CTA may require business owners to register with FinCEN before Jan. 13
The Corporate Transparency Act, or CTA, requires some businesses to register with FINCEN next month, or face fines. Here's what to know.
United States Department of the Treasury
"High-level" cocaine trafficker targeted by U.S. is arrested in Dubai
Othman El Ballouti, who was sanctioned by the U.S. last year, was held over an international arrest warrant issued by Belgian authorities.
What does financial success look like?
According to a new survey from financial service company Empower, Gen Z Americans believe it takes a salary of $588,000 to be considered financially successful. That's more than double the figure from other generations. CBS News MoneyWatch correspondent Kelly O'Grady joins to unpack the findings.
Trump selects Scott Bessent for Treasury secretary
Scott Bessent, the founder of the Connecticut-based hedge fund Key Square Group, had been making a full-court press for the post.
Trump selects several new Cabinet positions
President-elect Donald Trump selected hedge fund CEO Scott Bessent as treasury secretary, Oregon Rep. Lori Chavez-DeRemer as labor secretary, former Office of Management and Budget Director Russell Vought to the same role, and Dr. Janette Nesheiwat as surgeon general. CBS News reporter Jake Rosen has more on the picks.
Who is Scott Bessent? What to know about Trump's Treasury secretary pick.
If confirmed, Bessent would runn the department that manages the nation's finances as well as its tax agency, the Internal Revenue Service.
U.S. accuses man dubbed "The Tank" of leading cartel fuel theft ring
The U.S. says Ivan Cazarin Molina answers directly to Jalisco cartel leader "El Mencho" who has a $10 million bounty on his head.
IRS has recovered $1.3 billion in unpaid taxes from rich Americans
The IRS said funding from the Inflation Reduction Act has helped it go after wealthy taxpayers who failed to pay their tax bills.
Cartel-linked firms sanctioned for timeshare scams targeting Americans
The Jalisco New Generation drug cartel has reportedly killed call center workers who try to quit.
U.S. sanctions powerful Ecuador crime gang Los Lobos and leader "Pipo"
The U.S. has sanctioned Los Lobos, an Ecuadorian crime gang that officials say is behind much of the violence shaking the country.
U.S. working to counter cheap Chinese exports
U.S. officials, from the president to the Treasury secretary, are accusing China of pushing cheap goods. Mark Wu, professor of law at Harvard University, joins CBS News to examine how low-priced Chinese products could impact American businesses, workers and the global economy.
Secretary Yellen meets with Chinese Premier Li in Beijing
Treasury Secretary Janet Yellen and Chinese Premier Li Qiang sounded a hopeful note on bilateral relations at the start of their Sunday meeting in Beijing.
Janet Yellen discusses inflation, U.S. economy
Treasury Secretary Janet Yellen sat down with Jo Ling Kent in the battleground state of Michigan for an exclusive interview about the concerns many Americans continue to have about high prices. This comes after inflation rose again in January at a higher rate than expected.
U.S. Mint issues commemorative coins celebrating Harriet Tubman
A limited series of three coins features designs depicting different eras in the life of famed abolitionist and social activist Harriet Tubman.
What to look for at Biden-Xi talks next week
There are new signs of diplomacy with China. Treasury Secretary Janet Yellen met with her Chinese counterpart -- one week before President Biden meets with Chinese President Xi Jinping. William Reinsch, senior adviser at the Center for Strategic and International Studies, joins CBS News to discuss what could come out of the talks.
Are I-bonds a good investment now? Here's what to know.
The interest rate on Series I savings bonds now tops 5%, although as investments they're not right for everyone.
White House blames GOP for credit downgrade
Fitch Ratings downgraded the U.S. government's top credit rating on Tuesday. The White House in a statement said they disagreed with the decision and blamed Republicans, who they say were "cheerleading default." CBS News senior White House correspondent Weijia Jiang reports.
Here's what the Fitch downgrade of U.S. debt means for you
The nation's mounting government debt and eroding political stability is suddenly front and center. Should investors worry?
Yellen tells China U.S. "troubled by punitive actions" against business
Janet Yellen, in Beijing to meet Chinese officials and American businesses, stressed the U.S. desire to trade, but not at the expense of security.
U.S. to limit China's access to cloud services
The Biden administration is moving to restrict Chinese companies from accessing U.S. cloud-computing services ahead of Treasury Secretary Janet Yellen's trip to Beijing. Earlier this week, China imposed restrictions on the exports of two minerals used in advanced chip manufacturing. Robert Ross, non-resident fellow at the Quincy Institute, joins CBS News to discuss what the U.S. stands to gain from Yellen's visit.
