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", 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," the grim march to reopen the country continues as unemployment soars to levels unseen since the Great Depression.
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.
A Nepali Army spokesperson said early Saturday that helicopter operations were on hold until weather conditions improved.
Amid an ongoing trade war between Canada and the United States, President Trump last week sought to rename Lake Ontario "Lake America" by executive order.
Milo Yiannopoulos, who is British, was accused of overstaying his visa after entering the country legally in May 2019.
As the war passes the six-month mark, neither side showed any sign of backing down.
The vessel, which was in international waters near Ecuador, was allegedly used as a floating refueling station for drug boats belonging to the Los Choneros organization.
The judge delivered a victory for Stanford University's student newspaper, which said some international students were afraid to speak out because of the deportation threat.
Ukrainian President Zelenskyy suggested warehouse near a residential area hit by a Russian strike was used to store ammunition.
The ruling marks a blow to the federal government's long-delayed effort to prosecute Khalid Sheikh Mohammed, who is accused of developing the plot to crash planes into the Pentagon and World Trade Center.
William Jewell running back MicahJo Barnett, a junior majoring in business administration, died Saturday, the school said.
William Jewell running back MicahJo Barnett, a junior majoring in business administration, died Saturday, the school said.
The judge delivered a victory for Stanford University's student newspaper, which said some international students were afraid to speak out because of the deportation threat.
Amid an ongoing trade war between Canada and the United States, President Trump last week sought to rename Lake Ontario "Lake America" by executive order.
Milo Yiannopoulos, who is British, was accused of overstaying his visa after entering the country legally in May 2019.
The ruling marks a blow to the federal government's long-delayed effort to prosecute Khalid Sheikh Mohammed, who is accused of developing the plot to crash planes into the Pentagon and World Trade Center.
President Trump announced a deal to grant the U.S. control of more than 60 billion barrels of proven Venezuelan oil reserves.
Juul plans to market the new device under the brand name Juul2, along with updated versions of its tobacco- and menthol-flavored cartridges.
Trading of sports event contracts on Kalshi constitutes gambling, appeals court rules in siding with Nevada officials.
New federal labor figures forecast the fastest-growing U.S. job sectors over the next decade.
David Booth, the founder of Dimensional Fund Advisors, says the key to investing — and life — is to stay calm in the face of uncertainty.
The judge delivered a victory for Stanford University's student newspaper, which said some international students were afraid to speak out because of the deportation threat.
Milo Yiannopoulos, who is British, was accused of overstaying his visa after entering the country legally in May 2019.
The ruling marks a blow to the federal government's long-delayed effort to prosecute Khalid Sheikh Mohammed, who is accused of developing the plot to crash planes into the Pentagon and World Trade Center.
He was placed on unpaid leave from his job at the White House after it was determined he used his position to make bets on what President Trump would say in speeches.
President Trump announced a deal to grant the U.S. control of more than 60 billion barrels of proven Venezuelan oil reserves.
Marc Gaudisosi thought his symptoms were caused by a sinus infection. Then an urgent care told him to go to the hospital.
Juul plans to market the new device under the brand name Juul2, along with updated versions of its tobacco- and menthol-flavored cartridges.
Caused by parasites spread via Anopheles mosquitoes, malaria can cause symptoms including nausea, headache and intense waves of fever and chills.
U.S. officials have confirmed cases of a parasitic illness tied to lettuce in three more states: Georgia, Tennessee and Texas.
Patients taking the first-of-a-kind pill, called daraxonrasib, lived for a median of 13.2 months compared with 6.7 months for chemotherapy recipients, studies showed.
Amid an ongoing trade war between Canada and the United States, President Trump last week sought to rename Lake Ontario "Lake America" by executive order.
Ecstasy pills shaped to look like President Trump contain a high concentration of the chemical PMMA, which could potentially be lethal, a Dutch institute said.
The vessel, which was in international waters near Ecuador, was allegedly used as a floating refueling station for drug boats belonging to the Los Choneros organization.
Ukrainian President Zelenskyy suggested warehouse near a residential area hit by a Russian strike was used to store ammunition.
A Nepali Army spokesperson said early Saturday that helicopter operations were on hold until weather conditions improved.
Rescue efforts in Nepal, high inflation six months after the Iran war started, plus Dolly Parton's Imagination Library brings books to young readers.
Dolly Parton's Imagination Library charity has brought books to thousands of small hands eager to read. Parents of children who were gifted books through the charity praise the late singer, emphasizing their gratefulness.
Amazon Books editorial director Sarah Gelman discusses some of the most hotly anticipated books of the fall.
Tonight, Nashville's Grand Ole Opry will remember Dolly Parton in a star-studded tribute. The beloved country singer was also celebrated for her humanitarian efforts, including her Imagination Library charity, which promoted literacy for young readers. The Dollywood Foundation president Jeff Conyers joined "CBS Saturday Morning" to speak on Dolly's generous soul.
