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.
Live
Iran insists it's ready for a new U.S. attack as Trump arrives in China
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.
Trump arrives in Beijing to meet with Xi Jinping
President Trump said before he left that he and President Xi Jinping "have a lot of things to discuss."
Exclusive
Trump promised to hold 30,000 migrants at Guantanamo. It's mostly empty.
A CBS News review of internal government documents and information provided to Congress shows immigration detention facilities at Guantanamo Bay are nearly empty.
How diet and nutrition may help boost your brain health
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.)
Shots fired in Philippines Senate, where a wanted senator is holed up
Sen. Ronald dela Rosa is wanted by the International Criminal Court for his alleged role in the killings of at least 32 people
Convicted Utah author's son reveals new details about night his dad died
Prosecutors said Kouri Richins laced her husband's cocktail with five times the lethal dose of fentanyl in 2022.
Trump administration to name David Venturella as interim ICE chief
The Trump administration plans to name longtime immigration official David Venturella as the interim head of U.S. Immigration and Customs Enforcement, replacing acting director Todd Lyons, a spokesperson and two U.S. officials said.
Pennsylvania woman finds 3.09-carat white diamond at Arkansas state park
A woman from Pennsylvania found a 3.09-carat white diamond at Crater of Diamonds State Park in Arkansas.
Jason Collins, NBA's first openly gay player, dies at 47 from brain cancer
Jason Collins, the NBA's first openly gay player, who went on to become a pioneer for inclusion and an ambassador for the league, has died, his family announced Tuesday.
U.S.
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U.S. students' "reading recession" continuing but some places bucking the trend
Researchers say the U.S. is experiencing a "reading recession" that predates the pandemic. But some places are bucking the trend, chalking up higher test scores.
Exclusive
Trump promised to hold 30,000 migrants at Guantanamo. It's mostly empty.
A CBS News review of internal government documents and information provided to Congress shows immigration detention facilities at Guantanamo Bay are nearly empty.
Convicted Utah author's son reveals new details about night his dad died
Prosecutors said Kouri Richins laced her husband's cocktail with five times the lethal dose of fentanyl in 2022.
Jason Collins, the NBA's first openly gay player, dies at 47 from brain cancer
Jason Collins, the NBA's first openly gay player, who went on to become a pioneer for inclusion and an ambassador for the league, has died, his family announced Tuesday.
Will Trump seek investment to join China in a "dark factory" future?
A Chinese manufacturing giant tells CBS News how its sprawling factory runs with a fraction of the human workforce previously required.
MoneyWatch
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Will Trump seek investment to join China in a "dark factory" future?
A Chinese manufacturing giant tells CBS News how its sprawling factory runs with a fraction of the human workforce previously required.
Businesses starting to receive their IEEPA tariff refunds
"I'd been checking the status feverishly to see if anything was in my bank account," one small business owner said.
Searing U.S. energy prices are driving the hottest inflation in years
CPI gas price index has surged 28% from a year ago, while overall energy costs are up nearly 18%, new inflation data shows.
Social Security's cost-of-living adjustment could reach nearly 4% in 2027
A larger COLA would boost monthly checks for retirees, but also strain Social Security's already depleted trust funds.
Senate confirms Kevin Warsh as Fed governor, clearing path to become chair
The Senate has confirmed Kevin Warsh to the Federal Reserve's Board of Governors, a crucial step in President Trump's push to make Warsh the central bank's leader, replacing Jerome Powell.
Politics
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Developer scraps Trump Tower Australia plans, citing Iran war
The Trump Organization says its former Australian construction partner is just distracting from "his own defaults and failures" as he bails on plans for a Trump Tower.
Trump arrives in Beijing to meet with Xi Jinping
President Trump said before he left that he and President Xi Jinping "have a lot of things to discuss."
Exclusive
Trump promised to hold 30,000 migrants at Guantanamo. It's mostly empty.
A CBS News review of internal government documents and information provided to Congress shows immigration detention facilities at Guantanamo Bay are nearly empty.
Trump administration to name David Venturella as interim ICE chief
The Trump administration plans to name longtime immigration official David Venturella as the interim head of U.S. Immigration and Customs Enforcement, replacing acting director Todd Lyons, a spokesperson and two U.S. officials said.
Florida's "Alligator Alcatraz" could close in June, sources say
The closure comes amid escalating operating costs for the facility, which are now estimated to total nearly $1 billion.
HealthWatch
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How diet and nutrition may help boost your brain health
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.)
Sponsored
How can movement boost your brain health?
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.)
Sponsored
How exercise can improve brain health
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)
Exclusive
Parents sue OpenAI over teen's death after he used ChatGPT to get drug info
A Texas couple is filing a lawsuit accusing the AI company of guiding their teenage son in using drugs, resulting in a fatal overdose.
WHO chief says "work not over" after evacuation of hantavirus-stricken ship
The head of the World Health Organization says "our work is not over" to contain hantavirus after evacuations from a cruise ship hit by a deadly outbreak of the illness.
World
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Developer scraps Trump Tower Australia plans, citing Iran war
The Trump Organization says its former Australian construction partner is just distracting from "his own defaults and failures" as he bails on plans for a Trump Tower.
Menacing "monster wolf" robots in high demand to scare off bears
"Monster Wolf" is an animatronic scarecrow with flashing red eyes that howls and growls menacingly to scare away wild animals.
