The euro crisis and you: Jill Schlesinger explains
CBS MoneyWatch Editor-at-Large Jill Schlesinger explains why the $125 billion aid package to Spain matters, and how could affect you and your money.
CBS MoneyWatch Editor-at-Large Jill Schlesinger explains why the $125 billion aid package to Spain matters, and how could affect you and your money.
Credit rater Fitch downgrades 18 Spanish lenders amid growing skepticism about the country's bank rescue
Alexis Tsipras, who has a strong chance of winning Greece's critical elections, insists the continued implementation of the bailout conditions would be catastrophic
Country's borrowing costs are also rising for the second day in a row while stocks are falling
Oil touched an eight-month low near $81 a barrel amid concern Spain's bank bailout won't be enough to stem Europe's debt crisis
Country raised $2B but at a relatively hefty interest rate that rose from a similar debt sale last month
Once again, the responsibility for bailing out another European country falls on the back of Germany after lending money to Portugal, Ireland, Greece, and now Spain. Mark Phillips reports.
U.S. stocks reversed earlier gains amid growing uncertainty about a plan to rescue Spain's ailing financial sector
Eurozone finance ministers said they would make up to $125 billion in loans available to the Spanish government to prop up banks
Economy contracted by a quarterly rate of 0.8 percent in the first three months of the year, the worst contraction in three years
Investors will now turn their attention to the thornier issue of Greece, where voters head to the polls this coming weekend
Protesters ask why faulty banks, and not struggling people, bailed out; Spain's bailout the biggest yet
Says U.S. would make another terrible policy mistake if it allows European debt crisis to drag down our economy
The fate of Europe's financial system - and possibly the world's - hinges on Greece and its acceptance of a bailout plan, reports Mark Phillips.
Wall Street suffered its worst losses of the year following the dismal May jobs report, with unemployment rising to 8.2 percent. Mark Zandi, chief economist for Moody's Analytics, spoke with Jeff Glor on the situation in Europe, where the jobless rate is even worse at 11 percent, about how their performance will affect the recovery in the U.S.
There is growing concern Europe's economic woes are dragging down the American economy. Erica Hill reports from London.
Former President Bill Clinton spoke with Scott Pelley on the urgency needed to address the financial crisis in Europe and what he would do to fix it. Watch Pelley's full report tonight on the CBS Evening News.
Spain is one of several European countries in need of a bailout as banks face collapse under a load of toxic debt. Clarissa Ward reports on growing demonstrations there from people feeling the squeeze.
The unemployment rate in Spain for Spaniards under the age of 25 is 51 percent. Clarissa Ward reports on the growing unemployment problems in Spain and the possible mass exodus of young people that could follow.
Former Greek Prime Minister George Papandreou speaks with Scott Pelley and describes what he feels needs to be done to solve the Euro crisis and warns that time is running out.
British prime minister says the eurozone must become yet more integrated and consider more joint liability, such as a banking union
China cut its benchmark lending rate by a quarter percentage point to 6.31 percent for the first time since 2008
Decision by the bank's 23-member governing council left the refinancing rate at a record low 1 percent
Production dropped by an unexpectedly sharp 2.2 percent in April compared with the previous month, official data showed Wednesday
There are hopes the European Union may be moving closer toward adopting measures that could alleviate the country's financial crisis
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President-elect Donald Trump said renaming the gulf is "appropriate," blasting Mexico for the migrants crossing the southern border.
Ovidio Guzmán López and Joaquin Guzmán López didn't appear at the hearing in Chicago on Tuesday where prosecutors said they needed more time.
Fans of the Girl Scout S'mores and Toast-Yay! cookies need to stock up if they want the sweet treats; the varieties are being retired this year.
After reaching a tentative deal that suspended a short strike in October, unionized dockworkers and port operators face another crucial test.
Verizon customers reported receiving settlement payments well below the minimum of $15, as stipulated in agreement.
After reaching a tentative deal that suspended a short strike in October, unionized dockworkers and port operators face another crucial test.
Verizon customers reported receiving settlement payments well below the minimum of $15, as stipulated in agreement.
Experian accused of violating Fair Credit Reporting Act by reinserting disputed information back into credit reports.
Washington seeks to restrict sharing of advanced technology, deeming it a threat to national security.
DAMAC Properties is the latest foreign investor to announce plans for the U.S. since Donald Trump's victory.
President-elect Donald Trump said renaming the gulf is "appropriate," blasting Mexico for the migrants crossing the southern border.
John Irving, a former federal prosecutor who now represents several Trump-world figures, is under consideration to be named the U.S. attorney in Washington, D.C.
President-elect Donald Trump is scheduled to be sentenced Friday in the New York "hush money" case.
The House approved its first policy legislation of the new Congress on Tuesday with a bill aimed at addressing illegal immigration.
Washington seeks to restrict sharing of advanced technology, deeming it a threat to national security.
Officials in India have confirmed the country's first seven cases of human metapneumovirus, or HMPV, which is reportedly surging in neighboring China.
For the first time, bird flu has claimed a human life in the U.S. Louisiana's health department says the patient was over the age of 65 and reportedly had underlying health problems.
