Feds say $45.6 billion in pandemic jobless aid was likely stolen
Government probe shows scammers used the Social Security numbers of more than 200,000 dead people to claim jobless benefits.
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Government probe shows scammers used the Social Security numbers of more than 200,000 dead people to claim jobless benefits.
The Federal Reserve approved a third consecutive 0.75 percentage point hike to its benchmark interest rate Wednesday in an effort to tackle record inflation. Jeanna Smialek, a Federal Reserve and economy reporter for The New York Times, joined John Dickerson to discuss the impact of the interest rate hikes on the U.S. economy.
David Kelly, the chief global strategist for J.P. Morgan Asset Management, joins CBS News to discuss the drop in first-time jobless claims last week and last month's rise in retail sales. He also shares his expectations for next week's highly anticipated Federal Reserve meeting.
This week on "Face the Nation," coronavirus deaths and infections continue to rise in the U.S. as July marks the worst month for new cases since the beginning of the pandemic.
This week on "Face the Nation," the grim march to reopen the country continues as unemployment soars to levels unseen since the Great Depression.
This week on "Face the Nation", 100 days from the election, the coronavirus surges in the south and west, with hospitalizations and deaths on the rise. Unemployment claims spike for the first time in nearly four months, and President Trump looks for a reset.
This week on "Face the Nation", the country approaches a grim milestone of 100,000 coronavirus deaths as all 50 states begin to ease restrictions.
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. 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 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.
The latest on the 2014 agenda in Washington, from Obamacare to unemployment benefits, with Senate Majority Leader Harry Reid, D-Nev., Reps. Matt Salmon, R-Ariz., and Peter King, R-N.Y., and more.
Despite low unemployment numbers, some economic indicators point to an impending slowdown — including a drop in the number of job openings nationwide. Kris Van Cleave reports.
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.
The number of Americans who signed up for unemployment benefits rose last week to 262,000 — the highest since November.
The U.S. added 528,000 jobs in July, more than double what economists had predicted. With that boost, the unemployment rate fell to 3.5%, back to pre-pandemic levels and the lowest it's been since 1969. Daniel Zhao, senior economist at Glassdoor, joins CBS News to discuss what the report indicates about the state of the economy.
The July jobs report shows unemployment has dropped to pre-pandemic levels. Job growth last month was more than double what analysts were projecting. Javier David, business and markets managing editor at Axios, joins CBS News to break down what some of the key numbers in the report signal for the American economy.
Although the labor market is slowing, businesses around the U.S. still have millions of job openings. .
CEO Vlad Tenev says soaring inflation and cryptocurrency crash is discouraging customers from trading.
The latest Labor Department report shows that new unemployment filings fell to 231,000 for the week of June 25, down 2,000 from the previous week. CBS News' Vladimir Duthiers and Anne-Marie Green sit down with Kathryn Gill, a reporter for The Wall Street Journal, to discuss these figures and other developments in the U.S. labor market and economy.
The U.S. added 431,000 jobs in March as the unemployment rate dropped to 3.6%. Friday's jobs report also showed wages grew 5.6% in the past year. Sarah House, a senior economist at Wells Fargo, joined CBS News after the closing bell on Wall Street to discuss what this signals for the future of the U.S. economy.
The Labor Department is reporting another impressive month of job growth with U.S. employers adding 428,000 new jobs in April. The unemployment rate held steady at 3.6%. Daniel Zhao, a senior economist at Glassdoor, joins CBS News to discuss the latest numbers.
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.
The U.S. added 431,000 jobs in the month of March, a sign the economy is continuing to rebound and the job market is growing. Gargi Chaudhuri, head of iShares Investment Strategy Americas at BlackRock, joined CBS News to break down the data.
Job growth accelerated more than expected last month despite growing fears of a possible recession. According to the Labor Department, the labor market added 372,000 jobs in June. Lori Bettinger, president of BancAlliance and former director of the Troubled Asset Relief Program during the Obama administration, joins CBS News to discuss what the latest jobs report means for the state of the economy.
The May jobs report came in better than expected. The U.S. added 390,000 jobs during the month, and the unemployment rate remained at 3.6%. But inflation is causing a change in trends of how consumers are spending their money. Kevin Gordon, senior investment research manager at Charles Schwab, joins CBS News to break down the jobs report and what it signals about the state of the economy.
The official DHS statistics, which had not been previously reported, provide the most detailed look yet into who ICE has arrested during the Trump administration's crackdown.
