Veteran could lose home due to zombie mortgage
Laverne Simmons of Inglewood, California, says she never got bills for a decade-old debt. Now this "zombie mortgage" could cost her the home she loves.
Real Estate
Biden administration says it wants to cap rent increases at 5% a year
The Biden administration wants a new law that would cap annual rent increases at no more than 5% — or landlords would lose a major tax break.
Arizona's Maricopa County sees spike in evictions
Since March 2023, Maricopa County, Arizona, has led the nation in eviction filings, with one Phoenix judge hearing as many as 500 eviction cases a month. It's part of an affordable housing crisis attributed to rising rents. Kris Van Cleave explains.
Growing divide in Wyoming as billionaires send prices sky-high
Teton County's $108,000 median income is still not enough to afford the $7 million average cost for a home in Jackson Hole.
How property owners are dealing with squatters
Squatters' rights were designed to make sure vacant property didn't go to waste, but many property owners say the laws are hurting them and preventing them from clearing out their own land. Carter Evans takes a look at what's being done about the issue.
Mortgage closing fees are in the hot seat. Here's why feds are looking into them.
As home prices nationwide continue to climb, the federal government is looking into a recent spike in upfront costs associated with buying a house.
Home sales fell in April, new data shows
Home sales appear to have fallen in April, according to new data from the National Association of Realtors. CBS News business analyst Jill Schlesinger breaks down the current trends in the real estate market.
Here's what Americans think is the best long-term investment
What's the best place to park your money? Americans put their faith in this long-term investment, a new Gallup poll shows.
The Fed is struggling to break the back of inflation. Here's why.
The Federal Reserve's campaign to snuff out runaway inflation has bogged down this year. Blame housing costs.
Thousands losing homeowners insurance
Hundreds of thousands of people across the U.S. are losing their homeowners insurance, with four major companies ending coverage in California due to the growing risk of wildfires. Companies in Florida are canceling policies due to increased hurricane risks. Matthew Eby, the founder and CEO of First Street Foundation, a nonprofit that studies climate risks, joined CBS News to discuss .
Rise in all-cash transactions turbo charge price gains for luxury homes
Some 46.8% of luxury homes were bought entirely with cash in the three months ended February 29, the highest share in a decade, according to Redfin.
Cost of buying a home in America reaches a new high, Redfin says
The median mortgage payment jumped to a record $2,843 in April, up nearly 13% from a year ago, a new analysis finds.
Former HGTV star from Los Gatos sentenced in $10M real estate fraud case
A Los Gatos man who starred in a real estate reality show was sentenced to jail and ordered to pay back nearly $10 million to his victims after admitting to real estate fraud, prosecutors said Tuesday.
Vietnam real estate tycoon sentenced to death
Truong My Lan, a 67-year-old Vietnamese property magnate, has received a death sentence after being convicted of embezzlement, bribery and banking violations in a scheme that defrauded the Saigon Commercial Bank of more than $12 billion over a 10-year period.
Convicted child abuser's $5 million Utah home most viewed real estate listing
The house, which was built in 2017, has a five-car garage, and three-and-a-half baths.
Here's how much you have to make to afford a starter home in the U.S.
The annual income needed to afford even a basic home in the U.S. has risen sharply since the pandemic, a new report shows.
Changes to real estate agent commissions
The National Association of Realtors' agreement to resolve all claims against the group by home sellers related to broker commission may lead to homeowners paying a lot less to sell their homes. Tomasz Piskorski, a professor at Columbia Business School, joins CBS News with more.
Why home buying could be cheaper soon
The National Association of Realtors, which represents more than a million real estate agents nationwide, settled a number of lawsuits Friday. One of the conditions of the agreement is that rules on commissions for agents brokering a home sale will be eliminated, meaning that the standard 5% to 6% commission rate could be gone as soon as this summer.
Biden wants a $10,000 tax credit for homebuyers. Here's what to know.
The White House is proposing a "mortgage relief credit" that would give homebuyers an annual tax credit of $5,000 for two years.
Study: Workers living further from offices
A recent study finds Americans are choosing to live further from their offices, embracing remote work and more retired living over classic office work models. Emma Goldberg, a business reporter for the New York Times, joins CBS News with a look at the data.
How China plans to fix its economic slowdown
China is holding its biggest political meeting of the year. Anthony Saich, Daewoo Professor of International Affairs at Harvard Kennedy School, joins CBS News to discuss what measures Chinese leaders are taking to address an economic slowdown and what this means for the rest of the world.
Here's how to negotiate a lower fee from your real estate agent
It's worth politely asking your agent to lower their commission fee. More than half of those who do so are successful.
