Here are the most and least affordable major cities in the world
Four major cities in California were included in a Chapman University study of housing affordability around the world.
Affordable Housing
How housing market could impact election
President Biden and former President Donald Trump have talked about the high cost and supply of housing on the campaign trail. Some voters in key swing states say it will be a factor in how they vote this fall.
Home prices reach $387,600 record high, putting a damper on spring
Continued demand and lack of inventory are driving up the prices of homes at a time when mortgage rates are also climbing.
Students experiencing homelessness speak out
College can be stressful with studying and meeting deadlines, but some students are struggling with a different issue: housing. Federal data shows more than 1.5 million U.S. college students are homeless. CBS News producer Sarah Svoboda shows how some California State University students are dealing with it.
The federal government can do more about home costs than you think
The cost to buy a home is historically high, but Congress and the administration can do much more, experts say.
How immigration contributes to job growth
A new study by the Brookings Institution examines the role immigration has played in allowing the U.S. job market to grow faster without stoking inflation. Betsey Stevenson, professor of public policy and economics at the University of Michigan, joins CBS News to explain how migrants contribute to job growth and U.S. demand.
Presidential candidates address housing costs
Data from the Federal Reserve shows price indexes for homes and rents are up nearly 50% compared to before the pandemic. Jeanna Smialek, Federal Reserve and U.S. economy reporter for The New York Times, joins CBS News to examine how much a president can do to curb prices.
Record number of Americans are homeless amid nationwide rent surge
Rents over the last two decades have risen much faster than employee pay, contributing to an escalating homelessness crisis in the U.S.
Rents fall nationwide for third straight month as demand cools
Rent across the U.S. is dipping as vacancies rise and property managers struggle to fill homes, new data shows.
Shelter costs contribute to inflation bump
New data from the Labor Department shows inflation rose slightly to 3.4% in December. Morning Consult economist Sofia Baig joins CBS News to explain what's behind the numbers.
Most home listings unaffordable for typical earner in 2023, report finds
A new analysis of listings in 97 of the most populous U.S. metropolitan areas found that just 15.5% of homes for sale last year were affordable for the typical household.
Los Angeles mayor works to tackle city's homelessness crisis
Los Angeles is home to about 46,000 people who are considered homeless, but Mayor Karen Bass is working to change that.
Economy is a 2024 election top voter priority
The economy is the issue voters most care about when thinking ahead to the 2024 presidential elections, according to a CBS News poll. CBS News correspondent Lana Zak met with Georgia voters who are divided on the state of the economy.
What the Fed's rate decision this week could mean for mortgage rates
With mortgage rates topping 8%, some home buyers are hoping to see some relief with the Federal Reserve's next decision.
Mortgage rates touch 8% for the first time since 2000
The average rate for a 30-year home loan crossed the 8% threshold this week, deepening the affordability crisis for homebuyers.
Mortgage rates haven't been this high since 2000
The average interest rate on a typical mortgage is now 7.49%, worsening the nation's housing affordability crunch.
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.
Rents are falling more slowly in U.S. suburbs than in cities
Americans flocked to suburban areas during the pandemic — one of several reasons why rent increases there have outpaced urban areas.
Home costs rise on East Coast, fall in West
The nation's housing prices are seeing their first year-over-year decline since 2012. That decline, however, was not felt across the board. While prices fell in cities like Seattle, San Francisco and Las Vegas, home buyers in places like Miami, Chicago and Atlanta were asked to pay more. Wall Street Journal housing reporter Nicole Friedman joins CBS News to break down what's going on in the housing market.
Illinois city becomes haven for LGBTQ community
Housing prices have made home ownership for many young LGBTQ+ Americans feel out of reach. But in Peoria, Illinois, the affordable housing and welcoming community have helped many buck that trend. Lilia Luciano has the story.
Home prices fall for 7th straight month
New data shows that U.S. home prices fell 0.2% in January, the seventh consecutive month prices have gone down. Jason Lewris, the co-founder and head of Parcl Labs, joins CBS News's Errol Barnett and Lana Zak to discuss where prices are falling fastest and what to expect in the coming months, as the Federal Reserve may continue its interest rate hikes.
Difficult economy and loneliness forces some retirees to move in with family
An estimated 60 million Americans live in households with two or more adult generations, according to numbers from the Pew Research Center.
Can NYC turn underused offices into housing?
New York City Mayor Eric Adams wants to convert underused office space into new housing. Dan Garodnick, the director of the New York City Department of City Planning and chair of the City Planning Commission, joined John Dickerson on "Prime Time" to discuss the mayor's plan.
