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.
MoneyWatch
Latest News
More Americans can't pay their bills. Here's where it's worst.
More than a third of consumers are struggling to stay afloat, but the problems are worse in some states.
Banks are running scared. Is the Fed about to make things worse?
Analysts warn that a move by the central bank to further hike interest rates next week could cause more banks to topple.
Failed Signature Bank will be taken over by New York Community Bancorp
Signature Bank's collapse is considered the third-largest bank failure in U.S. history.
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.
When it comes to the best airports, the U.S. is flyover country
Only one U.S. flight hub ranks among among the top 20 airports in the world, a new analysis found.
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.
Here's how far $100,000 goes in the cheapest and priciest U.S. cities
While a six-figure income has long been seen as a marker of success, in some cities it barely covers the cost of living.
Shares of First Republic, Credit Suisse tumble despite new capital
The banks came under renewed pressure despite emergency measures to bolster their finances.
Managing Your Money
More
How to invest in gold amid banking concerns
In a volatile economy, gold can be a safe haven for your money. Learn about your gold investment options now.
3 things to know about HELOCs
HELOCs can be a cost-effective and valuable credit alternative for many homeowners. Here's what to know.
High-yield savings accounts vs. regular savings accounts: Which is better?
High-yield savings accounts and regular savings accounts both have unique benefits. Find out which is best for you here.
Retirement
More
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.
Millions of Americans nearing retirement age with no savings
According to U.S. Census Bureau data, 50% of women and 47% of men between the ages of 55 and 66 have no retirement savings.
The importance of preparing emotionally for retirement
Retirement is a seismic life change that can impact mental health, with one study suggesting it increases the likelihood of depression.
Money Tech
Lawsuits against Twitter allege millions in unpaid expenses
Landlords, vendors and others have filed cases against the social media giant, where CEO Musk is trying to cut expenses.
Yahoo plans to cut 20% of its workers as tech layoffs pile up
Tech companies have cut more than 60,000 jobs in the past month alone, reversing a hiring spree during the pandemic.
Here's how people in 3 different industries use ChatGPT for work
ChatGPT has already become an integral part of how many workers do their jobs in real estate, finance and more.
Here are the latest tech layoffs as the industry shudders
Tech companies large and small are slashing their payrolls, fearing a recession is on the way. Here's a running list.
Microsoft unveils search engine with ChatGPT-like functions
Tech giant is building artificial intelligence directly into Bing, CEO Satya Nadella tells "CBS Mornings."
Alphabet rolls out chatbot "Bard," its answer to ChatGPT
AI tool can help users decide which instrument to learn or explain complex topics, according to CEO Sundar Pichai.
Dell joins parade of tech giants slashing their workforces
The computer maker said it is cutting 5% of its workforce as consumer demand fades.
How will Netflix stop you from sharing your password?
Streaming company said a crackdown is coming by March, but a similar effort in other countries yielded mixed results.
Microsoft rolling out ChatGPT-powered Teams for $7 a month
After investing billions in AI-chatbot, the tech company is already using it to help improve consumers' work patterns.
Latest News
The state of the U.S. Navy amid a massive Chinese naval buildup
China has spent the last 20 years building the biggest navy naval force in the world. As tensions with that country continue to rise, Norah O'Donnell boarded the USS Nimitz to report on the U.S. Navy's readiness.
Judge orders Trump's attorney to testify in classified documents investigation
Corcoran previously refused to answer investigators' questions about his conversations with Trump, citing attorney-client privilege concerns. The ruling is likely be appealed.
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.
TOPGUN graduates compare movie to the real thing
The Navy's commander of the Pacific Fleet told 60 Minutes which parts he thought Hollywood got right in "Top Gun: Maverick"
Putin visits occupied city of Mariupol in Ukraine
The move was a show of defiance after the International Criminal Court issued a warrant for his arrest on war crimes charges.
Miami Beach enacts spring break curfew after 2 fatal shootings
The curfew will be from 11:59 p.m. Sunday until 6 a.m. Monday, with an additional curfew likely to be put in place Thursday through next Monday.
Video shows huge World War II anti-ship mine being destroyed
Authorities sounded emergency sirens to mark the removal of the bomb with 1,500-pounds of explosives.
The Affordable Care Act has significantly reduced disparities in healthcare, report says
Since its passage in 2010, the Affordable Care Act (ACA) has helped cut the U.S. uninsured rate nearly in half, a new report says.
Failed Signature Bank will be taken over by New York Community Bancorp
Signature Bank's collapse is considered the third-largest bank failure in U.S. history.
U.S.
More U.S.
Mystery solved after strange streaks of light seen in California sky
The flaming bits of wreckage created a "spectacular light show" and were going thousands of miles per hour, an astronomer said.
Miami Beach enacts spring break curfew after 2 fatal shootings
The curfew will be from 11:59 p.m. Sunday until 6 a.m. Monday, with an additional curfew likely to be put in place Thursday through next Monday.
The Affordable Care Act has significantly reduced disparities in healthcare, report says
Since its passage in 2010, the Affordable Care Act (ACA) has helped cut the U.S. uninsured rate nearly in half, a new report says.
