Home prices across the U.S. hit an all-time high
Sky-high housing prices make even starter homes too expensive for most Americans, housing data show.
Home Prices
Starter Homes are a Million Bucks Now
Starter homes now cost $1 million in many parts of the country, leaving younger generations wondering whether homeownership is still a realistic goal. Jill asks whether buying a house should remain a cornerstone of the American dream, or if the idea itself has become outdated. Plus, caller questions: Dorian is feeling the financial strain of wedding season as travel costs, gifts and pricey trips pile up. And Andrew, a new dad, wants to know whether now is the right time to buy term life insurance. Have a money question? Email askjill@jillonmoney.com.
Don't Buy a House Together Until You Hear This
Caller Aaron has a family mess on his hands: his cousin bought a house with a girlfriend; they broke up, and now his cousin's credit is still tied to the property while the ex continues living there and refuses to refinance. Jill explains exactly what to do before buying a major asset with someone you're not married to. Plus, Jill breaks down the new student loan rules that took effect on July 1, 2026, how parents and prospective students should navigate the new rules and why taking on debt for college may not be worth it anymore. Have a money question? Email askjill@jillonmoney.com.
Save money on your home renovation projects
The price of buying a home is higher than ever, but the expenses don't stop there. Most homes will need repairs. Kelly O'Grady provides money-saving tips for your next project.
Household growth fell in 2025, study finds
A new study shows high costs and short supply are hurting the U.S. housing market. Harvard University's State of the Nation's Housing 2026 report found that household growth, the net change in the total number of occupied housing units or households from year to year, slowed for the third straight year in 2025. Chris Herbert, the managing director of the Harvard Joint Center for Housing Studies, joins "The Daily Report" to discuss.
Prospective homeowners delaying purchases
The cost of a typical starter home has never been higher. Cristian Benavides has more in "Affordability in America."
242 U.S. cities have $1M starter homes: Zillow
Online real estate marketplace Zillow found that 242 U.S. cities now have starter homes worth $1 million or more, nearly triple the number of cities reported in 2020. The company defines a starter home as one in the lowest third of home values in a given region. CBS News MoneyWatch reporter Megan Cerullo has more.
Zillow: 242 cities have $1 million starter homes
The dream of home ownership is becoming more elusive for some first-time buyers. Zillow found that a record 242 cities have starter homes valued at $1 million or more. Orphe Divounguy, senior economist at Zillow, joins "The Takeout" to discuss.
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.
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.
Trump revisits disputed claims about election security and declassifies documents
In a primetime address, President Trump alleged the U.S. election system falls "catastrophically short," revisiting a topic that has drawn his attention for years — and making claims that election experts have heavily disputed.
Fact checking Trump speech on election security
President Trump is delivering a speech on election security Thursday night at the White House.
Universities get funding from foreign entities on U.S. watch lists, records show
The State Department is cracking down on universities accepting funding from foreign entities on U S. government watch lists.
Thousands of election-focused workers cut during Trump's 2nd term
Since the beginning of his second administration, the government has cut thousands of workers who were tasked with ensuring secure elections in the U.S.
Live
U.S. concludes another night of Iran strikes amid battle over Strait of Hormuz
Iran said it would attack "all infrastructure in the region" if President Trump follows through on his threats to attack Iranian civilian infrastructure.
Cyclosporiasis outbreak possibly traced to lettuce from Mexico used by Taco Bell
A lettuce supplier to fast-food giant Taco Bell is being investigated as a possible source for a nationwide cyclosporiasis outbreak that has sickened thousands of people.
Trump falsely alleges voting machines are "vulnerable" and "easily compromised"
President Trump alleged voting machines and ballot-counting systems are "extremely exposed to attack" — but experts say voting machines are subject to intense controls.
Maps show wildfire smoke forecast, air quality alerts in swath of U.S.
