As student debt relief fails, some point to "hypocrisy" of PPP loans
The U.S. forgave $757 billion in loans through the Paycheck Protection Program, with most of those benefits going to the wealthy.
Paycheck Protection Program
White House pushing Congress to pass funding to combat pandemic-related fraud
President Biden is asking for $600 million for prosecution, including funds to create at least 10 new Justice Department strike forces.
White House calls out GOP student debt critics who had PPP loans forgiven
Marjorie Taylor Greene said for the government to say debt is forgiven "is completely unfair." The White House tweeted back that she had more than $183,000 in PPP loans forgiven.
Man bought Lamborghini, Rolex, more with COVID funds, feds say
Federal prosecutors say Valesky Barosy, 27, of Fort Lauderdale, Florida used COVID-19 relief money to buy $2.2 million in luxury items such as a Lamborghini and Rolex watches.
Texas man sentenced to 9 years in prison for PPP scheme
Lee Price III falsely misrepresented the status of three companies, and used the money to spend thousands on a strip club, properties and luxury items.
Portal will allow small businesses to directly apply for PPP forgiveness
The portal, expected to launch August 4, will apply to businesses that have Paycheck Protection Program loans of $150,000 or less.
Paycheck Protection Program runs dry for most loan applicants
Just $8 billion remains in the program, earmarked for companies headed by women or minorities.
How Harris is engaging with community lenders to help small businesses
Harris has been a strong advocate for small businesses that have had trouble obtaining loans to keep them afloat during the long pandemic.
Business owners of color had a harder time getting loans, report finds
Black and Latino business owners were less than half as likely to be fully approved for loans than White business owners.
Biden signs extension of small business loan program
Mr. Biden signed a bill extending the deadline to apply for Paycheck Protection Program loans through May 31.
Rep. Krishnamoorthi weighs in on PPP fraud and filibuster debate
A House subcommittee says it has evidence that mismanagement by the Trump administration led to nearly $84 billion in fraudulent Paycheck Protection Program (PPP) loans. Select committee member and Illinois Representative Raja Kirshnamoorthi joins CBSN's Lana Zak to discuss what's being done to prevent fraudulent PPP loans, the Baby Food Safety Act and the filibuster debate in the Senate.
Lawmakers want to extend PPP deadline
When signed by President Joe Biden, the new legislation would give businesses another two months to apply for the Paycheck Protection Program.
Black-owned businesses face obstacles
The current Paycheck Protection Program is set to expire in a few weeks. Many Black-owned businesses have been unable to apply for the program's second round because of unforgiven loans. Gusto's chief operating officer Lexi Reese joins CBSN to discuss.
Biden honors lives lost to COVID-19
President Biden held a ceremony Monday evening to honor over 500,000 Americans who died from the coronavirus. Earlier in the day, he made changes to a federal program that helps small businesses impacted by the pandemic. CBS News' Natalie Brand joined CBSN's Elaine Quijano to discuss the latest from the White House.
Biden directing PPP aid to small businesses
President Biden will announce several revisions to a federal program helping businesses stay afloat during the pandemic, the Paycheck Protection Program. The changes are aimed at ensuring more small and minority-owned businesses are able to qualify for federal assistance. CBS News senior White House correspondent Weijia Jiang joins CBSN to discuss what those changes entail.
Biden to ease PPP borrowing for smallest U.S. businesses
White House wants to provide more support to businesses with fewer than 20 workers, as well as sole proprietors.
Small businesses trying to survive pandemic
Monday marks the first day small businesses can apply for the lated round of help from the Paycheck Protection Program. Lawmakers authorized $284 billion in forgivable loans for struggling businesses as part of the coronavirus relief bill that recently passed. Joanne Canady-Brown, owner of the Gingered Peach Bakery in Lawrenceville, New Jersey, shares her story with CBSN.
Feds set to revive loan program for small businesses
The federal loans, which can be forgiven, will have five-year terms and carry an interest rate of 1%.
Minority-owned businesses were last to receive PPP loans
Many "were being turned down in the first and second round of funding," said president of U.S. Black Chambers.
Will restaurants survive winter?
More than 100,000 U.S. restaurants have been killed off by the pandemic. Will the latest PPP loans for small businesses be enough to save the struggling survivors this winter? CBS MoneyWatch reporter Megan Cerullo tells CBSN why even more eateries could go under.
Small businesses face pandemic challenges
The pandemic has affected a broad spectrum of businesses. Many are depending on another round of federal help for survival. CFO David Burman of Other Half Brewing Company joins CBSN to share how the New York business has faced the challenge.
Will the latest loans help restaurants survive winter?
A new round of paycheck protection program loans gives special leeway to restaurants — but might not save eateries hanging on by a thread.
