Fed leaves interest rates unchanged
The Federal Reserve has announced interest rates will remain unchanged for the second time this year. CBS News business analyst Jill Schlesinger and CBS News contributor J.D. Durkin react to the decision.
Mortgage Rates
New data on L.A. mortgage delinquency risks
New data shows that about one in four borrowers in the area of Los Angeles' Palisades Fire are at risk of falling behind on their mortgage payments. Sarah McGregor, Bloomberg News managing editor of the national desk, breaks it down.
Where are mortgage, CD and credit card rates heading in 2025?
The Fed has been pushing down borrowing cuts since September, yet mortgage rates remain close to 7%. Here's what to expect in 2025.
What is the state of the job market?
The number of Americans applying for unemployment benefits fell slightly last week. Meanwhile, the average 30-year mortgage rate hit 6.85%, the highest since July. CBS News contributor Javier David breaks it down.
The impact of sticky inflation on Americans
2024 was a departure from the high inflation numbers of just two years ago, but the fight against rising prices is not over. CBS News MoneyWatch correspondent Kelly O'Grady looks back on the biggest economic and business stories of the year.
Mortgage rates increase despite Fed's rate cut
The Federal Reserve announced its third interest rate cut of the year this week. But despite the good news for consumers, mortgage rates are still rising. Bankrate senior industry analyst Ted Rossman joins "The Daily Report" to discuss.
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.
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.
Democrats call Trump intel officials' use of group chat "reckless, sloppy and stunning"
Director of National Intelligence Tulsi Gabbard and CIA director John Ratcliffe testified in a Senate Intelligence hearing that was pre-scheduled to deal with global threats.
NSA warned of vulnerabilities in Signal app a month before Houthi strike chat
The National Security Agency sent a bulletin in February warning of Russian hackers trying to access encrypted conversations on Signal.
Exclusive
U.S. pauses some green card applications as part of aggressive vetting effort
The Trump administration has quietly paused the processing of green card applications filed by certain individuals, including approved refugees.
Russia, Ukraine agree to stop fighting in Black Sea to enable shipping
Russia and Ukraine have agreed to "ensure safe navigation" and "eliminate the use of force" in the Black Sea, in a deal announced by the Trump administration.
Flight data show Steve Witkoff was in Russia during group chat on Signal
As top Trump cabinet members sent texts in a Signal group chat, CBS News analysis shows one of them, Steve Witkoff, was in Russia.
Many with disabilities risk losing Medicaid if they work too much
Disability rights advocates say income and asset caps for Medicaid buy-in programs are a "poverty trap" for millions of Americans.
Social Security chief nominee vows to run agency "in the right fashion"
President Trump's nominee to oversee the Social Security Administration faced lawmakers' questions about his plans for the retirement program.
Top officials warn of "coordinated" attacks on Teslas as intel suggests otherwise
This year, incidents targeting Tesla EVs have taken place in nine states. Intelligence suggests lone actors are behind them.
Forensic genetic genealogy helps identify "John Doe" killed in 1986
An investigation into the death of David Clary, who was killed in 1986, remains ongoing, police said.
U.S.
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Trump issues pardon for Hunter Biden's ex-colleague Devon Archer
Devon Archer was convicted in 2018 for his connection to a scheme to defraud a business arm of a Native American tribe.
NSA warned of vulnerabilities in Signal app a month before Houthi strike chat
The National Security Agency sent a bulletin in February warning of Russian hackers trying to access encrypted conversations on Signal.
How the Iranian regime targeted a dissident with help from the Russian mob
Masih Alinejad, a prominent critic of the regime, is a leader of the movement to free Iranian women from the compulsory hijab and has drawn the ire of Iran's Supreme Leader.
Forensic genetic genealogy helps identify "John Doe" killed in 1986
An investigation into the death of David Clary, who was killed in 1986, remains ongoing, police said.
What to know about Signal, app used by Trump officials for war plans
Defense Secretary Pete Hegseth and other Trump officials allegedly used Signal for a group chat to discuss a highly sensitive operation.
MoneyWatch
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What to know about Signal, app used by Trump officials for war plans
Defense Secretary Pete Hegseth and other Trump officials allegedly used Signal for a group chat to discuss a highly sensitive operation.
Many with disabilities risk losing Medicaid if they work too much
Disability rights advocates say income and asset caps for Medicaid buy-in programs are a "poverty trap" for millions of Americans.
Social Security chief nominee vows to run agency "in the right fashion"
President Trump's nominee to oversee the Social Security Administration faced lawmakers' questions about his plans for the retirement program.
U.S. infrastructure's "C" grade from engineers comes with a warning
A once-every-four-year report card on the upkeep of America's infrastructure gave it a "C" grade in 2025, up slightly from previous reports.
Postmaster General Louis DeJoy quits after 5 years in position
Louis DeJoy's departure comes as President Trump and Elon Musk's DOGE have floated the idea of privatizing mail service.
