U.S. hiring slows as unemployment rate ticks up
The U.S. added just 114,000 jobs in July, below expectations, the Labor Department reported Friday, while the unemployment rate rose to 4.3%. Jo Ling Kent examines what is behind the slowdown.
Economy
Stocks drop following weak July jobs report
The stock market plunged Friday after a weaker-than-expected July jobs report raised fears of a slowing economy. But should Americans actually be worried about the sell-off? CBS News contributor JD Durkin joins to discuss.
Recession fears after new data
Disappointing July jobs data could bring about fears of a potential recession as Americans navigate a period of inflation in the U.S. economy. CBS News contributor Javier E. David breaks down the signals to look out for as the markets react to the latest numbers.
Chipmaker Intel to slash 15% of its workforce amid Q2 losses
CEO Pat Gelsinger said the chipmaker will cut roughly 15,000 jobs as it moves to slash costs.
Fed chair defends holding off on rate cuts
The Federal Reserve said Wednesday it is leaving its benchmark interest rate unchanged. The announcement means policymakers will hold the federal funds rate between 5.25 and 5.50%, the highest level in 23 years. Martin Baccardax, senior editor and chief markets correspondent for TheStreet, joins CBS News to examine the decision.
Federal Reserve holds interest rates steady
The Federal Reserve left the benchmark federal funds rate unchanged Wednesday. Experts still believe the Fed's September meeting could lead to cuts. CBS News business analyst Jill Schlesinger and CBS News contributor Javier David break down the decision.
Federal Reserve decision coming
The Federal Reserve will announce a decision Wednesday on potential interest rate cuts as inflation appears to cool. CBS News contributor Javier E. David has more on what economists expect.
Fed to make interest rate decision
Federal Reserve Chairman Jerome Powell will announce the agency's decision on interest rates Wednesday with cuts not yet expected. Jeanna Smialek, Federal Reserve and U.S. economy reporter for the New York Times, joined CBS News to discuss the Fed.
U.S. national debt tops $35 trillion
The U.S. national debt has surpassed $35 trillion for the first time. The financial hole is mounting quicker than most economists had predicted. David Wessel, senior fellow in economic studies at Brookings and director of the Hutchins Center on Fiscal and Monetary Policy, joins CBS News to assess the problem.
Number of uninsured drivers increases
The rising costs of car insurance in the U.S. are contributing to an increased number of uninsured drivers, according to new data. Mark Friedlander, the communications director for the Insurance Information Institute, joins CBS News with more details on the costly trend.
How over-saving can cause stress
Just 41% of Americans are comfortable with the amount of savings they currently have, but others have an issue finally using the money that they've socked away. One expert says over-saving can lead to other stresses.
How class and race impact economic mobility
A new Harvard study is checking in on how the U.S. is doing on economic mobility across race and class and examining which factors best predict success. The researchers discovered that earnings increased for white children in affluent families, but fell for those in poorer families. Benjamin Goldman, one of the study's authors, joins CBS News to unpack the findings.
The more wealth you have, the happier you get, research finds
Multimillionaires are much happier than the merely well off, suggesting life satisfaction continues to improve the wealthier you are.
Economic growth accelerates in 2nd quarter
The Commerce Department says the nation's gross domestic product, or GDP, rose at an annual rate of 2.8% from April through June. That's more than the 1.9% rate economists had expected for the second quarter. Jeff Stein, White House economics reporter for The Washington Post, joins CBS News to explain what the GDP growth says about the economy, and how the Federal Reserve could read the data.
How Harris is appealing to young voters
In a presidential race all about age, what does a younger candidate at the top of the Democratic ticket do to energize the youth vote? CBS News senior business and tech correspondent Jo Ling Kent explains.
Gina Raimondo discusses Harris' VP search
While the final months of a president's time in office are known as the "lame duck period," President Biden made it clear to the country Wednesday night that he has a lot more to accomplish prior to Jan. 20. Secretary of Commerce Gina Raimondo, possible vice presidential contender for Kamala Harris, joins "America Decides" to unpack the administration's plans for the next six months as well as Harris' VP search.
