
Slower job growth in October
Job growth slowed more than expected in October. The Labor Department reports employers added 150,000 jobs to the U.S. Economy. CBS News business and tech correspondent Jo Ling Kent reports on the latest figures.
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Job growth slowed more than expected in October. The Labor Department reports employers added 150,000 jobs to the U.S. Economy. CBS News business and tech correspondent Jo Ling Kent reports on the latest figures.
The latest decision by the Federal Reserve to hold off on increasing interest rates any further may signal that the U.S. economy is moving in the right direction. CBS News business analyst Jill Schlesinger and J.D. Durkin, a host for the financial news site "TheStreet," join CBS News to discuss the decision.
The September jobs report showed that the U.S. economy created 336,000 jobs last month -- a sign that the job market remained strong despite challenges with inflation. Jeanna Smialek, a Federal Reserve and U.S. economy reporter at The New York Times, has more.
While jobless claims are at an eight-month low, unemployment rates vary across the U.S. Since last year, the unemployment rate in 18 states has fallen by half a percentage point or more. But three states, plus Washington, D.C., have seen claims rise. Al Root, senior writer for Barron's, joined CBS News to discuss the job market.
The latest data from the Labor Department shows 237,000 Americans filed for first-time unemployment benefits last week. That's down 12,000 from the previous week. Jordyn Holman, a business reporter with The New York Times, joined CBS News to talk about the new numbers.
An extreme summer heat wave has blanketed most of the U.S. this week. Excessive heat is currently estimated to cost the U.S. economy $100 billion annually. TheStreet host J.D. Durkin and Axios economics reporter Courtenay Brown join CBS News to break down the economic impact of climate change.
"It's Basic," a documentary that focuses on universal basic income pilot programs in U.S. cities, premiered at Tribeca Film Festival this week. Director Marc Levin and executive producer Michael Tubbs join CBS News to explain the policy and discuss the film.
The Labor Department released data Wednesday that shows there are almost two job openings for every person who has quit or been laid off. Martin Baccardax, senior editor and chief markets correspondent for TheStreet, joins CBS News to break down the latest job numbers.
Inflation is down to 4.9% - its first time below 5% since 2021. John Leer, chief economist at Morning Consult, joins to discuss how the Federal Reserve could respond.
Economic data released Thursday shows that U.S. wholesale price increases decelerated in April and unemployment claims increased in the week ending May 6. Meanwhile, Treasury Secretary Janet Yellen warns that if the U.S. defaults on its debt, it could threaten the global economy. Jeanna Smialek, a Federal Reserve and economy reporter at the New York Times, joins CBS News to discuss.
The Labor Department's latest report shows employers added 253,000 jobs in April. Daniel Altman, chief economist at Instawork, breaks down the findings.
The April jobs report shows unexpected growth in the labor market. CBS News' Errol Barnett and Elaine Quijano are joined by Nela Richardson, chief economist at ADP Research Institute, with her insights on the latest numbers.
Stocks closed down slightly on Thursday as investors reacted to mixed earnings reports and new weekly jobless claims numbers. CenterSquare Investment Management senior strategist Uma Moriarity joined CBS news to discuss what the developments mean for investors.
The latest jobless claims report reveals first-time filings fell by 18,000 to 228,000 for the week ending April 1. CBS News' Errol Barnett and Lana Zak are joined by Axios economics reporter Courtenay Brown with more on the findings.
The Federal Reserve hinted it could soon ease up on its aggressive policy on interest rates. Editor-in-chief at The Balance Kristin Myers joins CBS News' Errol Barnett and Nancy Chen for more on what this could mean moving forward.
Number of Americans applying for unemployment benefits rose to a 3-month high amid rise in layoffs.
The annual rate of inflation has hit 7.7%, the lowest level since January. CBS News business analyst Jill Schlesinger joins CBS News' Lana Zak and Errol Barnett on what this means for families who've dealt with high prices for months.
As the unemployment rate rose slightly to 3.7% last month, hiring across the nation continued to remained robust. Jacob Sonenshine, a markets reporter at Barron's, joined Weijia Jiang on CBS News to discuss what the recent jobs report means for the Federal Reserve's monetary tightening.
According to a Bureau of Economic Analysis report released Thursday, the U.S. gross domestic product grew at a 2.6% annual rate from July through September. David Wessel, the director of the Hutchins Center on Fiscal and Monetary Policy at the Brookings Institution joined John Dickerson to discuss the latest economic numbers and state of the economy.
Consumer prices rose again in September despite the Federal Reserve's attempts to drive down inflation. CBS News' Errol Barnett and Lana Zak speak with Diane Swonk, chief economist at KPMG U.S., about how the latest data could impact the Fed's next rate hike decision.
More Americans filed for jobless aid last week as layoffs jumped, showing the Fed's rate hikes are taking a toll.
219,000 Americans filed for unemployment benefits this week, but layoffs remain historically low. Meanwhile, Peloton announced another round of layoffs as the company struggles to grow. CBS News' Lana Zak and Errol Barnett speak with John Leer, chief economist at Morning Consult, on what all this says about the economy and the labor market.
