Here are the most and least affordable major cities in the world
Four major cities in California were included in a Chapman University study of housing affordability around the world.
Affordable Housing
How housing market could impact election
President Biden and former President Donald Trump have talked about the high cost and supply of housing on the campaign trail. Some voters in key swing states say it will be a factor in how they vote this fall.
Home prices reach $387,600 record high, putting a damper on spring
Continued demand and lack of inventory are driving up the prices of homes at a time when mortgage rates are also climbing.
Students experiencing homelessness speak out
College can be stressful with studying and meeting deadlines, but some students are struggling with a different issue: housing. Federal data shows more than 1.5 million U.S. college students are homeless. CBS News producer Sarah Svoboda shows how some California State University students are dealing with it.
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.
How immigration contributes to job growth
A new study by the Brookings Institution examines the role immigration has played in allowing the U.S. job market to grow faster without stoking inflation. Betsey Stevenson, professor of public policy and economics at the University of Michigan, joins CBS News to explain how migrants contribute to job growth and U.S. demand.
Presidential candidates address housing costs
Data from the Federal Reserve shows price indexes for homes and rents are up nearly 50% compared to before the pandemic. Jeanna Smialek, Federal Reserve and U.S. economy reporter for The New York Times, joins CBS News to examine how much a president can do to curb prices.
Record number of Americans are homeless amid nationwide rent surge
Rents over the last two decades have risen much faster than employee pay, contributing to an escalating homelessness crisis in the U.S.
Rents fall nationwide for third straight month as demand cools
Rent across the U.S. is dipping as vacancies rise and property managers struggle to fill homes, new data shows.
Shelter costs contribute to inflation bump
New data from the Labor Department shows inflation rose slightly to 3.4% in December. Morning Consult economist Sofia Baig joins CBS News to explain what's behind the numbers.
Most home listings unaffordable for typical earner in 2023, report finds
A new analysis of listings in 97 of the most populous U.S. metropolitan areas found that just 15.5% of homes for sale last year were affordable for the typical household.
Los Angeles mayor works to tackle city's homelessness crisis
Los Angeles is home to about 46,000 people who are considered homeless, but Mayor Karen Bass is working to change that.
Economy is a 2024 election top voter priority
The economy is the issue voters most care about when thinking ahead to the 2024 presidential elections, according to a CBS News poll. CBS News correspondent Lana Zak met with Georgia voters who are divided on the state of the economy.
What the Fed's rate decision this week could mean for mortgage rates
With mortgage rates topping 8%, some home buyers are hoping to see some relief with the Federal Reserve's next decision.
Mortgage rates touch 8% for the first time since 2000
The average rate for a 30-year home loan crossed the 8% threshold this week, deepening the affordability crisis for homebuyers.
Mortgage rates haven't been this high since 2000
The average interest rate on a typical mortgage is now 7.49%, worsening the nation's housing affordability crunch.
Homes "unaffordable" in 99% of nation for average American
Home prices have jumped so much that Americans must pay a third of their income on housing, according to one study.
Rents are falling more slowly in U.S. suburbs than in cities
Americans flocked to suburban areas during the pandemic — one of several reasons why rent increases there have outpaced urban areas.
Home costs rise on East Coast, fall in West
The nation's housing prices are seeing their first year-over-year decline since 2012. That decline, however, was not felt across the board. While prices fell in cities like Seattle, San Francisco and Las Vegas, home buyers in places like Miami, Chicago and Atlanta were asked to pay more. Wall Street Journal housing reporter Nicole Friedman joins CBS News to break down what's going on in the housing market.
Illinois city becomes haven for LGBTQ community
Housing prices have made home ownership for many young LGBTQ+ Americans feel out of reach. But in Peoria, Illinois, the affordable housing and welcoming community have helped many buck that trend. Lilia Luciano has the story.
Home prices fall for 7th straight month
New data shows that U.S. home prices fell 0.2% in January, the seventh consecutive month prices have gone down. Jason Lewris, the co-founder and head of Parcl Labs, joins CBS News's Errol Barnett and Lana Zak to discuss where prices are falling fastest and what to expect in the coming months, as the Federal Reserve may continue its interest rate hikes.
Difficult economy and loneliness forces some retirees to move in with family
An estimated 60 million Americans live in households with two or more adult generations, according to numbers from the Pew Research Center.
Can NYC turn underused offices into housing?
New York City Mayor Eric Adams wants to convert underused office space into new housing. Dan Garodnick, the director of the New York City Department of City Planning and chair of the City Planning Commission, joined John Dickerson on "Prime Time" to discuss the mayor's plan.
Some real estate markets cooling as mortgage rates hit 20-year high
The average rate on a 30-year fixed-rate mortgage now sits at 6.92%, the highest it has been since 2002.
