Jamie Dimon on Ukraine, China, homeownership and more
Jamie Dimon, the CEO of JPMorgan Chase, discusses the economic impact of Russia's war in Ukraine, China loosening its "zero COVID" policy, mortgage rates and more.
Mortgage Rates
An alarming number of 2022 homebuyers are already underwater
Hundreds of thousands of homeowners who bought properties this year owe more than their homes are worth.
Home sales could plunge in 2023. These cities may see the worst.
Buyers are getting squeezed by higher real estate prices and soaring mortgage rates, which could force more out of the market.
Home sales decline for ninth straight month
U.S. home sales fell 5.9% in October, and have fallen 28.4% since last year, according to new numbers from the National Association of Realtors. Mark Lehmann, chief executive officer for JMP Securities joined CBS News to discuss the volatile state of the housing market and what potential homebuyers should expect for the near future.
Home sales are slumping badly as affordability remains a hurdle
Housing prices have fallen 32% this year, although they remain higher than before the pandemic.
Stock market falls as midterm results come in
The stock market fell more than 600 points on Wednesday, erasing Tuesday's gains. Managing Director of Wedbush, Dan Ives, joins CBS News to discuss the markets' reaction, the recent fall in demand for mortgages, and tomorrow's Consumer Price Index report.
High mortgage rates dampen home sales
Rising mortgage rates are shrinking the number of people who can afford to get a home loan.
High mortgage rates drive down home sales
Home sales across the country over the last eight months are down as the Federal Reserve raises interest rates. Rising mortgage rates are shrinking the number of people who can get a loan and buy a home. Lilia Luciano takes a look.
Fed raises rates by three-quarters of a point
The Federal Reserve has taken the aggressive step of raising interest rates by another three-quarters of a percentage point. Jeff Taylor, board member at the Mortgage Bankers Association, and CBS News reporter Sarah Ewall-Wice join anchors Errol Barnett and Lana Zak to discuss what this means for the economy.
Mortgage rates blow past 7% for first time in two decades
Average home loan costs haven't been this high since the U.S. economy was reeling from the Sept. 11 attacks.
Mortgage rates on the rise
The average interest rate on the most popular U.S. home loan has reached its highest level in more than two decades. Danielle Hale, chief economist for realtor.com, discussed how concerned Americans should be, how housing prices are affected and the potential impact of the Federal Reserve's expected interest rate hike next week on the housing market.
Mortgage rates top 7%, hitting highest level since 2001
Surge in borrowing costs is pushing some buyers out of the market, while sellers face a quandary.
MoneyWatch: Home prices could drop in 2023
Economists predict U.S. home prices could fall by as much as 20% in 2023 as mortgage rates rise. CBS News MoneyWatch reporter Khristopher Brooks breaks down what's driving the expected shift.
Prospective homebuyers holding off
Rising mortgage rates are pressuring some prospective homebuyers to put the cash they've saved up for a down payment off to the side. CBS News' Elaine Quijano and Tony Dokoupil speak with James Faris, investment reporter at Insider, about what to do with that hard-earned money.
Soaring mortgage rates likely to keep climbing, analysts say
Some housing analysts expect interest rates for conventional home loans to hit double digits by early next year.
Surging mortgage rates cool U.S. housing market
Home prices rose 43% in two years, but now in cities that had those massive spikes, prices are being slashed. Danya Bacchus has more.
Mortgage rate soars to 6.7%, highest since 2007
According to Freddie Mac, the average 30-year mortgage rate in the U.S. has risen to 6.7%, the highest since 2007. Jessica Lautz, vice president of demographics and behavioral insights at the National Association of Realtors, joined CBS News to provide some advice for new homebuyers.
Housing market slows as mortgage rates rise
The U.S. housing market slowed in August for the seventh consecutive month this year. CBS News speaks with George Ratiu, the manager of economic research at realtor.com, about what's driving the downturn in home sales.
Mortgage rates at highest level since 2007 after latest Fed hike
Interest rate on a typical 30-year mortgage rate has jumped by more than a quarter-point this week to 6.29%.
