The U.S. added 192,000 new jobs for the month March, finally regaining jobs lost in the Great Recession. Private sector jobs are now at a record high of 116 million. But could that be reason to celebrate? CBS News business analyst Jill Schlesinger explains what these numbers could mean for the job market.
Sales of existing homes fell 7 percent last month year from the same period a year ago. One reason may be because people between the ages of 25 and 33, critical first-time home buyers, can't afford the purchase due to other bills, including student loan debt. CBS News business analyst Jill Schlesinger explains.
Today is the 5th anniversary of the bull market on Wall Street. Since bottoming out on March 9th, 2009, the S&P 500 is up 175%. On average, a market correction occurs every 161 days, but it has now been over 600 days. Editor of barrons.com Jack Otter explains why a market correction hasn't happened yet.
Newsweek is standing by a report that the magazine tracked down the founder of Bitcoin. The new digital currency is highly volatile, having lost half its value over the past three months. It’s also attracting attention from the Treasury Department and the Securities and Exchange Commission. Ben Tracy reports.
General Motors is nearly doubling the number of vehicles it is recalling to fix ignition switches that can shut off engines and cause crashes. The recall now includes five additional models and totals nearly 1.4 million vehicles. The problem has been linked to 31 crashes and 13 deaths. Jeff Glor reports.