Here's how much income it takes to be considered rich in your state
The income needed to join your state's top earners can vary considerably, from a low of $329,620 annually in West Virginia to $719,253 in Washington D.C.
The income needed to join your state's top earners can vary considerably, from a low of $329,620 annually in West Virginia to $719,253 in Washington D.C.
It takes substantially more money to be considered an ultra high net worth individual.
American women have pulled ahead of men when it comes to building wealth through homeownership, according to LendingTree.
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.
It's not the first time Henson has spoken out on this topic, revealing that she only made $150,000 for her Academy Award-nominated role in "The Curious Case of Benjamin Button."
There is a disconnect in most U.S. markets of how much money people are earning, and how much it would cost to buy a home. CBS MoneyWatch associate managing editor Aimee Picchi joins CBS News with data on how much houses cost in major cities around the country.
Americans were able to save more money during the pandemic because they were spending less due to lockdown restrictions, but new data from the Federal Reserve shows that excess money has now run out for most people. Alex Tanzi, a senior editor for the U.S. economy team at Bloomberg, joined CBS News to discuss how the rich have gotten richer and everyone else has, at best, what they had before the coronavirus pandemic.
High prices and interest rates are still weighing on personal budgets.
The most disadvantaged communities around the U.S. are rural and suffer from a history of injustice, a new book finds.
Students from middle-income families are the least likely to gain admission to elite universities in the U.S., Harvard researchers say.
There are now about 130 guaranteed income pilot programs in the U.S., offering monthly stipends of anywhere from $50 to $1,500, according to data from the Economic Security Project.
Five reports released this week outline the ways race-based discrimination continues to pervade society.
A new study suggests ways the IRS could solve an algorithmic bias that has harmed low-income and Black taxpayers.
Tax cuts enacted under President Donald Trump have allowed rich to become richer while national debt has soared.
With COVID accelerating the arrival of the ultra-wealthy, Teton County in Wyoming is now home to the widest income divide in America, with a median house price of more than $3.5 million, squeezing out the middle class.
The bill failed for a second time, and Democrats are trying to use Republicans' opposition to shift public opinion on immigration in their favor.
The 2024 Atlantic hurricane season officially starts on June 1 and ends on November 30. Here are the details on NOAA's forecast for this year.
As Donald Trump's New York criminal trial concludes, most Americans believe he's guilty of a crime but are much less sure about what the jury will decide.
In the first 21 days of May, Border Patrol agents recorded a daily average of roughly 3,700 migrant apprehensions between ports of entry, a 54% decrease from December.
The abortion pill legislation could be a template for other states to take aim at the medication commonly used in early-stage pregnancies.
Justice Samuel Alito has come under scrutiny after the New York Times reported two instances of controversial flags flown outside his Virginia and New Jersey houses.
New legislation could hold people accountable who share non-consensual deepfake porn images online.
Louisville police released dashcam footage and video taken by a street camera outside the golf course.
The Supreme Court reversed a decision from lower court that found GOP lawmakers improperly used race when designing one of South Carolina's congressional districts.
Parents can spend more than $100 a month on diapers, a financial strain for millions of U.S. households.
Airfares are down, but the cost of summer travel will still be higher compared with before the pandemic.
In the first 21 days of May, Border Patrol agents recorded a daily average of roughly 3,700 migrant apprehensions between ports of entry, a 54% decrease from December.
As Donald Trump's New York criminal trial concludes, most Americans believe he's guilty of a crime but are much less sure about what the jury will decide.
A look at the features for this week's broadcast of the 2023 News & Documentary Emmy-winner for Outstanding Recorded News Program, hosted by Jane Pauley.
Parents can spend more than $100 a month on diapers, a financial strain for millions of U.S. households.
Airfares are down, but the cost of summer travel will still be higher compared with before the pandemic.
Used by more and more companies, artificial intelligence programs play a pivotal role in hiring, housing and medical decisions for millions of Americans.
The discount carrier, which has long withheld its fares from travel sites, said it wants to extend the reach of Southwest.com.
Continued demand and lack of inventory are driving up the prices of homes at a time when mortgage rates are also climbing.
In the first 21 days of May, Border Patrol agents recorded a daily average of roughly 3,700 migrant apprehensions between ports of entry, a 54% decrease from December.
As Donald Trump's New York criminal trial concludes, most Americans believe he's guilty of a crime but are much less sure about what the jury will decide.
Justice Samuel Alito has come under scrutiny after the New York Times reported two instances of controversial flags flown outside his Virginia and New Jersey houses.
New Hampshire's attorney general announced Thursday that Steve Kramer was indicted on 26 charges in the state and the FCC said he had been fined $6 million.
New legislation could hold people accountable who share non-consensual deepfake porn images online.
Parents can spend more than $100 a month on diapers, a financial strain for millions of U.S. households.
Singer and actor Nick Jonas says these three things help him take care of his mental health as part of his Type 1 diabetes management.
A Michigan farmworker has been diagnosed with bird flu after being in contact with cows presumed to be infected, state health officials announced in a statement Wednesday.
A firefighting foam known as AFFF contains PFAS, also known as "forever chemicals," that have been linked to cancer.
Actor Taye Diggs is opening about a mental health condition that has affected his younger sister Christian: schizophrenia, which impacts how a person thinks, feels and behaves.
President Biden on Thursday announced his intent to designate Kenya as a major non-NATO U.S. ally, the first such designation for a sub-Saharan African country.
Toronto's WNBA expansion team is expected to play its first game in 2026. A team name has not yet been announced.
The climb by Joshua Cheruiyot Kirui, a 40-year-old banker at Kenya Commercial Bank, had been closely followed in Kenya.
