Biden signs debt ceiling bill that pulls U.S. back from brink of default
With just two days to spare, President Joe Biden has signed legislation that lifts the nation's debt ceiling.
With just two days to spare, President Joe Biden has signed legislation that lifts the nation's debt ceiling.
President Joe Biden addressed the debt ceiling deal in a speech from the Oval Office, saying the bipartisan agreement avoids "economic collapse." Meanwhile, the stock market rallied behind a strong jobs report. Christina Ruffini has more.
President Biden delivered remarks from the Oval Office Friday night after Congress passed bipartisan legislation to suspend the U.S. debt limit until 2025. Watch his address in this CBS News Special Report, with analysis from Margaret Brennan and Nancy Cordes.
President Biden will sign the debt ceiling bill and address the nation Friday night, a day after Congress passed a deal brokered by Mr. Biden and House Speaker McCarthy. CBS News congressional correspondent Nikole Killion reports on which lawmakers are taking a victory lap on Capitol Hill after the nation avoided default.
CBS News has confirmed former Vice President Mike Pence will not face charges in the probe by the Department of Justice on his handling of classified documents. This comes as Pence is set to announce a run for the 2024 presidency next week. CBS News chief election and campaign correspondent Robert Costa has more.
The Senate approved legislation Thursday night to raise the debt ceiling and avoid a U.S. default. It's based on the deal President Biden and House Speaker Kevin McCarthy negotiated over Memorial Day Weekend. CBS News congressional correspondent Nikole Killion has more.
John Dickerson reports on Donald Trump and Ron DeSantis campaigning in key states, the FDA's warning on popular weight loss drugs, and why the U.S. birth rate is dipping.
The Senate Thursday was debating a bill which would suspend the debt ceiling and avoid a U.S. government default. The bill passed the House on Wednesday. Treasury Secretary Jane Yellen has said the U.S. risks defaulting on its debt as soon as June 5.
White House officials said that President Biden was not hurt after he tripped and fell onstage at a commencement ceremony at the U.S. Air Force Academy in Colorado Thursday. Nancy Cordes and Ed O’Keefe has the latest.
President Biden was quickly helped to his feet and appeared to be unhurt after tripping onstage.
The chair of the House Oversight Committee says the FBI director confirmed the existence of a document that describes an alleged criminal scheme involving then-Vice President Biden. Republican Rep. James Comer has pushed to hold the bureau's director in contempt of Congress if the record isn't turned over. He and Sen. Chuck Grassley say the document includes "very serious" allegations against the president. The White House called the oversight chair's push "a silly charade" in a statement. CBS News senior investigative correspondent Catherine Herridge has more.
The House passed a bill to raise the nation's debt ceiling Wednesday evening, sending it to the Senate. President Biden, who brokered the deal with Speaker Kevin McCarthy, called it "good news," but lawmakers seem to remain divided. CBS News congressional correspondent Nikole Killion is following the latest from Capitol Hill.
By a vote of 314-117, the House Wednesday night passed a bill that would suspend the nation's debt ceiling and prevent the U.S. government from a potentially disastrous default. The bill now goes to the Senate.
House debates contentious debt ceiling bill; Army's first female deep-sea diver reflects on her journey
Lawmakers voting on debt deal before deadline; not all GOP on same page over debt ceiling deal
Florida Republican Sen. Rick Scott told CBS News congressional correspondent Nikole Killion he could not support the debt limit bill heading for a House vote Wednesday night.
Senate Democratic leadership spoke with reporters about the debt limit bill Wednesday afternoon. Majority Leader Chuck Schumer said no one on either side would call the agreement perfect, but emphasized it spares the U.S. from default.
Senate Republicans spoke with reporters Wednesday afternoon about the debt ceiling deal reached by House Speaker Kevin McCarthy and President Biden. Senate Minority Leader Mitch McConnell says he anticipates the bill will pass in the House.
Even before the debt limit bill comes to a vote in the House, some Republican senators are coming out against the "Fiscal Responsibility Act." CBS News congressional correspondent Scott MacFarlane spoke with Kentucky Republican Sen. Rand Paul about his thoughts on the legislation.
CBS News' Nikole Killion spoke with New York Rep. Ritchie Torres, a member of the Congressional Progressive Caucus, Wednesday afternoon about the upcoming House vote on the debt limit bill.
A majority of Democrats and a majority of Republicans voted in favor of the Fiscal Responsibility Act.
