Stocks close lower, adding to Friday's steep losses
Markets lost more ground after Powell's speech last week confirming more hikes: "We must keep at it until the job is done."
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Markets lost more ground after Powell's speech last week confirming more hikes: "We must keep at it until the job is done."
New government data shows economic growth shrank at a 0.6% annual rate in the second quarter — less than initially thought.
A growing number of Americans say they're done going the extra mile for their employers. Some experts call that progress.
Despite sputtering U.S. economic growth, Federal Reserve hiked interest rates to ease "unacceptably high" inflation.
The number of Americans who signed up for unemployment benefits rose last week to 262,000 — the highest since November.
New data on hot U.S. jobs market suggests Fed won't be reining in its aggressive rate hikes anytime soon.
Although the labor market is slowing, businesses around the U.S. still have millions of job openings. .
American employers posted fewer job openings in June as the economy contends with raging inflation and rising interest rates.
The U.S. added 431,000 jobs in the month of March, a sign the economy is continuing to rebound and the job market is growing. Gargi Chaudhuri, head of iShares Investment Strategy Americas at BlackRock, joined CBS News to break down the data.
The pandemic has made it even more difficult for experts to predict job growth. Josh Mitchell, a staff reporter with the Wall Street Journal, joins Elaine Quijano on CBSN's "Red & Blue" to explain why.
"Consumer sentiment sure stinks but Americans nevertheless continue to increase their spending," said one economist.
Global cloud software for sustainable & profitable business
Thousands evacuate as California's Oak Fire explodes in size; Job applicant discloses cancer diagnosis in interview
An applicant for a computer programming job was hired after disclosing in her first interview that she had cancer. The company's CEO said the applicant was the most inspiring person she's ever met. Dr. Jon LaPook shares more.
More than 250,000 people applied for unemployment benefits last week, the highest number since November.
While layoffs remain low, they've risen for five consecutive weeks to reach 235,000 in the week that ended.
In Belle Harbor, N.Y., the only force greater than the devastation of Hurricane Sandy is the determination of the community; Also, millions of jobs are waiting to be filled, but employers say they can't find qualified workers because of "the skills gap"; And, from Paris to the Brooklyn Bridge, author David McCullough shows how hard work and creativity shaped America's cultural landscape
Humanitarian efforts intensify for Mariupol; March jobs report
The Federal Reserve issued its largest interest rate hike in nearly three decades as it tries to slow the economy without causing a recession. Carter Evans has more on what that means.
Felicia Sonmez triggered a vigorous debate on Twitter over social media policy and public treatment of colleagues.
According to a new report published by Jones Lang LaSalle, 69% of office workers believe hybrid work will be fundamental to retain the workforce in the future. Cynthia Kantor, the chief client and growth officer at Jones Lang LaSalle, joins CBS News' Elaine Quijano to discuss.
The white-hot demand for U.S. workers cooled a bit in April, though the number of unfilled jobs remains high.
Even though consumers and businesses kept spending, a trade imbalance pushed down the economy between January and March.
Online car seller said it was unable to tell every worker in person and relied on Zoom for some firings.
The U.S. economy remains strong despite rising inflation. But not everyone is feeling the economic boom. Carter Evans reports.
Trade, Taiwan and tensions with Iran are surefire topics for President Trump's meeting with Chinese leader Xi Jinping.
A deal is taking shape for the U.S. and Ukraine to jointly develop and build weapons that have been at the forefront of the wars in both Ukraine and Iran.
Iran warns any new U.S. attacks will bring a "bad result," as President Trump acknowledges the ceasefire is faltering and violence flares in Lebanon.
The operator of the MV Dali, a container ship that lost power and slammed into Baltimore's Francis Scott Key Bridge in 2024, killing six people, is facing federal charges.
Defense Secretary Pete Hegseth and Joint Chiefs Chairman Gen. Dan Caine are appearing in back-to-back hearings before the House and Senate Appropriations subcommittees that oversee defense spending.
A Texas couple is filing a lawsuit accusing the AI company of guiding their teenage son in using drugs, resulting in a fatal overdose.
A strand of DNA. An eerie doorbell video. The investigation into Nancy Guthrie's disappearance reaches 100th day with no sign of a breakthrough.
