Cryptoexchange founder accused of $2 billion investment fraud
Regulators said BitConnect execs pocketed funds after promising investors they could earn returns of 40% per month.
Securities and Exchange Commission
Bitcoin bubble?
Bitcoin's meteoric rise has prompted both wild speculation and words of caution. In recent weeks, the price of the cryptocurrency has fluctuated wildly, leaving investors and regulators wondering about the future of the digital currency. Lido Isle Advisors' Managing Partner Jason Rotman joins CBSN to discuss this burgeoning market.
Biden's SEC pick calls out apps that treat trading like gaming
"Things can go very wrong" when financial markets don't adapt to new technologies, SEC nominee Gary Gensler tells lawmakers.
Reddit users drive up value of GameStop stock
Thanks to a group on Reddit with millions of followers, individual investors have sent the value of GameStop's stock soaring this week, shocking Wall Street investors who bet big on the retailer's decline. The Securities and Exchange Commission and the White House both said they are monitoring the situation. CBS MoneyWatch's Stephen Gandel and CBSN technology reporter Dan Patterson join CBSN AM to break down what this all means.
Biden names key financial nominees
President-elect Joe Biden has nominated Rohit Chopra to oversee the Consumer Financial Protection Board and Gary Gensler to run the Securities and Exchange Commission. CBSN's Tanya Rivero has the details.
Robinhood Financial fined $65 million for misleading users
The online brokerage did not explain to its millions of users how it really makes money off their trades, regulators said.
Jay Clayton stepping down as head of SEC by year's end
Leaving post as top financial regulator at year's end. New chair expected to be named by President-elect Joe Biden.
SEC reportedly zooms in on Kodak loan disclosure
Stock surge followed by announcement of lucrative pharma deal reportedly prompts SEC investigation into inside trading
SEC urged to investigate coronavirus vaccine maker
Accountable.US told the agency that Moderna executives "exploited coronavirus fears" to boost their own stock wealth.
Steven Seagal charged with illegally touting cryptocurrency
Securities regulators says the movie actor failed to disclose payments for pitching a digital coin offering.
Former stockbroker, fired five times, on trial for fraud
Anthony Diaz "totally bilked" widows and others, a lawyer for investors claims. Diaz says he's not guilty of fraud.
Nissan's Ghosn settles charges he hid $140 million in pay
Federal regulators said the Nissan board in 2004 put the CEO in charge of executive compensation -- including his own
WeWork filed its IPO — now meet its We Double
A Wyoming company with a Chinese address and $441 in the bank seems poised to benefit from WeWork's buzzy IPO
Hip office startup WeWork losing 94 cents a minute per member
The office-sharing company's losses per customer are far bigger than Uber's — that could hurt its initial public offering.
Companies warn investors of new risk: mass shootings
With more mass shootings than days this year in the U.S., public companies are now citing the threat to their earnings
KPMG fined $50M for cheating, SEC calls misconduct "astonishing"
Accounting firm admits it broke audit board rule mandating it carry out its professional duties with integrity
Elon Musk, Screen Time, Ryan Speedo Green
Elon Musk opens up to Lesley Stahl about Twitter, pot, the Securities and Exchange Commission, Model 3 and Tesla; then, a groundbreaking study examines effects of screen time on kids; and, Ryan Speedo Green: From juvenile delinquency to opera stardom
Elon Musk and SEC reach new agreement over Twitter use
If deal terms are approved by federal judge, the Tesla CEO will need legal counsel's OK for future public statements
Judge urges Elon Musk & SEC to settle dispute
A New York judge has urged the U.S. Securities and Exchange Commission and Tesla CEO Elon Musk to settle a dispute over what he may disclose in his tweets.
Elon Musk should be fined, SEC says
Tesla founder faced court hearing on whether he breached a securities fraud settlement with the agency
SEC says Elon Musk contempt defense for tweeting is nearly "ridiculous"
Securities regulators argue in a filing that Musk brazenly disregarded a federal judge's court order
SEC says Volkswagen and CEO lied to investors
Carmaker issued $13 billion in bonds while execs knew 500,000 vehicles here violated emission limits, U.S. alleges
Lumber Liquidators to pay $33 million for misleading investors
Retailer denied claims by "60 Minutes" about formaldehyde in its flooring, then withheld info backing CBS report, SEC says
Elon Musk steps up his Twitter attacks on SEC
Court asks Tesla CEO why he should not be held in contempt after he tweets: "Something is broken with SEC oversight"
SEC seeks contempt charges against Tesla CEO Elon Musk
The request resurrects a dispute between the SEC and Musk that was supposed to have been resolved with a settlement reached five months ago
Exclusive
New photos show widespread damage at U.S. positions caused by Iranian attacks
The images were sent to CBS News by active service members under condition of anonymity.
