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 Cards
Tips for raising your credit score
"CBS Saturday Morning" dives into ways people can raise and maintain their credit score.
Luna pushes for bill capping credit card rates
Earlier this month, President Trump ordered banks to lower credit card interest rates to 10%. Nothing has happened because legislation is required. Republican Rep. Anna Paulina Luna of Florida joined CBS News to discuss her bill with Democratic Rep. Alexandria Ocasio-Cortez that would codify the 10% cap.
Trump pushes credit card interest rates cap
President Trump is pushing for a 10% interest rate cap for credit cards. CBS News' Jill Schlesinger breaks down the implications.
Bilt offers credit cards with 10% APR after Trump proposes interest cap
FIntech company Bilt pounced on the opportunity to roll out low-APR credi cards, as big banks push back on proposed rate cap.
What Trump's 10% credit card rate cap would mean for consumers
Capping credit card interest rates at 10% could save consumers billions of dollars, but potentially hurt lower-income Americans, experts said.
Possible impacts from 10% credit card rate cap
The Dow Jones fell nearly 400 points on Tuesday as traders reacted to President Trump's proposal to cap credit card interest rates at 10% for one year. Kristin Myers, ETF editor-in-chief at Asset TV, joins to discuss how the plan could impact borrowers if implemented.
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.
Trump urges credit card companies to slash interest rates to 10% for one year
President Trump called for a one-year cap on credit card interest rates late Friday, an idea that has drawn strong support from lawmakers in both parties but pushback from card issuers.
1/24: CBS Morning News
Trump to visit disaster areas in North Carolina, Southern California; Record-high number of U.S. credit card users only making minimum monthly payments.
What's open and closed on Thanksgiving? Here's what to know.
Shoppers will need to plan ahead as some grocery stores and retailers will be closed on Thanksgiving or have reduced hours.
Visa, Mastercard settlement could impact fees
A new settlement reached between Visa and Mastercard and retailers aims to slowly lower interchange fees, which are bank fees paid by merchants to process credit cards. CBS News business contributor Javier David breaks it down.
LendingTree founder and CEO Doug Lebda dies in ATV accident
Doug Lebda died on Sunday in an all-terrain vehicle accident, according to LendingTree.
The upsides and risks of "buy now, pay later"
More Americans are opting into "buy now, pay later" services when shopping. Ted Rossman, senior industry analyst at Bankrate, joins "The Takeout" to discuss the option.
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.
How parents are helping their young kids build credit scores
A mom of two young children told "CBS Mornings" how she's teaching her kids about financial responsibility while building their credit.
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.
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.
Last-minute holiday gift ideas
The days are winding down for you to get those holiday gifts. Jordyn Holman, business reporter for The New York Times, joins CBS News with some options you have in these final few days.
How to educate your kids about finances
Mellody Hobson, the co-CEO and president of Ariel Investments, discusses why it's important to talk with kids about money and how her childhood experiences helped shape her views.
Why DOJ says Visa monopolizes debit cards
The Justice Department sued Visa on Tuesday, accusing the credit card business of reaping big profits by shutting out rival payment processors and passing on costs to consumers. CBS News legal contributor Jessica Levinson joins to unpack the antitrust allegations and what they could mean for the credit giant.
Visa monopoly over debit cards hurts consumers and businesses, feds say
Visa exploits its market dominance to stifle competition, costing consumers and merchants billions in extra fees, feds allege in a lawsuit.
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.
Looking to save money? Try using cash for these 3 purchases.
With credit card debt reaching a record high, consumers looking to save a few bucks should reacquaint themselves with the virtues of cold, hard cash.
Gabbard sends criminal referrals to DOJ for 2 officials linked to Trump impeachment
The criminal referrals are over a complaint from a whistleblower that helped trigger President Trump's first impeachment.
Live
Trump says Iran war "close to over" amid push for new peace talks
With the Iran war paused halfway through a 2-week ceasefire, President Trump is again voicing optimism over the potential for a deal to end it for good.
Sotomayor apologizes for criticizing Kavanaugh over ICE arrests
Supreme Court Justice Sonia Sotomayor apologized Wednesday for publicly criticizing Justice Brett Kavanaugh, comments she said were "hurtful" and "inappropriate."
Trump admin set to launch tariff refund portal. Here's what to know.
A federal agency will open a portal on April 20 that lets businesses apply for a refund for Trump tariffs struck down by the Supreme Court.