Nehemiah: Making the American Dream possible for first-time homeowners
A program organized more than 40 years ago by East Brooklyn churches helped build a community within a destitute neighborhood, and has since enabled hundreds of first-time homeowners to build equity - and hope for the future.
8 skiers dead after avalanche near California's Lake Tahoe; 9th still missing
Search teams are scouring the back country near California's Lake Tahoe for nine skiers still missing after an avalanche.
Les Wexner, longtime Epstein benefactor, tells Congress he was "duped"
Billionaire retail tycoon Les Wexner testified before a House committee Wednesday as part of the panel's investigation into Jeffrey Epstein.
Mikaela Shiffrin wins gold in women's slalom, breaking Olympic drought
Mikaela Shiffrin, the most decorated skier of all time, last won a medal at the 2018 Winter Olympics in PyeongChang.
Zelenskyy says Putin playing for time as U.S.-brokered talks wrap up
U.S.-brokered Ukraine-Russia peace talks wrap up with little to show, and Zelenskyy accusing Moscow of playing for time
How "signal sniffer" technology is being used in the search for Nancy Guthrie
The "signal sniffer" being used in the Nancy Guthrie investigation was mounted on a helicopter on Monday.
Months before death by suicide, aide texted she had an affair with congressman
Regina Santos-Aviles told a colleague in a text message months before her death that she had an affair with Gonzales.
FBI, St. Paul police probing ICE arrest that resulted in skull fractures
Minnesota and federal authorities are investigating claims that immigration officers shattered a Mexican man's skull while taking him into custody last month.
Lake Erie shipwreck identified in area where explorer died while diving
The wreck of the stone-hauling vessel is in the same area where the founder of the Cleveland Underwater Explorers died in 2024.
Stephen Colbert slams CBS again amid controversy over Talarico interview
"The Late Show" host Stephen Colbert slammed CBS again on Tuesday night after the network issued a statement about his interview with Texas Democrat James Talarico.
U.S.
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Lake Erie shipwreck identified in area where explorer died while diving
The wreck of the stone-hauling vessel is in the same area where the founder of the Cleveland Underwater Explorers died in 2024.
Zuckerberg questioned on under-13 Instagram users in social media trial
The Meta CEO defended his company's efforts to keep kids under 13 off of Instagram, but noted that there are "people who lie" about their ages.
Dangerous conditions hinder search teams after deadly avalanche
Eight backcountry skiers have been found dead and one remains missing after an avalanche near Lake Tahoe in California, officials said.
Moderna says FDA to review its flu vaccine after reversing course
With the reversal from the FDA, Moderna said it is aiming to make the vaccine available for the 2026-27 flu season.
Trump administration sued over reversal of key climate finding
The Trump administration is facing a new lawsuit over its decision to deregulate emissions and repeal a landmark scientific finding on climate pollution.
MoneyWatch
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Zuckerberg questioned on under-13 Instagram users in social media trial
The Meta CEO defended his company's efforts to keep kids under 13 off of Instagram, but noted that there are "people who lie" about their ages.
Moderna says FDA to review its flu vaccine after reversing course
With the reversal from the FDA, Moderna said it is aiming to make the vaccine available for the 2026-27 flu season.
Judge: Lawsuit against Buffalo Wild Wings has "no meat on its bones"
A federal judge dismissed a lawsuit filed by an Illinois man who alleged that Buffalo Wild Wings' use of the term "boneless wings" was deceptive.
Tesla robotaxis involved in 14 crashes since launching in Austin, Texas
Tesla CEO Elon Musk has said the electric vehicle maker plans this year to greatly expand its self-driving taxi business.
FDA investigating Salmonella outbreak connected to moringa powder
Rosabella-brand moringa capsules could be linked to Salmonella cases in seven U.S. states, health officials said.
Politics
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Months before death by suicide, aide texted she had an affair with congressman
Regina Santos-Aviles told a colleague in a text message months before her death that she had an affair with Gonzales.
Les Wexner, longtime Epstein benefactor, tells Congress he was "duped"
Billionaire retail tycoon Les Wexner testified before a House committee Wednesday as part of the panel's investigation into Jeffrey Epstein.
Democratic lawmakers ask watchdogs to probe ex-lobbyists serving in Trump admin.
Four congressional Democrats are asking inspectors general to probe whether ex-lobbyists in the administration broke ethics rules to benefit former clients.
Stephen Colbert slams CBS again amid controversy over Talarico interview
"The Late Show" host Stephen Colbert slammed CBS again on Tuesday night after the network issued a statement about his interview with Texas Democrat James Talarico.
