Steve Mnuchin to Congress: Raise the debt limit -- asap
With tax revenues coming in slower than forecast, the deadline for action is moving up, to GOP conservatives' chagrin
Debt Ceiling
Paul Ryan: Trump team understands seriousness of debt limit
The House speaker says the debate is over when and how to raise the U.S. borrowing limit – not whether it will be raised at all
Treasury secretary to begin steps to avoid default on national debt
Treasury Secretary Steven Mnuchin wrote to lawmakers to inform them that he'll employ measures to avoid breaching the borrowing limit. The suspension of the limit expires Mar. 16
After Wall Street's solid 2016, what's next in 2017?
The outcome rests on several variables, including the Fed's actions and how Team Trump actually governs
3 visions for Trump's economy
Equity investors so far see lots of upside, but economists aren't so sure -- with some forecasts downright dour
President Obama signs 2-year budget deal
The House and Senate passed the deal last week that raises the debt ceiling and spending levels
Senate passes ambitious budget deal, sends it to Obama
Accord lifts debt ceiling into March 2017 and lifts spending levels for two fiscal years
Paul Ryan: Process behind negotiated budget deal "stinks"
Ryan negotiated a similar bipartisan budget deal in December 2013
Shutdown: How much impact does gov't closure really have?
CBS News' Anthony Mason discusses the short-term and long-term effects of the government shutdown on services, the economy and the credibility of the U.S
Sen. Coburn: We won't default if we don't raise the debt ceiling
Sen. Tom Coburn, R-Okla., talks about the debt ceiling showdown as well as alleged abuses of the federal disability insurance program
Cadillac unveils new Escalade
Cadillac unveiled its new Escalade and more of the latest MoneyWatch headlines
Sports Illustrated to feature Barbie
Barbie is striking a pose for Sports Illustrated, plus more MoneyWatch headlines
What's on the House agenda before John Boehner departs?
On the verge of selecting their next leader, House Republicans still have significant policy challenges on the horizon
Who is Jeb Bush's favorite superhero?
He says, "I'm kind of old school" when it comes to superheroes. Bush also weighed in on Biden's decision not to run for president and on the debt ceiling
GOP conservatives unveil debt ceiling hike that comes with steep price
The group wants to raise the debt ceiling through March 2017 and require mandatory spending cuts
Will Boehner be able to avert debt ceiling showdown?
With the speaker's race in chaos, the current leader may be the best person to get the debt limit raised
Treasury moves up debt limit deadline, pushes Congress to act
Treasury Secretary Jack Lew warns that the nation would run out of its borrowing authority earlier than expected
Carson: Annual debt battles a "stupid" way to govern
The presidential candidate also defended his comparison of modern gun control efforts and Hitler's rise in Germany
Conservatives want Paul Ryan to shake up the House
Rep. Mick Mulvaney, a member of the House Freedom Caucus, lays out conditions for accepting a possible Ryan bid for Speaker of the House
Trump: GOPers in Congress are "terrible negotiators"
The Republican presidential candidate said GOP congressional leaders aren't using their leverage properly
Congress faces looming deadlines amid chaos of House speaker election
Kevin McCarthy's withdrawal from the race for speaker adds pressure to Congress as it tries to meet some looming deadlines
Ben Carson unclear about his positions on debt ceiling, default
The GOP presidential contender dodged questions in an interview this week about whether he would allow the U.S. to default
Buffett on the economy, debt ceiling fight, and JPMorgan
In this "CBS This Morning" Extra, the "Sage of Omaha" talks to Charlie Rose
Twitter reveals IPO plans
Twitter has revealed plans to raise up to $1 billion in a public offering, plus more of the latest MoneyWatch headlines
Sec. Lew urges debt limit increase
Sec. Lew urges debt limit increase and more MoneyWatch headlines
Live
Iran says any country joining U.S. sanctions on Tehran is considered an "enemy"
The new head of Iran's supreme national security council issued the warning to countries who join the U.S.'s economic war on Tehran.
Army Secretary Dan Driscoll considering stepping down, sources say
U.S. Army Secretary Dan Driscoll is considering stepping down from his post by the end of the year, two people familiar with the matter told CBS News Saturday.
Chinese humanoid robot beats Usain Bolt's sprint world record
Two human records were smashed by robots competing in the Olympics-like World Humanoid Robot Games in China.
Canada says it will begin retaliatory tariffs on U.S. goods after Labor Day
The U.S. and Canada have wrangled for decades over trade, and somehow, they still managed to remain friends, allies and trading partners.
