Yellen sticks to June 1 as possible U.S. default date
Secretary Janet Yellen told Congress Monday that the Treasury Department has already seen borrowing costs "increase substantially" for securities maturing in early June.
Debt Ceiling
Debt ceiling showdown continues in D.C.
Alex Gangitano, a White House reporter for The Hill, joins CBS News' Lilia Luciano and Tony Dokoupil to discuss the ongoing debt ceiling standoff in Washington. President Biden is expected to meet with congressional leaders for a second time to discuss the issue on Tuesday.
Immigration, debt ceiling on Biden's agenda
The number of migrants crossing the southern border has dropped following the expiration of Title 42. President Biden is expected to meet with congressional leaders this week to discuss the debt crisis. CBS News senior White House correspondent Weijia Jiang and CBS News congressional correspondent Nikole Killion join Anne-Marie Green and Vlad Duthiers with more.
Biden to host second debt limit meeting
President Biden is expected to meet with the top members of Congress for a second time to discuss the debt ceiling. CBS News Congressional correspondent Nikole Killion joins Lilia Luciano and Tony Dokoupil to discuss the ongoing debt limit showdown in Washington, D.C.
Debt ceiling talks to continue
President Biden and top congressional leaders are expected to continue talks this week to avoid a debt ceiling crisis. CBS News senior White House correspondent Weijia Jiang joins "CBS News Mornings" to discuss.
U.S. at risk of default in first 2 weeks of June
The Congressional Budget Office said Friday there is a significant risk the U.S. won't be able to pay its bills sometime in the first two weeks of June unless lawmakers reach a deal to raise the debt ceiling. CBS News congressional correspondent Nikole Killion has the latest on where negotiations stand.
Debt ceiling talks continuing between staffs
President Biden and congressional leaders postponed a meeting scheduled for Friday on the debt ceiling, but talks were ongoing between White House staff and aides to the lawmakers. CBS News reporter Sarah Ewall-Wice joined Anne-Marie Green to discuss the latest in the discussions.
Political panel on Title 42, Trump and more
CBS News political contributor Ashley Etienne and CBS News political analyst Leslie Sanchez join anchors Anne-Marie Green and Vlad Duthiers to discuss some of the top stories of the week, including the expiration of the Title 42 border policy, former President Trump's town hall, and the looming deadline over the debt ceiling.
Biden, McCarthy postpone debt limit meeting
President Biden and top Republicans are postponing a planned White House meeting on the debt ceiling. CBS News congressional correspondent Scott MacFarlane joins with the latest.
What happens to Social Security if the U.S. breaches the debt ceiling?
Millions of Social Security recipients "need to be very careful" about spending because payments could be delayed, one expert said.
Can the 14th Amendment be used for the debt ceiling?
The 14th Amendment states the validity of the debt "shall not be questioned" — but invoking it might not protect the U.S. from economic consequences.
Biden to host second debt ceiling meeting
President Biden will host his second debt ceiling meeting with Congressional leaders Friday, after Treasury Secretary Janet Yellen warned of serious economic consequences if the U.S. defaults on its debt. CBS News senior White House and political correspondent Ed O'Keefe joins us to discuss that plus a new Biden administration proposal to reduce power plant emissions.
New economic data signals easing inflation
Economic data released Thursday shows that U.S. wholesale price increases decelerated in April and unemployment claims increased in the week ending May 6. Meanwhile, Treasury Secretary Janet Yellen warns that if the U.S. defaults on its debt, it could threaten the global economy. Jeanna Smialek, a Federal Reserve and economy reporter at the New York Times, joins CBS News to discuss.
Trump CNN town hall highlights: E. Jean Carroll reaction, debt, more
Former President Donald Trump said in a CNN town hall that Carroll's story was "fake" and "made up," despite the swift and unanimous verdict.
Yellen: U.S. default would be a "catastrophe"
The treasury secretary also told G-7 finance ministers and central bank chiefs meeting in Japan that a first-ever U.S. default on its debts is "unthinkable."
