Why Social Security's next cost-of-living hike could hurt seniors
The 2024 inflation adjustment won't be as large as last year's hike. That means some older Americans could lose ground.
Social Security Administration
"A system in crisis": Federal disability programs force difficult choices
Disability applicants often turn to Social Security early retirement benefits — even though it could cost them tens of thousands of dollars in future income, lawyers say.
Here's when the 8.7% Social Security hike will arrive in 2023
Seniors and other recipients are getting the biggest bump since 1981. But tax and Medicare issues may complicate things.
A typical Social Security strategy could cost you $182,000
Americans "have to change their thinking" about the government benefits program to get the most out of it, one expert says.
GOP wants to hike Social Security, Medicare eligibility age to 70
House Republicans who may regain majority in midterm elections say "miracle" of longer lives necessitates raising retirement age.
Social Security makes it easier to change sex marker in records
People can now change their sex marker on their Social Security number record without sex designation documentation.
Social Security 2023 COLA: Here's when you'll get the benefit
Each year, seniors and others on Social Security receive a cost-of-living adjustment. Next year, they'll see an 8.7% hike.
Social Security payments to rise 8.7% in 2023 — highest in decades
With inflation forcing many seniors to cut back on food and medicine, annual cost-of-living hike will boost their income.
"It's a scary time," one disabled widow said of inflation hit
Some older Americans are cutting back on food, medicine and other basics. An annual Social Security bump may not be enough.
Medicare premiums will drop next year. Here are the savings.
For the first time in a decade, seniors will pay less next year on monthly premiums for Medicare's Part B plan.
Seniors could see Social Security boost of $1,729 next year
Annual cost-of-living bump could be biggest since 1981, but may be smaller than many had hoped amid stubbornly high inflation.
Social Security recipients could get $1,900 boost next year
Consumer prices are cooling but remain near 40-year highs, leading experts to predict a big benefits bump in January.
Millions of U.S. seniors can't afford basic necessities
About half of all senior men and women living alone are either in poverty or struggle to afford essentials.
Social Security checks could get a 10.5% bump due to inflation
June inflation was higher than expected, at 9.1%. That could set up seniors for the biggest payment boost since 1981.
Social Security's cost-of-living bump could be near 11%: Report
Seniors are on track for the biggest cost-of-living adjustment in four decades, according to a new analysis.
Social Security bill would give seniors an extra $2,400 a year
Some lawmakers want to revise the retirement program to shore up its funding and boost benefits for its 69 million recipients.
Social Security official: Monthly benefits likely to rise 8%
A cost-of-living adjustment of 8% would be the highest for Social Security beneficiaries since 1981.
Social Security checks could jump 8.6%, expert predicts
Seniors are struggling after a cost-of-living adjustment last year failed to keep up with surging inflation.
Social Security to allow people to self-select their sex
The agency is "committed to reducing barriers and ensuring the fair treatment of the LGBTQ+ community," an official said.
Social Security checks will receive 5.9% increase in 2022
It's the biggest increase in almost 40 years, and it comes as inflation is eating away at seniors' buying power.
Report finds federal agencies fall short on cybersecurity
A Senate report has finds federal agencies are not meetings government cybersecurity standards. CBS News homeland security and justice reporter Nicole Sganga joins CBSN AM to discuss the report.
Social Security checks may see biggest hike in four decades
Annual benefit hike could top 6% due to fast-rising inflation. But retirees would have to wait until 2022 to see it.
Biden fires Social Security Commissioner Andrew Saul
But Saul, who was appointed by former President Trump, is refusing to resign, according to the Washington Post.
30 million seniors face stimulus check delays, lawmakers say
After asking about the delay, lawmakers say the Social Security Administration sent payment data to the IRS on Thursday.
Social Security recipients to get extra $20 a month in 2021
Next year's cost of living adjustment is 1.3%, but some say the adjustment doesn't reflect real costs for seniors.
Latest News
Menendez rejects calls to resign, vows to fight federal charges
"I firmly believe that when all the facts are presented, not only will I be exonerated, but I still will be New Jersey's senior senator," Sen. Bob Menendez said.
David McCallum, "NCIS" and "The Man from U.N.C.L.E." star, dies at age 90
David McCallum died Monday of natural causes.
U.S. tanks arrive overseas as Ukraine claims to kill Russian commander
The first U.S.-made Abrams tanks are rolling out on Ukrainian soil as Ukraine's forces claimed to have dealt a significant blow to Russia.
