Dan Price, CEO who cut his pay so workers earned $70,000, quits
Chief executive who slashed his own pay to cover the cost of employee raises is stepping down to fight "false accusations."
MoneyWatch
Latest News
Surging school supply costs affect families
Back-to-school spending in total is expected to match the record high set in 2021: $37 billion.
The U.S. states where your retirement dollars stretch further
Retirees wanting the biggest bang for their buck should consider moving to the South or Midwest, a new study found.
Popular TikTokers are calling out Amazon's labor practices
Dozens of creators on the video platform want their peers to blacklist the retail giant over its labor practices.
U.S. announces trade talks with Taiwan and China immediately shows its wrath
Beijing warned Washington not to encourage Taiwan to try to make its de facto independence from China permanent, a step Beijing says would lead to war.
Dodge unveils all-electric version of its Charger muscle car
The Dodge Charger Daytona SRT features a special exhaust system that replicates the roaring sound of V8 engine.
Judges who sent kids to for-profit jails ordered to pay $200M
One judge ordered children as young as 8 to detention, many of them first-time offenders convicted of minor crimes.
Only one U.S. state has seen rents fall over the past year
Rents have soared nearly 40% over the last year, with the typical 2-bedroom fetching more than $2,100 a month.
Apple warns of security flaw for iPhones, iPads and Macs
Apple said the vulnerability would allow a hacker to impersonate a device's owner and subsequently run any software in their name.
Managing Your Money
More
What kind of mortgage can you qualify for?
When looking to buy a home it's helpful to know which types of mortgage loans you're qualified for.
How much should you pay for life insurance?
Factors like your age, health and family history will all determine how much you pay for life insurance.
Do you need a home warranty?
A home warranty can help protect you and your family by covering the costs of household repairs and appliances.
Money Tech
Google workers demand abortion protections, data privacy
Employees want parent company Alphabet to strengthen privacy for Google users searching for abortion information.
Popular TikTokers are calling out Amazon's labor practices
Dozens of creators on the video platform want their peers to blacklist the retail giant over its labor practices.
New tax credits for EVs look generous — but they're complicated
While many EVs qualify for tax credits under inflation bill, no cars sold today likely would get the full $7,500 rebate.
Online prices fall for the first time in two years
Drop in online prices, driven by discounts on electronics and apparel, raises hopes inflation may be turning the corner.
Bankrupt company drops plan to rehire ex-CFO at $93K a month
Investors had panned the proposal while pleading for release of frozen funds: "I'm begging you," wrote one 72-year-old woman.
Amazon to buy Roomba vacuum maker iRobot for $1.7 billion
Robotic vacuum cleaner manufacturer will also lay off 10% of its workers as sales slump.
Want to cool off in a swimming pool? There's an app for that
Swimply lets private pool owners rent them by the hour, while helping people beat the heat.
Twitter posts quarterly loss ahead of Elon Musk legal fight
Fight with Musk taking a toll, but social media company sees nearly 17% gain in users from the previous year.
Apple slows hiring as tech industry tightens belt, report says
Other tech industry bellwethers are also trimming jobs as they brace for slower consumer spending.
Latest News
Judge says part of Trump search affidavit could "presumptively be unsealed"
Prosecutors revealed the investigation into Trump's handling of classified documents is "in its very early stages."
Former Trump Org. exec pleads guilty to fraud, agrees to testify against company
Weisselberg admitted to receiving more than $1.7 million in off-the-books perks and compensation from the Trump Organization.
Three inmates indicted in prison killing of Whitey Bulger
Fotios "Freddy" Geas, 55, Paul "Pauly," J. DeCologero, 48 and Sean McKinnon, 36, were charged with conspiracy to commit first degree murder.
DeSantis' election police force announces arrests of 20 for voter fraud
The voters had been convicted for murder or sexual assault, and do not have their voting rights restored, according to Florida law.
Bruce Reinhart unsealed: The magistrate at the center of DOJ's Trump probe
His friends say he remains unfazed by the political vortex swirling around him and the threats he's facing since he approved the FBI's warrant to search Mar-a-Lago last week.
"Cannibal" solar ejection expected to hit Earth this week
The storm could hit as soon as Thursday, NOAA said.
U.S. monkeypox cases pass 14,000-mark as Biden promises more vaccine doses
Cases are up over 30% from just a week ago.
