This story originally aired on Jan. 10, 2026. In January 2022, the pain coursing through Hannah Pettey’s body for six months was hitting her harder than ever. Hannah Pettey: It was unbearable … I was in the bed at this point for probably like a week straight. Anne Marie Green: Were you even able to…
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…
Earlier this year, a super PAC supporting Texas Republican Senate nominee Ken Paxton received four checks totaling over $1 million from an organization called Preserve Texas, Inc. Preserve Texas is not registered as a political committee and has not filed paperwork with the Federal Election Commission that could reveal where the money came from. Instead,…
On Tuesday, the jury in Lindsay Clancy’s trial told the judge that it was deadlocked, or unable to reach a unanimous verdict in her case. Several recent high-profile cases provide a possible glimpse at how long deliberations could continue if no progress is made. Judge William Sullivan ordered jurors to keep deliberating after they sent…
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…
Revenue from IRS audits plunged 35% in fiscal 2025 as the agency shed thousands of enforcement workers, according to a new report from the Treasury Inspector General for Tax Administration, an agency watchdog. The IRS collected a total of $6.5 billion from audits in fiscal 2025, which ended Sept. 30, down from $10 billion a year earlier,…
Washington — The House returns Monday from its five-week recess, with approving a short-term funding bill to head off a government shutdown topping its to-do list. Funding is set to lapse Sept. 30 without a deal, and lawmakers are planning to take another weeklong break for Labor Day. In July, the House passed a GOP-led…
Index investing pioneer David Booth has a simple message for people navigating volatile financial markets: Stay calm and keep investing. Booth, a billionaire several times over whose Dimensional Fund Advisors manages $1 trillion, expands on that advice in a new book, “Stay Calm: Learn to Embrace Uncertainty in Investing and Life,” scheduled for publication on Sept….
A British estate used as a filming location in Christopher Nolan’s “Batman Begins” may be taken from its owners if repair work, including bat surveys, does not commence, according to local council notices. The stately home was built between 1852 and 1854 in Buckinghamshire, a region in southeast England. It stood in for Wayne Manor in…
On this “Face the Nation with Margaret Brennan” broadcast, moderated by Margaret Brennan: Neel Kashkari, Minneapolis Fed president and CEO Dr. Mehmet Oz, Centers for Medicare & Medicaid Services administrator Dr. Scott Gottlieb, former FDA commissioner Rep. Byron Donalds, Republican of Florida and candidate for governor Rep. Seth Moulton, Democrat of Massachusetts and…
