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.
Home Prices
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.
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.
Taxes on Trump's $1.4 billion crypto income could total hundreds of millions
The White House declined to say how much the president paid in taxes on his crypto windfall.
Exclusive
Bessent on Trump's crypto earnings: "I don't think there's an appearance problem"
Treasury Secretary Scott Bessent touched on the recent disclosure of President Trump's crypto earnings, the latest developments with the tax-deferred Trump Accounts, and the struggles facing the U.S. economy.
Olympian David Hearn charged with destruction of property at Reflecting Pool
David Hearn is accused of ripping out a piece of sealant on the bottom of the Reflecting Pool on June 19, U.S. Attorney Jeanine Pirro said.
Live
U.S.-Iran talks pause for ayatollah's funeral after claims of progress
Negotiations between Iran and the U.S. will pause for a week for the funeral of Iran's slain supreme leader, but Trump, and mediators, say there's been progress.
McConnell still hospitalized after EMS responded to his home last month
A spokesperson said the Kentucky Republican "continues to improve."
Former CDC official: RFK Jr.'s response to measles "not based on science"
Dr. Debra Houry, who resigned in protest from the health agency, said the spread of misinformation impacted lives.
Maps show this July 4th could be hottest ever in parts of U.S.
Extremely dangerous heat, coupled with humidity, could result in heat index readings of 100 to 115 degrees from the Midwest to the East Coast, forecasters said.
Celeb planners on how MSG could become Taylor Swift's perfect wedding venue
Two elite event designers shared their thoughts on how Taylor Swift's team might transform Madison Square Garden.
Investigation
What a Brooklyn bodega reveals about the craze for an experimental weight-loss drug
It isn't approved by the FDA, but we found an experimental weight-loss drug called retatrutide for sale at a local convenience store.
U.S.
More U.S.
Exclusive
Bessent on Trump's crypto earnings: "I don't think there's an appearance problem"
Treasury Secretary Scott Bessent touched on the recent disclosure of President Trump's crypto earnings, the latest developments with the tax-deferred Trump Accounts, and the struggles facing the U.S. economy.
McConnell still hospitalized after EMS responded to his home last month
A spokesperson said the Kentucky Republican "continues to improve."
This week on "Sunday Morning" (July 5)
A look at the features for this week's broadcast of the Emmy-winning program, hosted by Jane Pauley.
Spotify removes streams of No. 1 song after suspicious Kalshi bets
Spotify said the streams tied to Malcolm Todd's "Earrings" were not from genuine listeners after suspicious betting activity emerged on Kalshi.
Kennedy Center selling $25,000 ticket package to watch D.C. July 4th fireworks
The Washington, D.C., fireworks show, which is sponsored by the Trump-backed organization Freedom 250, is not slated to begin until 10:30 p.m. or 11 p.m.
MoneyWatch
More MoneyWatch
Exclusive
Bessent on Trump's crypto earnings: "I don't think there's an appearance problem"
Treasury Secretary Scott Bessent touched on the recent disclosure of President Trump's crypto earnings, the latest developments with the tax-deferred Trump Accounts, and the struggles facing the U.S. economy.
Spotify removes streams of No. 1 song after suspicious Kalshi bets
Spotify said the streams tied to Malcolm Todd's "Earrings" were not from genuine listeners after suspicious betting activity emerged on Kalshi.
Taxes on Trump's $1.4 billion crypto income could total hundreds of millions
The White House declined to say how much President Trump paid in taxes on his crypto windfall.
StubHub accused of failing to deliver pricey World Cup tickets
Ticket reseller StubHub abruptly canceled customers' tickets to World Cup matches, costing them thousands of dollars, a lawsuit alleges.
Employers added 57,000 jobs in June, far below forecasts
June's payroll gains were much lower than the 100,000 new hires that economists had predicted.
Politics
More Politics
Former CDC official: RFK Jr.'s response to measles "not based on science"
Dr. Debra Houry, who resigned in protest from the health agency, said the spread of misinformation impacted lives.
McConnell still hospitalized after EMS responded to his home last month
A spokesperson said the Kentucky Republican "continues to improve."
