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
U.S. sinks 7 Iranian boats as Iran attacks UAE, ships in Strait of Hormuz
Iran launched attacks on the UAE and tankers in the Strait of Hormuz while the U.S. destroyed Iranian boats "that attempted to interfere" with Project Freedom.
Judge "very troubled" by accused correspondents' dinner gunman's treatment in jail
A federal judge on Monday sharply criticized the treatment of accused White House Correspondents' Dinner attacker Cole Allen, at one point apologizing to the defendant for what he saw as overly restrictive and punitive conditions in jail.
2 U.S. Navy destroyers transit Strait of Hormuz after dodging Iranian onslaught
Two U.S. Navy destroyers transited the Strait of Hormuz and entered the Persian Gulf after navigating an Iranian barrage, according to defense officials.
Exclusive
Inside the effort to replace America's Minuteman III nuclear missiles
Hundreds of Minuteman III nuclear missile silos dot the landscape from Colorado up to the Canadian border, but a major transition is underway.
1 missing U.S. soldier in Morocco was trying to save another, officials say
Search and rescue efforts were still underway as of Monday after the two U.S. Army soldiers went missing off Morocco's southern coast over the weekend while off duty during a training exercise.
Blake Lively and Justin Baldoni reach settlement in "It Ends With Us" lawsuit
A trial in the lawsuit between Blake Lively and Justin Baldoni was set to begin later in May.
SCOTUS lets redistricting ruling take effect immediately, sparking angry exchange
The Supreme Court on Monday allowed last week's landmark decision striking down Louisiana's congressional map to take effect immediately, drawing a sharp back-and-forth between two justices.
Rudy Giuliani hospitalized in critical condition, spokesperson says
The 81-year-old former New York City mayor has been hospitalized for pneumonia, his spokesperson said.
Exclusive
Elizabeth Smart says she feels liberated after body building competitions
Elizabeth Smart, who survived abduction and sexual abuse as a teenager and went on to become a child safety advocate, recently revealed a pivot into body building.
U.S.
More U.S.
SCOTUS lets redistricting ruling take effect immediately, sparking angry exchange
The Supreme Court on Monday allowed last week's landmark decision striking down Louisiana's congressional map to take effect immediately, drawing a sharp back-and-forth between two justices.
Exclusive
Inside the effort to replace America's Minuteman III nuclear missiles
Hundreds of Minuteman III nuclear missile silos dot the landscape from Colorado up to the Canadian border, but a major transition is underway.
1 missing U.S. soldier in Morocco was trying to save another, officials say
Search and rescue efforts were still underway as of Monday after the two U.S. Army soldiers went missing off Morocco's southern coast over the weekend while off duty during a training exercise.
Judge "very troubled" by accused correspondents' dinner gunman's treatment in jail
A federal judge on Monday sharply criticized the treatment of accused White House Correspondents' Dinner attacker Cole Allen, at one point apologizing to the defendant for what he saw as overly restrictive and punitive conditions in jail.
Blake Lively and Justin Baldoni reach settlement in "It Ends With Us" lawsuit
A trial in the lawsuit between Blake Lively and Justin Baldoni was set to begin later in May.
MoneyWatch
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How much does a ticket to the Met Gala cost in 2026?
Tickets for Monday's Metropolitan Museum of Art event in New York City are into the six figures — if you get an invite.
Spirit Airlines says it has refunded most customers after shutdown
Some Spirit Airlines customers with flight tickets could be out of luck after the discount carrier ceased operations.
Trump family's World Liberty Financial sues billionaire for defamation
The lawsuit ramps up a feud between World Liberty Financial and Sun, who last month sued the Trump-backed company for fraud.
GameStop offers to buy eBay for $55.5 billion, threatens hostile bid
EBay said on Monday that it will "carefully review" GameStop's unsolicited $ 125-per-share takeover offer.
9 tribes sue to stop exploratory drilling in Black Hills near sacred site
Nine Native American tribes in South Dakota, North Dakota and Nebraska are suing the federal government in a bid to stop exploratory drilling for graphite near a sacred site in the Black Hills.
Politics
More Politics
SCOTUS lets redistricting ruling take effect immediately, sparking angry exchange
The Supreme Court on Monday allowed last week's landmark decision striking down Louisiana's congressional map to take effect immediately, drawing a sharp back-and-forth between two justices.
