U.S. stocks slump as investors continue to fret over Fed plans
Markets have been roiled since Fed chair's speech Friday reaffirming central bank's aggressive plans to cool inflation.
Employment
Job openings rose in July after 3 months of declines
Rate of workers quitting fell, and layoffs stayed near record low — showing employers are urgently seeking workers.
Nursing home uses robot to help dementia patients
Staffing shortages at nursing homes has forced some facilities to think outside the box. A Minnesota nursing home is using a robot to help residents with memory problems and keep them active. Omar Villafranca shares more.
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."
Latest GDP figure eases concern about imminent U.S. recession
New government data shows economic growth shrank at a 0.6% annual rate in the second quarter — less than initially thought.
"Quiet quitting": A work revolution or the end of working hard?
A growing number of Americans say they're done going the extra mile for their employers. Some experts call that progress.
Fed saw evidence of a slowing economy at its last meeting
Despite sputtering U.S. economic growth, Federal Reserve hiked interest rates to ease "unacceptably high" inflation.
Jobless claims rise to new 8-month high
The number of Americans who signed up for unemployment benefits rose last week to 262,000 — the highest since November.
Stocks dip after strong jobs report offers mixed news for investors
New data on hot U.S. jobs market suggests Fed won't be reining in its aggressive rate hikes anytime soon.
Jobless claims at 8-month high as layoffs edge higher
Although the labor market is slowing, businesses around the U.S. still have millions of job openings. .
Job openings fall as the U.S. economy shrinks
American employers posted fewer job openings in June as the economy contends with raging inflation and rising interest rates.
U.S. adds 431,000 jobs in March
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.
Experts struggle to predict job gains
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.
Key inflation gauge jumped 6.8% in June as prices surged
"Consumer sentiment sure stinks but Americans nevertheless continue to increase their spending," said one economist.
SAP SuccessFactors: Unleash Human Potential at Work
Global cloud software for sustainable & profitable business
CBS Evening News, July 25, 2022
Thousands evacuate as California's Oak Fire explodes in size; Job applicant discloses cancer diagnosis in interview
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.
Americans filing jobless claims at highest level in 8 months
More than 250,000 people applied for unemployment benefits last week, the highest number since November.
U.S. jobless claims reach 235k, highest in nearly six months
While layoffs remain low, they've risen for five consecutive weeks to reach 235,000 in the week that ended.
Belle Harbor, Three Million Open Jobs, McCullough
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
4/1: CBS News Mornings
Humanitarian efforts intensify for Mariupol; March jobs report
Fed issues largest rate hike in decades
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.
Washington Post fires reporter at center of online battle
Felicia Sonmez triggered a vigorous debate on Twitter over social media policy and public treatment of colleagues.
Report: Office workers prefer hybrid jobs
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.
Layoffs hit 20-year low in April as job market stayed tight
The white-hot demand for U.S. workers cooled a bit in April, though the number of unfilled jobs remains high.
3 children, 1 teacher killed in Oregon school shooting, police say
Vance says "selling access to the White House" is "disgusting"
Exclusive
Alleged Chinese agent has ties to scam group, records show
Live
Iran says Strait of Hormuz will reopen if U.S. leaves region
"Flying cars are real": Musk debuts the new Tesla Roadster
American journalist injured in West Bank clashes
White House prepares plans to use "mother of all bombs" on Iran
Exclusive
Ousted general warned of missile defense shortage before Iran war
