Bank of America customers report outage, with some seeing $0 balances
Bank of America customers are reporting problems accessing their online accounts, according to DownDetector.
Bank of America
Bank of America raises U.S. minimum wage to $24 an hour
Bank of America is hiking its base pay starting next month and plans to further lift the company's minimum wage in 2025.
Are banks open on Veterans Day? Is the post office closed?
With Veterans Day falling on a Saturday this year, some banks weren't open on Friday and others will be closed on Saturday in observance of the federal holiday that honors Americans who served in the military.
Some bank customers still can't get their paychecks after deposit glitch
Customers with several big U.S. banks expressed frustration after their paychecks didn't show up in their accounts.
Brink's truck driver shot outside South Philadelphia bank
A Brink's truck driver was shot outside a Bank of America in South Philadelphia Thursday, police said.
Bank of America double charged customers
Bank of America was ordered to pay millions of dollars after regulators learned it had opened fake accounts, double charged customers and withheld credit card rewards.
Bank of America created sham customer accounts, regulators say
Wall Street bank will pay $250 million for opening fake accounts without customers' knowledge and hitting them with junk fees.
"Not good" to fight over debt limit
Bank of America CEO Brian Moynihan joined “Face the Nation” to discuss the economy after the nation averted a debt crisis.
6/4: Face The Nation
This week on "Face the Nation," West Virginia's Democratic Sen. Joe Manchin and Louisiana Republican Garret Graves discuss what's next for the country after averting a debt crisis, plus Bank of America CEO Brian Moynihan on how brinkmanship impacts an ever-changing economy.
Stock market steady after earnings reports
EMG Advisors CEO and lead portfolio manager Will McDonough spoke with CBS News' Lana Zak and Lilia Luciano about how investors are reacting to earnings reports from Goldman Sachs and some other major companies.
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.
Top economist shares outlook for 2023
The U.S. saw solid gains in the labor market in December, but concerns about a possible recession still linger. Bank of America's chief economist Michael Gapen joins CBS News' Catherine Herridge with his economic forecast for 2023.
Bank of America economist: 2023 could be "difficult"
Michael Gapen, chief economist at Bank of America, says the U.S. "may be able to avoid" a recession in 2023, but it "could be a difficult year."
Bank of America CEO sees mild recession in 2023
Bank of America CEO Brian Moynihan says he expects a "shallow recession" over the next year.
Bank aims to address racial homeownership gap
Bank of America is offering zero-down-payment and zero-closing-cost mortgages in a push to address racial disparities in homeownership. CBS News' Tanya Rivero and Errol Barnett speak with Jun Zhu, non-resident fellow of housing finance policy at the Urban Institute, about how effective this program could be.
Bank of America fined $225 million for botching pandemic aid
More than 100,000 people will be compensated for the bank's faulty fraud detection program, which froze customer accounts.
Report predicts "mild recession" in U.S.
A report from Bank of America says the U.S. will have a "mild recession" in the second half of 2022, fueled by inflation and heightened energy costs. Michael Gapen, head of U.S. Economics for Bank of America, joins "CBS News Mornings" to explain the report's findings and what a potential recession means for Americans.
High gas prices take toll on other spending
National average gas prices reached a new record high on Memorial Day at over $4.61 per gallon. In order to budget for higher prices at the pump, many Americans are cutting back on other spending. Bank of America Institute's senior economist David Tinsley explains the relationship between gas prices and consumer spending and which groups are making the biggest cutbacks.
Bank of America hikes its minimum wage to $22 per hour
Nation's second-largest bank has said it plans to boost the company's baseline hourly pay to $25 by 2025.
Bank of America CEO calls Roe v. Wade "settled law"
Brian Moynihan said Bank of America will assemble a broad team of employees to discuss what the company can do if Roe v. Wade is struck down.
Bank of America CEO on inflation, Fed meeting
Bank of America CEO and Chairman Brian Moynihan joins "CBS Mornings" to discuss possible Federal Reserve steps to reduce inflation and whether he thinks America is headed for a recession.
Americans think economy headed for recession
New polling reveals 81% of adult Americans think the economy will likely experience a recession this year. David Tinsley, a senior economist at the new Bank of America Institute, joins CBS News' Tanya Rivero and Meg Oliver to discuss the state of the economy.
"Black Panther" director mistaken for bank robber, video shows
Ryan Coogler was approached by police minutes after passing a note to a teller asking her to be discreet over a money withdrawal.
