CBS Headline

With word of the Strait of Hormuz reopening, the stock market soared on Friday. Oil prices dropped about 10%, and as a result, gas prices ticked downward. Kelly O’Grady breaks it all down.
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The International Energy Agency warned that Europe could be about six weeks from a major shortage of jet fuel due to supply chain disruptions stemming from the conflict in Iran. Kris Van Cleave reports.
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Households are starting to make room in their budgets for spending on generative AI subscriptions, new data shows.
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On “The Takeout” Thursday night, Republican Rep. Anna Paulina Luna of Florida accused Democratic Sen. Ruben Gallego of Arizona of misconduct allegations that are “sexual in nature.” A spokesperson for Gallego called the claims “right-wing conspiracy theories being parroted by a fringe far-right member of Congress.” CBS News congressional correspondent Nikole Killion has more.
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Spirit executives and other low-cost carriers are expected to meet with Transportation Secretary Sean Duffy next week.
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Sources close to Supreme Court Justices Samuel Alito and Clarence Thomas tell CBS News neither is planning to retire this year.
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CBS News projects that Democrat Analilia Mejia will win the special election in New Jersey’s 11th Congressional District, a seat formerly held by Gov. Mikie Sherrill.
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Health Secretary Robert F. Kennedy Jr.​ testified before the House Ways and Means Committee on Thursday, kicking off an expected sprint of seven budget hearings he’ll attend over the next week.
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Singer and songwriter d4vd has been arrested on suspicion of murder for the death of a 14-year-old whose dismembered body was found last year in a Tesla belonging to the singer.
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President Trump nominated a new director for the Centers for Disease Control and Prevention on Thursday. Dr. Erica Schwartz is a former deputy surgeon general and retired Coast Guard rear admiral.
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