Europe looks to Germany for another bailout
Once again, the responsibility for bailing out another European country falls on the back of Germany after lending money to Portugal, Ireland, Greece, and now Spain. Mark Phillips reports.
Once again, the responsibility for bailing out another European country falls on the back of Germany after lending money to Portugal, Ireland, Greece, and now Spain. Mark Phillips reports.
Former President Bill Clinton spoke with Scott Pelley on the urgency needed to address the financial crisis in Europe and what he would do to fix it. Watch Pelley's full report tonight on the CBS Evening News.
Former President Bill Clinton gave Scott Pelley his outlook on how long it will take for the U.S. economy to fully recover. Watch Pelley's full report tonight on the CBS Evening News.
In the latest sign the U.S. economy may be slowing, U.S. companies placed fewer orders to factories for the second straight month. Anthony Mason reports.
Demonstrations outside of the Greek parliament turned violent after the government approved massive spending cuts worth $430 billion. Elizabeth Palmer reports on who the cuts will hurt the most.
House of Representatives votes to deny $1.2 trillion debt limit increase, but it's just a symbolic move
With the government in need of more money to borrow, Obama notified Congress Thursday that the debt limit needs to be raised again
Study finds tax plans from Mitt Romney, Newt Gingrich and Rick Perry would favor millionaires, add to national debt
Under terms of August debt limit deal, Congress will have 15 days to disapprove or U.S. will be able to borrow another $1.2 trillion
Senate Democrats will offer a new compromise proposal to Republicans that would extend the popular payroll tax cut. Betty Nguyen reports
With the failure of the "supercommittee" to reach an agreement on cutting the deficit, members of Congress have barely a month to address unemployment and tax cuts. Whit Johnson reports on the latest details.
Cuts triggered by Congress failing to cut budget will reduce defense spending by $1 trillion during next decade
After last minute negotiations were abandoned by the "supercommittee," Sen. John Kerry (D-Mass.) told CBS News' Nancy Cordes, Democrats' consciences are clear because they "bent over backwards" to work with Republicans on spending, blaming the stalemate on the Bush tax cuts.
Agency says current credit rating is based on expectation that automatic spending cuts will take effect in January 2013
Citing inability to bridge "significant differences," bipartisan committee says they are unable to reach agreement to cut deficit by $1.2T
After supercommittee admits failure, Obama says $1.2T in cuts will happen "one way or another," warns "there will be no easy off ramps"
After supercommittee announced it would not be able to reach deficit reduction deal, some lawmakers say they want triggers changed
President Obama on Monday said there's no "imminent threat to us defaulting on the debt that we owe," and more than one trillion dollars in spending cuts are already locked in. President Obama linked the failure to Republicans unwillingness to compromise on tax increases.
After the supercommittee failed to reach a deal to reduce the deficit, President Obama on Monday said he'll block attempts already in the works to undo automatic spending cuts.
Dow closes down 249 points as information that supercommittee will not solve budget deficit seems plausible; S&P, Nasdaq lose about 2 percent
Committee members meet in last-ditch effort to reach deficit agreement - but aides say prospects of a deal are slim
President Obama on Monday linked the failure of the supercommittee to Republicans in Congress who "refuse to listen to the voices of reason and compromise."
Scott Pelley speaks with American Express CEO Ken Chenault about the failure of the Congressional supercommittee and Washington's problems handling the economy.
The failure of U.S. and European governments to deal with their debts sent stock prices sharply lower, and as Anthony Mason reports, could cut the nation's GDP and risk another recession.
Despite hundreds of hours behind closed-door meetings, the Congressional supercommittee, in charge of making cuts to reduce the country's growing deficit, failed to reach a bipartisan agreement before the deadline. Nancy Cordes reports.
The highly anticipated State Department report doesn't formally conclude Israel is in violation of U.S. or international law.
A divided three-judge panel ruled last month a recently adopted congressional map that includes two majority-Black districts is an unconstitutional racial gerrymander.
Michael Cohen's testimony in former President Donald Trump's criminal trial in New York suggests the prosecution is reaching the home stretch of its case.
The three-judge panel upheld Steve Bannon's conviction for not responding to a subpoena from the committee investigating the Jan. 6 attack on the Capitol.
President Biden met with Black voters earlier this week in Wisconsin, where the race against former President Trump is close.
