Will Wells Fargo's CEO survive?
Not only could John Stumpf face criminal charges, but the entire banking industry is likely to come under renewed scrutiny
JPMorgan Chase
How hard is it to claw back Wells Fargo's exec pay?
Clawbacks reclaim inflated executive pay in case of fraud or undue risk, but the bank’s rules may not make it easy in this case
Seven years without a raise for this group of workers
If the federal minimum wage had simply been adjusted for inflation over past few decades, today's $7.25 an hour would be $9.65
Stocks eke out late gains to hit more records
Winning streak that began with a strong U.S. jobs report on Friday stretches into a fourth day for U.S. equities
JPMorgan hiking pay for 18,000 tellers, other hourly workers
Nation's largest bank follows major U.S. companies including Target and McDonald's in raising its minimum wage
Britain votes to leave the EU, but will financiers leave London?
After tough talk ahead of the referendum, banks and insurers are now taking a more tempered stance on leaving the U.K. capital
Stocks trampled by global fears after Brexit vote
Dow down more than 600 points as investors rush for the exits after U.K. vote creates flood of unknowns for world economy
The case for cutting some big banks down to size
Why two of Wall Street's top bank analysts argue that at least three institutions are too big for anyone's good
To top this list, you'll need to make $4.7 million per day
Althogh roughly half of all hedge funds lost money last year, 25 managers collectively managed to earn nearly $13 billion
Stocks soar to finish at highest levels of 2016
Sentiment lifted by trade data from China and better-than-expected earnings from banking powerhouse JPMorgan Chase
Dow jumps to 2016 high as investors applaud China data
Financial sector leads Wall Street gains after better-than-expected earnings from banking powerhouse JPMorgan Chase
JPMorgan profit falls as investment bank struggles
But earnings still beat Wall Street expectations, and its shares rose before the stock market opened Wednesday
Inside the $5.1B Goldman Sachs subprime mortgage settlement
No one is going to jail, and approximately half of the settlement is tax deductible -- meaning Goldman Sachs will be getting a tax break that could shave about a billion dollars off the total
Stocks soar on solid economic reports; Dow up 2%
S&P 500 rebounds after three months of declines as Wall Street applauds data and oil hitting a 1-month high
U.S. stocks rebound from punishing week
Bank shares rally after Jamie Dimon buys 500,000 shares of JPMorgan Chase and investors embrace oil's surge
Wells Fargo to pay $1.2B to end home loan mess
Federal suit accused Wall Street firm of misrepresenting the quality of thousands of mortgages
Coming soon: card-free ATMs
JPMorgan Chase to rollout cash machines where you use your cell phone to pull out money
Global fears undermine CEO confidence
A range of factors has corporate executives fretting about their companies' growth prospects this year
Jamie Dimon, Chairman and CEO of JPMorgan Chase has launched a new $75 million initiative to combat youth unemployment in the U.S.
Jamie Dimon, Chairman and CEO of JPMorgan Chase has launched a new $75 million initiative to combat youth unemployment in the United States. CBS News' Lulu Chiang and Gilad Thaler met Dimon at Aviation High School in New York City to discuss the alarming percentage of unemployed youth and see how the private sector can help through backing trade schools.
The airline is combating youth unemployment by recruiting students directly out of high schools
Joanna Geraghty, President of JetBlue Foundation, explains how the airline is combating youth unemployment by recruiting students directly out of high schools. Geraghty discusses the benefits of businesses creating pipelines with trade schools to help the economy.
Aviation High School Senior Naiomi Capellan explains to CBS News how her high school is setting her up for a bright future in the aviation industry
Aviation High School Senior Naiomi Capellan explains to CBS News how her high school is setting her up for a bright future in the aviation industry. For Capellan, her school offers more than a job; It has opened the door to a new set of skills and passions.
JPMorgan Chase takes aim at youth unemployment
A new program launched by the banking firm aims to help put young people on a fruitful career path
The S&P 500, Dow Jones and Nasdaq are all down more than eight percent since the start of the year
Weak demand for oil and China’s slowing economy sent shockwaves through American markets. The S&P 500, Dow Jones and Nasdaq are all down more than eight percent since the start of the year. JPMorgan Chase CEO Jamie Dimon joins “CBS This Morning” to discuss the U.S. economy, politics and unveil a new jobs initiative called New Skills for Youth.
