Bank of America may introduce credit card with 10% APR
Facing pressure from President Trump, credit card issuers are exploring ways to ease borrowing costs.
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Facing pressure from President Trump, credit card issuers are exploring ways to ease borrowing costs.
Watch Margaret Brennan's full interview with Bank of America CEO Brian Moynihan, a portion of which aired on Dec. 28, 2025. Editor's note: This interview was recorded on Dec. 17, 2025.
A new lawsuit alleges Bank of America profited from its dealings with convicted sex offender Jeffrey Epstein.
ATM fees for out-of-network cash withdrawals average $4.86 nationwide — the highest on record, according to aBankrate survey.
Americans' confidence in finding a new job fell to the lowest measure on record, new government survey shows.
President Trump said two major banks turned down his business. Here's why conservatives are concerned with so-called debanking.
A new report from Bank of America is showing signs of slowing consumer spending with people stocking up in anticipation of President Trump's tariff policies going into effect. David Tinsley, senior economist at the Bank of America Institute, joined CBS News to discuss the report.
Government watchdog claims Americans lost hundreds of millions to fraud related to the bank-operated mobile payments network.
Bank of America customers are reporting problems accessing their online accounts, according to DownDetector.
Bank of America is hiking its base pay starting next month and plans to further lift the company's minimum wage in 2025.
With Veterans Day falling on a Saturday this year, some banks weren't open on Friday and others will be closed on Saturday in observance of the federal holiday that honors Americans who served in the military.
Customers with several big U.S. banks expressed frustration after their paychecks didn't show up in their accounts.
A Brink's truck driver was shot outside a Bank of America in South Philadelphia Thursday, police said.
Bank of America was ordered to pay millions of dollars after regulators learned it had opened fake accounts, double charged customers and withheld credit card rewards.
Wall Street bank will pay $250 million for opening fake accounts without customers' knowledge and hitting them with junk fees.
This week on "Face the Nation," West Virginia's Democratic Sen. Joe Manchin and Louisiana Republican Garret Graves discuss what's next for the country after averting a debt crisis, plus Bank of America CEO Brian Moynihan on how brinkmanship impacts an ever-changing economy.
Bank of America CEO Brian Moynihan joined “Face the Nation” to discuss the economy after the nation averted a debt crisis.
EMG Advisors CEO and lead portfolio manager Will McDonough spoke with CBS News' Lana Zak and Lilia Luciano about how investors are reacting to earnings reports from Goldman Sachs and some other major companies.
Forced sale of a storied investment bank and lax U.S. financial rules are renewing concerns about the banking sector.
The U.S. saw solid gains in the labor market in December, but concerns about a possible recession still linger. Bank of America's chief economist Michael Gapen joins CBS News' Catherine Herridge with his economic forecast for 2023.
Michael Gapen, chief economist at Bank of America, says the U.S. "may be able to avoid" a recession in 2023, but it "could be a difficult year."
Bank of America CEO Brian Moynihan says he expects a "shallow recession" over the next year.
Bank of America is offering zero-down-payment and zero-closing-cost mortgages in a push to address racial disparities in homeownership. CBS News' Tanya Rivero and Errol Barnett speak with Jun Zhu, non-resident fellow of housing finance policy at the Urban Institute, about how effective this program could be.
New polling reveals 81% of adult Americans think the economy will likely experience a recession this year. David Tinsley, a senior economist at the new Bank of America Institute, joins CBS News' Tanya Rivero and Meg Oliver to discuss the state of the economy.
National average gas prices reached a new record high on Memorial Day at over $4.61 per gallon. In order to budget for higher prices at the pump, many Americans are cutting back on other spending. Bank of America Institute's senior economist David Tinsley explains the relationship between gas prices and consumer spending and which groups are making the biggest cutbacks.
FBI Director Kash Patel posted videos of a person outside the home of Nancy Guthrie, the mother of Savannah Guthrie, on the morning of her disappearance.
The leaders of three major immigration agencies defended the Trump administration's deportations in testimony before lawmakers on Tuesday.
Justice Department files on Jeffrey Epstein released recently show Commerce Secretary Howard Lutnick and Jeffrey Epstein had a closer relationship than Lutnick has previously stated.
