Why Annuities Won't Fix The Retirement Problem
Annuity payments are modest, and won't help much if you haven't saved for retirement.
Retirement
BP Oil Spill Damage Seeps into Retirement Plans
The financial fallout from the BP oil spill disaster just keeps on flowing, most recently hitting the retirement plans of BP employees and many British retirees. If you're not careful, your retirement plans could be undone by the same problems.
Living on Retirement Savings? How to Prevent Panicking in a Crash
Retirees who rely on their retirement savings for income are challenged when the market drops precipitously, as it has in the past few years. Many panicked and sold assets at a low, later regretting this decision when the market bounced back. But is it possible to set up your investments to prevent this unfortunate result? You bet.
In a Mean Market, One Investment to Love
A good asset is hard to find these days. The just concluded Morningstar Investment Conference found most of the big-name money managers in the rhetorical equivalent of a defensive crouch, transfixed by the $1.6 trillion deficit, the looming tsunami of Baby Boom entitlement spending, and the possible...
How to Make Lemonade from your 401k Plan's Lemons
Many firms are serving up lemons in their 401(k) plans, choosing the wrong default settings for employees or failing to add certain key features. Here's how to identify where the lemons are in your retirement plan and convert them to lemonade.
Spending Retirement Cash
How much of your savings should you withdraw each year in retirement? Which funds should you tap first? Vanguard's John Ameriks has some answers.
Unable to Work in Retirement? Here's What You Can Do Instead
If you don't have sufficient financial resources to retire, but also you can't work in your retirement years, either due to the inability to find work or for health reasons, what else can you do? Try the cheapskate solution.
How to Make Your Retirement Money Last
What's the most you can spend of your nest egg each year in retirement and not run out of money? The fast answer you'll get from any financial adviser is 4% of your funds on the day you retire, increased each year for inflation. The beauty of this 4% solution is its simplicity: Once you've decided...
Retirement Planning Risk: Playing It Too Safe
Three out of four Americans say they now favor safe and stable investments over anything risky. Seemingly safe investments actually pose a big retirement planning risk: Play it too safe today and your standard of living could be compromised decades from now.
Working Too Hard To Be Able to Retire? How to Get Your Life Back
Mix too much overtime with long commutes, the pressure of constant deadlines, office politics, and maddening work rules and bureaucracy, and you'll find all the reasons so many professionals, managers and office workers who have been working for decades fantasize about retirement. Unfortunately, most boomers don't have the financial resources to retire any time in the near future. So what can you do? Read here to find out.
Should Goldman Sachs Run Your 401(k)?
The big investment bank is getting into the 401(k) business. But you may not want to give them your retirement savings. Eric Schurenberg explains.
How To Ruin a Company in One Day
Let's take a look at how different types of companies could be brought down by one bad day at the office.
Debt Settlement Firms: Promises too Good to be True
The business of debt settlement is booming. Today there are over 2000 such firms up from only about a dozen a decade ago. But what debt settlement firms actually do is very different than the promise of debt freedom.
Obama Wants to Steal Your 401(k), and Why You Should be Glad
Paranoid fringe bloggers are afire with the notion that a Department of Labor initiative to add a guaranteed income option to 401(k)s is creeping socialism. But in fact, it could be a great idea.
Retirement Planning: Trick Yourself into Better Habits
Many people just don't get around to making smart, healthy choices. As a result, their retirement years most likely won't be as good as they would be if they could figure out how to choose with their rest-of-life in mind. So it's a good idea to pay attention to how you make decisions and stick to them.
Live
Trump warns Iran is set to "get a beating" as 5-month war expands
The war in the Middle East is expanding, with President Trump threatening Iran with "a beating" and the U.S. and Saudi Arabia jointly striking Iranian proxies in Iraq.
First on CBS
Trump-affiliated companies distance themselves from Trump-IRS deal
Top Senate Democrats sought answers about Trump IRS deal from mining company Kaz Resources, cryptocurrency companies World Liberty Financial and prediction markets Polymarket and Kalshi.
Fauci invokes 5th in hearing, citing Rand Paul's "unhinged obsession"
Dr. Anthony Fauci appeared before the Senate to testify on the origins of the COVID-19 pandemic but invoked his Fifth Amendment rights in answering all questions.
