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.
Watch CBS News
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.
For students whose dreams of college hang on whether or not they can scrape together the money, federal aid is a key part of that dream. This year, many were met with frustration as improvements to the application caused a slew of technical glitches and processing delays. Liam Knox, admissions and enrollment reporter for Inside Higher Ed, joins CBS News to examine what went wrong.
There are some indications that prices are falling in some parts of the U.S. economy. This comes after the Federal Reserve's announcement to hold interest rates steady for now. CBS News contributor Javier E. David looks at some key economic indicators as inflation slows slightly.
The Federal Reserve left interest rates unchanged Wednesday after the government announced consumer prices in May rose 3.3% year over year. The central bank has been hesitant to cut rates due to inflation. Ben Casselman, economy reporter for The New York Times, joins CBS News to unpack the data.
The COVID-19 pandemic dislodged the global supply chain, but the vulnerabilities in the system had already been building up for decades. A new book titled "How the World Ran Out of Everything" examines how the health crisis exposed the fragility of a system that was always at risk of collapse. Author Peter Goodman joins to discuss.
The latest data from the Labor Department shows the U.S. added 272,000 jobs in May. The figure was much higher than economists expected, indicating that the market is not slowing down. CBS News senior business and technology correspondent Jo Ling Kent explains what the report means for the Fed's fight against inflation.
A surge of attacks from Yemen's Iranian-backed Houthi rebels on ships traveling through the Red Sea continues to disrupt the global supply chain. U.S. officials say the attacks are driving up prices and delaying critical humanitarian aid deliveries. CBS News reporter Zak Hudak dives deeper into the supply chain effects.
Artificial intelligence is reshaping American life, including changing the investment landscape as AI-related stocks are booming. CBS News' John Dickerson examines some of the best performers to explain which industries make up the AI revolution.
Last week, the University of the Arts in Philadelphia announced it would permanently shut down on Friday. It marks the latest closure among smaller arts and liberal arts schools. CBS News reporter Zak Hudak examines why the closures are happening.
It's no secret that a wave of anonymous donations is partly fueling the presidential race ahead of November. But one mystery from the last election remains unsolved: a $64 million anonymous donation used to help President Biden defeat former President Donald Trump in 2020. CBS News investigative producer Daniel Klaidman sheds light on the "dark money" in the Biden and Trump political campaigns.
It may appear hard to feel lonely at the office, surrounded by colleagues and amid meetings and water cooler breaks. But it turns out a majority of Americans feel quite alone while working, according to a recent survey. Sociologist and writer Tracy Brower joins CBS News to explain why this is happening.
A 529 savings plan can help you put aside money for college expenses that your children or grandchildren can use in the future. CBS News senior business and technology correspondent Jo Ling Kent breaks down the benefits.
The Biden administration argues China subsidizes its products so aggressively and produces them at such scale it undermines other countries' economic output, which should be a global concern. Last week, Treasury Secretary Janet Yellen asked her European counterparts for help. Mark Wu, professor of law at Harvard University, joins CBS News to discuss whether a multi-national approach could produce real results.
Memorial Day travel is already underway for many Americans. CBS News senior transportation correspondent Kris Van Cleave details the fluctuating costs of vacationing this year.
The Justice Department announced Thursday it is suing Ticketmaster and Live Nation, accusing them of monopolizing the live entertainment industry. CBS News homeland security and justice reporter Nicole Sganga joins to unpack the claims.
Paid compensation for chief executives of several Fortune 500 companies has risen dramatically over the last five years, according to a new report from The Wall Street Journal. WSJ writer Theo Francis joins to discuss why it's partly linked to a phenomenon known as the "Musk effect."
The Supreme Court rejected an effort Thursday to undermine the power of the Consumer Financial Protection Bureau. The agency was created after the 2008 financial crisis to protect consumers from unfair practices. CBS News legal contributor Jessica Levinson joins "The Daily Report" to unpack the case.
The Dow Jones Industrial Average hit 40,000 points for the first time Thursday. Well-known brands like Goldman Sachs, Microsoft and United Health fueled the latest milestone. CBS News contributor J.D. Durkin joins "The Daily Report" to discuss what the record mark suggests about the economy.
Robust corporate profits and steady U.S. economic growth are driving stocks to record highs.
A strong labor market and cooling inflation fueled a spike in the Dow Jones Industrial Average that reached 40,000 for the first time. CBS News contributor J.D. Durkin breaks down the numbers.
Inflation declined slightly in April after two straight months of increases, the U.S. Bureau of Labor Statistics announced Wednesday. Jeanna Smialek, Federal Reserve and economy reporter for The New York Times, joins CBS News to unpack the numbers.
U.S. inflation cooled slightly in April, but President Biden says prices are still too high. CBS News executive director of elections and surveys Anthony Salvanto explains how voters feel about rising prices' impact.
