U.S. sanctions 6 leaders and affiliates of Venezuelan gang Tren de Aragua
The U.S. Treasury sanctioned six leaders and affiliates of the Venezuelan gang Tren de Aragua, including the head of the group, known by the alias "Niño Guerrero."
United States Department of the Treasury
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U.S. sanctions North Korean member of Kim Jong Un's spy agency
Song Kum Hyok is accused of masterminding a scheme in which North Korean cyber operatives posed as U.S. remote IT workers for unwitting companies.
North Korean operative sanctioned by U.S.
The Treasury Department has sanctioned a North Korean cyber operative accused of running a scheme using remote IT jobs to raise money for leader Kim Jong Un's nuclear program. CBS News Homeland Security correspondent Nicole Sganga reports.
Bessent says tariffs have helped the U.S.
Treasury Secretary Scott Bessent said in a Cabinet meeting that tariff hikes have already helped the U.S. "We will have taken in about $100 billion in tariff income this far this year," Bessent said. The comment comes as the White House increases pressure on certain trade partners to make deals with the U.S. CBS News MoneyWatch correspondent Kelly O'Grady has the latest updates on how markets are responding.
Why everyone from Musk to Wall Street is worried about U.S. debt payments
The federal government now spends more on servicing its debt than it does on defense. The GOP's new tax bill could ratchet that higher, experts say.
Will famous penny sayings outlast the coin itself?
The Treasury Department said it plans to stop manufacturing the penny, calling time on one of the first coins minted by the U.S. government. "CBS Evening News" co-anchor Maurice DuBois takes a look at the wisdom inspired by the centuries-old coin.
Treasury Department set to phase out the penny
The Treasury Department said it placed its final order for penny blanks this month as the U.S. moves to end production of the 1-cent coin.
Target reports weaker sales
Stocks tumbled Wednesday amid concerns the new budget bill in Congress could deepen the U.S. deficit. Earlier in the day, Target reported weaker-than-expected earnings due partly to anxiety about the implications of President Trump's tariffs. Javier David, business editor at the Dallas Morning News, joins "America Decides" with analysis.
Why did treasury yields spike?
Stocks fell across the board on Wednesday with the Dow Jones plummeting more than 800 points. A spike in treasury yields led to the selloff as investors voiced concerns about the GOP spending bill proposed by President Trump. CBS News contributor Javier David breaks it down.
Dow tumbles over 800 points, bond yields spike
The Dow Jones dropped more than 800 points on Wednesday. Paul La Monica, senior writer for Barron's, joins CBS News to examine what's behind the selloff.
Why only the dead can appear on U.S. money
Among the 5,800 bills before Congress, one piece of legislation would create a $250 bill bearing the image of President Trump. At the moment, the law only allows deceased individuals on our money.
U.S. could face default by August if debt ceiling not addressed, Bessent says
The so-called "X-date" marks when the government could run out of borrowing power and face an unprecedented default without action from Congress to address the debt limit.
Report: IRS down almost a third of its workers
A new watchdog report from the Treasury Department reveals the Internal Revenue Service has lost almost a third of its tax auditors. The cuts are a result of the Trump administration's efforts to trim the federal workforce through its Department of Government Efficiency, or DOGE. CBS News MoneyWatch associate managing editor Aimee Picchi has more.
Federal spending in Trump's first 100 days
Despite President Trump's promises to cut government spending, the Treasury Department's daily financial reports reveal that the U.S. has spent about $220 billion more in Mr. Trump's first 100 days than during the same period in 2024. CBS News vice president of data journalism John Kelly breaks down the numbers.
Bond market signals tariffs' economic impact
While U.S. stocks ended Friday on a high note following a week of volatile trading tied to President Trump's tariffs, the bond market likely pushed the president to implement a 90-day pause. Bill Cohan, Wall Street author for Puck, joins "America Decides" to explain.
