Unemployed people who overpaid taxes to get refunds in May
If you filed taxes before Congress passed a law that exempted unemployment benefits, the IRS will automatically refund the overpayment.
Unemployment
The U.S. unemployment rate fell to 5.5 percent after employers added 295,000 jobs in February
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
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.
The president says his speech will focus on making sure every American shares in the country's economic resurgence
President Obama says his State of the Union address will focus on making sure every American shares in the country's economic resurgence.
Ferguson struggles to keep up with high rates of poverty and unemployment
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
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
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
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.
Jobless claims fall to their lowest level since pandemic
Economists expect the number of Americans on unemployment benefits to keep falling as the economy rebounds.
Within weeks, three casinos will close, leaving thousands out of work and a city with an uncertain future
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.
Tate, founder of Inspire BBQ, was forced out of his space in a gentrifying D.C. neighborhood, but his mission to help the community continues
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
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
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
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
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.
Wendy Gillette reports on the day's top MoneyWatch headlines.
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
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
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.
Max Wolff, chief economist at financial advisory firm Citizen.VC, talks to the "CBS This Morning" co-hosts about what the positive numbers mean
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
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.
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
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.
U.S. unemployment numbers are being released a day early due to the July 4th holiday. Plus, Target is asking customers to not bring guns in their stores
U.S. unemployment numbers are being released a day early due to the July 4th holiday. Plus, Target is asking customers to not bring guns in their stores. Jill Wagner reports on the day's top MoneyWatch headlines.
After a weaker-than-expected report on housing starts and a slump in mortgage activity, investors are awaiting data on new and existing home sales activity as well as prices
After a weaker-than-expected report on housing starts and a slump in mortgage activity, investors are awaiting data on new and existing home sales activity as well as prices. While the housing market has slowed notably in the first half of the year, many economists believe that it should recover from its current soft patch in the second half of the year and beyond. Jill Schlesinger has that story and more in her look at the business week ahead.
The government says the unemployment rate fell in 20 states in May while nearly three-quarters of states added jobs
The government says the unemployment rate fell in 20 states in May while nearly three-quarters of states added jobs. The biggest unemployment rate drops were in Illinois and Massachusetts. Rhode Island has the nation's highest unemployment rate. Jericka Duncan has that story and more MoneyWatch headlines.
Live
Israel targets more Iran leaders as allies reject Trump's calls for help
Israel says it killed Iran's top security official Ali Larijani, as America's European allies reject Trump's demands for help in the Strait of Hormuz.
Exclusive
Trump hosting big White House event around EPA's biofuels mandates decision
President Trump has invited farmers and biofuels producers to the White House for an event next week as the industry awaits the government's announcement on mandates for the fuel additives.
Kouri Richins, mom who wrote grief book, found guilty of murdering her husband
Jurors delivered their verdict Monday in the trial of Kouri Richins, a Utah mother accused of murdering her husband and later publishing a children's book about grief.
Judge blocks parts of RFK Jr.'s vaccine agenda, including revised schedule
A judge blocked a set of changes to the childhood vaccine schedule recommended by allies of Health and Human Services Secretary Robert F. Kennedy, dealing a setback to the Trump administration's efforts to overhaul federal vaccine policy.
Maine Democratic Senate primary grows bitter as party vies to unseat Susan Collins
A bitter Democratic primary is unfolding in Maine as Gov. Janet Mills and Graham Platner battle for the chance to challenge GOP Sen. Susan Collins — pitting a governor with a long political resume against an anti-establishment oyster farmer.
Alleged pipe bomber argues charges should be tossed under Jan. 6 pardons
A man who was accused of planting pipe bombs outside the RNC and DNC on the eve of the Jan. 6 attack is arguing he is covered by President Trump's sweeping pardons of alleged Jan. 6 rioters.
Ex-wife told 911 the Michigan synagogue attacker was "not stable" before incident
A person believed to be the ex-wife of the suspect in the attack at Michigan's Temple Israel told authorities that the suspect was "not stable" ahead of the attack, according to a 911 call obtained by CBS News Detroit.
