U.S. could lose 14 million jobs: Are we entering a depression?
As layoffs pile up, one Fed estimate said the unemployment rate could top 30% by summer, higher than it was in 1930s.
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As layoffs pile up, one Fed estimate said the unemployment rate could top 30% by summer, higher than it was in 1930s.
The $2 trillion package features forgivable loans and other aid to smaller employers. Some experts say it's not enough.
The provision, reported on by CBS News in May 2019, will give employers the ability to help employees pay off their student loans without being taxed.
Amazon, Instacart and Walmart are among the big companies seeking workers amid surge in demand during the pandemic.
Nearly half say the stock market plunge has affected their personal finances.
A "who's who of energy towns and major resort, leisure and amusement destinations" could face huge problems.
Ashley Gregg, a bartender in Ohio, was let go while still facing medical bills for her young son who died of cancer in 2018.
Richoux said she believes health is more important, and wanted to share a message for other brides: "Just try to stay calm. Know that everything that's going on is bigger than what we can control."
President Trump said the White House will soon be reevaluating guidelines his administration has issued.
This week on 60 Minutes: Scientists rush to develop a novel coronavirus vaccine, the economic emergency created by coronavirus, and why Hungary is paying its citizens to start families
The absence of several senators who are self-quarantining due to the coronavirus sidelined several Republicans who were unable to vote.
For millions of Americans it's unclear just how long the economy, and their livelihoods, will be paralyzed by the coronavirus outbreak
Neel Kashkari ran the bailout program that helped pull the U.S. out of the Great Recession. Now he has advice as the coronavirus leads the U.S. into a new recession.
The former Treasury official who was in charge of the $700 billion government response to the 2008 financial crisis tells 60 Minutes what tools the Federal Reserve can use to combat the economic stress being caused by COVID-19.
As global finances enter an unprecedented free fall, experts, financial investors and business owners talk about weathering the economic storm
Former White House economic adviser Kevin Hassett has offered some bleak economic pictures in the days ahead if businesses remain closed.
Retailer also offering cash bonuses to hourly workers, saying that "many people could use more cash" right now.
National unemployment claims offered a stark preview of coronavirus' impact, but the worst is likely still to come.
Financial markets rose on hopes the federal government will move to prop up the economy. Hurry, Wall Street's saying.
Ashford CEO Monty Bennett says America's hotel industry might need 18 months to recover from coronavirus crisis.
Economists say a severe economic slump is already under way — how deep or how long it will last is anyone's guess.
"We're not leaving town until we have constructed and passed another bill," McConnell said.
Treasury Secretary Steven Mnuchin said the virus outbreak's economic impact on airlines is "worse than 9/11."
"The Fed has to bring the big guns," one analyst said of the central bank's efforts to rescue a slowing U.S. economy.
With the league on hiatus, arena employees and local businesses may have the most to lose.
The U.S. carried out retaliatory strikes against Iran on Friday after Iranian forces hit a cargo vessel in the Strait of Hormuz a day earlier.
Louisianans are voting Saturday in the state's Republican Senate runoff, as two candidates vie to replace Sen. Bill Cassidy, who did not receive enough votes in the primary to advance.
Venezuelans have taken the search for missing loved ones into their own hands, citing a scarcity of government rescuers.
Germany hit a high of 106 degrees on Saturday, according to the country's national weather service.
The heaviest demand on America's water supply isn't data centers or AI. It's from everyday uses such as growing food, watering lawns and flushing toilets.
Two Flint Township, Michigan, parents, are facing several charges, including second-degree murder, in the death of their 7-year-old son, who was 255 pounds and abused and neglected, according to the Genesee County prosecutor.
Abdikerm Eidleh, accused of playing a key role in the Feeding Our Future fraud scheme, was arrested in Somalia after more than four years, federal officials said.
Michigan State Police said law enforcement and Child Protective Services confirmed a report against Pete Buttigieg was unsubstantiated and false.
A California appeals court has upheld Harvey Weinstein's 2022 rape and sexual assault conviction.
Louisianans are voting Saturday in the state's Republican Senate runoff, as two candidates vie to replace Sen. Bill Cassidy, who did not receive enough votes in the primary to advance.
