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 lauds "very good meetings" as indirect U.S.-Iran talks resume
Vance says the U.S. has accomplished its "core mission" in Iran, as Steve Witkoff and Jared Kushner meet mediators in Qatar, but not Iranians.
One NYC neighborhood has dozens of adult daycares. Now the feds have questions.
Investigations are underway into possible fraudulent activity at some of these kinds of facilities across New York, CBS News has learned.
More than 1,000 cases under review after Broadview Six misconduct revelations
More than 1,000 grand jury presentations are under review after charges were dismissed in the "Broadview Six" case due to grand jury abuses and prosecutorial misconduct, Chicago's top federal prosecutor said.
U.S. helicopter goes down in Arabian Sea, crew member missing, Navy says
The helicopter, which was assigned to the USS George H.W. Bush, is not believed to have been taken down by hostile action, the Navy said.
About 2,000 U.S. troops supporting relief efforts after Venezuela earthquakes
Almost 60,000 buildings may have been damaged or destroyed in Venezuela after two powerful earthquakes last week, according to a NASA satellite assessment.
2 people climb to top of NYC's Empire State Building, appear to get engaged
Two people climbed to the top of the Empire State Building's transmission tower, unfurled a banner, and then apparently got engaged Wednesday afternoon.
Former CIA Director Brennan sues DOJ, Trump officials over criminal probes
Brennan is seeking a court order to force the preservation of records in the investigations targeting him. His attorneys say he's being "vindictively singled out for investigation."
This July 4th could be hottest ever in parts of U.S.
Extremely dangerous heat, coupled with humidity, could result in heat index readings of 100 to 115 degrees from the Midwest to the East Coast, forecasters said.
Jaylen Brown reportedly traded from Celtics to 76ers
Jaylen Brown is done with the Boston Celtics. The Celtics have traded Brown to Philadelphia 76ers.
U.S.
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Couples are spending thousands more on weddings. Here's why.
Tariffs, inflation and changing consumer habits are reshaping how much Americans spend to tie the knot.
What is the "buy, borrow, die" tax strategy Gavin Newsom wants to ban?
As a proposed billionaire tax in California moves forward, Gov. Newsom says other approaches are needed, including closing a tax loophole used by the ultra-rich.
Former CIA Director John Brennan sues DOJ, Trump officials over criminal probes
Brennan is seeking a court order to force the preservation of records in the investigations targeting him. His attorneys say he's being "vindictively singled out for investigation."
U.S. says it won't extend key trade deal with Canada and Mexico
The United States-Mexico-Canada Agreement will remain in effect until it expires in 2036, unless the countries strike another deal to extend it.
U.S. helicopter goes down in Arabian Sea, crew member missing, Navy says
The helicopter, which was assigned to the USS George H.W. Bush, is not believed to have been taken down by hostile action, the Navy said.
MoneyWatch
More MoneyWatch
Couples are spending thousands more on weddings. Here's why.
Tariffs, inflation and changing consumer habits are reshaping how much Americans spend to tie the knot.
What is the "buy, borrow, die" tax strategy Gavin Newsom wants to ban?
As a proposed billionaire tax in California moves forward, Gov. Newsom says other approaches are needed, including closing a tax loophole used by the ultra-rich.
U.S. says it won't extend key trade deal with Canada and Mexico
The United States-Mexico-Canada Agreement will remain in effect until it expires in 2036, unless the countries strike another deal to extend it.
Sony to stop making physical discs for PlayStation starting in 2028
After January 2028, new games will be available exclusively in digital format from the PlayStation Store and at retailers, Sony said.
Anthropic says Trump admin. lifted restrictions on powerful Claude AI models
Artificial intelligence giant Anthropic says the federal government lifted a set of restrictions on its powerful Claude Fable 5 and Mythos 5 models, resolving a weekslong dispute.
Politics
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About 2,000 U.S. troops supporting relief efforts after Venezuela earthquakes
Almost 60,000 buildings may have been damaged or destroyed in Venezuela after two powerful earthquakes last week, according to a NASA satellite assessment.
One NYC neighborhood has dozens of adult daycares. Now the feds have questions.
Investigations are underway into possible fraudulent activity at some of these kinds of facilities across New York, CBS News has learned.
Former CIA Director John Brennan sues DOJ, Trump officials over criminal probes
Brennan is seeking a court order to force the preservation of records in the investigations targeting him. His attorneys say he's being "vindictively singled out for investigation."
