More Americans apply for unemployment as layoffs remain high
Jobless claims rose for the second week in a row as the U.S. labor market struggles to shake off COVID-19.
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Jobless claims rose for the second week in a row as the U.S. labor market struggles to shake off COVID-19.
GOP frontrunner and business mogul Donald Trump talks with CBS' "Face the Nation" about the country's unemployment rate and how the rest of the world "takes advantage of the United States"
U.S. employers added a robust 916,000 jobs last month, while the nation's unemployment rate fell to 6%.
If you filed taxes before Congress passed a law that exempted unemployment benefits, the IRS will automatically refund the overpayment.
The U.S. unemployment rate fell to 5.5 percent after employers added 295,000 jobs in February. The news sent the markets down, as Wall Street worries the improving jobs picture will lead the Fed to raise interest rates. Anthony Mason reports.
Analysts expect the unemployment rate to fall in this months job report. And, major banks pass the Federal Reserve's annual stress test. Wendy Gillette reports on the day's top MoneyWatch headlines.
President Obama says his State of the Union address will focus on making sure every American shares in the country's economic resurgence.
As a grand jury considers whether to indict the police officer who shot unarmed teenager Michael Brown in Ferguson, Missouri, Brown's death has drawn intense scrutiny to the racial imbalances in the St. Louis suburb. Its mostly African-American community is struggling with high rates of unemployment and poverty. Omar Villafranca visited Ferguson for a closer look at the problems.
The police shooting of unarmed teenager Michael Brown in Ferguson, Missouri, has put the St. Louis suburb under a microscope. It's a community with enormous challenges, including a housing crisis that has thousands of homeowners struggling to hang on. Omar Villafranca reports.
President Obama says the economy is growing, but wages aren't keeping pace, urging Republicans to support a minimum wage hike.
Investors are watching to see if the markets make more gains after encouraging jobs numbers. Also, Marriott will pay $600,000 in fines for jamming the Wi-Fi at a conference in Nashville, Tennessee.
Economists expect the number of Americans on unemployment benefits to keep falling as the economy rebounds.
After a quarter center of the Atlantic City, New Jersey, boardwalk, the Showboat Casino closed its doors. And, with two more casinos closing in the coming weeks, what will become of the gambling city? Anne Marie-Green reports.
Furard Tate, chef and founder of Inspire BBQ, was forced out of his space in a gentrifying D.C. neighborhood, but his mission to help the community continues. CBS News' Jacqueline Alemany reports.
Job openings across the U.S. are at their highest level since 2001. CBS MoneyWatch contributor Anthony Mirhaydari says that should help lift workers' wages and speed the economic recovery.
CBS News contributor and analyst Mellody Hobson joins “CBS This Morning: Saturday” to discuss a week filled with good and bad news for the economy.
With hopes that the nation's economic recovery is entering a new phase, the big question among investors is whether consumers will boost their spending. There were signs that moods are improving. Jill Schlesinger has that and more in her look at the business week ahead.
President Obama praises Friday's unemployment report, which showed the U.S. economy adding 209,000 jobs in July, but says Congress could do more to help the economy.
Wall Street looking for a rebound as the Labor Department releases its unemployment report. Also, A new Gallup poll shows Americans are more unhappy with the economy than they have been in months. Wendy Gillette reports on the day's top MoneyWatch headlines.
The recession may have slowed somewhat, but millions of Americans find themselves in hock to creditors. Many Americans who suffered economic hardships, including unemployment, are finding it hard to chip away at their debt. Anthony Mason reports.
The Fed is widely expected to announce another cut to its bond-buying program to stimulate the economy. Jill Schlesinger has that and more in her look at the business week ahead.
When stock market trading resumes after the July Fourth holiday, the Dow Jones will open above 17,000 for the first time, thanks to a surge after a better-than-expected June jobs report. Max Wolff, chief economist at financial advisory firm Citizen.VC, talks to the "CBS This Morning" co-hosts about what the positive numbers mean.
With a surge in June hiring, the U.S. economy appears to be gaining momentum as nearly 1.4 million jobs have been created this year. The U.S. economy added 288,000 jobs for the month of June, dropping the unemployment rate to 6.2 percent. Anthony Mason reports.
President Obama marked the better-than-expected jobs report on Thursday by delivering an economic pep talk at a hub for technology startups in Washington, D.C.
