Mortgage rates hit 5.89% — highest level since housing crash
Borrowing costs for a conventional home loan have more than doubled over the last year.
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Borrowing costs for a conventional home loan have more than doubled over the last year.
Pandemic has frayed relationship between employees and bosses, leading to greater disengagement at work, survey suggests.
An early morning rally fueled by slower jobs report, faded by mid-afternoon, erasing all gains.
Markets have been roiled since Fed chair's speech Friday reaffirming central bank's aggressive plans to cool inflation.
Rate of workers quitting fell, and layoffs stayed near record low — showing employers are urgently seeking workers.
Staffing shortages at nursing homes has forced some facilities to think outside the box. A Minnesota nursing home is using a robot to help residents with memory problems and keep them active. Omar Villafranca shares more.
Markets lost more ground after Powell's speech last week confirming more hikes: "We must keep at it until the job is done."
New government data shows economic growth shrank at a 0.6% annual rate in the second quarter — less than initially thought.
A growing number of Americans say they're done going the extra mile for their employers. Some experts call that progress.
Despite sputtering U.S. economic growth, Federal Reserve hiked interest rates to ease "unacceptably high" inflation.
The number of Americans who signed up for unemployment benefits rose last week to 262,000 — the highest since November.
New data on hot U.S. jobs market suggests Fed won't be reining in its aggressive rate hikes anytime soon.
Although the labor market is slowing, businesses around the U.S. still have millions of job openings. .
American employers posted fewer job openings in June as the economy contends with raging inflation and rising interest rates.
The U.S. added 431,000 jobs in the month of March, a sign the economy is continuing to rebound and the job market is growing. Gargi Chaudhuri, head of iShares Investment Strategy Americas at BlackRock, joined CBS News to break down the data.
The pandemic has made it even more difficult for experts to predict job growth. Josh Mitchell, a staff reporter with the Wall Street Journal, joins Elaine Quijano on CBSN's "Red & Blue" to explain why.
"Consumer sentiment sure stinks but Americans nevertheless continue to increase their spending," said one economist.
Global cloud software for sustainable & profitable business
Thousands evacuate as California's Oak Fire explodes in size; Job applicant discloses cancer diagnosis in interview
An applicant for a computer programming job was hired after disclosing in her first interview that she had cancer. The company's CEO said the applicant was the most inspiring person she's ever met. Dr. Jon LaPook shares more.
More than 250,000 people applied for unemployment benefits last week, the highest number since November.
While layoffs remain low, they've risen for five consecutive weeks to reach 235,000 in the week that ended.
In Belle Harbor, N.Y., the only force greater than the devastation of Hurricane Sandy is the determination of the community; Also, millions of jobs are waiting to be filled, but employers say they can't find qualified workers because of "the skills gap"; And, from Paris to the Brooklyn Bridge, author David McCullough shows how hard work and creativity shaped America's cultural landscape
Humanitarian efforts intensify for Mariupol; March jobs report
The Federal Reserve issued its largest interest rate hike in nearly three decades as it tries to slow the economy without causing a recession. Carter Evans has more on what that means.
The wildfire, which has torn through Palo Pinto and Jack counties, forced evacuations, closed roads and disrupted schools.
Lt. Dakota Black of the Pottawatomie County Sheriff's Office in Shawnee, Oklahoma, says the case of Makayla Meave, a missing teacher's aide, was one of the most heart-wrenching cases of her career.
Hannah Pettey, 22, a married mother of two from Alabama, suffered debilitating pain and lost more than 45 pounds as her health rapidly declined. Doctors suspected either her mother or her husband were trying to poison her.
Republican National Committee Midterm Convention is a rare mid-cycle gathering of party leaders and delegates President Trump has called as a way to rally the party faithful ahead of November's contests.
Robin Morgan, a wholesome child star of the 1940s and '50s who grew up to become an all-American radical as a poet, essayist, editor and second-wave feminist, has died at age 85.
