U.S. accuses Mexican cartel of targeting Americans in timeshare fraud
Cartel members apparently decided to branch out into scamming millions of dollars from people looking to sell their timeshares in Mexico.
United States Department of the Treasury
Budget and debt ceiling talks await Congress
Congress is in the middle of its two-week recess, but still has a lengthy to-do list awaiting lawmakers' return to Capitol Hill. CBS News' Vlad Duthiers explains some of the issues at hand.
Stocks close higher ahead of Fed decision
Stocks closed higher Tuesday as Federal Reserve officials begin meeting to discuss inflation and potential interest rate hikes. Advisors Capital Management portfolio manager JoAnne Feeney joins CBS News to break down what upcoming changes could mean for investors.
Investors are panicked over banks. Will the Fed make things worse?
Inflation's still high, but analysts warn that further rate hikes from the Fed could lead more more banks to topple.
Biden to announce more sanctions on Russia
President Biden is expected to announce new sanctions on Russia, and administration officials are warning any countries that help Russia evade those economic sanctions will face consequences as well. Deputy Treasury Secretary Wally Adeyemo joins CBS News to explain the administration's plans, and why he's confident the sanctions are successful despite some saying there hasn't been the impact they had hoped.
Can the U.S. catch up to China and Russia's African outreach?
After decades of investment and blossoming ties with Beijing and Moscow, experts say "short-term courtship" of African nations simply won't suffice.
Markets climb to close out week
Stocks climbed to close out the week after a tumultuous few days following the U.S. Treasury Department's announcement that the country has hit its debt ceiling. Javier David, a CBS News contributor and managing editor of business & markets at Axios, and J.D. Durkin, host of "The Street," joined CBS News to discuss.
Here's when the U.S. could crash through the debt ceiling
Hitting "Date X" without raising the debt ceiling could lead the U.S. to default on its debt for the first time in its history.
Protecting your money amid debt ceiling concerns
The United States hit its debt ceiling today as federal officials maneuver to avoid the country defaulting on its debts. Carol Schleif, chief investment officer of BMO Family Office, joined CBS News to discuss precautions Americans should take to protect their money.
Debt ceiling: 3 ways your finances could be affected
The fight over the nation's debt limit could have very real implications on everything from your 401(k) to Social Security.
U.S. to hit debt limit Thursday
Treasury Secretary Janet Yellen says the U.S. will hit its debt limit of $31.4 trillion Thursday. CBS News congressional correspondent Scott MacFarlane joins the show to discuss what's being said on Capitol Hill about the looming debt ceiling crisis.
Trump officials eased sanctions on "Blood Diamond" magnate despite concerns
Businessman Dan Gertler received broad relief from sanctions in Trump administration's final days.
Yellen warns of "risky" cryptocurrency, touts "resilient" U.S. economy
The Treasury chief told CBS News she expected inflation to ease thanks to a "resilient" U.S. economy, and said Biden's shift to EVs would become "less reliant on China."
"Inflation-proof" I-bonds get new interest rate
Eager investors crashed a Treasury's website last week, but if you missed your chance at a 9.6% return, all is not lost.
Buyers rush to buy "inflation-proof" I-bonds, crashing website
Government agency doubled server capacity to handle an influx of orders, but some slowdowns are still occurring.
The IRS plans to hire 5,000 customer service reps
Tax agency has been plagued by understaffing and poor customer service, with many taxpayer calls going unanswered.
House Republican says Treasury won't provide Hunter Biden's financial docs
Rep. James Comer says the Treasury Department "is refusing to release suspicious activity reports connected with Hunter Biden."
IRS warns of frustrating tax filing season ahead
Treasury officials warn filing taxes is going be a challenge this year due to the ongoing pandemic and a lack of resources at the Internal Revenue Service. CBS News reporter Sarah Ewall-Wice joins Lilia Luciano on CBSN to discuss.
Senate passes deal to raise debt limit
In a 59-35 vote, the Senate passed a measure allowing for a one-time exemption to the filibuster so Democrats can raise the debt limit without Republican votes. Treasury Secretary Janet Yellen has warned the nation could enter default if the borrowing limit is not raised by December 15. CBS News reporter Sarah Ewall-Wice joins CBSN's Lana Zak to explain the process ahead.
Examining the cryptocurrency loophole
The U.S. Treasury Department says cryptocurrencies "urgently" need regulations like those overseeing banks and other financial institutions. Axios chief financial correspondent Felix Salmon joins CBSN to discuss the digital currency loophole.
Yellen says Democrats can raise debt ceiling
Treasury Secretary Janet Yellen is urging Democrats to address the debt ceiling alone if needed to avoid default. CBS News congressional correspondent Nikole Killion joined CBSN's Tanya Rivero with more on what Congress could do with the social spending and infrastructure legislation.