Nashville based singer-songwriter and two-time Grammy nominee Maggie Rose is known for her genre-blending sound and extraordinary voice. Her new album "Half Moon" explores the thrill and uncertainty of new motherhood. Here's Maggie Rose with "Gentle Man."
Tech giant Meta settled a series of multistate social media addiction lawsuits, agreeing to pay out up to $17 billion. In addition, Meta will roll out some changes to its portfolio of social media apps, including Instagram, Facebook and others.
Employee attitudes toward AI are closely tied to their age and generational concerns, according to Glassdoor.
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.
Hospitals, technology firms and other companies could soon be at risk from AI-enabled cyberattacks, according to a new open letter from more than 100 signatories.
Microsoft founder and computer pioneer Bill Gates changed the world forever with his technological innovation. Now, Gates is warning that the development of artificial intelligence without strong oversight and regulation could threaten society as we know it. MIT professor Max Tegmark shares his concerns.
Marmots, not bears, are the largest "true" hibernating mammal, UCLA marmot researchers Katie Adler and Emily Renkey say. The two share more fun facts about these cute creatures and explain how to vote for the fattest marmot.
NASA's new telescope could change the way we see space. With a wide-field camera that will reveal an area up to 200 times larger than the Hubble Space Telescope, and an orbit a million miles from Earth, the Nancy Grace Roman telescope is expected to find tens of thousands of unknown exoplanets.
The Great Smoky Mountains National Park told visitors Tuesday that invasive Joro spiders "may be hanging in a web near you."
July was the hottest month ever in the Lower 48 States – another escalation of our world into a hotter, more dangerous planet, where extreme weather events – such as heat waves, wildfires and hurricanes – will become more common and more extreme.
July was the hottest month ever in the Lower 48 States, breaking a record last set during the Dust Bowl – just another step in the escalation of our world into a hotter, more dangerous planet. Correspondent Jonathan Vigliotti talks with climate journalist Jeff Goodell and atmospheric scientist Maria Molina about how changes in Earth's climate are increasing the likelihood that extreme weather events – such as heat waves, wildfires and hurricanes – will become more common and more extreme.
Attorneys finalized jury instructions with the judge Friday after witness testimony wrapped Thursday in the trial of Duane Davis, also known as "Keefe D," who's accused of orchestrating the drive-by shooting that killed Tupac Shakur in 1996. Davis has denied the allegations. CBS News' Katrina Kaufman has more.
The jury in the trial of Lindsay Clancy, the woman accused of murdering her three young children, is still deliberating on whether to accept her postpartum psychosis defense. Shanelle Kaul reports and Caroline Polisi provides legal analysis.
British right-wing political commentator Milo Yiannopoulos, who supported President Trump's agenda, is being held by ICE for allegedly overstaying his visa. Nancy Cordes has the details.
Jurors went home for the weekend Friday with deliberations set to resume Monday morning in the trial of Lindsay Clancy. Clancy has admitted to killing her three young children, but is arguing she was suffering from postpartum psychosis. CBS News' Shanelle Kaul has more.
The jury in the Lindsay Clancy murder trial went home Friday after asking questions about Clancy's medication and the knife used in her suicide attempt. CBS News correspondent Shanelle Kaul reports.
The $4.3 billion telescope is expected to discover tens of thousands of exoplanets while probing the nature of mysterious dark matter and energy.
President Trump plans to award the Congressional Space Medal of Honor to the crew of NASA's Artemis II mission in a ceremony Aug. 28.
The mission to save NASA's sinking space telescope has been called off, dooming the telescope to a fiery reentry later this year.
A NASA spacecraft circling the moon is providing the sharpest views yet of the crater carved by a crashing SpaceX rocket.
The newly discovered object looks like a star the size of our solar system, but produces 100 billion times more energy than any star.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Dolly Parton, the country music legend who became a feminist icon, has died at the age of 80. Here is a look back at her life in pictures.
Sylvie Cachay was found dead in an overflowing bathtub at the exclusive Soho House in New York City on Dec. 9, 2010. A water leak at the hotel gave away a timeline that may have revealed her killer.
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.
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
Val and Carolyn Cantú reimagine Mexican cuisine at San Francisco restaurant Californios, which has earned three Michelin stars for its 12-course tasting menu.
Rescue efforts in Nepal, high inflation six months after the Iran war started, plus Dolly Parton's Imagination Library brings books to young readers.
Haitian-born designer Pierre Laborde can't make his popular bags fast enough to keep up with intense demand. Eager shoppers queue outside of a weekly market in New York City to try to buy one of his bags.
Dolly Parton's Imagination Library charity has brought books to thousands of small hands eager to read. Parents of children who were gifted books through the charity praise the late singer, emphasizing their gratefulness.
Amazon Books editorial director Sarah Gelman discusses some of the most hotly anticipated books of the fall.