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.
Highlights from Trump's 2026 State of the Union speech
President Trump defended his first year back in office in his 2026 State of the Union address, touting his record on immigration, the economy, tariffs and more.
Fact checking Trump's 2026 State of the Union address and Spanberger's response
CBS News fact checked President Trump's 2026 State of the Union address, and Virginia Gov. Abigail Spanberger's Democratic response.
Live
Watch Live: Casey Means surgeon general Senate confirmation hearing
Casey Means is an ally of Health and Human Services Secretary Robert F. Kennedy Jr. and an advocate for his "Make America Healthy Again" agenda.
Watch Abigail Spanberger's Democratic response to Trump's 2026 State of the Union
Virginia Gov. Abigail Spanberger delivered the Democratic response to President Trump's State of the Union address Tuesday night as the party attempts to counter the president's message.
Iran reacts to Trump's 2026 State of the Union, accuses him of "big lies"
Iran accuses Trump of lying in his State of the Union about the country's nuclear ambitions, as the next round of bilateral talks looms.
New legislation in House would ban taxpayer money from going to Jan. 6 rioters
The bill would ban distribution of taxpayer money for any "January 6th compensation fund" and any further refund of damage payments made by convicted Capitol rioters.
Trump demands that Iran promise never to build a nuclear weapon
President Trump pressed the Iranian government to reach a deal on its nuclear program as he weighs possible military action against the country.
Hegseth demands full military access to Anthropic's AI model, sets deadline
The Pentagon may decide to officially designate Anthropic as a "supply chain risk" to push them out of government, sources say.
Rock & Roll Hall of Fame unveils "diverse list" of 2026 nominees
The Rock & Roll Hall of Fame has announced its 2026 list of nominees, and it mixes pop, rap, metal, R&B and more.
U.S.
More U.S.
Rock & Roll Hall of Fame unveils "diverse list" of 2026 nominees
The Rock & Roll Hall of Fame has announced its 2026 list of nominees, including Phil Collins, Mariah Carey, Wu-Tang Clan and more.
Man charged after shooting involving Border Patrol agent at Canada crossing
A New Hampshire resident has been charged after a shooting involving a Border Patrol agent at a Canada crossing, the DOJ says
New legislation in House would ban taxpayer money from going to Jan. 6 rioters
The bill would ban distribution of taxpayer money for any "January 6th compensation fund" and any further refund of damage payments made by convicted Capitol rioters.
Here are all the awards Trump announced during his State of the Union
During his State of the Union, President Trump honored several service members and an Olympic athlete with awards that included the Purple Heart, the Congressional Medal of Honor, the Legion of Merit and the Medal of Freedom.
U.S. hockey goalie Connor Hellebuyck will receive Presidential Medal of Freedom
Connor Hellebuyck stopped 41 of Team Canada's 42 shots in the Olympic gold medal match.
MoneyWatch
More MoneyWatch
College majors with the highest earnings potential and lowest jobless rates
A college degree still provides an edge when it comes to finding a good job, but a person's major may be just as important to career stability, research suggests.
AI skills are in demand, but don't always command pay premiums
Six in 10 employers want workers with AI skills, but few are offering higher base pay or bonuses for the know-how.
3 charts highlight the affordability issues Americans worry about most
President Trump touted his work during his first year back in office, saying, "inflation is plummeting, incomes are rising fast, the roaring economy is roaring like never before."
Consumer confidence rose in February as labor market outlook improves
Consumers' perceptions of employment conditions improved slightly in February, helping bolster overall confidence in the economy.
Novo Nordisk to slash Wegovy and Ozempic prices starting in 2027
Starting in 2027, the Danish pharma firm will sell its weight-loss and diabetes drugs for $675 per month.
Politics
More Politics
Live
Watch Live: Casey Means surgeon general Senate confirmation hearing
Casey Means is an ally of Health and Human Services Secretary Robert F. Kennedy Jr. and an advocate for his "Make America Healthy Again" agenda.
Iran reacts to Trump's 2026 State of the Union, accuses him of "big lies"
Iran accuses Trump of lying in his State of the Union about the country's nuclear ambitions, as the next round of bilateral talks looms.
New legislation in House would ban taxpayer money from going to Jan. 6 rioters
The bill would ban distribution of taxpayer money for any "January 6th compensation fund" and any further refund of damage payments made by convicted Capitol rioters.
Missed the 2026 State of the Union? See the transcript, full video
President Trump delivered his 2026 State of the Union address on Tuesday night. Read the transcript and watch the full video.