Judge denies Karmelo Anthony's appeal for a new trial in killing of Austin Metcalf
The decision comes after both prosecutors and Anthony's new defense team revealed more details in a tense two-day hearing.
Tropical Storm Moke expected to bring up to 15 inches of rain in Hawaii
Hawaii is still cleaning up from Hurricane Lala, which dumped massive amounts of rain on the islands.
Zelenskyy rejects wartime elections, cites "huge risk"
After Ukraine's fired defense minister publicly called for wartime elections, Zelenskyy said it would risk splitting the country.
Frustration mounts for thousands still without power after deadly Indiana storms
Several days of powerful storms walloped northwest Indiana, killing at least seven people and displacing about 1,000. The storms brought record rainfall that flooded several communities.
Cardiac event reveals Olympian's rare heart condition: "There was a God present"
Olympian Jenny Simpson said she won't be able to run again after being diagnosed with a rare heart condition earlier this year.
U.S.
More U.S.
The explosion of ticks and Alpha-gal syndrome
This year, ER visits for tick bites have increased dramatically, corresponding with a new threat: a rise in Alpha-gal syndrome (AGS), where one bite from a lone star tick can make you violently allergic to red meat. How can you best avoid tick bites?
Fast-growing Hawk Fire near Reno, Nevada forces thousands to evacuate
The fire apparently began Saturday and grew significantly throughout the day, fueled by strong, gusty winds, low humidity and dry vegetation.
Army Secretary Dan Driscoll considering stepping down, sources say
U.S. Army Secretary Dan Driscoll is considering stepping down from his post by the end of the year, two people familiar with the matter told CBS News Saturday.
How an oil trail led to suspect in South Carolina hit-and-run homicide
A trail of clues — including an oil leak, security video and data from a truck's onboard computer — lead S.C. investigators to a jealous man suspected of running down a romantic rival.
Frustration mounts for thousands still without power after deadly Indiana storms
Several days of powerful storms walloped northwest Indiana, killing at least seven people and displacing about 1,000. The storms brought record rainfall that flooded several communities.
MoneyWatch
More MoneyWatch
Canada says it will begin retaliatory tariffs on U.S. goods after Labor Day
The U.S. and Canada have wrangled for decades over trade, and somehow, they still managed to remain friends, allies and trading partners.
Walmart to let shoppers use Apple Pay and other tap-to-pay methods
Walmart will let shoppers use tap-to-pay methods, including Apple Pay and Google Pay, beginning later this month.
TikTok agrees to pay $400 million to settle child privacy lawsuit
The Justice Department sued TikTok in 2024, alleging that it violated a U.S. law prohibiting the collection of kids' data.
People are scrambling to find wads of cash dropped all over American cities
Cash drop social media accounts have people racing to find money hidden across the country. Here's what's behind the viral videos.
AI companies accused of hoarding and destroying millions of books
Consumer advocates are urging the FTC to examine whether AI developers are hurting competition and reducing public access to source material.
Politics
More Politics
Army Secretary Dan Driscoll considering stepping down, sources say
U.S. Army Secretary Dan Driscoll is considering stepping down from his post by the end of the year, two people familiar with the matter told CBS News Saturday.
Nancy Kassebaum Baker, former U.S. senator from Kansas, dies at 94
Former U.S. Sen. Nancy Kassebaum Baker of Kansas was the first woman elected to the U.S. Senate without following a spouse into office.
Canada says it will begin retaliatory tariffs on U.S. goods after Labor Day
The U.S. and Canada have wrangled for decades over trade, and somehow, they still managed to remain friends, allies and trading partners.
Exclusive
Men describe being deported by U.S. to dangerous African nation: "We cannot leave"
The Central African Republic is one of more than 30 countries the U.S. government has convinced to accept third-country deportees arrested as part of President Trump's large-scale crackdown on illegal immigration.
Trump threatens defamation suit against left-leaning think tank
President Trump's legal team is threatening to sue left-leaning think tank Center for American Progress for defamation over a report it issued that found "no evidence that National Guard deployments have reduced violent crime."
HealthWatch
More HealthWatch
The explosion of ticks and Alpha-gal syndrome
This year, ER visits for tick bites have increased dramatically, corresponding with a new threat: a rise in Alpha-gal syndrome (AGS), where one bite from a lone star tick can make you violently allergic to red meat. How can you best avoid tick bites?
The explosion of ticks and Alpha-gal syndrome
This year, emergency room visits for tick bites have increased dramatically, corresponding with a new threat: a rise in Alpha-gal syndrome (AGS), where one bite from a lone star tick can make you violently allergic to red meat. Correspondent David Pogue looks at how residents of Martha Vineyard are addressing an epidemic of Alpha-gal, and talks with experts about how best to avoid tick bites.
