Verizon CEO Dan Schulman says the company is cutting 13,000 jobs
Verizon must "evolve as a company" by slashing costs and restructuring, the wireless telecom's chief executive told employees.
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Verizon must "evolve as a company" by slashing costs and restructuring, the wireless telecom's chief executive told employees.
Nvidia's latest earnings report came in Wednesday, and its results were higher than Wall Street expected. CBS News MoneyWatch correspondent Kelly O'Grady breaks down the numbers.
Nearly 40,000 Americans in 21 states received an impending layoff notice last month, new data from the Federal Reserve Bank of Cleveland shows.
Dario Amodei, the CEO of artificial intelligence safety and research company Anthropic, spoke with "60 Minutes" about the potential dangers of AI, including a potential spike in unemployment by up to 20 percent over the next five years. Contributor Chris Krebs joins CBS News with more.
Employers have slashed nearly 1.1 million jobs through October this year, up 65% from a year ago, new labor data shows.
A trend that started in the technology sector is spreading to other industries, with businesses cutting workers even as their profits expand.
Amazon and UPS on Tuesday announced tens of thousands of job cuts, the latest signal that the U.S. labor market is downshifting.
A new generation is graduating into a job market turned upside down, where artificial intelligence and not humans are taking some entry-level jobs. A $25 million global initiative aims to rewrite the future of work. Ed Skyler, head of enterprise services and public affairs at Citi, joins to discuss.
Six in 10 employees say their jobs are falling short on issues including pay, scheduling and career advancement, a new analysis finds.
What is the purpose of work? It depends on who you ask. "CBS Evening News" co-anchor John Dickerson explains.
The number of unemployed people looking for work more than six months has surged to its highest level since 2021.
The Labor Department was scheduled to release its weekly jobless claims on Thursday, but the agency withheld that report because of the government shutdown. Despite that, the ADP National Employment Report, which looks at the private sector in the U.S., is offering a different glimpse into the job market. CBS News MoneyWatch correspondent Kelly O'Grady breaks down the findings.
Employers have announced nearly 950,000 job cuts through September, the great number of layoffs through September since 2020, an analysis finds.
Uncertainty over U.S. tariffs and other Trump administration economic policies are deterring manufacturers from hiring, according to the Center for American Progress.
Monthly report shows private employers shed 32,000 jobs last month, another sign the labor market is facing new challenges.
When steel and manufacturing jobs dried up over the last several decades in Venice, Illinois, the town lost two-thirds of the population.
When steel and manufacturing jobs dried up over the last several decades in Venice, Illinois, the town lost two-thirds of the population, followed by its only grocery store and only school. But now, Venice hopes to make a comeback that's already underway -- thanks, in part, to the vision of Ed Hightower, a retired school superintendent who has deep roots in the area. James Brown reports.
As the rapid development of artificial intelligence threatens white-collar work, a growing number of young people are opting for blue-collar careers instead. CBS News MoneyWatch reporter Megan Cerullo has more.
According to a new survey of hiring managers, today's high school graduates are getting a failing grade when it comes to being prepared to enter the workforce. To explain the results and solutions to the problem, Neil Bradley, the Chamber of Commerce's chief policy officer, joins to discuss.
The agency's Bureau of Labor Statistics would suspend operations if the U.S. government shuts down this week, potentially delaying key economic reports.
There's three months until Christmas, and companies are already planning for the holiday retail rush. When you place your order this season online, there's likely to be a robot that helps to fill it. CBS News MoneyWatch correspondent Kelly O'Grady shows how robots are speeding up deliveries and how they impact jobs.
The Federal Reserve cut rates for the first time in nine months Wednesday by a quarter point. The decision came as recent employment data showed the U.S. job market might be losing steam. Fed Chair Jerome Powell said there could be even more rate cuts coming later this year. CBS News senior business and technology correspondent Jo Ling Kent reports.
Graduates are entering a turbulent economy, with more competition for entry-level positions.
Graduates are entering a turbulent economy, with more competition for entry-level positions. Job postings have declined by 15%, while the number of applications has increased by 30%, according to a recent report from Handshake. Meg Oliver reports.
A Federal Reserve decision on U.S. interest rates is set to come on Wednesday afternoon. Officials are largely expected to lower rates for the first time in 2025. CBS News MoneyWatch correspondent Kelly O'Grady explains why.
The House voted to adopt a rule for a massive funding package, teeing up a vote on final passage later in the afternoon. Follow live updates here.
Investigators are combing through the house of "Today" show co-host Savannah Guthrie's mother, Nancy, in search of clues to the 84-year-old's disappearance.
