Social Security's cost-of-living adjustment could reach nearly 4% in 2027
A larger COLA would boost monthly checks for retirees, but also strain Social Security's already depleted trust funds.
Social Security
U.S. debt has surpassed GDP, here's why
For the first time since World War II, the U.S. national debt has surpassed the size of its economy. CBS News MoneyWatch associate managing editor Aimee Picchi has more.
Americans say this is their "magic number" to retire comfortably
Most people fall far short of the savings they say they will need to maintain their standard of living in retirement, data shows.
$100,000 in Social Security benefits? New proposal would cap them.
With Social Security's trust fund sliding toward insolvency, one group wants to cap benefits for the wealthiest U.S. couples.
Social Security could run dry earlier than expected, analysis finds
The Social Security Administration wouldn't stop issuing benefits once its trust funds are exhausted, but it could be forced to cut benefits.
The typical American worker has $955 saved for retirement
Millions of Americans lack access to any type of retirement plan, hampering their ability to save for old age.
What to know about student loans default
The U.S. government is sending notices to borrowers who may have defaulted on student loans. CBS News' Jill Schlesinger breaks down how your wages and tax returns could be at stake.
How the Medicare premium hike could impact your Social Security check
A higher Medicare Part B premium in 2026 could erode next year's cost-of-living adjustment for Social Security recipients, experts say.
How a change to Social Security could impact retirement in 2026
Social Security's full retirement age is changing next year, affecting when the youngest baby boomers and Gen Xers can collect 100% of their benefits.
How could a government shutdown affect Social Security recipients?
The U.S. government shut down on Wednesday after Congress failed to approve funding for federal agencies. Here's how that could affect Social Security recipients.
Social Security sets its COLA increase for 2026 at 2.8%
Social Security's annual cost-of-living adjustment is aimed at helping the program's 75 million beneficiaries keep pace with inflation.
Here's what economists say to expect from Friday's inflation report
Economists think inflation around the U.S. continued to climb in September, edging farther away from the Fed's 2% annual target.
6/23/2024: "The Capital of Free Russia;" "Our Mistake is Your Responsibility;" "Law of the Sea"
First, Putin’s courageous Russian critics speak out. Then, a look at what happens when Social Security mistakenly overpays. And, U.S. fails to ratify treaty for ocean mining.
90% of Americans plan to skip the No. 1 piece of Social Security advice
Financial pros recommend waiting as long as possible to claim your Social Security benefits. Most Americans say they're ignoring that advice.
New Social Security scam features fake U.S. Supreme Court letter
A new scam involves fake letters that appear to be from U.S. Supreme Court Chief Justice John Roberts — but it's a ploy to trick seniors, agency warns.
Government shutdown delays Social Security's cost-of-living announcement
Citing the shutdown, the Social Security Administration postponed its announcement of the annual payment bump beneficiaries will receive in 2026.
Government shutdown's impacts on U.S. economy
The government shutdown could affect parts of the U.S. economy and the decisions Americans make on taxes and other financial matters. CBS News' Jill Schlesinger has more.
Social Security to shift to fully electronic payments starting Sept. 30
The Social Security Administration is transitioning to electronic payments next week after 85 years of issuing paper checks to U.S. retirees.
New home sales hit 3-year high
Data shows sales of newly-built homes have jumped to the highest level in three years. CBS News MoneyWatch correspondent Kelly O'Grady explains what's driving the jump.
Social Security COLA could increase 2.7% in 2026, new estimate shows
A 2.7% COLA increase would raise the average monthly Social Security payment by about $54.
As Social Security turns 90, its problems are only mounting with age
As Social Security celebrates its 90th anniversary, concerns are growing over its funding and recent staffing cuts.
Social Security 2026 cost-of-living adjustment predicted to increase 2.7%
One advocacy group estimates that Social Security recipients will get a 2.7% cost-of-living increase in 2026.
How safe is our Social Security safety net?
The Social Security Administration was already at its smallest size in 50 years when, earlier this year, Elon Musk's DOGE team eliminated another 14% of its employees. Former Social Security Administration commissioner Michael Astrue says those in the Trump administration trying to drive change don't understand the system and could put benefits at risk. Correspondent David Pogue reports. [Originally broadcast April 13, 2025.]
When Social Security mistakenly overpays
Each year, about two million people are told they owe the Social Security Administration money because the agency miscalculated their benefits and paid them too much.
Social Security backs away from plan to eliminate paper checks
The Social Security Administration had planned to eliminate all paper checks by Sept. 30. Now the agency says it will continue issuing checks as needed.
