Buckle up, America: The Fed wants to put you out of a job
Fed Chief Jerome Powell says curbing inflation will cause pain. Critics say putting millions out of work is unnecessary.
MoneyWatch
Latest News
Floridians face empty shelves, rationing as Hurricane Ian nears
One Florida woman went hunting for water but left stores empty-handed as shoppers stock up on hurricane essentials.
SiriusXM, ESPN suspend Brett Favre's shows amid welfare scandal
The former quarterback has been accused of trying to steer welfare funds to the volleyball program at his alma mater.
British pound slides to all-time low against the dollar
Financial markets reacted with alarm to new U.K. Prime Minister Liz Truss' emergency budget measures.
Forgiving student debt may cost $400 billion over 10 years
Forecast from Congressional Budget Office estimates extending repayment pause will cost another $20 billion.
Investors yank money from company planning merger with Trump forum
Investors that had pledged $1 billion to fund the social media company can now back out due to a merger delay.
Americans struggle to pay utilities as energy prices surge
About 20% of households have missed or made a late payment on their utility bill, Bank of America found.
San Francisco airport workers to travelers: Bring your own food
Union says walkout by a thousand employees involves "virtually every food and beverage outlet within the airport."
Amazon to hold Prime Day-like shopping event in October
"Prime Early Access" sale will be the first time the retailer holds a major sales promotion twice in a year.
Managing Your Money
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Is life insurance worth it?
There are multiple benefits to having life insurance - but is it worth the cost?
4 ways a reverse mortgage can help you
There are multiple benefits to taking out a reverse mortgage.
How to find a good moving company
Here are five ways to help you find a cost-effective and reliable moving company.
Money Tech
Mark Zuckerberg's net worth has dropped $71 billion this year
Once the world's third-richest man, he's been knocked off his perch by the stock market slump and Meta's troubles.
Uber dealing with "cybersecurity incident" after hacker appears to breach system
There was no indication that Uber's fleet of vehicles or its operation was in any way affected.
Ethereum's "Merge" is live — here's what you need to know
Crypto enthusiasts say a shift in how ethereum — the second-most popular blockchain — works will revolutionize digital currencies.
California sues Amazon, alleging its dominance pushes up prices
Lawsuit claims the retail giant forces sellers to keep their prices high in order to use its platform.
Twitter had "no locks on the doors," whistleblower tells Senate
Twitter's former security chief, Peiter Zatko, said the tech giant is a "decade behind" in protecting user safety.
United Airlines sees future for flying electric taxis
Carrier is investing $15 million in a maker of electric vertical take-off and landing vehicles.
Twitter is finally testing out an edit button
Twitter said the feature will later expand to Twitter Blue subscribers, which means you'll have to pay to use the edit button.
California lawmakers OK bills to curtail social media
"The online world has created tremendous opportunities, but also real and proximate threats," said one legislator.
Google bars downloads of Truth Social over violent content
About 4 in 10 mobile phones use Google's Android platform, which may keep millions from joining Donald Trump's service.
Latest News
Hurricane Ian on track to hit Florida as major storm this week
Hurricane Ian moved near the Cayman Islands and closer to western Cuba early Monday on a track to hit Florida as a major hurricane this week.
Rioter allegedly called by White House on Jan. 6 identified as New York man
The call allegedly lasted just nine seconds.
NASA probe crashes into asteroid in planetary defense test
The 14,000-mph impact is designed to test whether a future threatening asteroid can be nudged off course
Puerto Rico calls on U.S. to allow ship carrying vital diesel fuel to dock
A vessel carrying 300,000 barrels of fuel to Puerto Rico, where Hurricane Fiona caused massive blackouts, is stalled off the island's southern coast.
Putin grants Russian citizenship to Edward Snowden
Snowden has been living in Russia since 2013 to escape prosecution in the U.S. after leaking classified documents.
SiriusXM, ESPN suspend Brett Favre's shows amid welfare scandal
The former quarterback has been accused of trying to steer welfare funds to the volleyball program at his alma mater.
