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There are signs that an already crippled economy may get even worse. Investment bank Goldman Sachs estimates that unemployment in the U.S. will explode to 15% by the end of June, and that the U.S. gross domestic product will drop as much as 34%. Mark Strassmann has a closer look.
New details surrounding the coronavirus pandemic and its impact on the economy come every day. "CBS This Morning" assembled a panel of experts to answer viewers' most pressing questions to make sure you have the information you need to navigate the new normal.
A record number of Americans filed for unemployment last week as millions feel the economic impact of the coronavirus pandemic. Jericka Duncan speaks to a few of these everyday Americans who lost their jobs due to the pandemic, talking to them about how they their families, and their colleagues are dealing with financial struggles and the uncertainty of their own careers.
As the Trump administration's 15-day "slow the spread" initiative comes to an end on Monday, the president told governors that he is planning to categorize every county in America as high, medium or low risk as part of his push to reopen the economy sooner. The goal was met with resistance by medical experts as well as an increasing number of governors who are issuing shelter-in-place or stay-at-home orders as the virus spreads. Paula Reid reports on how the administration is dealing with the outbreak from the White House.
More than 3 million U.S. workers filed for unemployment last week, making it the worst week for unemployment claims in over 50 years. Over half of all U.S. states have ordered nonessential businesses to close, putting millions more at risk of being laid off or not working enough hours to survive. Jill Schlesinger, who called the Senate's coronavirus stimulus bill aimed at easing the pandemic's economic blow a "lifeline" to these workers, joins "CBS This Morning" to put the numbers into context.
In Washington, D.C., a vote could come soon on a $2 trillion dollar lifeline to struggling workers and companies. Nancy Cordes has the latest on Capitol Hill.
Congressional leaders are close to reaching a $2 trillion rescue package as the stock market made a huge gain on Tuesday. Nancy Cordes has the latest from Capitol Hill.
Senators on Monday continued to argue over the details of a relief package for Americans during the coronavirus crisis. As stocks continue to plummet and businesses and individuals across the country suffer, the two major parties seem unable to find common ground on how to divvy up nearly $2 trillion. Nancy Cordes reports.
The coronavirus pandemic is taking a mounting toll on the U.S. economy. Auto factories are shutting down, hotels are empty, and the U.S. travel association warned more than four and a half million jobs could be lost by the end of the April. Jamie Yuccas reports.
Financial markets suffered losses of historic proportions Monday, with the Dow falling almost 3,000 points, the biggest one-day point drop of all time. The tumble comes as President Trump concedes the country "may be" heading for a recession. Jill Schlesinger reports from outside NASDAQ headquarters in New York.
The stock markets ended a brutal week on a positive note. The Dow bounced back by nearly 2,000 points, picking up more than 9% on Friday. CBS News business analyst Jill Schlesinger reports.
The Dow plummeted nearly 10%, leaving investors fearing that the government has not done enough to help the economy amid the coronavirus pandemic. Jill Schlesinger reports.
As U.S. officials step up the response to the coronavirus, President Trump insists he does not need to be tested. Weijia Jiang reports.
President Trump is still downplaying the threat of the coronavirus outbreak. Paula Reid reports.
CBS News elections and surveys director Anthony Salvanto breaks down the latest polling on COVID-19.
CBS News senior national correspondent Mark Strassmann reports on the latest in the country's battle against the coronavirus.
San Francisco Federal Reserve Bank president Mary Daly said the U.S. is still seeing in the economy "the pain of COVID, and the pain of the Delta variant impact the labor market."
CBS News election and surveys director Anthony Salvanto breaks down the latest polling on COVID and the economy.
Trump optimistic on new trade talks with China; Tennis legend Althea Gibson honored at U.S. Open.
Trump optimistic on new trade talks with China; How do Americans feel about the economy?
Trump preps for G7, says economy still strong; Trump awarding Medal of Honor to Bob Cousy
Trump looking for ways to boost the economy; Kayakers escape iceberg collapse in Alaska
Pres. Trump on boosting the U.S. economy; Gingrich's push to Trump on cheap moon plan.
China retaliates against U.S. tariffs, Mercedes ships formula 1 car to home of terminally ill boy.
Democrats in the nation's Capitol face a fast-approaching deadline to scale back President Biden's economic agenda. Debra Alfarone reports.
Border czar Tom Homan gave his first news conference Thursday morning since arriving in Minnesota at the request of President Trump.
The Senate failed to advance legislation to fund major portions of the government as talks over reforming ICE continue.
Sean Grayson, who was found guilty of second-degree murder in the Sonya Massey shooting last year, is being sentenced in Springfield Thursday.