The Federal Reserve raised interest rates again by three-quarters of a percentage point. Lori Bettinger, the president of BancAlliance and former director of the U.S. Treasury Department's troubled asset relief program, explains what the latest increases mean for consumers.
U.S. jobless claims declined for the third week in a row, according to numbers released by the Labor Department Thursday. However, investors fear it could give the Federal Reserve the opportunity to make another aggressive interest rate hike this month. Marley Kayden, economic journalist and a professor at DePaul University, joined CBS News to discuss the job market and its impact on the stock market.
A new report from the Labor Department shows new claims for unemployment benefits rose for a second straight week. Kayla Bruun, an economic analyst at Morning Consult, joined CBS News' Tanya Rivero and Lilia Luciano to discuss the latest numbers.
Kate Cox, a mother of two, said she found out last week that her unborn child suffered from what doctors say is a fatal disorder.
Shohei Ohtani agreed to a record-breaking $700 million,10-year contract with the Los Angeles Dodgers, the AP reported.
She was awarded the Nobel prize for her fight against the oppression of women in Iran.
Patients in intensive care at St. John the Evangelist hospital in Tivoli were transferred immediately to other hospitals via ambulance, the Tivoli mayor's office said in a statement.
Hundreds of volunteers from outside Israel – and within – are harvesting fruit and vegetables from Israel's farms before the produce rots on the ground.
The suspect barricaded himself in an apartment after the incident, sparking an hours-long standoff with Minneapolis Police.
Panama recently approved a nationwide law giving nature rights, allowing people to defend ecosystems in a court of law.
This holiday season could see a surge of stolen packages, as online ordering delivers a flood of gifts to people's front doors.
One expert witness for Trump's defense said he was paid $877,500 by the Trump Organization and Trump's Save America PAC.
What Air Force Major Andre McDonald says happened in the days surrounding his wife's death.
More Republican presidential debates will be held next month, but it's not clear which major candidates will be appearing.
Los Angeles is home to about 46,000 people who are considered homeless, but Mayor Karen Bass is working to change that.
The baby gator is one of just eight known leucistic alligators in the world, according to Gatorland, the park where it was born.
The recurrence comes about two years after she was first diagnosed with ovarian cancer.
The National Retail Federation retracted an earlier estimate of the losses stores suffer at the hands of criminal rings.
Also unprecedented was the speed at which Swift's Eras Tour had surpassed a billion in sales — a mere eight months.
International ring breached Amazon's internal systems and bribed its employees, the e-commerce giant alleges in lawsuit.
Although home prices have continued to rise across much of the U.S., homeowners in some states saw their home equity shrink.
More than 90 million consumers will scan a QR code this year. But the technology can also facilitate identity theft.
More Republican presidential debates will be held next month, but it's not clear which major candidates will be appearing.
Kate Cox, a mother of two, said she found out last week that her unborn child suffered from what doctors say is a fatal disorder.
One expert witness for Trump's defense said he was paid $877,500 by the Trump Organization and Trump's Save America PAC.
While on the 2024 campaign trail, former President Donald Trump has repeatedly refused to rule out reinstating his infamous border separation policy.
Thirty-year U.S. congressional veteran Rep. Sheila Jackson Lee is trailing longtime Texas politician John Whitmire in polls to run America's fourth-largest city.
The Food and Drug Administration on Friday approved the first-ever gene-editing therapy that uses a cutting-edge technology called CRISPR to treat sickle cell disease. Dr. Jon LaPook has more.
The CDC released the first nationally representative estimate of how many Americans have chronic fatigue syndrome. Here's what to know about causes, symptoms and treatment.
Sickle cell disease affects approximately 100,000 people in the U.S., predominantly people of color.
An estimated one in eight women will develop breast cancer in their lifetime, killing on average 42,000 a year in the U.S. But what if a vaccine could significantly lower each woman's chance of ever getting it in the first place?
Social Security Administration Kilolo Kijakazi omitted numbers from Supplemental Security Income program for seniors with little or no income who are blind or otherwise disabled.
She was awarded the Nobel prize for her fight against the oppression of women in Iran.
Panama recently approved a nationwide law giving nature rights, allowing people to defend ecosystems in a court of law.
Hundreds of volunteers from outside Israel – and within – are harvesting fruit and vegetables from Israel's farms before the produce rots on the ground.
Patients in intensive care at St. John the Evangelist hospital in Tivoli were transferred immediately to other hospitals via ambulance, the Tivoli mayor's office said in a statement.
Symptoms of Rocky Mountain spotted fever include fever, headache, and rash, the CDC said.
Grammy-winning artist Gregory Porter makes a return to Saturday Sessions. Porter, who emerged from small jazz clubs in California, has garnered global acclaim and is now out with his first-ever holiday collection. The album pays tributes to some of the season's greatest singers and songwriters. From "Christmas Wish," here is Gregory Porter with "Christmas Waltz."
Grammy-winning artist Gregory Porter makes a return to Saturday Sessions. Porter, who emerged from small jazz clubs in California, has garnered global acclaim and is now out with his first-ever holiday collection. The album pays tributes to some of the season's greatest singers and songwriters. From "Christmas Wish," here is Gregory Porter with "Someday at Christmas."
