Here's why you spend more with mobile payment services like Apple Pay
Tools like Apple Pay make it easier for consumers to spend more than they want, research shows.
Apple Pay
Apple launches savings account with 4.15% interest rate
Apple announced a new way for Apple Card users to grow their Daily Cash rewards using a savings account from Goldman Sachs.
Hesitance with cashless payment processing
A recent report from Business News Daily found that more than 40% of American businesses only accept cash. Ted Rossman, senior industry analyst at Bankrate, joined CBS News to look at why so many businesses are resistant to accepting credit cards and digital payment methods.
More Americans opting to "buy now, pay later"
To compensate for higher costs of living, more Americans are resorting to "buy now, pay later" plans, and regulations have not kept up with the new digital offerings. Finance reporter Ken Sweet from The Associated Press joins CBS News to discuss the risks for consumers.
Apple releases iOS 11
From a smarter Siri to a new Apple Pay method and a "Do Not Disturb" feature to help end distracted driving, these are just some new features of Apple's iOS 11.
Jill Wagner debriefs on the latest business headlines
Jill Wagner debriefs on the latest business headlines. The month of May saw more new jobs than expected, but the unemployment rate also went up. Also, why the drought is drying up profits and some big news for Apple Pay.
Apple is defending its Apple Pay service, saying that hackers are only exploiting their product after obtaining stolen credit card data
Apple is defending its Apple Pay service, saying that hackers are only exploiting their product after obtaining stolen credit card data. CNET's Jeff Bakalar joins CBSN with more on how thieves are making fraudulent purchases.
Banks report rampant fraud linked to the 5-month-old service used by millions of Americans to make purchases
Apple's new mobile payment system, Apple Pay, is under threat from criminals. Banks report rampant fraud linked to the 5-month-old service used by millions of Americans to make purchases. New Yorker magazine's digital expert Nicholas Thompson joins "CBS This Morning" to discuss the problem.
Samsung is going after Apple Pay, and the company has bought a mobile payment start-up company
Samsung is going after Apple Pay. The company has bought a mobile payment start-up company. CNET's Bridget Carey joins CBSN with more on how it may be easier to use than Apple's product.
Scott Stein, senior editor at CNET, joins "CBS This Morning" to discuss whether Apple Pay's launch has been successful
Scott Stein, senior editor at CNET, joins "CBS This Morning" to discuss whether Apple Pay's launch has been successful.
CNET's senior editor Sharon Profis joins "CBS This Morning" to discuss the digital wallet
The tech giant lauched "Apple Pay," a new system for buying everyday items using an iPhone. CNET's senior editor Sharon Profis joins "CBS This Morning" to discuss the digital wallet.
Apple says its new mobile payment system, Apple Pay, is convenient and secure, but will it win over consumers?
Apple says its new mobile payment system, Apple Pay, is convenient and secure, but will it win over consumers? CNET's Kara Tusboi reports.
Wendy Gillette reports on the day's top MoneyWatch headlines
Apple Pay, the new digital wallet technology available on iPhone 6 and 6 Plus models, debuts Monday in thousands of stores across the country. Also, IBM is expected to change its microchip manufacturer. Wendy Gillette reports on the day's top MoneyWatch headlinesApple Pay, the new digital wallet technology available on iPhone 6 and 6 Plus models, debuts Monday in thousands of stores across the country. Also, IBM is expected to change its microchip manufacturer. Wendy Gillette reports on the day's top MoneyWatch headlines.
CEO Tim Cook discussed the "Apple Pay" feature on Charlie Rose's PBS program
Apple received more than 4 million pre-orders of the iPhone 6 and iPhone 6 Plus in the first 24 hours. CEO Tim Cook discussed the "Apple Pay" feature on Charlie Rose's PBS program.
If Apple Pay works well, it could change the way we shop
Apple isn't the first company to offer a way to pay without fishing out your wallet. Google Wallet and PayPal beat Apple to market by years. But if Apple Pay works well, it could change the way we shop. CNET's Sumi Das reports.
