This common mistake could shrink your 401(k) by as much as $300,000
The 401(k) is the most popular retirement plan in America, but many workers make a repeated mistake that can cost them.
MoneyWatch
Latest News
Here's the 2025 COLA increase for Social Security recipients
Social Security benefits are given a cost of living adjustment each year. The 2025 COLA increase is the smallest since 2021.
Fisher-Price recalls more than 2 million infant swings after 5 deaths
Fisher-Price is offering $25 to product owners who remove and destroy swing parts that increase risk of suffocation.
U.S. inflation continued to cool in September, latest CPI data shows
Inflation in September fell to an annual rate of 2.4%, its lowest point since early 2021, as gas and energy costs continued to ease.
Consumer Reports calls for federal ban on baby walkers. Here's why.
Banned in Canada for 20 years, baby walkers send thousands of U.S. children to hospital emergency rooms every year.
TD Bank to pay $3 billion after breaking U.S. money laundering rules
TD Bank allowed money laundering networks to move more than $670 million through its accounts between 2019 and 2023, Justice Department says.
Musk, Tesla unveil long-awaited "Cybercab" robotaxi
Skeptics say CEO Elon Musk has yet to show Tesla's self-driving system can travel safely without human supervision.
Donald Trump's "God Bless the USA" Bibles were printed in China
Donald Trump's $59.99 "God Bless the USA" Bibles were printed in China, a country he has accused of stealing American jobs.
FDA authorizes over-the-counter combined COVID-19 and flu test
Healgen Scientific's combined COVID-19 and flu test gives people a new way to check what's causing their symptoms, FDA says.
Managing Your Money
More
Why you should use a HELOC instead of a credit card now
Borrowing money with a HELOC could make a lot more sense than relying on credit cards right now. Here's why.
Should you invest in gold before the November Fed meeting?
With another rate cut likely for the Fed's November meeting, some investors may want to turn to gold now. Here's why.
Do you need debt relief as inflation cools?
The right debt relief solution could still come in handy for those with high-rate credit card debt right now.
Money Tech
TikTok sued by multiple states over app's impact on kids' health
The attorneys general of more than a dozen states and Washington D.C. claim TikTok falsely claims its platform is safe for children.
Water supplier American Water Works says systems hacked
American Water Works says it's investigating impact of breach; utility supplies drinking water to 14 million people.
Trump Media & Technology chief operating officer resigns
Trump Media exec's exit comes as Truth Social's parent company is ordered to hand over nearly 800,000 shares to an investor.
Tesla sales drop as competition in electric vehicle market heats up
Tesla accounted for 80% of electric vehicle sales in the U.S. in 2020, but that figure fell to 55% last year.
Virtual valentine: People are turning to AI in search of romance
The generative artificial intelligence boom has led to the emergence of romantic companion bots.
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."
Hurricane Milton leaves path of destruction across Florida, at least 16 dead
More than 2.5 million homes and businesses have no power after Hurricane Milton hit Florida hard.
Trump urges judge in 2020 election case not to allow release of further evidence
Lawyers for former President Donald Trump accused the special counsel of cherry-picking and mischaracterizing evidence compiled by prosecutors in their case against him.
Biden calls on Congress to act on emergency funding after hurricanes
President Biden also warned that conditions remain dangerous in Florida in the wake of Hurricane Milton.
12 rescued from underground mine after fatality during tour
A rescue operation in Colorado to bring trapped mining tour visitors out of an underground mine was successful, seven hours after one person died and four others were injured.
Ethel Kennedy, human rights advocate and widow of RFK, dies at 96
After her husband was assassinated in 1968, Ethel Kennedy raised their 11 children and spent decades working for human rights.
Coast Guard rescues boat captain clinging to cooler in Gulf of Mexico
A boat captain rode out Hurricane Milton overnight in the Gulf of Mexico before he was found clinging to a cooler around 30 miles offshore and rescued by helicopter.
Photos, videos show Hurricane Milton damage in Florida
Hurricane Milton, which made landfall on Florida's west coast on Wednesday, also sparked multiple tornadoes.
At least 2 killed, multiple injured when Texas plant leaks hydrogen sulfide
At least two workers at a Houston-area oil refinery were killed when hydrogen sulfide leaked at the plant, setting off urgent warnings for nearby residents to stay indoors before authorities determined the public wasn't in danger.
