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.
Mortgage Rates
Inflation is sticking around. Here's what that means for your money.
Inflation is moving sideways, remaining above 3% for the first three months of 2024. Here's how that could impact your finances.
Jobs grow in February, unemployment rises
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.
Here's what's making it so hard to buy a home in the U.S. these days
Aspiring homebuyers face one of the toughest markets in years, with one analyst pointing to a "toxic brews" chilling sales.
Home prices, mortgage rates remain high
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.
Mortgage rates expected to fall slightly
Mortgage rates are expected to fall slightly this year, according to real estate experts looking at the data. Jessica Lautz, the deputy chief economist and vice president of research at the National Association of REALTORS, joins CBS News to discuss if homeowners should refinance their mortgages.
Here's when experts think the Fed could start cutting interest rates
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.
High rents leave many financially stretched
While rents have been easing for the past few months nationwide, prices are still up significantly compared to before the pandemic, largely due to inflation. Providence, Rhode Island, saw one of the highest rent increases in the U.S. last year, and according to researchers, you need a salary of close to $83,000 to afford a two-bedroom apartment there. Nancy Chen reports.
Why the Fed is holding interest rates steady
The Federal Reserve Board announced it will not change interest rates for now as it eyes how to lower inflation without running the risk of entering a recession. CBS News business analyst Jill Schlesinger looks at the Fed's decision and the upcoming cues to look out for in the economy.
Wall Street closes out week on record upswing
The big picture on Wall Street is that it's been a solid stretch for the American economy. But for those hoping to buy a home, pay rent, or afford groceries, it's not all quite as rosy.
Mortgage rates expected to fall in 2024
Some financial experts expect mortgage rates to decline gradually over the coming months. Mark Hamrick, a senior economic analyst for Bankrate, joins CBS News with the data behind this projection.
Nearly a third of Americans expect mortgage rates to fall in 2024
In a positive sign for the housing market, a growing number of consumers think mortgage rates are likely to decline this year.
Housing market outlook for 2024
Will mortgage rates drop and home prices finally fall in 2024? Chen Zhao, who leads the economics team at Redfin, shares some early predictions for the housing market in 2024.
Mortgage rates starting to slowly drop
Sky-high mortgage rates that scared off some potential home-buyers this year are slowly starting to drop. Rates are now at their lowest level since June after hitting a 23-year high in October. Greg McBride, chief financial analyst at Bankrate, joined CBS News to discuss how much lower rates might go.
Mortgage rate for a typical home loan falls to 6.8% — lowest since June
Mortgage rates are edging down from their highest level in 23 years as inflation around the U.S. continues to cool.
2023 was brutal for homebuyers. Here's what to expect in 2024.
Mortgage rates recently hit their highest levels in more than two decades, pricing many out of the market. Here's what to expect in 2024.
Here's how much you need to earn to afford a home in 97 U.S. cities
"Even places that historically have been affordable now need six figures," according to Redfin's chief economist.
Here's what to do if you get behind on your mortgage payment
Many homeowners are struggling to keep up with their mortgage payments amid rising costs and high inflation. Here's how to catch up.
Thinking of an adjustable-rate mortgage? Here are 3 questions to ask.
Deciding on an adjustable-rate mortgage boils down to how long you plan to own a property and if your income is stable.
What the Fed's rate decision this week could mean for mortgage rates
With mortgage rates topping 8%, some home buyers are hoping to see some relief with the Federal Reserve's next decision.
Home prices and rents have both soared. So is buying or renting the better deal?
Buying a home is now 52% more expensive than renting, a financial gap that is larger than during the 2006 housing bubble.
Mortgage rates touch 8% for the first time since 2000
The average rate for a 30-year home loan crossed the 8% threshold this week, deepening the affordability crisis for homebuyers.
Mortgages rates go up, prices remain high
The climbing interest rates may be keeping prospective home buyers from moving from places they may not necessarily want to live in. Felix Salmon, chief financial correspondent for Axios, joins CBS News with more.
Could a housing market recession be looming?
The lack of housing supply in the United States is related to the ongoing spikes in interest rates. Mark Hamrick, a senior economic analyst for Bankrate, joins CBS News to explain the mortgage "lock-in effect," which may be keeping homes off the market.
Mortgage rates haven't been this high since 2000
The average interest rate on a typical mortgage is now 7.49%, worsening the nation's housing affordability crunch.
Correspondents' dinner suspect charged with trying to assassinate Trump
Cole Allen, the man accused of opening fire at the White House Correspondents' Dinner, was charged with trying to assassinate President Trump.
