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.
Social Security
$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.
Growing share of retirees lean heavily on Social Security, AARP says
More than three-quarters of Americans fear Social Security won't provide enough to live on when they retire, AARP study finds.
Americans are holding off on retirement over money concerns, study finds
About 23% of people over 50 want to delay their retirements over financial readiness and economic worries, a survey found.
Live
U.S. sinks 7 Iranian boats as Iran attacks UAE, ships in Strait of Hormuz
Iran launched attacks on the UAE and tankers in the Strait of Hormuz while the U.S. destroyed Iranian boats "that attempted to interfere" with Project Freedom.
Judge "very troubled" by accused correspondents' dinner gunman's treatment in jail
A federal judge on Monday sharply criticized the treatment of accused White House Correspondents' Dinner attacker Cole Allen, at one point apologizing to the defendant for what he saw as overly restrictive and punitive conditions in jail.
2 U.S. Navy destroyers transit Strait of Hormuz after dodging Iranian onslaught
Two U.S. Navy destroyers transited the Strait of Hormuz and entered the Persian Gulf after navigating an Iranian barrage, according to defense officials.
Exclusive
Inside the effort to replace America's Minuteman III nuclear missiles
Hundreds of Minuteman III nuclear missile silos dot the landscape from Colorado up to the Canadian border, but a major transition is underway.
The U.S. debt now exceeds the country's GDP. Should we worry?
Federal debt held by the public now surpasses the total value of the nation's economic output. Here's why experts say that's a concern.
1 missing U.S. soldier in Morocco was trying to save another, officials say
Search and rescue efforts were still underway as of Monday after the two U.S. Army soldiers went missing off Morocco's southern coast over the weekend while off duty during a training exercise.
Blake Lively and Justin Baldoni reach settlement in "It Ends With Us" lawsuit
A trial in the lawsuit between Blake Lively and Justin Baldoni was set to begin later in May.
SCOTUS lets redistricting ruling take effect immediately, sparking angry exchange
The Supreme Court on Monday allowed last week's landmark decision striking down Louisiana's congressional map to take effect immediately, drawing a sharp back-and-forth between two justices.
Exclusive
Elizabeth Smart says she feels liberated after body building competitions
Elizabeth Smart, who survived abduction and sexual abuse as a teenager and went on to become a child safety advocate, recently revealed a pivot into body building.
U.S.
More U.S.
The U.S. debt now exceeds the country's GDP. Should we worry?
Federal debt held by the public now surpasses the total value of the nation's economic output. Here's why experts say that's a concern.
SCOTUS lets redistricting ruling take effect immediately, sparking angry exchange
The Supreme Court on Monday allowed last week's landmark decision striking down Louisiana's congressional map to take effect immediately, drawing a sharp back-and-forth between two justices.
Exclusive
Inside the effort to replace America's Minuteman III nuclear missiles
Hundreds of Minuteman III nuclear missile silos dot the landscape from Colorado up to the Canadian border, but a major transition is underway.
1 missing U.S. soldier in Morocco was trying to save another, officials say
Search and rescue efforts were still underway as of Monday after the two U.S. Army soldiers went missing off Morocco's southern coast over the weekend while off duty during a training exercise.
Judge "very troubled" by accused correspondents' dinner gunman's treatment in jail
A federal judge on Monday sharply criticized the treatment of accused White House Correspondents' Dinner attacker Cole Allen, at one point apologizing to the defendant for what he saw as overly restrictive and punitive conditions in jail.
MoneyWatch
More MoneyWatch
The U.S. debt now exceeds the country's GDP. Should we worry?
Federal debt held by the public now surpasses the total value of the nation's economic output. Here's why experts say that's a concern.
How much does a ticket to the Met Gala cost in 2026?
Tickets for Monday's Metropolitan Museum of Art event in New York City are into the six figures — if you get an invite.
Spirit Airlines says it has refunded most customers after shutdown
Some Spirit Airlines customers with flight tickets could be out of luck after the discount carrier ceased operations.
Trump family's World Liberty Financial sues billionaire for defamation
The lawsuit ramps up a feud between World Liberty Financial and Sun, who last month sued the Trump-backed company for fraud.
GameStop offers to buy eBay for $55.5 billion, threatens hostile bid
EBay said on Monday that it will "carefully review" GameStop's unsolicited $ 125-per-share takeover offer.
