Biden announces credit card late fee cap of $8
President Biden on Tuesday announced credit card late fees will be capped at $8, down from around $32. Nikki Battiste has the details.
Finance
Stock market soars to record highs
The tech-centric Nasdaq is closing at a new high, driven by enthusiasm for artificial intelligence. This milestone marks its first record peak since 2021.
Study: College grads better off in job market
More companies are dropping education requirements from job postings, but a new study shows you're still much better off in the job market with a college degree. Parisa Fatehi-Weeks, a senior director at Indeed, joins CBS News to explain the implications of these changes.
How to save on airfare this spring and summer
As planning begins for spring break and summer travel, some airlines are announcing route changes and special discounts. CBS News travel adviser Peter Greenberg joins with tips on how to spend less on airfare.
College grads face high underemployment rates
For many Americans, a college degree is seen as the key to professional success and economic mobility. However, a new study shows that promise does not hold for some graduates. Vanessa Fuhrmans, deputy chief for the Wall Street Journal's careers and workplace bureau, joins CBS News to discuss the high percentage of post-grad underemployment.
Wendy's plans to test surge pricing in 2025
Wendy's is planning to roll out a "dynamic pricing" model for its menu in 2025, meaning prices will change throughout the day based on a few different factors. CBS News senior business and technology correspondent Jo Ling Kent explains.
Expert on navigating love and finances
CBS News business analyst Jill Schlesinger offers advice for couples striving for financial harmony. Discover the key conversations for alignment on money matters, the pros and cons of joint versus separate accounts, and how to turn those discussions into a solid financial plan.
What's behind the rise in labor productivity?
Business sector productivity — the output per American worker — has grown more than 3% for three consecutive quarters, according to the U.S. Bureau of Labor Statistics. New York Times economics reporter Ben Casselman joins CBS News to discuss why productivity is rising and what it means for workers and consumers.
Capital One-Discover merger: What to know
A potential merger between Capital One and Discover Financial Services is sparking antitrust concerns. The two firms are the fourth and sixth largest companies issuing credit cards to American consumers. Lucinda Shen, financial technology reporter for Axios, joins CBS News to discuss what the agreement could mean for consumers and the economy.
Capital One buys Discover
Capital One said it will buy Discover Financial Services for $35 billion, a deal that would bring two of the nation's biggest credit card companies together.
Major Wall Street firms exit climate group
The New York Times reports several major investment firms are leaving a group founded to fight climate change. Aron Cramer, CEO of Business for Social Responsibility, joins CBS News to break down the controversy.
Trump campaign fundraising off fraud ruling
Former President Donald Trump has been ordered to pay more than $350 million in his New York civil fraud trial. His co-defendants are being ordered to pay another $10 million, and all have been restricted from conducting business in the state over the next several years. CBS News campaign reporter Olivia Rinaldi joins to break down the political implications of the ruling.
How Trump fraud ruling impacts his business
The largest judgment to date has been issued against Donald Trump. Judge Arthur Engoron has imposed a penalty of more than $350 million against Trump, his adult sons and his corporation in the civil fraud case brought by New York Attorney General Letitia James. CBS News legal analyst Rikki Klieman joins to examine the ruling.
Donald Jr., Eric Trump fined millions
A New York judge has barred Donald Trump Jr. and Eric Trump from serving as an officer or director of any New York corporation for two years. CBS News' Katrina Kaufman, Major Garrett and Scott MacFarlane have more.
Breaking down the Trump civil fraud decision
Judge Arthur Engoron on Friday imposed a penalty of $354 million against former President Donald Trump, his adult sons and his corporation in the civil fraud case brought by New York Attorney General Letitia James. CBS News legal contributor Jessica Levinson and CBS News investigative reporter Graham Kates examine the ruling.
Trump fined $354M in New York fraud case
Former President Donald Trump and his company must pay $354 million in fines and is barred from doing business in New York for three years, a judge ruled Friday in the state's civil fraud case. CBS News national correspondent Jericka Duncan anchors a special report.
Benefits of opening a CD now
Although inflation is not declining as quickly as Americans hoped, that's not an entirely bad thing for people looking to grow their savings. Dan Geltrude, founder of the accounting firm Geltrude and Co., tells CBS News why it may be a good time to open a certificate of deposit.
Poll: Americans' economic outlook improving
Americans' views on the economy are improving, according to new CBS News polling. Anthony Salvanto, CBS News executive director of elections and surveys, joins "America Decides" to break down the findings.
The impact of inflation
Following new cost of living data revealing a slower-than-anticipated cooling in inflation and with the Consumer Price Index up 3.1% from the previous year, stocks faced significant losses. CBS News business analyst Jill Schlesinger talks about what’s driving these numbers.
