Bank stocks tumble as First Republic deal fails to stem investor fears
Shares of Los Angeles lender PacWest Bancorp fell 28% as spooked investors bail from regional banks.
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Shares of Los Angeles lender PacWest Bancorp fell 28% as spooked investors bail from regional banks.
JPMorgan Chase is buying the troubled lender after it became the second biggest bank failure in U.S. history.
The regional lender, whose collapse is the second-biggest bank failure in U.S. history, is the third bank to be seized by regulators since March.
Don Carmignani, a former San Francisco Fire Commissioner, missed his second hearing in a row after video surfaced allegedly showing him attacking a homeless person with bear spray.
A San Francisco attorney for a man who is homeless says he was defending himself when he beat a former fire commissioner. She points to newly-released surveillance video the day of the incident. Anna Werner reports.
The ban on city-funded travel to 30 states San Francisco says restrict abortion, voting and LGBTQ rights is being scrapped after the city determined it's doing more harm than good.
A herd of over 100 goats are using San Francisco as a pasture. The goats are eating the grass grown during an especially wet winter, minimizing the risks of wildfires in the summer, and teaching local students an important lesson about sustainability. John Blackstone reports.
The huge herd of goats is also providing an important educational lesson for California students.
Ride-hailing firm, still grappling with the effects of the pandemic, is planning its second round of layoffs in recent months.
The texts include frequent use of the terms "monkey" and "gorilla," and boast about beating up suspects and targeting Black people for traffic stops.
Heavy precipitation has led to an abundance of grass and other brush throughout San Francisco, but as the seasons change and the plants die, they become dangerously flammable. To help reduce the risk of fires, City Grazing has unleashed a herd of goats to graze throughout the city and help manage the fire risk. John Blackstone shares the group’s story.
In some cities, the milestone income falls way short of a six-figure lifestyle, a SmartAsset analysis shows.
Thousands of towns and cities across the country are suing opioid manufacturers and sellers for their role in the opioid crisis. Over a hundred thousand people died from a drug overdose in 2021, with about 16,000 of those cases involving prescription opioids. Jonathan Vigliotti reports from San Francisco, one of the cities involved in the lawsuit.
Lee was killed earlier this month in the Rincon Hill neighborhood of San Francisco.
San Francisco's police chief says 38-year-old Nima Momeni, who also owns a tech company, was arrested Thursday morning and booked on one charge of murder in the stabbing death of Cash App founder Bob Lee. Jonathan Vigliotti reports.
San Francisco Police Chief Bill Scott identified the suspect as Nima Momeni, 38, and said Momeni and Lee knew each other.
The parents in the car told responding officers their daughter was struck by gunfire.
The athlete was hit while riding his bike Tuesday afternoon around Presidio, a historic park south of the Golden Gate Bridge, authorities said.
San Francisco Police Chief Bill Scott said it was too early to tell if the attack was targeted or random.
Even though more than 50% of medical school students are women, there continues to be a gender gap in some of medicine's top specialties. A group of female physicians at a San Francisco hospital are hoping to change that. Norah O'Donnell has the story in "Eye on America."
Even though more than 50% of medical school students are women, a gender gap remains in top specialties.
Bob Lee, a tech executive who founded Cash App, was killed in a stabbing on a San Francisco street on Tuesday. No arrests have been made in the case. Carter Evans has details.
Lee, 43, was the chief product officer of San Francisco-based cryptocurrency startup MobileCoin. He also started Cash App and was a former chief technology officer of Square.
Ride-hailing services are preparing to ferry passengers around one of the most densely populated U.S. cities — without a driver.
"Heklina was an icon in the truest sense," said Calif. state Sen. Scott Wiener, lauding the artist as a "fiercely outspoken" advocate for LGBTQ rights.
The appearance was a rare face-to-face meeting between U.S. and Iranian officials as they launched a 60-day sprint to negotiate over the fate of Iran's nuclear program.
Most suspect Iran nuclear program not stopped and think conflict wasn't worth the costs.
British Prime Minister Keir Starmer is facing a crucial decision: step down or fight a leadership challenge from Labour Party rival Andy Burnham.
Democratic Rep. Jason Crow of Colorado said he's worried that "Americans are at risk" with Bill Pulte serving as the top intelligence chief.
An American Airlines passenger allegedly bit a fellow flyer and was "trying to fight everybody" on a Sunday flight, a pilot said.
As guaranteed in the 14th Amendment, citizenship is granted to "all persons born or naturalized in the United States." But an executive order signed by President Trump seeks to deny birthright citizenship to children born of parents in the country illegally or temporarily.
Temperatures are expected to reach 104 degrees Fahrenheit in some areas of France and Spain.
Trump has appeared during the Iran war to lose patience with Israeli Prime Minister Benjamin Netanyahu, who may now find himself "stuck."
