Why there's no tax break for Social Security benefits in the new tax bill
Seniors are unlikely to get a break on paying taxes on their Social Security benefits, an issue that impacts more people each year.
MoneyWatch
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Walmart says it plans to raise prices despite lower U.S. tariffs
The world's largest retailer said wide-ranging levies on U.S. trade partners are impeding its ability to keep prices low.
Fed chief Jerome Powell warns that U.S. could face "supply shocks"
The Fed's warning echoes that of analysts who say U.S. companies could face inventory shortfalls as a result of tariff-induced supply chain issues.
Here's where it's toughest for the middle class to find an affordable home
Households earning $75,000 can afford only 1 in 5 for-sale homes, down from half of all listed properties before the pandemic, a new study finds.
These airlines had the most and least passenger complaints in 2024
Complaints against U.S. airlines soared to a record high in 2024 as carriers struggle with flight cancellations and delays, analysis finds.
GOP bill proposes new tax cuts. Here's how it could impact your money.
A Republican-backed House bill includes a range new tax breaks, including a $4,000 deduction for seniors. Here's what to know.
Ford recalls nearly 275,000 SUVs over possible brake damage
A bent brake line caused by faulty assembly may lead to reduced brake function, putting the driver and others on the road in danger.
Most Americans don't earn enough to afford costs of living, study finds
The bottom 60% of U.S. households don't make enough money to afford a "minimal quality of life," according to a new analysis.
Starbucks workers are striking over the chain's new dress code
More than 1,000 Starbucks baristas at 75 U.S. stores have gone on strike since Sunday, protesting the coffee giant's new dress code.
Managing Your Money
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3 insurance policies seniors should consider this spring
Following recent market volatility, seniors may benefit from securing one or more of these insurance policies now.
Can I still use my credit card after debt settlement?
The answer to that question isn't as straightforward as you might want, but the situation isn't hopeless, either.
How often should I invest in gold?
A gold investment offers timely benefits right now. But how often should you invest in the metal to earn them?
From Our Data Team
Tracking rising cost of cars, trucks, groceries ahead of Trump's tariffs
CBS News is tracking the rising cost of products most impacted by tariffs imposed and soon-to-be-imposed by President Trump, from grocery items to cars and trucks.
MoneyWatch price tracker shows how much food, utility, housing costs are rising
These charts track prices consumers pay for groceries and other goods now compared to five years ago.
Retirement
Americans fear going broke in retirement more than death, study finds
Allianz survey finds that nearly two-thirds of Americans are more worried about running out of money in retirement than they are about dying.
Here's the magic number Americans say they need for retirement
Americans have big financial goals for what they think they'll need for a comfortable retirement, a new survey finds.
3 questions to ask about your retirement savings when stocks plunge
The first weeks of the new Trump administration have sparked stock market jitters and recession fears. Here's advice from top experts.
Work
What has DEI actually done for U.S. workers and employers?
President Trump has painted a bullseye on diversity, equity and inclusion. But what exactly is DEI, and what has it achieved?
The best and worst U.S. states for finding a good job in 2024
Ample job opportunities, low unemployment and reasonable commute times make this the top U.S. state for job seekers, analysis finds.
Want to work at Chipotle? Be prepared to chat with AI.
Chipotle plans to deploy a conversational AI hiring system, dubbed "Ava Cado," across more than 3,500 restaurants.
U.S.
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Meet the horses running in the Preakness Stakes
The Preakness Stakes has a field of nine horses set to race Saturday in Baltimore for the 2025 running of the middle jewel of horse racing's Triple Crown.
Undocumented immigrant faces $1.82 million fine for failing to leave U.S.
The Florida woman and mother of three was charged $500 for every day she has remained in the U.S. since the removal order was issued in April 2005.
James Comey under investigation for posting "86 47" on Instagram, Noem says
Trump administration officials claim former FBI chief James Comey called for violence against the president — which Comey has pushed back on.
Northern California's commercial crab season under threat from migrating whales
A high-tech system that involves a remote-controlled pop-up balloon-like device is helping some fishermen from getting their crab cages entangled with humpback whales.
The courts where nationwide injunctions are originating
CBS News examined federal court data on challenges against the Biden and Trump administrations and found patterns in where the cases were brought.
MoneyWatch
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Small businesses face financial whiplash from Trump's changing tariffs on China
Many U.S. businesses are facing a dilemma of whether to pay more to ship from China at the current tariff rate of 30%, or wait in the hope that the Trump administration will lower the tariffs further.
Is TikTok down? Here's what to know.
Tens of thousands of TikTok users reported the social media service was down on Thursday, according to Downdetector.
Toxic environments are pushing workers to speak up, in some cases quit
There's a difference between an occasional disagreement and persistent abuse. Here's what to know.
Why there's no tax break for Social Security benefits in the new tax bill
Seniors are unlikely to get a break on paying taxes on their Social Security benefits, an issue that impacts more people each year.
Fed chief Jerome Powell warns that U.S. could face "supply shocks"
The Fed's warning echoes that of analysts who say U.S. companies could face inventory shortfalls as a result of tariff-induced supply chain issues.
