Homes "unaffordable" in 99% of nation for average American
Home prices have jumped so much that Americans must pay a third of their income on housing, according to one study.
MoneyWatch
Latest News
Trump says Mar-a-Lago is worth $1.8B, but his company hasn't always agreed
Trump might think Mar-a-Lago is worth $1.8 billion, but in 2020, his own company said the Palm Beach appraiser was right. That year, the county valued Mar-a-Lago at $27 million.
"Child care cliff" could lead to pain for millions of families
As many as 70,000 child care centers are at risk of closing without the federal aid, while parents could face higher costs, experts say.
Costco is selling gold bars, and they're selling out within hours
Costco said it's now selling 1-ounce gold bars, but can't keep them in stock because of strong demand.
Yelp sues Texas to keep crisis pregnancy center description labels
Yelp is suing to defend how it labels crisis pregnancy centers to indicate that they do not provide abortions.
Fraud ruling could topple Donald Trump's New York business empire
Judge's ruling could strip Donald Trump of his authority to make strategic and financial decisions over some of his key properties in the state.
After pharmacists walk out, CVS vows to improve working conditions
CVS Health pharmacists are being run ragged by insufficient staff and corporate quotas that jeopardize patient safety, protest organizers claim.
Who polices cross-market hospital mergers? States differ on answers.
Hospitals are merging across separate markets within states, resulting in higher patient bills with no improvement in care, evidence shows.
Kia and Hyundai recall 3.3 million cars, tell owners to park outside
Kia and Hyundai are advising motorists to park affected models outside after a rash of fires linked to faulty brakes.
Managing Your Money
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Do you need long-term care insurance?
Long-term care insurance can be beneficial for many seniors. Here's know to know if you need it, too.
3 things to do while interest rates are paused (and 3 things to avoid)
With interest rates paused at the moment, there are some smart moves to make now ... and some to definitely avoid.
How quickly can you close on a home equity loan?
If you need funds from a home equity loan sooner rather than later, it can help to know how quickly you can close.
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
Amazon invests $4 billion in AI startup known for ChatGPT rival Claude
Anthropic will use Amazon's cloud services and machine-learning chips to train and deploy its ChatGPT rival, Claude.
iPhone 15 demand beats expectations, as fans worldwide line up to buy
Consumers are snatching up the iPhone 15 as they look to swap their old devices for something newer and more powerful, analysts said.
How the AI revolution is different: It threatens white-collar workers
Emerging forms of artificial intelligence could displace a range of "knowledge workers," new analysis finds.
Apple iOS 17: What it offers and how to get it
Apple's newest software update brings several new features to iPhones, including Standby mode and live voicemail transcribing.
Rack up charges playing Fortnite? You may be able to claim a refund.
The FTC is alerting 37 million people that they may qualify for a refund under a federal settlement with Fortnite-maker Epic Games.
iPhone 15: 4 things the new iPhone can do that your old one can't
Apple's latest smartphone looks much like its predecessors, but has some useful new features the others don't.
France bans iPhone 12 sales over high radiation-emission levels
It's unclear why the phone, released in 2020, didn't pass the agency's latest tests and why it was only that particular model.
TikTok officially debuts TikTok Shop to U.S. consumers
The in-app marketplace allows TikTok users to purchase beauty items, clothes and other goods featured in videos.
Apple unveiled the iPhone 15. Here's what you'll get for your money
The new iPhones will be available for pre-order on September 15, and for sale in stores on September 22.
Latest News
Trump says Mar-a-Lago is worth $1.8B, but his company hasn't always agreed
Trump might think Mar-a-Lago is worth $1.8 billion, but in 2020, his own company said the Palm Beach appraiser was right. That year, the county valued Mar-a-Lago at $27 million.
GOP-led House panels subpoena Hunter Biden and James Biden records
House Republicans subpoenaed the personal and business banking records of President Biden's son and brother.
Federal agencies detail impact of shutdown with deadline fast approaching
Among them: Department of Homeland Security says almost 3/4 of its workers would be kept on the job with their pay delayed.
Suicide bomber kills dozens near mosque in Pakistan
Pakistan's Interior Minister condemned the "heinous act" after a suicide bomber killed dozens of people gathering near a mosque for a religious procession.
Conservative donors ramp up efforts to urge Youngkin to run for president
Former Attorney General Bill Barr told Costa, that if Virginia Gov. Glenn Youngkin were to run, "I believe he would draw serious support and be a strong candidate."
China investing heavily in disinformation, surveillance, report says
China "appears to have calculated that it can more aggressively pursue its interests via information manipulation," a new State Department report says.
