Bank of America may introduce credit card with 10% APR
Facing pressure from President Trump, credit card issuers are exploring ways to ease borrowing costs.
Bank of America
Full interview: Brian Moynihan
Watch Margaret Brennan's full interview with Bank of America CEO Brian Moynihan, a portion of which aired on Dec. 28, 2025. Editor's note: This interview was recorded on Dec. 17, 2025.
Bank of America sued over alleged financial ties to Jeffrey Epstein
A new lawsuit alleges Bank of America profited from its dealings with convicted sex offender Jeffrey Epstein.
ATM fees are at a record high, study finds. Here's why.
ATM fees for out-of-network cash withdrawals average $4.86 nationwide — the highest on record, according to aBankrate survey.
Americans' confidence in finding a new job is crumbling
Americans' confidence in finding a new job fell to the lowest measure on record, new government survey shows.
Trump claims banks discriminate against conservatives through debanking
President Trump said two major banks turned down his business. Here's why conservatives are concerned with so-called debanking.
Bank of America report on consumer spending
A new report from Bank of America is showing signs of slowing consumer spending with people stocking up in anticipation of President Trump's tariff policies going into effect. David Tinsley, senior economist at the Bank of America Institute, joined CBS News to discuss the report.
Feds sue Zelle, alleging nation's biggest banks failed to stop fraud
Government watchdog claims Americans lost hundreds of millions to fraud related to the bank-operated mobile payments network.
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 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.
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.
"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.
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.
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.
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.
DHS shutdown begins as funding expires without a deal in Congress
It's the second time in as many weeks that government funding has lapsed as Democrats and the White House remain at an impasse over immigration enforcement policies.
What services will be affected by the DHS government shutdown?
Funding for the Department of Homeland Security expired at the end of the day Friday. Here's what will be affected.
Nancy Guthrie search activity ramps up near her home in Tucson, Arizona
The FBI and sheriff's department have been searching Nancy Guthrie, the mother of "Today" show co-host Savannah Guthrie, for nearly two weeks.
Arizona sheriff in Nancy Guthrie search defends sending DNA to Florida lab
Pima County Sheriff Chris Nanos said the results that investigators have received from DNA testing in the Nancy Guthrie case so far haven't led to a suspect.
ICE agents on leave for lying under oath in Minneapolis shooting investigation
Todd Lyons, the acting head of Immigration and Customs Enforcement accused two federal agents of lying under oath regarding the mid-January shooting of a Venezuelan national in Minneapolis.
Trump vows to require voter ID in midterms "whether approved by Congress or not"
He said there should also be proof of citizenship and a ban on mail-in ballots, with some exceptions.
Ilia Malinin misses Olympic medal after falling in free skate, finishes 8th
In a shocking twist at the 2026 Winter Olympics, American figure skater Ilia Malinin didn't make it to the podium after falling twice during the free skate. Kazakhstan's Mikhail Shaidorov took home the gold.
Tillis suggests Warsh faces long Fed chair nomination process
GOP Sen. Thom Tillis of North Carolina says he won't support the confirmation of any Fed nominee until the Justice Dept.'s investigation into chairman Jerome Powell is resolved.
U.S. women's curling team slides to victory over Canada in an Olympic first
The U.S. women's curling team was surprised to learn that their defeat of Canada marked an Olympic first.
U.S.
More U.S.
Nancy Guthrie search activity ramps up near her home in Tucson, Arizona
The FBI and sheriff's department have been searching Nancy Guthrie, the mother of "Today" show co-host Savannah Guthrie, for nearly two weeks.
U.S. women's curling team slides to victory over Canada in an Olympic first
The U.S. women's curling team was surprised to learn that their defeat of Canada marked an Olympic first.
"We were all scared," says child who ran as ICE operation unfolded near school bus stop
Dylan, who is a U.S. citizen, told CBS News the day seemed normal — until he heard his classmates suddenly start shouting "ICE."
U.S. women's hockey tops Italy 6-0 to advance to Winter Olympics semifinals
Kendall Coyne Schofield scored twice and top-seeded United States routed Olympic host Italy 6-0 in a lopsided, festive and sometimes chippy women's hockey quarterfinal at the Milan Cortina Games.
After 33 years on the route, a New Jersey mailman who loved helping people retires
For the past 33 years, Joe DiTore has really delivered for people in Demarest, New Jersey, both in their mailboxes and their personal lives.
MoneyWatch
More MoneyWatch
January CPI report is the best inflation news in months. Here's why.
The inflation reading, the lowest since May 2025, shows grocery, gas and rent prices are cooling.
Amazon ends Flock partnership after backlash over Super Bowl ad
Amazon's Ring unit touted a "search party" service in its Super Bowl ad, but one critic called the app a "surveillance nightmare."