Several killed after two planes crash in midair while trying to land
Three people total were aboard the planes when they collided.
NBC News' Richard Engel announces death of 6-year-old son
Richard Engel and his wife had been open about their 6-year-old's battle with a rare genetic condition.
Small Business
More
Small business faces big challenges: Inflation and 18-hour days
"Would you be comfortable paying $36 for a hamburger? That's kind of what it's worth," says restaurant owner Jenna Petersiel.
For small businesses, looming recession brings uncertainty
But Jessica Johnson-Cope, CEO of a family-owned security services company, remains optimistic even as the U.S. economy darkens.
Want to cool off in a swimming pool? There's an app for that
Swimply lets private pool owners rent them by the hour, while helping people beat the heat.
How to use your car to earn cash without driving for a living
You don't have to work for Uber or Lyft to make money using your car. Instead, just wrap it in ads.
Optimism among small business owners at historic low amid inflation surge
Nationally, 85% of small businesses experienced financial challenges in the last year, according to the Small Business Credit Survey.
Retirement
More
Dems propose raising taxes on high earners to preserve Medicare
Sens. Joe Manchin and Chuck Schumer craft a scaled-back version of the economic package thwarted by Manchin last year.
A common retirement strategy can erode your savings: watchdog
Workers who move 401(k)s into IRAs can lose significant money to a choice they didn't have to make, new analysis shows.
How can you financially prepare for a recession?
"The quicker you move, the more agency you have in reducing the impact of a recession," one expert says.
Stock drop has erased $3 trillion in retirement savings this year
With Americans' nest eggs mostly held in 401(k)s and IRAs, the swoon could force many to delay their retirement.
Social Security bill would give seniors an extra $2,400 a year
Some lawmakers want to revise the retirement program to shore up its funding and boost benefits for its 69 million recipients.
U.S.
More U.S.
Apple warns of security flaw for iPhones, iPads and Macs
Apple said the vulnerability would allow a hacker to impersonate a device's owner and subsequently run any software in their name.
Several killed after two planes crash in midair while trying to land
Three people total were aboard the planes when they collided.
Bidding wars send rent prices soaring as home sales decline
"I'd never have expected that there'd be a bidding war for a 12-month lease."
U.S. monkeypox cases pass 14,000-mark as Biden promises more vaccine doses
Cases are up over 30% from just a week ago.
DeSantis' election police force announces arrests of 20 for voter fraud
The voters had been convicted for murder or sexual assault, and do not have their voting rights restored, according to Florida law.
MoneyWatch
More MoneyWatch
Apple warns of security flaw for iPhones, iPads and Macs
Apple said the vulnerability would allow a hacker to impersonate a device's owner and subsequently run any software in their name.
Bidding wars send rent prices soaring as home sales decline
"I'd never have expected that there'd be a bidding war for a 12-month lease."
Black farmers say Inflation Reduction Act reneges on promises
"This is just like the 40 acres and a mule," one farmer said. "You get promises, but you never actually get it."
Apple to release iPhone 14 on September 7: Bloomberg
New device expected to have a better camera and longer battery life, while top-of-the-line Pro may have A16 chip.
Smith & Wesson CEO blames politicians, media for gun violence
After declining to appear before Congress, chief executive says weapons maker "will never back down" in firearms debate.
Politics
More Politics
DeSantis' election police force announces arrests of 20 for voter fraud
The voters had been convicted for murder or sexual assault, and do not have their voting rights restored, according to Florida law.
Alabama GOP group apologizes after posting KKK imagery on its Facebook page
The Lawrence County Republican Party Facebook page has since been deleted.
Bruce Reinhart unsealed: The magistrate at the center of DOJ's Trump probe
His friends say he remains unfazed by the political vortex swirling around him and the threats he's facing since he approved the FBI's warrant to search Mar-a-Lago last week.
Black farmers say Inflation Reduction Act reneges on promises
"This is just like the 40 acres and a mule," one farmer said. "You get promises, but you never actually get it."
Top U.S. border official acknowledges "human cost" of Title 42 migrant policy
CBP Commissioner Chris Magnus told CBS News the Trump-era border policy is also fueling repeat crossings by migrants, exacerbating operational challenges.
Health
More Health
Rheumatoid arthritis isn't your grandmother's arthritis
Rheumatoid arthritis can affect people at any age, but it's still mischaracterized as an "older person's" disease.