Voters are going to the polls in Nebraska and West Virginia on Tuesday, with Democrats vying for the chance to run in an open seat in Nebraska that the party has long been eyeing.
U.S. consumer prices rose in April, fueled by a spike in energy prices caused by the Iran war.
A hacking group named ShinyHunters claimed responsibility for the Canvas breach and threatened to leak data involving 275 million individuals if schools did not pay a ransom.
The operator of the Dali, a container ship that lost power and slammed into Baltimore's Francis Scott Key Bridge in 2024, killing six people, is facing federal charges.
A Texas couple is filing a lawsuit accusing the AI company of guiding their teenage son in using drugs, resulting in a fatal overdose.
U.S. consumer prices rose in April, fueled by a spike in energy prices caused by the Iran war.
GameStop CEO Ryan Cohen had argued that his company's retail locations would help eBay build a "national network."
A Texas couple is filing a lawsuit accusing the AI company of guiding their teenage son in using drugs, resulting in a fatal overdose.
U.S. consumer prices rose in April, fueled by a spike in energy prices caused by the Iran war.
GameStop CEO Ryan Cohen had argued that his company's retail locations would help eBay build a "national network."
Greater protections for endangered emperor penguins and how to manage growing tourism are topping the agenda at talks on Antarctica in Japan.
Suspending the federal gas tax would have a modest impact on fuel prices, while also requiring congressional approval.
The operator of the Dali, a container ship that lost power and slammed into Baltimore's Francis Scott Key Bridge in 2024, killing six people, is facing federal charges.
Defense Secretary Pete Hegseth and Joint Chiefs Chairman Gen. Dan Caine are appearing in back-to-back hearings before the House and Senate Appropriations subcommittees that oversee defense spending.
Voters are going to the polls in Nebraska and West Virginia on Tuesday, with Democrats vying for the chance to run in an open seat in Nebraska that the party has long been eyeing.
Trade, Taiwan and tensions with Iran are surefire topics for President Trump's meeting with Chinese leader Xi Jinping.
The Supreme Court set aside lower court decisions that had blocked the state from using a congressional map drawn by Republicans in 2023 that contained one majority-Black district.
A recent survey by the Alzheimer's Association found most adults think maintaining brain health is very important, but they don't know what steps to take. (Sponsored by the Alzheimer's Association.)
Daily physical activity is one of the important steps to building healthy habits to lower the risk of dementia. As part of a three-part series, "Brain Health: From Awareness to Action," Alzheimer's Association President and CEO Joanne Pike joins "CBS Mornings" with tips on incorporating exercise into your routine as part of their "(re)think your brain" initiative. Learn more about their "6-Step Challenge" at rethinkyourbrain.org (Sponsored by the Alzheimer's Association)
A Texas couple is filing a lawsuit accusing the AI company of guiding their teenage son in using drugs, resulting in a fatal overdose.
The head of the World Health Organization says "our work is not over" to contain hantavirus after evacuations from a cruise ship hit by a deadly outbreak of the illness.
The 18 Americans who were aboard a hantavirus-stricken cruise ship have returned to the U.S. and are now in quarantine. One remains in the biocontainment unit at the University of Nebraska Medical Center after testing positive. Ian Lee has more.
Defense Secretary Pete Hegseth and Joint Chiefs Chairman Gen. Dan Caine are appearing in back-to-back hearings before the House and Senate Appropriations subcommittees that oversee defense spending.
Iran warns any new U.S. attacks will bring a "bad result," as President Trump acknowledges the ceasefire is faltering and violence flares in Lebanon.
Greater protections for endangered emperor penguins and how to manage growing tourism are topping the agenda at talks on Antarctica in Japan.
A deal is taking shape for the U.S. and Ukraine to jointly develop and build weapons that have been at the forefront of the wars in both Ukraine and Iran.
The head of the World Health Organization says "our work is not over" to contain hantavirus after evacuations from a cruise ship hit by a deadly outbreak of the illness.
Kelly Reilly and Cole Hauser, the stars and executive producers of "Dutton Ranch," sit down with "CBS Mornings" to talk about reprising their "Yellowstone" roles for the series spinoff. The series premieres May 15 on Paramount+.
