Record number of emergency 401(k) withdrawals
A record number of Americans are tapping into their retirement savings, years ahead of schedule. CBS News MoneyWatch reporter Megan Cerullo has more.
401k
Record share of Americans are tapping 401(k)s for hardship withdrawals
More Americans are digging into their retirement savings for emergency expenses, research from Vanguard shows.
Trump pitches match for retirement plans
President Trump's State of the Union address included mentions of a $1,000 match for some retirement plans and more on the administration's economic policies. CBS News' Jill Schlesinger breaks down the remarks.
How tech stocks could impact global economy
Tech giant Nvidia is set to report its earnings following a historic trillion-dollar valuation. Henry Curr, the economics editor for The Economist, joins to break down how tech stocks could impact global markets.
The IRS is raising your 401(k) and IRA contribution limits for 2026
The IRS is increasing the contribution limits for retirement accounts in 2026, boosting the top threshold to account for inflation.
Americans are living longer, but lack proper planning, study finds
The U.S. population of people over 65 is expected to surge by 40% over the next 25 years, but many aren't prepared for longevity, a new study says.
Americans feel behind on retirement savings
New Bankrate survey data shows some Americans are feeling behind on their retirement savings. Mark Hamrick breaks down the survey's data on "CBS News Mornings."
What to know about Trump's push to open 401(k) to crypto and private equity
President Trump signed an executive order that he says will democratize alternative investments for workers saving for retirement.
New executive order on retirement investments
A new Trump executive order could lead to changes in how Americans invest for retirement through their 401(k) accounts. CBS MoneyWatch correspondent Kelly O'Grady reports.
Should crypto be part of your retirement plan?
A new executive order opens the door for companies to add cryptocurrencies to retirement plans. CBS News business analyst Jill Schlesinger weighs the risks and potential rewards.
Trump opens the door for crypto and private equity in your 401(k) plan
Under a new executive order signed by President Trump, workers could add higher-risk assets like cryptocurrencies to their 401(k)s.
The father of the 401(k)
In 1981, Ted Benna created the first 401(k) plan, which allowed corporations to contribute, tax-free, to workers' retirement accounts. That allowed companies to get out of the pension business, but gave employees more responsibility over their retirement funds. "Sunday Morning" contributor Kelefa Sanneh talks with Benna about how an obscure tax-code provision led to our current financial planning for retirement (and, at a time of precipitous stock market shocks, more angst). [Originally broadcast April 13, 2025.]
What to know about Trump's first 100 days
Tuesday marks the 100th day of President Trump's second term in office. CBS News' Major Garrett, Olivia Rinaldi, Kelly O'Grady and Scott MacFarlane report on how he has reshaped the economy and the government.
Here's the magic number Americans say they need for retirement
Americans have big financial goals for what they think they'll need for a comfortable retirement, a new survey finds.
The birth of the 401(k)
In 1981, Ted Benna created the first 401(k) plan, which allowed corporations to contribute, tax-free, to workers' retirement accounts. That allowed companies to get out of the pension business, but gave employees more responsibility over their retirement funds. "Sunday Morning" contributor Kelefa Sanneh talks with Benna about how an obscure tax-code provision led to our current financial planning for retirement (and, at a time of precipitous stock market shocks, more angst).
Americans ask about Trump's tariffs
CBS News journalists asked Americans around the U.S. about their biggest tariff-related questions. CBS News' Jill Schlesinger and Kelly O'Grady have answers.
Impact of retaliatory tariffs on U.S. economy
President Trump's sweeping global tariffs sent U.S. stocks tumbling for a second straight day, with markets faring even worse Friday. Mark Zandi, chief economist for financial services company Moody's Analytics, joins "America Decides" to discuss.
What Trump's tariffs mean for stockholders
Stocks plunged for a second day on Friday following President Trump's tariff announcement, with the Dow Jones down 2,200 points and the S&P 500 and Nasdaq seeing the worst back-to-back drops since 2020. CBS News' Kelly O'Grady and Fin Gómez have more.
For those in their 40s, planning for retirement should include saving for the unexpected
If you're in your 40s, paying for a child's college should take a back seat to protecting your own savings, financial experts say.
Planning to retire at 65? Most Americans have to stop working earlier.
Most Americans are forced to retire earlier than they had expected, often disrupting their financial planning.
Saving for retirement a challenge for the "sandwich generation"
Many people in their 50s are part of the so-called "sandwich generation" of workers who support both young relatives and aging parents.
The "sandwich generation" and retirement
Many people in their 50s are part of the so-called "sandwich generation" of workers who support both young relatives and aging parents. Roughly 5 million U.S. households fall into this category, and as a result, the sandwich generation faces challenges saving for retirement. Jill Schlesinger explains.
