Good news for homeowners looking to refinance
Almost 63% of mortgage applicants are homeowners looking to refinance. Jill Schlesinger explains how low mortgage rates could help homeowners cut their costs, as part of our series Eye on Money.
Mortgage Rates
These U.S. metro areas are among the best for first-time homebuyers
Personal finance site SmartAsset ranked these cities as the best markets for first-time buyers in terms of affordability and other factors.
Trump seeks to take mortgage giants public
President Trump reiterated on Wednesday that his administration is working to take mortgage giants Fannie Mae and Freddie Mac public, but still keep them under U.S. government oversight. CBS News business contributor Javier David breaks down what this would mean.
Young Americans feeling financial strain
Rising home prices and persistent inflation are impacting how millennials and Gen Zers feel financially. CBS News contributor Javier David explains.
Climate change could drive flood of foreclosures, study finds
Extreme weather linked to climate change will likely lead to more Americans losing their homes as foreclosure rates rise, researchers predict.
Mortgage rates climb above 7% after Moody's U.S. debt downgrade
Mortgage rates jumped higher on Monday following Moody's downgrade of U.S. debt, adding to the headwinds facing homebuyers.
Left temporarily homeless by Helene, many struggle to pay their mortgages
About a month after hurricanes Helene and Milton hit the Southeast, nearly 60,000 homeowners fell behind on their mortgages.
Average mortgage rates increasing
The average rate for a standard 30-year fixed mortgage climbed to 6.83% this week. That's up a quarter of a percentage point from the week before and the highest rate in two months. CBS News MoneyWatch correspondent Kelly O'Grady breaks it down.
Fed leaves interest rates unchanged
The Federal Reserve has announced interest rates will remain unchanged for the second time this year. CBS News business analyst Jill Schlesinger and CBS News contributor J.D. Durkin react to the decision.
New data on L.A. mortgage delinquency risks
New data shows that about one in four borrowers in the area of Los Angeles' Palisades Fire are at risk of falling behind on their mortgage payments. Sarah McGregor, Bloomberg News managing editor of the national desk, breaks it down.
Where are mortgage, CD and credit card rates heading in 2025?
The Fed has been pushing down borrowing cuts since September, yet mortgage rates remain close to 7%. Here's what to expect in 2025.
What is the state of the job market?
The number of Americans applying for unemployment benefits fell slightly last week. Meanwhile, the average 30-year mortgage rate hit 6.85%, the highest since July. CBS News contributor Javier David breaks it down.
The impact of sticky inflation on Americans
2024 was a departure from the high inflation numbers of just two years ago, but the fight against rising prices is not over. CBS News MoneyWatch correspondent Kelly O'Grady looks back on the biggest economic and business stories of the year.
Mortgage rates increase despite Fed's rate cut
The Federal Reserve announced its third interest rate cut of the year this week. But despite the good news for consumers, mortgage rates are still rising. Bankrate senior industry analyst Ted Rossman joins "The Daily Report" to discuss.
Tips for buying homes with someone else
There are several things to consider before buying a home with someone else. NerdWallet's Holden Lewis joins CBS News with some tips to keep in mind when making a purchase.
Effects roducer price data
New economic data is trickling in and the latest producer price index numbers could signal a potential trend about the state of inflation in the U.S. CBS MoneyWatch correspondent Kelly O'Grady has more.
Inflation rises slightly
New data shows inflation rose slightly as the Federal Reserve navigates interest rate cuts following signs of cooling prices and a weaker labor market. CBS News contributor JD Durkin has more.
Buyers await mortgage relief after Fed cuts
The Federal Reserve has made two consecutive interest rate cuts but potential homebuyers are wondering when mortgage rates will drop. CBS News MoneyWatch correspondent Kelly O'Grady breaks down what this means.
Trump lays out some economic proposals
Voters consistently list the economy as one of the top issues that drove them to the polls. CBS News contributor J.D. Durkin breaks down President-elect Donald Trump's economic proposals and what they mean for Americans' finances.
What the Fed interest rate cut means for you
Federal Reserve Chair Jerome Powell announced an interest rate cut Thursday for the second time in the last three months as inflation continues to decline. CBS News contributor Javier E. David has more on what that might mean for you.
Fed cuts interest rates another quarter-point
The Federal Reserve on Thursday lowered its benchmark borrowing rate by 0.25 percentage points. Kelly O'Grady examines what the move could mean for Americans' pocketbooks.
Senate GOP members fight for leadership role
CBS News estimates that control of the House of Representatives is lean Republican. Meanwhile, the GOP flipped the Senate with longtime leader Mitch McConnell stepping down from the role. CBS News congressional correspondent Nikole Killion has more.
