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In honor of America Saves Week, CBS News business analyst Jill Schlesinger joins "CBS Mornings" to discuss the best ways to dig yourself out of debt and replenishing your savings. New government data shows Americans' personal savings rate is at a low of 4.7%.
Some younger investors, including millennials and Gen Z, are opting for the safety of high-yield savings accounts over the far more volatile stock market. Stefanie O’Connell Rodriguez, host of Real Simple’s "Money Confidential" podcast, breaks down the differences.
A new study shows that Black communities have seen more wealth and net worth growth than other racial groups since the beginning of COVID. Jay Bryson, chief economist at Wells Fargo, joins "CBS News Mornings" to discuss the study's findings.
The home-improvement store said it is investing $1 billion in pay raises for its employees.
Packers Sanitation Services paid $1.5 million in fines for violating child labor laws. The Labor Department said it had more than 100 children working at meat processing plants and using dangerous chemicals to clean saws.
Cruz was one of the most popular Latin artists of the last century.
Every year, the IRS asks Americans to file their taxes early. This year, however, the agency is telling millions of Americans who received special refunds from their state to hold off for now in order to determine if those refunds are taxable or not. Jacob Bogage, a business reporter for the Washington Post, joined CBS News to break down what this means.
The judge in the Alex Murdaugh trial ruled prosecutors can present evidence that money was a motive. Scott MacFarlane has the details.
Australian cash has carried the image of the British monarch for 100 years, but Charles won't replace his mom on the last banknote bearing her likeness.
Australia has decided it's had enough of the British monarchy - at least on its dollar bills. As Ian Lee reports, the country will replace the last of its bank notes featuring the late Queen Elizabeth II not with her son's image, but with something much closer to home.
A new study shows 51% of people with six-digit salaries are living paycheck to paycheck. Megan Leonhardt, a senior reporter for Fortune magazine, joins "CBS News Mornings" to explain some of the reasons and what it means for banks and borrowers.
With mortgages on the rise, it has become cheaper to rent a home than to own one in 45 of the 50 largest cities in America. Danielle Hale, chief economist for Realtor.com, joins "CBS News Mornings" to explain the phenomenon and how it's affecting the housing market.
Chevron announced roughly $36 billion in profits during 2022, setting an all-time high for the company. This follows a $75 billion stock buyback from the oil giant. Host of "TheStreet" J.D. Durkin joined CBS News to discuss why big oil had such a profitable year and what 2023 holds for the industry.
While mortgage rates are high, many people trying to sell homes are making concession in order to get properties off the market. Taylor Marr, deputy chief economist at Redfin, joins "CBS News Mornings" to discuss what some of these concessions are and where you're most likely to see them.
Wage theft is "not a one-time purse snatching or one-time home robbery," according to Shelly Rusicka of Arise Chicago.
Stocks climbed to close out the week after a tumultuous few days following the U.S. Treasury Department's announcement that the country has hit its debt ceiling. Javier David, a CBS News contributor and managing editor of business & markets at Axios, and J.D. Durkin, host of "The Street," joined CBS News to discuss.
The U.S. officially reached the debt limit on Thursday, and the Treasury Department says it has begun taking "extraordinary measures" to maintain the full faith and credit of the United States. It sets up a showdown that could put the entire U.S. economy at risk. Scott MacFarlane has more.
The treasury is expected to confirm the U.S. has reached the debt ceiling. Scott MacFarlane breaks down the conflict in Congress and Nancy Cordes explains Biden's role in addressing the limit and his strategy to prevent a shutdown.
The U.S. is expected to reach its debt limit today. Republicans, Democrats and the White House are all facing off to see who will negotiate first. CBS News reporter Sarah Ewall-Wice joins CBS News Mornings to discuss where things stand right now.
The latest Gallup poll shows a record number of Americans delayed medical care in 2022 because they could not afford it. Pediatric airway surgeon Dr. Susannah Hills joined CBS News to break down the data.
Treasury Secretary Janet Yellen says the U.S. will hit its debt limit of $31.4 trillion Thursday. CBS News congressional correspondent Scott MacFarlane joins the show to discuss what's being said on Capitol Hill about the looming debt ceiling crisis.
A single ticket sold in Maine claimed the $1.35 billion jackpot Friday night, the fourth largest in lottery history.
Several big banks released better than expected 2022 fourth quarter earnings results. This comes amid rising concerns over a looming recession. Elaine Quijano and Michelle Miller are joined by Business Insider finance editor, Dan DeFrancesco.
She took home the biggest prize possible in the game as several others in the state won millions from their own scratch-offs.
Disgraced crypto king Sam Bankman-Fried pleaded not guilty to a slew of charges related to his defunct cryptocurrency exchange in federal court in Manhattan. Michael Parker, head of the anti-money-laundering and sanctions practice at Ferrari and Associates, joins CBS News' Elaine Quijano to discuss the details of SBF's case.
The leaked materials include the sworn deposition of the minor with whom former Rep. Matt Gaetz allegedly had sex.