Failed Signature Bank will be taken over by New York Community Bancorp
Signature Bank's collapse is considered the third-largest bank failure in U.S. history.
Rocco Commisso: How a billionaire businessman runs a soccer club
Rocco Commisso made billions running his cable TV empire, but owning Italian soccer club ACF Fiorentina has been much harder, he told 60 Minutes correspondent Sharyn Alfonsi.
MoneyWatch
More MoneyWatch
Failed Signature Bank will be taken over by New York Community Bancorp
Signature Bank's collapse is considered the third-largest bank failure in U.S. history.
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.
Shares of First Republic, Credit Suisse tumble despite new capital
The banks came under renewed pressure despite emergency measures to bolster their finances.
When it comes to the best airports, the U.S. is flyover country
Only one U.S. flight hub ranks among among the top 20 airports in the world, a new analysis found.
Ex-Theranos exec finds way to delay start of prison sentence
Balwani's lawyers appealed a ruling that triggered an automatic delay of his prison reporting date.
Politics
More Politics
Michael Cohen asked to be available for Trump grand jury, sources say
Cohen has been asked to be in close proximity to the grand jury, which meets in Lower Manhattan, in case he's needed to "rebut" another witness expected to testify Monday.
Military pilots, ground crews face higher rates of cancer, study says
The data had long been sought by retired aviators who have raised alarms for years about the number of air and ground crew members they knew who had cancer.
Full transcript of "Face the Nation" on March 19, 2023
On this "Face the Nation" broadcast, Sen. Elizabeth Warren, Democratic of Massachusetts, and Rep. Patrick McHenry, Republican of North Carolina, join Margaret Brennan.
Judge orders Trump's attorney to testify in classified documents investigation
Evan Corcoran previously refused to answer investigators' questions about his conversations with Trump, citing attorney-client privilege concerns. The ruling will likely be appealed.
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.
Health
More Health
The Affordable Care Act has significantly reduced disparities in healthcare, report says
Since its passage in 2010, the Affordable Care Act (ACA) has helped cut the U.S. uninsured rate nearly in half, a new report says.
Military pilots, ground crews face higher rates of cancer, study says
The data had long been sought by retired aviators who have raised alarms for years about the number of air and ground crew members they knew who had cancer.
California announces plan to produce $30 insulin
The product is not expected on store shelves until at least next year.
Idaho hospital stops labor and delivery services citing "political climate"
Abortion bans have made it increasingly challenging for rural hospitals nationwide to attract qualified staff.
Wyoming governor signs bill banning abortion pills
The governor also allowed a separate measure restricting abortion to become law without his signature.
World
More World
Video shows huge World War II anti-ship mine being destroyed
Authorities sounded emergency sirens to mark the removal of the bomb with 1,500-pounds of explosives.
7 killed in shootout as gunmen ambush soldiers in Mexico
A military unit "was the target of an attack by approximately 18 armed civilians aboard two vehicles," according to an army report.
Sunken "narco-sub" found in Spain after sub with dead bodies found in Colombia
Similar drug-smuggling crafts have been discovered off Central and South America, but they aren't very common in Europe.
North Korea's latest missile test was nuclear counterstrike simulation
The launch came less than an hour before the United States flew long-range B-1B bombers for joint training with South Korean warplanes.
Rocco Commisso: How a billionaire businessman runs a soccer club
Rocco Commisso made billions running his cable TV empire, but owning Italian soccer club ACF Fiorentina has been much harder, he told 60 Minutes correspondent Sharyn Alfonsi.
Entertainment
More Entertainment
Lance Reddick's wife, Stephanie Reddick, posts tribute to late actor
Stephanie Reddick also thanked her late husband's many fans, especially those who knew him from the "Destiny" video game series.
NPR's Ari Shapiro on the intimacy of storytelling
In his new memoir, "The Best Strangers in the World," the co-host of "All Things Considered" explains how storytelling plays out in his roles as journalist and singer.
"Air": Matt Damon and Ben Affleck's filmmaking jump shot
The pair who met as kids in Cambridge, Mass., and won an Oscar for "Good Will Hunting," have now formed a production company, whose first feature is about how Nike created a basketball shoe around an untried NBA rookie, Michael Jordan.
Jim Gaffigan: From laughs to ZZZs
The comedian has learned that his routines can be useful for children having trouble falling asleep. It's not the kind of affirmation he was looking for.
The mysteries of Johannes Vermeer
For the first time, 28 of the Dutch master's exquisite paintings - the majority of his life's work - have been assembled at the Rijksmuseum in Amsterdam for what's considered a once-in-a-lifetime exhibition.
Technology
More Technology
Meta launches paid verification subscription service in U.S.
The launch comes the same week that the company laid off about 10,000 workers.
DOJ investigating TikTok parent company for possible spying on U.S. citizens
News of the probe comes as U.S. lawmakers have ramped up calls for action against the widely popular social media app.
Smart home security tips for personal and cyber protection
ZDNet Editor-in-Chief Jason Hiner explains best practices for setup and success of smart home security systems.
