Will Fed raise interest rates again this week? Here's what to expect.
Central bank officials will announce on Wednesday if they are hiking the federal funds rate for a 10th consecutive time.
Banking Crisis & Response
Bank stocks tumble as First Republic deal fails to stem investor fears
Shares of Los Angeles lender PacWest Bancorp fell 28% as spooked investors bail from regional banks.
What happens to First Republic Bank's stock and deposits now?
JPMorgan Chase is buying the troubled lender after it became the second biggest bank failure in U.S. history.
First Republic Bank seized by regulators, then sold to JPMorgan Chase
The regional lender, whose collapse is the second-biggest bank failure in U.S. history, is the third bank to be seized by regulators since March.
First Republic teeters on collapse as FDIC circles troubled bank
The ailing regional lender is at risk of becoming the third U.S. bank to collapse since March.
Bill would require clawback of compensation from executives of failed banks
The legislation from a bipartisan group of senators would require regulators to claw back all or part of the compensation bank executives got in the five years leading up to a bank's failure.
Fed calls SVB's failure a "textbook case of bank mismanagement"
FDIC Chairman Martin Gruenberg estimated about $20 billion would be needed to cover the collapse of Silicon Valley Bank.
Transcript: Neel Kashkari on "Face the Nation," March 26, 2023
The following is a transcript of an interview with Neel Kashkari, president of the Federal Reserve Bank of Minneapolis, that aired on "Face the Nation" on Sunday, March 26, 2023.
Americans voice confidence in their banks, but inflation woes continue
They say government helps wealthy more than middle class amid bank issues.
White House economy official on bank failures
Bharat Ramamurti, deputy director for the National Economic Council, joins Lana Zak and Errol Barnett ahead of the Federal Reserve's decision on interest rates. He discusses the Biden administration's response to recent bank failures and stubbornly high inflation.
Specter of "too big to fail" still haunts the banking industry
Forced sale of a storied investment bank and lax U.S. financial rules are renewing concerns about the banking sector.
Investors are panicked over banks. Will the Fed make things worse?
Inflation's still high, but analysts warn that further rate hikes from the Fed could lead more more banks to topple.
Fed expected to raise interest rates again
The Federal Reserve is expected to announce another round of interest rate hikes on Wednesday. Colby Smith, U.S. economics editor for the Financial Times, joins CBS News to discuss how the Fed's potential decision is tied to the banking crisis.
Yellen: We have plan in place in case more banks fail
The treasury secretary says the plan would be set in motion if additional collapses trigger a run on banks.
First Republic Bank woes mount despite Wall Street rescue
Regional lender's stock prices plunges 47% even after a group of the nation's biggest banks injected $30 billion in deposits.
SVB and First Republic's problems aren't going away. Here's why.
About 190 banks could fail if even half of their uninsured depositors withdraw their money, a new study finds.
UBS to purchase Credit Suisse amid fallout from U.S. bank collapses
Officials announced the takeover on Sunday, after shares of Credit Suisse plummeted last week despite a $54 billion loan from the Swiss National Bank.
Transcript: "Pivot" co-hosts Kara Swisher and Scott Galloway on "Face the Nation," March 19, 2023
The following is a transcript of an interview with Kara Swisher and Scott Galloway, co-hosts of "Pivot" podcast, that aired on "Face the Nation" on Sunday, March 19, 2023.
Transcript: H.R. McMaster on "Face the Nation," March 19, 2023
The following is a transcript of an interview with H.R. McMaster,former national security adviser in the Trump White House and a CBS News contributor, that aired on "Face the Nation" on Sunday, March 19, 2023.
Transcript: Gary Cohn on "Face the Nation," March 19, 2023
The following is a transcript of an interview with Gary Cohn, the former top economic adviser in the Trump White House and now vice chairman of IBM, that aired on "Face the Nation" on Sunday, March 19, 2023.
Transcript: Rep. Patrick McHenry on "Face the Nation," March 19, 2023
The following is a transcript of an interview with Rep. Patrick McHenry, Republican of North Carolina, that aired on "Face the Nation" on Sunday, March 19, 2023.
Transcript: Sen. Elizabeth Warren on "Face the Nation," March 19, 2023
The following is a transcript of an interview with Sen. Elizabeth Warren, Democrat of Massachusetts, that aired on "Face the Nation" on Sunday, March 19, 2023.
