Dow has worst week since October on prospect of interest-rate hikes
Top Fed official says first rate increase could come as soon as next year, a year earlier than previous estimate.
MoneyWatch
Most stressful job during pandemic? Teaching
Learning new technology and juggling in-person with remote students were some of the toughest challenges they faced.
Equal pay in key jobs would boost 2 million Black Americans
Gap "can be solved by corporations and individuals in America adopting anti-racism as a core value," said one CEO.
Workers are resigning at record rates. That's good for economy
Workers want more pay, better conditions or to be their own boss — and for now, they're getting what they want.
Amazon Prime Day 2021: Discounts may not be all that prime
One-third of Americans plan to use some of their stimulus money to spend during the sales event June 21 and 22.
Morgan Stanley: If you want NYC salary, you need to be in NYC offices
"If you want to get paid New York rates, you work in New York," James Gorman said about returning to the office.
What's behind the push for a fourth stimulus check
As the IRS distributes the $1,400 stimulus payments, some lawmakers say the money won't last three months.
After a year stuck indoors, visitors are overcrowding national parks
Half a dozen national parks have instituted online reservation systems to spare visitors from hours-long wait times.
Child Tax Credit: Here's who will get up to $1,800 per child in cash
The expanded tax credit isn't available to all parents, and some recipients may be asked to repay the IRS next year.
Pricey brain-cancer drug no longer an option under Medicare
Seller of therapy that can cost up to $1,000 a capsule exited federal discount program in January. "It's all greed," one critic said.
IRS sending millions more additional stimulus checks
Another 2.3 million payments are landing in bank accounts and mailboxes, with some people getting "plus-up" payments.
8 million households face eviction or foreclosure within weeks
One homeowner in Alabama is five months behind on her mortgage and hopes she can strike a deal with her lender.
There's a nationwide bicycle shortage
Bike sales grew 55% between December 2020 and February 2021, causing a nationwide shortage heading into the summer.
Supreme Court sides with Cargill, Nestle in child slavery suit
The decision will make it harder to sue American companies for alleged human-rights violations outside the U.S.
Hundreds of companies observed Juneteenth before it became official
Conde Nast, Yelp join list of companies that have already been giving workers paid time off on Emancipation Day.
Latest News
New deadly illness posing challenge in India's COVID fight
The country has reported more than 28,000 cases of a rare fungal infection, now increasingly seen in COVID-19 patients and survivors.
9 children, 1 adult killed in accident on Alabama highway after storm
Eight of the fatalities were from one vehicle, a vehicle from Tallapoosa County Girls Ranch, part of the Alabama Sheriffs Youth Ranch.
Jon Rahm wins U.S. Open, his first major championship
Rahm made a bending 25-foot birdie putt on the 17th hole to catch Louis Oosthuizen, then buried another birdie putt on the final hole for a 4-under 67 and a one-shot victory.
How a militia group mobilized for the Capitol assault
The FBI calls the Oath Keepers an anti-government militia with current and former law enforcement and military members among its members. 60 Minutes profiles the group, which has become a central focus in the ongoing investigation of the January 6 attack on the Capitol.
"60 Minutes" interviews Derek Chauvin's prosecutors
Scott Pelley speaks with Minnesota Attorney General Keith Ellison and the prosecutorial team that convicted Derek Chauvin for the murder of George Floyd.
Biden spends Father's Day golfing with grandson
The first lady posted a photo of her late father and wrote that her "heart is with those who are also missing their dads today."
Body of 4th tuber found, 1 still missing after group goes over dam
The latest body recovered is that of a 7-year-old boy. A group of nine rafters floated over the dam on the Dan River in North Carolina. Four others were rescued.
Schiff says U.S. should go "on offense" vs. cyberattacks
Cybersecurity was a key topic during President Biden's summit with Russian President Vladimir Putin.