Kennedy Center selling $25,000 ticket package to watch D.C. July 4th fireworks
The Washington, D.C., fireworks show, which is sponsored by the Trump-backed organization Freedom 250, is not slated to begin until 10:30 p.m. or 11 p.m.
Olympian David Hearn charged with destruction of property at Reflecting Pool
David Hearn is accused of ripping out a piece of sealant on the bottom of the Reflecting Pool on June 19, U.S. Attorney Jeanine Pirro said.
FBI orders field offices to send analysts to Atlanta for election probe
The FBI is asking for analysts to help evaluate thousands of records for a "priority" investigation ordered by FBI Director Kash Patel.
HealthWatch
More HealthWatch
Why tick season is expected to be worse than normal
The CDC is reporting the highest rate of emergency room visits from tick bites since 2017 in many parts of the U.S.
Investigation
What a Brooklyn bodega reveals about the craze for an experimental weight-loss drug
It isn't approved by the FDA, but we found an experimental weight-loss drug called retatrutide for sale at a local convenience store.
Actor Danny Glover reveals Alzheimer's diagnosis
Actor Danny Glover spoke about his Alzheimer's diagnosis in an interview with NBC's "Today" show, revealing that he has been living with the disease for several years.
Medicare to help pay for some GLP-1 drugs
Starting Wednesday, Medicare will help pay for some GLP-1 medications for weight loss. CBS News medical correspondent Dr. Celine Gounder explains what this means for patients.
New disease threats follow Trump administration's health program cuts
From screwworm to flesh-eating bacteria, mounting public health risks are emerging in the wake of deep cuts to federal health agencies and programs.
World
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Man who sold land for Kushner-backed Albania resort facing criminal probe
A man who sold land for a controversial, Jared Kushner-backed luxury development in Albania is suspected of money laundering and drug trafficking.
Security guard rescued from rubble 8 days after Venezuela earthquakes
Hernan Gil was brought out on a stretcher as elated rescuers cheered and hugged each other. He was loaded into a waiting ambulance and driven away.
Catholic Church excommunicates 6 bishops from ultra-conservative society
The Vatican says bishops from the ultra-conservative Catholic SSPX society were automatically excommunicated after ignoring Pope Leo's plea for unity.
"Once-in-a-generation" expedition launched to survey 2 legendary shipwrecks
Researchers will travel to the bottom of the North Atlantic to survey two legendary shipwrecks, once tied to a pair of iconic 19th-century polar explorers.
Live
U.S.-Iran talks pause for ayatollah's funeral after claims of progress
Negotiations between Iran and the U.S. will pause for a week for the funeral of Iran's slain supreme leader, but President Trump, and mediators, say there's been progress.
Entertainment
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Entertainment
Swift-Kelce wedding festivities kick off
Wedding celebrations are getting underway at Madison Square Garden as pop superstar Taylor Swift and Super Bowl champion Travis Kelce prepare to celebrate their wedding. CBS News' Jo Ling Kent has more.
Sources: Swift-Kelce rehearsal dinner underway
Taylor Swift and Travis Kelce's rehearsal dinner is underway at Madison Square Garden, according to two law enforcement officials directly familiar with the security planning. CBS News senior business and technology correspondent Jo Ling Kent has the latest.
Taylor Swift, Travis Kelce announce donations
Taylor Swift and Travis Kelce announced Thursday that they donated $26 million to 20 charities, hours before people began arriving at Madison Square Garden for a 100-person rehearsal dinner. Jo Ling Kent has more.
Taylor Swift and Travis Kelce donate $26 million ahead of wedding
Taylor Swift and Travis Kelce donated to 20 local and national charities ahead of their wedding Friday.
StubHub accused of failing to deliver pricey World Cup tickets
Ticket reseller StubHub abruptly canceled customers' tickets to World Cup matches, costing them thousands of dollars, a lawsuit alleges.
Technology
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Technology
Why U.S. initially restricted Anthropic AI models
The Trump administration has lifted export restrictions on Anthropic's most advanced artificial intelligence models, Fable and Mythos, after weeks of negotiations over national security concerns. CNET Editor-in-Chief David Katzmaier joins to discuss.
