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.
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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.
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.
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.
But more than 1.2 million people filed for jobless aid last week as the economy enters a winter slowdown.
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.
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.
Investigators are looking into possible fraud involving $20 billion more.
"No one should have to choose between their livelihoods and their own or their families' health," White House says.
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.
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.
The Labor Department weekly unemployment claims report shows another 900,000 people filed for unemployment for the first time last week. That's slightly down from the 926,000 who filed jobless claims the previous week. Melissa Armo, the owner and founder of The Stock Swoosh, joins CBSN with a breakdown of what these numbers mean.
President Joe Biden inherits the worst job market since the Great Depression, with 16 million people on unemployment.
President-elect Joe Biden unveiled his "American Rescue" plan to stimulate the U.S. economy, which has been crippled by the COVID-19 pandemic. Gene Sperling, a former director for the National Economic Council, joins CBSN to discuss Mr. Biden's coronavirus relief package.
President-elect Joe Biden will detail how he plans to address the economic crisis through stimulus checks, unemployment benefits and improving the vaccine rollout. Weijia Jiang reports.
About 965,000 people filed unemployment claims in the first week of January 2021. Lori Bettinger, co-president of Alliance Partners and president of BancAlliance, joins CBSN to discuss what it will take to improve the economy.
Unemployment claims jumped last week to the highest level since August amid a nationwide surge in reported COVID-19 cases. Frances Stacy, director of portfolio strategy at Optimal Capital, joins CBSN to discuss the state of the economy and how the Biden administration could build a road to recovery.
About 965,000 people filed for jobless benefits in the first week of January, far higher than economists expected.
Jobless Californians with legitimate unemployment claims are struggling to get their money.
Officials say they mistakenly overpaid paid thousands of unemployed Americans. Now they want the money back.
Total number of applications for weekly jobless aid fell below 1 million for the first time since March.
President Trump's delay in signing the $900 billion stimulus deal raises questions about the timing of benefits.
Unemployment applications are dropping slightly but still numbered more than a million during Christmas week.
President Trump has finally signed the $900 billion COVID-19 relief bill and funding measure to avert a government shutdown. This comes after days of urging Congress to increase direct payments to Americans to $2,000, which most Republicans opposed. CBS News White House correspondent Paula Reid joins CBSN to explain the latest developments.
Mr. Trump signed the bill Sunday night, about 18 hours after unemployment benefits expired.
President Trump is still not saying whether he will sign the latest $900 billion coronavirus stimulus plan, as federal unemployment benefits and an eviction protection program are expiring for millions of Americans. Republican Senator Lindsey Graham, who met with the president on Christmas Day, tweeted that Mr. Trump seems convinced that stimulus payments should be more than tripled to $2,000 per person.
Iran said Friday it had not yet reached a final conclusion on a deal to end the war with the U.S. despite President Trump announcing an agreement would be signed soon.
A photographer from the Reuters news outlet saw the apparent "86 47" markings from atop the Washington Monument.
The signing of the memorandum or letter of intent would kick off 60 days of talks to negotiate details of an enduring U.S.-Iran agreement.
The Supreme Court declined a request from Alabama to move forward with a scheduled execution using nitrogen hypoxia, with Justices Clarence Thomas, Samuel Alito and Neil Gorsuch dissenting.
Timothy Hudson, 16, is accused of sexually assaulting and killing Anna Kepner, his 18-year-old stepsister, while the family was on a cruise.
The 2026 FIFA World Cup opening ceremony festivities got underway a little over an hour before the first kickoff in Mexico City's Estadio Azteca.
Severe storms that swept through the Midwest late Thursday knocked out power to hundreds of thousands of customers, damaged buildings and canceled flights.
Jay Clayton is currently the U.S. Attorney for the Southern District of New York.
Analysts are scrutinizing recent Chinese maritime operations near Scarborough Shoal, an uninhabited but strategically located atoll near the Philippine island of Luzon, U.S. officials said.
The board move marks a shift from a June 4 memo to staff saying email signatures, letterhead and other documents must reflect the name as "The John F. Kennedy Center for the Performing Arts" or "Kennedy Center."
Severe storms that swept through the Midwest late Thursday knocked out power to hundreds of thousands of customers, damaged buildings and canceled flights.
Tom Mueller, Elon Musk's first hire at SpaceX, expects the company's IPO to help power a new era in space exploration.
Residents packed a public hearing in Nashville, Tennessee, on Thursday, looking to stop a nearly 70,000-square-foot data center from being built near the Nashville Zoo.
A mother has filed a lawsuit against OpenAI, alleging the chatbot's design led to her daughter's suicide.
Tom Mueller, Elon Musk's first hire at SpaceX, expects the company's IPO to help power a new era in space exploration.
Although the five-week soccer tournament starting on Thursday is the largest sporting event ever, the U.S. economic gains are likely to be muted.
A surge in the Producer Price Index signals that businesses are paying more for goods and services, which could push up consumer costs.
GoPro cameras have enabled the adventurous to record images of their experiences for nearly 25 years. But the company is under extreme pressure from intensifying competition, rising costs and more.
According to a recent survey, 71% of U.S. public school teachers said they work at least one second job.
The board move marks a shift from a June 4 memo to staff saying email signatures, letterhead and other documents must reflect the name as "The John F. Kennedy Center for the Performing Arts" or "Kennedy Center."
