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.
Gas Prices
Apple set to unveil iPhone 14 and other gear
Tech giant also expected to introduce new watches and AirPods, but high inflation could deter buyers.
MoneyWatch: How inflation impacts insurance
As the price of goods go up, so does the cost of insuring those goods. Bankrate insurance writer and editor Cate Deventer joins "CBS News Mornings" to discuss.
"Constant threat" at nuke plant just one way Putin is weaponizing energy
As Russia tries to divide Ukraine's EU allies by cutting off the gas, Ukrainian "hostages of this war" face a winter in crumbling homes with no heat.
Midterm elections
With midterm elections just 63 days away, President Biden touted Democrats' recent congressional victories at events in the swing states of Wisconsin and Pennsylvania and continued his attacks on GOP supporters of former President Donald Trump. CBS News chief White House correspondent Nancy Cordes reports and joins Vladimir Duthiers and Lana Zak to discuss the November elections.
The "Trump effect" and the midterm elections
With just nine weeks to go before the 2022 midterm elections, former President Donald Trump has placed himself at the center of several crucial campaigns. CBS News political director Fin Gomez joined Lana Zak and Vladimir Duthiers to discuss the next tests to Trump's political influence and other factors affecting voters.
Millions travel for busy Labor Day weekend
It was a busy Labor Day weekend as one-third of the country was estimated to be traveling. The majority of those travelers hit the road as average gas prices dipped from where they were on Memorial Day. Omar Villafranca has more.
Busy Labor Day travel expected
Fewer cancellations and lower gas prices are expected for travelers this Labor Day. CBS News correspondent Omar Villafranca reports from Dallas Fort Worth International Airport.
U.S. stocks end lower for 3rd straight week, despite jobs numbers
An early morning rally fueled by slower jobs report, faded by mid-afternoon, erasing all gains.
As Russia turns off the gas, can Germany stay warm this winter?
Moscow says a major pipeline had to be shut for maintenance, but with the Ukraine war raging, Europe is racing to wean itself off Russian gas.
A Walmart Plus membership will save you money on gas, Paramount Plus and more. Is it worth it?
Become a Walmart+ member to shop exclusive sales, save money on gas, and get a subscription to Paramount+ for free.
States tap surpluses for tax cuts, rebates to offset inflation
Republicans and Democrats alike have joined the tax-cutting trend during a midterm election year.
U.S. stocks slump as investors continue to fret over Fed plans
Markets have been roiled since Fed chair's speech Friday reaffirming central bank's aggressive plans to cool inflation.
Job openings rose in July after 3 months of declines
Rate of workers quitting fell, and layoffs stayed near record low — showing employers are urgently seeking workers.
Stocks close lower, adding to Friday's steep losses
Markets lost more ground after Powell's speech last week confirming more hikes: "We must keep at it until the job is done."
Inflation cools as U.S. consumer prices rose 6.3% in July
Inflation eased last month as energy prices tumbled, according to a report closely watched by the Federal Reserve.
Powell says Fed could keep lifting rates "for some time"
While higher borrowing costs will hurt, failure to ease inflation "would mean far greater pain," Federal Reserve chief says.
The rise of side hustles amid inflation
CBS News' Anne-Marie Green and Errol Barnett talk with Alejandro Chavarria, Erin Welsh and Pamela Ortiz, who are each pursuing side hustles, as part of CBS News' Uncertain Economy series. More and more Americans are taking on extra work as they struggle to make ends meet amid rising gas and grocery prices due to inflation.
Latest GDP figure eases concern about imminent U.S. recession
New government data shows economic growth shrank at a 0.6% annual rate in the second quarter — less than initially thought.
Stocks fall sharply amid renewed inflation fears
S&P 500 suffers its biggest drop since June as investors fret over the Fed's effort to tame inflation.
U.K. inflation tops 10% on soaring food and energy costs
Britain's inflation rate soared to a new 40-year high, squeezing households. Economists expect it to get worse.
Target's profit craters after it cut prices to clear inventory
Retailer's profits plunge after it slashes prices to clear unwanted inventories of clothing, home goods and other items.
Walmart reports better-than-expected Q2 as Americans cut costs
The company is cutting prices to get rid of excess inventory after a huge shift in how Americans spend.
U.S. stocks up as investors focus on economy ahead of retail data
Walmart and Home Depot kick off a host of retail earnings reports on Tuesday, followed by Lowe's and Target.
