Foreclosures are surging as U.S. homeowners grapple with rising costs
A growing number of Americans, squeezed by inflation and elevated interest rates, face the risk of losing their home in foreclosure.
Subprime Mortgage
The full episode of the CBS Evening News from the April 11, 2016 edition
the CDC now believes the mosquito that carries the Zika virus is found in thirty states, not twelve as previously estimated; at the Caromont goat cheese farm in southern Virginia, this is the time of year when baby goats run wild
One of the financial firms that helped create the 2008 financial crisis has reached an agreement on the punishment
One of the financial firms that helped create the 2008 financial crisis has reached an agreement on the punishment. Goldman Sachs will pay a $5.1 billion fine for failing to address financial problems it knew about while selling subprime mortgages as bonds. Dean Reynolds has more.
Goldman Sachs will have to write a big check for deceptive subprime-mortgage practices; Wall Street prepares for bad earnings news; and Americans waste more than a third of their food
Goldman Sachs will have to write a big check for deceptive subprime-mortgage practices; Wall Street prepares for bad earnings news; and Americans waste more than a third of their food. These MoneyWatch headlines and more.
After a commercial touting an easier way to receive a mortgage aired during the Super Bowl, critics blasted the company who ran it, saying easy mortgages spurred the 2008 financial collapse
After a commercial touting an easier way to receive a mortgage aired during the Super Bowl, critics blasted the company who ran it, saying easy mortgages spurred the 2008 financial collapse. As Anthony Mason found out, that's not exactly the case.
Wells Fargo pays $2 billion over subprime mortgages
It's one of the last remaining big banks to settle charges relating to the subprime mortgage crisis
Here's what really caused the housing crisis
Despite conservatives' arguments, it certainly wasn't federal programs aimed at helping low-income home buyers
Inside the $5.1B Goldman Sachs subprime mortgage settlement
No one is going to jail, and approximately half of the settlement is tax deductible -- meaning Goldman Sachs will be getting a tax break that could shave about a billion dollars off the total
A Small Price To Pay
Is walking away from your mortgage just a "business decision"? (01/27/08)
The Repo Bus
One family's disaster is another's buying opportunity. (01/27/08)
How A Bubble Began
Easy credit paved this road to disaster. (01/27/08)
Ground Zero
The foreclosure capital of America. (01/27/08)
An Invitation To Fraud
Financial editor Jim Grant says everyone got a cut in the subprime circle. (01/27/08)
Warning Lights
$1,400,000,000 of bad loans in just one town! (01/27/08)
Live
Trump calls NATO allies "cowards" as more Marines head toward Middle East
The Iran war is nearing the three-week mark as about 2,200 more U.S. Marines and three more warships are headed toward the region, two U.S. officials say.
Exclusive
U.S. preparing for potential use of ground troops in Iran
It is unclear under what circumstances President Trump would authorize the use of U.S. troops on the ground in Iran.
Senate fails to advance DHS funding bill for 5th time, with no deal in sight
Border czar Tom Homan is expected back on Capitol Hill later Friday for bipartisan talks.
Chuck Norris, action icon and "Walker, Texas Ranger" star, dies at 86
Chuck Norris' family said his death at 86 was sudden, but did not share any other information.
Former Iran detainees fear Americans held in Iranian prisons face heightened danger
Siamak Namazi, who was released from Iran's Evin prison in 2023, said "it's important" that President Trump "hears that there are innocent Americans being held like we were as political pawns."
Jury finds Elon Musk liable for misleading investors during Twitter purchase
A jury has found Elon Musk liable for misleading investors by deliberately driving down Twitter's stock price in the tumultuous months leading up to his 2022 acquisition of the social media company.
Florida homeowners insurance company accused of siphoning profits
As Florida moves homeowners' policies out of its state-run insurer of last resort, insiders question one new company's finances.
U.S. sues Harvard, alleging it failed to protect Jewish and Israeli students
The Trump administration argued that Harvard unlawfully discriminated against Jewish and Israeli students, in violation of federal civil rights law.
DOJ seeks to drop case against ex-police officers charged in Breonna Taylor's death
Two former Louisville police officers were facing civil rights charges in connection with the 2020 shooting death of Breonna Taylor.
U.S.
More U.S.
Jury finds Elon Musk liable for misleading investors during Twitter purchase
A jury has found Elon Musk liable for misleading investors by deliberately driving down Twitter's stock price in the tumultuous months leading up to his 2022 acquisition of the social media company.
Transcript: Namazi, Shargi, Carstens, on "Face the Nation," March 22, 2026
Transcript: Siamak Namazi, Emad Shargi, Roger Carstens, Neda Sharghi on "Face the Nation with Margaret Brennan," March 22, 2026
Joseph Duggar of "19 Kids and Counting" appears in court on child abuse charges
Joseph Duggar's arrest comes almost five years after his older brother Josh Duggar was convicted of downloading child sexual abuse images.
