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.
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.
About 100,000 jobs could vanish over the next five years due to automation, according to Wells Fargo.
The Labor Department says 400,000 Americans filed first-time unemployment claims last week, down 24,000 from the previous week. And the Commerce Department reports the nation's gross domestic product has reached pre-pandemic levels. Michelle Meyer, head U.S. economist for Bank of America Securities, joins CBSN to discuss the U.S. economic recovery.
Bank of America CEO Brian Moynihan says increased consumer spending is helping the U.S. economy rebound from the pandemic.
The bank joins Amazon, Chipotle and McDonald's on a short list of big companies that recently hiked their hourly wages.
The U.S., along with some of the nation's biggest banks, are pumping big bucks into Minority Depository Institutions.
Black business leaders shared their short list of companies expected to move the needle on racial equality in 2021.
Jobless Californians with legitimate unemployment claims are struggling to get their money.
Bank of America is pledging to address racial and economic inequities by committing $25 million to assist "up-skilling and reskilling" for Black and Hispanic-Latino students. Ebony Thomas, the bank's environmental, social and governance strategy executive, joined CBSN to discuss why investing in communities of color is valuable.
Financial giant, with $12 billion in profits this year, had been offering some workers an extra $400 a month.
JPMorgan Chase expects $32 billion worth of bad loans, nearly triple what it had set aside a year ago, before Covid hit the world.
Consumer banking giant revised down its outlook for U.S. economy as cities and states pause or reverse plans to reopen.
The following is a transcript of an interview with Bank of America CEO Brian Moynihan that aired Sunday, April 26, 2020, on "Face the Nation."
"There's great debate about how much this will ultimately take", CEO Brian Moynihan told "Face the Nation" on Sunday.
JPMorgan Chase small business client said he applied for loan first day it was available, but money was never approved.
Financial giants including Bank of America, Citigroup and JPMorgan Chase are bracing for massive losses.
Three of the nation's four largest lenders initially wouldn't take loan applications, leaving borrowers in the dark.
The following is a transcript of an interview with Bank of America CEO Brian Moynihan that aired Sunday, March 15, 2020, on "Face the Nation."
The head of the second-largest financial institution in the U.S. says Bank of America is treating the pandemic like a natural disaster.
It will be first major U.S. financial institution to crack $20 line, reflecting the tight labor market
Big banks reporting weaker lending even as the Federal Reserve has lowered interest rates to stoke economic growth
Raise comes as big bank CEOs prepare to appear before Congress to discuss the role of large financial firms
Wall Street bonuses have increased 1,000 percent since 1985, jumping from about $14,000 to a rich $153,700 per year
The negative impact on GDP will double for every week the impasse continues, Bank of America economists warn
A 17-year-old boy became trapped Wednesday in an abandoned Bank of America vault in Hollywood, Florida.
Vice President Kamala Harris will be campaigning for the election in Georgia with former President Barack Obama and Bruce Springsteen.
Erik and Lyle Menendez are serving life in prison for the 1989 murders of their parents, but could become eligible for parole if a judge resentences them.
Election security experts told CBS News that unfounded claims of machines flipping votes have circulated for years.
Presidio, Texas, relies on hundreds of Mexican citizens who legally cross the border daily to work in restaurants or oil fields. Presidio's mayor believes the city would be in "serious trouble" if it was harder for them to come across.
As part of a faith outreach, Vice President Kamala Harris appeared at two Atlanta churches last Sunday, and she told CNN that she was "raised to believe in a loving God."
For more than 150 years, federal boarding schools for Native children forced them to assimilate, and often caused physical and emotional abuse.
Decision to cut topping comes as officials work to confirm source of bacteria linked to McDonald's Quarter Pounders.
The teen is accused of fatally shooting his parents, two brothers and his sister in their home in Fall City, Washington, according to court documents.
Pet owner claims his French bulldog died as a direct result of the airline moving him from first class to coach just before takeoff.
The teen is accused of fatally shooting his parents, two brothers and his sister in their home in Fall City, Washington, according to court documents.
Election security experts told CBS News that unfounded claims of machines flipping votes have circulated for years.
Lyle and Erik Menendez were sentenced to life in prison for killing their parents. Now, more than three decades later, they are hoping new evidence could reopen the case.
Decision to cut topping comes as officials work to confirm source of E. coli outbreak linked to McDonald's Quarter Pounders.
