Latest MoneyWatch headlines
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.
Trump cancels housing bill signing, reiterates demand for SAVE America Act
President Trump canceled a planned signing ceremony on Wednesday for a housing affordability bill that passed Congress by wide bipartisan margins.
Trump admin. asks Congress for $88B in supplemental funding for Iran war, other needs
The Trump administration on Wednesday sent Congress a long-awaited supplemental funding package to help cover the cost of the Iran war.
Trump has testy meeting with GOP senators, telling Cassidy to sit down
President Trump met with Republican senators soon after canceling plans to sign bipartisan housing affordability legislation at the Capitol.
Live
U.N. nuclear agency chief says Iran inspections will happen, at some point
After conflicting remarks from Iran and the U.S., the U.N. nuclear agency chief says Iranian sites will be inspected, but the timing is "not essential."
First on CBS
Trump to ask Congress to make 15% ethanol-gas blend permanent
E15 is usually only available part of the year to help ease high gas prices under a waiver from the EPA.
Air Canada flight diverted to Boston airport due to "incapacitated" pilot
An Air Canada flight out of Newark, New Jersey was forced to divert and land at Boston's Logan Airport after the pilot became "incapacitated," Massachusetts State Police said.
Espaillat's loss a political earthquake for House Dems, Hispanic caucus
Five-term incumbent Rep. Adriano Espaillat was defeated in the Democratic primary Tuesday night in a stunning upset by political newcomer and democratic socialist Darializa Avila Chevalier.
Appeals court rejects Trump administration's bid for Michigan's voter rolls
The U.S. Court of Appeals for the 6th Circuit is the first appeals court to weigh in on the Trump administration's attempts to obtain sensitive voter information from 30 states and D.C.
First on CBS
Trump-linked firm is lobbying for pardons and its first client already paid $500K
Mo Strategies, started by former Trump campaign and administration officials, recently expanded its practice into the lucrative world of pardon lobbying.
U.S.
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Appeals court rejects Trump administration's bid for Michigan's voter rolls
The U.S. Court of Appeals for the 6th Circuit is the first appeals court to weigh in on the Trump administration's attempts to obtain sensitive voter information from 30 states and D.C.
Trump has testy meeting with GOP senators, telling Cassidy to sit down
President Trump met with Republican senators soon after canceling plans to sign bipartisan housing affordability legislation at the Capitol.
Some states want to regulate prediction markets. Should the feds let them?
The Commodity Futures Trading Commission has sued nine states to block them from regulating prediction markets such as Kalshi and Polymarket.
Bill Gates said Epstein tried to use knowledge of his affairs "to pressure me"
Bill Gates testified June 10 for nearly six hours before the House Oversight Committee, which is examining the government's handling of the Epstein case and those with ties to him.
Can Slate's $24,950 electric pickup truck win over EV skeptics?
Backed by Jeff Bezos, Slate's EV pickup sells for about half the cost of a typical new vehicle. But car experts say its unconventional design may be a hurdle.
MoneyWatch
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Some states want to regulate prediction markets. Should the feds let them?
The Commodity Futures Trading Commission has sued nine states to block them from regulating prediction markets such as Kalshi and Polymarket.
First on CBS
Trump to ask Congress to make 15% ethanol-gas blend permanent
E15 is usually only available part of the year to help ease high gas prices under a waiver from the EPA.
Can Slate's $24,950 electric pickup truck win over EV skeptics?
Backed by Jeff Bezos, Slate's EV pickup sells for about half the cost of a typical new vehicle. But car experts say its unconventional design may be a hurdle.
Chemours to pay $450M in first federal "forever chemicals" settlement
Chemical maker Chemours allegedly discharged chemicals linked to cancer and other health conditions in three states.
Our new podcast will help you make smarter "Money Moves"
Get clear, actionable financial advice starting June 30 wherever you get your podcasts.
Politics
More Politics
CBS News poll finds more oppose than favor data centers in their area
Most Americans expect data centers to negatively impact the environment, local resources, although some see economic benefits
Espaillat's loss a political earthquake for House Dems, Hispanic caucus
Five-term incumbent Rep. Adriano Espaillat was defeated in the Democratic primary Tuesday night in a stunning upset by political newcomer and democratic socialist Darializa Avila Chevalier.
Trump admin. asks Congress for $88B in supplemental funding for Iran war, other needs
The Trump administration on Wednesday sent Congress a long-awaited supplemental funding package to help cover the cost of the Iran war.
Appeals court rejects Trump administration's bid for Michigan's voter rolls
The U.S. Court of Appeals for the 6th Circuit is the first appeals court to weigh in on the Trump administration's attempts to obtain sensitive voter information from 30 states and D.C.