U.S. stocks fly high, as S&P 500 ends 4th straight week of gains
Some investors believe inflation may have peaked, allowing Federal Reserve to be less aggressive with hikes.
Investigation
What's missing from the Epstein files? Here's what we found
The Justice Department says it's released "every document required by the Epstein Files Transparency Act," but CBS News has identified numerous gaps.
Live
Israel and Hezbollah agree to ceasefire, officials say
Israel and Hezbollah have reached a Lebanon ceasefire agreement after their fighting delayed progression of the U.S.-Iran deal, a diplomat tells CBS News.
Exclusive
New book details the moment a GOP lawmaker appeared to lunge at Matt Gaetz
A new book recounts one of the most rambunctious moments on the floor of the House in modern history.
Italy nixes envoy's visit as leader Meloni "stunned" by Trump's remarks
Italian outlet says after a meeting at the G7 summit, Trump said Meloni had "begged me to take a picture with her," and he "felt sorry for her."
Questions swirl after 1-year-old boy fatally shot by police in Mississippi
A police shooting in Senatobia, Mississippi, that left a 1-year-old child dead has ignited simmering tensions between police and Black residents in the small town.
Rips appear in Reflecting Pool's new surface after algae turn water green
President Trump's efforts to spruce up the Lincoln Memorial Reflecting Pool faced a snag this week, with algae turning the water green while rips appeared in an "American Flag Blue" surface picked by the president.
Tay Keith, Grammy-nominated producer, found dead in Nashville at 29
Record producer Tay Keith was found dead in his Nashville home by officers performing a welfare check, police said.
Cuba approves free-market reforms in effort to stave off economic collapse
Cuban lawmakers Thursday adopted nearly 200 historic free-market reforms aimed at rescuing the communist island from a severe crisis aggravated by a U.S. oil blockade.
Remnants of Tropical Storm Arthur flood homes and force evacuations in Gulf states
The remnants of Tropical Storm Arthur were battering parts of the southeastern U.S. with heavy rain, sparking flash flooding.
U.S.
More U.S.
Questions swirl after 1-year-old boy fatally shot by police in Mississippi
A police shooting in Senatobia, Mississippi, that left a 1-year-old child dead has ignited simmering tensions between police and Black residents in the small town.
Tay Keith, Grammy-nominated producer, found dead in Nashville at 29
Record producer Tay Keith was found dead in his Nashville home by officers performing a welfare check, police said.
Investigation
What's missing from the Epstein files? Here's what we found
The Justice Department says it's released "every document required by the Epstein Files Transparency Act," but CBS News has identified numerous gaps.
What's open and closed for Juneteenth 2026?
Juneteenth will affect banking, mail service and financial markets, although retailers and restaurants are largely staying open.
Remnants of Tropical Storm Arthur flood homes and force evacuations in Gulf states
The remnants of Tropical Storm Arthur were battering parts of the southeastern U.S. with heavy rain, sparking flash flooding.
MoneyWatch
More MoneyWatch
What's open and closed for Juneteenth 2026?
Juneteenth will affect banking, mail service and financial markets, although retailers and restaurants are largely staying open.
Less than half of Americans can afford quality healthcare, Gallup finds
Gallup found that only 49% of Americans were "cost-secure" last year, with concerns about medical bills and prescription costs rising across income groups.
Waymo recalls robotaxis after some vehicles entered construction zone
The recall follows multiple incidents in which Waymo robotaxis drove past ramp-closure signs and into freeway construction zones.
Intel shares leap after Trump announces chip deal with Apple
In a social media post, President Trump touted the U.S. government's 10% stake in Intel, noting that it is now worth $60 billion.
Gas prices fall below $4 a gallon for the first time in nearly 3 months
The national average for a gallon of regular gas in the U.S. drops to $3.99, the lowest since March 30.
Politics
More Politics
Italy nixes envoy's visit as leader Meloni "stunned" by Trump's remarks
Italian outlet says after a meeting at the G7 summit, Trump said Meloni had "begged me to take a picture with her," and he "felt sorry for her."
Exclusive
New book details the moment a GOP lawmaker appeared to lunge at Matt Gaetz
A new book recounts one of the most rambunctious moments on the floor of the House in modern history.
