U.S. jobs report shows rise in unemployment
New government data shows the unemployment rate rose slightly to 4.6% in November. That marks its highest level since September 2021. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Unemployment
How jobs data impacts interest rate decision
The U.S. Bureau of Labor Statistics released last month's jobs report on Tuesday, which showed that 64,000 jobs were added in November after losing 105,000 in October. CBS News MoneyWatch correspondent breaks down how unemployment data could impact the Fed's next interest rate decision
Employers added 64,000 jobs in November
U.S. employers added 64,000 jobs in November, beating economists' forecasts, a new jobs report shows. But the unemployment rate in November jumped to 4.6%, the highest level since September 2021. Kelly O'Grady breaks down the numbers.
What are the prospects for laid-off workers?
In 2025, more than 1.1 million Americans were laid off from their jobs, the most since the COVID pandemic, even as corporate profits remain high. Business experts discuss the reasons why companies resort to layoffs.
What are the prospects for laid-off workers?
In 2025, more than 1.1 million Americans were laid off from their jobs, the most since the 2020 COVID pandemic. The layoffs were in numerous industries, by companies of all sizes, even as corporate profits remain high. Elaine Quijano talks with business experts who discuss why companies resort to layoffs and the psychological damage caused by firings, and why artificial intelligence is not filling those jobs – yet.
For Gen Zers, finding work after college is often a painful slog
"It's very discouraging," said one young job-seeker as employers pull back on hiring entry-level workers.
Why won't there be an October jobs report?
The Labor Department released a September jobs report this week that beat expectations, but the department also said it won't release an October jobs report due to the government shutdown. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Stock market closes day in the red
The U.S. jobs report for September, delayed due to the government shutdown, was released on Thursday. It found that employers added 119,000 jobs in September, more than twice what economists predicted. Despite that, the Dow Jones finished the day in the red. CBS News MoneyWatch correspondent Kelly O'Grady breaks it down.
Nvidia's Q3 earnings higher than expected
Nvidia's latest earnings report came in Wednesday, and its results were higher than Wall Street expected. CBS News MoneyWatch correspondent Kelly O'Grady breaks down the numbers.
Tech expert warns about impact of AI
Dario Amodei, the CEO of artificial intelligence safety and research company Anthropic, spoke with "60 Minutes" about the potential dangers of AI, including a potential spike in unemployment by up to 20 percent over the next five years. Contributor Chris Krebs joins CBS News with more.
Growing number of Americans facing prospect of long-term unemployment
According to Labor Department data, in August, nearly 2 million people in the U.S. faced long-term unemployment, defined as being out of work for at least 27 weeks.
Woman says search for work "impossibly difficult"
Emily Groveman left her last job in 2023 and hasn't been able to find another one since. She's tried everything, she says, from reaching out to her network of friends, to working with a recruiter, to posting resume reels on LinkedIn. As Jericka Duncan reports, she's not alone.
7 federal agencies see layoffs amid shutdown
The Trump administration has issued layoff notices to more than 4,000 federal workers as the government shutdown enters its 13th day. CBS News congressional correspondent Caitlin Huey-Burns has the latest.
Data: 32,000 private jobs lost in September
The Labor Department was scheduled to release its weekly jobless claims on Thursday, but the agency withheld that report because of the government shutdown. Despite that, the ADP National Employment Report, which looks at the private sector in the U.S., is offering a different glimpse into the job market. CBS News MoneyWatch correspondent Kelly O'Grady breaks down the findings.
Why are so many Black women losing their jobs? Expert blames 3 factors
An expert points to three main factors and explains why the Black women unemployment rate is a warning sign.
Furloughed federal worker discusses shutdown
Federal workers are already feeling the uncertainty of the government shutdown. FDA Microbiologist Stephanie Rogers, a single mother of two who was furloughed Wednesday morning, joins "The Takeout" to share her concerns.
