Some student borrowers could soon get debt forgiveness. Here's how.
Borrowers who took out $12,000 or less in loans and have been in repayment for at least 10 years could get their debt erased.
MoneyWatch
Latest News
FAA ramps up oversight of Boeing's manufacturing procedures
Announcement comes one day after the agency launched an investigation into the aviation company following a mid-air blowout on a Boeing 737 Max 9 plane.
Here's why Americans are so unhappy with the economy, in 3 charts
Economists say U.S. economy is remarkably strong, but consumers say they aren't feeling it — and not just because of inflation.
Are your car insurance rates going nuts? You're not alone.
American drivers are spending less to fill up than a year ago, but paying a whole lot more to insure their vehicles.
FAA says it is investigating Boeing over Alaska Airlines door blowout
"The safety of the flying public, not speed, will determine the timeline for returning the Boeing 737-9 Max to service," the FAA said.
Trump speaks at closing arguments in New York fraud trial, disregarding limits
Former President Donald Trump disregarded restrictions imposed by the judge overseeing his civil fraud trial in New York and addressed the court during closing arguments.
Fruit Stripe Gum, Super Bubble are discontinued as Americans shun gum
Super Bubble and Fruit Stripe are no longer being manufactured, but some remaining supplies of the once-popular gums may still be available.
Supreme Court to hear case on Starbucks' firing of pro-union baristas
Starbucks is appealing a ruling ordering the coffee chain to reinstate terminated workers known as the "Memphis Seven."
Citigroup to cut 20,000 jobs by 2026 following latest financial losses
The cuts come shortly after Citi laid off 10% of its senior staff as part of a restructuring effort aimed at boosting its earnings.
Managing Your Money
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Mortgage applications are rising. Here's why you should act now.
Waiting to buy a home could result in a lower interest rate, but that alone may not be worth it for some buyers.
6 highest-earning CD and savings accounts to open this January
These top-earning accounts could result in hefty interest returns to help you build wealth for the long term.
4 big ways debt relief can improve your finances
If you're dealing with overwhelming debt, here are a few strategies you can use to build a bright financial future.
Money Tech
Apple halting Apple Watch Series 9 and Ultra 2 sales. Here's why.
Apple said it will stop selling the devices later this month in order to comply with a U.S. import ban.
Elon Musk restores X account of far-right conspiracy theorist Alex Jones
Alex Jones, the conspiracy theorist known for his fake news site InfoWars and his false denial of the Sandy Hook massacre, was permanently banned from Twitter in 2018.
Think twice before scanning a QR code — here's why
More than 90 million consumers will scan a QR code this year. But the technology can also facilitate identity theft.
Elon Musk says advertiser boycott at X could "kill the company"
The billionaire owner of X took a defensive tone, saying that "the whole world will know that those advertisers killed the company."
OpenAI says Sam Altman returning as CEO days after board sacked him
OpenAI co-founder Sam Altman says he's looking forward to returning to the company, with the support of Microsoft's CEO, to build the 2 companies' "strong partnership."
Elon Musk says X will donate ad, subscription revenue tied to Gaza war
Musk, who is under fire for supporting an antisemitic post, said the money will be donated to hospitals in Israel and to the Red Cross in Gaza.
Microsoft hires Sam Altman 3 days after OpenAI fired him as CEO
Altman landed at Microsoft, the biggest investor in OpenAI, as former Twitch leader Emmett Shear was named OpenAI's new chief executive.
Elon Musk endorses antisemitic post on X as "the actual truth"
Elon Musk, the world's richest person, said he agreed with an X post that claims that Jews are pushing "hatred against whites."
Okta's stock slumps after security company says it was hacked
Shares of the security software maker, which protects some of the world's biggest companies, fell after it said a customer tool was compromised.
Latest News
Lai Ching-te wins Taiwan's presidential election
The result in Taiwan's presidential and parliamentary election will chart the trajectory of relations with China over the next four years.
Dozens killed in Gaza strikes while fears of widening conflict grow
Officials say more than 30 Palestinians, including young children, were killed in Israeli airstrikes in the Gaza Strip.
Bills-Steelers NFL Wild Card Weekend game postponed until Monday
New York Governor Kathy Hochul said the game will be played on Monday at 4:30 p.m.
In Iowa, GOP candidates concerned about freezing weather's impact on caucuses
Wind chill may push temperatures as low as -45 F when Iowa Republicans go to caucus Monday night.
Wife of slain Austin jeweler says daughter-in-law got away with murder
Jaclyn Edison, who pleaded guilty to a conspiracy charge in the assassination plot, served 120 days in jail. She tells "48 Hours" her sentence is appropriate for her involvement.
