Global oil prices neared $100 a barrel on Thursday as the conflict in the Middle East escalated, with Iran-backed Houthi rebels in Yemen targeting shipping in the Red Sea. Brent crude, the international standard, reached $98.82 a barrel, up $4.75, or 5.05%, according to oilprice.com. West Texas Intermediate, the U.S. benchmark, hit $90.67 a barrel, up…
Finance Minister Muhammad Aurangzeb held meetings with the senior officials of the International Monetary Fund (IMF) and reviewed Pakistan’s macroeconomic performance and progress under the Fund’s programme, the finance ministry said on Thursday. In a post on social media platform X, the finance ministry said that the minister held a series of meetings with the…
Washington — The House on Wednesday passed a bill placing some limits on congressional stock trading, but the lack of tougher restrictions and the inclusion of a voter ID provision complicated its support among Democrats. Lawmakers approved the bill in a 232 to 198 vote, with 13 Democrats voting with all Republicans in favor. The…
Imported generic drugs could face tariffs of up to 100% beginning in 2028 under a plan announced Tuesday by President Trump, who said the measure is intended to push manufacturers to move production to the U.S. Health policy experts said they are skeptical the tariffs alone would persuade generic drug manufacturers to relocate production to…
More than half of U.S. workers rely on 401(k) plans to save for retirement, but many may not be aware of fees that can fly under the radar and end up costing them tens of thousands — or more — in retirement income. While these fees may appear small at first glance, they can add…
London — If you’re struggling to keep up with who is running the United Kingdom, you’re not alone. Keir Starmer, who led his Labour Party to a landslide election victory just two years ago, left the prime minister’s office at 10 Downing Street on Monday to be replaced by Labour’s new leader, Andy Burnham. After being asked…
Britain’s King Charles III on Monday appointed Andy Burnham as prime minister after outgoing Keir Starmer officially tendered his resignation, the palace said. “Andrew Burnham MP accepted The King’s offer and kissed hands upon his appointment as Prime Minister,” Buckingham Palace said in a statement, adding the king had asked him to form the next…
On this “Face the Nation with Margaret Brennan” broadcast, moderated by Margaret Brennan: Sen. Mark Warner, Democrat of Virginia CBS News contributors Chris Krebs and David Becker New York Gov. Kathy Hochul, a Democrat Border czar Tom Homan Bank of America CEO Brian Moynihan Click here to browse full transcripts from 2026 of “Face…
The following is the full transcript of an interview with Bank of America CEO Brian Moynihan, a portion of which aired on “Face the Nation with Margaret Brennan” on July 19, 2026. Editor’s note: This interview was taped on July 16, 2026. MARGARET BRENNAN: We’re joined now by the president and CEO of Bank of…
Indian space startup Skyroot Aerospace on Saturday launched the country’s first privately developed orbital rocket, a key test of national efforts to compete for a bigger share of the global commercial launch market. The Vikram-1 rocket lifted off from the Satish Dhawan Space Centre in Sriharikota at 0635 GMT, leaving behind a plume of fire…
