Commercial Real Estate | Sunday on 60 Minutes
As occupancy rates have hit historic lows and interest rates have spiked, the value of office buildings is tanking. This Sunday, Jon Wertheim looks at the crisis in commercial real estate.
Real Estate
Hispanic home ownership increasing in U.S.
Hispanics are more prepared to buy a home than ever before, according to a new report from the National Association of Hispanic Real Estate Professionals. CBS News' Cristian Benavides reports from Miami, Florida.
The U.S. states where homeowners gained — and lost — equity in 2023
Although home prices have continued to rise across much of the U.S., homeowners in some states saw their home equity shrink.
2023 was brutal for homebuyers. Here's what to expect in 2024.
Mortgage rates recently hit their highest levels in more than two decades, pricing many out of the market. Here's what to expect in 2024.
Rate hike pause could be good for your 401(k)
An end to the interest rate hike cycle may be in sight with inflation cooling. Al Root, a senior writer at Barron's, breaks down how the rate hike pause could positively impact your retirement savings plans.
How much are houses in big cities?
There is a disconnect in most U.S. markets of how much money people are earning, and how much it would cost to buy a home. CBS MoneyWatch associate managing editor Aimee Picchi joins CBS News with data on how much houses cost in major cities around the country.
Ivanka Trump testifies in NY fraud trial
Ivanka Trump was the fourth family member to take the stand to testify in the New York civil fraud trial against the Trump Organization. Scott MacFarlane was inside the courtroom and reports from New York.
Ivanka Trump to testify in Trump civil trial
Ivanka Trump is set to testify today in the New York civil real estate fraud trial involving Trump properties. Ivanka faces questioning about the family business practices, with the trial potentially impacting the future of the Trump empire. Scott MacFarlane reports from New York.
Author Curtis Chin discusses new memoir
Across the country, vibrant Chinatowns have been a place for immigrants to land, establish roots and grow businesses, but forces like gentrification, real estate development and more have threatened such areas. In his memoir, "Everything I Learned, I Learned in a Chinese Restaurant," author Curtis Chin, who was raised in Detroit's Chinatown, details those forces and how they impact such communities. Dana Jacobson has more.
What court decision means for real estate
CBS News business analyst Jill Schlesinger talks about the importance of a Missouri realty case that awarded a group of home sellers about $1.8 billion in damages, and how it might lead to changes in the housing market. She also touches on mortgage rates and whether or not we might be headed into a housing recession.
What $1.8B ruling means for real estate industry
Earlier this week, a federal jury awarded $1.8 billion in damages against the National Association of Realtors and several real estate companies for finding that they artificially inflated brokerage commissions. Carter Evans takes a look at what the staggering payout could mean for the real estate industry.
Home prices and rents have both soared. So is buying or renting the better deal?
Buying a home is now 52% more expensive than renting, a financial gap that is larger than during the 2006 housing bubble.
Alex Murdaugh estate, Moselle, is back on the market for $1.95 million
Property includes 21 acres and the Moselle estate that was home of Murdaugh family prior to Alex Murdaugh's murder of his wife and son.
3D Printing | Sunday on 60 Minutes
60 Minutes got a peek at what will soon be the first large community of 3D-printed houses. A Texas company is printing 100 of them, calling it a "paradigm shift" in how we build our homes. Lesley Stahl reports, Sunday.
Judge finds Donald Trump liable for fraud
A New York judge ruled Tuesday that former President Donald Trump committed fraud for years while building his real estate empire. The judge found that Trump and his company deceived banks, insurers and others by overvaluing his assets and exaggerating his net worth. CBS News' Scott MacFarlane reports.
High mortgage rates creating challenges for buyers
With mortgage rates hovering above 7% for five straight weeks, prospective buyers are facing a housing shortage as would-be sellers seek to keep their low, locked-in rates. Nancy Chen has details.
Rents are falling more slowly in U.S. suburbs than in cities
Americans flocked to suburban areas during the pandemic — one of several reasons why rent increases there have outpaced urban areas.
Rents are falling more slowly in U.S. suburbs than in cities.
For decades, one of the draws to moving to the suburbs included renting a place for less than what you'd find in the city. But that may not be the case for much longer as the gap between the two is steadily shrinking.
"Blame the boomers" for unaffordable real estate, economist says
It may seem paradoxical, but the aging boomer population is sparking more demand for housing, Barclays said.
How empty office space hurts the economy
As Americans continue working from home, several U.S. cities are having trouble filling office space. But office vacancy isn't just a problem for individual businesses — it leads to negative economic consequences and creates an "urban doom loop." Washington Post economics reporter Rachel Siegel explains.
Realtors group president resigns after sexual misconduct report
Kenny Parcell, the trade group's president, steps down after a New York Times report alleged he sexually harassed multiple women.
