Boomer wealth transfer will mostly benefit the already rich, report finds
Trillions of wealth passed down by the baby boomers will likely go to younger Americans who are already rich. Here's how much they'll get.
Baby Boomers
Americans fear going broke in retirement more than death, study finds
Allianz survey finds that nearly two-thirds of Americans are more worried about running out of money in retirement than they are about dying.
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.
How inflation is impacting social lives
Inflation affects all areas of American life from grocery shopping to choosing where to live. A survey found that 37% of Americans are even neglecting their social lives due to high prices. Lifestyle expert Maureen Petrosky joins CBS News to discuss.
Navigating the "Boomer stuff avalanche"
Baby Boomers have collected a lot over the years, leaving their children to figure out what to do with it all. Professional organizer Mindy Godding joins us to share expert advice on how to manage the overwhelming task of clearing out family heirlooms and belongings.
Gen Z to outnumber Baby Boomers in workforce
Gen Z employees will outnumber Baby Boomers in the U.S. workforce by the end of this year, according to a Glassdoor report. Scott Dobroski, career trend expert for Indeed, joins to discuss.
Young Americans and the economy
38% of Gen Z and millennials say they are having a harder time growing financial wealth compared to their parents at the same age, according to a new survey from Bankrate. Sarah Foster, an analyst at Bankrate, joined CBS News to discuss the findings.
Millions of boomers have nothing saved for retirement
1 in 4 older Americans may have to work longer or scrimp and save to make ends meet in their golden years, a new study suggests.
Boomer homebuying bonanza
Baby boomers are outbuying and outbidding millennials in the U.S. housing market. Senior real estate reporter with Insider, James Rodriguez, joined CBS News to break down the trends among homebuyers.
Historical elections in the U.S.
Several races across the country made history this election season. CBS News Anchors Lana Zak and Errol Barnett spoke with the director of the University of Virginia's Center for Politics, Larry Sabato, about what this means for the U.S.
Growing homelessness among baby boomers
A growing number of baby boomers are experiencing homelessness amid rising rents and inflation. The number of homeless people over 55 is expected to swell to 225,000 nationwide by 2026, according to one study. Jonathan Vigliotti takes a look.
Subsidizing adult children
A new poll conducted by CreditCards.com shows that most parents with adult children have paid for a number of their expenses. A senior analyst for the site, Matt Schulz, joins CBSN to discuss this ongoing trend and its effects on the economy.
Millennials talk stereotypes
Millennials, born between the early '80s and mid-'90s, make up the largest living generation, bigger than Baby Boomers and Generation X. Their money, their attention and their votes are all in demand. But identifying millennials is complicated by a divide within the generation, with their formative years split by the financial crisis, smart phones and social media. Bianna Golodryga met some millennials to get their reactions to stereotypes about them. Refinery29 chief content officer Amy Emmerich also joins "CBS This Morning" to discuss the generation.
Reinvent your career after 50
Baby boomers are reinventing their careers as many work past the traditional age of retirement. Reasons for working past age 65 include not being able to afford retirement and needing income or health benefits. Career coach John Tarnoff joins "CBS This Morning" to discuss his new book, "Boomer Reinvention: How to Create Your Dream Career Over 50."
The full episode of the CBS Evening news from October 21, 2015 edition
Vice President Joe Biden said he will not seek the the Democratic party's nomination for president; Julia, a new character on Sesame Street, lives with autism
Financial planners are saying that four in 10 baby boomers have no retirement savings at all and nearly 70% have no pension plans
Financial planners are saying that four in 10 baby boomers have no retirement savings at all and nearly 70% have no pension plans. Anthony Mason has more on how many boomers are forced to continue working instead of enjoying retirement.
As people enter retirement, some may want to look into retiring in a college town
As people enter retirement, some may want to look into retiring in a college town. As Don Dahler explains, colleges are creating partnerships with retirement communities that benefit both retirees and the colleges.
