Bank of America hiking minimum wage to $20 an hour
It will be first major U.S. financial institution to crack $20 line, reflecting the tight labor market
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It will be first major U.S. financial institution to crack $20 line, reflecting the tight labor market
Teachers in Illinois can currently have a salary as low as $9,000 — and that hasn't changed since 1980
A $15 federal minimum wage would give a raise to 17 million workers and "likely" boost pay for 10 million more, the CBO found this month
The increase would affect more people than work in the entire manufacturing sector, but it could also cause job losses
A new study finds that a House bill hiking the federal base pay wouldn't result in significantly less employment
Minimum wage gets a boost in a handful of cities and states July 1, pushing up pay for tens of thousands of workers
Demands for a $15 federal minimum wage and the right to organize are now popular among the party's White House hopefuls
Despite a 10-year economic expansion and an 18% rise in the cost of living, the U.S. base pay hasn't budged since 2009
One fast-food outlet in California is giving employees a large bump in pay to entice and retain workers
Doug McMillon tells shareholders — and presidential candidate Bernie Sanders — that $7.25 an hour clearly is "too low"
The presidential candidate will attend Walmart's annual meeting to call on the Walton family to "end the greed"
The world's biggest retailer is trumpeting the hefty paycheck its store managers can earn
Study finds that boosting workers' pay and offering more federal aid could prevent more than 1,000 suicides a year
Record-low unemployment has finally brought pay hikes to parts of the service sector that barely exceeded minimum wages.
Vice President Joe Biden is the latest White House candidate to embrace a national wage hike
Raise comes as big bank CEOs prepare to appear before Congress to discuss the role of large financial firms
Fast-food powerhouse wants to "advance, not impede" debate over hiking U.S. rate above $7.25 for first time in decade
Wall Street employees saw their typical annual bonus slip by 17 percent last year to $153,700, according to new data from the New York State Comptroller. But don't feel sorry for the banking set just yet -- even including down years like 2018, bankers' bonuses have jumped by 1,000 percent since 1985. If the minimum wage had kept pace with the same growth as Wall Street bonuses, the hourly baseline wage would be $33.51 an hour, an analysis finds.
"Due to terrible management the whole store has quit," reads goodbye note taped to door of restaurant near Columbus
President Trump claimed Monday that his daughter, Ivanka Trump "has created millions of jobs"
Senator Bernie Sanders has joined the growing list of candidates vying for the Democratic presidential nomination in 2020. Former 2016 Bernie Sanders surrogate Nomiki Konst, who is currently running for New York City public advocate, joins CBSN to discuss Sanders' decision to run again.
New Jersey became the latest state on Monday to boost its hourly minimum wage to $15 after Democratic Gov. Phil Murphy signed into law a measure phasing in the higher rate over five years.
The Garden State joins California, Massachusetts, New York and the District of Columbia in phasing in higher wages
Trump gears up for the State of the Union; New Jersey increases minimum wage
House Democrats are set to introduce legislation that would more than double the current federal baseline pay
The House on Thursday voted to direct President Trump to end the war with Iran, after four Republicans joined Democrats to rebuke the president over his handling of the conflict.
The Secret Service said a member of Vice President JD Vance's detail is under investigation for "compromising operational and information security."
The U.S. is moving more refueling planes and possibly heavy bombers to the region as the war with Iran spreads to another vital Middle East waterway.
The recall affects white-shell and cage-free eggs sold under multiple grocery brands in six states. No illnesses have been reported.
Madison's chief of police says an officer in Wisconsin's capital city shot and killed a man who had injured him with a knife while resisting arrest.
President Trump said on Thursday the deal would include no enrichment of nuclear material.
A former model who accused Jeffrey Epstein associate Daniel Siad of rape says his death in Paris is "very disappointing," as he never faced justice.
Secret Service officials warned nationwide threats have reached an unprecedented level since January, nearly 40% higher than during the same period last year.
Tropical Storm Bertha is the second named storm of the Atlantic hurricane season.
The Secret Service said a member of Vice President JD Vance's detail is under investigation for "compromising operational and information security."
The recall affects white-shell and cage-free eggs sold under multiple grocery brands in six states. No illnesses have been reported.
The House on Thursday voted to direct President Trump to end the war with Iran, after four Republicans joined Democrats to rebuke the president over his handling of the conflict.
