Would You Lend to Tim Geithner On These Terms?
If you think of a Treasury bond as a personal loan from you to a Uncle Sam, you have to wonder who would buy one these days. Lots of risk, microscopic return.
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If you think of a Treasury bond as a personal loan from you to a Uncle Sam, you have to wonder who would buy one these days. Lots of risk, microscopic return.
Coming of age in the Great Recession could be a liability. But people in their 20s and 30s are actually better off than their elders, says Eric Schurenberg.
There's plenty of medical research that suggests that half to two-thirds of Americans' medical bills result from lifestyle decisions that people make every day regarding nutrition, exercise, stress management, smoking, alcohol abuse and so on. By making healthy decisions in these areas, we can dramatically reduce the odds of incurring some expensive medical conditions.
Banks share of the 401(k) rollover market has nearly doubled since 2007. If you're considering rolling over your money to a bank, be aware it is not as nearly safe, or smart as you may think.
"Invest amounts you can't afford to lose in bonds and cash, but invest in stocks only money you can afford to lose 50 percent or more of." This was one of the investing lessons taught to me by my grandfather, who was a stockbroker during the Great Depression. And the lesson still applies today.
Thirty years ago the 401(k) was heralded as a great extension of the American way: Workers would have the freedom to make their own investment choices-including the choice of whether to invest for their retirement in the first place. Freedom apparently has its limitations. A new survey reports that most Americans now want their plan to take over all the decision making.
With record amounts of money pouring into bond funds, how do you protect yourself from risky bond market behavior.
It can pay to make a few financial moves in the calendar year BEFORE the year you submit the FAFSA. Doing this takes planning and foresight so you'll need to think and plan ahead. Read on to see how making a few well-timed moves can help increase financial aid eligibility next year.
This blog offers 10 steps to generate an income that covers your living expenses, no matter how long you live and no matter what happens in the economy.
It looks likely that married couples with joint income above $250,000 and individuals with income above $200,000 will see their federal tax rates rise in 2011. That means, the standard practice of pushing more income in the next tax year-thereby delaying when tax is due-doesn't look too smart in 2010. The wealthy might want to pay more tax in 2010 if it means having to pay less in 2011 and beyond.
Old fashioned pension plans outperform 401(k) plans by an average of one percentage point a year. That adds up to a huge difference in the potential nest egg you'll have 20 or 30 years down the line. Since you can't go out and buy yourself a pension, your next best move is to understand what pension managers do better than you, and put that to work in your own 401(k)
The problem for most Americans is that the money and benefits just aren't there for the traditional retirement of "not working." This article shares some statistics on these challenges, and then suggests goals for older Americans that are more realistic than the traditional retirement.
Do you find yourself a bit depressed now that the Dow has slipped under 10,000 again? I have to confess that it makes me mildly anxious, even though I know that the five-figure mark means nothing. That happens to be the mirror image of a point I made in a post a few months back, when the Dow passed ...
If you are preparing to submit the FAFSA, there are some financial moves you can make that could help to increase the potential amount of financial aid for your student year.
Tim Geithner has gone on television to defend the Treasury bond's credit rating. But only a better fiscal policy can really protect it, and do you think Congress is up to it?
At the same time, Tehran is reviewing the latest U.S. proposal for a possible agreement to end the nearly three-month war.
Tulsi Gabbard is resigning as the director of national intelligence after her husband was diagnosed with a rare form of bone cancer.
Southern California officials have expanded evacuations in several Orange County cities due to concerns over a leaking toxic chemical tank that they say is "actively in crisis."
The three workers, who died in March, were "among the first known victims of the outbreak," the Red Cross said.
The secretary of state tempered optimism for a deal to end the Iran war, calling Iran's bid to "create a tolling system" in the Strait of Hormuz "not acceptable."
The GOP senator said the meeting included "screaming," adding that "fiery does not begin to cut it."
A federal district judge granted Kilmar Abrego Garcia's motion to dismiss two criminal charges on the grounds his prosecution was vindictive and selective.
The Trump administration on Friday announced a sweeping policy designed to make it harder for immigrants already in the U.S. to get permanent residency.
Kyle Busch's cause of death has not been given, though his family said earlier the NASCAR icon had been hospitalized with a "severe illness."
