Sen. Warren: Big banks hiked interest on borrowers, but not for savers
As interest rates rose, banks charged more for credit cards and loans, but held rates paid on savings accounts.
MoneyWatch
Latest News
Which industries are most vulnerable to Trump's immigration crackdown?
Mass deportations of unauthorized immigrants in the U.S. could hurt a range of U.S. industries, experts warn.
Here's what to know about Trump's Stargate AI deal with OpenAI
The $500 billion Stargate project is projected to create hundreds of thousands of jobs. Here's what's known so far.
Google's Fitbit fined $12.2 million after customers burned by watches
Fitbit failed to report overheating incidents involving its Ionic watches in which customers suffered serious burns, safety regulator said.
Elon Musk's DOGE has a new cost-cutting target: the U.S. penny
Elon Musk's DOGE is taking aim at the U.S. penny, pointing out that it costs more to manufacture than it's worth.
Sacklers, Purdue Pharma reach $7.4B settlement with 15 states over opioid crisis
The Sackler family will pay the vast majority of the settlement — a total of $6.5 billion over 15 years.
Saudi Arabia to invest $600 billion in U.S., crown prince tells Trump
Saudi Arabia's crown prince told President Trump in a call that the kingdom intends to invest $600 billion in the U.S. over the next four years.
Trump wants the feds to lower prices for Americans. Can he deliver?
President Trump campaigned on the promise to bring down the U.S. cost of living. That could be easier said than done.
Why Trump's tariff threat could raise car prices significantly
Some of the biggest car brands, including Ford, General Motors and Stellantis, have plants in Mexico and Canada.
Managing Your Money
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What happens if you owe the IRS but can't pay?
Owing money to the IRS is stressful, especially if you're unable to pay. Here's what happens in those situations.
What's a good long-term CD interest rate for 2025?
The CD interest rate climate has evolved. Here's what a good long-term CD interest rate is considered to be now.
Should you open a home equity loan before the January Fed meeting?
With home equity loan rates evolving, now may be a smart time for homeowners to act. Here's why.
Money Tech
Walt Disney and FuboTV to combine their online live TV businesses
The proposed merger would join two internet TV bundles that together have 6.2 million subscribers.
ChatGPT recovers after being hit by outages, OpenAI says
The OpenAI issue was caused by an "upstream provider," according to the artificial intelligence organization.
AI voice scams are on the rise. Here's how to protect yourself.
Scammers are using AI-powered voice-cloning tools to prey on people. But experts say there's a simple way to protect you and your family.
YouTube TV again hiking its price — here's what a subscription will cost
The cost of YouTube TV has soared nearly 140% since the streaming platform launched in 2017.
Starbucks impacted by ransomware attack on software vendor
Starbucks managers forced to rely on manual systems to handle baristas' pay, but customers unaffected.
Microsoft 365 is experiencing an outage. Here's what to know.
Microsoft said it's investigating an issue impacting access to Microsoft 365 and its Teams app.
Bezos denies Musk claim that the Amazon founder predicted Trump loss
Elon Musk and Jeff Bezos — the two richest people on the planet — are squabbling over social media. No, really.
Trump Media's stock is halted after sudden plunge in DJT shares
Trading in Trump Media, owner of Truth Social, was halted briefly on Tuesday after the stock suddenly plunged.
Trump's DJT stock is surging, lifting Truth Social. Here's why.
Shares of Trump Media & Technology Group, which trades under the DJT ticker, jumped 18% on Monday. Here's why.
Pete Hegseth told Elizabeth Warren he paid $50,000 to accuser
President Trump's nominee to lead the Defense Department is on track to be confirmed as soon as Friday night if his support holds
live updates
Hughes Fire in Castaic grows, map shows areas under evacuation orders
The Palisades and Eaton wildfires continue burning in the Los Angeles area, leaving parts of Southern California with devastating fire damage.
Judge temporarily blocks Trump's birthright citizenship executive order
A federal judge in Seattle granted a request for a temporary restraining order sought by four states to block Trump's executive order against birthright citizenship.
DHS authorizes federal law enforcement to implement Trump's immigration policies
The directive allows federal law enforcement agents to carry out immigration-related enforcement actions that are usually reserved for officials under DHS.
Trump signs executive order to release more JFK, RFK, MLK assassination files
President Donald Trump said he'll declassify any remaining files from John F. Kennedy, Robert F. Kennedy and Martin Luther King Jr.'s assassinations.
