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.
paycheck protection program
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.
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.
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.
Small businesses face pandemic challenges
The pandemic has affected a broad spectrum of businesses. Many are depending on another round of federal help for survival. CFO David Burman of Other Half Brewing Company joins CBSN to share how the New York business has faced the challenge.
Will the latest loans help restaurants survive winter?
A new round of paycheck protection program loans gives special leeway to restaurants — but might not save eateries hanging on by a thread.
Restaurant owner on staying afloat
The coronavirus pandemic has crippled restaurants and small businesses across the country, but the extension of the Paycheck Protection Program may help. CBS News' Chip Reid spoke with Montana restaurant owner Chuck Tanner about impact and how he's keeping his business going.
Small business owner on COVID relief bill
The new coronavirus relief bill will provide more than $284 billion in loans for small businesses. The pandemic has forced many to shut down or downsize to make ends meet. Conner Mowles, the president of a company called ParkHub in Dallas, shares some of his challenges with CBSN.
PPP returns with $285 billion, and there's still room for fraud
News organizations, high-end co-ops and talent agents will have a better shot at getting a PPP loan in round three.
Strip club owner won't have to pay back millions in PPP aid
The owner of Rick's Cabaret got $5.4 million from the Paycheck Protection Program. Its stock soared 70% this year.
Latest News
Donald Trump indicted in documents probe. Here's what we know so far.
The charges would be the first to arise from special counsel Jack Smith's investigations of the former president.
What Donald Trump's latest indictment means for him—and for 2024
A federal indictment could have more serious implications for former President Trump's 2024 presidential run than the indictment brought against him by a New York grand jury in March, CBS News Political Director Fin Gómez said Thursday.
Woman who fatally shot neighbor used racist slurs, arrest report shows
Susan Lorincz told detectives that she called Ajike Owens' children by racist slurs in the months leading up to the fatal shooting, according to an arrest report.
When will the wildfire smoke clear? Here's what meteorologists say
Forecasts suggest hazy skies and reduced air quality will persist across the Northeast and into the Midwest for at least a few more days.
Texas plans to use buoy barriers in Rio Grande to combat border crossings
Funding will come from $5.1 billion approved by the state legislature to secure the border.
Use of horses at Arlington National Cemetery will be suspended for a year
The horses tasked with leading the caissons carrying the caskets of fallen service members during funeral honors at Arlington National Cemetery are taking a year-long pause for rehab.
South Carolina officer rescues woman mouthing "help me"
The passenger in the vehicle was wanted in a shooting nearby, police said.
Prisoner who escaped with jailer's help is sentenced: "I loved Vicky"
Casey White told those gathered in the Alabama courtroom that he felt like "the most hated man in the world."
Can't afford a Beyoncé show? Some fans save money by heading overseas
With tickets to U.S. shows soaring to absurd heights, some superfans are flying to Europe to catch their favorite acts.
U.S.
More U.S.
Prisoner who escaped with jailer's help is sentenced: "I loved Vicky"
Casey White told those gathered in the Alabama courtroom that he felt like "the most hated man in the world."
Woman who fatally shot neighbor used racist slurs, arrest report shows
Susan Lorincz told detectives that she called Ajike Owens' children by racist slurs in the months leading up to the fatal shooting, according to an arrest report.
Can't afford a Beyoncé show? Some fans save money by heading overseas
With tickets to U.S. shows soaring to absurd heights, some superfans are flying to Europe to catch their favorite acts.
What Donald Trump's latest indictment means for him—and for 2024
A federal indictment could have more serious implications for former President Trump's 2024 presidential run than the indictment brought against him by a New York grand jury in March, CBS News Political Director Fin Gómez said Thursday.
Texas plans to use buoy barriers in Rio Grande to combat border crossings
Funding will come from $5.1 billion approved by the state legislature to secure the border.
MoneyWatch
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See the unique seat making airplanes more wheelchair accessible
The new accessible airline seat is proof of "what real leadership looks like," disability activists say.
Qantas letting male crew members wear makeup and women scrap high heels
Australia's national airline has been known for its strict style rules but appears to be lightening up somewhat.
Can't afford a Beyoncé show? Some fans save money by heading overseas
With tickets to U.S. shows soaring to absurd heights, some superfans are flying to Europe to catch their favorite acts.
This is America's most common text-messaging scam, FTC says
Consumers lost $330 million to fraudulent texts last year, with individual victims reporting a median loss of $1,000.
The bear market is over. Here's why investors see better days ahead.
Long market slump was especially painful for Americans saving for retirement, with their investments losing $3 trillion in value.
Politics
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New York lawmakers OK bill to consider reparations for slavery: "Historic"
New York would be following the lead of California, which became the first state to form a reparations task force in 2020.
