Nearly a quarter of households live paycheck to paycheck, report finds
The percentage of Americans just scraping by financially is rising as wage growth slows and inflation flares, Bank of America finds.
Minimum Wage
Minimum wage set to rise in 15 cities and states in July. Here's where.
Hundreds of thousands of workers will see more money in their paychecks starting next month due to minimum wage increases.
New laws for 2020
As the clock struck midnight, new laws took effect across the country. And the new decade started with a bonus for millions of workers. Carter Evans explains.
Hawley to introduce minimum wage bill
Sen. Josh Hawley, a Republican from Missouri, plans to introduce a bill to raise the federal minimum wage to $15 per hour, CBS News can confirm. Vermont Democratic Sen. Peter Welch will co-sponsor the bill.
Exclusive
Conservative Sen. Josh Hawley wants to raise federal minimum wage
GOP Sen. Josh Hawley's position on the minimum wage aligns him with some of the Senate's most liberal members.
Where around the U.S. you'll pay the most for fast food
The average cost of a fast-food meal in the U.S. is now $11.56 in major cities across the U.S., according to LendingTree.
Vegas workers still waiting on Trump to fulfill promise to end taxes on tips
Nevada has the highest concentration of tipped workers in the country, and many say they're struggling to keep up with inflation.
More than 9 million workers are getting a raise on Jan. 1. Here's where.
The federal minimum has held at $7.25 an hour since 2009, but an increasing number of states are upping their base pay for workers.
U.S. looks to end subminimum wage for workers with disabilities
A Biden administration proposal would phase out a program that lets employers pay some workers less than $7.25 an hour.
In some battleground states, low-wage workers keep losing ground
Workers in four battleground states earn the federal minimum wage of $7.25 an hour. Labor advocates say that's a recipe for poverty.
Despite signals economy is strong, voters are wary
Wall Street has seen six straight weeks of gains and with unemployment near a 50-year low, there are signs the economy is strong. However, the cost of everyday essentials is still a top-of-mind issue for voters, and although the rate of inflation is at a three-year low, consumers are still complaining food prices remain high. Michael George reports.
Shrimp farmers in Asia exploited by U.S. supermarkets, analysis finds
Unpaid and underpaid labor prevails, an analysis of research by several NGO's found, including wage deductions, "significant" debt bondage and child labor.
Bank of America raises U.S. minimum wage to $24 an hour
Bank of America is hiking its base pay starting next month and plans to further lift the company's minimum wage in 2025.
Bernie Sanders to hold rally in Ohio
Vermont Sen. Bernie Sanders is holding a rally in Ohio Thursday, seeking to bolster support for an upcoming ballot initiative to raise the state's minimum wage to $15 an hour.
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.
California raises wage for fast-food workers
Fast-food workers in California are now the highest paid in the U.S. as a $20 per hour minimum wage takes effect. Carter Evans reports on the increase and its detractors.
California's fast-food workers are now earning at least $20 per hour
Starting April 1, the minimum wage for most fast-food workers in California will jump to $20 an hour — the highest in the U.S.
Fast food workers getting pay bump in California
The highest state minimum wage for fast food workers in the country will go into effect Monday in California. Jeff Nguyen takes a look at the possible impacts.
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.
Here's how much Walmart store managers will earn this year
Walmart is giving its store managers a fat raise this year in an effort to retain workers amid high turnover in the retail industry.
New laws taking effect in 2024
As 2024 begins, there are new laws in effect in several states across the country that affect wages, gun rights and access to gender-affirming care for transgender youth. CBS News legal contributor Jessica Levinson looks at some of the new legislation.
New laws take effect in 2024
The first day of the new year also brings a slate of new laws going into effect. Carter Evans takes a look at some of the biggest changes.
Here are the states where the minimum wage will rise on Jan. 1
Higher minimum wages will kick in on Jan. 1 in 22 states, lifting pay for about 9.9 million Americans, according to one estimate.
New laws across U.S. take effect on Jan. 1
Dozens of cities and states across the country are boosting minimum wage next year for nearly 10 million Americans. A number of other laws also take effect across the nation on Jan. 1. Elise Preston has the latest.
2023 a mixed bag for Wall Street, U.S. economy
It has been a blockbuster year for investors, with the Dow Jones Industrial Average, the S&P 500 and the Nasdaq Composite all up with double-digit gains. However, the Federal Reserve battled the worst inflation in decades with several rate hikes, and 2023 marked the worst banking crisis since 2008, with three major institutions collapsing. Astrid Martinez reports.
