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Ben Bernanke and company meet today to further advance the process of winding down various financial rescue packages. The Feds should be cheered that the Treasury quietly closed its guarantee program for money funds last week and the world did not end. That is, unless Armageddon has just been postpo...
While inflation protection is important, if you only focus on inflation, you may be losing out on opportunities to produce more income today.
While everyone is asking how we'll pay for health care reform and for the spiraling costs of Medicare, the good folks at the Employee Benefit Research Institute have been figuring out how'll we pay for Social Security, that other freight train destined to hit taxpayers in the next decade. You rememb...
While it's great to have a big salary. If you live too large, that lifestyle becomes a liability that can quickly cause your financial life to unravel.
With nearly $2 million in savings and a paid-off house, Dan and Barbara Hoffa thought they were secure. Then Dan lost his job, and the crash clobbered their portfolio.
Dan Hoffa's 88-year-old father, Earl, who was a maintenance manager for a property company, suffered increasingly severe health problems after a car accident five years ago left him in a wheelchair. He and his wife, Mary, who worked as a part-time bookkeeper, live in Seattle, about a three-hour dri...
Dan and Barbara Hoffa felt a lot wealthier in 2007 than they do today. The market's plunge vaporized half of the Hoffas' portfolio, reducing their total liquid assets to about $900,000, a little more than half of which is arrayed in 401(k)s and a Roth IRA.
Before the recession stormed in, Dan and Barbara Hoffa could see nothing but smooth sailing ahead. But now Dan is unemployed, Barbara's income has been slashed, and their comfortable $2 million nest egg has been crushed.
Today the President outlined, in general terms, the principles of the financial reform package that he would like to see. Good thing: I was worried that the health care debate and the stock market recovery had made him forget all about it. My colleague Jill Schlesinger is even more concerned th...
Most Americans agree on the broad outlines of health care reform. No one, Republican or Democrat, believes that the current health care system give great value for the money. No one, Republican or Democrat, believes that it's a great idea for health care to be tied to employment. No one, Republica...
This weekend, the President announced a handful of new initiatives designed to make it easier for American workers to save more for retirement. The initiatives supposedly make use of research from behavioral economics, the arm of the dismal science that incorporates the way people really act into ...
If you work for the government or a public employer, you may feel as though one of the best things about your job is your guaranteed pension. But that promised pension may not be as secure as you think.
So the headline number on unemployment is 9.7%. That alone might be enough to send people into the last weekend of summer with the sense that the economy has a long winter ahead of it. But ugly as that 0.3 percentage point jump in the closely watched number is, a look behind it shows the reality is ...
Everybody makes mistakes with their 401(k). You already know that. Everyone knows that. Fidelity recently made the persistent errors of 401(k) savers the theme of their quarterly report on the 17,500 plans they administer. And on his last visit to the MoneyWatch office, T. Rowe Price PR director E...
The Kazanjians' second home in Florida has become a costly drain on their resources.
The search-and-rescue mission for a downed fighter jet crew member is ongoing as the war in the Middle East rages on.
President Trump ordered the Department of Homeland Security to find a way to pay "each and every employee" of the agency.
The Artemis II astronauts continued their long coast to the moon, capturing stunning photos along the way.
Janice Randle was found dead in her bed in 1992, but police couldn't make an arrest in the case until new information emerged.
The incident comes after a string of similar nighttime attacks across Europe that have heightened concerns over antisemitism.
U.S. officials confirmed that an F-15E fighter jet went down over Iran.
The executive order is designed to increase the NCAA's control over college sports, and threatens to remove federal funding for colleges and universities that don't comply with NCAA rules.
A key senator is demanding the TSA reverse its decision to let travelers keep their shoes on while passing through airport screening, a controversial policy at the center of a classified security warning.
Officials from 23 states and the District of Columbia filed a lawsuit seeking to block President Trump's executive order that aims to restrict mail voting.
