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.
Live
Trump warns "time is running out" on Iran to reopen Strait of Hormuz
Meanwhile, a search-and-rescue mission for a downed fighter jet crew member is ongoing as the war in the Middle East rages on.
First on CBS
White House is expected to shake up more leadership roles at DOJ, sources say
The changes were likely to affect Associate Attorney General Stanley Woodward, the No. 3 official at the Justice Department and Harmeet Dhillon, the Assistant Attorney General for the Civil Rights Division.
Did Trump help write the latest White House East Wing court filing?
The government's legal bid to continue East Wing construction has the hallmarks of President Trump's social media posts.
NASA troubleshoots Artemis II toilet problem in otherwise smooth flight
A possibly frozen vent line forced the Artemis II astronauts to avoid using their space toilet while engineers worked to resolve the problem.
Judge halts Trump effort requiring colleges show they don't consider race
The ruling follows a lawsuit filed earlier this month by a coalition of 17 Democratic state attorneys general.
Man arrested at retirement home for wife's murder decades earlier
Janice Randle was found dead in her bed in 1992, but police couldn't make an arrest in the case until new information emerged.
3 hospitalized after bus crashes through Washington, D.C. restaurant
Washington, D.C., first responders said the building's structural integrity will be assessed once the bus is removed.
2 men and teen held in U.K. custody over Jewish charity ambulance attack
All men were charged Friday with arson and being reckless as to whether life would be endangered.
Ousted Army chief of staff says soldiers deserve "courageous leaders" in email
Defense Secretary Pete Hegseth asked George to step down and take immediate retirement, CBS News exclusively reported earlier this week.
U.S.
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Judge halts Trump effort requiring colleges show they don't consider race
The ruling follows a lawsuit filed earlier this month by a coalition of 17 Democratic state attorneys general.
3 hospitalized after bus crashes through Washington, D.C. restaurant
Washington, D.C., first responders said the building's structural integrity will be assessed once the bus is removed.
Kansas town opens first public library after mystery donation
Frontenac, Kansas had everything it needed – except a public library. A mysterious donation changed that
Did Trump help write the latest White House East Wing court filing?
The government's legal bid to continue East Wing construction has the hallmarks of President Trump's social media posts.
Man arrested at retirement home for wife's murder decades earlier
Janice Randle was found dead in her bed in 1992, but police couldn't make an arrest in the case until new information emerged.
MoneyWatch
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Sauté pans sold at Costco recalled after metal caps "forcefully eject"
One consumer reported sustaining bruising and burn injuries.
Chicago Fed's Goolsbee says he sees inflation as risk to 2026 rate cuts
Goolsbee, president of the Federal Reserve Bank of Chicago, said mounting inflation risks "complicates the picture" on interest rates.
3 ways the Iran war is hitting Americans' pocketbooks
U.S. consumers are starting to feel the financial impact of the Iran war. Here's how the conflict is seeping into the economy.
3.1 million bottles of eye drops sold at Walgreens, CVS are recalled
The eye drops — sold under multiple brands — have been recalled over concerns about sterility, according to the FDA.
Employers added 178,000 jobs in March, blowing past forecasts
Hiring was much stronger than expected in March, with employers adding roughly three times the number of jobs economists predicted.
Politics
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Family of Iran military leader Soleimani has U.S. residence visas revoked
Hamideh Soleimani Afshar and her daughter were granted U.S. asylum in 2019, but the government is now moving to strip them of their green cards.
Ousted Army chief of staff says soldiers deserve "courageous leaders" in email
Defense Secretary Pete Hegseth asked George to step down and take immediate retirement, CBS News exclusively reported earlier this week.
First on CBS
White House is expected to shake up more leadership roles at DOJ, sources say
The changes were likely to affect Associate Attorney General Stanley Woodward, the No. 3 official at the Justice Department and Harmeet Dhillon, the Assistant Attorney General for the Civil Rights Division.
Trump warns Iran of deadline to reopen Strait of Hormuz: "Time is running out"
The war shows no signs of slowing as Iran responds to airstrikes with attacks across the region.
