"Inflation-proof" I-bonds get new interest rate
Eager investors crashed a Treasury's website last week, but if you missed your chance at a 9.6% return, all is not lost.
United States Department of the Treasury
Buyers rush to buy "inflation-proof" I-bonds, crashing website
Government agency doubled server capacity to handle an influx of orders, but some slowdowns are still occurring.
The IRS plans to hire 5,000 customer service reps
Tax agency has been plagued by understaffing and poor customer service, with many taxpayer calls going unanswered.
House Republican says Treasury won't provide Hunter Biden's financial docs
Rep. James Comer says the Treasury Department "is refusing to release suspicious activity reports connected with Hunter Biden."
IRS warns of frustrating tax filing season ahead
Treasury officials warn filing taxes is going be a challenge this year due to the ongoing pandemic and a lack of resources at the Internal Revenue Service. CBS News reporter Sarah Ewall-Wice joins Lilia Luciano on CBSN to discuss.
Senate passes deal to raise debt limit
In a 59-35 vote, the Senate passed a measure allowing for a one-time exemption to the filibuster so Democrats can raise the debt limit without Republican votes. Treasury Secretary Janet Yellen has warned the nation could enter default if the borrowing limit is not raised by December 15. CBS News reporter Sarah Ewall-Wice joins CBSN's Lana Zak to explain the process ahead.
Examining the cryptocurrency loophole
The U.S. Treasury Department says cryptocurrencies "urgently" need regulations like those overseeing banks and other financial institutions. Axios chief financial correspondent Felix Salmon joins CBSN to discuss the digital currency loophole.
Yellen says Democrats can raise debt ceiling
Treasury Secretary Janet Yellen is urging Democrats to address the debt ceiling alone if needed to avoid default. CBS News congressional correspondent Nikole Killion joined CBSN's Tanya Rivero with more on what Congress could do with the social spending and infrastructure legislation.
House passes measure to raise debt limit
The House has passed a measure to increase the federal debt limit by $480 billion. But it's a temporary fix that will last only until December 3. That means lawmakers will find themselves looking for a more permanent measure in less than two months. CBS News congressional correspondent Nikole Killion joins CBSN's Elaine Quijano to discuss.
The newest front to keep people in their homes and deliver aid: faith
For many faith leaders, the Treasury Department's efforts to team up are unusual.
Congress clashes on spending as shutdown looms
The U.S. is inching closer to a potential economic crisis and government shutdown as Congress clashes over President Joe Biden's agenda and key legislation. CBS News chief White House correspondent Nancy Cordes joins CBSN to break down the latest developments.
U.S. could hit the debt ceiling on October 18, Janet Yellen says
The country could go into default for its first time in history.
Senate debates raising U.S. debt ceiling
The Senate is deadlocked in the debate over raising the debt ceiling. If the limit is not raised, the country risks going into default on its debt. Lawmakers on both sides agree the ceiling needs to be raised, and experts warn if it isn't, it could be catastrophic for the U.S. economy. CBS News reporter Sarah Ewall-Wice joins CBSN's Lana Zak to discuss what's at stake.
Congress faces debt ceiling standoff
Congressional Democrats are pushing to raise the national debt ceiling before the government funding runs out at the end of the month. But Republicans say they will not support stopgap funding legislation. CBS News congressional correspondent Nikole Killion joins CBSN with the latest.
Richest Americans dodge $163 billion in taxes: Treasury report
The so-called "tax gap" could total $7 trillion over the next decade.
Federal aid still not getting to renters
Only a small fraction of the money allocated by Congress has actually gotten to people, the Treasury Department said.
Federal rent aid deadline approaches
As many tenants and landlords continue to struggle from the pandemic's economic fallout, states need to use 65% of their allocated federal rent aid funds by September 30 or risk losing billions of dollars. CBS MoneyWatch reporter Irina Ivanova joined "CBSN AM" to discuss.
Yellen promotes Biden's economic agenda during Atlanta trip
Treasury Secretary Janet Yellen traveled to Atlanta on Wednesday to promote the Biden administration's economic agenda. It was Yellen's first official domestic trip since being appointed to Mr. Biden's Cabinet. Her visit came as a bipartisan infrastructure bill makes it way through the Senate. CBS News reporter Sarah Ewall-Wice joins CBSN's "Red & Blue" host Elaine Quijano with more.
U.S. braces for evictions wave as moratorium ends
Millions of Americans are at risk of being evicted from their homes after the federal moratorium on evictions expired over the weekend. Diane Yentel, president of the National Low Income Housing Coalition, joins CBSN to discuss why nearly $47 billion in emergency aid has been slow to reach renters.
DOJ orders IRS to release Trump tax returns
The Justice Department on Friday said the Treasury Department must hand over former President Trump's tax returns to the House Ways and Means Committee, putting an apparent end to the yearslong battle over the records. Brian Galle, a professor of law at the Georgetown University Law Center joins CBSN's Tanya Rivero with his analysis.