17 dead, 24 wounded in Russia school shooting
Russia's Investigative Committee identified the gunman as 34-year-old Artyom Kazantsev, a graduate of the school, and said he was wearing a shirt bearing "Nazi symbols."
British pound slides to all-time low against the dollar
Financial markets reacted with alarm to new U.K. Prime Minister Liz Truss' emergency budget measures.
3-year-old dies after aunt allegedly pushed him into Lake Michigan
Victoria Moreno, 34, was originally charged with attempted murder and aggravated battery after the alleged incident last week.
Small Business
More
Abortion pill startup sells meds to women who aren't pregnant
Company says giving patients abortion pills before they're needed provides "peace of mind."
Community aids in Filipino food truck's pandemic rebound
Owner encourages customers to "give a high five" to local businesses raising prices. "It means a lot."
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.
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.
Magnus Carlsen confirms he quit match against Hans Niemann over cheating scandal
Carlsen last week sent shockwaves across the chess world when he resigned after just one move during a match against Niemann.
British pound slides to all-time low against the dollar
Financial markets reacted with alarm to new U.K. Prime Minister Liz Truss' emergency budget measures.
The Jan. 6 investigation and the Trump effect — CBS News poll
What impact have the Jan. 6, 2021, investigations had on voting choices?
Betty White memorabilia auction rakes in $4 million
The top selling item was a piece from "The Golden Girls" set, which earned 76 times its original estimate.
Forgiving student debt may cost $400 billion over 10 years
Forecast from Congressional Budget Office estimates extending repayment pause will cost another $20 billion.
MoneyWatch
More MoneyWatch
British pound slides to all-time low against the dollar
Financial markets reacted with alarm to new U.K. Prime Minister Liz Truss' emergency budget measures.
Forgiving student debt may cost $400 billion over 10 years
Forecast from Congressional Budget Office estimates extending repayment pause will cost another $20 billion.
San Francisco airport workers to travelers: Bring your own food
Union says walkout by a thousand employees involves "virtually every food and beverage outlet within the airport."
Investors yank money from company planning merger with Trump forum
Investors that had pledged $1 billion to fund the social media company can now back out due to a merger delay.
Floridians face empty shelves, rationing as Hurricane Ian nears
One Florida woman went hunting for water but left stores empty-handed as shoppers stock up on hurricane essentials.
Politics
More Politics
Rioter allegedly called by White House on Jan. 6 identified as New York man
The call allegedly lasted just nine seconds.
The Jan. 6 investigation and the Trump effect — CBS News poll
What impact have the Jan. 6, 2021, investigations had on voting choices?
Forgiving student debt may cost $400 billion over 10 years
Forecast from Congressional Budget Office estimates extending repayment pause will cost another $20 billion.
James Florio, former New Jersey governor and U.S. rep, dies at 85
Former New Jersey Gov. James Florio has died at age 85.
Biden to host France's Macron for state visit Dec. 1
Macron also met with former President Donald Trump for a state visit in 2018.
Health
More Health
Arizona can enforce near-total abortion ban, judge rules
The judge lifted a decades-old injunction that has long blocked enforcement of the law, on the books since before Arizona became a state, that bans nearly all abortions.
CDC says some nursing homes and hospitals no longer need to require universal masking
Masking is now urged only in communities seeing "high" transmission of the virus.
Suicide attempts among teen girls increased 50% during pandemic, CDC finds
It's "absolutely" OK to talk with your child about suicide, a family therapist said.
Teen girls' mental health worsened amid pandemic
The number of teenage girls who have been suicidal has increased 50% since 2019, according to the Centers for Disease Control and Prevention. A family therapist says it's "absolutely" OK for parents to talk with their children about suicide and shares some warning signs. Meg Oliver has more.
Two companies fined for selling pesticides as COVID-19 killers
Zoono Microbe Shield was marketed as protecting against COVID-19 but is only effective against bacteria, fungi and mold, EPA said.