President Trump claims the problems with the Reflecting Pool in Washington are due to vandalism.
Serena Williams recently returned to competition in doubles after nearly four years away from professional tennis.
On this "Face the Nation with Margaret Brennan" broadcast, U.N Ambassador Mike Waltz, Republican Sen. Lindsey Graham and Democratic Rep. Jason Crow join Margaret Brennan.
Democratic Rep. Jason Crow of Colorado said he's worried that "Americans are at risk" with Bill Pulte serving as the top intelligence chief.
An American Airlines passenger allegedly bit a fellow flyer and was "trying to fight everybody" on a Sunday flight, a pilot said.
GOP Sen. Lindsey Graham of South Carolina said he expects a diplomatic solution with Iran to fail, though he noted that he would "rather try diplomacy than take it off the table."
Most suspect Iran nuclear program not stopped and think conflict wasn't worth the costs.
The temporary discount applies to eligible federal Direct Loan borrowers who use automatic payments.
Kalshi has enlisted Lionel Messi and Timothée Chalamet as prediction markets compete to attract new users and cement their place in the mainstream.
Matthew Ankrum wanted to build wealth for his daughters and teach them about financial stability. A new book shares how.
Juneteenth will affect banking, mail service and financial markets, although retailers and restaurants are largely staying open.
On this "Face the Nation with Margaret Brennan" broadcast, U.N Ambassador Mike Waltz, Republican Sen. Lindsey Graham and Democratic Rep. Jason Crow join Margaret Brennan.
Democratic Rep. Jason Crow of Colorado said he's worried that "Americans are at risk" with Bill Pulte serving as the top intelligence chief.
U.S. Ambassador to the United Nations Mike Waltz said the Trump administration is "laser focused" on addressing Iran's nuclear program in an interview on "Face the Nation with Margaret Brennan."
The following is the transcript of the interview with Democratic Rep. Jason Crow of Colorado that aired on "Face the Nation with Margaret Brennan" on June 21, 2026.
The following is the transcript of the interview with Republican Sen. Lindsey Graham of South Carolina that aired on "Face the Nation with Margaret Brennan" on June 21, 2026.
Hosted by Lee Cowan. Featured: Birthright citizenship; the Theodore Roosevelt Presidential Library unveiled; Shooter Jennings releases recordings by his father, Waylon Jennings; comedian John Mulaney; childhood obesity; and the secrets of seahorses and seadragons.
In 1970, about 1 in 20 children were affected by obesity; today, it's 1 in 5. Dr. Jonathan LaPook looks at programs aimed at helping kids (and their families) get healthy the old-fashioned way, by eating right and exercising.
In 1970, about 1 in 20 children were affected by obesity; today, it's 1 in 5, with diet and exercise both key factors in the increase. CBS News chief medical correspondent Dr. Jonathan LaPook looks at programs aimed at helping kids get healthy the old-fashioned way, by eating right and exercising, while helping decrease the risk of problems tied to obesity later in life, such as diabetes, heart disease, and even cancer.
An app notification informed Joe Gillette that he had been diagnosed with aggressive, late-stage cancer.
Steve Hartman goes "On the Road" with a story of a teen battling for his life and the doctor who made him a promise.
U.S. Ambassador to the United Nations Mike Waltz said the Trump administration is "laser focused" on addressing Iran's nuclear program in an interview on "Face the Nation with Margaret Brennan."
The following is the transcript of the interview with Democratic Rep. Jason Crow of Colorado that aired on "Face the Nation with Margaret Brennan" on June 21, 2026.
The following is the transcript of the interview with Republican Sen. Lindsey Graham of South Carolina that aired on "Face the Nation with Margaret Brennan" on June 21, 2026.
The following is the transcript of the interview with Mike Waltz, U.S. ambassador to the United Nations, that aired on "Face the Nation with Margaret Brennan" on June 21, 2026.
British Prime Minister Keir Starmer is facing a crucial decision: step down or fight a leadership challenge from Labour Party rival Andy Burnham.
Hosted by Lee Cowan. Featured: Birthright citizenship; the Theodore Roosevelt Presidential Library unveiled; Shooter Jennings releases recordings by his father, Waylon Jennings; comedian John Mulaney; childhood obesity; and the secrets of seahorses and seadragons.
John Mulaney says he grew up feeling that comedy was his destiny. The Emmy Award-winning standup comedian and former "Saturday Night Live" writer talks with correspondent Tracy Smith about how he deals with sobriety today (and about a 2020 intervention which he describes as "star-studded"), and how fatherhood – along with his wife, actress Olivia Munn – has changed his outlook. (An earlier version of this story originally aired March 9, 2025.)
