
Why Social Security's next cost-of-living hike could hurt seniors
The 2024 inflation adjustment won't be as large as last year's hike. That means some older Americans could lose ground.
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The 2024 inflation adjustment won't be as large as last year's hike. That means some older Americans could lose ground.
Disability applicants often turn to Social Security early retirement benefits — even though it could cost them tens of thousands of dollars in future income, lawyers say.
Seniors and other recipients are getting the biggest bump since 1981. But tax and Medicare issues may complicate things.
Americans "have to change their thinking" about the government benefits program to get the most out of it, one expert says.
House Republicans who may regain majority in midterm elections say "miracle" of longer lives necessitates raising retirement age.
People can now change their sex marker on their Social Security number record without sex designation documentation.
Each year, seniors and others on Social Security receive a cost-of-living adjustment. Next year, they'll see an 8.7% hike.
With inflation forcing many seniors to cut back on food and medicine, annual cost-of-living hike will boost their income.
Some older Americans are cutting back on food, medicine and other basics. An annual Social Security bump may not be enough.
For the first time in a decade, seniors will pay less next year on monthly premiums for Medicare's Part B plan.
Annual cost-of-living bump could be biggest since 1981, but may be smaller than many had hoped amid stubbornly high inflation.
Consumer prices are cooling but remain near 40-year highs, leading experts to predict a big benefits bump in January.
About half of all senior men and women living alone are either in poverty or struggle to afford essentials.
June inflation was higher than expected, at 9.1%. That could set up seniors for the biggest payment boost since 1981.
Seniors are on track for the biggest cost-of-living adjustment in four decades, according to a new analysis.
Some lawmakers want to revise the retirement program to shore up its funding and boost benefits for its 69 million recipients.
A cost-of-living adjustment of 8% would be the highest for Social Security beneficiaries since 1981.
Seniors are struggling after a cost-of-living adjustment last year failed to keep up with surging inflation.
The agency is "committed to reducing barriers and ensuring the fair treatment of the LGBTQ+ community," an official said.
It's the biggest increase in almost 40 years, and it comes as inflation is eating away at seniors' buying power.
A Senate report has finds federal agencies are not meetings government cybersecurity standards. CBS News homeland security and justice reporter Nicole Sganga joins CBSN AM to discuss the report.
Annual benefit hike could top 6% due to fast-rising inflation. But retirees would have to wait until 2022 to see it.
But Saul, who was appointed by former President Trump, is refusing to resign, according to the Washington Post.
After asking about the delay, lawmakers say the Social Security Administration sent payment data to the IRS on Thursday.
Next year's cost of living adjustment is 1.3%, but some say the adjustment doesn't reflect real costs for seniors.
President Donald Trump again suggested he may try to run for a third term in office, despite limits set by the 12th and 22nd Amendments.
There were 258 near midair collisions involving a military aircraft and a commercial aircraft from 1987 to 2021, with 13% of them being deemed critically close.
The international all-civilian Fram2 crew is the first in space history to fly to orbit with no licensed pilot or trained astronaut on board.
NASA astronauts Butch Wilmore and Sunita Williams, who were stuck in space for more than nine months, took questions after returning to Earth.
Virginia Giuffre, who alleged Epstein sexually trafficked her to Britain's Prince Andrew, was in "a serious accident," her representative said.
Officers questioned four Chinese men who were found removing 32 files from containers behind the collapsed building, a police official said.
The Tesla CEO acknowledged his DOGE activities are impacting the electric vehicle maker's stock price amid boycotts and protests.
Some Egg Beaters and Bob Evans egg products have been recalled because they may include a cleaning solution, USDA says.
Jury selection in Lori Vallow Daybell's trial in Arizona is set to start Monday. She is charged in the death of her fourth husband, Charles Vallow.
Even the most well-organized relief efforts are only as effective as the number of people who know about them.
There were 258 near midair collisions involving a military aircraft and a commercial aircraft from 1987 to 2021, with 13% of them being deemed critically close.
More than 800 employees at the National Institute of Occupational Safety and Health are expected to be cut.
