1/14/2024: Commercial Real Estate; Master of the Mind
First, how empty offices spell trouble for landlords. And, a look at how a neurosurgeon is targeting Alzheimer's and addiction.
Real Estate
8 U.S. cities where you must earn at least $100,000 to live comfortably
Since the pandemic, the monthly rent for a typical apartment around the U.S. has surged almost 30% to $1,858, Zillow data shows.
Eye on America: Starter home struggles
In Texas, we examine how a shortage of millions of homes for sale is driving up demand and squeezing out families looking to purchase starter homes. And in Massachusetts, we hear from members of the sandwich generation, whose responsibilities taking care of multiple generations of their family have come at a cost to their retirement savings. Watch these stories and more on Eye on America with host Michelle Miller.
Why many potential buyers have been scared away from Florida's condo market
Owners of older South Florida condominiums have seen a surge in special assessment fees for safety upgrades in response to a state law passed following the 2021 Surfside partial building collapse.
Florida condo owners have unsellable homes
After a new state law passed following the Surfside condominium collapse in 2021, some say additional costs are turning away buyers. Skyler Henry reports.
Average mortgage rates increasing
The average rate for a standard 30-year fixed mortgage climbed to 6.83% this week. That's up a quarter of a percentage point from the week before and the highest rate in two months. CBS News MoneyWatch correspondent Kelly O'Grady breaks it down.
CEO expects home building prices to rise
With back and forth from the Trump administration on tariff plans, some home builders and buyers are raising concerns about the long-term impact on the housing industry. President and CEO of the National Association of Home Builders Jim Tobin joins "The Daily Report" with his perspective. After that, CBS News journalists ask Americans their top questions about tariffs. CBS News' Jill Schlesinger and Kelly O'Grady have answers.
11/20: CBS News Mornings
Remembering Rosalynn Carter; MoneyWatch reports U.S. real estate commissions among highest in the world.
Why more Americans are leaving the cities
As rising mortgage costs make homeownership in big cities out of reach, Americans are flocking to exurbs—smaller towns on the outskirts of major metropolitan areas. Zillow's chief economist, Skylar Olsen, joins us to discuss the growing trend, with monthly mortgage payments nearly doubling from 2020 to 2024. Many are opting for exurbs, where housing is more affordable, yet still within commuting distance of major cities.
Homelessness jumped to a new record this year as housing costs soared
Federal officials say homelessness rose 18% in 2024, driven mostly by a lack of affordable housing.
Real estate broker Alexander brothers charged with sex trafficking
Real estate brokers Oren and Tal Alexander and their brother Alon are facing sex trafficking charges in New York.
Wealthy real estate brokers arrested
Real estate brokers Oren and Tal Alexander and their brother, Alon, have been indicted on charges of sex trafficking. CBS News' Shanelle Kaul reports on the federal investigation.
How Trump's economic agenda could affect mortgage rates in 2025
Here's what a noted housing expert thinks will happen to mortgage rates next year as Donald Trump outlines his priorities.
Has life in the U.S. become too political? You can buy a house in Italy for $1.
A village in Sardinia is trying to entice politics-weary Americans to buy cheap homes in Italy.
TurboTenant Streamlines Real Estate Investing
TurboTenant is the free, all-in-one property management platform that helps real estate investors make their rental business more successful. Place properties on top listing websites, screen tenants, create leases and collect rent all in one place.
Here's how much Donald Trump is worth, from his DJT stock to real estate
Donald Trump is still a billionaire, but his net worth has fluctuated sharply this year along with the value of one of his main investments.
What to know about estate planning
A new survey shows the number of Americans with a will has decreased by 6% from last year, even though the majority say having a will is important. CBS News business analyst Jill Schlesinger explains what to know about estate planning and your will.
Walmart is selling a tiny house for less than $16,000
Walmart's prefab house includes space for a bedroom, living room, bathroom, dining room and kitchen, but appliances are sold separately.
"Mornings Memory": 1979's tough market
In today's tough housing market, homebuyers face high mortgage rates — but it's not the first time. A CBS News report from 1979 shows a young family in Chicago struggling with even steeper rates of 11%. Here's a look back at how history is repeating itself.
Vance says immigration is causing a housing crunch. Here's what to know.
In Tuesday's vice presidential debate, Sen. JD Vance claimed that housing in the U.S. "is totally unaffordable" due to immigrants. Here's what to know.
Minnetonka realtor bridging language gaps to build opportunities, sell homes
A Minnetonka realtor is using his Spanish-speaking ability to build generational wealth for other immigrants.
How one first-time homebuyer spent three years searching for a house
The real estate market is especially tough for first-time homebuyers like Shruti Chauhan, who has been hunting for years.
