Here's how families plan to use their Child Tax Credit money
It was a choice between "back-to-school stuff or food" before the first government check arrived, one mom said.
Child Tax Credit
June retail sales numbers show spending in U.S. is up
The U.S. Census retail sales report for the month of June was released on Friday and to many analysts, the numbers were promising. The 0.6 percent bump in sales is significant, the Commerce Department says, since the last rise of this size was last seen in March 2021 around the time stimulus checks were doled out. Diane Swonk, chief economist for Grant Thornton, joined CBSN to help make heads or tails of what the rise could mean for Americans.
Child Tax Credit: How much you'll get — and how to opt out
Questions abound about the new tax program, ranging from whether newborns can get checks to the impact of marital status.
Biden hosts German Chancellor Angela Merkel
On Thursday, President Biden hosted German Chancellor Angela Merkel for what's likely to be her last visit to the White House as the leader of Germany. CBS News correspondent Skyler Henry reports on what the two leaders discussed, then CBSN anchor Lana Zak and CBSN political contributor Sean Sullivan discuss how the two leaders reaffirmed the relationship between their nations, and America's newly enhanced child tax credit.
Biden meets with Germany's Angela Merkel
President Biden met at the White House with German Chancellor Angela Merkel on Thursday as he seeks to reaffirm the U.S. relationship with European allies. CBSN Washington reporter Caitlin Huey-Burns, NPR's White House correspondent Tamara Keith, and Axios' political reporter Sarah Mucha join "Red and Blue" anchor Elaine Quijano to discuss the day's political headlines, including a meeting between House Republican leader Kevin McCarthy and former President Donald Trump.
Child Tax Credits land in families’ bank accounts
The IRS has begun distributing payments to eligible families with children under age 17 as part of the Child Tax Credit. Households will receive up to $300 a month for each child.
Biden celebrates "life-changing" Child Tax Credit payments as checks go out
Democrats push for payments to extend beyond 2021 as the first checks hit bank accounts July 15
Biden and Harris on Child Tax Credit payments
President Biden said it was a "historic day" as roughly $15 billion were distributed to the families of nearly 60 million children in the first monthly payments of the advanced Child Tax Credit. He and Vice President Kamala Harris spoke Thursday about the payments. Watch their remarks.
Biden urges Democrats to back budget plan
President Biden met with fellow Democrats on Capitol Hill to shore up support for a new $3.5 trillion budget plan that could include an expansion of new Child Tax Credit payments. Republicans won't back the plan, so every Senate Democrat needs to be on board in order for it to pass. CBS News senior White House and political correspondent Ed O'Keefe joined CBSN to discuss.
House Democrat on Child Tax Credit and more
Millions of parents across the country could see extra money in their bank accounts starting Thursday as the new monthly Child Tax Credit payments begin. The rollout comes after President Biden met with fellow Democrats on Capitol Hill to shore up support for a $3.5 trillion infrastructure plan that could include expanded Medicare coverage, money to fight climate change and a pathway to citizenship for certain immigrants. Congressman Ro Khanna, a Democrat from California, joined CBSN's Tanya Rivero to discuss.
Child Tax Credit: Here's when payments will hit accounts
IRS sending payments of up to $300 per child as part of the government's efforts to "supersize" stimulus aid.
Families set to receive child tax credit payments
The federal government will begin dispersing monthly cash payments to low- and moderate-income families on July 15 as part of the child tax credit program included in the latest round of COVID relief. The rollout comes as the Federal Reserve paints a clearer picture of the current state of the economy, saying inflation will likely remain elevated in the coming months. CBS News reporter Sarah Ewall-Wice joins CBSN's Lana Zak with the details.
Democrats unveil $3.5 trillion budget
President Biden held a high-stakes meeting with Senate Democrats as he seeks support for a $3.5 trillion spending plan. Kris Van Cleave has the latest.
Budget deal, crime concerns, troop withdrawal
CBS News correspondent Natalie Brand, National Journal columnist Josh Kraushaar, and BuzzFeed News political reporter Kadia Goba join "Red and Blue" anchor Elaine Quijano to discuss Senate Democrats' $3.5 trillion budget deal, a new poll on concerns about rising crime, and how the White House says it will help those who assisted the U.S. during the war in Afghanistan.
