Retail credit card APRs rise to record highs, topping 30%
According to a Bankrate survey, the average retail card APR is now 28.93%, with some retail credit cards charging 32.24%.
Credit Card Debt
Credit card APRs are surging ever higher. Here's how to get a lower rate.
More than a third of credit cards now carry APRs of nearly 30%. But to get a lower rate, often all you have to do is ask.
Republican lawmaker proposes 18% cap on credit card interest rates
U.S. Senator Josh Hawley's bill comes as Americans have been saddled with more than $1 trillion in credit card debt.
Are medical credit cards worth it?
More Americans are turning to medical credit cards as they struggle to pay for medical bills, according to a new survey from the Consumer Financial Protection Bureau. CBS News MoneyWatch associate managing editor Aimee Picchi explains how the cards could impact your credit.
Why U.S. credit card debt increased
U.S. credit card debt surpassed $1 trillion this week, according to new data from the Federal Reserve Bank of New York. Michelle Lambright Black, the founder of creditwriter.com, explained the factors contributing to the increase in credit card debt among Americans and provided tips on how to pay down the balances.
Credit card debt across U.S. tops $1 trillion
Credit card debt in America has reached a new high, surpassing $1 trillion for the first time according to a new report from the Federal Reserve. The Fed says about $45 billion of that debt was added just in the last few months. Jennifer Streaks, senior personal finance reporter for Insider, joined CBS News to discuss what this means for the economy.
America in a credit card debt crisis
Americans are racking up all-time high levels of credit card debt. Ted Rossman, senior industry analyst for CreditCards.com, has tips if you're struggling with high balances.
When to take a break from credit cards
Cash back, rewards points and delayed payment options can make credit cards seem extremely attractive, but they can lead to serious consequences if not monitored properly. NerdWallet Personal finance expert Kimberly Palmer has more on when you might want to consider a credit card hiatus.
Buried in credit card debt? Here's how to dig your way out.
With annual percentage rates topping 20%, it's more important than ever to lower your credit card debt. These tips can help.
Americans have $986 billion in credit card debt
Americans now carry a record $986 billion worth of credit card debt, according to numbers from the Federal Reserve Bank of New York. CBS News MoneyWatch reporter Megan Cerullo explained the reasons behind the staggering number, and shared tips for reducing your debt.
How a U.S. debt default could impact your money
"It's hard to overstate how bad it would be," one expert said. Everything from Social Security payments to your retirement fund could get hit.
Amid record high APRs, what's a good credit card interest rate?
Before applying for new plastic, look for offers in this range. And be willing to negotiate.
Americans racked up record credit card debt in February
American consumers paid down a substantial portion of credit-card debt in the pandemic, but have now reversed themselves.
Average credit card interest rate hits record high
With average APR near 21%, now is the time to pay off credit card debt as it becomes costlier to carry.
How to approach credit card perks, debt
Spending and inflation have sent credit card debt soaring to a record high of nearly a trillion dollars, and credit card companies are offering perks to try to get more people to sign up. Javier E. David, a CBS News contributor and the managing editor for business and markets at Axios, joined Vladimir Duthiers and Anne-Marie Green to discuss what customers need to look out for.
Americans in their 30s struggle with debt
Americans in their 30s are struggling with mounting debt, surpassing other age groups, and rising interest rates are making it harder to pay the bills. CBS News' Tony Dokoupil and Lilia Luciano are joined by Yahoo Finance reporter Akiko Fujita.
Americans are saving less and being buried in credit card debt
About 36% of survey respondents said they have more credit card debt than emergency savings, up from 22% a year ago.
MoneyWatch: How to lower credit card debt
Personal finance columnist Michelle Singletary joins CBS News' Errol Barnett and Elaine Quijano to offer some tips for lowering credit card debt as consumers grapple with inflation and rising interest rates.
"Buy now, pay later" programs make it easy to rack up debt fast
The programs can be used on everything from groceries to weddings. But missing a payment could cost you.
Maine Democrats pick Troy Jackson to replace Platner on Senate ballot
Maine Democrats gathered Saturday to select former state Senate President Troy Jackson as the Senate nominee to replace Graham Platner on the ballot.
Live
Iran-backed Houthis step up conflict with Saudis by targeting oil facilities
The Iran-backed Houthi rebels in Yemen said they targeted two oil facilities in Saudi Arabia owned by Aramco on Saturday.
