Initial jobless claims rise
Tim Speiss, a tax partner for EisnerAmper, joined CBS News after the closing bell on Wall Street. He discussed the latest unemployment claims report and what investors can do with their portfolios.
Unemployment
Layoffs rising as the U.S. economy slows
More Americans filed for jobless aid last week as layoffs jumped, showing the Fed's rate hikes are taking a toll.
Buckle up, America: The Fed wants to put you out of a job
Fed Chair Jerome Powell says curbing inflation will cause pain. Critics say putting millions out of work is unnecessary.
11/18: Red and Blue
President Biden hosts Canadian Prime Minister Justin Trudeau and Mexican President Andrés Manuel López Obrador at the White House; U.S. jobless claims fall to new pandemic low
7/8: Red and Blue
Biden announces August 31 deadline for withdrawing troops from Afghanistan; U.S. jobless claims increase over last week
3/11: Red and Blue
Biden addressing nation after passing COVID relief bill; Matthew McConaughey mulling run for Texas governor
2/22: Red and Blue
Commemorating 500,000 lives lost to COVID; Push to honor Black American war hero's bravery
Impact of Federal Reserve rate hike
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.
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.
Fed hikes key interest rate yet again
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.
Reaction to jobs and retail rales reports
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.
8/2: Face The Nation
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.
7/26: Face The Nation
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.
5/24: Face The Nation
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.
5/10: Face The Nation
This week on "Face the Nation," the grim march to reopen the country continues as unemployment soars to levels unseen since the Great Depression.
9/6: Face The Nation
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.
Job growth remains strong in August report
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.
U.S. unemployment claims fall as GDP shrinks
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
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.
Fewer available jobs, low unemployment clash
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.
Jobless claims rise for second straight week
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.
Jobless claims rise to new 8-month high
The number of Americans who signed up for unemployment benefits rose last week to 262,000 — the highest since November.
July jobs report beats expectations
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.
Unemployment drops to lowest rate in 50 years
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.
Jobless claims at 8-month high as layoffs edge higher
Although the labor market is slowing, businesses around the U.S. still have millions of job openings. .
Live
Trump demands Iran reopen Strait of Hormuz amid search for missing U.S. crew member
A senior Iranian military official rejected President Trump's ultimatum, calling it "a helpless, nervous, unbalanced and stupid action."
Despite toilet trouble, Artemis II crew reflects on wonder of deep space experience
Amid ongoing toilet trouble, the Artemis II astronauts reflected on the wonder of sailing through deep space to the moon.
Family of Iran military leader Soleimani has U.S. residence visas revoked
Hamideh Soleimani Afshar and her daughter were granted U.S. asylum in 2019, but the government is now moving to strip them of their green cards.
First on CBS
White House is expected to shake up more leadership roles at DOJ, sources say
The changes were likely to affect Associate Attorney General Stanley Woodward, the No. 3 official at the Justice Department and Harmeet Dhillon, the Assistant Attorney General for the Civil Rights Division.
Ousted Army chief of staff says soldiers deserve "courageous leaders" in email
Defense Secretary Pete Hegseth asked George to step down and take immediate retirement, CBS News exclusively reported earlier this week.
The $100,000 H-1B visa fee is impacting the U.S.'s ability to attract global talent
According to numbers from U.S. Citizenship and Immigration Services, more than 70% of H-1B visa holders in 2024 were Indian.
Trump gives Iran 48-hour deadline to reopen Strait of Hormuz or "Hell will reign down"
The war shows no signs of slowing as Iran responds to airstrikes with attacks across the region.
Driver charged with DWI after vehicle crashes into crowd at Louisiana parade
Officials said the incident does not appear to be an intentional act based on a preliminary investigation.
Did Trump help write the latest White House East Wing court filing?
The government's legal bid to continue East Wing construction has the hallmarks of President Trump's social media posts.
U.S.
More U.S.
Would Michigan investigators be able to prove murder in a case without a body?
After Dee Warner, a Michigan businesswoman and mother, disappeared from her home, her family believed she has been murdered and suspected her husband Dale Warner. But without physical evidence, they knew it would be hard to prove.
The $100,000 H-1B visa fee is impacting the U.S.'s ability to attract global talent
According to numbers from U.S. Citizenship and Immigration Services, more than 70% of H-1B visa holders in 2024 were Indian.
Driver charged with DWI after vehicle crashes into crowd at Louisiana parade
Officials said the incident does not appear to be an intentional act based on a preliminary investigation.
Parker, Delle Donne among basketball greats set for Hall of Fame enshrinement
Candace Parker, Elena Delle Donne, Chamique Holdsclaw and the 1996 U.S. Olympic women's basketball team will be enshrined in the Naismith Memorial Basketball Hall of Fame later this year.
Scientist with rare ALS genetic mutation looks to experimental treatment
Every few months for the past three years, Jeff Vierstra has been receiving infusions in his spine that target and disable a mutated gene that made it likely he would develop ALS.
MoneyWatch
More MoneyWatch
Sauté pans sold at Costco recalled after metal caps "forcefully eject"
One consumer reported sustaining bruising and burn injuries.
