Wells Fargo sends unnecessary letters to 38,000 customers
The bank tried to make amends to people who bought unnecessary insurance, but 38,000 unaffected people got letters instead
Federal Reserve
The Fed's ominous silence on market chaos
Jerome Powell, the new chairman, hasn't responded to the explosion of volatility -- is that a sign of a big change?
Dow plunges more than 1,000 points in biggest one-day decline
A sell-off deepened on Monday, erasing the stock market's gains so far in 2018
Wells Fargo shares tank after shock sanction by Fed
Investors react after central bank restricts scandal-plagued bank's ability to grow until it cleans up its act
Investors, it's time to buckle up
Last week's stock selloff is likely just the start of interest rate-related headwinds, even if there's a relief rebound
Fed: no more growth for Wells Fargo until it shapes up
Wells Fargo can't grow until it improves, outgoing Fed Chair Janet Yellen announced on her last day
Why it may be time for some investors to take cover
For bond investors, now may be the the time to take evasive action as warnings lights flash
Fed leaves interest rates unchanged
At Janet Yellen's last meeting as chair, central bank says U.S. economic growth is solid
As the Fed's Yellen era ends, what comes next?
Steadily, but slowly, rising rates are most likely as the Fed embarks on a similarly cautious path under Jerome Powell
Why Trumpism is a threat to the U.S. dollar
The president loves to boast about stock market records, but he fails to mention the greenback's ominous slide
Senate approves Jerome Powell as next Fed chairman
Fed board governor is slated to replace Janet Yellen when her term as the central bank's chief expires in February
Fed: Economy is solid, but wage growth is "modest"
Although economic activity is off to a good start this year, workers have yet to see a major hike in pay
3 big questions for investors in 2018
Despite a rousing New Year rally, here's a trio of issues that could alter the stock market's current dynamics
Dow 25,000 masks underlying market risks
Despite the latest milestone crossings for U.S. stocks, an unwanted -- and perhaps unexpected -- guest is lurking
5 reasons to tread carefully in cryptocurrencies
Speculation in bitcoin and its ilk has regulators raising a swarm of red flags about these "high-risk products"
Federal Reserve hopes tax cuts will lift economy
Central bankers expect that lowering Americans' income taxes will boost consumer spending
Can stocks possibly climb any higher?
Investors have rarely had it this good for this long, but whether they have anything left in their tanks remains to be seen
Fed raises key interest rate
Investors were largely prepared for the increase, which brings the federal funds rate between 1.25 and 1.5 percent
Yellen's Fed legacy: Turning crisis into calm
America's first female central bank head was instrumental in helping keep the economic recovery on track
Fed expected to raise rates as Yellen prepares to leave
Fed chair Janet Yellen's final news conference Wednesday may give clues to investors about what to expect in 2018
Trump's meager impact on the economy and stocks
The president takes credit for rising growth and stock prices, but their uptrends depend on forces beyond his control
Tech stocks and bitcoin go wild -- in opposite directions
Volatility is reemerging on Wall Street, ending the calm, easy gains -- and setting up some scary year-end scenarios
Even the Fed is worried about the "Goldilocks" market
Amid widespread euphoria, the central bank is joining those who think stocks are ripe for a nasty reversal
Fed chief nominee Powell tips hand on interest rates
President Trump's nominee to head the central bank set to face Senate panel for confirmation hearing
Fed Chair Janet Yellen to leave Fed when new chief takes over
Outgoing Federal Reserve Chair says the U.S. financial system is "much stronger" and more stable than a decade ago
Videos, witness accounts of deadly shooting at odds with official statements
Bystander videos verified by CBS News show the scene from multiple angles before the fatal shooting of 37-year-old Alex Prett in Minneapolis.
Power out for hundreds of thousands, roadways snarled with ice from storm
Power outages were reported across the South as a monster storm began wreaking havoc across much of the country.
Senate Democrats will not provide votes to advance DHS funding bill, Schumer says
Sens. Chris Murphy and Alex Padilla have spent the past two days calling colleagues to whip opposition to the DHS funding bill, according to a source familiar with the process.
