More adult children live at home now than during the pandemic
One woman in her mid-30s said her $60,000 annual income wasn't enough to cover all her bills after a breakup, leading her to move back home.
Real Estate
Fewer Americans own homes than thought, new Fed search finds
Only about 53% of Americans own homes, or about 12 percentage points lower than previous data has shown, the study found.
Home prices across the U.S. hit an all-time high
Sky-high housing prices make even starter homes too expensive for most Americans, housing data show.
Starter Homes are a Million Bucks Now
Starter homes now cost $1 million in many parts of the country, leaving younger generations wondering whether homeownership is still a realistic goal. Jill asks whether buying a house should remain a cornerstone of the American dream, or if the idea itself has become outdated. Plus, caller questions: Dorian is feeling the financial strain of wedding season as travel costs, gifts and pricey trips pile up. And Andrew, a new dad, wants to know whether now is the right time to buy term life insurance. Have a money question? Email askjill@jillonmoney.com.
Less than 40% of U.S. households can afford a starter home, study finds
The typical non-homeowner household earns about $7,000 less than what's needed to buy an entry-level home, according to LendingTree.
Hundreds of U.S. cities now have starter homes that cost $1 million
The number of metropolitan areas around the country with basic homes worth at least $1 million has tripled since 2020.
How much money you need to earn to afford a home in 49 U.S. cities
A household earning the average income would need to spend 40% of its income to afford the typical U.S. home, according to Redfin.
This factor may determine whether you get rich. You don't control it.
Landing a good-paying job may not be enough to buy a home. A new study finds family wealth plays an outsized role in who becomes a homeowner.
The 10 most affordable U.S. cities to buy a home
Buyers can still find lower-cost homes in some midsize cities, especially across the Rust Belt and Sun Belt, a new analysis finds.
Home prices are dropping in one-third of U.S. cities. Here's where.
Cities in Florida and California, where home prices soared during the pandemic, saw some of the steepest declines in property values.
Rival bills want to make homebuying more affordable. Here's how.
Two competing bills would restrict big investors from buying single-family homes, but they take different approaches.
Mortgage rates fall below 6% for the first time since 2022
The decline in the average 30-year mortgage rate could be good news for home shoppers as the spring home-buying season gets rolling.
Exclusive
Bipartisan bill aims to block big investors from buying single-family homes
A bipartisan Senate duo is teaming up on legislation that would ban large investment firms from snapping up single-family homes, a measure they say is aimed at the country's housing affordability crunch.
Will banning big home investors lower prices? Experts are skeptical.
The president reiterated a plan to ban big investors from buying single-family homes, but some experts say bigger remedies are needed.
Why now is a good time to start house-hunting
Housing affordability is improving as more homeowners list their properties, according to data from Zillow.
What Trump's 50-year mortgage plan could mean for homebuyers
Details are still sparse, but a 50-year loan could meaningfully reshape a housing market where 30 years is the norm.
Hidden costs of downsizing to a smaller home
A New York Times piece published last week takes a look at the hidden costs of downsizing, including higher interest rates and unexpected factors in a changing real estate market. Claire Wolters, the author of the story, joined CBS News to discuss.
Spirit Airlines declares bankruptcy for second time in less than a year
Spirit Airlines again filed for bankruptcy protection from its debts only months after emerging from Chapter 11.
Here's where you can buy a mansion for less than $1 million
There are four metro areas across the U.S. where the median cost for a mansion is less than $1 million.
First-time homebuyers face affordability crisis
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.
Inside the housing market slowdown
2025 is shaping up to be the worst year for home sales in U.S. history. Shanelle Kaul reports.
What downturn in housing market means for buyers
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.
Trump floats eliminating federal capital gains tax on home sales
President Trump said he's "thinking about" eliminating capital gains tax on home sales. Here's what that would mean for the housing market.
Investors are purchasing more U.S. homes, as would-be buyers are priced out
The rise in investor home purchases reflects how much the housing market has slowed as traditional buyers are sidelined, according to BatchData.
What's behind the Compass-Zillow dispute?
Real estate giant Compass is suing the digital home-buyer marketplace Zillow over what it's calling the "Zillow ban." James Rodriguez, a real estate reporter for Business Insider, breaks down the dispute.
Senate confirms Todd Blanche, Trump's ex-defense lawyer, as attorney general
In a narrow 50-49 vote, President Trump's former defense lawyer was confirmed as attorney general in a vote early Saturday.
