White House mulls using Defense Production Act in Spirit Airlines takeover
President Trump is open to some type of federal action, several sources told CBS News, and he has said publicly he'd "do it to save the jobs."
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President Trump is open to some type of federal action, several sources told CBS News, and he has said publicly he'd "do it to save the jobs."
Commerce Secretary Howard Lutnick was grilled by senators on Capitol Hill Tuesday over his appearance in recently released Epstein files. Lutnick's appearance in the files does not implicate him in any wrongdoing. CBS News congressional correspondent Nikole Killion has more.
The White House was on defense on Tuesday regarding Commerce Secretary Howard Lutnick and his connections to convicted sex offender Jeffrey Epstein. CBS News' Weijia Jiang has the latest.
The Census Bureau said it began planning the 2030 census in 2019.
The Personal Consumption Expenditures, the Federal Reserve's preferred inflation gauge, ticked higher in June.
China is refusing to let a U.S. Department of Commerce employee and a Wells Fargo banker leave the country, officials say.
New GDP data shows the U.S. economy shrank at an 0.5% annual pace from January through March, the first quarterly drop in three years.
The Trump administration says it agreed to a framework for a trade deal with China. Plus, new data from the Labor Department shows inflation rose less than expected last month. CBS News' Olivia Rinaldi and Kelly O'Grady have more.
The U.S. economy shrank during the first three months of 2025. The Commerce Department reported Wednesday that U.S. gross domestic product declined at an annual rate of 0.3% from January to March. CBS News' Kelly O'Grady and Ed O'Keefe have more.
Federal Reserve Chair Jerome Powell has issued a stark warning on the far-reaching inflation impact of the Trump administration's economic policies. His comments come as new Commerce Department data shows that retail sales rose more than expected last month with some economists attributing that to people trying to get ahead of tariff-driven price increases. CBS News MoneyWatch correspondent Kelly O'Grady breaks it down.
The president's tariff announcements have rocked the stock markets and fueled concerns of an economic downturn.
Market volatility continued Tuesday with major indexes closing in the red as President Trump negotiates tariffs with Canada. CBS News chief White House correspondent Nancy Cordes sat down with Commerce Secretary Howard Lutnick to discuss the stock swings, inflation and risks of a recession.
President Trump backed off doubling Canadian steel and aluminum tariffs after Ontario suspended a 25% electricity surcharge on several U.S. states. Nancy Cordes talked to Commerce Secretary Howard Lutnick, who brokered the truce with the Ontario premier.
Six weeks into his second term, President Trump will address a joint session of Congress on Tuesday. From tariffs to DOGE cuts to an immigration crackdown, the president's agenda is already making waves at home and overseas. Sen. Elissa Slotkin is slated to deliver the Democratic response. CBS News' Nancy Cordes and Nikole Killion report on what to expect.
President Trump and Commerce Secretary Howard Lutnick announced Tuesday a new "gold card" that would allow wealthy immigrants to buy a path to citizenship for $5 million and replace the current investment green card system. CBS News immigration and politics reporter Camilo Montoya-Galvez explains.
Moving the U.S. Postal Service into the Commerce Department, should it take place, would happen through an executive action, source say.
The wealthy financier is a staunch supporter of the president's hardline trade polices.
Lutnick is stepping down as head of investment bank Cantor Fitzgerald as he prepares to head the Commerce Department.
President-elect Donald Trump has not yet mentioned potential picks for four Cabinet positions for his second term in the White House. This comes as former Florida Rep. Matt Gaetz visits Capitol Hill ahead of the traditional confirmation process in the Senate. CBS News campaign reporter Olivia Rinaldi has more.
Trump has picked Howard Lutnick, a crypto enthusiast and the head of brokerage and investment bank Cantor Fitzgerald, to be commerce secretary.
Secretary of Commerce Gina Raimondo is focused on U.S. advanced microchip production — and keeping the chips out of China and Russia.
Secretary of Commerce Gina Raimondo is focused on U.S. advanced microchip production — and keeping the chips out of China and Russia.
The Commerce Department says the nation's gross domestic product, or GDP, rose at an annual rate of 2.8% from April through June. That's more than the 1.9% rate economists had expected for the second quarter. Jeff Stein, White House economics reporter for The Washington Post, joins CBS News to explain what the GDP growth says about the economy, and how the Federal Reserve could read the data.
While the final months of a president's time in office are known as the "lame duck period," President Biden made it clear to the country Wednesday night that he has a lot more to accomplish prior to Jan. 20. Secretary of Commerce Gina Raimondo, possible vice presidential contender for Kamala Harris, joins "America Decides" to unpack the administration's plans for the next six months as well as Harris' VP search.
Secretary of Commerce Gina Raimondo is focused on U.S. advanced microchip production — and keeping the chips out of China and Russia.
