The monthly payments on a $400,000 annuity at 70 could have a big impact on your retirement budget. Here’s how.

Federal Reserve Chair Jerome Powell, who is testifying before Congress this week, said tariffs are “likely to push up prices.”

Stock market futures climbed and oil prices fell Tuesday, a sign Wall Street expects geopolitical risks to recede.

R&B icons Brandy and Monica join “CBS Mornings” to announce their first-ever co-headlining tour, building on the legacy of their hit “The Boy Is Mine,” which topped charts for 13 weeks more than 25 years ago.

Soda cans are exploding after enduring extreme heat, injuring flight attendants on Southwest Airlines planes. The company is experimenting with air-conditioned trucks to avoid the danger. CBS News senior transportation correspondent Kris Van Cleave has the latest.

Verizon is unveiling what it dubs the “most significant customer experience transformation” to date, which includes a new app and a major upgrade to customer support. Sowmyanarayan Sampath, CEO of Verizon’s Consumer Group, joins “CBS Mornings” to break down the changes. (Sponsored by Verizon)

Three-time Grammy winner Victoria Monét joins CBS Mornings to discuss her new children’s picture book, “Everywhere You Are,” which helps children cope with separation anxiety.

President Trump says Israel and Iran violated a ceasefire he announced and demanded Israel stop bombing. Also, millions of Americans are suffering today under a blistering heat wave. All that and all that matters in today’s Eye Opener.

Gayle King explores the historic revival of the Waldorf Astoria hotel, from its art deco elegance to a new fine dining experience led by chef Michael Anthony. Plus, Paris Hilton reflects on her childhood in the iconic building once dubbed her family’s “crown jewel.”