IRS ruling on 401(k) company match
A new Internal Revenue Service ruling on 401(k) company matches could change the way employees apply the contributions made by their employers. CBS News senior business and technology correspondent Jo Ling Kent has more.
Changing jobs? Some 401(k) tips
When changing jobs, there are a couple of choices you can make with your 401(k) plan. CBS News business analyst Jill Schlesinger breaks down the options to consider.
Gen Xers are nearing retirement. About half say they need a miracle.
Older Gen Xers are turning 59 ½ this month, when they can withdraw retirement assets without a penalty. But many don't have enough saved.
John Phelan out as Navy secretary in latest high-profile Trump admin. departure
Navy Secretary John Phelan is leaving his role effective immediately, chief Pentagon spokesman Sean Parnell said Wednesday.
Live
Iran attacks ships in Strait of Hormuz after Trump extends ceasefire
Iran renews attacks in the Strait of Hormuz after Trump says he's extending a ceasefire indefinitely, as thousands more U.S. forces head for the region.
Judge blocks Virginia from using new House maps, 1 day after redistricting vote
A state court judge on Wednesday blocked Virginia from moving forward with a redistricting effort that passed a day earlier, a roadblock in Democrats' efforts to redraw the state's congressional maps.
Senate begins "vote-a-rama" as GOP moves forward with funding ICE without Democrats
The Senate began what's expected to be a marathon vote series, as Republicans move ahead with a plan to fund immigration agencies under the Department of Homeland Security without help from Democrats.
Trump administration reaches $1.25 million settlement with Carter Page
The FBI obtained four warrants under FISA to monitor Carter Page, who served as an informal adviser to President Trump during his 2016 campaign.
Exclusive
Family "is heartbroken" to learn soldier's wife won't be released by ICE after all
The wife of Sgt. First Class Jose Serrano is being held at an ICE detention center in El Paso.
"A breaking point": Inside the 68-day DHS shutdown
In a department built to respond to catastrophic threats, employees have been reduced to bartering for office supplies.
"Let the pope have his say": Pennsylvania Catholics caught between Trump and Pope Leo
In a key Pennsylvania county, many Catholic voters are closely watching the Iran war and President Trump's feud with Pope Leo XIV.
All U.S. attorney's offices must assign a prosecutor to new fraud division: Memo
In the memo, Assistant Attorney General Colin McDonald said detailing a prosecutor from each U.S. attorney's office is aimed to help "execute a nationwide strategy to eliminate fraud in every district."
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Compare the candidates for California governor, side by side, on the issues that matter to you
Compare the candidates for California governor with the CBS News California Investigates Side-by-Side Candidate Guide.
Remains found of 3 Memphis children may have been there for years, police say
Memphis authorities say they are investigating the discovery of remains of three children, believed to be between 3 and 7 years of age, that could have been there for years.
All U.S. attorney's offices must assign a prosecutor to new fraud division: Memo
In the memo, Assistant Attorney General Colin McDonald said detailing a prosecutor from each U.S. attorney's office is aimed to help "execute a nationwide strategy to eliminate fraud in every district."
Two home explosions on same San Antonio block injure 5
Five people were injured when explosions occurred several hours apart at two homes on the same block of a north San Antonio neighborhood.
"A breaking point": Inside the 68-day DHS shutdown
In a department built to respond to catastrophic threats, employees have been reduced to bartering for office supplies.
MoneyWatch
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Rents around the U.S. are growing more slowly than they have in years
The cost of renting a home, which surged during the pandemic, is showing signs of returning to earth, new data shows.
Crypto mogul sues Trump family's World Liberty Financial, alleging fraud
Sun alleges that World Liberty Financial froze the digital tokens he had purchased, locking him out of assets worth as much as $1 billion.
Anthropic investigating possible breach of its Mythos AI model
The AI company behind the chatbot Claude is looking into a report of unauthorized access to Mythos from one of its third-party vendor environments.
Trump Media replaces CEO Devin Nunes as its losses top $1 billion
The company behind Truth Social has lost more than $1 billion since going public two years ago, while its shares have tumbled 58% during the past 12 months.
Condom maker warns prices may rise due to Iran war supply disruptions
Karex, which calls itself the "world's largest condom maker," could hike the company's prices by 20% to 30%, its CEO told Reuters.
Politics
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Senate begins "vote-a-rama" as GOP moves forward with funding ICE without Democrats
The Senate began what's expected to be a marathon vote series, as Republicans move ahead with a plan to fund immigration agencies under the Department of Homeland Security without help from Democrats.
