Who pays for bank failures like SVB and Signature?
The Federal Deposit Insurance Corp will shoulder the immediate cost, but bank customers could see higher fees later.
Banking Crisis & Response
Group of big banks pumps $30 billion in battered First Republic
The San Francisco regional bank's stock had plunged by a third on Thursday on concerns about its financial stability.
What to know about bank deposits and the FDIC Deposit Insurance Fund
The two banks suddenly collapsed last week, but the federal government quickly said that depositors would not lose their money.
Yellen tells Senate panel nation's "banking system is sound"
"Americans can feel confident that their deposits will be there when they need them," the treasury secretary is expected to tell Congress Thursday.
How Twitter helped push Silicon Valley Bank over the edge
Social media and online banking have made lenders more vulnerable to digital bank runs, experts say.
Large banks see influx of new depositors
Following the collapse of Silicon Valley Bank and regional banking fears, larger U.S. banks have seen an increase in new depositors looking to secure their money. Stephen Gandel, U.S. banking correspondent at The Financial Times, joins CBS News to discuss the fallout and how major U.S. banks are responding.
Credit Suisse to borrow nearly $54 billion in bid to calm fears
Shares of the financial giant had sunk to an all-time low, fueling further concerns about the stability of other big banks.
Stocks slump as Credit Suisse selloff reignites bank worries
"Credit Suisse is not just a Swiss problem but a global one," one Wall Street analyst said after the bank's shares tumbled.
Credit Suisse shares plunge, fueling fresh banking fears
Swiss central bank promised to back Credit Suisse, which sparked investor panic with record losses and financial reporting errors.
How Washington came to rescue U.S. banks
After a frenetic weekend, policymakers took the audacious step of guaranteeing all deposits of the failed Silicon Valley Bank.
Is my money safe? What you need to know about bank failures.
Some bank customers are fretting over whether their cash is secure after the failure of Silicon Valley Bank. .
Silicon Valley Bank's failure sows panic. Here's what to know.
Abrupt closure of two banks sent shockwaves across the sector and raises concerns about the stability of regional lenders.
How to protect your money when banks fail
Worried about the FDIC's $250,000 insurance cap? Read on to learn about different ways to safeguard your cash.
Stocks climb higher on Wall Street, led by beaten down banks
Fed "stuck between a rock and a hard place" as it must now decide if the banking system can handle more interest-rate hikes.
In wake of SVB's collapse, questions arise over regional banks
Customers and investors are scrutinizing fiscal health of smaller banks that may share some similar risks to SVB.
Bank stocks rise as Wall Street panic subsides
Regional bank shares are recovering after heavy losses on Monday stemming from the collapse of Silicon Valley Bank.
Justice Department investigating Silicon Valley Bank collapse, officials say
Federal law enforcement officials on Tuesday confirmed an investigation into the bank's collapse, and the probe is said to be in its early stages.
"Classic bank run" led to historic bank failures, says ex-Trump adviser
"We had a situation where people got scared about a bank's ability to return depositors' money and depositors wanted their money out," he said.
Bank stocks dive as Wall Street trembles amid SVB failure
Trading halted at more than a dozen regional banks after prices continued to free fall.
Biden seeks to reassure Americans on strength of U.S. banking system
Biden administration officials announced a series of emergency moves to reassure the public of the soundness of the financial system.
Andie Swim founder stunned by Silicon Valley Bank collapse: "Did we lose everything?"
Andie Swim was among the bank's customers and the owner tells CBS News that she was "panicked and flustered," upon hearing the news of the bank's closing.
Who were Silicon Valley Bank customers?
From fintech firms to swimwear startups and winemakers, these companies are affected by SVB's collapse.
First Republic Bank shares plummet as banking fears spread
The stocks of other regional banks, including Zions, Pacific West and Western Alliance, also took a beating.
Deposits at Silicon Valley Bank to be fully guaranteed, U.S. government says
All deposit accounts at Silicon Valley Bank and Signature Bank in New York will be guaranteed, the Federal Reserve, Treasury Dept. and FDIC said in a joint statement.
Regulators close New York's Signature Bank
All depositors will be made whole, the Federal Reserve, Treasury Department and FDIC said Sunday in a joint statement.
U.S.
