Inflation "entrenched" in U.S. economy, Goldman Sachs CEO says
David Solomon warns that Americans face more uncertainty as soaring prices dent confidence and weigh on stocks.
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David Solomon warns that Americans face more uncertainty as soaring prices dent confidence and weigh on stocks.
In Italy more people are heading to food banks, while Germans are turning down the AC to prep for energy rationing.
Missed the second half of the show? The latest on energy from Biden's coordinator, Amos Hochstein who says Gulf states have "more room" to boost oil supply; Jason Furman says Democrats' tax plan would "unambiguously bring inflation down"; Mayor Muriel Bowser's federal plan to stop migrants from being tricked onto buses
Jason Furman, a former chairman of the Council of Economic Advisers in the Obama White House, says a Democratic proposal to increase taxes on the wealthy would "unambiguously bring inflation down."
This week on “Face the Nation with Margaret Brennan,” with inflation now hitting over 9%, we have a string of guests to talk about the state of the American economy as experts fear a recession is coming. Plus, more on the subpoena to the U.S. Secret Service sent by the House select committee investigating the Jan. 6 attack on the U.S. Capitol with member Rep. Adam Kinzinger.
While surging gas prices and record-high inflation affects most Americans, one group is hit especially hard: Families that have to travel long distances for necessary medical treatment. Adriana Diaz meets with affected families to discuss their realities and the sacrifices made to receive care.
"CBS Evening News" viewers helped raised more than $45,000 for a family who was struggling to pay for gas to get their daughter who has cancer to her medical appointments. The family won't have to rely on high-interest payday loans to buy gas thanks to the donations.
The U.S. stock market ended the week strong despite fears brought on by the latest spiking inflation numbers. John Leer, chief economist for Morning Consult, joined CBS News to discuss what's driving U.S. stocks and what to expect at the upcoming Federal Reserve meeting.
Investors were cheered by new data on strong consumer spending, but worries remain about the impact of high inflation.
Inflation is pushing many Americans past their financial limits. Adriana Diaz met one family that's taking out high-interest loans to pay for gas to get their daughter to her cancer treatments.
Washington Post economics correspondent Rachel Siegel joined CBS News' Tanya Rivero and Elaine Quijano to discuss the latest market updates.
"Growth fears are hitting the markets harder than inflation concerns," said one analyst.
Inflation hit a fresh 40-year record in June, with consumer prices increasing 9.1% . It's the fastest increase in prices since November 1981, and above what economists had expected. Nancy Chen reports.
U.S. inflation hits 41-year high; Statue of civil rights leader replaces Confederate statue at U.S. Capitol
Consumers are getting less for their money as products get smaller and prices stay the same. Carter Evans has more on "shrinkflation."
Inflation surged to a 41-year high, with the Consumer Price Index showing Americans paid more last month for just about every necessity from gas prices to rent. Nancy Chen takes a look.
The Fed has tried to ease inflation by raising interest rates, but that move is also shutting some would-be home buyers out of the housing market. New York Times Federal Reserve and economy reporter Jeanna Smialek explains how the Fed's actions are putting more pressure on renters.
The U.S. Department of Labor's latest CPI report shows prices in June rose 9.1% from last year, marking the largest year-over-year increase since 1981. CBS News' Sarah Ewall-Wice shares more about what this could mean for the economy.
Republicans criticized President Joe Biden after new data revealed that inflation surged to a 41-year high last month. CBS News' Tanya Rivero and Elaine Quijano assess the current state of the U.S. economy with reporter Sarah Ewall-Wice.
Across the board, Americans are paying more for everything, including housing, groceries and gas, according to new government data. CBS News' Tanya Rivero and Elaine Quijano spoke with Wall Street Journal economics reporter Gwynn Guilford about the state of the economy and how the Federal Reserve may react.
June inflation was higher than expected, at 9.1%. That could set up seniors for the biggest payment boost since 1981.
With inflation at a 40-year high, and the Federal Reserve raising interest rates, many financial experts warn of an economic slowdown. CBS News business analyst Jill Schlesinger joins "CBS Mornings" to discuss how to protect your finances during this uncertain time.
June may have been an even hotter month for inflation than in previous months. Inflation could rise again in the latest CPI report, but economists say it might begin to cool off. President of Sevens Report Research Tom Essay joins CBS News Mornings to talk about what to expect.
The war in Ukraine is having a major impact on food and fuel supplies worldwide. William Taylor, former U.S. ambassador to Ukraine, joined John Dickerson to discuss the situation.
