Chasing the American Dream
A growing number of young people see themselves as "forever renters" because they can't afford to buy a home, due to short supply, higher mortgage rates, and incomes that haven't kept up with rising home prices.
Home Prices
MoneyWatch price tracker shows how much food, utility, housing costs are rising
These charts track prices consumers pay for groceries and other goods now compared to five years ago.
Property taxes are surging. See what homeowners pay by state and county.
The average U.S. property tax bill rose 3.7% last year to $4,427, outpacing inflation even as the typical home lost value.
This tip can save you tens of thousands of dollars on your mortgage
Mortgage rates have fallen to their lowest level since 2022, and now borrowers can find even lower-cost loans, experts said.
How the U.S. could bring down housing costs
A third of all American households spend more than 30% of their income on rent or mortgage payments. Jared Bernstein, a senior fellow at the Center for American Progress, joins "The Takeout" to make the case for his plan to increase the supply of affordable housing rapidly.
Foreclosure filings rising, report finds
As more U.S. homeowners struggle to keep up with mortgage payments and maintenance costs, new data shows the number of property foreclosures is steadily rising. CBS News contributor Javier David has more.
Here's how much per month it costs to own a home in the U.S.
The cost of both owning and renting a home in the U.S. is rising, according to Census Bureau data, squeezing millions of Americans.
Food prices on the rise
The U.S. economy has a case of food-flation. Wholesale prices for fresh veggies soared by a record amount last month while grocery costs were up 2.2% compared to last year. Lisa Rozner reports on how consumers are dealing with rising costs.
First-time homebuyers face affordability crisis
A recent Harvard University study found the median home price of nearly $400,000 is almost five times the average income, but three times is considered affordable -- a ratio that has skewed sharply since COVID-19. Kelly O'Grady reports.
What the latest downturn in the housing market means for buyers
In June, the median U.S. sale price for a home hit a record high of $396,000, according to Redfin.
Housing market shows signs of cooling off
For years, the U.S. housing market has boomed, pricing many out of their financial comfort zone and the market. Now, home prices are showing signs of cooling off. CBS News New York's Ali Bauman has details for buyers and sellers.
These U.S. metro areas are among the best for first-time homebuyers
Personal finance site SmartAsset ranked these cities as the best markets for first-time buyers in terms of affordability and other factors.
Young Americans feeling financial strain
Rising home prices and persistent inflation are impacting how millennials and Gen Zers feel financially. CBS News contributor Javier David explains.
Kroger customers overcharged for items on sale, Consumer Reports finds
Expired sales labels led to overcharges on more than 150 grocery items, according to an investigation led by Consumer Reports and others.
Has Trump lowered prices like he claims?
When President Trump was on the campaign trail, he promised to lower the prices of all goods on "day one" of his second term. Since he took office in January, he has repeatedly claimed that the price of energy, groceries, eggs and homes have dramatically dropped. CBS News Confirmed executive editor Rhona Tarrant fact-checks these claims.
Average mortgage rates increasing
The average rate for a standard 30-year fixed mortgage climbed to 6.83% this week. That's up a quarter of a percentage point from the week before and the highest rate in two months. CBS News MoneyWatch correspondent Kelly O'Grady breaks it down.
25 U.S. cities where $100,000 a year isn't enough to get by anymore
In these major U.S. cities, a family of three earning $100,000 would have a hard time covering basic expenses.
CEO expects home building prices to rise
With back and forth from the Trump administration on tariff plans, some home builders and buyers are raising concerns about the long-term impact on the housing industry. President and CEO of the National Association of Home Builders Jim Tobin joins "The Daily Report" with his perspective. After that, CBS News journalists ask Americans their top questions about tariffs. CBS News' Jill Schlesinger and Kelly O'Grady have answers.
What to know about the housing market
With spring selling season just around the corner, buyers may start to see a slight thaw of the real estate market. CBS News business analyst Jill Schlesinger explains.
Florida company uses new technology to help housing crisis
A Florida company says its new technology is helping to build homes faster and at a lower cost amid the impacts of climate change.
What does inflation mean for the economy?
New data out Wednesday shows U.S. inflation accelerated faster than economists had predicted in January. CBS News MoneyWatch correspondent Kelly O'Grady breaks it down.
Climate change to obliterate $1.5 trillion in U.S. home values
More than 5 million Americans will leave areas being impacted by climate change this year, according to study.
Here's how old the typical U.S. homebuyer is today
Homeowners in the U.S. are getting older as the dream of buying a house slips further out of reach for many Americans.