A winning ticket for Wednesday's Powerball drawing was sold at a Georgia convenience store — netting the lucky buyer a $478 million jackpot.
Decision to cut topping comes as officials work to confirm source of E. coli outbreak linked to McDonald's Quarter Pounders.
Pet owner claims his French bulldog died as a direct result of the airline moving him from first class to coach just before takeoff.
Soaring cost of food, housing and other staples means more Americans are just getting by, Bank of America Institute survey shows.
Surveillance tech has expanded abilities of firms to track employees, often without their consent, fed agency says.
The "Rosies" were women recruited by U.S. defense manufacturers during WWII to help build tanks, ships and planes.
Presidio, Texas, relies on hundreds of Mexican citizens who legally cross the border daily to work in restaurants or oil fields. Presidio's mayor believes the city would be in "serious trouble" if it was harder for them to come across.
Election security experts told CBS News that unfounded claims of machines flipping votes have circulated for years.
As part of a faith outreach, Vice President Kamala Harris appeared at two Atlanta churches last Sunday, and she told CNN that she was "raised to believe in a loving God."
For more than 150 years, federal boarding schools for Native children forced them to assimilate, and often caused physical and emotional abuse.
Harris has held a steady advantage over Trump in terms of physical resources on the ground, while Trump is getting help on voter outreach from Elon Musk and outside groups.
Decision to cut topping comes as officials work to confirm source of E. coli outbreak linked to McDonald's Quarter Pounders.
The CDC recommends that immunocompromised people age 65 and older should get a second dose of the 2024-2025 COVID vaccine.
Cardiovascular disease is the leading cause of death in the U.S. with nearly 128 million adults in the country living with it. A recent report by the American Heart Association projects heart disease and stroke will affect more than 60% of Americans by 2050. CBS News medical contributor Dr. Celine Gounder explains how to prevent the disease.
The EPA has finalized stricter rules meant to limit the exposure of children to lead paint.
Health care hasn't figured prominently on the campaign trail this fall. These voters wish it would.
A community-based group of young designers in London has big plans to expand the world of emojis, to reflect their own styles, and to quash "texturism."
As Trump claims the U.K. Labour Party is meddling in the U.S. election, CBS News takes stock of foreign agent political donations, and who's behind them.
Hosting a summit of the BRICS alliance, Putin touted the growing club as an alternative to the West's "relentless foreign influence ostensibly promoting democracy."
Turkey accused the separatist Kurdish group PKK of being behind a deadly attack on a state-owned defense manufacturer near Ankara.
Officials at New Zealand's Dunedin International Airport are "surprised how much global interest" a time-limit on curbside farewell embraces has garnered.
There are almost 4,000 emojis to help people express themselves online, but a group of young design students in London says not one features Black or mixed-race hairstyles. As CBS News' Tina Kraus reports, they're determined to change that.
Actor Brett Goldstein, who starred as Roy Kent on "Ted Lasso," spoke to "CBS Mornings" about his role in "Shrinking," which he said he initially didn't intend on playing.
Actor Brett Goldstein, who starred as Roy Kent on the Emmy-winning show "Ted Lasso," speaks to "CBS Mornings" about taking on a new role as co-creator and cast member of the Apple TV+ show "Shrinking."
The iconic magazine Playbill is celebrating its 140th anniversary. Alex Birsh's family has published Playbill since 1973. This month, every Broadway show has four different Playbill covers.
Cardi B says she's been hospitalized with a medical emergency and will have to miss her scheduled performance at ONE Musicfest in Atlanta.
Surveillance tech has expanded abilities of firms to track employees, often without their consent, fed agency says.
A community-based group of young designers in London has big plans to expand the world of emojis, to reflect their own styles, and to quash "texturism."
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.
Have you ever heard of the term, "Googleganger?" It's when you and a person you search on Google share the same name. A CBS report from 2007 shows how it one time led to an unlikely friendship.
Major phone companies say some Americans want to ditch their smartphones in favor of so-called dumb phones. Some cell phone makers have even come up with new models of the iconic flip and brick phones to help those who want a simpler lifestyle.
Environmental activists are working in battleground states to energize climate-focused voters ahead of Election Day. CBS News senior coordinating producer of climate Tracy Wholf has more.
A new report from the United Nations says the world is way off target when it comes to cutting greenhouse gas emissions and avoiding the worst threats of climate change. CBS News national environmental correspondent David Schechter has more.
