Report: Unemployment rose to 4.4% in February
A weaker-than-expected February jobs report is raising new concerns about the economy. CBS News MoneyWatch correspondent Kelly O'Grady has the latest.
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A weaker-than-expected February jobs report is raising new concerns about the economy. CBS News MoneyWatch correspondent Kelly O'Grady has the latest.
Economists had forecast a gain of 60,000 jobs last month. The unexpected drop was due to job losses in health care and the federal government.
Surprise burst in hiring across the U.S. last month shows the labor market remains on solid ground.
Employers cut more than 108,000 jobs in January, the highest total for that month since 2009, new data shows.
The monthly job gains were slightly below the 55,000 forecast by economists, according to a poll by FactSet.
Economists had expected CPI to rise at an annual rate of 3% last month.
The unemployment rate in November rose to 4.6%, its highest level since September 2021.
The September jobs report, which was delayed due to the government shutdown, comes amid a slowdown in hiring across the U.S.
The agency's Bureau of Labor Statistics would suspend operations if the U.S. government shuts down this week, potentially delaying key economic reports.
Internal review, which will focus on how BLS collects and reports economic data, follows claims by President Trump that the statistics bureau is politicized.
The Bureau of Labor Statistics released new data revealing the U.S. economy added 911,000 fewer jobs than originally reported from April of last year to March of this year. CBS News MoneyWatch correspondent Kelly O'Grady explains what to know.
The Bureau of Labor Statistics released updated hiring numbers from April 2024 through March of 2025, showing employers added 911,000 fewer jobs that initially recorded over those months. Kelly O'Grady explains.
The U.S. labor market added 911,000 fewer jobs in the past year than earlier reported, the Bureau of Labor Statistics announced on Tuesday. CBS News MoneyWatch correspondent Kelly O'Grady has the details. Then, Douglas Holtz-Eakin, former chief economic adviser for the George W. Bush administration and former director of the Congressional Budget Office, joins with analysis.
Economists expect the Bureau of Labor Statistics to revise its jobs data downward for the year ended in March 2025. Here's why.
After President Trump expressed "shock" over the pace of hiring in July, much is riding on the employment data for August.
Workers are seeing far smaller pay increases from switching employers than during the pandemic, Bank of America Institute data shows.
The inflation rate was cooler than expected, with July's CPI rising 2.7% on an annual basis.
President Trump has announced E.J. Antoni, the Heritage Foundation's chief economist, as his pick to run the U.S. Bureau of Labor Statistics after the previous chief was fired amid a weaker-than-expected jobs report. Antoni on Monday criticized the monthly jobs report as flawed and suggested it be replaced with "more accurate, though less timely, quarterly data." James Bennet, D.C. bureau chief for The Economist, joins "The Takeout" with analysis.
E.J. Antoni, an economist nominated by President Trump to lead the Bureau of Labor Statistics, said the jobs report is flawed.
President Trump announced E.J. Antoni as his nominee to lead the Bureau of Labor Statistics on Monday, after he fired the former commissioner and blamed her for a weaker-than-expected jobs report.
President Trump said he ordered his administration to fire Bureau of Labor Statistics Commissioner Erika McEntarfer after the July jobs report.
Iran's regime calls on youth to form human shields around power plants as Trump's deadline nears and he warns "a whole civilization will die tonight."
The Artemis II crew flew farther from Earth than any humans in history as they passed over the far side of the moon on Monday night.
A CBS News investigation found one Los Angeles County hospice physician's name, Dr. Rajiv Bhuva, on Medicare claims for nearly 2,800 patients across 126 hospices in a single year.
President Trump posted on social media that "a whole civilization will die tonight," adding "but I don't want that to happen, but it probably will."
A shootout with Turkish police outside the Israeli Consulate in Istanbul left one gunman dead and two others wounded, the local governor says.
Voters in Georgia's 14th Congressional District will choose between Republican Clay Fuller and Democrat Shawn Harris.
President Trump praised the crew of NASA's Artemis II mission in a brief chat late Monday, saying they had "inspired the entire world" after they looped around the moon in a record-breaking voyage.
