The Consumer Price Index rose at an annual rate of 2.4% in February, unchanged from the prior month and representing a cooler pace than economists had forecast. The Labor Department data captures the period before the Iran war broke out in late February. Since then, oil prices have surged, driving inflation concerns among investors. “Inflation was starting to ease in…
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…
Oil prices tumbled on Monday amid a pause in fighting between the U.S. and Iran, with U.S. Ambassador to the United Nations Mike Waltz saying Sunday on “Face the Nation with Margaret Brennan” that the break is aimed at “giving diplomacy some space.” Brent crude, the international benchmark, fell $6.35, or 6.6%, to $90.41 a barrel, while…
During President Trump’s second term, Republicans have escalated their attacks on hard-to-trace fundraising methods used by left-leaning groups. Now, those efforts could force more disclosure for a project linked to Mr. Trump himself: Freedom 250, the entity behind America’s 250th birthday celebration. When the Trump administration set out to plan events for America’s 250th anniversary,…
On this “Face the Nation with Margaret Brennan” broadcast, moderated by Margaret Brennan: Republican Sen. John Kennedy of Louisiana Independent Sen. Bernie Sanders of Vermont U.S. Ambassador to the United Nations Mike Waltz Former FDA Commissioner Dr. Scott Gottlieb A look at new CBS News polling with Anthony Salvanto, CBS News’ executive director of elections and surveys Click here to browse full transcripts from…
Mike Waltz, the U.S. ambassador to the United Nations, said in an interview on “Face the Nation with Margaret Brennan,” the pause in strikes against Iran is “giving diplomacy some space” and “a little bit of time” to work. He said of President Trump, “He is a president of peace. He is giving diplomacy a…
The following is the transcript of an interview with Louisiana Sen. John Kennedy, a Republican, that aired on “Face the Nation with Margaret Brennan” on July 26, 2026. MARGARET BRENNAN: We turn now to Republican Senator John Kennedy, who joins us this morning from Madisonville, Louisiana. Senator, it’s good to have you on the program….
The government on Saturday kept the prices of petrol and high-speed diesel unchanged for July 26 and 27 due to the non-publication of “Platts prices on weekends”. A day earlier, the prices of petrol and high-speed diesel (HSD) were increased by Rs3.66 and Rs4.80 per litre, respectively. The current price of petrol stands at Rs335.18…
India’s Education Minister Dharmendra Pradhan said on Saturday he has resigned from his position, handing a major victory to youth protesters nationwide who demanded that he quit to take responsibility for examination paper leaks. The anti-government protests represented the biggest youth challenge to India’s Prime Minister Narendra Modi since he came to power in 2014….
Israeli Prime Minister Benjamin Netanyahu said Friday his government would establish new settler outposts in the occupied West Bank and legalize more existing ones, after a deadly clash left two Israelis and four Palestinians dead. Netanyahu and Defense Minister Israel Katz announced “a series of steps” including “powerful action” and raids in Palestinian villages suspected…