Mortgage rates have climbed sharply this year amid mounting concerns about inflation and U.S. debt.
Although worker wages have risen modestly this year, pay is increasing much faster in some metro areas than in others, labor data shows.
Employer health benefit costs are projected to see the steepest increase next year since 2003. That could mean higher deductions and out-of-pocket costs for workers.
Strong hiring last month was driven by gains in education and in leisure and hospitality, with the nation's jobless rate remaining steady at 4.1%.
The number of millionaire 401(k) accounts at Fidelity reached a record 769,000 in the second quarter.
Republican National Committee Midterm Convention is a rare mid-cycle gathering of party leaders and delegates President Trump has called as a way to rally the party faithful ahead of November's contests.
President Trump's MAGA Inc. super PAC had previously only given one donation this midterm cycle: about $800,000 to Darline Graham.
Guyana is one of more than 30 nations that have now signed deals with the Trump administration as part of President Trump's crackdown on illegal immigration.
A former staffer confirmed that Sen. John Fetterman has routinely dismissed and at times refused to do core aspects of the job.
Some of the highest-ranking officials in the U.S. military were subjected to polygraph tests as part of a sweeping leak probe, U.S. officials briefed on the matter told CBS News.
Dawn Jemison started dealing with pelvic pain as a preteen. It took decades to learn why — and to find a solution.
Employer health benefit costs are projected to see the steepest increase next year since 2003. That could mean higher deductions and out-of-pocket costs for workers.
Lindsay Clancy's case is resonating with moms across the U.S. — bringing into focus the spectrum of perinatal mood and anxiety disorders and the lack of resources for many women.
Dr. Temeka Zore, a double board-certified OB-GYN and fertility specialist, joined "Healthful" for a deep dive on all things fertility, from endometriosis to PMOS (formerly known as PCOS) to egg freezing.
The true cost of "vertical integration": Patients directed to a higher-priced location for procedures. Or forced to buy from their insurer's wholly owned pharmacy, which may not stock the drug prescribed or provide it at the lowest price.
Africa has long been represented as smaller than its real size in maps, which are largely based on an ancient projection.
Nigel Farage has downplayed his involvement in the scandal which has seen the Reform party accused of breaking British electoral law.
Robotaxis are on the roads of London, marking Uber's biggest real-world challenge yet in a busy city built on a dense layout and countless roundabouts.
Guyana is one of more than 30 nations that have now signed deals with the Trump administration as part of President Trump's crackdown on illegal immigration.
U.S. Ambassador to Israel Mike Huckabee met with about 10 Palestinian American residents who described the impact of the violence on their lives and properties.
Two-time Grammy-winning jazz singer Cassandra Wilson died on Sept. 1, 2026, at age 70. In this 1997 "Sunday Morning" profile, Wilson talked with correspondent Billy Taylor about her early influences, from her parents, to singers like Joni Mitchell and Richie Havens. PLUS: Watch Cassandra Wilson as a "Sunday Morning" correspondent, interviewing musician Robbie Robertson of The Band, at the Woodstock recording studio Big Pink, in a report broadcast in 1998.
Improvement Movement is one of Atlanta's most exciting new bands. They say their third album, "Your Perfect Real Life," is sure to "inundate your ears" with as much good as you can reasonably feel these days. Here's Improvement Movement with "On the Bus."
Improvement Movement is one of Atlanta's most exciting new bands. They say their third album, "Your Perfect Real Life," is sure to "inundate your ears" with as much good as you can reasonably feel these days. Here's Improvement Movement with "In the Morning."
Improvement Movement is one of Atlanta's most exciting new bands. They say their third album, "Your Perfect Real Life," is sure to "inundate your ears" with as much good as you can reasonably feel these days. Here's Improvement Movement with "I Do."
The first 24-hour Jerry Lewis Muscular Dystrophy Association telethon aired 60 years ago on Saturday. The staple of Labor Day weekend featured established stars like Dolly Parton and young comics like Jimmy Fallon.