Millions of baby boomers are approaching retirement or have already given up their jobs, but many don't want to kick back.
Millions of baby boomers are approaching retirement or have already given up their jobs, but many don't want to kick back. Julianna Goldman reports on 75-year-old Seth Goldstein who's creating inventions for passion, not a paycheck.
Applications for senior roommates have tripled in New York over the past six years
Applications for senior roommates have tripled in New York over the past six years. Vinita Nair reports on how "Boomer Roomies" are helping one another.
GOP and the generational divide over climate change
Benji Backer, president and founder of the American Conservative Coalition, joins CBSN's Lana Zak with his insight into what is driving this generational gap over climate change and why the Republican Party has to move past being the party of climate denial.
Author Leigh Gallagher joins MoneyWatch's Amey Stone to discuss the changing face of American suburbia, what people are looking for when choosing a town to live in, and why many baby boomers are opting to stay in the city
Author Leigh Gallagher joins MoneyWatch's Amey Stone to discuss the changing face of American suburbia, what people are looking for when choosing a town to live in, and why many baby boomers are opting to stay in the city.
Why more Americans are retiring abroad
Some baby boomers are moving outside the U.S. to stretch their dollars.
College kids learn hard lesson on coronavirus
Officials warning the nation about the coronavirus threat are increasingly worried that baby boomers and young adults are not heeding their advice. In Florida, spring breakers are taking advantage of the beaches that are still open. However, some college students are finally seeing a reason to be worried. Manuel Bojorquez speaks to a Vanderbilt University senior who tested positive for the virus.
Survey finds younger generations are lonelier than boomers
The Cigna 2020 Loneliness Index found 61% of adults reported feeling lonely.
"OK, Boomer" makes first appearance in the Supreme Court
It was invoked by Chief Justice John Roberts in an age discrimination case.
Senate confirms Todd Blanche, Trump's ex-defense lawyer, as attorney general
In a narrow 50-49 vote, President Trump's former defense lawyer was confirmed as attorney general in a vote early Saturday.
Live
Iran says strait won't open until the U.S. "corrects" behavior
The United Arab Emirates' Abu Dhabi National Oil Company said one of its ships was targeted while transiting the strait on Saturday.
U.S. intel agencies warn Putin could test NATO by authorizing provocative actions
U.S. intelligence assessments indicate Russia could be increasingly willing to authorize provocative actions on NATO territory.
Pentagon revokes security clearance of former Air Force chief
The Pentagon alleged that former U.S. Air Force Secretary Frank Kendall disclosed sensitive information about Air Force One's capabilities to the media.
Senate approves bill to fund government into December
The measure was approved in a 90 to 6 vote and now goes to the House.
Drones spotted over German military base amid uptick in similar incidents
Drone sightings over civilian and cargo airports have been reported more frequently.
Girl dies from injuries after school shooting in Thailand as death toll rises
Five school staff members died in the shooting outside Bangkok. The shooter also appeared to have killed his two grandparents.
Jorge Messi, father of Argentina great Lionel Messi, dies at 68
Jorge Messi served as his son's agent and accompanied him to Europe when he signed with Barcelona as a teenager.
Powerball grows to highest jackpot of the year
The total is also the eighth-largest Powerball jackpot in the game's history.
U.S.
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Video shows Alabama deputies wrangling a 1,500-pound runaway bull
The Pickens County Sheriff's Office said that after "a few slips and falls," the bull was back in custody without any injury.
Powerball grows to highest jackpot of the year
The total is also the eighth-largest Powerball jackpot in the game's history.
Senate confirms Todd Blanche, Trump's ex-defense lawyer, as attorney general
In a narrow 50-49 vote, President Trump's former defense lawyer was confirmed as attorney general in a vote early Saturday.
Senate approves bill to fund government into December
The measure was approved in a 90 to 6 vote and now goes to the House.
Pentagon revokes security clearance of former Air Force chief
The Pentagon alleged that former U.S. Air Force Secretary Frank Kendall disclosed sensitive information about Air Force One's capabilities to the media.