Shares of First Republic, Credit Suisse tumble despite new capital
The banks came under renewed pressure despite emergency measures to bolster their finances.
Biden asks Congress to crack down on executives at failed banks
The president is asking Congress to expand the FDIC's authority to penalize executives of failed banks.
SVB Financial, former parent of Silicon Valley Bank, files for bankruptcy
The bankruptcy comes days after its bank was shut down and taken over by regulators amid a solvency crisis.
U.S.
Virginia Giuffre's family says U.S. government response to Epstein files is "shameful"
Andrew Mountbatten-Windsor was arrested Thursday for suspected misconduct in public office stemming from revelations in the Jeffrey Epstein files.
New Mexico reopens investigation linked to Epstein's former Zorro Ranch
New Mexico's attorney general has reopened an investigation into allegations of illegal activity at Jeffrey Epstein's former Zorro Ranch.
Lawsuit against Amazon over suicides linked to chemical can go to trial
Four families whose loved ones died after consuming sodium nitrite allege that Amazon sold the product despite being aware it could be used for suicide.
Alysa Liu wins gold for U.S. in women's figure skating at Winter Olympics
Three figure skaters from Team USA competed in the women's individual free skate event at the Milan Cortina Winter Games.
Team USA wins gold over Canada in women's hockey overtime thriller at Winter Games
This was the seventh gold medal match — and fifth in a row — between the two hockey powerhouses.
How a U.S. strike on Iran could affect American drivers and borrowers
Oil prices could surge depending on the level of disruption from U.S. military strikes on Iran, Wall Street analysts say.
Patel takes FBI jet to Italy, plans to watch Olympic hockey medal rounds, sources say
Patel took an FBI jet to Italy and plans to watch the Men's USA Olympic hockey team compete in the medal rounds, multiple sources said.
Virginia's Spanberger to deliver Democratic response to State of the Union
Virginia Gov. Abigail Spanberger will deliver the Democratic response to President Trump's State of the Union address next week.
Texas woman who made series of violent threats fails to report to prison
Abigail Shry was due to begin serving a 27-month federal prison sentence this week for threatening a federal judge, but she failed to appear.
Olympians going for gold juggle day jobs to bring in some green
Olympians often hold down jobs to pay the bills, highlighting the financial challenges facing many athletes competing on the Olympic stage.
Trump says U.S. will contribute $10 billion to Board of Peace
President Trump made the announcement during the first meeting of his Board of Peace, although the funding source is unclear.
Judge scolds Mark Zuckerberg's team for wearing Meta glasses to trial
A Los Angeles judge ordered Meta officials to remove their AI glasses at a trial over the impact of social media on users.
Questions over why ski group stayed on trip after avalanche watch issued
An avalanche watch was issued by the Sierra Avalanche Center on Sunday, two days before skiers were killed in an avalanche near Lake Tahoe, California.
NASA refuels Artemis II moon rocket in critical pre-launch test
NASA wants to make sure repairs have eliminated the hydrogen leaks detected during an initial fueling test of the Artemis II moon rocket earlier this month.
Arts commission approves Trump's White House ballroom, clearing key hurdle
A commission that advises the federal government on architecture and the arts voted to approve President Trump's overhaul of the White House East Wing.
FBI in touch with Mexico about Nancy Guthrie's disappearance, sources say
The FBI has been in touch with the Mexican government and Mexican law enforcement regarding the disappearance of Nancy Guthrie, law enforcement sources told CBS News.
Coast Guard recovers cocaine after boat crew tosses drugs into sea while fleeing
A Coast Guard crew recovered over two dozen bales of cocaine from waters off Puerto Rico.
Nissan recalls nearly 643,000 vehicles over engine and gear risks
Separate gear and engine problems with some Nissan Rogue compact SUVs can cause them to lose power, safety regulators warn.
Hawaii residents may get OK to kill wild chickens
Feral chickens, hens and roosters have been nuisances in Hawaii for years, but ways to deal with them, including proposals to let people kill them, are proving controversial.
Virginia Giuffre's family responds to news of former Prince Andrew's arrest
The family of Virginia Giuffre, who accused former Prince Andrew of assaulting her when she was a teenager, thanked police on Thursday after he was arrested.
Men wrongfully accused of yogurt shop murders declared innocent
One of the four men who was initially convicted was sent to death row in the killing of four teenagers in a crime that haunted Austin for decades.
