S&P 500 reaches new high, defying economic gloom
Benchmark index surpassed its previous record on February 19 amid expectations for an economic rebound in 2021.
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Benchmark index surpassed its previous record on February 19 amid expectations for an economic rebound in 2021.
As the Labor Department released new unemployment numbers, a Monmouth University poll reveals a sharp shift in views on race along party lines. CBS News 2020 campaign reporter Nicole Sganga joins Elaine Quijano on CBSN's "Red & Blue" to discuss the latest on the campaign trail and the future of the president's rallies.
President Trump gave a campaign speech in Mankato, Minnesota, where he touted his administration's response to the coronavirus pandemic and efforts to revive the U.S. economy. Watch a portion of his remarks.
Goldman Sachs expects stocks to rise even farther, predicting an economic resurgence in 2021.
House Speaker John Boehner, R-Ohio, says a public discussion about the merits of tax reform will be "healthy."
President Obama designated Chicago and Canton, Mich., as new high-tech manufacturing hubs that bring together the resources of government, business and universities to maximize innovation the field.
A report released by the Congressional Budget Office found that President Barack Obama’s plan to raise the minimum wage to $10.10 could slow job growth even as it lifts some low-income Americans out of poverty. Nancy Cordes reports.
In this year's address, President Obama discussed the state of the U.S. economy, immigration reform and plans for a minimum wage hike, and offered a vigorous defense of his health care plan. Scott Pelley, Norah O'Donnell, Bob Scheiffer and Major Garrett offered analysis from Washington.
CBS News business analyst Jill Schlesinger joins “CBS This Morning: Saturday” to discuss the biggest challenges facing Janet Yellen as she prepares to succeed Ben Bernanke as the chair of the Federal Reserve.
Clarissa Garcia-Jewett, a Florida woman who has been out of work for more than six months, explains why, despite her best efforts, finding a new job has been difficult.
Miss the second half of the show? The latest on the 2014 agenda in Washington, from Obamacare to unemployment benefits with a panel of experts.
As we head into 2014, the economy may be in recovery, but that hasn't made finding a job any easier for millions of unemployed Americans. Barry James, president of James Investment Research, weighs in on the current state of the job market.
Empty hotels and lost productivity were just two side effects of the polar vortex that sent temperatures plunging to record lows across the country. Some retailers worry homeowners' high heating bills could hurt sales. Dean Reynolds reports.
CBSNews.com Executive Washington Editor Steve Chaggaris talks with RealClearPolitics Political Reporter Caitlin Huey-Burns about what – if anything – Congress will accomplish in 2014 as midterm elections approach.
With the budget debates raging and congressional approval at all time lows, what are the biggest issues that American voters are concerned with? CBS News Elections Director Anthony Salvanto breaks down the poll numbers.
One of the most predictable indicators of whether an incumbent president is reelected -- the strength of the economy in the second quarter of an election year -- is offering a grim outlook for President Trump's reelection prospects in November. CBS News White House reporter Katie Watson joins CBSN's Elaine Quijano to discuss why election experts look at this number as a harbinger of what may happen in November.
It's no longer teens who dominate minimum wage jobs, but adults - many of them with children. It's become increasingly clear that the minimum wage is far from a living wage in today's economy. Erin Moriarty of "48 Hours" examines workers who are fighting to increase the federal minimum wage, and the companies who are pushing back.
President Obama urged Congress to hold off on passing new sanctions against Iran as talks about that country's nuclear program continue. "Let's test how willing they are to actually resolve this diplomatically and peacefully," he said.
The Supreme Court announced it will not hear a case involving an internet sales tax. CBS News contributor Mellody Hobson talks to the "CBS This Morning" co-hosts about the national implications.
While Black Friday sales may have been disappointing, Cyber Monday saw new record highs. Charlie Rose and Norah O'Donnell report.
For the first time ever, the Dow Jones broke through three thousand-point milestones in the same year. Analysts say this is a signal that the economy is getting better, but some warn of another tech bubble. Anthony Mason reports.
CBS News contributor and analyst Melody Hobson joins "CBS This Morning: Saturday" to discuss new lending rules taking effect in 2014 that may prevent some prospective homebuyers from getting a mortgage.
An additional 963,000 Americans filed new unemployment claims for the week ending August 8th. This is the first week since March that initial jobless claims dropped below 1 million. Frances Stacy, the director of portfolio strategy at Optimal Capital, joined CBSN to break down the numbers.
Fewer than expected people filed for unemployment last week, though numbers remain far higher than before the pandemic.
Research shows money habits are set by the age of seven. CBS News business analyst Jill Schlesinger discusses the importance of teaching children to be financially literate, plus how and when to introduce them to different concepts surrounding money.