Heavy smoke from several large wildfires blazing in Canada and Minnesota is engulfing large swaths of the Midwest and Northeast U.S. this week.
At least 2 dead in Central Texas flooding as torrential rain slams region
More than a foot of rain has fallen since Monday, triggering dangerous flash flooding in Central Texas.
U.S.
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Trump revisits disputed claims about election security and declassifies documents
In a primetime address, President Trump alleged the U.S. election system falls "catastrophically short," revisiting a topic that has drawn his attention for years — and making claims that election experts have heavily disputed.
Trump falsely alleges voting machines are "vulnerable" and "easily compromised"
President Trump alleged voting machines and ballot-counting systems are "extremely exposed to attack" — but experts say voting machines are subject to intense controls.
Fact checking Trump speech on election security
President Trump is delivering a speech on election security Thursday night at the White House.
Blanche holds meeting with Epstein accusers after Tillis' request
Acting Attorney General Todd Blanche met with accusers of Jeffrey Epstein following a demand to do so by a Republican senator whose support is crucial to advancing his nomination to lead the Justice Department.
Dozens of Marineland's whales coming to U.S. through rescue plan
Dozens of beluga whales are set to be relocated from the shuttered Canadian theme park to aquariums across the United States through an international emergency rescue effort, officials said.
MoneyWatch
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Trump Media to sell faster access to president's Truth Social posts
"Markets already move on Truth Social posts," the company's chief executive said in the Truth API announcement.
Airlines say permanent daylight saving time won't be simple
Adjusting to permanent daylight saving time would cause significant disruptions to schedules and operations, an airline trade group said.
Teleprompter operator made over $100K betting on Trump speeches
After detecting suspicious activity on the teleprompter operator's account, Kalshi investigated and then referred the case to federal regulators.
Nearly 736,000 Pillsbury rolls recalled over possible glass contamination
The recall includes cases of Pillsbury "Hard Roll Dough" and "Kaiser Roll Dough" bread rolls, which are marketed to businesses.
Foreclosures surged 21% in the first half of 2026, new data shows
The state with the biggest jump in foreclosure activity was Idaho, where filings increased 59% compared to the same time last year.
Politics
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Trump revisits disputed claims about election security and declassifies documents
In a primetime address, President Trump alleged the U.S. election system falls "catastrophically short," revisiting a topic that has drawn his attention for years — and making claims that election experts have heavily disputed.
Trump falsely alleges voting machines are "vulnerable" and "easily compromised"
President Trump alleged voting machines and ballot-counting systems are "extremely exposed to attack" — but experts say voting machines are subject to intense controls.
Fact checking Trump speech on election security
President Trump is delivering a speech on election security Thursday night at the White House.
Blanche holds meeting with Epstein accusers after Tillis' request
Acting Attorney General Todd Blanche met with accusers of Jeffrey Epstein following a demand to do so by a Republican senator whose support is crucial to advancing his nomination to lead the Justice Department.
Thousands of election-focused workers cut during Trump's 2nd term
Since the beginning of his second administration, the government has cut thousands of workers who were tasked with ensuring secure elections in the U.S.
HealthWatch
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HealthWatch
FDA approves new cholesterol pill
The FDA has approved a new daily cholesterol pill that works differently from popular statins and may deliver better results for some people. Dr. Corey Bradley, a cardiologist at Columbia University's Irving Medical Center, joins "CBS Evening News" to discuss.
FDA names likely cyclosporiasis source
The FDA has identified Taylor Farms as the likely source of lettuce contaminated with the parasite behind cyclosporiasis, as the outbreak grows. Mark Strassmann reports.
Cyclosporiasis outbreak possibly traced to lettuce from Mexico used by Taco Bell
A lettuce supplier to fast-food giant Taco Bell is being investigated as a possible source for a nationwide cyclosporiasis outbreak that has sickened thousands of people.
