1 in 4 Americans are jobless or earning poverty-level wages
Official government statistics don't fully capture just how much millions of Americans are hurting, one expert says.
Unemployment
One-quarter of Americans in poverty or jobless
The inability to earn a living wage is creating an economic headwind for the nation, one expert says.
Jobless claims increased last week
New unemployment claims rose for the first time in five weeks, revealing the ongoing impact the coronavirus pandemic is having on the U.S. economy. The Department of Labor reports 742,000 Americans filed for unemployment benefits for the first time. Rich Steinberg , the Colony Group’s chief market strategist. joined CBSN to discuss.
12 million Americans set to lose jobless aid day after Christmas
Expanded federal benefits are scheduled to lapse in December, potentially leaving millions of people with no income.
Unemployment claims rose last week
After weeks of heading in the right direction, the number of new unemployment claims filed in the U.S. increased by 31,000 during the week ending November 14. Frances Stacy, director of portfolio strategy at Optimal Capital, joins CBSN with more on what these numbers mean and how a stimulus deal or lack thereof could affect the economy.
Unemployment claims rise for first time in 5 weeks
Number of Americans filing for unemployment is edging up, a sign America's latest COVID-19 surge his hitting jobs.
COVID-19 case surge threatens the U.S. economy
Coronavirus cases are surging in America, which is threatening the U.S. economy while many Americans are struggling to make ends meet. Michael George reports.
Jobless claims and state of the economy
Jobless claims declined last week, but 709,000 Americans still filed for first-time unemployment. Lori Bettinger, president of BancAlliance and former director of the Troubled Asset Relief Programs during the Obama administration, joined CBSN to discuss what the current state of the economy could mean for President-elect Joe Biden's future administration.
Number of Americans seeking jobless aid ticks down
Yet weekly applications for unemployment benefits remain nearly three times their level before the pandemic.
Unemployment claims down last week
709,000 Americans filed claims for unemployment last week. That number is about 48,000 lower than the previous week. Frances Stacy, the director of portfolio strategy at Optimal Capital, joined CBSN with the latest.
Winter threatens 1.4 million U.S. jobs, analysis finds
"In the last week we haven't seen anybody sit outside," one Rhode Island restaurant manager laments.
Steady job growth in October despite coronavirus surge
Employers added 638,000 jobs, down slightly from the prior month, while unemployment fell to 6.9%.
Fewer jobless claims filed last week
The latest jobs report from the Department of Labor shows 751,000 Americans filed for unemployment in the week ending October 31, a decrease of 7,000 claims from the week before. Mark Hamrick, senior economic analyst for Bankrate, looks at what these numbers mean for our economy.
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.
Hiring is biggest issue for employers of high-risk businesses
Dental assistants, massage therapists and house cleaners are in high demand but applicants find the work too risky.
Weekly jobless claims down, GDP rebounds
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.
Swing states offer clues to state of the economy
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.
Unemployment in a tough job market
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.
Americans face food insecurity amid pandemic
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.
Americans applying for jobless aid drop to 787,000
Fewer workers are filing for first-time unemployment benefits, a sign the COVID labor market is picking up.
New jobless claims dropped last week
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.
Weekly jobless claims lowest since pandemic began
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.
10/20/20: Red and Blue
Two weeks to go in the 2020 Presidential election; Whose vote counts this year and whose might not?
Workers being laid off twice as COVID ripples through economy
As PPP business loans run out, economists see a second wave of layoffs. "It feels completely arbitrary," said one worker made jobless.
Americans frustrated over stimulus negotiations
Frustration is growing as Congress tries to agree on money for coronavirus testing, unemployment benefits and schools. Janet Shamlian reports.
Trump pardons pollution violators prosecuted for "fixing their car"
CBS News previously reported President Trump was weighing pardons of a slate of people convicted of emissions and clean air-related violations.
Taylor Swift and Travis Kelce married in ceremony officiated by Adam Sandler
Taylor Swift and Travis Kelce were married as they celebrated their wedding with hundreds of guests Friday at Madison Square Garden in New York City.
