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
George Santos expelled from Congress in historic House vote
Rep. George Santos is just the sixth House member in U.S. history to be expelled and the first in more than 20 years.
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.
Derek Chauvin was stabbed 22 times in federal prison attack, charges say
The U.S. Attorney's Office identified the alleged perpetrator as 52-year-old John Turscak. He now faces charges of attempted murder, assault with intent to commit murder, assault with a dangerous weapon, and assault resulting in serious bodily injury.
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.
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 protection after leaving office for alleged conduct from his time in office.
Combat resumes in Gaza as Israel accuses Hamas of violating cease-fire
Hamas says at least 60 people killed as Israel resumes military operations in Gaza after accusing the Palestinian group of violating a cease-fire that lasted 7 days.
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.
2023 was brutal for home buyers. 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.
2 homeless people killed, another 3 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.
U.S.
More U.S.
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.
2 homeless people killed, another 3 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.
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.
Quadruple amputee shares story of persevering to become pilot
"My wife will tell you, I'm a little bit hard-headed," Zach Anglin said.
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.
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
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.
Former Olympic swimmer sentenced to 3 years probation for role in Jan. 6 riot
In 2021, Klete Keller pleaded guilty to felony obstruction of an official proceeding.
DeSantis-Newsom debate has sudden end, just after Hannity announces extension
Fox News debate moderator Sean Hannity had just announced the debate between Govs. Newsom and DeSantis would continue — and then said minutes later they couldn't stay after all.
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
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.
Taylor Swift attends premiere for "RENAISSANCE: A Film By Beyoncé"
Beyoncé attended a star-studded premiere in London with guests such as Taylor Swift, who debuted her own concert film earlier this year and received support from Beyoncé.
Zelenksyy laments slow progress, but vows Ukraine "not backing down"
Ukrainian leader Volodymyr Zelenskyy says a lack of necessary weapons from allies is partly to blame for the slow progress in his country's counteroffensive against Russia.
Entertainment
More Entertainment
Taylor Swift attends premiere for "RENAISSANCE: A Film By Beyoncé"
Beyoncé attended a star-studded premiere in London with guests such as Taylor Swift, who debuted her own concert film earlier this year and received support from Beyoncé.
Judge hears Hall and Oates legal battle
In a legal battle between one of pop music's most iconic duos, Hall and Oates, a judge has sided with Daryl Hall's request to temporarily block his former parter, John Oates, from selling his share of the group's business partnership. CBS News' Vlad Duthiers has more.
Never Too Late: Anthony Mason writes a song
After decades of interviewing artists about the craft of songwriting, CBS News' Anthony Mason wanted to try it for himself. In the latest installment of Never Too Late, Mason enlists Grammy winners Natalie Hemby and Mike Elizondo to help him write his very first song.
Shane MacGowan, longtime frontman of The Pogues, dies at 65
Singer-songwriter Shane MacGowan, the longtime front-man of The Pogues, died at the age of 65 surrounded by loved ones in Ireland, his family said.
Lily Gladstone on "Killers of the Flower Moon"
Lily Gladstone stars as Mollie Burkhart in Martin Scorsese's acclaimed film "Killers of the Flower Moon," an Apple Original Film, which is distributed by Paramount Pictures, a division of CBS News' parent company Paramount Global. She joins "CBS Mornings" to discuss the responsibility she felt making the movie as a Native American woman, working with Hollywood legends and the Oscar buzz surrounding her work.
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.
Elon Musk lashes out at advertisers
In a live interview with The New York Times Wednesday, Elon Musk accused advertisers leaving X of trying to blackmail him. CBS News senior business and tech correspondent Jo Ling Kent has more.
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.
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
2 homeless people killed, another 3 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.
Did the embarrassment of home foreclosure lead to murder?
Prosecutors say a man staged his wife's death 24 hours before they were expected to be evicted from their home to save himself from shame.
Derek Chauvin was stabbed 22 times in federal prison attack, charges say
The U.S. Attorney's Office identified the alleged perpetrator as 52-year-old John Turscak. He now faces charges of attempted murder, assault with intent to commit murder, assault with a dangerous weapon, and assault resulting in serious bodily injury.
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
KISS to hold final concert Saturday
Legendary rock band KISS will hold its final concert Saturday in New York. Smith College music professor Steve Waksman joins CBS News to dive into the group's 50-year history.
Why Reagan chose O'Connor for Supreme Court
Sandra Day O'Connor, the Supreme Court's first woman justice, died Friday at 93 years old. Evan Thomas, a biographer of the former justice, joins CBS News to discuss O'Connor's legacy.
White House: No comment on NYT Israel report
The White House is not commenting on a New York Times report that says Israel obtained a battle plan for the Oct. 7 Hamas terror attack more than a year before it happened. Ret. Army Maj. Mike Lyons joins CBS News to unpack the report's implications.
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.
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.