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.
Mortgage Rates
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.
"Mornings Memory": 1979's tough market
In today's tough housing market, homebuyers face high mortgage rates — but it's not the first time. A CBS News report from 1979 shows a young family in Chicago struggling with even steeper rates of 11%. Here's a look back at how history is repeating itself.
Why mortgage rates rose after falling
Mortgage rates dropped after the Fed's interest rate cut announcement in September. Although rates appear to have slightly risen since dropping to a record two-year low, experts still believe they will trend down if the U.S. economy remains stable. Bankrate's Mark Hamrick joins CBS News with more.
Here are the credit products already cheaper after the Fed's rate cut
Lenders are already lowering rates on some products, providing savings to borrowers. Here's what to know.
Federal Reserve interest rate cut effect
The Federal Reserve's interest rate cut announcement has already affected the prices of some mortgage rates and credit card interest rates. CBS MoneyWatch associate managing editor Aimee Picchi reports.
Interest rate cuts impact stock prices
The Federal Reserve Board's announcement to cut interest rates has made stocks surge for now and mortgage rates slightly drop. CBS News senior business and technology correspondent Jo Ling Kent looks at the data.
How one first-time homebuyer spent three years searching for a house
The real estate market is especially tough for first-time homebuyers like Shruti Chauhan, who has been hunting for years.
Spotting scams when homebuying, renting
The CBS News Confirmed team investigated housing scams that are impacting Americans nationwide. CBS News national consumer correspondent Ash-har Quraishi has more on avoiding scams when buying or renting a home.
Challenges facing first-time home buyers
Many prospective first-time home buyers feel like they're at a disadvantage as they face high interest rates and competition from a spiking number of all-cash offers. CBS News correspondent Nancy Chen has more.
Former Prince Andrew arrested over Epstein files revelations
Andrew Mountbatten-Windsor, King Charles III's younger brother, has been arrested over suspected misconduct in public office after revelations in the Epstein files.
Alysa Liu wins gold for U.S. in women's figure skating at Winter Olympics
Three figure skaters from Team USA competed in the women's individual free skate event at the Milan Cortina Winter Games.
Patel takes FBI jet to Italy, plans to watch Olympic hockey medal rounds, sources say
Patel took an FBI jet to Italy and plans to watch the Men's USA Olympic hockey team compete in the medal rounds, multiple sources said.
New Mexico reopens investigation linked to Epstein's former Zorro Ranch
New Mexico's attorney general has reopened an investigation into allegations of illegal activity at Jeffrey Epstein's former Zorro Ranch.
Scores of U.S. warplanes head for key bases amid standoff with Iran
As Trump pressures Iran, he's spoken of an "armada" heading for the Mideast, but there's another massive movement of American fire power in the air.
Here's what's in the Epstein files about former Prince Andrew
Former Prince Andrew's arrest followed the release of a massive trove of Epstein files by the U.S. Justice Department that included a series of potentially incriminating documents related to his activities as trade envoy.
FBI in touch with Mexico about Nancy Guthrie's disappearance, sources say
The FBI has been in touch with the Mexican government and Mexican law enforcement regarding the disappearance of Nancy Guthrie, law enforcement sources told CBS News.
NASA's new chief rebukes Boeing, space agency over problem-plagued Starliner mission
Astronauts Barry "Butch" Wilmore and Sunita Williams were expecting to spend eight to 10 days in space. They ended up remaining in orbit for 286 days.
Exclusive
Puerto Vallarta-area timeshare was a cartel-run fraud engine, officials say
The U.S. Treasury Department on Thursday sanctioned Kovay Gardens, accusing the Mexican resort of operating under the direction of the Cartel de Jalisco Nueva Generación, or CJNG.
U.S.
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Virginia Giuffre's family says U.S. government response to Epstein files is "shameful"
Andrew Mountbatten-Windsor was arrested Thursday for suspected misconduct in public office stemming from revelations in the Jeffrey Epstein files.
New Mexico reopens investigation linked to Epstein's former Zorro Ranch
New Mexico's attorney general has reopened an investigation into allegations of illegal activity at Jeffrey Epstein's former Zorro Ranch.
Lawsuit against Amazon over suicides linked to chemical can go to trial
Four families whose loved ones died after consuming sodium nitrite allege that Amazon sold the product despite being aware it could be used for suicide.
Alysa Liu wins gold for U.S. in women's figure skating at Winter Olympics
Three figure skaters from Team USA competed in the women's individual free skate event at the Milan Cortina Winter Games.
