Cash App owner failed to protect customers from fraud, feds say
Cash App-owner Block must offer up to $120 million in refunds to consumers who federal regulators say were exposed to potential fraud.
Watch CBS News
Cash App-owner Block must offer up to $120 million in refunds to consumers who federal regulators say were exposed to potential fraud.
Nima Momeni has been found guilty of second-degree murder in the fatal stabbing of Cash App founder Bob Lee, a verdict reached by a San Francisco jury after seven days of deliberations.
Tech consultant Nima Momeni has been found guilty of second-degree murder in the 2023 stabbing of Cash App founder Bob Lee. CBS News Bay Area reporter Lauren Toms has more details.
A jury found Nima Momeni guilty of second-degree murder in the trial related to the death of Cash App founder Bob Lee. CBS News San Francisco has the latest confirmed information.
A verdict has been reached and will be announced soon in the trial of Nima Momeni, the man accused of fatally stabbing Cash App founder Bob Lee in 2023. CBS News San Francisco reporter Lauren Toms has more.
Nina Momeni, the tech consultant accused of fatally stabbing Cash App founder Bob Lee, claimed in testimony Monday that he acted in self-defense. CBS News Bay Area reporter Lauren Toms has the latest on the case.
The defendant's sister delivered stunning testimony last week in the murder trial for the man accused of fatally stabbing Cash App founder Bob Lee. CBS News Bay Area reporter Lauren Toms has more on the case.
Users of the electronic payment service Cash App will have the ability to claim as much as $2,500 in connection to a lawsuit claiming the company was negligent with their data on two separate occasions. Ted Rossman, senior industry analyst for Bankrate, joined CBS News to discuss the payouts.
A court hearing will be held in California on Thursday for Nima Momeni, the 38-year-old man accused of murdering Cash App founder Bob Lee. Momeni was arrested last year for allegedly stabbing Lee to death in San Francisco. He has pleaded not guilty. Jonah Owen Lamb, senior reporter for the San Francisco Standard, joined CBS News to discuss the case.
Peer-to-peer payments, cash card purchases and other transactions have been disrupted, Square said.
Getting paid through online apps like Venmo or PayPal has become commonplace. But there are new warnings about the safety of these apps as more people are choosing to keep a running balance and bypass traditional, government-insured banks altogether. Jennifer Streaks, a senior personal finance reporter and spokesperson for Insider, has more.
Financial watchdog urges consumers who keep funds with a digital app to transfer the money to an insured bank account.
Nima Momeni, the tech executive charged in the stabbing death of Cash App founder Bob Lee last month, appeared in a San Francisco courtroom Thursday, where he pleaded not guilty to murder charges.
Nima Momeni, the tech executive accused of stabbing Cash App founder Bob Lee to death, pleaded not guilty through his attorney in a San Francisco courtroom Thursday.
Neighbors described Momeni as "warm" and said it was a shock to see him arrested by police.
San Francisco Police Chief Bill Scott identified the suspect as Nima Momeni, 38, and said Momeni and Lee knew each other.
Lee, 43, was the chief product officer of San Francisco-based cryptocurrency startup MobileCoin. He also started Cash App and was a former chief technology officer of Square.
More severe weather is forecast for an already soaked California, raising risk of additional mudslides and debris flows.
The Justice Department said the process of releasing the Epstein files may take "a few more weeks" due to the volume of materials.
Most major retail stores and grocery chains are closed on Christmas Day, with some exceptions.
A single winning ticket was sold for Powerball's Christmas Eve jackpot of $1.817 billion, in Arkansas. It was the second biggest winning jackpot in U.S. lottery history.
The economy remained on track this year, defying the gloomiest predictions. That doesn't mean Americans are thrilled with how things are going.
A planned Christmas Eve jazz concert at the Kennedy Center has been canceled.
In his first Christmas homily, Pope Leo lamented conditions for Palestinians in Gaza and urged Ukraine and Russia to engage in direct talks to end their wr.
Two foreigners, a local doctor, a tour guide and the pilot were killed in the helicopter crash on Mount Kilimanjaro.
The Justice Department early Tuesday released more than 11,000 additional documents and photos from the Jeffrey Epstein files.
More severe weather is forecast for an already soaked California, raising risk of additional mudslides and debris flows.
Most major retail stores and grocery chains are closed on Christmas Day, with some exceptions.
A single winning ticket was sold for Powerball's Christmas Eve jackpot of $1.817 billion, in Arkansas. It was the second-largest U.S. lottery jackpot ever won.
Traffic safety regulators are reviewing a motorist's complaints that the manual door handles on some Model 3 cars are hard to find, a potential hazard in a crash.
The new tourist tax imposes an 11% tax on the gross fares paid by a cruise ship's passengers to address climate change threats to Hawaii.
Most major retail stores and grocery chains are closed on Christmas Day, with some exceptions.
Traffic safety regulators are reviewing a motorist's complaints that the manual door handles on some Model 3 cars are hard to find, a potential hazard in a crash.
The new tourist tax imposes an 11% tax on the gross fares paid by a cruise ship's passengers to address climate change threats to Hawaii.
Many Americans face soaring costs to heat their homes this winter. Here are some ways to lower your monthly utility bill.
The economy remained on track this year, defying the gloomiest predictions. That doesn't mean Americans are thrilled with how things are going.
A planned Christmas Eve jazz concert at the Kennedy Center has been canceled.
President Trump spent part of Christmas Eve bantering with kids, updating families on NORAD's Santa tracker and reminding one child that the big guy has a "serious appetite."
President Trump-backed candidate Nasry Asfura has won Honduras' presidential election, the country's electoral authorities said, ending a weeks-long count.
The Justice Department said the process of releasing the Epstein files may take "a few more weeks" due to the volume of materials.