Federal Reserve interest rate cut news
The Federal Reserve's latest interest rate cut could affect Americans who are borrowing money or are saving money. Jacob Sonenshine, a markets reporter at Barron's, joins CBS News with more on the cut's impact.
Potential interest rate cut news coming
The Federal Reserve will announce Thursday whether it will cut interest rates again after a jumbo cut in September. CBS News business analyst Jill Schlesinger breaks down what economists expect.
How some Nevada voters see the affordable housing crisis
Vice President Kamala Harris has proposed building three million new homes and rental units, while former President Donald Trump has said he will reduce mortgage rates by slashing inflation.
Live
Iran balks at Trump's threats as his deadline for a deal approaches
It's unclear when or even if top Iranian officials will come to Pakistan for peace talks just a day before Trump's latest ultimatum expires.
Kevin Warsh set to face lawmakers in Fed chair confirmation hearing today
Senators are likely to press Warsh, President Trump's nominee to succeed Jerome Powell as Fed chair, on his views about inflation and interest rates.
Virginia Democrats seek 10-1 congressional map with voter referendum
The referendum is seeking to amend the state's constitution to use the Democratic-controlled Assembly's redrawn congressional maps, which will give Democrats an advantage in 10 of the state's 11 House districts.
How Trump's messaging on Iran has shifted since saying they "agreed to everything"
Less than 48 hours after President Trump said Iran has "agreed to everything," he threatened the whole country would get "blown up" without a deal soon.
Democrats demand Trump admin. halt plan to collect federal workers' health data
After KFF Health News reported that the Trump administration is seeking federal workers' medical records, Democratic lawmakers are insisting that the Office of Personnel Management drop its request.
Ethics panel to decide penalty for Rep. Cherfilus-McCormick over theft allegations
The Florida Democrat is accused of stealing $5 million in FEMA funds for her campaign.
Labor Secretary Lori Chavez-DeRemer leaving Trump administration, in latest exit from Cabinet
She is taking a role in the private sector, according to the White House.
2 Southwest planes came within 500 feet in close call near Nashville airport
Air traffic control told the pilots of a flight aborting a landing to turn right, which put them on a potential collision course with another 737 that had been cleared for takeoff from a parallel runway.
Tariff refund portal off to bumpy start as some businesses report glitches
Some U.S. importers reported problems filing tariff refund claims after Customs and Border Patrol launched its dedicated portal on Monday.
U.S.
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Ethics panel to decide penalty for Rep. Cherfilus-McCormick over theft allegations
The Florida Democrat is accused of stealing $5 million in FEMA funds for her campaign.
2 Southwest planes came within 500 feet in close call near Nashville airport
Air traffic control told the pilots of a flight aborting a landing to turn right, which put them on a potential collision course with another 737 that had been cleared for takeoff from a parallel runway.
Tim Cook to step down as Apple CEO, with John Ternus tapped as successor
Apple CEO Tim Cook will step down in August and become executive chairman of Apple's board.
Kevin Warsh set to face lawmakers in Fed chair confirmation hearing today
Senators are likely to press Warsh, President Trump's nominee to succeed Jerome Powell as Fed chair, on his views about inflation and interest rates.
How Trump's messaging on Iran has shifted since saying they "agreed to everything"
Less than 48 hours after President Trump said Iran has "agreed to everything," he threatened the whole country would get "blown up" without a deal soon.
MoneyWatch
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Who will run the Federal Reserve if the Senate doesn't confirm Trump's pick?
President Trump is fighting to reshape the Federal Reserve by replacing Chair Jerome Powell with Kevin Warsh — but if the Senate doesn't confirm Warsh by next month, it's not clear who will run the nation's central bank.
Uber found liable for actions of driver who grabbed passenger's inner thigh
The so-called bellwether case is part of a broader group of sexual assault lawsuits filed against Uber in multiple jurisdictions around the country and is the third to go to trial.
Tim Cook to step down as Apple CEO, with John Ternus tapped as successor
Apple CEO Tim Cook will step down in August and become executive chairman of Apple's board.
Kevin Warsh set to face lawmakers in Fed chair confirmation hearing today
Senators are likely to press Warsh, President Trump's nominee to succeed Jerome Powell as Fed chair, on his views about inflation and interest rates.
Tariff refund portal off to bumpy start as some businesses report glitches
Some U.S. importers reported problems filing tariff refund claims after Customs and Border Patrol launched its dedicated portal on Monday.
Politics
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Who will run the Federal Reserve if the Senate doesn't confirm Trump's pick?
President Trump is fighting to reshape the Federal Reserve by replacing Chair Jerome Powell with Kevin Warsh — but if the Senate doesn't confirm Warsh by next month, it's not clear who will run the nation's central bank.