World
More World
"She was tortured": Mahsa Amini's family speaks out amid Iran protests
Her father says she was beaten by the morality police, the enforcers of Iran's strict dress code.
Magnus Carlsen confirms he quit match against Hans Niemann over cheating scandal
Carlsen last week sent shockwaves across the chess world when he resigned after just one move during a match against Niemann.
British pound slides to all-time low against the dollar
Financial markets reacted with alarm to new U.K. Prime Minister Liz Truss' emergency budget measures.
Cuba approves same-sex marriage in historic referendum
Nearly 67% voted in favor of the referendum, which also allows same-sex couples to adopt.
How to watch NASA spacecraft crash into asteroid at 15,000 mph
NASA scientists are gearing up for the world's first mission testing planetary defense — and they want you to watch.
Entertainment
More Entertainment
Wildest celebrity fashion
Celebrities have been stepping out in wild outfits for years... some more often than others.
Betty White memorabilia auction rakes in $4 million
The top selling item was a piece from "The Golden Girls" set, which earned 76 times its original estimate.
Post Malone cancels concert after hospitalization
Last week, the singer took a fall on stage during a concert in St. Louis.
Rihanna to headline Super Bowl halftime show
The Super Bowl will take place at State Farm Stadium in Glendale, Arizona, on Feb. 12.
Sigourney Weaver on what makes creativity thrive
In this web exclusive, actress Sigourney Weaver talks with "Sunday Morning" anchor Jane Pauley about why she didn't expect to succeed in the business, and about the kind of atmosphere in which actors can do their best work.
Technology
More Technology
Technology
NASA crashes DART spacecraft into asteroid
NASA successfully crashed its DART spacecraft into an asteroid in hopes of altering the space rock's trajectory. Scientists hope to be able to use a similar strategy to protect Earth from future incoming asteroids. CBS News' John Dickerson speaks with Derrick Pitts, chief astronomer at Philadelphia's Franklin Institute, about the historic implications of this unprecedented test.
NASA tests planetary defense with asteroid collision
NASA crashed a spacecraft into an asteroid in a test that could one day be used to prevent a doomsday collision with Earth. Mark Strassmann has more.
Smart home security tips for personal and cyber protection
ZDNet Editor-in-Chief Jason Hiner explains best practices for setup and success of smart home security systems.
Amazon to hold Prime Day-like shopping event in October
"Prime Early Access" sale will be the first time the retailer holds a major sales promotion twice in a year.
Apple will manufacture iPhone 14 in India
Tech giant is shifting some manufacturing from China amid geopolitical tensions and pandemic restrictions.
Science
More Science
Science
NASA crashes DART spacecraft into asteroid
NASA successfully crashed its DART spacecraft into an asteroid in hopes of altering the space rock's trajectory. Scientists hope to be able to use a similar strategy to protect Earth from future incoming asteroids. CBS News' John Dickerson speaks with Derrick Pitts, chief astronomer at Philadelphia's Franklin Institute, about the historic implications of this unprecedented test.
NASA tests planetary defense with asteroid collision
NASA crashed a spacecraft into an asteroid in a test that could one day be used to prevent a doomsday collision with Earth. Mark Strassmann has more.
How to watch NASA spacecraft crash into asteroid at 15,000 mph
NASA scientists are gearing up for the world's first mission testing planetary defense — and they want you to watch.
NASA spacecraft is about to hit an asteroid "head-on" at 15,000 mph
The DART spacecraft is set to purposely crash into an asteroid — a test for a potential real threat far in the future.
"Once-in-a-lifetime" Tonga volcano blast could warm the Earth
The watery blast from the volcano was huge and unusual — and scientists are still trying to understand its impacts.
Crime
More Crime
Crime
Up to 4 people could be charged in "Rust" shooting, DA says
Nearly a year after the deadly shooting on the set of Alec Baldwin's film "Rust," several people, including the actor, could face criminal charges, according to a district attorney investigating the shooting.