Trump signed an executive order in March saying it was "no longer in the national interest" for attorney Mark Zaid and others to access classified information.
Suze Lopez, a 41-year-old nurse who lives in Bakersfield, California, didn't know she was pregnant with her second child until days before giving birth.
The Food and Drug Administration has approved a pill version of the weight-loss drug Wegovy.
A federal judge has approved a preliminary agreement for a class action lawsuit requiring Aetna to cover fertility treatments for same-sex couples as they do with heterosexual couples.
Doctors and scientists say this year's influenza season could be tougher than usual, with a new version of the flu virus, called H3N2, spreading quickly.
#LillyPartner Cancer clinical trials can offer patients access to investigational treatments that can be explored as early as the time of diagnosis. Ovarian cancer survivor Alicia Dellario and Dr. Arjun Balar, senior vice president of global clinical development at Eli Lilly and Company, join "CBS Mornings" to talk about the potential benefits of cancer clinical trials -- and clarify common misconceptions. Visit cancerclinicaltrials.lilly.com for more information. (Sponsored by Eli Lilly and Company)
Jair Bolsonaro, who has been hospitalized since Wednesday, has been serving a 27-year prison sentence since November for an attempted coup.
King Charles III led his family to church on foot ahead of his annual Christmas Day speech that is expected to focus on pilgrimage.
Two foreigners, a local doctor, a tour guide and the pilot were killed in the helicopter crash on Mount Kilimanjaro.
In his first Christmas homily, Pope Leo lamented conditions for Palestinians in Gaza and urged Ukraine and Russia to engage in direct talks to end their wr.
A bomb exploded during prayers at a mosque in Nigeria, killing five people in what police described as a likely suicide attack.
King Charles III led his family to church on foot ahead of his annual Christmas Day speech that is expected to focus on pilgrimage.
A planned Christmas Eve jazz concert at the Kennedy Center has been canceled.
The New York Times movie critic Alissa Wilkinson ranked the top films of 2025. She joins CBS News 24/7 to review this year's list.
The leg lamp in "A Christmas Story" might be one of cinema's most iconic props, and one small town in Oklahoma has a special way to celebrate it. Omar Villafranca reports.
Kiefer Sutherland stars in the new holiday comedy "Tinsel Town," about a washed-up Hollywood actor who lands in a small English town doing a theater production of "Cinderella." He talks about what drew him to the role.
Instacart says its ending its controversial system of using AI price tests for retailers. Earlier this month, an investigation by Consumer Reports and progressive think tank Groundwork Collaborative found that Instacart's algorithmic pricing charged various prices for the same item from the same store. Jo Ling Kent reports.
Massive tech companies wanting to build more data centers in the U.S. are lobbying for support among Americans, according to a recent report by POLITICO. Gabby Miller joins CBS News with more on her reporting.
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.
Timothy Werth, a tech editor at Mashable, joins "CBS News 24/7" to discuss the best gadgets of 2025.
Instacart had drawn criticism for testing an AI-based system that enabled retailers to charge different prices for the same grocery items.
The Trump administration intends to dismantle one of the world's leading climate research institutions, in Boulder, Colorado, over what it said were concerns about "climate alarmism."
The footage of a bear caring for an adopted cub was captured during the annual polar bear migration along the Western Hudson Bay in Churchill, Manitoba.
Most of the footprints are elongated and made by bipeds. The best-preserved ones bear traces of at least four toes.
NASA continues to aim its space telescopes at the visiting ice ball, estimated to be up to 3.5 miles in size.
Paleontologists have discovered and documented 16,600 footprints left by theropods, the dinosaur group that includes the Tyrannosaurus rex.
His lawyers argued that Rozier's alleged involvement in the wire fraud and money laundering conspiracies is limited.
A prominent California farmer was arrested in the shooting death of his estranged wife in a remote mountain community in Arizona, authorities said.
Rahmanullah Lakanwal, a 29-year-old Afghan national, is accused of fatally shooting Army Spc. Sarah Beckstrom and wounding Air Force Staff Sgt. Andrew Wolfe.
California authorities announced Tuesday they have found the body of 9-year-old Melodee Buzzard and arrested her mother for murder. See the full news conference.
A Delaware state trooper was killed Tuesday during a shooting at a Wilmington DMV, the Delaware State Police said. The state's governor confirmed the shooter is also dead.
NASA astronauts took their first drive on the moon 54 years ago. Now, three companies are competing for a NASA contract to build a new lunar rover for use starting with the Artemis 5 mission in 2030. Kris Van Cleave reports.
NASA is gearing up to send four Artemis astronauts on looping test flight around the moon in 2026.
A German aerospace engineer made history Saturday, becoming the first wheelchair user to go into space when she took a 10-minute trip aboard a Blue Origin rocket.
German engineer Michaela Benthaus is the first person with a significant physical handicap to reach space.
President Trump withdrew Isaacman's nomination for NASA administrator in April, before nominating him again in November.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
This year marks the 40th anniversary of Chris Van Allsburg's beloved children's book, "The Polar Express." He tells CBS News' Bradley Blackburn about how he came up with the classic Christmas tale at just 34 years old.
The Christmas Eve Powerball jackpot worth $1.817 billion, the second-largest ever, was won by a single ticket sold in Arkansas.
Pope Leo XIV celebrated his first Christmas since he became pontiff. At Midnight Mass on Christmas Eve, Leo urged people to care for the poor and for migrants.
A powerful storm brought heavy rain to parts of California on Wednesday, flooding roads and prompting evacuations in some areas. The deluge of rain is causing dangerous travel conditions on Christmas Day.
In late 19th-century Florida, hunters pushed flamingos into functional extinction. But something changed over the last 25 years when hurricanes in the Caribbean chased them into the Everglades. Mark Strassmann reports.