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…
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…
The third phase of elections in Azad Jammu and Kashmir (AJK) is currently underway in four constituencies in Poonch Division’s Bagh and Haveli districts, with the PPP alleging rigging in the fresh round of polls as well. Polling began at 8am and will continue until 5pm. Government officials have anticipated clashes in some areas, while…
38m ago Trump says U.S. is “semi-negotiating” with Iran President Trump said on Sunday that the U.S. is “low-keying” negotiations with Iran and signaled a willingness to allow economic pressure to mount on the Islamic Republic. “We are only semi-negotiating with them. We are just watching Iran with its huge inflation and the fact…
The Emmy Award-winning “CBS News Sunday Morning” is broadcast on CBS Sundays beginning at 9:00 a.m. ET. “Sunday Morning” also streams on the CBS News app beginning at 11:00 a.m. ET. (Download it here.) Guest host: Seth Doane Autumn Mowery owns and maintains the Ellsworth Candlepin Bowling Alley in Ellsworth, Maine. CBS News COVER STORY: Rescuing a…
Washington — Republican Sen. Lisa Murkowski said Friday she will oppose Todd Blanche’s nomination as attorney general, narrowing the confirmation path for President Trump’s pick to lead the Justice Department. The Alaska senator said in a statement on social media that she is concerned the Trump administration could proceed with its proposed fund to compensate…
Washington — The Senate Judiciary Committee on Tuesday advanced Todd Blanche’s nomination for attorney general to the Senate floor, clearing a key hurdle for President Trump’s pick to lead the Justice Department. The GOP-led panel voted 12-10 along party lines to advance Blanche’s nomination. The acting attorney general overcame skepticism from Republican Sens. John Cornyn…
The Justice Department moved Monday to dismiss a class action lawsuit brought by Jan. 6 defendants under the Federal Tort Claims Act, arguing that the claims brought by the rioters are prohibited because they were filed after the statute of limitations had expired. “All the claims in the Complaint are ‘forever barred’ due to the…
Acting Attorney General Todd Blanche issued an order Sunday evening formally rescinding plans to create a $1.8 billion fund meant to compensate allies of President Trump. The order came after Republican Senators Thom Tillis and John Cornyn threatened to block Blanche’s confirmation for the permanent position to lead the Justice Department. “The Attorney General’s May…
Even as many workers are fearful that artificial intelligence could endanger their jobs, there’s a potentially bigger employment crisis on the horizon: a severe labor shortage that is set to emerge over the next 10 to 15 years, according to a leading demographer. Demand for young workers is going to “explode” during that period, leaving employers…
