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.
Retirement
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
The Best Retirement Plans
Has the market bottomed? Who knows? But there's one investing principle that's never in doubt: It always makes sense to grab every penny of tax advantage that Uncle Sam is willing to advance to help you save for retirement. So get acquainted with what is likely to be, in these times, your best...
You Bought, Now You Have to Hold
With the terrible markets of the last year, many are wondering if a buy and hold approach is still the best investment strategy for their retirement money. The answer is yes.
Over 50 and Scared? How to Protect Your Retirement
Being successful over the long term is often a combination of being honest with yourself and making small, but consistently good decisions.
How to Retire Well? Retire Later
MoneyWatch Editorial Director Eric Schurenberg describes one simple way you can save enough money for your retirement: work a little longer.
How to Build Wealth, Even in a Great Depression
Most people assume stock market returns throughout the 1930s were uniformly terrible -- but it isn't true. Only some of the years were terrible, and that fact helps illustrate a key strategy for long-term investors.
Alicia Munnell: 'Now We're Just Going to Have to Suck It Up Longer'
Like it or not, in today's rapidly shrinking economy you're almost certainly going to have to postpone your retirement by a few years. Alicia Munnell, who heads the Center for Retirement Research at Boston College, outlines how to stay in the game as long as you need — and enjoy it... Her message is a bracing dose of tough love: Like it or not, in today's rapidly shrinking economy you're almost certainly going to have to postpone your retirement by a
The Best 401(k)s in the Business
Does your 401(k) suck? (Or is it just you?) Find out by stacking up yours against three outstanding plans, each with particular strengths, offered by three very different companies: IBM, M. A. Mortenson, and Nationwide.
The Best Retirement Plans <br>for the Newly Self-Employed
Work for yourself? Don't mourn that 401(k)! Tax laws allow the self-employed to save a lot more in special retirement savings plans than regular individual retirement accounts. So seize the tax breaks made just for you... It can be tough adjusting to life as an "accidental consultant." On top of missing the paycheck, maybe you mourn the other perks of office work, like Friday morning bagels and water cooler postmortems on American Idol. But don't shed a tear for your 401(k). You can still save plenty of pretax dollars for retirement.
The Ultimate Retirement Fix
Has the market's recent meltdown messed with your retirement plans? Join the club. But there is a solution — and it doesn't involve billion-dollar bailouts or a continued surge in the stock market. The ultimate fix is to work a little longer.Now, we're not talking here about serving lattes for str...
Live
Watch Live: Jack Smith testifies on Trump probes at Senate hearing
Former special counsel Jack Smith is testifying before the Senate Judiciary Committee as part of its investigation into his probes of President Trump.
Exclusive
New text messages from days after alleged gang rape at Cornell University
CBS News New York has exclusively obtained screenshots from a source presented as text messages between Jane Doe and one of the defendants in a lawsuit alleging rape at a fraternity house at Cornell University in 2024.
Attorneys discuss possible retrial date for Lindsay Clancy retrial
Lindsay Clancy was back in a Massachusetts courtroom for the first time since her murder trial ended in a mistrial.
Live
Iran says it expects response to cease-fire plan already rejected by Trump
Trump says U.S. and Iranian negotiators are talking via mediators, but insists he has "offered them NOTHING" to get a peace deal done.
First on CBS
Feds charge Venezuelan man shot by ICE agent with assaulting an officer
Federal prosecutors in Texas have charged a Venezuelan delivery driver who was shot by an ICE agent earlier this month with assaulting a federal officer.
Trump and Rubio question U.K. handling of possible plot against air base
Rubio claims a possible terror plot against a U.K. air base used by U.S. forces "clearly involved" a foreign actor, but there are few facts to support that.
Trump, Johnson to meet with AI execs at White House amid debate over safety
The meeting comes as some industry leaders warn about the risks of rapid AI advancements.
Dutch National Police arrest member of group that claimed to have hacked FBI
About a week ago, the cybercriminal group ShinyHunters claimed it had defaced the FBI's jobs website and bragged that it had stolen data about FBI personnel and job applicants.
