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Americans got their biggest raises in 40 years. Inflation took most of it. -- The typical American's paycheck has grown faster since 2019 than in any stretch since the early 1980s. But prices climbed nearly as fast, swallowing about 80% of the wage increase.

7 minutes ago

Live - Yemen's Houthis escalate deadly attacks on Saudi-backed troops - Yemen's Houthi rebels launch fresh attacks on Saudi-backed government troops, says Yemeni state media, as Cruz says Trump must seek "regime collapse." updated 12M ago

7 minutes ago

Cruz calls for arming Iran's protesters: "Our objective should be regime collapse" -- GOP Sen. Ted Cruz told Aaron MacLean on the "School of War" podcast that President Trump should heap more pressure on Iran - including by arming Iranians to "let them overthrow their own government."

7 minutes ago

Crime - Inside the NYC supervised drug-use sites - A 5-year-old experiment sanctioned by the city of New York, but not by the federal government, provide supervised sites for drug users. The goal is to reduce overdose deaths and street drug use, but some critics still have doubts about the process. CBS News' Anna Schecter reports. 3M ago - 5:30

7 minutes ago

Amanda Knox defends comedy show amid pushback -- Amanda Knox is known for being convicted, then acquitted, of the murder of her former housemate, British student Meredith Kercher. Today, she begins a run as a stand-up comic. However, Kercher's family is criticizing Knox's show as insensitive.

7 minutes ago

Man allegedly cut off diver's air supply -- Former Florida boating safety task force member Michael Simpson was charged with attempted second-degree murder after allegedly cutting off a teen diver's air supply during a confrontation over lobster hunting.

7 minutes ago

5 dead in Thailand high school shooting after suspect kills grandparents - A teenager described as "troubled" and "bullied" by a classmate killed his grandparents before gunning down five staff members at a high school in Thailand, police said. 2H ago

7 minutes ago

Organ collection nonprofit shut down -- Health and Human Services has decertified Network For Hope, a Kentucky-based organ procurement group, after allegations they did not follow proper safety procedures. Would-be donor TJ Hoover was hospitalized after a cardiac arrest. His family says that despite medical staff documenting improved neurological function, organ donor evaluation continued. Hoover survived. Network For Hope says they will appeal the decision.

7 minutes ago

Rand Paul asks DOJ to charge Fauci -- Republican Sen. Rand Paul asked the Department of Justice to charge Dr. Anthony Fauci with contempt of Congress after Fauci pleaded the Fifth during a hearing on the origins of the COVID-19 pandemic.

7 minutes ago

Employers shed 23,000 jobs in July, undershooting economists' forecasts -- Friday's jobs report showed employers cut jobs last month, rather than adding 95,000 new hires that had been forecast by economists.

1 hour ago

Warren presses U.S. companies to share tariff refunds with customers -- Companies receiving billions in refunds for U.S. tariffs struck down by the Supreme Court should return money to consumers, Sen. Elizabeth Warren said.

1 hour ago

Feds could scrap rules requiring airlines to disclose airfares in full -- A Transportation Department proposal could obscure the cost of a plane ticket, aviation experts warn. Here's what to know.

2 hours ago

Court orders Meta and Instagram to pay $567M to address kids' mental health -- A New Mexico court has ordered Instagram and Facebook parent company Meta to pay $567 million to address harms to young people from its platforms.

13 hours ago

America's water systems are getting hacked amid security gaps, experts say -- The nation's 152,000 public water systems often lack defenses against malicious actors, cybersecurity experts said. Here's what to know.

16 hours ago

Entrepreneurship is booming in the U.S. Gen Zers are leading the way. -- Young Americans, tired of working for others and boosted by AI, are driving a surge in new businesses.

17 hours ago

Bessent announces crackdown on undocumented immigrants' use of U.S. banks -- Treasury Secretary Scott Bessent told Arizona bankers the administration won't allow "risks posed by the extension of financial services to illegal aliens."

15 hours ago

Millions of U.S. children could lose free school meals this fall due to SNAP changes, experts say -- Some families could face an additional $2,200 in food costs this year if their kids lose access to free school meals, according to one estimate.

19 hours ago

Why a Medicare supplemental insurance plan is worth opening this August -- Medicare supplemental insurance is often valuable for seniors, but particularly so this August. Here's why.

18 hours ago

What are the biggest mistakes people make with Medicare?

18 hours ago

4 WAYS SENIORS CAN PREPARE FOR SURPRISE MEDICAL COSTS, ACCORDING TO EXPERTS

18 hours ago

How much interest can a $40,000 high-yield savings account earn over the next year? -- Interest earnings on a $40,000 high-yield savings account over the next year could be robust. Here's what to know.

19 hours ago

How have CD rates changed compared to last August? Here's what savers may not know.

19 hours ago

Here's how much interest a $40,000 9-month CD will earn savers now

21 hours ago

Can multiple debt collectors try to collect on the same debt? -- Getting calls about the same debt from different debt collection companies? Here's why that may be happening.

21 hours ago

Can debt collectors re-age an old debt? 5 things to know now

21 hours ago

Best debt relief companies, plus advice borrowers need to know now

1 year ago

Tracking rising cost of cars, trucks, groceries ahead of Trump's tariffs -- CBS News is tracking the rising cost of products most impacted by tariffs imposed​ and soon-to-be-imposed by President Trump, from grocery items to cars and trucks.

1 year ago

MoneyWatch price tracker shows how much food, utility, housing costs are rising -- These charts track prices consumers pay for groceries and other goods now compared to five years ago.

1 year ago

Social Security faces looming benefit cuts. Can the program be saved? -- Social Security checks could see a 22% cut in 2032 unless Congress takes steps to shore up the program. Here are 5 ideas for fixing it.

1 month ago

Here's the retirement challenge nobody talks about -- Many Americans spend decades saving for retirement, but lack a plan for using that money once they stop working, a new survey finds. Here's what to know.

1 month ago

Social Security checks could be cut by $500 a month in 2032, report finds -- Beneficiaries would continue receiving payments if Social Security's trust fund is depleted, but checks could shrink by about 24%, according to a new report.

2 months ago

Federal workers sour on government work, decrying eroding job security -- Nearly two-thirds of current and retired U.S. government workers said they wouldn't re-enter public service, according to a recent survey.

3 days ago

The U.S. labor market may soon face a new crisis: Too few workers -- A severe labor shortage is set to emerge over the next decade amid a wave of baby boomer retirements and a shrinking younger workforce.

17 days ago

Can an AI agent cover for you while you're at the beach? -- "AI can make everything that was on my plate visible to colleagues while I'm gone," one expert said.

1 month ago

Saudi Arabia, Turkey and Pakistan sign key defense agreement, officials say -- The agreement says any armed attack against one of the three states will be regarded as an attack on them all, Pakistan and Turkey said in statement.

22 minutes ago

U.S. Marine vet, detained in Russia since 2022, hospitalized in serious condition -- Robert Gilman, 32, is being held at a Russian hospital in what his advocate, Eric Lebson of Global Reach, described as a "dissociative stupor."

16 hours ago

Cyber scams costing Americans billions -- Matt Gutman reports on how he almost fell for a scam involving his bank as more Americans are becoming victims to similar cyber crimes each year.

13 hours ago