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CBS News Roundup - 12/11/2025 | World News Roundup

Venezuelan oil tanker seized by the United States. Severe flooding in the Pacific Northwest. Michigan football coach fired and arrested. CBS News Correspondent Steve Kathan has these stories and more on the World News Roundup.

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Up First from NPR - ACA Vote, Fed Cuts Interest Rates, US-Venezuela

With Obamacare health insurance subsidies set to expire this month, millions of Americans are bracing for massive increases in healthcare costs. Also, the Federal Reserve’s decision to cut interest rates may help the job market but hurt efforts to wrangle inflation. Will the central bank continue slashing rates into 20-26? Plus, the Trump administration says it’s seized an oil tanker off the coast of Venezuela.

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Headlines From The Times - Trump Ordered to Withdraw National Guard from L.A., Australia enacts Social Media Ban, Fed Issues Rate Cut, Epstein Grand Jury Files Ordered, Trump Plan Threatens SAVE Program, Steyer Opposes W.B. Bids, Central Valley Fog Creates Hazard & More

A federal judge rules that the Trump administration must withdraw the National Guard from Los Angeles, saying the deployment is no longer lawful. Australia becomes the first country to ban social media use for anyone under 16. The Federal Reserve issues its third interest rate cut of the year. Another court orders the release of Jeffrey Epstein’s 2019 grand jury records under the new transparency law. The Trump administration proposes a settlement that could remove millions from the SAVE student loan plan, while Congress extends the Secure Rural Schools Act. Candidate Tom Steyer opposes both Netflix’s and Paramount’s proposed acquisitions of Warner Bros. Discovery. Heavy fog disrupts travel across California’s Central Valley. In business, a major appliance chain abruptly closes, leaving customer orders in limbo, and personal finance columnist Liz Weston explains why everyone should have a will.

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Bay Curious - SFO’s One-of-a-Kind Art Museum

Barry Asin flies through SFO about once a month and often stops to take a look at the art exhibits dotted throughout the terminals. He particularly loves the history exhibits that showcase what makes the Bay Area unique, seeing it as a nice welcome to travelers visiting the area. He wants to know more about who curates the exhibits, how they decide what to bring in and what we can expect in the future.


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This story was reported by Ericka Cruz Guevarra and Jessica Kariisa. Bay Curious is made by Olivia Allen-Price, Katrina Schwartz and Christopher Beale. Additional support from Alan Montecillo, Jen Chien, Katie Sprenger, Maha Sanad, Ethan Toven-Lindsey and everyone on Team KQED.

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Stuff They Don't Want You To Know - CLASSIC: The Hidden History of Africville

If you're not from Nova Scotia, you may have never heard of Africville -- it was a small community in Halifax. The larger government of Halifax seemed content to pretend Africville simply didn't exist. After the infamous Halifax Explosion of the early 1900s, the government changed their tactic, and aggressively conspired to erase Africville from history.

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Marketplace All-in-One - The little-known regulatory bodies that can make or break AI data centers

The AI boom is propelling a once-obscure group of state regulators into key decision-making roles for the economy. AI needs data centers, data centers need power and power is generally regulated in some way — depending on the state — by public utilities commissions.


That's the topic of a new report from the Center on Technology Policy at NYU. Scott Brennen, CTP director and author of the report, said these commissions often make decisions on planning and permitting for new infrastructure and decide the rates utilities charge consumers.

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WSJ What’s News - America’s Business-Heavy Postwar Vision for Ukraine Triggers Clash with Europe

A.M. Edition for Dec. 11. The U.S. proposals have sparked an intense battle at the negotiating table, with WSJ security correspondent Benoit Faucon saying the outcome is set to profoundly alter Europe’s economic map. Plus, the U.S. wants more tourists to show their social-media history before they enter the country. And, it’s decision day for Republican Senators as the chamber prepares to vote on saving Obamacare subsidies. Luke Vargas hosts.


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