End of an era: Last Netflix DVDs being mailed out Friday
The once-iconic DVD-by-mail service obliterated Blockbuster video stores and provided a springboard into video streaming that's transformed entertainment.
Cantaloupes sold in 19 states recalled due to risk of salmonella
Eagle Produce, based in Scottsdale, Arizona, is doing a voluntary recall of 6,456 cases of whole cantaloupe after the fruits were tested in a distribution center by the FDA.
1 wounded in shooting at protest over statue of Spanish conquistador
The shooting occurred during a protest over a plan to redisplay a statue of controversial Spanish conquistador Juan de Oñate in Española, New Mexico.
U.S.
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Your alma mater can impact your pay. Here are the top colleges for earnings.
Americans are growing increasingly skeptical of the value of college, but some alums are pulling in close to $200,000 a year a decade after graduating.
GOP-led House panels subpoena Hunter Biden and James Biden records
House Republicans subpoenaed the personal and business banking records of President Biden's son and brother.
Democratic officials urge leaders to denounce No Labels in internal email
"We need to do everything we can to stop this effort NOW, and not wait until they name a ticket and this becomes a runaway train," a Democratic Party official in Utah said in an email obtained by CBS News.
1 wounded in shooting at protest over statue of Spanish conquistador
The shooting occurred during a protest over a plan to redisplay a statue of controversial Spanish conquistador Juan de Oñate in Española, New Mexico.
Missing Kansas cat found in Colorado and reunited with owners after 3 years
The unlikely reunion happened when an animal shelter in Durango, Colorado, worked to track down the microchipped cat's owner after finding her on a road in a nearby town.
MoneyWatch
More MoneyWatch
Your alma mater can impact your pay. Here are the top colleges for earnings.
Americans are growing increasingly skeptical of the value of college, but some alums are pulling in close to $200,000 a year a decade after graduating.
End of an era: Last Netflix DVDs being mailed out Friday
The once-iconic DVD-by-mail service obliterated Blockbuster video stores and provided a springboard into video streaming that's transformed entertainment.
Tesla sued by EEOC for allegedly racist and hostile work environment
Black workers were called "boy" and "monkey," a U.S. Equal Employment Opportunity Commission lawsuit claims.
Trump says Mar-a-Lago is worth $1.8B, but his company hasn't always agreed
Trump might think Mar-a-Lago is worth $1.8 billion, but in 2020, his own company said the Palm Beach appraiser was right. That year, the county valued Mar-a-Lago at $27 million.
Yelp sues Texas to keep crisis pregnancy center description labels
Yelp is suing to defend how it labels crisis pregnancy centers to indicate that they do not provide abortions.
Politics
More Politics
GOP-led House panels subpoena Hunter Biden and James Biden records
House Republicans subpoenaed the personal and business banking records of President Biden's son and brother.
Democratic officials urge leaders to denounce No Labels in internal email
"We need to do everything we can to stop this effort NOW, and not wait until they name a ticket and this becomes a runaway train," a Democratic Party official in Utah said in an email obtained by CBS News.
China investing heavily in disinformation, surveillance, says new report
China "appears to have calculated that it can more aggressively pursue its interests via information manipulation," a new State Department report says.
Rep. Peltola's husband was hauling moose meat, antlers when plane crashed
Eugene Peltola Jr. died when his plane ferrying moose meat and antlers crashed shortly after takeoff in Alaska on Sept. 12.
Conservative donors ramp up efforts to urge Youngkin to run for president
Former Attorney General Bill Barr told Costa, that if Virginia Gov. Glenn Youngkin were to run, "I believe he would draw serious support and be a strong candidate."
HealthWatch
More HealthWatch
After pharmacists walk out, CVS vows to improve working conditions
CVS Health pharmacists are being run ragged by insufficient staff and corporate quotas that jeopardize patient safety, protest organizers claim.
COVID vaccine during pregnancy helps protect newborns, new study finds
The findings are just the latest to show benefits from COVID vaccination during pregnancy.
Who polices cross-market hospital mergers? States differ on answers.
Hospitals are merging across separate markets within states, resulting in higher patient bills with no improvement in care, evidence shows.
FDA panel votes against experimental ALS treatment pushed by patients
Federal health advisors voted 17-1 against an experimental treatment for Lou Gehrig's disease dubbed NurOwn, although the FDA is not bound by the vote.
Florida man is bitten by a rabid otter. How is rabies treated?
After the attack in Jupiter, Florida, animal control picked up the otter and it tested positive for rabies, a disease that can be fatal. Here's how it is handled.
