Spain minister reassures on bank recapitalization
Says money needed to prop up Spain's troubled banking sector is not as excessively high as some have speculated; repeats call for a European banking union
Europe in Crisis
World stock markets fall as Europe worries rise
U.S. officials have said Washington expects more action to strengthen the European banking system in the next two weeks before the G20 meeting
Portugal passes latest bailout test
Country has stuck with its agreed program of austerity measures, featuring pay cuts and tax hikes, and broad economic reforms
Cyprus preparing for possible Greek euro exit
Cyprus' president says he has tasked officials to draw up plans on how the country would deal with Greece's possible exit from the eurozone
Eurozone mired in record unemployment
The April jobless rate across the 17 countries in the currency union was 11 percent, its highest level ever
Irish voters back EU deficit treaty
Referendum on the European Union's deficit-fighting treaty passes with a resounding 60.3 percent "yes" vote
Spain bond yields rise as minister warns on euro
Bond yields - a measure of investor confidence in a country's debt - were also very high in Italy, which has big debts and is in recession
Greek radical left seeks vote to cancel bailout
Alexis Tsipras vows Friday to cancel Greece's international bailout agreement if he wins an upcoming repeat ballot
Eurozone inflation falls more than expected in May
Annual consumer price increases slow to a 15-month low of 2.4 percent; lower energy prices, weak economic activity are thought to be behind the fall
Markets closing out tough month
U.S. stocks are set to suffer first negative month since last summer, oil prices have slid and the euro has fallen to a near two-year low
Stocks tumble as outlook in Europe dims
Borrowing rates for Italy and Spain rose sharply Wednesday on mounting fears of financial contagion in the eurozone
Greek chaos provides opening for far-right party
Anti-immigrant, pro-gun Golden Dawn party capitalize on voters' frustration amid euro crisis
Markets tank as Spain woes deepen
The euro has also taken a battering and is now trading around two-year lows against the dollar
EU calls for "banking union" to ease crisis
Such a union would centrally oversee and - if needed - bail out the sector, which has become a weak link in the continent's financial system
Oil falls below $90 as Europe's economy falters
Crude has plunged 15 pct from four weeks ago on investor fears that political turmoil in Greece could trigger a chaotic exit from the euro
Spain's borrowing cost soars
Costs have risen close to levels where other debt-stricken countries such as Greece and Ireland have asked for an international bailout
Greece agrees to cuts for bailout from Europe
Leaders of Greece's political parties signed a pledge to implement the drastic budget cuts Europe is demanding in exchange for a bailout. Elizabeth Palmer reports on the desperation of those affected by the cuts.
Economy: Europe vs. GOP version of Europe
The state of the European economy has become something of an issue in our presidential campaign, but how bad things are over there? Correspondent Allen Pizzey finds out.
Reich: Europe is not going down the tubes
Stocks fell across Europe and Asia after the French election, and after voters in Greece put that nation's bailout deal in doubt. Former Labor Secretary Robert Reich talks to Charlie Rose and Erica Hill about these issues might affect the U.S. Reich's new e-book is called "Beyond Outrage: What Has Gone Wrong with our Economy and Our Democracy, and How to Fix Them."
Greek banks to get $23B from bailout fund
Political uncertainty has impacted bank deposits as people have been withdrawing their money to hedge against the country's possible return to the drachma
EU summit ends with lots of uncertainty, few plans
Uncertainty remains over what Europe should do to spark economic growth, and how to deal with the Greek crisis
EU running out of time as Greece nears the exit
European leaders aim to have more concrete proposals for strengthening the region at their next summit on June 28-29
ECB official calls for urgent financial overhaul
Official says the eurozone crisis has been undermining much of the crossborder financial markets' integration brought about by the euro
Record drop in retail sales adds to Spain's woes
Retail sales dropped 9.8 percent in the year to April as the country battled against its second recession in three years and a 24.4 percent jobless rate
Euro falls to 22-month low against dollar
Euro fell to $1.246 in afternoon trading Tuesday, its lowest point against the dollar since July 2010
CBS Essentials
Shopping
How to watch the Cardinals vs. Seahawks NFL game today
Here's how to watch the Cardinals take on the Seahawks today.
