Caroline Ellison, former FTX executive, sentenced to 24 months in prison
Ellison, a former top executive for Sam Bankman-Friend's crypto hedge fund, was sentenced Tuesday for fraud.
Sam Bankman-Fried
FTX founder Sam Bankman-Fried appeals fraud conviction
Lawyers for Sam Bankman-Fried claim in an appeal filed Friday that the imprisoned FTX founder was the victim of a rush to judgment by a public that wrongly believed he was guilty before he was even arrested.
Michael Lewis on new book
Best-selling author Michael Lewis, who had unprecedented access to FTX founder Sam Bankman-Fried, is releasing a new afterword in the paperback version of "Going Infinite." He shares his thoughts on the trial's outcome and the controversy surrounding his portrayal of Bankman-Fried.
FTX files plan to fully reimburse customers it defrauded of billions
FTX says that nearly all of its customers will receive the money back they are owed, two years after the cryptocurrency exchange imploded.
Sam Bankman-Fried sentenced to 25 years
Sam Bankman-Fried was sentenced to 25 years in prison for his role in the sudden collapse of the FTX crypto exchange. Prosecutors say he defrauded customers out of more than $8 billion, one of the largest financial crimes in U.S. history. Errol Barnett reports.
Sam Bankman-Fried apologizes at sentencing
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.
FTX co-founder Sam Bankman-Fried sentenced to 25 years in prison
Former billionaire Sam Bankman-Fried was convicted for orchestrating a massive financial fraud that led to downfall of crypto trading platform FTX.
Sam Bankman-Fried sentenced to 25 years
FTX founder Sam Bankman-Fried has been sentenced to 25 years in prison for his role in the cryptocurrency fraud scheme that brought down his company and lost investors billions. CBS News' Errol Barnett reports.
Sam Bankman-Fried deserves 40 to 50 years in prison, prosecutors say
Sam Bankman-Fried, 32, is scheduled to be sentenced on March 28 following his November conviction on fraud and conspiracy charges.
Sam Bankman-Fried asks judge to reject 100-year recommended sentence
Sam Bankman-Fried's lawyer says a recommended sentence of 100 years in prison is "grotesque" and "barbaric."
Feds say they won't bring second trial against Sam Bankman-Fried
Prosecutors wrote in a letter that evidence presented at a second trial would duplicate evidence already shown to the jury in the first trial.
AI, Elon Musk and 2023's biggest tech stories
From the rise of artificial intelligence to Elon Musk's rebranding of Twitter, 2023 saw major changes in the tech industry. CBS News senior business and tech correspondent Jo Ling Kent joins to look back at the year in tech -- and to discuss where the industry is headed in 2024.
Biggest financial stories heading into 2024
Concerns over inflation and a potential recession drove economic headlines in 2023, but new data shows consumer confidence is at a five-month high as we head into the new year. Javier David, CBS News contributor and a managing editor of business and markets at Axios, has a look at the economic outlook for 2024.
Bankman-Fried trial jury finds him guilty
Sam Bankman-Fried's trial came to an end Thursday with the jury finding him guilty on all charges, including fraud, conspiracy and money laundering. CBS News national correspondent Errol Barnett was in court as the verdict was read.
Bankman-Fried's possible prison sentence
FTX founder Sam Bankman-Fried has been found guilty on all seven counts of fraud, conspiracy and money laundering following more than two weeks of testimony in one of the highest-profile financial crime cases in years. CBS News national correspondent Errol Barnett has more.
Sam Bankman-Fried guilty in FTX fraud case
A Manhattan jury deliberated less than four hours before finding FTX founder Sam Bankman-Fried guilty of seven counts of fraud and conspiracy. Prosecutors are calling the $10 billion scheme one of the biggest financial frauds in American history. CBS News' Errol Barnett reports.
Sam Bankman-Fried found guilty in FTX crypto fraud case
The former billionaire cryptocurrency mogul faces a potential prison term of more than a century following his conviction.
