Will Fed raise interest rates again this week? Here's what to expect.
Central bank officials will announce on Wednesday if they are hiking the federal funds rate for a 10th consecutive time.
Banking Crisis & Response
Bank stocks tumble as First Republic deal fails to stem investor fears
Shares of Los Angeles lender PacWest Bancorp fell 28% as spooked investors bail from regional banks.
What happens to First Republic Bank's stock and deposits now?
JPMorgan Chase is buying the troubled lender after it became the second biggest bank failure in U.S. history.
First Republic Bank seized by regulators, then sold to JPMorgan Chase
The regional lender, whose collapse is the second-biggest bank failure in U.S. history, is the third bank to be seized by regulators since March.
First Republic teeters on collapse as FDIC circles troubled bank
The ailing regional lender is at risk of becoming the third U.S. bank to collapse since March.
Bill would require clawback of compensation from executives of failed banks
The legislation from a bipartisan group of senators would require regulators to claw back all or part of the compensation bank executives got in the five years leading up to a bank's failure.
Fed calls SVB's failure a "textbook case of bank mismanagement"
FDIC Chairman Martin Gruenberg estimated about $20 billion would be needed to cover the collapse of Silicon Valley Bank.
Transcript: Neel Kashkari on "Face the Nation," March 26, 2023
The following is a transcript of an interview with Neel Kashkari, president of the Federal Reserve Bank of Minneapolis, that aired on "Face the Nation" on Sunday, March 26, 2023.
Americans voice confidence in their banks, but inflation woes continue
They say government helps wealthy more than middle class amid bank issues.
White House economy official on bank failures
Bharat Ramamurti, deputy director for the National Economic Council, joins Lana Zak and Errol Barnett ahead of the Federal Reserve's decision on interest rates. He discusses the Biden administration's response to recent bank failures and stubbornly high inflation.
Specter of "too big to fail" still haunts the banking industry
Forced sale of a storied investment bank and lax U.S. financial rules are renewing concerns about the banking sector.
Investors are panicked over banks. Will the Fed make things worse?
Inflation's still high, but analysts warn that further rate hikes from the Fed could lead more more banks to topple.
Fed expected to raise interest rates again
The Federal Reserve is expected to announce another round of interest rate hikes on Wednesday. Colby Smith, U.S. economics editor for the Financial Times, joins CBS News to discuss how the Fed's potential decision is tied to the banking crisis.
Yellen: We have plan in place in case more banks fail
The treasury secretary says the plan would be set in motion if additional collapses trigger a run on banks.
First Republic Bank woes mount despite Wall Street rescue
Regional lender's stock prices plunges 47% even after a group of the nation's biggest banks injected $30 billion in deposits.
SVB and First Republic's problems aren't going away. Here's why.
About 190 banks could fail if even half of their uninsured depositors withdraw their money, a new study finds.
UBS to purchase Credit Suisse amid fallout from U.S. bank collapses
Officials announced the takeover on Sunday, after shares of Credit Suisse plummeted last week despite a $54 billion loan from the Swiss National Bank.
Transcript: "Pivot" co-hosts Kara Swisher and Scott Galloway on "Face the Nation," March 19, 2023
The following is a transcript of an interview with Kara Swisher and Scott Galloway, co-hosts of "Pivot" podcast, that aired on "Face the Nation" on Sunday, March 19, 2023.
Transcript: H.R. McMaster on "Face the Nation," March 19, 2023
The following is a transcript of an interview with H.R. McMaster,former national security adviser in the Trump White House and a CBS News contributor, that aired on "Face the Nation" on Sunday, March 19, 2023.
Transcript: Gary Cohn on "Face the Nation," March 19, 2023
The following is a transcript of an interview with Gary Cohn, the former top economic adviser in the Trump White House and now vice chairman of IBM, that aired on "Face the Nation" on Sunday, March 19, 2023.