Pride parade participant accidentally drives into crowd, 1 dead
Police said the driver and both victims are members of the Fort Lauderdale Gay Men's Chorus.
Small Business
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One entrepreneurial path for Black Americans? The sneaker business
A new program from two entrepreneurs in Atlanta aims to entice Black Americans to become owners of shoe retailers.
The gardener by the Bay
Katie Delwiche's San Francisco gardening business is focused on growth — of her plants and in her clients' lives.
How to avoid getting buried in holiday debt
Consumers with credit card debt are willing to pile on even more during the holidays — that's a mistake, one expert says.
Their small business was big events — then they had to adapt
The Vintage Market had shows with up to 30,000 in attendance. After the pandemic, its owners found new ways to survive.
Behind on your rent or mortgage? Here's what to do
Renters should check local protections against evictions, while mortgage holders can negotiate with their servicer.
Retirement
More
More Americans are working into old age
A growing swath of seniors are working beyond 65, with many needing to supplement their paltry retirement savings.
How gig economy workers can save for retirement
Several types of plans are available, but figuring out which one is right for you can be confusing, so here's some help
When delaying your Social Security benefits pays off
The impact of your age when you begin collecting benefits can be more financially significant than you think
Claiming Social Security too early costs Americans $3.4 trillion
Only 4% of retirees claim the benefit at the optimal time. Everyone else is losing out on $111,000 per household
Hardship withdrawals from your company's 401(k)
The rules for hardship withdrawals are strict and the costs of taking money from your future retirement can be sky-high
World
More World
New deadly illness poses a challenge in India in COVID patients
The country has reported more than 28,000 cases of a rare fungal infection, now increasingly seen in COVID-19 patients and survivors.
New fossils reveal one of the largest land mammals ever found
About 25 million years ago, giant rhinos more than 16 feet tall roamed the Earth.
How to watch the full "strawberry" moon, the last supermoon of 2021
June's full moon is quickly approaching, and it marks the final supermoon of the year.
Iran elects hard-line president amid historically low voter turnout
Ebrahim Raisi dominated the election only after a panel under the watch of Supreme Leader Ayatollah Ali Khamenei disqualified his strongest competition.
Legendary sprinter dies of COVID-19 days after his wife
Popularly known as "the Flying Sikh," Singh was the first Indian athlete to win a gold medal at the Commonwealth Games.
U.S.
More U.S.
Body of 4th tuber found, 1 still missing after group goes over dam
The latest body recovered is that of a 7-year-old boy. A group of nine rafters floated over the dam on the Dan River in North Carolina. Four others were rescued.
Jon Rahm wins U.S. Open, his first major championship
Rahm made a bending 25-foot birdie putt on the 17th hole to catch Louis Oosthuizen, then buried another birdie putt on the final hole for a 4-under 67 and a one-shot victory.
Man wanted in 3 Oregon deaths arrested in Milwaukee
Nicholson forced a woman to drive him more than 2,000 miles to Wisconsin, where he surrendered to police.
1 dead after parade participant accidentally drives into crowd
Police said the driver and both victims are members of the Fort Lauderdale Gay Men's Chorus.
Biden spends Father's Day golfing with grandson
The first lady posted a photo of her late father and wrote that her "heart is with those who are also missing their dads today."
Politics
More Politics
Biden spends Father's Day golfing with grandson
The first lady posted a photo of her late father and wrote that her "heart is with those who are also missing their dads today."
Gottlieb says U.S. needs new vaccine strategy as pace of shots lags
"We need to think about a different vaccine delivery strategy to get the people who are still reluctant," Gottlieb said.
Fiona Hill welcomes new Russia sanctions over Navalny poisoning
Navalny was poisoned with Novichok, a Soviet-era nerve agent.
Transcript: Daniel Pink on "Face the Nation"
The following is a transcript of an interview with Daniel Pink that aired Sunday, June 20, 2021, on "Face the Nation."
