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Confidence, these days, is the only thing more infectious than swine flu. On MoneyWatch.com Thursday, for example, CBS's Alexis Christoforous ticked off postive developments under the headline Signs of an Economic Comeback. Initial unemployment claims dipped and retail sales edged up. (Never mind...
If you participate in a nonqualified deferred compensation plan, you may recall reading something about the money being subject to the claims of your employer's creditors. With big companies dropping like flies, the risk of losing your deferred compensation money is greater than previously understood. The tax benefit you get from the plans may not be worth the risk to your retirement security.
When you think of estate planning, most people think about getting their wills and trusts in order. But for many investors, their IRA or 401(k) beneficiary designation form will control the distribution of most of their assets.
Last week I wrote a post on how bonds can help keep you on track for retirement. But not all bonds are created equal. So this week I'm going to give you a few pointers on how to figure out if the bonds you own are safe enough for your retirement plan.
One of the simplest strategies you can use to help create more assets for your retirement plan is to make small and consistent prepayments on your mortgage. Since the home mortgage is usually the largest debt most families incur, a small change to your monthly mortgage payment may make a big difference to your retirement plan decades down the road.
In the past weeks, we've seen two 200-plus-point rallies in the Dow. The first coincided with the news that a starving nation led by a Stalinist throwback cult leader had detonated a nuclear bomb on the Korean peninsula. The second came on the day that a century-old symbol of American industrial mig...
The decline of General Motors is a good example of how the inability to accept sunk costs can be a barrier to a better future. As the saying goes, if you find yourself in a hole, stop digging. If a financial decision isn't working, you need to have the mental toughness to move on, even if it means accepting a loss.
About half of all financial assets in the world are invested in the bond market. But most individual investors have little understanding of bonds, and that's hurting their retirement plans. The stability offered by bonds can keep you on track for retirement and be a financial lifesaver in a crisis.
The natural response to the market rally of the past two months was to sigh in relief. Maybe the nightmare was over. Maybe, just maybe, we'd paid our dues, gotten the message about risk, suffered through the exception that proves the rule, and now can we please go back to the "normal" investing worl...
The Dow Jones Industrial Average has commonly been referred to as the blue chip index. This crisis, however, has crushed some of the bluest of the blue chips. Reflecting on the demise of these companies is a good reminder on the importance of diversification as a foundation for your financial security.
Does Cincinnati, Ohio, come to mind when you think of retirement? MoneyWatch Editor-at-Large Jill Schlesinger reveals some surprisingly great retirement locations.
The Dow's reaction to higher rates on Treasury notes yesterday -- a nearly 200-point drop -- is the sort of thing that will depress you if you spend too much time caught up in market's daily mood swings. Sure, there are lots of good reasons not to like higher interest rates, especially when you're p...
Last week the Pension Benefit Guaranty Corporation, the federal agency that pays your pension if your employer can't, told the Senate Select Committee on Aging that its assets fall $33.5 billion short of its obligations. In other words, the perennially underfunded agency wanted to let everyone know ...
According to the recently released S&P Case-Shiller Home Price Index, home values continue to fall in many parts of the country. If your house is falling in value, will the decline threaten your retirement plans? Well, it all depends on whether you plan on moving. Not Moving. If plan ...
Finding a great place to retire isn't easy, but our analysis of the leading Best Places rankings will help you know where to start looking.
As the Trump administration signals hope for a possible deal, Iran says obstacles linger, and "frequent changes" in U.S. positions aren't helping.
"I think it's just disrespectful to those that I served with who didn't come back," a veteran suing to stop construction of the arch told CBS News.
California crews conducted an overnight operation at the Orange County site of a chemical leak in Garden Grove and said Monday that the threat of an explosion had been "eliminated" and was "off the table."
In his "Magnifica Humanitas" encyclical, Pope Leo warns that as civilization grapples with the power of AI, the main challenge is remaining "profoundly human."
Attorney General Todd Blanche said the ballroom is "being constructed for the physical safety and security of all Presidents, their families, staff, Foreign Dignitaries, and guests."
A draft memorandum includes a 60-day ceasefire extension and the halt of fighting on all fronts, sources say.
Veterans service officer Terrance O'Keefe put out a call from Massachusetts for a World War II veteran who needed a proper hero's send-off. When he arrived at the funeral, a line was already out the church door.