What Donald Trump's latest indictment means for him—and for 2024
A federal indictment could have more serious implications for former President Trump's 2024 presidential run than the indictment brought against him by a New York grand jury in March, CBS News Political Director Fin Gómez said Thursday.
Donald Trump indicted in documents probe. Here's what we know so far.
The charges would be the first to arise from special counsel Jack Smith's investigations into former President Donald Trump.
Prospect of Chinese spy base in Cuba unsettles Washington
Cuba may allow China to establish a facility on its territory capable of conducting electronic surveillance on the United States, CBS News has confirmed.
Horses at Arlington National Cemetery will be suspended for a year for rehab
The horses tasked with leading the caissons carrying the caskets of fallen service members during funeral honors at Arlington National Cemetery are taking a year-long pause for rehab.
HealthWatch
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Here's what to look for in an air purifier for wildfire smoke
A high-end device can cost over $1,000, but there are only a few features you really need, experts say.
Hundreds of kids die from drownings each year. Here's how to keep them safe.
A warning for parents as we approach summer: A new report finds hundreds of children die each year from drowning. Here's how to keep them safe.
Wildfire smoke costs U.S. workers more than $100 billion a year in pay
Air pollution takes an $800 billion annual toll on the U.S. economy. Wildfires — worsened by climate change — are making it worse.
Health concerns from hazardous air quality
Millions of Americans are under air quality alerts as Canada's wildfires continue to burn. CBS News medical contributor and editor-at-large for Public Health at KFF, Dr. Celine Gounder, joins "CBS Mornings" to discuss the health risks wildfire smoke poses and offers advice on how to protect yourself.
Haze could hang around Northeast and beyond for days, experts warn
One cardiovascular specialist cautions that breathing the air laden with smoke from the Quebec and Nova Scotia wildfires is "probably worse than smoking a cigarette" in some places.
World
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Greta Thunberg says she's graduating from school strikes for climate
Young Swedish activist Greta Thunberg says a major landmark in her life means she'll "no longer be able to school strike for the climate."
See the unique seat making airplanes more wheelchair accessible
The new accessible airline seat is proof of "what real leadership looks like," disability activists say.
Qantas letting male crew members wear makeup and women scrap high heels
Australia's national airline has been known for its strict style rules but appears to be lightening up somewhat.
Prospect of Chinese spy base in Cuba unsettles Washington
Cuba may allow China to establish a facility on its territory capable of conducting electronic surveillance on the United States, CBS News has confirmed.
Russian man killed in rare shark attack off Egypt's Red Sea coast
Egypt's Environment Ministry said the man was killed after being attacked by a tiger shark in the waters near the city of Hurghada.
Entertainment
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Can't afford a Beyoncé show? Some fans save money by heading overseas
With tickets to U.S. shows soaring to absurd heights, some superfans are flying to Europe to catch their favorite acts.
Bryan Cranston says he will soon take a break from acting
In an interview with British GQ, the "Breaking Bad" star said he planned to take a break from acting in 2026, and maybe move to France with his wife Robin.
Tom Holland says he's taking a "year off" after filming "The Crowded Room"
"I'm now taking a year off, and that is a result of how difficult this show was," Holland said.
Comedian Fortune Feimster on series "Fubar"
Comedian Fortune Feimster joins "CBS Mornings" to discuss her new series "Fubar" and acting alongside Arnold Schwarzenegger.
2023 Tribeca Festival: Opening highlights, in-person and streaming
More than 100 fiction and nonfiction features will unspool at the New York City festival, with many available for home viewing through July 2 via the Tribeca At Home platform. Check out some recommended picks.
Technology
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U.S. investing billions to expand high-speed internet access to rural areas
More than 8.3 million homes and businesses nationwide don't have access to high-speed broadband service, according to the Federal Communications Commission.
Founder of Lesbians Who Tech & Allies
For our "Changing the Game" series, we are highlighting Leanne Pittsford, the CEO and founder of Lesbians Who Tech & Allies. She joins "CBS Mornings" to discuss creating a tech company to help promote visibility and inclusion for LGBTQ+ people.
SEC cracks down on cryptocurrencies
The SEC is suing crypto trading platform Coinbase, saying it is operating illegally as it failed to register as an exchange. It's the latest move in a crackdown against crypto companies. Jon-Jorge Aras, a partner at Warren Law Group and head of the firm's securities litigation, has more.
Tech companies and election misinformation
Some big tech companies are rolling back policies put in place to curb misinformation around the 2020 election, spurring concerns voters may find it difficult to decipher what information is real and what's fake in the 2024 presidential election cycle. CBS News election law contributor David Becker has more.
Study says AI better at predicting cancer risk
A new study claims that artificial intelligence is more accurate at predicting a patient's cancer risk than traditional methods. Janet Shamlian takes a look at how the emerging technology could help breast cancer diagnoses.
