Hostage situation at bank building in California ends after suspect shot dead
The suspect was pronounced dead at the scene early Wednesday morning, the Bakersfield Police Department said.
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The suspect was pronounced dead at the scene early Wednesday morning, the Bakersfield Police Department said.
All hostages are safe and a suspect is dead after an hourslong standoff at a bank in California, police said on Wednesday. CBS News correspondent Carter Evans has the details.
The FBI shot and killed a person suspected of holding people hostage at a bank in Bakersfield, California, police said, adding that all hostages are safe. CBS News' Jonathan Vigliotti has the latest.
Police say a suspect has taken at least one hostage at a Chase Bank in Bakersfield, California. CBS News correspondent Carter Evans has the latest.
ATM fees for out-of-network cash withdrawals average $4.86 nationwide — the highest on record, according to aBankrate survey.
Officials say they believe everyone is now accounted for after a powerful explosion happened at a building with a bank on the ground floor and apartments above in Youngstown, Ohio, on Tuesday. Multiple people were injured in the explosion, and police say they recovered the body of a missing man.
"Their job is to protect our investments," said one man whose bank account was drained of $15,000. "Otherwise, what's the point of putting it with a bank?"
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.
A small business owner lost her life's savings when scammers pretending to be Chase bank employees defrauded her out of $160,000. Chase refused to refund any of her money, saying she did not take appropriate steps to protect her account. Experts say the bank should adopt stricter security measures to protect customers. Anna Werner reports.
The growing trend led to a staggering $8.8 billion in losses last year, according to government data.
Shares of Los Angeles lender PacWest Bancorp fell 28% as spooked investors bail from regional banks.
The regional lender, whose collapse is the second-biggest bank failure in U.S. history, is the third bank to be seized by regulators since March.
Several major banks are seeing growth with the release of their first quarter earnings. The positive news comes a month after the collapse of Silicon Valley bank and Signature Bank. Jacob Sonenshine is a markets reporter at Barron's. He joins CBS News for more.
A large storm system draped across the eastern two-thirds of the U.S. has claimed the lives of several people as severe storms and flooding affected areas from Texas up to the Midwest; and, after defecting from Cuba to the U.S., 21-year-old Josue Justiz has become the Washington Ballet's newest rising star
El Paso suspect claims he was targeting Mexicans in deadly massacre; Cleveland auto mechanic fulfills lifelong dream to become a doctor.
El Paso suspect said he targeted Mexicans; Auto mechanic turns life dream into reality.
Banks say they won't have the money until Wednesday, although the IRS began sending the funds over the weekend.
Target stores offered customers a 10 percent discount in effort to temper some of the backlash caused by the massive data breach that resulted in 40 million customers having their credit card information stolen. Meanwhile, Chase Bank informed about 2 million affected customers it would temporarily limit ATM withdrawals. Terrell Brown reports.
How about a credit card company telling customers their debts are wiped clean? Chase bank is getting out of the credit card business so Thursday night, it said it's ripping up customers' bills and wiping their debts clean.
Bank says chief executive is recovering after procedure to repair blood leak in his aorta.
"We don't want people to rule themselves out because they don't think they can get a job here," bank exec says
Banking giant agrees to pay $5 million to male employees denied additional paid time off as primary caregivers
Jamie Dimon, the CEO of the nation's largest bank, is also making a major investment in the nation's capital
Donald Trump vows to repeal the law that created the Consumer Financial Protection Bureau. Here's why that's a huge mistake
If you live in a major U.S. city, opening a checking account can get you up to $400. There are strings attached, of course
Venezuela's acting president said the death toll from powerful twin earthquakes was likely to rise, as USGS modeling suggested thousands may have been killed.
The Senate late Wednesday rejected a measure aimed at restricting President Trump's power to wage war against Iran, a victory for Senate GOP leadership — and a shift from one day earlier.
With the U.S.-Iran agreement appearing to hold, Oman rules out future Strait of Hormuz "transit fees" and oil prices continue their fall.
What are the essential American songs? Ahead of the nation's 250th birthday, we asked that question to Sunday Morning's familiar faces, from performers to artists and writers to community leaders.
All military branches began requiring recruits to get flu vaccines earlier this month, an exception to Pete Hegseth's decision to lift the military's vaccine mandate, a Pentagon official said.
Some Senate Democrats want to cap the amount beneficiaries in traditional Medicare have to pay toward care, but the move is expected to draw GOP opposition for potentially adding billions to Medicare costs.
President Trump met with Republican senators soon after canceling plans to sign bipartisan housing affordability legislation at the Capitol.
