How to Ruin Your Retirement Plans by Day Trading
If you're thinking of becoming a trader instead of a buy and hold investor, you're playing a game that may cost you more than you ever imagined. Just remember, you've been warned.
Retirement
Is It Time to Refinance? Better Run the Numbers
Low mortgage rates offer good opportunties to refinance, but you have to run all the numbers because the rate is only part of the cost of the loan.
Reduce Your 401(k) Fees and Improve Your Retirement
High 401(k) fees can hamper your ability to retire. A quick email to your employer could get the ball rolling on lowering fees in your plan.
Diversify Your Taxes For Retirement
Diversifying the tax structure of your investment accounts will help you deal with changing tax laws and lower your income tax rate in retirement.
Are You Healthy Enough For Retirement?
When preparing for retirement, you need to prepare to stay healthy. Having money is nice. But if are in poor health, you may not be able to enjoy it.
Immediate Annuities
How do I make sure I don't outlive my money? If you're looking for a source of retirement income you can't outlive, consider a type of insurance policy called an immediate fixed annuity. You purchase one with a lump-sum payment, and in return you get a promised amount of money at regular interval...
Keeping Both Greed and Fear in Check In Retirement Planning
The main reason most people fail to reach their long term financial goals is because they won't follow good advice.
A Sure-Fire Way to Boost Your Net Worth
There is one way to improve your net worth and guarantee a good return on your money: pay down debt.
Gold May Not Protect You From Inflation
If you think gold is a sure fire defense against inflation, think again. Be skeptical of those spinning stories about gold and its supposed mystical wealth preservation powers.
Immediate Annuities: Security or Snake Oil?
The benefit of an immediate annuity is that it provides you with a guaranteed income for life. That sounds nice, but in exchange for this guarantee, you must give up a lot.
The Last Decade's Market Winners
Standard & Poor's just updated their 10 year return figures for the stock market, and not everything was as bad as you have heard.
Beyond Crystal Balls: Retirement Strategies That Work
The media may be obsessed with market gurus who "saw" this crisis coming, but don't waste your time trying to predict the future of the financial markets. Because you can't, and trying can cause real damage to your long-range investment plans.
The Wild Ride to Retirement Security
Investing for retirement can be a wild ride, but enduring these difficult cycles is part of the struggle to build financial independence.
Don't Obsess About Your 401(k) Value
Don't worry about how much you are worth on a day-to-day basis. As long as you are balanced, diversified and saving adequately, you are moving down the path to a healthy retirement.
The Safe Haven in Your 401(k)
At least until recently, just about every investment in your 401(k) has let you down amid the wholesale market meltdown — except one. Stable value funds have lived up to their name so far. But just so you know, they aren't risk-free. So, trust but verify... Until stocks turned around a few weeks ago, just about every investment in your 401(k) had let you down — except one. The so-called stable value fund has continued to deliver on its promise to combine the safety of a money market fund with the higher
Live
U.S. strikes Iran after Trump accuses Tehran of "foolish violation" of ceasefire
The U.S. carried out retaliatory strikes against Iran on Friday after Iranian forces hit a cargo vessel in the Strait of Hormuz a day earlier.
Race to find survivors as Venezuela's earthquake death toll soars
The twin earthquakes that hit Venezuela killed more than 900 people, and that toll is likely to keep rising as frantic rescue and recovery operations ramp up.
Minnesota fraud suspect arrested in Somalia after 4 years on the run, officials say
Abdikerm Eidleh, accused of playing a key role in the Feeding Our Future fraud scheme, was arrested in Somalia after more than four years, federal officials said.
Buttigieg targeted by fake report to child protective services
Michigan State Police said law enforcement and Child Protective Services confirmed a report against Pete Buttigieg was unsubstantiated and false.
Appeals court upholds Harvey Weinstein's California rape conviction
A California appeals court has upheld Harvey Weinstein's 2022 rape and sexual assault conviction.
Texas board approves adding Bible stories to required reading for public school students
The reading list will take effect starting in 2030.
Judge in Charlie Kirk murder case finds prosecutor in contempt
The defense team for Tyler Robinson asked that the death penalty be taken off the table following public comments by prosecutors.
