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.
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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.
Allianz survey finds that nearly two-thirds of Americans are more worried about running out of money in retirement than they are about dying.
Americans have big financial goals for what they think they'll need for a comfortable retirement, a new survey finds.
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.
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 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.
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.
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.
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.
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.
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.
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, 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.
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."
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. 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 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. 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. Vinita Nair reports on how "Boomer Roomies" are helping one another.
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.
Some baby boomers are moving outside the U.S. to stretch their dollars.
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.
The Cigna 2020 Loneliness Index found 61% of adults reported feeling lonely.
It was invoked by Chief Justice John Roberts in an age discrimination case.
President Trump announced a deal to grant the U.S. control of more than 60 billion barrels of proven Venezuelan oil reserves.
In June, the FBI quietly lowered some of the standards it uses when it conducts background checks on would-be federal agents and other personnel.
Rescuers pulled out survivors and helicopters ferried people to safety as Nepal and China raced to respond after catastrophic flash floods killed hundreds of people.
A Department of Homeland Security spokesperson said Milo Yiannopoulos "chose to overstay his welcome."
President Trump insists Iran is "begging to make a deal" to end the war, but Tehran, and crucially China, say his economic warfare tactics will fail.
The ruling marks a blow to the federal government's long-delayed effort to prosecute Khalid Sheikh Mohammed, who is accused of developing the plot to crash planes into the Pentagon and World Trade Center.
The Lindsay Clancy trial jury continued their deliberations Friday and it could be days before they reach a verdict, a legal expert says.
He was placed on unpaid leave from his job at the White House after it was determined he used his position to make bets on what President Trump would say in speeches.
The international airport in Nashville, Tennessee, would be renamed for Dolly Parton under a proposal by Tennessee's governor.
The ruling marks a blow to the federal government's long-delayed effort to prosecute Khalid Sheikh Mohammed, who is accused of developing the plot to crash planes into the Pentagon and World Trade Center.
He was placed on unpaid leave from his job at the White House after it was determined he used his position to make bets on what President Trump would say in speeches.
On a path in Austin, Texas, a chance meeting changed the lives of two men with one thing in common.
The White House said President Trump will "pay tribute to the brave first responders who put their lives on the line."
The international airport in Nashville, Tennessee, would be renamed for Dolly Parton under a proposal by Tennessee's governor.
President Trump announced a deal to grant the U.S. control of more than 60 billion barrels of proven Venezuelan oil reserves.
Juul plans to market the new device under the brand name Juul2, along with updated versions of its tobacco- and menthol-flavored cartridges.
Trading of sports event contracts on Kalshi constitutes gambling, appeals court rules in siding with Nevada officials.
New federal labor figures forecast the fastest-growing U.S. job sectors over the next decade.
David Booth, the founder of Dimensional Fund Advisors, says the key to investing — and life — is to stay calm in the face of uncertainty.
The ruling marks a blow to the federal government's long-delayed effort to prosecute Khalid Sheikh Mohammed, who is accused of developing the plot to crash planes into the Pentagon and World Trade Center.
He was placed on unpaid leave from his job at the White House after it was determined he used his position to make bets on what President Trump would say in speeches.
President Trump announced a deal to grant the U.S. control of more than 60 billion barrels of proven Venezuelan oil reserves.
A federal judge has again blocked President Trump's bid to erase his hush money conviction in New York.
The White House said President Trump will "pay tribute to the brave first responders who put their lives on the line."
Juul plans to market the new device under the brand name Juul2, along with updated versions of its tobacco- and menthol-flavored cartridges.
Caused by parasites spread via Anopheles mosquitoes, malaria can cause symptoms including nausea, headache and intense waves of fever and chills.
U.S. officials have confirmed cases of a parasitic illness tied to lettuce in three more states: Georgia, Tennessee and Texas.
Patients taking the first-of-a-kind pill, called daraxonrasib, lived for a median of 13.2 months compared with 6.7 months for chemotherapy recipients, studies showed.
Dr. Laura Cox, an assistant professor at Brigham and Women's Hospital and Harvard Medical School, explains how our dietary patterns play a significant role in our gut and long-term brain health.
A California couple were in a Nepali village when an avalanche of powerful waters ripped down from the high Himalayas toward them.
President Trump announced a deal to grant the U.S. control of more than 60 billion barrels of proven Venezuelan oil reserves.
Carlos Tellez Sanchez had worked at a car dealership in Dallas during the day and drove for Uber Eats at night to support his family.
Anil Goel sent his family in the U.S. a photo of his tour group at the Nepal-Tibet border just before the area was hit by a wall of mud and water.
Caused by parasites spread via Anopheles mosquitoes, malaria can cause symptoms including nausea, headache and intense waves of fever and chills.
In the days since her death, Dolly Parton has become the most-streamed artist in the world and might be getting an airport named after her. Nicole Valdes has more.
The international airport in Nashville, Tennessee, would be renamed for Dolly Parton under a proposal by Tennessee's governor.