Live
Iran says strait won't open until the U.S. "corrects" behavior
The United Arab Emirates' Abu Dhabi National Oil Company said one of its ships was targeted while transiting the strait on Saturday.
U.S. intel agencies warn Putin could test NATO by authorizing provocative actions
U.S. intelligence assessments indicate Russia could be increasingly willing to authorize provocative actions on NATO territory.
Pentagon revokes security clearance of former Air Force chief
The Pentagon alleged that former U.S. Air Force Secretary Frank Kendall disclosed sensitive information about Air Force One's capabilities to the media.
Senate approves bill to fund government into December
The measure was approved in a 90 to 6 vote and now goes to the House.
Drones spotted over German military base amid uptick in similar incidents
Drone sightings over civilian and cargo airports have been reported more frequently.
Girl dies from injuries after school shooting in Thailand as death toll rises
Five school staff members died in the shooting outside Bangkok. The shooter also appeared to have killed his two grandparents.
Jorge Messi, father of Argentina great Lionel Messi, dies at 68
Jorge Messi served as his son's agent and accompanied him to Europe when he signed with Barcelona as a teenager.
Powerball grows to highest jackpot of the year
The total is also the eighth-largest Powerball jackpot in the game's history.
U.S.
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Video shows Alabama deputies wrangling a 1,500-pound runaway bull
The Pickens County Sheriff's Office said that after "a few slips and falls," the bull was back in custody without any injury.
Powerball grows to highest jackpot of the year
The total is also the eighth-largest Powerball jackpot in the game's history.
Senate confirms Todd Blanche, Trump's ex-defense lawyer, as attorney general
In a narrow 50-49 vote, President Trump's former defense lawyer was confirmed as attorney general in a vote early Saturday.
Senate approves bill to fund government into December
The measure was approved in a 90 to 6 vote and now goes to the House.
Pentagon revokes security clearance of former Air Force chief
The Pentagon alleged that former U.S. Air Force Secretary Frank Kendall disclosed sensitive information about Air Force One's capabilities to the media.
MoneyWatch
More MoneyWatch
A quandary for the Fed: Dealing with hot inflation and cool job growth
A sudden slump in hiring has dramatically changed the outlook for the Federal Reserve's September interest rate decision.
Energy company sues data center over who should pay for AI buildout
At issue is who pays to expand energy infrastructure when a data center needs as much electricity as a midsize city.
Americans got their biggest raises in 40 years. Inflation took most of it.
The typical American's paycheck has grown faster since 2019 than in any stretch since the early 1980s. But prices climbed nearly as fast, swallowing about 80% of the wage increase.
July jobs report reveals unexpected loss of 23,000 jobs
Friday's jobs report showed employers shed jobs last month, rather than adding 95,000 new hires that had been forecast by economists.
Warren presses U.S. companies to share tariff refunds with customers
Companies receiving billions in refunds for U.S. tariffs struck down by the Supreme Court should return money to consumers, Sen. Elizabeth Warren said.
Politics
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Hawaii Rep. Ed Case faces primary challenger and more to watch in today's races
Democratic incumbents in safe districts in New York and Colorado have been ousted so far this year by primary challengers.
Senate confirms Todd Blanche, Trump's ex-defense lawyer, as attorney general
In a narrow 50-49 vote, President Trump's former defense lawyer was confirmed as attorney general in a vote early Saturday.
Senate approves bill to fund government into December
The measure was approved in a 90 to 6 vote and now goes to the House.
Pentagon revokes security clearance of former Air Force chief
The Pentagon alleged that former U.S. Air Force Secretary Frank Kendall disclosed sensitive information about Air Force One's capabilities to the media.
U.S. intel agencies warn Putin could test NATO by authorizing provocative actions
U.S. intelligence assessments indicate Russia could be increasingly willing to authorize provocative actions on NATO territory, with a goal of testing the alliance, U.S. officials said.
HealthWatch
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HealthWatch
Handling health expenses in retirement
Some older Americans find themselves at a loss when it comes to managing healthcare expenses after retirement starts. Jill Schlesinger has tips on how to stay healthy after retiring.
Man has "miracle" recovery after heart defect causes rare massive stroke
One year after a massive stroke nearly incapacitated him, Todd Meiklejohn is opening up about his experience.
"Pink flags" of postpartum psychosis — and more takeaways from "Healthful"
Perinatal psychiatrist Dr. Uruj Kamal Haider and Kriti Lodha joined a special edition of "Healthful" to talk more about mental health conditions, including postpartum psychosis.
