Dan Price, CEO who cut his pay so workers earned $70,000, quits
Chief executive who slashed his own pay to cover the cost of employee raises is stepping down to fight "false accusations."
MoneyWatch
Latest News
Popular TikTokers are calling out Amazon's labor practices
Dozens of creators on the video platform want their peers to blacklist the retail giant over its labor practices.
The U.S. states where your retirement dollars stretch further
Retirees wanting the biggest bang for their buck should consider moving to the South or Midwest, a new study found.
U.S. announces trade talks with Taiwan and China immediately shows its wrath
Beijing warned Washington not to encourage Taiwan to try to make its de facto independence from China permanent, a step Beijing says would lead to war.
Judges who sent kids to for-profit jails ordered to pay $200M
One judge ordered children as young as 8 to detention, many of them first-time offenders convicted of minor crimes.
Demand for monkeypox vaccine outstrips supply
Bavarian Nordic is considering outsourcing production of its FDA-approved vaccine for the virus.
Feds forgive $3.9 billion in debt for 208,000 ex-ITT students
Biden administration has erased a total of $13 billion in loans for borrowers it says were cheated by for-profit colleges.
CVS, Walgreens, Walmart must pay Ohio $650M in opioids suit
Retail giants' approach to dispensing pain medication caused a public nuisance in the communities, lawsuit alleged.
Only one U.S. state has seen rents fall over the past year
Rents have soared nearly 40% over the last year, with the typical 2-bedroom fetching more than $2,100 a month.
Managing Your Money
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Do you need a home warranty?
A home warranty can help protect you and your family by covering the costs of household repairs and appliances.
How do you qualify for a private student loan?
If you need help paying for school you'll first need to qualify - and apply - for a student loan.
How much life insurance do I need?
How much life insurance you need is specific to your own individual circumstances and standard of living.
Money Tech
Popular TikTokers are calling out Amazon's labor practices
Dozens of creators on the video platform want their peers to blacklist the retail giant over its labor practices.
New tax credits for EVs look generous — but they're complicated
While many EVs qualify for tax credits under inflation bill, no cars sold today likely would get the full $7,500 rebate.
Online prices fall for the first time in two years
Drop in online prices, driven by discounts on electronics and apparel, raises hopes inflation may be turning the corner.
Bankrupt company drops plan to rehire ex-CFO at $93K a month
Investors had panned the proposal while pleading for release of frozen funds: "I'm begging you," wrote one 72-year-old woman.
Amazon to buy Roomba vacuum maker iRobot for $1.7 billion
Robotic vacuum cleaner manufacturer will also lay off 10% of its workers as sales slump.
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.
Twitter posts quarterly loss ahead of Elon Musk legal fight
Fight with Musk taking a toll, but social media company sees nearly 17% gain in users from the previous year.
Apple slows hiring as tech industry tightens belt, report says
Other tech industry bellwethers are also trimming jobs as they brace for slower consumer spending.
Once-hot NFTs suddenly are not
Hype around nonfungible tokens is starting to fade, but some buyers say they have no regrets.
Latest News
Former Trump Org. exec pleads guilty to fraud, agrees to testify against company
Weisselberg admitted to receiving more than $1.7 million in off-the-books perks and compensation from the Trump Organization.
Georgia Gov. Brian Kemp moves to quash subpoena in election probe
Kemp's attorneys alleged that the subpoena could "influence the November 2022 election cycle," and called its timing "suspect."
"Cannibal" solar ejection expected to hit Earth this week
The storm could hit as soon as Thursday, NOAA said.
Remains of two children found in two suitcases auctioned in New Zealand
An investigator says authorities "are making very good progress with DNA inquiries" as they try to identify the children and bring anyone behind their deaths to justice.
Major media companies set to seek release of Mar-a-Lago search affidavit
The Justice Department wants it kept sealed, saying its probe of Trump's handling of "highly classified material" would be compromised. Trump has called for its release.
