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President Biden is cutting his trip to Asia short as negotiations on the debt ceiling continue. The U.S. is counting down to a June 1 deadline when the government could default on its debt. CBS News correspondent Ramy Inocencio reports on the effect a U.S. default could have on the world economy, as well as other top economic news overseas.
Mormon church investment fund whistleblower explains the concept of tithing and where the money goes after its collected.
60 MINUTES reports on the $100 billion fortune built by the secretive investment arm of the Church of Jesus Christ of Latter-day Saints and a whistleblower’s allegation that instead of spending the money on good works, hundreds of millions were used to bail out businesses with church ties.
With many jobs going remote since the start of the COVID-19 pandemic, many office buildings remain empty. Many of those buildings were financed by loans from regional banks, and as their valuations have gone down, this has in turn contributed to the major Wall Street hit those bank stocks have taken. Carter Evans has more.
President Biden will meet with congressional leaders from both parties to discuss the debt ceiling. It comes as the U.S. Treasury Department says the nation could run out of money to pay its debt by as early as June 1. The Republican-controlled House last week passed a plan that would only raise the debt limit by making vast cuts to the U.S. budget. Ed O'Keefe reports from the White House.
New polling from Gallup shows that 48% of Americans are worried about their money in banks and other financial institutions, and Republicans and Independents are more concerned about the safety of their money than Democrats. Axios markets correspondent Emily Peck discusses bank deposits and the FDIC with CBS News' Vlad Duthiers and Anne-Marie Green.
Sales of a tulip mix dubbed Ethan's Smile are raising funds and hopes for college students in Washington state. The tulip mix is named after Ethan Chapin, one of the four University of Idaho students killed in November. Lilia Luciano reports.
The Labor Department's latest report shows employers added 253,000 jobs in April. Daniel Altman, chief economist at Instawork, breaks down the findings.
A string of financial industry failures may be alarming to some bank customers. Here's what you should know.
Many Americans are struggling to save money as inflation keeps costs high. Jennifer Streaks, a senior personal finance reporter for Business Insider, shares tips on how to increase financial stability.
The eight Ivy League schools received $5.5 billion from 1,000 U.S. foundations, while 99 HBCUs only received $45 million.
The president of the California Retailers' Association is blaming the state for a rise in shoplifting. Revenue losses from theft remain higher than they were half a decade ago. Errol Barnett and Adriana Diaz are joined by David Johnston, vice president of asset protection and retail operations for the National Retail Federation, who breaks down this nationwide issue.
New data shows that the U.S. GDP grew by 1.1% from the final quarter of 2022 to the first quarter of 2023. CBS News Contributor and Managing Editor for Business and Markets at AXIOS Javier David explains what this growth means for the potential of a recession.
Victor Calanog, the head of commercial real estate economics for Moody's Analytics, joins Errol Barnett and Roxana Saberi to discuss the lasting effect the pandemic has had on commercial real estate. He details rising office space vacancy, what's shifted for storefronts, and more.
New data shows for the third time in four months, U.S. consumer confidence fell. Courtenay Brown, markets reporter for Axios, joined CBS News to evaluate how Americans are feeling about the economy, and previews the new GDP data set to be released later this week.
CBS MoneyWatch associate editor Aimee Picchi joins Errol Barnett and Lana Zak to discuss millennials' financial plans for retirement and how they differ from those of an older generation.
A new study by the Pew Research Center found that women who out-earn their spouses take on the bulk of child care and housework. Aimee Picchi, CBS News MoneyWatch associate managing editor, discussed the study's findings.
J.D. Durkin, host of "TheStreet," and Jacob Bogage, business reporter for The Washington Post, joined CBS News to discuss Friday's report of strong first quarter earnings for big banks. They also reacted to the latest unemployment numbers, and strong sales for Burger King.
Tax season comes to a close Tuesday. Thomas Godwin, an assistant professor of accounting at Purdue University, joins Elaine Quijano and Michael George to look ahead to next year's tax season and offer advice on how Americans can begin planning for it.
Several major banks are seeing growth with the release of their first quarter earnings. The positive news comes a month after the collapse of Silicon Valley bank and Signature Bank. Jacob Sonenshine is a markets reporter at Barron's. He joins CBS News for more.
What happens if you don't pay your taxes correctly or on time? David Ragland, certified financial planner and CEO of IRC Wealth, joins CBS News' Errol Barnett and Lana Zak with his insight.
On this week's edition of CBS Mornings Deals, lifestyle expert Elizabeth Werner shows us four items, including Debbie Meyer's GreenBoxes, that might just make your day a little better. Visit cbsdeals.com to take advantage of these exclusive deals today. CBS earns commissions on purchases made through cbsdeals.com.
Alicia Jegede, a CPA and founder of New Gen Financial Planning, discussed the potential benefits and drawbacks of married couples filing their taxes separately and jointly.
