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PricewaterhouseCoopers recently released their 2009 global wealth management survey and it includes some surprising findings. First, many wealth managers don't think they have the skills to handle today's complex markets and most wealth management firms aren't doing much about it. If you're working with a wealth manager and aren't happy with how things are going, you might want to check out the survey and then ask some questions.
From its low on March 9 to its high this week, the S&P 500 has had a 50 percent move. Thanks to the law of large numbers that doesn't come close to retracing what the market lost in the crash. Still, 50-point moves don't come along very often -- not in five-month spurts, anyway -- and they're th...
In a recent study, a majority of respondents had stopped working earlier than they had planned to - because of layoffs, health issues, and other factors beyond their control. Here's how to protect yourself.
We analyze whether the giant organization's senior-focused life insurance and annuities are worth buying.
We're a little more than half way through the year, and it's time to give your 401(k) a checkup. You want to ensure you're on track to maximize the tax savings, get all the match possible and that your investment allocation is in good shape given all the violent moves in the markets since January.
If four grown men drinking beer on the White House lawn is a teachable moment for America, what do you make of a 48% rally in the stock market since March 9? It's "teachable," all right, but it's more than a moment--more like an entire remedial course in the unpredictability of stocks and the perver...
With the decline in the stock market, there's lots of talk these days about how to create retirement income. While there are a number of different strategies, I prefer to use a simple method of creating cash flow to fund distributions. It doesn't require you to time the stock or bond markets, and gives you staying power through difficult economic cycles.
A couple weeks ago, I blogged that the 401(k) had failed. My point was that we had taken a perfectly decent supplementary savings plan and, without any real discussion, allowed it to become the sole source of most workers' non-Social Security retirement income. The 401(k) was not designed for that r...
For years you've been told that you could withdraw 4 percent of your retirement savings every year and you'd never run out of money. Turns out, it's not that simple.
Will I ever be able to retire? If you're wondering whether you'll ever be able to hang up your spurs, you're not alone. The financial markets' recent dismal performance has left most people's retirement accounts a shadow of their former selves. But there are ways to get back on track. T...
Variable annuities are tax-deferred retirement savings products offered by insurance companies -- but they often come with high fees. MoneyWatch's Jill Schlesinger helps you assess your options.
We're in the midst of earnings season on Wall Street, and the numbers are coming in a little better than expected. Why? Because companies have slashed their expenses to become lean and mean. You should be doing the same in your own household.
Some are saying the recession is over and the worst is behind us. But with the financial markets, the worst is never behind you. Forgetting about risk is the biggest threat to your retirement security. And you're most likely to forget about it during the good times.
If you have to have a Great Recession, you want to have one like China is having. A laggard on the way into the downturn, the Middle Kingdom has become a leader on the way out. Its economy vaulted 7.9% in the second quarter, a turnabout that on Sunday The New York Times, quoting Andy Rothman, a Sh...
The Wall Street Journal ran a great article yesterday on what I would consider a major problem for public pensions, and it's called spiking. Spiking occurs when a public employee substantially increases his or her pay in the year or two prior to retirement for the purpose of locking in a higher pension payment. If you're a public employee, particularly a younger employee, this practice may jeopardize the security of your pension.
"When we gaslight and contradict what the public can plainly see with their own eyes, we lose all credibility," one DHS official said.
ICE's Homeland Security Investigations unit is leading the probe of the fatal shooting of Alex Pretti by a Border Patrol officer.
A growing number of Republicans, including some Trump allies, are questioning or criticizing the Trump administration's response to the killing of Alex Pretti.
Bystander videos verified by CBS News show the scene from multiple angles before and during the fatal shooting of 37-year-old Alex Pretti in Minneapolis.
Border Patrol commander Gregory Bovino and some of his agents are expected to soon leave the Minneapolis area, two sources tell CBS News.
Two U.S. officials tell CBS News some of the Border Patrol agents involved in the fatal shooting of Alex Pretti in Minneapolis had body cameras. Also on Monday, President Trump and Gov. Walz both confirmed they are in conversation about scaling down the federal surge in Minnesota.
