World Bank president says global economy is in a "sharp slowdown"
David Malpass, World Bank Group president, said on "Face the Nation" that there is a debt crisis for developing countries and more are filling into crisis "one by one."
Economy
4/5: CBS News Mornings
Ukraine's president accuses Russia of genocide; Several states sue Biden admin. for reversing Trump-era measure
2/20: Face The Nation
This week on "Face the Nation," with the stakes at their highest in the Ukraine-Russia crisis, we speak to all sides of the conflict: Secretary of State Antony Blinken, NATO Secretary General Jens Stoltenberg and both the Russian and the Ukranian ambassadors to the U.S.
2/13: Face The Nation
This week on "Face the Nation," White House national security adviser Jake Sullivan joins Margaret Brennan to discuss what America's response will be if Russia invades Ukraine, which U.S. officials believe President Vladimir Putin is planning to do. Plus, a conversation with New Jersey Governor Phil Murphy on why blue states are now leading the charge to lift COVID restrictions.
3/6: Face The Nation
This week on "Face the Nation," we’ll have full coverage of Russia’s invasion of Ukraine and talk to the voices directly involved in the conflict for perspective on what happens next. We're joined by Secretary of State Antony Blinken, Ukrainian Ambassador to the U.S. Oksana Markarova, U.N. High Commissioner for Refugees Filippo Grandi and more.
Expectations negative as views of economy, finances worsen — CBS News poll
Most Americans expect a slowdown or a recession in the coming year.
6/16: CBS News Mornings
Federal Reserve looking to slow spending amid record inflation; U.S. veterans who fought for Ukraine may have been captured
6/13: CBS News Mornings
House Jan 6. committee holding second hearing; New Jersey gas tops $5 for first time
This week on "Face the Nation with Margaret Brennan," June 26, 2022
Michigan Gov. Gretchen Whitmer, former White House official Marc Short and more appear on "Face the Nation with Margaret Brennan" this Sunday.
Stocks jump, with Wall Street on track for rare winning week
Financial markets are rising, with some analysts predicting an economic slowdown rather than a recession.
European Union makes Ukraine a candidate for membership
That sets in motion a lengthy process that would bring the embattled country closer to the West.
Stocks droop on Fed's commitment to "restore price stability"
Stocks have slumped in recent weeks amid investor fears that sharply higher interest rates could trigger a recession.
Fed will keep raising interest rates as long as appropriate
Fed Chairman Jerome Powell acknowledged recession is possible but later said its likelihood is not "particularly elevated right now."
Severe staff shortages leave nursing homes in crisis
A majority of nursing homes are facing severe staffing shortages, according to a recent survey, putting the nation's elderly at risk. Mark Strassmann has more.
Stocks bounce back after steep selloff last week
Financial markets rebounded Tuesday, but some analysts think U.S. stocks have yet to touch bottom.
White House says recession is not inevitable
As inflation remains high and the stock market falls, U.S. Treasury Secretary Janet Yellen and other White House officials are amplifying President Joe Biden's message that a recession is not inevitable. CBS News anchors Anne-Marie Green and Vladimir Duthiers spoke with political correspondent Caitlin Huey-Burns about the Biden Administration's potential plans to offer temporary relief from rising gas prices.
MoneyWatch: Janet Yellen on recession fears
The Federal Reserve raised interest rates as all major stock averages ended last week in the negative, but U.S. Treasury Secretary Janet Yellen said a recession is neither "imminent" nor "inevitable." Akane Otani, a reporter at The Wall Street Journal, spoke with "CBS News Mornings" about Yellen's comments amid growing fears about the future of the economy.
This week on "Face the Nation with Margaret Brennan," June 19, 2022
White House Director of the National Economic Council Brian Deese, Dr. Scott Gottlieb, Rep. Zoe Lofgren and more appear on "Face the Nation with Margaret Brennan" this Sunday.
Biden predicts a recession is "not inevitable"
President Joe Biden, in an interview with The Associated Press Thursday, said the American people are "really, really down" because of COVID-19 and high prices.
Mortgage rates in the U.S. jump by most in 35 years
Borrowing costs for a typical home loan surged a day after the Federal Reserve hiked its benchmark rate.
The Fed announces aggressive interest rates
The Federal Reserve intensified its fight against high inflation Wednesday by raising the interest rate by 0.75%, the largest increase since 1994. The rate hike signals more hikes ahead as it tries to slow the economy without causing a recession. Carter Evans reports.
Anger brews over official's call for Pakistanis to drink less tea
The government minister's suggestion on how to people might help to ease Pakistan's economic crisis didn't go down well.
6/15: Red and Blue
Biden pushes oil companies on gas production; FDA panel supports COVID vaccine for kids under 5
Biden calls out oil companies as gas prices soar
President Biden sent letters to several U.S. oil companies Wednesday, asking them to do more to reduce the price of gas. Zeke Miller, a CBS News political contributor and White House reporter for the Associated Press, joined Matt Pieper to discuss the issue.
Fed issues largest rate hike in decades
The Federal Reserve issued its largest interest rate hike in nearly three decades as it tries to slow the economy without causing a recession. Carter Evans has more on what that means.
FlyDubai co-pilot was likely lone wolf, Israeli investigators believe
CBS News poll finds Democrats maintain House advantage amid concern about prices
Key Biden aide recalls "draconian measures" being considered against Israel
Hero passenger on FlyDubai flight: "We are going to survive"
Search ongoing after debris of plane that went missing off Nantucket found
Supreme Court gears up for new term with major cases on climate change, guns
U.S. Marine arrested, accused of killing Japanese woman in Okinawa
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Senior Trump administration officials met to discuss Iran war at Camp David