Hunter Biden IRS whistleblowers get promoted
Two Internal Revenue Service whistleblowers who accused the Justice Department of providing Hunter Biden with special treatment are getting new jobs at the Treasury Department. Treasury Secretary Scott Bessent says they will now "investigate the wrongdoing that's going on at the IRS." CBS News investigative producer Michael Kaplan joins "America Decides" to discuss.
Bessent "not concerned" about market tumble
Treasury Secretary Scott Bessent is trying to reassure the public about the state of the economy amid recent market struggles following President Trump's tariff threats. David Wessel, Brookings senior fellow in economic studies, and Sarah McGregor, Bloomberg News national desk managing editor, join CBS News with analysis.
White House hosts first cryptocurrency summit
Leaders from the cryptocurrency industry gathered at the White House on Friday for its first-ever "digital assets" summit. Victoria Guida, economics correspondent for Politico, joins "America Decides" to examine why President Trump is focusing on bolstering Bitcoin.
New Jersey AG on pushing back against DOGE
A federal judge has temporarily barred Elon Musk and his Department of Government Efficiency from retrieving sensitive Treasury Department records. Attorneys general in 19 Democratic-led states sought the block, accusing the Trump administration of violating federal law. New Jersey Attorney General Matt Platkin joins "America Decides" to unpack the legal action.
Breaking down DOGE hearing
A federal judge extended the temporary restraining order barring Elon Musk's Department of Government Efficiency, known as DOGE, from accessing Treasury Department records containing the personal data of millions of Americans. CBS News political reporter and attorney Katrina Kaufman has more.
Trump's plan to scrap the penny spikes interest for coin collectors
Collectors said the value of certain pennies could rise if the U.S. Treasury stopped manufacturing the coin.
Trump directs Treasury to stop minting new pennies, citing cost
The U.S. Mint reported losing $85.3 million in the 2024 fiscal year that ended in September on the nearly 3.2 billion pennies it produced.
Former Treasury worker raises alarm on DOGE access
Elon Musk's access to the Treasury's payment system is raising concerns about federal funding and personal data. Major Garrett speaks to a former Treasury employee about the role of the agency and the sensitive data it handles.
DOGE blocked from accessing Treasury records after lawsuit
New York Attorney General Letitia James said "this level of access for unauthorized individuals is unlawful, unprecedented, and unacceptable."
Inside Elon Musk's government takeover
A tech-focused media outlet has become a premiere source for breaking news on Elon Musk, his inner circle and their efforts to reshape the federal government. Katie Drummond, global editorial director of Wired, joins "America Decides" to unpack the reporting.
Missing Auburn University student in Japan found dead, mother says
James Higginbotham was found dead in a mountainous area outside Kyoto by a volunteer search-and-rescue group, his mother said.
Live
U.S. and Iran trade another round of fire
It's unclear how close the U.S. and Iran are to striking a deal, as an Iranian official says "the ball is in Trump's court," and Israel-Hezbollah hostilities continue.
Prediction markets have become a draw for young men. Here's why
Prediction markets have become a draw for young men in search of quick cash and thrills, experts say. "I had almost $4,600 at one point but squandered that," one man said.
In France, Hegseth invokes immigration and "invasion" in D-Day remarks
Hegseth's speech echoed broader Trump administration rhetoric over border security and migration in Europe.
U.S. doctor with Ebola recovers from deadly virus, German hospital says
Dr. Peter Stafford was working with a missionary group in the Congo when he came down with the virus last month.
Israeli forces kill Palestinian baby in the West Bank: Health ministry
Sam Fahd Abu Haikal was killed Friday evening, and his parents were wounded, the Palestinian health ministry said.
FBI fires analysts who worked on memo about Catholic extremist ideology
The five fired FBI analysits were involved in the creation of a withdrawn internal 2023 intelligence memo on "Radical Traditionalist Catholic" ideology, sources said.
Graham Platner faces another controversy days ahead of Maine Senate primary
This week, the New York Times reported allegations of Platner's "unsettling" behavior toward women he dated, including one claim that he was physically abusive, which Platner denies.
