The U.S. economy has remained resilient over the past two years despite a slowing labor market, trade wars and resurgent inflation, but economists are now warning that a convergence of new and lingering threats could test its strength. The “worry list is growing more worrisome,” Ed Yardeni, president and chief investment strategist of Yardeni Research,…
Goldman Sachs is warning that heightened attacks in the Persian Gulf and Red Sea could push global oil prices above $120 a barrel, which would add to the surging fuel costs Americans have faced during the Iran war. The investment bank’s forecast implies a roughly 20% increase in the cost of Brent crude, the international…
The war with Iran is pushing up oil and gas prices, creating widespread financial strain on U.S. motorists, food delivery drivers, farmers as well as the U.S. Postal Service. Average U.S. gas prices topped $4 per gallon on March 31 for the first time since 2022, according to AAA. Analysts say prices are likely to remain elevated until shipping resumes in the Strait of Hormuz, a key…
Gasoline prices are surging ahead of Labor Day, with AAA predicting travelers will face the highest pump prices on record for the holiday weekend amid ongoing conflict in the Strait of Hormuz. The national average for regular gasoline reached $4.14 a gallon Thursday, up 4 cents from a week earlier, according to AAA data. Diesel averaged…
President Trump on Friday said a U.S. deal with Venezuela to tap its oil reserves “will substantially lower Gas Prices for all Americans, long into the future.” With the average U.S. gas price still above $4 a gallon nationwide, American consumers may be wondering if help is on the way. Don’t hold your breath, energy…
On this “Face the Nation with Margaret Brennan” broadcast, moderated by Margaret Brennan: Neel Kashkari, Minneapolis Fed president and CEO Dr. Mehmet Oz, Centers for Medicare & Medicaid Services administrator Dr. Scott Gottlieb, former FDA commissioner Rep. Byron Donalds, Republican of Florida and candidate for governor Rep. Seth Moulton, Democrat of Massachusetts and…
The following is the transcript of an interview with Dr. Mehmet Oz, Centers for Medicare & Medicaid Services administrator, that aired on “Face the Nation with Margaret Brennan” on Aug. 23, 2026. MARGARET BRENNAN: And we are joined now by the Administrator of the Centers for Medicare and Medicaid Services, Dr. Mehmet Oz. Welcome back…
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…
The Trump administration has been quietly deporting migrants from Mexico to different countries in Central America despite the Mexican government’s willingness to accept the return of all its citizens, two Department of Homeland Security officials told CBS News. U.S. immigration authorities have been sending deportees from Mexico to Guatemala and Honduras, flying them around Mexican…
Rome — A 30-year-old American tourist died Sunday after being struck by lightning on Italy’s Mount Etna, according to Italy’s national news agency ANSA and other major news outlets. The man, whose name has not been confirmed by authorities, was hiking on the volcano when a powerful thunderstorm moved across the area. According to initial reports…
