Layoffs this year are at their highest level since 2020, report finds
Employers have announced nearly 950,000 job cuts through September, the great number of layoffs through September since 2020, an analysis finds.
Employment
The U.S. has lost thousands of manufacturing jobs this year, 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.
The only jobs data we may see this week show labor market is cooling fast
Monthly report shows private employers shed 32,000 jobs last month, another sign the labor market is facing new challenges.
Small Illinois town finds hope in new school and grocery store
When steel and manufacturing jobs dried up over the last several decades in Venice, Illinois, the town lost two-thirds of the population.
Illinois town finds hope in new grocery store
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.
AI pushes some to skilled trade work
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.
Employers say high school graduates aren't ready
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.
Labor Dept. says a government shutdown could delay Friday's jobs report
The agency's Bureau of Labor Statistics would suspend operations if the U.S. government shuts down this week, potentially delaying key economic reports.
How Amazon uses robots to speed up deliveries
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.
How significant is the Fed's latest rate cut?
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.
Recent grads face tougher odds in the job market
Graduates are entering a turbulent economy, with more competition for entry-level positions.
College grads struggle to find jobs
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.
Why signs are pointing to a Fed rate cut
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.
How businesses are using short stories and discussion to build empathy
Reflection Point is billed as a book club redesigned for the modern worker.
Workplace reading program aims to boost business
A program called Reflection Point is billed as a book club redesigned for the modern worker, where colleagues gather to share opinions and practice communication skills they can use later at work. Janet Shamlian spoke to employees who are finding success through the initiative.
Breaking down the latest inflation numbers
New data from the Labor Department shows that inflation ticked up last month with the consumer price index rising by nearly 3% in August compared to the year before. CBS News MoneyWatch correspondent Kelly O'Grady reports.
Labor Dept watchdog launches probe into the Bureau of Labor Statistics
Internal review, which will focus on how BLS collects and reports economic data, follows claims by President Trump that the statistics bureau is politicized.
Trump responds to jobs report revisions
The Bureau of Labor Statistics revised its jobs report to show that the U.S. added 911,000 fewer jobs than previously reported between March 2024 and March 2025. Meanwhile, President Trump continued his attacks on the agency's data collection, telling reporters he should look at the revised data. CBS News business contributor Javier David has more.
Wegovy maker Novo Nordisk says it's cutting 9,000 workers
Novo Nordisk said the job cuts will eliminate about 11% of its workforce, with 5,000 of the reductions in Denmark.
Reporter's Notebook: End of the Great Resignation?
The Great Resignation was the pandemic-era phenomenon of workers leaving for better jobs or jobs that held more meaning. Now, there are signs that this period has reached closing time. "CBS Evening News" co-anchor John Dickerson explains.
How AI is affecting early-career workers
The unemployment rate for 20 to 24 year olds is more than 9% — double the national average. New research shows artificial intelligence is making it even harder to land a first job. Bharat Chander, researcher at the Stanford Digital Economy Lab, joins to discuss.
Labor market added 911,000 fewer jobs than earlier reported, BLS says
The downward revision from the Bureau of Labor Statistics shows the job market was slowing in 2024 and early 2025.
Unpacking major downward revision in U.S. jobs
The Bureau of Labor Statistics released updated hiring numbers from April 2024 through March of 2025, showing employers added 911,000 fewer jobs that initially recorded over those months. Kelly O'Grady explains.
Will Fed cut interest rates by half a point?
Revised data from the Bureau of Labor Statistics showed the U.S. economy added nearly a million fewer jobs for the 12 months that ended this past March than previously reported. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Former CBO director slams Trump's economy
The Bureau of Labor Statistics on Tuesday said the U.S. added 911,000 fewer jobs than previously reported in the 12-month period ending in March 2025. Douglas Holtz-Eakin, former director of the Congressional Budget Office, joins "The Takeout" to discuss the state of the U.S. economy.
Live
As U.S.-Israeli war with Iran intensifies, Trump says it is "ahead of schedule"
President Trump's assurances that a rising U.S. death toll and soaring energy prices will be temporary and worth the pain are failing to assuage jittery investors.
Trump says Iran war will end "very soon" at Florida news conference
At a Miami-area news conference President Trump said he expects the war in Iran to end "very soon," but also called it "the beginning of building a new country."