Patel defends lowering hiring standards related to prostitution, bestiality
Tuesday's hearing marked the first time that Patel has publicly addressed the new hiring standards related to prostitution, employment theft and bestiality.
Live
White House backs Hegseth as new details come out about Iran war's cost
The Iran war has cost the U.S. military at least $33.4 billion — most of it on munitions — and not including hundreds of millions more spent by other agencies, the Pentagon says.
Exclusive
Family blames Texas' "merciless" abortion ban for woman's death, sues Paxton, others
The family of 37-year-old Tierra Walker filed a lawsuit against Texas Attorney General Ken Paxton and others, saying she was denied an abortion that could have saved her life.
Board votes to close Kennedy Center immediately for renovations, source says
Earlier Tuesday, a federal judge again blocked the board from adding President Trump's name to the facade of the building.
Trump admin. will comply with mail ballot ruling by Supreme Court, Blanche says
The Supreme Court on Monday blocked the Postal Service from enforcing new mail voting rules ahead of the midterm elections.
FBI investigation thwarts "mass casualty attack" from man accused of ISIS allegiance
Federal officials said Jonathan Kramer had armed himself to carry out a mass casualty attack against the American people.
Americans' incomes hit a record high in 2025. Now for the bad news.
The typical U.S. household's annual earnings have risen only 2.5% since 2019, new data from the Census Bureau shows.
Delaware holds U.S. Senate primary, and more races to watch today
Delaware Sen. Chris Coons is seeking the Democratic nomination for a third full term.
U.S.
More U.S.
Ross Fire still burning, with over 90,000 acres scorched
The wildfire, which has torn through Palo Pinto and Jack counties, forced evacuations, closed roads and disrupted schools.
Exclusive
Family blames Texas' "merciless" abortion ban for woman's death, sues Paxton, others
The family of 37-year-old Tierra Walker filed a lawsuit against Texas Attorney General Ken Paxton and others, saying she was denied an abortion that could have saved her life.
Ed Sheeran's supporting acts pull out of tour after Macklemore was dropped
Aaron Rowe, Beoga, Lukas Graham and Finneas all released statements Tuesday on Instagram saying they were withdrawing from Ed Sheeran's tour.
Trump admin. will comply with mail ballot ruling by Supreme Court, Blanche says
The Supreme Court on Monday blocked the Postal Service from enforcing new mail voting rules ahead of the midterm elections.
House panel recommends holding Leon Black in contempt in Epstein probe
The billionaire investor defied subpoenas to testify to the committee and produce nondisclosure agreements.
MoneyWatch
More MoneyWatch
Own a car? You're getting socked by higher prices, and not only for gas
Car ownership costs have soared 50% since 2020, according to new economic data. Here's where motorists are getting dinged.
OpenAI backs measure that would require independent audits of AI models
Top OpenAI executive endorses plan that would require AI companies to submit their technology to third-party reviews to assess their safety.
Americans' incomes hit a record high in 2025. Now for the bad news.
The typical U.S. household's annual earnings have risen only 2.5% since 2019, new data from the Census Bureau shows.
Fed rate hike expected on Wednesday. See what it means for your money.
The Federal Reserve is likely to raise borrowing costs on Wednesday, and more hikes could be in store, according to economists.
Your home heating oil bill is likely to jump this winter. Here's why.
Millions of homeowners will face higher heating costs this winter because of surging global oil prices, according to a new forecast.
Politics
More Politics
Exclusive
Family blames Texas' "merciless" abortion ban for woman's death, sues Paxton, others
The family of 37-year-old Tierra Walker filed a lawsuit against Texas Attorney General Ken Paxton and others, saying she was denied an abortion that could have saved her life.
Trump admin. will comply with mail ballot ruling by Supreme Court, Blanche says
The Supreme Court on Monday blocked the Postal Service from enforcing new mail voting rules ahead of the midterm elections.
