Mortgage rates driving lower housing supply
Rising mortgage rates are leading to a reduction in homes on the market. Rachel Siegel, an economic policy reporter for The Washington Post, joins CBS News to discuss how this affects the economy.
Economy
5/16: CBS News Mornings
Special counsel points to FBI missteps over handling of Trump-Russia investigation; former president talks family life after the White House.
Data suggests "Great Resignation" is over
Research from the human resources management company ADP suggests the "Great Resignation" is over and the "Big Stay" is here. The number of people quitting their jobs has fallen 5% from the same time a year ago. Chip Cutter, a reporter for the Wall Street Journal covering workplace, management and leadership issues, has more.
Global impact of U.S. debt ceiling fight
President Biden is expected to meet with House Speaker Kevin McCarthy on Tuesday to resume talks on raising the debt ceiling. Ian Bremmer, president of the Eurasia Group, joins to discuss how foreign powers are reacting to the debt limit standoff.
U.S. at risk of default in first 2 weeks of June
The Congressional Budget Office said Friday there is a significant risk the U.S. won't be able to pay its bills sometime in the first two weeks of June unless lawmakers reach a deal to raise the debt ceiling. CBS News congressional correspondent Nikole Killion has the latest on where negotiations stand.
U.K. travel disrupted by rail strikes
Rail strikes are affecting travel across the U.K., and it comes as the city of Liverpool prepares to host the Eurovision song contest. CBS News correspondent Ramy Inocencio joined Anne-Marie Green and Vladimir Duthiers for MoneyWatch International.
Inflation falls to level not seen since 2021
Inflation is down to 4.9% - its first time below 5% since 2021. John Leer, chief economist at Morning Consult, joins to discuss how the Federal Reserve could respond.
What happens to Social Security if the U.S. breaches the debt ceiling?
Millions of Social Security recipients "need to be very careful" about spending because payments could be delayed, one expert said.
5/11: CBS News Mornings
Title 42, the pandemic-era border policy, ends today; drop in commercial property values could impact U.S. pension plans.
New economic data signals easing inflation
Economic data released Thursday shows that U.S. wholesale price increases decelerated in April and unemployment claims increased in the week ending May 6. Meanwhile, Treasury Secretary Janet Yellen warns that if the U.S. defaults on its debt, it could threaten the global economy. Jeanna Smialek, a Federal Reserve and economy reporter at the New York Times, joins CBS News to discuss.
Yellen: U.S. default would be a "catastrophe"
The treasury secretary also told G-7 finance ministers and central bank chiefs meeting in Japan that a first-ever U.S. default on its debts is "unthinkable."
Investors react as inflation slows
Stocks closed relatively flat Wednesday following the release of Consumer Price Index data for April. Wells Fargo senior global markets strategist Scott Wren joins CBS News to explain what the new inflation numbers mean for consumers and investors.
Consumer Price Index up 0.4% in April
The Consumer Price Index shows inflation rose 0.4% between March and April. Prices rose 4.9% year-over-year. Axios managing editor for business and markets and CBS News contributor Javier David discusses what this means for the economy with Anne-Marie Green and Vlad Duthiers.
What a default could do to the U.S. economy
"No one should assume that the Fed can… really protect the economy and the financial system, and our reputation globally, from the damage such an event might inflict," Federal Reserve Chairman Jerome Powell said.
Where lawmakers can compromise on debt limit
President Biden hosted top congressional leaders at the White House Tuesday afternoon to discuss the debt ceiling standoff. Mark Zandi, chief economist for Moody's Analytics, joins with a look at where talks could go in the coming weeks.
Biden, McCarthy speak out after debt summit
President Biden met with top congressional leaders Tuesday, trying to prevent the economic chaos a default would cause if an agreement isn't reached on the debt ceiling. After the meeting, the president pointed out how far apart the two sides are. CBS News chief White House correspondent Nancy Cordes reports.
Corporate profits could be fueling inflation
Some companies are raising prices faster than costs are increasing, fueling inflation. CBS News' Tony Dokoupil and Errol Barnett are joined by Wall Street Journal reporter Paul Hannon with more.
China increasing automobile exports
China's automotive exports have tripled over the last five years. Many of its newest vehicles are hybrid or fully electric. Elizabeth Palmer reports.
April job growth beats expectations
The Labor Department's latest report shows employers added 253,000 jobs in April. Daniel Altman, chief economist at Instawork, breaks down the findings.
Latest jobs report shows strong economic growth
The U.S. added 253,000 jobs in April, according to a report released Friday by the Labor Department, well above estimates from economists. Unemployment also fell to 3.4%, and wages were also higher. Ed O'Keefe has the details.
