How did Jeffrey Epstein make all of his money?
New legal documents are renewing interest in how Jeffrey Epstein's former net worth and how he amassed his fortune. Here's how he made his money.
MoneyWatch
Latest News
U.S. Mint issues commemorative coins celebrating Harriet Tubman
A limited series of three coins features designs depicting different eras in the life of famed abolitionist and social activist Harriet Tubman.
BPA, phthalates "widespread" in supermarket foods, CR report finds
Among the supermarket foods tested, Annie's Organic Cheesy Ravioli, Del Monte sliced peaches and Chicken of the Sea pink salmon, had the most phthalates per nanogram.
After Claudine Gay's exit, Bill Ackman takes aim at diversity programs
Diversity, equity and inclusion is "inherently a racist and illegal movement," hedge fund billionaire says in 4,000-word screed.
Some workers get hurt on the job more than others — here's who and why
Teenagers and young adults, who make up 13% of the U.S. workforce, get hurt on the job more than older workers.
SpaceX fired workers who criticized Elon Musk, labor officials say
Labor officials allege SpaceX illegally dismissed workers who publicly condemned Elon Musk's tweets as an "embarrassment."
TGI Fridays says it's closing 36 "underperforming" restaurants in U.S.
Many workers will be given opportunities to transfer to other restaurant locations.
How much money do college and university presidents make?
The presidents of the most selective institutions in the U.S. aren't necessarily the highest earners.
Ford recalls nearly 113,000 F-150 pickups over rear axle problem
Broken rear axle hub can cause affected vehicles to lose power or roll away while in park, increasing risk of crash.
Managing Your Money
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Why a high-yield savings account may be preferable to a CD in 2024
Here are three big reasons why a high-yield savings account may be better than a CD for your finances this year.
8 ways to make extra money this January
If you spent a bit more than intended over the holidays, you can make extra cash with these side hustles.
11 best 10-year CDs for January 2024
Short-term CDs aren't the only good options right now. These 10-year CDs also offer big interest returns to savers.
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
6th grade student dead, 5 others injured in Iowa school shooting; suspect dead
Multiple people were injured in a shooting at Perry High School in Iowa on Thursday morning, officials say.
How did Jeffrey Epstein make all of his money?
New legal documents are renewing interest in how Jeffrey Epstein's former net worth and how he amassed his fortune. Here's how he made his money.
Jan. 6 Proud Boys defendant who led law enforcement on manhunt sentenced
Prosecutors alleged Christopher Worrell went missing for weeks after his Jan. 6 conviction and later faked a drug overdose.
Names of people connected to Jeffrey Epstein released by court
A judge ruled in December that names of Jeffrey Epstein contacts, mentioned in a lawsuit against Ghislaine Maxwell, should be unsealed.
Trump businesses got millions in foreign payments while he was president, Dems say
Donald Trump's businesses got at least $7.8 million from foreign governments and government-backed entities from 20 countries while he was president, according to a new report.
72-year-old Florida man arrested for threatening to kill Bay Area Rep. Eric Swalwell
A 72-year-old Florida man was arrested Wednesday morning for apparently threatening to kill a member of Congress -- apparently Bay Area Rep. Eric Swalwell -- and his children, according to the Southern District of Florida United States Attorney's Office.
Father, son arrested in shooting deaths of pregnant Texas teen and boyfriend
San Antonio police say the son is being charged with capital murder and the father with helping the son move the bodies of Savanah Soto and her boyfriend, Matthew Guerra.
Trump lawyers urge court to hold special counsel in contempt
U.S. District Judge Tanya Chutkan agreed last month to temporarily pause proceedings in the case involving the 2020 election while former President Donald Trump pursues an appeal.
"After Midnight," hosted by Taylor Tomlinson, to premiere Jan. 16 on CBS
The late-night series, a new incarnation of Comedy Central's "@midnight," will fill the timeslot that previously featured "The Late Late Show" with James Corden.
Retirement
More
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.
NYC subway trains collide, derail; 24 injuries reported
It happened around 3 p.m. Thursday near 96th Street and Broadway on Manhattan's Upper West Side.
