Mortgage rates starting to come down
Mortgage rates are finally starting to come down, which is giving some homeowners a bit of relief. But many looking to buy could still face unaffordable prices and a tight market. Elise Preston has more.
Watch CBS News
Mortgage rates are finally starting to come down, which is giving some homeowners a bit of relief. But many looking to buy could still face unaffordable prices and a tight market. Elise Preston has more.
Wall Street is increasingly jittery about the health of the U.S. economy. Here's what the experts say about the chances of a recession.
Donald Trump is not mincing his words when it comes to Minnesota Gov. Tim Walz joining the 2024 Democratic presidential ticket. In a campaign fundraising email circulated Tuesday, the former president said Walz would be "the worst VP in history." Danielle Alvarez, senior adviser to the Trump campaign, joins "America Decides" to discuss.
Fears of a U.S. recession appear to be easing Tuesday with most equities rallying after the stock market plunged on Monday. Martin Baccardax, senior editor and chief markets correspondent for TheStreet, joined CBS News to discuss the economy.
U.S. markets tumbled for a third consecutive trading day amid recession fears and tensions in the Middle East.
The stock market took a big slide Monday following a lackluster jobs report and growing fears of a recession in the next year. Jo Ling Kent breaks down what it all means.
Fears of a U.S. economic slowdown sent markets falling at the start of the trading week on Monday, with markets in Asia and Europe falling as well. CBS News senior business and tech correspondent Jo Ling Kent has more from New York.
Stocks plunged Monday amid fears that the U.S. is entering the early stages of a recession, with the Dow Jones falling 2.6 percentage points. CBS News senior business and tech correspondent Jo Ling Kent examines what's driving the global economic uncertainty.
When President Biden exited the 2024 race, CBS News polling had him trailing former President Donald Trump by five points. However, now that Vice President Harris is the presumed nominee, it's Harris with a one-point edge nationally and a tie across the battleground states. CBS News executive director of elections and surveys Anthony Salvanto breaks down the latest numbers.
Economic issues hit Sesame Street, as Cookie Monster takes to social media to complain his favorite food is getting smaller.
The Dow Jones Industrial Average tumbled more than 1,000 points Monday as stock markets worldwide dropped over fears of a downturn in the U.S. economy. CBS News contributor J.D. Durkin breaks down the latest numbers.
U.S. markets are taking a hit Monday with the Dow falling over 1,000 points to start the day and semiconductor stocks like Nvidia and Intel dipping over 7%. Overseas, Japan's market had the worst day in its history, dropping over 12%. CBS News contributor J.D. Durkin has more.
The U.S. economy may be slowing down. The Labor Department announced 114,000 jobs were added in July, which is below the average of 215,000 jobs per month. Meanwhile, the unemployment rate rose again for the fourth straight month.
The U.S. added just 114,000 jobs in July, below expectations, the Labor Department reported Friday, while the unemployment rate rose to 4.3%. Jo Ling Kent examines what is behind the slowdown.
The stock market plunged Friday after a weaker-than-expected July jobs report raised fears of a slowing economy. But should Americans actually be worried about the sell-off? CBS News contributor JD Durkin joins to discuss.
Disappointing July jobs data could bring about fears of a potential recession as Americans navigate a period of inflation in the U.S. economy. CBS News contributor Javier E. David breaks down the signals to look out for as the markets react to the latest numbers.
CEO Pat Gelsinger said the chipmaker will cut roughly 15,000 jobs as it moves to slash costs.
The Federal Reserve said Wednesday it is leaving its benchmark interest rate unchanged. The announcement means policymakers will hold the federal funds rate between 5.25 and 5.50%, the highest level in 23 years. Martin Baccardax, senior editor and chief markets correspondent for TheStreet, joins CBS News to examine the decision.
The Federal Reserve left the benchmark federal funds rate unchanged Wednesday. Experts still believe the Fed's September meeting could lead to cuts. CBS News business analyst Jill Schlesinger and CBS News contributor Javier David break down the decision.
The Federal Reserve will announce a decision Wednesday on potential interest rate cuts as inflation appears to cool. CBS News contributor Javier E. David has more on what economists expect.
Federal Reserve Chairman Jerome Powell will announce the agency's decision on interest rates Wednesday with cuts not yet expected. Jeanna Smialek, Federal Reserve and U.S. economy reporter for the New York Times, joined CBS News to discuss the Fed.
The U.S. national debt has surpassed $35 trillion for the first time. The financial hole is mounting quicker than most economists had predicted. David Wessel, senior fellow in economic studies at Brookings and director of the Hutchins Center on Fiscal and Monetary Policy, joins CBS News to assess the problem.