The FBI says it is taking two emails seriously, including what appears to be a ransom note with a second deadline set for later on Monday.
Ghislaine Maxwell invoked her Fifth Amendment right and refused to answer questions during a virtual appearance before the House Oversight Committee.
Google and Pepsi were among the best ads of the Big Game, while Coinbase and ai.com got failing grades, according to one ranking.
The 31-year-old Puerto Rican artist Bad Bunny took the stage on Sunday dressed in all white, donning a jersey with his last name, Ocasio, and the number 64.
Lindsey Vonn thanked a journalist who wished her well on social media a day after suffering a broken leg in a devastating crash at the Winter Olympics in Italy.
New video footage from the day of the Brown University shooting that killed two students and injured nine others was released Monday.
Family of Jimmy Lai, a Hong Kong media tycoon and vocal critic of China's Communist rule, calls his prison sentence cruel, and the "end of justice."
When self-proclaimed "Quad God" Ilia Malinin landed seven quad jumps in a single program last December, he boisterously ushered in a new era of skating with his daring routines.
Puerto Rican superstar Bad Bunny, born Benito Antonio Martínez Ocasio, is one of the most-streamed artists on the planet.
Eddie Bauer, a 106-year-old retailer, points to declining sales and "tariff certainty" as factors behind its latest move to seek bankruptcy protection.
Ghislaine Maxwell invoked her Fifth Amendment right and refused to answer questions during a virtual appearance before the House Oversight Committee.
New video footage from the day of the Brown University shooting that killed two students and injured nine others was released Monday.
The FBI says it is taking two emails seriously, including what appears to be a ransom note with a second deadline set for later on Monday.
Eddie Bauer, a 106-year-old retailer, points to declining sales and "tariff certainty" as factors behind its latest move to seek bankruptcy protection.
Google and Pepsi were among the best ads of the Big Game, while Coinbase and ai.com got failing grades, according to one ranking.
"Black carbon," or soot, that spews from ships and makes the Artic Ocean ice melt even faster is an increasing concern in a region beset with many other issues.
For the first time, a major U.S. automaker is putting a team up against the European giants of Formula One. Can Cadillac be a contender?
For over five centuries, Antwerp's diamond district has been the cornerstone of the global diamond trade. Now, that legacy is under strain.
Ghislaine Maxwell invoked her Fifth Amendment right and refused to answer questions during a virtual appearance before the House Oversight Committee.
The official DHS statistics, which had not been previously reported, provide the most detailed look yet into who ICE has arrested during the Trump administration's crackdown.
Rep. Tony Gonzales said the Dilley detention facility, which houses families and children, is "nicer than some elementary schools."
Republicans and Democrats in Congress are locked in a standoff over reforming the nation's immigration enforcement operation as a deadline to reach a resolution and fund the Department of Homeland Security approaches.
On this "Face the Nation with Margaret Brennan" broadcast, Sen. Mark Warner and Rep. Tony Gonzales join Margaret Brennan.
Ballad Health, the nation's largest state-sanctioned hospital monopoly, plans to rebuild Unicoi County Hospital in Tennessee on land that two climate modeling companies say is at risk of flooding.
Becca Valle, then 37, enrolled in a cutting-edge clinical trial after surgery removed an aggressive tumor from her brain.
More than three dozen cases of death cap mushroom poisonings have been reported in California since November, health officials said.
Here's what to know about TrumpRx, including how it works, who can use it, and how much money it can save.
The Trump administration launched its new TrumpRx direct-to-consumer prescription drug listing site late Thursday, part of a push to offer medication at steep discounts.
Lindsey Vonn thanked a journalist who wished her well on social media a day after suffering a broken leg in a devastating crash at the Winter Olympics in Italy.
The International Organization for Migration says two infants are among at least 53 people feared dead or missing after a boat capsized off Libya's coast.
Authorities said they found the bodies of suspects wanted over a triple murder linked to an allegedly shady NGO. One prosecutor said it was like something out of "Twin Peaks."
Family of Jimmy Lai, a Hong Kong media tycoon and vocal critic of China's Communist rule, calls his prison sentence cruel, and the "end of justice."
"Black carbon," or soot, that spews from ships and makes the Artic Ocean ice melt even faster is an increasing concern in a region beset with many other issues.
Puerto Rican superstar Bad Bunny, born Benito Antonio Martínez Ocasio, is one of the most-streamed artists on the planet.