Grand jury refuses to re-indict Letitia James
Federal prosecutors on Thursday presented an indictment of New York Attorney General Letitia James to a grand jury in Norfolk, Virginia.
Supreme Court allows Texas GOP to use new redistricted map for now
Texas approved a new congressional map this summer after Trump urged state GOP lawmakers to craft new House district lines to help Republicans hold onto their majority in the 2026 midterms.
Lawmakers see video of boat strike, say admiral testified there was no kill order
"What I saw in that room was one of the most troubling things I've seen in my time in public service," Democratic Rep. Jim Himes said.
FBI arrests suspect in 2021 D.C. pipe bomb case, identified as Virginia man
Authorities say the FBI has arrested a man suspected of placing pipe bombs outside RNC and DNC headquarters on the eve of the Jan. 6, 2021, Capitol riot.
Trump thinks tariff revenue could replace income taxes. Is that possible?
President Trump suggested Americans won't have to pay personal income taxes "in the not-too-distant future" because of rising U.S. tariffs.
U.S. tightens immigration work permits in latest move to expand crackdown
The Trump administration said it would reduce the period of time that work permits are valid for refugees, asylees and other immigrants granted legal protections in the U.S.
Trump hires new architect for ballroom
The current architect, with whom President Trump has some disagreements, will remain on the White House ballroom team, sources said.
ICE begins surge in Minnesota as Trump pushes for crackdown on Somali immigrants
ICE began enhanced operations in the Minneapolis-St. Paul area this week, as President Trump rails against Somali people in Minnesota.
Appeals court lets Trump admin. keep National Guard deployed in D.C. for now
A U.S. District Court decision to end the deployment of National Guard members to Washington, D.C., is now on hold.
U.S.
More U.S.
Appeals court lets Trump admin. keep National Guard deployed in D.C. for now
A U.S. District Court decision to end the deployment of National Guard members to Washington, D.C., is now on hold.
4 killed in latest strike on alleged drug boat, Pentagon says
At least 87 people have been killed since the vessel strikes began in early September.
Grand jury refuses to re-indict Letitia James
Federal prosecutors on Thursday presented an indictment of New York Attorney General Letitia James to a grand jury in Norfolk, Virginia.
Supreme Court allows Texas GOP to use new redistricted map for now
Texas approved a new congressional map this summer after Trump urged state GOP lawmakers to craft new House district lines to help Republicans hold onto their majority in the 2026 midterms.
This week on "Sunday Morning" (Dec. 7)
A look at the features for this week's broadcast of the Emmy-winning program, hosted by Jane Pauley.
MoneyWatch
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These U.S. cities have seen the biggest rent increases since 2020
Rents in the 50 largest cities have surged by hundreds of dollars per month over the last five years, a LendingTree analysis found.
Employers have cut 1.1 million jobs this year. Here's why.
Job cuts so far this year are at their highest levels since 2020, new report says.
Trump thinks tariff revenue could replace income taxes. Is that possible?
President Trump suggested Americans won't have to pay personal income taxes "in the not-too-distant future" because of rising U.S. tariffs.
Trump moves to roll back fuel economy standards set under Biden
The Trump administration proposed rules that would weaken fuel economy standards for vehicles set under President Biden in 2024.
CEO of genetics firm says parents have a right to choose unborn child's traits
Kian Sadeghi, the 25-year-old founder and CEO at Nucleus Genomics, tells "CBS Mornings" that parents have every right to select the qualities and traits they desire in their child.
Politics
More Politics
Appeals court lets Trump admin. keep National Guard deployed in D.C. for now
A U.S. District Court decision to end the deployment of National Guard members to Washington, D.C., is now on hold.
Operations against Houthis played into Truman Strike Group accidents, Navy finds
Investigations released by the Navy into accidents involving the Truman Carrier Strike Group recommended ensuring processes are followed even when faced with adversity.
4 killed in latest strike on alleged drug boat, Pentagon says
At least 87 people have been killed since the vessel strikes began in early September.
ICE begins surge in Minnesota as Trump pushes for crackdown on Somali immigrants
ICE began enhanced operations in the Minneapolis-St. Paul area this week, as President Trump rails against Somali people in Minnesota.
Grand jury refuses to re-indict Letitia James
Federal prosecutors on Thursday presented an indictment of New York Attorney General Letitia James to a grand jury in Norfolk, Virginia.
HealthWatch
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Could pets be next for weight loss drugs? Here's what to know about a study.
