Layoffs this year are at their highest level since 2020, report finds
Employers have announced nearly 950,000 job cuts through September, the great number of layoffs through September since 2020, an analysis finds.
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Employers have announced nearly 950,000 job cuts through September, the great number of layoffs through September since 2020, an analysis finds.
Uncertainty over U.S. tariffs and other Trump administration economic policies are deterring manufacturers from hiring, according to the Center for American Progress.
Monthly report shows private employers shed 32,000 jobs last month, another sign the labor market is facing new challenges.
Overall grocery prices in August 2025 rose 2.7% compared to one year ago, according to the U.S. Bureau of Labor Statistics Consumer Price Index.
The Federal Reserve is cutting its benchmark interest rate as the U.S. economy faces headwinds, including a faltering labor market.
The downward revision from the Bureau of Labor Statistics shows the job market was slowing in 2024 and early 2025.
Americans' confidence in finding a new job fell to the lowest measure on record, new government survey shows.
The latest employment data could inform the Federal Reserve's next rate decision meeting, set for Sept. 17.
Most Americans say prices are going up and expect them to keep going up.
The number of immigrant workers has declined from January through the end of July, preliminary Census data shows.
A 2025 analysis from Edmunds reveals that nearly 20% of new car buyers are committing to monthly payments of $1,000 or more.
Federal Reserve Chair Jerome Powell cited risks to the labor market in opening the door to cutting interest rates. Here's what job-seekers should know.
Federal Reserve Chair Jerome Powell has been under pressure from President Trump to lower the central bank's benchmark interest rate.
Families are shopping early for school supplies and scouting for discounts amid concerns about the potential impact of tariffs.
Incomes are still trailing inflation four years after the pandemic-era surge in prices, causing a financial pinch for many households.
Canadian regulators once again ordered union leaders to end Air Canada's work stoppage on Monday, while employees remain defiant.
President Trump has extended a temporary truce in the U.S.-China trade war, preventing tariffs on China from leaping to at least 80%.
Michigan's governor met privately with President Trump to urge him to change course on tariffs that are having a big impact on automakers in her state.
The U.S. officially began levying higher tariffs on dozens of countries, just as the economic fallout of President Trump's months-long tariffs threats was beginning to create visible damage to the U.S. economy.
The advent of AI in the workplace is one factor behind a spike in layoffs this year, new labor data shows.
Prices could tick higher in 2025 as businesses pass tariff costs on to consumers, Cleveland Fed's Beth Hammack tells CBS News.
President Trump said he ordered his administration to fire Bureau of Labor Statistics Commissioner Erika McEntarfer after the July jobs report.
The Trump administration said new tariff rates on most U.S. trading partners will go into effect on Aug. 7. Experts believe the fees will also be felt at home. John Lawrence explains.
Hiring across the U.S. was weaker than expected in July, a sign the labor market is shifting into lower gear.
The country's GDP increased at an annual rate of 3%, a sharp turnaround from earlier this year when it fell 0.5%.
Police are investigating a fatal pedestrian-vehicle crash Tuesday night in Taylor.
The House is set to vote Wednesday on the SAVE America Act, which would implement strict new requirements for registering to vote and casting ballots.
The owner of the Ambassador Bridge met with U.S. Secretary of Commerce Howard Lutnick hours before President Trump threatened to block the opening of the Gordie Howe International Bridge, the New York Times reported.
The Federal Aviation Administration has halted all flights into and out of El Paso until very late on Feb. 20 for what it calls "special security reasons."
Two days after the confetti fell on Levi's Stadium in Santa Clara, California, one Detroit native is still processing the weekend of a lifetime.
Michigan Governor Gretchen Whitmer and Ontario Premier Doug Ford say they expect the bridge to still open on time.
The owner of the Ambassador Bridge met with U.S. Secretary of Commerce Howard Lutnick hours before President Trump threatened to block the opening of the Gordie Howe International Bridge, the New York Times reported.
Police are investigating a fatal pedestrian-vehicle crash Tuesday night in Taylor.
Residents and business owners in St. Clair Shores, Michigan, near 11 Mile Road and Little Mack, experienced a rare weather phenomenon on Tuesday
The House is set to vote Wednesday on the SAVE America Act, which would implement strict new requirements for registering to vote and casting ballots.
Union Vice President Laura Dickerson confirmed that the worker, TJ Sabula, "has no discipline on his record."