Health officials investigate "fast-moving" E. coli outbreak of unknown cause
The CDC said this week that it's still unclear what kind of contaminated food is causing the spike in illnesses.
U.S. announces trade talks with Taiwan and China immediately shows its wrath
Beijing warned Washington not to encourage Taiwan to try to make its de facto independence from China permanent, a step Beijing says would lead to war.
Anne Heche's death after fiery car crash was accidental, coroner rules
A preliminary report said the actor died from inhalation injury and burns.
Texas executes man for 2006 slaying of Dallas real estate agent
Kosoul Chanthakoummane was convicted of fatally stabbing suburban Dallas real estate agent Sarah Walker in a model home.
Small Business
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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.
How to use your car to earn cash without driving for a living
You don't have to work for Uber or Lyft to make money using your car. Instead, just wrap it in ads.
Optimism among small business owners at historic low amid inflation surge
Nationally, 85% of small businesses experienced financial challenges in the last year, according to the Small Business Credit Survey.
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.
Child dies after suspected brain-eating amoeba infection in Nebraska, officials say
If confirmed, it would be the first such death in the state.
Former Trump Org. exec pleads guilty to fraud, agrees to testify against company
Weisselberg's deal with prosecutors calls for a sentence of five months in New York's Rikers Island jail, followed by five years' probation.
Grand jury indicts Salman Rushdie's attacker
The 24-year-old New Jersey man is set to appear on the charges today in a western New York courtroom.
Raw oysters linked to 2 deaths in Florida
A restaurant customer in Fort Lauderdale has died of a bacterial infection after eating raw oysters.
Popular TikTokers are calling out Amazon's labor practices
Dozens of creators on the video platform want their peers to blacklist the retail giant over its labor practices.
MoneyWatch
More MoneyWatch
Popular TikTokers are calling out Amazon's labor practices
Dozens of creators on the video platform want their peers to blacklist the retail giant over its labor practices.
U.S. announces trade talks with Taiwan and China immediately shows its wrath
Beijing warned Washington not to encourage Taiwan to try to make its de facto independence from China permanent, a step Beijing says would lead to war.
Dan Price, CEO who cut his pay so workers earned $70,000, quits
Chief executive who slashed his own pay to cover the cost of employee raises is stepping down to fight "false accusations."
The U.S. states where your retirement dollars stretch further
Retirees wanting the biggest bang for their buck should consider moving to the South or Midwest, a new study found.
Demand for monkeypox vaccine outstrips supply
Bavarian Nordic is considering outsourcing production of its FDA-approved vaccine for the virus.
Politics
More Politics
Former Trump Org. exec pleads guilty to fraud, agrees to testify against company
Weisselberg's deal with prosecutors calls for a sentence of five months in New York's Rikers Island jail, followed by five years' probation.
Major media companies set to seek release of Mar-a-Lago search affidavit
The Justice Department wants it kept sealed, saying its probe of Trump's handling of "highly classified material" would be compromised. Trump has called for its release.
Biden signs bill making benefits available to families of officers who die by suicide
The widow of a Washington, D.C., police officer who died by suicide was "disappointed" to learn that the bill did not get a White House signing ceremony.
Georgia Gov. Brian Kemp moves to quash subpoena in election probe
Kemp's attorneys alleged that the subpoena could "influence the November 2022 election cycle," and called its timing "suspect."
Pro-Biden group pours millions into ad campaign touting new health, climate law
They're targeting Black and Latino voters, two groups whose support for Biden has sagged in recent months.
Health
More Health
Rheumatoid arthritis isn't your grandmother's arthritis
Rheumatoid arthritis can affect people at any age, but it's still mischaracterized as an "older person's" disease.
Child dies after suspected brain-eating amoeba infection in Nebraska, officials say
If confirmed, it would be the first such death in the state.
Raw oysters linked to 2 deaths in Florida
A restaurant customer in Fort Lauderdale has died of a bacterial infection after eating raw oysters.
Health officials investigate "fast-moving" E. coli outbreak of unknown cause
The CDC said this week that it's still unclear what kind of contaminated food is causing the spike in illnesses.