A clinical study into weight loss drugs for pets just launched, with results from the trial expected by next summer.
CDC panel postpones vote on hepatitis B vaccine for newborns
The CDC's vaccine advisory panel meets Thursday and Friday to discuss recommendations for the hepatitis B vaccine and the schedule of childhood shots.
12 ex-FDA leaders criticize claims made by agency's current vaccine chief
The former officials said the FDA's plans to revamp how certain life-saving vaccines are handled would "disadvantage the people the FDA exists to protect, including millions of Americans at high risk from serious infections."
CEO of genetics firm says parents have a right to choose unborn child's traits
Kian Sadeghi, the 25-year-old founder and CEO at Nucleus Genomics, tells "CBS Mornings" that parents have every right to select the qualities and traits they desire in their child.
How to avoid holiday stress
The holiday season can be a wonderful, but also stressful time – filled with unrealistic expectations. A recent poll found 41% of adults anticipate more holiday stress this year. Psychiatrist Dr. Sue Varma has tips to unwind during the holidays.
World
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Operations against Houthis played into Truman Strike Group accidents, Navy finds
Investigations released by the Navy into accidents involving the Truman Carrier Strike Group recommended ensuring processes are followed even when faced with adversity.
4 killed in latest strike on alleged drug boat, Pentagon says
At least 87 people have been killed since the vessel strikes began in early September.
U.K. and Norway sign pact to "hunt Russian submarines" in North Atlantic
The United Kingdom and Norway have signed a pact to create a naval alliance in the North Atlantic, aimed at protecting undersea cables and hunting Russian submarines.
Inside a Ukrainian drone pilot training facility
The facility teaches both civilians and military personnel the skills to fly drones and hit targets.
Lawmakers see video of boat strike, say admiral testified there was no kill order
"What I saw in that room was one of the most troubling things I've seen in my time in public service," Democratic Rep. Jim Himes said.
Entertainment
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Entertainment
Lucy Liu talks new movie, "Rosemead"
Lucy Liu talks about starring in and producing the movie "Rosemead," why she says the story resonates universally and reflecting on personal experiences for the film.
Steve Cropper, acclaimed guitarist for Booker T. and the M.G.'s, dies at 84
Steve Cropper co-wrote several classics, including "(Sittin' on) the Dock of the Bay," "Green Onions" and "In the Midnight Hour."
Kaytranada on rise to fame and his new album
Grammy winning DJ and producer Kaytranada has become one of the most influential voices in dance and electronic music, and has collaborated with top artists. He spoke with "CBS Mornings" about his latest album, touring and his journey in music.
Richie Moriarty talks 5th season of "Ghosts"
Actor and comedian Richie Moriarty talks with "CBS Mornings" about the fifth season of the comedy series "Ghosts," what's next for his character and how the cast has bonded.
At home with Architectural Digest
For more than a century, the pages of Architectural Digest magazine have captured not only timeless designs but also the spirit of their subjects' homes. Their distillation of private spaces is featured in a new book, "AD at Home: Architectural Digest." Serena Altschul talks with editor Amy Astley about the magazine's treatments; and with actor Liev Schreiber and designer Marc Jacobs about what it means to open up one's living space to the magazine's photographers.
Technology
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Technology
Politico: Trump admin. looks to robotics
Leaders in the robotics industry say that to strengthen AI, companies also need a plan for robots. The White House appears to be listening. Yasmin Khorram, economic policy reporter for Politico, joins CBS News to discuss her article on the topic.
Google's top search trends in 2025
Google has released its list of the 2025 top search trends. Robert Ferrera, a Google Trends expert, joins CBS News with more.
How AI powered robots are helping small farms
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.
India revokes order for phone makers to install security app amid uproar
India's government, amid an uproar over privacy, has revoked an order quietly issued to smartphone makers to pre-install a state-run security app.
OpenAI responding to Google's moves: WSJ
OpenAI has declared a "code red" as Google threatens to unseat the AI industry's early leader, according to the Wall Street Journal. Technology journalist Jacob Ward joins CBS News to discuss.
Science
More Science
"Space gum" discovered in asteroid Bennu samples, NASA reveals
Samples collected from the asteroid Bennu are continuing the shed light on the origins of the solar system and how life developed on Earth, scientists say.
CEO of genetics firm says parents have a right to choose unborn child's traits
Kian Sadeghi, the 25-year-old founder and CEO at Nucleus Genomics, tells "CBS Mornings" that parents have every right to select the qualities and traits they desire in their child.
