How 401(k) fees can cost tens of thousands in retirement savings
About four in 10 workers aren't even aware they pay fees on their 401(k)s, research has found. Here's what to know.
401k
Half of Young Adults Still Live at Home
Half of American adults under 30 are now living with their parents. Is this the new normal, or just a temporary consequence of today's housing market? Regardless, Jill advises young adults living at home to at least offer to chip in financially. Plus, Mark explains why obsessing over minimizing taxes can lead to costly investing mistakes, and Jill shares her thoughts on how friends with different income levels should approach splitting the cost of dinners, vacations, and group outings.
They Left NYC for a $13,000 House in Italy
Cassandra and her husband made headlines after leaving New York City to buy a home in rural Italy for just $13,000. She breaks down what motivated the move, how she's adjusted to life in a tiny mountain town, embraced a lower-cost lifestyle and whether trading the conventional American dream for a simpler life abroad was worth it. Plus, Jill and Mark explain what SpaceX's inclusion in Nasdaq index funds actually means for investors, and why one TikToker's recommended tax loophole is complete nonsense.
SpaceX stock closes up 19% on Day 1 of trading
SpaceX launched onto Wall Street on Friday with the largest initial public offering in history. CBS News MoneyWatch correspondent Kelly O'Grady has the details.
U.S. facing Paraguay in Men's World Cup match
The U.S. Men's National Soccer team will play its first match of the 2026 FIFA World Cup on Friday night, taking on Paraguay in Southern California. CBS News correspondent Nicole Valdes reports from Los Angeles.
Data: More Americans dipping into 401(k) early
A new report from Fidelity shows more Americans are withdrawing from their 401(k)s prematurely. CBS News MoneyWatch correspondent Kelly O'Grady joins with analysis.
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How to choose a retirement plan
There are certain conditions to consider before choosing a retirement plan. CBS News' Jill Schlesinger reports. (Sponsored by AT&T Business)
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.
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.
Missile crisis: The hard truths about America's military arsenal
In the early days of the war against Iran, the U.S. fired off thousands of long-range, precision-guided missiles. Now, with a depleted arsenal, the Pentagon seeks to replenish its stockpiles, an effort that will cost billions and take years.
Anthropic CEO says "exponential" growth of AI is a "warning sign"
"I don't think I fully just appreciated what it would actually be like when the progress was as fast as it was," Anthropic CEO Dario Amodei told CBS News.
CBS News Battleground Tracker poll: Democrats hold edge in bid for House control
Price concerns boost Democrats, and MAGA Republicans are motivated. Both parties are seen negatively, according to CBS News' latest polling.
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Iranian vessel in Hormuz hit, while Houthis expand control of shipping lane
The Iran-backed Houthis expanded their control over the strategy Bab-el-Mandeb strait, as strikes continued in the Strait of Hormuz.
Celine Dion overcomes rare neurological disorder to perform first concert in 6 years
Celine Dion's return to the stage underscored a remarkable comeback after stiff-person syndrome, an incurable condition that causes stiffness and cramps, forced her to cancel shows and cast years of uncertainty over whether she would ever perform again.
Wisconsin Congressman suffers minor injury after lake emergency landing
The congressman thanked the pilot and first responders for coming to their aid, and expressed his gratitude at only having sustained minor injuries.
Search underway for 130 people after Indonesian passenger ship overturns
Indonesian rescuers launched a search operation after authorities lost contact with a passenger ship carrying more than 240 people in the Java Sea.
Former Army secretary praises Ukraine in 1st public appearance since resigning
During his 18 months as Army secretary, Dan Driscoll pushed the U.S. military to apply lessons from the war in Ukraine.
Elena Rybakina wins U.S. Open over defending champ Aryna Sabalenka
Aryna Sabalenka, the two-time defending U.S. Open champion, was dethroned Saturday, losing to Elena Rybakina in three sets.
U.S.
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Ross Fire still burning, with over 90,000 acres scorched
The wildfire, which has torn through Palo Pinto and Jack counties, forced evacuations, closed roads and disrupted schools.
2026 midterm election races to watch
CBS News has identified nine key Senate and 42 House races that will likely decide the majority — all of which can change during the midterm campaign.
Missile crisis: The hard truths about America's military arsenal
In the early days of the war against Iran, the U.S. fired off thousands of long-range, precision-guided missiles. Now, with a depleted arsenal, the Pentagon seeks to replenish its stockpiles, an effort that will cost billions and take years.
Wisconsin Congressman suffers minor injury after lake emergency landing
The congressman thanked the pilot and first responders for coming to their aid, and expressed his gratitude at only having sustained minor injuries.
Deputies respond to trespasser at Malibu home of Kamala Harris
A trespasser was reported at former Vice President Kamala Harris' Malibu, California, home.
MoneyWatch
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Trump admin. to send $500 checks to nearly 1 million ACA enrollees
Affordable Care Act recipients in 30 states are set to receive the $500 checks starting in October. Here's why.
See how your income tax bracket could change for 2027
The adjustment could provide financial relief for taxpayers who find that more of their income is taxed at lower rates, a Bloomberg analysis suggests.
