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How Far a $15 Minimum Wage Goes in 6 US Cities

May 25
The minimum wage in Los Angeles could increase to $15 an hour by 2020 under a plan given initial approval by the City Council. Here's a look at how far that money could go in six cities, given living expenses.

'Canceled': When it Makes Sense to Close a Credit Card

SAVING | By Alex Veiga | May 29
New credit card offers can be tempting, especially when they tout a lower interest rate or more attractive rewards than what's in your wallet.

Should Employers Pay More for After-Hours Email?

SAVING | May 29
Off-the-clock emails are prompting a lawsuit and possible legislation regarding overtime pay. In a new Pew Research poll, 39 percent of workers say smartphones have made their working hours more flexible, but 35% say they are also putting in longer hours.

Congress Wants to Know how Thieves Stole Tax Info from IRS

SAVING | By Stephen Ohlemacher | May 28
Congress is demanding answers about how identity thieves were able to steal the personal tax information of more than 100,000 taxpayers from an IRS website.

Former Trader Goes on Trial in UK for Market Manipulation

SAVING | May 27
A British prosecutor says a former Citibank and UBS trader motivated by greed served as the ringmaster in the alleged manipulation of a key interest rate, the London Interbank Lending Rate, or Libor.

Forbes Reveals 2015 List of Most Powerful Women

SAVING | May 27
Only on "CBS This Morning," Forbes reveals its annual list of "World's 100 Most Powerful Women." It includes 24 CEOs, 15 billionaires and eight heads of state. The power women control $1 trillion in annual revenues.