The human metapneumovirus is reportedly surging in China, but should Americans be concerned? Here's what to know about HMPV symptoms and more.
The Louisiana patient was hospitalized with a severe case of bird flu in the first death in the U.S. caused by the H5N1 virus.
But consumer advocates say the Food and Drug Administration's new guidance on lead limit in baby food doesn't go far enough.
Video of the incident showed a woman in a hat being struck by the racquet as the crowd gasped.
The U.S. government has determined that Sudan's RSF paramilitary force and its allies have committed genocide in the country's raging civil war.
Washington seeks to restrict sharing of advanced technology, deeming it a threat to national security.
Human rights groups accuse Iran's leader Ayatollah Ali Khamenei of using capital punishment as a tool following nationwide protests.
Ryo Yoshizawa — who one fashion magazine said has "national treasure-class handsomeness" — is one of Japan's most popular actors.
Peter Yarrow was a singer-songwriter and a social activist, but he was best known as one-third of the folk-music group Peter, Paul and Mary.
Former "Today" anchor Meredith Vieira's husband, journalist Richard Cohen, died on Christmas Eve at 76, the talk show's current hosts said Tuesday.
Grammy-nominated artist Chlöe Bailey and NAACP President Derrick Johnson join "CBS Mornings" to announce nominees for the 56th NAACP Image Awards. The awards honor the achievements and performances of people of color across various fields.
The actor Aubrey Plaza has spoken out for the first time since her husband Jeff Baena's death last week. He was 47.
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Washington seeks to restrict sharing of advanced technology, deeming it a threat to national security.
Chipmaker Nvidia shares surge after founder Jensen Huang unveils next generation of AI for gamers at CES 2025.
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.
Meta CEO Mark Zuckerberg cites "cultural tipping point" of election in making major changes to practices.
The car rental app Turo is working to understand how two of its vehicles were used in the deadly New Orleans attack and Cybertruck bombing in Las Vegas. The Tesla Cybertruck that exploded outside of President-elect Donald Trump's Las Vegas hotel and the electric truck used in the New Orleans attack were both rented via Turo. New York Times technology reporter Eli Tan joins CBS News 24/7 to explain how the app and its background check process work.
As the U.S. Capitol prepares to honor former President Jimmy Carter, Rolling Stone climate reporter Jeff Goodell looks back on his environmental legacy.
It is hoped the discovery will provide clues about how dinosaurs interacted, as well as their size and the speeds at which they moved.
It may sound spooky, but a black moon is nothing ominous.
Solar storms may bring northern lights to several states in the northern U.S. just in time for New Year's Eve, but cloud cover may put a damper on festivities.
Hundreds of new species across the globe were identified by scientists in 2024.
Ovidio Guzmán López and Joaquin Guzmán López didn't appear at the hearing in Chicago on Tuesday where prosecutors said they needed more time.
Seven people — including Tyrin Truong, mayor of Bogalusa, Louisiana — are facing charges issued in connection with a drug trafficking investigation.
Sebastian Zapeta, the man accused of setting a woman on fire on the NYC subway, pleads not guilty in the death of Debrina Kawam.
Investigators estimated at least 25 people were buried at Harold Baumeister's estate, based on evidence that included 10,000 bones and bone fragments.
The early morning shootout happened during a joint patrol by police and the military in Guanajuato.
A phenomenon called gravitational lensing turned a galaxy into a "hall of mirrors of cosmic proportions," allowing for the discovery.
NASA said scientists began receiving more detailed telemetry — or "housekeeping data" — from the spacecraft on New Year's Day.
The first meteor shower of 2025 is about to peak. Here's how to watch and where you can see the Quadrantids.
Officials said they were investigating fragments of metal, believed to be from a rocket, that crashed into a village in the country's south.
It may sound spooky, but a black moon is nothing ominous.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Peterson's death sentence for the murder of his pregnant wife Laci has been overturned. Now his supporters are pushing for a complete retrial.
The seesaw marriage between the former ballerina and her much older husband only lasted four years, until she shot him on Sept. 27, 2020.
Cayley Mandadi's mother and stepfather go to extreme lengths to prove her death was no accident.
See some of convicted serial killer Rodney Alcala's photographs that were discovered by detectives in a Seattle storage locker.
Meta CEO Mark Zuckerberg announced the company will cease third-party fact-checking and move toward community notes similar to those used on X, the social media company owned by Elon Musk. CBS MoneyWatch correspondent Kelly O'Grady reports.
A horse-drawn caisson is awaiting former President Jimmy Carter's casket at the U.S. Navy Memorial for a procession to the Capitol. CBS News' Ed O'Keefe reports.
Republicans and Democrats in Washington, D.C., have united to honor former President Jimmy Carter as his casket heads to Capitol Hill to lie in state. CBS News' Nikole Killion has more on the plans.
Former President Jimmy Carter told CBS News' Norah O'Donnell in 2008 that he wanted to be remembered for being a family man and promoting peace as president. Carter's legacy on the global stage and his humanitarian efforts after the White House will also be remembered as the world honors the 39th U.S. president.
Jimmy Carter's presidency was marked by global challenges and his quest to unite Americans. James Fallows, a speechwriter for the Carter administration, joins CBS News with more on Carter's legacy.