How lower-paid workers are getting their biggest pay raise in years
Some workers are seeing stronger wage growth by switching jobs, while others are "job-hugging" because of AI, research shows.
Fed rate hike likelihood jumps to nearly 90% after hotter CPI report
Investors believe the Fed will raise borrowing costs as it works to tame inflation, which has risen a full percentage point since the Iran war started.
Record-setting cyclospora outbreak is over, U.S. health officials say
The Centers for Disease Control and Prevention said there is no longer a risk of people getting sick with cyclosporiasis from this outbreak and is confident that all related iceberg lettuce is off the market.
Politics
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2026 midterm election races to watch
CBS News has identified nine key Senate and 42 House races that will likely decide the majority — all of which can change during the midterm campaign.
Deputies respond to trespasser at Malibu home of Kamala Harris
A trespasser was reported at former Vice President Kamala Harris' Malibu, California, home.
Former Army secretary praises Ukraine in 1st public appearance since resigning
During his 18 months as Army secretary, Dan Driscoll pushed the U.S. military to apply lessons from the war in Ukraine.
President Trump's childhood home sells after renovation
The president lived at the Tudor-style Queens estate until age 4.
Trump says he would "love" a unified Ireland as he kicks off visit
President Trump's visit to Ireland mixes official talks with Irish leaders and attendance at the Irish Open at a golf course that the president owns.
HealthWatch
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Strange symptom and a "weird" referral led to surprise Stage 4 cancer diagnosis
Kate Ping thought she was just stressed out. A nurse practitioner's surprising recommendation led to a shocking diagnosis.
Trump admin. to send $500 checks to nearly 1 million ACA enrollees
Affordable Care Act recipients in 30 states are set to receive the $500 checks starting in October. Here's why.
Record-setting cyclospora outbreak is over, U.S. health officials say
The Centers for Disease Control and Prevention said there is no longer a risk of people getting sick with cyclosporiasis from this outbreak and is confident that all related iceberg lettuce is off the market.
Coroner releases details on 2 infant deaths in Pennsylvania measles outbreak
Neither infant was old enough to be vaccinated. The first dose of the measles vaccine is typically given at around 1 year of age.
How donating blood could reveal clues about your own health
Amid a national blood supply crisis, Dr. Courtney Lawrence sat down with Norah O'Donnell to talk about donating blood, health myths and more.
World
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Pope Leo commemorates 9/11 attacks, calls for renewed commitment to peace
The Chicago-born pope made his first public comments to commemorate 25 years since the attacks, speaking in English at the end of his traditional Sunday noon blessing.
Search underway for 130 people after Indonesian passenger ship overturns
Indonesian rescuers launched a search operation after authorities lost contact with a passenger ship carrying more than 240 people in the Java Sea.
Celine Dion overcomes rare neurological disorder to perform first concert in 6 years
Celine Dion's return to the stage underscored a remarkable comeback after stiff-person syndrome, an incurable condition that causes stiffness and cramps, forced her to cancel shows and cast years of uncertainty over whether she would ever perform again.
Putin warns Europe against sending troops to Ukraine
Russian President Vladimir Putin warned that sending European troops into Ukraine would amount to direct conflict with Russia.
Former Army secretary praises Ukraine in 1st public appearance since resigning
During his 18 months as Army secretary, Dan Driscoll pushed the U.S. military to apply lessons from the war in Ukraine.
Entertainment
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Entertainment
Almanac: September 13
"Sunday Morning" looks back at historical events on this date.
Celine Dion overcomes rare neurological disorder to perform first concert in 6 years
Celine Dion's return to the stage underscored a remarkable comeback after stiff-person syndrome, an incurable condition that causes stiffness and cramps, forced her to cancel shows and cast years of uncertainty over whether she would ever perform again.
9/12: Saturday Morning
President Trump's trip to Ireland, the artist who sketched Ground Zero, a travel expert's top honeymoon destinations and much more.
Jason Scott & The High Heat play "Fast As I Can Crawl"
Hailing from Oklahoma City, roots-driven country band Jason Scott & The High Heat is on the rise. Headliner Jason Scott spent years training as a preacher until he experienced a crisis of faith, an experience that shaped his songwriting. The band's upcoming album "Playboy" captures their electrifying sound. Here's Jason Scott & The High Heat with "Fast As I Can Crawl."
Jason Scott & The High Heat play "When Love Tries To Hurt You"
Hailing from Oklahoma City, roots-driven country band Jason Scott & The High Heat is on the rise. Headliner Jason Scott spent years training as a preacher until he experienced a crisis of faith, an experience that shaped his songwriting. The band's upcoming album "Playboy" captures their electrifying sound. Here's Jason Scott & The High Heat with "When Love Tries To Hurt You."
Technology
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Technology
Extended Interview: Dario Amodei
In this web exclusive, Anthropic CEO Dario Amodei sits down with Jo Ling Kent to discuss the artificial intelligence community's responsibility as technology rapidly develops.
