A.M. Edition for May 23. While the court said President Trump can remove independent agency leaders, the ruling found the Federal Reserve is unique, providing some relieft o investors. Plus, major U.S. banks are exploring whether to team up to issue a joint stablecoin. And as BYD beats out Tesla in European sales for the first time ever, we look at how China has been building up its high-tech industries with WSJ’s Brian Spegele. Azhar Sukri hosts.
We’re talking about the next step for President Trump’s so-called “big, beautiful bill.”
Also, the Supreme Court’s ruling about religious charter schools, and everything you need to know about Memorial Day — from the weather and travel trends to the events meant to honor fallen heroes.
Plus, the findings from RFK Junior’s report on childhood illnesses, how the penny is disappearing after more than two centuries, and Kermit the Frog’s message for graduates at a unique commencement ceremony.
Those stories and even more news to know in about 10 minutes!
Join us every Mon-Fri for more daily news roundups!
Murder charges for the man accused of shooting two Israeli embassy staffers outside the Capital Jewish Museum. Trump administration bars Harvard from enrolling foreign students. Supreme Court tie means lower court ruling stands barring taxpayer funded Catholic charter school in Oklahoma.
CBS News Correspondent Christopher Cruise with tonight's World News Roundup.
P.M. Edition for May 22. The House passed President Trump’s sprawling tax-and-spending bill, after some last-minute changes this morning united Republican holdouts. WSJ tax policy reporter Richard Rubin talks about what made it into the bill, and what happens next. Plus, the Trump administration has blocked Harvard’s ability to enroll foreign students. And U.S. antitrust enforcers argue that large institutional investors who own shares in rival companies may be violating antitrust laws. Dave Michaels, who covers corporate law enforcement, joins to discuss what this could mean for those big institutional investors. Alex Ossola hosts.
Two Israeli embassy staffers killed in DC. House passes Trump budget bill. Pentagon accepts controversial plane from Qatar. Oval Office confrontation over South Africa. CBS News Correspondent Steve Kathan has today's World News Roundup.
Officials in Israel and Washington are condemning the fatal shooting of two Israeli embassy employees outside a Jewish museum in Washington. Plus, Israel seeks full control of Gaza as a condition to end its war with Hamas, and Republicans close in on passage of a massive bill at the heart of President Trump's domestic agenda.
Want more comprehensive analysis of the most important news of the day, plus a little fun? Subscribe to the Up First newsletter.
Today's episode of Up First was edited by Gigi Douban, Kevin Drew, Carrie Kahn, Kelsey Snell, Ally Schweitzer and Alice Woelfle. It was produced by Ziad Buchh, Nia Dumas and Christopher Thomas. We get engineering support from Zac Coleman and Josh Sauvagvau. Our technical director is Carleigh Strange.
A.M. Edition for May 22. A man shouting “Free Palestine” fired shots near a Jewish museum in the U.S. capital, with President Donald Trump suggesting the killings were driven by antisemitism. Plus, WSJ’s Quentin Webb says it's a new, golden era for crypto as Bitcoin jumps to a fresh, record high. And Oasis fans look set to outspend Swifties as the British band’s summer reunion tour gears up. Azhar Sukri hosts.
We’re talking about a shooting in Washington D.C. that’s now being called an act of antisemitic terrorism.
Also, another tense Oval Office confrontation between President Trump and his South African counterpart, and the Trump administration officially accepting a controversial mega-jet from Qatar, despite ongoing security and ethics questions.
Plus, where a rare storm is headed today, who’s getting exclusive access to President Trump by buying his memecoin, and what to know about a major new theme park that could rival Disney World.
Join us every Mon-Fri for more daily news roundups!
President Trump has a contentious Oval Office meeting with South Africa's president at which he showed a video, claiming genocide of white farmers. Judge says administration is in violation of court order in deportation of immigrants, possibly to war-torn South Sudan. Pentagon accepts gifted Qatari plane.
CBS News Correspondent Matt Pieper with tonight's World News Roundup.
P.M. Edition for May 21. In its first quarter earnings reported today, Target’s sales declined more than analysts expected and the company lowered its outlook for fiscal 2025. WSJ reporter Sarah Nassauer discusses the challenges facing Target’s business. Plus, a meeting between President Trump and South African President Cyril Ramaphosa grew tense over Trump’s unsubstantiated claims that white South Africans were the victims of a possible genocide. And a report from the Boston Fed examines potential risks of the rapidly expanding nonbank lending, which is often financed by banks. Platform editor Isaac Taylor breaks down what that means. Alex Ossola hosts.
