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.
Trump settles IRS lawsuit, sets up $1.7B fund for claims of "weaponization"
President Trump had accused the Treasury Department and IRS of unlawfully allowing a government contractor to leak his tax returns and those of his sons and company.
Jury unanimously dismisses Elon Musk's lawsuit against OpenAI
The jury dismissed all charges due to the statute of limitations.
Inside the "troubled teen" industry, when help sometimes does more harm
A CBS News investigation into youth residential treatment programs finds allegations of abuse, a lack of federal oversight, and families left to navigate a multibillion-dollar industry largely on their own.
American doctor working in Congo tests positive for Ebola
An American medical missionary in the Democratic Republic of the Congo has a confirmed case of Ebola, and is being taken to Germany for treatment.
Live
Iran war "re-escalation risks" keep oil prices volatile as talks stagger on
Oil prices remain volatile due to Iran war "re-escalation risks," as Tehran says it has shared another set of revised peace deal terms with the U.S.
Judge rules some key evidence can be used in Luigi Mangione's state trial
A New York judge ruled Monday on whether evidence found in Luigi Mangione's backpack during his arrest can be used during his state trial.
Supreme Court tells lower courts to take new look at 2 voting rights cases
At issue in the cases was who can bring lawsuits in federal court to address potential violations of Section 2 of the Voting Rights Act.
Divers find bodies of 4 tourists in Maldives sea cave
Italy's Foreign Ministry said Monday rescuers have located the bodies of four Italian divers who were believed to be deep inside an underwater cave in a Maldive atoll.
Fighter jets' crews eject from air show crash: "A lot of luck involved"
The Mountain Home Air Force Base in Idaho was locked down following the midair crash during the Gunfighter Skies Air Show.
U.S.
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American doctor working in Congo tests positive for Ebola
An American medical missionary in the Democratic Republic of the Congo has a confirmed case of Ebola, and is being taken to Germany for treatment.
Jury unanimously dismisses Elon Musk's lawsuit against OpenAI
The jury dismissed all charges, finding that Musk missed the three-year statute of limitations.
U.S. announces Ebola-related travel restrictions amid outbreak in Congo, Uganda
The Trump administration announced it's restricting people who don't have U.S. passports from entering the country if they have been in Congo, South Sudan or Uganda amid the Ebola outbreak.
Tornado levels family's brand new house: "Most terrifying thing I've experienced"
A mother and daughter hid in the basement of the home they moved into just two weeks ago when a destructive tornado tore across their Nebraska community.
Cuba's leader says country poses "no threat" to U.S. after military drone report
The Trump administration has placed intense pressure on Cuba's communist leadership.
MoneyWatch
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Jury unanimously dismisses Elon Musk's lawsuit against OpenAI
The jury dismissed all charges, finding that Musk missed the three-year statute of limitations.
NextEra Energy to acquire Dominion in a $67 billion utility deal
The combined company will serve about 10 million utility customers across Florida, Virginia, North Carolina and South Carolina.
Is the answer to the housing crunch right in your own backyard?
Accessory Dwelling Units, or ADUs, are small, fully-functional secondary homes located on the same property as a main home, usually in the backyard, filling a vital need where housing has proved scant or expensive.
CBS News poll finds many voice frustration with Trump's economic approach
Gas prices, inflation weigh on Americans. Many see lack of clarity on what's happening in Iran.
Ice cream sold in 17 states recalled for potential metal fragments
No injuries have been reported because of the issue, the Food and Drug Administration said.
Politics
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U.S. announces Ebola-related travel restrictions amid outbreak in Congo, Uganda
The Trump administration announced it's restricting people who don't have U.S. passports from entering the country if they have been in Congo, South Sudan or Uganda amid the Ebola outbreak.
Cuba's leader says country poses "no threat" to U.S. after military drone report
The Trump administration has placed intense pressure on Cuba's communist leadership.
Supreme Court tells lower courts to take new look at 2 voting rights cases
At issue in the cases was who can bring lawsuits in federal court to address potential violations of Section 2 of the Voting Rights Act.
Trump settles IRS lawsuit, sets up $1.7B fund for claims of "weaponization"
President Trump had accused the Treasury Department and IRS of unlawfully allowing a government contractor to leak his tax returns and those of his sons and company.