First on CBS
Justice Department expands military's power to detain migrants near border
The Justice Department issued a legal opinion giving the U.S. military broader powers to detain migrants near certain areas along the southern border.
Book excerpt: Modesty on the line in "The Summer of Death"
Geoff Williams' account of the deadly heat wave of 1936 includes one Kentucky city's efforts to arrest young women whose warm-weather attire was considered too revealing.
Luigi Mangione pleads guilty in federal case, admits shooting Brian Thompson
Luigi Mangione entered a guilty plea in his federal case at a court appearance in Manhattan Friday morning.
Feds charge woman for allegedly vandalizing World War II Memorial in D.C.
The top federal prosecutor in Washington, D.C., said a woman has been arrested and faces two felony charges related to vandalism of the World War II Memorial.
Indiana river breaks 1913 flooding record as governor declares state of emergency
The White River in Indiana rose to record-breaking levels as more than 11 inches of rain has fallen east of Indianapolis since Tuesday.
See how much renters pay for a 2-bedroom home in 50 U.S. cities
Nearly half of renters spend more than 30% of their income on housing. Here's what it costs to rent a two-bedroom home in 50 U.S. cities.
Violent crime plummeted in U.S. last year, White House official says
The White House is touting a historic drop in violent crime as the FBI prepares to release the latest data from its annual Uniform Crime Reporting Program.
Trump asks Supreme Court to intervene in White House ballroom legal fight
The Trump administration asked the Supreme Court to intervene in the legal battle over President Trump's White House ballroom.
USS Washington aircraft carrier heads to Middle East to replace USS Lincoln
The USS George Washington aircraft carrier departed Vietnam last week and is headed to the Middle East to replace the USS Abraham Lincoln, according to a U.S. official.
Teen caught on video kicking sea lion pleads guilty, faces prison time
Tyler Muehl, 18, pleaded guilty in federal court after a viral video captured him attacking the sea lion at La Jolla Cove.
American missionary kidnapped in Niger in October is freed
An American missionary who was kidnapped in Niger in October has been released, his organization says, adding that Kevin Rideout "is in good health in the care of U.S. officials."
Evidence of bird strike on plane where man was nearly sucked out window, NTSB says
A bird strike may have been the cause of an incident in which a passenger was nearly sucked out of a broken window aboard a Ryanair flight in Europe last month, the NTSB found.
3 executions carried out in a single day, first time since 2010
Tennessee and Oklahoma executed inmates within 30 minutes of each other on Thursday, followed by Alabama later in the day.
Flock CEO responds to abuses of its surveillance technology
The CEO of Flock Safety apologized for alleged abuses of its service by law enforcement officers as the company rolled out new changes to how it operates.
AI is driving up consumer prices. That won't stop anytime soon.
Surging AI investment is pushing up the cost of smartphones and other gadgets, according to analysts. Here's why.
Jury selected for Tupac Shakur murder trial, opening statements expected Monday
A jury of six men and 10 women was selected to hear the case against an ex-gang leader accused of orchestrating Tupac Shakur's killing nearly 30 years ago.
Hawaii under a hurricane warning as Tropical Storm Lala takes aim
Tropical Storm Lala could bring heavy rain, high winds and dangerous surf and rip currents to the Hawaiian Islands as a hurricane this weekend, forecasters say.
This week on "Sunday Morning" (Aug. 16)
A look at the features for this week's broadcast of the Emmy-winning program, hosted by Jane Pauley.
Kennedy Center board votes to restore Trump's name on building
The Kennedy Center's board of trustees voted to add President Trump's name to the facade of the performing arts center, more than two months after a judge ordered its removal, according to a Democrat who sits on the center's board.
Record-breaking heat takes mounting toll on the U.S. economy
Heat waves are dealing a financial blow to businesses and creating hazardous conditions for workers, according to climate experts.
Baby in surrogate dispute now in custody of parents, lawyer says
The baby at the center of a surrogacy dispute was born in Texas Wednesday and has hypoplastic left heart syndrome, a rare heart defect.
Luigi Mangione hearing set to start amid discussions about possible guilty plea
Luigi Mangione, accused in the 2024 killing of UnitedHealthcare CEO Brian Thompson, is in discussions about a possible plea deal on federal charges, sources familiar with the matter told CBS News.