2 U.S. Navy destroyers transit Strait of Hormuz after dodging Iranian onslaught
Two U.S. Navy destroyers transited the Strait of Hormuz and entered the Persian Gulf after navigating an Iranian barrage, according to defense officials.
Judge "very troubled" by accused correspondents' dinner gunman's treatment in jail
A federal judge on Monday sharply criticized the treatment of accused White House Correspondents' Dinner attacker Cole Allen, at one point apologizing to the defendant for what he saw as overly restrictive and punitive conditions in jail.
Alito temporarily restores FDA rule allowing abortion pill to be sent by mail
A federal appeals court blocked a FDA rule that allowed the abortion pill mifepristone to be dispensed through the mail.
Full transcript of "Face the Nation with Margaret Brennan," May 3, 2026
On this "Face the Nation with Margaret Brennan" broadcast, White House Economic Council Director Kevin Hassett and Sen. Raphael Warnock join Margaret Brennan.
HealthWatch
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HealthWatch
Latest on apparent hantavirus cruise outbreak
A suspected outbreak of hantavirus on a cruise ship has killed three people, officials say. Tom Hanson reports.
Alito temporarily restores FDA rule allowing abortion pill to be sent by mail
A federal appeals court blocked a FDA rule that allowed the abortion pill mifepristone to be dispensed through the mail.
Apparent hantavirus outbreak kills 3 on cruise ship, sickens at least 3 more
A suspected outbreak of the rare hantavirus on a cruise ship in the Atlantic off Africa killed three people and sickened at least three others, health officials say.
5/3: Sunday Morning
Hosted by Jane Pauley. Featured: The effects of overtourism; horse therapy; a tool to help keep dementia in check; Sting on "The Last Ship"; a golf journalist takes over a failing golf course; a Mozart exhibition; and collecting PEZ dispensers.
A tool to help keep dementia in check
Many people fear that a family history of dementia dooms them to inevitably suffer the condition themselves. But a new tool, the Brain Care Score, shows how lifestyle changes can be beneficial, cutting the risk of dementia. National Public Radio correspondent Allison Aubrey talks with neurologist Dr. Jonathan Rosand about how making changes to your daily habits might just be the prescription needed.
World
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2 U.S. Navy destroyers transit Strait of Hormuz after dodging Iranian onslaught
Two U.S. Navy destroyers transited the Strait of Hormuz and entered the Persian Gulf after navigating an Iranian barrage, according to defense officials.
1 missing U.S. soldier in Morocco was trying to save another, officials say
Search and rescue efforts were still underway as of Monday after the two U.S. Army soldiers went missing off Morocco's southern coast over the weekend while off duty during a training exercise.
Russia and Ukraine declare separate ceasefires ahead of WWII anniversary
Russia on Monday declared a unilateral ceasefire with Ukraine between May 8-9, when Moscow marks its annual World War II Victory Day commemorations.
2 dead after driver plows into people in Leipzig, Germany
Police said several were injured in the incident, which happened in the Grimmaische Strasse, a street that leads into central Leipzig's shopping area.
Record cocaine haul seized in Atlantic by Spanish police, union says
Spanish police impounded what is believed to be a national record haul of cocaine from a ship, with the seizure potentially reaching 40 tons, a union said.
Entertainment
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Entertainment
Best 2026 Met Gala looks
Celebrities graced the Met's green and white carpet with their interpretations of this year's dress code, "Fashion is Art," inspired by the exhibit "Costume Art." Here are some of the most unforgettable, showstopping looks of the night.
Celebrities arrive at Met Gala
The Met Gala got underway in New York City Monday night, but it wasn't without controversy. CBS News reporter Jared Ochacher has more.
Justin Baldoni and Blake Lively settle
Justin Baldoni and Blake Lively have reached a settlement in their legal battle over the making of "It Ends With Us." Details of the agreement have not yet been made public.
Controversy at 2026 Met Gala
The 2026 Met Gala is facing controversy over its honorary chairs, Amazon founder Jeff Bezos and his wife, Lauren Sanchez Bezos. Adrianna Diaz reports.
Blake Lively and Justin Baldoni reach settlement in "It Ends With Us" lawsuit
A trial in the lawsuit between Blake Lively and Justin Baldoni was set to begin later in May.
Technology
More Technology
GameStop offers to buy eBay for $55.5 billion, threatens hostile bid
EBay said on Monday that it will "carefully review" GameStop's unsolicited $ 125-per-share takeover offer.
Almanac: May 3
"Sunday Morning" looks back at historical events on this date.
