Jobless claims at 8-month high as layoffs edge higher
Although the labor market is slowing, businesses around the U.S. still have millions of job openings. .
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Although the labor market is slowing, businesses around the U.S. still have millions of job openings. .
Kyiv said 17 other vessels were "loaded and waiting permission to leave" Ukraine but there was no word on when they could depart.
Economic uncertainty isn't going away anytime soon. Here are steps you can take to be prepared if recession hits.
U.S. drone strike kills top al Qaeda leader; Beyoncé swaps out controversial song lyric on her new album
China's National People's Congress charted the country's future during its annual meeting Saturday. Amy Celico of Albright Stonebridge Group joined CBS News' Lana Zak to discuss the meeting, as well as how Russia's invasion of Ukraine is impacting China.
As diesel prices sit near all-time highs, the rising cost is having a ripple effect on the economy. Michael Nicholson, co-owner of moving and storage company The Moving Squad, joined CBS News' Nikki Battiste to discuss the effects of inflation on his bottom line.
Rising gas prices are causing a ripple effect across the U.S. economy, raising shipping and transportation costs as well. Harrison Fell, economist and senior research scholar at Columbia University's Center on Global Energy Policy, joined CBS News' Enrique Acevedo to discuss.
The U.S. labor market had an impressive month in April despite surging inflation. Wall Street Journal reporter Akane Otani joined Meg Oliver to discuss what the new job numbers could mean the economy's future.
Financial markets wobble amid investor concerns that the House speaker's visit could heighten U.S.-China tensions.
CEO Vlad Tenev says soaring inflation and cryptocurrency crash is discouraging customers from trading.
Every year, the fins of as many as 73 million sharks are sliced from the backs of the majestic sea predators.
American employers posted fewer job openings in June as the economy contends with raging inflation and rising interest rates.
The U.S. Department of Commerce revealed Thursday that the GDP fell in the first quarter for the first time since 2020. The U.S. Department of Labor also reported that initial jobless claims dropped last week. Lori Bettinger, the president of BancAlliance and former director of the Troubled Asset Relief Program, joins CBS News to about what these figures say about the current state of the economy.
Lori Bettinger, the president and BancAlliance and former director of the Troubled Asset Relief Program, joins CBS News' Tanya Rivero and Lana Zak to discuss consumer spending, falling consumer confidence, the upcoming Federal Reserve meeting and recession concerns.
The latest Labor Department report shows that new unemployment filings fell to 231,000 for the week of June 25, down 2,000 from the previous week. CBS News' Vladimir Duthiers and Anne-Marie Green sit down with Kathryn Gill, a reporter for The Wall Street Journal, to discuss these figures and other developments in the U.S. labor market and economy.
High inflation and fears of a recession have many Americans wondering what to do with their 401(k) retirement investments. Those fears have been magnified by U.S. stocks falling by at least 20% from their most recent peak in January. CBS News MoneyWatch reporter Aimee Picchi joined CBS News' Errol Barnett and Debra Alfarone to discuss.
Deutsche Bank is forecasting the U.S. will see a recession next year. The company's Global Head of Economic Research Peter Hooper spoke with CBS News' Tanya Rivero and Mola Lenghi about the new report.
Wendy Edelberg, director of The Hamilton Project and senior fellow at Brookings, joins CBS News at the closing bell Friday to discuss what's driving the market. She also explains why she thinks the April jobs numbers are a good sign for the U.S. economy.
It was a good day for investors with all three indexes rebounding to start off the week on Wall Street. The market rallied out of the gate and never looked back. Brett Ryan, a senior U.S. economist at Deutsche Bank, joined CBS News to discuss.
U.S. mortgage rates have soared to new levels, signaling a new wave of economic uncertainty. CBS News' Vladimir Duthiers and Nikki Battiste spoke with Erin Sykes, a chief economist for Nest Seekers International, about why rates are climbing and what it means for American homeowners.
The markets slid Wednesday largely due to the ongoing war in Ukraine, with the Dow closing in the red just one day after the yield curve briefly inverted for the first time since 2019. Brent Schutte, chief investment strategist of Northwestern Mutual Wealth Management Company, joins CBS News to discuss economists' concerns.
The Dow Jones saw its biggest point loss in a single day since the pandemic began. Robert Schein, chief investment officer at Blanke Schein Wealth Management, joins CBS News at the closing bell to break down the day of losses on Wall Street.
The U.S. Commerce Department reported last month that major corporations were extremely profitable in 2021. But small business owners say they are struggling to compete as prices continue to rise. CBS News reporter Sarah Ewall-Wice joins Elaine Quijano to discuss.
Mortgage rates in the U.S. are at their highest level since 2009. The average for a 30-year loan jumped a tenth of a percent last week to 5.2%. Mike Fratantoni, chief economist and senior vice president of research and industry technology at the Mortgage Bankers Association, joined CBS News' Tony Dokoupil and Tanya Rivero to discuss.
