Fitch downgrades Cyprus rating deeper into junk
Agency says delay in government's talks with potential creditors has contributed to country's weakening economy
Europe in Crisis
Greek PM presses for deal on loan
European finance ministers fail to agree to release vital rescue loans; Prime minister warns stakes are higher than just his debt-ridden country's future
Concerns about euro push world stocks lower
Moody's stripped France of its prized AAA rating Monday, citing its limited prospects for growth and exposure to the eurozone debt crisis
Moody's downgrades France on weak growth
Rating's outlook remains negative, meaning France could face a future downgrade
Greece fine tunes its austerity as it awaits bailout
Athens is waiting for a $40 billion loan - part of international rescue packages worth $307 billion
Spain tries to lure foreign real estate buyers
Country is to offer foreigners residency permits if they buy houses worth more than $200,000
Return of Europe recession is bad news for U.S.
Germany feels the impact as economic slowdown is no longer limited to nations crippled by debt crisis
Eurozone back in recession
The region is the U.S.'s largest export customer, and any fall-off in demand will hit order books
Greece narrowly avoids bankruptcy
Country raises cash to make key debt repayment; Without the cash, Greece would have gone bankrupt Friday
Austerity protests stall several European nations
Hundreds of thousands of Europe's beleaguered citizens went on strike or snarled the streets of several capitals Wednesday
Greece raises over $5 billion ahead of repayment
Greek government's auction of short-term treasury bills helps avert possible bankruptcy
Greece bailout delay chills investors
Overseas stocks fell amid uncertainty in Europe over how to restructure the Greek government's debt
Violent racist attacks on the rise in Greece
Rights workers say attacks getting more violent as extreme right wing blames immigrants for financial woes
Greece to receive more time, no imminent bailout
Creditors decided to give Greece until 2016 to reform its economy, but failed to agree on how to pay for the extension
Creditors propose granting two more years to Greece
Draft proposal lacks crucial specifics on how much additional assistance Greece would need and how shortfall should be addressed
Spanish banks halt evictions amid growing protests
Hundreds of thousands of Spaniards have lost their homes during the crushing economic crisis and two recently committed suicide
Euro finance ministers to discuss Greece's future
International lenders have prepared a "positive" report on the country's reform efforts, a crucial step in its efforts to secure a new bailout loan
Greece passes austerity bill
Immediately after the vote, coalition parties expelled a total of seven dissenting deputies from their ranks
ECB president warns on economic growth
Mario Draghi says current evidence "does not signal improvements toward the end of the year" and that growth was suffering from "heightened risk aversion"
Greece a step nearer to getting bailout cash
Greek parliament passes austerity package; Cutbacks include deep pension cuts, tax hikes and a two-year increase in the retirement age to 67
Anti-austerity Greek protests get violent
Fire bombs, tear gas as more than 80,000 gather outside Parliament during nationwide strike; Austerity vote narrowly passes
EU: Eurozone recession to be worse, rebound slower
European Commission revised forecast for region's gross domestic product, which is now expected to grow by just 0.4 percent in 2013
Greece readies for crucial austerity vote
Lawmakers vote Wednesday on new painful austerity measures demanded to keep the country afloat, on the second day of a nationwide general strike
Strike hits Greece in bid to derail austerity plan
Deeply unpopular measures include new deep pension cuts and tax hikes and a two-year increase in the retirement age to 67
Spain PM: Economic growth in 2014, no bailout yet
Mariano Rajoy said Tuesday that Spain's economy will continue to contract next year but that it should turn the corner in 2014
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U.S.
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Ohio State reaches $100 million settlement over school doctor accused of sex abuse
The school has fought lawsuits in federal court since 2018 brought by former student athletes against the university over its failure to stop abuse by Dr. Richard Strauss.
Flesh-eating New World screwworm found in Texas calf, USDA says
The USDA said the only animal affected was a 3-week-old calf in Zavala County, Texas, after larvae were identified in its umbilical area.
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.
Victim of "horrifying" Chelsea murder identified after 26 years
"Chelsea Jane Doe" has been identified as Tiffany Bradley of Pennsylvania.
American Airlines suspends 6 routes because of high jet fuel costs
American Airlines said it is temporarily cutting six routes amid rising jet fuel costs, including several flights to Los Angeles.