All U.S. attorney's offices must assign a prosecutor to new fraud division: Memo
In the memo, Assistant Attorney General Colin McDonald said detailing a prosecutor from each U.S. attorney's office is aimed to help "execute a nationwide strategy to eliminate fraud in every district."
Judge blocks Virginia from using new House maps, 1 day after redistricting vote
A state court judge on Wednesday blocked Virginia from moving forward with a redistricting effort that passed a day earlier, a roadblock in Democrats' efforts to redraw the state's congressional maps.
"A breaking point": Inside the 68-day DHS shutdown
In a department built to respond to catastrophic threats, employees have been reduced to bartering for office supplies.
Senate defeats Democrats' 5th attempt to limit Trump's war powers in Iran
The Senate rejected another attempt to rein in President Trump's ability to use further military force against Iran, marking Democrats' fifth effort to do so since the war began eight weeks ago.
HealthWatch
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Medigap premiums leap, and consumers have few alternatives
Millions of people rely on the supplemental insurance to offset the deductibles, copayments, and other costs faced by enrollees in the traditional Medicare program.
Food stamp work rules don't increase employment, researchers say
Work requirements will encourage people who are able to work to seek and maintain jobs, proponents say. But researchers haven't found that they lower the unemployment rate.
New CDC pick may face "threat to follow ideology over evidence," ex-official says
Former Trump Surgeon General Dr. Jerome Adams described Dr. Erica Schwartz as a "home run pick."
Trump signs executive order to research psychedelics for mental health
The order will open the door for more research into psychedelic drugs, including ibogaine, sources told CBS News earlier this week.
Mom's labor turns into fight for life after 1 symptom: "I think I'm about to die"
Casey Gould wanted to be a mom her whole life. Her long-awaited pregnancy went smoothly — until she saw something alarming.
World
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Hungary drops veto, clearing path for $106 billion EU loan to Ukraine
The move may signal a more constructive relationship between Ukraine and the European Union following the ouster of Hungarian Prime Minister Viktor Orbán earlier this month.
Mexico weighs action after CIA agents die in crash following drug lab raid
Mexican President Claudia Sheinbaum said the government is still investigating a potential violation of national security laws in the incident.
Spain's undocumented migrant amnesty draws big lines, and a big backlash
As thousands of undocumented migrants line up to apply for amnesty under a new program in Spain, the prime minister's opponents vow a fight.
Iran's military more capable than Trump admin. is acknowledging, sources say
About half of Iran's stockpile of ballistic missiles and its associated launch systems were still intact as of the start of the ceasefire in early April, officials said.
1 of 6 missing crew found dead after typhoon flipped U.S.-flagged ship
The crew of the Mariana notified the U.S. Coast Guard on April 15 that the 145-foot vessel lost its starboard engine during Super Typhoon Sinlaku.
Entertainment
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Entertainment
DiCaprio speaks at 2016 Paris Agreement signing
On April 22, 2016, the U.N. held a signing ceremony for the Paris Agreement, an international treaty aimed at curbing climate change, featuring several speakers from various nations, including actor and environmental activist Leonardo DiCaprio. Watch his full speech from the event.
Donnie Wahlberg talks "Boston Blue" success
Donnie Wahlberg talks about starring in the series "Boston Blue" and the emotional moments he shared with the cast members when he revealed the show was being renewed for a second season. He also discusses if his wife, Jenny McCarthy, could make an appearance on the show.
Vinyl record sales continue resurgence
New data shows interest in vinyl records is only getting stronger, with social media and and special releases from artists like Taylor Swift helping drive the trend. Jarred Hill has more.
Opening statements in Weinstein rape retrial
Opening statements have concluded in Harvey Weinstein's New York rape retrial. CBS News' Jericka Duncan has more.
D4vd charged with murder in14-year-old's death
Singer D4vd appeared in court Monday, hours after prosecutors announced he would be charged with first-degree murder in the death of 14-year-old Celeste Rivas Hernandez. Matt Gutman reports.
Technology
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Technology
How to dispose of e-waste this Earth Day
Tuesday marks Earth Day, and if you have any unused devices at home, there are green ways to dispose of them. CNET senior technology reporter Abrar Al-Heeti joins CBS News to discuss.
Meta to track workers' computer use to train AI
Business Insider got a look at an email Meta, the parent company of Facebook, sent to all employees, letting them know that it would start tracking their interactions with their computers to train the company's artificial intelligence. Business Insider tech correspondent Charles Rollet joins to discuss.
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.
Trump Media replaces CEO Devin Nunes as its losses top $1 billion
The company behind Truth Social has lost more than $1 billion since going public two years ago, while its shares have tumbled 58% during the past 12 months.
