White House National Economic Council Director Kevin Hassett told “Face the Nation with Margaret Brennan” that although Spirit Airlines said rising fuel prices had contributed to its demise, “energy shocks don’t have a big effect” on other airlines’ business. But he acknowledged that “certainly, that will affect the profits for the airlines for a quarter … Read more
WASHINGTON — The world economy is experiencing a disorienting flashback to the 1970s. Oil prices are once again surging in the wake of war in the Middle East, driving up the cost of gasoline, diesel and jet fuel and threatening a return to stagflation – the toxic mix of higher prices and slower growth that … Read more
The Final Four is set in the NCAA Men’s Basketball Tournament after a dramatic finish in Sunday night’s matchup between UConn and Duke. Scott Dochterman, college sports reporter for The Athletic, joins CBS News to preview the upcoming semifinals. Source link
The No. 2 Connecticut Huskies will play in their third Final Four in four seasons after a stunning, come-from-behind victory against the No. 1 Duke Blue Devils in the final game of the men’s Elite Eight on Sunday. The Huskies were trailing for most of the game — from the 18:26 mark of the first … Read more