Inflation continued to rise in May, with the Personal Consumption Expenditures price index rising at an annual rate of 4.1%.
The Trump administration on Wednesday sent Congress a long-awaited supplemental funding package to help cover the cost of the Iran war.
A woman was rescued by a Coast Guard aircrew on Saturday, after falling 120 feet down a mountain in Washington state.
Inflation continued to rise in May, with the Personal Consumption Expenditures price index rising at an annual rate of 4.1%.
What are the essential American songs? Ahead of the nation's 250th birthday, we asked that question to Sunday Morning's familiar faces, from performers to artists and writers to community leaders.
A massive fire in Allentown, Pennsylvania, forced nearby residents to evacuate their homes Wednesday night.
All military branches began requiring recruits to get flu vaccines earlier this month, an exception to Pete Hegseth's decision to lift the military's vaccine mandate, a Pentagon official said.
Inflation continued to rise in May, with the Personal Consumption Expenditures price index rising at an annual rate of 4.1%.
IBM has raised the curtain on semiconductor technology it says could deliver computer chips with 50 percent better performance while dramatically lowering power consumption.
The parents of a girl who was raped when she was 12 years old by an adult stranger she connected to via Snapchat have sued its parent company, Snap, and the attacker, in Missouri state court.
The Commodity Futures Trading Commission has sued nine states to block them from regulating prediction markets such as Kalshi and Polymarket.
E15 is usually only available part of the year to help ease high gas prices under a waiver from the EPA.
Some Senate Democrats want to cap the amount beneficiaries in traditional Medicare have to pay toward care, but the move is expected to draw GOP opposition for potentially adding billions to Medicare costs.
The Senate late Wednesday rejected a measure aimed at restricting President Trump's power to wage war against Iran, a victory for Senate GOP leadership — and a shift from one day earlier.
All military branches began requiring recruits to get flu vaccines earlier this month, an exception to Pete Hegseth's decision to lift the military's vaccine mandate, a Pentagon official said.
Most Americans expect data centers to negatively impact the environment, local resources, although some see economic benefits
Five-term incumbent Rep. Adriano Espaillat was defeated in the Democratic primary Tuesday night in a stunning upset by political newcomer and democratic socialist Darializa Avila Chevalier.
Some Senate Democrats want to cap the amount beneficiaries in traditional Medicare have to pay toward care, but the move is expected to draw GOP opposition for potentially adding billions to Medicare costs.
Medicare is testing the use of artificial intelligence to preapprove several healthcare services.
Confirmed Ebola cases in the outbreak in eastern Congo have reached 1,003, including 254 deaths, officials said, and tracing those who've been in contact with patients remains a major challenge.
The Trump administration's cuts to Medicaid and SNAP may complicate Republican Gov. Joe Lombardo's reelection chances.
Hosted by Lee Cowan. Featured: Birthright citizenship; the Theodore Roosevelt Presidential Library unveiled; Shooter Jennings releases recordings by his father, Waylon Jennings; comedian John Mulaney; childhood obesity; and the secrets of seahorses and seadragons.
With the U.S.-Iran agreement appearing to hold, Oman rules out future Strait of Hormuz "transit fees" and oil prices continue their fall.
Abelardo de la Espriella, a millionaire political newcomer, has been declared Colombia's next president.
Venezuela's acting president said the death toll from powerful twin earthquakes was likely to rise, as USGS modeling suggested thousands may have been killed.
The Trump administration on Wednesday sent Congress a long-awaited supplemental funding package to help cover the cost of the Iran war.
France Pierron described childbirth as "a disgusting moment, excuse me, where the dad is useless" during a TV appearance.
For the United States' 250th birthday, Sunday Morning asked dozens of notable Americans, from Jason Alexander and Ken Burns to Misty Copeland, what they considered to be our country's essential songs. This is the Essential American Songbook: 90 contributors and 250 songs. Here's a sample.
What are the essential American songs? Ahead of the nation's 250th birthday, we asked that question to Sunday Morning's familiar faces, from performers to artists and writers to community leaders.
Record label executive and starmaker Clive Davis died at 94 on Monday. His influence spans genres and decades. Music critic and Davis biographer Anthony DeCurtis reflects on the life and legacy of Clive Davis.
Jim Parsons speaks about starring in the musical "Titaníque," which is a comedic retelling of the story of the "Titanic," from the perspective and songs of Celine Dion. Parsons talks about why he wanted to portray's Rose's mother, the show's impact on the LGBTQ+ community and the cast.
Clive Davis, known for propelling artists across genres to stardom, died Monday at the age of 94. "CBS Mornings" co-host Gayle King looks back at his legacy in the music industry.
