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
CBS News poll: Haley fares best against Biden as GOP contenders hold national leads
More still think their financial situation would be better under Trump than Biden.
Experimental Alzheimer's, drug addiction ultrasound trials may help patients
New experimental treatments using ultrasound energy to target the brain are being tested to help people with Alzheimer's and those battling drug addiction. The pioneering neurosurgeon behind the technology spoke with 60 Minutes.
Cold front brings subzero temperatures, dangerous winds and snow to millions
More than 95 million people across 25 states were under wind chill warnings, advisories or watches on Sunday as an Arctic cold front hovered over much of the country.
Biden admin. demands Texas allow Border Patrol agents access to border area
The Biden administration said it would refer the case to the Justice Department if Texas state soldiers do not stop blocking Border Patrol agents from a park in Eagle Pass.
Iowa high school principal shot trying to shield students dies days later
Principal Dan Marburger was critically wounded during a Jan. 4 attack when a 17-year-old shooter opened fire at Perry High School, killing a student and injuring several others.
Owners saddled with half-empty office buildings as hybrid work trend continues
Hybrid work has put office building owners in a bind and could pose a risk to banks. Landlords are now confronting the fact that some of their office buildings have become obsolete, if not worthless.
North Korea says it's carried out its first missile test of 2024
Pyongyang says the missile had solid-fuel, an intermediate range and a hypersonic warhead. Analysts say the North is seeking stronger, harder-to-detect weapons to hit remote U.S. targets in the region.
Texas mother Kate Cox on her legal fight for an abortion: "It was crushing"
In her first TV interview since the Texas Supreme Court decision, Kate Cox, who was pregnant with a girl with the genetic condition trisomy 18, discusses being forced to leave Texas to obtain the medical procedure.
4 dead, 1 critically hurt in Arizona hot air balloon crash
A hot air balloon crashed in Arizona, killing four people and injuring another, police said.
Retirement
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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.
Biden admin. demands Texas allow Border Patrol agents access to border area
The Biden administration said it would refer the case to the Justice Department if Texas state soldiers do not stop blocking Border Patrol agents from a park in Eagle Pass.
Joseph Zadroga, advocate for 9/11 first responders, killed in parking lot
Zadroga, a former police chief, spearheaded an initiative that brought health screenings and financial aid to sick 9/11 first responders.
Monday's Steelers-Bills wild card game will not be delayed again
The Steelers and the Bills will face off Monday in the wild card round despite expected temperatures in the teens, New York Gov. Kathy Hochul announced.
Cold front brings subzero temperatures, dangerous winds and snow to millions
More than 95 million people across 25 states were under wind chill warnings, advisories or watches on Sunday as an Arctic cold front hovered over much of the country.
4 dead, 1 critically hurt in Arizona hot air balloon crash
A hot air balloon crashed in Arizona, killing four people and injuring another, police said.
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
Biden admin. demands Texas allow Border Patrol agents access to border area
The Biden administration said it would refer the case to the Justice Department if Texas state soldiers do not stop blocking Border Patrol agents from a park in Eagle Pass.
Burgum endorses Trump on eve of Iowa caucuses
North Dakota Gov. Burgum dropped out of the race in early December after struggling to qualify for the third and fourth GOP debates.
How many delegates does Iowa have?
Despite a relatively small number of delegates being awarded in the caucus, being first-in-the-nation means all eyes are on Iowa.
Full transcript of "Face the Nation," Jan. 14, 2024
On this "Face the Nation" broadcast, House Speaker Mike Johnson and former Rep. Liz Cheney join Margaret Brennan.
CBS News analysis: Most Republicans agree with "poisoning the blood" language
And Trump saying it makes them even more accepting.
HealthWatch
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HealthWatch
Kate Cox on her legal fight for an abortion in Texas
Last August, tests revealed that Kate Cox, a mother of two in Texas, was pregnant with a child that had Trisomy 18, a genetic condition that causes severe developmental problems. According to Cox's doctors, the prognosis for the baby was death before or shortly after birth, and Cox's future fertility was at risk. She sued to receive an abortion under Texas law which bans the procedure in nearly all cases, but found herself caught in a legal battle with the state's attorney general. Correspondent Tracy Smith talks with Kate Cox, her husband Justin and with their lawyer, Molly Duane, about the court decisions that forced Cox to leave Texas for the medical procedure.
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.
World
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North Korea says it's carried out its first missile test of 2024
Pyongyang says the missile had solid-fuel, an intermediate range and a hypersonic warhead. Analysts say the North is seeking stronger, harder-to-detect weapons to hit remote U.S. targets in the region.
Police arrest 6 over alleged plot to disrupt London Stock Exchange
Investigators determined that members of the Palestine Action group planned on blocking the stock exchange building from opening for trading.