Investigation
What's missing from the Epstein files? Here's what we found
The Justice Department says it's released "every document required by the Epstein Files Transparency Act," but CBS News has identified numerous gaps.
Cuba approves free-market reforms in effort to stave off economic collapse
Cuban lawmakers Thursday adopted nearly 200 historic free-market reforms aimed at rescuing the communist island from a severe crisis aggravated by a U.S. oil blockade.
Latest U.S. strike on alleged drug boat kills 3 in eastern Pacific, Pentagon says
The U.S. military has attacked a boat accused of smuggling drugs in the eastern Pacific Ocean, killing three people.
HealthWatch
More HealthWatch
Air Force unit faces flu outbreak weeks after vaccine mandate dropped
Dozens of service members at Lackland Air Force Base in Texas have fallen ill with the flu in the weeks since Defense Secretary Pete Hegseth rescinded the vaccine mandate, sources familiar confirmed to CBS News.
Less than half of Americans can afford quality healthcare, Gallup finds
Gallup found that only 49% of Americans were "cost-secure" last year, with concerns about medical bills and prescription costs rising across income groups.
Busy Philipps on her late ADHD diagnosis
Actress Busy Philipps, 45, spoke up about her late attention-deficit/hyperactivity disorder diagnosis online after realizing she shared symptoms as her young daughter was evaluated and diagnosed. Women are more likely than men to be diagnosed with ADHD later in life, research shows.
Drummer rediscovers his rhythm after setback
In the "CBS Mornings" series "Pushing the Limits," Mark Strassmann shows how a Georgia man's passion for music was almost taken away from him forever after a terrible accident. But thanks to his resilience and technology, the man is now a record-breaking drummer.
Arrests of immigrant parents create mental health crisis for children
An estimated hundreds of thousands of children, many of them U.S. citizens, have been separated from a parent in the Trump administration's immigration crackdown.
World
More World
Italy nixes envoy's visit as leader Meloni "stunned" by Trump's remarks
Italian outlet says after a meeting at the G7 summit, Trump said Meloni had "begged me to take a picture with her," and he "felt sorry for her."
Mayor accused of faking her kidnapping in embezzlement scheme
Nancy Napoles denied the accusation and said she was willing to cooperate with authorities to clarify what happened.
Live
Israel and Hezbollah agree to ceasefire, officials say
Israel and Hezbollah have reached a Lebanon ceasefire agreement after their fighting delayed progression of the U.S.-Iran deal, a diplomat tells CBS News.
Cuba approves free-market reforms in effort to stave off economic collapse
Cuban lawmakers Thursday adopted nearly 200 historic free-market reforms aimed at rescuing the communist island from a severe crisis aggravated by a U.S. oil blockade.
Latest U.S. strike on alleged drug boat kills 3 in eastern Pacific, Pentagon says
The U.S. military has attacked a boat accused of smuggling drugs in the eastern Pacific Ocean, killing three people.
Entertainment
More Entertainment
Entertainment
"The War and Treaty" talk new music
Husband and wife duo Michael and Tanya Trotter, known as "The War and Treaty," talk to "CBS Mornings" about their new music, major collaborations, including with Whoopi Goldberg, and how they came up with their band's name.
Tay Keith, Grammy-nominated producer, found dead in Nashville at 29
Record producer Tay Keith was found dead in his Nashville home by officers performing a welfare check, police said.
Americans say they're reading fewer books. Here's what they're doing instead.
Many people are spending more time on screens, but also doing more physical activities, a new CBS News poll finds.
Singer Myles Smith talks debut album
Myles Smith's career skyrocketed after his hit song "Stargazing" became the biggest song by a U.K. artist worldwide in 2024. Now, he's releasing his debut album, "My Mess, My Heart, My Life," on June 19. Myles Smith joins "CBS Mornings" to discuss his rapid rise to stardom, his first album and his experience touring with Ed Sheeran.
Busy Philipps on her late ADHD diagnosis
Actress Busy Philipps, 45, spoke up about her late attention-deficit/hyperactivity disorder diagnosis online after realizing she shared symptoms as her young daughter was evaluated and diagnosed. Women are more likely than men to be diagnosed with ADHD later in life, research shows.
Technology
More Technology
Waymo recalls robotaxis after some vehicles entered construction zone
The recall follows multiple incidents in which Waymo robotaxis drove past ramp-closure signs and into freeway construction zones.