How is the U.S. economy doing?
The U.S. economy grew more than expected in the second quarter of 2024, according to new data, although it is still down compared to the second half of last year. CBS News senior business and tech correspondent Jo Ling Kent breaks down the numbers.
U.S. economy grew more than expected
The U.S. economy grew more than expected in the second quarter of 2024, according to the latest gross domestic product data. Jeanna Smialek, a Federal Reserve and U.S. economy reporter with The New York Times, joins CBS News with more.
U.S. economy grew 2.8% last quarter as growth hit the gas
Consumer spending helped drive growth despite cost-of-living expenses that have spiked across the country.
Report: More immigration could boost economy
Immigration and the economy are among some of the key issues for voters in the 2024 election. Now, a new report from the nonpartisan Congressional Budget Office suggests that migrants coming to the U.S. could help the country's financial situation. CBS News immigration and politics reporter Camilo Montoya-Galvez joins to unpack the findings.
Here's how investors are viewing Biden's decision to drop out
Economists and investors assess the impact of Biden's decision to withdraw from U.S. presidential race on everything from economy to stock market.
Trump's plan to tackle inflation could cause price spikes, experts say
Although Donald Trump vows to bring U.S. prices down "very quickly," some economists say his policies could rekindle inflation. Here's what to know.
Key takeaways from JD Vance's RNC speech
Vice President Harris spoke Thursday morning, criticizing the Republican National Convention's messaging and her newly nominated opponent, Sen. JD Vance, who gave his first major speech Wednesday night after being announced as former President Donald Trump's running mate. CBS News chief Washington correspondent Major Garrett joins with analysis.
Trump pushes for 15% corporate tax rate
Former President Donald Trump revealed more about his policy vision in an interview with Bloomberg Businessweek conducted in June and released this week. Trump said he wants to lower the corporate tax rate to 15% if he returns to the White House. CBS News chief election and campaign correspondent Robert Costa has more.
Examining causes of Americans' economic anger
According to most voters, the state of the U.S. economy is a widespread problem. Neil Malhotra, professor of political economy at the Stanford University Graduate School of Business, joins CBS News to discuss what's fueling so many Americans' anger, and what policies may fix it.
White House hosting UFC fight tonight on Trump's 80th birthday
The UFC is hosting a fight series on the White House South Lawn Sunday night.
Live
Qatari mediators travel to Tehran to finalize peace deal, diplomat says
President Trump said the Strait of Hormuz will be reopened "immediately," once the memorandum of understanding is signed.
Knicks capture first NBA title in 53 years
The New York Knicks captured their first NBA championship in 53 years with a 94-90 win over the San Antonio Spurs in Game 5 of the NBA Finals.
Trump's name removed from Kennedy Center, court filing says
A federal appellate court denied a last-minute attempt by the Trump administration to stop the removal of President Trump's name from the Kennedy Center on Friday.
With uncertainty around H-1B visa fee, U.S. businesses unsure how to move forward
Earlier this week, a federal judge invalidated the White House's $100,000 H-1B fee policy in response to a lawsuit brought by 20 states.
"It rips my heart apart": U.S. military veteran calls on ICE to release wife
An American citizen who served in the Army and the Texas National Guard for roughly 20 years is desperately urging immigration officials to release his wife, who is facing deportation to Honduras.
2 men charged after gear stolen from England's World Cup team
Footwear and soccer balls were among the items taken, the BBC reported, but the theft did not include anything "game-critical."
Fighter jet crashes in Washington state, sparking wildfire
A pilot survived after a fighter jet crashed into a mountain Saturday afternoon in Yakima County, Washington, sparking a wildfire, officials said.
Body found outside Tijuana stadium where Iran team is training for World Cup
Mexican authorities are investigating how a corpse ended up outside a stadium in the border city of Tijuana, where Iran's national team has been training for the World Cup.