Trump unveils plans for overhaul of Dulles airport outside Washington
President Trump said he hopes the renovations will take Dulles from "an impossible airport" to one of the world's best.
Trump asks Supreme Court to overturn $83.3 million E. Jean Carroll case
President Trump is asking the Supreme Court to throw out an $83.3 million defamation judgment the writer E. Jean Carroll won against him.
Fed holds interest rates steady, but 3 officials vote for hike
Fed officials are leaving their benchmark rate unchanged for a fifth straight meeting, a sign they expect inflation to ease.
Actor Jared Leto accused of criminal sexual conduct by 4 women
Four women say Hollywood star Jared Leto committed sexual crimes against them when they were teenagers, in interviews with the BBC.
Singer-songwriter Glen Hansard killed in motorcycle crash
Academy Award-winning Irish singer-songwriter Glen Hansard has died in a motorcycle crash.
The gut's link to Parkinson's — and more takeaways from this week's "Healthful"
"Ask a Doctor" columnist Dr. Trisha Pasricha joined "Healthful" to discuss the brain-gut connection.
U.S.
More U.S.
New DOJ rule would allow immigration judges to hold lawyers in contempt
The Justice Department is proposing a new rule to empower federal immigration judges to hold attorneys, their clients and witnesses in contempt if they violate court orders.
Why are workers at leading AI companies calling for a slowdown in AI development?
OpenAI CEO Sam Altman and other AI leaders say they support pacing the rapid advancement of AI's capabilities.
Salman Rushdie attacker convicted in federal trial over 2022 stabbing
A man has been convicted of federal terrorism charges in the 2022 stabbing of author Salman Rushdie.
FTC sues Hims & Hers, alleging it shared health data with Meta, Snap
Telehealth platform disclosed users' "most private" health info and locked consumers into subscriptions, regulators allege.
First on CBS
Trump-affiliated companies distance themselves from Trump-IRS deal
Top Senate Democrats sought answers about Trump IRS deal from mining company Kaz Resources, cryptocurrency companies World Liberty Financial and prediction markets Polymarket and Kalshi.
MoneyWatch
More MoneyWatch
Why are workers at leading AI companies calling for a slowdown in AI development?
OpenAI CEO Sam Altman and other AI leaders say they support pacing the rapid advancement of AI's capabilities.
FTC sues Hims & Hers, alleging it shared health data with Meta, Snap
Telehealth platform disclosed users' "most private" health info and locked consumers into subscriptions, regulators allege.
Why are airlines banning humanoid robots from flights?
Three major U.S. airlines have quietly changed their policies to ban humanoid and animal-like robots from their flights.
Fed holds interest rates steady, but 3 officials vote for hike
Fed officials are leaving their benchmark rate unchanged for a fifth straight meeting, a sign they expect inflation to ease.
Schools are testing pepper-spraying drones to stop shooters
Schools in three states will be equipped with drones this coming academic year that aim to find and deter active shooters within seconds.
Politics
More Politics
New DOJ rule would allow immigration judges to hold lawyers in contempt
The Justice Department is proposing a new rule to empower federal immigration judges to hold attorneys, their clients and witnesses in contempt if they violate court orders.
First on CBS
Trump-affiliated companies distance themselves from Trump-IRS deal
Top Senate Democrats sought answers about Trump IRS deal from mining company Kaz Resources, cryptocurrency companies World Liberty Financial and prediction markets Polymarket and Kalshi.
Trump unveils plans for overhaul of Dulles airport outside Washington
President Trump said he hopes the renovations will take Dulles from "an impossible airport" to one of the world's best.
Trump asks Supreme Court to overturn $83.3 million E. Jean Carroll case
President Trump is asking the Supreme Court to throw out an $83.3 million defamation judgment the writer E. Jean Carroll won against him.
Airport immigration arrests stem from TSA-ICE collaboration, sources say
Recent reports of immigration arrests at U.S. airports, some of them captured in videos that have gone viral, stem from increased collaboration, ICE sources tell CBS News.
HealthWatch
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FTC sues Hims & Hers, alleging it shared health data with Meta, Snap
Telehealth platform disclosed users' "most private" health info and locked consumers into subscriptions, regulators allege.
The gut's link to Parkinson's — and more takeaways from this week's "Healthful"
"Ask a Doctor" columnist Dr. Trisha Pasricha joined "Healthful" to discuss the brain-gut connection.