Chicago Fed's Goolsbee says he sees inflation as risk to 2026 rate cuts
Goolsbee, president of the Federal Reserve Bank of Chicago, said mounting inflation risks "complicates the picture" on interest rates.
3 ways the Iran war is hitting Americans' pocketbooks
U.S. consumers are starting to feel the financial impact of the Iran war. Here's how the conflict is seeping into the economy.
3.1 million bottles of eye drops sold at Walgreens, CVS are recalled
The eye drops — sold under multiple brands — have been recalled over concerns about sterility, according to the FDA.
Employers added 178,000 jobs in March, blowing past forecasts
Hiring was much stronger than expected in March, with employers adding roughly three times the number of jobs economists predicted.
Politics
More Politics
Family of Iran military leader Soleimani has U.S. residence visas revoked
Hamideh Soleimani Afshar and her daughter were granted U.S. asylum in 2019, but the government is now moving to strip them of their green cards.
Ousted Army chief of staff says soldiers deserve "courageous leaders" in email
Defense Secretary Pete Hegseth asked George to step down and take immediate retirement, CBS News exclusively reported earlier this week.
First on CBS
White House is expected to shake up more leadership roles at DOJ, sources say
The changes were likely to affect Associate Attorney General Stanley Woodward, the No. 3 official at the Justice Department and Harmeet Dhillon, the Assistant Attorney General for the Civil Rights Division.
Trump gives Iran 48-hour deadline to reopen Strait of Hormuz or "Hell will reign down"
The war shows no signs of slowing as Iran responds to airstrikes with attacks across the region.
Judge halts Trump effort requiring colleges show they don't consider race
The ruling follows a lawsuit filed earlier this month by a coalition of 17 Democratic state attorneys general.
HealthWatch
More HealthWatch
Scientist with rare ALS genetic mutation looks to experimental treatment
Every few months for the past three years, Jeff Vierstra has been receiving infusions in his spine that target and disable a mutated gene that made it likely he would develop ALS.
New ALS treatment brings hope to patients
"CBS Saturday Morning" looks at an experimental treatment for amyotrophic lateral sclerosis, or Lou Gehrig's disease, that is bringing hope to some patients suffering from the neurodegenerative disease. To inquire about possible participation in Silence ALS, an initiative to develop individualized gene-based therapies for patients with other rare genetic forms of ALS, please write to silenceals@cumc.columbia.edu.
He thought he was in good health — until fainting during a bike ride
John Cantrell was enjoying his retirement until an unexpected condition forced him to choose between two kinds of heart surgery.
HHS announces national program to study effect of microplastics on humans
The Environmental Protection Agency also added microplastics to its contaminant candidate list for the first time.
FDA approves Eli Lilly weight loss pill
The FDA approved a new GLP-1 drug from Eli Lilly. Dr. Jon LaPook breaks it down.
World
More World
Family of Iran military leader Soleimani has U.S. residence visas revoked
Hamideh Soleimani Afshar and her daughter were granted U.S. asylum in 2019, but the government is now moving to strip them of their green cards.
2 men and teen held in U.K. custody over Jewish charity ambulance attack
All men were charged Friday with arson and being reckless as to whether life would be endangered.
Deadly strikes in Ukraine and Russia kill 10, injure dozens
The attacks came as Ukrainian President Volodymyr Zelenskyy traveled to Istanbul for talks with Turkish President Recep Tayyip Erdogan.
Dutch police probe explosion outside a pro-Israel Christian center
The incident comes after a string of similar nighttime attacks across Europe that have heightened concerns over antisemitism.
One dead, dozens injured in crush during rally at Peru soccer stadium
Videos broadcast by local television stations showed a large crowd of fans in the south stands amidst an explosion of fireworks.
Entertainment
More Entertainment
Entertainment
4/4: Saturday Morning
The search continues for a missing American service member after Iran shot down an F-15E fighter jet on Friday. Meanwhile, the Artemis II passed its halfway point to the moon.
Kenan Thompson on his career and parenthood
Kenan Thompson sits down with Kelly O'Grady to reflect on his career and parenthood while discussing his new children's book "Unfunny Bunny."
Drayton Farley performs "It's Called Doubt"
Alabama native Drayton Farley was working at a local auto plant and making bedroom recordings just a few years ago. Now he's being compared to Americana greats like Tyler Childers and Jason Isbell. His new album, "A Heavy Duty Heart," is out now. Here's Drayton Farley performing "It's Called Doubt."
Drayton Farley performs "The Luckier Ones"
Alabama native Drayton Farley was working at a local auto plant and making bedroom recordings just a few years ago. Now he's being compared to Americana greats like Tyler Childers and Jason Isbell. His new album, "A Heavy Duty Heart," is out now. Here's Drayton Farley performing "The Luckier Ones."
Drayton Farley performs "I Need Your Love"
Alabama native Drayton Farley was working at a local auto plant and making bedroom recordings just a few years ago. Now he's being compared to Americana greats like Tyler Childers and Jason Isbell. His new album, "A Heavy Duty Heart," is out now. Here's Drayton Farley performing "I Need Your Love."
