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.
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.
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
Inside the surge of threats against public officials fueling a rise in prosecutions
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.
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.
Accomplice not ruled out in Nancy Guthrie disappearance, Arizona sheriff says
Authorities haven't named a suspect or person of interest in Nancy Guthrie's disappearance as the search continued for a third week.
Reese's family member criticizes Hershey for "quietly replacing" ingredients
Brad Reese claims Hershey is cutting costs by relying on cheaper ingredients, risking the Reese's brand.
Ilia Malinin reflects on Olympic experience: "You learn a lot more from failure"
Star figure skater Ilia Malinin stressed he was focused on moving forward and continuing to push the boundaries of the sport.
Lake Erie shipwreck identified in area where explorer died while diving
The wreck of the stone-hauling vessel is in the same area where the founder of the Cleveland Underwater Explorers died in 2024.
Zuckerberg questioned on under-13 Instagram users in social media trial
The Meta CEO defended his company's efforts to keep kids under 13 off of Instagram, but noted that there are "people who lie" about their ages.
Dangerous conditions hinder search teams after deadly avalanche
Eight backcountry skiers have been found dead and one remains missing after an avalanche near Lake Tahoe in California, officials said.
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.
Trump administration sued over reversal of key climate finding
The Trump administration is facing a new lawsuit over its decision to deregulate emissions and repeal a landmark scientific finding on climate pollution.
Les Wexner, longtime Epstein benefactor, tells Congress he was "duped"
Billionaire retail tycoon Les Wexner testified before a House committee Wednesday as part of the panel's investigation into Jeffrey Epstein.
Judge: Lawsuit against Buffalo Wild Wings has "no meat on its bones"
A federal judge dismissed a lawsuit filed by an Illinois man who alleged that Buffalo Wild Wings' use of the term "boneless wings" was deceptive.
Democratic lawmakers ask watchdogs to probe ex-lobbyists serving in Trump admin.
Four congressional Democrats are asking inspectors general to probe whether ex-lobbyists in the administration broke ethics rules to benefit former clients.
U.S.
More U.S.
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.
MoneyWatch
More MoneyWatch
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.
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.
Wine giant Gallo closing Napa Valley facility, laying off dozens of workers
California wine giant Gallo is set to close one of its Bay Area production facilities, laying off nearly 100 workers there and at four other wineries and tasting rooms in Napa and Sonoma counties.
Reese's family member criticizes Hershey for "quietly replacing" ingredients
Brad Reese claims Hershey is cutting costs by relying on cheaper ingredients, risking the Reese's brand.
Politics
More Politics
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.
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.
Exclusive
Puerto Vallarta-area timeshare was a cartel-run fraud engine, officials say
The U.S. Treasury Department on Thursday sanctioned Kovay Gardens, accusing the Mexican resort of operating under the direction of the Cartel de Jalisco Nueva Generación, or CJNG.
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.
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.
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
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.
Exclusive
Puerto Vallarta-area timeshare was a cartel-run fraud engine, officials say
The U.S. Treasury Department on Thursday sanctioned Kovay Gardens, accusing the Mexican resort of operating under the direction of the Cartel de Jalisco Nueva Generación, or CJNG.
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.
U.N. nuclear chief warns of 2 major risks if U.S.-Iran deal not reached
The head of the U.N. nuclear watchdog agency says Iran's enriched uranium "is still there," as he stresses the urgency of diplomacy to avert a U.S.-Iran war.
Entertainment
More Entertainment
Entertainment
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.
Bad Bunny lands first lead acting role in the film "Porto Rico"
Bad Bunny is set to star in his first leading role in the film "Porto Rico" alongside Javier Bardem, Viggo Mortensen and Edward Norton.
From the archives: Robert Duvall
Academy Award-winning actor Robert Duvall died on Feb. 15, 2026 at the age of 95. In this June 25, 2006 "Sunday Morning" profile, the star of such classics as "The Godfather," "Apocalypse Now," and the TV miniseries "Lonesome Dove" talked with Rita Braver about his career, including the early days hanging out with Gene Hackman and Dustin Hoffman; his Oscar-winning performance as a country singer in "Tender Mercies"; and his love of westerns. He even gave a visiting reporter an impromptu tango lesson.
Technology
More Technology
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.
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.
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.
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.
Mark Zuckerberg appears in social media trial
Mark Zuckerberg took the stand on Wednesday to fight off allegations that Instagram was intentionally designed to be addictive, especially to kids. Jo Ling Kent was in the courtroom and has more on the landmark trial.
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
Threats against public officials surge
126 people were charged in 2025 for making threats to federal and top state officials, according to an analysis by CBS News. Jake Rosen reports.
No new U.S. charges after Epstein files
As news emerges of former Prince Andrew's arrest in the U.K., questions remain about new potential charges in the U.S. linked to the latest batch of Epstein files released by the Justice Department. CBS News' Jake Rosen has more.
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.
More on former Prince Andrew's arrest
Andrew Mountbatten-Windsor, formerly known as Prince Andrew, is under arrest in the United Kingdom after a new batch of files revealed more details of his alleged connection to convicted sex offender Jeffrey Epstein. CBS News' Ramy Inocencio and Amanda Foreman have more.
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.
Space
More Space
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.
NASA, SpaceX mission prepares for launch
NASA and SpaceX say they have completed their final reviews and are ready to launch a crewed mission to the International Space Station on Friday. Retired NASA astronaut Leroy Chiao joins "The Daily Report" to discuss.
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
Behind Iran's demands on nuclear weapons
Tensions are rising in the Middle East as Iran and the U.S. continue to be at odds over the Islamic regime's nuclear program. CBS News' Courtney Kealy has more analysis.
Threats against public officials surge
126 people were charged in 2025 for making threats to federal and top state officials, according to an analysis by CBS News. Jake Rosen reports.
No new U.S. charges after Epstein files
As news emerges of former Prince Andrew's arrest in the U.K., questions remain about new potential charges in the U.S. linked to the latest batch of Epstein files released by the Justice Department. CBS News' Jake Rosen has more.
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.