Tax Day is quickly approaching on April 18. CBS News business analyst Jill Schlesinger joins "CBS Mornings" to share tax tips for Americans who have yet to file their 2022 taxes.
The latest Consumer Price Index report shows inflation cooled last month. CBS News reporter Sarah Ewall-Wice joins Errol Barnett and Lana Zak to break down the latest data and how it could impact potential future interest rate hikes.
The leaked materials include the sworn deposition of the minor with whom former Rep. Matt Gaetz allegedly had sex.
Linda McMahon is a co-chair of President-elect Donald Trump's transition team and was the Small Business Administrator in his first term.
Dr. Mehmet Oz unsuccessfully ran for Senate in 2022.
President-elect Donald Trump's six-year New York criminal odyssey should continue for at least another four, prosecutors said Tuesday.
The Biden administration had previously said Edmundo González had earned the most votes in the disputed election, but had fallen short of acknowledging him as president-elect.
For years, actor and comedian Katt Williams has claimed he lied about his age as a teenager to join the Marines and passed boot camp before being drummed out. The Marines have no record of him ever serving.
Ukraine has been one of the most mined countries in the world since Russia's invasion in 2022, and Ukraine is inundated with anti-personnel mines.
President-elect Donald Trump was on hand with Elon Musk for the sixth test flight of SpaceX's huge Super Heavy-Starship rocket.
Prosecutors say Jose Ibarra killed Laken Riley after a struggle, and data from Riley's smartwatch shows her heart stopped beating at 9:28 a.m.
For years, actor and comedian Katt Williams has claimed he lied about his age as a teenager to join the Marines and passed boot camp before being drummed out. The Marines have no record of him ever serving.
Several residents said the explosion in Bethel, Ohio, shook their homes and caused minor damage.
As he gets ready to retire, GOP Rep. Brad Wenstrup often thinks about the day Rep. Steve Scalise, one of the House Republican leaders, was shot during a baseball practice.
Director of Pentagon office probing UFOs showed Congress 3 cases it's resolved, but also discussed 3 — out of nearly two dozen — still under active investigation.
Linda McMahon is a co-chair of President-elect Donald Trump's transition team and was the Small Business Administrator in his first term.
Frontier is expanding service across 21 airports in the U.S. and Caribbean. Here are the new routes the carrier will service.
Brendan Carr wrote Project 2025's chapter on overhauling the Federal Communications Commission. Here's what to know.
H&R Block, Intuit stock dropped amid a report that Elon Musk's Department of Government Efficiency may develop a tax filing app.
The FDA sent a warning letter flagging "significant violations" of manufacturing regulations for Tom's of Maine toothpaste.
Trump has picked Howard Lutnick, a crypto enthusiast and the head of brokerage and investment bank Cantor Fitzgerald, to be commerce secretary.
Ukraine has been one of the most mined countries in the world since Russia's invasion in 2022, and Ukraine is inundated with anti-personnel mines.
As he gets ready to retire, GOP Rep. Brad Wenstrup often thinks about the day Rep. Steve Scalise, one of the House Republican leaders, was shot during a baseball practice.
Director of Pentagon office probing UFOs showed Congress 3 cases it's resolved, but also discussed 3 — out of nearly two dozen — still under active investigation.
Linda McMahon is a co-chair of President-elect Donald Trump's transition team and was the Small Business Administrator in his first term.
The Senate has confirmed 217 of Mr. Biden's selections to serve on the federal bench and are aiming to approve more before Republicans take control.
CDC data shows rates of Mycoplasma pneumoniae have surged in babies.
Dr. Mehmet Oz unsuccessfully ran for Senate in 2022. Now he's Trump's choice to lead the Centers for Medicare and Medicaid Services.
The FDA sent a warning letter flagging "significant violations" of manufacturing regulations for Tom's of Maine toothpaste.
Canada legalized medically assisted dying in 2016. It was set to expand to patients suffering solely from mental illness last year, but it hasn't — yet.
Over 50 passengers and 15 crew members reported being ill with norovirus on a month-long cruise on the Coral Princess.
Ukraine has been one of the most mined countries in the world since Russia's invasion in 2022, and Ukraine is inundated with anti-personnel mines.
The democracy advocates were charged in Hong Kong under a Beijing-imposed national security law in 2021 for their involvement in an unofficial primary election to pick opposition candidates.
Canada legalized medically assisted dying in 2016. It was set to expand to patients suffering solely from mental illness last year, but it hasn't — yet.
Jennifer Lawrence and Malala Yousafzai join Afghan filmmaker Sahra Mani to reveal the struggles of women living under Taliban rule in the documentary, "Bread & Roses."
Portugal's TAP airlines reportedly had to take a plane out of service for days to scour the aircraft for hamsters that got out of their cages.
For years, actor and comedian Katt Williams has claimed he lied about his age as a teenager to join the Marines and passed boot camp before being drummed out. The Marines have no record of him ever serving.
