CBS Weekend News, November 15, 2020
SpaceX sends first team of astronauts to space; National Museum of the United States Army opens in Virginia
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SpaceX sends first team of astronauts to space; National Museum of the United States Army opens in Virginia
In his last press conference as Federal Reserve chairman, Ben Bernanke said the Fed will continue to stimulate the economy, but will cut bond purchases by $10 billion in January; and, Snowball Express, named for an old Disney movie, brings a weekend of fun to kids who have lost a parent to war. The non-profit organization gives children -- and parents -- an opportunity to spend time with people who understand what they've gone through.
President Biden signed a sweeping bipartisan infrastructure bill into law. It's the largest investment in America's roads, bridges, ports, and broadband internet in decades. Nancy Cordes has the details.
The central bank said it will start reducing its $120 billion in monthly bond purchases in the coming weeks.
As questions abound in Washington about the president's executive actions signed this weekend, Major Garrett explains the impact they could have on millions of Americans financially struggling during the coronavirus pandemic. He also weighs in on questions over their constitutionality and whether the orders could force Congress to compromise on a stimulus bill.
The latest from around Capitol Hill; Dr. Fauci to throw out first pitch on Opening Day
Although nearly 1.7 million PPP loans have been approved so far, a survey found that 80% of small businesses are either still waiting to receive their money or have not heard about their application at all. Four major banks are facing lawsuits alleging they prioritize bigger customers, which are now receiving backlash themselves for receiving stimulus money while smaller, independent businesses did not make the cut. Nancy Cordes hears from small business owners who are struggling with the loan program.
The fate of two massive spending bills remains uncertain as disagreements within the Democratic Party could threaten to upend President Biden's economic agenda. All this comes as a deadline to fund the federal government is fast approaching. Natalie Brand reports.
President Biden’s domestic agenda faces challenges as progressive House Democrats demand a larger bill dedicated to Democratic priorities before signing off on a bipartisans infrastructure bill. Senate Republicans and moderate Democrats meanwhile, are challenging the larger bill. Christina Ruffini has more.
Congress is running out of time to reach a deal on spending to avoid a government shutdown. Democrats and Republicans are also in disagreement over whether to raise the debt ceiling. Nikole Killion has the details.
Wall Street had its worst day since May amid fears that a Chinese real estate company could default, and that the Federal Reserve could begin ending stimulus measures it enacted during the pandemic.
More than 400 economists say that making the expanded federal benefit permanent would benefit families.
More than 25 million Americans are in line to receive state-issued payments via tax rebates and stimulus aid.
Several federal pandemic relief programs are set to expire soon, including the nationwide ban on evictions, which will end July 31. Joe Minarik, is the director of research for the Committee for Economic Development, joined CBSN's Lana Zak to discuss.
Another 2.2 million payments are landing in bank accounts and mailboxes, with some people getting "plus-up" payments.
IRS sending payments of up to $300 per child as part of the government's efforts to "supersize" stimulus aid.
Some people may qualify for more stimulus cash than they realize, while other programs can offer surprise benefits.
The tax agency faced a "challenging" year, leading to a growing backlog of tax returns, the taxpayer advocate says.
The expanded tax credit isn't available to all parents, and some recipients may be asked to repay the IRS next year.
The GOP-led states say the benefits aren't needed. But some out-of-work people say they are still struggling.
The IRS has started sending letters to households who may qualify for monthly payments of up to $300 per child.
Revoking a controversial business tax break would free up $5 billion for child care, according to the bipartisan effort.
IRS said it delivered some 165 million payments worth about $388B, with an additional 1 million arriving this week.
Just $8 billion remains in the program, earmarked for companies headed by women or minorities.
The Treasury secretary's remarks come as the president is pushing two proposals totaling $4 trillion.
Federal prosecutors on Thursday presented an indictment of New York Attorney General Letitia James to a grand jury in Norfolk, Virginia.
