6/25: Red and Blue
Pres. Trump campaigning in Wisconsin; Texas halts reopening amid surge in COVID19 cases
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Pres. Trump campaigning in Wisconsin; Texas halts reopening amid surge in COVID19 cases
Shakeups at Trump's reelection campaign; Twitter investigating massive hack on prominent accounts
More states are seeing record numbers of new coronavirus cases this week. Meanwhile, the number of unemployment claims continues to rise in America, and many of those receiving unemployment checks are saying that it is not enough. Carter Evans reports.
More than 1.5 million Americans filed for unemployment last week. CBS News business analyst Jill Schlesinger joins "CBS This Morning" to discuss what the latest numbers mean and what soaring retail sales could indicate for an economic recovery.
Another 1.5 million people applied for unemployment insurance in the latest Labor Department report, adding to the millions who have already made claims. Mark Strassmann take a look at the numbers and those affected most.
In a surprising turn, the economy added 2.5 million jobs in May, dropping the new unemployment rate to 13.3%. CBS News Business Analyst Jill Schlesinger joins "CBS This Morning" to discuss the reasons behind the unexpected positive data.
Another 2.1 million Americans filed for unemployment benefits in the past week. Many Americans are relying on those benefits, but some are still waiting for their first unemployment check. Mark Strassmann reports.
U.S. authorities are warning against an international crime ring stealing hundreds of millions of dollars in unemployment benefits intended for Americans who have lost their jobs during the pandemic. Jeff Pegues reports.
Florida’s unemployment insurance system is among the most troubled in the country — slow to process claims and challenging for claimants to navigate.
Millions of unemployed Americans are relying on their unemployment checks to pay their rent and to feed their family, but many are concerned about their finances when the unemployment checks stop in July. Mark Strassmann reports.
The Labor Department says 4.4 million Americans filed for unemployment, bringing the total number to roughly 26 million jobless claims in the last five weeks since the pandemic began. CBS News business analyst Jill Schlesinger breaks down the number and the pandemic's impact on the economy on "CBS This Morning."
Millions of Americans facing unemployment over pandemic lockdowns are also struggling with the loss of their health care. Many are choosing to abstain from needed medical procedures because they cannot afford them without insurance. Anna Werner explains what Americans looking for other ways to get insured can do and speaks to Senator Mark Warner about lawmakers' efforts to help.
Most American businesses are closed and 22 million people have filed for unemployment. Many wonder what the economy and workforce will look like when the country reopens. New York Times bestselling author Gretchen Rubin joins "CBS This morning" with some tips on how to invest in your professional future.
Many people who have never had to line up for food donations are finding themselves in long lines across the country. Mireya Villarreal reports.
America is falling behind on coronavirus testing, but New Jersey is the country's first to use a new saliva based kit that delivers results within 48 hours. Mola Lenghi has the latest.
President Trump released his new coronavirus guidelines to reopen the economy and tells governors to ease restrictions by the end of the month, but many states are taking their own actions. Ben Tracy reports.
Some 5.2 million Americans filed for unemployment last week, bringing the number of unemployed to 22 million. The looming recession is fueling calls to reopen the economy sooner rather than later. Mark Strassmann reports.
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.