Democrat Abdul El-Sayed courts RFK Jr.'s MAHA voters with new health platform
Michigan Democratic Senate candidate Abdul El-Sayed is making a play for Robert F. Kennedy Jr.'s "Make America Healthy Again" supporters with the release Tuesday of a new health policy platform.
U.S.
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New York Times exec dies in California shooting; elderly in-laws accused of murder
An elderly couple in the San Francisco Bay Area is suspected of shooting and killing their son-in-law in the parking lot of a community park over the weekend.
First on CBS
Feds charge Venezuelan man shot by ICE agent with assaulting an officer
Federal prosecutors in Texas have charged a Venezuelan delivery driver who was shot by an ICE agent earlier this month with assaulting a federal officer.
Hurricane Polo will impact the U.S. after slamming Mexico. See its path.
Hurricane Polo is expected to bring heavy rain and flooding to parts of the southwestern United States.
Dutch National Police arrest member of group that claimed to have hacked FBI
About a week ago, the cybercriminal group ShinyHunters claimed it had defaced the FBI's jobs website and bragged that it had stolen data about FBI personnel and job applicants.
Dennis Haskins, who played Mr. Belding on "Saved by the Bell," has died
Dennis Haskins, who played Principal Richard Belding in "Saved By The Bell," has died. He was 75.
MoneyWatch
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U.S. ban on almost $1 billion in Canadian imports takes effect
The United States has banned nearly $1 billion worth of Canadian imports, including alcoholic beverages, dairy products and motorcycles.
OpenAI halts model release over safety concerns: "Didn't quite meet the bar"
OpenAI said it has chosen not to release its new GPT-6.1 Astra model due to concerns about safety, as industry leaders warn of the risks posed by ever-more-powerful AI technology.
Peperoncini product recalled after "pest contaminant" found in jar
California food manufacturer said it is investigating after a consumer posted a video showing a rodent in a jar of the company's peperoncinis.
Holiday airfares soar to 10-year high. Here's how to save on flights.
Airfares for round-trip U.S. flights have jumped 31% compared to the same period last year, and tickets are likely to get pricier, according to a new analysis.
Gas prices could soar if the U.S. bans diesel exports, economists say
President Trump said he is "very seriously" considering a ban on diesel exports. But such a move could drive U.S. gas prices sharply higher, analysts said.
Politics
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First on CBS
Feds charge Venezuelan man shot by ICE agent with assaulting an officer
Federal prosecutors in Texas have charged a Venezuelan delivery driver who was shot by an ICE agent earlier this month with assaulting a federal officer.
Artist whose song is featured in Trump ad sends cease-and-desist order
Attorneys for JMSN say the use of the song is a violation of federal copyright law and demand the ad be withdrawn.
Dutch National Police arrest member of group that claimed to have hacked FBI
About a week ago, the cybercriminal group ShinyHunters claimed it had defaced the FBI's jobs website and bragged that it had stolen data about FBI personnel and job applicants.
CNN, Politico, MS NOW ask court to keep blocking Trump's press ban against them
CNN, MS NOW and Politico journalists, who were banned by Trump from White House grounds this month, asked a federal court to block the press ban until the case is resolved.
Democrat Abdul El-Sayed courts RFK Jr.'s MAHA voters with new health platform
Michigan Democratic Senate candidate Abdul El-Sayed is making a play for Robert F. Kennedy Jr.'s "Make America Healthy Again" supporters with the release Tuesday of a new health policy platform.
HealthWatch
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Severely disabled toddler euthanized in the Netherlands under new rules
Dutch doctors decided to euthanize a child just under the age of 2 under new rules allowing the procedure for children suffering unbearably.
Food safety becomes election issue as major outbreaks, recalls cause concern
Recent outbreaks of foodborne illness and high-profile recalls have made food safety a concern of voters.
Teen's headache reveals family health risk: "Saving people's lives"
Minutes into a run, Caroline McCaffrey was struck with a massive headache. The resulting medical journey would reveal a family risk for a dangerous condition.
Will an FDA crackdown curb access to cheaper GLP-1 weight-loss drugs?
The FDA has warned a major compounding pharmacy that it violated federal law by making copies of blockbuster weight-loss drugs in "inordinate amounts."
