Bank of America may introduce credit card with 10% APR
Facing pressure from President Trump, credit card issuers are exploring ways to ease borrowing costs.
Bank of America
Full interview: Brian Moynihan
Watch Margaret Brennan's full interview with Bank of America CEO Brian Moynihan, a portion of which aired on Dec. 28, 2025. Editor's note: This interview was recorded on Dec. 17, 2025.
Bank of America sued over alleged financial ties to Jeffrey Epstein
A new lawsuit alleges Bank of America profited from its dealings with convicted sex offender Jeffrey Epstein.
ATM fees are at a record high, study finds. Here's why.
ATM fees for out-of-network cash withdrawals average $4.86 nationwide — the highest on record, according to aBankrate survey.
Americans' confidence in finding a new job is crumbling
Americans' confidence in finding a new job fell to the lowest measure on record, new government survey shows.
Trump claims banks discriminate against conservatives through debanking
President Trump said two major banks turned down his business. Here's why conservatives are concerned with so-called debanking.
Bank of America report on consumer spending
A new report from Bank of America is showing signs of slowing consumer spending with people stocking up in anticipation of President Trump's tariff policies going into effect. David Tinsley, senior economist at the Bank of America Institute, joined CBS News to discuss the report.
Feds sue Zelle, alleging nation's biggest banks failed to stop fraud
Government watchdog claims Americans lost hundreds of millions to fraud related to the bank-operated mobile payments network.
Bank of America customers report outage, with some seeing $0 balances
Bank of America customers are reporting problems accessing their online accounts, according to DownDetector.
Bank of America raises U.S. minimum wage to $24 an hour
Bank of America is hiking its base pay starting next month and plans to further lift the company's minimum wage in 2025.
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.
Some bank customers still can't get their paychecks after deposit glitch
Customers with several big U.S. banks expressed frustration after their paychecks didn't show up in their accounts.
Brink's truck driver shot outside South Philadelphia bank
A Brink's truck driver was shot outside a Bank of America in South Philadelphia Thursday, police said.
Bank of America double charged customers
Bank of America was ordered to pay millions of dollars after regulators learned it had opened fake accounts, double charged customers and withheld credit card rewards.
Bank of America created sham customer accounts, regulators say
Wall Street bank will pay $250 million for opening fake accounts without customers' knowledge and hitting them with junk fees.
6/4: Face The Nation
This week on "Face the Nation," West Virginia's Democratic Sen. Joe Manchin and Louisiana Republican Garret Graves discuss what's next for the country after averting a debt crisis, plus Bank of America CEO Brian Moynihan on how brinkmanship impacts an ever-changing economy.
"Not good" to fight over debt limit
Bank of America CEO Brian Moynihan joined “Face the Nation” to discuss the economy after the nation averted a debt crisis.
Stock market steady after earnings reports
EMG Advisors CEO and lead portfolio manager Will McDonough spoke with CBS News' Lana Zak and Lilia Luciano about how investors are reacting to earnings reports from Goldman Sachs and some other major companies.
Specter of "too big to fail" still haunts the banking industry
Forced sale of a storied investment bank and lax U.S. financial rules are renewing concerns about the banking sector.
Top economist shares outlook for 2023
The U.S. saw solid gains in the labor market in December, but concerns about a possible recession still linger. Bank of America's chief economist Michael Gapen joins CBS News' Catherine Herridge with his economic forecast for 2023.
Bank of America economist: 2023 could be "difficult"
Michael Gapen, chief economist at Bank of America, says the U.S. "may be able to avoid" a recession in 2023, but it "could be a difficult year."
Bank of America CEO sees mild recession in 2023
Bank of America CEO Brian Moynihan says he expects a "shallow recession" over the next year.
Bank aims to address racial homeownership gap
Bank of America is offering zero-down-payment and zero-closing-cost mortgages in a push to address racial disparities in homeownership. CBS News' Tanya Rivero and Errol Barnett speak with Jun Zhu, non-resident fellow of housing finance policy at the Urban Institute, about how effective this program could be.
Americans think economy headed for recession
New polling reveals 81% of adult Americans think the economy will likely experience a recession this year. David Tinsley, a senior economist at the new Bank of America Institute, joins CBS News' Tanya Rivero and Meg Oliver to discuss the state of the economy.
High gas prices take toll on other spending
National average gas prices reached a new record high on Memorial Day at over $4.61 per gallon. In order to budget for higher prices at the pump, many Americans are cutting back on other spending. Bank of America Institute's senior economist David Tinsley explains the relationship between gas prices and consumer spending and which groups are making the biggest cutbacks.
