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Spain minister reassures on bank recapitalization
Says money needed to prop up Spain's troubled banking sector is not as excessively high as some have speculated; repeats call for a European banking union
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Says money needed to prop up Spain's troubled banking sector is not as excessively high as some have speculated; repeats call for a European banking union
U.S. officials have said Washington expects more action to strengthen the European banking system in the next two weeks before the G20 meeting
Country has stuck with its agreed program of austerity measures, featuring pay cuts and tax hikes, and broad economic reforms
Cyprus' president says he has tasked officials to draw up plans on how the country would deal with Greece's possible exit from the eurozone
The April jobless rate across the 17 countries in the currency union was 11 percent, its highest level ever
Referendum on the European Union's deficit-fighting treaty passes with a resounding 60.3 percent "yes" vote
Bond yields - a measure of investor confidence in a country's debt - were also very high in Italy, which has big debts and is in recession
Alexis Tsipras vows Friday to cancel Greece's international bailout agreement if he wins an upcoming repeat ballot
Annual consumer price increases slow to a 15-month low of 2.4 percent; lower energy prices, weak economic activity are thought to be behind the fall
U.S. stocks are set to suffer first negative month since last summer, oil prices have slid and the euro has fallen to a near two-year low
Borrowing rates for Italy and Spain rose sharply Wednesday on mounting fears of financial contagion in the eurozone
Anti-immigrant, pro-gun Golden Dawn party capitalize on voters' frustration amid euro crisis
The euro has also taken a battering and is now trading around two-year lows against the dollar
Such a union would centrally oversee and - if needed - bail out the sector, which has become a weak link in the continent's financial system
Crude has plunged 15 pct from four weeks ago on investor fears that political turmoil in Greece could trigger a chaotic exit from the euro
Costs have risen close to levels where other debt-stricken countries such as Greece and Ireland have asked for an international bailout
Leaders of Greece's political parties signed a pledge to implement the drastic budget cuts Europe is demanding in exchange for a bailout. Elizabeth Palmer reports on the desperation of those affected by the cuts.
The state of the European economy has become something of an issue in our presidential campaign, but how bad things are over there? Correspondent Allen Pizzey finds out.
Stocks fell across Europe and Asia after the French election, and after voters in Greece put that nation's bailout deal in doubt. Former Labor Secretary Robert Reich talks to Charlie Rose and Erica Hill about these issues might affect the U.S. Reich's new e-book is called "Beyond Outrage: What Has Gone Wrong with our Economy and Our Democracy, and How to Fix Them."
Political uncertainty has impacted bank deposits as people have been withdrawing their money to hedge against the country's possible return to the drachma
Uncertainty remains over what Europe should do to spark economic growth, and how to deal with the Greek crisis
European leaders aim to have more concrete proposals for strengthening the region at their next summit on June 28-29
Official says the eurozone crisis has been undermining much of the crossborder financial markets' integration brought about by the euro
Retail sales dropped 9.8 percent in the year to April as the country battled against its second recession in three years and a 24.4 percent jobless rate
Euro fell to $1.246 in afternoon trading Tuesday, its lowest point against the dollar since July 2010
Fall asleep with the perfect Purple mattress and save up to $1,000 on your purchase at this Labor Day sale.
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The best camping tents in 2024 will help keep you comfortable while you explore the great outdoors.
The 2024 Little League World Series is on. Find out how and when to watch, even if you don't have cable.
Whether you're shooting still images or video, here are five waterproof and durable digital camera options.
Sam's Club is ending some of its fees for curbside and delivery from club in August. Here's what you need to know.
A new Pixel phone is coming, and you know what that means: Discounts on the older model.
Your laptop is a major investment - protect it with one of our best back-to-school laptop backpacks.
The right prescription glasses stay in place and offer sharp vision -- no matter where you are or what sport you love.
The bestselling beverage is hitting Starbucks' stores two days earlier than it did in 2023. Here's why.
Roughly 10 years in the making, the luxury hybrid shoe features a three-inch heel without the agony, according to creator Sara Blakely.
Ford is cancelling plans for an electric SUV in a move that could cost it $1.9 billion.
Border agents seized almost $6 million worth of methamphetamine from trucks carrying shipments of produce — real and fake — into California.
Marcellus Williams was set to be executed in 2017, but a stay was issued after new DNA evidence came to light.
The bestselling beverage is hitting Starbucks' stores two days earlier than it did in 2023. Here's why.
Roughly 10 years in the making, the luxury hybrid shoe features a three-inch heel without the agony, according to creator Sara Blakely.
Ford is cancelling plans for an electric SUV in a move that could cost it $1.9 billion.
A judge in Texas blocked a new rule from the FTC that would have made it easier for employees to quit and work for a rival.
Harris is vowing to pass the first federal ban on price gouging, a pledge that comes after grocery prices have surged 25% since 2020.
Rewatch former President Barack Obama's full remarks at the 2024 Democratic National Convention in Chicago.
John Legend tells "CBS Mornings" co-anchor Tony Dokoupil about his passion for politics and endorsing Vice President Kamala Harris' 2024 bid for president.
Rewatch former first lady Michelle Obama's full remarks at the 2024 Democratic National Convention in Chicago.
The Democratic National Convention continues on Wednesday as Day 3 gets underway in Chicago.
"We have seen that movie before, and we all know that the sequel is usually worse," Obama said of a second Trump term in his DNC address.
The World Health Organization declared an international health emergency over the spread of mpox in Africa, but says it's not the next coronavirus.