Can taking weight-loss drugs help you get hired? Yes, if you're a woman.
Going on GLP-1 drugs significantly boosted unemployed women's chances of finding a job, according to a Harvard economist.
DOJ leaves in place ruling that deregulates silencers, shotguns
A Texas judge earlier this month issued a ruling that deregulated silencers, shotguns and certain rifles.
Floodwaters submerge Midwest neighborhoods bracing for more severe storms
Muddy floodwaters seeped into the homes of Indiana and Ohio residents this week, as severe storms struck the Midwest. Now, some areas are bracing for even more rain.
U.S.
More U.S.
First on CBS
Justice Department expands military's power to detain migrants near border
The Justice Department issued a legal opinion giving the U.S. military broader powers to detain migrants near certain areas along the southern border.
Book excerpt: Modesty on the line in "The Summer of Death"
Geoff Williams' account of the deadly heat wave of 1936 includes one Kentucky city's efforts to arrest young women whose warm-weather attire was considered too revealing.
Luigi Mangione pleads guilty in federal case, admits shooting Brian Thompson
Luigi Mangione entered a guilty plea in his federal case at a court appearance in Manhattan Friday morning.
Feds charge woman for allegedly vandalizing World War II Memorial in D.C.
The top federal prosecutor in Washington, D.C., said a woman has been arrested and faces two felony charges related to vandalism of the World War II Memorial.
Indiana river breaks 1913 flooding record as governor declares state of emergency
The White River in Indiana rose to record-breaking levels as more than 11 inches of rain has fallen east of Indianapolis since Tuesday.
MoneyWatch
More MoneyWatch
See how much renters pay for a 2-bedroom home in 50 U.S. cities
Nearly half of renters spend more than 30% of their income on housing. Here's what it costs to rent a two-bedroom home in 50 U.S. cities.
AI is driving up consumer prices. That won't stop anytime soon.
Surging AI investment is pushing up the cost of smartphones and other gadgets, according to analysts. Here's why.
Record-breaking heat takes mounting toll on the U.S. economy
Heat waves are dealing a financial blow to businesses and creating hazardous conditions for workers, according to climate experts.
Can taking weight-loss drugs help you get hired? Yes, if you're a woman.
Going on GLP-1 drugs significantly boosted unemployed women's chances of finding a job, according to a Harvard economist.
Reese's Halloween pumpkins hit shelves unchanged after lawsuit victory
Hershey said the Halloween-shaped candy, which had sparked a lawsuit over the product's lack of detail, will return in its familiar oval shape.
Politics
More Politics
First on CBS
Inside "the Pool": Fugitive arrested in alleged cross-border car trade scheme
Along the Texas-Mexico border, prosecutors say a group of businessmen found a way to monopolize the trade of used cars — a scheme called "the Pool." This week, authorities say they caught one alleged member.
First on CBS
Justice Department expands military's power to detain migrants near border
The Justice Department issued a legal opinion giving the U.S. military broader powers to detain migrants near certain areas along the southern border.
Feds charge woman for allegedly vandalizing World War II Memorial in D.C.
The top federal prosecutor in Washington, D.C., said a woman has been arrested and faces two felony charges related to vandalism of the World War II Memorial.
Trump asks Supreme Court to intervene in White House ballroom legal fight
The Trump administration asked the Supreme Court to intervene in the legal battle over President Trump's White House ballroom.
USS Washington aircraft carrier heads to Middle East to replace USS Lincoln
The USS George Washington aircraft carrier departed Vietnam last week and is headed to the Middle East to replace the USS Abraham Lincoln, according to a U.S. official.
HealthWatch
More HealthWatch
My husband was kicked out of hospice. Here's what I learned.
Some seriously ill patients improve on hospice. About 1 in 16 patients enrolled in hospice care lose eligibility as a result. Here's how to get appropriate care.
Texas steps into surrogate fight with parents
California parents wanted to end a surrogate pregnancy when doctors diagnosed the baby with a severe heart defect at 20 weeks. The surrogate refused and went to Texas, where the state has now stepped in. The baby was born on Wednesday. Jason Allen reports.