Americans on AI's future impact
A Pew survey shows 40% of Americans think AI's future impact will be negative. MIT Sloan professor Eric So joins CBS News with more details.
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.
Where to get the latest CBS Mornings Deals
On this edition of CBS Mornings Deals, we show you items that will help improve your everyday lifestyle. Visit cbsdeals.com to take advantage of these exclusive deals today. CBS earns commissions on purchases made through cbsdeals.com.
Inside an Irish town raising kids without smartphones
When parents and educators in Greystones, Ireland saw children dealing with increasing anxiety, they acted – and took phones out of the equation.
Science
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Science
Watch: Pentagon releases 6 new UFO videos
The Defense Department released a third batch of UFO files on Friday, three weeks after its second drop. These are all of the videos in the latest tranche, plus analysis from astrophysicist Avi Loeb.
Goblin shark seen alive in natural deep-sea habitat for the first time
The goblin shark had only previously been seen when caught by fishermen and they died shortly afterward.
World's largest whale graveyard found by sub at bottom of ocean
The researchers saw many strange animals — many believed to be new to science — living off the whale carcasses.
NASA names 4 astronauts for next Artemis mission
NASA's Artemis III astronauts plan to carry out rendezvous and docking procedures with commercial moon landers being built by SpaceX and Blue Origin.
Great white shark captured on video in Mediterranean in rare sighting
Great white sharks are classified as "critically endangered" in the Mediterranean Sea, and underwater sightings are incredibly rare.
Crime
More Crime
Crime
Mangione team no longer pursuing this defense
In a stunning reversal, Luigi Mangione's defense team for his New York state trial has announced it will no longer pursue a psychiatric defense. CBS News legal contributor Caroline Polisi joins with more insight.
Mayor accused of faking her kidnapping in embezzlement scheme
Nancy Napoles denied the accusation and said she was willing to cooperate with authorities to clarify what happened.
Man charged in death of girl after life sentence commuted by Kristi Noem
McKenna Wendel was last seen alive on March 14 and her body was found outside Brookings, an hour's drive north of Sioux Falls, on March 19.
Mangione's legal team drops psychiatric defense
Attorneys for Luigi Mangione, the man accused of killing UnitedHealthcare CEO Brian Thompson, dropped plans for a psychiatric defense in his state case on Thursday. CBS News legal reporter Katrina Kaufman has the details.
Man charged after toddler ends up in crocodile enclosure at zoo
Police in eastern England said a man was arrested on suspicion of attempted murder after a 3-year-old boy "ended up in the crocodile enclosure" at a zoo.
Space
More Space
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.
NASA names 4 astronauts for next Artemis mission
NASA's Artemis III astronauts plan to carry out rendezvous and docking procedures with commercial moon landers being built by SpaceX and Blue Origin.
Space station crew briefly moves to "safe haven" amid concerns over leaks
Out of an abundance of caution, NASA briefly directed five of the seven crew members aboard the International Space Station to wait inside the docked SpaceX Crew Dragon "Freedom" spacecraft.
Sun erupts with 3 solar flares, raising chances of northern lights for U.S.
Three solar flares burst from the sun this week, raising the chances of seeing the northern lights for people across the United States.
Latest Galleries
More Latest Galleries
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.
Photos show 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.
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
Mangione team no longer pursuing this defense
In a stunning reversal, Luigi Mangione's defense team for his New York state trial has announced it will no longer pursue a psychiatric defense. CBS News legal contributor Caroline Polisi joins with more insight.
Students reflect on Juneteenth
"CBS Mornings" co-host Nate Burleson sits down with a group of students to discuss what Juneteenth means to them, when they learned about it and their hopes for the future.
"The War and Treaty" talk new music
Husband and wife duo Michael and Tanya Trotter, known as "The War and Treaty," talk to "CBS Mornings" about their new music, major collaborations, including with Whoopi Goldberg, and how they came up with their band's name.
Drinking trend's impact on bourbon businesses
Currently, Kentucky's distillers have roughly 16 million barrels of bourbon sitting and aging, a record high. It comes as U.S. alcohol consumption fell last year to a 90-year low. Mark Strassmann shows how America's changing habits impact the bourbon business.
Key highlights from the Knicks parade
An estimated two million people showed up to celebrate the New York Knicks after their stunning win in the NBA Championship. CBS News' Lilia Luciano breaks down the day's key highlights.