Knicks beat Spurs for 2-0 lead in NBA Finals
The red-hot Knicks are going home, two wins away from an NBA championship that the capital of the world has been waiting to see for generations.
U.S.
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Prediction markets have become a draw for young men. Here's why
Prediction markets have become a draw for young men in search of quick cash and thrills, experts say. "I had almost $4,600 at one point but squandered that," one man said.
Why a 55-mile trek is a mandatory rite of passage for freshmen at one high school
The five-day, 55-mile Appalachian Trail hike is a 53-year tradition for freshmen at St. Benedict's Preparatory School.
Park ranger dies after falling into crevasse on America's tallest peak
The National Park Service said a ranger in Alaska fell into a crevasse and died on North America's tallest mountain.
FBI fires analysts who worked on memo about Catholic extremist ideology
The five fired FBI analysits were involved in the creation of a withdrawn internal 2023 intelligence memo on "Radical Traditionalist Catholic" ideology, sources said.
Exclusive
After deadly bus crash, investigators probe company's links to other carriers
The company that operated a bus involved in a deadly crash in Virginia last week has ties to a broader network of travel firms, including one shut down by regulators a decade ago, a CBS News investigation has found.
MoneyWatch
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Prediction markets have become a draw for young men. Here's why
Prediction markets have become a draw for young men in search of quick cash and thrills, experts say. "I had almost $4,600 at one point but squandered that," one man said.
The job market is much stronger than economists expected. Why?
Americans say it's tough to find a job, but employers just added a surprisingly strong 172,000 new hires in May.
Second Facebook privacy settlement payment is coming soon
The additional payouts come from uncashed settlement funds and will be issued to eligible claimants beginning on June 9.
Employers added 172,000 jobs in May, surging past expectations
The labor market continues to show strength despite rising inflation and concerns about slowing economic growth.
Meta is selling $3.99 monthly subscriptions for Instagram Plus
The new paid tier adds features like longer stories and deeper metrics as Meta looks to diversify revenue beyond advertising.
Politics
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Becerra advances in California governor's race, CBS News projects
Former U.S. Health and Human Services Secretary Xavier Becerra, a Democrat, will advance to the November election in the California governor's race, CBS News projects. A second candidate in the race has not yet been projected to advance.
Colombia's Petro accuses Trump of intervening in his country's election
Colombian President Gustavo Petro argues the U.S. has chosen to align against his government and back forces he identifies as complicit in the drug trade.
No bags, no watch parties: What to expect when Trump attends NBA Finals
As President Trump prepares to watch the New York Knicks take on the San Antonio Spurs at Madison Square Garden, officials are planning for a heightened security posture, sources said.
FBI fires analysts who worked on memo about Catholic extremist ideology
The five fired FBI analysits were involved in the creation of a withdrawn internal 2023 intelligence memo on "Radical Traditionalist Catholic" ideology, sources said.
DOJ confirms in court papers the "anti-weaponization fund" isn't going forward
In a pair of legal filings Friday, the Justice Department stated in writing for what appears to be the first time that a controversial $1.7 billion "anti-weaponization fund" will not continue.
HealthWatch
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U.S. doctor with Ebola recovers from deadly virus, German hospital says
Dr. Peter Stafford was working with a missionary group in the Congo when he came down with the virus last month.
Veteran runs to fight "life-changing disease" after minor symptoms
Dr. Sara Whittingham thought she would know if something was wrong. But her minor symptoms had a surprising cause.
In Congo, doctors face Ebola with little protection: "We live with fear"
Travel bans and conflict have disrupted supply chains in the Democratic Republic of Congo, leaving health workers without Ebola tests and protective gear needed to contain the outbreak.
FDA moves ahead with safety study of abortion pill mifepristone
The FDA is moving ahead with a safety study of the abortion pill mifepristone, a senior FDA official confirmed to CBS News, a step that could create a path for the Trump administration to restrict access to the medication.