TGI Fridays says it's closing 36 "underperforming" restaurants in U.S.
Many workers will be given opportunities to transfer to other restaurant locations.
How much money do college and university presidents make?
The presidents of the most selective institutions in the U.S. aren't necessarily the highest earners.
This week on "Sunday Morning" (January 7)
A look at the features for this week's broadcast of the 2023 News & Documentary Emmy-winner for Outstanding Recorded News Program, hosted by Jane Pauley.
"After Midnight," hosted by Taylor Tomlinson, to premiere Jan. 16 on CBS
The late-night series, a new incarnation of Comedy Central's "@midnight," will fill the timeslot that previously featured "The Late Late Show" with James Corden.
MoneyWatch
More MoneyWatch
TGI Fridays says it's closing 36 "underperforming" restaurants in U.S.
Many workers will be given opportunities to transfer to other restaurant locations.
How much money do college and university presidents make?
The presidents of the most selective institutions in the U.S. aren't necessarily the highest earners.
BPA, phthalates "widespread" in supermarket foods, CR report finds
Among the supermarket foods tested, Annie's Organic Cheesy Ravioli, Del Monte sliced peaches and Chicken of the Sea pink salmon, had the most phthalates per nanogram.
How did Jeffrey Epstein make all of his money?
New legal documents are renewing interest in how Jeffrey Epstein's former net worth and how he amassed his fortune. Here's how he made his money.
U.S. Mint issues commemorative coins celebrating Harriet Tubman
A limited series of three coins features designs depicting different eras in the life of famed abolitionist and social activist Harriet Tubman.
Politics
More Politics
BPA, phthalates "widespread" in supermarket foods, CR report finds
Among the supermarket foods tested, Annie's Organic Cheesy Ravioli, Del Monte sliced peaches and Chicken of the Sea pink salmon, had the most phthalates per nanogram.
NYC sues bus companies that transported migrants for $708 million
In a stunning and unexpected move to stop Texas Gov. Greg Abbott from shipping busloads of migrants to New York City, Mayor Eric Adams filed suit against 17 charter bus companies used by the Lone Star state.
Jan. 6 Proud Boys defendant who led law enforcement on manhunt sentenced
Prosecutors alleged Christopher Worrell went missing for weeks after his Jan. 6 conviction and later faked a drug overdose.
72-year-old Florida man arrested for threatening to kill Bay Area Rep. Eric Swalwell
A 72-year-old Florida man was arrested Wednesday morning for apparently threatening to kill a member of Congress -- apparently Bay Area Rep. Eric Swalwell -- and his children, according to the Southern District of Florida United States Attorney's Office.
Trump businesses got millions in foreign payments while he was president, Dems say
Donald Trump's businesses got at least $7.8 million from foreign governments and government-backed entities from 20 countries while he was president, according to a new report.
HealthWatch
More HealthWatch
BPA, phthalates "widespread" in supermarket foods, CR report finds
Among the supermarket foods tested, Annie's Organic Cheesy Ravioli, Del Monte sliced peaches and Chicken of the Sea pink salmon, had the most phthalates per nanogram.
Florida official takes aim at COVID vaccines with "misleading" claims, FDA says
Florida's surgeon general Dr. Joseph Ladapo has previously taken aim at the Pfizer and Moderna COVID-19 vaccines with claims that federal health officials called "implausible" and "misleading."
Pediatric respiratory illnesses surging
The new year is bringing a surge in cases of RSV and the flu among kids. Hospitals across the country are dealing with a surge in cases and, in some cases, a lack of beds. Janet Shamlian reports.
Hospitals struggle with influx of kids with respiratory illnesses
At Cook Children's Medical Center in Texas, a second unit that was being renovated had to be opened to deal with the number of patients, one doctor said.
Possible Ozempic side effects, including hair loss, probed by FDA
Ozempic and other GLP-1 RA drugs, including Wegovy, Mounjaro and Zepbound, are being scrutinized.
World
More World
Man survives 23 hours in ocean, close encounter with shark
A New Zealand man who fell overboard during a fishing trip used his wristwatch to signal to rescuers.