World
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Suicide bomber kills dozens near mosque in Pakistan
Pakistan's Interior Minister condemned the "heinous act" after a suicide bomber killed dozens of people gathering near a mosque for a religious procession.
China investing heavily in disinformation, surveillance, says new report
China "appears to have calculated that it can more aggressively pursue its interests via information manipulation," a new State Department report says.
"Critical state": Swiss glaciers lose 10% of their volume in 2 years
Switzerland's alpine glaciers have lost as much ice in 2 years as they did in the 30 leading up to 1990, a sign of the climate's "critical state," one scientist says.
Police raids across Germany as decades-old neo-Nazi group is banned
Germany's Interior Minister called Artgemeinschaft "deeply racist and antisemitic" and accused it of trying "to raise new enemies of the constitution."
Family looking for lost earring instead finds Viking-era burial treasures
The family was looking for a lost gold earring in their garden, but instead they found artifacts dating back more than 1,000 years, officials said.
Entertainment
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End of an era: Last Netflix DVDs being mailed out Friday
The once-iconic DVD-by-mail service obliterated Blockbuster video stores and provided a springboard into video streaming that's transformed entertainment.
A look back at one of the most iconic photographs in hip-hop history
On a September day in 1998, 177 of the greatest artists in hip-hop gathered together on a city block in Harlem.
Recalling one of the most iconic photos in music
On a September day in 1998, 177 of the greatest artists in hip-hop gathered together on a city block in Harlem for what would be one of the most iconic moments in music history. Jericka Duncan has more.
Actor Michael Gambon dies at 82
Acclaimed British actor Michael Gambon, known to millions for playing the character of Dumbledore in the "Harry Potter" films, has died at the age of 82 after contracting pneumonia.
Top 10 internet creators, according to Forbes
Forbes has released its list of top creators – 50 internet personalities who have earned an estimated $700 million combined. Here's how much the top 10 earned.
Technology
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Technology
OpenAI's ChatGPT gets new advancements
ChatGPT has become even more advanced in its ability to inform and interact with users. OpenAI confirmed Wednesday the artificial intelligence-powered system can now browse the internet to provide users with the most up-to-date information when previously it only used data up to September 2021. OpenAI also announced this week that ChatGPT can now "see, hear, and speak" with users through newly rolled-out features. Kyle Wiggers, senior enterprise reporter at TechCrunch, joined CBS News to talk about the updates.
Google antitrust trial enters third week
The government's antitrust case against Google is now entering its third week, but efforts by the tech giant to close off testimony to the public are raising questions about transparency in the Justice Department's biggest monopoly trial in more than 20 years. Nico Grant, a technology reporter at the New York Times, joined CBS News to discuss the case.
Google antitrust trial enters third week
The government's antitrust case against Google is now entering its third week, but efforts by the tech giant to close off testimony to the public are raising questions about transparency in the Justice Department's biggest monopoly trial in more than 20 years. Nico Grant, a technology reporter at the New York Times, joined CBS News to discuss the case.
GameStop appoints Chewy founder Ryan Cohen as chief executive
The billionaire will not receive compensation for serving as the company's president, CEO and chairman, GameStop said.
Meta rolls out new AI, VR technologies
Meta CEO Mark Zuckerberg kicked off the tech giant's developer conference Wednesday, saying the company is focused on virtual and augmented reality as well as artificial intelligence technologies. Notable new additions include an AI personal assistant people can interact with using any of Meta's messaging apps. Will Knight, senior writer at Wired, joined CBS News to discuss the conference and what happened to Threads.
Science
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Family looking for lost earring instead finds Viking-era burial treasures
The family was looking for a lost gold earring in their garden, but instead they found artifacts dating back more than 1,000 years, officials said.
Scientists take step toward "being able to resurrect extinct species"
"People didn't think it could really be done," Marc Friedländer, an associate professor in molecular biology at Stockholm University, told CBS News.
Scientists recover RNA from extinct species
For the first time, scientists in Sweden have analyzed an extinct animal's RNA. They're studying the Tasmanian tiger which has been extinct since the 1930s. Marc Friedländer, associate professor in molecular biology at Stockholm University, joins CBS News to discuss what the breakthrough means for science.
Tropical storm warnings along East Coast
What could soon be Tropical Storm Ophelia is moving closer to the U.S. East Coast, the National Hurricane Center said, and a tropical storm warning is in effect from Cape Fear, North Carolina, to Fenwick Island, Delaware. CBS News Baltimore's Janay Reece has an update on how locals there are preparing for the storm. And Lynette Charles, meteorologist for The Weather Channel, has a forecast for where the storms could be most severe.