Duffy on AI replacing air traffic controllers: "That's not gonna happen"
"Am I gonna replace a controller and have AI manage the airspace? The answer to that is hell no, that's not gonna happen," Transportation Secretary Sean Duffy told CBS News.
Science
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Salmon exposed to cocaine swim almost twice as far, study shows
Researchers studied how the drug affected the movements of wild fish in their natural habitats.
Mars rover carries out chemistry experiment never done beyond Earth
"This experiment's never been run before on another world," said Amy Williams, an astrobiologist working on the Curiosity mission.
Cementing a more sustainable alternative to concrete
The process of making 30 billion tons of concrete every year produces more carbon pollution than all the world's ships and planes put together. Now, the North Carolina and Denmark-based Biomason is using biotechnology, including naturally-occurring microbes, to create "biocement" that's just as sturdy but emits much less CO2. David Pogue reports.
Breeding a better bread
Over the past century, the cultivation and processing of wheat has led to strains of grain that are less nutritious, less flavorful, and more vulnerable to climate change. The researchers at Breadlab, at Washington State University, are trying to breed varieties of whole grains that are better for farmers, consumers – and taste buds. David Pogue reports.
Using the ocean to power data centers
The renewable energy company Panthalassa says it has a solution to the proliferation of AI data centers, which consume massive amounts of energy and are the cause of increased carbon pollution: sea-based data centers, powered by wave energy.
Crime
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Remains found of 3 Memphis children may have been there for years, police say
Memphis authorities say they are investigating the discovery of remains of three children, believed to be between 3 and 7 years of age, that could have been there for years.
Parents of slain Loyola freshman speak out
The parents of Sheridan Gorman, the Loyola University student who police say was gunned down last month by an undocumented immigrant, spoke out for the first time with CBS News' Matt Gutman.
Car crashes into Philadelphia police station
Surveillance video shows the moment a car came crashing through a police station in Philadelphia. Five people were taken to the hospital and police say they believe the incident was intentional. Shanelle Kaul reports.
OpenAI, ChatGPT under investigation
OpenAI and ChatGPT are under investigation by Florida officials after a deadly shooting last year at Florida State University. Prosecutors allege the AI bot offered "significant advice" to the suspect just days before the shooting. OpenAI says its chatbot is not responsible. Jo Ling Kent reports.
Man charged for having gun used by Louisiana shooter says it was stolen
The assault-style rifle used to kill eight children in a Louisiana mass shooting was stolen from a truck, the gun's previous owner said.
Space
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Mars rover carries out chemistry experiment never done beyond Earth
"This experiment's never been run before on another world," said Amy Williams, an astrobiologist working on the Curiosity mission.
Blue Origin New Glenn rocket puts satellite payload into wrong orbit
The launching appeared to go off without a hitch, but a problem prevented the rocket's upper stage from putting its payload into the correct orbit.
Artemis II crew on historic moon mission and what it means for Earth
"We are carrying back everything we learned, not only about where we went but ourselves," mission specialist Christina Koch told "CBS Evening News" anchor Tony Dokoupil.
Artemis II astronauts still awed by moonshot experience: "It was otherworldly"
The four Artemis II astronauts struggled to describe the view and overall experience of flying around the moon's far side and witnessing a solar eclipse in deep space.
"God of chaos" asteroid will pass close to Earth in 3 years, NASA says
People on the ground in the Eastern Hemisphere will be able to observe the asteroid with their own eyes, weather permitting, according to NASA.
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.
Evidence in the Barbara Kendhammer case
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
The life & near death of prizefighter Christy Salters-Martin
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
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
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Latest CBS News Videos
4/22: CBS Evening News
Georgia streets reduced to ashes amid massive wildfires; Trump administration considers bailout for Spirit Airlines.
Reporter goes viral for her wicked accent
One reporter in Boston is the internet's favorite new source because of her wicked cool accent. Boston Globe reporter Emily Sweeney joins "The Daily Report" to discuss going viral.
Southern Poverty Law Center charges explained
The Justice Department is bringing nearly a dozen charges against the Southern Poverty Law Center, including fraud. CBS News legal contributor Jessica Levinson breaks down the charges.
Kalshi suspends candidates for insider trading
Prediction market site Kalshi has fined and suspended three political candidates from its site for "political insider trading." CBS News senior business and tech correspondent Jo Ling Kent has more details.
Inmates raising service dogs as rehabilitation
The Prison Policy Initiative says 96% of incarcerated people will one day return to their communities. That's why California's system is leaning into rehabilitation. CBS News Bay Area's Max Darrow goes inside a facility where one of the methods involves puppies.