Restaurant owner on staying afloat
The coronavirus pandemic has crippled restaurants and small businesses across the country, but the extension of the Paycheck Protection Program may help. CBS News' Chip Reid spoke with Montana restaurant owner Chuck Tanner about impact and how he's keeping his business going.
Small business owner on COVID relief bill
The new coronavirus relief bill will provide more than $284 billion in loans for small businesses. The pandemic has forced many to shut down or downsize to make ends meet. Conner Mowles, the president of a company called ParkHub in Dallas, shares some of his challenges with CBSN.
PPP returns with $285 billion, and there's still room for fraud
News organizations, high-end co-ops and talent agents will have a better shot at getting a PPP loan in round three.
House Ethics Committee will keep Matt Gaetz report under wraps — for now
The panel's ranking Democrat, Rep. Susan Wild, said there was "no consensus" on the issue and the committee agreed to reconvene on Dec. 5.
Justice Department calls for breakup of Google and sale of Chrome
The proposed breakup calls for Google to sell its industry-leading Chrome web browser and impose restrictions designed to prevent its Android smartphone software from favoring its search engine.
Man convicted of murder of Georgia nursing student Laken Riley
Jose Ibarra was found guilty in the murder of Georgia nursing student Laken Riley. He was sentenced to life in prison without the possibility of parole.
Deadly bomb cyclone batters Northwest, causing widespread outages
A major storm swept across the northwestern U.S., battering the region with strong winds and rain, causing widespread power outages and downing trees that killed at least two people.
Bryan Kohberger can face death penalty if convicted, judge rules
Bryan Kohberger is charged with four counts of first degree murder in the 2022 stabbing deaths of four University of Idaho students.
4 Trump Cabinet picks have sexual misconduct allegations in their past
Four men chosen by President-elect Donald Trump for top positions have been accused of varying degrees of sexual misconduct.
Are food recalls and outbreaks on the rise?
The FDA says America's food supply is still "one of the safest in the world," despite some recent high-profile recalls and outbreaks.
American dies in Laos amid reports that several tourists suffered alcohol poisoning
The American died in the tourist town of Vang Vieng, Laos, the State Department confirmed.
Dolphin strandings on Cape Cod at an all-time high
The waters off of Cape Cod, Massachusetts are teeming with life, especially dolphins. More than ever, these animals are getting stranded on the shore, with the number spiking this year.
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Justice Department calls for breakup of Google and sale of Chrome
The proposed breakup calls for Google to sell its industry-leading Chrome web browser and impose restrictions designed to prevent its Android smartphone software from favoring its search engine.
Are food recalls and outbreaks on the rise?
The FDA says America's food supply is still "one of the safest in the world," despite some recent high-profile recalls and outbreaks.
How pine cones collection helps renew Oregon forests after wildfires
Conservationists are teaming up with the U.S. Forest Service and logging companies to clear scorched land and make room for new reforestation projects.
U.S. indicts Indian billionaire Gautam Adani in $265 million bribery scheme
Gautam Adani, one of the world's richest people, is accused of concealing that a solar energy project was being facilitated by an alleged $265 million bribery scheme.
Dolphin strandings on Cape Cod at an all-time high
The waters off of Cape Cod, Massachusetts are teeming with life, especially dolphins. More than ever, these animals are getting stranded on the shore, with the number spiking this year.
MoneyWatch
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Justice Department calls for breakup of Google and sale of Chrome
The proposed breakup calls for Google to sell its industry-leading Chrome web browser and impose restrictions designed to prevent its Android smartphone software from favoring its search engine.
Are food recalls and outbreaks on the rise?
The FDA says America's food supply is still "one of the safest in the world," despite some recent high-profile recalls and outbreaks.
Sheetz is cutting gas prices by 40 cents a gallon before Thanksgiving
As millions of Americans get ready to hit the road ahead of the Thanksgiving holiday, Sheetz is offering a deal on fuel.
Reddit is down for many users, reports say. Here's what to know.
Reddit says it's investigating after users on Wednesday reported problems connecting to the online forum.
Has life in the U.S. become too political? You can buy a house in Italy for $1.
A village in Sardinia is trying to entice politics-weary Americans to buy cheap homes in Italy.
Politics
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Analysis: Election conspiracies persist, even with different outcomes
Conspiracies persist, although it is effectively impossible to steal a major election in the United States.
How could the U.S. military be used for Trump's mass deportation plan?
Trump signaled this week that he would enlist the help of the U.S. military for his massive deportation operation.
House Ethics Committee will keep Matt Gaetz report under wraps
Rep. Susan Wild said there was "no consensus" on the issue and the committee agreed to reconvene on Dec. 5.
