
Feds sue Zelle, alleging nation's biggest banks failed to stop fraud
Government watchdog claims Americans lost hundreds of millions to fraud related to the bank-operated mobile payments network.
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Government watchdog claims Americans lost hundreds of millions to fraud related to the bank-operated mobile payments network.
Wells Fargo recently fired over a dozen employees for allegedly faking keyboard activity in an attempt to appear busy at work, according to a report from Bloomberg News. In light of that, Sanvi Bangalore, editorial intern with The Wall Street Journal, joined CBS News to discuss some of the tracking tools companies are now using to monitor their employees' productivity.
Wells Fargo fired over a dozen employees in May after investigating allegations that their keyboard activity was fake.
With Veterans Day falling on a Saturday this year, some banks weren't open on Friday and others will be closed on Saturday in observance of the federal holiday that honors Americans who served in the military.
Customers with several big U.S. banks expressed frustration after their paychecks didn't show up in their accounts.
Customers took to social media to express concern and frustration after payments didn't up up in their accounts.
Investors claimed the bank hadn't been honest about its progress in fixing its problems following scandal involving sham accounts.
Wells Fargo has committed up to $1 billion to fund a variety of projects that foster community development.
T.D. Jakes, chairman and CEO of the T.D. Jakes Group, joins "CBS Mornings" to announce a new 10-year partnership with Wells Fargo to build inclusive communities. The partnership includes a commitment of up to $1 billion to fund various projects. Their first project is a mixed-income housing development in Atlanta at the site of a former Army base, Fort McPherson.
Several major banks are seeing growth with the release of their first quarter earnings. The positive news comes a month after the collapse of Silicon Valley bank and Signature Bank. Jacob Sonenshine is a markets reporter at Barron's. He joins CBS News for more.
Forced sale of a storied investment bank and lax U.S. financial rules are renewing concerns about the banking sector.
According to the Labor Department, 311,000 jobs were added to the U.S. workforce in February. Sarah House, a senior economist at Wells Fargo, joins CBS News to discuss the latest jobs report and the role single women play in the nation's workforce.
A new study shows that Black communities have seen more wealth and net worth growth than other racial groups since the beginning of COVID. Jay Bryson, chief economist at Wells Fargo, joins "CBS News Mornings" to discuss the study's findings.
Emily Irwin, advice and planning executive for Wells Fargo Wealth and Investment Management, joins CBS News with some tips on how to spot potential financial red flags in your romantic partner.
Several big banks released better than expected 2022 fourth quarter earnings results. This comes amid rising concerns over a looming recession. Elaine Quijano and Michelle Miller are joined by Business Insider finance editor, Dan DeFrancesco.
Wells Fargo has agreed to pay $3.7 billion to settle allegations of charging customers illegal fees. Ann Berry, founder of Threadneedle Ventures, joins CBS News' Lilia Luciano to discuss the fallout.
"Wells Fargo's rinse-repeat cycle of violating the law has harmed millions of American families," CFPB director said.
Some employees at the fourth-largest U.S. bank say a union would prevent repeated scandals that have dogged the company.
Nearly a week after deadly floods struck Central Texas, search and rescue teams are continuing to probe debris for those still missing.
The Senate panel considering Emil Bove's nomination to be a judge has emails regarding allegations he advised DOJ to defy court orders.
Business is being accused by Sen. Chuck Grassley of having "spent years fleecing taxpayers."
Viral posts promoted false claims that cloud seeding, a form of weather modification, played a role in the devastation. Meteorologists explain it doesn't work that way.
A federal judge in New Hampshire certified a class action lawsuit over President Trump's birthright citizenship order and issue a preliminary injunction blocking it.
ICE official Thomas Giles was asked in federal court Thursday about where Kilmar Abrego Garcia would be sent if released from pretrial detention.
An U.S. official says some weapons shipments to Ukraine have resumed, as the country's leader seeks more urgent support from his partners.
These are summertime factors that can make your migraines even worse, and expert tips on how to reduce them.
As AI barrels into the workplace, job search firms like Indeed and Glassdoor are replacing workers with the technology.