Alexander brothers found guilty on all charges in sex trafficking trial
Jurors in Manhattan federal court reached a verdict Monday after weeks of testimony in the sex trafficking trial of brothers Tal, Oren and Alon Alexander.
Trump tells CBS News "the war is very complete"
President Trump told CBS News the U.S. war with Iran is "very complete," and said the U.S. "could do a lot" about the Strait of Hormuz.
U.S. designates Afghanistan as a state sponsor of wrongful detention
Secretary of State Marco Rubio formally designated Afghanistan as a state sponsor of wrongful detention, paving the way for the Trump administration to impose penalties such as sanctions and export controls.
FBI launches terrorism probe into IED attack outside Mamdani's residence
Two men from Pennsylvania are facing federal charges for the incident. Video captured someone yelling "Allahu Akbar" just as a protester threw an "ignited device" during an anti-Islam demonstration in New York City.
For 2nd time, judge rules top DOJ officials in New Jersey are serving unlawfully
A judge ruled last summer that President Trump's former lawyer Alina Habba was illegally serving as top New Jersey's federal prosecutor. On Monday, Habba's replacements were also disqualified.
Here's how much Americans are paying for gas as oil prices spike
The U.S. average gas price has jumped 48 cents since last week, with experts predicting that higher fuel costs could persist for months.
Hegseth says Iran will eventually have no choice but to surrender
Secretary Pete Hegseth says it's President Trump who will set the terms of Iran's surrender, noting the U.S. is confident it will come, even as Iran's president said the U.S. demand for "unconditional surrender" is "a dream that they should take to their grave."
U.S.
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Alexander brothers found guilty on all charges in sex trafficking trial
Jurors in Manhattan federal court reached a verdict Monday after weeks of testimony in the sex trafficking trial of brothers Tal, Oren and Alon Alexander.
Trump says Iran war will end "very soon" at Florida news conference
At a Miami-area news conference President Trump said he expects the war in Iran to end "very soon," but also called it "the beginning of building a new country."
Raw oysters and clams recalled in 9 states over norovirus risks
Food containing norovirus may smell and taste normal but still cause serious illness if consumed, FDA warns.
California rep. leaves GOP to become an independent, complicating majority
Rep. Kevin Kiley of California said Monday he was immediately leaving the Republican Party to become an independent.
Here's how much Americans are paying for gas as oil prices spike
The U.S. average gas price has jumped 48 cents since last week, with experts predicting that higher fuel costs could persist for months.
MoneyWatch
More MoneyWatch
Raw oysters and clams recalled in 9 states over norovirus risks
Food containing norovirus may smell and taste normal but still cause serious illness if consumed, FDA warns.
Here's how much Americans are paying for gas as oil prices spike
The U.S. average gas price has jumped 48 cents since last week, with experts predicting that higher fuel costs could persist for months.
Anthropic sues Trump administration over "supply chain risk" order
Anthropic sued the Defense Department and other federal agencies on Monday over the government's move to designate it a risk to the supply chain.
Stocks regain ground after early losses as oil prices cool
After a sharp drop in early trading, stocks recovered part of those losses as oil prices fell back below $100.
Live Nation to open Ticketmaster to other sellers in U.S. antitrust deal
Live Nation, the parent company of Ticketmaster, has reached a deal with the Department of Justice as part of a high-stakes antitrust trial.
Politics
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U.S. designates Afghanistan as a state sponsor of wrongful detention
Secretary of State Marco Rubio formally designated Afghanistan as a state sponsor of wrongful detention, paving the way for the Trump administration to impose penalties such as sanctions and export controls.
For 2nd time, judge rules top DOJ officials in New Jersey are serving unlawfully
A judge ruled last summer that President Trump's former lawyer Alina Habba was illegally serving as top New Jersey's federal prosecutor. On Monday, Habba's replacements were also disqualified.
Trump says Iran war will end "very soon" at Florida news conference
At a Miami-area news conference President Trump said he expects the war in Iran to end "very soon," but also called it "the beginning of building a new country."
Trump tells CBS News "the war is very complete"
President Trump told CBS News the U.S. war with Iran is "very complete," and said the U.S. "could do a lot" about the Strait of Hormuz.
California rep. leaves GOP to become an independent, complicating majority
Rep. Kevin Kiley of California said Monday he was immediately leaving the Republican Party to become an independent.
HealthWatch
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Raw oysters and clams recalled in 9 states over norovirus risks
Food containing norovirus may smell and taste normal but still cause serious illness if consumed, FDA warns.