Home prices up 6.5% over last year: Report
New data from the Federal Housing Finance Agency shows prices for homes rose 6.5% over the last year. CBS News contributor Javier E. David has more on whether there will be any relief coming for prospective home buyers. He also discussed Macy's plans to close about 150 underperforming stores over the next three years.
Work from home upends commercial real estate
As more employers embrace the work-from-home model, commercial real estate is reeling from declining demand and staggering occupancy rates. Benjamin Keys, a real estate pressor at The Wharton School of the University of Pennsylvania, joins CBS News with a look at the changing trends.
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.
Trump says U.S. now has control over 60 billion barrels of Venezuelan oil reserves
President Trump announced a deal to grant the U.S. control of over 60 billion barrels of proven Venezuelan oil reserves — as the Trump administration angles to get oil companies to return to the country.
First on CBS
At FBI, history of hiring prostitutes may not be employment barrier
In June, the FBI quietly lowered some of the standards it uses when it conducts background checks on would-be federal agents and other personnel.
Nepal flood rescue efforts intensify as number of missing soars past 2,000
Rescuers pulled out survivors and helicopters ferried people to safety as Nepal and China raced to respond after catastrophic flash floods killed hundreds of people.
Milo Yiannopoulos is in ICE custody facing a final removal order, sources say
A Department of Homeland Security spokesperson said Milo Yiannopoulos "chose to overstay his welcome."
Live
Iran war hits 6-month mark with no end in sight
President Trump insists Iran is "begging to make a deal" to end the war, but Tehran, and crucially China, say his economic warfare tactics will fail.
Trump signs executive order to create a U.S. Space Academy
"Space is the hot thing," President Trump said at the NASA Johnson Space Center in Houston.
How long will the Lindsay Clancy trial jury take to reach a verdict?
The Lindsay Clancy trial jury continued their deliberations Friday and it could be days before they reach a verdict, a legal expert says.
Trump says he'll visit Pentagon, not NYC, to mark 25 years since 9/11
The White House said President Trump will "pay tribute to the brave first responders who put their lives on the line."
Nashville airport could be renamed for Dolly Parton under new proposal
The international airport in Nashville, Tennessee, would be renamed for Dolly Parton under a proposal by Tennessee's governor.
U.S.
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How a chance encounter gave a struggling ex-football star a new lease on life
On a path in Austin, Texas, a chance meeting changed the lives of two men with one thing in common.
Trump says he'll visit Pentagon, not NYC, to mark 25 years since 9/11
The White House said President Trump will "pay tribute to the brave first responders who put their lives on the line."
Nashville airport could be renamed for Dolly Parton under new proposal
The international airport in Nashville, Tennessee, would be renamed for Dolly Parton under a proposal by Tennessee's governor.
Court hands states a win in fight over who regulates prediction markets
Trading of sports event contracts on Kalshi constitutes gambling, appeals court rules in siding with Nevada officials.
First on CBS
At FBI, history of hiring prostitutes may not be employment barrier
In June, the FBI quietly lowered some of the standards it uses when it conducts background checks on would-be federal agents and other personnel.
MoneyWatch
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Juul can sell updated e-cigarette with age-verification system, FDA says
Juul plans to market the new device under the brand name Juul2, along with updated versions of its tobacco- and menthol-flavored cartridges.
Court hands states a win in fight over who regulates prediction markets
Trading of sports event contracts on Kalshi constitutes gambling, appeals court rules in siding with Nevada officials.
See which jobs could grow fastest — and slowest — over the next decade
New federal labor figures forecast the fastest-growing U.S. job sectors over the next decade.
David Booth pioneered index investing. Here's his advice for investors.
David Booth, the founder of Dimensional Fund Advisors, says the key to investing — and life — is to stay calm in the face of uncertainty.
Walmart settles opioid lawsuit brought by Justice Department
Walmart settled claims that it filled thousands of invalid prescriptions at its pharmacies at the height of the opioid epidemic.
Politics
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Trump says U.S. now has control over 60 billion barrels of Venezuelan oil reserves
President Trump announced a deal to grant the U.S. control of over 60 billion barrels of proven Venezuelan oil reserves — as the Trump administration angles to get oil companies to return to the country.
Judge again rejects Trump's bid to erase his New York hush money conviction
A federal judge has again blocked President Trump's bid to erase his hush money conviction in New York.
Trump says he'll visit Pentagon, not NYC, to mark 25 years since 9/11
The White House said President Trump will "pay tribute to the brave first responders who put their lives on the line."
