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U.S. likely to enter a recession within 12 months, economists say

The U.S. is likely to enter a recession sometime next year, forcing employers to cut jobs and causing corporate profits to shrink, according to a new survey of economists. The survey, released Monday by the National Association for Business Economics, found that more than half of respondents said the U.S. is …

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Full transcript of “Face the Nation” on Oct. 23, 2022

On this “Face the Nation” broadcast moderated by Margaret Brennan House Speaker Nancy PelosiDr. Scott Gottlieb, former FDA commissionerChris Krebs and Kara SwisherAmos Hochstein, special presidential coordinator for international energy affairs Click here to browse full transcripts of “Face the Nation.”   MARGARET BRENNAN: I’m Margaret Brennan in Washington. And this week …

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“That ’70s Show” actor Danny Masterson on trial on 3 rape charges

Danny Masterson, former star of the long-running sitcom “That ’70s Show,” is about to face three women in court who say he raped them two decades ago at a trial whose key figures are all current or former members of the Church of Scientology. Opening statements could begin as early as …

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Some real estate markets cooling as mortgage rates hit 20

Burbank — Inflation, soaring mortgage rates and record high prices are making it difficult for many Americans to buy a home. But there could be some relief in sight, as skyrocketing rates have helped cool some of the nation’s hottest housing markets. According to Freddie Mac, the average rate on a …

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Indiana teacher who allegedly had “kill list” that included at least one student arrested

A fifth-grade teacher in East Chicago, Indiana is accused of making a “kill list” that included at least one of her students, CBS Chicago’s Jermont Terry reports. A student in the her class in the St. Stanislaus School is being credited with stepping up and telling school officials about it. …

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Inflation will crimp many Americans’ holiday travel plans

Inflation could dash some of the holiday cheer for many Americans who plan on traveling to see family and friends this season. Surging gas, airfare and hotel costs are making travelers especially budget-conscious, according to a survey from Bankrate. Americans said they plan to travel shorter distances, spend fewer days …

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This week on “Face the Nation with Margaret Brennan,” October 9, 2022: Hobbs, Lake, Baker, Glasser, El

“Face the Nation” Guest Lineup: Katie Hobbs — (D-Ariz.) Candidate for governor Kari Lake — (R-Ariz.) Candidate for governor Peter Baker — New York Times chief White House correspondent Susan Glasser — The New Yorker staff writer  Mohamed El-Erian — Allianz chief economic adviser  Latest CBS News Battleground Tracker with: Anthony Salvanto — CBS News elections …

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Purdue student Ji Min Sha arrested after roommate Varun Chheda killed inside dorm, police say

A student at Purdue University was stabbed to death inside his dorm room on the Indiana school’s campus early Wednesday, according to officials and preliminary autopsy results. A suspect, the victim’s roommate, has been arrested in connection with the crime.  The victim was identified as Varun Manish Chheda, 20, a …

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Unnecessary meetings can cost big companies $100 million a year, report finds

Large companies could save as much as $100 million a year by holding fewer unnecessary meetings and cutting down on their invite lists, according to a recent study.  A common refrain among workers who were polled as part of the report — produced for meeting note software maker Otter.ai by Steven G. …

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Virginia students protest Gov. Glenn Youngkin’s proposed transgender policies

Student activists held school walkouts across Virginia on Tuesday to protest Republican Gov. Glenn Youngkin’s proposed changes to the state’s guidance on district policies for transgender students that would roll back some accommodations. Beginning Tuesday morning, students streamed out of their classrooms to decry the model policies unveiled earlier this month.  If …

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