U.S.
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White House hosting UFC fight tonight on Trump's 80th birthday
The UFC is hosting a fight series on the White House South Lawn Sunday night.
Fighter jet crashes in Washington state, sparking wildfire
A pilot survived after a fighter jet crashed into a mountain Saturday afternoon in Yakima County, Washington, sparking a wildfire, officials said.
How an Iowa woman became a key witness in her own murder
The last words spoken by Angela Prichard, 55, an Iowa wife and mother who called 911 to report she was in danger, was the first clue investigators had to identify her killer.
With uncertainty around H-1B visa fee, U.S. businesses unsure how to move forward
Earlier this week, a federal judge invalidated the White House's $100,000 H-1B fee policy in response to a lawsuit brought by 20 states.
Ford recalls over 250K Focus models over engine stall risk
Ford is recalling more than 250,000 vehicles that were incorrectly repaired under a previous recall meant to fix a problem that caused the engine to stall while driving, according to the National Highway Traffic and Safety Administration.
MoneyWatch
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With uncertainty around H-1B visa fee, U.S. businesses unsure how to move forward
Earlier this week, a federal judge invalidated the White House's $100,000 H-1B fee policy in response to a lawsuit brought by 20 states.
DOJ paves way for Paramount Skydance to buy Warner Bros. Discovery
Paramount Skydance's $110 billion acquisition of Warner Bros. Discovery would not harm U.S. consumers or weaken competition, DOJ antitrust enforcers said.
As SpaceX IPO launches, Texans near its Starbase HQ are mixed on the company
SpaceX's arrival in the region has been good for business, some Brownsville, Texas, residents say, while others rue its impact on the local community.
Former SpaceX welder becomes a millionaire after historic IPO
Juan Hernandez, a former SpaceX employee, owns 6,500 company shares. On the first day of public trading, his wealth ballooned by $1,046,175.
Why the liberal arts can help young Americans prepare for the era of AI
The advent of AI puts a premium on developing skills like critical thinking and communication, according to education experts. The liberal arts can help.
Politics
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White House hosting UFC fight tonight on Trump's 80th birthday
The UFC is hosting a fight series on the White House South Lawn Sunday night.
"It rips my heart apart": U.S. military veteran calls on ICE to release wife
An American citizen who served in the Army and the Texas National Guard for roughly 20 years is desperately urging immigration officials to release his wife, who is facing deportation to Honduras.
Trump says U.S. killed Tren de Aragua leader in airstrike in Venezuela
The U.S. military has killed Niño Guerrero, the alleged leader of Venezuela-based gang Tren de Aragua, President Trump announced Friday.
DOJ paves way for Paramount Skydance to buy Warner Bros. Discovery
Paramount Skydance's $110 billion acquisition of Warner Bros. Discovery would not harm U.S. consumers or weaken competition, DOJ antitrust enforcers said.
Ohio voting rights group facing criminal fraud investigation, sources say
The FBI executed a search warrant at the office of an Ohio-based group known for its voter registration work as part of an ongoing fraud-related investigation, sources told CBS News.
HealthWatch
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Her Stage IV cancer had no symptoms. Innovative surgery saved her life.
A chance emergency room visit led to Amy Piccoli's diagnosis with late-stage colorectal cancer.
FDA approves new sunscreen ingredient
The FDA approved a new ingredient for sunscreen that's been in use in Europe for years. Dr. Jon LaPook has more details.
New sunscreen option wins FDA approval after years of delay
A sunscreen ingredient that's been available in Europe, Japan and South Korea for years has finally been approved by the FDA for sale in the U.S.
Safety concerns over weight loss drug
There's a new safety concern about doctors prescribing one experimental weight loss treatment, retatrutide, that hasn't even been FDA approved yet. Adam Yamaguchi reports.
How an experimental weight-loss drug is being openly promoted by physicians
Doctors are jumping the gun to prescribe a medication lacking FDA approval that has gone viral on social media. "Why are we waiting?" one physician asked.