CBS News business analyst Jill Schlesinger joined Anne-Marie Green and Vladimir Duthiers to discuss the ongoing recession fears amid a strong job market and offered tips on how to save money despite economic uncertainty.
Iran war could escalate further as Trump threatens to hit key oil infrastructure if Tehran doesn't drop its chokehold on the Strait of Hormuz.
"One Battle After Another" took home several big awards, including Best Picture, Best Director and the newly created Best Casting.
The Iran war is testing the U.S. military's ability to combat Iran's drones in a cost-effective way. Emerging laser tech, designed to zap drones out of the sky, may help.
U.S. intelligence has circulated to President Trump's inner circle that Iran's late supreme leader had misgivings about his son replacing him, viewing Ayatollah Mojtaba Khamenei as not very bright.
Some economists think the Fed, facing inflationary pressures from rising energy prices, may not cut interest rates at all this year.
Iranian attacks on ships in the Strait of Hormuz threaten to drive U.S. gas prices to record highs. The attacks could also have a cascading effect on other prices.
More than 11.5 million people are under blizzard warnings, another 4.3 million are under winter storm warnings, and about 20.6 million are under an extreme heat watch, according to forecasters.
A fifth of seven members of the Iran women's soccer team who accepted refugee visas to stay in Australia has changed her mind, a sport official says.
In an exclusive interview with CBS News Saturday, Federal Communications Chair Brendan Carr doubled down on his warning that broadcast licenses could be revoked amid President Trump's criticisms of media coverage of the war in Iran.
Some economists think the Fed, facing inflationary pressures from rising energy prices, may not cut interest rates at all this year.
Patchwork state policies and limited federal oversight have led to a fragmented system for tracking organ donor status.
The United States will face the winner of Monday's semifinal between Italy and Venezuela in Tuesday's World Baseball Classic title game.
The film follows CBS News correspondent Steve Hartman and photographer Lou Bopp through their seven-year journey to document the toll of America's school shooting epidemic.
As Kumail Nanjiani took the stage to announce the winner for Best Live-Action Short at the 98th annual Academy Awards, the actor exclaimed: "And the Oscar goes to ... it's a tie."
Some economists think the Fed, facing inflationary pressures from rising energy prices, may not cut interest rates at all this year.
With oil markets paralyzed by the U.S.-Iran war, the Trump administration says it could escort ships through the Strait of Hormuz — a massive undertaking that experts say could already be in the preparatory stages.
U.S. gas prices are surging as the Iran war drives up the global cost of oil. But what exactly accounts for what you pay at the pump?
Planning a trip? Travel experts recommend booking your flight soon as the Iran war drives up airline and ticket costs.
Two Democratic lawmakers are proposing tax reforms that would eliminate federal income taxes for millions of Americans.
Rep. Dan Crenshaw, whose term as representative of Texas' 2nd congressional district is set to end following his loss in the Republican primary earlier this month, appeared on "Face the Nation with Margaret Brennan" on Sunday.
On this "Face the Nation with Margaret Brennan" broadcast, Iranian foreign minister Abbas Araghchi and Rep. Dan Crenshaw join Margaret Brennan.
The following is the transcript of the interview with Sen. Mark Warner, Democrat of Virginia, that aired on "Face the Nation with Margaret Brennan" on March 15, 2026.
The following is the transcript of the interview with National Economic Council Director Kevin Hassett that aired on "Face the Nation with Margaret Brennan" on March 15, 2026.
The following is the transcript of the interview with Rep. Dan Crenshaw, Republican of Texas, that aired on "Face the Nation with Margaret Brennan" on March 15, 2026.
Patchwork state policies and limited federal oversight have led to a fragmented system for tracking organ donor status.
Spencer Laird was diagnosed with colon cancer at 26. At 30, he was told it had returned and spread to his lungs, with one tumor the size of a golf ball.
The Trump administration's Medicare boss reacts to CBS News investigation into California's hospice fraud problems.
Even people with six-figure incomes are making financial sacrifices to pay for medical care, a new study finds.
Crystalline silica, which is released into the air when workers cut and polish engineered stone for kitchen countertops, can scar human lungs beyond repair.
The operation marks the latest joint show of force against drug cartels in the South American country.
Iran war could escalate further as Trump threatens to hit key oil infrastructure if Tehran doesn't drop its chokehold on the Strait of Hormuz.
A fifth of seven members of the Iran women's soccer team who accepted refugee visas to stay in Australia has changed her mind, a sport official says.
The United States will face the winner of Monday's semifinal between Italy and Venezuela in Tuesday's World Baseball Classic title game.
