As student debt relief fails, some point to "hypocrisy" of PPP loans
The U.S. forgave $757 billion in loans through the Paycheck Protection Program, with most of those benefits going to the wealthy.
Paycheck Protection Program
White House pushing Congress to pass funding to combat pandemic-related fraud
President Biden is asking for $600 million for prosecution, including funds to create at least 10 new Justice Department strike forces.
NY politician turns office into food pantry
The pain and concern of Latinos and Latinas nationwide is being felt in Washington, D.C., where Florida Senator Marco Rubio co-authored the Paycheck Protection Program, which aims to help keep people employed. There are also local politicians like New York State Assemblywoman Catalina Cruz, who's filling the gaps and getting creative to meet the needs of her constituents in Queens. Maria Elena Salinas hosts “Pandemia: Latinos in Crisis,” a CBS News special.
White House calls out GOP student debt critics who had PPP loans forgiven
Marjorie Taylor Greene said for the government to say debt is forgiven "is completely unfair." The White House tweeted back that she had more than $183,000 in PPP loans forgiven.
Man bought Lamborghini, Rolex, more with COVID funds, feds say
Federal prosecutors say Valesky Barosy, 27, of Fort Lauderdale, Florida used COVID-19 relief money to buy $2.2 million in luxury items such as a Lamborghini and Rolex watches.
CBS Evening News, April 15, 2020
Governor orders all New Yorkers to wear face coverings when outdoors; Exercising under quarantine
Texas man sentenced to 9 years in prison for PPP scheme
Lee Price III falsely misrepresented the status of three companies, and used the money to spend thousands on a strip club, properties and luxury items.
CBS Evening News, April 27, 2020
Many states looking to reopen as U.S. coronavirus cases approach 1 million; Couple marks 50th wedding anniversary with virtual celebration.
Senate passes bill to boost small business aid, hospitals and testing
President Trump has consistently claimed there is no shortage of medical supplies or coronavirus tests but that's been disputed by many governors. Paula Reid reports.
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.
Portal will allow small businesses to directly apply for PPP forgiveness
The portal, expected to launch August 4, will apply to businesses that have Paycheck Protection Program loans of $150,000 or less.
Paycheck Protection Program runs dry for most loan applicants
Just $8 billion remains in the program, earmarked for companies headed by women or minorities.
How Harris is engaging with community lenders to help small businesses
Harris has been a strong advocate for small businesses that have had trouble obtaining loans to keep them afloat during the long pandemic.
Business owners of color had a harder time getting loans, report finds
Black and Latino business owners were less than half as likely to be fully approved for loans than White business owners.
Biden signs extension of small business loan program
Mr. Biden signed a bill extending the deadline to apply for Paycheck Protection Program loans through May 31.
Rep. Krishnamoorthi weighs in on PPP fraud and filibuster debate
A House subcommittee says it has evidence that mismanagement by the Trump administration led to nearly $84 billion in fraudulent Paycheck Protection Program (PPP) loans. Select committee member and Illinois Representative Raja Kirshnamoorthi joins CBSN's Lana Zak to discuss what's being done to prevent fraudulent PPP loans, the Baby Food Safety Act and the filibuster debate in the Senate.
Lawmakers want to extend PPP deadline
When signed by President Joe Biden, the new legislation would give businesses another two months to apply for the Paycheck Protection Program.
Black-owned businesses face obstacles
The current Paycheck Protection Program is set to expire in a few weeks. Many Black-owned businesses have been unable to apply for the program's second round because of unforgiven loans. Gusto's chief operating officer Lexi Reese joins CBSN to discuss.
Biden honors lives lost to COVID-19
President Biden held a ceremony Monday evening to honor over 500,000 Americans who died from the coronavirus. Earlier in the day, he made changes to a federal program that helps small businesses impacted by the pandemic. CBS News' Natalie Brand joined CBSN's Elaine Quijano to discuss the latest from the White House.
Biden directing PPP aid to small businesses
President Biden will announce several revisions to a federal program helping businesses stay afloat during the pandemic, the Paycheck Protection Program. The changes are aimed at ensuring more small and minority-owned businesses are able to qualify for federal assistance. CBS News senior White House correspondent Weijia Jiang joins CBSN to discuss what those changes entail.
Biden to ease PPP borrowing for smallest U.S. businesses
White House wants to provide more support to businesses with fewer than 20 workers, as well as sole proprietors.
Small businesses trying to survive pandemic
Monday marks the first day small businesses can apply for the lated round of help from the Paycheck Protection Program. Lawmakers authorized $284 billion in forgivable loans for struggling businesses as part of the coronavirus relief bill that recently passed. Joanne Canady-Brown, owner of the Gingered Peach Bakery in Lawrenceville, New Jersey, shares her story with CBSN.