First on CBS
At FBI, history of hiring prostitutes may not be employment barrier
In June, the FBI quietly lowered some of the standards it uses when it conducts background checks on would-be federal agents and other personnel.
Milo Yiannopoulos is in ICE custody facing a final removal order, sources say
A Department of Homeland Security spokesperson said Milo Yiannopoulos "chose to overstay his welcome."
HealthWatch
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Juul can sell updated e-cigarette with age-verification system, FDA says
Juul plans to market the new device under the brand name Juul2, along with updated versions of its tobacco- and menthol-flavored cartridges.
2 airport workers die of malaria from mosquito on plane in Germany
Caused by parasites spread via Anopheles mosquitoes, malaria can cause symptoms including nausea, headache and intense waves of fever and chills.
Cyclospora outbreak tied to 3 more states, FDA says
U.S. officials have confirmed cases of a parasitic illness tied to lettuce in three more states: Georgia, Tennessee and Texas.
FDA approves new pancreatic cancer drug that could extend patients' lives
Patients taking the first-of-a-kind pill, called daraxonrasib, lived for a median of 13.2 months compared with 6.7 months for chemotherapy recipients, studies showed.
Secrets of the gut microbiome and how it impacts our long-term brain health
Dr. Laura Cox, an assistant professor at Brigham and Women's Hospital and Harvard Medical School, explains how our dietary patterns play a significant role in our gut and long-term brain health.
World
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Trump says U.S. now has control over 60 billion barrels of Venezuelan oil reserves
President Trump announced a deal to grant the U.S. control of over 60 billion barrels of proven Venezuelan oil reserves — as the Trump administration angles to get oil companies to return to the country.
ICE deports Venezuelan father from Texas to West Africa
Carlos Tellez Sanchez had worked at a car dealership in Dallas during the day and drove for Uber Eats at night to support his family.
Family says Virginia man missing in Nepal floods was "in his happy place"
Anil Goel sent his family in the U.S. a photo of his tour group at the Nepal-Tibet border just before the area was hit by a wall of mud and water.
2 airport workers die of malaria from mosquito on plane in Germany
Caused by parasites spread via Anopheles mosquitoes, malaria can cause symptoms including nausea, headache and intense waves of fever and chills.
Men buy museum tickets, then steal 200-carat diamond necklace
Police said the two men did not wear masks, paid to enter the museum and were clearly seen on surveillance cameras.
Entertainment
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Entertainment
Dolly Parton might get airport named for her
In the days since her death, Dolly Parton has become the most-streamed artist in the world and might be getting an airport named after her. Nicole Valdes has more.
Nashville airport could be renamed for Dolly Parton under new proposal
The international airport in Nashville, Tennessee, would be renamed for Dolly Parton under a proposal by Tennessee's governor.
Rapper E-40 remembers collaborator Tupac
Closing arguments in the trial of a man accused of orchestrating Tupac Shakur's murder are expected on Monday. CBS News' Jared Ochacher spoke with one of Shakur's former collaborators, rapper E-40, about the late artist.
Zac Brown shares memories of Dolly Parton
Zac Brown of the Zac Brown Band joins "CBS Mornings" to reflect on his friendship with Dolly Parton and her enduring legacy.
Dolly Parton's sister praises generous nature
Tributes pour in for country music icon and humanitarian Dolly Parton. Thousands of fans signed a petition asking officials to name Nashville's airport after her. Plus, her family is sharing more information.
Technology
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Younger workers are more scared of AI than older employees, survey finds
Employee attitudes toward AI are closely tied to their age and generational concerns, according to Glassdoor.
OpenAI, Anthropic warn AI cyberattacks could surge in coming months
Hospitals, technology firms and other companies could soon be at risk from AI-enabled cyberattacks, according to a new open letter from more than 100 signatories.
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.
Bill Gates' dire warning about AI
Microsoft founder and computer pioneer Bill Gates changed the world forever with his technological innovation. Now, Gates is warning that the development of artificial intelligence without strong oversight and regulation could threaten society as we know it. MIT professor Max Tegmark shares his concerns.
Meta settles social media addiction suit
A series of lawsuits accused tech giant Meta of purposefully designing social media apps to entice users and cause social media addiction. Meta will pay out $17 billion in a landmark settlement. CBS News' Jarred Hill reports.
Science
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Science
Vote on the fattest marmot now
Marmots, not bears, are the largest "true" hibernating mammal, UCLA marmot researchers Katie Adler and Emily Renkey say. The two share more fun facts about these cute creatures and explain how to vote for the fattest marmot.
