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…
Entire neighborhoods in Indiana are underwater after the White River rose to record-breaking levels, cresting at more than 24.9 feet, which is over a foot higher than the record set in 1913. Since Tuesday, more than 11 inches of rain have fallen east of Indianapolis. Gov. Mike Braun declared a state of emergency on Thursday…
A Russian tanker carrying millions of gallons of oil has run aground off the coast of Oman — and now risks breaking apart, potentially causing an environmental disaster on the scale of the 1989 Exxon Valdez spill. The Caroline Bezengi, which has been linked to Russia’s so-called shadow fleet to move sanctioned oil around the…
On this “Face the Nation with Margaret Brennan” broadcast, moderated by Margaret Brennan: Sen. Mark Warner, Democrat of Virginia CBS News contributors Chris Krebs and David Becker New York Gov. Kathy Hochul, a Democrat Border czar Tom Homan Bank of America CEO Brian Moynihan Click here to browse full transcripts from 2026 of “Face…