House passes measure to raise debt limit
The House has passed a measure to increase the federal debt limit by $480 billion. But it's a temporary fix that will last only until December 3. That means lawmakers will find themselves looking for a more permanent measure in less than two months. CBS News congressional correspondent Nikole Killion joins CBSN's Elaine Quijano to discuss.
The newest front to keep people in their homes and deliver aid: faith
For many faith leaders, the Treasury Department's efforts to team up are unusual.
Congress clashes on spending as shutdown looms
The U.S. is inching closer to a potential economic crisis and government shutdown as Congress clashes over President Joe Biden's agenda and key legislation. CBS News chief White House correspondent Nancy Cordes joins CBSN to break down the latest developments.
U.S. could hit the debt ceiling on October 18, Janet Yellen says
The country could go into default for its first time in history.
South Korea parliament votes to defy president, lift martial law order
South Korean President Yoon Suk Yeol accused the country's opposition of controlling the parliament and sympathizing with North Korea.
U.S. charges Chinese national for exporting guns and ammo to North Korea
A Chinese national living in California is accused of exporting guns and ammunition to North Korea at the direction of North Korean agents.
Supreme Court to confront gender-affirming care for transgender minors
The Supreme Court on Wednesday will consider the constitutionality of a Tennessee law that prohibits gender-affirming care for minors experiencing gender dysphoria.
Schumer reelected Senate Democratic leader as GOP prepares to take control
Senate Democrats met Tuesday morning to elect their leadership for the next two years, after Republicans flipped the chamber in the 2024 elections.
Death sentence upheld for tycoon — unless she pays $9 billion
Truong My Lan was convicted of swindling money from Saigon Commercial Bank (SCB) and sentenced to death for fraud totaling $27 billion.
Trump says he will attend Notre Dame reopening in Paris this weekend
Notre Dame is set to reopen this weekend after a 2019 fire, with a grand celebration.
Here's how holiday drinking can affect your health, according to a doctor
Estimates show Americans drink twice as much during the holiday season as they normally do. Here's how the extra alcohol can impact your health.
Is Enron really back in business? Here's what to know.
A new Enron website appeared on Monday to proclaim its relaunch. It's been 23 years since the energy company went up in smoke.
Missouri man faces execution in girl's murder after governor denies clemency
Missouri is set to carry out its fourth execution this year on Tuesday night. The man condemned to death was convicted in a 9-year-old girl's 2007 murder.
U.S.
More U.S.
"The Brutalist" named year's best film by New York film critics
The New York Film Critics Circle, one of the nation's oldest and most venerated critics' groups, is kicking movie awards season into high gear Tuesday as they select their choices for the best of 2024.
House Democrats move to oust aging committee leaders
Candidates for the positions have stressed the need to be able to effectively counter President-elect Donald Trump and Republicans in Congress.
U.S. looks to end subminimum wage for workers with disabilities
A Biden administration proposal would phase out a program that lets employers pay some workers less than $7.25 an hour.
Frontier to introduce first-class seating. Here's what it will look like.
Frontier is adding premium seating tier to its offerings. Here's what it will look like, and when it will be available.
Illinois deputy stops runaway car, saves pregnant woman
A pregnant woman in Williamson County avoided disaster when her car's brakes failed and a deputy used a rolling roadblock to bring the vehicle to a safe stop.
MoneyWatch
More MoneyWatch
U.S. looks to end subminimum wage for workers with disabilities
A Biden administration proposal would phase out a program that lets employers pay some workers less than $7.25 an hour.
Frontier to introduce first-class seating. Here's what it will look like.
Frontier is adding premium seating tier to its offerings. Here's what it will look like, and when it will be available.
GM recalls 132K pickups for tailgates that can open unexpectedly
General Motors is adding over 132,000 heavy-duty pickups in the U.S. to a previous recall for tailgate release switches that can short circuit and open the gates while the trucks are in park.
Is Enron really back in business? Here's what to know.
A new Enron website appeared on Monday to proclaim its relaunch. It's been 23 years since the energy company went up in smoke.
What to know about Social Security's December schedule and COLA increase
Social Security beneficiaries have some changes coming in December and January, due to quirks of the calendar and a payment hike.
Politics
More Politics
House Democrats move to oust aging committee leaders
Candidates for the positions have stressed the need to be able to effectively counter President-elect Donald Trump and Republicans in Congress.
U.S. charges Chinese national for exporting guns and ammo to North Korea
A Chinese national living in California is accused of exporting guns and ammunition to North Korea at the direction of North Korean agents.