"This is a potentially huge market event like no other. It's a known unknown with a clock," one investment adviser said.
Two more drug-making giants, Abbvie and Genentech, will start selling popular medications on the White House's discounted pharmaceutical site as soon as Monday.
A CBS News investigation found one Los Angeles County hospice physician's name, Dr. Rajiv Bhuva, on Medicare claims for nearly 2,800 patients across 126 hospices in a single year.
A family of three was found alive by the U.S. Coast Guard, seven days after they went missing on a small boat in the western Pacific Ocean.
"This is a potentially huge market event like no other. It's a known unknown with a clock," one investment adviser said.
Federal regulators said the windshield wipers could fail, reducing the driver's visibility and increasing the risk of a crash.
Staff Sgt. Matthew Blank said he brought his wife, Annie Ramos, 22, to his base so that she could begin the process to receive military benefits and take steps toward a green card.
"This is a potentially huge market event like no other. It's a known unknown with a clock," one investment adviser said.
Federal regulators said the windshield wipers could fail, reducing the driver's visibility and increasing the risk of a crash.
American hedge fund Pershing Square announced it's offered to buy Universal Music Group in a merger, saying it believed the world's biggest music label was undervalued by stock markets.
Two more drug-making giants, Abbvie and Genentech, will start selling popular medications on the White House's discounted pharmaceutical site as soon as Monday.
America's middle class is shrinking, but not because people are getting poorer. Instead, more households are climbing the ladder, new research suggests.
President Trump posted on social media that "a whole civilization will die tonight," adding "but I don't want that to happen, but it probably will."
Voters in Georgia's 14th Congressional District will choose between Republican Clay Fuller and Democrat Shawn Harris.
President Trump praised the crew of NASA's Artemis II mission in a brief chat late Monday, saying they had "inspired the entire world" after they looped around the moon in a record-breaking voyage.
Two more drug-making giants, Abbvie and Genentech, will start selling popular medications on the White House's discounted pharmaceutical site as soon as Monday.
While Epstein was on work release from a Florida jail nearly 20 years ago, he had sex in a vehicle in the prison parking lot, according to a FBI interview.
Two more drug-making giants, Abbvie and Genentech, will start selling popular medications on the White House's discounted pharmaceutical site as soon as Monday.
Behind some of the viral physiques lies a troubling trend: the use of a powerful drug never approved for humans.
Every few months for the past three years, Jeff Vierstra has been receiving infusions in his spine that target and disable a mutated gene that made it likely he would develop ALS.
"CBS Saturday Morning" looks at an experimental treatment for amyotrophic lateral sclerosis, or Lou Gehrig's disease, that is bringing hope to some patients suffering from the neurodegenerative disease. To inquire about possible participation in Silence ALS, an initiative to develop individualized gene-based therapies for patients with other rare genetic forms of ALS, please write to silenceals@cumc.columbia.edu.
John Cantrell was enjoying his retirement until an unexpected condition forced him to choose between two kinds of heart surgery.
A family of three was found alive by the U.S. Coast Guard, seven days after they went missing on a small boat in the western Pacific Ocean.
President Trump posted on social media that "a whole civilization will die tonight," adding "but I don't want that to happen, but it probably will."
Iran's regime calls on youth to form human shields around power plants as Trump's deadline nears and he warns "a whole civilization will die tonight."
Ben Roberts-Smith was awarded the Victoria Cross in 2011, a medal reserved for only the most courageous wartime exploits.
A shootout with Turkish police outside the Israeli Consulate in Istanbul left one gunman dead and two others wounded, the local governor says.
The movie "Hoosiers" was released nearly 40 years ago, but its legacy lives on through a group of Indiana referees and a basketball icon in the state. Omar Villafranca reports.
(Spoilers ahead): The new film "The Drama," which stars Zendaya and Robert Pattinson, is stirring controversy and even some criticism over a shocking admission made by Zendaya's character. Nigel Smith, a senior news editor with People, breaks down the big reveal and if he thinks the backlash is warranted.
American hedge fund Pershing Square announced it's offered to buy Universal Music Group in a merger, saying it believed the world's biggest music label was undervalued by stock markets.