The U.S. has lost thousands of manufacturing jobs this year, analysis finds
Uncertainty over U.S. tariffs and other Trump administration economic policies are deterring manufacturers from hiring, according to the Center for American Progress.
How significant is the Fed's latest rate cut?
The Federal Reserve cut rates for the first time in nine months Wednesday by a quarter point. The decision came as recent employment data showed the U.S. job market might be losing steam. Fed Chair Jerome Powell said there could be even more rate cuts coming later this year. CBS News senior business and technology correspondent Jo Ling Kent reports.
Why signs are pointing to a Fed rate cut
A Federal Reserve decision on U.S. interest rates is set to come on Wednesday afternoon. Officials are largely expected to lower rates for the first time in 2025. CBS News MoneyWatch correspondent Kelly O'Grady explains why.
Breaking down the latest inflation numbers
New data from the Labor Department shows that inflation ticked up last month with the consumer price index rising by nearly 3% in August compared to the year before. CBS News MoneyWatch correspondent Kelly O'Grady reports.
How AI is affecting early-career workers
The unemployment rate for 20 to 24 year olds is more than 9% — double the national average. New research shows artificial intelligence is making it even harder to land a first job. Bharat Chander, researcher at the Stanford Digital Economy Lab, joins to discuss.
Will Fed cut interest rates by half a point?
Revised data from the Bureau of Labor Statistics showed the U.S. economy added nearly a million fewer jobs for the 12 months that ended this past March than previously reported. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Former CBO director slams Trump's economy
The Bureau of Labor Statistics on Tuesday said the U.S. added 911,000 fewer jobs than previously reported in the 12-month period ending in March 2025. Douglas Holtz-Eakin, former director of the Congressional Budget Office, joins "The Takeout" to discuss the state of the U.S. economy.
What do major job revisions say about economy?
The U.S. labor market added 911,000 fewer jobs in the past year than earlier reported, the Bureau of Labor Statistics announced on Tuesday. CBS News MoneyWatch correspondent Kelly O'Grady has the details. Then, Douglas Holtz-Eakin, former chief economic adviser for the George W. Bush administration and former director of the Congressional Budget Office, joins with analysis.
Analyzing August's weak jobs report
The recent lackluster jobs report showed a cooling U.S. labor market with only 22,000 jobs added in August. CBS News MoneyWatch correspondent Kelly O'Grady has more on how it could impact the Federal Reserve's next interest rate decision.
First on CBS
U.S. launches largest-ever effort to denaturalize citizens accused of fraud
The Trump administration on Monday announced it is seeking to revoke the citizenship of 17 U.S. citizens accused of immigration fraud.
Live
Iran and Israel say attacks halted after Trump tells both to "stop 'shooting'"
Iran and Israel declare a halt to fighting as President Trump says both are seeking an "immediate ceasefire" after a major escalation in the 101-day war.
How an experimental weight-loss drug is being openly promoted by physicians
Doctors are jumping the gun to prescribe a medication lacking FDA approval that has gone viral on social media. "Why are we waiting?" one physician asked.
U.S. bars entry of FIFA World Cup referee from Somalia
Federal immigration authorities barred a Somali soccer referee who was slated to officiate the FIFA World Cup from entering the U.S. over the weekend, citing "vetting concerns."
Raman defeats Pratt to face Bass in L.A. mayoral election, CBS News projects
CBS News projects that incumbent Los Angeles Mayor Karen Bass will face off against Nithya Raman in November's runoff election.
Judge voids Trump's $100,000 fee for new H-1B visas
U.S. District Judge Leo Sorokin ruled in favor of a group of 20 states that challenged President Trump's new $100,000 visa fee.
Pentagon updates religious codes after criticism from Mormons
On Friday, the Pentagon cut the number of religious affiliation codes from over 200 to 31 to help military chaplains streamline religious support services.
