Home sellers are cutting prices, especially in these 10 cities
Almost 1 in 7 listed properties have seen a recent price drop — double the rate from a year earlier.
Real Estate
MoneyWatch: Interest rate hikes slow loans
Rising interest rates are affecting nearly every aspect of the U.S. economy and the mortgage refinancing boom of 2021 seems to be the latest casualty. Axios markets correspondent Matt Phillips joined CBS News' Anne-Marie Green and Vladimir Duthiers to talk more about the end of that boom and how it might impact the housing market.
Mobile home rents jump as rich investors buy trailer parks
"All they care about is raising the rent because they only care about the money," said one disabled resident.
Dire U.S. housing shortage isn't only a coastal issue anymore
Home prices are skyrocketing amid a shortage of properties — a crisis spreading to once-affordable towns across the U.S.
Home prices in the U.S. climb to record $416,000
But sales of previously occupied homes have slowed sharply amid higher mortgage rates and rising prices.
Couple who lived in a shed turns a profit selling it
Nick and Meghan Lucido were in debt and sold everything. Then, they decided to invest in a shed from Home Depot as their temporary home – and it proved to be fruitful.
Putin expands fast-track Russian citizenship to all of Ukraine as fighting rages
Until recently, only residents of Ukraine's Donetsk, Luhansk, Zaporizhzhia and Kherson regions were eligible.
Las Vegas home prices drop for first time in 2 years
Home prices in Las Vegas have dropped for the first time in over two years. According to the Las Vegas Review Journal, increasing mortgage rates and decreasing home sales are causing the trend. Eli Segall, a real estate reporter for the Las Vegas Review Journal, joins CBS News' Jamie Yuccas to discuss.
Mortgage demand sinks even as rates drop
Mortgage rates dropped for the second week in a row, but that didn't revive demand for potential homeowners. Danielle Hale, chief economist for Realtor.com, joined CBS News' Tanya Rivero and Elaine Quijano to discuss.
Home listings surge as some buyers are pushed to sidelines
With "more supply and somewhat less demand, the housing market is rebalancing," said one analyst.
The cost of a house in the U.S. has never been higher
Price of a previously occupied house hits new heights even as would-be buyers struggle with high prices and mortgage rates.
Rise in interest rates expected to slow down home sales, experts say
Nationally, some housing markets are even seeing home prices starting to drop.
Mortgage rates in the U.S. jump by most in 35 years
Borrowing costs for a typical home loan surged a day after the Federal Reserve hiked its benchmark rate.
Mortgage rates jump again, sending buyers to the sideline
Interest on a standard 30-year home loan is 5.23%, up from less than 3% a year ago, according to Freddie Mac.
MoneyWatch: Average rent up by over $1,000
Across America, the cost of rent is on the rise. Five cities saw average increases of over $1,000 per month from 2021 to 2022. Rent.com Senior Managing Editor Brian Carberry joins "CBS News Mornings" to explain what's driving up costs and what renters can do to save money.
Fed ups interest rates to battle record inflation
With the Federal Reserve introducing the steepest interest rate increase since 2000, prospective home owners are struggling to adjust. U.S. housing prices are up nearly 40% since March 2019, forcing many Americans out of their communities. Mark Strassmann has more.
Homes in 97% of U.S. cities are overvalued, Moody's says
Economist Mark Zandi says now isn't the best time to buy a home, with most housing markets showing signs of overheating.
Nashville real estate boom forces food pantry to shutter
A food pantry, located in an area of Nashville where developers keep scooping up properties, was forced to close.
How much do rising mortgage rates add to the cost of a home?
Average interest rates on a 30-year fixed mortgage are nearly 2 percentage points higher than a year ago.
Here's how much home prices have jumped from last year
Some U.S. cities are seeing even steeper increases, although economists expect prices to level off later this year.
Zillow Gone Wild, bringing unreal real estate to your screen
The social media site is helping make the most outlandish properties on the popular online real estate marketplace – from towering castles to underground bunkers – go viral.
Mortgage rates top 5% — and loan applications are taking a hit
The average 30-year home loan rate hasn't topped 5% in more than a decade, according to Freddie Mac data.
Federal Reserve warns of "brewing U.S. housing bubble"
Economists say the pandemic housing boom is showing "signs of exuberance" akin to the boom of the early 2000s.
Surging mortgage rates are pricing people out of buying a home
Rate on a 30-year mortgage has jumped to 4.4%, quashing dreams of homeownership for many Americans.
