Tag: MoneyWatch

Posted in News

Powerball jackpot hits $1 billion after no winner

For the fourth time in the game’s history, the Powerball prize has topped $1 billion. CBS News’ Tony Dokoupil has more. #news #powerball #lottery CBS News Streaming Network is the premier 24/7 anchored streaming news…

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Why “the great boomer wealth transfer” may be a myth

There is uncertainty surrounding how much wealth baby boomers will be able to hand down to the next generation. Costs of assisted living and medical expenses can significantly deplete the nest egg that boomers have…

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U.S. unemployment at lowest level in 8 months; no interest rate change expected in near future

Unemployment claims in the U.S. are at their lowest level in about eight months, with first-time applications falling by 13,000 last week to 198,000. Victoria Guida, an economics policy reporter for Politico, joined CBS News…

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