Buyers return to ARMs as mortgage rates jump above 4%
With rates at their highest point since 2019, some buyers are turning to adjustable-rate mortgages for affordability.
Real Estate
Pandemic impact on commercial real estate
A shift to remote work during the COVID-19 pandemic emptied out offices across the U.S., but companies are now bringing their workers back. However, the real estate market for offices is in a whole different place than it was before the pandemic. Crain's New York Business editor-in-chief Cory Schouten joins CBS News to discuss how small businesses and tenants have the upper hand.
The best places to live in the U.S. in 2022
Did your city make the cut?
New U.K. law puts oligarchs under pressure
Russian oligarchs in the U.K. are coming under increasing pressure from both international sanctions and a new British law that aims to increase transparency in real estate purchases. CBS News foreign correspondent Imtiaz Tyab reports on some of the U.K.'s notorious oligarchs and their stately homes.
A record number of homes are now worth $1 million or more
Real estate prices surged during the pandemic, with 1 in 12 homes now worth at least $1 million, a new analysis finds.
Asking price for typical U.S. home nears $400,000, a record high
First-time buyers face "challenging conditions" and affordability concerns, a real estate economist said.
For most Americans, owning a home is now a distant dream
As housing prices soar, owning a home in the U.S. "is a signifier of the upper class now," one real estate economist says.
A lost check and a found purpose
Many homeless people are haunted by drug addiction, mental illness or a criminal past. Elmer Alvarez knows those demons all too well. But when he found a check for $10,000, he knew he had to track down the woman it belonged to. Now, they’re teaming up to help others. Steve Hartman has their story "On The Road."
Preserving the Thain Family Forest
A small, old-growth forest found inside the New York Botanical Garden is one of the last remnants of what New York was like before New York City existed. It's survived everything from war to farming to real estate development. Now, it now faces a new threat. Michael George has more.
Zillow projects increase in home prices next year
On the heels of a hot housing market in 2021, Zillow says it expects home prices to increase 11% in 2022. Kunal Lunawat, managing partner and co-founder of real estate technology-focused fund Agya Ventures, joins CBSN's Elise Preston to discuss.
Climate change impacts Great Lakes coastline
It's not just the U.S. coasts experiencing climate change. Communities along the shores of the Great Lakes are seeing it too. Ben Tracy has more for CBS News' series Eye on America.
The 10 top housing markets of 2022: Think Boise, not Big Apple
The hottest real-estate markets next year are likely to be smaller cities with greater affordability, Realtor.com says.
U.S. in need of 2.2 million construction workers
The nationwide shortage of homes for sale is being driven, in part, by a severe shortage of builders. The construction industry says more than 2 million new workers will be needed over the next three years to meet demand. Mark Strassmann takes a look.
The full episode of the CBS Evening News from December 26, 2013
The first indication of how much Americans spent on holiday shopping shows lower-than-expected figures. According to MasterCard SpendingPulse, retail shopping was up 2.3 percent, less than the 3.9 percent the National Retail Federation projected; and, Chicken farmer and romance novelist Catherine Elliott's latest works are aimed at a new audience: chickens.
Zillow to cut 25% of staff as it closes house-flipping service
CEO concedes that forecasting housing prices is much harder than the real estate firm expected.
How coronavirus affects the housing market
The housing market has taken a hit since the start of the coronavirus pandemic, but there is hope now that some states are reopening. Jonathan Vigliotti takes a look.
Infrastructure risk: Floods could wipe out 25% of U.S. roads
Roads, hospitals, water treatment plants also in danger of becoming inoperable. "It's just bonkers," one researcher said.
Mortgage payments are increasingly unaffordable for homebuyers
The typical homebuyer must now spend almost a third of income toward their housing costs, the highest since 2008.
How past housing discrimination is still affecting families today
The typical Black family has only a fraction of the wealth of the average White family, and many experts say real estate is the root of the problem.
Stocks plummet over Chinese real estate woes
Wall Street had its worst day since May amid fears that a Chinese real estate company could default, and that the Federal Reserve could begin ending stimulus measures it enacted during the pandemic.
