How some Nevada voters see the affordable housing crisis
Vice President Kamala Harris has proposed building three million new homes and rental units, while former President Donald Trump has said he will reduce mortgage rates by slashing inflation.
Affordable Housing
Nevada voters weigh in on affordable housing
Being able to buy a home -- or afford to rent one -- is an important issue for millions of voters this election year. Both candidates for president have ideas to make the American dream a reality for more people. But whose plan will help more? Carter Evans hears from voters in the battleground state of Nevada.
"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.
Affordable housing tax credits set to expire, threatening eviction for thousands
Amid unrelentingly high rents, as many as 223,000 affordable housing units could disappear in next five years.
Could the "YIMBY" movement fix America's affordable housing shortage?
Some cities and states are throwing out single-family zoning to increase density and create more affordable housing.
Affording a home in the U.S. increasingly seems like an impossible dream
Millions of Americans are struggling to keep up with the rising rent, while buyers say the housing market is "nuts." What in the world is going on?
Here are the top zip codes for home sales, according to Realtor.com
Metros in the Midwest and Northeast stole the top slots on this year's list.
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.
Locals being priced out in Wyoming town
Real estate and housing costs in Jackson, Wyoming, have become unaffordable to many, even those who would be considered wealthy in most other places. It's causing a stark divide between those who can afford to live there and those who work in town but have been priced out of living there. Mark Strassmann has the story.
Here are the most and least affordable major cities in the world
Four major cities in California were included in a Chapman University study of housing affordability around the world.
How housing market could impact election
President Biden and former President Donald Trump have talked about the high cost and supply of housing on the campaign trail. Some voters in key swing states say it will be a factor in how they vote this fall.
Home prices reach $387,600 record high, putting a damper on spring
Continued demand and lack of inventory are driving up the prices of homes at a time when mortgage rates are also climbing.
Students experiencing homelessness speak out
College can be stressful with studying and meeting deadlines, but some students are struggling with a different issue: housing. Federal data shows more than 1.5 million U.S. college students are homeless. CBS News producer Sarah Svoboda shows how some California State University students are dealing with it.
The federal government can do more about home costs than you think
The cost to buy a home is historically high, but Congress and the administration can do much more, experts say.
How immigration contributes to job growth
A new study by the Brookings Institution examines the role immigration has played in allowing the U.S. job market to grow faster without stoking inflation. Betsey Stevenson, professor of public policy and economics at the University of Michigan, joins CBS News to explain how migrants contribute to job growth and U.S. demand.
Presidential candidates address housing costs
Data from the Federal Reserve shows price indexes for homes and rents are up nearly 50% compared to before the pandemic. Jeanna Smialek, Federal Reserve and U.S. economy reporter for The New York Times, joins CBS News to examine how much a president can do to curb prices.
Record number of Americans are homeless amid nationwide rent surge
Rents over the last two decades have risen much faster than employee pay, contributing to an escalating homelessness crisis in the U.S.
Rents fall nationwide for third straight month as demand cools
Rent across the U.S. is dipping as vacancies rise and property managers struggle to fill homes, new data shows.
Shelter costs contribute to inflation bump
New data from the Labor Department shows inflation rose slightly to 3.4% in December. Morning Consult economist Sofia Baig joins CBS News to explain what's behind the numbers.
Most home listings unaffordable for typical earner in 2023, report finds
A new analysis of listings in 97 of the most populous U.S. metropolitan areas found that just 15.5% of homes for sale last year were affordable for the typical household.
Los Angeles mayor works to tackle city's homelessness crisis
Los Angeles is home to about 46,000 people who are considered homeless, but Mayor Karen Bass is working to change that.
Economy is a 2024 election top voter priority
The economy is the issue voters most care about when thinking ahead to the 2024 presidential elections, according to a CBS News poll. CBS News correspondent Lana Zak met with Georgia voters who are divided on the state of the economy.
What the Fed's rate decision this week could mean for mortgage rates
With mortgage rates topping 8%, some home buyers are hoping to see some relief with the Federal Reserve's next decision.
Mortgage rates touch 8% for the first time since 2000
The average rate for a 30-year home loan crossed the 8% threshold this week, deepening the affordability crisis for homebuyers.
Mortgage rates haven't been this high since 2000
The average interest rate on a typical mortgage is now 7.49%, worsening the nation's housing affordability crunch.
House conservatives revolt over GOP-backed spending bill
House Speaker Mike Johnson is facing a revolt from fellow Republicans over a last-minute measure to keep the government funded and avoid a shutdown.