President Trump said the Strait of Hormuz will be reopened "immediately," once the memorandum of understanding is signed.
A federal appellate court denied a last-minute attempt by the Trump administration to stop the removal of President Trump's name from the Kennedy Center on Friday.
An American citizen who served in the Army and the Texas National Guard for roughly 20 years is desperately urging immigration officials to release his wife, who is facing deportation to Honduras.
The U.S. military has killed Niño Guerrero, the alleged leader of Venezuela-based gang Tren de Aragua, President Trump announced Friday.
Footwear and soccer balls were among the items taken, the BBC reported, but the theft did not include anything "game-critical."
President Trump issued an executive order in March 2025 ordering national parks to not display elements that "inappropriately disparage Americans past or living."
Lifeguard Charlie Verco said he was on his paddleboard when he saw the 11-foot shark emerge and attack a swimmer.
Paramount Skydance's $110 billion acquisition of Warner Bros. Discovery would not harm U.S. consumers or weaken competition, DOJ antitrust enforcers said.
Alabama is seeking to execute a man with lethal injection hours after his nitrogen execution was prevented from going forward.
Footwear and soccer balls were among the items taken, the BBC reported, but the theft did not include anything "game-critical."
President Trump issued an executive order in March 2025 ordering national parks to not display elements that "inappropriately disparage Americans past or living."
The U.S. men's national soccer team made easy work of Paraguay in its World Cup opener Friday, defeating the South American side 4-1 at SoFi Stadium.
The incident occurred Friday night during an outdoor service at East Lake Community Church in Moneta, Virginia.
The U.S. military has killed Niño Guerrero, the alleged leader of Venezuela-based gang Tren de Aragua, President Trump announced Friday.
Paramount Skydance's $110 billion acquisition of Warner Bros. Discovery would not harm U.S. consumers or weaken competition, DOJ antitrust enforcers said.
SpaceX's arrival in the region has been good for business, some Brownsville, Texas, residents say, while others rue its impact on the local community.
Juan Hernandez, a former SpaceX employee, owns 6,500 company shares. On the first day of public trading, his wealth ballooned by $1,046,175.
The advent of AI puts a premium on developing skills like critical thinking and communication, according to education experts. The liberal arts can help.
Nitenpyram is the first generic animal drug authorized to treat screwworms in dogs and cats, according to federal regulators.
An American citizen who served in the Army and the Texas National Guard for roughly 20 years is desperately urging immigration officials to release his wife, who is facing deportation to Honduras.
The U.S. military has killed Niño Guerrero, the alleged leader of Venezuela-based gang Tren de Aragua, President Trump announced Friday.
Paramount Skydance's $110 billion acquisition of Warner Bros. Discovery would not harm U.S. consumers or weaken competition, DOJ antitrust enforcers said.
The FBI executed a search warrant at the office of an Ohio-based group known for its voter registration work as part of an ongoing fraud-related investigation, sources told CBS News.
A federal appellate court denied a last-minute attempt by the Trump administration to stop the removal of President Trump's name from the Kennedy Center on Friday.
A chance emergency room visit led to Amy Piccoli's diagnosis with late-stage colorectal cancer.
The FDA approved a new ingredient for sunscreen that's been in use in Europe for years. Dr. Jon LaPook has more details.
A sunscreen ingredient that's been available in Europe, Japan and South Korea for years has finally been approved by the FDA for sale in the U.S.
There's a new safety concern about doctors prescribing one experimental weight loss treatment, retatrutide, that hasn't even been FDA approved yet. Adam Yamaguchi reports.
Doctors are jumping the gun to prescribe a medication lacking FDA approval that has gone viral on social media. "Why are we waiting?" one physician asked.
The officers in mascot costumes used a metal sledgehammer to break down a door to enter with colleagues.
James Boyard is the cabinet director of Haiti's Defense Ministry and also serves as inspector general of Haiti's police.
Footwear and soccer balls were among the items taken, the BBC reported, but the theft did not include anything "game-critical."
Lifeguard Charlie Verco said he was on his paddleboard when he saw the 11-foot shark emerge and attack a swimmer.
Military planners have discussed contingencies that would involve U.S. forces helping secure Iran's nuclear materials if a deal is reached, according to U.S. officials familiar with knowledge of the ongoing planning.
The White House is readying for Sunday's UFC event as questions remain over peace negotiations with Iran. Plus, the U.S. dominated Paraguay 4-1 in the team's first World Cup game.
Young the Giant broke out in 2010 with hits like "My Body" and "Cough Syrup," which boast more than 400 million streams on Spotify. Their latest record, "Victory Garden," is out now. Here's Young the Giant performing "Mind Over Matter."