Feds set to revive loan program for small businesses
The federal loans, which can be forgiven, will have five-year terms and carry an interest rate of 1%.
Minority-owned businesses were last to receive PPP loans
Many "were being turned down in the first and second round of funding," said president of U.S. Black Chambers.
Will restaurants survive winter?
More than 100,000 U.S. restaurants have been killed off by the pandemic. Will the latest PPP loans for small businesses be enough to save the struggling survivors this winter? CBS MoneyWatch reporter Megan Cerullo tells CBSN why even more eateries could go under.
New ICE memo gives deportation officers more leeway to conduct warrantless arrests
The memo suggests the rules are designed to give ICE greater flexibility to quickly arrest unauthorized immigrants who are not the original targets of an operation.
Judge orders 5-year-old Liam Conejo Ramos and dad to be released from ICE detention
A federal judge in Texas on Saturday ordered 5-year-old Liam Conejo Ramos and his father to be released from immigration detention.
Exclusive
Immigrant pursued by federal agents before Alex Pretti's killing speaks out
"I was there. I saw everything," Jose Huerta Chuma, who remains in hiding, told CBS News.
Massive release of Epstein files includes 3 million documents and photos
The Justice Department released more new documents Friday from the Jeffrey Epstein files, more than a month after the DOJ's original deadline to do so.
Partial government shutdown begins as funding lapses despite Senate deal
The Senate passed a deal on a package of spending bills late Friday, sending it to the House, though funding for dozens of government agencies has still lapsed.
Officials in Minnesota allege Bovino used language offensive to Jews on conference call
Top Border Patrol official Gregory Bovino allegedly used language offensive to Jewish federal officials on a recent call, sources said.
Powerful storm starts hitting an East Coast still buried under last week's snow
Blizzardlike conditions stemming from a "bomb cyclone" were bringing heavy snow to the Southeast and were ushering in frigid temperatures to much of the East Coast.
Federal judge denies Minnesota's request to temporarily halt Operation Metro Surge
Federal judge Kate Menendez denied Minnesota's motion for a temporary restraining order to halt "Operation Metro Surge" on Saturday. The court documents, filed on Saturday, state that Minnesota, Minneapolis, and St. Paul have not met their burden of proof.
Explosion in Iranian port city ahead of Iran's naval drill in the Strait of Hormuz
The blast happened a day before a planned naval drill by Iran in the Strait of Hormuz, the narrow mouth of the Persian Gulf through which a fifth of all oil traded passes.
U.S.
More U.S.
Democrat Christian Menefee wins special election for U.S. House in Texas
Democrat Christian Menefee won a Texas U.S. House seat in a special election Saturday that will narrow Republicans' already-slim majority.
Virginia woman was strangled with her child sleeping nearby, authorities say
Ten days before investigators say Katlyn Lyon Montgomery, 28, was strangled in her sleep in the Virginia apartment she shared with her 4-year-old daughter and a new roommate, she had broken up with Trenton Frye, a North Carolina man she met online months before.
Firefighter accused of staging a house fire to cover up a murder
It was Thanksgiving Eve 2020, and Melissa Lamesch was excited about the upcoming birth of her first child. Investigators would learn there was someone who was not as enthused — the expectant father, firefighter Matthew Plote.
Officials in Minnesota allege Bovino used language offensive to Jews on conference call
Top Border Patrol official Gregory Bovino allegedly used language offensive to Jewish federal officials on a recent call, sources said.
New ICE memo gives deportation officers more leeway to conduct warrantless arrests
The memo suggests the rules are designed to give ICE greater flexibility to quickly arrest unauthorized immigrants who are not the original targets of an operation.
MoneyWatch
More MoneyWatch
Trump nominates government economist to lead Bureau of Labor Statistics
President Trump says he is nominating the government economist Brett Matsumoto to lead the Bureau of Labor Statistics.
3 key questions for investors about Fed Chair nominee Kevin Warsh
Kevin Warsh, a former Fed governor, is in line to replace Fed Chair Jerome Powell in May. Here's what Wall Street wants to know.
Patients are being hit with this surprise fee just for seeing their doc
One patient reports getting stuck with a $2,418 "facility fee" after seeing her doctor. "I didn't even know such a thing existed," she said.
A new $45 fee for travelers without Real IDs goes into effect Feb. 1
Passengers without Real IDs can still fly if they pay a $45 fee, which covers the cost of additional identity verification screening.
Saks to shutter most Saks Off 5th stores as bankrupt retailer cuts costs
Saks, which declared bankruptcy on Jan. 14, is set to hold going-out-of-business sales as it closes dozens of retail outlets.
