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A few days ago I wrote that the financial markets are pricing in a substantial likelihood of a recession and a significant 30 percent decline in corporate earnings. If that were to materialize, it would make the current decline in the financial markets look like a small bump in the road.
The recent debt compromise calls for a bi-partisan committee to make recommendations to reduce entitlements. As a result, we'll probably hear more impassioned debates about so-called "raids" by politicians on the Social Security trust fund. Here are two possible fixes for Social Security's financing issues.
I think things will improve. But that doesn't mean folks shouldn't plan for the worst. With this in mind, folks need to buckle up and check the strength of their financial safety nets.
Before you dump your stocks, keep this in mind: it's easy to be hysterical, but better to be historical. Let history be a guide to defining probability and how to invest, not the hysteria in the media.
With all the attention given to the debt downgrade and a possible new recession, it's a good time to review my mother's story to see what we can learn. She just turned 90, has been retired for over 30 years, and during this time, has survived four major meltdowns - and counting. Her story inspired my 10-step plan to recession-proof your retirement years.
Excessive debt is the fastest way to lose control of your personal finances, so don't exceed your personal debt ratio.
The recent debt compromise calls for a bi-partisan committee to make recommendations to Congress by Thanksgiving for reducing entitlements, including Social Security and Medicare. Let's look at recent proposals to change Medicare, to see what this bi-partisan committee might recommend, and what you should do about potential changes.
Will Social Security be there when you retire? I get this question every time I talk with anybody about retirement planning. My answer: Yes! Read here to learn my reasons.
This self-employed mom would like to be putting aside money for retirement, but just can't find any extra cash in her budget. Jill Schlesinger has a simple trick that makes saving easier.
The recent debt compromise calls for a bi-partisan committee to make recommendations to Congress by Thanksgiving for reducing entitlements, including Social Security and Medicare. Let's look at recent proposals to change Social Security, to see what this bi-partisan committee might recommend, and how this might affect your retirement planning.
What does the debt deal mean for your retirement plans.
Generating a lifetime retirement income takes careful planning. Beware of receiving "free" advice from salespeople who may not have your best interests at heart. Read here for an insightful case study.
I've previously written about the potential threat of ruinous long-term care expenses, and my posts are full of strategies -- supported by facts and figures -- that can help you be prepared. But people often need personal stories to really "get it." Read here for some motivation to be prepared.
One of the biggest weaknesses of 401(k) plans is that they allow workers to cash out when they leave their employer or change jobs.
Are we hard-wired to make poor retirement choices? The famous Marshmallow Experiment that measured children's ability to delay gratification gives us fascinating insights into this question, and provides ideas to improve our retirement decision-making. Read here for details.
Gas prices, inflation weigh on Americans. Many see lack of clarity on what's happening in Iran.
Two days of talks in Washington between Lebanon and Israel produced an extension of the current ceasefire by 45 days.
Taiwan's representative to the U.S. Alexander Yui said on Sunday that "we want peace and stability" as Taiwan became among the most closely-watched issues in last week's summit.
The search for the remains of the four Italian divers was suspended Saturday, after a Maldivian military diver died.
At least 80 deaths have been reported in a new Ebola disease outbreak in Congo and Uganda, authorities said.
Russian defenses shot down 81 drones headed for Moscow overnight, state agency Tass reported, citing Sobyanin.
Incumbent GOP Sen. Bill Cassidy, who had occasionally broken with the Trump administration, lost his bid for a third term.
Accessory Dwelling Units, or ADUs, are small, fully-functional secondary homes located on the same property as a main home, usually in the backyard, filling a vital need where housing has proved scant or expensive.
Venezuela's government says it has deported a close ally of Nicolás Maduro to face judicial proceedings in the U.S. less than three years he was pardoned by President Joe Biden.
Ronda Rousey used her signature armbar to stop Gina Carano just 17 seconds into a comeback bout between the two MMA fighters.
Taiwan's representative to the U.S. Alexander Yui said on Sunday that "we want peace and stability" as Taiwan became among the most closely-watched issues in last week's summit.
"Sunday Morning" shares the love for three traditional foods in the City of Brotherly Love.
Accessory Dwelling Units, or ADUs, are small, fully-functional secondary homes located on the same property as a main home, usually in the backyard, filling a vital need where housing has proved scant or expensive.