Team USA wins gold over Canada in women's hockey overtime thriller at Winter Games
This was the seventh gold medal match — and fifth in a row — between the two hockey powerhouses.
MoneyWatch
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Lawsuit against Amazon over suicides linked to chemical can go to trial
Four families whose loved ones died after consuming sodium nitrite allege that Amazon sold the product despite being aware it could be used for suicide.
How a U.S. strike on Iran could affect American drivers and borrowers
Oil prices could surge depending on the level of disruption from U.S. military strikes on Iran, Wall Street analysts say.
Olympians going for gold juggle day jobs to bring in some green
Olympians often hold down jobs to pay the bills, highlighting the financial challenges facing many athletes competing on the Olympic stage.
Judge scolds Mark Zuckerberg's team for wearing Meta glasses to trial
A Los Angeles judge ordered Meta officials to remove their AI glasses at a trial over the impact of social media on users.
Nissan recalls nearly 643,000 vehicles over engine and gear risks
Separate gear and engine problems with some Nissan Rogue compact SUVs can cause them to lose power, safety regulators warn.
Politics
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Virginia Giuffre's family says U.S. government response to Epstein files is "shameful"
Andrew Mountbatten-Windsor was arrested Thursday for suspected misconduct in public office stemming from revelations in the Jeffrey Epstein files.
New Mexico reopens investigation linked to Epstein's former Zorro Ranch
New Mexico's attorney general has reopened an investigation into allegations of illegal activity at Jeffrey Epstein's former Zorro Ranch.
Patel takes FBI jet to Italy, plans to watch Olympic hockey medal rounds, sources say
Patel took an FBI jet to Italy and plans to watch the Men's USA Olympic hockey team compete in the medal rounds, multiple sources said.
Virginia's Spanberger to deliver Democratic response to State of the Union
Virginia Gov. Abigail Spanberger will deliver the Democratic response to President Trump's State of the Union address next week.
Texas woman who made series of violent threats fails to report to prison
Abigail Shry was due to begin serving a 27-month federal prison sentence this week for threatening a federal judge, but she failed to appear.
HealthWatch
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Federal tax dollars subsidize health care plans in ways you may not realize
Critics have questioned why the federal government should underwrite coverage costs for people with ACA health plans — but almost all health insurance in the U.S. comes with some federal help.
NIH's Jay Bhattacharya will also serve as acting CDC director
The Centers for Disease Control and Prevention hasn't had a Senate confirmed director since last summer, and that official was in the job for less than a month.
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.
World
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Virginia Giuffre's family says U.S. government response to Epstein files is "shameful"
Andrew Mountbatten-Windsor was arrested Thursday for suspected misconduct in public office stemming from revelations in the Jeffrey Epstein files.
Alysa Liu wins gold for U.S. in women's figure skating at Winter Olympics
Three figure skaters from Team USA competed in the women's individual free skate event at the Milan Cortina Winter Games.
Team USA wins gold over Canada in women's hockey overtime thriller at Winter Games
This was the seventh gold medal match — and fifth in a row — between the two hockey powerhouses.
U.S. speedskating star Jordan Stolz wins 3rd medal at Winter Olympics
Team USA speedskater Jordan Stolz came just short of his third Olympic gold on Thursday, taking silver in the men's 1,500-meter race.
Here's what's in the Epstein files about former Prince Andrew
Former Prince Andrew's arrest followed the release of a massive trove of Epstein files by the U.S. Justice Department that included a series of potentially incriminating documents related to his activities as trade envoy.
Entertainment
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Entertainment
Alarming AI video of Brad Pitt, Tom Cruise
A ByteDance AI-generated video that appears to show Brad Pitt and Tom Cruise in a fight scene has sent shock waves across Hollywood. Actor Sean Astin, the president of the SAG-AFTRA labor unions, joins CBS News with more.
Former winner on "Top Model" docuseries
Former "America's Next Top Model" contestant Eva Marcille, known as Eva Pigford on the show, joins "CBS Mornings" to discuss the new docuseries exploring the show's controversies. Marcille, the winner of season three in 2004, describes the shocking revelations she learned through watching the docuseries.
Druski on launching career and controversy
Druski speaks to "CBS Mornings" about how he rose to global fame after starting his comedy skits on Instagram in 2017 and some of the controversy in his work, including at the NFL Honors earlier this month.
Jon Taffer on "Bar Rescue" season premiere
Jon Taffer is debuting a new season of "Bar Rescue" on Paramount+, and he joined CBS News 24/7 Mornings with more on what to expect.
