Jobless claims hold steady, with more than 1M seeking aid
Roughly 751,000 Americans applied for first-time unemployment benefits last week as job growth loses speed.
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Roughly 751,000 Americans applied for first-time unemployment benefits last week as job growth loses speed.
Dental assistants, massage therapists and house cleaners are in high demand but applicants find the work too risky.
Two new economic reports reflect the impact of the ongoing coronavirus pandemic. The Labor Department says 751,000 Americans filed first-time unemployment claims for the week of October 24th, down 40,000 from the previous week. Also, U.S. GDP rebounded after a historically low second quarter. Bankrate's Washington bureau chief and senior economic analyst Mark Hamrick joins CBSN to discuss what this means for the economy and the potential impact on the 2020 election.
CBS MoneyWatch senior reporter Stephen Gandel joins CBSN to discuss how economic conditions triggered by the coronavirus pandemic may play a key role in this year's election.
As a result of the pandemic, more than 22 million Americans have lost their jobs in March and April. Though about half of those laid off are working again, others are struggling to find new roles. "CBS This Morning" spoke with several workers who were faced with unemployment and a tough job market, but have made strides in order to find new careers. LinkedIn Editor-in-Chief Dan Roth also joins the show after a new LinkedIn survey found 39% of people who became jobless during the pandemic feel anxious, and 46% have lied about being out of work.
Some 23 million Americans are still without work amid the coronavirus pandemic, which is causing many families to struggle to feed their loved ones. Mark Strassmann takes a look.
Fewer workers are filing for first-time unemployment benefits, a sign the COVID labor market is picking up.
According to the Labor Department, 787,000 Americans filed first-time unemployment claims last week, down 55,000 from the previous week. Mark Hamrick, Washington bureau chief and senior economic analyst at Bankrate, joins CBSN to discuss what this means for the economy, and the impact it could have on the 2020 election which is now less than two weeks away.
787,000 Americans filed unemployment claims for the first time last week, the lowest number since March 14. Frances Stacy, director of portfolio strategy at Optimal Capital, joins CBSN to discuss the long-term implications of the unemployment problem.
Two weeks to go in the 2020 Presidential election; Whose vote counts this year and whose might not?
As PPP business loans run out, economists see a second wave of layoffs. "It feels completely arbitrary," said one worker made jobless.
Frustration is growing as Congress tries to agree on money for coronavirus testing, unemployment benefits and schools. Janet Shamlian reports.
One of the leading voices on the pandemic, Dr. Anthony Fauci favors public health measures over a national lockdown. See the interview, Sunday on "60 Minutes."
Pfizer announced Friday it will apply for FDA emergency use authorization for its COVID-19 vaccine "soon after the safety milestone is achieved in the third week in November." Meg Oliver has details.
Many jobless workers are learning their benefits are expiring even as the job market remains tough.
Nearly 900,000 people applied for unemployment last week, a sign the U.S. labor market is cooling.
For the first time in four weeks, the U.S. saw an increase in the number of Americans filing for first-time unemployment benefits. Mark Hamrick, Washington bureau chief and senior economic analyst at Bankrate, joins CBSN with the latest jobs numbers.
Democratic win would lead to "economic disaster," the president claims, also touting his record on trade.
Tens of thousands of airline workers are out of jobs over the weekend, as the federal government's $25 billion payroll support program expires along with a ban on airline job cuts. While there is still a chance for more aid from Congress and the White House, the enormous number of furloughs already seen could deal a major blow to the overall economy. Kris Van Cleave reports.
The job shortage in the education sector is already creating challenges for families, teachers and staff amid the coronavirus pandemic. But schools across the nation could face a much larger crisis if lawmakers on Capitol Hill don't pass a new stimulus package. CBSN’s Lana Zak spoke with American Federation of Teachers president Randi Weingarten about the impact this would have on education.
Trump says he won't participate in next debate; New poll shows Arizona Senate race heating up
According to the Department of Labor's latest jobs report another 840,000 Americans filed for first-time unemployment benefits last week. Mark Hamrick, Washington bureau chief and senior economic analyst at Bankrate, joins CBSN to discuss the impact.
Frances Stacy, director of portfolio strategy at Optimal Capital, joins CBSN to explain what the new claims mean for the state of the economy and what to do if unemployment benefits have been delayed.
One day after calling off stimulus talks, President Trump wants Congress back at the bargaining table on a set of standalone bills. Nancy Cordes has the latest.