NPR: Feds selling homes in flood-prone areas
More frequent flooding due to severe weather events has become a major concern in many American cities, but an NPR investigation found that the U.S. Department of Housing and Urban Development has been selling homes in flood zones without fully disclosing the risk to buyers. A spokesperson for the agency told the outlet it requires people who buy these homes to get flood insurance if they want a mortgage backed by the department. Meanwhile, the federal government is spending millions of dollars to move people out of these flood-prone areas. Huo Jingnan, an assistant producer with the NPR investigations team, joins CBSN to discuss.
Fannie Mae to consider rent payments in home-loan approvals
Millions of renters with little or no credit record have been shut out of the American dream of home ownership. That could soon change.
Real estate markets skyrocketing in major U.S. cities
Millions of people left major cities in 2020 during the pandemic shutdown, but now many are returning. The real estate markets are skyrocketing, with Manhattan real estate brokers reporting the number of sales surging to the highest level in six years. Michael George reports.
Top places to live in the U.S.
U.S. News & World Report's real estate editor Devon Thorsby joins “CBS This Morning” to discuss the top places to live in the U.S. She shares what real estate trends from the pandemic are here to stay.
Home prices jump at fastest pace in more than 15 years
House-hunters are bidding up prices amid a scarcity of properties, driving up residential real estate costs.
Live
Artemis II launch live updates as NASA begins historic moon mission
NASA's Artemis II astronauts launched on a nine-day mission around the moon and back. Follow live updates.
Live
Iran announces new strikes on U.S. targets hours ahead of Trump speech
Trump says he expects the U.S. war with Iran to end within several weeks despite unrelenting attacks from both sides and Iran's iron grip on the Strait of Hormuz.
Supreme Court casts doubt on Trump's order to end birthright citizenship
The Supreme Court on Wednesday appeared open to invalidating President Trump's executive order that would end birthright citizenship.
Trump's address on Iran war tonight will lay out timeframe for ending conflict
President Trump is updating the nation on U.S. operations in Iran as he threatens to withdraw from NATO.
Trump, GOP leaders unveil plan to end DHS shutdown
GOP leaders unveiled a plan to end DHS shutdown, mirroring a framework that the Senate pursued last week before it was quickly batted down by House Republicans.
Exclusive
DHS scraps Noem policy requiring secretary's review of all contracts above $100K
The Noem policy meant the secretary was required to personally sign off on thousands of DHS contracts.
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.
Federal government appealing order releasing 5-year-old from immigration custody
The federal government may try to send 5-year-old Liam Conejo Ramos back to detention.
Trump indicates he'll try to pull U.S. out of NATO
President Trump has told Britain's Telegraph newspaper he could try to terminate U.S. membership in NATO. He's railed against NATO allies for refusing to join the Iran war.
U.S.
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Americans say this is their "magic number" to retire comfortably
Most people fall far short of the savings they say they will need to maintain their standard of living in retirement, data shows.
Ted Bundy's DNA linked to death of Utah teen in 1974, sheriff's office says
Bundy's full DNA profiled was entered into the FBI's national database, giving investigators a shot at solving potential cases linked to Bundy.
How high could oil and gas prices go if the Strait of Hormuz remains closed?
"The scary scenarios are, unfortunately, extremely plausible" if the critical Persian Gulf waterway stays effectively sealed, economist Paul Krugman said.
Trump's address on Iran war tonight will lay out timeframe for ending conflict
President Trump is updating the nation on U.S. operations in Iran as he threatens to withdraw from NATO.
Trump, GOP leaders unveil plan to end DHS shutdown
GOP leaders unveiled a plan to end DHS shutdown, mirroring a framework that the Senate pursued last week before it was quickly batted down by House Republicans.
MoneyWatch
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Americans say this is their "magic number" to retire comfortably
Most people fall far short of the savings they say they will need to maintain their standard of living in retirement, data shows.
How high could oil and gas prices go if the Strait of Hormuz remains closed?
"The scary scenarios are, unfortunately, extremely plausible" if the critical Persian Gulf waterway stays effectively sealed, economist Paul Krugman said.
Elon Musk's SpaceX files confidential initial public offering
The Texas-based company could go public with a valuation of more than $1.75 trillion, making it the largest IPO in history.