Illinois Senate primary race is test of Pritzker's sway, Democrats' views of ICE, outside spending
The 2026 Democratic primary campaign for retiring Sen. Dick Durbin's Senate seat is largely a three-person race. Voters go to the polls Tuesday in Illinois.
Cuba plans to open up to investment from nationals in U.S. amid pressure from Trump
The Cuban government is planning to allow Cuban nationals who live abroad to invest in the island, a government official told NBC News, as the country faces economic collapse and pressure from the Trump administration.
U.S.
More U.S.
Blizzards, severe storms, heat wave hit U.S. with array of extreme weather
From a surprising heatwave in California to blizzards burying parts of the Midwest and storms rolling over the East Coast, chaotic weather put more than half the nation's population in the path of extreme conditions.
Illinois Senate primary race is test of Pritzker's sway, Democrats' views of ICE, outside spending
The 2026 Democratic primary campaign for retiring Sen. Dick Durbin's Senate seat is largely a three-person race. Voters go to the polls Tuesday in Illinois.
Alleged pipe bomber argues charges should be tossed under Jan. 6 pardons
A man who was accused of planting pipe bombs outside the RNC and DNC on the eve of the Jan. 6 attack is arguing he is covered by President Trump's sweeping pardons of alleged Jan. 6 rioters.
Kouri Richins, mom who wrote grief book, found guilty of murdering her husband
Jurors delivered their verdict Monday in the trial of Kouri Richins, a Utah mother accused of murdering her husband and later publishing a children's book about grief.
Kennedy Center votes to shut down ahead of Trump-backed renovation project
The Kennedy Center's board of directors has voted to shut down operations for two years following this summer's July 4 celebrations.
MoneyWatch
More MoneyWatch
Costco recalls meatloaf meal due to salmonella risk
Costco is recalling a meatloaf and potato meal kit because one of its ingredients may be contaminated with salmonella.
Hyundai stops sales of some 2026 models after a child's death
Hyundai's announcement came after a child died in an incident involving a Palisade vehicle, which the car maker said is still under investigation.
With gas prices still rising, experts recommend 3 ways to save fuel
Small adjustments, like maintaining a steady speed while driving, can help maximize fuel efficiency, experts say.
Gas prices edge higher with Brent crude remaining above $100 per barrel
Gas prices have jumped almost 79 cents per gallon from a month ago, raising fresh inflation concerns.
The Iran war is making it harder for Fed officials to cut interest rates
Some economists think the Fed, facing inflationary pressures from rising energy prices, may not cut interest rates at all this year.
Politics
More Politics
Exclusive
Trump hosting big White House event around EPA's biofuels mandates decision
President Trump has invited farmers and biofuels producers to the White House for an event next week as the industry awaits the government's announcement on mandates for the fuel additives.
Maine Democratic Senate primary grows bitter as party vies to unseat Susan Collins
A bitter Democratic primary is unfolding in Maine as Gov. Janet Mills and Graham Platner battle for the chance to challenge GOP Sen. Susan Collins — pitting a governor with a long political resume against an anti-establishment oyster farmer.
Illinois Senate primary race is test of Pritzker's sway, Democrats' views of ICE, outside spending
The 2026 Democratic primary campaign for retiring Sen. Dick Durbin's Senate seat is largely a three-person race. Voters go to the polls Tuesday in Illinois.
Alleged pipe bomber argues charges should be tossed under Jan. 6 pardons
A man who was accused of planting pipe bombs outside the RNC and DNC on the eve of the Jan. 6 attack is arguing he is covered by President Trump's sweeping pardons of alleged Jan. 6 rioters.
Kennedy Center votes to shut down ahead of Trump-backed renovation project
The Kennedy Center's board of directors has voted to shut down operations for two years following this summer's July 4 celebrations.
