Jobs report shows stronger growth
The U,S. added 372,000 new jobs in the month of June according to the latest report from the Labor Department. Axios business reporter Hope King joined CBS News to discuss this stronger than predicted growth.
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The U,S. added 372,000 new jobs in the month of June according to the latest report from the Labor Department. Axios business reporter Hope King joined CBS News to discuss this stronger than predicted growth.
High gas prices have more consumers considering purchasing electric vehicles. Momentum Dynamics adviser Roger Atkins, the founder of Electric Vehicles Outlook, joined CBS News' Mola Lenghi and Nikki Battiste with more on an electric future.
The Federal Reserve announced a 0.25% interest rate hike -- the first increase since 2018. The Wall Street Journal's chief economics correspondent Nick Timiraos, author of "Trillion Dollar Triage: How Jay Powell and the Fed Battled a President and a Pandemic and Prevented Economic Disaster," joins CBS News to explain what this means for American consumers.
Gas prices are continuing to rise and now oil refineries are ramping up processing activity to the highest levels since the pandemic began. Tom Kloza, global head of energy analysis at the Oil Price Information Service, joins CBS News to discuss what this means and why oil exports could be a hot topic in Washington in the near future.
The U.S. Commerce Department reported last month that major corporations were extremely profitable in 2021. But small business owners say they are struggling to compete as prices continue to rise. CBS News reporter Sarah Ewall-Wice joins Elaine Quijano to discuss.
Stock markets tanked early Friday after news that May's Consumer Price Index rose more than economists expected. Melissa Armo, founder and owner of The Stock Swoosh, LLC, joined CBS News to discuss the market's reaction to rising inflation.
According to the Labor Department, inflation hit a fresh 40-year record last month with consumer prices increasing 9.1% over the last 12 months. CBS News correspondent Nancy Chen reports on how rising prices are affecting people across the country. Then, Joe Brusuelas, principal and chief economist for RSM, joins CBS News' John Dickerson to discuss the latest numbers.
Major stock indexes dropped Monday but Mark Hamrick, senior economic analyst at Bankrate, says the market is still rallying from losses earlier in the year and discusses why a recent inflation expectations report could be a good sign for the Federal Reserve.
In MoneyWatch, all three major indexes recovered some lost ground Thursday. Scott Wren, senior global market strategist at Wells Fargo Investment Institute, joins CBS News to discuss today's market drivers and the impact the Russian invasion of Ukraine is having on the global supply chain.
Gas prices have reached a new record high, with the national average at $4.59 per gallon. Kimberly Palmer, senior writer with NerdWallet and a personal and family finance expert, joined CBS News with some tips on how to save some cash at the pump this summer.
President Biden's proposed federal gas tax holiday could lower prices at the pump by as much as 18 cents per gallon, but that's not a guarantee. Katia Dmitrieva, an economics reporter for Bloomberg News, joined CBS News to discuss the proposal.
In MoneyWatch, the markets were closed today but it was a tough week for investors on Wall Street. Steve Odland, the CEO of the Conference Board, joins CBS News to discuss how the recent inflation report is impacting the markets.
President Biden vowed the U.S. and Canada will help provide more wheat to Europe to alleviate the impact of sanctions against Russia for its war in Ukraine. John LaForge, head of real asset strategy at Wells Fargo Investment Institute, joined CBS News after the closing bell on the New York Stock Exchange to discuss that and the effects of the U.S. ban on Russian oil.
Oil prices fell under $100 a barrel Tuesday. Tamar Essner, a principal at Vectis Energy Partners, joined CBS News to discuss.
Average hourly wages have increased by more than 5% over the past year, but the inflation has grown by nearly 8% over that same period. Laura Veldkamp, a professor of finance and economics at Columbia Business School, spoke with CBS News' Tony Dokoupil and Lilia Luciano about how rising prices are outpacing wage increases nationwide.
Russia's war in Ukraine is causing a ripple effect of economic issues around the world, forcing gas prices up and stock numbers down. Paul Sankey, lead analyst at Sankey Research, joins CBS News at closing bell on the New York Stock Exchange to break down the possible solutions to the oil crisis.
Americans are feeling the impact of skyrocketing gas prices nationwide. AAA reports the national average cost of a gallon of gas is up to $4.37, four cents higher than the previous record in March. Robert Sinclair, the senior manager of public affairs for AAA Northeast, joins CBS News with more.
The Biden administration is exploring ways to try to lower gas prices, as some Democrats in Congress call for new taxes on oil and gas producers. Jeffrey Stein, White House economics reporter at The Washington Post, joins CBS News to discuss the issue.
As gas prices rise nationwide, Nevada drivers are paying well over $5 a gallon, with the current state average at $5.56. Mick Akers, a transportation reporter for the Las Vegas Review Journal, joins Lana Zak on CBS News to discuss the impact.