4 Trump administration picks have sexual misconduct allegations in their past
Four men chosen by President-elect Donald Trump for top positions have been accused of varying degrees of sexual misconduct.
Here's what experts say about the chances of another stimulus check
Some voters are hoping President-elect Donald Trump may send out another stimulus check. Here's what the experts say.
HealthWatch
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Are food recalls and outbreaks on the rise?
The FDA says America's food supply is still "one of the safest in the world," despite some recent high-profile recalls and outbreaks.
McDonald's pulls espresso drinks from some U.S. menus
Lattes and other espresso-based drinks may not be available at some McDonald's restaurants due to a glitch with coffee machines.
Florida Gov. DeSantis' Canadian drug import plan goes nowhere after FDA approval
Florida sued the FDA over what it said was a "reckless delay" in approving its drug importation plan. Now, nearly a year after the FDA gave the state the green light, the program has yet to begin.
As "walking pneumonia" spreads, ER visits surge for sick babies
CDC data shows rates of Mycoplasma pneumoniae have surged in babies.
Trump taps Dr. Mehmet Oz to lead key Medicare and Medicaid agency
Dr. Mehmet Oz unsuccessfully ran for Senate in 2022. Now he's Trump's choice to lead the Centers for Medicare and Medicaid Services.
World
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American dies in Laos amid reports that several tourists suffered alcohol poisoning
The American died in the tourist town of Vang Vieng, Laos, the State Department confirmed.
U.S. indicts Indian billionaire Gautam Adani in $265 million bribery scheme
Gautam Adani, one of the world's richest people, is accused of concealing that a solar energy project was being facilitated by an alleged $265 million bribery scheme.
Giraffes need endangered species protection, U.S. officials say
The U.S. Fish and Wildlife Service has proposed new protections for giraffes, saying their populations are threatened by poaching, habitat loss and climate change.
3 police officers, 4 cartel suspects killed near U.S. border
Drug cartel gunmen also attacked a funeral convoy of cars accompanying the body of one of the victims in the first attack, officials said.
China admits spy plane violated Japanese airspace, Tokyo says
China said the airspace violation occurred when the plane's pilot took emergency measures due to turbulence, Japan's Foreign Ministry said.
Entertainment
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Chris Stapleton wins 4 CMAs but Morgan Wallen named entertainer of the year
Chris Stapleton took home four Country Music Association Awards and hardly left the stage on Wednesday night, while an absent Morgan Wallen won the night's biggest prize, entertainer of the year.
Paul Mescal on what he learned from working with Denzel Washington
Paul Mescal discusses his experience working with Oscar winner Denzel Washington in "Gladiator II," and what it was like to work on intense scenes together.
Clay Aiken on his new holiday album
Award-winning singer Clay Aiken, who rose to fame on American Idol, joins "CBS Mornings Plus" to talk about his new holiday album, "Christmas Bells Are Ringing," and his rendition of Bing Crosby's "Do You Hear What I Hear?"
Paul Mescal on "Gladiator II"
Paul Mescal joins "CBS Mornings" to discuss his role as Lucius in "Gladiator II," the son of Maximus and Lucilla, who is thrust into the arena to fight for the Roman Empire 15 years after Maximus' death.
Paul Simon says group's steps toward hearing loss cure gives him hope
CBS News' Anthony Mason joins Paul Simon on a trip to the Stanford Initiative to Cure Hearing Loss, to explore how researchers are getting closer to finding answers about repairing and preventing hearing loss.
Technology
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Justice Department calls for breakup of Google and sale of Chrome
The proposed breakup calls for Google to sell its industry-leading Chrome web browser and impose restrictions designed to prevent its Android smartphone software from favoring its search engine.
Reddit is down for many users, reports say. Here's what to know.
Reddit says it's investigating after users on Wednesday reported problems connecting to the online forum.
How AI powered robots are helping small farms
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.
Deepfakes of Elon Musk contribute to billions in fraud losses
A study found that Elon Musk is the most common celebrity used in deepfake scams.
SpaceX successfully tests Starship
SpaceX successfully launched its Super Heavy-Starship rocket from Texas for its sixth test flight Tuesday with its CEO Elon Musk and President-elect Donald Trump looking on. CBS News correspondent Jason Allen has more on the launch.
Science
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How pine cones collection helps renew Oregon forests after wildfires
Conservationists are teaming up with the U.S. Forest Service and logging companies to clear scorched land and make room for new reforestation projects.
Restoring forests decimated by wildfires
Large wildfires fueled by climate change have destroyed tens of millions of acres of forests in the Pacific Northwest in recent years. Jonathan Vigliotti explores a major effort underway to restore those forests.
Giraffes need endangered species protection, U.S. officials say
The U.S. Fish and Wildlife Service has proposed new protections for giraffes, saying their populations are threatened by poaching, habitat loss and climate change.
