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Wage expectations are at their highest level in 10 years, according to new data from the Federal Reserve Bank of New York. Julia Pollak, chief economist for ZipRecruiter, joined CBS News to discuss the state of wages and the labor market.
Pickleball is known as the fastest-growing recreational sport in the country, but its professional circuit is also emerging. Some of the top athletes can take home substantial earnings. CBS News MoneyWatch reporter Megan Cerullo breaks down the figures.
Tuesday's $1.58 billion Mega Millions jackpot drawing, the largest in the game's history, produced a single winning ticket sold at a grocery store in Neptune Beach, Florida. Cristian Benavides has more.
Bank stocks fell Tuesday after Moody's Investors Service downgraded the credit ratings of 10 regional banks, citing growing financial risks and strains that could erode their profitability. The move prompted new concerns over the health of the banking sector. J.D. Durkin, host for financial site TheStreet, joins CBS News to discuss how it all impacts investors and the stock market.
Stash provides simple, automated tools and timely advice that has changed the lives of millions of Americans who now have a path forward to achieve lifelong goals.
Customers took to social media to express concern and frustration after payments didn't up up in their accounts.
Chancellor Karl Nehammer announced his proposal citing rising concern "that cash could be restricted as a means of payment in Austria."
One of three major credit firms has downgraded the U.S.' credit rating from AAA to AA+. "The repeated debt-limit political standoffs and last-minute resolutions have eroded confidence in fiscal management," Fitch Ratings said in a statement explaining the decision. Javier David, Axios managing editor for business and markets, joined CBS News to discuss the significance of the downgrade and what it could mean for Americans' finances.
Fitch Ratings, one of three major credit firms, downgraded the U.S. credit rating from AAA to AA+ on Tuesday. The Dow Jones, Nasdaq and S&P 500 all closed in the red one day after the news. Bharat Ramamurti, National Economic Council deputy director, joined CBS News to discuss how the Biden administration is reacting to the downgrade.
New federal rule prohibiting the production and sale of some incandescent light bulbs could speed adoption of LED lights.
Medicare is scheduled to start negotiating lower prices in the fall with drug companies as a part of the Inflation Reduction Act President Biden signed in 2022, but several of the largest players hope they never have to negotiate at all. Leading industry groups sued the administration in June, claiming the program violates the First and Fifth Amendments. Josh Nathan-Kazis, health care reporter for Barron's, joined CBS News to examine the legal arguments in the case.
U.S. entertainment companies are widely expected to see a quarterly earnings bump driven by the ongoing strikes. The Writers Guild has been on strike for more than three months and the Screen Actors Guild voted to join them in July. Alex Weprin, media and business writer for the Hollywood Reporter, joined CBS News to discuss where the money is going.
CBS News Business Analyst Jill Schlesinger joins "CBS Mornings" to discuss how to do a mid-year money check-up. She shares which accounts, policies, and subscriptions to review if your goal is saving money for the rest of the year.
Extreme weather continues across U.S.; tips to find affordable beach vacations.
The nation's labor market continues to defy expectations. Weekly unemployment claims fell to 228,000 last week, and the unemployment rate also slipped to 3.6%. Jeanna Smialek, Federal Reserve and economy reporter for The New York Times, joined CBS News to break down the status of the post-pandemic labor market.
With compensation from streaming platforms front and center in actor and writer strikes, all eyes were on Netflix Wednesday as the streamer reported its latest earnings. The company posted $8.2 billion in revenue and 5.9 million new subscribers. Nicole Sperling, media and entertainment reporter for The New York Times, joins CBS News to explain what those numbers mean for the strikes and for the streaming industry.
More and more Americans are seeing their loan applications rejected. The Federal Reserve Bank of New York reported that rejection rates are up for many loans -- including mortgages, auto loans and credit cards. John Vivian, senior director of finance consulting firm Potomac Global Partners, joins CBS News to help make sense of the lending landscape.
New data from JPMorgan Chase shows Americans have more money in their bank accounts than before the pandemic, but households across the country are quickly spending that extra cash. Abha Bhattarai, an economics correspondent for the Washington Post, joined CBS News to talk about the numbers.
Actors are taking to the picket lines with the SAG-AFTRA union, striking for better pay and working conditions. Actor Sean Gunn, known for his role in the hit series "Gilmore Girls," exclusively joins "CBS Mornings" to talk about his fight for better residual pay. He said he wants financial transparency from streaming services like Netflix.