IBM has raised the curtain on semiconductor technology it says could deliver computer chips with 50 percent better performance while dramatically lowering power consumption.
The U.S. is trying to break the West's reliance on Chinese artificial intelligence supply chains with an international accord called Pax Silica. Its goal is to shore up supplies of essential components used in high-end computer chips, which power advanced AI models. CBS News coordinating producer Richard Escobedo has more.
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.
Prediction markets like Kalshi and Polymarket, which allow people to bet on nearly anything, are big business, and Meta is hoping to get in on the action, according to a new report from the New York Times. CNET senior technology reporter Abrar Al-Heeti joins CBS News to discuss.
Most Americans expect data centers to negatively impact the environment, local resources, although some see economic benefits
The featherweight pair — orbiting a star 1,110 light-years away — are the biggest exoplanets found to have less density than cotton candy.
Human and animal remains unearthed in Egypt's Nile Delta reveal changing funerary practices over some 600 years, and the evolution of a key site itself.
Euclid is on a mission to chart one-third of the sky in the hopes of shedding light on the enduring mysteries of dark matter and dark energy.
Exactly where the comet 3I/ATLAS came from within the Milky Way remains a mystery.
Hosted by Lee Cowan. Featured: Birthright citizenship; the Theodore Roosevelt Presidential Library unveiled; Shooter Jennings releases recordings by his father, Waylon Jennings; comedian John Mulaney; childhood obesity; and the secrets of seahorses and seadragons.
The FBI, NYPD and the U.S. Attorney's Office for the Southern District of New York carried out searches across New York City Wednesday as part of a bribery investigation into current and former members of the NYPD. The searches stem from an ongoing investigation into the conduct of former NYPD chief of department Jeffrey Maddrey, a source says. CBS News' Anna Schecter has more.
Mo Strategies, a firm linked to President Trump, is lobbying for pardons, according to a CBS News investigation. CBS News' Gabe Kaminsky has more.
Frank Carone, the former chief of staff to former New York City Mayor Eric Adams, was arrested as part of a federal bribery probe, sources say. Meanwhile, the FBI and NYPD are investigating former NYPD officials for bribery. CBS News' Anna Shecter has more.
DNA testing has identified a suspect in the 2005 murder of Daniel Zeisler in Las Vegas, according to a forensic lab.
Despite repeated warnings, many drone operators are allegedly violating flight restrictions near World Cup sites, the TSA says. Meanwhile, more drones are being integrated into the U.S. national airspace and military operations. Drone expert Tombo Jones joins "CBS News 24/7 Mornings" to comment on drone technology.
The featherweight pair — orbiting a star 1,110 light-years away — are the biggest exoplanets found to have less density than cotton candy.
Euclid is on a mission to chart one-third of the sky in the hopes of shedding light on the enduring mysteries of dark matter and dark energy.
Exactly where the comet 3I/ATLAS came from within the Milky Way remains a mystery.
The "Pink Planet," formally known as GJ504b, was discovered in 2013 and is technically not a planet but rather a "planetary-mass companion."
NASA's Jared Isaacman says the crew was selected solely based on their experience, expertise and availability for flight assignment.
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Summer is the time to enjoy live music, indoors and out. Scroll through our gallery of some of 2026's leading musical acts, featuring images by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
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.
The consecutive earthquakes that rattled Venezuela sent buildings crashing to the ground and killed dozens on Wednesday night. Emergency rescue crews are still searching for survivors. CBS News' Jarred Hill has the latest, and Northwestern University professor Emile Okal explains how the quakes caused so much devastation.
President Trump canceled the signing ceremony for a bipartisan housing affordability bill and demanded that Congress pass the SAVE Act, a voter identification bill, first. CBS News' Taurean Small reports, and Massachusetts Democratic Rep. Stephen Lynch joins "CBS Morning News" to discuss how the bipartisan housing bill would help Americans.
Temperatures have topped 100 degrees in parts of France and the U.K. amid a record-breaking heat wave in Europe. As people seek relief, air conditioning is still a rare option. Chris Livesay reports.
Dozens are dead and hundreds are injured following devastating earthquakes in Venezuela. Secretary of State Marco Rubio spoke to the press about emergency efforts, saying that the U.S. and other countries would send aid and assist with search-and-rescue operations.
For the United States' 250th birthday, Sunday Morning asked dozens of notable Americans, from Jason Alexander and Ken Burns to Misty Copeland, what they considered to be our country's essential songs. This is the Essential American Songbook: 90 contributors and 250 songs. Here's a sample.