Politics
More Politics
Education Dept. probing all-women's Smith College for admitting trans women
The U.S. Department of Education says it's opened an investigation into Smith College, an all-women's institution in Massachusetts, for admitting transgender women.
Latest U.S. strike on alleged drug boat kills 2 in Caribbean, military says
The U.S. military says it launched another strike on a boat accused of ferrying drugs in the Caribbean Sea, killing two people, as number of recent strikes continues to ramp up.
SCOTUS lets redistricting ruling take effect immediately, sparking angry exchange
The Supreme Court on Monday allowed last week's landmark decision striking down Louisiana's congressional map to take effect immediately, drawing a sharp back-and-forth between two justices.
2 U.S. Navy destroyers transit Strait of Hormuz after dodging Iranian onslaught
Two U.S. Navy destroyers transited the Strait of Hormuz and entered the Persian Gulf after navigating an Iranian barrage, according to defense officials.
Judge "very troubled" by accused correspondents' dinner gunman's treatment in jail
A federal judge on Monday sharply criticized the treatment of accused White House Correspondents' Dinner attacker Cole Allen, at one point apologizing to the defendant for what he saw as overly restrictive and punitive conditions in jail.
HealthWatch
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HealthWatch
Latest on apparent hantavirus cruise outbreak
A suspected outbreak of hantavirus on a cruise ship has killed three people, officials say. Tom Hanson reports.
Alito temporarily restores FDA rule allowing abortion pill to be sent by mail
A federal appeals court blocked a FDA rule that allowed the abortion pill mifepristone to be dispensed through the mail.
Apparent hantavirus outbreak kills 3 on cruise ship, sickens at least 3 more
A suspected outbreak of the rare hantavirus on a cruise ship in the Atlantic off Africa killed three people and sickened at least three others, health officials say.
5/3: Sunday Morning
Hosted by Jane Pauley. Featured: The effects of overtourism; horse therapy; a tool to help keep dementia in check; Sting on "The Last Ship"; a golf journalist takes over a failing golf course; a Mozart exhibition; and collecting PEZ dispensers.
A tool to help keep dementia in check
Many people fear that a family history of dementia dooms them to inevitably suffer the condition themselves. But a new tool, the Brain Care Score, shows how lifestyle changes can be beneficial, cutting the risk of dementia. National Public Radio correspondent Allison Aubrey talks with neurologist Dr. Jonathan Rosand about how making changes to your daily habits might just be the prescription needed.
World
More World
Latest U.S. strike on alleged drug boat kills 2 in Caribbean, military says
The U.S. military says it launched another strike on a boat accused of ferrying drugs in the Caribbean Sea, killing two people, as number of recent strikes continues to ramp up.
Fireworks plant explosion in China kills at least 26, state media say
An explosion at a fireworks plant in a province in central China killed at least 26 people and injured 61 others, authorities said. The cause was unknown. The person in charge was detained.
2 U.S. Navy destroyers transit Strait of Hormuz after dodging Iranian onslaught
Two U.S. Navy destroyers transited the Strait of Hormuz and entered the Persian Gulf after navigating an Iranian barrage, according to defense officials.
1 missing U.S. soldier in Morocco was trying to save another, officials say
Search and rescue efforts were still underway as of Monday after the two U.S. Army soldiers went missing off Morocco's southern coast over the weekend while off duty during a training exercise.
Russia and Ukraine declare separate ceasefires ahead of WWII anniversary
Russia on Monday declared a unilateral ceasefire with Ukraine between May 8-9, when Moscow marks its annual World War II Victory Day commemorations.
Entertainment
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Entertainment
Best 2026 Met Gala looks
Celebrities graced the Met's green and white carpet with their interpretations of this year's dress code, "Fashion is Art," inspired by the exhibit "Costume Art." Here are some of the most unforgettable, showstopping looks of the night.
Celebrities arrive at Met Gala
The Met Gala got underway in New York City Monday night, but it wasn't without controversy. CBS News reporter Jared Ochacher has more.
Justin Baldoni and Blake Lively settle
Justin Baldoni and Blake Lively have reached a settlement in their legal battle over the making of "It Ends With Us." Details of the agreement have not yet been made public.
Controversy at 2026 Met Gala
The 2026 Met Gala is facing controversy over its honorary chairs, Amazon founder Jeff Bezos and his wife, Lauren Sanchez Bezos. Adrianna Diaz reports.
Blake Lively and Justin Baldoni reach settlement in "It Ends With Us" lawsuit
A trial in the lawsuit between Blake Lively and Justin Baldoni was set to begin later in May.