How child care affects U.S. economic recovery
Millions of eligible families will receive the first in a series of monthly payments of the expanded Child Tax Credit this week, which could help parents and guardians struggling to pay for child care. Richard Weissman, CEO and founder of The Learning Experience, joined CBSN to discuss why child care is so crucial to the nation's economic recovery.
Biden to discuss nationwide gun violence surge
President Biden will focus on the recent surge in crime and deadly gun violence across the country during a high-stakes meeting Monday at the White House with Attorney General Merrick Garland, New York City mayoral candidate Eric Adams, local leaders and law enforcement officials. CBS News senior White House and political correspondent Ed O'Keefe joins CBSN with the latest developments.
Stimulus aid roundup: Here are benefits you might have missed
Some people may qualify for more stimulus cash than they realize, while other programs can offer surprise benefits.
Child Tax Credit: Here's who will get up to $1,800 per child in cash
The expanded tax credit isn't available to all parents, and some recipients may be asked to repay the IRS next year.
Understanding the new child tax credit plan
Millions of families will receive monthly cash payments thanks to the new child tax credit plan. CBS News business analyst Jill Schlesinger joins "CBS This Morning" to explain who qualifies and how much they'll get.
Biden economic adviser talks Child Tax Credit
The Biden administration wants to raise awareness about the government's expanded Child Tax Credit, the monthly payments to families the administration is pushing to put in place long term. Heather Boushey, a member of the White House Council of Economic Advisers, joined CBSN to discuss how an extension would be paid for and how the program would affect child poverty.
Expanded child tax credit starts next month
The Biden administration will begin investing in low- and middle-income families through the expanded child tax credit program starting next month. Eligible parents with children under 18 will receive monthly payments this year to help with the cost of raising kids. CBS MoneyWatch reporter Aimee Picchi joined CBSN to discuss who is eligible and how much they'll receive.
White House press secretary on Biden's domestic agenda
Some of President Biden's key legislative priorities face tests this week, as lawmakers continue to negotiate an infrastructure plan, voting rights legislation and police reform. White House press secretary Jen Psaki joins "CBS This Morning" to discuss.
Democratss press forward with election reform vote
Senate Majority Leader Chuck Schumer will hold a procedural vote on Democrats' S1 or the "For the People Act" on Tuesday, despite opposition to the bill from Republicans and even members of the Democratic party. CBS News congressional correspondent Nikole Killion, Politico "Playbook" co-author Tara Palmeri and LA Times White House reporter Eli Stokols join CBSN's "Red and Blue" anchor Elaine Quijano with details on the battle over voting rights, the latest on infrastructure negotiations and a new poll that shows conservatives rallying behind Florida Governor Ron DeSantis over former President Trump.
#MoneyTok: The expanded child tax credit
President Biden's expansion of the child tax credit will put cash in the accounts of qualifying families every month, starting July 15. Here are the details.
Millions to receive 2021 child tax credit
A new IRS tool will help millions of low-income Americans file for their 2021 child tax credit. The monthly payments will begin July 15 and extend through the year. While Democrats are trying to make the current payments permanent, Republicans are looking to introduce their own version of the credit. CBS News reporter Sarah Ewall-Wice joined CBSN's Elaine Quijano to discuss.
Body of soldier who went missing in Morocco recovered, U.S. Army says
The Moroccan military recovered the body of one of two U.S. soldiers who went missing on May 2, the U.S. Army said.
Netanyahu wants Israel "to draw down to zero the American financial support"
Israeli Prime Minister Benjamin Netanyahu addresses the conflicts in Iran and Lebanon, the prospects for a peace deal, and the relationship between the U.S. and Israel.
American on hantavirus ship tests "mildly" positive on flight home, HHS says
A Dutch-flagged cruise ship that was hit by a deadly hantavirus outbreak reached Spain's Canary Islands early Sunday morning.
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Trump says Iran's response to peace proposal "totally unacceptable"
President Trump did not provide further details on what issues he had with the response or what would come next.
Taiwan to be key issue at Trump's summit with China's President Xi
Taiwan, one of the world's biggest diplomatic flashpoints, will be top of mind for President Xi when he meets with President Trump.
International operation disrupts "cocaine highway" across the Atlantic
Europol said an international operation successfully disrupted a major drug trafficking route known as the "cocaine highway."