Trump has testy meeting with GOP senators, telling Cassidy to sit down
President Trump met with Republican senators soon after canceling plans to sign bipartisan housing affordability legislation at the Capitol.
HealthWatch
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Medicare's AI push snarls patients and doctors in errors and delays
Medicare is testing the use of artificial intelligence to preapprove several healthcare services.
Confirmed Ebola cases in Congo top 1,000, deaths surpass 250, officials say
Confirmed Ebola cases in the outbreak in eastern Congo have reached 1,003, including 254 deaths, officials said, and tracing those who've been in contact with patients remains a major challenge.
Affordable healthcare emerges as a voter priority in purple Nevada
The Trump administration's cuts to Medicaid and SNAP may complicate Republican Gov. Joe Lombardo's reelection chances.
6/21: Sunday Morning
Hosted by Lee Cowan. Featured: Birthright citizenship; the Theodore Roosevelt Presidential Library unveiled; Shooter Jennings releases recordings by his father, Waylon Jennings; comedian John Mulaney; childhood obesity; and the secrets of seahorses and seadragons.
Fighting childhood obesity, for a healthier, longer life
In 1970, about 1 in 20 children were affected by obesity; today, it's 1 in 5. Dr. Jonathan LaPook looks at programs aimed at helping kids (and their families) get healthy the old-fashioned way, by eating right and exercising.
World
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Trump admin. asks Congress for $88B in supplemental funding for Iran war, other needs
The Trump administration on Wednesday sent Congress a long-awaited supplemental funding package to help cover the cost of the Iran war.
TV host sorry for slamming player for leaving World Cup for baby's birth
France Pierron described childbirth as "a disgusting moment, excuse me, where the dad is useless" during a TV appearance.
Ancient Egyptian burial site reveals centuries of changing traditions
Human and animal remains unearthed in Egypt's Nile Delta reveal changing funerary practices over some 600 years, and the evolution of a key site itself.
American boy attacked by shark in Bahamas while swimming with brother
The boy was on a tour of the Bahamas' Exuma Cays with his family when the attack occurred, the Royal Bahamas Police Force said.
Live
U.N. nuclear agency chief says Iran inspections will happen, at some point
After conflicting remarks from Iran and the U.S., the U.N. nuclear agency chief says Iranian sites will be inspected, but the timing is "not essential."
Entertainment
More Entertainment
Entertainment
Inside Kidz Bop as it celebrates 25 years
Since Kidz Bop started, it has racked up 45 No. 1s on the Billboard kid albums chart. "CBS Mornings" goes behind the scenes as Kidz Bop celebrates 25 years and meets a Broadway performer who credits the company for his start in the industry.
Clive Davis biographer remembers music icon
Record label executive and starmaker Clive Davis died at 94 on Monday. His influence spans genres and decades. Music critic and Davis biographer Anthony DeCurtis reflects on the life and legacy of Clive Davis.
Jim Parsons on Broadway musical debut
Jim Parsons speaks about starring in the musical "Titaníque," which is a comedic retelling of the story of the "Titanic," from the perspective and songs of Celine Dion. Parsons talks about why he wanted to portray's Rose's mother, the show's impact on the LGBTQ+ community and the cast.
Clive Davis dies at 94
Clive Davis, known for propelling artists across genres to stardom, died Monday at the age of 94. "CBS Mornings" co-host Gayle King looks back at his legacy in the music industry.
Actor James Handy's alleged killer found mentally incompetent for prosecution
A judge has found that a man charged with murder in the stabbing of actor James Handy isn't mentally competent for criminal court proceedings.
Technology
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Technology
Meta creating prediction market app, NYT says
Prediction markets like Kalshi and Polymarket, which allow people to bet on nearly anything, are big business, and Meta is hoping to get in on the action, according to a new report from the New York Times. CNET senior technology reporter Abrar Al-Heeti joins CBS News to discuss.
CBS News poll finds more oppose than favor data centers in their area
Most Americans expect data centers to negatively impact the environment, local resources, although some see economic benefits
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.
Zuckerberg could be betting on new app
Mike Isaac, a tech reporter for The New York Times, joins CBS News 24/7 to discuss a story he helped break about Meta CEO Mark Zuckerberg directing the company to develop a prediction market app.
Tech stocks plummet amid AI bubble worries
Investors are recoiling from tech stocks again over doubts that AI spending will pay off in the long run. Yahoo Finance's Brooke DiPalma explains the current state of the global stock market.
Science
More Science
Ancient Egyptian burial site reveals centuries of changing traditions
Human and animal remains unearthed in Egypt's Nile Delta reveal changing funerary practices over some 600 years, and the evolution of a key site itself.