Here's who won — and lost — under Trump's "big, beautiful bill"
A year after President Trump signed the sweeping tax and spending package, its effects on households, businesses and federal programs are increasingly evident.
Live
Peace talks paused as Iran gears up for dayslong funeral for slain supreme leader
The flag-draped casket of Ayatollah Ali Khamenei was put on display in Tehran Friday with millions expected to attend his dayslong funeral.
Inside the security operations for July Fourth celebrations in D.C.
The Fourth of July celebrations in Washington, D.C., are deemed a "national special security event," which is the highest possible designation.
Maps show this July 4th could be hottest ever in parts of U.S.
Extremely dangerous heat, coupled with humidity, could result in heat index readings of 100 to 115 degrees from the Midwest to the East Coast, forecasters said.
After 10 years, one man's mission to preserve WWII veterans' legacy continues
Rishi Sharma started his journey 10 years ago by driving around his Southern California neighborhood to record interviews with veterans and later expanded his outreach.
3 dead after boat capsizes in Wisconsin during severe storm
Three people died on Geneva Lake in Wisconsin after a boat capsized during a severe storm Friday. Several others were rescued.
More than 100,000 fireworks recalled ahead of July 4
Federal safety regulators are urging consumers to stop using the recalled fireworks and return them for a full refund.
U.S.
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After 10 years, one man's mission to preserve WWII veterans' legacy continues
Rishi Sharma started his journey 10 years ago by driving around his Southern California neighborhood to record interviews with veterans and later expanded his outreach.
Trump announces pardons for pollution violators prosecuted for "fixing their car"
CBS News previously reported President Trump was weighing pardons of a slate of people convicted of emissions and clean air-related violations.
More than 100,000 fireworks recalled ahead of July 4
Federal safety regulators are urging consumers to stop using the recalled fireworks and return them for a full refund.
How to save money on air conditioning as electric bills climb
As Americans endure another bout of extreme heat, experts say small thermostat adjustments and other energy-saving steps can help reduce soaring cooling costs.
Inside the security operations for July Fourth celebrations in D.C.
The Fourth of July celebrations in Washington, D.C., are deemed a "national special security event," which is the highest possible designation.
MoneyWatch
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More than 100,000 fireworks recalled ahead of July 4
Federal safety regulators are urging consumers to stop using the recalled fireworks and return them for a full refund.
How to save money on air conditioning as electric bills climb
As Americans endure another bout of extreme heat, experts say small thermostat adjustments and other energy-saving steps can help reduce soaring cooling costs.
Here's who won — and lost — under Trump's "big, beautiful bill"
A year after President Trump signed the sweeping tax and spending package, its effects on households, businesses and federal programs are increasingly evident.
U.S. says it's monitoring oil markets for price-fixing, urges states to do same
Antitrust regulators suggested that state attorneys general could assist in investigating unlawful conduct by companies.
What's open and closed on July 3 and July 4? See which stores are operating.
Major retail stores will be open on Friday, although some may have modified hours on Saturday, July 4.
Politics
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Trump announces pardons for pollution violators prosecuted for "fixing their car"
CBS News previously reported President Trump was weighing pardons of a slate of people convicted of emissions and clean air-related violations.
Trump gifted lavish ring from Belgian diamond group that won tariff relief
The gift comes months after Belgium's diamond industry won the removal of U.S. tariffs on diamond imports.
Inside the security operations for July Fourth celebrations in D.C.
The Fourth of July celebrations in Washington, D.C., are deemed a "national special security event," which is the highest possible designation.
First on CBS
Sources: Trump likely to pardon pollution violators; weighing clemency for Diddy
President Trump hasn't committed to a firm number of people who will receive clemency — he's scheduled to have a meeting on pardons Friday afternoon, sources said.
U.S. says it's monitoring oil markets for price-fixing, urges states to do same
Antitrust regulators suggested that state attorneys general could assist in investigating unlawful conduct by companies.
HealthWatch
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Why tick season is expected to be worse than normal
The CDC is reporting the highest rate of emergency room visits from tick bites since 2017 in many parts of the U.S.
