How 401(k) fees can cost tens of thousands in retirement savings
About four in 10 workers aren't even aware they pay fees on their 401(k)s, research has found. Here's what to know.
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About four in 10 workers aren't even aware they pay fees on their 401(k)s, research has found. Here's what to know.
June's payroll gains were much lower than the 100,000 new hires that economists had predicted.
The labor market continues to show strength despite rising inflation and concerns about slowing economic growth.
Hiring once again exceeded forecasts, with employers adding far more than the projected gains of 65,000.
Since 2021, the share of U.S.-based employees who have left their jobs to work in another country has more than doubled.
Earlier this week, Lori Chavez-DeRemer announced she would leave her post as labor secretary. The news came as multiple outlets reported on an internal investigation into alleged workplace misconduct. CBS News has not independently confirmed the allegations. NOTUS reporter Anna Kramer joins "The Daily Report" to discuss.
Labor Secretary Lori Chavez-DeRemer's resignation marks the third Cabinet member to leave the Trump administration over the past two months. Political strategists Kevin Sheridan and Adam Greene join with analysis.
Seven weeks into the Iran war, the conflict is approaching another moment of uncertainty with the two-week ceasefire set to expire Tuesday night. CBS News' Charlie D'Agata and Olivia Rinaldi report.
Lori Chavez-DeRemer is taking a role in the private sector, according to the White House.
Labor Secretary Lori Chavez-DeRemer has resigned, the White House announced on Monday. CBS News senior White House and political correspondent Ed O'Keefe has more.
Economists had forecast a gain of 60,000 jobs last month. The unexpected drop was due to job losses in health care and the federal government.
Surprise burst in hiring across the U.S. last month shows the labor market remains on solid ground.
Employers cut more than 108,000 jobs in January, the highest total for that month since 2009, new data shows.
Economists had expected CPI to rise at an annual rate of 3% last month.
The unemployment rate in November rose to 4.6%, its highest level since September 2021.
The Labor Department released a September jobs report this week that beat expectations, but the department also said it won't release an October jobs report due to the government shutdown. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Lawmakers remain deadlocked on the seventh day of the government shutdown. Secretary of Labor Lori Chavez-DeRemer joins "The Takeout" to discuss the shutdown's stifling of key economic data, the state of the job market and how many jobs artificial intelligence may soon devour.
The agency's Bureau of Labor Statistics would suspend operations if the U.S. government shuts down this week, potentially delaying key economic reports.
Internal review, which will focus on how BLS collects and reports economic data, follows claims by President Trump that the statistics bureau is politicized.
A lackluster jobs report has sparked concern after the Department of Labor announced it only added 22,000 jobs last month and that the unemployment rate is the highest since 2021 at 4.3%. President Trump maintained his stance that the Federal Reserve should cut interest rates.
After President Trump expressed "shock" over the pace of hiring in July, much is riding on the employment data for August.
While phoning into CNBC on Tuesday morning, President Trump defended his decision to fire the labor statistics commissioner following a disappointing jobs report. CBS News MoneyWatch correspondent Kelly O'Grady has more on the fallout.
The White House is defending President Trump's decision to fire the head of the Bureau of Labor Statistics following a weaker-than-expected July jobs report. CBS News' Olivia Rinaldi and Kelly O'Grady have the latest.
President Trump fired the Bureau of Labor Statistics commissioner on Friday. The reason cited, though it lacked evidence, was that last week's job report was "rigged." Katharine Abraham, who held the position from 1993 until 2001, joins "The Takeout" to discuss.
President Trump explained why he fired Bureau of Labor Statistics Commissioner Erika McEntarfer on Friday. Government data showed fewer jobs were added to the U.S. economy last month than expected.
His earlier executive order along those lines was struck down by the Supreme Court in June.
Two-term Rep. Andy Ogles lost the Republican primary for his Tennessee House seat, the Associated Press projects, despite securing an endorsement from President Trump.
Iran and Oman are close to agreeing on new arrangements for the Strait of Hormuz, but not for a full reopening of the vital waterway, Iran's state news agency says.
"They are picking up law-abiding citizens. They're destroying families, jobs," said a Texas man who regrets his vote for President Trump after his fiancée, an immigrant from Venezuela, was detained by ICE.
Republican Sen. Mitch McConnell of Kentucky was hospitalized on June 14.