MoneyWatch
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A quandary for the Fed: Dealing with hot inflation and cool job growth
A sudden slump in hiring has dramatically changed the outlook for the Federal Reserve's September interest rate decision.
Energy company sues data center over who should pay for AI buildout
At issue is who pays to expand energy infrastructure when a data center needs as much electricity as a midsize city.
Americans got their biggest raises in 40 years. Inflation took most of it.
The typical American's paycheck has grown faster since 2019 than in any stretch since the early 1980s. But prices climbed nearly as fast, swallowing about 80% of the wage increase.
July jobs report reveals unexpected loss of 23,000 jobs
Friday's jobs report showed employers shed jobs last month, rather than adding 95,000 new hires that had been forecast by economists.
Warren presses U.S. companies to share tariff refunds with customers
Companies receiving billions in refunds for U.S. tariffs struck down by the Supreme Court should return money to consumers, Sen. Elizabeth Warren said.
Politics
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Hawaii Rep. Ed Case faces primary challenger and more to watch in today's races
Democratic incumbents in safe districts in New York and Colorado have been ousted so far this year by primary challengers.
Senate confirms Todd Blanche, Trump's ex-defense lawyer, as attorney general
In a narrow 50-49 vote, President Trump's former defense lawyer was confirmed as attorney general in a vote early Saturday.
Senate approves bill to fund government into December
The measure was approved in a 90 to 6 vote and now goes to the House.
Pentagon revokes security clearance of former Air Force chief
The Pentagon alleged that former U.S. Air Force Secretary Frank Kendall disclosed sensitive information about Air Force One's capabilities to the media.
U.S. intel agencies warn Putin could test NATO by authorizing provocative actions
U.S. intelligence assessments indicate Russia could be increasingly willing to authorize provocative actions on NATO territory, with a goal of testing the alliance, U.S. officials said.
HealthWatch
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HealthWatch
Handling health expenses in retirement
Some older Americans find themselves at a loss when it comes to managing healthcare expenses after retirement starts. Jill Schlesinger has tips on how to stay healthy after retiring.
Man has "miracle" recovery after heart defect causes rare massive stroke
One year after a massive stroke nearly incapacitated him, Todd Meiklejohn is opening up about his experience.
"Pink flags" of postpartum psychosis — and more takeaways from "Healthful"
Perinatal psychiatrist Dr. Uruj Kamal Haider and Kriti Lodha joined a special edition of "Healthful" to talk more about mental health conditions, including postpartum psychosis.
The Truth About Postpartum Psychosis
The issue of postpartum psychosis has come to the forefront amid the murder trial of Lindsay Clancy, the 35-year-old mother accused of killing her three children. What are the signs of a mental break, and is the healthcare system failing mothers? In this special episode of Healthful, Norah speaks with Dr. Uruj Kamal Haider, a perinatal psychiatrist who has treated patients with the rare and severe mental health emergency. She also speaks with Kriti Lodha, a postpartum psychosis survivor who has made it her mission to help other mothers.
Flesh-eating bacteria has killed 5 in Louisiana this year, officials say
A flesh-eating bacteria found in warm coastal waters is responsible for at least five deaths so far this year in Louisiana, state health officials reported Thursday.
World
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Costa Rica's newly discovered "coffee frog" faces risks from farm pesticides
Measuring less than 4 centimeters and known as the "spring frog," the dark green-spotted amphibians were observed in San Lorenzo de Tarrazu.
Drones spotted over German military base amid uptick in similar incidents
Drone sightings over civilian and cargo airports have been reported more frequently.
Jorge Messi, father of Argentina great Lionel Messi, dies at 68
Jorge Messi served as his son's agent and accompanied him to Europe when he signed with Barcelona as a teenager.
Wildfires in western Canada forces more than 20,000 people to evacuate
The Bald Range wildfire was first reported on Friday evening.
