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Big health insurers cancel $34B merger; Steve Mnuchin confirmed as Treasury Secretary; and Apple's stock hits all-time high. These headlines and more from CBS MoneyWatch.
Steve Mnuchin
Steven Mnuchin confirmed
Steven Mnuchin became the 10th Trump Cabinet nominee to be confirmed in three weeks. CBSN's Elaine Quijano has the latest on the Republicans who voted for him and the one Democrat who supported his nomination.
Mnuchin, Price votes
Republicans in the Senate Finance Committee approved Steve Mnuchin for Treasury and Tom Price for Health and Human Services secretary without help from Democrats. Both votes were delayed when Democrats boycotted, demanding more information on the nominees' financial actions. CBS News Radio's Steve Dorsey joins CBSN with the latest.
Latest MoneyWatch headlines
Treasury Secretary nominee didn't tell Senate about $100M in assets; China's growth slumps; and Western Union to refund nearly $600M to fraud victims. These headlines and more from CBS MoneyWatch.
Mnuchin on offshore accounts
Trump's pick for treasury secretary, Steven Mnuchin, answers questions about his work with offshore accounts in Anguilla.
Latest MoneyWatch headlines
Steve Mnuchin faces Senate confirmation hearing; most Americans think U.S. will pay for Mexican border wall; and Mark Zuckerberg sues to protect Hawaii estate. These headlines and more from CBS MoneyWatch.
Senators hammer Trump nominees
Treasury nominee Steve Mnuchin and EPA nominee Scott Pruitt are the latest Trump Cabinet picks to face Senate questioning. Sources tell CBS News the president-elect has filled his last Cabinet vacancy, naming former Georgia Gov. Sonny Perdue to be secretary of agriculture. Nancy Cordes reports.
Who is U.S. Treasury Secretary nominee Steven Mnuchin?
Donald Trump's pick to lead the Treasury Department is, like the president-elect, a political outsider. We look at Steven Mnuchin's career trajectory, from Wall Street to Hollywood and, now, to the corridors of power in Washington, D.C.
Trump Cabinet
As a candidate, Donald Trump was quick to criticize Wall Street, but that's where the president-elect found two key figures for his economic team. He chose Steve Mnuchin, a life-long Wall Street financier, for Treasury secretary and billionaire businessman Wilbur Ross for Commerce secretary. Major Garrett reports.
Trump Cabinet picks
President-elect Trump made three more Cabinet picks Monday: Campaign finance director Steven Mnuchin for treasury secretary, Rep. Tom Price for health secretary, and Elaine Chao for transportation secretary. Major Garrett has details.
Trump's Cabinet picks
President-elect Donald Trump is expected to announce more Cabinet appointments next week. Former New York City Mayor Rudolph Giuliani is the leading candidate for secretary of state. Former Goldman Sachs executive Steve Mnuchin will be tapped for treasury secretary, and the new commerce secretary will likely be billionaire investor Wilbur Ross. Trump also announced Friday three picks to his national security team. Weijia Jiang reports.
12/1: Red and Blue
AG Barr: No evidence of widespread voter fraud; Rallying voters for Georgia's Senate runoffs
Time running out to pass more COVID relief
With just nine days to go until the Senate adjourns until 2021, time is running out for more pandemic aid to be passed before key unemployment programs and eviction protections lapse at the end of December. CBS News political correspondent Ed O'Keefe, CBS News chief congressional correspondent Nancy Cordes, and Politico White House reporter and associate editor Anita Kumar spoke to "Red and Blue" host Elaine Quijano about where negotiations stand, plus the breaking news on a tax investigation into Hunter Biden.
Mnuchin makes $916 billion offer to Pelosi for COVID relief bill
The Treasury secretary said he had spoken to the speaker about an offer as time runs out for Congress to pass a bill.
Fed and Treasury urge Congress to act now on virus relief
Without immediate assistance, Americans will lose their homes and small businesses will fail, Fed chair warns.