Sean "Diddy" Combs sex trafficking trial set for May 2025
A judge in New York has set a 2025 trial date for rapper Sean "Diddy" Combs, who was arrested for sex trafficking, racketeering and conspiracy.
Retirement
More
This common mistake may shrink your 401(k) by as much as $300,000
The 401(k) is the most popular retirement plan in America, but many workers make a repeated mistake that can cost them.
Here's the 2025 COLA increase for Social Security recipients
Social Security benefits are given a cost-of-living adjustment each year. The 2025 COLA increase is the smallest since 2021.
Social Security will set 2025 COLA within days. Here's what to know.
The Social Security Administration will set its 2025 cost-of-living adjustment within days. Here's what the experts say.
Here's how much your Social Security benefits could fall without a fix
Social Security's trust fund could run out of money as soon as 2033, resulting in a $16,500 annual benefits cut, experts warn.
These are the best and worst places to retire in the U.S.
Given that many retirees live on fixed incomes, affordability is a key metric to take into account when considering where to live out one's golden years.
U.S.
More U.S.
Hurricane Milton leaves path of destruction across Florida, at least 16 dead
More than 2.5 million homes and businesses have no power after Hurricane Milton hit Florida hard.
At least 2 killed, multiple injured when Texas plant leaks hydrogen sulfide
At least two workers at a Houston-area oil refinery were killed when hydrogen sulfide leaked at the plant, setting off urgent warnings for nearby residents to stay indoors before authorities determined the public wasn't in danger.
Harris reiterates support for "Dreamers," as she courts Latino voters
Harris fielded questions at a Univision town hall about immigration, the economy and healthcare — all issues that polls suggest are critical to the Latino voting bloc.
Coast Guard rescues boat captain clinging to cooler in Gulf of Mexico
A boat captain rode out Hurricane Milton overnight in the Gulf of Mexico before he was found clinging to a cooler around 30 miles offshore and rescued by helicopter.
Musk, Tesla unveil long-awaited "Cybercab" robotaxi
Skeptics say CEO Elon Musk has yet to show Tesla's self-driving system can travel safely without human supervision.
MoneyWatch
More MoneyWatch
Musk, Tesla unveil long-awaited "Cybercab" robotaxi
Skeptics say CEO Elon Musk has yet to show Tesla's self-driving system can travel safely without human supervision.
Brown University votes against divesting from companies in Israel
Ivy League university said its exposure to companies with Israeli military ties is "de minimis" and does no harm.
Consumer Reports calls for federal ban on baby walkers. Here's why.
Banned in Canada for 20 years, baby walkers send thousands of U.S. children to hospital emergency rooms every year.
This common mistake may shrink your 401(k) by as much as $300,000
The 401(k) is the most popular retirement plan in America, but many workers make a repeated mistake that can cost them.
Rafael Nadal announced he's retiring. Here's how much money he's made.
Rafael Nadal is one of tennis's highest net-worth players, having amassed a fortune in prize money and sponsorships.
Politics
More Politics
Harris reiterates support for "Dreamers," as she courts Latino voters
Harris fielded questions at a Univision town hall about immigration, the economy and healthcare — all issues that polls suggest are critical to the Latino voting bloc.
Maryland U.S. Senate candidates debate abortion rights
Democrat Angela Alsobrooks is highlighting former Gov. Larry Hogan's actions in office as evidence he isn't as supportive of abortion rights as he now claims to be.
Book excerpt: "War" by Bob Woodward
The veteran Washington Post reporter's latest book delves into the inner circles of the Biden White House to examine Russia's war against Ukraine, and Israel's conflict against Hamas and Hezbollah.
Trump urges judge in 2020 election case not to allow release of further evidence
Lawyers for former President Donald Trump accused the special counsel of cherry-picking and mischaracterizing evidence compiled by prosecutors in their case against him.
Biden calls on Congress to act on emergency funding after hurricanes
President Biden also warned that conditions remain dangerous in Florida in the wake of Hurricane Milton.
HealthWatch
More HealthWatch
Consumer Reports calls for federal ban on baby walkers. Here's why.
Banned in Canada for 20 years, baby walkers send thousands of U.S. children to hospital emergency rooms every year.
Fisher-Price recalls more than 2 million infant swings after 5 deaths
Fisher-Price is offering $25 to product owners who remove and destroy swing parts that increase risk of suffocation.