Upcoming billing change could make pregnancy pricier
Come January, pregnancy care physician billing codes will change from a bundled system to an à la carte one.
World
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Jared Kushner-backed luxury resort stokes days of protests in Albania
The so-called "Flamingo Revolution" has taken up the cause of protecting the Albanian coast from a development led by the president's son-in-law.
In France, Hegseth invokes immigration and "invasion" in D-Day remarks
Hegseth's speech echoed broader Trump administration rhetoric over border security and migration in Europe.
Missing Auburn University student in Japan found dead, mother says
James Higginbotham was found dead in a mountainous area outside Kyoto by a volunteer search-and-rescue group, his mother said.
Russian teen claims first Grand Slam tennis title with French Open win
The eighth-ranked Andreeva ended the run of 114th-ranked Polish qualifier Maja Chwalinska in the French Open final on Saturday.
Pope Leo arrives in Spain for first papal visit in 15 years
Spaniards find themselves increasingly divided over issues including immigration, feminism and political corruption.
Entertainment
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Entertainment
Patton Oswalt on his new comedy special
Patton Oswalt sits down with "CBS Saturday Morning" to discuss his new special, "Tea & Scotch," and reflect on his comedic journey.
Simon Pegg and Lizzy McAlpine on new film
Simon Pegg and Lizzy McAlpine sit down with "CBS Saturday Morning" to discuss their new film, "Only What We Carry," which was shot in six days and mostly improvised.
Ashley McBryde performs "Ten To Midnight"
Grammy-winning country music star Ashley McBryde's latest album, "Wild," draws on her experiences growing up in the Ozarks and her journey to sobriety. Ahead of her summer U.S. tour, here's Ashley McBryde performing "Ten To Midnight."
Ashley McBryde performs "Bottle Tells Me So"
Grammy-winning country music star Ashley McBryde's latest album, "Wild," draws on her experiences growing up in the Ozarks and her journey to sobriety. Ahead of her summer U.S. tour, here's Ashley McBryde performing "Bottle Tells Me So."
Ashley McBryde performs "What If We Don't"
Grammy-winning country music star Ashley McBryde's latest album, "Wild," draws on her experiences growing up in the Ozarks and her journey to sobriety. Ahead of her summer U.S. tour, here's Ashley McBryde performing "What If We Don't."
Technology
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Prediction markets have become a draw for young men. Here's why
Prediction markets have become a draw for young men in search of quick cash and thrills, experts say. "I had almost $4,600 at one point but squandered that," one man said.
Anthropic on global pause on AI development
Anthropic is urging a pause in AI development amid growing concerns about future risks, though some experts question the company's motives. Vicky Ge Huang, a reporter for The Wall Street Journal, joins CBS News with more details.
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.
Alarm over computer "worms" created with AI
Experts are warning about computer "worms" created with AI that can infect devices and harm users without restraint. University of Toronto professor Nicolas Papernot joins with more.
New details on SpaceX IPO plans
SpaceX is going public this month, and it could be the largest-ever stock market debut. As it plans this move, SpaceX has amended the language in its IPO filing to address the company's growing need for water, particularly to expand its data centers. CBS News' Kelly O'Grady reports, and University of California, Riverside, associate professor Shaolei Ren joins to discuss.
Science
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El Niño could bring more widespread coral bleaching, NOAA warns
The expected arrival of El Niño this summer could trigger another mass coral bleaching event, which would be the fifth on record, researchers said.
Scientists find yeast in frozen mummy's guts, use it to make bread
More than 5,300 years ago, Oetzi the Iceman was strolling through the Alps on the border of Austria and Italy when he was killed by an arrow in the back.
Meteor lights up southern Michigan
Days after a meteor exploded over New England, another fireball was spotted, visible in the Midwest to the Northeast. Rob Marciano has more.
Ancient coin, mysterious markings found under Notre Dame cathedral
A team of archaeologists at the iconic cathedral is digging straight down and back in time, to Roman Paris 2,000 years ago.