Democrats in Congress press National Park Service on Trump ballroom donors
Sen. Elizabeth Warren and Rep. Robert Garcia's previous attempts to extract information about the White House ballroom's finances have so far yielded few answers.
Exclusive
The price of public life: Judges doxed, swatted, threatened with death
A CBS News analysis found 126 cases that were brought by federal prosecutors last year arising out of threats to public officials.
Mass departures from DOJ are boon for law firms, legal groups
More than 5,000 employees have resigned, retired or been fired from the Justice Department in the first year of Mr. Trump's second administration.
Newark Airport reopens after aircraft emergency caused ground stop, FAA says
Newark Liberty International Airport reopened Wednesday evening after an aircraft emergency caused a ground stop.
U.S.
More U.S.
Virginia Giuffre's family says U.S. government response to Epstein files is "shameful"
Andrew Mountbatten-Windsor was arrested Thursday for suspected misconduct in public office stemming from revelations in the Jeffrey Epstein files.
New Mexico reopens investigation linked to Epstein's former Zorro Ranch
New Mexico's attorney general has reopened an investigation into allegations of illegal activity at Jeffrey Epstein's former Zorro Ranch.
Lawsuit against Amazon over suicides linked to chemical can go to trial
Four families whose loved ones died after consuming sodium nitrite allege that Amazon sold the product despite being aware it could be used for suicide.
Alysa Liu wins gold for U.S. in women's figure skating at Winter Olympics
Three figure skaters from Team USA competed in the women's individual free skate event at the Milan Cortina Winter Games.
Team USA wins gold over Canada in women's hockey overtime thriller at Winter Games
This was the seventh gold medal match — and fifth in a row — between the two hockey powerhouses.
MoneyWatch
More MoneyWatch
Lawsuit against Amazon over suicides linked to chemical can go to trial
Four families whose loved ones died after consuming sodium nitrite allege that Amazon sold the product despite being aware it could be used for suicide.
How a U.S. strike on Iran could affect American drivers and borrowers
Oil prices could surge depending on the level of disruption from U.S. military strikes on Iran, Wall Street analysts say.
Olympians going for gold juggle day jobs to bring in some green
Olympians often hold down jobs to pay the bills, highlighting the financial challenges facing many athletes competing on the Olympic stage.
Judge scolds Mark Zuckerberg's team for wearing Meta glasses to trial
A Los Angeles judge ordered Meta officials to remove their AI glasses at a trial over the impact of social media on users.
Nissan recalls nearly 643,000 vehicles over engine and gear risks
Separate gear and engine problems with some Nissan Rogue compact SUVs can cause them to lose power, safety regulators warn.
Politics
More Politics
Virginia Giuffre's family says U.S. government response to Epstein files is "shameful"
Andrew Mountbatten-Windsor was arrested Thursday for suspected misconduct in public office stemming from revelations in the Jeffrey Epstein files.
New Mexico reopens investigation linked to Epstein's former Zorro Ranch
New Mexico's attorney general has reopened an investigation into allegations of illegal activity at Jeffrey Epstein's former Zorro Ranch.
Patel takes FBI jet to Italy, plans to watch Olympic hockey medal rounds, sources say
Patel took an FBI jet to Italy and plans to watch the Men's USA Olympic hockey team compete in the medal rounds, multiple sources said.
Virginia's Spanberger to deliver Democratic response to State of the Union
Virginia Gov. Abigail Spanberger will deliver the Democratic response to President Trump's State of the Union address next week.
Texas woman who made series of violent threats fails to report to prison
Abigail Shry was due to begin serving a 27-month federal prison sentence this week for threatening a federal judge, but she failed to appear.
HealthWatch
More HealthWatch
Federal tax dollars subsidize health care plans in ways you may not realize
Critics have questioned why the federal government should underwrite coverage costs for people with ACA health plans — but almost all health insurance in the U.S. comes with some federal help.
NIH's Jay Bhattacharya will also serve as acting CDC director
The Centers for Disease Control and Prevention hasn't had a Senate confirmed director since last summer, and that official was in the job for less than a month.
Moderna says FDA to review its flu vaccine after reversing course
With the reversal from the FDA, Moderna said it is aiming to make the vaccine available for the 2026-27 flu season.
FDA investigating Salmonella outbreak connected to moringa powder
Rosabella-brand moringa capsules could be linked to Salmonella cases in seven U.S. states, health officials said.