It's taking Americans much longer in life to buy their first home
There are several reasons why it's taking longer for millennials to buy property, one of which is they're being outbid by boomers.
Mortgage rates are once again above 7%. Is relief in sight?
A couple of factors are at play in the rising rates which continue to remain steep despite fluctuations.
U.S. cities adapting to climate change
Places like Miami, Florida, and New York City may witness significant reductions to their shorelines and more extreme heat as climate change continues. Architectural Digest listed the most climate-resilient cities -- with Denver taking the top spot. Daniel Cusick, climate reporter for E&E News by Politico, joined CBS News to break down what makes these cities so resilient when it comes to climate change.
Old homes in the U.S. now cost as much as new properties. Here's why.
A decade ago, a typical newly built home cost $60,000 more than an older property. Now existing homes can cost just as much.
Live
Iran balks at Trump's threats as his deadline for a deal approaches
It's unclear when or even if top Iranian officials will come to Pakistan for peace talks just a day before Trump's latest ultimatum expires.
Kevin Warsh testifies that the Fed will remain "strictly independent"
Warsh, nominated by President Trump to replace Fed Chair Jerome Powell, also said he'll work with the White House on some matters.
Virginia Democrats seek 10-1 congressional map with voter referendum
The referendum is seeking to amend the state's constitution to use the Democratic-controlled Assembly's redrawn congressional maps, which will give Democrats an advantage in 10 of the state's 11 House districts.
FBI investigating deaths, disappearances of staff at government labs
The disappearances and deaths of 10 government workers tied to nuclear or space technology have sparked speculation online. President Trump said the cases are "hopefully, coincidence."
Democrats demand Trump admin. halt plan to collect federal workers' health data
After KFF Health News reported that the Trump administration is seeking federal workers' medical records, Democratic lawmakers are insisting that the Office of Personnel Management drop its request.
Ethics panel to decide penalty for Rep. Cherfilus-McCormick over theft allegations
The Florida Democrat is accused of stealing $5 million in FEMA funds for her campaign.
Southern Poverty Law Center facing DOJ probe over use of paid informants
The Justice Department is investigating the Southern Poverty Law Center in connection with a now-defunct program that used paid informants to infiltrate extremist groups.
2 Southwest planes came within 500 feet in close call near Nashville airport
Air traffic control told the pilots of a flight aborting a landing to turn right, which put them on a potential collision course with another 737 that had been cleared for takeoff from a parallel runway.
Tariff refund portal off to bumpy start as some businesses report glitches
Some U.S. importers reported problems filing tariff refund claims after Customs and Border Patrol launched its dedicated portal on Monday.
U.S.
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Southern Poverty Law Center facing DOJ probe over use of paid informants
The Justice Department is investigating the Southern Poverty Law Center in connection with a now-defunct program that used paid informants to infiltrate extremist groups.
Kevin Warsh set to testify that the Fed will remain "strictly independent"
Warsh, nominated by President Trump to replace Fed Chair Jerome Powell, also said he'll work with the White House on some matters.
Bears chase, bite visitors at Great Smoky Mountains National Park
Parts of the Great Smoky Mountains National Park are closed after visitors encountered aggressive bears over the weekend.
Ethics panel to decide penalty for Rep. Cherfilus-McCormick over theft allegations
The Florida Democrat is accused of stealing $5 million in FEMA funds for her campaign.
2 Southwest planes came within 500 feet in close call near Nashville airport
Air traffic control told the pilots of a flight aborting a landing to turn right, which put them on a potential collision course with another 737 that had been cleared for takeoff from a parallel runway.
MoneyWatch
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Kevin Warsh set to testify that the Fed will remain "strictly independent"
Warsh, nominated by President Trump to replace Fed Chair Jerome Powell, also said he'll work with the White House on some matters.
Who will run the Federal Reserve if the Senate doesn't confirm Trump's pick?
President Trump is fighting to reshape the Federal Reserve by replacing Chair Jerome Powell with Kevin Warsh — but if the Senate doesn't confirm Warsh by next month, it's not clear who will run the nation's central bank.
Uber found liable for actions of driver who grabbed passenger's inner thigh
The so-called bellwether case is part of a broader group of sexual assault lawsuits filed against Uber in multiple jurisdictions around the country and is the third to go to trial.
Tim Cook to step down as Apple CEO, with John Ternus tapped as successor
Apple CEO Tim Cook will step down in August and become executive chairman of Apple's board.
Kevin Warsh faces lawmakers in Fed chair confirmation hearing today
Senators are likely to press Warsh, President Trump's nominee to succeed Jerome Powell as Fed chair, on his views about inflation and interest rates.
Politics
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Southern Poverty Law Center facing DOJ probe over use of paid informants
The Justice Department is investigating the Southern Poverty Law Center in connection with a now-defunct program that used paid informants to infiltrate extremist groups.
