
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.
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The 2024 inflation adjustment won't be as large as last year's hike. That means some older Americans could lose ground.
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.
Seniors and other recipients are getting the biggest bump since 1981. But tax and Medicare issues may complicate things.
Americans "have to change their thinking" about the government benefits program to get the most out of it, one expert says.
House Republicans who may regain majority in midterm elections say "miracle" of longer lives necessitates raising retirement age.
People can now change their sex marker on their Social Security number record without sex designation documentation.
Each year, seniors and others on Social Security receive a cost-of-living adjustment. Next year, they'll see an 8.7% hike.
With inflation forcing many seniors to cut back on food and medicine, annual cost-of-living hike will boost their income.
Some older Americans are cutting back on food, medicine and other basics. An annual Social Security bump may not be enough.
For the first time in a decade, seniors will pay less next year on monthly premiums for Medicare's Part B plan.
Annual cost-of-living bump could be biggest since 1981, but may be smaller than many had hoped amid stubbornly high inflation.
Consumer prices are cooling but remain near 40-year highs, leading experts to predict a big benefits bump in January.
About half of all senior men and women living alone are either in poverty or struggle to afford essentials.
June inflation was higher than expected, at 9.1%. That could set up seniors for the biggest payment boost since 1981.
Seniors are on track for the biggest cost-of-living adjustment in four decades, according to a new analysis.
Some lawmakers want to revise the retirement program to shore up its funding and boost benefits for its 69 million recipients.
A cost-of-living adjustment of 8% would be the highest for Social Security beneficiaries since 1981.
Seniors are struggling after a cost-of-living adjustment last year failed to keep up with surging inflation.
The agency is "committed to reducing barriers and ensuring the fair treatment of the LGBTQ+ community," an official said.
It's the biggest increase in almost 40 years, and it comes as inflation is eating away at seniors' buying power.
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.
Annual benefit hike could top 6% due to fast-rising inflation. But retirees would have to wait until 2022 to see it.
But Saul, who was appointed by former President Trump, is refusing to resign, according to the Washington Post.
After asking about the delay, lawmakers say the Social Security Administration sent payment data to the IRS on Thursday.
Next year's cost of living adjustment is 1.3%, but some say the adjustment doesn't reflect real costs for seniors.
"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 died Monday of natural causes.
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 Republicans' efforts to pass four spending bills would not avert a government shutdown.
A man allegedly threw two Molotov cocktails at Cuba's mission in the U.S. on Sunday night. No one was injured.
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.
NBC's "The Tonight Show Starring Jimmy Fallon" and ABC's "Jimmy Kimmel Live!" could return to the air as soon as early October.
The new CDC campaign to back the shots is called "Wild to Mild."
Vibrio vulnificus, known as flesh-eating bacteria, can cause necrotizing fasciitis — and typically kills 1 in 5 Americans who get an infection.
"Survivor 45" will feature 90-minute-long episodes — a change host Jeff Probst had long pushed for behind the scenes.
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.
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 died Monday of natural causes.
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.
Costco partners with online marketplace in selling health care services to the uninsured or those who prefer to pay cash.
A U.S. government shutdown would underscore the impact of "intensifying political polarization," the credit agency said in a new report.
NBC's "The Tonight Show Starring Jimmy Fallon" and ABC's "Jimmy Kimmel Live!" could return to the air as soon as early October.
Investigation of the two poultry giants follows NYT report of migrant children cleaning slaughterhouses overnight in Virginia.
Anthropic will use Amazon's cloud services and machine-learning chips to train and deploy its ChatGPT rival, Claude.
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.
A U.S. government shutdown would underscore the impact of "intensifying political polarization," the credit agency said in a new report.
House Republicans' efforts to pass four spending bills would not avert a government shutdown.
With just days until the deadline to keep the government open, here's a look at the 14 shutdowns that have occurred since 1980.
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.
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.
The new CDC campaign to back the shots is called "Wild to Mild."
Vibrio vulnificus, known as flesh-eating bacteria, can cause necrotizing fasciitis — and typically kills 1 in 5 Americans who get an infection.
RSV is the leading cause of hospitalization among infants, according to the CDC.
Shimano's recalled bonded crank parts can "separate and break," causing consumers to crash, according to CPSC.
A man allegedly threw two Molotov cocktails at Cuba's mission in the U.S. on Sunday night. No one was injured.
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.
London police said that it had "received a number of allegations of sexual offences" regarding Russell Brand.
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.
When Matteo Messina Denaro died, "he took with him his secrets" about Cosa Nostra, state radio said.
"Survivor 45" will feature 90-minute-long episodes — a change host Jeff Probst had long pushed for behind the scenes.
David McCallum died Monday of natural causes.
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.
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.
NBC's "The Tonight Show Starring Jimmy Fallon" and ABC's "Jimmy Kimmel Live!" could return to the air as soon as early October.
Anthropic will use Amazon's cloud services and machine-learning chips to train and deploy its ChatGPT rival, Claude.
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.
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.
Consumers are snatching up the iPhone 15 as they look to swap their old devices for something newer and more powerful, analysts said.
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.
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.
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.
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.
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.
The tarantula's coloring resembles "electrical sparks," researchers said.
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.
Thieves are hacking into modern car computer systems to steal vehicles in seconds. CBS News Consumer Correspondent Ash-Har Quraishi reports.
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.
London police said that it had "received a number of allegations of sexual offences" regarding Russell Brand.
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.
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.
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.
In a dramatic 13-minute plunge back to Earth, the OSIRIS-REx sample return capsule safely landed in Utah after seven years in space.
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.
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.
Inside South Carolina's "trial of the century" — how investigators built their case
What Angelina Fernandes saw the night her mother was accused of murder.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
How prosecutors made the case that the Wisconsin man killed his parents Bart and Krista Halderson in July 2021.
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.
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.
Thieves are hacking into modern car computer systems to steal vehicles in seconds. CBS News Consumer Correspondent Ash-Har Quraishi reports.
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.
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.
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.