Sick ants invite self-sacrifice to save colony: "Come and kill me"
Ant colonies act as one "super-organism" which works to ensure the survival of all, according to a team of scientists.
Mystery owner of ancient foot found in Africa identified, scientists say
The discovery could cast some doubt on the status of Lucy's species as the direct ancestor of Homo sapiens.
Most dogs have wolf DNA. These breeds have more than others.
Wolf DNA seems to have influenced the size, smelling power and even personality of modern dog breeds, scientists said.
Crime
More Crime
Crime
Listen to 911 call from Luigi Mangione arrest
Newly unsealed evidence sheds light on Luigi Mangione's arrest at a Pennsylvania McDonald's. CBS News legal reporter Katrina Kaufman has the details.
New details in Mangione pretrial hearing
Luigi Mangione's pretrial hearing continued on Thursday, one year after UnitedHealthcare CEO Brian Thompson was killed. CBS News legal reporter Katrina Kaufman has more.
Suspect arrested in D.C. pipe bomb case
A suspect is in custody nearly five years after two pipe bombs were planted in Washington, D.C., the night before the Jan. 6 Capitol riot. Attorney General Pam Bondi said 30-year-old Brian Cole Jr. was arrested in Virginia on Thursday morning. CBS News' Anna Schecter has more.
What we know about 2021 D.C. pipe bomb suspect
Federal authorities on Thursday arrested a suspect in the case of two pipe bombs placed outside the Democratic and Republican National Committee headquarters the night before the Jan. 6th Capitol riot. CBS News senior White House reporter Jennifer Jacobs has the details.
Day 3 of Luigi Mangione pretrial hearing
Luigi Mangione's pretrial hearing continued Thursday in New York. CBS News' Anna Schecter has the details.
Space
More Space
"Space gum" discovered in asteroid Bennu samples, NASA reveals
Samples collected from the asteroid Bennu are continuing the shed light on the origins of the solar system and how life developed on Earth, scientists say.
Air Force approves SpaceX launch pad expansion
The U.S. Air Force has approved SpaceX's plan to redevelop a historic launch pad at Cape Canaveral. CBS News correspondent Mark Strassmann reports.
Geomagnetic storm watch issued after powerful solar flare
Solar flares and other activity can disrupt radio communications, power grids and navigation signals, according to NASA.
Scientists think they've detected lightning on Mars: "Missing piece of the puzzle"
Researchers have documented 55 instances of "mini lightning" over two Martian years by eavesdropping on the whirling wind recorded by NASA's Perseverance rover.
Russia sends a NASA astronaut, 2 cosmonauts, up to the space station
The new space station crew includes American Chris Williams, who holds a Ph.D. in astronomy and is a board-certified medical physicist at Harvard Medical School.
Latest Galleries
More Latest Galleries
Notable Deaths in 2025
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
The life & near death of prizefighter Christy Salters-Martin
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Robert Redford 1936-2025
A retrospective look at the actor, director, producer, and founder of the Sundance Institute.
Timeline: The disappearance of George Smith
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Who is Alix Tichelman?
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Latest CBS News Videos
More Latest CBS News Videos
Latest CBS News Videos
Luigi Mangione arrest video played in court
On the one-year mark of the fatal shooting of UnitedHealthcare CEO Brian Thompson on a New York City sidewalk, a hearing was held to determine what evidence is admissible in the trial of his accused killer, Luigi Mangione. Alice Gainer reports.
FBI arrests suspect in 2021 D.C. pipe bomb case
A northern Virginia man was arrested and accused of placing two pipe bombs outside the Democratic National Committee and Republican National Committee headquarters on the eve of the Capitol riot on Jan. 6, 2021. Scott MacFarlane has details.
Arctic blast grips U.S. as temperatures plummet
An early season Arctic blast sent shivers through the Midwest and Northeast as temperatures tumbled far below normal. Lana Zak reports and Lonnie Quinn has the forecast.
$1.6 million raised for elderly man still working
For most of his life, Ed Bambas worked toward his American dream. But in 2019, at 82, he found himself doing what most retirees never imagine: going back to work. That was, until a stranger approached him with a question. Tom Hanson has the story.
White House Christmases of past, present
President Trump and first lady Melania Trump lit the national Christmas tree on Thursday. Melania's White House Christmas theme this year is "Home Is Where the Heart Is." White House expert Jennifer Pickens joins CBS News to discuss.