Stocks tumble after hot inflation report
The three major stock indexes fell more than one percentage point each Tuesday after a government report showed inflation remained stubbornly high in January. CBS News contributor Javier David joins to unpack the figures.
Jayson Tatum, SoFi launch new initiative
Boston Celtics forward Jayson Tatum's foundation has joined forces with SoFi in a groundbreaking partnership aimed at empowering children with financial literacy and assisting families in at-risk communities towards home ownership.
Chairman Powell I Sunday on 60 Minutes
There is no better person to ask about the American economy than Federal Reserve Chairman Jerome Powell. This Sunday, 60 Minutes sits down with Powell to ask about the future of interest rates, whether prices will come down, and what the Fed might do next.
Presidential candidates address housing costs
Data from the Federal Reserve shows price indexes for homes and rents are up nearly 50% compared to before the pandemic. Jeanna Smialek, Federal Reserve and U.S. economy reporter for The New York Times, joins CBS News to examine how much a president can do to curb prices.
When will the Fed cut interest rates?
The Federal Reserve announced Wednesday it would leave interest rates unchanged. Martin Baccardax, senior editor and chief markets correspondent for TheStreet, joins CBS News to discuss what the central bank is looking for to start cutting interest rates.
High rents leave many financially stretched
While rents have been easing for the past few months nationwide, prices are still up significantly compared to before the pandemic, largely due to inflation. Providence, Rhode Island, saw one of the highest rent increases in the U.S. last year, and according to researchers, you need a salary of close to $83,000 to afford a two-bedroom apartment there. Nancy Chen reports.
Live
Pentagon says about 140 U.S. service members wounded since Iran war began
President Trump says the Iran war will end "very soon," but Tehran says it's "prepared to continue attacking" indefinitely, and it won't let oil leave the Gulf.
Exclusive
Pentagon memo orders commanders to remove Anthropic from key systems
The Defense Department has notified senior leadership that they must remove Anthropic's products from their system within 180 days, the latest salvo in a feud between the AI company and the Trump administration.
Investigation
There's one building in LA with 89 registered hospices: "Ground zero" for fraud?
A CBS News analysis of records for every hospice operating in Los Angeles County finds indications of fraud are growing.
Iran signaling it may deploy mines to disrupt Strait of Hormuz, U.S. sources say
Iran is using smaller crafts to lay mines in the Strait of Hormuz, two U.S. officials said.
Exclusive
DOJ's Alex Pretti probe excludes prosecutors who specialize in civil rights, sources say
Rank-and-file career prosecutors in the Justice Department's Civil Rights Division cases are not involved in investigating Alex Pretti's shooting death by federal agents, CBS News has learned, in a stark departure from historical practice.
Exclusive
Video appears to show bomb suspect purchasing fuse at fireworks store
One of two men accused of throwing IEDs at protesters in New York City appears to have purchased fuses at a fireworks store in a Philadelphia suburb last week.
Bam Adebayo passes Kobe Bryant for 2nd-most points in single NBA game
Bam Adebayo scored 83 points, the second-most in a game in NBA history, and set records for most free throws taken and made on Tuesday.
Exclusive
TSA absences at airports double during shutdown, 300 officers quit
TSA officer call-out rates have climbed into double-digit percentages at some airports, including half the officers at Houston's Hobby Airport, straining screening operations and contributing to longer security lines.
Fuller, Harris head to Georgia runoff, CBS News projects
Shawn Harris and Clayton Fuller advance to a runoff election to fill Marjorie Taylor Greene's seat.
U.S.
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Suspected tornadoes damage homes and knock down trees, power lines in Illinois, Indiana
Officials say a large tornado south of Chicago downed trees and power lines and overwhelmed the 911 center with emergency calls.
Bam Adebayo passes Kobe Bryant for 2nd-most points in single NBA game
Bam Adebayo scored 83 points, the second-most in a game in NBA history, and set records for most free throws taken and made on Tuesday.
Jan. 6 police responders ask judge to let lawsuit over plaque in Capitol proceed
Former Capitol Police Officer Harry Dunn and D.C. Police Officer Danny Hodges argue the installation of a commemorative Jan. 6 plaque in a low-visibility spot in the U.S. Capitol violates the law.
Exclusive
Video appears to show bomb suspect purchasing fuse at fireworks store
One of two men accused of throwing IEDs at protesters in New York City appears to have purchased fuses at a fireworks store in a Philadelphia suburb last week.
Exclusive
TSA absences at airports double during shutdown, 300 officers quit
TSA officer call-out rates have climbed into double-digit percentages at some airports, including half the officers at Houston's Hobby Airport, straining screening operations and contributing to longer security lines.
MoneyWatch
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Can the president bring down gas prices? 5 options available to Trump.
Gas prices in the U.S. have surged roughly 20% since the attack on Iran. Read on to see what measures the Trump administration could take to offer relief.
Oil prices are falling — gas prices aren't. Here's why.