Telescope snaps most detailed photo yet of Milky Way's heart
Euclid is on a mission to chart one-third of the sky in the hopes of shedding light on the enduring mysteries of dark matter and dark energy.
Interstellar comet may be oldest object ever seen in solar system
Exactly where the comet 3I/ATLAS came from within the Milky Way remains a mystery.
6/21: Sunday Morning
Hosted by Lee Cowan. Featured: Birthright citizenship; the Theodore Roosevelt Presidential Library unveiled; Shooter Jennings releases recordings by his father, Waylon Jennings; comedian John Mulaney; childhood obesity; and the secrets of seahorses and seadragons.
Seahorses and seadragons, some of Nature's most curious creatures
Seahorses are unique ocean inhabitants with a head like a horse, a pouch like a kangaroo, a tail like a monkey, and the ability to camouflage themselves like a chameleon. They also exhibit an unconventional gender dynamic, in that the males do the work of carrying around fertilized eggs. Correspondent Conor Knighton goes in search of these fascinating fish – and their equally fascinating cousins, seadragons – at the Birch Aquarium at the Scripps Institution of Oceanography in California.
Crime
More Crime
Crime
Trump-linked firm is lobbying for pardons
Mo Strategies, a firm linked to President Trump, is lobbying for pardons, according to a CBS News investigation. CBS News' Gabe Kaminsky has more.
Eric Adams' former chief of staff arrested
Frank Carone, the former chief of staff to former New York City Mayor Eric Adams, was arrested as part of a federal bribery probe, sources say. Meanwhile, the FBI and NYPD are investigating former NYPD officials for bribery. CBS News' Anna Shecter has more.
Vegas murder solved 20 years after man strangled with phone cord
DNA testing has identified a suspect in the 2005 murder of Daniel Zeisler in Las Vegas, according to a forensic lab.
TSA seizes illegal drones by World Cup arenas
Despite repeated warnings, many drone operators are allegedly violating flight restrictions near World Cup sites, the TSA says. Meanwhile, more drones are being integrated into the U.S. national airspace and military operations. Drone expert Tombo Jones joins "CBS News 24/7 Mornings" to comment on drone technology.
Details on Bill Gates' Epstein testimony
The House Oversight Committee released transcripts of Bill Gates' testimony in the Jeffrey Epstein probe. CBS News' Aaron Navarro has more.
Space
More Space
Telescope snaps most detailed photo yet of Milky Way's heart
Euclid is on a mission to chart one-third of the sky in the hopes of shedding light on the enduring mysteries of dark matter and dark energy.
Interstellar comet may be oldest object ever seen in solar system
Exactly where the comet 3I/ATLAS came from within the Milky Way remains a mystery.
Researchers find "Pink Planet" has salty clouds: "We were very surprised"
The "Pink Planet," formally known as GJ504b, was discovered in 2013 and is technically not a planet but rather a "planetary-mass companion."
NASA chief defends choice of all-male crew for Artemis III mission
NASA's Jared Isaacman says the crew was selected solely based on their experience, expertise and availability for flight assignment.
NASA names 4 astronauts for next Artemis mission
NASA's Artemis III astronauts plan to carry out rendezvous and docking procedures with commercial moon landers being built by SpaceX and Blue Origin.
Latest Galleries
More Latest Galleries
Celebrations at Obama Presidential Center
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
Notable Deaths in 2026
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Summer music highlights of 2026
Summer is the time to enjoy live music, indoors and out. Scroll through our gallery of some of 2026's leading musical acts, featuring images by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
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
Polymarket launches probe after WSJ investigation
A new report from The Wall Street Journal alleges that Polymarket paid content creators to post videos about winning bets that did not exist. Caitlin Ostroff, one of the reporters who broke the story, joins "The Takeout" to discuss.
Cait Conley on race against Lawler in November
In November, Republican Rep. Mike Lawler will face combat veteran and Biden administration national security staffer Cait Conley, who prevailed in Tuesday night's Democratic primary for New York's 17th congressional district. Conley joins "The Takeout" to discuss why she thinks she can flip the seat from red to blue.
Are Democrats having a Tea Party moment?
Progressive candidates endorsed by New York City Mayor Zohran Mamdani emerged victorious in Tuesday's primaries. CBS News' Fin Gómez and Anthony Salvanto join with analysis.
Meta creating prediction market app, NYT says
Prediction markets like Kalshi and Polymarket, which allow people to bet on nearly anything, are big business, and Meta is hoping to get in on the action, according to a new report from the New York Times. CNET senior technology reporter Abrar Al-Heeti joins CBS News to discuss.
Sources: Trump and Cassidy had testy exchange
President Trump had a testy meeting with Republican senators focused mostly on the Iran war, sources say. CBS News' Taurean Small and Nikole Killion have the latest.