Wildfire smoke reversing U.S. air improvement
Since 2016, wildfire smoke in the U.S. has reversed roughly 25% of air quality improvements made from the 2000 Clean Air Act, according to a new study published in the journal Nature. That figure doubles to roughly 50% when looking specifically at the impact on many western states. For more on this, CBS News was joined by Marshall Burke, an associate professor at Stanford's Doerr School of Sustainability and a co-author of the study.
Crime
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Feds: Man hauled more than 30 pounds of fentanyl through NYC subway
Investigators say they've uncovered yet another drug mill in the Bronx, again involving fentanyl.
1 wounded in shooting at protest over statue of Spanish conquistador
The shooting occurred during a protest over a plan to redisplay a statue of controversial Spanish conquistador Juan de Oñate in Española, New Mexico.
New Mexico protester shot; suspect arrested
A suspect has been arrested in a shooting that wounded a protester Thursday in Española, New Mexico. The protest was against a planned monument for a Spanish conquistador.
Feds: Man carried 40 pounds of fentanyl on subway
A suspect accused of running a drug mill out of a Bronx apartment was arrested Tuesday after authorities said he rode on the New York City subway with 40 pounds of fentanyl. Lilia Luciano has more.
Suspect captured in murder of Baltimore tech CEO
A convicted felon and registered sex offender suspected in the Baltimore murder earlier this week of Pava LaPere, a co-founder and CEO for the tech company EcoMap, was captured Wednesday at a train station outside Baltimore, authorities said. Nicole Sganga has the latest.
Space
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Space
Investigating space tourism safety regulation
As new space tour companies change the way we can see our world, a moratorium on spaceflight regulation and participant safety has come to the forefront. In the latest CBS Reports documentary, Mark Strassmann takes a close look at the next great leap for humankind -- and whether regulators and industry stakeholders are striking the right balance between encouraging innovation and ensuring safety.
3 space station crew members back on Earth after U.S.-record year in space
Descent from the International Space Station closed out an unexpected 371-day stay, the longest flight in U.S. space history.
How to see the harvest supermoon
September's full moon, also known as the harvest moon, will be the last of four consecutive supermoons.
NASA astronaut closing out record-setting yearlong space station flight
NASA astronaut Frank Rubio is finishing up the longest single flight in U.S. space history at 371 days.
Why NASA retrieved samples from an asteroid
NASA is celebrating the successful end of a 7-year, $1 billion mission to collect and return a sample from the asteroid Bennu. CBS News' Mark Strassmann has more on the mission. And Derrick Pitts, chief astronomer at the Franklin Institute, joined CBS News to discuss the significance of the samples.
Latest Galleries
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The crime scene evidence that convicted Alex Murdaugh
Inside South Carolina's "trial of the century" — how investigators built their case
Young witness found herself at the scene of a crime
What Angelina Fernandes saw the night her mother was accused of murder.
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.
Chandler Halderson case: An inside look
How prosecutors made the case that the Wisconsin man killed his parents Bart and Krista Halderson in July 2021.
Crime scene photos: NYC sledgehammer attack
On Nov. 11, 2012, Jake Nolan accompanied his psychiatrist cousin to a NYC Home Depot where she purchased a sledgehammer; 24 hours later, it became a key piece of evidence in a crime that ended with Nolan and her ex-lover in the hospital.
Latest Videos
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Latest Videos
Space Tourism: The Next Great Leap | CBS Reports
In the aftermath of the Titan submersible tragedy, extreme travel has come under fresh scrutiny. But one industry stands out for both its allure and the lack of regulation protecting participants' safety: space tourism. CBS Reports explores the next great leap for humankind and whether regulators and industry stakeholders are striking the right balance between encouraging innovation and ensuring safety.
Starbucks: Brewing Innovation, Nurturing Human Connection
How the global leader in coffee remains more relevant than ever.
Study: Chronic school absences on the rise
Chronic absences in U.S. schools have nearly doubled compared to pre-pandemic levels, according to a recent Stanford University study. Professor Thomas Dee, who authored the study, joins CBS News to discuss possible causes behind the spike and what can be done about it.
GOP candidates step up attacks on Trump
Seven Republican presidential hopefuls took aim at former President Donald Trump for skipping Wednesday night's debate as they made their case for the Oval Office. CBS News senior White House and political correspondent Ed O'Keefe has the analysis.
House GOP subpoenas Biden family bank records
Republicans on the House Oversight Committee have subpoenaed the banking records of President Biden's son and brother -- Hunter and James Biden. The subpoenas request all documents or communications in the bank's possession from the beginning of 2014 to now. Criminal defense attorney Joseph Tully joins CBS News to unpack the move.