Home prices, mortgage rates remain high
While inflation has shown signs of cooling, mortgage rates and home prices are still stubbornly high, making it challenging for many Americans to buy homes. Elise Preston reports.
Home Sales
Here are the most and least expensive U.S. neighborhoods per square foot
Homes in the most expensive ZIP codes cost almost 200 times more than the cheapest on a square-foot basis, a new analysis finds.
Mortgage rates expected to fall in 2024
Some financial experts expect mortgage rates to decline gradually over the coming months. Mark Hamrick, a senior economic analyst for Bankrate, joins CBS News with the data behind this projection.
Housing market outlook for 2024
Will mortgage rates drop and home prices finally fall in 2024? Chen Zhao, who leads the economics team at Redfin, shares some early predictions for the housing market in 2024.
Mortgage rates starting to slowly drop
Sky-high mortgage rates that scared off some potential home-buyers this year are slowly starting to drop. Rates are now at their lowest level since June after hitting a 23-year high in October. Greg McBride, chief financial analyst at Bankrate, joined CBS News to discuss how much lower rates might go.
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.
Thinking of an adjustable-rate mortgage? Here are 3 questions to ask.
Deciding on an adjustable-rate mortgage boils down to how long you plan to own a property and if your income is stable.
Cost of maintenance adds thousands of dollars to homeownership
Homeowners spent a median $22,000 on renovations last year, a sharp increase from the $14,000 spent in 2018.
Couples turn to wedding registry to help save money to buy a home
A rising number of couples are using their wedding registry to ask for down payment donations, according to The Knot.
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.
Homes "unaffordable" in 99% of nation for average American
Home prices have jumped so much that Americans must pay a third of their income on housing, according to one study.
Home sales down 15% from 2022, data shows
Existing home sales fell almost 1% in August and were down about 15% over the past year, according to new data from the National Association of Realtors. Aarthi Swaminathan, personal finance reporter for MarketWatch, joined CBS News to discuss the numbers.
Mortgage rates surge to highest level since 2000
Interest rates for a home loan are continuing to soar, driving many aspiring property owners out of the market.
Fewer available homes driving up prices
Data from FactSet shows existing homes and new homes are now selling for the same median price. Ten years ago, new home prices were on average $60,000 more expensive than existing homes. A big reason for that could be a lack of housing stock due to potential sellers hanging onto their homes thanks to lower interest rates on their mortgages. Sami Sparber, real estate reporter for Axios, joined CBS News to talk about the trend.
Rent is falling across the U.S. for the first time since 2020
After topping out last year at nearly $1,800 per month, rent is finally starting to ease, new data shows.
This shade of gray can add $2,500 to the value of your home
Homes with rooms painted in dark, dusky shades commanded higher bids than those with lighter interiors, Zillow report finds.
Frustrated coastal home buyers contend with low inventory, high demand
Home buyers in many U.S. coastal areas are advised to prepare to settle, bring cash offers and close quickly.
Consumer debt passes $17 trillion
Stocks closed relatively flat as investors reacted to new consumer debt and mortgage data. Sanders Morris Harris chairman George Ball spoke with CBS News about what the numbers mean for investors and the economy.
Home sale prices decline in parts of U.S.
Nearly one-third of the U.S. has seen a drop in the price of homes for sale since the start of 2023. CBS News' Errol Barnett and Lana Zak are joined by Alcynna Lloyd, economy reporter for Insider, to discuss the trend.
Rent vs. buy: Which makes more sense in this housing market?
Buying a home has traditionally been seen as the smarter financial move. But is that still the case?
Stocks slide after earnings reports
Stocks closed in the red across the board Tuesday, as investors react to first quarter earnings reports. CenterSquare senior investment strategist Uma Moriarity spoke with Errol Barnett about what the results mean for investors going forward.
Investors react to earnings reports
Stocks closed down slightly on Thursday as investors reacted to mixed earnings reports and new weekly jobless claims numbers. CenterSquare Investment Management senior strategist Uma Moriarity joined CBS news to discuss what the developments mean for investors.
Home prices fall for 7th straight month
New data shows that U.S. home prices fell 0.2% in January, the seventh consecutive month prices have gone down. Jason Lewris, the co-founder and head of Parcl Labs, joins CBS News's Errol Barnett and Lana Zak to discuss where prices are falling fastest and what to expect in the coming months, as the Federal Reserve may continue its interest rate hikes.
