Gun sales on pace for record year
Pandemic, mass shootings, concern over gun legislation all playing roles.
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Pandemic, mass shootings, concern over gun legislation all playing roles.
Average refund is almost $3,000, but more taxpayers are facing delays this year due to IRS staffing and tax changes.
The Department of Labor reports 473,000 Americans filed new jobless claims last week, down 34,000 from the previous week and the lowest number since the beginning of the pandemic. Lori Bettinger, president of BancAlliance and former director of the Obama administration's Troubled Asset Relief Program, joined CBSN to discuss what the numbers mean for the U.S. economy.
President Trump signed a bipartisan $900 billion COVID-19 economic relief package Sunday, ending a days-long standoff with Congress. The bill also includes $1.4 trillion in funding to avoid a government shutdown. CBS News' Debra Alfarone joins CBSN AM with the latest.
The IRS is holding 29 million tax returns for manual processing, delaying tax refunds for many Americans, according to the National Taxpayer Advocate Service, an independent arm of the tax agency that looks out for consumers' interest. Some taxpayers are fretting on social media about weeks of waiting for their money. CBS News Moneywatch reporter Aimee Picchi joins CBSN AM to talk about the delays.
Officials say their next challenge is making sure low-income families know they are eligible.
Private debt collectors can claim all or part of your $1,400 check. Officials in N.J. and other states are blocking them from doing so.
The IRS warns some people might not get what they expect. Here's why supplemental stimulus payments may fall short.
About 30 million people who rely on Social Security have been angered by delays in the $1,400 checks.
A new report warns the backlog will have a "significant impact" on taxpayers.
"To me, 'shortly' is two to three days, not two weeks," one retiree said as he awaits the latest round of government cash.
After asking about the delay, lawmakers say the Social Security Administration sent payment data to the IRS on Thursday.
Tax agency says many payments will be sent in the mail. Some Social Security recipients say they're still waiting.
Many Americans are planning to their new $1,400 stimulus checks in the stock market. Companies like Amazon, GameStop, and AMC Entertainment may start seeing a boost over the next few weeks, but some finance experts are concerned. CBS MoneyWatch senior reporter Stephen Gandel joins CBSN's Elaine Quijano to break it all down.
About 4 in 10 adults are living on less income than a year ago, with many planning to use the payment to pay off debt.
At least one legendary investor, though, says stimulus checks flowing into the market will lead to a "spectacular bust."
This week's jobs report shows a jump in new unemployment claims after several months of decline. Bankrate senior economic analyst Mark Hamrick joins CBSN to explain the latest spike and how President Biden's stimulus package may reverse the trend.
Banks say they won't have the money until Wednesday, although the IRS began sending the funds over the weekend.
Washington Post economics correspondent Heather Long joins CBSN's "Red & Blue" anchor Elaine Quijano to explain why millions of people who filed their taxes early are still waiting for their refunds, and how stimulus payments might be causing a delay. The IRS is delaying this year's deadline to May 17.
The $1,400 stimulus checks are already hitting people's bank accounts. But some may be in for a longer wait or get less than they should.
President Joe Biden and Vice President Kamala Harris are traveling the country to highlight how their $1.9 trillion dollar COVID relief plan will benefit small businesses. CBS News senior White House correspondent Weijia Jiang joins CBSN with more on that, plus how the administration is responding to the surge of migrant children at the southern border and the disturbing wave of attacks on Asian Americans.
President Biden is traveling to Pennsylvania to promote the benefits of his recently signed COVID-19 relief plan. Weijia Jiang speaks with two families waiting to receive stimulus checks about whether they'll use them to stimulate the economy or pay off expenses.
President Biden visited Pennsylvania to promote his COVID-19 relief bill that sends $1,400 checks to eligible Americans. The bill also helps fund vaccination centers in underserved communities. Ed O'Keefe has more.
The IRS is now starting to distribute the third round of stimulus checks, worth up to $1,400 per eligible adult and child. But the timing of getting a check may depend partly on a bank's policies, with some customers of JPMorgan Chase and Wells Fargo expressing frustration after the banks said the coronavirus relief payments won't be available until March 17. CBS Los Angeles reports.
President Biden will be criss-crossing the country this week to promote the benefits of the American Rescue Plan, as direct checks start to arrive for millions of Americans. National Economic Council deputy director Bharat Ramamurti joined CBSN's Tanya Rivero to discuss the impact the legislation will have on the economy.
Trump threatened Tehran with "decapitation" Monday, as a cargo ship in the Strait of Hormuz was "hit by an unknown projectile," authorities say.
"She folded like an umbrella," President Trump said of Jeanine Pirro, U.S. Attorney for the District of Columbia.
The Justice Department argued that the Jan. 6, 2021, rioters had until Jan. 6, 2023, to sue the federal government under the Federal Tort Claims Act, missing the deadline to file a lawsuit by over two years.