Shots fired in Philippines Senate, where a wanted senator is holed up
Sen. Ronald dela Rosa is wanted by the International Criminal Court for his alleged role in the killings of at least 32 people
Trump arrives in Beijing to meet with Xi Jinping
President Trump said before he left that he and President Xi Jinping "have a lot of things to discuss."
Live
Iran insists it's ready for a new U.S. attack as Trump arrives in China
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.
Entertainment
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Entertainment
"Top Gun" celebrates 40 years
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.
Stars of "Dutton Ranch" on reprising roles
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+.
Dua Lipa alleges Samsung uses copyrighted image of her to sell TVs
Pop singer accuses electronics manufacturer Samsung of using a copyrighted image of her face to sell TVs.
Annette Bening talks "Dutton Ranch"
Annette Bening talks about starring in the "Yellowstone" spinoff "Dutton Ranch," why she wanted to play her character and learning to ride a horse for the role.
Matt Damon and Ben Affleck sued over movie
Inspired by a true story, Netflix's "The Rip," starring Ben Affleck and Matt Damon, follows two Miami-Dade police officers as they discover more than $20 million of cartel cash during a drug raid and reveals corruption within the department. But now the real-life officers involved in the raid are suing Damon and Affleck through their production company. Carter Evans reports.
Technology
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Technology
The good behind the rise of AI
Josh Tyrangiel, a producer, journalist and author, breaks down the potentially positive uses of artificial intelligence amid concerns. Tyrangiel explains how AI can help solve meaningful problems and breaks down its use in schools.
OpenAI CEO Sam Altman testifies at trial
In federal court on Tuesday, OpenAI CEO Sam Altman testified about his leadership and pushed back against claims made by co-founder Elon Musk. Musk, who has since launched his own AI company, is suing Altman and OpenAI, claiming it flipped its original structure as a neutral nonprofit in favor of a for-profit business.
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.
White House invites business titans on China trip
The White House invited 16 top U.S. executives to join President Trump on his trip to China. CBS News contributor Patrick McGee joins "The Takeout" to discuss what the move could signal to Beijing.
Latest details on Musk-OpenAI court battle
OpenAI CEO Sam Altman took the stand on Tuesday to defend himself against a lawsuit brought by his former business partner, Elon Musk. Paresh Dave, senior writer for Wired, joins to unpack the case so far.
Science
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Emperor penguins in focus as Antarctica talks start in Japan
Greater protections for endangered emperor penguins and how to manage growing tourism are topping the agenda at talks on Antarctica in Japan.
What's in the released UFO files?
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.
Trump: UFO files released for transparency
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 Age of Disclosure" director on UFO files
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.
Pentagon begins releasing UFO files: "It's time the American people see"
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."
Crime
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Judge shot dead while heading to gym without her bodyguards
Lady Pachar was shot that day while traveling by car to a gym in the southwestern city of Machala.
Convicted Utah author's son reveals new details about night his dad died
Prosecutors said Kouri Richins laced her husband's cocktail with five times the lethal dose of fentanyl in 2022.
New details about Boston-area highway gunman
The suspect who allegedly fired into a major road near Boston had prior criminal convictions. Jericka Duncan reports on new details about the shooting and the suspect.
Charges after Baltimore's Key Bridge collapse
The Justice Department announced criminal charges against the ship operator in the Francis Scott Key Bridge collapse that killed six people in 2024. CBS News' Shanelle Kaul has more.
Mayor faces prison time over alleged spying
Eileen Wang, the former mayor of Arcadia, California, faces a 10-year prison sentence for pleading guilty to acting as a covert agent for China. CBS News Los Angeles' Tina Patel has more.
Space
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UFO files reveal astronauts saw mysterious objects and lights in 1972
NASA's Apollo 17 crew reported seeing three mysterious dots and sparks that resembled fireworks, according to new files released by the Pentagon.
Pentagon begins releasing UFO files: "It's time the American people see"
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."
Mysterious world beyond Pluto may have atmosphere, study says
If confirmed, the rock would become just the second world past Neptune in our solar system to host an atmosphere.
Artemis crew surprises 5-year-old aspiring astronaut with special gift
The Artemis II team gained a new member, and the crew made sure their youngest teammate had the right stuff for space.
Artemis II crew reveals what snack they ate right after splashdown
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.
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
Sneak peek: Joe Hunter's Mission
ENCORE: A "Survivor" contestant believes his sister was murdered and is determined to be her voice. "48 Hours" correspondent Natalie Morales reports Saturday, May 16 at 9/8c on CBS and streaming on Paramount+.
Guantanamo Bay military base mostly empty
Internal government documents and information given to Congress show the Guantanamo Bay military base in Cuba remains mostly empty a year after President Trump vowed to use it to house thousands of migrants facing deportation. CBS News' Camilo Montoya-Galvez reports.
Inflation impact on businesses, consumers
Inflation has soared to its highest level in nearly three years, rising to an annual rate of 3.8%. Surging fuel prices, a result of the war with Iran, are impacting businesses and consumers. Jason Allen reports.
The good behind the rise of AI
Josh Tyrangiel, a producer, journalist and author, breaks down the potentially positive uses of artificial intelligence amid concerns. Tyrangiel explains how AI can help solve meaningful problems and breaks down its use in schools.
Princess Kate makes royal overseas trip
Princess Kate is making her first official trip overseas since her cancer treatment began more than two years ago. The future queen is in northern Italy for a two-day visit focused on early childhood development.