Medical aid in death is legal in 10 states and the District of Columbia. But only Oregon and Vermont explicitly allow out-of-state people who are terminally ill to die with assistance there.
The 43-year-old actress, who shared the news in the latest episode of her "Pod Meets World" podcast, said "learning from the experiences of others" motivated her to share the diagnosis.
As Democrats convene in Chicago, Vice President Kamala Harris and Minnesota Gov. Tim Walz together are raising the prominence of health care as a 2024 election issue.
Perdue Foods is recalling more than 167,000 pounds of frozen chicken nuggets and tenders after some customers reported finding metal wire embedded in the products.
The remains of at least 2 people were brought ashore from the luxury superyacht that belonged to the wife of British tech mogul Mike Lynch, which sank off Sicily.
Romanian officials say influencer Andrew Tate's home was raided in a probe over alleged crimes including trafficking of minors and sexual intercourse with a minor.
After spotting a sandal and a body part in the river, villagers reported the incident to police who killed the reptile.
Noa Argamani, a young Israeli woman who was among the hostages seized by Hamas on October 7 and who was rescued in June, says she thought every night in captivity could be her last.
The governor acknowledged that 10 killings were related to the dispute between warring factions of the Sinaloa cartel.
John Legend tells "CBS Mornings" co-anchor Tony Dokoupil about his passion for politics and endorsing Vice President Kamala Harris' 2024 bid for president.
FKA twigs joins "CBS Mornings" to talk about her new film ,"The Crow," where she plays Shelly, a character whose love story transforms her perspective on romance. She shares what drew her to this adaptation, how it differs from the 1994 cult classic and gives a sneak peek into her upcoming music.
In an exclusive interview with "CBS Mornings" co-host Tony Dokoupil, 12-time Grammy Award winner John Legend shares why he's backing Vice President Kamala Harris for president.
Jennifer Lopez filed for divorce from Ben Affleck Tuesday in Los Angeles County Superior Court, just over a month after the couple celebrated their second wedding anniversary.
Psychic medium and New York Times bestselling author Matt Fraser joins "CBS Mornings" to discuss his new book, "Don't Wait Till You're Dead: Spirits' Advice from the Afterlife."
Is technology helping humans avoid loneliness or is it making it worse? Kasley Killam, a social health expert, joins CBS News with more details on how technology can help people connect offline.
Should I freeze my credit? Here's what experts say, and how to stop bad actors from accessing your file.
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.
Artificial intelligence and misinformation remain a threat this election year. So how can you spot what's real and what's not? Darren Linvill, co-director of the Media Forensics Hub at Clemson University, joins CBS News with tips.
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.
Before Ernesto was a hurricane, it was a tropical storm. But that's all it took to wipe out electricity for nearly all of the U.S. Virgin Islands and half of Puerto Rico. And it's not just an island problem. Extreme weather across the entire U.S. is taking a toll on infrastructure that is being used long past its life expectancy. As we get closer to Election Day, CBS Los Angeles' Marina Jurica tells us what to know about the intersection of climate and energy.
There are hundreds of data centers across the U.S., most of which are run by big tech firms, and their seemingly endless rows of servers are consuming huge amounts of electricity. Ben Tracy takes a look at how one of those companies, Google, is turning to renewable energy sources to power them.
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.
Border agents seized almost $6 million worth of methamphetamine from trucks carrying shipments of produce — real and fake — into California.
Romanian officials say influencer Andrew Tate's home was raided in a probe over alleged crimes including trafficking of minors and sexual intercourse with a minor.
A report on Maine's October 2023 mass shooting highlights missed opportunities by the Army Reserve and police to address the gunman's mental health crisis and seize his weapons — actions the report says could have prevented the deadly attack.
The governor acknowledged that 10 killings were related to the dispute between warring factions of the Sinaloa cartel.
Kenyan officials say 8 police officers are suspected of helping an alleged serial killer who purportedly confessed to murdering 42 women escape a Nairobi jail.
The first of 2024's four consecutive supermoons, the blue moon will reach peak illumination on Monday and will shine brightly through Wednesday.
August's full moon, a rare blue moon and supermoon, is lighting up the night sky this week. Here's what time it peaks and where you should look.
CBS News spoke with the astrophotographer behind the viral photo about his mission to drive people to look at the night sky before it changes "within the period of our lifetime."
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.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
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 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."
Is technology helping humans avoid loneliness or is it making it worse? Kasley Killam, a social health expert, joins CBS News with more details on how technology can help people connect offline.
Rep. Matt Gaetz beat his opponent, former Navy pilot Aaron Dimmock, in their Florida Republican primary Tuesday. Dimmock was backed by former House Speaker Kevin McCarthy, who was ousted after a Gaetz-led effort. CBS News Miami's Jim DeFede has more.
Russian officials say Ukraine targeted Moscow in the largest drone attack since the war began. Ukraine has not yet confirmed the attacks as its incursion into Russia's Kursk region enters a third week. CBS News' Ian Lee has more.
According to the latest CBS News poll, Democratic voter enthusiasm has risen since Kamala Harris was announced as her party's nominee. In Chicago, Tony Dokoupil speaks to voters to see how the numbers translate in real life.
Former President Donald Trump and running mate JD Vance are headed to Asheboro, North Carolina, for a rally focused on national security. This comes after Day 2 of the DNC when former first lady Michelle Obama responded to Trump's "Black jobs" comments. CBS News' Scott MacFarlane reports.