The more wealth you have, the happier you get, research finds
Multimillionaires are much happier than the merely well off, suggesting life satisfaction continues to improve the wealthier you are.
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Multimillionaires are much happier than the merely well off, suggesting life satisfaction continues to improve the wealthier you are.
The Commerce Department says the nation's gross domestic product, or GDP, rose at an annual rate of 2.8% from April through June. That's more than the 1.9% rate economists had expected for the second quarter. Jeff Stein, White House economics reporter for The Washington Post, joins CBS News to explain what the GDP growth says about the economy, and how the Federal Reserve could read the data.
In a presidential race all about age, what does a younger candidate at the top of the Democratic ticket do to energize the youth vote? CBS News senior business and tech correspondent Jo Ling Kent explains.
While the final months of a president's time in office are known as the "lame duck period," President Biden made it clear to the country Wednesday night that he has a lot more to accomplish prior to Jan. 20. Secretary of Commerce Gina Raimondo, possible vice presidential contender for Kamala Harris, joins "America Decides" to unpack the administration's plans for the next six months as well as Harris' VP search.
The U.S. economy grew more than expected in the second quarter of 2024, according to new data, although it is still down compared to the second half of last year. CBS News senior business and tech correspondent Jo Ling Kent breaks down the numbers.
The U.S. economy grew more than expected in the second quarter of 2024, according to the latest gross domestic product data. Jeanna Smialek, a Federal Reserve and U.S. economy reporter with The New York Times, joins CBS News with more.
Consumer spending helped drive growth despite cost-of-living expenses that have spiked across the country.
Immigration and the economy are among some of the key issues for voters in the 2024 election. Now, a new report from the nonpartisan Congressional Budget Office suggests that migrants coming to the U.S. could help the country's financial situation. CBS News immigration and politics reporter Camilo Montoya-Galvez joins to unpack the findings.
Economists and investors assess the impact of Biden's decision to withdraw from U.S. presidential race on everything from economy to stock market.
Although Donald Trump vows to bring U.S. prices down "very quickly," some economists say his policies could rekindle inflation. Here's what to know.
Vice President Harris spoke Thursday morning, criticizing the Republican National Convention's messaging and her newly nominated opponent, Sen. JD Vance, who gave his first major speech Wednesday night after being announced as former President Donald Trump's running mate. CBS News chief Washington correspondent Major Garrett joins with analysis.
Former President Donald Trump revealed more about his policy vision in an interview with Bloomberg Businessweek conducted in June and released this week. Trump said he wants to lower the corporate tax rate to 15% if he returns to the White House. CBS News chief election and campaign correspondent Robert Costa has more.
According to most voters, the state of the U.S. economy is a widespread problem. Neil Malhotra, professor of political economy at the Stanford University Graduate School of Business, joins CBS News to discuss what's fueling so many Americans' anger, and what policies may fix it.
Support for organized labor is at a high not seen since the 1960s, with 71% of Americans saying they approve of unions, according to Gallup.
Nikki Haley will speak at the Republican National Convention on Tuesday night after refusing to endorse former President Donald Trump when she dropped out of the 2024 race. Matt Gorman, a Republican strategist who served as a senior adviser to Sen. Tim Scott's presidential campaign, joins "America Decides" with analysis.
CBS News fact checked some of the statements made by GOP speakers at the first night of the 2024 RNC, where Donald Trump is accepting the GOP presidential nomination.
A growing number of Gen Z Americans are living at home even after they graduate from college. According to a Business Insider report, parents are financially supporting their adult children well into their 20s in this tough economy. Eve Upton-Clark, freelance features writer for Business Insider, joins CBS News with more.
Project 2025, the plan from the conservative think tank Heritage Foundation, aims to overhaul several portions of the federal government. Some of the proposed changes include a restructuring of the tax code. Howard Gleckman, senior fellow at the Urban Institute, joins CBS News to examine the plan's potential impacts and practicality.
Two major stock indexes, the S&P 500 and Dow Jones Industrial Average, are up over 15% compared to a year ago. Financial analysts point to this as an example of the U.S. economy's health, but the benefits are not accessible to all Americans. CBS News' Lindsey Reiser explains.
Labor Department data released Thursday showed the annual inflation rate cooled from 3.3% in May to 3% in June. That's lower than the 3.1% rate some economists had projected. Jeanna Smialek, Federal Reserve and U.S. economy reporter for The New York Times, joins CBS News to unpack the report.
Inflation slowed in June more than expected, according to the latest CPI report. CBS News contributor Javier E. David breaks down the numbers and what they might mean for interest rates.
The U.S. added 206,000 new jobs in June, marking a slight cooling in the labor market, but still a sign that hiring remains strong. Michael George has more on what this could mean for interest rates moving forward.
