Americans lose millions to wire transfer fraud. Could banks do more to stop it?
"Their job is to protect our investments," said one man whose bank account was drained of $15,000. "Otherwise, what's the point of putting it with a bank?"
Chase Bank
Are banks open on Veterans Day? Is the post office closed?
With Veterans Day falling on a Saturday this year, some banks weren't open on Friday and others will be closed on Saturday in observance of the federal holiday that honors Americans who served in the military.
Scammers using text messages to drain bank accounts in new ploy
The growing trend led to a staggering $8.8 billion in losses last year, according to government data.
Small business owner scammed out of thousands
A small business owner lost her life's savings when scammers pretending to be Chase bank employees defrauded her out of $160,000. Chase refused to refund any of her money, saying she did not take appropriate steps to protect her account. Experts say the bank should adopt stricter security measures to protect customers. Anna Werner reports.
Bank stocks tumble as First Republic deal fails to stem investor fears
Shares of Los Angeles lender PacWest Bancorp fell 28% as spooked investors bail from regional banks.
First Republic Bank seized by regulators, then sold to JPMorgan Chase
The regional lender, whose collapse is the second-biggest bank failure in U.S. history, is the third bank to be seized by regulators since March.
Big banks report strong earnings in Q1
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.
Chase, Wells Fargo face customer anger over stimulus checks
Banks say they won't have the money until Wednesday, although the IRS began sending the funds over the weekend.
JPMorgan CEO Dimon has emergency heart surgery
Bank says chief executive is recovering after procedure to repair blood leak in his aorta.
JPMorgan hired 2,100 ex-convicts in 2018
"We don't want people to rule themselves out because they don't think they can get a job here," bank exec says
8/9/19: CBSN Evening News
El Paso suspect said he targeted Mexicans; Auto mechanic turns life dream into reality.
Chase forgives Canada customers debt
How about a credit card company telling customers their debts are wiped clean? Chase bank is getting out of the credit card business so Thursday night, it said it's ripping up customers' bills and wiping their debts clean.
8/9: CBS Evening News
El Paso suspect claims he was targeting Mexicans in deadly massacre; Cleveland auto mechanic fulfills lifelong dream to become a doctor.
Dad sued JPMorgan over parental leave — and won
Banking giant agrees to pay $5 million to male employees denied additional paid time off as primary caregivers
JPMorgan Chase CEO on Trump and what is "tearing at the body politic"
Jamie Dimon, the CEO of the nation's largest bank, is also making a major investment in the nation's capital
Commentary: Save the CFPB, Mr. President-elect
Donald Trump vows to repeal the law that created the Consumer Financial Protection Bureau. Here's why that's a huge mistake
Better than a toaster? Banks offer cash to get customers
If you live in a major U.S. city, opening a checking account can get you up to $400. There are strings attached, of course
More ways you can use ATMs with your smartphone
Banks like Chase, Wells Fargo and Bank of America are adding new smartphone options to get money from ATMs
Target stores offered customers a 10 percent discount in effort to temper some of the backlash caused by the massive data breach that resulted in 40 million customers having their credit card information stolen
Target stores offered customers a 10 percent discount in effort to temper some of the backlash caused by the massive data breach that resulted in 40 million customers having their credit card information stolen. Meanwhile, Chase Bank informed about 2 million affected customers it would temporarily limit ATM withdrawals. Terrell Brown reports.
The full episode of The CBS Evening News from December 22, 2013
A large storm system draped across the eastern two-thirds of the U.S. has claimed the lives of several people as severe storms and flooding affected areas from Texas up to the Midwest; and, after defecting from Cuba to the U.S., 21-year-old Josue Justiz has become the Washington Ballet's newest rising star
Hope Hicks testifies at Trump trial about fallout from "hush money" payments
Hope Hicks, one of Trump's closest aides for years, told jurors how she handled the fallout from "hush money" payments made to two women before the 2016 election.
Watch Live: Biden awards Medal of Freedom
President Biden awards the Presidential Medal of Freedom, the nation's highest civilian honor, to 19 recipients.
CDC says bird flu viruses "pose pandemic potential," cites major knowledge gaps
The Texas dairy worker infected by H5N1 "did not disclose the name of their workplace," frustrating investigators.
