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.
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A record number of Americans are tapping into their retirement savings, years ahead of schedule. CBS News MoneyWatch reporter Megan Cerullo has more.
More Americans are digging into their retirement savings for emergency expenses, research from Vanguard shows.
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.
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 increasing the contribution limits for retirement accounts in 2026, boosting the top threshold to account for inflation.
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.
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."
President Trump signed an executive order that he says will democratize alternative investments for workers saving for retirement.
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.
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.
Under a new executive order signed by President Trump, workers could add higher-risk assets like cryptocurrencies to their 401(k)s.
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.]
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.
Americans have big financial goals for what they think they'll need for a comfortable retirement, a new survey finds.
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).
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.
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.
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.
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.
Most Americans are forced to retire earlier than they had expected, often disrupting their financial planning.
Many people in their 50s are part of the so-called "sandwich generation" of workers who support both young relatives and aging parents.
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.
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.
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.
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.
Iran's military says it's trained and ready for any new U.S. assault as Trump predicts a "long talk" about the war with China's President Xi in Beijing.
Utah mom Kouri Richins was sentenced to life without the possibility of parole on Wednesday, after a jury convicted her of murder and other charges in her husband's 2022 death.
Alex Murdaugh was convicted of his killing his wife and his son at the family's home in 2021.
President Trump's meeting with Chinese President Xi Jinping comes as members of Congress are calling for a crackdown on China's ability to acquire U.S. farmland, citing national security concerns.
Israeli Prime Minister Benjamin Netanyahu recently made a secret visit to the United Arab Emirates, where he met with President Mohammed bin Zayed, sources told CBS News.
Fed chairs usually have a great deal of influence over the committee that sets interest rates, but their power is not absolute. And experts say Warsh will need to work to form consensus.
The Trump administration is also warning states to crack down on Medicaid fraud or risk losing funding for their anti-fraud units.
The delegation of business leaders underscores the deep ties many major U.S. companies maintain with China despite years of trade tensions.
Speaker Mike Johnson and Minority Leader Hakeem Jeffries are preparing to announce a bipartisan task force aimed at addressing how sexual misconduct claims are handled within the House of Representatives, multiple sources confirm to CBS News.
The new map will eliminate one of the state's majority Black, Democratic-leaning districts while keeping one Democratic-leaning district.
"Your doctor could be making decisions around treatment based on studies that never existed," one expert said.
Utah mom Kouri Richins was sentenced to life without the possibility of parole on Wednesday, after a jury convicted her of murder and other charges in her husband's 2022 death.
The Senate voted to confirm Kevin Warsh as chairman of the Federal Reserve, marking a victory for President Trump.
Speaker Mike Johnson and Minority Leader Hakeem Jeffries are launching a bipartisan task force aimed at addressing how sexual misconduct claims are handled within the House of Representatives, multiple sources confirm to CBS News.
"Your doctor could be making decisions around treatment based on studies that never existed," one expert said.
Fed chairs usually have a great deal of influence over the committee that sets interest rates, but their power is not absolute. And experts say Warsh will need to work to form consensus.
The Senate voted to confirm Kevin Warsh as chairman of the Federal Reserve, marking a victory for President Trump.
The delegation of business leaders underscores the deep ties many major U.S. companies maintain with China despite years of trade tensions.
A Chinese manufacturing giant tells CBS News how its sprawling factory runs with a fraction of the human workforce previously required.
The new map will eliminate one of the state's majority Black, Democratic-leaning districts while keeping one Democratic-leaning district.
President Trump's meeting with Chinese President Xi Jinping comes as members of Congress are calling for a crackdown on China's ability to acquire U.S. farmland, citing national security concerns.
Fed chairs usually have a great deal of influence over the committee that sets interest rates, but their power is not absolute. And experts say Warsh will need to work to form consensus.
The Senate voted to confirm Kevin Warsh as chairman of the Federal Reserve, marking a victory for President Trump.
Georgia lawmakers will return to the Capitol on June 17 for a special session focused on redistricting.
"Your doctor could be making decisions around treatment based on studies that never existed," one expert said.
This marks the longest decline in overdose deaths in decades, according to preliminary government data.
Alzheimer's Association CEO and president Joanne Pike shares some recommendations on which foods to eat, and which foods to limit, for better brain health. (Sponsored by the Alzheimer's Association.)
A recent survey by the Alzheimer's Association found most adults think maintaining brain health is very important, but they don't know what steps to take. (Sponsored by the Alzheimer's Association.)
Daily physical activity is one of the important steps to building healthy habits to lower the risk of dementia. As part of a three-part series, "Brain Health: From Awareness to Action," Alzheimer's Association President and CEO Joanne Pike joins "CBS Mornings" with tips on incorporating exercise into your routine as part of their "(re)think your brain" initiative. Learn more about their "6-Step Challenge" at rethinkyourbrain.org (Sponsored by the Alzheimer's Association)
President Trump's meeting with Chinese President Xi Jinping comes as members of Congress are calling for a crackdown on China's ability to acquire U.S. farmland, citing national security concerns.