The Novogratz duo on home design tips
Robert and Cortney Novogratz, famous for their out-of-the-box designs that blend creativity with family living, discuss their new book, The Novogratz Chronicles. The couple shares advice on how to refresh your home decor without fear.
Examining Arizona voters' top issues
Arizona is one of the seven battleground states that will help determine the result of the 2024 presidential election. The state's Senate race could also determine the balance of power in Congress and a ballot measure will decide the state's abortion laws. Arizona Republic national political reporter Ron Hansen joins "The Daily Report" to discuss Arizonans' top issues.
Live
Israel, Lebanon extend ceasefire as Iran says it "cannot trust" U.S. in negotiations
Two days of talks in Washington between Lebanon and Israel produced an extension of the current ceasefire by 45 days.
Supreme Court rejects Virginia Democrats' bid to revive new congressional map
The Supreme Court on Friday rejected a bid by Virginia Democrats to revive its new voter-approved congressional map that was drawn to advantage the party for the upcoming midterm elections.
New York doctor who survived Ebola says he fears for healthcare workers
A New York doctor who contracted and survived Ebola more than a decade ago says he is worried for healthcare workers who are at the center of treating the latest outbreak.
Colorado governor commutes Trump ally Tina Peters' prison sentence
Colorado's governor on Friday announced he is commuting the sentence of former Mesa County Clerk Tina Peters.
Lawmakers press Trump for military support for Taiwan after Xi summit
President Trump told reporters he made "no commitment either way" to China's Xi Jinping regarding U.S. weapons sales to Taiwan.
Trump says U.S. kills Islamic State leader in Nigeria
President Trump announced Friday evening that U.S. and Nigerian military forces had killed Abu-Bilal al-Minuki, a leader in the Islamic State group.
Long Island Rail Road workers go on strike after failing to reach new contract
The strike stems from an inability to reach a deal on a new four-year contract. The MTA and unions agreed to the terms of the first three years, but disputes arose about the final year.
Prominent N.Y. synagogue targeted in alleged terror plot, prosecutors say
An Iraqi national allegedly plotted to carry out terror attacks in the U.S., including at a prominent synagogue in New York, prosecutors said Friday.
Controversial FDA official leaving drug center post in latest departure at agency
Dr. Tracy Beth Høeg, leader of the Food and Drug Administration division responsible for regulating prescription and over-the-counter drugs, is leaving her post, a senior FDA official confirmed.
U.S.
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New York doctor who survived Ebola says he fears for healthcare workers
A New York doctor who contracted and survived Ebola more than a decade ago says he is worried for healthcare workers who are at the center of treating the latest outbreak.
Controversial FDA official leaving drug center post in latest departure at agency
Dr. Tracy Beth Høeg, leader of the Food and Drug Administration division responsible for regulating prescription and over-the-counter drugs, is leaving her post, a senior FDA official confirmed.
A longtime Atlanta principal retired, then returned to his school as a handyman
David White retired as the longtime principal at the Burgess-Peterson Academy in Atlanta, and then returned to the school as its handyman.
SpaceX launches cargo ship to International Space Station
The International Space Station-bound SpaceX Cargo Dragon is loaded with 6,500 pounds of needed equipment, research gear and crew supplies.
Supreme Court rejects Virginia Democrats' bid to revive new congressional map
The Supreme Court on Friday rejected a bid by Virginia Democrats to revive its new voter-approved congressional map that was drawn to advantage the party for the upcoming midterm elections.
MoneyWatch
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Trump talks up trade deals with China, but experts see no big wins for U.S.
President Trump's trip to China could bolster economic relations, but failed to deliver a breakthrough deal, some trade and energy experts said.
Which college majors offer the best long-term return on investment?
College grads outearn people without a degree within 15 years, even after paying for tuition, study finds.
How will Jerome Powell be remembered as he exits as Fed chair?
As Powell steps down after more than eight years leading the Federal Reserve, economists say he helped steer the U.S. through historic shocks but misread inflation.
Oklahoma becomes latest state to sue Roblox over child safety concerns
Oklahoma has filed a lawsuit against Roblox, making it the latest state to take legal action against the popular gaming platform over child safety concerns.
Trump Mobile says its T1 mobile phone to ship this week
Trump Mobile's $499 gold-toned phone has faced delays since it was unveiled in June 2025.
Politics
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Trump says U.S. kills Islamic State leader in Nigeria
President Trump announced Friday evening that U.S. and Nigerian military forces had killed Abu-Bilal al-Minuki, a leader in the Islamic State group.
Controversial FDA official leaving drug center post in latest departure at agency
Dr. Tracy Beth Høeg, leader of the Food and Drug Administration division responsible for regulating prescription and over-the-counter drugs, is leaving her post, a senior FDA official confirmed.
