2023 was brutal for homebuyers. Here's what to expect in 2024.
Mortgage rates recently hit their highest levels in more than two decades, pricing many out of the market. Here's what to expect in 2024.
MoneyWatch
Latest News
Here's what to know about the deadly cantaloupe salmonella outbreak
Cantaloupes contaminated with the bacteria have been linked to more than 100 illnesses and two deaths, health officials said.
Walmart says it has stopped advertising on Elon Musk's X platform
Retail giant joins other big advertisers that are distancing themselves from X following Musk's support for an antisemitic post.
Some retailers are telling customers to just keep unwanted goods
Ordered something online you want to return? Some retailers say, "Keep it," and they'll still give you your money back.
How to spend your FSA dollars before they expire
The end of the year is approaching, which means it's time to think about what's left in your Flexible Spending Account, or FSA, before you lose it. Here's what you can spend the balance on.
Cartel operators posed as U.S. officials to target Americans in timeshare scam
Jalisco cartel members have scammed at least 600 Americans out of about $40 million, officials said.
How to turn off iPhone's iOS 17 NameDrop feature
How to turn off Apple's new NameDrop feature in iPhones with iOS 17 that lets users share information when devices are in close proximity.
Red Lobster's cheap "endless shrimp" offer chewed into its profits
Red Lobster added all-you-can-eat shrimp to its menu. Then it realized how much Americans can eat.
Auto industry eyes subscription fees as multi-billion-dollar revenue stream
General Motors projects subscription fees to bring in as much as $25 billion a year by 2030.
Managing Your Money
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3 ways to make passive income this holiday season
You can earn money while you're sitting around in your pajamas this month.
Why you should get pet insurance for 2024
Pet insurance can be valuable for owners at all times but it can be especially beneficial before a new year. Here's why.
16 best 1-year CD rates for December 2023
If you're trying to find the best 1-year CD rates, these options come with some of the top APYs available today.
Retirement
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You're probably planning for retirement wrong. Here's why.
Only about 1 in 10 Americans understands the basics of longevity, or how long they'll live in retirement. Can you pass the test?
Millions of older workers are nearing retirement with nothing saved
Over the next few years, the U.S. could see a surge in seniors living in poverty, one retirement expert predicts.
Here's how much money Americans think they need to retire comfortably
The gap between what people think they'll need for old age and their actual savings is massive, even for those nearing retirement.
Social Security's 2023 COLA was 8.7%. It may be stingier in 2024.
Seniors and other recipients of the Social Security program may get a cost-of-living adjustment of 3.1% next year, one forecast says.
Inflation is ruining Americans' efforts to save for retirement
Even a brief interruption in plan contributions can affect people's financial goals years down the road, experts say.
Money Tech
Elon Musk says advertiser boycott at X could "kill the company"
The billionaire owner of X took a defensive tone, saying that "the whole world will know that those advertisers killed the company."
OpenAI says Sam Altman returning as CEO days after board sacked him
OpenAI co-founder Sam Altman says he's looking forward to returning to the company, with the support of Microsoft's CEO, to build the 2 companies' "strong partnership."
Elon Musk says X will donate ad, subscription revenue tied to Gaza war
Musk, who is under fire for supporting an antisemitic post, said the money will be donated to hospitals in Israel and to the Red Cross in Gaza.
Microsoft hires Sam Altman 3 days after OpenAI fired him as CEO
Altman landed at Microsoft, the biggest investor in OpenAI, as former Twitch leader Emmett Shear was named OpenAI's new chief executive.
Elon Musk endorses antisemitic post on X as "the actual truth"
Elon Musk, the world's richest person, said he agreed with an X post that claims that Jews are pushing "hatred against whites."
Okta's stock slumps after security company says it was hacked
Shares of the security software maker, which protects some of the world's biggest companies, fell after it said a customer tool was compromised.
Best Buy set to stop selling DVD and Blu-ray discs
Best Buy joins Netflix in recently lowering the curtain on sales of DVDs and Blu-rays, with the retailer saying the move will save space.
Meta proposes charging $13 a month for ad-free Instagram in Europe
Meta said it may offer a paid-subscription service to comply with European Union privacy rules restricting personalized ads.
Apple to fix iPhone 15 bug blamed for phones overheating
Apple plans to upgrade the iPhone 15's operating system to prevent it from overheating and becoming uncomfortable to hold.
Latest News
Renewed concerns for civilians as Israel intensifies southern Gaza assault
Israel is pounding targets in the southern Gaza Strip, intensifying a renewed offensive after a weeklong truce with Hamas and giving rise to renewed concerns about civilian casualties.
Chris Christie may not appear on Republican primary ballot in Maine
The former New Jersey governor fell short of the minimum 2,000 signatures needed from Maine voters to qualify for the state's Republican presidential primary.
