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.
Three people were killed in a shooting at the Islamic Center of San Diego, and two suspected shooters were found dead inside a vehicle nearby, police said.
President Trump had warned Sunday that "the Clock is Ticking" for Iran to accept a peace agreement.
Thirty years ago, a Cuban fighter jet shot down two civilian planes operated by Florida-based exile group Brothers to the Rescue, an incident that inflamed U.S.-Cuba relations.
Massie said the president is worried about his preferred candidate Ed Gallrein's chances in the Kentucky race.
President Trump had accused the Treasury Department and IRS of unlawfully allowing a government contractor to leak his tax returns and those of his sons and company.
The Trump administration is doubling down on efforts to resettle White Afrikaners from South Africa as refugees, proposing to increase the government's refugee cap to welcome thousands more of them, according to a plan obtained by CBS News.
Iran executed more than twice as many people last year as it did in 2024, according to a new report by Amnesty International.
At issue in the cases was who can bring lawsuits in federal court to address potential violations of Section 2 of the Voting Rights Act.
New York Gov. Kathy Hochul said the MTA and LIRR unions reached "a fair deal" to end the strike after three days.
New York Gov. Kathy Hochul said the MTA and LIRR unions reached "a fair deal" to end the strike after three days.
With inflation hitting its highest point since 2023, Kiana Powell told CBS News, "I cannot let a deal go to waste if it's something that I am using daily."
The New York Times sued the Defense Department Monday for the second time in recent months over media access.
Massie said the president is worried about his preferred candidate Ed Gallrein's chances in the Kentucky race.
Acting Attorney General Todd Blanche announced the creation of the fund as part of the settlement of President Trump's lawsuit against the IRS over the leaking of his tax returns.
With inflation hitting its highest point since 2023, Kiana Powell told CBS News, "I cannot let a deal go to waste if it's something that I am using daily."
U.S. wage growth is lagging inflation for the first time since 2023, eroding consumers' purchasing power.
California jury dismissed all charges, finding that Musk missed the three-year statute of limitations to file suit.
The combined company will serve about 10 million utility customers across Florida, Virginia, North Carolina and South Carolina.
Accessory Dwelling Units, or ADUs, are small, fully-functional secondary homes located on the same property as a main home, usually in the backyard, filling a vital need where housing has proved scant or expensive.
The Trump administration is doubling down on efforts to resettle White Afrikaners from South Africa as refugees, proposing to increase the government's refugee cap to welcome thousands more of them, according to a plan obtained by CBS News.
The New York Times sued the Defense Department Monday for the second time in recent months over media access.
Massie said the president is worried about his preferred candidate Ed Gallrein's chances in the Kentucky race.
Acting Attorney General Todd Blanche announced the creation of the fund as part of the settlement of President Trump's lawsuit against the IRS over the leaking of his tax returns.
Thirty years ago, a Cuban fighter jet shot down two civilian planes operated by Florida-based exile group Brothers to the Rescue, an incident that inflamed U.S.-Cuba relations.
A missionary doctor who was serving in Congo will receive treatment in Germany after testing positive for Ebola. Skyler Henry has the latest.
An American medical missionary in the Democratic Republic of the Congo has a confirmed case of Ebola, and is being taken to Germany for treatment.
The virus behind the latest Ebola outbreak is the Bundibugyo virus, which is less common and there is no vaccine or treatment.
The Trump administration announced it's restricting people who don't have U.S. passports from entering the country if they have been in Congo, South Sudan or Uganda amid the Ebola outbreak.
A CBS News investigation into youth residential treatment programs finds allegations of abuse, a lack of federal oversight, and families left to navigate a multibillion-dollar industry largely on their own.
Iran executed more than twice as many people last year as it did in 2024, according to a new report by Amnesty International.
Thirty years ago, a Cuban fighter jet shot down two civilian planes operated by Florida-based exile group Brothers to the Rescue, an incident that inflamed U.S.-Cuba relations.
President Trump said he received a request from the leaders of Qatar, Saudi Arabia and the United Arab Emirates.
A man armed with a rifle carried out a string of attacks, killing at least six people and wounding eight others, Turkish President Recep Tayyip Erdogan said.
An American medical missionary in the Democratic Republic of the Congo has a confirmed case of Ebola, and is being taken to Germany for treatment.
Rob Cesternino, a 2-time "Survivor" castaway, talks about the upcoming "Survivor 50" finale, who he think will make the final three and who is his favorite to win the game.
Golden Globe-nominated actor Hayden Panettiere shares her story and opens up about life in the spotlight as a young actor, postpartum depression and her healing journey.