U.S. military strikes 3 more alleged drug boats, killing 11 people
The series of strikes brought the death toll to at least 145 people since the administration began targeting the small vessels since September.
HealthWatch
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Moderna says FDA to review its flu vaccine after reversing course
With the reversal from the FDA, Moderna said it is aiming to make the vaccine available for the 2026-27 flu season.
FDA investigating Salmonella outbreak connected to moringa powder
Rosabella-brand moringa capsules could be linked to Salmonella cases in seven U.S. states, health officials said.
Measles cases at university in Florida soar to nearly 60
Twenty one states in the U.S. have confirmed cases of measles.
Can TrumpRx help you save money on drugs? Here's what experts say.
The Trump administration's new discounted drug platform, TrumpRx, isn't a game-changer for consumers, health care experts said.
Moderna says FDA refuses its application for new mRNA flu vaccine
The Food and Drug Administration is refusing to consider Moderna's application for a new flu vaccine made with mRNA technology, the company said.
World
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Ukraine protests as Russians cleared to fly their flag at Paralympics
Ukraine calls a decision to allow Russian and Belarusian athletes to compete in the 2026 Paralympics under their nations' flags, "disappointing and outrageous."
4th alleged rape victim testifies against Norway princess's son
Marius Borg Hoiby faces 38 charges, including raping four women while they were asleep or had passed out.
Zelenskyy says Putin playing for time as U.S.-brokered talks wrap up
U.S.-brokered Ukraine-Russia peace talks wrap up with little to show, and Zelenskyy accusing Moscow of playing for time
What is ski mountaineering? More on the sport making its Olympic debut
Ski mountaineering is new to the Olympics, but it's actually one of the oldest forms of skiing. Here's more on the treacherous sport that pushes athletes to their limits.
Mikaela Shiffrin wins gold in women's slalom, breaking Olympic drought
Mikaela Shiffrin, the most decorated skier of all time, last won a medal at the 2018 Winter Olympics in PyeongChang.
Entertainment
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Entertainment
From the archives: Robert Duvall
Academy Award-winning actor Robert Duvall died on Feb. 15, 2026 at the age of 95. In this June 25, 2006 "Sunday Morning" profile, the star of such classics as "The Godfather," "Apocalypse Now," and the TV miniseries "Lonesome Dove" talked with Rita Braver about his career, including the early days hanging out with Gene Hackman and Dustin Hoffman; his Oscar-winning performance as a country singer in "Tender Mercies"; and his love of westerns. He even gave a visiting reporter an impromptu tango lesson.
Stephen Colbert slams CBS again amid controversy over Talarico interview
"The Late Show" host Stephen Colbert slammed CBS again on Tuesday night after the network issued a statement about his interview with Texas Democrat James Talarico.
Stephen Colbert slams CBS, says network blocked James Talarico interview
"The Late Show" host Stephen Colbert criticized CBS on Monday night, saying the network blocked his interview with U.S. Senate hopeful James Talarico from airing.
Anderson Cooper to depart "60 Minutes" at end of season
Anderson Cooper will report multiple stories for "60 Minutes" before the end of the television season in May.
Oscar-winning actor Robert Duvall dies at 95
Oscar-winning actor Robert Duvall died on Sunday at the age of 95. Duvall starred in classics like "The Godfather" and "Apocalypse Now." Vladimir Duthiers looks back at his career.
Technology
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Technology
Zuckerberg testifies in landmark trial
Meta CEO Mark Zuckerberg is testifying in a landmark social media addiction trial on Wednesday. CBS News correspondent Carter Evans has more.
Zuckerberg taking the stand at trial
Meta CEO Mark Zuckerberg is taking the stand at a landmark trial on the effects of social media. CBS News' Jo Ling Kent reports.
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.
"Signal sniffer" inventor on Nancy Guthrie
Investigators in Nancy Guthrie's disappearance are using a device called a "signal sniffer" to try to detect transmissions from her pacemaker. David Kennedy, former NSA hacker and inventor of the pacemaker signal detector, joins CBS News to discuss his work with law enforcement in the search.
Potential impacts of AI
Matt Shumer joins "CBS Mornings" to discuss his now viral article, "Something Big Is Happening." He writes that AI's "capability for massive disruption could be here by the end of this year." Shumer explains why he wrote the article, and his message to concerned readers.
Science
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In a first, shark seen on camera in Antarctica waters, surprising researchers
A large shark was caught on camera for the first time in Antarctica's waters, surprising researchers. "There's a general rule of thumb that you don't get sharks in Antarctica," one said.
How Washington's crossing of the Delaware presaged a changing world
On the evening of Christmas 1776, Gen. George Washington surprised the King's forces by leading the Continental Army in a surprise crossing of a near-frozen Delaware River - a watershed military maneuver that dramatized a changing America, and a changing climate.