Las Vegas police search for lone suspect in homeless shootings
The shootings came on the same day Los Angeles officials announced they believed a serial killer was responsible for the killings of three homeless men in their city.
Egg suppliers ordered to pay $17.7 million by federal jury for price gouging
The jury ruled last week that the egg producers used various means to limit the domestic supply of eggs to increase the price of products during the 2000s.
COVID-19 increasing again, especially in Midwest, Mid-Atlantic, CDC says
Cases of other respiratory illnesses, including flu and RSV, are also on the rise.
Inside the fight against methane gas amid milestone pledges at COP28
Methane is an invisible gas that is rapidly heating up the atmosphere.
United Auto Workers calls for cease-fire in Gaza
Other labor organizations have shared their support for a cease-fire in the war-torn region.
Sandra Day O'Connor, first woman on the Supreme Court, dies at 93
Sandra Day O'Connor was appointed to the U.S. Supreme Court by President Ronald Reagan in 1981, and she retired in 2006.
7.6 magnitude earthquake strikes off the southern Philippines: Tsunami warning issued
The Pacific Tsunami Warning Center said based on the magnitude and location it expected tsunami waves to hit the southern Philippines and parts of Indonesia, Palau and Malaysia.
U.S.
More U.S.
Egg suppliers ordered to pay $17.7 million by federal jury for price gouging
The jury ruled last week that the egg producers used various means to limit the domestic supply of eggs to increase the price of products during the 2000s.
Las Vegas police search for lone suspect in homeless shootings
The shootings came on the same day Los Angeles officials announced they believed a serial killer was responsible for the killings of three homeless men in their city.
Who killed Heidi Firkus? Her husband Nick says he didn't do it.
For over a decade, investigators worked to piece together the 2010 murder of Heidi Firkus, who, according to her husband Nick Firkus, was shot and killed in a burglary at the couple's Saint Paul, Minnesota, home.
Chris Christie may not appear on Republican primary ballot in Maine
The former New Jersey governor fell short of the minimum 2,000 signatures needed from Maine voters to qualify for the state's Republican presidential primary.
Inside the fight against methane gas amid milestone pledges at COP28
Methane is an invisible gas that is rapidly heating up the atmosphere.
MoneyWatch
More MoneyWatch
Auto industry eyes subscription fees as multi-billion-dollar revenue stream
General Motors projects subscription fees to bring in as much as $25 billion a year by 2030.
Walmart says it has stopped advertising on Elon Musk's X platform
Retail giant joins other big advertisers that are distancing themselves from X following Musk's support for an antisemitic post.
2023 was brutal for homebuyers. Here's what to expect in 2024.
Mortgage rates recently hit their highest levels in more than two decades, pricing many out of the market. Here's what to expect in 2024.
Here's what to know about the deadly cantaloupe salmonella outbreak
Cantaloupes contaminated with the bacteria have been linked to more than 100 illnesses and two deaths, health officials said.
Some retailers are telling customers to just keep unwanted goods
Ordered something online you want to return? Some retailers say, "Keep it," and they'll still give you your money back.
Politics
More Politics
United Auto Workers calls for cease-fire in Gaza
Other labor organizations have shared their support for a cease-fire in the war-torn region.
Chris Christie may not appear on Republican primary ballot in Maine
The former New Jersey governor fell short of the minimum 2,000 signatures needed from Maine voters to qualify for the state's Republican presidential primary.
George Santos has been expelled from Congress. What happens next?
The House has voted to expel Santos. That triggers a special election to replace him in New York's 3rd Congressional District.
Texas must remove floating Rio Grande border barrier, appeals court rules
The 5th U.S. Circuit Court of Appeals upheld a lower court ruling and ordered Texas to stop any work on the roughly 1,000-foot barrier.
Judge rejects Trump's motion to dismiss 2020 election interference case
Judge Tanya Chutkan ruled that former President Donald Trump cannot be shielded from criminal prosecution after leaving office for alleged conduct during his time in office.
HealthWatch
More HealthWatch
COVID-19 increasing again, especially in Midwest, Mid-Atlantic, CDC says
Cases of other respiratory illnesses, including flu and RSV, are also on the rise.
Pneumonia cases in U.S. kids not linked to China outbreak, experts say
What to know about the pneumonia cases affecting children in the U.S., as well as expert advice on how to protect kids from respiratory illnesses.
Balance of Nature says it is back in business after FDA shutdown
A federal court had ordered the company to pause making and selling its products.
How to spend your FSA dollars before they expire
The end of the year is approaching, which means it's time to think about what's left in your Flexible Spending Account, or FSA, before you lose it. Here's what you can spend the balance on.
Aziza Shuler opens up about alopecia
For most of her life, CBS News Philadelphia anchor Aziza Shuler hid her battle with alopecia. Recently, the weekend anchor opened up about her experience with the condition, and is sharing her story with CBS News' David Begnaud.
