Arizona, California and Nevada would take less water from the Colorado River under a proposal announced Friday by the federal government to stave off crisis in the beleaguered waterway, which serves as a crucial source of water for more than 40 million people in seven Western states. The proposal from the U.S. Bureau of Reclamation…
The pressure is rising on FIFA President Gianni Infantino to ditch a World Cup privatization plan that could draw investments up to $20 billion, but which has drawn widespread condemnation from most of soccer’s worldwide governing bodies. The latest rebukes of the plan came on Friday when a senior adviser to Infantino stepped down in…
Inter-Services Public Relations (ISPR) Director General (DG) Lieutenant General Ahmed Sharif Chaudhry said on Friday that deliberate attempts were being made to create a perception that the situation in Balochistan was deteriorating. He made this remark while addressing a press conference focused on the overall security situation in the country, particularly Balochistan. At the outset…
The Emmy Award-winning “CBS News Sunday Morning” is broadcast on CBS Sundays beginning at 9:00 a.m. ET. “Sunday Morning” also streams on the CBS News app beginning at 11:00 a.m. ET. (Download it here.) This week we present a rebroadcast of “The Money Issue,” our annual special broadcast hosted by Jane Pauley dedicated to the many ways…
The nation’s gross domestic product grew at an annual rate of 1.5% in the second quarter, the Commerce Department said Thursday, weaker than economists expected and a sign the Iran war is hurting growth. Economists polled by Reuters predicted GDP would rise at an annualized rate of 2.1% for April to June. GDP measures the…
The former White House coordinator of the COVID Task Force says the contentious Senate hearing that put Dr. Anthony Fauci and his diary under scrutiny shows there is still “persistent anger” over the government’s handling of the pandemic. In an interview on CBS News’ “The Takeout,” Dr. Deborah Birx said she thought Democratic Sen. John…
Seven charred bodies have been found in a house in southern Ecuador, authorities said, an area of the country under a state of emergency due to rising violence. Ecuador has gone from being one of South America’s safest countries to a cocaine trafficking hub in a few short years, plagued by gangs with ties to…
The Federal Reserve said on Wednesday that it is leaving its benchmark interest rate unchanged, a sign policymakers expect inflation to ebb despite higher energy costs due to the war in Iran. This marks the fifth consecutive time the central bank has held rates steady this year. The last time Fed officials voted to change…
The Federal Reserve is expected to leave interest rates unchanged at its July meeting on Wednesday, but rising oil prices have prompted investors to sharply increase their bets that a fresh rate hike could come later this year. At the start of the year, many economists expected at least one rate cut in 2026. But…
The Consumer Price Index rose 2.4% in January from a year ago, below economists’ forecasts and a sign that price pressures across the U.S. are easing. By the numbers The CPI was expected to rise 2.5% on an annual basis last month, according to economists polled by financial data firm FactSet. The January CPI represents…