Édouard Manet, a towering figure of Impressionist art, was also a mentor to Berthe Morisot, a female painter who's remained largely in Manet's shadow, until now. The two, whose friendship led to changes in both of their artistic styles, are the subjects of an exhibition currently at the Cleveland Museum of Art. Correspondent Lee Cowan pays a visit.
"Sunday Morning" remembers some of the notable figures who left us this week, including famed TV sitcom director James Burrows, the co-creator of "Cheers."
Singer, musician, and Grammy-winning music producer Shooter Jennings is keeping alive the legacy of his late father, country star Waylon Jennings, by producing long-lost material that he found stashed away. Hear music from the upcoming album "Diamonds."
The recall follows multiple incidents in which Waymo robotaxis drove past ramp-closure signs and into freeway construction zones.
A Pew survey shows 40% of Americans think AI's future impact will be negative. MIT Sloan professor Eric So joins CBS News with more details.
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.
On this edition of CBS Mornings 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.
When parents and educators in Greystones, Ireland saw children dealing with increasing anxiety, they acted – and took phones out of the equation.
Hosted by Lee Cowan. Featured: Birthright citizenship; the Theodore Roosevelt Presidential Library unveiled; Shooter Jennings releases recordings by his father, Waylon Jennings; comedian John Mulaney; childhood obesity; and the secrets of seahorses and seadragons.
Seahorses are unique ocean inhabitants with a head like a horse, a pouch like a kangaroo, a tail like a monkey, and the ability to camouflage themselves like a chameleon. They also exhibit an unconventional gender dynamic, in that the males do the work of carrying around fertilized eggs. Correspondent Conor Knighton goes in search of these fascinating fish – and their equally fascinating cousins, seadragons – at the Birch Aquarium at the Scripps Institution of Oceanography in California.
The Defense Department released a third batch of UFO files on Friday, three weeks after its second drop. These are all of the videos in the latest tranche, plus analysis from astrophysicist Avi Loeb.
The goblin shark had only previously been seen when caught by fishermen and they died shortly afterward.
The researchers saw many strange animals — many believed to be new to science — living off the whale carcasses.
David Pearce was convicted of first-degree murder for the deaths of Christy Giles and Hilda Marcela Cabrales after a night of partying in Los Angeles. He was also found guilty of raping seven other women who came forward to testify at his trial.
John Alite, 63, was once the top enforcer for the Gotti crime family and a longtime member of the Gambino family.
Lawyers for Luigi Mangione have withdrawn their plan to pursue a psychiatric defense in his New York state murder trial over the killing of UnitedHealthcare CEO Brian Thompson. CBS News legal contributor Jessica Levinson breaks down the decision.
Actress Emaa Hussen, who played alongside Jason Statham in "Redemption," is accused of trying to smuggle 700 pounds of methamphetamine into Australia.
A CBS News analysis of the released Epstein files shows what documents appear to be absent. CBS News' Vlad Duthiers has more on the search for answers surrounding the case against convicted sex offender Jeffrey Epstein.
The "Pink Planet," formally known as GJ504b, was discovered in 2013 and is technically not a planet but rather a "planetary-mass companion."
NASA's Jared Isaacman says the crew was selected solely based on their experience, expertise and availability for flight assignment.
NASA's Artemis III astronauts plan to carry out rendezvous and docking procedures with commercial moon landers being built by SpaceX and Blue Origin.
Out of an abundance of caution, NASA briefly directed five of the seven crew members aboard the International Space Station to wait inside the docked SpaceX Crew Dragon "Freedom" spacecraft.
Three solar flares burst from the sun this week, raising the chances of seeing the northern lights for people across the United States.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
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.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Hosted by Lee Cowan. Featured: Birthright citizenship; the Theodore Roosevelt Presidential Library unveiled; Shooter Jennings releases recordings by his father, Waylon Jennings; comedian John Mulaney; childhood obesity; and the secrets of seahorses and seadragons.
This week on "Face the Nation with Margaret Brennan," as the U.S. and Iran launch delicate diplomatic talks, U.N. Ambassador Mike Waltz joins, along with GOP Sen. Lindsey Graham and Democratic Rep. Jason Crow.
Missed the second half of the show? Democratic Rep. Jason Crow discusses national security, and Kevin Book and Amos Hochstein break down the U.S.-Iran deal's impact on energy. Plus, CBS News' Anthony Salvanto discusses new polling on the Iran war.
On "Face the Nation with Margaret Brennan," energy analyst Kevin Book says it could take "a while" for gas prices to return to pre-Iran war levels, pointing to uncertainty and depleted oil reserves. And Biden-era adviser Amos Hochstein discusses how the U.S.-Iran deal could impact Iranian oil revenue.
CBS News Executive Director of Elections and Surveys Anthony Salvanto breaks down new polling on the Iran war, which most Americans wanted to end but few believe was worth the cost, on "Face the Nation with Margaret Brennan."