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.
House votes to rein in Trump on Iran as war loses GOP support
In May, the Senate advanced a similar measure to force the president to end the prolonged conflict with Iran.
Trump expected to nominate Todd Blanche as permanent attorney general
President Trump is expected to nominate Acting Attorney General Todd Blanche to serve in the role permanently, several sources familiar with the matter told CBS News.
Live
Iran attacks Kuwait airport as Israel, Lebanon reach tentative ceasefire
Israel and Lebanon agreed Wednesday to renew their fragile ceasefire and create a number of "pilot" security zones inside Lebanon where Hezbollah would be banned.
Bessent testifies he told Pulte he was "going to kick his a**," not punch him
Bill Pulte, President Trump's pick for acting director of national intelligence, is being met with some skepticism on Capitol Hill.
Israel and Lebanon agree to renew ceasefire if Hezbollah cuts off attacks
The Israeli and Lebanese governments have agreed to implement a ceasefire, after weeks of deadly fighting between Israel and Hezbollah had imperiled broader negotiations between the U.S. and Iran to end their conflict.
Senate advances reconciliation bill, dropping ballroom funds
Senate Republicans moved forward with a package to fund the Department of Homeland Security's immigration agencies Wednesday.
Flesh-eating New World screwworm found in Texas calf, USDA says
The USDA said the only animal affected was a 3-week-old calf in Zavala County, Texas, after larvae were identified in its umbilical area.
SPLC asks judge to weigh sanctions against DOJ for sending out unsigned indictment copy
The Southern Poverty Law Center asked a judge to consider sanctioning federal prosecutors, after the DOJ shared an unsigned and unstamped copy of a superseding indictment with members of the media.
NASA reluctantly gives up on lost orbiter: "Best Mars mission ever"
NASA officials said the $582 million MAVEN orbiter could not be recovered after a problem on the far side of Mars late last year, and that its extraordinarily successful mission was at an end.
U.S.
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Ohio State reaches $100 million settlement over school doctor accused of sex abuse
The school has fought lawsuits in federal court since 2018 brought by former student athletes against the university over its failure to stop abuse by Dr. Richard Strauss.
Flesh-eating New World screwworm found in Texas calf, USDA says
The USDA said the only animal affected was a 3-week-old calf in Zavala County, Texas, after larvae were identified in its umbilical area.
NASA reluctantly gives up on lost orbiter: "Best Mars mission ever"
NASA officials said the $582 million MAVEN orbiter could not be recovered after a problem on the far side of Mars late last year, and that its extraordinarily successful mission was at an end.
Victim of "horrifying" Chelsea murder identified after 26 years
"Chelsea Jane Doe" has been identified as Tiffany Bradley of Pennsylvania.
American Airlines suspends 6 routes because of high jet fuel costs
American Airlines said it is temporarily cutting six routes amid rising jet fuel costs, including several flights to Los Angeles.
MoneyWatch
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American Airlines suspends 6 routes because of high jet fuel costs
American Airlines said it is temporarily cutting six routes amid rising jet fuel costs, including several flights to Los Angeles.
Ford recalls nearly 420,000 vehicles over faulty seat belts
Safety watchdog said seat belts in certain Ford Expedition and Lincoln vehicles may inadvertently lock, preventing them from functioning properly.
These are the best airlines in 2026, according to The Points Guy
The Points Guy's annual ranking gives extra weight to affordability this year as higher fuel costs and airline fees squeeze travelers.
Outback Steakhouse sued for $1.5M over alleged mashed potato slip-and-fall
A Virginia woman alleges she suffered serious injuries after slipping on what appeared to be mashed potatoes at an Outback Steakhouse.
Social Security checks could be cut by $500 a month in 2032, report finds
Beneficiaries would continue receiving payments if Social Security's trust fund is depleted, but checks could shrink by about 24%, according to a new report.
Politics
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Trump expected to nominate Todd Blanche as permanent attorney general
President Trump is expected to nominate Acting Attorney General Todd Blanche to serve in the role permanently, several sources familiar with the matter told CBS News.
SPLC asks judge to weigh sanctions against DOJ for sending out unsigned indictment copy
The Southern Poverty Law Center asked a judge to consider sanctioning federal prosecutors, after the DOJ shared an unsigned and unstamped copy of a superseding indictment with members of the media.
