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The government just released the April Consumer Price Index figures. And in that data was a little gift to retirees: a bit of deflation. While many retirees get concerned about bear markets, the real threat to long term retirement security is inflation. So take some comfort in these numbers.
The annual Social Security Trust Fund Report was issued this week, and it's no surprise that the numbers look a little worse than they did last year. Given the state of the trust fund, how worried should you be about your Social Security benefit?
There's a lot of buzz in the media lately about the stock market's 30 percent rally off its March lows. But because of the big declines, the 30 percent rally has only returned about 13 percent of what the stock market was worth back in October 2007.
The collapse of the financial markets has many retirees worried about running out of money, and for good reason.The key to getting through this crisis is to cut the distributions from your retirement plan. Cutting your distributions by just one percent can significantly increase the odds of not running out of money.
Besides the global financial destruction caused by banks, banks charge lots of fees for basic banking services. I suggest you try your best to become a bad bank customer by avoiding fee generating bank services. Then take the savings, and contribute it to your retirement plan.
While the government is busy stress testing the banks, this is a good time for you to stress test your own finances. Even though the markets have improved lately, the economy is still getting worse. Hopefully, we are in a bottoming process, but if not, you need to be prepared if things get worse.
You've got plenty of time, so stop fretting about timing. Focus on the great long-term opportunity you've just been handed.
Torn between the need to rebuild your savings — before it's too late — and fear of another bear market? Relax. Here's your plan.
You're a smart investor and you're scared. Yes, the market has rallied dramatically since mid-March — but will it last? There's good reason to be skeptical, given the terrible shape of the economy and still unresolved credit crisis. Indeed, bear markets often feature brief, exhilarating surges. Rem...
While Congress is debating new rules for credit card companies,there is a harsh reality about credit cards that you can't escape. If you carry a balance, it's a high risk loan, so the terms will always be lousy no matter what Congress does.
Most people have no idea how much they may need to save for retirement. Understanding the retirement income distribution rule will give you a ballpark number for figuring out how much you need to save.
MoneyWatch's Eric Schurenberg debunks common myths about how to fatten up your retirement savings. And just how much money should you squirrel away? Here's a rule of thumb for calculating how big of a nest egg you'll need.
The collapse of General Motors and the other automakers offers some hard lessons on retirement security. While the promise of a lifetime pension and retiree medical care sound great, you may do better saving the money yourself.
Managing your financial life involves some basic math skills. Nothing terribly complicated, and it's stuff you probably learned by sixth grade. But according to an article I recently read in the Journal of Financial Planning, many people aren't very good at basic math (PDF link). That's a prob...
Despite the accepted norm that senior citizens may have a more difficult time finding employment, Mark Strassmann reports that there are still ways to find a job at an older age in this recession.
President Trump hailed the rescue of a U.S. airman who was missing almost two days inside Iran — and threatened to hit power plants if Iran doesn't reopen the Strait of Hormuz.
U.S. forces mounted an urgent and high-risk rescue effort to find an airman who was forced to eject from a downed F-15E fighter jet over Iran.
An ambitious state-run high-speed rail project linking Los Angeles and San Francisco has gone off track.
Retired Gen. Frank McKenzie, a former commander of U.S. Central Command, outlined takeaways on the search-and-rescue mission for a missing U.S. airman on "Face the Nation," and called it a "hard lesson for Iran."
NASA Administrator Jared Isaacman outlined the most critical moments he expects in the coming days as Artemis II astronauts continue their journey around the far side of the moon.
A U.S. crew member who went missing when an F-15E fighter jet was shot down over a remote area of Iran has been rescued by U.S. forces.
Hamideh Soleimani Afshar and her daughter were granted U.S. asylum in 2019, but the government is now moving to strip them of their green cards.
Americans are driving hundreds of miles and waiting on line for days to get free medical help from RAM.
The NASA astronauts also sent down Easter messages Sunday while gearing up for a historic pass behind the moon Monday.
U.S. forces mounted an urgent and high-risk rescue effort to find an airman who was forced to eject from a downed F-15E fighter jet over Iran.
The driver was trying to elude the Alabama Law Enforcement Agency's highway patrol on a rural road in southeast Alabama's Pike County when the crash occurred late Friday night.
On this "Face the Nation with Margaret Brennan" broadcast, NASA Administrator Jared Isaacman and retired Gen. Frank McKenzie join Ed O'Keefe.
The crew of NASA's Artemis II mission captured a new image of the far side of the moon, which the agency released Sunday.
NASA Administrator Jared Isaacman outlined the most critical moments he expects in the coming days as Artemis II astronauts continue their journey around the far side of the moon.
Some major retailers and other stores will close their doors on Easter, so it's best to plan ahead. Here's what to know.
One consumer reported sustaining bruising and burn injuries.
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.
U.S. forces mounted an urgent and high-risk rescue effort to find an airman who was forced to eject from a downed F-15E fighter jet over Iran.
