Stimulus cash could help save public jobs
More than 1.2 million public sector workers are out of a job thanks to the pandemic.
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More than 1.2 million public sector workers are out of a job thanks to the pandemic.
On "Facing Forward," Margaret Brennan talks with IMF Chief Economist Gita Gopinath on worldwide recovery efforts in the fallout of the coronavirus pandemic.
Powell called global vaccination efforts "not only the right thing to do, it's also the smart thing to do."
Some Americans still do not have proper access to high-speed internet, which puts a strain on the economy and is leaving minorities and low-income families with an education deficit. President Biden's $3 trillion infrastructure plan could begin to tackle the issue, but there is still more to be done. CBS News political contributor and BluePrint Strategy founder Antjuan Seawright and Simmons University associate professor Colin Rhinesmith joined CBSN's Lana Zak to discuss.
Polls show half of New York City's likely voters are still undecided about who they'll back in the June 22 Democratic primary for mayor. Ray McGuire is one of eight major candidates seeking the nomination. He spoke with CBSN's Tanya Rivero about the race and why he believe he's the best fit for the nation's biggest city.
Governor Gavin Newsom said the Golden State must keep the COVID vaccine supply sufficient and keep hospitalizations stable and low.
California Governor Gavin Newsom is outlining plans to reopen his state's economy on June 15. Carter Evans speaks with him about why that's now possible, and what could stand in the way.
CBSN takes a look at the pros and cons of waiting to file now that the government has moved the deadline until May 17th. We'll also look ahead to what taxpayers should be doing in 2021 to help offset their tax burden as the economy makes an expected recovery.
Cecilia Rouse, the chair of the Council of Economic Advisers, says the American Jobs Plan "meets the needs of a 21st century economy."
President Biden unveiled his $2 trillion infrastructure plan last week, which he said could create 19 million jobs.
The following is a transcript of an interview with Cecilia Rouse, chair of the Council of Economic Advisers, that aired Sunday, April 4, 2021, on "Face the Nation."
President Biden shared an optimistic message for Americans hit hard by the pandemic while discussing the March jobs report Friday. CBS News Chief White House Correspondent Nancy Cordes joins CBSN's Lana Zak to discuss.
Biden is pitching increasing the corporate rate to 28% to help pay for his infrastructure plan.
President Biden unveiled an ambitious $2 trillion infrastructure plan. Part of the legislation is aimed at fixing the nation's roads and bridges and creating more affordable housing. The White House says the plan would create millions of jobs, but lawmakers are clashing over how to pay for the proposal. The Biden administration wants to pay for it through an increase in the corporate tax rate, which has already led to opposition from some Republicans. CBS News chief White House reporter Nancy Cordes reports from Pittsburgh, then joins CBSN's Lana Zak with more.
Wall Street bonuses have jumped more than 1,200% since 1985, or 10 times the pace of the federal minimum wage.
A year ago, CBS News interviewed people about the financial struggles caused by the coronavirus. Jericka Duncan checks in with them to see how they are doing now.
Today on "Face the Nation," as President Biden prepares to unveil the next phase of his economic agenda, the continuing threat of COVID and a growing crisis at the border may complicate his plan.
As Venice celebrates its 1600th birthday, the celebrations are muted due to coronavirus restrictions. The city's 20 million yearly tourists have vanished, as has its principal source of income. Chris Livesay reports.
Federal Reserve Chairman Jerome Powell and Treasury Secretary Janet Yellen said Tuesday that the U.S. avoided a major economic crisis thanks to two stimulus packages in 2020 and 2021. CBS News reporter Sarah Ewall-Wice joins CBSN's Elaine Quijano to discuss what was covered during the first part of the two-day hearing.
"The Biden administration is not going to propose policies that hurt small businesses or Americans," said Treasury Department chief Janet Yellen.
Countries around the world have seen a decline in birth rates since the coronavirus pandemic began. Phillip Levine, a professor of economics at Wellesley College, joins CBSN to discuss what's behind the "baby bust" and what impact it could have.
Nearly 80% of job losses during the pandemic have been in industries that have mostly female workforces.
On "Facing Forward," Margaret Brennan talks with Bridgewater Associates founder and billionaire Ray Dalio on turning around an America so deeply divided and drowning in debt.
Washington Post economics correspondent Heather Long joins CBSN's "Red & Blue" anchor Elaine Quijano to explain why millions of people who filed their taxes early are still waiting for their refunds, and how stimulus payments might be causing a delay. The IRS is delaying this year's deadline to May 17.
The former Treasury official who was in charge of the $700 billion government response to the 2008 financial crisis tells 60 Minutes what tools the Federal Reserve can use to combat the economic stress being caused by COVID-19. Scott Pelley reports.