Mortgage rates are nearing 7%. One house hunter says he's "despondent."
"It seems like we're trying to climb out of a hole somebody else is digging," said one frustrated house hunter as homeownership costs rise.
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MoneyWatch
Latest News
Increased ICE enforcement in 2025 hurt local employment, analysis finds
Employment fell last year in U.S. cities where ICE arrests surged, according to the Brookings Institution.
AI security experts say they used Claude to hack ChatGPT
Cybersecurity researchers said they were able to use Anthropic's Claude AI platfom to penetrate ChatGPT in "less than 72 hours."
Warren Buffett stepping aside as Berkshire Hathaway chairman
Warren Buffett is stepping aside as Berkshire Hathaway chairman, he announced in a letter to shareholders Friday.
What the Fed's rate hike reveals about Warsh, Trump and inflation
The Fed's first rate hike in more than three years underscores the challenge of taming inflation as the Iran war drags on.
195,000 heated blankets recalled after dozens of burn injuries
The manufacturer has received hundreds of reports of blankets "smoking, melting or burning" due to overheating, according to a recall notice.
No relief in sight for U.S. drivers as gas and diesel prices surge
The Iran war and Russia-Ukraine conflict are knocking out global refining capacity, pushing fuel prices higher, analysts said.
1 in 3 Americans with health insurance have medical debt, survey finds
Nearly half of Americans with medical debt owe at least $2,000, forcing them to make tough choices, new research shows.
Millionaires are everywhere in the U.S., new book says
Getting rich in the U.S. is still possible, but the most common path to wealth doesn't involve working for other people, according to a new book.
Managing Your Money
More
3 savings moves to make post-Fed rate hike
The Federal Reserve raised interest rates this week. Here are three savvy moves savers should make in response.
What happens if you pay less than the minimum on your credit card?
Paying something toward your credit card bill may seem better than doing nothing, but it comes with consequences.
How much will a $750,000 annuity pay each month in 2026?
A $750,000 annuity may provide you with a sizable retirement income, but the monthly payout can vary widely.
From Our Data Team
Tracking rising cost of cars, trucks, groceries ahead of Trump's tariffs
CBS News is tracking the rising cost of products most impacted by tariffs imposed and soon-to-be-imposed by President Trump, from grocery items to cars and trucks.
MoneyWatch price tracker shows how much food, utility, housing costs are rising
These charts track prices consumers pay for groceries and other goods now compared to five years ago.
Retirement
Here's the projected Social Security COLA for 2027, according to AARP
The official 2027 COLA will be announced on Oct. 14, but some senior citizens' groups are already forecasting the benefits bump retirees can expect.
Sturdy stock market mints a record number of 401(k) millionaires
The number of millionaire 401(k) accounts at Fidelity reached a record 769,000 in the second quarter.
The Social Security Administration overpaid her. Now she owes $35,000.
The agency told a woman that she has 30 days to pay it back. Otherwise, it would cut her benefits by 50% while it collects what it overpaid.
Work
How lower-paid workers are getting their biggest pay raise in years
Some workers are seeing stronger wage growth by switching jobs, while others are "job-hugging" because of AI, research shows.
Modest pay hikes next year could leave some workers lagging inflation
Employers are likely to offer limited salary increases in 2027 amid ongoing economic uncertainty, according to a survey of 1,000 businesses.
E&Y to award $100 million in bonuses for workers who show people skills
Management consulting firm EY said it will reward employees who demonstrate human skills, such as business acumen and judgment.
U.S.
More U.S.
Lawsuits filed over Nazi-looted art displayed in museums in Los Angeles, Auschwitz
Between 1933 and 1945, the Nazi regime orchestrated the largest art theft in world history, seizing over 600,000 works of art across Europe from Jewish families, collectors and museums.
Trump vows to form "AI Force," says he won't allow slowdown of AI development
In a Truth Social post, Mr. Trump called fears around artificial intelligence possibly becoming a superintelligence that could pose a threat to human existence a hoax.
Lawsuit says AI giants made illegal deal on technology's slowdown
The lawsuit argues the leading AI companies violated antitrust laws when they agreed to coordinate slowdown efforts.
CNN, MS NOW and Politico staffers barred from White House after Trump ban
President Trump said Friday that three outlets would be banned from the White House, "effective immediately."
Cuba power grid collapse leaves millions without electricity again
One Cuba resident said there is "no way to know" when power will be restored to the island nation.
MoneyWatch
More MoneyWatch
Nvidia CEO calls for AI to be developed "as fast as we can"
The CEO of the world's largest chipmaker told CBS News that tech companies should proceed with artificial intelligence development despite recent warnings from worried industry leaders that there may be a need to pull back.
Mortgage rates are nearing 7%. One house hunter says he's "despondent."
"It seems like we're trying to climb out of a hole somebody else is digging," said one frustrated house hunter as homeownership costs rise.
Increased ICE enforcement in 2025 hurt local employment, analysis finds
Employment fell last year in U.S. cities where ICE arrests surged, according to the Brookings Institution.