5 more defendants plead guilty in Feeding Our Future fraud scheme
Five people who were charged in connection to the Feeding Our Future scheme pleaded guilty to wire fraud this week.
Hawaii flooding prompts evacuation orders for more than 4,000 people
Honolulu officials said the Wahiawa dam is failing or expected to fail soon and residents nearby should evacuate.
MoneyWatch
More MoneyWatch
Jury finds Elon Musk liable for misleading investors during Twitter purchase
A jury has found Elon Musk liable for misleading investors by deliberately driving down Twitter's stock price in the tumultuous months leading up to his 2022 acquisition of the social media company.
CBS News Radio to shut down after nearly a century of broadcasting
CBS News announced Friday that CBS News Radio will be shutting down this spring after nearly 100 years of broadcasting, citing "challenging economic realities."
Getting ready to fly? Here are 3 ways to track TSA wait times.
Security lines are stretching up to 2 hours at some airports amid TSA staffing shortages. Here's how to check wait times before you leave.
Are the Trump administration's efforts to lower oil and gas prices working?
With gas closing in on $4 a gallon, the Trump administration is pulling multiple levers to tame energy prices. The results have been mixed.
Nearly 90,000 bottles of children's ibuprofen recalled across the U.S.
A pharmaceutical company issued the recall after receiving complaints of "gel-like mass and black particles" in the product, the FDA said.
Politics
More Politics
Transcript: Namazi, Shargi, Carstens, on "Face the Nation," March 22, 2026
Transcript: Siamak Namazi, Emad Shargi, Roger Carstens, Neda Sharghi on "Face the Nation with Margaret Brennan," March 22, 2026
Senate fails to advance DHS funding bill for 5th time, with no deal in sight
Border czar Tom Homan is expected back on Capitol Hill later Friday for bipartisan talks.
Former Iran detainees fear Americans held in Iranian prisons face heightened danger
Siamak Namazi, who was released from Iran's Evin prison in 2023, said "it's important" that President Trump "hears that there are innocent Americans being held like we were as political pawns."
DOJ seeks to drop case against ex-police officers charged in Breonna Taylor's death
Two former Louisville police officers were facing civil rights charges in connection with the 2020 shooting death of Breonna Taylor.
Exclusive
U.S. preparing for potential use of ground troops in Iran
It is unclear under what circumstances President Trump would authorize the use of U.S. troops on the ground in Iran.
HealthWatch
More HealthWatch
Judge blocks parts of RFK Jr.'s vaccine agenda, including revised schedule
A judge blocked a set of changes to the childhood vaccine schedule recommended by allies of Health and Human Services Secretary Robert F. Kennedy, dealing a setback to the Trump administration's efforts to overhaul federal vaccine policy.
Changes in organ donor status can fall through cracks in the system
Patchwork state policies and limited federal oversight have led to a fragmented system for tracking organ donor status.
A dad's colon cancer spread to lungs. He says what happened next was a miracle.
Spencer Laird was diagnosed with colon cancer at 26. At 30, he was told it had returned and spread to his lungs, with one tumor the size of a golf ball.
Dr. Oz pledges to tackle hospice fraud: "Do not steal from the American people"
The Trump administration's Medicare boss reacts to CBS News investigation into California's hospice fraud problems.
Millions of Americans skip meals, stretch medication to afford health care
Even people with six-figure incomes are making financial sacrifices to pay for medical care, a new study finds.
World
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Transcript: Namazi, Shargi, Carstens, on "Face the Nation," March 22, 2026
Transcript: Siamak Namazi, Emad Shargi, Roger Carstens, Neda Sharghi on "Face the Nation with Margaret Brennan," March 22, 2026
Former Iran detainees fear Americans held in Iranian prisons face heightened danger
Siamak Namazi, who was released from Iran's Evin prison in 2023, said "it's important" that President Trump "hears that there are innocent Americans being held like we were as political pawns."
Are the Trump administration's efforts to lower oil and gas prices working?
With gas closing in on $4 a gallon, the Trump administration is pulling multiple levers to tame energy prices. The results have been mixed.
Exclusive
U.S. preparing for potential use of ground troops in Iran
It is unclear under what circumstances President Trump would authorize the use of U.S. troops on the ground in Iran.
Mexican president says citizen deaths in U.S. custody "can't be happening"
Mexican President Claudia Sheinbaum on Friday condemned the deaths of three Mexican nationals in ICE custody this year.
Entertainment
More Entertainment
CBS News Radio to shut down after nearly a century of broadcasting
CBS News announced Friday that CBS News Radio will be shutting down this spring after nearly 100 years of broadcasting, citing "challenging economic realities."
Bodycam video of Justin Timberlake's DWI arrest to be released
Bodycam video footage of Justin Timberlake's June 2024 DWI arrest on Long Island will be released to the media with redactions, court records show.
Chuck Norris dies at age 86
Action star Chuck Norris has died at age 86, his family announced Friday. CBS News' Mugo Odigwe reports.