All employees at the Institute of Museum and Library Services, which supports U.S. museums and libraries, were put on administrative leave Monday, an IMLS worker said.
Venezuelan migrants were slated to lose their government-issued work permits and deportation protections next week, on April 7.
Some people in the market for a new vehicle are rushing to claim models on lots, as current inventory is not subject to tariff price hikes.
Newsmax's share price soared when it started trading Monday on the New York Stock Exchange under the ticker "NMAX."
Some Egg Beaters and Bob Evans egg products have been recalled because they may include a cleaning solution, USDA says.
The Tesla CEO acknowledged his DOGE activities are impacting the electric vehicle maker's stock price amid boycotts and protests.
Stocks whipsawed on Monday on economic worries, ending the quarter with its worst performance in three years.
More than 800 employees at the National Institute of Occupational Safety and Health are expected to be cut.
Luna introduced a bipartisan measure to allow new parents in Congress to vote remotely around the birth of their child. Some conservatives are trying to stop it.
All employees at the Institute of Museum and Library Services, which supports U.S. museums and libraries, were put on administrative leave Monday, an IMLS worker said.
Venezuelan migrants were slated to lose their government-issued work permits and deportation protections next week, on April 7.
President Trump's expected trip to Saudi Arabia in May will be his first foreign trip of his second term.
More than 800 employees at the National Institute of Occupational Safety and Health are expected to be cut.
Some Egg Beaters and Bob Evans egg products have been recalled because they may include a cleaning solution, USDA says.
Measles cases in the U.S., which have soared to nearly 500 infections this year, have created concerns for parents with children who are too young to be vaccinated.
Republicans and Democrats agree prior authorization needs fixing, but patients are growing impatient.
Syphilis rates in the U.S. rose to a 70-year high in 2022, and tripled in the Navajo Nation from 2019-2022. Dr. Celine Gounder takes a look at a program to help fight STDs on Indian reservations in the Southeast.
Carolos Lehder, who served over 30 years in a U.S. prison, once owned a luxurious hotel, which had caged lions and a large statue of John Lennon.
Virginia Giuffre, who alleged Epstein sexually trafficked her to Britain's Prince Andrew, was in "a serious accident," her representative said.
"I've seen a lot of strange insects, but this has to be one of the most peculiar-looking ones I've seen in a while," said one entomologist.
A United Arab Emirates court sentenced three people to death for the killing of Israeli-Moldovan Zvi Kogan, state media reported.
Tesla has been the target of protests around the world amid owner Elon Musk's affiliation with the Trump administration and his backing of European far-right parties.
Jordan Davis, the country star behind eight No. 1 hits, joins "CBS Mornings Plus" to share a first look at his latest single and reveal a big announcement following recent CMA and ACM wins.
Jay Ellis, star of "Insecure" and "Top Gun: Maverick" takes on a fictional version of Warriors star Sleepy Floyd in "Freaky Tales," a genre-blending film set in 1987 Oakland that reimagines the night Floyd scored 29 points in one quarter and what happens when he becomes the target of a heist.
She was arrested on Saturday at a home in Marina Del Rey for assault with a deadly weapon, according to Los Angeles County deputies.
Richard Chamberlain, the actor known for a string of TV miniseries in the 1980s, including "Shogun," has died. He was 90.
To young Brandi Carlile, a girl coming of age and struggling with her own sexuality, Elton John was a flicker of hope in a confusing world. Today, the two music superstars are friends and collaborators, recording an album together, "Who Believes in Angels?"
As cryptocurrency and artificial intelligence advancements are made, U.S. demand for the energy needed to power massive mining and data centers grows. David Turk, former deputy secretary of the U.S. Department of Energy, joins "The Daily Report" to discuss how much energy the U.S. needs and the potential environmental impacts.
White House chief of staff Susie Wiles was among the contacts listed in Waltz's Venmo account.
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.
Several newspapers have sued OpenAI and Microsoft, seeking to end the practice of using their stories to train artificial intelligence chatbots.