What we know about the victims of the FSU mass shooting
Two people were killed and six others were hospitalized after a Thursday shooting at Florida State University.
Rubio says U.S. may soon "move on" from Ukraine-Russia peace efforts
President Trump could give up on efforts to end the war in Ukraine "in a matter of days," Rubio says, highlighting the administration view that it's "not our war."
ICE partnerships with local law enforcement triple under Trump
To carry out President Trump's mass deportation effort, ICE has partnered with a record number of local agencies to assist in immigration enforcement.
Advocates urge judge to bar Alien Enemies Act expulsions of migrants
The American Civil Liberties Union asked a federal judge to issue a temporary restraining order preventing officials from using the Alien Enemies Act to deport Venezuelan men held at an immigration detention center in Texas.
Trump administration replaces COVID websites
The Trump administration has moved to replace websites that previously offered health information and access to COVID tests and treatment.
RFK assassination files released by Trump administration
A tranche of records on Robert F. Kennedy's 1968 killing are being unsealed at the urging of the senator's son, HHS Secretary Robert F. Kennedy Jr.
Hunter Biden whistleblower out as IRS commissioner after 2 days
Gary Shapley — who became famous after speaking out about alleged political influence in the Hunter Biden tax probe — is out as IRS director after just two days, following an internal struggle involving Elon Musk.
FSU student and Parkland survivor describes surviving another school shooting
Stephanie Horowitz said she knew what was happening on Florida State's campus before the shooting was confirmed Thursday because she is a survivor of the 2018 shooting in Parkland.
NASA spacecraft to zoom past asteroid this weekend at 30,000 mph
The flyby is a dress rehearsal for 2027 when Lucy reaches its first so-called Trojan asteroid near Jupiter.
U.S.
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Advocates urge judge to bar Alien Enemies Act expulsions of migrants
The American Civil Liberties Union asked a federal judge to issue a temporary restraining order preventing officials from using the Alien Enemies Act to deport Venezuelan men held at an immigration detention center in Texas.
Trump administration aims to reclassify some career civil servants
The Office of Personnel Management estimates about 50,000 positions will ultimately be shifted to a new "at-will" status.
ICE partnerships with local law enforcement triple under Trump
To carry out President Trump's mass deportation effort, ICE has partnered with a record number of local agencies to assist in immigration enforcement.
U.S. soldier killed during D-Day invasion accounted for decades later
U.S. Army Sgt. Ivor D. Thornton, 34, landed on Omaha Beach in Normandy in the second wave of the D-Day invasion on June 6, 1944.
What we know about the victims of the FSU mass shooting
Two people were killed and six others were hospitalized after a Thursday shooting at Florida State University.
MoneyWatch
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About 429,200 wireless phone chargers recalled over fire hazard
Casely received 51 consumer reports of the charger's lithium-ion batteries catching fire while in use, resulting in burn injuries.
Dollar's decline raises worries investors are losing trust in the U.S.
Since mid-January, the dollar has fallen 9% against a basket of currencies, a rare and steep decline.
Is the stock market open today on Good Friday?
The stock and bond markets are closed for Good Friday, but will reopen on Monday, following the Easter holiday.
Honda to shift Civic Hybrid production to U.S. from Japan
Rated as one of the top 10 most popular cars sold in the U.S. in 2024, the Civic model is currently sourced in both countries.
Can the IRS strip Harvard of its tax-exempt status? Here's what to know.
President Trump has suggested stripping Harvard of its tax-exempt status, a step that experts say would be unusual and face legal challenges.
Politics
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Advocates urge judge to bar Alien Enemies Act expulsions of migrants
The American Civil Liberties Union asked a federal judge to issue a temporary restraining order preventing officials from using the Alien Enemies Act to deport Venezuelan men held at an immigration detention center in Texas.
Hunter Biden whistleblower out as IRS commissioner after 2 days
Gary Shapley — who became famous after speaking out about alleged political influence in the Hunter Biden tax probe — is out as IRS director after just two days, following an internal struggle involving Elon Musk.
Trump administration aims to reclassify some career civil servants
The Office of Personnel Management estimates about 50,000 positions will ultimately be shifted to a new "at-will" status.
Trump administration replaces COVID websites
The Trump administration has moved to replace websites that previously offered health information and access to COVID tests and treatment.
ICE partnerships with local law enforcement triple under Trump
To carry out President Trump's mass deportation effort, ICE has partnered with a record number of local agencies to assist in immigration enforcement.
