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
Bondi faces heated questions on handling of Epstein files at House hearing
Attorney General Pam Bondi faced contentious questioning from House Democrats about the Justice Department's handling of the Jeffrey Epstein files.
James Van Der Beek, "Dawson's Creek" star, dies at 48 after cancer diagnosis
"Dawson's Creek" and "Varsity Blues" star James Van Der Beek has died at 48 years old.
Live
Investigators in Guthrie search get over 4,000 calls to tip line in 24 hours
Nancy Guthrie, the mother of "Today" show co-host Savannah Guthrie, was reported missing on Feb. 1 and ransom notes were being investigated.
Airspace closure followed FAA, Pentagon spat over drone-related tests, sources say
Pentagon officials had undertaken planning to use military technology near Fort Bliss, in El Paso, to practice downing drones.
Madison Chock and Evan Bates claim silver in ice dance at 2026 Winter Olympics
Madison Chock and Evan Bates claimed a silver medal at the 2026 Winter Olympics on Wednesday following a stunning free dance routine.
9 killed, dozens injured in shootings at high school and home in Canada
The suspected shooter was found dead in the school from a "self-inflicted injury," Canadian police said.
Why ex-FBI agent thinks person in Nancy Guthrie video isn't a career criminal
A former FBI agent called the actions of the person seen in video at Nancy Guthrie's home "extremely amateurish."
House to vote on the SAVE America Act as GOP makes election bill push
The House is set to vote Wednesday on the SAVE America Act, which would implement strict new requirements for registering to vote and casting ballots.
Exclusive
Georgia army veteran deported after traffic stop speaks out on ICE detention
A Georgia Army veteran who spent nearly five decades in the United States was deported to Jamaica following a routine traffic stop.
U.S.
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Madison Chock and Evan Bates claim silver in ice dance at 2026 Winter Olympics
Madison Chock and Evan Bates claimed a silver medal at the 2026 Winter Olympics on Wednesday following a stunning free dance routine.
Some job-seekers are paying thousands of dollars just to land an interview
"Reverse recruitment" firms promise to cut the length of job searches in half and help connect candidates with employers.
Breezy Johnson has plans for her repaired gold medal
Team USA star skier Breezy Johnson talks with CBS News about her broken Olympic medal, a superstition, and what keeps her motivated on the slopes.
Stellantis issues "do not drive" warning for cars with unrepaired air bags
Stellantis is telling owners of the affected vehicles not to drive them until a potentially dangerous air bag is replaced. See which models are affected.
James Van Der Beek, "Dawson's Creek" star, dies at 48 after cancer diagnosis
"Dawson's Creek" and "Varsity Blues" star James Van Der Beek has died at 48 years old.
MoneyWatch
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Some job-seekers are paying thousands of dollars just to land an interview
"Reverse recruitment" firms promise to cut the length of job searches in half and help connect candidates with employers.
Stellantis issues "do not drive" warning for cars with unrepaired air bags
Stellantis is telling owners of the affected vehicles not to drive them until a potentially dangerous air bag is replaced. See which models are affected.
Dispute over Cardi B's Super Bowl cameo roils prediction markets
Cardi B appeared during Bad Bunny's halftime show at the Super Bowl, but one prediction market says it's unclear whether she sang.
TikTok to launch local feed that taps users' geolocation data
The social media platform changed its privacy policy last month, inviting users to allow it to track their specific location.
Data center building boom stirs pushback in state and local politics
The Trump administration is trying to supercharge the race to dominate artificial intelligence by fast-tracking federal permits for data centers, but some local homeowners are raising concerns.
Politics
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Lawyer for lawmaker in video to troops threatens suit after failed charges
An attorney for one of the lawmakers who appeared in a video telling members of the military to reject "illegal orders" demanded that the federal prosecutors preserve records for a potential suit.
McConnell released from hospital after weeklong stay for "flu-like symptoms"
"He is feeling better and will be working from home this week on the advice of his doctors," Sen. Mitch McConnell's spokesman said.
Airspace closure followed FAA, Pentagon spat over drone-related tests, sources say
Pentagon officials had undertaken planning to use military technology near Fort Bliss, in El Paso, to practice downing drones.
Data center building boom stirs pushback in state and local politics
The Trump administration is trying to supercharge the race to dominate artificial intelligence by fast-tracking federal permits for data centers, but some local homeowners are raising concerns.
House to vote on the SAVE America Act as GOP makes election bill push
The House is set to vote Wednesday on the SAVE America Act, which would implement strict new requirements for registering to vote and casting ballots.
HealthWatch
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Moderna says FDA refuses its application for new mRNA flu vaccine
The Food and Drug Administration is refusing to consider Moderna's application for a new flu vaccine made with mRNA technology, the company said.
What to know about a new study on coffee, tea and dementia risk
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."
Thousands of mothers were flagged to police over flawed drug tests at childbirth
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.
Obamacare sign-ups drop, but the extent won't be clear for months
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.
Hospital flooded by Hurricane Helene to be rebuilt in another flood plain
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.
World
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Breezy Johnson has plans for her repaired gold medal
Team USA star skier Breezy Johnson talks with CBS News about her broken Olympic medal, a superstition, and what keeps her motivated on the slopes.
Rules of mysterious ancient board game decoded by AI, scientists say
The aim of the "deceptively simple but thrilling strategy game" was to hunt and trap the opponent's pieces in as few moves as possible, scientists said.
