U.S. added 223,000 jobs in December
CBS News contributor Javier David joined Anne-Marie Green and Vladimir Duthiers with to discuss the latest jobs report, which shows U.S. employers added 223,000 jobs in December.
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CBS News contributor Javier David joined Anne-Marie Green and Vladimir Duthiers with to discuss the latest jobs report, which shows U.S. employers added 223,000 jobs in December.
A new Labor Department report shows new jobless claims fell to 204,000 in the final week of 2022. That is the lowest number since September. But the numbers are not necessarily good news for the Federal Reserve as it tries to cool the economy. CBS News' Errol Barnett and Lana Zak are joined by Gregory Daco, chief economist at EY-Parthenon, to discuss the economic trends.
Janet Yellen on recession fears, inflation and the war in Ukraine; Families suing social media companies; Cape Town's College of Magic.
Investors are looking for any positive signs to bounce back from a down 2022 in the stock market. Chief investment officer Ahmed Riesgo of Insigneo joined CBS News to discuss where those signs might come from.
International Monetary Fund managing director Kristalina Georgieva warned that the global economy could face a "tough year" in 2023 in an interview on "Face the Nation." Threadneedle Ventures founder Ann Berry joined CBS News' Vladimir Duthiers and Anne-Marie Green to discuss the likelihood of a recession, rising interest rates and the global economy.
J.D. Durkin, host of "The Street," joined CBS News to discuss the gains made by the stock market Thursday, and what investors are looking for going into 2023.
The personal consumption expenditures price index, the Federal Reserve's preferred measure of inflation, eased again in November. It's another sign high consumer prices are coming down. Frances Stacy, director of strategy at Optimal Capital, discussed the impact of inflation on the stock market.
Personal consumption expenditures increased at the lowest rate in over a year, showing the long run-up in prices is likely ending.
Home prices are on a decline as the Federal Reserve continues to raise interest rates to tame inflation. Skylar Olsen, chief economist at Zillow, joined CBS News' Catherine Herridge to discuss how rising interest rates are affecting the housing market and what homeowners and home buyers should do.
The Dow dropped another 300 points at its opening Friday, the index's third straight day of losses after news of a rise in interest rates and a drop in retail spending. Jesse Wheeler, an economic analyst for Morning Consult, joins CBS News to discuss the latest financial news and what the future holds.
The Dow Jones Industrial Average had its third straight day of losses after the Federal Reserve announced an interest rate hike. Senior columnist at Yahoo Finance Rick Newman joins CBS News to discuss the impact on the markets.
Mortgage rates drop for the fifth week in a row despite the Federal Reserve's recent interest rate hike. BancAlliance President Lori Bettinger joins CBS News Mornings to explain what's spurring the dip.
Stocks on Wall Street plunged Thursday, a day after the Federal Reserve announced yet another interest rate hike. Megan Greene, senior fellow at Brown University, and the global chief economist for the Kroll Institute, joins CBS News' "Prime Time" to discuss the state of the economy.
The Federal Reserve raised interest rates again as it tries to ease inflation. Tanya Rivero takes a look at what it means for the housing market.
The Federal Reserve raised interest rates Wednesday for the seventh time this year. However, the latest rate hike is slightly lower than the last several increases. CBS News chief White House correspondent Nancy Cordes; Javier David, a CBS News contributor and managing editor of business and markets for Axios; and J.D. Durkin, a host for financial news website TheStreet, discussed the latest move from the nation's central bank.
The Federal Reserve boosted its benchmark interest rate by 0.5 percentage point, marking its seventh consecutive hike this year. David Wessel, the director of the Hutchins Center on Fiscal and Monetary Policy at the Brookings Institution, joined John Dickerson to discuss the Fed's efforts to bring inflation down.
The central bank boosted interest rates for the seventh time this year, which means pricier debt and loans.
Rates are at their highest level in 15 years as policymakers try to tamp down inflation without torpedoing the economy.
The Federal Reserve raised interest rates by half a point Wednesday, and the Dow Jones Industrial Average index fell following the announcement before briefly spiking when Fed Chairman Jerome Powell said that he wouldn't rule out the prospect of a soft landing. J.D. Durkin, host of "TheStreet," joined CBS News to look back on the Fed's work in 2022 and discuss what Americans should expect in the coming year.
The Federal Reserve is expected to raise interest rates Wednesday for the seventh time this year. But experts believe the anticipated hike will be slightly lower than the last several increases. CBS News senior White House and political correspondent Ed O'Keefe discussed what the Fed's next move means for the White House.
For the seventh time this year, the U.S. Federal Reserve is expected to increase interest rates, putting things like mortgages and credit cards in flux. Ayelet Sheffey, senior economic policy reporter with Business Insider, joins CBS News to talk about how it will affect Americans.
The Labor Department reported Tuesday that the Consumer Price Index rose 7.1% over the last 12 months, the slowest rate of inflation since December of 2021. William Lee, chief economist for the Milken Institute, joined CBS News to discuss the latest data.
The annual inflation rate hit 7.1% in November, the fifth straight month that consumer prices cooled off. Lori Bettinger, president of BancAlliance, joins CBS News' Elaine Quijano and Lana Zak on how this could affect the Federal Reserve's announcement Wednesday on interest rates.
