The job market was weaker than earlier reported, new data shows
New government data shows the job market was weaker than earlier reported. That could pave the way to a September rate cut.
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New government data shows the job market was weaker than earlier reported. That could pave the way to a September rate cut.
The real estate market in the U.S. may see some movement when the Federal Reserve Board makes a decision on potentially cutting interest rates in September. CBS News contributor J.D. Durkin has more.
Secretary of Commerce Gina Raimondo is attending the Democratic National Convention in her capacity as former governor of Rhode Island and joins CBS News with more on the state of the economy and how Vice President Kamala Harris would take on rising costs.
Vice President Harris unveiled her economic plan last week with inflation and home prices top of mind for many Americans. CBS News' Adriana Diaz spoke with voters about their thoughts on the economy and which candidate they think can steer it better.
At the first of three presidential debates between President Trump and former Vice President Joe Biden, the candidates were asked about a wide range of topics, including the coronavirus pandemic, the economy and ongoing protests against police brutality and racism. Moderator Chris Wallace often had trouble controlling the affair, as he had to rebuke the president for interrupting multiple times. Watch the full debate.
Former President Donald Trump has focused his latest line of attacks against his rival on the economy, which comes after Vice President Kamala Harris unveiled her first round of economic policy proposals. Natalie Brand has more.
Kamala Harris unveiled her "Opportunity Economy" plan during a campaign speech in North Carolina on Friday. During her first major policy pitch to working and middle class voters, she emphasized a push to lower prescription drug prices and a potential federal ban on grocery price gouging.
In North Carolina, Harris took note of falling inflation but added, "Still, we know that many Americans don't yet feel that progress in their daily lives."
Vice President Kamala Harris released her first major economic policy proposal since entering the presidential race. The plan, aimed at middle-class voters, includes money for new homebuyers, expansion of the Child Tax Credit and government action on grocery prices. Nancy Cordes reports from Raleigh, North Carolina.
Vice President Kamala Harris laid out an economic agenda she seeks to implement in the first 100 days if elected president. Her proposal includes an expansion of the Child Tax Credit, helping first-time home buyers with their down payments and banning price gouging for groceries. CBS News chief White House correspondent Nancy Cordes has more.
Vice President Kamala Harris will lay out the details of her economic plan and proposed policies if she is elected president in November. CBS News chief White House correspondent Nancy Cordes previews the campaign event in Raleigh, North Carolina.
Starting Aug. 17, new regulations will change how real estate commissions are handled, potentially lowering costs for homebuyers and sellers. Under the new rules, buyers and sellers will have the opportunity to negotiate commissions directly with their agents, a shift that could impact everyone involved in the real estate market.
Democratic nominee Kamala Harris delivers an economic speech in North Carolina, following her first joint appearance with President Biden since she replaced him on the ticket. Meanwhile, Republican nominee Donald Trump attacks Harris and the Biden administration's economic policies.
Vice President Kamala Harris has announced several proposals for her first 100 days in office aimed at lowering costs for American families, should she win the election. Her economic agenda includes a tax incentive to build a starter home, up to $25,000 in down-payment assistance to first-time homebuyers, expanding the Child Tax Credit, and a tax cut for lower-income individuals and couples. CBS News campaign reporter Hunter Woodall has more.
Americans are hitting the brakes on their travel spending, according to new reporting from the Wall Street Journal, with executives from companies like Expedia and Hilton expecting Americans to take fewer trips in the coming months, pointing to signs of "softness" in spending. Paula Twidale, senior VP of travel for AAA, joined CBS News to discuss the trend.
Former President Donald Trump took questions from reporters at his golf resort in Bedminster, New Jersey, on Thursday. He criticized Vice President Kamala Harris' economic policies, and said if she's elected, "the worst is yet to come." Political strategists Joel Payne and Matt Gorman join "America Decides" with analysis.
At an event Thursday announcing a deal to lower the cost of popular Medicare drugs, President Biden attacked former President Donald Trump and Republicans in Congress who didn't support the bill that made cutting prices possible. Later in the day, Trump hit back, calling out the current administration for what he considers a lack of action on the economy. CBS News political reporter Zak Hudak joins with analysis.
