Judge approves $425 million Capital One settlement. Here's what to know.
The settlement stems from claims Capital One paid lower interest on older savings accounts while offering higher rates on a similar product.
Capital One
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.
Trump signs flurry of Day 1 executive orders
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.
More Capital One customers report deposits not showing up in accounts
"Guess I'll be eating ramen again tonight," tweets one customer on third day of issues linked to a data-center power outage.
Capital One allegedly cheated customers out of $2 billion, CFPB says
The CFPB is suing Capital One for allegedly misleading consumers about its offerings for high-interest savings accounts.
Walmart ends credit card partnership with Capital One: What to know
The partnership between the two companies has ended, but card-holders can still use their Capital One Walmart Rewards cards.
Capital One-Discover merger: What to know
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 buys Discover
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 says it's buying Discover for $35 billion
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.
Are banks open on Veterans Day? Is the post office closed?
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.
Walmart sues Capital One to end credit card partnership early
The retail giant alleges the bank failed to meet the store's customer service standards over a 12-month period.
Two U.S. banks cut overdraft fees
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.
Capital One ends overdraft fees for customers
The move comes as regulators threaten to crack down on banks that rely too heavily on such penalties for revenue.
7/30: CBS Evening News
North Korea fires multiple projectiles, South Korean media says; 36 nurses pregnant at Kansas City hospital this year.
Capital One cuts credit limits as millions struggle with income cliff
Credit-card issuers are increasingly reducing credit limits because they're worried about the solvency of American consumers.
A new app is designed to keep drivers from getting distracted while behind the wheel and more MoneyWatch headlines
A new app is designed to keep drivers from getting distracted while behind the wheel. Samsung has launched an Android app called "Eyes on the Road." If you're driving 12 miles per hour or more, the app will hide all phone calls, texts, and social media notifications. Wendy Gillette has the latest MoneyWatch headlines.
Capital One to pay $80 million fine for massive 2019 hack
Credit card issuer failed to protect customer data before moving some tech services to the cloud, regulator says.
100M+ affected in Capital One data breach
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 data breach affects millions
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.
Capital One hack exposes identities of millions
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.
Capital One hit by another outage
Many Capital One customers were unable to access their funds on Friday as the bank experienced a widespread outage
Capital One suffers hours-long system outage
Account holders hit a wall when they tried to access their accounts, but bank said it has solved the issue
Capital One hacker should stay locked up, prosecutors say
The former Amazon software engineer accused of hacking Capital One is a flight risk, U.S. prosecutors said
Capital One hack suspect may have breached dozens of organizations
Federal prosecutors said much of the data does not appear to contain personal identifying information
Congress wants Capital One and Amazon to explain data breach
Lawmakers want to know how an alleged hacker accessed information for more than 100 million consumers
Live
Trump says "settlement" reached on Iran, signing could happen this weekend
President Trump said earlier Thursday he called off new military strikes on Iran, hours after threatening to escalate the war.
House rejects last-minute extension for key spy power amid Pulte uproar
The House on Thursday defeated a last-ditch effort to extend a key spy authority until early July.
Markings that appear to show "86 47" seen on National Mall
A photographer from the Reuters news outlet saw the apparent "86 47" markings from atop the Washington Monument.
Exclusive
U.S. monitoring Chinese activity in South China Sea around disputed shoal
Analysts are scrutinizing recent Chinese maritime operations near Scarborough Shoal, an uninhabited but strategically located atoll near the Philippine island of Luzon, U.S. officials said.
World Cup opening ceremony kicks off in Mexico with Shakira
The 2026 FIFA World Cup opening ceremony festivities got underway a little over an hour before the first kickoff in Mexico City's Estadio Azteca.
List of Belfast home addresses shared online amid anti-immigration riots
Northern Ireland police say they got calls from distressed Belfast residents as a list of home addresses circulated online amid anti-immigration riots.
