Here's how much wealth you need to thrive, based on your age
Three in four American households lack the wealth to weather financial setbacks and achieve major life milestones.
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Three in four American households lack the wealth to weather financial setbacks and achieve major life milestones.
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.
The cost of a typical starter home has never been higher. Cristian Benavides has more in "Affordability in America."
Data from the National Association of Realtors shows that 35% of single women ages 18 to 26 are buying homes compared to just 18% of single Gen Z men. However, as a whole, the age group is struggling to keep up with others when it comes to owning a home. Jessica Lautz, the deputy chief economist at the National Association of Realtors, joins "The Daily Report" to discuss.
CBS News business analyst Jill Schlesinger dives into the state of the housing market and offers tips for deciding which home renovations to invest in.
A new CBS News investigation revealed that many Florida homeowners have had their home insurance policies transferred out of the state-run insurance program, into dozens of small, private companies, without their consent or input. CBS News national correspondent Ash-har Quraishi reports.
It will mostly be business as usual for homeowners this tax season. However, new changes introduced under the "big, beautiful bill" may affect how they file.
President Trump has unveiled two policies aimed at making home ownership more affordable. One is to ban large investors from buying single-family homes and another is for the federal government to purchase $200 billion in mortgage bonds. Collin Allen, executive director of the nonpartisan American Property Owners Alliance, joins to weigh in on the plans.
Many Americans face soaring costs to heat their homes this winter. Here are some ways to lower your monthly utility bill.
Homeownership feels increasingly out of reach for many American families. A new study found that more than 75% of homes across the U.S. are unaffordable for the average household. CBS News MoneyWatch reporter Megan Cerullo has more.
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.
The American dream feels increasing out of reach as home prices have skyrocketed for years. The latest report from the National Association of Realtors shows the share of first-time home buyers has dropped to 21%. Andres Gutierrez reports from Burbank, California.
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.
An epic legal fight is brewing between President Trump and the Federal Reserve after he moved to fire board governor Lisa Cook. CBS News White House reporter Aaron Navarro has the latest. Then, Abha Bhattarai, economics correspondent for The Washington Post, and Tom Dupree, former deputy assistant attorney general, join with analysis.
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.
In May, there were 34% more sellers than buyers nationally, according to the real estate company Redfin. That is the highest rate since Redfin started gathering data in 2013. Kelly O'Grady reports.
Almost 63% of mortgage applicants are homeowners looking to refinance. Jill Schlesinger explains how low mortgage rates could help homeowners cut their costs, as part of our series Eye on Money.
Many Americans in their 20s and 30s may have given up on the dream of homeownership. Nearly half of millennial renters say they have not saved a dime for a down payment to buy a home. CBS News Business Analyst Jill Schlesinger joins "CBS This Morning" to discuss why many millennials could be permanent renters and what it means for the housing market.
Sharyn Alfonsi investigates allegation that thousands of homeowners were denied their flood insurance claims after Hurricane Sandy because of fraudulent engineer's reports.
Cities in Texas, Illinois and Florida are ranking among the best places for first-time homebuyers, according to a new report by SmartAsset. CBS News' Errol Barnett has more.
A man in Norway woke up Thursday to find a 440-foot container ship dangerously close to his front doorstep. There were no injuries, and the cause remains unknown.
Less than two weeks from the start of the Atlantic hurricane season, a new study says wind-related hurricane damage for homeowners living in southeastern coastal states could rise substantially in the coming decades. CBS News national correspondent Dave Malkoff has more.
In California, we look into efforts to deal with squatters illegally dwelling on other people’s property. Then, we explore the growing Land Back movement which aims to reconnect indigenous people with their ancestral land. Watch these stories and more on Eye on America with host Michelle Miller.
When a natural disaster strikes, it can create a financial storm for homeowners who have lost everything. Dave Malkoff reports that many are often left temporarily homeless and still obligated to pay their monthly mortgage.
One-third of Americans who rent may not realize their payments don't necessarily contribute to their credit score. Bilt Rewards offers renters the chance to report payments, earn rewards, and track mortgage progress. Founder and CEO Ankur Jain explains a new program that will give homebuyers rewards, too.
A Nepali Army spokesperson said early Saturday that helicopter operations were on hold until weather conditions improved.
Amid an ongoing trade war between Canada and the United States, President Trump last week sought to rename Lake Ontario "Lake America" by executive order.
Milo Yiannopoulos, who is British, was accused of overstaying his visa after entering the country legally in May 2019.
As the war passes the six-month mark, neither side showed any sign of backing down.
