Boomer wealth transfer will mostly benefit the already rich, report finds
Trillions of wealth passed down by the baby boomers will likely go to younger Americans who are already rich. Here's how much they'll get.
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Trillions of wealth passed down by the baby boomers will likely go to younger Americans who are already rich. Here's how much they'll get.
Allianz survey finds that nearly two-thirds of Americans are more worried about running out of money in retirement than they are about dying.
Americans have big financial goals for what they think they'll need for a comfortable retirement, a new survey finds.
Inflation affects all areas of American life from grocery shopping to choosing where to live. A survey found that 37% of Americans are even neglecting their social lives due to high prices. Lifestyle expert Maureen Petrosky joins CBS News to discuss.
Baby Boomers have collected a lot over the years, leaving their children to figure out what to do with it all. Professional organizer Mindy Godding joins us to share expert advice on how to manage the overwhelming task of clearing out family heirlooms and belongings.
Gen Z employees will outnumber Baby Boomers in the U.S. workforce by the end of this year, according to a Glassdoor report. Scott Dobroski, career trend expert for Indeed, joins to discuss.
38% of Gen Z and millennials say they are having a harder time growing financial wealth compared to their parents at the same age, according to a new survey from Bankrate. Sarah Foster, an analyst at Bankrate, joined CBS News to discuss the findings.
1 in 4 older Americans may have to work longer or scrimp and save to make ends meet in their golden years, a new study suggests.
Baby boomers are outbuying and outbidding millennials in the U.S. housing market. Senior real estate reporter with Insider, James Rodriguez, joined CBS News to break down the trends among homebuyers.
Several races across the country made history this election season. CBS News Anchors Lana Zak and Errol Barnett spoke with the director of the University of Virginia's Center for Politics, Larry Sabato, about what this means for the U.S.
A growing number of baby boomers are experiencing homelessness amid rising rents and inflation. The number of homeless people over 55 is expected to swell to 225,000 nationwide by 2026, according to one study. Jonathan Vigliotti takes a look.
A new poll conducted by CreditCards.com shows that most parents with adult children have paid for a number of their expenses. A senior analyst for the site, Matt Schulz, joins CBSN to discuss this ongoing trend and its effects on the economy.
Millennials, born between the early '80s and mid-'90s, make up the largest living generation, bigger than Baby Boomers and Generation X. Their money, their attention and their votes are all in demand. But identifying millennials is complicated by a divide within the generation, with their formative years split by the financial crisis, smart phones and social media. Bianna Golodryga met some millennials to get their reactions to stereotypes about them. Refinery29 chief content officer Amy Emmerich also joins "CBS This Morning" to discuss the generation.
Baby boomers are reinventing their careers as many work past the traditional age of retirement. Reasons for working past age 65 include not being able to afford retirement and needing income or health benefits. Career coach John Tarnoff joins "CBS This Morning" to discuss his new book, "Boomer Reinvention: How to Create Your Dream Career Over 50."
Vice President Joe Biden said he will not seek the the Democratic party's nomination for president; Julia, a new character on Sesame Street, lives with autism
Financial planners are saying that four in 10 baby boomers have no retirement savings at all and nearly 70% have no pension plans. Anthony Mason has more on how many boomers are forced to continue working instead of enjoying retirement.
As people enter retirement, some may want to look into retiring in a college town. As Don Dahler explains, colleges are creating partnerships with retirement communities that benefit both retirees and the colleges.
Millions of baby boomers are approaching retirement or have already given up their jobs, but many don't want to kick back. Julianna Goldman reports on 75-year-old Seth Goldstein who's creating inventions for passion, not a paycheck.
Applications for senior roommates have tripled in New York over the past six years. Vinita Nair reports on how "Boomer Roomies" are helping one another.
Benji Backer, president and founder of the American Conservative Coalition, joins CBSN's Lana Zak with his insight into what is driving this generational gap over climate change and why the Republican Party has to move past being the party of climate denial.
Author Leigh Gallagher joins MoneyWatch's Amey Stone to discuss the changing face of American suburbia, what people are looking for when choosing a town to live in, and why many baby boomers are opting to stay in the city.
Some baby boomers are moving outside the U.S. to stretch their dollars.
Officials warning the nation about the coronavirus threat are increasingly worried that baby boomers and young adults are not heeding their advice. In Florida, spring breakers are taking advantage of the beaches that are still open. However, some college students are finally seeing a reason to be worried. Manuel Bojorquez speaks to a Vanderbilt University senior who tested positive for the virus.
The Cigna 2020 Loneliness Index found 61% of adults reported feeling lonely.
It was invoked by Chief Justice John Roberts in an age discrimination case.
U.N.-commissioned rights experts say there are "reasonable grounds" to believe the U.S. committed war crimes with strikes that killed scores of Iranian civilians.
This Sunday on 60 Minutes, Patrick Clancy talks about his grief, his memories of his children, and the baseless conspiracy theories that flooded social media since his ex-wife's murder trial.