Some General Motors employees are taken aback by this year's profit-sharing checks, with it being $4,000 less than the previous one.
While many assume a "harsh" winter, or this bone-chilling, sustained cold, is the enemy of asphalt, the real culprit is temperature fluctuation.
In Metro Detroit, drivers are paying about $2.90 per gallon, which is 2 cents less than last week and 29 cents less than at the same time last year.
The winter storm that brought snow to Southeast Michigan on Sunday didn't stop car enthusiasts from leaving their homes for the final day of the 2026 Detroit Auto Show.
For the first time, a major U.S. automaker is putting a team up against the European giants of Formula One. Can Cadillac be a contender?
The 31-year-old Puerto Rican artist Bad Bunny took the stage on Sunday dressed in all white, donning a jersey with his last name, Ocasio, and the number 64.
Brad Arnold, the founder and lead singer of the 3 Doors Down has died following "his courageous battle with cancer," the rock band announced Saturday on social media.
Bad Bunny took the stage at halftime for the 2026 Super Bowl. Here's who else performed at Super Bowl 60.
Lead singer and frontman Dee Snider said he suffers from degenerative arthritis and has had several surgeries over the years.
The House is set to vote Wednesday on the SAVE America Act, which would implement strict new requirements for registering to vote and casting ballots.
The owner of the Ambassador Bridge met with U.S. Secretary of Commerce Howard Lutnick hours before President Trump threatened to block the opening of the Gordie Howe International Bridge, the New York Times reported.
The Federal Aviation Administration has halted all flights into and out of El Paso until very late on Feb. 20 for what it calls "special security reasons."
Michigan Governor Gretchen Whitmer and Ontario Premier Doug Ford say they expect the bridge to still open on time.
FBI Director Kash Patel posted videos of a person outside the home of Nancy Guthrie, the mother of Savannah Guthrie, on the morning of her disappearance.
Officials announced eligibility for mothers and babies in the city of Detroit.
Two Metro Detroit representatives are among those sponsoring a bill that calls for a 32% tax on any wireless device purchased for someone age 17 and younger.
The Oakland Community Health Network will now be taking over that responsibility amidst a financial dispute between the two organizations.
Legionella testing at Oakland County government facilities has detected the bacteria in the water systems of two additional buildings.
When the temperatures plummet, and the snow starts piling up, most of us have the same instinct: retreat indoors, crank up the heat, and get cozy.
Two days after the confetti fell on Levi's Stadium in Santa Clara, California, one Detroit native is still processing the weekend of a lifetime.
The GameAbove Sports Bowl, which is hosted annually by Ford Field, will be canceled ahead of the 2026 season, the venue announced on Tuesday.
The Detroit Tigers announced Tuesday that they signed Justin Verlander, a 42-year-old free agent, to a one-year, $13 million deal.
A fight broke out between the Detroit Pistons and Charlotte Hornets in the third quarter of Monday night's game, and four players were ejected.
Cade Cunningham had 33 points and nine rebounds, and the Detroit Pistons hung on to beat Charlotte 110-104 on Monday night, snapping the Hornets' nine-game winning streak in a wild game that included a fight and four player ejections.
The roundtable discusses the impact of the high-profile game for advertisers, including Detroit-based Rocket and Redfin.
Could a new entertainment tax and a new sales tax be ahead for the Motor City?
As the 2026 Detroit Auto Show wraps up Sunday, the roundtable discusses the signature event and standout moments from the past two weeks.
Penske and Reuss address a wide range of critical issues for Detroit, Michigan and the nation.
Huntington Place CEO Bryan Crowe and his team have been preparing to welcome hundreds of thousands of visitors to the Detroit Auto Show this week.
Lake Erie was nearly frozen over - then a 100-mile crack developed in the ice. Here's a look at what residents and authorities in the Cleveland, Ohio, area are noticing.
The U.S. Department of Justice has allowed more names and details to be found in the Jeffrey Epstein files.
A frost quake resulted in property damage in St. Clair Shores. The search continues for a missing Wyandotte man. Other top stories and weather.
The investigation into the whereabouts of Nancy Guthrie in Arizona led to one person being detained in connection with the case - but he has since been released. CBS News has this report
Authorities say at least nine people are dead, with 25 others injured, after a shooting in the Canadian province of British Columbia.