HealthWatch
More HealthWatch
Judge blocks parts of RFK Jr.'s vaccine agenda, including revised schedule
A judge blocked a set of changes to the childhood vaccine schedule recommended by allies of Health and Human Services Secretary Robert F. Kennedy, dealing a setback to the Trump administration's efforts to overhaul federal vaccine policy.
Changes in organ donor status can fall through cracks in the system
Patchwork state policies and limited federal oversight have led to a fragmented system for tracking organ donor status.
A dad's colon cancer spread to lungs. He says what happened next was a miracle.
Spencer Laird was diagnosed with colon cancer at 26. At 30, he was told it had returned and spread to his lungs, with one tumor the size of a golf ball.
Dr. Oz pledges to tackle hospice fraud: "Do not steal from the American people"
The Trump administration's Medicare boss reacts to CBS News investigation into California's hospice fraud problems.
Millions of Americans skip meals, stretch medication to afford health care
Even people with six-figure incomes are making financial sacrifices to pay for medical care, a new study finds.
World
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Accused Latin American drug lord arrives in U.S. after years on the run
Sebastian Marset, who eluded police for years, was captured in Bolivia last week and transferred to U.S. custody.
Live
Israel targets more Iran leaders as allies reject Trump's calls for help
Israel says it killed Iran's top security official Ali Larijani, as America's European allies reject Trump's demands for help in the Strait of Hormuz.
At least 23 dead in suspected suicide bombings in Nigeria, police say
At least 23 people were killed and more than 100 wounded in suspected suicide bombings in Maiduguri, Nigeria, police said. It was one of the deadliest attacks in the conflict-battered city in recent history.
Pakistani strike hits rehab hospital in Afghanistan, Taliban says
The Taliban in Afghanistan claim that a Pakistani military airstrike on a drug rehabilitation hospital in Kabul has killed over 400 people, but Pakistan alleges the site was a weapons depot.
Trump requests delay of China trip because of Iran war
President Trump was planning to visit China at the end of March.
Entertainment
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Kennedy Center votes to shut down ahead of Trump-backed renovation project
The Kennedy Center's board of directors has voted to shut down operations for two years following this summer's July 4 celebrations.
Stars walk Vanity Fair Oscar Party red carpet
Oscar winners Jessie Buckley, Michael B. Jordan and other celebrities appeared on the red carpet for the Vanity Fair party after the awards show. See some of the red carpet looks.
Did "Sinners" get snubbed at the Oscars?
The 2026 Academy Awards were held in Los Angeles on Sunday. Entertainment Tonight host Kevin Frazier breaks down the winners and the biggest upsets.
Oscars 2026 best dressed
CBS News contributor Lauren Sherman breaks down some of the best looks from the 2026 Oscars, where looks from Chanel and Dior dominated the red carpet.
Lizzo announces children's book
Grammy award-winner Lizzo exclusively announced on "CBS Mornings" her latest project, a children's book called "Little Lizzo Meets Sasha B. Flute." She spoke with Gayle King about her inspiration for the book and message for young readers.
Technology
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Technology
U.S. hospitals, insurers turn to AI for claims
A constant battle in the U.S. health care system is the fight between insurers and providers over the cost of medical procedures and who foots the bill. Both sides are turning to artificial intelligence to make their case. CBS News medical contributor Dr. Céline Gounder explains.
Solar farm development faces pushback
A community in Alabama is pushing back against a solar farm that would power an artificial intelligence data center in the state. CBS News reporter Kati Weis has more.
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.
Jury deliberates in social media trial
Jury deliberations are underway in a landmark social media trial about addiction claims. CBS News correspondent Carter Evans has the details.
3 teens took part in a weeklong experiment to curb screen time. It worked.
For one week, three New Jersey high schoolers agreed not to take their phones to bed, and to try different tools to reduce screen time.
Science
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Discovery of 1949 whale recording could unlock mysteries of ocean
The song is that of a humpback whale and was recorded by scientists in March 1949 in Bermuda, researchers said.
Sea levels higher than thought due to "methodological blind spot," study says
A new study in the journal Nature says most sea level rise research may have underestimated coastal water heights by an average of 1 foot.