Trump could significantly restrict abortion without ever imposing a federal ban, some experts say. Here's how he could do it.
The bill stalled earlier this week after senators from Virginia and Maryland objected to a provision that would allow an additional 10 flights a day to and from Ronald Reagan Washington National Airport.
The Biden administration announced a new regulation designed to allow immigration officials to deport migrants ineligible for U.S. asylum earlier in the process.
Democratic Rep. Henry Cuellar and his wife, Imelda Rios Cuellar, have been indicted in an alleged bribery scheme.
Due to bankruptcies and other problems, retailers plan to close almost 3,200 stores this year, up 24% from a year ago.
Huy Fung Foods said its peppers are "too green" to make its signature sriracha sauce, forcing it to suspend production until September.
Annual wildfires and flooding are keeping major insurance companies from covering homeowners in California and Florida.
Maggie Steffens asked for more support for the U.S. women's water polo team, and the captain received one surprising response: Flavor Flav.
A divided three-judge panel ruled last month a recently adopted congressional map that includes two majority-Black districts is an unconstitutional racial gerrymander.
Due to bankruptcies and other problems, retailers plan to close almost 3,200 stores this year, up 24% from a year ago.
Huy Fung Foods said its peppers are "too green" to make its signature sriracha sauce, forcing it to suspend production until September.
Annual wildfires and flooding are keeping major insurance companies from covering homeowners in California and Florida.
The banking industry is mounting a last-ditch effort to block a new federal rule that would slash credit card late-payment fees.
Some states are cracking down on claims by anti-abortion rights organizations that offer "abortion pill reversal" treatment.
The highly anticipated State Department report doesn't formally conclude Israel is in violation of U.S. or international law.
A divided three-judge panel ruled last month a recently adopted congressional map that includes two majority-Black districts is an unconstitutional racial gerrymander.
Michael Cohen's testimony in former President Donald Trump's criminal trial in New York suggests the prosecution is reaching the home stretch of its case.
The three-judge panel upheld Steve Bannon's conviction for not responding to a subpoena from the committee investigating the Jan. 6 attack on the Capitol.
President Biden met with Black voters earlier this week in Wisconsin, where the race against former President Trump is close.
Some states are cracking down on claims by anti-abortion rights organizations that offer "abortion pill reversal" treatment.
The parents of a U.K. toddler say it's "absolutely mind-blowing" to see their daughter, enrolled in a gene therapy trial, hear for the first time.
Some of the strains in the "FLiRT" group are closely related to the JN.1 COVID variant from last winter.
Seattle Mayor Bruce Harrell said that the facility would be supported by the Seattle Fire Department's overdose response team.
Should you worry about the potential impact of the H5N1 virus on humans? CBS News chief medical correspondent Dr. Jon LaPook explains the current risk and what officials are watching for.
The highly anticipated State Department report doesn't formally conclude Israel is in violation of U.S. or international law.
Video posted online shows the Rev. Sue Parfitt and Judy Bruce —protesters from Just Stop Oil — gluing themselves to the display.
The parents of a U.K. toddler say it's "absolutely mind-blowing" to see their daughter, enrolled in a gene therapy trial, hear for the first time.
Prince Harry and Meghan are in Nigeria for a 3-day tour at the invitation of the African nation's military.
Climeworks, a Swiss pioneer in the fast-growing field of CO2 capture and storage, launches operations at a new site on a dormant volcano.
Prince Harry and Meghan are in Nigeria for a 3-day tour at the invitation of the African nation's military.
Earlier this week, both Miss USA Noelia Voigt and Miss Teen USA UmaSofia Srivastava gave up their titles. In a resignation letter obtained by CBS News from a source familiar with the matter, Voigt accused organization leadership of creating a "toxic work environment."
Season three of the hit Netflix show "Bridgerton" is out next week and centers around wallflower Penelope Featherington and her seemingly unrequited crush, Colin Bridgerton. Anthony Mason visited the "Bridgerton" set during filming in December 2022, and recently spoke with star Nicola Coughlan over a cup of tea in New York at Lady Mendl's.
As the new season of the Netflix series approaches — with a release date set for May 16 — fans can look forward to seeing Nicola Coughlan in a new light.
The judge approved the petition filed by Wilson's family and inner circle after the death in January of his wife, who handled most of his tasks and affairs.