Texas approved a new congressional map this summer after Trump urged state GOP lawmakers to craft new House district lines to help Republicans hold onto their majority in the 2026 midterms.
"What I saw in that room was one of the most troubling things I've seen in my time in public service," Democratic Rep. Jim Himes said.
Authorities say the FBI has arrested a man suspected of placing pipe bombs outside RNC and DNC headquarters on the eve of the Jan. 6, 2021, Capitol riot.
President Trump suggested Americans won't have to pay personal income taxes "in the not-too-distant future" because of rising U.S. tariffs.
The Trump administration said it would reduce the period of time that work permits are valid for refugees, asylees and other immigrants granted legal protections in the U.S.
The current architect, with whom President Trump has some disagreements, will remain on the White House ballroom team, sources said.
ICE began enhanced operations in the Minneapolis-St. Paul area this week, as President Trump rails against Somali people in Minnesota.
A U.S. District Court decision to end the deployment of National Guard members to Washington, D.C., is now on hold.
A U.S. District Court decision to end the deployment of National Guard members to Washington, D.C., is now on hold.
At least 87 people have been killed since the vessel strikes began in early September.
Federal prosecutors on Thursday presented an indictment of New York Attorney General Letitia James to a grand jury in Norfolk, Virginia.
Texas approved a new congressional map this summer after Trump urged state GOP lawmakers to craft new House district lines to help Republicans hold onto their majority in the 2026 midterms.
A look at the features for this week's broadcast of the Emmy-winning program, hosted by Jane Pauley.
Rents in the 50 largest cities have surged by hundreds of dollars per month over the last five years, a LendingTree analysis found.
Job cuts so far this year are at their highest levels since 2020, new report says.
President Trump suggested Americans won't have to pay personal income taxes "in the not-too-distant future" because of rising U.S. tariffs.
The Trump administration proposed rules that would weaken fuel economy standards for vehicles set under President Biden in 2024.
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.
As intrigue grows over whether Texas Democratic Rep. Jasmine Crockett plans to announce a U.S. Senate campaign next week, she confirmed to CBS News she's spoken with would-be opponents.
A U.S. District Court decision to end the deployment of National Guard members to Washington, D.C., is now on hold.
Investigations released by the Navy into accidents involving the Truman Carrier Strike Group recommended ensuring processes are followed even when faced with adversity.
At least 87 people have been killed since the vessel strikes began in early September.
ICE began enhanced operations in the Minneapolis-St. Paul area this week, as President Trump rails against Somali people in Minnesota.
A clinical study into weight loss drugs for pets just launched, with results from the trial expected by next summer.
The CDC's vaccine advisory panel meets Thursday and Friday to discuss recommendations for the hepatitis B vaccine and the schedule of childhood shots.
The former officials said the FDA's plans to revamp how certain life-saving vaccines are handled would "disadvantage the people the FDA exists to protect, including millions of Americans at high risk from serious infections."
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.
The holiday season can be a wonderful, but also stressful time – filled with unrealistic expectations. A recent poll found 41% of adults anticipate more holiday stress this year. Psychiatrist Dr. Sue Varma has tips to unwind during the holidays.
Investigations released by the Navy into accidents involving the Truman Carrier Strike Group recommended ensuring processes are followed even when faced with adversity.
At least 87 people have been killed since the vessel strikes began in early September.
The United Kingdom and Norway have signed a pact to create a naval alliance in the North Atlantic, aimed at protecting undersea cables and hunting Russian submarines.
The facility teaches both civilians and military personnel the skills to fly drones and hit targets.
"What I saw in that room was one of the most troubling things I've seen in my time in public service," Democratic Rep. Jim Himes said.
Lucy Liu talks about starring in and producing the movie "Rosemead," why she says the story resonates universally and reflecting on personal experiences for the film.
Steve Cropper co-wrote several classics, including "(Sittin' on) the Dock of the Bay," "Green Onions" and "In the Midnight Hour."