Transcript: Rep. Patrick McHenry on "Face the Nation," March 19, 2023
The following is a transcript of an interview with Rep. Patrick McHenry, Republican of North Carolina, that aired on "Face the Nation" on Sunday, March 19, 2023.
Transcript: Sen. Elizabeth Warren on "Face the Nation," March 19, 2023
The following is a transcript of an interview with Sen. Elizabeth Warren, Democrat of Massachusetts, that aired on "Face the Nation" on Sunday, March 19, 2023.
Shares of First Republic, Credit Suisse tumble despite new capital
The banks came under renewed pressure despite emergency measures to bolster their finances.
Biden asks Congress to crack down on executives at failed banks
The president is asking Congress to expand the FDIC's authority to penalize executives of failed banks.
SVB Financial, former parent of Silicon Valley Bank, files for bankruptcy
The bankruptcy comes days after its bank was shut down and taken over by regulators amid a solvency crisis.
U.S.
South Carolina store owner acquitted of murder in 2023 killing of Black teen
Chikei Rick Chow, 61, shot Cyrus Carmack-Belton in the back after chasing him from his convenience store in Columbia. He maintained he acted to defend his son.
Vanilla Ice says he'd perform for anybody, including Putin and Iran
"It's not anything to do with politics. I don't know why they're turning it into politics," Vanilla Ice said of the Freedom 250 concerts planned in Washington, D.C.
North Carolina officer fired over video of violent arrest turns himself in
Former Shelby County police officer Karson Hyder has been charged with one count of assault inflicting serious injury after video appeared to show him repeatedly punching a woman.
Bus driver in Virginia crash that killed 5 facing more charges
Jing Sheng Dong, a 48-year-old tour bus driver from Staten Island, New York, faces three additional felony counts in connection with the deaths.
About 1 in 4 professionals is stuck in a mid-career stall, study finds
Workers who go at least five years without a promotion or meaningful raise can miss out on thousands of dollars in earnings, researchers found.
Florida sues OpenAI over alleged harms caused by ChatGPT
Florida has become the first state to sue OpenAI and its CEO, Sam Altman.
DOJ says it will stop work on $1.8 billion "anti-weaponization fund"
The Justice Department said it will stop work on the $1.8 billion "anti-weaponization" fund following a district judge's decision temporarily blocking the program.
Lab worker who vanished last year found dead in New Mexico national forest
Melissa Casias was employed at the Los Alamos National Laboratory when she went missing last year, her niece said.
What to know about the major student loan changes coming July 1
The changes will affect how much students and their parents can borrow, as well as their repayment options.
Divided appeals court rules transgender military ban is unconstitutional
A divided federal appeals court ruled that the Trump administration's policy banning transgender individuals from serving in the military is likely unconstitutional.
Key hearing for Charlie Kirk murder suspect will be public, judge rules
A Utah judge denied a request from the suspect accused of killing Charlie Kirk to restrict access to parts of his July preliminary hearing.
Anthropic files for IPO, setting up public-market test of AI boom
The filing sets up Anthropic, the maker of the Claude AI chatbot, to sell its shares to the public.
Multiple people killed, officer wounded in Oregon shooting
Police were called to the scene of "a domestic disturbance and shooting" in the city of Sandy, outside of Portland, Oregon, on Sunday.
Fraudsters bought Kobe Bryant sneakers and Ferraris with taxpayer funds
For law enforcement investigating fraud cases, the hard part can be following the money to figure out where the tax dollars have gone.
Exclusive
U.S. sought Russia's help to free Austin Tice in first Trump term, ex-envoy says
U.S. officials sought help from Russia during President Trump's first term to secure the release of journalist Austin Tice, according to Robert O'Brien.
Exclusive
Woman from Iran describes fear for loved ones: "Sense of terror"
An Iranian woman who now lives in the U.S. spoke with CBS News as the war with Iran entered its fourth month.
Barry Diller's People Inc. offers to buy MGM Resorts
Diller said that MGM's properties, such as the Bellagio in Las Vegas, can't be easily replaced by AI.