Leigh Kiniry tests out an autonomous, AI-powered Uber in London.
The FBI is using artificial intelligence to fight crime as it leans into targeting cartels and transnational criminal organizations. CBS News' Anna Schecter spoke with FBI Deputy Director Christopher Raia about the new technology.
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.
At the U.S. Open, artificial intelligence is giving players and fans a new way to experience the tournament.
At this year's U.S. Open, live artificial intelligence insights are bringing the digital world to the court, reshaping the tournament experience. CBS News digital reporter Lauren Fichten has the details.
Ten research teams were honored at a satirical science awards ceremony that was hosted outside the U.S. for the first time due to travel concerns. A study of cockroach milk was among the winners.
Marmots, not bears, are the largest "true" hibernating mammal, UCLA marmot researchers Katie Adler and Emily Renkey say. The two share more fun facts about these cute creatures and explain how to vote for the fattest marmot.
NASA's new telescope could change the way we see space. With a wide-field camera that will reveal an area up to 200 times larger than the Hubble Space Telescope, and an orbit a million miles from Earth, the Nancy Grace Roman telescope is expected to find tens of thousands of unknown exoplanets.
The Great Smoky Mountains National Park told visitors Tuesday that invasive Joro spiders "may be hanging in a web near you."
July was the hottest month ever in the Lower 48 States – another escalation of our world into a hotter, more dangerous planet, where extreme weather events – such as heat waves, wildfires and hurricanes – will become more common and more extreme.
Lt. Dakota Black of the Pottawatomie County Sheriff's Office in Shawnee, Oklahoma, says the case of Makayla Meave, a missing teacher's aide, was one of the most heart-wrenching cases of her career.
Hannah Pettey, 22, a married mother of two from Alabama, suffered debilitating pain and lost more than 45 pounds as her health rapidly declined. Doctors suspected either her mother or her husband were trying to poison her.
A judge in Massachusetts declared a mistrial in the murder trial of Lindsay Clancy, who killed her three young children, after jurors said for a third time they could not agree on a verdict.
Italian authorities are turning their attention to the luxury brands at the top of the fashion food chain after allegations of cheap labor and exploitation.
The FBI is using artificial intelligence to fight crime as it leans into targeting cartels and transnational criminal organizations. CBS News' Anna Schecter spoke with FBI Deputy Director Christopher Raia about the new technology.
NASA's Roman Space Telescope launched shortly after daybreak from Kennedy Space Center and blazed toward an observation point 1 million miles away.
The $4.3 billion telescope is expected to discover tens of thousands of exoplanets while probing the nature of mysterious dark matter and energy.
President Trump plans to award the Congressional Space Medal of Honor to the crew of NASA's Artemis II mission in a ceremony Aug. 28.
The mission to save NASA's sinking space telescope has been called off, dooming the telescope to a fiery reentry later this year.
A NASA spacecraft circling the moon is providing the sharpest views yet of the crater carved by a crashing SpaceX rocket.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Dolly Parton, the country music legend who became a feminist icon, has died at the age of 80. Here is a look back at her life in pictures.
Sylvie Cachay was found dead in an overflowing bathtub at the exclusive Soho House in New York City on Dec. 9, 2010. A water leak at the hotel gave away a timeline that may have revealed her killer.
Summer is the time to enjoy live music, indoors and out. Scroll through our gallery of some of 2026's leading musical acts, featuring images by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
A detective hunts for answers when a woman goes missing. For Tracker Black it's personal. "48 Hours" correspondent Peter Van Sant reports.
When a young woman nearly dies from poisoning, investigators focus on the two people she trusted the most. "48 Hours" correspondent Anne-Marie Green reports.
A rare, exotic bird typically found in the Caribbean and parts of South America has been spotted in Irvine, California. Carter Evans reports.
Leigh Kiniry tests out an autonomous, AI-powered Uber in London.
Hurricane Lowell is building up about 600 miles off Honolulu, Hawaii. Andrew Kozak has the weather.