Democratic Rep. Henry Cuellar and wife indicted on federal bribery charges
Democratic Rep. Henry Cuellar of Texas was elected to the House in 2005 and represents the state's 28th Congressional District.
Detective searches gunshot residue testing site days before wife killed
Massachusetts investigators uncover a suspicious web history after Brian Fanion reports his wife Amy's death as a suicide.
Idaho suspect's lawyer: Prosecution has "withheld" audio of key video
Bryan Kohberger's attorney Anne Taylor said that prosecutors have not provided the full video that shows his car near the residence where four University of Idaho students were killed.
Former government employee charged with making false Jan. 6 accusations
Ex-government employee Miguel Zapata with tie is accused of sending fake FBI tips falsely accusing multiple coworkers of taking part in the Jan. 6, 2021, Capitol breach.
"Incredibly rare" dye that was once worth more than gold found in U.K.
The substance was found during a 2023 excavation of a Roman bathhouse.
France's leader again doesn't rule out sending troops to Ukraine
Russia says the French president's remarks about a hypothetical troop deployment to Ukraine are "very important and very dangerous."
U.S.
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Walgreens limits Gummy Mango candy sales to one bag per customer
The retailer says the peelable treats have been "flying off the shelves" ever since TikTokers discovered the candy.
After striped bass poachers busted, New York alters fishing rules
In one find, a K-9 officer helped police find over a dozen fish buried in the sand and hidden behind logs and brush piles.
CIA director in Egypt for high-stakes Israeli hostage, cease-fire talks
The hostage and cease-fire talks have taken on new urgency amid a looming Israeli ground invasion of Rafah, in southern Gaza.
Trump Media's auditor is charged with "massive fraud" by the SEC
Audit firm BF Borgers allegedly failed to comply with accounting standards and fabricated audit documentation, regulators claim.
Detective searches gunshot residue testing site days before wife killed
Massachusetts investigators uncover a suspicious web history after Brian Fanion reports his wife Amy's death as a suicide.
MoneyWatch
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Walgreens limits Gummy Mango candy sales to one bag per customer
The retailer says the peelable treats have been "flying off the shelves" ever since TikTokers discovered the candy.
Trump Media's auditor is charged with "massive fraud" by the SEC
Audit firm BF Borgers allegedly failed to comply with accounting standards and fabricated audit documentation, regulators claim.
Employers added 175,000 jobs last month, marking a hiring slowdown
U.S. unemployment rate rose slightly to 3.9% in April, continuing a stretch of remaining under 4% for 27 months.
Here are the job candidates that employers are searching for most
Job site Indeed identified the top 10 most sought-after job candidates by employers and recruiters. Here's what they found.
Peloton, once hailed as the future of fitness, is now sucking wind
Peloton CEO Barry McCarthy exits as it lays off more staff. What's ailing the fitness company?
Politics
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CIA director in Egypt for high-stakes Israeli hostage, cease-fire talks
The hostage and cease-fire talks have taken on new urgency amid a looming Israeli ground invasion of Rafah, in southern Gaza.
Democratic Rep. Henry Cuellar and wife indicted on federal bribery charges
Democratic Rep. Henry Cuellar of Texas was elected to the House in 2005 and represents the state's 28th Congressional District.
Former government employee charged with making false Jan. 6 accusations
Ex-government employee Miguel Zapata is accused of sending fake FBI tips falsely accusing multiple coworkers of taking part in the Jan. 6, 2021, Capitol breach.
Some 100,000 "dreamers" likely to get Obamacare under new rule, White House says
Roughly 100,000 immigrants who were brought to the U.S. as children are expected to enroll in the Affordable Care Act's health insurance next year under a new administration rule, the White House says.
Hope Hicks testifies at Trump trial about fallout from "hush money" payments
Hope Hicks, one of former President Donald Trump's closest aides for years, told jurors how she handled the fallout from "hush money" payments made to two women before the 2016 election.
HealthWatch
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CDC says bird flu viruses "pose pandemic potential," cites major knowledge gaps
The Texas dairy worker infected by H5N1 "did not disclose the name of their workplace," frustrating investigators.
