Why the "no hire, no fire" job market may no longer be a thing
Amazon and UPS on Tuesday announced tens of thousands of job cuts, the latest signal that the U.S. labor market is downshifting.
Employment
Push to close AI skills gap among young workers
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.
60% of workers are unhappy with key aspects of their job, survey finds
Six in 10 employees say their jobs are falling short on issues including pay, scheduling and career advancement, a new analysis finds.
Reporter's Notebook: What is work for?
What is the purpose of work? It depends on who you ask. "CBS Evening News" co-anchor John Dickerson explains.
Why a surge in long-term unemployed workers is ringing alarm bells
The number of unemployed people looking for work more than six months has surged to its highest level since 2021.
Data: 32,000 private jobs lost in September
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.
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.
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.
Trump puts Jay Clayton's nomination for intel chief on hold
The president says he's trying to force Congress to pass a voter ID bill that currently lacks enough support to be approved.
Live
Israel's war with Hezbollah looms over planned U.S.-Iran deal signing
With the specifics of the U.S.-Iran deal still unclear, Israel continues strikes in Lebanon and shippers face mixed messages on the Strait of Hormuz.
Detainees moved out of "Alligator Alcatraz" over hurricane concerns, ICE says
ICE has moved detainees out of a controversial soft-sided detention center in the Florida Everglades known as "Alligator Alcatraz," a spokesperson said, citing safety concerns around hurricane season.
What to expect as Kevin Warsh leads his first Fed interest rate meeting
New Fed Chairman Kevin Warsh is stepping in at a critical juncture for the U.S. economy, with inflation at its highest level in more than three years.
Trump invokes Defense Production Act to boost weapons manufacturing
President Trump has invoked the Defense Production Act to address constraints in the production of munitions, according to a presidential memo released Tuesday.
Dramatic rescue efforts after fiery small plane crash in Texas kills 1
A business jet with six on board crashed on a Laredo, Texas, highway and caught fire, killing one person and causing chaos as passersby frantically tried to save those inside.
Messi ties men's World Cup goals record with first World Cup hat trick
Lionel Messi tied the Men's World Cup goals record with his first World Cup hat trick as Argentina topped Algeria.
Feds reveal new details of alleged plot to attack White House UFC event
The FBI said it disrupted an attempt to attack Sunday's UFC America 250 event at the White House, with court records detailing an alleged plot to use small drones carrying explosives.
Trump-backed Rep. Mike Collins projected to win Georgia GOP Senate primary runoff
Rep. Mike Collins will face off against Democratic Sen. Jon Ossoff in November as Republicans look to Georgia to deliver a key GOP victory that could determine control of the Senate.
U.S.
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Want to start a business? AI can help, business owners say
AI is slashing the cost of starting and running a business. "Everything has decreased in cost and increased in speed," one entrepreneur said.
Dramatic rescue efforts after fiery small plane crash in Texas kills 1
A business jet with six on board crashed on a Laredo, Texas, highway and caught fire, killing one person and causing chaos as passersby frantically tried to save those inside.
Trump-backed Barry Moore projected to win runoff in Alabama GOP Senate primary
Rep. Barry Moore won the Republican Senate runoff in Alabama on Tuesday night, CBS News projects, defeating political newcomer and U.S. Navy Seal Jared Hudson.
Trump-backed Rep. Mike Collins projected to win Georgia GOP Senate primary runoff
Rep. Mike Collins will face off against Democratic Sen. Jon Ossoff in November as Republicans look to Georgia to deliver a key GOP victory that could determine control of the Senate.
Alleged D.C. National Guard shooter could face death penalty with new charges
New charges were filed against a man accused of fatally shooting one National Guard member and gravely injuring another in Washington, D.C., opening the door for the DOJ to seek the death penalty if he's convicted.
MoneyWatch
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Want to start a business? AI can help, business owners say
AI is slashing the cost of starting and running a business. "Everything has decreased in cost and increased in speed," one entrepreneur said.
What to expect as Kevin Warsh leads his first Fed interest rate meeting
New Fed Chairman Kevin Warsh is stepping in at a critical juncture for the U.S. economy, with inflation at its highest level in more than three years.
Yum! Brands sells struggling Pizza Hut in $2.7 billion deal
The sale will split ownership of the pizza chain between a U.S.-based private equity firm and a Chinese restaurant company.
SpaceX to buy AI coding assistant Cursor for $60 billion
The deal comes just days after SpaceX went public in the largest IPO in history, raising $75 billion to help fund its expansion.
Electricity costs expected to hit record this summer, new analysis finds
A new analysis projects how much Americans will pay for electricity from June to September, depending on their state of residence.