President Trump has returned to the Oval Office after his COVID-19 diagnosis. CBS News political correspondent Ed O'Keefe, CBSN political reporter Caitlin Huey-Burns, and Boston Globe deputy Washington bureau chief Liz Goodwin spoke to "Red and Blue" host Elaine Quijano about why the president is insistent on returning to work despite likely still being contagious.
The FBI is investigating Joe Kent — who resigned over the war with Iran — in connection with alleged leaks of classified information, sources say.
As Iran retaliates for an Israeli strike on the South Pars gas field, one analyst warns the war is "now hitting the plumbing of the global energy system."
In December, Attorney General Pam Bondi ordered law enforcement officials to prioritize efforts to probe and prosecute groups and individuals belonging to the antifa movement or are deemed "extremist."
The Senate defeated a war powers resolution on Wednesday that aimed to block President Trump from ramping up the war with Iran, as the operation approaches a fourth week.
A group of House Democrats walked out of a closed-door briefing with Attorney General Pam Bondi on the Jeffrey Epstein probe late Wednesday, as tensions over the DOJ's handling of the Epstein case continue to simmer.
Allegations of abuse of women and girls by union leader Cesar Chavez were first reported by the New York Times on Wednesday.
The Pentagon has prepared multiple options for President Trump as potential next steps in the Iran war.
A barrel of Brent crude topped $111, while the U.S. benchmark also rose as the Iran war intensifies.
Weeks after three of Colin Dorgan's family members were killed in a shooting at a Rhode Island hockey arena, he helped his team win the state championship.
A group of House Democrats walked out of a closed-door briefing with Attorney General Pam Bondi on the Jeffrey Epstein probe late Wednesday, as tensions over the DOJ's handling of the Epstein case continue to simmer.
The family of an Afghan immigrant who died one day after being taken into custody by ICE in Texas says it has received no answers as to what caused the man's death.
A barrel of Brent crude topped $111, while the U.S. benchmark also rose as the Iran war intensifies.
In a resignation letter, Joe Kent said Iran "posed no imminent threat to our nation," and he asserted that "we started this war due to pressure from Israel and its powerful American lobby."
A long-duration heat wave is taking shape over the western half of the U.S. and forecast to stick around in the days ahead.
A barrel of Brent crude topped $111, while the U.S. benchmark also rose as the Iran war intensifies.
Swarmer is likely to be the first of many: a Ukrainian defense startup with an American face that leans on U.S. capital to scale production for both the Ukrainian and American militaries.
Fed officials are grappling with a host of economic challenges, from stubborn inflation to a slowing job market.
Travelers hoping to bypass some of the increasingly long wait times at U.S. airports can enroll in the TSA PreCheck Touchless ID program, which is now operating at 65 locations.
As Disney CEO, Josh D'Amaro will be in charge of a massive entertainment empire that includes parks, movies and a streaming service.
A group of House Democrats walked out of a closed-door briefing with Attorney General Pam Bondi on the Jeffrey Epstein probe late Wednesday, as tensions over the DOJ's handling of the Epstein case continue to simmer.
The FBI is investigating Joe Kent — who resigned this week over the war with Iran — in connection with alleged leaks of classified information, sources tell CBS News.
Costa Rica on Wednesday closed its embassy in Havana and told Cuba's Communist government to pull its diplomats from Costa Rica.
The family of an Afghan immigrant who died one day after being taken into custody by ICE in Texas says it has received no answers as to what caused the man's death.
The Senate defeated a war powers resolution on Wednesday that aimed to block President Trump from ramping up the war with Iran, as the operation approaches a fourth week.
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.
Patchwork state policies and limited federal oversight have led to a fragmented system for tracking organ donor status.
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.
The Trump administration's Medicare boss reacts to CBS News investigation into California's hospice fraud problems.
Even people with six-figure incomes are making financial sacrifices to pay for medical care, a new study finds.
As Iran retaliates for an Israeli strike on the South Pars gas field, one analyst warns the war is "now hitting the plumbing of the global energy system."
Costa Rica on Wednesday closed its embassy in Havana and told Cuba's Communist government to pull its diplomats from Costa Rica.
The Senate defeated a war powers resolution on Wednesday that aimed to block President Trump from ramping up the war with Iran, as the operation approaches a fourth week.
Swarmer is likely to be the first of many: a Ukrainian defense startup with an American face that leans on U.S. capital to scale production for both the Ukrainian and American militaries.