Israel and Lebanon agree to renew ceasefire if Hezbollah cuts off attacks
The Israeli and Lebanese governments have agreed to implement a ceasefire, after weeks of deadly fighting between Israel and Hezbollah had imperiled broader negotiations between the U.S. and Iran to end their conflict.
House votes to rein in Trump on Iran as war loses GOP support
In May, the Senate advanced a similar measure to force the president to end the prolonged conflict with Iran.
Connie Chan and Scott Wiener advance in race to succeed Pelosi, CBS News projects
Voters in San Francisco on Tuesday advanced San Francisco Supervisor Connie Chan and state Sen. Scott Wiener in the race to succeed former House Speaker Nancy Pelosi in California's 11th Congressional District, CBS News projects.
HealthWatch
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Upcoming billing change could make pregnancy pricier
Come January, pregnancy care physician billing codes will change from a bundled system to an à la carte one.
Possible flesh-eating screwworm case in Texas, USDA says
A possible case of the flesh-eating New World screwworm is being investigated in Texas, the USDA reported Wednesday.
WHO massively scales back number of suspected Ebola cases in Congo
While 330 Ebola infections are confirmed in central Africa and huge challenges remain, hundreds more suspected cases "have been cleared out," the WHO says.
Details on promising pancreatic cancer drug
A new drug was shown in trials to keep pancreatic cancer patients alive for twice as long as chemotherapy alone. Dr. Jon LaPook has more.
A nurse stole fentanyl and AI missed it, state records say
Sentri7, drug diversion software powered by artificial intelligence and used at hundreds of U.S. hospitals, did not catch a monthslong string of fentanyl thefts in Tennessee in 2025, according to a state document.
World
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Israel and Lebanon agree to renew ceasefire if Hezbollah cuts off attacks
The Israeli and Lebanese governments have agreed to implement a ceasefire, after weeks of deadly fighting between Israel and Hezbollah had imperiled broader negotiations between the U.S. and Iran to end their conflict.
North Korea announces opening of a new nuclear facility
State media photos showed what appeared to be a large centrifuge hall, indicating the plant is likely used to enrich weapons-grade uranium.
House votes to rein in Trump on Iran as war loses GOP support
In May, the Senate advanced a similar measure to force the president to end the prolonged conflict with Iran.
8 bagged bodies found with note in narco-trafficking hotspot
The discovery comes in the midst of a U.S.-backed military crackdown on the organized crime gangs in Ecuador.
Scientists find yeast in frozen mummy's guts, use it to make bread
More than 5,300 years ago, Oetzi the Iceman was strolling through the Alps on the border of Austria and Italy when he was killed by an arrow in the back.
Entertainment
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Entertainment
Jon Hamm talks "Your Friends & Neighbors"
Jon Hamm previews "Your Friends & Neighbors" season 2 finale, saying "it is satisfying" and provides some answers for fans. He also talks about the relatability of the show's characters and reflects on "Mad Men."
André De Shields on Tony nomination
André De Shields speaks to "CBS Mornings" about starring in "Cats: The Jellicle Ball," which is a reimagining of Andrew Lloyd Webber's classical musical told through the lens of ballroom culture. De Shields talks about bringing ballroom to Broadway and his latest Tony nomination.
Tribeca at 25: NYC festival celebrates music, Broadway and New York stories
The 25th edition of the film and media festival opens on Wednesday, showcasing more than 100 world premiere documentaries and narrative features, as well as short films, live music, podcasts and conversations with leading entertainment figures.
Analyzing the YouTuber-to-filmmaker boom
The sci-fi horror flick "Backrooms" was the number one movie in the U.S. as of Tuesday. The filmmaker behind the movie, 20-year-old YouTuber Kane Parsons, is now the youngest director with a number one film globally. Brooks Barnes, The New York Times' chief Hollywood correspondent, joins "The Daily Report" to discuss.
Peabo Bryson, singer known for Disney movie hits, dies at 75
Peabo Bryson, a two-time Grammy-winning singer and songwriter known for Disney movie hits "Beauty and the Beast" and "A Whole New World," has died at age 75.
Technology
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Technology
ChatGPT user describes AI-fueled delusions
CBS News spoke with five people who say they were led to believe they had developed an emotional connection to an AI chatbot. They are now involved in a digital support group for people who say they experienced AI-fueled delusions or spirals. ChatGPT user Micky Small joins "The Daily Report" to share her experience.
