Fed rate hike likelihood jumps to nearly 90% after hotter CPI report
Investors believe the Fed will raise borrowing costs as it works to tame inflation, which has risen a full percentage point since the Iran war started.
Watch CBS News
Investors believe the Fed will raise borrowing costs as it works to tame inflation, which has risen a full percentage point since the Iran war started.
Russian attacks continue to ravage Ukraine. President Trump says he spoke with President Vladimir Putin about ending the war. Plus, Ukrainian President Volodymyr Zelenskyy's plane was nearly struck by a Russian drone, according to Norway's prime minister. CBS News' Aidan Stretch reports.
Oil prices are up to over $100 a barrel as the war in Iran heats up and tensions simmer over Ukraine. The Wall Street Journal reporter David Uberti has more context.
Lithuania is preparing citizens in case the Russia-Ukraine war spreads to their country. CBS News national security analyst Aaron MacLean has the latest.
Russian officials reported on Tuesday that President Trump had a call with Vladimir Putin over a visit to Moscow by U.S. peace envoys. CBS News White House reporter Olivia Rinaldi has more.
Retaliatory Canadian tariffs on U.S. goods take effect; Republicans gather in Dallas for midterm convention.
Before Russia invaded, Iryna Terekh designed patios. Now she runs a Ukrainian defense company testing a missile she says will soon put Moscow in range.
Iryna Terekh was an architect designing patios across Ukraine when her life changed. Now she runs Fire Point, a defense company testing a new ballistic missile intended to reach Moscow. CBS News' Aidan Stretch reports.
Lithuania is teaching civilians young and old to help defend their tiny nation from a hypothetical Russian invasion, and telling Putin, "We don't fear you."
Estonia, Latvia and Lithuania are preparing to become Russia's next target amid its ongoing war with Ukraine. Aaron MacLean reports.
Lithuanian citizens are preparing for potential Russian aggression as the Ukraine war rages on. CBS News' Aaron MacLean reports.
Russian strikes pummeled Ukraine's capital as soon as a three-day pause for peace talks with President Trump's envoys ended.
Lithuanian citizens are mobilizing against potential Russian aggression as the U.S. special envoys Steve Witkoff and Jared Kushner held talks in Moscow and Kyiv. CBS News national security analyst Aaron MacLean has more.
After meeting Putin, President Trump's envoys are expected to discuss a proposal to end the war in Ukraine.
This week on "Face the Nation with Margaret Brennan," President Trump's envoys Steve Wiktoff and Jared Kushner landed in Kyiv in an attempt to end the now five-and-a-half yearlong war with Russia. Plus, a look at where the midterm elections stand with less than two months until Election Day.
Presidents Vladimir Putin and Volodymyr Zelenskyy agreed to pause strikes on each other's capitals while U.S. envoys Steve Witkoff and Jared Kushner hold talks to revive peace efforts.
Russian President Vladimir Putin met with American envoys Steve Witkoff and Jared Kushner at the Kremlin in Moscow in a new effort to end the war with Ukraine.
The Trump administration is trying to revive peace talks between Russia and Ukraine. This weekend, White House special envoy Steve Witkoff and President Trump's son-in-law Jared Kushner are traveling to Moscow and Kyiv to meet with Russian President Vladimir Putin and Ukrainian President Volodymyr Zelenskyy. John Herbst, former U.S. ambassador to Ukraine and Uzbekistan, joins with analysis.
Energy Secretary Chris Wright is back in the U.S. after his trip to Venezuela to hash out the new oil deal between the two nations. CBS News chief foreign affairs correspondent and "Face the Nation" moderator Margaret Brennan has more.
The U.S. launched new strikes against Iran on Tuesday after tankers were hit in the Strait of Hormuz. State Department Spokesman Tommy Pigott joins "The Takeout" to discuss.
Spain's Prime Minister Pedro Sánchez says "networks linked both to Russia and to Israel" helped spread rumors about immigration "to attack Europe and divide it."
Democratic Sen. Richard Blumenthal of Connecticut, who recently returned from a trip to the Ukraine region, told "Face the Nation with Margaret Brennan" that the House must forward on the Russia sanctions bill that has already passed the Senate. "It is a moment of extreme urgency," he added.
Ukrainian President Zelenskyy suggested warehouse near a residential area hit by a Russian strike was used to store ammunition.
CIA Director John Ratcliffe delivered a dire assessment of Russia's war during his recent trip to Moscow, The New York Times reports. CBS News' national security contributor Joe Zacks has more on what we know.
CIA Director John Ratcliffe warned Russia not to attack NATO member states during his visit to Moscow this week, people familiar with the matter said, amid U.S. assessments that Russia could try to test NATO.