The new document revealed that the FBI's investigation was initiated following a referral from an attorney who worked to overturn the election results in 2020.
Seamus Culleton says he's been held for 5 months in a "filthy" ICE detention camp despite a U.S. work permit and green card application.
A National Guard spokesperson said the weapon was returned to the Louisiana National Guard "and the soldier and incident are being handled internally," CBS affiliate WWL reported.
Kouri Richins allegedly poisoned her husband Eric by putting a fatal dose of fentanyl in his drink, leading to his sudden death in 2022.
CBS News medical contributor Dr. Céline Gounder said the results of the study on coffee drinkers having lower risk of dementia should be taken "with a massive grain of salt."
A Maryland mother is planning to self-deport after she was taken into ICE custody, causing her to miss her son's death.
Tax refunds will be bigger this year because of the big, beautiful bill" act, with higher-income households set to reap the biggest checks.
Justice Department files on Jeffrey Epstein released recently show Commerce Secretary Howard Lutnick and Jeffrey Epstein had a closer relationship than Lutnick has previously stated.
A National Guard spokesperson said the weapon was returned to the Louisiana National Guard "and the soldier and incident are being handled internally," CBS affiliate WWL reported.
FBI Director Kash Patel posted videos of a person outside the home of Nancy Guthrie, the mother of Savannah Guthrie, on the morning of her disappearance.
Ketanji Brown Jackson told "CBS Mornings" that the justices "have learned how to adapt to being in an environment with people who have very strongly held but different views."
Tax refunds will be bigger this year because of the big, beautiful bill" act, with higher-income households set to reap the biggest checks.
The Vatican Bank said the new indexes are "designed to serve as a reference for Catholic investments worldwide."
Instagram's parent company Meta and Google's YouTube dispute claims that their platforms deliberately addict and harm children.
ChatGPT will clearly distinguish between ads and answers to user prompts on the AI platform, according to OpenAI.
Taming runaway U.S. beef prices will require more than stepping up imports, economists said. Here's the key to cutting costs.
Justice Department files on Jeffrey Epstein released recently show Commerce Secretary Howard Lutnick and Jeffrey Epstein had a closer relationship than Lutnick has previously stated.
Former Rep. Tom Malinowski has conceded the New Jersey special election to fill Gov. Mikie Sherrill's congressional seat.
Ketanji Brown Jackson told "CBS Mornings" that the justices "have learned how to adapt to being in an environment with people who have very strongly held but different views."
The new document revealed that the FBI's investigation was initiated following a referral from an attorney who worked to overturn the election results in 2020.
The Trump administration has filed lawsuits against 24 states in an effort to obtain their voter rolls.
CBS News medical contributor Dr. Céline Gounder said the results of the study on coffee drinkers having lower risk of dementia should be taken "with a massive grain of salt."
The Marshall Project found more than 70,000 cases referred to law enforcement over allegations of substance use during pregnancy — and that's a significant undercount.
Experts say Affordable Care Act sign-up data won't be clear until people who were enrolled have paid — or not — their new, often much higher, premiums.
Ballad Health, the nation's largest state-sanctioned hospital monopoly, plans to rebuild Unicoi County Hospital in Tennessee on land that two climate modeling companies say is at risk of flooding.
Becca Valle, then 37, enrolled in a cutting-edge clinical trial after surgery removed an aggressive tumor from her brain.
Seamus Culleton says he's been held for 5 months in a "filthy" ICE detention camp despite a U.S. work permit and green card application.
A Canadian airline suspends flights to Cuba as U.S sanctions and Trump's tariff threats force Havana to warn carriers there's no way to refuel on the island.
Ben Ogden of Team USA won the silver medal in the cross-country sprint Tuesday at the Winter Olympics in Italy.
King Charles II says the royal family will support U.K. police as they look into a report that the monarch's brother Andrew shared secret info with Epstein.
The International Olympic Committee has barred a Ukrainian skeleton racer from wearing a helmet with images of fellow athletes killed in Russia's invasion.
Chappell Roan says she's left her talent agency after its CEO, Casey Wasserman, was named in files related to late convicted sex offender Jeffrey Epstein.
Just 30 seconds of highly coveted commercial airtime during the Super Bowl costs as much as $10 million, according to CBS News MoneyWatch. Bill Pearce, marketing faculty member at The University of California, Berkeley, joins to discuss some of the ads from Super Bowl LX.