JPMorgan's results rise 9 percent, beat estimates
For the full year, banking giant earned $22.41 billion, up 12 percent from a year earlier
U.S. stocks sink in echoing China-led global rout
S&P 500 tallies worst beginning to a year ever; Nasdaq Composite finishes 3 percent lower
live updates
California windstorm fuels Pacific Palisades wildfire as residents flee
A massive wildfire burning in Los Angeles has forced tens of thousands of people to evacuate.
30,000 residents flee as Palisades Fire grows
Resident Nicolas Libonati said he saw a lot of abandoned cars on the road, and people running toward the coast. "It was kind of a surreal scene," he said.
Jimmy Carter lies in state at the U.S. Capitol as lawmakers pay respects
Former President Jimmy Carter is being remembered in six days of state funeral events.
U.S. asks court to stop plea agreements in alleged 9/11 architect's case
The Justice Dept filed a motion to stop plea deals from moving forward in the war court in Guantanamo Bay, days before Khalid Sheikh Mohammed was set to plead guilty.
Trump won't rule out military action to take control of Greenland as son visits
Greenland's government says Donald Trump Jr. is visiting in a private capacity, so it won't discuss his presence as his father vows to make it part of the U.S.
Tesla Cybertruck bomber used ChatGPT to plan attack, police say
Las Vegas police say the man who exploded a Tesla Cybertruck outside a Trump hotel used ChatGPT to help plan the bombing.
Image shows IED that was placed in French Quarter by truck attacker
Authorities say the New Orleans truck attacker placed two IEDs in the French Quarter. The photo shows rolls of nails and what appears to be a radio receiver inside a cooler.
2 people found dead in JetBlue plane landing gear at Florida airport
The bodies were found during a routine inspection after the plane landed.
Judge temporarily blocks release of special counsel's Trump report
A federal judge has temporarily blocked the Justice Department from releasing a report prepared by special counsel Jack Smith.
U.S.
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live updates
California windstorm fuels Pacific Palisades wildfire as residents flee
A massive wildfire burning in Los Angeles has forced tens of thousands of people to evacuate.
Yellowstone Park shooter spewed racist views before attack, prosecutors say
Prosecutors said the gunman expressed white supremacist and antisemitic views before the shooting at Yellowstone National Park.
Tesla Cybertruck bomber used ChatGPT to plan attack, police say
Las Vegas police say the man who exploded a Tesla Cybertruck outside a Trump hotel used ChatGPT to help plan the bombing.
Image shows IED that was placed in French Quarter by truck attacker
Authorities say the New Orleans truck attacker placed two IEDs in the French Quarter. The photo shows rolls of nails and what appears to be a radio receiver inside a cooler.
30,000 residents flee as Palisades Fire grows
Resident Nicolas Libonati said he saw a lot of abandoned cars on the road, and people running toward the coast. "It was kind of a surreal scene," he said.
MoneyWatch
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Jimmy Carter's funeral will bring some closings. What to expect.
President Joe Biden designated Thursday, Jan. 9, as a national day of mourning for former President Jimmy Carter.
Another potential port strike is looming. Here's what to know.
After reaching a tentative deal that suspended a short strike in October, unionized dockworkers and port operators face another crucial test.
Verizon settlement: Here's how much some customers are getting
Verizon customers reported receiving settlement payments well below the minimum of $15, as stipulated in agreement.
CFPB sues Experian over "sham investigations" into consumer complaints
Experian accused of violating Fair Credit Reporting Act by reinserting disputed information back into credit reports.
U.S. Defense Department bans Tencent and other Chinese companies
Washington seeks to restrict sharing of advanced technology, deeming it a threat to national security.
Politics
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U.S. asks court to stop plea agreements in alleged 9/11 architect's case
The Justice Dept filed a motion to stop plea deals from moving forward in the war court in Guantanamo Bay, days before Khalid Sheikh Mohammed was set to plead guilty.
Jimmy Carter's funeral will bring some closings. What to expect.
President Joe Biden designated Thursday, Jan. 9, as a national day of mourning for former President Jimmy Carter.
Exclusive
U.S. refunding application fees for immigration program for citizens' spouses
The government will issue refunds to tens of thousands of unauthorized immigrants married to American citizens who applied for a program that was struck down in court.