The last time global oil prices settled above $100 was on May 22, data from FactSet shows.
Tenisha Warner, the widow of "The Cosby Show" actor Malcolm-Jamal Warner, spoke exclusively to "CBS Mornings" co-host Gayle King about coping with grief one year after his death.
The recall affects white-shell and cage-free eggs sold under multiple grocery brands in six states. No illnesses have been reported.
The last time global oil prices settled above $100 was on May 22, data from FactSet shows.
The EU fined Google 890 million euros ($1 billion) after it said the tech giant broke digital antitrust regulations by setting up Google Play and its search engine to steer consumers toward its own services and apps over others'.
The Stop Insider Trading Act would prohibit members of Congress, their spouses and dependent children from purchasing publicly traded stocks.
The case accuses OpenAI of practicing medicine without a license and failing to safeguard users seeking health advice.
The Secret Service said a member of Vice President JD Vance's detail is under investigation for "compromising operational and information security."
The House on Thursday voted to direct President Trump to end the war with Iran, after four Republicans joined Democrats to rebuke the president over his handling of the conflict.
The U.S. Navy is taking a major step to restrict press access to information about service members by no longer releasing information about any sailor's service history.
Vance Boelter, the man who admitted in court to shooting two Minnesota lawmakers and their spouses, is set to learn his sentence Thursday morning.
The GOP chair of the House Judiciary Committee encouraged the DOJ to look into criminally charging Jack Smith, alleging the former special counsel who brought charges against President Trump lied to Congress.
The recall affects white-shell and cage-free eggs sold under multiple grocery brands in six states. No illnesses have been reported.
A pastor in Florida is suing OpenAI after he used ChatGPT for medical advice and received suggestions that he claims caused him to delay necessary treatment. Jo Ling Kent reports.
The case accuses OpenAI of practicing medicine without a license and failing to safeguard users seeking health advice.
Health policy experts say higher import duties could increase costs and strain supplies while offering no guarantee manufacturers will shift production to the U.S.
A generic version of the allergy medication Zyrtec is under recall across the U.S. over cross-contamination concerns.
A former model who accused Jeffrey Epstein associate Daniel Siad of rape says his death in Paris is "very disappointing," as he never faced justice.
Mayor Valentin Lavin, who was allied to President Claudia Sheinbaum's leftist party, had already survived an armed attack in January, according to local media reports.
Two beluga whales settled into their new home at SeaWorld San Antonio this week following an international relocation mission from shuttered Canadian theme park Marineland.
France experienced at least 5,700 more deaths than usual during a historic heat wave last month, according to the public health agency.
Despite U.S. assertions, the CEO of a maritime risk firm says "there is no guarantee of safe passage" through the Strait of Hormuz.
Peter Lassally, the fabled TV executive for such late-night hosts as Johnny Carson and David Letterman, and a mentor for many rising comedians, died July 19, 2026 at age 93. In this March 11, 2018 "Sunday Morning" profile, correspondent Mo Rocca talked with Lassally (affectionately dubbed "The Host Whisperer") about working with the kings of late-night. Lassally also talks about his childhood, part of which was spent in Nazi concentration camps, and also about whether he has had joy in his life.
"Criminal Minds" star Aisha Tyler was only supposed to be in six episodes of the show, but her journey on the series has now spanned over a decade. She tells "CBS Mornings" how her role has impacted her in real life and what it was like to work with guest star Connor Storrie from "Heated Rivalry."
Actor James Norton describes what it is like to play a villain in "House of the Dragon," which is a prequel to "Game of Thrones" and reveals which scene made him nearly faint during shooting.
Luke Bracey tells "CBS Mornings" the new "Little House on the Prairie" series was adapted from the books rather than a reboot of the TV show. He explains why he thinks it resonates with people today and how a playlist helped him and a co-star bond over their characters.
Anson Mount previews the fourth season of "Star Trek: Strange New Worlds." He talks about his introduction to "Star Trek" and why he thinks it's the best season yet.
Florida pastor Scott Winters claims in his lawsuit against OpenAI that ChatGPT's poor medical recommendations sent him to the hospital. CBS News' Jo Ling Kent sat down with Winters to discuss his experience.
