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.
Prospects for a U.S.-Iran deal seem to dim as the war between Israel and Hezbollah grinds on despite Trump saying they agreed to stop fighting.
CBS News projects that incumbent Mayor Karen Bass will advance to the November election, while her opponents, Councilmember Nithya Raman and political newcomer Spencer Pratt, compete for the final spot.
The Trump administration has unveiled proposed tariffs of 10% or more on dozens of countries accused of failing to crack down on forced labor, including some of the U.S.'s largest trading partners.
About a month after ejecting during the friendly-fire incident, the pilot was on a mission over Iran when his jet was hit by a surface-to-air missile, prompting a daring rescue operation.
The Supreme Court cleared the way for Alabama to use a House map that is more favorable to Republicans, despite a lower court finding that the plan intentionally discriminated against Black voters.
American military forces carried out strikes on Iranian targets after attempted Iranian drone and missile attacks, U.S. Central Command said Tuesday, in the latest clash.
"We are not moving forward with the fund. Period," Blanche told House lawmakers.
The superseding indictment does not contain any new charges or name new defendants from the original version, which was returned in April.
According to an official familiar with the investigation, new digital forensic evidence appears to undercut Brian Hooker's account of his wife's disappearance, although they did not specify how.
Come January, pregnancy care physician billing codes will change from a bundled system to an à la carte one.
CBS News has fired longtime "60 Minutes" correspondent and former "CBS Evening News" anchor Scott Pelley one day after he had a tense and confrontational exchange with new "60 Minutes" executive producer Nick Bilton.
The superseding indictment does not contain any new charges or name new defendants from the original version, which was returned in April.
Peabo Bryson, a two-time Grammy-winning singer and songwriter known for Disney movie hits "Beauty and the Beast" and "A Whole New World," has died at age 75.
According to an official familiar with the investigation, new digital forensic evidence appears to undercut Brian Hooker's account of his wife's disappearance, although they did not specify how.
The Trump administration has unveiled proposed tariffs of 10% or more on dozens of countries accused of failing to crack down on forced labor, including some of the U.S.'s largest trading partners.
"It will be a very long, multi-month to multi-year process for things to fully normalize," GasBuddy's Patrick De Haan said.
A Virginia man is suing Amazon over Ring's "Familiar Faces" feature, alleging the technology violates people's privacy.
Economists at the New York Federal Reserve say they've identified the main reason some recent college grads are having trouble landing a job.
Travel experts say to be prepared for potential disruptions as countries implement the new Entry/Exit System now in place across the EU and other countries.
Businessman and self-described outsider Toby Doeden will advance to a runoff for the GOP nomination for South Dakota governor, CBS News has projected, after a competitive and frequently contentious primary.
The Trump administration has unveiled proposed tariffs of 10% or more on dozens of countries accused of failing to crack down on forced labor, including some of the U.S.'s largest trading partners.
MAHA-aligned Republican Zach Lahn will face Democrat Rob Sand in this year's race for Iowa governor, setting up what could be an unusually competitive contest in a red-leaning state.
The superseding indictment does not contain any new charges or name new defendants from the original version, which was returned in April.
Iowa GOP Senate candidate Rep. Ashley Hinson acknowledged the U.S.-Iran conflict could become a "political liability" if it stretches beyond the next few weeks, according to audio obtained by CBS News.
Come January, pregnancy care physician billing codes will change from a bundled system to an à la carte one.
A flesh-eating New World screwworm was recently detected in Mexico just 25 miles from the United States border, according to the USDA.
While 330 Ebola infections are confirmed in central Africa and huge challenges remain, hundreds more suspected cases "have been cleared out," the WHO says.
A new drug was shown in trials to keep pancreatic cancer patients alive for twice as long as chemotherapy alone. Dr. Jon LaPook has more.
Sentri7, drug diversion software powered by artificial intelligence and used at hundreds of U.S. hospitals, did not catch a monthslong string of fentanyl thefts in Tennessee in 2025, according to a state document.
According to an official familiar with the investigation, new digital forensic evidence appears to undercut Brian Hooker's account of his wife's disappearance, although they did not specify how.
American military forces carried out strikes on Iranian targets after attempted Iranian drone and missile attacks, U.S. Central Command said Tuesday, in the latest clash.
The collection once belonged to the noble Beaufort-Spontin family, who were suspected of having collaborated with the Nazis.
While 330 Ebola infections are confirmed in central Africa and huge challenges remain, hundreds more suspected cases "have been cleared out," the WHO says.
The U.S. and British militaries say one American soldier and one British soldier died during a training exercise in Iraq.
