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.
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Central bank officials will announce on Wednesday if they are hiking the federal funds rate for a 10th consecutive time.
Shares of Los Angeles lender PacWest Bancorp fell 28% as spooked investors bail from regional banks.
JPMorgan Chase is buying the troubled lender after it became the second biggest bank failure in U.S. history.
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.
The ailing regional lender is at risk of becoming the third U.S. bank to collapse since March.
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.
FDIC Chairman Martin Gruenberg estimated about $20 billion would be needed to cover the collapse of Silicon Valley Bank.
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.
They say government helps wealthy more than middle class amid bank issues.
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.
Forced sale of a storied investment bank and lax U.S. financial rules are renewing concerns about the banking sector.
Inflation's still high, but analysts warn that further rate hikes from the Fed could lead more more banks to topple.
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.
The treasury secretary says the plan would be set in motion if additional collapses trigger a run on banks.
Regional lender's stock prices plunges 47% even after a group of the nation's biggest banks injected $30 billion in deposits.
About 190 banks could fail if even half of their uninsured depositors withdraw their money, a new study finds.
Officials announced the takeover on Sunday, after shares of Credit Suisse plummeted last week despite a $54 billion loan from the Swiss National Bank.
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.
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.
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.
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.
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.
The banks came under renewed pressure despite emergency measures to bolster their finances.
The president is asking Congress to expand the FDIC's authority to penalize executives of failed banks.
The bankruptcy comes days after its bank was shut down and taken over by regulators amid a solvency crisis.
A human bone discovered on a California beach in 2022 has been traced back to a former banker who vanished from that area more than two decades ago.
The Supreme Court will hear arguments Wednesday over the legality of President Trump's executive order that seeks to end birthright citizenship.
Fighter jets were scrambled over Palm Beach after a civilian plane breached restricted airspace near President Trump's Mar-a-Lago resort, officials said.
NASA is poised to launch four astronauts April 1 on a historic nine-day trip around the moon and back. Here's everything to know about the Artemis II mission.
When asked if a New York Times report that the tanker would be allowed to reach Cuba was true, Mr. Trump said: "If a country wants to send some oil into Cuba right now, I have no problem whether it's Russia or not."
After being down by as many as 19 on Sunday, Braylon Mullins retrieved a loose ball near midcourt in the waning seconds against Duke and hit a three-pointer from 35 feet away to take the lead.
The unprecedented move amounted to an indefinite suspension of all asylum requests filed outside of immigration court, regardless of the applicant's nationality.
The countdown to launch of the Artemis II crew's flight around the moon begins Monday at the Kennedy Space Center in Florida.
"As long as the Americans seek Iran's surrender, our response is clear: Far be it from us to accept humiliation," Mohammad Bagher Ghalibaf, Iran's parliament speaker, said Sunday.
Jerome Adams, who served as surgeon general in President Trump's first term, said that "similar to cigarettes," the government needs to point out that social media platforms "are incredibly addictive."
Congress has yet to approve funding for the Department of Homeland Security, which has been shut down for over 40 days.
On this "Face the Nation with Margaret Brennan" broadcast, Border Czar Tom Homan and former U.S. Surgeon General Jerome Adams join Margaret Brennan.
The test was in line with Kim Jong Un's goals of targeting the U.S., but some experts speculate the claim may be exaggerated.
Sgt. Moshe Yitzchak Hacohen Katz, 22, was born in Connecticut and served in the Israel Defense Forces' Paratroopers Brigade.
After their kidnapping case drew national attention because they were accused of making it up, Denise Huskins Quinn and Aaron Quinn worked with law enforcement to help uncover additional crimes committed by their attacker – helping to bring justice to other victims and reclaiming their own story.
The price of ammonia and urea, two fertilizer ingredients seeing disruptions, are up around 20% and 50%, respectively, since the start of the Iran war.
Dr. Lee rose to fame after his testimony in Simpson's 1995 trial, in which he questioned the handling of blood evidence.
The school district said 25 students and five adults were on the bus headed out for a school field trip.
Organizers estimated that at least 8 million people took part in more than 3,300 "No Kings" events worldwide.
Bank of America has reached a $72.5 million settlement in a lawsuit that alleges the financial giant helped facilitate the sex trafficking operation of convicted sex offender Jeffrey Epstein.
