More and more Americans are seeing their loan applications rejected. The Federal Reserve Bank of New York reported that rejection rates are up for many loans — including mortgages, auto loans and credit cards. John Vivian, senior director of finance consulting firm Potomac Global Partners, joins CBS News to help make sense of the lending landscape. Source

Critics of the cash bail system say it unfairly punishes poor defendants, often forcing them to spend months or years in jail before they go on trial. Source

CBS News has confirmed a letter from special counsel Jack Smith states that former President Donald Trump is a target of the investigation into the efforts to overturn the 2020 election that culminated on Jan. 6. The letter signals a possible new federal indictment of Trump, a month after he became the first former president to be federally indicted. CBS News chief election and campaign correspondent Robert Costa has more. Source

Police in Las Vegas are checking unsolved murders for any possible connection to the man suspected of killing four women in Long Island. Source

The Powerball jackpot for Wednesday’s drawing has hit an estimated $1 billion. Tuesday’s MegaMillions jackpot has also risen to $640 million. Source

A U.S. soldier is being detained in North Korea after officials said he crossed over into the country “willfully and without authorization.” The soldier had been released from military detention and was being escorted out of South Korea, but he somehow joined a tour group after going through airport security. CBS News senior White House correspondent Weijia Jiang has the latest on how the Biden administration is responding to the situation. Source

A first-of-its-kind fossil find in China suggests some early mammals may have hunted dinosaurs. Source

Former President Donald Trump said he received a target letter related to the Justice Department’s Jan. 6 investigation. Plus, Trump’s lawyers attended a hearing related to his handling of classified documents on Tuesday. CBS News chief election and campaign correspondent Robert Costa joins “America Decides” to unpack the latest developments in the investigations into Trump. Source

The model continued her trip on the island after the arrest. Source

Researchers found that, over three years, cognitive decline slowed by 48% in people with increased risk factors for dementia. Source