U.S. adds 263,000 new jobs in November
CBS News contributor Javier E. David joined Vladimir Duthiers and Anne-Marie Green with a look at the November jobs report and what it shows about the U.S. labor market as rising interest rates start to bite.
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CBS News contributor Javier E. David joined Vladimir Duthiers and Anne-Marie Green with a look at the November jobs report and what it shows about the U.S. labor market as rising interest rates start to bite.
Shops nationwide are hoping that shoppers will come out in force on Small Business Saturday, as the holiday shopping season kicks off. Michael George has more.
As with most items this year, inflation is expected to hike up the cost of Christmas trees this holiday season. Nonetheless, demand for the holiday tradition remains high. Danya Bacchus has more.
This holiday weekend, a record amount of money will be spent, but many shoppers are being picky and looking for bargains. The economy and inflation are at the top of shoppers' minds, according to the National Retail Federation. Elise Preston has more.
The first bankruptcy hearing for collapsed crypto-currency exchange FTX revealed information on the firm's finances and its losses in billions of dollars. Wall Street Journal reporter Alexander Saeedy joins CBS News to talk about the first day in court.
CBS News business analyst, Jill Schlesinger, joins “CBS Mornings” to discuss estate planning. She reviews the four main documents you should have and explains why estate planning is important for people of all ages, no matter your marital status or whether you have children.
Economists are widely predicting some form of recession next year. Lazetta Rainey Braxton, a certified financial planner and co-CEO of 2050 Wealth Partners, joins CBS News to discuss what to take into account for a year-end financial check-in.
The collapse of FTX, one of the largest cryptocurrency exchanges, is reverberating around the financial world as investors reportedly lost nearly $1 billion in assets. The company filed for Chapter 11 bankruptcy. Astrid Martinez has more.
It was another disappointing week for the stock market with all major indices in the red. CBS News' Catherine Herridge speaks with Yahoo Finance reporter Alexandra Semenova about what we might expect in the coming weeks.
It has been a trying week for the stock market and investors, with all major indices in the red on Friday. Hope King, business reporter for Axios, discusses what may be coming next, and how you can protect your money.
The cryptocurrency world is reeling after the meltdown of one of its most popular trading platforms. The exchange FTX filed for bankruptcy protection as fallen crypto-king Sam Bankman-Fried stepped down as CEO. Vladimir Duthiers has the details.
The already massive Powerball jackpot keeps growing and has now hit an estimated $800 million — the game's second-biggest prize ever and the fifth largest in U.S. lottery history. CBS News' Lana Zak and Tanya Rivero have more.
The average interest rate on the most popular U.S. home loan has reached its highest level in more than two decades. Danielle Hale, chief economist for realtor.com, discussed how concerned Americans should be, how housing prices are affected and the potential impact of the Federal Reserve's expected interest rate hike next week on the housing market.
The Powerball jackpot has hit a whopping $700 million as nobody has matched all six numbers in nearly three months. Certified public accountant Dan Geltrude joins CBS News' Tanya Rivero and Lana Zak to offer his tips and advice if you happen to become the lucky winner.
Economists think the record inflation could prompt England's central bank to hike its primary interest rate by as much as a full percentage point this fall.
The Federal Reserve's plan to get inflation under control is fueling concerns of future layoffs and a possible recession. CBS News' John Dickerson breaks down how this will affect you with Guy Berger, principal economist for LinkedIn.
Deadly winter storm overwhelming Texas power utilities; Ella Emhoff debuts at New York Fashion Week
Understanding how your mortgage interest rate is calculated is a crucial step in securing a home loan.
This week on "Face the Nation", as the fall presidential campaign season kicks off, the country faces unprecedented challenges and the candidates work to convince, distract and excite voters.
The U.S. Labor Department has released its latest Consumer Price Index for July 2022. CBS News business analyst Jill Schlesinger joins "CBS Mornings" to break down what this means for prices and the economy.
The U.S. Postal Service is increasing rates for holiday shipping, beginning in October. First-class packages will see a surcharge depending on weight and distance.
Brittney Griner sentenced to 9 years in Russian prison; Minor league players live in retirement community during baseball season
While MLB players can have huge paychecks, minor leaguers often live paycheck to paycheck, with some staying with host families as they chase their big league dreams. Schaumburg Boomers players are living in a retirement community in the Chicago suburbs. Charlie De Mar shares more.
Equifax, one of three major credit ratings companies, admitted it sent lenders incorrect credit scores for hundreds of thousands of people applying for home and auto loans this spring. Equifax said the errors, caused by a coding issue, were significant enough that some may have been wrongfully denied credit.
A subcommittee in Florida's House unanimously approved a bill Wednesday that, if it becomes law, would require students to take a half-credit course on financial literacy and money management. State Representative Matt Willhite joins CBS News to discuss the effort to make make financial literacy a requirement for high school graduation.