Washington — Saudi Crown Prince Mohammed bin Salman has personally pressed President Trump to take military action against the Iran-backed Houthis as Houthi forces have advanced rapidly along Yemen’s Red Sea coast, two sources familiar with the matter told CBS News, adding that Mr. Trump and the crown prince have spoken multiple times in recent…
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…
Treasury yields edged higher on Tuesday, extending a global bond sell-off and threatening to raise borrowing costs for millions of Americans. The yield on the 10-year Treasury, which influences mortgage rates, rose to 4.78%, up from 4.75% late Monday and the highest level since January 2025. The yield on the 2-year Treasury, which closely tracks…
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…
SpaceX is set to issue its first earnings report as a public company on Tuesday, offering a detailed look at how the rocket, satellite and AI provider is faring after its ballyhooed initial public offering in June. SpaceX shares have sputtered after initially soaring following the transaction, the largest IPO in U.S. history. The company’s…
Two European cities are hosting Pride events under increased security after an extremist attack in Berlin left one person dead and more than two dozen injured last week. Hamburg’s Pride parade, one of Germany’s largest, is expected to have about 250,000 attendees, according to organizers. Hamburg is Germany’s second-largest city. Hamburg’s police chief said earlier…
