Bank account helps kids learn to save and spend
Parents can set allowances through Chase Mobile app, and each child gets their own debit card.
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Parents can set allowances through Chase Mobile app, and each child gets their own debit card.
Money will fund small-business loans, affordable housing, and homebuyer grants for Black and Latino communities.
Bank's traders used "spoofing" tactic to influence markets, according to government regulators.
Documents were unearthed by congressional committees looking into the 2016 U.S. presidential election.
Largest U.S. bank detected infections less than a week after workers began returning to New York City headquarters.
Internal investigation found that bank workers deposited emergency business loans into their personal accounts.
CEO Jamie Dimon said in an internal memo that the bank has found evidence of illegal behavior.
Americans surveyed don't expect the economy to grow significantly in the coming months. Plus, JP Morgan plans layoffs and Blackberry plans new phones. Jericka Duncan reports.
A French company is showing off a self-driving shuttle bus at the Consumer Electronics Show in Las Vegas. It's the first driverless vehicle commercially available in the U.S. With a top speed of 12 miles an hour, the shuttle is intended for college campuses and airport parking lots. That story and more Moneywatch headlines from Wendy Gillette.
Shares of Sirius XM are up Monday on news that Liberty Media wants to take full ownership of the satellite radio service. The deal would value the company at nearly $23 billion. Liberty Media already owns 53 percent of Sirius XM's stock., plus more MoneyWatch headlines.
JPMorgan Chase expects $32 billion worth of bad loans, nearly triple what it had set aside a year ago, before Covid hit the world.
A new round of tariffs goes into effect at midnight. There will be a 15 percent tariff on $112 billion of Chinese goods. Consumers can expect to feel the impact on everything from milk to diapers to sports equipment. The nation's largest bank, J.P. Morgan Chase, says it could cost the average American $1,000 a year. John Blackstone reports.
The federal government is launching a $349 billion dollar small business loan program Friday, but hours before the program was set to go into effect some of the country's biggest banks weren't ready. Yahoo Finance reporter Sibile Marcellus spoke to CBSN's Reena Ninan about who could be seeing money from the initiative.
Retired MLB superstar and star singer/actress fiancée said to have retained JPMorgan Chase to help raise funds for the attempt.
JPMorgan Chase small business client said he applied for loan first day it was available, but money was never approved.
Financial giants including Bank of America, Citigroup and JPMorgan Chase are bracing for massive losses.
CEO Jamie Dimon said it was necessary to set aside the funds "given the likelihood of a fairly severe recession."
Three of the nation's four largest lenders initially wouldn't take loan applications, leaving borrowers in the dark.
Bank says chief executive is recovering after procedure to repair blood leak in his aorta.
Critics say banks are seeking to exploit the outbreak to weaken rules designed to ensure their financial stability.
Banker's comments about the effects of socialism draws fire from democratic socialist lawmakers.
From the head of the country's biggest bank to a journalist speaking truth to power, take a look back at some memorable moments from Sunday's broadcast of 60 Minutes
"A bad, un-peaceful outcome here would be bad for everybody, including the Chinese," Jamie Dimon tells 60 Minutes' Lesley Stahl about Hong Kong protests
JPMorgan Chase is using data to invest more efficiently, helping entrepreneurs open businesses in parts of the city that most need their services
The chairman and CEO of JPMorgan Chase tells Lesley Stahl he's optimistic about the economy and explains why he's not running for president
Badly wounded and alone in Iran's desert, downed U.S. Air Force officer Dude 44 Bravo evaded capture for days as the Iranian forces and the U.S. military searched for him.
The Supreme Court left intact a ruling that blocked the U.S. Postal Service from enforcing new regulations for mail voting, rejecting the Trump administration's effort to move forward with the rules in the midterms.
GOP Sen. Mitch McConnell of Kentucky returned to Capitol Hill on Monday for the first time in three months, ending a prolonged absence that sparked widespread speculation about his health.
Hidden cameras captured lobbyists as they tried to woo a potential client interested in obtaining a pardon from President Trump.
Iran and Oman delayed a meeting to discuss control of the Strait of Hormuz as fighting between Iran's Houthi allies and Saudi Arabia raises the stakes for global energy markets.
Attorney General Todd Blanche says the government is not withholding documents to protect another country, days after 9/11 families publicly appealed to the Trump administration for more information to be released.
In an interview with CBS News, Sacks suggested that fears AI could harm people are overblown. "I think this is becoming a panic," he said.