NASA announces major overhaul of Artemis moon program "to take down risk"
NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
What scientists will be looking for when government UFO files are released
Documents might help scientists shed light on unexplained phenomena and government secrets, experts said.
In a first, shark seen on camera in Antarctica waters, surprising researchers
A large shark was caught on camera for the first time in Antarctica's waters, surprising researchers. "There's a general rule of thumb that you don't get sharks in Antarctica," one said.
Crime
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Accused Latin American drug lord arrives in U.S. after years on the run
Sebastian Marset, who eluded police for years, was captured in Bolivia last week and transferred to U.S. custody.
Alleged pipe bomber argues charges should be tossed under Jan. 6 pardons
A man who was accused of planting pipe bombs outside the RNC and DNC on the eve of the Jan. 6 attack is arguing he is covered by President Trump's sweeping pardons of alleged Jan. 6 rioters.
Kouri Richins convicted of murdering husband
A jury on Monday found Kouri Richins, a Utah mom who wrote about grief, guilty of murder in the fatal poisoning of her husband. CBS News reporter Andres Gutierrez has more.
Kouri Richins, mom who wrote grief book, found guilty of murdering her husband
Jurors delivered their verdict Monday in the trial of Kouri Richins, a Utah mother accused of murdering her husband and later publishing a children's book about grief.
Suspect in California teen's 2019 disappearance rearrested, indicted in her killing
Authorities have made an arrest in the cold case disappearance of California teenager Victoria Marquina.
Space
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Space
Bill Nye on going from Boeing to science guy
Bill Nye the Science Guy sits down with CBS News chief Washington correspondent Major Garrett to talk about his life and career.
NASA targets April 1 for moon mission launch
NASA's huge Space Launch System rocket has been repaired and is ready for rollout back to the launch pad next week.
1,300-pound NASA satellite to crash on Earth
Nearly 14 years after it was launched in 2012, NASA says a 1,300-pound satellite is expected to come crashing back to Earth on Wednesday. Most of it will burn up as it reenters the atmosphere, but NASA warns some debris could survive reentry.
1,300-pound NASA satellite re-enters Earth's atmosphere after 14 years in space
The Van Allen probe's mission was meant to last two years, but ended up going for nearly seven.
Why NASA is overhauling Artemis program
NASA has announced a major overhaul of its Artemis moon program amid ongoing safety concerns. CBS News space consultant Bill Harwood has more details.
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.
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?
The life & near death of prizefighter Christy Salters-Martin
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
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
More Latest CBS News Videos
Latest CBS News Videos
Judge blocks RFK Jr. child vaccine changes
A federal judge blocked the Trump administration from limiting the number of vaccines recommended for children. Medical societies challenged HHS Secretary Robert F. Kennedy Jr.'s order to drop six vaccines from the list of shots that children should have. CBS News medical contributor Dr. Celine Gounder explains what it means and what could happen next.
Israel says it killed 2 Iranian leaders
As air and missile attacks from both sides continue, Israel says it has killed two of Iran's senior leaders, including Ali Larijani, the head of Iran's Supreme National Security Council. Imtiaz Tyab has the latest.
U.S. allies' reaction over Strait of Hormuz
President Trump on Monday pressured allies and China for military assistance in reopening the Strait of Hormuz. The European Union and Australia turned down Mr. Trump's request while China and Japan were noncommittal. Nancy Cordes reports.
Weather, TSA staffing wreak havoc on travel
Roughly 9,000 flights were canceled and 25,000 delayed since Sunday as a winter storm slammed parts of the U.S. It comes amid a TSA staffing shortage, as employees work without pay through the partial government shutdown. Kris Van Cleave reports.
Eye Opener: Extreme weather impacts millions
Extreme weather is impacting millions of Americans from coast to coast, creating long lines at airports and a travel mess. Plus, Israel says it has killed two more Iranian leaders. All that and all that matters in today's Eye Opener.