AI security experts say they used Claude to hack ChatGPT
Cybersecurity researchers said they were able to use Anthropic's Claude AI platfom to penetrate ChatGPT in "less than 72 hours."
195,000 heated blankets recalled after dozens of burn injuries
The manufacturer has received hundreds of reports of blankets "smoking, melting or burning" due to overheating, according to a recall notice.
Politics
More Politics
Trump vows to form "AI Force," says he won't allow slowdown of AI development
In a Truth Social post, Mr. Trump called fears around artificial intelligence possibly becoming a superintelligence that could pose a threat to human existence a hoax.
CNN, MS NOW and Politico staffers barred from White House after Trump ban
President Trump said Friday that three outlets would be banned from the White House, "effective immediately."
Denmark and Greenland leaders cautiously optimistic after U.S. security deal
President Trump announced he struck a deal to give the U.S. "permanent control over security, and all other needs, in Greenland, completely addressing ALL of our many U.S. concerns."
Cuba power grid collapse leaves millions without electricity again
One Cuba resident said there is "no way to know" when power will be restored to the island nation.
State Department approves $2.7 billion air defense sale to Ukraine
The proposed sale is subject to congressional review.
HealthWatch
More HealthWatch
Her postpartum symptoms wouldn't go away. A brain tumor was to blame.
Lisa Fasone's first pregnancy went smoothly. Then a rare health condition put her dreams of a second child on hold.
RFK Jr. tells anti-vaccine activists they have a "friend in the White House"
Health and Human Services Secretary Robert F. Kennedy Jr. spoke at a conference hosted by an organization he once led that has promoted doubts about vaccines.
Twins conjoined at the head are separated in 25-hour surgery
The twins were born in Ethiopia with a rare condition that left them joined at the head. Doctors spent a year planning a separation surgery.
Exclusive
Porsha Williams reveals health emergency: "It all happened so fast"
Porsha Williams revealed to "CBS Mornings" co-anchor Gayle King that she had to undergo an emergency partial hysterectomy this year after doctors discovered 21 uterine fibroids
Conjoined twins separated in Ethiopia
Two-year-old conjoined twin sisters saw each other face-to-face for the first time after a successful 24-hour surgery to separate them. Ian Lee reports from the children's hospital in St. Louis, where it happened.
World
More World
Lawsuits filed over Nazi-looted art displayed in museums in Los Angeles, Auschwitz
Between 1933 and 1945, the Nazi regime orchestrated the largest art theft in world history, seizing over 600,000 works of art across Europe from Jewish families, collectors and museums.
Denmark and Greenland leaders cautiously optimistic after U.S. security deal
President Trump announced he struck a deal to give the U.S. "permanent control over security, and all other needs, in Greenland, completely addressing ALL of our many U.S. concerns."
Cuba power grid collapse leaves millions without electricity again
One Cuba resident said there is "no way to know" when power will be restored to the island nation.
State Department approves $2.7 billion air defense sale to Ukraine
The proposed sale is subject to congressional review.
Trump says he's struck deal for "permanent control over security" in Greenland
President Trump said he struck a deal to give the U.S. "permanent control over security" in Greenland following a push by the president to boost U.S. influence over the island — or take it over.
Entertainment
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Entertainment
From 2013: Cher on Bob Mackie, clothes and fashion statements
In this web exclusive recorded in 2013, Cher talked with correspondent Anthony Mason about her relationship with clothes, and her decades-long work with costume designer Bob Mackie, who dressed her for "The Sonny & Cher Show," TV specials, and stage productions. [Mackie died on Sept. 14, 2026 at age 87.]
Book excerpt: "Roll the Calls" by Ari Emanuel
In his memoir, the Hollywood superagent and mogul writes of coming to blows in the competitive entertainment universe – and, in one instance, being sidelined by the business end of a truck.
9/19: Saturday Morning
President Trump bans some journalists from the White House, how Apple broke into retail, plus Tex-Mex barbecue on The Dish.
Juanes' touching ode to his mother
Latin superstar Juan Esteban, known as Juanes, has won 29 Grammys and sold out venues across the world. He joined Lilia Luciano to discuss his career, new work and giving back to his home country of Colombia in a time of great need.
This Miss USA is a married mom
Justus Kelley made history after she became the first married woman and the first mom to earn the Miss USA sash and crown. Kelley shares her experience with the iconic pageant and speaks about her philanthropic work.
Technology
More Technology
Trump vows to form "AI Force," says he won't allow slowdown of AI development
In a Truth Social post, Mr. Trump called fears around artificial intelligence possibly becoming a superintelligence that could pose a threat to human existence a hoax.
Inside digital closet organizer Starmoire
"What Not to Wear" stylist Stacy London and co-founder Ruth Foxe Blader share all about their new digital closet organizing service, Starmoire.
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.
How Apple's risky retail venture succeeded
Ron Johnson, Apple's former senior vice president of retail, explains how the tech company welcomed physical shoppers in his book, "Shop Different: How Retail Revealed Apple's Genius."
AI experts call for independent safety auditors
More than 100 artificial intelligence experts have signed a public letter to express the need for independent AI safety evaluators. Princeton computer science professor Arvind Narayanan, who signed the letter, joins CBS News to discuss.