Politics
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Robert White wins Democratic primary for D.C. delegate to Congress
Robert White's win in the heavily Democratic city sets him up to take the top spot in November's general elections, when he could replace 18-term delegate Eleanor Holmes Norton.
Trump puts Jay Clayton's nomination for intel chief on hold
President Trump delayed Jay Clayton's nomination to lead the U.S. intelligence community, saying he's trying to force Congress to pass a voter ID bill that currently lacks enough support to be approved.
Detainees moved out of "Alligator Alcatraz" over hurricane concerns, ICE says
ICE has moved detainees out of a controversial soft-sided detention center in the Florida Everglades known as "Alligator Alcatraz," a spokesperson said, citing safety concerns around hurricane season.
Trump-backed Barry Moore projected to win runoff in Alabama GOP Senate primary
Rep. Barry Moore won the Republican Senate runoff in Alabama on Tuesday night, CBS News projects, defeating political newcomer and U.S. Navy Seal Jared Hudson.
Latest U.S. strike on alleged drug boat kills 1, leaves 2 survivors, Pentagon says
Critics have questioned the overall legality of the boat strikes as well as their effectiveness since the U.S. military began them in September 2025.
HealthWatch
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Ebola outbreak still spreading in Congo: "We are missing cases"
A WHO official tells CBS News Ebola is still spreading in Congo after a month, as experts race to contain the outbreak in Central Africa.
American doctor who recovered from Ebola back in U.S., says he's "feeling well"
Dr. Peter Stafford, his wife, Rebekah Stafford, and their four children all arrived safely on Monday, according to Serge, a Pennsylvania-based Christian missions organization.
They're uninsured after Obamacare became too costly. They're far from alone.
After congressional Republicans let expanded subsidies for Affordable Care Act plans expire at the end of last year, some families have decided the price is too great of a financial burden and canceled their coverage.
Organic formula recalled after 3 babies diagnosed with infant botulism
The affected formula was sold at Target and at Nara.com, according to the Food and Drug Administration.
6/14: Sunday Morning
Hosted by Jane Pauley. Featured: The lack of obesity in Japan; Vice President JD Vance and second lady Usha Vance; former child star Bill Mumy; the past and future of the Houston Astrodome; a time capsule for America's 500th birthday; and soccer art made with gum wrappers.
World
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Live
Trump says Iran deal not final, will resume bombing "if they don't behave"
President Trump warns he could order new strikes if Iran's leaders "don't behave," two days before the expected signing of a deal that remains vaguely defined.
Latest U.S. strike on alleged drug boat kills 1, leaves 2 survivors, Pentagon says
Critics have questioned the overall legality of the boat strikes as well as their effectiveness since the U.S. military began them in September 2025.
Senate rejects latest resolution to limit Trump's Iran war powers
The Senate narrowly rejected a war powers resolution on Iran as President Trump touts a framework agreement with Tehran to end the monthslong conflict.
Dead or stranded: Commercial sailors suffer in the Strait of Hormuz
India alone has more than 18,000 sailors stuck across the Persian Gulf region. Some tell CBS News it feels like they're "in jail."
Russian artist and Putin critic shot dead in Poland
Semyon Skrepetsky was known for performances and artwork attacking Russian President Vladimir Putin and other authoritarian leaders.
Entertainment
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Messi ties men's World Cup goals record with first World Cup hat trick
Lionel Messi tied the Men's World Cup goals record with his first World Cup hat trick as Argentina topped Algeria.
America250 announces concert headliners, host
Chris Stapleton and The Smashing Pumpkins are set to headline America250's "America's Block Party Concert," with Queen Latifah set to host. Rosie Rios, the chair of America250, joins CBS News 24/7 with more.
A look at the adaptation of "I Will Find You"
Harlan Coben talks about casting for the Netflix adaptation of his 2023 bestselling novel "I Will Find You." The series stars Sam Worthington, who describes how fatherhood impacted him in his role and how he sees his character.
"Star Wars" lightsaber and more iconic film props going up for auction
Luke Skywalker's lightsaber from the "Star Wars" sequel "The Empire Strikes Back" is expected to sell for at least $1 million at an upcoming auction.
Serena and Venus Williams to play doubles together again, at Wimbledon
Serena and Venus Williams are getting back together as a doubles team, at Wimbledon. The last time the sisters were a doubles duo was at the 2022 U.S. Open, where they lost their opening match.
Technology
More Technology
Want to start a business? AI can help, business owners say
AI is slashing the cost of starting and running a business. "Everything has decreased in cost and increased in speed," one entrepreneur said.
SpaceX to buy AI coding assistant Cursor for $60 billion
The deal comes just days after SpaceX went public in the largest IPO in history, raising $75 billion to help fund its expansion.
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.