Russia bans Bill Browder's teen son after he exposes alleged crypto scheme
Russia sanctioned Alexander Browder, son of financier-turned-activist Bill Browder, after he unveiled an alleged cryptocurrency money laundering network.
South Florida reports feeling shaking from earthquake off coast of Cuba
An earthquake off Cuba was felt across parts of Florida, but Miami officials reported no major injuries, significant damage or tsunami threat.
U.S.
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U.S. bars entry of FIFA World Cup referee from Somalia
Federal immigration authorities barred a Somali soccer referee who was slated to officiate the FIFA World Cup from entering the U.S. over the weekend, citing "vetting concerns."
Former NY Knick, NJ Sen. Bill Bradley says Trump "second fiddle" at Game 3
"The people are there to see these two teams play," Bill Bradley said of President Trump's plan to attend Game 3 of the NBA Finals on Monday night.
OpenAI says it filed confidential IPO as it positions itself for AI arms race
Going public will allow OpenAI, valued at $852 billion, to inject more cash into its business as the AI race quickens.
How to buy SpaceX shares as its blockbuster IPO readies for liftoff
SpaceX is setting aside a large chunk of shares for ordinary investors as it seeks to raise a record $75 billion. Here's what to know.
Can an AI agent cover for you while you're at the beach?
"AI can make everything that was on my plate visible to colleagues while I'm gone," one expert said.
MoneyWatch
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OpenAI says it filed confidential IPO as it positions itself for AI arms race
Going public will allow OpenAI, valued at $852 billion, to inject more cash into its business as the AI race quickens.
How to buy SpaceX shares as its blockbuster IPO readies for liftoff
SpaceX is setting aside a large chunk of shares for ordinary investors as it seeks to raise a record $75 billion. Here's what to know.
Can an AI agent cover for you while you're at the beach?
"AI can make everything that was on my plate visible to colleagues while I'm gone," one expert said.
Nearly half of Americans say they're worse off financially than a year ago
New York Fed survey shows growing concern about household finances and the job market, even as the job market remains solid.
Working remotely can hurt people's mental health, research finds
Although working remotely offers flexibility, it also takes a toll on people's mental health, experts said.
Politics
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President Trump booed by MSG crowd prior to Game 3 of NBA Finals
Donald Trump was booed loudly by fans inside Madison Square Garden when he was shown on video screens during the national anthem prior to Game 3 of the NBA Finals on Monday.
Raman defeats Pratt to face Bass in LA mayoral election, CBS News projects
CBS News projects that incumbent Los Angeles Mayor Karen Bass will face off against Nithya Raman in November's runoff election.
U.S. bars entry of FIFA World Cup referee from Somalia
Federal immigration authorities barred a Somali soccer referee who was slated to officiate the FIFA World Cup from entering the U.S. over the weekend, citing "vetting concerns."
Former NY Knick, NJ Sen. Bill Bradley says Trump "second fiddle" at Game 3
"The people are there to see these two teams play," Bill Bradley said of President Trump's plan to attend Game 3 of the NBA Finals on Monday night.
Trump formally nominates Todd Blanche as attorney general
Currently acting attorney general, Todd Blanche may face an uphill confirmation battle from some wary Republican senators.
HealthWatch
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HealthWatch
Safety concerns over weight loss drug
There's a new safety concern about doctors prescribing one experimental weight loss treatment, retatrutide, that hasn't even been FDA approved yet. Adam Yamaguchi reports.
How an experimental weight-loss drug is being openly promoted by physicians
Doctors are jumping the gun to prescribe a medication lacking FDA approval that has gone viral on social media. "Why are we waiting?" one physician asked.
The promises and pitfalls of GLP-1 drugs
Approved 20 years ago as a diabetes treatment, GLP-1 drugs have been found to help patients reduce weight, changing the lives of more than 30 million people in the U.S. But there also have been troubling side effects reported.