Politics
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Trump issues pardon for Hunter Biden's ex-colleague Devon Archer
Devon Archer was convicted in 2018 for his connection to a scheme to defraud a business arm of a Native American tribe.
NSA warned of vulnerabilities in Signal app a month before Houthi strike chat
The National Security Agency sent a bulletin in February warning of Russian hackers trying to access encrypted conversations on Signal.
How the Iranian regime targeted a dissident with help from the Russian mob
Masih Alinejad, a prominent critic of the regime, is a leader of the movement to free Iranian women from the compulsory hijab and has drawn the ire of Iran's Supreme Leader.
What to know about Signal, app used by Trump officials for war plans
Defense Secretary Pete Hegseth and other Trump officials allegedly used Signal for a group chat to discuss a highly sensitive operation.
Exclusive
U.S. pauses some green card applications as part of aggressive vetting effort
The Trump administration has quietly paused the processing of green card applications filed by certain individuals, including approved refugees.
HealthWatch
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Many with disabilities risk losing Medicaid if they work too much
Disability rights advocates say income and asset caps for Medicaid buy-in programs are a "poverty trap" for millions of Americans.
Foods that trigger acid reflux, how to prevent it and when to see a doctor
An estimated 20% of Americans suffer from GERD, a chronic form of acid reflux that goes beyond occasional heartburn. Here's what to know.
West Virginia bans 7 artificial food dyes, citing health concerns
West Virginia Gov. Patrick Morrisey signed a bill into law this week that bans some artificial dyes as well as two preservatives from foods sold statewide.
Trump nominates Susan Monarez for CDC director
President Trump announced Susan Monarez is to be elevated from her role as acting CDC director, after nominee David Weldon was withdrawn earlier this month.
UNAIDS chief says U.S. aid cuts could leave AIDS pandemic to resurge
UNAIDS boss Winnie Byanyima says if U.S. foreign aid isn't restored, AIDS will "come back, and we'll see people die the way we saw them in the '90s."
World
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Oscar-winning Palestinian director released by Israeli army after being attacked
Hamdan Ballal said Israeli settlers in the occupied West Bank beat him in front of his home while filming the assault.
Russia, Ukraine agree to stop fighting in Black Sea to enable shipping
Russia and Ukraine have agreed to "ensure safe navigation" and "eliminate the use of force" in the Black Sea, in a deal announced by the Trump administration.
Flight data show Steve Witkoff was in Russia during group chat on Signal
As top Trump cabinet members sent texts in a Signal group chat, CBS News analysis shows one of them, Steve Witkoff, was in Russia.
Motorcyclist found dead after being swallowed by sinkhole in South Korea
A motorcyclist who fell into a massive sinkhole that opened up on a street in Seoul was found dead after an overnight search.
Democrats call Trump intel officials' use of group chat "reckless, sloppy and stunning"
Director of National Intelligence Tulsi Gabbard and CIA director John Ratcliffe testified in a Senate Intelligence hearing that was pre-scheduled to deal with global threats.
Entertainment
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Oscar-winning Palestinian director released by Israeli army after being attacked
Hamdan Ballal said Israeli settlers in the occupied West Bank beat him in front of his home while filming the assault.
Oscar-winning Palestinian director detained by Israeli army
Israeli settlers have beaten up one of the Palestinian co-directors of the Oscar-winning documentary film "No Other Land."
"American Idol" contestant's song for late dad brings judges to tears
"American Idol" contestant Freddie McClendon shared the devastating story of his late father Davis McClendon through a powerful original song, leaving all three judges in awe.
Conan O'Brien honored at Kennedy Center
Comedian Conan O'Brien accepted this year's Mark Twain Prize for American Humor on Sunday at the Kennedy Center. Some comics took jabs at the night's honoree and President Trump, who took over as chair of the Kennedy Center in January.
Krysten Ritter on new thriller, "Retreat"
Known for her role as Marvel's "Jessica Jones" and her appearances in "Breaking Bad," Krysten Ritter is also making her mark as an author. Her second novel, "Retreat," follows a con artist navigating high society and hidden danger in an exclusive Mexican beach town. She joins "CBS Mornings" to discuss the twist-filled story.
Technology
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NSA warned of vulnerabilities in Signal app a month before Houthi strike chat
The National Security Agency sent a bulletin in February warning of Russian hackers trying to access encrypted conversations on Signal.
What to know about Signal, app used by Trump officials for war plans
Defense Secretary Pete Hegseth and other Trump officials allegedly used Signal for a group chat to discuss a highly sensitive operation.
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.
Inside the AI gold rush
Pulitzer Prize-winning journalist Gary Rivlin dives into the fierce competition between tech giants in his new book "AI Valley," exploring how companies like Microsoft and Google are battling for control over the future of artificial intelligence. He joins "CBS Mornings Plus" to talk about how AI is already reshaping everyday life—and where it's headed next.