The rising costs of car insurance in the U.S. are contributing to an increased number of uninsured drivers, according to new data. Mark Friedlander, the communications director for the Insurance Information Institute, joins CBS News with more details on the costly trend.
Just 41% of Americans are comfortable with the amount of savings they currently have, but others have an issue finally using the money that they've socked away. One expert says over-saving can lead to other stresses.
A new Harvard study is checking in on how the U.S. is doing on economic mobility across race and class and examining which factors best predict success. The researchers discovered that earnings increased for white children in affluent families, but fell for those in poorer families. Benjamin Goldman, one of the study's authors, joins CBS News to unpack the findings.
Federal agents in Minneapolis shot and killed a 37-year-old man in south Minneapolis Saturday morning.
As millions of Americans hunker down for the winter storm, 18 states and Washington, D.C., have declared states of emergency.
Sens. Chris Murphy and Alex Padilla have spent the past two days calling colleagues to whip opposition to the DHS funding bill, according to a source familiar with the process.
The 37-year-old man killed by a federal officer in Minneapolis is identified by his family as Alex Jeffrey Pretti, an intensive care nurse who was "very upset with what was happening" in the ICE crackdown.
A man is dead after a shooting in Minneapolis on Saturday involving federal immigration agents from Customs and Border Protection. Here's what we know so far.
Minneapolis business owners and community members were among the crowd of protesters in sub-zero temperatures following the deadly shooting of 37-year-old Alex Pretti.
Canada this month negotiated a deal to lower tariffs on Chinese electric vehicles in return for lower import taxes on Canadian farm products.
More than 200 million people are under winter storm threats as officials brace for power outages and travel difficulties.
The talks are the first known instance that officials from the Trump administration have sat down with Russia and Ukraine.
Thursday marks a year since an Army Black Hawk helicopter collided in midair with an American Airlines plane. The NTSB is expected to rule on the probable cause.
Minneapolis business owners and community members were among the crowd of protesters in sub-zero temperatures following the deadly shooting of 37-year-old Alex Pretti.
Sens. Chris Murphy and Alex Padilla have spent the past two days calling colleagues to whip opposition to the DHS funding bill, according to a source familiar with the process.
The 37-year-old man killed by a federal officer in Minneapolis is identified by his family as Alex Jeffrey Pretti, an intensive care nurse who was "very upset with what was happening" in the ICE crackdown.
A man is dead after a shooting in Minneapolis on Saturday involving federal immigration agents from Customs and Border Protection. Here's what we know so far.
Only one in four Americans has a credit score above 800, which is considered exceptional, according to industry data.
Facing pressure from President Trump, credit card issuers are exploring ways to ease borrowing costs.
Federal safety regulators warn that home heating equipment can spark fires or emit carbon monoxide. Here's what to know.
Cold weather can reduce the efficiency of electric vehicles, shortening their driving range. These tips can help.
Other Tesla vehicles also struggled to attract buyers, with sales of its X, S and Y models all sinking from the previous year.
Rep. Maxwell Frost, a Florida Democrat, said a man told him "Trump was going to deport me before he punched me in the face."
Sens. Chris Murphy and Alex Padilla have spent the past two days calling colleagues to whip opposition to the DHS funding bill, according to a source familiar with the process.
Tension remains high between Iran and the U.S. in the wake of a bloody crackdown on protests.
Canada this month negotiated a deal to lower tariffs on Chinese electric vehicles in return for lower import taxes on Canadian farm products.
Minnesota Attorney General Keith Ellison said he has seen "no evidence" of a federal investigation into the fatal shooting of Renee Good by an ICE officer earlier this month.
Cassandra King was thrilled to be pregnant after years of fertility struggles and multiple miscarriages. Then a sudden cardiac event threatened everything.
After a year of ongoing measles outbreaks that have sickened more than 2,400 people, the United States is poised to lose its status as a measles-free country.
An infectious disease physician and former CDC official said he does not "have faith" that the U.S. is "handling measles very well."
A review of studies published in The Lancet found no link between acetaminophen use during pregnancy and autism, contradicting the Trump administration's recent claims.
Lacy Cornelius Boyd needed IV nutrition and an ileostomy bag after a devastating car crash. A rare transplant was her only option.
The talks are the first known instance that officials from the Trump administration have sat down with Russia and Ukraine.
Tension remains high between Iran and the U.S. in the wake of a bloody crackdown on protests.
Canada this month negotiated a deal to lower tariffs on Chinese electric vehicles in return for lower import taxes on Canadian farm products.
The Sydney shark attack that killed Nico Antic was one of four recorded in the span of two days.