What can revive the American starter home?
Americans are increasingly unable to afford starter homes in many cities across the U.S. Among the problems, there's a shortage of about 5 million homes for sale or rent, and that's driving up prices. Mark Strassmann reports on the crisis and what's being done to try to fix it.
Some Americans not confident on homebuying
A CBS News poll found that some Americans are not confident they will ever reach the American Dream. CBS News correspondent Nancy Chen breaks down why.
Man sues realtor he claims withheld Bezos' identity in $79M home sale
Businessman Leo Kryss alleges he wouldn't have shaved $6 million from his mansion's sale price if he had known Bezos was buyer.
Exclusive
U.S. service members in Kuwait suffered brain trauma, burns, shrapnel wounds
About 30 U.S. service members remained hospitalized Tuesday after an Iranian drone strike in Kuwait.
Live
Trump vows to end war "soon" as Iran hits ships and threatens banks
Trump says he'll end the war soon, when he wants to, as Iran hits 3 ships near the Strait of Hormuz and warns U.S.-linked banks will be next.
NYPD cop who chased down bomb suspect had just one thought: "Catch the bad guy"
NYPD Chief Aaron Edwards hopped a metal barrier to chase down a suspect accused of throwing IEDs during clashing protests outside Gracie Mansion.
Trump releasing 172 million barrels of oil from reserve as prices soar amid Iran war
President Trump ordered the release of 172 million barrels of oil from the U.S.'s Strategic Petroleum Reserve on Wednesday, after oil prices rocketed to their highest levels in years amid the U.S.'s war with Iran.
Epstein's longtime accountant tells Congress he didn't know about abuse
Richard Kahn was one of Epstein's closest associates in his final years, managing his finances and investments.
Trump administration takes steps to impose new tariffs
The Supreme Court ruled in February that the president lacks the authority to impose unilateral tariffs using an emergency powers law.
3 brothers arrested in connection with U.S. embassy explosion in Norway
The men were Norwegian citizens of Iraqi origin who were not previously known to police, police prosecutor Christian Hatlo said.
Democratic Sen. John Fetterman says war with Iran has been "effective"
"I think, overall, what's accomplished is remarkable," Sen. John Fetterman told CBS News chief White House correspondent Major Garrett in an interview Wednesday.
1,300-pound NASA satellite re-enters Earth's atmosphere after 14 years in space
The Van Allen probe's mission was meant to last two years, but ended up going for nearly seven.
U.S.
More U.S.
NYPD cop who chased down bomb suspect had just one thought: "Catch the bad guy"
NYPD Chief Aaron Edwards hopped a metal barrier to chase down a suspect accused of throwing IEDs during clashing protests outside Gracie Mansion.
Fetterman calls Trump's criticism of mail-in voting "ridiculous"
"The president is constantly critical on mail-in voting, and that's ridiculous," Democratic Sen. John Fetterman said Wednesday.
Trump releasing 172 million barrels of oil from reserve as prices soar amid Iran war
President Trump ordered the release of 172 million barrels of oil from the U.S.'s Strategic Petroleum Reserve on Wednesday, after oil prices rocketed to their highest levels in years amid the U.S.'s war with Iran.
Officials downplay risk of Iranian drone attacks off California after FBI memo
FBI memo warning that Iran may try to launch drones at California in a seaborne "surprise attack" raised concern Wednesday — but officials tell CBS News there is no known, specific threat underpinning it.
Trump administration takes steps to impose new tariffs
The Supreme Court ruled in February that the president lacks the authority to impose unilateral tariffs using an emergency powers law.
MoneyWatch
More MoneyWatch
Trump releasing 172 million barrels of oil from reserve as prices soar amid Iran war
President Trump ordered the release of 172 million barrels of oil from the U.S.'s Strategic Petroleum Reserve on Wednesday, after oil prices rocketed to their highest levels in years amid the U.S.'s war with Iran.
FTC to refund more than $47 million to consumers allegedly deceived by Invitation Homes
A 2024 government lawsuit accused Invitation Homes of deceiving renters about lease costs, charging undisclosed junk fees and other unlawful practices.
What is XMoney, Elon Musk's new digital payments platform?
Elon Musk said his long-planned payments platform, dubbed XMoney, is set to launch for select users. Here's what to know.
Howard Schultz leaves Seattle as local lawmakers mull millionaire tax
Howard Schultz said he and his wife will move to Florida as Washington weighs a roughly 10% annual tax on earnings over $1 million.
IEA to release 400 million barrels of oil in move to lower energy prices
The emergency oil release — the largest in the multinational organization's history — could help ease oil prices in the short term, according to analysts.