The Truth About Postpartum Psychosis
The issue of postpartum psychosis has come to the forefront amid the murder trial of Lindsay Clancy, the 35-year-old mother accused of killing her three children. What are the signs of a mental break, and is the healthcare system failing mothers? In this special episode of Healthful, Norah speaks with Dr. Uruj Kamal Haider, a perinatal psychiatrist who has treated patients with the rare and severe mental health emergency. She also speaks with Kriti Lodha, a postpartum psychosis survivor who has made it her mission to help other mothers.
Flesh-eating bacteria has killed 5 in Louisiana this year, officials say
A flesh-eating bacteria found in warm coastal waters is responsible for at least five deaths so far this year in Louisiana, state health officials reported Thursday.
World
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Costa Rica's newly discovered "coffee frog" faces risks from farm pesticides
Measuring less than 4 centimeters and known as the "spring frog," the dark green-spotted amphibians were observed in San Lorenzo de Tarrazu.
Drones spotted over German military base amid uptick in similar incidents
Drone sightings over civilian and cargo airports have been reported more frequently.
Jorge Messi, father of Argentina great Lionel Messi, dies at 68
Jorge Messi served as his son's agent and accompanied him to Europe when he signed with Barcelona as a teenager.
Wildfires in western Canada forces more than 20,000 people to evacuate
The Bald Range wildfire was first reported on Friday evening.
U.S. pledges $1 billion to Colombia as new right-wing president takes office
Abelardo de la Espriella, a millionaire lawyer with a taste for spectacle, took office Friday.
Entertainment
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Entertainment
Phillip Jeffries turns walls into artwork
A family-owned wallpaper company made luxury design their booming business. Meg Oliver takes a look inside Phillip Jeffries, the decor business turning walls into works of art.
Houndmouth is "Never Gonna Die"
Indiana rock band Houndmouth is acclaimed for their rich harmonies and electric live performances. Their latest record, "Lordy," is a stripped-back, raw return, five years after their last album. Here's Houndmouth with "Never Gonna Die."
Houndmouth plays "Tiger Blood"
Indiana rock band Houndmouth is acclaimed for their rich harmonies and electric live performances. Their latest record, "Lordy," is a stripped-back, raw return, five years after their last album. Here's Houndmouth with "Tiger Blood."
Houndmouth has "Heavy Eyes"
Indiana rock band Houndmouth is acclaimed for their rich harmonies and electric live performances. Their latest record, "Lordy," is a stripped-back, raw return, five years after their last album. Here's Houndmouth with "Heavy Eyes."
8/8: CBS Saturday Morning
Todd Blanche is confirmed as attorney general, fires blaze in Europe and the U.S., plus Houndmouth plays Saturday Sessions.
Technology
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Technology
Where to get the latest CBS Mornings Deals
On this edition of CBS Deals, we show you items that will help improve your everyday lifestyle. Visit cbsdeals.com to take advantage of these exclusive deals today. CBS earns commissions on purchases made through cbsdeals.com.
Meta must pay nearly $1B in fines, court says
Meta, the parent company of Facebook, Instagram, WhatsApp and others, must pay nearly $1 billion after a court found the social media giant to have put children and teen users at risk. A New Mexico judge ruled that Meta must pay $567 million into a fund to pay for harm prevention and awareness, in addition to $375 million in civil penalties previously decided by a jury.
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.
Energy company sues data center over who should pay for AI buildout
At issue is who pays to expand energy infrastructure when a data center needs as much electricity as a midsize city.
Meta fined $567M over child safety issues
Meta, the tech giant that operates Facebook, Instagram, WhatsApp and other platforms, faces another financial penalty for allegedly failing to keep kids safe. A New Mexico judge has ordered Meta to pay $567 million for its failure to warn the public about the dangers its products pose to children.
Science
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Science
Genetically altered beagles offer hope for dog lovers with allergies
Matt Walker, a geneticist and the CEO of Kindred Companion Sciences, joins "CBS Mornings" with his gene-altered beagle, Bailey, to discuss creating future options for people with severe pet allergies.
Most detailed images taken of sun's surface revealed
Researchers were able to peek at the sun's scorching surface with the help of the National Science Foundation's Daniel K. Inouye Solar Telescope, located on the island of Maui in Hawaii.