Karmelo Anthony's family says "nobody wins" after murder verdict
Karmelo Anthony's mother Kala Hayes told CBS News that her son "didn't mean to hurt anyone" and "was defending himself" when he stabbed another student, Austin Metcalf.
Trump taps prosecutor Jay Clayton as next director of national intelligence
Jay Clayton is currently the U.S. Attorney for the Southern District of New York.
False alarm apparently triggered hazmat response at Pentagon, sources say
Multiple floors of the Pentagon were locked down for several hours Thursday morning and hazmat crews were deployed for what authorities had described as a "hazardous materials incident."
U.S.
More U.S.
Markings that appear to show "86 47" seen on National Mall
A photographer from the Reuters news outlet saw the apparent "86 47" markings from atop the Washington Monument.
Trump taps prosecutor Jay Clayton as next director of national intelligence
Jay Clayton is currently the U.S. Attorney for the Southern District of New York.
The World Cup will draw millions of fans, but economic payoff is modest
Although the five-week soccer tournament starting on Thursday is the largest sporting event ever, the U.S. economic gains are likely to be muted.
Exclusive
U.S. monitoring Chinese activity in South China Sea around disputed shoal
Analysts are scrutinizing recent Chinese maritime operations near Scarborough Shoal, an uninhabited but strategically located atoll near the Philippine island of Luzon, U.S. officials said.
Karmelo Anthony's family says "nobody wins" after murder verdict
Karmelo Anthony's mother Kala Hayes told CBS News that her son "didn't mean to hurt anyone" and "was defending himself" when he stabbed another student, Austin Metcalf.
MoneyWatch
More MoneyWatch
The World Cup will draw millions of fans, but economic payoff is modest
Although the five-week soccer tournament starting on Thursday is the largest sporting event ever, the U.S. economic gains are likely to be muted.
Wholesale prices see biggest spike since 2022 as energy costs climb
A surge in the Producer Price Index signals that businesses are paying more for goods and services, which could push up consumer costs.
GoPro under intense pressure from rising costs and competition
GoPro cameras have enabled the adventurous to record images of their experiences for nearly 25 years. But the company is under extreme pressure from intensifying competition, rising costs and more.
In a tough economy, many U.S. teachers forced to work second jobs
According to a recent survey, 71% of U.S. public school teachers said they work at least one second job.
America's birth rate has plunged. Are smartphones to blame?
The iPhone was introduced in 2007, the same year the U.S. birth rate started to slide. The issues could be linked, a new analysis finds.
Politics
More Politics
Markings that appear to show "86 47" seen on National Mall
A photographer from the Reuters news outlet saw the apparent "86 47" markings from atop the Washington Monument.
Trump taps prosecutor Jay Clayton as next director of national intelligence
Jay Clayton is currently the U.S. Attorney for the Southern District of New York.
Exclusive
U.S. monitoring Chinese activity in South China Sea around disputed shoal
Analysts are scrutinizing recent Chinese maritime operations near Scarborough Shoal, an uninhabited but strategically located atoll near the Philippine island of Luzon, U.S. officials said.
False alarm apparently triggered hazmat response at Pentagon, sources say
Multiple floors of the Pentagon were locked down for several hours Thursday morning and hazmat crews were deployed for what authorities had described as a "hazardous materials incident."
U.S. charges 3 for alleged smuggling conspiracy involving unaccompanied minors
The Justice Department announced it has charged three people in Ohio for conspiring to smuggle unaccompanied minors across the U.S. border.
HealthWatch
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HealthWatch
FDA approves new sunscreen ingredient
The FDA approved a new ingredient for sunscreen that's been in use in Europe for years. Dr. Jon LaPook has more details.
New sunscreen option wins FDA approval after years of delay
A sunscreen ingredient that's been available in Europe, Japan and South Korea for years has finally been approved by the FDA for sale in the U.S.
Safety concerns over weight loss drug
There's a new safety concern about doctors prescribing one experimental weight loss treatment, retatrutide, that hasn't even been FDA approved yet. Adam Yamaguchi reports.
