Good news for homeowners looking to refinance
Almost 63% of mortgage applicants are homeowners looking to refinance. Jill Schlesinger explains how low mortgage rates could help homeowners cut their costs, as part of our series Eye on Money.
Mortgage Rates
These U.S. metro areas are among the best for first-time homebuyers
Personal finance site SmartAsset ranked these cities as the best markets for first-time buyers in terms of affordability and other factors.
Trump seeks to take mortgage giants public
President Trump reiterated on Wednesday that his administration is working to take mortgage giants Fannie Mae and Freddie Mac public, but still keep them under U.S. government oversight. CBS News business contributor Javier David breaks down what this would mean.
Young Americans feeling financial strain
Rising home prices and persistent inflation are impacting how millennials and Gen Zers feel financially. CBS News contributor Javier David explains.
Climate change could drive flood of foreclosures, study finds
Extreme weather linked to climate change will likely lead to more Americans losing their homes as foreclosure rates rise, researchers predict.
Mortgage rates climb above 7% after Moody's U.S. debt downgrade
Mortgage rates jumped higher on Monday following Moody's downgrade of U.S. debt, adding to the headwinds facing homebuyers.
Left temporarily homeless by Helene, many struggle to pay their mortgages
About a month after hurricanes Helene and Milton hit the Southeast, nearly 60,000 homeowners fell behind on their mortgages.
Average mortgage rates increasing
The average rate for a standard 30-year fixed mortgage climbed to 6.83% this week. That's up a quarter of a percentage point from the week before and the highest rate in two months. CBS News MoneyWatch correspondent Kelly O'Grady breaks it down.
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.
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.
A train ride, selfie and more: What DOJ says happened before press gala shooting
Cole Allen allegedly started planning the attack at the White House Correspondents' Dinner three weeks ago, a new court document filed by prosecutors says.
Supreme Court weakens Voting Rights Act, voiding Louisiana congressional map
The Supreme Court rule 6-3 in a decision that has implications for the scope of the landmark Voting Rights Act.
Live
Hegseth questioned over Iran war as official reveals costs so far
Defense Secretary Pete Hegseth is facing questions from lawmakers for the first time since the Trump administration launched its joint war with Israel against Iran.
Comey appears in court after his indictment for allegedly threatening Trump
Former FBI Director James Comey was indicted Tuesday for allegedly making threats against President Trump.
A WWII-era gift, historic speech and more highlights from King Charles' visit
Photos show some of the highlights as King Charles III and Queen Camilla with President Trump and first lady Melania Trump during an official state visit to Washington, D.C.
Exclusive
FEMA's disaster relief fund hits red zone ahead of hurricane season
FEMA's disaster relief fund has dropped below $3 billion, triggering Imminent Needs Funding, which means the agency must limit spending to only the most urgent, life-saving needs amid the partial government shutdown.
Supreme Court hears arguments over deportation shield for Syrians, Haitians
The Supreme Court heard arguments over the Trump administration's attempt to rescind Temporary Protected Status for 6,000 Syrian and 350,000 Haitian immigrants.
Investigation
How a company likened to a sex cult is lobbying Trump for pardons
OneTaste, a company in San Francisco that prosecutors likened to a sex cult, has embarked on a campaign to court allies of President Trump as it seeks pardons for its two convicted leaders, CBS News has learned.
Federal Reserve holds interest rates steady for third straight meeting
The Fed's April policy meeting is likely to be Jerome Powell's last as chair, with his term ending May 15.
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A train ride, selfie and more: What DOJ says happened before press gala shooting
Cole Allen allegedly started planning the attack at the White House Correspondents' Dinner three weeks ago, a new court document filed by prosecutors says.
Federal Reserve holds interest rates steady for third straight meeting
Fed chief Jerome Powell said he will remain as a governor on the central bank's board after his term as chair ends on May 15.
Comey appears in court after his indictment for allegedly threatening Trump
Former FBI Director James Comey was indicted Tuesday for allegedly making threats against President Trump.
From a brooch to the queen's iPod: A history of gifts between U.S. and U.K.
King Charles surprised President Trump with the bell from the HMS Trump, a World War II-era British submarine, during this week's visit.
Hegseth faces questions on overall Iran war strategy
The war with Iran is now in its ninth week, and Congress is concerned about the reduction of global munition stockpiles and the ability to restock them.
MoneyWatch
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Federal Reserve holds interest rates steady for third straight meeting
Fed chief Jerome Powell said he will remain as a governor on the central bank's board after his term as chair ends on May 15.
TSA PreCheck offers discount to younger travelers. Here's what to know.
TSA is trying to encourage young travelers to enroll in its PreCheck program before summer travel kicks off.
Senate Banking Committee advances Kevin Warsh's nomination for Fed chair
Senators voted along partisan lines, with Republicans backing Warsh's nomination to lead the Fed and Democrats on the panel opposing him.
Man takes sister's exhumed body to bank in bid to get to her money
An Indian man dug up his sister's body and carried it to a bank branch to prove she was dead after being refused access to her account without a death certificate, the lender says.
