Analyst explains decline in housing sales
Home prices fell for the first time in 3 years last month, marking the sharpest decline since 2011. Real estate analyst Erin Sykes joins "CBS News Mornings" to discuss the latest.
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Home prices fell for the first time in 3 years last month, marking the sharpest decline since 2011. Real estate analyst Erin Sykes joins "CBS News Mornings" to discuss the latest.
The number of Americans filing for first-time unemployment benefits dropped last week. Meanwhile the Department of Commerce released updated gross domestic product figures for the second quarter of 2022. Yahoo Finance senior columnist Rick Newman joins CBS News to discuss these and the mortgage market.
New government data shows economic growth shrank at a 0.6% annual rate in the second quarter — less than initially thought.
President Biden announced his plan to forgive up to $20,000 in student loan debt for millions of Americans. But, some lawmakers and economic experts have raised concerns over its potential impact on inflation and the cost of college tuition. CBS News correspondent Christina Ruffini joined CBS News' Caitlin Huey-Burns on "Red and Blue."
President Biden unveiled his plan to cancel billions of dollars in student loan debt. It will impact millions of borrowers earning less than $125,000 a year. Roy Paul, executive director of Cents Ability, joins CBS News to discuss how the plan will work and its economic impact.
President Biden unveiled his plan to cancel billions of dollars in student loan debt, saying it will benefit 43 million Americans earning less than $125,000 a year. Pell Grant recipients will receive up to $20,000 in relief, while other borrowers can get up to $10,000 in debt cancellation. The pause on federal loan payments will also be extended until the end of the year. Roy Paul, executive director of Cents Ability, joins CBS News to discuss the economic impact of this plan.
Thousands of protesters took the streets of Haiti's capital calling for the resignation of Prime Minister Ariel Henry. It comes as the country deals with a surge in crime and rising inflation. The Haitian Times' Macollvie Neel joined CBS News with a look at the current economic situation there.
About 69% of Americans are worried the U.S. will be in a recession by the end of next year, a survey conducted by Bankrate found. About 41% of people say if a recession happens, they are not prepared. Mark Hamrick, senior economic analyst at Bankrate, joins CBS News to discuss how people should be preparing for a possible recession.
Like everything else, the cost of fast food is rising, but in some states it's more affordable than others.
For our MoneyWatch series "The Uncertain Economy," CBS News' Lana Zak visited a food bank in Baltimore to take a look at how people are coping with increased food prices.
The stock market stayed flat Tuesday after falling sharply Monday. Rebecca Walser, president of Walser Wealth Management, joins CBS News to explain how the sell-off is connected to fears over what the Federal Reserve has planned for next months interest rate hike.
Flexible, part-time gigs offer ways to make extra cash, from tutoring to renting out your house or car.
A trip down the supply chain shows the answer behind what's driving record inflation may not be so simple.
The average cost of a gallon of milk nationwide has gone up almost a dollar since 2020. “CBS Mornings” co-host Tony Dokoupil goes up the supply chain – starting from a grocery store, to a farm, to an animal feed store – to track down where inflation really begins.
As students return to school, parents are spending a lot more on supplies because of inflation. According to one survey, just 36% of parents said they can afford back-to-school supplies this year. Janet Shamlian takes a look.
S&P 500 suffers its biggest drop since June as investors fret over the Fed's effort to tame inflation.
As inflation remains high, those looking to make their money grow in the stock market may be drawn to a tactic referred to as “buying the dip.” But does this strategy work? Joe Saluzzi, partner and co-founder of Themis Trading, joins CBS News to discuss in today’s MoneyWatch report.
CBS News correspondent Errol Barnett shows how inflation impacts the value of a dollar and why your money is worth less now than even a few years ago.
The affordability crisis in housing has only gotten worse thanks to rising mortgage rates. As a part of our series "MoneyWatch: The Uncertain Economy," CBS News correspondents Errol Barnett and Tanya Rivero break down the relationship between mortgage rates and inflation.
As inflation rates rise, so do prices at the grocery store, which means your dollar is not stretching as far. In our MoneyWatch series, "The Uncertain Economy," Roy Paul, executive director of Cents Ability, has some tips on how you can make sure a trip to the store doesn't break the bank.
Back-to-school spending in total is expected to match the record high set in 2021: $37 billion.
The company is one of many providing bonuses, wage increases or additional benefits as inflation rises and labor shortages persist.
Many people are worried the country is headed toward a recession, or may already be in one. While not all recessions are created equal, economists say we can learn lessons from our past. CBS News takes a look back at the history of recessions in America as part of our series "MoneyWatch: The Uncertain Economy."