MoneyWatch
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American Airlines suspends 6 routes because of high jet fuel costs
American Airlines said it is temporarily cutting six routes amid rising jet fuel costs, including several flights to Los Angeles.
Ford recalls nearly 420,000 vehicles over faulty seat belts
Safety watchdog said seat belts in certain Ford Expedition and Lincoln vehicles may inadvertently lock, preventing them from functioning properly.
These are the best airlines in 2026, according to The Points Guy
The Points Guy's annual ranking gives extra weight to affordability this year as higher fuel costs and airline fees squeeze travelers.
Outback Steakhouse sued for $1.5M over alleged mashed potato slip-and-fall
A Virginia woman alleges she suffered serious injuries after slipping on what appeared to be mashed potatoes at an Outback Steakhouse.
Social Security checks could be cut by $500 a month in 2032, report finds
Beneficiaries would continue receiving payments if Social Security's trust fund is depleted, but checks could shrink by about 24%, according to a new report.
Politics
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Trump expected to nominate Todd Blanche as permanent attorney general
President Trump is expected to nominate Acting Attorney General Todd Blanche to serve in the role permanently, several sources familiar with the matter told CBS News.
SPLC asks judge to weigh sanctions against DOJ for sending out unsigned indictment copy
The Southern Poverty Law Center asked a judge to consider sanctioning federal prosecutors, after the DOJ shared an unsigned and unstamped copy of a superseding indictment with members of the media.
Israel and Lebanon agree to renew ceasefire if Hezbollah cuts off attacks
The Israeli and Lebanese governments have agreed to implement a ceasefire, after weeks of deadly fighting between Israel and Hezbollah had imperiled broader negotiations between the U.S. and Iran to end their conflict.
House votes to rein in Trump on Iran as war loses GOP support
In May, the Senate advanced a similar measure to force the president to end the prolonged conflict with Iran.
Connie Chan and Scott Wiener advance in race to succeed Pelosi, CBS News projects
Voters in San Francisco on Tuesday advanced San Francisco Supervisor Connie Chan and state Sen. Scott Wiener in the race to succeed former House Speaker Nancy Pelosi in California's 11th Congressional District, CBS News projects.
HealthWatch
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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.
Possible flesh-eating screwworm case in Texas, USDA says
A possible case of the flesh-eating New World screwworm is being investigated in Texas, the USDA reported Wednesday.
WHO massively scales back number of suspected Ebola cases in Congo
While 330 Ebola infections are confirmed in central Africa and huge challenges remain, hundreds more suspected cases "have been cleared out," the WHO says.
Details on promising pancreatic cancer drug
A new drug was shown in trials to keep pancreatic cancer patients alive for twice as long as chemotherapy alone. Dr. Jon LaPook has more.
A nurse stole fentanyl and AI missed it, state records say
Sentri7, drug diversion software powered by artificial intelligence and used at hundreds of U.S. hospitals, did not catch a monthslong string of fentanyl thefts in Tennessee in 2025, according to a state document.
World
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Israel and Lebanon agree to renew ceasefire if Hezbollah cuts off attacks
The Israeli and Lebanese governments have agreed to implement a ceasefire, after weeks of deadly fighting between Israel and Hezbollah had imperiled broader negotiations between the U.S. and Iran to end their conflict.
North Korea announces opening of a new nuclear facility
State media photos showed what appeared to be a large centrifuge hall, indicating the plant is likely used to enrich weapons-grade uranium.
House votes to rein in Trump on Iran as war loses GOP support
In May, the Senate advanced a similar measure to force the president to end the prolonged conflict with Iran.
8 bagged bodies found with note in narco-trafficking hotspot
The discovery comes in the midst of a U.S.-backed military crackdown on the organized crime gangs in Ecuador.
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.
Entertainment
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Entertainment
Jon Hamm talks "Your Friends & Neighbors"
Jon Hamm previews "Your Friends & Neighbors" season 2 finale, saying "it is satisfying" and provides some answers for fans. He also talks about the relatability of the show's characters and reflects on "Mad Men."
André De Shields on Tony nomination
André De Shields speaks to "CBS Mornings" about starring in "Cats: The Jellicle Ball," which is a reimagining of Andrew Lloyd Webber's classical musical told through the lens of ballroom culture. De Shields talks about bringing ballroom to Broadway and his latest Tony nomination.