Utah declares emergency, limits fireworks as crews battle largest U.S. wildfire
Utah is restricting fireworks as the largest wildfire in the nation grows, fueled by dry conditions and gusting winds.
How much water does AI really use?
The heaviest demand on America's water supply isn't data centers or AI. It's from everyday uses such as growing food, watering lawns and flushing toilets.
U.S.
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Utah declares emergency, limits fireworks as crews battle largest U.S. wildfire
Utah is restricting fireworks as the largest wildfire in the nation grows, fueled by dry conditions and gusting winds.
Nurse who went above and beyond gets special send-off: "You're an angel"
Wynola Wayne received a special retirement send-off after 58 years as a nurse. One former patient, Marco Houpe, said, "If it wasn't for her then, I wouldn't be here today."
Video shows Boeing 777 making very low pass over Texas airfield
Data from FlightRadar24 showed the plane was no more than 25 feet above the ground during the low pass as it approached the Horseshoe Bay Resort Jet Center airport.
Appeals court upholds Harvey Weinstein's California rape conviction
A California appeals court has upheld Harvey Weinstein's 2022 rape and sexual assault conviction.
Buttigieg targeted by fake report to child protective services
Michigan State Police said law enforcement and Child Protective Services confirmed a report against Pete Buttigieg was unsubstantiated and false.
MoneyWatch
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Gadget prices have fallen for decades. Then AI happened.
The race to build AI data centers is leading to a global shortage of memory chips, driving up the cost of personal electronics.
Trump vows immediate 100% tariff if countries levy digital services tax
Countries that tax U.S. companies offering digital products and services would immediately face a 100% tariff on their exports to the U.S., President Trump said.
Nude portrait by Amedeo Modigliani sets record at auction
The Modigliani painting "Nu assis au collier" (Seated Nude Wearing a Necklace) sold for $63.9 million, the highest price achieved for a work by the artist sold at auction in Europe, Sotheby's said.
Apple and Microsoft are raising their prices as chip costs soar
Apple is raising the prices of some MacBooks and iPads, while Microsoft is raising Xbox prices as semiconductor costs surge.
Big Tech is spending trillions on AI. Investors want proof it'll pay off.
Technology companies are betting trillions of dollars that consumers will open their wallets for AI services. But what if Big Tech is wrong?
Politics
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Buttigieg targeted by fake report to child protective services
Michigan State Police said law enforcement and Child Protective Services confirmed a report against Pete Buttigieg was unsubstantiated and false.
U.S. strikes targets in Iran after drone attack on cargo ship
The U.S. military says it hit Iranian targets over Iran's drone attack on a commercial vessel in the Strait of Hormuz, marking the first American strikes on Iran since the two countries formally agreed to extend a ceasefire last week.
Trump vows immediate 100% tariff if countries levy digital services tax
Countries that tax U.S. companies offering digital products and services would immediately face a 100% tariff on their exports to the U.S., President Trump said.
Epstein's assistant grilled by lawmakers over Amex travel booked for women or girls
U.S. lawmakers recently grilled Jeffrey Epstein's longtime assistant Lesley Groff about Epstein's use of American Express to book travel for multiple women or girls.
"Regime Change" authors on Trump's "information bubble" and use of power
In "Regime Change, Inside the Imperial Presidency of Donald Trump," Maggie Haberman and Jonathan Swan describe his fundamentally different approach to running the country.
HealthWatch
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Internal emails show how RFK Jr.'s team sought to sway the CDC
A trove of emails offers a new look at how the Centers for Disease Control and Prevention navigated some of the most controversial decisions of President Trump's second term.
Chris Evert announces her ovarian cancer has returned
American tennis legend Chris Evert announced that her ovarian cancer had returned in a social media post Thursday.
Democrats to propose bill capping out-of-pocket Medicare costs for enrollees
Some Senate Democrats want to cap the amount beneficiaries in traditional Medicare have to pay toward care, but the move is expected to draw GOP opposition for potentially adding billions to Medicare costs.