Former President Donald Trump held a news conference at his golf club in New Jersey on Thursday, his second in a week. Trump said Vice President Kamala Harris' economic policies are causing a catastrophe. CBS News' Fin Gómez and Willie James Inman have more.
Economy 4.0, often referred to as the Fourth Industrial Revolution, signifies a profound transformation in the global economic landscape, driven by the extensive integration of digital technologies and automation across various industries. Key innovations defining Economy 4.0 include Artificial Intelligence (AI), the Internet of Things (IoT), Big Data, Machine Learning (ML), Sustainability and Green Technologies, and collaborative efforts between governments, industry professionals, and academics. Economy 4.0 aims to showcase society's transition towards an interconnected and technologically advanced economy, highlighting how the integration of technology into daily life empowers individuals and society as a whole.
Walmart released its second-quarter earnings report Thursday morning showing an increase in U.S. sales of 4.2% and a total revenue of $169 billion, beating expectations. Kristin Myers, editor-in-chief for ETF.com, joined CBS News to talk about the report and the economy as a whole.
U.S. inflation has dropped to its lowest level in three years. Prices rose 2.9% in July from a year earlier, down from 3% in June, marking the smallest 12-month increase since March 2021, when prices accelerated in the wake of the pandemic. CBS News senior business and technology correspondent Jo Ling Kent explains.
Former President Donald Trump hit the campaign trail in the battleground state of North Carolina, where he gave remarks about his economic agenda. His opponent, Vice President Kamala Harris, is also planning to speak in North Carolina later this week. She is expected to touch on her plan for the economy and highlight some of the successes of the Biden-Harris administration on the heels of a positive inflation report. CBS News chief election and campaign correspondent Robert Costa has details.
With polls tightening, former President Donald Trump used a campaign appearance in Asheville, North Carolina, Wednesday to try and capitalize on one of his perceived strengths, the economy, while attempting to tie his new opponent, Vice President Kamala Harris, to current economic conditions. Caitlin Huey-Burns reports from Asheville.
The Labor Department reported Wednesday that consumer prices rose just 2.9% in July, the first time the year-over-year inflation rate has dropped below 3% since March of 2021. However, despite the good economic data, for many Americans monthly expenses such as rent, auto insurance and electricity remain stubbornly high. Jo Ling Kent reports.
President Biden touted a win on the U.S. economy Wednesday as new data shows a slight cooling in the July inflation numbers. Kristin Myers, the editor-in-chief of ETF.com, joins CBS News with more.
President Trump said Wednesday the U.S. might return to negotiations with Iran eventually, but said currently "the situation is so good."
The Trump administration is trying to deport a self-described CIA spy who won permission to live in the U.S. by helping convict terrorists.
The couple said in January 2020 that they would be stepping away from "senior" royal roles and were working to become financially independent from the royal family.
Max Lederer, who has served as the publisher of Stars and Stripes for 19 years, this week announced to colleagues his decision to retire on Sept. 30, citing fundamental differences with the Trump administration.
CBS News medical correspondent Dr. Céline Gounder, who has had melanoma herself, said Moderna's experimental trial is "a big win for mRNA vaccines against cancer."
Federal debt has mounted amid tax cuts and trillions in pandemic spending, adding to the nation's interest payments.
NBCUniversal said its Florida-based journalist, José Alberto Suárez, who worked for CBS Miami in the 1990s, was among those killed in the crash.
The mission to save NASA's sinking space telescope has been called off, dooming the telescope to a fiery reentry later this year.
A small plane and a Pennsylvania State Police helicopter were involved in a midair collision in central Pennsylvania on Wednesday night, authorities said.
A small plane and a Pennsylvania State Police helicopter were involved in a midair collision in central Pennsylvania on Wednesday night, authorities said.
CBS News medical correspondent Dr. Céline Gounder, who has had melanoma herself, said Moderna's experimental trial is "a big win for mRNA vaccines against cancer."
