Stocks rebound as some tech companies rally
Wall Street saw a big rebound on Thursday, with the Dow and Nasdaq shooting up more than 600 points. Yahoo Finance senior reporter Brooke DiPalma joins with analysis.
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Wall Street saw a big rebound on Thursday, with the Dow and Nasdaq shooting up more than 600 points. Yahoo Finance senior reporter Brooke DiPalma joins with analysis.
Mortgage rates are drifting higher as the Fed's interest rate decision and war in the Middle East fuel inflation concerns.
Amid energy price spikes caused by the Iran war and persistently high inflation, the Federal Reserve decided on Wednesday to hold interest rates steady for the fifth straight time. CBS News MoneyWatch correspondent Kelly O'Grady reports.
A sweeping bipartisan housing affordability bill is set to go into law at midnight on Friday, without President Trump's signature. The president says his decision not to sign the bill is a protest against lawmakers' failure to pass his package of voting reforms and restrictions. Bruce Marks, founder and CEO of the Neighborhood Assistance Corporation of America, joins "The Daily Report" to discuss.
Interest rates for a typical home loan jumped Thursday to 6.46%, the highest level since September 2025. House-hunters aren't pleased.
Mortgage rates rose for the fourth week in a row. MarketWatch reporter Andrew Keshner joins CBS News with more.
Mortgage rates, though still well below their level a year ago, have edged up since the Iran war erupted. Here's why.
Although home prices remain elevated, conditions are shaping up to be more favorable for buyers this year, experts said.
Mortgage rates are rising as bond investors fret that rising oil prices could boost inflation.
Mortgage rates have fallen to their lowest level since 2022, and now borrowers can find even lower-cost loans, experts said.
For the first time since 2022, 30-year mortgage rates dropped below 6%. CBS News business analyst Jill Schlesinger explains what it means for home buyers and those looking to refinance.
The decline in the average 30-year mortgage rate could be good news for home shoppers as the spring home-buying season gets rolling.
A new report from Realtor.com projects that the housing market will shift in a more buyer-friendly direction in 2026.
Here's how changes at the Federal Reserve can matter in your life as President Trump pushes for new leadership.
President Trump signed an executive order this week aimed at boosting the housing market. The goal is to increase the supply of homes available to buy by preventing big investors from purchasing single family homes for the rental market. CBS News business analyst Jill Schlesinger explains.
Mortgage rates have dropped to a three-year low, prompting some homeowners to consider refinancing. CBS News' Megan Cerullo reports.
The average interest rate on a typical mortgage dipped to 6.06%, the lowest level since September 2022, according to Freddie Mac.
The average cost of a conventional 30-year U.S. mortgage continues to edge down, while rates on other home loans fell to less than 5.5%.
A growing number of Americans, squeezed by inflation and elevated interest rates, face the risk of losing their home in foreclosure.
Details are still sparse, but a 50-year loan could meaningfully reshape a housing market where 30 years is the norm.
A new report from Coldwell Banker shows how Americans are arranging some life goals to prioritize buying a home. Aarthi Swaminathan, a MarketWatch personal finance reporter, joins CBS News with more.
According to CBS News polling, voter concern about the cost of living drove Democrats to big victories in the 2025 elections. Now, President Trump is defending Republicans' record on affordability and floating new initiatives. CBS News MoneyWatch correspondent Kelly O'Grady joins "The Takeout" with more.
President Trump, in a social media post over the weekend, suggested the idea of a 50-year mortgage. It comes as the average age for a first-time home buyer has climbed to 40 years old. CBS News MoneyWatch correspondent Kelly O'Grady explains how it could impact home ownership.
Some people taking out a home loan and purchasing flood insurance could face delays during the U.S. government shutdown.
Doug Lebda died on Sunday in an all-terrain vehicle accident, according to LendingTree.
Hundreds of people, including many Americans, are still missing along the Nepal-China border after deadly floods and mud flows likely triggered by a glacial collapse.
President Trump has accused oil companies like Chevron and ExxonMobil of "making too much money." He owns shares of both.