Grants halted at agency devoted to safety of U.S. healthcare
Congress appropriated $345 million for the Agency for Healthcare Research and Quality for the 2026 fiscal year, but the agency has spent less than $15 million on grants.
What is postpartum psychosis, the disorder at the center of Lindsay Clancy's trial?
A key question in the Massachusetts murder trial of Lindsay Clancy is whether postpartum psychosis drove her to kill her three children.
William Shatner and daughter Melanie recall fighting Stage 4 cancer together
Actor William Shatner and his daughter, Melanie Shatner Gretsch, recall how they helped each other as they fought Stage 4 cancer side by side.
World
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Elephants that died in Kenya likely poisoned by cyanide-tainted tomatoes
Fifteen elephants in southern Kenya are suspected to have been poisoned by cyanide-contaminated tomatoes, according to wildlife authorities.
FIFA hits Argentina with World Cup charges for scuffle, political banner
A list of disciplinary cases opened by FIFA against Argentina also includes "discriminatory chants and gestures" by fans.
Teen hitman guilty of U.K. murder plot for Swedish crime group with Iran links
A 19-year-old Norwegian hitman was found guilty of an assassination plot after sending selfies with weapons to his girlfriend and friends.
2 firefighters die in Greece as others fight massive blaze in France
Two firefighters died in a blaze on the Greek island of Crete Wednesday while crews in France confronted a wildfire four times the size of Paris, officials said.
2025 was deadliest year for antisemitic attacks in 30 years, study says
Last year, 20 people were killed in antisemitic attacks outside of Israel, making it the deadliest year for such incidents since 1994.
Entertainment
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Entertainment
Zoe Saldaña on new season of "Lioness"
Zoe Saldaña tells "CBS Mornings" why this season of "Lioness" is demanding, how the series challenges the actors and what it's like working with Taylor Sheridan.
Singer-songwriter Glen Hansard killed in motorcycle crash
Academy Award-winning Irish singer-songwriter Glen Hansard has died in a motorcycle crash.
Actor Jared Leto accused of criminal sexual conduct by 4 women
Four women say Hollywood star Jared Leto committed sexual crimes against them when they were teenagers, in interviews with the BBC.
William Shatner and daughter Melanie recall fighting Stage 4 cancer together
Actor William Shatner and his daughter, Melanie Shatner Gretsch, recall how they helped each other as they fought Stage 4 cancer side by side.
William Shatner, daughter on cancer journeys
Legendary actor William Shatner and his daughter Melanie Shatner Gretsch are opening up about their battles with Stage 4 cancer nearly at the same time as each other. Both are now cancer-free and share how they helped each other through the challenging time.
Technology
More Technology
Why are workers at leading AI companies calling for a slowdown in AI development?
OpenAI CEO Sam Altman and other AI leaders say they support pacing the rapid advancement of AI's capabilities.
FTC sues Hims & Hers, alleging it shared health data with Meta, Snap
Telehealth platform disclosed users' "most private" health info and locked consumers into subscriptions, regulators allege.
How AI powered robots are helping small farms
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.
Why are airlines banning humanoid robots from flights?
Three major U.S. airlines have quietly changed their policies to ban humanoid and animal-like robots from their flights.
Why researchers are calling for AI slowdown
Researchers at some of the world's largest artificial intelligence companies are calling for a slowdown of its development. Rebecca Bellan, a senior reporter for TechCrunch, joins to discuss.
Science
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Science
How plants feel
Science shows us that, even though plants don't have brains, they seem to have a nervous system that responds to touch in remarkable ways. Robert Krulwich and puppeteer Barnaby Dixon explore the science of thigmomorphogenesis (the phenomenon of plants reacting to outside stimulae), a discussion that plants the seeds for a song.
Nearly 30 beluga whales sent to the U.S.
Nearly 30 beluga whales were sent to aquariums across the U.S. in a multinational emergency operation after their home aquarium in Canada shuttered. Jared Ochacher reports.
SpaceX launches first rocket since IPO
Elon Musk's aerospace company, SpaceX, launched its massive Starship rocket in its first test flight since the company went public. Since achieving the largest IPO in history, SpaceX's stock has dropped drastically. Mark Strassmann takes a look.