More than 1,000 cases under review after Broadview Six misconduct revelations
More than 1,000 grand jury presentations are under review after charges were dismissed in the "Broadview Six" case due to grand jury abuses and prosecutorial misconduct, Chicago's top federal prosecutor said.
U.S. says it won't extend key trade deal with Canada and Mexico
The United States-Mexico-Canada Agreement will remain in effect until it expires in 2036, unless the countries strike another deal to extend it.
HealthWatch
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Actor Danny Glover reveals Alzheimer's diagnosis
Actor Danny Glover spoke about his Alzheimer's diagnosis in an interview with NBC's "Today" show, revealing that he has been living with the disease for several years.
Medicare to help pay for some GLP-1 drugs
Starting Wednesday, Medicare will help pay for some GLP-1 medications for weight loss. CBS News medical correspondent Dr. Celine Gounder explains what this means for patients.
New disease threats follow Trump administration's health program cuts
From screwworm to flesh-eating bacteria, mounting public health risks are emerging in the wake of deep cuts to federal health agencies and programs.
What is the viral trend looksmaxxing?
Looksmaxxing is a viral and controversial trend that encourages young men to maximize their appearance. Adam Yamaguchi shows why it's resonating with some people.
He dreamed of becoming a physician assistant. New loan rules may thwart him.
Starting July 1, the government will cap what graduate students may borrow in federal loans, forcing many toward private lenders with higher interest rates.
World
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About 2,000 U.S. troops supporting relief efforts after Venezuela earthquakes
Almost 60,000 buildings may have been damaged or destroyed in Venezuela after two powerful earthquakes last week, according to a NASA satellite assessment.
U.S. helicopter goes down in Arabian Sea, crew member missing, Navy says
The helicopter, which was assigned to the USS George H.W. Bush, is not believed to have been taken down by hostile action, the Navy said.
Dog pulled from rubble 5 days after Venezuela quakes, video shows
Dramatic video showed the moment a rescue team pulled a small dog from the rubble nearly a week after twin earthquakes devastated Venezuela.
How Iran could try to control the Strait of Hormuz — and profit from it
Some experts say the Strait of Hormuz will not return to its pre-war state, so what could the future of this vital shipping lane look like?
Live
Trump lauds "very good meetings" as indirect U.S.-Iran talks resume
Vance says the U.S. has accomplished its "core mission" in Iran, as Steve Witkoff and Jared Kushner meet mediators in Qatar, but not Iranians.
Entertainment
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Entertainment
CBS News journalists on Swift-Kelce wedding
Rumors are swirling about Taylor Swift and Travis Kelce tying the knot at Madison Square Garden. CBS News' Olivia Rinaldi and Gabrielle Ake, self-described Swifties, join "The Takeout" with the latest.
What we know about rumored Swift-Kelce wedding
Taylor Swift and Travis Kelce's wedding festivities are expected to begin Thursday, sources said. Crews have been spotted at Madison Square Garden in New York City unloading equipment ahead of the July Fourth weekend. Here's what we know so far.
Swift-Kelce wedding events taking shape
Taylor Swift and Travis Kelce's wedding events are set to begin in New York City, sources say. CBS News' Jo Ling Kent has the latest.
Sophia Bush, Jerry O'Connell on new comedy
Sophia Bush and Jerry O'Connell join CBS News 24/7 Mornings to discuss their new comedy, "Summer's Last Resort," which premieres on Tubi July 3.
Stars talk "Summer's Last Resort" comedy
Sophia Bush and Jerry O'Connell talk to "CBS Mornings" about starring in the coming-of-age comedy "Summer's Last Resort." Bush discusses what drew her to the project and says there was "never a dull day on set," while O'Connell reveals what his daughters thought about the film.
Technology
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Technology
Why U.S. initially restricted Anthropic AI models
The Trump administration has lifted export restrictions on Anthropic's most advanced artificial intelligence models, Fable and Mythos, after weeks of negotiations over national security concerns. CNET Editor-in-Chief David Katzmaier joins to discuss.
White House lifted AI limits, Anthropic says
Tech giant Anthropic says that the federal government has now removed restrictions from its robust Claude Fable 5 and Mythos 5 models. Axios reporter Madison Mills has more on artificial intelligence regulation.
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.
Sony to stop making physical discs for PlayStation starting in 2028
After January 2028, new games will be available exclusively in digital format from the PlayStation Store and at retailers, Sony said.