A new report by Accenture details how the metaverse is changing the business world and how companies are adapting to what tech experts are calling the future of business. Accenture's Chief Technology Officer Paul Daugherty joined CBS News to break down the new report.
Iran renews attacks in the Strait of Hormuz after Trump says he's extending a ceasefire indefinitely, as thousands more U.S. forces head for the region.
A state court judge on Wednesday blocked Virginia from moving forward with a redistricting effort that passed a day earlier, a roadblock in Democrats' efforts to redraw the state's congressional maps.
The Senate is beginning what's expected to be a marathon vote series on Wednesday, as Republicans move ahead with a plan to fund immigration agencies under the Department of Homeland Security without help from Democrats.
The FBI obtained four warrants under FISA to monitor Carter Page, who served as an informal adviser to President Trump during his 2016 campaign.
The wife of Sgt. First Class Jose Serrano is being held at an ICE detention center in El Paso.
Navy Secretary John Phelan is leaving his role effective immediately, chief Pentagon spokesman Sean Parnell said Wednesday.
In a department built to respond to catastrophic threats, employees have been reduced to bartering for office supplies.
About half of Iran's stockpile of ballistic missiles and its associated launch systems were still intact as of the start of the ceasefire in early April, officials said.
In the memo, Assistant Attorney General Colin McDonald said detailing a prosecutor from each U.S. attorney's office is aimed to help "execute a nationwide strategy to eliminate fraud in every district."
In the memo, Assistant Attorney General Colin McDonald said detailing a prosecutor from each U.S. attorney's office is aimed to help "execute a nationwide strategy to eliminate fraud in every district."
Five people were injured when explosions occurred several hours apart at two homes on the same block of a north San Antonio neighborhood.
In a department built to respond to catastrophic threats, employees have been reduced to bartering for office supplies.
The Senate rejected another attempt to rein in President Trump's ability to use further military force against Iran, marking Democrats' fifth effort to do so since the war began eight weeks ago.
Zamil Limon and Nahida Bristy, both 27, were last seen in the Tampa area on April 16, the University of South Florida Police Department said. Loved ones say their disappearances are out of character and they're concerned.
The cost of renting a home, which surged during the pandemic, is showing signs of returning to earth, new data shows.
Sun alleges that World Liberty Financial froze the digital tokens he had purchased, locking him out of assets worth as much as $1 billion.
The AI company behind the chatbot Claude is looking into a report of unauthorized access to Mythos from one of its third-party vendor environments.
The company behind Truth Social has lost more than $1 billion since going public two years ago, while its shares have tumbled 58% during the past 12 months.
Karex, which calls itself the "world's largest condom maker," could hike the company's prices by 20% to 30%, its CEO told Reuters.
The Senate is beginning what's expected to be a marathon vote series on Wednesday, as Republicans move ahead with a plan to fund immigration agencies under the Department of Homeland Security without help from Democrats.
In the memo, Assistant Attorney General Colin McDonald said detailing a prosecutor from each U.S. attorney's office is aimed to help "execute a nationwide strategy to eliminate fraud in every district."
A state court judge on Wednesday blocked Virginia from moving forward with a redistricting effort that passed a day earlier, a roadblock in Democrats' efforts to redraw the state's congressional maps.
In a department built to respond to catastrophic threats, employees have been reduced to bartering for office supplies.
The Senate rejected another attempt to rein in President Trump's ability to use further military force against Iran, marking Democrats' fifth effort to do so since the war began eight weeks ago.
Millions of people rely on the supplemental insurance to offset the deductibles, copayments, and other costs faced by enrollees in the traditional Medicare program.
Work requirements will encourage people who are able to work to seek and maintain jobs, proponents say. But researchers haven't found that they lower the unemployment rate.
Former Trump Surgeon General Dr. Jerome Adams described Dr. Erica Schwartz as a "home run pick."
The order will open the door for more research into psychedelic drugs, including ibogaine, sources told CBS News earlier this week.
Casey Gould wanted to be a mom her whole life. Her long-awaited pregnancy went smoothly — until she saw something alarming.
The move may signal a more constructive relationship between Ukraine and the European Union following the ouster of Hungarian Prime Minister Viktor Orbán earlier this month.
Mexican President Claudia Sheinbaum said the government is still investigating a potential violation of national security laws in the incident.
As thousands of undocumented migrants line up to apply for amnesty under a new program in Spain, the prime minister's opponents vow a fight.
About half of Iran's stockpile of ballistic missiles and its associated launch systems were still intact as of the start of the ceasefire in early April, officials said.
The crew of the Mariana notified the U.S. Coast Guard on April 15 that the 145-foot vessel lost its starboard engine during Super Typhoon Sinlaku.
