Vietnam property tycoon sentenced to death in $27 billion fraud case
A Vietnam court sentenced developer Truong My Lan to death for swindling billions from a bank, saying she "eroded people's trust" in the ruling Communist Party.
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A Vietnam court sentenced developer Truong My Lan to death for swindling billions from a bank, saying she "eroded people's trust" in the ruling Communist Party.
The annual inflation rate hit 3.5% in March, the highest since September. Martin Baccardax, senior editor and chief markets correspondent at "TheStreet," joins CBS News to examine what's behind the increase and what it means for interest rate cuts.
The Wall Street Journal reports Americans are turning to social services helpline 211 in economic emergencies. Rachel Wolfe, consumer trends reporter for The Wall Street Journal, joins CBS News to discuss.
The Consumer Price Index rose 0.4% last month largely due to the cost of rent and gas. Prices are up 3.5% over the past 12 months, and the latest numbers cast doubt on interest rate cuts. CBS News business analyst Jill Schlesinger has more.
The buying price of gold futures has hit multiple record highs this year, rising more than 14% in value since Jan. 2. Campbell Harvey, professor of finance at Duke University, joins CBS News to explain what's motivating buyers.
Treasury Secretary Janet Yellen held economic talks with Chinese officials in Beijing over the weekend, calling them "productive, direct and extensive." Scott Kennedy, senior adviser at the Center for Strategic and International Studies, joins CBS News to assess what Yellen's trip to Beijing will mean for the relationship between the world's largest economies.
Disney stockholders gave the company's current leadership a win on Wednesday, reelecting all 12 board members and rejecting two hedge funds that fought for seats. Brooks Barnes, senior staff writer for The New York Times, joins CBS News to discuss what the results mean for the company's future.
Tesla has reclaimed the title of largest electric vehicle seller in the world, so why did its stock fall 5% on Tuesday? Rebecca Elliott, reporter for The Wall Street Journal, joins CBS News to discuss.
Fast food workers in California will now earn a minimum of $20 an hour. CBS News correspondent Carter Evans has more details. Then, economy and labor journalist Margot Roosevelt joins to discuss what the wage changes mean for the industry and Californians.
A recent report by Vanguard reveals a record number of Americans took early withdrawals from their 401(k) retirement savings in 2022 and 2023, signaling a concerning trend.
As the tax season progresses, the IRS reports having received over 71.5 million tax returns, already issuing more than 49 million refunds to Americans. With the average refund amounting to $3,109, CBS News business analyst Jill Schlesinger offers advice on how Americans can make the most of their tax refund.
A judge sentenced disgraced FTX founder Sam Bankman-Fried to 25 years in prison Thursday. A jury convicted the 32-year-old of fraud and conspiracy in November. CBS News national correspondent Errol Barnett reports.
The annual income needed to afford even a basic home in the U.S. has risen sharply since the pandemic, a new report shows.
President Biden and former President Donald Trump are vying for an endorsement from the Teamsters union. Justin Wolfers, professor of public policy and economics at the University of Michigan, joins CBS News to discuss how each candidate's labor policies may affect American workers.
Reddit made its stock market debut Thursday, raking in about $519 million by the closing bell. Hope King, senior business reporter at Axios, joins CBS News to discuss what investors might find attractive about the social media company.
Trump loses bid to block Michael Cohen, Stormy Daniels' testimony in "hush money" trial; how to know when to file joint or separate taxes.
With the arrival of spring, it's the perfect time to declutter your finances and address pressing financial matters. CBS News business analyst Jill Schlesinger offers expert advice on how to refresh and organize your financial life.
Is your CD account approaching its maturity date? Then consider making these three smart moves now.
CD laddering can help you maximize your returns and ensure liquidity, but is the right move to make today?
A new study by the Brookings Institution examines the role immigration has played in allowing the U.S. job market to grow faster without stoking inflation. Betsey Stevenson, professor of public policy and economics at the University of Michigan, joins CBS News to explain how migrants contribute to job growth and U.S. demand.
A recent CBS News poll found that 48% percent of Georgia voters say they were better off financially under former President Donald Trump's policies. In comparison, 22% say they are better off under President Biden's. Political advisers Ashley Etienne and Olivia Perez Cubas join "America Decides" to assess the findings and what they mean for the candidates.
Consumer prices climbed again in February, according to a new U.S. Bureau of Labor Statistics report. Jeanna Smialek, Federal Reserve and economy reporter for The New York Times, joins CBS News to discuss if the increase could change the Fed timeline for a rate drop.
The U.S. added 275,000 jobs in February, exceeding economists' expectations. Meanwhile, the unemployment rate jumped to its highest level in over two years. Javier David, managing editor for business and markets at Axios, joins CBS News to examine the numbers.
