New report on credit debt released
A record number of Americans are now carrying credit card debt that they can't pay down, a new report finds. CBS News MoneyWatch reporter Megan Cerullo has more.
Credit Card Debt
Record share of Americans carry credit card debt, can't pay off bills
About 111 million Americans are carrying credit card balances, a 17% increase in five years, new research shows.
Can Trump cap credit card rates?
President Trump says he wants to cap credit card interest rates at 10% for a year by Jan. 20. CBS News business analyst Jill Schlesinger breaks down if the president has the ability to cap rates and what it would mean for you.
Analyzing latest economic data
Layoffs across the U.S. soared last month, marking the worst October cuts in 22 years, according to the firm Challenger, Gray and Christmas. CBS News MoneyWatch correspondent Kelly O'Grady breaks it down.
Tips to pay off your debt
A new Federal Reserve report shows total household debt is more than $18 trillion, which is equivalent to nearly half the size of the U.S. economy. CBS News business analyst Jill Schlesinger has tips to help you cut down on your debt.
Why some families give kids credit cards
More parents are getting a head start on establishing their kids' credit ratings. CBS News national consumer correspondent Ash-Har Quraishi reports.
Tips for paying off credit card debt
U.S. credit card debt is hitting near-record highs. Stefanie O'Connell Rodriguez, a financial advice writer, joins CBS MoneyWatch with tips on how to manage your debt. (Sponsored by AT&T Business)
Americans struggling with credit card debt
A report from the Philadelphia Federal Reserve shows a record-high number of Americans are only paying the minimum monthly payment on their credit card bills, peaking at nearly 11% of all accounts in the third quarter of 2024. Ted Rossman, senior industry analyst at Bankrate, joined CBS News to discuss the issue.
Most Americans can't afford a $1,000 emergency expense, report finds
Nearly 60% of Americans don't have enough money put away to handle common financial emergencies, according to Bankrate.
Tips for paying off debt
With nearly half of Americans carrying credit card balances month-to-month, CBS News business analyst Jill Schlesinger provides tips on how to pay down debt.
Impact of increase in credit card defaults
New data shows rising default rates on credit card loans. Card lenders wrote off $46 billion in debt in the first nine months of the year, the highest since 2010. CBS News MoneyWatch correspondent Kelly O'Grady explains the alarming data.
Senate GOP members fight for leadership role
CBS News estimates that control of the House of Representatives is lean Republican. Meanwhile, the GOP flipped the Senate with longtime leader Mitch McConnell stepping down from the role. CBS News congressional correspondent Nikole Killion has more.
Here's how the Fed's rate cut could impact your credit card balance
The Fed has slashed borrowing costs for the first time in more than four years. Here's how that would impact people with credit card balances.
Nearly half of Americans don't know their credit card APRs
Here's how not knowing what your credit card interest rate is can hurt you financially.
U.S. consumers rack up record $1.14 trillion in credit card debt
Consumers tacked on an additional $27 billion in credit card spending in the second quarter, the Federal Reserve Bank of New York said.
Judge halts plan to cap credit card late fees
A federal judge in Texas Friday temporarily halted a Biden administration rule that would cap credit card late fees at $8, about a quarter of what they are now. Credit card companies receive about $14 billion in late fee payments per year, according to the Consumer Financial Protection Bureau. Elise Preston has more.
Biden administration caps credit card late fees at $8
The Biden administration has introduced a rule capping credit card late fees at a maximum of $8, a sharp decrease from the current $32 average. This comes as a new task force is set to address illegal and unfair pricing practices in essential sectors like groceries, prescription drugs, health care and housing. CBS News business analyst Jill Schlesinger offers an in-depth analysis of what these changes mean for consumers.
Biden announces credit card late fee cap of $8
President Biden on Tuesday announced credit card late fees will be capped at $8, down from around $32. Nikki Battiste has the details.
Credit card debt in the U.S. soars to a new record. Here's why.
Credit card debt hit a record $1.13 trillion at the end of 2023, while delinquencies have surged more than 50% from a year ago.
1 in 3 Americans have more credit card debt than emergency savings
If faced with a sudden loss of income, more than half of Americans say they worry they wouldn't have enough savings to cover a month's living expenses.
56 million credit cardholders have been in debt for at least a year
American consumers' combined outstanding credit card balances hit a record $1 trillion in 2023, miring many people in debt.
Shoppers opened their wallets this holiday, defying fears of pullback
U.S. economy continues to plow ahead, as holiday shoppers shell out more on gifts this year than predicted.
Rate hike pause could be good for your 401(k)
An end to the interest rate hike cycle may be in sight with inflation cooling. Al Root, a senior writer at Barron's, breaks down how the rate hike pause could positively impact your retirement savings plans.