The U.S. has used close to 1,000 Tomahawk missiles since June 2025 and has been procuring them at a rate of about 90 per year.
The Artemis II countdown will begin March 30, setting up a launch attempt on April 1 at 6:24 p.m. Eastern Time.
In 2021, Woods was seriously injured in a rollover crash in Rolling Hills Estates, a Los Angeles suburb.
Seizing the highly enriched uranium would be more difficult and complex than anything U.S. Special Operations forces have ever attempted, military experts told CBS News.
The Department of Homeland Security said TSA agents should begin receiving pay as early as Monday, March 30.
The Supreme Court will hear arguments Wednesday over the legality of President Trump's executive order that seeks to end birthright citizenship.
Fighter jets were scrambled over Palm Beach after a civilian plane breached restricted airspace near President Trump's Mar-a-Lago resort, officials said.
NASA is poised to launch four astronauts April 1 on a historic nine-day trip around the moon and back. Here's everything to know about the Artemis II mission.
When asked if a New York Times report that the tanker would be allowed to reach Cuba was true, Mr. Trump said: "If a country wants to send some oil into Cuba right now, I have no problem whether it's Russia or not."
After being down by as many as 19 on Sunday, Braylon Mullins retrieved a loose ball near midcourt in the waning seconds against Duke and hit a three-pointer from 35 feet away to take the lead.
The One Big Beautiful Bill Act will add red tape and restrictions for those seeking Medicaid and SNAP benefits. And the costs to update computer systems that determine eligibility for those programs will be steep.
Bank of America has reached a $72.5 million settlement in a lawsuit that alleges the financial giant helped facilitate the sex trafficking operation of convicted sex offender Jeffrey Epstein.
More than 7 million student loan borrowers who've been enrolled in a Biden-era repayment plan will receive notices with instructions to seek a new plan to repay their debt.
The Department of Homeland Security said TSA agents should begin receiving pay as early as Monday, March 30.
About 1 in 4 Americans are using AI chatbots to prepare their tax returns, but experts warn the tools can produce outdated or inaccurate guidance.
The Supreme Court will hear arguments Wednesday over the legality of President Trump's executive order that seeks to end birthright citizenship.
The One Big Beautiful Bill Act will add red tape and restrictions for those seeking Medicaid and SNAP benefits. And the costs to update computer systems that determine eligibility for those programs will be steep.
Riverside County Sheriff Chad Bianco says his election fraud probe of the Proposition 50 Special Election last fall has come to a halt due to "politically motivated lawsuits and court filings."
When asked if a New York Times report that the tanker would be allowed to reach Cuba was true, Mr. Trump said: "If a country wants to send some oil into Cuba right now, I have no problem whether it's Russia or not."
The unprecedented move amounted to an indefinite suspension of all asylum requests filed outside of immigration court, regardless of the applicant's nationality.
The One Big Beautiful Bill Act will add red tape and restrictions for those seeking Medicaid and SNAP benefits. And the costs to update computer systems that determine eligibility for those programs will be steep.
David Lyon is one of the rising number of young adults to be diagnosed with colorectal cancer.
Here's what to know about peptides, what they can and can't do, and what's driving viral claims about possible health benefits online.
Dr. Jay Bhattacharya, head of the National Institutes of Health and interim leader of the Centers for Disease Control and Prevention, told staff a permanent CDC director could be nominated soon. "I know that it has been such a difficult year," he said.
Federal health officials posted a warning about misleading statements by biotech billionaire Dr. Patrick Soon-Shiong about his company's bladder cancer drug Anktiva.
Thieves made off with three paintings by Renoir, Cézanne and Matisse worth millions from an Italian museum in under three minutes, reports say.
Desmond Freeman fled into dense bushland in August last year after shooting and killing two police officers who came to search his rural home.
Energy markets remain volatile as Trump threatens Iran with an invasion to seize its oil while also suggesting a deal could soon end the war.
When asked if a New York Times report that the tanker would be allowed to reach Cuba was true, Mr. Trump said: "If a country wants to send some oil into Cuba right now, I have no problem whether it's Russia or not."
"As long as the Americans seek Iran's surrender, our response is clear: Far be it from us to accept humiliation," Mohammad Bagher Ghalibaf, Iran's parliament speaker, said Sunday.
Michael Jordan reflects on his life after basketball, his move into NASCAR, and the pressure that still comes with his competitive drive and fame.