Biden unveils senior members of economic team
President-elect Joe Biden has unveiled senior members of his economic team. His nominee for treasury secretary, Janet Yellen, would be the first woman in that role, and his choice for budget director, Neera Tanden, would be the first woman of color to run the Office of Management and Budget. CBS News political producer Rebecca Kaplan joins CBSN to discuss what lawmakers are saying about those picks as well as the latest on coronavirus relief.
Will Congress extend COVID-19 aid?
As Congress returns from recess, Democrats and Republicans remain far apart on a new COVID-19 relief package. Many federal aid programs are set to expire at the end of December. CBS News chief congressional correspondent Nancy Cordes joined "CBSN AM" with the latest.
Bipartisan senators work on COVID-19 relief
A bipartisan group of senators is working on a new COVID-19 relief package, as key assistance programs are set to expire at the end of the month. CBS News chief congressional correspondent Nancy Cordes joined CBSN with the latest.
Mnuchin move to end some Fed emergency loan programs
"The Treasury and Fed play Battleship in tainted Covid waters," one leading economist said of the year-end move.
Coronavirus relief deal still elusive as Pelosi details outstanding issues
Pelosi placed the blame for the ongoing stalemate squarely on the Trump administration.
Intel officials see foreign election interference
Intelligence officials say Iran and Russia are interfering in the U.S. campaign. The announcement came as both presidential candidates are preparing for the final debate tonight. CBS News White House correspondent Paula Reid joins CBSN to talk about the latest.
Trump, Pelosi, McConnell at odds on stimulus
House Speaker Nancy Pelosi is citing progress in stimulus relief talks with the White House as tens of millions of Americans struggle in the midst of the coronavirus pandemic. But Senate Majority Leader Mitch McConnell is not on board. Meanwhile, President Trump is hitting the campaign trail and walked out early on a "60 Minutes" interview taping. CBS News White House correspondent Paula Reid joins CBSN with the latest developments.
McConnell urged White House not to make stimulus deal ahead of election
The Senate Majority Leader told Senate Republicans on Tuesday that he had warned the White House against making a deal.
Deadline nears for stimulus relief deal
House Speaker Nancy Pelosi says the White House is running out of time to agree to terms of a stimulus relief package if President Trump wants a deal before Election Day. CBS News political reporter Grace Segers joined CBSN to give the latest on those talks.
Coronavirus relief bill deadline looms
House Speaker Nancy Pelosi says today is the deadline for reaching a deal for a coronavirus relief bill before Election Day. While negotiators reported progress between congressional Democrats and the White House, the two sides are still far apart on important issue. CBS News chief congressional correspondent Nancy Cordes joins CBSN to break down what to expect on this decisive day.
Brown University shooting suspect found dead, also killed MIT professor, officials say
The Brown University shooting suspect was found dead in a storage unit in New Hampshire. Authorities believe he is also responsible for killing an MIT professor.
Noem says Brown suspect got U.S. visa through diversity lottery, pauses program
Secretary of Homeland Security Kristi Noem said late Thursday the Trump administration will pause the diversity visa lottery program, which she said was used by alleged Brown University shooter Claudio Manuel Neves Valente.
"Fraud tourists" went to Minnesota to make money off state programs, prosecutors say
Federal prosecutors announced new indictments Thursday in the widening Minnesota fraud scandal, this time involving two Philadelphia-based men accused of traveling to the state.
House Democrats release 68 more photos from Epstein estate
Democrats on the House Oversight Committee have released a new batch of 68 photos obtained from Jeffrey Epstein's estate. Follow live updates here.
U.S. strikes 2 more alleged drug boats, bringing total death count to over 100
The U.S. military says it struck two more alleged drug-carrying boats on Thursday, bringing the total death toll from the Trump administration's monthslong campaign to upwards of 100.
Retired NASCAR driver Greg Biffle and wife, kids among 7 killed in plane crash, officials say
Seven passengers aboard a business jet that crashed Thursday at a regional airport in North Carolina have died, the State Highway Patrol said.
