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 Jill asks whether buying a house should remain a cornerstone of the American dream, or if the idea itself has become outdated.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.
Live
U.N. experts say U.S. may have committed war crimes with 2 Iran strikes
U.N.-commissioned rights experts say there are "reasonable grounds" to believe the U.S. committed war crimes with strikes that killed scores of Iranian civilians.
Patrick Clancy says he still talks to his kids "all the time"
This Sunday on 60 Minutes, Patrick Clancy talks about his grief, his memories of his children, and the baseless conspiracy theories that flooded social media since his ex-wife's murder trial.
First on CBS
Trump ordered DOJ not to appeal ruling loosening gun limits, sources say
President Trump ordered the Justice Department not to appeal a court ruling that loosened restrictions on firearms known as "gangster weapons," sources familiar with the matter told CBS News.
Farmer who voted for Trump says farmers are "all just in survival mode"
Matt Bell said he initially supported Trump's policies but now feels he and other farmers were "sold a bill of goods" that there was a plan to "put America's farmers and ranchers first."
Investigation
There are more trucks on U.S. highways. But the government is inspecting them less.
A CBS News investigation finds that more than 600 people have died in crashes since 2024 with trucks operated by companies that had never been subjected to a roadside safety inspection.
F-16 from Texas crashes in Michigan, evacuation order issued
Blair Township Supervisor Nicole Blonshine said she was told the aircraft was an F-16 but does not have "100% confirmation." The pilot parachuted out before it crashed, she said.
Trump photo shows him viewing "Kennedy Center demolished" document
In court documents filed Wednesday by Rep. Joyce Beatty, a witness said he saw a "forklift run into and hit the pillars" of the building.
Patrick Clancy's wife to appear on 60 Minutes
Ross Douthat's interview with Patrick Clancy and Dr. Rachel Danis airs Sunday on 60 Minutes.
What the Fed's rate hike reveals about Warsh, Trump and inflation
The Fed's first rate hike in more than three years underscores the challenge of taming inflation as the Iran war drags on.
U.S.
More U.S.
First on CBS
Trump ordered DOJ not to appeal ruling loosening gun limits, sources say
President Trump ordered the Justice Department not to appeal a court ruling that loosened restrictions on firearms known as "gangster weapons," sources familiar with the matter told CBS News.
Farmer who voted for Trump says farmers are "all just in survival mode"
Matt Bell said he initially supported Trump's policies but now feels he and other farmers were "sold a bill of goods" that there was a plan to "put America's farmers and ranchers first."
No relief in sight for U.S. drivers as gas and diesel prices surge
The Iran war and Russia-Ukraine conflict are knocking out global refining capacity, pushing fuel prices higher, analysts said.
F-16 from Texas crashes in Michigan, evacuation order issued
Blair Township Supervisor Nicole Blonshine said she was told the aircraft was an F-16 but does not have "100% confirmation." The pilot parachuted out before it crashed, she said.
Senate Democrat blocks bill to shield Americans from data center energy costs
One Senate Democrat scuttled a Republican-led effort to pass legislation aimed at shielding Americans from energy costs attributed to data centers, saying it didn't go far enough.
MoneyWatch
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No relief in sight for U.S. drivers as gas and diesel prices surge
The Iran war and Russia-Ukraine conflict are knocking out global refining capacity, pushing fuel prices higher, analysts said.
What the Fed's rate hike reveals about Warsh, Trump and inflation
The Fed's first rate hike in more than three years underscores the challenge of taming inflation as the Iran war drags on.
1 in 3 Americans with health insurance have medical debt, survey finds
Nearly half of Americans with medical debt owe at least $2,000, forcing them to make tough choices, new research shows.
Millionaires are everywhere in the U.S., new book says
Getting rich in the U.S. is still possible, but the most common path to wealth doesn't involve working for other people, according to a new book.
OpenAI reveals 6 more incidents of "unexpected or concerning" AI behavior
OpenAI has disclosed six reports of "unexpected or concerning" behavior in artificial intelligence models as the debate on AI safety becomes increasingly heated.
Politics
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First on CBS
Trump ordered DOJ not to appeal ruling loosening gun limits, sources say
President Trump ordered the Justice Department not to appeal a court ruling that loosened restrictions on firearms known as "gangster weapons," sources familiar with the matter told CBS News.
Farmer who voted for Trump says farmers are "all just in survival mode"
Matt Bell said he initially supported Trump's policies but now feels he and other farmers were "sold a bill of goods" that there was a plan to "put America's farmers and ranchers first."
Senate Democrat blocks bill to shield Americans from data center energy costs
One Senate Democrat scuttled a Republican-led effort to pass legislation aimed at shielding Americans from energy costs attributed to data centers, saying it didn't go far enough.
