US & World News

Oregon law puts a cap on massive rent increases

Portland, Ore. — After seven years of paying rent on time, Gloria Marin got a huge surprise last summer when her landlord jacked up her payment on her Portland apartment by 25 percent. "I was really shocked and I was…

Lady Gaga responds to Bradley Cooper romance rumors

Lady Gaga and Bradley Cooper's steamy Oscar performance of "Shallow" from their film "A Star is Born" got the world buzzing about the possibility of a real-life romance between the pair. The pop star set the record straight on "Jimmy…

Town trapped by flood waters after river overflows

Guerneville, Calif. — The body of a man who was swept away by a flood was found Thursday in northern California. Farther south, in Sonoma County, the Russian River flooded roads, leaving people trapped. Just after sunrise, people woke up…

Trump admin extends TPS protections for certain immigrants

Washington — Complying with a court injunction, the Department of Homeland Security (DHS) announced Thursday it was extending Temporary Protected Status (TPS) programs for immigrants from El Salvador, Haiti, Honduras and Sudan — which the Trump administration has sought to…

Gap and Old Navy splitting into separate companies

Gap Inc. is dividing itself into two separate, publicly traded companies -- Old Navy, and an unnamed new company comprising the Gap brand, Athleta, Banana Republic, Intermix and Hill City. Gap's shares were up more than 20 percent on the…

The best city to own a home for millennials

If you're a millennial looking to buy an affordable home in an urban area, listen up: You might want to check out Buffalo, New York, which turns out to be the best city for this generation, at least according to…

Last year's economy was hottest in three years

The U.S. economy slowed modestly in the last quarter of 2018 but still grew at the fastest rate in three years, the Commerce Department reported Thursday. GDP, or gross domestic product, is the broadest measure of all the goods and…

J.C. Penney warns store closings are coming

J.C. Penney said it is closing more stores after a weak holiday sales season after fourth-quarter income tumbled nearly 70 percent and revenue slid 8 percent. The retail company's results during the holiday sales season did beat Wall Street expectations,…

Family money now behind 1 in 5 home purchases

Baby boomers in America have a problem: They're paying too much for their grown-up children's new homes. One in five home purchases in the U.S. is made possible by a parent's financial support, according to a report out Wednesday from…

"Momo challenge" nearly deadly for family, mom says

Police have issued warnings to parents on social media after a popular WhatsApp challenge has resurfaced, sometimes infiltrating children's YouTube videos. Now a California mother says her family is the latest to fall victim to the "Momo challenge." Children who…

4 red flags about high-yield bank accounts

The old saying "If it sounds too good to be true, it probably is," still applies in today's online and mobile banking world. New high-yield accounts are being introduced on the internet and in the mobile world that offer around…

These popular tax deductions still worth claiming

Among the many changes the 2017 tax law enacted are new limits on previously deductible items. But filers who typically itemized deductions in the past can still take some popular items as deductions on their  2018 tax return. If they…

Week of remarkable weather extremes: Is this the new normal?

From record-shattering snow and relentless rain to astounding extreme events around the globe, it's been a week of unprecedented weather. Climate scientists say these extreme events are becoming more common in our warming world. The wicked weather along the West…

Beto O'Rourke says he's "made a decision" about future

Reporting by Ed O'Keefe and Jack Turman Texas Democrat Beto O'Rourke will not be running for Senate in 2020, multiple people familiar with his plans told CBS News. People not authorized to speak on the record passed along a statement…

Pakistani ambassador calls on U.S. to help defuse India standoff

Pakistan's envoy to Washington called for more "active involvement" from the United States to help defuse simmering tensions with India, claiming a lack of condemnation of India's airstrikes may have "emboldened" Indian Prime Minister Narendra Modi's government to escalate a…

Analysis: Trump might take short-term win at summit

Last Updated Feb 27, 2019 7:17 PM EST In their second meeting in eight months, President Trump and North Korean dictator Kim Jong Un exchanged warm smiles and handshakes in front of cameras at a luxury hotel in Hanoi early…

Methodist Church votes to ban gay clergy and same-sex marriage

Chicago — The United Methodist Church worldwide conference made a decision Tuesday that pleased traditionalists, but raised doubts about the church's modern motto: open hearts, open minds, open doors. On Tuesday, after three days of debate, church officials and lay…

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