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.
Trump responds to "traitor" Marjorie Taylor Greene after "60 Minutes" interview
President Trump said Georgia Republican Rep. Marjorie Taylor Greene is "not AMERICA FIRST or MAGA" and also attacked "60 Minutes" and Paramount in a social media post.
Trump walks back support for releasing video of second boat strike
Over the weekend, Defense Secretary Pete Hegseth declined to commit to releasing video of a September boat strike operation.
Alina Habba resigns from U.S. attorney's office after court ruling
Alina Habba served as a personal lawyer to President Trump before she was tapped to temporarily serve as U.S. attorney in New Jersey.
Trump says he's letting Nvidia sell advanced chips to China
President Trump said the U.S. will take a 25% cut of sales of advanced Nvidia chips to China.
Defense bill would limit Pentagon travel funds until boat strike footage released
The provision was tucked into the National Defense Authorization Act, an annual defense policy bill that has passed every year for more six decades.
Fired FBI agents file lawsuit against Patel, Bondi, FBI and DOJ
Ex-FBI agents are trying to get their jobs back, claiming they were fired during Trump's second term for their efforts in 2020 to head off a riot in the wake of the killing of George Floyd.
White House announces $12 billion aid package for U.S. farmers
The new financial aid package is expected to shore up the U.S. agricultural sector, which has been hurt by tariffs and a trade war with China.
Paramount Skydance makes $108.4 billion bid for Warner Bros. Discovery
Paramount Skydance's $30 per share offer comes just days after Netflix agreed to buy Warner Bros. in a deal valued at $82.7 billion.
Golden Globe nominations announced for 2026. See the list.
The nominations for the 2026 Golden Globes were announced on Monday morning. Here are the nominees.
U.S.
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Millions have reported domestic violence. Experts say we need to talk about it more.
According to the FBI, domestic homicides more than doubled between 2019 and 2024, increasing from 1,065 to 2,339. The latest data has experts worried.
Passenger who died on cruise ship was served 33 drinks, lawsuit claims
Royal Caribbean crew members "negligently" over-served 35-year-old Michael Virgil "in a matter of hours" while he exhibited obvious signs of intoxication, the lawsuit alleges.
Trump walks back support for releasing video of second boat strike
Over the weekend, Defense Secretary Pete Hegseth declined to commit to releasing video of a September boat strike operation.
More than 75% of homes across the U.S. are unaffordable, study finds
Homeownership can feel like a luxury when only a sliver of the country's housing market is affordable for most Americans, Bankrate analyst says.
Fired FBI agents file lawsuit against Patel, Bondi, FBI and DOJ
Ex-FBI agents are trying to get their jobs back, claiming they were fired during Trump's second term for their efforts in 2020 to head off a riot in the wake of the killing of George Floyd.
MoneyWatch
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Trump says he's letting Nvidia sell advanced chips to China
President Trump said the U.S. will take a 25% cut of sales of advanced Nvidia chips to China.
More than 75% of homes across the U.S. are unaffordable, study finds
Homeownership can feel like a luxury when only a sliver of the country's housing market is affordable for most Americans, Bankrate analyst says.
What to expect when the Fed announces next interest rate move this week
The Federal Reserve's last meeting of 2025 will determine whether borrowers get more relief on interest rates.
Trump announces $12 billion aid package for U.S. farmers
The new financial aid package is expected to shore up the U.S. agricultural sector, which has been hurt by tariffs and a trade war with China.
Nuts sold at Wegmans stores in 9 states recalled over salmonella risk
Mixed nuts from Ohio-based Mellace Family Brands sold at some Wegmans stores could be tainted with Salmonella, FDA warns.
Politics
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Trump says he's letting Nvidia sell advanced chips to China
President Trump said the U.S. will take a 25% cut of sales of advanced Nvidia chips to China.
Trump walks back support for releasing video of second boat strike
Over the weekend, Defense Secretary Pete Hegseth declined to commit to releasing video of a September boat strike operation.
Lawmaker asks what happened to probe into for-profit dialysis industry
Two companies dominate U.S. dialysis services, and a CBS News review of federal data found one-third of dialysis clinics failed to meet federal standards this year.
Defense bill would limit Pentagon travel funds until boat strike footage released
The provision was tucked into the National Defense Authorization Act, an annual defense policy bill that has passed every year for more six decades.
