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.
Hundreds of people, including many Americans, are still missing along the Nepal-China border after deadly floods and mud flows likely triggered by a glacial collapse.
President Trump has accused oil companies like Chevron and ExxonMobil of "making too much money." He owns shares of both.
The purpose of CIA Director John Ratcliffe's visit to Moscow this week was to warn Russia not to attack NATO member states, sources said, amid U.S. assessments that Russia could try to test NATO.
The surge in arrests comes as the White House pushes ICE to hit a target of 2,000 per day.
A Florida grand jury found the DeSantis administration misappropriated $10 million in taxpayer money for political purposes.
As the Iran war nears the six-month mark, President Trump said he has "no specific timetable" to resume peace talks.
The officer accused a Venezuelan migrant of assaulting him with a broomstick and shovel, but investigators say footage from a nearby camera helped prove that was a lie.
The group of 24 states and the District of Columbia argues the Postal Service's new rule violates the Constitution and federal law.
Tim Curry was known for his iconic performances in cult classics like "The Rocky Horror Picture Show" and the original screen adaptation of Stephen King's "It."
A small plane carrying four people crashed into shallow waters next to a remote coastal town in Alaska on Wednesday, killing everyone on board, officials said.
In a news release, the NFL said it plans to "elevate" Pro Bowl selections, with no replacement selections.
Patients taking the first-of-a-kind pill, called daraxonrasib, lived for a median of 13.2 months compared with 6.7 months for chemotherapy recipients, studies showed.
The surge in arrests comes as the White House pushes ICE to hit a target of 2,000 per day.
In a nearly 6,000-word essay, Gates argues that artificial intelligence poses a mounting threat to U.S. workers.
President Trump has accused oil companies like Chevron and ExxonMobil of "making too much money." He owns shares of both.
In a nearly 6,000-word essay, Gates argues that artificial intelligence poses a mounting threat to U.S. workers.
Canadian officials said the tariffs set to be imposed on more than 800 U.S. imports are "strategic" and designed to target some states.
Medical device maker said it is working to assess the scope of the attack and business interruption.
Meta agreed to pay up to $17.1 billion to settle allegations that its social media platforms are addictive.
President Trump has accused oil companies like Chevron and ExxonMobil of "making too much money." He owns shares of both.
The purpose of CIA Director John Ratcliffe's visit to Moscow this week was to warn Russia not to attack NATO member states, people familiar with the matter said, amid U.S. assessments that Russia could try to test NATO.
Five years after the attack in Afghanistan that killed 13 service members, the Pentagon upgraded the awards of three Marines who provided care in the wake of the blast.
The surge in arrests comes as the White House pushes ICE to hit a target of 2,000 per day.
The group of 24 states and the District of Columbia argues the Postal Service's new rule violates the Constitution and federal law.
Patients taking the first-of-a-kind pill, called daraxonrasib, lived for a median of 13.2 months compared with 6.7 months for chemotherapy recipients, studies showed.
Dr. Laura Cox, an assistant professor at Brigham and Women's Hospital and Harvard Medical School, explains how our dietary patterns play a significant role in our gut and long-term brain health.
Pennsylvania has recorded its first two deaths connected to measles in 35 years.
The rate is much higher than is seen in the general population. CTE is a brain disease linked to repeated blows to the head.
The agreements, covering issues like drug pricing, reducing the use of synthetic food dyes, and cutting back on insurance prior authorization rules, were announced with fanfare and touted as victories.
Cesar Gastelum was dressed as a food delivery worker and taking part in a social media challenge along with two friends when he was shot dead.
Hundreds of people, including many Americans, are still missing along the Nepal-China border after deadly floods and mudflows likely triggered by a glacial collapse.
The paintings, sculptures and museum installations of Yayoi Kusama, one of Japan's most respected contemporary artists, were widely exhibited around the world.
The purpose of CIA Director John Ratcliffe's visit to Moscow this week was to warn Russia not to attack NATO member states, people familiar with the matter said, amid U.S. assessments that Russia could try to test NATO.
Prince Harry and Meghan, the Duke and Duchess of Sussex, returned to the U.K. from California on Wednesday, six years after their tumultuous departure, the BBC reports.
On Halloween 1985, Barry Bostwick and Richard O'Brien, stars of "The Rocky Horror Picture Show," joined CBS News to mark 10 years since the cult classic's release. Tim Curry, who portrayed the film's antagonist, Dr. Frank-N-Furter, died Tuesday at the age of 80.
Late country superstar Dolly Parton helped millions of children develop a love of reading through her free Imagination Library program. Hardin Engelhardt, chief learning officer at Marbles Kids Museum in Raleigh, North Carolina, joins "The Daily Report" to discuss.
Thousands buzzed into Dollywood on Wednesday, one day after Dolly Parton's family announced her death at 80 years old. Skyler Henry has more from the theme park she built.
