Foreclosures are surging as U.S. homeowners grapple with rising costs
A growing number of Americans, squeezed by inflation and elevated interest rates, face the risk of losing their home in foreclosure.
Subprime Mortgage
The full episode of the CBS Evening News from the April 11, 2016 edition
the CDC now believes the mosquito that carries the Zika virus is found in thirty states, not twelve as previously estimated; at the Caromont goat cheese farm in southern Virginia, this is the time of year when baby goats run wild
One of the financial firms that helped create the 2008 financial crisis has reached an agreement on the punishment
One of the financial firms that helped create the 2008 financial crisis has reached an agreement on the punishment. Goldman Sachs will pay a $5.1 billion fine for failing to address financial problems it knew about while selling subprime mortgages as bonds. Dean Reynolds has more.
Goldman Sachs will have to write a big check for deceptive subprime-mortgage practices; Wall Street prepares for bad earnings news; and Americans waste more than a third of their food
Goldman Sachs will have to write a big check for deceptive subprime-mortgage practices; Wall Street prepares for bad earnings news; and Americans waste more than a third of their food. These MoneyWatch headlines and more.
After a commercial touting an easier way to receive a mortgage aired during the Super Bowl, critics blasted the company who ran it, saying easy mortgages spurred the 2008 financial collapse
After a commercial touting an easier way to receive a mortgage aired during the Super Bowl, critics blasted the company who ran it, saying easy mortgages spurred the 2008 financial collapse. As Anthony Mason found out, that's not exactly the case.
Wells Fargo pays $2 billion over subprime mortgages
It's one of the last remaining big banks to settle charges relating to the subprime mortgage crisis
Here's what really caused the housing crisis
Despite conservatives' arguments, it certainly wasn't federal programs aimed at helping low-income home buyers
Inside the $5.1B Goldman Sachs subprime mortgage settlement
No one is going to jail, and approximately half of the settlement is tax deductible -- meaning Goldman Sachs will be getting a tax break that could shave about a billion dollars off the total
A Small Price To Pay
Is walking away from your mortgage just a "business decision"? (01/27/08)
The Repo Bus
One family's disaster is another's buying opportunity. (01/27/08)
How A Bubble Began
Easy credit paved this road to disaster. (01/27/08)
Ground Zero
The foreclosure capital of America. (01/27/08)
An Invitation To Fraud
Financial editor Jim Grant says everyone got a cut in the subprime circle. (01/27/08)
Warning Lights
$1,400,000,000 of bad loans in just one town! (01/27/08)
Exclusive
U.S. Air Force VIP fleet being repainted in Trump's preferred palette, sources say
The Kennedy-era robin's egg blue that's currently on the planes is being updated to navy, red and gold.
4 dead in crash on Colorado highway involving dozens of vehicles, State Patrol says
The Colorado State Patrol says four people were killed in a crash on I-25 south of Pueblo involving at least 30 vehicles during what are being called "brownout" conditions with low visibility on Tuesday morning.
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.
10 skiers still missing in California after avalanche near Castle Peak
A group of 16 backcountry skiers was reportedly involved in the incident, the sheriff's office says. Ten remain unaccounted for.
No DNA match in database from gloves found during Nancy Guthrie search
The DNA profile was recovered from gloves found during the investigation into the disappearance of Nancy Guthrie in Arizona.
Rhode Island hockey game shooting victims identified as family members
Police in Pawtucket, Rhode Island said they are still searching for motive following Monday's deadly mass shooting at a high school hockey game, but said it was an attack targeting family members.
Bayer proposes $7.2 billion settlement to resolve weedkiller cases
Germany's Bayer has faced thousands of lawsuits after buying Roundup maker Monsanto in 2018 for $63 billion.
Epstein survivor tells CBS News how she was trafficked, and assaulted
Juliette Bryant says not long after meeting Jeffrey Epstein, he assaulted her, and she realized, "this is not a modeling opportunity, I've been kidnapped."
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.
U.S.
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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.
Kristi Yamaguchi says it's "imperative" for figure skaters to have a clean short program
Alysa Liu, Amber Glenn and Isabeau Levito, collectively known as the "Blade Angels," began their Olympic medal campaigns in women's figure skating on Tuesday.
Alysa Liu carries Team USA to Olympic medal contention after short program
Team USA's Alysa Liu, Amber Glenn and Isabeau Levito competed in the women's short program at the Milan Cortina Olympics on Tuesday and qualified for the free skate on Thursday.
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.
MoneyWatch
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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.
20% of U.S. jobs are highly vulnerable to automation, economists say
More than half of jobs in manufacturing and transportation could be automated over the next 20 years, according to Oxford Economics.
Bayer proposes $7.2 billion settlement to resolve weedkiller cases
Germany's Bayer has faced thousands of lawsuits after buying Roundup maker Monsanto in 2018 for $63 billion.
Warner Bros. Discovery restarts takeover talks with Paramount Skydance
Warner Bros. Discovery said that Paramount Skydance is considering enhancing its buyout offer for the entertainment company.
Politics
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Judge blocks deportation of Palestinian activist who led protests at Columbia
An immigration judge has dismissed the Trump administration's deportation case against Mohsen Mahdawi, a Palestinian graduate student and Columbia protest leader.
