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.
Taylor Swift and Travis Kelce were married as they celebrated their wedding with hundreds of guests Friday at Madison Square Garden in New York City.
The flag-draped casket of Ayatollah Ali Khamenei was put on display in Tehran with millions expected to attend his dayslong funeral.
The president kicked off the 250th anniversary of July 4th with a patriotic speech at Mount Rushmore where he warned of a resurgence in communism.
CBS News previously reported President Trump was weighing pardons of a slate of people convicted of emissions and clean air-related violations.
The Fourth of July celebrations in Washington, D.C., are deemed a "national special security event," which is the highest possible designation.
A year after President Trump signed the sweeping tax and spending package, its effects on households, businesses and federal programs are increasingly evident.
Extremely dangerous heat, coupled with humidity, could result in heat index readings of 100 to 115 degrees from the Midwest to the East Coast, forecasters said.
When the sun goes down on Independence Day, the skies of Washington, D.C., are expected to fill with a record-setting 850,000 individual fireworks for a 40-minute spectacle like no one has seen before.
Three children died on Geneva Lake in Wisconsin after a boat capsized during a severe storm Friday, Lake Geneva police said.
The president kicked off the 250th anniversary of July 4th with a patriotic speech at Mount Rushmore where he warned of a resurgence in communism.
When the sun goes down on Independence Day, the skies of Washington, D.C., are expected to fill with a record-setting 850,000 individual fireworks for a 40-minute spectacle like no one has seen before.
Rishi Sharma started his journey 10 years ago by driving around his Southern California neighborhood to record interviews with veterans and later expanded his outreach.
CBS News previously reported President Trump was weighing pardons of a slate of people convicted of emissions and clean air-related violations.
Federal safety regulators are urging consumers to stop using the recalled fireworks and return them for a full refund.
Federal safety regulators are urging consumers to stop using the recalled fireworks and return them for a full refund.
As Americans endure another bout of extreme heat, experts say small thermostat adjustments and other energy-saving steps can help reduce soaring cooling costs.
A year after President Trump signed the sweeping tax and spending package, its effects on households, businesses and federal programs are increasingly evident.
Antitrust regulators suggested that state attorneys general could assist in investigating unlawful conduct by companies.
Major retail stores will be open on Friday, although some may have modified hours on Saturday, July 4.
The president kicked off the 250th anniversary of July 4th with a patriotic speech at Mount Rushmore where he warned of a resurgence in communism.
CBS News previously reported President Trump was weighing pardons of a slate of people convicted of emissions and clean air-related violations.
The gift comes months after Belgium's diamond industry won the removal of U.S. tariffs on diamond imports.
The Fourth of July celebrations in Washington, D.C., are deemed a "national special security event," which is the highest possible designation.
President Trump hasn't committed to a firm number of people who will receive clemency — he's scheduled to have a meeting on pardons Friday afternoon, sources said.
The CDC is reporting the highest rate of emergency room visits from tick bites since 2017 in many parts of the U.S.
It isn't approved by the FDA, but we found an experimental weight-loss drug called retatrutide for sale at a local convenience store.
Actor Danny Glover spoke about his Alzheimer's diagnosis in an interview with NBC's "Today" show, revealing that he has been living with the disease for several years.
Starting Wednesday, Medicare will help pay for some GLP-1 medications for weight loss. CBS News medical correspondent Dr. Celine Gounder explains what this means for patients.
From screwworm to flesh-eating bacteria, mounting public health risks are emerging in the wake of deep cuts to federal health agencies and programs.
The gift comes months after Belgium's diamond industry won the removal of U.S. tariffs on diamond imports.
Prince William will appear on the podcast hosted by Jason and Travis Kelce just hours before Travis Kelce and Taylor Swift's anticipated wedding.
The mayor of Venice says the city is seeking government approval to introduce a form of dynamic pricing to deal with tourism costs.
The suspect was initially identified as a heavily built person appearing to be male, but Interpol now says it is looking for a 39-year-old Ukrainian woman.
A speeding bus plunged from a highway into a rocky ravine in Pakistan, killing 40 people and injuring eight others in one of the deadliest road accidents in recent years, officials said.
The Empire State Building lit up in blue for Taylor Swift and Travis Kelce's wedding Friday night.