Trump official refers New York AG Letitia James for prosecution again
A Trump administration official has made new criminal referrals against New York Attorney General Letitia James to federal prosecutors in Miami and Chicago.
Live
White House says Trump will "unleash hell" if Iran does not make deal
White House press secretary Karoline Leavitt said talks between Washington and Tehran were ongoing, hours after Iran's state media said the regime rejected proosals by the Trump administration.
Meta and YouTube found liable on all charges in social media trial
The verdict, which caps a weeks-long trial in Los Angeles, could set a legal precedent for similar allegations brought against social media companies.
CDC's acting chief promises a return to stability in a tumultuous moment
Dr. Jay Bhattacharya, head of the National Institutes of Health and interim leader of the Centers for Disease Control and Prevention, told staff a permanent CDC director could be nominated soon. "I know that it has been such a difficult year," he said.
Senate funding deal stalls as DHS shutdown grinds on
A potential deal to end the DHS shutdown has stalled on Capitol Hill after Senate Democrats made their latest counteroffer.
Exclusive
White House turns down Elon Musk's offer to pay TSA workers during DHS shutdown
In a post on X Saturday, Musk offered to pay the salaries of TSA workers during the DHS shutdown.
Exclusive
DHS watchdog warned of risks in airport shoes-off policy. The report got buried.
An internal watchdog report in the Department of Homeland Security identified serious vulnerabilities in TSA's screenings at airports nationwide.
DOJ reaches financial settlement with Michael Flynn
Former Trump national security official and right-wing activist Michael Flynn sued the Justice Department for $50 million, alleging wrongful prosecution during the first Trump administration.
LaGuardia pilots have complained about close calls for years: "Do something"
CBS News reviewed dozens of reports dating back three decades about New York's LaGuardia Airport.
U.S.
More U.S.
Wreckage of crashed Air Canada plane being cleared from LaGuardia Airport runway
Since Monday, much of the wreckage had remained on the tarmac, blocking access to one of LaGuardia's two runways at one of the country's busiest airports.
FEMA resumes disaster mitigation program following judge's order
FEMA will make $1 billion available for the BRIC program, which helps local governments harden against natural hazards like fires, floods, earthquakes and hurricanes.
Twin Cities residents missed work, school during Operation Metro Surge, survey finds
A survey of Minneapolis and St. Paul residents found the deployment of thousands of federal agents to their cities caused significant upheaval to their lives.
USPS to add temporary fuel surcharge for some postage prices
The U.S. Postal Service is raising some postage prices to help offset the federal agency's rising transportation costs as fuel prices surge.
Exclusive
White House turns down Elon Musk's offer to pay TSA workers during DHS shutdown
In a post on X Saturday, Musk offered to pay the salaries of TSA workers during the DHS shutdown.
MoneyWatch
More MoneyWatch
USPS to add temporary fuel surcharge for some postage prices
The U.S. Postal Service is raising some postage prices to help offset the federal agency's rising transportation costs as fuel prices surge.
$100,000 in Social Security benefits? New proposal would cap them.
With Social Security's trust fund sliding toward insolvency, one group wants to cap benefits for the wealthiest U.S. couples.
Trump waives summer gasoline regulations to ease fuel prices
Summer gasoline regulations will be waived for 20 days, and possibly longer to try to ease gas prices.
Meta and YouTube found liable on all charges in social media trial
The verdict, which caps a weeks-long trial in Los Angeles, could set a legal precedent for similar allegations brought against social media companies.
Record share of Americans carry credit card debt, can't pay off bills
About 111 million Americans are carrying credit card balances, a 17% increase in five years, new research shows.
Politics
More Politics
Trump says he doesn't call Iran conflict a "war" due to need for approval from Congress
President Trump suggested late Wednesday he's avoiding describing the military conflict with Iran as a "war" because of concerns around the fact that Congress hasn't authorized military force.
CDC's acting chief promises a return to stability in a tumultuous moment
Dr. Jay Bhattacharya, head of the National Institutes of Health and interim leader of the Centers for Disease Control and Prevention, told staff a permanent CDC director could be nominated soon. "I know that it has been such a difficult year," he said.
FEMA resumes disaster mitigation program following judge's order
FEMA will make $1 billion available for the BRIC program, which helps local governments harden against natural hazards like fires, floods, earthquakes and hurricanes.
Trump official refers New York AG Letitia James for prosecution again
A Trump administration official has made new criminal referrals against New York Attorney General Letitia James to federal prosecutors in Miami and Chicago for two cases of possible homeowner's insurance fraud, sources told CBS News.
Twin Cities residents missed work, school during Operation Metro Surge, survey finds
A survey of Minneapolis and St. Paul residents found the deployment of thousands of federal agents to their cities caused significant upheaval to their lives.
