
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.
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Officials announced the takeover on Sunday, after shares of Credit Suisse plummeted last week despite a $54 billion loan from the Swiss National Bank.
More than a third of consumers are struggling to stay afloat, but the problems are worse in some states.
Analysts warn that a move by the central bank to further hike interest rates next week could cause more banks to topple.
Signature Bank's collapse is considered the third-largest bank failure in U.S. history.
The bankruptcy comes days after its bank was shut down and taken over by regulators amid a solvency crisis.
Only one U.S. flight hub ranks among among the top 20 airports in the world, a new analysis found.
The Federal Deposit Insurance Corp will shoulder the immediate cost, but bank customers could see higher fees later.
While a six-figure income has long been seen as a marker of success, in some cities it barely covers the cost of living.
The banks came under renewed pressure despite emergency measures to bolster their finances.
In a volatile economy, gold can be a safe haven for your money. Learn about your gold investment options now.
HELOCs can be a cost-effective and valuable credit alternative for many homeowners. Here's what to know.
High-yield savings accounts and regular savings accounts both have unique benefits. Find out which is best for you here.
Divorced people can often collect benefits under the federal retirement program based on their ex-spouse's work history.
An estimated 60 million Americans live in households with two or more adult generations, according to numbers from the Pew Research Center.
Eliminating or lifting the tax cap would help stabilize Social Security, while also being fairer to most Americans, experts say.
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.
Retirement is a seismic life change that can impact mental health, with one study suggesting it increases the likelihood of depression.
Landlords, vendors and others have filed cases against the social media giant, where CEO Musk is trying to cut expenses.
Tech companies have cut more than 60,000 jobs in the past month alone, reversing a hiring spree during the pandemic.
ChatGPT has already become an integral part of how many workers do their jobs in real estate, finance and more.
Tech companies large and small are slashing their payrolls, fearing a recession is on the way. Here's a running list.
Tech giant is building artificial intelligence directly into Bing, CEO Satya Nadella tells "CBS Mornings."
AI tool can help users decide which instrument to learn or explain complex topics, according to CEO Sundar Pichai.
The computer maker said it is cutting 5% of its workforce as consumer demand fades.
Streaming company said a crackdown is coming by March, but a similar effort in other countries yielded mixed results.
After investing billions in AI-chatbot, the tech company is already using it to help improve consumers' work patterns.
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.
Corcoran previously refused to answer investigators' questions about his conversations with Trump, citing attorney-client privilege concerns. The ruling is likely be appealed.
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 Navy's commander of the Pacific Fleet told 60 Minutes which parts he thought Hollywood got right in "Top Gun: Maverick"
The move was a show of defiance after the International Criminal Court issued a warrant for his arrest on war crimes charges.
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.
Authorities sounded emergency sirens to mark the removal of the bomb with 1,500-pounds of explosives.
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.
Signature Bank's collapse is considered the third-largest bank failure in U.S. history.
The flaming bits of wreckage created a "spectacular light show" and were going thousands of miles per hour, an astronomer said.
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.
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.
Signature Bank's collapse is considered the third-largest bank failure in U.S. history.
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.
Signature Bank's collapse is considered the third-largest bank failure in U.S. history.
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 banks came under renewed pressure despite emergency measures to bolster their finances.
Only one U.S. flight hub ranks among among the top 20 airports in the world, a new analysis found.
Balwani's lawyers appealed a ruling that triggered an automatic delay of his prison reporting date.
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.
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.
On this "Face the Nation" broadcast, Sen. Elizabeth Warren, Democratic of Massachusetts, and Rep. Patrick McHenry, Republican of North Carolina, join Margaret Brennan.
Evan Corcoran previously refused to answer investigators' questions about his conversations with Trump, citing attorney-client privilege concerns. The ruling will likely be appealed.
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.
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.
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.
The product is not expected on store shelves until at least next year.
Abortion bans have made it increasingly challenging for rural hospitals nationwide to attract qualified staff.
The governor also allowed a separate measure restricting abortion to become law without his signature.
Authorities sounded emergency sirens to mark the removal of the bomb with 1,500-pounds of explosives.
A military unit "was the target of an attack by approximately 18 armed civilians aboard two vehicles," according to an army report.
Similar drug-smuggling crafts have been discovered off Central and South America, but they aren't very common in Europe.
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 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.
Stephanie Reddick also thanked her late husband's many fans, especially those who knew him from the "Destiny" video game series.
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.
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.
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.
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.
The launch comes the same week that the company laid off about 10,000 workers.
News of the probe comes as U.S. lawmakers have ramped up calls for action against the widely popular social media app.
ZDNet Editor-in-Chief Jason Hiner explains best practices for setup and success of smart home security systems.
YouTube's decision means the former president's accounts on three major social media platforms have been restored ahead of the 2024 election.
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.
Analysis presented to the WHO offers clues to whether animals, possibly raccoon dogs, were infected at the Huanan animal market in early 2020.
The Capella Space satellites use cloud-piercing radar to monitor Earth around the clock, regardless of weather.
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.
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.
Three king penguins received the artificial lens after undergoing successful cataract surgery – the first time the procedure has been done on the animals.
A military unit "was the target of an attack by approximately 18 armed civilians aboard two vehicles," according to an army report.
Similar drug-smuggling crafts have been discovered off Central and South America, but they aren't very common in Europe.
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.
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.
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.
The flaming bits of wreckage created a "spectacular light show" and were going thousands of miles per hour, an astronomer said.
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.
The Capella Space satellites use cloud-piercing radar to monitor Earth around the clock, regardless of weather.
The spacecraft delivered more than 3 tons of equipment and supplies, including fresh fruit for the space station crew.
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.
A look inside the truck trailer where 26 abducted school children and their bus driver were buried alive -- and later escaped.
America's longest-running news broadcast program celebrates three-quarters of a century on the air
What Angelina Fernandes saw the night her mother was accused of murder.
Inside South Carolina's "trial of the century" — how investigators built their case
A look into the evidence from the 2000 hostage situation and bank robbery that changed a mother and daughter's lives.
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.
Sharyn Alfonsi speaks with billionaire Rocco Commisso about his journey from building cable TV empire Mediacom to owning an Italian soccer club ACF Fiorentina.
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.
U.S. Navy responds to China’s naval buildup; Rocco Commisso: The 60 Minutes Interview.
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.