Medicare's AI push snarls patients and doctors in errors and delays
Medicare is testing the use of artificial intelligence to preapprove several healthcare services.
Confirmed Ebola cases in Congo top 1,000, deaths surpass 250, officials say
Confirmed Ebola cases in the outbreak in eastern Congo have reached 1,003, including 254 deaths, officials said, and tracing those who've been in contact with patients remains a major challenge.
World
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U.S. strikes targets in Iran after drone attack on cargo ship
The U.S. military says it hit Iranian targets over Iran's drone attack on a commercial vessel in the Strait of Hormuz, marking the first American strikes on Iran since the two countries formally agreed to extend a ceasefire last week.
Convicted rapist who faked death and fled U.S. has died
Nicholas Rossi, 38, was serving at least 10 years in prison in Utah following his convictions in 2025 in two sexual assault cases.
4 people convicted over insecticide deaths of tourist family at hotel
Investigators initially suspected food poisoning, but that was quickly dismissed after Turkish media reported that their hotel was dealing with a bedbug infestation.
Ukraine launches huge drone attack on Russia and occupied Crimea
President Volodymyr Zelenskyy says Ukraine will ramp up attacks on Russia in an operation "aimed at compelling it to end the war."
AI helps decode new secrets from scrolls burned by Mount Vesuvius
An 18th-century archaeological dig uncovered a library of intact but charred scrolls. Their contents have been unreadable until recently.
Entertainment
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Appeals court upholds Harvey Weinstein's California rape conviction
A California appeals court has upheld Harvey Weinstein's 2022 rape and sexual assault conviction.
Essential American songs of last 250 years
For the United States' 250th birthday, Sunday Morning asked dozens of notable Americans, from Jason Alexander and Ken Burns to Misty Copeland, what they considered to be our country's essential songs. This is the Essential American Songbook: 90 contributors and 250 songs. Here's a sample.
Comedian Druski to make history at BET Awards
Comedian and entertainer Druski will host the BET Awards on Sunday. At 31, he's the youngest host in the show's history. He gave "CBS Mornings" co-host Nate Burleson a preview of what to expect.
William Holden, Joseph Cotten mark bicentennial
In the lead-up to America's bicentennial in 1976, CBS aired brief segments featuring well-known figures of the time describing moments from early U.S. history. CBS News chief Washington correspondent Major Garrett introduces clips featuring legendary actors William Holden and Joseph Cotten.
New NYT reporting on Taylor Swift's wedding
The New York Times is reporting that Taylor Swift and Travis Kelce might tie the knot at Madison Square Garden. She has reportedly booked out the arena for the Fourth of July weekend, the rumored wedding date.
Technology
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Technology
California creates AI job trend tracker
California now has the nation's first dashboard to publicly track artificial intelligence-related job trends, ones created and ones lost. As of now, early findings show no evidence of rising statewide unemployment from jobs exposed to AI. Till von Wachter, a faculty director of the California Policy Lab at UCLA, joins "The Takeout" to discuss.
Gadget prices have fallen for decades. Then AI happened.
The race to build AI data centers is leading to a global shortage of memory chips, driving up the cost of personal electronics.
How AI powered robots are helping small farms
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.
Apple, Microsoft announce price hikes
Apple and Microsoft announced they're hiking prices for some electronic products, including computers and XBOX consoles, citing a shortage of memory chips. CNET editor-at-large Scott Stein weighs in.
How much water does AI really use?
The heaviest demand on America's water supply isn't data centers or AI. It's from everyday uses such as growing food, watering lawns and flushing toilets.
Science
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Astronomers find 2 gigantic planets lighter than cotton candy
The featherweight pair — orbiting a star 1,110 light-years away — are the biggest exoplanets found to have less density than cotton candy.
Ancient Egyptian burial site reveals centuries of changing traditions
Human and animal remains unearthed in Egypt's Nile Delta reveal changing funerary practices over some 600 years, and the evolution of a key site itself.
Telescope snaps most detailed photo yet of Milky Way's heart
Euclid is on a mission to chart one-third of the sky in the hopes of shedding light on the enduring mysteries of dark matter and dark energy.