Where is Jeffrey Epstein's island — and what reportedly happened there?
Jeffrey Epstein's private island Little St. James is the site of a number of alleged crimes.
Mexico authorities rescue 32 migrants abducted on way to U.S. border
The migrants were kidnapped while traveling by bus through a northeastern Mexican state where criminal gangs operate, authorities said.
Mexican cartel tells residents to pay for makeshift Wi-Fi or "be killed"
People were terrorized "to contract the internet services at excessive costs, under the claim that they would be killed if they did not," prosecutors said.
Iran's supreme leader vows "harsh response" to bomb attack
ISIS claimed responsibility for the attack, which appeared to be the deadliest targeting Iran since the country's 1979 Islamic Revolution.
Entertainment
More Entertainment
"After Midnight," hosted by Taylor Tomlinson, to premiere Jan. 16 on CBS
The late-night series, a new incarnation of Comedy Central's "@midnight," will fill the timeslot that previously featured "The Late Late Show" with James Corden.
Rage Against the Machine won't tour or perform live again, drummer says
Rage Against the Machine's Brad Wilk said he didn't want to "string" fans along any further after canceling a reunion tour.
"The Wizard of Oz" celebrating its 85th anniversary with limited theatrical run
Fans of the classic film will have to act fast — "The Wizard of Oz" will only be in theaters for four days.
Jimmy Kimmel rips Aaron Rodgers after claim about Jeffrey Epstein link
Jimmy Kimmel said Aaron Rodgers' remarks put his "family in danger" and he appeared to threaten legal action against the Jets quarterback.
Books to help tackle new year's goals
Sarah Gelman, Editorial Director of Amazon Books, joins "CBS Mornings" to share her top recommendations to tackle your resolutions in 2024, including eating better and boosting productivity.
Technology
More Technology
Technology
How Google uses AI to reduce traffic, emissions
Transportation is the number one source of planet-warming emissions in the U.S. A new project from Google is using AI to cut down on stop-and-go traffic, which in turn will help reduce emissions. Ben Tracy has the story.
How Google is using AI to help reduce traffic and emissions
Google's Project Green Light aims to reduce stop-and-go traffic by up to 30%, cutting down on planet-warming emissions.
AI could increase cyber threats in 2024
Artificial intelligence is giving cyber criminals another weapon, says CrowdStrike chief security officer Shawn Henry. As AI becomes more accessible, it is enabling individuals with limited coding skills to engage in hacking activities. He discusses how this evolving landscape of AI may affect cyber threats against the U.S. in 2024 and beyond.
Israel-Hamas war misinformation on social media
An investigation by CBS News found misinformation about the Israel-Hamas war can be easily found and spread on social media. One school in Dallas has a media literacy course to help teach teens, who often get their news from social media, how to separate fact from fiction. Tom Hanson reports.
Remembering those lost on OceanGate's Titan submersible
David Pogue looks back at the adventurers who died last June aboard an undersea craft diving to the wreck of the Titanic, and what their loss means - to those left behind, and to the very spirit of exploration.
Science
More Science
Researchers figure out what makes urine yellow
Researchers say they've unraveled a mystery that's puzzled scientists for years and identified the enzyme responsible for urine's yellow color.
Health officials are monitoring a triple threat of respiratory illnesses
The Centers for Disease Control and Prevention is tracking the spread of the flu, RSV and COVID-19 this winter.
Western states see snow drought this year
Much of the Western U.S. is in the midst of a snow drought. Eric Sproles, an assistant professor at Montana State University, joins CBS News with the economic and environmental impacts.
The Endangered Species Act at 50
Historian Douglas Brinkley celebrates the success of the 1973 law that finally gave legal protection to America's iconic flora and fauna facing extinction. In the half-century since the law's introduction, an astonishing 99% of the threatened species originally listed have survived.
Good news you may have missed in 2023
From technology and medicine to the environment, David Progue brings us some of the headlines that remind us 2023 was in many ways a pretty good year!