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 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.
Live
Trump says rescued U.S. airman was "seriously wounded," vows to hit Iran's power plants
As the Iran war passes the five-week mark, President Trump hailed the rescue of a U.S. airman who was missing for days inside Iran — and threatened to hit power plants if Iran doesn't let the Strait of Hormuz open.
Missing U.S. crew member from downed fighter jet rescued in Iran, Trump says
A U.S. crew member who went missing when an F-15E fighter jet was shot down over a remote area of Iran has been rescued by U.S. forces.
Despite toilet trouble, Artemis II crew reflects on wonder of deep space experience
Amid ongoing toilet trouble, the Artemis II astronauts reflected on the wonder of sailing through deep space to the moon.
Family of Iran military leader Soleimani has U.S. residence visas revoked
Hamideh Soleimani Afshar and her daughter were granted U.S. asylum in 2019, but the government is now moving to strip them of their green cards.
U.S. drawn deeper into war, as Trump calls for Iran to accept a deal
While President Trump threatens to bomb Iran "back to the stone ages" if they do not agree to a deal to end the war, some experts tell CBS News that the continuing war will likely make the regime in Tehran more determined to build a nuclear weapon.
Ousted Army chief of staff says soldiers deserve "courageous leaders" in email
Defense Secretary Pete Hegseth asked George to step down and take immediate retirement, CBS News exclusively reported earlier this week.
Secret Service investigating overnight gunfire near White House
No injuries were reported and a suspect was not located following a search of the area, the Secret Service said.
Pope Leo calls for hope amid global conflicts on his first Easter as pontiff
Pope Leo XIV celebrated his first Easter Mass as pontiff, urging hope against the violence of war.
Driver charged with DWI after vehicle crashes into crowd at Louisiana parade
Officials said the incident does not appear to be an intentional act based on a preliminary investigation.
U.S.
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Secret Service investigating overnight gunfire near White House
No injuries were reported and a suspect was not located following a search of the area, the Secret Service said.
See which stores are open and closed for Easter 2026
Some major retailers and other stores will close their doors on Easter, so it's best to plan ahead. Here's what to know.
Missing U.S. crew member from downed fighter jet rescued in Iran, Trump says
A U.S. crew member who went missing when an F-15E fighter jet was shot down over a remote area of Iran has been rescued by U.S. forces.
Robbery reveals sinister plot to kill a man with a root beer float
When Harold Allen died suddenly in his home in Freetown, Indiana, no one suspected anything out of the ordinary. Nine months later, a burglary at his home would lead to a murder investigation and an unusual weapon.
Would Michigan investigators be able to prove murder in a case without a body?
After Dee Warner, a Michigan businesswoman and mother, disappeared from her home, her family believed she has been murdered and suspected her husband Dale Warner. But without physical evidence, they knew it would be hard to prove.
MoneyWatch
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See which stores are open and closed for Easter 2026
Some major retailers and other stores will close their doors on Easter, so it's best to plan ahead. Here's what to know.
Sauté pans sold at Costco recalled after metal caps "forcefully eject"
One consumer reported sustaining bruising and burn injuries.
Chicago Fed's Goolsbee says he sees inflation as risk to 2026 rate cuts
Goolsbee, president of the Federal Reserve Bank of Chicago, said mounting inflation risks "complicates the picture" on interest rates.
3 ways the Iran war is hitting Americans' pocketbooks
U.S. consumers are starting to feel the financial impact of the Iran war. Here's how the conflict is seeping into the economy.
3.1 million bottles of eye drops sold at Walgreens, CVS are recalled
The eye drops — sold under multiple brands — have been recalled over concerns about sterility, according to the FDA.
Politics
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Transcript: NASA's Jared Isaacman on "Face the Nation with Margaret Brennan," April 5, 2026
The following is the full transcript of an interview with NASA Administrator Jared Isaacman that aired on "Face the Nation with Margaret Brennan" on April 5, 2026.
Transcript: Gen. Frank McKenzie on "Face the Nation with Margaret Brennan," April 5, 2026
The following is the full transcript of an interview with retired Gen. Frank McKenzie, former commander of U.S. Central Command, that aired on "Face the Nation with Margaret Brennan" on April 5, 2026.
Secret Service investigating overnight gunfire near White House
No injuries were reported and a suspect was not located following a search of the area, the Secret Service said.
Transcript: Maryland Gov. Wes Moore on "Face the Nation with Margaret Brennan," April 5, 2026
The following is the full transcript of an interview with Maryland Democratic Gov. Wes Moore, which will air on "Face the Nation with Margaret Brennan" on April 5, 2026.