Stock markets saw big losses Monday as gas prices continue to rise and Russia's invasion of Ukraine sparks the potential for even more economic fallout. Scott Wren, senior global market strategist at Wells Fargo Investment Institute, joins CBS News to discuss the ramifications.
National average gas prices reached a new record high on Memorial Day at over $4.61 per gallon. In order to budget for higher prices at the pump, many Americans are cutting back on other spending. Bank of America Institute's senior economist David Tinsley explains the relationship between gas prices and consumer spending and which groups are making the biggest cutbacks.
Gas prices are soaring to record highs as inflation hits its highest level in 40 years. The Consumer Price Index jumped 0.8% in February, marking a 7.9% increase over the past year. CBS News transportation correspondent Errol Barnett has more on the rising gas prices, and then Lori Bettinger, the president of BancAlliance and former director of the Troubled Asset Relief Program during the Obama administration, joins CBS News to discuss the impact on American families.
Several multinational corporations are pulling out or suspending business in Russia following its invasion of Ukraine. John Quelch, dean of the Herbert Business School at the University of Miami, spoke with CBS News' Tanya Rivero and Jericka Duncan about how the latest sanctions are impacting the Russian economy, and what these businesses' withdrawal means for the country.
The Dow Jones closed down by nearly 1.5% Wednesday as oil prices climbed during the day, while China's stock markets are slowly recovering after tanking earlier this month. Axios business reporter Hope King joins CBS News to discuss today's market drivers and how China is still producing the world's most billionaires despite its nationwide COVID lockdowns and economic struggles.
Congress is on the verge of passing a spending package for Ukraine, while gas prices continuing to rise. Washington Post congressional reporter Marianna Sotomayor and CBS News correspondent Steve Dorsey join "Red & Blue" with the latest.
Trump has appeared during the Iran war to lose patience with Israeli Prime Minister Benjamin Netanyahu, who may now find himself "stuck."
The Justice Department says it's released "every document required by the Epstein Files Transparency Act," but CBS News has identified numerous gaps.
Israel and Hezbollah have reached a Lebanon ceasefire agreement after their fighting delayed progression of the U.S.-Iran deal, a diplomat tells CBS News.
A new book recounts one of the most rambunctious moments on the floor of the House in modern history.
Italian outlet says after a meeting at the G7 summit, Trump said Meloni had "begged me to take a picture with her," and he "felt sorry for her."
A police shooting in Senatobia, Mississippi, that left a 1-year-old child dead has ignited simmering tensions between police and Black residents in the small town.
Record producer Tay Keith was found dead in his Nashville home by officers performing a welfare check, police said.
The temporary discount applies to eligible federal Direct Loan borrowers who use automatic payments.
The remnants of Tropical Storm Arthur were battering parts of the southeastern U.S. with heavy rain, sparking flash flooding.
The temporary discount applies to eligible federal Direct Loan borrowers who use automatic payments.
A look at the features for this week's broadcast of the Emmy-winning program, hosted by Jane Pauley.
Kalshi has enlisted Lionel Messi and Timothée Chalamet as prediction markets compete to attract new users and cement their place in the mainstream.
A police shooting in Senatobia, Mississippi, that left a 1-year-old child dead has ignited simmering tensions between police and Black residents in the small town.
Record producer Tay Keith was found dead in his Nashville home by officers performing a welfare check, police said.
The temporary discount applies to eligible federal Direct Loan borrowers who use automatic payments.
Kalshi has enlisted Lionel Messi and Timothée Chalamet as prediction markets compete to attract new users and cement their place in the mainstream.
Matthew Ankrum wanted to build wealth for his daughters and teach them about financial stability. A new book shares how.
Juneteenth will affect banking, mail service and financial markets, although retailers and restaurants are largely staying open.
Gallup found that only 49% of Americans were "cost-secure" last year, with concerns about medical bills and prescription costs rising across income groups.
Trump has appeared during the Iran war to lose patience with Israeli Prime Minister Benjamin Netanyahu, who may now find himself "stuck."
Italian outlet says after a meeting at the G7 summit, Trump said Meloni had "begged me to take a picture with her," and he "felt sorry for her."
A new book recounts one of the most rambunctious moments on the floor of the House in modern history.
The Justice Department says it's released "every document required by the Epstein Files Transparency Act," but CBS News has identified numerous gaps.
Cuban lawmakers Thursday adopted nearly 200 historic free-market reforms aimed at rescuing the communist island from a severe crisis aggravated by a U.S. oil blockade.
Dozens of service members at Lackland Air Force Base in Texas have fallen ill with the flu in the weeks since Defense Secretary Pete Hegseth rescinded the vaccine mandate, sources familiar confirmed to CBS News.
Gallup found that only 49% of Americans were "cost-secure" last year, with concerns about medical bills and prescription costs rising across income groups.
Actress Busy Philipps, 45, spoke up about her late attention-deficit/hyperactivity disorder diagnosis online after realizing she shared symptoms as her young daughter was evaluated and diagnosed. Women are more likely than men to be diagnosed with ADHD later in life, research shows.