How Yellen's China trip may impact U.S. ties
Treasury Secretary Janet Yellen will visit China on Thursday as part of an ongoing push from the U.S. to try and stabilize relations with Beijing. Yellen will meet with senior Chinese officials and leaders of U.S. companies operating in China. CBS News reporter Sarah Ewall-Wice joins to discuss the main priorities of Secretary Yellen's visit.
Estimated debt limit deadline moved to June 5
Treasury Secretary Janet Yellen announced Friday that the estimated deadline that the government could begin to default on its debts has been pushed back from June 1 to June 5, giving negotiators an extra four days to reach a deal on raising the nation's debt ceiling. House Speaker Kevin McCarthy has expressed optimism that it will get done in time. CBS News congressional correspondent Scott MacFarlane has the latest.
What happens to Social Security if the U.S. breaches the debt ceiling?
Millions of Social Security recipients "need to be very careful" about spending because payments could be delayed, one expert said.
Yellen: U.S. default would be a "catastrophe"
The treasury secretary also told G-7 finance ministers and central bank chiefs meeting in Japan that a first-ever U.S. default on its debts is "unthinkable."
Why the U.S. debt ceiling is unique
As Congress and the White House face down a deadline to raise the debt ceiling, the U.S. moves closer to a possible default. CBS News' Errol Barnett has a look at why the U.S. handles its debt differently than any other nation.
HHS freezes all child care payments to Minnesota after viral fraud allegations
The Department of Health and Human Services says it has frozen federal child care funding for the state of Minnesota, citing viral fraud allegations.
Tatiana Schlossberg, granddaughter of JFK, dies at 35
Tatiana Schlossberg, the granddaughter of late President John F. Kennedy, has died after announcing a terminal cancer diagnosis in late November.
Court order suggests officials pushed to prosecute Abrego Garcia after deportation
A court order suggests the Trump administration pushed to prosecute Kilmar Abrego Garcia only after he challenged his deportation, with one top DOJ official calling it a "top priority."
Flu cases spiking this holiday season, CDC data shows
The Centers for Disease Control and Prevention says 32 jurisdictions are showing "high" or "very high" levels of flu.
Trump issues his first vetoes of this term
President Trump used his veto power this week for the first time since returning to the White House, rejecting a pair of bills linked to a Colorado water pipeline and a tribal village in the Everglades.
Body found amid search for missing Texas teen Camila Mendoza Olmos
The body has not yet been identified, Texas officials said at a Tuesday news conference.
Ben Nighthorse Campbell, former senator and Northern Cheyenne tribe member, dies at 92
Former Sen. Ben Nighthorse Campbell, a Northern Cheyenne tribal chief who became a prominent American politician, has died.
Patriots receiver Stefon Diggs denies charges of strangulation, assault and battery
Stefon Diggs, a star wide receiver with the New England Patriots, is facing criminal charges after an incident in Massachusetts earlier this month.
1 killed, dozens injured in head-on train collision near Peru's Machu Picchu
The head-on collision occurred between two trains on the line that services the historic Peruvian site Machu Picchu.
U.S.
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Is anything open on New Year's Eve 2025? See which stores are operating.
Most major retailers and grocery stores will be open on New Year's Eve, although some will have reduced hours.
Isiah Whitlock Jr., actor known for his roles in "The Wire" and "Veep," dies at 71
Isiah Whitlock Jr. is perhaps best known for his role as state Sen. R. Clayton "Clay" Davis on HBO's "The Wire."
Body found amid search for missing Texas teen Camila Mendoza Olmos
The body has not yet been identified, Texas officials said at a Tuesday news conference.
Black bear living underneath Altadena house shows no sign of budging
The 550-pound black bear has taken up residence in the crawlspace underneath Ken Johnson's home in California for a month.
Fed meeting minutes reveal deep splits on December rate cut decision
The minutes released Tuesday indicate that some Fed officials who supported the rate cut had reservations.
MoneyWatch
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Is anything open on New Year's Eve 2025? See which stores are operating.
Most major retailers and grocery stores will be open on New Year's Eve, although some will have reduced hours.
Fed meeting minutes reveal deep splits on December rate cut decision
The minutes released Tuesday indicate that some Fed officials who supported the rate cut had reservations.
Silver is rebounding after its worst trading day in four years
Silver prices have more than doubled in 2025, outpacing this year's surge in gold prices, as investors seek safe haven investments.
Judge blocks White House from defunding CFPB as its funds were about to run out
A federal judge has ruled that the White House cannot stop funding the Consumer Financial Protection Bureau.