Feds have rejected 15% of businesses' tariff refund claims
But after some early hiccups, the U.S. government's hub for businesses seeking tariff refunds is running smoothly, an expert says.
Politics
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A train ride, selfie and more: What DOJ says happened before press gala shooting
Cole Allen allegedly started planning the attack at the White House Correspondents' Dinner three weeks ago, a new court document filed by prosecutors says.
Comey appears in court after his indictment for allegedly threatening Trump
Former FBI Director James Comey was indicted Tuesday for allegedly making threats against President Trump.
Hegseth faces questions on overall Iran war strategy
The war with Iran is now in its ninth week, and Congress is concerned about the reduction of global munition stockpiles and the ability to restock them.
A WWII-era gift, historic speech and more highlights from King Charles' visit
Photos show some of the highlights as King Charles III and Queen Camilla with President Trump and first lady Melania Trump during an official state visit to Washington, D.C.
Exclusive
FEMA's disaster relief fund hits red zone ahead of hurricane season
FEMA's disaster relief fund has dropped below $3 billion, triggering Imminent Needs Funding, which means the agency must limit spending to only the most urgent, life-saving needs amid the partial government shutdown.
HealthWatch
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Beyond crisis lines: How broader suicide prevention helps people in need
A new approach to suicide prevention shifts the focus from stopping harm in moments of crisis to upstream policies that give people reasons to live.
Big companies position themselves for payday from $50B federal rural health fund
A $50 billion federal fund is supposed to modernize rural healthcare. But community clinics and advocates fear that the contractors administering the money for states will bite off a big chunk before it reaches patients.
A 13-year-old's kidney was failing. Then a stranger stepped in.
Tim Fitzpatrick, a father of a chronically ill child, saw the story of a boy in need of a new kidney and felt compelled to help.
Ben Sasse is on extended time. He credits "providence, prayer and a miracle drug."
The former U.S. senator from Nebraska opened up about his terminal diagnosis, his family and the state of American politics in a "Things That Matter" town hall.
Exclusive
Johnson & Johnson to launch on TrumpRx with 4 of its prescription drugs
Drug-making giant Johnson & Johnson will officially start marketing four of its medications on the Trump administration's TrumpRx website on Friday, CBS News exclusively learned.
World
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Robot exploring France's deepest shipwreck finds cannons, ceramics
An army survey of the seabed uncovered the 16th-century merchant ship by chance in waters off the coast of France.
From a brooch to the queen's iPod: A history of gifts between U.S. and U.K.
King Charles surprised President Trump with the bell from the HMS Trump, a World War II-era British submarine, during this week's visit.
Hegseth faces questions on overall Iran war strategy
The war with Iran is now in its ninth week, and Congress is concerned about the reduction of global munition stockpiles and the ability to restock them.
9 people arrested in massive raids on religious sect in U.K.
Nine people were arrested in raids on the U.K. headquarters of the AROPL religious sect, on suspicion of modern slavery, forced marriage and sexual offenses.
U.S. captures alleged drug kingpin with $10 million bounty on his head
Eugenio Molina-Lopez is accused of heading up a gang that allegedly trafficked U.S.-bound cocaine from South America to Mexican cartels.
Entertainment
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Entertainment
Wilmer Valderrama on his 200th "NCIS" episode
As "NCIS" nears the highly-anticipated finale of season 23, it will also be star Wilmer Valderama's 200th episode on the show. He reflects on his time on the series and reveals the season finale will have "a lot of danger," adding, "we're setting a crazy tone for next season."
Reshaping the conversation about aging
Constance Zimmer, who co-hosts the podcast "Talk 50 to Me," talks about reframing the conversation among women about aging. The podcast features interviews with women in their 50s, talking about the realities of midlife.
FCC orders review of ABC broadcast licenses
The FCC has ordered an early review of the broadcast licenses for eight local stations owned by ABC. The move comes after President Trump and first lady Melania Trump demanded ABC fire late-night host Jimmy Kimmel. Ed O'Keefe reports.
FCC reviewing ABC licenses amid Kimmel feud
The Federal Communications Commission says it wants the Walt Disney Company to file for early license renewal for its television stations. The announcement comes one day after President Trump and the first lady called on ABC to fire late-night host Jimmy Kimmel. CBS News legal contributor Rebecca Roiphe joins with analysis.
FCC reviewing Disney licenses over DEI practices
One day after President Trump called on ABC to fire late-night host Jimmy Kimmel, the FCC said it will begin reviewing eight broadcasting licenses owned or managed by Disney due to the company's diversity policies. CBS News senior White House and political correspondent Ed O'Keefe has the latest.
Technology
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Technology
Legal battle between Elon Musk and Sam Altman
Elon Musk took the stand Tuesday in a trial against fellow billionaire Sam Altman that could change the future of AI. Musk accused the OpenAI co-founder of lying and stealing, adding that he has "extreme concerns" about AI and who controls it.
College students' killings latest case to rely on ChatGPT as evidence
OpenAI boss Sam Altman recently apologized after a teen who went on to kill eight people was banned from ChatGPT for violent activities but police were never alerted.