Hegseth clears procedural vote for defense secretary
GOP Sen. Lisa Murkowski says she "cannot in good conscience" support Pete Hegseth for secretary of defense, and she and Sen. Susan Collins voted "no" on his nomination in a procedural vote.
United Healthcare announces Tim Noel as new CEO
UnitedHealth Group on Thursday announced that a longtime employee in the company has been named the new leader of its health insurance arm, nearly two months after the killing of former CEO Brian Thompson.
Exclusive
Trump officials closing immigration offices Biden set up in Latin America
The offices were designed to give migrants legal immigration options and dissuade them from crossing the U.S. southern border illegally.
See the full list of Oscar nominations for 2025 Academy Awards
Nominations for the 97th annual Academy Awards were announced Thursday morning, with "Emilia Pérez," "A Complete Unknown" and "Conclave" at the top of the heap in nominations.
Retirement
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Planning to retire at 65? Most Americans have to stop working earlier.
Most Americans are forced to retire earlier than they had expected, often disrupting their financial planning.
Social Security bill to expand benefits is in the hands of the Senate
The Social Security Fairness Act, which would increase benefits for 2.8 million retirees, has bipartisan support but time running out.
Seniors will pay more for Medicare in 2025. Here's what to know.
Medicare's Part B monthly premium is outpacing both inflation and Social Security's cost-of-living adjustment.
Here's what to know about House bill to expand Social Security benefits
Measure that would repeal so-called "government pensions offset" has been gaining support in House.
Some Social Security beneficiaries will get an extra November check
Some Social Security beneficiaries will receive an extra payment next month. Here's who will get the extra checks and why.
U.S.
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O'Donnell thanks viewers for embracing "hard news with heart"
Oprah Winfrey takes us back through Norah O'Donnell's five years as anchor and managing editor of "CBS Evening News."
Why Trump's tariff threat could raise car prices significantly
Some of the biggest car brands, including Ford, General Motors and Stellantis, have plants in Mexico and Canada.
DHS authorizes federal law enforcement to implement Trump's immigration policies
The directive allows federal law enforcement agents to carry out immigration-related enforcement actions that are usually reserved for officials under DHS.
Pete Hegseth told Elizabeth Warren he paid $50,000 to accuser
Pete Hegseth, President Trump's nominee to lead the Defense Department, is on track to be confirmed as soon as Friday night if his support holds.
SZA to join Kendrick Lamar for 2025 Super Bowl halftime show
Grammy-winning singer SZA will join Kendrick Lamar on stage at the 2025 Super Bowl halftime show on Feb. 9.
MoneyWatch
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Why Trump's tariff threat could raise car prices significantly
Some of the biggest car brands, including Ford, General Motors and Stellantis, have plants in Mexico and Canada.
Most Americans can't afford a $1,000 emergency expense, report finds
Nearly 60% of Americans don't have enough money put away to handle common financial emergencies, according to Bankrate.
United Healthcare announces Tim Noel as new CEO
UnitedHealth Group on Thursday announced that a longtime employee in the company has been named the new leader of its health insurance arm, nearly two months after the killing of former CEO Brian Thompson.
Sen. Warren: Big banks hiked interest on borrowers, but not for savers
As interest rates rose, banks charged more for credit cards and loans, but held rates paid on savings accounts.
Sacklers, Purdue Pharma reach $7.4B settlement with 15 states over opioid crisis
The Sackler family will pay the vast majority of the settlement — a total of $6.5 billion over 15 years.
Politics
More Politics
DHS authorizes federal law enforcement to implement Trump's immigration policies
The directive allows federal law enforcement agents to carry out immigration-related enforcement actions that are usually reserved for officials under DHS.
Trump administration expected to go outside CDC for acting director
The decision would close an unprecedented leadership gap at the Centers for Disease Control and Prevention.
Pete Hegseth told Elizabeth Warren he paid $50,000 to accuser
Pete Hegseth, President Trump's nominee to lead the Defense Department, is on track to be confirmed as soon as Friday night if his support holds.
Trump administration pulls security detail from two former officials
The Diplomatic Security detail was pulled Wednesday for the two former Trump administration officials, three sources said.
Exclusive
Trump officials closing immigration offices Biden set up in Latin America
The offices were designed to give migrants legal immigration options and dissuade them from crossing the U.S. southern border illegally.