Kevin Warsh set to testify that the Fed will remain "strictly independent"
Warsh, nominated by President Trump to replace Fed Chair Jerome Powell, also said he'll work with the White House on some matters.
Who will run the Federal Reserve if the Senate doesn't confirm Trump's pick?
President Trump is fighting to reshape the Federal Reserve by replacing Chair Jerome Powell with Kevin Warsh — but if the Senate doesn't confirm Warsh by next month, it's not clear who will run the nation's central bank.
Ethics panel to decide penalty for Rep. Cherfilus-McCormick over theft allegations
The Florida Democrat is accused of stealing $5 million in FEMA funds for her campaign.
Virginia Democrats seek 10-1 congressional map with voter referendum
The referendum is seeking to amend the state's constitution to use the Democratic-controlled Assembly's redrawn congressional maps, which will give Democrats an advantage in 10 of the state's 11 House districts.
HealthWatch
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Food stamp work rules don't increase employment, researchers say
Work requirements will encourage people who are able to work to seek and maintain jobs, proponents say. But researchers haven't found that they lower the unemployment rate.
New CDC pick may face "threat to follow ideology over evidence," ex-official says
Former Trump Surgeon General Dr. Jerome Adams described Dr. Erica Schwartz as a "home run pick."
Trump signs executive order to research psychedelics for mental health
The order will open the door for more research into psychedelic drugs, including ibogaine, sources told CBS News earlier this week.
Mom's labor turns into fight for life after 1 symptom: "I think I'm about to die"
Casey Gould wanted to be a mom her whole life. Her long-awaited pregnancy went smoothly — until she saw something alarming.
Dr. Erica Schwartz nominated for CDC director
President Trump nominated a new director for the Centers for Disease Control and Prevention on Thursday. Dr. Erica Schwartz is a former deputy surgeon general and retired Coast Guard rear admiral.
World
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Mass murder trial in El Salvador for almost 500 alleged MS-13 members
Nearly 500 alleged MS-13 members, including several alleged leaders, are on trial collectively in El Salvador, accused of thousands of murders.
Live
Iran balks at Trump's threats as his deadline for a deal approaches
It's unclear when or even if top Iranian officials will come to Pakistan for peace talks just a day before Trump's latest ultimatum expires.
Mexico probing role of U.S. officials killed in car crash after drug lab raid
The crash, following an operation to destroy a clandestine drug lab, has reignited a debate over U.S. involvement in Mexican security operations.
Canadian tourist killed in shooting at Mexico's Teotihuacán pyramids
Mexico's security officials said a gunman opened fired at the popular tourist spot, killing a Canadian woman and injuring at least 13 people, including six Americans.
How Trump's messaging on Iran has shifted since saying they "agreed to everything"
Less than 48 hours after President Trump said Iran has "agreed to everything," he threatened the whole country would get "blown up" without a deal soon.
Entertainment
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Entertainment
D4vd charged with murder in14-year-old's death
Singer D4vd appeared in court Monday, hours after prosecutors announced he would be charged with first-degree murder in the death of 14-year-old Celeste Rivas Hernandez. Matt Gutman reports.
Details on charges against D4vd in teen's death
Los Angeles prosecutors on Monday charged singer D4vd in the murder of a 14-year-old girl whose dismembered body was found in his car last year. CBS News chief correspondent Matt Gutman has the details.
What to know on the "Matlock" season finale
"Matlock" stars Skye P. Marshall and Jason Ritter join CBS News with more clues ahead of the show's season finale.
Indigo Girls' member reveals incurable medical disorder affecting her voice
Emily Saliers, one-half of the Atlanta folk duo The Indigo Girls, has revealed that she has been diagnosed with two incurable movement disorders that will forever change the way that she sings.
D4vd expected to face murder charge
The Los Angeles County District Attorney's Office is expected on Monday to charge singer-songwriter D4vd with murder, seven months after 14-year-old Celeste Rivas' body was found in a car that he owned. The 21-year-old musician was arrested last week. Matt Gutman reports.
Technology
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Technology
Major change at Apple
Apple CEO Tim Cook announced he is stepping down from his leadership role running one of the world's biggest companies. CBS News contributor Patrick McGee joins CBS News with more details.
Tim Cook to step down as Apple CEO
Tim Cook, who has been with Apple for nearly three decades and has served as the company's CEO for 15 years, will step down in September and stay on as chairman. The tech giant announced Monday who will replace Cook. Jo Ling Kent reports.
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.
Tim Cook to step down as Apple CEO
After 15 years, Tim Cook is stepping down as Apple's CEO. Starting in September, Cook will be the executive chairman of Apple's board of directors. New York Times technology correspondent Mike Isaac joins CBS News to discuss.
