Ralph Lauren to lay off 3,600 workers after coronavirus hit
Apparel maker has lost $183 million over the last two quarters after temporarily closing hundreds of stores.
Unemployment
New unemployment claims dip slightly
Washington Post economics correspondent Heather Long joined CBSN's "Red and Blue" to break down the latest jobless numbers and her reporting on the pandemic's impact on college enrollment.
Impact of latest unemployment report
The Labor Department reports that 860,000 people filed for unemployment the week ending September 12. Mark Hamrick, Washington bureau chief and a senior economic analyst for Bankrate, joined CBSN to discuss the impact.
Trump's $300 in extra jobless aid has run out in 7 states
Florida says it will only provide four weeks of payments, rather than the six weeks other states are providing.
Number of Americans filing for jobless aid dips
About 1.4 million applied for unemployment benefits, aid last week, as fewer self-employed workers sought help.
How pandemic jobless benefits create a "perfect storm" for fraud
The PUA program is a lifeline for millions, but according to Pennsylvania's attorney general, also "open season" for "fraudsters."
Trump's $300 in weekly jobless benefits extended to 6 weeks
FEMA, which is overseeing the supplementary payments, had previously promised only three weeks of jobless benefits.
Number of Americans seeking unemployment aid is rising
Some 857,000 Americans sought unemployment aid last week, a sign the labor market is losing momentum.
More Americans seeking unemployment
Erica Pandey, a business reporter for Axios, joins Elaine Quijano on CBSN's "Red & Blue" with a look at the latest unemployment numbers and how the job market might rebound after the pandemic.
29 million Americans still on unemployment
New data from the Labor Department shows more than 1.6 million people applied for new unemployment benefits this past week. Mark Hamrick, Washington bureau chief and senior economic analyst for Bankrate, spoke to CBSN's Tanya Rivero about the impact the pandemic is having on people's livelihoods.
Virus economic impact affecting young Americans
Thousands of Americans continue to file for unemployment amid the pandemic and layoffs have forced more than 2.5 million young adults to move back home. Mark Strassmann takes a look.
Winners and losers in COVID economy
As the coronavirus swept across America, people who could work from home were able to spend money on high-end items and even second homes. Meanwhile, those who lost jobs are struggling to afford food. Wall Street Journal reporter Ben Eisen joins CBSN to talk about his newest article on the inequality of the coronavirus economy.
2nd wave of coronavirus could be weeks away, experts warn
Infectious disease experts warned a cold weather surge in new coronavirus cases — the long-feared "second wave" — may be just weeks away. This comes as the U.S. death toll closes in on 190,000 in the last six months. Tom Hanson has the latest.
Economist: Full reopening won't happen until Americans feel safe
Allianz's chief economic adviser Mohamed El-Erian says the latest jobs report shows a "long road ahead" to full economic recovery amid the COVID-19 pandemic.
COVID caseloads double as U.S. economy suffers
CBS News' Mark Strassmann reports from Atlanta on the ongoing impacts of the coronavirus pandemic.
Two different pandemic economies
Permanent job losses rose and hiring slowed in August, according to the latest Bureau of Labor Statistics report, but the unemployment rate is back in single digits for the first time since March. CBS News correspondent Mark Strassmann reports on the divide between Wall Street and Main Street, and Mark Hamrick, Washington bureau chief and senior economic analyst for Bankrate, joined CBSN to discuss what to take away from the latest numbers.
Asian Americans falling behind White workers in job market
Working in industries hit hard by the coronavirus — along with racism — are to blame, experts say.
On this Labor Day, 1 in 5 American workers are unemployed
Although the U.S. job market is gradually rebounding, the road to recovery is likely to take years.
U.S. economy added 1.4M jobs in August
The U.S. added 1.4 million jobs in August, according to the Labor Department. The unemployment rate also fell to 8.4%, dipping into single digits for the first time since March. Optimal Capital's Frances Stacy joined CBSN to break down the numbers.
Unemployment rate falls below 10% for first time since March
U.S. employers added 1.4 million jobs in August, although the pace of hiring has slowed this summer.
Wall Street booms, millions still unemployed
While Wall Street is booming, Main Street is seeing millions of Americans file for unemployment. Experts say it has created big winners and big losers. Mark Strassmann reports.
881,000 new jobless claims last week
New jobless claims fell to 881,000 last week, perhaps signaling the U.S. economy is heading in the right direction. Yahoo Finance's Rick Newman joins CBSN for a closer look at what this means for the overall economy.
Number of Americans applying for jobless aid ticks up
Nearly 1.6 million applied for assistance in the last week of August, with half seeking self-employed aid.
COVID's possible impact on retirement
New research from the Center for Retirement Research at Boston College suggests the COVID-19 pandemic is putting people's retirement plans at risk as 55% of people may not be able to maintain their standard of living when the reach retirement age. Yahoo Finance's Akiko Fujika joins CBSN's Lana Zak with a look at the numbers.
EMS workers in NYC brace for mass layoffs amid pandemic
The economic fallout from the coronavirus pandemic could cost hundreds of New York City EMS workers and paramedics their jobs, but they say it could cost lives if there's another COVID-19 flare-up. Nikki Battiste has details.
Live
Motive sought after suspect in Brown shooting, MIT professor's murder found dead
The Brown University shooting suspect was found dead in a storage unit in Salem, New Hampshire. Authorities believe he is also responsible for killing an MIT professor.
Timeline of gunman in Brown University and MIT professor shootings
Investigators are piecing together a detailed timeline of Claudio Neves Valente's actions before, during and after the Brown and MIT shootings.