The Senate Homeland Security Committee voted to hold Dr. Anthony Fauci in contempt of Congress over his refusal to answer questions during testimony last week.
A flesh-eating bacteria found in warm coastal waters is responsible for at least five deaths so far this year in Louisiana, state health officials reported Thursday.
Treasury Secretary Scott Bessent told Arizona bankers the administration won't allow "risks posed by the extension of financial services to illegal aliens."
Though Rep. Haley Stevens stressed a unified front moving forward, she was evasive on whether she would appear with El-Sayed on the campaign trail.
Two-term Rep. Andy Ogles lost the Republican primary for his Tennessee House seat, the Associated Press projects, despite securing an endorsement from President Trump.
A New Mexico court has ordered Instagram and Facebook parent company Meta to pay $567 million to address harms to young people from its platforms.
The Federal Aviation Administration has ordered inspections of hundreds of Boeing 737 Max jets after cracks were found in parts of some older model Boeing planes.
Police said a man charged with starting a wildfire confessed to the crime, describing how he planned it for weeks and created a device to ignite a blaze that destroyed hundreds of buildings.
Though Rep. Haley Stevens stressed a unified front moving forward, she was evasive on whether she would appear with El-Sayed on the campaign trail.
A New Mexico court has ordered Instagram and Facebook parent company Meta to pay $567 million to address harms to young people from its platforms.
Treasury Secretary Scott Bessent told Arizona bankers the administration won't allow "risks posed by the extension of financial services to illegal aliens."
The nation's 152,000 public water systems often lack defenses against malicious actors, cybersecurity experts said. Here's what to know.
Young Americans, tired of working for others and boosted by AI, are driving a surge in new businesses.
Some families could face an additional $2,200 in food costs this year if their kids lose access to free school meals, according to one estimate.
Two-term Rep. Andy Ogles lost the Republican primary for his Tennessee House seat, the Associated Press projects, despite securing an endorsement from President Trump.
Sen. Marsha Blackburn had faced two primary challengers, including Rep. John Rose.
Though Rep. Haley Stevens stressed a unified front moving forward, she was evasive on whether she would appear with El-Sayed on the campaign trail.
Treasury Secretary Scott Bessent told Arizona bankers the administration won't allow "risks posed by the extension of financial services to illegal aliens."
Robert Gilman, 32, is being held at a Russian hospital in what his advocate, Eric Lebson of Global Reach, described as a "dissociative stupor."
A flesh-eating bacteria found in warm coastal waters is responsible for at least five deaths so far this year in Louisiana, state health officials reported Thursday.
A Minnesota woman says she fainted, spiked a 102-degree fever, and was hospitalized with sepsis three days after eating a chicken burrito bowl at a Chipotle in Roseville, and genetic testing connected her case to a multistate outbreak, according to a lawsuit filed Tuesday.
Thursday's vote to hold Dr. Anthony Fauci in contempt of Congress follows years of tension with GOP Sen. Rand Paul, hinging on the origins of the coronavirus and a controversial type of research.
The U.S. Food and Drug Administration has approved a new seasonal flu vaccine from Moderna that uses mRNA technology, the drugmaker announced.
A video showing 3-year-old twins Millie and Maverick reuniting after one of them had to undergo cancer treatment hours away from their home has gone viral. Matt Gutman reports.
A student shot several people at a high school outside Bangkok on Friday, killing three teachers and three students and wounding 15 others, police said.
Robert Gilman, 32, is being held at a Russian hospital in what his advocate, Eric Lebson of Global Reach, described as a "dissociative stupor."
Jason Arday, who joined Cambridge in 2023 at the age of 37, became one of Britain's most high-profile academics after sharing an extraordinary life story.
The heat has set a national temperature record in Austria, fueled wildfires in France and disrupted energy and transportation systems across the continent.
President Trump is taking issue with recent reports of significant U.S. munitions shortages due to the war with Iran.
Diarra Kilpatrick, who stars in "Diarra from Detroit," joins "CBS Mornings" to discuss the show's new season, which premiered on Paramount+ last week.
Amanda Kloots, a Broadway dancer, podcast host and best friend to reality star Harry Jowsey, joins "CBS Mornings" to discuss their new Netflix series "Let's Marry Harry."
The costs of a Broadway musical production have skyrocketed in recent years. CBS News contributor Jamie Wax reports.