On April 22, 2016, the U.N. held a signing ceremony for the Paris Agreement, an international treaty aimed at curbing climate change, featuring several speakers from various nations, including actor and environmental activist Leonardo DiCaprio. Watch his full speech from the event.
Donnie Wahlberg talks about starring in the series "Boston Blue" and the emotional moments he shared with the cast members when he revealed the show was being renewed for a second season. He also discusses if his wife, Jenny McCarthy, could make an appearance on the show.
New data shows interest in vinyl records is only getting stronger, with social media and and special releases from artists like Taylor Swift helping drive the trend. Jarred Hill has more.
Opening statements have concluded in Harvey Weinstein's New York rape retrial. CBS News' Jericka Duncan has more.
Singer D4vd appeared in court Monday, hours after prosecutors announced he would be charged with first-degree murder in the death of 14-year-old Celeste Rivas Hernandez. Matt Gutman reports.
Tuesday marks Earth Day, and if you have any unused devices at home, there are green ways to dispose of them. CNET senior technology reporter Abrar Al-Heeti joins CBS News to discuss.
Business Insider got a look at an email Meta, the parent company of Facebook, sent to all employees, letting them know that it would start tracking their interactions with their computers to train the company's artificial intelligence. Business Insider tech correspondent Charles Rollet joins to discuss.
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.
The company behind Truth Social has lost more than $1 billion since going public two years ago, while its shares have tumbled 58% during the past 12 months.
"Am I gonna replace a controller and have AI manage the airspace? The answer to that is hell no, that's not gonna happen," Transportation Secretary Sean Duffy told CBS News.
Researchers studied how the drug affected the movements of wild fish in their natural habitats.
"This experiment's never been run before on another world," said Amy Williams, an astrobiologist working on the Curiosity mission.
The process of making 30 billion tons of concrete every year produces more carbon pollution than all the world's ships and planes put together. Now, the North Carolina and Denmark-based Biomason is using biotechnology, including naturally-occurring microbes, to create "biocement" that's just as sturdy but emits much less CO2. David Pogue reports.
Over the past century, the cultivation and processing of wheat has led to strains of grain that are less nutritious, less flavorful, and more vulnerable to climate change. The researchers at Breadlab, at Washington State University, are trying to breed varieties of whole grains that are better for farmers, consumers – and taste buds. David Pogue reports.
The renewable energy company Panthalassa says it has a solution to the proliferation of AI data centers, which consume massive amounts of energy and are the cause of increased carbon pollution: sea-based data centers, powered by wave energy.
The parents of Sheridan Gorman, the Loyola University student who police say was gunned down last month by an undocumented immigrant, spoke out for the first time with CBS News' Matt Gutman.
Surveillance video shows the moment a car came crashing through a police station in Philadelphia. Five people were taken to the hospital and police say they believe the incident was intentional. Shanelle Kaul reports.
OpenAI and ChatGPT are under investigation by Florida officials after a deadly shooting last year at Florida State University. Prosecutors allege the AI bot offered "significant advice" to the suspect just days before the shooting. OpenAI says its chatbot is not responsible. Jo Ling Kent reports.
The assault-style rifle used to kill eight children in a Louisiana mass shooting was stolen from a truck, the gun's previous owner said.
The Justice Department on Tuesday announced fraud charges against the Southern Poverty Law Center over its nonprofit investigations into extremist groups. CBS News justice reporter Jake Rosen has the details.
"This experiment's never been run before on another world," said Amy Williams, an astrobiologist working on the Curiosity mission.
The launching appeared to go off without a hitch, but a problem prevented the rocket's upper stage from putting its payload into the correct orbit.
"We are carrying back everything we learned, not only about where we went but ourselves," mission specialist Christina Koch told "CBS Evening News" anchor Tony Dokoupil.
The four Artemis II astronauts struggled to describe the view and overall experience of flying around the moon's far side and witnessing a solar eclipse in deep space.
People on the ground in the Eastern Hemisphere will be able to observe the asteroid with their own eyes, weather permitting, according to NASA.
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.
Georgia streets reduced to ashes amid massive wildfires; Trump administration considers bailout for Spirit Airlines.
One reporter in Boston is the internet's favorite new source because of her wicked cool accent. Boston Globe reporter Emily Sweeney joins "The Daily Report" to discuss going viral.
The Justice Department is bringing nearly a dozen charges against the Southern Poverty Law Center, including fraud. CBS News legal contributor Jessica Levinson breaks down the charges.
Prediction market site Kalshi has fined and suspended three political candidates from its site for "political insider trading." CBS News senior business and tech correspondent Jo Ling Kent has more details.
The Prison Policy Initiative says 96% of incarcerated people will one day return to their communities. That's why California's system is leaning into rehabilitation. CBS News Bay Area's Max Darrow goes inside a facility where one of the methods involves puppies.