Olivia Munn tells Tracy Smith about how she turned a symptomless Stage 1 breast cancer diagnosis into a mission to help other women.
Olivia Munn is busier than ever, starring in the new series "Your Friends and Neighbors," raising two kids and juggling a packed career. But as Tracy Smith reports in our Sunday Profile, an unexpected diagnosis reshaped her life in ways she never imagined.
Hosted by Jane Pauley. Featured: The story of Elizabeth Tsurkov's 903-day captivity in Iraq; Olivia Munn's breast cancer journey; Michael Jordan's drive to change NASCAR; the reinvention of "Cats" on Broadway; and New York's botanical superhero.
Tony Award-winner Brandon Uranowitz sits down with "CBS Saturday Morning" to discuss his journey to landing his latest role in "Ragtime" at Lincoln Center.
Many have dreamed of a future with flying cars, eliminating traffic on the morning commute. One company is trying to make that dream a reality. Itay Hod reports.
A judge has temporarily blocked the Pentagon's attempt to designate Anthropic as a supply chain risk. CBS News legal contributor Jessica Levinson joins with analysis.
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.
A mother and daughter in Kentucky have turned down a $26 million offer for their land. The offer came from an unnamed tech company wanting to build a data center. CBS News' Jared Ochacher spoke with the family.
As AI use rises, many see it decreasing the number of jobs available.
NASA is poised to launch four astronauts April 1 on a historic nine-day trip around the moon and back. Here's everything to know about the Artemis II mission.
Arctic sea ice levels are crucial to Earth's climate because, without the ice reflecting sunlight, more heat energy goes into the oceans.
Marine biologists found detectable levels of caffeine, cocaine and the over-the-counter painkillers in the blood of 28 sharks.
Here's what to know about peptides, what they can and can't do, and what's driving viral claims about possible health benefits online.
The staff at a Florida sea turtle hospital is monitoring some animals they've rehabilitated from space -- especially amputees, such as one they named Amelie, who's back at sea.
Thieves made off with three paintings by Renoir, Cézanne and Matisse worth millions from an Italian museum in under three minutes, reports say.
Desmond Freeman fled into dense bushland in August last year after shooting and killing two police officers who came to search his rural home.
A couple is attacked as they slept. They later team up with law enforcement and get their assailant to confess to more crimes. "48 Hours" correspondent Tracy Smith reports.
After their kidnapping case drew national attention because they were accused of making it up, Denise Huskins Quinn and Aaron Quinn worked with law enforcement to help uncover additional crimes committed by their attacker – helping to bring justice to other victims and reclaiming their own story.
The incident occurred in the middle of the night, while the office was closed. No employees were injured, according to the bank.
NASA is poised to launch four astronauts April 1 on a historic nine-day trip around the moon and back. Here's everything to know about the Artemis II mission.
The Artemis II crew is in quarantine ahead of a launch scheduled for Wednesday. If all goes well, the crew will fly around the far side of the moon, going farther from Earth than any human in history. Mark Strassmann reports.
The countdown to launch of the Artemis II crew's flight around the moon begins Monday at the Kennedy Space Center in Florida.
The 322-foot rocket set to launch Artemis II stood ready on the pad at the Kennedy Space Center on Saturday. It will be the first crewed moonshot in over a half-century. Mark Strassmann is there.
A global team of Air Force rescuers is on standby, ready to come to the aid of the Artemis II crew after their space launch.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
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.
Millions of people protested at "No Kings" rallies across the U.S. and Europe over the weekend against the Trump administration's policies and the war in Iran. Organizers estimate at least 8 million participated in more than 3,300 protests worldwide.
Iran issued a warning to the U.S., against a possible ground invasion as both sides continue to launch air and missile strikes. Holly Williams has the latest.
With Marines and the Army's 82nd Airborne Division amassing in the Middle East, President Trump on Air Force One wouldn't confirm if U.S. forces will head into Iran for a ground operation, only saying, "I just have lots of alternatives." It comes as members of both parties have voiced concerns. Weijia Jiang has the latest.
Travelers over the weekend experienced more long lines at Transportation Security Administration checkpoints after House Republicans rejected a deal passed by the Senate that could have ended the partial government shutdown. TSA workers may still soon get paid though, due to an executive order from President Trump. Jason Allen reports.
Iran targeting Kuwait and Saudi Arabia; Conflicting messages on Iran war.