Debt ceiling deadline is now June 5, Yellen says
Time is running short for House Republicans and the White House to reach an agreement on the debt ceiling to avoid default.
MoneyWatch
Latest News
A worker claimed flagging racism cost her job. She won $11 million.
The high-end Equinox gym claimed Röbynn Europe was fired for repeated tardiness. Europe alleged her firing was retaliation.
Russia's war in Ukraine is spurring investments in renewable energy
Investments in solar recently overtook oil for the first time, but the world still needs scale back fossil fuels to meet climate goals, energy group says.
Powerball winner served lawsuit alleging he stole ticket
The suit is moving forward despite the California Lottery's confidence in its vetting process.
Immigrants now represent a record share of U.S. workers
Almost 1 in 5 workers are now foreign-born, reversing a pandemic decline when immigration slowed.
Tipping is on steroids. Here's what to know about when to give.
Technology and shifting cultural norms have changed the rules around rewarding service with a tip. Has it gone too far?
Inflation is falling, but not your electricity bill. Here's why.
Forecasters expect residential power costs to continue rising this summer even as other energy prices drop.
Where to go this summer for a family friendly vacation overseas
Flights to some parts of the globe are expected to be pricey, but there are still relative bargains to be found.
College majors have a big impact on income. Here's what to know.
Some college students opt for majors that may not pay off down the line. Your alma mater can also make a big difference.
Managing Your Money
More
Debt consolidation could save you thousands of dollars. Here's how.
Don't let debt destroy your finances. Here's how debt consolidation can save you money, both now and in the future.
What to look for in a gold investment company
If you're ready to invest in gold, it helps to know how to choose the right company to help buy and store the precious metal.
Want cheap pet insurance? Buy this type.
If you need pet insurance - but don't want to break the bank to get it - then look for this type of policy.
Retirement
More
Social Security's 2023 COLA was 8.7%. It may be stingier in 2024.
Seniors and other recipients of the Social Security program may get a cost-of-living adjustment of 3.1% next year, one forecast says.
Inflation is ruining Americans' efforts to save for retirement
Even a brief interruption in plan contributions can affect people's financial goals years down the road, experts say.
How your ex could boost your Social Security benefits
Divorced people can often collect benefits under the federal retirement program based on their ex-spouse's work history.
Difficult economy and loneliness forces some retirees to move in with family
An estimated 60 million Americans live in households with two or more adult generations, according to numbers from the Pew Research Center.
One way to fix Social Security? "Smash the cap"
Eliminating or lifting the tax cap would help stabilize Social Security, while also being fairer to most Americans, experts say.
Money Tech
Give up your personal data and get a free 55-inch TV
Company is is giving out TV sets valued at $1,000 each in exchange for info including you shopping habits and home address.
People are asking ChatGPT how to get rich quick
Social media influencers are touting "generative" AI as a way to make easy money. But experts say it's not "magical."
How job seekers are using AI to supercharge their job hunt
Automated search tools like LazyApply, Sonara and Massive let job hunters fire off hundreds of applications in just a few clicks.
Haven't checked your old Gmail account in a while? Google could delete it
Google plans to delete accounts that have been inactive for at least two years.
Father of ChatGPT: AI could "go quite wrong"
Speaking at a Senate hearing, OpenAI CEO Sam Altman said his biggest fear is that artificial intelligence could "cause significant harm to the world."
Most Facebook users can now claim settlement money. Here's how.
Application to collect part of Meta's $725 million settlement is simple, requiring only a few minutes to fill out.
Twitter co-founder Jack Dorsey slams Elon Musk's management
"Was I optimistic? Yes. Did I have final say? No," wrote Dorsey, once an ardent supporter of Musk's leadership of the social network.
Can AI help customer service reps help customers better?
A groundbreaking real-world trial explored how "generative" artificial intelligence can be used to improve customer service.
Elon Musk's Twitter drops government-funded media labels
After backlash, the platform has removed labels describing global media organizations as government-funded or state-affiliated.
Latest News
Tentative debt ceiling deal reached to avert default
After days of intense negotiations and weeks of talks, an agreement in principle has been reached to raise the debt ceiling.
Ken Paxton, Texas attorney general, impeached by state House
Ken Paxton will be immediately suspended pending a Senate trial.
