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.
Live
U.S. launches another night of strikes as battle continues over Strait of Hormuz
Iran said it would attack "all infrastructure in the region" if President Trump follows through on his threats to attack Iranian civilian infrastructure.
Maps show wildfire smoke forecast, air quality alerts in swath of U.S.
Heavy smoke from several large wildfires blazing in Canada and Minnesota is engulfing large swaths of the Midwest and Northeast U.S. this week.
Trump fires U.S. attorney in Washington on heels of court appointment
Judges on the U.S. District Court for the Western District of Washington had appointed Roger Rogoff as U.S. attorney in Seattle. But he was fired shortly after.
Tillis says he won't support Blanche unless he meets with Epstein survivors
Sen. Thom Tillis said that Todd Blanche must meet with survivors of convicted sex offender Jeffrey Epstein's crimes before he'll vote to advance his nomination for attorney general out of the Senate Judiciary Committee.
Mayor to homeowner losing sleep over data center plant: "Consider selling"
Noise from a Mississippi plant powering Elon Musk's xAI data centers in the area is causing migraines, ringing ears and sleepless nights, residents say.
Dozens rescued in Texas after torrential rain triggers flash flooding
More than a foot of rain has fallen since Monday, triggering dangerous flash flooding in central Texas.
Deadly helicopter crash in Hudson River likely caused by bird strike, NTSB says
A family of five from Spain, including three children, and the pilot died in the April 2025 crash.
Doctors question plan to screen military members for low testosterone
Doctors raised a range of concerns about a testosterone screening policy announced by Defense Secretary Pete Hegseth, which is likely to be costly to implement.
Teleprompter operator made nearly $100K betting on Trump speeches
After detecting suspicious activity on the teleprompter operator's account, Kalshi investigated and then referred the case to federal regulators.
U.S.
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Doctors question plan to screen military members for low testosterone
Doctors raised a range of concerns about a testosterone screening policy announced by Defense Secretary Pete Hegseth, which is likely to be costly to implement.
Airlines say permanent daylight saving time won't be simple
Adjusting to permanent daylight saving time would cause significant disruptions to schedules and operations, an airline trade group said.
Deadly helicopter crash in Hudson River likely caused by bird strike, NTSB says
A family of five from Spain, including three children, and the pilot died in the April 2025 crash.
Teleprompter operator made nearly $100K betting on Trump speeches
After detecting suspicious activity on the teleprompter operator's account, Kalshi investigated and then referred the case to federal regulators.
Tillis says he won't support Blanche unless he meets with Epstein survivors
Sen. Thom Tillis said that Todd Blanche must meet with survivors of convicted sex offender Jeffrey Epstein's crimes before he'll vote to advance his nomination for attorney general out of the Senate Judiciary Committee.
MoneyWatch
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Trump Media to sell faster access to president's Truth Social posts
"Markets already move on Truth Social posts," the company's chief executive said in the Truth API announcement.
Airlines say permanent daylight saving time won't be simple
Adjusting to permanent daylight saving time would cause significant disruptions to schedules and operations, an airline trade group said.
Teleprompter operator made nearly $100K betting on Trump speeches
After detecting suspicious activity on the teleprompter operator's account, Kalshi investigated and then referred the case to federal regulators.
Nearly 736,000 Pillsbury rolls recalled over possible glass contamination
The recall includes cases of Pillsbury "Hard Roll Dough" and "Kaiser Roll Dough" bread rolls, which are marketed to businesses.
Foreclosures surged 21% in the first half of 2026, new data shows
The state with the biggest jump in foreclosure activity was Idaho, where filings increased 59% compared to the same time last year.
Politics
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Trump Media to sell faster access to president's Truth Social posts
"Markets already move on Truth Social posts," the company's chief executive said in the Truth API announcement.
Tillis says he won't support Blanche unless he meets with Epstein survivors
Sen. Thom Tillis said that Todd Blanche must meet with survivors of convicted sex offender Jeffrey Epstein's crimes before he'll vote to advance his nomination for attorney general out of the Senate Judiciary Committee.
Husband of Code Pink founder being probed under federal foreign agent and tax laws
Neville Roy Singham, who lives in Shanghai, China, is a major financial backer of a New York City-based nonprofit called the People's Forum, a left-leaning organization advocating for causes affecting the working class.
Trump fires U.S. attorney in Washington on heels of court appointment
Judges on the U.S. District Court for the Western District of Washington had appointed Roger Rogoff as U.S. attorney in Seattle. But he was fired shortly after.