Voters are going to the polls Tuesday in five states: Michigan, Virginia, Missouri, Kansas and Washington.
More than 700 buildings in the Spokane area have been destroyed and 400 more haven't been assessed, officials said as three fires burned in the area and an arrest was made in connection with one of them.
Ohio Rep. Max Miller's reelection campaign has been upended by allegations that Miller assaulted his ex-wife, Emily Moreno, and their 2-year-old daughter.
Michigan Rep. Haley Stevens, one of two Democrats in the primary for her party's Senate nomination, stands firm on backing U.S. military aid to Israel and claims opponent Abdul El-Sayed "equivocates" on the issue.
Since Friday, D.C. U.S. Attorney Jeanine Pirro's office has dropped charges against three more people accused of vandalism.
The suspect, identified as 24-year-old Chad Williams, died from a self-inflicted gunshot wound, police said.
Voters are going to the polls Tuesday in five states: Michigan, Virginia, Missouri, Kansas and Washington.
Ohio Rep. Max Miller's reelection campaign has been upended by allegations that Miller assaulted his ex-wife, Emily Moreno, and their 2-year-old daughter.
Since Friday, D.C. U.S. Attorney Jeanine Pirro's office has dropped charges against three more people accused of vandalism.
More than 700 buildings in the Spokane area have been destroyed and 400 more haven't been assessed, officials said as three fires burned in the area and an arrest was made in connection with one of them.
The Justice Department argued that the Jan. 6, 2021, rioters had until Jan. 6, 2023, to sue the federal government under the Federal Tort Claims Act, missing the deadline to file a lawsuit by over two years.
New U.S. tariffs are hurting consumers and businesses, California's attorney general said in filing suit to block levies on 60 countries.
President Trump said U.S. oil companies made "too much money" from high oil prices. "I'm not happy about it," he added.
SpaceX will release its first earnings report as a public company on Tuesday in a key test for the company's stuttering stock price.
JPMorgan Chase said the investment will include financing for 1 million affordable housing units and assistance to 500,000 people in buying homes.
Nearly two-thirds of current and retired U.S. government workers said they wouldn't re-enter public service, according to a recent survey.
Michigan Rep. Haley Stevens, one of two Democrats in the primary for her party's Senate nomination, stands firm on backing U.S. military aid to Israel and claims opponent Abdul El-Sayed "equivocates" on the issue.
Voters are going to the polls Tuesday in five states: Michigan, Virginia, Missouri, Kansas and Washington.
Ohio Rep. Max Miller's reelection campaign has been upended by allegations that Miller assaulted his ex-wife, Emily Moreno, and their 2-year-old daughter.
Since Friday, D.C. U.S. Attorney Jeanine Pirro's office has dropped charges against three more people accused of vandalism.
The Justice Department argued that the Jan. 6, 2021, rioters had until Jan. 6, 2023, to sue the federal government under the Federal Tort Claims Act, missing the deadline to file a lawsuit by over two years.
Two people have died of cyclosporiasis in Michigan, officials said Monday, as the state battles the worst outbreak of the disease in the country. Carter Evans has the details.
Two Michigan residents who had "significant underlying health conditions" have died after contracting cyclosporiasis, the Michigan Department of Health and Human Services said.
Rising premiums forced many people in Affordable Care Act plans to give up their coverage. But the Trump administration claims a huge drop in enrollment is almost entirely due to its fraud crackdown.
Megan Kaverman's weight gain, fatigue, high blood pressure and other symptoms were dismissed for years before she was diagnosed with a rare heart disease.
A federal judge sentenced the owner of a peptide company to nearly 6 years in prison for deceiving customers and selling products adulterated with steroids, citing a "trail of harm." Adam Yamaguchi reports.
Ten of the 16 lions in Tama Zoological Park have suffered symptoms such as "loss of appetite and decreased activity" since mid-July, and three lionesses died, the zoo said.
Ukraine has conducted long-range strikes targeting civilian infrastructure in Russia, and in recent weeks stepped up attacks on warehouses belonging to the Russian e-commerce giant Wildberries.
At least two adults and four children were killed in the strike but the death toll could be higher as all the remains have not yet been formally identified.
It is believed that 30 to 40% of the 50 remains so far discovered at the site were children.
Morocco is blaming a massive surge of migrants into Ceuta on various factors, including "malicious exploitation of digital platforms" and the spread of misleading information.
"Spider-Man: Brand New Day" leapt straight to the top of the box office this weekend. Its $360 million opening weekend debut is the biggest in U.S. history. Marlow Stern, chief correspondent at Variety, joins CBS News to discuss all the latest movie news.
A social media trend encouraging users to share what they love about their favorite person is bringing light to TikTok and other platforms.
A representative for pop star Ariana Grande says the singer is planning to step out of the public eye after wrapping her ongoing Eternal Sunshine Tour amid "endless, ongoing public scrutiny." Grande has also dropped out of the London-based musical "Sunday in the Park with George," which is set to open next year.