Denmark's King Frederik X begins reign after Queen Margrethe's abdication
Denmark's beloved Queen Margrethe II signed documents declaring her abdication from the throne on Sunday, just before her son, Frederik, was formally proclaimed the new king.
Iceland volcano erupts anew, spewing lava toward town near country's main airport
The eruption, the second in less than a month, came after a swarm of earthquakes near the town of Grindavik, and the community was evacuated.
Israeli hostage's family says they're "desperate" after 100 days of war
Israeli leaders insist that freeing the remaining hostages seized during Hamas' terror attack is a priority, but after 100 days of war, one hostage's family says they feel forgotten.
Entertainment
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Joyce Randolph, star of iconic sitcom "The Honeymooners," dead at 99
Randolph died on Saturday evening, her son Randolph Charles confirmed to CBS News.
Here Comes the Sun: Ridley Scott and more
Director Ridley Scott sits down with Mark Phillips to discuss his latest film, “Napoleon.” Then, Tracy Smith heads to Mr. Beef, the Chicago staple that inspired the FX series “The Bear.” “Here Comes the Sun” is a closer look at some of the people, places and things we bring you every week on “CBS Sunday Morning.”
Sofía Vergara on remaking herself as "Griselda"
The star of the sitcom "Modern Family" is back, transforming herself into a Colombian cartel leader known as "The Black Widow," who was rumored to have ordered the deaths of hundreds of people.
Sofía Vergara on remaking herself as "Griselda"
We came to know Sofía Vergara as the feisty, funny Gloria Pritchett in the long-running sitcom "Modern Family." Now she's back in "Griselda," a new Netflix series about Griselda Blanco, a Colombian cartel leader known as "The Black Widow," who, it was rumored, had ordered the deaths of hundreds of people. Correspondent Jonathan Vigliotti talks with Vergara about taking on the brutally challenging role (and about the prosthetics that dramatically transformed her appearance). He also talks with director Andrés Baiz and writer Eric Newman (known for the hit series "Narcos"), about the "big leap" taken by Vergara.
Broadway's "How to Dance in Ohio" shines a light on autistic stories
The new Broadway musical tells the real-life story of a group of autistic young people who are getting ready for their first formal dance. In a trailblazing first, the autistic characters are all played by autistic actors.
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
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Pee-cycling: Turning human urine into fertilizer
The Rich Earth Institute in Vermont collects, pasteurizes and distributes recycled human urine as agricultural fertilizer, to return precious nutrients and minerals to the soil. Pee jokes are an occupational hazard.
Pee-cycling: Turning human urine into fertilizer
Researchers around the world are studying the use of recycled human urine as agricultural fertilizer, to return precious nutrients and minerals to the soil. Correspondent Faith Salie talks with representatives of the Rich Earth Institute about the process of collecting, pasteurizing and distributing massive quantities of pee, and with farmers and gardeners in Vermont who are using urine on their land.
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.
Crime
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Texas jeweler killed in targeted hit involving son, daughter-in-law
Nick Shaughnessy and two hit men were sentenced to 35 years, Jaclyn Edison served 120 days for their roles in the murder of affluent jeweler Ted Shaughnessy, and the attempted murder of his wife Corey.
Sources: Gilgo Beach suspect expected to be charged in 4th murder
Rex Heuermann has pleaded not guilty to the murders of three other women whose remains were found on the south shore of Long Island in 2010.
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.
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
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Latest CBS News Videos
1/14: Face The Nation
The 2024 Republican race for president will have its first nominating contests in Iowa this week and New Hampshire next week. Republican New Hampshire Gov. Chris Sununu, who has endorsed former U.S. ambassador to the U.N. Nikki Haley, joins Margaret Brennan to discuss the state of the race. Plus, Charlie D'Agata joins from Tel Aviv, Israel, as Israel's war with Hamas reaches the grim milestone of 100 days.
Iceland volcano erupts
A volcano in Iceland began erupting Sunday, sending lava into the nearby fishing town of Grindavik. Nobody was hurt, as the town was evacuated overnight.
Principal who protected kids during shooting dies
Iowa high school principal Dan Marburger, who shielded students during a shooting at the school earlier in January, has died, his wife said on social media.
Ukraine seeks more military aid
Ukrainian President Volodymyr Zelenskyy is set to travel to Switzerland to ask for more aid in his country's fight against the ongoing Russian invasion. The U.S. has supplied Ukraine with some $40 billion in aid since the war began two years ago, while Russia is being supplied by North Korea and Iran. Chris Livesay reports.
How the Iowa caucuses work
The Iowa caucuses mark the first contest in the 2024 presidential election. Ed O'Keefe explains how the system works.