Doctors question plan to screen military members for low testosterone
Doctors raised a range of concerns about a testosterone screening policy announced by Defense Secretary Pete Hegseth, which is likely to be costly to implement.
Introducing Norah O'Donnell's new health podcast
"Healthful with Norah O'Donnell" launches July 22.
World
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Dozens of Marineland's whales coming to U.S. through rescue plan
Dozens of beluga whales are set to be relocated from the shuttered Canadian theme park to aquariums across the United States through an international emergency rescue effort, officials said.
U.S. designates cartel on Texas border as foreign terrorist organization
The Juárez Cartel and Los Viagras joined six other Mexican criminal organizations that the U.S. considers terrorist groups.
Climate extremes fuel explosive wildfires in Canada and western U.S.
One climatologist said "a perfect storm" of climate extremes primed the western U.S. for one of its worst fire seasons in a decade. Meanwhile, Canadian wildfire smoke fills the air.
Councilwoman shot, husband killed in Mexico near U.S. border
Maria de Jesus Quijada was shot at while traveling in a vehicle with her family. Her husband did not survive.
From Balogun's red card to an upset run, some of the World Cup's biggest stories
Spain is looking to secure a World Cup victory for the first time in 16 years, and Argentina enters Sunday hoping to become back-to-back champions.
Entertainment
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Entertainment
From the archives: Pat Oliphant and the art of political cartoons
Pulitzer Prize-winning cartoonist Pat Oliphant, whose acidic drawings skewering political figures were syndicated in as many as 500 publications around the world, died on July 13, 2026 at age 90. In this April 16, 2000 "Sunday Morning" story, Oliphant talked with Morley Safer about caricature, censorship, and the influence of the first great political cartoonist, 19th century French master Honoré Daumier, whose grotesque drawings of King Louis Philippe led to a curtailment of press freedom in France in 1835.
George Santos to try hand as contestant in grueling TV reality show
George Santos has worn many hats: swindler, congressman, prison inmate, podcast host. The obvious next gig? Reality TV show contestant.
"Jurassic Park" star Sam Neill's cause of death revealed
The actor's agent said he was providing more information following news reports "which contain inaccuracies and outright falsehoods."
Behind the "Better in Person" talk show
Author and journalist Stephen Dubner, who rose to fame when he co-wrote The New York Times bestseller "Freakonomics," talks with "CBS Mornings" about launching his own weekly talk show on YouTube, "Better in Person." Dubner discusses how the show got its start, his wide range of guests and why he decided to self-finance it.
Insider at "The Wolf of Wall Street" firm opens up: "My lifestyle was insane"
The Paramount+ documentary "The Real Wolf of Wall Street" gives an inside look at Jordan Belfort's scandal-ridden firm, Stratton Oakmont.
Technology
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Technology
Erin Brockovich on data center regulation
New York is now the first state to temporarily ban data center construction, paving the way for others to follow suit. Environmental advocate Erin Brockovich joins "The Takeout" to discuss.
Mayor to homeowner losing sleep over data center plant: "Consider selling"
Noise from a Mississippi plant powering Elon Musk's xAI data centers in the area is causing migraines, ringing ears and sleepless nights, residents say.
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.
Mississippi residents decry data center plant
Residents of Southaven, Mississippi, are sounding off about a data center plant powering Elon Musk's xAI data centers in the area, likening the constant noise to being tortured.
Meta announces new safety features
Meta announced it is introducing new features to help protect teens using Instagram, Facebook and WhatsApp, including alerting a parent if their child discusses self-harm with one of its AI chatbots. Kelly O'Grady explains.
Science
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Science
How AI data centers impact the environment
New York has become the first state to impose a temporary moratorium on data center development while state lawmakers lay the groundwork to assess environmental and social impacts. Dr. Mike Weinstein, the director of sustainability at Southern New Hampshire University, explains what we know about the wider environmental impact data centers.