Massie introduces impeachment articles against Hegseth over Iran war
Rep. Thomas Massie accused Defense Secretary Pete Hegseth of defying Congress with the Iran war, suppressing free speech and other offenses.
House panel recommends holding Leon Black in contempt in Epstein probe
The billionaire investor defied subpoenas to testify to the committee and produce nondisclosure agreements.
Exclusive
New photos show widespread damage at U.S. positions caused by Iranian attacks
The images were sent to CBS News by active service members under condition of anonymity.
HealthWatch
More HealthWatch
Outcome of employment lawsuit could promote use of skimpy health plans
A long-running lawsuit challenging what it means to be an employee and therefore have access to work-based health plans is being closely watched by health policy analysts.
Pennsylvania woman dies of measles complications, coroner reports
A 40-year-old woman died on Saturday from complications associated with measles, the coroner reported.
Strange symptom and a "weird" referral led to surprise Stage 4 cancer diagnosis
Kate Ping thought she was just stressed out. A nurse practitioner's surprising recommendation led to a shocking diagnosis.
Trump admin. to send $500 checks to nearly 1 million ACA enrollees
Affordable Care Act recipients in 30 states are set to receive the $500 checks starting in October. Here's why.
Record-setting cyclospora outbreak is over, U.S. health officials say
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.
World
More World
Exclusive
New photos show widespread damage at U.S. positions caused by Iranian attacks
The images were sent to CBS News by active service members under condition of anonymity.
Iran war could cost $2 billion per month, Congressional Budget Office estimates
The Congressional Budget Office estimated the war between Feb. 28 and Aug. 1 has directly cost the U.S. about $38 billion.
Exclusive
Ukrainian president tells CBS News Russia targeted his plane with drones
Ukraine's Volodymyr Zelenskyy says Russia targeted his plane with drones as part of a campaign to intimidate him and other foreign leaders.
7 women found dead in South Africa, sparking fears of serial killer
Authorities say the cases appear to be linked, although they did not confirm whether they are the work of the same killer.
2 U.S. government workers accidentally shot by soldiers in Africa
The U.S. personnel were shot during an anti-smuggling operation in a rural region in the northeast of the country, Eswatini's government said.
Entertainment
More Entertainment
Entertainment
Ed Sheeran breaks silence amid controversy
The rapper Macklemore was bumped from Ed Sheeran's U.S. concert tour for pro-Palestinian comments that some say crossed a line into prejudice. Now, four additional supporting acts have quit in solidarity and the headliner has addressed the controversy. Carter Evans reports.
Ed Sheeran's supporting acts pull out of tour after Macklemore was dropped
Aaron Rowe, Beoga, Lukas Graham and Finneas all released statements Tuesday on Instagram saying they were withdrawing from Ed Sheeran's tour.
Food & Wine unveils list of "Best New Chefs"
Food & Wine reveals its list of "Best New Chefs" this week. One of those talents is Masako Morishita of Perry's Restaurant in Washington, D.C., who joins to discuss her career move from NFL cheerleader to D.C. food icon and share one of her favorite recipes.
Elin Hilderbrand and daughter on latest book
Elin Hilderbrand, who wrote hit summer reads like "The Perfect Couple" and "28 Summers," joins "CBS Mornings" with her daughter Shelby Cunningham to discuss the latest book in their co-written The Academy Series, titled "The Thoroughbreds."
Remembering Bob Mackie's most iconic looks
Bob Mackie, who bedazzled stars like Cher, Carol Burnett and Marilyn Monroe, died at 87. "CBS Mornings" looks back at some of his legendary looks.
Technology
More Technology
OpenAI backs measure that would require independent audits of AI models
Top OpenAI executive endorses plan that would require AI companies to submit their technology to third-party reviews to assess their safety.
Sanders says potential danger of AI is "probably greater" than nuclear weapons
Sen. Bernie Sanders is one of the most vocal opponents in Congress on rapid AI development, but bipartisan concerns are growing.
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.
Speaker Johnson on Trump's AI comments
President Trump took aim at criticism of AI development, calling the warnings a "hoax." House Speaker Mike Johnson shared his thoughts on Mr. Trump's comments.