Shopping
How to watch the 49ers vs. Packers NFL game today
Find out how (and where) to watch the 49ers face off with the Packers today.
Shopping
How to watch the Cowboys vs. Commanders NFL game today
Find out how (and where) to watch the Cowboys take on the Commanders today.
Shopping
How to watch the Eagles vs. Rams NFL game today
Want to watch the Philadelphia Eagles vs. Los Angeles Rams NFL game today? Here's how.
Shopping
How to watch the Chiefs vs. Panthers football game today
Here's everything you need to know about watching the Kansas City Chiefs-Carolina Panthers game today.
Shopping
How to watch the Buccaneers vs. Giants football game today
Want to know how to watch the Tampa Bay Buccaneers vs. New York Giants NFL game today? Here's what you need to know.
Shopping
How to watch the Patriots vs. Dolphins NFL game today
Want to know how to watch the New England Patriots vs. Miami Dolphins NFL game today? Here's what you need to know.
Shopping
How to watch the Lions vs. Colts NFL game today
Find out how (and where) to watch the Lions face off with the Colts today.
Shopping
How to watch the Vikings vs. Bears NFL game today
Find out how (and where) to watch the Vikings face off with the Bears today.
U.S.
More U.S.
After Swiss Alps bar fire, a look at America's past nightclub and bar fires
A look at bar and nightclub fires in the United States with significant death tolls and similar risks that led to the tragedies.
U.S. says China military drills near Taiwan "increase tensions unnecessarily"
Chinese war games around Taiwan "unnecessarily" spiked tensions in the region, the U.S. State Department said, calling on Beijing to "cease its military pressure."
Trump says he underwent CT scan, not MRI, during October examination
"In retrospect, it's too bad I took it because it gave them a little ammunition," President Trump told The Wall Street Journal.
Coast Guard searches for 77-year-old woman who went overboard from cruise ship
The woman was a passenger on the Nieuw Statendam cruise ship, which was roughly 40 miles northeast of Sabana, Cuba, when she went overboard, the Coast Guard said.
U.S. reduces proposed tariffs on Italian pasta, Italy says
Steep U.S. import duties targeting 13 Italian pasta makers will be sharply reduced, Italy's foreign ministry said on Jan. 1.
MoneyWatch
More MoneyWatch
U.S. reduces proposed tariffs on Italian pasta, Italy says
Steep U.S. import duties targeting 13 Italian pasta makers will be sharply reduced, Italy's foreign ministry said on Jan. 1.
Trump administration delays tariff increases on furniture, kitchen cabinets
The one-year delay comes as President Trump has rolled back some other import duties amid affordability concerns.
Price hikes hit ACA health insurance plans as subsidies expire
Enhanced tax credits that have helped Americans offset the cost of Affordable Care Act health insurance for the last four years expired overnight.
What's open on New Year's Day 2026? See which stores are operating.
Banks, post offices and major stock exchanges will be closed in observance of the federal holiday, but some stores are open.
Federal appeals court blocks Hawaii's tourist tax on cruise ships
The levy, which would impose a new 11% tax on the gross fares paid by a cruise ship's passenger, was set to go into effect at the start of 2026.
Politics
More Politics
White House aiming to get final approval for Trump-backed ballroom by March
The Trump administration is aiming to move a planned 90,000-square-foot White House ballroom through the federal government's review process at a rapid clip, with final approvals as soon as early March.
U.S. says China military drills near Taiwan "increase tensions unnecessarily"
Chinese war games around Taiwan "unnecessarily" spiked tensions in the region, the U.S. State Department said, calling on Beijing to "cease its military pressure."
Trump says he underwent CT scan, not MRI, during October examination
"In retrospect, it's too bad I took it because it gave them a little ammunition," President Trump told The Wall Street Journal.
Trump administration delays tariff increases on furniture, kitchen cabinets
The one-year delay comes as President Trump has rolled back some other import duties amid affordability concerns.
Price hikes hit ACA health insurance plans as subsidies expire
Enhanced tax credits that have helped Americans offset the cost of Affordable Care Act health insurance for the last four years expired overnight.