Anthropic CEO: "The industry lied" about AI risks
Dario Amodei, head of the artificial intelligence company Anthropic, calls the exponential rate of AI developments a "warning sign," with risks for humanity, and says, "We need to slow down." He talks with correspondent Jo Ling Kent about possible steps forward.
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.
Missile crisis: The hard truths about America's military arsenal
In the early days of the war against Iran, the U.S. fired off thousands of long-range, precision-guided missiles. Now, with a depleted arsenal, the Pentagon seeks to replenish its stockpiles, an effort that will cost billions and take years.
The biggest real-world risks of AI
A number of tech insiders have voiced concerns and given dire warnings in recent days about the rapid growth of AI. CBS News' Jo Ling Kent and Maya Blackstone have more.
Science
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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.
First-ever adult T. rex trackway found in North Dakota
Paleontologists have identified the first known trackway made by a full-grown Tyrannosaurus rex, and the discovery was made in the North Dakota badlands.
Ig Nobel prizes go to scientists studying cockroach milk, nose-blowing, more
Ten research teams were honored at a satirical science awards ceremony that was hosted outside the U.S. for the first time due to travel concerns. A study of cockroach milk was among the winners.
Vote on the fattest marmot now
Marmots, not bears, are the largest "true" hibernating mammal, UCLA marmot researchers Katie Adler and Emily Renkey say. The two share more fun facts about these cute creatures and explain how to vote for the fattest marmot.
NASA plans to launch new space telescope
NASA's new telescope could change the way we see space. With a wide-field camera that will reveal an area up to 200 times larger than the Hubble Space Telescope, and an orbit a million miles from Earth, the Nancy Grace Roman telescope is expected to find tens of thousands of unknown exoplanets.
Crime
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Crime
Lindsay Clancy juror speaks out
Paula Devlin, a juror in the murder trial of Lindsay Clancy, sat down with Shanelle Kaul to share her experience with the high-profile case and tense deliberations that ultimately ended in a mistrial.
Man arrested in death of Tasia Fortune, woman found hanging from tree
Mississippi police have arrested a man in the death of Tasia Fortune, a Black woman found hanging from a tree last month.
State of al‑Qaeda 25 years after 9/11 attacks
25 years after 9/11, we rarely hear about the state of the organization responsible for the attacks. The Atlantic recently put out a piece on al-Qaeda that says in part, "analysts can't decide if the terrorist organization is all but defunct or more threatening than ever." The article's author, Graeme Wood, joins "The Takeout" to discuss.
New terror threats against U.S. post 9/11
The FBI is warning of potential attacks on 9/11 remembrance ceremonies as terrorist groups call for new strikes on U.S. soil. Anna Schecter has more.
Suspects in $6 million romance scam targeting women extradited to U.S.
The men, who were arrested in the South African city of Cape Town in 2021, are set to be handed over to officials from the FBI.
Space
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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.
First on CBS
Trump to honor Artemis II crew with nation's top space medal
President Trump plans to award the Congressional Space Medal of Honor to the crew of NASA's Artemis II mission in a ceremony Aug. 28.
NASA's Swift telescope will plunge toward Earth after rescue mission called off
The mission to save NASA's sinking space telescope has been called off, dooming the telescope to a fiery reentry later this year.
NASA images show 60-foot-wide crater on moon after SpaceX rocket booster crash
A NASA spacecraft circling the moon is providing the sharpest views yet of the crater carved by a crashing SpaceX rocket.
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: Dario Amodei
In this web exclusive, Anthropic CEO Dario Amodei sits down with Jo Ling Kent to discuss the artificial intelligence community's responsibility as technology rapidly develops.
Anthropic CEO: "The industry lied" about AI risks
Dario Amodei, head of the artificial intelligence company Anthropic, calls the exponential rate of AI developments a "warning sign," with risks for humanity, and says, "We need to slow down." He talks with correspondent Jo Ling Kent about possible steps forward.
Shipwrecks and the tantalizing allure of the sea
Shipwrecks have long fascinated oceanographer Robert Ballard, who became renowned for locating the wreck of the RMS Titanic in 1985. He talks with correspondent Lee Cowan about how that discovery 12,000 feet beneath the Atlantic changed him, and about the efforts of his research vessel Nautilus to map the ocean floor. Cowan also talks with Sophie Elmhirst, author of the bestseller "A Marriage at Sea: A True Story of Love, Obsession, and Shipwreck," about human beings at their most vulnerable.
Almanac: September 13
"Sunday Morning" looks back at historical events on this date.
Missile crisis: The hard truths about America's military arsenal
The war with Iran was launched more than six months ago, and shows no signs of ending. In the early days of the conflict, the United States fired off thousands of long-range, precision-guided missiles. Now, with its arsenal depleted, the Pentagon is faced with the stark prospect of not having enough high-tech weapons to sustain a conflict against a true military power like China, and has ordered the defense industry onto a "wartime footing" to replenish its stockpiles. That will cost billions of dollars and require years of manufacturing. CBS News national security correspondent David Martin visited some of the plants now ramping up production to rebuild America's military arsenal.