Americans' financial literacy slumps to a 10-year low
A TIAA-Stanford University survey found that fewer people can correctly answer questions involving basic financial concepts. See how you fare.
United flight makes U-turn over "four-letter word" Bluetooth device
According to air traffic control audio, security came to inspect the aircraft after someone named their Bluetooth device a "certain four-letter word."
Congress returns with GOP agenda stalled over DOJ's "anti-weaponization" fund
Congress is returning from recess to resume work on funding immigration agencies, following a GOP revolt over the Trump administration's "anti-weaponization" fund.
Teen accused of stabbing 3 horses during racing event in Las Vegas
A teen girl has been arrested and charged for allegedly stabbing three horses during a racing event in Las Vegas, police said.
Can hackers pull your fingerprints from photos online? Experts explain.
Claims have circulated on social media that fingerprints can be pulled from photos featuring peace signs, but experts say the risk to the average person is low.
Exclusive
Trump plan would allow for quick asylum rejections, documents show
The regulation, described in internal documents obtained by CBS News, would be the latest effort by President Trump's White House to tighten access to the U.S. asylum system.
Zelenskyy says "more pressure" is needed to get Putin to negotiate peace deal
Ukrainian President Volodymyr Zelenskyy told "Face the Nation with Margaret Brennan" that he hopes "we are on the way" to a U.S. drone deal
Suspect accused of killing 3 elderly men in Hawaii charged with murder
The suspect accused of killing three elderly men in a rural part of Hawaii's Big Island has been charged with murder, among a number of other offenses, police said Sunday.
U.S.
More U.S.
South Carolina store owner acquitted of murder in 2023 killing of Black teen
Chikei Rick Chow, 61, shot Cyrus Carmack-Belton in the back after chasing him from his convenience store in Columbia. He maintained he acted to defend his son.
Vanilla Ice says he'd perform for anybody, including Putin and Iran
"It's not anything to do with politics. I don't know why they're turning it into politics," Vanilla Ice said of the Freedom 250 concerts planned in Washington, D.C.
North Carolina officer fired over video of violent arrest turns himself in
Former Shelby County police officer Karson Hyder has been charged with one count of assault inflicting serious injury after video appeared to show him repeatedly punching a woman.
Bus driver in Virginia crash that killed 5 facing more charges
Jing Sheng Dong, a 48-year-old tour bus driver from Staten Island, New York, faces three additional felony counts in connection with the deaths.
About 1 in 4 professionals is stuck in a mid-career stall, study finds
Workers who go at least five years without a promotion or meaningful raise can miss out on thousands of dollars in earnings, researchers found.
MoneyWatch
More MoneyWatch
About 1 in 4 professionals is stuck in a mid-career stall, study finds
Workers who go at least five years without a promotion or meaningful raise can miss out on thousands of dollars in earnings, researchers found.
What to know about the major student loan changes coming July 1
The changes will affect how much students and their parents can borrow, as well as their repayment options.
Anthropic files for IPO, setting up public-market test of AI boom
The filing sets up Anthropic, the maker of the Claude AI chatbot, to sell its shares to the public.
Barry Diller's People Inc. offers to buy MGM Resorts
Diller said that MGM's properties, such as the Bellagio in Las Vegas, can't be easily replaced by AI.
Americans' financial literacy slumps to a 10-year low
A TIAA-Stanford University survey found that fewer people can correctly answer questions involving basic financial concepts. See how you fare.
Politics
More Politics
Vanilla Ice says he'd perform for anybody, including Putin and Iran
"It's not anything to do with politics. I don't know why they're turning it into politics," Vanilla Ice said of the Freedom 250 concerts planned in Washington, D.C.
DOJ says it will stop work on $1.8 billion "anti-weaponization fund"
The Justice Department said it will stop work on the $1.8 billion "anti-weaponization" fund following a district judge's decision temporarily blocking the program.
