Watch CBS News
More than 5 million people filed for unemployment in the last week as coronavirus lockdowns continue through the country. Although the number is lower than the previous two weeks, the figure rounds out a grim four-week span in which over 20 million Americans filed jobless claims. CBS News business analyst Jill Schlesinger joins "CBS This Morning" to talk about what that figure means for the U.S.'s road to economic recovery.
Gary Cohn, President Trump's former chief economic adviser, joins "CBS This Morning" to talk about the economic impact of the coronavirus pandemic for our series Financial Fallout. Cohn was president and COO of Goldman Sachs during the last recession, and says we need to "take our clues" from the way COVID-19 is spreading in order to safely and cautiously reopen the economy.
With Italy's economy under threat of collapse, the government says it's working on solutions to getting people back to work. In CBS News' latest installment of "Racing to a Cure," Chris Livesay shows us how they are using antibody tests to get things back to normal.
The $350 billion Paycheck Protection Program could run out of money as early as Tuesday night. And Congress can't agree on how to send more. Kris Van Cleave reports.
The coronavirus pandemic has disproportionally affected minority communities, both in terms of confirmed COVID-19 cases and in the pandemic’s economic impact. About 36% of African American households report losing a job, taking a pay cut or both. That’s compared to 29% of white households. Operation Hope is a nonprofit providing financial literacy and empowerment to under-served communities and its founder and CEO, John Hope Bryant, has advised three U.S. presidents. He joins “CBS This Morning” to talk about his organization for our series, “Financial Fallout.”
As nearly 17 million Americans filed for unemployment in the past few weeks, it is no surprise many are seeking aid at food banks. The escalating demand, however, is barely being met with many fearing a shortage soon. Danya Bacchus reports.
Over 15 million Americans applied for unemployment benefits over the last three weeks, a devastating reflection of the coronavirus pandemic's impact on the economy. Many people, even those who do not know if they will still be employed, are looking for information to help navigate the uncertainty. CBS News business analyst Jill Schlesinger joins "CBS This Morning" to respond to some of viewers' critical personal finance questions.
The Labor Department's newest weekly jobless claims report shows 6.6 million Americans applying for unemployment over the last week. The previous two weeks saw around 10 million U.S. workers filing, a grim record that reflects the coronavirus pandemic's massive weight on the economy. CBS News business analyst Jill Schlesinger joins "CBS This Morning" to break down what the latest numbers mean for workers today and the future of the U.S. economy.
Since the coronavirus pandemic forced the U.S. economy into a tailspin, unemployment numbers have been rising to record heights. In Florida alone, nearly 600,000 people have applied for benefits since March 15, and the state is struggling to process the surge. Manuel Bojorquez speaks to one resident trying to apply despite the overwhelmed system making it difficult.
The government will release on Thursday the weekly number of newly jobless Americans. With crashing websites, jammed phone lines and long lines -- it means the struggle many face grows more desperate with each passing day. Manny Bojorquez reports.
The latest unemployment numbers show just how hard the coronavirus is hitting the economy. Over 6 million Americans filed for jobless benefits last week, at least 20 times what is normally seen. Food banks and other resources are being pushed to their limits by people in need, while President Trump maintains that the country is not slipping into a significant recession. Weijia Jiang reports from the White House, where messages on small business loans seem to conflict with some major banks.
More than 6.6 million Americans have filed for unemployment benefits last week, double the number of claims from the week before. Experts are saying next week's numbers could be worse. Mark Strassmann reports.
The House passed the $2 trillion coronavirus bill on Friday with bipartisan support, following a unanimous vote in the Senate. Hours later, President Trump signed it into law. Paula Reid reports.
A record number of Americans filed for unemployment last week as millions feel the economic impact of the coronavirus pandemic. Jericka Duncan speaks to a few of these everyday Americans who lost their jobs due to the pandemic, talking to them about how they their families, and their colleagues are dealing with financial struggles and the uncertainty of their own careers.