George Santos to try hand as contestant in grueling TV reality show
George Santos has worn many hats: swindler, congressman, prison inmate, podcast host. The obvious next gig? Reality TV show contestant.
HealthWatch
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Doctors question plan to screen military members for low testosterone
Doctors raised a range of concerns about a testosterone screening policy announced by Defense Secretary Pete Hegseth, which is likely to be costly to implement.
Introducing Norah O'Donnell's new health podcast
"Healthful with Norah O'Donnell" launches July 22.
Alzheimer's blood test may show who's likely to develop it in 5 to 10 years
A blood test may predict if apparently healthy older adults are likely to develop Alzheimer's symptoms in the next five or 10 years, researchers say.
Taco Bell removes some items amid outbreak
As of Tuesday, nearly 7,000 people in 34 states reported symptoms tied to a parasitic illness that, so far, has no official source. Carter Evans reports on what's suspected of being behind the cyclosporiasis outbreak.
Cyclospora outbreak leaves consumers guessing which foods are safe
Officials are still searching for the source of the outbreak, prompting consumers to seek advice on social media about which foods to avoid.
World
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U.S. designates cartel on Texas border as foreign terrorist organization
The Juárez Cartel and Los Viagras joined six other Mexican criminal organizations that the U.S. considers terrorist groups.
Climate extremes fuel explosive wildfires in Canada and western U.S.
One climatologist said "a perfect storm" of climate extremes primed the western U.S. for one of its worst fire seasons in a decade. Meanwhile, Canadian wildfire smoke fills the air.
Councilwoman shot, husband killed in Mexico near U.S. border
Maria de Jesus Quijada was shot at while traveling in a vehicle with her family. Her husband did not survive.
From Balogun's red card to an upset run, some of the World Cup's biggest stories
Spain is looking to secure a World Cup victory for the first time in 16 years, and Argentina enters Sunday hoping to become back-to-back champions.
Zelenskyy's move to oust popular defense chief draws major backlash
Ukrainians are demonstrating in Kyiv and senior figures announcing their resignations over President Volodymyr Zelenksyy's move to oust his popular defense chief.
Entertainment
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Entertainment
From the archives: Pat Oliphant and the art of political cartoons
Pulitzer Prize-winning cartoonist Pat Oliphant, whose acidic drawings skewering political figures were syndicated in as many as 500 publications around the world, died on July 13, 2026 at age 90. In this April 16, 2000 "Sunday Morning" story, Oliphant talked with Morley Safer about caricature, censorship, and the influence of the first great political cartoonist, 19th century French master Honoré Daumier, whose grotesque drawings of King Louis Philippe led to a curtailment of press freedom in France in 1835.
George Santos to try hand as contestant in grueling TV reality show
George Santos has worn many hats: swindler, congressman, prison inmate, podcast host. The obvious next gig? Reality TV show contestant.
"Jurassic Park" star Sam Neill's cause of death revealed
The actor's agent said he was providing more information following news reports "which contain inaccuracies and outright falsehoods."
Behind the "Better in Person" talk show
Author and journalist Stephen Dubner, who rose to fame when he co-wrote The New York Times bestseller "Freakonomics," talks with "CBS Mornings" about launching his own weekly talk show on YouTube, "Better in Person." Dubner discusses how the show got its start, his wide range of guests and why he decided to self-finance it.
Insider at "The Wolf of Wall Street" firm opens up: "My lifestyle was insane"
The Paramount+ documentary "The Real Wolf of Wall Street" gives an inside look at Jordan Belfort's scandal-ridden firm, Stratton Oakmont.
Technology
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Mayor to homeowner losing sleep over data center plant: "Consider selling"
Noise from a Mississippi plant powering Elon Musk's xAI data centers in the area is causing migraines, ringing ears and sleepless nights, residents say.
Mississippi residents decry data center plant
Residents of Southaven, Mississippi, are sounding off about a data center plant powering Elon Musk's xAI data centers in the area, likening the constant noise to being tortured.
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.
Meta announces new safety features
Meta announced it is introducing new features to help protect teens using Instagram, Facebook and WhatsApp, including alerting a parent if their child discusses self-harm with one of its AI chatbots. Kelly O'Grady explains.
Samsung set to unveil new foldable phones
Tech giant Samsung is set to debut a new line of foldable phones at its Galaxy Unpacked event next week. CNET senior technology reporter Abrar Al-Heeti joins CBS News to discuss.