HealthWatch
More HealthWatch
CDC's acting chief promises a return to stability in a tumultuous moment
Dr. Jay Bhattacharya, head of the National Institutes of Health and interim leader of the Centers for Disease Control and Prevention, told staff a permanent CDC director could be nominated soon. "I know that it has been such a difficult year," he said.
FDA says billionaire's claims about cancer drug Anktiva are misleading
Federal health officials posted a warning about misleading statements by biotech billionaire Dr. Patrick Soon-Shiong about his company's bladder cancer drug Anktiva.
More parents are refusing routine newborn preventative care, study finds
Doctors fear that skepticism, fueled by anti-science sentiment and mistrust, is extending beyond vaccines to other proven, routine care.
Complex procedure saves officer with chest pain, heart condition
Transit Officer Paul DeGeorge thought his son was lying on him. Then he realized something much scarier was happening.
Judge blocks parts of RFK Jr.'s vaccine agenda, including revised schedule
A judge blocked a set of changes to the childhood vaccine schedule recommended by allies of Health and Human Services Secretary Robert F. Kennedy, dealing a setback to the Trump administration's efforts to overhaul federal vaccine policy.
World
More World
Trump says he doesn't call Iran conflict a "war" due to need for approval from Congress
President Trump suggested late Wednesday he's avoiding describing the military conflict with Iran as a "war" because of concerns around the fact that Congress hasn't authorized military force.
As Iran blocks the Strait of Hormuz, it's borrowing from Ukraine's playbook
Trump says Iran's navy is "gone," so how does it still have a chokehold on the Strait of Hormuz? Part of the answer may lie off Ukraine's Black Sea coast.
El Paso and LA among most polluted U.S. cities in 2025, report says
El Paso, Texas, and Los Angeles, California, had some of the worst air pollution in the U.S. last year, according to a new report.
Iranians who hoped war would bring change now say they feel "doomed"
Some Iranians who'd hoped for regime change say the realities of the U.S. and Israel's war have been a "rude awakening," and they just want it to stop.
2 NATO allies report drone impacts as Ukraine and Russia traded attacks
NATO members Estonia and Latvia say stray drones hit their territory amid one of Moscow's biggest assaults on Ukraine.
Entertainment
More Entertainment
Entertainment
New video of Taylor Frankie Paul arrest
A newly released video shows the police interactions with Taylor Frankie Paul in 2023 that led to charges, including domestic violence in the presence of a child. CBS News Shanelle Kaul has the latest.
"NCIS" star on show's 500th episode
Rocky Carroll, who has played the role of Director Leon Vance on "NCIS" for nearly two decades, joins to discuss the show's 500th episode, which aired Tuesday.
Rocky Carroll on major "NCIS" twist
(Alert: Spoilers ahead!) Actor Rocky Carroll, who has played beloved "NCIS" director Leon Vance for 18 season, talks with "CBS Mornings" about a shocking twist in the series in the show's 500th episode and what he would tell his younger self.
Makers of "The AI Doc" on tech's peril, promise
A new documentary examines the artificial intelligence boom and its potential risks to humanity, featuring interviews with top AI company CEOs and other experts. Co-director Charlie Tyrell and producer Ted Tremper join CBS News to discuss the making of the film, "The AI Doc: Or How I Became an Apocaloptimist."
Patrick Ball on medical drama "The Pitt"
"The Pitt" star Patrick Ball tells "CBS Mornings" he had been auditioning since 2013 and didn't think his acting dreams were "ever going to happen" when he was cast in the medical drama. He also opens up about how the series is personal for him.
Technology
More Technology
Technology
New Mexico attorney general on win over Meta
A Los Angeles jury ruled against Meta and Google on Wednesday, finding the companies liable for reports of damage done to young people by social media. That verdict came less than 24 hours after a similar ruling in New Mexico, where a jury found Meta violated state consumer protection law and endangered children. New Mexico attorney general Raúl Torrez joins "The Daily Report" to discuss.
Why regulating AI is so difficult
For years, governments have attempted to regulate new, emerging technologies on a global scale. Roland Fryer, a CBS News contributor and author of the Wall Street Journal op-ed "The Economics of Regulating AI," breaks it down.
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.
Breaking down verdict in social media trial
In a landmark social media trial, Meta and YouTube were found liable for creating products that led to addictive behavior. CBS News senior business and technology correspondent Jo Ling Kent has the details.
Meta, YouTube found liable in addiction trial
A Los Angeles jury has found Meta and YouTube liable in a first-of-its-kind lawsuit that alleged the platforms knowingly made their services addictive and harmful to minors. CBS News contributor Jessica Levinson has more on the verdict.