TikTok signs deal for sale of U.S. operations to American investors
TikTok's China-based parent company ByteDance must sever ties with TikTok or lose access to U.S. app stores and web-hosting services
What we know about the suspect in the Brown and MIT professor shootings
Officials say the same gunman who opened fire at Brown University also killed an MIT professor two days later. Here's what we know about the suspect, who was found dead Thursday night.
Kathy Bates says Rob Reiner "changed the course of my life" with "Misery" role
Kathy Bates rose to prominence with her Oscar-winning breakout role in Rob Reiner's adaptation of Stephen King's "Misery" in 1990.
U.S.
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Noem says Brown suspect got U.S. visa through diversity lottery, pauses program
Secretary of Homeland Security Kristi Noem says the Trump administration will pause the diversity visa lottery program, which she said was used by Brown University shooting suspect Claudio Manuel Neves Valente.
What we know about the suspect in the Brown and MIT professor shootings
Officials say the same gunman who opened fire at Brown University also killed an MIT professor two days later. Here's what we know about the suspect, who was found dead Thursday night.
Kathy Bates says Rob Reiner "changed the course of my life" with "Misery" role
Kathy Bates rose to prominence with her Oscar-winning breakout role in Rob Reiner's adaptation of Stephen King's "Misery" in 1990.
Brown University shooting suspect found dead, also killed MIT professor, officials say
The Brown University shooting suspect was found dead in a storage unit in Salem, New Hampshire. Authorities believe he is also responsible for killing an MIT professor.
This week on "Sunday Morning" (Dec. 21)
A look at the features for this week's broadcast of the Emmy-winning program, hosted by Jane Pauley.
MoneyWatch
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TikTok signs deal for sale of U.S. operations to American investors
TikTok's China-based parent company ByteDance must sever ties with TikTok or lose access to U.S. app stores and web-hosting services
Instacart to pay $60M in refunds over allegations it deceived customers
Instacart's "unlawful tactics" hurt shoppers and raised the cost of groceries, according to the FTC.
Trump announces "warrior dividend" for military. Here's what to know.
The president announced the one-time payments during his White House address on Wednesday. Here's what to know about timing, taxes and more.
Small businesses face affordability crunch as tariff and other costs rise
Some small business owners say they're struggling to stay afloat because of higher tariff, health insurance and energy costs.
CPI report shows the inflation rate rose at a 2.7% pace in November
Economists had expected CPI to rise at an annual rate of 3% last month.
Politics
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Noem says Brown suspect got U.S. visa through diversity lottery, pauses program
Secretary of Homeland Security Kristi Noem says the Trump administration will pause the diversity visa lottery program, which she said was used by Brown University shooting suspect Claudio Manuel Neves Valente.
U.S. strikes 2 more alleged drug boats, bringing total death count to over 100
The U.S. military says it struck two more alleged drug-carrying boats on Thursday, bringing the total death toll from the Trump administration's monthslong campaign to upwards of 100.
Exclusive
Trump administration pauses immigration cases for people from another 20 countries
The U.S. government has expanded a sweeping pause on legal immigration applications to include those filed by people from an additional 20 countries, a U.S. official told CBS News.
Milwaukee judge found guilty of obstruction after allegedly helping migrant evade arrest
A jury convicted a Milwaukee judge on one count of felony obstruction Thursday, the Associated Press reported, after she was accused of helping a man who was in the U.S. illegally evade federal immigration authorities.
TikTok signs deal for sale of U.S. operations to American investors
TikTok's China-based parent company ByteDance must sever ties with TikTok or lose access to U.S. app stores and web-hosting services
HealthWatch
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Trump administration unveils proposals to cut off transgender care for minors
The proposals run counter to the recommendations of most major U.S. medical organizations.
Measles outbreaks worsen in South Carolina, Arizona and Utah
Nationally, the measles case count is nearing 2,000 for a disease that has been considered eliminated in the U.S. since 2000, a result of routine childhood vaccinations.
He made his brothers see a cardiologist. Each had advanced heart disease.
Kevin Murray was his family's health watchdog. His vigilance helped his brothers "avoid a real catastrophe."
