Social Security checks face $17,400 cut without changes: study
Retirement program's reserves are slated to be depleted in 2033. New analysis says senior poverty could surge as a result.
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Retirement program's reserves are slated to be depleted in 2033. New analysis says senior poverty could surge as a result.
Over the next few years, the U.S. could see a surge in seniors living in poverty, one retirement expert predicts.
Never-before-seen video from January 6 shows lawmakers in hiding, seeking help to stop the riot; California serial killer may also be connected to Chicago murders.
The Marmions' nonstop vacation began when they realized they didn't save enough to retire comfortably in the U.S. Carter Evans has their story.
The most recent inflation data could impact everything from your mortgage to Social Security benefits.
CBS News has learned a majority of Black children who have lost a parent could be missing out on federal survivor payments. Kids who qualify are eligible to receive about three-quarters of their deceased parent's Social Security benefits. CBS News White House reporter Bo Erickson has more.
President Joe Biden and House Speaker Kevin McCarthy announced late Saturday that they had reached an agreement in principle to raise the debt ceiling. Democratic House Minority Leader Hakeem Jeffries tells "Face the Nation" that he expects his caucus to vote for the deal because it "protects" Social Security, Medicare, Medicaid, veterans and the "American people."
The conservative Club for Growth tees off on Trump over Social Security in an ad filled with golf puns.
Republican lawmakers want the government to slash federal spending, which ballooned during the pandemic.
The U.S. could run out of money to pay its bills as soon as June 1 if a debt limit deal isn't reached. This could delay social security, medical and food assistance and potentially cost millions of jobs. Nikole Killion reports from Washington.
"It's hard to overstate how bad it would be," one expert said. Everything from Social Security payments to your retirement fund could get hit.
Millions of Social Security recipients "need to be very careful" about spending because payments could be delayed, one expert said.
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 of the Social Security program may get a cost-of-living adjustment of 3.1% next year, one forecast says.
The retirement program keeps millions of older Americans out of poverty. Big cuts could be in store if the program isn't shored up.
President Biden on Tuesday officially announced his 2024 reelection bid. The president said his campaign will focus on issues including protecting Social Security and access to abortion services. Ed O'Keefe has the latest.
A new survey shows an alarming number of older Americans are not financially prepared for retirement. CBS MoneyWatch associate managing editor Aimee Picchi joins CBS News' Meg Oliver and Elaine Quijano to discuss.
CBS MoneyWatch associate editor Aimee Picchi joins Errol Barnett and Lana Zak to discuss millennials' financial plans for retirement and how they differ from those of an older generation.
About 1 in 5 millennials is counting on their children to support them in old age, and less than half are banking on Social Security.
1 in 4 older Americans may have to work longer or scrimp and save to make ends meet in their golden years, a new study suggests.
Views of economy remain negative, with a mixed outlook at best, as possible debt limit crisis looms.
Entitlement programs such as Social Security and Medicare could be forced to cut benefits as soon as 2031, according to a new report from the funds' trustees.
Benefit checks, adjusted each year for inflation, could see their smallest increase since 2020, a senior citizen's group says.
Divorced people can often collect benefits under the federal retirement program based on their ex-spouse's work history.
Eliminating or lifting the tax cap would help stabilize Social Security, while also being fairer to most Americans, experts say.
President Trump said Tuesday he has paused Project Freedom, a U.S. effort to guide commercial ships through the Strait of Hormuz.
President Trump had backed challengers to Indiana state senators who voted against his redistricting plan — and on Tuesday, most of them won.
Hegseth said the ceasefire with Iran "certainly holds" for now after a naval clash between Iranian and U.S. forces and renewed attacks on the UAE.
Vivek Ramswamy will face Democrat Amy Acton, a former Ohio Department of Public Health director, in November.
Border czar Tom Homan conceded "things weren't perfect" during the crackdown in Minneapolis, but stressed that the administration is not backing down from its mass deportation effort.
