Here's how much money Americans think they need for retirement
Workers say they need 20% more than a year ago to retire, yet retirement savings are shrinking.
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Workers say they need 20% more than a year ago to retire, yet retirement savings are shrinking.
According to personal finance website GoBankingRates.com, 42 percent of Americans polled said they have less than $10,000 saved for their eventual retirement.
SurePayroll's General Manager Andy Roe investigates why a majority of small businesses offer little to no retirement plan options.
The U.S. Treasury Department has come up with a risk-free way to assist citizens who are without a 401K or retirement plan through their jobs.
Crystal Moradi has developed a career to help women pick up the financial pieces and wisely plan for retirement. Think of her as a personal financial trainer.
The coffee-chain giant, which has nearly 1,000 locations in Southern California, is looking to hire 400 new employees, with fifteen percent of the open positions at management level.
Whether you're 25 or 55, you know you'll want to retire one day – and to retire in comfort you must save. These five simple steps can help you make a big difference in your efforts to reach retirement with lots of money in your retirement account.
Most tax filers are getting a refund after they file their 2012 return. With the average refund running about $3,000, a lot of people will be thinking about what to do with the extra cash.
Former Mayor Richard Riordan says he has evidence that a low-level union member is behind an alleged illegal counter-campaign against his effort to change pensions plans for newly-hired public employees.
At a time when many people are worried about retirement money, you might be surprised some people are advising you can actually enjoy life sooner.
A 60-year-old woman was convicted of first-degree murder and conspiracy Wednesday for murdering her husband for his life insurance policy and retirement funds.
Standard & Poor's recent downgrading of the U.S. credit rating and the subsequent stock market plunge has local investors bracing for continued economic uncertainty. What are you doing to cope with and overcome the downturn?
Where do you think you're going? A new study says nearly 40 percent of workers aren't financially confident enough to jump into their golden years just yet.
As of 2:15 p.m., it wasn't clear what forced the closure.
The restaurant has been around since 1956 and has made its way into the fabric of Hollywood, with celebrity visits, a role in Quentin Tarantino's movie "Once Upon a Time … In Hollywood," and even high foodie honors from the James Beard Foundation's "America's Classic" award.
Two Southern California residents suspected of multiple felony and misdemeanor crimes and were arrested after a traffic stop in the Bay Area on Sunday evening, authorities said.
The tunnel is known to be an encampment, a Caltrans spokesperson said.
Uzo Aduba and Darren Criss announced the 2026 Tony nominees for select categories on "CBS Mornings" on Tuesday.
As of 2:15 p.m., it wasn't clear what forced the closure.
California's top insurance regulator says the state is seeking millions of dollars in penalties from State Farm after an investigation found the insurance company violated state law while handling claims from the 2025 Los Angeles-area wildfires.
The restaurant has been around since 1956 and has made its way into the fabric of Hollywood, with celebrity visits, a role in Quentin Tarantino's movie "Once Upon a Time … In Hollywood," and even high foodie honors from the James Beard Foundation's "America's Classic" award.
Two Southern California residents suspected of multiple felony and misdemeanor crimes and were arrested after a traffic stop in the Bay Area on Sunday evening, authorities said.
The tunnel is known to be an encampment, a Caltrans spokesperson said.
The restaurant has been around since 1956 and has made its way into the fabric of Hollywood, with celebrity visits, a role in Quentin Tarantino's movie "Once Upon a Time … In Hollywood," and even high foodie honors from the James Beard Foundation's "America's Classic" award.
The crash happened at around 10:05 p.m. near the McDonald's at the intersection of Sherman Way and Sepulveda Boulevard, police said.
A security camera captured the intense encounter between a family's pet cat and a wild coyote in a Los Angeles County neighborhood.
The fire was reported at around 8:50 p.m. on Monday in a tunnel that runs underneath the 110 Freeway near Wilmington.
California gas prices reached their highest mark since 2023 as the last oil shipment from the Strait of Hormuz arrived at a Los Angeles County port.
Some light showers could pass through Southern California overnight on Monday and Tuesday.
Following the Orange County death of victim Ed Ashman on Thursday, new charges of involuntary manslaughter for the teen's mother were announced by the DA on Friday.
Ocean experts say to expect more shark sightings through the summer. "It is gearing up to be a sharky summer," said Chris Lowe, the director of the Shark Lab at California State University, Long Beach.
The redesignation of All American Way to Charlie Kirk Way is "in honor of slain activist Charlie Kirk," according to Westminster City Council documents. The name change was approved by the city council in a 4–1 vote last fall.
The crash happened at around 11:50 a.m. near Newland Street, police said.
Some light showers could pass through Southern California overnight on Monday and Tuesday.
San Bernardino County Sheriff's Department deputies fatally shot a man who was wanted in connection with an alleged assault in the Oak Hills area, near Hesperia, on Saturday.
Riverside County firefighters have fully contained the Gopher Fire, which broke out in southern Riverside County on Saturday afternoon and temporarily forced evacuation orders for some residents.
The team will move from El Segundo to the Coachella Valley beginning with the 2026-27 season.
The Sunshine Motel, at 570 N. H Street, was also found to be unsafe due to health and safety violations and was red-tagged for closure.
Search and rescue efforts were still underway Tuesday after two U.S. Army soldiers went missing in the ocean off Morocco's southern coast over the weekend while off duty during a training exercise.
A federal judge on Monday sharply criticized the treatment of accused White House Correspondents' Dinner attacker Cole Allen, at one point apologizing to the defendant for what he saw as overly restrictive and punitive conditions in jail.
A trial in the lawsuit between Blake Lively and Justin Baldoni was set to begin later in May.