CDC updates COVID-19 guidelines in overhaul
CDC Director Rochelle Walensky on Wednesday announced a shake-up of the organization, saying it fell short responding to COVID-19 and needs to become more nimble. She spoke with CBS News chief medical correspondent Dr. Jonathan LaPook exclusively.
World
More World
Scientists hope to revive Tasmanian tiger from extinction
The team plans to take stem cells from a living marsupial species with similar DNA, and turn them into "thylacine" cells to "bring back" the extinct species – or a very close approximation of it – using gene-editing technology.
Some Afghan girls manage to keep learning, but few see a bright future
Taliban tells CBS News its ban on older girls' education is "temporary," but even girls who've managed to quietly keep learning have little hope.
Venice mayor calls out two "idiots" who surfed in city's canals
Two people were spotted surfing in a canal in Venice, Italy – and the mayor was not happy about it.
U.S. announces trade talks with Taiwan and China immediately shows its wrath
Beijing warned Washington not to encourage Taiwan to try to make its de facto independence from China permanent, a step Beijing says would lead to war.
TikTok phenom Khaby Lame finally and officially becomes an Italian
"I am very proud," said the 22-year-old whose speechless social media clips have propelled him to stardom. "These are not just words."
Entertainment
More Entertainment
Anne Heche's death after fiery car crash was accidental, coroner rules
A preliminary report said the actor died from inhalation injury and burns.
Solange Knowles is second Black woman to have score commissioned by N.Y.C. Ballet
Knowles is the third woman, and just the second Black woman, to have a score commissioned by the ballet.
Wingstop owned by rapper Rick Ross fined for labor violations
"Taking accountability is big when you're the biggest," musician tells his followers on social media.
Artists trying to stop Mariah Carey's trademark of "Queen of Christmas"
Darlene Love says she was dubbed the "Queen of Christmas" 29 years ago. Another artist went so far as to take legal action against the trademark.
Michael Bublé on the greatest record of his life
Canadian singer-songwriter Michael Bublé joined "CBS Mornings" to discuss his music career, family and tour.
Technology
More Technology
Popular TikTokers are calling out Amazon's labor practices
Dozens of creators on the video platform want their peers to blacklist the retail giant over its labor practices.
GM recalls 484,000 large SUVs over possible seat-belt malfunction
The belts may not properly restrain a passenger in a crash, increasing the risk of injury, regulators said.
YouTube is the most popular social media among teens, followed by TikTok
About 36% admitted they spend too much time on social media and 54% say it would be somewhat hard to give it up.
Gadgets and apps to help find lost items
CNET editorial director Dan Ackerman joins "CBS Mornings" to share tracking devices and apps that can help people find lost things. He discusses trackers that can find a parked car or glasses as well as a smart lock to help keep track of keys and even pets.
New tax credits for EVs look generous — but they're complicated
While many EVs qualify for tax credits under inflation bill, no cars sold today likely would get the full $7,500 rebate.
Science
More Science
Child dies after suspected brain-eating amoeba infection in Nebraska, officials say
If confirmed, it would be the first such death in the state.
China hit with deadly floods and crippling drought all at once
As flash floods leave more than 30 people dead or missing in Qinghai province, heat and drought force car plants to close in Shanghai.
Colorado River allocation cut due to drought
The megadrought in the western U.S. has caused a severe water shortage in the Colorado River. Arizona and Nevada have been issued restrictions on their water usage. The Arizona Republic's Debra Utacia Krol joins CBS News with more on the extreme conditions.
Mystery toxin suspected in huge fish die-off in major European river
"Everything points to a manmade catastrophe," one environmental expert tells CBS News, as 100 tons of dead fish are removed from the Oder River.
Prehistoric fish may be spawning in Georgia for first time in 50 years
Fossils indicate that the lake sturgeon has existed for more than 136 million years, according to scientists. It's spade-nosed fish with a bottom-mounted vacuum hose instead of jaws.