Apple's Eddy Cue explains the new mobile payment service built-in to every iPhone 6 and iPhone 6 Plus
Apple's Eddy Cue explains the new mobile payment service built-in to every iPhone 6 and iPhone 6 Plus.
Does Goldman's online bank Marcus have an Apple Card issue?
Investment bank's consumer platform has a loan-approval method that some experts say can discriminate against women
Salvation Army debuts cashless "Kettle Pay" option
Shoppers with phone payment apps can "bump" those signature red kettles to make cashless contributions
Can Apple Card really disrupt the credit card market?
Apple says it does things no other card can, but industry experts say it offers few compelling differences
Apple unveils TV streaming platform
Apple unveiled its new streaming platform, Apple TV+, at an event Monday. The tech giant will produce original content to compete with sites like Netflix and Hulu. Updates to Apple services including the App Store, Apple Pay and iNews were also announced. CBS News' Jamie Yuccas attended the event at the Apple headquarters in Cupertino, California, and joins CBSN with the latest.
Critics say cashless retailers penalize the poor
Lawmakers want to require retailers to accept cash to make sure even those who are unbanked get served
Apple, Goldman Sachs credit card
Apple and Goldman Sachs are reportedly teaming up to launch a joint credit card. That's according to the Wall Street Journal, which says the card could be introduced as early as next year. WSJ reporter Liz Hoffman joins CBSN to discuss what this could mean for customers.
More ways you can use ATMs with your smartphone
Banks like Chase, Wells Fargo and Bank of America are adding new smartphone options to get money from ATMs
Apple Pay expands as it vies for broader acceptance
Payment service faces growing competition and some challenges before it becomes as commonplace as plastic cards
Is Apple making its own version of Venmo?
The company is reportedly working on a person-to-person mobile payment system
Trump briefed on new options for military strikes in Iran, source says
President Trump warned Friday that if the Iranian government began "killing people like they have in the past, we would get involved."
Justice Dept. served subpoenas to Fed, Powell says
The subpoenas threatened a criminal indictment related to Jerome Powell's testimony before the Senate Banking Committee in June 2025, according to the Fed chair.
U.S. officials to meet with Danish officials Wednesday about Greenland, sources say
Trump administration officials are set to meet with Danish officials about Greenland on Wednesday, diplomatic sources tell CBS News.
Who won Golden Globes for 2026? See the full winners list here
The 2026 Golden Globes honored the standouts in both film and television from last year. See the full list of winners and nominees.
Iran threatens protesters, U.S. troops in region, as unrest continues
As activists say Iran's anti-government unrest has seen at least 538 people killed, the nation's rulers threaten protesters and U.S. forces across the Mideast.
Omar says federal probe into Minnesota fraud is "creating confusion and chaos"
Democratic Rep. Ilhan Omar denounced a surge of federal agents to Minneapolis targeting Somalis and other immigrants after a fraud scheme in the state.
Justice Department has scrapped its "Peacemakers" office
In the civil rights era, the agency formed its Community Relations Service, a group of dozens of federal specialists who were informally referred to as "America's peacemaker."
Trump warns Cuba to make a "deal" on oil after Maduro ouster
President Trump on Saturday announced that Venezuela has "started the process" of releasing its political prisoners.
3 inmates dead, 12 hurt after "major fights" at Georgia prison, authorities say
A disturbance at a prison in northern Georgia Sunday afternoon left three inmates dead and 12 more injured along with a guard, authorities say.
U.S.
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3 inmates dead, 12 hurt after "major fights" at Georgia prison, authorities say
A disturbance at a prison in northern Georgia Sunday afternoon left three inmates dead and 12 more injured along with a guard, authorities say.
Most memorable moments from the 2026 Golden Globes
From historic wins to powerful speeches, here are the highlights and most memorable moments from the 2026 Golden Globes.