How an experimental weight-loss drug is being openly promoted by physicians
Doctors are jumping the gun to prescribe a medication lacking FDA approval that has gone viral on social media. "Why are we waiting?" one physician asked.
The promises and pitfalls of GLP-1 drugs
Approved 20 years ago as a diabetes treatment, GLP-1 drugs have been found to help patients reduce weight, changing the lives of more than 30 million people in the U.S. But there also have been troubling side effects reported.
World
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World Cup opening ceremony kicks off in Mexico with Shakira
The 2026 FIFA World Cup opening ceremony festivities got underway a little over an hour before the first kickoff in Mexico City's Estadio Azteca.
Exclusive
U.S. monitoring Chinese activity in South China Sea around disputed shoal
Analysts are scrutinizing recent Chinese maritime operations near Scarborough Shoal, an uninhabited but strategically located atoll near the Philippine island of Luzon, U.S. officials said.
U.S. cruise passengers accused of assaulting police in Bahamas
Four police officers were injured, including one who was taken to the hospital, authorities said.
U.K. defense chief resigns, says military funding plan "falls well short"
U.K. Defense Secretary John Healey said the government's defense funding plan is not enough "at this dangerous time."
List of Belfast home addresses shared online amid anti-immigration riots
Northern Ireland police say they got calls from distressed Belfast residents as a list of home addresses circulated online amid anti-immigration riots.
Entertainment
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Entertainment
KISS on Songwriters Hall of Fame induction
KISS' Paul Stanley says it's an honor to be inducted into the Songwriters Hall of Fame along with his band member Gene Simmons. "This is what the American dream is about," Simmons tells "CBS Mornings."
2026 FIFA World Cup kicks off with Shakira at 1st of 3 opening ceremonies
With matches being played in 11 cities across the U.S., Mexico and Canada, fans are getting three World Cup opening ceremonies.
G Flip on song becoming a hit in "Off Campus"
Musician G Flip first rose to fame in Australia but has become a global star since their song "Bed of Fire" appeared in the series "Off Campus." They speak to "CBS Mornings" about how the song's popularity has impacted their music, family support and advice for young artists.
Amazon's best books of the year so far
Amazon Books editorial director Sarah Gelman joins "CBS Mornings" to reveal Amazon's best books of the year so far and why they made the list.
Pope Leo met with Bad Bunny in Spain
Pope Leo XIV met with music superstar Bad Bunny in Spain as the pontiff continues his multi-city tour. CBS News' Chris Livesay reports.
Technology
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Poll: Most believe extraterrestrial life exists – and some think it's already here
Many have watched recently released UFO videos, but most still think the government knows more than it is saying.
Diving into smart glasses' pros and cons
Major tech players are racing to put AI on your face, literally, with smart glasses. Ziad Asghar, senior vice president and general manager of XR, Wearables and Personal AI for Qualcomm, joins CBS News to discuss.
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.
America's birth rate has plunged. Are smartphones to blame?
The iPhone was introduced in 2007, the same year the U.S. birth rate started to slide. The issues could be linked, a new analysis finds.
OpenAI announces plan to go public
Last week, Anthropic, valued at almost a trillion dollars, filed to go public. Yesterday, its chief rival OpenAI confidentially filed for an initial public offering. Later this week, SpaceX is set to go public in what could be the largest IPO ever. Jon Krohn, the co-founder and CEO of Y Carrot, joins CBS News to discuss.
Science
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World's largest whale graveyard found by sub at bottom of ocean
The researchers saw many strange animals — many believed to be new to science — living off the whale carcasses.
NASA names 4 astronauts for next Artemis mission
NASA's Artemis III astronauts plan to carry out rendezvous and docking procedures with commercial moon landers being built by SpaceX and Blue Origin.
Great white shark captured on video in Mediterranean in rare sighting
Great white sharks are classified as "critically endangered" in the Mediterranean Sea, and underwater sightings are incredibly rare.
