Inflation fuels increased home heating costs
Higher fuel prices are expected to make this a tough winter for homeowners. But there are ways to help you save on your heating bills. Meg Oliver has more.
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Higher fuel prices are expected to make this a tough winter for homeowners. But there are ways to help you save on your heating bills. Meg Oliver has more.
CBS News business analyst Jill Schlesinger joins "CBS Mornings" to provide an update on the housing market, as mortgage rates hit a 20-year high. She also checks in on the rental market and provides advice for homeowners staying in their homes.
Mortgage rates dipped for the first time in months as the Federal Reserve announced its latest interest rate hike. Javier David, managing editor of business and markets at Axios, joins "CBS News Mornings" with the latest.
Bank boss Andrew Bailey said there was a "tough road ahead," and if action isn't taken now, things "will be worse later on."
Inflation is fueling a big increase in home heating costs, but there are ways to help you save on your heating bills this winter. Meg Oliver has more.
The Federal Reserve raised its benchmark interest rate by three-quarters of a point as it seeks to ease inflation. Robert Costa reports on the impact it could have on the midterm elections.
The Federal Reserve has taken the aggressive step of raising interest rates by another three-quarters of a percentage point. Jeff Taylor, board member at the Mortgage Bankers Association, and CBS News reporter Sarah Ewall-Wice join anchors Errol Barnett and Lana Zak to discuss what this means for the economy.
Markets turned volatile after the Federal Reserve announced it would increase interest rates by three-quarters of a percentage point. CBS News' Errol Barnett and Lana Zak speak with Edward Moya, senior market analyst for Oanda, about what today's action could signal for the markets and the economy.
President Biden is delivering a speech Wednesday night near Capitol Hill about the preservation of democracy. White House principal deputy communications director Kate Berner joins "Red and Blue" to discuss his speech, his economic agenda, and his travel schedule ahead of Election Day.
"Hawkish" policy statement from Fed leads investors to abandon hope of easing rate increases.
Federal Reserve policymakers are meeting Wednesday and it's likely they will raise interest rates by another 75 basis points in a continued effort to curb inflation. Previous rate increases have pushed the average 30-year fixed mortgage rate above 7%. Nancy Chen reports on how already high rates are affecting the housing market.
Despite the convenience, experts say buying a flight by mobile phone could end up costing you more.
Investors are bracing for the Federal Reserve to likely announce another aggressive interest-rate hike Wednesday. CBS News' Lana Zak spoke with John Leer, chief economist at Morning Consult, about the Fed's expected decision.
Discover this week's exclusive deals below, and visit CBSDeals.com or text CBS to 65000 to take advantage of them today.
Tanger Med, one of the largest global logistics gateways, is webbing a map connecting 180 ports in 70 countries and directing nearly 40% of the distribution to Africa, establishing an integrated economic platform.
Economists had expected the number of job openings to drop below 10 million for the first time since June 2021.
Missed the second half of the show? The latest on the Democrats and how they will accept midterm results; the Battleground Tracker as the GOP heads into final week with lead in seats; economic issues still top of mind for voters ahead of midterms; and how Democrats are adjusting their final midterm message.
Ukraine's Foreign Minister, Dmytro Kuleba, accused Russia of playing "hunger games" by imperiling global food shipments.
Candy prices are soaring this Halloween thanks to inflation. It's not just candy, pumpkin prices are also up. Carter Evans takes a look.
Rep. Tom Emmer, Rep. Sean Patrick Malone, Cybersecurity and Infrastructure Security Agency Director Jen Easterly, and more, will appear on "Face the Nation with Margaret Brennan" this Sunday.
Exxon and Chevron reported surging quarterly earnings, with gas prices still up sharply from a year ago.
After two consecutive quarters of decline, the U.S. gross domestic product grew at an expectedly high annual rate in the third quarter. However, recession fears remain amid high inflation and rising interest rates. Nancy Cordes has the latest.
Elon Musk has taken control of Twitter and fired at least three top executives including its CEO, according to numerous reports. Jonathan Vigliotti is at Twitter's headquarters in San Francisco.