President Trump ordered the Justice Department not to appeal a court ruling that loosened restrictions on firearms known as "gangster weapons," sources familiar with the matter told CBS News.
Matt Bell said he initially supported Trump's policies but now feels he and other farmers were "sold a bill of goods" that there was a plan to "put America's farmers and ranchers first."
A CBS News investigation finds that more than 600 people have died in crashes since 2024 with trucks operated by companies that had never been subjected to a roadside safety inspection.
Michael Desronvil, the lone holdout juror in the high-profile Lindsay Clancy murder trial, said he "didn't have any doubts" during deliberations.
Blair Township Supervisor Nicole Blonshine said she was told the aircraft was an F-16 but does not have "100% confirmation." The pilot parachuted out before it crashed, she said.
In court documents filed Wednesday by Rep. Joyce Beatty, a witness said he saw a "forklift run into and hit the pillars" of the building.
Ross Douthat's interview with Patrick Clancy and Dr. Rachel Danis airs Sunday on 60 Minutes.
Michael Desronvil, the lone holdout juror in the high-profile Lindsay Clancy murder trial, said he "didn't have any doubts" during deliberations.
President Trump ordered the Justice Department not to appeal a court ruling that loosened restrictions on firearms known as "gangster weapons," sources familiar with the matter told CBS News.
Matt Bell said he initially supported Trump's policies but now feels he and other farmers were "sold a bill of goods" that there was a plan to "put America's farmers and ranchers first."
The Iran war and Russia-Ukraine conflict are knocking out global refining capacity, pushing fuel prices higher, analysts said.
An F-16 fighter jet crashed in Grand Traverse County, Michigan, on Thursday, triggering an evacuation order along part of County Road 633, the county's emergency management said.
The Iran war and Russia-Ukraine conflict are knocking out global refining capacity, pushing fuel prices higher, analysts said.
The Fed's first rate hike in more than three years underscores the challenge of taming inflation as the Iran war drags on.
Nearly half of Americans with medical debt owe at least $2,000, forcing them to make tough choices, new research shows.
Getting rich in the U.S. is still possible, but the most common path to wealth doesn't involve working for other people, according to a new book.
OpenAI has disclosed six reports of "unexpected or concerning" behavior in artificial intelligence models as the debate on AI safety becomes increasingly heated.
President Trump ordered the Justice Department not to appeal a court ruling that loosened restrictions on firearms known as "gangster weapons," sources familiar with the matter told CBS News.
Matt Bell said he initially supported Trump's policies but now feels he and other farmers were "sold a bill of goods" that there was a plan to "put America's farmers and ranchers first."
One Senate Democrat scuttled a Republican-led effort to pass legislation aimed at shielding Americans from energy costs attributed to data centers, saying it didn't go far enough.
Richard Schroyer's nomination was held up in the Senate. The White House eventually pulled it.
Iranian forces in recent days have brought down at least two American MQ-1 unmanned aircraft, according to U.S. officials familiar with the matter.
Two-year-old conjoined twin sisters saw each other face-to-face for the first time after a successful 24-hour surgery to separate them. Ian Lee reports from the children's hospital in St. Louis, where it happened.
Nearly half of Americans with medical debt owe at least $2,000, forcing them to make tough choices, new research shows.
In the latest episode of "Healthful," Olympic gold medalist Aly Raisman discusses what she's learned about speaking up for herself and taking care of her body.
Selling retatrutide commercially is prohibited by federal law. Yet, companies have promoted the drug on social media, thanks in part to being certified by LegitScript.
A long-running lawsuit challenging what it means to be an employee and therefore have access to work-based health plans is being closely watched by health policy analysts.
Iranian forces in recent days have brought down at least two American MQ-1 unmanned aircraft, according to U.S. officials familiar with the matter.
Canada's leader draws regular scorn from President Trump, but European leaders gave him a standing ovation as they aim to push their ties to "the highest level."
The late Prince Diana's brother claims in a new book that King Charles had "contempt" for his ex-wife, telling him she would be forgotten "soon enough."
The paper was found inside a collection of early Christian manuscripts purchased by Utrecht University in the mid-20th century.
Human rights experts commissioned by the U.N.'s top human rights body say they have found "reasonable grounds" to believe the United States committed war crimes in two strikes in Iran.
Nine-time Emmy-winning costume designer Bob Mackie, who clothed such musical and comedic talents as Cher, Carol Burnett, Barbra Streisand and Liza Minnelli, died on Sept. 14, 2026 at age 87. In this Sept. 21, 2003 "Sunday Morning" profile, Mackie talked with correspondent Rita Braver about how a star-struck kid growing up outside Hollywood became a dressmaker to the stars, and what fascinates him about divas. He also talked about the tragic death of his son, Robin, from AIDS.
Jacob Tremblay, who stars in Netflix's new film, "Unabomber," sits down with "CBS Mornings" to discuss his career, working with Russell Crowe and what it was like to play a young Ted Kaczynski.
The 2026 Global Citizen Festival kicks off in New York City's Central Park in late September. Global Citizen co-founder Hugh Evans explains the charity work his organization does.