Lawmakers are under pressure to accept the agreement struck by President Biden and House Speaker Kevin McCarthy, but more than two dozen are vowing to reject it. The debt deal is bound for the House floor Wednesday after clearing the powerful Rules Committee Tuesday night by one vote. CBS News congressional correspondent Nikole Killion and CBS News senior White House correspondent Weijia Jiang have the latest from Washington.
What it will take for debt deal critics to budge; Florida Gov. Ron DeSantis making his first Iowa trip as a 2024 candidate.
The Biden-McCarthy deal to raise the debt ceiling will get its first test in the House Tuesday. As lawmakers return from recess, the pressure is on to pass legislation before next Monday's default deadline when the Treasury Department says the government will run out of money to pay its bills. CBS News congressional correspondent Nikole Killion reports.
Nine injured in mass shooting in Hollywood, Florida; Miami Heat beat Boston Celtics in Game 7 and advance to NBA finals.
With just two days to spare, President Joe Biden has signed legislation that lifts the nation's debt ceiling.
The Florida governor went on a whirlwind campaign tour through Iowa, New Hampshire and South Carolina this week.
Footage from the accident site showed bodies lined up on tracks and the injured being shifted to hospitals while rescuers desperately looked through the overturned and jumbled metal train compartments.
The Hollywood Police Department has also issued arrest warrants for two other suspected gunmen.
Meta this week announced that it was mandating that all workers return to the office for three days a week starting in September.
Tupelo Fire Department Sergeant Michael Moody confirmed the deaths to CBS News.
Rights groups have condemned the government crackdown, which has included arbitrary arrests and restrictions on social media.
It was the first deadly exchange of fire along the Israel-Egypt border in over a decade.
The father is also a person of interest in the disappearance of the mother, who was last seen in 2019, authorities said.
Meta this week announced that it was mandating that all workers return to the office for three days a week starting in September.
The Florida governor went on a whirlwind campaign tour through Iowa, New Hampshire and South Carolina this week.
The Hollywood Police Department has also issued arrest warrants for two other suspected gunmen.
The father is also a person of interest in the disappearance of the mother, who was last seen in 2019, authorities said.
Tupelo Fire Department Sergeant Michael Moody confirmed the deaths to CBS News.
With just two days to spare, President Joe Biden has signed legislation that lifts the nation's debt ceiling.
A report of U.S. job cuts showed roughly 5% of job losses in May were due to AI technology.
Allstate and others say thousands of natural disasters in recent years have made the state too expensive to cover.
AI has a place in the profession, but is currently limited in its capabilities, a Texas judge said.
The symbolic vote on executives' multi-million dollar pay packages comes amid an ongoing writer's strike.
The Florida governor went on a whirlwind campaign tour through Iowa, New Hampshire and South Carolina this week.
With just two days to spare, President Joe Biden has signed legislation that lifts the nation's debt ceiling.
The recording — from a July 2021 meeting at Trump's golf club in Bedminster, New Jersey — is a crucial piece of evidence that prosecutors obtained in recent months.
The Republican National Committee also set the rules for the first GOP primary debate of the 2024 presidential cycle.
The Biden-Harris campaign plans to make addressing gun violence a key focus of President Biden's reelection effort.
Companies hid evidence of PFAS' link to dead dogs, enlarged livers and birth defects, according to researchers.
Sweden, which has the lowest rate of smoking in the Europe Union, is close to declaring itself "smoke free."
At least 102 were hospitalized in December, nearly double an earlier peak.
The warnings - in English and French - include "poison in every puff," "tobacco smoke harms children" and "cigarettes cause impotence."
The decline in births is "a very small difference" from the year before.
Rights groups have condemned the government crackdown, which has included arbitrary arrests and restrictions on social media.
It was the first deadly exchange of fire along the Israel-Egypt border in over a decade.
Footage from the accident site showed bodies lined up on tracks and the injured being shifted to hospitals while rescuers desperately looked through the overturned and jumbled metal train compartments.
Images broadcast on local stations showed smashed train compartments torn open with blood-stained holes of twisted metal, and scores of passengers lying beside the tracks.
CIA Director William Burns traveled secretly to Beijing last month, becoming the most senior U.S. official to visit China since the U.S. shot down a Chinese surveillance balloon.
Lyricist Cynthia Weil, who with her husband Barry Mann was half of one of the most successful songwriting teams in New York's fabled Brill Building, and who wrote or co-wrote hits for such artists as Neil Diamond, Linda Ronstadt and Lionel Richie, died June 1, 2023, at age 82. In this "Sunday Morning" profile that aired February 8, 2015, Weil and Mann talk with correspondent Rita Braver about their love-hate competition with Carole King (dramatized in the musical "Beautiful"), and about creating such classics as "On Broadway" and "You've Lost That Lovin' Feelin'."
