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U.S. Treasury Secretary Janet Yellen is calling on China to end what she calls "unfair economic practices" during a trip to Beijing, where she's having high-stakes meetings with senior Chinese officials. CBS News senior foreign correspondent Elizabeth Palmer is in the Chinese capital with more.
Yellen calls out treatment of U.S. firms in China; Upcoming Barney movie targeting adults rather than children.
Treasury Secretary Janet Yellen is the second top-ranking Biden administration official to visit China in recent weeks.
U.S. Treasury Secretary Janet Yellen arrived in China earlier Thursday morning. During her trip, she will meet with Chinese senior officials as well as U.S. firms doing business in the country. Her trip is part of an effort to relieve strained economic relations between the two world powers. CBS News senior foreign correspondent Elizabeth Palmer is following it all from Beijing.
U.S. Treasury Secretary Janet Yellen is in Beijing in an effort to revive relations between the U.S. and China. Yellen's trip is scheduled until July 9. Elizabeth Palmer reports.
The Biden administration is moving to restrict Chinese companies from accessing U.S. cloud-computing services ahead of Treasury Secretary Janet Yellen's trip to Beijing. Earlier this week, China imposed restrictions on the exports of two minerals used in advanced chip manufacturing. Robert Ross, non-resident fellow at the Quincy Institute, joins CBS News to discuss what the U.S. stands to gain from Yellen's visit.
Treasury Secretary Janet Yellen is traveling to China in an attempt to ease tensions on a range of economic and security issues. CBS News reporter Sarah Ewall-Wice has more.
Treasury Secretary Janet Yellen will visit China on Thursday as part of an ongoing push from the U.S. to try and stabilize relations with Beijing. Yellen will meet with senior Chinese officials and leaders of U.S. companies operating in China. CBS News reporter Sarah Ewall-Wice joins to discuss the main priorities of Secretary Yellen's visit.
Janet Yellen's trip comes on the heels of Secretary of State Antony Blinken's trip to China in June.
The House passed the bill to raise the debt ceiling Wednesday. Now, the Senate will take it up.
Treasury Secretary Janet Yellen announced Friday that the estimated deadline that the government could begin to default on its debts has been pushed back from June 1 to June 5, giving negotiators an extra four days to reach a deal on raising the nation's debt ceiling. House Speaker Kevin McCarthy has expressed optimism that it will get done in time. CBS News congressional correspondent Scott MacFarlane has the latest.
With the White House and Republican congressional leaders still negotiating a deal to raise the nation's debt ceiling, U.S. Treasury Secretary Janet Yellen provided some positive news Friday, when she pushed back the estimated deadline that the government could begin to default on its debts from June 1 to June 5. Scott MacFarlane has the latest.
President Biden and congressional leaders met again Tuesday, but still have not reached a deal on raising the debt limit. Treasury Secretary Janet Yellen warns the U.S. may not be able to pay its bills as early as June 1. Ed O'Keefe reports.
Secretary Janet Yellen told Congress Monday that the Treasury Department has already seen borrowing costs "increase substantially" for securities maturing in early June.
President Biden and congressional leaders postponed a meeting scheduled for Friday on the debt ceiling, but talks were ongoing between White House staff and aides to the lawmakers. CBS News reporter Sarah Ewall-Wice joined Anne-Marie Green to discuss the latest in the discussions.
Millions of Social Security recipients "need to be very careful" about spending because payments could be delayed, one expert said.
Economic data released Thursday shows that U.S. wholesale price increases decelerated in April and unemployment claims increased in the week ending May 6. Meanwhile, Treasury Secretary Janet Yellen warns that if the U.S. defaults on its debt, it could threaten the global economy. Jeanna Smialek, a Federal Reserve and economy reporter at the New York Times, joins CBS News to discuss.
The treasury secretary also told G-7 finance ministers and central bank chiefs meeting in Japan that a first-ever U.S. default on its debts is "unthinkable."
A union representing federal employees is calling the law governing the debt limit unconstitutional in a new lawsuit.
Treasury Secretary Janet Yellen said last week that the U.S. could default on its debt obligations as soon as June 1. House Financial Services Committee chair Rep. Patrick McHenry says Republicans have no "red lines" in negotiations, "other than that we have to address our fiscal house at a time when federal spending is up more than 40% from pre-COVID levels."
As Congress and the White House face down a deadline to raise the debt ceiling, the U.S. moves closer to a possible default. CBS News' Errol Barnett has a look at why the U.S. handles its debt differently than any other nation.
A Senate committee is holding a hearing Thursday on a bill passed by House Republicans to raise the debt ceiling and slash trillions of dollars in government spending. CBS News congressional correspondent Nikole Killion discusses the ongoing debt limit debate following Treasury Secretary Janet Yellen's warning that the U.S. could default on its debt as early as June 1.