Sam Bankman-Fried found guilty in FTX case
A jury Thursday night found FTX founder Sam Bankman-Fried guilty on all seven counts of fraud, conspiracy and money laundering following more than two weeks of testimony in one of the highest-profile financial crime cases in years. CBS News legal analyst Rikki Klieman and national correspondent Errol Barnett have more.
SBF's trial reaches closing arguments
Closing arguments were underway Wednesday in FTX founder Sam Bankman-Fried's trial in New York. CBS News correspondent Errol Barnett has been covering the trial and has the latest on Bankman-Fried's testimony.
Jury deliberating in Bankman-Fried trial
Jury deliberations are set to begin in the New York trial of FTX founder Sam Bankman-Fried. The jury will have to consider if Bankman-Fried's statements on the stand contradict evidence presented by the prosecution. CBS News national correspondent Errol Barnett has the latest as attention turns to the jury.
Sam Bankman-Fried back on witness stand
Sam Bankman-Fried was back on the witness stand at his trial Tuesday as prosecutors argued he moved to protect his assets while FTX, his cryptocurrency exchange company, tumbled. CBS News national correspondent Errol Barnett reports on Bankman-Fried's testimony.
FTX founder Sam Bankman-Fried takes the stand
Sam Bankman-Fried will take the stand Thursday as he defends himself in a trial against seven charges. A number of Bankman-Fried's colleagues have testified against him in cooperation with prosecutors. CBS News national correspondent Errol Barnett has a preview of Bankman-Fried's defense.
Ex says SBF bribed Chinese officials
Sam Bankman-Fried's ex-girlfriend is back on the witness stand facing cross-examination from the disgraced FTX founder's lawyers. Caroline Ellison has repeatedly told jurors Bankman-Fried was the mastermind behind the crimes that led to the company's downfall. CBS News national correspondent Errol Barnett has the latest.
Bankman-Fried's lawyer struggles to poke holes in ex-girlfriend's testimony
It was a rough day in court for Sam Bankman-Fried's defense, with Judge Lewis Kaplan pressing the FTX co-founder's lawyer on his line of questioning.
Sam Bankman-Fried's ex-girlfriend testifies
Caroline Ellison, Sam Bankman-Fried's ex-girlfriend, is back on the witness stand Wednesday in the FTX founder's fraud trial. Ellison previously pleaded guilty to multiple charges and agreed to cooperate with the prosecution. CBS News national correspondent Errol Barnett is at the courthouse and has the latest on Ellison's testimony.
Live
CENTCOM chief visits USS Abraham Lincoln amid morale concerns
Meanwhile, Israel is being condemned by Lebanese leaders for strikes in the south that killed at least 11 people, including children.
CBS News poll on whether Democrats split over socialism
Americans think more young people in office would make politics better.
Tropical Storm Lala brings drenching rain, wind across the Hawaiian Islands
As a hurricane, Lala skirted past Hawaii's Big Island, where it brought heavy rain and the possibility of life-threatening flooding and mudslides.
Beshear says he's "heard absolutely nothing" from McConnell
Kentucky Gov. Andy Beshear said he hasn't heard back from Sen. Mitch McConnell following a formal request for an update on his health last month amid a weekslong hospitalization.
Tommy John, MLB All-Star pitcher who had a surgery named after him, dies at 83
One of Tommy John's biggest legacies to MLB was his comeback elbow reconstruction surgery that now bears his name.
Exclusive
Ukraine's own ballistic missiles could strike Russia within months, says former minister
Mykhailo Fedorov, the former Ukrainian defense minister who is widely credited as the architect of the country's modern war-fighting strategy, told CBS News in an exclusive interview that he believes Ukraine is in a "technological war" with Russia.
Rahm Emanuel on Trump, the left, and what's right for America
As a Democratic Congressman, Chicago mayor, ambassador, and chief of staff in the Obama White House, Rahm Emanuel has been a key and combative moderate; he says his fight, now and in the future, is bigger than him and his party.
Bacon says Congress "should have oversight" amid concerns about USS Lincoln
GOP Rep. Don Bacon of Nebraska said Congress should conduct oversight following concerns about conditions aboard the USS Abraham Lincoln, which is being replaced after a nearly nine-month deployment.