HealthWatch
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Trump administration replaces COVID websites
The Trump administration has moved to replace websites that previously offered health information and access to COVID tests and treatment.
About 429,200 wireless phone chargers recalled over fire hazard
Casely received 51 consumer reports of the charger's lithium-ion batteries catching fire while in use, resulting in burn injuries.
Obesity doctor touts new weight loss drug
There may soon be a new medication option for losing weight. Eli Lilly's experimental pill appears to work as well as the injected drug Ozempic to lower the weight of diabetes patients. Dr. Jon LaPook has more.
CDC scraps plan to help Texas schools curb measles over layoffs, employee says
Some employees working on the CDC's measles response were warned they could face layoffs.
FDA making plans to end its routine food safety inspections, sources say
Food safety inspections would be left to state and local authorities under the plan being developed by the FDA.
World
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U.S. soldier killed during D-Day invasion accounted for decades later
U.S. Army Sgt. Ivor D. Thornton, 34, landed on Omaha Beach in Normandy in the second wave of the D-Day invasion on June 6, 1944.
Tomb filled with skulls, bones of 24 battle victims discovered in Peru
The remains found at the site were wrapped in textiles and buried with honor, researchers said.
"Adolescence" fuels push to teach boys about risks of online misogyny
Netflix's international hit "Adolescence" has been a wakeup call for many adults about an online world of hate that's radicalizing teenage boys.
World Press Photo for 2025 is of Gaza boy who lost arms in Israeli strike
A "quiet photo that speaks loudly," of a Palestinian boy who lost both arms in an Israeli strike, has been selected as the 2025 World Press Photo of the year.
Ryan Gosling to star in new standalone "Star Wars" movie
Ryan Gosling will star in the next installment of the "Star Wars" franchise, "Star Wars: Starfighter," which will hit theaters in May 2027. Shawn Levy will direct the film.
Entertainment
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"Adolescence" fuels push to teach boys about risks of online misogyny
Netflix's international hit "Adolescence" has been a wakeup call for many adults about an online world of hate that's radicalizing teenage boys.
How "Adolescence" discusses online misogyny
The Netflix limited series "Adolescence" centers on a young boy who commits an act of violence under the influence of misogynist content online. The show, which is set in the U.K., has reached 120 million views and started a global discussion.
Tom Francis on Broadway spotlight
With Tony nominations just days away, Tom Francis talks to Adriana Diaz about starring with Nicole Scherzinger in the hit revival of Andrew Lloyd Webber's musical.
Ryan Gosling to star in new standalone "Star Wars" movie
Ryan Gosling will star in the next installment of the "Star Wars" franchise, "Star Wars: Starfighter," which will hit theaters in May 2027. Shawn Levy will direct the film.
Skye P. Marshall on career change and working with Kathy Bates on "Matlock"
Skye P. Marshall also worked in the pharmaceutical industry before she pursued acting. She spoke with "CBS Mornings" about the transition and starring in the legal drama, "Matlock."
Technology
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About 429,200 wireless phone chargers recalled over fire hazard
Casely received 51 consumer reports of the charger's lithium-ion batteries catching fire while in use, resulting in burn injuries.
Judge: Google is online advertising monopoly
A federal judge ruled Thursday that Google is a monopolist in markets for online advertising technology. CBS News' Kelly O'Grady has the details.
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.
How AI is using facial recognition to help bring lost pets home
A national lost-and-found database run by the nonprofit Petco Love has helped reunite more than 100,000 families with missing animals.
Google's digital ad network an illegal monopoly, judge rules
The ruling involving Google's online ad technology follows a similar case last year in which Google's search engine was declared a monopoly.
Science
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NASA spacecraft to zoom past asteroid this weekend at 30,000 mph
The flyby is a dress rehearsal for 2027 when Lucy reaches its first so-called Trojan asteroid near Jupiter.
Breaking down the return of dire wolves
Colossal Biosciences says it successfully gene-edited gray wolves to carry traits of the extinct dire wolf. Founder and CEO Ben Lamm and Chief Science Officer Beth Shapiro discuss the research and rising controversy.
Scientists find "strongest evidence yet" of life on distant planet
A British-U.S. team of researchers detected signs of two chemicals in the planet's atmosphere long considered to be "biosignatures" indicating extraterrestrial life.
Can climate change really create zombie fungi, like in "The Last of Us"?
As the HBO series "The Last of Us" returns, fans wonder: How much of the chilling storyline about a fungal zombie pandemic is rooted in reality?
