Labor Day travel costs skyrocket
Labor Day travel costs skyrocket – CBS News Watch CBS News Millions of Americans are set to travel home on Monday as gas prices continue to climb. Lilia Luciano reports. Source link
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Are mortgage rates heading back above 7%? Here’s what experts think.
Mortgage rates have confounded house hunters this year by steadily ticking higher. That trend is likely to continue, according to economists, with some predicting rates will climb back above 7%. “We’re effectively there,” Mark Zandi, chief economist at Moody’s Analytics, told CBS News. “And rates could easily go over.” The average rate for a 30-year…
Smuggler who brought migrants through tunnel under U.S.-Mexico border pleads guilty
More than a year and a half after the discovery of an underground tunnel beneath the U.S.-Mexico border, a key figure in the smuggling network has pleaded guilty to one count of conspiracy to bring migrants into the United States. Prosecutors said Mexican smuggler Luis Carlos Davalos-Lopez helped run an illicit operation that charged migrants as…
California couple recounts surviving deadly Nepal flood: “I knew I was going to die”
A couple from the San Francisco Bay Area who were on a pilgrimage to Tibet told CBS News on Friday that they thought they were going to die when they saw a mountain of water coming toward them earlier this week. “I knew I was going to die,” Anjana Raja told CBS News. “I knew…
Nepal flash flood rescue efforts intensify as death toll rises
Kathmandu, Nepal — Rescuers pulled out survivors caked in dark brown mud and helicopters lifted stranded people to safety Friday as Nepal and China raced to respond after catastrophic flash floods killed more than 470 people and left more than 1,500 missing. Nepal authorities said the death toll there rose to 469, injured people were taken…
Trump threatens defamation suit against left-leaning think tank
President Trump’s legal team is threatening to sue left-leaning think tank Center for American Progress for defamation over a report it issued in July that found “no evidence that National Guard deployments have reduced violent crime.” In an Aug. 17 letter, Mr. Trump’s lawyer, Alejandro Brito, claimed the report contains materially false statements intended to…
What’s happening at Big Bend? The fight to protect one of America’s last wild places
Alpine, Texas — Months after Congress approved billions for infrastructure across one of the least-trafficked stretches of the southern border, bulldozers arrived at Big Bend National Park, West Texas’s wild crown jewel. What followed was an unlikely revolt against President Trump’s decade-old promise to build a wall. Cattle ranchers, environmentalists, sheriffs, Republican senators and country singers…
Full transcript of “Face the Nation with Margaret Brennan,” Aug. 16, 2026
On this “Face the Nation with Margaret Brennan” broadcast, moderated by Ed O’Keefe: Kentucky Gov. Andy Beshear, a Democrat Rep. Don Bacon, Republican of Nebraska Anthony Salvanto, CBS News executive director of elections and surveys Pennsylvania state Rep. Chris Rabb Wall Street Journal reporter Sabrina Rodriguez, NOTUS reporter Paul Kane, The Atlantic staff writer Toluse…
Indiana floods trigger rescues and evacuations as White River breaks century-old record
Several dozen people and their pets were rescued Saturday as floodwaters rose along the White River in Indianapolis, and emergency managers said that number was expected to climb as authorities in the city and elsewhere in central Indiana responded to what many described as historic flooding. “This is one of those once-in-a-lifetime type floods,” Jacob…
AI is driving up consumer prices. That won’t stop anytime soon, experts say.
The torrent of corporate spending on artificial intelligence in the U.S. is driving up consumer prices, working against efforts to cool inflation. AI requires enormous computing power, driving demand for the semiconductors that enable it. Rising chip costs are also prompting electronics manufacturers to raise prices on smartphones, computers, software and other tech accessories. Consumers are…
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