The Dow Jones surged above 17,000 after a stronger-than-expected June jobs report that showed the economy gained more than 200,000 jobs for the fifth straight month. Margaret Brennan reports.
Survivors of an Iranian attack that killed six U.S. service members have disputed the Pentagon's description of events and said their unit in Kuwait was left dangerously exposed.
Brian Hooker exchanged Facebook messages with a friend, which CBS News exclusively reviewed, after his wife vanished in the Bahamas over the weekend.
Only about a dozen ships passed through the Strait of Hormuz in the first two days of the ceasefire, far below normal traffic levels before the war, data shows.
First lady Melania Trump delivered a televised statement denying a relationship with the late sex offender Jeffrey Epstein.
White House aides got an email last month telling them not to place bets on prediction markets with nonpublic information, multiple administration officials told CBS News.
A federal judge blocked a restrictive new Defense Dept. press policy instituted after previously he ruled Pentagon press restrictions issued last year were unlawful.
California's attorney general filed charges against 21 suspects, accusing the group of defrauding the state of $267 million. Arrests come after a CBS News investigation into hospice fraud.
A politically connected nonprofit animal shelter helped steer Bondi on DOJ's approach on animal cruelty crimes and their prosecution.
The president says the arch will commemorate the nation's 250th anniversary.
White House aides got an email last month telling them not to place bets on prediction markets with nonpublic information, multiple administration officials told CBS News.
A federal judge blocked a restrictive new Defense Dept. press policy instituted after previously he ruled Pentagon press restrictions issued last year were unlawful.
Despite problems during the unpiloted Artemis I reentry, the Artemis II crew is confident their heat shield will protect them during a fiery descent to Earth.
Brian Hooker exchanged Facebook messages with a friend, which CBS News exclusively reviewed, after his wife vanished in the Bahamas over the weekend.
A politically connected nonprofit animal shelter helped steer Bondi on DOJ's approach on animal cruelty crimes and their prosecution.
Few ships passed through the waterway Wednesday and Thursday despite a ceasefire agreement that was supposed to open the waterway key to transiting oil across the globe.
The average U.S. property tax bill rose 3.7% last year to $4,427, outpacing inflation even as the typical home lost value.
The NFL is being investigated for practices that allegedly harm consumers for licensing games to multiple platforms — paid streaming platforms, paid cable networks, and others, sources said.
The U.S. Postal Service, which lost $9 billion in 2025, recently warned that it could run out of money within 12 months.
Economic forecasts show that this week's March Consumer Price Index could show prices climbing at their fastest pace in nearly two years.
White House aides got an email last month telling them not to place bets on prediction markets with nonpublic information, multiple administration officials told CBS News.
A federal judge blocked a restrictive new Defense Dept. press policy instituted after previously he ruled Pentagon press restrictions issued last year were unlawful.
A politically connected nonprofit animal shelter helped steer Bondi on DOJ's approach on animal cruelty crimes and their prosecution.
The U.S. is convening hastily arranged diplomatic talks next week in Washington, D.C., aimed at crafting a ceasefire in Lebanon.
First lady Melania Trump delivered a televised statement denying a relationship with the late sex offender Jeffrey Epstein.
Some states already don't have enough staff to quickly process Medicaid applications and answer enrollees' phone calls. Researchers say they may not be prepared to handle new Medicaid work rules, predicting people will lose coverage as a result.
Two more drug-making giants, Abbvie and Genentech, will start selling popular medications on the White House's discounted pharmaceutical site as soon as Monday.
Behind some of the viral physiques lies a troubling trend: the use of a powerful drug never approved for humans.
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.
"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.
Few ships passed through the waterway Wednesday and Thursday despite a ceasefire agreement that was supposed to open the waterway key to transiting oil across the globe.
Brian Hooker exchanged Facebook messages with a friend, which CBS News exclusively reviewed, after his wife vanished in the Bahamas over the weekend.
Russia's President Vladimir Putin has declared a ceasefire in Ukraine over the Orthodox Easter.
The U.S. is convening hastily arranged diplomatic talks next week in Washington, D.C., aimed at crafting a ceasefire in Lebanon.
A man who stole a handbag containing a Faberge egg and watch worth at least $2.8 million from a London pub was jailed for more than two years.
