Small businesses struggling to secure funding
The $350 billion Paycheck Protection Program could run out of money as early as Tuesday night. And Congress can't agree on how to send more. Kris Van Cleave reports.
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The $350 billion Paycheck Protection Program could run out of money as early as Tuesday night. And Congress can't agree on how to send more. Kris Van Cleave reports.
As the U.S. coronavirus death toll nears 28,000, some are demanding an end to stay-at-home orders. Meanwhile, governors warn of a resurgence of infections and deaths if restrictions are lifted too soon. Mola Lenghi reports.
President Trump says about 29 states could open in early May, but experts warn that a gradual reopening risks a new wave of coronavirus infections. Ben Tracey has the latest.
New York Governor Andrew Cuomo joins "CBS This Morning" to talk about a joint effort with the governors of several eastern states to coordinate the reopening of the region and its economy. The initiative comes as President Trump claimed in a task force briefing that the power to reopen the U.S. economy rests with him.
As President Trump considers restarting the economy next month, governors nationwide are banding together to go their own way on reopening their states for business. Ben Tracy reports from the White House.
President Trump is set to launch a new task force next week that will focus on ways to restart the economy. Health officials, however, continue to urge caution in fear of a relapse in coronavirus cases that would make current efforts futile. Nikole Killion reports.
With social distancing measures effectively decreasing new coronavirus cases, President Trump is considering restarting the economy. Many health officials plead caution in fear of a resurgence of infections. Weijia Jiang reports.
Over 15 million Americans applied for unemployment benefits over the last three weeks, a devastating reflection of the coronavirus pandemic's impact on the economy. Many people, even those who do not know if they will still be employed, are looking for information to help navigate the uncertainty. CBS News business analyst Jill Schlesinger joins "CBS This Morning" to respond to some of viewers' critical personal finance questions.
More Americans are disapproving of President Trump's handling of the coronavirus crisis as it wears on. The president is mulling a new economic task force focused on getting the economy back up and running once the worst of the pandemic is over, while Democrats and Republicans on Capitol Hill disagree over how much more financial aid is needed to help Americans. Ben Tracy is at the White House where the coronavirus task force is working to pull the country through the worst of the crisis.
The coronavirus pandemic is taking its toll in the travel industry. The travel ban will cost the U.S. an estimated $135 billion in lost and canceled trips this year. Kris Van Cleave has a look at the financial turmoil.
As President Trump prepares to reopen the economy next month, health experts and some governors across the country warn that the move could risk another wave of coronavirus infections. Weijia Jiang reports.
Unemployment claims continue to rise throughout the U.S. with Georgia unemployment claims skyrocketing three-times more than last week. Now unemployment claims surpass the job lost in the entire Great Recession. Mark Strassmann reports.
Small business owners are scrambling to get loans that will keep their businesses afloat while the U.S. economy weathers the coronavirus pandemic. Congress is considering a plan to give them an additional $250 billion, while Goldman Sachs has stepped up to commit $550 million to relief efforts. Company chairman and CEO David Solomon joins “CBS News” for his first network broadcast interview to talk about the donation as well as how he thinks the pandemic will continue to affect the economy.
Since the coronavirus pandemic forced the U.S. economy into a tailspin, unemployment numbers have been rising to record heights. In Florida alone, nearly 600,000 people have applied for benefits since March 15, and the state is struggling to process the surge. Manuel Bojorquez speaks to one resident trying to apply despite the overwhelmed system making it difficult.
The government will release on Thursday the weekly number of newly jobless Americans. With crashing websites, jammed phone lines and long lines -- it means the struggle many face grows more desperate with each passing day. Manny Bojorquez reports.
House passes impeachment resolution; Single dad fosters over 30 kids in two decades.
A new U.S. government report finds hospitals are facing a combination of problems that make it much harder to deal with coronavirus, including slow testing, equipment shortages and staff burnout. Many hospitals also are losing revenue, which has led some to cut jobs, Anna Werner reports.
New York Governor Andrew Cuomo issued an emergency order Friday to get ventilators where they are needed. Mola Lenghi reports.
The latest unemployment numbers show just how hard the coronavirus is hitting the economy. Over 6 million Americans filed for jobless benefits last week, at least 20 times what is normally seen. Food banks and other resources are being pushed to their limits by people in need, while President Trump maintains that the country is not slipping into a significant recession. Weijia Jiang reports from the White House, where messages on small business loans seem to conflict with some major banks.
More than 6.6 million Americans have filed for unemployment benefits last week, double the number of claims from the week before. Experts are saying next week's numbers could be worse. Mark Strassmann reports.
The Labor Department has announced that it received over 6 million jobless claims in one week, significantly higher than the previous week's record-setting 3.3 million. CBS News Business Analyst Jill Schlesinger joins "CBS This Morning" to weigh in on what the latest report means for the U.S. economy and what out-of-work Americans can do to help themselves and their families.
