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.
Exclusive
Less than 14% of those ICE arrested had violent criminal records, data show
The official DHS statistics, which had not been previously reported, provide the most detailed look yet into who ICE has arrested during the Trump administration's crackdown.
Savannah Guthrie pleads for public's help in search for missing mom Nancy
"Today" show co-host Savannah Guthrie issued a plea for the public's help on Monday at what she called "an hour of desperation" in the search for her mother, Nancy.
U.S. Olympian responds after Trump calls him "a real loser"
U.S. Olympian Hunter Hess said "there is so much that is great about America, but there are always things that could be better," a day after President Trump lashed out at him.
U.S. military strikes another alleged drug vessel; search on for 1 survivor
The U.S. military struck its 39th alleged drug-carrying boat on Monday, killing two people and leaving one survivor who is now the focus of a search-and-rescue effort.
DOJ asks to dismiss Steve Bannon's criminal charges
The Justice Department is moving to toss out its case against former Trump adviser Steve Bannon, who was jailed for declining to testify before the House Jan. 6 panel.
Best and worst Super Bowl commercials of 2026 as rated by experts
Google and Pepsi were among the best ads of the Big Game, while Coinbase and ai.com got failing grades, according to one ranking.
Why importing more beef from Argentina won't ease costs for U.S. consumers
Taming runaway U.S. beef prices will require more than stepping up imports, economists said. Here's the key to cutting costs.
See the Olympic medal count for the 2026 Winter Games
Here is a look at where the medal count stands for Team USA and other nations as the competition heats up in the 2026 Winter Olympics.
Catherine O'Hara's cause of death was a pulmonary embolism
Catherine O'Hara, known for her roles in "Home Alone," "Schitt's Creek" and "Beetlejuice," died on Jan. 30 at the age of 71.
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Social media giants accused of "addicting the brains of children" as trial begins
Instagram's parent company Meta and Google's YouTube dispute claims that their platforms deliberately addict and harm children.
Judge blocks California law banning federal law enforcement agents from wearing masks
A federal judge has blocked a California law from going into effect that would ban federal immigration agents from covering their faces but they will still be required to wear clear identification showing their agency and badge number.
Catherine O'Hara's cause of death was a pulmonary embolism
Catherine O'Hara, known for her roles in "Home Alone," "Schitt's Creek" and "Beetlejuice," died on Jan. 30 at the age of 71.
DOJ asks to dismiss Steve Bannon's criminal charges
The Justice Department is moving to toss out its case against former Trump adviser Steve Bannon, who was jailed for declining to testify before the House Jan. 6 panel.
41 U.S. states are getting warmer, each in its own way, report says
Researchers at two Spanish universities found that 84% of the contiguous U.S. states has shown signs of warming over the last 70 or so years, which is more than previously suggested.
MoneyWatch
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Social media giants accused of "addicting the brains of children" as trial begins
Instagram's parent company Meta and Google's YouTube dispute claims that their platforms deliberately addict and harm children.
OpenAI starts testing ads in free version of ChatGPT
ChatGPT will clearly distinguish between ads and answers to user prompts on the AI platform, according to OpenAI.
Why importing more beef from Argentina won't ease costs for U.S. consumers
Taming runaway U.S. beef prices will require more than stepping up imports, economists said. Here's the key to cutting costs.
Starbucks adds menu items as it looks to energize growth
New items, such as a strawberry matcha loaf, represent the chain's latest effort to boost sales as part of its "Back to Starbucks" campaign.
How much gold is in an Olympic gold medal, and how much is it worth?
Olympic medals have what's known as a "melt value." But they're worth far more financially than their mineral contents, an auction expert notes.
Politics
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U.S. military strikes another alleged drug vessel; search on for 1 survivor
The U.S. military struck its 39th alleged drug-carrying boat on Monday, killing two people and leaving one survivor who is now the focus of a search-and-rescue effort.
Judge blocks California law banning federal law enforcement agents from wearing masks
A federal judge has blocked a California law from going into effect that would ban federal immigration agents from covering their faces but they will still be required to wear clear identification showing their agency and badge number.
U.S. Olympian responds after Trump calls him "a real loser"
U.S. Olympian Hunter Hess said "there is so much that is great about America, but there are always things that could be better," a day after President Trump lashed out at him.