As the White House praises the first positive GDP report of 2022, Republicans are dismissing the latest numbers with two weeks left until the midterm elections. CBS News senior White House and political correspondent Ed O'Keefe has more on the Biden administration's response and other developments from the campaign trail.
Water levels are hitting record lows along the Mississippi River, meaning big trouble for the economy. The drought is expected to last through January, threatening the critical supply chain for food, coal, petroleum and more. Ben Tracy has more.
Savannah Guthrie released a new video on Saturday, saying her family is willing to pay for the safe return of their mother.
Skier Chris Lillis said he was "heartbroken about what's happened in the United States," while skater Amber Glenn said she "will not just be quiet."
Nexstar's acquisition of Tegna would bring together two companies with significant holdings in local broadcast media.
"Just because it seems impossible to you doesn't mean it's not possible," Vonn says.
The footage is included in a video that promotes false claims that the 2020 presidential election was rigged against Mr. Trump.
Brad Arnold, the founder and lead singer of the 3 Doors Down has died following "his courageous battle with cancer," the rock band announced Saturday on social media.
Will Lewis, CEO and publisher of the Washington Post, has resigned just three days after the storied newspaper laid off about one-third of its staff.
U.S. speed skater Greta Myers learned about her Olympic debut in the 3000m three hours before the race was due to begin.
Former House Speaker Nancy Pelosi plans to endorse Jack Schlossberg, John F. Kennedy's grandson, a source familiar confirmed to CBS News.
Connor Hilton, 17, said that after taking Accutane, a prescribed acne medication, he began to have suicidal and homicidal thoughts – thoughts that, his defense argued, led him to shoot two friends in the head at his Friendswood, Texas, home. Prosecutors weren't convinced.
Former House Speaker Nancy Pelosi plans to endorse Jack Schlossberg, John F. Kennedy's grandson, a source familiar confirmed to CBS News.
Savannah Guthrie released a new video on Saturday, saying her family is willing to pay for the safe return of their mother.
Will Lewis, CEO and publisher of the Washington Post, has resigned just three days after the storied newspaper laid off about one-third of its staff.
Bad Bunny is set to take the stage at halftime for the 2026 Super Bowl. Here's who else is performing at Super Bowl 60.
Will Lewis, CEO and publisher of the Washington Post, has resigned just three days after the storied newspaper laid off about one-third of its staff.
Nexstar's acquisition of Tegna would bring together two companies with significant holdings in local broadcast media.
Though the commerce secretary has called his interactions with Epstein as "limited," the two were in business together four years after Epstein's 2008 guilty plea.
Resurgent technology stocks drove the rebound after a volatile week, while bitcoin also recouped losses.
Cryptocurrency transactions are often thought to be anonymous and untraceable. That's a misconception, experts tell CBS News.
Former House Speaker Nancy Pelosi plans to endorse Jack Schlossberg, John F. Kennedy's grandson, a source familiar confirmed to CBS News.
Nexstar's acquisition of Tegna would bring together two companies with significant holdings in local broadcast media.
Skier Chris Lillis said he was "heartbroken about what's happened in the United States," while skater Amber Glenn said she "will not just be quiet."
If the June deadline is not met, the Trump administration will likely put pressure on both sides to meet it, Zelenskyy told reporters.
A federal appeals court on Friday endorsed the Trump administration's policy of holding broad groups of immigration detainees without access to bond hearings, a major legal victory for President Trump.
Becca Valle, then 37, enrolled in a cutting-edge clinical trial after surgery removed an aggressive tumor from her brain.
More than three dozen cases of death cap mushroom poisonings have been reported in California since November, health officials said.
Here's what to know about TrumpRx, including how it works, who can use it, and how much money it can save.
The Trump administration launched its new TrumpRx direct-to-consumer prescription drug listing site late Thursday, part of a push to offer medication at steep discounts.
The New Mexico Department of Health said officials believe the baby contracted listeria after their mother drank raw milk during pregnancy.
The U.S. ended Saturday in first place with 44 points. Japan was five points back going into the men's, women's and pairs free skates to decide the medals Sunday.
The U.S. women's hockey team eased to a 5-0 win over Finland on Saturday afternoon.