In New Mexico, a man is charged with forgery & larceny – and convicted of putting out a hit on his estranged wife. Twenty-six years earlier, a fire in Monaco kills a billionaire and his private nurse. At the center of that mystery was the very same man — with a different name.
Accessory Dwelling Units, or ADUs, are small, fully-functional secondary homes located on the same property as a main home, usually in the backyard, filling a vital need where housing has proved scant or expensive.
Gas prices, inflation weigh on Americans. Many see lack of clarity on what's happening in Iran.
No injuries have been reported because of the issue, the Food and Drug Administration said.
President Trump's trip to China could bolster economic relations, but failed to deliver a breakthrough deal, some trade and energy experts said.
College grads outearn people without a degree within 15 years, even after paying for tuition, study finds.
Taiwan's representative to the U.S. Alexander Yui said on Sunday that "we want peace and stability" as Taiwan became among the most closely-watched issues in last week's summit.
The following is the transcript of the interview with Ambassador Alexander Yui, Taiwan's representative to the U.S., that aired on "Face the Nation with Margaret Brennan" on May 17, 2026.
The following is the transcript of the interview with former Defense Secretary Robert Gates that aired on "Face the Nation with Margaret Brennan" on May 17, 2026.
The following is the transcript of the interview with U.S. Trade Representative Jamieson Greer that aired on "Face the Nation with Margaret Brennan" on May 17, 2026.
Gas prices, inflation weigh on Americans. Many see lack of clarity on what's happening in Iran.
Genomic analysis showed the virus found aboard the MV Hondius shows no evidence of new characteristics so far.
At least 80 deaths have been reported in a new Ebola disease outbreak in Congo and Uganda, authorities said.
Tommy Bell thought he was in good shape. But a series of heart attacks painted a more complicated picture.
A New York doctor who contracted and survived Ebola more than a decade ago says he is worried for healthcare workers who are at the center of treating the latest outbreak.
Dr. Tracy Beth Høeg, leader of the Food and Drug Administration division responsible for regulating prescription and over-the-counter drugs, is leaving her post, a senior FDA official confirmed.
Taiwan's representative to the U.S. Alexander Yui said on Sunday that "we want peace and stability" as Taiwan became among the most closely-watched issues in last week's summit.
The following is the transcript of the interview with Ambassador Alexander Yui, Taiwan's representative to the U.S., that aired on "Face the Nation with Margaret Brennan" on May 17, 2026.
Researchers in Dublin discovered the oldest surviving English poem in a Roman library.
The following is the transcript of the interview with former Defense Secretary Robert Gates that aired on "Face the Nation with Margaret Brennan" on May 17, 2026.
The following is the transcript of the interview with U.S. Trade Representative Jamieson Greer that aired on "Face the Nation with Margaret Brennan" on May 17, 2026.
Jane Pauley hosts our annual look at design. Featured: Tiny homes in your backyard; Louis Vuitton; Adobe house construction; Finland's Marimekko; domino art; Philadelphia food favorites; chandeliers; Longwood Gardens; rare maps; and director Jon Favreau of "The Mandalorian and Grogu."
Jon Favreau, creator of the "Star Wars" series "The Mandalorian," has now brought the father-son relationship of Pedro Pascal's bounty hunter and his charge "Baby Yoda" to the big screen.
In this web exclusive, Jon Favreau, the creator of the "Star Wars" series "The Mandalorian," and director of the new film "The Mandalorian and Grogu," talks with correspondent Tracy Smith about the myth of "Star Wars," the influences on the story (including Japanese samurai films), and expanding the universe for a new audience. He also talks about working with Robert Downey Jr. on his film "Iron Man," and about cooking, the subject of his 2014 movie, "Chef."
Director Jon Favreau, creator of the "Star Wars" series "The Mandalorian," has now brought Pedro Pascal's bounty hunter and his charge "Baby Yoda" to the big screen. He talks with correspondent Tracy Smith about the handmade feel of the "Star Wars" universe, and how father-son relationships have always been at the heart of the stories set in a galaxy far, far away. He also discusses bringing his improv roots to directing Robert Downey Jr. in "Iron Man."
The French fashion house is today the world's largest luxury brand. "Sunday Morning" talks with artistic director Nicolas Ghesquière, who is shaping the future of Louis Vuitton by designing the unexpected.