How NFL fans facing freezing temperatures this weekend can stay safe
As a cold front settles in nationwide, emergency medicine experts weighed in on how to prepare for dangerous temperatures.
House GOP moving forward with Hunter Biden contempt vote next week
"Next week the House will vote to hold Hunter Biden in contempt of Congress for repeatedly defying subpoenas," House Majority Whip Steve Scalise said.
Judge orders Trump to pay nearly $400,000 for New York Times' legal fees
A judge has ordered Donald Trump to pay nearly $400,000 for The New York Times' fees in a now-dismissed lawsuit.
Monday's Iowa caucuses will be Republicans' first contest of the 2024 election. Here's what to know.
Former President Donald Trump's influence on the party is facing its first test of the 2024 election.
Retirement
More
You're probably planning for retirement wrong. Here's why.
Only about 1 in 10 Americans understands the basics of longevity, or how long they'll live in retirement. Can you pass the test?
Millions of older workers are nearing retirement with nothing saved
Over the next few years, the U.S. could see a surge in seniors living in poverty, one retirement expert predicts.
Here's how much money Americans think they need to retire comfortably
The gap between what people think they'll need for old age and their actual savings is massive, even for those nearing retirement.
Social Security's 2023 COLA was 8.7%. It may be stingier in 2024.
Seniors and other recipients of the Social Security program may get a cost-of-living adjustment of 3.1% next year, one forecast says.
Inflation is ruining Americans' efforts to save for retirement
Even a brief interruption in plan contributions can affect people's financial goals years down the road, experts say.
U.S.
More U.S.
Why did someone want Ted and Corey Shaughnessy dead?
When wealthy Austin jewelers Corey and Ted Shaughnessy are attacked by intruders in their own home, investigators initially wondered if it was a robbery gone wrong. The answer was more sinister than anyone could have expected.
In Iowa, GOP candidates concerned about freezing weather's impact on caucuses
Wind chill may push temperatures as low as -45 F when Iowa Republicans go to caucus Monday night.
Dozens killed in Gaza strikes while fears of widening conflict grow
Officials say more than 30 Palestinians, including young children, were killed in Israeli airstrikes in the Gaza Strip.
He says he's not campaigning, so why is Joe Manchin in New Hampshire?
Less than two weeks before the New Hampshire primary, Sen. Joe Manchin is in the state talking to voters.
How NFL fans facing freezing temperatures this weekend can stay safe
As a cold front settles in nationwide, emergency medicine experts weighed in on how to prepare for dangerous temperatures.
MoneyWatch
More MoneyWatch
Supreme Court to hear case on Starbucks' firing of pro-union baristas
Starbucks is appealing a ruling ordering the coffee chain to reinstate terminated workers known as the "Memphis Seven."
Citigroup to cut 20,000 jobs by 2026 following latest financial losses
The cuts come shortly after Citi laid off 10% of its senior staff as part of a restructuring effort aimed at boosting its earnings.
CVS closing dozens of pharmacies inside Target stores
The nation's largest drugstore chain says closures to start next month and end in early April.
Purina refutes "online rumors," says pet food safe for dogs and cats
Purina is responding to unsubstantiated accounts on social media alleging its Pro Plan food had sickened dozens of pets.
Quaker Oats recalls more granola products due to salmonella risk
Quaker Oats expands prior recall to include more granola bars, cereals and a snack mix possibly tainted with bacteria.
Politics
More Politics
In Iowa, GOP candidates concerned about freezing weather's impact on caucuses
Wind chill may push temperatures as low as -45 F when Iowa Republicans go to caucus Monday night.
He says he's not campaigning, so why is Joe Manchin in New Hampshire?
Less than two weeks before the New Hampshire primary, Sen. Joe Manchin is in the state talking to voters.
Lai Ching-te wins Taiwan's presidential election
The result in Taiwan's presidential and parliamentary election will chart the trajectory of relations with China over the next four years.
Monday's Iowa caucuses will be Republicans' first contest of the 2024 election. Here's what to know.
Former President Donald Trump's influence on the party is facing its first test of the 2024 election.
U.S. launches another strike on Houthi rebels in Yemen
The airstrike came just a day after the U.S. and U.K. launched strikes on dozens of targets in Houthi-controlled Yemen.
HealthWatch
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HealthWatch
Alarming flu surge kills 40 children
There is an alarming flu surge across the country, with doctors warning that the virus is spreading at an increased level in many states. As many as 40 children have died from the illness this flu season, the CDC said. CBS News' Omar Villafranca has more.
