How hard is it to claw back Wells Fargo's exec pay?
Clawbacks reclaim inflated executive pay in case of fraud or undue risk, but the bank’s rules may not make it easy in this case
JPMorgan Chase
Seven years without a raise for this group of workers
If the federal minimum wage had simply been adjusted for inflation over past few decades, today's $7.25 an hour would be $9.65
Stocks eke out late gains to hit more records
Winning streak that began with a strong U.S. jobs report on Friday stretches into a fourth day for U.S. equities
JPMorgan hiking pay for 18,000 tellers, other hourly workers
Nation's largest bank follows major U.S. companies including Target and McDonald's in raising its minimum wage
Stocks trampled by global fears after Brexit vote
Dow down more than 600 points as investors rush for the exits after U.K. vote creates flood of unknowns for world economy
Britain votes to leave the EU, but will financiers leave London?
After tough talk ahead of the referendum, banks and insurers are now taking a more tempered stance on leaving the U.K. capital
The case for cutting some big banks down to size
Why two of Wall Street's top bank analysts argue that at least three institutions are too big for anyone's good
To top this list, you'll need to make $4.7 million per day
Althogh roughly half of all hedge funds lost money last year, 25 managers collectively managed to earn nearly $13 billion
Dow jumps to 2016 high as investors applaud China data
Financial sector leads Wall Street gains after better-than-expected earnings from banking powerhouse JPMorgan Chase
Stocks soar to finish at highest levels of 2016
Sentiment lifted by trade data from China and better-than-expected earnings from banking powerhouse JPMorgan Chase
JPMorgan profit falls as investment bank struggles
But earnings still beat Wall Street expectations, and its shares rose before the stock market opened Wednesday
Inside the $5.1B Goldman Sachs subprime mortgage settlement
No one is going to jail, and approximately half of the settlement is tax deductible -- meaning Goldman Sachs will be getting a tax break that could shave about a billion dollars off the total
Stocks soar on solid economic reports; Dow up 2%
S&P 500 rebounds after three months of declines as Wall Street applauds data and oil hitting a 1-month high
U.S. stocks rebound from punishing week
Bank shares rally after Jamie Dimon buys 500,000 shares of JPMorgan Chase and investors embrace oil's surge
Wells Fargo to pay $1.2B to end home loan mess
Federal suit accused Wall Street firm of misrepresenting the quality of thousands of mortgages
Coming soon: card-free ATMs
JPMorgan Chase to rollout cash machines where you use your cell phone to pull out money
Global fears undermine CEO confidence
A range of factors has corporate executives fretting about their companies' growth prospects this year
JPMorgan Chase takes aim at youth unemployment
A new program launched by the banking firm aims to help put young people on a fruitful career path
JPMorgan's results rise 9 percent, beat estimates
For the full year, banking giant earned $22.41 billion, up 12 percent from a year earlier
U.S. stocks sink in echoing China-led global rout
S&P 500 tallies worst beginning to a year ever; Nasdaq Composite finishes 3 percent lower
How a cyberthief "captured" a credit union
Federal prosecutors say a suspect in the JPMorgan hack hijacked a New Jersey institution for low-income families
Three charged for largest-ever bank data breach
Federal prosecutors say the cyberthieves stole the personal information of more than 100 million customers from a few companies
How record stock buybacks inflate the markets
Corporate bellwethers are spending billions to repurchase their own shares -- is the money wisely spent?
Steady retail sales hint at stronger growth
Steady retail sales hint at stronger growth for U.S. economy
JPMorgan Chase posts $5.3B profit
JPMorgan Chase reports its fourth quarter earnings fell about seven percent to $5.3 billion, plus more MoneyWatch headlines.
Survivors of Sept. 2 boat strike were waving before second attack, sources say
Two people who survived a U.S. attack on an alleged drug boat were waving overhead before they were killed in a now-controversial second strike, according to two sources.
Russia targets Ukraine with massive drone attack amid diplomatic talks
Russia launched a huge attack on Ukraine overnight as the country marked Armed Forces Day on Saturday, Ukraine's air force said.
CDC panel votes to stop recommending birth dose of hepatitis B vaccine
The CDC's Advisory Committee on Immunization Practices, with members appointed by RFK Jr., voted to change longstanding recommendations on the hepatitis B vaccine.
Supreme Court to decide constitutionality of Trump's birthright citizenship order
The Supreme Court said Friday it will decide the legality of President Trump's executive order that seeks to end birthright citizenship.