How internet culture is morphing our identities
A new book called "Screen People" argues that's what society has become: a people defined by screens, what we do with those screens and how we present ourselves on those screens. Author Megan Garber joins "The Takeout" to discuss.
Science
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Mars rover carries out chemistry experiment never done beyond Earth
"This experiment's never been run before on another world," said Amy Williams, an astrobiologist working on the Curiosity mission.
Cementing a more sustainable alternative to concrete
The process of making 30 billion tons of concrete every year produces more carbon pollution than all the world's ships and planes put together. Now, the North Carolina and Denmark-based Biomason is using biotechnology, including naturally-occurring microbes, to create "biocement" that's just as sturdy but emits much less CO2. David Pogue reports.
Breeding a better bread
Over the past century, the cultivation and processing of wheat has led to strains of grain that are less nutritious, less flavorful, and more vulnerable to climate change. The researchers at Breadlab, at Washington State University, are trying to breed varieties of whole grains that are better for farmers, consumers – and taste buds. David Pogue reports.
Using the ocean to power data centers
The renewable energy company Panthalassa says it has a solution to the proliferation of AI data centers, which consume massive amounts of energy and are the cause of increased carbon pollution: sea-based data centers, powered by wave energy.
Using the ocean to power data centers
The renewable energy company Panthalassa says it has a solution to the proliferation of AI data centers, which consume massive amounts of energy and are the cause of increased carbon pollution: sea-based data centers, powered by wave energy. Correspondent David Pogue examines what Panthalassa's alternative to land-based data centers may mean.
Crime
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Crime
Weinstein faces third rape trial in New York
Disgraced Hollywood mogul Harvey Weinstein will be in a Manhattan courtroom on Tuesday for trial. He is accused of third-degree rape. CBS News' Jericka Duncan reports.
Shooting at Mexico's Teotihuacán pyramids
A Canadian tourist was killed, and 13 others were injured, during a shooting at the popular Teotihuacán pyramids in Mexico, officials confirmed. CBS News' Bradley Blackburn reports.
D4vd charged with murder, pleads not guilty
Singer D4vd pleaded not guilty Monday to first-degree murder in the death of 14-year-old Celeste Rivas Hernandez. If convicted he could face the death penalty.
Mass murder trial in El Salvador for almost 500 alleged MS-13 members
Nearly 500 alleged MS-13 members, including several alleged leaders, are on trial collectively in El Salvador, accused of thousands of murders.
D4vd charged with murder in14-year-old's death
Singer D4vd appeared in court Monday, hours after prosecutors announced he would be charged with first-degree murder in the death of 14-year-old Celeste Rivas Hernandez. Matt Gutman reports.
Space
More Space
Mars rover carries out chemistry experiment never done beyond Earth
"This experiment's never been run before on another world," said Amy Williams, an astrobiologist working on the Curiosity mission.
Blue Origin New Glenn rocket puts satellite payload into wrong orbit
The launching appeared to go off without a hitch, but a problem prevented the rocket's upper stage from putting its payload into the correct orbit.
Artemis II crew on historic moon mission and what it means for Earth
"We are carrying back everything we learned, not only about where we went but ourselves," mission specialist Christina Koch told "CBS Evening News" anchor Tony Dokoupil.
Artemis II astronauts still awed by moonshot experience: "It was otherworldly"
The four Artemis II astronauts struggled to describe the view and overall experience of flying around the moon's far side and witnessing a solar eclipse in deep space.
"God of chaos" asteroid will pass close to Earth in 3 years, NASA says
People on the ground in the Eastern Hemisphere will be able to observe the asteroid with their own eyes, weather permitting, according to NASA.
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
Major change at Apple
Apple CEO Tim Cook announced he is stepping down from his leadership role running one of the world's biggest companies. CBS News contributor Patrick McGee joins CBS News with more details.
Where to get the latest CBS Mornings Deals
On this edition of CBS Mornings Deals, we show you items that might just become essentials in your everyday life. Visit cbsdeals.com to take advantage of these exclusive deals today. CBS earns commissions on purchases made through cbsdeals.com.
National Teacher of the Year revealed
"CBS Mornings" exclusively revealed Leon Smith, a social studies teacher at Haverford High School in Havertown, Pennsylvania, has been selected as the 2026 National Teacher of the Year. Smith discusses the honor, how he starts his class each day and his tips for young teachers.
Weinstein faces third rape trial in New York
Disgraced Hollywood mogul Harvey Weinstein will be in a Manhattan courtroom on Tuesday for trial. He is accused of third-degree rape. CBS News' Jericka Duncan reports.
Virginia voting on redistricting plan
Virginians are voting Tuesday on a redistricting plan that could determine the control of Congress. CBS News' Ed O'Keefe reports.