President Trump on Thursday confronted the historic rise in unemployment. His administration tried to downplay the historic surge. Paula Reid reports.
More than 3.3 million Americans filed for unemployment benefits in the past week. The House is expected to approve the $2 trillion lifeline to workers and businesses. Mark Strassmann reports.
More than 3 million U.S. workers filed for unemployment last week, making it the worst week for unemployment claims in over 50 years. Over half of all U.S. states have ordered nonessential businesses to close, putting millions more at risk of being laid off or not working enough hours to survive. Jill Schlesinger, who called the Senate's coronavirus stimulus bill aimed at easing the pandemic's economic blow a "lifeline" to these workers, joins "CBS This Morning" to put the numbers into context.
Nationally, unemployment claims are skyrocketing. The federal government is trying to put a band-aid on the financial bleeding, working to send out stimulus checks of $1,000 per adult and $500 per child. Kris Van Cleave reports.
America's unemployed are not going back to work until they feel safe and well compensated, according to a new article in the Washington Post. Heather Long, an economics correspondent and the author of the piece, joins CBSN to discuss how the pandemic is affecting the workforce.
Unemployment benefits are designed for workers who are separated from companies through no fault of their own.
Workers who have been terminated because they are unvaccinated likely won't qualify for unemployment benefits. State labor departments are rejecting applications as more companies shift toward vaccine mandates. CBS News MoneyWatch reporter Megan Cerullo wrote about this in a recent article. She joins CBSN's Lana Zak to explain the qualification process.
President Joe Biden is expected to sign a bill raising the debt limit through December 3, temporarily avoiding a financial catastrophe. CBS News chief White House correspondent Nancy Cordes joined CBSN to discuss the latest on the debt ceiling as well as the decrease in initial jobless claims and nationwide concern over inflation and supply chain issues.
More than 10,000 John Deere workers are on strike after contract negotiations broke down. Charlie De Mar has more.
Last week, 293,000 people filed for jobless aid, the lowest number since March 2020.
The Delta variant and a tight labor market held back job growth, with public school hiring lower than expected.
Documents and images show luxury purchases and wire transfers to China and East Africa.
House Speaker Mike Johnson told reporters he's satisfied with the intelligence and legality of the operation that killed two survivors of a U.S. strike on an alleged drug boat.
Heavy rain has triggered flooding, rescues and road closures in Washington state, with Gov. Bob Ferguson declaring a statewide emergency.
House Democrats pushed Homeland Security Secretary Kristi Noem for answers on the Trump administration's immigration operations, with one lawmaker confronting her with a veteran who he said had been issued a removal order.
President Trump has signed an executive order to block states from regulating artificial intelligence.
President Trump said he is granting a pardon to Tina Peters, a former Colorado county clerk who was convicted of allowing unauthorized access to voting machines — even though the pardon power is widely understood to only apply to federal crimes.
The CBS News town hall with Erika Kirk will air Saturday at 8 p.m. ET/PT on CBS.
A federal judge in Maryland on Thursday ordered Kilmar Abrego Garcia's immediate release from Immigration and Customs Enforcement custody.
Indiana state police said "numerous" state lawmakers had faced bomb threats and been the subject of swatting hoaxes amid the push for redistricting.
President Trump said he is granting a pardon to Tina Peters, a former Colorado county clerk who was convicted of allowing unauthorized access to voting machines — even though the pardon power is widely understood to only apply to federal crimes.
House Speaker Mike Johnson told reporters he's satisfied with the intelligence and legality of the operation that killed two survivors of a U.S. strike on an alleged drug boat.
The CBS News town hall with Erika Kirk will air Saturday at 8 p.m. ET/PT on CBS.
Treasury Secretary's proposal to revamp the Financial Stability Oversight Council would expose Americans to risk, critics say.
In early July, more than 130 people were killed in catastrophic flash flooding in the Texas Hill Country region, including 27 campers and counselors at Camp Mystic.