Politics
More Politics
Fetterman calls Trump's criticism of mail-in voting "ridiculous"
"The president is constantly critical on mail-in voting, and that's ridiculous," Democratic Sen. John Fetterman said Wednesday.
Trump releasing 172 million barrels of oil from reserve as prices soar amid Iran war
President Trump ordered the release of 172 million barrels of oil from the U.S.'s Strategic Petroleum Reserve on Wednesday, after oil prices rocketed to their highest levels in years amid the U.S.'s war with Iran.
Officials downplay risk of Iranian drone attacks off California after FBI memo
FBI memo warning that Iran may try to launch drones at California in a seaborne "surprise attack" raised concern Wednesday — but officials tell CBS News there is no known, specific threat underpinning it.
Trump administration takes steps to impose new tariffs
The Supreme Court ruled in February that the president lacks the authority to impose unilateral tariffs using an emergency powers law.
Democratic Sen. John Fetterman says war with Iran has been "effective"
"I think, overall, what's accomplished is remarkable," Sen. John Fetterman told CBS News chief White House correspondent Major Garrett in an interview Wednesday.
HealthWatch
More HealthWatch
"I was fighting to survive": Patients still struggle with preauthorization hurdles
Last summer, the Trump administration announced a voluntary pledge by health insurers to reform prior authorization, but patient advocates and medical providers remain skeptical.
Investigation
There's one building in LA with 89 registered hospices: "Ground zero" for fraud?
A CBS News analysis of records for every hospice operating in Los Angeles County finds indications of fraud are growing.
Raw oysters and clams recalled in 9 states over norovirus risks
Food containing norovirus may smell and taste normal but still cause serious illness if consumed, FDA warns.
More kids are in ERs for tooth pain. Budget cuts and fluoride fights aren't helping.
Dentists, hygienists, and researchers say a shortage of rural dental care professionals and worsening oral hygiene since the COVID-19 pandemic mean more kids are ending up in the emergency room for tooth decay.
Baby sleepsuit sold at Walmart recalled over potential choking hazard
The zipper head on the recalled HALO Magic Sleepsuits poses a danger to babies, according to the U.S. Consumer Product Safety Commission.
World
More World
3 brothers arrested in connection with U.S. embassy explosion in Norway
The men were Norwegian citizens of Iraqi origin who were not previously known to police, police prosecutor Christian Hatlo said.
550-pound WWII bomb defused after thousands evacuated
The discovery caused officials to evacuate 18,000 people on Wednesday, the largest such operation ever in the city, emergency services said.
Exclusive
U.S. service members in Kuwait suffered brain trauma, burns, shrapnel wounds
About 30 U.S. service members remained hospitalized Tuesday after an Iranian drone strike in Kuwait.
IEA to release 400 million barrels of oil in move to lower energy prices
The emergency oil release — the largest in the multinational organization's history — could help ease oil prices in the short term, according to analysts.
Live
Trump vows to end war "soon" as Iran hits ships and threatens banks
President Trump says he'll end the war soon, when he wants to, as Iran hits three ships near the Strait of Hormuz and warns U.S.-linked banks will be next.
Entertainment
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Entertainment
"Sinners" cinematographer on crafting scenes
Oscar-nominated "Sinners" cinematographer Autumn Durald Arkapaw watches scenes from the film with Anthony Mason and breaks down how some of its most memorable moments were created. She also shares how her collaboration with director Ryan Coogler helped define the film's look.
Flavor Flav celebrates women athletes
Pop culture icon Flava Flav stopped by "CBS Mornings" to discuss his plans to celebrate women Olympic and Paralympic medalists from the 2026 Winter Games.
Kurt Russell talks drama series "The Madison"
Kurt Russell, who stars in "The Madison," spoke to "CBS Mornings" about the series, explaining the script "was so familiar" and that he related to it. Russell praised creator Taylor Sheridan, who was also behind the popular series "Yellowstone," and discussed what it was like to work with Michelle Pfeiffer again decades later.
Oscars 2026: Behind the scenes with the best actor nominees
Watch scenes from the performances nominated for best actor at the 98th annual Academy Awards, as well as interviews with the nominees.
Dorrance on preserving tap dancing history
American tap dancer Michelle Dorrance talks to CBS News chief medical correspondent Jon LaPook about Brenda Bufalino's impact and preserving the 88-year-old's artistry for future generations in a project at the New York Public Library for the Performing Arts.
Technology
More Technology
Technology
Memory chip shortage could raise tech prices
An explosion in artificial intelligence data centers and cloud computing is shrinking the supply of memory chips, which is having a major impact on the price consumers pay for everyday tech. CNET editor-in-chief David Katzmaier joins CBS News to discuss.
What is XMoney, Elon Musk's new digital payments platform?