Full transcript of "Face the Nation with Margaret Brennan," May 17, 2026
On this "Face the Nation with Margaret Brennan" broadcast, U.S. Trade Representative Jamieson Greer and Ambassador Alexander Yui, Taiwan's Representative to the U.S., join Margaret Brennan.
HealthWatch
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American doctor working in Congo tests positive for Ebola
An American medical missionary in the Democratic Republic of the Congo has a confirmed case of Ebola, and is being taken to Germany for treatment.
Ebola strain in latest outbreak has no vaccine, no treatment
The virus behind the latest Ebola outbreak is the Bundibugyo virus, which is less common and there is no vaccine or treatment.
U.S. announces Ebola-related travel restrictions amid outbreak in Congo, Uganda
The Trump administration announced it's restricting people who don't have U.S. passports from entering the country if they have been in Congo, South Sudan or Uganda amid the Ebola outbreak.
Inside the "troubled teen" industry, when help sometimes does more harm
A CBS News investigation into youth residential treatment programs finds allegations of abuse, a lack of federal oversight, and families left to navigate a multibillion-dollar industry largely on their own.
Hantavirus-hit cruise ship arrives in Netherlands
The cruise ship hit by a deadly hantavirus outbreak has docked at the Dutch port of Rotterdam for disinfection, wrapping up a troubled journey that put world health authorities on alert.
World
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American doctor working in Congo tests positive for Ebola
An American medical missionary in the Democratic Republic of the Congo has a confirmed case of Ebola, and is being taken to Germany for treatment.
198 pounds of cocaine found hidden in Kim Kardashian brand underwear
A truck driver was sentenced to over 13 years in prison for smuggling $9.4 million worth of cocaine in a shipment of Skims, Kim Kardashian's shapewear brand.
Ebola strain in latest outbreak has no vaccine, no treatment
The virus behind the latest Ebola outbreak is the Bundibugyo virus, which is less common and there is no vaccine or treatment.
Cuba's leader says country poses "no threat" to U.S. after military drone report
The Trump administration has placed intense pressure on Cuba's communist leadership.
Police kill escaped tiger after it injures man in Germany
It is believed the tiger was owned by a woman who describes herself as Germany's "Tiger Queen," CBS News partner BBC News reported.
Entertainment
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Entertainment
2-time "Survivor" contestant on 50th season
Rob Cesternino, a 2-time "Survivor" castaway, talks about the upcoming "Survivor 50" finale, who he think will make the final three and who is his favorite to win the game.
Hayden Panettiere opens up in new memoir
Golden Globe-nominated actor Hayden Panettiere shares her story and opens up about life in the spotlight as a young actor, postpartum depression and her healing journey.
5/17: Sunday Morning "By Design"
Jane Pauley hosts our annual look at design. Featured: Tiny homes in your backyard; Louis Vuitton; Adobe house construction; Finland's Marimekko; domino art; Philadelphia food favorites; chandeliers; Longwood Gardens; rare maps; and director Jon Favreau of "The Mandalorian and Grogu."
"Call Her Daddy" podcast host Alex Cooper announces pregnancy
"Call Her Daddy" host Alex Cooper said on Instagram that she and husband Matt Kaplan are expecting their first child.
Director Jon Favreau on "The Mandalorian and Grogu"
Jon Favreau, creator of the "Star Wars" series "The Mandalorian," has now brought the father-son relationship of Pedro Pascal's bounty hunter and his charge "Baby Yoda" to the big screen.
Technology
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Jury unanimously dismisses Elon Musk's lawsuit against OpenAI
The jury dismissed all charges, finding that Musk missed the three-year statute of limitations.
Jury to start deliberations in OpenAI trial
A nine-person jury will begin deliberations Monday in Elon Musk's $150 billion civil lawsuit against OpenAI CEO Sam Altman. Rachel Metz, artificial intelligence reporter for Bloomberg, joins with more.
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.
An adobe renaissance
For thousands of years, civilizations around the world have built houses out of earth – whether it be mud brick, wattle and dab or rammed earth. But adobe (the practice of making mudbricks) has now become today's "it" building material, from museums around the world designed using adobe, to do-it-yourselfers constructing homes from the very dirt beneath their feet. Correspondent Conor Knighton looks at the history of adobe, and how ancient adobe materials are being merged with 3-D printing techniques.