Technology
More Technology
The $100,000 H-1B visa fee is impacting the U.S.'s ability to attract global talent
According to numbers from U.S. Citizenship and Immigration Services, more than 70% of H-1B visa holders in 2024 were Indian.
New film on risks and rewards of AI
"CBS Mornings" sits down with Tristan Harris, co-founder and president of the Center for Humane Technology, who is featured in the 2026 documentary, "The AI Doc: Or How I Became an Apocaloptimist."
How AI powered robots are helping small farms
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.
Inside Apple's relationship with China
CBS News contributor Patrick McGee joins "The Daily Report" to discuss the codependent relationship between Apple and China, a country that manufactures hundreds of millions of iPhones every year.
Jamie Dimon: JPMorgan could offer prediction market services to investors
The JPMorgan Chase CEO said the bank may one day introduce prediction market features, but said "there's a bunch of stuff we won't do" in that space.
Science
More Science
Artemis II crew begins "crazy first day" in space after exhilarating launch
NASA's Artemis II astronauts will spend about 24 hours orbiting the Earth and running checks on their spacecraft and life support systems before heading to the moon.
CBS News studio shakes as Artemis II launches
Four astronauts are traveling around the moon on Artemis II, going further from Earth than anyone before. CBS News' Mark Strassmann and Peter King have more.
What Artemis II astronauts will do in space
Former NASA astronaut Clayton Anderson joins CBS News to discuss what the Artemis II astronauts will do as they orbit the Earth after takeoff.
How Artemis II crew will sleep in space
Members of the Artemis II crew will be the first people to sleep inside the Orion spacecraft. CBS News' Kris Van Cleave has more on how they'll do that.
How do astronauts use the bathroom?
The science and technology behind using the restroom in space continues to evolve. CBS News senior transportation correspondent Kris Van Cleave looks at the out-of-this-world facilities available to the Artemis II crew.
Crime
More Crime
Would Michigan investigators be able to prove murder in a case without a body?
After Dee Warner, a Michigan businesswoman and mother, disappeared from her home, her family believed she has been murdered and suspected her husband Dale Warner. But without physical evidence, they knew it would be hard to prove.
Man arrested at retirement home for wife's murder decades earlier
Janice Randle was found dead in her bed in 1992, but police couldn't make an arrest in the case until new information emerged.
From 1996: FBI arrests suspected Unabomber
On April 3, 1996, the FBI arrested Theodore Kaczynski in the Unabomber case, ending one of the longest and most intense manhunts in U.S. history. Watch CBS News' coverage from that day.
More on Pam Bondi's firing
President Trump's firing of Attorney General Pam Bondi is raising questions about their dynamic in the months prior. CBS News' Weijia Jiang reports.
Plot to poison man's root beer float
A mother and daughter are accused of killing a man by poisoning his root beer float. CBS News' Peter Van Sant reports.
Space
More Space
Despite toilet trouble, Artemis II crew reflects on wonder of deep space experience
Amid ongoing toilet trouble, the Artemis II astronauts reflected on the wonder of sailing through deep space to the moon.
Moon-bound Artemis II astronauts enjoy a relaxed day in space
The Artemis II astronauts continued their long coast to the moon, capturing stunning photos along the way.
NASA shares first photos of Earth taken by Artemis II
The photo shows the entire planet, as well as the Northern and Southern lights.
Artemis II crew clears Earth orbit, heads for the moon
The engine firing provided a slingshot-like boost to the Orion capsule, speeding it to 24,500 mph, the velocity needed to break free of Earth's gravitational clasp for a trek to the moon.
Artemis II crew begins "crazy first day" in space after exhilarating launch
NASA's Artemis II astronauts will spend about 24 hours orbiting the Earth and running checks on their spacecraft and life support systems before heading to the moon.
Latest Galleries
More Latest Galleries
Notable Deaths in 2026
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Evidence in the Barbara Kendhammer case
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
The life & near death of prizefighter Christy Salters-Martin
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Timeline: The disappearance of George Smith
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Who is Alix Tichelman?
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Latest CBS News Videos
More Latest CBS News Videos
Latest CBS News Videos
Artemis II astronauts speak on their moon mission
The Artemis II astronauts spoke with CBS News senior national correspondent Mark Strassmann from space as they flew closer to the moon.
100 years of the Harlem Globetrotters
For 100 years, the Harlem Globetrotters have been sharing the game of basketball around the world. Jericka Duncan caught up with them after a century of tricks and laughs.
Analyzing impact of Trump's changes to H-1B visas
For decades, the U.S. has imported highly-skilled tech workers from around the world on H-1B visas. But the Trump administration changed the way they are granted. Shanelle Kaul reports on how that is impacting the pipeline of global talent coming to America.
Artemis II crew speaks with CBS News on mission
The four astronauts on the Artemis II mission have passed the halfway point between the Earth and the moon. Mark Strassmann spoke with the astronauts about the accomplishment.
Beyond rising gas prices, car prices soar too
Amid the war in Iran, the nationwide average price for a gallon of regular is now $4.10. Soaring gas prices are also fueling new questions about the cost of the vehicles we drive. Ali Bauman has more from the New York Auto Show.