EBay said on Monday that it will "carefully review" GameStop's unsolicited $ 125-per-share takeover offer.
At least 18 people were at hospitals following a shooting at a party at Arcadia Lake, near Oklahoma City, police say.
A federal judge on Monday sharply criticized the treatment of accused White House Correspondents' Dinner attacker Cole Allen, at one point apologizing to the defendant for what he saw as overly restrictive and punitive conditions in jail.
The 81-year-old former New York City mayor has been hospitalized for pneumonia, his spokesperson said.
Los Angeles mayoral candidate Spencer Pratt lashed out at his opponents in a new attack ad.
President Trump said earlier this week he was reviewing the possible reduction of troops in Germany, which hosts more than 35,000 U.S. service members.
Negotiations over a $500 million dollar government aid package for Spirit stalled after bondholders balked at the terms.
Voters in California may soon decide on a ballot measure that seeks to help the state's middle class afford to buy a home, by establishing a $25 billion loan program that would provide down payment assistance.
Some Trader Joe's shoppers will get a payout after a lawsuit alleged that the retailer's customer receipts put shoppers at risk of ID theft.
California Attorney General Rob Bonta and local prosecutors urged parents to check their children's e-bikes, saying some of the vehicles may be motorcycles or mopeds capable of high speeds.
San Francisco officials said Tuesday that the city has filed a lawsuit against leading manufacturers of ultra-processed foods, accusing them of producing products linked to serious health issues and alleging that the companies knowingly made the foods addictive.
A bill that would reverse a 25% tax increase on California's legal cannabis industry is heading to Gov. Gavin Newsom's desk, after being approved by the legislature.
An unlicensed cosmetologist from Florida has been found guilty in a California court for providing an injection that killed a model who was known as a Kim Kardashian lookalike, prosecutors said.
LA County public health officials issued a bacteria warning at several beaches as a potentially record-breaking heat wave arrives in Southern California.
Food containing norovirus may smell and taste normal but still cause serious illness if consumed, FDA warns.
HHS Secretary RFK Jr. wants the popular coffee chains to prove their surgery drinks are safe for teens and suggested the Trump administration could place limits on your cup of coffee.
Tests of dozens of baby formulas by Consumer Reports found that nearly half contained potentially dangerous chemicals.
Voters in California may soon decide on a ballot measure that seeks to help the state's middle class afford to buy a home, by establishing a $25 billion loan program that would provide down payment assistance.
Some Trader Joe's shoppers will get a payout after a lawsuit alleged that the retailer's customer receipts put shoppers at risk of ID theft.
California Attorney General Rob Bonta and local prosecutors urged parents to check their children's e-bikes, saying some of the vehicles may be motorcycles or mopeds capable of high speeds.
A home-based food movement has been heating up in California, with home cooks turning their beloved family recipes into small businesses.
More than a dozen cities and counties across California were given a "final warning" from state officials Wednesday, saying they have failed to properly plan for additional new homes amid the state's lack of affordable housing.
Ivan Barbashev scored off a terrific pass from Pavel Dorofeyev with 4:58 left to put the Golden Knights ahead for good, and Vegas went on to defeat the Anaheim Ducks 3-1 on Monday night in the opener of their second-round series.
Munetaka Murakami hit his 14th homer and Miguel Vargas also went deep as the Chicago White Sox beat the Los Angeles Angels 6-0.
Kyle Tucker homered and drove in two runs against his former team to lead the Los Angeles Dodgers to a 8-3 win over the Houston Astros.
Mark Vientos hit two home runs and right-hander Clay Holmes allowed one run in 6 2/3 innings as the New York Mets beat the Los Angeles Angels 5-1 on Sunday.
Justin Wrobleski tossed six scoreless innings to help the Los Angeles Dodgers beat the St. Louis Cardinals 4-1 to snap a four-game losing streak.
Uzo Aduba and Darren Criss announced the 2026 Tony nominees for select categories on "CBS Mornings" on Tuesday.
A trial in the lawsuit between Blake Lively and Justin Baldoni was set to begin later in May.
Rihanna, Sabrina Carpenter, Madonna, and Beyoncé all wore their best looks to celebrate the "Costume Art" theme at the 2026 Met Gala. Here are some of the best moments, photos, and more from the night.
Just a week after the two-weekend Coachella Music Festival left Indio, the Empire Polo Club grounds were flooded by country music fans for Stagecoach. Police arrested 119 people during the three-day event, most of whom were arrested for possession of alcohol under 21 years of age.
The Stagecoach Music Festival was evacuated on Saturday night due to extreme winds blowing in the area.
The Garner Holt Teen Innovation Center at the Boys & Girls Clubs Hansberger Clubhouse in Redlands offers hands-on technology learning, with 3D printers, modeling software, and more.
Sarah Lawrence of Cali Craft Cocktails joins CBS LA to show off some of her famous margarita recipes.
May is National Foster Care Awareness Month, and LA County is searching for foster parents who are looking to make a difference. Anthony J. Cervantes, DCFS Children's Social Worker, and Oshelyn, a former youth in foster care, join CBS LA to talk about their experiences.
Teens are solo traveling more than ever. How can parents ensure they're staying safe? Parenting journalist Donna Tetreault shares some tips.
Jen Hanley, Head of North American Safety at Meta, speaks to CBS LA's Kristine Lazar about the company's new tools for online teen safety.
Widely considered the greatest architect of his time, Frank Gehry helped shape Los Angeles' skyline.
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.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
The Franklin Fire in Malibu quickly grew overnight and threatened several homes. Evacuation orders were issued and Pepperdine University instructed students to shelter in place.
Several people have been injured and multiple homes burned after the Mountain Fire broke out Wednesday morning in Ventura County, burning over 10,000 acres within hours.