CBS News projected that former Sen. Sherrod Brown won the Democratic primary, while incumbent Sen. Jon Husted ran unopposed.
The U.S. Coast Guard is trying to find the owners of a sailboat that may have been moored next to Lynette Hooker's vessel the night she disappeared in the Bahamas, marking a new development in the search for the missing Michigan woman.
The U.S. warns that transiting the normal route could be "extremely hazardous" because of mines laid in the Strait of Hormuz by Iran.
Passengers aboard the ship are in good spirits but may have to quarantine for "eight weeks," a World Health Organization official told CBS News.
Authorities say Craig Berry, a retired special forces soldier, shot his wife and then fled into the woods in northern Tennessee.
The U.S. warns that transiting the normal route could be "extremely hazardous" because of mines laid in the Strait of Hormuz by Iran.
Border czar Tom Homan conceded "things weren't perfect" during the crackdown in Minneapolis, but stressed that the administration is not backing down from its mass deportation effort.
Employment watchdog accuses the New York Times of violating federal law by passing over a White male journalist for a job.
The U.S. Coast Guard is trying to find the owners of a sailboat that may have been moored next to Lynette Hooker's vessel the night she disappeared in the Bahamas, marking a new development in the search for the missing Michigan woman.
Employment watchdog accuses the New York Times of violating federal law by passing over a White male journalist for a job.
The lawsuit claims that Meta's Llama is generating summaries — and, in some cases, verbatim copies — of original works.
Routes that are under a certain distance will no longer offer food and beverage service, the airline said.
Utz Quality Foods is recalling some of its Zapp's and Dirty brand potato chips because an ingredient may be contaminated by salmonella.
The largest U.S. health insurer said it will eliminate approval requirements for some treatments, including select outpatient surgeries and other procedures.
Derek Merrin won the GOP primary in Ohio's 9th Congressional District on Tuesday, setting up a rematch against longtime Democratic Rep. Marcy Kaptur in what's expected to be one of the most contested House races of the year.
The attack came a day after U.S. forces struck an alleged drug boat in the Caribbean Sea, killing two people.
President Trump had backed challengers to Indiana state senators who voted against his redistricting plan — and on Tuesday, most of them won.
Vivek Ramswamy will face Democrat Amy Acton, a former Ohio Department of Public Health director, in November.
CBS News projected that former Sen. Sherrod Brown won the Democratic primary, while incumbent Sen. Jon Husted ran unopposed.
A rare form of hantavirus is believed to have spread person-to-person on board a cruise ship. Three people are dead, four more are ill and nearly 150 others are stranded aboard the ship, where they will stay potentially for months until they are cleared to leave. Tom Hanson has more.
A suspected hantavirus outbreak on the MV Hondius cruise ship has killed three people and sickened at least four others, officials said.
The largest U.S. health insurer said it will eliminate approval requirements for some treatments, including select outpatient surgeries and other procedures.
A suspected outbreak of hantavirus on a cruise ship has killed three people, officials say. Tom Hanson reports.
A federal appeals court blocked a FDA rule that allowed the abortion pill mifepristone to be dispensed through the mail.
The attack came a day after U.S. forces struck an alleged drug boat in the Caribbean Sea, killing two people.
President Trump said Tuesday he has paused Project Freedom, a U.S. effort to guide commercial ships through the Strait of Hormuz.
A suspected hantavirus outbreak on the MV Hondius cruise ship has killed three people and sickened at least four others, officials said.
The city, known for its tolerance of some drugs and sex work, no longer allows ads for airlines, cruises, beef, chicken, pork or fish products.
Keir Starmer warned Tuesday that there would be "consequences" if Iran is proven to be behind a recent series of antisemitic attacks in the capital.
"The Lost Boys," starring Shoshana Bean, leads this year's Tony nominations along with "Schmigadoon!" Both opened just weeks ago, and each cinched 12 nods. CBS News New York reporter Dave Carlin has more about the nominees.