As U.S. economic pressure bites, Iran touts a plan with Oman to get ships moving through the Strait of Hormuz and suggests the next move is Trump's.
The purpose of CIA Director John Ratcliffe's visit to Moscow this week was to warn Russia not to attack NATO member states, sources said, amid U.S. assessments that Russia could try to test NATO.
The surge in arrests comes as the White House pushes ICE to hit a target of 2,000 per day.
A Florida grand jury found the DeSantis administration misappropriated $10 million in taxpayer money for political purposes.
The officer accused a Venezuelan migrant of assaulting him with a broomstick and shovel, but investigators say footage from a nearby camera helped prove that was a lie.
The group of 24 states and the District of Columbia argues the Postal Service's new rule violates the Constitution and federal law.
Tim Curry was known for his iconic performances in cult classics like "The Rocky Horror Picture Show" and the original screen adaptation of Stephen King's "It."
A small plane carrying four people crashed into shallow waters next to a remote coastal town in Alaska on Wednesday, killing everyone on board, officials said.
In a news release, the NFL said it plans to "elevate" Pro Bowl selections, with no replacement selections.
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.
The surge in arrests comes as the White House pushes ICE to hit a target of 2,000 per day.
In a nearly 6,000-word essay, Gates argues that artificial intelligence poses a mounting threat to U.S. workers.
President Trump has accused oil companies like Chevron and ExxonMobil of "making too much money." He owns shares of both.
In a nearly 6,000-word essay, Gates argues that artificial intelligence poses a mounting threat to U.S. workers.
Canadian officials said the tariffs set to be imposed on more than 800 U.S. imports are "strategic" and designed to target some states.
Medical device maker said it is working to assess the scope of the attack and business interruption.
Meta agreed to pay up to $17.1 billion to settle allegations that its social media platforms are addictive.
President Trump has accused oil companies like Chevron and ExxonMobil of "making too much money." He owns shares of both.
The purpose of CIA Director John Ratcliffe's visit to Moscow this week was to warn Russia not to attack NATO member states, people familiar with the matter said, amid U.S. assessments that Russia could try to test NATO.
Five years after the attack in Afghanistan that killed 13 service members, the Pentagon upgraded the awards of three Marines who provided care in the wake of the blast.
The surge in arrests comes as the White House pushes ICE to hit a target of 2,000 per day.
The group of 24 states and the District of Columbia argues the Postal Service's new rule violates the Constitution and federal law.
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.
Dr. Laura Cox, an assistant professor at Brigham and Women's Hospital and Harvard Medical School, explains how our dietary patterns play a significant role in our gut and long-term brain health.
Pennsylvania has recorded its first two deaths connected to measles in 35 years.
The rate is much higher than is seen in the general population. CTE is a brain disease linked to repeated blows to the head.
The agreements, covering issues like drug pricing, reducing the use of synthetic food dyes, and cutting back on insurance prior authorization rules, were announced with fanfare and touted as victories.
Cesar Gastelum was dressed as a food delivery worker and taking part in a social media challenge along with two friends when he was shot dead.
Hundreds of people, including many Americans, are still missing along the Nepal-China border after deadly floods and mudflows likely triggered by a glacial collapse.
The paintings, sculptures and museum installations of Yayoi Kusama, one of Japan's most respected contemporary artists, were widely exhibited around the world.
The purpose of CIA Director John Ratcliffe's visit to Moscow this week was to warn Russia not to attack NATO member states, people familiar with the matter said, amid U.S. assessments that Russia could try to test NATO.
Prince Harry and Meghan, the Duke and Duchess of Sussex, returned to the U.K. from California on Wednesday, six years after their tumultuous departure, the BBC reports.
Singer-songwriter Alex Warren sits down with Anthony Mason to talk about his sophomore album, WILDCHILD, the loss of his parents and how songs have been the soundtrack to his emotions.
On Halloween 1985, Barry Bostwick and Richard O'Brien, stars of "The Rocky Horror Picture Show," joined CBS News to mark 10 years since the cult classic's release. Tim Curry, who portrayed the film's antagonist, Dr. Frank-N-Furter, died Tuesday at the age of 80.