Mortgage rates hit 5.89% — highest level since housing crash
Borrowing costs for a conventional home loan have more than doubled over the last year.
Bidding wars send rent prices soaring as home sales decline
"I'd never have expected that there'd be a bidding war for a 12-month lease."
Here's what you need to know about cash-out refinancing
Here's what you need to know if you want to tap into your home equity to get some extra cash.
Is it a better time to rent or buy a home?
The gap between what it costs to rent and own has widened this year amid rising mortgage rates.
Home prices in the U.S. climb to record $416,000
But sales of previously occupied homes have slowed sharply amid higher mortgage rates and rising prices.
Everything you need to know about mortgage interest rates
Understanding how your mortgage interest rate is calculated is a crucial step in securing a home loan.
Pope Francis has died at the age of 88, the Vatican says
Pope Francis made it his mission to change the perception of the Catholic Church around the world.
live updates
Pope Francis mourned worldwide as Catholic Church prepares for next chapter
Pope Francis died Monday at the age of 88. As tributes pour in from around the world, the Vatican faces a transition.
Looking back at Pope Francis' impact on the Catholic Church
A longtime Vatican correspondent shares his insights on the legacy of Pope Francis, a populist leader who sought to bring the Church closer to the people.
Hegseth shared details of Yemen strike in another Signal chat: sources
The messages were sent the same day Hegseth shared similar details in a separate Signal chat that inadvertently included The Atlantic's editor-in-chief.
Vance, Modi set to meet in India with Trump's tariffs taking center stage
Vice President JD Vance is in India on a four-day visit as New Delhi looks to avoid U.S. tariffs, negotiate a bilateral trade deal with Washington and strengthen ties with the Trump administration.
What scientists fear most about bird flu spread in the U.S.
Bird flu infections have been rare among people, but the pathogen is evolving, which has scientists worried about a possible pandemic.
Russia, Ukraine accuse each other of breaking Easter ceasefire
According to the Kremlin, the ceasefire will last from 6 p.m. Moscow time on Saturday to midnight following Easter Sunday.
Trump takes aim at Biden, "Radical Left Lunatics," courts in Easter message
Minutes after sharing a more traditional Easter message on Truth Social, President Trump posted a longer, grievance-filled message.
Officers who attended Jan. 6 rally ask SCOTUS to allow anonymity in records
Current and former Seattle Police officers who attended President Trump's Jan. 6 rally are seeking to keep their identities out of public records related to the insurrection.
U.S.
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Hegseth shared details of Yemen strike in another Signal chat: sources
The messages were sent the same day Hegseth shared similar details in a separate Signal chat that inadvertently included The Atlantic's editor-in-chief.
Salvadoran Catholic leader urges Bukele not to turn country into U.S. prison
El Salvador's top Catholic leader on Sunday urged President Nayib Bukele not to turn the country into a Guantanamo-style U.S. prison.
Full transcript of "Face the Nation with Margaret Brennan," April 20, 2025
On this "Face the Nation with Margaret Brennan" broadcast, Sen. Chris Van Hollen and EPA administrator Lee Zeldin join Weijia Jiang.
Officers who attended Jan. 6 rally ask SCOTUS to allow anonymity in records
Current and former Seattle Police officers who attended President Trump's Jan. 6 rally are seeking to keep their identities out of public records related to the insurrection.
Trump takes aim at Biden, "Radical Left Lunatics," courts in Easter message
Minutes after sharing a more traditional Easter message on Truth Social, President Trump posted a longer, grievance-filled message.
MoneyWatch
More MoneyWatch
Vance, Modi set to meet in India with Trump's tariffs taking center stage
Vice President JD Vance is in India on a four-day visit as New Delhi looks to avoid U.S. tariffs, negotiate a bilateral trade deal with Washington and strengthen ties with the Trump administration.
What's open and closed on Easter 2025?
Check out the list of the supermarkets, retailers, and fast food chains that are open on Easter and which are closed.
Trump is studying how to remove Fed Chair Powell, adviser says
Trump administration economist Kevin Hassett said Powell's removal is being studied by the president and his team.