The promises and pitfalls of GLP-1 drugs
Approved 20 years ago as a treatment for diabetes, GLP-1 drugs have been found also to help patients significantly reduce weight. More than 30 million people in the U.S. have had their lives changed by GLP-1 medications. But there have also been troubling side effects reported. Correspondent Tracy Smith talks with experts who say the drugs might prove useful in treating other diseases associated with obesity (including cancer); and with patients who have taken GLP-1 drugs and experienced widely varying reactions.
A breakthrough for Type 1 diabetes treatment
A medical breakthrough is showing promise for millions of Americans with Type 1 diabetes. It's an alternative to taking insulin without the injections. Mark Strassmann has more details.
World
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Great white shark captured on video in Mediterranean in rare sighting
Great white sharks are classified as "critically endangered" in the Mediterranean Sea, and underwater sightings are incredibly rare.
Russia bans Bill Browder's teen son after he exposes alleged crypto scheme
Russia sanctioned Alexander Browder, son of financier-turned-activist Bill Browder, after he unveiled an alleged cryptocurrency money laundering network.
Pope Leo denounces what he calls "scourge" of sexual abuse by Catholic clergy
Pope Leo XIV denounced the "scourge" of sexual violence by Catholic clergy and called for a "culture of care" in the Church ahead of an expected private meeting with victims in Spain.
Live
Iran and Israel say attacks halted after Trump tells both to "stop 'shooting'"
Iran and Israel declare a halt to fighting as President Trump says both are seeking an "immediate ceasefire" after a major escalation in the 101-day war.
Latvia says drone shot down as "result of Russian electronic warfare"
A series of drone incursions into countries neighboring Ukraine and Russia is fueling concern that their four-and-a-half year war could spread.
Entertainment
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Entertainment
Expert on UAPs, Spielberg's "Disclosure Day"
Garry Nolan, a professor of pathology at Stanford University School of Medicine and the executive director of the board for The Sol Foundation, joins CBS News 24/7 to discuss Steven Spielberg's new movie, "Disclosure Day," and its exploration of the existence of aliens on Earth.
Biggest winners from the 79th Tony Awards
CBS News New York's Dave Carlin breaks down the biggest wins and performances from the 79th Tony Awards.
Steven Spielberg talks "Disclosure Day"
Oscar-winning director Steven Spielberg talks to CBS News about his 34th feature film, "Disclosure Day," which explores what would happen if all of the evidence about UFOs and alien life was released to the entire world and proved we are not alone. He also discusses his opinion on aliens, saying they "have been here and they are here."
Highlights from the Tony Awards
At Broadway's biggest night, "Schmigadoon!" took home the award for best musical. Meanwhile, "Arthur Miller's 'Death of a Salesman'" won six Tony Awards, the most of the night. Jamie Wax has more on the winners and top moments.
Tony Awards honor "Schmigadoon!" and more. See the full winners list.
"Schmigadoon!" — which was tied for the most nominations, with 12 — won Best Musical, and "Liberation" took home the honor of Best Play at the 2026 Tony Awards.
Technology
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How to buy SpaceX shares as its blockbuster IPO readies for liftoff
SpaceX is setting aside a large chunk of shares for ordinary investors as it seeks to raise a record $75 billion. Here's what to know.
Can an AI agent cover for you while you're at the beach?
"AI can make everything that was on my plate visible to colleagues while I'm gone," one expert said.
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.
Tackling job search struggles
LinkedIn's latest workforce report found hiring rates are nearly 5% lower than a year ago. Catherine Fisher, a LinkedIn career expert, explains how job applicants can break through the market, using AI when applying and more.
Prediction markets have become a draw for young men. Here's why
Prediction markets have become a draw for young men in search of quick cash and thrills, experts say. "I had almost $4,600 at one point but squandered that," one man said.
Science
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Great white shark captured on video in Mediterranean in rare sighting
Great white sharks are classified as "critically endangered" in the Mediterranean Sea, and underwater sightings are incredibly rare.