Stock market plummets after Fed forecasts fewer rate cuts in 2025
The stock market is down sharply today after the Federal Reserve forecast fewer interest rate cuts in 2025 than expected.
Federal Reserve cuts interest rates by 0.25 percentage points
The Federal Reserve on Wednesday moved to lower its benchmark rate by 0.25 percentage points. Here's what to know.
House Ethics Committee quietly voted to release Matt Gaetz ethics report
The House Ethics Committee voted to release its report on the investigation into former Rep. Matt Gaetz on Dec. 5, according to multiple sources.
Supreme Court agrees to hear challenge to TikTok ban
The Supreme Court on Wednesday said it will take up a challenge to a new law that could lead to a ban on TikTok in the U.S.
New details of Captagon drug trade exposed with Assad regime's collapse
A CBS News team gained access to a site outside Damascus which holds the precursor chemicals for Captagon, one of the most popular street drugs in the Middle East and beyond.
Teacher, student killed in Wisconsin school shooting identified
Erin West, 42, and Rubi Vergara, 14, were fatally shot Monday morning at Abundant Life Christian School in Madison, Wisconsin.
Failed bill included disaster relief and other key funding measures
The 1,500-page measure would have done much more than prevent a government shutdown.
NASA leader weighs in on Elon Musk, SpaceX and plans for moon rocket
NASA Administrator Bill Nelson says he's optimistic the Trump administration will support the space agency's agenda.
U.S.
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Teacher, student killed in Wisconsin school shooting identified
Erin West, 42, and Rubi Vergara, 14, were fatally shot Monday morning at Abundant Life Christian School in Madison, Wisconsin.
Teen victim of deepfake porn urges Congress to pass "Take It Down Act"
Elliston Berry's life was turned upside down after a photo she posted on Instagram was digitally altered online to be pornographic.
Stock market plummets after Fed forecasts fewer rate cuts in 2025
The stock market is down sharply today after the Federal Reserve forecast fewer interest rate cuts in 2025 than expected.
Why are the Boeing Starliner astronauts stuck in space?
Here's why NASA astronauts Suni Williams and Butch Wilmore are stuck, but not stranded, at the International Space Station after launching into space in June.
U.S. Mint announces 5 historical women on new quarters for 2025. Here's who.
It's the last year the American Women Quarters Program will put historical female figures on reverse side of coins.
MoneyWatch
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Stock market plummets after Fed forecasts fewer rate cuts in 2025
The stock market is down sharply today after the Federal Reserve forecast fewer interest rate cuts in 2025 than expected.
U.S. Mint announces 5 historical women on new quarters for 2025. Here's who.
It's the last year the American Women Quarters Program will put historical female figures on reverse side of coins.
U.S. mulls ban on Chinese-made TP-Link routers over national security concerns
TP-Link routers could be banned in the U.S. over national security concerns, according to a report.
Senate set to vote on bill that would expand Social Security to millions
Senators advance bill that would expand Social Security benefits to millions of Americans, including teachers, firefighters and others with public pensions.
Fed lowers rates by 0.25 percentage point, but expects fewer cuts
The Federal Reserve on Wednesday moved to lower its benchmark rate by 0.25 percentage points, but said it plans fewer cuts in 2025.
Politics
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Teen victim of deepfake porn urges Congress to pass "Take It Down Act"
Elliston Berry's life was turned upside down after a photo she posted on Instagram was digitally altered online to be pornographic.
Senate set to vote on bill that would expand Social Security to millions
Senators advance bill that would expand Social Security benefits to millions of Americans, including teachers, firefighters and others with public pensions.
House conservatives revolt over GOP-backed spending bill
House Speaker Mike Johnson is facing a revolt from fellow Republicans over a last-minute measure to keep the government funded and avoid a shutdown.
Paris Hilton's bill to protect minors at residential treatment facilities heads to president's desk
The 43-year-old heiress and actor has testified about her own experience as a teenager at treatment facilities.
U.S. begins to retaliate against China over hack of telecom networks
The Commerce Department's action is a direct response to China's infiltration of telecom networks earlier this year.
HealthWatch
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What are seed oils and do they pose health risks? Here's what to know
Seed oils are making headlines, prompting fears around whether they can have negative effects on your health. Here's what to know.
CDC confirms first severe bird flu case in the U.S.
A person in Louisiana has the first severe illness caused by bird flu in the U.S., the Centers for Disease Control and Prevention announced Wednesday.