Atlanta residents report Waymo traffic jams
Atlanta residents say they're waking up to traffic jams of self-driving Waymo vehicles confused by neighborhood signage.
Science
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El Niño could bring "double whammy" of high tide flooding, NOAA warns
The upcoming El Niño could trigger frequent and widespread flooding in coastal areas around the United States, even when storms aren't actively taking place, scientists warn.
New dinosaur weighing as much as 9 elephants identified by scientists
The long-necked herbivore is the largest ever found in Southeast Asia, researchers said.
How a growing El Niño will affect 2026 hurricane season in Atlantic, Pacific
The last time an El Niño pattern occurred was in 2023, when the Eastern Pacific hurricane season produced 20 tropical systems.
NASA spacecraft to fly past Mars on voyage to rare metal asteroid
NASA's Psyche spacecraft will slingshot past Mars on Friday, on its way toward a rare metal-rich asteroid.
Emperor penguins in focus as Antarctica talks start in Japan
Greater protections for endangered emperor penguins and how to manage growing tourism are topping the agenda at talks on Antarctica in Japan.
Crime
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Crime
Arrests in random shootings across Austin
Three people are in custody for a dozen random shootings around Austin, Texas, on Sunday, police said. Four people were injured in the mayhem, police said. CBS News' Ian Lee has more on how the community is reacting.
198 pounds of cocaine found hidden in Kim Kardashian brand underwear
A truck driver was sentenced to over 13 years in prison for smuggling $9.4 million worth of cocaine in a shipment of Skims, Kim Kardashian's shapewear brand.
Judge rules on evidence in Mangione trial
New York Judge Gregory Carro ruled Monday that a gun and notebook found in the search of Luigi Mangione's possessions can be used as evidence in his state murder trial. CBS News' Lilia Luciano has the latest.
Teens arrested after Texas shootings
Three people are in custody after a string of shootings in Austin, Texas. CBS News' Ian Lee reports.
Judge rules on Mangione backpack evidence
A New York judge ruled Monday that certain evidence from Luigi Mangione's backpack can be used in his state trial for the alleged murder of UnitedHealthcare CEO Brian Thompson. CBS News' Lilia Luciano has the latest.
Space
More Space
SpaceX launches cargo ship to International Space Station
The International Space Station-bound SpaceX Cargo Dragon is loaded with 6,500 pounds of needed equipment, research gear and crew supplies.
NASA maps show Earth's brightest and darkest regions at night
Researchers expected to find "a gradual increase in artificial light at night," but instead saw "much more nuanced patterns," NASA said.
NASA spacecraft to fly past Mars on voyage to rare metal asteroid
NASA's Psyche spacecraft will slingshot past Mars on Friday, on its way toward a rare metal-rich asteroid.
UFO files reveal astronauts saw mysterious objects and lights in 1972
NASA's Apollo 17 crew reported seeing three mysterious dots and sparks that resembled fireworks, according to new files released by the Pentagon.
Pentagon begins releasing UFO files: "It's time the American people see"
Defense Secretary Pete Hegseth said in a statement that the documents "have long fueled justified speculation — and it's time the American people see it for themselves."
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
What to know after Musk lawsuit dismissed
A jury on Monday unanimously dismissed Elon Musk's lawsuit against OpenAI and Sam Altman due to the expired statute of limitations. CBS News' Jo Ling Kent and Jessica Levinson have more.
Arrests in random shootings across Austin
Three people are in custody for a dozen random shootings around Austin, Texas, on Sunday, police said. Four people were injured in the mayhem, police said. CBS News' Ian Lee has more on how the community is reacting.
Bodies of missing divers located in Maldives
More details are emerging on the recovery efforts in the Maldives after authorities announced that the bodies of four missing divers were located. CBS News' Shanelle Kaul has more.
Jury dismisses Musk lawsuit against OpenAI
A federal jury has dismissed Elon Musk's lawsuit against OpenAI and Sam Altman due to the statute of limitations. CBS News' Jo Ling Kent and Jessica Levinson have more.
Jury to start deliberations in OpenAI trial
A nine-person jury will begin deliberations Monday in Elon Musk's $150 billion civil lawsuit against OpenAI CEO Sam Altman. Rachel Metz, artificial intelligence reporter for Bloomberg, joins with more.