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
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."
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.
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. stocks slide as investors await details on next Fed hike
Stocks opened lower on Wall Street, with investors looking ahead to Fed chairman's annual Jackson Hole speech next week.
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.
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.
Managing Your Money
More
3 reasons to get a private student loan
There are multiple reasons to consider the private student loan route.
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.
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.
DeSantis' election police force announces arrests of 20 for alleged voter fraud
The voters had been convicted for murder or sexual assault, and do not have their voting rights restored, according to Florida law.
Apple warns of serious 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.
Reports of gunfire near White House
Three people were detained but no one was wounded, police say. The area where the shots were heard is near the National Mall and Washington Monument.
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.
Demand for Sept. 1 student loan payments sent in error
The pause on student loan payments is set to expire at the end of the month.
At least 2 people killed when 2 planes collide in midair while trying to land
Three people were on 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.
U.S. stocks slide as investors await details on next Fed hike
Stocks opened lower on Wall Street, with investors looking ahead to Fed chairman's annual Jackson Hole speech next week.
Meta shuts down pages for anti-vaccine group chaired by Robert F. Kennedy Jr.
Kennedy is the son of U.S. Sen. Robert F. Kennedy and a nephew of President John F. Kennedy, and often uses his platform to spread misinformation about vaccines and anti-vaccine rhetoric.
"Long COVID" response ramps up, with plans to test new treatments
The research is one of several efforts by the Biden administration to address long-term symptoms that linger for some patients.
Famed Catskills resort that helped inspire "Dirty Dancing" burns down
Firefighters said smoke from one of the few remaining buildings on the property could be seen for "several miles."
Biden hosting unity summit to combat hate-filled violence
President Biden is hosting a summit in September aimed at combatting hate-fueled violence in the U.S.
MoneyWatch
More MoneyWatch
U.S. stocks slide as investors await details on next Fed hike
Stocks opened lower on Wall Street, with investors looking ahead to Fed chairman's annual Jackson Hole speech next week.
Demand for Sept. 1 student loan payments sent in error
The pause on student loan payments is set to expire at the end of the month.
3 tips for stretching your dollar at the grocery store
With the price of staples like eggs and coffee surging by double-digits, here are simple ways of saving money on food.
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."
Politics
More Politics
Book excerpt: "The Road Taken" by Senator Patrick Leahy
After eight terms in the U.S. Senate, the Vermonter writes about his path through the upper house of Congress, which he says once acted as "the nation's conscience" – and could one day again.
Biden hosting unity summit to combat hate-filled violence
President Biden is hosting a summit in September aimed at combatting hate-fueled violence in the U.S.
Demand for Sept. 1 student loan payments sent in error
The pause on student loan payments is set to expire at the end of the month.
Judge blocks Florida 'woke' law, citing First Amendment
The judge said the "Stop WOKE" act violates the First Amendment and is impermissibly vague.
Partyman: Former DNC Chairman Tom Perez - "The Takeout"
On "The Takeout" podcast this week, former Democratic National Committee Chairman Tom Perez joins host Major Garrett to talk about Democrats' prospects in the midterm elections.
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.
"Long COVID" response ramps up, with plans to test new treatments
The research is one of several efforts by the Biden administration to address long-term symptoms that linger for some patients.
White House vows to boost monkeypox vaccines
Federal officials say they are boosting the supply of monkeypox vaccines amid a surge of new cases. Tanya Rivero has more.
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.
World
More World
Ukraine, Russia trade accusations over Europe's largest nuclear power plant
Each warring nation says the other's been shelling it. And now each claims the other is planning a "provocation" there. Meantime, the world frets over its fate.
Zelenskyy holds talks with U.N. chief, Turkish president
Turkish President Recep Tayyip Erdogan said he would follow up with Putin, given that most of the matters discussed would require the Kremlin's agreement.
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.
Entertainment
More Entertainment
Famed Catskills resort that helped inspire "Dirty Dancing" burns down
Firefighters said smoke from one of the few remaining buildings on the property could be seen for "several miles."
Imagine Dragons' Dan Reynolds on Ukraine aid
Imagine Dragons frontman Dan Reynolds joins "CBS Mornings" to discuss partnering with the president of Ukraine to raise awareness and money for medical care. Reynolds also discusses the band's new music, tour and celebrating the 10-year anniversary of their first album.
Sharon Horgan's new dark comedy series
Actress and producer Sharon Horgan, who's the brain and wit behind a slew of sitcoms like "Catastrophe" and "Divorce," is now the star and creator of a new Apple TV+ show called "Bad Sisters." Jamie Wax caught up with the Irish star to discuss the new show and what inspires her writing.
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.
Technology
More Technology
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.
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.
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
Man charged with buying stolen human remains
Police initially found what they described as older human remains including full skeletons that they determined were legally obtained, but authorities say others were stolen from a mortuary in Arkansas and sold.
Reports of gunfire near White House
Three people were detained but no one was wounded, police say. The area where the shots were heard is near the National Mall and Washington Monument.
California man convicted of 1980s rape-murders of two women
Investigators used genealogy websites to help them solve the cases. Prosecutors called Horace Van Vaultz Jr. a sexually motivated serial killer.
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.
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
Imagine Dragons' Dan Reynolds on Ukraine aid
Imagine Dragons frontman Dan Reynolds joins "CBS Mornings" to discuss partnering with the president of Ukraine to raise awareness and money for medical care. Reynolds also discusses the band's new music, tour and celebrating the 10-year anniversary of their first album.
Where to get the latest "CBS Mornings Deals"
On this week's "CBS Mornings Deals," lifestyle host Gayle Bass discusses exclusive deals on innovative items that may help to simplify homes and upgrade home offices. Visit cbsdeals.com to take advantage of these exclusive deals today. CBS earns commissions on purchases made through cbsdeals.com.
Sharon Horgan's new dark comedy series
Actress and producer Sharon Horgan, who's the brain and wit behind a slew of sitcoms like "Catastrophe" and "Divorce," is now the star and creator of a new Apple TV+ show called "Bad Sisters." Jamie Wax caught up with the Irish star to discuss the new show and what inspires her writing.
DEA administrator on fentanyl awareness
Drug overdoses nationwide have reached record highs due to fentanyl, and the U.S. Drug Enforcement Administration has identified two cartels targeting Americans. Anne Milgram, administrator of the DEA, joins "CBS Mornings" to discuss the dangers of synthetic fentanyl and how the agency is cracking down on cartels.
Renters outpriced in housing bidding wars
Rising rent prices have sparked housing bidding wars among renters who struggle to find affordable housing. Carter Evans has more.