For thousands of years, civilizations around the world have built houses out of earth – whether it be mud brick, wattle and dab or rammed earth. But adobe (the practice of making mudbricks) has now become today's "it" building material, from museums around the world designed using adobe, to do-it-yourselfers constructing homes from the very dirt beneath their feet. Correspondent Conor Knighton looks at the history of adobe, and how ancient adobe materials are being merged with 3-D printing techniques.
Atlanta residents say they're waking up to traffic jams of self-driving Waymo vehicles confused by neighborhood signage.
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.
Atlanta residents woke up to Waymo traffic jams on Friday. The driverless cars took over a quiet cul-de-sac. Skyler Henry has more details.
Oklahoma has filed a lawsuit against Roblox, making it the latest state to take legal action against the popular gaming platform over child safety concerns.
The long-necked herbivore is the largest ever found in Southeast Asia, researchers said.
The last time an El Niño pattern occurred was in 2023, when the Eastern Pacific hurricane season produced 20 tropical systems.
NASA's Psyche spacecraft will slingshot past Mars on Friday, on its way toward a rare metal-rich asteroid.
Greater protections for endangered emperor penguins and how to manage growing tourism are topping the agenda at talks on Antarctica in Japan.
The Pentagon released UFO documents on Friday, with President Trump telling the public to "have fun" deciding for itself what is going on. Carter Evans reports.
In New Mexico, a man is charged with forgery & larceny – and convicted of putting out a hit on his estranged wife. Twenty-six years earlier, a fire in Monaco kills a billionaire and his private nurse. At the center of that mystery was the very same man — with a different name.
"Survivor" 48 and 50 contestant Joe Hunter believes his sister Joanna, whose death was ruled a suicide, was murdered. He and their mother are working to be Joanna's voice and advocate for others who have experienced domestic violence.
Mohammad Baqer Saad Dawood Al-Saadi, an Iraqi national, is facing federal charges for his alleged terror plots targeting Jewish institutions around the U.S.
A terror plot targeting Jewish institutions in New York, California and Arizona has been foiled, and a man linked to the alleged scheme is under arrest on Friday. Prosecutors say the Iraqi suspect is tied to other global attacks and claim he wanted payback for the U.S. and Israeli war on Iran. Tom Hanson reports.
An Iraqi national was arrested and charged with planning to carry out several terror attacks in the U.S., including at a New York City synagogue and other prominent Jewish centers in Los Angeles and Scottsdale, Arizona. CBS News' Anna Schecter reports.
The International Space Station-bound SpaceX Cargo Dragon is loaded with 6,500 pounds of needed equipment, research gear and crew supplies.
Researchers expected to find "a gradual increase in artificial light at night," but instead saw "much more nuanced patterns," NASA said.
NASA's Psyche spacecraft will slingshot past Mars on Friday, on its way toward a rare metal-rich asteroid.
NASA's Apollo 17 crew reported seeing three mysterious dots and sparks that resembled fireworks, according to new files released by the Pentagon.
Defense Secretary Pete Hegseth said in a statement that the documents "have long fueled justified speculation — and it's time the American people see it for themselves."
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.
Jane Pauley hosts our annual look at design. Featured: Tiny homes in your backyard; Louis Vuitton; Adobe house construction; Finland's Marimekko; domino art; Philadelphia food favorites; chandeliers; Longwood Gardens; rare maps; and director Jon Favreau of "The Mandalorian and Grogu."
As Chinese state media reported that President Xi Jinping told President Trump there would be "conflicts" if the situation with Taiwan isn't "handled properly," Alexander Yui, Taiwan's representative to the U.S., told "Face the Nation with Margaret Brennan" that Taiwan is "not the ones creating all this trouble" in the region.
U.S. Trade Representative Jamieson Greer told "Face the Nation with Margaret Brennan" that the newly-announced Board of Trade between the U.S. and China will be focused on "non-sensitive goods" such as "sales of agricultural goods to China, energy goods, Boeings, medical devices."
This week on "Face the Nation with Margaret Brennan," as President Trump returns from his trip to China, U.S. Trade Representative Jamieson Greer and Ambassador Alexander Yui, Taiwan's representative to the U.S., join. Plus, Anthony Salvanto has the latest CBS News polling on the economy.
We leave you this Sunday at Chanticleer Garden just outside Philadelphia. Videographer: Jim Zurich.