Live Nation and Ticketmaster illegally monopolized big concert venues, jury rules
The lawsuit involved dozens of states that alleged Live Nation undermined competition and drove up ticket prices.
Exclusive
Courtroom interpreter held by ICE says she worked in U.S. legally for decades
Meenu Batra, a single mother, was detained at a Texas airport in mid-March. She has worked as a courtroom interpreter in the U.S. for more than 20 years.
As U.S. birth rate falls, Trump officials downplay contraception in Title X program
According to new CDC data, there were 3.6 million U.S. births in 2025, a 1% decline from 2024 and down 23% since 2007. The Trump administration has said it wants to reverse this trend.
Mother wants justice for 17-year-old son fatally shot by St. Louis police
Nearly two years after Emeshyon Wilkins was shot and killed by a St. Louis police officer, Shaina Wilkins says she is still searching for answers and accountability.
Brian Hooker leaves Bahamas to be with ailing mother as search for wife continues
According to his attorney, Brian Hooker plans to return to the Bahamas as the search for his wife, Lynette Hooker, continues.
U.S.
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Trump admin set to launch tariff refund portal. Here's what to know.
A federal agency will open a portal on April 20 that lets businesses apply for a refund for Trump tariffs struck down by the Supreme Court.
3 killed in latest U.S. strike on alleged drug boat in eastern Pacific, Pentagon says
President Trump has said the U.S. is in "armed conflict" with cartels in Latin America and has justified the attacks as a necessary escalation to stem the flow of drugs into the U.S.
Mother wants justice for 17-year-old son fatally shot by St. Louis police
Nearly two years after Emeshyon Wilkins was shot and killed by a St. Louis police officer, Shaina Wilkins says she is still searching for answers and accountability.
Sotomayor apologizes for criticizing Kavanaugh over ICE arrests
Supreme Court Justice Sonia Sotomayor apologized Wednesday for publicly criticizing Justice Brett Kavanaugh, comments she said were "hurtful" and "inappropriate."
FDA will consider easing restrictions on peptides as RFK Jr. calls himself a "big fan"
The FDA meeting announcement follows repeated pledges by Health Secretary Robert F. Kennedy Jr. to loosen regulations on peptides, which are often pitched as a quick way to build muscle, heal injuries or appear younger.
MoneyWatch
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Trump admin set to launch tariff refund portal. Here's what to know.
A federal agency will open a portal on April 20 that lets businesses apply for a refund for Trump tariffs struck down by the Supreme Court.
S&P 500, Nasdaq hit record highs as investors shrug off Iran war fears
With another round of U.S.-Iran peace talks on the horizon, investors are optimistic that the war will wind down.
Live Nation and Ticketmaster illegally monopolized big concert venues, jury rules
The lawsuit involved dozens of states that alleged Live Nation undermined competition and drove up ticket prices.
Why Jerome Powell — not Trump — will decide when the Fed chief steps down
President Trump would love to be finally rid of Fed Chair Jerome Powell. But firing him would kick up a legal firestorm and roil financial markets, experts said.
Allbirds's pivot from footwear to AI sends its shares soaring 600%
The sneaker maker is selling its footwear assets and rebranding as "NewBird AI," betting on booming demand for AI computing power.
Politics
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As U.S. birth rate falls, Trump officials downplay contraception in Title X program
According to new CDC data, there were 3.6 million U.S. births in 2025, a 1% decline from 2024 and down 23% since 2007. The Trump administration has said it wants to reverse this trend.
3 killed in latest U.S. strike on alleged drug boat in eastern Pacific, Pentagon says
President Trump has said the U.S. is in "armed conflict" with cartels in Latin America and has justified the attacks as a necessary escalation to stem the flow of drugs into the U.S.
Gabbard sends criminal referrals to DOJ for 2 officials linked to Trump impeachment
Director of National Intelligence Tulsi Gabbard has sent criminal referrals to the Justice Department related to a government watchdog and a whistleblower whose complaint helped trigger President Trump's first impeachment.
Sotomayor apologizes for criticizing Kavanaugh over ICE arrests
Supreme Court Justice Sonia Sotomayor apologized Wednesday for publicly criticizing Justice Brett Kavanaugh, comments she said were "hurtful" and "inappropriate."