Will the Iran war slow U.S. hiring? Economists say risks are rising.
With oil prices rising and hiring already slowing, economists warn the Iran war could further weigh on U.S. job growth.
Hershey says it will shift back to classic Reese's recipe after backlash
Hershey said Wednesday it will use classic recipes for all Reese's products starting next year, after getting criticism for changing the popular treats.
Politics
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Trump admin. lifts sanctions on Delcy Rodriguez, Venezuela's acting president
The Trump administration has lifted sanctions on Venezuela's interim President Delcy Rodriguez, according to the Treasury Department, as the U.S. seeks to rebuild ties with the Venezuelan government.
Federal government appealing order releasing 5-year-old from immigration custody
The federal government may try to send 5-year-old Liam Conejo Ramos back to detention.
State Department overhauls Foreign Service Officer Test
The State Department announced Wednesday that it is modifying the Foreign Service Officer Test to reflect the foreign policy goals of the Trump administration.
Trump's address on Iran war tonight will lay out timeframe for ending conflict
President Trump is updating the nation on U.S. operations in Iran as he threatens to withdraw from NATO.
Trump, GOP leaders unveil plan to end DHS shutdown
GOP leaders unveiled a plan to end DHS shutdown, mirroring a framework that the Senate pursued last week before it was quickly batted down by House Republicans.
HealthWatch
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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.
State health plan for foster kids threatened 8-year-old's cancer care
North Carolina and other states have insurance plans for kids in foster care, but many doctors did not accept patients on the plans, leaving kids' guardians scrambling to find health care providers.
States pay contractors millions to comply with Trump law to cut Medicaid rolls
The One Big Beautiful Bill Act will add red tape and restrictions for those seeking Medicaid and SNAP benefits. And the costs to update computer systems that determine eligibility for those programs will be steep.
Hockey player diagnosed with Stage IV cancer at 26: "It was surreal"
David Lyon is one of the rising number of young adults to be diagnosed with colorectal cancer.
What to know about the "wild, wild West" of viral peptide claims
Here's what to know about peptides, what they can and can't do, and what's driving viral claims about possible health benefits online.
World
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Trump admin. lifts sanctions on Delcy Rodriguez, Venezuela's acting president
The Trump administration has lifted sanctions on Venezuela's interim President Delcy Rodriguez, according to the Treasury Department, as the U.S. seeks to rebuild ties with the Venezuelan government.
Trump's address on Iran war tonight will lay out timeframe for ending conflict
President Trump is updating the nation on U.S. operations in Iran as he threatens to withdraw from NATO.
Activist ship's collision with krill trawler called "deliberate attack"
A video shows the moment when the M/V Bandero, operated by the Captain Paul Watson Foundation, steams toward the stern of the fishing vessel.
Exclusive
U.S. commandos in Ecuador for mission targeting alleged narco-terrorists
American commandos joined Ecuadorian troops in a joint mission aimed at dismantling a suspected criminal hub along the country's coast.
King Charles III to address Congress on April 28
Congressional leaders announced that Britain's King Charles III will address a joint meeting of Congress as part of his visit to Washington later this month.
Entertainment
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Entertainment
Kenan Thompson on new children's book
Actor and comedian Kenan Thompson joins "CBS Mornings" to discuss his new children's book, "Unfunny Bunny."
Crew that flew Apache helicopters near Kid Rock's house suspended
Kid Rock posted videos of the helicopters hovering by his Nashville home on social media over the weekend. The Army later confirmed the helicopters were on a training mission.
Taylor Swift sued for trademark infringement
Taylor Swift is being sued by Las Vegas performer Maren Wade who has accused the superstar of trademark infringement over her latest album, "The Life of a Showgirl." Wade is the creator of the "Confessions of a Showgirl" podcast, which started as a column in 2014.
Sharon Stone talks new season of "Euphoria"
Sharon Stone reflected on her legendary career as she discussed joining the cast of "Euphoria," working with the show's creator, Sam Levinson, and how she has advocated for women in the entertainment industry.
Taylor Swift sued for trademark infringement over "The Life of a Showgirl"
A Las Vegas performer has sued Taylor Swift over the title of her hit album "The Life of a Showgirl," alleging it violates the performer's trademark.