Justice Department says IRS must give Trump's tax returns to Congress
The decision puts an apparent end in sight to the yearslong battle over the records.
IRS told to give Trump's taxes to Congress
The Justice Department instructed the IRS to hand over former President Trump's tax returns to Congress. A federal judge said Mr. Trump and his lawyers have until Wednesday to issue a response. CBS News legal contributor Rebecca Roiphe joins CBSN AM to discuss.
Families set to receive child tax credit payments
The federal government will begin dispersing monthly cash payments to low- and moderate-income families on July 15 as part of the child tax credit program included in the latest round of COVID relief. The rollout comes as the Federal Reserve paints a clearer picture of the current state of the economy, saying inflation will likely remain elevated in the coming months. CBS News reporter Sarah Ewall-Wice joins CBSN's Lana Zak with the details.
Millions to receive 2021 child tax credit
A new IRS tool will help millions of low-income Americans file for their 2021 child tax credit. The monthly payments will begin July 15 and extend through the year. While Democrats are trying to make the current payments permanent, Republicans are looking to introduce their own version of the credit. CBS News reporter Sarah Ewall-Wice joined CBSN's Elaine Quijano to discuss.
Treasury's tax tables
The Treasury Department releases its withholding tables from the new Tax Cuts and Jobs Act. While many taxpayers will see their take-home pay increase through 2018, there are concerns about others getting bigger tax bills in the years to follow. Economist Peter Morici joins CBSN to discuss the latest on the new tax plan.
Live
U.S.-Iran ceasefire tested as U.S. guides ships through Strait of Hormuz
Hegseth said the ceasefire with Iran "certainly holds" for now after a naval clash between Iranian and U.S. forces and renewed attacks on the UAE.
Amid attacks by Trump, Justice Gorsuch says "my loyalty is to the Constitution"
President Trump has attacked Justices Neil Gorsuch and Amy Coney Barrett for voting to strike down his most sweeping tariffs.
Exclusive
In Lynette Hooker probe, Coast Guard seeks info about mystery sailboat
The U.S. Coast Guard is trying to find the owners of a sailboat that may have been moored next to Lynette Hooker's vessel the night she disappeared in the Bahamas, marking a new development in the search for the missing Michigan woman.
2 dead, 3 injured in shooting at Texas shopping center
The incident happened at about 10 a.m. The Carrollton Police Department, Texas Department of Public Safety and other agencies are on scene.
What to know about Tuesday's primaries in Ohio and Indiana
Voters are going to the polls Tuesday in Ohio and Indiana — in the Buckeye State, they'll be casting ballots in Senate, House and governor's primary races, while Hoosiers will weigh in on House and state races.
Hantavirus possibly transmitted human to human on stricken cruise ship, WHO says
The WHO said Tuesday that Spain would allow the vessel to dock in the Canary Islands for a "full investigation" and "full disinfection."
Hegseth says "ceasefire is not over" after Strait of Hormuz exchange of fire
Iranian vessels fired on U.S. ships guiding vessels through the Strait of Hormuz, resulting in the U.S. sinking several small Iranian boats.
Exclusive
Activist who protested outside Stephen Miller's home won't face state charges
Local activist Barbara Wien will not be criminally charged for doxxing top White House aide Stephen Miller, according to a court filing.
2026 Tony Awards nominations are announced. See the full list.
Uzo Aduba and Darren Criss announced the 2026 Tony nominees for select categories on "CBS Mornings" on Tuesday.
U.S.
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Exclusive
In Lynette Hooker probe, Coast Guard seeks info about mystery sailboat
The U.S. Coast Guard is trying to find the owners of a sailboat that may have been moored next to Lynette Hooker's vessel the night she disappeared in the Bahamas, marking a new development in the search for the missing Michigan woman.
Exclusive
Activist who protested outside Stephen Miller's home won't face state charges
Local activist Barbara Wien will not be criminally charged for doxxing top White House aide Stephen Miller, according to a court filing.
Meta trained its AI on copyrighted work, new lawsuit alleges
The lawsuit claims that Meta's Llama is generating summaries — and, in some cases, verbatim copies — of original works.
Delta ending food and beverage service on shorter flights
Routes that are under a certain distance will no longer offer food and beverage service, the airline said.
Utz potato chips sold nationwide recalled over salmonella risk
Utz Quality Foods is recalling some of its Zapp's and Dirty brand potato chips because an ingredient may be contaminated by salmonella.
MoneyWatch
More MoneyWatch
Meta trained its AI on copyrighted work, new lawsuit alleges
The lawsuit claims that Meta's Llama is generating summaries — and, in some cases, verbatim copies — of original works.
