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The White House said Monday that the chairman of the Federal Deposit Insurance Corporation will step down in the wake of a damning report about the agency's toxic workplace culture.
Regulators have closed Republic First Bank's 32 branches in Pennsylvania, New Jersey and New York and they will be taken over by Fulton Bank.
The cuts come shortly after Citi laid off 10% of its senior staff as part of a restructuring effort aimed at boosting its earnings.
New polling from Gallup shows that 48% of Americans are worried about their money in banks and other financial institutions, and Republicans and Independents are more concerned about the safety of their money than Democrats. Axios markets correspondent Emily Peck discusses bank deposits and the FDIC with CBS News' Vlad Duthiers and Anne-Marie Green.
A string of financial industry failures may be alarming to some bank customers. Here's what you should know.
Shares of Los Angeles lender PacWest Bancorp fell 28% as spooked investors bail from regional banks.
JPMorgan Chase is buying the troubled lender after it became the second biggest bank failure in U.S. history.
The regional lender, whose collapse is the second-biggest bank failure in U.S. history, is the third bank to be seized by regulators since March.
The agency is rethinking its deposit insurance cap after three banks failed when panicked customers withdrew their funds.
Shares of the ailing regional lender tumbled more than 20% after it disclosed a massive outflow of deposits.
FDIC Chairman Martin Gruenberg estimated about $20 billion would be needed to cover the collapse of Silicon Valley Bank.
Forced sale of a storied investment bank and lax U.S. financial rules are renewing concerns about the banking sector.
Regional lender's stock prices plunges 47% even after a group of the nation's biggest banks injected $30 billion in deposits.
Following the collapse of Silicon Valley Bank and regional banking fears, larger U.S. banks have seen an increase in new depositors looking to secure their money. Stephen Gandel, U.S. banking correspondent at The Financial Times, joins CBS News to discuss the fallout and how major U.S. banks are responding.
"We're reviewing the process, and we'll see," Defense Secretary Pete Hegseth said.
President Trump's efforts to reshape the executive branch and flex his presidential power are set to be tested at the Supreme Court on Monday.
Winter storms are forecast to bring heavy snows and bitter winds across the regions.
The change to the schedule comes shortly after the Trump administration announced new fees for non-resident visitors.
The 63-year-old Roger Clemens has been accused of using performance-enhancing drugs, which he has denied.
Earlier Sunday, a group of soldiers appeared on Benin's state TV to announce the dissolution of the government in an apparent coup, the latest of many in West Africa.
Japanese officials said Jeremy O Harris, known for his Tony-nominated "Slave Play" and his role in the series "Emily in Paris," was arrested on the island of Okinawa on Nov. 16.
Sheikh Mohammed bin Abdulrahman Al Thani told an international conference in the Qatari capital that international mediators, led by the U.S., are working toward the second phase of peace deal.
Michael Annett won the Xfinity Series' season-opening race at Daytona International Speedway in 2019.
President Trump's efforts to reshape the executive branch and flex his presidential power are set to be tested at the Supreme Court on Monday.
With her posts and pleas on TikTok, Molly Bish's sister Jennifer hopes she will generate new tips that will finally solve her sister's Massachusetts murder case and put an end to a painful decades-old mystery.
For years, the death of 15-year-old Danielle "Danni" Houchins had been shrouded in mystery. Montana investigators initially said it could have been a tragic accident, but her family always suspected something more sinister.
President Trump presented medals to the 2025 Kennedy Center honorees during an Oval Office ceremony.
The 63-year-old Roger Clemens has been accused of using performance-enhancing drugs, which he has denied.
"It's very discouraging," said one young job-seeker as employers pull back on hiring entry-level workers.
Minimum wages are set to rise in 22 U.S. states and 66 cities and counties next year, even as the federal baseline wage remains at $7.25.
Federal regulators are investigating multiple Texas incidents in which the robotaxis drove around stopped school buses.
President Trump's claims of a historic multitrillion-dollar investment surge don't match federal data or the administration's own numbers.
European regulators said X breached transparency rules under the Digital Services Act, a sweeping EU law intended to protect internet users.
President Trump's efforts to reshape the executive branch and flex his presidential power are set to be tested at the Supreme Court on Monday.
"We're reviewing the process, and we'll see," Defense Secretary Pete Hegseth said. "Whatever we were to decide to release, we'd have to be very responsible about reviewing that right now."
President Trump presented medals to the 2025 Kennedy Center honorees during an Oval Office ceremony.
The 63-year-old Roger Clemens has been accused of using performance-enhancing drugs, which he has denied.
The officials in a joint statement said they made progress on creating a security framework for postwar Ukraine and are urging Russia to commit to peace.
California's public health department said one person has died and several others have suffered severe liver damage due to eating toxic mushrooms that were foraged.
Nardiz Cooke was immediately transfixed by the mask she wore while receiving treatment for late-stage cancer.
The CDC's Advisory Committee on Immunization Practices, with members appointed by RFK Jr., voted to change longstanding recommendations on the hepatitis B vaccine.
A clinical study into weight loss drugs for pets just launched, with results from the trial expected by next summer.
The CDC's vaccine advisory panel meets Thursday and Friday to discuss recommendations for the hepatitis B vaccine and the schedule of childhood shots.