Trump cracks jokes at White House Correspondents' Dinner redo
President Trump cracked jokes at the redo of the White House Correspondents' Dinner on Friday night, after an armed assailant upended April's dinner.
Substance in work van of man killed by ICE tested negative for drugs, prosecutor says
A substance found in the work van of a Mexican immigrant killed by an Immigration and Customs Enforcement agent has tested negative for illicit drugs, the top prosecutor in Houston said Friday.
Wildfires in France and Spain force more than 267,000 to flee
The fires in Spain and France advanced quickly because of tinderbox conditions worsened by successive heat waves.
Trump orders signs placed outside Smithsonian warning of "inaccurate" information
President Trump ordered federal officials to install signs outside the National Museum of American History that correct what he says is "inaccurate" information presented by the institution about American history.
Trump flew from Turkey on older plane after credible threat from Iran and proxies
President Trump departed the NATO summit in Turkey on an old Air Force One jet following a credible threat from Iran and allied proxy groups, U.S. officials told CBS News.
Tony Romo arrested in Wisconsin on suspicion of driving while intoxicated
The Milwaukee County Sheriff's Office said Romo was pulled over around 6 p.m. on Thursday.
India education minister resigns after weeks of "Cockroach" protests
India's education minister resigned Saturday after weeks of protests that demanded his removal over irregularities in the education system.
U.S.
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Man, 83, who went missing near Grand Canyon rescued after overnight search
Multiple teams worked to find and rescue Gerald Guinn, 83, after he disappeared during a hike near the Grand Canyon.
ChatGPT now has a space for sharing medical records. Should you?
OpenAI announced a dedicated space in ChatGPT for sharing medical records, Health in ChatGPT. Health and AI experts lay out the pros and cons.
SpaceX's Super Heavy-Starship blasts off on 13th test flight
An upgraded version of the world's most powerful rocket is key to landing NASA astronauts on the moon in the agency's Artemis program.
Trump orders signs placed outside Smithsonian warning of "inaccurate" information
President Trump ordered federal officials to install signs outside the National Museum of American History that correct what he says is "inaccurate" information presented by the institution about American history.
Canada's Doug Ford on why country needs to "fight back" against Trump trade war
"We didn't start this war," Ontario Premier Doug Ford told CBS News on "The Takeout."
MoneyWatch
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Paramount to delay Warner Bros. merger until as late as June 2027
Paramount Skydance on Friday said it would delay the deal until as late as June 2027.
Trump says U.S. to investigate EU trade practices over tech company fines
President Trump accused the European Union of "robbing" American companies and taxpayers.
Here is how cyclospora outbreak is affecting businesses
Visits to fast casual restaurants with lettuce-heavy menus are seeing declining foot traffic in the wake of the cyclosporiasis outbreak.
Ford recalls more than half a million Bronco vehicles over engine fire risk
A short circuit in the engine compartment can potentially cause a fire. Here's the fix.
Here are the new tariff rates on dozens of countries targeted by Trump
President Trump announced new tariffs of up to 12.5% to replace expiring Section 122 levies. Here are the rates for each country.
Politics
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Maine Democrats pick Troy Jackson to replace Platner on Senate ballot
Maine Democrats gathered Saturday to select former state Senate President Troy Jackson as the Senate nominee to replace Graham Platner on the ballot.
Substance in work van of man killed by ICE tested negative for drugs, prosecutor says
A substance found in the work van of a Mexican immigrant killed by an Immigration and Customs Enforcement agent has tested negative for illicit drugs, the top prosecutor in Houston said Friday.
Trump orders signs placed outside Smithsonian warning of "inaccurate" information
President Trump ordered federal officials to install signs outside the National Museum of American History that correct what he says is "inaccurate" information presented by the institution about American history.
Trump flew from Turkey on older plane after credible threat from Iran and proxies
President Trump departed the NATO summit in Turkey on an old Air Force One jet following a credible threat from Iran and allied proxy groups, U.S. officials told CBS News.
Canada's Doug Ford on why country needs to "fight back" against Trump trade war
"We didn't start this war," Ontario Premier Doug Ford told CBS News on "The Takeout."