Anthropic to meet Trump officials, Axios says
Anthropic's senior staff is planning to meet with White House officials amid a recent dispute over the company's safety measures. Maria Curi, a tech reporter for Axios, has more.
U.K. announces plan to ban social media for children under 16
U.K. Prime Minister Keir Starmer hopes to have a ban on kids using social media that is "designed to be addictive" enacted by early next year.
Science
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Science
Watch: Pentagon releases 6 new UFO videos
The Defense Department released a third batch of UFO files on Friday, three weeks after its second drop. These are all of the videos in the latest tranche, plus analysis from astrophysicist Avi Loeb.
Goblin shark seen alive in natural deep-sea habitat for the first time
The goblin shark had only previously been seen when caught by fishermen and they died shortly afterward.
World's largest whale graveyard found by sub at bottom of ocean
The researchers saw many strange animals — many believed to be new to science — living off the whale carcasses.
NASA names 4 astronauts for next Artemis mission
NASA's Artemis III astronauts plan to carry out rendezvous and docking procedures with commercial moon landers being built by SpaceX and Blue Origin.
Great white shark captured on video in Mediterranean in rare sighting
Great white sharks are classified as "critically endangered" in the Mediterranean Sea, and underwater sightings are incredibly rare.
Crime
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Crime
Former FBI agent on alleged UFC attack plot
Law enforcement sources tell CBS News officials allegedly seized weapons, thousands of rounds of ammunition, and tactical gear while conducting search warrants in connection with the foiled plot to attack the UFC event at the White House over the weekend. CBS News security and law enforcement contributor Lance Leising has more.
Police: Wilmington shooting suspect at large
Police in Delaware are still searching for a suspect who shot two people at Wilmington Hospital on Tuesday, officials said at a news conference. At least one person is dead and another injured.
FBI foils alleged murder plot at UFC fight
Federal prosecutors charged at least five people in connection with an alleged plot to kill the president and countless others at Sunday's UFC cage fight on the White House lawn. Ed O'Keefe reports.
5 charged in foiled White House UFC plot
The FBI disrupted an alleged plot targeting the White House UFC event, officials announced Tuesday. CBS News Department of Justice reporter Jake Rosen has the details.
Alleged D.C. National Guard shooter could face death penalty with new charges
New charges were filed against a man accused of fatally shooting one National Guard member and gravely injuring another in Washington, D.C., opening the door for the DOJ to seek the death penalty if he's convicted.
Space
More Space
NASA chief defends choice of all-male crew for Artemis III mission
NASA's Jared Isaacman says the crew was selected solely based on their experience, expertise and availability for flight assignment.
NASA names 4 astronauts for next Artemis mission
NASA's Artemis III astronauts plan to carry out rendezvous and docking procedures with commercial moon landers being built by SpaceX and Blue Origin.
Space station crew briefly moves to "safe haven" amid concerns over leaks
Out of an abundance of caution, NASA briefly directed five of the seven crew members aboard the International Space Station to wait inside the docked SpaceX Crew Dragon "Freedom" spacecraft.
Sun erupts with 3 solar flares, raising chances of northern lights for U.S.
Three solar flares burst from the sun this week, raising the chances of seeing the northern lights for people across the United States.
NASA reluctantly gives up on lost orbiter: "Best Mars mission ever"
NASA officials said the $582 million MAVEN orbiter could not be recovered after a problem on the far side of Mars late last year, and that its extraordinarily successful mission was at an end.
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.
Summer music highlights of 2026
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.
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?
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
Extreme weather in South, Gulf Coast
Heavy rain on Tuesday hammered parts of Texas, Louisiana and Mississippi, creating dangerous conditions and leaving drivers stranded. Jason Allen reports.
Small plane crashes on busy Texas highway
A small plane crashed on a busy highway in Texas on Tuesday and caught on fire. People jumped into action to help those on board escape. One person was killed, police say. Lilia Luciano reports.
Sneak peek: "Dead Girls Don't Talk"
A man charged with murder for poisoning two women tells a friend, "dead girls don't talk." Brave survivors speak out on their behalf. "48 Hours" contributor Jonathan Vigliotti reports Saturday, June 20 at 10/9c* on CBS and streaming on Paramount+. (*Following the WNBA on CBS)
Details of U.S.-Iran peace deal remain unknown
Lawmakers on Capitol Hill are calling on the White House to release the text of the tentative deal reached with Iran to end the war. Both Democrats and Republicans have said they are eager to see the details. CBS News national security analyst Aaron MacLean has more.
Former FBI agent on alleged UFC attack plot
Law enforcement sources tell CBS News officials allegedly seized weapons, thousands of rounds of ammunition, and tactical gear while conducting search warrants in connection with the foiled plot to attack the UFC event at the White House over the weekend. CBS News security and law enforcement contributor Lance Leising has more.