FDA authorizes over-the-counter combined COVID-19 and flu test
Healgen Scientific's combined COVID-19 and flu test gives people a new way to check what's causing their symptoms, FDA says.
Why free COVID tests from the government are expiring so soon
Many of the free COVID tests being shipped out now will be expiring within a few months.
California cheesemaker linked to deadly listeria outbreak shut down by Feds
Rizo-López Foods can no longer manufacture and distribute cheese and other dairy products, Justice Department says.
World
More World
Ukrainian reporter Victoria Roshchyna dies in Russian detention
Victoria Roshchyna, who would have turned 28 this month, disappeared last year after she traveled to east Ukraine for a report.
How life has changed for Palestinians in the occupied West Bank since Oct. 7
A Palestinian-American in the Israeli-occupied West Bank says he's been kept off his land for a year. For others, it's been much worse.
Prince William and Kate meet with families of victims of stabbing attack
Prince William and Princess Catherine carried out their first joint public engagement since the end of Kate's chemotherapy.
U.N. says Israeli troops fire on peacekeepers in Lebanon, wounding 2
The United Nations mission in southern Lebanon, where Israel is battling Iran-backed Hezbollah, says Israeli forces have fired on international peacekeepers.
22-time Grand Slam champion Rafael Nadal is retiring next month
Rafael Nadal won 22 Grand Slam singles titles during an unprecedented era he shared with his rivals in the so-called Big Three, Roger Federer and Novak Djokovic.
Entertainment
More Entertainment
Sean "Diddy" Combs sex trafficking trial set for May 2025
A judge in New York has set a 2025 trial date for rapper Sean "Diddy" Combs, who was arrested for sex trafficking, racketeering and conspiracy.
Rachel Bloom talks Netflix special
Emmy and Golden Globe winner Rachel Bloom, creator and star of "Crazy Ex-Girlfriend," returns with her new Netflix special, "Death, Let Me Do My Special." Bloom opens up about the challenges of her daughter's birth and the loss of her writing partner during the pandemic.
Cage the Elephant on upcoming tour with Oasis
Rock band Cage the Elephant recently celebrated one billion Spotify streams for "Cigarette Daydreams" and wrapped their largest tour to date, including a sold-out Madison Square Garden show. In an interview with Anthony Mason, the Shultz brothers talk about the challenges that shaped their latest album, "Neon Pill."
Fat bear champion "Grazer" wins again
In a fierce competition, 20-year-old bear Grazer won Alaska's Fat Bear Contest for the second year in a row, defeating fan favorite Chunk, who had killed one of her cubs earlier this summer. Grazer claimed victory by more than 40,000 votes
Taylor Tomlinson reveals who would be her dream guest on "After Midnight"
Taylor Tomlinson opens up about her new comedy tour, "Save Me," which tackles personal topics like growing up in church.
Technology
More Technology
Musk, Tesla unveil long-awaited "Cybercab" robotaxi
Skeptics say CEO Elon Musk has yet to show Tesla's self-driving system can travel safely without human supervision.
Some iPhone users can send texts when service is down. Here's how.
Apple's new mobile operating system could help iPhone users stay in touch if Hurricane Milton knocks out cell service.
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.
Over a dozen states sue TikTok
Fourteen attorneys general have sued TikTok claiming the social media app harms teens and their mental health. They allege the Chinese-owned app violates consumer protection laws and claim TikTok relies on "addictive features" that keep users on the app.
TikTok sued by multiple states over app's impact on kids' health
The attorneys general of more than a dozen states and Washington D.C. claim TikTok falsely claims its platform is safe for children.
Science
More Science
Science
Republicans seek aid after voting against it
Several Florida Republicans are now demanding more funds to boost recovery efforts in the wake of Hurricanes Helene and Milton, but they have previously voted against measures providing disaster relief. CBS News national environmental correspondent David Schechter joins "America Decides" to discuss.
Climate change impacting U.S. migration
The rising frequency and strength of storms like Milton and Helene has some people rethinking where they live, with scientists saying climate change is a major factor in the increase in these powerful storms. Jesse Keenan, associate professor of sustainable real estate and urban planning at Tulane University, joins CBS News to discuss climate change's impact on human migration.
