Historic unemployment numbers rattle nation
CBS News' Mark Strassmann reports from Atlanta on the growing crisis.
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CBS News' Mark Strassmann reports from Atlanta on the growing crisis.
Kevin Hassett, the chairman of the Council of Economic Advisers, says job loss from the pandemic represents the "biggest negative shock to the jobs market that we've seen since World War II."
White House economic adviser Kevin Hassett on Sunday predicted the unemployment rate could go beyond 20%. The latest report shows unemployment has already climbed to nearly 15% and more than 20 million Americans lost their jobs in April. Nikole Killion reports.
Americans see different impacts of coronavirus across communities — and in the death toll; many see changes in food prices and differ on origins of virus.
"I think the V–shaped recovery is off the table," Kashkari said in a conversation with "Face the Nation" moderator Margaret Brennan.
White House Press Secretary Kayleigh McEnany defends President Trump's push to reopen states, despite warnings of possible dire consequences by Dr. Anthony Fauci.
Americans foresee a longer timeline to return to normal, and most want a national testing program, according to a CBS News survey.
Nearly 3 million Americans filed new unemployment benefit claims last week, according to the Department of Labor on Thursday. That means more than 36 million workers have filed for unemployment benefits in the past eight weeks. CBS News business analyst Jill Schlesinger explains the significance of the numbers.
Millions of Americans are counting on the coronavirus relief payments, but a range of factors can lower the payout.
Four of the nation's top medical experts gave grim new warnings Tuesday about the dangers of reopening the country too soon. In a Senate subcommittee hearing, Dr. Anthony Fauci said many more could die if states do not prepare adequately. CBS News chief congressional correspondent Nancy Cordes joined CBSN to discuss the response.
Dr. Anthony Fauci and other top federal health officials testified to a Senate committee Monday about the setbacks likely to result if the U.S. reopens the economy too fast. Plus, House Democrats have proposed a new coronavirus relief package. CBS News's Gwen Baumgardner reports, and then political contributor Molly Hooper joins CBSN to talk about the latest reaction on Capitol Hill.
U.S. central bank chief urges Congress to boost relief, saying that a deeper slump "can leave behind lasting damage."
This week we sat down with White House Economic Adviser Kevin Hassett, former Google CEO Eric Schmidt and FDA Commissioner Dr. Scott Gottlieb for the latest on the battle against COVID-19.
Kevin Hassett predicted that the unemployment rate will likely reach its peak in May or June.
As restaurants try to adjust to new restrictions amid the coronavirus pandemic, some are getting creative with new ideas like car hops and TV dinners. Carter Evans reports.
Nevada is one of the latest states to reopen, with the governor allowing non-essential stores to resume with restrictions. But not all states are racing to fully open as people continue to protest in states like Washington, where hundreds turned out to say the economic damage has already been done. Jonathan Vigliotti reports.
The following is a transcript of an interview with University of Virginia President Jim Ryan, that aired Sunday, May 10, 2020, on "Face the Nation."
The following is a transcript of an interview with former Google Chairman and CEO Eric Schmidt that aired Sunday, May 10, 2020, on "Face the Nation."
The following is a transcript of an interview with White House economic adviser Kevin Hassett that aired Sunday, May 10, 2020, on "Face the Nation."
In an interview with "Face the Nation" moderator Margaret Brennan, Grant Thornton's Chief Economist lays out the bumpy road ahead for the U.S. economy during the pandemic.
The coronavirus crisis "is hitting the lower 60% of the economy much harder than it's hitting the upper 40% of the economy," market analyst Frances Stacy said.
California Governor Gavin Newsom has unveiled his plan to allow small retail stores to open despite a record number of coronavirus cases in California. Carter Evans reports.
A new study is warning that the COVID-19 pandemic could be followed by a wave of deaths from suicide and substance abuse. It predicts that economic hardship, isolation and anxiety could lead to as many as 75,000 additional deaths over the next decade. Dr. Bob Lahita joined CBSN to give insight into the startling numbers.
The U.S. economy lost 20.5 million jobs in April amid the coronavirus pandemic. The national unemployment rate soared to 14.7% last month, the highest since the Great Depression.
On Friday morning, the unemployment report for April will be released, and it is expected to be its highest on record since the Great Depression. Carter Evans is in Los Angeles, where some business owners are concerned reopening is too little, too late.
The service members were participating in African Lion, the largest joint military exercise on the continent.
President Trump told reporters Saturday he is reviewing a new 14-point peace proposal that was submitted by Iran.
The budget carrier Spirit Airlines is ceasing operations after failing to land a $500 million bailout from the Trump administration.
Cherie DeVaux became the first woman to train the winner of the opening leg of the Triple Crown.
A maker of the widely used abortion pill mifepristone asked the Supreme Court on Saturday to block an appellate court ruling that cut off mail-order access to the drug just a day earlier.