Fired FBI agents file lawsuit against Patel, Bondi, FBI and DOJ
Ex-FBI agents are trying to get their jobs back, claiming they were fired during Trump's second term for their efforts in 2020 to head off a riot in the wake of the killing of George Floyd.
HealthWatch
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Nuts sold at Wegmans stores in 9 states recalled over salmonella risk
Mixed nuts from Ohio-based Mellace Family Brands sold at some Wegmans stores could be tainted with Salmonella, FDA warns.
Details on CDC Hepatitis B vaccine decision
The Centers for Disease Control and Prevention's vaccine advisory panel on Friday voted to not recommend the Hepatitis B vaccine for everyone at birth, alarming many in the medical community. CBS News medical contributor Dr. Celine Gounder explains what to know about the decision and its potential impact.
Controversial appointee rocks FDA like "an atom bomb," scientists there say
The Trump administration's elevation of Dr. Tracy Beth Høeg to lead a high-profile office within the Food and Drug Administration is raising alarm among multiple senior FDA officials.
California warns against foraging mushrooms after cluster of poisonings, 1 death
California's public health department said one person has died and several others have suffered severe liver damage due to eating toxic mushrooms that were foraged.
Artist who fought for diagnosis turns incurable cancer journey into art
Nardiz Cooke was immediately transfixed by the mask she wore while receiving treatment for late-stage cancer.
World
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Trump says he's letting Nvidia sell advanced chips to China
President Trump said the U.S. will take a 25% cut of sales of advanced Nvidia chips to China.
Defense bill would limit Pentagon travel funds until boat strike footage released
The provision was tucked into the National Defense Authorization Act, an annual defense policy bill that has passed every year for more six decades.
8 Matisse artworks stolen from library in São Paulo, Brazilian officials say
One of two suspects has been arrested in the theft of eight artworks by Matisse, as well as five pieces by Brazilian modernist painter Candido Portinari.
Wreck of 2,000-year-old pleasure boat discovered off Egypt's coast
Underwater archaeologists announced they had discovered the ancient wreck of an ancient Egyptian pleasure boat off the coast of Alexandria.
4 dead, 1 missing after wave drags swimmers out to sea at Spain tourist spot
A powerful wave dragged a group of swimmers at a popular seawater pool along the coast of the Spanish island of Tenerife. At least four people have died and one is missing.
Entertainment
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Paramount Skydance makes $108.4 billion bid for Warner Bros. Discovery
Paramount Skydance's $30 per share offer comes just days after Netflix agreed to buy parts of Warner Bros. in a deal valued at nearly $83 billion.
Golden Globe nominations announced for 2026. See the full list.
The nominations for the 2026 Golden Globes were announced on Monday morning. Here are the nominees.
Golden Globe nominees announced
"CBS Mornings" reveals the nominees for some of the Golden Globe Awards' biggest categories. Plus, Fandango managing editor Erik Davis breaks down the nominations.
Trump hosts Kennedy Center Honors, a first for a president
President Trump hosted the Kennedy Center Honors on Sunday after presenting medals to the 2025 Kennedy Center honorees during an Oval Office ceremony Saturday.
Book excerpt: "The Colonel and the King" by Peter Guralnick
Elvis Presley biographer Peter Guralnick's latest book traces the relationship between the King and Colonel Tom Parker, a manager whose marketing savvy helped launch a rock 'n' roll revolution.
Technology
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Technology
At least 6 families sue Character.AI
At least six American families are suing Character.AI, its co-founders and Google over the role its chatbot allegedly played in encouraging their children to take their own lives. Ian Krietzberg, AI correspondent for Puck News, joined CBS News to discuss.
Waymo fallout amid school bus safety issues
Waymo, the ride-hailing service, says it is planning a voluntary software recall to fix a glitch after reports its self-driving cars don't stop for school buses. The company has already tried to fix the issue, but police in Texas said it didn't work. Kris Van Cleave reports.
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.
2025 holiday gift ideas from Techno Claus
Who dresses as St. Nick and speaks an odd brogue? Why, it's Techno Claus, a.k.a. David Pogue! He offers "Sunday Morning" viewers his valuable tips for the gadget lovers on your gift-giving list.
There's a new face in Hollywood, generated by AI
Tilly Norwood is unlike any other aspiring TV or movie star: Tilly is entirely generated by artificial intelligence. What might that mean for the media industry?