How the pandemic rewrote rules of commercial real estate
"It is absolutely what we would call a tenant's market in most markets around the U.S.," one expert said.
Trump threatens to walk away from Iran war and pull U.S. out of NATO
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.
Live
Artemis II moon mission counts down to historic flight
NASA's Artemis II astronauts are set to launch today on a nine-day mission around the moon and back. Follow the countdown and watch it live.
Supreme Court to hear arguments in birthright citizenship case today
The Supreme Court will convene for arguments Wednesday to consider the legality of President Trump's executive order that seeks to end birthright citizenship.
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.
Trump to give "important update on Iran" tonight in prime-time speech
President Trump is planning to deliver a prime-time address Wednesday night to "provide an important update on Iran," the White House said, as the president faces critical decisions in the monthlong war.
Jamie Dimon says AI could help shorten work week, cure cancer
JPMorgan CEO Jamie Dimon thinks AI will shorten the work week and lead to medical breakthroughs, while acknowledging the technology's potential impact on the nation's workforce.
Trump signs order on mail-in ballots and federally run voter lists
President Trump has long wanted to place additional restrictions on mail-in voting, which he has called "mail-in cheating."
American journalist Shelly Kittleson kidnapped in Iraq
American journalist Shelly Kittleson was kidnapped in Baghdad on Tuesday, according to two sources familiar with the matter as well as an Iraqi official.
Hiker's dog rescued by helicopter week after getting lost in forest
After strangers raised thousands of dollars for a search, the border collie was flown to safety by a pilot who was determined to reunite pet and owner.
U.S.
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Live
Artemis II moon mission counts down to historic flight
NASA's Artemis II astronauts are set to launch today on a nine-day mission around the moon and back. Follow the countdown and watch it live.
Supreme Court to hear arguments in birthright citizenship case today
The Supreme Court will convene for arguments Wednesday to consider the legality of President Trump's executive order that seeks to end birthright citizenship.
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.
Hegseth lifts suspension of Army pilots who flew by Kid Rock's house
Just hours earlier, an Army spokesperson said the crew had been suspended from flying while the Army conducts a formal investigation into why the Apache helicopters flew near Kid Rock's Nashville house.
Tiger Woods says he's "stepping away" to seek treatment after car crash
Tiger Woods announced Tuesday that he's "stepping away for a period of time to seek treatment" after pleading not guilty to charges including driving under the influence.
MoneyWatch
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Jamie Dimon says rejecting capitalism is "dead wrong" in CBS News interview
JPMorgan Chase CEO Jamie Dimon shares his thinking on capitalism, AI, prediction markets and more in an interview with "CBS Evening News" anchor Tony Dokoupil.
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.
Jamie Dimon says AI could help shorten work week, cure cancer
JPMorgan CEO Jamie Dimon thinks AI will shorten the work week and lead to medical breakthroughs, while acknowledging the technology's potential impact on the nation's workforce.
Americans saving less for retirement — that's a "warning sign," experts say.
Full-time employees cut their 401(k) participation and contribution rates last year amid an affordability crunch, new research shows.
Jamie Dimon: I don't know if Iran war will be "tipping point" for recession
Jamie Dimon told "CBS Evening News" anchor Tony Dokoupil that "what's more important for the future of the world is that this war successfully conclude."
Politics
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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.
Supreme Court to hear arguments in birthright citizenship case today
The Supreme Court will convene for arguments Wednesday to consider the legality of President Trump's executive order that seeks to end birthright citizenship.
Trump plans to attend Supreme Court arguments in birthright citizenship case
President Trump is planning to go to the Supreme Court on Wednesday as the justices take up his executive order seeking to end birthright citizenship, a major test of his immigration agenda.
Judge orders Trump admin. to restore legal status of migrants allowed in under Biden
A federal judge directed the Trump administration to restore the legal status of migrants allowed into the U.S. under a now-defunct Biden administration program for asylum-seekers who arrived at the southern border.
Trump to give "important update on Iran" tonight in prime-time speech
President Trump is planning to deliver a prime-time address Wednesday night to "provide an important update on Iran," the White House said, as the president faces critical decisions in the monthlong war.
HealthWatch
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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.
CDC's acting chief promises a return to stability in a tumultuous moment
Dr. Jay Bhattacharya, head of the National Institutes of Health and interim leader of the Centers for Disease Control and Prevention, told staff a permanent CDC director could be nominated soon. "I know that it has been such a difficult year," he said.
