Jobless aid could cost Americans $50 billion at tax time
Unemployment benefits, stimulus checks, home office costs: Here's how to prepare for a tax season unlike any other.
Unemployment
Unemployment filings dip for third week in a row
But layoffs around the U.S. remain elevated, with over 1 million Americans applying for jobless aid last week.
Biden confident COVID relief bill will get some GOP support
Top Senate Democrats met with President Biden on Wednesday to discuss his COVID stimulus plan and the possibility of a compromise. Mr. Biden said he's confident the bill will have Republican support despite little public evidence. Ed O'Keefe reports.
Democrats hammering out relief bill details
Details are coming into focus in President Biden's $1.9 trillion COVID relief bill — including an increased tax credit for families with young children. Weijia Jiang reports.
Biden calls COVID "national emergency"
In President Joe Biden's first interview since his inauguration, he tells "CBS Evening News" anchor Norah O'Donnell that women from the labor force and the closing of schools —along with the mental health issues for children that could arise — during the COVID-19 pandemic constitute a "national emergency." Watch the full interview that aired ahead of the Super Bowl.
Yellen: Job market still "in a deep hole"
Treasury Secretary Janet Yellen says she is "afraid that the job market is stalling."
Biden flexible on relief qualifications
In an exclusive interview with CBS News, President Biden discusses a wide range of topics including the next coronavirus relief plan, former President Trump, and his son Hunter's struggle with drug addiction. Christina Ruffini has more with a preview of the interview, which will air prior to Super Bowl LV.
Biden pushes his COVID-19 relief plan
After another round of disappointing jobs numbers, President Biden continues to push for Republicans to support his COVID-19 relief plan. But some GOP members say the $1.9 trillion plan is too big and too expensive. Christina Ruffini reports.
Biden pushing relief bill even without GOP
Just four days ago, President Biden met with Republicans and said he hoped they'd find a way to work together on COVID-19 relief. But he said Friday he wants to act fast without them, if necessary, arguing that the country can't afford to wait. Ed O'Keefe reports.
Biden: "No need" for Trump to receive intel briefings
In an exclusive interview with CBS News' Norah O'Donnell, President Joe Biden said former President Trump should not be still receiving intelligence briefings. O'Donnell's full interview will air Sunday during the 4 p.m. ET hour ahead of the Super Bowl, only on CBS.
Unemployment falls to lowest level since before the pandemic
Jobless rate fell to 6.3% last month, but the gains went to white-collar employees while service workers struggled.
Jobless claims hit lowest level in 2 months
U.S. jobless claims declined for the week ending January 30. CBSN's Tanya Rivero has more.
1 million Americans sought jobless aid last week
Unemployment claims dipped to 779,000, while more than 300,000 self-employed workers applied for benefits.
9/17/20: Red and Blue
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Senate Democrats move ahead with $1.9 trillion plan
President Biden is pushing ahead with his $1.9 trillion economic relief plan, telling Senate Democrats that the Republican counteroffer of $600 billion was not enough to combat the coronavirus crisis. Ed O'Keefe reports.
Biden and GOP senators meet about stimulus offer
President Biden hosted 10 Republican senators at the White House amid a fight over the size of the COVID relief plan. Ed O'Keefe reports.
When will economy recover from pandemic?
New analysis from the Congressional Budget Office predicts the U.S. economy will return to its pre-pandemic peak in the middle of 2021, but the number of people employed won't return to previous levels until 2024. Maya MacGuineas, the president of the Committee for a Responsible Federal Budget, joins CBSN's "Red & Blue" host Elaine Quijano to discuss what she thinks the federal government should do to aid the economy.
U.S. unemployment claims fell last week
The Labor Department reported Thursday unemployment claims dropped 67,000 last week from the previous week, even as overall numbers still hover near historic highs. But the economy is showing signs of a rebound. The Commerce Department says the nation's gross domestic product rose 1% last quarter. CBSN's Tanya Rivero spoke with Ellen Hughes-Cromwick, a Third Way senior resident fellow, about what this means for the average American.
Number of Americans filing for unemployment aid dips
But more than 1.2 million people filed for jobless aid last week as the economy enters a winter slowdown.
Unemployment numbers and GameStop stock
Another 847,000 Americans filed for first-time unemployment benefits last week, a decline from the previous week. And retail investors are gambling on GameStop stock. Frances Stacy, director of Portfolio Strategy at Optimal Capital, joins CBSN to discuss the impact.
Massive unemployment fraud scheme in California
Charges have been filed in Southern California against several convicted felons over a unemployment fraud scheme. Billions of dollars in aid meant to help struggling Californians during the COVID-19 pandemic were allegedly stolen instead. CBS Los Angeles' Kristine Lazar reports.
California paid out $11 billion in bogus jobless claims in 2020
Investigators are looking into possible fraud involving $20 billion more.
Americans who fear COVID at work entitled to jobless benefits
"No one should have to choose between their livelihoods and their own or their families' health," White House says.
How Biden wants to the fix economy
More than 1.3 million people in the United States applied for unemployment aid last week, the final full week of data for the Trump administration. Washington Post economics correspondent Heather Long joins CBSN's "Red & Blue" host Elaine Quijano to discuss how President Biden wants to pass his $1.9 trillion economic relief bill.
900,000 Americans file for first-time unemployment benefits
The number of Americans claiming unemployment for the first time dipped by 26,000 in the final week of the Trump administration to 900,000 jobless claims, according to data released Thursday by the Labor Department. Bankrate Washington bureau chief and senior economic analyst Mark Hamrick joins CBSN to discuss how the new Biden administration plans to respond to the ongoing jobs crisis.
U.S. military removes bombers from U.K. air base following security incident
Experts are training AI on how to do their jobs
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Key Biden aide recalls "draconian measures" being considered against Israel
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