Trump wants to change Gulf of Mexico's name to "Gulf of America"
President-elect Donald Trump said renaming the gulf is "appropriate," blasting Mexico for the migrants crossing the southern border.
Trump allies' lawyer under consideration for top federal prosecutor in D.C.
John Irving, a former federal prosecutor who now represents several Trump-world figures, is under consideration to be named the U.S. attorney in Washington, D.C.
HealthWatch
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Indian officials confirm first cases of HMPV, say "no reason to worry"
Officials in India have confirmed the country's first seven cases of human metapneumovirus, or HMPV, which is reportedly surging in neighboring China.
First bird flu death in U.S. reported in Louisiana
For the first time, bird flu has claimed a human life in the U.S. Louisiana's health department says the patient was over the age of 65 and reportedly had underlying health problems.
What to know about the HMPV virus reported in China
The human metapneumovirus is reportedly surging in China, but should Americans be concerned? Here's what to know about HMPV symptoms and more.
First U.S. bird flu death reported in Louisiana after severe case of H5N1
The Louisiana patient was hospitalized with a severe case of bird flu in the first death in the U.S. caused by the H5N1 virus.
FDA sets limits on lead in some baby foods
But consumer advocates say the Food and Drug Administration's new guidance on lead limit in baby food doesn't go far enough.
World
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Second man charged in Liam Payne's death surrenders to Argentine police
David Ezequiel Pereyra, 21, surrendered Monday to police in Barracas, south of Buenos Aires.
Tennis star accidentally hits woman in stands with thrown racquet
Video of the incident showed a woman in a hat being struck by the racquet as the crowd gasped.
U.S. accuses one side in Sudan's vicious civil war of genocide
The U.S. government has determined that Sudan's RSF paramilitary force and its allies have committed genocide in the country's raging civil war.
U.S. Defense Department bans Tencent and other Chinese companies
Washington seeks to restrict sharing of advanced technology, deeming it a threat to national security.
Iran executed at least 901 people in 2024, U.N. reports
Human rights groups accuse Iran's leader Ayatollah Ali Khamenei of using capital punishment as a tool following nationwide protests.
Entertainment
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Second man charged in Liam Payne's death surrenders to Argentine police
David Ezequiel Pereyra, 21, surrendered Monday to police in Barracas, south of Buenos Aires.
Peter Yarrow of Peter, Paul and Mary dies at age 86
Peter Yarrow was a singer-songwriter and a social activist, but he was best known as one-third of the folk-music group Peter, Paul and Mary.
Meredith Vieira's husband Richard Cohen dies at 76
Former "Today" anchor Meredith Vieira's husband, journalist Richard Cohen, died on Christmas Eve at 76, the talk show's current hosts said Tuesday.
NAACP Image Awards nominees
Grammy-nominated artist Chlöe Bailey and NAACP President Derrick Johnson join "CBS Mornings" to announce nominees for the 56th NAACP Image Awards. The awards honor the achievements and performances of people of color across various fields.
Aubrey Plaza issues first statement since husband Jeff Baena's death
The actor Aubrey Plaza has spoken out for the first time since her husband Jeff Baena's death last week. He was 47.
Technology
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Technology
AI is center stage at 2025 CES
The 2025 Consumer Electronics Show was underway in Las Vegas on Tuesday. The annual trade conference spotlights some of the newest technological innovations from companies across the globe. Jason Hiner, editor-in-chief for tech news site ZDNET joins "The Daily Report" to discuss.
Meta to stop fact-checking on Instagram, Facebook
Meta, parent company of Facebook and Instagram, announced Tuesday that its platforms will eliminate their third-party fact-checking systems. NPR correspondent Shannon Bond joins "The Daily Report" to discuss what that could mean for users moving forward.
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.
Meta to end fact-checking on its platforms
Mark Zuckerberg announced Tuesday that Meta is ending its fact-checking program for its platforms, which include Instagram and Facebook. President-elect Donald Trump said Tuesday he believed the change might be due to political threats he has made against Zuckerberg and his company in the past. Kelly O'Grady reports.
U.S. Defense Department bans Tencent and other Chinese companies
Washington seeks to restrict sharing of advanced technology, deeming it a threat to national security.
