Employers added 151,000 jobs in February, missing forecasts
The U.S. labor market has been slowing, but today's jobs report isn't yet reflecting the layoffs ordered by Elon Musk's DOGE.
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The U.S. labor market has been slowing, but today's jobs report isn't yet reflecting the layoffs ordered by Elon Musk's DOGE.
The economy added 151,000 jobs in February, even as the unemployment rate ticked up a tenth of a point to 4.1%. Nancy Chen explains how the employment landscape in the country is changing as more Americans who've been working from home return to their offices.
Job growth in February fell short of expectations, highlighting that businesses are becoming more conservative, which could suggest less economic activity. Kelly O'Grady joins to discuss.
Leaders from the cryptocurrency industry gathered at the White House on Friday for its first-ever "digital assets" summit. Victoria Guida, economics correspondent for Politico, joins "America Decides" to examine why President Trump is focusing on bolstering Bitcoin.
President Trump signed an executive order Friday establishing a task force for the 2026 FIFA World Cup. But the executive order on everyone's radar, that aims to dismantle the Department of Education, has yet to receive the president's signature. Political strategists Maura Gillespie and Hyma Moore join "America Decides" to assess the possible ramifications of the expected order.
From podcasts to TikTok and Instagram, Republicans ruled the social media landscape during the 2024 election cycle. Now, Democrats are fighting back, with more than 20 senators posting the same video targeting President Trump. Peter Hamby, partner at Puck News, joins "America Decides" with analysis.
Just a day after President Trump pulled back tariffs on Canada and Mexico, he issued a new trade tax warning. This time on dairy and lumber coming over the northern border. CBS News' Fin Gómez and Caitlin Huey-Burns have more.
Powell says the Fed is in no hurry to change course, citing "uncertainty" over the impact of the Trump administration economic policies
Union representing TSA workers calls the Department of Homeland Security's decision an "unprovoked attack."
Trump says he's suspending security clearances of lawyers at Perkins Coie, which was involved in launching oppo research during the 2016 campaign into any ties between Trump and Russia.
The Trump administration's border crackdown has put a spotlight not just on illegal immigration, but the role immigrant workers play throughout America's economy. Adam Yamaguchi reports on how involved they are in the delivery of America's dairy products.
Just two days after imposing 25% tariffs on imports from Canada and Mexico, President Trump is hitting the pause button. The president signed a series of executive orders on Thursday, granting exemptions for products that are compliant under the U.S.-Mexico-Canada agreement. CBS News' Olivia Rinaldi and Kelly O'Grady break it down.
Job cuts spiked in February, marking their highest point since July 2020, due to firings of government workers directed by DOGE.
Layoffs spiked in February, led by the Department of Government Efficiency cuts. Employers cut about 172,000 jobs last month, according to the firm Challenger, Gray and Christmas. That's the highest number of layoffs per month since the height of the pandemic in July 2020. CBS News MoneyWatch correspondent Kelly O'Grady breaks it down.
President Trump has often been able to defy political gravity. Will that be true when it comes to the economy? John Dickerson gives his take.
Mexico said it will announce retaliatory measures to President Trump's tariffs this Sunday. The U.S. imposed 25% tariffs on both Mexico and Canada on Tuesday, with the exception of the auto manufacturing industry for one month. Jon Barela, CEO of the Borderplex Alliance, an independent economic development and policy advocacy organization, joins "The Daily Report" to discuss the impact on the borderlands region.
The head of the Canadian province of Ontario is threatening to cut off electricity exports to the U.S. CBS News correspondent Shanelle Kaul spoke with Premier Doug Ford on Wednesday.
China's assembled delegates don't care to discuss President Trump's escalating trade war, but the underlying message from Beijing is one of confidence.
In his address to Congress on Tuesday night, President Trump outlined his vision for reducing inflation and boosting the American economy. The president made his case for tariffs on U.S. allies, expanding oil drilling, shrinking the federal workforce and more.
A brewing trade war is bound to have a ripple effect beyond just the stock market. Kelly O'Grady explains.
The economy helped put President Trump back in the White House, and it will be a pillar of his speech to Congress. He is expected to talk about lowering prices for Americans, even as his tariffs threaten to raise them. Caitlin Huey-Burns went to York, Pennsylvania, to see how residents are rating Trump's handling of the economy so far. Then, Kelly O'Grady explains when Americans might start to feel the effects of Trump's tariffs.
The U.S.'s trade partnership with Canada has long been a key driving force for several border states' economies. Canada imposed a retaliatory tariff on U.S. goods on Tuesday. CBS News national correspondent Lana Zak reports. Asa McKercher, the Hudson Chair of Canada-U.S. relations at St. Francis Xavier University, joins "The Daily Report" to discuss the impact.
In a social media post, President Trump says he will "tell it like it is" in Tuesday's address to Congress. CBS News' Ed O'Keefe and Fin Gómez, and political strategists Chuck Rocha and Matt Gorman, join to discuss what to expect from Trump's speech.
Canada slapped a 25% retaliatory tariff on $155 billion worth of American goods on Tuesday after the Trump administration implemented its own 25% tariffs on nearly all imports from Mexico and Canada. CBS News MoneyWatch correspondent Kelly O'Grady breaks down the impact.
A new CBS News poll examines what Americans want to hear President Trump discuss in his address to Congress on Tuesday night. CBS News executive director of elections and surveys Anthony Salvanto unpacks the findings.