Judge halts Trump effort requiring colleges show they don't consider race
The ruling follows a lawsuit filed earlier this month by a coalition of 17 Democratic state attorneys general.
HealthWatch
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HealthWatch
New ALS treatment brings hope to patients
"CBS Saturday Morning" looks at an experimental treatment for amyotrophic lateral sclerosis, or Lou Gehrig's disease, that is bringing hope to some patients suffering from the neurodegenerative disease. To inquire about possible participation in Silence ALS, an initiative to develop individualized gene-based therapies for patients with other rare genetic forms of ALS, please write to silenceals@cumc.columbia.edu.
He thought he was in good health — until fainting during a bike ride
John Cantrell was enjoying his retirement until an unexpected condition forced him to choose between two kinds of heart surgery.
HHS announces national program to study effect of microplastics on humans
The Environmental Protection Agency also added microplastics to its contaminant candidate list for the first time.
FDA approves Eli Lilly weight loss pill
The FDA approved a new GLP-1 drug from Eli Lilly. Dr. Jon LaPook breaks it down.
A COVID variant called "Cicada" is spreading. Here's what to know.
The COVID-19 variant BA.3.2, nicknamed "Cicada," has been detected in at least 23 countries and half the states in the U.S.
World
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Family of Iran military leader Soleimani has U.S. residence visas revoked
Hamideh Soleimani Afshar and her daughter were granted U.S. asylum in 2019, but the government is now moving to strip them of their green cards.
2 men and teen held in U.K. custody over Jewish charity ambulance attack
All men were charged Friday with arson and being reckless as to whether life would be endangered.
Deadly strikes in Ukraine and Russia kill 10, injure dozens
The attacks came as Ukrainian President Volodymyr Zelenskyy traveled to Istanbul for talks with Turkish President Recep Tayyip Erdogan.
Dutch police probe explosion outside a pro-Israel Christian center
The incident comes after a string of similar nighttime attacks across Europe that have heightened concerns over antisemitism.
One dead, dozens injured in crush during rally at Peru soccer stadium
Videos broadcast by local television stations showed a large crowd of fans in the south stands amidst an explosion of fireworks.
Entertainment
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Entertainment
4/4: Saturday Morning
The search continues for a missing American service member after Iran shot down an F-15E fighter jet on Friday. Meanwhile, the Artemis II passed its halfway point to the moon.
Kenan Thompson on his career and parenthood
Kenan Thompson sits down with Kelly O'Grady to reflect on his career and parenthood while discussing his new children's book "Unfunny Bunny."
Drayton Farley performs "It's Called Doubt"
Alabama native Drayton Farley was working at a local auto plant and making bedroom recordings just a few years ago. Now he's being compared to Americana greats like Tyler Childers and Jason Isbell. His new album, "A Heavy Duty Heart," is out now. Here's Drayton Farley performing "It's Called Doubt."
Drayton Farley performs "The Luckier Ones"
Alabama native Drayton Farley was working at a local auto plant and making bedroom recordings just a few years ago. Now he's being compared to Americana greats like Tyler Childers and Jason Isbell. His new album, "A Heavy Duty Heart," is out now. Here's Drayton Farley performing "The Luckier Ones."
Drayton Farley performs "I Need Your Love"
Alabama native Drayton Farley was working at a local auto plant and making bedroom recordings just a few years ago. Now he's being compared to Americana greats like Tyler Childers and Jason Isbell. His new album, "A Heavy Duty Heart," is out now. Here's Drayton Farley performing "I Need Your Love."
Technology
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Technology
New film on risks and rewards of AI
"CBS Mornings" sits down with Tristan Harris, co-founder and president of the Center for Humane Technology, who is featured in the 2026 documentary, "The AI Doc: Or How I Became an Apocaloptimist."
Inside Apple's relationship with China
CBS News contributor Patrick McGee joins "The Daily Report" to discuss the codependent relationship between Apple and China, a country that manufactures hundreds of millions of iPhones every year.
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.
