On this “Face the Nation with Margaret Brennan” broadcast, moderated by Margaret Brennan: Sen. Bernie Sanders, Independent of Vermont Rep. Mike Lawler, Republican of New York Pennsylvania Gov. Josh Shapiro, a Democrat David Becker, CBS News election law contributor and the executive director of the Center for Election Innovation and Research Anthony Salvanto, CBS News…
The Federal Reserve is scheduled to meet this week, when U.S. central bankers will decide whether to raise interest rates for the second time this year in a bid to subdue inflation. Most economists and Wall Street analysts expect the Fed to leave its benchmark rate unchanged at 3.75% to 4% when officials release the…
Financial markets slumped on Friday as investors bailed on technology stocks amid concerns that companies exposed to artificial intelligence are starting to wobble. The tech-heavy Nasdaq Composite tumbled 573 points, or 2.1%, to end at 26,140, closing out its worst week since June. The broader S&P 500 and blue-chip Dow Industrial Average sank 1.1% and…
The bond market is flashing red. The yield on the 30-year Treasury note reached 5.44% on Wednesday, its highest level since 2004, before slipping slightly on Thursday morning. The 10-year Treasury, which influences mortgage rates, briefly neared 5.15% on Thursday morning, a level it last reached in 2001. Yields had already risen amid concerns about inflation…
House hunters are facing a fresh affordability crunch as mortgage rates hit 7% this week, marking their highest level in almost two years. The coming weeks aren’t likely to offer any relief, with some experts telling CBS News that borrowing costs could continue to rise. Rates are “far more likely to go up than down…
On this “Face the Nation with Margaret Brennan” broadcast, moderated by Margaret Brennan: Energy Secretary Chris Wright Rep. Jason Crow, Democrat of Colorado Rep. Lisa McClain, Republican of Michigan Michigan Secretary of State Jocelyn Benson, Democratic nominee for governor Sunoco chairman Ray Washburne, Republican midterm convention chair Click here to browse full transcripts from 2026…
The following is the transcript of the interview with Sunoco chairman Ray Washburne, Republican midterm election chair, that aired on “Face the Nation with Margaret Brennan” on Sept. 6, 2026. MARGARET BRENNAN: We go now to Ray Washburn, co-chair of the GOP midterm convention that is happening later this week in Dallas. He’s also chairman…
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…
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…
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…