Ground beef recalled in 6 states over possible E. coli contamination
The recalled ground beef was sold to distributors in California, Colorado, Idaho, Montana, Pennsylvania and Washington.
Politics
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Former Republican Sen. Jon Kyl of Arizona says he has dementia
Former Republican U.S. Sen. Jon Kyl of Arizona announced his withdrawal from public life following a dementia diagnosis.
Democratic win in Iowa special election denies GOP a Legislature supermajority
Democrat Renee Hardman was elected to the Iowa state Senate in a year-end special election, keeping Republicans from reclaiming two-thirds control of the chamber and Legislature.
Trump issues his first vetoes of this term
President Trump used his veto power this week for the first time since returning to the White House, rejecting a pair of bills linked to a Colorado water pipeline and a tribal village in the Everglades.
Ben Nighthorse Campbell, former U.S. senator and Native American, dies at 92
Former Sen. Ben Nighthorse Campbell, a Northern Cheyenne tribal chief who became a prominent American politician, has died.
HHS freezes all child care payments to Minnesota after viral fraud allegations
The Department of Health and Human Services said Tuesday it has frozen federal child care funding for the state of Minnesota, citing viral fraud allegations.
HealthWatch
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Flu cases spiking this holiday season, CDC data shows
The Centers for Disease Control and Prevention says 32 jurisdictions are showing "high" or "very high" levels of flu.
New California tortilla law aims to decrease birth defects in Latino babies
Mom-and-pop shops will be exempt from this change, but big manufacturers in California will need to start adding folic acid to tortillas beginning January 1.
Advances in treatment for Alzheimer's disease
The number of Americans with Alzheimer's disease is expected to double from 7 million in 2020 to 14 million by 2060, according to the CDC. However, advances in treatment options are giving more people hope in slowing the decline. Dr. Jon LaPook breaks it down.
Flu cases skyrocket across the U.S
Nearly five million flu cases have been reported nationwide, the CDC estimates, and at least 1,900 people have died from the virus. "CBS Saturday Morning" has more on why this year's strain is breaking records.
Baby defies all odds after growing outside his mom's womb
Suze Lopez, a 41-year-old nurse who lives in Bakersfield, California, didn't know she was pregnant with her second child until days before giving birth.
World
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1 killed, dozens injured in head-on train collision near Peru's Machu Picchu
The head-on collision occurred between two trains on the line that services the historic Peruvian site Machu Picchu.
Spanish woman known for botched fresco restoration dies at 94
Cecilia Giménez's botched restoration of a century-old painting of Jesus Christ captured global headlines more than a decade ago.
Cable car accident leaves 4 hurt, 100 stranded on mountain for hours
Four people were injured and around 100 stranded visitors had to be rescued by helicopter after a cable car accident in northern Italy, officials said.
No sign of "broader terrorist cell" behind Bondi Beach attack, police say
Australian police say there's no evidence the Sydney father and son suspects in the attack on a Jewish holiday event got training or instruction in the Philippines.
Police compare Germany bank vault robbery to an "Ocean's Eleven" heist
Thieves apparently spent much of the weekend plundering deposit boxes inside a German bank vault after tunneling through from a parking garage.
Entertainment
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Isiah Whitlock Jr., actor known for his roles in "The Wire" and "Veep," dies at 71
Isiah Whitlock Jr. is perhaps best known for his role as state Sen. R. Clayton "Clay" Davis on HBO's "The Wire."
George Clooney, his wife and their twins granted French citizenship
France's government says that George Clooney, his wife Amal and their eight-year-old twins Ella and Alexander have been awarded French citizenship.
Beyoncé is now a billionaire, according to Forbes
The Grammy-winning artist Beyoncé became the fifth musician to achieve the wealth milestone, Forbes said Monday.
Actor accusing Tyler Perry exchanged texts with him years after alleged assault
Actor Mario Rodriguez alleged in the lawsuit filed last week in California that Tyler Perry sexually assaulted him during encounters between 2014 and 2019.
French split over Brigitte Bardot tribute due to her far right views
French politicians were divided on Monday over how to pay tribute to the late Brigitte Bardot who, despite her screen legend, courted controversy in later life with her far-right views.
Technology
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OpenAI hiring for head safety executive to mitigate AI risks
The company's investment in safety prevention comes amid growing concerns over the potential harm of artificial intelligence.
Instacart ending AI price tests for retailers
Instacart says its ending its controversial system of using AI price tests for retailers. Earlier this month, an investigation by Consumer Reports and progressive think tank Groundwork Collaborative found that Instacart's algorithmic pricing charged various prices for the same item from the same store. Jo Ling Kent reports.