Francesca Lollobrigida set a new Olympic record of 3 minutes, 54.28 seconds, shaving more than two-and-a-half seconds off the mark set by Dutch legend Irene Schouten four years earlier in Beijing.
Friday's attack was the deadliest suicide bombing in Islamabad in nearly 20 years.
U.S. speed skater Greta Myers learned about her Olympic debut in the 3000m three hours before the race was due to begin.
Brad Arnold, the founder and lead singer of the 3 Doors Down has died following "his courageous battle with cancer," the rock band announced Saturday on social media.
Bad Bunny is set to take the stage at halftime for the 2026 Super Bowl. Here's who else is performing at Super Bowl 60.
Lead singer and frontman Dee Snider said he suffers from degenerative arthritis and has had several surgeries over the years.
Sarah Gelman, editorial director at Amazon Books, joins "CBS Saturday Morning" to recommend some of the best books to read around Valentine's Day.
Super Bowl chefs spend an entire year developing the menu for the big game, and "CBS Saturday Morning" gets a sneak peek at some of the mouth-watering options.
The FAA says it is collaborating with the FBI to detect, track and assess unauthorized drone activity at the Super Bowl.
Gamers across the world can now recreate drone strikes in Ukraine from the comfort of their own home, with this newly released game.
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.
CBS News business analyst Jill Schlesinger talks about how companies are using artificial intelligence, the discussion around the technology and how it's impacting the workforce.
Executives from Waymo and Tesla defended their self-driving vehicle technology in testimony before the Senate Commerce Committee on Wednesday. CBS News' Kris Van Cleave reports and Ian Krietzberg, an AI correspondent at the digital media company Puck, has more.
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.
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.
"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.
Connor Hilton, 17, said that after taking Accutane, a prescribed acne medication, he began to have suicidal and homicidal thoughts – thoughts that, his defense argued, led him to shoot two friends in the head at his Friendswood, Texas, home. Prosecutors weren't convinced.
Authorities said Friday they were inspecting an apparent new message relating to the disappearance of "Today" host Savannah Guthrie's mom, Nancy, after the family reported her missing from her home on Sunday.
Luigi Mangione had an outburst after a hearing on Friday in which the judge announced that his New York State trial will begin on June 8. CBS News legal reporter Katrina Kaufman is following the case.
Local and federal authorities said "investigators are actively inspecting the information provided in the message for its authenticity" regarding the disappearance of Nancy Guthrie.
Friday marked six days since Nancy Guthrie's apparent abduction, and Guthrie's three children have been posting on social media hoping to reach whoever may have taken her. CBS News' Andres Gutierrez reports and former FBI counterintelligence operative Eric O'Neill has more.
NASA's first crewed moon mission in more than 50 years has been delayed until March at the earliest. During a routine dress rehearsal of the launch, persistent liquid hydrogen leaks were discovered in the Artemis II rocket. CBS News space consultant Bill Harwood breaks it down.
NASA plans to test the planned leak repair with a second dress rehearsal fueling test later this month.
NASA delayed the Artemis II moon rocket launch after a hydrogen leak was found during a wet dress rehearsal, the agency announced Tuesday. CBS News senior space consultant Bill Harwood has the latest.
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 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.
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.
Ice hockey forward Hilary Knight showed the world why she's one of the greatest players ever. With her 14th goal, the captain of Team USA moved into a tie for the most goals scored by a U.S. Women's hockey player at the Winter Olympics. Andres Gutierrez reports on her career and her last Olympic run.
The countdown is on for the big game between the Seattle Seahawks and the New England Patriots. Kris Van Kleave is outside what's been called the Field of Jeans.
Saturday marked the first full day of the Olympic Winter Games in Italy. Switzerland took the first gold medal in men's downhill skiing. In all, five medal events were held, but no gold yet for Team USA. Seth Doane has the latest details from Cortina, Italy.
The political fallout in Britain following the latest Epstein documents release became so intense that on Saturday, there were growing calls for the U.K.'s prime minister to step down.
President Trump refused to apologize after sharing a racist video on Truth Social and then later taking it down. Willie James Inman has more.