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3/13: Red and Blue
Federal government takes action after collapse of two banks; Trump visits Iowa, drawing comparisons with DeSantis.
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Federal government takes action after collapse of two banks; Trump visits Iowa, drawing comparisons with DeSantis.
The abrupt closure of three banks in a matter of days is continuing to ripple across the American economy. CBS News national correspondent Errol Barnett joined John Dickerson on "Prime Time" with the latest on the Silicon Valley Bank's collapse. Then, Jeff Guo, co-host for NPR's "Planet Money," helps break down what exactly happened to SVB.
President Biden is telling Americans the banking system is sound despite the high-profile failure of Silicon Valley Bank and several others. CBS News senior White House and political correspondent Ed O’Keefe joins John Dickerson on “Prime Time” with more.
President Biden on Monday announced a deal to sell nuclear-powered attack submarines to the Australian military.
President Biden on Monday said that the U.S. banking system is safe in the wake of the collapse of Silicon Valley Bank in California and Signature Bank in New York. The federal government scrambled to backstop deposits at the two banks, but worries persist that other small regional banks could face similar issues. Ed O'Keefe has the details.
The stock market closed relatively flat a day after the federal government took action to ensure that Silicon Valley Bank's customers would not lose their deposits in the bank's collapse. CBS News business analyst Jill Schlesinger joined Elaine Quijano to discuss how the action will impact investors and consumers going forward.
The collapse of Silicon Valley Bank in California and Signature Bank in New York sparked fears of a nationwide banking crisis, but the federal government says depositors will not lose their funds and President Biden offered assurances the system is sound. CBS News chief Washington correspondent Major Garrett joins "Red and Blue" to discuss the political impact of the two bank failures.
The president is meeting with two close U.S. allies to announce that Australia will buy nuclear-powered attack submarines from the U.S. to modernize its fleet.
The fall of Silicon Valley Bank is affecting thousands of people. Melanie Travis, the founder and CEO of Andie Swim, spoke to CBS News about her experience and the impact the bank's failure has had on her company.
The Biden administration is approving the major Willow oil project on Alaska's petroleum-rich North Slope.
Customers lined up outside the headquarters of Silicon Valley Bank in Santa Clara, California, on Monday morning after the bank suddenly collapsed late last week. CBS News national correspondent Errol Barnett joined Nikki Battiste and Anne-Marie Green to discuss the reaction from customers.
President Biden attempted to restore calm and assure people their money is safe following the collapse of the Silicon Valley Bank. CBS News senior White House correspondent Weijia Jiang joined Anne-Marie Green and Nikki Batiste to discuss the details of the president's address.
Alex Meshkin, the CEO and co-founder of health care startup Flow Health joined CBS News to explain how he had to delay paying his employees after the collapse of Silicon Valley Bank.
President Biden addressed the nation on Monday about the government's response to the failure of Silicon Valley Bank in California and Signature Bank in New York. He said the overall banking system remains sound and taxpayers will not bear the costs. Tony Dokoupil anchored a CBS News Special Report with reporting and analysis from Weijia Jiang at the White House, Errol Barnett outside Silicon Valley Bank's headquarters in Santa Clara, California, and business analyst Jill Schlesinger.
The administration is expected to unveil the new restrictions amid controversy over a proposed drilling project in Alaska.
New Jersey Gov. Phil Murphy, a Democrat, told "Face the Nation" that President Biden is "certainly going to run" for reelection in 2024. "He deserves to run; he's earned that right," Murphy said.
Missed the second half of the show? The latest on how Mike Pence "avoided a major constitutional crisis" on Jan. 6; the possibility of a "Russian-linked cyber criminal" behind the Congress data breach; Biden's run for reelection in 2024; and how the reversal in women's rights is now a global emergency.
President Biden touted his economic agenda in a speech Friday after the release of the February jobs report. CBS News senior White House and political correspondent Ed O'Keefe discusses the administration's reaction to the jobs numbers and other news from the White House.
The leaders hope a new plan will turn the page on a spat between the U.S. and European Union over electric vehicle tax credits.
Bharat Ramamurti, deputy director for the National Economic Council, joins "Red and Blue" from the White House to discuss President Biden's budget proposal and how they believe it will help Americans. He also addresses criticisms from House Republicans.
President Biden announced his 2024 fiscal year budget proposal at a union hall in Philadelphia today. CBS News chief White House correspondent Nancy Cordes joins Jim Axelrod and Nikki Battiste to discuss his budget priorities and more.
President Biden is expected on Thursday to release his new budget plan, which is expected to include new taxes for the wealthy to help fund Medicare for another 25 years. Mr. Biden's goal is to reduce the federal deficit by $2 trillion over a decade. CBS News senior White House and political correspondent Ed O'Keefe joined Nikki Battiste and Elaine Quijano to discuss.
House Oversight Committee Chairman James Comer's request came after committee interviewed the top lawyer at the National Archives.
The April 26 visit, which will include a fancy state dinner, will mark the 70th anniversary of the alliance between the U.S. and South Korea.
Proposal would increase Medicare tax on high earners to 5%, which president says will provide 25 years of solvency.
