Breaking down June jobs report numbers
The U.S. Labor Department reports the country added 850,000 jobs in June. BancAlliance Co-President Lori Bettinger joins CBSN with more.
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The U.S. Labor Department reports the country added 850,000 jobs in June. BancAlliance Co-President Lori Bettinger joins CBSN with more.
The nation added a better-than-expected 850,000 jobs in June, though the overall unemployment rate edged up slightly to 5.9%. CBS News Senior Business Analyst Jill Schlesinger joins “CBS This Morning: Saturday” to talk about the jobs numbers and the ongoing economic recovery.
As the U.S. reopens, job growth is picking up -- the country added 850,000 jobs last month, according to the Labor Department's latest report. However, unemployment rose to 5.9%. Barclays chief U.S. economist Michael Gapen joined CBSN to discuss the latest numbers.
President Biden met with families impacted by the condo collapse in Surfside, Florida, on Thursday as rescue crews resumed search efforts. More than 140 people remain unaccounted for. CBS News correspondent Omar Villafranca reports from Surfside, and CBS News correspondent Christina Ruffini joined CBSN from the White House to explain how the State Department is stepping in to assist.
The IRS on Tuesday said it has sent almost $390 billion in direct aid to about 164 million U.S. households. Households in Utah have received the largest stimulus checks in the third round of direct payments with an average windfall of $2,784.
The agency also announced it expects inflation to rise sharply this year before leveling off.
The U.S. is seeing a boom in new small businesses despite the economic and health care challenges the country has faced over the past year. John Haltiwanger, a professor in the economics department at the University of Maryland, joined CBSN to discuss his latest research on the boom.
CBSN Originals takes a look at the growing economic inequality and the divide over whether statehood is the solution in its new documentary, "Fighting for Paradise: Puerto Rico's Future." Manuel Natal Albelo, leader of the Movimiento Victoria Ciudadana political party in Puerto Rico, joins CBSN AM with more.
The rise of extreme weather conditions is posing harm to businesses who may not be financial prepared. In 2020, extreme weather cost the insurance industry over $70 billion, according to The Demex Group. Stephen Bennett, co-founder and chief product officer of The Demex Group and chairman of the American Meteorological Society's Committee on Financial Weather and Climate Risk, joins CBSN's Lana Zak with more on how businesses can prepare for these potential risks.
CBSN Originals' new documentary "Fighting for Paradise: Puerto Rico's Future" explores the growing economic inequality in Puerto Rico and the divide over whether statehood is the solution. CBS News correspondent Lilia Luciano joins Tanya Rivero to discuss the island's economy and differing visions of its path forward.
A new report shows that nearly four million Americans quit their jobs in April, which is the highest quit rate in 20 years. Social psychologist Dr. Ron Friedman joined CBSN's Lana Zak to discuss what people should look out for as they consider switching careers.
More than half of states are ending the federal government's $300-per-week unemployment bonus months before the scheduled phaseout on September 6. CBS MoneyWatch's Aimee Picchi spoke with CBSN's Tanya Rivero about the impact this is having on everyday workers.
A new report details the economic disparities Black Americans face. The report by McKinsey and Company found 19% of Black families in the U.S. have a negative net worth and revealed a wage gap in the billions and a revenue gap for Black-owned businesses of more than a trillion dollars. Shelley Stewart III, a partner at McKinsey, where he leads the Institute for Black Economic Mobility, spoke with Anne-Marie Green and Vladimir Duthiers on CBSN about the main findings in the report, titled "The economic state of Black America."
A new CBS News poll finds that Americans are optimistic about jobs in their area as the economy reopens. The pandemic has prompted some to think about the possibility of major life changes, including changing jobs, moving or permanently working remotely. CBS News elections and surveys director Anthony Salvanto joins CBSN to break down the data.
The U.S. economy added 559,000 jobs in May and that number is expected to grow this summer. Lavare Bland, CEO of Kandidate - North America, and Karin Kimbrough, LinkedIn's chief economist, joined CBSN's Lana Zak for the MoneyWatch special "Employment in America: A Shifting Workforce" to discuss the post-pandemic job market.
