Mike Ramsey

The U.S. average gas price has jumped 48 cents since last week, with experts predicting that higher fuel costs could persist for months.

After a sharp drop in early trading, stocks recovered part of those losses as oil prices fell back below $100.

President Trump's assurances that a rising U.S. death toll and soaring energy prices will be temporary and worth the pain are failing to assuage jittery investors.

Two men from Pennsylvania are facing federal charges for the incident. Video captured someone yelling "Allahu Akbar" just as a protester threw an "ignited device" during an anti-Islam demonstration in New York City.

President Trump told CBS News the U.S. war with Iran is "very complete," and said the U.S. "could do a lot" about the Strait of Hormuz.