Delta ending food and beverage service on shorter flights
Routes that are under a certain distance will no longer offer food and beverage service, the airline said.
Utz potato chips sold nationwide recalled over salmonella risk
Utz Quality Foods is recalling some of its Zapp's and Dirty brand potato chips because an ingredient may be contaminated by salmonella.
UnitedHealthcare to cut prior authorization for 30% of treatments
The largest U.S. health insurer said it will eliminate approval requirements for some treatments, including select outpatient surgeries and other procedures.
For some older Americans, retirement today means unretiring
Nearly 20% of Americans of retirement age are employed or seeking employment. "You have to eat," said one 69-year-old of her reasons for continuing to work.
Politics
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Exclusive
Activist who protested outside Stephen Miller's home won't face state charges
Local activist Barbara Wien will not be criminally charged for doxxing top White House aide Stephen Miller, according to a court filing.
Amid attacks by Trump, Justice Gorsuch says "my loyalty is to the Constitution"
President Trump has attacked Justices Neil Gorsuch and Amy Coney Barrett for voting to strike down his most sweeping tariffs.
Hegseth says "ceasefire is not over" after Strait of Hormuz exchange of fire
Iranian vessels fired on U.S. ships guiding vessels through the Strait of Hormuz, resulting in the U.S. sinking several small Iranian boats.
Pennsylvania suing Character AI, claims chatbot posed as medical professional
A Character AI chatbot falsely claimed to be a licensed psychiatrist in Pennsylvania and provided an invalid license number, the state alleged.
From Truth Social to court: Groups challenging Trump get help from his posts
Judges in more than a dozen cases have cited social media posts by President Trump and members of his administration in decisions against the government.
HealthWatch
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How hantavirus may have spread aboard a cruise ship
A suspected hantavirus outbreak on the MV Hondius cruise ship has killed three people and sickened at least four others, officials said.
UnitedHealthcare to cut prior authorization for 30% of treatments
The largest U.S. health insurer said it will eliminate approval requirements for some treatments, including select outpatient surgeries and other procedures.
Latest on apparent hantavirus cruise outbreak
A suspected outbreak of hantavirus on a cruise ship has killed three people, officials say. Tom Hanson reports.
Alito temporarily restores FDA rule allowing abortion pill to be sent by mail
A federal appeals court blocked a FDA rule that allowed the abortion pill mifepristone to be dispensed through the mail.
Apparent hantavirus outbreak kills 3 on cruise ship, sickens at least 3 more
A suspected outbreak of the rare hantavirus on a cruise ship in the Atlantic off Africa killed three people and sickened at least three others, health officials say.
World
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How hantavirus may have spread aboard a cruise ship
A suspected hantavirus outbreak on the MV Hondius cruise ship has killed three people and sickened at least four others, officials said.
Amsterdam bans advertising for meat and fossil fuels in public places
The city, known for its tolerance of some drugs and sex work, no longer allows ads for airlines, cruises, beef, chicken, pork or fish products.
U.K. counter-terror police investigate arson at former synagogue
Keir Starmer warned Tuesday that there would be "consequences" if Iran is proven to be behind a recent series of antisemitic attacks in the capital.
Hegseth says "ceasefire is not over" after Strait of Hormuz exchange of fire
Iranian vessels fired on U.S. ships guiding vessels through the Strait of Hormuz, resulting in the U.S. sinking several small Iranian boats.
Hantavirus possibly transmitted human to human on stricken cruise ship, WHO says
Passengers aboard the ship are in good spirits but may have to quarantine for "eight weeks," a World Health Organization official told CBS News.
Entertainment
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Entertainment
Douglas Stuart reads "John of John" excerpt
Oprah Winfrey selected "John of John" by award-winning author Douglas Stuart, known for "Shuggie Bain," as her latest book club pick. Watch the author, Douglas Stuart, read an excerpt from his novel that Winfrey calls " a complex and compelling tale that ultimately showcases the transformational power of love."
Details from the Met Gala red carpet
CBS News' Adriana Diaz and contributor Lauren Sherman join CBS News 24/7 to share details from the 2026 Met Gala.
Breaking down the 2026 Tony Awards nominees
The nominees for the 79th annual Tony Awards, which air on CBS on June 7, were revealed on Tuesday. CBS News New York's Dave Carlin joins with more.
Zac Posen on Kendall Jenner's Met Gala look
GAP Inc. executive vice president and creative director Zac Posen discusses designing model Kendall Jenner's dress for this year's Met Gala. He also dives into other looks that stood out at the annual event.
Stars shine at Met Gala
Stars shined at fashion's biggest night of the year on Monday, the Met Gala. This year's event was co-chaired by Beyoncé, Nicole Kidman and Venus Williams. Outside the museum, protesters gathered holding letters that spelled out "tax the rich." Adriana Diaz reports.
