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. .
Economy
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.
U.S. economic growth shrinks
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.
Weighing the state of the U.S. 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.
Initial jobless claims fall slightly
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.
What to do with your 401(k) in bear market
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 forecasts U.S. recession
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.
April jobs report is "good news" for economy
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.
Wall Street rallies to start the week
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 climb
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.
MoneyWatch: Markets and inflation
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.
Stock markets plunges Wednesday
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.
Small businesses struggle with inflation
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 at highest level since 2009
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.
The metaverse's impact on the business world
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.
Tennessee prison system head to resign after failed Christa Pike execution
Debris found of medical plane that went missing near Nantucket with 6 on board
Cornell president says school "must do better" amid criticism of its investigation
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Senior Trump administration officials met to discuss Iran war at Camp David
Trump urges daylight saving time bill supporters to personally call Sen. Cotton
Iowa approves pricy foreign-owned steel plant project in swing district
Zach Bryan wears "Free Palestine" shirt during concert at Gillette Stadium
More details emerge about FlyDubai co-pilot who tried to crash plane