The White House announced new tariffs on Chinese imports Tuesday as part of an effort to protect U.S. businesses. William Reinsch, senior adviser at the Center for Strategic and International Studies, joins CBS News to assess the policy changes.
President Biden announced new steps Tuesday to keep China from undercutting U.S. companies. His administration is hiking tariffs on Chinese electric vehicles, semiconductors, batteries, solar cells, steel and aluminum. CBS News chief White House correspondent Nancy Cordes reports.
The stock for video game retailer GameStop closed up 74% on Monday, harkening back to the buying frenzy in January 2021 fueled by traders on Reddit. Martin Baccardax, senior editor and chief markets correspondent for TheStreet, joins CBS News to examine what could be behind the stock's sudden surge.
Iran's Revolutionary Guard says any new U.S. or Israeli attacks will be met with retaliation "in places you cannot even imagine."
Raúl Castro is being indicted on charges related to Cuba's deadly 1996 shootdown of planes operated by humanitarian group Brothers to the Rescue, U.S. officials told CBS News earlier this month.
The $1.776 billion fund, which is part of the agreement to settle Trump's lawsuit against the IRS and Treasury Dept., is to be used to compensate those who claim that the government weaponized the legal system against them.
U.S. Army Sgt. 1st Class and Afghanistan war veteran Jose Serrano told CBS News his wife, Deisy Rivera Ortega, was detained by ICE despite doing the "right thing."
The Supreme Court's term is set to end around the end of June, with decisions on birthright citizenship, transgender athlete bans and gun rights still to come.
Barney Frank, a Democrat who represented Massachusetts in Congress for 32 years, has died. He was 86 years old.
"These subjects did not discriminate in who they hated," said Mark Remily, special agent in charge of the FBI's San Diego Field Office.
The aircraft entered the Washington D.C. Metropolitan Area Special Flight Rules Area, or DC SFRA, around 11:15 a.m. on Tuesday.
Congress' decision not to extend enhanced marketplace tax credits has boosted the appeal of alternative health coverage with lower monthly premiums.
The $1.776 billion fund, which is part of the agreement to settle Trump's lawsuit against the IRS and Treasury Dept., is to be used to compensate those who claim that the government weaponized the legal system against them.
The aircraft entered the Washington D.C. Metropolitan Area Special Flight Rules Area, or DC SFRA, around 11:15 a.m. on Tuesday.
A prosecutor in the trial of a former assistant principal facing criminal charges over a 2023 school shooting said she dismissed concerns about a gun in a student's bag.
Raúl Castro is being indicted on charges related to Cuba's deadly 1996 shootdown of planes operated by humanitarian group Brothers to the Rescue, U.S. officials told CBS News earlier this month.
A survivor of a recent plane crash near Florida was allegedly found with roughly $30,000 inside a bag labeled with the name of a Bahamian politician.
Congress' decision not to extend enhanced marketplace tax credits has boosted the appeal of alternative health coverage with lower monthly premiums.
The national average for a gallon of gasoline has been ticking up since the start of the war with Iran. The latest average of $4.50 a gallon is an increase of over $1.50 since the war started.
A summer job was once a seasonal tradition for millions of American teenagers. No more — here's why fewer young people are expected to clock in when school ends.
Polymarket users can now trade on private companies' valuations, IPOs and secondary market activity.
Buyers can still find lower-cost homes in some midsize cities, especially across the Rust Belt and Sun Belt, a new analysis finds.
Raúl Castro, the brother of longtime dictator Fidel Castro, is being indicted on charges related to Cuba's deadly 1996 shootdown of planes operated by a humanitarian group, U.S. officials told CBS News.
Barney Frank, a Democrat who represented Massachusetts in Congress for 32 years, has died. He was 86 years old.
The $1.776 billion fund, which is part of the agreement to settle Trump's lawsuit against the IRS and Treasury Dept., is to be used to compensate those who claim that the government weaponized the legal system against them.
Raúl Castro is being indicted on charges related to Cuba's deadly 1996 shootdown of planes operated by humanitarian group Brothers to the Rescue, U.S. officials told CBS News earlier this month.
U.S. Army Sgt. 1st Class and Afghanistan war veteran Jose Serrano told CBS News his wife, Deisy Rivera Ortega, was detained by ICE despite doing the "right thing."
WHO chief Tedros Adhanom Ghebreyesus says risks from the Ebola outbreak in Congo and Uganda are "high at the national and regional levels, and low at the global level."
Congress' decision not to extend enhanced marketplace tax credits has boosted the appeal of alternative health coverage with lower monthly premiums.
The State Department on Tuesday strongly urged Americans to avoid travel to Congo, Uganda and South Sudan because of the Ebola outbreak there. More than 130 people have already died. Mark Strassmann has more.
An uptick in people skipping Obamacare premium payments in many states suggests the Affordable Care Act's rising costs are hitting home for 2026 enrollees.