Technology
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Coinbase to lay off 700 workers as crypto company embraces AI
"This is a new way of working, and we need to leverage AI across every facet of our jobs," CEO Brian Armstrong said in a letter to employees.
Pennsylvania suing Character AI, claims chatbot posed as medical professional
A Character AI chatbot falsely claimed to be a licensed psychiatrist in Pennsylvania and provided an invalid license number, the state alleged.
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.
GameStop offers to buy eBay for $55.5 billion, threatens hostile bid
EBay said on Monday that it will "carefully review" GameStop's unsolicited $ 125-per-share takeover offer.
Almanac: May 3
"Sunday Morning" looks back at historical events on this date.
Science
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Mysterious world beyond Pluto may have atmosphere, study says
If confirmed, the rock would become just the second world past Neptune in our solar system to host an atmosphere.
Bill Nye on the Artemis II moon mission
Bill Nye The Science Guy, the chief ambassador of The Planetary Society, joins CBS News 24/7 Mornings with more after meeting the Artemis II crew in person after their successful mission around the moon.
Trump administration fires board overseeing National Science Foundation
The Trump administration has fired all 22 current members of an independent board that oversees the National Science Foundation, one dismissed member says.
AI used to reveal face of victim fleeing Mount Vesuvius eruption
Archaeologists found the victim holding a terracotta mortar, which they interpret as an improvised attempt to shield his head.
In a first, endangered orangutan seen using canopy bridge to cross road
Rapid development has been shrinking the jungle habitat of the critically endangered species, and fatal conflicts with people have been increasing.
Crime
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2 dead, 3 injured in shooting at Carrollton shopping center, police say
The incident happened at about 10 a.m. The Carrollton Police Department, Texas Department of Public Safety and other agencies are on scene.
Judge apologizes to Cole Allen for treatment
A federal judge apologized to Cole Allen, the suspect in the White House Correspondents' Dinner shooting case, for what he saw as overly restrictive and punitive conditions at the D.C. jail where he's being held. CBS News' Katrina Kaufman reports.
Infamous drug lord pens letters from U.S. prison, citing "cruel punishment"
Joaquin "El Chapo" Guzman is serving a life sentence at a maximum security facility in Colorado.
Gunman shot near Washington Monument
The White House was on lockdown Monday afternoon after the Secret Service shot a gunman just blocks away near the Washington Monument. Nicole Sganga reports.
Cole Allen moved off suicide watch
Cole Allen, the suspected shooter at the White House Correspondents' Dinner, was moved off suicide watch in jail ahead of his appearance in court on Monday. CBS News senior coordinating producer Anna Schecter has more.
Space
More Space
Mysterious world beyond Pluto may have atmosphere, study says
If confirmed, the rock would become just the second world past Neptune in our solar system to host an atmosphere.
Artemis crew surprises 5-year-old aspiring astronaut with special gift
The Artemis II team gained a new member, and the crew made sure their youngest teammate had the right stuff for space.
Artemis II crew reveals what snack they ate right after splashdown
The Artemis II astronauts said they actually really enjoyed the space food, but it was a familiar candy they enjoyed after splashing down in the Pacific Ocean.
Artemis II astronauts talk mission toilet troubles: "We made do"
The plumbing issues aboard the Orion capsule became headline news in the early days of the historic Artemis II mission.
Only on CBS
Artemis crew tells kids moon flight was "the best roller coaster ride"
The Artemis II astronauts joined "CBS Mornings" for a live town hall where they took questions from kids just weeks after returning from their historic moon mission.
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.
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
More Latest CBS News Videos
Latest CBS News Videos
Two killed in Texas shopping center shooting
Police gave an update Tuesday on a shooting at a Dallas-area shopping center that killed two people. The suspect is in custody, authorities said.
Hegseth says Iran ceasefire is holding
Defense Secretary Pete Hegseth said Tuesday that the U.S.-Iran ceasefire is holding. He called Project Freedom, the effort to guide commercial ships through the Strait of Hormuz that drew Iranian attacks on Monday, a separate and "temporary" operation. CBS News' Natalie Brand and Eleanor Watson have more.
Tennessee, Alabama considering redistriciting
The nationwide partisan congressional redistricting push have come to Tennessee and Alabama. CBS News' Nicole Valdes and Shawna Mizelle report.
U.S. debt beats GDP for first time since WWII
The U.S. debt is exceeding the country's gross domestic product for the first time since World War II. CBS News contributor Javier David has more.
Douglas Stuart reads "John of John" excerpt
Oprah Winfrey selected "John of John" by award-winning author Douglas Stuart, known for "Shuggie Bain," as her latest book club pick. Watch the author, Douglas Stuart, read an excerpt from his novel that Winfrey calls " a complex and compelling tale that ultimately showcases the transformational power of love."