How AI could change certain types of work
The popularity of artificial intelligence has exploded, and its impact could stretch across industries. Nancy Chen takes a look at what it could mean for many types of jobs.
European Central Bank raises interest rates
Inflation in the Eurozone ticked up to 7% in April. The European Central Bank raised interest rates to 3.25% and indicated more hikes are to come. Brendan McKenna , an international economist for Wells Fargo, joined CBS News to compare the ECB and Federal Reserve's approaches to inflation.
CEO pay continues to rise
Salaries for top CEOs rose 7.7% last year, even as most Americans are struggling to keep up with inflation. CBS MoneyWatch associate managing editor Irina Ivanova joins Errol Barnett and Elaine Quijano with more.
U.S. adds 253,000 jobs in April
Employers in the U.S. added 253,000 jobs in April, and the nation's unemployment rate fell to 3.4% from 3.5% in the prior month, the Labor Department said. CBS News business analyst Jill Schlesinger joined Anne-Marie Green to discuss the jobs report.
What bank stock falls could mean for economy
Federal Reserve Chair Jerome Powell began a press conference Wednesday saying "the U.S. banking system is sound and resilient." Yet several regional bank shares were on the decline Thursday. Wall Street Journal banking reporter Gina Heeb breaks down the possible implications for the economy.
Live
Trump warns Iran to accept defeat as Israel kills another top commander
Trump warns Iran to make a deal on his terms "before it is too late," as Israel says it's killed the Iranian commander behind the Strait of Hormuz closure.
Exclusive
Maduro held in a "jail inside of a jail" under special restrictions, sources say
Deposed Venezuelan leader Nicolás Maduro and his wife are set to appear Thursday in federal court in Manhattan.
TSA forced to consolidate lanes, may have to close small airports
The TSA's top official says the situation at U.S. airports could get even worse if the partial government shutdown that has frozen officers' paychecks continues.
Live
Senate searches for end to DHS shutdown after deal stalls
Lawmakers are looking for a way out of the Department of Homeland Security shutdown that has roiled air travel after a potential deal stalled. Follow live updates.
Trump official refers New York AG Letitia James for prosecution again
A Trump administration official has made new criminal referrals against New York Attorney General Letitia James to federal prosecutors in Miami and Chicago.
DOJ tells judge it incorrectly used ICE memo for immigration court arrests
Justice Department lawyers said in the memo that it was a "regrettable error" to cite the memo in monthslong litigation.
What to know about the "wild, wild West" of viral peptide claims
Here's what to know about peptides, what they can and can't do, and what's driving viral claims about possible health benefits online.
Census shows U.S. metro areas where growth slowed the most in 2025
Population estimates released by U.S. Census Bureau show growth rates slowed sharply in metro areas in 2025, as immigration dropped and hurricanes pushed people out of some Gulf Coast counties.
House Dem accused of stealing FEMA funds set to face rare ethics "trial"
Rep. Sheila Cherfilus-McCormick of Florida is accused of using part of the $5 million to bolster her campaign and on luxury goods.
U.S.
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Americans face calls to cut their energy usage as Iran war drags on
As oil prices surge, some experts are urging consumers to take energy-conserving steps like working from home or driving less.
Russia is helping Iran with intel to kill Americans, says top EU diplomat
Russia is providing intelligence support to Iran in the Middle East war to "kill Americans," Kaja Kallas said Thursday.
More than 100 daily high temperature records expected this week
As a searing heat wave slowly expands over the western two-thirds of the U.S., more than 100 daily temperature records are forecast through Sunday.
Kennedy Center announces Bill Maher will receive Mark Twain Prize
The Kennedy Center for the Performing Arts, whose board is filled with the president's allies, announced Bill Maher will receive the prize in June.
What to know about the "wild, wild West" of viral peptide claims
Here's what to know about peptides, what they can and can't do, and what's driving viral claims about possible health benefits online.
MoneyWatch
More MoneyWatch
Americans face calls to cut their energy usage as Iran war drags on
As oil prices surge, some experts are urging consumers to take energy-conserving steps like working from home or driving less.
As wealth taxes gain traction, Warren proposes levy on the ultra-rich
Sen. Elizabeth Warren's bill would raise taxes on households worth more than $50 million and on billionaires.
USPS to add temporary fuel surcharge for some postage prices
The U.S. Postal Service is raising some postage prices to help offset the federal agency's rising transportation costs as fuel prices surge.
$100,000 in Social Security benefits? New proposal would cap them.
With Social Security's trust fund sliding toward insolvency, one group wants to cap benefits for the wealthiest U.S. couples.