Kindness 101 is a program that uses the stories CBS News finds in our "On the Road" series to teach kindness and character. The stories are paired with lesson plans created by a nonprofit at Iowa's Drake University called "Character Counts!"
Perfecting SpaceX's mammoth rocket will be critical to NASA's plans for returning astronauts to the surface of the moon.
At the same time, Tehran is reviewing the latest U.S. proposal for a possible agreement to end the nearly three-month war.
Economists say AI is reshaping the U.S. labor market by suppressing hiring even as overall job losses remain limited.
Kyle Busch's cause of death has not been given, though his family said earlier the NASCAR icon had been hospitalized with a "severe illness."
Economists say AI is reshaping the U.S. labor market by suppressing hiring even as overall job losses remain limited.
Rep. James Comer is requesting information from Kalshi and Polymarket on how the prediction markets guard against insider trading.
Kevin Warsh has vowed to preserve the Fed's independence over monetary policy, telling lawmakers he will never "predetermine" interest rates at the president's request.
Landing a good-paying job may not be enough to buy a home. A new study finds family wealth plays an outsized role in who becomes a homeowner.
AI tools that autonomously perform tasks for users mark a major step forward from chatbots, according to tech experts.
The GOP senator said the meeting included "screaming," adding that "fiery does not begin to cut it."
At the same time, Tehran is reviewing the latest U.S. proposal for a possible agreement to end the nearly three-month war.
When CIA Director John Ratcliffe visited Havana last week to meet with senior Cuban officials, he brought along one of the covert operators involved in the mission to capture Nicolás Maduro, multiple people familiar with the matter said.
A federal district judge granted Kilmar Abrego Garcia's motion to dismiss two criminal charges on the grounds his prosecution was vindictive and selective.
The Trump administration on Friday announced a sweeping policy designed to make it harder for immigrants already in the U.S. to get permanent residency.
The three workers, who fell ill in March and died in May, were "among the first known victims of the outbreak," the Red Cross said.
Lucia Adarve had a long list of symptoms that no one could diagnose. Her mother Lisa was determined to find an answer.
The head of the World Health Organization says Ebola has killed at least 7 people in Congo, but the U.N. agency says it knows the epidemic "is much larger."
A new weight-loss drug, so new it is not on the market yet, is showing promising results in trials, doing much more than what current medications can. Dr. Jon LaPook breaks it down.
The U.S. is stepping up efforts to prevent Ebola from entering the country through its airports, with one flight diverted to Canada on Wednesday evening. Ian Lee reports from Detroit.
The three workers, who fell ill in March and died in May, were "among the first known victims of the outbreak," the Red Cross said.
The remains of four Italian divers who died deep inside an underwater cave have been repatriated. One other set of remains was returned earlier this month.
The incident marks China's deadliest mining accident in years.
At the same time, Tehran is reviewing the latest U.S. proposal for a possible agreement to end the nearly three-month war.
The satirical "Cockroach Janta Party" calls itself a "political front of the youth, by the youth, for the youth." India's government may be trying to squash it.
Disney's latest addition to the Star Wars franchise, "The Mandalorian and Grogu," is kicking off the summer slate of blockbusters. Some other highly-anticipated movies that will be tested at the box office this summer are Steven Spielberg's "Disclosure Day," "Toy Story 5" and "Supergirl." Lucas Shaw, managing editor for media and entertainment at Bloomberg News, joins "The Daily Report" to discuss.
Rob Base, the MC whose lyrics lit up the dancefloor classic "It Takes Two" and got countless people moving worldwide, passed away Friday.
The Indianapolis 500 is this Memorial Day Weekend, kicked off by the second annual Weenie 500. "Cook 'Em Cam" and "Jack and Cheese," whose New York dog won the race, join CBS News to discuss.
Major franchises are bringing new movies to a theater near you this summer. Fandango's Erik Davis joins with more.
A newly released video shows the California Highway Patrol's March 4, 2026, DUI arrest of pop star Britney Spears in Ventura County, California. Officers indicated they smelled alcohol on Spears and conducted a field sobriety test before she was placed in the back of a patrol car and taken to a hospital for a blood test to check for drugs. Spears voluntarily checked herself into rehab in April and pleaded guilty to reckless driving.
