Senate passes climate, health and tax bill in major win for Democrats
The bill's passage is a significant achievement for Democrats as they look to maintain their hold on Congress in the November midterm elections.
Economy
Fallout over Indiana's ban on most abortions
Indiana's sweeping ban on most abortions is causing political and economic fallout as as some of the state’s biggest employers object to the restrictions. Indianapolis Star reporter Arika Herron joins "CBS News Mornings" with the latest.
San Francisco Fed chief: Economy seems to be "cooling"
Mary Daly, president and CEO of the Federal Reserve Bank of San Francisco, says there are "signs that the economy is cooling, it just is going to take some time for the interest rate adjustments we've made to work their way through."
Parliamentarian alters drug plan in Inflation Reduction Act before Senate vote
The Senate's nonpartisan rules arbiter has dealt a blow to Democrats' plan for curbing drug prices.
U.S. adds 528,000 jobs in July
The Labor Department reported that U.S. employers created 528,000 jobs in July. That far exceeded economists' expectations of 250,000 new jobs gained during the period. Yahoo Finance broadcast contributor Kevin Cirilli joins “CBS Saturday Morning” to talk about the state of the economy.
CBS Evening News, August 5, 2022
Strong July jobs growth defies recession fears; Scientist apologizes for photo of sausage he claimed was star
Strong July jobs growth defies recession fears
The July jobs numbers mean the economy has recouped all 22 million jobs lost early in the pandemic. But the news is not all good. Small businesses still can't find enough workers. Kris Van Cleave has more.
July jobs report beats expectations
The U.S. added 528,000 jobs in July, more than double what economists had predicted. With that boost, the unemployment rate fell to 3.5%, back to pre-pandemic levels and the lowest it's been since 1969. Daniel Zhao, senior economist at Glassdoor, joins CBS News to discuss what the report indicates about the state of the economy.
Stocks dip after strong jobs report offers mixed news for investors
New data on hot U.S. jobs market suggests Fed won't be reining in its aggressive rate hikes anytime soon.
Unemployment drops to lowest rate in 50 years
The July jobs report shows unemployment has dropped to pre-pandemic levels. Job growth last month was more than double what analysts were projecting. Javier David, business and markets managing editor at Axios, joins CBS News to break down what some of the key numbers in the report signal for the American economy.
3 more ships loaded with grain depart Ukrainian ports
While the shipments have raised hopes of easing a global food crisis, experts say much of the grain is used for animal feed
Some Americans turn to home gardens amid inflation
As inflation pushes grocery prices to a four-decade high, some Americans have turned to growing their own food to shrink their grocery bill. Janet Shamlian takes a look.
U.S. gas prices fall for 7 straight weeks
The cost of a gallon of gas continues to fall in the U.S. Ellen Wald, senior fellow at the Atlantic Council's Global Energy Center, joins "CBS News Mornings" to discuss what's helping ease the pain at the pump.
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. .
First Ukraine grain ship passes inspection in Turkey and heads to Lebanon
Kyiv said 17 other vessels were "loaded and waiting permission to leave" Ukraine but there was no word on when they could depart.
How to protect your budget against a looming recession
Economic uncertainty isn't going away anytime soon. Here are steps you can take to be prepared if recession hits.
8/2: CBS News Mornings
U.S. drone strike kills top al Qaeda leader; Beyoncé swaps out controversial song lyric on her new album
China lays out its economic blueprint
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.
Diesel fuel prices impacting trucking industry
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.
Surging gas prices increase other costs
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.
Job growth holds steady in April despite rising inflation
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.
Stocks fall as House Speaker Nancy Pelosi lands in Taiwan
Financial markets wobble amid investor concerns that the House speaker's visit could heighten U.S.-China tensions.
Robinhood slashes 23% of its workforce amid trading slump
CEO Vlad Tenev says soaring inflation and cryptocurrency crash is discouraging customers from trading.
Feds target U.S. companies caught in lucrative shark fin trade
Every year, the fins of as many as 73 million sharks are sliced from the backs of the majestic sea predators.
Job openings fall as the U.S. economy shrinks
American employers posted fewer job openings in June as the economy contends with raging inflation and rising interest rates.
Live
2026 elections live updates: Trump supports Republicans with telerallies
First on CBS
As Texas Dems predict a Hispanic wave, Hinojosa takes her pitch ringside
El-Sayed asks fellow Democrat Stevens not to attend final campaign events
DOJ calls Alaska Senate allegations "troubling," asks to segregate ballots
She spent 18 years believing she had MS. Then her diagnosis changed.
Virginia and D.C. sue over Trump's planned arch
Live
Iran's supreme leader warns U.S., Israel against new attacks
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Daniel J. Sullivan left his Alaska hometown before Senate election