Some real estate markets cooling as mortgage rates hit 20-year high
The average rate on a 30-year fixed-rate mortgage now sits at 6.92%, the highest it has been since 2002.
Nehemiah: Making the American Dream possible for first-time homeowners
A program organized more than 40 years ago by East Brooklyn churches helped build a community within a destitute neighborhood, and has since enabled hundreds of first-time homeowners to build equity - and hope for the future.
Live
House clears key hurdle before final vote on funding package
The House voted to adopt a rule for a massive funding package, teeing up a vote on final passage later in the afternoon. Follow live updates here.
Blood found inside home of Savannah Guthrie's mother, source says
Investigators are combing through the house of "Today" show co-host Savannah Guthrie's mother, Nancy, in search of clues to the 84-year-old's disappearance.
Clintons will testify in Epstein probe after contempt threat, House panel says
Hillary Clinton will appear for a deposition on Feb. 26, while former President Bill Clinton will appear on Feb. 27, according to the House Oversight Committee.
Jill Biden's ex-husband charged with murder of his 2nd wife, police say
The man whom Jill Biden divorced for the eventual 46th President of the United States is now in jail on murder charges.
First on CBS
Jane Doe in R. Kelly's sex tape speaks in first TV interview
Reshona Landfair, known as Jane Doe during R. Kelly's 2022 trial, speaks to "CBS Mornings" for her first TV interview about her new memoir.
Lindsey Vonn says she'll compete in Olympics despite ACL injury
Lindsey Vonn, 41, said she ruptured her left anterior cruciate ligament, or ACL, but that she was still planning to compete.
Texas GOP sounds alarm after Dem victory: "Cannot take anything for granted"
In a state Senate race in Fort Worth's Tarrant County, Democrat Taylor Rehmet defeated Republican Leigh Wambsganss by 14 points — a 30-point swing from President Trump's results in 2024.
U.S. tanker reportedly approached by Iranian gunboats in Strait of Hormuz
A U.S.-flagged tanker heading for Bahrain was approached and threatened by Iranian gunboats in the Strait of Hormuz, a British maritime security firm says.
Consumer Reports' top 10 vehicles for 2026 — see which cars made the list
For the first time, the top 10 cars on Consumer Reports' annual list of best new vehicles also include electric or hybrid models.
U.S.
More U.S.
Clintons will testify in Epstein probe after contempt threat, House panel says
Hillary Clinton will appear for a deposition on Feb. 26, while former President Bill Clinton will appear on Feb. 27, according to the House Oversight Committee.
House committee report accuses DHS of Good, Pretti killings cover-up
The Democratic members of a U.S. House committee have released the findings of a report examining last month's fatal shootings in Minneapolis by federal immigration officers.
PepsiCo cuts prices of Cheetos, Doritos and other snacks
PepsiCo said the price cuts are aimed at making its products more affordable as consumers struggle with affordability.
Blood found inside home of Savannah Guthrie's mother, source says
Investigators are combing through the house of "Today" show co-host Savannah Guthrie's mother, Nancy, in search of clues to the 84-year-old's disappearance.
NASA begins mission to map the boundaries of our heliosphere
A NASA mission is underway to map the heliosphere, which is a huge protective bubble around the solar system that was created by the sun.
MoneyWatch
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PepsiCo cuts prices of Cheetos, Doritos and other snacks
PepsiCo said the price cuts are aimed at making its products more affordable as consumers struggle with affordability.
Disney names parks chief Josh D'Amaro to succeed CEO Bob Iger
Josh D'Amaro, who oversees Disney theme parks and dozens of resort hotels worldwide, will become the next Disney CEO.
Consumer Reports' top 10 vehicles for 2026 — see which cars made the list
For the first time, the top 10 cars on Consumer Reports' annual list of best new vehicles also include electric or hybrid models.
Want to see Super Bowl 2026 commercials early? These ads are already live.
Many Super Bowl 60 ads are already online, along with teasers for commercials that will be unveiled during the NFL championship on Feb. 8.
United is upgrading its computers. Here's how that could impact travelers.
Starting early Wednesday, United customers won't be able to book flights and access other services as the airline upgrades its reservation system.
Politics
More Politics
Clintons will testify in Epstein probe after contempt threat, House panel says
Hillary Clinton will appear for a deposition on Feb. 26, while former President Bill Clinton will appear on Feb. 27, according to the House Oversight Committee.
