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.
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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.
MyPillow founder and CEO Mike Lindell has announced he will run for Minnesota governor as a Republican against incumbent Gov. Tim Walz.
A federal judge in Maryland on Thursday ordered Kilmar Abrego Garcia's immediate release from Immigration and Customs Enforcement custody.
The Senate is voting Thursday on competing measures to lower health care costs, but both parties' bills are expected to fail. Follow live updates here.
Survivors of Jeffrey Epstein's sex crimes and a group of Democrats are asking for a review of the Epstein case files to determine whether the records have been "tampered" with or concealed, ahead of a release by next week.
The conservative firebrand, who is retiring from Congress early, and the president are engaged in bitter falling-out.
Miami Mayor-elect Eileen Higgins will be the city's first Democratic mayor in nearly three decades.
The Trump administration is adding another militarized zone to the southern U.S. border to support border security operations — this time in California, officials say.
The U.S. seized a 20-year-old oil tanker called The Skipper off the coast of Venezuela on Wednesday, three sources told CBS News. Here's what we know about the boat and the operation.
Erika Kirk has a message for people who sought to justify the assassination of her late husband, Charlie Kirk.
The push to redistrict in Indiana has a crucial vote in the state's Senate on Thursday.
Republican Rep. Brian Fitzpatrick of Pennsylvania introduced a discharge petition to try to bring a bill to the floor that would extend the Affordable Care Act subsidies by two years.
President Trump said the U.S. has seized an oil tanker, which Attorney General Pam Bondi said has been "used to transport sanctioned oil from Venezuela and Iran."
The Federal Reserve is grappling with economic issues including higher inflation and a slowing labor market.
Democrats are pushing a three-year extension of the premium tax credits with no reforms. Republicans have no appetite for the plan, but haven't built a consensus around any proposal of their own.
The Trump administration is proposing to ask visitors from countries with visa-free travel to the U.S. to submit five years of their social media history before they can enter.
A U.S. district judge blocked Trump from deploying the California National Guard in Los Angeles and said control of the Guard must be returned to Gov. Gavin Newsom.
A federal judge in New York has granted a request from the Justice Department to unseal more files related to convicted sex offender Jeffrey Epstein.
The legislation sets lawmakers' defense priorities and authorizes spending levels for the Defense Department and national security programs.
In a new strategy memo, the leader of the Democratic Legislative Campaign Committee makes a case that the party has a "once in a generation" chance to flip over 650 state legislative seats.
Under Rod Paige's leadership, the Department of Education implemented the No Child Left Behind policy that in 2002 became former President George W. Bush's signature education law.
President Trump says he's winning the war against inflation. But a look at prices around the U.S. shows why many Americans still feel financially squeezed.
NASCAR has reached a settlement of the bruising antitrust lawsuit filed against it by two of its race teams, including one co-owned by NBA great Michael Jordan.
MyPillow founder and CEO Mike Lindell has announced he will run for Minnesota governor as a Republican against incumbent Gov. Tim Walz.
An American special forces veteran led the operation to get María Corina Machado out of Venezuela: "The first Nobel Prize winner that we've ever rescued."
A federal judge in Maryland on Thursday ordered Kilmar Abrego Garcia's immediate release from Immigration and Customs Enforcement custody.
President Trump says he's winning the war against inflation. But a look at prices around the U.S. shows why many Americans still feel financially squeezed.
Disney said on Thursday it will make a $1 billion equity investment in OpenAI under a new partnership with the Sora and ChatGPT developer.
NHTSA said faulty software may cause Waymo vehicles to pass a stopped school bus even when its red lights are flashing or its stop arm is extended.
Federal prosecutors in New York moved to drop charges against former Fox employee Hernan Lopez and Full Play Group, an Argentine sports media rights company.
Here are the top 20 largest Powerball and Mega Millions jackpots in history, and the odds of winning them.
MyPillow founder and CEO Mike Lindell has announced he will run for Minnesota governor as a Republican against incumbent Gov. Tim Walz.
A federal judge in Maryland on Thursday ordered Kilmar Abrego Garcia's immediate release from Immigration and Customs Enforcement custody.
The Senate is voting Thursday on competing measures to lower health care costs, but both parties' bills are expected to fail. Follow live updates here.
Survivors of Jeffrey Epstein's sex crimes and a group of Democrats are asking for a review of the Epstein case files to determine whether the records have been "tampered" with or concealed, ahead of a release by next week.
The conservative firebrand, who is retiring from Congress early, and the president are engaged in bitter falling-out.
Health officials say an infant botulism outbreak tied to ByHeart baby formula has been expanded to include all illnesses reported since the company began production in 2022.
CBS News chief medical correspondent Dr. Jon LaPook speaks at length with former CDC director Dr. Rochelle Walensky about the hepatitis B vaccine and last week's vote by the CDC's vaccine advisory panel to change the recommendation for when children should get their first dose of the vaccine.
Genesis HealthCare's bankruptcy case in Dallas will allow the nursing home chain to avoid paying millions of dollars it promised for residents who were injured or died while in its care.
Mixed nuts from Ohio-based Mellace Family Brands sold at some Wegmans stores could be tainted with Salmonella, FDA warns.