Here's the magic number Americans say they need for retirement
Americans have big financial goals for what they think they'll need for a comfortable retirement, a new survey finds.
Ford says it could raise prices this summer if tariffs remain in effect
Ford's vehicle prices could rise this summer if 25% auto tariffs remain in place, the company said in a memo to dealers.
Politics
More Politics
Vance, Modi set to meet in India with Trump's tariffs taking center stage
Vice President JD Vance is in India on a four-day visit as New Delhi looks to avoid U.S. tariffs, negotiate a bilateral trade deal with Washington and strengthen ties with the Trump administration.
Hegseth shared details of Yemen strike in another Signal chat: sources
The messages were sent the same day Hegseth shared similar details in a separate Signal chat that inadvertently included The Atlantic's editor-in-chief.
Full transcript of "Face the Nation with Margaret Brennan," April 20, 2025
On this "Face the Nation with Margaret Brennan" broadcast, Sen. Chris Van Hollen and EPA administrator Lee Zeldin join Weijia Jiang.
Officers who attended Jan. 6 rally ask SCOTUS to allow anonymity in records
Current and former Seattle Police officers who attended President Trump's Jan. 6 rally are seeking to keep their identities out of public records related to the insurrection.
Trump takes aim at Biden, "Radical Left Lunatics," courts in Easter message
Minutes after sharing a more traditional Easter message on Truth Social, President Trump posted a longer, grievance-filled message.
HealthWatch
More HealthWatch
Her sore throat turned into a month-long ICU stay. Doctors were stumped.
Vanessa Abraham thought her symptoms were a bad flu — until she collapsed to the floor struggling to breathe.
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.
World
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live updates
Pope Francis mourned worldwide as Catholic Church prepares for next chapter
Pope Francis died Monday at the age of 88. As tributes pour in from around the world, the Vatican faces a transition.
Looking back at Pope Francis' impact on the Catholic Church
A longtime Vatican correspondent shares his insights on the legacy of Pope Francis, a populist leader who sought to bring the Church closer to the people.
Pope Francis has died at the age of 88, the Vatican says
Pope Francis made it his mission to change the perception of the Catholic Church around the world.
Salvadoran Catholic leader urges Bukele not to turn country into U.S. prison
El Salvador's top Catholic leader on Sunday urged President Nayib Bukele not to turn the country into a Guantanamo-style U.S. prison.
German police hunt for a suspect who fatally shot 2 Turkish men
German police in a spa town north of Frankfurt were expanding a manhunt for one or more suspects still on the loose after two Turkish men were fatally shot a day earlier.
Entertainment
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Entertainment
Extended interview: David Hyde Pierce
In this web exclusive, "Frasier" star David Hyde Pierce, now appearing on Broadway in "Pirates! The Penzance Musical," talks with correspondent Martha Teichner about playing physical comedy; tweaking Gilbert & Sullivan's "The Pirates of Penzance" for today's audience; his early television roles that led to the part of Dr. Niles Crane on "Frasier"; and his relationship with his husband, Brian.
David Hyde Pierce, the very model of a modern Major-General, in "Pirates! The Penzance Musical"
The "Frasier" star is back on the Broadway stage in a jazzy re-working of the Gilbert & Sullivan classic, transplanted to New Orleans.
David Hyde Pierce in "Pirates! The Penzance Musical"
"Frasier" star David Hyde Pierce is back on the Broadway stage in "Pirates! The Penzance Musical," a jazzy re-working of the Gilbert & Sullivan classic, transplanted to New Orleans. The former aspiring concert pianist talks with correspondent Martha Teichner about the thread that Gilbert & Sullivan has run throughout his life. He also talks about his comedy influences, and what it means to him to make people laugh.
Passage: In memoriam
"Sunday Morning" remembers some of the notable figures who left us this week, including veteran TV game show host Wink Martindale.
Amy Sherman-Palladino and Dan Palladino: Curtain up on "Étoile"
The Emmy-winning couple behind "Gilmore Girls" and "The Marvelous Mrs. Maisel" are now debuting "Étoile," a new comic-drama about two struggling ballet companies.