Crime
More Crime
72-year-old Florida man arrested for threatening to kill Bay Area Rep. Eric Swalwell
A 72-year-old Florida man was arrested Wednesday morning for apparently threatening to kill a member of Congress -- apparently Bay Area Rep. Eric Swalwell -- and his children, according to the Southern District of Florida United States Attorney's Office.
What we know about the Iowa school shooting
There are multiple gunshot victims at a high school in Perry, Iowa, on Thursday, officials say. CBS News' Ed O'Keefe has more on what we know about the shooting.
Police: Multiple victims shot at Iowa school
Officials held a short press conference Thursday morning on the school shooting in Perry, Iowa, saying multiple people had been shot, but that "there is no further danger to the public." Following the news conference, former Boston Police Commissioner Ed Davis joined CBS News with insight into the situation.
Shooting reported at Iowa high school
Authorities are on the scene of a shooting at Perry High School, about 40 miles outside of Des Moines, Iowa. A former New York state homeland security adviser Michael Balboni joined CBS News to discuss the procedures law enforcement officers are likely carrying out at the school.
Iowa school shooting live updates: 6th grade student dead, 5 others injured in Perry High School shooting, suspect identified
Multiple people were injured in a shooting at Perry High School in Iowa on Thursday morning, officials say.
Space
More Space
NASA releases new images of solar system's "most volcanic world"
NASA's spacecraft Juno did a flyby of Jupiter's moon Io to learn more about the lunar body's volcanic activity.
In launch doubleheader, SpaceX puts spaceplane and Starlinks in orbit
SpaceX launches two rockets less than three hours apart to put a military spaceplane and 23 more Starlink internet satellites into orbit.
Artemis III moon landing likely delayed
NASA's Artemis III crewed moon landing will likely be delayed, the Government Accountability Office said in a recent report. The mission was initially planned for late 2024 or early 2025 but is now delayed until December 2025. The watchdog reports it could be pushed back as far as 2027. CBS News space analyst Bill Harwood discusses the mission.
6 exciting space missions set to launch in 2024
These missions are headed not just to Earth's moon, but moons of Mars and Jupiter — and a pair of asteroids.
When and where to see tonight's Cold Moon, last full moon of 2023
December's full moon, also known as the Cold Moon and Long Night Moon, will reach peak illumination on Tuesday at 7:33 p.m. ET.
Latest Galleries
More Latest Galleries
Timeline: The search for Christie Wilson
Christie Wilson disappeared in 2005, and her killer refused to say where he put her body.
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.
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.
Catching a killer clown
Marlene Warren answered the door to her Wellington, FL, home and was fatally gunned down by a mysterious clown. Despite eyewitnesses, circumstantial evidence, and the identification a suspect early on, it would take more than 30 years for her killer to face justice.
Latest CBS News Videos
More Latest CBS News Videos
Latest CBS News Videos
Latest on Trump's appeal of ballot ruling
Donald Trump is asking the U.S. Supreme Court to reverse a Colorado Supreme Court ruling that found him ineligible for the presidency. His lawyers on Thursday also urged a court to hold special counsel Jack Smith in contempt in a 2020 election case they have appealed. CBS News congressional correspondent Scott MacFarlane has more on the case.
The political standoff on immigration reform
House Speaker Mike Johnson spent Wednesday in Texas for a firsthand look at the southern border. Johnson criticized the Biden administration's handling of immigration and called for a return to Trump-era policies. CBS News immigration reporter Camilo Montoya-Galvez has more.
What we know about the Iowa school shooting
There are multiple gunshot victims at a high school in Perry, Iowa, on Thursday, officials say. CBS News' Ed O'Keefe has more on what we know about the shooting.
Police: Multiple victims shot at Iowa school
Officials held a short press conference Thursday morning on the school shooting in Perry, Iowa, saying multiple people had been shot, but that "there is no further danger to the public." Following the news conference, former Boston Police Commissioner Ed Davis joined CBS News with insight into the situation.
Shooting reported at Iowa high school
Authorities are on the scene of a shooting at Perry High School, about 40 miles outside of Des Moines, Iowa. A former New York state homeland security adviser Michael Balboni joined CBS News to discuss the procedures law enforcement officers are likely carrying out at the school.