Ed Sheeran is facing intense public backlash after rapper Macklemore, who was set to open his upcoming tour dates, was dropped from the production over pro-Palestine comments. CBS News' Shanelle Kaul reports and Alex Suskind, news director at online music magazine Pitchfork, joins "The Daily Report" to discuss.
Judge Judy has been a staple of daytime TV for 30 years, but now televised courts are becoming a family affair with her son, Adam Levy, picking up the gavel and donning the robe for "Adam's Law." Judge Levy joins CBS News to preview the new show.
OpenAI on Thursday revealed an additional six incidents in which its artificial intelligence models exhibited unexpected or concerning behavior. Stuart Russell, a distinguished professor of computer science at UC Berkeley and president of the International Association for Safe and Ethical AI, joins CBS News to discuss.
From terror groups to possible existential threats to rogue bots, safety concerns over artificial intelligence have grown in recent weeks. Democratic Rep. Rick Larsen of Washington joins CBS News to discuss how Congress can act.
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.
FBI Director Kash Patel said this week the bureau is expanding its AI usage. That statement came just as OpenAI disclosed 6 new instances of "unexpected or concerning" AI behavior. Ian Krietzberg, AI correspondent at Puck News, joins "The Daily Report."
Amid growing concerns about the safety of artificial intelligence following resignations and reports of models going rogue, experts joined CBS News to unpack the potential threat AI could pose to humanity.
The footage shows a female humpback whale staying close to the dead calf as it lies motionless on the seafloor, touching it with its head and fin.
Archaeologists say they've discovered the remains of a likely ancient Egyptian warhorse given an honorific burial more than 3,000 years ago.
Artificial intelligence technology is developing at an "exponential" rate, Anthropic CEO Dario Amodei told CBS News, calling the situation a "warning sign" for the industry that requires serious safeguards.
Paleontologists have identified the first known trackway made by a full-grown Tyrannosaurus rex, and the discovery was made in the North Dakota badlands.
Ten research teams were honored at a satirical science awards ceremony that was hosted outside the U.S. for the first time due to travel concerns. A study of cockroach milk was among the winners.
Patrick Clancy and his new wife, fertility doctor Rachel Danis, sat down with 60 Minutes this week. Shanelle Kaul has a preview of the story, which airs Sunday.
Government roadside inspections of commercial trucks are declining. With that in mind, a CBS News investigation found more than 2,000 people have been killed since 2019 in accidents involving licensed trucking companies that had no roadside inspection on record before the crash. CBS News senior investigative data journalist Steve Reilly reports.
Philadelphia police, along with the FBI, are investigating possible serial murders in the city. This comes after investigators discovered evidence tied to at least five missing women in a home in the city's Olney neighborhood. CBS Philadelphia reporter Joe Holden has the latest.
Investigators are looking into photo and video evidence that appears to show missing women dead inside a so-called "house of horrors" in Philadelphia. CBS News' Jericka Duncan has more on the case.
The U.S. is investigating cyberattacks on two energy tankers to determine whether Iran was involved. CBS News' Nicole Sganga has what you need to know.
Scientists have discovered a crater on the moon that's bigger than the Roman Colosseum, the result of a powerful impact two years ago.
NASA's Roman Space Telescope launched shortly after daybreak from Kennedy Space Center and blazed toward an observation point 1 million miles away.
The $4.3 billion telescope is expected to discover tens of thousands of exoplanets while probing the nature of mysterious dark matter and energy.
President Trump plans to award the Congressional Space Medal of Honor to the crew of NASA's Artemis II mission in a ceremony Aug. 28.
The mission to save NASA's sinking space telescope has been called off, dooming the telescope to a fiery reentry later this year.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Dolly Parton, the country music legend who became a feminist icon, has died at the age of 80. Here is a look back at her life in pictures.
Sylvie Cachay was found dead in an overflowing bathtub at the exclusive Soho House in New York City on Dec. 9, 2010. A water leak at the hotel gave away a timeline that may have revealed her killer.
Summer is the time to enjoy live music, indoors and out. Scroll through our gallery of some of 2026's leading musical acts, featuring images by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
Matt Bell has been farming in North Carolina for more than half his life. He voted for President Trump but said farmers are "fighting for survival" as they combat rising prices.
President Trump has suggested that he might demolish the Kennedy Center in Washington, D.C. CBS News legal contributor Jessica Levinson breaks down the constitutional implications.
Patrick Clancy and his new wife, fertility doctor Rachel Danis, sat down with 60 Minutes this week. Shanelle Kaul has a preview of the story, which airs Sunday.
OpenAI on Thursday revealed an additional six incidents in which its artificial intelligence models exhibited unexpected or concerning behavior. Stuart Russell, a distinguished professor of computer science at UC Berkeley and president of the International Association for Safe and Ethical AI, joins CBS News to discuss.
From terror groups to possible existential threats to rogue bots, safety concerns over artificial intelligence have grown in recent weeks. Democratic Rep. Rick Larsen of Washington joins CBS News to discuss how Congress can act.