A U.S. enforcement push, dubbed "Heartland fraud surge," probed losses involving the Paycheck Protection Program and Economic Injury Disaster Loan program.
Lured by promises of payment and a desire to help other families, surrogates discover they have few protections from practices that cast a "dark shadow" over the industry.
The wildfire, which has torn through Palo Pinto and Jack counties, forced evacuations, closed roads and disrupted schools.
In an interview with CBS News, Sacks suggested that fears AI could harm people are overblown. "I think this is becoming a panic," he said.
Attorney General Todd Blanche says the government is not withholding documents to protect another country, days after 9/11 families publicly appealed to the Trump administration for more information to be released.
DHS's internal watchdog is sharply criticizing conditions in a Florida immigration detention center dubbed "Alligator Alcatraz," finding detainees at the now-closed facility were held in "cramped conditions."
GOP Sen. Mitch McConnell of Kentucky returned to Capitol Hill on Monday for the first time in three months, ending a prolonged absence that sparked widespread speculation about his health.
In an interview with CBS News, Sacks suggested that fears AI could harm people are overblown. "I think this is becoming a panic," he said.
AI has fueled a stock boom in recent years. Now, some Wall Street analysts think that epic run is coming to an end.
Rising energy costs, persistently high inflation and mounting federal debt are clouding the outlook for the U.S. economy — and Americans' finances.
The tech-heavy Nasdaq slumped 147 points on Monday after AI company executives called for a slowdown in developing the technology.
The head of the artificial intelligence company calls the exponential rate of AI developments a "warning sign," with risks for humanity, and says, "We need to slow down." He talks with "Sunday Morning" about possible steps forward.
The Supreme Court left intact a ruling that blocked the U.S. Postal Service from enforcing new regulations for mail voting, rejecting the Trump administration's effort to move forward with the rules in the midterms.
Attorney General Todd Blanche says the government is not withholding documents to protect another country, days after 9/11 families publicly appealed to the Trump administration for more information to be released.
DHS's internal watchdog is sharply criticizing conditions in a Florida immigration detention center dubbed "Alligator Alcatraz," finding detainees at the now-closed facility were held in "cramped conditions."
GOP Sen. Mitch McConnell of Kentucky returned to Capitol Hill on Monday for the first time in three months, ending a prolonged absence that sparked widespread speculation about his health.
Former CIA Director John Brennan was subpoenaed to testify before a grand jury in Florida as part of the "grand conspiracy" investigation into Obama- and Biden-era officials last week.
A 40-year-old woman died on Saturday from complications associated with measles, the coroner reported.
Kate Ping thought she was just stressed out. A nurse practitioner's surprising recommendation led to a shocking diagnosis.
Affordable Care Act recipients in 30 states are set to receive the $500 checks starting in October. Here's why.
The Centers for Disease Control and Prevention said there is no longer a risk of people getting sick with cyclosporiasis from this outbreak and is confident that all related iceberg lettuce is off the market.
Neither infant was old enough to be vaccinated. The first dose of the measles vaccine is typically given at around 1 year of age.
The couple named their daughter Georgia in honor of their late son, Giorgos.
An attack on a Saudi Arabian pipeline and a simmering war between the Saudis and Iran's Houthi allies in Yemen are pushing oil prices up.
Scientists believe increasingly crowded waters and rising ocean temperatures are shifting sharks' migratory patterns, which may be contributing to a rise in attacks.
Sweden's left-wing opposition are holding a slim lead after an election that saw the far-right's share of the vote
The documentary "NAZA" includes interviews with purported Israeli intelligence officers who claim the systematic use of AI-powered targeting systems in Gaza.
The first so-called AI actor, Tilly Norwood, is on a promotional tour for an upcoming movie produced by a British company. CBS News correspondent Leigh Kiniry interviewed the AI on the film "Misaligned."
Dubbed the "Designer to the Stars," Bob Mackie won nine Emmy Awards, a Tony Award and was nominated for three Oscars.
Stella Parton offers fans a glimpse into the life of her larger-than-life sister, Dolly Parton, from her makeup routine to her views on death, in an exclusive interview with "CBS Mornings" co-host Gayle King.
Céline Dion, who stepped back from performing in 2022 after announcing a rare autoimmune and neurological disorder, returned to the stage over the weekend for her long-awaited comeback tour. Adriana Diaz reports.
Canadian superstar Celine Dion returned to the stage in Paris this weekend, for her first full concert in six years, and the first of 26 shows.