Missing U.S. crew member from downed fighter jet rescued in Iran, Trump says
A U.S. crew member who went missing when an F-15E fighter jet was shot down over a remote area of Iran has been rescued by U.S. forces.
HealthWatch
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Scientist with rare ALS genetic mutation looks to experimental treatment
Every few months for the past three years, Jeff Vierstra has been receiving infusions in his spine that target and disable a mutated gene that made it likely he would develop ALS.
New ALS treatment brings hope to patients
"CBS Saturday Morning" looks at an experimental treatment for amyotrophic lateral sclerosis, or Lou Gehrig's disease, that is bringing hope to some patients suffering from the neurodegenerative disease. To inquire about possible participation in Silence ALS, an initiative to develop individualized gene-based therapies for patients with other rare genetic forms of ALS, please write to silenceals@cumc.columbia.edu.
He thought he was in good health — until fainting during a bike ride
John Cantrell was enjoying his retirement until an unexpected condition forced him to choose between two kinds of heart surgery.
HHS announces national program to study effect of microplastics on humans
The Environmental Protection Agency also added microplastics to its contaminant candidate list for the first time.
FDA approves Eli Lilly weight loss pill
The FDA approved a new GLP-1 drug from Eli Lilly. Dr. Jon LaPook breaks it down.
World
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How archaeology turns political in the West Bank
Archaeologists, residents and government officials talk about how uncovering and preserving centuries-old sites and artifacts in Israel and the West Bank also serves to highlight contemporary disputes over ownership rights, and concerns about history being erased.
British Prime Minister criticizes London festival for booking Kanye West
British Prime Minister Keir Starmer said he was concerned about Kanye West's planned appearances at a London festival, given the rapper's past antisemitic remarks.
Divine art: Inside the Vatican's Mosaic Studio
For hundreds of years, St. Peter's Basilica has been adorned by mosaics – millions of tiny colored tiles melted and fashioned into astonishing art – created using tools and techniques dating back centuries.
U.S. drawn deeper into war, as Trump calls for Iran to accept a deal
While President Trump threatens to bomb Iran "back to the stone ages" if they do not agree to a deal to end the war, some experts tell CBS News that the continuing war will likely make the regime in Tehran more determined to build a nuclear weapon.
British royals attend Easter service without Andrew
The service marked the family's first appearance together since the arrest of former Prince Andrew.
Entertainment
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Entertainment
4/5: Sunday Morning
Hosted by Jane Pauley. Featured: The Vatican's Mosaic Studio; a fight over history at West Bank archaeological sites; Dan Levy on his new series "Big Mistakes"; the creative talents behind "Hacks"; the latest on the Artemis II lunar mission; the works of Renaissance artist Raphael; and the beauty of moss.
The sublime perfection of Raphael
One of the greatest artists of the Italian Renaissance is now the subject of the first comprehensive exhibition of his work ever in the United States, at the Metropolitan Museum of Art in New York City.
Extended Interview: Jean Smart
In this web exclusive, Jean Smart, the Emmy-winning star of "Hacks," talks with correspondent Tracy Smith about filming the final season of her HBO series.
Inside the final season of "Hacks"
The Emmy-winning HBO comedy "Hacks," about the travails of comedian Deborah Vance and her writer, Ava, is launching its fifth and final season. Correspondent Tracy Smith talks with stars Jean Smart and Hannah Einbinder about saying goodbye to roles that were a match made in comedy heaven. Smith also talks with the show's co-creators: Jen Statsky, Paul W. Downs and Lucia Aniello (who describes directing one episode while in labor).
British Prime Minister criticizes London festival for booking Kanye West
British Prime Minister Keir Starmer said he was concerned about Kanye West's planned appearances at a London festival, given the rapper's past antisemitic remarks.
Technology
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The $100,000 H-1B visa fee is impacting the U.S.'s ability to attract global talent
According to numbers from U.S. Citizenship and Immigration Services, more than 70% of H-1B visa holders in 2024 were Indian.
New film on risks and rewards of AI
"CBS Mornings" sits down with Tristan Harris, co-founder and president of the Center for Humane Technology, who is featured in the 2026 documentary, "The AI Doc: Or How I Became an Apocaloptimist."
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.
Inside Apple's relationship with China
CBS News contributor Patrick McGee joins "The Daily Report" to discuss the codependent relationship between Apple and China, a country that manufactures hundreds of millions of iPhones every year.
Jamie Dimon: JPMorgan could offer prediction market services to investors
The JPMorgan Chase CEO said the bank may one day introduce prediction market features, but said "there's a bunch of stuff we won't do" in that space.