Schiff says U.S. should go "on offense" in response to cyberattacks
Cybersecurity was a key topic during President Biden's summit with Russian President Vladimir Putin.
Entertainment
More Entertainment
Chappelle documentary is first Radio City show since March 2020
Masks weren't required inside Radio City Music Hall but proof of vaccination was.
Best movies streaming right now on Netflix
Looking for something fresh to watch? Here are the top films available on the streaming platform.
Bobby Flay on the next generation of cooking heroes
The cookbook author and Food Network star says inspiration for home cooks is now coming not just from TV chefs, but from TikTok.
New on Netflix, Amazon, Disney+, Hulu and more
Shows, movies and documentaries you'll want to stream soon.
Seth Meyers, late night's "Mr. Nice Guy"
The "Saturday Night Live" alum who has hosted "Late Night with Seth Meyers" since 2014 talks about leaving his COVID-lockdown attic and returning to the TV studio, and about whether his sunny reputation hides a dark side. (Spoiler alert: it doesn't!)
Technology
More Technology
Amazon Prime Day 2021: Discounts may not be all that prime
One-third of Americans plan to use some of their stimulus money to spend during the sales event June 21 and 22.
Follow these steps to stay secure and maintain privacy at home
The smart home office has never been more important. Here's how you can lock out hackers and cybercriminals.
Major airlines, banks among those hit by latest brief online outage
U.S.-based carriers and Australian banks were among those reporting disruptions. Similar waves of tech hiccups have hit in recent weeks.
China launches 3-man crew to its new space station
The three-man crew plans to spend three months aboard the Tianhe space station core module.
80% of ransomware victims suffer repeat attacks, new report says
A quarter of businesses surveyed ultimately shut down, with nearly one in three losing top leadership, either by dismissal or resignation, and 29% forced to eliminate jobs.
Science
More Science
How mRNA technology is altering vaccine treatments
Using messenger ribonucleic acid as a platform for delivering COVID vaccinations is just the beginning, as biotech companies like Moderna are looking at using mRNA to change the way we treat or prevent other diseases.
New fossils reveal one of the largest land mammals ever found
About 25 million years ago, giant rhinos more than 16 feet tall roamed the Earth.
How to watch the full "strawberry" moon, the last supermoon of 2021
June's full moon is quickly approaching, and it marks the final supermoon of the year.
Endangered snake species found thriving near San Francisco airport
A federal study showed nearby wetlands sustain some 1,300 San Francisco garter snakes — the largest concentration discovered to date.
Will China's fast pace in the space race fuel U.S. ambitions?
The U.S. government barred China from work on the International Space Station, so the Chinese are building their own - and fast.
Health
More Health
New deadly illness poses a challenge in India in COVID patients
The country has reported more than 28,000 cases of a rare fungal infection, now increasingly seen in COVID-19 patients and survivors.
You've been vaccinated. So do you need a vaccine card?
Millions of Americans are getting CDC-issued "vaccination record" cards. Here's what to do with them.
How mRNA technology is altering vaccine treatments
Using messenger ribonucleic acid as a platform for delivering COVID vaccinations is just the beginning, as biotech companies like Moderna are looking at using mRNA to change the way we treat or prevent other diseases.
Pricey brain-cancer drug no longer an option under Medicare
Seller of therapy that can cost up to $1,000 a capsule exited federal discount program in January. "It's all greed," one critic said.
Most stressful job during pandemic? Teaching
Learning new technology and juggling in-person with remote students were some of the toughest challenges they faced.
MoneyWatch
More MoneyWatch
Dow has worst week since October on prospect of interest-rate hikes
Top Fed official says first rate increase could come as soon as next year, a year earlier than previous estimate.
Most stressful job during pandemic? Teaching
Learning new technology and juggling in-person with remote students were some of the toughest challenges they faced.
Equal pay in key jobs would boost 2 million Black Americans
Gap "can be solved by corporations and individuals in America adopting anti-racism as a core value," said one CEO.