Flu cases in some Southern states on the rise
Nationally, the number of flu cases has decreased. But in some Southern states, flu activity is still high, including in Dallas County, Texas, where almost 20% of tests are positive. Omar Villafranca reports.
CDC reports single-week decrease in flu activity — but "upsurge" may loom
The CDC noted a recent dip in influenza activity, but experts say more increases are expected, meaning it's not time to back down from precautions like the flu shot.
CVS closing dozens of pharmacies inside Target stores
The nation's largest drugstore chain says closures to start next month and end in early April.
Purina refutes "online rumors," says pet food safe for dogs and cats
Purina is responding to unsubstantiated accounts on social media alleging its Pro Plan food had sickened dozens of pets.
World
More World
Former New Zealand Prime Minister Jacinda Ardern marries longtime partner
Ardern and Clarke Gayford reportedly began dating in 2014 and were engaged five years later.
Dozens killed in Gaza strikes while fears of widening conflict grow
Officials say more than 30 Palestinians, including young children, were killed in Israeli airstrikes in the Gaza Strip.
Lai Ching-te wins Taiwan's presidential election
The result in Taiwan's presidential and parliamentary election will chart the trajectory of relations with China over the next four years.
"Aliens" found in Peru are actually dolls made of bones, experts declare
A self-describe "UFOlogist" brought the desiccated figures in front of the Mexican congress last September, claiming they had been recovered near Peru's ancient Nazca Lines and dated over 700 years old.
Austrian heiress asking 50 people to help her spend $27 million
She has sent invitations to 10,000 randomly selected people in Austria, asking them to complete a survey and will then narrow it down to a council of 50 people called Guter Rat.
Entertainment
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Entertainment
Vacations perform "Midwest"
Australian indie rock band Vacations became a global sensation after their music went viral on social media. That led to sold-out shows and two hit songs in the U.S. From their new album "No Place Like Home," Vacations make their national television debut with "Midwest."
Vacations perform "Close Quarters"
Australian indie rock band Vacations became a global sensation after their music went viral on social media. That led to sold-out shows and two hit songs in the U.S. From their new album "No Place Like Home," Vacations make their national television debut with "Close Quarters."
Vacations perform "Next Exit"
Australian indie rock band Vacations became a global sensation after their music went viral on social media. That led to sold-out shows and two hit songs in the U.S. From their new album "No Place Like Home," Vacations make their national television debut with "Next Exit."
Emma Stone says she applies to be on "Jeopardy!" every year
"I really want to earn my stripes," the actress said, adding that "Celebrity Jeopardy!" is not what she's looking for.
Cooking with Lynja TikTok chef Lynn Yamada Davis dies at age 67
Lynn Yamada Davis had close to 30 million followers across various platforms, where she posted over-the-top videos of her cooking.
Technology
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Technology
Apple Watch patent dispute enters 4th year
January marks four years of disputes between Apple and the health tech company Masimo. The two companies are at odds over blood oxygen measurement technology used in the Apple Watch. Axios tech policy reporter Maria Curi joins CBS News to sort through the legal battles and examine what could come next in the fight.
AI takes center stage at CES 2024
The annual CES consumer tech convention is wrapping up its week-long stay in Las Vegas on Friday. The event featured some of the industry's latest advances across virtual reality, robots, and the growing realm of artificial intelligence. Nick Wolny, senior editor at CNET, joined CBS News with a recap of the week.
Microsoft briefly tops Apple as world's most valuable company
Microsoft's market value momentarily surpassed that of Apple's for the first time in years as the software giant deepens it AI presence.
eBay agrees to pay $3 million to resolve charges over stalking scandal
Online retailer eBay has agreed to pay a $3 million fine to resolve criminal charges over employees who harassed a Massachusetts couple by sending live spiders, cockroaches and other disturbing items to their home.
China says its experts have "cracked" Apple's AirDrop encryption
Beijing authorities say they've figured out how to trace people using Apple's encrypted AirDrop service, which they say facilitates "transmission of inappropriate information."
Science
More Science
Fossil unearthed decades ago is older, more primitive T. rex, scientists say
The researchers determined it predated T. rex by up to 7 million years, showing that tyrannosaurs were in North America long before paleontologists previously thought.
Mystery of why world's largest ape went extinct finally solved, scientists say
Exactly why the great ape died off after flourishing for hundreds of thousands of years has been one of the lasting mysteries of paleontology.
These charts show what made 2023 the hottest year on record
A breakdown of the numbers and elements that made 2023 the hottest year on record paints a picture of what's to come.
Ancient DNA helps explain why this group has higher multiple sclerosis risk
The findings come from a huge project to compare modern DNA with that culled from ancient humans' teeth and bones.