Congo says mysterious disease killing dozens of kids finally identified
"The mystery has finally been solved," Congo's health ministry says, after an unidentified disease outbreak started killing mainly women and children in a remote region.
2 sisters, 7 years apart in age, also receive heart transplants 7 years apart
The sisters share a special bond of getting a second chance at life, which they both received at the age of 38 years old.
Trump could target Affordable Care Act, Medicaid for cuts, experts say
Republicans wants to extend 2017 tax cuts that expire next year and could let ACA subsidies lapse to help pay the tab, according to analysts.
World
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New details of Captagon drug trade exposed with Assad regime's collapse
A CBS News team gained access to a site outside Damascus which holds the precursor chemicals for Captagon, one of the most popular street drugs in the Middle East and beyond.
Prominent pro-Putin ballet star Sergei Polunin says he's leaving Russia
Ukrainian-born ballet phenom Sergei Polunin was rewarded for backing Putin's attacks on his native country, but he appears to have fallen from Moscow's graces.
China continuing nuclear buildup, strengthening ties to Russia, Pentagon says
A new Pentagon report says China is continuing to expand its nuclear force and has strengthened its ties with Russia over the past year.
Ancient inscription may rewrite Christianity's history, researchers say
The "Frankfurt Silver Inscription" shows the earliest evidence of Christianity north of the Alps.
U.K. court clears seizure of millions in unpaid taxes from Andrew Tate
A British court has cleared police to seize $3.3 million from misogynist social media influencer Andrew Tate and his brother to cover unpaid taxes.
Entertainment
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The Grateful Dead, Kennedy Center honorees, reflect on the band's legacy
Surviving members of the Grateful Dead, Bobby Weir, Bill Kreutzmann, and Mickey Hart, revisit the Great American Music Hall in San Francisco.
Ben Schwartz, James Marsden on new "Sonic"
Ben Schwartz and James Marsden join "CBS Mornings" to discuss their roles in the highly anticipated sequel "Sonic the Hedgehog 3," distributed by Paramount Pictures.
Kennedy Center honors Grateful Dead
Dave Matthews, Leon Bridges and Derek Trucks led a star-studded tribute to the Grateful Dead at this year's Kennedy Center Honors. Anthony Mason spoke with the band's three surviving core members about their journey to becoming one of the most influential bands in American history.
Megan Thee Stallion asks for restraining order against Tory Lanez
Tory Lanaz, who is serving a 10-year prison sentence for shooting Megan Thee Stallion in the feet, is harassing her from prison through surrogates, the petition alleges.
How Nikki Glaser is preparing for Golden Globes hosting gig
Comedian Nikki Glaser, known for her honest style, is gearing up to host the 82nd Annual Golden Globes.
Technology
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Technology
Supreme Court agrees to hear case about TikTok ban
The Supreme Court said Wednesday it will hear an appeal from TikTok over a federal law that would ban the social media giant if it is not sold by its Chinese parent company. Jan Crawford has more.
Teen victim of deepfake porn urges Congress to pass "Take It Down Act"
Elliston Berry's life was turned upside down after a photo she posted on Instagram was digitally altered online to be pornographic.
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.
Supreme Court to decide on future of TikTok
The Supreme Court plans to hear arguments in January on a challenge to a new law that could lead to the popular social media app TikTok being banned in the U.S. The Biden administration and lawmakers say the Chinese government's ability to collect data from TikTok poses a significant national security risk, while the app and its Chinese parent company ByteDance argue that the law is unconstitutional. CBS News Supreme Court producer Catherine Cole has more.
FAA: Lithium battery fires on flights now occur nearly twice a week
FAA data shows that lithium battery fires on U.S. flights have risen 388% since 2015, now occurring nearly twice a week.
Science
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"Murder hornets" eradicated in the U.S., agriculture officials say
Giant hornets, dubbed "murder hornets," have been eradicated in the U.S., five years after the invasive species was first detected in Washington state.
Coal use hitting record in 2024, which is likely hottest year yet, report says
World coal use is set to reach an all-time high in 2024, the International Energy Agency says, in a year all but certain to be the hottest in recorded history.
How climate change impacted 2024
From record-breaking temperatures to devastating disasters, 2024 brought the world closer to the reality of what climate change looks and feels like. CBS News national environmental correspondent David Schechter reports.
Bronze-Age Britons were cannibalized after massacre, research shows
Researchers determined that dozens of men, women and children were violently killed and cannibalized in Bronze Age-era England.