Bone health and the "silent disease": 4 things women should know
In the latest episode of "Healthful," Dr. Jocelyn Wittstein, an orthopedic surgeon at Duke University School of Medicine, discusses what women should know about protecting their bones.
World
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Severely disabled toddler euthanized in the Netherlands under new rules
Dutch doctors decided to euthanize a child just under the age of 2 under new rules allowing the procedure for children suffering unbearably.
Trump and Rubio question U.K. handling of possible plot against air base
Rubio claims a possible terror plot against a U.K. air base used by U.S. forces "clearly involved" a foreign actor, but there are few facts to support that.
Search for missing students leads to human remains, 17 suspects
A new analysis of phone calls made on the night of the students' disappearance led to the arrests of 17 new suspects, officials said.
Pope Leo draws massive crowds in France. Is Catholicism making a comeback?
Large crowds in Paris and other parts of France offered a striking welcome for Pope Leo in one of Europe's most secular countries.
Princess Diana's brother says Buckingham Palace "has to gaslight" him
Charles Spencer, the brother of the late Princess Diana, spoke to "CBS Mornings" co-host Gayle King about writing his new book, "Swan Song: Diana, My Sister."
Entertainment
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Entertainment
Author John Grisham on "The French Illusion"
Author John Grisham has published over 50 bestselling books. Now, Grisham is breaking into the spy genre with "The French Illusion," which tells the story of a newlywed couple kidnapped in Paris. Grisham joins "CBS Mornings" with more.
Blu DeTiger is excited for her new album
Emerging musician and DJ Blu DeTiger started on TikTok and moved on to share the stage with Sabrina Carpenter, Sombr and others. She spoke with "CBS Mornings" about her music, including her upcoming album, "N.Y. Baby."
Country star speaks out on AI data centers
Some of country music's biggest stars are speaking out against the surge in development of massive data centers, saying the centers have negative impact on the environment and threaten a quieter way of country living. Brad Paisley, Tanya Tucker, Willie Nelson and Gavin Adcock have all said they're against data center development. Adcock joined "CBS Mornings" to share why he's speaking out now.
Dennis Haskins, who played Mr. Belding on "Saved by the Bell," has died
Dennis Haskins, who played Principal Richard Belding in "Saved By The Bell," has died. He was 75.
Former "American Idol" singer's murder trial moves to closing arguments
A former Ohio music pastor who appeared on the singing competition "American Idol" is on trial over allegations that he killed his wife while having an affair.
Technology
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Technology
Trump launches AI-powered government site
President Trump launched America.gov, a new government website powered by artificial intelligence. This comes as he plans to meet with tech executives over the future of AI. CBS News correspondent Natalie Brand reports.
Trump, Johnson and AI leaders are meeting
President Trump and House Speaker Mike Johnson are meeting with AI leaders to discuss the technology and potential safety guardrails. CBS News' Ed O'Keefe reports.
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.
Country star speaks out on AI data centers
Some of country music's biggest stars are speaking out against the surge in development of massive data centers, saying the centers have negative impact on the environment and threaten a quieter way of country living. Brad Paisley, Tanya Tucker, Willie Nelson and Gavin Adcock have all said they're against data center development. Adcock joined "CBS Mornings" to share why he's speaking out now.
Trump sets high-stakes meeting on AI
President Trump is set to meet with the AI leaders shaping the new technology, as concerns about safety mount and China competes to dominate the market. CBS News' Aaron Navarro reports.
Science
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Science
Neuroscientists grow human brain tissue in mice
Neuroscientists at Stanford University successfully grew human brain tissue inside mice in the hopes of further enabling the development of treatments for brain disorders. Stanford Medicine professor of psychiatry and behavioral sciences Dr. Sergiu Pasca, who led the study, joins CBS News to break down the findings.
New species of wild cat discovered for first time in more than a century
Scientists have discovered a new species of wild cat for the first time in more than a century, a Bolivian researcher says.
Humpback whale seen grieving dead calf in rare footage
The footage shows a female humpback whale staying close to the dead calf as it lies motionless on the seafloor, touching it with its head and fin.
Remains of ancient warhorse given honorific burial discovered in Egypt
Archaeologists say they've discovered the remains of a likely ancient Egyptian warhorse given an honorific burial more than 3,000 years ago.
