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The New York Times editorial page added its two cents to the retirement reform debate with a piece on Sunday. The editorial focused on the 401(k), as well it should. You can't head off the looming retirement crisis until you acknowledge that the 401(k) is part of the problem. The 401(k) was con...
Vanguard just released its 2009 How America Saves study and it provides some interesting data on how individual 401(k) investors seem to have handled this financial crisis much better than the institutional investors who manage big pension plans and endowments.
We boomers had all last week (the anniversary of Woodstock) to remind ourselves how lucky we were to have come of age during the era of sex, drugs and rock n roll. Now that our nostalgia-induced buzz has faded, though, it's back to reality: recession, swollen college bills, blasted home values and s...
Today on Moneywatch we're running a series of interviews with some pretty smart finance professionals. I think you'll find their insights on the markets interesting and well reasoned, but they come to different conclusions. So how do you make investment decisions in the face of these conflicting opinions about the markets and the economy?
The Consumer Price Index numbers just came out for July and again we're seeing year-over-year declines for inflation. With prices and wages falling, your best bet for any spare cash may be to pay down debts.
You've probably seen the ads lately from financial services firms promoting guaranteed retirement income for life. It sounds comforting, but before jumping at the option, you should carefully consider the costs of these programs.
Fidelity just released its quarterly analysis of accounts in the 17,500 401(k) plans it administers. The nation's number one administrator and manager of 401(k) assets reports that the balance in its average account rose 13.5% to $53,900--a nice jump. Then, in an odd follow-up feature, it listed wha...
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...
There is broad commitment on the principles of a deal, a senior Trump administration official said, and the administration feels positive about where things stand.
Sources identified the 21-year-old suspect as Nasire Best of Dundalk, Maryland, and documents obtained by CBS News show Best previously blocked a White House entry lane in June 2025.
Officials at the highest levels of the Iranian government say they don't know where Mojtaba Khamenei is and have no way to contact him directly, relying instead on a network of couriers.
More than 50,000 people in California remain evacuated due to an Orange County chemical leak that prompted Gov. Newsom to request that President Trump issue a Federal Emergency Declaration.
Negotiations are "in a very good place," a senior Trump official said, but, a deal to end the Iran war likely will not be signed this weekend.
Douglas McCain, the eldest son of the late Sen. John McCain, has died, his family announced. He was 66.
From improvising classical music to playing songs students like, the approach by Payam Music focuses on student enjoyment while learning piano.
Angry residents of a town at the epicenter of the Ebola outbreak in eastern Congo attacked and burned a tent that was part of a health center where people are being treated for the virus.
A spearfisher was killed on the Great Barrier Reef on Sunday in Australia's second fatal shark attack in just over a week, police said.
Sources identified the 21-year-old suspect as Nasire Best of Dundalk, Maryland, and documents obtained by CBS News show Best previously blocked a White House entry lane in June 2025.
On this "Face the Nation with Margaret Brennan" broadcast, Kevin Hassett, White House National Economic Council director, and Sen. Chris Van Hollen, Democrat of Maryland, join Nancy Cordes.
First responders rescued an infant from a car that became trapped in floodwaters in southern Texas on Saturday, video shows.
In California, the Pebble Beach Concours d'Elegance is widely considered the most prestigious car show in the world. But just a few miles away, the Concours d'Lemons celebrates the junkers of the automotive world.
Douglas McCain, the eldest son of the late Sen. John McCain, has died, his family announced. He was 66.
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.
New Jersey Gov. Mikie Sherrill is asking ICE to let her inside the Delaney Hall detention center in Newark.
Officials at the highest levels of the Iranian government say they don't know where Mojtaba Khamenei is and have no way to contact him directly, relying instead on a network of couriers.
On this "Face the Nation with Margaret Brennan" broadcast, Kevin Hassett, White House National Economic Council director, and Sen. Chris Van Hollen, Democrat of Maryland, join Nancy Cordes.
The following is the transcript of the interview with Sen. Chris Van Hollen, Democrat of Maryland, that aired on "Face the Nation with Margaret Brennan" on May 24, 2026.
The following is the transcript of the interview with Kevin Hassett, director of the White House National Economic Council, that aired on "Face the Nation with Margaret Brennan" on May 24, 2026.
Angry residents of a town at the epicenter of the Ebola outbreak in eastern Congo attacked and burned a tent that was part of a health center where people are being treated for the virus.
Officials have increased the number of countries in Africa at risk for Ebola from three to 10. A third entry point is open for Americans traveling from certain high-risk countries back into the U.S. Holly Williams reports.
The tank at GKN Aerospace is estimated to contain 7,000 gallons of methyl methacrylate, a volatile chemical used to produce plastics.
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.
Officials at the highest levels of the Iranian government say they don't know where Mojtaba Khamenei is and have no way to contact him directly, relying instead on a network of couriers.
A spearfisher was killed on the Great Barrier Reef on Sunday in Australia's second fatal shark attack in just over a week, police said.
The following is the transcript of the interview with Sen. Chris Van Hollen, Democrat of Maryland, that aired on "Face the Nation with Margaret Brennan" on May 24, 2026.
China has launched the Shenzhou 23 spacecraft with three astronauts heading to its space station.
The following is the transcript of the interview with Kevin Hassett, director of the White House National Economic Council, that aired on "Face the Nation with Margaret Brennan" on May 24, 2026.
It's been some 50 years since Patti LaBelle first sang her hit song "Lady Marmalade." As she marks her 82nd birthday, LaBelle talks to correspondent Tracy Smith about her career and what's next.
Hosted by Lee Cowan. Featured: Concours d'LeMons, Iranian propaganda, Patti LaBelle.
Patti LaBelle said she's "having fun living it down" as the legendary singer marks her 82nd birthday.
Legendary singer Patti LaBelle has been performing for six decades. Correspondent Tracy Smith talks with LaBelle at her hometown of Philadelphia as she marks her 82nd birthday.
John McWhorter talks about his book, "Losing the Race: Self-Sabotage in Black America," published in 2000, along with one of his latest projects.
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.
The alleged gunman in Saturday's shooting at the White House had tried to gain access to the White House last year. Natalie Brand reports.
At Kouri Richins' sentencing for the murder of Eric Richins, her husband and father of their three sons, she declared her innocence to the court and to her children. But for jurors on the case, the evidence told a different story.
Several shots were heard from the White House property on Saturday. Aaron Navarro reports from the location after Secret Service told him to get down immediately.
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.
China has launched the Shenzhou 23 spacecraft with three astronauts heading to its space station.
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.
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.
First, examining lessons from the Wall Street crash of 1929. Then, a report on mouse DNA and the fight against Lyme disease. And, inside the "Payam Method" for learning piano.
Crack in California chemical tank a positive sign, but explosion fears remain; details emerging on potential U.S.-Iran peace deal.
Once found only in parts of the West and Southwest, coyotes have dramatically expanded their range, and are now found in every state except Hawaii. Conor Knighton looks at how these animals have become part of the urban landscape in places like Chicago, and what roles they play — in history, in Native American stories, in art and in today's urban and suburban ecosystems.
Charlie D'Agata reports on the trail just south of West Point Military Academy that honors America's fallen patriots.
Americans are now paying 20% more for food than four years ago. Inflation rose nearly 1% this month, mainly due to higher gas prices. Shanelle Kaul reports.