Companies give people fake "manager" titles, and save billions
Calling your retail clerk an "assistant store manager" has a surprisingly big payoff, new research finds.
MoneyWatch
Latest News
ChatGPT is growing faster than TikTok
AI text tool is already estimated to have acquired 100 million monthly users only two months after it was launched.
Fed rate hike is smallest in nearly a year. It will still impact your money.
Because inflation is easing, Fed is increasing rates at slower pace. But borrowing will still be more expensive.
Conagra Brands recalls nearly 2.6 million pounds of canned meat and poultry
So far, no consumers have reported any illnesses as a result of the possible contamination.
Black Americans more likely to be IRS audited than other races
A new study suggests ways the IRS could solve an algorithmic bias that has harmed low-income and Black taxpayers.
Federal Reserve hikes interest rates 0.25 percentage point
The central bank is easing up on rate increases as the economy slows and amid concerns about a possible recession.
GoodRx shared consumer health data with Facebook, Google, FTC says
FTC is fining GoodRx for alleged unauthorized disclosures of consumers' personal health info to Facebook, Google, others.
Layoff survivor guilt hits workers who remain after job cuts
Feelings of guilt, paranoia and anxiety often kick in among those who survive layoffs. Here's how to cope.
Utilities are cutting power to millions of struggling Americans
During pandemic, nonpaying customers were protected against shut-offs. Now millions are losing electricity, gas.
Managing Your Money
More
Should seniors refinance their mortgage?
There are multiple reasons to refinance your mortgage, even for seniors. Here's how to know if it's worth it.
2 main reasons to buy pet insurance now
Pet insurance isn't something you'll want to wait to buy. Here are two major benefits to securing a policy now.
How does term life insurance work?
Term life insurance is one of the simplest and cheapest forms of life insurance on the market. This is how it works.
Money Tech
ChatGPT is growing faster than TikTok
AI text tool is already estimated to have acquired 100 million monthly users only two months after it was launched.
White House takes aim at Apple and Google for their app stores
Commerce Department report accuses two tech giants of operating mobile app stores that stifle competition.
These jobs are most likely to be replaced by ChatGPT and AI
New bots and other AI tools are likely to supplant people in performing certain workplace tasks, experts say.
PayPal to cut 2,000 jobs, or 7% of its workforce
The digital payments company is the latest tech giant to slash jobs, citing a "challenging macro-economic environment."
Here are the latest tech layoffs as the industry shudders
Tech companies large and small are slashing their payrolls, fearing a recession is on the way. Here's a running list.
State Farm says it stopped insuring some Kia, Hyundai vehicles
The decision comes after an analysis found some 2015-19 Hyundai and Kia vehicles lack protections to prevent theft.
How will Netflix stop you from sharing your password?
Streaming company said a crackdown is coming by March, but a similar effort in other countries yielded mixed results.
Amazon launches subscription prescription drug service
New program lets Amazon Prime members pay a modest monthly fee for access to common generic medications.
Microsoft pouring billions into ChatGPT-maker OpenAI
Software giant is making a potentially "game-changing AI investment" in the company behind ChatGPT app.
Latest News
Biden and McCarthy meet amid debt limit standoff
House Speaker Kevin McCarthy characterized their meeting as "good," but said no agreements were made.
VP Harris speaks at Tyre Nichols' funeral: "We mourn with you"
Vice President Kamala Harris spoke at the funeral of the 29-year-old who died after being beaten by police. "We mourn with you," she told his family.
Groundhog Day 2023: Punxsutawney Phil makes his annual prediction
Punxsutawney Phil made his prediction as a deadly storm wreaked havoc in the South and the Northeast was bracing for a dangerous Arctic blast.
No documents with classified markings found at Biden's Rehoboth home, lawyer says
President Biden "agreed to cooperate" with the FBI search at his Delaware vacation home, his personal attorney said.
Hunter Biden calls for investigations in new front against GOP foes
His legal team is going on the offensive, calling for state and federal investigations into the dissemination of material from his laptop.
Texas executes man convicted in fatal 2007 shooting of Dallas officer
Wesley Ruiz received a lethal injection at the state penitentiary in Huntsville for the killing of Dallas Police Senior Cpl. Mark Nix.
Another sailor assigned to USS George Washington dies by suicide, police say
This is the fourth sailor assigned to the USS George Washington who has died by suicide in less than a year.
N.Y. judge jails ex-gynecologist who abused hundreds of women
A prosecutor called Robert Hadden "a predator in a white coat." The Judge ordered him to spend the next two months in jail as he awaits sentencing.
"Dancing With Wolves" actor slated to face judge on sex abuse charges
Possible charges against Nathan Chasing Horse include sex trafficking and sexual assault of Indigenous girls. He's believed to be leader of a cult.
Small Business
More
Abortion care startup touts the merits of telemedicine
Abortion pill provider reports big increase in online traffic — and high anxiety among patients — after Roe was struck down.
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.
Retirement
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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.