Science
More Science
Science
Neuroscientists grow human brain tissue in mice
Neuroscientists at Stanford University successfully grew human brain tissue inside mice in the hopes of further enabling the development of treatments for brain disorders. Stanford Medicine professor of psychiatry and behavioral sciences Dr. Sergiu Pasca, who led the study, joins CBS News to break down the findings.
New species of wild cat discovered for first time in more than a century
Scientists have discovered a new species of wild cat for the first time in more than a century, a Bolivian researcher says.
Humpback whale seen grieving dead calf in rare footage
The footage shows a female humpback whale staying close to the dead calf as it lies motionless on the seafloor, touching it with its head and fin.
Remains of ancient warhorse given honorific burial discovered in Egypt
Archaeologists say they've discovered the remains of a likely ancient Egyptian warhorse given an honorific burial more than 3,000 years ago.
Anthropic CEO says "exponential" growth of AI is a "warning sign"
Artificial intelligence technology is developing at an "exponential" rate, Anthropic CEO Dario Amodei told CBS News, calling the situation a "warning sign" for the industry that requires serious safeguards.
Crime
More Crime
Crime
Patrick Clancy on life after trauma
In an exclusive interview airing Sunday on 60 Minutes, Patrick Clancy shares his side of the story, just weeks after his ex-wife Lindsay Clancy's murder trial ended without a verdict. Ross Douthat sat down with Patrick Clancy to discuss life after trauma and what lies ahead.
Patrick Clancy: "I think I did the best I could"
Asked whether he feels like he failed in some way, Patrick Clancy told 60 Minutes he believes he did the best he could with the information he had at the time. Watch more of the interview on 60 Minutes on Sunday.
Holdout juror in Clancy case speaks
The holdout juror in Lindsay Clancy's triple murder case has released a statement. Shanelle Kaul reports.
Police capture suspected serial killer disguised as woman, carrying baby
Brazilian police said they will reopen dozens of cases linked to a self-confessed serial killer who was arrested as he attempted to escape dressed as a woman and carrying a baby.
Grandmother sues Fargo, ND, over facial tech
A Tennessee grandmother is suing the city of Fargo, North Dakota, after facial recognition software linked her to a crime she didn't commit, which led to a nearly six-month stay in jail. CBS News' Nicole Valdes has more.
Space
More Space
NASA spacecraft discovers moon crater bigger than Roman Colosseum
Scientists have discovered a crater on the moon that's bigger than the Roman Colosseum, the result of a powerful impact two years ago.
NASA launches its Roman Space Telescope to explore the hidden universe
NASA's Roman Space Telescope launched shortly after daybreak from Kennedy Space Center and blazed toward an observation point 1 million miles away.
Roman Space Telescope promises 300-megapixel views of the cosmos
The $4.3 billion telescope is expected to discover tens of thousands of exoplanets while probing the nature of mysterious dark matter and energy.
First on CBS
Trump to honor Artemis II crew with nation's top space medal
President Trump plans to award the Congressional Space Medal of Honor to the crew of NASA's Artemis II mission in a ceremony Aug. 28.
NASA's Swift telescope will plunge toward Earth after rescue mission called off
The mission to save NASA's sinking space telescope has been called off, dooming the telescope to a fiery reentry later this year.
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.
Dolly Parton: An extraordinary life in pictures
Dolly Parton, the country music legend who became a feminist icon, has died at the age of 80. Here is a look back at her life in pictures.
Investigating the death of designer Sylvie Cachay
Sylvie Cachay was found dead in an overflowing bathtub at the exclusive Soho House in New York City on Dec. 9, 2010. A water leak at the hotel gave away a timeline that may have revealed her killer.
Summer music highlights of 2026
Summer is the time to enjoy live music, indoors and out. Scroll through our gallery of some of 2026's leading musical acts, featuring images by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
Photos show celebrations at Obama Presidential Center
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
Latest CBS News Videos
More Latest CBS News Videos
Latest CBS News Videos
From 2013: Cher on Bob Mackie, clothes and fashion statements
In this web exclusive recorded in 2013, Cher talked with correspondent Anthony Mason about her relationship with clothes, and her decades-long work with costume designer Bob Mackie, who dressed her for "The Sonny & Cher Show," TV specials, and stage productions. [Mackie died on Sept. 14, 2026 at age 87.]
9/19: Saturday Morning
President Trump bans some journalists from the White House, how Apple broke into retail, plus Tex-Mex barbecue on The Dish.
The Dish: Hurtado BBQ
Chef and pitmaster Brandon Hurtado blends Texas tastes with Mexican American barbecue traditions at Hurtado BBQ.
Inside digital closet organizer Starmoire
"What Not to Wear" stylist Stacy London and co-founder Ruth Foxe Blader share all about their new digital closet organizing service, Starmoire.
Juanes' touching ode to his mother
Latin superstar Juan Esteban, known as Juanes, has won 29 Grammys and sold out venues across the world. He joined Lilia Luciano to discuss his career, new work and giving back to his home country of Colombia in a time of great need.