Justice Dept. served subpoenas to the Fed, Powell says
The subpoenas threatened a criminal indictment related to Jerome Powell's testimony before the Senate Banking Committee in June 2025, according to the Fed chair.
U.S. officials to meet with Danish officials Wednesday about Greenland, sources say
Trump administration officials are set to meet with Danish officials about Greenland on Wednesday, diplomatic sources tell CBS News.
Omar says it is "not acceptable" to make early judgments on Minneapolis shooting
"If they're saying we shouldn't believe our eyes, then let the investigation take place before you characterize this mother of three as a domestic terrorist," Rep. Ilhan Omar said on "Face the Nation with Margaret Brennan."
MoneyWatch
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Trump urges credit card companies to slash interest rates to 10% for one year
President Trump called for a one-year cap on credit card interest rates late Friday, an idea that has drawn strong support from lawmakers in both parties but pushback from card issuers.
Looking for a job? Here are the best U.S. cities to find openings.
Midsize cities like Pittsburgh and Columbia, South Carolina, offer some of the best employment prospects, analysis finds.
Trump posted some U.S. jobs data the before its official release
The White House said it will review its protocols for releasing economic data after President Trump's "inadvertent public disclosure."
Some Americans say they'll go without health insurance as ACA rates spike
After the ACA tax credit lapsed in December, enrollees are opting for less robust health plans or dropping coverage altogether.
Meta signs 3 deals for nuclear energy to power AI data centers
Facebook parent Meta has reached nuclear power deals with three companies as it continues to look for electricity sources for its artificial intelligence data centers.
Politics
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Justice Dept. served subpoenas to the Fed, Powell says
The subpoenas threatened a criminal indictment related to Jerome Powell's testimony before the Senate Banking Committee in June 2025, according to the Fed chair.
U.S. officials to meet with Danish officials Wednesday about Greenland, sources say
Trump administration officials are set to meet with Danish officials about Greenland on Wednesday, diplomatic sources tell CBS News.
Justice Department has scrapped its "Peacemakers" office
In the civil rights era, the agency formed its Community Relations Service, a group of dozens of federal specialists who were informally referred to as "America's peacemaker."
Omar says it is "not acceptable" to make early judgments on Minneapolis shooting
"If they're saying we shouldn't believe our eyes, then let the investigation take place before you characterize this mother of three as a domestic terrorist," Rep. Ilhan Omar said on "Face the Nation with Margaret Brennan."
Reference to Trump's impeachments removed from National Portrait Gallery
The wall text, which summarized Trump's first presidency and noted his 2024 comeback victory, was part of the museum's "American Presidents" exhibition.
HealthWatch
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HealthWatch
"Enough": Oprah Winfrey on her weight-loss lessons
Oprah Winfrey is one of the best-known, most-admired and successful people on the planet. But for years she seemed powerless to conquer her fluctuating weight problem … until new medications, and a new attitude about her weight, gave her a breakthrough, which she describes in "Enough," a new book she has co-written with Dr. Ania Jastreboff. They talk with Jane Pauley about an individual's genetically-influenced weight range, and how to reset it. Winfrey also relates the long road she traveled since she began her TV career in Nashville, facing sexism, racism, and comments about her weight.
State of denial: How insurance companies impact health care today
As millions of Americans struggle with paying for health care, doctors and health experts discuss how medical care is being eroded by insurers denying necessary tests and treatment, making it "more difficult to be healthy in the United States."
State of denial: Insurers' impact on health care
Millions of Americans are struggling with medical care – either unable to pay high premiums, burdened with high deductibles, or denied coverage for necessary tests and treatment by health insurance companies. Erin Moriarty of "48 Hours" talks with doctors and health experts about how medical care is being eroded by insurers motivated by profit. As one doctor says, insurance companies have "made it more difficult to be healthy in the United States."
Doctors thought he had cancer. An offhand suggestion led to a rare diagnosis.