HealthWatch
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Grandfather with pancreatic cancer beats the odds with clinical trial
Hernando Salcedo was diagnosed with Stage III pancreatic cancer after mild symptoms. Chemotherapy made him feel worse than before his diagnosis.
ChatGPT now has a space for sharing medical records. Should you?
OpenAI announced a dedicated space in ChatGPT for sharing medical records, Health in ChatGPT. Health and AI experts lay out the pros and cons.
Here is how cyclospora outbreak is affecting businesses
Visits to fast casual restaurants with lettuce-heavy menus are seeing declining foot traffic in the wake of the cyclosporiasis outbreak.
"The child is terrified": Doctors on front lines of measles comeback speak out
Confirmed measles cases in the U.S. just hit a 35-year high, and it's only July.
Cyclospora outbreak linked to iceberg lettuce expands to 4 more states
The cyclosporiasis outbreak, the nation's largest, is currently affecting nine states.
World
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China evacuates over 340,000 and cancels flights ahead of Typhoon Noul
Typhoon Noul is battering southern China and Hong Kong with winds and heavy rain.
Small plane crashes into family home in Germany, killing at least 1
The residents of the house were not home at the time of the crash, German news agency dpa reported.
Wildfires in France and Spain force more than 267,000 to flee
The fires in Spain and France advanced quickly because of tinderbox conditions worsened by successive heat waves.
India education minister resigns after weeks of "Cockroach" protests
Movement organizers said the government had accepted their remaining demands and called off future protests.
Trump flew from Turkey on older plane after credible threat from Iran and proxies
President Trump departed the NATO summit in Turkey on an old Air Force One jet following a credible threat from Iran and allied proxy groups, U.S. officials told CBS News.
Entertainment
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Paramount to delay Warner Bros. merger until as late as June 2027
Paramount Skydance on Friday said it would delay the deal until as late as June 2027.
Tilly Norwood's creator insists the AI actor is creating Hollywood jobs
The robot actor is generating work for Hollywood creatives, not stealing jobs from actors, her inventor tells CBS News.
From the archives: Legendary late-night producer Peter Lassally
Peter Lassally, the fabled TV executive for such late-night hosts as Johnny Carson and David Letterman, and a mentor for many rising comedians, died July 19, 2026 at age 93. In this March 11, 2018 "Sunday Morning" profile, correspondent Mo Rocca talked with Lassally (affectionately dubbed "The Host Whisperer") about working with the kings of late-night. Lassally also talks about his childhood, part of which was spent in Nazi concentration camps, and also about whether he has had joy in his life.
Aisha Tyler on "Criminal Minds" journey
"Criminal Minds" star Aisha Tyler was only supposed to be in six episodes of the show, but her journey on the series has now spanned over a decade. She tells "CBS Mornings" how her role has impacted her in real life and what it was like to work with guest star Connor Storrie from "Heated Rivalry."
James Norton talks "House of the Dragon"
Actor James Norton describes what it is like to play a villain in "House of the Dragon," which is a prequel to "Game of Thrones" and reveals which scene made him nearly faint during shooting.
Technology
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Technology
Where to get the latest CBS Mornings Deals
On this edition of CBS Mornings Deals, we show you items that will help improve your everyday lifestyle. Visit cbsdeals.com to take advantage of these exclusive deals today. CBS earns commissions on purchases made through cbsdeals.com.
SpaceX launches first rocket since IPO
Elon Musk's aerospace company, SpaceX, launched its massive Starship rocket in its first test flight since the company went public. Since achieving the largest IPO in history, SpaceX's stock has dropped drastically. Mark Strassmann takes a look.
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.
ChatGPT now has a space for sharing medical records. Should you?
OpenAI announced a dedicated space in ChatGPT for sharing medical records, Health in ChatGPT. Health and AI experts lay out the pros and cons.
Lawmakers weigh AI "kill switch"
Days after OpenAI revealed one of its models went rogue and hacked into another company's servers, House lawmakers are considering a bill that would allow the federal government to effectively shut down models that may put the public at risk. Jo Ling Kent explains.
Science
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Science
Nearly 30 beluga whales sent to the U.S.
Nearly 30 beluga whales were sent to aquariums across the U.S. in a multinational emergency operation after their home aquarium in Canada shuttered. Jared Ochacher reports.
