Oil giants see profits surge as Iran war drives energy prices higher – CBS News Watch CBS News America’s biggest oil companies are reporting massive profits as the Iran war continues to disrupt global energy supplies. CBS News business contributor Javier David joins with analysis. Source link
Energy companies Exxon and Chevron rake in huge profits as fighting between US and Iran drive energy prices higher Source link
For Kasey McBlais, a 42-year-old single mom who lives in Maine with her two elementary school-aged children, the cost of running a household is only getting more expensive, from buying groceries to paying for her home’s upkeep. “It’s really challenging,” McBlais, who works at a nonprofit, says of managing her expenses. “It’s paycheck to paycheck.” … Read more
As back-to-school season approaches, families will face higher prices for supplies and other costs for the upcoming academic year, a new analysis found. The cost of a typical basket of school items, including notebooks, lunch boxes and index cards, is up nearly 8% this year compared to 2025, according to research from The Century Foundation, a … Read more
Americans struggling with even higher energy costs: “I’m getting shafted at the pump” – CBS News Watch CBS News The escalating war with Iran is threatening even higher energy costs for Americans as many are already struggling with affordability. Olivia Gazis reports. Source link
In a tense hearing, Defense Secretary Pete Hegseth told lawmakers that the Iran war has cost the U.S. at least $37.5 billion. Sources told CBS News the total cost is likely higher. CBS News’ Aaron Navarro has more details. Source link
The national average for a gallon of gas is just over $4, which is up about 17 cents from only a week ago and 91 cents higher compared to this time last year, according to AAA. It comes as tensions escalate between the U.S. and Iran. Cristian Benavides reports. Source link
Lucy Rice works 20 hours a week at an unpaid internship, writing and editing stories for a weekly hyperlocal newspaper in New York City. She plans to finish graduate school and then look for work that would eventually allow her to produce longer, explanatory journalism. A friend told her about Straus News, where she is … Read more
President Trump on Friday threatened additional tariffs on Canada for wildfires that have blanketed large parts of the Midwest and East Coast in smoke in recent days, blaming the U.S.’ northern neighbor for failing to contain the blazes. “We are holding Canada responsible for the fact that they are not properly maintaining their Forests, and … Read more
Trump threatens Canada with higher tariffs over wildfire smoke – CBS News Watch CBS News President Trump on Friday called the smoke from wildfires in Canada trickling into U.S. airspace unacceptable, saying he would hold the country responsible. CBS News congressional reporter Taurean Small has the latest. Source link