Andy Provencher spent a year searching for the cause of his exhausting symptoms before a physician's assistant suggested a rare illness.
Some Americans say they'll go without health insurance as ACA rates spike
After the ACA tax credit lapsed in December, enrollees are opting for less robust health plans or dropping coverage altogether.
World
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U.S. officials to meet with Danish officials Wednesday about Greenland, sources say
Trump administration officials are set to meet with Danish officials about Greenland on Wednesday, diplomatic sources tell CBS News.
Human heads displayed at Ecuador tourist beach in warning to gangs
Images on social media showed five heads tied with ropes on two wooden posts at a popular whale watching destination in Ecuador's southwest.
Greenland conquest "would be disastrous," Sen. Tim Kaine says
"I think Congress will stop [President Trump', both Democrats and Republicans," Sen. Tim Kaine about any plans to take Greenland by military force.
Trump briefed on new options for military strikes in Iran, source says
President Trump appeared to lay out his red line of action on Friday when he warned that if the Iranian government began "killing people like they have in the past, we would get involved."
Transcript: Sen. Tim Kaine on "Face the Nation with Margaret Brennan," Jan. 11, 2026
The following is the transcript of the interview with Sen. Tim Kaine, Democrat of Virginia, that aired on "Face the Nation with Margaret Brennan" on Jan. 11, 2026.
Entertainment
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Most memorable moments from the 2026 Golden Globes
From historic wins to powerful speeches, here are the highlights and most memorable moments from the 2026 Golden Globes.
Who won Golden Globes for 2026? See the full winners list here
The 2026 Golden Globes honored the standouts in both film and television from last year. See the full list of winners and nominees.
Remembering the Grateful Dead's Bob Weir
Andres Gutierrez looks back at the life and career of Grateful Dead co-founder Bob Weir, who has died at 78.
Extended interview: Carrie Coon
In this web exclusive, actress Carrie Coon, star of the TV series "The Gilded Age" and "The White Lotus," talks with Jim Axelrod about her return to Broadway in the play "Bug," written by her husband, Tracy Letts. She also talks about the state of Broadway today.
Extended interview: Tracy Letts and Carrie Coon
In this web exclusive, actor and playwright Tracy Letts, and actress Carrie Coon, star of the TV series "The Gilded Age" and "The White Lotus," talk with Jim Axelrod about their marriage, and their collaboration in the new Broadway production of "Bug."
Technology
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Technology
How to outsmart cybercriminals and protect your data
In his new book "Spies, Lies, and Cybercrime," former FBI Counterintelligence Operative Eric O'Neill describes the art of outsmarting cybercriminals and protecting your data and wallet. O'Neill spoke with CBS News' Major Garrett about steps people can take to stay safe online.
Meta signs 3 deals for nuclear energy to power AI data centers
Facebook parent Meta has reached nuclear power deals with three companies as it continues to look for electricity sources for its artificial intelligence data centers.
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.
U.K. could ban X if platform can't "get a grip" on AI sexualized images
Britain's leader says all options on the table if Musk's X platform doesn't stop Grok AI tool being used to generate non-consensual sexualized images.
Privacy impact of Gmail tools driven by AI
Millions of Americans who use Gmail are getting a new package of tools, driven by artificial intelligence. Google says it's trying to make Gmail more like a personal assistant as it brings more of its Gemini AI to your inbox with three updates. The changes come with some privacy concerns. Jo Ling Kent explains.
Science
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Fossils found in cave shed light on where our species emerged
Fossilized bones and teeth dating to 773,000 years ago are providing a deeper understanding of the emergence of Homo sapiens.
The history and mystery of kissing
If you rang in the new year with a kiss, you took part in a tradition millions of years in the making. Scientists now say the origins of kissing go back much farther than most think. CBS News' Tina Kraus has more.
2025 was so hot it pushed Earth past critical climate change mark
2025 was the third hottest year on record and pushed Earth past a critical climate change mark, scientists say.