Wildfire smoke continues to shroud U.S.
Millions of people are enduring dangerous air quality as Canadian wildfire smoke shrouds the skies. Jonathan Overpeck, dean of the School for Environment and Sustainability at the University of Michigan, explains how climate change is worsening wildfires.
How AI data centers impact the environment
New York has become the first state to impose a temporary moratorium on data center development while state lawmakers lay the groundwork to assess environmental and social impacts. Dr. Mike Weinstein, the director of sustainability at Southern New Hampshire University, explains what we know about the wider environmental impact data centers.
Crime
More Crime
Salman Rushdie attacker convicted in federal trial over 2022 stabbing
A man has been convicted of federal terrorism charges in the 2022 stabbing of author Salman Rushdie.
Teen hitman guilty of U.K. murder plot for Swedish crime group with Iran links
A 19-year-old Norwegian hitman was found guilty of an assassination plot after sending selfies with weapons to his girlfriend and friends.
Actor Jared Leto accused of criminal sexual conduct by 4 women
Four women say Hollywood star Jared Leto committed sexual crimes against them when they were teenagers, in interviews with the BBC.
7 charred bodies found in house with narco gang-related messages
Ecuador has become a cocaine trafficking hub, plagued by gangs with ties to Mexican and Colombian cartels.
Georgia teen sentenced for school shooting
Sixteen-year-old Colt Gray was sentenced to life in prison on Tuesday for the 2024 shooting at Georgia's Apalachee High School which killed four people.
Space
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Russian Soyuz brings three home after 8 months at space station
The Soyuz MS-28 landing in Kazakhstan brought a 241-day stay in space to a successful conclusion.
SpaceX's Super Heavy-Starship blasts off on 13th test flight
An upgraded version of the world's most powerful rocket is key to landing NASA astronauts on the moon in the agency's Artemis program.
Meteorite that hit home contains "alien world chemistry," experts say
When scientists examined the preserved fragments of a meteorite that crashed in 2024, they found brine-like fluids and key molecules.
Russian Soyuz rocket launches fresh crew to space station
The new crew will replace three other Soyuz fliers wrapping up a 240-day stay aboard the International Space Station.
Astronomers discover sugar in space that's also found in raspberries
The sugar, called erythrulose, lurks in what's called the interstellar medium: thin clouds of gas and dust littered between stars.
Latest Galleries
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Notable Deaths in 2026
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Photos show celebrations at Obama Presidential Center
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
Summer music highlights of 2026
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.
Evidence in the Barbara Kendhammer case
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Timeline: The disappearance of George Smith
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Latest CBS News Videos
More Latest CBS News Videos
Latest CBS News Videos
Salman Rushdie recounts stabbing (2024)
Jurors on Wednesday convicted a man of federal terrorism charges for the 2022 stabbing of author Salman Rushdie. In 2024, Rushdie spoke with Anderson Cooper about the attack.
Paul, Birx and Gounder on Fauci Senate hearing
Dr. Anthony Fauci invoked the Fifth Amendment over a hundred times at a Senate hearing Wednesday on the COVID-19 pandemic, citing GOP Sen. Rand Paul's "unhinged obsession" with him. Paul, former White House Coronavirus Response Coordinator Dr. Deborah Birx and CBS News medical correspondent Dr. Céline Gounder join "The Takeout" to unpack the hearing.
Fact-checking Paul's claim about COVID, animals
CBS News medical correspondent Dr. Céline Gounder joins "The Takeout" to discuss claims made by Sen. Rand Paul about the COVID-19 pandemic and the contentious hearing on Capitol Hill Wednesday with Dr. Anthony Fauci.
Dr. Deborah Birx on combative Fauci hearing
Former White House Coronavirus Response Coordinator Dr. Deborah Birx worked, in her words, in the trenches with Dr. Anthony Fauci during the COVID-19 pandemic. Birx joins "The Takeout" with her thoughts on Fauci's diaries, his actions during the pandemic and the debate over COVID's origins.
Sen. Rand Paul on contentious Fauci hearing
Dr. Anthony Fauci repeatedly invoked the Fifth Amendment during a Senate hearing about the COVID-19 pandemic on Wednesday, angering Republican lawmakers. GOP Sen. Rand Paul of Kentucky, who led the hearing, joins "The Takeout" with his reaction.