Tribeca at 25: NYC festival celebrates music, Broadway and New York stories
The 25th edition of the film and media festival opens on Wednesday, showcasing more than 100 world premiere documentaries and narrative features, as well as short films, live music, podcasts and conversations with leading entertainment figures.
Analyzing the YouTuber-to-filmmaker boom
The sci-fi horror flick "Backrooms" was the number one movie in the U.S. as of Tuesday. The filmmaker behind the movie, 20-year-old YouTuber Kane Parsons, is now the youngest director with a number one film globally. Brooks Barnes, The New York Times' chief Hollywood correspondent, joins "The Daily Report" to discuss.
Peabo Bryson, singer known for Disney movie hits, dies at 75
Peabo Bryson, a two-time Grammy-winning singer and songwriter known for Disney movie hits "Beauty and the Beast" and "A Whole New World," has died at age 75.
Technology
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Technology
ChatGPT user describes AI-fueled delusions
CBS News spoke with five people who say they were led to believe they had developed an emotional connection to an AI chatbot. They are now involved in a digital support group for people who say they experienced AI-fueled delusions or spirals. ChatGPT user Micky Small joins "The Daily Report" to share her experience.
OpenAI CEO meets with lawmakers on Capitol Hill
OpenAI CEO Sam Altman met with Republican and Democratic lawmakers on Wednesday to oppose proposals that would require developers to obtain government approval before releasing new artificial intelligence models. Jordan Rae Kelly, former director for cyber incident response on the National Security Council, joins with analysis.
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.
Microsoft VP explains its AI assistant Scout
Microsoft announced a slew of new AI products during its annual Microsoft Build developers conference in San Francisco. Scott Hanselman, a Microsoft vice president, speaks with CBS News about the product.
Meta unveils new AI business agent
Businesses can now expand their AI customer service with Meta's help. Senior technology reporter Abrar Al-Heeti joins CBS News to talk about that and some of the other big tech stories of the day.
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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1 dead, 3 hurt in high school graduation shooting in Northern California, officials say
One person died and three others, including a child, were injured in a shooting Wednesday night at a high school graduation in Northern California, officials said.
Ohio State reaches $100 million settlement over school doctor accused of sex abuse
The school has fought lawsuits in federal court since 2018 brought by former student athletes against the university over its failure to stop abuse by Dr. Richard Strauss.
Coast Guard searching in Lynette Hooker case
A team of specialized Coast Guard divers and investigators have been searching the Sea of Abaco in the Bahamas for missing Michigan mother Lynette Hooker. Cristian Benavides reports.
FBI kills hostage-taker in California
A 15-hour standoff at a bank building in Bakersfield, California, ended Wednesday after all hostages were freed and the suspect was killed by the FBI. Jonathan Vigliotti reports.
Details on suspect in bank hostage standoff
All hostages are safe and a suspect is dead after an hourslong standoff at a bank in California, police said on Wednesday. CBS News correspondent Carter Evans has the details.
Space
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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.
Blue Origin assesses impact of New Glenn explosion
Blue Origin assess the impact of Thursday's New Glenn explosion, prompting concern about NASA moon program delays.
Blue micromoon makes rare appearance this weekend
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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.
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
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Latest CBS News Videos
ChatGPT user describes AI-fueled delusions
CBS News spoke with five people who say they were led to believe they had developed an emotional connection to an AI chatbot. They are now involved in a digital support group for people who say they experienced AI-fueled delusions or spirals. ChatGPT user Micky Small joins "The Daily Report" to share her experience.
U.S.-Iran tensions on rise
Over the past 24 hours, the U.S. and Iran have executed some of the most intense fighting since the ceasefire went into effect, and unlike other cases where military targets were hit, a civilian area came under fire. CBS News national security analyst Aaron MacLean has more.
State of primary ballot count in California
Election results from California's primary races were still coming in on Wednesday. CBS News' Anthony Salvanto has the latest on the races.
Video store sees new demand for VHS tapes, DVDs
A Brooklyn video store is going old school and it's drawing a new generation of movie fans. Evyn Moon shows how DVD and VHS are making a comeback as people trade algorithms for aisle browsing.
6/3: The Takeout with Major Garrett
House passes measure that would rein in Trump on Iran; Trump says Iran talks are ongoing despite recent attack.