Closing arguments in the trial of a man accused of orchestrating Tupac Shakur's murder are expected on Monday. CBS News' Jared Ochacher spoke with one of Shakur's former collaborators, rapper E-40, about the late artist.
Zac Brown of the Zac Brown Band joins "CBS Mornings" to reflect on his friendship with Dolly Parton and her enduring legacy.
Tributes pour in for country music icon and humanitarian Dolly Parton. Thousands of fans signed a petition asking officials to name Nashville's airport after her. Plus, her family is sharing more information.
Employee attitudes toward AI are closely tied to their age and generational concerns, according to Glassdoor.
Hospitals, technology firms and other companies could soon be at risk from AI-enabled cyberattacks, according to a new open letter from more than 100 signatories.
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.
Microsoft founder and computer pioneer Bill Gates changed the world forever with his technological innovation. Now, Gates is warning that the development of artificial intelligence without strong oversight and regulation could threaten society as we know it. MIT professor Max Tegmark shares his concerns.
A series of lawsuits accused tech giant Meta of purposefully designing social media apps to entice users and cause social media addiction. Meta will pay out $17 billion in a landmark settlement. CBS News' Jarred Hill reports.
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'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.
The Great Smoky Mountains National Park told visitors Tuesday that invasive Joro spiders "may be hanging in a web near you."
July was the hottest month ever in the Lower 48 States – another escalation of our world into a hotter, more dangerous planet, where extreme weather events – such as heat waves, wildfires and hurricanes – will become more common and more extreme.
July was the hottest month ever in the Lower 48 States, breaking a record last set during the Dust Bowl – just another step in the escalation of our world into a hotter, more dangerous planet. Correspondent Jonathan Vigliotti talks with climate journalist Jeff Goodell and atmospheric scientist Maria Molina about how changes in Earth's climate are increasing the likelihood that extreme weather events – such as heat waves, wildfires and hurricanes – will become more common and more extreme.
Attorneys finalized jury instructions with the judge Friday after witness testimony wrapped Thursday in the trial of Duane Davis, also known as "Keefe D," who's accused of orchestrating the drive-by shooting that killed Tupac Shakur in 1996. Davis has denied the allegations. CBS News' Katrina Kaufman has more.
The jury in the trial of Lindsay Clancy, the woman accused of murdering her three young children, is still deliberating on whether to accept her postpartum psychosis defense. Shanelle Kaul reports and Caroline Polisi provides legal analysis.
British right-wing political commentator Milo Yiannopoulos, who supported President Trump's agenda, is being held by ICE for allegedly overstaying his visa. Nancy Cordes has the details.
Jurors went home for the weekend Friday with deliberations set to resume Monday morning in the trial of Lindsay Clancy. Clancy has admitted to killing her three young children, but is arguing she was suffering from postpartum psychosis. CBS News' Shanelle Kaul has more.
The jury in the Lindsay Clancy murder trial went home Friday after asking questions about Clancy's medication and the knife used in her suicide attempt. CBS News correspondent Shanelle Kaul reports.
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.
The mission to save NASA's sinking space telescope has been called off, dooming the telescope to a fiery reentry later this year.
A NASA spacecraft circling the moon is providing the sharpest views yet of the crater carved by a crashing SpaceX rocket.
The newly discovered object looks like a star the size of our solar system, but produces 100 billion times more energy than any star.
The only total solar eclipse of 2026 crossed the Northern Hemisphere Wednesday, with a path of totality across parts of Greenland, Iceland and northern Spain. See photos and video from the best viewing locations.
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, 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.
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 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.
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
Milo Yiannopoulos placed in ICE custody; Clancy jury still undecided after 9 hours.
Coming up on 25 years since the September 11th terrorist attacks, the effort to bring to justice the alleged mastermind, Khalid Sheikh Mohammed, has hit a major obstacle. CBS News has learned a military judge ruled this week that his confessions made to FBI agents at Guantanamo Bay were not voluntary and cannot be used at his trial, now set for June of 2028. Those FBI agents are featured in an upcoming CBS documentary, "Daughters of 9/11," which airs Friday, September 11, on CBS and Paramount Plus.
Amy and Jamie Shinneman plan to run their fifth marathon together in Sydney, Australia, on Aug. 30 as part of their mission to race all eight Abbott World Marathon Majors. But what sets them apart from other individual runners is that they compete together as a team. Amy has Bethlem myopathy, a rare form of muscular dystrophy, so Jamie pushes her in a racing wheelchair. They hope their story can inspire others with disabilities to chase big dreams, too.
Dan Wolken, senior writer for Yahoo Sports, joins CBS News to preview the upcoming U.S. Open tennis tournament.
Sixty-three years after the March on Washington, thousands gathered Friday in the nation's capitol for a Defend the Vote rally and warned that voting rights are under attack again. Earlier this year, the Supreme Court weakened a key provision of the Voting Rights Act of 1965, making it harder for people to challenge voting maps they argued were racially discriminatory. Tylik McMillan, national director of youth and college for the NAACP and one of the speakers at Friday's march, joins CBS News to talk about the day.