Cbs: Money Watch

• 1 in 24 NYC residents is a millionaire, more than any other city

  If it feels like everyone in New York City is richer than you, it's because they probably are.

• Hyundai finance unit accused of illegally seizing U.S. soldiers' cars

  Justice Department accuses Hyundai Capital America of failing to obtain court orders before repossessing service members' cars.

• Rents are rising far faster than wages, especially in these U.S. cities

  The median U.S. rent now hovers around $2,000 a month, consuming a growing chunk of people's paychecks.

• Hy-Vee, Schnucks recall cream cheese spreads due to salmonella risk

  Regional grocery chains separately recall cheese spreads sold across the Midwest because they may be tainted with bacteria.

• The federal government can do more about home costs than you think

  The cost to buy a home is historically high, but Congress and the administration can do much more, experts say.