Unable to Update Webpack for React Project - npm

Question

Right now my current project is using an old version of webpack (3.5.1) and I need to update it to a version that can understand object spread because an npm module would not compile because of older webpack version.
If I run npm update webpack I get the following error:
npm ERR! code ERESOLVE
npm ERR! ERESOLVE could not resolve
npm ERR!
npm ERR! While resolving: css-loader#1.0.1
npm ERR! Found: webpack#3.5.1
npm ERR! node_modules/webpack
npm ERR! webpack#"3.5.1" from the root project
npm ERR! peer webpack#"2 || 3" from babel-loader#7.1.1
npm ERR! node_modules/babel-loader
npm ERR! babel-loader#"7.1.1" from the root project
npm ERR! 10 more (extract-text-webpack-plugin, file-loader, ...)
npm ERR!
npm ERR! Could not resolve dependency:
npm ERR! peer webpack#"^4.0.0" from css-loader#1.0.1
npm ERR! node_modules/css-loader
npm ERR! dev css-loader#"1.0.1" from the root project
npm ERR!
npm ERR! Conflicting peer dependency: webpack#4.46.0
npm ERR! node_modules/webpack
npm ERR! peer webpack#"^4.0.0" from css-loader#1.0.1
npm ERR! node_modules/css-loader
npm ERR! dev css-loader#"1.0.1" from the root project
I tried to force update but it didn't work either.