Millions of Americans could see health plan costs double as ACA credits vanish
"I don't know how I'm going to pay for this," said one person with an Affordable Care Act plan that will cost her $1,100 a month starting in January.
Vaccine vote signals turbulence for immunization policy, public trust
Clinicians and epidemiologists warn the decision could unravel decades of progress and expose newborns to a deadly, preventable disease.
World
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TikTok signs deal for sale of U.S. operations to American investors
TikTok's China-based parent company ByteDance must sever ties with TikTok or lose access to U.S. app stores and web-hosting services
Witkoff to meet with Kremlin envoy in Miami on U.S. peace plan for Ukraine
A U.S. official says a Kremlin envoy will travel to Florida to discuss a U.S.-proposed plan to end the war in Ukraine.
Texas rabbi shot trying to help faces long recovery after Australia attack
As the youngest Bondi Beach shooting victim is mourned, a Texas couple tell CBS News about their "quick thinking" son's bid to intervene, and his road to recovery.
Teen inmate captured weeks after escaping prison with bedsheets
The inmate and another detainee fled an overcrowded jail after sawing through their cell bars with blades that investigators suspect were delivered by drone.
China fumes as White House announces record $10B in arms sales to Taiwan
The Trump administration's announcement of plan to sell Taiwan a record $10 billion worth of weapons draws an angry response from China.
Entertainment
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Kathy Bates says Rob Reiner "changed the course of my life" with "Misery" role
Kathy Bates rose to prominence with her Oscar-winning breakout role in Rob Reiner's adaptation of Stephen King's "Misery" in 1990.
Jelly Roll pardoned by Tennessee governor for robbery, drug convictions
Jelly Roll had said a pardon would make it easier for him to travel internationally for concert tours and to perform Christian missionary work without requiring burdensome paperwork.
Gloria Gaynor on how "I Will Survive" empowered her through a dark time
Gloria Gaynor told "CBS Mornings" her hit 1978 song gave her hope during one of the most difficult periods of her life.
Neil Patrick Harris talks new game show
Neil Patrick Harris says he's always loved game shows. He talks to "CBS Mornings" about how his passion started during his childhood and what it's like now hosting his own game show, "What's in the Box."
How Gloria Gaynor became the queen of disco
Gloria Gaynor's 1978 hit "I Will Survive" has been a motivational anthem for decades. The "Queen of Disco," a 2025 Kennedy Center Honoree, spoke to "CBS Mornings" about how the iconic song changed her outlook on life.
Technology
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Instacart to pay $60M in refunds over allegations it deceived customers
Instacart's "unlawful tactics" hurt shoppers and raised the cost of groceries, according to the FTC.
Helping teens develop healthy phone habits
Helping teens develop healthy habits around social media use and screen time is important when they first receive a smartphone. Pediatric psychologist Ann-Louise Lockhart, an Instagram brand spokesperson and author of the new book "Love the Teen You Have," joins "CBS Mornings" to share some advice and tools, such as Instagram Teen Accounts, that parents can use to help their teens. For more information on Instagram Teen Accounts, visit familycenter.meta.com. (Sponsored by Instagram)
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.
How artificial intelligence grew in 2025
In 2025, the integration of artificial intelligence into the U.S. economy and people's everyday lives grew to historic levels. CBS News senior business and technology correspondent Jo Ling Kent joins to recap how the transformative technology expanded over the past year, and what we can expect in 2026.
OpenAI, Amazon in talks over $10B investment
OpenAI, the developer for ChatGPT, and Amazon are in talks over a possible $10 billion investment. Mark DeCambre, editor-in-chief for MarketWatch, joins with more.
Science
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Major climate research center on Trump administration chopping block
The Trump administration intends to dismantle one of the world's leading climate research institutions, in Boulder, Colorado, over what it said were concerns about "climate alarmism."
Researchers capture video of rare polar bear adoption
The footage of a bear caring for an adopted cub was captured during the annual polar bear migration along the Western Hudson Bay in Churchill, Manitoba.