OpenAI CEO meets with lawmakers on Capitol Hill
OpenAI CEO Sam Altman met with Republican and Democratic lawmakers on Wednesday to oppose proposals that would require developers to obtain government approval before releasing new artificial intelligence models. Jordan Rae Kelly, former director for cyber incident response on the National Security Council, joins with analysis.
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.
Microsoft VP explains its AI assistant Scout
Microsoft announced a slew of new AI products during its annual Microsoft Build developers conference in San Francisco. Scott Hanselman, a Microsoft vice president, speaks with CBS News about the product.
Meta unveils new AI business agent
Businesses can now expand their AI customer service with Meta's help. Senior technology reporter Abrar Al-Heeti joins CBS News to talk about that and some of the other big tech stories of the day.
Science
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El Niño could bring more widespread coral bleaching, NOAA warns
The expected arrival of El Niño this summer could trigger another mass coral bleaching event, which would be the fifth on record, researchers said.
Scientists find yeast in frozen mummy's guts, use it to make bread
More than 5,300 years ago, Oetzi the Iceman was strolling through the Alps on the border of Austria and Italy when he was killed by an arrow in the back.
Meteor lights up southern Michigan
Days after a meteor exploded over New England, another fireball was spotted, visible in the Midwest to the Northeast. Rob Marciano has more.
Ancient coin, mysterious markings found under Notre Dame cathedral
A team of archaeologists at the iconic cathedral is digging straight down and back in time, to Roman Paris 2,000 years ago.
NASA taps 2 companies to develop buggies for its moon base program
The FLEX Rover will be equipped to carry two astronauts and traverse hundreds of miles of lunar terrain.
Crime
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1 dead, 3 hurt in high school graduation shooting in Northern California, officials say
One person died and three others, including a child, were injured in a shooting Wednesday night at a high school graduation in Northern California, officials said.
Ohio State reaches $100 million settlement over school doctor accused of sex abuse
The school has fought lawsuits in federal court since 2018 brought by former student athletes against the university over its failure to stop abuse by Dr. Richard Strauss.
Coast Guard searching in Lynette Hooker case
A team of specialized Coast Guard divers and investigators have been searching the Sea of Abaco in the Bahamas for missing Michigan mother Lynette Hooker. Cristian Benavides reports.
FBI kills hostage-taker in California
A 15-hour standoff at a bank building in Bakersfield, California, ended Wednesday after all hostages were freed and the suspect was killed by the FBI. Jonathan Vigliotti reports.
Details on suspect in bank hostage standoff
All hostages are safe and a suspect is dead after an hourslong standoff at a bank in California, police said on Wednesday. CBS News correspondent Carter Evans has the details.
Space
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NASA reluctantly gives up on lost orbiter: "Best Mars mission ever"
NASA officials said the $582 million MAVEN orbiter could not be recovered after a problem on the far side of Mars late last year, and that its extraordinarily successful mission was at an end.
Blue Origin vows to resume New Glenn launches despite explosion
Damage to Blue Origin's lone launch pad in the wake of last week's spectacular explosion was not as severe as initially feared, the company said.
NASA taps 2 companies to develop buggies for its moon base program
The FLEX Rover will be equipped to carry two astronauts and traverse hundreds of miles of lunar terrain.
Blue Origin assesses impact of New Glenn explosion
Blue Origin assess the impact of Thursday's New Glenn explosion, prompting concern about NASA moon program delays.
Blue micromoon makes rare appearance this weekend
A rare blue micromoon will appear in night skies this weekend. Here's what to expect.
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
ChatGPT user describes AI-fueled delusions
CBS News spoke with five people who say they were led to believe they had developed an emotional connection to an AI chatbot. They are now involved in a digital support group for people who say they experienced AI-fueled delusions or spirals. ChatGPT user Micky Small joins "The Daily Report" to share her experience.
U.S.-Iran tensions on rise
Over the past 24 hours, the U.S. and Iran have executed some of the most intense fighting since the ceasefire went into effect, and unlike other cases where military targets were hit, a civilian area came under fire. CBS News national security analyst Aaron MacLean has more.
State of primary ballot count in California
Election results from California's primary races were still coming in on Wednesday. CBS News' Anthony Salvanto has the latest on the races.
Video store sees new demand for VHS tapes, DVDs
A Brooklyn video store is going old school and it's drawing a new generation of movie fans. Evyn Moon shows how DVD and VHS are making a comeback as people trade algorithms for aisle browsing.
6/3: The Takeout with Major Garrett
House passes measure that would rein in Trump on Iran; Trump says Iran talks are ongoing despite recent attack.