CBS News Radio: A beacon of broadcast journalism signs off
Founded nearly a century ago, CBS Radio, featuring legends such as Edward R. Murrow, Robert Trout and Charles Osgood, created the template for broadcast journalists. But on May 22, CBS will end its heralded radio service.
Louisiana's governor defends decision to suspend congressional primaries
After the Supreme Court ruled a Louisiana congressional map unconstitutional, Gov. Jeff Landry suspended primaries, the state is redrawing its map, and some Black voters fear losing their voice in D.C.
Exclusive
Coast Guard seizes sailboat in Lynette Hooker's disappearance probe, sources say
The sailboat used by Brian and Lynette Hooker in their travels around the Bahamas — named "Soulmate" — has been seized by U.S. Coast Guard investigators.
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Coast Guard seizes sailboat in Lynette Hooker's disappearance probe, sources say
The sailboat used by Brian and Lynette Hooker in their travels around the Bahamas — named "Soulmate" — has been seized by U.S. Coast Guard investigators.
Full transcript of "Face the Nation with Margaret Brennan," May 10, 2026
On this "Face the Nation with Margaret Brennan" broadcast, Energy Secretary Chris Wright and Sen. Mark Kelly join Margaret Brennan.
Sen. Mark Kelly says Pentagon's $1.5 trillion budget request is "outrageous"
Democratic Sen. Mark Kelly of Arizona said the Trump administration's $1.5 trillion budget request for defense spending is "outrageous."
A city rises again from the ashes – but will it be strong enough?
In Los Angeles, rebuilding after last year's devastating wildfires has been a race to the status quo, with speed winning out over safety and strength.
Motherless daughters: Coming together
Twenty years ago, Hope Edelman, author of the bestseller "Motherless Daughters," founded a global support network for women who, like her, were young when their mothers died – to share tears, sisterhood and affirmation.
MoneyWatch
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Fed unlikely to cut interest rates until 2027, Bank of America says
A "hawkish" turn at the Fed and stubbornly high inflation could delay interest rate cuts, according to Bank of America economists.
What the Trump administration's latest tariff blow means for businesses
A trade court's ruling this week against a 10% U.S. tariff is narrow in scope, offering limited relief to importers. Here's what to know.
ABC accuses the FCC of violating free speech rights over "The View"
ABC filed a petition with the FCC claiming that the agency's scrutiny of "The View" threatens to "chill critical protected speech."
Employers added 115,000 jobs in April, blowing past forecasts
Hiring once again exceeded forecasts, with employers adding far more than the projected gains of 65,000.
U.S. trade court rules against Trump's 10% tariffs
The tariffs were put in place in February, days after the Supreme Court struck down President Trump's previous round of sweeping "Liberation Day" tariffs.
Politics
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Taiwan to be key issue at Trump's summit with China's President Xi
Taiwan, one of the world's biggest diplomatic flashpoints, will be top of mind for President Xi when he meets with President Trump.
Full transcript of "Face the Nation with Margaret Brennan," May 10, 2026
On this "Face the Nation with Margaret Brennan" broadcast, Energy Secretary Chris Wright and Sen. Mark Kelly join Margaret Brennan.
Sen. Mark Kelly says Pentagon's $1.5 trillion budget request is "outrageous"
Democratic Sen. Mark Kelly of Arizona said the Trump administration's $1.5 trillion budget request for defense spending is "outrageous."
Transcript: Scott Gottlieb on "Face the Nation with Margaret Brennan," May 10, 2026
The following is the transcript of the interview with former FDA Commissioner Scott Gottlieb, who is on boards the of Pfizer and UnitedHealthCare, that aired on "Face the Nation with Margaret Brennan" on May 10, 2026.
Transcript: Rep. Ted Lieu on "Face the Nation with Margaret Brennan," May 10, 2026
The following is the transcript of the interview with Rep. Ted Lieu, Democrat of California, that aired on "Face the Nation with Margaret Brennan" on May 10, 2026.
HealthWatch
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American on hantavirus ship tests "mildly" positive on flight home, HHS says
A Dutch-flagged cruise ship that was hit by a deadly hantavirus outbreak reached Spain's Canary Islands early Sunday morning.
Hantavirus cruise passengers to be evacuated
In just hours, the cruise ship at the center of a deadly hantavirus outbreak is expected to arrive in the Canary Islands. All the passengers will then be evacuated to their home countries, including 17 Americans. Ramy Inocencio reports and Dr. Jon LaPook has more on the virus.