World
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Body found outside Tijuana stadium where Iran team is training for World Cup
Mexican authorities are investigating how a corpse ended up outside a stadium in the border city of Tijuana, where Iran's national team has been training for the World Cup.
Ukrainian drone attack kills 1, injures 3 in southern Russia
Ukraine's General Staff said that its forces had hit an oil preparation and pumping station overnight in Russia's Volgograd region.
Police dress up as World Cup mascots to carry out drug sting
The officers in mascot costumes used a metal sledgehammer to break down a door to enter with colleagues.
Armed men kidnap respected security expert in gang-wracked Haiti
James Boyard is the cabinet director of Haiti's Defense Ministry and also serves as inspector general of Haiti's police.
2 men charged after gear stolen from England's World Cup team
Footwear and soccer balls were among the items taken, the BBC reported, but the theft did not include anything "game-critical."
Entertainment
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Entertainment
Young the Giant performs "Mind Over Matter"
Young the Giant broke out in 2010 with hits like "My Body" and "Cough Syrup," which boast more than 400 million streams on Spotify. Their latest record, "Victory Garden," is out now. Here's Young the Giant performing "Mind Over Matter."
Young the Giant performs "Evergreen"
Young the Giant broke out in 2010 with hits like "My Body" and "Cough Syrup," which boast more than 400 million streams on Spotify. Their latest record, "Victory Garden," is out now. Here's Young the Giant performing "Evergreen."
Young the Giant performs "Different Kind of Love"
Young the Giant broke out in 2010 with hits like "My Body" and "Cough Syrup," which boast more than 400 million streams on Spotify. Their latest record, "Victory Garden," is out now. Here's Young the Giant performing "Different Kind of Love."
DOJ approves Paramount-Warner Bros. merger
The Justice Department has given the merger between CBS News' parent company, Paramount Skydance, and Warner Bros. Discovery the green light. CBS News MoneyWatch correspondent Kelly O'Grady has the latest.
Shawn Hatosy talks acting on "The Pitt"
Actor Shawn Hatosy went from guest star to Emmy Award-winning fan favorite as Dr. Jack Abbot on the hit medical drama "The Pitt." Dr. Abbot "is very calm in the face of chaos and he can handle anything, but he's struggling, as is Robby, and they have to come together," Hatosy tells "CBS Mornings."
Technology
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As SpaceX IPO launches, Texans near its Starbase HQ are mixed on the company
SpaceX's arrival in the region has been good for business, some Brownsville, Texas, residents say, while others rue its impact on the local community.
SpaceX expansion plans impact local community
Residents near SpaceX's South Texas campus have mixed opinions about Elon Musk's company and its plans to expand operations. CBS News' Jason Allen reports from Starbase, Texas.
How AI powered robots are helping small farms
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.
Why the liberal arts can help young Americans prepare for the era of AI
The advent of AI puts a premium on developing skills like critical thinking and communication, according to education experts. The liberal arts can help.
Uproar over planned data center near zoo
Residents are protesting plans for a 70,000-square-foot data center near the Nashville Zoo. CBS News' Skyler Henry reports.
Science
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Science
Watch: Pentagon releases 6 new UFO videos
The Defense Department released a third batch of UFO files on Friday, three weeks after its second drop. These are all of the videos in the latest tranche, plus analysis from astrophysicist Avi Loeb.
Goblin shark seen alive in natural deep-sea habitat for the first time
The goblin shark had only previously been seen when caught by fishermen and they died shortly afterward.
World's largest whale graveyard found by sub at bottom of ocean
The researchers saw many strange animals — many believed to be new to science — living off the whale carcasses.
NASA names 4 astronauts for next Artemis mission
NASA's Artemis III astronauts plan to carry out rendezvous and docking procedures with commercial moon landers being built by SpaceX and Blue Origin.
Great white shark captured on video in Mediterranean in rare sighting
Great white sharks are classified as "critically endangered" in the Mediterranean Sea, and underwater sightings are incredibly rare.