Whole Foods recalls some jalapeño products over salmonella risk
Certain salsas, guacamole, pico de gallo and prepared jalapeño products at Whole Foods are among the products recalled over possible salmonella risk.
Maps and charts show record number of measles cases in U.S. this year
CBS News has been tracking a record number of measles cases and outbreaks around the country. The majority of cases are among those who haven't been vaccinated.
Norah O'Donnell: I take testosterone. Here's why.
Norah O'Donnell sat down with her own doctor, Rachel Rubin, to tackle the important topic of menopause: How your body changes, why women may be needlessly suffering, and what you can actually do about it.
World
More World
Warship that sank in 1908 found off U.K.: "Undisturbed for 118 years"
The Royal Navy and shipwreck hunters have been searching in vain for the remains of HMS Tiger for over a century.
French teen social media ban struck down by top constitutional authority
France's social media ban, which was due to take effect on Sept. 1, would have barred younger users from networks such as TikTok, Snapchat and Instagram.
Count Binface wins hearts, if not the election, in bid to defeat Trump ally
Count Binface, a satirical candidate who's become a mainstay in recent U.K. elections, achieved his greatest success yet.
Paintings worth $10 million that were stolen in 3-minute heist are recovered
The recovered works are valued at more than $10 million.
Dad of USS Lincoln sailor worries about crew as deployment stretches on
The USS Abraham Lincoln has been at sea for nine months, and sailors have maintained a grueling pace amid the war in Iran.
Entertainment
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Entertainment
"Paw Patrol" cast previews movie
Natalie Morales speaks to some of the stars behind the new film, "Paw Patrol: The Dino Movie." They explain what they love about the franchise and what they hope the audience takes away from the movie.
Becky G gives behind-the-scenes look
"CBS Mornings" co-host Gayle King went inside a rehearsal with singer Becky G as she gives fans a sneak peek at a new single before her upcoming album's release.
Recipe: Amish Peanut Butter Pie
Lovina Hershberger Zook, who left the Amish faith, today shares recipes of the Amish with her more than six million followers on social media.
"CBS Sunday Morning" launches new series of live events at the 92nd Street Y in NYC, debuting with Sylvester Stallone
America's #1 Sunday morning news program announces a new collaboration beginning Sept. 28 to bring conversations with the biggest newsmakers in the arts, politics and culture to the stage, and streamed online.
Exclusive
Becky G reflects on advocacy in new music, rise to fame
Becky G spoke exclusively with "CBS Mornings" co-host Gayle King about her rise to fame, being the breadwinner of the family at a young age and her new music.
Technology
More Technology
French teen social media ban struck down by top constitutional authority
France's social media ban, which was due to take effect on Sept. 1, would have barred younger users from networks such as TikTok, Snapchat and Instagram.
Using AI in your romantic relationships
AI is making its way into people's love lives - some say it has helped to improve their conversations while others have used it to end a relationship. Dr. Sue Varma discusses how to use AI properly, set boundaries and identify warning signs of becoming too emotionally dependent.
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.
Flock CEO on misuse concerns
Flock CEO Garrett Langley sat down with CBS News' Anna Schecter and discussed allegations of the technology's misuse by law enforcement.
Schools curb technology use in classroom
As students across the country head back to the classroom, some schools, educators and parents are rethinking how much they utilize technology and screen time. Nicole Valdes has more.
Science
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Science
Views of the total solar eclipse in Europe
A total solar eclipse was visible in parts of Europe for the first time since 1912. Rob Marciano reports.
Europe sees total solar eclipse
A total solar eclipse turned day into night across a slice of Europe and North America on Wednesday, and put millions in unique contact with the heavens above. Meteorologist Rob Marciano reports from Spain.
Astronomy professor on how eclipses work
Janna Levin, professor of physics and astronomy at Barnard College, joins CBS News to discuss Wednesday's total solar eclipse.
How a total solar eclipse stopped a war
Columbia University astronomy professor Dr. Janna Levin joins CBS News to discuss Wednesday's total solar eclipse, saying it's a reminder that humans share this Earth together and "we're all part of something larger."
New space object called "black hole star" discovered by astronomers
The newly discovered object looks like a star the size of our solar system, but produces 100 billion times more energy than any star.