More kids are in ERs for tooth pain. Budget cuts and fluoride fights aren't helping.
Dentists, hygienists, and researchers say a shortage of rural dental care professionals and worsening oral hygiene since the COVID-19 pandemic mean more kids are ending up in the emergency room for tooth decay.
Baby sleepsuit sold at Walmart recalled over potential choking hazard
The zipper head on the recalled HALO Magic Sleepsuits poses a danger to babies, according to the U.S. Consumer Product Safety Commission.
A Pilates teacher thought she had the flu. Doctors found aggressive cancer
Debi Weiss thought her fatigue and weakness was a seasonal illness, but her condition quickly worsened.
Trump administration's embattled FDA vaccine chief is leaving — again
In July, Prasad was briefly forced from his job, but was reinstated less than two weeks later.
World
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U.S. designates Afghanistan as a state sponsor of wrongful detention
Secretary of State Marco Rubio formally designated Afghanistan as a state sponsor of wrongful detention, paving the way for the Trump administration to impose penalties such as sanctions and export controls.
Trump tells CBS News "the war is very complete"
President Trump told CBS News the U.S. war with Iran is "very complete," and said the U.S. "could do a lot" about the Strait of Hormuz.
23 soccer players sent off after huge brawl in Brazilian Cup final
Former Brazil forward Hulk was among the players sent off following the violence that lasted more than a minute.
Trump says he's "not happy" about Iran's new supreme leader
Mojtaba Khamenei was named Iran's new supreme leader following the death of his father in the U.S.-Israeli strikes.
Police warn of "crocs absolutely everywhere" after Australia floods
Police in Australia warned of crocodiles "absolutely everywhere" and said they had moved more than 1,000 people across the state into shelter after massive floods.
Entertainment
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Entertainment
Latest on shots fired at Rihanna's home
A woman has been arrested for allegedly firing several shots Sunday at the Beverly Hills home of pop music star Rihanna. CBS News Los Angeles' Tina Patel reports.
Live Nation to open Ticketmaster to other sellers
Live Nation, the parent company of Ticketmaster, has agreed to pay $280 million in civil penalties to 40 states that sued the company on antitrust grounds. As part of the settlement, Ticketmaster must also open technology to allow other ticket sellers to use its platform to reach customers, multiple sources told CBS News. Yasmin Khorram, economic policy reporter for Politico, joined CBS News to discuss.
Matthew Fox on starring in "The Madison"
Matthew Fox, who starred in the hit series "Lost," talks about being part of the cast for the new Paramount+ show "The Madison." He describes how he relates to his character, why he decided to return to Hollywood and working with Kurt Russell again.
Controversy over new series "Love Story"
Daryl Hannah, who dated John F. Kennedy Jr. in the 1990s, criticized the series "Love Story" and its portrayal of her. The FX series is about JFK Jr. and Carolyn Bessette, focusing on their courtship and marriage, which began after Kennedy's relationship with Hannah. In The New York Times, Hannah said the portrayal of her is "not even remotely accurate."
Rihanna's Beverly Hills home hit by gunfire; suspect arrested, LAPD says
A woman was arrested on Sunday for firing multiple shots at the Beverly Hills home of Rihanna, Los Angeles Police Department officials say.
Technology
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Technology
The evolution of Apple over 50 years
David Pogue, an author and correspondent for "CBS Sunday Morning," talks about covering the rise of Apple over his career as the company is set to turn 50 next month, and his new book, "Apple: The First 50 Years."
Overusing artificial intelligence can give workers "AI brain fry," study finds
Artificial intelligence can give some workers "brain fry" if overused, according to a new study published in Harvard Business Review.
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.
Extended interview: Tim Cook
In this web exclusive, Tim Cook, the CEO of Apple, talks with "Sunday Morning" correspondent David Pogue (author of "Apple: The First 50 Years") to discuss the company's first half-century and its constant focus on "the next thing." He also talks about the vision of Steve Jobs, whose return to Apple in 1997 reinvigorated the company.
Apple turns 50, in a world it helped create
David Pogue, author of "Apple: The First 50 Years," talks with Apple's co-founder Steve Wozniak, CEO Tim Cook, and others about the vision of Steve Jobs, and how the company's products and services have reshaped life, technology and culture in the 21st century.
Science
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Sea levels higher than thought due to "methodological blind spot," study says
A new study in the journal Nature says most sea level rise research may have underestimated coastal water heights by an average of 1 foot.