As AI barrels into the workplace, job search firms like Indeed and Glassdoor are replacing workers with the technology.
The Senate is expected to vote next week on a request from the White House to claw back funding for international aid and public broadcasting.
ICE official Thomas Giles was asked in federal court Thursday about where Kilmar Abrego Garcia would be sent if released from pretrial detention.
Walmart recalls stainless steel bottles after two customers suffered serious eye injuries when the lid forcefully ejected.
These are summertime factors that can make your migraines even worse, and expert tips on how to reduce them.
As AI barrels into the workplace, job search firms like Indeed and Glassdoor are replacing workers with the technology.
Walmart recalls stainless steel bottles after two customers suffered serious eye injuries when the lid forcefully ejected.
The winning bid for the original Birkin bag set a record for the most valuable handbag ever sold at auction, Sotheby's said.
Business is being accused by Sen. Chuck Grassley of having "spent years fleecing taxpayers."
Ford says the fuel pump in affected vehicles can fail, causing cars to stall while in use.
The Senate is expected to vote next week on a request from the White House to claw back funding for international aid and public broadcasting.
ICE official Thomas Giles was asked in federal court Thursday about where Kilmar Abrego Garcia would be sent if released from pretrial detention.
Business is being accused by Sen. Chuck Grassley of having "spent years fleecing taxpayers."
An U.S. official says some weapons shipments to Ukraine have resumed, as the country's leader seeks more urgent support from his partners.
A federal judge in New Hampshire certified a class action lawsuit over President Trump's birthright citizenship order and issue a preliminary injunction blocking it.
These are summertime factors that can make your migraines even worse, and expert tips on how to reduce them.
The Centers for Disease Control and Prevention says nearly 1,300 measles cases have been reported so far this year across the U.S. — the most in more than 30 years. Dr. Céline Gounder has more.
The number of measles cases in the United States has surpassed 2019's wave of infections, according to Centers for Disease Control and Prevention data.
Four carton sizes were recalled due to individually wrapped packs that may be incorrectly labeled as "cheese" even though they may contain peanut butter, federal health officials said.
As the Trump administration continues its push to detain undocumented immigrants, doctors are hearing that some patients are avoiding health care settings out of fears over possible ICE raids.
Amanda Anisimova beat Aryna Sabalenka 6-4, 4-6, 6-4 in the Wimbledon semi-finals.
Thousands of fans have flocked to a Thailand zoo to celebrate the first birthday of Moo Deng, the baby pygmy hippo that's become a social media sensation.
Trump's meetings with the Israeli leader have brought no apparent breakthrough for a ceasefire in Gaza, where the bloodshed continues unabated.
The Mayan city of Caracol has been researched for decades, but archaeologists only recently found a tomb of one of the city's leaders.
An U.S. official says some weapons shipments to Ukraine have resumed, as the country's leader seeks more urgent support from his partners.
The winning bid for the original Birkin bag set a record for the most valuable handbag ever sold at auction, Sotheby's said.
Rachel Brosnahan stars as Lois Lane in the new "Superman" movie. She spoke to "CBS Mornings" about preparing for the role.
"Dexter: Resurrection" debuts on Friday with actor Jack Alcott reprising his role for the series. The show left off with Dexter's son, Harrison – played by Alcott – finding out his father may not be the vigilante killer he claimed to be. Alcott talks to "CBS Mornings Plus" about reprising his role and what to expect.
Bluegrass legends Alison Krauss & Union Station are back together for the first time in more than a decade. They have a new album and a new star joining them. CBS News' Anthony Mason spoke to the band members about their long-awaited reunion.
"Big Brother" is celebrating its 25th year on air. A new season premieres Thursday with 16 new house guests competing and strategizing to evict one of their own each week until only one remains. "Entertainment Tonight" correspondent Denny Directo spoke with host Julie Chen Moonves about the season.
Elon Musk said his AI chatbot Grok is coming to Tesla vehicles by next week, just days after the bot unleashed an antisemitic rant on his social media platform X. The announcement also came after Musk unveiled the latest iteration of the chatbot called Grok 4. Bloomberg News technology editor Sarah Frier joins CBS News to discuss.