14th Amendment and debt ceiling connection
Legal experts have been pushing for creative solutions to do away with the problem of the debt ceiling altogether. One is to rely on the 14th Amendment of the Constitution. Jeff Stein, White House economics reporter for the Washington Post, breaks down the proposed approach.
Debt ceiling talks to continue
President Biden will meet with the top four members of Congress again on Friday after he and the lawmakers appeared to make little progress on the debt ceiling Tuesday. CBS News senior White House and political correspondent Ed O'Keefe joins Errol Barnett and Lana Zak to discuss on the latest the ongoing debt limit battle.
No deal after debt ceiling meeting
President Biden and the top congressional leaders are planning to meet again on Friday after their meeting on the debt ceiling Tuesday ended with no clear path forward. CBS News senior White House and political correspondent Ed O'Keefe joins "CBS News Mornings" with more on what the next steps are.
No debt ceiling deal reached
No deal was reached Tuesday during a White House meeting with congressional leaders about raising the debt ceiling. House Speaker Kevin McCarthy said staff members representing them will continue to talk, and all five leaders will meet again. Ed O'Keefe reports from the White House.
What a default could do to the U.S. economy
"No one should assume that the Fed can… really protect the economy and the financial system, and our reputation globally, from the damage such an event might inflict," Federal Reserve Chairman Jerome Powell said.
Where lawmakers can compromise on debt limit
President Biden hosted top congressional leaders at the White House Tuesday afternoon to discuss the debt ceiling standoff. Mark Zandi, chief economist for Moody's Analytics, joins with a look at where talks could go in the coming weeks.
Biden hosts debt ceiling talks at White House
President Biden is meeting with top congressional leaders at the White House about the debt ceiling. CBS News senior White House correspondent Weijia Jiang and CBS News congressional correspondent Scott MacFarlane join with the latest from D.C.
Dickerson on how presidents make decisions
In the debt ceiling negotiations, President Biden and congressional leaders are puzzling over a set of probabilities. John Dickerson examines how presidents ultimately land on an outcome.
Biden, McCarthy speak out after debt summit
President Biden met with top congressional leaders Tuesday, trying to prevent the economic chaos a default would cause if an agreement isn't reached on the debt ceiling. After the meeting, the president pointed out how far apart the two sides are. CBS News chief White House correspondent Nancy Cordes reports.
Biden, Republicans still far apart on raising debt ceiling
Republicans and Democrats still appear far apart on raising or suspending the debt ceiling. The five leaders are expected to meet again Friday.
Live
Iran's president says U.S. call for unconditional surrender is "a dream"
Iran's president said Iran would suspend strikes on regional neighbors unless attacks come from them.
Hegseth says anyone helping Iran's war efforts will be "confronted strongly"
Defense Secretary Pete Hegseth said the U.S. will confront "anything that shouldn't be happening, whether it's in public or back-channeled."
Bodycam video contradicts ICE claims in fatal shooting of Ruben Ray Martinez
Video of last year's fatal shooting of Ruben Ray Martinez obtained by CBS News appears to contradict claims that Martinez was shot by an ICE agent because he "accelerated" and "intentionally ran over" another agent.
Fears for Americans jailed in Iran war zone: "He must be feeling very helpless"
A lawyer for an American man held in a notorious Iranian prison says he can only hope U.S. and Israeli forces "exercise extreme caution," as concern about U.S. prisoners mounts.
At least 6 dead after tornado rips through Michigan and storms hit central U.S.
Severe storms were sweeping across the central U.S., and forecasters warned tornadoes could turn dangerous across several states.
DOJ asks appeals court to restore Trump's executive orders targeting law firms
The Justice Department on Friday asked a federal appeals court to overturn a lower court ruling that invalidated President Trump's executive orders targeting four major law firms.
Venezuela's new gold rush moves at "Trump speed," but ignores a $25M question
Venezuela's new administration is cutting deals, but there's a big reward available for a key figure.
GOP Rep. Darrell Issa says he will retire, months after declaring he's "not quitting"
Rep. Darrell Issa's abrupt reversal injects more uncertainty in the race for the newly redrawn Southern California congressional district.
