How The Fed Is Threatening Your Retirement
The Fed has announced an ambitious plan to buy at least $600 billion of fixed income securities to help stimulate the economy. But their actions pose a risk to your retirement security.
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The Fed has announced an ambitious plan to buy at least $600 billion of fixed income securities to help stimulate the economy. But their actions pose a risk to your retirement security.
With interest rates near record lows, refinancing has never looked so tempting - especially for people nearing retirement. Business and economics correspondent Rebecca Jarvis has some tips for those who would love some extra cash to pad their diminished savings.
Read here for tips on using Roth 401k's to increase the amount of money you have to spend in retirement.
The financial industry sells a lot of products that most folks should just avoid. Here are three of the worst offenders.
My advice regarding Alzheimer's and dementia is in harmony with my overall philosophy regarding retirement planning in general: Take action to increase the likelihood of the best outcomes, but have defenses in place in case the worst happens. Read here to learn more.
A new investment book is easy to read and chalk full of eye-popping statistics that help drive home how simple it can be to invest successfully over the long-term. Hint: Get your kids started early.
This year, you need to pay special attention to the details of your benefit plans and choices because you're likely to see some big changes.
If you want your vote to count in a way that helps the country, you should evaluate candidates' plans for dealing with immigration, education, free trade and the budget deficit.
Don't blindly adhere to popular advice regarding safe withdrawal amounts from your IRAs, 401ks and retirement savings. Read here to learn about important refinements and adjustments the four-percent rule.
Doing the math to see how a Roth 401k conversion can increase your effective retirement savings.
Here are two easy-to-read books, one new and one old, that will help any young adult take charge of their financial life. You can read them both in a day without heavy eyelids. Honest.
Social Security is not on the verge of collapse says author Mark Miller. But, you will need additional money for retirement. Here's what you need to know.
A revamped financial literacy test will be unveiled next spring and it promises to provide more detail about what kids know about money. Better personal finance instruction in our schools should follow. But, as always, the onus will remain on parents to teach their kids what they need to know.
Harry Smith speaks with economics correspondent Rebecca Jarvis about new retirement worries.
Is it a good idea to convert your traditional 401k account to a Roth 401k? Let's take a look and find out.
Iran insists there are no plans for inspections of its bombed nuclear sites, but Trump says Tehran "fully and completely" agreed to let inspectors return.
Voters are going to the polls Tuesday for contests in New York, South Carolina, Maryland and Utah.
Authorities believe two ransom notes addressed to Nancy Guthrie's family — including one saying she had died — were likely sent by the person or group of people who abducted her.
The Senate passed a bill aimed at lowering housing costs on Monday after a major breakthrough and rare bipartisan consensus.
Medicare is testing the use of artificial intelligence to preapprove several healthcare services.
President Trump has insisted that vandals, rather than questionable craftsmanship, are responsible for the enduring problems following the Reflecting Pool's $14.7 million sealant job.
U.S. District Judge Sparkle Sooknanan said the administration violated the law when it created a centralized database of Americans' personal records.
The most advanced artificial intelligence models are improving quickly enough to outsmart prevailing cybersecurity know-how within months, the Five Eyes spy agency alliance is warning.
The suspect was shot and killed "right away," according to police, and there was no immediate word on a possible motive.
The Utah judge in the murder case of Charlie Kirk's alleged killer has denied a defense request to force Tyler Robinson's former roommate to testify in person during the preliminary hearing.
Court documents referenced RMS Titanic's plan to sell artifacts including a bronze cherub, a necklace of gold nuggets and a heart-shaped pendant.
A judge has found that a man charged with murder in the stabbing of actor James Handy isn't mentally competent for criminal court proceedings.
The owner of Moore Honey estimated that only about a quarter of the 408 hives would survive.
Voters are going to the polls Tuesday for contests in New York, South Carolina, Maryland and Utah.