Divided appeals court rules transgender military ban is unconstitutional
A divided federal appeals court ruled that the Trump administration's policy banning transgender individuals from serving in the military is likely unconstitutional.
U.S. political commentators say U.K. barred them "for criticizing Israel"
Left-wing streamers Cenk Uygur and Hasan Piker say Britain's government has denied them entry over their criticism of Israel.
Exclusive
U.S. sought Russia's help to free Austin Tice in first Trump term, ex-envoy says
U.S. officials sought help from Russia during President Trump's first term to secure the release of journalist Austin Tice, according to Robert O'Brien.
HealthWatch
More HealthWatch
HealthWatch
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.
New drug nearly doubles survival rates in some pancreatic cancer patients, study says
New research shows a medication called daraxonrasib is helping people with advanced pancreatic cancer live longer.
Woman diagnosed with cancer after minor symptoms: "Couldn't believe it"
Candace Tucker thought her symptoms were benign. A colonoscopy led to an alarming diagnosis.
Trump directs CDC to align with assessment calling for fewer childhood vaccines
Earlier this year, the CDC announced updated recommendations that would reduce the number of recommended immunizations for children from 17 to 11.
World
More World
Major Russian missile and drone attacks on Ukraine kill several, wound dozens
Russian missile and drone strikes killed several people and wounded dozens across Ukraine, authorities said, days after President Zelenskyy warned Moscow was preparing a "massive new strike."
U.S. political commentators say U.K. barred them "for criticizing Israel"
Left-wing streamers Cenk Uygur and Hasan Piker say Britain's government has denied them entry over their criticism of Israel.
666 bus to Hel back in business, as doomed tourist route is resurrected
News that the 666 to Hel was back has spread quickly across Polish social media accounts, and beyond.
Exclusive
U.S. sought Russia's help to free Austin Tice in first Trump term, ex-envoy says
U.S. officials sought help from Russia during President Trump's first term to secure the release of journalist Austin Tice, according to Robert O'Brien.
Exclusive
Woman from Iran describes fear for loved ones: "Sense of terror"
An Iranian woman who now lives in the U.S. spoke with CBS News as the war with Iran entered its fourth month.
Entertainment
More Entertainment
Entertainment
Marilyn Monroe's friends honor the icon (1962)
Monday marks 100 years since the birth of the iconic Hollywood actress Marilyn Monroe. On Aug. 10, 1962, six days after her death at the age of 36, CBS News aired a retrospective special about the legend's life, featuring interviews with friends, mentors and colleagues.
Vanilla Ice says he'd perform for anybody, including Putin and Iran
"It's not anything to do with politics. I don't know why they're turning it into politics," Vanilla Ice said of the Freedom 250 concerts planned in Washington, D.C.
Vanilla Ice on Freedom 250 concert series
A number of artists have recently said they will not perform at the upcoming multi-day Great American State Fair at Washington, D.C.'s National Mall. It's being put on by the group Freedom 250, which the BBC says was launched by the Trump administration, with the president appointing its CEO. Rapper Vanilla Ice joins to discuss why he believes the show must go on.
Horror films by YouTubers win big at box office
A pair of small-budget horror films made by YouTube creators, "Backrooms" and "Obsession," had a big weekend at the box office. CBS News correspondent Carter Evans reports.
"Backrooms" makes historic Hollywood debut
Kane Parsons' psychological thriller "Backrooms" earned $81.5 million on its first weekend. Carter Evan reports on how the film's success could change Hollywood.
Technology
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Technology
Early details on Anthropic's IPO filing
Anthropic, the artificial intelligence company behind the chatbot Claude, has filed to go public, setting up one of the biggest initial public offerings in history. CBS News senior business and technology correspondent Jo Ling Kent has the details.
Florida sues OpenAI over alleged harms caused by ChatGPT
Florida has become the first state to sue OpenAI and its CEO, Sam Altman.
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.
Anthropic confidentially files for IPO
Anthropic, the artificial intelligence company that created the Claude chatbot, said Monday it has confidentially filed for an initial public offering.