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.
Elon Musk testifies in OpenAI trial
Opening statements began on Tuesday in Tesla CEO Elon Musk's lawsuit against OpenAI co-founder Sam Altman. Maxwell Zeff, senior writer at Wired, joins with more.
Jury selection begins in Musk-Altman legal battle
Jury selection began Monday in the legal battle between tech leaders Elon Musk and Sam Altman. CBS News senior business and technology correspondent Jo Ling Kent has the latest.
Science
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Trump administration fires board overseeing National Science Foundation
The Trump administration has fired all 22 current members of an independent board that oversees the National Science Foundation, one dismissed member says.
AI used to reveal face of victim fleeing Mount Vesuvius eruption
Archaeologists found the victim holding a terracotta mortar, which they interpret as an improvised attempt to shield his head.
In a first, endangered orangutan seen using canopy bridge to cross road
Rapid development has been shrinking the jungle habitat of the critically endangered species, and fatal conflicts with people have been increasing.
Saving the Venus fly trap
The carnivorous Venus fly trap is native to the Carolinas, but its population is dwindling due to loss of habitat. Correspondent Seth Doane talks with botanist Julie Moore, who has spent much of her life helping to save these remarkable plants; and with Damon Waitt, director of the North Carolina Botanical Garden, who discusses the unusual traits of a species that Charles Darwin called the most interesting plant in the world.
From 1990: NASA launches Hubble Telescope
On April 24, 1990, NASA launched the Hubble Space Telescope from the Space Shuttle Discovery after seven years of delays. Watch CBS News' coverage from that day.
Crime
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Crime
Sexual wellness company lobbies for pardons
San Francisco-based sexual wellness company OneTaste is lobbying for clemency through allies of President Trump for its former CEO and founder, Nicole Daedone, and former head of sales Rachel Cherwitz, who were both sentenced to more than five years in prison for forced labor conspiracy. CBS News' Shanelle Kaul has more.
9 people arrested in massive raids on religious sect in U.K.
Nine people were arrested in raids on the U.K. headquarters of the AROPL religious sect, on suspicion of modern slavery, forced marriage and sexual offenses.
Details on shot fired at D.C. dinner
A gunshot fired during the Secret Service encounter with Cole Allen at the White House Correspondents' Dinner on Saturday may have hit an officer's cellphone placed in a bulletproof vest pocket, two sources tell CBS News' Nicole Sganga.
2 stabbed in London Jewish neighborhood
A man is in custody after two people were stabbed at a Jewish neighborhood of North London, according to British authorities. CBS News' Ramy Inocencio reports.
Secret Service protocols at D.C. dinner
Robert McDonald, a retired supervisory agent at the U.S. Secret Service, joins CBS News with his take on the security protocols during the White House Correspondents' Dinner.
Space
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SpaceX launches Falcon Heavy rocket carrying powerful satellite
SpaceX's most powerful operational rocket boosted a high-speed ViaSat internet data relay satellite into space to complete a globe-spanning constellation.
Mars rover carries out chemistry experiment never done beyond Earth
"This experiment's never been run before on another world," said Amy Williams, an astrobiologist working on the Curiosity mission.
Blue Origin New Glenn rocket puts satellite payload into wrong orbit
The launching appeared to go off without a hitch, but a problem prevented the rocket's upper stage from putting its payload into the correct orbit.
Artemis II crew on historic moon mission and what it means for Earth
"We are carrying back everything we learned, not only about where we went but ourselves," mission specialist Christina Koch told "CBS Evening News" anchor Tony Dokoupil.
Artemis II astronauts still awed by moonshot experience: "It was otherworldly"
The four Artemis II astronauts struggled to describe the view and overall experience of flying around the moon's far side and witnessing a solar eclipse in deep space.
Latest Galleries
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Notable Deaths in 2026
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Evidence in the Barbara Kendhammer case
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
The life & near death of prizefighter Christy Salters-Martin
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Timeline: The disappearance of George Smith
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Who is Alix Tichelman?
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Latest CBS News Videos
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Latest CBS News Videos
Doctor uses side hustle to pay student loans
Dr. Brandon Axelrod, an oral and maxillofacial surgery resident in New York City, found a creative way to pay off his massive student loan debt. CBS News' Jarred Hill has more.
Students stop bus after driver passes out
Middle school students in Missouri jumped into action after their bus driver suffered a medical emergency while driving on a four-lane highway. Tom Hanson reports.
Supreme Court weighs Trump deportation effort
The Supreme Court heard arguments over the Trump administration's efforts to end deportation protections for Haitian and Syrian nationals in the U.S. CBS News' Camilo Montoya-Galvez has the latest.
King Charles highlights U.S.-U.K. unity
King Charles III addressed Congress on Tuesday as part of his state visit and highlighted the importance of U.S.-U.K. unity amid recent tensions over the Iran conflict. Dr. Nigel Fletcher, a political and constitutional historian, joins with more.
Breaking down DOJ's case against Comey
The Justice Department indicted former FBI Director James Comey for a second time on Tuesday. CBS News' Katrina Kaufman has more.