Jared Kushner met with Hamas leaders in Egypt to discuss Gaza peace deal
Jared Kushner, who is President Trump's son-in-law, is set to meet next with Israeli Prime Minister Benjamin Netanyahu, who rejected the latest peace proposal last week.
U.S.
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Full transcript of "Face the Nation with Margaret Brennan," Aug. 16, 2026
On this "Face the Nation with Margaret Brennan" broadcast, Kentucky Gov. Andy Beshear and Rep. Don Bacon join Margaret Brennan.
Tommy John, MLB All-Star pitcher who had a surgery named after him, dies at 83
One of Tommy John's biggest legacies to MLB was his comeback elbow reconstruction surgery that now bears his name.
Bacon says Congress "should have oversight" amid concerns about USS Lincoln
GOP Rep. Don Bacon of Nebraska said Congress should conduct oversight following concerns about conditions aboard the USS Abraham Lincoln, which is being replaced after a nearly nine-month deployment.
Beshear says he's "heard absolutely nothing" from McConnell
Kentucky Gov. Andy Beshear said he hasn't heard back from Sen. Mitch McConnell following formal requests for an update on his health last month amid a weekslong hospitalization.
Short pants: The long and the short of it
The summer of 1936 saw a heat wave so dangerous at least five thousand people died. It also saw the popularization of a cooler fashion alternative – shorts – which, in some jurisdictions, were illegal.
MoneyWatch
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CBS News poll on whether Democrats split over socialism
Americans think more young people in office would make politics better.
Hormuz chaos highlights risks for other global trade chokepoints
The war in Iran has underscored how disruptions to a key shipping route thousands of miles away can have a material impact on American consumers.
FDA upgrades egg recall linked to salmonella to highest risk level
U.S. food regulators say 1.6 million cartons of recalled eggs can "cause serious adverse health consequences or death."
How to get a refund for Trump tariffs struck down by Supreme Court
The U.S. has refunded more than $100 billion in illegal tariffs to businesses, and some of that money is going to consumers — here's what to know.
Walmart tomato soup kits recalled over Listeria risk, FDA says
The 14oz soup kits were distributed at Walmart stores in 29 states between June 30 and July 7, according to the FDA.
Politics
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Trump orders Pentagon to "substantially reduce" military exercises with South Korea
President Trump said Sunday that the joint military exercises with South Korea are costly and they "send a signal that is totally inappropriate and hostile" to North Korea.
Jared Kushner met with Hamas leaders in Egypt to discuss Gaza peace deal
Jared Kushner, who is President Trump's son-in-law, is set to meet next with Israeli Prime Minister Benjamin Netanyahu, who rejected the latest peace proposal last week.
Full transcript of "Face the Nation with Margaret Brennan," Aug. 16, 2026
On this "Face the Nation with Margaret Brennan" broadcast, Kentucky Gov. Andy Beshear and Rep. Don Bacon join Margaret Brennan.
Bacon says Congress "should have oversight" amid concerns about USS Lincoln
GOP Rep. Don Bacon of Nebraska said Congress should conduct oversight following concerns about conditions aboard the USS Abraham Lincoln, which is being replaced after a nearly nine-month deployment.
Transcript: Rep. Don Bacon on "Face the Nation with Margaret Brennan," Aug. 16, 2026
The following is the transcript of an interview with Rep. Don Bacon, Republican of Nebraska, that aired on "Face the Nation with Margaret Brennan" on Aug. 16, 2026.
HealthWatch
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Mom-to-be had 2 signs of rare complication: "Everything kept getting worse"
Candice Davis' first pregnancy was going smoothly until she began feeling some nausea and pain one afternoon.
My husband was kicked out of hospice. Here's what I learned.
Some seriously ill patients improve on hospice. About 1 in 16 patients enrolled in hospice care lose eligibility as a result. Here's how to get appropriate care.
Whole Foods recalls some jalapeño products over salmonella risk
Certain salsas, guacamole, pico de gallo and prepared jalapeño products at Whole Foods are among the products recalled over possible salmonella risk.
