Here's how much income it takes to be considered rich in your state
The income needed to join your state's top earners can vary considerably, from a low of $329,620 annually in West Virginia to $719,253 in Washington D.C.
The income needed to join your state's top earners can vary considerably, from a low of $329,620 annually in West Virginia to $719,253 in Washington D.C.
It takes substantially more money to be considered an ultra high net worth individual.
American women have pulled ahead of men when it comes to building wealth through homeownership, according to LendingTree.
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.
It's not the first time Henson has spoken out on this topic, revealing that she only made $150,000 for her Academy Award-nominated role in "The Curious Case of Benjamin Button."
There is a disconnect in most U.S. markets of how much money people are earning, and how much it would cost to buy a home. CBS MoneyWatch associate managing editor Aimee Picchi joins CBS News with data on how much houses cost in major cities around the country.
Americans were able to save more money during the pandemic because they were spending less due to lockdown restrictions, but new data from the Federal Reserve shows that excess money has now run out for most people. Alex Tanzi, a senior editor for the U.S. economy team at Bloomberg, joined CBS News to discuss how the rich have gotten richer and everyone else has, at best, what they had before the coronavirus pandemic.
High prices and interest rates are still weighing on personal budgets.
The most disadvantaged communities around the U.S. are rural and suffer from a history of injustice, a new book finds.
Students from middle-income families are the least likely to gain admission to elite universities in the U.S., Harvard researchers say.
There are now about 130 guaranteed income pilot programs in the U.S., offering monthly stipends of anywhere from $50 to $1,500, according to data from the Economic Security Project.
Five reports released this week outline the ways race-based discrimination continues to pervade society.
A new study suggests ways the IRS could solve an algorithmic bias that has harmed low-income and Black taxpayers.
Tax cuts enacted under President Donald Trump have allowed rich to become richer while national debt has soared.
With COVID accelerating the arrival of the ultra-wealthy, Teton County in Wyoming is now home to the widest income divide in America, with a median house price of more than $3.5 million, squeezing out the middle class.
The state of Louisiana and a group of Black voters and civil rights groups asked the Supreme Court to intervene in a long-running dispute over the state's congressional map.
New Jersey Sen. Bob Menendez may argue his wife kept him in the dark about her dealings with three businessmen.
The U.S. Coast Guard is responding to the oil spill, and will determine its extent and initiate "containment and cleanup processes."
Slovakia's populist Prime Minister Robert Fico was shot as he came out of a meeting and reportedly left in a life-threatening condition.
The president and vice president are required to file public financial reports.
President Biden and former President Donald Trump will go head-to-head in presidential debates on June 27 and Sept. 10, their campaigns said Wednesday.
The 12-second execution of the alleged theft took months to plan, federal prosecutors said.
The U.S. began moving pieces of the military pier toward Gaza on Wednesday, and it's expected to be operational in days.
Bryan Maclean Howard was charged with eight counts of driving under the influence manslaughter in a deadly Florida bus crash.
Officials are "unsure where the crash started or where it ended," Williamson County Sheriff Mark Elrod told reporters.
A new study finds hospitals with a higher share of women surgeons and and anesthetists shave better patient outcomes.
The report also highlights the financial destruction that can occur when workers take unpaid time off after being hurt or tired from the job.
The president and vice president are required to file public financial reports.
Ransomware attack targeted a Nissan virtual private network, the automaker's U.S. subsidiary said.
The report also highlights the financial destruction that can occur when workers take unpaid time off after being hurt or tired from the job.
Ransomware attack targeted a Nissan virtual private network, the automaker's U.S. subsidiary said.
Experts call for better drug testing procedures as more states legalize marijuana and societal norms change.
McDonald's CEO Chris Kempczinski said recently the company must be laser-focused on keeping prices affordable.
What's the best place to park your money? Americans put their faith in this long-term investment, a new Gallup poll shows.
The president and vice president are required to file public financial reports.
The state of Louisiana and a group of Black voters and civil rights groups asked the Supreme Court to intervene in a long-running dispute over the state's congressional map.
Minnesota Senate Republicans on Wednesday attempted to expel embattled DFL Sen. Nicole Mitchell from the chamber Wednesday, in the wake of accusations she broke into her stepmother's home last month, but that effort failed.
New Jersey Sen. Bob Menendez may argue his wife kept him in the dark about her dealings with three businessmen.
The U.S. began moving pieces of the military pier toward Gaza on Wednesday, and it's expected to be operational in days.
A new study finds hospitals with a higher share of women surgeons and and anesthetists shave better patient outcomes.
Experts call for better drug testing procedures as more states legalize marijuana and societal norms change.
Opioid overdose deaths decreased, but there was an increase in overdose deaths from psychostimulants like meth and cocaine.
Nurse practitioners have been viewed as a key to addressing the shortage of primary care physicians. But data suggests that, just like doctors, they are increasingly drawn to better-paying specialties.
Nearly 4,000 people die from accidental drowning ever year, according to the CDC.
Tens of thousands of people gathered in the Georgian capital of Tbilisi to protest the law's passage.
The U.S. began moving pieces of the military pier toward Gaza on Wednesday, and it's expected to be operational in days.
Extreme heat is known as a "silent killer," and in some areas across Asia, its intensity would have been impossible without one critical factor, a new study found.
Assailants killed 2 prison convoy officers, springing the inmate they were escorting. France's prime minister vowed the suspects "will pay."