The Labor Department reported Thursday that consumer prices jumped 5% over the past year. That's the highest inflation rate in the U.S. since 2008. It means Americans are seeing higher prices on things like food, clothes and even lumber. Gwynn Guilford, an economics reporter with The Wall Street Journal, joined CBSN's Lana Zak to discuss.
Nearly a quarter of U.S. workers who are collecting pandemic-related expanded unemployment benefits are set to lose it, some as soon as this weekend. Lawmakers in 25 Republican-led states say they are ending the program early because the added money is leading to a lack of job applicants for businesses that want to hire. CBSN's Tanya Rivero spoke with New York Times national economics correspondent Patricia Cohen about the politics behind the decision.
Five of the leading Democratic candidates for mayor — Scott Stringer, Kathryn Garcia, Andrew Yang, Maya Wiley and Eric Adams — met Thursday in the final debate before early voting starts. CBS News reporter Adam Brewster joins CBSN's Lana Zak with a look at the major themes of the night.
As CBS News' Omar Villafranca reports, the Labor Department says 376,000 Americans filed first-time unemployment claims last week — marking the lowest level since the pandemic began. But many businesses say they're having trouble filling open position. Joe Minarik, senior vice president and director of research for the Committee for Economic Development, joins CBSN's Lana Zak to discuss the new unemployment numbers and America's continuing economic recovery.
The record deficit and record spending figures were in part because of pandemic-related relief.
G-7 nations have agreed to back a global minimum corporate tax of at least 15%. In a press conference on Saturday from London, U.S. Treasury Secretary Janet Yellen said members of the G-7 agreed "the post-pandemic world must be fairer, especially with regard to global taxation." Watch her remarks.
In an interview with CBS News, Guatemalan President Alejandro Giammattei called on U.S. lawmakers to toughen up laws against human trafficking and said that he's ready to extradite smugglers, known as "coyotes," to the U.S. to face charges. CBS News senior White House and political correspondent Ed O'Keefe joins CBSN's Lana Zak with more on his interview and the upcoming diplomatic talks between Giammattei and Vice President Harris, who has been tasked with leading efforts to address the root causes of migration to the southern border.
Bank of America CEO Brian Moynihan says increased consumer spending is helping the U.S. economy rebound from the pandemic.
Missed the second half of the show? The latest on the former Secretary of State Condoleeza Rice input on the U.S. Capitol insurrection, Senator Joe Manchin opposing the For the People Act, the U.S. economy rebound from the pandemic and Vice President Kamala Harris first trip foreign trip.
The May report showed an uptick in hiring as the country added 559,000 jobs.
Trump's optimism about talks to end the Iran war has been tempered by denials from Tehran, and violence that continues to keep the Strait of Hormuz gridlocked.
Nearly 12% of all TSA officers who were scheduled to work on Sunday called out – the most since the start of the partial government shutdown.
A shadowy group claiming antisemitic attacks in Europe amid the Iran war tells CBS News it will target "U.S. and Israeli interests worldwide."
Former Rep. David Rivera of Florida is accused of secretly lobbying for the Venezuelan government during the first Trump administration.
The Senate is closing in on a deal to fund the bulk of the Department of Homeland Security and end the partial government shutdown that has stretched for six weeks.
In separate visits, President Trump is planning to host monarchs from the United Kingdom and The Netherlands next month.
The foreign ministry said in a statement it agreed after a letter from his family that Dennis Coyle "would be pardoned and released" for Eid.
Two pilots were killed and dozens of people injured at New York's LaGuardia Airport late Sunday night when an arriving Air Canada Express plane and fire and rescue vehicle collided, authorities said.
Overhead announcements at Houston's George Bush Intercontinental Airport periodically advised those in line with departures within four hours to consider rebooking now.
The video game maker is cutting 1,000 workers as it struggles to keep players engaged with Fortnite.
Some airlines are issuing waivers for travelers eager to avoid hours-long waits for TSA security screening. Here's what to know.