A hurricane warning was posted for Bermuda with Ernesto heading that way. It dumped torrential downpours on Puerto Rico and wiped out power to almost a million customers there.
Vice President Kamala Harris and her advisers have not responded to Robert F. Kennedy Jr. with an offer to meet or shown interest in the proposal, according to one source.
The announcement came months after she was criticized for her handling of antisemitism on campus and protests in response to the Israel-Hamas war.
Gov. Tim Walz on Wednesday agreed to participate in a vice presidential debate hosted by CBS News on Oct. 1 in New York City.
Prosecutors say articles that Jeff German wrote for the Las Vegas Review-Journal in early 2022 about Robert Telles and a county office in turmoil provided a motive for the killing.
Seventy-one days after launch, NASA finally nears a decision on whether Boeing's Starliner will return to Earth with, or without, a crew.
Edmund, Oklahoma has agreed to pay more than $7 million to a former death row inmate who was exonerated after nearly 50 years in prison, making him the longest-serving inmate to be declared innocent of a crime.
Gena Rowlands, hailed as one of the greatest actors to ever practice the craft, died at 94 on Wednesday, her representatives confirmed.
Wallace "Wally" Amos, Jr., founder of the "Famous Amos" cookies known the nation over, died peacefully on Wednesday, his family said.
Edmund, Oklahoma has agreed to pay more than $7 million to a former death row inmate who was exonerated after nearly 50 years in prison, making him the longest-serving inmate to be declared innocent of a crime.
Vice President Kamala Harris and her advisers have not responded to Robert F. Kennedy Jr. with an offer to meet or shown interest in the proposal, according to one source.
Gena Rowlands, hailed as one of the greatest actors to ever practice the craft, died at 94 on Wednesday, her representatives confirmed.
Hannah Cvancara rock climbs, snowboards, surfs and hikes. But while her amputation hasn't stopped her at all, the military has, rejecting her from the U.S. Navy.
Prosecutors say articles that Jeff German wrote for the Las Vegas Review-Journal in early 2022 about Robert Telles and a county office in turmoil provided a motive for the killing.
Almost 68 million Americans will be impacted by the annual cost-of-living adjustment to their benefits.
Businesses now face hefty penalties for buying, selling or promoting phony user ratings of products and services.
Lawsuit alleges GM is signing up car owners for its OnStar system without notifying them that data is being sold to insurers.
Staring at an iPad screen too much may keep little kids from learning to control their emotions, a new study finds.
Neighbors say the driverless cars are honking at each other, waking residents at night when the vehicles are supposed to be idle.
Vice President Kamala Harris and her advisers have not responded to Robert F. Kennedy Jr. with an offer to meet or shown interest in the proposal, according to one source.
Gov. Tim Walz on Wednesday agreed to participate in a vice presidential debate hosted by CBS News on Oct. 1 in New York City.
Pro-Trump lawyer Stefanie Lambert has been disqualified from representing Overstock.
Republicans have zeroed in on Minnesota Gov. Tim Walz' military record since he became Kamala Harris' running mate, claiming he exaggerated his military service.
Former President Donald Trump's latest attempt to get the judge presiding over his New York criminal case to recuse himself has been denied.
The World Health Organization declared Wednesday that the mpox outbreaks in Africa are a global emergency, with cases confirmed among children and adults in more than a dozen countries.
Officials have been warning of a return to the pre-pandemic trends of pertussis, also known as whooping cough.
Are eye exams for your kids on your back-to-school to-do list? Here's why experts say they should be.
Staring at an iPad screen too much may keep little kids from learning to control their emotions, a new study finds.
Parents worry a lot about their teenagers, but a recent survey highlighted they often don't know how to talk to them. A psychologist shares advice.
Victor Montalvo of Florida is the first U.S. athlete to win a medal in Olympic breaking, which debuted at the Paris Games.
Stonehenge's Altar Stone, weighing roughly six tons, was brought to the site from Scotland and not Wales, as was previously thought, researchers said.
When a critically endangered orangutan was pregnant, the Dublin Zoo hatched a plan to teach her the maternal skills she'd need to care for her newborn.
President Volodymyr Zelenskyy said that Ukrainian troops had captured more than 100 Russian soldiers.
The U.S. citizen is reportedly facing charges of using violence against a government official that could bring five years in prison.
Gena Rowlands, hailed as one of the greatest actors to ever practice the craft, died at 94 on Wednesday, her representatives confirmed.
The renowned street artist Banksy has unveiled nine new animal-themed murals over the past week and a half. They range from a goat teetering on a cliff to piranhas infesting a police box, to a gorilla outside the London Zoo. The images are also posted on the anonymous artist's Instagram account. Their meaning is unknown—much like the artist himself.
In this web extra, "CBS Mornings" featured host Vladimir Duthiers gets a tour of the Esquire archives, where he gets to see some of the magazine's iconic covers and hear stories from its 90-year history. Plus, Esquire reveals Zoë Kravitz as the cover star for its coveted September issue.
Taylor Swift's Eras Tour is scheduled to return to London in the star's first performances since authorities said they thwarted an attack on her shows in Vienna.
