Dallas Fed president sees high unemployment through 2020
Dallas Federal Reserve Bank President Robert Kaplan says the unemployment rate could be "as high as 8% or more" at the end of 2020.
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Dallas Federal Reserve Bank President Robert Kaplan says the unemployment rate could be "as high as 8% or more" at the end of 2020.
Missed the second half of the show? The latest on coronavirus, Juneteenth and racial turmoil
The following is a transcript of an interview with Tapestry CEO Jide Zeitlin that aired Sunday, June 21, 2020, on "Face the Nation."
The former FDA commissioner says regional outbreaks "can mount very quickly, as we saw in New York."
President Trump said the U.S. economy is rebounding from the coronavirus pandemic ahead of his Tulsa rally. Dr. Anthony Fauci, however, has signaled concern about the likelihood of the virus spreading at a mass gathering.
Many child care centers across the country are resuming business as states enter new phases of reopening their economies, but some parents are still weighing the risks of sending their kids. Sandy Weathersbee, owner of Providence Preparatory School in Charlotte, North Carolina, joined CBSN to discuss how they're managing.
Missed the second half of the show? The latest on policing, the spread of coronavirus and unemployment rate
More than 2 million Americans either filed unemployment claims or sought aid for the self-employed last week. Frances Stacy, director of portfolio strategy at Optimal Capital, joins CBSN to talk about the new numbers and progress towards reopening the economy.
America has now fallen behind Canada, Denmark and Sweden, among other nations.
Landmark decision will increase consumer spending and ease financial stress for millions of Americans, economist says.
Federal Reserve chair says the risk to small businesses from the pandemic is acute.
The following is a transcript of an interview with Dallas Federal Reserve Bank President Robert Kaplan that aired Sunday, June 14, 2020, on "Face the Nation."
Northern California community exemplifies the complexity of reopening for business while COVID-19 stalks the land.
States across the country are reopening businesses after months of lockdown due to the coronavirus pandemic. San Antonio, with the rest of Texas, began reopening in May and could provide a snapshot of what's to come for other American cities. Scott Pelley reports.
Central bank expects unemployment to remain above by 9% by year-end and for joblessness to remain elevated into 2022.
Economic crash is forcing a growing number of companies to file for Chapter 11, including major consumer brands.
The economists said employment peaked in February and fell sharply afterward, marking the beginning of the downturn.
Although the job market has likely touched bottom, how fast it breaks for the surface is anyone's guess.
States across the country are reopening businesses after months of lockdown due to the coronavirus pandemic. San Antonio, with the rest of Texas, began reopening in May and could provide a snapshot of what's to come for other American cities.
The U.S. economy added 2.5 million jobs in May, stunning experts who anticipated losses on the scale of the Great Depression. Jill Schlesinger joins "CBS This Morning: Saturday" to discuss the new 13.3% unemployment rate and the outlook for Americans and the country as it recovers from the coronavirus pandemic.
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.
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.
Lower-income Americans are more likely to feel hardship, according to latest CBS News poll.
Jakes urged people to be "vigilant" amid the health, economic and sociological crises.
Italy, keen to see tourists return, drops quarantine order for travelers from most of Europe as Germany prepares to ease advice against travel.
"You come first," declares the new anchor of the Evening News. "Not advertisers. Not politicians. Not corporate interests — including the new owners of CBS."
As U.S.-Iran tension soars, Trump warns violence against protesters could bring an American intervention: "We are locked and loaded and ready to go."
Police in Switzerland say a fire at a bar in the Crans-Montana ski resort area is believed to have left about 40 people dead and dozens more injured.
Zohran Mamdani was sworn in early Thursday as the 112th mayor of New York City. The democratic socialist is the city's first Muslim mayor, as well as one of its youngest ever.
"In retrospect, it's too bad I took it because it gave them a little ammunition," President Trump told The Wall Street Journal.
Steep U.S. import duties targeting 13 Italian pasta makers will be sharply reduced, Italy's foreign ministry said on Jan. 1.
Enhanced tax credits that have helped Americans offset the cost of Affordable Care Act health insurance for the last four years expired overnight.
