Wealth inequality in America just hit its widest gap in 3 decades
Nearly one-third of U.S. household wealth was held by the top 1% in the third quarter of 2025.
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Nearly one-third of U.S. household wealth was held by the top 1% in the third quarter of 2025.
Proposed California ballot initiative would impose a one-time 5% tax on billionaires, with the revenue funneled toward health care and education.
The percentage of Americans just scraping by financially is rising as wage growth slows and inflation flares, Bank of America finds.
The shape of economic growth this year highlights the widening gap between wealthy Americans and everyone else, economists say.
Dr. Mona Hanna created Rx kids, a program that gives cash to pregnant moms with no strings attached.
The new book "The Idea of America" hopes to narrow growing divisions among Americans. Author Darren Walker, outgoing president of the Ford Foundation, joins "The Takeout" to discuss how there is more that unites us than divides us.
America's affordability crisis is getting worse. Average Americans are struggling to afford rent, groceries and transportation. Elise Preston reports on the economic struggle many face to even leave their home.
A teacher, a police officer and a senior job seeker share the stress and frustration of trying to stay afloat amid surging costs.
A new tax proposal backed by President Trump would give the biggest benefits to the top earners, while cutting support for the poor. If the promised growth doesn't come, the most vulnerable will pay the price. "CBS Evening News" co-anchor John Dickerson explains.
Americans are sharing their struggles to make ends meet in CBS News' series, "The Cost of Living." A rookie cop in Connecticut talks about the challenges of buying his first home.
In a recent CBS News poll, two out of three Americans said they're stressed about their own finances, while three out of four said their incomes are not keeping up with inflation. A single mom of three shows what it's like to make ends meet on a teacher's salary of $37,000.
Top households are grabbing a larger share of the nation's wealth, a trend experts say could accelerate due to tax cuts and tariffs, experts say.
Homelessness in the U.S. jumped 18.1% this year, hitting a record level, with the dramatic rise driven mostly by a lack of affordable housing and devastating natural disasters, officials say. Lilia Luciano has the story.
Multimillionaires are much happier than the merely well off, suggesting life satisfaction continues to improve the wealthier you are.
Teton County's $108,000 median income is still not enough to afford the $7 million average cost for a home in Jackson Hole.
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.
The Iran war is nearing the three-week mark as about 2,200 more U.S. Marines and three more warships are headed toward the region, two U.S. officials say.
As Florida moves homeowners' policies out of its state-run insurer of last resort, insiders question one new company's finances.
Chuck Norris' family said his death at 86 was sudden, but did not share any other information.
The Trump administration argued that Harvard unlawfully discriminated against Jewish and Israeli students, in violation of federal civil rights law.
Wait times at major U.S. airports continue as TSA officer callouts mount after employees missed their first full paycheck last week.
Police in Barcelona said the death of Jimmy Gracey, a University of Alabama student from Illinois who went missing on vacation, was likely an accident.
Advocates said the Van Nuys building looked like an example of "clustering" — a red flag for hospice fraud.
Few Americans feel they know a lot of the specifics about the SAVE Act.
The first Marine Expeditionary Unit, which is coming from the Pacific, is still making its way toward the region
Wait times at major U.S. airports continue as TSA officer callouts mount after employees missed their first full paycheck last week.
Experts warn that surging energy costs are likely to ripple through U.S. supply chains, resulting in higher prices online and in stores.
The first Marine Expeditionary Unit, which is coming from the Pacific, is still making its way toward the region.
Chuck Norris' family said his death at 86 was sudden, but did not share any details on the cause.
In his latest book, the New York Times bestselling author writes of a cultural crisis: an increase in anxiety and depression, concurrent with a rise in social media use, during what he terms an "Age of Emptiness."
Experts warn that surging energy costs are likely to ripple through U.S. supply chains, resulting in higher prices online and in stores.
As Florida moves homeowners' policies out of its state-run insurer of last resort, insiders question one new company's finances.
The FCC announced Thursday that it had approved the $6.2 billion merger of major broadcast station owners Nexstar and Tegna.
Mortgage rates, though still well below their level a year ago, have edged up since the Iran war erupted. Here's why.
Domestic energy companies could benefit from high oil prices in the short-term, but take a hit if the Iran war drags on.
The United Nations' top nuclear watchdog, IAEA Director-General Rafael Grossi, told CBS News that Iran still has the technical ability to restart its nuclear program, even though U.S. military strikes dented the program.
The first Marine Expeditionary Unit, which is coming from the Pacific, is still making its way toward the region.
The Trump administration argued that Harvard unlawfully discriminated against Jewish and Israeli students, in violation of federal civil rights law.
A 31-year-old Georgia woman has charged with murder by police who say she took pills to induce an abortion.
The Justice Department says it has shuttered four websites that were allegedly used by Iranian government-linked groups to post hacked information and threaten regime critics.
A judge blocked a set of changes to the childhood vaccine schedule recommended by allies of Health and Human Services Secretary Robert F. Kennedy, dealing a setback to the Trump administration's efforts to overhaul federal vaccine policy.
Patchwork state policies and limited federal oversight have led to a fragmented system for tracking organ donor status.
Spencer Laird was diagnosed with colon cancer at 26. At 30, he was told it had returned and spread to his lungs, with one tumor the size of a golf ball.
The Trump administration's Medicare boss reacts to CBS News investigation into California's hospice fraud problems.
Even people with six-figure incomes are making financial sacrifices to pay for medical care, a new study finds.