Crime
More Crime
Crime
Brian Thompson's family on Mangione plea news
The family of slain UnitedHealthcare CEO Brian Thompson is reacting to news that his alleged killer, Luigi Mangione, plans to plead guilty in the federal case against him. CBS News legal contributor Jessica Levinson has more.
Treating Lindsay Clancy
The focus in the Lindsay Clancy trial shifts to her mental health treatment as jurors hear testimony from her psychiatric providers, friends, and family. "48 Hours" correspondent Erin Moriarty and CBS News correspondent Shanelle Kaul break down the emotional moments in court, the competing narratives emerging at the center of the case, and the lasting questions surrounding maternal mental health.
Officials react to Luigi Mangione plea plan
United States Attorney Jamie McDonald and New York City Police Commissioner Jessica Tisch spoke to reporters after a court hearing where Luigi Mangione revealed he plans to plead guilty in the federal case against him for the death of UnitedHealthcare CEO Brian Thompson. Katrina Kaufman and Tom Hanson have more.
Luigi Mangione's lawyer reacts after hearing
Karen Friedman Agnifilo, Luigi Mangione's attorney, spoke to reporters outside a New York City federal court, where he told a judge that he plans to plead guilty in his federal case. CBS News' Tom Hanson and Katrina Kaufman report.
Luigi Mangione says he will plead guilty
Luigi Mangione, who faces federal and state trials in New York for the deadly 2024 shooting of UnitedHealthcare CEO Brian Thompson, told a judge Friday he plans to plead guilty in his federal case. Tony Dokoupil anchored this CBS News special report.
Space
More Space
New space object called "black hole star" discovered by astronomers
The newly discovered object looks like a star the size of our solar system, but produces 100 billion times more energy than any star.
Stunning photos show total solar eclipse over Europe
The only total solar eclipse of 2026 crossed the Northern Hemisphere Wednesday, with a path of totality across parts of Greenland, Iceland and northern Spain. See photos and video from the best viewing locations.
Perseid meteor shower reaches peak viewing on Wednesday night
The Perseid meteor shower is the best viewing all year, according to NASA.
Most detailed images taken of sun's surface revealed
Researchers were able to peek at the sun's scorching surface with the help of the National Science Foundation's Daniel K. Inouye Solar Telescope, located on the island of Maui in Hawaii.
SpaceX rocket booster slams into moon, creating crater that could be 16 feet deep
The impact wasn't visible to the naked eye, but photos are expected to come from a lunar satellite at a later time.
Latest Galleries
More Latest Galleries
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.
Investigating the death of designer Sylvie Cachay
Sylvie Cachay was found dead in an overflowing bathtub at the exclusive Soho House in New York City on Dec. 9, 2010. A water leak at the hotel gave away a timeline that may have revealed her killer.
Photos show celebrations at Obama Presidential Center
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
Timeline: The disappearance of George Smith
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Latest CBS News Videos
More Latest CBS News Videos
Latest CBS News Videos
Nigel Farage keeps his seat
Nigel Farage regained his U.K. Parliament seat, beating comedian candidate Count Binface in a farcical special election. BBC News' Joe Pike reports.
Brian Thompson's family on Mangione plea news
The family of slain UnitedHealthcare CEO Brian Thompson is reacting to news that his alleged killer, Luigi Mangione, plans to plead guilty in the federal case against him. CBS News legal contributor Jessica Levinson has more.
Treating Lindsay Clancy
The focus in the Lindsay Clancy trial shifts to her mental health treatment as jurors hear testimony from her psychiatric providers, friends, and family. "48 Hours" correspondent Erin Moriarty and CBS News correspondent Shanelle Kaul break down the emotional moments in court, the competing narratives emerging at the center of the case, and the lasting questions surrounding maternal mental health.
Tropical Storm Lala looms over Hawaii
Tropical Storm Lala could bring strong winds and heavy rain to Hawaii over the next few days. Michael Brennan, a NOAA Hurricane Center director, has more on what to expect.
Officials react to Luigi Mangione plea plan
United States Attorney Jamie McDonald and New York City Police Commissioner Jessica Tisch spoke to reporters after a court hearing where Luigi Mangione revealed he plans to plead guilty in the federal case against him for the death of UnitedHealthcare CEO Brian Thompson. Katrina Kaufman and Tom Hanson have more.