Live
Iran "negotiating on fumes," Trump says, as Israel ramps up war in Lebanon
As the U.S. and Iran keep up the bluster but appear ready to de-escalate, Israel expands deadly attacks on the complex war's other front in Lebanon.
Exclusive
Jill Biden: "I was frightened" by 2024 debate, thought husband was having a stroke
Former first lady Jill Biden said she thought her husband, Joe Biden, was having a stroke during the 2024 debate against Donald Trump.
Talarico: Paxton "clipping my cringey comments to distract from his career of corruption"
Texas state Rep. James Talarico, the Democratic nominee for U.S. Senate in the Lone Star State, concedes some past statements during debates over transgender policy "missed the mark."
First on CBS
Conservative tech critic seen as leading candidate to be DOJ antitrust chief
The former assistant attorney general for the Justice Department Antitrust Division, Gail Slater, was abruptly terminated in February after clashes with Pam Bondi and Todd Blanche.
Assistant who injected Matthew Perry with ketamine gets over 3 years in prison
Kenneth Iwamasa, 60, is the fifth and final person sentenced for playing a role in Matthew Perry's 2023 ketamine death.
2 dead, 9 workers "unrecovered" after Washington chemical tank implosion
The damaged tank at Nippon Dynawave Packaging Co. held approximately 900,000 gallons of white liquor, a chemical used in paper processing, authorities said.
5 of 7 people trapped in flooded Laos cave for more than a week found alive
Five villagers stuck in a flooded cave in central Laos for more than a week were found alive, rescuers said Wednesday, but two others are missing.
U.S. setting up Ebola quarantine facility in Kenya, officials say
The U.S. is in the process of setting up a quarantine facility in Kenya for Americans who were exposed to Ebola or infected with the deadly illness.
Bondi undergoing treatment for thyroid cancer after recent diagnosis
Former Attorney General Pam Bondi is undergoing treatment for thyroid cancer, she told CBS News.
U.S.
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How much money you need to earn to afford a home in 49 U.S. cities
A household earning the average income would need to spend 40% of its income to afford the typical U.S. home, according to Redfin.
Zelenskyy pushes U.S. for more Patriot missiles, warning of Russian attacks
President Volodymyr Zelenskyy urged the U.S. to expand deliveries of Patriot missile systems, warning that Russia is preparing a broader campaign of ballistic missile attacks.
Talarico: Paxton "clipping my cringey comments to distract from his career of corruption"
Texas state Rep. James Talarico, the Democratic nominee for U.S. Senate in the Lone Star State, concedes some past statements during debates over transgender policy "missed the mark."
Alabama asks Supreme Court to allow congressional map found racially discriminatory
Alabama Republicans asked the Supreme Court to allow the state to use a congressional map that would give the GOP an edge in the midterm elections.
Bondi undergoing treatment for thyroid cancer after recent diagnosis
Former Attorney General Pam Bondi is undergoing treatment for thyroid cancer, she told CBS News.
MoneyWatch
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First on CBS
Conservative tech critic seen as leading candidate to be DOJ antitrust chief
The former assistant attorney general for the Justice Department Antitrust Division, Gail Slater, was abruptly terminated in February after clashes with Pam Bondi and Todd Blanche.
How much money you need to earn to afford a home in 49 U.S. cities
A household earning the average income would need to spend 40% of its income to afford the typical U.S. home, according to Redfin.
The safest vehicles for teen drivers and how much they cost
The Insurance Institute and Consumer Reports ranked 96 of the safest cars for teens. Here's what to know.
BP ousts recently appointed chair over "conduct issues"
The board upheaval comes less than a year after BP appointed Albert Manifold to the role.
Kevin Warsh is now leading the Fed. His main challenge is a doozy.
Warsh is taking over as Fed chair as the U.S. faces the hottest inflation in years, impeding the interest rate cuts that President Trump has demanded.
Politics
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First on CBS
Conservative tech critic seen as leading candidate to be DOJ antitrust chief
The former assistant attorney general for the Justice Department Antitrust Division, Gail Slater, was abruptly terminated in February after clashes with Pam Bondi and Todd Blanche.
Exclusive
Jill Biden: "I was frightened" by 2024 debate, thought husband was having a stroke
Former first lady Jill Biden said she thought her husband, Joe Biden, was having a stroke during the 2024 debate against Donald Trump.
Exclusive
Justice Dept. to start fast-tracking benefits fraud enforcement
The U.S. Department of Justice tells CBS News it will speed up review of certain whistleblower complaints dealing with fraud against benefits programs like Medicare.