Mexican President Claudia Sheinbaum on Friday condemned the deaths of three Mexican nationals in ICE custody this year.
The announcement comes as NATO faces criticism from President Trump, who's seeking military assistance in securing the key Strait of Hormuz.
The United Nations' top nuclear watchdog, IAEA Director-General Rafael Grossi, told CBS News that Iran still has the technical ability to restart its nuclear program, even though U.S. military strikes dented the program.
As the Iran war rages, Israel continues killing senior Iranian figures. CBS News asked experts how they do it.
The first Marine Expeditionary Unit, which is coming from the Pacific, is still making its way toward the region.
Action star Chuck Norris has died at age 86, his family announced Friday. CBS News' Mugo Odigwe reports.
Reality TV star Taylor Frankie Paul's booking photo for an apparent incident in 2023 has emerged. Entertainment Tonight's Nischelle Turner joins with more details.
Chuck Norris' family said his death at 86 was sudden, but did not share any details on the cause.
"All the Empty Rooms," which follows CBS News' Steve Hartman and photographer Lou Bopp as they document the empty bedrooms of children killed in school shootings, won an Oscar for Best Documentary Short Film. Hartman and the film's director, Joshua Seftel, talk about what that moment meant to the families of the victims and having Gloria Cazares, the mother of a 9-year-old girl killed in Uvalde, deliver the acceptance speech.
Ryan Gosling and Sandra Hüller, stars of "Project Hail Mary," speak with "CBS Mornings" about the highly-anticipated movie, what it was like acting alongside the puppeteers behind alien Rocky and why Hüller chose a Harry Styles song to sing in a scene in the movie.
Val Kilmer was originally set to star in "As Deep as the Grave" before he died last year, never shooting a scene of the movie. But Kilmer will still star in the film thanks to generative AI, which is artificial intelligence that can generate new content by analyzing existing content. Jo Ling Kent has more.
More than 80% of adults say they go online at least several times per day and research indicates that even adults' fully-formed brains can suffer negative consequences from excessive screen time. Dr. Sue Varma breaks down risks, tips to reduce your screen time and why adults are spending more time on screens.
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.
NVIDIA's GTC conference brought big crowds to Silicon Valley this week, with hundreds of companies showcasing products powered by NVIDIA's chips. Tim Werth, tech editor at Mashable, joins CBS News to discuss.
A tech entrepreneur in Australia, Paul Conyngham, said he used artificial intelligence to design a cancer vaccine for his dog Rosie. He joins CBS News with Páll Thordarson, director of the UNSW RNA Institute, who worked with Conyngham on the technology.
The song is that of a humpback whale and was recorded by scientists in March 1949 in Bermuda, researchers said.
A new study in the journal Nature says most sea level rise research may have underestimated coastal water heights by an average of 1 foot.
NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
Documents might help scientists shed light on unexplained phenomena and government secrets, experts said.
A large shark was caught on camera for the first time in Antarctica's waters, surprising researchers. "There's a general rule of thumb that you don't get sharks in Antarctica," one said.
Federal prosecutors in Miami subpoenaed former FBI Director James Comey as part of a probe into Obama-era intelligence officials, two sources familiar with the investigation tell CBS News. Jake Rosen reports.
The failure to protect explicit case evidence in Denise Huskins' kidnapping and sexual assault case is driving reform at the State Capitol. New developments exposed a little-known gap in state law that could expose videos of sexual assault victims.
Several Minnesota families saw justice served on Thursday morning after five young women were killed in a high-speed crash two summers ago in Minneapolis.
In the summer of 2013, Minnesota resident Gary Herbst seemingly disappeared. Years later, investigators made a startling discovery. Peter Van Sant has the story for "48 Hours."
Unmade beds and overdue books. That's some of what CBS News correspondent Steve Hartman found in his Oscar-winning documentary "All the Empty Rooms," which looks at the bedrooms of children killed in school shootings. Hartman joins "The Takeout" to discuss the making of the film.
After a trip back out to the launch pad, NASA's Artemis II rocket will be readied for a historic flight to the moon.
A meteoroid was spotted streaking across the sky in 10 states. In some areas, there was also a loud boom, similar to an explosion. NASA says the meteor, which was traveling 45,000 mph in the sky, fragmented - causing the bright fireball and loud boom.
Some residents immediately feared the sound was an explosion, according to CBS affiliate WOIO, but weather service officials say it appears to have been a meteor.
Bill Nye the Science Guy sits down with CBS News chief Washington correspondent Major Garrett to talk about his life and career.
NASA's huge Space Launch System rocket has been repaired and is ready for rollout back to the launch pad next week.
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.
Federal prosecutors in Miami subpoenaed former FBI Director James Comey as part of a probe into Obama-era intelligence officials, two sources familiar with the investigation tell CBS News. Jake Rosen reports.
Action star Chuck Norris has died at age 86, his family announced Friday. CBS News' Mugo Odigwe reports.
The World Central Kitchen initiative is feeding TSA officers in Baltimore, Maryland, amid a partial government shutdown impacting thousands of Americans. Naomie Germain, a distribution manager for World Central Kitchen, joins CBS News with more.
All eyes are on Iran's Kharg Island and oil production hubs in the region as the war in the Middle East enters a third week. CBS News' Aaron MacLean and Nancy Cordes have the latest.
Dogs may be more than man's best friend. They could help scientists unlock treatments for age-related diseases. Researchers studying how dogs age hope their discoveries could lead to longer, healthier lives for both dogs and humans. 60 Minutes, Sunday.