The sci-fi horror flick "Backrooms" was the number one movie in the U.S. as of Tuesday. The filmmaker behind the movie, 20-year-old YouTuber Kane Parsons, is now the youngest director with a number one film globally. Brooks Barnes, The New York Times' chief Hollywood correspondent, joins "The Daily Report" to discuss.
Peabo Bryson, a two-time Grammy-winning singer and songwriter known for Disney movie hits "Beauty and the Beast" and "A Whole New World," has died at age 75.
Two indie horror films made by YouTubers, "Backrooms" and "Obsession," beat out Disney's latest "Star Wars" movie in the box office this weekend. Steven Zeitchik, senior editor for the Hollywood Reporter, joins CBS News to discuss.
Grammy Award winner P!nk is preparing to host the Tony Awards on Sunday on CBS. The singer speaks with "CBS Mornings" about what to expect and why she asked her daughter for permission before agreeing to host.
Monday marks 100 years since the birth of the iconic Hollywood actress Marilyn Monroe. On Aug. 10, 1962, six days after her death at the age of 36, CBS News aired a retrospective special about the legend's life, featuring interviews with friends, mentors and colleagues.
Developments in artificial intelligence are happening very quickly, and so are mass layoffs as corporations rapidly embrace the technology. But now some companies like Uber and Microsoft are starting to second-guess aggressive AI adoption. Reyhan Harmanci, director of features at Wired magazine, joins to discuss the state of AI in corporate America.
A Virginia man is suing Amazon over Ring's "Familiar Faces" feature, alleging the technology violates people's privacy.
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.
Florida has filed a civil suit against OpenAI and its CEO Sam Altman, accusing them of deceiving users. Jo Ling Kent explains.
Anthropic, the artificial intelligence company behind the chatbot Claude, has filed to go public, setting up one of the biggest initial public offerings in history. CBS News senior business and technology correspondent Jo Ling Kent has the details.
Days after a meteor exploded over New England, another fireball was spotted, visible in the Midwest to the Northeast. Rob Marciano has more.
A team of archaeologists at the iconic cathedral is digging straight down and back in time, to Roman Paris 2,000 years ago.
The FLEX Rover will be equipped to carry two astronauts and traverse hundreds of miles of lunar terrain.
The new species, named Microeledone galapagensis, has a blue hue, which is believed to be the rarest color in nature.
The Pentagon has released another batch of never-before-seen files on reported UFO sightings. CBS News senior national security correspondent Charlie D'Agata reports.
According to an official familiar with the investigation, new digital forensic evidence appears to undercut Brian Hooker's account of his wife's disappearance, although they did not specify how.
Police say a man with a bomb allegedly strapped to his chest took at least one hostage in a California Chase Bank on Tuesday. Carter Evans reports.
Police say a suspect has taken at least one hostage at a Chase Bank in Bakersfield, California. CBS News correspondent Carter Evans has the latest.
Federal authorities have arrested and charged four people with drug trafficking after a monthslong investigation uncovered what federal officials called a massive, 2,000-foot-long underground tunnel connecting Mexico to the U.S. CBS News' Shanelle Kaul has the details.
Four people were arrested and charged with trafficking more than $45 million in cocaine through the 2,000-foot-long tunnel complete with reinforced walls, ventilation and a rail system.
Damage to Blue Origin's lone launch pad in the wake of last week's spectacular explosion was not as severe as initially feared, the company said.
The FLEX Rover will be equipped to carry two astronauts and traverse hundreds of miles of lunar terrain.
Blue Origin assess the impact of Thursday's New Glenn explosion, prompting concern about NASA moon program delays.
A rare blue micromoon will appear in night skies this weekend. Here's what to expect.
Jeff Bezos' Blue Origin, Astrolab, Lunar Outpost and Firefly Aerospace are awarded with hundreds of millions of dollars in NASA contracts for the first phase of its moon base plans.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
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.
Rep. Grace Meng pressed acting Attorney General Todd Blanche on the Justice Department's "anti-weaponization" fund during a House hearing Tuesday. Blanche said the department wasn't moving forward with the fund, but he declined to put that commitment in writing.
The sci-fi horror flick "Backrooms" was the number one movie in the U.S. as of Tuesday. The filmmaker behind the movie, 20-year-old YouTuber Kane Parsons, is now the youngest director with a number one film globally. Brooks Barnes, The New York Times' chief Hollywood correspondent, joins "The Daily Report" to discuss.
Secretary of State Marco Rubio faced tough questions on the war with Iran Tuesday during back-to-back hearings on Capitol Hill. CBS News intelligence and national security reporter Olivia Gazis has more.
Voters in six states are casting their primary election ballots, with key races to watch in California, Iowa, New Jersey and more. CBS News executive director of elections and surveys, Anthony Salvanto, has more.
Primary battles are underway in six states; acting AG Todd Blanche testifies before the House Appropriations Committee.