Ninety percent of small business owners want the government to avoid default, according to one survey.
A decision is expected Wednesday from the Federal Reserve on whether to raise interest rates again. CBS News reporter Sarah Ewall-Wice joined CBS News' Anne-Marie Green to discuss what to expect from the Fed and what Democratic lawmakers could do in regard to interest rates.
President Biden invited congressional leaders to a meeting next week to discuss the debt ceiling. Treasury Secretary Janet Yellen said the U.S. government might not be able to pay its bills by June 1 if Congress does not raise or suspend the debt limit. Nancy Cordes reports from the White House.
The stopgap measure will fund the government and provide tens of billions in disaster relief.
Police say the driver is under arrest after plowing into the crowd at a Christmas market in Magdeburg, Germany, killing at least five people - including a 9-year-old - and injuring 200 others.
The House Ethics Committee voted to release its report on the investigation into former Rep. Matt Gaetz on Dec. 5, according to multiple sources.
Rickey Henderson is widely considered to be one of the best leadoff hitters and base stealers in baseball.
Mark Burnett helped produce hits like "Survivor" and "The Voice," but is perhaps best known for teaming up with President-elect Donald Trump for "The Apprentice," which first aired in 2004.
An F/A-18 fighter jet was "mistakenly fired on" by the guided missile cruiser USS Gettysburg, authorities said.
NYPD Chief of Department Jeffrey Maddrey has resigned following allegations of sexual misconduct, the department says.
The suspect drove through the doors of a JC Penny in Killeen, Texas, and continued inside for "several hundred yards," an official said.
Party City informed employees in an email on Friday that it was conducting an immediate "mass layoff" at its headquarters.
After California man's death sentence is overturned, there's a renewed push to clear him.
The suspect drove through the doors of a JCPenny in Killeen, Texas, and continued inside for "several hundred yards," an official said.
Lara Trump, the daughter-in-law of President-elect Donald Trump, says she's removing herself from consideration for Marco Rubio's Senate seat.
Party City informed employees in an email on Friday that it was conducting an immediate "mass layoff" at its headquarters.
Rickey Henderson is widely considered to be one of the best leadoff hitters and base stealers in baseball.
Party City informed employees in an email on Friday that it was conducting an immediate "mass layoff" at its headquarters.
Senators approve a bill to expand Social Security benefits to millions of Americans, with President Biden expected to sign it into law.
Here's what's driving up home heating costs, and how much families are expected to spend this winter.
The IRS said it's sending out checks worth up to $1,400 to 1 million people. Here's what to know about the "special payments."
Government watchdog claims Americans lost hundreds of millions to fraud related to the bank-operated mobile payments network.
An F/A-18 fighter jet was "mistakenly fired on" by the guided missile cruiser USS Gettysburg, authorities said.
Lara Trump, the daughter-in-law of President-elect Donald Trump, says she's removing herself from consideration for Marco Rubio's Senate seat.
Mark Burnett helped produce hits like "Survivor" and "The Voice," but is perhaps best known for teaming up with President-elect Donald Trump for "The Apprentice," which first aired in 2004.
The Senate confirmed two more judges to the federal bench on Friday, giving President Biden a total of 235 since he took office.
Historians say Trump falsely said he was the only president to collect revenue from tariffs on Chinese goods, among other claims.
Thirteen states reported "high" or "very high" levels of flu-like illness last week, according to the U.S. Centers for Disease Control and Prevention. That's double the number of states from the week before. Ali Bauman reports.
Isaac Klapper was 10 years old when he started having episodes of what doctors initially thought was a movement disorder.
Humans aren't alone when it comes to yawning — all vertebrates do it. But why? An expert explains the likely reason behind this "evolutionarily ancient" act.
Skin care is all the rage for teens and tweens these days, but be careful not to give products that could cause more harm than good.
A Chicago man was stuck with a big medical bill after undergoing a colonoscopy that found no evidence of cancer. Here's why.
An F/A-18 fighter jet was "mistakenly fired on" by the guided missile cruiser USS Gettysburg, authorities said.
Pope Francis has told Vatican bureaucrats to stop speaking ill of one another, calling gossip "an evil that destroys social life."
In 2024, more than 10,000 people died in traffic accidents in Brazil, according to the Ministry of Transportation.
Inside Gaza, mourners held funerals for 19 people, 12 of them children, killed in Israeli strikes.
The suspect, identified by local media as 50-year-old Taleb A., was arrested after plowing a black BMW into a Christmas market crowded with holiday shoppers in Magdeburg, Germany, killing at least five people and wounding more than 200 others.
Hollywood star Blake Lively is accusing her "It Ends With Us" co-star Justin Baldoni of sexual harassment in a new lawsuit. His attorney has denied the allegations.
The lawsuit lays out Blake Lively's allegations against Justin Baldoni during their time working on "It Ends with Us."
