Where's the wage growth? Blame millennials
Tepid wage growth has been a hallmark of this economic expansion despite ultra-low unemployment. Here's why
Watch CBS News
Tepid wage growth has been a hallmark of this economic expansion despite ultra-low unemployment. Here's why
Once again, fears about a possible trade war hit Wall Street hard. The Dow fell more than 570 points, or 2.3 percent, on Friday. "There is the potential of a trade war," said Treasury Secretary Steven Mnuchin. That prediction sent stocks tumbling. CBS News chief White House correspondent Major Garrett has the details.
Stocks plunged Friday after President Trump threatened to escalate the tariff battle with China and words by Treasury Secretary Steven Mnuchin added to the fear. The Dow finished down 572 points -- losing just over 2 percent of its value. CBS News correspondent Nikki Battiste reports.
CBS News business analyst Jill Schlesinger joins "CBS This Morning: Saturday" to discuss what the U.S. has to lose if it gets into a trade war with China and how trade wars often lead to a recession.
The White House is threatening China with about $100 billion more worth of tariffs than its initial proposal
CEO of nation's largest bank says financial firms and government should work more closely to protect financial system
Stocks plunge amid trade war fears; SpaceX launches reused rocket to ISIS
It was a tough day on Wall Street Monday, as the Dow plunged as much as 700 points, hitting it's low for the year, before recovering at the end of the day. The dip was partly due to concerns about a trade war, but that wasn't all. CBS News correspondent Bianna Golodryga explains.
David Rubenstein is the co-founder of one of the world's largest private equity firms
New government data shows the U.S. economy is gaining momentum, growing 2.9 percent in the fourth quarter of 2017. That caps the strongest nine-month stretch in more than 12 years. David Rubenstein, co-founder and co-executive chairman of the Carlyle Group, one of the world's largest private equity firms, joins "CBS This Morning" to discuss his take on Washington as a businessman and why he worries about income inequality.
Some clues about how Larry Kudlow may advise the president on issues from trade to tariffs -- in his own words
As President Trump takes a more protectionist stance on trade, economists warn about the costs
With the weight of the U.S. economy falling largely on his shoulders, Scott Pelley speaks with Federal Reserve Chairman Ben Bernanke; Lesley Stahl profiles Alice Waters and her "slow food" revolution; And, Andy Rooney on the era of newspapers.
Lesley Stahl speaks with House Financial Services Committee Chairman Rep. Barney Frank (D.-Mass.); Scott Pelley investigates the deepening mortgage crisis; Byron Pitts profiles USC football coach Pete Carroll; And Andy Rooney checks his mail.
Trump said Democrats "don't want to solve the problem" of immigration
The seventh round of negotiations haven't "made the progress many had hoped," U.S. Trade Rep Lighthizer said
Economic growth for the fourth-quarter was revised down slightly, matching economists' forecasts
In his first public testimony as head of the Federal Reserve, Jerome Powell sounds a cheery note on the U.S. economy
The latest on the standoff over the government shutdown and debt ceiling with Sens. John McCain, R-Ariz., Chuck Schumer, D-N.Y., Kelly Ayotte, R-N.H., and Rep. Tim Huelskamp, R-Kan., plus a panel of experts.
The latest on the fights over the budget, Obamacare, and immigration, with Sens. Mitch McConnell, R-Ky., Mark Warner, D-Va., and Lindsey Graham, R-S.C. Plus, analysis from Mark Zandi of Moody's Analytics and a roundtable of experts.
The White House's Council of Economic Advisers forecasts an average annual growth rate of 2.2 percent through 2028
Ethiopia has been one of the fastest growing economies in Africa in recent years, but upheaval may stunt that growth
Despite the carnage on Wall Street, the damage would have to get a whole lot worse to be felt on Main Street
Unemployment in the U.S. may soon be at its lowest level in half a century -- here's why that has investors worried
The freefall in equities is raising questions about whether the 9-year bull market is turning bearish
Trump threatens Iran with "higher level" strikes if it won't accept a peace deal, but says it's too soon for direct talks after reporting diplomatic progress.
Ted Turner built a media empire that included cable channels CNN, TBS and TNT, and he owned the Atlanta Braves for 20 years.
Three passengers were evacuated from the vessel and human-to-human transmission has been confirmed in Switzerland and South Africa.
Commerce Secretary Howard Lutnick is being questioned Wednesday before the House Oversight Committee as part of its investigation related to Jeffrey Epstein.
President Trump had backed challengers to Indiana state senators who voted against his redistricting plan — and on Tuesday, most of them won.
In an interview on "The Late Show with Stephen Colbert," former President Barack Obama had some pointed words about the power of the executive branch.
Border czar Tom Homan conceded "things weren't perfect" during the crackdown in Minneapolis, but stressed that the administration is not backing down from its mass deportation effort.
CBS News projected that former Sen. Sherrod Brown won the Democratic primary, while incumbent Sen. Jon Husted ran unopposed.
The U.S. warns that transiting the normal route could be "extremely hazardous" because of mines laid in the Strait of Hormuz by Iran.
Ted Turner built a media empire that included cable channels CNN, TBS and TNT, and he owned the Atlanta Braves for 20 years.
Commerce Secretary Howard Lutnick is being questioned Wednesday before the House Oversight Committee as part of its investigation related to Jeffrey Epstein.
Career experts say workers and job seekers should take charge of their own AI education. Here's how to get started.
Authorities say Craig Berry, a retired special forces soldier, shot his wife and then fled into the woods in northern Tennessee.
The U.S. warns that transiting the normal route could be "extremely hazardous" because of mines laid in the Strait of Hormuz by Iran.