Olympian Jenny Simpson shares rare diagnosis
Retired Olympic runner Jenny Simpson earned a slew of accolades for her performances in three Olympic Games — but two months ago, she nearly died after suffering a cardiac event. Simpson spoke with Errol Barnett about her diagnosis of arrhythmogenic right ventricular cardiomyopathy, the rare ailment she'd unknowingly carried for four decades.
How a teen found "a sense of control" as she fought cancer
Alayna Riozzi-Bodine was diagnosed with Hodgkin's lymphoma the summer before her senior year of high school.
Alfalfa sprouts recalled after E. coli, salmonella outbreak sickens dozens
An outbreak of E. coli and salmonella that has sickened dozens of people across 15 states has been linked to an alfalfa grower in Minnesota, federal health officials said Friday.
World
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Mexican official accused by U.S. of drug trafficking abruptly resigns again
Sinaloa Gov. Ruben Rocha Moya is accused of allegedly colluding with the infamous Sinaloa Cartel to distribute drugs inside the U.S.
Zelenskyy rejects wartime elections, cites "huge risk"
After Ukraine's fired defense minister publicly called for wartime elections, Zelenskyy said it would risk splitting the country.
Chinese humanoid robot beats Usain Bolt's sprint world record
Two human records were smashed by robots competing in the Olympics-like World Humanoid Robot Games in China.
European wildfires expose, detonate buried explosives from past wars
The wildfires burning across Europe this summer have revealed World War I and II ordnance lurking beneath the blackened landscape.
Russian and Ukrainian attacks kill at least 10 after deadly mall drone strike
The attacks come a day after a two-wave drone strike on a shopping mall in Zelenskyy's hometown killed 16 people.
Entertainment
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Entertainment
Milan's Casa Verdi, a rest home for musicians living in harmony
Opera great Giuseppe Verdi, one of history's most successful composers, used his fortune to create a retirement home for professional musicians "not favored by fortune." Residents of Casa Verdi in Milan not only share their lifetimes of artistry, they also provide master classes to young musicians. Chris Livesay reports.
Passage: In memoriam
"Sunday Morning" remembers some of the notable figures who left us this week, including actress Hayden Panettiere, star of "Nashville" and "Heroes."
From the ashes arise origami koi
Robert Lang, a physicist who became a leading figure in the world of origami, lost a lifetime's work of folded paper art to the 2025 wildfires in Altadena, Calif. He then set out to recreate his designs – and the origami community joined in.
Capturing an immortal photograph of jazz legends
In 1958, photographer Art Kane assembled many of the greatest legends in jazz on a brownstone stoop in Harlem; his picture became one of the most famous images ever taken of artistic royalty. Correspondent Mo Rocca talks about Kane's iconic group portrait with the photographer's son, Jonathan; and about the legacy the musicians left behind with legendary bassist Ron Carter, who played alongside nearly all of the jazz greats pictured that hot August day.
8/22: CBS Saturday Morning
U.S.-Canada tariff deal falls through, NYC cracks down on wage theft, plus Grace Potter is back. All this and more on "CBS Saturday Morning."
Technology
More Technology
Technology
AI-generated bills swamp congressional lawyers
Lawmakers and lobbyists are now using artificial intelligence to draft bills, but it turns out AI is currently terrible at the technicalities of federal law and regulations. Politico Congress tech reporter Owen Dahlkamp joins to discuss his recent article on the topic.
Walmart to let shoppers use Apple Pay and other tap-to-pay methods
Walmart will let shoppers use tap-to-pay methods, including Apple Pay and Google Pay, beginning later this month.
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.
TikTok agrees to pay $400 million to settle child privacy lawsuit
The Justice Department sued TikTok in 2024, alleging that it violated a U.S. law prohibiting the collection of kids' data.
AI companies accused of hoarding and destroying millions of books
Consumer advocates are urging the FTC to examine whether AI developers are hurting competition and reducing public access to source material.
Science
More Science
Invasive Joro spiders are "slowly spreading." Here's what to do if you see one.
The Great Smoky Mountains National Park told visitors Tuesday that invasive Joro spiders "may be hanging in a web near you."
A summer of extremes: Weathering a hotter world
July was the hottest month ever in the Lower 48 States – another escalation of our world into a hotter, more dangerous planet, where extreme weather events – such as heat waves, wildfires and hurricanes – will become more common and more extreme.