"Black Panther" director falsely detained
"Black Panther" director Ryan Coogler was trying to withdraw money by passing a note to a teller, who then mistook him for a bank robber. Atlanta police say the incident was a mistake, and Bank of America has since apologized. Mola Lenghi reports.
Bank of America to slash overdraft fees to $10 from $35
Nation's second-largest bank also will stop charging customers when they bounce a check.
Trump selects Scott Bessent for Treasury secretary
Scott Bessent, the founder of the Connecticut-based hedge fund Key Square Group, had been making a full-court press for the post.
Judge postpones Trump's New York "hush money" sentencing
Trump's sentencing in the "hush money" case has been delayed by a New York judge.
The new missile Russia is using in Ukraine and why it has NATO on edge
Russia's new intermediate-range ballistic missile has NATO members on edge after the missiles were used in a strike on Ukraine early Thursday morning.
Trump selects Rep. Lori Chavez-DeRemer as Labor secretary
Republican Rep. Lori Chavez-DeRemer of Oregon, who narrowly lost her reelection bid earlier this month, received strong backing from union members in her district.
Trump nominates Marty Makary, who opposed COVID vaccine mandates, to head FDA
President-elect Donald Trump has nominated a critic of COVID-19 health measures to lead the Food and Drug Administration.
Fearing deportation, some Haitian migrants are leaving Springfield, Ohio
Most Haitian migrants in Springfield, Ohio, live there legally through Temporary Protected Status, which President-elect Donald Trump has vowed to end.
Eggs are getting scarcer and pricier ahead of the holidays. Here's why.
Highly Pathogenic Avian Influenza — also known as bird flu — is killing layer hens and reducing the nation's egg supply.
Alice Brock, inspiration of Arlo Guthrie's "Alice's Restaurant," dead at 83
Alice Brock, whose Massachusetts-based eatery helped inspire Arlo Guthrie's deadpan Thanksgiving standard, "Alice's Restaurant," has died at age 83.
How a Trump Justice Department could shift legal positions at the Supreme Court
Trump's new lawyers will have to decide how to handle hot-button issues before the high court this term, including cases on treatments for transgender youth and on ghost guns.
U.S.
More U.S.
Should fans sing along in theaters during the "Wicked" movie?
Cynthia Erivo, Ariana Grande, AMC and fans react to the debate over in-theater singing during "Wicked."
Alice Brock, inspiration of Arlo Guthrie's "Alice's Restaurant," dead at 83
Alice Brock, whose Massachusetts-based eatery helped inspire Arlo Guthrie's deadpan Thanksgiving standard, "Alice's Restaurant," has died at age 83.
Trump nominates Marty Makary, who opposed COVID vaccine mandates, to head FDA
President-elect Donald Trump has nominated a critic of COVID-19 health measures to lead the Food and Drug Administration.
Ernie Johnson, wife found healing by "unlocking" their late son's key collection
Ernie and Cheryl Johnson had planned to hold onto their late son Michael's quirky key collection forever. But then they met 6-year-old Cooper Kivett.
Fearing deportation, some Haitian migrants leaving Springfield, Ohio
Most Haitian migrants in Springfield, Ohio, live there legally through Temporary Protected Status, which President-elect Donald Trump has vowed to end.
MoneyWatch
More MoneyWatch
Who is Scott Bessent? What to know about Trump's Treasury secretary pick.
If confirmed, Bessent would runn the department that manages the nation's finances as well as its tax agency, the Internal Revenue Service.
Trump selects Scott Bessent for Treasury secretary
Scott Bessent, the founder of the Connecticut-based hedge fund Key Square Group, had been making a full-court press for the post.
Walmart must pay driver it accused of fraud $35 million, jury says
A jury ruled that Walmart must pay a former employee almost $35 million after finding that the retailer defamed him.
Eggs are getting scarcer and pricier ahead of the holidays. Here's why.
Highly Pathogenic Avian Influenza — also known as bird flu — is killing layer hens and reducing the nation's egg supply.
Supreme Court takes up FCC fund dispute over subsidies for rural telecom services
The Universal Service Fund was created by Congress in 1996.
Politics
More Politics
Trump nominates Marty Makary, who opposed COVID vaccine mandates, to head FDA
President-elect Donald Trump has nominated a critic of COVID-19 health measures to lead the Food and Drug Administration.
Trump selects Rep. Lori Chavez-DeRemer as Labor secretary
Republican Rep. Lori Chavez-DeRemer of Oregon, who narrowly lost her reelection bid earlier this month, received strong backing from union members in her district.
Who is Scott Bessent? What to know about Trump's Treasury secretary pick.