U.S. setting up Ebola quarantine facility in Kenya, officials say
The U.S. is in the process of setting up a quarantine facility in Kenya for Americans who were exposed to Ebola or infected with the deadly illness.
Zelenskyy pushes U.S. for more Patriot missiles, warning of Russian attacks
President Volodymyr Zelenskyy urged the U.S. to expand deliveries of Patriot missile systems, warning that Russia is preparing a broader campaign of ballistic missile attacks.
HealthWatch
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Sponsored
HealthWatch
TV host Ty Pennington on bronchiectasis
HGTV host and designer Ty Pennington opens up about his mother's yearslong battle with bronchiectasis, a chronic lung condition that often goes undiagnosed, and shares tips for caregivers on creating a calm environment. (Sponsored by Insmed)
Trump has third medical exam of the past year
President Trump said his health "checked out perfectly" after a medical checkup on Tuesday. Nancy Cordes reports.
Second Ebola treatment center set on fire in epicenter of disease's outbreak
Angry residents of a town at the epicenter of the Ebola outbreak in eastern Congo attacked and burned a tent that was part of a health center where people are being treated for the virus.
The latest details on the Ebola outbreak
Officials have increased the number of countries in Africa at risk for Ebola from three to 10. A third entry point is open for Americans traveling from certain high-risk countries back into the U.S. Holly Williams reports.
What to know about the chemical tank in California that forced evacuations
The tank at GKN Aerospace is estimated to contain 7,000 gallons of methyl methacrylate, a volatile chemical used to produce plastics.
World
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Official complains of persecution over CIA agents' deaths in Mexico
Two CIA agents died in a car crash while accompanying soldiers and state prosecutors in a raid of a drug lab in Chihuahua.
U.S. setting up Ebola quarantine facility in Kenya, officials say
The U.S. is in the process of setting up a quarantine facility in Kenya for Americans who were exposed to Ebola or infected with the deadly illness.
Zelenskyy pushes U.S. for more Patriot missiles, warning of Russian attacks
President Volodymyr Zelenskyy urged the U.S. to expand deliveries of Patriot missile systems, warning that Russia is preparing a broader campaign of ballistic missile attacks.
Is a shifting tide behind a Russian warning to foreigners in Ukraine?
As Russia hammers Ukraine with bombs and warns foreigners to flee its capital, analysts think it may reflect a war "shifting in favor of Ukrainian forces."
China executes man for poisoning billionaire Netflix producer
Xu Yao was found guilty of killing Lin Qi, the founder of the company that holds the film adaptation rights for the blockbuster sci-fi trilogy "The Three-Body Problem."
Entertainment
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Entertainment
Estelle on her latest album "Stay Alta"
Grammy Award-winning artist Estelle released her sixth studio album, titled "Stay Alta," and joins CBS News 24/7 Mornings to reflect on her career and discuss what this record means for her.
Josh Johnson on new special, career in comedy
Comedian Josh Johnson talks with "CBS Mornings" about finding humor in everyday life, how storytelling is at the center of his jokes and his first HBO special, "Symphony."
Top moments from the American Music Awards
There were 12 new categories this year at the American Music Awards, which were held on Memorial Day. For the second time at the awards show, BTS took home the night's biggest prize.
Extended interview: Josh Johnson
Comedian Josh Johnson talks to CBS News' Vladimir Duthiers about his journey from becoming a writer to a correspondent and host on "The Daily Show," his new special, "Josh Johnson: Symphony" on HBO Max, how his family influenced his comedy and more.
Sonny Rollins, trailblazing jazz saxophonist, dies at age 95
Sonny Rollins, the legendary tenor saxophonist known for his bold tone and constant experimentation, has died at 95.
Technology
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Technology
Study evaluates AI's accuracy on news
More than 1 billion people worldwide use artificial intelligence chatbots, but just how accurate are the answers? Forum AI released results from its latest study to determine the accuracy of chatbots in news and current events. Robbie Goldfarb, co-founder of Forum AI, joins CBS News to discuss.
How the U.S. military is using AI in warfare
CBS News' Chris Livesay gets an inside look at how the U.S. military is using artificial intelligence on the battlefield.
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.
Pope Leo's AI warning rocks tech industry
Pope Leo XIV warns of the dangers of artificial intelligence in his first encyclical. CBS News' Chris Livesay reports.
Pope Leo calls for "disarming" of AI in technology-focused encyclical
In his "Magnifica Humanitas" encyclical, Pope Leo warns that as civilization grapples with the power of AI, the main challenge is remaining "profoundly human."