Late country superstar Dolly Parton helped millions of children develop a love of reading through her free Imagination Library program. Hardin Engelhardt, chief learning officer at Marbles Kids Museum in Raleigh, North Carolina, joins "The Daily Report" to discuss.
Thousands buzzed into Dollywood on Wednesday, one day after Dolly Parton's family announced her death at 80 years old. Skyler Henry has more from the theme park she built.
Tributes are pouring in from all over the country for legendary singer-songwriter Dolly Parton. CBS News correspondent Skyler Henry is at Dollywood, Parton's Tennessee theme park, with more.
Artificial intelligence juggernaut Nvidia blew past Wall Street's expectations for its latest quarterly earnings report, more than doubling its profits and revenue. Wall Street Journal tech reporter Robbie Whelan joins CBS News to discuss.
Meta has agreed to pay $17 billion to settle claims that its platforms lead to addiction in kids and teens, but is not admitting any wrongdoing despite implementing new safeguards. CNET reporter Katelyn Chedraoui joins "The Daily Report" to discuss.
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.
Anticipation is building for Apple's annual iPhone launch event in September, where the company is expected to reveal its first foldable phone. Questions remain though on whether consumers will be willing to pay big bucks for this device. CNET senior technology reporter Abrar Al-Heeti joins CBS News to discuss.
Meta has reached a landmark legal settlement with dozens of states over claims that the social media giant intentionally designed addictive platforms that harmed the mental health of teenagers. CBS News MoneyWatch correspondent Kelly O'Grady has the details.
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.
A total solar eclipse was visible in parts of Europe for the first time since 1912. Rob Marciano reports.
A total solar eclipse turned day into night across a slice of Europe and North America on Wednesday, and put millions in unique contact with the heavens above. Meteorologist Rob Marciano reports from Spain.
Cesar Gastelum was dressed as a food delivery worker and taking part in a social media challenge along with two friends when he was shot dead.
A mother was arrested for vandalism in California after smashing a school bus window to haul out her own child. Carter Evans has the story.
Heather Berlin, a neuroscientist, clinical psychologist and clinical professor at the Icahn School of Medicine at Mount Sinai, joins "The Daily Report" to explain the difference between postpartum depression and psychosis and what it means for Lindsay Clancy's murder trial.
Closing arguments in the Lindsay Clancy murder trial are set for Thursday. Clancy admitted to killing her children but says she isn't guilty, arguing that postpartum psychosis caused her actions. CBS News legal contributor Caroline Polisi joins with analysis.
Testimony concluded on Wednesday in the murder trial of Lindsay Clancy, the Massachusetts mother who admitted to killing her children but pleaded not guilty, arguing she had postpartum psychosis. CBS News correspondent Shanelle Kaul reports.
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.
The only total solar eclipse of 2026 crossed the Northern Hemisphere Wednesday, with a path of totality across parts of Greenland, Iceland and northern Spain. See photos and video from the best viewing locations.
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.
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.
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.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Should you dump the corporate grind for the freedom of a side hustle—or is that itch better left unscratched? In today's episode, Jill, Mark, and special guest host Kayla Sabbagh dig into the rise of the gig economy, and maybe even make the case for corporate America. Plus, they sit down with Ben, founder of Ready Golf Club, to talk about how he's built a business on the side without blowing up his day job.
Singer-songwriter Alex Warren sits down with Anthony Mason to talk about his sophomore album, WILDCHILD, the loss of his parents and how songs have been the soundtrack to his emotions.
On Halloween 1985, Barry Bostwick and Richard O'Brien, stars of "The Rocky Horror Picture Show," joined CBS News to mark 10 years since the cult classic's release. Tim Curry, who portrayed the film's antagonist, Dr. Frank-N-Furter, died Tuesday at the age of 80.
A mother was arrested for vandalism in California after smashing a school bus window to haul out her own child. Carter Evans has the story.
CBS News reporter Riley Callanan traveled to New Mexico to see Project Jupiter, one of the country's biggest hyper-scale data centers, for herself. She spoke with residents and farmers about their fears, concerns and in some cases, hopes.