Economists fear "double dip" recession is coming
Job losses may accelerate, experts warn, if Washington politicians fail to pass a stimulus bill by the end of the year.
Economy
New jobless claims rise as coronavirus surges
There was another increase in new unemployment claims last week, as the coronavirus pandemic continues to head in the wrong direction. Feeding America predicts over 50 million Americans will have faced hunger by the end of the year. Mark Hamrick, senior economic analyst at Bankrate, joins CBSN to discuss the state of the economy.
What can states do to save jobs? Order people to mask up
State requirement to cover up helps lift consumer confidence and boosts local economic growth, study finds.
New Mexico passes $330 million coronavirus relief bill
The largest appropriation of the bill will go directly to all types of unemployed workers in the form of a one-time $1,200 check and up to $50,000 for certain businesses.
Trump brags about stock market as transition underway
President Trump made a sudden and strange appearance at the White House briefing room to highlight the stock market as the Dow soared on news that an official transition to President-elect Biden is underway. Ben Tracy reports.
What's the status of a second $1,200 stimulus check?
Negotiations for another stimulus package are likely to resume, but analysts predict a smaller round of funding.
Retailers reinvent holiday shopping amid pandemic
To boost sales, retailers are taking measures to reassure customers it's safe to shop in their stores amid the coronavirus pandemic, including plexiglass shields, increased cleaning, curbside pickup and shopping reservations to limit the number of people in stores. Meg Oliver takes a closer look.
Biden to tackle economic woes amid COVID-19 surge
President-elect Joe Biden will be inheriting a severely damaged economy as coronavirus cases surge across the country. Right now, more than 20 million Americans are getting some form of unemployment assistance, but for millions of them, that money will soon run out. Idrees Kahloon, the U.S. policy correspondent for The Economist, joins CBSN to discuss what this means for the incoming Biden administration.
One-quarter of Americans in poverty or jobless
The inability to earn a living wage is creating an economic headwind for the nation, one expert says.
Unemployment claims rose last week
After weeks of heading in the right direction, the number of new unemployment claims filed in the U.S. increased by 31,000 during the week ending November 14. Frances Stacy, director of portfolio strategy at Optimal Capital, joins CBSN with more on what these numbers mean and how a stimulus deal or lack thereof could affect the economy.
How a Long Island county tackled the pandemic
In a piece for The New Yorker magazine, Nassau County Executive Laura Curran discussed the earliest days of the pandemic in her Long Island community and how she and other local officials worked to keep their citizens safe. She joins CBSN to talk about her experience, what her county needs from the federal government, and how she hopes people can protect themselves during the holidays.
Officials struggle to contain COVID's spread
Officials coast to coast are struggling to contain the pandemic's spread, as many enact new restrictions amid growing concerns for their economies. Omar Villafranca reports.
Biden outlines economic response to pandemic
President-elect Joe Biden spoke in Delaware on Monday after meeting with business and labor leaders about the incoming administration's economic agenda. He warned of a "very dark winter" ahead, and urged the Trump administration to begin collaborating with his transition team on plans for distribution of a COVID-19 vaccine. Watch his remarks.
Trump continues to refuse to concede
President Trump is still refusing to concede the election, even falsely claiming "I WON" in a tweet that was quickly flagged by Twitter. CBS News White House correspondent Weijia Jiang joins CBSN with more on the impact this is having on the transition to the Biden administration.
COVID-19 case surge threatens the U.S. economy
Coronavirus cases are surging in America, which is threatening the U.S. economy while many Americans are struggling to make ends meet. Michael George reports.
Biden to announce his transition team
President-elect Joe Biden and Vice President-elect Kamala Harris will deliver remarks Monday on their long term plans for the country and are set to announce his Cabinet picks in the coming weeks. Nikole Killion has the latest.
COVID-19 infections rise in all 50 states
New coronavirus cases topped 150,000 in one day, and a model often cited by the White House projects the pandemic death toll could hit 440,000 by March 1. Nikki Battiste has the latest.
Jobless claims and state of the economy
Jobless claims declined last week, but 709,000 Americans still filed for first-time unemployment. Lori Bettinger, president of BancAlliance and former director of the Troubled Asset Relief Programs during the Obama administration, joined CBSN to discuss what the current state of the economy could mean for President-elect Joe Biden's future administration.
Biden and the economy: What it means for your wallet
The incoming Biden administration will face a host of economic challenges — COVID-19 and partisan politics won't help.
U.S. reports record COVID-19 cases in one day
More than 100,000 new coronavirus infections were reported this week, breaking a daily case record. Nikki Battiste reports.
Fewer jobless claims filed last week
The latest jobs report from the Department of Labor shows 751,000 Americans filed for unemployment in the week ending October 31, a decrease of 7,000 claims from the week before. Mark Hamrick, senior economic analyst for Bankrate, looks at what these numbers mean for our economy.
Top issues for 2020 voters
According to CBS News exit polling, the top issue for Biden voters was getting control of the coronavirus pandemic, while President Trump's supporters were more concerned with the economy. CBS News chief Washington correspondent Major Garrett helps break down some of the early exit polling on Election Day.
Biden economic adviser on path forward
Public health and economic crises are driving voters to the polls in record numbers this election. BIden campaign surrogate and former White House economic adviser Austan Goolsbee joins CBSN with a look at the differences in the policy paths offered by the two candidates.
White House trade adviser on economic growth
The U.S. Gross Domestic Product grew by 7.4% in the third quarter, meaning the country has recovered about two-thirds of economic activity lost due to the coronavirus pandemic. The news comes as President Trump and Joe Biden make their final pitches to voters on the eve of Election Day. Peter Navarro, director of the Trump administration's Office of Trade and Manufacturing Policy, joined CBSN to discuss.
Economic recovery a key issue in campaign
President Trump is celebrating the third-quarter economic rebound from the low point brought on by the coroanvirus pandemic. CBSN political reporter Caitlin Huey-Burns and Washington Post political reporter Jacqueline Alemany spoke to "Red and Blue" host Elaine Quijano about why the latest GDP number is not all it appears, plus the latest on legal challenges to voting rules in several key states.
Abdul El-Sayed, Mike Rogers make final pitch to Michigan voters
Live
Trump to speak at D.C. Reflecting Pool as campaign nears finish line
Stevens endorses Rogers amid rift with El-Sayed
Live
Iran says "ball is in the U.S. court" on any deal to end the war
Exclusive
Lindsay Clancy's attorneys reveal details about her condition
Jet from Texas crashes near homes in Palm Beach, Florida, killing 9 on board
Exclusive
Creditor has "taken control" of forever cruise
U.S. sanctions push Cuba to the brink, with healthcare at risk