Mindy Kaling speaks with Jamie Yuccas about her new venture with Amazon Publishing called Mindy's Book Studio, where she chooses books by female authors to be published and receives first rights on future screenplays.
"Beverly Hills, 90210" actress Tori Spelling was involved in a two-car crash in Temecula on Thursday night, according to her manager and Riverside County Sheriff's Office officials.
Trump administration changes to the U.S. H-1B visa program have impacted the global talent coming to the U.S. CBS News' Shanelle Kaul reports from India.
According to numbers from U.S. Citizenship and Immigration Services, more than 70% of H-1B visa holders in 2024 were Indian.
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
"CBS Mornings" sits down with Tristan Harris, co-founder and president of the Center for Humane Technology, who is featured in the 2026 documentary, "The AI Doc: Or How I Became an Apocaloptimist."
CBS News contributor Patrick McGee joins "The Daily Report" to discuss the codependent relationship between Apple and China, a country that manufactures hundreds of millions of iPhones every year.
On Monday, the astronauts aboard the Artemis II spacecraft will loop around the Moon's far side, part of a mission pushing human beings farther from Earth than anyone has ever been. Correspondent Mark Strassmann talked with commander Reid Wiseman, pilot Victor Glover, and mission specialists Christina Koch and Jeremy Hansen as the crew was about 180,000 miles from home, preparing for their historic lunar flyby.
NASA's Artemis II astronauts will spend about 24 hours orbiting the Earth and running checks on their spacecraft and life support systems before heading to the moon.
Four astronauts are traveling around the moon on Artemis II, going further from Earth than anyone before. CBS News' Mark Strassmann and Peter King have more.
Former NASA astronaut Clayton Anderson joins CBS News to discuss what the Artemis II astronauts will do as they orbit the Earth after takeoff.
Members of the Artemis II crew will be the first people to sleep inside the Orion spacecraft. CBS News' Kris Van Cleave has more on how they'll do that.
CBS News' Adam Yamaguchi is seeking answers from a hospice doctor who submitted claims for more than 20 times the number of patients that the average California doctor cares for in a year.
Local officials confirmed a shooting near the Israeli Consulate in Istanbul, Turkey. CBS News' Ramy Inocencio reports.
CBS News is investigating red flags and possible fraud in the hospice industry. A hospice doctor submitted claims for more than 20 times the number of patients the average California doctor cares for in a year. Adam Yamaguchi reports.
Ben Roberts-Smith was awarded the Victoria Cross in 2011, a medal reserved for only the most courageous wartime exploits.
Atlanta-born rapper Offset is hospitalized after a shooting at the Seminole Hard Rock Hotel & Casino in Hollywood, Florida, just outside Miami, police and his representative say.
The Artemis II crew flew farther from Earth than any humans in history as they passed over the far side of the moon on Monday night.
The NASA astronauts also sent down Easter messages Sunday while gearing up for a historic pass behind the moon Monday.
The crew of NASA's Artemis II mission captured a new image of the far side of the moon, which the agency released Sunday.
Amid ongoing toilet trouble, the Artemis II astronauts reflected on the wonder of sailing through deep space to the moon.
The Artemis II astronauts continued their long coast to the moon, capturing stunning photos along the way.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
The movie "Hoosiers" was released nearly 40 years ago, but its legacy lives on through a group of Indiana referees and a basketball icon in the state. Omar Villafranca reports.
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(Spoilers ahead): The new film "The Drama," which stars Zendaya and Robert Pattinson, is stirring controversy and even some criticism over a shocking admission made by Zendaya's character. Nigel Smith, a senior news editor with People, breaks down the big reveal and if he thinks the backlash is warranted.
CBS News' Adam Yamaguchi is seeking answers from a hospice doctor who submitted claims for more than 20 times the number of patients that the average California doctor cares for in a year.
A CBS News Investigation into hospices found an industry ripe for fraud, especially in California. A Los Angeles County hospice physician's name, Dr. Rajiv Bhuva, was tied to nearly 2,800 Medicare patients' claims across 126 California hospices in 2024, according to data we analyzed.