Ad Age editor-in-chief Jeanine Poggi joins "CBS Mornings" to break down which ads during Super Bowl LX stood out and if some missed the mark.
When self-proclaimed "Quad God" Ilia Malinin landed seven quad jumps in a single program last December, he boisterously ushered in a new era of skating with his daring routines.
The Seattle Seahawks beat the New England Patriots 29-13 in Super Bowl LX on Sunday. Bad Bunny's halftime show highlighted Puerto Rican culture and featured Ricky Martin and Lady Gaga, but drew criticism from President Trump. CBS News correspondent Nidia Cavazos has more.
For the first time, a major U.S. automaker is putting a team up against the European giants of Formula One. Can Cadillac be a contender?
The FAA says it is collaborating with the FBI to detect, track and assess unauthorized drone activity at the Super Bowl.
Gamers across the world can now recreate drone strikes in Ukraine from the comfort of their own home, with this newly released game.
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.
CBS News business analyst Jill Schlesinger talks about how companies are using artificial intelligence, the discussion around the technology and how it's impacting the workforce.
Executives from Waymo and Tesla defended their self-driving vehicle technology in testimony before the Senate Commerce Committee on Wednesday. CBS News' Kris Van Cleave reports and Ian Krietzberg, an AI correspondent at the digital media company Puck, has more.
After decades monitoring polar bears in Norway's far north, researchers say the animals have proven incredibly adaptable, but there are no guarantees for the future.
Dark matter doesn't absorb or give off light so scientists can't study it directly. But they can observe how its gravity warps and bends the star stuff around it.
"CBS Saturday Morning" learns more about Veronika, the clever cow who figured out multiple ways to scratch herself with a broom. It was the first time a cow was seen using a tool.
"Sunday Morning" looks back at historical events on this date.
The Dinosaur National Monument, which is located on the border between Colorado and Utah, was last excavated in 1924.
New video footage from the day of the Brown University shooting that killed two students and injured nine others was released Monday.
The House Oversight Committee is set to depose Jeffrey Epstein co-conspirator Ghislaine Maxwell on Monday as part of the panel's investigation into the late convicted sex offender. CBS News legal reporter Katrina Kaufman has more.
Authorities visited Nancy Guthrie's home over the weekend to collect evidence from what appeared to be a septic tank. Meanwhile, Savannah Guthrie and her siblings released another video pleading for their mother's release. CBS News' Jonathan Vigliotti has the latest.
The search for Nancy Guthrie entered its second week after Savannah Guthrie and her siblings released another video, telling their mother's possible abductor, "we will pay." Steven Jensen, a former assistant director at the FBI, breaks down the latest.
Authorities said they found the bodies of suspects wanted over a triple murder linked to an allegedly shady NGO. One prosecutor said it was like something out of "Twin Peaks."
The new crew will replace four station fliers who returned to Earth ahead of schedule last month due to a medical issue.
NASA's first crewed moon mission in more than 50 years has been delayed until March at the earliest. During a routine dress rehearsal of the launch, persistent liquid hydrogen leaks were discovered in the Artemis II rocket. CBS News space consultant Bill Harwood breaks it down.
NASA plans to test the planned leak repair with a second dress rehearsal fueling test later this month.
NASA delayed the Artemis II moon rocket launch after a hydrogen leak was found during a wet dress rehearsal, the agency announced Tuesday. CBS News senior space consultant Bill Harwood has the latest.
A NASA mission is underway to map the heliosphere, which is a huge protective bubble around the solar system that was created by the sun.
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.
American downhill skier Lindsey Vonn is recovering after crashing just seconds into her race on Saturday at the 2026 Winter Olympics in Italy. CBS News correspondent Seth Doane describes witnessing the moment.
Ad Age editor-in-chief Jeanine Poggi joins "CBS Mornings" to break down which ads during Super Bowl LX stood out and if some missed the mark.
In a small town in South Carolina, an unhoused man and his dog faced tough conditions and no place to turn when winter weather hit. But thanks to the kindness of strangers, the community came together to make sure he had everything he needed. David Begnaud reports.
The House Oversight Committee is set to depose Jeffrey Epstein co-conspirator Ghislaine Maxwell on Monday as part of the panel's investigation into the late convicted sex offender. CBS News legal reporter Katrina Kaufman has more.
Authorities visited Nancy Guthrie's home over the weekend to collect evidence from what appeared to be a septic tank. Meanwhile, Savannah Guthrie and her siblings released another video pleading for their mother's release. CBS News' Jonathan Vigliotti has the latest.