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 fires Bondi as attorney general, installs Blanche as acting AG
President Trump has ousted Pam Bondi as attorney general, saying she will be taking a job in the private sector.
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.
Live
Trump says U.S. "hasn't even started destroying what's left in Iran"
President Trump warned the U.S. "hasn't even started destroying what's left in Iran," and previewed that strikes on bridges and power plants could be next.
Exclusive
Hegseth ousts Army Chief of Staff Gen. Randy George
One of the sources said Hegseth wants someone in the role who will implement President Trump and Hegseth's vision for the Army.
Cuba says it released over 2,000 prisoners as White House heaps pressure on island
The Cuban government says it has pardoned and released 2,010 prisoners, a sweeping move that comes as the island nation grapples with pressure from the Trump administration.
Hospice with 97% survival rate accused of defrauding Medicare for $7.45M
They were the first in a series of arrests planned Thursday, federal officials told CBS News.
Hegseth says he will let troops take personal firearms onto military bases
Defense Secretary Pete Hegseth says he will allow service members to carry personal weapons onto military installations.
Planning commission approves Trump's ballroom and East Wing design
The commission, which is chaired by a White House staffer, voted 9 to 1 to approve the design, which includes a ballroom with seating for 1,000 guests.
Judge dismisses Blake Lively's sexual harassment claims against Justin Baldoni
A federal judge in New York has tossed out actor Blake Lively's sexual harassment claims against actor Justin Baldoni over their roles in the movie "It Ends With Us," but left intact a claim for retaliation.
U.S.
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Hegseth says he will let troops take personal firearms onto military bases
Defense Secretary Pete Hegseth says he will allow service members to carry personal weapons onto military installations.
Maui doctor accused of trying to murder wife takes stand, claims self-defense
A doctor on trial on allegations he attempted to murder his wife on a hiking trail in Hawaii last year took the stand in his own defense.
United raises bag fees, becoming second U.S. carrier to up the price this week
United did not say why it was raising its prices, but the move follows JetBlue also hiking its checked bag fees earlier this week, citing "rising operating costs."
Judge dismisses Blake Lively's sexual harassment claims against Justin Baldoni
A federal judge in New York has tossed out actor Blake Lively's sexual harassment claims against actor Justin Baldoni over their roles in the movie "It Ends With Us," but left intact a claim for retaliation.
Exclusive
Hegseth ousts Army Chief of Staff Gen. Randy George
One of the sources said Hegseth wants someone in the role who will implement President Trump and Hegseth's vision for the Army.
MoneyWatch
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United raises bag fees, becoming second U.S. carrier to up the price this week
United did not say why it was raising its prices, but the move follows JetBlue also hiking its checked bag fees earlier this week, citing "rising operating costs."
Mortgage rates are surging, foiling homebuyers' best-laid plans
Interest rates for a typical home loan jumped Thursday to 6.46%, the highest level since September 2025. House-hunters aren't pleased.
Starbucks offers $1,200 bonuses to baristas who offer top customer service
The coffee chain said it will also pay its workers weekly to provide more financial flexibility.
Stocks erase early losses as investors monitor Iran war developments
Stocks rebound after sliding in early-day trade, with investors buoyed by reports that Iran and Oman could monitor ship traffic in the Strait of Hormuz.
Higher gas prices have cost drivers an extra $8.4 billion, Democrats say
With gasoline topping $4 a gallon, it now costs almost $145 to fill up a Ford F-150 pickup truck, a new analysis finds.
Politics
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Cuba says it released over 2,000 prisoners as White House heaps pressure on island
The Cuban government says it has pardoned and released 2,010 prisoners, a sweeping move that comes as the island nation grapples with pressure from the Trump administration.
California gas prices are the highest in the U.S., but there's no proof of price gouging. Here's why.
For years, California leaders accused oil companies of price gouging at the pump, but a state investigation found no evidence of that. Instead, a CBS News California investigation found what's really driving the highest gas prices in the U.S.
Hegseth says he will let troops take personal firearms onto military bases
Defense Secretary Pete Hegseth says he will allow service members to carry personal weapons onto military installations.
Justice Department employee who was prosecuted over Jan. 6 Capitol attack resigns
A former FBI agent who was prosecuted for his alleged role in the Jan. 6 attack on the U.S. Capitol and later hired by the Trump-era Justice Department has left his government post, he announced Thursday.
Trump sends mixed messages on securing the Strait of Hormuz
The president said Wednesday that the strait "will open up naturally" as its closure sends gas prices soaring at the same time he's urging other countries to "grab it."
HealthWatch
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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.
A COVID variant called "Cicada" is spreading. Here's what to know.
The COVID-19 variant BA.3.2, nicknamed "Cicada," has been detected in at least 23 countries and half the states in the U.S.
State health plan for foster kids threatened 8-year-old's cancer care
North Carolina and other states have insurance plans for kids in foster care, but many doctors did not accept patients on the plans, leaving kids' guardians scrambling to find health care providers.
States pay contractors millions to comply with Trump law to cut Medicaid rolls
The One Big Beautiful Bill Act will add red tape and restrictions for those seeking Medicaid and SNAP benefits. And the costs to update computer systems that determine eligibility for those programs will be steep.