"Top Model" docuseries on show controversies
For 24 seasons, supermodel Tyra Banks promised young women the chance to become the next big name in fashion on the show "America's Next Top Model." In a new Netflix documentary, former contestants, judges and Banks herself revisit some of the more controversial episodes of the reality show that aired from 2003 to 2018.
Technology
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Technology
Social psychologist on social media addiction
One of the catalysts for the social media addiction debate was a 2024 book called "The Anxious Generation" by social psychologist Jonathan Haidt. His new book tries to help parents and kids break free from screens. Haidt joins CBS News to discuss Mark Zuckerberg, the ongoing social media addiction trial and artificial intelligence.
Judge scolds Mark Zuckerberg's team for wearing Meta glasses to trial
A Los Angeles judge ordered Meta officials to remove their AI glasses at a trial over the impact of social media on users.
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.
Mark Zuckerberg grilled in court
Meta CEO Mark Zuckerberg took the stand at the social media addiction trial examining whether children and teens were given access to an addictive and harmful product. CBS News' Carter Evans reports.
Zuckerberg testifies at social media trial
Meta CEO Mark Zuckerberg testified Wednesday in a civil case over social media addiction allegations that skyrocketing social media use shows how people value the sites and it's not a strategy to keep users addicted. Jo Ling Kent reports.
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
Virginia Giuffre's family on former Prince Andrew arrest
British authorities arrested the former Prince Andrew on Thursday over potential misconduct in public office after revelations in the Epstein files. Sky and Amanda Roberts, the brother and sister-in-law of survivor Virginia Giuffre, who died in 2025, join "The Takeout" to discuss.
Former Prince Andrew released from custody
Former Prince Andrew spent 11 hours in a British jail on Thursday as he faces an investigation for possible wrongdoing as a trade official after revelations in the Jeffrey Epstein files. CBS News senior foreign correspondent Imtiaz Tyab has more.
Trump reacts to former Prince Andrew's arrest
Andrew Mountbatten-Windsor, the former British prince, was arrested on Thursday over suspected misconduct in public office revealed in the Epstein files. CBS News London bureau chief Tina Kraus has the latest.
World reacts to former Prince Andrew's arrest
Former Prince Andrew's arrest for suspected misconduct in public office has rocked the U.K. Tom Symonds with BBC News, a CBS News partner, has more.
FBI in contact with Mexico on Guthrie case
The FBI is in touch with Mexican officials regarding the search for Nancu Guthrie, law enforcement sources tell CBS News. Andres Gutierrez reports.
Space
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Space
New NASA boss criticizes agency over Starliner
NASA's new boss blasted both Boeing and his own space agency for the botched Starliner flight that left two astronauts stuck in space for months.
NASA's new chief rebukes Boeing, space agency over problem-plagued Starliner mission
Astronauts Barry "Butch" Wilmore and Sunita Williams were expecting to spend eight to 10 days in space. They ended up remaining in orbit for 286 days.
NASA refuels Artemis II moon rocket in critical pre-launch test
Engineers were able to fully fuel NASA's Artemis II moon rocket without any signs of leaks like the ones that derailed an earlier dress rehearsal.
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.
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
Relationship between Wexner and Epstein
Billionaire Les Wexner, one of the closest known benefactors of Jeffrey Epstein, said he was "naive, foolish and gullible" for trusting the late convicted sex offender. CBS News contributor Lauren Sherman has more details about their relationship.
New NASA boss criticizes agency over Starliner
NASA's new boss blasted both Boeing and his own space agency for the botched Starliner flight that left two astronauts stuck in space for months.
Continued military buildup by U.S. over Iran
The U.S. is said to have more military air power in the Middle East than at any time since the 2003 invasion of Iraq, according to the Wall Street Journal. With a second aircraft carrier on its way on Thursday, the White House appears prepared for the possibility of a weekslong war with Iran, if ongoing nuclear talks fall through. Charlie D'Agata has more.
Clues in Nancy Guthrie's disappearance 19 days in
19 days into the search for Nancy Guthrie, the Pima County Sheriff confirmed that investigators are still analyzing the DNA recovered from Guthrie's home. Jonathan Vigliotti has more.
Former Prince Andrew released, not cleared after arrest
Andrew Mountbatten-Windsor, the brother of the reigning King Charles, was arrested Thursday morning in a raid on his cottage on the king's estate. It follows new revelations about former Prince Andrew's business dealings with the late convicted sex offender Jeffrey Epstein. Imtiaz Tyab has more.