Tips for buying homes with someone else
There are several things to consider before buying a home with someone else. NerdWallet's Holden Lewis joins CBS News with some tips to keep in mind when making a purchase.
Mortgage Rates
Effects roducer price data
New economic data is trickling in and the latest producer price index numbers could signal a potential trend about the state of inflation in the U.S. CBS MoneyWatch correspondent Kelly O'Grady has more.
Inflation rises slightly
New data shows inflation rose slightly as the Federal Reserve navigates interest rate cuts following signs of cooling prices and a weaker labor market. CBS News contributor JD Durkin has more.
Buyers await mortgage relief after Fed cuts
The Federal Reserve has made two consecutive interest rate cuts but potential homebuyers are wondering when mortgage rates will drop. CBS News MoneyWatch correspondent Kelly O'Grady breaks down what this means.
Trump lays out some economic proposals
Voters consistently list the economy as one of the top issues that drove them to the polls. CBS News contributor J.D. Durkin breaks down President-elect Donald Trump's economic proposals and what they mean for Americans' finances.
What the Fed interest rate cut means for you
Federal Reserve Chair Jerome Powell announced an interest rate cut Thursday for the second time in the last three months as inflation continues to decline. CBS News contributor Javier E. David has more on what that might mean for you.
Fed cuts interest rates another quarter-point
The Federal Reserve on Thursday lowered its benchmark borrowing rate by 0.25 percentage points. Kelly O'Grady examines what the move could mean for Americans' pocketbooks.
Senate GOP members fight for leadership role
CBS News estimates that control of the House of Representatives is lean Republican. Meanwhile, the GOP flipped the Senate with longtime leader Mitch McConnell stepping down from the role. CBS News congressional correspondent Nikole Killion has more.
Federal Reserve interest rate cut news
The Federal Reserve's latest interest rate cut could affect Americans who are borrowing money or are saving money. Jacob Sonenshine, a markets reporter at Barron's, joins CBS News with more on the cut's impact.
Potential interest rate cut news coming
The Federal Reserve will announce Thursday whether it will cut interest rates again after a jumbo cut in September. CBS News business analyst Jill Schlesinger breaks down what economists expect.
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.
"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.
Why mortgage rates rose after falling
Mortgage rates dropped after the Fed's interest rate cut announcement in September. Although rates appear to have slightly risen since dropping to a record two-year low, experts still believe they will trend down if the U.S. economy remains stable. Bankrate's Mark Hamrick joins CBS News with more.
Federal Reserve interest rate cut effect
The Federal Reserve's interest rate cut announcement has already affected the prices of some mortgage rates and credit card interest rates. CBS MoneyWatch associate managing editor Aimee Picchi reports.
Here are the credit products already cheaper after the Fed's rate cut
Lenders are already lowering rates on some products, providing savings to borrowers. Here's what to know.
Interest rate cuts impact stock prices
The Federal Reserve Board's announcement to cut interest rates has made stocks surge for now and mortgage rates slightly drop. CBS News senior business and technology correspondent Jo Ling Kent looks at the data.
Spotting scams when homebuying, renting
The CBS News Confirmed team investigated housing scams that are impacting Americans nationwide. CBS News national consumer correspondent Ash-har Quraishi has more on avoiding scams when buying or renting a home.
How one first-time homebuyer spent three years searching for a house
The real estate market is especially tough for first-time homebuyers like Shruti Chauhan, who has been hunting for years.
Challenges facing first-time home buyers
Many prospective first-time home buyers feel like they're at a disadvantage as they face high interest rates and competition from a spiking number of all-cash offers. CBS News correspondent Nancy Chen has more.
Mortgage rates fall to lowest since April 2023. Here's where they're headed.
The Average rate for 30-year fixed mortgage now stands at 6.44%, the lowest in 16 months, according to the Mortgage Bankers Association.
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.
Powell signals interest rate cuts coming
Federal Reserve Chair Jerome Powell signaled Friday that the economy is ready for interest rate cuts, a move economists have been expecting will take place in September. CBS News contributor Javier E. David has more.
Mortgage rates starting to come down
Mortgage rates are finally starting to come down, which is giving some homeowners a bit of relief. But many looking to buy could still face unaffordable prices and a tight market. Elise Preston has more.
Mortgage rates tumble to lowest since April 2023 after weak jobs report
Homebuyers are getting some relief from high borrowing costs as mortgage rates sink on expectations the Federal Reserve will cut rates.
Zombie mortgages come back to haunt homeowners
Many so-called zombie mortgages date back to the 2008 financial crisis, and consumer advocates warn a new wave of zombies could be on the horizon — this time, from all the home equity credit lines taken out during the pandemic.