Trump lauds AI amid dire warnings
President Trump called Nvidia CEO Jensen Huang during an industry summit, saying that data centers "make people wealthy" and dismissing AI development concerns as a "hoax." CBS News' Jo Ling Kent has more on what you should know.
Science
More Science
Anthropic CEO says "exponential" growth of AI is a "warning sign"
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.
First-ever adult T. rex trackway found in North Dakota
Paleontologists have identified the first known trackway made by a full-grown Tyrannosaurus rex, and the discovery was made in the North Dakota badlands.
Ig Nobel prizes go to scientists studying cockroach milk, nose-blowing, more
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.
Vote on the fattest marmot now
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 plans to launch new space telescope
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.
Crime
More Crime
Crime
Stolen Tesla barrels down boardwalk
A man racing a stolen Tesla down a crowded boardwalk hit a woman, setting off a wild chase involving lots of witnesses, including one recording it all on a pair of smart glasses. Jonah Kaplan reports.
FBI foils ISIS-inspired plot in Pennsylvania
The FBI said it thwarted a "mass casualty attack," inspired by ISIS, allegedly by a 21-year-old man in Pennsylvania. Agents allegedly tracked the young man to a hotel where they arrested him. It's the second ISIS-related plot to surface since August. Nicole Sganga reports.
FBI: Pennsylvania man was planning ISIS attack
A 21-year-old Pennsylvania man planned to carry out an ISIS-inspired "mass casualty attack" before being thwarted by the FBI, federal law enforcement officials say. CBS News' Anna Schecter has more.
7 women found dead in South Africa, sparking fears of serial killer
Authorities say the cases appear to be linked, although they did not confirm whether they are the work of the same killer.
FBI investigation thwarts "mass casualty attack" from man accused of ISIS allegiance
Federal officials said Jonathan Kramer had armed himself to carry out a mass casualty attack against the American people.
Space
More Space
NASA launches its Roman Space Telescope to explore the hidden universe
NASA's Roman Space Telescope launched shortly after daybreak from Kennedy Space Center and blazed toward an observation point 1 million miles away.
Roman Space Telescope promises 300-megapixel views of the cosmos
The $4.3 billion telescope is expected to discover tens of thousands of exoplanets while probing the nature of mysterious dark matter and energy.
First on CBS
Trump to honor Artemis II crew with nation's top space medal
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.
NASA's Swift telescope will plunge toward Earth after rescue mission called off
The mission to save NASA's sinking space telescope has been called off, dooming the telescope to a fiery reentry later this year.
NASA images show 60-foot-wide crater on moon after SpaceX rocket booster crash
A NASA spacecraft circling the moon is providing the sharpest views yet of the crater carved by a crashing SpaceX rocket.
Latest Galleries
More Latest Galleries
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.
Dolly Parton: An extraordinary life in pictures
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.
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.
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.
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.
Latest CBS News Videos
More Latest CBS News Videos
Latest CBS News Videos
Zelenskyy says Russia tried to kill him twice
President Volodymyr Zelenskyy sat down for an exclusive interview with CBS News' Aiden Stretch about what he said were recent Russian plots to assassinate him. Zelenskyy also discussed President Trump's new demand that Ukraine stop attacking Russian energy targets to help gas prices in the U.S.
Ed Sheeran breaks silence amid controversy
The rapper Macklemore was bumped from Ed Sheeran's U.S. concert tour for pro-Palestinian comments that some say crossed a line into prejudice. Now, four additional supporting acts have quit in solidarity and the headliner has addressed the controversy. Carter Evans reports.
Key moments from Kash Patel's Senate hearing
FBI Director Kash Patel testified before the Senate Judiciary Committee on Tuesday, defending his lowering of hiring standards and saying the bureau had no plans to seize election-related materials. CBS News' Jake Rosen has more.
Stolen Tesla barrels down boardwalk
A man racing a stolen Tesla down a crowded boardwalk hit a woman, setting off a wild chase involving lots of witnesses, including one recording it all on a pair of smart glasses. Jonah Kaplan reports.
FBI foils ISIS-inspired plot in Pennsylvania
The FBI said it thwarted a "mass casualty attack," inspired by ISIS, allegedly by a 21-year-old man in Pennsylvania. Agents allegedly tracked the young man to a hotel where they arrested him. It's the second ISIS-related plot to surface since August. Nicole Sganga reports.