Rev. Jesse Jackson honored at Chicago celebration of life
The People's Celebration, allowed former presidents, family members, and more to honor the icon of the Civil Rights Movement.
U.S.
More U.S.
GOP Rep. Darrell Issa says he will retire, months after declaring he's "not quitting"
Rep. Darrell Issa's abrupt reversal injects more uncertainty in the race for the newly redrawn Southern California congressional district.
DOJ asks appeals court to restore Trump's executive orders targeting law firms
The Justice Department on Friday asked a federal appeals court to overturn a lower court ruling that invalidated President Trump's executive orders targeting four major law firms.
At least 6 dead after tornado rips through Michigan and storms hit central U.S.
Severe storms were sweeping across the central U.S., and forecasters warned tornadoes could turn dangerous across several states.
Man convicted in plot to assassinate Trump that was tied to Iran's paramilitary
A Pakistani business owner accused of trying to hire hit men to kill a U.S. politician has been convicted in a trial that showcased allegations of Iran-backed plotting on American soil.
Trump: U.S. collegiate system could go out of business without fixes to sports
President Trump predicted the destruction not just of college sports but the entire U.S. collegiate system unless the industry is fixed quickly.
MoneyWatch
More MoneyWatch
Venezuela's new gold rush moves at "Trump speed," but ignores a $25 million question
Venezuela's new administration is cutting deals, but there's a big reward available for a key figure.
House hunting? Here's what to know as the spring buying season arrives.
Although home prices remain elevated, conditions are shaping up to be more favorable for buyers this year, experts said.
United CEO said U.S. airfares could rise as Iran war drives up oil prices
Jet fuel costs have shot up more than 50% since the U.S.-Israel attack on Iran sparked a jump in global prices.
These 10 jobs are most exposed to AI, Anthropic finds
The maker of the Claude chatbot says its research could help identify economic disruptions by measuring how AI is currently reshaping work.
Stocks sink as oil prices sizzle and U.S. hiring fizzles
Stocks fell after new government data showed U.S. employers shed 92,000 jobs in February and as investors fret over oil prices.
Politics
More Politics
GOP Rep. Darrell Issa says he will retire, months after declaring he's "not quitting"
Rep. Darrell Issa's abrupt reversal injects more uncertainty in the race for the newly redrawn Southern California congressional district.
DOJ asks appeals court to restore Trump's executive orders targeting law firms
The Justice Department on Friday asked a federal appeals court to overturn a lower court ruling that invalidated President Trump's executive orders targeting four major law firms.
Man convicted in plot to assassinate Trump that was tied to Iran's paramilitary
A Pakistani business owner accused of trying to hire hit men to kill a U.S. politician has been convicted in a trial that showcased allegations of Iran-backed plotting on American soil.
Trump: U.S. collegiate system could go out of business without fixes to sports
President Trump predicted the destruction not just of college sports but the entire U.S. collegiate system unless the industry is fixed quickly.
Bodycam video contradicts ICE claims in fatal shooting of Ruben Ray Martinez
Video of last year's fatal shooting of Ruben Ray Martinez obtained by CBS News appears to contradict claims that Martinez was shot by an ICE agent because he "accelerated" and "intentionally ran over" another agent.
HealthWatch
More HealthWatch
RFK Jr. challenges Dunkin' and Starbucks over sugary drinks
HHS Secretary RFK Jr. wants the popular coffee chains to prove their surgery drinks are safe for teens and suggested the Trump administration could place limits on your cup of coffee.
Some baby formula brands contain heavy metals, Consumer Reports says
Tests of dozens of baby formulas by Consumer Reports found that nearly half contained potentially dangerous chemicals.
States face pushback on their rural health transformation plans
Some Republican state lawmakers and health associations are pushing back against spending plans under the Trump administration's $50 billion federal rural health fund.
Chocolate supplement recalled over erectile dysfunction drug
USALESS.COM is recalling its Rhino Choco VIP 10X product due to the undeclared presence of Tadalafil, which is the active ingredient in Cialis.