Research on worms leads to Nobel Prize
Two scientists' groundbreaking research on worms has earned them the Nobel Prize in medicine. Victor Ambros and Gary Ruvkun uncovered microRNA, tiny molecules that help control what cells do, which could help develop new medicines.
SpaceX launches European asteroid probe as hurricane weather closes in
Despite an initially dismal forecast, SpaceX got a break in the weather to send Europe's Hera asteroid probe on its way.
Maps show which states could see northern lights this weekend
The northern lights could dazzle millions of Americans in some northern states this weekend.
Crime
More Crime
Sean "Diddy" Combs sex trafficking trial set for May 2025
A judge in New York has set a 2025 trial date for rapper Sean "Diddy" Combs, who was arrested for sex trafficking, racketeering and conspiracy.
Sean "Diddy" Combs court hearing
Sean "Diddy" Combs' lawyer spoke to reporters after a court hearing in the federal case against the disgraced music mogul. A court date has been set for May 5, 2025.
Afghan charged with planning Election Day attack previously worked for CIA
Nasir Ahmad Tawhedi was previously employed by the intelligence agency before coming to the U.S.
Trial of University of Idaho murders suspect delayed until August 2025
Bryan Kohberger faces four murder charges in the fatal stabbings of four college students in November 2022.
After newly elected mayor beheaded, others ask for protection
Mayor Alejandro Arcos had been sworn into office less than a week before he was murdered.
Space
More Space
Stunning images show Hurricane Milton from space
Images from space show the progress of Hurricane Milton towards the western coast of Florida.
SpaceX launches European asteroid probe as hurricane weather closes in
Despite an initially dismal forecast, SpaceX got a break in the weather to send Europe's Hera asteroid probe on its way.
Stormy weather, approaching hurricane, threaten launch delays
With a hurricane approaching, two high-priority NASA and European missions to an asteroid and Jupiter's moon Europa face delays.
Maps show which states could see northern lights this weekend
The northern lights could dazzle millions of Americans in some northern states this weekend.
New Vulcan rocket takes off on second test flight
Despite an apparent problem with one of two strap-on boosters, the Vulcan reached orbit and otherwise performed as expected.
Latest Galleries
More Latest Galleries
Notable Deaths in 2024
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
The troubled marriage of Ashley and Doug Benefield
The seesaw marriage between the former ballerina and her much older husband only lasted four years, until she shot him on Sept. 27, 2020.
Summer music heats up 2024
Live performances are in full swing this summer. Scroll through our concert gallery, featuring pictures by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
Evidence in "The Dexter Killer" case
A look at the evidence in "The Dexter Killer" case; plus, newly revealed letters from the man police say wanted to be like fictional serial killer Dexter Morgan.
Clues and evidence in the John McCabe case
A teenager's murder in Lowell, Massachusetts, goes unsolved for more than 40 years -- were the clues there all along?
Latest CBS News Videos
More Latest CBS News Videos
Latest CBS News Videos
Watch: Coast Guard rescues boat captain clinging to cooler
A boat captain rode out Hurricane Milton overnight in the Gulf of Mexico before he was found clinging to a cooler about 30 miles offshore and rescued by helicopter. (Video provided by the U.S. Coast Guard)
Examining Arizona voters' top issues
Arizona is one of the seven battleground states that will help determine the result of the 2024 presidential election. The state's Senate race could also determine the balance of power in Congress and a ballot measure will decide the state's abortion laws. Arizona Republic national political reporter Ron Hansen joins CBS News to discuss Arizonans' top issues.
Obama campaigns for Harris
Former President Barack Obama is campaigning for Vice President Kamala Harris in Pittsburgh, Pennsylvania, Thursday. Meanwhile, Florida Gov. Ron DeSantis is accusing Harris of "politicizing" the hurricane disaster recovery. CBS News chief election and campaign correspondent Robert Costa reports on Harris' campaign and the politics of disaster relief.
On-the-ground look at Orlando flooding, damage
Hurricane Milton caused catastrophic floods in Florida, causing several deaths and leaving over 3 million residents without power. CBS News national correspondent Manuel Bojorquez has more from Orlando.
Sean "Diddy" Combs trial date set
Hip-hop mogul Sean "Diddy" Combs' trial for sex trafficking, racketeering and conspiracy charges has been set for May 2025. Combs pleaded not guilty in September to charges that he abused and exploited multiple victims. CBS New York reporter Alice Gainer has more details.