How ChatGPT can affect users' well-being
As scientists study the long-term mental health effects of artificial intelligence chatbot use, new research from OpenAI and MIT finds that ChatGPT could be linked to loneliness for some frequent users. Cathy Fang, PhD student at MIT and lead author of a controlled study, joins CBS News to unpack her findings.
Science
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Is carbon capture a solution to the climate crisis?
Carbon capture chemically removes CO2 from the air, to store or recycle into products. But is this technology – underwritten by the fossil fuel industry – an effective means to address climate change?
Is carbon capture a solution to the climate crisis?
As a tool to address rising greenhouse gas emissions, carbon capture chemically removes carbon dioxide from the air, to store or recycle into products. The company behind a new plant to be opened this summer claims the facility will remove 500,000 tons of CO2 a year. But is this form of carbon capture – underwritten by the fossil fuel industry – an effective means to address climate change? Correspondent David Pogue looks at the technology behind this initiative, and the controversy it has raised.
Bones of mammoths butchered for their tusks unearthed by archaeologists
Remains of five mammoths were found archaeologists from the Austrian Academy of Sciences said Thursday in a news statement.
Venus will pass between the Earth and sun on Saturday
Our planet's closest and brightest neighbor will pass approximately between the Earth and sun this week, in what's called an inferior conjunction.
New evidence about dark energy may be "cusp of a major discovery"
The new findings come from the Dark Energy Spectroscopic Instrument (DESI), which sits on a telescope at the Kitt Peak National Observatory in Arizona.
Crime
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Forensic genetic genealogy helps identify "John Doe" killed in 1986
An investigation into the death of David Clary, who was killed in 1986, remains ongoing, police said.
Luigi Mangione wants laptop in jail in UnitedHealthcare CEO murder case
Luigi Mangione is asking for a laptop in jail to view material as he awaits trial in the killing of UnitedHealthcare CEO Brian Thompson.
FBI creates task force to probe Tesla threats
The FBI says it has created a task force to investigate threats and attacks against Tesla locations and vehicles. It comes after police said incendiary devices were found at a Tesla dealership in Austin, Texas, on Monday. CBS News national reporter Karen Hua has more from the Lone Star State.
"American Idol" contestant's song for late dad brings judges to tears
"American Idol" contestant Freddie McClendon shared the devastating story of his late father Davis McClendon through a powerful original song, leaving all three judges in awe.
French actor Gérard Depardieu denies sexual assault charges in court
French cinema icon Gérard Depardieu stands accused of sexually assaulting two women during the filming of Les Volets Verts (The Green Shutters) in Paris.
Space
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Space
Data on dark energy, universe collapse
Data on dark energy weakening over time may signal that if the trend continues it could eventually cause the universe to collapse, according to a new study. Mustapha Ishak-Boushaki, a physics professor and Dark Energy Spectroscopic Instrument (DESI) researcher, joins CBS News with more.
Venus will pass between the Earth and sun on Saturday
Our planet's closest and brightest neighbor will pass approximately between the Earth and sun this week, in what's called an inferior conjunction.
Tom Hanks takes viewers through immersive experience to the moon
"The Moonwalkers: A Journey with Tom Hanks" tells the story of the Apollo missions.
New evidence about dark energy may be "cusp of a major discovery"
The new findings come from the Dark Energy Spectroscopic Instrument (DESI), which sits on a telescope at the Kitt Peak National Observatory in Arizona.
Sunset on the moon seen in stunning images taken by lunar lander
Firefly Aerospace's Blue Ghost Mission 1 lander marked the first successful commercial moon landing.
Latest Galleries
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Notable Deaths in 2025
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.
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.
Latest CBS News Videos
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Latest CBS News Videos
Trump takes questions on Yemen group chat
President Trump and National Security Adviser Mike Waltz spoke Tuesday about the inclusion of a journalist in a group chat where top administration officials were discussing the bombing of Yemen.
Legal status revoked for over 500,000 migrants
The Trump administration is revoking legal status for more than 500,000 Latin American and Haitian migrants who were welcomed into the U.S. under a Biden-era sponsorship process. CBS News national correspondent Manuel Bojorquez reports.
Black Sea deal announced for Ukraine, Russia
The White House announced Tuesday that Russia and Ukraine have agreed to stop fighting in the Black Sea to enable shipping. CBS News White House reporter Olivia Rinaldi has more.
Latest on cases at Supreme Court
The Supreme Court is weighing cases on lawsuits involving the Environmental Protection Agency and Louisiana's congressional districts map. CBS News' Jan Crawford has more.
Intelligence officials grilled on group chat
A prescheduled Senate intelligence hearing on Tuesday was dominated by questions from Democrats about the inclusion of the Atlantic's editor-in-chief on a group chat where top Trump officials were discussing plans to bomb Yemen.