Science
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New species of blue octopus discovered 5,900 feet underwater
The new species, named Microeledone galapagensis, has a blue hue, which is believed to be the rarest color in nature.
What we know about new UFO file release
The Pentagon has released another batch of never-before-seen files on reported UFO sightings. CBS News senior national security correspondent Charlie D'Agata reports.
Atlantic hurricane season is coming up. Here's what NOAA predicts.
The 2026 Atlantic hurricane season is quickly approaching, and the National Oceanic and Atmospheric Administration is releasing its forecast for what to expect.
2 humpback whales swam record-breaking distance, photos reveal
The pictures represent the longest-distance ever seen between two pictures of the same humpback whale, researchers said.
Live chicks hatched from artificial eggshell, biotech company says
Independent scientists say the technology, while impressive, lacks some components to be truly considered an artificial egg.
Crime
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Crime
Clues in the Lynette Hooker investigation
An infrared camera mounted on the sailboat used by Brian and Lynette Hooker in the Bahamas could contain clues about her disappearance, CBS News has learned. Cristian Benavides has more.
China executes man for poisoning billionaire Netflix producer
Xu Yao was found guilty of killing Lin Qi, the founder of the company that holds the film adaptation rights for the blockbuster sci-fi trilogy "The Three-Body Problem."
Matthew Perry's assistant to be sentenced
Matthew Perry's assistant, Kenneth Iwamasa, will be the fifth and final person sentenced for playing a role in the actor's 2023 ketamine death. Carter Evans reports.
Ex-chef who supplied poison for suicides to avoid murder charges
Kenneth Law is a former chef accused of running a number of online forums that offered predominantly young, distressed people advice on how to end their lives.
Minneapolis Police Chief Brian O'Hara resigns after internal probe
Mayor Jacob Frey announced O'Hara's resignation late Tuesday after an investigation found he deleted a contact from his city-issued phone to hide his connection to an employee during a prior investigation.
Space
More Space
NASA's moon base plans include landers, buggies and drones for 2028 mission
Jeff Bezos' Blue Origin, Astrolab, Lunar Outpost and Firefly Aerospace are awarded with hundreds of millions of dollars in NASA contracts for the first phase of its moon base plans.
China launches spacecraft with astronaut set to remain in space for a year
China has launched the Shenzhou 23 spacecraft with three astronauts heading to its space station.
SpaceX launches more powerful Super Heavy-Starship rocket
Perfecting SpaceX's mammoth rocket will be critical to NASA's plans for returning astronauts to the surface of the moon.
SpaceX launch of more powerful Super Heavy-Starship rocket scrubbed at last minute
The new rocket features a host of upgrades intended to improve safety and performance of the world's most powerful rocket.
SpaceX to explore "the true nature of the universe" as it plans IPO
Elon Musk's SpaceX is moving ahead with plans to go public in what some expect will be the biggest IPO ever.
Latest Galleries
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Notable Deaths in 2026
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Evidence in the Barbara Kendhammer case
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
The life & near death of prizefighter Christy Salters-Martin
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
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
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Latest CBS News Videos
Jill Biden: "I was frightened" by 2024 debate
Former first lady Jill Biden said she was "frightened" by her husband Joe Biden's performance at the 2024 presidential debate. "As I watched it, I thought, 'Oh, my God, he's having a stroke.' And it scared me to death," Biden told Sunday Morning's Rita Braver in an interview airing Sunday.
Iran official: Renewed fighting seems unlikely
A senior official with Iran's Revolutionary Guard says renewed fighting with the United States seems unlikely as peace negotiations continue. CBS News Middle East contributor Courtney Kealy reports.
Zelenskyy asks Trump for more weapons
Ukrainian President Volodymyr Zelenskyy sent a letter to President Trump over Memorial Day weekend asking for more Patriot missiles from the United States. CBS News' Katrina Kaufman has more.
Trump: No one will control Strait of Hormuz
President Trump took questions on a number of topics Wednesday at the White House during a Cabinet meeting. Following Trump's remarks, Natalie Brand provided more context.
Full interview: James Talarico
State Rep. James Talarico, the Democratic candidate for Texas Senate, speaks with CBS News' Ed O'Keefe for his first network interview since state Attorney General Ken Paxton defeated incumbent John Cornyn in the GOP runoff election. Talarico called Paxton the "most corrupt politician in America" and slammed him for giving out "Epstein-style sweetheart deals to pedophiles."