The sister of an Israeli hostage seen in a Hamas video says the world needs to see the grim images, because "people are forgetting."
Deadly unrest on France's far-flung Pacific territory of New Caledonia has drawn a hasty visit by President Emmanuel Macron.
Grammy-winning artist Lenny Kravitz gets personal with "CBS Mornings" co-anchor Gayle King, sharing his perspective on finding love and whether he's open to it right now.
Grammy-winning artist Lenny Kravitz tells "CBS Mornings" co-anchor Gayle King about his thoughts on finding love and says he's "just open" right now.
"The Miseducation of Lauryn Hill" topped Apple Music's list while Michael Jackson's "Thriller," Stevie Wonder's "Songs in the Key of Life" and Nirvana's "Nevermind" finished in the top 10.
Radio host Charlamagne tha God is known for his straightforward opinions on "The Breakfast Club." In his new book, "Get Honest or Die Lying," he writes about the impact of having meaningful conversations.
"CBS Mornings" co-anchor Gayle King sits down with music legend Lenny Kravitz to talk about his upcoming album, growing up in New York City, overcoming his insecurities and more.
New legislation could hold people accountable who share non-consensual deepfake porn images online.
Artificial intelligence can create fake images and videos of real people, including so-called deepfake porn. Congress is now considering a bill to make it illegal to share those images, exposing those who post deepfake porn to jail time and a hefty fine. There were more than 21,000 deepfake porn videos online last year.
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.
Amazon's Alexa voice assistant is getting an upgrade to make it more conversational and intuitive as Amazon tries to compete with newer chat models introduced by Google and OpenAI. Eugene Kim, chief technology correspondent for Business Insider, joined CBS News to discuss the changes.
Nebraska sued social media giant TikTok and its parent company ByteDance, claiming the platform targets minors with "addictive design" and alleging it's "fueling a youth mental health crisis."
Shining galaxies, a purple and orange star nursery and a spiral galaxy are among the new images.
New research indicates the sun's magnetic field originates much closer to the surface than previously thought, a finding that could help predict extreme solar storms.
The National Oceanic and Atmospheric Administration released new 2024 weather outlooks for the summer. CBS News Chicago meteorologist David Yeomans breaks down how the predictions may be connected to climate change.
The Environmental Protection Agency is urging water systems to take immediate actions to protect the nation's drinking water from cyberattacks. CBS News homeland security and justice reporter Nicole Sganga joins to discuss.
The 40-mile-long river branch, which ran by the Giza pyramid complex, was hidden under desert and farmland for millennia, scientists said.
Court documents reveal new details about the murders of Veronica Butler and Jilian Kelley in rural Oklahoma earlier this year.
U.S. Customs and Border Protection said that the six tons of meth were found in hundreds of packages hidden in the shipment.
Family members of the victims of the mass shooting in Uvalde, Texas, have agreed to settle their lawsuit against the city for around $2 million. It includes money for the graves of the victims. Lawyers also announced a new lawsuit, this one against the state of Texas.
The Drug Enforcement Administration says it seized over 79 million fake pills containing fentanyl in 2023, a more than 33% increase from the year before. To combat the crisis, officials are cracking down on drug traffickers by targeting online retailers selling pill presses. CBS News homeland security and justice reporter Nicole Sganga explains.
The family members of Uvalde school shooting victims announced Wednesday a $2 million settlement with the Texas city. Law enforcement agencies who responded to the 2022 mass shooting at Robb Elementary School have come under scrutiny for their actions during the attack. Josh Koskoff, a lawyer representing the victims' families, spoke at a press conference.
Shining galaxies, a purple and orange star nursery and a spiral galaxy are among the new images.
NASA managers have ordered additional reviews of a small helium leak in Boeing's Starliner spacecraft to make sure it can be safely launched as is.
May's full moon will peak on Thursday morning, but the Flower Moon already appears full.
New research indicates the sun's magnetic field originates much closer to the surface than previously thought, a finding that could help predict extreme solar storms.
NASA ruled out a planned Saturday launch of Boeing's Starliner to allow more time for analysis of a small, but persistent helium leak in the ship's propulsion system.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
A look back at the hallowed career of the indie "B-movie" filmmaker, known for exploitation films, monster flicks, and some bizarre movie posters.
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.
The Francis Scott Key Bridge in Baltimore collapsed early Tuesday, March 26 after a column was struck by a container ship that reportedly lost power, sending vehicles and people into the Patapsco River.
When Tiffiney Crawford was found dead inside her van, authorities believed she might have taken her own life. But could she shoot herself twice in the head with her non-dominant hand?
At least nine people were killed and dozens more injured when strong winds caused a stage to collapse during a rally for Mexican presidential candidate Jorge Álvarez Máynez in the Mexican state of Nuevo Leon Wednesday. Omar Villafranca reports.
Here's a look at the top stories making headlines on the "CBS Evening News with Norah O'Donnell."
The Louisiana Senate on Thursday passed a bill that would make it the first state in the nation to reclassify the abortion medications misoprostol and mifepristone as "controlled dangerous substances," making it illegal to possess them without a prescription. Republican Gov. Jeff Landry is expected to sign the bill into law. Caitlin Huey-Burns has more.
Saturday marks four years since the murder of George Floyd. Since then partisan disagreements in Washington, D.C., have stalled efforts to pass national police reform legislation. CBS News campaign reporter Taurean Small has more from Minneapolis.
Former President Donald Trump's criminal trial in New York is set for closing arguments next week. A new CBS News poll is revealing more about what Americans think about the case. CBS News deputy director of elections and data analytics Kabir Khanna unpacks the findings.