Science
More Science
600-year-old pinot noir grape seed found in medieval hospital
The seed reveals that people in France have been cultivating the popular variety of grape since at least the 1400s, scientists say.
Pit viper among new species discovered in cave in Cambodia
Researchers in Cambodia surveyed dozens of previously unexplored caves and found several species never seen before, including a pit viper that is still being studied.
How a fun nature app aids science
The iNaturalist cellphone app not only helps users identify plant, animal and insect species; it also provides invaluable data to scientists studying biodiversity, species decline, and habitat loss. It also provides opportunities for fun: David Pogue joins iNaturalist fan Martha Stewart in a "bioblitz" – a timed competition with other users to spot and ID species.
Discovery of 1949 whale recording could unlock mysteries of ocean
The song is that of a humpback whale and was recorded by scientists in March 1949 in Bermuda, researchers said.
Sea levels higher than thought due to "methodological blind spot," study says
A new study in the journal Nature says most sea level rise research may have underestimated coastal water heights by an average of 1 foot.
Crime
More Crime
Crime
New video of Taylor Frankie Paul arrest
A newly released video shows the police interactions with Taylor Frankie Paul in 2023 that led to charges, including domestic violence in the presence of a child. CBS News Shanelle Kaul has the latest.
Savannah Guthrie gives first interview since mom vanished: "It is unbearable"
Savannah Guthrie said her family is in agony as she made a tearful plea for someone "to do the right thing" nearly two months after Nancy Guthrie disappeared.
Wife of Hawaii doctor testifies at his trial
Arielle Konig testified that her husband, anesthesiologist Gerhardt Konig, attempted to stab her with a syringe, and when that failed she said he repeatedly bashed her head with a rock during a birthday hike one year ago. Gerhardt Konig has pleaded not guilty to the attempted murder of his wife. Matt Gutman reports.
Verdict in landmark trial against Meta
A jury in New Mexico found Meta, which operates Facebook and Instagram, misled users about safety and enabled child sexual exploitation on its platforms. A judge has ordered the tech giant to pay $375 million in civil damages. Meta says it will appeal the verdict.
Cold case murder of K-9 officer's wife could hinge on dog's cause of death
Paul Kovacich's defense team contends that long-suppressed evidence debunks claims that he killed his dog weeks before his wife disappeared.
Space
More Space
Fireball captured on video as meteor streaks across Pacific Northwest sky
As the number of people with cameras on their dashboards and doorbells has grown, so have reports of such sightings.
NASA to spend $20 billion on ambitious moon base
In an on-going overhaul of NASA's Artemis program, agency officials say it will take seven years to build a sophisticated base on the moon.
Artemis II back on launch pad for moon mission
NASA's Artemis II rocket is back on the launch pad after repairs inside the massive Vehicle Assembly Building at the Kennedy Space Center. Early next month, NASA will try, for a second time, to send a crew of four on a flyby of the moon. Mark Strassmann has more.
Possible meteorite crashes into Houston area home, officials say
A possible meteorite crashed into a Houston area house on Saturday night, tearing through the roof and two stories of the home, officials said.
Eileen Collins on breaking barriers in space
Retired NASA astronaut and Air Force Col. Eileen Collins joins "CBS Saturday Morning" to discuss her groundbreaking journey to become the first woman to pilot the Space Shuttle and the first to command a Space Shuttle mission.
Latest Galleries
More Latest Galleries
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
More Latest CBS News Videos
Latest CBS News Videos
3/25: The Takeout with Major Garrett
Long TSA lines continue continue across the country as DHS shutdown hits Day 40; White House says Trump will "unleash Hell" if Iran doesn't make a deal.
Doctor's nutrition tips for young athletes
As young athletes work to balance classes and competition, doctors are underscoring the need for proper hydration and nutrition. Gwen Baumgardner reports from Los Angeles, with updated guidelines about the water and carbs needed before taking the field.
Watch: Growing TSA lines around U.S.
Travelers around the country faced growing security lines on Wednesday as the partial government shutdown continued and TSA agents worked without pay.
Democrats flip district that includes Mar-a-Lago
In a Florida special election on Tuesday, Democrats flipped a state House seat in a district that includes President Trump's Mar-a-Lago estate. Political strategists Kendra Barkoff Lamy and Doug Heye join "The Takeout" with analysis.
Former DOJ workers accuse Trump of degrading department
Since President Trump took office for a second time, the Justice Department has undergone significant changes. Former DOJ litigator Stacey Young, founder and executive director of Justice Connection, joins "The Takeout" to discuss her organization's efforts to reform the Department.