Potential Capital One, Discover merger
Shareholders for Capital One and Discover are voting on a proposed merger that could shift the credit card industry. CBS MoneyWatch correspondent Kelly O'Grady reports.
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Shareholders for Capital One and Discover are voting on a proposed merger that could shift the credit card industry. CBS MoneyWatch correspondent Kelly O'Grady reports.
President Trump signed a series of executive orders at Capitol One Arena in Washington, D.C., hours after his inauguration ceremony in front of a crowd of cheering supporters. Trump froze federal hiring, withdrew from the Paris Climate Agreement and more.
"Guess I'll be eating ramen again tonight," tweets one customer on third day of issues linked to a data-center power outage.
The CFPB is suing Capital One for allegedly misleading consumers about its offerings for high-interest savings accounts.
The partnership between the two companies has ended, but card-holders can still use their Capital One Walmart Rewards cards.
A potential merger between Capital One and Discover Financial Services is sparking antitrust concerns. The two firms are the fourth and sixth largest companies issuing credit cards to American consumers. Lucinda Shen, financial technology reporter for Axios, joins CBS News to discuss what the agreement could mean for consumers and the economy.
Capital One said it will buy Discover Financial Services for $35 billion, a deal that would bring two of the nation's biggest credit card companies together.
Capital One's $35 billion purchase of Discover would create a credit card and payments giant but is expected to draw heavy scrutiny from regulators and concern among consumer groups.
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.
The retail giant alleges the bank failed to meet the store's customer service standards over a 12-month period.
Bank of America is reducing its $35 overdraft fee to $10 and Capital One is offering free overdraft protection as U.S. banks come under pressure from federal regulators to cut those fees.
The move comes as regulators threaten to crack down on banks that rely too heavily on such penalties for revenue.
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Credit-card issuers are increasingly reducing credit limits because they're worried about the solvency of American consumers.
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Credit card issuer failed to protect customer data before moving some tech services to the cloud, regulator says.
More than 100 million Capital One credit card customers and applicants across the U.S. and Canada have been affected by a massive data breach. The company said a Seattle woman is under arrest. She is accused of stealing personal information from credit card applicants. Anna Werner reports.
Capital One worked with law enforcement officials to catch the suspect accused of hacking into the bank's system and accessing the personal financial details of more than 100 million Americans. CBS correspondent Anna Werner joins CBSN to explain what consumers need to know.
A hacker broke into Capital One and made off with enough personal information to steal the identities of more than 100 million people in the U.S. and Canada. Anna Werner explains who did it and how you can protect yourself.
Many Capital One customers were unable to access their funds on Friday as the bank experienced a widespread outage
Account holders hit a wall when they tried to access their accounts, but bank said it has solved the issue
The former Amazon software engineer accused of hacking Capital One is a flight risk, U.S. prosecutors said
Federal prosecutors said much of the data does not appear to contain personal identifying information
Lawmakers want to know how an alleged hacker accessed information for more than 100 million consumers
Locking down your credit reports is the best way to stop criminals from misusing your data — and it's free
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It is unclear under what circumstances President Trump would authorize the use of U.S. troops on the ground in Iran.
Border czar Tom Homan is expected back on Capitol Hill later Friday for bipartisan talks.
Chuck Norris' family said his death at 86 was sudden, but did not share any other information.
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Two former Louisville police officers were facing civil rights charges in connection with the 2020 shooting death of Breonna Taylor.
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CBS News announced Friday that CBS News Radio will be shutting down this spring after nearly 100 years of broadcasting, citing "challenging economic realities."
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With gas closing in on $4 a gallon, the Trump administration is pulling multiple levers to tame energy prices. The results have been mixed.
Two former Louisville police officers were facing civil rights charges in connection with the 2020 shooting death of Breonna Taylor.
CBS News announced Friday that CBS News Radio will be shutting down this spring after nearly 100 years of broadcasting, citing "challenging economic realities."
Security lines are stretching up to 2 hours at some airports amid TSA staffing shortages. Here's how to check wait times before you leave.
With gas closing in on $4 a gallon, the Trump administration is pulling multiple levers to tame energy prices. The results have been mixed.
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Border czar Tom Homan is expected back on Capitol Hill later Friday for bipartisan talks.
Siamak Namazi, who was released from Iran's Evin prison in 2023, said "it's important" that President Trump "hears that there are innocent Americans being held like we were as political pawns."
Two former Louisville police officers were facing civil rights charges in connection with the 2020 shooting death of Breonna Taylor.
It is unclear under what circumstances President Trump would authorize the use of U.S. troops on the ground in Iran.
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Siamak Namazi, who was released from Iran's Evin prison in 2023, said "it's important" that President Trump "hears that there are innocent Americans being held like we were as political pawns."
With gas closing in on $4 a gallon, the Trump administration is pulling multiple levers to tame energy prices. The results have been mixed.
It is unclear under what circumstances President Trump would authorize the use of U.S. troops on the ground in Iran.
Mexican President Claudia Sheinbaum on Friday condemned the deaths of three Mexican nationals in ICE custody this year.
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CBS News announced Friday that CBS News Radio will be shutting down this spring after nearly 100 years of broadcasting, citing "challenging economic realities."
Bodycam video footage of Justin Timberlake's June 2024 DWI arrest on Long Island will be released to the media with redactions, court records show.
Action star Chuck Norris has died at age 86, his family announced Friday. CBS News' Mugo Odigwe reports.
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Chuck Norris' family said his death at 86 was sudden, but did not share any details on the cause.
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The song is that of a humpback whale and was recorded by scientists in March 1949 in Bermuda, researchers said.
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NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
Documents might help scientists shed light on unexplained phenomena and government secrets, experts said.
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NASA's huge Space Launch System rocket has been repaired and is ready for rollout back to the launch pad next week.
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Federal prosecutors in Miami subpoenaed former FBI Director James Comey as part of a probe into Obama-era intelligence officials, two sources familiar with the investigation tell CBS News. Jake Rosen reports.
Action star Chuck Norris has died at age 86, his family announced Friday. CBS News' Mugo Odigwe reports.