World
More World
Peruvian rainforest defender killed returning from environmental workshop
Quinto Inuma Alvarado was shot three times in the back and once in the head, his son said.
Director of Miss Nicaragua charged with 'beauty queen coup' plot
Nicaraguan police say they want to arrest the director of the Miss Nicaragua pageant, accusing her of intentionally rigging contests so that anti-government beauty queens would win the pageants as part of a plot to overthrow the government.
Renewed concerns for civilians as Israel intensifies southern Gaza assault
Israel is pounding targets in the southern Gaza Strip, intensifying a renewed offensive after a weeklong truce with Hamas and giving rise to renewed concerns about civilian casualties.
Italian city of Bologna braces for collapse of leaning Garisenda Tower
The city of Bologna is building a protective fence around the iconic Garisenda Tower in case it collapses.
70-year-old woman gives birth to twins in Uganda, doctor says
"At 70 years when I'm considered weak, unable to get pregnant and deliver, or look after a baby, and here is a miracle of the twins," the mother said.
Entertainment
More Entertainment
A long-lost piece of country music history is found
In 1969 a rose-embroidered, rhinestone-accented suit owned by Chris Ethridge, of The Flying Burrito Brothers, was stolen from a station wagon; after more than 50 years, Ethridge's daughter found it for sale at auction.
Beach Fossils perform "Run To The Moon"
Veteran indie rockband Beach Fossils was formed 15 years ago in Brooklyn by frontman Dustin Payseaur. They've earned a loyal fanbase and recently toured with Post Malone before heading out on their own, ongoing headline tour. From their latest album "Bunny," here's Beach Fossils with "Run to the Moon."
Beach Fossils perform "Sleeping On My Own"
Veteran indie rockband Beach Fossils was formed 15 years ago in Brooklyn by frontman Dustin Payseaur. They've earned a loyal fanbase and recently toured with Post Malone before heading out on their own, ongoing headline tour. From their latest album "Bunny," here's Beach Fossils with "Sleeping On My Own."
Beach Fossils perform "Don't Fade Away"
Veteran indie rockband Beach Fossils was formed 15 years ago in Brooklyn by frontman Dustin Payseaur. They've earned a loyal fanbase and recently toured with Post Malone before heading out on their own, ongoing headline tour. From their latest album "Bunny," here's Beach Fossils with "Don't Fade Away."
Sam Wasson on new Francis Ford Coppola book
Author Sam Wasson is no stranger to the lives of artists. He's written multiple books about the entertainment industry and its creators, and his new book looks at Francis Ford Coppola. In an interview with Jeff Glor, Wasson discusses why he wanted to write about Coppola, the highs and lows of his long Hollywood career, and his $120 million dollar bid to release a definitive masterpiece.
Technology
More Technology
Technology
Automakers turn to subscription fees
Automakers, including General Motors, Ford and BMW, are charging drivers subscription fees to use certain state-of-the-art features, such as remote locking and hands-free cruise control. Carter Evans has details.
Amazon unveils new AI chatbot for companies
Amazon has introduced a new chatbot powered by artificial intelligence, called Amazon Q. The AI assistant is focused on assisting businesses, not consumers. Jason Hinder, editor-in-chief for ZDNET, joined CBS News to discuss the new chatbot.
Sports Illustrated, AI and the future of news
What happens when a legacy media outlet turns to artificial intelligence? Seth Lewis, professor and director of journalism at the University of Oregon, joins CBS News to dig into the recent reporting about Sports Illustrated and AI — and what it reveals about the future of news.
Cyberattack on hospital chain causes chaos
A major ransomware attack affected 30 hospitals and more than 200 health care sites across six states. CBS News homeland security and justice reporter Nicole Sganga looks at what happened to some patients.
Elon Musk says advertiser boycott at X could "kill the company"
The billionaire owner of X took a defensive tone, saying that "the whole world will know that those advertisers killed the company."
Science
More Science
Science
U.S. commits to promote sustainable farming
The U.S. will participate in the United Arab Emirates' declaration to promote sustainable agriculture, Secretary of State Antony Blinken announced at the COP28 climate summit in Dubai. CBS News national correspondent Dave Malkoff joins to unpack the overarching goals of the conference.
Nature conservation and the climate crisis
The Wildlife Conservation Society believes preserving nature can help solve the problems associated with climate change. Monica Medina, president and CEO of the Wildlife Conservation Society, joined CBS News to talk about her organization's goals at the COP28 climate summit in Dubai.
Breaking down day one of COP28 in Dubai
The United Nations Climate Change Conference, known as COP28, kicked off Thursday in Dubai, and delegates already agreed to a major deal. CBS News senior national and environmental correspondent Ben Tracy has more.