Measles cases at university in Florida soar to nearly 60
Twenty one states in the U.S. have confirmed cases of measles.
World
More World
Virginia Giuffre's family says U.S. government response to Epstein files is "shameful"
Andrew Mountbatten-Windsor was arrested Thursday for suspected misconduct in public office stemming from revelations in the Jeffrey Epstein files.
Alysa Liu wins gold for U.S. in women's figure skating at Winter Olympics
Three figure skaters from Team USA competed in the women's individual free skate event at the Milan Cortina Winter Games.
Team USA wins gold over Canada in women's hockey overtime thriller at Winter Games
This was the seventh gold medal match — and fifth in a row — between the two hockey powerhouses.
U.S. speedskating star Jordan Stolz wins 3rd medal at Winter Olympics
Team USA speedskater Jordan Stolz came just short of his third Olympic gold on Thursday, taking silver in the men's 1,500-meter race.
Here's what's in the Epstein files about former Prince Andrew
Former Prince Andrew's arrest followed the release of a massive trove of Epstein files by the U.S. Justice Department that included a series of potentially incriminating documents related to his activities as trade envoy.
Entertainment
More Entertainment
Entertainment
Alarming AI video of Brad Pitt, Tom Cruise
A ByteDance AI-generated video that appears to show Brad Pitt and Tom Cruise in a fight scene has sent shock waves across Hollywood. Actor Sean Astin, the president of the SAG-AFTRA labor unions, joins CBS News with more.
Former winner on "Top Model" docuseries
Former "America's Next Top Model" contestant Eva Marcille, known as Eva Pigford on the show, joins "CBS Mornings" to discuss the new docuseries exploring the show's controversies. Marcille, the winner of season three in 2004, describes the shocking revelations she learned through watching the docuseries.
Druski on launching career and controversy
Druski speaks to "CBS Mornings" about how he rose to global fame after starting his comedy skits on Instagram in 2017 and some of the controversy in his work, including at the NFL Honors earlier this month.
Jon Taffer on "Bar Rescue" season premiere
Jon Taffer is debuting a new season of "Bar Rescue" on Paramount+, and he joined CBS News 24/7 Mornings with more on what to expect.
"Top Model" docuseries on show controversies
For 24 seasons, supermodel Tyra Banks promised young women the chance to become the next big name in fashion on the show "America's Next Top Model." In a new Netflix documentary, former contestants, judges and Banks herself revisit some of the more controversial episodes of the reality show that aired from 2003 to 2018.
Technology
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Technology
Social psychologist on social media addiction
One of the catalysts for the social media addiction debate was a 2024 book called "The Anxious Generation" by social psychologist Jonathan Haidt. His new book tries to help parents and kids break free from screens. Haidt joins CBS News to discuss Mark Zuckerberg, the ongoing social media addiction trial and artificial intelligence.
Judge scolds Mark Zuckerberg's team for wearing Meta glasses to trial
A Los Angeles judge ordered Meta officials to remove their AI glasses at a trial over the impact of social media on users.
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.
Mark Zuckerberg grilled in court
Meta CEO Mark Zuckerberg took the stand at the social media addiction trial examining whether children and teens were given access to an addictive and harmful product. CBS News' Carter Evans reports.
Zuckerberg testifies at social media trial
Meta CEO Mark Zuckerberg testified Wednesday in a civil case over social media addiction allegations that skyrocketing social media use shows how people value the sites and it's not a strategy to keep users addicted. Jo Ling Kent reports.
Science
More Science
In a first, shark seen on camera in Antarctica waters, surprising researchers
A large shark was caught on camera for the first time in Antarctica's waters, surprising researchers. "There's a general rule of thumb that you don't get sharks in Antarctica," one said.
How Washington's crossing of the Delaware presaged a changing world
On the evening of Christmas 1776, Gen. George Washington surprised the King's forces by leading the Continental Army in a surprise crossing of a near-frozen Delaware River - a watershed military maneuver that dramatized a changing America, and a changing climate.
These United States: George Washington and climate change
On the evening of Christmas 1776, Gen. George Washington surprised the King's forces by leading the Continental Army in an unanticipated crossing of a near-frozen Delaware River. Environmental correspondent David Schechter looks at how Washington's watershed military maneuver dramatized both a changing America, and a changing climate.