A missionary doctor who was serving in Congo will receive treatment in Germany after testing positive for Ebola. Skyler Henry has the latest.
The pictures represent the longest-distance ever seen between two pictures of the same humpback whale, researchers said.
Raúl Castro, the brother of longtime dictator Fidel Castro, is being indicted on charges related to Cuba's deadly 1996 shootdown of planes operated by a humanitarian group, U.S. officials told CBS News.
China's Xi Jinping welcomed Vladimir Putin in Beijing, touted the countries' "unyielding" ties, and took a loosely veiled jab at Trump's policies.
Raúl Castro is being indicted on charges related to Cuba's deadly 1996 shootdown of planes operated by humanitarian group Brothers to the Rescue, U.S. officials told CBS News earlier this month.
WHO chief Tedros Adhanom Ghebreyesus says risks from the Ebola outbreak in Congo and Uganda are "high at the national and regional levels, and low at the global level."
Actress Michelle Monaghan joins "CBS Mornings" to talk about her 24-hour wellness cycle and why it's important to get quality sleep and consistent energy. (Sponsored by Natrol)
Actor Beanie Feldstein told "CBS Mornings" she and wife Bonnie-Chance Roberts are expecting a baby girl.
Actor Beanie Feldstein talks about the theme of her debut children's book, which focuses on the power of friendship. She also discusses becoming a parent soon and starring in a new film with Robert De Niro.
Rob Cesternino, a 2-time "Survivor" castaway, talks about the upcoming "Survivor 50" finale, who he think will make the final three and who is his favorite to win the game.
Golden Globe-nominated actor Hayden Panettiere shares her story and opens up about life in the spotlight as a young actor, postpartum depression and her healing journey.
The Defense Department says it wants to be "AI-first," but some service members are concerned about how quickly the technology is developing. Chris Livesay reports.
Privacy concerns about artificial intelligence are growing after people discovered that chatbots are sharing their real phone numbers. Eileen Guo, investigative tech reporter for MIT Technology Review, joins to discuss.
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.
A California jury on Monday unanimously dismissed Elon Musk's lawsuit against OpenAI and its top executives. CBS News legal contributor Jessica Levinson breaks down the case.
A California jury on Monday unanimously dismissed Elon Musk's lawsuit against OpenAI and Sam Altman. CBS News senior business and technology correspondent Jo Ling Kent reports.
The pictures represent the longest-distance ever seen between two pictures of the same humpback whale, researchers said.
Independent scientists say the technology, while impressive, lacks some components to be truly considered an artificial egg.
The upcoming El Niño could trigger frequent and widespread flooding in coastal areas around the United States, even when storms aren't actively taking place, scientists warn.
The long-necked herbivore is the largest ever found in Southeast Asia, researchers said.
The last time an El Niño pattern occurred was in 2023, when the Eastern Pacific hurricane season produced 20 tropical systems.
Court records reveal more details about the Mango founder's son, Jonathan Andic, who was arrested Tuesday in connection to his father's 2024 death. Leigh Kiniry reports.
More details are emerging on the victims and two gunmen from the deadly shooting at the Islamic Center of San Diego. Lana Zak reports.
More details are emerging about the shooters who attacked the Islamic Center of San Diego on Monday, where three people died. CBS News' Lana Zak reports.
New details are coming out about the victims in Monday's shooting at the Islamic Center of San Diego. Lana Zak reports.
Police and federal authorities are working to piece together the events leading up to Monday's deadly shooting at the Islamic Center of San Diego, as well as what exactly happened during the attack. CBS News' Anna Schecter has the details.
The International Space Station-bound SpaceX Cargo Dragon is loaded with 6,500 pounds of needed equipment, research gear and crew supplies.
Researchers expected to find "a gradual increase in artificial light at night," but instead saw "much more nuanced patterns," NASA said.
NASA's Psyche spacecraft will slingshot past Mars on Friday, on its way toward a rare metal-rich asteroid.
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."
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.
Trump ally and former administration official Michael Caputo has filed a claim to obtain money from the "anti-weaponization" fund established by the Justice Department following a settlement with President Trump. CBS News' Katrina Kaufman reports.
Court records reveal more details about the Mango founder's son, Jonathan Andic, who was arrested Tuesday in connection to his father's 2024 death. Leigh Kiniry reports.
The Justice Department is expected to announce criminal charges against Cuba's former leader Raúl Castro, sources tell CBS News.
Several states held primaries on Tuesday, and some of President Trump's endorsements appear to have made a difference. CBS News' Ed O'Keefe, Taurean Small and Anthony Salvanto report.
On this edition of CBS Mornings Deals, we show you items that might just become essentials in your everyday life. Visit cbsdeals.com to take advantage of these exclusive deals today. CBS earns commissions on purchases made through cbsdeals.com.