Politics
More Politics
Democrat Christian Menefee wins special election for U.S. House in Texas
Democrat Christian Menefee won a Texas U.S. House seat in a special election Saturday that will narrow Republicans' already-slim majority.
Explosion in Iranian port city ahead of Iran's naval drill in the Strait of Hormuz
The blast happened a day before a planned naval drill by Iran in the Strait of Hormuz, the narrow mouth of the Persian Gulf through which a fifth of all oil traded passes.
Officials in Minnesota allege Bovino used language offensive to Jews on conference call
Top Border Patrol official Gregory Bovino allegedly used language offensive to Jewish federal officials on a recent call, sources said.
Proposed Venezuelan bill could lead to release of hundreds of political prisoners
The U.S. Embassy for Venezuela also announced Friday that all American citizens detained in Venezuela have been released.
Federal judge denies Minnesota's request to temporarily halt Operation Metro Surge
Federal judge Kate Menendez denied Minnesota's motion for a temporary restraining order to halt "Operation Metro Surge" on Saturday. The court documents, filed on Saturday, state that Minnesota, Minneapolis, and St. Paul have not met their burden of proof.
HealthWatch
More HealthWatch
Book excerpt: "The Let Them Theory" by Mel Robbins
In her latest bestseller, the motivational speaker discusses how personal growth is only possible when you stop pouring energy into things you cannot control – which includes changing other people.
A cop thought he had a muscle cramp. He ended up fighting for his life.
Sgt. Chris Johnson was told that his heart condition had nearly been "instantly fatal." Rapid medical care and rigorous therapy helped him recover.
Patients are being hit with this surprise fee just for seeing their doc
One patient reports getting stuck with a $2,418 "facility fee" after seeing her doctor. "I didn't even know such a thing existed," she said.
Carter Center reaches major milestone in quest to eradicate Guinea worm
Jimmy Carter made eradicating the Guinea worm a top mission of The Carter Center. Now it could soon become the second disease eradicated in history.
Life expectancy in U.S. hit record high of 79 years in 2024, CDC says
U.S. life expectancy rose to 79 years in 2024 - the highest mark in American history. But the U.S. still ranks below dozens of other countries.
World
More World
Explosion in Iranian port city ahead of Iran's naval drill in the Strait of Hormuz
The blast happened a day before a planned naval drill by Iran in the Strait of Hormuz, the narrow mouth of the Persian Gulf through which a fifth of all oil traded passes.
Proposed Venezuelan bill could lead to release of hundreds of political prisoners
The U.S. Embassy for Venezuela also announced Friday that all American citizens detained in Venezuela have been released.
Satellite photos show activity at Iran nuclear sites as protest tensions rise
The images from Planet Labs PBC show that roofs have been built over two damaged buildings at the Isfahan and Natanz facilities.
Danish veterans protest outside U.S. Embassy over Greenland
Danish veterans are furious at the White House's rhetoric, which disregards Greenland's right to self-determination, a territory of NATO ally Denmark.
Israel strikes in Gaza kill at least 30 Palestinians
Hamas called Saturday's strikes "a renewed flagrant violation" and urged the United States and other mediating countries to push Israel to stop the strikes.
Entertainment
More Entertainment
Entertainment
Recovered treasure leads to a Grammy nomination
Archivist and music historian Alex Palao worked to restore old tapes by "Sly and Family Stone" that gathered dust for decades. He co-produced the live album called "The First Family: Live at the Winchester Cathedral 1967." He is now nominated for "Best Album Notes" at Sunday's Grammy Awards. CBS News San Francisco's Max Darrow has the story.
"Sanford and Son" star Demond Wilson dies at 79
Actor Demond Wilson died in his California home due to complications from prostate cancer, CBS News learned on Saturday. He starred alongside Redd Foxx in "Sanford and Son," one of the biggest TV hits of the 1970s.
Demond Wilson, "Sanford and Son" and "The New Odd Couple" actor, dies at 79
In 1971, Demond Wilson appeared on an episode of "All in the Family," a role that led him to land a lead part in "Sanford and Son."
Courtney Marie Andrews performs "Everyone Wants To Feel Like You Do"
Courtney Marie Andrews started writing songs as a teenager and played in punk bands before starting out on her own. Since then, she has been nominated for a Grammy and become known for her vulnerable lyrics and dazzling voice. Now, from her new album "Valentine," here is Courtney Marie Andrews with "Everyone Wants To Feel Like You Do."
Courtney Marie Andrews performs "Cons and Clowns"
Courtney Marie Andrews started writing songs as a teenager and played in punk bands before starting out on her own. Since then, she has been nominated for a Grammy and become known for her vulnerable lyrics and dazzling voice. Now, from her new album "Valentine," here is Courtney Marie Andrews with "Cons and Clowns."