If confirmed, Bessent would runn the department that manages the nation's finances as well as its tax agency, the Internal Revenue Service.
Trump selects Scott Bessent for Treasury secretary
Scott Bessent, the founder of the Connecticut-based hedge fund Key Square Group, had been making a full-court press for the post.
How a Trump Justice Department could shift legal positions at the Supreme Court
Trump's new lawyers will have to decide how to handle hot-button issues before the high court this term, including cases on treatments for transgender youth and on ghost guns.
HealthWatch
More HealthWatch
1 infant dead in California, 9 hospitalized in latest listeria outbreak
Laboratory findings show that Yu-Shang Food ready-to-eat meat and poultry products were making people sick, the CDC said.
E. coli outbreak in St. Louis sickens 106, hospitalizes 2
More than half of the cases involve students, parents and guests of Rockwood Summit High School who attended events where food from Andre's Banquets and Catering was served.
What to know about the newly identified chemical in U.S. drinking water
Researchers have identified a chemical in certain tap water across the United States as chloronitramide anion. Here's what to know.
Whole Foods organic carrots and celery recalled amid E. coli outbreak
Whole Foods Market stores in five states sold recalled carrots and celery sticks that could contain E. coli.
Anti-fraud efforts meet real-world test during ACA enrollment period
The federal government put guardrails in place to limit unauthorized plan sign-ups and switches. But the changes could prove to be a burden to consumers.
World
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Police chief kills himself as troops close in to arrest him in Mexico
The police chief killed himself with his own weapon as marines, National Guard and soldiers closed in to try to arrest him, prosecutors said.
The new missile Russia is using in Ukraine and why it has NATO on edge
Russia's new intermediate-range ballistic missile has NATO members on edge after the missiles were used in a strike on Ukraine early Thursday morning.
AI grandma fights back against scammers
Daisy's mission is two-fold: To waste scammers' time so they can't speak to real people and to draw attention to fraud by warning consumers to be vigilant.
Conor McGregor must pay $250K to woman who says he raped her, Irish civil jury says
The Dublin jury awarded the woman nearly $257,000 for her lawsuit that claimed Conor McGregor "brutally raped and battered" her on Dec. 9, 2018
Frenchman jailed for teen daughter's rape, inviting others to join abuse
A 38-year-old man has been jailed in France for raping his teenage daughter for years and inviting other men, many of them much older, to join in the abuse.
Entertainment
More Entertainment
Should fans sing along in theaters during the "Wicked" movie?
Cynthia Erivo, Ariana Grande, AMC and fans react to the debate over in-theater singing during "Wicked."
Alice Brock, inspiration of Arlo Guthrie's "Alice's Restaurant," dead at 83
Alice Brock, whose Massachusetts-based eatery helped inspire Arlo Guthrie's deadpan Thanksgiving standard, "Alice's Restaurant," has died at age 83.
"Sunday Morning" 2024 "Food Issue" recipe index
Delicious menu suggestions from top chefs, cookbook authors, food writers, restaurateurs, and the editors of Food & Wine magazine.
Ridley Scott on returning for "Gladiator II": "I kept thinking about it"
Ridley Scott returns to ancient Rome with "Gladiator II" nearly 25 years after the Oscar-winning original.
Ridley Scott on his vision for "Gladiator II"
Nearly 25 years after the original "Gladiator" won five Academy Awards, Ridley Scott returns with "Gladiator II," out Nov. 22. Elizabeth Palmer speaks with the director about bringing his epic vision back to life.
Technology
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Technology
Who has the best Black Friday tech prices?
Black Friday is almost here, but some of the hottest tech items are already on sale. CNET senior editor Lisa Eadicicco joins CBS News to discuss high-demand gifts and what retailers offer the best prices.
AI grandma fights back against scammers
Daisy's mission is two-fold: To waste scammers' time so they can't speak to real people and to draw attention to fraud by warning consumers to be vigilant.
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.
Australia could ban social media for kids
Australian legislators introduced a landmark bill Thursday to ban social media for children under 16. CBS News London's Leigh Kiniry reports on what this could mean for social media companies.
DOJ targets Google's search engine monopoly
The Department of Justice on Wednesday filed a motion calling for Google to sell its Chrome search engine, arguing in court documents that "the playing field is not level." The Justice Department is also recommending dissolving any contracts in which Google is the default search engine on devices such as iPhones. Kelly O'Grady explains.
Science
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Science
How are U.S. winters permanently changing?