Ukrainian military chief hints that counteroffensive could be coming soon
A slickly produced video showed troops preparing for battle with American-made armored vehicles, artillery and rocket launchers.
DeSantis campaign to receive "unprecedented" money by super PAC
The PAC has been gathering online contributions with the purpose of funneling it to the official campaign.
Inside the government agency working to identify fallen service members
At the Department of Defense, one division works to bring home tens of thousands of unidentified soldiers.
Henry Kissinger, former U.S. diplomat, turns 100
Kissinger has been at the forefront of U.S. diplomacy for longer than most Americans have been alive.
"Anatomy of a Fall" wins Palme d'Or; Japan, Turkey win Cannes acting awards
The awards were announced Saturday at the 76th edition of the Cannes Film Festival.
Key artifact helps illuminate historic moment in JFK assassination
Nearly 60 years ago, reporter Bill Mercer broke the news to Lee Harvey Oswald on camera that he had been charged with murdering President John F. Kennedy.
State Farm to stop offering new home insurance policies in California
However, State Farm will continue to offer personal auto insurance policies in California, the company said.
U.S.
More U.S.
Would Gabby Petito be alive if abuse warning signs were acted on earlier?
Gabby Petito, 22, died at the hands of her fiancé, Brian Laundrie. Now, her parents are asking if her murder could have been prevented, and hope others can be saved by learning her story.
State Farm to stop offering new home insurance policies in California
However, State Farm will continue to offer personal auto insurance policies in California, the company said.
Tentative debt ceiling deal reached to avert default
After days of intense negotiations and weeks of talks, an agreement in principle has been reached to raise the debt ceiling.
Key artifact helps illuminate historic moment in JFK assassination
Nearly 60 years ago, reporter Bill Mercer broke the news to Lee Harvey Oswald on camera that he had been charged with murdering President John F. Kennedy.
Ken Paxton, Texas attorney general, impeached by state House
Ken Paxton will be immediately suspended pending a Senate trial.
MoneyWatch
More MoneyWatch
Russia's war in Ukraine is spurring investments in renewable energy
Investments in solar recently overtook oil for the first time, but the world still needs scale back fossil fuels to meet climate goals, energy group says.
Immigrants now represent a record share of U.S. workers
Almost 1 in 5 workers are now foreign-born, reversing a pandemic decline when immigration slowed.
Debt ceiling deadline is now June 5, Yellen says
Time is running short for House Republicans and the White House to reach an agreement on the debt ceiling to avoid default.
Where to go this summer for a family friendly vacation overseas
Flights to some parts of the globe are expected to be pricey, but there are still relative bargains to be found.
Powerball winner served lawsuit alleging he stole ticket
The suit is moving forward despite the California Lottery's confidence in its vetting process.
Politics
More Politics
Tentative debt ceiling deal reached to avert default
After days of intense negotiations and weeks of talks, an agreement in principle has been reached to raise the debt ceiling.
Ken Paxton, Texas attorney general, impeached by state House
Ken Paxton will be immediately suspended pending a Senate trial.
McCarthy still "an optimist" about debt ceiling deal
President Biden and House Speaker Kevin McCarthy spoke by phone Saturday evening CBS News learned, but a deal has not yet been reached.
DeSantis campaign to receive "unprecedented" money by super PAC
The PAC has been gathering online contributions with the purpose of funneling it to the official campaign.
Biden hopes for "evidence" of possible debt ceiling deal by Friday's end
Treasury Secretary Janet Yellen set a new estimated "X" date for a possible government default if no deal is reached of June 5.
HealthWatch
More HealthWatch
COVID hospitalizations reach new record low nationwide, CDC says
This is the first time fewer than 9,000 new weekly admissions were reported.
Should you take off your shoes in the house? Scientists weigh in.
You probably clean your shoes if you step in something muddy or disgusting. But when you get home, do you always de-shoe at the door?
Musk startup says it's been cleared to test brain implants in humans
Musk said the company would try to use the implants to restore vision and mobility in humans who had lost such abilities.
Pfizer's Paxlovid still free, for now, after FDA grants full approval
Paxlovid, Pfizer's COVID-19 treatment pills, could go to the private market by late summer.
Long COVID includes these 12 symptoms, new study finds
A new study funded by the National Institutes of Health brings more understanding to the symptoms of long COVID, with the aim of helping lead to much-needed treatment options.