Lindsey Vonn shares update after 3rd surgery: "I'm making progress"
The 41-year-old American came out of retirement to compete in the 2026 Winter Olympics and crashed seconds into her downhill race on Sunday.
Russia says again it will abide by lapsed weapons treaty if U.S. does
Moscow reiterates willingness to adhere to expired nuclear weapons treaty, "as long as the United States does not exceed the aforementioned limits."
How Team USA's Maxim Naumov carried his parents' legacy onto the ice
A close family friend tells CBS News about the Olympic dream Team USA skater Maxim Naumov shared with his parents, and how "he did it."
Entertainment
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Entertainment
Actor James Van Der Beek dies at 48
Actor James Van Der Beek, known for his roles in "Dawson's Creek," "Varsity Blues" and more, has died at the age of 48, according to his publicist and a post from his wife on social media.
James Van Der Beek, "Dawson's Creek" star, dies at 48 after cancer diagnosis
"Dawson's Creek" and "Varsity Blues" star James Van Der Beek has died at 48 years old.
New York Fashion Week begins
New York Fashion Week is underway, with designers debuting looks for the Fall/Winter 2026 season. Claire Sulmers, the editor-in-chief and founder of Fashion Bomb Daily, joins with more.
Chappell Roan leaves Wasserman talent agency after his mentions in Epstein files
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.
Analyzing best and worst Super Bowl LX ads
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.
Technology
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TikTok to launch local feed that taps users' geolocation data
The social media platform changed its privacy policy last month, inviting users to allow it to track their specific location.
Americans turn to AI for mental health advice
Millions of Americans are turning to AI for emotional therapy. A report in JAMA found about 13% of young people use AI chatbots for mental health advice. Dr. Sue Varma, a board-certified psychiatrist, explains what to know about safety, privacy and ethical standard concerns.
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.
AI tech boom causes shortages
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.
Social media companies face massive trial
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.
Science
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Scientists "quite surprised" to find one polar bear population thriving
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.
Mysterious dark matter seen in new map of distant galaxies
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.
Cow develops technique to scratch herself
"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.
Almanac: January 18
"Sunday Morning" looks back at historical events on this date.
Fossils found at Dinosaur National Monument, first excavation in 100 years
The Dinosaur National Monument, which is located on the border between Colorado and Utah, was last excavated in 1924.
Crime
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Crime
New details in Tumbler Ridge shooting
Police say a shooter killed at least nine people and injured dozens of others in shootings at a high school and a home in British Columbia, Canada. CBS News correspondent Shanelle Kaul has the latest.
Bitcoin's possible role in Nancy Guthrie case
A purported ransom note for Nancy Guthrie demanded payment in bitcoin. Ben Weiss, a crypto reporter for Fortune, joins with analysis.
Former FBI special agent on Guthrie case
Authorities released new surveillance video and photos showing a subject at Nancy Guthrie's doorstep the night she disappeared. Former FBI special agent Jeffrey Harp breaks down clues the new surveillance video reveals and discusses the latest on the investigation.
Lieu accuses Bondi of lying under oath
Democratic Rep. Ted Lieu of California accused Attorney General Pam Bondi of lying under oath about apparent evidence in the Epstein files released by the Justice Department that he says links President Trump to potential crimes.
Watch: Bondi on Don Lemon probe
Rep. Jim Jordan, a Republican from Ohio who chairs the House Judiciary Committee, asked Attorney General Pam Bondi about the Justice Department's probe into Don Lemon for his presence during a protest inside a church in Minneapolis. Jordan also asked Bondi about a potential probe into former CIA Director John Brennan surrounding allegations of Russian meddling in the 2016 campaign.
Space
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New space station crew eager for Wednesday launch
The new crew will replace four station fliers who returned to Earth ahead of schedule last month due to a medical issue.
What led NASA to delay Artemis II launch
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 hopes to fix Artemis II moon rocket leak with on-pad repair
NASA plans to test the planned leak repair with a second dress rehearsal fueling test later this month.
NASA delays Artemis II launch
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.
NASA begins mission to map the boundaries of our heliosphere
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.
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.
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
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Latest CBS News Videos
Trump says he wants more Iran nuclear talks
President Trump and Israeli Prime Minister Benjamin Netanyahu met at the White House on Wednesday to discuss Iran. CBS News senior White House correspondent Weijia Jiang reports.
Terence Crawford reflects on boxing journey
Terence "Bud" Crawford, one of boxing's all-time greats, reached the pinnacle of his sport before retiring in December. He speaks about what early experiences shaped him to become a future champion, and silencing his critics.
Sources: Spat led to El Paso airspace closure
Sources tell CBS News that the FAA briefly grounded all flights in El Paso, Texas, Wednesday due to disagreements with the Pentagon over drone-related tests. CBS News senior national security correspondent Charlie D'Agata has more.
New details in Tumbler Ridge shooting
Police say a shooter killed at least nine people and injured dozens of others in shootings at a high school and a home in British Columbia, Canada. CBS News correspondent Shanelle Kaul has the latest.
Combative Bondi hearing over Epstein files
Attorney General Pam Bondi faced tough questions from lawmakers on Wednesday over the Justice Department's handling of the Jeffrey Epstein files. CBS News congressional correspondent Nikole Killion joins with her takeaways.