Alaska snow crab season canceled after an estimated 1 billion crabs disappear
An estimated 1 billion crabs have mysteriously disappeared from Alaskan waters in two years, officials said.
Economy
Markets rally despite inflation report
The stock market finished strong on Thursday despite the latest CPI report showing a 0.4% September increase in inflation. Pete Earle, economist and research fellow at the American Instiute for Economic Research, joins CBS News to discuss the state of the economy and whether we're facing a recession.
Stocks come back strong, shrugging off hot inflation reading
Dow swings more than 1,300 points as investors glimpse reasons for hope in September consumer price index.
Consumer prices climb 8.2%
Consumer prices rose again in September despite the Federal Reserve's attempts to drive down inflation. CBS News' Errol Barnett and Lana Zak speak with Diane Swonk, chief economist at KPMG U.S., about how the latest data could impact the Fed's next rate hike decision.
MoneyWatch: Tips for managing your savings
National Savings Day is the perfect time to take stock of your personal finances. CBS News’ Errol Barnett and Meg Oliver spoke with Kimberly Palmer, a personal finance expert with NerdWallet, about the best ways to manage your hard-earned savings.
Biden begins 3-state western swing with midterms weeks away
President Biden will make the case for Democrats and his administration's accomplishments.
Mortgage rates hit 14-year high
Home buyers nationwide are pulling back from the market due to high interest rates. Igor Popov, chief economist at Apartment Listing, joined Elaine Quijano to discuss where the housing market is heading.
Potential railroad strike threatens U.S. economy
Contract negotiations between railroad workers' unions and railways remain stalled. The Biden administration is now actively trying to avert a potential strike that could have a major impact on the economy, supply chains and travel. Wall Street Journal reporter Esther Fung joined CBS News' John Dickerson to discuss the latest.
U.K. drops plan to cut income tax for wealthy
The U.K. government is abandoning a plan to cut income taxes for the wealthy. The move was wildly unpopular, and even sent the value of the pound tumbling when it was first announced last month. John Quelch, dean of the Miami Herbert Business School at the University of Miami, joined CBS News' John Dickerson for his analysis.
U.S. economy still rebounding from pandemic
The U.S. economy and labor market are still rebounding from the COVID-19 pandemic. Several workplace trends, such as working from home, still remain prevalent. Aki Ito, senior correspondent for Business Insider, joined CBS News to discuss.
Risks of potential Fed interest rate hike
The Federal Reserve's plan to get inflation under control is fueling concerns of future layoffs and a possible recession. CBS News' John Dickerson breaks down how this will affect you with Guy Berger, principal economist for LinkedIn.
What are the chances of a recession?
The CEO of JPMorgan Chase is warning of a possible recession in six to nine months. The head of economic analytics for Morning Consult, Scott Brave, joins "CBS News Mornings" to share his thoughts on the comments and the impact a recession could have on everyday Americans.
Tim Ryan, JD Vance attack over jobs, party loyalty in Senate debate
Democratic Rep. Tim Ryan and Republican JD Vance are facing off in one of the most expensive and closely watched U.S. Senate races this November.
IMF dims outlooks for global economy in 2023 amid Ukraine war
Recession risks are rising amid "historic fragility" in the global economy, the agency's managing director said.
Iran escalates brutal crackdown on protesters
Anti-government protests are now targeting the lifeblood of Iran's economy -- oil and gas production. Some oil and gas workers have joined the protests as activists say the government's crackdown is getting more brutal. Roxana Saberi reports.
Large rail union rejects deal, raising specter of eventual strike
The third-largest railroad union rejected its deal with the railroads Monday, saying the offer didn't do enough to address sick time.
El-Erian on "unsettling volatility" in the market
Mohamed El-Erian, Allianz Chief Economic Adviser, said the " main drivers of inflation and how broad they are is still going up." He joins "Face the Nation" to discuss the "unsettling volatility" of the market right now.
Jobs report fuels interest rate hike fears
The latest jobs report is fueling fears that a big interest rate hike is likely, as the Federal Reserve tries to aggressively fight inflation. Business analyst Jill Schlesinger breaks down the report.
Unemployment rate falls to 50-year low of 3.5%
Employers added a solid 263,000 jobs in September and the unemployment rate dropped to 3.5%. The strong jobs numbers were bad news for investors who fear the Federal Reserve will continue to raise interest rates.
U.S. gas prices expected to rise
A decision by the OPEC+ alliance of oil-exporting nations to cut production of crude coupled with refinery woes in the West and Midwest are pushing gas prices higher just before the midterm elections. Jonathan Vigliotti reports.
This week on "Face the Nation with Margaret Brennan," October 10, 2022
Arizona gubernatorial candidates Kari Lake and Katie Hobbs, The New York Times' Peter Baker, The New Yorker's Susan Glasser and more will appear on "Face the Nation with Margaret Brennan" this Sunday.
Stocks tumble on fears about rates, recession after jobs data
Wall Street is concerned that Friday's stronger-than-expected jobs report could prompt more rate hikes from the Fed.
Inflation will crimp many Americans' holiday travel plans
Cost of U.S. flights around the Thanksgiving holiday is up roughly 25% compared with last year, booking data shows.
263,000 jobs added in September
The Bureau of Labor Statistics released the jobs report for September showing 263,000 jobs were added to the labor market, while the unemployment rate fell to 3.5%. CBS News business analyst Jill Schlesinger breaks it down.
Gas prices rise as OPEC announces oil production cut
It now costs nearly $100 to fill up a mid-size car with gas in California. Though gas prices are rising amid the decision by OPEC+ to cut 2 million barrels of oil per day, California prices have little to do with it. Jonathan Vigliotti takes a look.
DOJ calls Alaska Senate allegations "troubling," asks to segregate ballots
Live
Midterm Updates: Trump rallies in Florida, El-Sayed clashes with Stevens
Judge orders DOJ to stop trying to "intimidate" California election officials
She spent 18 years believing she had MS. Then her diagnosis changed.
First on CBS
As Texas Dems predict a Hispanic wave, Hinojosa takes her pitch ringside
Live
Iran's supreme leader warns U.S., Israel against new attacks
Exclusive
Daniel J. Sullivan left his Alaska hometown before Senate election
U.S. approves sale of 500 Patriot missiles to Ukraine