Trump says he will attend Notre Dame reopening in Paris this weekend
Notre Dame is set to reopen this weekend after a 2019 fire, with a grand celebration.
South Korea parliament votes to defy president, lift martial law order
South Korean President Yoon Suk Yeol accused the country's opposition of controlling the parliament and sympathizing with North Korea.
Supreme Court to confront gender-affirming care for transgender minors
The Supreme Court on Wednesday will consider the constitutionality of a Tennessee law that prohibits gender-affirming care for minors experiencing gender dysphoria.
HealthWatch
More HealthWatch
Here's how holiday drinking can affect your health, according to a doctor
Estimates show Americans drink twice as much during the holiday season as they normally do. Here's how the extra alcohol can impact your health.
Kids worked overnight shifts at pork processing plant, feds find
Feds find 11 kids illegally employed for at least 4 years at Seaboard Triumph Foods facility in Sioux City, Iowa.
Jane Fonda with a secret of aging well
A Yale study showed that older people with more positive beliefs about aging lived an average of 7.5 longer than people who equated aging with disease and decline. Actress and activist Jane Fonda and anti-ageism advocate Ashton Applewhite present "Sunday Morning" viewers with a key to living a longer life, by maintaining a better outlook.
Are there really risks to fluoride in water?
President-elect Donald Trump's pick to lead the Department of Health and Human Services, Robert F. Kennedy Jr., says fluoride can cause health problems and wants it removed from our drinking water. CBS News medical contributor Dr. Celine Gounder, editor-at-large for public health at KFF Health News, has more on the risks and benefits that come with fluoride.
New Mexico man awarded $412 million for botched penile injections
The man's attorneys said the punitive and compensatory damages total the largest amount to ever be awarded by a jury in a medical malpractice case in the U.S.
World
More World
U.S. charges Chinese national for exporting guns and ammo to North Korea
A Chinese national living in California is accused of exporting guns and ammunition to North Korea at the direction of North Korean agents.
Trump says he will attend Notre Dame reopening in Paris this weekend
Notre Dame is set to reopen this weekend after a 2019 fire, with a grand celebration.
South Korea parliament votes to defy president, lift martial law order
South Korean President Yoon Suk Yeol accused the country's opposition of controlling the parliament and sympathizing with North Korea.
Treasure trove of Roman coins found during construction in U.K.
The stash of over 1,300 coins has become known as the Worcestershire Conquest Hoard.
Iran frees rapper Toomaj Salehi months after death sentence overturned
Iran has released dissident rapper Toomaj Salehi more than two years after his backing of women's rights protests over Mahsa Amini's death landed him in prison.
Entertainment
More Entertainment
"The Brutalist" named year's best film by New York film critics
The New York Film Critics Circle, one of the nation's oldest and most venerated critics' groups, is kicking movie awards season into high gear Tuesday as they select their choices for the best of 2024.
"Wicked" director Jon M. Chu on casting, movie's impact and part two release
Jon M. Chu, the director of the movie "Wicked," spoke with "CBS Mornings" about working with Cynthia Erivo and Ariana Grande, along with the connection fans have with the film.
Mindy Kaling, Morris Chestnut to announce 2024 Golden Globe nominees
Actors Mindy Kaling and Morris Chestnut will reveal nominees for the 82nd Annual Golden Globe Awards on Dec. 9 during a live announcement on "CBS Mornings" and CBSNews.com.
Unveiling YouTube's top trends for 2024
Exclusively on "CBS Mornings Plus," YouTube's Culture and Trends lead Maddy Buxton joins us to reveal YouTube's top trends for 2024.
Jon M. Chu on making "Wicked" a movie
Jon M. Chu, the director behind the smash-hit "Wicked," joins "CBS Mornings" to talk about how he turned the beloved Broadway musical into a record-breaking blockbuster that has earned over $360 million worldwide.
Technology
More Technology
Technology
Most common passwords of 2024 revealed
Hackers' favorites top this year's list of most common passwords, with "123456," "password" and "qwerty123" leading the pack. Experts warn these choices make your accounts an easy target.
Bluesky says X's "partisan microphone" are driving users to it
Bluesky has added millions of new subscribers in the last month as some users leave X. Here's what to know.
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.
Company pilots drone food delivery service
In California, a company is running a pilot program for drone food delivery. Itay Hod takes a look at how the service works.
Canada's antitrust watchdog files lawsuit against Google over its ad business
Canada's Competition Bureau says that an investigation found the company "unlawfully" tied together its ad tech tools to maintain its dominant market position.
Science
More Science
Science
Starbucks plastic cup investigation
CBS News tracked plastic cups meant to be recycled by Starbucks and found that most of those did not end up at recycling facilities. CBS News' David Schechter breaks down the investigation's findings.