ClimateWatch: Looking back on 2024’s extreme weather
In this episode of “ClimateWatch,” CBS national environmental correspondent David Schechter looks back at the devastating hurricanes, landslides, flooding and more that impacted the U.S. this year.
Crime
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Teacher, student killed in Wisconsin school shooting identified
Erin West, 42, and Rubi Vergara, 14, were fatally shot Monday morning at Abundant Life Christian School in Madison, Wisconsin.
Mangione expected to waive extradition, lawyer says
Luigi Mangione, the man indicted on murder charges in the shooting death of UnitedHealthcare CEO Brian Thompson, is expected to waive extradition back to New York, his lawyer said Wednesday. Mangione is currently in custody in Pennsylvania.
New details emerge about teen shooting suspect
We are learning more about the background of a 15-year-old girl who authorities said opened fire Monday at a Christian school in Madison, Wisconsin, killing two people and wounding six others. Ian Lee reports from Madison.
Mangione's lawyer on extradition
An attorney for accused UnitedHealthcare CEO shooter Luigi Mangione said he plans to waive extradition to New York City this week. CBS News New York reporter Ali Baumen has the latest.
Wisconsin school holds vigil after shooting
The community in Madison, Wisconsin, held a vigil Tuesday night to remember those killed in Monday's shooting at a private Christian school. CBS News' Anna Schecter has more about the suspected shooter.
Space
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Why are the Boeing Starliner astronauts stuck in space?
Here's why NASA astronauts Suni Williams and Butch Wilmore are stuck, but not stranded, at the International Space Station after launching into space in June.
NASA delayes return date for astronauts
NASA has delayed the return date for Boeing's Starliner astronauts Butch Wilmore and Suni Williams. CBS News' Manuel Bojorquez reports on the decision to keep the two in space.
NASA leader weighs in on Elon Musk, SpaceX and plans for moon rocket
NASA Administrator Bill Nelson says he's optimistic the Trump administration will support the space agency's agenda.
Boeing Starliner crew's return delayed again
Two astronauts who have been stuck in space since June will have to wait until at least the end of March to come home after NASA on Wednesday again pushed back their return date. Derrick Pitts, chief astronomer for the Franklin Institute, joined CBS News to discuss what's causing the delays.
Starliner astronauts' return delayed again
Two astronauts who have been stuck aboard the International Space Station for months will have to wait even longer to come home. Their planned returned was delayed once again on Tuesday, pushing their earliest return trip back to late March. Manuel Bojorquez has more.
Latest Galleries
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Notable Deaths in 2024
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
The Scott Peterson case: New evidence?
Peterson's death sentence for the murder of his pregnant wife Laci has been overturned. Now his supporters are pushing for a complete retrial.
The troubled marriage of Ashley and Doug Benefield
The seesaw marriage between the former ballerina and her much older husband only lasted four years, until she shot him on Sept. 27, 2020.
Texas couple investigates teen daughter's unusual death
Cayley Mandadi's mother and stepfather go to extreme lengths to prove her death was no accident.
Summer music heats up 2024
Live performances are in full swing this summer. Scroll through our concert gallery, featuring pictures by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
Latest CBS News Videos
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Latest CBS News Videos
Stopgap funding bill in limbo after GOP opposition
A bipartisan House deal on a short-term funding measure that would avoid a potential shutdown and keep the government operational through March appeared to have been scrapped Wednesday after President-elect Donald Trump, Vice President-elect JD Vance and some hardline Republican lawmakers came out against it. Nikole Killion has details from Capitol Hill.
"CBS Evening News" headlines for Dec. 18, 2024
Here's a look at the top stories making headlines on the "CBS Evening News with Norah O'Donnell."
Supreme Court agrees to hear case about TikTok ban
The Supreme Court said Wednesday it will hear an appeal from TikTok over a federal law that would ban the social media giant if it is not sold by its Chinese parent company. Jan Crawford has more.
Mangione expected to waive extradition, lawyer says
Luigi Mangione, the man indicted on murder charges in the shooting death of UnitedHealthcare CEO Brian Thompson, is expected to waive extradition back to New York, his lawyer said Wednesday. Mangione is currently in custody in Pennsylvania.
New details emerge about teen shooting suspect
We are learning more about the background of a 15-year-old girl who authorities said opened fire Monday at a Christian school in Madison, Wisconsin, killing two people and wounding six others. Ian Lee reports from Madison.