Interstellar comet may be oldest object ever seen in solar system
Exactly where the comet 3I/ATLAS came from within the Milky Way remains a mystery.
6/21: Sunday Morning
Hosted by Lee Cowan. Featured: Birthright citizenship; the Theodore Roosevelt Presidential Library unveiled; Shooter Jennings releases recordings by his father, Waylon Jennings; comedian John Mulaney; childhood obesity; and the secrets of seahorses and seadragons.
Crime
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Crime
Billionaire Leon Black testifies on Epstein
Billionaire Leon Black testified before the House Oversight Committee on Friday. After Black ended the interview, the committee issued two subpoenas. Democratic Rep. Suhas Subramanyam of Virginia, a member of the House Oversight Committee, joins "The Takeout" to discuss this and the U.S. strike on Iran.
Minnesota fraud suspect arrested in Somalia after 4 years on the run, officials say
Abdikerm Eidleh, accused of playing a key role in the Feeding Our Future fraud scheme, was arrested in Somalia after more than four years, federal officials said.
Mistrial ruled in Palisades Fire arson case
A judge declared a mistrial in the case against a man accused of starting a fire that grew into the deadly 2025 Palisades Fire. The jury was deadlocked during deliberations. CBS News Los Angeles has more.
Convicted rapist who faked death and fled U.S. has died
Nicholas Rossi, 38, was serving at least 10 years in prison in Utah following his convictions in 2025 in two sexual assault cases.
Judge in Charlie Kirk murder case finds prosecutor in contempt
The defense team for Tyler Robinson asked that the death penalty be taken off the table following public comments by prosecutors.
Space
More Space
Astronomers find 2 gigantic planets lighter than cotton candy
The featherweight pair — orbiting a star 1,110 light-years away — are the biggest exoplanets found to have less density than cotton candy.
Telescope snaps most detailed photo yet of Milky Way's heart
Euclid is on a mission to chart one-third of the sky in the hopes of shedding light on the enduring mysteries of dark matter and dark energy.
Interstellar comet may be oldest object ever seen in solar system
Exactly where the comet 3I/ATLAS came from within the Milky Way remains a mystery.
Researchers find "Pink Planet" has salty clouds: "We were very surprised"
The "Pink Planet," formally known as GJ504b, was discovered in 2013 and is technically not a planet but rather a "planetary-mass companion."
NASA chief defends choice of all-male crew for Artemis III mission
NASA's Jared Isaacman says the crew was selected solely based on their experience, expertise and availability for flight assignment.
Latest Galleries
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Celebrations at Obama Presidential Center
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
Notable Deaths in 2026
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Summer music highlights of 2026
Summer is the time to enjoy live music, indoors and out. Scroll through our gallery of some of 2026's leading musical acts, featuring images by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
Timeline: The disappearance of George Smith
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Who is Alix Tichelman?
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Latest CBS News Videos
More Latest CBS News Videos
Latest CBS News Videos
Patients give beloved nurse special send-off
Steve Hartman goes "On the Road" with the story of a beloved nurse who got no ordinary retirement send-off after 58 years on the job.
Escaped giraffe spotted near Texas ranch
After spending two weeks on the loose, a giraffe named Gracie was spotted Friday just miles from the Texas ranch she escaped in the Texas Hill Country. Mark Strassmann has more.
U.S. loses first 2026 World Cup match to Turkey
The U.S. Men's National Soccer Team suffered its first loss of the 2026 World Cup Thursday night, but will still advance to the knockout round to face Bosnia and Herzegovina on Wednesday. Nicole Valdes has more.
U.S. strikes Iran in response to ship attack
The U.S. struck back at Iran Friday after an Iranian drone attack on a cargo ship Thursday in the Strait of Hormuz. CENTCOM said U.S. aircraft hit Iran's missile and drone storage locations. Nikole Killion reports.
Red flag wildfire alerts issued for 8 states
Red flag wildfire warnings were posted Friday in eight states from the Pacific Northwest to the Desert Southwest, with gusts of dry air creating blowtorch-like conditions. Carter Evans reports.