Oprah Winfrey selected "John of John" by award-winning author Douglas Stuart, known for "Shuggie Bain," as her latest book club pick. Watch the author, Douglas Stuart, read an excerpt from his novel that Winfrey calls " a complex and compelling tale that ultimately showcases the transformational power of love."
CBS News' Adriana Diaz and contributor Lauren Sherman join CBS News 24/7 to share details from the 2026 Met Gala.
The nominees for the 79th annual Tony Awards, which air on CBS on June 7, were revealed on Tuesday. CBS News New York's Dave Carlin joins with more.
GAP Inc. executive vice president and creative director Zac Posen discusses designing model Kendall Jenner's dress for this year's Met Gala. He also dives into other looks that stood out at the annual event.
The high-stakes trial between Elon Musk and OpenAI now involves testimony about a co-founder's personal diary. Vanity Fair contributor Tom Dotan joins to discuss.
"This is a new way of working, and we need to leverage AI across every facet of our jobs," CEO Brian Armstrong said in a letter to employees.
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.
A Character AI chatbot falsely claimed to be a licensed psychiatrist in Pennsylvania and provided an invalid license number, the state alleged.
EBay said on Monday that it will "carefully review" GameStop's unsolicited $ 125-per-share takeover offer.
If confirmed, the rock would become just the second world past Neptune in our solar system to host an atmosphere.
Bill Nye The Science Guy, the chief ambassador of The Planetary Society, joins CBS News 24/7 Mornings with more after meeting the Artemis II crew in person after their successful mission around the moon.
The Trump administration has fired all 22 current members of an independent board that oversees the National Science Foundation, one dismissed member says.
Archaeologists found the victim holding a terracotta mortar, which they interpret as an improvised attempt to shield his head.
Rapid development has been shrinking the jungle habitat of the critically endangered species, and fatal conflicts with people have been increasing.
An investigation is underway in New York City after multiple locations were vandalized with antisemitic graffiti. CBS News' Jared Ochacher reports from Queens.
In northern Tennessee, a retired Special Forces soldier is accused of shooting his wife and then using his training to disappear into the woods. Nicole Valdes reports.
Authorities say Craig Berry, a retired special forces soldier, shot his wife and then fled into the woods in northern Tennessee.
A Tarrant County jury sentenced Tanner Horner to death for the 2022 kidnapping and murder of 7-year-old Athena Strand.
Police gave an update Tuesday on a shooting at a Dallas-area shopping center that killed two people. The suspect is in custody, authorities said.
If confirmed, the rock would become just the second world past Neptune in our solar system to host an atmosphere.
The Artemis II team gained a new member, and the crew made sure their youngest teammate had the right stuff for space.
The Artemis II astronauts said they actually really enjoyed the space food, but it was a familiar candy they enjoyed after splashing down in the Pacific Ocean.
The plumbing issues aboard the Orion capsule became headline news in the early days of the historic Artemis II mission.
The Artemis II astronauts joined "CBS Mornings" for a live town hall where they took questions from kids just weeks after returning from their historic moon mission.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
An investigation is underway in New York City after multiple locations were vandalized with antisemitic graffiti. CBS News' Jared Ochacher reports from Queens.
The high-stakes trial between Elon Musk and OpenAI now involves testimony about a co-founder's personal diary. Vanity Fair contributor Tom Dotan joins to discuss.
"The Lost Boys," starring Shoshana Bean, leads this year's Tony nominations along with "Schmigadoon!" Both opened just weeks ago, and each cinched 12 nods. CBS News New York reporter Dave Carlin has more about the nominees.
Rubio says Operation Epic Fury is over; primary day in Indiana and Ohio.
The USS Gerald R. Ford, the Navy's largest aircraft carrier, will soon return to the U.S. after the longest deployment since the Vietnam War. Among the returning sailors is Aviation Boatswain's Mate Airman Tiffany Galarza. Her sister, Brianna Caudill, joins "The Daily Report."