In Kyiv, Secretary of State Antony Blinken announced $2 billion in new financing for Ukraine to aid weapons delivery and fuel Ukraine's defense industrial base.
Whoopi Goldberg described the book as a way to dispel speculations about her upbringing and to share her story on her own terms.
Brittney and Cherelle Griner shared videos from their baby shower exclusively with "CBS Mornings."
"Young Sheldon" will end its seven-year run with a two-episode series finale on Thursday, May 16, beginning at 8/7c on CBS.
Actor Iain Armitage joins "CBS Mornings" to discuss the series finale of the hit CBS show, "Young Sheldon."
Whoopi Goldberg joins "CBS Mornings" to talk about her new memoir, "Bits and Pieces." The book is a revealing look at the EGOT winner's relationship with her mother, Emma Johnson, and her brother, Clyde.
The Innovation & Disruption Leaders documentary series transforms corporate buzzwords like 'tech' and 'AI' into accessible concepts. Through the power of visual storytelling, we delve into the minds of industry leaders, executives and entrepreneurs alike. Who will decide the destiny of tomorrow's business landscape? By putting business in front of the camera, these incredible films get us one step closer to the answer.
A group of TikTok creators is suing to stop a new law that could ban the social media app in the U.S. The legal challenge follows another lawsuit filed by TikTok and its China-based owner.
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.
Google's highly-anticipated, annual developer conference began Tuesday. The event focused mainly on the company's artificial intelligence advancements. Lisa Eadicicco, senior mobile editor for CNET, joins CBS News with highlights.
The business collaboration tool will be phased out over the next year as Meta focuses on AI and the metaverse.
A new study suggests that the first warm-blooded dinosaurs may have roamed Earth about 180 million years ago.
Extreme heat is known as a "silent killer," and in some areas across Asia, its intensity would have been impossible without one critical factor, a new study found.
Millions of Americans looked to the night sky and snapped magical photos and videos of the northern lights this past weekend during the momentous geomagnetic storm.
Scientists who study such things have found that cicadas urinate in a jet stream because they consume an incredible volume of fluid during their brief time above ground.
Solar storms can dazzle, bringing displays of the northern lights to large parts of the globe. But geomagnetic storms can also affect electronic systems.
Assailants killed 2 prison convoy officers, springing the inmate they were escorting. France's prime minister vowed the suspects "will pay."
Bryan Maclean Howard was charged with eight counts of driving under the influence manslaughter in a deadly Florida bus crash.
The bloodshed in Chiapas marks at least the fourth mass killing in Mexico in about a week.
Florida officials say a "vessel of interest" has been identified in connection with a deadly hit and run that killed a 15-year-old ballerina who was waterskiing over the weekend. Cristian Benevides has the details.
Ippei Mizuhara, the former interpreter of Los Angeles Dodgers player Shohei Ohtani, is expected to enter a not guilty plea Tuesday to bank fraud and tax charges that he allegedly illegally transferred almost $17 million from the baseball star's bank account. However, the not guilty plea is a formality, as federal prosecutors previously announced that Mizuhara will plead guilty at a later date as part of a plea deal. CBS News' Adam Yamaguchi reports.
The large explosion of energy and light from the sun comes just days after Earth was slammed with the biggest geomagnetic storm in more than 20 years.
WASP-193b is 50% larger than Jupiter — the largest planet in our solar system — but seven times less massive because of it's extraordinarily low density.
Millions of Americans looked to the night sky and snapped magical photos and videos of the northern lights this past weekend during the momentous geomagnetic storm.
The oxygen valve that derailed a launch try last week has been replaced, but engineers want more time to verify an unrelated helium leak has been fixed.
The forecasted conditions come after a weekend of jaw-dropping northern lights seen as far south as Florida and as "magnetically complex" sunspots bigger than Earth continue to emit solar flares.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
A look back at the hallowed career of the indie "B-movie" filmmaker, known for exploitation films, monster flicks, and some bizarre movie posters.
Despite losing three quarters of the blood in her body, Donna Ongsiako was able to help police find the person who almost took her life.
The Francis Scott Key Bridge in Baltimore collapsed early Tuesday, March 26 after a column was struck by a container ship that reportedly lost power, sending vehicles and people into the Patapsco River.
When Tiffiney Crawford was found dead inside her van, authorities believed she might have taken her own life. But could she shoot herself twice in the head with her non-dominant hand?
President Biden and former President Donald Trump have agreed to debate in June and September. The announcement came after a flurry of social media posts and competing proposals between the two. CBS News chief Washington correspondent Major Garrett unpacks how everything came together.
Chris Nikic recently became the first person with Down syndrome to complete all six of the world's top marathons, earning the coveted six-star medal after completing the Tokyo marathon in March.
Minneapolis Police Chief Brian O'Hara says his department is short more than 200 officers, one of many cities facing officer shortages nationwide. But in Minneapolis, the hurdle is more than just manpower, it is trust too, nearly four years after the murder of George Floyd by a Minneapolis police officer. Scott MacFarlane has more.
The Supreme Court on Wednesday said it will allow Louisiana to use a congressional map in November that includes a second district where the majority of voters are Black, giving them the opportunity to elect their favored candidate. Nikole Killion reports.
Interpol has issued a worldwide red alert for "France's most dangerous man." A drug dealer known as "The Fly" is on the run after a deadly ambush and brazen prisoner escape. Chris Livesay has details.