Can hackers pull your fingerprints from photos online? Experts explain.
Claims have circulated on social media that fingerprints can be pulled from photos featuring peace signs, but experts say the risk to the average person is low.
Science
More Science
New species of blue octopus discovered 5,900 feet underwater
The new species, named Microeledone galapagensis, has a blue hue, which is believed to be the rarest color in nature.
What we know about new UFO file release
The Pentagon has released another batch of never-before-seen files on reported UFO sightings. CBS News senior national security correspondent Charlie D'Agata reports.
Atlantic hurricane season is coming up. Here's what NOAA predicts.
The 2026 Atlantic hurricane season is quickly approaching, and the National Oceanic and Atmospheric Administration is releasing its forecast for what to expect.
2 humpback whales swam record-breaking distance, photos reveal
The pictures represent the longest-distance ever seen between two pictures of the same humpback whale, researchers said.
Live chicks hatched from artificial eggshell, biotech company says
Independent scientists say the technology, while impressive, lacks some components to be truly considered an artificial egg.
Crime
More Crime
South Carolina store owner acquitted of murder in 2023 killing of Black teen
Chikei Rick Chow, 61, shot Cyrus Carmack-Belton in the back after chasing him from his convenience store in Columbia. He maintained he acted to defend his son.
Fired N.C. cop arrested on assault charge
A North Carolina police officer, seen in doorbell video repeatedly punching a woman, has been fired for the conduct and charged with assault. Jericka Duncan reports.
Judge keeps hearing public in Kirk murder case
A preliminary hearing for Tyler Robinson, the man accused of killing conservative activist Charlie Kirk, will be open to the media and the public, a judge ruled Monday. CBS News' Anna Schecter has more.
Key hearing for Charlie Kirk murder suspect will be public, judge rules
A Utah judge denied a request from the suspect accused of killing Charlie Kirk to restrict access to parts of his July preliminary hearing.
Multiple people killed, officer wounded in Oregon shooting
Police were called to the scene of "a domestic disturbance and shooting" in the city of Sandy, outside of Portland, Oregon, on Sunday.
Space
More Space
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
A rare blue micromoon will appear in night skies this weekend. Here's what to expect.
NASA's moon base plans include landers, buggies and drones for 2028 mission
Jeff Bezos' Blue Origin, Astrolab, Lunar Outpost and Firefly Aerospace are awarded with hundreds of millions of dollars in NASA contracts for the first phase of its moon base plans.
China launches spacecraft with astronaut set to remain in space for a year
China has launched the Shenzhou 23 spacecraft with three astronauts heading to its space station.
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.
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
Marilyn Monroe's friends honor the icon (1962)
Monday marks 100 years since the birth of the iconic Hollywood actress Marilyn Monroe. On Aug. 10, 1962, six days after her death at the age of 36, CBS News aired a retrospective special about the legend's life, featuring interviews with friends, mentors and colleagues.
6/1: The Takeout with Major Garrett
Trump says Iran talks are continuing, Iran says otherwise; Graham Platner's wife addresses sexting scandal.
Vanilla Ice on Freedom 250 concert series
A number of artists have recently said they will not perform at the upcoming multi-day Great American State Fair at Washington, D.C.'s National Mall. It's being put on by the group Freedom 250, which the BBC says was launched by the Trump administration, with the president appointing its CEO. Rapper Vanilla Ice joins to discuss why he believes the show must go on.
Sexting scandal latest controversy for Platner
The likely Democratic nominee for Senate in Maine, Graham Platner, is under fire after he sent sexually explicit text messages to at least half a dozen women after he got married in 2023. Caitlin Huey-Burns reports.
Firefly Aerospace CEO on sending drones to moon
NASA is sending drones to the moon to help prepare for a permanent human presence. Firefly Aerospace CEO Jason Kim, whose company just secured a $75 million contract with NASA to deliver four drones to the moon, joins to discuss.