A recent Bankrate report found younger generations of couples are increasingly keeping either a mix of joint and separate banking accounts or completely separate accounts. Akiko Fujita, anchor and reporter for Yahoo Finance, joined CBS News to talk about the report.
A survey from the Transamerica Center for Retirement Studies determined that 66% of Generation Z, those born between 1997 and 2012, are growing their retirement savings. That's a smaller percentage than previous generations, but members of Gen Z are saving sooner than those older than them. Kyla Scanlon, founder of the financial education company Bread, joined CBS News to talk about the findings.
Inflation cooled in June to 3%, the lowest in more than two years, according to the U.S. Labor Department's Consumer Price Index. CBS News business analyst Jill Schlesinger joins "CBS Mornings" to discuss what this means for consumers and whether the Federal Reserve will continue to raise rates.
On this edition of CBS Mornings Deals, Lifestyle Expert Elizabeth Werner shows us four items that might just make your day a little better. Visit cbsdeals.com to take advantage of these exclusive deals today. CBS earns commissions on purchases made through cbsdeals.com.
According to a survey by Bankrate, some Americans say they need to earn about $233,000 a year in order to feel financially secure and nearly $483,000 a year to achieve financial freedom. Sarah Foster, an analyst for Bankrate, joined CBS News to talk about the findings.
Inflation may be continuing to ease in the U.S., according to new data released Wednesday by the U.S. Bureau of Labor Statistics. Lori Bettinger, president of BancAlliance, joined CBS News to discuss the numbers and what they might mean for future interest rate hikes.
The leaked materials include the sworn deposition of the minor with whom former Rep. Matt Gaetz allegedly had sex.
President-elect Donald Trump's six-year New York criminal odyssey should continue for at least another four, prosecutors said Tuesday.
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 was on hand with Elon Musk for the sixth test flight of SpaceX's huge Super Heavy-Starship rocket.
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 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.
Dr. Mehmet Oz unsuccessfully ran for Senate in 2022.
The move by the president to adjourn Congress to make recess appointments would create a new precedent, experts say, affecting the way presidents see presidential power going forward.
Linda McMahon is a co-chair of President-elect Donald Trump's transition team and was the Small Business Administrator in his first term.
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.
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.
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.
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.
Brendan Carr wrote Project 2025's chapter on overhauling the Federal Communications Commission. Here's what to know.
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.
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.
Russia's defense ministry says Ukraine launched its first attack using U.S.-made ATACMS missiles days after Biden gave Kyiv permission to fire the weapons deeper into Russia.
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.
Keke Palmer joins "CBS Mornings" to talk about her new memoir "Master of Me" which explores her journey in entertainment and the secrets to shaping her own narrative.
Brendan Carr wrote Project 2025's chapter on overhauling the Federal Communications Commission. Here's what to know.
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.
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.
As climate change intensifies, the race for a more eco-friendly car has revved up. Itay Hod reports on the newest twist on travel.
In an online conversation about aging adults, Google's Gemini AI chatbot responded with a threatening message, telling the user to "please die."
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.
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.
Police in Norway have arrested the 27-year-old son of Crown Princess Mette-Marit on suspicion of rape, saying the alleged victim was "unable to resist the act."
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.
There are several reports that President-elect Donald Trump has not yet submitted a legally required ethics pledge vowing to avoid conflicts of interest after taking the oath of office. According to the Presidential Transition Act, this pledge was required to be submitted by Oct. 1. Max Stier, founding president and CEO of the Partnership for Public Service, joins "America Decides" to discuss.
Can former Rep. Matt Gaetz pass a Senate confirmation? One Republican senator told CBS News chief Washington correspondent Major Garrett he wouldn't bet his house on it. Kadia Goba, political reporter for Semafor, and Brakkton Booker, national political correspondent for Politico, join "America Decides" to discuss.
The head of the Federal Emergency Management Agency testified before the House Oversight Committee on Tuesday about the agency's response to hurricanes Helene and Milton and its future funding. CBS News congressional correspondent Scott MacFarlane has the details.
The Manhattan district attorney said Tuesday he agrees with postponing sentencing in President-elect Donald Trump's "hush money" case. Judge Juan Merchan has yet to make a decision. CBS News legal contributor Jessica Levinson joins "America Decides" to break down the developments.
Vice President-elect JD Vance will bring some of Trump's Cabinet picks to Capitol Hill this week in an apparent effort to shore up support among his colleagues. Politico congressional reporter Nicholas Wu has the latest political updates.