Russian Soyuz rocket launches fresh crew to space station
The new crew will replace three other Soyuz fliers wrapping up a 240-day stay aboard the International Space Station.
Astronomer's name deciphered from ancient Mayan ruins for first time
The name "White-chested Fox" was found in drawings dating from 400 BC to 900 AD at the San Bartolo-Xultun archaeological site.
Disclosure Foundation head on new UFO files
The Pentagon on Friday released a new batch of UFO files, spanning 19 videos and more. Jordan Flowers, executive director of the Disclosure Foundation, joins CBS News to discuss.
Watch: Pentagon releases 19 new UFO videos
The Defense Department released a fourth batch of UFO files on Friday, nearly one month after its third drop. These are all of the videos in the latest tranche, plus analysis from astrophysicist Avi Loeb.
Crime
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U.S. designates cartel on Texas border as foreign terrorist organization
The Juárez Cartel and Los Viagras joined six other Mexican criminal organizations that the U.S. considers terrorist groups.
Woman speaks in support of Blanche at hearing
Antioch, Illinois, mother Jennifer Bos voiced her support for Todd Blanche at his confirmation hearing to become attorney general. Bos advocates for stricter immigration policy after her daughter was allegedly murdered by an illegal immigrant.
Sons of man killed by ICE agent speak out
Ronaldo Salgado and Lorenzo Salgado Jr., the sons of the Mexican man who was shot and killed by an ICE agent in Houston, spoke to CBS News' Camilo Montoya-Galvez about their father's death.
New details emerge in Nolan Wells case
Newly obtained GPS data from the Mississippi Department of Marine Resources tracks the movements of the boat that Mississippi teen Nolan Wells was on before he went missing. Wells was found dead after a Fourth of July boat trip to Horn Island with friends. CBS News' Anna Schecter has the latest on the investigation.
Councilwoman shot, husband killed in Mexico near U.S. border
Maria de Jesus Quijada was shot at while traveling in a vehicle with her family. Her husband did not survive.
Space
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Meteorite that hit home contains "alien world chemistry," experts say
When scientists examined the preserved fragments of a meteorite that crashed in 2024, they found brine-like fluids and key molecules.
Russian Soyuz rocket launches fresh crew to space station
The new crew will replace three other Soyuz fliers wrapping up a 240-day stay aboard the International Space Station.
Astronomers discover sugar in space that's also found in raspberries
The sugar, called erythrulose, lurks in what's called the interstellar medium: thin clouds of gas and dust littered between stars.
Telescope spots most distant quasars ever discovered
Quasars — the brightest objects in the universe — are powered by supermassive black holes at the heart of early galaxies.
Mission launched to rescue a falling space telescope
Katalyst Space's LINK spacecraft is designed to capture and boost NASA's Swift observatory back to a safe altitude.
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.
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.
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?
Timeline: The disappearance of George Smith
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Latest CBS News Videos
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Latest CBS News Videos
Trump speaks on elections | Special Report
President Trump on Thursday delivered a primetime address about election security where he railed against China. Tony Dokoupil anchored CBS News' special report.
Doctor on wildfire smoke health risks
Millions of Americans across the Northeast and Midwest were under air quality alerts this week as smoke from Canadian and Minnesota wildfires settled in. At the same time, some of those same areas saw severe heat. CBS News medical correspondent Dr. Céline Gounder has more.
Sen. Warner slams Trump's primetime speech
Sen. Mark Warner joins CBS News with his reaction to President Trump's primetime address on Thursday about U.S. election security.
Trump rails against China in primetime speech
President Trump addressed the U.S. in a primetime speech on Thursday night about election security, launching allegations against China. Tony Dokoupil anchored CBS News' special report.
Judge slams Trump, DOJ over IRS lawsuit
This week, a federal judge slammed President Trump, his lawyers, and the Justice Department over the president's lawsuit against the Internal Revenue Service. CBS News legal contributor Jessica Levinson has more details and analysis.