Court document reveals new details about correspondents' dinner shooting
An FBI affidavit filed in federal court lays out more details about Cole Allen's alleged actions before and during the shooting at the White House Correspondents' Dinner.
Trump reacts to alleged gunman's "manifesto," and more interview highlights
The day after a gunman attempted to storm the White House Correspondents' Dinner, President Trump sat down with CBS News' Norah O'Donnell for a "60 Minutes" interview to talk about his experience.
King Charles arrives for visit with Trump at a fraught time
King Charles III and Queen Camilla are aiming to strengthen the "special relationship" the U.S. and United Kingdom have had since World War II.
Live
Oil prices rise as U.S. and Iran appear locked in a costly stalemate
Energy prices keep rising with no sign of progress toward a deal to end the U.S.-Iran standoff and Hezbollah rejecting the Lebanon ceasefire.
Jimmy Kimmel defends himself after Donald and Melania Trump call for his firing
Jimmy Kimmel has responded to Donald and Melania Trump calling for ABC to fire him after a joke he made days before the White House Correspondents' Dinner.
Acting AG Blanche asks court to let White House ballroom construction resume
Acting Attorney General Todd Blanche has asked a federal judge to overturn the judge's own ruling that blocked construction of the White House ballroom, in the wake of the White House Correspondents' Dinner shooting.
The security apparatus at the "Hinckley" Hilton where correspondents' dinner is held
On March 31, 1981, when President Reagan was shot by John Hinckley, Jr., the Washington Hilton ceased to be just another venue for the Secret Service.
Brother of suspect in deaths of 2 Tampa students: "We tried to warn police in the past"
Ahmad Abugharbieh, the younger brother of the man suspected of killing two University of South Florida doctoral students, told CBS News, "My entire family feels so much shame and guilt."
U.S.
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CBS News poll on California governor's race: What are primary voters looking for?
Ahead of Tuesday's debate in the California governor's race, it's still a wide-open contest, CBS News' latest poll finds.
Brother of suspect in deaths of 2 Tampa students: "We tried to warn police in the past"
Ahmad Abugharbieh, the younger brother of the man suspected of killing two University of South Florida doctoral students, told CBS News, "My entire family feels so much shame and guilt."
Actor Nathan Chasing Horse sentenced to life in prison for sexual assault
The "Dances With Wolves" actor was accused by three Indigenous women and girls, including one who was 14 when the assaults began. He was convicted in January on 13 of the 21 charges he faced.
82nd Airborne soldiers train on drone-countering maneuvers used in Ukraine
Soldiers are training for drone-on-drone combat using Bumblebee drones, which have been used in Ukraine and are being sent to U.S. training centers in the Middle East.
Google workers urge CEO to refuse classified AI work with Pentagon
In an open letter, Google workers say doing a deal with the Department of Defense would hurt the tech giant's reputation.
MoneyWatch
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Google workers urge CEO to refuse classified AI work with Pentagon
In an open letter, Google workers say doing a deal with the Department of Defense would hurt the tech giant's reputation.
Musk and Altman face off in federal court. Here's what to know.
The trial comes at a pivotal moment for AI, a technology poised to bring advancement that could also drastically reshape humanity.
California billionaire tax secures enough signatures to make ballot
The measure would impose a one-time, 5% tax on the state's roughly 200 billionaires to fund public programs.
United Airlines CEO says he approached American Airlines about merger
Kirby argued that a merger would create jobs, offer more affordable flying options and allow the airline to compete with foreign carriers.
Prediction markets in hot seat over rogue bettors and insider trading
Incidents in which people apparently used exclusive knowledge to score handsome profits raise the question: Are prediction markets safe places for news junkies to bet on events - or dens of insider trading?
Politics
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Acting AG Blanche asks court to let White House ballroom construction resume
Acting Attorney General Todd Blanche has asked a federal judge to overturn the judge's own ruling that blocked construction of the White House ballroom, in the wake of the White House Correspondents' Dinner shooting.
Jimmy Kimmel defends himself after Donald and Melania Trump call for his firing
Jimmy Kimmel has responded to Donald and Melania Trump calling for ABC to fire him after a joke he made days before the White House Correspondents' Dinner.
Pentagon can require reporters to be escorted during appeal process, judges rule
An appeals court has ruled that the Defense Department can require journalists to be escorted on Pentagon grounds while the Trump administration appeals a judge's decision to block its enforcement of a press access policy challenged by The New York Times.