Immigration may have been a political liability for Democrats in 2024. But two years later, it's shaping up to be a top issue they're relying on to galvanize support and mobilize their base.
Some American citizens have begun carrying their passports in Minneapolis, fearful that they'll be mistaken for undocumented immigrants and detained amid a surge of federal agents to the city.
President Trump will sign an executive order Thursday afternoon to coordinate a federal government response to drug addiction.
Maps show where the next blast of Arctic air and a potential winter storm are expected to travel this weekend, according to the latest forecast models.
The man who rushed at Minnesota Rep. Ilhan Omar and sprayed her with liquid Tuesday night during a town hall in Minneapolis faces a federal assault charge.
Trump says if former Prime Minister Nouri al-Maliki is reelected, the U.S. "will no longer help Iraq." Here's what's behind the intervention in Iraq's democracy.
The coastal marten is about the size of a ferret and lives in heavily wooded forests.
Some American citizens have begun carrying their passports in Minneapolis, fearful that they'll be mistaken for undocumented immigrants and detained amid a surge of federal agents to the city.
President Trump will sign an executive order Thursday afternoon to coordinate a federal government response to drug addiction.
Maps show where the next blast of Arctic air and a potential winter storm are expected to travel this weekend, according to the latest forecast models.
Americans are more stressed out about their health care costs than they are about affording groceries or housing.
Americans are more stressed out about their health care costs than they are about affording groceries or housing.
Side-curtain air bags in some Hyundai Palisade SUVs may not properly deploy during a crash, auto safety watchdog warns.
Dow's announcement comes after several other large corporations, from Amazon to UPS, said they plan to cut jobs.
Workers in clerical and administrative roles could have the most trouble adapting to the impact of AI on jobs, new research shows.
Treasury Secretary Scott Bessent emphasized the benefits of Trump Accounts and addressed affordability concerns in an interview with CBS News.
President Trump will sign an executive order Thursday afternoon to coordinate a federal government response to drug addiction.
Immigration may have been a political liability for Democrats in 2024. But two years later, it's shaping up to be a top issue they're relying on to galvanize support and mobilize their base.
The man who rushed at Minnesota Rep. Ilhan Omar and sprayed her with liquid Tuesday night during a town hall in Minneapolis faces a federal assault charge.
Trump says if former Prime Minister Nouri al-Maliki is reelected, the U.S. "will no longer help Iraq." Here's what's behind the intervention in Iraq's democracy.
The Democrats' request comes days after Sen. Rand Paul announced that the heads of ICE, CBP and U.S. Citizenship and Immigration Services will testify before the panel on Feb. 12.
U.S. life expectancy rose to 79 years in 2024 - the highest mark in American history. But the U.S. still ranks below dozens of other countries.
The recall affects several batches of the 5.5-ounce Gerber Arrowroot Biscuits, the FDA said.
South Carolina's measles outbreak has grown to include 789 cases. A West Texas outbreak last year sickened 762 people.
Studies offer insights into the health risks and burdens faced by people who have had COVID infections. Meanwhile, the Trump administration has narrowed COVID vaccine recommendations and cut research.
The AAP is recommending immunization against 18 diseases. Earlier this month, the CDC reduced its recommendations for childhood vaccines to 11 diseases.
After decades monitoring polar bears in Norway's far north, researchers say the animals have proven incredibly adaptable, but there are no guarantees for the future.
Trump says if former Prime Minister Nouri al-Maliki is reelected, the U.S. "will no longer help Iraq." Here's what's behind the intervention in Iraq's democracy.
The Sharia police chief in Indonesia's Banda Aceh province is unapologetic about the latest canings, imposed for behavior he said, "tarnishes our name."
Authorities say a small plane has crashed in a rural area of Norte de Santander province in northeast Colombia, killing all 15 people on board.
The fossils offer a rare glimpse into a cataclysmic event that brought a sudden end to the greatest explosion of life in our planet's history.
Alex Warren's hit song "Ordinary," a love letter to his wife, became Billboard's song of the summer in 2025. He spoke to "CBS Mornings" about his music journey and the challenges that came along the way, including losing his father to cancer at a young age. Natalie Morales reports.
"CBS Mornings" reveals Jennifer Jimenez, a longtime high school band director in Miami, is the winner of the prestigious 2026 Music Educator Award.