Amid concern about AI taking jobs, people see a range of motives by AI companies.
As thousands evacuate their homes in Southern California to flee the Sandy Fire, Ring doorbell and security cameras are helping residents and emergency crews stay informed and stay safe. Ring founder Jamie Siminoff joins CBS News to discuss the Fire Watch feature.
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.
A recent opinion piece in The New York Times spotlighted the impact of artificial intelligence on the 2026 graduating class at one of the world's most prestigious universities. The author, Stanford student Theo Baker, joins to discuss.
AI tools that autonomously perform tasks for users mark a major step forward from chatbots, according to tech experts.
The Pentagon has released another batch of never-before-seen files on reported UFO sightings. CBS News senior national security correspondent Charlie D'Agata reports.
The 2026 Atlantic hurricane season is quickly approaching, and the National Oceanic and Atmospheric Administration is releasing its forecast for what to expect.
The pictures represent the longest-distance ever seen between two pictures of the same humpback whale, researchers said.
Independent scientists say the technology, while impressive, lacks some components to be truly considered an artificial egg.
The upcoming El Niño could trigger frequent and widespread flooding in coastal areas around the United States, even when storms aren't actively taking place, scientists warn.
In Raleigh, North Carolina, a woman's civil case turned into a criminal one after police said she shot two lawyers outside a courthouse. Both were hospitalized. Skyler Henry reports.
Six years after his murder in Minneapolis, and despite passing the House twice, the George Floyd Justice in Policing Act remains stalled in the Senate. Some lawmakers are hoping to change that. Democratic Rep. Glenn Ivey of Maryland and Minnesota Attorney General Keith Ellison join to reflect on the state of police reform.
The deadly attack at the Islamic Center of San Diego was streamed online, and at least three people watched as two teenagers attacked the facility filled with young students, CBS News' Anna Schecter reports.
A newly released video shows the California Highway Patrol's March 4, 2026, DUI arrest of pop star Britney Spears in Ventura County, California. Officers indicated they smelled alcohol on Spears and conducted a field sobriety test before she was placed in the back of a patrol car and taken to a hospital for a blood test to check for drugs. Spears voluntarily checked herself into rehab in April and pleaded guilty to reckless driving.
Pop star Britney Spears said she was "totally fine" to drive and had not had a drink for about six hours when she was pulled over by the California Highway Patrol.
Perfecting SpaceX's mammoth rocket will be critical to NASA's plans for returning astronauts to the surface of the moon.
The new rocket features a host of upgrades intended to improve safety and performance of the world's most powerful rocket.
Elon Musk's SpaceX is moving ahead with plans to go public in what some expect will be the biggest IPO ever.
The International Space Station-bound SpaceX Cargo Dragon is loaded with 6,500 pounds of needed equipment, research gear and crew supplies.
Researchers expected to find "a gradual increase in artificial light at night," but instead saw "much more nuanced patterns," NASA said.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
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.
Anne-Marie Green sits down with "48 Hours" correspondent Erin Moriarty and producer Josh Yager to discuss Jon Green, who was arrested for stealing his ex-wife's dogs and convicted in 2025 for soliciting her murder. But Erin and Josh first met Jon Green back in 2002, when he was then known as Ted Maher, and he had been convicted of arson, leading to the deaths of billionaire Edmond Safra and his nurse.
On Friday, May 22, 2026, CBS News Radio signed off after nearly a century on the air. Christopher Cruise anchored the final newscast and special report.
CBS News meteorologist Rob Marciano has the weather forecast as the U.S. heads into Memorial Day weekend.
A recent survey from digital savings platform Retail Me Not found 54% of respondents plan to shop Memorial Day weekend sales this year, up 36% from last year. But the survey found the amount people plan to spend has dropped a whopping 70% from last year. Consumer savings expert Andrea Woroch has more.
This week, the Justice Department created a so-called "anti-weaponization fund" as part of a settlement between President Trump and his own federal government over the leaking of his tax returns. The settlement also includes a pledge from the IRS that it will not pursue any legal claims it may have against Mr. Trump, his family and his companies. CBS News legal contributor Jessica Levinson has more.