Brett Favre suspended from radio show amid scandal
Former NFL quarterback Brett Favre's weekly radio show and podcast have been suspended by SiriusXM and ESPN after he was linked to the largest public fraud case in Mississippi history. Nancy Chen reports.
Protesters rage against Iran's government
The largest anti-government protests in Iran in years are growing even louder since the death of 22-year-old Mahsa Amini in the custody of the morality police. Ramy Inocencio spoke with one of her relatives, who accuses authorities of torturing her.
White House called rioter on Jan. 6, Riggleman says
The rioter who Denver Riggleman, a former adviser for the Jan. 6 Committee, said was called by the White House on Jan. 6, 2021, is a 26-year-old man from New York, CBS News has learned. Scott MacFarlane has more details.
Putin's mobilization sparks opposition
The fighting in Ukraine has led to protests in Russia's streets after President Vladimir Putin's mobilization order. Some men are fleeing the country. Ukraine's President Volodymyr Zelenskyy says his country is not afraid of Russia. Debora Patta reports.
Space
More Space
How to watch NASA spacecraft crash into asteroid at 15,000 mph
NASA scientists are gearing up for the world's first mission testing planetary defense — and they want you to watch.
Hurricane Ian prompts moon rocket roll back to hangar
The first Artemis program moonshot likely will be delayed to November.
NASA probe crashes into asteroid in planetary defense test
The 14,000-mph impact is designed to test whether a future threatening asteroid can be nudged off course.
NASA spacecraft is about to hit an asteroid "head-on" at 15,000 mph
The DART spacecraft is set to purposely crash into an asteroid — a test for a potential real threat far in the future.
How to watch Jupiter make its closest approach to Earth in decades
Stargazers can get the view of a lifetime on Monday night as Jupiter makes its closest approach to Earth since 1963.
Latest Galleries
More Latest Galleries
Wildest celebrity fashion
Celebrities have been stepping out in wild outfits for years... some more often than others.
Evidence in the Lori Slesinski murder case
Inside the mysterious disappearance of Lori Slesinski and the trial of Rick Ennis, a man with a criminal past, accused of her murder.
King Charles III through the years
In September 2022, at age 73, the eldest son of Queen Elizabeth II ascended to the British throne.
Britain lays Queen Elizabeth II to rest
Royals, heads of state and mourners gather to honor Britain's longest-reigning monarch.
How rich is the British royal family?
The royal family owns a lot more than you might think — and it's not just castles and property, either.
Latest Videos
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Latest Videos
Iran protests continue as crackdown escalates
Anti-government protests in Iran continue over the death of 22-year-old Mahsa Amini, who died in the custody of the country's morality police. CBS News’ Ramy Inocencio reports. Then, Karim Sadjadpour, senior fellow at the Carnegie Endowment for International Peace, joins John Dickerson on “Prime Time” to discuss the ongoing protests.
Italians vote in right-wing government
Giorgia Meloni, leader of the Brothers of Italy party, is set to form a coalition government and become Italy's first female prime minister. Ruth Ben-Ghiat, a professor of History and Italian Studies at New York University joins John Dickerson on "Prime Time" to discuss the impact of the country's most right-wing government since World War II.
NASA crashes DART spacecraft into asteroid
NASA successfully crashed its DART spacecraft into an asteroid in hopes of altering the space rock's trajectory. Scientists hope to be able to use a similar strategy to protect Earth from future incoming asteroids. CBS News' John Dickerson speaks with Derrick Pitts, chief astronomer at Philadelphia's Franklin Institute, about the historic implications of this unprecedented test.
Meet the Latino artist who drew Apple's iconic logo
Latino artist Carlos Pérez David is in the Mexican American Hall of Fame, but most people don't know the Apple logo is his most famous work of art. KPIX's Mary Lee shares more.
Biden plans crackdown on hidden airline fees
The Biden administration is planning a crackdown on hidden airline fees. The administration wants to require airlines to post extra costs, like baggage and change fees, with their flight prices so that customers know the "true cost" of airline tickets.