White House lifted AI limits, Anthropic says
Tech giant Anthropic says that the federal government has now removed restrictions from its robust Claude Fable 5 and Mythos 5 models. Axios reporter Madison Mills has more on artificial intelligence regulation.
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.
Sony to stop making physical discs for PlayStation starting in 2028
After January 2028, new games will be available exclusively in digital format from the PlayStation Store and at retailers, Sony said.
Consumers need protection from AI agents, lawmaker says
Sen. Mark Warner wants to create a federal registry of trusted AI agents and ensure autonomous bots operate like fiduciaries.
Science
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Science
New White House UFO panel chair speaks out
The White House appointed former Harvard University astronomer Avi Loeb to lead its new panel on Unidentified Anomalous Phenomena, also known as UAPs and UFOs. Loeb shares his enthusiasm for his new role.
NASA strives to save doomed telescope
NASA is in a race against time as the Swift Observatory telescope in orbit sinks closer to Earth. CBS News consultant William Harwood explains the $30 million salvage operation.
Fossil found in drawer turns out to be first dinosaur bone from Antarctica
Dinosaur fossils are rare to find in Antarctica because of the unforgiving ice caps. But millions of years ago, the region was populated by lush forests.
NASA prepares to launch rescue to save telescope from falling to Earth
The $30 million salvage operation gets underway as soon as this week with the planned launch of a robotic lifesaver.
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.
Crime
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Crime
Olympian charged over alleged D.C. vandalism
U.S. Olympian David Hearn is facing a felony charge after being accused of vandalizing the Lincoln Memorial Reflecting Pool. CBS News senior Justice Department reporter Sarah Lynch has the details.
Man charged over Reflecting Pool vandalism
Former U.S. Olympian David Hearn was indicted on Thursday on a felony charge for allegedly tearing up roughly two feet of the Lincoln Memorial Reflecting Pool last month, amid the algae blooms and political mudslinging around the president's $16 million renovation. Nicole Sganga reports.
Daredevil couple facing charges
The two daredevils who climbed the spire of the Empire State Building in New York on Wednesday are facing a litany of criminal charges. According to prosecutors, the man told police he just wanted to "do something special" for his engagement. But now, Angela Nikolau says police have taken her ring as evidence. Tom Hanson reports.
Friend on the Empire State Building climbers
The couple that scaled the Empire State Building made a court appearance on Thursday, facing charges of reckless endangerment, criminal mischief, burglary and base jumping. Anna Martinez, one of their close friends, joins CBS News to discuss.
FBI investigating legitimacy of Nancy Guthrie ransom notes
The FBI said in a statement Wednesday that some ransom notes in Nancy Guthrie's disappearance have been "deemed to be extortion attempts without legitimacy," and other "demands may potentially be legitimate and are still being investigated as such."
Space
More Space
NASA astronauts operate on space station's broken robot arm
The orbital surgery on the International Space Station returned the Canadian-built robot arm to full health after its "wrist" joint failed last month.
NASA prepares to launch rescue to save telescope from falling to Earth
The $30 million salvage operation gets underway as soon as this week with the planned launch of a robotic lifesaver.
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.
Latest Galleries
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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
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Latest CBS News Videos
6/27: CBS Weekend News
High winds and heat are fueling Utah's out-of-control wildfires; Iranian drones target Bahrain after U.S. strikes Iran.
Exclusive interview: Scott Bessent
Treasury Secretary Scott Bessent speaks with CBS News' Kelly O'Grady about stock donations for Trump accounts, the war in Iran, President Trump's $1.4 billion in crypto earnings and more.
Almost 1 year after Camp Mystic tragedy
Saturday marks one year since the catastrophic flooding that swept through Camp Mystic in Texas. Raging river water flooded the camp for young girls, killing 25 campers, two counselors and the camp's executive director. CBS News' Jason Allen reports.
Legal questions in trans athletes case
This week, the Supreme Court upheld state bans on transgender athletes in girls' and women's sports. CBS News legal contributor Jessica Levinson answers some constitutional questions about the case.
Job growth slowed in June, falling short of expectations
Hiring in the U.S. slowed in June, falling short of expectations, according to the Labor Department. CBS News producer Emily Pandise has more.