Overhead announcements at Houston's George Bush Intercontinental Airport periodically advised those in line with departures within four hours to consider rebooking now.
President Trump has long railed against mail-in voting, but used the method this month in a Florida election, public records indicate.
Oklahoma Gov. Kevin Stitt appointed energy executive Alan Armstrong on Tuesday to replace newly confirmed DHS Secretary Markwayne Mullin in the Senate.
The video game maker is cutting 1,000 workers as it struggles to keep players engaged with Fortnite.
Some airlines are issuing waivers for travelers eager to avoid hours-long waits for TSA security screening. Here's what to know.
The National Highway Traffic Safety Administration said the issue can reduce the driver's ability to detect hazards and increase the risk of a crash.
Polymarket tightened its rules after questions surfaced over whether some prediction market customers engaged in insider trading.
Elon Musk unveiled plans for a massive chip manufacturing facility in Austin, Texas, that he said will power his "galactic" aspirations.
In separate visits, President Trump is planning to host monarchs from the United Kingdom and the Netherlands next month.
Overhead announcements at Houston's George Bush Intercontinental Airport periodically advised those in line with departures within four hours to consider rebooking now.
President Trump has long railed against mail-in voting, but used the method this month in a Florida election, public records indicate.
Oklahoma Gov. Kevin Stitt appointed energy executive Alan Armstrong on Tuesday to replace newly confirmed DHS Secretary Markwayne Mullin in the Senate.
The Senate is closing in on a deal to fund the bulk of the Department of Homeland Security and end the partial government shutdown that has stretched for six weeks.
Doctors fear that skepticism, fueled by anti-science sentiment and mistrust, is extending beyond vaccines to other proven, routine care.
Transit Officer Paul DeGeorge thought his son was lying on him. Then he realized something much scarier was happening.
A judge blocked a set of changes to the childhood vaccine schedule recommended by allies of Health and Human Services Secretary Robert F. Kennedy, dealing a setback to the Trump administration's efforts to overhaul federal vaccine policy.
Patchwork state policies and limited federal oversight have led to a fragmented system for tracking organ donor status.
Spencer Laird was diagnosed with colon cancer at 26. At 30, he was told it had returned and spread to his lungs, with one tumor the size of a golf ball.
In separate visits, President Trump is planning to host monarchs from the United Kingdom and the Netherlands next month.
Researchers in Cambodia surveyed dozens of previously unexplored caves and found several species never seen before, including a pit viper that is still being studied.
A shadowy group claiming antisemitic attacks in Europe amid the Iran war tells CBS News it will target "U.S. and Israeli interests worldwide."
The foreign ministry said in a statement it agreed after a letter from his family that Dennis Coyle "would be pardoned and released" for Eid.
Eugene de Kock testified that one of the police officers implicated in the killings had asked him to help assist with a cover-up.
A new documentary examines the artificial intelligence boom and its potential risks to humanity, featuring interviews with top AI company CEOs and other experts. Co-director Charlie Tyrell and producer Ted Tremper join CBS News to discuss the making of the film, "The AI Doc: Or How I Became an Apocaloptimist."
"The Pitt" star Patrick Ball tells "CBS Mornings" he had been auditioning since 2013 and didn't think his acting dreams were "ever going to happen" when he was cast in the medical drama. He also opens up about how the series is personal for him.
In 2005, the "Friends" star played Valerine Cherish, a washed-up sitcom actress, in the HBO comedy "The Comeback." The show was cancelled, but it earned a cult following, and returned in 2014. Now, "The Comeback" is itself making a comeback.
In this web exclusive, Emmy-winning actress Lisa Kudrow talks with Tracy Smith about "Friends," and her HBO show "The Comeback."
"Friends" star Lisa Kudrow played a washed-up sitcom actress, Valerie Cherish, in the 2005 HBO comedy "The Comeback." The show was cancelled, but it earned a cult following, and then returned in 2014. Now, "The Comeback" is itself making a comeback for a third season. Kudrow talks with correspondent Tracy Smith about her love for playing Phoebe Buffay; her aptitude for "cringe comedy"; and how she found solace following the death of "Friends" castmate Matthew Perry.
