Everything you need to know about mortgage interest rates
Understanding how your mortgage interest rate is calculated is a crucial step in securing a home loan.
Finance
9/6: Face The Nation
This week on "Face the Nation", as the fall presidential campaign season kicks off, the country faces unprecedented challenges and the candidates work to convince, distract and excite voters.
Inflation and July's Consumer Price Index
The U.S. Labor Department has released its latest Consumer Price Index for July 2022. CBS News business analyst Jill Schlesinger joins "CBS Mornings" to break down what this means for prices and the economy.
USPS announces rate increase for holiday shipping
The U.S. Postal Service is increasing rates for holiday shipping, beginning in October. First-class packages will see a surcharge depending on weight and distance.
CBS Evening News, August 4, 2022
Brittney Griner sentenced to 9 years in Russian prison; Minor league players live in retirement community during baseball season
Minor leaguers live in retirement community
While MLB players can have huge paychecks, minor leaguers often live paycheck to paycheck, with some staying with host families as they chase their big league dreams. Schaumburg Boomers players are living in a retirement community in the Chicago suburbs. Charlie De Mar shares more.
Error led Equifax to send wrong credit scores
Equifax, one of three major credit ratings companies, admitted it sent lenders incorrect credit scores for hundreds of thousands of people applying for home and auto loans this spring. Equifax said the errors, caused by a coding issue, were significant enough that some may have been wrongfully denied credit.
MoneyWatch: Florida pushes financial literacy
A subcommittee in Florida's House unanimously approved a bill Wednesday that, if it becomes law, would require students to take a half-credit course on financial literacy and money management. State Representative Matt Willhite joins CBS News to discuss the effort to make make financial literacy a requirement for high school graduation.
Trump considering new tax cut
President Trump confirmed Tuesday that the White House is looking to roll out another tax cut, as economists warn of an oncoming recession. Washington Post chief correspondent Dan Balz and Politico's White House reporter Nancy Cook join CBSN's "Red & Blue" with details.
U.S. economy shrank in second quarter
Aditya Bhave, senior U.S. and global economist at Bank of America, joined CBS News' Jericka Duncan and Vladimir Duthiers to discuss the latest GPD report from the U.S. Commerce Department, which shows the economy shrank 0.9% in the second quarter of 2022.
Senate looks to hold vote on CHIPS Act
There is bipartisan support to push through funding to help domestic semiconductor manufacturing. Yahoo Finance senior columnist Rick Newman joins "CBS News Mornings" with more details on what the CHIPS Act includes.
MoneyWatch: Existing home sales fell in June
As mortgage rates rise, the number of homes being sold is dropping. Existing home sales fell 5.4% in June. But housing prices are still still rising and reaching historic levels. Jessica Lautz, vice president of demographics and behavioral insight at the National Association of REALTORS, joins CBS News to discuss the latest housing report.
Goldman Sachs' CEO on small businesses
Goldman Sachs' CEO David Solomon joins “CBS Mornings” with his financial outlook and why the company is trying to get more support for small businesses.
Summer gadgets to help you stay cool
CNET editorial director Dan Ackerman joins "CBS Mornings" to share innovative technology that can help families beat the heat and save money this summer.
Some are accusing Her Majesty's advisers of wasting money
British lawmakers are calling on Queen Elizabeth to rein in spending, accusing Her Majesty's advisers of wasting money while royal palaces are crumbling. Lucy McDonald reports.
30-year mortgage rate passes 6%
Mortgage prices have surged over six percent, up nearly a whole percentage point from a month ago and the biggest one week jump in 35 years, making it harder to afford a mortgage. CBS News correspondent Kris Van Cleave has more on what this means for the housing market.
Tracking large firearms sales with credit cards
A bank tried to create a unique merchant code to track suspicious purchases of firearms and ammo, but credit card companies rejected the idea. Jim Axelrod investigates.
Fed issues largest rate hike in decades
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.
Stocks plummet as inflation fears mount
The S and P fell to its lowest point this year as investors come to terms with consumer prices rising at their fastest pace in 40 years. The drop is just the latest in a string of downturns for the markets. Elaine Quijano takes a look.
Yokoy: More than just digitized invoices
Navigating digitalization in the finance department
MoneyWatch: Stocks and retirement concerns
As the fears about the stock market swings continue, many are worried about their retirement funds. Senior writer, editor and producer at AARP John Waggoner joins "CBS News Mornings" to explain what people ages 50 and older should consider when looking at the changing market.
Gas prices hit records as inflation fears intensify
As the price of gas and groceries rise with inflation, plenty of Americans are feeling the financial pressure of an economy potentially heading toward a recession. Errol Barnett takes a look.