Supreme Court rejects Virginia Democrats' bid to revive new congressional map
The Supreme Court on Friday rejected a bid by Virginia Democrats to revive its new voter-approved congressional map that was drawn to advantage the party for the upcoming midterm elections.
Trump talks up trade deals with China, but experts see no big wins for U.S.
President Trump's trip to China could bolster economic relations, but failed to deliver a breakthrough deal, some trade and energy experts said.
Lawmakers press Trump for military support for Taiwan after Xi summit
President Trump told reporters he made "no commitment either way" to China's Xi Jinping regarding U.S. weapons sales to Taiwan.
HealthWatch
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New York doctor who survived Ebola says he fears for healthcare workers
A New York doctor who contracted and survived Ebola more than a decade ago says he is worried for healthcare workers who are at the center of treating the latest outbreak.
Controversial FDA official leaving drug center post in latest departure at agency
Dr. Tracy Beth Høeg, leader of the Food and Drug Administration division responsible for regulating prescription and over-the-counter drugs, is leaving her post, a senior FDA official confirmed.
Health officials battle new Ebola outbreak
Doctors are monitoring an Ebola epidemic in Africa that may be to blame for dozens of deaths so far. Lilia Luciano reports and spoke with a U.S. doctor who recovered from the virus.
The origins of hantavirus
The deadly hantavirus outbreak on a Dutch-flagged cruise ship was caused by the Andes virus, the only known strain to spread from person to person. Rodents are known to carry hantavirus, but what's the disease's origin story? Ramy Inocencio explains.
Ebola outbreak in Congo kills dozens, Africa's CDC says
A new Ebola outbreak in a remote province in Congo has caused 65 deaths and 246 suspected cases so far, Africa CDC says.
World
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Trump says U.S. kills Islamic State leader in Nigeria
President Trump announced Friday evening that U.S. and Nigerian military forces had killed Abu-Bilal al-Minuki, a leader in the Islamic State group.
New York doctor who survived Ebola says he fears for healthcare workers
A New York doctor who contracted and survived Ebola more than a decade ago says he is worried for healthcare workers who are at the center of treating the latest outbreak.
Lawmakers press Trump for military support for Taiwan after Xi summit
President Trump told reporters he made "no commitment either way" to China's Xi Jinping regarding U.S. weapons sales to Taiwan.
U.S. reups $6M reward for American missing in Afghanistan for 12 years
Paul Edwin Overby Jr. vanished in May 2014 while researching a book in Khost province, Afghanistan, the FBI said.
Cuba's biggest threat to U.S. is collapse, says former defense secretary
In an interview with "Face the Nation," Gates said another mass exodus from Cuba is the "biggest risk."
Entertainment
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Entertainment
Inside look at "Jack Ryan: Ghost War"
John Krasinski and Michael Kelly join "CBS Mornings" to discuss reuniting for the movie, "Tom Clancy's Jack Ryan: Ghost War," after starring in the TV series "Tom Clancy's Jack Ryan" for four seasons. They discuss the movie, their friendship and how they balance it all with their busy family lives.
Previewing new season of "Couples Therapy"
Dr. Orna Guralnik speaks to "CBS Mornings" about the new season of the docuseries "Couples Therapy," which features Guralnik counseling four new couples on how to tackle issues in their relationships, including major political differences and infidelity.
Drake releases three new albums
In a surprise, Drake dropped three new albums Thursday night, including "Iceman." It's the Canadian rapper's first new music since his explosive public feud with Kendrick Lamar.
Yellowstone spinoff "Dutton Ranch" premieres
Yellowstone actors Cole Hauser and Kelly Reilly are reprising their roles as the fan-favorite onscreen couple Rip Wheeler and Beth Dutton in the newest "Yellowstone" spinoff, "Dutton Ranch." CBS News' Julianne Ferreira has more.
From the archives: Outspoken film critic Rex Reed
Film critic Rex Reed, whose clever and barbed opinions about movies – and movie stars – made him a fixture for decades in print and on television, died on May 12, 2026 at age 87. In this Feb. 4, 2018 "Sunday Morning" profile, Reed talked with Mo Rocca about how he came to live the life of an A-Lister himself. He also dispensed his unvarnished opinions about that year's best picture Oscar-nominees.
Technology
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Technology
Waymos get in Atlanta traffic jam
Atlanta residents woke up to Waymo traffic jams on Friday. The driverless cars took over a quiet cul-de-sac. Skyler Henry has more details.
Oklahoma becomes latest state to sue Roblox over child safety concerns
Oklahoma has filed a lawsuit against Roblox, making it the latest state to take legal action against the popular gaming platform over child safety concerns.