The police in Bangor, Maine, said all six people on a private business jet are presumed dead after the plane crashed in a snowstorm at Bangor International Airport.
Federal agents shot and killed a Minnesota ICU nurse in south Minneapolis on Saturday.
President Trump is hiking tariffs on imports from South Korea, saying its government has reneged on an agreement to approve a bilateral trade deal.
Canada's last captive whales have received a reprieve from death after the Canadian government conditionally approved a plan to export them to the U.S.
President Trump is hiking tariffs on imports from South Korea, saying its government has reneged on an agreement to approve a bilateral trade deal.
A handful of U.S. states are moving to ease the cost of Affordable Care Act insurance as millions of Americans see their premiums spike.
Olympic veterans, including skier Lindsey Vonn and bobsledders Kaillie Humphries and Elana Meyers Taylor, are among the seven Americans making their fifth trips to the games.
Border Patrol commander Gregory Bovino and some of his agents are expected to soon leave the Minneapolis area, three sources tell CBS News.
President Trump is hiking tariffs on imports from South Korea, saying its government has reneged on an agreement to approve a bilateral trade deal.
A handful of U.S. states are moving to ease the cost of Affordable Care Act insurance as millions of Americans see their premiums spike.
The IRS started accepting tax returns on Jan. 26. Here's everything you need to know about getting your tax refund.
This weekend's snowstorm could prove to be lucrative for some online bettors.
Class-action lawsuit alleged that Google's voice assistant illegally recorded and shared private conversations with advertisers.
A growing number of Republicans, including some Trump allies, are questioning or criticizing the Trump administration's response to the killing of Alex Pretti.
ICE's Homeland Security Investigations unit is leading the probe of the fatal shooting of Alex Pretti by a Border Patrol officer.
President Trump is hiking tariffs on imports from South Korea, saying its government has reneged on an agreement to approve a bilateral trade deal.
Democrats on the Senate Judiciary Committee said the Justice Department's "refusal to investigate is a complete abdication of responsibility."
Border Patrol commander Gregory Bovino and some of his agents are expected to soon leave the Minneapolis area, three sources tell CBS News.
The American Academy of Pediatrics released its own recommendations for childhood vaccinations Monday. The list differs significantly from the reduced vaccine schedule released earlier this month by the CDC. Dr. Amanda Kravitz, pediatrician at Weill Cornell in New York City, joins CBS News to discuss.
Cardiologists say shoveling snow can increase a person's risk of experiencing a heart attack.
Cassandra King was thrilled to be pregnant after years of fertility struggles and multiple miscarriages. Then a sudden cardiac event threatened everything.
After a year of ongoing measles outbreaks that have sickened more than 2,400 people, the United States is poised to lose its status as a measles-free country.
An infectious disease physician and former CDC official said he does not "have faith" that the U.S. is "handling measles very well."
Canada's last captive whales have received a reprieve from death after the Canadian government conditionally approved a plan to export them to the U.S.
Olympic veterans, including skier Lindsey Vonn and bobsledders Kaillie Humphries and Elana Meyers Taylor, are among the seven Americans making their fifth trips to the games.
Dennis Coyle, 64, was abducted from his Kabul apartment last year and has been held in near-solitary confinement by the Taliban.
As the European Union announces an investigation, the Grok chatbot tells CBS News, "Yes, tools like me should face meaningful regulation."
Jay Vine was knocked from his bike when two large kangaroos bounced onto the road on a high speed section.
In a full-page ad in the Wall Street Journal, Ye, the artist formerly known as Kanye West, revealed that the right frontal lobe of his brain was injured in a car accident 25 years ago.
After more than 40 years, the Sundance Film Festival is leaving its longtime host of Park City, Utah, and heading to Boulder, Colorado. Sarah Horbacewicz reports.
As the face of Revlon, Lauren Hutton – called a "believable beauty" – became the highest-paid model in history, and still holds the record for most cover appearances on American Vogue. She talks about her adventurous life of no regrets.