Grammy winning DJ and producer Kaytranada has become one of the most influential voices in dance and electronic music, and has collaborated with top artists. He spoke with "CBS Mornings" about his latest album, touring and his journey in music.
Actor and comedian Richie Moriarty talks with "CBS Mornings" about the fifth season of the comedy series "Ghosts," what's next for his character and how the cast has bonded.
For more than a century, the pages of Architectural Digest magazine have captured not only timeless designs but also the spirit of their subjects' homes. Their distillation of private spaces is featured in a new book, "AD at Home: Architectural Digest." Serena Altschul talks with editor Amy Astley about the magazine's treatments; and with actor Liev Schreiber and designer Marc Jacobs about what it means to open up one's living space to the magazine's photographers.
Leaders in the robotics industry say that to strengthen AI, companies also need a plan for robots. The White House appears to be listening. Yasmin Khorram, economic policy reporter for Politico, joins CBS News to discuss her article on the topic.
Google has released its list of the 2025 top search trends. Robert Ferrera, a Google Trends expert, joins CBS News with more.
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.
India's government, amid an uproar over privacy, has revoked an order quietly issued to smartphone makers to pre-install a state-run security app.
OpenAI has declared a "code red" as Google threatens to unseat the AI industry's early leader, according to the Wall Street Journal. Technology journalist Jacob Ward joins CBS News to discuss.
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.
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.
Ant colonies act as one "super-organism" which works to ensure the survival of all, according to a team of scientists.
The discovery could cast some doubt on the status of Lucy's species as the direct ancestor of Homo sapiens.
Wolf DNA seems to have influenced the size, smelling power and even personality of modern dog breeds, scientists said.
Newly unsealed evidence sheds light on Luigi Mangione's arrest at a Pennsylvania McDonald's. CBS News legal reporter Katrina Kaufman has the details.
Luigi Mangione's pretrial hearing continued on Thursday, one year after UnitedHealthcare CEO Brian Thompson was killed. CBS News legal reporter Katrina Kaufman has more.
A suspect is in custody nearly five years after two pipe bombs were planted in Washington, D.C., the night before the Jan. 6 Capitol riot. Attorney General Pam Bondi said 30-year-old Brian Cole Jr. was arrested in Virginia on Thursday morning. CBS News' Anna Schecter has more.
Federal authorities on Thursday arrested a suspect in the case of two pipe bombs placed outside the Democratic and Republican National Committee headquarters the night before the Jan. 6th Capitol riot. CBS News senior White House reporter Jennifer Jacobs has the details.
Luigi Mangione's pretrial hearing continued Thursday in New York. CBS News' Anna Schecter has the details.
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.
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.
Solar flares and other activity can disrupt radio communications, power grids and navigation signals, according to NASA.
Researchers have documented 55 instances of "mini lightning" over two Martian years by eavesdropping on the whirling wind recorded by NASA's Perseverance rover.
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.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
A retrospective look at the actor, director, producer, and founder of the Sundance Institute.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
On the one-year mark of the fatal shooting of UnitedHealthcare CEO Brian Thompson on a New York City sidewalk, a hearing was held to determine what evidence is admissible in the trial of his accused killer, Luigi Mangione. Alice Gainer reports.
A northern Virginia man was arrested and accused of placing two pipe bombs outside the Democratic National Committee and Republican National Committee headquarters on the eve of the Capitol riot on Jan. 6, 2021. Scott MacFarlane has details.
An early season Arctic blast sent shivers through the Midwest and Northeast as temperatures tumbled far below normal. Lana Zak reports and Lonnie Quinn has the forecast.
For most of his life, Ed Bambas worked toward his American dream. But in 2019, at 82, he found himself doing what most retirees never imagine: going back to work. That was, until a stranger approached him with a question. Tom Hanson has the story.
President Trump and first lady Melania Trump lit the national Christmas tree on Thursday. Melania's White House Christmas theme this year is "Home Is Where the Heart Is." White House expert Jennifer Pickens joins CBS News to discuss.