Unemployed African Americans feel virus' impact
The good news on the unemployment rate wasn't felt by all Americans. For black workers, the rate continued to rise in May. Mark Strassmann reports.
Economy
Trump touts economic progress
President Trump is touting economic progress after new numbers show the unemployment rate declined to 13.3% in May. CBS News White House correspondent Weijia Jiang joins CBSN to talk about the latest.
Nearly one in five say coronavirus has caused financial hardship
Lower-income Americans are more likely to feel hardship, according to latest CBS News poll.
Dallas bishop warns of "dangerous time" as U.S. faces 3 crises
Jakes urged people to be "vigilant" amid the health, economic and sociological crises.
With virus crisis abating, Europe looks to get back to open borders
Italy, keen to see tourists return, drops quarantine order for travelers from most of Europe as Germany prepares to ease advice against travel.
Coronavirus pandemic could haunt economy until 2029, CBO says
Economic shock could last longer than initially forecast unless Congress intervenes, the nonpartisan agency said.
Americans see differences in police treatment of whites, blacks
Trump tweets are seen as divisive by Americans, according to latest CBS News poll.
Poll: Americans worry COVID outbreak will worsen amid reopening
Americans continue to say the virus is having a disproportionate impact among minority communities.
New York City to begin reopening in June
A new study says more than two million New York residents may have been infected with the coronavirus by the end of March, far more than previously reported. New York City, which has been the epicenter of the virus, is expected to start the first phase of reopening next week. Tom Hanson reports on what New York's reopening is expected to look like, as well as reopenings around the country.
Fed chief: Virus hurting "those least able to bear its burdens"
Inequality is deepening the economic impact of COVID-19 on American workers, U.S. central bank chairman said.
Consumer spending plunges as Americans hoard cash
Record-busting drop in consumer spending last month in the U.S. is equivalent to the yearly economic output of Russia.
Moderna execs made millions on vaccine announcement
Moderna's CEO and other executives made millions selling stock after the company's COVID-19 vaccine announcement. CBS News MoneyWatch senior reporter Stephen Gandel joins CBSN's Tanya Rivero with the latest.
U.S. unemployment applications rise again
Another 2.1 million Americans applied for unemployment benefits last week, although job losses are starting to slow. CBS News business analyst Jill Schlesinger explains what the numbers mean.
Women bear the brunt of COVID economic hardships
"Face the Nation" moderator Margaret Brennan sat down with Dr. Nicole Mason, president and CEO of the Institute for Women’s Policy Research, to find out why women have been disproportionately impacted by job losses over the last few months
SpaceX takes over small community in Texas
SpaceX broke ground on a facility in Boca Chica, Texas, in 2014. While the move has brought some economic development to the area, there's also been some concerns from residents who say SpaceX is tearing their town apart. Freelance journalist Rachel Monroe joins CBSN to discuss what it’s like living in the shadow of the aerospace company.
Economy took biggest fall in more than 50 years, Chicago Fed says
According to the Labor Department, one in four American workers filed for jobless benefits in the last 10 weeks.
Stocks are on a roll even as the economy tanks — here's why
Stock market has surged 35% since a mid-March low as investors hang their hopes on an economic recovery.
Cuomo warns of economic "pain"
Governor Andrew Cuomo warned Tuesday that New Yorkers are "going to see pain" as the economy comes back from the coronavirus pandemic. Speaking at the New York Stock Exchange in Manhattan, Cuomo said that even though the state has started to reopen, the economy isn't going to "just bounce back."
Testing left to states as businesses reopen
As many Americans took advantage of the three-day weekend to visit beaches and newly reopened businesses, the World Health Organization warned moving too fast could lead to an "immediate second peak" of coronavirus infections. CBS News White House correspondent Paula Reid joined CBSN to discuss the Trump administration's strategy.
NYSE trading floor reopens
The New York Stock Exchange has reopened its trading floor. Trading has been happening online since March 23, but some traders are back at work in person today with safety precautions in place. Melissa Armo, CEO and founder of The Stock Swoosh, joined CBSN to talk about the latest.
Trump responds to critics of him golfing
President Trump commemorated Memorial Day at Arlington National Cemetery and Baltimore's Fort McHenry. It comes just after the Trump administration imposed new restrictions on travelers to the U.S. from Brazil, as that country sees a surge of coronavirus infections. CBSN political contributor and White House reporter for The Associated Press Zeke Miller joins CBSN with the latest developments.
Feds cut off early looks at economic data for news media
For decades, reporters had early access to highly anticipated releases, such as the monthly jobs report. No longer.
ICYMI: Top takeaways from this week's "Face the Nation"
This week we sat down with National Security Adviser Robert O'Brien, former DHS Secretary Michael Chertoff and FDA Commissioner Dr. Scott Gottlieb for the latest on the battle against COVID-19.
Chertoff on D.C. reopening
Michael Chertoff says that as decline continues, Washington D.C. should be able to reopen in "about a week."
Wyndham CEO calls for "more flexibility" in PPP program
Geoff Ballotti says his hotels and resorts are "cleaner than they've ever been" as the country begins reopening.
Exclusive
Newly obtained footage shows Iran attack on major U.S. post in Kuwait
Maduro expected to face new charges of torture of Americans in Venezuelan prisons
Christa Pike has pneumonia, unable to move arms after botched execution, lawyers say
Tropical Storm Isaias forms in Gulf, could reach U.S. as hurricane this weekend
Live
Vance appears to soften U.S. demands on Iranian nuclear enrichment
Investigation
Congress tried to stop surprise medical bills. It created another problem.
Trump pitches Trump International Golf Course for site of "presidential retreat"
FBI concerned alleged Chinese agent is serious flight risk, sources say