What to know about micro- and nanoplastics in water, according to experts
How can you avoid microplastics and nanoplastics lurking in plastic water bottles? Experts share tips and explain the potential health concerns.
Crime
More Crime
Why did someone want Ted and Corey Shaughnessy dead?
When wealthy Austin jewelers Corey and Ted Shaughnessy are attacked by intruders in their own home, investigators initially wondered if it was a robbery gone wrong. The answer was more sinister than anyone could have expected.
Wife of slain Austin jeweler says daughter-in-law got away with murder
Jaclyn Edison, who pleaded guilty to a conspiracy charge in the assassination plot, served 120 days in jail. She tells "48 Hours" her sentence is appropriate for her involvement.
Feds to seek death penalty against Buffalo gunman
Federal prosecutors said Friday they will seek the death penalty against a white supremacist who opened fire in a Buffalo supermarket in 2022, killing 10 Black people.
Florida woman's killer ID'd 40 years later; suspect used 3 different names
Using evidence from incidents in separate cities, investigators were able to determine all three names belonged to one man.
Buffalo shooter who killed 10 at supermarket to face death penalty
The gunman is already serving a sentence of life in prison with no chance of parole after he pleaded guilty to state charges in the 2022 attack.
Space
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Mark your calendar and get ready to look up: Space dates for 2024
Astronomy fans can enjoy celestial events throughout 2024, looking to the sky to see full moons, meteor showers and a total solar eclipse. Here are the key dates to mark on your calendar.
NASA delays upcoming Artemis moon missions
NASA says the delays in plans will allow time to solve technical problems and to carry out flight tests of SpaceX's Starship moon lander.
Astrobotic says its Peregrine lunar lander won't make it to moon
Spacecraft-builder Astrobotic says the lander will run out of propellant Thursday, ending any chance of a planned moon landing.
U.S. lunar lander in jeopardy
The spacecraft carrying the Peregrine, a commercially built American lunar lander, may be facing a critical failure after its launch Monday. Derrick Pitts, the chief astronomer at Philadelphia's Franklin Institute, joins CBS News with details on the spacecraft's apparent fuel leak.
Commercial moon lander suffers potentially crippling anomaly
Engineers are troubleshooting an apparent propulsion system issue that threatens a planned moon landing next month.
Latest Galleries
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Kassanndra Cantrell disappearance: Inside the investigation
Days after a young woman vanishes, a man in a distinctive hat is seen walking away from her car. Who is the man in the hat?
Timeline: The search for Christie Wilson
Christie Wilson disappeared in 2005, and her killer refused to say where he put her body.
Notable Deaths in 2023
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
The mysterious disappearance of Mary Day
In 1981, 13-year-old Mary Day disappeared from her Seaside, Calif., home, with no sign of her anywhere. It would be 22 years before she reappeared, bringing along more questions than answers.
Matthew Trussler murder: Inside the case
Matthew Trussler was found dead at the home he shared with his fiancée Melissa Turner. See the evidence that led to authorities piecing together his death.
Latest CBS News Videos
More Latest CBS News Videos
Latest CBS News Videos
1/12: CBS News Weekender
Catherine Herridge reports on the threat of Houthi retaliation following U.S.-led strikes in Yemen, freezing cold ahead of the Iowa caucuses, and the latest on the Apple Watch patent dispute.
Powerful winter storm takes aim at Midwest
Blizzard warnings are in place in seven Midwestern states, and thousands of flights have been canceled nationwide, as a strong storm front is expected to bring heavy snow to the region this weekend. There is also concern that bitter temperatures will impact Texas' power grid. Meteorologist Jim Cantore with The Weather Channel has more.
Storm impacting GOP race ahead of Iowa caucuses
Just three days before the Iowa caucuses, the state is seeing whiteout conditions and bone-chilling cold, with a blizzard warning set to take effect Saturday. The bad weather has forced Republican contenders to adapt, with Florida Gov. Ron DeSantis and former South Carolina Gov. Nikki Haley canceling a series of events. Ed O'Keefe has the latest.
The Dish: Chef Renee Erickson
Chef Renee Erickson has crafted a notable career, including publishing two cookbooks and operating nine establishments. The James Beard Award winner is committed to using locally sourced, high-quality ingredients that showcase the flavors of the region, and has played a pivotal role in shaping Seattle's gastronomic landscape. CBS News' Dana Jacobson has more.
1/13: CBS Saturday Morning
U.S. launches another airstrike on site believed to be controlled by Houthis in Yemen; Seattle chef uses culinary empire to showcase the flavors of the Pacific Northwest