Hillary Clinton will appear for a deposition on Feb. 26, while former President Bill Clinton will appear on Feb. 27, according to the House Oversight Committee.
The man whom Jill Biden divorced for the eventual 46th President of the United States is now in jail on murder charges.
Reshona Landfair, known as Jane Doe during R. Kelly's 2022 trial, speaks to "CBS Mornings" for her first TV interview about her new memoir.
Lindsey Vonn, 41, said she ruptured her left anterior cruciate ligament, or ACL, but that she was still planning to compete.
In a state Senate race in Fort Worth's Tarrant County, Democrat Taylor Rehmet defeated Republican Leigh Wambsganss by 14 points — a 30-point swing from President Trump's results in 2024.
A U.S.-flagged tanker heading for Bahrain was approached and threatened by Iranian gunboats in the Strait of Hormuz, a British maritime security firm says.
For the first time, the top 10 cars on Consumer Reports' annual list of best new vehicles also include electric or hybrid models.
Hillary Clinton will appear for a deposition on Feb. 26, while former President Bill Clinton will appear on Feb. 27, according to the House Oversight Committee.
The Democratic members of a U.S. House committee have released the findings of a report examining last month's fatal shootings in Minneapolis by federal immigration officers.
PepsiCo said the price cuts are aimed at making its products more affordable as consumers struggle with affordability.
Investigators are combing through the house of "Today" show co-host Savannah Guthrie's mother, Nancy, in search of clues to the 84-year-old's disappearance.
A NASA mission is underway to map the heliosphere, which is a huge protective bubble around the solar system that was created by the sun.
PepsiCo said the price cuts are aimed at making its products more affordable as consumers struggle with affordability.
Josh D'Amaro, who oversees Disney theme parks and dozens of resort hotels worldwide, will become the next Disney CEO.
For the first time, the top 10 cars on Consumer Reports' annual list of best new vehicles also include electric or hybrid models.
Many Super Bowl 60 ads are already online, along with teasers for commercials that will be unveiled during the NFL championship on Feb. 8.
Starting early Wednesday, United customers won't be able to book flights and access other services as the airline upgrades its reservation system.
Hillary Clinton will appear for a deposition on Feb. 26, while former President Bill Clinton will appear on Feb. 27, according to the House Oversight Committee.
In a state Senate race in Fort Worth's Tarrant County, Democrat Taylor Rehmet defeated Republican Leigh Wambsganss by 14 points — a 30-point swing from President Trump's results in 2024.
The Democratic members of a U.S. House committee have released the findings of a report examining last month's fatal shootings in Minneapolis by federal immigration officers.
President Trump says his administration is seeking $1 billion in damages from Harvard University after a published report said the school had won some concessions in ongoing settlement negotiations with the government.
The House voted to adopt a rule for a massive funding package, teeing up a vote on final passage later in the afternoon. Follow live updates here.
Many Americans are expected to lose ACA or Medicaid coverage in the coming months and years, but doctors and researchers say there are still ways to find affordable care.
As health care costs skyrocket and federal lawmakers pull back help on ACA insurance premiums, more middle-income families are facing tough choices on health care.
In this web exclusive, author and podcaster Mel Robbins talks with Norah O'Donnell about "The Let Them Theory."
In her latest bestseller, the motivational speaker discusses how personal growth is only possible when you stop pouring energy into things you cannot control – which includes changing other people.
Sgt. Chris Johnson was told that his heart condition had nearly been "instantly fatal." Rapid medical care and rigorous therapy helped him recover.
As Iran declares willingness to negotiate with the U.S., a woman who joined the recent protests says Iranians want their leaders out, and they want the U.S. to help.
Caden Fine, 17, from Birmingham, Alabama, and two of his teammates were killed when their vehicle collided with a semi-truck in Canada.
A U.S.-flagged tanker heading for Bahrain was approached and threatened by Iranian gunboats in the Strait of Hormuz, a British maritime security firm says.
"The waves are massive and I have no life jacket on. … I just kept thinking 'just keep swimming, just keep swimming,'" Austin Appelbee said.
French officials search X's office in Paris and ask Elon Musk to answer questions about the platform amid a probe into its algorithms and AI functions.
Activist Gloria Steinem, who has fought for the rights of every woman, is on a mission to inspire the next generation. She is collaborating with Nobel Peace Price laureate Leymah Gbowee, who helped end the civil war in Liberia, on a new children's book. They talk to "CBS Mornings" about their experiences in their fight for equality and deciding to collaborate.
Three former winners of the Westminster Kennel Club Dog Show and their handlers join "CBS Mornings" ahead of this year's Best in Show title being awarded Tuesday. They talk about how they prepared to compete and what retirement is like now.