CBS News poll on California governor's race: What are primary voters looking for?
Ahead of Tuesday's debate in the California governor's race, it's still a wide-open contest, CBS News' latest poll finds.
82nd Airborne soldiers train on drone-countering maneuvers used in Ukraine
Soldiers are training for drone-on-drone combat using Bumblebee drones, which have been used in Ukraine and are being sent to U.S. training centers in the Middle East.
HealthWatch
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Big companies position themselves for payday from $50B federal rural health fund
A $50 billion federal fund is supposed to modernize rural healthcare. But community clinics and advocates fear that the contractors administering the money for states will bite off a big chunk before it reaches patients.
A 13-year-old's kidney was failing. Then a stranger stepped in.
Tim Fitzpatrick, a father of a chronically ill child, saw the story of a boy in need of a new kidney and felt compelled to help.
Ben Sasse is on extended time. He credits "providence, prayer and a miracle drug."
The former U.S. senator from Nebraska opened up about his terminal diagnosis, his family and the state of American politics in a "Things That Matter" town hall.
Exclusive
Johnson & Johnson to launch on TrumpRx with 4 of its prescription drugs
Drug-making giant Johnson & Johnson will officially start marketing four of its medications on the Trump administration's TrumpRx website on Friday, CBS News exclusively learned.
Medigap premiums leap, and consumers have few alternatives
Millions of people rely on the supplemental insurance to offset the deductibles, copayments, and other costs faced by enrollees in the traditional Medicare program.
World
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Democratic senators launch investigation into Kuwait strike that killed U.S. troops
Surviving troops disputed Pentagon's account of the attack on the command post in Kuwait, saying the unit "was unprepared" to defend itself.
AI used to reveal face of victim fleeing Mount Vesuvius eruption
Archaeologists found the victim holding a terracotta mortar, which they interpret as an improvised attempt to shield his head.
In a first, endangered orangutan seen using canopy bridge to cross road
Rapid development has been shrinking the jungle habitat of the critically endangered species, and fatal conflicts with people have been increasing.
Live
Oil prices rise as U.S. and Iran appear locked in a costly stalemate
Energy prices keep rising with no sign of progress toward a deal to end the U.S.-Iran standoff and Hezbollah rejecting the Lebanon ceasefire.
22 Buddhist monks arrested at airport after record drug bust
The group, returning home after a vacation in Thailand, had Kush -- a potent strain of cannabis -- hidden in their luggage, officials said.
Entertainment
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Trump calls for Kimmel to be fired over jokes made before correspondents' dinner
First lady Melania Trump said that jokes Jimmy Kimmel made on his show days before the White House Correspondents' Dinner were "hateful and violent rhetoric."
Eve Plumb reflects on life in the spotlight
Eve Plumb starred as middle child Jan Brady on the classic sitcom "The Brady Bunch." While reflecting on her career, she told "CBS Mornings" the beloved show "put me where I am today." Plumb also addressed "The Brady Bunch" not being an instant hit and why one of her iconic lines bothered her, which she discusses in her new memoir.
4/26: Sunday Morning
Hosted by Jane Pauley. Featured: America's adversarial relationship with Cuba; singer-songwriter Kacey Musgraves; Rep. Jim Clyburn; reviving a Welsh soccer town; tree lovers; artist Jenny Saville; and rescuing Venus fly traps.
Kacey Musgraves on writing lyrics: "There is no greater drug"
A couple of years ago, the Grammy-winner went home to East Texas to heal from a breakup. She talks about how her "Dry Spell" led to a creative monsoon – her latest album, "Middle of Nowhere."
Extended interview: Kacey Musgraves
In this web exclusive, Grammy-winning singer-songwriter Kacey Musgraves talks with correspondent Anthony Mason about her latest album, "Middle of Nowhere," a record inspired by loneliness following a breakup, and how she grew to feel empowered by the concept of liminal space.
Technology
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Technology
Jury selection begins in Musk-Altman legal battle
Jury selection began Monday in the legal battle between tech leaders Elon Musk and Sam Altman. CBS News senior business and technology correspondent Jo Ling Kent has the latest.
How the AI-driven data center boom is leading to skyrocketing energy bills
A CBS News analysis found that Georgia Power, the largest energy provider in the state, imposed six rate hikes in the last three years.
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.
How data centers are impacting Americans
This week, Maine's governor vetoed a bill that would have made the state the first to ban the construction of new data centers. Shanelle Kaul reports.