New data from the National Oceanic and Atmospheric Administration has scientists ringing alarm bells about the health of the world's oceans. Seventy-seven percent of the world's coral reefs have experienced "bleaching-level heat stress" over the last 22 months. Derek Manzello, coordinator of NOAA's Coral Reef Watch program, joins CBS News to dive deeper into the research.
Rising sea levels and more intense storms driven by climate change are making it difficult for the residents who live on North Carolina's Outer Banks, a series of barrier islands. In the last four years, the Atlantic has toppled 10 homes on Hatteras Island as officials are searching for new ways to adapt. David Schechter has more.
Colossal Biosciences says it's made a breakthrough toward the de-extinction of the thylacine, or Tasmanian tiger.
The teen is accused of fatally shooting his parents, two brothers and his sister in their home in Fall City, Washington, according to court documents.
CBS News California examined retail theft rates in California and whether the high-profile Proposition 36 would help combat those crimes.
Convicted murderers Lyle and Erik Menendez could potentially soon be freed from prison. On Thursday, Los Angeles County District Attorney George Gascón said he would recommend the brothers be resentenced in the 1989 killings of their mother and father at their Beverly Hills home. Jonathan Vigliotti, CBS News national correspondent, and Jessica Levinson, CBS News legal contributor, have more.
Los Angeles County District Attorney George Gascón announced Thursday that his office will ask the court to resentence Erik and Lyle Menendez, two brothers convicted in the notorious 1989 murders of their parents in Beverly Hills. Gascón said his decision came after new evidence indicated the brothers suffered years of sexual, physical and emotional abuse. If a parole board and judge approve the request, the pair would be set free. Jonathan Vigliotti reports.
Lyle and Erik Menendez were sentenced to life in prison for killing their parents. Now, more than three decades later, they are hoping new evidence could reopen the case.
Four huge asteroids — and a fifth that's much smaller — are passing Earth on Thursday in their closest approaches to the planet ever recorded.
Spending a month longer than planned aboard the ISS, three NASA astronauts and a Russian cosmonaut are finally headed home.
Since the breakup, the U.S. Space Force is now tracking "around 20 associated pieces" of the satellite in space.
NASA's solar-powered Europa Clipper took off Monday from the Kennedy Space Center in Florida. The spacecraft is projected to reach Jupiter by April 2030 and will study one of the planet's moons. CBS News space consultant Bill Harwood explains what scientists are hoping to accomplish with the mission.
NASA successfully launched the Europa Clipper spacecraft Monday toward Jupiter where it will monitor a moon for potential habitable qualities. CBS News space consultant Bill Harwood has more on the spacecraft expected to near Jupiter's moon Europa around April 2030.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
The seesaw marriage between the former ballerina and her much older husband only lasted four years, until she shot him on Sept. 27, 2020.
A look at the evidence in "The Dexter Killer" case; plus, newly revealed letters from the man police say wanted to be like fictional serial killer Dexter Morgan.
A teenager's murder in Lowell, Massachusetts, goes unsolved for more than 40 years -- were the clues there all along?
The actor, recipient of a lifetime achievement Academy Award, was renowned for such films as "MASH," "Klute," "Don't Look Now," "Ordinary People," and "The Hunger Games."
Former President Barack Obama introduced Vice President Kamala Harris at a campaign rally in Atlanta, Georgia, on Thursday night, marking the first time they have campaigned together. CBS News congressional correspondent Nikole Killion reports.
The Big Apple held a big parade Thursday through the Canyon of Heroes for the first-time WNBA champion New York Liberty.
Nearly 30 million voters across the U.S. have already cast their 2024 ballots. So what kind of insights does this give us about the state of the race? CBS News deputy director of elections and data analytics Kabir Khanna has the details.
Israel's multi-front conflict against Iranian-backed Hamas in Gaza and Hezbollah in Lebanon is forcing medical staff and first responders to put their lives on the line to care for the critically wounded. CBS News foreign correspondent Debora Patta reports from Beirut. Warning: Some images may be difficult to watch.
At a rally last weekend, tech billionaire Elon Musk promoted debunked conspiracy theories about voting machines and encouraged voters to share any potential signs of fraud on social media. CBS News election law contributor David Becker joins to discuss the new efforts to sow doubt on the integrity of the 2024 election.