Bad Bunny's historic Super Bowl halftime show included superstar surprise guests and a message of unity and cultural celebration. While many praised the performance, President Trump took to social media to criticize the show. CBS News political director Fin Gómez joins with analysis.
The Super Bowl is a football game, an entertainment spectacle, a global billboard and a crucible of American political discord. CBS News chief Washington correspondent Major Garrett explains.
Catherine O'Hara, known for her roles in "Home Alone," "Schitt's Creek" and "Beetlejuice," died on Jan. 30 at the age of 71.
The demands of the artificial intelligence boom may be causing shortages in other sectors that help boost the U.S. economy. Shira Ovide, a technology reporter for The Washington Post, joins CBS News with more.
Opening statements began in a landmark trial against Google and Meta on the apparent harms of social media platforms. CBS News' Jo Ling Kent reports.
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.
Instagram's parent company Meta and Google's YouTube dispute claims that their platforms deliberately addict and harm children.
Opening statements began Monday in Los Angeles in a landmark trial over alleged social media addiction in children. CBS News correspondent Carter Evans has the details.
After decades monitoring polar bears in Norway's far north, researchers say the animals have proven incredibly adaptable, but there are no guarantees for the future.
Dark matter doesn't absorb or give off light so scientists can't study it directly. But they can observe how its gravity warps and bends the star stuff around it.
"CBS Saturday Morning" learns more about Veronika, the clever cow who figured out multiple ways to scratch herself with a broom. It was the first time a cow was seen using a tool.
"Sunday Morning" looks back at historical events on this date.
The Dinosaur National Monument, which is located on the border between Colorado and Utah, was last excavated in 1924.
The FBI on Tuesday released new photos from Nancy Guthrie's Nest camera that show a masked person on her doorstep. CBS News' Andres Gutierrez and Anna Schecter have more.
New videos released by FBI Director Kash Patel on X show a masked, gloved person approaching Nancy Guthrie's door. CBS News senior coordinating producer Anna Schecter has more.
FBI Director Kash Patel released photos from Nancy Guthrie's Nest camera that show a masked person on her doorstep. CBS News reporter Andres Gutierrez and CBS News law enforcement contributor Rodney Harrison have the latest.
FBI Director Kash Patel posted on social media photos of a subject in the disappearance of Nancy Guthrie, Savannah Guthrie's mother. Tony Dokoupil anchored CBS News' special report.
FBI Director Kash Patel posted videos of a person outside the home of Nancy Guthrie, the mother of Savannah Guthrie, on the morning of her disappearance.
The new crew will replace four station fliers who returned to Earth ahead of schedule last month due to a medical issue.
NASA's first crewed moon mission in more than 50 years has been delayed until March at the earliest. During a routine dress rehearsal of the launch, persistent liquid hydrogen leaks were discovered in the Artemis II rocket. CBS News space consultant Bill Harwood breaks it down.
NASA plans to test the planned leak repair with a second dress rehearsal fueling test later this month.
NASA delayed the Artemis II moon rocket launch after a hydrogen leak was found during a wet dress rehearsal, the agency announced Tuesday. CBS News senior space consultant Bill Harwood has the latest.
A NASA mission is underway to map the heliosphere, which is a huge protective bubble around the solar system that was created by the sun.
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.
Top Homeland Security officials testified at a congressional hearing on Capitol Hill Tuesday about the Trump administration's controversial immigration crackdown in Minnesota. CBS News congressional correspondent Nikole Killion has more.
The Democratic Congressional Campaign Committee announced that it is targeting five additional seats, currently held by Republicans, for the 2026 midterm elections. CBS News political editorial producer Hunter Woodall has more details.
President Trump is threatening to block the opening of a bridge connecting Detroit and Canada until he says "the United States is fully compensated for everything we have given them." CBS News White House reporter Olivia Rinaldi has more.
The FBI on Tuesday released new photos from Nancy Guthrie's Nest camera that show a masked person on her doorstep. CBS News' Andres Gutierrez and Anna Schecter have more.
New videos released by FBI Director Kash Patel on X show a masked, gloved person approaching Nancy Guthrie's door. CBS News senior coordinating producer Anna Schecter has more.