Want an easy way to relieve stress? Try this doctor-approved method.
Stress is hard to avoid, but experts say getting outdoors can have a positive impact on both our mental and physical health.
Halle Berry joins senators to announce menopause legislation
Actress Halle Berry joined with a group of bipartisan senators on Thursday to announce new legislation to promote menopause research, training and education.
Pregnancy-related deaths fall to pre-pandemic levels, new data shows
New CDC data shows about 680 women in the U.S. died during pregnancy or shortly after childbirth in 2023, a decline from the previous year.
UnitedHealth Group CEO reports cyberattack
UnitedHealth Group CEO Andrew Witty disclosed that a cyberattack on one of its subsidiaries earlier this year might affect up to a third of all Americans.
World
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Canadian police made 3 arrests in slaying of Sikh separatist leader
Three suspects were arrested and charged in the slaying of Hardeep Singh Nijjar by masked gunmen outside Vancouver.
Turkey halts all trade with Israel over mounting death toll in Gaza
The U.N. is warning that an Israeli offensive in Rafah would put hundreds of thousands of Palestinians "at imminent risk of death."
"Incredibly rare" dye that was once worth more than gold found in U.K.
The substance was found during a 2023 excavation of a Roman bathhouse.
Man arrested 30 years after companion's disappearance in Belgium
The woman — identified by the Brussels Times as Annie De Poortere — disappeared on November 12, 1994.
Ex-U.K. leader Johnson turned away from polling station for forgetting ID
Former U.K. Prime Minister Boris Johnson was turned away from a polling station for failing to bring a photo ID - required under a law introduced by his government.
Entertainment
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Book excerpt: "You Never Know" by Tom Selleck
In his new memoir the star of such hit TV series as "Magnum, P.I." and "Blue Bloods" writes of the serendipity that launched his career.
An exclusive look inside the making of singer Randy Travis' new AI-created song
Preview: More than a decade after a stroke robbed the country artist of his cherished singing voice, computer technology has helped create his new single, "Where That Came From."
Marc Summers unveils life story in one-man show
Marc Summers says bringing his play to New York City has been a "dream," after a career that's often has played out in front of a live audience.
Meet The Smashing Pumpkins new guitarist, Kiki Wong
Kiki Wong got her first guitar from Costco at 13 years old. Now she's joining The Smashing Pumpkins.
Marc Summers talks TV journey
The classic kids' game show "Double Dare" premiered in 1986, and was a massive success for Nickelodeon, which became one of the biggest cable channels of the 1990s. Behind much of that success was TV host Marc Summers. He's enjoyed a long career in front of and behind the camera, hosting and producing shows for Nick, Food Network and others. "CBS Mornings" met with the 72-year-old on the set of his new one-man play in New York City, called "The Life and Slimes of Marc Summers."
Technology
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Technology
Students use "Sidechat" app for protests
Sidechat, an app launched in 2022 where students can post anonymously about their colleges, is becoming a tool for those choosing to protest at U.S. campuses. Amanda Silberling, a senior culture writer for TechCrunch, joins CBS News with more details on the app.
Microsoft expanding biometric passkey access
Microsoft users can now use biometric passkeys, like a thumbprint or Face ID, to sign into Microsoft 365, Copilot. Jon Fingas, senior editor at Techopedia, has more.
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.
What is Sidechat? The controversial messaging app, explained
Sidechat, an anonymous messaging app, has been used by students to share opinions and updates, but university administrators say it has also fueled hateful rhetoric.
New nuclear reactor comes online in Georgia
Georgia is home to the nation's newest nuclear reactor. It's bringing clean energy to the state, but the project has run over budget and past its original completion date. Drew Kann, climate and environment reporter for The Atlanta Journal-Constitution, joins CBS News to explore the effort.
Science
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Bumblebee nests are under attack – and it's killing their babies
There's a newly-determined "major factor" in declining bumblebee populations – and it's attacking their nests.
Boeing to launch astronauts on new spacecraft
On Monday, Boeing plans to launch astronauts on its new spacecraft that is called Starliner. The test flight to the International Space Station is years behind schedule.