The most advanced artificial intelligence models are improving quickly enough to outsmart prevailing cybersecurity know-how within months, the Five Eyes spy agency alliance is warning.
The Senate passed a bill aimed at lowering housing costs on Monday after a major breakthrough and rare bipartisan consensus.
The 21st Century ROAD to Housing Act, which has rare bipartisan support, would make it harder for major investors to hoard homes.
The QR codes will take soda drinkers to a website listing more than 140 beverage ingredients and their nutritional content.
A Wall Street Journal investigation found that the prediction market paid content creators to produce videos of fake trades purporting to show big financial gains.
The Utah judge in the murder case of Charlie Kirk's alleged killer has denied a defense request to force Tyler Robinson's former roommate to testify in person during the preliminary hearing.
Voters are going to the polls Tuesday for contests in New York, South Carolina, Maryland and Utah.
President Trump has insisted that vandals, rather than questionable craftsmanship, are responsible for the enduring problems following the Reflecting Pool's $14.7 million sealant job.
The Senate passed a bill aimed at lowering housing costs on Monday after a major breakthrough and rare bipartisan consensus.
The 21st Century ROAD to Housing Act, which has rare bipartisan support, would make it harder for major investors to hoard homes.
Medicare is testing the use of artificial intelligence to preapprove several healthcare services.
Confirmed Ebola cases in the outbreak in eastern Congo have reached 1,003, including 254 deaths, officials said, and tracing those who've been in contact with patients remains a major challenge.
The Trump administration's cuts to Medicaid and SNAP may complicate Republican Gov. Joe Lombardo's reelection chances.
Hosted by Lee Cowan. Featured: Birthright citizenship; the Theodore Roosevelt Presidential Library unveiled; Shooter Jennings releases recordings by his father, Waylon Jennings; comedian John Mulaney; childhood obesity; and the secrets of seahorses and seadragons.
In 1970, about 1 in 20 children were affected by obesity; today, it's 1 in 5. Dr. Jonathan LaPook looks at programs aimed at helping kids (and their families) get healthy the old-fashioned way, by eating right and exercising.
A Mount Everest veteran tells CBS News why retrieving "Green Boots," whose remains have become a grim waypoint for climbers, would be a perilous mission.
Iran insists there are no plans for inspections of its bombed nuclear sites, but Trump says Tehran "fully and completely" agreed to let inspectors return.
The suspect was shot and killed "right away," according to police, and there was no immediate word on a possible motive.
U.K. Prime Minister Keir Starmer is resigning, and the man widely expected to replace him is a fellow Labour Party lawmaker known as the "King of the North."
Plans backed by investors including Jared Kushner for a luxury resort in Albania drew protests that have grown into an anti-corruption movement.
Clive Davis, known for propelling artists across genres to stardom, died Monday at the age of 94. "CBS Mornings" co-host Gayle King looks back at his legacy in the music industry.
A judge has found that a man charged with murder in the stabbing of actor James Handy isn't mentally competent for criminal court proceedings.
Clive Davis, the legendary music mogul who shaped the careers of several superstars, died Monday at 94. Carter Evans looks back on his life.
After decades of building some of America's greatest hits, legendary music executive Clive Davis died Monday at 94. Narada Michael Walden, a singer-songwriter and record producer who worked closely with Davis, joins CBS News to reflect on the music mogul's legacy.
Legendary music executive Clive Davis, who helped shape the careers of generations of artists including Janis Joplin, Bruce Springsteen and Whitney Houston, has died at 94. Jim Aswad, executive editor for Variety, joins CBS News to discuss Davis' life.
Medicare is testing the use of artificial intelligence to preapprove several healthcare services.
Artificial intelligence-generated images, videos and deepfakes are becoming more common in political advertising to attack opponents or influence Americans' opinions. CBS News political director Fin Gómez joins to discuss.
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
The recall follows multiple incidents in which Waymo robotaxis drove past ramp-closure signs and into freeway construction zones.