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.
Reducing data center impact on U.S. power grid
Powerful artificial intelligence data centers are putting a significant strain on the nation's power grid, but one U.S.-based company has a proposal to help solve the issue. Jon Parella, CEO and founder of Terraflow Energy, joins to discuss.
Apple's latest earnings beat expectations
Apple's latest earnings report beat Wall Street expectations. CBS News contributor Patrick McGee joins with more.
Science
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Mysterious world beyond Pluto may have atmosphere, study says
If confirmed, the rock would become just the second world past Neptune in our solar system to host an atmosphere.
Bill Nye on the Artemis II moon mission
Bill Nye The Science Guy, the chief ambassador of The Planetary Society, joins CBS News 24/7 Mornings with more after meeting the Artemis II crew in person after their successful mission around the moon.
Trump administration fires board overseeing National Science Foundation
The Trump administration has fired all 22 current members of an independent board that oversees the National Science Foundation, one dismissed member says.
AI used to reveal face of victim fleeing Mount Vesuvius eruption
Archaeologists found the victim holding a terracotta mortar, which they interpret as an improvised attempt to shield his head.
In a first, endangered orangutan seen using canopy bridge to cross road
Rapid development has been shrinking the jungle habitat of the critically endangered species, and fatal conflicts with people have been increasing.
Crime
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Crime
Gunman shot near Washington Monument
The White House was on lockdown Monday afternoon after the Secret Service shot a gunman just blocks away near the Washington Monument. Nicole Sganga reports.
Cole Allen moved off suicide watch
Cole Allen, the suspected shooter at the White House Correspondents' Dinner, was moved off suicide watch in jail ahead of his appearance in court on Monday. CBS News senior coordinating producer Anna Schecter has more.
Record cocaine haul seized in Atlantic by Spanish police, union says
Spanish police impounded what is believed to be a national record haul of cocaine from a ship, with the seizure potentially reaching 40 tons, a union said.
Claims on shot that hit Secret Service agent
U.S. Attorney for the District of Columbia Jeanine Pirro is claiming that Cole Allen, the suspect linked to a shooting at the White House Correspondents' Dinner, fired a shot that hit a Secret Service agent's vest. CBS News' Katrina Kaufman has more.
Shooting at lake near Oklahoma City leaves at least 18 injured
At least 18 people were at hospitals following a shooting at a party at Arcadia Lake, near Oklahoma City, police say.
Space
More Space
Mysterious world beyond Pluto may have atmosphere, study says
If confirmed, the rock would become just the second world past Neptune in our solar system to host an atmosphere.
Artemis crew surprises 5-year-old aspiring astronaut with special gift
The Artemis II team gained a new member, and the crew made sure their youngest teammate had the right stuff for space.
Artemis II crew reveals what snack they ate right after splashdown
The Artemis II astronauts said they actually really enjoyed the space food, but it was a familiar candy they enjoyed after splashing down in the Pacific Ocean.
Artemis II astronauts talk mission toilet troubles: "We made do"
The plumbing issues aboard the Orion capsule became headline news in the early days of the historic Artemis II mission.
Only on CBS
Artemis crew tells kids moon flight was "the best roller coaster ride"
The Artemis II astronauts joined "CBS Mornings" for a live town hall where they took questions from kids just weeks after returning from their historic moon mission.
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
More Latest CBS News Videos
Latest CBS News Videos
Best 2026 Met Gala looks
Celebrities graced the Met's green and white carpet with their interpretations of this year's dress code, "Fashion is Art," inspired by the exhibit "Costume Art." Here are some of the most unforgettable, showstopping looks of the night.
Breaking down the U.S. gerrymandering battle
Florida has become the latest state to approve a partisan gerrymandered congressional map. CBS News executive director of elections and surveys Anthony Salvanto has a look at the nationwide congressional redistricting moves.
5/4: The Takeout with Major Garrett
Fallout continues from Spirit Airlines' closure; new details on missing U.S. soldiers in Morocco.
5/4: CBS Evening News
Secret Service shoots gunman near Washington Monument; United flight was only 20 feet above New Jersey Turnpike when landing gear hit truck.
Update on suspect in D.C. press gala shooting
A federal judge on Monday criticized the treatment of accused White House Correspondents' Dinner attacker Cole Allen, at one point apologizing to the defendant for what he saw as overly restrictive and punitive conditions at the D.C. jail where he is being held. CBS News' Jake Rosen reports.