World
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Cuba says it released over 2,000 prisoners as White House heaps pressure on island
The Cuban government says it has pardoned and released 2,010 prisoners, a sweeping move that comes as the island nation grapples with pressure from the Trump administration.
Trump sends mixed messages on securing the Strait of Hormuz
The president said Wednesday that the strait "will open up naturally" as its closure sends gas prices soaring at the same time he's urging other countries to "grab it."
Concern U.S. may deport Iranians held by ICE back home to a warzone
Two gay Iranian men seeking asylum in the U.S. could face execution if they're deported to Iran, a move the Trump administration has not ruled out.
Warship sunk by British fleet, remains of sailor found after 225 years
Thousands were killed and wounded during the Battle of Copenhagen, considered one of Adm. Horatio Nelson's "great battles."
Ancient golden helmet found year after it was stolen from museum
Robbers used firework bombs to break into the Drents Museum in 2025, stealing the 5th-century BC golden Helmet of Cotofenesti and three gold bracelets.
Entertainment
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Judge dismisses Blake Lively's sexual harassment claims against Justin Baldoni
A federal judge in New York has tossed out actor Blake Lively's sexual harassment claims against actor Justin Baldoni over their roles in the movie "It Ends With Us," but left intact a claim for retaliation.
Gucci Mane kidnapped, robbed at gunpoint in Dallas, DOJ says
Atlanta rapper Gucci Mane was lured to a Dallas studio for a meeting, then allegedly kidnapped and robbed by a group including rappers Pooh Shiesty and Big30.
Spoiler alert! Historic "Survivor" episode
(Spoilers ahead) "CBS Mornings" reveals details about Wednesday's historic "Survivor" episode, including who was voted off.
Kenan Thompson on new children's book
Actor and comedian Kenan Thompson joins "CBS Mornings" to discuss his new children's book, "Unfunny Bunny."
Crew that flew Apache helicopters near Kid Rock's house suspended
Kid Rock posted videos of the helicopters hovering by his Nashville home on social media over the weekend. The Army later confirmed the helicopters were on a training mission.
Technology
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Technology
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."
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.
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.
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.
Company tries to make flying car of the future
Many have dreamed of a future with flying cars, eliminating traffic on the morning commute. One company is trying to make that dream a reality. Itay Hod reports.
Science
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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.
How do astronauts use the bathroom?
The science and technology behind using the restroom in space continues to evolve. CBS News senior transportation correspondent Kris Van Cleave looks at the out-of-this-world facilities available to the Artemis II crew.
Crime
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Crime
FBI arrests 8 for defrauding Medicare
The FBI arrested eight people on Thursday for allegedly scheming to defraud Medicare out of more than $50 million. CBS News correspondent Adam Yamaguchi has been following the story for several months and joins "The Daily Report" with more details.
FBI makes arrest in hospice fraud scheme
The FBI has arrested eight people in California connected to a $60 million health care fraud scheme. CBS News correspondent Adam Yamaguchi was at the scene of one of the arrests and joins "The Takeout" with more.
DOJ on charges in hospice care fraud probe
The Department of Justice announced multiple people have been charged after an investigation into hospice care fraud in California involving Medicare.
Baby in stroller fatally shot in NYC
The NYPD is seeking information after a 7-month-old baby in a stroller was fatally shot. CBS News New York's Elijah Westbrook reports.
Man charged in connection with "Texas Killing Fields" deaths
Prosecutors have charged a man allegedly connected to two deaths tied to the "Texas Killing Fields," a site where dozens of bodies have been found since the 1970s.
Space
More Space
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.
Artemis II launches into orbit as NASA begins historic moon mission
NASA's Artemis II astronauts launched on a nine-and-a-half-day mission around the moon and back.
Smooth countdown continues for Artemis II moon mission
Forecasters continue to predict an 80% chance of favorable weather on Wednesday for the launch of four astronauts on a flight to the moon.
Countdown begins for long-awaited Artemis II moon mission
Countdown clocks began ticking Monday, setting the stage for launch of the Artemis II moon mission early Wednesday evening.
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 we know about Trump's firing of Pam Bondi
President Trump fired Attorney General Pam Bondi on Thursday after months of his waning support. CBS News covers the lead-up, her acting replacement and what this means.
4/2: The Takeout with Major Garrett
President Trump fires Attorney General Pam Bondi; Artemis II gets green light for translunar injection burn.
Artemis II completes translunar injection burn
The Artemis II had a successful translunar injection burn Thursday night, allowing the four-person crew to leave Earth's orbit and head for the moon. CBS News' Bill Harwood and Peter King have more.
Baggage handlers struggle to fold baby stroller
Baggage handlers went viral after a struggle to fold a stubborn baby stroller. Tony Dokoupil has more.
7-month-old baby killed in NYC shooting
A 7-month-old baby sitting in her stroller was killed by a stray bullet in what is believed to have been a "gang-motivated" shooting Wednesday afternoon in New York City, NYPD Commissioner Jessica Tisch said. CBS News' Jared Ochacher has more.