A Pew survey shows 40% of Americans think AI's future impact will be negative. MIT Sloan professor Eric So joins CBS News with more details.
Exactly where the comet 3I/ATLAS came from within the Milky Way remains a mystery.
Hosted by Lee Cowan. Featured: Birthright citizenship; the Theodore Roosevelt Presidential Library unveiled; Shooter Jennings releases recordings by his father, Waylon Jennings; comedian John Mulaney; childhood obesity; and the secrets of seahorses and seadragons.
Seahorses are unique ocean inhabitants with a head like a horse, a pouch like a kangaroo, a tail like a monkey, and the ability to camouflage themselves like a chameleon. They also exhibit an unconventional gender dynamic, in that the males do the work of carrying around fertilized eggs. Correspondent Conor Knighton goes in search of these fascinating fish – and their equally fascinating cousins, seadragons – at the Birch Aquarium at the Scripps Institution of Oceanography in California.
The Defense Department released a third batch of UFO files on Friday, three weeks after its second drop. These are all of the videos in the latest tranche, plus analysis from astrophysicist Avi Loeb.
The goblin shark had only previously been seen when caught by fishermen and they died shortly afterward.
Investigators familiar with the case believe it is likely that two ransom notes sent to Nancy Guthrie's family were written by the person or group that abducted her. While the first note demanded millions in bitcoin, the second claimed that Nancy Guthrie had died, albeit not purposefully, according to sources who reviewed the notes. CBS News' Bradley Blackburn has more details on the case.
Two people are dead, including a police officer, after a suspect opened fire at police in Montreal. The suspect is also dead. Shanelle Kaul reports on the investigation. Warning, some of the video is graphic.
A judge has found that a man charged with murder in the stabbing of actor James Handy isn't mentally competent for criminal court proceedings.
Two people were killed and a child was injured in a shooting inside a library in Chico on Monday, officials said.
Authorities believe two ransom notes addressed to Nancy Guthrie's family — including a note that said she had died — were likely sent by the person or group of people who abducted her.
Exactly where the comet 3I/ATLAS came from within the Milky Way remains a mystery.
The "Pink Planet," formally known as GJ504b, was discovered in 2013 and is technically not a planet but rather a "planetary-mass companion."
NASA's Jared Isaacman says the crew was selected solely based on their experience, expertise and availability for flight assignment.
NASA's Artemis III astronauts plan to carry out rendezvous and docking procedures with commercial moon landers being built by SpaceX and Blue Origin.
Out of an abundance of caution, NASA briefly directed five of the seven crew members aboard the International Space Station to wait inside the docked SpaceX Crew Dragon "Freedom" spacecraft.
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Summer is the time to enjoy live music, indoors and out. Scroll through our gallery of some of 2026's leading musical acts, featuring images by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
The World Cup is expected to bring in $17 billion across the U.S. Kelly O'Grady spoke to international fans about their experiences and a business owner who says the event "is like nothing we've ever seen before."
Investigators familiar with the case believe it is likely that two ransom notes sent to Nancy Guthrie's family were written by the person or group that abducted her. While the first note demanded millions in bitcoin, the second claimed that Nancy Guthrie had died, albeit not purposefully, according to sources who reviewed the notes. CBS News' Bradley Blackburn has more details on the case.
A new federal report shows the likely cause of the 2021 Surfside condo collapse in Florida that killed 98 people. According to the report, the structure failures began three weeks before the building fell when two connections between garage columns and the pool deck gave way.
New York City Mayor Zohran Mamdani has endorsed several of his favorite candidates in local contests. The results will show the reach or limits of his political sway. CBS News' Fin Gómez has the latest on key races in New York and around the U.S.
Iran is denying Vice President JD Vance's claims that Tehran agreed to allow the IAEA to return for nuclear inspections as part of negotiations with the U.S. CBS News' Aaron Navarro and Holly Williams report.