Science
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"Space gum" discovered in asteroid Bennu samples, NASA reveals
Samples collected from the asteroid Bennu are continuing the shed light on the origins of the solar system and how life developed on Earth, scientists say.
CEO of genetics firm says parents have a right to choose unborn child's traits
Kian Sadeghi, the 25-year-old founder and CEO at Nucleus Genomics, tells "CBS Mornings" that parents have every right to select the qualities and traits they desire in their child.
Sick ants invite self-sacrifice to save colony: "Come and kill me"
Ant colonies act as one "super-organism" which works to ensure the survival of all, according to a team of scientists.
Mystery owner of ancient foot found in Africa identified, scientists say
The discovery could cast some doubt on the status of Lucy's species as the direct ancestor of Homo sapiens.
Most dogs have wolf DNA. These breeds have more than others.
Wolf DNA seems to have influenced the size, smelling power and even personality of modern dog breeds, scientists said.
Crime
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Millions have reported domestic violence. Experts say we need to talk about it more.
According to the FBI, domestic homicides more than doubled between 2019 and 2024, increasing from 1,065 to 2,339. The latest data has experts worried.
Luigi Mangione in court for pretrial hearing
Luigi Mangione, the man accused of killing UnitedHealthcare CEO Brian Thompson in December 2024, returned to court Monday for a pretrial hearing. CBS News legal contributor Caroline Polisi joins with analysis.
New evidence revealed in Mangione hearing
Luigi Mangione, charged with murdering UnitedHealthcare CEO Brian Thompson last year in New York City, was back in court Monday as his defense attorneys try to have certain evidence withheld from his upcoming state trial. CBS News legal reporter Katrina Kaufman has more.
8 Matisse artworks stolen from library in São Paulo, Brazilian officials say
One of two suspects has been arrested in the theft of eight artworks by Matisse, as well as five pieces by Brazilian modernist painter Candido Portinari.
Drawing attention to domestic violence
It's one of the most common violent crimes in America, but many experts say we don't talk about it enough. Domestic violence is behind the majority of shootings where women are injured or killed. The head of our CBS News Crime and Public Safety Unit, Anna Schecter, takes a closer look at the issue.
Space
More Space
"Space gum" discovered in asteroid Bennu samples, NASA reveals
Samples collected from the asteroid Bennu are continuing the shed light on the origins of the solar system and how life developed on Earth, scientists say.
Air Force approves SpaceX launch pad expansion
The U.S. Air Force has approved SpaceX's plan to redevelop a historic launch pad at Cape Canaveral. CBS News correspondent Mark Strassmann reports.
Geomagnetic storm watch issued after powerful solar flare
Solar flares and other activity can disrupt radio communications, power grids and navigation signals, according to NASA.
Scientists think they've detected lightning on Mars: "Missing piece of the puzzle"
Researchers have documented 55 instances of "mini lightning" over two Martian years by eavesdropping on the whirling wind recorded by NASA's Perseverance rover.
Russia sends a NASA astronaut, 2 cosmonauts, up to the space station
The new space station crew includes American Chris Williams, who holds a Ph.D. in astronomy and is a board-certified medical physicist at Harvard Medical School.
Latest Galleries
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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.
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.
Robert Redford 1936-2025
A retrospective look at the actor, director, producer, and founder of the Sundance Institute.
Latest CBS News Videos
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Latest CBS News Videos
Trump lets Nvidia sell some AI chips to China
President Trump announced Monday he will allow Nvidia to sell its advanced H200 computer chips to "approved customers" in China, but Mr. Trump said the deal does not include Nvidia's more advanced Blackwell system or its soon-to-be-released Rubin system.
Altadena brings Christmas Tree Lane back to life
Altadena's beloved Christmas Tree Lane is shining again nearly a year after a deadly wildfire tore through the area. Carter Evans has the story.
Seniors face retirement facility's closure
Residents paid steep entrance fees to live in a continuing care retirement community, believing their families could one day recoup much of the money. Kelly O'Grady reports on the impact after the facility went bankrupt.
Rep. Jasmine Crockett launches Senate bid
Democratic Rep. Jasmine Crockett of Texas launched a bid for U.S. Senate on Monday. CBS News reporter Shawna Mizelle has the details.
Waymo robotaxis seen not stopping for school buses
The self-driving taxi company Waymo is being investigated by federal safety regulators over a persistent problem: failing to stop for school buses. Kris Van Cleave reports.