Josh D'Amaro, who oversees Disney theme parks and dozens of resort hotels worldwide, will become the next Disney CEO.
NFL commissioner Roger Goodell spoke Monday about this year's Super Bowl halftime performer, Bad Bunny, following the artist's message about ICE at the Grammy Awards on Sunday. Goodell said the halftime performance is "used to unite people" and added, "I think Bad Bunny understands that and I think he'll have a great performance."
Chuck Negron, a founding member of Three Dog Night whose lead vocals powered a string of hits for one of the top rock acts of the late 1960s and early '70s has died. He was 83.
Moltbook, a social media platform for AI agents to interact, is growing. The Verge senior AI reporter Hayden Field joins CBS News with more details.
Moltbook was launched last week by a software developer and mirrors the template of Reddit, but it's not for humans. Instead, it allows artificial intelligence agents to post written content and interact with other chatbots through comments, up-votes and down-votes. Tyler Cowen, professor of economics at George Mason University, joins CBS News to discuss.
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.
A new report from Bloomberg says Amazon found hundreds of thousands of cases of suspected child sex abuse material in its AI training data. Bloomberg tech reporter Riley Griffin joined CBS News to discuss.
While Thomas Edison's cylinders were the first to play recorded sound, they were impractical – leading Emile Berliner to come up with a better way to play music: The gramophone, invented in 1887, which played flat discs. Jane Pauley reports.
After decades monitoring polar bears in Norway's far north, researchers say the animals have proven incredibly adaptable, but there are no guarantees for the future.
Dark matter doesn't absorb or give off light so scientists can't study it directly. But they can observe how its gravity warps and bends the star stuff around it.
"CBS Saturday Morning" learns more about Veronika, the clever cow who figured out multiple ways to scratch herself with a broom. It was the first time a cow was seen using a tool.
"Sunday Morning" looks back at historical events on this date.
The Dinosaur National Monument, which is located on the border between Colorado and Utah, was last excavated in 1924.
The man whom Jill Biden divorced for the eventual 46th President of the United States is now in jail on murder charges.
The Democratic members of a U.S. House committee have released the findings of a report examining last month's fatal shootings in Minneapolis by federal immigration officers.
Reshona Landfair, who testified as Jane Doe in R. Kelly's 2022 federal trial in Chicago, tells CBS News' Jerick Duncan that the release of the 2019 docuseries "Surviving R. Kelly" was a pivotal moment in her life. Duncan joins CBS News 24/7 Mornings with more.
The Pima County Sheriff's Department is holding a news conference on Tuesday afternoon over the disappearance of Savannah Guthrie's 84-year-old mother, Nancy, which authorities believe was an abduction. A little bit of blood was found at Guthrie's home, sources told CBS News. Andres Gutierrez has the latest.
Investigators are combing through the house of "Today" show co-host Savannah Guthrie's mother, Nancy, in search of clues to the 84-year-old's disappearance.
A NASA mission is underway to map the heliosphere, which is a huge protective bubble around the solar system that was created by the sun.
NASA says it can't try until March at the earliest to send a crewed spacecraft on a flight around the moon and back, due to hydrogen leaks during testing of the Artemis II rocket.
Artemis II echoes the Apollo-era missions that paved the way for the first moon landing — and sets the stage for what comes next.
More than 50 years after NASA's last human mission to the moon, four astronauts, three Americans and a Canadian, are set for the 10-day Artemis II mission to the far side of the moon.
If the countdown and fueling test go well, four astronauts will set their sights on a Super Bowl Sunday launch to the moon.
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.
A federal judge blocked the Trump administration from ending Temporary Protected Status (TPS) for 350,000 Haitians. CBS News immigration correspondent Camilo Montoya-Galvez has more.
Senate Minority Leader Chuck Schumer reacted to President Trump's latest comments urging Republicans to nationalize the U.S. voting process, calling it "outlandishly illegal." CBS News chief White House correspondent Nancy Cordes has more.
Homeland Security Secretary Kristi Noem announced that immigration officials in Minneapolis will start wearing body cameras amid backlash from the killings of Renee Good and Alex Pretti. CBS News' Omar Villafranca has more.
Reshona Landfair, who testified as Jane Doe in R. Kelly's 2022 federal trial in Chicago, tells CBS News' Jerick Duncan that the release of the 2019 docuseries "Surviving R. Kelly" was a pivotal moment in her life. Duncan joins CBS News 24/7 Mornings with more.
While some parts of the U.S. have received unusually high levels of snow this season, certain western states like Colorado are seeing record lows. CBS News national environmental correspondent David Schechter joins with more.