Elon Musk said his long-planned payments platform, dubbed XMoney, is set to launch for select users. Here's what to know.
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 Hollywood is grappling with AI
AI-generated artist Tilly Norwood and the company behind her released a new music video speaking directly to her critics. As AI evolves, Hollywood faces questions over legal protections, copyright infringement and human labor. Jo Ling Kent reports.
Details on Pentagon removal of Claude
CBS News exclusively obtained a Pentagon memo from earlier this month that went out to several senior defense leaders and commanders. It ordered the removal of Anthropic's AI technology from key national systems. Jo Ling Kent reports.
Science
More Science
Sea levels higher than thought due to "methodological blind spot," study says
A new study in the journal Nature says most sea level rise research may have underestimated coastal water heights by an average of 1 foot.
NASA announces major overhaul of Artemis moon program "to take down risk"
NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
What scientists will be looking for when government UFO files are released
Documents might help scientists shed light on unexplained phenomena and government secrets, experts said.
In a first, shark seen on camera in Antarctica waters, surprising researchers
A large shark was caught on camera for the first time in Antarctica's waters, surprising researchers. "There's a general rule of thumb that you don't get sharks in Antarctica," one said.
How Washington's crossing of the Delaware presaged a changing world
On the evening of Christmas 1776, Gen. George Washington surprised the King's forces by leading the Continental Army in a surprise crossing of a near-frozen Delaware River - a watershed military maneuver that dramatized a changing America, and a changing climate.
Crime
More Crime
NYPD cop who chased down bomb suspect had just one thought: "Catch the bad guy"
NYPD Chief Aaron Edwards hopped a metal barrier to chase down a suspect accused of throwing IEDs during clashing protests outside Gracie Mansion.
Officials downplay risk of attacks off West Coast
Officials are downplaying the risk of Iranian drone attacks against California after an FBI memo said the regime "allegedly aspired" to target the Golden State. CBS News homeland security correspondent Nicole Sganga reports. Then, former FBI Special Agent Jeff Harp joins with analysis.
NYPD officers on response to terror incident
A picture of an NYPD chief responding to the terror incident outside Mayor Zohran Mamdani's residence last week has gone viral. CBS News' Anna Schecter has more about what happened that day.
New details in Georgia teacher's death
The family of a Georgia student charged in what investigators describe as a prank gone horribly wrong says they are grieving the tremendous loss to the community. CBS News correspondent Elaine Quijano has the latest.
Man crashes car into barrier near White House
Police in Washington, D.C., arrested a man after he crashed a car into a barricade near the White House on Wednesday morning. CBS News homeland security correspondent Nicole Sganga reports.
Space
More Space
Space
1,300-pound NASA satellite to crash on Earth
Nearly 14 years after it was launched in 2012, NASA says a 1,300-pound satellite is expected to come crashing back to Earth on Wednesday. Most of it will burn up as it reenters the atmosphere, but NASA warns some debris could survive reentry.
1,300-pound NASA satellite re-enters Earth's atmosphere after 14 years in space
The Van Allen probe's mission was meant to last two years, but ended up going for nearly seven.
Why NASA is overhauling Artemis program
NASA has announced a major overhaul of its Artemis moon program amid ongoing safety concerns. CBS News space consultant Bill Harwood has more details.
How NASA plans to get astronauts on the moon
NASA announced an overhaul to its Artemis moon program as safety concerns persist. CBS News space contributor Christian Davenport breaks down the key takeaways.
NASA announces major overhaul of Artemis moon program "to take down risk"
NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
Latest Galleries
More Latest Galleries
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
More Latest CBS News Videos
Latest CBS News Videos
Fetterman opens up about depression battle
Sen. John Fetterman of Pennsylvania opened up about his battle with depression and credited his three children for saving him from his suicidal thoughts. "What broke me out of it was my own kids, and everyone needs that kind of an emergency brake," Fetterman told Major Garrett on "The Takeout."
What we know about FBI memo on drone risk
An FBI memo warning that Iran may try to launch drones at California in a seaborne "surprise attack" is raising concerns, but how serious is the threat? Nicole Sganga explains.
3/11: The Takeout with Major Garrett
Trump says there's "practically nothing left" to target on Day 12 of war in Iran; legislative blockade threatened over SAVE Act.
Lost dog returned to family two years later
Two years after a Dallas family's dog disappeared, she was found 1,300 miles away in New Jersey. Tony Dokoupil has the story of how made her way back home.
Hero NYPD cops on chasing down bomb suspect
Chief Aaron Edwards and Sgt. Luis Navarro of the NYPD are being hailed as heroes for the response to an attempted bomb attack during protests outside the New York City mayor's residence. Jericka Duncan talked with the officers about what was going through their minds as they sprang into action.