Even if oil prices ease, they won't return to the levels they were at before the war started, according to Patrick De Haan of GasBuddy.
Could tapping the Strategic Petroleum Reserve lower gas prices?
The Strategic Petroleum Reserve is designed to cushion disruptions to U.S. oil supplies during emergencies.
JetBlue ground stop lifted soon after it began
Shortly after all JetBlue flights were grounded by the FAA due to what the agency said was a JetBlue request, the carrier said it had resumed operations.
Raw oysters and clams recalled in 9 states over norovirus risks
Food containing norovirus may smell and taste normal but still cause serious illness if consumed, FDA warns.
Politics
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Fuller, Harris head to Georgia runoff, CBS News projects
Trump-backed Clayton Fuller and Shawn Harris advance to a runoff election to fill Marjorie Taylor Greene's seat.
Jan. 6 police responders ask judge to let lawsuit over plaque in Capitol proceed
Former Capitol Police Officer Harry Dunn and D.C. Police Officer Danny Hodges argue the installation of a commemorative Jan. 6 plaque in a low-visibility spot in the U.S. Capitol violates the law.
Exclusive
Pentagon memo orders commanders to remove Anthropic from key systems
The Defense Department has notified senior leadership that they must remove Anthropic's products from their system within 180 days, the latest salvo in a feud between the AI company and the Trump administration.
Voting ends in Georgia special election to replace Marjorie Taylor Greene
Voters in northwest Georgia headed to the polls all day to have their say in who will replace Marjorie Taylor Greene in Congress.
Exclusive
TSA absences at airports double during shutdown, 300 officers quit
TSA officer call-out rates have climbed into double-digit percentages at some airports, including half the officers at Houston's Hobby Airport, straining screening operations and contributing to longer security lines.
HealthWatch
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Investigation
There's one building in LA with 89 registered hospices: "Ground zero" for fraud?
A CBS News analysis of records for every hospice operating in Los Angeles County finds indications of fraud are growing.
Raw oysters and clams recalled in 9 states over norovirus risks
Food containing norovirus may smell and taste normal but still cause serious illness if consumed, FDA warns.
More kids are in ERs for tooth pain. Budget cuts and fluoride fights aren't helping.
Dentists, hygienists, and researchers say a shortage of rural dental care professionals and worsening oral hygiene since the COVID-19 pandemic mean more kids are ending up in the emergency room for tooth decay.
Baby sleepsuit sold at Walmart recalled over potential choking hazard
The zipper head on the recalled HALO Magic Sleepsuits poses a danger to babies, according to the U.S. Consumer Product Safety Commission.
A Pilates teacher thought she had the flu. Doctors found aggressive cancer
Debi Weiss thought her fatigue and weakness was a seasonal illness, but her condition quickly worsened.
World
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At least 6 killed in bus fire that may have been "deliberate," Swiss police say
Police are investigating after a fire on a regional bus in Kerzers, west of Switzerland's capital, killed at least six people.
White House aware of Gulf countries' fears about interceptor shortage, sources say
The Gulf states have said they're running dangerously low on missile interceptors and have asked the U.S. to expedite new supplies, CBS News previously reported.
Iran signaling it may deploy mines to disrupt Strait of Hormuz, U.S. sources say
Iran is using smaller crafts to lay mines in the Strait of Hormuz, two U.S. officials said.
How the Iran war reached Europe, via the small, divided island of Cyprus
When it comes to European Union territory, you can't go much further east than Cyprus. So far east, in fact, that it's within reach of Iran's weapons.
Team USA's Oksana Masters wins 11th Paralympic gold medal
The most decorated American Winter Paralympian had her left leg amputated at age 9 and her right leg amputated at age 14.
Entertainment
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Entertainment
Dorrance on preserving tap dancing history
American tap dancer Michelle Dorrance talks to CBS News chief medical correspondent Jon LaPook about Brenda Bufalino's impact and preserving the 88-year-old's artistry for future generations in a project at the New York Public Library for the Performing Arts.
Brenda Bufalino on evolution of tap dancing
American tap dancer Brenda Bufalino talks to CBS News chief medical correspondent Jon LaPook about the many ebbs and flows of the art form and reflects on her career.
Michelle Pfeiffer on "The Madison" series
Michelle Pfeiffer talks with "CBS Mornings" about starring alongside Kurt Russell in "The Madison." She describes how she decided to take on the character and explains after decades in the entertainment industry why she still gets nervous in new roles.
Details on Live Nation's settlement with DOJ
Less than a week into a trial over Live Nation's alleged monopoly of the event ticket business, the parent company of Ticketmaster has reached a tentative settlement with the Justice Department. Kenneth Dintzer, antitrust attorney with the law firm Crowell & Moring, joins CBS News to break down the deal.