A woman was killed in what appears to be the first fatal mountain lion attack in Colorado in nearly 30 years.
A viral social media video has put Minnesota's long-running fraud scandal at the center of the national conversation. Here's what to know.
Esther Jane Stephen, a high school softball coach, was arrested in 2020 in the fatal shooting of her former fiancé Shea Briar in Jay County, Indiana. Prosecutors say Stephen, known as E.J., had attempted to kill him before with a drink laced with ibuprofen.
A look at bar and nightclub fires in the United States with significant death tolls and similar risks that led to the tragedies.
Chinese war games around Taiwan "unnecessarily" spiked tensions in the region, the U.S. State Department said, calling on Beijing to "cease its military pressure."
"In retrospect, it's too bad I took it because it gave them a little ammunition," President Trump told The Wall Street Journal.
The woman was a passenger on the Nieuw Statendam cruise ship, which was roughly 40 miles northeast of Sabana, Cuba, when she went overboard, the Coast Guard said.
Steep U.S. import duties targeting 13 Italian pasta makers will be sharply reduced, Italy's foreign ministry said on Jan. 1.
The one-year delay comes as President Trump has rolled back some other import duties amid affordability concerns.
Enhanced tax credits that have helped Americans offset the cost of Affordable Care Act health insurance for the last four years expired overnight.
Banks, post offices and major stock exchanges will be closed in observance of the federal holiday, but some stores are open.
The levy, which would impose a new 11% tax on the gross fares paid by a cruise ship's passenger, was set to go into effect at the start of 2026.
The Trump administration is aiming to move a planned 90,000-square-foot White House ballroom through the federal government's review process at a rapid clip, with final approvals as soon as early March.
Chinese war games around Taiwan "unnecessarily" spiked tensions in the region, the U.S. State Department said, calling on Beijing to "cease its military pressure."
"In retrospect, it's too bad I took it because it gave them a little ammunition," President Trump told The Wall Street Journal.
The one-year delay comes as President Trump has rolled back some other import duties amid affordability concerns.
Enhanced tax credits that have helped Americans offset the cost of Affordable Care Act health insurance for the last four years expired overnight.
Enhanced tax credits that have helped Americans offset the cost of Affordable Care Act health insurance for the last four years expired overnight.
In 2026, several states are set to prohibit individuals from purchasing certain junk food items using their federal benefits. Meg Oliver has the details.
The Centers for Disease Control and Prevention says 32 jurisdictions are showing "high" or "very high" levels of flu.
Mom-and-pop shops will be exempt from this change, but big manufacturers in California will need to start adding folic acid to tortillas beginning January 1.
The number of Americans with Alzheimer's disease is expected to double from 7 million in 2020 to 14 million by 2060, according to the CDC. However, advances in treatment options are giving more people hope in slowing the decline. Dr. Jon LaPook breaks it down.
As U.S.-Iran tension soars, Trump warns violence against protesters could bring an American intervention: "We are locked and loaded and ready to go."
Chinese war games around Taiwan "unnecessarily" spiked tensions in the region, the U.S. State Department said, calling on Beijing to "cease its military pressure."
The deaths may mark the start of a heavier-handed response by Iran's theocracy over the demonstrations, which have slowed in Tehran but expanded elsewhere.
Pope Leo XIV celebrated a New Year's Day Mass in St. Peter's Basilica and then delivered a special noontime prayer from his studio overlooking the piazza.
Police in Switzerland say a fire at a bar in the Crans-Montana ski resort area is believed to have left about 40 people dead and dozens more injured.
George Clooney and his wife, Amal Clooney, were granted French citizenship because "they contribute, through their distinguished actions, to France's international influence and cultural outreach," the French government said.
Here are the significant books, films and characters joining the list of works in the public domain on Jan. 1, 2026.
The hit series "The Pitt" has earned praise for its realistic look at the pressures facing health care workers. Chief medical correspondent Dr. Jon LaPook spoke to the star of the show, Noah Wyle, for "CBS Sunday Morning." Wyle talked about how the cast prepared for their roles beyond learning their lines before shooting the series even began.
