President Trump on Thursday said his administration will invoke the Defense Production Act to spend $150 million to boost gasoline and diesel production in the U.S., the latest effort from the administration to lower fuel prices. The Defense Production Act, or DPA, is a Korean War-era law that allows the president to use loans, purchase…
Chipotle Mexican Grill’s stock jumped as much as 8% on Thursday after the Financial Times reported that Starbucks has explored a deal to buy the “fast-casual” restaurant chain. A potential merger would represent one of the largest restaurant acquisitions in history, according to industry analysts. In 2014, Burger King acquired Canadian chain Tim Hortons in…
Five European Union countries are pushing ahead with plans to start deporting asylum seekers whose applications are rejected to third countries outside the bloc, potentially in Africa, after the EU approved new rules this week that clear the way for the practice. Greece, Germany, Austria, Denmark and the Netherlands have agreed on a common framework…
The Trump administration spent $9.5 billion on employee administrative leave costs in 2025, a sixfold increase from 2023 that was spurred by the administration’s push to cut down the federal workforce. According to a Government Accountability Office (GAO) report published Tuesday, the use of paid administrative leave increased by 435% from 2023 to 2025. They…
On this “Face the Nation with Margaret Brennan” broadcast, moderated by Margaret Brennan: Republican Sen. John Kennedy of Louisiana Independent Sen. Bernie Sanders of Vermont U.S. Ambassador to the United Nations Mike Waltz Former FDA Commissioner Dr. Scott Gottlieb A look at new CBS News polling with Anthony Salvanto, CBS News’ executive director of elections and surveys Click here to browse full transcripts from…
The following is the transcript of an interview with Louisiana Sen. John Kennedy, a Republican, that aired on “Face the Nation with Margaret Brennan” on July 26, 2026. MARGARET BRENNAN: We turn now to Republican Senator John Kennedy, who joins us this morning from Madisonville, Louisiana. Senator, it’s good to have you on the program….
U.S. Immigration and Customs Enforcement has made plans to ramp up operations to arrest and deport Haitian migrants, as hundreds of thousands of Haitians brace for the termination of their legal status, according to two agency sources and federal documents obtained by CBS News. The plans include arresting migrants in Ohio — where large…