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.
Tech companies push for data centers
Massive tech companies wanting to build more data centers in the U.S. are lobbying for support among Americans, according to a recent report by POLITICO. Gabby Miller joins CBS News with more on her reporting.
Top tech gadgets of 2025
Timothy Werth, a tech editor at Mashable, joins "CBS News 24/7" to discuss the best gadgets of 2025.
Science
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2025 was so hot it pushed Earth past critical climate change mark
2025 was the third hottest year on record and pushed Earth past a critical climate change mark, scientists say.
Major climate research center on Trump administration chopping block
The Trump administration intends to dismantle one of the world's leading climate research institutions, in Boulder, Colorado, over what it said were concerns about "climate alarmism."
Researchers capture video of rare polar bear adoption
The footage of a bear caring for an adopted cub was captured during the annual polar bear migration along the Western Hudson Bay in Churchill, Manitoba.
Dinosaur tracks showing "herds moving in synchrony" found in Italy
Most of the footprints are elongated and made by bipeds. The best-preserved ones bear traces of at least four toes.
Interstellar comet is making its closest approach to Earth
NASA continues to aim its space telescopes at the visiting ice ball, estimated to be up to 3.5 miles in size.
Crime
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Crime
D.C. bomb suspect to stay detained for now
The man accused of planting pipe bombs in Washington, D.C., the night before Jan. 6, 2021, will remain in custody for now. CBS News justice correspondent Scott MacFarlane has the details.
DHS probes fraud at MN day care centers
The Department of Homeland Security is investigating after conservative YouTuber Nick Shirley posted a video that has gone viral, alleging potential fraud at a dozen day care centers in Minnesota. Jonah Kaplan reports.
Latest on proceedings against Tyler Robinson
A Utah judge ordered the release of a transcript from a closed-door hearing in the case against Tyler Robinson, who is accused of murdering Republican political influencer Charlie Kirk. CBS News' Scott MacFarlane reports.
Patriots receiver Stefon Diggs charged with strangulation, assault and battery
Stefon Diggs, a star wide receiver with the New England Patriots, is facing criminal charges after an incident in Massachusetts earlier this month.
Police compare Germany bank vault robbery to an "Ocean's Eleven" heist
Thieves apparently spent much of the weekend plundering deposit boxes inside a German bank vault after tunneling through from a parking garage.
Space
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Space
NASA's search for next lunar rover
NASA astronauts took their first drive on the moon 54 years ago. Now, three companies are competing for a NASA contract to build a new lunar rover for use starting with the Artemis 5 mission in 2030. Kris Van Cleave reports.
Artemis 2 astronauts rehearse countdown for upcoming moon launch
NASA is gearing up to send four Artemis astronauts on looping test flight around the moon in 2026.
Woman is first wheelchair user launched into space
A German aerospace engineer made history Saturday, becoming the first wheelchair user to go into space when she took a 10-minute trip aboard a Blue Origin rocket.
Blue Origin safely launches wheelchair user to space and back
German engineer Michaela Benthaus is the first person with a significant physical handicap to reach space.
Jared Isaacman, billionaire who's flown with SpaceX, confirmed to lead NASA
President Trump withdrew Isaacman's nomination for NASA administrator in April, before nominating him again in November.
Latest Galleries
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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.
Evidence in the Barbara Kendhammer case
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
The life & near death of prizefighter Christy Salters-Martin
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
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
We asked people to reflect on 2025
As 2025 comes to a close, Jericka Duncan asks people to reflect on the past year and look toward the next.
550-pound bear refuses to leave man's crawl space
A massive black bear has been living beneath a home in Altadena, California, for the past month. As Carter Evans reports, the problem has become unbearable.
HHS freezes all child care funding to Minnesota
The Department of Health and Human Services said it has frozen federal child care funding for the state of Minnesota, citing viral fraud allegations. Jonah Kaplan has the latest.
Search for missing Malaysia Airlines plane resumes
Almost 12 years after Malaysia Airlines Flight 370 vanished over the Indian Ocean with 239 people on board, the search for the Boeing 777's wreckage was scheduled to resume in the Indian Ocean -- supported by the latest advancements in deep-sea, self-guided drone technology. Elizabeth Palmer has more.
Many states reporting higher than usual flu cases
There has been a recent surge in flu cases over the holidays. Previously, 14 states were reporting high or very high levels of flu. Now that number has more than doubled to 29 states across the country. Dr. Jon LaPook explains.