Anthropic CEO says "exponential" growth of AI is a "warning sign"
Artificial intelligence technology is developing at an "exponential" rate, Anthropic CEO Dario Amodei told CBS News, calling the situation a "warning sign" for the industry that requires serious safeguards.
Crime
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Crime
Jack Smith says that Trump committed crimes
Former special counsel Jack Smith is testifying before the Senate Judiciary Committee about his investigations into President Trump, including the classified documents case. Smith testified that he was not swayed by partisan interests during his investigations. CBS News' Taurean Small reports.
New York Times exec dies in California shooting; elderly in-laws accused of murder
An elderly couple in the San Francisco Bay Area is suspected of shooting and killing their son-in-law in the parking lot of a community park over the weekend.
Lindsay Clancy's lawyer on alleged crimes
Lindsay Clancy's lawyer, Kevin Reddington, is in court for a hearing on a potential new trial against the Massachusetts mother. Reddington suggested during the proceedings that prosecutors did not prove that Clancy actually committed the killings. CBS News' Shanelle Kaul reports.
Jack Smith opening statement before senators
Former special counsel Jack Smith is testifying before the House Judiciary Committee about his investigations into President Trump. Here's his opening statement.
Migrant man died after fleeing ICE agents
A construction worker in Michigan died after crashing his car following a U.S. Immigration and Customs Enforcement pursuit. CBS News' Camilo Montoya-Galvez spoke to the man's family.
Space
More Space
NASA plans Starliner test flight after astronauts got stuck at space station
NASA says it is committed to helping Boeing get its Starliner back in space after multiple upgrades and improvements.
SpaceX launches Starship on giant rocket's first flight to orbit
The Super Heavy-Starship rocket's 14th test flight, the first boosting the upper stage to orbit, marked a major milestone for both SpaceX and NASA.
NASA spacecraft discovers moon crater bigger than Roman Colosseum
Scientists have discovered a crater on the moon that's bigger than the Roman Colosseum, the result of a powerful impact two years ago.
NASA launches its Roman Space Telescope to explore the hidden universe
NASA's Roman Space Telescope launched shortly after daybreak from Kennedy Space Center and blazed toward an observation point 1 million miles away.
Roman Space Telescope promises 300-megapixel views of the cosmos
The $4.3 billion telescope is expected to discover tens of thousands of exoplanets while probing the nature of mysterious dark matter and energy.
Latest Galleries
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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.
Dolly Parton: An extraordinary life in pictures
Dolly Parton, the country music legend who became a feminist icon, has died at the age of 80. Here is a look back at her life in pictures.
Investigating the death of designer Sylvie Cachay
Sylvie Cachay was found dead in an overflowing bathtub at the exclusive Soho House in New York City on Dec. 9, 2010. A water leak at the hotel gave away a timeline that may have revealed her killer.
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.
Photos show 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.
Latest CBS News Videos
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Latest CBS News Videos
Extended interview: Patrick Clancy
Patrick Clancy wrestles with grief and shares memories of his children in his first interview since his ex-wife Lindsay Clancy's murder trial ended without a verdict.
Jack Smith says that Trump committed crimes
Former special counsel Jack Smith is testifying before the Senate Judiciary Committee about his investigations into President Trump, including the classified documents case. Smith testified that he was not swayed by partisan interests during his investigations. CBS News' Taurean Small reports.
Trump launches AI-powered government site
President Trump launched America.gov, a new government website powered by artificial intelligence. This comes as he plans to meet with tech executives over the future of AI. CBS News correspondent Natalie Brand reports.
Senate approves sweeping college sports bill
The Senate approved the "Protect College Sports" bill late Monday night, meant to establish federal framework to regulate aspects of college sports like the transfer portal and name, image and likeness rights. Nikole Killion reports.
Lindsay Clancy's lawyer on alleged crimes
Lindsay Clancy's lawyer, Kevin Reddington, is in court for a hearing on a potential new trial against the Massachusetts mother. Reddington suggested during the proceedings that prosecutors did not prove that Clancy actually committed the killings. CBS News' Shanelle Kaul reports.