Science
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Greta Thunberg says she's graduating from school strikes for climate
Young Swedish activist Greta Thunberg says a major landmark in her life means she'll "no longer be able to school strike for the climate."
Wildfire smoke moves through Eastern U.S.
Millions of Americans spent a second day Thursday under a veil of smoke from wildfires burning in Canada. The smoke was so thick in New York City Wednesday the air quality blew well past what is considered hazardous. CBS News correspondent Christina Ruffini reports from Arlington, Virginia, where the air is now sweeping through.
White House responds to poor air quality
The East Coast has been engulfed with smoke over the past few days, all stemming from a string of wildfires from Canada. White House national climate adviser Ali Zaidi joins "America Decides" to discuss how the Biden administration is mitigating the poor air quality conditions.
Nearby body of water may affect San Andreas Fault, study says
New research is looking into why it's been so long since "the big one" has hit along the southern San Andrea Fault Line and how a nearby body of water may influence earthquakes. Ryley Hill, who led the study, joins CBS News' Lana Zak and Errol Barnett with more.
Crocodile made herself pregnant - a first for her species
DNA analysis determined that the crocodile's nonviable fetus was 99.9% genetically identical to its mother.
Crime
More Crime
Prisoner who escaped with jailer's help is sentenced: "I loved Vicky"
Casey White told those gathered in the Alabama courtroom that he felt like "the most hated man in the world."
Fugitive suspect in woman's 1984 Florida killing arrested 2,500 miles away
Donald Santini had been on the run since 1984, when Florida authorities linked him to the strangling death of Cynthia Wood.
Woman who fatally shot neighbor used racist slurs, arrest report shows
Susan Lorincz told detectives that she called Ajike Owens' children by racist slurs in the months leading up to the fatal shooting, according to an arrest report.
South Carolina officer rescues woman mouthing "help me"
The passenger in the vehicle was wanted in a shooting nearby, police said.
Australian learns fate for punching gay American off cliff in 1988
"I think our family's got some peace and I would even say closure," Steve Johnson told reporters outside the court.
Space
More Space
Daunting test schedule threatens 2025 Artemis moon landing
NASA managers say SpaceX Super Heavy/Starship rocket and lunar lander testing may push Artemis crew landing to 2026.
NASA mission to sun answers questions on solar wind
The Parker Solar Probe answered decades of questions about so-called "solar storms," which create "beautiful auroras on Earth" but also "wreak havoc with satellites and the electrical grid."
SpaceX cargo Dragon docks at space station
The Dragon carries needed crew supplies and equipment, along with two roll-out solar array blankets.
New Webb telescope images reveal center of far-off galaxy
One of the new images, part of an "astronomical treasure trove" reveal asteroid tails shooting across the far-off galaxy.
Livestream captures images of Mars
In a first of its kind event, the European Space Agency on Friday livestreamed images of Mars in what it called an opportunity "to get as close as it's currently possible" to the Red Planet.
Latest Galleries
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Woman poisoned with cheesecake; lookalike convicted of attempted murder
See the details of the bizarre case.
Summer music heats up 2023
Live performances are in full swing this summer. Scroll through our concert gallery, featuring pictures by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
Notable Deaths in 2023
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
N.J. woman survives a home invasion, brutal stabbing by a young stranger
Despite losing three quarters of the blood in her body, Donna Ongsiako was able to help police find the person who almost took her life.
How investigators solved murder of missing Florida woman
Vero Beach Police investigators focused on cellphone tower pings and surveillance footage cameras to catch a man who murdered his former girlfriend.
Latest Videos
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Latest Videos
Trump says he has been indicted
Former President Donald Trump said Thursday that he was indicted in connection with a federal investigation into his handling of sensitive government documents after he left the White House, a historic move that is likely to roil the ongoing 2024 presidential race. CBS News congressional correspondent Scott MacFarlane reports.
Child care crisis straining parents
The cost of child care has been rising for decades, and the situation grew worse as the pandemic closed facilities. Centers are struggling to rehire workers. Meg Oliver reports.
SCOTUS rules against Ala. in voting rights case
The Supreme Court invalidated a congressional map drawn by state lawmakers in Alabama after the 2020 Census. CBS News election law expert David Becker joins "CBS Mornings" to discuss the unexpected ruling.
Bombardment in flooded region of Ukraine
Residents and rescue workers evacuating from flooded Kherson have come under shelling, adding to the destruction facing the area since a major dam was attacked on Tuesday. Meanwhile, on the front line, Ukrainian troops have stepped up offensive operations and Kyiv claims to have made steady gains. Debora Patta reports.
Relief from wildfire smoke could be days away
Dangerously bad air due to Canadian wildfires is still affecting millions of Americans, and hazy skies and reduced visibility are expected in the central and eastern U.S. over the next few days, says meteorologist Stephanie Abrams with The Weather Channel. The worst air quality Friday is expected in cities including Detroit and Pittsburgh.