Crime
More Crime
Crime
Former Trump Org. executive pleads guilty
Allen Weisselberg, the longtime chief financial officer of the Trump Organization, pleaded guilty to 15 felony fraud counts in a New York City courtroom Thursday. He was sentenced to 5 months in jail and must repay nearly $2 million and testify in the company's upcoming trial. CBS News' Vladimir Duthiers and Anne-Marie Green talk with CBS News legal contributor Rebecca Roiphe about the breaking news.
Former Trump Org. exec pleads guilty to fraud, agrees to testify against company
Weisselberg's deal with prosecutors calls for a sentence of five months in New York's Rikers Island jail, followed by five years' probation.
Grand jury indicts Salman Rushdie's attacker
The 24-year-old New Jersey man is set to appear on the charges today in a western New York courtroom.
Group text leads to a mistrial for Florida man charged with killing 3-year-old
The prosecutor sent a message about a judge's ruling to a group chat that included the judge.
Dealers rush to sell ghost gun parts
New federal firearms regulations will soon restrict what are known as ghost guns, or unserialized homemade firearms. But as CBS News investigative correspondent Stephen Stock reports, retailers are scrambling to sell them before the new rules take effect August 24.
Space
More Space
NASA astronaut Nicole Aunapu Mann will make history in space
Astronaut Nicole Aunapu Mann will serve as mission commander and make history as the first Native American woman in space this fall.
"Cannibal" solar ejection expected to hit Earth this week
The storm could hit as soon as Thursday, NOAA said.
NASA rmoves SLS moon rocket rollout back to launch pad
The maiden flight of the SLS moon rocket is intended to clear the way for the Artemis program's first piloted flight in 2024.
Space mission shows Earth's water may be from asteroids, study says
The Ryugu samples could give clues to the mystery of how oceans appeared on Earth billions of years ago, scientists said.
Meteor's loud boom rattles skies over Salt Lake City and beyond
Even Utah's governor, out for a run, heard the boom, which was caused by what the National Weather Service said was a meteor.
Latest Galleries
More Latest Galleries
Rare photos from the 1976 Chowchilla bus kidnapping
A look inside the truck trailer where 26 abducted school children and their bus driver were buried alive -- and later escaped.
Taliban marks "Victory Day" a year after Afghan takeover
While many Afghans have little to celebrate, the country's Taliban rulers were happy to show off their control of Kabul's streets.
The Circleville letters: You've got hate mail
An anonymous letter writer terrorizes a small town, threatening to expose their rumored dark secrets.
Timeline: The Jonelle Matthews case
Inside the case against Steven Pankey, a former political candidate who was tried for the kidnapping and murder of a Colorado 12-year-old.
The 50 most expensive colleges in America, ranked
These colleges come with a hefty price tag
Latest Videos
More Latest Videos
Latest Videos
Former Trump Org. executive pleads guilty
Allen Weisselberg, the longtime chief financial officer of the Trump Organization, pleaded guilty to 15 felony fraud counts in a New York City courtroom Thursday. He was sentenced to 5 months in jail and must repay nearly $2 million and testify in the company's upcoming trial. CBS News' Vladimir Duthiers and Anne-Marie Green talk with CBS News legal contributor Rebecca Roiphe about the breaking news.
8/18: CBS News Mornings
Former vice president at odds with Trump and says he's considering testifying before Jan. 6 committee; getting around fees and sitting where you want on flights
USPS worker surprised after act of kindness
A U.S. Postal Service worker in Los Angeles was willing to give a stranger $5 for a bus ticket – and afterward she was surprised with a reward for her act of kindness.
Two tourists surf in Venice canal illegally
The mayor of Venice, Italy, called out two "idiots" who surfed in the city's canals. They were eventually identified and fined – and their boards were confiscated.
Dog confused by game of hide and seek
Lexi Koger decided to try out a game of hide and seek with her dog Mako – and he was utterly confused. A video of the dog's reaction went viral on TikTok.