Technology
More Technology
GameStop offers to buy eBay for $55.5 billion, threatens hostile bid
EBay said on Monday that it will "carefully review" GameStop's unsolicited $ 125-per-share takeover offer.
Almanac: May 3
"Sunday Morning" looks back at historical events on this date.
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.
Reducing data center impact on U.S. power grid
Powerful artificial intelligence data centers are putting a significant strain on the nation's power grid, but one U.S.-based company has a proposal to help solve the issue. Jon Parella, CEO and founder of Terraflow Energy, joins to discuss.
Apple's latest earnings beat expectations
Apple's latest earnings report beat Wall Street expectations. CBS News contributor Patrick McGee joins with more.
Science
More Science
Mysterious world beyond Pluto may have atmosphere, study says
If confirmed, the rock would become just the second world past Neptune in our solar system to host an atmosphere.
Bill Nye on the Artemis II moon mission
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.
Trump administration fires board overseeing National Science Foundation
The Trump administration has fired all 22 current members of an independent board that oversees the National Science Foundation, one dismissed member says.
AI used to reveal face of victim fleeing Mount Vesuvius eruption
Archaeologists found the victim holding a terracotta mortar, which they interpret as an improvised attempt to shield his head.
In a first, endangered orangutan seen using canopy bridge to cross road
Rapid development has been shrinking the jungle habitat of the critically endangered species, and fatal conflicts with people have been increasing.
Crime
More Crime
Crime
Gunman shot near Washington Monument
The White House was on lockdown Monday afternoon after the Secret Service shot a gunman just blocks away near the Washington Monument. Nicole Sganga reports.
Cole Allen moved off suicide watch
Cole Allen, the suspected shooter at the White House Correspondents' Dinner, was moved off suicide watch in jail ahead of his appearance in court on Monday. CBS News senior coordinating producer Anna Schecter has more.
Record cocaine haul seized in Atlantic by Spanish police, union says
Spanish police impounded what is believed to be a national record haul of cocaine from a ship, with the seizure potentially reaching 40 tons, a union said.
Claims on shot that hit Secret Service agent
U.S. Attorney for the District of Columbia Jeanine Pirro is claiming that Cole Allen, the suspect linked to a shooting at the White House Correspondents' Dinner, fired a shot that hit a Secret Service agent's vest. CBS News' Katrina Kaufman has more.
Shooting at lake near Oklahoma City leaves at least 18 injured
At least 18 people were at hospitals following a shooting at a party at Arcadia Lake, near Oklahoma City, police say.
Space
More Space
Mysterious world beyond Pluto may have atmosphere, study says
If confirmed, the rock would become just the second world past Neptune in our solar system to host an atmosphere.
Artemis crew surprises 5-year-old aspiring astronaut with special gift
The Artemis II team gained a new member, and the crew made sure their youngest teammate had the right stuff for space.
Artemis II crew reveals what snack they ate right after splashdown
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.
Artemis II astronauts talk mission toilet troubles: "We made do"
The plumbing issues aboard the Orion capsule became headline news in the early days of the historic Artemis II mission.
Only on CBS
Artemis crew tells kids moon flight was "the best roller coaster ride"
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.
Latest Galleries
More Latest Galleries
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
More Latest CBS News Videos
Latest CBS News Videos
Best 2026 Met Gala looks
Celebrities graced the Met's green and white carpet with their interpretations of this year's dress code, "Fashion is Art," inspired by the exhibit "Costume Art." Here are some of the most unforgettable, showstopping looks of the night.
Breaking down the U.S. gerrymandering battle
Florida has become the latest state to approve a partisan gerrymandered congressional map. CBS News executive director of elections and surveys Anthony Salvanto has a look at the nationwide congressional redistricting moves.
5/4: The Takeout with Major Garrett
Fallout continues from Spirit Airlines' closure; new details on missing U.S. soldiers in Morocco.
5/4: CBS Evening News
Secret Service shoots gunman near Washington Monument; United flight was only 20 feet above New Jersey Turnpike when landing gear hit truck.
Update on suspect in D.C. press gala shooting
A federal judge on Monday criticized the treatment of accused White House Correspondents' Dinner attacker Cole Allen, at one point apologizing to the defendant for what he saw as overly restrictive and punitive conditions at the D.C. jail where he is being held. CBS News' Jake Rosen reports.