Israeli Prime Minister Benjamin Netanyahu recently made a secret visit to the United Arab Emirates, where he met with President Mohammed bin Zayed, sources told CBS News.
The Senate rejected another attempt by Democrats to limit President Trump's ability to use military force against Iran, but one new Republican senator voted in favor of advancing the measure.
A black bear killed a man working for a Canadian uranium exploration and acquisition company in Saskatchewan.
The delegation of business leaders underscores the deep ties many major U.S. companies maintain with China despite years of trade tensions.
Major musicians from Post Malone to Meghan Trainor have recently struggled to sell out stadiums and arenas for their tours. It's a troubling trend being called "blue dot fever" and has led to entertainers canceling some or all of their shows. Ash-har Quraishi reports.
Actor Geena Davis talks about starring in the new series "The Boroughs," if there are parallels between herself and the character she plays, and why she's drawn to supernatural projects. She also addresses representation in the entertainment industry.
The action movie "Top Gun," starring Tom Cruise, was released 40 years ago. To celebrate its anniversary, the film and its sequel, "Top Gun: Maverick," are returning to AMC theaters nationwide for one week. Vladimir Duthiers reports.
Kelly Reilly and Cole Hauser, the stars and executive producers of "Dutton Ranch," sit down with "CBS Mornings" to talk about reprising their "Yellowstone" roles for the series spinoff. The series premieres May 15 on Paramount+.
Pop singer accuses electronics manufacturer Samsung of using a copyrighted image of her face to sell TVs.
Almost every industry worldwide is integrating artificial intelligence into its operations, and the airline industry is no different. Booking.com CEO Glenn Fogel joins "The Takeout" to discuss AI's impact on travel.
As smartphones become more advanced, are batteries keeping up? CNET senior mobile expert Abrar Al-Heeti joins to explain how you can improve your phone's battery life.
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.
"Your doctor could be making decisions around treatment based on studies that never existed," one expert said.
The delegation of business leaders underscores the deep ties many major U.S. companies maintain with China despite years of trade tensions.
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.
Defense Secretary Pete Hegseth said it's time for the American people see it for themselves, as the Pentagon started releasing previously classified documents related to UFOs and UAPs. CBS News Pentagon reporter Eleanor Watson has more.
The Pentagon on Friday released and declassified numerous files on UFOs, including eyewitness testimony, photos and reports. Government knowledge of non-human intelligent life was the subject of the documentary "The Age of Disclosure," released in February. Its director and producer, Dan Farah, joins CBS News to discuss.
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."
Kouri Richins, the Utah mom convicted of murdering her husband, spoke for nearly 40 minutes at her sentencing hearing on Wednesday. Richins apologized to her sons and told them to "take care of one another." She was later sentenced to life without parole.
A judge on Wednesday sentenced Kouri Richins, a Utah mom who wrote a book about grief, to life without parole for the murder of her husband. CBS News' Shanelle Kaul has the latest.
Utah mom Kouri Richins was sentenced to life without the possibility of parole on Wednesday, after a jury convicted her of murder and other charges in her husband's 2022 death.
The South Carolina Supreme Court overturned the murder convictions against Alex Murdaugh and ordered a new trial. Murdaugh was found guilty in 2023 of killing his wife and son in 2021. The court questioned "improper" conduct by the county clerk, Becky Hill, who later wrote a book about her time working on the trial. CBS News legal contributor Jessica Levinson has more.
Alex Murdaugh was convicted of his killing his wife and his son at the family's home in 2021.
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."
If confirmed, the rock would become just the second world past Neptune in our solar system to host an atmosphere.
The Artemis II team gained a new member, and the crew made sure their youngest teammate had the right stuff for space.
The Artemis II astronauts said they actually really enjoyed the space food, but it was a familiar candy they enjoyed after splashing down in the Pacific Ocean.
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.
President Trump promised to hold 30,000 migrants facing deportation at Guantanamo Bay. A year later, it's mostly empty. CBS News immigration and politics reporter Camilo Montoya-Galvez has the details.
Almost every industry worldwide is integrating artificial intelligence into its operations, and the airline industry is no different. Booking.com CEO Glenn Fogel joins "The Takeout" to discuss AI's impact on travel.
Major musicians from Post Malone to Meghan Trainor have recently struggled to sell out stadiums and arenas for their tours. It's a troubling trend being called "blue dot fever" and has led to entertainers canceling some or all of their shows. Ash-har Quraishi reports.
President Trump arrived in Beijing on Wednesday for a summit with Chinese President Xi Jinping. Mr. Trump's trip comes as Americans face higher costs for gas, food and more. CBS News' Anna Coren and Samantha Vinograd report.
President Trump arrived in Beijing on Wednesday for his summit with Chinese President Xi Jinping. Accompanying the president are several high-profile business and tech CEOs. Chris McGuire, senior fellow at the Council on Foreign Relations, joins CBS News to discuss.