House GOP prepares four spending bills as shutdown uncertainty grows
House Republicans' efforts to pass four spending bills would not avert a government shutdown.
Cuba denounces attack on its U.S. embassy as terrorism
A man allegedly threw two Molotov cocktails at Cuba's mission in the U.S. on Sunday night. No one was injured.
Federal employee unions mobilize on brink of shutdown
With days until a government shutdown, which would furlough and stop paychecks to federal employees nationwide, the major federal government employee unions are trying to convince Congress to cut a deal.
End to writers' strike means some TV shows could return within days
NBC's "The Tonight Show Starring Jimmy Fallon" and ABC's "Jimmy Kimmel Live!" could return to the air as soon as early October.
CDC to avoid "scare tactic" in new effort to reset flu shot expectations
The new CDC campaign to back the shots is called "Wild to Mild."
Flesh-eating bacteria infections are on the rise − how to protect yourself
Vibrio vulnificus, known as flesh-eating bacteria, can cause necrotizing fasciitis — and typically kills 1 in 5 Americans who get an infection.
U.S.
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"Survivor" host Jeff Probst teases season 45
"Survivor 45" will feature 90-minute-long episodes — a change host Jeff Probst had long pushed for behind the scenes.
Federal employee unions mobilize on brink of shutdown
With days until a government shutdown, which would furlough and stop paychecks to federal employees nationwide, the major federal government employee unions are trying to convince Congress to cut a deal.
3rd arrest in toddler's drug overdose death at New York City day care
Police are still searching for the day care owner's husband, who may have fled to his native Dominican Republic, sources told CBS New York.
David McCallum, "NCIS" and "The Man from U.N.C.L.E." star, dies at age 90
David McCallum died Monday of natural causes.
Lack of parking for semi-trucks can have fatal consequences
There is only enough parking for one out of every 11 trucks on the nation's roads, according to the trucking industry, leading drivers to park in unsafe areas.
MoneyWatch
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Just what the doctor ordered? $29 medical checkups now at Costco
Costco partners with online marketplace in selling health care services to the uninsured or those who prefer to pay cash.
Government shutdown could jeopardize U.S credit rating, Moody's warns
A U.S. government shutdown would underscore the impact of "intensifying political polarization," the credit agency said in a new report.
End to writers' strike means some TV shows could return within days
NBC's "The Tonight Show Starring Jimmy Fallon" and ABC's "Jimmy Kimmel Live!" could return to the air as soon as early October.
Tyson and Perdue face fed probe over possible child labor violations
Investigation of the two poultry giants follows NYT report of migrant children cleaning slaughterhouses overnight in Virginia.
Amazon invests $4 billion in AI startup known for ChatGPT rival Claude
Anthropic will use Amazon's cloud services and machine-learning chips to train and deploy its ChatGPT rival, Claude.
Politics
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Federal employee unions mobilize on brink of shutdown
With days until a government shutdown, which would furlough and stop paychecks to federal employees nationwide, the major federal government employee unions are trying to convince Congress to cut a deal.
Government shutdown could jeopardize U.S credit rating, Moody's warns
A U.S. government shutdown would underscore the impact of "intensifying political polarization," the credit agency said in a new report.
House GOP prepares four spending bills as shutdown uncertainty grows
House Republicans' efforts to pass four spending bills would not avert a government shutdown.
A history of government shutdowns: 14 times funding has lapsed since 1980
With just days until the deadline to keep the government open, here's a look at the 14 shutdowns that have occurred since 1980.
U.S. tanks arrive overseas as Ukraine claims to kill Russian commander
The first U.S.-made Abrams tanks are rolling out on Ukrainian soil as Ukraine's forces claimed to have dealt a significant blow to Russia.
HealthWatch
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Tornado-damaged Pfizer plant restarts pharmaceutical production
The plant produces anesthesia and other drugs as well as nearly one-fourth of the sterile injectable medications Pfizer supplies to U.S. hospitals, the company said.
CDC to avoid "scare tactic" in new effort to reset flu shot expectations
The new CDC campaign to back the shots is called "Wild to Mild."
Flesh-eating bacteria infections are on the rise — how to protect yourself
Vibrio vulnificus, known as flesh-eating bacteria, can cause necrotizing fasciitis — and typically kills 1 in 5 Americans who get an infection.
CDC recommends Pfizer's RSV vaccine during pregnancy
RSV is the leading cause of hospitalization among infants, according to the CDC.