HealthWatch
More HealthWatch
Price hikes hit ACA health insurance plans as subsidies expire
Enhanced tax credits that have helped Americans offset the cost of Affordable Care Act health insurance for the last four years expired overnight.
Some states ban junk food from SNAP benefits
In 2026, several states are set to prohibit individuals from purchasing certain junk food items using their federal benefits. Meg Oliver has the details.
Flu cases spiking this holiday season, CDC data shows
The Centers for Disease Control and Prevention says 32 jurisdictions are showing "high" or "very high" levels of flu.
New California tortilla law aims to decrease birth defects in Latino babies
Mom-and-pop shops will be exempt from this change, but big manufacturers in California will need to start adding folic acid to tortillas beginning January 1.
Advances in treatment for Alzheimer's disease
The number of Americans with Alzheimer's disease is expected to double from 7 million in 2020 to 14 million by 2060, according to the CDC. However, advances in treatment options are giving more people hope in slowing the decline. Dr. Jon LaPook breaks it down.
World
More World
U.S. says China military drills near Taiwan "increase tensions unnecessarily"
Chinese war games around Taiwan "unnecessarily" spiked tensions in the region, the U.S. State Department said, calling on Beijing to "cease its military pressure."
At least 6 reported killed during Iran protests over struggling economy
The deaths may mark the start of a heavier-handed response by Iran's theocracy over the demonstrations, which have slowed in Tehran but expanded elsewhere.
Pope starts 2026 with prayer for countries "bloodied by conflict"
Pope Leo XIV celebrated a New Year's Day Mass in St. Peter's Basilica and then delivered a special noontime prayer from his studio overlooking the piazza.
Fire kills dozens at crowded Swiss Alps bar on New Year's
Police in Switzerland say a fire at a bar in the Crans-Montana ski resort area is believed to have left about 40 people dead and dozens more injured.
France defends granting George Clooney and his family French citizenship
George Clooney and his wife, Amal Clooney, were granted French citizenship because "they contribute, through their distinguished actions, to France's international influence and cultural outreach," the French government said.
Entertainment
More Entertainment
France defends granting George Clooney and his family French citizenship
George Clooney and his wife, Amal Clooney, were granted French citizenship because "they contribute, through their distinguished actions, to France's international influence and cultural outreach," the French government said.
Notable works entering the public domain in 2026
Here are the significant books, films and characters joining the list of works in the public domain on Jan. 1, 2026.
Noah Wyle on authenticity of "The Pitt"
The hit series "The Pitt" has earned praise for its realistic look at the pressures facing health care workers. Chief medical correspondent Dr. Jon LaPook spoke to the star of the show, Noah Wyle, for "CBS Sunday Morning." Wyle talked about how the cast prepared for their roles beyond learning their lines before shooting the series even began.
Here's who's performing on New Year's Eve to ring in 2026
Here's what to know about the lineup of performances scheduled for New Year's Eve, as crowds gather in Times Square to ring in 2026.
Isiah Whitlock Jr., actor known for his roles in "The Wire" and "Veep," dies at 71
Isiah Whitlock Jr. is perhaps best known for his role as state Sen. R. Clayton "Clay" Davis on HBO's "The Wire."
Technology
More Technology
Technology
Economic oasis emerges in the Arizona desert
Arizona is fast becoming a major hub for computer chip production thanks to what's being called the largest foreign direct investment in U.S. history. Kris Van Cleave takes us to a sprawling campus in Phoenix that is providing thousands of jobs while reducing America's reliance on overseas products.
OpenAI hiring for head safety executive to mitigate AI risks
The company's investment in safety prevention comes amid growing concerns over the potential harm of artificial intelligence.
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.
Instacart ending AI price tests for retailers
Instacart says its ending its controversial system of using AI price tests for retailers. Earlier this month, an investigation by Consumer Reports and progressive think tank Groundwork Collaborative found that Instacart's algorithmic pricing charged various prices for the same item from the same store. Jo Ling Kent reports.
Tech companies push for data centers
Massive tech companies wanting to build more data centers in the U.S. are lobbying for support among Americans, according to a recent report by POLITICO. Gabby Miller joins CBS News with more on her reporting.
Science
More Science
2025 was so hot it pushed Earth past critical climate change mark
2025 was the third hottest year on record and pushed Earth past a critical climate change mark, scientists say.