Air traffic control audio records showed the exchanges between controllers and the pilots of some of Spirit Airlines' final flights
A vehicle carrying explosives crashed through the front entrance of an athletic club in downtown Portland, Oregon. The driver was killed.
The Burgenland State Criminal Police Office said the suspect was being questioned, and that no further details would be immediately provided.
The performance followed similar shows by Madonna in 2024 and Lady Gaga last year on one of the world's most iconic waterfronts.
Invented in Austria in 1927, PEZ candies were not a hit in the United States, until cartoon characters were added to the dispenser. Today, PEZ makes five billion candies a year, and its dispensers have become collectors' items.
The service members were participating in African Lion, the largest joint military exercise on the continent.
Gloria Choi and her friends called Lakewood, Washington, 911 four times in 48 hours to report her being stalked by an ex-boyfriend. Two days later, he ran her off the road and riddled her truck with bullets as she was on the line with a 911 dispatcher.
Cherie DeVaux became the first woman to train the winner of the opening leg of the Triple Crown.
Held every spring in Louisville, Kentucky, the event is also known for its over-the-top hats and vibrant suits and dresses.
"Sunday Morning" looks at the impacts that increasing numbers of tourists, spurred in large part by social media, are having in some of the world's most popular and fragile destinations.
The company's first-quarter profit more than doubled as the value of its investments grew and most of its businesses improved.
The budget carrier Spirit Airlines is ceasing operations after failing to land a $500 million bailout from the Trump administration.
The deal merged Major League Pickleball and the Carvana PPA Tour, two of the nascent sport's most active entities, under one company, Pickleball Inc.
Ford CEO Jim Farley tells CBS News, "Most of our new models are going to be more affordable versions."
The Republican governors of Tennessee and Alabama called state lawmakers into special sessions on Friday, initial steps in what could be a scramble to redraw congressional maps after the Supreme Court narrowed the Voting Rights Act.
The new measures increase pressure on foreign financial institutions by threatening their access to U.S. markets if they continue to work with Cuban government entities.
A federal judge scolded prosecutors for pushing to move forward with detention proceedings for accused correspondents' dinner gunman Cole Allen, even though Allen agreed to remain in custody.
President Trump said earlier this week he was reviewing the possible reduction of troops in Germany, which hosts more than 35,000 U.S. service members.
A federal judge on Friday blocked the Trump administration from revoking legal protections for more than 2,800 Yemeni nationals.
Many people fear that a family history of dementia dooms them to inevitably suffer the condition themselves. But a new tool, the Brain Care Score, shows how lifestyle changes can be beneficial, cutting the risk of dementia. National Public Radio correspondent Allison Aubrey talks with neurologist Dr. Jonathan Rosand about how making changes to your daily habits might just be the prescription needed.
Many people fear that a family history of dementia dooms them to inevitably suffer the condition themselves. But a new tool, the Brain Care Score, shows how lifestyle changes can be beneficial, cutting the risk of dementia.
Horses can form powerful bonds with people owing to their ability to sense and feel human emotions. Endeavor Therapeutic Horsemanship, in Bedford Corners, N.Y., has programs that help people with disabilities, veterans with PTSD, and the incarcerated through interactions with their horses. "60 Minutes" correspondent Lesley Stahl reports.
Cameron Rider's fatigue, body aches and fever were diagnosed as pneumonia, but he couldn't seem to get better.
A maker of the widely used abortion pill mifepristone asked the Supreme Court on Saturday to block an appellate court ruling that cut off mail-order access to the drug just a day earlier.
"Sunday Morning" looks at the impacts that increasing numbers of tourists, spurred in large part by social media, are having in some of the world's most popular and fragile destinations.
British police say they are not investigating an explosion that left two dead on Sunday as a terror incident, after officials raised the U.K.'s terrorism threat level.
The service members were participating in African Lion, the largest joint military exercise on the continent.
The Burgenland State Criminal Police Office said the suspect was being questioned, and that no further details would be immediately provided.
The performance followed similar shows by Madonna in 2024 and Lady Gaga last year on one of the world's most iconic waterfronts.
"Sunday Morning" remembers some of the notable figures who left us this week, including songwriter David Allan Coe, famous for his country hit "Take This Job and Shove It."
A new exhibition on the life of Wolfgang Amadeus Mozart, at the Morgan Library and Museum in New York City, illuminates the man and his immortal works – from his first compositions created at age five, to personal objects, manuscripts and letters, to the instruments upon which he composed his immortal music. Jane Pauley reports.
The performance followed similar shows by Madonna in 2024 and Lady Gaga last year on one of the world's most iconic waterfronts.
Spirit Airlines announced it will cease operations after failing to secure a federal bailout. Meanwhile, President Trump rejected Iran's latest peace proposal.