College student's mystery illness diagnosed as Stage IV cancer
Emma Operacz was diagnosed with a rare cancer at 21. An unusual treatment and bone marrow donation from her sister saved her life.
World
More World
Hegseth says anyone helping Iran's war efforts will be "confronted strongly"
Defense Secretary Pete Hegseth said the U.S. will confront "anything that shouldn't be happening, whether it's in public or back-channeled."
Venezuela's new gold rush moves at "Trump speed," but ignores a $25 million question
Venezuela's new administration is cutting deals, but there's a big reward available for a key figure.
Fears for Americans jailed in Iran war zone: "He must be feeling very helpless"
A lawyer for an American man held in a notorious Iranian prison says he can only hope U.S. and Israeli forces "exercise extreme caution," as concern about U.S. prisoners mounts.
U.S. turns to Ukraine for drone defense expertise, but solutions may take time
Ukraine's President Volodymyr Zelenskyy says his country will work with the Pentagon and Gulf allies to share what it has learned during four years of drone warfare.
Russia providing intel to Iran about U.S. positions, sources say
Kremlin press secretary Dmitry Peskov told reporters Russia's government is in "dialogue" with Iranian leadership representatives.
Entertainment
More Entertainment
Book excerpt: "Judge Stone" by Viola Davis & James Patterson
The Academy Award-winning actress and the bestselling writer team up for a courtroom thriller that touches on the lightning-rod issue of abortion.
Maggie Gyllenhaal talks thriller "The Bride!"
Oscar nominee Maggie Gyllenhaal speaks about reimagining "Bride of Frankenstein" to create her new gothic thriller "The Bride!" which she wrote, produced and directed. The star-studded cast includes Jessie Buckley, Christian Bale and her brother, Jake Gyllenhaal.
Extended interview: Maggie Gyllenhaal
Maggie Gyllenhaal tells "CBS Mornings" featured host Vladimir Duthiers about the inspiration behind her new film "The Bride!," a reimagining of the 1935 classic "The Bride of Frankenstein," collaborating with its stars and more.
Britney Spears arrested on suspected DUI
Britney Spears is out of police custody after she was arrested Wednesday in California on suspicion of driving while intoxicated. A representative for Spears said this "was an unfortunate incident that is completely inexcusable," adding, "Britney is going to take the right steps and comply with the law."
Savannah Guthrie visits "Today" studio, says she intends to return to show
Savannah Guthrie thanked her colleagues for "caring about my mom as much as I do" in her visit to the studio since Nancy Guthrie's disappearance.
Technology
More Technology
Technology
Study: AI overuse can lead to "brain fry"
Artificial intelligence promised to lighten the workload while increasing productivity. But as more people are using AI for work, a new study published in Harvard Business Review finds AI overuse could cause "brain fry." CBS News correspondent Lana Zak spoke with the study's lead author to unpack the findings.
Affordable ways to protect your aging parents
The most recent government data shows nearly 28% of Americans live alone. The number has risen for decades, especially for older generations. Ash-har Quraishi shows simple tools that can provide extra security and protection for your aging loved ones.
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.
Anthropic CEO apologizes for leaked memo
The CEO of Anthropic is apologizing for a leaked internal memo amid a feud with the Pentagon over its AI model. The memo criticized the Trump administration and OpenAI. It comes after the Defense Department declared Anthropic a supply chain risk or a possible security risk.
Pentagon designates Anthropic a supply chain risk
The Pentagon formally designated artificial intelligence firm Anthropic as a supply chain risk on Thursday amid their feud over AI guardrails. Yahoo Finance senior reporter Brooke DiPalma joins CBS News with more.
Science
More Science
Sea levels higher than thought due to "methodological blind spot," study says
A new study in the journal Nature says most sea level rise research may have underestimated coastal water heights by an average of 1 foot.
NASA announces major overhaul of Artemis moon program "to take down risk"
NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
What scientists will be looking for when government UFO files are released
Documents might help scientists shed light on unexplained phenomena and government secrets, experts said.
