States begin to get back to business
As all 50 states begin some level of reopening, some wonder if the actions will lead to another spike in COVID-19 cases. Manuel Bojorquez reports from Florida.
Economy
U.S. births fall to a 35-year low
Many experts expect the coronavirus pandemic to drive down rates even further.
Fed cuts interest rates for 3rd time in 2019
The Federal Reserve has lowered its benchmark interest rate for the third time this year, in a bid to shore up U.S. economic growth. The central bank also signaled that this rate cut might be the last for a while, barring a sharp downturn in the economy.
Mark Zuckerberg on Facebook's new Shop platform
Facebook has launched Shops, a new platform that allows companies to set up online stores. Facebook's co-founder and CEO Mark Zuckerberg joins "CBS Evening News" with more.
Hearing on coronavirus stimulus efforts
Federal Reserve Chairman Jerome Powell and Treasury Secretary Steven Mnuchin testified via video for a Senate committee on the impact of economic stimulus measures to help the nation recover from the coronavirus pandemic. CBS News chief congressional correspondent Nancy Cordes and CBSN political contributor Molly Hooper join CBSN's Reena Ninan with highlights from the hearing.
Air pollution is already spiking in China with virus lockdown lifted
As industry resumes, deadly pollutants hit levels in April even higher than last year, prompting warnings of a "dirty" economic rebound.
Germany emerges from coronavirus shutdown
While much of the world continues to battle the coronavirus, life in Germany is slowly moving back towards normal with shops opening and businesses restarting. Anna Noryskiewicz reports from Berlin.
An update on 60 Minutes' story "Hard Times Generation"
In 2011, 60 Minutes met a pair of homeless Florida teenagers surviving the Great Recession in a van their father bought on Craigslist. An update on where they are now.
Pelosi says "time is of the essence" to reach deal on coronavirus bill
Pelosi warned that Congress cannot take a pause before passing another relief measure in response to the coronavirus.
Fed Chair Jerome Powell on the coronavirus-ravaged economy
The head of the U.S. central banking system tells Scott Pelley how high he thinks unemployment will go, what tools the Fed still has to breathe life into the economy and what outcomes he's trying to avoid on the road to economic recovery.
ICYMI: Top takeaways from this week's "Face the Nation"
This week we sat down with HHS Secretary Alex Azar, House Speaker Nancy Pelosi, Gary Cohn and FDA Commissioner Dr. Scott Gottlieb for the latest on the battle against COVID-19.
COVID-19 cases spike amid race to reopen
As some states push to reopen, some parts of the pre-coronavirus lifestyle have returned to normal this weekend. However, there are instances where fewer restrictions came with a surge in virus illnesses. Jamie Yuccas reports.
Debate over reopening U.S. amid outbreak
When and how to reopen parts of the economy have become central topics of political discussion. Some states have moved forward with lifting lockdowns, but some fear it is too early and these reopening could lead to a resurgence in coronavirus cases. Washington Post national correspondent Philip Bump joins "CBS This Morning: Saturday" to discuss why reopening the economy is such a complicated issue.
Digital currency on the rise amid pandemic
In the U.S., mobile payments have spiked dramatically since the coronavirus outbreak. The U.K. saw ATM withdrawals drop 60%, according to the BBC while many businesses all over the world are asking customers to refrain from cash payments. Brook Silva Braga looks at the global rise of digital currency.
Feeding America seeing 60% spike in demand amid pandemic, CEO says
Claire Babineaux-Fontenot says 40% of those seeking help from food banks are doing so for the first time.
Gary Cohn calls for drawdown of expanded unemployment aid
Cohn said the country needs to return to the "more traditional definition of unemployment."
Transcript: Feeding America CEO on "Face the Nation"
The following is a transcript of an interview with Feeding America CEO Claire Babineaux-Fontenot that aired Sunday, May 17, 2020, on "Face the Nation."
Gary Cohn calls for drawdown of expanded unemployment aid
The former White House economic adviser said the government should need "transition out of the extraordinary measures that were justifiable 60 days ago, 90 days ago, into the real world of what is the continuous definition of unemployment."
Transcript: Gary Cohn on "Face the Nation"
The following is a transcript of an interview with former National Economic Council Director Gary Cohn that aired Sunday, May 17, 2020, on "Face the Nation."
Fed chair on when the economy could recover
"This economy will recover. It may take a while," Federal Reserve Chairman Jerome Powell told Scott Pelley in an interview airing on "60 Minutes."
Transcript: Nancy Pelosi on "Face the Nation"
The following is a transcript of an interview with House Speaker Nancy Pelosi that aired Sunday, May 17, 2020, on "Face the Nation."
States under pressure to reopen amid economic turmoil
CBS News' Mark Strassmann reports from Atlanta on a growing number of states deciding to slowly reopen.
Retail sales plummet as states look to reopen
Dismal retail sales numbers and roughly 11.4 million layoffs are pressuring local governments to reopen, whether public health officials recommend it or not. Industry watchers are hoping for a resurgence as retailers in two-thirds of U.S. states reopen for business, with social distancing guidelines in place. Michael George takes a look at how businesses in these states are trying to get up and running again.
Looking at Trump's year with 20/20 hindsight
President Donald Trump finished 2019 as only the third president in history to be impeached. CBS News White House correspondent Ben Tracy looks back on a rocky year, recapping failures and successes - and looks ahead to what this election year may hold.
What does wealth inequality look like?
The growing gap between rich and poor Americans is one of the U.S.’s biggest challenges, with the top 1% controlling more wealth now than at any time in the last 50 years. A recent survey found that over half the country thinks it’s a problem, though most people might not know exactly what wealth inequality looks like. Tony Dokoupil speaks to Americans to see if they know what their “share of the pie” looks like.
Live
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Case dismissed against 2 ex-FBI officials in Hunter Biden probe
A bitter sheriff's primary, a write-in campaign and a county divided
Why Texas Dems are forecasting a "Hispanic hurricane" in midterms
Pilot in plane crash said "we're managing the ice," then "Mayday"
Live
Iran says "ball is in the U.S. court" on any deal to end the war
Lindsay Clancy judge says he's leaning toward retrial in March
Trump asks Supreme Court to intervene in California ballot case