Over the weekend, four of America's top tech leaders, including Elon Musk, agreed that AI's development should slow down and called for government standards. President Trump dismissed their calls, and in a CBS News exclusive, one of the president's top AI advisers, David Sacks, reacted. Jo Ling Kent reports.
Over the weekend, Anthropic co-founder and CEO Dario Amodei published a 3,800-word essay calling for a global slowdown in the exponential development of artificial intelligence. Sam Altman, who runs OpenAI, Elon Musk and others shared social media posts agreeing with Amodei's assessment. CBS News Washington correspondent Natalie Brand has President Trump's reaction.
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.
In an interview with CBS News, Sacks suggested that fears AI could harm people are overblown. "I think this is becoming a panic," he said.
David Sacks, co-chair of the President's Council of Advisors on Science and Technology, says tech leaders like Anthropic CEO and co-founder Dario Amodei have a responsibility to ensure their products are safe — and should "step aside" if they can't control what they're building.
Artificial intelligence technology is developing at an "exponential" rate, Anthropic CEO Dario Amodei told CBS News, calling the situation a "warning sign" for the industry that requires serious safeguards.
Paleontologists have identified the first known trackway made by a full-grown Tyrannosaurus rex, and the discovery was made in the North Dakota badlands.
Ten research teams were honored at a satirical science awards ceremony that was hosted outside the U.S. for the first time due to travel concerns. A study of cockroach milk was among the winners.
Marmots, not bears, are the largest "true" hibernating mammal, UCLA marmot researchers Katie Adler and Emily Renkey say. The two share more fun facts about these cute creatures and explain how to vote for the fattest marmot.
NASA's new telescope could change the way we see space. With a wide-field camera that will reveal an area up to 200 times larger than the Hubble Space Telescope, and an orbit a million miles from Earth, the Nancy Grace Roman telescope is expected to find tens of thousands of unknown exoplanets.
The holdout juror in Lindsay Clancy's murder trial faced a domestic violence charge in 2021, but it was later dismissed, police records show. CBS News' Shanelle Kaul has more.
Paula Devlin, a juror in the murder trial of Lindsay Clancy, sat down with Shanelle Kaul to share her experience with the high-profile case and tense deliberations that ultimately ended in a mistrial.
Mississippi police have arrested a man in the death of Tasia Fortune, a Black woman found hanging from a tree last month.
25 years after 9/11, we rarely hear about the state of the organization responsible for the attacks. The Atlantic recently put out a piece on al-Qaeda that says in part, "analysts can't decide if the terrorist organization is all but defunct or more threatening than ever." The article's author, Graeme Wood, joins "The Takeout" to discuss.
The FBI is warning of potential attacks on 9/11 remembrance ceremonies as terrorist groups call for new strikes on U.S. soil. Anna Schecter has more.
NASA's Roman Space Telescope launched shortly after daybreak from Kennedy Space Center and blazed toward an observation point 1 million miles away.
The $4.3 billion telescope is expected to discover tens of thousands of exoplanets while probing the nature of mysterious dark matter and energy.
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.
The mission to save NASA's sinking space telescope has been called off, dooming the telescope to a fiery reentry later this year.
A NASA spacecraft circling the moon is providing the sharpest views yet of the crater carved by a crashing SpaceX rocket.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Dolly Parton, the country music legend who became a feminist icon, has died at the age of 80. Here is a look back at her life in pictures.
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 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.
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
Gas prices are running about 15 cents per gallon more than they were just a week ago, and diesel fuel for trucks is now at an all-time high, topping $6 a gallon. The war with Iran is the biggest factor, but President Trump is instead blaming Ukraine. Ed O'Keefe has more details.
Over the weekend, four of America's top tech leaders, including Elon Musk, agreed that AI's development should slow down and called for government standards. President Trump dismissed their calls, and in a CBS News exclusive, one of the president's top AI advisers, David Sacks, reacted. Jo Ling Kent reports.
Republican Sen. Mitch McConnell of Kentucky returned to Capitol Hill on Monday after a monthslong absence. CBS News congressional reporter Taurean Small has the latest.
One group of American workers is seeing their fastest wage growth in more than three years as they jump ship and change jobs. CBS News MoneyWatch reporter Megan Cerullo explains.
In an interview with CBS News' Nicole Sganga, Attorney General Todd Blanche claimed mail-in voting carried a greater risk of fraud than in-person voting with ID. When asked what evidence he had to support his statement, he responded, "Well, it's common sense."