Actors Pedro Pascal, Joseph Quinn and Fred Hechinger talk about the upcoming release of "Gladiators II," 25 years after the original "Gladiator" movie, and what it was like working with director Ridley Scott.
Amazon Books Editorial Director Sarah Gelman shares her top cookbook recommendations to help you create festive and comforting meals this holiday season.
New Kids on the Block's Joey McIntyre steps into Christmas as the star of "Jingle Bell Love," a holiday rom-com premiering on Roku.
In his new series "Mysteries Unearthed," Danny Trejo explores some of the world's most fascinating historical finds with experts and historians.
SpaceX successfully launched its Super Heavy-Starship rocket from Texas for its sixth test flight Tuesday with its CEO Elon Musk and President-elect Donald Trump looking on. CBS News correspondent Jason Allen has more on the launch.
Brendan Carr wrote Project 2025's chapter on overhauling the Federal Communications Commission. Here's what to know.
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 Justice Department is reportedly asking a judge to force Google's parent company to sell its Chrome browser following a ruling that declared the company's search engine practices an illegal monopoly.
As climate change intensifies, the race for a more eco-friendly car has revved up. Itay Hod reports on the newest twist on travel.
Former leaders and climate experts have issued a letter calling the U.N.'s annual climate meeting "no longer fit for purpose." Recently, CBS News spoke with U.S. Energy Secretary Jennifer Granholm about the summit and what the incoming Trump presidency means for clean energy and climate change. The conversation took place before the president-elect made his pick for energy secretary.
Parts of the Great Barrer Reef have suffered the highest coral mortality on record, Australian researchers say, and they fear the rest of it has suffered a similar fate.
President-elect Donald Trump has pledged to "drill, baby, drill" on Day 1 in office. CBS News national environmental correspondent David Schechter joins to take a closer look at the environmental impact of some of Trump's potential energy and climate policies.
2024 is on pace to be the hottest year on record worldwide. CBS News Los Angeles meteorologist and climatologist Marina Jurica reports that extreme weather events cost the global economy over $2 trillion in the last 10 years.
Scientists say they've discovered a "mega coral" three times bigger than the previous record holder - so huge they initially thought it was a shipwreck.
Video of the last moments Laken Riley was seen alive and the final texts between her and her mother were shown in court Tuesday. Jose Ibarra, an undocumented Venezuelan immigrant, is on trial for the murder of the 22-year-old nursing student. Manuel Bojorquez has the latest.
Prosecutors say Jose Ibarra killed Laken Riley after a struggle, and data from Riley's smartwatch shows her heart stopped beating at 9:28 a.m.
The police department has spent $22.6 million in overtime this year for officers working special events — only about $2 million of which has been reimbursed to the city.
Witness testimony could come to an end as soon as Tuesday in the murder trial of Jose Ibarra, the man accused of killing Georgia nursing student Laken Riley. CBS News producer Jared Eggleston has more on the case.
The family of Brandon Durham is pushing for answers after he was shot by a police officer after calling for help.
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.
President-elect Donald Trump was on hand with Elon Musk for the sixth test flight of SpaceX's huge Super Heavy-Starship rocket.
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.
November's full moon, known as the Beaver Moon, is the last supermoon of 2024. Here's when it peaks and why it's called the Beaver Moon.
Medical issues aside, the astronauts described a water leak in June that triggered a blizzard in the International Space Station's airlock.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
See some of convicted serial killer Rodney Alcala's photographs that were discovered by detectives in a Seattle storage locker.
The seesaw marriage between the former ballerina and her much older husband only lasted four years, until she shot him on Sept. 27, 2020.
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.
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.
United Nations agencies confirm gangs violently looted dozens of aid trucks in Gaza. And speaking from Beirut Tuesday, where meetings were taking place regarding a possible cease-fire in the Israel-Hezbollah conflict, U.S. envoy Amos Hochstein called the talks "constructive." CBS News senior foreign correspondent Elizabeth Palmer reports.
The rate of active-duty U.S. service members who committed suicide has risen over the last two years, according to numbers from the Pentagon. Josh McCain, CEO of Big Sky Bravery, a non-profit focused on supporting active-duty Special Operations forces, joins "The Daily Report" to discuss the alarming numbers and what can be done to help.
SpaceX successfully launched its Super Heavy-Starship rocket from Texas for its sixth test flight Tuesday with its CEO Elon Musk and President-elect Donald Trump looking on. CBS News correspondent Jason Allen has more on the launch.
President-elect Donald Trump told Fox News Digital on Monday that it is "vital to have a free and fair open media or press" but if he's not "treated fairly, however, that will end." NPR reporter David Folkenflik has more.
Forensic investigators and authorities who responded to Laken Riley's murder took the stand Tuesday in Georgia. detailing what led to their conclusion that Jose Ibarra was allegedly responsible. CBS News national correspondent Manuel Bojorquez has more.