Carcass of massive endangered whale washes ashore in Alaska
The carcass was comparable to the width of a college basketball court and female, according to biologists.
Energy Secretary Granholm on Trump presidency
Former leaders and climate experts have issued a letter calling the U.N.'s annual climate meeting "no longer fit for purpose." Recently, CBS News spoke with U.S. Energy Secretary Jennifer Granholm about the summit and what the incoming Trump presidency means for clean energy and climate change. The conversation took place before the president-elect made his pick for energy secretary.
Crime
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Crime
Man convicted of murder in slaying of Laken Riley
A judge Wednesday found a Venezuelan migrant guilty on all counts in the murder earlier this year of Georgia nursing student Laken Riley. He was sentenced to life in prison without the possibility of parole. Manuel Bojorquez has the latest.
Bryan Kohberger can face death penalty if convicted, judge rules
Bryan Kohberger is charged with four counts of first degree murder in the 2022 stabbing deaths of four University of Idaho students.
Florida man arrested in alleged plot to bomb New York Stock Exchange
South Florida native Harun Abdul-Malik Yener was charged with attempted use of an explosive to damage or destroy a building used in interstate commerce.
"Rust" movie premieres in Poland
The "Rust" film premiere in Poland occurred three years after the fatal on-set shooting of cinematographer Halyna Hutchins. Alec Baldwin was not present. CBS News' Chris Livesay reports.
Laken Riley's killer Jose Ibarra sentenced
The Georgia judge who convicted Jose Ibarra for charges related to the death of nursing student Laken Riley sentenced the undocumented immigrant to life in prison without the possibility of parole. CBS News' Manuel Bojorquez reports and Jessica Levinson breaks down the verdict.
Space
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Space
Trump, Musk attend SpaceX launch
President-elect Donald Trump attended SpaceX's sixth flight test of its Super Heavy-Starship on Tuesday with CEO Elon Musk. The burgeoning friendship between the two men played a key role in Trump's reelection, with Musk now set to run a government efficiency agency in the coming months. CBS News political reporter Jake Rosen and Politico aviation reporter Oriana Pawlyk join "America Decides" with more.
SpaceX launches Super Heavy-Starship, with Trump there to watch
President-elect Donald Trump was on hand with Elon Musk for the sixth test flight of SpaceX's huge Super Heavy-Starship rocket.
Far side of the moon once had erupting volcanoes, lunar soil shows
Researchers analyzed lunar soil brought back by China's Chang'e-6, the first spacecraft to return with a haul of rocks and dirt from the little-explored far side.
When you can see the Beaver Moon, 2024's final supermoon
November's full moon, known as the Beaver Moon, is the last supermoon of 2024. Here's when it peaks and why it's called the Beaver Moon.
Astronauts decline to answer questions about post-flight medical issue
Medical issues aside, the astronauts described a water leak in June that triggered a blizzard in the International Space Station's airlock.
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Notable Deaths in 2024
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Serial killer Rodney Alcala's secret photos
See some of convicted serial killer Rodney Alcala's photographs that were discovered by detectives in a Seattle storage locker.
The troubled marriage of Ashley and Doug Benefield
The seesaw marriage between the former ballerina and her much older husband only lasted four years, until she shot him on Sept. 27, 2020.
Evidence in "The Dexter Killer" case
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.
Summer music heats up 2024
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.
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Latest CBS News Videos
Johnson implements transgender restroom ban
House Speaker Mike Johnson on Wednesday took aim at incoming Democratic Rep. Sarah McBride, the first ever transgender member elected to Congress, with his decision to bar transgender people from using bathrooms in the Capitol Complex that do not align with their sex assigned at birth. Scott MacFarlane has more.
How mass deportations could affect food
President-elect Donald Trump confirmed that he plans to address illegal immigration in the U.S. through a mass deportation program. CBS News MoneyWatch correspondent Kelly O'Grady discusses how such a plan could affect the food industry.
Who is Linda McMahon?
President-elect Donald Trump announced he plans to nominate former wrestling executive Linda McMahon as education secretary. Washington Post political investigative reporter Beth Reinhard joins "The Daily Report" to discuss her qualifications and plans.
Can Democrats fill 44 judicial vacancies?
President-elect Donald Trump is urging Republicans to slow down President Biden's judicial nominations before January. There are currently 44 vacancies, and 14 of Mr. Biden's nominations await Senate approval. Wall Street Journal Supreme Court correspondent Jess Bravin joins "The Daily Report" to discuss.
Restoring forests decimated by wildfires
Large wildfires fueled by climate change have destroyed tens of millions of acres of forests in the Pacific Northwest in recent years. Jonathan Vigliotti explores a major effort underway to restore those forests.