Janice Randle was found dead in her bed in 1992, but police couldn't make an arrest in the case until new information emerged.
UConn, on a 54-game winning streak, entered the Final Four undefeated for the ninth time in school history.
New Hampshire is one of the few states in the nation that doesn't have a dedicated school for the deaf.
The Artemis II astronauts continued their long coast to the moon, capturing stunning photos along the way.
Goolsbee, president of the Federal Reserve Bank of Chicago, said mounting inflation risks "complicates the picture" on interest rates.
Goolsbee, president of the Federal Reserve Bank of Chicago, said mounting inflation risks "complicates the picture" on interest rates.
U.S. consumers are starting to feel the financial impact of the Iran war. Here's how the conflict is seeping into the economy.
The eye drops — sold under multiple brands — have been recalled over concerns about sterility, according to the FDA.
Hiring was much stronger than expected in March, with employers adding roughly three times the number of jobs economists predicted.
United did not say why it was raising its prices, but the move follows JetBlue also hiking its checked bag fees earlier this week, citing "rising operating costs."
President Trump ordered the Department of Homeland Security to find a way to pay "each and every employee" of the agency.
In an interview with CBS News' Ed O'Keefe, Moore said President Trump has yet to articulate what the U.S. is doing in Iran.
Officials from 23 states and the District of Columbia filed a lawsuit seeking to block President Trump's executive order that aims to restrict mail voting.
The executive order is designed to increase the NCAA's control over college sports, and threatens to remove federal funding for colleges and universities that don't comply with NCAA rules.
Supreme Court Justice Samuel Alito was treated for dehydration after falling ill at an event in Philadelphia on March 20, the court's public information office said.
"CBS Saturday Morning" looks at an experimental treatment for amyotrophic lateral sclerosis, or Lou Gehrig's disease, that is bringing hope to some patients suffering from the neurodegenerative disease.
John Cantrell was enjoying his retirement until an unexpected condition forced him to choose between two kinds of heart surgery.
The Environmental Protection Agency also added microplastics to its contaminant candidate list for the first time.
The FDA approved a new GLP-1 drug from Eli Lilly. Dr. Jon LaPook breaks it down.
The COVID-19 variant BA.3.2, nicknamed "Cicada," has been detected in at least 23 countries and half the states in the U.S.
The incident comes after a string of similar nighttime attacks across Europe that have heightened concerns over antisemitism.
Videos broadcast by local television stations showed a large crowd of fans in the south stands amidst an explosion of fireworks.
Pope Leo XIV carried a wooden cross for all of the 14 stations of the Way of the Cross at the Colosseum on his first Good Friday as pontiff, marking the first time in decades that a pope carried the cross to every station.
In an interview with CBS News' Ed O'Keefe, Moore said President Trump has yet to articulate what the U.S. is doing in Iran.
The search for the second crew member, a weapons system officer, is continuing, two U.S. officials said.
Alabama native Drayton Farley was working at a local auto plant and making bedroom recordings just a few years ago. Now he's being compared to Americana greats like Tyler Childers and Jason Isbell. His new album, "A Heavy Duty Heart," is out now. Here's Drayton Farley performing "It's Called Doubt."
Alabama native Drayton Farley was working at a local auto plant and making bedroom recordings just a few years ago. Now he's being compared to Americana greats like Tyler Childers and Jason Isbell. His new album, "A Heavy Duty Heart," is out now. Here's Drayton Farley performing "The Luckier Ones."
Alabama native Drayton Farley was working at a local auto plant and making bedroom recordings just a few years ago. Now he's being compared to Americana greats like Tyler Childers and Jason Isbell. His new album, "A Heavy Duty Heart," is out now. Here's Drayton Farley performing "I Need Your Love."
Mumford & Sons' new record, "Prizefighter," recently debuted in the top 10 of the Billboard Hot 200. The band spoke to Anthony Mason about their journey through the music industry, how they got their confidence back and the major collaborations on their new music.