DOJ asks to dismiss Steve Bannon's criminal charges
The Justice Department is moving to toss out its case against former Trump adviser Steve Bannon, who was jailed for declining to testify before the House Jan. 6 panel.
Ghislaine Maxwell's lawyer says she'll testify if Trump grants her clemency
Ghislaine Maxwell's lawyer said she would be willing to cooperate with a House panel's probe if President Trump grants her clemency, and would testify that he is "innocent of any wrongdoing."
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Hospital flooded by Hurricane Helene to be rebuilt in another flood plain
Ballad Health, the nation's largest state-sanctioned hospital monopoly, plans to rebuild Unicoi County Hospital in Tennessee on land that two climate modeling companies say is at risk of flooding.
Her deadly diagnosis only had 1 warning sign. Here's how she survived.
Becca Valle, then 37, enrolled in a cutting-edge clinical trial after surgery removed an aggressive tumor from her brain.
California urges avoiding wild mushrooms after deaths, liver transplants
More than three dozen cases of death cap mushroom poisonings have been reported in California since November, health officials said.
See the 43 drugs available on new discounted drug site TrumpRx
Here's what to know about TrumpRx, including how it works, who can use it, and how much money it can save.
White House launches TrumpRx discounted drug site
The Trump administration launched its new TrumpRx direct-to-consumer prescription drug listing site late Thursday, part of a push to offer medication at steep discounts.
World
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U.S. Olympian responds after Trump calls him "a real loser"
U.S. Olympian Hunter Hess said "there is so much that is great about America, but there are always things that could be better," a day after President Trump lashed out at him.
See the Olympic medal count for the 2026 Winter Games
Here is a look at where the medal count stands for Team USA and other nations as the competition heats up at the 2026 Winter Olympics.
Why importing more beef from Argentina won't ease costs for U.S. consumers
Taming runaway U.S. beef prices will require more than stepping up imports, economists said. Here's the key to cutting costs.
U.S. makes final in Olympic curling mixed doubles, facing Sweden for gold
Team USA's mixed doubles curling gold medal match against Sweden is slated for Tuesday, Feb. 10.
Meet the American girl skiing into Philippines Winter Olympics history
Skier Tallulah Proulx, 17, was raised in the U.S., but she's making Olympic history as the Philippines' first female, and youngest athlete in any Winter Games.
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Analyzing best and worst Super Bowl LX ads
Just 30 seconds of highly coveted commercial airtime during the Super Bowl costs as much as $10 million, according to CBS News MoneyWatch. Bill Pearce, marketing faculty member at The University of California, Berkeley, joins to discuss some of the ads from Super Bowl LX.
Could Trump's Bad Bunny attacks alienate Latinos?
Bad Bunny's historic Super Bowl halftime show included superstar surprise guests and a message of unity and cultural celebration. While many praised the performance, President Trump took to social media to criticize the show. CBS News political director Fin Gómez joins with analysis.
Bad Bunny and the politics of the Super Bowl
The Super Bowl is a football game, an entertainment spectacle, a global billboard and a crucible of American political discord. CBS News chief Washington correspondent Major Garrett explains.
Catherine O'Hara's cause of death was a pulmonary embolism
Catherine O'Hara, known for her roles in "Home Alone," "Schitt's Creek" and "Beetlejuice," died on Jan. 30 at the age of 71.
Cultural impact of Bad Bunny's performance
Ingrid Fajaro, a staff writer at Billboard, joins CBS News 24/7 to discuss the cultural impact of Bad Bunny's halftime performance at Super Bowl LX.
Technology
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Social media giants accused of "addicting the brains of children" as trial begins
Instagram's parent company Meta and Google's YouTube dispute claims that their platforms deliberately addict and harm children.
Trial over social media addiction in kids begins
Opening statements began Monday in Los Angeles in a landmark trial over alleged social media addiction in children. CBS News correspondent Carter Evans has the details.
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.
OpenAI starts testing ads in free version of ChatGPT
ChatGPT will clearly distinguish between ads and answers to user prompts on the AI platform, according to OpenAI.
Super Bowl fans warned to leave drones at home amid flight ban
The FAA says it is collaborating with the FBI to detect, track and assess unauthorized drone activity at the Super Bowl.
Science
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Scientists "quite surprised" to find one polar bear population thriving
After decades monitoring polar bears in Norway's far north, researchers say the animals have proven incredibly adaptable, but there are no guarantees for the future.