Latest on shots fired at Rihanna's home
A woman has been arrested for allegedly firing several shots Sunday at the Beverly Hills home of pop music star Rihanna. CBS News Los Angeles' Tina Patel reports.
Technology
More Technology
Exclusive
Pentagon memo orders commanders to remove Anthropic from key systems
The Defense Department has notified senior leadership that they must remove Anthropic's products from their system within 180 days, the latest salvo in a feud between the AI company and the Trump administration.
The evolution of Apple over 50 years
David Pogue, an author and correspondent for "CBS Sunday Morning," talks about covering the rise of Apple over his career as the company is set to turn 50 next month, and his new book, "Apple: The First 50 Years."
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.
Overusing artificial intelligence can give workers "AI brain fry," study finds
Artificial intelligence can give some workers "brain fry" if overused, according to a new study published in Harvard Business Review.
Apple turns 50, in a world it helped create
David Pogue, author of "Apple: The First 50 Years," talks with Apple's co-founder Steve Wozniak, CEO Tim Cook, and others about the vision of Steve Jobs, and how the company's products and services have reshaped life, technology and culture in the 21st century.
Science
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Sea levels higher than thought due to "methodological blind spot," study says
A new study in the journal Nature says most sea level rise research may have underestimated coastal water heights by an average of 1 foot.
NASA announces major overhaul of Artemis moon program "to take down risk"
NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
What scientists will be looking for when government UFO files are released
Documents might help scientists shed light on unexplained phenomena and government secrets, experts said.
In a first, shark seen on camera in Antarctica waters, surprising researchers
A large shark was caught on camera for the first time in Antarctica's waters, surprising researchers. "There's a general rule of thumb that you don't get sharks in Antarctica," one said.
How Washington's crossing of the Delaware presaged a changing world
On the evening of Christmas 1776, Gen. George Washington surprised the King's forces by leading the Continental Army in a surprise crossing of a near-frozen Delaware River - a watershed military maneuver that dramatized a changing America, and a changing climate.
Crime
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Crime
New details about ISIS-inspired attack
New video has emerged of fuses being bought at a Pennsylvania fireworks store by one of the suspects accused of throwing explosive devices outside the New York City mayoral residence. CBS News national correspondent Jericka Duncan has more.
Exclusive
Video appears to show bomb suspect purchasing fuse at fireworks store
One of two men accused of throwing IEDs at protesters in New York City appears to have purchased fuses at a fireworks store in a Philadelphia suburb last week.
No harmful substances in NYC suspicious package
New York City police have given the all clear after concluding a suspicious package found near Gracie Mansion, the official residence of Mayor Zohran Mamdani, was harmless.
Shots fired at U.S. consulate in Toronto
Shots were fired outside of the U.S. consulate in Toronto, Canada, early Tuesday morning, police said. CBS News' Shanelle Kaul has more.
Suspicious package near NYC mayor's residence
There is a heavy police presence near New York City's Gracie Mansion, the official residence of New York City Mayor Zohran Mamdani, as officials investigate a suspicious package found in the area. CBS News' Shanelle Kaul has more.
Space
More Space
1,300-pound NASA satellite set to crash down to Earth
The Van Allen probe's mission was meant to last two years, but ended up going for nearly seven.
Why NASA is overhauling Artemis program
NASA has announced a major overhaul of its Artemis moon program amid ongoing safety concerns. CBS News space consultant Bill Harwood has more details.
How NASA plans to get astronauts on the moon
NASA announced an overhaul to its Artemis moon program as safety concerns persist. CBS News space contributor Christian Davenport breaks down the key takeaways.
NASA announces major overhaul of Artemis moon program "to take down risk"
NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
Safety concerns over NASA's Artemis program
NASA's Artemis II mission continues to face concerns and delays. Scott E. Parazynski, a former astronaut, joins CBS News with more.
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
Debate on tapping Strategic Petroleum Reserve
With oil exports through the Strait of Hormuz halted, the International Energy Agency is meeting with G7 countries about whether they should tap their strategic petroleum reserves. CBS News reporter Kati Weis is following the debate.
Red flags for hospice fraud across Los Angeles
A CBS News analysis of records for every hospice operating in Los Angeles County finds indications of fraud are growing. Adam Yamaguchi reports.
Suspect in shooting at Rihanna's home in court
A woman accused of firing multiple high-powered rounds from an assault rifle at the home of Rihanna appeared in court Tuesday, initially entering a not guilty plea before withdrawing it. The arraignment was eventually postponed. Carter Evans reports.
3/10: The Takeout with Major Garrett
War continues in Iran as Defense Secretary Pete Hegseth promises "most intense day of strikes"; costs of war's first days revealed.
What happened with Iranian women's soccer team
Five members of the Iranian national women's soccer team sought asylum in Australia after refusing to sing Iran's national anthem before a match. Elizabeth Palmer has details.