New nuclear reactor comes online in Georgia
Georgia is home to the nation's newest nuclear reactor. It's bringing clean energy to the state, but the project has run over budget and past its original completion date. Drew Kann, climate and environment reporter for The Atlanta Journal-Constitution, joins CBS News to explore the effort.
Historic cicada event underway in parts of U.S.
For the first time since 1803, two groups of periodical cicadas are emerging from the ground at the same time in parts of the Midwest and South. However, a small section of Central Illinois marks the only place where both the 13-year and 17-year cicadas are emerging in the same place. Dave Malkoff reports on the extraordinary event.
Summer heat waves already deadly in Asia, and it's still spring
Much of Asia is sweltering under a heat wave that one expert calls "by far the most extreme event in world climatic history."
Crime
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After striped bass poachers busted, New York alters fishing rules
In one find, a K-9 officer helped police find over a dozen fish buried in the sand and hidden behind logs and brush piles.
Detective searches gunshot residue testing site days before wife killed
Massachusetts investigators uncover a suspicious web history after Brian Fanion reports his wife Amy's death as a suicide.
Dentist accused of poisoning wife tried to plant suicidal letters, cops say
James Craig's lawyers have argued there is no direct evidence that he put poison in his wife's protein shakes.
Man arrested 30 years after companion's disappearance in Belgium
The woman — identified by the Brussels Times as Annie De Poortere — disappeared on November 12, 1994.
NYC man pleads guilty to selling exotic animal parts
Usher Weiss, 26, must pay a $5,000 fine and surrender all contraband.
Space
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Space
Boeing to send astronauts to space
Boeing is expected to launch its Starliner space capsule that will take two astronauts to the International Space Station. CBS News consultant Bill Harwood breaks down Boeing's mission.
In a first, China launches probe to get samples from far side of moon
It is the latest advance in China's increasingly sophisticated space exploration program, which is now competing with the U.S.
Meet the NASA astronauts on Starliner flight
Boeing is set to launch its first-ever spaceflight with humans next week. The Starliner spacecraft will lift off from Florida on Monday night for a multi-day mission to the International Space Station. Commander Barry "Butch" Wilmore and pilot Sunny Williams, two seasoned NASA astronauts who are a part of the mission, join CBS News to go over the flight.
New NASA images show iconic Horsehead Nebula in unprecedented detail
The Horsehead Nebula, which NASA has called "one of the most distinctive objects in our skies," is located in the constellation Orion.
Astronauts confident Boeing's Starliner is finally ready for crew flights
Astronauts Barry Wilmore and Sunita Williams say they have complete confidence in the Starliner despite questions about Boeing's safety culture.
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.
PHOTOS: Baltimore bridge collapses after cargo ship rams into overpass
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.
Could an Alabama woman have shot herself twice?
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?
CBS newsman Charles Osgood (1933-2024)
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.
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.
Latest CBS News Videos
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Latest CBS News Videos
Austin Tice's mother discusses release effort
In a statement Friday commemorating World Press Freedom Day, President Biden mentioned the case of Austin Tice, a freelance journalist who went missing in Syria in 2012 while covering the nation's civil war. "Face the Nation" moderator and CBS News chief foreign affairs correspondent Margaret Brennan sat down with Tice's mother, Debra, to discuss the latest U.S. efforts to find him and bring him home.
Students use "Sidechat" app for protests
Sidechat, an app launched in 2022 where students can post anonymously about their colleges, is becoming a tool for those choosing to protest at U.S. campuses. Amanda Silberling, a senior culture writer for TechCrunch, joins CBS News with more details on the app.
DACA recipients to get healthcare access
In November, thousands of DACA recipients will receive access to healthcare under the Affordable Care Act. CBS News senior White House correspondent Weijia Jiang breaks down the news.
Boeing to send astronauts to space
Boeing is expected to launch its Starliner space capsule that will take two astronauts to the International Space Station. CBS News consultant Bill Harwood breaks down Boeing's mission.
Police interventions at college protests
Law enforcement officials across the U.S. are still responding to protests at college campuses. Police clashed with protesters at Portland State University after manifestations spread into the school's library. CBS News' Jonathan Vigliotti reports.