El Niño could bring more widespread coral bleaching, NOAA warns
The expected arrival of El Niño this summer could trigger another mass coral bleaching event, which would be the fifth on record, researchers said.
Scientists find yeast in frozen mummy's guts, use it to make bread
More than 5,300 years ago, Oetzi the Iceman was strolling through the Alps on the border of Austria and Italy when he was killed by an arrow in the back.
Crime
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Karmelo Anthony's family says "nobody wins" after murder verdict
Karmelo Anthony's mother Kala Hayes told CBS News that her son "didn't mean to hurt anyone" and "was defending himself" when he stabbed another student, Austin Metcalf.
U.S. cruise passengers accused of assaulting police in Bahamas
Four police officers were injured, including one who was taken to the hospital, authorities said.
Bill Gates grilled over Jeffrey Epstein ties
Microsoft co-founder Bill Gates spent hours before members of the House Oversight Committee on Wednesday testifying about his ties to convicted sex offender Jeffrey Epstein. CBS News' Nikole Killion reports.
Fugitive linked to cartel found hiding in bathroom of private jet
Officials found three passengers in the cabin and their suspect hiding in the lavatory, Bali immigration authorities said.
Karmelo Anthony's parents speak out
Karmelo Anthony's parents are speaking out after his murder conviction for Austin Metcalf's fatal stabbing at a Texas track meet. CBS News' Jonah Kaplan reports, and Caroline Polisi has more on the legal aspects of the case.
Space
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NASA chief defends choice of all-male crew for Artemis III mission
NASA's Jared Isaacman says the crew was selected solely based on their experience, expertise and availability for flight assignment.
NASA names 4 astronauts for next Artemis mission
NASA's Artemis III astronauts plan to carry out rendezvous and docking procedures with commercial moon landers being built by SpaceX and Blue Origin.
Space station crew briefly moves to "safe haven" amid concerns over leaks
Out of an abundance of caution, NASA briefly directed five of the seven crew members aboard the International Space Station to wait inside the docked SpaceX Crew Dragon "Freedom" spacecraft.
Sun erupts with 3 solar flares, raising chances of northern lights for U.S.
Three solar flares burst from the sun this week, raising the chances of seeing the northern lights for people across the United States.
NASA reluctantly gives up on lost orbiter: "Best Mars mission ever"
NASA officials said the $582 million MAVEN orbiter could not be recovered after a problem on the far side of Mars late last year, and that its extraordinarily successful mission was at an end.
Latest Galleries
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Notable Deaths in 2026
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Summer music highlights of 2026
Summer is the time to enjoy live music, indoors and out. Scroll through our gallery of some of 2026's leading musical acts, featuring images by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
Evidence in the Barbara Kendhammer case
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Timeline: The disappearance of George Smith
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Who is Alix Tichelman?
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Latest CBS News Videos
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Latest CBS News Videos
Trump on decision to cancel Iran strikes
President Trump on Thursday announced he was canceling planned strikes against Iran, citing progress on a potential peace deal. Mr. Trump spoke about the decision from the Oval Office.
World Cup begins today. Here's what to know.
Charlie Davies, a former player for the U.S. Men's National Team, joins CBS News with more insight as the 2026 FIFA World Cup begins.
What to know as Trump calls off Iran strikes
President Trump on Thursday announced he would cancel all planned strikes against Iran and said progress was being made on a potential peace deal. CBS News' Margaret Brennan and Courtney Kealy have more.
Trump taps Jay Clayton as intelligence chief
President Trump on Thursday announced he's nominating former SEC chairman and current U.S. Attorney for the Southern District of New York Jay Clayton to be the next director of national intelligence. CBS News congressional correspondent Caitlin Huey-Burns reports.
Will the SpaceX IPO soar or explode?
SpaceX goes public on Friday, with its initial public offering poised to make waves. Joe Ciolli, executive editor of the First Trade Newsletter at Business Insider, shares his market performance predictions for Elon Musk's aerospace company.