U.S. monkeypox cases pass 14,000-mark as Biden promises more vaccine doses
Cases are up over 30% from just a week ago.
Brain-eating amoeba suspected in child's death
Health officials in Nebraska say a child likely died from a brain-eating amoeba. The child may have been infected while swimming in the Elkhorn River near Omaha.
Biden promises 1.8M more monkeypox vaccine doses
The White House says an additional 1.8 million doses of the monkeypox vaccine will be available starting Monday as the U.S. passed 13,000 cases. Tanya Rivero has the latest.
Nebraska child dies of suspected brain-eating amoeba infection
The organism enters the body through the nose and reaches the brain, typically when swimming or diving in some freshwater sources.
World
More World
Taking a ride in one of China's fast-growing fleet of robotaxis
Tech giant Baidu has human-monitored self-driving test cars rolling around in 10 cities, and it just got clearance to use some without any human oversight.
Stars Coffee: Starbucks successor opening in Russia
The menu, judging by the company app introduced a day before the store's formal opening Friday, would look familiar to any Starbucks customer.
CBS News reporter on his journey from Afghanistan to the United States
CBS News tech and politics reporter Musadiq Bidar reflects on his own experiences as a refugee, and what it means to be Afghan-American.
Scientists hope to revive Tasmanian tiger from extinction
The team plans to take stem cells from a living marsupial species with similar DNA, and turn them into "thylacine" cells to "bring back" the extinct species – or a very close approximation of it – using gene-editing technology.
Some Afghan girls manage to keep learning, but few see a bright future
Taliban tells CBS News its ban on older girls' education is "temporary," but even girls who've managed to quietly keep learning have little hope.
Entertainment
More Entertainment
Anne Heche's death after fiery car crash was accidental, coroner rules
A preliminary report said the actor died from inhalation injury and burns.
Solange Knowles is second Black woman to have score commissioned by N.Y.C. Ballet
Knowles is the third woman, and just the second Black woman, to have a score commissioned by the ballet.
Wingstop owned by rapper Rick Ross fined for labor violations
"Taking accountability is big when you're the biggest," musician tells his followers on social media.
Artists trying to stop Mariah Carey's trademark of "Queen of Christmas"
Darlene Love says she was dubbed the "Queen of Christmas" 29 years ago. Another artist went so far as to take legal action against the trademark.
Michael Bublé on the greatest record of his life
Canadian singer-songwriter Michael Bublé joined "CBS Mornings" to discuss his music career, family and tour.
Technology
More Technology
Technology
How roundabouts improve traffic safety
An Indiana city thinks it's found a solution to a number of traffic woes. Kris Van Cleave takes a look at how Carmel, Indiana, is implementing hundreds of roundabouts.
Taking a ride in one of China's fast-growing fleet of robotaxis
Tech giant Baidu has human-monitored self-driving test cars rolling around in 10 cities, and it just got clearance to use some without any human oversight.
Apple to release iPhone 14 on September 7: Bloomberg
New device expected to have a better camera and longer battery life, while top-of-the-line Pro may have A16 chip.
Google workers demand abortion protections, data privacy
Employees want parent company Alphabet to strengthen privacy for Google users searching for abortion information.
Popular TikTokers are calling out Amazon's labor practices
Dozens of creators on the video platform want their peers to blacklist the retail giant over its labor practices.
Science
More Science
Science
How roundabouts improve traffic safety
An Indiana city thinks it's found a solution to a number of traffic woes. Kris Van Cleave takes a look at how Carmel, Indiana, is implementing hundreds of roundabouts.
Nebraska child dies of suspected brain-eating amoeba infection
The organism enters the body through the nose and reaches the brain, typically when swimming or diving in some freshwater sources.
China hit with deadly floods and crippling drought all at once
As flash floods leave more than 30 people dead or missing in Qinghai province, heat and drought force car plants to close in Shanghai.
Colorado River allocation cut due to drought
The megadrought in the western U.S. has caused a severe water shortage in the Colorado River. Arizona and Nevada have been issued restrictions on their water usage. The Arizona Republic's Debra Utacia Krol joins CBS News with more on the extreme conditions.
Mystery toxin suspected in huge fish die-off in major European river
"Everything points to a manmade catastrophe," one environmental expert tells CBS News, as 100 tons of dead fish are removed from the Oder River.