White House withdraws ICE director nominee Richard Schroyer
Richard Schroyer's nomination was held up in the Senate. The White House eventually pulled it.
Iran downed at least 2 American drones in recent days, U.S. officials say
Iranian forces in recent days have brought down at least two American MQ-1 unmanned aircraft, according to U.S. officials familiar with the matter.
HealthWatch
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HealthWatch
Conjoined twins separated in Ethiopia
Two-year-old conjoined twin sisters saw each other face-to-face for the first time after a successful 24-hour surgery to separate them. Ian Lee reports from the children's hospital in St. Louis, where it happened.
1 in 3 Americans with health insurance have medical debt, survey finds
Nearly half of Americans with medical debt owe at least $2,000, forcing them to make tough choices, new research shows.
How Olympian Aly Raisman learned to advocate for her own health
In the latest episode of "Healthful," Olympic gold medalist Aly Raisman discusses what she's learned about speaking up for herself and taking care of her body.
Investigation
A trusted seal made websites look legit. The weight-loss drug they sold wasn't.
Selling retatrutide commercially is prohibited by federal law. Yet, companies have promoted the drug on social media, thanks in part to being certified by LegitScript.
Outcome of employment lawsuit could promote use of skimpy health plans
A long-running lawsuit challenging what it means to be an employee and therefore have access to work-based health plans is being closely watched by health policy analysts.
World
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Iran downed at least 2 American drones in recent days, U.S. officials say
Iranian forces in recent days have brought down at least two American MQ-1 unmanned aircraft, according to U.S. officials familiar with the matter.
Canada, EU look to forge an "Alliance for the Future" amid Trump threats
Canada's leader draws regular scorn from President Trump, but European leaders gave him a standing ovation as they aim to push their ties to "the highest level."
Princess Diana's brother claims Charles told him, "we'll forget her soon"
The late Prince Diana's brother claims in a new book that King Charles had "contempt" for his ex-wife, telling him she would be forgotten "soon enough."
1,700-year-old fragment of "Odyssey" discovered inside library book
The paper was found inside a collection of early Christian manuscripts purchased by Utrecht University in the mid-20th century.
Possible U.S. war crimes in Iran cited by U.N.-backed experts
Human rights experts commissioned by the U.N.'s top human rights body say they have found "reasonable grounds" to believe the United States committed war crimes in two strikes in Iran.
Entertainment
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Entertainment
From the archives: Bob Mackie on being dressmaker to the stars
Nine-time Emmy-winning costume designer Bob Mackie, who clothed such musical and comedic talents as Cher, Carol Burnett, Barbra Streisand and Liza Minnelli, died on Sept. 14, 2026 at age 87. In this Sept. 21, 2003 "Sunday Morning" profile, Mackie talked with correspondent Rita Braver about how a star-struck kid growing up outside Hollywood became a dressmaker to the stars, and what fascinates him about divas. He also talked about the tragic death of his son, Robin, from AIDS.
Jacob Tremblay on starring in "Unabomber"
Jacob Tremblay, who stars in Netflix's new film, "Unabomber," sits down with "CBS Mornings" to discuss his career, working with Russell Crowe and what it was like to play a young Ted Kaczynski.
Global Citizen founder explains motivations
The 2026 Global Citizen Festival kicks off in New York City's Central Park in late September. Global Citizen co-founder Hugh Evans explains the charity work his organization does.
Sheeran torched over Macklemore tour ousting
Ed Sheeran is facing intense public backlash after rapper Macklemore, who was set to open his upcoming tour dates, was dropped from the production over pro-Palestine comments. CBS News' Shanelle Kaul reports and Alex Suskind, news director at online music magazine Pitchfork, joins "The Daily Report" to discuss.
Judge Judy's son takes up the gavel in new show
Judge Judy has been a staple of daytime TV for 30 years, but now televised courts are becoming a family affair with her son, Adam Levy, picking up the gavel and donning the robe for "Adam's Law." Judge Levy joins CBS News to preview the new show.
Technology
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Technology
Ethical AI advocate on safety concerns
OpenAI on Thursday revealed an additional six incidents in which its artificial intelligence models exhibited unexpected or concerning behavior. Stuart Russell, a distinguished professor of computer science at UC Berkeley and president of the International Association for Safe and Ethical AI, joins CBS News to discuss.
Rep. Larsen: "We need to get serious" about AI
From terror groups to possible existential threats to rogue bots, safety concerns over artificial intelligence have grown in recent weeks. Democratic Rep. Rick Larsen of Washington joins CBS News to discuss how Congress can act.
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.