At the box office, "Spider-Man: Brand New Day" swung to a massive $360 million in its domestic debut, making it the biggest opening weekend ever. Brooks Barnes, chief Hollywood correspondent for The New York Times, joins to discuss.
Designer John Galliano is known for his theatrical and dramatic designs, but his legacy is also marked by antisemitic and racist comments.
The order asks AI companies to share previews of powerful new models with the government before they are released to the public.
Lauryn Williams, the deputy director and senior fellow of the Strategic Technologies Program at the Center for Strategic and International Studies, joins to discuss the U.S. probe into Iran possibly targeting water systems in Michigan and Minnesota.
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.
An artificial intelligence model that was being tested by OpenAI went rogue and hacked the firm Hugging Face on its own, in what Hugging Face CEO Clément Delangue called a "very weird and unprecedented" incident.
ChatGPT maker OpenAI revealed that its technology hacked into another AI company on its own during internal testing. Hugging Face CEO Clement Delangue, whose company was hacked, described the "very weird and unprecedented" incident in an interview on "Face the Nation with Margaret Brennan" -- and offered suggestions on how future incidents could be prevented.
The footage is believed to be only the fourth complete humpback whale birth ever recorded on film anywhere in the world and the first-ever captured by drone.
A photographer operating a drone off the coast of Australia captured a humpback whale giving birth. It's believed to be the first time such a birth has been recorded by a drone.
Science shows us that, even though plants don't have brains, they seem to have a nervous system that responds to touch in remarkable ways. Robert Krulwich and puppeteer Barnaby Dixon explore the science of thigmomorphogenesis (the phenomenon of plants reacting to outside stimulae), a discussion that plants the seeds for a song.
Nearly 30 beluga whales were sent to aquariums across the U.S. in a multinational emergency operation after their home aquarium in Canada shuttered. Jared Ochacher reports.
Elon Musk's aerospace company, SpaceX, launched its massive Starship rocket in its first test flight since the company went public. Since achieving the largest IPO in history, SpaceX's stock has dropped drastically. Mark Strassmann takes a look.
Pima County Sheriff Chris Nanos told CBS News last Thursday that he didn't have a ransom note saying Nancy Guthrie was dead. But one day later he released a note saying just that. CBS News' Anna Schecter reports.
New information is coming out about the shooting at an In-N-Out restaurant in Idaho that killed three people over the weekend. CBS News' Lilia Luciano reports.
Investigators in the disappearance of Nancy Guthrie released two ransom notes, including one contradicting what the Arizona sheriff overseeing the case told CBS News.
Six months after Nancy Guthrie went missing, the Pima County, Arizona, sheriff has released two ransom notes, including one that claims Guthrie died "shortly after she was taken." Jonathan Vigliotti reports.
Officials say three people were killed and seven were injured in a shooting at an In-N-Out in Idaho over the weekend. Officials believe the shooter acted alone and are investigating possible motives. Lilia Luciano reports.
The Soyuz MS-28 landing in Kazakhstan brought a 241-day stay in space to a successful conclusion.
An upgraded version of the world's most powerful rocket is key to landing NASA astronauts on the moon in the agency's Artemis program.
When scientists examined the preserved fragments of a meteorite that crashed in 2024, they found brine-like fluids and key molecules.
The new crew will replace three other Soyuz fliers wrapping up a 240-day stay aboard the International Space Station.
The sugar, called erythrulose, lurks in what's called the interstellar medium: thin clouds of gas and dust littered between stars.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
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.
Sylvie Cachay was found dead in an overflowing bathtub at the exclusive Soho House in New York City on Dec. 9, 2010. A water leak at the hotel gave away a timeline that may have revealed her killer.
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
A growing number of young Americans no longer believe that ambition and hard work lead to success. Jill Schlesinger, Mark Talercio, and special guest host Kayla Sabbagh of Greenspring Advisors explain why that mindset can become a self-fulfilling prophecy and why believing you have agency over your future is essential to both your financial success and your mental health. Plus: they respond to a fiery YouTube comment about inheritance, family expectations, and leaving your money to charity.
"Spider-Man: Brand New Day" leapt straight to the top of the box office this weekend. Its $360 million opening weekend debut is the biggest in U.S. history. Marlow Stern, chief correspondent at Variety, joins CBS News to discuss all the latest movie news.
According to the National Active and Retired Federal Employees Association, 64% of workers say it's unlikely they would choose a federal career again. CBS News MoneyWatch reporter Megan Cerullo has more.
Three people were killed by a 24-year-old gunman at an In-N-Out in Twin Falls, Idaho, on Saturday. Lilia Luciano breaks down what we know.
Matt Shumer, CBS News AI contributor, shares his thoughts on last month's incident where a rogue OpenAI model that was being tested hacked an outside company's data processing system.