Rep. Dan Crenshaw, whose term as representative of Texas' 2nd congressional district is set to end following his loss in the Republican primary earlier this month, appeared on "Face the Nation with Margaret Brennan" on Sunday.
The film follows CBS News correspondent Steve Hartman and photographer Lou Bopp through their seven-year journey to document the toll of America's school shooting epidemic.
The North American box office grossed $9 billion last year, far below pre-pandemic numbers. One survey found only half of Americans said they saw a movie in theaters last year. Gwen Baumgardner reports.
As Kumail Nanjiani took the stage to announce the winner for Best Live-Action Short at the 98th annual Academy Awards, the actor exclaimed: "And the Oscar goes to ... it's a tie."
"One Battle After Another" took home several big awards, including Best Picture, Best Director and the newly created Best Casting.
Hosted by Mo Rocca. Featured: Hollywood, the Dream Factory; "Peaky Blinders" actor Cillian Murphy; Marc Jacobs and Sofia Coppola; John Mayer and McG preserve a Hollywood landmark; a Russian schoolteacher's resistance documented in "Mr. Nobody Against Putin"; and a tribute to documentary filmmaker Frederick Wiseman.
A community in Alabama is pushing back against a solar farm that would power an artificial intelligence data center in the state. CBS News reporter Kati Weis has more.
Jury deliberations are underway in a landmark social media trial about addiction claims. CBS News correspondent Carter Evans has the details.
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
For one week, three New Jersey high schoolers agreed not to take their phones to bed, and to try different tools to reduce screen time.
The Trump administration has blacklisted AI giant Anthropic, labeling it a supply chain risk. The company has sued in response. New York Times tech reporter Sheera Frenkel joins CBS News to break down the feud.
A new study in the journal Nature says most sea level rise research may have underestimated coastal water heights by an average of 1 foot.
NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
Documents might help scientists shed light on unexplained phenomena and government secrets, experts said.
A large shark was caught on camera for the first time in Antarctica's waters, surprising researchers. "There's a general rule of thumb that you don't get sharks in Antarctica," one said.
On the evening of Christmas 1776, Gen. George Washington surprised the King's forces by leading the Continental Army in a surprise crossing of a near-frozen Delaware River - a watershed military maneuver that dramatized a changing America, and a changing climate.
The operation marks the latest joint show of force against drug cartels in the South American country.
Jocelyn Peters, a beloved third grade teacher in St. Louis, Missouri, was shot to death in her sleep. The crime scene held an unusual clue – something one detective says he had never seen before.
Suspect Christian Barrios, 32, shot two people multiple times Friday night, St. Johns County Sheriff Rob Hardwick said.
Prosecutors intend to seek the death penalty for Tyler Robinson, 22, who is charged with aggravated murder in the Sept. 10 shooting of Charlie Kirk.
The suspect in the Michigan synagogue attack died from a self-inflicted gunshot wound, the FBI said at a news conference on Friday. CBS News correspondent Ash-har Quraishi has the latest.
Bill Nye the Science Guy sits down with CBS News chief Washington correspondent Major Garrett to talk about his life and career.
NASA's huge Space Launch System rocket has been repaired and is ready for rollout back to the launch pad next week.
Nearly 14 years after it was launched in 2012, NASA says a 1,300-pound satellite is expected to come crashing back to Earth on Wednesday. Most of it will burn up as it reenters the atmosphere, but NASA warns some debris could survive reentry.
The Van Allen probe's mission was meant to last two years, but ended up going for nearly seven.
NASA has announced a major overhaul of its Artemis moon program amid ongoing safety concerns. CBS News space consultant Bill Harwood has more details.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Richard Pulley, 78, says he was forced out of retirement and had to pick up a DoorDash gig after his wife unexpectedly lost her job. Jericka Duncan reports on what happened when one person saw him dropping off her delivery.
Resorts nationwide are dealing with a big drop in international visitors. That's being felt especially hard in Whitefish, Montana, about 60 miles south of the U.S.-Canada border. Andres Gutierrez reports.
The North American box office grossed $9 billion last year, far below pre-pandemic numbers. One survey found only half of Americans said they saw a movie in theaters last year. Gwen Baumgardner reports.
The CEOs of ten major U.S. airlines are demanding Congress end a funding standoff and pay TSA workers. In a letter, they claim 93% of Americans support paying aviation workers during government shutdowns. Tim McNicholas has more.
A major snowstorm is blasting the Midwest and Great Lakes with blizzard conditions and what could be record snow. Ian Lee has a report on the conditions and Andrew Kozak has a look at the forecast.