President Trump has signed an executive order to block states from regulating artificial intelligence.
Treasury Secretary's proposal to revamp the Financial Stability Oversight Council would expose Americans to risk, critics say.
The Trump administration says it's also creating a $5 million platinum card visa that will allow foreigners to live in the U.S. for 270 days a year.
The Consumer Product Safety Commission has lost key leadership and staff over the past year. Now two former commissioners removed by the Trump administration are raising concerns over safety risks.
President Trump says he's winning the war against inflation. But a look at prices around the U.S. shows why many Americans still feel financially squeezed.
President Trump has signed an executive order to block states from regulating artificial intelligence.
President Trump said he is granting a pardon to Tina Peters, a former Colorado county clerk who was convicted of allowing unauthorized access to voting machines — even though the pardon power is widely understood to only apply to federal crimes.
House Speaker Mike Johnson told reporters he's satisfied with the intelligence and legality of the operation that killed two survivors of a U.S. strike on an alleged drug boat.
Just how much power will the next governor have to repeal controversial California laws?
Treasury Secretary's proposal to revamp the Financial Stability Oversight Council would expose Americans to risk, critics say.
Health officials say an infant botulism outbreak tied to ByHeart baby formula has been expanded to include all illnesses reported since the company began production in 2022.
CBS News chief medical correspondent Dr. Jon LaPook speaks at length with former CDC director Dr. Rochelle Walensky about the hepatitis B vaccine and last week's vote by the CDC's vaccine advisory panel to change the recommendation for when children should get their first dose of the vaccine.
Genesis HealthCare's bankruptcy case in Dallas will allow the nursing home chain to avoid paying millions of dollars it promised for residents who were injured or died while in its care.
Mixed nuts from Ohio-based Mellace Family Brands sold at some Wegmans stores could be tainted with Salmonella, FDA warns.
The Centers for Disease Control and Prevention's vaccine advisory panel on Friday voted to not recommend the hepatitis B vaccine for everyone at birth, alarming many in the medical community. CBS News medical contributor Dr. Celine Gounder explains what to know about the decision and its potential impact.
Friday's 6.7 magnitude earthquake brought only small waves, but came just days after a larger temblor in the same region that left dozens injured.
The skydiver survived after sawing through the tangled lines with a hook knife and landing safely with only minor injuries.
The U.S. has imposed sanctions on three nephews of Venezuelan President Nicolás Maduro and half a dozen shipping vessels accused of transporting Venezuelan oil.
Two former MI6 officials detail their espionage concerns, as the U.K once again delays its final decision on a new Chinese embassy in London.
An American special forces veteran led the operation to get María Corina Machado out of Venezuela: "The first Nobel Prize winner that we've ever rescued."
Carl Erik Rinsch, a Hollywood director, has been convicted on charges that he scammed Netflix out of $11 million for a show that never materialized.
Taylor Swift appeared on "The Late Show with Stephen Colbert" on Wednesday while promoting her upcoming docuseries. She spoke about her life after the Eras Tour, her favorite songs from her catalogue and who she turns to for advice.
The iconic movie "Waiting to Exhale," starring Angela Bassett, Whitney Houston, Loretta Devine and Lela Rochon premiered 30 years ago this month. The film, which had an all Black cast and focused on female empowerment, was a box office hit. "CBS Mornings" co-host Gayle King spoke with the stars of the film about the movie and what Houston would think.
Singer-songwriter Sombr is up for Best New Artist of the Year at the Grammy Awards. He was the only writer on his debut album, "I Barely Know Her." He spoke to Anthony Mason about where his journey began and his whirlwind year.
Grammy-winning country music superstar Carly Pearce joins "CBS Mornings" to talk about her highly-anticipated fifth studio album, fans relating to the lyrics in her music and being vulnerable.
