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.
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.
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.
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.
Live
Iran declares it has won the war as U.S. turns to economic warfare
Iran's president said Friday the world had "approved" the country's victory, as Vice President JD Vance declares economic pressure "the most effective tool that we have."
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.
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.
Buffalo Bills defensive tackle Ed Oliver mourning death of 2-year-old son
The Buffalo Bills expressed their condolences to defensive tackle Ed Oliver on the death of his 2-year-old son.
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.
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.
U.S.
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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.
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.
Buffalo Bills defensive tackle Ed Oliver mourning death of 2-year-old son
The Buffalo Bills expressed their condolences to defensive tackle Ed Oliver on the death of his 2-year-old son.
MoneyWatch
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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
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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
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HealthWatch
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.
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.
Mom says postpartum psychosis made her feel like "such a monster"
As the trial of Lindsay Clancy brings renewed attention to postpartum psychosis, Haley Ashcom shares her experience with the dangerous condition.
World
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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.
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.
Sword attack at school in Sweden kills 17-year-old girl, officials say
An 18-year-old with a sword attacked a school on Friday in central Sweden, killing a 17-year-old girl and seriously injuring at least two others.
Russian strike kills 15 people at shopping mall in Zelenskyy's hometown
Zelenskyy described the attack as a double-tap strike, in which an initial wave of drones hit the area, followed by a second wave as rescue workers responded.
Entertainment
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Entertainment
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."
Grace Potter performs "Run Baby Run"
Four-time Grammy nominee Grace Potter returns to "CBS Saturday Morning" to jam out. Her seventh album, "Trespasser," is inspired by road trips from her California home to her native Vermont. Here's Grace Potter with "Run Baby Run."
Grace Potter sings "Main Street USA"
Four-time Grammy nominee Grace Potter returns to "CBS Saturday Morning" to jam out. Her seventh album, "Trespasser," is inspired by road trips from her California home to her native Vermont. Here's Grace Potter with "Main Street USA."
Grace Potter sings "Love Me Not"
Four-time Grammy nominee Grace Potter returns to "CBS Saturday Morning" to jam out. Her seventh album, "Trespasser," is inspired by road trips from her California home to her native Vermont. Here's Grace Potter with "Love Me Not."
Iconic props up for grabs at movie auction
Iconic film props and other movie memorabilia from classic Hollywood flicks are up for auction. Kris Van Cleave has more.
Technology
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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
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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
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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
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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
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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.
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
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Latest CBS News Videos
Retiree helps families bond with free tables
Brian Unger tells the story of a Georgia retiree who built a second career crafting tables for families in need.
Big Bend residents concerned over border wall
A new $7.5 billion border wall construction project in Big Bend, Texas, is drawing bipartisan outrage in the community. Nicole Sganga has more.
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.