Earlier Sunday, a group of soldiers appeared on Benin's state TV to announce the dissolution of the government in an apparent coup, the latest of many in West Africa.
The blaze occurred just past midnight in Arpora in North Goa, a party hub.
"We're reviewing the process, and we'll see," Defense Secretary Pete Hegseth said. "Whatever we were to decide to release, we'd have to be very responsible about reviewing that right now."
The Taliban made women's sports illegal in 2021 when the U.S. withdrew from Afghanistan, but it hasn't stopped a group of refugees in Houston determined to forge their own way on the soccer pitch.
Sheikh Mohammed bin Abdulrahman Al Thani told an international conference in the Qatari capital that international mediators, led by the U.S., are working toward the second phase of peace deal.
President Trump presented medals to the 2025 Kennedy Center honorees during an Oval Office ceremony.
Frank Gehry, one of the towering figures in architecture in the last century, died on Fri., Dec. 5, 2025 at age 96. Watch four reports on Gehry from the "Sunday Morning" archives, including, from 2002, a profile by Scott Pelley; from 2006, Serena Altschul looked at Gehry's jewelry line; from 2022, Gehry talked with Bill Whitaker about his creative process; and from 2020, Gehry discussed his contested design for the Eisenhower Memorial, in Washington, D.C., with Rita Braver.
You may recognize Tim Blake Nelson from "O Brother, Where Art Thou?" and "The Ballad of Buster Scruggs," but his latest book "Superhero" explores what he considers Hollywood's favorite genre.
Netflix is set to buy Warner Bros. in a deal valued at $72 billion, but the announcement has sparked concern among industry workers.
AVTT/PTTN is a collaboration between The Avett Brothers and former "Faith No More" frontman Mike Patton. Their self-titled album AVTT/PTTN is a collection of nine songs that came out in November, and here they are performing "Eternal Love."
Waymo has released new data showing its robotaxis were involved in 91% fewer serious crashes when compared to human drivers. CBS News' Elizabeth Cook rode along in a Waymo with Politico economic policy reporter Yasmin Khorram to unpack the report.
European regulators said X breached transparency rules under the Digital Services Act, a sweeping EU law intended to protect internet users.
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.
The assassination of conservative activist Charlie Kirk, President Trump's "big, beautiful bill," and the longest government shutdown in U.S. history ranked among Google's top search trends this year.
Leaders in the robotics industry say that to strengthen AI, companies also need a plan for robots. The White House appears to be listening. Yasmin Khorram, economic policy reporter for Politico, joins CBS News to discuss her article on the topic.
Samples collected from the asteroid Bennu are continuing the shed light on the origins of the solar system and how life developed on Earth, scientists say.
Kian Sadeghi, the 25-year-old founder and CEO at Nucleus Genomics, tells "CBS Mornings" that parents have every right to select the qualities and traits they desire in their child.
Ant colonies act as one "super-organism" which works to ensure the survival of all, according to a team of scientists.
The discovery could cast some doubt on the status of Lucy's species as the direct ancestor of Homo sapiens.
Wolf DNA seems to have influenced the size, smelling power and even personality of modern dog breeds, scientists said.
With her posts and pleas on TikTok, Molly Bish's sister Jennifer hopes she will generate new tips that will finally solve her sister's Massachusetts murder case and put an end to a painful decades-old mystery.
For years, the death of 15-year-old Danielle "Danni" Houchins had been shrouded in mystery. Montana investigators initially said it could have been a tragic accident, but her family always suspected something more sinister.
Video shows Coast Guard vehicles pursuing a go-fast vessel that appeared to have multiple people aboard.
The man suspected of placing pipe bombs around Washington, D.C., on Jan. 5, 2021, had his first court appearance on Friday after he was arrested Thursday following a five-year manhunt. A judge ordered the suspect to remain in jail pending future hearings.
Over a dozen people were wounded and taken to the hospital, the South African Police Services said in a statement.
Samples collected from the asteroid Bennu are continuing the shed light on the origins of the solar system and how life developed on Earth, scientists say.
The U.S. Air Force has approved SpaceX's plan to redevelop a historic launch pad at Cape Canaveral. CBS News correspondent Mark Strassmann reports.
Solar flares and other activity can disrupt radio communications, power grids and navigation signals, according to NASA.
Researchers have documented 55 instances of "mini lightning" over two Martian years by eavesdropping on the whirling wind recorded by NASA's Perseverance rover.
The new space station crew includes American Chris Williams, who holds a Ph.D. in astronomy and is a board-certified medical physicist at Harvard Medical School.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
A retrospective look at the actor, director, producer, and founder of the Sundance Institute.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
With her sister's murder long unsolved, a woman turns to TikTok pleading for leads. Can you help? "48 Hours" correspondent Erin Moriarty reports.
A California winery is saying goodbye to glass, serving its wine a little differently. Joy Benedict has the story.
Ramy Inocencio shares the story of a man who set out to walk around the world. 27 years later, he's now nearing the home stretch.
With 19 days to go until Christmas, the rush is on to get ready, including finding just the right tree. Andres Gutierrez has more on the search.
Christmas celebrations returned to the occupied West Bank city of Bethlehem after two years of war in Gaza. Imtiaz Tyab has more on the festivities and hope for economic recovery.