WHO director arrives in Canary Islands to oversee hantavirus cruise evacuation
More than 100 people from a cruise ship dealing with an outbreak of the rare and deadly hantavirus are set to be disembarked.
A deadly diagnosis almost derailed a mom's dream. Her husband gave her hope.
Maralee Lellio always dreamed of having a large family. A Stage IV cancer diagnosis almost caused her to lose hope.
Man who survived hantavirus 24 years ago, but lost mom and sister, recounts experience
In 2002, Zermeño found out he contracted hantavirus after cleaning the family house following the death of his mother and sister. He had been exposed to rodent droppings and became infected.
World
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Taiwan to be key issue at Trump's summit with China's President Xi
Taiwan, one of the world's biggest diplomatic flashpoints, will be top of mind for President Xi when he meets with President Trump.
Body of soldier who went missing in Morocco recovered, U.S. Army says
The Moroccan military recovered the body of one of two U.S. soldiers who went missing on May 2, the U.S. Army said.
Russia and Ukraine accuse each other of violating U.S.-brokered ceasefire
Russia and Ukraine accused each other of breaking a U.S.-brokered ceasefire on Sunday.
International operation disrupts "cocaine highway" across the Atlantic
Europol said an international operation successfully disrupted a major drug trafficking route known as the "cocaine highway."
Transcript: Scott Gottlieb on "Face the Nation with Margaret Brennan," May 10, 2026
The following is the transcript of the interview with former FDA Commissioner Scott Gottlieb, who is on boards the of Pfizer and UnitedHealthCare, that aired on "Face the Nation with Margaret Brennan" on May 10, 2026.
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5/10: Sunday Morning
Hosted by Jane Pauley. Featured: The Supreme Court ushers in a new era of gerrymandering; the legacy of CBS News Radio; motherless daughters; comedian Martin Short; rebuilding L.A.; remembering Ted Turner; and Martha Stewart prepares a Mother's Day breakfast.
Martin Short: Facing tragedy with joy
When you learn what Martin Short has endured in his private life, as captured in the hilarious and heartbreaking documentary "Marty: Life Is Short," the comedian's irrepressibly sunny attitude is all the more astonishing.
Extended interview: Martin Short
In this web exclusive, correspondent Tracy Smith sits down with comedian Martin Short, star of "SCTV," "Saturday Night Live" and "Only Murders in the Building," to talk about how director Lawrence Kasdan convinced him to become the subject of the documentary, "Martin: Life Is Short." They also discuss applying his childhood fantasies in show business; experiencing grief and loss as a young man; his first professional job on "Godspell" with Gilda Radner; and the value of reading his own reviews. He also describes his treasured characters like Ed Grimley, Nathan Thurm and Jiminy Glick.
Martin Short: Facing tragedy with joy
For more than 50 years, comedian Martin Short has been a bright spot on any stage or screen. And when you know what he has endured in his private life, his irrepressibly sunny attitude is all the more astonishing. "Marty: Life Is Short," a hilarious and heartbreaking Netflix documentary, tells of the personal tragedies that Short has endured since childhood – and how he has risen above them. Correspondent Tracy Smith talks with Short and director Lawrence Kasdan about grief and loss being met with laughter and joy.
Martha Stewart: How to make an omelet
In her latest book, "The Martha Way," Martha Stewart shares her classic methods for cooking – the building blocks essential to every home chef.
Technology
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Technology
Online learning platform Canvas hacked
The online learning platform Canvas, which is used by 30 million students around the world, was hacked Thursday in a massive cyberattack. The platform is used by thousands of schools, including major universities. Jo Ling Kent reports.
Canvas back online after cyberattack hit learning platform for U.S. schools
A system that thousands of schools and universities use was offline due to a cyberattack.
How AI powered robots are helping small farms
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.
Here's how AI can help with retirement planning, and where it struggles
As more people turn to chatbots for financial advice, experts say AI offers both pros and cons for retirement planning. Here's what to know.
Google unveils screenless Fitbit
Fitness trackers started as devices for measuring workouts, but now they are designed for 24/7 monitoring and the passive collection of health data. Fitbit announced its latest device, called the Fitbit Air, to compete with other screenless trackers like the Whoop. Tech journalist Lexi Savvides joins CBS News with more.