Attending this year's Kentucky Derby meant more for thoroughbred expert Mark Toothaker, who suffered a seizure from laughing at a whiffed NFL field goal attempt that led to a lifesaving diagnosis.
"Sunday Morning" looks back at historical events on this date.
Powerful artificial intelligence data centers are putting a significant strain on the nation's power grid, but one U.S.-based company has a proposal to help solve the issue. Jon Parella, CEO and founder of Terraflow Energy, joins to discuss.
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.
Apple's latest earnings report beat Wall Street expectations. CBS News contributor Patrick McGee joins with more.
Elon Musk's testimony concluded Thursday in his lawsuit against OpenAI. Nicholas Thompson, CEO of The Atlantic and host of "The Most Interesting Thing in AI" podcast, joins "The Takeout" with analysis.
Bill Nye The Science Guy, the chief ambassador of The Planetary Society, joins CBS News 24/7 Mornings with more after meeting the Artemis II crew in person after their successful mission around the moon.
The Trump administration has fired all 22 current members of an independent board that oversees the National Science Foundation, one dismissed member says.
Archaeologists found the victim holding a terracotta mortar, which they interpret as an improvised attempt to shield his head.
Rapid development has been shrinking the jungle habitat of the critically endangered species, and fatal conflicts with people have been increasing.
The carnivorous Venus fly trap is native to the Carolinas, but its population is dwindling due to loss of habitat. Correspondent Seth Doane talks with botanist Julie Moore, who has spent much of her life helping to save these remarkable plants; and with Damon Waitt, director of the North Carolina Botanical Garden, who discusses the unusual traits of a species that Charles Darwin called the most interesting plant in the world.
Gloria Choi and her friends called Lakewood, Washington, 911 four times in 48 hours to report her being stalked by an ex-boyfriend. Two days later, he ran her off the road and riddled her truck with bullets as she was on the line with a 911 dispatcher.
New video shows the alleged White House Correspondents' Dinner shooter breaching event security after roaming the hotel hallways prior to the dinner.
Keir Starmer said he would always defend the right to protest, but that there may be instances where some marches should be banned.
Friday marked exactly three months since Nancy Guthrie, the mother of "Today" show co-host Savannah Guthrie, was reported missing. Briana Whitney, a breaking news reporter for the Crime Junkie podcast, joins "The Daily Report" with more.
For more than 100 years, the White House Correspondents' Dinner has celebrated the First Amendment and freedom of the press. The annual event is also a fundraiser for journalism scholarships. This year, the White House Correspondents' Association awarded $156,000 in grants to 30 college students. Two recipients, Kaitlin Bender-Thomas and Madison Maynard, join "The Daily Report" to discuss the shooting.
The Artemis II team gained a new member, and the crew made sure their youngest teammate had the right stuff for space.
The Artemis II astronauts said they actually really enjoyed the space food, but it was a familiar candy they enjoyed after splashing down in the Pacific Ocean.
The plumbing issues aboard the Orion capsule became headline news in the early days of the historic Artemis II mission.
The Artemis II astronauts joined "CBS Mornings" for a live town hall where they took questions from kids just weeks after returning from their historic moon mission.
SpaceX's most powerful operational rocket boosted a high-speed ViaSat internet data relay satellite into space to complete a globe-spanning constellation.
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.
In the sandhills of western Nebraska, cattle ranchers Mike and Kayla Wintz were afraid they would lose their livelihood when the largest wildfire in the state's history burned their 11,000 acres of grazing fields. But then, in remarkable examples of empathy, charity and grace, anonymous donations of hay started arriving by the truckload. Steve Hartman reports.
PEZ candies were invented in Austria in 1927, but the mints were not a hit in the United States, until cartoon characters were added to a dispenser that ejected fruit flavors. Today, PEZ makes five billion candies a year, and its dispensers have become collectors' items. Correspondent Luke Burbank talks with PEZ historian Shawn Peterson, and collector Brian Trauman, who holds the Guinness World Record for most PEZ dispensers – 6,481 and counting.
"Sunday Morning" remembers some of the notable figures who left us this week, including songwriter David Allan Coe, famous for his country hit "Take This Job and Shove It."
A new exhibition on the life of Wolfgang Amadeus Mozart, at the Morgan Library and Museum in New York City, illuminates the man and his immortal works – from his first compositions created at age five, to personal objects, manuscripts and letters, to the instruments upon which he composed his immortal music. Jane Pauley reports.
Many people fear that a family history of dementia dooms them to inevitably suffer the condition themselves. But a new tool, the Brain Care Score, shows how lifestyle changes can be beneficial, cutting the risk of dementia. National Public Radio correspondent Allison Aubrey talks with neurologist Dr. Jonathan Rosand about how making changes to your daily habits might just be the prescription needed.