Investigation
What a Brooklyn bodega reveals about the craze for an experimental weight-loss drug
It isn't approved by the FDA, but we found an experimental weight-loss drug called retatrutide for sale at a local convenience store.
Actor Danny Glover reveals Alzheimer's diagnosis
Actor Danny Glover spoke about his Alzheimer's diagnosis in an interview with NBC's "Today" show, revealing that he has been living with the disease for several years.
Medicare to help pay for some GLP-1 drugs
Starting Wednesday, Medicare will help pay for some GLP-1 medications for weight loss. CBS News medical correspondent Dr. Celine Gounder explains what this means for patients.
New disease threats follow Trump administration's health program cuts
From screwworm to flesh-eating bacteria, mounting public health risks are emerging in the wake of deep cuts to federal health agencies and programs.
World
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Trump gifted lavish ring from Belgian diamond group that won tariff relief
The gift comes months after Belgium's diamond industry won the removal of U.S. tariffs on diamond imports.
Prince William appears on "New Heights" podcast ahead of Swift-Kelce wedding
Prince William will appear on the podcast hosted by Jason and Travis Kelce just hours before Travis Kelce and Taylor Swift's anticipated wedding.
Venice mayor proposes new dynamic pricing tourist fee
The mayor of Venice says the city is seeking government approval to introduce a form of dynamic pricing to deal with tourism costs.
Ukrainian woman named suspect in Monaco bombing
The suspect was initially identified as a heavily built person appearing to be male, but Interpol now says it is looking for a 39-year-old Ukrainian woman.
40 killed when speeding, overcrowded bus tumbles into Pakistan ravine, officials say
A speeding bus plunged from a highway into a rocky ravine in Pakistan, killing 40 people and injuring eight others in one of the deadliest road accidents in recent years, officials said.
Entertainment
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Entertainment
Fans gather in NYC for Taylor Swift's wedding
New York has been waiting for Taylor Swift, as the pop icon may be preparing to marry NFL star Travis Kelce at Madison Square Garden on Friday night. Carlos Greer, a senior reporter at Page Six, joins CBS News to discuss.
World awaits news on Taylor Swift's wedding
Taylor Swift fans are awaiting news on her highly anticipated wedding to football player Travis Kelce. CBS News' Jo Ling Kent reports from New York City.
Prince William appears on "New Heights" podcast ahead of Swift-Kelce wedding
Prince William will appear on the podcast hosted by Jason and Travis Kelce just hours before Travis Kelce and Taylor Swift's anticipated wedding.
What's expected for Swift-Kelce wedding
Bryan West, the Taylor Swift reporter for USA Today, talks about expectations for Taylor Swift and Travis Kelce's wedding and what it may look like inside Madison Square Garden. For the past week, clues have piled up and the iconic arena has been on lockdown for the couple's potential nuptials.
Latest on Taylor Swift, Travis Kelce wedding
Taylor Swift and Travis Kelce are having a wedding celebration on Friday at Madison Square Garden, law enforcement sources told CBS News. On Thursday, the couple hosted a rehearsal dinner with a star-studded guest list. Jo Ling Kent reports.
Technology
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Technology
Why U.S. initially restricted Anthropic AI models
The Trump administration has lifted export restrictions on Anthropic's most advanced artificial intelligence models, Fable and Mythos, after weeks of negotiations over national security concerns. CNET Editor-in-Chief David Katzmaier joins to discuss.
White House lifted AI limits, Anthropic says
Tech giant Anthropic says that the federal government has now removed restrictions from its robust Claude Fable 5 and Mythos 5 models. Axios reporter Madison Mills has more on artificial intelligence regulation.
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.
Sony to stop making physical discs for PlayStation starting in 2028
After January 2028, new games will be available exclusively in digital format from the PlayStation Store and at retailers, Sony said.
Consumers need protection from AI agents, lawmaker says
Sen. Mark Warner wants to create a federal registry of trusted AI agents and ensure autonomous bots operate like fiduciaries.
Science
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The American innovation that made millions of others possible
From the lightbulb to the airplane, to medical breakthroughs and the internet age, the past 250 years have been defined by America's intrepid intellect.
