Vast majority of U.S. homes are unaffordable to the average buyer
As the spring homebuying season approaches, affordability is at its lowest point in history, one economist said.
Watch CBS News
As the spring homebuying season approaches, affordability is at its lowest point in history, one economist said.
Stubborn inflation and anxiety over slowing economic growth is weighing on Americans, new sentiment data shows.
A large number of American men between 25 and 54 years old are not working or even looking for work.
With inflation showing signs of cooling down, Americans may yet evade a recession, experts said.
There are clear bright spots that offer hope 2023 will not be the year the next recession begins
Inflation dropped to still-high 6%, likely bolstering Fed's resolve to keep raising interest rates well into 2023.
The House vote to impose a contract brokered by the White House but rejected by some workers was 290 to 137.
Consumer advocates are cautioning holiday shoppers about hidden risks with these popular loans.
Number of Americans applying for unemployment benefits rose to a 3-month high amid rise in layoffs.
Train conductors vote against wage deal with rail companies brokered by the Biden administration.
Annual holiday feast is likely to see sharply higher prices for turkey and other traditional food items.
Thanksgiving dinner will cost more than in previous years.
The Treasury chief told CBS News she expected inflation to ease thanks to a "resilient" U.S. economy, and said Biden's shift to EVs would become "less reliant on China."
Investors cheered after U.S. consumer prices fell last month more than Wall Street expected.
A shift in the balance of congressional power could affect your finances. Here's what you should know.
Coupon codes and cash-back offers can help take the sting out of soaring prices, expert says.
Exxon and Chevron reported surging quarterly earnings, with gas prices still up sharply from a year ago.
Natalie Brand reports Republicans say inflation is out of control and blame the Democrats.
The issues have forced concession companies to get creative in an effort to address the rising costs.
Surge in borrowing costs is pushing some buyers out of the market, while sellers face a quandary.
Truss faced a fast-mounting rebellion just weeks into her tenure, with a senior member of her own party declaring he'd "had enough of talentless people."
Some housing analysts expect interest rates for conventional home loans to hit double digits by early next year.
Economists are predicting a harsh recession next year, but will you be able to handle it?
President Biden announced the release of 15 million barrels of oil from the U.S. strategic reserve as part of a response to recent production cuts announced by OPEC+ nations.
More Americans filed for jobless aid last week as layoffs jumped, showing the Fed's rate hikes are taking a toll.
According to Cubalex, a nonprofit organization that promotes human rights, nearly 160 protests have been reported across Cuba since March 6.
The Trump administration has been strategizing methods and options to secure or extract Iran's nuclear materials, according to multiple sources, as the military campaign against Tehran enters a more uncertain phase.
Since the beginning of March, Fort Lauderdale police have issued more than 1,000 traffic citations and made 38 arrests, with 10 of those being spring breakers.
Cellphone video appears to show a man, identified as suspect Roberto Sosa, receiving several blows to the head from police officers in the middle of Hallandale Beach Boulevard before being taken to the ground.
City Commissioner Damian Pardo, who represents District 2, which includes downtown, told CBS News Miami Investigates that the city has no jurisdiction to quiet or move the portable chiller system.
According to Cubalex, a nonprofit organization that promotes human rights, nearly 160 protests have been reported across Cuba since March 6.
The Trump administration has been strategizing methods and options to secure or extract Iran's nuclear materials, according to multiple sources, as the military campaign against Tehran enters a more uncertain phase.
Since the beginning of March, Fort Lauderdale police have issued more than 1,000 traffic citations and made 38 arrests, with 10 of those being spring breakers.
Cellphone video appears to show a man, identified as suspect Roberto Sosa, receiving several blows to the head from police officers in the middle of Hallandale Beach Boulevard before being taken to the ground.
City Commissioner Damian Pardo, who represents District 2, which includes downtown, told CBS News Miami Investigates that the city has no jurisdiction to quiet or move the portable chiller system.
In courtroom testimony, Shandelle Maycock recounted the harrowing night her daughter was abandoned in the Everglades, describing the horrors they endured.
A former prison guard trainee has been sentenced to death for the 2019 execution-style killings of five women inside a Florida bank.
Florida coach Billy Napier is getting a fourth season to try to get the Gators back to their winning ways.
A Florida man has filed a federal lawsuit against Jacksonville sheriff's officers who severely beat him last year after he ran from a traffic stop.
The Marion County Sheriff's deputy told authorities that he accidentally shot and killed his girlfriend while cleaning his gun.
The Trump administration has been strategizing methods and options to secure or extract Iran's nuclear materials, according to multiple sources, as the military campaign against Tehran enters a more uncertain phase.
Border czar Tom Homan is expected back on Capitol Hill later Friday for bipartisan talks.
The first Marine Expeditionary Unit, which is coming from the Pacific, is still making its way toward the region.
The Trump administration argued that Harvard unlawfully discriminated against Jewish and Israeli students, in violation of federal civil rights law.
The Justice Department says it has shuttered four websites that were allegedly used by Iranian government-linked groups to post hacked information and threaten regime critics.
Critics of the bill argue that the attacks on the teacher unions are part of a broader education strategy that has slowly been unfolding for the past 30 years.
Nixon is in the Democratic primary against Alex Vindman, the retired lieutenant colonel who was instrumental in causing Trump's first impeachment.
In a wide-ranging CBS News Miami interview with Jim DeFede, Byron Donalds discussed his troubled past, tensions with Gov. Ron DeSantis and his political views.
For the first time, Donalds acknowledges that he didn't just possess marijuana, but that he was also dealing at the time.
The measure was pushed by the Freedom Foundation, a right-wing think tank funded by billionaires, whose intention is to eliminate public sector unions.
Food containing norovirus may smell and taste normal but still cause serious illness if consumed, FDA warns.
HHS Secretary RFK Jr. wants the popular coffee chains to prove their surgery drinks are safe for teens and suggested the Trump administration could place limits on your cup of coffee.
Tests of dozens of baby formulas by Consumer Reports found that nearly half contained potentially dangerous chemicals.
A trial has been set in the San Francisco Bay Area for a Florida woman accused of providing a cosmetic injection that killed a woman who was known as a Kim Kardashian lookalike, prosecutors said.
The Sunshine state is on track to be the second-highest, with only nine cases behind Utah, and the numbers lagging by five days.
A lawsuit filed late last month took Chicago-based McDonald's to task over the McRib sandwich, calling its name a form of false advertising.
Florida insurance policyholders could be seeing some form of relief in their wallets thanks to market reforms made statewide, Gov. Ron DeSantis said.
The company said Tuesday that 85% of its retail products and "nearly all" of its school offerings are already made without "certified colors."
Less than two days after Delta Air Lines offered $30,000 to each passenger on board the flight that crashed and flipped in Toronto on Monday afternoon, the company is facing its first two lawsuits in the incident — and they likely won't be the last.
Activists are calling for a nationwide boycott of Target stores following the company's decision to roll back its diversity, equity and inclusion initiatives.
CBS News announced Friday that CBS News Radio will be shutting down this spring after nearly 100 years of broadcasting, citing "challenging economic realities."
Chuck Norris' family said his death at 86 was sudden, but did not share any details on the cause.
ABC has canceled its already filmed season of "The Bachelorette" starring Taylor Frankie Paul after video surfaced of a 2023 incident in which she was charged with assault.
Law enforcement sources told CBS News that additional images were obtained from surveillance cameras installed at Guthrie's Tucson home, but they showed nothing suspicious.
The Kennedy Center's board of directors has voted to shut down operations for two years following this summer's July 4 celebrations.