HealthWatch
More HealthWatch
Trump administration expected to go outside CDC for acting director
The decision would close an unprecedented leadership gap at the Centers for Disease Control and Prevention.
United Healthcare announces Tim Noel as new CEO
UnitedHealth Group on Thursday announced that a longtime employee in the company has been named the new leader of its health insurance arm, nearly two months after the killing of former CEO Brian Thompson.
Google's Fitbit fined $12.2 million after customers burned by watches
Fitbit failed to report overheating incidents involving its Ionic watches in which customers suffered serious burns, safety regulator said.
More than a dozen cats dead or sickened by bird flu in raw pet food, FDA says
The sick or dead cats include domestic, exotic and sanctuary cats. The FDA is investigating.
Trump moves to withdraw U.S. from the World Health Organization
President Trump signed an executive order on the first day of his second term, beginning the process of withdrawing the U.S. from the World Health Organization.
World
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Supersonic winds rage on planet over 500 light-years from Earth
Researchers said this was the fastest wind ever measured in a jetstream that goes around a planet.
Teen who killed 3 girls at Taylor Swift-themed dance class sentenced
Axel Rudakubana, who killed three girls at a dance class, will likely "never be released" from prison, a judge said Thursday.
ICC prosecutor seeks arrest of Taliban leaders over persecution of women
The chief prosecutor of the U.N.'s International Criminal Court is seeking an arrest warrant for the Taliban chief for suspected crimes against humanity.
Divorcee who stopped having sex with husband wins appeal at court
"I hope that this decision will mark a turning point in the fight for women's rights in France," the woman said.
Rubio to stop in Panama on first overseas trip as secretary of state
Secretary of State Marco Rubio will likely travel to Central America in the first week of February, a source familiar with the planning said.
Entertainment
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SZA to join Kendrick Lamar for 2025 Super Bowl halftime show
Grammy-winning singer SZA will join Kendrick Lamar on stage at the 2025 Super Bowl halftime show on Feb. 9.
Michelle Yeoh on charting new course with "Star Trek: Section 31"
Academy Award winner Michelle Yeoh steps back into the Star Trek universe as she takes on the role of Emperor Georgiou in the new Paramount+ film "Star Trek: Section 31."
2025 Oscar nominations announced
The nominees for the 97th Academy Awards were announced Thursday morning, following a delay due to the Los Angeles wildfires. "Entertainment Tonight" hosts Kevin Frazier and Nischelle Turner break down this year's contenders.
Michelle Yeoh on "Star Trek: Section 31"
Academy Award winner Michelle Yeoh steps back into the Star Trek universe as Emperor Georgiou, leading Paramount+'s new film, "Star Trek: Section 31."
Robbie Williams on new biopic "Better Man"
In an exclusive interview at New York's legendary Cafe Carlyle, British superstar Robbie Williams discusses why he loved being played by a CGI monkey in the new biopic "Better Man," how his "life and whole career is based on audacity," and his struggles with addiction, anxiety and depression.
Technology
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Technology
New York proposes ban for phones in school
New York could soon join a growing list of states limiting cell phones in schools. If approved, the restrictions would go into effect at the start of next school year. CBS News correspondent Meg Oliver reports.
Why some users are suddenly following Trump
Some social media users have been questioning why it appears they are suddenly following President Trump on platforms like Facebook or Instagram. This and other questions and conspiracy theories have been flooding the internet in recent days. CBS News confirmed executive editor Rhonna Tarrant breaks them down.
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.
Meta says it didn't force users to follow Trump on Facebook and Instagram
The company also said it was working to resolve an issue where some words, including "Democrats" and "Republican," were blocked from Instagram search.
Here's what to know about Trump's Stargate AI deal with OpenAI
The $500 billion Stargate project is projected to create hundreds of thousands of jobs. Here's what's known so far.
Science
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Climate scientist: "There's no place that's safe"
Experts discuss the increased intensity we can expect from destructive weather events due to climate change, while an amateur meteorologist explains how he helped sound the alarm as wildfires spread towards the L.A. County community of Altadena.
Scientists make "jaw-dropping" discovery about Iron Age women in U.K.
Scientists analyzing 2,000-year-old DNA have revealed that a Celtic society in the southern U.K. during the Iron Age was centered around women, a study said.
SpaceX pushes Starship test flight back one day due to weather
If the weather cooperates, the Starship launch will follow the maiden flight of Jeff Bezos' already weather-delayed New Glenn rocket.