New White House UFO panel chair speaks out
The White House appointed former Harvard University astronomer Avi Loeb to lead its new panel on Unidentified Anomalous Phenomena, also known as UAPs and UFOs. Loeb shares his enthusiasm for his new role.
3 futurists predict what America will be like in the centuries ahead
From space to healthcare and artificial intelligence, what could the next 250 years of the United States look like?
NASA strives to save doomed telescope
NASA is in a race against time as the Swift Observatory telescope in orbit sinks closer to Earth. CBS News consultant William Harwood explains the $30 million salvage operation.
Fossil found in drawer turns out to be first dinosaur bone from Antarctica
Dinosaur fossils are rare to find in Antarctica because of the unforgiving ice caps. But millions of years ago, the region was populated by lush forests.
Crime
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Crime
Trump announces 6 new pardons
The four presidents carved into Mount Rushmore collectively issued over 1,100 pardons. President Trump, who is visiting there tonight, has outdone them all and is now adding more. Nancy Cordes reports.
Trump considering pardons and clemency
President Trump is considering pardons for a group of people convicted of emissions and clean-air-related violations and has discussed potential clemency for Sean "Diddy" Combs, according to sources familiar with his plans. CBS News' Nikole Killion reports.
Trump weighing Diddy clemency, sources say
President Trump is considering pardons for a slew of individuals, including potential clemency for disgraced music mogul Sean "Diddy" Combs and some offenders with pollution-related convictions, sources say. CBS News' Olivia Rinaldi reports.
Olympian charged over alleged D.C. vandalism
U.S. Olympian David Hearn is facing a felony charge after being accused of vandalizing the Lincoln Memorial Reflecting Pool. CBS News senior Justice Department reporter Sarah Lynch has the details.
Man charged over Reflecting Pool vandalism
Former U.S. Olympian David Hearn was indicted on Thursday on a felony charge for allegedly tearing up roughly two feet of the Lincoln Memorial Reflecting Pool last month, amid the algae blooms and political mudslinging around the president's $16 million renovation. Nicole Sganga reports.
Space
More Space
Mission launched to rescue a falling space telescope
Katalyst Space's LINK spacecraft is designed to capture and boost NASA's Swift observatory back to a safe altitude.
NASA astronauts operate on space station's broken robot arm
The orbital surgery on the International Space Station returned the Canadian-built robot arm to full health after its "wrist" joint failed last month.
NASA prepares to launch rescue to save telescope from falling to Earth
The $30 million salvage operation gets underway as soon as this week with the planned launch of a robotic lifesaver.
Astronomers find 2 gigantic planets lighter than cotton candy
The featherweight pair — orbiting a star 1,110 light-years away — are the biggest exoplanets found to have less density than cotton candy.
Telescope snaps most detailed photo yet of Milky Way's heart
Euclid is on a mission to chart one-third of the sky in the hopes of shedding light on the enduring mysteries of dark matter and dark energy.
Latest Galleries
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Celebrations at Obama Presidential Center
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
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.
Summer music highlights of 2026
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.
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
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Latest CBS News Videos
6/27: CBS Weekend News
High winds and heat are fueling Utah's out-of-control wildfires; Iranian drones target Bahrain after U.S. strikes Iran.
A look at America 250 security efforts
Saturday's Fourth of July celebration on the National Mall is the first tagged as a "national special security event," meaning a law enforcement presence akin to a Super Bowl or an inauguration. Nicole Sganga has more.
Young man aims to preserve WWII stories
Every Fourth of July marks the loss of more veterans of World War II. Steve Hartman met a young man who is racing against time to preserve their stories.
Attempting the largest fireworks display ever
A company called Pyrotecnico will attempt the biggest fireworks show in history in Washington, D.C., on the Fourth of July. Tony Dokoupil gets the exclusive on how.
Trump announces 6 new pardons
The four presidents carved into Mount Rushmore collectively issued over 1,100 pardons. President Trump, who is visiting there tonight, has outdone them all and is now adding more. Nancy Cordes reports.