Several OPEC+ countries will reduce oil production by a combined 2.2 million barrels per day through June. Jeff Colgan, director of the Climate Solutions Lab at Brown University, joins CBS News to discuss how the decreased output could affect the U.S.
President Biden on Tuesday announced credit card late fees will be capped at $8, down from around $32. Nikki Battiste has the details.
The Senate Homeland Security Committee voted to hold Dr. Anthony Fauci in contempt of Congress over his refusal to answer questions during testimony last week.
Iran and Oman are close to agreeing on new arrangements for the Strait of Hormuz, but not for a full reopening of the vital waterway, Iran's state news agency says.
"They are picking up law-abiding citizens. They're destroying families, jobs," said a Texas man who regrets his vote for President Trump after his fiancée, an immigrant from Venezuela, was detained by ICE.
Republican Sen. Mitch McConnell of Kentucky was hospitalized on June 14.
Cyberattacks on U.S. water systems that officials suspect may be linked to Iran-backed hackers have been reported in at least a dozen states, sources familiar with the matter told CBS News.
The Government Accountability Office found that DOGE overestimated its savings, among other issues.
The Senate is searching for a deal to speed up consideration of a number of priorities, including a measure to fund the government and Todd Blanche's confirmation as attorney general.
Thursday's vote on whether to hold Dr. Anthony Fauci in contempt of Congress follows years of tension with GOP Sen. Rand Paul, hinging on the origins of the coronavirus and a controversial type of research.
The Lindsay Clancy trial continued on Day 8 of testimony with a Massachusetts medical examiner taking the stand.
A case against Minnesota Republican gubernatorial candidate Mike Lindell will continue after a judge decided Thursday there is probable cause to believe he violated campaign laws by giving away pillows promoting his candidacy at a July Fourth parade.
Some families could face an additional $2,200 in food costs this year if their kids lose access to free school meals, according to one estimate.
The Senate is searching for a deal to speed up consideration of a number of priorities, including a measure to fund the government and Todd Blanche's confirmation as attorney general.
Residents of San Juan and neighboring communities have been without reliable water for more than 100 days.
The Government Accountability Office found that DOGE overestimated its savings, among other issues.
Some families could face an additional $2,200 in food costs this year if their kids lose access to free school meals, according to one estimate.
Layoffs have plunged this year. "Recently laid-off workers are finding jobs as fast as the economy is creating new ones," one economist said.
Tech giant Meta revealed Wednesday that one of its artificial intelligence models hacked another organization during testing, the third time in recent weeks that an AI model has improperly accessed a third-party company.
The U.S. Food and Drug Administration has approved a new seasonal flu vaccine from Moderna that uses mRNA technology, the drugmaker announced.
"It really opens up your mind," said one 23-year-old who ditched smartphones to wean herself off social media.
A case against Minnesota Republican gubernatorial candidate Mike Lindell will continue after a judge decided Thursday there is probable cause to believe he violated campaign laws by giving away pillows promoting his candidacy at a July Fourth parade.
Republican Sen. Mitch McConnell of Kentucky was hospitalized on June 14.
The Senate is searching for a deal to speed up consideration of a number of priorities, including a measure to fund the government and Todd Blanche's confirmation as attorney general.
The Government Accountability Office found that DOGE overestimated its savings, among other issues.
The Justice Department has filed lawsuits against 30 states and the District of Columbia in an effort to force them to hand over their unredacted voter rolls containing voters' sensitive information.
A Minnesota woman says she fainted, spiked a 102-degree fever, and was hospitalized with sepsis three days after eating a chicken burrito bowl at a Chipotle in Roseville, and genetic testing connected her case to a multistate outbreak, according to a lawsuit filed Tuesday.
Thursday's vote to hold Dr. Anthony Fauci in contempt of Congress follows years of tension with GOP Sen. Rand Paul, hinging on the origins of the coronavirus and a controversial type of research.
The U.S. Food and Drug Administration has approved a new seasonal flu vaccine from Moderna that uses mRNA technology, the drugmaker announced.
A video showing 3-year-old twins Millie and Maverick reuniting after one of them had to undergo cancer treatment hours away from their home has gone viral. Matt Gutman reports.
Cyclospora cases have been reported in at least 47 states total this year, and investigators have continued to probe how many could be linked to a common contaminated source.
Jason Arday, who joined Cambridge in 2023 at the age of 37, became one of Britain's most high-profile academics after sharing an extraordinary life story.
The heat has set a national temperature record in Austria, fueled wildfires in France and disrupted energy and transportation systems across the continent.
President Trump is taking issue with recent reports of significant U.S. munitions shortages due to the war with Iran.
SeaWorld San Antonio welcomed seven more beluga whales on Tuesday, the latest development in the international effort to relocate dozens of the mammals from shuttered Canadian theme park Marineland.
Juan Carlos González is the stepson of "El Mencho," who was killed by the Mexican military.