The vessel, which was in international waters near Ecuador, was allegedly used as a floating refueling station for drug boats belonging to the Los Choneros organization.
The judge delivered a victory for Stanford University's student newspaper, which said some international students were afraid to speak out because of the deportation threat.
Ukrainian President Zelenskyy suggested warehouse near a residential area hit by a Russian strike was used to store ammunition.
The ruling marks a blow to the federal government's long-delayed effort to prosecute Khalid Sheikh Mohammed, who is accused of developing the plot to crash planes into the Pentagon and World Trade Center.
William Jewell running back MicahJo Barnett, a junior majoring in business administration, died Saturday, the school said.
William Jewell running back MicahJo Barnett, a junior majoring in business administration, died Saturday, the school said.
The judge delivered a victory for Stanford University's student newspaper, which said some international students were afraid to speak out because of the deportation threat.
Amid an ongoing trade war between Canada and the United States, President Trump last week sought to rename Lake Ontario "Lake America" by executive order.
Milo Yiannopoulos, who is British, was accused of overstaying his visa after entering the country legally in May 2019.
The ruling marks a blow to the federal government's long-delayed effort to prosecute Khalid Sheikh Mohammed, who is accused of developing the plot to crash planes into the Pentagon and World Trade Center.
President Trump announced a deal to grant the U.S. control of more than 60 billion barrels of proven Venezuelan oil reserves.
Juul plans to market the new device under the brand name Juul2, along with updated versions of its tobacco- and menthol-flavored cartridges.
Trading of sports event contracts on Kalshi constitutes gambling, appeals court rules in siding with Nevada officials.
New federal labor figures forecast the fastest-growing U.S. job sectors over the next decade.
David Booth, the founder of Dimensional Fund Advisors, says the key to investing — and life — is to stay calm in the face of uncertainty.
The judge delivered a victory for Stanford University's student newspaper, which said some international students were afraid to speak out because of the deportation threat.
Milo Yiannopoulos, who is British, was accused of overstaying his visa after entering the country legally in May 2019.
The ruling marks a blow to the federal government's long-delayed effort to prosecute Khalid Sheikh Mohammed, who is accused of developing the plot to crash planes into the Pentagon and World Trade Center.
He was placed on unpaid leave from his job at the White House after it was determined he used his position to make bets on what President Trump would say in speeches.
President Trump announced a deal to grant the U.S. control of more than 60 billion barrels of proven Venezuelan oil reserves.
Marc Gaudisosi thought his symptoms were caused by a sinus infection. Then an urgent care told him to go to the hospital.
Juul plans to market the new device under the brand name Juul2, along with updated versions of its tobacco- and menthol-flavored cartridges.
Caused by parasites spread via Anopheles mosquitoes, malaria can cause symptoms including nausea, headache and intense waves of fever and chills.
U.S. officials have confirmed cases of a parasitic illness tied to lettuce in three more states: Georgia, Tennessee and Texas.
Patients taking the first-of-a-kind pill, called daraxonrasib, lived for a median of 13.2 months compared with 6.7 months for chemotherapy recipients, studies showed.
Amid an ongoing trade war between Canada and the United States, President Trump last week sought to rename Lake Ontario "Lake America" by executive order.
Ecstasy pills shaped to look like President Trump contain a high concentration of the chemical PMMA, which could potentially be lethal, a Dutch institute said.
The vessel, which was in international waters near Ecuador, was allegedly used as a floating refueling station for drug boats belonging to the Los Choneros organization.
Ukrainian President Zelenskyy suggested warehouse near a residential area hit by a Russian strike was used to store ammunition.
A Nepali Army spokesperson said early Saturday that helicopter operations were on hold until weather conditions improved.
Rescue efforts in Nepal, high inflation six months after the Iran war started, plus Dolly Parton's Imagination Library brings books to young readers.
Dolly Parton's Imagination Library charity has brought books to thousands of small hands eager to read. Parents of children who were gifted books through the charity praise the late singer, emphasizing their gratefulness.
Amazon Books editorial director Sarah Gelman discusses some of the most hotly anticipated books of the fall.
Tonight, Nashville's Grand Ole Opry will remember Dolly Parton in a star-studded tribute. The beloved country singer was also celebrated for her humanitarian efforts, including her Imagination Library charity, which promoted literacy for young readers. The Dollywood Foundation president Jeff Conyers joined "CBS Saturday Morning" to speak on Dolly's generous soul.
Nashville based singer-songwriter and two-time Grammy nominee Maggie Rose is known for her genre-blending sound and extraordinary voice. Her new album "Half Moon" explores the thrill and uncertainty of new motherhood. Here's Maggie Rose with "Gentle Man."