The WHO chief says there have been 220 suspected deaths in the ongoing Ebola outbreak as Ugandan health authorities report two new Ebola infections.
The thieves stole jewelry, high-end watches and souvenirs such as sports jerseys, among other belongings, police said.
A Dominican judge has ruled that Tampa Bay Rays shortstop Wander Franco is criminally responsible for the sexual and psychological abuse of a minor but will not serve a sentence.
Veterans service officer Terrance O'Keefe put out a call from Massachusetts for a World War II veteran who needed a proper hero's send-off. When he arrived at the funeral, a line was already out the church door.
Emergency crews raced overnight to prevent a tank holding a volatile industrial chemical from exploding at an aerospace facility in Southern California.
Here are the financial considerations to make when shopping for a new vehicle amid high car prices.
A draft memorandum includes a 60-day ceasefire extension and the halt of fighting on all fronts, sources say.
Here are the financial considerations to make when shopping for a new vehicle amid high car prices.
Most retail stores will be open for business on Memorial Day, while post offices will be closed. Here's what to know.
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.
A draft memorandum includes a 60-day ceasefire extension and the halt of fighting on all fronts, sources say.
Attorney General Todd Blanche said the ballroom is "being constructed for the physical safety and security of all Presidents, their families, staff, Foreign Dignitaries, and guests."
The Justice Department acknowledges it has removed from its website news releases about criminal cases related to the Jan. 6, 2021 riot, calling the information "partisan propaganda."
"I think it's just disrespectful to those that I served with who didn't come back," a veteran suing to stop construction of the arch told CBS News.
New Jersey Gov. Mikie Sherrill is asking ICE to let her inside the Delaney Hall detention center in Newark.
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.
A Dominican judge has ruled that Tampa Bay Rays shortstop Wander Franco is criminally responsible for the sexual and psychological abuse of a minor but will not serve a sentence.
A draft memorandum includes a 60-day ceasefire extension and the halt of fighting on all fronts, sources say.
In his "Magnifica Humanitas" encyclical, Pope Leo warns that as civilization grapples with the power of AI, the main challenge is remaining "profoundly human."
The Mexican government announced the auction of a plot of land within the country club where drug kingpin "El Mencho" died during a clash with the army in February.
Seven Laotian villagers entered a cave five days ago searching for gold and were trapped inside after heavy rain triggered flash flooding.
The American Music Awards celebrate fan favorites in the music world and feature performances from multiple artists.
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.
In his "Magnifica Humanitas" encyclical, Pope Leo warns that as civilization grapples with the power of AI, the main challenge is remaining "profoundly human."
Amid concern about AI taking jobs, people see a range of motives by AI companies.
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.
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.
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.
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.
A Dominican judge has ruled that Tampa Bay Rays shortstop Wander Franco is criminally responsible for the sexual and psychological abuse of a minor but will not serve a sentence.
21-year-old Nasire Best, the suspect linked to a shooting near the White House on Saturday, previously tried to gain access to the White House and may have had mental health issues, according to law enforcement sources and court documents. CBS News' Nicole Sganga reports.
The thieves stole jewelry, high-end watches and souvenirs such as sports jerseys, among other belongings, police said.
Daniel Sikkema faces a mandatory sentence of life in prison. Brent Sikkema was stabbed to death in his Rio de Janeiro townhouse in 2024.
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.
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.
In celebrations throughout the country, communities honored the lives of fallen U.S. service members. Jericka Duncan takes a look at the history of Memorial Day.
On this Memorial Day, we remember CBS News cameraman Paul Douglas and soundman James Brolan, who were killed 20 years ago by a car bomb in Iraq.
The U.S. military has been using artificial intelligence to process battlefield intelligence in real time. Chris Livesay observes a U.S. military training exercise in Morocco that's being shaped by AI.
Millions of drivers hit the road for a record-breaking Memorial Day travel weekend despite high gas prices. Meanwhile, three days of relentless rain in the northeast U.S. hampered travel plans. Skyler Henry has more.
Saturday's shooting near the White House has raised security concerns ahead of summer celebrations to mark America's 250th birthday. The shooter, who was killed after opening fire on a Secret Service checkpoint, had previously blocked a White House entry lane last June, court records show. Nicole Sganga reports.