U.S. pledges $1 billion to Colombia as new right-wing president takes office
Abelardo de la Espriella, a millionaire lawyer with a taste for spectacle, took office Friday.
Entertainment
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Entertainment
Phillip Jeffries turns walls into artwork
A family-owned wallpaper company made luxury design their booming business. Meg Oliver takes a look inside Phillip Jeffries, the decor business turning walls into works of art.
Houndmouth is "Never Gonna Die"
Indiana rock band Houndmouth is acclaimed for their rich harmonies and electric live performances. Their latest record, "Lordy," is a stripped-back, raw return, five years after their last album. Here's Houndmouth with "Never Gonna Die."
Houndmouth plays "Tiger Blood"
Indiana rock band Houndmouth is acclaimed for their rich harmonies and electric live performances. Their latest record, "Lordy," is a stripped-back, raw return, five years after their last album. Here's Houndmouth with "Tiger Blood."
Houndmouth has "Heavy Eyes"
Indiana rock band Houndmouth is acclaimed for their rich harmonies and electric live performances. Their latest record, "Lordy," is a stripped-back, raw return, five years after their last album. Here's Houndmouth with "Heavy Eyes."
8/8: CBS Saturday Morning
Todd Blanche is confirmed as attorney general, fires blaze in Europe and the U.S., plus Houndmouth plays Saturday Sessions.
Technology
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Technology
Where to get the latest CBS Mornings Deals
On this edition of CBS Deals, we show you items that will help improve your everyday lifestyle. Visit cbsdeals.com to take advantage of these exclusive deals today. CBS earns commissions on purchases made through cbsdeals.com.
Meta must pay nearly $1B in fines, court says
Meta, the parent company of Facebook, Instagram, WhatsApp and others, must pay nearly $1 billion after a court found the social media giant to have put children and teen users at risk. A New Mexico judge ruled that Meta must pay $567 million into a fund to pay for harm prevention and awareness, in addition to $375 million in civil penalties previously decided by a jury.
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.
Energy company sues data center over who should pay for AI buildout
At issue is who pays to expand energy infrastructure when a data center needs as much electricity as a midsize city.
Meta fined $567M over child safety issues
Meta, the tech giant that operates Facebook, Instagram, WhatsApp and other platforms, faces another financial penalty for allegedly failing to keep kids safe. A New Mexico judge has ordered Meta to pay $567 million for its failure to warn the public about the dangers its products pose to children.
Science
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Science
Genetically altered beagles offer hope for dog lovers with allergies
Matt Walker, a geneticist and the CEO of Kindred Companion Sciences, joins "CBS Mornings" with his gene-altered beagle, Bailey, to discuss creating future options for people with severe pet allergies.
Most detailed images taken of sun's surface revealed
Researchers were able to peek at the sun's scorching surface with the help of the National Science Foundation's Daniel K. Inouye Solar Telescope, located on the island of Maui in Hawaii.
Bezos, DiCaprio set up massive wildlife fund
Hollywood actor Leonardo DiCaprio and Amazon founder Jeff Bezos have announced a $200 million fund set to protect species on the brink of extinction. Carter Evans has the story.
Dramatic photos show lava spewing from Fuego volcano in Guatemala
Guatemalan officials on Monday began evacuating two villages near the Fuego volcano due to the ongoing eruption.
Rare footage of humpback whale birth captured on drone video
The footage is believed to be only the fourth complete humpback whale birth ever recorded on film anywhere in the world and the first-ever captured by drone.
Crime
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Crime
Police release video of In-N-Out shooting
Three people were killed during a shooting that began at an In-N-Out restaurant in Twin Falls, Idaho. The gunman died of a self-inflicted gunshot wound, police said. Investigators have now released security footage as they probe the motive for the shooting.
Police warn of "video game style" driving
Driving like a "Grand Theft Auto" player in real life is both illegal and highly dangerous, police warn. Kris Van Cleave went on a ride-along to see what the California Highway Patrol is dealing with.