The U.S. added 206,000 jobs in June and the unemployment rate rose to 4.1%, according to new data from the Labor Department's Bureau of Labor Statistics. CBS News senior business and technology correspondent Jo Ling Kent breaks down the numbers and if they mean a potential interest rate cut in the fall.
As countries around the world experiment with shorter work weeks, Greece has taken a step in the opposite direction.
The U.S. economy added 206,000 jobs in June, according to data released by the Bureau of Labor Statistics. Acting Labor Secretary Julie Su joined CBS News to discuss the June jobs report as well as the ongoing questions about President Biden's health.
Federal agents in Minneapolis shot and killed a 37-year-old man in south Minneapolis Saturday morning.
As millions of Americans hunker down for the winter storm, 18 states and Washington, D.C., have declared states of emergency.
Sens. Chris Murphy and Alex Padilla have spent the past two days calling colleagues to whip opposition to the DHS funding bill, according to a source familiar with the process.
The 37-year-old man killed by a federal officer in Minneapolis is identified by his family as Alex Jeffrey Pretti, an intensive care nurse who was "very upset with what was happening" in the ICE crackdown.
A man is dead after a shooting in Minneapolis on Saturday involving federal immigration agents from Customs and Border Protection. Here's what we know so far.
Minneapolis business owners and community members were among the crowd of protesters in sub-zero temperatures following the deadly shooting of 37-year-old Alex Pretti.
Canada this month negotiated a deal to lower tariffs on Chinese electric vehicles in return for lower import taxes on Canadian farm products.
More than 200 million people are under winter storm threats as officials brace for power outages and travel difficulties.
Alex Honnold also famously climbed Yosemite's El Capitan without any ropes or safety gear in 2017.
Kevin Jiang, 26, a Yale graduate student and former Army National Guardsman, was gunned down in New Haven, Connecticut. What appeared to be a road rage incident soon unraveled into a story of obsession and premeditation.
Thursday marks a year since an Army Black Hawk helicopter collided in midair with an American Airlines plane. The NTSB is expected to rule on the probable cause.
Minneapolis business owners and community members were among the crowd of protesters in sub-zero temperatures following the deadly shooting of 37-year-old Alex Pretti.
Sens. Chris Murphy and Alex Padilla have spent the past two days calling colleagues to whip opposition to the DHS funding bill, according to a source familiar with the process.
The 37-year-old man killed by a federal officer in Minneapolis is identified by his family as Alex Jeffrey Pretti, an intensive care nurse who was "very upset with what was happening" in the ICE crackdown.
Only one in four Americans has a credit score above 800, which is considered exceptional, according to industry data.
Facing pressure from President Trump, credit card issuers are exploring ways to ease borrowing costs.
Federal safety regulators warn that home heating equipment can spark fires or emit carbon monoxide. Here's what to know.
Cold weather can reduce the efficiency of electric vehicles, shortening their driving range. These tips can help.
Other Tesla vehicles also struggled to attract buyers, with sales of its X, S and Y models all sinking from the previous year.
Rep. Maxwell Frost, a Florida Democrat, said a man told him "Trump was going to deport me before he punched me in the face."
Sens. Chris Murphy and Alex Padilla have spent the past two days calling colleagues to whip opposition to the DHS funding bill, according to a source familiar with the process.
Tension remains high between Iran and the U.S. in the wake of a bloody crackdown on protests.
Canada this month negotiated a deal to lower tariffs on Chinese electric vehicles in return for lower import taxes on Canadian farm products.
Minnesota Attorney General Keith Ellison said he has seen "no evidence" of a federal investigation into the fatal shooting of Renee Good by an ICE officer earlier this month.
Cassandra King was thrilled to be pregnant after years of fertility struggles and multiple miscarriages. Then a sudden cardiac event threatened everything.
After a year of ongoing measles outbreaks that have sickened more than 2,400 people, the United States is poised to lose its status as a measles-free country.
An infectious disease physician and former CDC official said he does not "have faith" that the U.S. is "handling measles very well."
A review of studies published in The Lancet found no link between acetaminophen use during pregnancy and autism, contradicting the Trump administration's recent claims.
Lacy Cornelius Boyd needed IV nutrition and an ileostomy bag after a devastating car crash. A rare transplant was her only option.
Alex Honnold also famously climbed Yosemite's El Capitan without any ropes or safety gear in 2017.
The talks are the first known instance that officials from the Trump administration have sat down with Russia and Ukraine.
Tension remains high between Iran and the U.S. in the wake of a bloody crackdown on protests.
Canada this month negotiated a deal to lower tariffs on Chinese electric vehicles in return for lower import taxes on Canadian farm products.
The Sydney shark attack that killed Nico Antic was one of four recorded in the span of two days.
