CEO pay jumped 18% last year, far outpacing worker wages
CEOs of big companies earned an average of $18.3 million last year — 324 times more than the typical worker, union says.
CEOs of big companies earned an average of $18.3 million last year — 324 times more than the typical worker, union says.
It's been nearly 13 years since Congress last hiked the nation's base hourly pay to $7.25 for low-income workers.
"Many more people would have died last night if not for a responsible armed citizen who took action within the first two minutes of this shooting," Police Chief Ison said.
Nick and Meghan Lucido were in debt and sold everything. Then, they decided to invest in a shed from Home Depot as their temporary home – and it proved to be fruitful.
The Georgia Republican is challenging the subpoena in federal court.
U.S. stocks rallied to cap a four-day losing streak on Wall Street as inflation continues to rise across the country. Wall Street Journal markets reporter Akane Ohtani joins "CBS News Mornings" with the latest.
An elderly woman was killed by two alligators in a pond near her Florida home. Officials said the alligators grabbed her after she fell into the water.
The White gunman charged with killing 10 Black people in a racist mass shooting at a Buffalo supermarket pleaded not guilty to federal hate crime charges punishable by the death penalty.
President Joe Biden is downplaying last week's fist bump and meeting with Saudi Arabia's crown prince. CBS News anchors Adriana Diaz and Tony Dokoupil spoke with Associated Press White House reporter Chris Megerian about why the meeting could have far-reaching implications for both countries.
Fears of a global economic downturn are growing as nations around the world react to inflation concerns. Peter Goodman, global economics correspondent for the New York Times, joins CBS News to discuss why he believes the COVID-19 pandemic remains the root cause of our current economic situation.
Opening statements are underway in the sentencing trial of the Parkland school shooter. The jury will decide whether he receives the death penalty or life in prison without parole. CBS News' Adriana Diaz and Tony Dokoupil are joined by CBS News national correspondent Manuel Bojorquez with more about the trial and what to expect.
The nation's top infectious disease scientist has acknowledged for months that he was weighing a potential retirement.
David Solomon warns that Americans face more uncertainty as soaring prices dent confidence and weigh on stocks.
Uvalde, Texas officials have released body camera footage from several officers on the scene of the school massacre that resulted in the deaths of 19 children and two adults. Texas lawmakers had earlier released a report censuring all law enforcement involved in the response. CBS News correspondent Lilia Luciano discusses the revelations and the response to them with CBS News' Tony Dokoupil and Adriana Diaz.
Jury selection is underway for Steve Bannon's criminal trial in Washington. The former adviser to President Trump is facing two contempt of Congress charges for refusing to comply with a subpoena from the House Select Committee investigating the attack on the Capitol. CBS News congressional correspondent Scott MacFarlane has more.
While delivering his opening statement, the lead prosecutor described the shooter as "cold, calculated, manipulative and deadly."
Whether you have a 401(k) or you're thinking about contributing to one, you'll want to know the penalties for withdrawing your money early.
On Nelson Mandela International Day, the British royal lamented the climate crisis, disinformation and eroding freedoms, and called on everyone to "get to work."
Arizona Gov. Doug Ducey has already helped block one of Trump's allies from winning the Republican nomination for governor in a crucial battleground state.
The trial to determine whether the Parkland school shooter will get the death penalty starts Monday. Stephen Harper, a former Florida public defender who specializes in death penalty cases, spoke with Anne-Marie Green and Vladimir Duthiers on CBS News about how the trial works and what to expect from the prosecution and defense.
Colossal waves crashed over the roof of a two-story condo building in Keauhou-Kona, Hawaii, on Saturday, damaging several buildings. The National Weather Service said a swell had created "historic" surf conditions.
Families of the victims of the Uvalde, Texas, school shooting are horrified after seeing body camera video demonstrating just how long officers waited to engage the shooter and take him down. CBS News correspondent Lilia Luciano reports from Uvalde on what the video reveals.
President Biden is back in Washington after his recent trip to the Middle East, where he met with the Saudi crown prince. CBS News chief White House correspondent Nancy Cordes joined Anne-Marie Green and Vladimir Duthiers with more on why the president is facing criticism after meeting with Mohammed Bin Salman.
Former Trump aide Steve Bannon's criminal trial begins Monday, despite arguments from his attorney that the Washington-based jury will not be able to be unbiased in the case. CBS congressional correspondent Scott MacFarlane joins "CBS News Mornings" to explain the case set against Bannon and how it could be affected by the Jan. 6 committee's Thursday hearing.
Uvalde investigation finds officers placed own safety over saving lives; 460+ likely cases of monkeypox in NYC