Actor Aaron Pierre is starring as John Stewart in the new series "Lanterns." He tells "CBS Mornings" why this character is special to him, what it's like to join the DC Universe and how he managed undergoing surgery during the audition process.
A kind stranger named Ernie helped rock band The Autumn Kings make it to their tour stop after their car broke down in Wisconsin. Matt Gutman reports.
Meet the children leaving their devices behind this summer to flex their entrepreneurial muscles with summer jobs.
Joseph Cox, co-founder of 404 Media, joins CBS News to discuss criticisms of Flock cameras and the push by some cities to replace Flock cameras with different surveillance devices like license plate readers.
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.
U.S. officials suspect Iran-backed hackers may be behind cyberattacks that have been reported in at least 12 states. CBS News homeland security correspondent Nicole Sganga has more details.
Tech giant Meta revealed Wednesday that one of its artificial intelligence models hacked another organization during testing, the third time in recent weeks that an AI model has improperly accessed a third-party company.
Matt Walker, a geneticist and the CEO of Kindred Companion Sciences, joins "CBS Mornings" with his gene-altered beagle, Bailey, to discuss creating future options for people with severe pet allergies.
Researchers were able to peek at the sun's scorching surface with the help of the National Science Foundation's Daniel K. Inouye Solar Telescope, located on the island of Maui in Hawaii.
Hollywood actor Leonardo DiCaprio and Amazon founder Jeff Bezos have announced a $200 million fund set to protect species on the brink of extinction. Carter Evans has the story.
Guatemalan officials on Monday began evacuating two villages near the Fuego volcano due to the ongoing eruption.
The footage is believed to be only the fourth complete humpback whale birth ever recorded on film anywhere in the world and the first-ever captured by drone.
A student shot several people at a high school outside Bangkok on Friday, killing three teachers and three students and wounding 15 others, police said.
Matt Gutman reports on how he almost fell for a scam involving his bank as more Americans are becoming victims to similar cyber crimes each year.
Privacy groups are expressing concerns over Flock cameras, the devices that capture license plates and are often used in criminal investigations. They argue that police may be using them for improper reasons. Mark Strassman reports.
Jason Arday, who made history as Cambridge's youngest Black professor, has resigned after accusations of plagiarism and fabrications in his biography. Arday has denied any deliberate wrongdoing. Holly Williams has the details.
Police say two children under the age of 10 stole and crashed their parents' car in Oakland, California, on Thursday, sending a woman and themselves to the hospital. Da Lin reports.
Researchers were able to peek at the sun's scorching surface with the help of the National Science Foundation's Daniel K. Inouye Solar Telescope, located on the island of Maui in Hawaii.
The impact wasn't visible to the naked eye, but photos are expected to come from a lunar satellite at a later time.
The Soyuz MS-28 landing in Kazakhstan brought a 241-day stay in space to a successful conclusion.
An upgraded version of the world's most powerful rocket is key to landing NASA astronauts on the moon in the agency's Artemis program.
When scientists examined the preserved fragments of a meteorite that crashed in 2024, they found brine-like fluids and key molecules.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Summer is the time to enjoy live music, indoors and out. Scroll through our gallery of some of 2026's leading musical acts, featuring images by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
Sylvie Cachay was found dead in an overflowing bathtub at the exclusive Soho House in New York City on Dec. 9, 2010. A water leak at the hotel gave away a timeline that may have revealed her killer.
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Sixty-one years ago, President Lyndon B. Johnson signed the Voting Rights Act into law, helping advance equal access to the ballot box by banning racial discrimination. Now, court rulings, new election laws and federal policy proposals are renewing questions about voter access. Election law expert and CBS News contributor David Becker has more.
As the summer season continues to bring people to the beach, the Louisiana Health Department warns to take precautions against a potentially fatal flesh-eating bacteria found in warm coastal waters. Officials confirmed nine cases this year and five deaths.
The 2026 NFL preseason kicks off Thursday night as the Carolina Panthers take on the Arizona Cardinals in the annual Hall of Fame Game. Zack Rosenblatt, senior NFL writer for the Athletic, joins CBS News to discuss the game and the upcoming season.
Meet the children leaving their devices behind this summer to flex their entrepreneurial muscles with summer jobs.
More states will hold primary elections next week, including Wisconsin, where democratic socialist Francesca Hong is leading several polls in her run for governor. CBS News' Zak Hudak takes a look at the race as the countdown to the midterm elections continues.