The Centers for Disease Control and Prevention's vaccine advisory panel on Friday voted to not recommend the Hepatitis B vaccine for everyone at birth, alarming many in the medical community. CBS News medical contributor Dr. Celine Gounder explains what to know about the decision and its potential impact.
An American special forces veteran led the operation to get María Corina Machado out of Venezuela: "The first Nobel Prize winner that we've ever rescued."
Police said they wanted to talk to four unidentified men, all wearing caps or hoodies, seen in the CCTV images carrying bags in the early hours.
María Corina Machado had been in hiding in Venezuela since January, when she was briefly detained after joining supporters in a protest in Caracas.
The U.S. seized a 20-year-old oil tanker called The Skipper off the coast of Venezuela on Wednesday, three sources told CBS News. Here's what we know about the boat and the operation.
President Trump said the U.S. has seized an oil tanker, which Attorney General Pam Bondi said has been "used to transport sanctioned oil from Venezuela and Iran."
The iconic movie "Waiting to Exhale," starring Angela Bassett, Whitney Houston, Loretta Devine and Lela Rochon premiered 30 years ago this month. The film, which had an all Black cast and focused on female empowerment, was a box office hit. "CBS Mornings" co-host Gayle King spoke with the stars of the film about the movie and what Houston would think.
Singer-songwriter Sombr is up for Best New Artist of the Year at the Grammy Awards. He was the only writer on his debut album, "I Barely Know Her." He spoke to Anthony Mason about where his journey began and his whirlwind year.
Grammy-winning country music superstar Carly Pearce joins "CBS Mornings" to talk about her highly-anticipated fifth studio album, fans relating to the lyrics in her music and being vulnerable.
Five-time Grammy Award winner Joe Bonamassa may already hold the record for the most No. 1 albums on the Billboard blues albums chart with 29, but he has no plans to stop anytime soon. His upcoming album is a tribute to B.B. King and includes tracks from artists like Aloe Blacc and Eric Clapton. "CBS Mornings" gets a behind-the-scenes look.
Sophie Kinsella, whose real name was Madeleine Wickham, was diagnosed with aggressive brain cancer in 2022.
Disney said on Thursday it will make a $1 billion equity investment in OpenAI under a new partnership with the Sora and ChatGPT developer.
With the world's first social media ban for children and teenagers under 16 now in effect in Australia, its initial political architect reveals it was personally inspired by his wife, for their four children.
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.
For thousands of parents in 39 countries, including the U.S., the goal is simple: More time outdoors, and a childhood lived offline as much as possible.
Australia began enforcing a social media ban for kids under the age of 16. CBS News' Ramy Inocencio reports.
Paleontologists have discovered and documented 16,600 footprints left by theropods, the dinosaur group that includes the Tyrannosaurus rex.
Samples collected from the asteroid Bennu are continuing the shed light on the origins of the solar system and how life developed on Earth, scientists say.
Kian Sadeghi, the 25-year-old founder and CEO at Nucleus Genomics, tells "CBS Mornings" that parents have every right to select the qualities and traits they desire in their child.
Ant colonies act as one "super-organism" which works to ensure the survival of all, according to a team of scientists.
The discovery could cast some doubt on the status of Lucy's species as the direct ancestor of Homo sapiens.
Police said they wanted to talk to four unidentified men, all wearing caps or hoodies, seen in the CCTV images carrying bags in the early hours.
Prosecutors have charged Tyler Robinson with aggravated murder in the Sept. 10 shooting of conservative activist Charlie Kirk. They plan to seek the death penalty.
Documents and images show luxury purchases and wire transfers to China and East Africa.
Arrests across the U.S. have dropped by 25% compared to the onset of the pandemic in 2019, an analysis by the Council on Criminal Justice released Tuesday found.
Officials warn that more unserialized, untraceable ghost guns found on New York City's streets could soon spread to other areas across the U.S. CBS News' Anna Schecter has more.
NASA has lost contact with a spacecraft that's been orbiting Mars for more than a decade.
The European Space Agency said that the black hole inside the spiral galaxy NGC 3783 has the mass of 30 million suns.
Russian Soyuz crews are now spending eight months aboard the space station instead of six to stretch supplies and lower costs.
Samples collected from the asteroid Bennu are continuing the shed light on the origins of the solar system and how life developed on Earth, scientists say.
The U.S. Air Force has approved SpaceX's plan to redevelop a historic launch pad at Cape Canaveral. CBS News correspondent Mark Strassmann reports.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
A retrospective look at the actor, director, producer, and founder of the Sundance Institute.
Erika Kirk has one word for Candace Owens, who has been peddling conspiracy theories about her late husband, Charlie Kirk. Watch the one-hour CBS News town hall, moderated by editor-in-chief Bari Weiss, Saturday at 8 p.m. ET/CT on CBS.
The Trump administration carried out an operation near Venezuela targeting an oil tanker. Robert B. Murrett, deputy director of the Syracuse University Institute for Security Policy and Law, joined CBS News with his take on the seizure.
Homeland Security Secretary Kristi Noem testified before a House committee on worldwide threats. Protesters interrupted Noem's opening statement on Thursday,
The Trump administration has unveiled plans to vet tourists from 42 countries enrolled in the visa waiver program. CBS News' Camilo Montoya-Galvez reports.
The Senate is preparing to vote on dueling proposals to mitigate the impact of the Affordable Care Act tax subsidies expiring. CBS News' Taurean Small reports.