Technology
More Technology
Uber looks to cash in on self-driving cars — but not by driving them
The rideshare company is getting into the business of providing real-world driving data to autonomous vehicle developers. Here's why.
New AI features for Gmail users
This month, Google launched a suite of new features for Gmail. Google's AI assistant, Gemini, can now filter through junk, summarize an inbox and even help users write emails. Blake Barnes, Gmail vice president of product, joins CBS News to discuss.
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.
Analysts say Starlink may have guided Russian drones into a Ukrainian train
As Ukraine accuses Russia of terrorism with a deadly strike on a train, some defense analysts believe Elon Musk's Starlink may have guided the killer drones.
TikTok's new privacy policy is sparking a backlash. Here's what to know.
Some TikTok users are raising questions about the app's new terms and conditions after the social media platform's split from its China-based parent.
Science
More Science
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
More Crime
Virginia woman was strangled with her child sleeping nearby, authorities say
Ten days before investigators say Katlyn Lyon Montgomery, 28, was strangled in her sleep in the Virginia apartment she shared with her 4-year-old daughter and a new roommate, she had broken up with Trenton Frye, a North Carolina man she met online months before.
Firefighter accused of staging a house fire to cover up a murder
It was Thanksgiving Eve 2020, and Melissa Lamesch was excited about the upcoming birth of her first child. Investigators would learn there was someone who was not as enthused — the expectant father, firefighter Matthew Plote.
Judge rules out death penalty for Mangione
A judge declared that Luigi Mangione will not face the death penalty if convicted on federal charges in the 2024 killing of United HealthCare CEO Brian Thompson. It's a big win for Mangione, though he still faces the possibility of life in prison.
Virginia woman strangled days after dumping her deceptive boyfriend
The prosecutor said Katlyn Lyon Montgomery's ex-boyfriend dressed as a "ninja" to sneak up on her while asleep in her Virginia apartment.
Why judge dropped 2 charges against Mangione
Luigi Mangione, the accused killer of UnitedHealthcare CEO Brian Thompson, will not face the death penalty after a judge on Friday dismissed two counts that could have carried a death sentence. CBS News legal contributor Caroline Polisi joins to take a look at the new ruling and what it means for the high-profile murder case.
Space
More Space
Space
NASA's Artemis II slated to be a series of firsts
Extreme cold has forced NASA to reschedule its next moon mission. On Saturday, the massive Artemis II rocket stands on launch pad 39B at the Kennedy Space Center. Like Apollo 8 in 1968, it won't land on the lunar surface. Mark Strassmann has more on why the latest mission is considered groundbreaking.
NASA delays Artemis mission to moon due to cold weather
The first Artemis moonshot with a crew is now targeted for no earlier than Feb. 8, two days later than planned.
Artemis II crew undergoes intense training for rare moon mission
For months, the Artemis II crew and flight controllers have been simulating malfunctions to prepare for their upcoming trip around the Moon.
Inside Artemis II astronauts' training
NASA is preparing for its first crewed mission around the moon in more than 50 years. The Artemis II astronauts include three Americans and one Canadian on a 10-day flight. Mark Strassmann got a look at how they're training.
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.
Latest Galleries
More Latest Galleries
Notable Deaths in 2025
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
More Latest CBS News Videos
Latest CBS News Videos
Recovered treasure leads to a Grammy nomination
Archivist and music historian Alex Palao worked to restore old tapes by "Sly and Family Stone" that gathered dust for decades. He co-produced the live album called "The First Family: Live at the Winchester Cathedral 1967." He is now nominated for "Best Album Notes" at Sunday's Grammy Awards. CBS News San Francisco's Max Darrow has the story.
NASA's Artemis II slated to be a series of firsts
Extreme cold has forced NASA to reschedule its next moon mission. On Saturday, the massive Artemis II rocket stands on launch pad 39B at the Kennedy Space Center. Like Apollo 8 in 1968, it won't land on the lunar surface. Mark Strassmann has more on why the latest mission is considered groundbreaking.
"Sanford and Son" star Demond Wilson dies at 79
Actor Demond Wilson died in his California home due to complications from prostate cancer, CBS News learned on Saturday. He starred alongside Redd Foxx in "Sanford and Son," one of the biggest TV hits of the 1970s.
Iran set to conduct live fire drills
The U.S. military has assembled a formidable force within striking distance of Iran. Meanwhile, Iran said it would be starting live fire drills in the Strait of Hormuz this weekend as tensions in the region are sky high. Haley Ott reports.
What's behind the partial government shutdown?
The federal government is partially shut down this weekend. Congress failed to fund some of the largest agencies and departments before a Friday night deadline. Caitlin Huey-Burns has more.