El Niño could bring more widespread coral bleaching, NOAA warns
The expected arrival of El Niño this summer could trigger another mass coral bleaching event, which would be the fifth on record, researchers said.
Scientists find yeast in frozen mummy's guts, use it to make bread
More than 5,300 years ago, Oetzi the Iceman was strolling through the Alps on the border of Austria and Italy when he was killed by an arrow in the back.
Meteor lights up southern Michigan
Days after a meteor exploded over New England, another fireball was spotted, visible in the Midwest to the Northeast. Rob Marciano has more.
Ancient coin, mysterious markings found under Notre Dame cathedral
A team of archaeologists at the iconic cathedral is digging straight down and back in time, to Roman Paris 2,000 years ago.
Crime
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Crime
Court appearance for fake boarding pass suspect
A man appeared in a Houston courtroom Monday after he was removed from a United Airlines flight last month for allegedly getting on the plane with a fake boarding pass. Jason Allen reports.
Chaos after mass shooting at Ohio festival
At least 12 people were injured during a mass shooting at the Old West End Festival in Toledo, Ohio, officials say. CBS News' Jonah Kaplan reports.
12 hurt in "gunfight" at Ohio festival, police say
Twelve people were injured, two of them critically, in what police are calling a "gunfight" that broke out at the Old West End Festival in Toledo, Ohio, on Saturday. Jonah Kaplan reports.
5 people stabbed at Penn Station, Amtrak police say
Six people, including the suspect, were taken to the hospital after a stabbing incident at New York City's Penn Station on Sunday evening.
The Plot to Eliminate Alyssa Burkett
A toxic couple orchestrates an elaborate plan to kill a mother. "48 Hours" correspondent Peter Van Sant reports.
Space
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Space station crew briefly moves to "safe haven" amid concerns over leaks
Out of an abundance of caution, NASA briefly directed five of the seven crew members aboard the International Space Station to wait inside the docked SpaceX Crew Dragon "Freedom" spacecraft.
Sun erupts with 3 solar flares, raising chances of northern lights for U.S.
Three solar flares burst from the sun this week, raising the chances of seeing the northern lights for people across the United States.
NASA reluctantly gives up on lost orbiter: "Best Mars mission ever"
NASA officials said the $582 million MAVEN orbiter could not be recovered after a problem on the far side of Mars late last year, and that its extraordinarily successful mission was at an end.
Blue Origin vows to resume New Glenn launches despite explosion
Damage to Blue Origin's lone launch pad in the wake of last week's spectacular explosion was not as severe as initially feared, the company said.
NASA taps 2 companies to develop buggies for its moon base program
The FLEX Rover will be equipped to carry two astronauts and traverse hundreds of miles of lunar terrain.
Latest Galleries
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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.
Summer music highlights of 2026
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.
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?
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
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Latest CBS News Videos
Francesca Hong on her run for Wisconsin governor
Wisconsin state representative and self-described democratic socialist Francesca Hong launched what many would consider a long-shot candidacy for Wisconsin governor last year. But early polls show her as one of the frontrunners ahead of the Democratic primary on August 11. Hong joined CBS News to discuss her campaign.
Apple unveils new child safety features
Apple unveiled new child safety features for its devices at its annual Worldwide Developers Conference in Cupertino, California, Monday. CBS News senior business and tech correspondent Jo Ling Kent has more.
Latest details on Trump denaturalization effort
The Trump administration says it is moving forward with what it calls the largest-ever effort to use its power to revoke U.S. citizenship. CBS News immigration correspondent Camilo Montoya-Galvez has more.
6/8: The Takeout with Major Garrett
Iran and Israel say they've halted military operations after weekend flare-up; Trump attends NBA Finals game at Madison Square Garden.
6/8: CBS Evening News
Millions in central U.S. facing severe weather threats after weekend of storms; Inside Trump's visit to the NBA Finals.