Michael Annett, former NASCAR racing star, dies at 39
Michael Annett won the Xfinity Series' season-opening race at Daytona International Speedway in 2019.
Protesters arrested after smearing food on case holding England's Crown Jewels
Four protesters have been arrested after splattering food on the case of a diamond-encrusted crown at the Tower of London.
20,000-pound cocaine seizure by Coast Guard breaks 18-year-old record
Video shows Coast Guard vehicles pursuing a go-fast vessel that appeared to have multiple people aboard.
Minnesota officials saw signs of massive fraud even before COVID hit
In July 2019, Minnesota state officials spotted early signs of fraud that would eventually siphon away more than $1 billion in taxpayer money, sources told CBS News.
Here's where minimum wage increases are set to kick in next year
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.
U.S.
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Michael Annett, former NASCAR racing star, dies at 39
Michael Annett won the Xfinity Series' season-opening race at Daytona International Speedway in 2019.
20,000-pound cocaine seizure by Coast Guard breaks 18-year-old record
Video shows Coast Guard vehicles pursuing a go-fast vessel that appeared to have multiple people aboard.
Trump's birthday added to list of free days at national parks; MLK Day, Juneteenth removed
The change to the schedule comes shortly after the Trump administration announced new fees for non-resident visitors.
Prominent U.S. playwright arrested in Japan for alleged ecstasy smuggling
Japanese officials said Jeremy O Harris, known for his Tony-nominated "Slave Play," was arrested on the island of Okinawa on Nov. 16.
National Guard member is "slowly healing" after D.C. shooting, governor says
West Virginia Gov. Patrick Morrisey said the family expects Andrew Wolfe to be in acute care for another two to three weeks.
MoneyWatch
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For Gen Zers, finding work after college is often a painful slog
"It's very discouraging," said one young job-seeker as employers pull back on hiring entry-level workers.
Here's where minimum wage increases are set to kick in next year
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.
Officials expand probe into Waymo over robotaxis driving around buses
Federal regulators are investigating multiple Texas incidents in which the robotaxis drove around stopped school buses.
Trump touts $20 trillion in new U.S. investments, but numbers don't add up
President Trump's claims of a historic multitrillion-dollar investment surge don't match federal data or the administration's own numbers.
Elon Musk's X fined $140 million for violating EU transparency rules
European regulators said X breached transparency rules under the Digital Services Act, a sweeping EU law intended to protect internet users.
Politics
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U.S., Ukrainian officials will meet again Saturday on peace plan
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.
Survivors of Sept. 2 boat strike were waving before second attack, sources say
Two people who survived an early September U.S. attack on an alleged drug boat were waving overhead before they were killed in a now-controversial second strike, according to two sources.
Report finds Afghanistan mission was "two-decade long effort fraught with waste"
The final report this week from the special inspector general for Afghanistan identified $26 billion in waste, fraud, and abuse in U.S. reconstruction spending in Afghanistan since 2009.
Supreme Court to decide constitutionality of Trump's birthright citizenship order
The Supreme Court said Friday it will decide the legality of President Trump's executive order that seeks to end birthright citizenship.
Indiana House GOP advances 9-0 congressional map, sending plan to state Senate
President Trump has led the charge to create more GOP-friendly congressional districts in the 2026 midterm elections.
HealthWatch
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Artist who fought for diagnosis turns incurable cancer journey into art
Nardiz Cooke was immediately transfixed by the mask she wore while receiving treatment for late-stage cancer.
CDC panel votes to stop recommending birth dose of hepatitis B vaccine
The CDC's Advisory Committee on Immunization Practices, with members appointed by RFK Jr., voted to change longstanding recommendations on the hepatitis B vaccine.
Could pets be next for weight loss drugs? Here's what to know about a study.
A clinical study into weight loss drugs for pets just launched, with results from the trial expected by next summer.
CDC panel to vote Friday on hepatitis B vaccine for newborns
The CDC's vaccine advisory panel meets Thursday and Friday to discuss recommendations for the hepatitis B vaccine and the schedule of childhood shots.
12 ex-FDA leaders criticize claims made by agency's current vaccine chief
The former officials said the FDA's plans to revamp how certain life-saving vaccines are handled would "disadvantage the people the FDA exists to protect, including millions of Americans at high risk from serious infections."
World
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Gaza ceasefire talks in "critical moment" as second phase in deal yet to begin
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.
