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The U.S. added 315,000 jobs in August, fairly on track with what economists predicted. With the unemployment rate rising slightly to 3.7%, it could be a sign that the hot labor market is beginning to cool off. Jesse Wheeler, economic analyst at Morning Consult, joins CBS News to discuss what it all means.
The U.S. added 315,000 jobs in August, and the unemployment rate ticked up slightly to 3.7%. Meanwhile, President Biden said he's seeing signs that inflation may be "beginning to ease." CBS News reporter Sarah Ewall-Wice joined Michael George to break down the White House response to the report and what it could mean for the economy.
An early morning rally fueled by slower jobs report, faded by mid-afternoon, erasing all gains.
More than half of Americans plan to go somewhere this Labor Day weekend despite inflation, high gas prices and a summer of air travel troubles, according to a recent study. Kris Van Cleave reports.
Confidence among U.S. consumers climbed in August. Steve Odland, the CEO and president of The Conference Board, joins CBS News to discuss why, if we can expect this trend to continue and ongoing recession concerns.
Republicans and Democrats alike have joined the tax-cutting trend during a midterm election year.
Markets have been roiled since Fed chair's speech Friday reaffirming central bank's aggressive plans to cool inflation.
Rate of workers quitting fell, and layoffs stayed near record low — showing employers are urgently seeking workers.
High food prices are making it difficult for many families to afford even basic groceries. Food banks across the country are feeling the impact, with long lines as more families struggle to make ends meet. Janet Shamlian has more.
Federal reserve chair Jerome Powell has warned there will be "some pain" for Americans in the fight to reduce inflation. Gene Sperling, senior adviser to the president, joins CBS News' John Dickerson to discuss the state of the economy.
Investors remain hesitant after Federal Reserve Chair Jerome Powell's Friday remarks on inflation triggered a massive sell-off. CBS News' Tanya Rivero speaks with Joe Saluzzi, partner and co-founder at Themis Trading, about how the markets are reacting.
Markets lost more ground after Powell's speech last week confirming more hikes: "We must keep at it until the job is done."
The Dow Jones Industrial Average fell more than 1,000 points Friday after Federal Reserve Chair Jerome Powell said the Fed will continue raising interest rates to tame inflation. Colby Smith, a U.S. economics editor for the Financial Times, joins CBS News' Catherine Herridge to discuss.
Federal Reserve Chair Jerome Powell’s remarks on inflation triggered a massive sell-off on Wall Street. Melissa Armo, owner and founder of The Stock Swoosh, breaks down why investors aren’t thrilled with the Fed chair’s comments on a possible interest rate hike.
Wall Street ended the week with its worst day in months. The Dow Jones fell more than 1,000 points with all three major indexes off more than 3%. Nikki Battiste reports.
Federal Reserve Chair Jerome Powell signaled the Fed will likely continue raising interest rates to combat inflation. Yahoo Finance columnist Rick Newman reacts to Powell’s comments and explains how investors will likely react.
Inflation eased last month as energy prices tumbled, according to a report closely watched by the Federal Reserve.
While higher borrowing costs will hurt, failure to ease inflation "would mean far greater pain," Federal Reserve chief says.
Despite higher prices, consumer spending remains strong. But what Americans are spending their money on has changed. Jaclyn Peiser, a retail reporter for The Washington Post, joins CBS News to discuss how consumer trends have changed in response to the economic climate.
CBS News' Anne-Marie Green and Errol Barnett talk with Alejandro Chavarria, Erin Welsh and Pamela Ortiz, who are each pursuing side hustles, as part of CBS News' Uncertain Economy series. More and more Americans are taking on extra work as they struggle to make ends meet amid rising gas and grocery prices due to inflation.
Home prices fell for the first time in 3 years last month, marking the sharpest decline since 2011. Real estate analyst Erin Sykes joins "CBS News Mornings" to discuss the latest.
The number of Americans filing for first-time unemployment benefits dropped last week. Meanwhile the Department of Commerce released updated gross domestic product figures for the second quarter of 2022. Yahoo Finance senior columnist Rick Newman joins CBS News to discuss these and the mortgage market.
New government data shows economic growth shrank at a 0.6% annual rate in the second quarter — less than initially thought.
President Biden announced his plan to forgive up to $20,000 in student loan debt for millions of Americans. But, some lawmakers and economic experts have raised concerns over its potential impact on inflation and the cost of college tuition. CBS News correspondent Christina Ruffini joined CBS News' Caitlin Huey-Burns on "Red and Blue."