Obama, Brian Chesky unveil scholarship
Former President Obama and Airbnb co-founder and CEO Brian Chesky have partnered to give scholarships to college students pursuing careers in public service. The $100 million initiative is aimed at recent grads who understand the financial worries of choosing a public service career.
Inflation rises to near 40-year high
Global forces including supply chain disruptions, energy costs and Russia's invasion of Ukraine have contributed to rising inflation, which is at a near 40-year high. Mark Strassmann reports.
MoneyWatch: Impact of interest rate hike
The Federal Reserve announced its biggest interest rate increase in over 20 years. The 0.5% increase is in response to high levels of inflation in America. Ajay Rajadhyaksha, Global Chairman of Research at Barclays, joins "CBS News Mornings" to discuss the impact it will have on Americans and the motivations behind the Fed's move.
Live
U.S. conducts more strikes on Iran as Trump threatens to "militarily complete the job"
The U.S. carried out a new round of strikes Sunday local time in response to "Iranian aggression against commercial shipping," CENTCOM says.
Venezuela death toll rises as search for earthquake survivors continues
Venezuelans have taken the search for missing loved ones into their own hands, citing a scarcity of government rescuers.
Trump nominates former Oklahoma trooper Lance Schroyer to be ICE director
President Trump on Saturday said he has nominated Lance Schroyer to be the next director of U.S. Immigration and Customs Enforcement.
Germany, Denmark, Switzerland hit heat records as Europe sizzles
Germany hit a high of 106 degrees on Saturday, according to the country's national weather service.
Letlow, Fleming face off for Cassidy's seat in Louisiana GOP Senate runoff
Louisianans are voting Saturday in the state's Republican Senate runoff, as two candidates vie to replace Sen. Bill Cassidy, who did not receive enough votes in the primary to advance.
How much water does AI really use?
The heaviest demand on America's water supply isn't data centers or AI. It's from everyday uses such as growing food, watering lawns and flushing toilets.
Michigan parents charged with murder after boy found to be 250+ pounds
Two Flint Township, Michigan, parents, are facing several charges, including second-degree murder, in the death of their 7-year-old son, who was 255 pounds and abused and neglected, according to the Genesee County prosecutor.
Second Dan Sullivan eligible for ballot in Alaska Senate race, judge rules
A man with the same name and party affiliation as Alaska Republican U.S. Sen. Dan Sullivan is eligible to challenge the senator in the August primary, a judge ruled Friday.
Historian retraces Underground Railroad to mark America's 250-year journey
Anthony Cohen has spent his life bringing attention to the Underground Railroad, secret routes once used by enslaved people seeking freedom.
U.S.
More U.S.
Historian retraces Underground Railroad to mark America's 250-year journey
Anthony Cohen has spent his life bringing attention to the Underground Railroad, secret routes once used by enslaved people seeking freedom.
Second Dan Sullivan eligible for ballot in Alaska Senate race, judge rules
A man with the same name and party affiliation as Alaska Republican U.S. Sen. Dan Sullivan is eligible to challenge the senator in the August primary, a judge ruled Friday.
Trump nominates former Oklahoma trooper Lance Schroyer to be ICE director
President Trump on Saturday said he has nominated Lance Schroyer to be the next director of U.S. Immigration and Customs Enforcement.
Letlow, Fleming face off for Cassidy's seat in Louisiana GOP Senate runoff
Louisianans are voting Saturday in the state's Republican Senate runoff, as two candidates vie to replace Sen. Bill Cassidy, who did not receive enough votes in the primary to advance.
Utah declares emergency, limits fireworks as crews battle largest U.S. wildfire
Utah is restricting fireworks as the largest wildfire in the nation grows, fueled by dry conditions and gusting winds.
MoneyWatch
More MoneyWatch
Gadget prices have fallen for decades. Then AI happened.
The race to build AI data centers is leading to a global shortage of memory chips, driving up the cost of personal electronics.
Trump vows immediate 100% tariff if countries levy digital services tax
Countries that tax U.S. companies offering digital products and services would immediately face a 100% tariff on their exports to the U.S., President Trump said.
Nude portrait by Amedeo Modigliani sets record at auction
The Modigliani painting "Nu assis au collier" (Seated Nude Wearing a Necklace) sold for $63.9 million, the highest price achieved for a work by the artist sold at auction in Europe, Sotheby's said.
Apple and Microsoft are raising their prices as chip costs soar
Apple is raising the prices of some MacBooks and iPads, while Microsoft is raising Xbox prices as semiconductor costs surge.
Big Tech is spending trillions on AI. Investors want proof it'll pay off.
Technology companies are betting trillions of dollars that consumers will open their wallets for AI services. But what if Big Tech is wrong?