A federal judge dismissed actor Blake Lively's sexual harassment claims in the legal battle between her and "It Ends With Us" director and her former co-star Justin Baldoni. Jericka Duncan has more.
"CBS Mornings" sits down with Tristan Harris, co-founder and president of the Center for Humane Technology, who is featured in the 2026 documentary, "The AI Doc: Or How I Became an Apocaloptimist."
CBS News contributor Patrick McGee joins "The Daily Report" to discuss the codependent relationship between Apple and China, a country that manufactures hundreds of millions of iPhones every year.
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 JPMorgan Chase CEO said the bank may one day introduce prediction market features, but said "there's a bunch of stuff we won't do" in that space.
Many have dreamed of a future with flying cars, eliminating traffic on the morning commute. One company is trying to make that dream a reality. Itay Hod reports.
NASA's Artemis II astronauts will spend about 24 hours orbiting the Earth and running checks on their spacecraft and life support systems before heading to the moon.
Four astronauts are traveling around the moon on Artemis II, going further from Earth than anyone before. CBS News' Mark Strassmann and Peter King have more.
Former NASA astronaut Clayton Anderson joins CBS News to discuss what the Artemis II astronauts will do as they orbit the Earth after takeoff.
Members of the Artemis II crew will be the first people to sleep inside the Orion spacecraft. CBS News' Kris Van Cleave has more on how they'll do that.
The science and technology behind using the restroom in space continues to evolve. CBS News senior transportation correspondent Kris Van Cleave looks at the out-of-this-world facilities available to the Artemis II crew.
Janice Randle was found dead in her bed in 1992, but police couldn't make an arrest in the case until new information emerged.
On April 3, 1996, the FBI arrested Theodore Kaczynski in the Unabomber case, ending one of the longest and most intense manhunts in U.S. history. Watch CBS News' coverage from that day.
President Trump's firing of Attorney General Pam Bondi is raising questions about their dynamic in the months prior. CBS News' Weijia Jiang reports.
A mother and daughter are accused of killing a man by poisoning his root beer float. CBS News' Peter Van Sant reports.
Golf icon Tiger Woods told officers at the scene of a Florida car crash where he was arrested for DUI that he was "just talking to the president." It's unclear if Woods was referring to President Trump. CBS News' Nicole Valdes reports.
The Artemis II astronauts continued their long coast to the moon, capturing stunning photos along the way.
The photo shows the entire planet, as well as the Northern and Southern lights.
The engine firing provided a slingshot-like boost to the Orion capsule, speeding it to 24,500 mph, the velocity needed to break free of Earth's gravitational clasp for a trek to the moon.
NASA's Artemis II astronauts will spend about 24 hours orbiting the Earth and running checks on their spacecraft and life support systems before heading to the moon.
NASA's Artemis II astronauts launched on a nine-and-a-half-day mission around the moon and back.
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.
Alabama native Drayton Farley was working at a local auto plant and making bedroom recordings just a few years ago. Now he's being compared to Americana greats like Tyler Childers and Jason Isbell. His new album, "A Heavy Duty Heart," is out now. Here's Drayton Farley performing "It's Called Doubt."
Scientists in the Netherlands unveiled a new type of leather handbag derived from dinosaur DNA as a way to demonstrate the value of lab-grown leather.
Alabama native Drayton Farley was working at a local auto plant and making bedroom recordings just a few years ago. Now he's being compared to Americana greats like Tyler Childers and Jason Isbell. His new album, "A Heavy Duty Heart," is out now. Here's Drayton Farley performing "The Luckier Ones."
Alabama native Drayton Farley was working at a local auto plant and making bedroom recordings just a few years ago. Now he's being compared to Americana greats like Tyler Childers and Jason Isbell. His new album, "A Heavy Duty Heart," is out now. Here's Drayton Farley performing "I Need Your Love."
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