FDA will consider easing restrictions on peptides as RFK Jr. calls himself a "big fan"
The FDA meeting announcement follows repeated pledges by Health Secretary Robert F. Kennedy Jr. to loosen regulations on peptides, which are often pitched as a quick way to build muscle, heal injuries or appear younger.
HealthWatch
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As U.S. birth rate falls, Trump officials downplay contraception in Title X program
According to new CDC data, there were 3.6 million U.S. births in 2025, a 1% decline from 2024 and down 23% since 2007. The Trump administration has said it wants to reverse this trend.
FDA will consider easing restrictions on peptides as RFK Jr. calls himself a "big fan"
The FDA meeting announcement follows repeated pledges by Health Secretary Robert F. Kennedy Jr. to loosen regulations on peptides, which are often pitched as a quick way to build muscle, heal injuries or appear younger.
New federal Medicaid rules require 1 month of work. Some states demand more.
Starting next year, about 18.5 million adults will be subject to new Medicaid work rules in 42 states and Washington, D.C. Some Republican-controlled states want to triple the required work period.
Florida doctor indicted after allegedly removing patient's liver instead of spleen
Dr. Thomas Shaknovsky, 44, was arrested Monday after a two-year investigation by local, state and medical authorities.
Pennsylvania town faces fallout from Trump's environmental rule rollback
The Trump administration is ratcheting up attacks on environmental protections that Make America Healthy Again followers hold dear.
World
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Can Hungary's new leader wean his country off cheap Russian energy?
Hungary's politics have shifted definitively away from Russia and toward Europe, but quitting a cheap Russian energy habit could be painful.
Woman among 4 more Iranians sentenced to death over protests
Bita Hemmati is believed to be the first woman to be sentenced to death over the protests.
U.K. police hunt for 2 suspects in attempted arson attack on synagogue
London police are looking for two people who threw bottles likely containing gasoline at a North London synagogue in what's being treating as an "antisemitic hate crime."
U.S. YouTuber gets 6 months in South Korean prison for offensive stunts
A Seoul court found Ramsey Khalid Ismael, a self-proclaimed online "troll" known as Johnny Somali, guilty of multiple charges.
Iran claims oil tanker transits Strait of Hormuz amid blockade
Iran's Fars News Agency says a supertanker sailed through international waters and the Strait of Hormuz with its tracking system switched on, "without any concealment."
Entertainment
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Entertainment
What happened to influencer Clavicular?
Controversial influencer Clavicular said he is home from the hospital after his livestream abruptly ended on Tuesday night. CBS News' Matt Gutman reports and The Free Press' River Page has more.
Jury: Live Nation, Ticketmaster act as monopoly
A jury on Wednesday found that Live Nation and Ticketmaster operated as an illegal monopoly over big concert venues. CBS News legal contributor Jessica Levinson breaks down the case.
Ramy Youssef on new comedy special
Golden Globe-winning actor and comedian Ramy Youssef talks about his new comedy special, "Ramy Youssef: In Love," which tackles topics like AI and religion but through a "lens of love." He explains his inspiration and how he includes personal stories about his family and marriage.
Ronda Rousey on return to MMA
After nearly a decade away from MMA, Ronda Rousey talks to "CBS Mornings" about her return and upcoming fight against another trailblazer, Gina Carano.
Inside the creation of "Front Porch Freestyles"
What started off as a simple way to promote music with some impromptu freestyling back in 2017 has turned into a critically acclaimed series showcasing artists big and small. Photojournalist Parrish Smith met the Washington, D.C., artist and crew behind the increasingly popular musical showcase "Front Porch Freestyles."
Technology
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Technology
New report on utility companies and AI
U.S. utility companies are planning to invest $1.4 trillion over the next five years to help strengthen the nation's power grid, according to a new report released Tuesday by the nonpartisan nonprofit consumer education organization PowerLines. CBS News MoneyWatch reporter Megan Cerullo has more details.
Maine lawmakers pass rule on data centers
Lawmakers in Maine passed a temporary ban on new, large data centers in the state this week. If Gov. Janet Mills signs the legislation, the state will become the first to ban data centers. Daniel Kool, a cost-of-living reporter for the Portland Press Herald, joins CBS News to discuss.
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.
Sneaker company Allbirds pivots to AI
Footwear company Allbirds announced Wednesday it will stop making fabric sneakers and become an artificial intelligence company, sending its stock price soaring by more than 600%. Yahoo Finance senior reporter Brooke DiPalma joins CBS News to discuss.
