In this extended conversation, political strategist and podcaster Steve Bannon talks with “Sunday Morning” senior contributor Ted Koppel about populist and nationalist politics in the U.S. and abroad; the ground game of Democratic Socialists and prospects for the 2026 midterms; Trumpism and election denialism; and media coverage of politics. Source link
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.) Hosted by Jane Pauley Attorney General Robert F. Kennedy and Ethel Kennedy board a flight to begin a 26-day international Goodwill Tour, in Washington…
Borrowing is likely to get more expensive for Americans, and soon, according to economists. The Federal Reserve is expected to raise its benchmark interest rate on Wednesday for the first time in more than three years as the central bank battles stubborn inflation fueled by high energy prices. Some Wall Street forecasters also pencil in…
The U.S. economy has remained resilient over the past two years despite a slowing labor market, trade wars and resurgent inflation, but economists are now warning that a convergence of new and lingering threats could test its strength. The “worry list is growing more worrisome,” Ed Yardeni, president and chief investment strategist of Yardeni Research,…
The AI bubble that has propelled U.S. stocks to record highs is starting to deflate, according to some Wall Street analysts. “There are plenty of signs that we are now in the late stages of a bubble in AI,” John Higgins, chief economic adviser for financial markets at Capital Economics, said in a report on Monday. …
U.S. Treasury Secretary Scott Bessent said on Wednesday that the agency will buy up to $6 billion in long-term government bonds as part of an effort to curb rising yields and ease borrowing costs. The Treasury Department vowed last month to “at least” double its bond buybacks to $4 billion to prop up prices (bond yields. Higher…
U.S. employers added 162,000 jobs in August, more than double economists’ forecasts and signaling a sharp acceleration from hiring in July. By the numbers Economists polled by FactSet forecast employers added 65,000 jobs in August. The unemployment rate was 4.1% in August, unchanged from the previous month. Hiring in August was boosted by job gains…
As the nation prepares to mark 25 years since Sept. 11, 2001, Abdul El-Sayed, the Democratic nominee for U.S. Senate in Michigan, may be facing the risk of renewed scrutiny and fresh political attack. El-Sayed is a leader of a new crop of candidates from a wing of his party that opposed American wars and…
A bond sell-off driven by investor fears over inflation and rising government debt has rattled markets and threatened to raise borrowing costs for everyday Americans looking to purchase a home or car. The yield on the 30-year Treasury reached 5.3% earlier this week, its highest level since 2007, while the 10-year Treasury yield, which influences…
Democrats on Saturday approved a new presidential nominating calendar for 2028, cementing South Carolina’s place as the first official Democratic primary state, as the party looks to elevate states that better reflect its diverse coalition of voters. The vote came during the Democratic National Committee’s summer meeting in Austin, where members signed off on a schedule that…
