Where $1M in retirement savings will last the longest around the U.S.
How far retirees are able to stretch their savings depends largely on where they choose to settle down, one analysis shows.
Finance
New student loan cancelations announced
The Biden administration on Friday said it's canceling $7.4 billion in student debt for 277,000 borrowers. CBS News senior White House and political correspondent Ed O'Keefe has the latest on potential challenges to the president's plan.
Vietnam property tycoon sentenced to death in $27 billion fraud case
A Vietnam court sentenced developer Truong My Lan to death for swindling billions from a bank, saying she "eroded people's trust" in the ruling Communist Party.
What does high March inflation mean for Fed?
The annual inflation rate hit 3.5% in March, the highest since September. Martin Baccardax, senior editor and chief markets correspondent at "TheStreet," joins CBS News to examine what's behind the increase and what it means for interest rate cuts.
Americans turn to 211 amid economic hardships
The Wall Street Journal reports Americans are turning to social services helpline 211 in economic emergencies. Rachel Wolfe, consumer trends reporter for The Wall Street Journal, joins CBS News to discuss.
Inflation hotter than expected in March
The Consumer Price Index rose 0.4% last month largely due to the cost of rent and gas. Prices are up 3.5% over the past 12 months, and the latest numbers cast doubt on interest rate cuts. CBS News business analyst Jill Schlesinger has more.
Why are gold prices suddenly rising?
The buying price of gold futures has hit multiple record highs this year, rising more than 14% in value since Jan. 2. Campbell Harvey, professor of finance at Duke University, joins CBS News to explain what's motivating buyers.
State of U.S.-China relations amid Yellen trip
Treasury Secretary Janet Yellen held economic talks with Chinese officials in Beijing over the weekend, calling them "productive, direct and extensive." Scott Kennedy, senior adviser at the Center for Strategic and International Studies, joins CBS News to assess what Yellen's trip to Beijing will mean for the relationship between the world's largest economies.
What's next for Disney after board fight?
Disney stockholders gave the company's current leadership a win on Wednesday, reelecting all 12 board members and rejecting two hedge funds that fought for seats. Brooks Barnes, senior staff writer for The New York Times, joins CBS News to discuss what the results mean for the company's future.
Tesla stock falls 5% as quarterly sales drop
Tesla has reclaimed the title of largest electric vehicle seller in the world, so why did its stock fall 5% on Tuesday? Rebecca Elliott, reporter for The Wall Street Journal, joins CBS News to discuss.
California gets new fast food minimum wage
Fast food workers in California will now earn a minimum of $20 an hour. CBS News correspondent Carter Evans has more details. Then, economy and labor journalist Margot Roosevelt joins to discuss what the wage changes mean for the industry and Californians.
Early 401(k) withdrawals hit record high
A recent report by Vanguard reveals a record number of Americans took early withdrawals from their 401(k) retirement savings in 2022 and 2023, signaling a concerning trend.
Maximizing your tax refund
As the tax season progresses, the IRS reports having received over 71.5 million tax returns, already issuing more than 49 million refunds to Americans. With the average refund amounting to $3,109, CBS News business analyst Jill Schlesinger offers advice on how Americans can make the most of their tax refund.
Sam Bankman-Fried apologizes at sentencing
A judge sentenced disgraced FTX founder Sam Bankman-Fried to 25 years in prison Thursday. A jury convicted the 32-year-old of fraud and conspiracy in November. CBS News national correspondent Errol Barnett reports.
Here's how much you have to make to afford a starter home in the U.S.
The annual income needed to afford even a basic home in the U.S. has risen sharply since the pandemic, a new report shows.
Where Biden and Trump stand on labor issues
President Biden and former President Donald Trump are vying for an endorsement from the Teamsters union. Justin Wolfers, professor of public policy and economics at the University of Michigan, joins CBS News to discuss how each candidate's labor policies may affect American workers.
Reddit stock surges in first day of trading
Reddit made its stock market debut Thursday, raking in about $519 million by the closing bell. Hope King, senior business reporter at Axios, joins CBS News to discuss what investors might find attractive about the social media company.
3/19: CBS Morning News
Trump loses bid to block Michael Cohen, Stormy Daniels' testimony in "hush money" trial; how to know when to file joint or separate taxes.
Expert tips for a financial spring cleaning
With the arrival of spring, it's the perfect time to declutter your finances and address pressing financial matters. CBS News business analyst Jill Schlesinger offers expert advice on how to refresh and organize your financial life.
3 things to do before your CD matures
Is your CD account approaching its maturity date? Then consider making these three smart moves now.
Does CD laddering still make sense or should you lock in a long-term rate now?
CD laddering can help you maximize your returns and ensure liquidity, but is the right move to make today?
How immigration contributes to job growth
A new study by the Brookings Institution examines the role immigration has played in allowing the U.S. job market to grow faster without stoking inflation. Betsey Stevenson, professor of public policy and economics at the University of Michigan, joins CBS News to explain how migrants contribute to job growth and U.S. demand.
Warning signs for Biden, Trump in Georgia
A recent CBS News poll found that 48% percent of Georgia voters say they were better off financially under former President Donald Trump's policies. In comparison, 22% say they are better off under President Biden's. Political advisers Ashley Etienne and Olivia Perez Cubas join "America Decides" to assess the findings and what they mean for the candidates.
How Fed could react to hot February inflation
Consumer prices climbed again in February, according to a new U.S. Bureau of Labor Statistics report. Jeanna Smialek, Federal Reserve and economy reporter for The New York Times, joins CBS News to discuss if the increase could change the Fed timeline for a rate drop.
U.S. adds more jobs than expected in February
The U.S. added 275,000 jobs in February, exceeding economists' expectations. Meanwhile, the unemployment rate jumped to its highest level in over two years. Javier David, managing editor for business and markets at Axios, joins CBS News to examine the numbers.
California couple at center of surrogacy scandal arrested
Live
Iran's Houthi allies deny losing ground as Mideast crisis engulfs Yemen
Investigation
The life and travels of an alleged Chinese agent in the U.S.
U.S. troops on Okinawa facing curfew, alcohol ban after murder charge vs. Marine
Christa Pike is conscious, speaking after botched execution, attorneys say
Exclusive
Former Cornell frat members ask university to clear their names
Fort Hood shooter Nidal Hasan to be executed Dec. 3, email states
In Maine Senate debate, Collins and Jackson both criticize Trump — but spar over how