The Consumer Price Index rose 7.1% in November, down from 7.7% in October. The Federal Reserve is expected to announce another interest rate hike this week. CBS News reporter Sarah Ewall-Wice joins us with the latest on what this means for the economy.
The Federal Reserve is set to meet this week to discuss another possible interest rate hike. The two-day meeting comes after Treasury Secretary Janet Yellen saying she predicts a significant reduction in inflation by the end of next year. Kristin Myers, the editor-in-chief at The Balance, joins CBS News to discuss.
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.
President Trump said Americans' financial situation isn't motivating him to make a deal, "Not even a little bit," and that he is only focused on preventing Iran from getting nuclear weapons.
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.
Trade, Taiwan and tensions with Iran are surefire topics for President Trump's meeting with Chinese leader Xi Jinping.
The closure comes amid escalating operating costs for the facility, which are now estimated to total nearly $1 billion.
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.
Memphis Grizzlies forward Brandon Clarke has died at the age of 29, the team announced.
University of Toronto researchers say cellphone data shows a major drop not only in Canadian tourists visiting the U.S., "but also in business-related travel."
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 closure comes amid escalating operating costs for the facility, which are now estimated to total nearly $1 billion.
President Trump said Americans' financial situation isn't motivating him to make a deal, "Not even a little bit," and that he is only focused on preventing Iran from getting nuclear weapons.
"I'd been checking the status feverishly to see if anything was in my bank account," one small business owner said.
CPI gas price index has surged 28% from a year ago, while overall energy costs are up nearly 18%, new inflation data shows.
Memphis Grizzlies forward Brandon Clarke has died at the age of 29, the team announced.
"I'd been checking the status feverishly to see if anything was in my bank account," one small business owner said.
CPI gas price index has surged 28% from a year ago, while overall energy costs are up nearly 18%, new inflation data shows.
A larger COLA would boost monthly checks for retirees, but also strain Social Security's already depleted trust funds.
The Senate has confirmed Kevin Warsh to the Federal Reserve's Board of Governors, a crucial step in President Trump's push to make Warsh the central bank's leader, replacing Jerome Powell.
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 closure comes amid escalating operating costs for the facility, which are now estimated to total nearly $1 billion.
President Trump said Americans' financial situation isn't motivating him to make a deal, "Not even a little bit," and that he is only focused on preventing Iran from getting nuclear weapons.
FDA Commissioner Marty Makary resigned his position, stepping aside amid a swirl of reports that his tenure was coming to an end.
The Senate has confirmed Kevin Warsh to the Federal Reserve's Board of Governors, a crucial step in President Trump's push to make Warsh the central bank's leader, replacing Jerome Powell.
The Justice Department defended itself after the Wall Street Journal revealed it has received subpoenas in connection with a leak investigation.
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.
Russia tested a new long-range missile capable of carrying nuclear warheads, months after the last treaty with the U.S. expired.
Despite a fifth of British Prime Minister Keir Starmer's fellow Labour Party lawmakers calling on him to step down, he says he'll "get on with governing."
University of Toronto researchers say cellphone data shows a major drop not only in Canadian tourists visiting the U.S., "but also in business-related travel."
Defense Secretary Pete Hegseth said the $1.5 trillion the Pentagon is seeking is "admittedly a historic budget."
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.
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.
OpenAI CEO Sam Altman took the stand Tuesday in Elon Musk's high-profile lawsuit against Altman's company. Altman defended the company against Musk's allegations that OpenAI betrayed its founding mission by becoming a for-profit entity. New York Times tech reporter Natallie Rocha joins CBS News to discuss.
President Trump departed the White House for Beijing on Tuesday to attend a summit with Chinese President Xi Jinping. Chris McGuire, senior fellow at the Council on Foreign Relations, joins CBS News to unpack the topics the leaders are expected 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 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.
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 Justice Department announced criminal charges against the ship operator in the Francis Scott Key Bridge collapse that killed six people in 2024. CBS News' Shanelle Kaul has more.
Eileen Wang, the former mayor of Arcadia, California, faces a 10-year prison sentence for pleading guilty to acting as a covert agent for China. CBS News Los Angeles' Tina Patel has more.
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.
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 total number of confirmed and suspected hantavirus cases from a cruise ship outbreak has reached 11. Health officials in Nebraska and Georgia are monitoring the 18 Americans who may have been exposed. CBS News medical correspondent Dr. Céline Gounder has the latest.
Before leaving for China on Tuesday, President Trump told reporters that he doesn't think about Americans' financial situations "not even a little bit" when negotiating a deal with Iran. CBS News senior White House and political correspondent Ed O'Keefe reports.
Inflation is now at its highest level in nearly three years, in large part due to skyrocketing energy costs from the Iran war. Arjun Murti, partner at the energy sector firm Veriten and author of the energy-focused Substack newsletter "Super-Spiked," joins with analysis.
Ahead of a summit in Beijing, President Trump said he and Chinese President Xi Jinping have almost nothing to talk about when it comes to the war with Iran. CBS News national security analyst Aaron MacLean joins to discuss.
OpenAI CEO Sam Altman took the stand Tuesday in Elon Musk's high-profile lawsuit against Altman's company. Altman defended the company against Musk's allegations that OpenAI betrayed its founding mission by becoming a for-profit entity. New York Times tech reporter Natallie Rocha joins CBS News to discuss.