In the "CBS Mornings" series "Pushing the Limits," Mark Strassmann shows how a Georgia man's passion for music was almost taken away from him forever after a terrible accident. But thanks to his resilience and technology, the man is now a record-breaking drummer.
An estimated hundreds of thousands of children, many of them U.S. citizens, have been separated from a parent in the Trump administration's immigration crackdown.
Dawa Sherpa was airlifted to Kathmandu, where doctors treated him for frostbite, severe dehydration and a fractured thigh bone.
Trump has appeared during the Iran war to lose patience with Israeli Prime Minister Benjamin Netanyahu, who may now find himself "stuck."
Actress Emaa Hussen, who played alongside Jason Statham in "Redemption," is accused of trying to smuggle 700 pounds of methamphetamine into Australia.
Scientists say the "hyperparasite" preys on "zombie fungus" known to infect insects before subjecting them to a gruesome death.
Italian outlet says after a meeting at the G7 summit, Trump said Meloni had "begged me to take a picture with her," and he "felt sorry for her."
Husband and wife duo Michael and Tanya Trotter, known as "The War and Treaty," talk to "CBS Mornings" about their new music, major collaborations, including with Whoopi Goldberg, and how they came up with their band's name.
Record producer Tay Keith was found dead in his Nashville home by officers performing a welfare check, police said.
Many people are spending more time on screens, but also doing more physical activities, a new CBS News poll finds.
Myles Smith's career skyrocketed after his hit song "Stargazing" became the biggest song by a U.K. artist worldwide in 2024. Now, he's releasing his debut album, "My Mess, My Heart, My Life," on June 19. Myles Smith joins "CBS Mornings" to discuss his rapid rise to stardom, his first album and his experience touring with Ed Sheeran.
Actress Busy Philipps, 45, spoke up about her late attention-deficit/hyperactivity disorder diagnosis online after realizing she shared symptoms as her young daughter was evaluated and diagnosed. Women are more likely than men to be diagnosed with ADHD later in life, research shows.
The recall follows multiple incidents in which Waymo robotaxis drove past ramp-closure signs and into freeway construction zones.
A Pew survey shows 40% of Americans think AI's future impact will be negative. MIT Sloan professor Eric So joins CBS News with more details.
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.
On this edition of CBS Mornings Deals, we show you items that will help improve your everyday lifestyle. Visit cbsdeals.com to take advantage of these exclusive deals today. CBS earns commissions on purchases made through cbsdeals.com.
When parents and educators in Greystones, Ireland saw children dealing with increasing anxiety, they acted – and took phones out of the equation.
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.
The goblin shark had only previously been seen when caught by fishermen and they died shortly afterward.
The researchers saw many strange animals — many believed to be new to science — living off the whale carcasses.
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 sharks are classified as "critically endangered" in the Mediterranean Sea, and underwater sightings are incredibly rare.
Actress Emaa Hussen, who played alongside Jason Statham in "Redemption," is accused of trying to smuggle 700 pounds of methamphetamine into Australia.
A CBS News analysis of the released Epstein files shows what documents appear to be absent. CBS News' Vlad Duthiers has more on the search for answers surrounding the case against convicted sex offender Jeffrey Epstein.
In a stunning reversal, Luigi Mangione's defense team for his New York state trial has announced it will no longer pursue a psychiatric defense. CBS News legal contributor Caroline Polisi joins with more insight.
Nancy Napoles denied the accusation and said she was willing to cooperate with authorities to clarify what happened.
McKenna Wendel was last seen alive on March 14 and her body was found outside Brookings, an hour's drive north of Sioux Falls, on March 19.
The "Pink Planet," formally known as GJ504b, was discovered in 2013 and is technically not a planet but rather a "planetary-mass companion."
NASA's Jared Isaacman says the crew was selected solely based on their experience, expertise and availability for flight assignment.
NASA's Artemis III astronauts plan to carry out rendezvous and docking procedures with commercial moon landers being built by SpaceX and Blue Origin.
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.
Three solar flares burst from the sun this week, raising the chances of seeing the northern lights for people across the United States.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
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.
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.
CBS News contributor Aaron MacLean is reacting to the latest Israel-Hezbollah ceasefire news after tensions rose in Lebanon, likely leading to U.S.-Iran talks being postponed.
An Israel-Hezbollah ceasefire is now in effect after tensions rose and impacted the U.S.-Iran talks. CBS News' Imtiaz Tyab and Natalie Brand report.
Researchers using the Webb Space Telescope discovered salty clouds surrounding a "Pink Plane." CBS News' Kelly O'Grady has more.
Americans are celebrating the Juneteenth holiday as the 250th anniversary of the U.S. approaches. Marc H. Morial, the president and CEO of the National Urban League, joins with more insight.
The U.S. will play Australia in the FIFA World Cup on Friday. CBS News' Nicole Valdes has more.