NASA plans to launch new space telescope
NASA's new telescope could change the way we see space. With a wide-field camera that will reveal an area up to 200 times larger than the Hubble Space Telescope, and an orbit a million miles from Earth, the Nancy Grace Roman telescope is expected to find tens of thousands of unknown exoplanets.
Invasive Joro spiders are "slowly spreading." Here's what to do if you see one.
The Great Smoky Mountains National Park told visitors Tuesday that invasive Joro spiders "may be hanging in a web near you."
A summer of extremes: Weathering a hotter world
July was the hottest month ever in the Lower 48 States – another escalation of our world into a hotter, more dangerous planet, where extreme weather events – such as heat waves, wildfires and hurricanes – will become more common and more extreme.
A summer of extremes: Weathering a hotter world
July was the hottest month ever in the Lower 48 States, breaking a record last set during the Dust Bowl – just another step in the escalation of our world into a hotter, more dangerous planet. Correspondent Jonathan Vigliotti talks with climate journalist Jeff Goodell and atmospheric scientist Maria Molina about how changes in Earth's climate are increasing the likelihood that extreme weather events – such as heat waves, wildfires and hurricanes – will become more common and more extreme.
Crime
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Crime
Closing arguments expected Monday in Tupac trial
Attorneys finalized jury instructions with the judge Friday after witness testimony wrapped Thursday in the trial of Duane Davis, also known as "Keefe D," who's accused of orchestrating the drive-by shooting that killed Tupac Shakur in 1996. Davis has denied the allegations. CBS News' Katrina Kaufman has more.
Clancy jury still undecided after 9 hours
The jury in the trial of Lindsay Clancy, the woman accused of murdering her three young children, is still deliberating on whether to accept her postpartum psychosis defense. Shanelle Kaul reports and Caroline Polisi provides legal analysis.
Milo Yiannopoulos placed in ICE custody
British right-wing political commentator Milo Yiannopoulos, who supported President Trump's agenda, is being held by ICE for allegedly overstaying his visa. Nancy Cordes has the details.
Protesters and supporters at Clancy trial
Jurors went home for the weekend Friday with deliberations set to resume Monday morning in the trial of Lindsay Clancy. Clancy has admitted to killing her three young children, but is arguing she was suffering from postpartum psychosis. CBS News' Shanelle Kaul has more.
Clancy jury asks to see pill bottles, knife
The jury in the Lindsay Clancy murder trial went home Friday after asking questions about Clancy's medication and the knife used in her suicide attempt. CBS News correspondent Shanelle Kaul reports.
Space
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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.
NASA images show 60-foot-wide crater on moon after SpaceX rocket booster crash
A NASA spacecraft circling the moon is providing the sharpest views yet of the crater carved by a crashing SpaceX rocket.
New space object called "black hole star" discovered by astronomers
The newly discovered object looks like a star the size of our solar system, but produces 100 billion times more energy than any star.
Stunning photos show total solar eclipse over Europe
The only total solar eclipse of 2026 crossed the Northern Hemisphere Wednesday, with a path of totality across parts of Greenland, Iceland and northern Spain. See photos and video from the best viewing locations.
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
Duo team aims to inspire through racing
Amy and Jamie Shinneman plan to run their fifth marathon together in Sydney, Australia, on Aug. 30 as part of their mission to race all eight Abbott World Marathon Majors. But what sets them apart from other individual runners is that they compete together as a team. Amy has Bethlem myopathy, a rare form of muscular dystrophy, so Jamie pushes her in a racing wheelchair. They hope their story can inspire others with disabilities to chase big dreams, too.
Jude rules Trump illegally punished Anthropic
A judge has blocked the Trump administration from blacklisting artificial intelligence company Anthropic. Earlier this year, President Trump ordered federal agencies to stop using Anthropic's Claude AI assistant. Defense Secretary Pete Hegseth also declared the company a supply chain risk. These moves came after the company refused to allow the military to use its tech for mass surveillance or autonomous weapons. CBS News legal contributor Jessica Levinson breaks down the constitutionality of the ruling.
Man rescues homeless former star athlete
An Indiana University alum was surprised to see a homeless man wearing a branded backpack from his school. When he approached him, their lives changed forever. Steve Hartman takes us on the road.
Golf companies face backlash for violent ad
Callaway and Good Good Golf are facing backlash over a co-branded ad featuring a man shoving a woman to the ground for touching his golf club. Mark Strassman reports.
Dolly Parton might get airport named for her
In the days since her death, Dolly Parton has become the most-streamed artist in the world and might be getting an airport named after her. Nicole Valdes has more.