Trump blames D.C., Maryland and Virginia for massive Potomac River sewage spill
President Trump and Maryland Gov. Wes Moore are feuding over who's responsible for addressing one of the largest sewage spills in U.S. history.
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.
Man arrested running toward Capitol with shotgun, police say
U.S. Capitol Police that the individual was in custody and that there did not appear to be other suspects or an ongoing threat.
Exclusive
U.S. Air Force VIP fleet being repainted in Trump's preferred palette, sources say
The Kennedy-era robin's egg blue that's currently on the planes is being updated to navy, red and gold.
HealthWatch
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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.
What to know about a new study on coffee, tea and dementia risk
CBS News medical contributor Dr. Céline Gounder said the results of the study on coffee drinkers having lower risk of dementia should be taken "with a massive grain of salt."
World
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Belgium accuses U.S. envoy of disinformation for antisemitism claim
Belgian authorities call the U.S. ambassador's intervention in the case of three Jewish religious figures "dangerous disinformation."
Epstein survivor tells CBS News how she was trafficked, and assaulted
Juliette Bryant says not long after meeting Jeffrey Epstein, he assaulted her, and she realized, "this is not a modeling opportunity, I've been kidnapped."
Iran calls talks with U.S. "more constructive" as Trump's threat looms
Iran and the U.S. traded threats and warnings even as negotiators sat down to discuss a deal to avert a war, but Tehran says "we now have a clearer path ahead."
Russia hammers Ukraine again as U.S. brokers 3rd round of peace talks
The U.S. is brokering a 3rd round of Russia-Ukraine talks, but there's little hope of a breakthrough to end the deadliest war on European soil in 80 years.
Bobsledder Elana Meyers Taylor, 41, wins gold in 5th Olympic appearance
Elana Meyers Taylor has won her first Olympic gold in women's monobob, and she made history as the oldest American woman to do it at the Winter Games.
Entertainment
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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.
Robert Duvall dies at 95
Robert Duvall, known for his roles in "The Godfather," "Apocalypse Now" and more, has died at 95, his wife announced in a social media post Monday. CBS News correspondent Shanelle Kaul has more.
Robert Duvall, Oscar winner who starred in "The Godfather," dies at age 95
Robert Duvall was in such classics as "The Godfather," "To Kill a Mockingbird," "M*A*S*H," "The Great Santini" and "Tender Mercies."
Technology
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Technology
"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.
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.
Viral essay urges people to prepare for AI
If you've been on social media this week, you've likely seen an ominous warning about artificial intelligence in your feed: "Something big is happening." An essay from the CEO of an AI company, Matt Shumer, likens the current moment to February 2020, right before the start of COVID. Nate Soares, co-author of "If Anyone Builds It, Everyone Dies," joins to discuss.
Amazon ends Flock partnership after backlash over Super Bowl ad
Amazon's Ring unit touted a "search party" service in its Super Bowl ad, but one critic called the app a "surveillance nightmare."
Science
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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.
Mysterious dark matter seen in new map of distant galaxies
Dark matter doesn't absorb or give off light so scientists can't study it directly. But they can observe how its gravity warps and bends the star stuff around it.
Crime
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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.
Probe into New Mexico ranch Epstein once owned
State lawmakers in New Mexico have launched an investigation into a ranch once owned by convicted sex offender Jeffrey Epstein. CBS News correspondent Ian Lee reports.
Guthrie investigators probing gun purchases
DNA tested from gloves found near the home of Nancy Guthrie did not come back with a match from inside the house or the national database, the Pima County Sheriff's Department confirmed. CBS News reporter Andres Gutierrez has the latest.
Georgia school shooting survivors testify
Survivors of the 2024 Apalachee High School shooting took to the stand Tuesday in the trial of Colin Gray, the father of the suspected gunman, who is accused of buying the gun and ammunition allegedly used during the attack. CBS News correspondent Skyler Henry reports.
Rhode Island shooting victims identified
Officials on Tuesday gave an update on Monday's shooting at a high school hockey game in Rhode Island. At least two people died; the suspect is also dead, officials say.
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
Ten skiers missing after California avalanche
Crews are working to rescue a group of 16 skiers who encountered an avalanche Tuesday in California. Ten of those skiers are unaccounted for while six are awaiting rescue.
Probe into New Mexico ranch Epstein once owned
State lawmakers in New Mexico have launched an investigation into a ranch once owned by convicted sex offender Jeffrey Epstein. CBS News correspondent Ian Lee reports.
"Crying horse" toy taking over China's internet
A frowning stuffed horse has sold by the tens of thousands in China, garnering hundreds of millions of mentions on Chinese social media. Tony Dokoupil has more on its symbolism.
U.S., Iran wrap up second round of nuclear talks
U.S. and Iranian negotiators say there's been progress in their nuclear talks, even as the U.S. assembles a massive naval force in the region and Iran launches military exercises nearby. Imtiaz Tyab has details.
Student victims testify in school shooting trial
Apalachee High School students took the stand as part of the trial of Colin Gray, the father of a teen investigators say killed two teachers and two students and wounded others during a 2024 school shooting in Georgia. Skyler Henry has details.