Man killed by federal officer in Minnesota worked as ICU nurse, his parents say
The 37-year-old man killed by a federal officer in Minneapolis is identified by his family as Alex Jeffrey Pretti, an intensive care nurse who was "very upset with what was happening" in the ICE crackdown.
Latest forecast maps show fresh predictions for winter storm
As millions of Americans hunker down for the winter storm, 19 states and Washington, D.C., have declared states of emergency.
Flight cancellations today top 9,900 — most in a single day since pandemic
Flight cancellations are continuing to mount as the U.S. is being hit with dangerous winter weather from a storm moving across the country.
What we know about latest shooting by federal agents in Minneapolis
A man is dead after a shooting in Minneapolis on Saturday involving federal immigration agents from Customs and Border Protection. Here's what we know so far.
Daughter defends loving dad now accused in her mom's cold case murder
For more than 30 years the murder of Debe Atrops in suburban Oregon remained unsolved. Then, an Oregon cold case team took a fresh look at the case and thought there was enough to prosecute Bob Atrops, Debe's estranged husband at the time. Their daughter thinks they have the wrong man.
Minneapolis business owners react to deadly shooting: "A neighbor was murdered"
Minneapolis business owners and community members were among the crowd of protesters in sub-zero temperatures following the deadly shooting of 37-year-old Alex Pretti.
U.S.
More U.S.
Power out for hundreds of thousands, roadways snarled with ice from storm
Power outages were reported across the South as a monster storm began wreaking havoc across much of the country.
Flight cancellations today top 9,900 — most in a single day since pandemic
Flight cancellations are continuing to mount as the U.S. is being hit with dangerous winter weather from a storm moving across the country.
Videos, witness accounts of deadly shooting at odds with official statements
Bystander videos verified by CBS News show the scene from multiple angles before the fatal shooting of 37-year-old Alex Prett in Minneapolis.
Daughter defends loving dad now accused in her mom's cold case murder
For more than 30 years the murder of Debe Atrops in suburban Oregon remained unsolved. Then, an Oregon cold case team took a fresh look at the case and thought there was enough to prosecute Bob Atrops, Debe's estranged husband at the time. Their daughter thinks they have the wrong man.
Did a secret obsession lead a "genius" to murder a Yale grad student?
Kevin Jiang, 26, a Yale graduate student and former Army National Guardsman, was gunned down in New Haven, Connecticut. What appeared to be a road rage incident soon unraveled into a story of obsession and premeditation.
MoneyWatch
More MoneyWatch
Here's what it takes to achieve an 800 credit score
Only one in four Americans has a credit score above 800, which is considered exceptional, according to industry data.
Bank of America may introduce credit card with 10% APR
Facing pressure from President Trump, credit card issuers are exploring ways to ease borrowing costs.
How to heat your home safely as fierce winter storm grips the U.S.
Federal safety regulators warn that home heating equipment can spark fires or emit carbon monoxide. Here's what to know.
What to know about EVs as the winter storm brings bone-chilling temps
Cold weather can reduce the efficiency of electric vehicles, shortening their driving range. These tips can help.
Tesla Cybertruck sales plunged 48% in in 2025
Other Tesla vehicles also struggled to attract buyers, with sales of its X, S and Y models all sinking from the previous year.
Politics
More Politics
Transcript: Kirsten Hillman on "Face the Nation with Margaret Brennan," Jan. 25, 2026
The following is the transcript of the interview with Kirsten Hillman, the Canadian ambassador to the U.S., that will air on "Face the Nation with Margaret Brennan" on Jan. 25, 2026.
Rep. Maxwell Frost says he was assaulted at Sundance Film Festival
Rep. Maxwell Frost, a Florida Democrat, said a man told him "Trump was going to deport me before he punched me in the face."
Senate Democrats will not provide votes to advance DHS funding bill, Schumer says
Sens. Chris Murphy and Alex Padilla have spent the past two days calling colleagues to whip opposition to the DHS funding bill, according to a source familiar with the process.
Iran's Revolutionary Guard warns U.S. as warships head toward Middle East
Tension remains high between Iran and the U.S. in the wake of a bloody crackdown on protests.
Trump threatens Canada with 100% tariffs over its new China trade deal
Canada this month negotiated a deal to lower tariffs on Chinese electric vehicles in return for lower import taxes on Canadian farm products.