The Trump administration is trying to deport a self-described CIA spy who won permission to live in the U.S. by helping convict terrorists.
Recalled frozen blueberries and mixed berries that could be contaminated with E. coli pose the most severe category of health risk, according to the FDA.
The mission to save NASA's sinking space telescope has been called off, dooming the telescope to a fiery reentry later this year.
Recalled frozen blueberries and mixed berries that could be contaminated with E. coli pose the most severe category of health risk, according to the FDA.
Federal debt has mounted amid tax cuts and trillions in pandemic spending, adding to the nation's interest payments.
AI jobs can command a premium, but women are disproportionately underrepresented in such roles, according to hiring data.
The yield on the 30-year Treasury this week hit its highest level since 2007, a rise that could put upward pressure on borrowing costs.
Moderna and Merck announced study results that reflect a "landmark moment" in treatment for one of the deadliest forms of skin cancer.
Max Lederer, who has served as the publisher of Stars and Stripes for 19 years, this week announced to colleagues his decision to retire on Sept. 30, citing fundamental differences with the Trump administration.
The Trump administration is trying to deport a self-described CIA spy who won permission to live in the U.S. by helping convict terrorists.
"This is the first public conversation between the president and myself in eight years," said Cohen.
The California Democrat said Monday that he "made personal mistakes outside my marriage" and that his "actions were consensual in nature."
Progressive momentum has been a prominent storyline as Democrats look to flip control of the House and Senate next year. But how far will it go?
CBS News medical correspondent Dr. Céline Gounder, who has had melanoma herself, said Moderna's experimental trial is "a big win for mRNA vaccines against cancer."
An experimental melanoma vaccine could reduce the risk of the cancer returning or spreading for some high-risk patients. It's personalized for each patient and optimized using artificial intelligence. Dr. Jon LaPook has more details.
Recalled frozen blueberries and mixed berries that could be contaminated with E. coli pose the most severe category of health risk, according to the FDA.
Moderna and Merck announced study results that reflect a "landmark moment" in treatment for one of the deadliest forms of skin cancer.
Author and grief coach Kate Doerge joined Norah O'Donnell for a candid talk about coping with grief.
The couple said in January 2020 that they would be stepping away from "senior" royal roles and were working to become financially independent from the royal family.
NBCUniversal said its Florida-based journalist, José Alberto Suárez, who worked for CBS Miami in the 1990s, was among those killed in the crash.
Israel says military police will investigate the killing of Hind Rajab, a young girl in Gaza whose death at the hands of its forces drew an international outcry.
President Trump wants to meet again with Kim Jong Un to discuss denuclearization, the Wall Street Journal reports, despite having nothing to show for 3 previous summits.
Australia's Nick Kyrgios has been provisionally suspended from professional tennis after testing positive for cocaine during a tournament in Mallorca.
Julian Shapiro-Barnum is known for his conversations with kids on his series "Recess Therapy." He tells "CBS Mornings" why he thinks adults need to act more childish and embrace some behaviors of children.
Isla Fisher gives an inside look at the new film, "Spa Weekend," how it highlights the importance of female friendships and how the star-studded cast connected.
"Today, Elwood and I lost a great friend and collaborator, and the world lost one of the most naturally innovative drummers and a great and true son of Texas," ZZ Top's Billy Gibbons said in a statement.
Brian Hickerson and his brother, Zach, made the 911 call that brought first responders to the apartment where Hayden Panettiere was found unresponsive.
Madonna leads all artists with 11 nominations at this year's MTV VMAs, and a full sweep would tie her with Beyoncé and Taylor Swift for the most VMA wins in history.
Some used and independent bookstores have reported unexpectedly large book orders and suspect that the books are being scanned to train AI models and then destroyed. As part of a new investigative report, 404 Media put a tracking device in a book to see where it'd end up. Emanuel Maiberg, a journalist and co-founder at 404 Media, joins CBS News to discuss.
Wendy Sheehan Donnell, editor-in-chief of PCMag, joins CBS News to discuss the latest in the tech world as a former Meta engineer takes the stand in the company's landmark federal trial for allegedly causing children to become addicted to its products.