A former pastor is speaking out, claiming ChatGPT's guidance landed him in the hospital. He's now suing OpenAI and its CEO. The company said, in part, "ChatGPT is not a doctor and should never be used as a substitute for medical care." Jo Ling Kent reports.
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.
ChatGPT developer OpenAI says its artificial intelligence systems hacked into another AI company without prompting. Connor Leahy, U.S. director for ControlAI, joins CBS News to discuss.
OpenAI, the developer behind ChatGPT, says one of its artificial intelligence models went rogue and hacked another AI company. Neil Lawrence, professor of machine learning at the University of Cambridge, joins to assess the claim.
Millions of people are enduring dangerous air quality as Canadian wildfire smoke shrouds the skies. Jonathan Overpeck, dean of the School for Environment and Sustainability at the University of Michigan, explains how climate change is worsening wildfires.
New York has become the first state to impose a temporary moratorium on data center development while state lawmakers lay the groundwork to assess environmental and social impacts. Dr. Mike Weinstein, the director of sustainability at Southern New Hampshire University, explains what we know about the wider environmental impact data centers.
The new crew will replace three other Soyuz fliers wrapping up a 240-day stay aboard the International Space Station.
The name "White-chested Fox" was found in drawings dating from 400 BC to 900 AD at the San Bartolo-Xultun archaeological site.
The Pentagon on Friday released a new batch of UFO files, spanning 19 videos and more. Jordan Flowers, executive director of the Disclosure Foundation, joins CBS News to discuss.
Protesters gathered after police in Madison, Wisconsin, fatally shot a man during an attempted arrest. The man was armed with a knife and injured an officer before he was shot, police said. CBS News' Mark Strassmann reports.
Former Venezuelan President Nicolás Maduro faces drug trafficking charges in the U.S. and is scheduled to go on trial in June 2027. CBS News legal reporter Katrina Kaufman explains what to expect from Maduro's legal proceedings.
Independent autopsy results commissioned by Nolan Wells' family found the cause and manner of the 18-year-old's death were undetermined, pending further investigation. Wells died during a July Fourth boating trip with friends.
Four police officers are on leave after a man who was allegedly armed with a knife was shot and killed in Madison, Wisconsin, on Wednesday. Within hours of the deadly shooting, there were protests and a vigil held for the man. Mark Strassmann has more.
Vance Boelter, the man who admitted in court to shooting two Minnesota lawmakers and their spouses, is set to learn his sentence Thursday morning.
When scientists examined the preserved fragments of a meteorite that crashed in 2024, they found brine-like fluids and key molecules.
The new crew will replace three other Soyuz fliers wrapping up a 240-day stay aboard the International Space Station.
The sugar, called erythrulose, lurks in what's called the interstellar medium: thin clouds of gas and dust littered between stars.
Quasars — the brightest objects in the universe — are powered by supermassive black holes at the heart of early galaxies.
Katalyst Space's LINK spacecraft is designed to capture and boost NASA's Swift observatory back to a safe altitude.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
Summer is the time to enjoy live music, indoors and out. Scroll through our gallery of some of 2026's leading musical acts, featuring images by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
A federal judge is set to hear arguments on the Justice Department's subpoenas of The New York Times journalists over reports about President Trump's Qatari-donated Air Force One. CBS News' Katrina Kaufman has the latest.
The House passed a resolution to limit President Trump's war powers and direct him to end military operations in Iran after four Republicans joined Democrats on the vote. CBS News' Nikole Killion has more.
Peter Lassally, the fabled TV executive for such late-night hosts as Johnny Carson and David Letterman, and a mentor for many rising comedians, died July 19, 2026 at age 93. In this March 11, 2018 "Sunday Morning" profile, correspondent Mo Rocca talked with Lassally (affectionately dubbed "The Host Whisperer") about working with the kings of late-night. Lassally also talks about his childhood, part of which was spent in Nazi concentration camps, and also about whether he has had joy in his life.
Florida pastor Scott Winters claims in his lawsuit against OpenAI that ChatGPT's poor medical recommendations sent him to the hospital. CBS News' Jo Ling Kent sat down with Winters to discuss his experience.
Tenisha Warner, the widow of "The Cosby Show" actor Malcolm-Jamal Warner, spoke exclusively to "CBS Mornings" co-host Gayle King about how she is coping one year after her husband's death.