Science
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Science
How AI data centers impact the environment
New York has become the first state to impose a temporary moratorium on data center development while state lawmakers lay the groundwork to assess environmental and social impacts. Dr. Mike Weinstein, the director of sustainability at Southern New Hampshire University, explains what we know about the wider environmental impact data centers.
Russian Soyuz rocket launches fresh crew to space station
The new crew will replace three other Soyuz fliers wrapping up a 240-day stay aboard the International Space Station.
Astronomer's name deciphered from ancient Mayan ruins for first time
The name "White-chested Fox" was found in drawings dating from 400 BC to 900 AD at the San Bartolo-Xultun archaeological site.
Disclosure Foundation head on new UFO files
The Pentagon on Friday released a new batch of UFO files, spanning 19 videos and more. Jordan Flowers, executive director of the Disclosure Foundation, joins CBS News to discuss.
Watch: Pentagon releases 19 new UFO videos
The Defense Department released a fourth batch of UFO files on Friday, nearly one month after its third drop. These are all of the videos in the latest tranche, plus analysis from astrophysicist Avi Loeb.
Crime
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U.S. designates cartel on Texas border as foreign terrorist organization
The Juárez Cartel and Los Viagras joined six other Mexican criminal organizations that the U.S. considers terrorist groups.
Woman speaks in support of Blanche at hearing
Antioch, Illinois, mother Jennifer Bos voiced her support for Todd Blanche at his confirmation hearing to become attorney general. Bos advocates for stricter immigration policy after her daughter was allegedly murdered by an illegal immigrant.
Sons of man killed by ICE agent speak out
Ronaldo Salgado and Lorenzo Salgado Jr., the sons of the Mexican man who was shot and killed by an ICE agent in Houston, spoke to CBS News' Camilo Montoya-Galvez about their father's death.
New details emerge in Nolan Wells case
Newly obtained GPS data from the Mississippi Department of Marine Resources tracks the movements of the boat that Mississippi teen Nolan Wells was on before he went missing. Wells was found dead after a Fourth of July boat trip to Horn Island with friends. CBS News' Anna Schecter has the latest on the investigation.
Councilwoman shot, husband killed in Mexico near U.S. border
Maria de Jesus Quijada was shot at while traveling in a vehicle with her family. Her husband did not survive.
Space
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Meteorite that hit home contains "alien world chemistry," experts say
When scientists examined the preserved fragments of a meteorite that crashed in 2024, they found brine-like fluids and key molecules.
Russian Soyuz rocket launches fresh crew to space station
The new crew will replace three other Soyuz fliers wrapping up a 240-day stay aboard the International Space Station.
Astronomers discover sugar in space that's also found in raspberries
The sugar, called erythrulose, lurks in what's called the interstellar medium: thin clouds of gas and dust littered between stars.
Telescope spots most distant quasars ever discovered
Quasars — the brightest objects in the universe — are powered by supermassive black holes at the heart of early galaxies.
Mission launched to rescue a falling space telescope
Katalyst Space's LINK spacecraft is designed to capture and boost NASA's Swift observatory back to a safe altitude.
Latest Galleries
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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.
Photos show 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.
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.
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?
Timeline: The disappearance of George Smith
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Latest CBS News Videos
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Latest CBS News Videos
Leavitt claims Trump's address "will shock you"
President Trump will allege Chinese meddling in U.S. elections during his primetime speech on Thursday night, sources say. CBS News White House reporter Olivia Rinaldi has the latest.
Wildfires bring poor air quality to U.S.
Wildfires in Ontario, Canada, and northern Minnesota are bringing dark skies and poor air quality across large swaths of the United States. CBS News' Elijah Westbrook reports from New York City, Darius Johnson reports from Chicago and meteorologist Jessica Burch has a look at when the smoke might dissipate.
Torrential rains slam Central Texas
Dozens of people have been rescued as water levels rise in Central Texas amid torrential rainfall. CBS News correspondent Jason Allen reports from the flood zone.
Takeaways from day 2 of Blanche confirmation
CBS News senior justice department reporter Sarah Lynch breaks down the highlights from day two of Todd Blanche's Senate confirmation hearings for attorney general.
Watch: Leavitt takes questions on Trump's speech
White House press secretary Karoline Leavitt spoke to reporters Thursday about President Trump's upcoming primetime speech, the latest strikes against Iran and more.