On Jan. 29, 2026, the Library of Congress named "The Karate Kid" – a beloved 1984 tale of a young boy learning important life lessons from his mentor, a martial arts instructor – to the National Film Registry, to be preserved for future generations. In this 2024 interview with "Sunday Morning" correspondent Lee Cowan, "Karate Kid" star Ralph Macchio talked about auditioning for the role; his relationship with co-star Pat Morita, who played Mr. Miyagi; and why he believes the film has resonated with audiences.
Among the 25 films selected by the Library of Congress to be preserved for future generations are "The Big Chill," Wes Anderson's "The Grand Budapest Hotel," the Civil War drama "Glory," and John Carpenter's "The Thing."
Bruce Springsteen has released a song in honor of Alex Pretti and Renee Good titled "Streets of Minneapolis."
This month, Google launched a suite of new features for Gmail. Google's AI assistant, Gemini, can now filter through junk, summarize an inbox and even help users write emails. Blake Barnes, Gmail vice president of product, joins CBS News to discuss.
As Ukraine accuses Russia of terrorism with a deadly strike on a train, some defense analysts believe Elon Musk's Starlink may have guided the killer drones.
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.
Some TikTok users are raising questions about the app's new terms and conditions after the social media platform's split from its China-based parent.
The new American version of TikTok is under scrutiny as some users claim the app is suppressing anti-ICE or anti-Trump content. Now, California Gov. Gavin Newsom is launching an investigation into the complaints. CBS News MoneyWatch correspondent Kelly O'Grady reports.
After decades monitoring polar bears in Norway's far north, researchers say the animals have proven incredibly adaptable, but there are no guarantees for the future.
Dark matter doesn't absorb or give off light so scientists can't study it directly. But they can observe how its gravity warps and bends the star stuff around it.
"CBS Saturday Morning" learns more about Veronika, the clever cow who figured out multiple ways to scratch herself with a broom. It was the first time a cow was seen using a tool.
"Sunday Morning" looks back at historical events on this date.
The Dinosaur National Monument, which is located on the border between Colorado and Utah, was last excavated in 1924.
Sean Grayson, the former Illinois deputy convicted of killing Sonya Massey in 2024, has received a maximum sentence of 20 years in prison. CBS News correspondent Karen Hua has more.
Sonya Massey's family is reacting to the sentencing of former deputy Sean Grayson, who was convicted of murder for fatally shooting Massey during a 911 response. CBS News' Karen Hua reports.
The man who rushed at Minnesota Rep. Ilhan Omar and sprayed her with liquid Tuesday night during a town hall in Minneapolis faces a federal assault charge.
Sean Grayson, the former deputy who fatally shot Sonya Massey after she called 911 for help, has been sentenced to 20 years in prison. CBS News' Karen Hua reports.
Brendan Banfield, who is accused in the murders of his wife and a stranger, testified Wednesday in his own defense. He forcefully rejected prosecutors' claim that he plotted his wife's murder to avoid a divorce, saying, "that is absolutely crazy." Jericka Duncan reports.
For months, the Artemis II crew and flight controllers have been simulating malfunctions to prepare for their upcoming trip around the Moon.
NASA is preparing for its first crewed mission around the moon in more than 50 years. The Artemis II astronauts include three Americans and one Canadian on a 10-day flight. Mark Strassmann got a look at how they're training.
Dark matter doesn't absorb or give off light so scientists can't study it directly. But they can observe how its gravity warps and bends the star stuff around it.
Virgin Galactic is sending an all-female research team to space. Kellie Gerardi, who is leading the crew, joins "CBS News 24/7 Mornings" to discuss the goals of the mission.
Inch by inch, NASA's Artemis II moon rocket lumbered along its four-mile commute from the Vehicle Assembly Building to launch pad 39-B. Mark Strassmann is at the Kennedy Space Center in Florida with more.
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.
Sean Grayson, the former Illinois deputy convicted of killing Sonya Massey in 2024, has received a maximum sentence of 20 years in prison. CBS News correspondent Karen Hua has more.
President Trump held his first Cabinet meeting of 2026 Thursday as his administration continued to deal with the fallout from deadly immigration enforcement practices in Minnesota. CBS News chief White House correspondent Nancy Cordes has more.
Border czar Tom Homan spoke in Minnesota Thursday, saying he would stay there "till the problem's gone." CBS News' Ian Lee and Olivia Rinaldi have more.
The Senate failed to advance a government funding package Thursday with Democrats demanding reforms to immigration agencies. The deadline for a government shutdown is Saturday. CBS News congressional correspondent Nikole Killion reports.
Sonya Massey's family is reacting to the sentencing of former deputy Sean Grayson, who was convicted of murder for fatally shooting Massey during a 911 response. CBS News' Karen Hua reports.