Diarra Kilpatrick, who stars in "Diarra from Detroit," joins "CBS Mornings" to discuss the show's new season, which premiered on Paramount+ last week.
Amanda Kloots, a Broadway dancer, podcast host and best friend to reality star Harry Jowsey, joins "CBS Mornings" to discuss their new Netflix series "Let's Marry Harry."
The costs of a Broadway musical production have skyrocketed in recent years. CBS News contributor Jamie Wax reports.
Actor Aaron Pierre is starring as John Stewart in the new series "Lanterns." He tells "CBS Mornings" why this character is special to him, what it's like to join the DC Universe and how he managed undergoing surgery during the audition process.
A kind stranger named Ernie helped rock band The Autumn Kings make it to their tour stop after their car broke down in Wisconsin. Matt Gutman reports.
U.S. officials suspect Iran-backed hackers may be behind cyberattacks that have been reported in at least 12 states. CBS News homeland security correspondent Nicole Sganga has more details.
Tech giant Meta revealed Wednesday that one of its artificial intelligence models hacked another organization during testing, the third time in recent weeks that an AI model has improperly accessed a third-party company.
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.
AI models are engaging in unauthorized actions — in the most recent case, creating fake identities and attempting to persuade real people to approve malicious code.
Cyberattacks on U.S. water systems that officials suspect may be linked to Iran-backed hackers have been reported in at least a dozen states, sources familiar with the matter told CBS News.
Matt Walker, a geneticist and the CEO of Kindred Companion Sciences, joins "CBS Mornings" with his gene-altered beagle, Bailey, to discuss creating future options for people with severe pet allergies.
Researchers were able to peek at the sun's scorching surface with the help of the National Science Foundation's Daniel K. Inouye Solar Telescope, located on the island of Maui in Hawaii.
Hollywood actor Leonardo DiCaprio and Amazon founder Jeff Bezos have announced a $200 million fund set to protect species on the brink of extinction. Carter Evans has the story.
Guatemalan officials on Monday began evacuating two villages near the Fuego volcano due to the ongoing eruption.
The footage is believed to be only the fourth complete humpback whale birth ever recorded on film anywhere in the world and the first-ever captured by drone.
Lindsay Clancy's former father-in-law testified in her murder trial Thursday. Clancy has admitted to killing her three children, but she's pleaded not guilty to first-degree murder charges, with her attorney arguing she was experiencing extreme postpartum psychosis. CBS News' Shanelle Kaul reports.
Matt Gutman investigates Lineage Logistics, the company involved in the Los Angeles warehouse fire that left tens of millions of pounds of meat to rot, forcing a whole community to face foul odors and other health hazards.
A man arrested outside President Trump's golf club in Rancho Palos Verdes, California, was already under investigation for robbery. Nikole Killion has the details.
New Mexico is suing the Trump administration for access to files related to Jeffrey Epstein as it investigates the convicted sex offender's Zorro Ranch property. New Mexico Attorney General Raúl Torrez joins "The Takeout" to discuss.
Several states are experiencing cyberattacks on their water systems after Minnesota reported at attack last week. CBS News homeland security correspondent Nicole Sganga has the latest.
Researchers were able to peek at the sun's scorching surface with the help of the National Science Foundation's Daniel K. Inouye Solar Telescope, located on the island of Maui in Hawaii.
The impact wasn't visible to the naked eye, but photos are expected to come from a lunar satellite at a later time.
The Soyuz MS-28 landing in Kazakhstan brought a 241-day stay in space to a successful conclusion.
An upgraded version of the world's most powerful rocket is key to landing NASA astronauts on the moon in the agency's Artemis program.
When scientists examined the preserved fragments of a meteorite that crashed in 2024, they found brine-like fluids and key molecules.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
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.
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.
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Lindsay Clancy's former father-in-law testified in her murder trial Thursday. Clancy has admitted to killing her three children, but she's pleaded not guilty to first-degree murder charges, with her attorney arguing she was experiencing extreme postpartum psychosis. CBS News' Shanelle Kaul reports.
Iran and Oman are close to agreeing on new arrangements for the Strait of Hormuz, but not for a full reopening of the waterway, Iran's state news agency reported Thursday. Meanwhile, President Trump is denying reports of significant U.S. munitions shortages due to the war. CBS News' Weijia Jiang reports.
A Senate committee on Thursday voted to hold Dr. Anthony Fauci in contempt of Congress for invoking the Fifth Amendment at a hearing last week. CBS News' Taurean Small reports.
Sen. Mitch McConnell says he's been discharged from a rehab center after he was hospitalized nearly two months ago. CBS News' Taurean Small reports.
Abdul El-Sayed narrowly beat Haley Stevens in Michigan's Democratic Senate primary on Tuesday amid backlash from Republicans. CBS News' Fin Gomez has more.