What to know about the pink fire retardant being dropped on L.A. wildfires
Aircraft battling fires raging through the Los Angeles area are dropping hundreds of thousands of gallons of hot-pink fire suppressant in a desperate effort to stop the flames.
When will cicadas come back in 2025?
Brood XIV, the second-largest group of periodical cicadas, known for their noisy mass emergence from the ground, will arrive this spring.
Crime
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Crime
7 officers shot in Texas
Seven San Antonio, Texas, police officers were shot after responding to a call of an apparent "suicide in progress." CBS News' Jason Allen has the latest confirmed information.
Teen who killed 3 girls at Taylor Swift-themed dance class sentenced
Axel Rudakubana, who killed three girls at a dance class, will likely "never be released" from prison, a judge said Thursday.
5 men sentenced to death for gang rape and murder of teen
Five men were sentenced to death for the gang rape and murder of a teenager as well as the killing of her father and toddler-aged niece.
Man dubbed the "Truck Stop Serial Killer" convicted in 2007 murder
Former truck driver Bruce Mendenhall has been now been convicted of three murders and is the suspect in several others.
Brothers say Hawaii police framed them for tourist's 1991 murder
Albert "Ian" Schweitzer, who spent over two decades in prison for the killing of Dana Ireland, was released in 2023 based on new evidence.
Space
More Space
Supersonic winds rage on planet over 500 light-years from Earth
Researchers said this was the fastest wind ever measured in a jetstream that goes around a planet.
FAA orders investigation into SpaceX Starship failure
A fire in the aft section of SpaceX's Starship trigged the apparent explosion that destroyed the spacecraft, the company says.
What's next for SpaceX?
SpaceX completed its seventh launch of the Starship rocket, Jeff Bezos' Blue Origin launched its New Glenn rocket into orbit and a NASA astronaut stuck in space went on her first spacewalk in seven months. CBS News space consultant Bill Harwood breaks down the latest stories.
SpaceX's Starship spacecraft destroyed in mega rocket launch
Telemetry from the Starship froze just more than 8 minutes after launch from Texas, moments after engines began shutting down.
Details on Blue Origin launch of Glenn rocket
Blue Origin's New Glenn rocket was launched Thursday morning in Florida following a three-day delay. Derrick Pitts, chief astronomer from the Franklin Institute, joined CBS News to discuss the launch.
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Notable Deaths in 2024
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
The Scott Peterson case: New evidence?
Peterson's death sentence for the murder of his pregnant wife Laci has been overturned. Now his supporters are pushing for a complete retrial.
The troubled marriage of Ashley and Doug Benefield
The seesaw marriage between the former ballerina and her much older husband only lasted four years, until she shot him on Sept. 27, 2020.
Texas couple investigates teen daughter's unusual death
Cayley Mandadi's mother and stepfather go to extreme lengths to prove her death was no accident.
Serial killer Rodney Alcala's secret photos
See some of convicted serial killer Rodney Alcala's photographs that were discovered by detectives in a Seattle storage locker.
Latest CBS News Videos
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Latest CBS News Videos
Norah O'Donnell signs off from "CBS Evening News"
After five years at the helm of "CBS Evening News," Norah O'Donnell is signing off for the final time Thursday as she prepares for a new role with the network. In a special sendoff, Oprah Winfrey looks back at O'Donnell's tenure as anchor and managing editor, from her historic interview with Pope Francis, to her live broadcast aboard the USS Nimitz.
What is DEI and why is it facing pushback?
President Trump signed multiple executive orders revoking several diversity, equity and inclusion mandates, policies and programs within the federal government. He also put federal DEI workers on leave. CBS News confirmed team executive editor Melissa Mahtani explains what it is and why it is getting pushback.
Is the Justice Department's memo unusual?
CBS News obtained a Justice Department memo directing local authorities to enact the Trump administration's immigration policies. Former federal prosecutor and independent counsel Scott Fredericksen tells "The Daily Report" that the memo reflects a "major change."
"Emilia Pérez" leads field as Oscar noms announced
The Academy Thursday announced the nominations for the 97th Academy Awards. "Emilia Pérez" received the most nominations with 13, the most ever for a non-English film, while "Wicked" picked up 10 nominations.
North Carolina braces cold amid recovery
A winter storm brought the wind and freezing temperatures to North Carolina. Meanwhile, the state is still trying to recover from Hurricane Helene. CBS News national correspondent Dave Malkoff has more.