A new documentary examines the artificial intelligence boom and its potential risks to humanity, featuring interviews with top AI company CEOs and other experts. Co-director Charlie Tyrell and producer Ted Tremper join CBS News to discuss the making of the film, "The AI Doc: Or How I Became an Apocaloptimist."
Polymarket tightened its rules after questions surfaced over whether some prediction market customers engaged in insider trading.
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.
Elon Musk says he will make chips in the U.S. for use in Teslas and robots. Reuters global aerospace editor Joe Brock joins to discuss.
Elon Musk unveiled plans for a massive chip manufacturing facility in Austin, Texas, that he said will power his "galactic" aspirations.
Researchers in Cambodia surveyed dozens of previously unexplored caves and found several species never seen before, including a pit viper that is still being studied.
The iNaturalist cellphone app not only helps users identify plant, animal and insect species; it also provides invaluable data to scientists studying biodiversity, species decline, and habitat loss. It also provides opportunities for fun: David Pogue joins iNaturalist fan Martha Stewart in a "bioblitz" – a timed competition with other users to spot and ID species.
The song is that of a humpback whale and was recorded by scientists in March 1949 in Bermuda, researchers said.
A new study in the journal Nature says most sea level rise research may have underestimated coastal water heights by an average of 1 foot.
NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
Several Jewish community ambulances were torched in London in a suspected antisemitic arson attack. CBS News' Inaya Folarin Iman reports.
Dayton Webber, a quadruple amputee known as one of the top professional cornhole players in the U.S., is facing a series of charges including first-degree murder. Shanelle Kaul reports on the case against Webber.
Eugene de Kock testified that one of the police officers implicated in the killings had asked him to help assist with a cover-up.
A U.S. Park Police officer was seriously wounded in an ambush shooting in Washington, law enforcement officials said. The officer was targeted, they said.
Prosecutors say the man charged in the murder of Loyola University Chicago student Sheridan Gorman missed his first court appearance Monday as he receives treatment for tuberculosis. CBS News immigration correspondent Camilo Montoya-Galvez has the latest.
NASA's Artemis II rocket is back on the launch pad after repairs inside the massive Vehicle Assembly Building at the Kennedy Space Center. Early next month, NASA will try, for a second time, to send a crew of four on a flyby of the moon. Mark Strassmann has more.
A possible meteorite crashed into a Houston area house on Saturday night, tearing through the roof and two stories of the home, officials said.
Retired NASA astronaut and Air Force Col. Eileen Collins joins "CBS Saturday Morning" to discuss her groundbreaking journey to become the first woman to pilot the Space Shuttle and the first to command a Space Shuttle mission.
After a trip back out to the launch pad, NASA's Artemis II rocket will be readied for a historic flight to the moon.
A meteoroid was spotted streaking across the sky in 10 states. In some areas, there was also a loud boom, similar to an explosion. NASA says the meteor, which was traveling 45,000 mph in the sky, fragmented - causing the bright fireball and loud boom.
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.
Secretary of State Marco Rubio is testifying against his friend and former Florida Rep. David Rivera, who is accused of secretly lobbying for the Venezuelan government. CBS News' Cristian Benavides has more.
President Trump met with Republican senators on Monday night to discuss Department of Homeland Security funding as the partial shutdown continues. Meanwhile, Mr. Trump also signaled he was open to a deal with Iran. CBS News' Taurean Small and Natalie Brand have the latest.
The University of Southern California canceled the gubernatorial debate it was set to host on Tuesday following backlash over the exclusion of candidates of color. The school says its methodology for choosing candidates, designed by a professor, was "air tight." CBS News' Fin Gomez has more.
Several Jewish community ambulances were torched in London in a suspected antisemitic arson attack. CBS News' Inaya Folarin Iman reports.
An Iranian official told CBS News that Tehran received "points from the U.S. through mediators" after initially denying President Trump's claims that the U.S. and Iran were in talks. CBS News' Ed O'Keefe and Chris Livesay have more.