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.
AI jobs can command a premium, but women are disproportionately underrepresented in such roles, according to hiring data.
OpenAI is launching a newer version of its teen-friendly ChatGPT platform. Rebecca Bellan, a senior reporter for TechCrunch, joins with more details on its tools.
July was the hottest month ever in the Lower 48 States – another escalation of our world into a hotter, more dangerous planet, where extreme weather events – such as heat waves, wildfires and hurricanes – will become more common and more extreme.
July was the hottest month ever in the Lower 48 States, breaking a record last set during the Dust Bowl – just another step in the escalation of our world into a hotter, more dangerous planet. Correspondent Jonathan Vigliotti talks with climate journalist Jeff Goodell and atmospheric scientist Maria Molina about how changes in Earth's climate are increasing the likelihood that extreme weather events – such as heat waves, wildfires and hurricanes – will become more common and more extreme.
A total solar eclipse was visible in parts of Europe for the first time since 1912. Rob Marciano reports.
A total solar eclipse turned day into night across a slice of Europe and North America on Wednesday, and put millions in unique contact with the heavens above. Meteorologist Rob Marciano reports from Spain.
Janna Levin, professor of physics and astronomy at Barnard College, joins CBS News to discuss Wednesday's total solar eclipse.
Police in Massachusetts are looking for Karen Solomon, a woman whose husband was found dead at their home. Police have said she is "presumed to be armed and dangerous." CBS News' Lilia Luciano has more.
A search is underway in Massachusetts for a 58-year-old woman considered armed and dangerous whose police officer husband was found dead Tuesday. Lilia Luciano has the latest developments.
Lindsay Clancy, the Massachusetts woman on trial for killing her three children in 2023, has pleaded not guilty, citing her own struggle with postpartum psychosis. On Wednesday, a psychologist who treated Clancy after the killings testified about her state of mind the night of the tragedy. Shanelle Kaul reports.
Federal officers found a moving pillowcase in a car that was seized at the U.S.-Mexico border. A collection of stolen exotic reptiles was inside.
Duane "Keffe D" Davis, who is accused of orchestrating the 1996 murder of Tupac Shakur, is back in court for the third day of his trial as more details emerge on the potential motive behind the fatal shooting. CBS News' Katrina Kaufman has more.
The mission to save NASA's sinking space telescope has been called off, dooming the telescope to a fiery reentry later this year.
A NASA spacecraft circling the moon is providing the sharpest views yet of the crater carved by a crashing SpaceX rocket.
The newly discovered object looks like a star the size of our solar system, but produces 100 billion times more energy than any star.
The only total solar eclipse of 2026 crossed the Northern Hemisphere Wednesday, with a path of totality across parts of Greenland, Iceland and northern Spain. See photos and video from the best viewing locations.
The Perseid meteor shower is the best viewing all year, according to NASA.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Sylvie Cachay was found dead in an overflowing bathtub at the exclusive Soho House in New York City on Dec. 9, 2010. A water leak at the hotel gave away a timeline that may have revealed her killer.
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.
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Over a week after a storm knocked out power to several towns in Indiana, thousands are still living without electricity and struggling to get warm meals. CBS News Chicago's Sabrina Franza reports.
Billionaire Mark Walter moved to sell the Los Angeles Lakers last week for a record $12.5 billion just 14 months after purchasing the team as he faces a federal investigation. Melody Gutierrez, senior investigative reporter at The Athletic, joins "The Daily Report" to discuss.
A U.S. Army unit based in Georgia is offering soldiers four days of leave to play Grand Theft Auto IV when it's released in November as a way to incentivize reenlistments. CBS News Pentagon reporter Eleanor Watson has more.
President Trump is pausing construction of a border wall in Texas' Big Bend National Park after bipartisan concerns about its impact on the natural landscape, CBP Commissioner Rodney Scott announced. CBS News' Nicole Sganga reports.
CBS News medical correspondent Dr. Céline Gounder joins "The Daily Report" to discuss what Moderna's melanoma vaccine breakthrough could mean as clinical trials continue.