Despite sputtering U.S. economic growth, Federal Reserve hiked interest rates to ease "unacceptably high" inflation.
President Biden has signed the Inflation Reduction Act into law after months of negotiations. Democrats said the measure addresses climate change and health care costs. CBS News senior White House and political correspondent Ed O'Keefe joined "CBS News Mornings" to discuss the legislation and provide an update on first lady Jill Biden, who is isolating following her COVID-19 diagnosis.
The footage is included in a video that promotes false claims that the 2020 presidential election was rigged against Mr. Trump.
Local and federal authorities said "investigators are actively inspecting the information provided in the message for its authenticity" regarding the disappearance of Nancy Guthrie.
The 2026 Milano Cortina Winter Olympics are underway after the lighting of the Olympic cauldrons and the Parade of Nations at the opening ceremony.
President Trump late Friday addressed a video posted to his social media account that included a racist depiction of Barack and Michelle Obama as apes.
President Trump called GOP Sen. Tim Scott after the South Carolina Republican publicly urged the president to remove a reposted video depicting former President Barack Obama and former first lady Michelle Obama as apes.
Though the commerce secretary has called his interactions with Epstein as "limited," the two were in business together four years after Epstein's 2008 guilty plea.
Cryptocurrency transactions are often thought to be anonymous and untraceable. That's a misconception, experts tell CBS News.
The criticism continued even after the White House removed the video after the initial backlash.
The Pentagon says it will cut ties with Harvard University, ending graduate-level military training, fellowship and certificate programs.
The Pentagon says it will cut ties with Harvard University, ending graduate-level military training, fellowship and certificate programs.
Beginning in 2004, Joe Macken carved all five boroughs of New York City out of balsa wood, every site and stadium, and every bridge and building. His creation consists of almost 1 million structures.
More than 35 local, state and federal agencies have been working for the last 18 months to prepare for Super Bowl LX in Santa Clara, California.
Though the commerce secretary has called his interactions with Epstein as "limited," the two were in business together four years after Epstein's 2008 guilty plea.
Resurgent technology stocks drove the rebound after a volatile week, while bitcoin also recouped losses.
Though the commerce secretary has called his interactions with Epstein as "limited," the two were in business together four years after Epstein's 2008 guilty plea.
Resurgent technology stocks drove the rebound after a volatile week, while bitcoin also recouped losses.
Cryptocurrency transactions are often thought to be anonymous and untraceable. That's a misconception, experts tell CBS News.
Emboldened by loosened restrictions from federal regulators, prediction markets look to cash in on Super Bowl Sunday.
Here's what to know about TrumpRx, including how it works, who can use it, and how much money it can save.
A federal appeals court on Friday endorsed the Trump administration's policy of holding broad groups of immigration detainees without access to bond hearings, a major legal victory for President Trump.
The Pentagon says it will cut ties with Harvard University, ending graduate-level military training, fellowship and certificate programs.
President Trump late Friday addressed a video posted to his social media account that included a racist depiction of Barack and Michelle Obama as apes, telling reporters he didn't see the part that showed the former president and first lady.
Though the commerce secretary has called his interactions with Epstein as "limited," the two were in business together four years after Epstein's 2008 guilty plea.
Emboldened by loosened restrictions from federal regulators, prediction markets look to cash in on Super Bowl Sunday.
Here's what to know about TrumpRx, including how it works, who can use it, and how much money it can save.
The Trump administration launched its new TrumpRx direct-to-consumer prescription drug listing site late Thursday, part of a push to offer medication at steep discounts.
The New Mexico Department of Health said officials believe the baby contracted listeria after their mother drank raw milk during pregnancy.
As health care costs skyrocket and federal lawmakers pull back help on ACA insurance premiums, more middle-income families are facing tough choices on health care.
Many Americans are expected to lose ACA or Medicaid coverage in the coming months and years, but doctors and researchers say there are still ways to find affordable care.
Andres Escobar was gunned down in Medellin days after scoring an own goal in a match against the U.S. at the 1994 World Cup.
Spanish figure skater Tomas-Llorenc Guarino Sabate secured the rights to perform his Minions-themed program at the Milan Cortina Games hours before he was set to skate.
Here's what to know about the Parade of Nations in the 2026 Winter Olympics opening ceremony and how the country order is determined.
As the 2026 Milan Cortina Winter Olympics begin, all eyes were on teams from around the globe proudly donning their countries' uniforms for the opening ceremony, including Team USA in outfits designed by Ralph Lauren.
Gamers across the world can now recreate drone strikes in Ukraine from the comfort of their own home, with this newly released game.
