Employers added 29,000 jobs in September, missing economic forecasts
Unemployment ticked up to 4.2% in September, while employers pulled back on hiring amid economic headwinds.
Watch CBS News
Unemployment ticked up to 4.2% in September, while employers pulled back on hiring amid economic headwinds.
Hiring plans are up 3% so far this year, signaling the labor market remains resilient, experts say.
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.
AI has fueled a stock boom in recent years. Now, some Wall Street analysts think that epic run is coming to an end.
Strong hiring last month was driven by gains in education and in leisure and hospitality, with the nation's jobless rate remaining steady at 4.1%.
Americans think more young people in office would make politics better.
The CPI report was in line with economists' expectations, marking the second consecutive month with cooler price pressures.
A sudden slump in hiring has dramatically changed the outlook for the Federal Reserve's September interest rate decision.
The typical American's paycheck has grown faster since 2019 than in any stretch since the early 1980s. But prices climbed nearly as fast, swallowing about 80% of the wage increase.
Trillions of wealth passed down by the baby boomers will likely go to younger Americans who are already rich. Here's how much they'll get.
President Trump praised Walmart and said the lower prices are the result of "my Administration's request to celebrate our great Country's 250th birthday."
American workers' share of the nation's income is at its lowest point in almost 80 years, as more of the economy's gains flow to corporations and investors.
The iPhone was introduced in 2007, the same year the U.S. birth rate started to slide. The issues could be linked, a new analysis finds.
The Consumer Price Index rose last month at a 4.2% annual rate amid a spike in U.S. energy prices.
The S&P 500 hit a new record on Wednesday, even as soaring gas prices fuel inflation and consumer confidence sinks.
Shoppers continue to open their pocketbooks, boosting retailers like Walmart, even as inflation jumps to its highest level in three years.
Gas prices, inflation weigh on Americans. Many see lack of clarity on what's happening in Iran.
Economists say Americans should expect elevated prices at the pump and rising grocery costs in the months to come.
America's middle class is shrinking, but not because people are getting poorer. Instead, more households are climbing the ladder, new research suggests.
Many employees expect to retire later as mounting expenses strain budgets, while others hunker down at work as part of the "great stay."
Every 1-cent increase in gasoline prices reduces consumer spending by $1.5 billion annually, one economist says.
Many Americans feel like they live in a "hamster wheel economy," said one expert who studies economic security.
GDP grew at a sluggish 0.7% pace in the final months of 2025 as the government shutdown hurt economic activity.
President Trump touted his work during his first year back in office, saying, "inflation is plummeting, incomes are rising fast, the roaring economy is roaring like never before."
Hours before President Trump's State of the Union address, House Speaker Mike Johnson told CBS News the U.S. economy is on the right track — but inflation hasn't been "completely fixed yet."