Shimano recalls nearly 700,000 bike cranksets after reports of injuries
Shimano's recalled bonded crank parts can "separate and break," causing consumers to crash, according to CPSC.
World
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Cuba denounces attack on its U.S. embassy as terrorism
A man allegedly threw two Molotov cocktails at Cuba's mission in the U.S. on Sunday night. No one was injured.
U.S. tanks arrive overseas as Ukraine claims to kill Russian commander
The first U.S.-made Abrams tanks are rolling out on Ukrainian soil as Ukraine's forces claimed to have dealt a significant blow to Russia.
Russell Brand allegations prompt U.K. police to open sex crimes investigation
London police said that it had "received a number of allegations of sexual offences" regarding Russell Brand.
London police considers army backup as armed officers hand in gun licenses
Dozens of London police officers refuse to go out on armed patrols as a colleague faces a murder charge in the shooting of an unarmed Black man.
Sicilian mafia boss Matteo Messina Denaro dies months after capture
When Matteo Messina Denaro died, "he took with him his secrets" about Cosa Nostra, state radio said.
Entertainment
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"Survivor" host Jeff Probst teases season 45
"Survivor 45" will feature 90-minute-long episodes — a change host Jeff Probst had long pushed for behind the scenes.
David McCallum, "NCIS" and "The Man from U.N.C.L.E." star, dies at age 90
David McCallum died Monday of natural causes.
Taylor Swift attends Chiefs game
Perhaps the biggest story from the NFL on Sunday wasn't any of the scores, but the fact that Taylor Swift attended the Kansas City Chiefs game with the family of tight end Travis Kelce. Jo Ling Kent has more.
Writers and studios reach tentative agreement
The Writers Guild of America has reached a tentative agreement with the major Hollywood studios on a new contract. If the contract is ratified, it would end a four-and-a-half month long strike. Elise Preston reports.
End to writers' strike means some TV shows could return within days
NBC's "The Tonight Show Starring Jimmy Fallon" and ABC's "Jimmy Kimmel Live!" could return to the air as soon as early October.
Technology
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Amazon invests $4 billion in AI startup known for ChatGPT rival Claude
Anthropic will use Amazon's cloud services and machine-learning chips to train and deploy its ChatGPT rival, Claude.
Microsoft, Google integrate AI into products
Tech giants Microsoft and Google say they're moving toward building more generative artificial intelligence into their products. Microsoft has already been adding AI assistants to apps and now plans to unify all of them into a single source. And Google is launching new AI features to make video editing and publishing easier on YouTube. Emma Roth, news writer at The Verge, joined CBS News to discuss the increased use of AI.
Scientists recover RNA from extinct species
For the first time, scientists in Sweden have analyzed an extinct animal's RNA. They're studying the Tasmanian tiger which has been extinct since the 1930s. Marc Friedländer, associate professor in molecular biology at Stockholm University, joins CBS News to discuss what the breakthrough means for science.
iPhone 15 demand beats expectations, as fans worldwide line up to buy
Consumers are snatching up the iPhone 15 as they look to swap their old devices for something newer and more powerful, analysts said.
YouTube CEO defends decision to demonetize Russell Brand's channel
YouTube suspended Russell Brand's ability to earn money from his online videos earlier this week after multiple women accused Brand of rape, sexual assault and abuse — allegations he denies.
Science
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Science
Scientists recover RNA from extinct species
For the first time, scientists in Sweden have analyzed an extinct animal's RNA. They're studying the Tasmanian tiger which has been extinct since the 1930s. Marc Friedländer, associate professor in molecular biology at Stockholm University, joins CBS News to discuss what the breakthrough means for science.
Tropical storm warnings along East Coast
What could soon be Tropical Storm Ophelia is moving closer to the U.S. East Coast, the National Hurricane Center said, and a tropical storm warning is in effect from Cape Fear, North Carolina, to Fenwick Island, Delaware. CBS News Baltimore's Janay Reece has an update on how locals there are preparing for the storm. And Lynette Charles, meteorologist for The Weather Channel, has a forecast for where the storms could be most severe.
Wildfire smoke reversing U.S. air improvement
Since 2016, wildfire smoke in the U.S. has reversed roughly 25% of air quality improvements made from the 2000 Clean Air Act, according to a new study published in the journal Nature. That figure doubles to roughly 50% when looking specifically at the impact on many western states. For more on this, CBS News was joined by Marshall Burke, an associate professor at Stanford's Doerr School of Sustainability and a co-author of the study.