Major climate research center on Trump administration chopping block
The Trump administration intends to dismantle one of the world's leading climate research institutions, in Boulder, Colorado, over what it said were concerns about "climate alarmism."
Researchers capture video of rare polar bear adoption
The footage of a bear caring for an adopted cub was captured during the annual polar bear migration along the Western Hudson Bay in Churchill, Manitoba.
Dinosaur tracks showing "herds moving in synchrony" found in Italy
Most of the footprints are elongated and made by bipeds. The best-preserved ones bear traces of at least four toes.
Interstellar comet is making its closest approach to Earth
NASA continues to aim its space telescopes at the visiting ice ball, estimated to be up to 3.5 miles in size.
Crime
More Crime
Crime
Fallout grows over freezing of child care funds
After the Trump administration paused federal assistance to child care centers in Minnesota, parents are now wondering if their kids' day care is in jeopardy, as the government investigates fraud claims. Jonah Kaplan has been following this developing story.
Epstein survivors decry delay in releasing files
There may be millions of documents the Justice Department still needs to release from the case against convicted sex offender Jeffrey Epstein. By law, those files were required to be made public nearly two weeks ago. Scott MacFarlane has the latest.
Day care in Minneapolis vandalized after viral video purporting fraud
A Minneapolis day care says that vandals damaged the facility early this week, after a YouTube video purporting to expose fraud among day cares in the Twin Cities metro area went viral.
New details on charges against Stefon Diggs
Patriots star Stefon Diggs is facing charges of strangulation, assault and battery following an incident in Massachusetts earlier this month. Diggs' attorney, David Meier, said in a statement that the wide receiver "categorically denies" the allegations and "looks forward to establishing the truth" in court. CBS News Boston's Aaron Parseghian has more.
New Orleans marks 1 year since terror attack
New Orleans is marking one year since 14 people were killed and dozens more were injured in a terror attack on the city's iconic Bourbon Street. Kati Weis spoke to the family of one of the victims about how they're remembering their loved one.
Space
More Space
Space
NASA's search for next lunar rover
NASA astronauts took their first drive on the moon 54 years ago. Now, three companies are competing for a NASA contract to build a new lunar rover for use starting with the Artemis 5 mission in 2030. Kris Van Cleave reports.
Artemis 2 astronauts rehearse countdown for upcoming moon launch
NASA is gearing up to send four Artemis astronauts on looping test flight around the moon in 2026.
Woman is first wheelchair user launched into space
A German aerospace engineer made history Saturday, becoming the first wheelchair user to go into space when she took a 10-minute trip aboard a Blue Origin rocket.
Blue Origin safely launches wheelchair user to space and back
German engineer Michaela Benthaus is the first person with a significant physical handicap to reach space.
Jared Isaacman, billionaire who's flown with SpaceX, confirmed to lead NASA
President Trump withdrew Isaacman's nomination for NASA administrator in April, before nominating him again in November.
Latest Galleries
More Latest Galleries
Notable Deaths in 2025
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
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?
The life & near death of prizefighter Christy Salters-Martin
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
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
More Latest CBS News Videos
Latest CBS News Videos
Millions facing health care cost increases
Enhanced tax credits that have helped reduce the cost of health insurance for the vast majority of Affordable Care Act enrollees expired overnight as 2026 arrived, cementing higher health costs for millions of Americans at the start of the new year. Nicole Sganga reports.
Protests erupt in Iran over economic crisis
In Iran, some are protesting the rising cost of living and clashing with security forces in a number of cities. Elizabeth Palmer has the latest.
Mamdani starts historic term as NYC mayor
Zohran Mamdani was publicly sworn in as the 112th mayor of New York City on New Year's Day. Meg Oliver reports.
Survivors recount Swiss Alps ski resort fire
A night of celebration in the Swiss Alps ended in tragedy after a fire tore through a ski resort bar, killing at least 40 people and injuring dozens more. Ramy Inocencio reports.
Extreme weather grips U.S. as the new year begins
Heavy snow and a rare thundersnow hit the Northeast as flooding rain soaks parts of California and a deep freeze reaches the South. Carter Evans and John Elliot have more.