Companies give people fake "manager" titles, and save billions
Calling your retail clerk an "assistant store manager" has a surprisingly big payoff, new research finds.
Groundhog Day 2023: Punxsutawney Phil makes his annual prediction
Punxsutawney Phil made his prediction as a deadly storm wreaked havoc in the South and the Northeast was bracing for a dangerous Arctic blast.
N.Y. judge jails ex-gynecologist who abused hundreds of women
A prosecutor called Robert Hadden "a predator in a white coat." The Judge ordered him to spend the next two months in jail as he awaits sentencing.
Woman identified 37 years after she was found dying next to highway
DNA technology was used to make the match after the woman's body was exhumed from her grave.
"Dancing With Wolves" actor slated to face judge on sex abuse charges
Possible charges against Nathan Chasing Horse include sex trafficking and sexual assault of Indigenous girls. He's believed to be leader of a cult.
MoneyWatch
More MoneyWatch
Companies give people fake "manager" titles, and save billions
Calling your retail clerk an "assistant store manager" has a surprisingly big payoff, new research finds.
Conagra Brands recalls nearly 2.6 million pounds of canned meat and poultry
So far, no consumers have reported any illnesses as a result of the possible contamination.
ChatGPT is growing faster than TikTok
AI text tool is already estimated to have acquired 100 million monthly users only two months after it was launched.
Black Americans more likely to be IRS audited than other races
A new study suggests ways the IRS could solve an algorithmic bias that has harmed low-income and Black taxpayers.
Stocks rise after Fed acknowledges "disinflationary process"
"We will need substantially more evidence to be confident that inflation is on ... downward path," said Fed Chair Jerome Powell
Politics
More Politics
Congressional Black Caucus to push for police reform in White House meeting
Some lawmakers are expected to bring family members of victims of police violence to President Biden's State of the Union address.
FBI investigating Santos' alleged role in fundraiser for veteran's dying dog
A veteran has alleged that Santos helped him raise $3,000 for his dying dog through Santos' pet charity, but the veteran said he never got the money.
Hunter Biden calls for investigations in new front against GOP foes
His legal team is going on the offensive, calling for state and federal investigations into the dissemination of material from his laptop.
Another sailor assigned to the USS George Washington dies by suicide, police say
This is the fourth sailor assigned to the USS George Washington who has died by suicide in less than a year.
Stocks rise after Fed acknowledges "disinflationary process"
"We will need substantially more evidence to be confident that inflation is on ... downward path," said Fed Chair Jerome Powell
Health
More Health
Conagra Brands recalls nearly 2.6 million pounds of canned meat and poultry
So far, no consumers have reported any illnesses as a result of the possible contamination.
GoodRx shared consumer health data with Facebook, Google, FTC says
FTC is fining GoodRx for alleged unauthorized disclosures of consumers' personal health info to Facebook, Google, others.
15 students in Mexico treated after taking part in tranquilizer "challenge"
Mexico's Health Department warned about the social media challenge, dubbed "the last one to fall asleep wins."
CDC tells consumers to stop using Ezricare Artificial Tears
Disease researchers are probing infections in dozens of patients in 11 states and one death linked to the use of artificial tears brand.
House to vote on ending telework
The House will vote on ending work from home for federal employees as the threat of the COVID pandemic recedes. Telework of federal workers has more than doubled since 2018. CBS News congressional correspondent Scott Macfarlane reports.
World
More World
Israeli police say American tourist arrested for toppling Jesus statue
The mental health of the man, who allegedly knocked over and broke the statue in a church in Jerusalem's Old City, was being assessed.
Zoo director killed and cooked 4 pygmy goats for holiday party in Mexico
It was not clear if José Rubén Nava had been formally charged in the case, or if he had a lawyer.
Ukrainian ballet company uses stage as a refuge from horrors of war
The United Ukrainian Ballet company is making its U.S. debut at the Kennedy Center.
Iran couple reportedly sentenced to prison after Instagram dance video
A rights group says the pair were "violently" arrested soon after sharing the seemingly innocuous clip with their millions of Instagram followers.
U.K. hobbled by biggest labor strikes in more than a decade
An estimated 500K workers, from teachers to train drivers, are demanding better pay and work conditions amid soaring inflation exacerbated by Brexit.
Entertainment
More Entertainment
Entertainment
Ukrainian ballet company makes U.S. debut
The men and women of the United Ukrainian Ballet company will make their U.S. debut in Washington, D.C., on Wednesday night. For their members, the stage is a refuge from the horrors of war. Christina Ruffini has more.
Rock & Roll Hall of Fame nominees announced
A diverse group of musicians were nominated for the Rock and Roll Hall of Fame on Wednesday, including Cyndi Lauper, George Michael, Rage Against the Machine, Willie Nelson and Missy Elliott.
Missy Elliott, Cyndi Lauper, Sheryl Crow among new Rock Hall of Fame nominees
Over half of this year's potential inductees are nominated for the first time, including Elliott, Lauper, Crow, Willie Nelson and more.
Beyoncé announces Renaissance world tour
The star announced dozens of tour dates around the world this year. Here's what we know so far.