Here are all the awards Trump announced during his State of the Union
During his State of the Union, President Trump honored several service members and an Olympic athlete with awards that included the Purple Heart, the Congressional Medal of Honor, the Legion of Merit and the Medal of Freedom.
HealthWatch
More HealthWatch
Novo Nordisk to slash Wegovy and Ozempic prices starting in 2027
Starting in 2027, the Danish pharma firm will sell its weight-loss and diabetes drugs for $675 per month.
As more Americans embrace anxiety treatment, RFK Jr. derides medications
Robert F. Kennedy Jr. has criticized the broadening use of anxiety medications, but doctors and researchers say the MAHA movement is misrepresenting drugs that have been proven to help.
How safe is America from polio?
After decades of American children routinely receiving polio vaccines, the virus that had doomed many to paralysis was nearly eliminated in the United States. But vaccine avoidance today may allow the crippling disease to return.
How safe is America from polio?
After decades of American children routinely receiving polio vaccines, the virus that had doomed many to paralysis was nearly eliminated in the United States. But vaccine avoidance today may allow the crippling disease to return. CBS News chief medical correspondent Dr. Jonathan LaPook talks with David Oshinsky, author of "Polio: An American Story," and with violin virtuoso Itzhak Perlman, who contracted polio as a child, about how parents opting out of vaccinations for their children could affect polio rates here.
Robots can help amid nursing home staffing crisis
A growing, aging population and an acute caregiver shortage are pushing adult care centers to think outside the box. Itay Hod introduces a new, high-tech helper.
World
More World
Iran reacts to Trump's 2026 State of the Union, accuses him of "big lies"
Iran accuses Trump of lying in his State of the Union about the country's nuclear ambitions, as the next round of bilateral talks looms.
American who spent 11 years in prison for Bali "suitcase murder" is freed
Tommy Schaefer was sentenced for the 2014 murder of Sheila von Wiese-Mack, the mother of Heather Mack, during a luxury vacation.
Trump demands that Iran promise never to build a nuclear weapon
President Trump pressed the Iranian government to reach a deal on its nuclear program as he weighs possible military action against the country.
American Airlines plane from Miami found with apparent bullet hole in Colombia
The bullet was located in the right wing of a 737 MAX 8 aircraft that flew from Miami, Florida, to Medellín on Monday night as flight 923.
Photographer on capturing Jack Hughes' toothless grin after Olympic gold
Getty Images photographer Elsa Garrison shares how she managed to capture a "pretty iconic" image of Team USA's Jack Hughes.
Entertainment
More Entertainment
Entertainment
Rock & Roll Hall of Fame nominees revealed
The Rock & Roll Hall of Fame announced 17 nominees for its class of 2026, including Phil Collins, Mariah Carey, Iron Maiden and Luther Vandross. The new members will be revealed in April.
Rock & Roll Hall of Fame unveils "diverse list" of 2026 nominees
The Rock & Roll Hall of Fame has announced its 2026 list of nominees, including Phil Collins, Mariah Carey, Wu-Tang Clan and more.
Jeff Probst previews "Survivor"
Jeff Probst, who has hosted "Survivor" since it first aired more than 25 years ago, talks with "CBS Mornings" about how the 50th season is different, fan influence and what to expect with the premiere on Wednesday.
Neve Campbell on return to "Scream" franchise
Neve Campbell speaks to "CBS Mornings" about reprising her iconic role in the "Scream" franchise. Campbell talks about how the movie connects to a younger generation and her choice to speak out about pay disparity for "Scream 6."
Oprah reveals "Kin" as new book club pick
Oprah on "CBS Mornings" revealed "Kin" by Tayari Jones as her next book club selection. Kin is about two motherless daughters who have been best friends since early childhood, but their lives take different paths. This is only the tenth time Oprah has picked the same author twice.
Technology
More Technology
Technology
Hegseth gives AI access demand to Anthropic
Defense Secretary Pete Hegseth told Anthropic CEO Dario Amodei he had until the end of this week to give the military a signed document that would grant full access to its artificial intelligence model, a sources said. The demand came during a meeting at the Pentagon on Tuesday. Ian Krietzberg, an AI correspondent at Puck, joins "The Daily Report" to discuss.
Hegseth demands full military access to Anthropic's AI model, sets deadline
The Pentagon may decide to officially designate Anthropic as a "supply chain risk" to push them out of government, sources say.
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-driven attacks are increasing, report says
CrowdStrike is reporting an increase in AI-driven attacks around the world. Adam Meyers, the head of counter adversary operations at CrowdStrike, joins CBS News with more details.