Can TrumpRx help you save money on drugs? Here's what experts say.
The Trump administration's new discounted drug platform isn't a game-changer for consumers, health care experts said.
Romance costs more this year as inflation lifts Valentine's Day gift prices
Love is biting consumers this year amid the rising cost of flowers, chocolates and other Valentine's Day staples.
CPI rose at an annual rate of 2.4% in January, cooler than expected
Inflation came in below economists' forecasts and slowed from December's 2.7% annual rate.
Politics
More Politics
DHS shutdown begins as funding expires without a deal in Congress
It's the second time in as many weeks that government funding has lapsed as Democrats and the White House remain at an impasse over immigration enforcement policies.
Why is the U.S. government exploring using high-energy lasers near the border?
The FAA imposed a surprise flight ban over El Paso earlier this week amid disagreements within the U.S. government over the use of a high-energy laser against drones at the border.
White House files most detailed plans yet for Trump ballroom, East Wing renovation
The filing includes new renderings of the new East Wing, relative to other buildings close to the ballroom and from vantage points near the U.S. Capitol, Jefferson Memorial and points around the White House campus.
Trump vows to require voter ID in midterms "whether approved by Congress or not"
He said there should also be proof of citizenship and a ban on mail-in ballots, with some exceptions.
Tillis suggests Warsh faces long Fed chair nomination process
GOP Sen. Thom Tillis of North Carolina says he won't support the confirmation of any Fed nominee until the Justice Dept.'s investigation into chairman Jerome Powell is resolved.
HealthWatch
More HealthWatch
Measles cases at university in Florida soar to nearly 60
Twenty one states in the U.S. have confirmed cases of measles.
Can TrumpRx help you save money on drugs? Here's what experts say.
The Trump administration's new discounted drug platform isn't a game-changer for consumers, health care experts said.
Moderna says FDA refuses its application for new mRNA flu vaccine
The Food and Drug Administration is refusing to consider Moderna's application for a new flu vaccine made with mRNA technology, the company said.
What to know about a new study on coffee, tea and dementia risk
CBS News medical contributor Dr. Céline Gounder said the results of the study on coffee drinkers having lower risk of dementia should be taken "with a massive grain of salt."
Thousands of mothers were flagged to police over flawed drug tests at childbirth
The Marshall Project found more than 70,000 cases referred to law enforcement over allegations of substance use during pregnancy — and that's a significant undercount.
World
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U.S. women's curling team slides to victory over Canada in an Olympic first
The U.S. women's curling team was surprised to learn that their defeat of Canada marked an Olympic first.
U.S. women's hockey tops Italy 6-0 to advance to Winter Olympics semifinals
Kendall Coyne Schofield scored twice and top-seeded United States routed Olympic host Italy 6-0 in a lopsided, festive and sometimes chippy women's hockey quarterfinal at the Milan Cortina Games.
Ilia Malinin misses Olympic medal after falling in free skate, finishes 8th
In a shocking twist at the 2026 Winter Olympics, American figure skater Ilia Malinin didn't make it to the podium after falling twice during the free skate. Kazakhstan's Mikhail Shaidorov took home the gold.
Fugitive arrested after arriving at Olympics to watch hockey
A man who was wanted by Italian authorities for a series of 2010 thefts was arrested when he arrived at the Olympics on Wednesday.
CEO of Dubai's largest port replaced after ties to Epstein revealed
Sultan Ahmed bin Sulayem, CEO and chairman of Dubai's DP World, appears in the Epstein files more than 4,700 times, according to the Justice Dept.
Entertainment
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Entertainment
"Sinners" cinematographer could make history
"Sinners" cinematographer Autumn Durald Arkapaw says she doesn't want the audience to notice her work because "you wanna make it so good it feels like a dream." The Oscar nominee is the first woman of color nominated in the cinematography category and only the fourth woman ever. It's the only Oscars craft category never won by a woman. She talks about her career journey to this historic moment.
Constance Zimmer on "The Lincoln Lawyer"
Constance Zimmer, who stars in the new season of "The Lincoln Lawyer," talks about how she channels her powerful character in the series and why it's important for her to always make her characters relatable.
James Van Der Beek dies after cancer battle
James Van Der Beek, known for starring in "Dawson's Creek" and "Varsity Blues," died Wednesday at the age of 48 after a battle with colorectal cancer. Vladimir Duthiers reports on the beloved actor's career.
"Dawson's Creek" co-stars remember James Van Der Beek: "One in a billion"
Katie Holmes and Busy Philipps are among the "Dawson's Creek" cast members sharing memories of James Van Der Beek after his death at age 48.