COP28 climate summit draws controversy
World leaders working to combat climate change kicked off the annual COP28 climate summit Thursday by adopting a loss and damage fund for natural disasters. CBS News senior national and environmental correspondent Ben Tracy has more.
Why COP climate meetings matter
The annual United Nations climate summit, COP28, is officially underway with world leaders seeking agreement on goals and strategies to address climate change. CBS News' Anne-Marie Green has more on what these summits do and why they are important. And CBS News senior national and environmental correspondent Ben Tracy has a look at President Biden's climate change record.
Crime
More Crime
Las Vegas police search for lone suspect in homeless shootings
The shootings came on the same day Los Angeles officials announced they believed a serial killer was responsible for the killings of three homeless men in their city.
Who killed Heidi Firkus? Her husband Nick says he didn't do it.
For over a decade, investigators worked to piece together the 2010 murder of Heidi Firkus, who, according to her husband Nick Firkus, was shot and killed in a burglary at the couple's Saint Paul, Minnesota, home.
One homeless person killed, another 4 wounded in Las Vegas shooting
This comes after Los Angeles officials reported Friday that they are seeking a suspected serial killer in the murders of three homeless people this week.
Revisiting the LIRR massacre, 30 years later
Dec. 7, 2023, marks 30 years since a gunman killed six people and injured 19 others on a Long Island railroad train. CBS New York reporter Carolyn Gusoff speaks with survivors about the state of U.S. gun laws.
Inmate charged in stabbing of Derek Chauvin
Federal prosecutors said former Minneapolis police officer Derek Chauvin, who was found guilty of murdering George Floyd, was stabbed 22 times by a fellow inmate in a federal prison in Arizona last month. The 52-year-old suspect has been charged with attempted murder.
Space
More Space
NASA "unlikely" to launch Artemis moon landing flight in 2025, GAO says
NASA is facing challenges with SpaceX's moon lander and the new Axiom spacesuits for moonwalkers.
New solar system with rare, perfectly in-sync planets found in Milky Way
Astronomers have discovered six planets orbiting a bright, nearby star in perfect synchrony like a grand cosmic orchestra.
Scientists discover "in-sync" solar system
Scientists have discovered a six-planet solar system in the Milky Way that astronomers say has been untouched by outside forces since its birth billions of years ago. The six planets orbit a star "perfectly" in sync. Derrick Pitts, chief astronomer at the Franklin Institute, joined CBS News to talk about the discovery.
Mars' landscape captured in newly released images
NASA revealed multiple new panoramic images of clouds and dust in Mars' skies, as well as one of its tiny two moons, taken last May.
North Korea launches spy satellite into orbit, state media says
North Korea attempted to launch a surveillance satellite into orbit two other times this year without success.
Latest Galleries
More Latest Galleries
Matthew Trussler murder: Inside the case
Matthew Trussler was found dead at the home he shared with his fiancée Melissa Turner. See the evidence that led to authorities piecing together his death.
Catching a killer clown
Marlene Warren answered the door to her Wellington, FL, home and was fatally gunned down by a mysterious clown. Despite eyewitnesses, circumstantial evidence, and the identification a suspect early on, it would take more than 30 years for her killer to face justice.
Notable Deaths in 2023
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Becky Bliefnick texted about fear of her estranged husband
The Illinois mom wrote, "If something ever happens to me, please make sure the number one person of interest is Tim." Take a look at the evidence that led to Tim Bliefnick's arrest.
The crime scene evidence that convicted Alex Murdaugh
Inside South Carolina's "trial of the century" — how investigators built their case
Latest Videos
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Latest Videos
Anniversary of the "Battle of Versailles"
Fifty years ago, the "Battle of Versailles" put American models on the map. The event, held just outside of Paris, saw American designers and models dress for battle against the French fashion industry. The catwalk made fashion history, introducing models and designers of color to the runway. Michelle Miller has more.
Eye Opener: Woman sets herself on fire in Atlanta
A woman set herself on fire outside the Israel consulate in Atlanta in what officials called an act of political protest. Meanwhile, Russian president Vladimir Putin signed an order to add thousands of more troops to the war in Ukraine. All that and all that matters in today’s Eye Opener.
Companies say they'll cut methane emissions
A coalition of 50 major oil and gas companies are expected to agree to significantly cut their methane emissions by the end of the decade at the COP28 climate summit, marking a potential breakthrough in the fight against climate change. Ben Tracy has more on why methane is such a problem and the new tools designed to hold the industry accountable.
What did investigators find at the Firkus' Minnesota home?
Nick Firkus went on trial for the murder of his wife, but he says an intruder killed her. Using a reconstructed model of their home, prosecutors challenged his claim, stating it was highly unlikely.
Husband suspected of killing wife, lying about intruder
Nick Firkus called 911 and said someone broke into his home and shot him and his wife, Heidi. The investigation of Heidi’s death came down to one simple question: was there really an intruder in their home?