Workers are resigning at record rates. That's good for economy
Workers want more pay, better conditions or to be their own boss — and for now, they're getting what they want.
Amazon Prime Day 2021: Discounts may not be all that prime
One-third of Americans plan to use some of their stimulus money to spend during the sales event June 21 and 22.
Crime
More Crime
Man wanted in 3 Oregon deaths arrested in Milwaukee
Nicholson forced a woman to drive him more than 2,000 miles to Wisconsin, where he surrendered to police.
Attorneys offer surprising defense for men charged in Ahmaud Arbery killing
Attorneys on both sides of the case speak with "48 Hours" about the viral video of the fatal shooting — what they say it shows and what it doesn't.
3 killed, "dangerous" suspect sought after crime spree in Oregon
A suspect is believed to have killed three people in a wave of violence that included a hit-and-run crash and a shooting at a pot shop.
Shocking video shows kids caught in middle of NYC shooting
In the video, the 10-year-old girl can be seen hugging her 5-year-old brother, all while the gunman keeps firing.
What we know about the "unprecedented" Capitol riot arrests
"The Capitol Attack is likely the most complex investigation ever prosecuted by the Department of Justice," the government said in a court filing.
Space
More Space
Astronauts deploy solar array in second attempt
The successful solar array installation clears the way for another spacewalk Friday
How to watch the full "strawberry" moon, the last supermoon of 2021
June's full moon is quickly approaching, and it marks the final supermoon of the year.
Spacewalk planned for Sunday
On Sunday, two astronauts will venture outside the International Space Station to continue upgrades to its solar panels. With the operational lifespan of the ISS set to expire in 2024, NASA is hoping some upgrades will keep it running longer. CBS News Space Analyst Bill Harwood talks with CBSN Anchor Lana Zak about how the power upgrades factor into that plan and China's growing presence in space.
SpaceX launches GPS satellite with previously flown booster
Space Force officials say using previously flown boosters will save $64.5 million over three missions.
China launches 3-man crew to its new space station
The three-man crew plans to spend three months aboard the Tianhe space station core module.
Latest Galleries
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Cayley Mandadi death: A look at her final hours
After attending a music festival with her boyfriend in October 2017, Cayley Mandadi died from injuries she sustained that day -- but what exactly caused her death?
Ted Bundy: The serial killer's final years
Notorious serial killer Ted Bundy's murder spree ended when he was caught shortly after attacking several women at Florida State University in Tallahassee.
New on Netflix, Amazon, Disney+, Hulu and more
Shows, movies and documentaries you'll want to stream soon.
Richest people in the world
Forbes has updated their billionaires list, detailing the richest people around the world.
Richard Ramirez: The story, the evidence, the Night Stalker
Before the world knew Richard Ramirez as a convicted killer, he was known as the Night Stalker.
Latest Videos
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Latest Videos
Employment in America: A Shifting Workforce
CBSN and CBS MoneyWatch present "Employment in America: A Shifting Workforce." The special, anchored by Lana Zak, takes a look at the state of employment as a result of the coronavirus pandemic and includes valuable information for job seekers and career changers.
Father and son share special flight together
After flying planes for 10 years, Anselm Dewar finally had his father as a passenger. The two reflect on the special flight. Jericka Duncan has the story.
Shark sightings in South Africa becoming rare
Cape Town was once known as the great white shark capital of the world. But sightings of the large predators have become a rare occurrence over the last two years. Debora Patta has more.
China making progress on new space station
China has launched three astronauts on a three-month mission as part of the nation’s effort to build its own space station. Ramy Inocencio has the story.
India dealing with COVID and new deadly infection
In addition to its ongoing COVID-19 crisis, India is now dealing with Mucormycosis, a fungal infection that can be deadly, especially when a patient's immune system is weakened by the coronavirus. More than 28,000 Indians have contracted the infection, officials say. Chris Livesay has more.