Science
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Science
Jimmy Carter's environmental legacy
As the U.S. Capitol prepares to honor former President Jimmy Carter, Rolling Stone climate reporter Jeff Goodell looks back on his environmental legacy.
U.K.'s biggest dinosaur footprint site discovered: "So surreal"
It is hoped the discovery will provide clues about how dinosaurs interacted, as well as their size and the speeds at which they moved.
What to know about tonight's "black moon"
It may sound spooky, but a black moon is nothing ominous.
Northern lights may be visible in parts of the U.S. New Year's Eve
Solar storms may bring northern lights to several states in the northern U.S. just in time for New Year's Eve, but cloud cover may put a damper on festivities.
New species, including "blob-headed" fish, identified across world in 2024
Hundreds of new species across the globe were identified by scientists in 2024.
Crime
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Yellowstone Park shooter spewed racist views before attack, prosecutors say
Prosecutors said the gunman expressed white supremacist and antisemitic views before the shooting at Yellowstone National Park.
Image shows IED that was placed in French Quarter by truck attacker
Authorities say the New Orleans truck attacker placed two IEDs in the French Quarter. The photo shows rolls of nails and what appears to be a radio receiver inside a cooler.
Sons of "El Chapo" are negotiating plea deals with U.S. prosecutors
Ovidio Guzmán López and Joaquin Guzmán López didn't appear at the hearing in Chicago on Tuesday where prosecutors said they needed more time.
Louisiana mayor arrested after drug trafficking investigation
Seven people — including Tyrin Truong, mayor of Bogalusa, Louisiana — are facing charges issued in connection with a drug trafficking investigation.
Man pleads not guilty to setting woman on fire on NYC subway
Sebastian Zapeta, the man accused of setting a woman on fire on the NYC subway, pleads not guilty in the death of Debrina Kawam.
Space
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NASA studies options to rein in cost of Mars Sample Return mission
NASA hopes a revised plan will get Mars samples back to Earth faster and cost less than the agency's original plan.
Webb telescope spots record number of stars in distant galaxy
A phenomenon called gravitational lensing turned a galaxy into a "hall of mirrors of cosmic proportions," allowing for the discovery.
NASA probe beams home update after record-breaking flyby of sun
NASA said scientists began receiving more detailed telemetry — or "housekeeping data" — from the spacecraft on New Year's Day.
When and where to see the Quadrantids, 2025's first meteor shower
The first meteor shower of 2025 is about to peak. Here's how to watch and where you can see the Quadrantids.
Space debris weighing over 1,000 pounds crashes into Kenya village
Officials said they were investigating fragments of metal, believed to be from a rocket, that crashed into a village in the country's south.
Latest Galleries
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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.
The Scott Peterson case: New evidence?
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 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.
Texas couple investigates teen daughter's unusual death
Cayley Mandadi's mother and stepfather go to extreme lengths to prove her death was no accident.
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.
Latest CBS News Videos
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Latest CBS News Videos
AI is center stage at 2025 CES
The 2025 Consumer Electronics Show was underway in Las Vegas on Tuesday. The annual trade conference spotlights some of the newest technological innovations from companies across the globe. Jason Hiner, editor-in-chief for tech news site ZDNET joins "The Daily Report" to discuss.
Wildfire surrounds high school in California
The Pacific Palisades neighborhood of Los Angeles is facing a wildfire fueled by high winds. CBS News Los Angeles' Jasmine Viel reports that the Palisades Charter High School is surrounded by flames. Viel was hit with some embers, but she is OK.
2 found dead in plane's landing gear
Two people were found dead in the landing gear compartment of a JetBlue plane in Florida on Monday night. CBS News' Cristian Benavides has more details.
On-the-ground look at California wildfire
Southern California is facing a life-threatening windstorm as a brush fire in the Pacific Palisades region of Los Angeles burns hundreds of acres. Thousands have evacuated amid the fast-moving flames. CBS News Los Angeles' Jasmine Viel, Alys Martinez and Tom Wait reports from the ground.
Pressure grows for ceasefire and hostage deal
The United Arab Emirates, the U.S., Israel and other nations are in discussion for a joint, temporary administration of the Gaza Strip after the war ends, according to Reuters. CBS News foreign correspondent Ramy Inocencio reports on the latest from the region.