Crime
More Crime
Three inmates indicted in prison killing of Whitey Bulger
Fotios "Freddy" Geas, 55, Paul "Pauly," J. DeCologero, 48 and Sean McKinnon, 36, were charged with conspiracy to commit first degree murder.
Witness in R. Kelly case gives testimony of frequent underage sex with singer
A woman testified Thursday that the R&B singer had sex with her "hundreds" of times before she turned 18 years old.
Former Trump Org. executive pleads guilty
Allen Weisselberg, the longtime chief financial officer of the Trump Organization, pleaded guilty to 15 felony fraud counts in a New York City courtroom Thursday. He was sentenced to 5 months in jail and must repay nearly $2 million and testify in the company's upcoming trial. CBS News' Vladimir Duthiers and Anne-Marie Green talk with CBS News legal contributor Rebecca Roiphe about the breaking news.
Former Trump Org. exec pleads guilty to fraud, agrees to testify against company
Weisselberg's deal with prosecutors calls for a sentence of five months in New York's Rikers Island jail, followed by five years' probation.
Judge denies bail for Salman Rushdie's attacker, bars interviews
The 24-year-old New Jersey man appeared on the charges in a western New York courtroom.
Space
More Space
NASA astronaut Nicole Aunapu Mann will make history in space
Astronaut Nicole Aunapu Mann will serve as mission commander and make history as the first Native American woman in space this fall.
"Cannibal" solar ejection expected to hit Earth this week
The storm could hit as soon as Thursday, NOAA said.
NASA rmoves SLS moon rocket rollout back to launch pad
The maiden flight of the SLS moon rocket is intended to clear the way for the Artemis program's first piloted flight in 2024.
Space mission shows Earth's water may be from asteroids, study says
The Ryugu samples could give clues to the mystery of how oceans appeared on Earth billions of years ago, scientists said.
Meteor's loud boom rattles skies over Salt Lake City and beyond
Even Utah's governor, out for a run, heard the boom, which was caused by what the National Weather Service said was a meteor.
Latest Galleries
More Latest Galleries
Rare photos from the 1976 Chowchilla bus kidnapping
A look inside the truck trailer where 26 abducted school children and their bus driver were buried alive -- and later escaped.
Taliban marks "Victory Day" a year after Afghan takeover
While many Afghans have little to celebrate, the country's Taliban rulers were happy to show off their control of Kabul's streets.
The Circleville letters: You've got hate mail
An anonymous letter writer terrorizes a small town, threatening to expose their rumored dark secrets.
Timeline: The Jonelle Matthews case
Inside the case against Steven Pankey, a former political candidate who was tried for the kidnapping and murder of a Colorado 12-year-old.
The 50 most expensive colleges in America, ranked
These colleges come with a hefty price tag
Latest Videos
More Latest Videos
Latest Videos
Biden administration steps up monkeypox response
The Biden administration is stepping up its response to monkeypox, announcing Thursday that it will make an additional 1.8 million vaccine doses available next week. Dr. Denis Nash, a distinguished professor of epidemiology at the CUNY Graduate School of Public Health and Health Policy, discusses the latest on the outbreak.
Scientists: Inflation bill could help reduce global warming
Scientists at the Climate Action Tracker said the recently signed Inflation Reduction Act could potentially slash U.S. carbon dioxide emissions 40% by 2030. The bill commits nearly $400 billion to help fight climate change. Samantha Gross, director of the Energy Security and Climate Initiative at the Brookings Institution, joined CBS News to discuss.
NASA's Artemis 1 rocket arrives at launch pad
NASA's Artemis I moon rocket has arrived at the Kennedy Space Center's launch pad. In less than two weeks, the rocket will make its debut flight in preparation for the next moon mission. Debbie Korth, deputy manager for NASA's Orion Program, explains the importance of this crew-less launch.
Program aims to keep kids off streets through baseball
A police officer in Washington, D.C., credits a youth baseball program for changing his life. He now brings together children from neighborhoods often at odds to play baseball in hopes of doing the same for them. Nancy Chen shares more.
How roundabouts improve traffic safety
An Indiana city thinks it's found a solution to a number of traffic woes. Kris Van Cleave takes a look at how Carmel, Indiana, is implementing hundreds of roundabouts.