Jane Pauley hosts our annual look at design. Featured: Tiny homes in your backyard; Louis Vuitton; Adobe house construction; Finland's Marimekko; domino art; Philadelphia food favorites; chandeliers; Longwood Gardens; rare maps; and director Jon Favreau of "The Mandalorian and Grogu."
"Call Her Daddy" host Alex Cooper said on Instagram that she and husband Matt Kaplan are expecting their first child.
Jon Favreau, creator of the "Star Wars" series "The Mandalorian," has now brought the father-son relationship of Pedro Pascal's bounty hunter and his charge "Baby Yoda" to the big screen.
A California jury on Monday unanimously dismissed Elon Musk's lawsuit against OpenAI and its top executives. CBS News legal contributor Jessica Levinson breaks down the case.
A California jury on Monday unanimously dismissed Elon Musk's lawsuit against OpenAI and Sam Altman. CBS News senior business and technology correspondent Jo Ling Kent reports.
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.
California jury dismissed all charges, finding that Musk missed the three-year statute of limitations to file suit.
A nine-person jury will begin deliberations Monday in Elon Musk's $150 billion civil lawsuit against OpenAI CEO Sam Altman. Rachel Metz, artificial intelligence reporter for Bloomberg, joins with more.
The upcoming El Niño could trigger frequent and widespread flooding in coastal areas around the United States, even when storms aren't actively taking place, scientists warn.
The long-necked herbivore is the largest ever found in Southeast Asia, researchers said.
The last time an El Niño pattern occurred was in 2023, when the Eastern Pacific hurricane season produced 20 tropical systems.
NASA's Psyche spacecraft will slingshot past Mars on Friday, on its way toward a rare metal-rich asteroid.
Greater protections for endangered emperor penguins and how to manage growing tourism are topping the agenda at talks on Antarctica in Japan.
Police held a news conference Monday evening to give an update on the deadly shooting at the Islamic Center of San Diego. Authorities say the two suspects killed three others before being found dead in a nearby vehicle.
Luigi Mangione appeared in court on Monday for a pivotal hearing where a judge ruled what items can and cannot be used as evidence in his upcoming state murder trial over the killing of UnitedHealthcare CEO Brian Thompson. CBS News legal reporter Katrina Kaufman was inside the courtroom.
A judge on Monday ruled a 9 millimeter gun, a silencer and a red notebook allegedly found in the search of Luigi Mangione's possessions can be used as evidence in his state trial for the murder of UnitedHealthcare CEO Brian Thompson in September. Lilia Luciano has more.
Police say three adults were killed when two shooters opened fire Monday at the Islamic Center of San Diego. Jonathan Vigliotti has more.
At least three adults were killed when a pair of gunmen opened fire at the Islamic Center of San Diego on Monday. The two teenage suspects were found dead inside a nearby car, officials say. CBS News' Anna Schecter has the latest.
The International Space Station-bound SpaceX Cargo Dragon is loaded with 6,500 pounds of needed equipment, research gear and crew supplies.
Researchers expected to find "a gradual increase in artificial light at night," but instead saw "much more nuanced patterns," NASA said.
NASA's Psyche spacecraft will slingshot past Mars on Friday, on its way toward a rare metal-rich asteroid.
NASA's Apollo 17 crew reported seeing three mysterious dots and sparks that resembled fireworks, according to new files released by the Pentagon.
Defense Secretary Pete Hegseth said in a statement that the documents "have long fueled justified speculation — and it's time the American people see it for themselves."
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.
Police held a news conference Monday evening to give an update on the deadly shooting at the Islamic Center of San Diego. Authorities say the two suspects killed three others before being found dead in a nearby vehicle.
Fast-fashion giant Shein is about to get even bigger. Over the weekend, the Chinese-owned retailer approved plans to buy American brand Everlane for $100 million, according to Puck. Lauren Sherman, CBS News contributor and fashion correspondent for Puck, joins with the details.
New CBS News polling shows a large number of Americans are concerned about their finances and a growing number of people are expressing negative overall views of the U.S. economy. CBS News executive director of elections and surveys Anthony Salvanto breaks down the findings.
Luigi Mangione appeared in court on Monday for a pivotal hearing where a judge ruled what items can and cannot be used as evidence in his upcoming state murder trial over the killing of UnitedHealthcare CEO Brian Thompson. CBS News legal reporter Katrina Kaufman was inside the courtroom.
CBS News polling finds Americans are growing more frustrated with the economy as the war with Iran keeps gas prices high. CBS News correspondent Natalie Brand reports.