Texas GOP sounds alarm after Dem victory: "Cannot take anything for granted"
In a state Senate race in Fort Worth's Tarrant County, Democrat Taylor Rehmet defeated Republican Leigh Wambsganss by 14 points — a 30-point swing from President Trump's results in 2024.
House committee report accuses DHS of Good, Pretti killings cover-up
The Democratic members of a U.S. House committee have released the findings of a report examining last month's fatal shootings in Minneapolis by federal immigration officers.
Trump says his administration is seeking $1 billion in talks with Harvard
President Trump says his administration is seeking $1 billion in damages from Harvard University after a published report said the school had won some concessions in ongoing settlement negotiations with the government.
Live
House clears key hurdle before final vote on funding package
The House voted to adopt a rule for a massive funding package, teeing up a vote on final passage later in the afternoon. Follow live updates here.
HealthWatch
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5 ways to find affordable care without health insurance
Many Americans are expected to lose ACA or Medicaid coverage in the coming months and years, but doctors and researchers say there are still ways to find affordable care.
When health insurance costs more than the mortgage
As health care costs skyrocket and federal lawmakers pull back help on ACA insurance premiums, more middle-income families are facing tough choices on health care.
Extended Interview: Mel Robbins
In this web exclusive, author and podcaster Mel Robbins talks with Norah O'Donnell about "The Let Them Theory."
Book excerpt: "The Let Them Theory" by Mel Robbins
In her latest bestseller, the motivational speaker discusses how personal growth is only possible when you stop pouring energy into things you cannot control – which includes changing other people.
A cop thought he had a muscle cramp. He ended up fighting for his life.
Sgt. Chris Johnson was told that his heart condition had nearly been "instantly fatal." Rapid medical care and rigorous therapy helped him recover.
World
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Teen from Alabama among 3 junior hockey players killed in Canada crash
Caden Fine, 17, from Birmingham, Alabama, and two of his teammates were killed when their vehicle collided with a semi-truck in Canada.
U.S. tanker reportedly approached by Iranian gunboats in Strait of Hormuz
A U.S.-flagged tanker heading for Bahrain was approached and threatened by Iranian gunboats in the Strait of Hormuz, a British maritime security firm says.
Boy swims 2.5 miles to save family swept out to sea: "Superhuman"
"The waves are massive and I have no life jacket on. … I just kept thinking 'just keep swimming, just keep swimming,'" Austin Appelbee said.
X office in Paris searched as prosecutor summons Musk for questioning
French officials search X's office in Paris and ask Elon Musk to answer questions about the platform amid a probe into its algorithms and AI functions.
Trump lowers tariffs on India, saying Modi agreed to stop buying Russian oil
President Trump announced that he and Indian Prime Minister Narendra Modi have agreed to a trade deal that will lower tariffs and halt India's purchase of Russian oil.
Entertainment
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Entertainment
Activists on inspiring next generation
Activist Gloria Steinem, who has fought for the rights of every woman, is on a mission to inspire the next generation. She is collaborating with Nobel Peace Price laureate Leymah Gbowee, who helped end the civil war in Liberia, on a new children's book. They talk to "CBS Mornings" about their experiences in their fight for equality and deciding to collaborate.
Westminster dog show winners on preparation
Three former winners of the Westminster Kennel Club Dog Show and their handlers join "CBS Mornings" ahead of this year's Best in Show title being awarded Tuesday. They talk about how they prepared to compete and what retirement is like now.
Disney names parks chief Josh D'Amaro to succeed CEO Bob Iger
Josh D'Amaro, who oversees Disney theme parks and dozens of resort hotels worldwide, will become the next Disney CEO.
Goodell on Bad Bunny halftime performance
NFL commissioner Roger Goodell spoke Monday about this year's Super Bowl halftime performer, Bad Bunny, following the artist's message about ICE at the Grammy Awards on Sunday. Goodell said the halftime performance is "used to unite people" and added, "I think Bad Bunny understands that and I think he'll have a great performance."
Voice behind Three Dog Night's "Joy to the World," Chuck Negron, dies at 83
Chuck Negron, a founding member of Three Dog Night whose lead vocals powered a string of hits for one of the top rock acts of the late 1960s and early '70s has died. He was 83.
Technology
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Technology
AI agents are using a social media platform
Moltbook, a social media platform for AI agents to interact, is growing. The Verge senior AI reporter Hayden Field joins CBS News with more details.
Inside the new social media platform for AI
Moltbook was launched last week by a software developer and mirrors the template of Reddit, but it's not for humans. Instead, it allows artificial intelligence agents to post written content and interact with other chatbots through comments, up-votes and down-votes. Tyler Cowen, professor of economics at George Mason University, joins CBS News to discuss.