She didn't set out to be a model, or an actress, and several agencies rejected the gap-toothed Lauren Hutton, before Eileen Ford gave her a shot. As the face of Revlon, Hutton became the highest-paid model in history, and still holds the record for most cover appearances on American Vogue. She talks with Anthony Mason about her adventurous life of no regrets – from living among the bushmen of the Kalahari, to a near-fatal motorcycle accident in 2000. Even of the low points she says, "I'd do it again in a second."
"Sunday Morning" remembers some of the notable figures who left us this week, including the iconic Italian fashion designer Valentino Garavani.
Class-action lawsuit alleged that Google's voice assistant illegally recorded and shared private conversations with advertisers.
As the European Union announces an investigation, the Grok chatbot tells CBS News, "Yes, tools like me should face meaningful regulation."
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.
Microsoft services were down for thousands of users, according to tracking service Downdetector.
Snapchat's parent company, Snap Inc., settled a lawsuit surrounding allegations of social media addiction burdening users. CBS News' Shanelle Kaul reports.
Dark matter doesn't absorb or give off light so scientists can't study it directly. But they can observe how its gravity warps and bends the star stuff around it.
"CBS Saturday Morning" learns more about Veronika, the clever cow who figured out multiple ways to scratch herself with a broom. It was the first time a cow was seen using a tool.
"Sunday Morning" looks back at historical events on this date.
The Dinosaur National Monument, which is located on the border between Colorado and Utah, was last excavated in 1924.
Have you ever wondered if your dog is eavesdropping on you? A new study published in the Journal of Science found that some dogs are not only listening, but are also learning words. Lead scientist Dr. Shany Dror joins CBS News to discuss.
Gov. Tim Walz says that he and President Trump shared a "productive" phone call Monday morning, during which he says the president agreed to consider a reduction of federal immigration enforcement forces in Minnesota.
Police were assisted by the navy and air force, as well as the U.K. and U..S authorities, in difficult weather conditions.
Homeland Secretary Kristi Noem claimed Alex Pretti attacked Border Patrol officers before he was fatally shot in Minneapolis, Minnesota. This comes as more Trump administration officials react to the incident. CBS News' Lana Zak and Natalie Brand report.
Political strategists Kristian Ramos and Rina Shah join CBS News with their reactions to Border Patrol killing Alex Pretti in Minneapolis, Minnesota.
The federal government's accounts of the most recent shooting in Minneapolis, Minnesota, involving immigration officials, appear to clash with evidence emerging. CBS News' Lana Zak has more.
Dark matter doesn't absorb or give off light so scientists can't study it directly. But they can observe how its gravity warps and bends the star stuff around it.
Virgin Galactic is sending an all-female research team to space. Kellie Gerardi, who is leading the crew, joins "CBS News 24/7 Mornings" to discuss the goals of the mission.
Inch by inch, NASA's Artemis II moon rocket lumbered along its four-mile commute from the Vehicle Assembly Building to launch pad 39-B. Mark Strassmann is at the Kennedy Space Center in Florida with more.
Four Artemis II astronauts plan to fly around the moon and back next month, traveling farther from Earth than any humans before them.
NASA is beginning its rollout of its Space Launch System rocket and Orion spacecraft as preparations for the Artemis II mission enter their final stage.
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.
This weekend's severe winter storm is still causing issues for major airports around the country. CBS News national correspondent Dave Malkoff shows how crews at Charlotte Douglas International Airport de-ice planes.
The federal government is exclusively handling the investigation into the shooting death of 37-year-old Alex Pretti in Minneapolis by an immigration officer. Amy Sweasy, adjunct professor of law at the University of Minnesota, joins with analysis.
This past weekend's winter storm dropped record amounts of snow across the country. In Mississippi, Gov. Tate Reeves has confirmed two weather-related deaths. CBS News reporter Kati Weis has the details from Oxford.
Saturday's fatal shooting in Minneapolis is the latest flashpoint after weeks of tension in the city. CBS News' Lindsey Reiser breaks down the major moments leading up to the incident.
Alex Pretti, the 37-year-old U.S. citizen killed by immigration officials in Minneapolis, was licensed to carry a gun. Still, there's no video of him ever holding his firearm during the interaction with federal agents. The White House, though, claims the gun itself was a factor. CBS News legal contributor Jessica Levinson joins with analysis.