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…
Stubbornly hot inflation in August could push up the 2027 cost-of-living adjustment for Social Security recipients, according to a new estimate from the AARP. The 2027 COLA is now projected at 3.6%, based on the August Consumer Price Index figures released on Wednesday, according to the advocacy group. AARP had forecast a 3.5% increase a month…
On this “Face the Nation with Margaret Brennan” broadcast, moderated by Margaret Brennan: Energy Secretary Chris Wright Rep. Jason Crow, Democrat of Colorado Rep. Lisa McClain, Republican of Michigan Michigan Secretary of State Jocelyn Benson, Democratic nominee for governor Sunoco chairman Ray Washburne, Republican midterm convention chair Click here to browse full transcripts from 2026…
The following is the transcript of the interview with Sunoco chairman Ray Washburne, Republican midterm election chair, that aired on “Face the Nation with Margaret Brennan” on Sept. 6, 2026. MARGARET BRENNAN: We go now to Ray Washburn, co-chair of the GOP midterm convention that is happening later this week in Dallas. He’s also chairman…
Italy placed all of its major cities under the highest heat alert Thursday as a blistering heat wave gripped Europe. The heat has set a national temperature record in Austria, fueled wildfires in France and disrupted energy and transport systems across the continent. Temperatures have climbed to above 104 degrees Fahrenheit in several countries, prompting…
As the Danube River breaks new record lows across much of its nearly 1,800-mile stretch through eastern Europe, curiosities of the past — including woolly mammoth bones in Bulgaria, sunken Nazi warships in Serbia and unexploded WWII artillery in Hungary’s capital — are emerging. But there’s also an energy crisis unfolding for Hungary’s nearly 10…