Bezos, DiCaprio set up massive wildlife fund
Hollywood actor Leonardo DiCaprio and Amazon founder Jeff Bezos have announced a $200 million fund set to protect species on the brink of extinction. Carter Evans has the story.
Dramatic photos show lava spewing from Fuego volcano in Guatemala
Guatemalan officials on Monday began evacuating two villages near the Fuego volcano due to the ongoing eruption.
Rare footage of humpback whale birth captured on drone video
The footage is believed to be only the fourth complete humpback whale birth ever recorded on film anywhere in the world and the first-ever captured by drone.
Crime
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Crime
Police release video of In-N-Out shooting
Three people were killed during a shooting that began at an In-N-Out restaurant in Twin Falls, Idaho. The gunman died of a self-inflicted gunshot wound, police said. Investigators have now released security footage as they probe the motive for the shooting.
Police warn of "video game style" driving
Driving like a "Grand Theft Auto" player in real life is both illegal and highly dangerous, police warn. Kris Van Cleave went on a ride-along to see what the California Highway Patrol is dealing with.
Police release footage of In-N-Out shooting
Police have released surveillance and body camera footage revealing new details about the shooting at an In-N-Out in Twin Falls, Idaho, that killed three people. Carter Evans has more.
Psychiatrists questioned in Clancy trial
Two psychiatrists who treated Lindsay Clancy, the mother from Massachusetts who's charged with murdering her three kids, took the stand Friday. Boston.com reporter Abby Patkin joins CBS News to unpack the day's proceedings.
Inside Lindsay Clancy's Home
As the Lindsay Clancy murder trial continues, jurors hear testimony from the medical professionals who treated her before and after the deaths of her three children, and excerpts of her journal. They also visit key scenes from the night of the killings. "48 Hours" correspondent Erin Moriarty speaks with WBZ-TV reporter and anchor Kristina Rex about emotional courtroom moments, graphic testimony, and the key question at the heart of this case: what was happening in Lindsay Clancy's mind on January 24, 2023?
Space
More Space
Most detailed images taken of sun's surface revealed
Researchers were able to peek at the sun's scorching surface with the help of the National Science Foundation's Daniel K. Inouye Solar Telescope, located on the island of Maui in Hawaii.
SpaceX rocket booster slams into moon, creating crater that could be 16 feet deep
The impact wasn't visible to the naked eye, but photos are expected to come from a lunar satellite at a later time.
Russian Soyuz brings three home after 8 months at space station
The Soyuz MS-28 landing in Kazakhstan brought a 241-day stay in space to a successful conclusion.
SpaceX's Super Heavy-Starship blasts off on 13th test flight
An upgraded version of the world's most powerful rocket is key to landing NASA astronauts on the moon in the agency's Artemis program.
Meteorite that hit home contains "alien world chemistry," experts say
When scientists examined the preserved fragments of a meteorite that crashed in 2024, they found brine-like fluids and key molecules.
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.
Summer music highlights of 2026
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.
Investigating the death of designer Sylvie Cachay
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.
Photos show celebrations at Obama Presidential Center
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
Timeline: The disappearance of George Smith
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Latest CBS News Videos
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Latest CBS News Videos
Inside the destructive wildfires tearing through Washington
The wildfires in Washington state have charred entire neighborhoods around Spokane. Videos showed flames and smoke filling the sky as firefighters work to contain the blazes amid concerns about worsening weather.
Phillip Jeffries turns walls into artwork
A family-owned wallpaper company made luxury design their booming business. Meg Oliver takes a look inside Phillip Jeffries, the decor business turning walls into works of art.
Where to get the latest CBS Mornings Deals
On this edition of CBS Deals, we show you items that will help improve your everyday lifestyle. Visit cbsdeals.com to take advantage of these exclusive deals today. CBS earns commissions on purchases made through cbsdeals.com.
Meta must pay nearly $1B in fines, court says
Meta, the parent company of Facebook, Instagram, WhatsApp and others, must pay nearly $1 billion after a court found the social media giant to have put children and teen users at risk. A New Mexico judge ruled that Meta must pay $567 million into a fund to pay for harm prevention and awareness, in addition to $375 million in civil penalties previously decided by a jury.
Houndmouth is "Never Gonna Die"
Indiana rock band Houndmouth is acclaimed for their rich harmonies and electric live performances. Their latest record, "Lordy," is a stripped-back, raw return, five years after their last album. Here's Houndmouth with "Never Gonna Die."