NASA shows off image of U.S. military's abandoned "city under the ice"
Scientists now have a clearer picture of Camp Century, an abandoned U.S. military base long hidden under the ice in Greenland, thanks to a NASA research team's good luck.
Divided U.N. negotiations for plastic treaty
Negotiators are far apart as the United Nations tries to work out the world's first treaty to curb plastic pollution. Issues creating roadblocks include limiting new manufacturing of plastic and the potential phasing out of some chemicals. For more on the talks, CBS News was joined by Erin Simon, vice president and head of plastic waste and business for the World Wildlife Fund in the U.S.
Honolulu hopes to identify long-unclaimed bodies with advanced DNA testing
Forensic pathologists hope advanced DNA testing technology will enable them to attach names to all the unidentified people at the Honolulu Medical Examiner's Office.
Dishing up space food
At the Johnson Space Food Systems Laboratory in Houston, NASA scientists develop dishes – freeze-dried, heat-stabilized, or irradiated – to serve on the International Space Station. Correspondent David Pogue checks out what's on the menu in Earth orbit.
Crime
More Crime
Young Thug co-defendants found not guilty of murder in Georgia gang trial
The gang and racketeering case involving rapper Young Thug ended as his co-defendants were acquitted of murder charges.
Death sentence upheld for tycoon — unless she pays $9 billion
Truong My Lan was convicted of swindling money from Saigon Commercial Bank (SCB) and sentenced to death for fraud totaling $27 billion.
"It's Christmas": Chef urged thieves to donate $32K worth of stolen pies
A Michelin-starred chef called on the thieves who stole his van, along with 2,500 meat pies inside it, to embrace the holiday spirit.
Virginia man charged with murder 4 months after wife vanished
Mamta Bhatt's body still has not been found, but investigators linked her DNA to the blood found in the couple's home, police said.
Woman gets 25 years for deadly DUI crash
A South Carolina woman will spend 25 years in prison for a drunken crash that killed a bride on her wedding day in April 2023. Jamie Lee Komoroski pleaded guilty to several charges, including felony DUI. CBS News' Skyler Henry is outside the courthouse with more.
Space
More Space
Webb telescope captures stunning new image of the "Sombrero galaxy"
The Sombrero galaxy, named for its resemblance to the Mexican hat, is about 30 million light-years from Earth.
Blue Origin launches 6 tourists to the edge of space
Marc and Sharon Hagle, both making their second space flight, were among the passengers for the NS-28 mission.
Blue Origin launches 9th space tourism flight
The ninth Blue Origin space tourism flight launched from West Texas Friday morning. CBS News space consultant Bill Harwood and space expert Scott Heidler offered analysis of the flight.
Trump, Musk attend SpaceX launch
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.
SpaceX launches Super Heavy-Starship, with Trump there to watch
President-elect Donald Trump was on hand with Elon Musk for the sixth test flight of SpaceX's huge Super Heavy-Starship rocket.
Latest Galleries
More Latest Galleries
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.
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.
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.
Summer music heats up 2024
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.
Latest CBS News Videos
More Latest CBS News Videos
Latest CBS News Videos
South Korea martial law declaration
190 of 300 members of South Korea's parliament voted to defy President Yoon Suk Yeol's martial law declaration issued late Tuesday. CBS News' Jen Kwon breaks down the latest on accusations of lawmakers there sympathizing with communist North Korea.
Sentencing details for crash that killed bride
A South Carolina judge on Monday handed down a 25-year sentence to the drunk driver who hit and killed a bride on her wedding night in 2023. CBS News correspondent Skyler Henry has more on the tragic story and emotional day in court.
Watch: Biden speaks in Angola
President Biden delivered remarks Tuesday at the National Museum of Slavery in Angola's capital, part of a trip that has seen Mr. Biden become the first sitting U.S. president to visit the Sub-Saharan African nation. CBS News White House reporter Willie James Inman followed the president's speech with context and analysis.
China puts ban on some exports to U.S.
China has banned exports to the U.S. of some materials essential to the manufacturing of electronics and some military equipment. It comes in response to Washington's chip sanctions on Beijing. CBS News MoneyWatch correspondent Kelly O'Grady has the latest.
Hegseth passing on meetings with moderates
President-elect Donald Trump's Cabinet choices have been making the rounds on Capitol Hill to meet with the senators who will vote for their confirmation, but defense secretary pick Pete Hegseth has so far kept his meetings to those who have been firm in their support of Trump. Hegseth is facing renewed allegations of misconduct from when he was part of a veterans charity in 2016. CBS News congressional correspondent Scott MacFarlane has more on that and talks over federal disaster relief funds.