Police release footage of In-N-Out shooting
Police have released surveillance and body camera footage revealing new details about the shooting at an In-N-Out in Twin Falls, Idaho, that killed three people. Carter Evans has more.
Psychiatrists questioned in Clancy trial
Two psychiatrists who treated Lindsay Clancy, the mother from Massachusetts who's charged with murdering her three kids, took the stand Friday. Boston.com reporter Abby Patkin joins CBS News to unpack the day's proceedings.
Inside Lindsay Clancy's Home
As the Lindsay Clancy murder trial continues, jurors hear testimony from the medical professionals who treated her before and after the deaths of her three children, and excerpts of her journal. They also visit key scenes from the night of the killings. "48 Hours" correspondent Erin Moriarty speaks with WBZ-TV reporter and anchor Kristina Rex about emotional courtroom moments, graphic testimony, and the key question at the heart of this case: what was happening in Lindsay Clancy's mind on January 24, 2023?
Space
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Most detailed images taken of sun's surface revealed
Researchers were able to peek at the sun's scorching surface with the help of the National Science Foundation's Daniel K. Inouye Solar Telescope, located on the island of Maui in Hawaii.
SpaceX rocket booster slams into moon, creating crater that could be 16 feet deep
The impact wasn't visible to the naked eye, but photos are expected to come from a lunar satellite at a later time.
Russian Soyuz brings three home after 8 months at space station
The Soyuz MS-28 landing in Kazakhstan brought a 241-day stay in space to a successful conclusion.
SpaceX's Super Heavy-Starship blasts off on 13th test flight
An upgraded version of the world's most powerful rocket is key to landing NASA astronauts on the moon in the agency's Artemis program.
Meteorite that hit home contains "alien world chemistry," experts say
When scientists examined the preserved fragments of a meteorite that crashed in 2024, they found brine-like fluids and key molecules.
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.
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.
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.
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.
Timeline: The disappearance of George Smith
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Latest CBS News Videos
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Latest CBS News Videos
Disturbing New Allegations Against D4vd
On April 29, prosecutors released a brief outlining their case against singer-songwriter D4vd, who has been charged in the murder of 14-year-old Celeste Rivas Hernandez. On this episode of "Case By Case," we examine the state's timeline of events, including the allegation that D4vd stabbed Celeste and went to great lengths to cover up the crime. Plus, an update on Nick Reiner who appeared in the same court just hours before D4vd. "48 Hours" correspondent Erin Moriarty and Los Angeles Times crime writer Richard Winton dig into the new details on both stories.
D4vd Charged with Murder
Following the discovery of Celeste Rivas Hernandez's remains in a vehicle registered to D4vd last fall, what were the key developments that led to charges this week? On this episode of "Case by Case," we examine all of the new details coming out of the case against singer-songwriter David Anthony Burke, who professionally goes by D4vd. "48 Hours" correspondent Natalie Morales and CBS News chief correspondent Matt Gutman break down what we know so far about Celeste's death and the alleged abusive relationship she had with the singer.
Inside D4vd's Preliminary Hearing in Murder Case
A preliminary hearing offers the clearest look yet at the case against singer-songwriter D4vd, who is charged with the murder of 14-year-old Celeste Rivas Hernandez. "48 Hours" correspondent Anne-Marie Green is joined by Los Angeles Times investigative crime writer Richard Winton to unpack the latest courtroom developments, the prosecution's strategy, the defense's response, and the evidence that could determine whether the case advances to trial.
Inside the destructive wildfires tearing through Washington
The wildfires in Washington state have charred entire neighborhoods around Spokane. Videos showed flames and smoke filling the sky as firefighters work to contain the blazes amid concerns about worsening weather.
Phillip Jeffries turns walls into artwork
A family-owned wallpaper company made luxury design their booming business. Meg Oliver takes a look inside Phillip Jeffries, the decor business turning walls into works of art.