House Ethics Committee quietly voted to release Matt Gaetz ethics report
The House Ethics Committee has quietly voted to release its report on the investigation into former Rep. Matt Gaetz, two sources said.
"Everyone was targeted" in Wisconsin school shooting, police say
A "combination of factors" appear to have led a 15-year-old student to carry out the school shooting, police in Madison, Wisconsin, say.
Russia says suspect detained in killing of top general in Moscow blast
Russian officials say a man has been detained over the killing of Lt. General Igor Kirillov, who led Russia's chemical and biological weapons unit.
Explosion kills 2 soldiers in suspected booby trap by drug cartel
Before the blast, the soldiers had discovered the dismembered bodies of three people, officials said.
Congressional leaders unveil bill to avoid government shutdown
Leaders in Congress unveiled a measure to keep the government funded, facing a Friday night deadline to avert a government shutdown.
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.
Police issue warning after monkeys spotted roaming Florida city
Police have warned residents to avoid monkeys seen recently in Orange City, Florida.
Boeing Starliner crew's return to Earth delayed yet again
NASA astronauts Butch Wilmore and Suni Williams have been stuck in space for months longer than expected, and will not return to Earth until at least March 2025 at the earliest, NASA indicated.
2 parents, 3 young children found dead in Utah home; teen hospitalized
The dead were two adults, an 11-year-old boy, and two girls ages 9 and 2, according to police.
U.S.
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House Ethics Committee quietly voted to release Matt Gaetz ethics report
The House Ethics Committee has quietly voted to release its report on the investigation into former Rep. Matt Gaetz, two sources said.
Police issue warning after monkeys spotted roaming Florida city
Police have warned residents to avoid monkeys seen recently in Orange City, Florida.
Complete mastodon jaw discovered in New York homeowner's backyard
A complete and well-preserved jaw that once belonged to an ancient mastodon has been unearthed from the yard of a home in New York's Hudson Valley.
Sen. Warren pushes bill to make it easier to declare bankruptcy
Sen. Elizabeth Warren says Americans seeking debt relief face an overly complicated, costly bankruptcy system.
2 parents, 3 young children found dead in Utah home; teen hospitalized
The dead were two adults, an 11-year-old boy, and two girls ages 9 and 2, according to police.
MoneyWatch
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Sen. Warren pushes bill to make it easier to declare bankruptcy
Sen. Elizabeth Warren says Americans seeking debt relief face an overly complicated, costly bankruptcy system.
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.
Social Security Fairness Act could restore benefits, but policies still cause hardship
"In essence, this money has been stolen from all of us for all these years," said an 84-year-old woman whose late husband's Social Security benefits were slashed. "It's not fair."
What to know about Frontier Airlines' $299 "GoWild!" annual pass
Here's what to know about Frontier's "GoWild!" unlimited flight deal, an "all you can fly" offer that costs $299.
Japan's Honda and Nissan to begin merger talks, report says
The automakers are reportedly considering a merger to compete against large EV makers.
Politics
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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.
House Ethics Committee quietly voted to release Matt Gaetz ethics report
The House Ethics Committee has quietly voted to release its report on the investigation into former Rep. Matt Gaetz, two sources said.
Sen. Warren pushes bill to make it easier to declare bankruptcy
Sen. Elizabeth Warren says Americans seeking debt relief face an overly complicated, costly bankruptcy system.
Trump taps Herschel Walker for ambassador to the Bahamas
Herschel Walker, the former football star who unsuccessfully ran for Senate in Georgia in 2022, will be nominated to serve as ambassador to the Bahamas.
Trump lawyers allege juror misconduct in New York criminal case
Heavy redactions obscured almost all information about the accusations themselves.
HealthWatch
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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.
Alabama woman doing well after gene-edited pig kidney transplant
Towana Looney, a 53-year-old Alabama woman, is now free from years of dialysis after receiving an experimental pig kidney transplant last month.
A look at sugar and its impact on kids
Author Emily Oster talks about new research linking early sugar exposure to chronic diseases.
World
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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.
Explosion kills 2 soldiers in suspected booby trap by drug cartel
Before the blast, the soldiers had discovered the dismembered bodies of three people, officials said.
U.S. asked to extradite accused mastermind of journalist's murder
Damaso Lopez Serrano — who is known as "Mini Lic" — is accused of ordering the 2017 killing of award-winning journalist Javier Valdez.
Entertainment
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Entertainment
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.