The signing of the memorandum or letter of intent would kick off 60 days of talks to negotiate details of an enduring U.S.-Iran agreement.
The Supreme Court declined a request from Alabama to move forward with a scheduled execution using nitrogen hypoxia, with Justices Clarence Thomas, Samuel Alito and Neil Gorsuch dissenting.
A photographer from the Reuters news outlet saw the apparent "86 47" markings from atop the Washington Monument.
Jay Clayton is currently the U.S. Attorney for the Southern District of New York.
The FDA approved a new ingredient for sunscreen that's been in use in Europe for years. Dr. Jon LaPook has more details.
A sunscreen ingredient that's been available in Europe, Japan and South Korea for years has finally been approved by the FDA for sale in the U.S.
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.
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.
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.
Iran said Friday it had not yet reached a final conclusion on a deal to end the war with the U.S. despite President Trump announcing an agreement would be signed soon.
Thailand's Princess Bajrakitiyabha Mahidol, a lawyer and the eldest of the king's seven children, has died at 47 after three years in a hospital, royal officials said. She was an advocate for women's rights.
The signing of the memorandum or letter of intent would kick off 60 days of talks to negotiate details of an enduring U.S.-Iran agreement.
The 2026 FIFA World Cup opening ceremony festivities got underway a little over an hour before the first kickoff in Mexico City's Estadio Azteca.
Analysts are scrutinizing recent Chinese maritime operations near Scarborough Shoal, an uninhabited but strategically located atoll near the Philippine island of Luzon, U.S. officials said.
KISS' Paul Stanley says it's an honor to be inducted into the Songwriters Hall of Fame along with his band member Gene Simmons. "This is what the American dream is about," Simmons tells "CBS Mornings."
With matches being played in 11 cities across the U.S., Mexico and Canada, fans are getting three World Cup opening ceremonies.
Musician G Flip first rose to fame in Australia but has become a global star since their song "Bed of Fire" appeared in the series "Off Campus." They speak to "CBS Mornings" about how the song's popularity has impacted their music, family support and advice for young artists.
Amazon Books editorial director Sarah Gelman joins "CBS Mornings" to reveal Amazon's best books of the year so far and why they made the list.
Pope Leo XIV met with music superstar Bad Bunny in Spain as the pontiff continues his multi-city tour. CBS News' Chris Livesay reports.
A mother has filed a lawsuit against OpenAI, alleging the chatbot's design led to her daughter's suicide.
Many have watched recently released UFO videos, but most still think the government knows more than it is saying.
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.
Major tech players are racing to put AI on your face, literally, with smart glasses. Ziad Asghar, senior vice president and general manager of XR, Wearables and Personal AI for Qualcomm, joins CBS News to discuss.
The iPhone was introduced in 2007, the same year the U.S. birth rate started to slide. The issues could be linked, a new analysis finds.
The researchers saw many strange animals — many believed to be new to science — living off the whale carcasses.
NASA's Artemis III astronauts plan to carry out rendezvous and docking procedures with commercial moon landers being built by SpaceX and Blue Origin.
Great white sharks are classified as "critically endangered" in the Mediterranean Sea, and underwater sightings are incredibly rare.
The expected arrival of El Niño this summer could trigger another mass coral bleaching event, which would be the fifth on record, researchers said.
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.
Timothy Hudson, 16, is accused of sexually assaulting and killing Anna Kepner, his 18-year-old stepsister, while the family was on a cruise.
The step-grandmother of Timothy Hudson, the 16-year-old stepbrother of Anna Kepner, who has been charged in her death and sexual assault, says Kepner's father and stepmother should be charged with parental neglect.
The Supreme Court declined a request from Alabama to move forward with a scheduled execution using nitrogen hypoxia, with Justices Clarence Thomas, Samuel Alito and Neil Gorsuch dissenting.
Karmelo Anthony's mother Kala Hayes told CBS News that her son "didn't mean to hurt anyone" and "was defending himself" when he stabbed another student, Austin Metcalf.
Four police officers were injured, including one who was taken to the hospital, authorities said.
NASA's Jared Isaacman says the crew was selected solely based on their experience, expertise and availability for flight assignment.
NASA's Artemis III astronauts plan to carry out rendezvous and docking procedures with commercial moon landers being built by SpaceX and Blue Origin.
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.
Three solar flares burst from the sun this week, raising the chances of seeing the northern lights for people across the United States.
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.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
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.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
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.
As the war in Iran continues and prices keep rising, CBS News is following stories about everyday Americans finding new ways to cope with the increasing costs.
As artificial intelligence cements its role across more U.S. job sectors, career training experts say the technology is actually reviving the need for liberal arts skills and diminishing the need for more traditional technical skills. CBS News MoneyWatch reporter Megan Cerullo has more.
Severe weather broke out in the Midwest on Thursday, day three of a multi-day threat. More than 120 million people are in the path of potentially dangerous storms. In Des Moines, a man was killed after a tree broke apart and fell on him as storms passed through. Rob Marciano reports and has the forecast.
President Trump announced Thursday that the U.S.had reached a "settlement" with Iran that would begin talks to possibly end the war. Andrew Borene, a senior fellow at the National Security Institute and a former senior intelligence official, joins "The Daily Report" to discuss.
U.S. and Iran expected to have 60 days to reach deal upon letter of intent signing; Thune under pressure from Trump to fire Senate parliamentarian.