Taylor Swift and Travis Kelce are officially married, according to Swift's publicist. Jo Ling Kent reports.
New York has been waiting for Taylor Swift, as the pop icon may be preparing to marry NFL star Travis Kelce at Madison Square Garden on Friday night. Carlos Greer, a senior reporter at Page Six, joins CBS News to discuss.
Taylor Swift fans are awaiting news on her highly anticipated wedding to football player Travis Kelce. CBS News' Jo Ling Kent reports from New York City.
Prince William will appear on the podcast hosted by Jason and Travis Kelce just hours before Travis Kelce and Taylor Swift's anticipated wedding.
The Trump administration has lifted export restrictions on Anthropic's most advanced artificial intelligence models, Fable and Mythos, after weeks of negotiations over national security concerns. CNET Editor-in-Chief David Katzmaier joins to discuss.
Tech giant Anthropic says that the federal government has now removed restrictions from its robust Claude Fable 5 and Mythos 5 models. Axios reporter Madison Mills has more on artificial intelligence regulation.
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.
After January 2028, new games will be available exclusively in digital format from the PlayStation Store and at retailers, Sony said.
Sen. Mark Warner wants to create a federal registry of trusted AI agents and ensure autonomous bots operate like fiduciaries.
From the lightbulb to the airplane, to medical breakthroughs and the internet age, the past 250 years have been defined by America's intrepid intellect.
The White House appointed former Harvard University astronomer Avi Loeb to lead its new panel on Unidentified Anomalous Phenomena, also known as UAPs and UFOs. Loeb shares his enthusiasm for his new role.
From space to healthcare and artificial intelligence, what could the next 250 years of the United States look like?
NASA is in a race against time as the Swift Observatory telescope in orbit sinks closer to Earth. CBS News consultant William Harwood explains the $30 million salvage operation.
Dinosaur fossils are rare to find in Antarctica because of the unforgiving ice caps. But millions of years ago, the region was populated by lush forests.
The four presidents carved into Mount Rushmore collectively issued over 1,100 pardons. President Trump, who is visiting there tonight, has outdone them all and is now adding more. Nancy Cordes reports.
President Trump is considering pardons for a group of people convicted of emissions and clean-air-related violations and has discussed potential clemency for Sean "Diddy" Combs, according to sources familiar with his plans. CBS News' Nikole Killion reports.
President Trump is considering pardons for a slew of individuals, including potential clemency for disgraced music mogul Sean "Diddy" Combs and some offenders with pollution-related convictions, sources say. CBS News' Olivia Rinaldi reports.
U.S. Olympian David Hearn is facing a felony charge after being accused of vandalizing the Lincoln Memorial Reflecting Pool. CBS News senior Justice Department reporter Sarah Lynch has the details.
Former U.S. Olympian David Hearn was indicted on Thursday on a felony charge for allegedly tearing up roughly two feet of the Lincoln Memorial Reflecting Pool last month, amid the algae blooms and political mudslinging around the president's $16 million renovation. Nicole Sganga reports.
Katalyst Space's LINK spacecraft is designed to capture and boost NASA's Swift observatory back to a safe altitude.
The orbital surgery on the International Space Station returned the Canadian-built robot arm to full health after its "wrist" joint failed last month.
The $30 million salvage operation gets underway as soon as this week with the planned launch of a robotic lifesaver.
The featherweight pair — orbiting a star 1,110 light-years away — are the biggest exoplanets found to have less density than cotton candy.
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.
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
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.
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.
High winds and heat are fueling Utah's out-of-control wildfires; Iranian drones target Bahrain after U.S. strikes Iran.
These excerpts capture some of the most impactful speeches by U.S. presidents from the 20th and 21st centuries.
Saturday's Fourth of July celebration on the National Mall is the first tagged as a "national special security event," meaning a law enforcement presence akin to a Super Bowl or an inauguration. Nicole Sganga has more.
Every Fourth of July marks the loss of more veterans of World War II. Steve Hartman met a young man who is racing against time to preserve their stories.
A company called Pyrotecnico will attempt the biggest fireworks show in history in Washington, D.C., on the Fourth of July. Tony Dokoupil gets the exclusive on how.