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.
Inflation has eased since peaking in 2022, but remains above the Fed's 2% annual target
A new survey shows inflation could have been about a third lower this year without president trump's historically high tariffs.
The Republicans' "big, beautiful" spending and tax law will result in cuts to food stamp benefits for many Americans, experts say.
The Federal Reserve on Wednesday lowered its benchmark interest rate by 0.25 percentage points.
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 Consumer Price Index likely inched higher in August, reflecting higher costs for food and other items, economists say.
Americans' confidence in finding a new job fell to the lowest measure on record, new government survey shows.
CBS News Miami's Lisa Petrillo looks at service charges at some South Florida restaurants and what you can do.
The number of immigrant workers has declined from January through the end of July, preliminary Census data shows.
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.
For months, economists warned that the Trump administration's sweeping tariffs would sharply boost consumer prices. Here's why it hasn't happened.
Financial therapy, a growing field that explores the emotional side of money, is helping families change long-standing financial habits and improve communication.
A growing number of Americans are turning to certified financial therapists to confront stress, improve communication, and change long-held emotional patterns around money.
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%.
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.
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.
U.S. Trade Representative Jamieson Greer defended President Trump's decision to fire a key official responsible for jobs reports in a CBS News interview.