Nikki Glaser on being Golden Globes host
The New York Times called comedian Nikki Glaser "comedian of the year" for her knockout HBO special, "Someday You'll Die." It received Emmy, Grammy and Golden Globe nominations. And now, Glaser is taking on a new project — hosting the Golden Globes. She joins "CBS Mornings."
Technology
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Technology
What's next for AI in 2025?
After a landmark year for AI advancements like chatbots and image generation, questions loom about the future. Generative AI expert Sam Gregory shares what's ahead.
Lithium battery fires on U.S. flights rise
FAA data shows lithium battery fires are up 388% on U.S. flights since 2015, happening nearly twice per week on average. The lithium batteries inside your tablet, laptop and phones can be flammable when they're damaged or they overheat. Passengers should never put a lithium battery in a checked bag, but it's also advised to keep an eye on your devices during your flight.
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.
Free ChatGPT search engine tool from OpenAI
OpenAI is rolling out its ChatGPT search engine for free to everyone with an OpenAI account after first making the service available for paying subscribers back in October. Will Knight, senior writer with Wired, joined CBS News to discuss the tool.
2024 space exploration and advancements
2024 has been a big year for space exploration, with the shift towards privately financed missions fueling major innovations. CBS News space analyst Bill Harwood discusses the latest on the Boeing Starliner astronauts who have been stuck at the International Space Station for months, the Odysseus moon lander, Space X and NASA.
Science
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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.
Sustainable gift-giving: How to reduce waste
According to the Center for Biological Diversity, the U.S. creates nearly 6 billion tons more waste in December than in other months. The nonprofit says about 25% of returned products end up in landfills. Sandra Goldmark, a circular economy expert and associate dean at the Columbia University Climate School, joins CBS News to share examples of sustainable, environmentally friendly gifts for everyone on your list.
Crime
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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.
Explosion kills 2 soldiers in suspected booby trap by drug cartel
Before the blast, the soldiers had discovered the dismembered bodies of three people, officials said.
DA accused of firing at fugitive, hitting home with family inside
Chris Stanford is facing a reckless endangerment charge after shooting at a fugitive several times and hitting a home that had a family inside.
U.S. asked to extradite accused mastermind of journalist's murder
Damaso Lopez Serrano — who is known as "Mini Lic" — is accused of ordering the 2017 killing of award-winning journalist Javier Valdez.
Indiana conducts first execution in 15 years, puts quadruple killer to death
An Indiana man, Joseph Corcoran, convicted of killing four people including his brother and his sister's fiancé decades ago was put to death, without any independent witness, marking the state's first execution in 15 years.
Space
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Space
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.
Boeing Starliner crew's return to Earth delayed yet again
NASA astronauts Butch Wilmore and Suni Williams have been stuck in space for months longer than expected, and will not return to Earth until at least March 2025 at the earliest, NASA indicated.
When you can see the Cold Moon, 2024's final full moon
December's full moon, known as the Cold Moon, is the last full moon of 2024. Here's when it peaks and why it's called the Cold Moon.
Here's when, where the Geminid meteor shower will be visible during peak
One of the best meteor showers of the year is about to peak. Here's how to watch and where you can catch the Geminids.
Learning from the Ingenuity helicopter's crash landing on Mars
Engineers now say they understand the most likely cause of the Ingenuity helicopter's crash landing on Mars earlier this year.
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 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.
Serial killer Rodney Alcala's secret photos
See some of convicted serial killer Rodney Alcala's photographs that were discovered by detectives in a Seattle storage locker.
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
House committee votes to release Gaetz report
The House Ethics Committee has quietly voted to release its report on allegations of sexual misconduct by former Rep. Matt Gaetz. CBS News political reporter Taurean Small has more.
Undersea internet cables face new threats
With undersea cables linking the world's continents, recent incidents involving foreign vessels raise questions about their security. Chris Krebs, former Cybersecurity and Infrastructure Security Agency director, weighs in on the growing threats.
What's next for AI in 2025?
After a landmark year for AI advancements like chatbots and image generation, questions loom about the future. Generative AI expert Sam Gregory shares what's ahead.
See Ty's latest creation: Beanie Bouncers
Toymaker Ty is continuing its mission to support small businesses by selling its latest creation, Beanie Bouncers, only at independently-owned small gift and specialty shops across the U.S. and U.K. The small plush toys, which can be bounced up to 50 feet, could make a perfect stocking stuffer this holiday season. (Disclaimer: This segment was sponsored by Ty)
Extra measures in stopgap spending bill
Lawmakers have unveiled a spending package that will avert a government shutdown, but extra provisions in the bill, including money for disaster aid and economic assistance to farmers, are leading to opposition from right-wing Republicans. CBS News political reporter Taurean Small has more.