Nobel laureate Maria Corina Machado to travel to Oslo for peace prize
Maria Corina Machado has been living in hiding in Venezuela since the 2024 presidential election.
11 killed, including 3 children, in shooting at a South African bar
Over a dozen people were wounded and taken to the hospital, the South African Police Services said in a statement.
Protesters arrested after smearing food on case holding England's Crown Jewels
Four protesters have been arrested after splattering food on the case of a diamond-encrusted crown at the Tower of London.
Prominent U.S. playwright arrested in Japan for alleged ecstasy smuggling
Japanese officials said Jeremy O Harris, known for his Tony-nominated "Slave Play," was arrested on the island of Okinawa on Nov. 16.
Entertainment
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Entertainment
Tim Blake Nelson on his new book "Superhero"
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.
Netlix and Warner Bros. deal sparks concern
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 perform "Dark Night of My Soul"
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 "Dark Night of My Soul."
AVTT/PTTN perform "Eternal Love"
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."
AVTT/PTTN perform "Received"
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 "Received."
Technology
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Technology
Waymo says its cars are better at avoiding crashes
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.
Elon Musk's X fined $140 million for violating EU transparency rules
European regulators said X breached transparency rules under the Digital Services Act, a sweeping EU law intended to protect internet users.
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.
Google reveals top search trends of 2025
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.
Politico: Trump admin. looks to robotics
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.
Science
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"Space gum" discovered in asteroid Bennu samples, NASA reveals
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.
CEO of genetics firm says parents have a right to choose unborn child's traits
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.
Sick ants invite self-sacrifice to save colony: "Come and kill me"
Ant colonies act as one "super-organism" which works to ensure the survival of all, according to a team of scientists.
Mystery owner of ancient foot found in Africa identified, scientists say
The discovery could cast some doubt on the status of Lucy's species as the direct ancestor of Homo sapiens.
Most dogs have wolf DNA. These breeds have more than others.
Wolf DNA seems to have influenced the size, smelling power and even personality of modern dog breeds, scientists said.
Crime
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20,000-pound cocaine seizure by Coast Guard breaks 18-year-old record
Video shows Coast Guard vehicles pursuing a go-fast vessel that appeared to have multiple people aboard.
Latest details on 2021 pipe bomb suspect
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.
11 killed, including 3 children, in shooting at a South African bar
Over a dozen people were wounded and taken to the hospital, the South African Police Services said in a statement.
Questions remain after D.C. pipe bomb arrest
The man accused of planting two pipe bombs in Washington, D.C., on the eve of the Jan. 6, 2021, U.S. Capitol riot is facing two federal charges. CBS News' Anna Schecter has more.
Louisiana inmate who escaped through damaged wall recaptured; 1 still on the run
Officials in Louisiana say one of two inmates accused of violent crimes was recaptured after an audacious escape.
Space
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"Space gum" discovered in asteroid Bennu samples, NASA reveals
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.
Air Force approves SpaceX launch pad expansion
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.
Geomagnetic storm watch issued after powerful solar flare
Solar flares and other activity can disrupt radio communications, power grids and navigation signals, according to NASA.
Scientists think they've detected lightning on Mars: "Missing piece of the puzzle"
Researchers have documented 55 instances of "mini lightning" over two Martian years by eavesdropping on the whirling wind recorded by NASA's Perseverance rover.
Russia sends a NASA astronaut, 2 cosmonauts, up to the space station
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.
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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.
The life & near death of prizefighter Christy Salters-Martin
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Robert Redford 1936-2025
A retrospective look at the actor, director, producer, and founder of the Sundance Institute.
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
New Orleans immigration crackdown underway
A 22-year-old woman who says she was born and raised in the United States tells "CBS Saturday Morning" about being chased down the street by U.S. Customs and Border Protection agents as the Trump administration's New Orleans immigration crackdown ramps up.
NFL owner helps North Carolina bee farm
When a North Carolina bee farm was heavily damaged from Hurricane Helene, the Tepper family — who own the Carolina Panthers — stepped in to help them recover.
Where to get the latest CBS Mornings Deals
On this edition of CBS Mornings Deals, we feature some gift ideas you'll save money on. Visit cbsdeals.com to take advantage of these exclusive deals today. CBS earns commissions on purchases made through cbsdeals.com.
Tim Blake Nelson on his new book "Superhero"
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.
Christmas returns to Bethlehem
The Christmas tree in Bethlehem is set to be lit for the first time since 2022, since celebrations at Jesus' birthplace were paused for the war in Gaza.