New study researches AI and medical questions
A new study found that a substantial amount of medical information provided by five popular artificial intelligence-driven chatbots is inaccurate and incomplete. One of the authors of the study, Nick Tiller joins "The Daily Report" to discuss.
Science
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First major forecast for 2026 Atlantic hurricane season is released
Colorado State University has released its annual Atlantic hurricane forecast, predicting 13 named storms and six hurricanes may develop during the 2026 season.
Creature thought to be world's oldest octopus isn't an octopus after all
Scientists have found evidence that a 300-million-year-old sea creature previously thought to be the world's oldest octopus is actually a nautilus relative.
March smashed heat records in several ways, federal data shows
Last month was the hottest March on record for the Lower 48 states, by the most for any month ever, federal data shows. And a forecast El Niño could heat Earth even more.
Emperor penguins listed as endangered species
The emperor penguin has been declared an endangered species as climate change pushes the icon of Antarctica a step closer to extinction, the global authority on threatened wildlife says.
Stunning photos from Artemis II show Earth, moon, eclipse from space
The astronauts aboard Artemis II are the first humans to see some parts of the far side of the moon with the naked eye.
Crime
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Crime
Mamdani bomb attempt suspects plead not guilty
The men suspected of throwing homemade bombs into a crowd of New York City protesters in March pleaded not guilty to terrorism charges on Wednesday. CBS News' Anna Schecter has the latest.
Suspect in shooting of 7-month-old in court
The suspect accused of fatally shooting a 7-month-old Brooklyn girl is in court Wednesday for arraignment. CBS News New York's Christina Fan has the latest.
U.K. police hunt for 2 suspects in attempted arson attack on synagogue
London police are looking for two people who threw bottles likely containing gasoline at a North London synagogue in what's being treating as an "antisemitic hate crime."
New video shows Oklahoma high school principal tackling gunman
Seconds after a gunman opened fire at an Oklahoma high school, the school's principal was seen racing into the hallway, pushing the suspect onto a bench and holding him down.
U.S. YouTuber gets 6 months in South Korean prison for offensive stunts
A Seoul court found Ramsey Khalid Ismael, a self-proclaimed online "troll" known as Johnny Somali, guilty of multiple charges.
Space
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"God of chaos" asteroid will pass close to Earth in 3 years, NASA says
People on the ground in the Eastern Hemisphere will be able to observe the asteroid with their own eyes, weather permitting, according to NASA.
Artemis II astronauts welcomed home to Houston after historic moonshot
The Artemis II astronauts flew back to the Johnson Space Center in Houston Saturday to cheers and applause from family members and hundreds of NASA workers.
9 highlights from Artemis II's epic journey around the moon
The Artemis II crew's nine-day moon mission set a record for the farthest any human has ever traveled from Earth. Here's a look at the key moments.
Artemis II crew splashes down to end historic moon mission
NASA's Artemis II astronauts returned to Earth with a splashdown landing in the Pacific Ocean after making a high-speed reentry through the atmosphere.
How an 8-year-old designed a zero-gravity indicator for Artemis II
The development of the mission mascot and viral sensation Rise began over a year before Artemis II blasted off.
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
Mom of teen killed by St. Louis police speaks out
Emeshyon Wilkins was shot and killed by a St. Louis police officer nearly two years ago. His mother, Shaina, says she's still searching for answers and accountability.
Harry and Meghan face some Australian backlash
Prince Harry and Meghan, the Duchess of Sussex, are facing some backlash in Australia over their visit to the continent. CBS News royal contributor Amanda Foreman joins "The Daily Report" to discuss.
New report on utility companies and AI
U.S. utility companies are planning to invest $1.4 trillion over the next five years to help strengthen the nation's power grid, according to a new report released Tuesday by the nonpartisan nonprofit consumer education organization PowerLines. CBS News MoneyWatch reporter Megan Cerullo has more details.
What happened to influencer Clavicular?
Controversial influencer Clavicular said he is home from the hospital after his livestream abruptly ended on Tuesday night. CBS News' Matt Gutman reports and The Free Press' River Page has more.
Trump: China agreed not to send Iran weapons
President Trump said Wednesday that China has agreed not to send weapons to Iran. Phelim Kine, the China and Indo-Pacific Affairs correspondent at Politico, joins "The Daily Report" with more.