6/13: CBS News Mornings
House Jan 6. committee holding second hearing; New Jersey gas tops $5 for first time
Gas Prices
6/15: CBS News Mornings
Fed likely to announce interest rate hike; Texas lawmaker demands answers on police response.
Stocks jump, with Wall Street on track for rare winning week
Financial markets are rising, with some analysts predicting an economic slowdown rather than a recession.
High gas prices sting millions who rely on driving for work
"If you are the company that requires everyone to come in all the time, you're a pariah," said one employer.
Biden faces gas tax holiday roadblocks
President Joe Biden is hoping his proposed gas tax holiday would get prices on gas and diesel down. but he's getting pushback from both Republicans and Democrats. CNS News Senior White House and Political Correspondent Ed O'Keefe joins CBS News Mornings with more.
Biden proposes federal gas tax holiday
President Biden is calling on Congress to suspend the federal 18-cent federal gas tax and 24-cent federal diesel tax. CBS News chief White House correspondent Nancy Cordes reports.
Biden urges Congress to suspend gas tax for 3 months
President Biden called on Congress to halt the federal gas tax for three months as gas prices soar. But there's debate about whether it will actually help consumers. Nancy Cordes has the details.
Biden calls for three-month federal gas tax "holiday"
The idea, which would require the support of Congress, is already being met with skepticism.
Biden faces uphill battle on gas tax holiday
President Biden is urging Congress to pass his proposed three-month federal gas tax holiday. But lawmakers in his own party are skeptical it would help consumers. CBS News chief White House correspondent Nancy Cordes has the latest.
Stocks droop on Fed's commitment to "restore price stability"
Stocks have slumped in recent weeks amid investor fears that sharply higher interest rates could trigger a recession.
President Biden calls for gas tax holiday
President Joe Biden is urging congress to pass a three-month federal gas tax holiday. However, some Democrats -- including former President Barack Obama -- have long criticized the idea. CBS News Senior White House and Political Correspondent Ed O'Keefe has more on why Biden is moving forward with this proposal.
Fed will keep raising interest rates as long as appropriate
Fed Chairman Jerome Powell acknowledged recession is possible but later said its likelihood is not "particularly elevated right now."
President Biden considers gas tax holiday
President Biden is considering a gasoline tax holiday to address rising prices amid inflation, but the measure would require congressional approval before taking effect. CBS News political contributor and Washington Post deputy politics editor Sean Sullivan explains why a plan to pause federal gas taxes would likely face an uphill battle on Capitol Hill.
Stocks bounce back after steep selloff last week
Financial markets rebounded Tuesday, but some analysts think U.S. stocks have yet to touch bottom.
White House says recession is not inevitable
As inflation remains high and the stock market falls, U.S. Treasury Secretary Janet Yellen and other White House officials are amplifying President Joe Biden's message that a recession is not inevitable. CBS News anchors Anne-Marie Green and Vladimir Duthiers spoke with political correspondent Caitlin Huey-Burns about the Biden Administration's potential plans to offer temporary relief from rising gas prices.
Biden says he'll decide soon on possible gas tax holiday
Soaring gas prices are putting pressure on the president to take action.
Mortgage rates in the U.S. jump by most in 35 years
Borrowing costs for a typical home loan surged a day after the Federal Reserve hiked its benchmark rate.
6/15: Red and Blue
Biden pushes oil companies on gas production; FDA panel supports COVID vaccine for kids under 5
Biden calls out oil companies as gas prices soar
President Biden sent letters to several U.S. oil companies Wednesday, asking them to do more to reduce the price of gas. Zeke Miller, a CBS News political contributor and White House reporter for the Associated Press, joined Matt Pieper to discuss the issue.
Biden calls on oil companies to produce more gas
In a letter to several oil companies, President Joe Biden asked them to work with the White House to bring down high gas prices. CBS News correspondent Skyler Henry and CBS News senior White House and political correspondent Ed O'Keefe report.
Station manager fired after selling gas for 69 cents a gallon
California service station manager John Szczecina misplaced the decimal on $6.99 per gallon gas. Now he's out of a job.
Energy secretary says there's no "quick fix" to high gas prices
She says the Biden administration is working to address the issue but warned that it could take time.
President Biden to travel to Saudi Arabia in July
President Joe Biden is set to visit Saudi Arabia next month as part of his first trip to the Middle East since he took office. Sean Sullivan, CBS News political contributor and a White House reporter for the Washington Post, joins Elaine Quijano to discuss the trip.
Russia's impact on U.S. gas prices
Russia’s invasion of Ukraine continues to weigh on American wallets. The cost of oil is now more than $120 a barrel, resulting in record high gas prices. Ellen Wald, the president of Transversal Consulting and a senior fellow at the Atlantic Council’s Global Energy Center, joins CBS News to discuss the impact the war in Ukraine is having on gas prices worldwide.
Stocks continue to fall, a day after S&P enters bear market
Volatility follows Monday's turmoil which brought panic among many worried about their 401(k) retirement savings.
live updates
Government shutdown begins as White House moves to cut billions in funding
The first government shutdown in nearly seven years is underway as Republicans and Democrats remain at an impasse over 2025 funding. Follow live updates here.
Jane Goodall, renowned conservationist, dies at 91
British conservationist Jane Goodall spent her life researching and educating others about chimpanzees and the natural world.
These hospitals face major flood risk. Experts say Trump is making it worse.
Hospitals across the U.S. are at risk of significant flooding, and climate experts warn that the Trump administration's cuts leave the nation less prepared.
Investors are unfazed about the government shutdown. Here's why.
Data shows government shutdowns tend to have a modest impact on financial markets and the broader U.S. economy.
Trump press secretary Karoline Leavitt retakes prime West Wing office space
White House press secretary Karoline Leavitt is reclaiming the press secretary's traditional West Wing office — a roomy space with a fireplace.
U.N. Ambassador Mike Waltz isn't part of Trump's Cabinet, sources say
President Trump has decided the position will not be a Cabinet-level post, according to several sources familiar with the matter.
NYC high-rise partially collapses after explosion
Emergency crews are responding to reports of a possible gas explosion and partial building collapse in the Mott Haven section of the Bronx.
Legal threats hang over governor's race after report on Sherrill's military records
The National Archives admitted it had erred in releasing a mostly unredacted version of Mikie Sherrill's military records to an ally of her opponent.
Iowa teen dies after being mistaken for squirrel during hunting trip
A 17-year-old hunter died in rural Iowa after he "was mistaken for a squirrel by a member of his hunting party," state officials said.