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.
How the Trump-Xi summit could impact AI race
President Trump's visit to Beijing comes as the U.S. and China compete for artificial intelligence supremacy. Matt Sheehan, senior fellow at the Carnegie Endowment for International Peace, joins with analysis.
Closing arguments held in OpenAI case
Lawyers presented closing arguments Thursday in the OpenAI trial pitting Elon Musk against its CEO, Sam Altman. CBS News legal contributor Jessica Levinson has more.
Science
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New dinosaur weighing as much as 9 elephants identified by scientists
The long-necked herbivore is the largest ever found in Southeast Asia, researchers said.
How a growing El Niño will affect 2026 hurricane season in Atlantic, Pacific
The last time an El Niño pattern occurred was in 2023, when the Eastern Pacific hurricane season produced 20 tropical systems.
NASA spacecraft to fly past Mars on voyage to rare metal asteroid
NASA's Psyche spacecraft will slingshot past Mars on Friday, on its way toward a rare metal-rich asteroid.
Emperor penguins in focus as Antarctica talks start in Japan
Greater protections for endangered emperor penguins and how to manage growing tourism are topping the agenda at talks on Antarctica in Japan.
What's in the released UFO files?
The Pentagon released UFO documents on Friday, with President Trump telling the public to "have fun" deciding for itself what is going on. Carter Evans reports.
Crime
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Crime
Terror plot foiled, suspect under arrest
A terror plot targeting Jewish institutions in New York, California and Arizona has been foiled, and a man linked to the alleged scheme is under arrest on Friday. Prosecutors say the Iraqi suspect is tied to other global attacks and claim he wanted payback for the U.S. and Israeli war on Iran. Tom Hanson reports.
Iraqi man charged with terror plot: officials
An Iraqi national was arrested and charged with planning to carry out several terror attacks in the U.S., including at a New York City synagogue and other prominent Jewish centers in Los Angeles and Scottsdale, Arizona. CBS News' Anna Schecter reports.
Sources: Iraqi national planned synagogue attacks
Federal prosecutors charged an Iraqi national on Friday with planning several terrorist attacks in the U.S. as retribution for the Iran war. CBS News' Anna Schecter has the latest.
Iraqi national accused of plotting attacks
Mohammad Baqer Saad Dawood Al-Saadi is facing federal charges for allegedly plotting several terror attacks in the U.S., including targeting a Jewish institution in New York. CBS News' Anna Schecter and Jake Rosen report.
Prominent N.Y. synagogue targeted in alleged terror plot, prosecutors say
An Iraqi national allegedly plotted to carry out terror attacks in the U.S., including at a prominent synagogue in New York, prosecutors said Friday.
Space
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SpaceX launches cargo ship to International Space Station
The International Space Station-bound SpaceX Cargo Dragon is loaded with 6,500 pounds of needed equipment, research gear and crew supplies.
NASA maps show Earth's brightest and darkest regions at night
Researchers expected to find "a gradual increase in artificial light at night," but instead saw "much more nuanced patterns," NASA said.
NASA spacecraft to fly past Mars on voyage to rare metal asteroid
NASA's Psyche spacecraft will slingshot past Mars on Friday, on its way toward a rare metal-rich asteroid.
UFO files reveal astronauts saw mysterious objects and lights in 1972
NASA's Apollo 17 crew reported seeing three mysterious dots and sparks that resembled fireworks, according to new files released by the Pentagon.
Pentagon begins releasing UFO files: "It's time the American people see"
Defense Secretary Pete Hegseth said in a statement that the documents "have long fueled justified speculation — and it's time the American people see it for themselves."
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
5/16: The Uplift
David Begnaud meets a man who has attended the Kentucky Derby for 79 years in a row – and his dying wish to make it there one last time.
Principal retires and returns as a handyman
58-year-old David White retired after 33 years in education, the last 15 spent as an elementary school principal in Atlanta. But after "just hanging out with the cat," he decided to go back to school as a handyman. Steve Hartman goes "On the Road" with the story.
Analyzing Jerome Powell's legacy
Friday marked Jerome Powell's last day as Chairman of the Federal Reserve. CBS News producer Emily Pandise takes a look at his legacy.
What role does Raúl Castro play in Cuba?
The U.S. is taking steps to indict Raúl Castro, the 94-year-old former president of Cuba, U.S. officials say. CBS News' Lilia Luciano reports.
Wife of Army soldier released from ICE
The wife of an active-duty U.S. Army soldier detained by Immigration and Customs Enforcement was released on Thursday after a month in custody. CBS News immigration correspondent Camilo Montoya-Galvez reports.