The Senate Intelligence Committee heard testimony on Tuesday from key players involved in a group chat on the messaging app Signal, in which the U.S.'s highly sensitive plans to bomb Houthi targets in Yemen were discussed inadvertently with a journalist. President Trump said that his administration would investigate the government's use of Signal. CBS News contributor and former CIA official Andrew Boyd has more on what it is and how it's used.
The international all-civilian Fram2 crew is the first in space history to fly to orbit with no licensed pilot or trained astronaut on board.
"I've seen a lot of strange insects, but this has to be one of the most peculiar-looking ones I've seen in a while," said one entomologist.
Bees play a key role in the U.S. food supply, and the mass deaths could jeopardize that.
Carbon capture chemically removes CO2 from the air, to store or recycle into products. But is this technology – underwritten by the fossil fuel industry – an effective means to address climate change?
As a tool to address rising greenhouse gas emissions, carbon capture chemically removes carbon dioxide from the air, to store or recycle into products. The company behind a new plant to be opened this summer claims the facility will remove 500,000 tons of CO2 a year. But is this form of carbon capture – underwritten by the fossil fuel industry – an effective means to address climate change? Correspondent David Pogue looks at the technology behind this initiative, and the controversy it has raised.
Carolos Lehder, who served over 30 years in a U.S. prison, once owned a luxurious hotel, which had caged lions and a large statue of John Lennon.
A United Arab Emirates court sentenced three people to death for the killing of Israeli-Moldovan Zvi Kogan, state media reported.
Lori Vallow Daybell, the "Doomsday mom" sentenced to life in prison for killing her children, is in court for the Arizona trial surrounding her fourth husband's death. CBS News' Andres Gutierrez reports.
Police arrested a fugitive on the tropical holiday island of Phuket over a deadly prison breakout that freed a notorious drug lord nicknamed "The Fly."
Police released video of the operation, showing the vessel loaded with orange packages as well as four suspects with their faces blurred out.
NASA astronauts Sunita "Suni" Williams and Barry "Butch" Wilmore are adjusting to life back on Earth after spending more than nine unplanned months in space. The astronauts discussed their science mission at a news conference on Monday from the agency's Johnson Space Center in Houston. Former NASA astronaut Dr. Tom Marshburn joins CBS News to unpack the pair's comments.
NASA astronauts Butch Wilmore and Sunita Williams, who were stuck in space for more than nine months, took questions after returning to Earth.
The international all-civilian Fram2 crew is the first in space history to fly to orbit with no licensed pilot or trained astronaut on board.
A crypto billionaire and three other novices are set to launch on a mission to orbit both the north and south poles. It will be the first human crewed mission to do so. Mark Strassmann reports.
The unmanned Spectrum rocket, an orbital rocket developed by German start-up Isar Aerospace, crashed and exploded 40 seconds after takeoff.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
A look into a grieving husband Jan Cilliers' investigative work after his wife Christy Giles and her friend Hilda Marcela Cabrales died after a night out.
Peterson's death sentence for the murder of his pregnant wife Laci has been overturned. Now his supporters are pushing for a complete retrial.
The seesaw marriage between the former ballerina and her much older husband only lasted four years, until she shot him on Sept. 27, 2020.
Cayley Mandadi's mother and stepfather go to extreme lengths to prove her death was no accident.
The torpedo bat is the talk of baseball after the New York Yankees used it to sink the Milwaukee Brewers, 20-9. Dave Malkoff has the story behind the bombers' not-so-secret weapon.
After Hurricane Helene devastated western North Carolina, a couple of radio broadcasters played a critical role in keeping residents informed. Now, six months later, they have taken on a new role in the recovery. Skyler Henry reports.
Voters in Wisconsin will be heading to the polls to elect a justice to the highest state court. Billionaires on both sides are pumping in money. Ed O'Keefe has more.
President Trump is set to announce the next round of tariffs on Wednesday. Many Americans feel he's focusing too much on these taxes, which will raise the cost of imported goods, and not enough on inflation. Nancy Cordes and Lana Zak report.
Nearly 1 in 4 of the more than 8,000 near midair collisions voluntarily reported to the FAA between 1987 and 2021 involve at least one military aircraft, according to a CBS News data analysis. Kris Van Cleave has more.