World
More World
Ukrainian military chief hints that counteroffensive could be coming soon
A slickly produced video showed troops preparing for battle with American-made armored vehicles, artillery and rocket launchers.
Henry Kissinger, former U.S. diplomat, turns 100
Kissinger has been at the forefront of U.S. diplomacy for longer than most Americans have been alive.
Egyptian authorities unveil recently discovered ancient sites, artifacts
Egyptian antiquities authorities have unveiled ancient workshops and tombs they say were discovered recently at a Pharaonic necropolis just outside the capital Cairo.
U.S., Mexico seek international emergency over deadly fungal outbreak
Officials fear a repeat of a deadly outbreak from Mexico that killed nearly half of meningitis patients.
Russia's war in Ukraine is spurring investments in renewable energy
Investments in solar recently overtook oil for the first time, but the world still needs scale back fossil fuels to meet climate goals, energy group says.
Entertainment
More Entertainment
"Anatomy of a Fall" wins Palme d'Or; Japan, Turkey win Cannes acting awards
The awards were announced Saturday at the 76th edition of the Cannes Film Festival.
Brandy Clark performs "Tell Her You Don't Love Her"
Multi-Grammy nominee and country star Brandy Clark makes a return visit to our Saturday Sessions. This week, she's celebrating her fourth studio album and hit Broadway musical by performing from her new self-titled collection. Here is Brandy Clark with "Tell Her You Don't Love Her."
Brandy Clark performs "Northwest"
Multi-Grammy nominee and country star Brandy Clark makes a return visit to our Saturday Sessions. This week, she's celebrating her fourth studio album and hit Broadway musical by performing from her new self-titled collection. Here is Brandy Clark with "Northwest."
Brandy Clark performs "Ain't Enough Rocks"
Multi-Grammy nominee and country star Brandy Clark makes a return visit to our Saturday Sessions. This week, she's celebrating her fourth studio album and hit Broadway musical by performing from her new self-titled collection. Here is Brandy Clark with "Ain't Enough Rocks."
Book excerpt: "The Wind Knows My Name" by Isabel Allende
The New York Times bestselling author of such works as "The House of the Spirits" and "A Long Petal of the Sea" returns with a story that draws parallels between the Holocaust and the plight of children separated from their parents at the U.S. border.
Technology
More Technology
Technology
Smith on "real concern" about Chinese malware
The hacking operation code-named "Volt Typhoon" that targeted critical infrastructure in Guam and other locations in the United States is of "real concern," Microsoft president and vice chair Brad Smith tells "Face the Nation." Watch more of Margaret Brennan's interview with Smith Sunday on "Face the Nation."
Musk startup says it's been cleared to test brain implants in humans
Musk said the company would try to use the implants to restore vision and mobility in humans who had lost such abilities.
Private moon race ready for liftoff
As part of "CBS Mornings'" "American Innovation" series, Mark Strassmann reports on space quickly becoming the next economic frontier, if you can stick the landing.
Former Google executive speaks out against AI
Nearly 20 years ago, the movie "I, Robot" warned of an impending robot revolution powered by artificial intelligence that views humanity as "scum." Now, what was once science fiction has become a paramount concern for tech executives and futurists. Mo Gawdat, former chief business officer for Google's secretive research and development lab "X," joins CBS News to discuss the future of AI.
Surgeon general on kids' use of social media
U.S. Surgeon General Vivek Murthy has issued a new advisory about the effects of social media on young people's mental health. Dr. Murthy joins CBS News to discuss his report and what families can do to help ensure children safely use social media.
Science
More Science
Hurricanes and climate change: What's the connection?
Science tells us there's a connection between hurricanes and climate change. But how strong is it? And what can we expect for the future?
Unorthodox crops could be the future of food
Some scientists believe America's breadbasket could soon be at risk of potentially emptying, and they're warning a relentless drought is harming the nation's wheat crops. Science journalist Jenny Morber, who reports on climate resiliency and food, joined CBS News to discuss how researchers are trying to solve the problem.
Supreme Court weakens EPA power over wetlands
The Supreme Court has again weakened the power of the Environmental Protection Agency. This time it involves wetlands. Jess Bravin, Supreme Court correspondent for the Wall Street Journal, joins CBS News to break down the court's latest ruling and its implications for the environment.
