Tips for buying a home
Mortgage rates soared to their highest level of the year this week, according to Mortgage News Daily. Holden Lewis, a home and mortgage reporter for NerdWallet, joins CBS News with tips on buying a home.
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Mortgage rates soared to their highest level of the year this week, according to Mortgage News Daily. Holden Lewis, a home and mortgage reporter for NerdWallet, joins CBS News with tips on buying a home.
Homeowners are paying around $15,000 per year on top of their mortgage, according to data from Bankrate. Greg McBride, the chief financial analyst for Bankrate, joins CBS News with a look at the rising costs of owning a home.
The annual inflation rate hit 3.5% in March, the highest since September. Martin Baccardax, senior editor and chief markets correspondent at "TheStreet," joins CBS News to examine what's behind the increase and what it means for interest rate cuts.
Inflation is moving sideways, remaining above 3% for the first three months of 2024. Here's how that could impact your finances.
The Consumer Price Index rose 0.4% last month largely due to the cost of rent and gas. Prices are up 3.5% over the past 12 months, and the latest numbers cast doubt on interest rate cuts. CBS News business analyst Jill Schlesinger has more.
The buying price of gold futures has hit multiple record highs this year, rising more than 14% in value since Jan. 2. Campbell Harvey, professor of finance at Duke University, joins CBS News to explain what's motivating buyers.
One Fed official on Thursday said if the economy continues to demonstrate strength, "Why would we cut rates?"
Tesla has reclaimed the title of largest electric vehicle seller in the world, so why did its stock fall 5% on Tuesday? Rebecca Elliott, reporter for The Wall Street Journal, joins CBS News to discuss.
The Federal Reserve kept interest rates steady on Wednesday, but officials still anticipate cuts later this year despite two straight months of higher-than-expected inflation. Nick Timiraos, chief economics correspondent at The Wall Street Journal, joins CBS News to discuss the Fed's path forward.
On Wednesday, President Biden unveiled an $8.5 billion agreement with tech giant Intel in Arizona. The funding is part of the CHIPS Act and will create 30,000 manufacturing and construction jobs. Jared Bernstein, White House economic adviser, joins "America Decides" to discuss.
The Federal Reserve will announce its decision on interest rates Wednesday as the U.S. continues to combat inflation. CBS News senior business and technology correspondent Jo Ling Kent breaks down what to know before the announcement.
The Federal Reserve announced Wednesday it's leaving the central bank's benchmark interest rate unchanged for now as the U.S. economy shows some signs of inflation persisting in certain sectors. CBS News contributor J.D. Durkin joins business analyst Jill Schlesinger with more on the news.
The Federal Reserve could cut interest rates Wednesday afternoon, though early reports indicate there won't be any major reduction. For more on the announcement, CBS News was joined by Kristin Myers, editor-in-chief for ETF.com, a company that helps investors and advisers.
In a move to combat rising inflation, interest rates have soared to their highest in nearly a quarter-century. The Federal Reserve is concluding a two-day policy meeting today. Their decisions could significantly impact borrowing costs for consumers.
CD laddering can help you maximize your returns and ensure liquidity, but is the right move to make today?
The Vanguard Group said new data showed around 13% of its customers took out a loan on their 401(k) retirement funds in 2023. Elizabeth O'Brien, senior personal finance reporter at Barrons, joins CBS News to discuss the pros and cons of tapping into your 401(k).
Consumer prices climbed again in February, according to a new U.S. Bureau of Labor Statistics report. Jeanna Smialek, Federal Reserve and economy reporter for The New York Times, joins CBS News to discuss if the increase could change the Fed timeline for a rate drop.
The U.S. economy added 275,000 jobs in February and the unemployment rate unexpectedly rose to 3.9% from 3.7%, according to data released Friday. CBS News business analyst Jill Schlesinger and Daniel Zhao, a lead economist and senior manager at Glassdoor, join CBS News with a look at the numbers.
Higher interest rates and heavy government spending is leading to ballooning interest payments on the nation's debt.