Taylor Frankie Paul mugshot emerges
Reality TV star Taylor Frankie Paul's booking photo for an apparent incident in 2023 has emerged. Entertainment Tonight's Nischelle Turner joins with more details.
Chuck Norris, action icon and "Walker, Texas Ranger" star, dies at 86
Chuck Norris' family said his death at 86 was sudden, but did not share any details on the cause.
Technology
More Technology
Jury finds Elon Musk liable for misleading investors during Twitter purchase
A jury has found Elon Musk liable for misleading investors by deliberately driving down Twitter's stock price in the tumultuous months leading up to his 2022 acquisition of the social media company.
White House unveils AI framework for Congress
The White House unveiled a national framework for how it wants Congress to address concerns about artificial intelligence. Technology journalist Jacob Ward joins CBS News to discuss the outline and AI concerns.
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.
AI version of Val Kilmer to star in new movie
Val Kilmer was originally set to star in "As Deep as the Grave" before he died last year, never shooting a scene of the movie. But Kilmer will still star in the film thanks to generative AI, which is artificial intelligence that can generate new content by analyzing existing content. Jo Ling Kent has more.
Risks of excessive screen time for adults
More than 80% of adults say they go online at least several times per day and research indicates that even adults' fully-formed brains can suffer negative consequences from excessive screen time. Dr. Sue Varma breaks down risks, tips to reduce your screen time and why adults are spending more time on screens.
Science
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Discovery of 1949 whale recording could unlock mysteries of ocean
The song is that of a humpback whale and was recorded by scientists in March 1949 in Bermuda, researchers said.
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.
Crime
More Crime
5 more defendants plead guilty in Feeding Our Future fraud scheme
Five people who were charged in connection to the Feeding Our Future scheme pleaded guilty to wire fraud this week.
Bodycam video of Justin Timberlake's DWI arrest to be released
Bodycam video footage of Justin Timberlake's June 2024 DWI arrest on Long Island will be released to the media with redactions, court records show.
Justice Department subpoenas James Comey
Federal prosecutors in Miami subpoenaed former FBI Director James Comey as part of a probe into Obama-era intelligence officials, two sources familiar with the investigation tell CBS News. Jake Rosen reports.
"American Nightmare" survivor Denise Huskins' new discovery exposes victim privacy loophole in California law
The failure to protect explicit case evidence in Denise Huskins' kidnapping and sexual assault case is driving reform at the State Capitol. New developments exposed a little-known gap in state law that could expose videos of sexual assault victims.
Derrick Thompson sentenced to nearly 59 years in prison
Several Minnesota families saw justice served on Thursday morning after five young women were killed in a high-speed crash two summers ago in Minneapolis.
Space
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Repaired moon rocket heads back to launch pad for April 1 blastoff
After a trip back out to the launch pad, NASA's Artemis II rocket will be readied for a historic flight to the moon.
Video shows meteor streaking across the sky
A meteoroid was spotted streaking across the sky in 10 states. In some areas, there was also a loud boom, similar to an explosion. NASA says the meteor, which was traveling 45,000 mph in the sky, fragmented - causing the bright fireball and loud boom.
7-ton meteor identified as likely cause of boom heard across Ohio
Some residents immediately feared the sound was an explosion, according to CBS affiliate WOIO, but weather service officials say it appears to have been a meteor.
Bill Nye on going from Boeing to science guy
Bill Nye the Science Guy sits down with CBS News chief Washington correspondent Major Garrett to talk about his life and career.
NASA targets April 1 for moon mission launch
NASA's huge Space Launch System rocket has been repaired and is ready for rollout back to the launch pad next week.
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
More Latest CBS News Videos
Latest CBS News Videos
Border czar Homan on Capitol Hill amid DHS fight
Senate Majority Leader John Thune said border czar Tom Homan will be back on Capitol Hill on Friday night to continue talks with Democrats about funding the Department of Homeland Security. CBS News congressional reporter Taurean Small has the latest.
Ret. Gen. Joseph Votel on NATO and Iran war
NATO countries have so far rejected President Trump's call for help with the Strait of Hormuz. Ret. Gen. Joseph Votel, former commander of U.S. Central Command, joins to discuss.
Trump lashes out at NATO over Strait of Hormuz
President Trump on Friday called NATO allies "cowards" for declining to send troops to help reopen the Strait of Hormuz. CBS News senior White House correspondent Weijia Jiang has more.
Sources: Pentagon preps for possible troops in Iran
Sources tell CBS News that the Pentagon is preparing detailed plans for a possible U.S. ground force deployment in Iran. CBS News senior national security correspondent Charlie D'Agata has more from Tel Aviv, Israel.
Trump: "We don't need" the Strait of Hormuz
President Trump on Friday said the U.S. does not need the Strait of Hormuz, through which 20% of the world's oil passes, and said other nations "will have to get involved." CBS News White House reporter Aaron Navarro has more.