HealthWatch
More HealthWatch
Heart failure threatened her pregnancy. A first-of-its-kind procedure saved it.
Cassandra King was thrilled to be pregnant after years of fertility struggles and multiple miscarriages. Then a sudden cardiac event threatened everything.
Loss of measles-free status would be "cost of doing business," new CDC deputy says
After a year of ongoing measles outbreaks that have sickened more than 2,400 people, the United States is poised to lose its status as a measles-free country.
Measles cases surge in South Carolina as U.S. risks elimination status
An infectious disease physician and former CDC official said he does not "have faith" that the U.S. is "handling measles very well."
Tylenol not linked to autism, new study shows
A review of studies published in The Lancet found no link between acetaminophen use during pregnancy and autism, contradicting the Trump administration's recent claims.
Woman gets her life back after rare transplant: "Prepared for the worst"
Lacy Cornelius Boyd needed IV nutrition and an ileostomy bag after a devastating car crash. A rare transplant was her only option.
World
More World
Transcript: Kirsten Hillman on "Face the Nation with Margaret Brennan," Jan. 25, 2026
The following is the transcript of the interview with Kirsten Hillman, the Canadian ambassador to the U.S., that will air on "Face the Nation with Margaret Brennan" on Jan. 25, 2026.
Climber Alex Honnold free solos Taipei 101 skyscraper
Alex Honnold also famously climbed Yosemite's El Capitan without any ropes or safety gear in 2017.
Peace talks end constructively, Ukraine's Zelenskyy says, with more possible
The talks are the first known instance that officials from the Trump administration have sat down with Russia and Ukraine.
Iran's Revolutionary Guard warns U.S. as warships head toward Middle East
Tension remains high between Iran and the U.S. in the wake of a bloody crackdown on protests.
Trump threatens Canada with 100% tariffs over its new China trade deal
Canada this month negotiated a deal to lower tariffs on Chinese electric vehicles in return for lower import taxes on Canadian farm products.
Entertainment
More Entertainment
Entertainment
Kermit the Frog gets a new home
A 900-pound Kermit the Frog took a journey from Hollywood to Atlanta. Brian Unger has the story.
Lily Fitts performs "Beat Me To It"
Massachusetts-based Lily Fitts originally gained a following for her viral song covers, which were shared by artists like The Lumineers and Noah Kahan. Her debut album "Getting By" captured attention for its honest and raw lyrics, and she's got more coming soon. Here's Lily Fitts performing "Beat Me To It."
Lily Fitts performs "Brown Eyed Baby"
Massachusetts-based Lily Fitts originally gained a following for her viral song covers, which were shared by artists like The Lumineers and Noah Kahan. Her debut album "Getting By" captured attention for its honest and raw lyrics, and she's got more coming soon. Here's Lily Fitts performing "Brown Eyed Baby."
Lily Fitts performs "Lose You Now"
Massachusetts-based Lily Fitts originally gained a following for her viral song covers, which were shared by artists like The Lumineers and Noah Kahan. Her debut album "Getting By" captured attention for its honest and raw lyrics, and she's got more coming soon. Here's Lily Fitts performing "Lose You Now."
"Sinners" breaks Oscar nominations record
"Sinners" set an all-time record for the most Oscar nominations with 16, including for best picture. Not far behind is "One Battle After Another" with 13 nominations. Meanwhile, "Wicked: For Good" received zero nominations, even in categories where the first "Wicked" movie won just last year.
Technology
More Technology
Microsoft says outage affecting several services has been resolved
Microsoft services were down for thousands of users, according to tracking service Downdetector.
Snapchat's parent company settles lawsuit
Snapchat's parent company, Snap Inc., settled a lawsuit surrounding allegations of social media addiction burdening users. CBS News' Shanelle Kaul reports.
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.
Elon Musk says at Davos that robots will one day outnumber people
The billionaire CEO of Tesla and SpaceX, in his first appearance at Davos, said Tesla could start selling its Optimus robots next year.
YouTube looks to get rid of fake AI videos
YouTube says it wants to get rid of fake AI videos flooding social media feeds on its platform. CBS News MoneyWatch correspondent Kelly O'Grady explains what's driving the change.
