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 says he won't take Greenland by force as allies push back at Davos
President Trump told world leaders, CEOs and policymakers at the Davos economic forum that he wouldn't use force to take control of Greenland.
Supreme Court seems likely to let Lisa Cook keep job on Fed Board
President Trump moved to fire Lisa Cook from the Federal Reserve Board of Governors last August. Courts have so far allowed her to continue serving in her role while litigation continues.
Lawmakers intensify efforts to remove Trump's name from Kennedy Center
At least one federal lawsuit and two bills in Congress aim to strip President Trump's name from the exterior sign at the Kennedy Center.
Canada's leader Mark Carney says Trump is rupturing the world order
In his speech at the World Economic Forum in Davos, Canadian Prime Minister Mark Carney accused President Trump of rupturing the world order through economic coercion.
House Oversight voting on holding Clintons in contempt in Epstein probe
Republicans escalated the standoff with Bill and Hillary Clinton after they refused to appear in person before the committee.
Exclusive
2026 Songwriters Hall of Fame inductees revealed on "CBS Mornings"
The 2026 Songwriters Hall of Fame inductees were revealed on "CBS Mornings" on Wednesday. See the full list.
Prince Harry says U.K. tabloid court battle is "not just about me"
Prince Harry struck a combative tone as he testified in his lawsuit against the Daily Mail's publisher.
Synthetic drug ring busted in "largest-ever operation" of its kind
Authorities dismantled 24 industrial-scale labs and seized around 1,000 tons of chemicals used to make street drugs such as MDMA, amphetamine and meth.
Ford recalls some 119,000 vehicles due to engine block heater fire risk
Ford is recalling roughly 119,000 vehicles because their engine block heaters have a defect that increases the risk of fire, the National Highway Traffic Safety Administration says.
U.S.
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Ryanair CEO on Elon Musk: "I suspect he's a bigger idiot than me"
Budget airline Ryanair launches "big idiot" fare promotion after CEO Michael O'Leary and Elon Musk trade insults.
Supreme Court seems likely to let Lisa Cook keep job on Fed Board
President Trump moved to fire Lisa Cook from the Federal Reserve Board of Governors last August. Courts have so far allowed her to continue serving in her role while litigation continues.
Ford recalls some 119,000 vehicles due to engine block heater fire risk, NHTSA says
Ford is recalling roughly 119,000 vehicles because their engine block heaters have a defect that increases the risk of fire, the National Highway Traffic Safety Administration says.
Lawmakers intensify efforts to remove Trump's name from Kennedy Center
At least one federal lawsuit and two bills in Congress aim to strip President Trump's name from the exterior sign at the Kennedy Center.
These are the best places to work in 2026, according to Glassdoor
A car wash chain beat out bigger employers such as Google and Nvidia to take the top spot as the best place to work in 2026.
MoneyWatch
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Ryanair CEO on Elon Musk: "I suspect he's a bigger idiot than me"
Budget airline Ryanair launches "big idiot" fare promotion after CEO Michael O'Leary and Elon Musk trade insults.
Ford recalls some 119,000 vehicles due to engine block heater fire risk, NHTSA says
Ford is recalling roughly 119,000 vehicles because their engine block heaters have a defect that increases the risk of fire, the National Highway Traffic Safety Administration says.
Ex-flight attendant got hundreds of free flights posing as pilot, DOJ says
A former flight attendant for a Canadian airline posed as a commercial pilot and as a current flight attendant to obtain hundreds of free flights from U.S. airlines, authorities said.
These are the best places to work in 2026, according to Glassdoor
A car wash chain beat out bigger employers such as Google and Nvidia to take the top spot as the best place to work in 2026.
Trump's 10% credit card cap deadline is here. Will card companies comply?
President Trump called for a one-year 10% cap on credit card rates starting Jan. 20. Here's what credit card companies are doing.
Politics
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Supreme Court seems likely to let Lisa Cook keep job on Fed Board
President Trump moved to fire Lisa Cook from the Federal Reserve Board of Governors last August. Courts have so far allowed her to continue serving in her role while litigation continues.