Maps and charts show record number of measles cases in U.S. this year
CBS News has been tracking a record number of measles cases and outbreaks around the country. The majority of cases are among those who haven't been vaccinated.
Norah O'Donnell: I take testosterone. Here's why.
Norah O'Donnell sat down with her own doctor, Rachel Rubin, to tackle the important topic of menopause: How your body changes, why women may be needlessly suffering, and what you can actually do about it.
World
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Jared Kushner met with Hamas leaders in Egypt to discuss Gaza peace deal
Jared Kushner, who is President Trump's son-in-law, is set to meet next with Israeli Prime Minister Benjamin Netanyahu, who rejected the latest peace proposal last week.
Transcript: Rep. Don Bacon on "Face the Nation with Margaret Brennan," Aug. 16, 2026
The following is the transcript of an interview with Rep. Don Bacon, Republican of Nebraska, that aired on "Face the Nation with Margaret Brennan" on Aug. 16, 2026.
Transcript: Pennsylvania state Rep. Chris Rabb on "Face the Nation with Margaret Brennan," Aug. 16, 2026
The following is the transcript of an interview with Pennsylvania state Rep. Chris Rabb, a Democrat, that aired on "Face the Nation with Margaret Brennan" on Aug. 16, 2026.
Transcript: Kentucky Gov. Andy Beshear on "Face the Nation with Margaret Brennan," Aug. 16, 2026
The following is the transcript of an interview with Kentucky Gov. Andy Beshear, a Democrat, that aired on "Face the Nation with Margaret Brennan" on Aug. 16, 2026.
4 Renaissance paintings stolen from museum in Italy
Local officials have expressed their dismay and sadness at the theft which occurred during celebrations of the Virgin Mary.
Entertainment
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Entertainment
Movie theaters boom amid studio hits
The box office has been booming in 2026, with five blockbuster hits making over $1 billion. Mark Strassmann has more details from Los Angeles.
8/16: Sunday Morning
Hosted by Jane Pauley. Featured: Weather becoming more extreme; Rahm Emanuel; The Eagles' Don Henley; ex-Amish, now social media creator Lovina Zook; trophy bull riding belt buckles; the iNaturalist app; and the long and short of short pants.
The Eagles' "Long Goodbye" farewell tour, now longer
The Eagles, one of the greatest old-school bands on Earth (and whose "Greatest Hits" compilation is the bestselling album in history), have extended their farewell tour, currently in residency at The Sphere in Las Vegas. Eagles co-founder Don Henley talks with correspondent Tracy Smith about the band's half-century relationship with their fans; the legacy of his late bandmate Glenn Frey; and how his pre-performance regimen has changed with age. (Originally broadcast Feb. 8, 2026.)
Almanac: August 16
"Sunday Morning" looks back at historical events on this date.
8/15: CBS Saturday Morning
Rain floods the Midwest as Lala looms over Hawaii. We look inside a spy satellite company. Plus, Putin's meeting with President Trump, a year later.
Technology
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Technology
States crack down on misleading home listings
More home listings are using AI to add furniture, repaint walls, spruce up landscaping and even add windows. But when does virtual staging cross the line into deception or even fraud? CBS News' Evyn Moon explores.
The iNaturalist app – Mixing science with fun
The iNaturalist cellphone app not only helps users identify plant, animal and insect species; it also provides invaluable data to scientists studying biodiversity, species decline, and habitat loss. It also provides opportunities for fun: David Pogue joins iNaturalist fan Martha Stewart in a "bioblitz" – a timed competition with other users to spot and ID species. (Originally broadcast March 22, 2026.)
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.
The silent spy game orbiting above Earth's skies
Above Earth's atmosphere, an arms race is unfolding. Thousands of miles above the ground, satellites from different companies and nations are observing us and each other. To learn more, Olivia Gazis traveled to Vantor, a Colorado-based satellite technology company.
Where to get the latest CBS Mornings Deals
On this edition of CBS Deals, we show you items that will help improve your everyday lifestyle. Visit cbsdeals.com to take advantage of these exclusive deals today. CBS earns commissions on purchases made through cbsdeals.com.