FBI expands AI usage despite safety warnings
FBI Director Kash Patel said this week the bureau is expanding its AI usage. That statement came just as OpenAI disclosed 6 new instances of "unexpected or concerning" AI behavior. Ian Krietzberg, AI correspondent at Puck News, joins "The Daily Report."
Experts discuss the potential dangers of AI
Amid growing concerns about the safety of artificial intelligence following resignations and reports of models going rogue, experts joined CBS News to unpack the potential threat AI could pose to humanity.
Science
More Science
Humpback whale seen grieving dead calf in rare footage
The footage shows a female humpback whale staying close to the dead calf as it lies motionless on the seafloor, touching it with its head and fin.
Remains of ancient warhorse given honorific burial discovered in Egypt
Archaeologists say they've discovered the remains of a likely ancient Egyptian warhorse given an honorific burial more than 3,000 years ago.
Anthropic CEO says "exponential" growth of AI is a "warning sign"
Artificial intelligence technology is developing at an "exponential" rate, Anthropic CEO Dario Amodei told CBS News, calling the situation a "warning sign" for the industry that requires serious safeguards.
First-ever adult T. rex trackway found in North Dakota
Paleontologists have identified the first known trackway made by a full-grown Tyrannosaurus rex, and the discovery was made in the North Dakota badlands.
Ig Nobel prizes go to scientists studying cockroach milk, nose-blowing, more
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.
Crime
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Crime
Patrick Clancy, his wife sit with 60 Minutes
Patrick Clancy and his new wife, fertility doctor Rachel Danis, sat down with 60 Minutes this week. Shanelle Kaul has a preview of the story, which airs Sunday.
Government truck safety inspections decline
Government roadside inspections of commercial trucks are declining. With that in mind, a CBS News investigation found more than 2,000 people have been killed since 2019 in accidents involving licensed trucking companies that had no roadside inspection on record before the crash. CBS News senior investigative data journalist Steve Reilly reports.
Philly police probing possible serial murders
Philadelphia police, along with the FBI, are investigating possible serial murders in the city. This comes after investigators discovered evidence tied to at least five missing women in a home in the city's Olney neighborhood. CBS Philadelphia reporter Joe Holden has the latest.
Evidence discovered in "house of horrors"
Investigators are looking into photo and video evidence that appears to show missing women dead inside a so-called "house of horrors" in Philadelphia. CBS News' Jericka Duncan has more on the case.
Coast Guard concerned about AI crime
The U.S. is investigating cyberattacks on two energy tankers to determine whether Iran was involved. CBS News' Nicole Sganga has what you need to know.
Space
More Space
NASA spacecraft discovers moon crater bigger than Roman Colosseum
Scientists have discovered a crater on the moon that's bigger than the Roman Colosseum, the result of a powerful impact two years ago.
NASA launches its Roman Space Telescope to explore the hidden universe
NASA's Roman Space Telescope launched shortly after daybreak from Kennedy Space Center and blazed toward an observation point 1 million miles away.
Roman Space Telescope promises 300-megapixel views of the cosmos
The $4.3 billion telescope is expected to discover tens of thousands of exoplanets while probing the nature of mysterious dark matter and energy.
First on CBS
Trump to honor Artemis II crew with nation's top space medal
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.
NASA's Swift telescope will plunge toward Earth after rescue mission called off
The mission to save NASA's sinking space telescope has been called off, dooming the telescope to a fiery reentry later this year.
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.
Dolly Parton: An extraordinary life in pictures
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.
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.
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.
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.
Latest CBS News Videos
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Latest CBS News Videos
Legal expert on Trump's Kennedy Center battle
President Trump has suggested that he might demolish the Kennedy Center in Washington, D.C. CBS News legal contributor Jessica Levinson breaks down the constitutional implications.
Patrick Clancy, his wife sit with 60 Minutes
Patrick Clancy and his new wife, fertility doctor Rachel Danis, sat down with 60 Minutes this week. Shanelle Kaul has a preview of the story, which airs Sunday.
Ethical AI advocate on safety concerns
OpenAI on Thursday revealed an additional six incidents in which its artificial intelligence models exhibited unexpected or concerning behavior. Stuart Russell, a distinguished professor of computer science at UC Berkeley and president of the International Association for Safe and Ethical AI, joins CBS News to discuss.
Rep. Larsen: "We need to get serious" about AI
From terror groups to possible existential threats to rogue bots, safety concerns over artificial intelligence have grown in recent weeks. Democratic Rep. Rick Larsen of Washington joins CBS News to discuss how Congress can act.
Buffalo Bills kick off NFL Week 2
The Buffalo Bills kick off Week 2 of the NFL season with a home opener in their new stadium Thursday night. CBS Sports NFL analyst Mike Renner has more.