Trump says he won't take Greenland by force as allies push back at Davos
President Trump told world leaders, CEOs and policymakers at the Davos economic forum that he wouldn't use force to take control of Greenland.
Lawmakers intensify efforts to remove Trump's name from Kennedy Center
At least one federal lawsuit and two bills in Congress aim to strip President Trump's name from the exterior sign at the Kennedy Center.
House Oversight voting on holding Clintons in contempt in Epstein probe
Republicans escalated the standoff with Bill and Hillary Clinton after they refused to appear in person before the committee.
Air Force One headed to Davos turns around after "minor electrical issue," Leavitt says
After returning to Joint Base Andrews, President Trump departed for Davos about one hour later aboard a second aircraft.
HealthWatch
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Measles cases surge in South Carolina as U.S. risks elimination status
An infectious disease physician and former CDC official said he does not "have faith" that the U.S. is "handling measles very well."
Tylenol not linked to autism, new study shows
A review of studies published in The Lancet found no link between acetaminophen use during pregnancy and autism, contradicting the Trump administration's recent claims.
Woman gets her life back after rare transplant: "Prepared for the worst"
Lacy Cornelius Boyd needed IV nutrition and an ileostomy bag after a devastating car crash. A rare transplant was her only option.
Study finds no link between Tylenol and autism
A new analysis of dozens of peer-reviewed medical studies found no link between the use of Tylenol during pregnancy and diagnoses of autism, ADHD or intellectual disabilities in children.
New study: Tylenol in pregnancy is not linked to autism or ADHD
"It's as definitive as we're going to get," CBS News medical contributor Dr. Céline Gounder said of the new research, which found no connection between Tylenol and autism or ADHD.
World
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World is entering era of "water bankruptcy," U.N. report warns
Water sources are being depleted faster than they can be restored, according to a new report from United Nations researchers.
World's oldest cave art — the outline of a hand — found in Indonesia
The fingers of one of the hands were "retouched to become pointed like claws," the study's co-author said.
Prince Harry says U.K. tabloid court battle is "not just about me"
Prince Harry struck a combative tone as he testified in his lawsuit against the Daily Mail's publisher.
Canada's leader Mark Carney says Trump is rupturing the world order
In his speech at the World Economic Forum in Davos, Canadian Prime Minister Mark Carney accused President Trump of rupturing the world order through economic coercion.
Synthetic drug ring busted in "largest-ever operation" of its kind
Authorities dismantled 24 industrial-scale labs and seized around 1,000 tons of chemicals used to make street drugs such as MDMA, amphetamine and meth.
Entertainment
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Prince Harry says U.K. tabloid court battle is "not just about me"
Prince Harry struck a combative tone as he testified in his lawsuit against the Daily Mail's publisher.
Judge releases Busfield as he awaits trial
An Albuquerque judge denied the state's request to detain actor Timothy Busfield while he awaits trial. Busfield, who has denied the allegations, is accused of inappropriately touching two young boys while directing the TV series, "The Cleaning Lady."
David Beckham responds amid family feud
Brooklyn Beckham, the oldest son of David and Victoria Beckham, accused his parents in a social media statement of trying to undermine his marriage and of valuing "public promotion" over family. David Beckham acknowledged the allegations and responded, saying, "they make mistakes. Children are allowed to make mistakes." Adriana Diaz has more.
Songwriters Hall of Fame inductees announced
"CBS Mornings" exclusively announces the newest inductees to the Songwriters Hall of Fame. Anthony Mason reports.
Exclusive
2026 Songwriters Hall of Fame inductees revealed on "CBS Mornings"
The 2026 Songwriters Hall of Fame inductees were revealed on "CBS Mornings" on Wednesday. See the full list.
Technology
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Technology
Nonprofit helps to cut down on screen time
On average, young people between the ages of 8 and 18 spend about 7.5 hours a day on their screens, not including school work. A growing nonprofit is trying to change that alarming trend. The Balance Project focuses on delaying the use of smartphones for kids and encouraging more time with friends and independent play outside. Meg Oliver shows how.
Almanac: January 18
"Sunday Morning" looks back at historical events on this date.
