Social Security's cost-of-living adjustment could reach nearly 4% in 2027
A larger COLA would boost monthly checks for retirees, but also strain Social Security's already depleted trust funds.
Social Security
U.S. debt has surpassed GDP, here's why
For the first time since World War II, the U.S. national debt has surpassed the size of its economy. CBS News MoneyWatch associate managing editor Aimee Picchi has more.
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.
$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.
Live
Iran threatens war "beyond the region" if U.S. launches new attacks
Iran's Revolutionary Guard says any new U.S. or Israeli attacks will be met with retaliation "in places you cannot even imagine."
Raúl Castro indictment to be announced in Miami today, sources say
Raúl Castro is being indicted on charges related to Cuba's deadly 1996 shootdown of planes operated by humanitarian group Brothers to the Rescue, U.S. officials told CBS News earlier this month.
Rep. Massie is latest GOP incumbent to lose primary after Trump backs challenger
President Trump endorsed former Navy SEAL Ed Gallrein in Kentucky's 4th Congressional District.
Exclusive
U.S. soldier fears newly-freed wife could still be deported by ICE at any time
U.S. Army Sgt. 1st Class and Afghanistan war veteran Jose Serrano told CBS News his wife, Deisy Rivera Ortega, was detained by ICE despite doing the "right thing."
The major cases the Supreme Court will decide in the coming weeks
The Supreme Court's term is set to end around the end of June, with decisions on birthright citizenship, transgender athlete bans and gun rights still to come.
WHO says Ebola risks high for region, but not a "pandemic emergency"
WHO chief Tedros Adhanom Ghebreyesus says risks from the Ebola outbreak in Congo and Uganda are "high at the national and regional levels, and low at the global level."
Teen attackers in mosque shooting were wallowing in hate, investigators say
"These subjects did not discriminate in who they hated," said Mark Remily, special agent in charge of the FBI's San Diego Field Office.
DOJ's settlement with Trump bans IRS from taking action over his old tax returns
The Internal Revenue Service is permanently barred from pursuing claims against President Trump or his company based on prior tax returns, part of a controversial settlement deal between the Justice Department and Mr. Trump.
Cheaper, alternative health plans are having a moment, but critics urge caution
Congress' decision not to extend enhanced marketplace tax credits has boosted the appeal of alternative health coverage with lower monthly premiums.
U.S.
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Assistant principal "did nothing" when told about 6-year-old with gun, prosecutor says
A prosecutor in the trial of a former assistant principal facing criminal charges over a 2023 school shooting said she dismissed concerns about a gun in a student's bag.
Raúl Castro indictment expected to be announced in Miami today, sources say
Raúl Castro is being indicted on charges related to Cuba's deadly 1996 shootdown of planes operated by humanitarian group Brothers to the Rescue, U.S. officials told CBS News earlier this month.
Suspected drug trafficker rescued from plane crash linked to politician
A survivor of a recent plane crash near Florida was allegedly found with roughly $30,000 inside a bag labeled with the name of a Bahamian politician.
Exclusive
U.S. soldier fears newly freed wife could still be deported by ICE at any time
U.S. Army Sgt. 1st Class and Afghanistan war veteran Jose Serrano told CBS News his wife, Deisy Rivera Ortega, was detained by ICE despite doing the "right thing."
The major cases the Supreme Court will decide in the coming weeks
The Supreme Court's term is set to end around the end of June, with decisions on birthright citizenship, transgender athlete bans and gun rights still to come.
MoneyWatch
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Cheaper, alternative health plans are having a moment, but critics urge caution
Congress' decision not to extend enhanced marketplace tax credits has boosted the appeal of alternative health coverage with lower monthly premiums.
As gas prices surge, consumers search for other savings
The national average for a gallon of gasoline has been ticking up since the start of the war with Iran. The latest average of $4.50 a gallon is an increase of over $1.50 since the war started.
Is the teen summer job a thing of the past?
A summer job was once a seasonal tradition for millions of American teenagers. No more — here's why fewer young people are expected to clock in when school ends.
Polymarket to let users make prediction market bets on private companies
Polymarket users can now trade on private companies' valuations, IPOs and secondary market activity.
The 10 most affordable U.S. cities to buy a home
Buyers can still find lower-cost homes in some midsize cities, especially across the Rust Belt and Sun Belt, a new analysis finds.
Politics
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Raúl Castro indictment expected to be announced in Miami today, sources say
Raúl Castro is being indicted on charges related to Cuba's deadly 1996 shootdown of planes operated by humanitarian group Brothers to the Rescue, U.S. officials told CBS News earlier this month.
