Business

161 stories

7-Eleven to Close 645 North American Stores

7-Eleven plans to close 645 stores in North America during fiscal 2026, according to earnings filings published last week by parent company Seven & i Holdings Co. The company said the closures "include the conversion to...

Chevron Executive Urges Drivers to Cut Fuel Use

April 14, 2026 — CBS News With gasoline prices climbing in the U.S. and around the world amid the war with Iran, Chevron executive Andy Walz advised Americans to reduce driving and conserve energy to help lower pump...

Chevron: Venezuelan Oil Eases U.S. Gas Prices

By Megan Cerullo Updated April 14, 2026 / 6:20 PM EDT / CBS News Chevron’s stepped-up imports of Venezuelan crude are helping to ease fuel costs for American drivers, a senior company executive told CBS News. Andrew...

March CPI Jump Fueled by Iran War Energy Shock

Updated April 10, 2026 — A surge in global energy costs tied to the Iran war pushed U.S. inflation sharply higher in March, with the Consumer Price Index registering a 3.3% annualized increase — the strongest reading in...

Could an Iran Ceasefire Lower U.S. Gas Prices?

Updated April 9, 2026 A last-minute ceasefire between the United States and Iran has calmed immediate market fears, but analysts say drivers should not expect a swift or dramatic drop in pump prices. Patrick De Haan...

Iran Conflict Threatens Inflation Rebound

The war with Iran is threatening to reverse recent gains against inflation, economists say. A CBS News survey of six forecasters finds the Consumer Price Index for March is expected to show prices rising at a 3.3%...

Delta raises checked-bag fees; third bag now $200

By Megan Cerullo Reporter, MoneyWatch Updated April 8, 2026 / 2:58 AM EDT / CBS News Delta Air Lines is boosting fees for checked luggage as jet fuel prices climb amid tensions with Iran. The carrier said the change...

Cost to Raise a U.S. Child Tops $300,000

April 7, 2026 — Raising a child from birth through age 18 now carries an estimated price tag of $303,418, LendingTree reports — the first time their calculation has exceeded $300,000. That total averages about $16,857...

Rising Gas and Car Prices Squeeze U.S. Buyers

Global tensions, including the war in Iran, and other international factors have pushed U.S. fuel costs sharply higher. The nationwide average for a gallon of regular gasoline is about $4.10, up from roughly $3.19 a...

Costco Sauté Pans Recalled After Handle Caps Eject

Published April 4, 2026 — A two-piece set of Granitestone Diamond Pro Blue Stainless sauté pans has been recalled after reports that the metal cap on the handle heated up and “forcefully ejected.” Manufacturer E Mishan...

Farm Closures, Consolidation Rise Amid Soaring Costs

A Politico analysis of new USDA data shows U.S. farms are under increasing financial strain: nearly 150,000 farms have disappeared in the past five years and total farmland fell by more than 21 million acres. The number...

Why March Jobs Beat Expectations

The March payrolls report surprised on the upside: the Bureau of Labor Statistics showed payrolls up 178,000 versus the Dow Jones consensus near 59,000, and the unemployment rate edged down to 4.3% from 4.4%. But the...