Utah is restricting fireworks as the largest wildfire in the nation grows, fueled by dry conditions and gusting winds.
Wynola Wayne received a special retirement send-off after 58 years as a nurse. One former patient, Marco Houpe, said, "If it wasn't for her then, I wouldn't be here today."
Data from FlightRadar24 showed the plane was no more than 25 feet above the ground during the low pass as it approached the Horseshoe Bay Resort Jet Center airport.
A California appeals court has upheld Harvey Weinstein's 2022 rape and sexual assault conviction.
The race to build AI data centers is leading to a global shortage of memory chips, driving up the cost of personal electronics.
Countries that tax U.S. companies offering digital products and services would immediately face a 100% tariff on their exports to the U.S., President Trump said.
The Modigliani painting "Nu assis au collier" (Seated Nude Wearing a Necklace) sold for $63.9 million, the highest price achieved for a work by the artist sold at auction in Europe, Sotheby's said.
Apple is raising the prices of some MacBooks and iPads, while Microsoft is raising Xbox prices as semiconductor costs surge.
Technology companies are betting trillions of dollars that consumers will open their wallets for AI services. But what if Big Tech is wrong?
Louisianans are voting Saturday in the state's Republican Senate runoff, as two candidates vie to replace Sen. Bill Cassidy, who did not receive enough votes in the primary to advance.
Michigan State Police said law enforcement and Child Protective Services confirmed a report against Pete Buttigieg was unsubstantiated and false.
The U.S. military says it hit Iranian targets over Iran's drone attack on a commercial vessel in the Strait of Hormuz, marking the first American strikes on Iran since the two countries formally agreed to extend a ceasefire last week.
Countries that tax U.S. companies offering digital products and services would immediately face a 100% tariff on their exports to the U.S., President Trump said.
U.S. lawmakers recently grilled Jeffrey Epstein's longtime assistant Lesley Groff about Epstein's use of American Express to book travel for multiple women or girls.
Michelle Williams struggled with high blood pressure and swelling for years before she was finally diagnosed with an unusual condition.
A trove of emails offers a new look at how the Centers for Disease Control and Prevention navigated some of the most controversial decisions of President Trump's second term.
American tennis legend Chris Evert announced that her ovarian cancer had returned in a social media post Thursday.
Some Senate Democrats want to cap the amount beneficiaries in traditional Medicare have to pay toward care, but the move is expected to draw GOP opposition for potentially adding billions to Medicare costs.
Medicare is testing the use of artificial intelligence to preapprove several healthcare services.
Germany hit a high of 106 degrees on Saturday, according to the country's national weather service.
Dong Guangping landed in Toronto following an Air Canada flight on Friday, his friend said.
Venezuelans have taken the search for missing loved ones into their own hands, citing a scarcity of government rescuers.
The U.S. military says it hit Iranian targets over Iran's drone attack on a commercial vessel in the Strait of Hormuz, marking the first American strikes on Iran since the two countries formally agreed to extend a ceasefire last week.
Nicholas Rossi, 38, was serving at least 10 years in prison in Utah following his convictions in 2025 in two sexual assault cases.
Jeff Bergman, who voices nearly all of the modern Looney Tunes cast, sits down with "CBS Saturday Morning" to talk about stepping in for Don Rickles as Mr. Potato Head in "Toy Story 5."
Kansas City-based singer-songwriter Kevin Morby has been likened to Bob Dylan and Tom Petty, with his rich, soulful lyrics across eight studio albums. His latest album, "Little Wide Open" was produced by The National's Aaron Dessner. Here's Kevin Morby performing "Javelin."
Kansas City-based singer-songwriter Kevin Morby has been likened to Bob Dylan and Tom Petty, with his rich, soulful lyrics across eight studio albums. His latest album, "Little Wide Open" was produced by The National's Aaron Dessner. Here's Kevin Morby performing "Badlands."
Kansas City-based singer-songwriter Kevin Morby has been likened to Bob Dylan and Tom Petty, with his rich, soulful lyrics across eight studio albums. His latest album, "Little Wide Open" was produced by The National's Aaron Dessner. Here's Kevin Morby performing "100,000."