Tech giant Meta settled a series of multistate social media addiction lawsuits, agreeing to pay out up to $17 billion. In addition, Meta will roll out some changes to its portfolio of social media apps, including Instagram, Facebook and others.
Employee attitudes toward AI are closely tied to their age and generational concerns, according to Glassdoor.
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.
Hospitals, technology firms and other companies could soon be at risk from AI-enabled cyberattacks, according to a new open letter from more than 100 signatories.
Microsoft founder and computer pioneer Bill Gates changed the world forever with his technological innovation. Now, Gates is warning that the development of artificial intelligence without strong oversight and regulation could threaten society as we know it. MIT professor Max Tegmark shares his concerns.
Marmots, not bears, are the largest "true" hibernating mammal, UCLA marmot researchers Katie Adler and Emily Renkey say. The two share more fun facts about these cute creatures and explain how to vote for the fattest marmot.
NASA's new telescope could change the way we see space. With a wide-field camera that will reveal an area up to 200 times larger than the Hubble Space Telescope, and an orbit a million miles from Earth, the Nancy Grace Roman telescope is expected to find tens of thousands of unknown exoplanets.
The Great Smoky Mountains National Park told visitors Tuesday that invasive Joro spiders "may be hanging in a web near you."
July was the hottest month ever in the Lower 48 States – another escalation of our world into a hotter, more dangerous planet, where extreme weather events – such as heat waves, wildfires and hurricanes – will become more common and more extreme.
July was the hottest month ever in the Lower 48 States, breaking a record last set during the Dust Bowl – just another step in the escalation of our world into a hotter, more dangerous planet. Correspondent Jonathan Vigliotti talks with climate journalist Jeff Goodell and atmospheric scientist Maria Molina about how changes in Earth's climate are increasing the likelihood that extreme weather events – such as heat waves, wildfires and hurricanes – will become more common and more extreme.
Attorneys finalized jury instructions with the judge Friday after witness testimony wrapped Thursday in the trial of Duane Davis, also known as "Keefe D," who's accused of orchestrating the drive-by shooting that killed Tupac Shakur in 1996. Davis has denied the allegations. CBS News' Katrina Kaufman has more.
The jury in the trial of Lindsay Clancy, the woman accused of murdering her three young children, is still deliberating on whether to accept her postpartum psychosis defense. Shanelle Kaul reports and Caroline Polisi provides legal analysis.
British right-wing political commentator Milo Yiannopoulos, who supported President Trump's agenda, is being held by ICE for allegedly overstaying his visa. Nancy Cordes has the details.
Jurors went home for the weekend Friday with deliberations set to resume Monday morning in the trial of Lindsay Clancy. Clancy has admitted to killing her three young children, but is arguing she was suffering from postpartum psychosis. CBS News' Shanelle Kaul has more.
The jury in the Lindsay Clancy murder trial went home Friday after asking questions about Clancy's medication and the knife used in her suicide attempt. CBS News correspondent Shanelle Kaul reports.
The $4.3 billion telescope is expected to discover tens of thousands of exoplanets while probing the nature of mysterious dark matter and energy.
President Trump plans to award the Congressional Space Medal of Honor to the crew of NASA's Artemis II mission in a ceremony Aug. 28.
The mission to save NASA's sinking space telescope has been called off, dooming the telescope to a fiery reentry later this year.
A NASA spacecraft circling the moon is providing the sharpest views yet of the crater carved by a crashing SpaceX rocket.
The newly discovered object looks like a star the size of our solar system, but produces 100 billion times more energy than any star.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Dolly Parton, the country music legend who became a feminist icon, has died at the age of 80. Here is a look back at her life in pictures.
Sylvie Cachay was found dead in an overflowing bathtub at the exclusive Soho House in New York City on Dec. 9, 2010. A water leak at the hotel gave away a timeline that may have revealed her killer.
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.
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
Val and Carolyn Cantú reimagine Mexican cuisine at San Francisco restaurant Californios, which has earned three Michelin stars for its 12-course tasting menu.
Rescue efforts in Nepal, high inflation six months after the Iran war started, plus Dolly Parton's Imagination Library brings books to young readers.
Haitian-born designer Pierre Laborde can't make his popular bags fast enough to keep up with intense demand. Eager shoppers queue outside of a weekly market in New York City to try to buy one of his bags.
Dolly Parton's Imagination Library charity has brought books to thousands of small hands eager to read. Parents of children who were gifted books through the charity praise the late singer, emphasizing their gratefulness.
Amazon Books editorial director Sarah Gelman discusses some of the most hotly anticipated books of the fall.