The FDA announced its first authorization of fruit-flavored electronic cigarettes intended for adult smokers, a major policy shift after months of appeals to President Trump from the vaping industry.
Career experts say workers and job seekers should take charge of their own AI education. Here's how to get started.
Employment watchdog accuses the New York Times of violating federal law by passing over a White male journalist for a job.
The lawsuit claims that Meta's Llama is generating summaries — and, in some cases, verbatim copies — of original works.
Routes that are under a certain distance will no longer offer food and beverage service, the airline said.
In an interview on "The Late Show with Stephen Colbert," former President Barack Obama had some pointed words about the power of the executive branch.
Commerce Secretary Howard Lutnick is being questioned Wednesday before the House Oversight Committee as part of its investigation related to Jeffrey Epstein.
The FDA announced its first authorization of fruit-flavored electronic cigarettes intended for adult smokers, a major policy shift after months of appeals to President Trump from the vaping industry.
Derek Merrin won the GOP primary in Ohio's 9th Congressional District on Tuesday, setting up a rematch against longtime Democratic Rep. Marcy Kaptur in what's expected to be one of the most contested House races of the year.
The attack came a day after U.S. forces struck an alleged drug boat in the Caribbean Sea, killing two people.
Three passengers have been evacuated from a cruise ship hit by a hantavirus outbreak, as related cases are confirmed in Switzerland and South Africa.
The FDA announced its first authorization of fruit-flavored electronic cigarettes intended for adult smokers, a major policy shift after months of appeals to President Trump from the vaping industry.
A rare form of hantavirus is believed to have spread person-to-person on board a cruise ship. Three people are dead, four more are ill and nearly 150 others are stranded aboard the ship, where they will stay potentially for months until they are cleared to leave. Tom Hanson has more.
A hantavirus outbreak on the MV Hondius cruise ship has killed four people and infected at least four others, officials said.
The largest U.S. health insurer said it will eliminate approval requirements for some treatments, including select outpatient surgeries and other procedures.
Three passengers have been evacuated from a cruise ship hit by a hantavirus outbreak, as related cases are confirmed in Switzerland and South Africa.
A 13-year-old student admitted carrying out the attack at the public school Instituto Sao Jose in Rio Branco, officials said.
Trump threatens Iran with "higher level" strikes if it won't accept a peace deal, but says it's too soon for direct talks after reporting diplomatic progress.
The attack came a day after U.S. forces struck an alleged drug boat in the Caribbean Sea, killing two people.
President Trump said Tuesday he has paused Project Freedom, a U.S. effort to guide commercial ships through the Strait of Hormuz.
CBS News' Anthony Mason is launching a new YouTube show called "Alchemy with Anthony Mason." It's a long-form interview program celebrating artists and the creative process.
In an interview on "The Late Show with Stephen Colbert," former President Barack Obama had some pointed words about the power of the executive branch.
Actor Nathan Lane, who stars in the play "Death of a Salesman," was nominated for his seventh Tony Award. He spoke to "CBS Mornings" about why it was a lifelong dream for him to star in the play and his personal connection to his character.
"The Lost Boys," starring Shoshana Bean, leads this year's Tony nominations along with "Schmigadoon!" Both opened just weeks ago, and each cinched 12 nods. CBS News New York reporter Dave Carlin has more about the nominees.
Oprah Winfrey selected "John of John" by award-winning author Douglas Stuart, known for "Shuggie Bain," as her latest book club pick. Watch the author, Douglas Stuart, read an excerpt from his novel that Winfrey calls " a complex and compelling tale that ultimately showcases the transformational power of love."
Career experts say workers and job seekers should take charge of their own AI education. Here's how to get started.
The high-stakes trial between Elon Musk and OpenAI now involves testimony about a co-founder's personal diary. Vanity Fair contributor Tom Dotan 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.
"This is a new way of working, and we need to leverage AI across every facet of our jobs," CEO Brian Armstrong said in a letter to employees.
A Character AI chatbot falsely claimed to be a licensed psychiatrist in Pennsylvania and provided an invalid license number, the state alleged.
If confirmed, the rock would become just the second world past Neptune in our solar system to host an atmosphere.
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.
A woman in Washington state is accused of trying to run over a child on an e-bike. Police say she later attempted to break into a home. The child was not harmed in the incident and the woman is now facing felony charges.
Authorities are looking for the owners of a sailboat as they continue to investigate the disappearance of Lynette Hooker, the American who went missing in the Bahamas while sailing last month. Cristian Benavides reports.
A 13-year-old student admitted carrying out the attack at the public school Instituto Sao Jose in Rio Branco, officials said.
An investigation is underway in New York City after multiple locations were vandalized with antisemitic graffiti. CBS News' Jared Ochacher reports from Queens.
In northern Tennessee, a retired Special Forces soldier is accused of shooting his wife and then using his training to disappear into the woods. Nicole Valdes reports.
If confirmed, the rock would become just the second world past Neptune in our solar system to host an atmosphere.
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.
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.
A new case of hantavirus linked to a cruise ship outbreak has been reported in Switzerland. CBS News' Ramy Inocencio reports.
President Trump's remarks on the timeline of the Iran war have shifted since the conflict began. CBS News' Jarred Hill reports.
CBS News' Anthony Mason is launching a new YouTube show called "Alchemy with Anthony Mason." It's a long-form interview program celebrating artists and the creative process.
On this edition of CBS Mornings Deals, we show you items that might just become essentials in your everyday life. Visit cbsdeals.com to take advantage of these exclusive deals today. CBS earns commissions on purchases made through cbsdeals.com.
A memo obtained by CBS News reveals the Coast Guard is seeking more information on Lynette Hooker's disappearance in the Bahamas. Cristian Benavides reports.