Trump waives summer gasoline regulations to ease fuel prices
Summer gasoline regulations will be waived for 20 days, and possibly longer to try to ease gas prices.
Politics
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Kennedy Center announces Bill Maher will receive Mark Twain Prize
The Kennedy Center for the Performing Arts, whose board is filled with the president's allies, announced Bill Maher will receive the prize in June.
DOJ tells judge it incorrectly used ICE memo for immigration court arrests
Justice Department lawyers said in the memo that it was a "regrettable error" to cite the memo in monthslong litigation.
Live
Senate GOP sends Democrats "last and final" offer to end DHS shutdown
Senate Majority Leader John Thune said Republicans have submitted what their "last and final" offer to end the DHS shutdown. Follow live updates.
Exclusive
Maduro held in a "jail inside of a jail" under special restrictions, sources say
Deposed Venezuelan leader Nicolás Maduro and his wife are set to appear Thursday in federal court in Manhattan.
TSA forced to consolidate lanes, may have to close small airports
The TSA's top official says the situation at U.S. airports could get even worse if the partial government shutdown that has frozen officers' paychecks continues.
HealthWatch
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What to know about the "wild, wild West" of viral peptide claims
Here's what to know about peptides, what they can and can't do, and what's driving viral claims about possible health benefits online.
CDC's acting chief promises a return to stability in a tumultuous moment
Dr. Jay Bhattacharya, head of the National Institutes of Health and interim leader of the Centers for Disease Control and Prevention, told staff a permanent CDC director could be nominated soon. "I know that it has been such a difficult year," he said.
FDA says billionaire's claims about cancer drug Anktiva are misleading
Federal health officials posted a warning about misleading statements by biotech billionaire Dr. Patrick Soon-Shiong about his company's bladder cancer drug Anktiva.
More parents are refusing routine newborn preventative care, study finds
Doctors fear that skepticism, fueled by anti-science sentiment and mistrust, is extending beyond vaccines to other proven, routine care.
Complex procedure saves officer with chest pain, heart condition
Transit Officer Paul DeGeorge thought his son was lying on him. Then he realized something much scarier was happening.
World
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Transgender women athletes banned from women's Olympic events
Transgender women athletes are now excluded from women's events at the Olympics after the IOC agreed to a new eligibility policy on Thursday.
Russia is helping Iran with intel to kill Americans, says top EU diplomat
Russia is providing intelligence support to Iran in the Middle East war to "kill Americans," Kaja Kallas said Thursday.
Alleged Hezbollah member on U.S. terror list is arrested in Ecuador
The Syrian man has been identified as a terrorist threat by the U.S. for belonging to Iran-backed militant group Hezbollah.
Rare mountain gorilla twins born in national park again
Twin mountain gorillas were recently born in the Virunga National Park, renowned for its biodiversity but threatened by conflict.
Live
Live Updates: Witkoff says U.S. presented Iran with 15-point plan for potential peace proposal
President Trump warned Iran to make a deal on his terms "before it is too late."
Entertainment
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Entertainment
Camila Morrone talks new horror series
Camila Morrone, who stars in the series "Something Very Bad Is Going to Happen," speaks to "CBS Mornings" about the show, what intimidated her about the horror genre, and working with the Duffer brothers.
Stunning "Survivor" elimination ceremony
(Spoilers ahead) "CBS Mornings" reveals shocking details about the latest "Survivor" elimination ceremony.
Colbert to co-write "Lord of the Rings" film
Oscar-winning filmmaker Peter Jackson announced on Wednesday that "The Late Show" host Stephen Colbert will co-write the next "Lord of the Rings" movie. "The Late Show" airs its final episode in May.
MLB's "robot umpire" debuts in Yankees-Giants season opener
Major League Baseball's "robot umpire" made its debut in the season-opening New Yankees-San Francisco Giants game in Oracle Park.
New video of Taylor Frankie Paul arrest
A newly released video shows the police interactions with Taylor Frankie Paul in 2023 that led to charges, including domestic violence in the presence of a child. CBS News Shanelle Kaul has the latest.
Technology
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Technology
Key takeaways from Meta, YouTube case ruling
Meta and YouTube were found liable on all charges in a landmark social media addiction trial. CBS News' Jo Ling Kent reports.
Verdict in social media addiction trial
After days of deliberation, a jury in Los Angeles found Meta and YouTube liable for creating platforms designed to be addictive for kids and for failing to warn them. The plaintiff was awarded $6 million in damages in the case. Meta and Google, which owns YouTube, both say they'll appeal.
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.