Science
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What's in the released UFO files?
The Pentagon released UFO documents on Friday, with President Trump telling the public to "have fun" deciding for itself what is going on. Carter Evans reports.
Trump: UFO files released for transparency
Defense Secretary Pete Hegseth said it's time for the American people see it for themselves, as the Pentagon started releasing previously classified documents related to UFOs and UAPs. CBS News Pentagon reporter Eleanor Watson has more.
"The Age of Disclosure" director on UFO files
The Pentagon on Friday released and declassified numerous files on UFOs, including eyewitness testimony, photos and reports. Government knowledge of non-human intelligent life was the subject of the documentary "The Age of Disclosure," released in February. Its director and producer, Dan Farah, joins CBS News to discuss.
Pentagon begins releasing UFO files: "It's time the American people see"
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."
Mysterious world beyond Pluto may have atmosphere, study says
If confirmed, the rock would become just the second world past Neptune in our solar system to host an atmosphere.
Crime
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Crime
Beverly Hills 911
Beverly Hills detectives try to figure out how a widow ended up dead below a staircase in her mansion. "48 Hours" correspondent Erin Moriarty reports.
How did a wealthy widow wind up dead below a staircase in her mansion?
Beverly Hills detectives responding to the death of 67-year-old Violet Yacobi — who was found on the marble floor below a staircase in her mansion — suspected foul play and her dentist son, and wondered if the family fortune was a motive for murder.
Mother of missing woman in Bahamas speaks out
The search for Michigan mother Lynette Hooker headed into a fifth week as Coast Guard investigators seek to question the owners of a sailboat that was moored near the Hooker's vessel when she went missing. Cristian Benavides reports.
CBS News finds security gaps at Hilton Hotel
CBS News homeland security correspondent Nicole Sganga returned to the Hilton Hotel in Washington, D.C., to better understand the security surrounding the White House Correspondents' Dinner. What she found was a 13-minute gap in security camera coverage in the moments leading up to the shooting.
DOJ yet to authenticate possible Epstein note
A federal judge has made public an apparent suicide note written by convicted sex offender Jeffrey Epstein. CBS News' Anna Schecter reports.
Space
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UFO files reveal astronauts saw mysterious objects and lights in 1972
NASA's Apollo 17 crew reported seeing three mysterious dots and sparks that resembled fireworks, according to new files released by the Pentagon.
Pentagon begins releasing UFO files: "It's time the American people see"
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."
Mysterious world beyond Pluto may have atmosphere, study says
If confirmed, the rock would become just the second world past Neptune in our solar system to host an atmosphere.
Artemis crew surprises 5-year-old aspiring astronaut with special gift
The Artemis II team gained a new member, and the crew made sure their youngest teammate had the right stuff for space.
Artemis II crew reveals what snack they ate right after splashdown
The Artemis II astronauts said they actually really enjoyed the space food, but it was a familiar candy they enjoyed after splashing down in the Pacific Ocean.
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Notable Deaths in 2026
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Evidence in the Barbara Kendhammer case
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
The life & near death of prizefighter Christy Salters-Martin
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Timeline: The disappearance of George Smith
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Who is Alix Tichelman?
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Latest CBS News Videos
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5/10: CBS Weekend News
Americans on hantavirus cruise ship headed back to the United States. Trump says Iran proposal "totally unacceptable."
Fighting continues between Israel and Lebanon
President Trump on Sunday reacted to Iran's official response to the latest U.S. proposal to end the three-month old war. Meanwhile, fighting continues between Israel and Lebanon despite a ceasefire. Holly Williams reports from Tel Aviv.
What's at stake in Trump's trip to Asia
President Trump will depart Washington on Monday for Asia. He'll make stops in Japan and South Korea before traveling to China to meet with President Xi Jingping for a two-day summit. Anna Coren is in Taipei with the details.
Americans on hantavirus cruise heading back home
Americans who were on a cruise ship hit by a deadly hantavirus outbreak are headed back to the United States. They were evacuated Sunday from the Canary Islands. Remy Inocencio is in Tenerife with the latest.
Search team finds body of U.S. soldier in Morocco
The U.S. Army announced on Sunday the remains of one of the two missing American soldiers in Morocco has been recovered.