NASA announces major overhaul of Artemis moon program "to take down risk"
NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
What scientists will be looking for when government UFO files are released
Documents might help scientists shed light on unexplained phenomena and government secrets, experts said.
In a first, shark seen on camera in Antarctica waters, surprising researchers
A large shark was caught on camera for the first time in Antarctica's waters, surprising researchers. "There's a general rule of thumb that you don't get sharks in Antarctica," one said.
How Washington's crossing of the Delaware presaged a changing world
On the evening of Christmas 1776, Gen. George Washington surprised the King's forces by leading the Continental Army in a surprise crossing of a near-frozen Delaware River - a watershed military maneuver that dramatized a changing America, and a changing climate.
Crime
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Alexander brothers found guilty on all charges in sex trafficking trial
Jurors in Manhattan federal court reached a verdict Monday after weeks of testimony in the sex trafficking trial of brothers Tal, Oren and Alon Alexander.
Teacher dies after alleged prank goes wrong
A Georgia community is in mourning after a beloved teacher died during an alleged student prank gone wrong. CBS News correspondent Elaine Quijano reports.
Charges announced in NYC explosives attack
Charges have been announced against two men after an explosive device was ignited outside New York City Mayor Zohran Mamdani's residence over the weekend. CBS News' Anna Schecter has more.
Latest on explosive devices at Gracie Mansion
TATP, or triacetone triperoxide, was found inside undetonated explosive devices near New York City Mayor Zohran Mamdani's house, NYPD Commissioner Jessica Tisch said on Monday. She also said the incident is being investigated as "an act of ISIS-inspired terrorism." CBS News' Anna Schecter has more details.
Latest on devices at NYC mayor mansion
New York City Mayor Zohran Mamdani and New York Police Department Commissioner Jessica Tisch provided updates on the explosive devices outside of the Gracie Mansion on Sunday after tensions escalated between two different protest groups. Tisch said the devices are being investigated as "an act of ISIS-inspired terrorism." CBS News senior coordinating producer Anna Schecter has more.
Space
More Space
Space
Why NASA is overhauling Artemis program
NASA has announced a major overhaul of its Artemis moon program amid ongoing safety concerns. CBS News space consultant Bill Harwood has more details.
How NASA plans to get astronauts on the moon
NASA announced an overhaul to its Artemis moon program as safety concerns persist. CBS News space contributor Christian Davenport breaks down the key takeaways.
NASA announces major overhaul of Artemis moon program "to take down risk"
NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
Safety concerns over NASA's Artemis program
NASA's Artemis II mission continues to face concerns and delays. Scott E. Parazynski, a former astronaut, joins CBS News with more.
NASA rolls Artemis II back for repairs
NASA is rolling back the Artemis II moon rocket from its launch pad at the Kennedy Space Center in Florida. It is expected to take up to 12 hours to move the 322-foot rocket, with the journey spanning four miles back to its hangar for repairs. CBS News space consultant Bill Harwood has more.
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.
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?
The life & near death of prizefighter Christy Salters-Martin
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
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
Travelers face hours-long delays amid shutdown
The partial government shutdown over funding for the Department of Homeland Security is causing delays at airports nationwide. CBS News reporter Kati Weis has more from Louis Armstrong New Orleans International Airport.
Trump "disappointed" in Iran's pick for leader
President Trump gave updates on the war in Iran on Monday, saying he was "disappointed" in the country's new choice of leadership, the former supreme leader's son, Mojtaba Khamenei. CBS News congressional correspondent Nikole Killion joins to discuss takeaways from the news conference. Then, Joe Zacks, former deputy assistant director for counterterrorism at the CIA, joins with analysis.
Stock market volatility amid Iran war uncertainty
Gas prices rose 14% during the first week of the joint U.S.-Israel war with Iran, according to AAA. CBS News contributor J.D. Durkin joins from the New York Stock Exchange with analysis.
Jan. 6 plaque honoring Capitol Police installed
After years of delays, a plaque honoring the officers who protected the U.S. Capitol during the Jan. 6 attack has finally been installed -- but you may not be able to see it. CBS News justice correspondent Scott MacFarlane explains.
Trump: SAVE Act would "guarantee the midterms"
President Trump is vowing not to sign any bills until the Senate passes the SAVE Act, which would add strict new voting requirements across the country. CBS News congressional reporter Taurean Small has more.