Science
More Science
Science
Cow develops technique to scratch herself
"CBS Saturday Morning" learns more about Veronika, the clever cow who figured out multiple ways to scratch herself with a broom. It was the first time a cow was seen using a tool.
Almanac: January 18
"Sunday Morning" looks back at historical events on this date.
Fossils found at Dinosaur National Monument, first excavation in 100 years
The Dinosaur National Monument, which is located on the border between Colorado and Utah, was last excavated in 1924.
Dogs can learn by eavesdropping: study
Have you ever wondered if your dog is eavesdropping on you? A new study published in the Journal of Science found that some dogs are not only listening, but are also learning words. Lead scientist Dr. Shany Dror joins CBS News to discuss.
Fossils found in cave shed light on where our species emerged
Fossilized bones and teeth dating to 773,000 years ago are providing a deeper understanding of the emergence of Homo sapiens.
Crime
More Crime
Daughter defends loving dad now accused in her mom's cold case murder
For more than 30 years the murder of Debe Atrops in suburban Oregon remained unsolved. Then, an Oregon cold case team took a fresh look at the case and thought there was enough to prosecute Bob Atrops, Debe's estranged husband at the time. Their daughter thinks they have the wrong man.
Did a secret obsession lead a "genius" to murder a Yale grad student?
Kevin Jiang, 26, a Yale graduate student and former Army National Guardsman, was gunned down in New Haven, Connecticut. What appeared to be a road rage incident soon unraveled into a story of obsession and premeditation.
Official: Feds blocked shooting scene access
Drew Evans, the superintendent of the Minnesota Bureau of Criminal Prevention, spoke after federal agents killed a Minneapolis man on Saturday. Evans said federal investigators blocked his agency's access to the shooting scene.
Officials on 5-year-old boy detained by ICE
Trump administration officials are denying accounts from witnesses who say they saw what occurred during a Minnesota ICE raid where a 5-year-old boy and his father were detained.
Jury selection date set in Mangione trial
At a pretrial hearing on Friday, a judge set the date for jury selection in the case of Luigi Mangione, who is accused of killing UnitedHealthcare CEO Brian Thompson. CBS News legal reporter Katrina Kaufman was in the courtroom and has the details.
Space
More Space
Space
More on Virgin Galactic all-female space crew
Virgin Galactic is sending an all-female research team to space. Kellie Gerardi, who is leading the crew, joins "CBS News 24/7 Mornings" to discuss the goals of the mission.
NASA's Artemis II mission clears big hurdle
Inch by inch, NASA's Artemis II moon rocket lumbered along its four-mile commute from the Vehicle Assembly Building to launch pad 39-B. Mark Strassmann is at the Kennedy Space Center in Florida with more.
NASA hauls Artemis II moon rocket to launch pad for February flight
Four Artemis II astronauts plan to fly around the moon and back next month, traveling farther from Earth than any humans before them.
NASA begins Artemis II rollout to launchpad
NASA is beginning its rollout of its Space Launch System rocket and Orion spacecraft as preparations for the Artemis II mission enter their final stage.
NASA moon rocket ready for trip to launch pad
Depending on the timing, NASA could launch a fresh crew to the space station while four other astronauts are flying around the moon.
Latest Galleries
More Latest Galleries
Notable Deaths in 2025
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
The Mother I Wish I Knew
A daughter whose mother was murdered is convinced her father is innocent. "48 Hours" correspondent Natalie Morales reports.
The Ivy League Murder
A newly engaged Yale graduate student is gunned down by an unknown attacker after a fender bender. Was it extreme road rage or was he targeted? "48 Hours" correspondent Anne-Marie Green reports.
Kermit the Frog gets a new home
A 900-pound Kermit the Frog took a journey from Hollywood to Atlanta. Brian Unger has the story.
Trump shocks allies with comments about veterans
President Trump shocked NATO partners in an interview with Fox News this week about U.K. veterans and fallen soldiers in Afghanistan. He walked back the comments on Truth Social. Haley Ott has more details.
President Trump threatens 100% tariffs on Canada
President Trump insults the Canadian prime minister, calling him "Governor Mark Carney," as he threatens new tariffs against the country. Willie James Inman has the details.