• First on CNN: Former White House Counsel Pat Cipollone and former US Sen. Kelly Loeffler testify to grand jury in Georgia investigating 2020 election interference
Former US Treasury Secretary Larry Summers said on Thursday that it's "substantially" more likely than not that the United States will enter a recession next year. Recession became "almost inevitable" once inflation rates grew above 5%, he said. On an annual basis, prices rose by 8.2% in September.
Former Treasury Secretary Steve Mnuchin testified on Thursday during the foreign lobbying trial of Tom Barrack, a former adviser to then-President Donald Trump, as the defense tried to knock down allegations that Barrack was acting as a foreign agent for the United Arab Emirates.
BMW recently announced a $1.7 billion investment to help prepare its huge Spartanburg, South Carolina, factory to produce electric cars and SUVs. That sum included $700 million for the construction of a battery manufacturing plant nearby.
Retired federal Judge J. Michael Luttig -- considered a legal luminary in conservative circles -- is joining with voting rights groups as a co-counsel in a Supreme Court case in order to persuade the justices to reject an obscure legal theory that has been promoted by supporters of former President Donald Trump.
The Department of Homeland Security put together a plan months ago to deal with thousands of migrants arriving at the border: flying some of them to cities deeper inside the US for processing.
