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Economy

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Working class family homeless after job loss

A California couple who lost their jobs two years ago have found themselves living in a motel with their two children for a year as they struggle to recover their financial situation like hundreds of families all over the state. More than 17,000 children are estimated to be homeless in just the Los Angeles Unified School District alone. Maria Elena Salinas speaks to the family as part of CBS News' Eye on America series exploring the country's ongoing homeless crisis.

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Coronavirus' impact on the U.S. economy

Coronavirus quarantines in China have had a significant impact on the global economy. In Los Angeles, where 40% of all shipped imports enter the country at the U.S.' largest port, traffic is slowing down and affecting job earnings as factory shutdowns are taking a toll on the supply chain. Everything from the automotive industry to the toy industry are taking a hit. Jill Schlesinger joins "CBS This Morning" to explain how U.S. consumers could feel the economic impact of the coronavirus.

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