Teens use AI more frequently than parents know, survey finds
A Pew Research Center survey found that just 4 in 10 parents talk to their teens about AI usage.
Science
More Science
What scientists will be looking for when government UFO files are released
Documents might help scientists shed light on unexplained phenomena and government secrets, experts said.
In a first, shark seen on camera in Antarctica waters, surprising researchers
A large shark was caught on camera for the first time in Antarctica's waters, surprising researchers. "There's a general rule of thumb that you don't get sharks in Antarctica," one said.
How Washington's crossing of the Delaware presaged a changing world
On the evening of Christmas 1776, Gen. George Washington surprised the King's forces by leading the Continental Army in a surprise crossing of a near-frozen Delaware River - a watershed military maneuver that dramatized a changing America, and a changing climate.
These United States: George Washington and climate change
On the evening of Christmas 1776, Gen. George Washington surprised the King's forces by leading the Continental Army in an unanticipated crossing of a near-frozen Delaware River. Environmental correspondent David Schechter looks at how Washington's watershed military maneuver dramatized both a changing America, and a changing climate.
Impact of climate change on Winter Olympics
The Winter Olympics in Milan need artificial snow due to climate change and warmer weather. Athletes say man-made snow makes terrain more difficult and unpredictable. Rob Marciano reports on its impact.
Crime
More Crime
Man charged after shooting involving Border Patrol agent at Canada crossing
A New Hampshire resident has been charged after a shooting involving a Border Patrol agent at a Canada crossing, the DOJ says
American who spent 11 years in prison for Bali "suitcase murder" is freed
Tommy Schaefer was sentenced for the 2014 murder of Sheila von Wiese-Mack, the mother of Heather Mack, during a luxury vacation.
4 people fatally stabbed outside home near Seattle, suspect shot dead by deputy
A man fatally stabbed four people before being shot dead by a sheriff's deputy outside a home northwest of Tacoma, Washington, authorities said.
Former DEA chief examines "El Mencho" operation
The killing of Mexican cartel boss "El Mencho" has led to massive unrest across the country. Ray Donovan, who served as chief of operations at the Drug Enforcement Agency and oversaw the capture of El Chapo, joins with analysis.
Stepbrother charged in cruise ship death
CBS News has learned authorities have charged the stepbrother of Anna Kepner, who was found dead aboard a cruise ship in November 2025, with homicide. Shanelle Kaul has the latest.
Space
More Space
What scientists will be looking for when government UFO files are released
Documents might help scientists shed light on unexplained phenomena and government secrets, experts said.
NASA to start slow-moving process returning moon rocket to hangar this week
The space agency said Sunday it's targeting Tuesday for the slow, four-mile trek across Kennedy Space Center, weather permitting.
NASA's moon rocket hit by new problem, flight pushed to April
The Artemis II mission aims to send four astronauts — Reid Wiseman, Victor Glover, Christina Koch and Canadian astronaut Jeremy Hansen — on a flight around the far side of the moon and back.
Report criticizes NASA Boeing Starliner trip
An internal investigation is blasting NASA's handling of the first piloted flight of Boeing's Starliner spacecraft in 2024. The flight left two astronauts stuck on the International Space Station for nearly a year. The investigation found the flight was plagued by potentially life-threatening technical and management failures.
Cosmologist on UFO files
President Trump has ordered the release of all government documents related to aliens, UFOs and extraterrestrial life. It comes after former President Barack Obama addressed the topic earlier this week and said aliens are real, a statement which he later modified. CBS News contributor Janna Levin has more details.
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
What we know about Punch the monkey
Punch the monkey went viral after an interaction with his mother stole the hearts of many. Brogan Stewart, a Concordia University doctoral candidate in environmental science who studies animal behavior, joins CBS News with her analysis.
Ivey on skipping State of the Union address
Maryland Rep. Glenn Ivey was one of the Democratic lawmakers who skipped President Trump's State of the Union address. Ivey joined CBS News with his reaction to Mr. Trump's remarks.
Rock & Roll Hall of Fame nominees revealed
The Rock & Roll Hall of Fame announced 17 nominees for its class of 2026, including Phil Collins, Mariah Carey, Iron Maiden and Luther Vandross. The new members will be revealed in April.
Trump State of the Union immigration remarks
President Trump addressed his immigration crackdown during the State of the Union address, but he did not mention the killings of Alex Pretti and Renee Good in Minneapolis. CBS News' Camilo Montoya-Galvez reports.
Strategists on Trump's State of the Union
President Trump's State of the Union address highlighted the schism between Democrats and Republicans in Congress. Political strategists Joel Payne and Doug Heye join CBS News with their take.