Politics
More Politics
Second Dan Sullivan eligible for ballot in Alaska Senate race, judge rules
A man with the same name and party affiliation as Alaska Republican U.S. Sen. Dan Sullivan is eligible to challenge the senator in the August primary, a judge ruled Friday.
Letlow, Fleming face off for Cassidy's seat in Louisiana GOP Senate runoff
Louisianans are voting Saturday in the state's Republican Senate runoff, as two candidates vie to replace Sen. Bill Cassidy, who did not receive enough votes in the primary to advance.
Buttigieg targeted by fake report to child protective services
Michigan State Police said law enforcement and Child Protective Services confirmed a report against Pete Buttigieg was unsubstantiated and false.
U.S. strikes targets in Iran after drone attack on cargo ship
The U.S. military says it hit Iranian targets over Iran's drone attack on a commercial vessel in the Strait of Hormuz, marking the first American strikes on Iran since the two countries formally agreed to extend a ceasefire last week.
Trump vows immediate 100% tariff if countries levy digital services tax
Countries that tax U.S. companies offering digital products and services would immediately face a 100% tariff on their exports to the U.S., President Trump said.
HealthWatch
More HealthWatch
Mom gets answers after fighting for diagnosis: "Something's wrong"
Michelle Williams struggled with high blood pressure and swelling for years before she was finally diagnosed with an unusual condition.
Internal emails show how RFK Jr.'s team sought to sway the CDC
A trove of emails offers a new look at how the Centers for Disease Control and Prevention navigated some of the most controversial decisions of President Trump's second term.
Chris Evert announces her ovarian cancer has returned
American tennis legend Chris Evert announced that her ovarian cancer had returned in a social media post Thursday.
Democrats to propose bill capping out-of-pocket Medicare costs for enrollees
Some Senate Democrats want to cap the amount beneficiaries in traditional Medicare have to pay toward care, but the move is expected to draw GOP opposition for potentially adding billions to Medicare costs.
Medicare's AI push snarls patients and doctors in errors and delays
Medicare is testing the use of artificial intelligence to preapprove several healthcare services.
World
More World
Germany, Denmark, Switzerland hit heat records as Europe sizzles
Germany hit a high of 106 degrees on Saturday, according to the country's national weather service.
Dissident who fled China by boat arrives in Canada, his friend says
Dong Guangping landed in Toronto following an Air Canada flight on Friday, his friend said.
Venezuela death toll rises as search for earthquake survivors continues
Venezuelans have taken the search for missing loved ones into their own hands, citing a scarcity of government rescuers.
U.S. strikes targets in Iran after drone attack on cargo ship
The U.S. military says it hit Iranian targets over Iran's drone attack on a commercial vessel in the Strait of Hormuz, marking the first American strikes on Iran since the two countries formally agreed to extend a ceasefire last week.
Convicted rapist who faked death and fled U.S. has died
Nicholas Rossi, 38, was serving at least 10 years in prison in Utah following his convictions in 2025 in two sexual assault cases.
Entertainment
More Entertainment
Entertainment
The voice behind your favorite cartoon characters
Jeff Bergman, who voices nearly all of the modern Looney Tunes cast, sits down with "CBS Saturday Morning" to talk about stepping in for Don Rickles as Mr. Potato Head in "Toy Story 5."
Kevin Morby performs "Javelin"
Kansas City-based singer-songwriter Kevin Morby has been likened to Bob Dylan and Tom Petty, with his rich, soulful lyrics across eight studio albums. His latest album, "Little Wide Open" was produced by The National's Aaron Dessner. Here's Kevin Morby performing "Javelin."
Kevin Morby performs "Badlands"
Kansas City-based singer-songwriter Kevin Morby has been likened to Bob Dylan and Tom Petty, with his rich, soulful lyrics across eight studio albums. His latest album, "Little Wide Open" was produced by The National's Aaron Dessner. Here's Kevin Morby performing "Badlands."
Kevin Morby performs "100,000"
Kansas City-based singer-songwriter Kevin Morby has been likened to Bob Dylan and Tom Petty, with his rich, soulful lyrics across eight studio albums. His latest album, "Little Wide Open" was produced by The National's Aaron Dessner. Here's Kevin Morby performing "100,000."
Danny McBride on his new book
Danny McBride's new book, "Thrilling Tales of Modern Men," explores themes of masculinity through funny and dark short stories.
Technology
More Technology
Technology
California creates AI job trend tracker
California now has the nation's first dashboard to publicly track artificial intelligence-related job trends, ones created and ones lost. As of now, early findings show no evidence of rising statewide unemployment from jobs exposed to AI. Till von Wachter, a faculty director of the California Policy Lab at UCLA, joins "The Takeout" to discuss.
Gadget prices have fallen for decades. Then AI happened.
The race to build AI data centers is leading to a global shortage of memory chips, driving up the cost of personal electronics.