Linda McMahon is a co-chair of President-elect Donald Trump's transition team and was the Small Business Administrator in his first term.
Dr. Mehmet Oz unsuccessfully ran for Senate in 2022.
Ukraine has been one of the most mined countries in the world since Russia's invasion in 2022, and Ukraine is inundated with anti-personnel mines.
For years, actor and comedian Katt Williams has claimed he lied about his age as a teenager to join the Marines and passed boot camp before being drummed out. The Marines have no record of him ever serving.
President-elect Donald Trump was on hand with Elon Musk for the sixth test flight of SpaceX's huge Super Heavy-Starship rocket.
The Biden administration had previously said Edmundo González had earned the most votes in the disputed election, but had fallen short of acknowledging him as president-elect.
President-elect Donald Trump's six-year New York criminal odyssey should continue for at least another four, prosecutors said Tuesday.
Prosecutors say Jose Ibarra killed Laken Riley after a struggle, and data from Riley's smartwatch shows her heart stopped beating at 9:28 a.m.
For years, actor and comedian Katt Williams has claimed he lied about his age as a teenager to join the Marines and passed boot camp before being drummed out. The Marines have no record of him ever serving.
Several residents said the explosion in Bethel, Ohio, shook their homes and caused minor damage.
As he gets ready to retire, GOP Rep. Brad Wenstrup often thinks about the day Rep. Steve Scalise, one of the House Republican leaders, was shot during a baseball practice.
Director of Pentagon office probing UFOs showed Congress 3 cases it's resolved, but also discussed 3 — out of nearly two dozen — still under active investigation.
Linda McMahon is a co-chair of President-elect Donald Trump's transition team and was the Small Business Administrator in his first term.
Frontier is expanding service across 21 airports in the U.S. and Caribbean. Here are the new routes the carrier will service.
Brendan Carr wrote Project 2025's chapter on overhauling the Federal Communications Commission. Here's what to know.
H&R Block, Intuit stock dropped amid a report that Elon Musk's Department of Government Efficiency may develop a tax filing app.
The FDA sent a warning letter flagging "significant violations" of manufacturing regulations for Tom's of Maine toothpaste.
Trump has picked Howard Lutnick, a crypto enthusiast and the head of brokerage and investment bank Cantor Fitzgerald, to be commerce secretary.
Ukraine has been one of the most mined countries in the world since Russia's invasion in 2022, and Ukraine is inundated with anti-personnel mines.
As he gets ready to retire, GOP Rep. Brad Wenstrup often thinks about the day Rep. Steve Scalise, one of the House Republican leaders, was shot during a baseball practice.
Director of Pentagon office probing UFOs showed Congress 3 cases it's resolved, but also discussed 3 — out of nearly two dozen — still under active investigation.
Linda McMahon is a co-chair of President-elect Donald Trump's transition team and was the Small Business Administrator in his first term.
The Senate has confirmed 217 of Mr. Biden's selections to serve on the federal bench and are aiming to approve more before Republicans take control.
CDC data shows rates of Mycoplasma pneumoniae have surged in babies.
Dr. Mehmet Oz unsuccessfully ran for Senate in 2022. Now he's Trump's choice to lead the Centers for Medicare and Medicaid Services.
The FDA sent a warning letter flagging "significant violations" of manufacturing regulations for Tom's of Maine toothpaste.
Canada legalized medically assisted dying in 2016. It was set to expand to patients suffering solely from mental illness last year, but it hasn't — yet.
Over 50 passengers and 15 crew members reported being ill with norovirus on a month-long cruise on the Coral Princess.
Ukraine has been one of the most mined countries in the world since Russia's invasion in 2022, and Ukraine is inundated with anti-personnel mines.
The democracy advocates were charged in Hong Kong under a Beijing-imposed national security law in 2021 for their involvement in an unofficial primary election to pick opposition candidates.
Canada legalized medically assisted dying in 2016. It was set to expand to patients suffering solely from mental illness last year, but it hasn't — yet.
Jennifer Lawrence and Malala Yousafzai join Afghan filmmaker Sahra Mani to reveal the struggles of women living under Taliban rule in the documentary, "Bread & Roses."
Portugal's TAP airlines reportedly had to take a plane out of service for days to scour the aircraft for hamsters that got out of their cages.
For years, actor and comedian Katt Williams has claimed he lied about his age as a teenager to join the Marines and passed boot camp before being drummed out. The Marines have no record of him ever serving.
Actors Pedro Pascal, Joseph Quinn and Fred Hechinger talk about the upcoming release of "Gladiators II," 25 years after the original "Gladiator" movie, and what it was like working with director Ridley Scott.
Amazon Books Editorial Director Sarah Gelman shares her top cookbook recommendations to help you create festive and comforting meals this holiday season.
New Kids on the Block's Joey McIntyre steps into Christmas as the star of "Jingle Bell Love," a holiday rom-com premiering on Roku.
In his new series "Mysteries Unearthed," Danny Trejo explores some of the world's most fascinating historical finds with experts and historians.