Crime
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How an Iowa woman became a key witness in her own murder
The last words spoken by Angela Prichard, 55, an Iowa wife and mother who called 911 to report she was in danger, was the first clue investigators had to identify her killer.
Police dress up as World Cup mascots to carry out drug sting
The officers in mascot costumes used a metal sledgehammer to break down a door to enter with colleagues.
Armed men kidnap respected security expert in gang-wracked Haiti
James Boyard is the cabinet director of Haiti's Defense Ministry and also serves as inspector general of Haiti's police.
Texas shooting kills at least 1, injures 10
On Wednesday, a 45-year-old gunman opened fire on police in Midland, Texas, allegedly refusing to surrender to police. He fled, finally barricading himself in an abandoned veterinary building and shooting wildly. All of those shot were civilians. The gunman was found dead on Friday, with the FBI and state agencies investigating. Jason Allen has more.
Midland gunman was on the run before shooting
At least one person is dead, and 10 others are injured after a gunman opened fire in Midland, Texas, on Friday. The shooter died after a standoff with police. CBS News correspondent Jason Allen reports.
Space
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NASA chief defends choice of all-male crew for Artemis III mission
NASA's Jared Isaacman says the crew was selected solely based on their experience, expertise and availability for flight assignment.
NASA names 4 astronauts for next Artemis mission
NASA's Artemis III astronauts plan to carry out rendezvous and docking procedures with commercial moon landers being built by SpaceX and Blue Origin.
Space station crew briefly moves to "safe haven" amid concerns over leaks
Out of an abundance of caution, NASA briefly directed five of the seven crew members aboard the International Space Station to wait inside the docked SpaceX Crew Dragon "Freedom" spacecraft.
Sun erupts with 3 solar flares, raising chances of northern lights for U.S.
Three solar flares burst from the sun this week, raising the chances of seeing the northern lights for people across the United States.
NASA reluctantly gives up on lost orbiter: "Best Mars mission ever"
NASA officials said the $582 million MAVEN orbiter could not be recovered after a problem on the far side of Mars late last year, and that its extraordinarily successful mission was at an end.
Latest Galleries
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Notable Deaths in 2026
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Summer music highlights of 2026
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.
Evidence in the Barbara Kendhammer case
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Timeline: The disappearance of George Smith
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Who is Alix Tichelman?
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Latest CBS News Videos
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Latest CBS News Videos
From the archives: Houston's wondrous Astrodome
Opened in 1965, the Astrodome in Houston was billed as the "Eighth Wonder of the World" – an enclosed, air-conditioned stadium with fake grass for major league baseball. But in 1999, when the Astros left for new digs, Houston held a party to celebrate the Dome's past, while seeking other spectacles (monster truck rallies, high-diving stunts, even chariot races) to fill seats. Correspondent Bill Geist covered the Astrodome's history in this Oct. 10, 1999 "Sunday Morning" report.
Could Angela Prichard Have Been Saved?
A woman repeatedly called police for help when she was attacked, stalked, and intimidated by her husband. It didn't stop him from killing her. "48 Hours" contributor Jonathan Vigliotti reports.
Game 5 of NBA Finals in San Antonio
Game 5 of the NBA Finals is in San Antonio on Saturday, and the big question is whether the Knicks clinch or the Spurs survive. Game 4 was the most-watched game ever on social media with 3 billion views and counting. Doug Williams reports from San Antonio.
Business owner says he relies on H-1B visas
This week, a federal judge struck down the Trump administration's $100,000 fee on new H-1B visas. The much higher fee was intended to prevent foreign workers from taking American jobs. But some business owners say the U.S. depends on that talent. Shanelle Kaul reports.
Royal family watches Royal Air Force flyover
The Royal family gathered on the balcony at Buckingham Palace on Saturday to greet the crowds and watch a Royal Air Force flyover in celebration of the king. Holly Williams has more from London.