Andra Day reunites with director Lee Daniels in their latest film, "The Deliverance." This thriller is inspired by true events and looks at the many complexities of generational trauma, faith and resilience.
Iran has launched a sweeping, months-long cyberattack targeting both the Democratic and Republican presidential campaigns, according to a new report by Google. Nicole Sganga has details.
Staring at an iPad screen too much may keep little kids from learning to control their emotions, a new study finds.
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.
Domain-name investor Jeremy Green Eche — who buys up unclaimed web addresses as a hobby — compared the sale to "hitting the jackpot."
Google is hosting its annual event Tuesday to unveil new products and projects using artificial technology. Abrar Al-Heeti, a CNET technology reporter, joins CBS News with more details.
Hurricane Ernesto is gaining strength in the Caribbean after drenching Puerto Rico and the U.S. Virgin Islands. Now the storm is moving north into the Atlantic, where it's expected to continue strengthening as it heads toward Bermuda. CBS News national correspondent Manuel Bojorquez and WCBS chief weathercaster Lonnie Quinn have more.
On July 24, a burning car was pushed over an embankment in Chico, California. Within three days, it became one of the 10 largest wildfires in state history. Within nine days, it was among the top four. Still burning at over 429,000 acres, firefighters continue to tackle the historic blaze. Using data from Cal Fire, CBS News put together an animation to show just how quickly and far the flames have spread.
There are plenty of considerations for those interested in making the investment, according to industry experts.
Joro spiders have hearts that are able to withstand the loud and bustling noises of big cities, according to a study published on Monday.
The historic, privately financed space flight will carry humans above Earth's ice caps for the first time.
Edmund, Oklahoma has agreed to pay more than $7 million to a former death row inmate who was exonerated after nearly 50 years in prison, making him the longest-serving inmate to be declared innocent of a crime.
For three months, a family in southern Georgia has been fighting for justice and accountability over the drowning of 8-year-old Noah Bush. Authorities initially ruled his death an accident. Nearly two months later, they filed charges against two boys ages 10 and 11. Demetrice Bush, Noah's mother, and Francys Johnson, the family's attorney, join to speak about the devastating loss.
Opening statements took place Wednesday in the murder trial of Robert Telles, who is charged in the 2022 killing of Las Vegas Review-Journal reporter Jeff German. Prior to his death, German had published a series of articles alleging Telles fostered a hostile work environment while serving as an elected public administrator. Elise Preston has details.
Prosecutors say articles that Jeff German wrote for the Las Vegas Review-Journal in early 2022 about Robert Telles and a county office in turmoil provided a motive for the killing.
Susan Lorincz is on trial for manslaughter in Florida for the shooting death of her neighbor, Ajike "A.J." Owens.
Seventy-one days after launch, NASA finally nears a decision on whether Boeing's Starliner will return to Earth with, or without, a crew.
NASA held a press briefing Wednesday and announced a decision will be coming on how the Boeing Starlink capsule crew stuck at the International Space Station will proceed with their mission in space. CBS News' Lindsey Reiser has more.
The historic, privately financed space flight will carry humans above Earth's ice caps for the first time.
The Perseid meteor shower peaked in the night skies of Sunday into Monday, giving astronomy fans one of the best shows of 2024 as they looked to the skies.
It was the 187th launch of the company's Starlink internet relay satellites.
Live performances are in full swing this summer. Scroll through our concert gallery, featuring pictures by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
A look at the evidence in "The Dexter Killer" case; plus, newly revealed letters from the man police say wanted to be like fictional serial killer Dexter Morgan.
A teenager's murder in Lowell, Massachusetts, goes unsolved for more than 40 years -- were the clues there all along?
The actor, recipient of a lifetime achievement Academy Award, was renowned for such films as "MASH," "Klute," "Don't Look Now," "Ordinary People," and "The Hunger Games."
CIA Director William Burns is headed to the Middle East for negotiations over a possible cease-fire and hostage deal in Gaza scheduled for Thursday. However, it comes as Hamas has said it won't take part in the talks. Ramy Inocencio has the latest from Tel Aviv.
Ninety-one-year-old Phyllis Blackwelder has seen and treated it all as a nurse, with more than a half-century of service. But while there have been plenty of changes in medicine over the years, her love of the job has never wavered.
For three months, a family in southern Georgia has been fighting for justice and accountability over the drowning of 8-year-old Noah Bush. Authorities initially ruled his death an accident. Nearly two months later, they filed charges against two boys ages 10 and 11. Demetrice Bush, Noah's mother, and Francys Johnson, the family's attorney, join to speak about the devastating loss.
After soaring to record levels in the past three years, migrant crossings along the U.S.-Mexico border have plummeted this summer. July saw the lowest level in illegal border crossings since September 2020. CBS News immigration and politics reporter Camilo Montoya-Galvez traveled to the Arizona border, as well as to Mexico, to try better understand this dramatic change.
New data from major American cities shows homicides are down 13% during the first six months of 2024 compared to the same time in 2020. CBS News vice president of Data Journalism John Kelly gives us insight into these numbers.