Treasury chief Scott Bessent said Russia wouldn't benefit from an easing of oil sanctions to calm energy markets. But Russia is.
The band The Last Dinner Party is coming to the U.S. next week to tour its second album, "From the Pyre." The members of the band spoke to Anthony Mason about how they met, their rapid rise to fame and the support they've had along the way.
For more than 30 years, Vanity Fair has thrown an exclusive Oscar's after party. This year, the magazine's new global editorial director Mark Guiducci decided to trim the guest list, didn't allow press inside and even required guests to put a sticker over their phone camera for privacy. He speaks to "CBS Mornings" and gives an up-close look at the party.
Law enforcement sources told CBS News that additional images were obtained from surveillance cameras installed at Guthrie's Tucson home, but they showed nothing suspicious.
Melissa Etheridge speaks with "CBS Mornings" about releasing her 17th studio album "Rise" later this month, writing about the loss of her son and grief.
Kristin Cabot, the woman from the viral Coldplay "kiss cam" video, spoke in an exclusive interview with Oprah Winfrey about the backlash she received from that moment and how it differed from comments made about her boss Andy Byron, the CEO of their company.
NVIDIA's GTC conference brought big crowds to Silicon Valley this week, with hundreds of companies showcasing products powered by NVIDIA's chips. Tim Werth, tech editor at Mashable, joins CBS News to discuss.
A tech entrepreneur in Australia, Paul Conyngham, said he used artificial intelligence to design a cancer vaccine for his dog Rosie. He joins CBS News with Páll Thordarson, director of the UNSW RNA Institute, who worked with Conyngham on the technology.
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 deliberations for a landmark social media addiction trial in California entered a fourth day Wednesday. CBS News' Elaine Quijano has the latest.
From intelligence to research and grant applications, artificial intelligence is playing a bigger role in government and military operations.
The song is that of a humpback whale and was recorded by scientists in March 1949 in Bermuda, researchers said.
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 Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
Documents might help scientists shed light on unexplained phenomena and government secrets, experts said.
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.
Kouri Richins, Utah author and mother, was just found guilty for murder and attempted murder of her husband Eric Richins. The state accused her of killing him with a fentanyl-laced Moscow mule in 2022 after previously attempting to poison him via a sandwich on Valentine's Day. Monday evening the jury found her guilty on all counts including insurance fraud and forgery. In a special episode, "48 Hours" correspondent Natalie Morales speaks with Skye Lazaro, former defense attorney for Richins, about the significance of the outcome and the key moments in court that let up to the verdict. This episode was recorded on March 17.
Law enforcement sources told CBS News that additional images were obtained from surveillance cameras installed at Guthrie's Tucson home, but they showed nothing suspicious.
Kouri Richins, the Utah mom accused of killing her husband and later writing a children's book about grief, was found guilty on all charges Monday, including aggravated murder. Her sentencing is now set for May and she faces the possibility of life in prison.
Sebastian Marset, who eluded police for years, was captured in Bolivia last week and transferred to U.S. custody.
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.
A meteoroid was spotted streaking across the sky in 10 states. In some areas, there was also a loud boom, similar to an explosion. NASA says the meteor, which was traveling 45,000 mph in the sky, fragmented - causing the bright fireball and loud boom.
Some residents immediately feared the sound was an explosion, according to CBS affiliate WOIO, but weather service officials say it appears to have been a meteor.
Bill Nye the Science Guy sits down with CBS News chief Washington correspondent Major Garrett to talk about his life and career.
NASA's huge Space Launch System rocket has been repaired and is ready for rollout back to the launch pad next week.
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.
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.
Sen. Markwayne Mullin faces tense confirmation hearing for DHS secretary job; DNI Tulsi Gabbard discusses Iran war on Capitol Hill.
The WNBA and its players' union reached a verbal agreement on a transformational new collective bargaining agreement. Jan Crawford has more.
As the IRS pushes to phase out the use of paper checks, more than 800,000 tax filers are now facing delays in getting their refunds. CBS News national reporter Kati Weis has the details.
Dogue, a fashion magazine for dogs, is being sued by Condé Nast, the parent company of Vogue. Tony Dokoupil has details.
An Afghan father who served with U.S. forces died in immigration custody less than a day after being arrested in Texas. Camilo Montoya-Galvez spoke to his family, who are struggling to make sense of his death.