This week on "Sunday Morning" (Aug. 6): The Money Issue
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Our annual "Money Issue" digs into the world of money -- the various ways people generate income, how they save or spend it, and how technology and social media are changing our economy. CBS News Financial Contributor Mellody Hobson anchors this special edition of "Sunday Morning," portions of which were originally broadcast on April 9, 2017.
COVER STORY: What jobs will be left in a robotic nation? | Watch Video
As autonomous machines become cheaper and computers smarter, David Pogue of Yahoo Finance explores the ramifications for human employment in a post-robot economy.
For more info:
- Starsky Robotics
- Otto
- "Rise of the Robots: Technology and the Threat of a Jobless Future" by Martin Ford (Basic Books); Also available in eBook format
- Martin Ford (blog)
- "Will automation take away all our jobs?" by David Autor (TED Talk)
- Amazon Go
- Zume Pizza, Mountain View, Calif.
- goldmansachs.com
FREQUENT BUYERS: Getting to the point with rewards cards | Watch Video
Accruing points or miles can save clever shoppers thousands of dollars on travel, but experts warn there are hazards. Anna Werner reports.
For more info:
SWEET SMELL OF SUCCESS
Susan Spencer explores three unusual business models.
TRIPTYCH #1: Something silly | Watch Video
It's not your grandfather's Silly Putty; Crazy Aaron's Thinking Putty comes in a variety of colors, and can even be magnetized.
For more info:
SHOPPING: Many happy returns | Watch Video
Some retailers and online shopping sites have very liberal return policies -- even taking back merchandise they can't sell again -- in order to satisfy their customers. Tracy Smith examines why companies' return policies count on psychology to make them pay off.
For more info:
SOCIAL MEDIA: Turning viral videos into money machines | Watch Video
Jukin Media markets the wild, funny and absurd moments captured on video, making international stars of Chewbacca Mom and Pizza Rat. Barry Petersen reports.
WEB EXTRA VIDEO: "Pizza Rat" videographer on going viral
Aspiring actor and comedian Matt Little talks with correspondent Barry Petersen about how he captured a quintessential New York City scene - a rat dragging a whole slice of pizza down the stairs of a subway station - that became an online sensation.
For more info:
TRIPTYCH #2: Rags to riches | Watch Video
Thrifters are turning clothes found at second-hand stores and the backs of closets into careers.
For more info:
CANDY: Japan really loves Kit Kat bars | Watch Video
Kit Kat candy is exceedingly popular in Japan, where there are dozens more varieties and flavors of the chocolate snack than the single flavor available in the U.S. Mo Rocca reports.
For more info:
SUNDAY PROFILE: Jaclyn Smith fashions an empire | Watch Video
The former Charlie's Angel took her love of design and created a brand, encompassing clothing lines, home decor, and now skin care products. John Blackstone reports.
For more info:
PHOTO ALBUM: Living on one dollar a day | Watch Video
Pulitzer Prize-winning photojournalist Renée Byer captures the faces of extreme poverty. Tony Dokoupil reports.
For more info:
- reneecbyer.com
- "Living on a Dollar a Day: The Lives and Faces of the World's Poor" by Thomas A. Nazario, with photographs by Renée C. Byer (W.W. Norton)
- Follow Renée Byer on Twitter and Facebook
- How you can help (The Forgotten International)
TRIPTYCH #3: Hater, the dating app for what you hate | Watch Video
Instead of matching people based on shared likes, Hater will fix you up with someone who hates what you do.
For more info:
- Hater
- Hater available free at the App Store (Facebook required)
- WeWork
CORNER STORE: Bodegas, the life blood of New York City neighborhoods | Watch Video
From the outside, it looks like a nothing-special corner grocery. But a bodega -- a real New York City bodega -- is so much more. Maria Hinojosa visits a few of the 10,000 family-run businesses that dot the city.
For more info:
- Pamela's Green Deli, 785 E 163rd St, Bronx, N.Y.
- dallaspenn.com
- Follow @Dallas_Penn on Twitter
- Photographer David Katzenstein
- "Radiant Excess: Inside Bronx Bodegas" by David Katzenstein
CURRENCY: Creating new wealth on Sardinia, without cash | Watch Video
On the island of Sardinia, thousands of firms are not using traditional money to buy, sell, or pay salaries. They use Sardex, a virtual currency that allows businesses to earn and spend without relying on the euro, or on banks that wouldn't lend. Seth Doane reports on how the Mediterranean island is creating a new kind of wealth.
For more info:
- sardex.net
- Sa Marigosa, Riola Sardo, Sardinia
- Ceramica Mediterranea, Guspini, Sardinia
- Fogu Casearia, Oschiri, Sardinia
NATURE: Sharks (Extended Video)
We leave you this Sunday Morning off the Bahamas … where sharks patrol the waters! Videographer: Mauricio Handler.
WEB EXCLUSIVES:
COMMENTARY: Mellody Hobson on our ballooning debt | Watch Video
According to the credit rating agency Equifax, credit card companies issued more than 10 million cards to subprime borrowers last year; that's up 25% from 2014. And it isn't just credit card debt that's growing.
For more info:
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