There are signs that an already crippled economy may get even worse. Investment bank Goldman Sachs estimates that unemployment in the U.S. will explode to 15% by the end of June, and that the U.S. gross domestic product will drop as much as 34%. Mark Strassmann has a closer look.
New details surrounding the coronavirus pandemic and its impact on the economy come every day. "CBS This Morning" assembled a panel of experts to answer viewers' most pressing questions to make sure you have the information you need to navigate the new normal.
A record number of Americans filed for unemployment last week as millions feel the economic impact of the coronavirus pandemic. Jericka Duncan speaks to a few of these everyday Americans who lost their jobs due to the pandemic, talking to them about how they their families, and their colleagues are dealing with financial struggles and the uncertainty of their own careers.
As the Trump administration's 15-day "slow the spread" initiative comes to an end on Monday, the president told governors that he is planning to categorize every county in America as high, medium or low risk as part of his push to reopen the economy sooner. The goal was met with resistance by medical experts as well as an increasing number of governors who are issuing shelter-in-place or stay-at-home orders as the virus spreads. Paula Reid reports on how the administration is dealing with the outbreak from the White House.
Authorities believe two ransom notes addressed to Nancy Guthrie's family — including one saying she had died — were likely sent by the person or group of people who abducted her.
Iran downplayed Vice President JD Vance's suggestion that U.N. inspectors will return soon to the country's damaged nuclear facilities.
The Senate passed a bill aimed at lowering housing costs on Monday after a major breakthrough and rare bipartisan consensus.
Voters are going to the polls Tuesday for contests in New York, South Carolina, Maryland and Utah.
Medicare is testing the use of artificial intelligence to preapprove several healthcare services.
President Trump has insisted that vandals, rather than questionable craftsmanship, are responsible for the enduring problems following the Reflecting Pool's $14.7 million sealant job.
U.S. District Judge Sparkle Sooknanan said the administration violated the law when it created a centralized database of Americans' personal records.
The most advanced artificial intelligence models are improving quickly enough to outsmart prevailing cybersecurity know-how within months, the Five Eyes spy agency alliance is warning.
The suspect was shot and killed "right away," according to police, and there was no immediate word on a possible motive.
A judge has found that a man charged with murder in the stabbing of actor James Handy isn't mentally competent for criminal court proceedings.
The owner of Moore Honey estimated that only about a quarter of the 408 hives would survive.
Voters are going to the polls Tuesday for contests in New York, South Carolina, Maryland and Utah.
President Trump has insisted that vandals, rather than questionable craftsmanship, are responsible for the enduring problems following the Reflecting Pool's $14.7 million sealant job.
The Senate passed a bill aimed at lowering housing costs on Monday after a major breakthrough and rare bipartisan consensus.
The most advanced artificial intelligence models are improving quickly enough to outsmart prevailing cybersecurity know-how within months, the Five Eyes spy agency alliance is warning.
The Senate passed a bill aimed at lowering housing costs on Monday after a major breakthrough and rare bipartisan consensus.
The 21st Century ROAD to Housing Act, which has rare bipartisan support, would make it harder for major investors to hoard homes.
The QR codes will take soda drinkers to a website listing more than 140 beverage ingredients and their nutritional content.
A Wall Street Journal investigation found that the prediction market paid content creators to produce videos of fake trades purporting to show big financial gains.
Voters are going to the polls Tuesday for contests in New York, South Carolina, Maryland and Utah.
President Trump has insisted that vandals, rather than questionable craftsmanship, are responsible for the enduring problems following the Reflecting Pool's $14.7 million sealant job.
The Senate passed a bill aimed at lowering housing costs on Monday after a major breakthrough and rare bipartisan consensus.
The 21st Century ROAD to Housing Act, which has rare bipartisan support, would make it harder for major investors to hoard homes.
U.S. District Judge Sparkle Sooknanan said the administration violated the law when it created a centralized database of Americans' personal records.
Medicare is testing the use of artificial intelligence to preapprove several healthcare services.
Confirmed Ebola cases in the outbreak in eastern Congo have reached 1,003, including 254 deaths, officials said, and tracing those who've been in contact with patients remains a major challenge.
The Trump administration's cuts to Medicaid and SNAP may complicate Republican Gov. Joe Lombardo's reelection chances.
Hosted by Lee Cowan. Featured: Birthright citizenship; the Theodore Roosevelt Presidential Library unveiled; Shooter Jennings releases recordings by his father, Waylon Jennings; comedian John Mulaney; childhood obesity; and the secrets of seahorses and seadragons.
In 1970, about 1 in 20 children were affected by obesity; today, it's 1 in 5. Dr. Jonathan LaPook looks at programs aimed at helping kids (and their families) get healthy the old-fashioned way, by eating right and exercising.
Iran downplayed Vice President JD Vance's suggestion that U.N. inspectors will return soon to the country's damaged nuclear facilities.
The suspect was shot and killed "right away," according to police, and there was no immediate word on a possible motive.
