Here’s when businesses will start getting refunds for Trump’s IEEPA tariffs

Businesses that applied for refunds of President Trump’s “liberation day” tariffs, which the Supreme Court struck down in February, are getting some clarity on when they will receive their money. The Trump administration is expected to issue the first tariff refunds as early as May 11, according to court documents filed this week. The White House …

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Book excerpt: “The New Tourist” by Paige McClanahan

Scribner We may receive an affiliate commission from anything you buy from this article. In “The New Tourist: Waking Up to the Power and Perils of Travel” (available in Trade Paperback May 13 from Scribner), journalist Paige McClanahan writes about how tourism shapes societies and individuals, and about the need to redefine the meaning of …

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Gas prices get worse as Iran war enters second month

Gas prices get worse as Iran war enters second month – CBS News Watch CBS News The Iran war has reached the 60-day mark, as data shows gas prices setting a concerning record. CBS News’ Natalie Brand and Kelly O’Grady report.

Nebraska becomes first U.S. state to enact Medicaid work requirements

Nebraska on Friday became the first U.S. state to enact Medicaid work requirements, seven months ahead of the deadline set by the Republicans’ “big, beautiful bill” law. Health care policy experts say they are closely watching Nebraska’s early rollout of the new rules, which apply to people enrolled in Medicaid under an expansion that allowed …

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Spirit Airlines could shut down as soon as Saturday

Spirit Airlines is making plans to cease operations as soon as Saturday, barring last minute intervention, CBS News has learned. Negotiations over a $500 million government aid package remained stalled after bondholders balked at the terms. Trump administration officials have been told Spirit will be shutting down operations in the next 24 hours. There will …

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Trump says he’s hiking tariffs on EU cars and trucks to 25%

Washington — President Trump said Friday that he’s hiking tariffs on cars and trucks imported from the European Union to 25%, accusing the EU of failing to comply with a deal struck last year. “I am pleased to announce that, based on the fact the European Union is not complying with our fully agreed to …

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