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.
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Facing pressure from President Trump, credit card issuers are exploring ways to ease borrowing costs.
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.
A new lawsuit alleges Bank of America profited from its dealings with convicted sex offender Jeffrey Epstein.
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 fell to the lowest measure on record, new government survey shows.
President Trump said two major banks turned down his business. Here's why conservatives are concerned with so-called debanking.
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.
Government watchdog claims Americans lost hundreds of millions to fraud related to the bank-operated mobile payments network.
Bank of America customers are reporting problems accessing their online accounts, according to DownDetector.
Bank of America is hiking its base pay starting next month and plans to further lift the company's minimum wage in 2025.
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.
Customers with several big U.S. banks expressed frustration after their paychecks didn't show up in their accounts.
A Brink's truck driver was shot outside a Bank of America in South Philadelphia Thursday, police said.
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.
Wall Street bank will pay $250 million for opening fake accounts without customers' knowledge and hitting them with junk fees.
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.
Bank of America CEO Brian Moynihan joined “Face the Nation” to discuss the economy after the nation averted a debt crisis.
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.
Forced sale of a storied investment bank and lax U.S. financial rules are renewing concerns about the banking sector.
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.
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 Brian Moynihan says he expects a "shallow recession" over the next year.
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.
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.
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.
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.
European leaders said they are confident Navalny was poisoned with a toxin found in South American poison dart frogs.
The FBI and sheriff's department have been investigating the disappearance of Nancy Guthrie, the mother of "Today" show co-host Savannah Guthrie, for nearly two weeks.
Secretary of State Marco Rubio made it clear the Trump administration would stick to its guns on policy, but offered a calmer and more reassuring tone.
The strikes were part of Operation Hawkeye Strike, which was launched in retaliation for an ISIS ambush that killed two American soldiers and an interpreter.
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.
He said there should also be proof of citizenship and a ban on mail-in ballots, with some exceptions.
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.
Iranian students, doctors, lawyers, athletes and more have been caught up in a dragnet arresting people believed to be involved in anti-government protests.
Prediction markets are taking bets this Valentine's Day that celebrity relationships can thrive — or break apart.
On this Valentine's Day, a couple recalls everything they had to overcome from long distance to three cancer diagnoses over their nearly 20-year marriage.
Secretary of State Marco Rubio made it clear the Trump administration would stick to its guns on policy, but offered a tone seen as softer and more reassuring.
Interest in matchmakers is rising as Gen Z disenchantment with dating apps grows, experts say.
The FBI and sheriff's department have been investigating the disappearance of Nancy Guthrie, the mother of "Today" show co-host Savannah Guthrie, for nearly two weeks.
Prediction markets are taking bets this Valentine's Day that celebrity relationships can thrive — or break apart.
The inflation reading, the lowest since May 2025, shows grocery, gas and rent prices are cooling.
Amazon's Ring unit touted a "search party" service in its Super Bowl ad, but one critic called the app a "surveillance nightmare."
The Trump administration's new discounted drug platform isn't a game-changer for consumers, health care experts said.
Love is biting consumers this year amid the rising cost of flowers, chocolates and other Valentine's Day staples.
Secretary of State Marco Rubio made it clear the Trump administration would stick to its guns on policy, but offered a tone seen as softer and more reassuring.
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.
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.
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.
He said there should also be proof of citizenship and a ban on mail-in ballots, with some exceptions.
Twenty one states in the U.S. have confirmed cases of measles.
The Trump administration's new discounted drug platform isn't a game-changer for consumers, health care experts said.
The Food and Drug Administration is refusing to consider Moderna's application for a new flu vaccine made with mRNA technology, the company said.
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."
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.
European leaders said they are confident Navalny was poisoned with a toxin found in South American poison dart frogs.
The strikes were part of Operation Hawkeye Strike, which was launched in retaliation for an ISIS ambush that killed two American soldiers and an interpreter.
Iranian students, doctors, lawyers, athletes and more have been caught up in a dragnet arresting people believed to be involved in anti-government protests.
Secretary of State Marco Rubio made it clear the Trump administration would stick to its guns on policy, but offered a tone seen as softer and more reassuring.
The U.S. women's curling team was surprised to learn that their defeat of Canada marked an Olympic first.
"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, 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, 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.
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, 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.
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's Ring unit touted a "search party" service in its Super Bowl ad, but one critic called the app a "surveillance nightmare."
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.
The Federal Trade Commission sent a letter to Tim Cook one day after President Trump circulated a report raising questions about Apple News' practices.
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."
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.
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.
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.
"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.
"Sunday Morning" looks back at historical events on this date.
The FBI and sheriff's department have been investigating the disappearance of Nancy Guthrie, the mother of "Today" show co-host Savannah Guthrie, for nearly two weeks.
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.
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.
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.
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.
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.
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 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.
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.
The new crew will replace four station fliers who returned to Earth ahead of schedule last month due to a medical issue.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
48 Hours correspondent Anne-Marie Green and CBS News correspondent Tracy Smith discuss the case of Connor Hilton, who was 17 in 2023 when he shot two teen boys and claimed his prescription acne medication drove him to kill.
Two New Yorkers bring their business to Florida to introduce the sunshine state to Big Apple food staples. Plus, a powerful story from David Begnaud about a mother-son duo who are using their life experience to help others.
In 2012, 60 Minutes' Dr. Sanjay Gupta reported on the impact of sugar on our health, as studies suggested that sugar contributed to various illnesses, including cancer and heart disease. At the time, pediatric endocrinologist Dr. Robert Lustig called the consumption of added sugars "a public health crisis."
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.
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.