President Biden unveiled his plan to cancel billions of dollars in student loan debt. It will impact millions of borrowers earning less than $125,000 a year. Roy Paul, executive director of Cents Ability, joins CBS News to discuss how the plan will work and its economic impact.
President Trump says the U.S. will "probably run" the Strait of Hormuz, as dueling attacks with Iran continue over control of the strategic waterway.
Maine Sen. Angus King said he told Homeland Security Secretary Markwayne Mullin that he wanted a transparent investigation into the shooting in Biddeford.
With the federal Medicaid work requirement looming in January, Democrats are considering state legislation to call out big companies that employ workers enrolled in the safety net health program.
A deputy U.S. marshal was shot and killed while serving an arrest warrant on a fugitive in Louisiana, authorities say. The suspect is in custody.
South Carolina Gov. Henry McMaster announced his pick to fill the vacancy left by Sen. Lindsey Graham's death.
Arkansas police said they found bags of capsules containing a green powdery substance in Brandon Clarke's car, which he told them was kratom.
President Trump formally notified Congress that "military action" against Iran restarted last week in a letter obtained by CBS News, as a monthslong ceasefire comes to an end.
Lindsey Graham's aorta tore at 71. Grant Wahl's burst at 49. One is common and age-driven; the other is inherited, silent, and findable.
U.S. District Judge Kathleen Williams said President Trump's lawsuit against the IRS had been filed for an "improper purpose."
A deputy U.S. marshal was shot and killed while serving an arrest warrant on a fugitive in Louisiana, authorities say. The suspect is in custody.
Arkansas police said they found bags of capsules containing a green powdery substance in Brandon Clarke's car, which he told them was kratom.
Lindsey Graham's aorta tore at 71. Grant Wahl's burst at 49. One is common and age-driven; the other is inherited, silent, and findable.
The two analysts expressed concerns that the 2020 election investigation in Fulton County, Georgia, was thin on evidence, sources said.
CBS News reviewed police records, body camera footage, court documents and local news reports to find more than 50 cases of innocent bystanders shot by police.
With the federal Medicaid work requirement looming in January, Democrats are considering state legislation to call out big companies that employ workers enrolled in the safety net health program.
Startups are using emails, photos and voice recordings to create AI simulations that family and friends can interact with after a loved one's death.
The suit poses a new challenge to the $110 billion deal that would unite two of the nation's largest media companies.
A quarter of working-age adults use credit cards to purchase groceries but struggle to repay their debts, a new study finds.
As the agriculture industry in Louisiana contends with major energy cost hikes brought on by the Iran war, some farmers are unsure if their businesses will survive.
With the federal Medicaid work requirement looming in January, Democrats are considering state legislation to call out big companies that employ workers enrolled in the safety net health program.
President Trump formally notified Congress that "military action" against Iran restarted last week in a letter obtained by CBS News, as a monthslong ceasefire comes to an end.
The two analysts expressed concerns that the 2020 election investigation in Fulton County, Georgia, was thin on evidence, sources said.
U.S. District Judge Kathleen Williams said President Trump's lawsuit against the IRS had been filed for an "improper purpose."
South Carolina Sen. Lindsey Graham's sudden death late Saturday has set off a scramble for who will succeed him in the Senate.
With the federal Medicaid work requirement looming in January, Democrats are considering state legislation to call out big companies that employ workers enrolled in the safety net health program.
Lindsey Graham's aorta tore at 71. Grant Wahl's burst at 49. One is common and age-driven; the other is inherited, silent, and findable.
A Finnish study followed patients for 10 years after they had a popular knee surgery. For many, the pain continued or even worsened.
New Jersey is one of more than a dozen states that are working to collect, remove and destroy all of their aqueous film-forming foam.
Fire departments across the U.S. are changing how they extinguish fires. For decades, they used foam that contained so-called "forever chemicals" that are now linked to cancer. More than a dozen states are now working to collect, remove and destroy all of it. Mark Strassmann has more.
Surviving members of the beloved Bahamian musical group Da Pond Band are speaking out about their friends who were killed when a small plane crashed in the Bahamas on Friday, killing 10 people.
President Trump formally notified Congress that "military action" against Iran restarted last week in a letter obtained by CBS News, as a monthslong ceasefire comes to an end.
The sugar, called erythrulose, lurks in what's called the interstellar medium: thin clouds of gas and dust littered between stars.
British counterterrorism police are now leading the investigation into the death of Ann Widdecombe after "new information and evidence" came to light.