Danny McBride's new book, "Thrilling Tales of Modern Men," explores themes of masculinity through funny and dark short stories.
California now has the nation's first dashboard to publicly track artificial intelligence-related job trends, ones created and ones lost. As of now, early findings show no evidence of rising statewide unemployment from jobs exposed to AI. Till von Wachter, a faculty director of the California Policy Lab at UCLA, joins "The Takeout" to discuss.
The race to build AI data centers is leading to a global shortage of memory chips, driving up the cost of personal electronics.
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 and Microsoft announced they're hiking prices for some electronic products, including computers and XBOX consoles, citing a shortage of memory chips. CNET editor-at-large Scott Stein weighs in.
The heaviest demand on America's water supply isn't data centers or AI. It's from everyday uses such as growing food, watering lawns and flushing toilets.
The featherweight pair — orbiting a star 1,110 light-years away — are the biggest exoplanets found to have less density than cotton candy.
Human and animal remains unearthed in Egypt's Nile Delta reveal changing funerary practices over some 600 years, and the evolution of a key site itself.
Euclid is on a mission to chart one-third of the sky in the hopes of shedding light on the enduring mysteries of dark matter and dark energy.
Exactly where the comet 3I/ATLAS came from within the Milky Way remains a mystery.
Hosted by Lee Cowan. Featured: Birthright citizenship; the Theodore Roosevelt Presidential Library unveiled; Shooter Jennings releases recordings by his father, Waylon Jennings; comedian John Mulaney; childhood obesity; and the secrets of seahorses and seadragons.
Two Flint Township, Michigan, parents, are facing several charges, including second-degree murder, in the death of their 7-year-old son, who was 255 pounds and abused and neglected, according to the Genesee County prosecutor.
Billionaire Leon Black testified before the House Oversight Committee on Friday. After Black ended the interview, the committee issued two subpoenas. Democratic Rep. Suhas Subramanyam of Virginia, a member of the House Oversight Committee, joins "The Takeout" to discuss this and the U.S. strike on Iran.
Abdikerm Eidleh, accused of playing a key role in the Feeding Our Future fraud scheme, was arrested in Somalia after more than four years, federal officials said.
A judge declared a mistrial in the case against a man accused of starting a fire that grew into the deadly 2025 Palisades Fire. The jury was deadlocked during deliberations. CBS News Los Angeles has more.
Nicholas Rossi, 38, was serving at least 10 years in prison in Utah following his convictions in 2025 in two sexual assault cases.
The featherweight pair — orbiting a star 1,110 light-years away — are the biggest exoplanets found to have less density than cotton candy.
Euclid is on a mission to chart one-third of the sky in the hopes of shedding light on the enduring mysteries of dark matter and dark energy.
Exactly where the comet 3I/ATLAS came from within the Milky Way remains a mystery.
The "Pink Planet," formally known as GJ504b, was discovered in 2013 and is technically not a planet but rather a "planetary-mass companion."
NASA's Jared Isaacman says the crew was selected solely based on their experience, expertise and availability for flight assignment.
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Summer is the time to enjoy live music, indoors and out. Scroll through our gallery of some of 2026's leading musical acts, featuring images by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
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.
Jeff Bergman, who voices nearly all of the modern Looney Tunes cast, sits down with "CBS Saturday Morning" to talk about stepping in for Don Rickles as Mr. Potato Head in "Toy Story 5."
Chef Tim Love sits down with "CBS Saturday Morning" to share some of the inspiration for bringing bold flavors to Fort Worth, Texas.
In the series "USA to Z," which celebrates 250 years of American history and culture, Kelly O'Grady sits down with wildlife photographer Tom Murphy to talk about Yellowstone National Park and the importance of preservation.
Kacey White, an MLS analyst and former U.S. Women's National Team member, joins "CBS Saturday Morning" to break down the U.S. men's performance at the World Cup so far, and what to expect heading into the knockout rounds.
Kansas City-based singer-songwriter Kevin Morby has been likened to Bob Dylan and Tom Petty, with his rich, soulful lyrics across eight studio albums. His latest album, "Little Wide Open" was produced by The National's Aaron Dessner. Here's Kevin Morby performing "Javelin."