James Van Der Beek of "Dawson's Creek" dies at 48
James Van Der Beek, star of "Dawson's Creek" and "Varsity Blues," has died at age 48, according to his publicist and a post from his wife on social media. Carter Evans has more on his life and career.
Technology
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Technology
Viral essay urges people to prepare for AI
If you've been on social media this week, you've likely seen an ominous warning about artificial intelligence in your feed: "Something big is happening." An essay from the CEO of an AI company, Matt Shumer, likens the current moment to February 2020, right before the start of COVID. Nate Soares, co-author of "If Anyone Builds It, Everyone Dies," joins to discuss.
Amazon ends Flock partnership after backlash over Super Bowl ad
Amazon's Ring unit touted a "search party" service in its Super Bowl ad, but one critic called the app a "surveillance nightmare."
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.
FTC warns Apple's Tim Cook over alleged political bias in Apple News app
The Federal Trade Commission sent a letter to Tim Cook one day after President Trump circulated a report raising questions about Apple News' practices.
Russia blocks WhatsApp as it pushes state-backed alternative on citizens
The messaging platform WhatsApp says Russia has "attempted to fully block" its service inside the country, "to drive people to a state-owned surveillance app."
Science
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Science
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.
Mysterious dark matter seen in new map of distant galaxies
Dark matter doesn't absorb or give off light so scientists can't study it directly. But they can observe how its gravity warps and bends the star stuff around it.
Cow develops technique to scratch herself
"CBS Saturday Morning" learns more about Veronika, the clever cow who figured out multiple ways to scratch herself with a broom. It was the first time a cow was seen using a tool.
Almanac: January 18
"Sunday Morning" looks back at historical events on this date.
Crime
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Nancy Guthrie search activity ramps up near her home in Tucson, Arizona
The FBI and sheriff's department have been searching Nancy Guthrie, the mother of "Today" show co-host Savannah Guthrie, for nearly two weeks.
Latest on Guthrie search
The FBI is now calling the "subject" in the surveillance video of Nancy Guthrie's front porch a suspect. The agency has also released its first description of the 84-year-old's alleged kidnapper. CBS News reporter Andres Gutierrez has the details.
Arizona sheriff in Nancy Guthrie search defends sending DNA to Florida lab
Pima County Sheriff Chris Nanos said the results that investigators have received from DNA testing in the Nancy Guthrie case so far haven't led to a suspect.
Girl looking for a date to a school dance was murdered a week later
Mary Kay Heese, 17, was found stabbed to death in a field in March 1969. Fifty-five years later, a suspect was arrested — someone who had been on investigators' radar for decades.
Sheriff on nonuse of FBI lab in Guthrie case
The Pima County Sheriff's Department is using a third-party lab to process DNA in the Nancy Guthrie case rather than leaning on the FBI in Quantico. Sheriff Chris Nanos explained the decision to CBS News correspondent Jonathan Vigliotti.
Space
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Space
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.
ULA rocket has booster problem while launching classified Space Force payloads
A United Launch Alliance Vulcan rocket carrying classified Space Force payloads suffered a booster problem but apparently made an otherwise "nominal" ascent to space, the company said.
New space station crew eager for Wednesday launch
The new crew will replace four station fliers who returned to Earth ahead of schedule last month due to a medical issue.
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
Pool maintenance at Nancy Guthrie's home
Activity at Nancy Guthrie's home on Friday included pool maintenance in her backyard. Earlier in the week, a delivery driver accidentally tried to drop off a pizza at the front door. Former FBI special agent Jeff Harp and former FBI supervisory special agent Dennis Franks join CBS News to discuss.
Former NYPD detective says Nancy Guthrie case is complex
Federal authorities are offering a $100,000 reward for any information leading to an arrest of the possible kidnapper or something that would lead to Nancy Guthrie's location. Former New York City police detective Herman Weisberg, joins "The Daily Report" to discuss.
Former NYPD detective on Nancy Guthrie case
Retired FBI hostage negotiator and special agent Chip Massey joins "The Daily Report" to discuss the Nancy Guthrie investigation.
Beloved mailman retires after 33 years of service
For the past 33 years, Joe DiTore has really delivered for people in Demarest, New Jersey, both in their mailboxes and their personal lives. Steve Hartman has the story "On the Road."
True crime podcaster on Nancy Guthrie case
The FBI has now doubled the reward for any information leading to the 84-year-old mother of "Today" show co-host Savannah Guthrie or an arrest in the case. True Crime Arizona podcast host Briana Whitney and Eric O'Neill, a former FBI counterintelligence operative, join "The Daily Report" to discuss the case. Plus, CBS News' Anna Schecter answers viewers' questions.