This winter, the National Oceanic and Atmospheric Administration predicted above-average temperatures throughout the U.S. because of a "slowly developing" La Niña pattern. CBS News Sacramento meteorologist Tracy Humphrey reports on the changing winter conditions.
Emperor penguin found on Australian beach released at sea after 20 days of care
The only emperor penguin known to have swum from Antarctica to Australia was released at sea 20 days after he waddled ashore on a popular tourist beach.
Iceland volcano flares in region's 7th eruption in one year
A volcano erupted in southern Iceland, near the town of Grindavík and the Blue Lagoon spa, marking the region's seventh eruption in a year.
How collecting pine cones helps renew Oregon forests after wildfires
Conservationists are teaming up with the U.S. Forest Service and logging companies to clear scorched land and make room for new reforestation projects.
Restoring forests decimated by wildfires
Large wildfires fueled by climate change have destroyed tens of millions of acres of forests in the Pacific Northwest in recent years. Jonathan Vigliotti explores a major effort underway to restore those forests.
Crime
More Crime
Police chief kills himself as troops close in to arrest him in Mexico
The police chief killed himself with his own weapon as marines, National Guard and soldiers closed in to try to arrest him, prosecutors said.
U.S. accuses former Colombia general of extrajudicial killings
Former general Mario Montoya and his family are barred from traveling to the U.S., Secretary of State Antony Blinken said.
4.78 tons of cocaine, $193,000 in cash found in shipping containers
Prosecutors said eight people were detained following searches carried out in Belgium and the Netherlands earlier this month.
84-year-old Texas man accused of killing roommate and her dog
The man was arrested on an unrelated carjacking warrant and admitted to killing his roommate and her pet.
Georgia woman convicted of killing her toddler gets life in prison
Leilani Simon was spared the maximum punishment of life without a chance of parole.
Space
More Space
Blue Origin launches 6 tourists to the edge of space
Marc and Sharon Hagle, both making their second space flight, were among the passengers for the NS-28 mission.
Blue Origin launches 9th space tourism flight
The ninth Blue Origin space tourism flight launched from West Texas Friday morning. CBS News space consultant Bill Harwood and space expert Scott Heidler offered analysis of the flight.
Trump, Musk attend SpaceX launch
President-elect Donald Trump attended SpaceX's sixth flight test of its Super Heavy-Starship on Tuesday with CEO Elon Musk. The burgeoning friendship between the two men played a key role in Trump's reelection, with Musk now set to run a government efficiency agency in the coming months. CBS News political reporter Jake Rosen and Politico aviation reporter Oriana Pawlyk join "America Decides" with more.
SpaceX launches Super Heavy-Starship, with Trump there to watch
President-elect Donald Trump was on hand with Elon Musk for the sixth test flight of SpaceX's huge Super Heavy-Starship rocket.
Far side of the moon once had erupting volcanoes, lunar soil shows
Researchers analyzed lunar soil brought back by China's Chang'e-6, the first spacecraft to return with a haul of rocks and dirt from the little-explored far side.
Latest Galleries
More Latest Galleries
Notable Deaths in 2024
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Serial killer Rodney Alcala's secret photos
See some of convicted serial killer Rodney Alcala's photographs that were discovered by detectives in a Seattle storage locker.
The troubled marriage of Ashley and Doug Benefield
The seesaw marriage between the former ballerina and her much older husband only lasted four years, until she shot him on Sept. 27, 2020.
Evidence in "The Dexter Killer" case
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.
Summer music heats up 2024
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.
Latest CBS News Videos
More Latest CBS News Videos
Latest CBS News Videos
Most anticipated movies this season
Fandango's November survey discovered which movies are the most highly anticipated ahead of the holiday season. Managing editor Erik Davis joins CBS News to discuss the films people are itching to see and why.
U.S. women's soccer season to end in epic showdown
A historic season of women's soccer is culminating in an epic title showdown. The Washington Spirit will square off with the Orlando Pride in the National Women's Soccer League championship.
How to spice up Thanksgiving dinner
Rosemary's Midtown executive chef Christopher Caliso joins CBS News to discuss new and creative ways to upgrade this year's Thanksgiving dinner.
Who has the best Black Friday tech prices?
Black Friday is almost here, but some of the hottest tech items are already on sale. CNET senior editor Lisa Eadicicco joins CBS News to discuss high-demand gifts and what retailers offer the best prices.
How are U.S. winters permanently changing?
This winter, the National Oceanic and Atmospheric Administration predicted above-average temperatures throughout the U.S. because of a "slowly developing" La Niña pattern. CBS News Sacramento meteorologist Tracy Humphrey reports on the changing winter conditions.