Science
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Science
Artemis II astronauts speak during historic lunar mission
On Monday, the astronauts aboard the Artemis II spacecraft will loop around the Moon's far side, part of a mission pushing human beings farther from Earth than anyone has ever been. Correspondent Mark Strassmann talked with commander Reid Wiseman, pilot Victor Glover, and mission specialists Christina Koch and Jeremy Hansen as the crew was about 180,000 miles from home, preparing for their historic lunar flyby.
Artemis II crew begins "crazy first day" in space after exhilarating launch
NASA's Artemis II astronauts will spend about 24 hours orbiting the Earth and running checks on their spacecraft and life support systems before heading to the moon.
CBS News studio shakes as Artemis II launches
Four astronauts are traveling around the moon on Artemis II, going further from Earth than anyone before. CBS News' Mark Strassmann and Peter King have more.
What Artemis II astronauts will do in space
Former NASA astronaut Clayton Anderson joins CBS News to discuss what the Artemis II astronauts will do as they orbit the Earth after takeoff.
How Artemis II crew will sleep in space
Members of the Artemis II crew will be the first people to sleep inside the Orion spacecraft. CBS News' Kris Van Cleave has more on how they'll do that.
Crime
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Robbery reveals sinister plot to kill a man with a root beer float
When Harold Allen died suddenly in his home in Freetown, Indiana, no one suspected anything out of the ordinary. Nine months later, a burglary at his home would lead to a murder investigation and an unusual weapon.
Would Michigan investigators be able to prove murder in a case without a body?
After Dee Warner, a Michigan businesswoman and mother, disappeared from her home, her family believed she has been murdered and suspected her husband Dale Warner. But without physical evidence, they knew it would be hard to prove.
Man arrested at retirement home for wife's murder decades earlier
Janice Randle was found dead in her bed in 1992, but police couldn't make an arrest in the case until new information emerged.
From 1996: FBI arrests suspected Unabomber
On April 3, 1996, the FBI arrested Theodore Kaczynski in the Unabomber case, ending one of the longest and most intense manhunts in U.S. history. Watch CBS News' coverage from that day.
More on Pam Bondi's firing
President Trump's firing of Attorney General Pam Bondi is raising questions about their dynamic in the months prior. CBS News' Weijia Jiang reports.
Space
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Despite toilet trouble, Artemis II crew reflects on wonder of deep space experience
Amid ongoing toilet trouble, the Artemis II astronauts reflected on the wonder of sailing through deep space to the moon.
Moon-bound Artemis II astronauts enjoy a relaxed day in space
The Artemis II astronauts continued their long coast to the moon, capturing stunning photos along the way.
NASA shares first photos of Earth taken by Artemis II
The photo shows the entire planet, as well as the Northern and Southern lights.
Artemis II crew clears Earth orbit, heads for the moon
The engine firing provided a slingshot-like boost to the Orion capsule, speeding it to 24,500 mph, the velocity needed to break free of Earth's gravitational clasp for a trek to the moon.
Artemis II crew begins "crazy first day" in space after exhilarating launch
NASA's Artemis II astronauts will spend about 24 hours orbiting the Earth and running checks on their spacecraft and life support systems before heading to the moon.
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.
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
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Latest CBS News Videos
4/5: Sunday Morning
Hosted by Jane Pauley. Featured: The Vatican's Mosaic Studio; a fight over history at West Bank archaeological sites; Dan Levy on his new series "Big Mistakes"; the creative talents behind "Hacks"; the latest on the Artemis II lunar mission; the works of Renaissance artist Raphael; and the beauty of moss.
Gov. Moore criticizes Iran war and impact on prices
Maryland Gov. Wes Moore criticized President Trump's handling of the Iran war on "Face the Nation." He told CBS News' Ed O'Keefe he's looking for "some clarity" about the war's goals, and warned it has driven up prices.
Retired Gen. McKenzie on rescue of U.S. airman
Retired Gen. Frank McKenzie offered some takeaways from the daring rescue of a U.S. airman in Iran on "Face the Nation." He told CBS News' Ed O'Keefe the mission was successful -- and could deliver a "hard lesson for Iran."
American rescued in Iran after massive search
A second U.S. airman whose fighter jet was downed by Iran was rescued after a search-and-rescue effort by dozens of American commandos. Charlie D'Agata reports on the daring mission and the latest in the Iran war.
Open: "Face the Nation," April 5, 2026
This week in "Face the Nation with Margaret Brennan," Ed O'Keefe speaks with Maryland Gov. Wes Moore, Archbishop Timothy Broglio and Gen. Frank McKenzie about the Iran war. NASA Administrator Jared Isaacman joins to discuss the Artemis II mission, plus a panel on this week's political news.