The New York City Ballet has been performing "The Nutcracker" for decades. Each year, young dancers make their mark on the ballet.
Director Robert Eggers' highly-anticipated horror film "Nosferatu" will hit theaters on Christmas Day. The acclaimed director sat down with CBS Saturday Morning to talk about bringing the classic vampire tale to a new audience.
50 years ago, "The Godfather Part II" was playing in theaters nationwide. The film catapulted Lee Strasberg, whose namesake form of acting preparation was used by some of the film's leads, to stardom. Dozens of the entertainment industry's biggest stars have trained at his institute, learning the techniques of method acting. Michelle Miller went behind the scenes to learn more about "The Method Man."
The Supreme Court said Wednesday it will hear an appeal from TikTok over a federal law that would ban the social media giant if it is not sold by its Chinese parent company. Jan Crawford has more.
Elliston Berry's life was turned upside down after a photo she posted on Instagram was digitally altered online to be pornographic.
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 Supreme Court plans to hear arguments in January on a challenge to a new law that could lead to the popular social media app TikTok being banned in the U.S. The Biden administration and lawmakers say the Chinese government's ability to collect data from TikTok poses a significant national security risk, while the app and its Chinese parent company ByteDance argue that the law is unconstitutional. CBS News Supreme Court producer Catherine Cole has more.
FAA data shows that lithium battery fires on U.S. flights have risen 388% since 2015, now occurring nearly twice a week.
The 2024 winter solstice, the shortest day of the year, happens on Saturday, Dec. 21, and is marked with traditions and celebrations around the world.
This week a group of plaintiffs in Missouri, Kansas, California and Florida filed a class-action lawsuit against dozens of companies and organizations, claiming they've falsely promoted how easy it is to recycle plastics. CBS News Los Angeles climatologist Marina Jurica has the details.
Humans aren't alone when it comes to yawning — all vertebrates do it. But why? An expert explains the likely reason behind this "evolutionarily ancient" act.
Early Americans may have spent millennia sharing prehistoric savannas and wetlands with enormous beasts, research shows.
The Environmental Protection Agency under President Biden created a new Office of Environmental Justice that seeks to address pollution levels in disadvantaged and marginalized communities. However, there is concern that the incoming Trump administration could do away with the new department. David Schechter reports.
After California man's death sentence is overturned, there's a renewed push to clear him.
The suspect drove through the doors of a JCPenny in Killeen, Texas, and continued inside for "several hundred yards," an official said.
Luigi Mangione, now held in a New York City lock-up, could face the death penalty if convicted of the shooting death of UnitedHealthcare CEO Brian Thompson. The killing is sparking new concerns about violent extremism bubbling across the country.
At least two people are dead and dozens more injured after a vehicle plowed into a crowd at a Christmas market in Magdeburg, Germany. Authorities say the driver of the car was arrested and that it appears to be a deliberate attack. Elaine Cobbe has details.
At least two people were killed and over 60 were injured after a car crashed into a Christmas market in eastern Germany. Authorities arrested a suspect, saying they believe he acted alone in the deliberate act. CBS News national security contributor Sam Vinograd has more details.
New analysis techniques and decades-old research helped NASA scientists identify an unusual black hole in a distant galaxy.
Here's why NASA astronauts Suni Williams and Butch Wilmore are stuck, but not stranded, at the International Space Station after launching into space in June.
NASA has delayed the return date for Boeing's Starliner astronauts Butch Wilmore and Suni Williams. CBS News' Manuel Bojorquez reports on the decision to keep the two in space.
NASA Administrator Bill Nelson says he's optimistic the Trump administration will support the space agency's agenda.
Two astronauts who have been stuck in space since June will have to wait until at least the end of March to come home after NASA on Wednesday again pushed back their return date. Derrick Pitts, chief astronomer for the Franklin Institute, joined CBS News to discuss what's causing the delays.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Peterson's death sentence for the murder of his pregnant wife Laci has been overturned. Now his supporters are pushing for a complete retrial.
The seesaw marriage between the former ballerina and her much older husband only lasted four years, until she shot him on Sept. 27, 2020.
Cayley Mandadi's mother and stepfather go to extreme lengths to prove her death was no accident.
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.
Here's a look at the top stories making headlines on the "CBS Weekend News" with David Wade.
Many kids will be getting tablets or video games this holiday season. But this Boston boy has put down the gadgets and lifted up his entire neighborhood. David Wade reports.
The Chicago group Holiday Heroes seeks to bring joy and light to brave children at 18 different hospitals. Noel Brennan has more.
Hollywood star Blake Lively is accusing her "It Ends With Us" co-star Justin Baldoni of sexual harassment in a new lawsuit. His attorney has denied the allegations.
President-elect Donald Trump this week once again issued several taunts directed at America's largest trading partner, Canada, and Justin Trudeau, its prime minister. Christian Benavides has the latest.