British band "The Heavy" is known for their unique blend of blues, gospel and soul music. Their work has been featured in countless TV shows, movies and video games, and now they're out with their sixth studio album. Here is The Heavy with "I Feel the Love."
British band "The Heavy" is known for their unique blend of blues, gospel and soul music. Their work has been featured in countless TV shows, movies and video games, and now they're out with their sixth studio album. Here is The Heavy with "Hurricane Coming."
British band "The Heavy" is known for their unique blend of blues, gospel and soul music. Their work has been featured in countless TV shows, movies and video games, and now they're out with their sixth studio album. Here is The Heavy with "Feels Like Rain."
The star of the improv show and longtime partner of DC Young Fly reportedly died in Miami on Wednesday.
Artificial intelligence will likely remake the workplace. A recent analysis from Goldman Sachs looked at the global impact, and found that AI could replace 300 million full-time jobs. Futurist Martin Ford joined CBS News to discuss the jobs he believes AI likely won't take, and what you can do if you're concerned your job may be replaced.
It's important to practice good "cyber hygiene" to prevent hackers, and even employees, from accessing sensitive information.
Financial watchdog urges consumers who keep funds with a digital app to transfer the money to an insured bank account.
In a new documentary, CBS Reports explores the unleashing of artificial intelligence, a rapidly evolving technology. Entrepreneur João Santos, who created AIsthetic, an apparel company using CHatGPT as the CEO, joins CBS News.
Owner of Facebook and Instagram could bar users in the state from sharing news over bill requiring tech companies to pay news publishers.
In the last century, only two wolverines were spotted in California.
Arizona is limiting new construction around Phoenix as the state's water supply continues to dwindle. State officials say there isn't enough groundwater for housing construction that's already been approved. CBS News senior national and environmental correspondent Ben Tracy has more.
A litter of six red wolf pups, a highly endangered species of which there are only about two dozen in the wild, was born at the Great Plains Zoo in South Dakota on Thursday.
The Atlantic hurricane season has officially begun and forecasters are already watching some activity in the Gulf. CBS News senior weather and climate producer David Parkinson joins with a preview of the season, and national correspondent Manuel Bojorquez investigates Florida's flood insurance crisis.
Officials say it "looks weird," and could have been an accident - or a protest over new environmental restrictions on diesel trucks hauling heavy loads.
See the details of the bizarre case.
The Hollywood Police Department has also issued arrest warrants for two other suspected gunmen.
The shooting happened in the same county where a sheriff was shot to death in 2013.
A man killed at least three people during a violent rampage in the Northern California cities of Milpitas and San Jose, police said.
Seven inmates escaped, but most were recaptured within hours. The remaining escapee should be considered "armed and dangerous," police said.
In a first of its kind event, the European Space Agency on Friday livestreamed images of Mars in what it called an opportunity "to get as close as it's currently possible" to the Red Planet.
Around the world, people can catch a sweet treat in the night sky this weekend.
Up until Friday, all images seen of the planet were technically of its past.
A new launch target was not announced, but Boeing officials said a flight this year is still feasible. In theory.
Scientists first made a brightness map of the exoplanet, then a temperature map of the atmosphere.
See the details of the bizarre case.
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.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Despite losing three quarters of the blood in her body, Donna Ongsiako was able to help police find the person who almost took her life.
Vero Beach Police investigators focused on cellphone tower pings and surveillance footage cameras to catch a man who murdered his former girlfriend.
The artificial intelligence revolution has arrived. AI tools such as ChatGPT offer the power to transform fields like business, art, medical research and more. But this technology also brings ethical uncertainty and peril. CBS Reports explores the unleashing of this still rapidly evolving creation and some of the possible dangers.
Two people were killed when a small plane crashed and caught fire near an airport in Tupelo, Mississippi, on Saturday.
Some U.S. company leaders are calling for their remote workers to return to the office. Meta this week announced that it was mandating that all workers return to the office for three days a week starting in September. Carter Evans has more.
Peter Henrikson, a carpenter from Minnesota, is using his woodworking skills to help rebuild Paris' famous Cathedral of Notre Dame four years after a fire tore through the roof of the historic structure.
June is Pride month, a celebration of LGBTQ life. But after years of hard-won civil rights gains for the LGBTQ+ community, there is a backlash that includes violence and tests of corporate commitment. Elise Preston has more.