Some homeowners facing insurance crisis
Homeowners living in areas at risk for natural disasters are seeing higher home insurance premiums -- for some, coverage has been dropped completely. CBS News senior national and environmental correspondent Ben Tracy reports.
New "electrical" blue tarantula species discovered in Thailand
The tarantula's coloring resembles "electrical sparks," researchers said.
Crime
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Crime
How quickly your vehicle can get carhacked
Home security video released by the Police Service of Northern Ireland in the summer of 2022 shows how quickly thieves were able to hack into a car.
Newest car theft threat: carhackers
Thieves are hacking into modern car computer systems to steal vehicles in seconds. CBS News Consumer Correspondent Ash-Har Quraishi reports.
3rd arrest in toddler's drug overdose death at New York City day care
Police are still searching for the day care owner's husband, who may have fled to his native Dominican Republic, sources told CBS New York.
Russell Brand allegations prompt U.K. police to open sex crimes investigation
London police said that it had "received a number of allegations of sexual offences" regarding Russell Brand.
6,000 prison sentences hinge on Supreme Court's interpretation of "and"
Nearly 6,000 people convicted of drug trafficking in the 2021 budget year alone are in the pool of those who might be eligible for reduced sentences, according to data.
Space
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Space
Why NASA retrieved samples from an asteroid
NASA is celebrating the successful end of a 7-year, $1 billion mission to collect and return a sample from the asteroid Bennu. CBS News' Mark Strassmann has more on the mission. And Derrick Pitts, chief astronomer at the Franklin Institute, joined CBS News to discuss the significance of the samples.
NASA successfully retrieves asteroid material
A capsule containing rubble from an asteroid landed in the Utah desert Sunday. It may contain material leftover from the creation of the solar system, scientists say.
NASA spacecraft brings asteroid samples back to Earth
In a dramatic 13-minute plunge back to Earth, the OSIRIS-REx sample return capsule safely landed in Utah after seven years in space.
NASA mission to asteroid returning to Earth
A small saucer-shape capsule carrying a half-pound of rocks and dust collected from an asteroid called Bennu is expected to slam into Earth's atmosphere at a blistering 27,650 mph on Sunday and then parachute down to the ground. NASA senior scientist Amy Simon joined CBS News to discuss the purpose and logistics of the mission.
NASA says asteroid samples will land on Earth Sunday after fiery descent
The OSIRIS-REx sample return in Utah will bring a seven-year, four-billion-mile journey to a close, providing insights into the birth of the solar system.
Latest Galleries
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The crime scene evidence that convicted Alex Murdaugh
Inside South Carolina's "trial of the century" — how investigators built their case
Young witness found herself at the scene of a crime
What Angelina Fernandes saw the night her mother was accused of murder.
Notable Deaths in 2023
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Chandler Halderson case: An inside look
How prosecutors made the case that the Wisconsin man killed his parents Bart and Krista Halderson in July 2021.
Crime scene photos: NYC sledgehammer attack
On Nov. 11, 2012, Jake Nolan accompanied his psychiatrist cousin to a NYC Home Depot where she purchased a sledgehammer; 24 hours later, it became a key piece of evidence in a crime that ended with Nolan and her ex-lover in the hospital.
Latest Videos
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Latest Videos
How quickly your vehicle can get carhacked
Home security video released by the Police Service of Northern Ireland in the summer of 2022 shows how quickly thieves were able to hack into a car.
Newest car theft threat: carhackers
Thieves are hacking into modern car computer systems to steal vehicles in seconds. CBS News Consumer Correspondent Ash-Har Quraishi reports.
Venezuelan migrants flee economic strife
More than 250,000 Venezuelan migrants have come to the U.S. in the last year. In 2021, Customs and Border Protection encountered 50,000 Venezuelan migrants. CBS News immigration reporter Camilo Montoya-Galvez examines what's pushing people to make the journey.
Taylor Swift attends Chiefs game
Perhaps the biggest story from the NFL on Sunday wasn't any of the scores, but the fact that Taylor Swift attended the Kansas City Chiefs game with the family of tight end Travis Kelce. Jo Ling Kent has more.
Eye on America: Offshore wind energy jobs
In Louisiana, we see how offshore wind farms are generating opportunities for former oil and gas workers. Then in Florida, we hop aboard a unique fishing trip that’s taking kids off city streets and on to the sea. Watch these stories and more on "Eye on America " with host Michelle Miller.