Technology
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Fake job seekers are flooding the market, thanks to AI
Companies say fake job seekers are using artificial intelligence to get remote jobs, often in an attempt to steal insider secrets.
Scientist on reviving extinct dire wolves
Biotech company Colossal Bioscience has made headlines for saying it brought the dire wolf species back from extinction. CBS News' Lindsey Reiser spoke with the company's chief science officer, Beth Shapiro, who broke down the science and motivations behind the project.
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.
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.
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
More Crime
Was an Oregon teen the mastermind behind her father's murder?
After Aaron Friar and his 15-year-old daughter Ellie vanished from their Medford, Oregon, home, investigators arrived to discover a horrific scene – and soon after, evidence of a murder plot is revealed.
FSU president reacts to the campus' mass shooting
Classes resume Monday at Florida State University, the scene of the nation's latest mass shooting. Two people were killed when a gunman opened fire near the student union on Thursday. Kati Weis spoke with the university's president on the tragedy.
Judge to allow "bushy eyebrows" testimony in Bryan Kohberger trial
Kohberger, 30, is charged with murder in the stabbing deaths of Ethan Chapin, Xana Kernodle, Madison Mogen and Kaylee Goncalves at a rental home in Idaho near campus.
Gunmen disguised as soldiers kill 12 spectators at cockfight
Footage of the shooting, circulated on social media, showed spectators flinging themselves to the ground and taking cover under their seats.
FSU shooting victim speaks out from hospital
Tallahassee police said there was no connection between the Florida State University shooting suspect, 20-year-old Phoenix Ikner, and the victims. CBS News' Kati Weis and Anna Schecter have more details.
Space
More Space
When and where to see the Lyrid meteor shower's peak
During the peak of the Lyrid meteor shower, 10 to 20 meteors could be seen per hour, NASA says.
NASA's most senior astronaut returns to Earth with 2 cosmonauts
Don Pettit, NASA's oldest active astronaut, marked his 70th birthday by landing on the steppe of Kazakhstan after 220 days in space.
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.
Latest Galleries
More Latest Galleries
"No Kings": Protesters across country march against Trump, Musk
Protests against the Trump administration took place across the U.S. Saturday. The demonstrations were held to mark the 250th anniversary of the start of the Revolutionary War.
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.
"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.
Husband pieces together wife's last movements to find out how she was killed
A look into a grieving husband Jan Cilliers' investigative work after his wife Christy Giles and her friend Hilda Marcela Cabrales died after a night out.
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.
Latest CBS News Videos
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Latest CBS News Videos
Remembering Pope Francis' U.S. trip
Pope Francis has died at age 88. In a Monday morning announcement, the Vatican praised the pope's legacy and his dedication to "fidelity, courage, and universal love, especially in favor of the poorest and most marginalized." Pope Francis visited North America in 2015 and addressed a Joint Session of Congress. CBS News New York looks back at his visit.
Pope Francis dies a day after Easter
Pope Francis, who worked to change the perception of the Catholic Church around the world, has died at age 88, the Vatican announced. His death comes a day after Easter and following a recent hospitalization for bronchitis that developed into pneumonia in both lungs. Jessi Mitchell anchored CBS News' special report.
Pope Francis dies at age 88
Pope Francis has died at the age of 88, the Vatican announced a day after Easter. Francis experienced a number of health issues in recent years. He was recently hospitalized for five weeks in February and March 2025 with bronchitis that developed into pneumonia in both lungs. He marked the 12th anniversary of his papacy from his hospital room in Rome. CBS News' Norah O'Donnell reports on Pope Francis' legacy.
Lawmakers face rising anger from constituents
With Congress on break, many lawmakers are seeing increased anger from their constituents, as townhalls have become contentious affairs. Mark Strassmann reports.
Tension over conservation efforts in California
The Channel Islands of California are teeming with life and rich biodiversity, but a loophole allowing the use of gill nets to trap ocean wildlife is rankling conservationists. Itay Hod reports.