While inflation has shown signs of cooling, mortgage rates and home prices are still stubbornly high, making it challenging for many Americans to buy homes. Elise Preston reports.
Treasury Secretary Janet Yellen sat down with Jo Ling Kent in the battleground state of Michigan for an exclusive interview about the concerns many Americans continue to have about high prices. This comes after inflation rose again in January at a higher rate than expected.
After a hotter-than-expected inflation report on Tuesday, economists now believe the Fed could postpone its first rate cut. Here's what to know.
The three major stock indexes fell more than one percentage point each Tuesday after a government report showed inflation remained stubbornly high in January. CBS News contributor Javier David joins to unpack the figures.
Although the rate of inflation still appears to be declining, in January it did not cool as targeted. Heather Boushey, a member of President Biden's Council of Economic Advisers, joins CBS News with the administration's reaction to the fresh data.
In a rare interview, Federal Reserve Chair Jerome Powell signaled the U.S. is nearing a long-awaited shift toward cutting interest rates. He shared more on timing and what he's waiting for.
The wildfire, which has torn through Palo Pinto and Jack counties, forced evacuations, closed roads and disrupted schools.
The TSA is not prepared to eliminate all liquid restrictions, and the existing rule limiting other carry-on liquids to 3.4 ounces remains in effect.
Zion Mitchell, 21, was arrested earlier this month and faces firearms and assault charges after he admitted he pointed his gun at a fellow National Guard member.
The tech giant is expected to reveal its first foldable iPhone, as well as the iPhone 18 and upgrades to other devices.
A teen was found alive, clinging to a capsized fishing boat in the Bering Sea, after the vessel went missing over the weekend. Two other boaters were found dead.
The tech giant is expected to reveal its first foldable iPhone, as well as the iPhone 18 and upgrades to other devices.
A top Anthropic researcher says there's more than a 10% chance AI "could kill all humans," after a colleague resigned over similar concerns.
The Trump administration moved Tuesday to ban imports of Canadian motorcycles, some dairy products and most types of alcohol starting later this month, intensifying the trade war between the two countries.
Apple's Sept. 9 tech showcase is set to feature new CEO John Ternus unveiling its first foldable iPhone and the iPhone 18.
President Trump threatened to ban Bombardier sales in the U.S. as Canada's retaliatory tariffs take effect. Here's what to know about the aircraft maker.
Zion Mitchell, 21, was arrested earlier this month and faces firearms and assault charges after he admitted he pointed his gun at a fellow National Guard member.
Republicans are fighting to hold onto their majority in the Senate, where the GOP currently controls 53 seats. To take control, Democrats would need to net four seats in November's election.
A White House spokesperson said in a statement on Wednesday that Mr. Trump "has a longstanding practice of giving Christmas gifts to people in his orbit."
Rep. Jamie Raskin launched an investigation last month into the president's son's investment firm and its "almost clairvoyant" business moves.
The incumbent governor and the mayor of Providence may be ousted by their Democratic challengers.
Amid a national blood supply crisis, Dr. Courtney Lawrence sat down with Norah O'Donnell to talk about donating blood, health myths and more.
Children in immigrant families are facing multiple health threats from President Trump's policies.
New York City officials released thousands of previously unseen documents questioning the air quality at Ground Zero following the 9/11 attacks.
Experts discuss the symptoms, diagnosis and stigma surrounding postpartum psychosis (not to be confused with postpartum depression), a psychiatric emergency with symptoms that can be extreme and dangerous, as testified in the trial of Lindsay Clancy.
Postpartum psychosis (not to be confused with postpartum depression) is a psychiatric emergency with symptoms that can be extreme and dangerous, as testified in the trial of Lindsay Clancy. Correspondent Faith Salie talks with experts about the symptoms, diagnosis and stigma surrounding postpartum psychosis; and with a mother whose experience of hallucinations and distorted reality soon after giving birth threatened her and her family.
Israel's leader says a report claiming the UAE warned him in advance of Hamas' 2023 terror attack is politically motivated lies, but it's fueling fierce pre-election furor.