It's the 35th strike on alleged drug-smuggling boats since early September 2025, and the first since the U.S captured former Venezuelan President Nicolás Maduro.
A 900-pound Kermit the Frog took a journey from Hollywood to Atlanta. Brian Unger has the story.
Massachusetts-based Lily Fitts originally gained a following for her viral song covers, which were shared by artists like The Lumineers and Noah Kahan. Her debut album "Getting By" captured attention for its honest and raw lyrics, and she's got more coming soon. Here's Lily Fitts performing "Beat Me To It."
Massachusetts-based Lily Fitts originally gained a following for her viral song covers, which were shared by artists like The Lumineers and Noah Kahan. Her debut album "Getting By" captured attention for its honest and raw lyrics, and she's got more coming soon. Here's Lily Fitts performing "Brown Eyed Baby."
Massachusetts-based Lily Fitts originally gained a following for her viral song covers, which were shared by artists like The Lumineers and Noah Kahan. Her debut album "Getting By" captured attention for its honest and raw lyrics, and she's got more coming soon. Here's Lily Fitts performing "Lose You Now."
Madison Beer says music has always been her escape since she started writing songs at just 6 years old. But the 26-year-old has had to navigate ups and downs in her journey to stardom. Anthony Mason reports.
Microsoft services were down for thousands of users, according to tracking service Downdetector.
Snapchat's parent company, Snap Inc., settled a lawsuit surrounding allegations of social media addiction burdening users. CBS News' Shanelle Kaul reports.
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.
The billionaire CEO of Tesla and SpaceX, in his first appearance at Davos, said Tesla could start selling its Optimus robots next year.
YouTube says it wants to get rid of fake AI videos flooding social media feeds on its platform. CBS News MoneyWatch correspondent Kelly O'Grady explains what's driving the change.
"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.
"Sunday Morning" looks back at historical events on this date.
The Dinosaur National Monument, which is located on the border between Colorado and Utah, was last excavated in 1924.
Have you ever wondered if your dog is eavesdropping on you? A new study published in the Journal of Science found that some dogs are not only listening, but are also learning words. Lead scientist Dr. Shany Dror joins CBS News to discuss.
Fossilized bones and teeth dating to 773,000 years ago are providing a deeper understanding of the emergence of Homo sapiens.
Drew Evans, the superintendent of the Minnesota Bureau of Criminal Prevention, spoke after federal agents killed a Minneapolis man on Saturday. Evans said federal investigators blocked his agency's access to the shooting scene.
Trump administration officials are denying accounts from witnesses who say they saw what occurred during a Minnesota ICE raid where a 5-year-old boy and his father were detained.
At a pretrial hearing on Friday, a judge set the date for jury selection in the case of Luigi Mangione, who is accused of killing UnitedHealthcare CEO Brian Thompson. CBS News legal reporter Katrina Kaufman was in the courtroom and has the details.
CBS News has obtained video of the moment FBI agents escorted former Olympic snowboarder and accused drug kingpin Ryan Wedding off a plane in California. CBS News' Anna Schecter has the details.
Five-year-old Liam Ramos is now being held at an ICE detention facility in Texas, CBS News' Camilo Montoya-Galvez reports. Here's what we know about the case.
Virgin Galactic is sending an all-female research team to space. Kellie Gerardi, who is leading the crew, joins "CBS News 24/7 Mornings" to discuss the goals of the mission.
Inch by inch, NASA's Artemis II moon rocket lumbered along its four-mile commute from the Vehicle Assembly Building to launch pad 39-B. Mark Strassmann is at the Kennedy Space Center in Florida with more.
Four Artemis II astronauts plan to fly around the moon and back next month, traveling farther from Earth than any humans before them.
NASA is beginning its rollout of its Space Launch System rocket and Orion spacecraft as preparations for the Artemis II mission enter their final stage.
Depending on the timing, NASA could launch a fresh crew to the space station while four other astronauts are flying around the moon.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
A 900-pound Kermit the Frog took a journey from Hollywood to Atlanta. Brian Unger has the story.
President Trump shocked NATO partners in an interview with Fox News this week about U.K. veterans and fallen soldiers in Afghanistan. He walked back the comments on Truth Social. Haley Ott has more details.
President Trump insults the Canadian prime minister, calling him "Governor Mark Carney," as he threatens new tariffs against the country. Willie James Inman has the details.
The winter storm's impact on travel grew by the hour on Saturday. Airlines have already canceled more than 10,000 flights this weekend and counting. Ali Bauman reports from Newark Liberty International Airport.
The slow-moving monster storm hit the southern plains on Saturday, and in Oklahoma City, it arrived with extreme cold. Jason Allen has more on the storm.