Ukraine’s President Volodymyr Zelenskyy said Monday that so far, “there is no indication that Russia is complying” with an energy ceasefire announced by President Trump the day before. Just hours after Mr. Trump’s announcement, Zelenskyy said Russia struck a power plant in eastern Ukraine. By Monday afternoon, Russia had attacked six additional energy facilities across…
The bond market is flashing red. The yield on the 30-year Treasury note reached 5.44% on Wednesday, its highest level since 2004, before slipping slightly on Thursday morning. The 10-year Treasury, which influences mortgage rates, briefly neared 5.15% on Thursday morning, a level it last reached in 2001. Yields had already risen amid concerns about inflation…
House hunters are facing a fresh affordability crunch as mortgage rates hit 7% this week, marking their highest level in almost two years. The coming weeks aren’t likely to offer any relief, with some experts telling CBS News that borrowing costs could continue to rise. Rates are “far more likely to go up than down…
On this “Face the Nation with Margaret Brennan” broadcast, moderated by Margaret Brennan: Rep. Ro Khanna, Democrat of California Rep. Maria Elvira Salazar, Republican of Florida Sen. Bill Cassidy, Republican of Louisiana IBM vice chairman Gary Cohn Click here to browse full transcripts from 2026 of “Face the Nation with Margaret Brennan.” MARGARET BRENNAN:…
The following is the transcript of the interview with Sen. Bill Cassidy, Republican of Louisiana, that aired on “Face the Nation with Margaret Brennan” on Sept. 20, 2026. MARGARET BRENNAN: We’re joined now by Republican Senator Bill Cassidy. He is the chairman of the Health Committee, and he joins us from Baton Rouge, Louisiana. Good…
Borrowing is likely to get more expensive for Americans, and soon, according to economists. The Federal Reserve is expected to raise its benchmark interest rate on Wednesday for the first time in more than three years as the central bank battles stubborn inflation fueled by high energy prices. Some Wall Street forecasters also pencil in…
On this “Face the Nation with Margaret Brennan” broadcast, moderated by Weijia Jiang: Michigan Senate candidate Abdul El-Sayed, a Democrat Utah Gov. Spencer Cox, a Republican CBS News executive director of news and surveys Anthony Salvanto CBS News executive director of news and surveys Anthony Salvanto, CBS News senior White House and political correspondent Ed…
The following is the transcript of the interview with Utah Gov. Spencer Cox, a Republican, that aired on “Face the Nation with Margaret Brennan” on Sept. 13, 2026. WEIJIA JIANG: We turn now to Utah Republican Governor Spencer Cox. His new book is titled “Off Ramp: How to be a Peacemaker in an Age of…
A hotter-than-expected inflation report has sharply raised the likelihood that the Federal Reserve will increase interest rates in September, which would mark its first rate hike since 2023. The Consumer Price Index rose at an annual rate of 3.4% in August, in line with July’s reading but higher than the 3.3% economists were forecasting. One-third…
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…