A top Anthropic researcher says there's more than a 10% chance AI "could kill all humans," after a colleague resigned over similar concerns.
Many of the paintings in the tomb have retained their original colors despite spending more than 40 centuries buried beneath the desert sands, officials said.
The price of crude oil hit a 15-week high after the U.S. said it blew up 5 more Iranian oil tankers, triggering retaliation from Tehran.
Police say fewer people in London are getting their phones stolen by criminals speeding by on bikes and mopeds thanks to a dedicated task force with an "eye in the sky."
Rock stars Alice Cooper and Joe Perry of Aerosmith formed the supergroup Hollywood Vampires. They join "CBS News 24/7 Mornings" to discuss how the band came together.
New York Fashion Week kicks off this week showing the Spring collections. Lauren Sherman has more on what to expect.
Busta Rhymes sits down with "CBS Mornings" to talk about his new album, "Dillagence II," and J Dilla's legacy after the rapper's shocking death in 2006.
Robert De Niro and his longtime business partner, Jane Rosenthal, join "CBS Mornings" to discuss founding the Tribeca Festival after the 9/11 attacks and a new Netflix documentary about the event, "Tribeca 25," which premieres Friday.
Stella Parton sits down with Gayle King for her first interview since her sister Dolly's death in late August. The full interview airs Thursday, Sept. 10, on "CBS Mornings."
The tech giant is expected to reveal its first foldable iPhone, as well as the iPhone 18 and upgrades to other devices.
Anthropic researcher Jacob Coxon quit his job, alleging that neither Anthropic nor OpenAI is acting ethically and that the two tech giants are aware they are "gambling with our lives." CBS News' Jo Ling Kent has more on what you need to know.
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.
A former Anthropic researcher who recently resigned spoke out on social media, saying he thinks the current rate of unchecked AI development could "kill us all." Jo Ling Kent reports.
A top Anthropic researcher says there's more than a 10% chance AI "could kill all humans," after a colleague resigned over similar concerns.
Ten research teams were honored at a satirical science awards ceremony that was hosted outside the U.S. for the first time due to travel concerns. A study of cockroach milk was among the winners.
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.
Kevin Reddington, Lindsay Clancy's defense attorney, sat down with "CBS Mornings" on Wednesday, where he said he plans to ask for the case to be thrown out. Caroline Polisi breaks down his statements.
Lindsay Clancy's lawyer Kevin Reddington told "CBS Mornings" that he plans to file a motion for her case to be thrown out after her murder trial ended in a mistrial. CBS News' Shanelle Kaul reports.
Kevin Reddington, the lawyer for Lindsay Clancy, said he will present a motion to dismiss on Sept. 29 at a previously scheduled status hearing.
The high-profile murder trial of Lindsay Clancy ended in a mistrial after jurors could not come to a unanimous decision on the verdict. Now, one juror is speaking about what went on during deliberations. CBS News' Jarred Hill reports.
Jurors from the Lindsay Clancy murder trial are speaking out after it was declared a mistrial last week. Shanelle Kaul reports.
NASA's Roman Space Telescope launched shortly after daybreak from Kennedy Space Center and blazed toward an observation point 1 million miles away.
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.
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.
Members of the FDNY's Squad 18 who were off duty on the morning of 9/11 worked 24-hour shifts digging through the wreckage at ground zero in search of missing firefighters.
Tens of thousands of Republicans are expected to gather in Dallas, Texas, for the first ever GOP midterm convention. CBS News' Fin Gómez reports on why some candidates are not attending.
The U.S. and Iran are again trading strikes, causing a rapid rise in oil prices. CBS News' Ramy Inocencio has the latest details.
Rock stars Alice Cooper and Joe Perry of Aerosmith formed the supergroup Hollywood Vampires. They join "CBS News 24/7 Mornings" to discuss how the band came together.
Norah O'Donnell is a frequent blood donor. She shares what she does before and after she gives blood and how she rewards herself.