Time announced its highly anticipated "Person of the Year" cover on Thursday. This year, the magazine is recognizing the "architects of AI." Charlie Campbell, Time editor-at-large and one of the co-authors of the article, joins "The Daily Report" to explain the decision.
A new agreement between Disney and OpenAI will allow users to generate their own AI videos of iconic characters like Mickey Mouse, Elsa, Darth Vader and dozens more. Wired executive editor Brian Barrett joins to discuss.
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.
Time magazine has just announced its 2025 Person of the Year, recognizing not just one person, but a group its calling "the architects of AI." The digital article is out now.
Time magazine named "the architects of AI" its 2025 Person of the Year on Thursday, calling out tech industry leaders behind the rise in artificial intelligence.
Paleontologists have discovered and documented 16,600 footprints left by theropods, the dinosaur group that includes the Tyrannosaurus rex.
Samples collected from the asteroid Bennu are continuing the shed light on the origins of the solar system and how life developed on Earth, scientists say.
Kian Sadeghi, the 25-year-old founder and CEO at Nucleus Genomics, tells "CBS Mornings" that parents have every right to select the qualities and traits they desire in their child.
Ant colonies act as one "super-organism" which works to ensure the survival of all, according to a team of scientists.
The discovery could cast some doubt on the status of Lucy's species as the direct ancestor of Homo sapiens.
The number of people arrested yearly in the U.S. has dropped since the onset of the COVID-19 pandemic, according to analysis from the Council on Criminal Justice. CBS News' Anna Schecter has more.
Luigi Mangione was back in court for Day 6 of a crucial evidence hearing on Thursday. Lawyers for the man accused of gunning down UnitedHealthcare CEO Brian Thompson want to keep some key pieces of evidence out of his upcoming murder trial. CBS News legal reporter Katrina Kaufman has more.
Ex-University of Michigan football coach Sherrone Moore remains in jail Thursday, a day after he was fired by the school. The university said an investigation had found "credible evidence" he had been engaged in an "inappropriate relationship with a staff member." CBS News national correspondent Jericka Duncan reports.
The suspected gunman in the deadly Kentucky State University shooting has faced a judge in his first arraignment hearing since police caught him on Tuesday. CBS News correspondent Skyler Henry reports.
The man charged with Charlie Kirk's murder appeared in court on Thursday as his attorneys continue to push to restrict media access to the proceedings. CBS News justice correspondent Scott MacFarlane has more.
NASA has lost contact with a spacecraft that's been orbiting Mars for more than a decade.
The European Space Agency said that the black hole inside the spiral galaxy NGC 3783 has the mass of 30 million suns.
Russian Soyuz crews are now spending eight months aboard the space station instead of six to stretch supplies and lower costs.
Samples collected from the asteroid Bennu are continuing the shed light on the origins of the solar system and how life developed on Earth, scientists say.
The U.S. Air Force has approved SpaceX's plan to redevelop a historic launch pad at Cape Canaveral. CBS News correspondent Mark Strassmann reports.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
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.
A retrospective look at the actor, director, producer, and founder of the Sundance Institute.
A pint-sized politician proves you are never too little to run a big campaign. David Begnaud catches up with the Agars, a father-son duo making history by competing together in triathlons. Plus, more heartwarming stories.
The release of the files in the federal investigation into convicted sex offender Jeffrey Epstein is dividing President Trump's base. The Free Press' Olivia Reingold joins CBS News 24/7 to dive into the debate. The Free Press is a Paramount publication.
National parks across the U.S. must clear their gift shops of any items promoting diversity, equity and inclusion after a Trump administration order. CBS News correspondent Lana Zak has more.
A new report from the National Retail Federation shows that Gen Z shoppers make the most returns out of any generation, despite the environmental harm it can cause. Taylor Hoit, head of product and technology at the online marketplace Rebel, joins CBS News to discuss.
In at least 32 states, pet raccoons are illegal. That includes Kansas, where one man with a soft spot for the creatures is hoping to change that. Dave Malkoff reports.