Pop singer accuses electronics manufacturer Samsung of using a copyrighted image of her face to sell TVs.
Annette Bening talks about starring in the "Yellowstone" spinoff "Dutton Ranch," why she wanted to play her character and learning to ride a horse for the role.
Inspired by a true story, Netflix's "The Rip," starring Ben Affleck and Matt Damon, follows two Miami-Dade police officers as they discover more than $20 million of cartel cash during a drug raid and reveals corruption within the department. But now the real-life officers involved in the raid are suing Damon and Affleck through their production company. Carter Evans reports.
Hosted by Jane Pauley. Featured: The Supreme Court ushers in a new era of gerrymandering; the legacy of CBS News Radio; motherless daughters; comedian Martin Short; rebuilding L.A.; remembering Ted Turner; and Martha Stewart prepares a Mother's Day breakfast.
A hacking group named ShinyHunters claimed responsibility for the Canvas breach and threatened to leak data involving 275 million individuals if schools did not pay a ransom.
CBS News contributor Arthur Brooks offers advice on navigating hate from internet trolls and provides more details on what prompts negative discourse online.
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.
GameStop CEO Ryan Cohen had argued that his company's retail locations would help eBay build a "national network."
The online learning platform Canvas, which is used by 30 million students around the world, was hacked Thursday in a massive cyberattack. The platform is used by thousands of schools, including major universities. Jo Ling Kent reports.
Greater protections for endangered emperor penguins and how to manage growing tourism are topping the agenda at talks on Antarctica in Japan.
The Pentagon released UFO documents on Friday, with President Trump telling the public to "have fun" deciding for itself what is going on. Carter Evans reports.
Defense Secretary Pete Hegseth said it's time for the American people see it for themselves, as the Pentagon started releasing previously classified documents related to UFOs and UAPs. CBS News Pentagon reporter Eleanor Watson has more.
The Pentagon on Friday released and declassified numerous files on UFOs, including eyewitness testimony, photos and reports. Government knowledge of non-human intelligent life was the subject of the documentary "The Age of Disclosure," released in February. Its director and producer, Dan Farah, joins CBS News to discuss.
Defense Secretary Pete Hegseth said in a statement that the documents "have long fueled justified speculation — and it's time the American people see it for themselves."
The search for Nancy Guthrie has spanned 100 days, and key evidence in the case is still under analysis. CBS News' Anna Schecter reports.
A suspect is in custody after appearing to be shooting at random near three college campuses in Massachusetts. CBS News' Lilia Luciano reports.
Two people are in critical condition after a gunman in Cambridge, Massachusetts, began randomly firing at cars on a busy street, officials say. Lilia Luciano has the latest.
A strand of DNA. An eerie doorbell video. The investigation into Nancy Guthrie's disappearance reaches 100th day with no sign of a breakthrough.
Years after USA Gymnastics was rocked by the scandal of Larry Nassar, the disgraced doctor who pleaded guilty to molesting multiple young gymnasts, a gymnast alleges another coach abused her as a child because warnings went unheeded. CBS News chief investigative correspondent Jim Axelrod has the details.
NASA's Apollo 17 crew reported seeing three mysterious dots and sparks that resembled fireworks, according to new files released by the Pentagon.
Defense Secretary Pete Hegseth said in a statement that the documents "have long fueled justified speculation — and it's time the American people see it for themselves."
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.
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.
The search for Nancy Guthrie has spanned 100 days, and key evidence in the case is still under analysis. CBS News' Anna Schecter reports.
Kelly Reilly and Cole Hauser, the stars and executive producers of "Dutton Ranch," sit down with "CBS Mornings" to talk about reprising their "Yellowstone" roles for the series spinoff. The series premieres May 15 on Paramount+.
British Prime Minister Keir Starmer is facing calls from lawmakers for his resignation after devastating local election losses for the Labour Party. Chris Livesay reports.
New inflation data shows a concerning trend in April as the Iran war impacts Americans' wallets. CBS News' Kelly O'Grady reports.
Jonathan Vigliotti joins "CBS Mornings" to discuss his new book, "Torched," where he uncovers how the Los Angeles wildfires were preventable and how the city is rushing to rebuild ahead of the 2028 Olympics.