SpaceX launches first rocket since IPO
Elon Musk's aerospace company, SpaceX, launched its massive Starship rocket in its first test flight since the company went public. Since achieving the largest IPO in history, SpaceX's stock has dropped drastically. Mark Strassmann takes a look.
Wildfire smoke continues to shroud U.S.
Millions of people are enduring dangerous air quality as Canadian wildfire smoke shrouds the skies. Jonathan Overpeck, dean of the School for Environment and Sustainability at the University of Michigan, explains how climate change is worsening wildfires.
How AI data centers impact the environment
New York has become the first state to impose a temporary moratorium on data center development while state lawmakers lay the groundwork to assess environmental and social impacts. Dr. Mike Weinstein, the director of sustainability at Southern New Hampshire University, explains what we know about the wider environmental impact data centers.
Russian Soyuz rocket launches fresh crew to space station
The new crew will replace three other Soyuz fliers wrapping up a 240-day stay aboard the International Space Station.
Crime
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Crime
WHCA scholarship recipients relive shooting
Kaitlin Bender-Thomas and Madison Maynard, two White House Correspondents' Association scholarship recipients, join "The Daily Report" to reflect on April's terrifying shooting ahead of the rescheduled dinner.
High security for correspondents' dinner
The White House Correspondents' Dinner will have a redo in Washington, D.C., on Friday night, after the original event was interrupted in April when a gunman stormed in. It'll be a scaled-down event with scaled-up security. Nicole Sganga reports.
Georgia school shooting suspect pleads guilty
Nearly two years after a school shooting at Georgia's Apalachee High School, a 16-year-old pleaded guilty to killing two fellow students, two teachers and wounding nine other people in Georgia. Jericka Duncan reports.
Judge to decide on D4vid's murder trial
A judge is set to decide whether to move forward with a jury trial of singer D4vid in the case of 14-year-old Celeste Rivas Hernandez's murder after the doctor who performed her autopsy delivered a disturbing testimony in a preliminary hearing. Adam Yamaguchi has more.
Upper West Side double stabbing suspect facing hate crime charges
The suspect in Thursday's double stabbing on New York City's Upper West Side has been charged with attempted murder as a hate crime, among other things.
Space
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SpaceX's Super Heavy-Starship blasts off on 13th test flight
An upgraded version of the world's most powerful rocket is key to landing NASA astronauts on the moon in the agency's Artemis program.
Meteorite that hit home contains "alien world chemistry," experts say
When scientists examined the preserved fragments of a meteorite that crashed in 2024, they found brine-like fluids and key molecules.
Russian Soyuz rocket launches fresh crew to space station
The new crew will replace three other Soyuz fliers wrapping up a 240-day stay aboard the International Space Station.
Astronomers discover sugar in space that's also found in raspberries
The sugar, called erythrulose, lurks in what's called the interstellar medium: thin clouds of gas and dust littered between stars.
Telescope spots most distant quasars ever discovered
Quasars — the brightest objects in the universe — are powered by supermassive black holes at the heart of early galaxies.
Latest Galleries
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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.
Photos show celebrations at Obama Presidential Center
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
Summer music highlights of 2026
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.
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?
Timeline: The disappearance of George Smith
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Latest CBS News Videos
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Latest CBS News Videos
The Dish: Jack's Wife Freda
Dean and Maya Jankelowitz aim to serve up a tradition of food, family, and grandmotherly magic at Jack's Wife Freda, their New York City restaurant chain. Their signature comfort food keeps New Yorkers and tourists coming back for more.
The history behind California Pizza Kitchen
California Pizza Kitchen co-founder o joins "CBS Saturday Morning" to discuss the history of the franchise and his new memoir; "The California Pizza Kitchen Story: How Two Federal Prosecutors Changed the Way America Eats Pizza."
Nearly 30 beluga whales sent to the U.S.
Nearly 30 beluga whales were sent to aquariums across the U.S. in a multinational emergency operation after their home aquarium in Canada shuttered. Jared Ochacher reports.
How to buy a home as cost soars
With home costs soaring, many wonder whether newly signed bipartisan housing legislation will have any impact on homebuyers. Jill Schlesinger has more information.
Where to get the latest CBS Mornings Deals
On this edition of CBS Mornings Deals, we show you items that will help improve your everyday lifestyle. Visit cbsdeals.com to take advantage of these exclusive deals today. CBS earns commissions on purchases made through cbsdeals.com.