Apple's "Crush!" advertisement for the new iPad Pro features a myriad of artistic tools getting smashed in a large hydraulic press.
The Ascension Healthcare Network, one of the nation's leading nonprofit and Catholic health systems, says a "cyber security event" disrupted its clinical operations Wednesday. Threat intelligence company Cyble says there have been 77 ransomware attacks on the U.S. health care sector since the beginning of February. CBS News homeland security and justice reporter Nicole Sganga joins to unpack the troubling trend.
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 tech giant disclosed Thursday that a database was accessed through a Dell portal, which contains a database of customer information. CBS News' John Dickerson has the details.
FTX says most of its customers will receive some of their money back nearly two years after the cryptocurrency exchange collapsed. Yesha Yadav, associate dean of Vanderbilt Law School, joins CBS News to discuss how the payback will work.
Americans could be treated to a show of the northern lights this weekend from a powerful geomagnetic storm heading toward Earth.
The parents of a U.K. toddler say it's "absolutely mind-blowing" to see their daughter, enrolled in a gene therapy trial, hear for the first time.
Climeworks, a Swiss pioneer in the fast-growing field of CO2 capture and storage, launches operations at a new site on a dormant volcano.
In the video, the surface of the sun appears furred with dark yellow material as beams of gold swoop overhead.
The visualization, produced on a NASA supercomputer, allows users to experience flight towards a supermassive black hole.
Witness testimony continued Friday in the murder trial of Karen Read, a Massachusetts woman accused of killing her police officer boyfriend, John O'Keefe, in 2022. Read has pleaded not guilty and her lawyers argue local law enforcement officials are framing her. CBS News Boston's Penny Kmitt has the latest on the testimony.
Bailey Boswell was convicted of murder in the 2017 death of Sydney Loofe. Boswell's boyfriend was also convicted and sentenced to death.
Edrick Lamont Faust, 48, was charged with murder, and various other charges in connection with the 23-year-old first-year law student's death, the Georgia Bureau of Investigation announced.
How an unusual clue ended life on the run for fugitive William Greer, wanted for killing his girlfriend Tammy Myers and hiding her body.
Democratic Rep. Henry Cuellar and his wife, Imelda Rios Cuellar, have been indicted in an alleged bribery scheme.
Americans could be treated to a show of the northern lights this weekend from a powerful geomagnetic storm heading toward Earth.
The sunspot responsible for the odd series of strong solar flares is so big you can see it with your own eyes from Earth.
In the image, "a ghostly hand appears to be emerging from the interstellar medium and reaching out into the cosmos," the NOIRLab said.
The so-called super Earth — known as 55 Cancri e — is among the few rocky planets outside our solar system with a significant atmosphere.
In the video, the surface of the sun appears furred with dark yellow material as beams of gold swoop overhead.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Despite losing three quarters of the blood in her body, Donna Ongsiako was able to help police find the person who almost took her life.
The Francis Scott Key Bridge in Baltimore collapsed early Tuesday, March 26 after a column was struck by a container ship that reportedly lost power, sending vehicles and people into the Patapsco River.
When Tiffiney Crawford was found dead inside her van, authorities believed she might have taken her own life. But could she shoot herself twice in the head with her non-dominant hand?
We look back at the life and career of the longtime host of "Sunday Morning," and "one of the most enduring and most endearing" people in broadcasting.
Witness testimony continued Friday in the murder trial of Karen Read, a Massachusetts woman accused of killing her police officer boyfriend, John O'Keefe, in 2022. Read has pleaded not guilty and her lawyers argue local law enforcement officials are framing her. CBS News Boston's Penny Kmitt has the latest on the testimony.
China's President Xi Jinping visited Hungary on the last leg of his European tour in hopes of expanding economic ties. Isaac Stone Fish, CEO and founder of Strategy Risks, joins CBS News with more on Xi's efforts.
Prince Harry and his wife Meghan are in Nigeria to promote the Invictus Games and advocate for mental health. CBS News' Chris Livesay reports on their trip.
Crews will begin removing a portion of Baltimore's Francis Scott Key Bridge that collapsed on top of a Dali cargo ship. CBS News Baltimore's Mike Hellgren has more.
An FAA reauthorization bill passed by the Senate is headed to the House for consideration. A provision in the bill would force airlines to refund flyers for canceled or postponed trips. CBS News congressional correspondent Scott MacFarlane reports.