Trump says the U.S. will be known as "THE GUARDIAN OF THE HORMUZ STRAIT," and will charge 20% on all cargo shipped via the waterway to cover security costs.
A coalition of a dozen states on Monday sued to block Paramount Skydance's acquisition of Warner Bros. Discovery, posing a new challenge to the $110 billion deal that would unite two of the nation's largest media companies. Paramount Skydance is the parent company of CBS News. CBS News' Jo Ling Kent reports.
Mick Jagger spoke with The New York Times recently about the role of politics in his music. Political strategists Erin Maguire and Dan Kanninen join "The Takeout" to discuss.
Actor Sam Neill, who starred in "Jurassic Park" and "The Piano," died Monday at the age of 78, his family said in a statement. Neill had been battling cancer, but his family said he had beaten it and his death was unexpected.
Vladimir Duthiers speaks with Sean Evans about how he came to host "Hot Ones," his interview with Conan O'Brien, who he would like to see on the show and more.
New Zealand actor Sam Neill, known for "Jurassic Park" and "The Piano," died Monday at 78, his family says.
Startups are using emails, photos and voice recordings to create AI simulations that family and friends can interact with after a loved one's death.
Georgia Power says building a new transmission line will require acquiring more than 300 parcels of land, including residential properties.
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.
Apple alleges that OpenAI and two of its employees stole trade secrets and engaged in a "pattern of misconduct."
A new report from AI detector Pangram found that AI-generated content is flooding socials like X and Reddit, with LinkedIn accounting for nearly two-thirds of all AI content detected. Pangram CEO and co-founder Max Spero joins CBS News to discuss his findings.
The Pentagon on Friday released a new batch of UFO files, spanning 19 videos and more. Jordan Flowers, executive director of the Disclosure Foundation, joins CBS News to discuss.
The Defense Department released a fourth batch of UFO files on Friday, nearly one month after its third drop. These are all of the videos in the latest tranche, plus analysis from astrophysicist Avi Loeb.
Archaeologists have discovered eight human skeletons, bronze and gold jewelry and other artifacts indicating a ceremonial burial of wealthy people.
Quasars — the brightest objects in the universe — are powered by supermassive black holes at the heart of early galaxies.
From the lightbulb to the airplane, to medical breakthroughs and the internet age, the past 250 years have been defined by America's intrepid intellect.
A deputy U.S. marshal was shot and killed while serving an arrest warrant on a fugitive in Louisiana, authorities say. The suspect is in custody.
Video from the Ohio State Highway Patrol shows the chaotic chase through a golf course for a suspect wanted in a stabbing last week in Ohio. Shanelle Kaul reports.
CBS News reviewed police records, body camera footage, court documents and local news reports to find more than 50 cases of innocent bystanders shot by police.
A CBS News investigation found that no federal agency is tracking police shootings of innocent bystanders, making it difficult to hold officers accountable. CBS News' Jonathan Vigliotti reports.
British counterterrorism police are now leading the investigation into the death of Ann Widdecombe after "new information and evidence" came to light.
The sugar, called erythrulose, lurks in what's called the interstellar medium: thin clouds of gas and dust littered between stars.
Quasars — the brightest objects in the universe — are powered by supermassive black holes at the heart of early galaxies.
Katalyst Space's LINK spacecraft is designed to capture and boost NASA's Swift observatory back to a safe altitude.
The orbital surgery on the International Space Station returned the Canadian-built robot arm to full health after its "wrist" joint failed last month.
The $30 million salvage operation gets underway as soon as this week with the planned launch of a robotic lifesaver.
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.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Surviving members of the beloved Bahamian musical group Da Pond Band are speaking out about their friends and bandmates who were killed when a small plane operated by Flamingo Air crashed in the Bahamas on Friday, killing all 10 people on board.
A federal judge on Monday imposed professional penalties against lawyers representing President Trump in a civil lawsuit he brought against the IRS and harshly criticized the Justice Department for its handling of the case, concluding that the suit was brought for an "improper purpose." CBS News legal contributor Jessica Levinson has more.
A coalition of a dozen states on Monday sued to block Paramount Skydance's acquisition of Warner Bros. Discovery, posing a new challenge to the $110 billion deal that would unite two of the nation's largest media companies. Paramount Skydance is the parent company of CBS News. CBS News' Jo Ling Kent reports.
Sen. Lindsey Graham is being remembered for his wit and political effectiveness after his sudden death over the weekend. Republican strategist Matt Whitlock joins CBS News to discuss.
The United States is carrying out a third night of airstrikes against Iran. CBS News national security analyst Aaron MacLean has more.