's retail operator declares bankruptcy
Eddie Bauer, a 106-year-old retailer, points to declining sales and "tariff certainty" as factors behind its latest move to seek bankruptcy protection.
Best and worst Super Bowl commercials of 2026 as rated by experts
Google and Pepsi were among the best ads of the Big Game, while Coinbase and ai.com got failing grades, according to one ranking.
"Black carbon" in Arctic an increasing concern amid other issues in region
"Black carbon," or soot, that spews from ships and makes the Artic Ocean ice melt even faster is an increasing concern in a region beset with many other issues.
As Cadillac races to first F1 season, insiders advise patience for U.S. fans
For the first time, a major U.S. automaker is putting a team up against the European giants of Formula One. Can Cadillac be a contender?
Diamonds endure as the industry feels the pressure
For over five centuries, Antwerp's diamond district has been the cornerstone of the global diamond trade. Now, that legacy is under strain.
Politics
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Ghislaine Maxwell's lawyer says she'll testify if Trump grants her clemency
Ghislaine Maxwell's lawyer said she would be willing to cooperate with a House panel's probe if President Trump grants her clemency, and would testify that he is "innocent of any wrongdoing."
Exclusive
Less than 14% of those ICE arrested had violent criminal records, data show
The official DHS statistics, which had not been previously reported, provide the most detailed look yet into who ICE has arrested during the Trump administration's crackdown.
Gonzales defends conditions at Texas detention center with measles outbreak
Rep. Tony Gonzales said the Dilley detention facility, which houses families and children, is "nicer than some elementary schools."
Lawmakers in standoff over ICE reforms as DHS funding deadline approaches
Republicans and Democrats in Congress are locked in a standoff over reforming the nation's immigration enforcement operation as a deadline to reach a resolution and fund the Department of Homeland Security approaches.
Full transcript of "Face the Nation with Margaret Brennan," Feb. 8, 2026
On this "Face the Nation with Margaret Brennan" broadcast, Sen. Mark Warner and Rep. Tony Gonzales join Margaret Brennan.
HealthWatch
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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.
Her deadly diagnosis only had 1 warning sign. Here's how she survived.
Becca Valle, then 37, enrolled in a cutting-edge clinical trial after surgery removed an aggressive tumor from her brain.
California urges avoiding wild mushrooms after deaths, liver transplants
More than three dozen cases of death cap mushroom poisonings have been reported in California since November, health officials said.
See the 43 drugs available on new discounted drug site TrumpRx
Here's what to know about TrumpRx, including how it works, who can use it, and how much money it can save.
White House launches TrumpRx discounted drug site
The Trump administration launched its new TrumpRx direct-to-consumer prescription drug listing site late Thursday, part of a push to offer medication at steep discounts.
World
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Meet the American girl skiing into Philippines Winter Olympics history
Skier Tallulah Proulx, 17, was raised in the U.S., but she's making Olympic history as the Philippines' first female, and youngest athlete in any Winter Games.
13 people died in Italian mountains over last week as Olympics start
Fresh snowfall during recent storms and wind-swept snowcaps on weak internal layers have created especially risky conditions, rescuers said.
Winter Olympics committee says it's looking into medals breaking apart
Some 2026 Winter Olympics athletes say their winning medals are falling apart, coming detached from their ribbons.
Vonn responds to well-wisher in first social media post after crash
Lindsey Vonn thanked a journalist who wished her well on social media a day after suffering a broken leg in a devastating crash at the Winter Olympics in Italy.
2 babies among dozens missing as migrant boat sinks off Libya
The International Organization for Migration says two infants are among at least 53 people feared dead or missing after a boat capsized off Libya's coast.
Entertainment
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Entertainment
Cultural impact of Bad Bunny's performance
Ingrid Fajaro, a staff writer at Billboard, joins CBS News 24/7 to discuss the cultural impact of Bad Bunny's halftime performance at Super Bowl LX.
Bad Bunny holds top 6 spots on U.S. Spotify chart after Super Bowl show
Puerto Rican superstar Bad Bunny, born Benito Antonio Martínez Ocasio, is one of the most-streamed artists on the planet.
Ranking the 2026 Super Bowl ads
Ad Age editor-in-chief Jeanine Poggi joins "CBS Mornings" to break down which ads during Super Bowl LX stood out and if some missed the mark.