Ethics panel to decide penalty for Rep. Cherfilus-McCormick over theft allegations
The Florida Democrat is accused of stealing $5 million in FEMA funds for her campaign.
Virginia Democrats seek 10-1 congressional map with voter referendum
The referendum is seeking to amend the state's constitution to use the Democratic-controlled Assembly's redrawn congressional maps, which will give Democrats an advantage in 10 of the state's 11 House districts.
Democrats demand Trump admin. halt plan to collect federal workers' health data
After KFF Health News reported that the Trump administration is seeking federal workers' medical records, Democratic lawmakers are insisting that the Office of Personnel Management drop its request.
Labor Secretary Lori Chavez-DeRemer leaving Trump administration
Lori Chavez-DeRemer is taking a role in the private sector, according to the White House.
HealthWatch
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Food stamp work rules don't increase employment, researchers say
Work requirements will encourage people who are able to work to seek and maintain jobs, proponents say. But researchers haven't found that they lower the unemployment rate.
New CDC pick may face "threat to follow ideology over evidence," ex-official says
Former Trump Surgeon General Dr. Jerome Adams described Dr. Erica Schwartz as a "home run pick."
Trump signs executive order to research psychedelics for mental health
The order will open the door for more research into psychedelic drugs, including ibogaine, sources told CBS News earlier this week.
Mom's labor turns into fight for life after 1 symptom: "I think I'm about to die"
Casey Gould wanted to be a mom her whole life. Her long-awaited pregnancy went smoothly — until she saw something alarming.
Dr. Erica Schwartz nominated for CDC director
President Trump nominated a new director for the Centers for Disease Control and Prevention on Thursday. Dr. Erica Schwartz is a former deputy surgeon general and retired Coast Guard rear admiral.
World
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Mass murder trial in El Salvador for almost 500 alleged MS-13 members
Nearly 500 alleged MS-13 members, including several alleged leaders, are on trial collectively in El Salvador, accused of thousands of murders.
Live
Iran balks at Trump's threats as his deadline for a deal approaches
It's unclear when or even if top Iranian officials will come to Pakistan for peace talks just a day before Trump's latest ultimatum expires.
Mexico probing role of U.S. officials killed in car crash after drug lab raid
The crash, following an operation to destroy a clandestine drug lab, has reignited a debate over U.S. involvement in Mexican security operations.
Canadian tourist killed in shooting at Mexico's Teotihuacán pyramids
Mexico's security officials said a gunman opened fired at the popular tourist spot, killing a Canadian woman and injuring at least 13 people, including six Americans.
How Trump's messaging on Iran has shifted since saying they "agreed to everything"
Less than 48 hours after President Trump said Iran has "agreed to everything," he threatened the whole country would get "blown up" without a deal soon.
Entertainment
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Entertainment
D4vd charged with murder in14-year-old's death
Singer D4vd appeared in court Monday, hours after prosecutors announced he would be charged with first-degree murder in the death of 14-year-old Celeste Rivas Hernandez. Matt Gutman reports.
Details on charges against d4vd in teen's death
Los Angeles prosecutors on Monday charged singer d4vd in the murder of a 14-year-old girl whose dismembered body was found in his car last year. CBS News chief correspondent Matt Gutman has the details.
What to know on the "Matlock" season finale
"Matlock" stars Skye P. Marshall and Jason Ritter join CBS News with more clues ahead of the show's season finale.
Indigo Girls' member reveals incurable medical disorder affecting her voice
Emily Saliers, one-half of the Atlanta folk duo The Indigo Girls, has revealed that she has been diagnosed with two incurable movement disorders that will forever change the way that she sings.
D4vd expected to face murder charge
The Los Angeles County District Attorney's Office is expected on Monday to charge singer-songwriter d4vd with murder, seven months after 14-year-old Celeste Rivas' body was found in a car that he owned. The 21-year-old musician was arrested last week. Matt Gutman reports.
Technology
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Technology
Tim Cook to step down as Apple CEO
After 15 years, Tim Cook is stepping down as Apple's CEO. Starting in September, Cook will be the executive chairman of Apple's board of directors. New York Times technology correspondent Mike Isaac joins CBS News to discuss.
How internet culture is morphing our identities
A new book called "Screen People" argues that's what society has become: a people defined by screens, what we do with those screens and how we present ourselves on those screens. Author Megan Garber joins "The Takeout" to discuss.
How AI powered robots are helping small farms
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
Tim Cook to step down as Apple CEO, with John Ternus tapped as successor
Apple CEO Tim Cook will step down in August and become executive chairman of Apple's board.
Humanoid robot beats human half-marathon world record in Beijing
Some robots ran the Beijing half-marathon autonomously, while others were controlled remotely, all competing on a parallel course to avoid collisions with human athletes.