Jamie Dimon: JPMorgan could offer prediction market services to investors
The JPMorgan Chase CEO said the bank may one day introduce prediction market features, but said "there's a bunch of stuff we won't do" in that space.
Company tries to make flying car of the future
Many have dreamed of a future with flying cars, eliminating traffic on the morning commute. One company is trying to make that dream a reality. Itay Hod reports.
Science
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Artemis II crew begins "crazy first day" in space after exhilarating launch
NASA's Artemis II astronauts will spend about 24 hours orbiting the Earth and running checks on their spacecraft and life support systems before heading to the moon.
CBS News studio shakes as Artemis II launches
Four astronauts are traveling around the moon on Artemis II, going further from Earth than anyone before. CBS News' Mark Strassmann and Peter King have more.
What Artemis II astronauts will do in space
Former NASA astronaut Clayton Anderson joins CBS News to discuss what the Artemis II astronauts will do as they orbit the Earth after takeoff.
How Artemis II crew will sleep in space
Members of the Artemis II crew will be the first people to sleep inside the Orion spacecraft. CBS News' Kris Van Cleave has more on how they'll do that.
How do astronauts use the bathroom?
The science and technology behind using the restroom in space continues to evolve. CBS News senior transportation correspondent Kris Van Cleave looks at the out-of-this-world facilities available to the Artemis II crew.
Crime
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Man arrested at retirement home for wife's murder decades earlier
Janice Randle was found dead in her bed in 1992, but police couldn't make an arrest in the case until new information emerged.
From 1996: FBI arrests suspected Unabomber
On April 3, 1996, the FBI arrested Theodore Kaczynski in the Unabomber case, ending one of the longest and most intense manhunts in U.S. history. Watch CBS News' coverage from that day.
More on Pam Bondi's firing
President Trump's firing of Attorney General Pam Bondi is raising questions about their dynamic in the months prior. CBS News' Weijia Jiang reports.
Plot to poison man's root beer float
A mother and daughter are accused of killing a man by poisoning his root beer float. CBS News' Peter Van Sant reports.
Tiger Woods arrest video
Golf icon Tiger Woods told officers at the scene of a Florida car crash where he was arrested for DUI that he was "just talking to the president." It's unclear if Woods was referring to President Trump. CBS News' Nicole Valdes reports.
Space
More Space
NASA troubleshoots Artemis II toilet problem in otherwise smooth flight
A possibly frozen vent line forced the Artemis II astronauts to avoid using their space toilet while engineers worked to resolve the problem.
Moon-bound Artemis II astronauts enjoy a relaxed day in space
The Artemis II astronauts continued their long coast to the moon, capturing stunning photos along the way.
NASA shares first photos of Earth taken by Artemis II
The photo shows the entire planet, as well as the Northern and Southern lights.
Artemis II crew clears Earth orbit, heads for the moon
The engine firing provided a slingshot-like boost to the Orion capsule, speeding it to 24,500 mph, the velocity needed to break free of Earth's gravitational clasp for a trek to the moon.
Artemis II crew begins "crazy first day" in space after exhilarating launch
NASA's Artemis II astronauts will spend about 24 hours orbiting the Earth and running checks on their spacecraft and life support systems before heading to the moon.
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
The Uplift: Welcome to Hollywood
Meet the woman who rescued a piece of the Oscars in a dumpster. Plus, we take a trip to Hollwyood to learn about the history of America's iconic film industry.
4/4: Saturday Morning
The search continues for a missing American service member after Iran shot down an F-15E fighter jet on Friday. Meanwhile, the Artemis II passed its halfway point to the moon.
The Dish: Jollof Bowl
"CBS Saturday Morning" visits Jollof Bowl, which is bringing West African flavors to Baltimore.
Kenan Thompson on his career and parenthood
Kenan Thompson sits down with Kelly O'Grady to reflect on his career and parenthood while discussing his new children's book "Unfunny Bunny."
Donation gives Kansas town its first library
Frontenac, Kansas, is a community of 3,000 residents. When its city administrator received a mysterious $4.6 million dolllar donation from a couple whose dying wish was for a library to be built, the town sprung into action to solidify its legacy.