The evolution of the quad, ice skating's most daring jump
When self-proclaimed "Quad God" Ilia Malinin landed seven quad jumps in a single program last December, he boisterously ushered in a new era of skating with his daring routines.
Recapping Super Bowl LX
The Seattle Seahawks beat the New England Patriots 29-13 in Super Bowl LX on Sunday. Bad Bunny's halftime show highlighted Puerto Rican culture and featured Ricky Martin and Lady Gaga, but drew criticism from President Trump. CBS News correspondent Nidia Cavazos has more.
Technology
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Super Bowl fans warned to leave drones at home amid flight ban
The FAA says it is collaborating with the FBI to detect, track and assess unauthorized drone activity at the Super Bowl.
Ukrainian military drone simulator adapted for video gamers in world first
Gamers across the world can now recreate drone strikes in Ukraine from the comfort of their own home, with this newly released game.
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.
How will AI transform the workforce?
CBS News business analyst Jill Schlesinger talks about how companies are using artificial intelligence, the discussion around the technology and how it's impacting the workforce.
Tesla, Waymo leaders defend product safety
Executives from Waymo and Tesla defended their self-driving vehicle technology in testimony before the Senate Commerce Committee on Wednesday. CBS News' Kris Van Cleave reports and Ian Krietzberg, an AI correspondent at the digital media company Puck, has more.
Science
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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
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Crime
Update on Guthrie search, now in second week
Authorities are still searching for Nancy Guthrie, the mother of "Today" show host Savannah Guthrie, as another apparent ransom deadline approaches. Guthrie was reported missing on February 1. CBS News' Andres Gutierrez has more.
Latest on Ghislaine Maxwell deposition
Ghislaine Maxwell invoked the Fifth Amendment and refused to answer questions during a virtual deposition before the House Oversight Committee on Monday. CBS News' Katrina Kaufman has the latest.
Retired FBI negotiator on Nancy Guthrie probe
An apparent second ransom deadline is set for Monday in the disappearance of Nancy Guthrie after her children post another video telling her possible abductor "we will pay" for her safe return. Gregory M. Vecchi, a retired FBI negotiator and former chief of the agency's Behavioral Science Unit, joins CBS News 24/7 to discuss the investigation.
Maxwell pleads the Fifth before House panel
Ghislaine Maxwell invoked the Fifth Amendment and refused to answer questions during a virtual appearance before the House Oversight Committee on Monday as part of its probe into Jeffrey Epstein. CBS News' Jake Rosen and Taurean Small have the latest.
Timeline of Nancy Guthrie investigation
The investigation into the disappearance of "Today" show co-host Savannah Guthrie's 84-year-old mom, Nancy, continues in its second week. CBS News' Andres Gutierrez breaks down the timeline so far.
Space
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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
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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
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Latest CBS News Videos
Update on Guthrie search, now in second week
Authorities are still searching for Nancy Guthrie, the mother of "Today" show host Savannah Guthrie, as another apparent ransom deadline approaches. Guthrie was reported missing on February 1. CBS News' Andres Gutierrez has more.
Maxwell lawyer says she'll testify for clemency
Ghislaine Maxwell, a longtime associate of convicted sex offender Jeffrey Epstein, invoked the Fifth Amendment and refused to answer questions during a virtual appearance before the House Oversight and Government Reform Committee on Monday. Her lawyer, though, said she would be willing to cooperate if President Trump grants her clemency. CBS News justice reporter Jake Rosen has more.
Trump, Netanyahu to meet over Iran
President Trump is set to meet with Israeli Prime Minister Benjamin Netanyahu on Wednesday at the White House over Iran nuclear negotiations. CBS News Middle East reporter Courtney Kealy has more.
Lindsey Vonn breaks leg in race at Olympics
American skier Lindsey Vonn crashed 13 seconds into her downhill race at the 2026 Winter Olympics just two weeks after she ruptured her left ACL in a prior crash. Medical teams airlifted Vonn to a hospital where she underwent an "operation to stabilize a fracture reported in her left leg."
Trump pushes for SAVE America Act
President Trump is backing a new bill called the Safeguard American Voter Eligibility Act, or SAVE America Act, which includes photo ID requirements to vote. CBS News senior White House correspondent Weijia Jiang has the latest.