Ozzy Osbourne is retiring from touring, saying he's "not physically capable"
Osbourne said he never imagined his "touring days would have ended this way."
Technology
More Technology
ChatGPT is growing faster than TikTok
AI text tool is already estimated to have acquired 100 million monthly users only two months after it was launched.
GoodRx shared consumer health data with Facebook, Google, FTC says
FTC is fining GoodRx for alleged unauthorized disclosures of consumers' personal health info to Facebook, Google, others.
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.
White House takes aim at Apple and Google for their app stores
Commerce Department report accuses two tech giants of operating mobile app stores that stifle competition.
These jobs are most likely to be replaced by ChatGPT and AI
New bots and other AI tools are likely to supplant people in performing certain workplace tasks, experts say.
Science
More Science
Science
Investors eye water rights amid drought
As the Western megadrought continues, investors have been buying up land to secure the water rights that go along with them. Ben Tracy takes a look.
New York investors eye increasingly scarce water in the West
Investment firms are showing a growing interest in an increasingly scarce natural resource in the American West. For some, that's concerning.
Mars craters and cracks create image of a teddy bear
The surprise bear face spans more than 1 mile across.
Why San Diego's waves turned bright pink
San Diego's usually blue waves recently turned a bright fuchsia, and scientists are explaining why.
Archaeologists find the oldest non-royal mummy ever discovered in Egypt
The mummy of an ancient Egyptian named Hekashepes represents two remarkable firsts, but it wasn't the lead scientist's favorite discovery at Saqqara this week.
Crime
More Crime
Israeli police say American tourist arrested for toppling Jesus statue
The mental health of the man, who allegedly knocked over and broke the statue in a church in Jerusalem's Old City, was being assessed.
Zoo director killed and cooked 4 pygmy goats for holiday party in Mexico
It was not clear if José Rubén Nava had been formally charged in the case, or if he had a lawyer.
N.Y. judge jails ex-gynecologist who abused hundreds of women
A prosecutor called Robert Hadden "a predator in a white coat." The Judge ordered him to spend the next two months in jail as he awaits sentencing.
"Dancing With Wolves" actor slated to face judge on sex abuse charges
Possible charges against Nathan Chasing Horse include sex trafficking and sexual assault of Indigenous girls. He's believed to be leader of a cult.
Texas executes man convicted in fatal 2007 shooting of Dallas officer
Wesley Ruiz received a lethal injection at the state penitentiary in Huntsville for the killing of Dallas Police Senior Cpl. Mark Nix.
Space
More Space
20 years after Columbia disaster, NASA remembers crew and lessons learned
Columbia's destruction and the loss of its crew triggered a sharp change of course for America's space program.
Mars craters and cracks create image of a teddy bear
The surprise bear face spans more than 1 mile across.
Lauren Sanchez plans all-women space flight aboard Bezos' Blue Origin rocket
"He'll be cheering us all on from the sidelines," Sanchez said of Amazon and Blue Origin founder Jeff Bezos, who is also her boyfriend.
Rocket Lab launches first flight from Virginia's Eastern Shore
After 32 launches from Rocket Lab's New Zealand facility, the company is now set for regular flights from Virginia's Eastern Shore.
NASA gets best look yet at the "deepest, coldest ices" in space
The icy ingredients studied in a molecular cloud 500 light-years away provide a "spectral snapshot" of the origins of space bodies.
Latest Galleries
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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.
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.
The Circleville letters: You've got hate mail
An anonymous letter writer terrorizes a small town, threatening to expose their rumored dark secrets.
Celebrities who filed for bankruptcy
They may have famous names and big careers, but these celebs also ran into financial trouble.
Stunning photos from NASA's Artemis I moon mission
The Orion spacecraft sent back some amazing pictures from its 25-day, 1.4-million-mile journey around the moon.
Latest Videos
More Latest Videos
Latest Videos
Shark bites 8-year-old boy
Video captured the scary moment a shark lunged at and bit an 8-year-old boy during a family fishing trip in Australia. It resulted in only a minor bite mark.
Rising cost of child care raises concerns
Experts are sounding the alarm on the rise in child care costs as government subsidies are set to expire. CBS News reporter Sarah Ewall-Wice joins "CBS News Mornings" with the latest.
NFL Legend Tom Brady "retiring for good"
Legendary quarterback Tom Brady announced he's retiring from the NFL "for good" this time. Mark Strassmann looks back at the career of the man considered by many to be football's "greatest of all time."
FBI searches Biden's Rehoboth Beach home
President Biden met with House Speaker Kevin McCarthy Wednesday for the first time since his ascension. Meanwhile, the FBI conducted a search of the president's vacation home in Rehoboth Beach, Delaware, but found no classified documents. Weijia Jiang reports from the White House.
Latest in Alex Murdaugh trial
Prosecutors attempted to poke holes in Alex Murdaugh's alibi in Wednesday's proceedings. Nancy Chen has the latest in the murder trial of the once-prominent South Carolina attorney.