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…
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…
On this “Face the Nation with Margaret Brennan” broadcast, moderated by Margaret Brennan: Sen. Bill Cassidy, Republican of Louisiana Sen. Bernie Sanders, Independent of Vermont National Institutes of Health Director Dr. Jay Bhattacharya Nicole Sganga, CBS News homeland security and justice correspondent Click here to browse full transcripts from 2026 of “Face the Nation with…
The following is the transcript of an interview with Sen. Bill Cassidy, Republican of Louisiana, that aired on “Face the Nation with Margaret Brennan” on Aug. 9, 2026. MARGARET BRENNAN: Good morning, and welcome to ‘Face the Nation.’ Both the House and the Senate are now gone for the summer, but we begin with one…
KARACHI: Parts of Karachi received light rain on Saturday, with the Pakistan Meteorological Department (PMD) predicting more showers till Monday. Light rain was reported in Gulshan-i-Maymar, Gulshan-i-Hadeed, Super Highway and nearby areas, DawnNewsTv reported. Meanwhile, the PMD has predicted light to moderate rain with dust and thunderstorm in Karachi from today till August 3. According…
More airlines are banning humanoid and pet-like robots from boarding flights or traveling in passengers’ checked luggage, citing potential safety concerns. Although humanoid robots remain rare outside the laboratory and even the factory floor, numerous companies are developing the technology, with robot evangelists such as Elon Musk predicting that they will eventually become common. Earlier…
Inflation across the U.S. accelerated in May as the shock to global energy supplies from the Iran war continued to push prices higher. The Consumer Price Index rose at an annual rate of 4.2%, up from 3.8% in the prior month and marking the highest level since April 2023. By the numbers Economists polled by financial…
The Republican chair of the House Judiciary Committee encouraged the Justice Department to look into criminally charging Jack Smith, alleging the former special counsel who brought charges against President Trump lied to Congress — allegations the committee’s top Democrat denied. The criminal referral Wednesday from Rep. Jim Jordan of Ohio stems from last year’s revelation that…
Washington — Another deadline to fund the government is looming this fall in Congress, with members fresh off a series of shutdown fights that have left them eager to avoid another costly impasse ahead of the midterm elections. But as lawmakers warn about the coming funding cliff, they have yet to agree on a path…
Kalshi, one of the leading prediction markets, is starting a midterm election hub that offers real-time forecasts driven by wagers predicting race outcomes. The hub displays election outcome forecasts, polling, fundraising statistics and historical election data, the company said in a statement on Wednesday. Kalshi bills the hub as a “one-stop-shop for state and federal election…