Exclusive
U.S. soldier fears newly freed wife could still be deported by ICE at any time
U.S. Army Sgt. 1st Class and Afghanistan war veteran Jose Serrano told CBS News his wife, Deisy Rivera Ortega, was detained by ICE despite doing the "right thing."
The major cases the Supreme Court will decide in the coming weeks
The Supreme Court's term is set to end around the end of June, with decisions on birthright citizenship, transgender athlete bans and gun rights still to come.
Rep. Massie is latest GOP incumbent to lose primary after Trump backs challenger
President Trump endorsed former Navy SEAL Ed Gallrein in Kentucky's 4th Congressional District.
Keisha Lance Bottoms wins Georgia Democratic governor primary, CBS News projects
Former Atlanta mayor Keisha Lance Bottoms has secured enough support to avoid a runoff in Georgia's closely watched Democratic primary for governor, CBS News projects
HealthWatch
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WHO says Ebola risks high for region, but not a "pandemic emergency"
WHO chief Tedros Adhanom Ghebreyesus says risks from the Ebola outbreak in Congo and Uganda are "high at the national and regional levels, and low at the global level."
Cheaper, alternative health plans are having a moment, but critics urge caution
Congress' decision not to extend enhanced marketplace tax credits has boosted the appeal of alternative health coverage with lower monthly premiums.
Where things stand with the Ebola outbreak
The State Department on Tuesday strongly urged Americans to avoid travel to Congo, Uganda and South Sudan because of the Ebola outbreak there. More than 130 people have already died. Mark Strassmann has more.
Eroding ACA enrollment portends higher insurance rates
An uptick in people skipping Obamacare premium payments in many states suggests the Affordable Care Act's rising costs are hitting home for 2026 enrollees.
Latest on American who contracted Ebola
A missionary doctor who was serving in Congo will receive treatment in Germany after testing positive for Ebola. Skyler Henry has the latest.
World
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Raúl Castro indictment expected to be announced in Miami today, sources say
Raúl Castro is being indicted on charges related to Cuba's deadly 1996 shootdown of planes operated by humanitarian group Brothers to the Rescue, U.S. officials told CBS News earlier this month.
WHO says Ebola risks high for region, but not a "pandemic emergency"
WHO chief Tedros Adhanom Ghebreyesus says risks from the Ebola outbreak in Congo and Uganda are "high at the national and regional levels, and low at the global level."
Live
Iran threatens war "beyond the region" if U.S. launches new attacks
Iran's Revolutionary Guard says any new U.S. or Israeli attacks will be met with retaliation "in places you cannot even imagine."
Senate advances resolution to limit Trump's Iran war powers for first time
Four Republicans voted with nearly all Democrats to advance the Iran war powers measure, with GOP Sen. Bill Cassidy joining the Republican defectors for the first time.
First on CBS
Federal prosecutors open new criminal probe into Maduro, sources say
There is concern among some in the Justice Department that the pending charges against him are weak, sources said.
Entertainment
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Soon-to-be mom Beanie Feldstein reveals sex of her baby
Actor Beanie Feldstein told "CBS Mornings" she and wife Bonnie-Chance Roberts are expecting a baby girl.
Beanie Feldstein on takeaways from kids' book
Actor Beanie Feldstein talks about the theme of her debut children's book, which focuses on the power of friendship. She also discusses becoming a parent soon and starring in a new film with Robert De Niro.
2-time "Survivor" contestant on 50th season
Rob Cesternino, a 2-time "Survivor" castaway, talks about the upcoming "Survivor 50" finale, who he think will make the final three and who is his favorite to win the game.
Hayden Panettiere opens up in new memoir
Golden Globe-nominated actor Hayden Panettiere shares her story and opens up about life in the spotlight as a young actor, postpartum depression and her healing journey.
5/17: Sunday Morning "By Design"
Jane Pauley hosts our annual look at design. Featured: Tiny homes in your backyard; Louis Vuitton; Adobe house construction; Finland's Marimekko; domino art; Philadelphia food favorites; chandeliers; Longwood Gardens; rare maps; and director Jon Favreau of "The Mandalorian and Grogu."
Technology
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Technology
Privacy concerns grow over AI, phone numbers
Privacy concerns about artificial intelligence are growing after people discovered that chatbots are sharing their real phone numbers. Eileen Guo, investigative tech reporter for MIT Technology Review, joins to discuss.
Musk loses lawsuit against OpenAI
A California jury on Monday unanimously dismissed Elon Musk's lawsuit against OpenAI and its top executives. CBS News legal contributor Jessica Levinson breaks down the case.
