The U.S. is the world’s leading oil producer. So why are gas prices soaring?

Motorists are paying sharply higher fuel prices since the outbreak of the Iran wasdespite the U.S. being the world’s largest oil producer. Why? After all, as of 2023 (the latest data available), the U.S. churned out roughly 13 million barrels of crude a day, according to the Energy Information Administration (EIA). That compares with roughly 10 …

Read more

Ali Larijani, Iran’s top security official, killed in airstrike, Israel says. Here’s why his death is significant.

Top Iranian security official Ali Larijani was killed in overnight strikes, Israel said Tuesday, marking a significant moment for the Islamic Republic in the conflict. Israeli defense minister Israel Katz said in a statement that Larijani was “eliminated.” There was no immediate confirmation out of Iran on his apparent killing. Larijani, the head of Iran’s …

Read more

Exclusive discounts from CBS Mornings Deals

Exclusive discounts from CBS Mornings Deals – CBS News Watch CBS News On this edition of CBS Mornings Deals, we show you items that might just become essentials in your everyday life. Visit cbsdeals.com to take advantage of these exclusive deals today. CBS earns commissions on purchases made through cbsdeals.com.

How much does becoming a homeowner at 30 boost your net worth?

Buying that first home earlier in life can put you on a stronger path to building wealth, according to Realtor.com. On average, Americans who manage to become homeowners by age 30 are $119,000 richer by the time they’re 50 than people who wait until their mid-to-late 40s to take the plunge, the online real estate …

Read more