NOAA could face 25% budget cut, slashing climate research, in draft proposal
An internal government document proposes significant changes for the National Oceanic and Atmospheric Administration, hitting its research functions hardest.
Crime
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Crime
Sean "Diddy" Combs loses bid to delay trial
A federal judge on Friday denied Sean "Diddy" Combs' efforts to delay the start of his upcoming sex trafficking trial. The music mogul has pleaded not guilty on all counts. CBS News legal reporter Katrina Kaufman has the details.
FSU shooting victims to make full recovery
The six people wounded in the mass shooting at Florida State University are expected to make a full recovery, the staff at Tallahassee Memorial HealthCare said Friday. CBS News' Anna Schecter and Kati Weis break down the new details released during the news conference.
New details on FSU shooting victims
New details have emerged about some of the victims in the Florida State University mass shooting. Two people were killed and six others were injured when a shooter opened fire on the Tallahassee campus on Thursday, police said. CBS News' Anna Schecter has more on the investigation.
Motive sought in deadly FSU mass shooting
Classes at Florida State University are canceled Friday following a mass shooting on the campus in Tallahassee that killed 2 people and injured six others. Police are investigating a motive for the shooting. CBS News' Kati Weis and Anna Schecter have more.
Deadly shooting at FSU leaves campus reeling
Crime and safety reporter Anna Schecter joins us with new details after a deadly campus shooting at Florida State University left two dead and six injured. The suspect is in custody.
Space
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NASA spacecraft to zoom past asteroid this weekend at 30,000 mph
The flyby is a dress rehearsal for 2027 when Lucy reaches its first so-called Trojan asteroid near Jupiter.
Astronomer on new evidence pointing to life
Astronomers say they have discovered "the strongest evidence yet" of life on a distant planet, although, they stress that more research is needed. Chief astronomer and planetarium director of the Franklin Institute Derrick Pitts joins "The Daily Report" to discuss.
Scientists find "strongest evidence yet" of life on distant planet
A British-U.S. team of researchers detected signs of two chemicals in the planet's atmosphere long considered to be "biosignatures" indicating extraterrestrial life.
Gayle King on how space flight changed her
A day after her flight to space, Gayle King speaks with "CBS Evening News" co-anchor Maurice DuBois about how the trip has changed her.
Aisha Bowe and Amanda Nguyen reflect on life-changing Blue Origin spaceflight
Aisha Bowe and Amanda Nguyen talk to "CBS Mornings" about how the Blue Origin spaceflight changed them for the better.
Latest Galleries
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"Hands Off!": Americans across country protest Trump, Musk
Hundreds of thousands took to the streets, in Washington, D.C. and other cities across the United States, in opposition to the policies of Donald Trump, in the largest protests since he returned to the presidency.
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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.
Latest CBS News Videos
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Sean "Diddy" Combs loses bid to delay trial
A federal judge on Friday denied Sean "Diddy" Combs' efforts to delay the start of his upcoming sex trafficking trial. The music mogul has pleaded not guilty on all counts. CBS News legal reporter Katrina Kaufman has the details.
Student says he knew FSU shooting suspect
Florida State University student Reid Seybold told CBS News' Vladimir Duthiers that he knew the mass shooting suspect from a political club at a former college. Seybold claims the alleged gunman was asked to leave the club after espousing white supremacist rhetoric, though he said he isn't "going to speculate" on the motive behind Thursday's deadly shooting and whether his views played a role. CBS News has not independently verified these claims.
FSU shooting victims to make full recovery
The six people wounded in the mass shooting at Florida State University are expected to make a full recovery, the staff at Tallahassee Memorial HealthCare said Friday. CBS News' Anna Schecter and Kati Weis break down the new details released during the news conference.
Trump backs Rubio on Russia-Ukraine comments
President Trump took questions from reporters Friday during the swearing-in ceremony for Dr. Mehmet Oz as the new administrator of the Centers for Medicare and Medicaid Services. When asked about the Russia-Ukraine war, Mr. Trump said he believes his administration will get a peace deal done, but echoed Secretary of State Marco Rubio's frustrations over the talks. CBS News' Natalie Brand breaks it down.
Apr 18: CBS News 24/7, 1pm ET
All six of the FSU mass shooting victims are in stable condition and expected to make a full recovery, Tallahassee Memorial HealthCare said; Small business owner sues President Trump over tariffs.