Dinosaur tracks showing "herds moving in synchrony" found in Italy
Most of the footprints are elongated and made by bipeds. The best-preserved ones bear traces of at least four toes.
Interstellar comet is making its closest approach to Earth
NASA continues to aim its space telescopes at the visiting ice ball, estimated to be up to 3.5 miles in size.
Fossil footprints in Bolivia reveal dinosaurs' awkward attempts to swim
Paleontologists have discovered and documented 16,600 footprints left by theropods, the dinosaur group that includes the Tyrannosaurus rex.
Crime
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What we know about the suspect in the Brown and MIT professor shootings
Officials say the same gunman who opened fire at Brown University also killed an MIT professor two days later. Here's what we know about the suspect, who was found dead Thursday night.
Officials: Brown shooter killed MIT professor
The gunman behind the shooting at Brown University also killed an MIT professor on Monday, according to Leah Foley, U.S. attorney for the District of Massachusetts. See Foley's full remarks from Thursday night.
Brown University shooting suspect found dead
The suspect in the Dec. 13 mass shooting on the campus of Brown University was found dead in a storage unit in Salem, New Hampshire, Thursday night. Jessi Mitchell anchored CBS News' special report.
New Hampshire search connected to Brown shooting
Police searched an area in Salem, New Hampshire, Thursday night in connection with the recent killings at Brown University and MIT, sources told CBS News Boston. CBS News' Katrina Kaufman reports and retired FBI special agent and profiler Mary Ellen O'Toole joins with analysis.
New Hampshire search connected to Brown shooting
Police are searching an area in Salem, New Hampshire, in connection with the Brown University mass shooting and the killing of the MIT professor, sources told CBS News Boston. CBS News Boston's Penny Kmitt reports and Jeff Harp, retired FBI assistant special agent in charge, joins with analysis.
Space
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Jared Isaacman, billionaire who's flown with SpaceX, confirmed to lead NASA
President Trump withdrew Isaacman's nomination for NASA administrator in April, before nominating him again in November.
Interstellar comet is making its closest approach to Earth
NASA continues to aim its space telescopes at the visiting ice ball, estimated to be up to 3.5 miles in size.
"Wet lava ball" exoplanet may have an atmosphere, evidence shows
Super-Earth TOI-561b is about 40 times closer to its host star than Mercury is to the sun.
NASA says Maven spacecraft that was orbiting Mars has gone silent
NASA has lost contact with a spacecraft that's been orbiting Mars for more than a decade.
Black hole spotted blasting winds at 130 million miles per hour
The European Space Agency said that the black hole inside the spiral galaxy NGC 3783 has the mass of 30 million suns.
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.
"Son of Sam": A serial killer's reign of terror
Calling himself the "Son of Sam" in a letter left at one of the crime scenes, David Berkowitz claimed voices were ordering him to kill -- starting in the summer of 1976, he went on a 13-month spree of impulse killings in New York City that left six dead and seven injured
Latest CBS News Videos
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Latest CBS News Videos
The Uplift: Made with love
Visit a Uyghur restaurant in Southern California, where culture is shared and the food is made with love. Plus, a man who wanted to save his friends life by donating a kidney ends up saving his own life.
Officials: Brown shooter killed MIT professor
The gunman behind the shooting at Brown University also killed an MIT professor on Monday, according to Leah Foley, U.S. attorney for the District of Massachusetts. See Foley's full remarks from Thursday night.
Brown University shooting suspect found dead
The suspect in the Dec. 13 mass shooting on the campus of Brown University was found dead in a storage unit in Salem, New Hampshire, Thursday night. Jessi Mitchell anchored CBS News' special report.
Breaking down the November CPI report
Geoeconomics correspondent Erin Delmore joins CBS News to discuss the latest numbers on inflation.
New Hampshire search connected to Brown shooting
Police searched an area in Salem, New Hampshire, Thursday night in connection with the recent killings at Brown University and MIT, sources told CBS News Boston. CBS News' Katrina Kaufman reports and retired FBI special agent and profiler Mary Ellen O'Toole joins with analysis.