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.
Apple, Microsoft announce price hikes
Apple and Microsoft announced they're hiking prices for some electronic products, including computers and XBOX consoles, citing a shortage of memory chips. CNET editor-at-large Scott Stein weighs in.
How much water does AI really use?
The heaviest demand on America's water supply isn't data centers or AI. It's from everyday uses such as growing food, watering lawns and flushing toilets.
Science
More Science
Astronomers find 2 gigantic planets lighter than cotton candy
The featherweight pair — orbiting a star 1,110 light-years away — are the biggest exoplanets found to have less density than cotton candy.
Ancient Egyptian burial site reveals centuries of changing traditions
Human and animal remains unearthed in Egypt's Nile Delta reveal changing funerary practices over some 600 years, and the evolution of a key site itself.
Telescope snaps most detailed photo yet of Milky Way's heart
Euclid is on a mission to chart one-third of the sky in the hopes of shedding light on the enduring mysteries of dark matter and dark energy.
Interstellar comet may be oldest object ever seen in solar system
Exactly where the comet 3I/ATLAS came from within the Milky Way remains a mystery.
6/21: Sunday Morning
Hosted by Lee Cowan. Featured: Birthright citizenship; the Theodore Roosevelt Presidential Library unveiled; Shooter Jennings releases recordings by his father, Waylon Jennings; comedian John Mulaney; childhood obesity; and the secrets of seahorses and seadragons.
Crime
More Crime
Michigan parents charged with murder after boy found to be 250+ pounds
Two Flint Township, Michigan, parents, are facing several charges, including second-degree murder, in the death of their 7-year-old son, who was 255 pounds and abused and neglected, according to the Genesee County prosecutor.
Billionaire Leon Black testifies on Epstein
Billionaire Leon Black testified before the House Oversight Committee on Friday. After Black ended the interview, the committee issued two subpoenas. Democratic Rep. Suhas Subramanyam of Virginia, a member of the House Oversight Committee, joins "The Takeout" to discuss this and the U.S. strike on Iran.
Minnesota fraud suspect arrested in Somalia after 4 years on the run, officials say
Abdikerm Eidleh, accused of playing a key role in the Feeding Our Future fraud scheme, was arrested in Somalia after more than four years, federal officials said.
Mistrial ruled in Palisades Fire arson case
A judge declared a mistrial in the case against a man accused of starting a fire that grew into the deadly 2025 Palisades Fire. The jury was deadlocked during deliberations. CBS News Los Angeles has more.
Convicted rapist who faked death and fled U.S. has died
Nicholas Rossi, 38, was serving at least 10 years in prison in Utah following his convictions in 2025 in two sexual assault cases.
Space
More Space
Astronomers find 2 gigantic planets lighter than cotton candy
The featherweight pair — orbiting a star 1,110 light-years away — are the biggest exoplanets found to have less density than cotton candy.
Telescope snaps most detailed photo yet of Milky Way's heart
Euclid is on a mission to chart one-third of the sky in the hopes of shedding light on the enduring mysteries of dark matter and dark energy.
Interstellar comet may be oldest object ever seen in solar system
Exactly where the comet 3I/ATLAS came from within the Milky Way remains a mystery.
Researchers find "Pink Planet" has salty clouds: "We were very surprised"
The "Pink Planet," formally known as GJ504b, was discovered in 2013 and is technically not a planet but rather a "planetary-mass companion."
NASA chief defends choice of all-male crew for Artemis III mission
NASA's Jared Isaacman says the crew was selected solely based on their experience, expertise and availability for flight assignment.
Latest Galleries
More Latest Galleries
Celebrations at Obama Presidential Center
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
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.
Summer music highlights of 2026
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.
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
Retracing the Underground Railroad route
As the U.S. prepares to mark 250 years since its start, one man is making sure Americans remember and preserve the history of the Underground Railroad. Jericka Duncan has the story.
Hezbollah rejects ceasefire deal
The leader of Hezbollah rejected the U.S.-Israel-brokered ceasefire. The deal would require Hezbollah to disarm, which Holly Williams reports would be difficult.
The voice behind your favorite cartoon characters
Jeff Bergman, who voices nearly all of the modern Looney Tunes cast, sits down with "CBS Saturday Morning" to talk about stepping in for Don Rickles as Mr. Potato Head in "Toy Story 5."
The Dish: Chef Tim Love
Chef Tim Love sits down with "CBS Saturday Morning" to share some of the inspiration for bringing bold flavors to Fort Worth, Texas.
Yellowstone National Park through a lens
In the series "USA to Z," which celebrates 250 years of American history and culture, Kelly O'Grady sits down with wildlife photographer Tom Murphy to talk about Yellowstone National Park and the importance of preservation.