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.
Palantir develops app to help ICE: 404 Media
A new investigative report by 404 Media says ICE agents have a new high-tech way to zero in on neighborhoods to raid. The report says it's an app called Elite, powered by Palantir. Joseph Cox, an investigative journalist at 404 Media, discusses his reporting on CBS News.
OpenAI to start testing ads on ChatGPT in the coming weeks
The ads will appear at the bottom of the chat window on the free and low-subscription versions of ChatGPT, OpenAI said Friday in a blog post.
Science
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Science
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.
Dogs can learn by eavesdropping: study
Have you ever wondered if your dog is eavesdropping on you? A new study published in the Journal of Science found that some dogs are not only listening, but are also learning words. Lead scientist Dr. Shany Dror joins CBS News to discuss.
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.
Crime
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Crime
Judge releases Busfield as he awaits trial
An Albuquerque judge denied the state's request to detain actor Timothy Busfield while he awaits trial. Busfield, who has denied the allegations, is accused of inappropriately touching two young boys while directing the TV series, "The Cleaning Lady."
Trump admits ICE may make mistakes
President Trump commented on ICE raids in the U.S. as the Justice Department served subpoenas for multiple Democratic officials in Minnesota. CBS News' Camilo Montoya-Galvez reports.
Suspect in "Colonial Parkway murders" linked to more cold-case killings
The suspect in the "Colonial Parkway murders" that shook Virginia in the 1980s has been linked to 2 more of the killings, investigators announced.
Synthetic drug ring busted in "largest-ever operation" of its kind
Authorities dismantled 24 industrial-scale labs and seized around 1,000 tons of chemicals used to make street drugs such as MDMA, amphetamine and meth.
Actor used reputation as medicine man to prey on women, prosecutors say
Nathan Chasing Horse's defense attorney said prosecutors would present no evidence of the allegations, including no DNA evidence or eyewitnesses.
Space
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Space
More on Virgin Galactic all-female space crew
Virgin Galactic is sending its first all-female crew to space. Kellie Gerardi, who is leading the crew, joins "CBS News 24/7 Mornings" to discuss the goals of the mission.
NASA's Artemis II mission clears big hurdle
Inch by inch, NASA's Artemis II moon rocket lumbered along its four-mile commute from the Vehicle Assembly Building to launch pad 39-B. Mark Strassmann is at the Kennedy Space Center in Florida with more.
NASA hauls Artemis II moon rocket to launch pad for February flight
Four Artemis II astronauts plan to fly around the moon and back next month, traveling farther from Earth than any humans before them.
NASA begins Artemis II rollout to launchpad
NASA is beginning its rollout of its Space Launch System rocket and Orion spacecraft as preparations for the Artemis II mission enter their final stage.
NASA moon rocket ready for trip to launch pad
Depending on the timing, NASA could launch a fresh crew to the space station while four other astronauts are flying around the moon.
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
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Latest CBS News Videos
Trump meets with NATO Secretary Gen. Rutte
President Trump briefly took questions Wednesday ahead of a meeting with NATO Secretary Gen. Mark Rutte. Greenland was the primary topic.
Watch: Carney speaks at World Economic Forum
Canadian Prime Minister Mark Carney warned, "We are in the midst of a repture, not a transition," in his speech at the World Economic Forum in Davos, Switzerland. "The middle powers must act together, because if we're not at the table, we're on the menu," Carney said. Watch a portion of his remarks.
Hearing on Lisa Cook sparks concern over Fed
The Supreme Court heard arguments Wednesday over the Trump administration's desire to oust Fed Governor Lisa Cook, which sparked concern over the Federal Reserve's independence. CBS News' Katrina Kaufman has the latest.
CA shooting reported involving federal agent
A shooting in Willowbrook, California, near Los Angeles, reportedly involved a federal immigration agent. CBS News Los Angeles' Rick Montanez has more.
Breaking down Trump's remarks in Davos
President Trump addressed global leaders on Wednesday at the World Economic Forum in Davos, Switzerland. CBS News senior White House reporter Jennifer Jacobs has more.