Science
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A summer of extremes: Weathering a hotter world
July was the hottest month ever in the Lower 48 States – another escalation of our world into a hotter, more dangerous planet, where extreme weather events – such as heat waves, wildfires and hurricanes – will become more common and more extreme.
A summer of extremes: Weathering a hotter world
July was the hottest month ever in the Lower 48 States, breaking a record last set during the Dust Bowl – just another step in the escalation of our world into a hotter, more dangerous planet. Correspondent Jonathan Vigliotti talks with climate journalist Jeff Goodell and atmospheric scientist Maria Molina about how changes in Earth's climate are increasing the likelihood that extreme weather events – such as heat waves, wildfires and hurricanes – will become more common and more extreme.
Views of the total solar eclipse in Europe
A total solar eclipse was visible in parts of Europe for the first time since 1912. Rob Marciano reports.
Europe sees total solar eclipse
A total solar eclipse turned day into night across a slice of Europe and North America on Wednesday, and put millions in unique contact with the heavens above. Meteorologist Rob Marciano reports from Spain.
Astronomy professor on how eclipses work
Janna Levin, professor of physics and astronomy at Barnard College, joins CBS News to discuss Wednesday's total solar eclipse.
Crime
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Security video helps lead to a masked killer who tried to hide the crime
Dr. Steven Milner, a well-respected Oregon veterinarian, was accused of stalking and disguising himself before murdering Kenny Fandrich — the husband of a former employee. Security cameras played a key role in how detectives pieced the case together.
Violent crime down in big cities
Violent crime numbers are down across many major U.S. cities. Ali Bauman is in Newark, New Jersey, which has seen a large drop in homicides.
5 hurt in Virginia State University shooting
Police say multiple suspects were involved in the Virginia State University campus shooting that wounded five on Saturday.
Mozart statuettes snatched in classical caper
To celebrate Mozart's 270th birthday this year, German artist Ottmar Hörl made 320 statuettes of the composer and his dog, Pimperl, placing them around Salzburg, Austria. However, the statuettes have been pilfered.
Italian art heist foiled
Five accused thieves are under arrest after police say they took $10 million worth of art from a private museum in an Italian villa.
Space
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New space object called "black hole star" discovered by astronomers
The newly discovered object looks like a star the size of our solar system, but produces 100 billion times more energy than any star.
Stunning photos show total solar eclipse over Europe
The only total solar eclipse of 2026 crossed the Northern Hemisphere Wednesday, with a path of totality across parts of Greenland, Iceland and northern Spain. See photos and video from the best viewing locations.
Perseid meteor shower reaches peak viewing on Wednesday night
The Perseid meteor shower is the best viewing all year, according to NASA.
Most detailed images taken of sun's surface revealed
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.
SpaceX rocket booster slams into moon, creating crater that could be 16 feet deep
The impact wasn't visible to the naked eye, but photos are expected to come from a lunar satellite at a later time.
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.
Summer music highlights of 2026
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.
Investigating the death of designer Sylvie Cachay
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.
Photos show celebrations at Obama Presidential Center
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
Timeline: The disappearance of George Smith
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Latest CBS News Videos
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Latest CBS News Videos
100-year-old skydives in California
Ruby McNally is 100 years old, and she is leaping into the next century of life by skydiving, saying, "There's nothing to be scared of." Ashley Sharp has the story.
Movie theaters boom amid studio hits
The box office has been booming in 2026, with five blockbuster hits making over $1 billion. Mark Strassmann has more details from Los Angeles.
Tommy John dies at 83
Tributes poured in on Sunday for Tommy John. The baseball legend known as the "bionic man" has died at age 83. Shanelle Kaul reports from Yankee Stadium.
Europe endures its fifth heat wave this summer
Europe has been sweating through its fifth round of dangerously high temperatures since May. Ramy Inocencio is in London with more.
69% of Americans not satisfied with economy: poll
A new CBS News poll found 69% of Americans are not satisfied with how the economy is working. With the Iran war in its sixth month, there's still pain at the pump. Aaron Navarro has more.