Politics
More Politics
Undocumented immigrant faces $1.82 million fine for failing to leave U.S.
The Florida woman and mother of three was charged $500 for every day she has remained in the U.S. since the removal order was issued in April 2005.
James Comey under investigation for posting "86 47" on Instagram, Noem says
Trump administration officials claim former FBI chief James Comey called for violence against the president — which Comey has pushed back on.
The courts where nationwide injunctions are originating
CBS News examined federal court data on challenges against the Biden and Trump administrations and found patterns in where the cases were brought.
Trump's decision to lift Syria sanctions took Treasury staff by surprise
President Trump announced this week he will drop sanctions on Syria — surprising some senior Treasury officials, sources tell CBS News.
FEMA "not ready" for hurricane season, internal review says
The nation's disaster relief agency — rocked by staff cuts and a push for its elimination by President Trump — is "not ready" for hurricane season, which starts in just two weeks, an internal review said.
HealthWatch
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Infant is world's first patient to undergo personalized gene-editing treatment
KJ Muldoon became the first patient to undergo personalized CRISPR treatment, a therapy that found the one uniquely mutated gene out of 20,000 in his little body, and fixed it.
FDA to revisit approval of "yoga mat" bread ingredient banned in Europe
The FDA is prioritizing the review of some previously approved food additives, including ADA, dubbed the "yoga mat" chemical.
High levels of arsenic found in rice sold in stores across U.S., report finds
A report from the organization Healthy Babies, Bright Futures is bringing attention to toxic heavy metals and elements such as arsenic, cadmium, lead and mercury that could be in your rice.
Pain clinic CEO faced 20 years for fraud. He got 18 months.
Michael Kestner, CEO of Pain MD, was convicted of 13 fraud felonies after his company gave patients hundreds of thousands of questionable injections.
UC San Francisco's psilocybin therapy shows promise for Parkinson's patients
On a quiet plot of land in rural New Mexico, Jeff Deming feels like he's really living, once again.
World
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Trump's decision to lift Syria sanctions took Treasury staff by surprise
President Trump announced this week he will drop sanctions on Syria — surprising some senior Treasury officials, sources tell CBS News.
South African president to visit White House after Afrikaners arrive
South African President Cyril Ramaphosa earlier this week criticized White South Africans who claimed refugee status in the U.S. as "cowardly."
Chris Brown arrested in U.K. for alleged attack at London club in 2023
Singer Chris Brown has been arrested in England for allegedly hitting someone with a bottle in a London nightclub in 2023.
Basketball player from Dallas arrested in Indonesia over cannabis candy
Jarred Dwayne Shaw, 34, was arrested May 7 after police allegedly found more than 30 ounces of marijuana candies in his apartment.
Retired judge arrested over mass student disappearance in Mexico
Lambertina Galeana, a former senior judge, is accused of helping to conceal videos that allegedly showed the kidnapping of the Ayotzinapa students.
Entertainment
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Chris Brown arrested in U.K. for alleged attack at London club in 2023
Singer Chris Brown has been arrested in England for allegedly hitting someone with a bottle in a London nightclub in 2023.
$10,000 treasure chest buried in San Francisco reportedly found
A mysterious treasure chest that was buried in San Francisco by an anonymous group, containing gold and artifacts, has reportedly been found.
Tiny Desk Radio goes behind the scenes of NPR concert series
Every month, 20 million people listen to NPR's Tiny Desk concert series, which has brought in major stars like Alicia Keys, Taylor Swift and Doechii.
Blake Shelton returns to music with Gwen Stefani duet and talks new TV series
Blake Shelton is back with his 13th studio album, "For Recreational Use Only," featuring a duet with wife Gwen Stefani, and a new CBS singing competition show called "The Road."
Tiny Desk goes big with new radio show
NPR's popular Tiny Desk concert series now airs as a weekly radio show hosted by Bobby Carter and Anamaria Sayre. They join Nate Burleson to talk about the show's impact, evolution, and most memorable performances.
Technology
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Technology
How to clean up your digital footprint
Old accounts and forgotten photos can make you a target. CBS News Confirmed's Alex Clark shares how to delete your data and stay safe as internet scams reach a record $16.6 billion in losses.
Why are Trump, Musk in Saudi Arabia?
President Trump is in Saudi Arabia where his administration is looking to boost diplomatic ties through economic investment. CBS News reporter Taurean Small has the details.
How AI powered robots are helping small farms
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.
Big Tech stocks rise with CEOs in Saudi Arabia
The Dow Jones dipped on Tuesday, but Big Tech stocks saw gains as CEOs joined President Trump on his trip to Saudi Arabia. CBS News MoneyWatch correspondent Kelly O'Grady reports.
Microsoft to lay off 6,000 employees in cost-cutting move
The layoffs, impacting all levels at the company, come as the tech giant continues to post strong sales and profits.
Science
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Richard Garwin, a designer of the first hydrogen bomb, dies at 97
Garwin advised several presidents published more than 500 papers and was granted 47 U.S. patents.