YouTube reinstates Trump's account ahead of 2024 campaign
YouTube's decision means the former president's accounts on three major social media platforms have been restored ahead of the 2024 election.
Tech giant Baidu unveils "Ernie," China's answer to ChatGPT's AI tech
A prerecorded launch event and extremely limited product release didn't initially go down well with investors, but Baidu will have a distinct market advantage in China.
Science
More Science
New genetic analysis finds clues to animal origin of COVID outbreak
Analysis presented to the WHO offers clues to whether animals, possibly raccoon dogs, were infected at the Huanan animal market in early 2020.
Rocket Lab launches imaging radar satellites for Capella Space
The Capella Space satellites use cloud-piercing radar to monitor Earth around the clock, regardless of weather.
Wet weather in West will bring drought relief
NOAA's U.S. spring outlook predicts more wet weather will help improve the severe drought across the Western United States. CBS News senior national and environmental correspondent Ben Tracy joins CBS News to discuss.
Notre Dame fire exposes long-hidden secret inside Paris landmark
It was not clear how the builders "dared — and succeeded — in putting up such thin walls to such a height," the author of a study about the cathedral said.
Elderly penguins receive custom lenses in "world-first" procedure
Three king penguins received the artificial lens after undergoing successful cataract surgery – the first time the procedure has been done on the animals.
Crime
More Crime
7 killed in shootout as gunmen ambush soldiers in Mexico
A military unit "was the target of an attack by approximately 18 armed civilians aboard two vehicles," according to an army report.
Sunken "narco-sub" found in Spain after sub with dead bodies found in Colombia
Similar drug-smuggling crafts have been discovered off Central and South America, but they aren't very common in Europe.
Miami Beach enacts spring break curfew after 2 fatal shootings
The curfew will be from 11:59 p.m. Sunday until 6 a.m. Monday, with an additional curfew likely to be put in place Thursday through next Monday.
Michael Cohen asked to be available for Trump grand jury, sources say
Cohen has been asked to be in close proximity to the grand jury, which meets in Lower Manhattan, in case he's needed to "rebut" another witness expected to testify Monday.
A Chowchilla survivor's lifelong fight to keep her captors behind bars
Twenty-six children abducted by masked gunmen and buried alive in a truck trailer — survivors share their emotional, personal stories of bravery and helping each other survive the unknown.
Space
More Space
Mystery solved after strange streaks of light seen in California sky
The flaming bits of wreckage created a "spectacular light show" and were going thousands of miles per hour, an astronomer said.
Scientists discover volcanic activity on Venus
NASA's Magellan spacecraft collected images of the planet's surface between 1990 and 1992, and researchers recently searched that data to study the possible activity of the volcanoes in the terrain.
Rocket Lab launches imaging radar satellites for Capella Space
The Capella Space satellites use cloud-piercing radar to monitor Earth around the clock, regardless of weather.
SpaceX cargo ship docks with space station
The spacecraft delivered more than 3 tons of equipment and supplies, including fresh fruit for the space station crew.
NASA's new moonwalking spacesuit unveiled
NASA and Axiom Space are unveiling the design of the new spacesuit that will be worn by the next man and first woman to land on the moon as part of the Artemis III mission. Mark Strassmann traveled to Houston to get a sneak peek of the new suit.
Latest Galleries
More Latest Galleries
Rare photos from the 1976 Chowchilla bus kidnapping
A look inside the truck trailer where 26 abducted school children and their bus driver were buried alive -- and later escaped.
World News Roundup's 85th anniversary
America's longest-running news broadcast program celebrates three-quarters of a century on the air
Young witness found herself at the scene of a crime
What Angelina Fernandes saw the night her mother was accused of murder.
The crime scene evidence that convicted Alex Murdaugh
Inside South Carolina's "trial of the century" — how investigators built their case
Michelle Renee case evidence: Kidnapped and threatened with dynamite
A look into the evidence from the 2000 hostage situation and bank robbery that changed a mother and daughter's lives.
Latest Videos
More Latest Videos
Latest Videos
The FDIC and Silicon Valley Bank
When the FDIC seized Silicon Valley Bank and New York's Signature Bank, last weekend, it was a reminder of how fragile our banking system can be. Fourteen years ago, 60 Minutes witnessed how far the federal government will go to protect bank depositors.
Rocco Commisso: The 60 Minutes Interview
Sharyn Alfonsi speaks with billionaire Rocco Commisso about his journey from building cable TV empire Mediacom to owning an Italian soccer club ACF Fiorentina.
U.S. Navy responds to China’s naval buildup
China has spent the last 20 years building the biggest navy in the world. As tensions with that country continue to rise, Norah O’Donnell boarded the USS Nimitz to report on the U.S. Navy’s readiness.
3/19/2023: The State of the Navy; "Only in America"
U.S. Navy responds to China’s naval buildup; Rocco Commisso: The 60 Minutes Interview.
The end of the Cal Worthington car dealerships
For over 40 years, Cal Worthington's car dealerships dazzled Americans with flashy commercials and friendly business. But the family has sold the last remaining dealership, bringing an end to an era. Joy Benedict has more.