Science
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Mars rover carries out chemistry experiment never done beyond Earth
"This experiment's never been run before on another world," said Amy Williams, an astrobiologist working on the Curiosity mission.
Cementing a more sustainable alternative to concrete
The process of making 30 billion tons of concrete every year produces more carbon pollution than all the world's ships and planes put together. Now, the North Carolina and Denmark-based Biomason is using biotechnology, including naturally-occurring microbes, to create "biocement" that's just as sturdy but emits much less CO2. David Pogue reports.
Breeding a better bread
Over the past century, the cultivation and processing of wheat has led to strains of grain that are less nutritious, less flavorful, and more vulnerable to climate change. The researchers at Breadlab, at Washington State University, are trying to breed varieties of whole grains that are better for farmers, consumers – and taste buds. David Pogue reports.
Using the ocean to power data centers
The renewable energy company Panthalassa says it has a solution to the proliferation of AI data centers, which consume massive amounts of energy and are the cause of increased carbon pollution: sea-based data centers, powered by wave energy.
Using the ocean to power data centers
The renewable energy company Panthalassa says it has a solution to the proliferation of AI data centers, which consume massive amounts of energy and are the cause of increased carbon pollution: sea-based data centers, powered by wave energy. Correspondent David Pogue examines what Panthalassa's alternative to land-based data centers may mean.
Crime
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Mass murder trial in El Salvador for almost 500 alleged MS-13 members
Nearly 500 alleged MS-13 members, including several alleged leaders, are on trial collectively in El Salvador, accused of thousands of murders.
D4vd charged with murder in14-year-old's death
Singer D4vd appeared in court Monday, hours after prosecutors announced he would be charged with first-degree murder in the death of 14-year-old Celeste Rivas Hernandez. Matt Gutman reports.
Dad who lost son in Louisiana shooting speaks out
Louisiana police say a gunman was targeting his own family when he opened fire over the weekend, killing eight children. CBS News correspondent Jason Allen reports.
Canadian tourist killed in shooting at Mexico's Teotihuacán pyramids
Mexico's security officials said a gunman opened fired at the popular tourist spot, killing a Canadian woman and injuring at least 13 people, including six Americans.
Details on charges against d4vd in teen's death
Los Angeles prosecutors on Monday charged singer d4vd in the murder of a 14-year-old girl whose dismembered body was found in his car last year. CBS News chief correspondent Matt Gutman has the details.
Space
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Mars rover carries out chemistry experiment never done beyond Earth
"This experiment's never been run before on another world," said Amy Williams, an astrobiologist working on the Curiosity mission.
Blue Origin New Glenn rocket puts satellite payload into wrong orbit
The launching appeared to go off without a hitch, but a problem prevented the rocket's upper stage from putting its payload into the correct orbit.
Artemis II crew on historic moon mission and what it means for Earth
"We are carrying back everything we learned, not only about where we went but ourselves," mission specialist Christina Koch told "CBS Evening News" anchor Tony Dokoupil.
Artemis II astronauts still awed by moonshot experience: "It was otherworldly"
The four Artemis II astronauts struggled to describe the view and overall experience of flying around the moon's far side and witnessing a solar eclipse in deep space.
"God of chaos" asteroid will pass close to Earth in 3 years, NASA says
People on the ground in the Eastern Hemisphere will be able to observe the asteroid with their own eyes, weather permitting, according to NASA.
Latest Galleries
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Notable Deaths in 2026
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Evidence in the Barbara Kendhammer case
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
The life & near death of prizefighter Christy Salters-Martin
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Timeline: The disappearance of George Smith
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Who is Alix Tichelman?
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Latest CBS News Videos
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4/20: The Takeout with Major Garrett
Future of Iran ceasefire unclear as deadline approaches; Labor Secretary Lori Chavez-DeRemer resigns.
The beauty of Las Vegas' fakeness
Tony Dokoupil shares his thoughts on the charms of Las Vegas hidden in its inauthenticity.
D4vd charged with murder in14-year-old's death
Singer D4vd appeared in court Monday, hours after prosecutors announced he would be charged with first-degree murder in the death of 14-year-old Celeste Rivas Hernandez. Matt Gutman reports.
Businesses start requesting tariff refunds
Beginning on Monday, businesses were able to apply for refunds for President Trump's tariffs that were later declared unconstitutional by the Supreme Court. Jo Ling Kent reports on some of the issues they're running into.
Wildfire strands passengers on Amtrak train
A wildfire in Florida has brought train traffic to a standstill, stranding more than 200 people aboard an Amtrak train for nearly 24 hours. Cristian Benavides spoke with some of the passengers.