New Mexico attorney general on win over Meta
A Los Angeles jury ruled against Meta and Google on Wednesday, finding the companies liable for reports of damage done to young people by social media. That verdict came less than 24 hours after a similar ruling in New Mexico, where a jury found Meta violated state consumer protection law and endangered children. New Mexico attorney general Raúl Torrez joins "The Daily Report" to discuss.
Why regulating AI is so difficult
For years, governments have attempted to regulate new, emerging technologies on a global scale. Roland Fryer, a CBS News contributor and author of the Wall Street Journal op-ed "The Economics of Regulating AI," breaks it down.
Science
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What to know about the "wild, wild West" of viral peptide claims
Here's what to know about peptides, what they can and can't do, and what's driving viral claims about possible health benefits online.
Amputee sea turtle being tracked at sea from space
The staff at a Florida sea turtle hospital is monitoring some animals they've rehabilitated from space -- especially amputees, such as one they named Amelie, who's back at sea.
600-year-old pinot noir grape seed found in medieval hospital
The seed reveals that people in France have been cultivating the popular variety of grape since at least the 1400s, scientists say.
Pit viper among new species discovered in cave in Cambodia
Researchers in Cambodia surveyed dozens of previously unexplored caves and found several species never seen before, including a pit viper that is still being studied.
How a fun nature app aids science
The iNaturalist cellphone app not only helps users identify plant, animal and insect species; it also provides invaluable data to scientists studying biodiversity, species decline, and habitat loss. It also provides opportunities for fun: David Pogue joins iNaturalist fan Martha Stewart in a "bioblitz" – a timed competition with other users to spot and ID species.
Crime
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Crime
Gender-based violence policy, training unit
The New York City Police Department is unveiling its gender-based violence policy and training unit to help survivors and investigate aggressors. CBS News' Anna Schecter reports.
Venezuela's Nicolás Maduro in court today
Former Venezuelan President Nicolás Maduro is expected in court today for a hearing where he is expected to seek the dismissal of charges against him. CBS News' Anna Schecter has more.
Exclusive
Maduro held in a "jail inside of a jail" under special restrictions, sources say
Deposed Venezuelan leader Nicolás Maduro and his wife are set to appear Thursday in federal court in Manhattan.
Alleged Hezbollah member on U.S. terror list is arrested in Ecuador
The Syrian man has been identified as a terrorist threat by the U.S. for belonging to Iran-backed militant group Hezbollah.
New video of Taylor Frankie Paul arrest
A newly released video shows the police interactions with Taylor Frankie Paul in 2023 that led to charges, including domestic violence in the presence of a child. CBS News Shanelle Kaul has the latest.
Space
More Space
Fireball captured on video as meteor streaks across Pacific Northwest sky
As the number of people with cameras on their dashboards and doorbells has grown, so have reports of such sightings.
NASA to spend $20 billion on ambitious moon base
In an on-going overhaul of NASA's Artemis program, agency officials say it will take seven years to build a sophisticated base on the moon.
Artemis II back on launch pad for moon mission
NASA's Artemis II rocket is back on the launch pad after repairs inside the massive Vehicle Assembly Building at the Kennedy Space Center. Early next month, NASA will try, for a second time, to send a crew of four on a flyby of the moon. Mark Strassmann has more.
Possible meteorite crashes into Houston area home, officials say
A possible meteorite crashed into a Houston area house on Saturday night, tearing through the roof and two stories of the home, officials said.
Eileen Collins on breaking barriers in space
Retired NASA astronaut and Air Force Col. Eileen Collins joins "CBS Saturday Morning" to discuss her groundbreaking journey to become the first woman to pilot the Space Shuttle and the first to command a Space Shuttle mission.
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
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Latest CBS News Videos
Trump on Iran war at Cabinet meeting
President Trump is commenting on the Iran war at the first Cabinet meeting since the conflict in the Middle East began. CBS News' Olivia Rinaldi reports.
H. R. McMaster on Trump rhetoric on Iran war
CBS News contributor H. R. McMaster, President Trump's national security adviser during his first presidential term, joins with more details on what may come next for President Trump and the military operations in the Middle East.
Details on Iran's conditions to stop the war
More details are emerging about Iran's apparent conditions to stop the war in the Middle East. CBS News' Holly Williams reports.
Trump says Iran is "begging to make a deal"
President Trump held his first Cabinet meeting since the war in Iran began, and he continues to claim that Tehran wants to negotiate with the U.S. Mr. Trump also slammed NATO for its reluctance to join efforts against the regime.
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Tips to use your 2026 tax refund
Here are some tips on how to use your 2026 tax refund as the IRS begins paying Americans. CBS News' Jill Schlesinger reports. (Sponsored by AT&T Business)