World
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Hiker's dog rescued by helicopter week after getting lost in forest
After strangers raised thousands of dollars for a search, the border collie was flown to safety by a pilot who was determined to reunite pet and owner.
Trump threatens to walk away from Iran war and pull U.S. out of NATO
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.
Russian military plane crashes in Crimea, killing 29 people
The Soviet-designed military transport turboprop aircraft crashed into a cliff, sources at the scene told state news agencies.
American journalist Shelly Kittleson kidnapped in Iraq
American journalist Shelly Kittleson was kidnapped in Baghdad on Tuesday, according to two sources familiar with the matter as well as an Iraqi official.
Iran war's impact is spreading beyond oil, hitting helium and aluminum
Shortages of helium, a byproduct of natural gas processing, could create problems for semiconductor and medical equipment manufacturers.
Entertainment
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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.
Barbie Dream Fest disappoints some attendees
A Barbie Dream Fest event in Fort Lauderdale, Florida, generated backlash from attendees over its allegedly underwhelming experience. Jessica Nova, who drove in from Atlanta for the occasion, joins CBS News to recount her experience.
Technology
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Technology
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.
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.
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.
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.
Judge blocks Pentagon's Anthropic risk label
A judge has temporarily blocked the Pentagon's attempt to designate Anthropic as a supply chain risk. CBS News legal contributor Jessica Levinson joins with analysis.
Science
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Live
Artemis II moon mission counts down to historic flight
NASA's Artemis II astronauts are set to launch today on a nine-day mission around the moon and back. Follow the countdown and watch it live.
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 launching today
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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Crime
Defense in Kirk case questions bullet analysis
Lawyers for the man accused of killing Charlie Kirk are asking to delay a preliminary hearing set for May, arguing the defense team needs time to review ATF analysis they contend "could not" connect a bullet fragment recovered during Kirk's autopsy with the rifle found near the scene of the crime. CBS News legal contributor Jessica Levinson joins to unpack the development.
New details on Tiger Woods arrest report
Tiger Woods had bloodshot eyes, was "sweating profusely" and had "extremely dilated" pupils after a rollover car crash last week, an arrest report shows. CBS News' Shanelle Kaul has the details.
Police find drug-smuggling tunnel with rail system and cranes in Spain
Police said two people headed the network, including one person considered to be the "narco-architect" and "mastermind of the tunnels."
Questions about bullet used to kill Charlie Kirk
Lawyers for Tyler Robinson, the man charged with killing conservative activist Charlie Kirk, are looking to review an analysis that couldn't conclusively connect a bullet fragment recovered during an autopsy to the rifle found near the scene. CBS News' Carter Evans reports.
Lawyers for Kirk suspect ask to delay hearing
A new court filing reveals defense attorneys for Tyler Robinson, the man accused of killing Charlie Kirk, claim an ATF analysis could not conclusively connect the bullet that killed Kirk to the gun Robinson allegedly used. Now the lawyers are asking to delay Robinson's preliminary hearing to review the evidence. Carter Evans reports.
Space
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Live
Artemis II moon mission counts down to historic flight
NASA's Artemis II astronauts are set to launch today on a nine-day mission around the moon and back. Follow the countdown and watch it live.
The Artemis II launch is today. Here's how to watch it live.
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 about to make 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
Trump says he'll attend Supreme Court hearing
President Trump says he will attend the Supreme Court arguments on his bid to end birthright citizenship. CBS News' Katrina Kaufman reports.
Trump signals potential end to Iran war
President Trump is expected to address the nation on Wednesday as he signals a potential end to the Iran war. CBS News' Olivia Rinaldi and Holly Williams report.
Apple's Steve Jobs | 60 Minutes Archive
"My model of business is the Beatles," Steve Jobs, co-founder of Apple, told 60 Minutes in 2003, applauding their teamwork and innovation. "Great things in business are never done by one person. They're done by a team of people." Today marks the 50th anniversary of Apple's founding.
Previewing NASA's Artemis II launch
NASA is planning to launch its first crewed mission in over 50 years with its Artemis II flight on Wednesday from Florida's Kennedy Space Center.
Extended interview: Jamie Dimon
JPMorgan Chase CEO Jamie Dimon speaks with "CBS Evening News" anchor Tony Dokoupil about the advancement of artificial intelligence, the war in Iran's effect on the U.S. economy, prediction markets and more.