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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Live
Artemis II launch live updates as NASA begins historic moon mission
NASA's Artemis II astronauts launched on a nine-day mission around the moon and back. Follow live updates.
Snowy owl, cheetah among 40 species granted international protection
According to a recent report, nearly one in four species catalogued by the CMS are threatened with extinction on a worldwide scale.
Everything to know about NASA's Artemis II moon mission
NASA is poised to launch four astronauts on a historic nine-day trip around the moon and back. Here's everything to know about the Artemis II mission.
Arctic sea ice hits lowest winter level as heat records are shattered worldwide
Arctic sea ice levels are crucial to Earth's climate because, without the ice reflecting sunlight, more heat energy goes into the oceans.
Sharks in Bahamas test positive for caffeine, painkillers, cocaine
Marine biologists found detectable levels of caffeine, cocaine and the over-the-counter painkillers in the blood of 28 sharks.
Crime
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Ted Bundy's DNA linked to death of Utah teen in 1974, sheriff's office says
Bundy's full DNA profiled was entered into the FBI's national database, giving investigators a shot at solving potential cases linked to Bundy.
Baby in stroller killed in apparent stray-bullet shooting in Brooklyn
A child was being pushed in a stroller at Moore and Humboldt streets in East Williamsburg on Wednesday when she suffered a gunshot wound to the head, police said.
Kentucky Powerball winner arrested again
James Farthing, who won the $167.3 million Powerball jackpot last April, was arrested for a third time since collecting his grand prize. CBS News' Shanelle Kaul has more.
Son of Hawaii doctor testifies at trial
The son of a Maui doctor testified that his father confessed to him over FaceTime to trying to kill his stepmother, Arielle Konig, on a hike last year. Prosecutors allege Gerhardt Konig tried to push his wife off a cliff, attempted to inject her with a syringe and hit her in the head with a rock.
Luigi Mangione lawyers seek to postpone trial
Lawyers for Luigi Mangione, the man charged with the murder of UnitedHealthcare CEO Brian Thompson, are seeking to postpone his federal murder trial. CBS News' Lilia Luciano reports.
Space
More Space
Live
Artemis II launch live updates as NASA begins historic moon mission
NASA's Artemis II astronauts launched on a nine-day mission around the moon and back. Follow live updates.
How to watch the Artemis II launch
As launch time approaches for NASA's first moonshot in more than half a century, anticipation is building for the Artemis II mission. Here's how to watch today's liftoff.
Smooth countdown continues for Artemis II moon mission
Forecasters continue to predict an 80% chance of favorable weather on Wednesday for the launch of four astronauts on a flight to the moon.
Countdown begins for long-awaited Artemis II moon mission
Countdown clocks began ticking Monday, setting the stage for launch of the Artemis II moon mission early Wednesday evening.
These 4 astronauts are making history on flight around the moon
NASA's Artemis II astronauts — three space station veterans and a Canadian rookie — stand out even in an astronaut corps full of super achievers.
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
Kids react to Artemis II launch
Crowds of people watched the Artemis II rocket take off on Wednesday evening from the Kennedy Space Center in Florida. CBS News' Rob Marciano spoke with one family for their reaction.
Watch: NASA's Artemis II launches
In a historic mission with four crew members onboard, NASA launched its Artemis II rocket at 6:35 p.m. on Wednesday. Watch the liftoff.
Artemis II gets go command for launch
NASA ran its final "go/no-go poll," ahead of the planned Artemis II flight on Wednesday. Retired NASA astronaut Peggy Whitson and CBS News senior space consultant Bill Harwood reacted to the command.
Kid prepares for Artemis II launch
People from across the country have traveled to the Kennedy Space Center area ahead of the planned Artemis II launch, including young people and kids. CBS News' Rob Marciano talks with an Atlanta dad and son from Space View Park in Florida.
Inside the history of the Artemis II launch
NASA's Artemis II crew is set for a historic liftoff on Wednesday. Jack Kiraly, director of government relations for the Planetary Society, and Harrison Schmitt, an Apollo 17 astronaut, join CBS News to preview the Artemis II launch.