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.
Musk says he'll appeal OpenAI lawsuit dismissal
A California jury on Monday unanimously dismissed Elon Musk's lawsuit against OpenAI and Sam Altman. CBS News senior business and technology correspondent Jo Ling Kent reports.
Jury unanimously dismisses Elon Musk's lawsuit against OpenAI
California jury dismissed all charges, finding that Musk missed the three-year statute of limitations to file suit.
Science
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Live chicks hatched from artificial eggshell, biotech company says
Independent scientists say the technology, while impressive, lacks some components to be truly considered an artificial egg.
El Niño could bring "double whammy" of high tide flooding, NOAA warns
The upcoming El Niño could trigger frequent and widespread flooding in coastal areas around the United States, even when storms aren't actively taking place, scientists warn.
New dinosaur weighing as much as 9 elephants identified by scientists
The long-necked herbivore is the largest ever found in Southeast Asia, researchers said.
How a growing El Niño will affect 2026 hurricane season in Atlantic, Pacific
The last time an El Niño pattern occurred was in 2023, when the Eastern Pacific hurricane season produced 20 tropical systems.
NASA spacecraft to fly past Mars on voyage to rare metal asteroid
NASA's Psyche spacecraft will slingshot past Mars on Friday, on its way toward a rare metal-rich asteroid.
Crime
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Crime
Islamic Center shooting victims hailed as heroes
New details are coming out about the victims in Monday's shooting at the Islamic Center of San Diego. Lana Zak reports.
Mosque shooting victims hailed as heroes
Police and federal authorities are working to piece together the events leading up to Monday's deadly shooting at the Islamic Center of San Diego, as well as what exactly happened during the attack. CBS News' Anna Schecter has the details.
Teen attackers in mosque shooting were wallowing in hate, investigators say
"These subjects did not discriminate in who they hated," said Mark Remily, special agent in charge of the FBI's San Diego Field Office.
San Diego imam describes victims of shooting
Imam Taha Hassan of the Islamic Center of San Diego tells CBS News about the beloved security guard and members of his mosque who died "sacrificed their lives for the entire community" during Monday's shooting.
FBI: Islamic Center shooters radicalized online
Investigators gave an update Tuesday on Monday's deadly shooting at a mosque in San Diego. CBS News' Lana Zak and Anna Schecter have the latest.
Space
More Space
SpaceX launches cargo ship to International Space Station
The International Space Station-bound SpaceX Cargo Dragon is loaded with 6,500 pounds of needed equipment, research gear and crew supplies.
NASA maps show Earth's brightest and darkest regions at night
Researchers expected to find "a gradual increase in artificial light at night," but instead saw "much more nuanced patterns," NASA said.
NASA spacecraft to fly past Mars on voyage to rare metal asteroid
NASA's Psyche spacecraft will slingshot past Mars on Friday, on its way toward a rare metal-rich asteroid.
UFO files reveal astronauts saw mysterious objects and lights in 1972
NASA's Apollo 17 crew reported seeing three mysterious dots and sparks that resembled fireworks, according to new files released by the Pentagon.
Pentagon begins releasing UFO files: "It's time the American people see"
Defense Secretary Pete Hegseth said in a statement that the documents "have long fueled justified speculation — and it's time the American people see it for themselves."
Latest Galleries
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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
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Latest CBS News Videos
U.S. soldier fears wife could be deported
A U.S. Army soldier and Afghanistan war veteran says he's worried that his newly-freed wife could still be targeted by ICE and deported. Camilo Montoya-Galvez reports.
Senators grill Blanche over compensation fund
Senators grilled acting Attorney General Todd Blanche on Tuesday over the Justice Department's nearly $1.8 billion fund to compensate people who claim they were politically targeted. CBS News' Natalie Brand and Caitlin Huey-Burns report.
Expert: Current redistricting wave unprecedented
The redistricting battle for the 2026 midterms will have a profound impact on the balance of power in Washington, D.C. CBS News' David Becker, Anthony Salvanto, Nikole Killion and Caitlin Huey-Burns have more.
What's behind Cuba's energy crisis?
In January, the U.S. began a blockade of oil tankers to Cuba, exacerbating an ongoing energy crisis. Roxanna Vigil, international affairs fellow in national security at the Council on Foreign Relations, joins with analysis.
Barr projected to win Kentucky GOP Senate primary
CBS News projects that Andy Barr will win the Republican primary for Kentucky Senate. CBS News' Aaron Navarro, Caitlin Huey-Burns and Nikole Killion have more.