A 900-pound Kermit the Frog took a journey from Hollywood to Atlanta. Brian Unger has the story.
Massachusetts-based Lily Fitts originally gained a following for her viral song covers, which were shared by artists like The Lumineers and Noah Kahan. Her debut album "Getting By" captured attention for its honest and raw lyrics, and she's got more coming soon. Here's Lily Fitts performing "Beat Me To It."
Massachusetts-based Lily Fitts originally gained a following for her viral song covers, which were shared by artists like The Lumineers and Noah Kahan. Her debut album "Getting By" captured attention for its honest and raw lyrics, and she's got more coming soon. Here's Lily Fitts performing "Brown Eyed Baby."
Massachusetts-based Lily Fitts originally gained a following for her viral song covers, which were shared by artists like The Lumineers and Noah Kahan. Her debut album "Getting By" captured attention for its honest and raw lyrics, and she's got more coming soon. Here's Lily Fitts performing "Lose You Now."
Madison Beer says music has always been her escape since she started writing songs at just 6 years old. But the 26-year-old has had to navigate ups and downs in her journey to stardom. Anthony Mason reports.
Microsoft services were down for thousands of users, according to tracking service Downdetector.
Snapchat's parent company, Snap Inc., settled a lawsuit surrounding allegations of social media addiction burdening users. CBS News' Shanelle Kaul reports.
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.
The billionaire CEO of Tesla and SpaceX, in his first appearance at Davos, said Tesla could start selling its Optimus robots next year.
YouTube says it wants to get rid of fake AI videos flooding social media feeds on its platform. CBS News MoneyWatch correspondent Kelly O'Grady explains what's driving the change.
"CBS Saturday Morning" learns more about Veronika, the clever cow who figured out multiple ways to scratch herself with a broom. It was the first time a cow was seen using a tool.
"Sunday Morning" looks back at historical events on this date.
The Dinosaur National Monument, which is located on the border between Colorado and Utah, was last excavated in 1924.
Have you ever wondered if your dog is eavesdropping on you? A new study published in the Journal of Science found that some dogs are not only listening, but are also learning words. Lead scientist Dr. Shany Dror joins CBS News to discuss.
Fossilized bones and teeth dating to 773,000 years ago are providing a deeper understanding of the emergence of Homo sapiens.
Kevin Jiang, 26, a Yale graduate student and former Army National Guardsman, was gunned down in New Haven, Connecticut. What appeared to be a road rage incident soon unraveled into a story of obsession and premeditation.
Drew Evans, the superintendent of the Minnesota Bureau of Criminal Prevention, spoke after federal agents killed a Minneapolis man on Saturday. Evans said federal investigators blocked his agency's access to the shooting scene.
Trump administration officials are denying accounts from witnesses who say they saw what occurred during a Minnesota ICE raid where a 5-year-old boy and his father were detained.
At a pretrial hearing on Friday, a judge set the date for jury selection in the case of Luigi Mangione, who is accused of killing UnitedHealthcare CEO Brian Thompson. CBS News legal reporter Katrina Kaufman was in the courtroom and has the details.
CBS News has obtained video of the moment FBI agents escorted former Olympic snowboarder and accused drug kingpin Ryan Wedding off a plane in California. CBS News' Anna Schecter has the details.
Virgin Galactic is sending an all-female research team to space. Kellie Gerardi, who is leading the crew, joins "CBS News 24/7 Mornings" to discuss the goals of the mission.
Inch by inch, NASA's Artemis II moon rocket lumbered along its four-mile commute from the Vehicle Assembly Building to launch pad 39-B. Mark Strassmann is at the Kennedy Space Center in Florida with more.
Four Artemis II astronauts plan to fly around the moon and back next month, traveling farther from Earth than any humans before them.
NASA is beginning its rollout of its Space Launch System rocket and Orion spacecraft as preparations for the Artemis II mission enter their final stage.
Depending on the timing, NASA could launch a fresh crew to the space station while four other astronauts are flying around the moon.
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.
A 900-pound Kermit the Frog took a journey from Hollywood to Atlanta. Brian Unger has the story.
President Trump shocked NATO partners in an interview with Fox News this week about U.K. veterans and fallen soldiers in Afghanistan. He walked back the comments on Truth Social. Haley Ott has more details.
President Trump insults the Canadian prime minister, calling him "Governor Mark Carney," as he threatens new tariffs against the country. Willie James Inman has the details.
The winter storm's impact on travel grew by the hour on Saturday. Airlines have already canceled more than 10,000 flights this weekend and counting. Ali Bauman reports from Newark Liberty International Airport.
The slow-moving monster storm hit the southern plains on Saturday, and in Oklahoma City, it arrived with extreme cold. Jason Allen has more on the storm.