As AI barrels into the workplace, job search firms like Indeed and Glassdoor are replacing workers with the technology.
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.
Elon Musk's xAI is rolling out Grok 4 after the previous model, Grok 3, made a series of antisemitic posts praising Hitler. Mike Isaac, technology reporter for the New York Times, joins CBS News to discuss.
Nvidia became the first public corporation to be valued at more than $4 trillion based on the rising price of its stock before dipping below $4 trillion at market close. The company makes computer chips. CBS News MoneyWatch correspondent Kelly O'Grady reports.
Cabells Publishing, a scholarly analytics company, has flagged more than 19,000 journals as potentially predatory. CBS News medical contributor Dr. Celine Gounder explains how to know if you're getting accurate information.
Researchers were able to date the fossil of the flying reptile, a close cousin of dinosaurs, back to more than 209 million years ago.
Scientists at Oregon State University are working to change people's minds about sharks--and are learning more about the health of the ocean in the process.
From the Clotilda to the Titanic, archaeologist James Delgado shares insights from his 50-year career.
The move is part of the government's plans for protecting the U.S. from the New World screwworm fly, which could devastate its beef industry and even kill household pets.
57-year-old Svetlana Dali, the woman charged after she allegedly snuck on a flight to Paris from New York City, is expecting her sentence. CBS News' Shanelle Kaul reports.
Ukrainian media posted what appeared to be security camera footage showing a man walking through a parking lot with bags being shot by another man.
Travis Decker has been wanted since June 2, when a sheriff's deputy in Washington found his truck and the bodies of his three daughters.
Ralph Leroy Menzies, 67, is set to be executed Sept. 5 for abducting and killing Utah mother of three Maurine Hunsaker in 1986.
The attack was carried out using an "equine loaded with explosives" and sent toward a platoon of soldiers, the governor said.
The Cat's Paw Nebula is about 4,000 light-years from Earth, near the constellation Scorpius.
A new observatory in Chile has produced a stunningly detailed image of a nebula resembling cotton candy, using the largest telescope in the world.
Running a week late because of weather, it was clear sailing Sunday for Blue Origin's 13th passenger flight.
The American Meteor Society said it received more than 160 reports of a fireball sighting from observers in Georgia and South Carolina.
The exoplanet, a planet beyond our solar system, has been dubbed TWA 7b after NASA's James Webb Space Telescope captured evidence of it.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
A suspect was taken into custody after an attack on Pearl Street Mall in Boulder on June 1 in which there were 15 people and a dog who were victims. The suspect threw Molotov cocktails that burned some of the victims, who were part of a march for Israeli hostages.
Live performances are in full swing this summer. Scroll through our concert gallery, featuring pictures by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
Protests against the Trump administration took place across the U.S. Saturday. The demonstrations were held to mark the 250th anniversary of the start of the Revolutionary War.
Bizarre clues and evidence in the investigation into the Colorado mother's disappearance include a spy pen, plastic needle cap, and a chipmunk alibi.
A hiker is taking a sigh of relief after coming face to face with a mountain lion. CBS News Los Angeles' Gio Insignares reports.
Elon Musk said his AI chatbot Grok is coming to Tesla vehicles by next week, just days after the bot unleashed an antisemitic rant on his social media platform X. The announcement also came after Musk unveiled the latest iteration of the chatbot called Grok 4. Bloomberg News technology editor Sarah Frier joins CBS News to discuss.
Thousands of excited fans have flocked to a Thailand Zoo to celebrate Moo Deng's first birthday. The baby pygmy hippo and her mother marked the occasion by devouring a massive tropical fruit platter while the zoo threw a four-day party.
Elon Musk's xAI is rolling out Grok 4 after the previous model, Grok 3, made a series of antisemitic posts praising Hitler. Mike Isaac, technology reporter for the New York Times, joins CBS News to discuss.
EPA employees are facing high temperatures and difficult working conditions at the agency's Washington headquarters, sources tell CBS News. CBS News senior White House reporter Jennifer Jacobs has more.