NASA taps 2 companies to develop buggies for its moon base program
The FLEX Rover will be equipped to carry two astronauts and traverse hundreds of miles of lunar terrain.
Crime
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Crime
L.A. police chase ends in deadly shooting
The freeways of Los Angeles saw two big police pursuits on Friday. The first chase ended when authorities reported that a robbery suspect was shot and killed on the busy 405 Freeway during morning rush hour. In the second incident, an alleged carjacker was taken down by a police K-9 following a meandering three-hour chase. Carter Evans has more.
Marine veteran fights off armed attackers
A Marine veteran was working on his truck in front of his home in Oxon Hill, Maryland, this week, when four teens tried to rob him at gunpoint. That is when his military training kicked in. Tom Hanson reports.
Judge orders detention of ex-CIA official found with $40 million in gold bars
Former CIA official David Rush was arrested in May after FBI agents found gold bars worth about $40 million at his home while probing whether he had lied about his educational and military background, according to court records.
Man attacks 21-year-old over lake access
Steven Dana, 70, is facing multiple charges, including attempted murder, after a video emerged of him attacking a 21-year-old man who was riding a jet ski in Massachusetts' Lake Maspenock with friends. CBS News Boston's Anna Meiler reports.
Man gets life in prison for double murder scheme in affair with au pair
Brendan Banfield, a former IRS law enforcement officer, claimed he shot Joseph Ryan after he came across Ryan attacking his wife.
Space
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Space station crew briefly moves to "safe haven" amid concerns over leaks
Out of an abundance of caution, NASA briefly directed five of the seven crew members aboard the International Space Station to wait inside the docked SpaceX Crew Dragon "Freedom" spacecraft.
Sun erupts with 3 solar flares, raising chances of northern lights for U.S.
Three solar flares burst from the sun this week, raising the chances of seeing the northern lights for people across the United States.
NASA reluctantly gives up on lost orbiter: "Best Mars mission ever"
NASA officials said the $582 million MAVEN orbiter could not be recovered after a problem on the far side of Mars late last year, and that its extraordinarily successful mission was at an end.
Blue Origin vows to resume New Glenn launches despite explosion
Damage to Blue Origin's lone launch pad in the wake of last week's spectacular explosion was not as severe as initially feared, the company said.
NASA taps 2 companies to develop buggies for its moon base program
The FLEX Rover will be equipped to carry two astronauts and traverse hundreds of miles of lunar terrain.
Latest Galleries
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Notable Deaths in 2026
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Summer music highlights of 2026
Summer is the time to enjoy live music, indoors and out. Scroll through our gallery of some of 2026's leading musical acts, featuring images by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
Evidence in the Barbara Kendhammer case
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Timeline: The disappearance of George Smith
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Who is Alix Tichelman?
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Latest CBS News Videos
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Latest CBS News Videos
World Cup sparks boom in U.S. youth soccer
The World Cup begins next week, but ahead of the competition, "CBS Saturday Morning" visits Chicago, where kids from various backgrounds are exposed to soccer through USA Soccer's "Soccer Forward" program.
Albanians protest Kushner-backed resort plan
Crowds of Albanians gathered in Tirana to continue protesting plans for a resort backed by President Trump's son-in-law, Jared Kushner, set to go up on the country's Adriatic coast. CBS News' Emmet Lyons reports.
The Dish: Bánh Anh Em
Bánh Anh Em is the newest restaurant by chef Nhu Ton and John Nguyen, where they say memory is the secret ingredient to their acclaimed Vietnamese food.
Patton Oswalt on his new comedy special
Patton Oswalt sits down with "CBS Saturday Morning" to discuss his new special, "Tea & Scotch," and reflect on his comedic journey.
Simon Pegg and Lizzy McAlpine on new film
Simon Pegg and Lizzy McAlpine sit down with "CBS Saturday Morning" to discuss their new film, "Only What We Carry," which was shot in six days and mostly improvised.