Major climate research center on Trump administration chopping block
The Trump administration intends to dismantle one of the world's leading climate research institutions, in Boulder, Colorado, over what it said were concerns about "climate alarmism."
Researchers capture video of rare polar bear adoption
The footage of a bear caring for an adopted cub was captured during the annual polar bear migration along the Western Hudson Bay in Churchill, Manitoba.
Crime
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3 inmates dead, 12 hurt after "major fights" at Georgia prison, authorities say
A disturbance at a prison in northern Georgia Sunday afternoon left three inmates dead and 12 more injured along with a guard, authorities say.
Arrest made in Ohio dentist murder mystery
Michael McKee, 39, is accused of shooting and killing his ex-wife, Monique, and her husband, Spencer Tepe. The couple was found dead in their Columbus, Ohio, home last month. Ali Bauman reports.
A young mom was near death from lead poisoning. Who was trying to kill her?
Hannah Pettey, 22, a married mother of two from Alabama, suffered debilitating pain and lost more than 45 pounds as her health rapidly declined. Doctors suspected either her mother or her husband were trying to poison her.
Cold case murder victim was a bridesmaid in killer's wedding
The investigation into the 1995 murder of Texas teacher Mary Catherine Edwards went cold for years. Advances in forensic science and tireless work by investigators would reveal the startling connection between the victim and her killer.
Chicago man arrested in murders of Ohio dentist and his wife, police say
Michael McKee is the ex-husband of Monique Tepe, according to court records obtained by CBS News. Tepe and her husband, Spencer, were shot and killed in Columbus on Dec. 30.
Space
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Astronaut says early return to Earth is "right call," but "bittersweet"
Mike Fincke thanked NASA for making crew health the agency's top priority.
NASA hopes to return Crew 11 to Earth next week over medical issue
NASA officials reported Thursday that an unidentified member of Crew 11 was dealing with "a medical situation" that would require the crew to return to Earth sooner than anticipated.
NASA cutting ISS mission short
Four crew members aboard the International Space Station will be brought home more than a month early in the coming days as NASA cuts its mission short due to health concerns. NASA says the ailing astronaut is stable and while it is not an emergency, weeks more in space are not in the best interest of their health.
ISS crew returning early due to medical issue
The crew at the International Space Station will return home early because of what NASA is calling a medical concern with a crew member. CBS News space consultant Bill Harwood has more details.
NASA postpones spacewalk for medical concerns
NASA on Thursday postponed a scheduled spacewalk on the International Space Station due to a "medical concern." CBS News space consultant Bill Harwood has more.
Latest Galleries
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Notable Deaths in 2025
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
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?
The life & near death of prizefighter Christy Salters-Martin
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
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
More Latest CBS News Videos
Latest CBS News Videos
Remembering the Grateful Dead's Bob Weir
Andres Gutierrez looks back at the life and career of Grateful Dead co-founder Bob Weir, who has died at 78.
Reporter remembers L.A. wildfire animal rescue
One year after the devastating L.A. wildfires, CBS Los Angeles' Jasmine Viel remembers when she and her photographer rushed in to help a woman desperate to save her pet chickens and ducks as flames closed in on her home.
Suspect in custody in Mississippi synagogue attack
A suspect is in custody after the oldest synagogue in Mississippi, and the only synagogue in the city of Jackson, was set on fire in a suspected arson attack. Shanelle Kaul has more.
Noem: More federal agents coming to Minnesota
Homeland Security Secretary Kristi Noem says hundreds more federal agents are being sent to Minnesota as protests continue there and across the country, demanding justice after an ICE agent shot and killed Renee Good. Nicole Sganga has more.
Sources: Trump briefed on Iran military options
President Trump has been briefed on new military options for a strike against Iran amid widespread protests and a government crackdown on communications for Iranians, a senior U.S. official tells CBS News. Willie James Inman has more.