Impact of climate change on Winter Olympics
The Winter Olympics in Milan need artificial snow due to climate change and warmer weather. Athletes say man-made snow makes terrain more difficult and unpredictable. Rob Marciano reports on its impact.
Scientists "quite surprised" to find one polar bear population thriving
After decades monitoring polar bears in Norway's far north, researchers say the animals have proven incredibly adaptable, but there are no guarantees for the future.
Crime
More Crime
Crime
Virginia Giuffre's family on former Prince Andrew arrest
British authorities arrested the former Prince Andrew on Thursday over potential misconduct in public office after revelations in the Epstein files. Sky and Amanda Roberts, the brother and sister-in-law of survivor Virginia Giuffre, who died in 2025, join "The Takeout" to discuss.
Former Prince Andrew released from custody
Former Prince Andrew spent 11 hours in a British jail on Thursday as he faces an investigation for possible wrongdoing as a trade official after revelations in the Jeffrey Epstein files. CBS News senior foreign correspondent Imtiaz Tyab has more.
Trump reacts to former Prince Andrew's arrest
Andrew Mountbatten-Windsor, the former British prince, was arrested on Thursday over suspected misconduct in public office revealed in the Epstein files. CBS News London bureau chief Tina Kraus has the latest.
World reacts to former Prince Andrew's arrest
Former Prince Andrew's arrest for suspected misconduct in public office has rocked the U.K. Tom Symonds with BBC News, a CBS News partner, has more.
FBI in contact with Mexico on Guthrie case
The FBI is in touch with Mexican officials regarding the search for Nancu Guthrie, law enforcement sources tell CBS News. Andres Gutierrez reports.
Space
More Space
NASA's new chief rebukes Boeing, space agency over problem-plagued Starliner mission
Astronauts Barry "Butch" Wilmore and Sunita Williams were expecting to spend eight to 10 days in space. They ended up remaining in orbit for 286 days.
NASA refuels Artemis II moon rocket in critical pre-launch test
NASA wants to make sure repairs have eliminated the hydrogen leaks detected during an initial fueling test of the Artemis II moon rocket earlier this month.
Fresh crew arrives at International Space Station to boost numbers back to 7
The Crew 12 docking came one month after a previous crew had to return to Earth early due to a medical issue.
SpaceX launches crew to ISS
NASA and SpaceX launched a new mission to the International Space Station with four crew members on board to replace the team that returned last month due to a medical issue with one member. Mark Strassmann has more.
SpaceX launches space station crew on 8-month mission
The two-woman, two-man crew is replacing four other station fliers who came home early last month due to a medical issue one was having.
Latest Galleries
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Notable Deaths in 2026
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Evidence in the Barbara Kendhammer case
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
The life & near death of prizefighter Christy Salters-Martin
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Timeline: The disappearance of George Smith
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Who is Alix Tichelman?
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Latest CBS News Videos
More Latest CBS News Videos
Latest CBS News Videos
Continued military buildup by U.S. over Iran
The U.S. is said to have more military air power in the Middle East than at any time since the 2003 invasion of Iraq, according to the Wall Street Journal. With a second aircraft carrier on its way on Thursday, the White House appears prepared for the possibility of a weekslong war with Iran, if ongoing nuclear talks fall through. Charlie D'Agata has more.
Clues in Nancy Guthrie's disappearance 19 days in
19 days into the search for Nancy Guthrie, the Pima County Sheriff confirmed that investigators are still analyzing the DNA recovered from Guthrie's home. Jonathan Vigliotti has more.
Former Prince Andrew released, not cleared after arrest
Andrew Mountbatten-Windsor, the brother of the reigning King Charles, was arrested Thursday morning in a raid on his cottage on the king's estate. It follows new revelations about former Prince Andrew's business dealings with the late convicted sex offender Jeffrey Epstein. Imtiaz Tyab has more.
U.S. isn't seeing same Epstein reckoning as Europe
Some lawmakers in the U.S. are demanding more accountability for Americans linked to convicted sex offender Jeffrey Epstein in the wake of former Prince Andrew's arrest. NPR investigations correspondent Joseph Shapiro, who wrote a piece comparing the U.S. and European responses, joins to discuss.
Latest on Nancy Guthrie search Day 19
Sources tell CBS News that the FBI has been in touch with the Mexican government in the search for Nancy Guthrie. But a Mexican official says the FBI told them they don't have any leads to suggest she is there. CBS News reporter Andres Gutierrez has more.