Grammy-winning artist Gregory Porter makes a return to Saturday Sessions. Porter, who emerged from small jazz clubs in California, has garnered global acclaim and is now out with his first-ever holiday collection. The album pays tributes to some of the season's greatest singers and songwriters. From "Christmas Wish," here is Gregory Porter with "Heart for Christmas."
Also unprecedented was the speed at which Swift's Eras Tour had surpassed a billion in sales — a mere eight months.
Ryan O'Neal, the Oscar-nominated star of films including "Love Story" and "Paper Moon," has died at 82.
In the hopes of finally bringing high-speed rail to the U.S., the Biden administration on Friday approved $8.2 billion for projects on both coasts. $3 billion of that will go to Brightline West, a high-speed rail line that will run between Los Angeles and Las Vegas. Kris Van Cleave has details.
More than 90 million consumers will scan a QR code this year. But the technology can also facilitate identity theft.
The Justice Department accused Russia-based hackers of targeting U.S. intelligence officials as part of an international spear phishing campaign.
If America's most prominent banker and noted Wall Street critic Elizabeth Warren agree on one thing, it's that the crypto biz is out of control.
The update patches two vulnerabilities, includes no new features to the operating system.
The baby gator is one of just eight known leucistic alligators in the world, according to Gatorland, the park where it was born.
Betelgeuse, one of the biggest and brightest stars in the night sky, will momentarily vanish as an asteroid passes in front of it to produce a one-of-a-kind eclipse.
An 8-week-old sea otter pup was found alone in Alaska before being brought to the aquarium at the end of November.
Special Climate Envoy John Kerry wrapped up the first week of the COP28 climate summit in Dubai by announcing the U.S. supports "largely" phasing out fossil fuels. CBS News national correspondent Dave Malkoff joins to discuss.
Climate change is an urgent problem in the Arctic. From renewable energy to avalanche protection, here's what we can learn from how people there are protecting their way of life.
What Air Force Major Andre McDonald says happened in the days surrounding his wife's death.
The suspect barricaded himself in an apartment after the incident, sparking an hours-long standoff with Minneapolis Police.
The now 17-year-old gunman who opened fire at Oxford High School in Michigan on November 2021, killing four people and wounding seven others, was sentenced Friday to life in prison without the possibility of parole.
A 26-year-old woman was taken into custody Thursday on allegations she tried to set fire to the birth home of civil rights icon Martin Luther King Jr. in Atlanta.
New York Gov. Kathy Hochul put state police and the New York National Guard on high alert Thursday, and ordered the agencies to increase patrols at Jewish sites after a man armed with a shotgun fired two rounds into the air outside an Albany synagogue. Meg Oliver reports.
Betelgeuse, one of the biggest and brightest stars in the night sky, will momentarily vanish as an asteroid passes in front of it to produce a one-of-a-kind eclipse.
A guidance system problem during final approach prompted two space station cosmonauts to take over by remote control.
NASA is facing challenges with SpaceX's moon lander and the new Axiom spacesuits for moonwalkers.
Astronomers have discovered six planets orbiting a bright, nearby star in perfect synchrony like a grand cosmic orchestra.
Scientists have discovered a six-planet solar system in the Milky Way that astronomers say has been untouched by outside forces since its birth billions of years ago. The six planets orbit a star "perfectly" in sync. Derrick Pitts, chief astronomer at the Franklin Institute, joined CBS News to talk about the discovery.
Matthew Trussler was found dead at the home he shared with his fiancée Melissa Turner. See the evidence that led to authorities piecing together his death.
Marlene Warren answered the door to her Wellington, FL, home and was fatally gunned down by a mysterious clown. Despite eyewitnesses, circumstantial evidence, and the identification a suspect early on, it would take more than 30 years for her killer to face justice.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
The Illinois mom wrote, "If something ever happens to me, please make sure the number one person of interest is Tim." Take a look at the evidence that led to Tim Bliefnick's arrest.
Inside South Carolina's "trial of the century" — how investigators built their case
Examining the federal indictment against Hunter Biden; "Unbelievably frugal" Indianapolis man left $13 million to charities
Catherine Herridge reports on Hunter Biden's indictment, why public libraries are attracting Gen Z-ers and millennials, and what's behind McDonald's new restaurant concept CosMc's.
Israel-Hamas war enters third month; British chef and TV presenter Andi Oliver publishes first cookbook, "The Pepperpot Diaries"
Hundreds of protesters in Spain made a human mosaic of the Palestinian flag and the Pablo Picasso anti-war painting, Guernica. Meanwhile, a Jewish customer at a coffee shop said she was asked to leave after finding antisemitic graffiti in the establishment’s restroom. All that and all that matters in today’s Eye Opener.
Grammy-winning artist Gregory Porter makes a return to Saturday Sessions. Porter, who emerged from small jazz clubs in California, has garnered global acclaim and is now out with his first-ever holiday collection. The album pays tributes to some of the season's greatest singers and songwriters. From "Christmas Wish," here is Gregory Porter with "Christmas Waltz."