In a first, shark seen on camera in Antarctica waters, surprising researchers
A large shark was caught on camera for the first time in Antarctica's waters, surprising researchers. "There's a general rule of thumb that you don't get sharks in Antarctica," one said.
How Washington's crossing of the Delaware presaged a changing world
On the evening of Christmas 1776, Gen. George Washington surprised the King's forces by leading the Continental Army in a surprise crossing of a near-frozen Delaware River - a watershed military maneuver that dramatized a changing America, and a changing climate.
Crime
More Crime
Austin gunman assaulted woman at Tesla facility in December, lawsuit alleges
The gunman who carried out the mass shooting last weekend in Austin, Texas, assaulted a woman three months earlier at a Tesla facility, according to a lawsuit filed Thursday in Texas.
Kouri Richins' friends take stand at trial
Becky Lloyd, a neighbor and friend of Kouri Richins, who is accused of fatally poisoning her husband in 2022, testified at her trial on Thursday about conversations they had about Richins' marriage. Lloyd said Richins' told her, "In many ways it would be better if he [Richins' husband], if he were dead" in a serious tone. Richins denies killing her husband and has pleaded not guilty to charges.
Body parts of kidnapped tourist found on Bali beach, police say
Ihor Komarov, 28, was identified from DNA samples taken from the dismembered body and compared to those of his mother, police said.
Suspect arrested in Utah triple homicide
Authorities have arrested a suspect in the killing of three women in Utah, identifying him as Ivan Miller. CBS News correspondent Carter Evans reports.
U.S. contractor who allegedly stole $46 million of crypto arrested, FBI says
John Daghita was arrested on the island of Saint Martin, FBI Director Kash Patel said.
Space
More Space
Space
Why NASA is overhauling Artemis program
NASA has announced a major overhaul of its Artemis moon program amid ongoing safety concerns. CBS News space consultant Bill Harwood has more details.
How NASA plans to get astronauts on the moon
NASA announced an overhaul to its Artemis moon program as safety concerns persist. CBS News space contributor Christian Davenport breaks down the key takeaways.
NASA announces major overhaul of Artemis moon program "to take down risk"
NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
Safety concerns over NASA's Artemis program
NASA's Artemis II mission continues to face concerns and delays. Scott E. Parazynski, a former astronaut, joins CBS News with more.
NASA rolls Artemis II back for repairs
NASA is rolling back the Artemis II moon rocket from its launch pad at the Kennedy Space Center in Florida. It is expected to take up to 12 hours to move the 322-foot rocket, with the journey spanning four miles back to its hangar for repairs. CBS News space consultant Bill Harwood has more.
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.
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
More Latest CBS News Videos
Latest CBS News Videos
Video contradicts ICE claims in fatal shooting
Video of the March 2025 fatal shooting of American citizen Ruben Ray Martinez obtained by CBS News appears to contradict claims by federal officials that an Immigration and Customs Enforcement agent shot Martinez because he "accelerated" and "intentionally ran over" another agent with his car. The footage shows that Martinez's car, a blue Ford Fusion, was stationary or going at a very low rate of speed when he was fatally shot, and the brake lights appear to be on. CBS News reached out to representatives for the Department of Homeland Security seeking comment on the footage and is awaiting a response.
Doctor adopts boy, finds homes for siblings
When a little boy showed up alone for a major procedure in Nebraska, an anesthesiologist stepped in. As Steve Hartman reports, she didn't stop there.
Man charged in killings of three women in Utah
Authorities in Utah have identified the man taken into custody on suspicion of killing three women. Jonathan Vigliotti reports.
Tornado leaves path of destruction in Michigan
A tornado tore through southern Michigan, leaving a path of destruction through the town of Three Rivers. Omar Villafranca has details.
Oil and jobs report drive Wall Street volatility
Oil and gas prices are going up, and stock values are coming down as the war with Iran reaches nearly one week. Meanwhile, the U.S. job market lost 92,000 jobs in February, marking an unexpected setback for the economy. Kelly O'Grady has analysis.