Here's what to know about the lineup of performances scheduled for New Year's Eve, as crowds gather in Times Square to ring in 2026.
Isiah Whitlock Jr. is perhaps best known for his role as state Sen. R. Clayton "Clay" Davis on HBO's "The Wire."
Arizona is fast becoming a major hub for computer chip production thanks to what's being called the largest foreign direct investment in U.S. history. Kris Van Cleave takes us to a sprawling campus in Phoenix that is providing thousands of jobs while reducing America's reliance on overseas products.
The company's investment in safety prevention comes amid growing concerns over the potential harm of artificial intelligence.
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.
Instacart says its ending its controversial system of using AI price tests for retailers. Earlier this month, an investigation by Consumer Reports and progressive think tank Groundwork Collaborative found that Instacart's algorithmic pricing charged various prices for the same item from the same store. Jo Ling Kent reports.
Massive tech companies wanting to build more data centers in the U.S. are lobbying for support among Americans, according to a recent report by POLITICO. Gabby Miller joins CBS News with more on her reporting.
2025 was the third hottest year on record and pushed Earth past a critical climate change mark, scientists say.
The Trump administration intends to dismantle one of the world's leading climate research institutions, in Boulder, Colorado, over what it said were concerns about "climate alarmism."
The footage of a bear caring for an adopted cub was captured during the annual polar bear migration along the Western Hudson Bay in Churchill, Manitoba.
Most of the footprints are elongated and made by bipeds. The best-preserved ones bear traces of at least four toes.
NASA continues to aim its space telescopes at the visiting ice ball, estimated to be up to 3.5 miles in size.
Esther Jane Stephen, a high school softball coach, was arrested in 2020 in the fatal shooting of her former fiancé Shea Briar in Jay County, Indiana. Prosecutors say Stephen, known as E.J., had attempted to kill him before with a drink laced with ibuprofen.
After the Trump administration paused federal assistance to child care centers in Minnesota, parents are now wondering if their kids' day care is in jeopardy, as the government investigates fraud claims. Jonah Kaplan has been following this developing story.
There may be millions of documents the Justice Department still needs to release from the case against convicted sex offender Jeffrey Epstein. By law, those files were required to be made public nearly two weeks ago. Scott MacFarlane has the latest.
A Minneapolis day care says that vandals damaged the facility early this week, after a YouTube video purporting to expose fraud among day cares in the Twin Cities metro area went viral.
Patriots star Stefon Diggs is facing charges of strangulation, assault and battery following an incident in Massachusetts earlier this month. Diggs' attorney, David Meier, said in a statement that the wide receiver "categorically denies" the allegations and "looks forward to establishing the truth" in court. CBS News Boston's Aaron Parseghian has more.
NASA astronauts took their first drive on the moon 54 years ago. Now, three companies are competing for a NASA contract to build a new lunar rover for use starting with the Artemis 5 mission in 2030. Kris Van Cleave reports.
NASA is gearing up to send four Artemis astronauts on looping test flight around the moon in 2026.
A German aerospace engineer made history Saturday, becoming the first wheelchair user to go into space when she took a 10-minute trip aboard a Blue Origin rocket.
German engineer Michaela Benthaus is the first person with a significant physical handicap to reach space.
President Trump withdrew Isaacman's nomination for NASA administrator in April, before nominating him again in November.
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.
Prosecutors allege an Indiana high school softball coach enlisted a former player in a plot to murder her ex-fiancé in January 2020. Anne-Marie Green reports for "48 Hours."
Enhanced tax credits that have helped reduce the cost of health insurance for the vast majority of Affordable Care Act enrollees expired overnight as 2026 arrived, cementing higher health costs for millions of Americans at the start of the new year. Nicole Sganga reports.
In Iran, some are protesting the rising cost of living and clashing with security forces in a number of cities. Elizabeth Palmer has the latest.
Zohran Mamdani was publicly sworn in as the 112th mayor of New York City on New Year's Day. Meg Oliver reports.
A night of celebration in the Swiss Alps ended in tragedy after a fire tore through a ski resort bar, killing at least 40 people and injuring dozens more. Ramy Inocencio reports.