Italy leads revolt against Europe's electric vehicle transition
PM Giorgia Meloni's far-right government tried and failed to block EU plans to ban all new fossil fuel-powered cars by 2035, but it's not giving up the fight entirely.
3 states reach deal on Colorado River water
Three of the seven Colorado River states - California, Arizona and Nevada - have agreed to cut their water usage by 3 million acre-feet by 2026. Some 40 million people and more than two dozen Native American tribes depend on the Colorado River. CBS News senior national and environmental correspondent Ben Tracy breaks down the details of the historic deal.
Crime
More Crime
Would Gabby Petito be alive if abuse warning signs were acted on earlier?
Gabby Petito, 22, died at the hands of her fiancé, Brian Laundrie. Now, her parents are asking if her murder could have been prevented, and hope others can be saved by learning her story.
Texas Attorney General Ken Paxton impeached
Ken Paxton, the embattled attorney general of Texas, was decisively impeached Saturday by the state House. The 20 articles of impeachment against Paxton included accusations of bribery, obstruction of justice and abuse of the public trust.
Funeral director pleads guilty to theft after decomposing bodies discovered
Randy Lankford, owner of Lankford Funeral Home and Family Center in Jeffersonville, faces a proposed sentence of 12 years.
Pennsylvania nurse accused of killing 2 patients with insulin, officials say
Heather Pressdee, 40, told investigators she allegedly administered insulin to the patients as "she had hoped they would slip into a coma and just pass away."
FBI offers $250,000 reward for man accused of killing his bride after wedding
Estrella Carrera was found dead in the bathtub of her home, still wearing the dress she wore to her wedding reception, authorities said.
Space
More Space
Virgin Galactic returns to space with successful sub-orbital test flight
The first crewed flight of Virgin's spaceplane in two years sets the stage for customers to begin flights to the edge of space in June.
Astronaut Peggy Whitson touts commercial spaceflight, private space stations
In an interview with CBS News, Peggy Whitson discusses her commercial visit to the International Space Station.
Russian cargo ship docks at space station amid commercial crew visit
The Ax-2 private astronaut mission, two cargo launches and multiple spacewalks highlight a busy early summer aboard space station.
A Japanese lunar lander crashed on the moon. NASA just found the evidence.
A camera team was able to identify what NASA called "an unusual surface change" near where the lander was supposed to end up.
See stunning images of the sun by Earth's most powerful telescope
The incredible photos show sunspots and quiet areas on the sun's topmost layer.
Latest Galleries
More Latest Galleries
Summer music heats up 2023
Live performances are in full swing this summer. Scroll through our concert gallery, featuring pictures by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
N.J. woman survives a home invasion, brutal stabbing by a young stranger
Despite losing three quarters of the blood in her body, Donna Ongsiako was able to help police find the person who almost took her life.
Notable Deaths in 2023
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
How investigators solved murder of missing Florida woman
Vero Beach Police investigators focused on cellphone tower pings and surveillance footage cameras to catch a man who murdered his former girlfriend.
Lamar Johnson's 28-year fight for freedom
Lamar Johnson was convicted of Markus Boyd's murder in 1995. He always insisted he was innocent, but it would take almost three decades for a court to agree.
Latest Videos
More Latest Videos
Latest Videos
Gabby Petito: The Untold Story
"48 Hours” explores Gabby Petito’s final days and the missed warning signs that might have saved her. "48 Hours" contributor Jericka Duncan reports.
Nationwide lifeguard shortage as summer arrives
A shortage of lifeguards across the U.S. could lead to safety concerns for public pools and beaches nationwide. Elise Preston reports.
Kamala Harris gives West Point commencement address
Vice President Kamala Harris made history Saturday by becoming the first woman to give the commencement address at the U.S. Military Academy at West Point.
Artifact illuminates history in JFK assassination
Nearly 60 years ago, reporter Bill Mercer broke the news to Lee Harvey Oswald on camera that he had been charged with murdering President John F. Kennedy. That camera is now in a Dallas museum. Omar Villafranca has the story.
Ukrainian military chief on possible counteroffensive
Ukraine increased speculation that a counteroffensive against Russian forces could be imminent with a video released Saturday. Debora Patta reports.