U.K. Prime Minister Keir Starmer is resigning, and the man widely expected to replace him is a fellow Labour Party lawmaker known as the "King of the North."
Plans backed by investors including Jared Kushner for a luxury resort in Albania drew protests that have grown into an anti-corruption movement.
Confirmed Ebola cases in the outbreak in eastern Congo have reached 1,003, including 254 deaths, officials said, and tracing those who've been in contact with patients remains a major challenge.
A judge has found that a man charged with murder in the stabbing of actor James Handy isn't mentally competent for criminal court proceedings.
Clive Davis, the legendary music mogul who shaped the careers of several superstars, died Monday at 94. Carter Evans looks back on his life.
After decades of building some of America's greatest hits, legendary music executive Clive Davis died Monday at 94. Narada Michael Walden, a singer-songwriter and record producer who worked closely with Davis, joins CBS News to reflect on the music mogul's legacy.
Legendary music executive Clive Davis, who helped shape the careers of generations of artists including Janis Joplin, Bruce Springsteen and Whitney Houston, has died at 94. Jim Aswad, executive editor for Variety, joins CBS News to discuss Davis' life.
Clive Davis helped shape the careers of music stars including Janis Joplin, Bruce Springsteen and Whitney Houston.
Medicare is testing the use of artificial intelligence to preapprove several healthcare services.
Artificial intelligence-generated images, videos and deepfakes are becoming more common in political advertising to attack opponents or influence Americans' opinions. CBS News political director Fin Gómez joins to discuss.
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.
The recall follows multiple incidents in which Waymo robotaxis drove past ramp-closure signs and into freeway construction zones.
A Pew survey shows 40% of Americans think AI's future impact will be negative. MIT Sloan professor Eric So joins CBS News with more details.
Exactly where the comet 3I/ATLAS came from within the Milky Way remains a mystery.
Hosted by Lee Cowan. Featured: Birthright citizenship; the Theodore Roosevelt Presidential Library unveiled; Shooter Jennings releases recordings by his father, Waylon Jennings; comedian John Mulaney; childhood obesity; and the secrets of seahorses and seadragons.
Seahorses are unique ocean inhabitants with a head like a horse, a pouch like a kangaroo, a tail like a monkey, and the ability to camouflage themselves like a chameleon. They also exhibit an unconventional gender dynamic, in that the males do the work of carrying around fertilized eggs. Correspondent Conor Knighton goes in search of these fascinating fish – and their equally fascinating cousins, seadragons – at the Birch Aquarium at the Scripps Institution of Oceanography in California.
The Defense Department released a third batch of UFO files on Friday, three weeks after its second drop. These are all of the videos in the latest tranche, plus analysis from astrophysicist Avi Loeb.
The goblin shark had only previously been seen when caught by fishermen and they died shortly afterward.
A judge has found that a man charged with murder in the stabbing of actor James Handy isn't mentally competent for criminal court proceedings.
Two people were killed and a child was injured in a shooting inside a library in Chico on Monday, officials said.
Authorities believe two ransom notes addressed to Nancy Guthrie's family — including a note that said she had died — were likely sent by the person or group of people who abducted her.
The suspect was shot and killed "right away," according to police, and there was no immediate word on a possible motive.
Authorities say at least two people, including a police officer, were killed during a shooting in a Montreal, Canada, neighborhood on Monday. Police say the suspect was also killed. CBS News' Shanelle Kaul reports.
Exactly where the comet 3I/ATLAS came from within the Milky Way remains a mystery.
The "Pink Planet," formally known as GJ504b, was discovered in 2013 and is technically not a planet but rather a "planetary-mass companion."
NASA's Jared Isaacman says the crew was selected solely based on their experience, expertise and availability for flight assignment.
NASA's Artemis III astronauts plan to carry out rendezvous and docking procedures with commercial moon landers being built by SpaceX and Blue Origin.
Out of an abundance of caution, NASA briefly directed five of the seven crew members aboard the International Space Station to wait inside the docked SpaceX Crew Dragon "Freedom" spacecraft.
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Summer is the time to enjoy live music, indoors and out. Scroll through our gallery of some of 2026's leading musical acts, featuring images by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Lionel Messi made history Monday as he scored the 17th and 18th goals of his World Cup career, a new record. Lilia Luciano reports.
Alan Greenspan was one of the longest-serving Federal Reserve chairs in U.S. history, steering the organization for 18 years under four presidents. Lesley Stahl spoke with Greenspan in 2007, more than a year after he retired. The former Fed chair died today at the age of 100.
More than 40 years ago, a group of English professors at the University of Colorado wrote a children's book called "The Weighty Word Book." After a recent viral video post, the book sold more in a week than it had in nearly two decades. Tony Dokoupil has the story.
Clive Davis, the legendary music mogul who shaped the careers of several superstars, died Monday at 94. Carter Evans looks back on his life.
Vice President JD Vance said Monday he felt great about the progress made in more than 18 hours of Iran talks. Ed O'Keefe reports on the current state of the war.