K-pop supergroup BTS hit the stage on Thursday, kicking off their comeback world tour after a four-year hiatus. Nicole Fell, assistant editor at The Hollywood Reporter, joins "The Daily Report" to discuss.
Ryan Gosling's new movie, "Project Hail Mary," is raising questions about the future of the Sun. CBS News contributor Janna Levin joins with more details.
(Spoilers ahead) The latest castaway voted off "Survivor 50: In the Hands of the Fans" joins "CBS Mornings" to discuss being eliminated from the game, this season's challenges and being the first member of the jury.
The moon music tradition started more than 50 years ago, NASA said as it shared the Artemis II crew's playlist this week.
The rapper formerly known as Kanye West being denied entry into the U.K. has raised questions over the star's upcoming performance in Italy.
Anthropic announced its new AI model is too powerful for public release. Puck's Ian Krietzberg joins CBS News with more.
Researchers at Boston Consulting Group estimate that AI will "reshape" between 50-55% of U.S. jobs over the next three years. They note that while AI integration will likely change the nature of the work, it doesn't necessarily mean job losses in every case. CBS News MoneyWatch reporter Megan Cerullo has more.
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.
Anthropic says its newest AI model, Claude Mythos, is too powerful and dangerous to be released to the public. Tech journalist Jacob Ward joins CBS News to discuss.
Artificial intelligence is more likely to change the nature of work than to supplant masses of workers, according to researchers.
Colorado State University has released its annual Atlantic hurricane forecast, predicting 13 named storms and six hurricanes may develop during the 2026 season.
Scientists have found evidence that a 300-million-year-old sea creature previously thought to be the world's oldest octopus is actually a nautilus relative.
Last month was the hottest March on record for the Lower 48 states, by the most for any month ever, federal data shows. And a forecast El Niño could heat Earth even more.
The emperor penguin has been declared an endangered species as climate change pushes the icon of Antarctica a step closer to extinction, the global authority on threatened wildlife says.
The astronauts aboard Artemis II are the first humans to see some parts of the far side of the moon with the naked eye.
Police file charges against 21 suspects in what's described as a $267 million fraud case with zero legitimate patients. Adam Yamaguchi reports.
A man who stole a handbag containing a Faberge egg and watch worth at least $2.8 million from a London pub was jailed for more than two years.
Jasveen Sangha, the woman described as the "Ketamine Queen," was sentenced Wednesday to 15 years in federal prison for her role in the death of "Friends" co-star Matthew Perry. Carter Evans reports.
Brian Hooker has been arrested by the Royal Bahamas Police Force after his wife, Lynette Hooker, apparently fell overboard from their dinghy and was swept away by currents. Hooker's lawyer denies any wrongdoing. CBS News' Cristian Benavides reports.
Gerhardt Konig, the anesthesiologist accused of trying to kill his wife in Hawaii last year, was found guilty Wednesday of attempted manslaughter based upon extreme mental or emotional disturbance.
Despite problems during the unpiloted Artemis I reentry, the Artemis II crew is confident their heat shield will protect them during a fiery descent to Earth.
The moon music tradition started more than 50 years ago, NASA said as it shared the Artemis II crew's playlist this week.
With Artemis II astronauts closing out on-board tests, flight controllers are prepping for reentry and splashdown Friday.
The astronauts aboard Artemis II are the first humans to see some parts of the far side of the moon with the naked eye.
The Artemis II crew flew farther from Earth than any humans in history as they passed over the far side of the moon on Monday night.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
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.
President Trump says he asked Netanyahu to scale back Lebanon strikes; Melania Trump makes a rare statement denying relationship with Jeffrey Epstein.
The Artemis II mission is scheduled to splashdown near San Diego Friday evening. CBS News reporter Jared Ochacher has more.
U.S. service members spoke to CBS News' Jonah Kaplan about the deadly Iranian drone strike in Kuwait and recalled the moment an explosion hit the unit. The survivors described the heroism after the war's deadliest strike against the U.S. and disputed the Pentagon's description of the events.
K-pop supergroup BTS hit the stage on Thursday, kicking off their comeback world tour after a four-year hiatus. Nicole Fell, assistant editor at The Hollywood Reporter, joins "The Daily Report" to discuss.
Democratic lawmakers are hoping to court Black voters this week at Reverend Al Sharpton's National Action Network Convention in New York. CBS News' Fin Gómez has more.