Mysterious dark matter seen in new map of distant galaxies
Dark matter doesn't absorb or give off light so scientists can't study it directly. But they can observe how its gravity warps and bends the star stuff around it.
Cow develops technique to scratch herself
"CBS Saturday Morning" learns more about Veronika, the clever cow who figured out multiple ways to scratch herself with a broom. It was the first time a cow was seen using a tool.
Almanac: January 18
"Sunday Morning" looks back at historical events on this date.
Fossils found at Dinosaur National Monument, first excavation in 100 years
The Dinosaur National Monument, which is located on the border between Colorado and Utah, was last excavated in 1924.
Crime
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Crime
Second ransom deadline for Guthrie passes
A second ransom deadline passed Monday for Nancy Guthrie, the mother of "Today" show co-host Nancy Guthrie. CBS News correspondent Jonathan Vigliotti reports on the search and former FBI special agent Jeff Harp joins to discuss the situation.
Search for Nancy Guthrie in Day 9
The children of Nancy Guthrie, including "Today" show co-anchor Savannah Guthrie, are praying for signs of life more than a week after their mother disappeared. CBS News reporter Andres Gutierrez has more from Tucson, Arizona.
Savannah Guthrie: "An hour of desperation"
Savannah Guthrie released a new video on Monday, pleading for the public's help in finding her mother, Nancy. CBS News reporter Andres Gutierrez has the latest.
Savannah Guthrie asks for public help for mom
"Today" show co-host Savannah Guthrie posted a new video Monday pleading for the public's help in the search for her missing mother, Nancy. CBS News' Andres Gutierrez has more.
Cops: 1 in custody after Maryland school shooting
Police say one person is in custody after at least one person was shot at a Maryland high school on Monday. CBS affiliate WUSA reports.
Space
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New space station crew eager for Wednesday launch
The new crew will replace four station fliers who returned to Earth ahead of schedule last month due to a medical issue.
What led NASA to delay Artemis II launch
NASA's first crewed moon mission in more than 50 years has been delayed until March at the earliest. During a routine dress rehearsal of the launch, persistent liquid hydrogen leaks were discovered in the Artemis II rocket. CBS News space consultant Bill Harwood breaks it down.
NASA hopes to fix Artemis II moon rocket leak with on-pad repair
NASA plans to test the planned leak repair with a second dress rehearsal fueling test later this month.
NASA delays Artemis II launch
NASA delayed the Artemis II moon rocket launch after a hydrogen leak was found during a wet dress rehearsal, the agency announced Tuesday. CBS News senior space consultant Bill Harwood has the latest.
NASA begins mission to map the boundaries of our heliosphere
A NASA mission is underway to map the heliosphere, which is a huge protective bubble around the solar system that was created by the sun.
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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
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Who is Alix Tichelman?
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Latest CBS News Videos
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Latest CBS News Videos
Savannah Guthrie pleads for help in mom's search
"Today" show co-host Savannah Guthrie issued a plea for the public's help at what she called "an hour of desperation." As Jonathan Vigliotti reports, the search for her missing mom, Nancy Guthrie, has entered its second week with few new leads and no new suspects.
Analyzing best and worst Super Bowl LX ads
Just 30 seconds of highly coveted commercial airtime during the Super Bowl costs as much as $10 million, according to CBS News MoneyWatch. Bill Pearce, marketing faculty member at The University of California, Berkeley, joins to discuss some of the ads from Super Bowl LX.
Player's mom didn't know Super Bowl was a big deal
Nick Emmanwori just won it all in his rookie season as a safety with the Seattle Seahawks, and his mom was somewhere in that cheering crowd of 70,000. But Justina Emmanwori is not your typical football mom. Tony Dokoupil has more on her viral interview.
Could Trump's Bad Bunny attacks alienate Latinos?
Bad Bunny's historic Super Bowl halftime show included superstar surprise guests and a message of unity and cultural celebration. While many praised the performance, President Trump took to social media to criticize the show. CBS News political director Fin Gómez joins with analysis.
Ghislaine Maxwell pleads Fifth in House deposition
Ghislaine Maxwell, a longtime associate of convicted sex offender Jeffrey Epstein who herself was convicted of sex trafficking in 2021, invoked her Fifth Amendment right against self-incrimination and refused to answer questions during a virtual appearance before the House Oversight and Government Reform Committee. Scott MacFarlane reports.