SpaceX successfully launched its Super Heavy-Starship rocket from Texas for its sixth test flight Tuesday with its CEO Elon Musk and President-elect Donald Trump looking on. CBS News correspondent Jason Allen has more on the launch.
Brendan Carr wrote Project 2025's chapter on overhauling the Federal Communications Commission. Here's what to know.
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.
The Justice Department is reportedly asking a judge to force Google's parent company to sell its Chrome browser following a ruling that declared the company's search engine practices an illegal monopoly.
As climate change intensifies, the race for a more eco-friendly car has revved up. Itay Hod reports on the newest twist on travel.
Former leaders and climate experts have issued a letter calling the U.N.'s annual climate meeting "no longer fit for purpose." Recently, CBS News spoke with U.S. Energy Secretary Jennifer Granholm about the summit and what the incoming Trump presidency means for clean energy and climate change. The conversation took place before the president-elect made his pick for energy secretary.
Parts of the Great Barrer Reef have suffered the highest coral mortality on record, Australian researchers say, and they fear the rest of it has suffered a similar fate.
President-elect Donald Trump has pledged to "drill, baby, drill" on Day 1 in office. CBS News national environmental correspondent David Schechter joins to take a closer look at the environmental impact of some of Trump's potential energy and climate policies.
2024 is on pace to be the hottest year on record worldwide. CBS News Los Angeles meteorologist and climatologist Marina Jurica reports that extreme weather events cost the global economy over $2 trillion in the last 10 years.
Scientists say they've discovered a "mega coral" three times bigger than the previous record holder - so huge they initially thought it was a shipwreck.
Video of the last moments Laken Riley was seen alive and the final texts between her and her mother were shown in court Tuesday. Jose Ibarra, an undocumented Venezuelan immigrant, is on trial for the murder of the 22-year-old nursing student. Manuel Bojorquez has the latest.
Prosecutors say Jose Ibarra killed Laken Riley after a struggle, and data from Riley's smartwatch shows her heart stopped beating at 9:28 a.m.
The police department has spent $22.6 million in overtime this year for officers working special events — only about $2 million of which has been reimbursed to the city.
Witness testimony could come to an end as soon as Tuesday in the murder trial of Jose Ibarra, the man accused of killing Georgia nursing student Laken Riley. CBS News producer Jared Eggleston has more on the case.
The family of Brandon Durham is pushing for answers after he was shot by a police officer after calling for help.
President-elect Donald Trump attended SpaceX's sixth flight test of its Super Heavy-Starship on Tuesday with CEO Elon Musk. The burgeoning friendship between the two men played a key role in Trump's reelection, with Musk now set to run a government efficiency agency in the coming months. CBS News political reporter Jake Rosen and Politico aviation reporter Oriana Pawlyk join "America Decides" with more.
President-elect Donald Trump was on hand with Elon Musk for the sixth test flight of SpaceX's huge Super Heavy-Starship rocket.
Researchers analyzed lunar soil brought back by China's Chang'e-6, the first spacecraft to return with a haul of rocks and dirt from the little-explored far side.
November's full moon, known as the Beaver Moon, is the last supermoon of 2024. Here's when it peaks and why it's called the Beaver Moon.
Medical issues aside, the astronauts described a water leak in June that triggered a blizzard in the International Space Station's airlock.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
See some of convicted serial killer Rodney Alcala's photographs that were discovered by detectives in a Seattle storage locker.
The seesaw marriage between the former ballerina and her much older husband only lasted four years, until she shot him on Sept. 27, 2020.
A look at the evidence in "The Dexter Killer" case; plus, newly revealed letters from the man police say wanted to be like fictional serial killer Dexter Morgan.
Live performances are in full swing this summer. Scroll through our concert gallery, featuring pictures by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
United Nations agencies confirm gangs violently looted dozens of aid trucks in Gaza. And speaking from Beirut Tuesday, where meetings were taking place regarding a possible cease-fire in the Israel-Hezbollah conflict, U.S. envoy Amos Hochstein called the talks "constructive." CBS News senior foreign correspondent Elizabeth Palmer reports.
The rate of active-duty U.S. service members who committed suicide has risen over the last two years, according to numbers from the Pentagon. Josh McCain, CEO of Big Sky Bravery, a non-profit focused on supporting active-duty Special Operations forces, joins "The Daily Report" to discuss the alarming numbers and what can be done to help.
SpaceX successfully launched its Super Heavy-Starship rocket from Texas for its sixth test flight Tuesday with its CEO Elon Musk and President-elect Donald Trump looking on. CBS News correspondent Jason Allen has more on the launch.
President-elect Donald Trump told Fox News Digital on Monday that it is "vital to have a free and fair open media or press" but if he's not "treated fairly, however, that will end." NPR reporter David Folkenflik has more.
Forensic investigators and authorities who responded to Laken Riley's murder took the stand Tuesday in Georgia. detailing what led to their conclusion that Jose Ibarra was allegedly responsible. CBS News national correspondent Manuel Bojorquez has more.