These United States: George Washington and climate change
On the evening of Christmas 1776, Gen. George Washington surprised the King's forces by leading the Continental Army in an unanticipated crossing of a near-frozen Delaware River. Environmental correspondent David Schechter looks at how Washington's watershed military maneuver dramatized both a changing America, and a changing climate.
Impact of climate change on Winter Olympics
The Winter Olympics in Milan need artificial snow due to climate change and warmer weather. Athletes say man-made snow makes terrain more difficult and unpredictable. Rob Marciano reports on its impact.
Scientists "quite surprised" to find one polar bear population thriving
After decades monitoring polar bears in Norway's far north, researchers say the animals have proven incredibly adaptable, but there are no guarantees for the future.
Crime
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Crime
Latest details in Nancy Guthrie case
DNA on gloves found near Nancy Guthrie's home did not match any in the FBI's database, the agency said, but investigators are still focusing on possible evidence as the search for "Today" co-host Savannah Guthrie's mother continues. CBS News' Andres Gutierrez has the latest.
4th alleged rape victim testifies against Norway princess's son
Marius Borg Hoiby faces 38 charges, including raping four women while they were asleep or had passed out.
Zuckerberg taking the stand at trial
Meta CEO Mark Zuckerberg is taking the stand at a landmark trial on the effects of social media. CBS News' Jo Ling Kent reports.
Focus on evidence in Nancy Guthrie search
Officials are still searching for a DNA match from a sample collected after a pair of gloves was found near Nancy Guthrie's home. This comes as the FBI probes gun purchases in the Tucson, Arizona, area. CBS News' Jonathan Vigliotti reports.
New Mexico probing ranch linked to Epstein
New Mexico lawmakers are investigating a ranch that convicted sex offender Jeffrey Epstein purchased in 1993 after the latest batch of documents released by the Justice Department revealed allegations of potential crimes that occurred on the property. CBS News' Ian Lee reports.
Space
More Space
Fresh crew arrives at International Space Station to boost numbers back to 7
The Crew 12 docking came one month after a previous crew had to return to Earth early due to a medical issue.
SpaceX launches crew to ISS
NASA and SpaceX launched a new mission to the International Space Station with four crew members on board to replace the team that returned last month due to a medical issue with one member. Mark Strassmann has more.
SpaceX launches space station crew on 8-month mission
The two-woman, two-man crew is replacing four other station fliers who came home early last month due to a medical issue one was having.
NASA, SpaceX mission prepares for launch
NASA and SpaceX say they have completed their final reviews and are ready to launch a crewed mission to the International Space Station on Friday. Retired NASA astronaut Leroy Chiao joins "The Daily Report" to discuss.
ULA rocket has booster problem while launching classified Space Force payloads
A United Launch Alliance Vulcan rocket carrying classified Space Force payloads suffered a booster problem but apparently made an otherwise "nominal" ascent to space, the company said.
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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Latest CBS News Videos
8 skiers found dead, 1 missing after avalanche
Crews found the bodies of eight skiers on Wednesday after an avalanche near California's Lake Tahoe. One remains unaccounted for.
Ilia Malinin on Winter Olympics experience
Team USA's figure skater Ilia Malinin, who is best known as the "Quad God" for his signature quadruple axel, is reacting to his performance during the 2026 Winter Olympics free skate competition. CBS News' Kelly O'Grady caught up with Malinin in Italy.
Les Wexner to testify in Epstein probe
Billionaire retail tycoon Les Wexner is set to testify Wednesday before the House Oversight and Government Reform Committee over his relationship with Jeffrey Epstein. CBS News' Taurean Small has more.
From the archives: Robert Duvall
Academy Award-winning actor Robert Duvall died on Feb. 15, 2026 at the age of 95. In this June 25, 2006 "Sunday Morning" profile, the star of such classics as "The Godfather," "Apocalypse Now," and the TV miniseries "Lonesome Dove" talked with Rita Braver about his career, including the early days hanging out with Gene Hackman and Dustin Hoffman; his Oscar-winning performance as a country singer in "Tender Mercies"; and his love of westerns. He even gave a visiting reporter an impromptu tango lesson.
Colbert slams CBS over his Talarico interview
"The Late Show" host Stephen Colbert criticized CBS again on Tuesday, claiming the network's lawyers told him to drop an interview with Democratic U.S. Senate hopeful James Talarico and cited the FCC's equal-time rule. In a statement, CBS said the show "was not prohibited by CBS from broadcasting the interview with Rep. James Talarico. The show was provided legal guidance that the broadcast could trigger the FCC equal-time rule for two other candidates," and "The Late Show decided to present the interview through its YouTube channel rather than potentially providing the equal-time options."