Universe will die "much sooner than expected," researchers say
The universe is poised to die much faster than previously thought, according to new research by Dutch scientists.
Some U.S. cities are sinking, study finds
A new study shows the land under some of the largest cities in the U.S. is sinking. "Land subsidence" is the gradual setting or sudden sinking of the Earth's surface, according to the National Oceanic and Atmospheric Administration. Manoochehr Shirzaei, a co-author of the study, joins "The Daily Report" to discuss.
Rare New Zealand snail filmed laying egg from its neck
The strange reproductive habits of a large, carnivorous New Zealand snail were once shrouded in mystery. Now, footage of the snail laying an egg from its neck has been captured for the first time.
15 years after BP oil spill, Louisiana coast marine recovery still ongoing
In the summer of 2010, panic spread across the region when the Deepwater Horizon oil rig exploded in the Gulf.
Crime
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Crime
"Diddy" lawyers cross-examine Cassie
Warning: Some may find the details in this report disturbing. Sean "Diddy" Combs' attorneys cross-examined his ex-girlfriend, singer Cassie Ventura, on Day 4 of the hip-hop mogul's federal sex trafficking and racketeering trial. CBS News' Jericka Duncan reports and Christopher Melcher, a celebrity lawyer, joins "The Daily Report" to discuss.
Man pleads guilty in murder-for-hire plot, planned to feed victim to hogs
Jeal Sutherland, 57, planned to hire someone to kill a man who is the father of a child with his ex-partner.
Mom accused of aiding son in planned attack
A mother in San Antonio, Texas, has been charged with providing her son with the means to attack his middle school. CBS News national correspondent Janet Shamlian has more.
Chris Brown arrested in U.K. for alleged attack at London club in 2023
Singer Chris Brown has been arrested in England for allegedly hitting someone with a bottle in a London nightclub in 2023.
Kohberger's last hearing before murder trial
Bryan Kohberger, who is accused of killing four University of Idaho students in 2022, is back in court on Thursday for what is likely to be the final hearing before his trial starts this summer. CBS News correspondent Jonathan Vigliotti has more from Boise.
Space
More Space
Webb telescope captures images of Jupiter's auroras in stunning detail
Jupiter's stunning auroras are hundreds of times brighter than those seen on Earth, as pictured in new images taken by the James Webb Space Telescope.
May's full flower moon appears today. Here's how and when to see it.
May's full flower moon will light up the night sky.
Soviet-era spacecraft plunges back to Earth after 53 years stuck in orbit
Kosmos 482 was launched by the then-Soviet Union in 1972 as part of a series of missions bound for Venus. But this one never made it out of orbit around Earth, stranded there by a rocket malfunction.
Soviet spacecraft plunging back to Earth
A Soviet-era spacecraft that was meant to land on Venus in 1972 is plunging back to Earth. Marlon Sorge, an executive director at The Aerospace Corporation, joins CBS News with what to expect.
Soviet spacecraft is plunging back to Earth 53 years after launch
A Soviet-era spacecraft meant to land on Venus a half century ago is expected to plunge uncontrolled back to Earth within days.
Latest Galleries
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"No Kings": Protesters across country march against Trump, Musk
Protests against the Trump administration took place across the U.S. Saturday. The demonstrations were held to mark the 250th anniversary of the start of the Revolutionary War.
Notable Deaths in 2025
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
"Hands Off!": Americans across country protest Trump, Musk
Hundreds of thousands took to the streets, in Washington, D.C. and other cities across the United States, in opposition to the policies of Donald Trump, in the largest protests since he returned to the presidency.
Husband pieces together wife's last movements to find out how she was killed
A look into a grieving husband Jan Cilliers' investigative work after his wife Christy Giles and her friend Hilda Marcela Cabrales died after a night out.
The Scott Peterson case: New evidence?
Peterson's death sentence for the murder of his pregnant wife Laci has been overturned. Now his supporters are pushing for a complete retrial.
Latest CBS News Videos
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Latest CBS News Videos
Trump's strategy with Russia, Ukraine
Russian and Ukrainian officials were set to hold peace talks in Turkey, but the leaders of those countries are not expected to attend. Brian Taylor, the director of the Moynihan Institute of Global Affairs at Syracuse University, joins "The Daily Report" with analysis.
Business owner trying to survive amid tariff chaos
A small business owner is fighting to stay afloat amid the tariff chaos. Carter Evans reports.
Extreme heat's risks for pregnant women
Six million people are under heat advisories across the Central and Southern U.S. this week, with temperatures expected to be up to 35° above average. In Texas, temperatures reached triple digits, something historically uncommon for the month of May. CBS News medical contributor Dr. Céline Gounder explains the health concerns, especially for pregnant women.
Is FEMA prepared for hurricane season?
CBS News has obtained portions of an internal review warning the Federal Emergency Management Agency is not prepared for hurricane season. Nicole Sganga has more.
Reporter's Notebook: The budget's true meaning
The federal budget isn't just a policy document, it's a statement of values -- and a moral test. "CBS Evening News" co-anchor John Dickerson explains.