Sam Altman apologizes for not flagging authorities to mass shooter's ChatGPT account
The ChatGPT account of the shooter, who killed eight people in a small British Columbia community, had been banned about eight months prior to the massacre.
Science
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AI used to reveal face of victim fleeing Mount Vesuvius eruption
Archaeologists found the victim holding a terracotta mortar, which they interpret as an improvised attempt to shield his head.
In a first, endangered orangutan seen using canopy bridge to cross road
Rapid development has been shrinking the jungle habitat of the critically endangered species, and fatal conflicts with people have been increasing.
Saving the Venus fly trap
The carnivorous Venus fly trap is native to the Carolinas, but its population is dwindling due to loss of habitat. Correspondent Seth Doane talks with botanist Julie Moore, who has spent much of her life helping to save these remarkable plants; and with Damon Waitt, director of the North Carolina Botanical Garden, who discusses the unusual traits of a species that Charles Darwin called the most interesting plant in the world.
From 1990: NASA launches Hubble Telescope
On April 24, 1990, NASA launched the Hubble Space Telescope from the Space Shuttle Discovery after seven years of delays. Watch CBS News' coverage from that day.
60-foot octopus ruled the seas during age of dinosaurs, fossils show
New analyses of fossilized jaws reveal that massive, kraken-like octopuses once hunted alongside other marine predators.
Crime
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Brother of suspect in deaths of 2 Tampa students: "We tried to warn police in the past"
Ahmad Abugharbieh, the younger brother of the man suspected of killing two University of South Florida doctoral students, told CBS News, "My entire family feels so much shame and guilt."
New evidence in apparent murders of USF students
Investigators are looking into the apparent murder of two University of South Florida doctoral students, and are now revealing evidence from the suspect's bedroom and his search history. Cristian Benavides reports.
Actor Nathan Chasing Horse sentenced to life in prison for sexual assault
The "Dances With Wolves" actor was accused by three Indigenous women and girls, including one who was 14 when the assaults began. He was convicted in January on 13 of the 21 charges he faced.
Ex-Secret Service official on dinner shooting
The Trump administration has ordered a review of its security protocols after Saturday's shooting at the White House Correspondents' Dinner. A. T. Smith, former deputy director of the U.S. Secret Service, joins CBS News with analysis.
CBS News analyst on dinner shooting
The man accused of rushing the White House Correspondents' Dinner armed with a shotgun, pistol and three knives has been charged with trying to assassinate President Trump. CBS News national security analyst Aaron MacLean, who attended the dinner, joins to describe what he witnessed.
Space
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Mars rover carries out chemistry experiment never done beyond Earth
"This experiment's never been run before on another world," said Amy Williams, an astrobiologist working on the Curiosity mission.
Blue Origin New Glenn rocket puts satellite payload into wrong orbit
The launching appeared to go off without a hitch, but a problem prevented the rocket's upper stage from putting its payload into the correct orbit.
Artemis II crew on historic moon mission and what it means for Earth
"We are carrying back everything we learned, not only about where we went but ourselves," mission specialist Christina Koch told "CBS Evening News" anchor Tony Dokoupil.
Artemis II astronauts still awed by moonshot experience: "It was otherworldly"
The four Artemis II astronauts struggled to describe the view and overall experience of flying around the moon's far side and witnessing a solar eclipse in deep space.
"God of chaos" asteroid will pass close to Earth in 3 years, NASA says
People on the ground in the Eastern Hemisphere will be able to observe the asteroid with their own eyes, weather permitting, according to NASA.
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.
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?
The life & near death of prizefighter Christy Salters-Martin
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
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
4/27: CBS Evening News
Correspondents' dinner shooting suspect charged with trying to assassinate the president; Georgia wildfire battle enters second week.
4/27: The Takeout with Major Garrett
Suspect in White House Correspondents' Dinner shooting appears in court; King Charles and Queen Camilla arrive in U.S. for state visit.
Poll: California governor primary is wide open
A CBS News poll finds a wide-open contest as voters weigh in on what they want in the state's next governor. CBS News executive director of elections and surveys Anthony Salvanto breaks down the findings.
National security expert on dinner shooting
The Secret Service is facing questions about its handling of security at the White House Correspondents' Dinner. Professor Philip Bobbitt, director of the Center for National Security at Columbia Law School, joins CBS News with analysis.
Charles, Camilla kick off state visit to U.S.
Despite Saturday's attack, Britain's King Charles III and Queen Camilla arrived in Washington, D.C., on Monday for a four-day trip to the U.S. CBS News royal contributor Amanda Foreman joins CBS News with analysis.