A summer of extremes: Weathering a hotter world
July was the hottest month ever in the Lower 48 States, breaking a record last set during the Dust Bowl – just another step in the escalation of our world into a hotter, more dangerous planet. Correspondent Jonathan Vigliotti talks with climate journalist Jeff Goodell and atmospheric scientist Maria Molina about how changes in Earth's climate are increasing the likelihood that extreme weather events – such as heat waves, wildfires and hurricanes – will become more common and more extreme.
Views of the total solar eclipse in Europe
A total solar eclipse was visible in parts of Europe for the first time since 1912. Rob Marciano reports.
Europe sees total solar eclipse
A total solar eclipse turned day into night across a slice of Europe and North America on Wednesday, and put millions in unique contact with the heavens above. Meteorologist Rob Marciano reports from Spain.
Crime
More Crime
How an oil trail led to suspect in South Carolina hit-and-run homicide
A trail of clues — including an oil leak, security video and data from a truck's onboard computer — lead S.C. investigators to a jealous man suspected of running down a romantic rival.
Uber driver gets roped into police car chase
A Houston Uber driver found himself involved in police activity after two officers jumped into his vehicle in pursuit of a suspect. Lana Zak has the story.
Judge denies Karmelo Anthony a new trial
Karmelo Anthony's murder conviction and 35-year prison sentence are staying in place after a Texas judge denied his request for a new trial.
Child social media addiction trial underway
A landmark trial which accuses tech giant Meta of harming children through addictive social media products is underway in Oakland. Kenny Choi has the details.
Fighting wage theft in New York City
The Economic Policy Institute estimates that workers lose more than $50 billion a year to wage theft. New York City is cracking down on the crime and other abuses of low-income workers.
Space
More Space
First on CBS
Trump to honor Artemis II crew with nation's top space medal
President Trump plans to award the Congressional Space Medal of Honor to the crew of NASA's Artemis II mission in a ceremony Aug. 28.
NASA's Swift telescope will plunge toward Earth after rescue mission called off
The mission to save NASA's sinking space telescope has been called off, dooming the telescope to a fiery reentry later this year.
NASA images show 60-foot-wide crater on moon after SpaceX rocket booster crash
A NASA spacecraft circling the moon is providing the sharpest views yet of the crater carved by a crashing SpaceX rocket.
New space object called "black hole star" discovered by astronomers
The newly discovered object looks like a star the size of our solar system, but produces 100 billion times more energy than any star.
Stunning photos show total solar eclipse over Europe
The only total solar eclipse of 2026 crossed the Northern Hemisphere Wednesday, with a path of totality across parts of Greenland, Iceland and northern Spain. See photos and video from the best viewing locations.
Latest Galleries
More Latest Galleries
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.
Investigating the death of designer Sylvie Cachay
Sylvie Cachay was found dead in an overflowing bathtub at the exclusive Soho House in New York City on Dec. 9, 2010. A water leak at the hotel gave away a timeline that may have revealed her killer.
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.
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.
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
More Latest CBS News Videos
Latest CBS News Videos
Inside shooting victim Fletcher Merkel's bedroom
Eight-year-old Fletcher Merkel was one of two students killed when a gunman fired randomly into the Annunciation Catholic Church in Minneapolis last August. Steve Hartman (who documented the bedrooms of young shooting victims in the Oscar-winning short documentary "All the Empty Rooms") talked with Fletcher's parents, Jesse and Mollie, about their son, and the sacred space he left behind. [For more, visit cbsnews.com/rooms]
Milan's Casa Verdi, a rest home for musicians living in harmony
Opera great Giuseppe Verdi, one of history's most successful composers, used his fortune to create a retirement home for professional musicians "not favored by fortune." Residents of Casa Verdi in Milan not only share their lifetimes of artistry, they also provide master classes to young musicians. Chris Livesay reports.
Passage: In memoriam
"Sunday Morning" remembers some of the notable figures who left us this week, including actress Hayden Panettiere, star of "Nashville" and "Heroes."
From the ashes arise origami koi
In the 1990s, Robert Lang, a physicist who once designed lasers for NASA, became a leading figure in the world of origami, combining math and art to create magic. After the 2025 Altadena wildfire destroyed his house, and a lifetime's works of folded paper, Lang set out to recreate his designs – and the origami community joined in. Tracy Smith reports.
Capturing an immortal photograph of jazz legends
In 1958, photographer Art Kane assembled many of the greatest legends in jazz on a brownstone stoop in Harlem; his picture became one of the most famous images ever taken of artistic royalty. Correspondent Mo Rocca talks about Kane's iconic group portrait with the photographer's son, Jonathan; and about the legacy the musicians left behind with legendary bassist Ron Carter, who played alongside nearly all of the jazz greats pictured that hot August day.