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.
Alarming report on Amazon AI training
A new report from Bloomberg says Amazon found hundreds of thousands of cases of suspected child sex abuse material in its AI training data. Bloomberg tech reporter Riley Griffin joined CBS News to discuss.
How the gramophone changed music
While Thomas Edison's cylinders were the first to play recorded sound, they were impractical – leading Emile Berliner to come up with a better way to play music: The gramophone, invented in 1887, which played flat discs. Jane Pauley reports.
Science
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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.
Cow develops technique to scratch herself
"CBS Saturday Morning" learns more about Veronika, the clever cow who figured out multiple ways to scratch herself with a broom. It was the first time a cow was seen using a tool.
Almanac: January 18
"Sunday Morning" looks back at historical events on this date.
Fossils found at Dinosaur National Monument, first excavation in 100 years
The Dinosaur National Monument, which is located on the border between Colorado and Utah, was last excavated in 1924.
Crime
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Jill Biden's ex-husband charged with murder of his 2nd wife, police say
The man whom Jill Biden divorced for the eventual 46th President of the United States is now in jail on murder charges.
House committee report accuses DHS of Good, Pretti killings cover-up
The Democratic members of a U.S. House committee have released the findings of a report examining last month's fatal shootings in Minneapolis by federal immigration officers.
Jane Doe in R. Kelly case speaks out
Reshona Landfair, who testified as Jane Doe in R. Kelly's 2022 federal trial in Chicago, tells CBS News' Jerick Duncan that the release of the 2019 docuseries "Surviving R. Kelly" was a pivotal moment in her life. Duncan joins CBS News 24/7 Mornings with more.
Latest details of Nancy Guthrie investigation
The Pima County Sheriff's Department is holding a news conference on Tuesday afternoon over the disappearance of Savannah Guthrie's 84-year-old mother, Nancy, which authorities believe was an abduction. A little bit of blood was found at Guthrie's home, sources told CBS News. Andres Gutierrez has the latest.
Blood found inside home of Savannah Guthrie's mother, source says
Investigators are combing through the house of "Today" show co-host Savannah Guthrie's mother, Nancy, in search of clues to the 84-year-old's disappearance.
Space
More Space
NASA begins mission to map the boundaries of our heliosphere
A NASA mission is underway to map the heliosphere, which is a huge protective bubble around the solar system that was created by the sun.
NASA moon launch off until March due to issues during tests
NASA says it can't try until March at the earliest to send a crewed spacecraft on a flight around the moon and back, due to hydrogen leaks during testing of the Artemis II rocket.
Inside NASA's Artemis II mission
Artemis II echoes the Apollo-era missions that paved the way for the first moon landing — and sets the stage for what comes next.
After more than 50 years, NASA astronauts are going back to the moon
More than 50 years after NASA's last human mission to the moon, four astronauts, three Americans and a Canadian, are set for the 10-day Artemis II mission to the far side of the moon.
Moon rocket fueling test on tap to clear way for launch
If the countdown and fueling test go well, four astronauts will set their sights on a Super Bowl Sunday launch to the moon.
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
More Latest CBS News Videos
Latest CBS News Videos
Judge halts White House from revoking TPS
A federal judge blocked the Trump administration from ending Temporary Protected Status (TPS) for 350,000 Haitians. CBS News immigration correspondent Camilo Montoya-Galvez has more.
Democrats react to Trump's voting comments
Senate Minority Leader Chuck Schumer reacted to President Trump's latest comments urging Republicans to nationalize the U.S. voting process, calling it "outlandishly illegal." CBS News chief White House correspondent Nancy Cordes has more.
Minneapolis officials on ICE body cameras
Homeland Security Secretary Kristi Noem announced that immigration officials in Minneapolis will start wearing body cameras amid backlash from the killings of Renee Good and Alex Pretti. CBS News' Omar Villafranca has more.
Jane Doe in R. Kelly case speaks out
Reshona Landfair, who testified as Jane Doe in R. Kelly's 2022 federal trial in Chicago, tells CBS News' Jerick Duncan that the release of the 2019 docuseries "Surviving R. Kelly" was a pivotal moment in her life. Duncan joins CBS News 24/7 Mornings with more.
Snow drought reaches record levels in West
While some parts of the U.S. have received unusually high levels of snow this season, certain western states like Colorado are seeing record lows. CBS News national environmental correspondent David Schechter joins with more.