Tributes are pouring in from all over the country for legendary singer-songwriter Dolly Parton. CBS News correspondent Skyler Henry is at Dollywood, Parton's Tennessee theme park, with more.
Carly Pearce and Lauren Alaina, two of country music's hottest stars, spoke with "CBS Mornings" about Dolly Parton's influence on their careers and lives.
Artificial intelligence juggernaut Nvidia blew past Wall Street's expectations for its latest quarterly earnings report, more than doubling its profits and revenue. Wall Street Journal tech reporter Robbie Whelan joins CBS News to discuss.
Meta has agreed to pay $17 billion to settle claims that its platforms lead to addiction in kids and teens, but is not admitting any wrongdoing despite implementing new safeguards. CNET reporter Katelyn Chedraoui joins "The Daily Report" to discuss.
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.
Anticipation is building for Apple's annual iPhone launch event in September, where the company is expected to reveal its first foldable phone. Questions remain though on whether consumers will be willing to pay big bucks for this device. CNET senior technology reporter Abrar Al-Heeti joins CBS News to discuss.
Meta has reached a landmark legal settlement with dozens of states over claims that the social media giant intentionally designed addictive platforms that harmed the mental health of teenagers. CBS News MoneyWatch correspondent Kelly O'Grady has the details.
The Great Smoky Mountains National Park told visitors Tuesday that invasive Joro spiders "may be hanging in a web near you."
July was the hottest month ever in the Lower 48 States – another escalation of our world into a hotter, more dangerous planet, where extreme weather events – such as heat waves, wildfires and hurricanes – will become more common and more extreme.
July was the hottest month ever in the Lower 48 States, breaking a record last set during the Dust Bowl – just another step in the escalation of our world into a hotter, more dangerous planet. Correspondent Jonathan Vigliotti talks with climate journalist Jeff Goodell and atmospheric scientist Maria Molina about how changes in Earth's climate are increasing the likelihood that extreme weather events – such as heat waves, wildfires and hurricanes – will become more common and more extreme.
A total solar eclipse was visible in parts of Europe for the first time since 1912. Rob Marciano reports.
A total solar eclipse turned day into night across a slice of Europe and North America on Wednesday, and put millions in unique contact with the heavens above. Meteorologist Rob Marciano reports from Spain.
Cesar Gastelum was dressed as a food delivery worker and taking part in a social media challenge along with two friends when he was shot dead.
A mother was arrested for vandalism in California after smashing a school bus window to haul out her own child. Carter Evans has the story.
Heather Berlin, a neuroscientist, clinical psychologist and clinical professor at the Icahn School of Medicine at Mount Sinai, joins "The Daily Report" to explain the difference between postpartum depression and psychosis and what it means for Lindsay Clancy's murder trial.
Closing arguments in the Lindsay Clancy murder trial are set for Thursday. Clancy admitted to killing her children but says she isn't guilty, arguing that postpartum psychosis caused her actions. CBS News legal contributor Caroline Polisi joins with analysis.
Testimony concluded on Wednesday in the murder trial of Lindsay Clancy, the Massachusetts mother who admitted to killing her children but pleaded not guilty, arguing she had postpartum psychosis. CBS News correspondent Shanelle Kaul reports.
President Trump plans to award the Congressional Space Medal of Honor to the crew of NASA's Artemis II mission in a ceremony Aug. 28.
The mission to save NASA's sinking space telescope has been called off, dooming the telescope to a fiery reentry later this year.
A NASA spacecraft circling the moon is providing the sharpest views yet of the crater carved by a crashing SpaceX rocket.
The newly discovered object looks like a star the size of our solar system, but produces 100 billion times more energy than any star.
The only total solar eclipse of 2026 crossed the Northern Hemisphere Wednesday, with a path of totality across parts of Greenland, Iceland and northern Spain. See photos and video from the best viewing locations.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Dolly Parton, the country music legend who became a feminist icon, has died at the age of 80. Here is a look back at her life in pictures.
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.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
On Halloween 1985, Barry Bostwick and Richard O'Brien, stars of "The Rocky Horror Picture Show," joined CBS News to mark 10 years since the cult classic's release. Tim Curry, who portrayed the film's antagonist, Dr. Frank-N-Furter, died Tuesday at the age of 80.
A mother was arrested for vandalism in California after smashing a school bus window to haul out her own child. Carter Evans has the story.
CBS News reporter Riley Callanan traveled to New Mexico to see Project Jupiter, one of the country's biggest hyper-scale data centers, for herself. She spoke with residents and farmers about their fears, concerns and in some cases, hopes.
Artificial intelligence juggernaut Nvidia blew past Wall Street's expectations for its latest quarterly earnings report, more than doubling its profits and revenue. Wall Street Journal tech reporter Robbie Whelan joins CBS News to discuss.
Late country superstar Dolly Parton helped millions of children develop a love of reading through her free Imagination Library program. Hardin Engelhardt, chief learning officer at Marbles Kids Museum in Raleigh, North Carolina, joins "The Daily Report" to discuss.