Young the Giant broke out in 2010 with hits like "My Body" and "Cough Syrup," which boast more than 400 million streams on Spotify. Their latest record, "Victory Garden," is out now. Here's Young the Giant performing "Evergreen."
Young the Giant broke out in 2010 with hits like "My Body" and "Cough Syrup," which boast more than 400 million streams on Spotify. Their latest record, "Victory Garden," is out now. Here's Young the Giant performing "Different Kind of Love."
The Justice Department has given the merger between CBS News' parent company, Paramount Skydance, and Warner Bros. Discovery the green light. CBS News MoneyWatch correspondent Kelly O'Grady has the latest.
SpaceX's arrival in the region has been good for business, some Brownsville, Texas, residents say, while others rue its impact on the local community.
Residents near SpaceX's South Texas campus have mixed opinions about Elon Musk's company and its plans to expand operations. CBS News' Jason Allen reports from Starbase, Texas.
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.
The advent of AI puts a premium on developing skills like critical thinking and communication, according to education experts. The liberal arts can help.
Residents are protesting plans for a 70,000-square-foot data center near the Nashville Zoo. CBS News' Skyler Henry reports.
The Defense Department released a third batch of UFO files on Friday, three weeks after its second drop. These are all of the videos in the latest tranche, plus analysis from astrophysicist Avi Loeb.
The goblin shark had only previously been seen when caught by fishermen and they died shortly afterward.
The researchers saw many strange animals — many believed to be new to science — living off the whale carcasses.
NASA's Artemis III astronauts plan to carry out rendezvous and docking procedures with commercial moon landers being built by SpaceX and Blue Origin.
Great white sharks are classified as "critically endangered" in the Mediterranean Sea, and underwater sightings are incredibly rare.
The officers in mascot costumes used a metal sledgehammer to break down a door to enter with colleagues.
James Boyard is the cabinet director of Haiti's Defense Ministry and also serves as inspector general of Haiti's police.
On Wednesday, a 45-year-old gunman opened fire on police in Midland, Texas, allegedly refusing to surrender to police. He fled, finally barricading himself in an abandoned veterinary building and shooting wildly. All of those shot were civilians. The gunman was found dead on Friday, with the FBI and state agencies investigating. Jason Allen has more.
At least one person is dead, and 10 others are injured after a gunman opened fire in Midland, Texas, on Friday. The shooter died after a standoff with police. CBS News correspondent Jason Allen reports.
Timothy Hudson, 16, has been charged with the death and sexual assault of his stepsister, Anna Kepner, who was on a Carnival cruise ship with her family when she was killed. Hudson's step-grandmother, Sonya Ziske, spoke to CBS News about Kepner's death, blaming parental irresponsibility as a major factor. CBS News' Cristian Benavides reports.
NASA's Jared Isaacman says the crew was selected solely based on their experience, expertise and availability for flight assignment.
NASA's Artemis III astronauts plan to carry out rendezvous and docking procedures with commercial moon landers being built by SpaceX and Blue Origin.
Out of an abundance of caution, NASA briefly directed five of the seven crew members aboard the International Space Station to wait inside the docked SpaceX Crew Dragon "Freedom" spacecraft.
Three solar flares burst from the sun this week, raising the chances of seeing the northern lights for people across the United States.
NASA officials said the $582 million MAVEN orbiter could not be recovered after a problem on the far side of Mars late last year, and that its extraordinarily successful mission was at an end.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Summer is the time to enjoy live music, indoors and out. Scroll through our gallery of some of 2026's leading musical acts, featuring images by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
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.
The White House is readying for Sunday's UFC event as questions remain over peace negotiations with Iran. Plus, the U.S. dominated Paraguay 4-1 in the team's first World Cup game.
Jon Sybert and Jill Tyler opened up Rye Bunny in the Adams Morgan neighborhood of Washington, D.C., after closing their acclaimed Michelin-starred restaurant, Tail Up Goat, when its lease ended. "CBS Saturday Morning" goes inside one of the city's most popular spots for an experience akin to a dinner party.
Sportswriter Joe Posnanski and television writer Michael Schur were brought together by their love of sports, so they decided to travel around the world to collect more stories of fandom. The two sit down with "CBS Saturday Morning" to discuss their book, "Big Fan: Two Friends, 82,490 Miles, and the Wild, Wonderful Sports We Love."
Jahmani Swanson, known as "Hot Shot" sat down with "CBS Saturday Morning" to talk about playing for the Harlem Globetrotters as the organization celebrates its 100th anniversary.
Earlier this year, more than 13 million grill brushes were recalled after multiple injuries were reported from wire bristles breaking off. Firefighter Scott Mobley and Anthony Tranchida partnered up to create a bristle-free brush that uses steam to clean your grill, and "CBS Saturday Morning" gets a first-hand look at how it works just in time for Father's Day. (Sponsored by Grill Rescue)