Don't miss a moment of the Winter Olympics. Here's how to watch live, for free and stream the action without cable.
Coming off a historic Grammy win, Bad Bunny is gearing up to make even more history at this weekend's Super Bowl. The musician is set to be the first Super Bowl headliner to perform completely in Spanish. Leila Cobo, co-chief content officer at Billboard, joins "The Daily Report" to discuss.
Spanish figure skater Tomas-Llorenc Guarino Sabate secured the rights to perform his Minions-themed program at the Milan Cortina Games hours before he was set to skate.
Gamers across the world can now recreate drone strikes in Ukraine from the comfort of their own home, with this newly released game.
Bad Bunny, the Puerto Rican singer born Benito Antonio Martínez Ocasio, told fans to expect a special Super Bowl halftime show on Sunday. Nidia Cavazos reports on how the star is performing, and whether he'll have any surprise guests.
The FAA says it is collaborating with the FBI to detect, track and assess unauthorized drone activity at the Super Bowl.
Gamers across the world can now recreate drone strikes in Ukraine from the comfort of their own home, with this newly released game.
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.
CBS News business analyst Jill Schlesinger talks about how companies are using artificial intelligence, the discussion around the technology and how it's impacting the workforce.
Executives from Waymo and Tesla defended their self-driving vehicle technology in testimony before the Senate Commerce Committee on Wednesday. CBS News' Kris Van Cleave reports and Ian Krietzberg, an AI correspondent at the digital media company Puck, has more.
After decades monitoring polar bears in Norway's far north, researchers say the animals have proven incredibly adaptable, but there are no guarantees for the future.
Dark matter doesn't absorb or give off light so scientists can't study it directly. But they can observe how its gravity warps and bends the star stuff around it.
"CBS Saturday Morning" learns more about Veronika, the clever cow who figured out multiple ways to scratch herself with a broom. It was the first time a cow was seen using a tool.
"Sunday Morning" looks back at historical events on this date.
The Dinosaur National Monument, which is located on the border between Colorado and Utah, was last excavated in 1924.
Luigi Mangione had an outburst after a hearing on Friday in which the judge announced that his New York State trial will begin on June 8. CBS News legal reporter Katrina Kaufman is following the case.
Local and federal authorities said "investigators are actively inspecting the information provided in the message for its authenticity" regarding the disappearance of Nancy Guthrie.
Friday marked six days since Nancy Guthrie's apparent abduction, and Guthrie's three children have been posting on social media hoping to reach whoever may have taken her. CBS News' Andres Gutierrez reports and former FBI counterintelligence operative Eric O'Neill has more.
Luigi Mangione had an outburst in a New York courtroom on Friday after a judge scheduled his state trial to begin before his federal case. The UnitedHealthCare CEO murder suspect claimed "this is the same trial twice" and called it "double jeopardy." CBS News' Katrina Kaufman has more.
Andres Escobar was gunned down in Medellin days after scoring an own goal in a match against the U.S. at the 1994 World Cup.
NASA's first crewed moon mission in more than 50 years has been delayed until March at the earliest. During a routine dress rehearsal of the launch, persistent liquid hydrogen leaks were discovered in the Artemis II rocket. CBS News space consultant Bill Harwood breaks it down.
NASA plans to test the planned leak repair with a second dress rehearsal fueling test later this month.
NASA delayed the Artemis II moon rocket launch after a hydrogen leak was found during a wet dress rehearsal, the agency announced Tuesday. CBS News senior space consultant Bill Harwood has the latest.
A NASA mission is underway to map the heliosphere, which is a huge protective bubble around the solar system that was created by the sun.
NASA says it can't try until March at the earliest to send a crewed spacecraft on a flight around the moon and back, due to hydrogen leaks during testing of the Artemis II rocket.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Officials said they are "aware of a new message" in the Nancy Guthrie disappearance on Friday. Authorities have not given details on the contents of the message. Former FBI special agent FBI Doug Kouns joins CBS News to discuss.
Beginning in 2004, Joe Macken carved all five boroughs of New York City out of balsa wood, every site and stadium, and every bridge and building. His creation consists of almost one million structures. Steve Hartman has the story.
After a licensed school bus driver finished his route, he decided to help after seeing lots of other children walking to school in the cold. As Tony Dokoupil reports, the offer was short-lived.
The opening ceremony marked the official start of the 2026 Winter Olympics with celebrations at Milan's San Siro Stadium and at venues in Predazzo, Livigno and Cortina d'Ampezzo. Seth Doane reports.
With less than 48 hours until kickoff for Super Bowl LX, security preparations are already in motion. Kris Van Cleave has a preview.