Consumers need protection from AI agents, lawmaker says
Sen. Mark Warner wants to create a federal registry of trusted AI agents and ensure autonomous bots operate like fiduciaries.
Science
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Science
NASA strives to save doomed telescope
NASA is in a race against time as the Swift Observatory telescope in orbit sinks closer to Earth. CBS News consultant William Harwood explains the $30 million salvage operation.
Fossil found in drawer turns out to be first dinosaur bone from Antarctica
Dinosaur fossils are rare to find in Antarctica because of the unforgiving ice caps. But millions of years ago, the region was populated by lush forests.
NASA prepares to launch rescue to save telescope from falling to Earth
The $30 million salvage operation gets underway as soon as this week with the planned launch of a robotic lifesaver.
Astronomers find 2 gigantic planets lighter than cotton candy
The featherweight pair — orbiting a star 1,110 light-years away — are the biggest exoplanets found to have less density than cotton candy.
Ancient Egyptian burial site reveals centuries of changing traditions
Human and animal remains unearthed in Egypt's Nile Delta reveal changing funerary practices over some 600 years, and the evolution of a key site itself.
Crime
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More than 1,000 cases under review after Broadview Six misconduct revelations
More than 1,000 grand jury presentations are under review after charges were dismissed in the "Broadview Six" case due to grand jury abuses and prosecutorial misconduct, Chicago's top federal prosecutor said.
Potential charges for Empire State Building climbers
Two people climbed to the top of the Empire State Building Wednesday and unfurled a banner before seemingly getting engaged. CBS News law enforcement contributor Rodney Harrison has more on what repercussions the couple could face.
Couple climbs Empire State Building: Details
Two people climbed to the top of the Empire State Building in New York City on Wednesday, unfurling a banner and appearing to get engaged. CBS News' Tom Hanson and Shanelle Kaul have more.
3 in custody after CBS News Chicago crew attacked near Adler Planetarium
During the incident, a reporter and photographer were approached by three men, one with a dog, before their news truck and gear were destroyed.
U.S. announces new bank alert targeting powerful drug cartel
Two men and nine companies are accused of being tied to a cartel-linked fuel theft ring intended to evade taxes while generating tens of millions of dollars annually.
Space
More Space
NASA astronauts operate on space station's broken robot arm
The orbital surgery on the International Space Station returned the Canadian-built robot arm to full health after its "wrist" joint failed last month.
NASA prepares to launch rescue to save telescope from falling to Earth
The $30 million salvage operation gets underway as soon as this week with the planned launch of a robotic lifesaver.
Astronomers find 2 gigantic planets lighter than cotton candy
The featherweight pair — orbiting a star 1,110 light-years away — are the biggest exoplanets found to have less density than cotton candy.
Telescope snaps most detailed photo yet of Milky Way's heart
Euclid is on a mission to chart one-third of the sky in the hopes of shedding light on the enduring mysteries of dark matter and dark energy.
Interstellar comet may be oldest object ever seen in solar system
Exactly where the comet 3I/ATLAS came from within the Milky Way remains a mystery.
Latest Galleries
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Celebrations at Obama Presidential Center
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
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.
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
6/27: CBS Weekend News
High winds and heat are fueling Utah's out-of-control wildfires; Iranian drones target Bahrain after U.S. strikes Iran.
U.S. prepares to take on Bosnia in World Cup
World Cup fever is in full swing in California, where the U.S. Men's National Team is preparing to take the field on Wednesday in its first knockout stage match of the tournament against Bosnia and Herzegovina. CBS News correspondent Nicole Valdes has more.
Democratic socialists and the Democrats' future
Democratic socialists celebrated yet another primary victory in Colorado on Wednesday. Newcomer Melat Kiros ended Congresswoman Diana DeGette's 30-year hold on the state's first congressional district. CBS News' Anthony Salvanto breaks it down.
Feds probe spending on social adult daycares
Dozens of Medicaid-funded social adult daycare centers are packed into one New York City neighborhood, a CBS News data analysis has found. And national investigative correspondent Tom Hanson learned federal authorities are looking into possible fraudulent activity at some facilities across New York state.
Trump speaks on financial disclosure release
President Trump claimed Wednesday he is not involved in his personal financial dealings. Disclosure forms released Tuesday revealed he made more than a billion dollars in cryptocurrency ventures last year. CBS News senior White House correspondent Weijia Jiang reports.