On this "Face the Nation with Margaret Brennan" broadcast, NASA Administrator Jared Isaacman and retired Gen. Frank McKenzie join Ed O'Keefe.
NASA Administrator Jared Isaacman outlined the most critical moments he expects in the coming days as Artemis II astronauts continue their journey around the far side of the moon.
Retired Gen. Frank McKenzie, a former commander of U.S. Central Command, outlined takeaways on the search-and-rescue mission for a missing U.S. airman on "Face the Nation," and called it a "hard lesson for Iran."
The following is the full transcript of an interview with retired Gen. Frank McKenzie, former commander of U.S. Central Command, that aired on "Face the Nation with Margaret Brennan" on April 5, 2026.
Every few months for the past three years, Jeff Vierstra has been receiving infusions in his spine that target and disable a mutated gene that made it likely he would develop ALS.
"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. To inquire about possible participation in Silence ALS, an initiative to develop individualized gene-based therapies for patients with other rare genetic forms of ALS, please write to silenceals@cumc.columbia.edu.
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.
U.S. forces mounted an urgent and high-risk rescue effort to find an airman who was forced to eject from a downed F-15E fighter jet over Iran.
Three people, including a 10-month-old girl, were killed Sunday when high winds toppled a tree during an Easter egg hunt, German police said.
Archaeologists, residents and government officials talk about how uncovering and preserving centuries-old sites and artifacts in Israel and the West Bank also serves to highlight contemporary disputes over ownership rights, and concerns about history being erased.
British Prime Minister Keir Starmer said he was concerned about Kanye West's planned appearances at a London festival, given the rapper's past antisemitic remarks.
For hundreds of years, St. Peter's Basilica has been adorned by mosaics – millions of tiny colored tiles melted and fashioned into astonishing art – created using tools and techniques dating back centuries.
"Beverly Hills, 90210" actress Tori Spelling was involved in a two-car crash in Temecula on Thursday night, according to her manager and Riverside County Sheriff's Office officials.
Hosted by Jane Pauley. Featured: The Vatican's Mosaic Studio; a fight over history at West Bank archaeological sites; Dan Levy on his new series "Big Mistakes"; the creative talents behind "Hacks"; the latest on the Artemis II lunar mission; the works of Renaissance artist Raphael; and the beauty of moss.
One of the greatest artists of the Italian Renaissance is now the subject of the first comprehensive exhibition of his work ever in the United States, at the Metropolitan Museum of Art in New York City.
In this web exclusive, Jean Smart, the Emmy-winning star of "Hacks," talks with correspondent Tracy Smith about filming the final season of her HBO series.
The Emmy-winning HBO comedy "Hacks," about the travails of comedian Deborah Vance and her writer, Ava, is launching its fifth and final season. Correspondent Tracy Smith talks with stars Jean Smart and Hannah Einbinder about saying goodbye to roles that were a match made in comedy heaven. Smith also talks with the show's co-creators: Jen Statsky, Paul W. Downs and Lucia Aniello (who describes directing one episode while in labor).
According to numbers from U.S. Citizenship and Immigration Services, more than 70% of H-1B visa holders in 2024 were Indian.
"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."
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.
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.
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.
On Monday, the astronauts aboard the Artemis II spacecraft will loop around the Moon's far side, part of a mission pushing human beings farther from Earth than anyone has ever been. Correspondent Mark Strassmann talked with commander Reid Wiseman, pilot Victor Glover, and mission specialists Christina Koch and Jeremy Hansen as the crew was about 180,000 miles from home, preparing for their historic lunar flyby.
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.
When Harold Allen died suddenly in his home in Freetown, Indiana, no one suspected anything out of the ordinary. Nine months later, a burglary at his home would lead to a murder investigation and an unusual weapon.
After Dee Warner, a Michigan businesswoman and mother, disappeared from her home, her family believed she has been murdered and suspected her husband Dale Warner. But without physical evidence, they knew it would be hard to prove.
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.
The NASA astronauts also sent down Easter messages Sunday while gearing up for a historic pass behind the moon Monday.
The crew of NASA's Artemis II mission captured a new image of the far side of the moon, which the agency released Sunday.
Amid ongoing toilet trouble, the Artemis II astronauts reflected on the wonder of sailing through deep space to the moon.
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.
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, a report on patients, cut off from health care, getting help. Then, the state of high-speed rail in the U.S. And, a look at the Mardi Gras Indians keeping tradition alive.
Latest details on daring mission to rescue U.S. airman from Iran after fighter jet shot down; Trump sends profanity-laden threat to Iran.
For Easter Sunday, Barry Petersen shows how gospel music, with roots among America's enslaved, is now ministering to the hearts of people in Paris.
The war with Iran is spiking jet fuel prices, prompting airlines around the world to charge more. Shanelle Kaul reports.
NASA's Artemis II will loop around the moon's far side Monday night, setting a new distance record from Earth. In the lead-up, the crew has been taking in breathtaking sights from space. Mark Strassmann has more.