Live
Justice Department set to release trove of Epstein files today
The Justice Department expects to release "several hundred thousand" records from the Epstein files today, a top official said. Follow live updates here.
What we know about the suspect in the Brown and MIT professor shootings
Officials say the same gunman who opened fire at Brown University also killed an MIT professor two days later. Here's what we know about the suspect, who was found dead Thursday night.
Ex-special counsel Jack Smith's lawyers re-up call for him to testify publicly
Jack Smith, who oversaw two investigations into President Trump, appeared before the House Judiciary Committee for a closed-door deposition Wednesday.
3 killed in knife attack in Taiwan, suspect falls to his death from store
Police said the suspect was declared dead at a hospital after jumping from the building's sixth floor, the Central News Agency reported.
Noem says Brown suspect got U.S. visa through diversity lottery, pauses program
Secretary of Homeland Security Kristi Noem said late Thursday the Trump administration will pause the diversity visa lottery program, which she said was used by alleged Brown University shooter Claudio Manuel Neves Valente.
Ukraine claims strike on oil tanker as Putin plays down peace prospects
Putin claims no "willingness from Ukraine" to negotiate a peace deal as he touts battlefield gains, and Kyiv claims a brazen strike on a ship far from Russia.
Albert Brooks remembers his "oldest friend" Rob Reiner
Albert Brooks said he's still in shock over the death of his friend Rob Reiner, whom he met at 14 years old.
U.S.
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Timeline of gunman in Brown University and MIT professor shootings
Investigators are piecing together a detailed timeline of Claudio Neves Valente's actions before, during and after the Brown and MIT shootings.
DraftKings hopes to score big with new prediction markets app
Sports betting companies face mounting competition from rapidly growing prediction markets such as Kalshi and Polymarket.
American Airlines stops offering miles for basic economy fares
Members of the carrier's AAdvantage loyalty program no longer earn miles or status points when purchasing a basic ticket.
Ex-special counsel Jack Smith's lawyers re-up call for him to testify publicly
Jack Smith, who oversaw two investigations into President Trump, appeared before the House Judiciary Committee for a closed-door deposition Wednesday.
Live
Justice Department set to release trove of Epstein files today
The Justice Department expects to release "several hundred thousand" records from the Epstein files today, a top official said. Follow live updates here.
MoneyWatch
More MoneyWatch
DraftKings hopes to score big with new prediction markets app
Sports betting companies face mounting competition from rapidly growing prediction markets such as Kalshi and Polymarket.
American Airlines stops offering miles for basic economy fares
Members of the carrier's AAdvantage loyalty program no longer earn miles or status points when purchasing a basic ticket.
Ford recalls nearly 273,000 vehicles over rollaway risk
Regulators said the parking module in certain Ford vehicles may fail, potentially allowing cars to roll away.
TikTok signs deal for sale of U.S. operations to American investors
TikTok's China-based parent company ByteDance must sever ties with TikTok or lose access to U.S. app stores and web-hosting services
Instacart to pay $60M in refunds over allegations it deceived customers
Instacart's "unlawful tactics" hurt shoppers and raised the cost of groceries, according to the FTC.
Politics
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What to know about Minnesota's "industrial-scale fraud" scandal
Federal prosecutors have unveiled charges against six more people accused of defrauding programs in Minnesota — adding to a scandal that has ensnared over 90 people..
Ex-special counsel Jack Smith's lawyers re-up call for him to testify publicly
Jack Smith, who oversaw two investigations into President Trump, appeared before the House Judiciary Committee for a closed-door deposition Wednesday.
Live
Justice Department set to release trove of Epstein files today
The Justice Department expects to release "several hundred thousand" records from the Epstein files today, a top official said. Follow live updates here.
New Coast Guard chief confirmed following flap over swastikas, nooses
The Senate confirmed Admiral Kevin Lunday as Coast Guard commandant after agency guidance on the display of hate symbols such as swastikas and nooses was clarified.
Inside the FDA's vaccine uproar
A memo from Dr. Vinay Prasad, the head of the FDA's Center for Biologics Evaluation and Research, may signal an effort to to rewrite the rules governing the U.S. vaccine system.
HealthWatch
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Inside the FDA's vaccine uproar
A memo from Dr. Vinay Prasad, the head of the FDA's Center for Biologics Evaluation and Research, may signal an effort to to rewrite the rules governing the U.S. vaccine system.
Trump administration unveils proposals to cut off transgender care for minors
The proposals run counter to the recommendations of most major U.S. medical organizations.
Measles outbreaks worsen in South Carolina, Arizona and Utah
Nationally, the measles case count is nearing 2,000 for a disease that has been considered eliminated in the U.S. since 2000, a result of routine childhood vaccinations.
He made his brothers see a cardiologist. Each had advanced heart disease.
Kevin Murray was his family's health watchdog. His vigilance helped his brothers "avoid a real catastrophe."
Millions of Americans could see health plan costs double as ACA credits vanish
"I don't know how I'm going to pay for this," said one person with an Affordable Care Act plan that will cost her $1,100 a month starting in January.
World
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3 killed in knife attack in Taiwan, suspect falls to his death from store
Police said the suspect was declared dead at a hospital after jumping from the building's sixth floor, the Central News Agency reported.
Ukraine claims strike on oil tanker as Putin plays down peace prospects
Putin claims no "willingness from Ukraine" to negotiate a peace deal as he touts battlefield gains, and Kyiv claims a brazen strike on a ship far from Russia.
Australia announces gun buyback plan just days after Bondi Beach attack
Australia will use a sweeping buyback scheme to "get guns off our streets," Prime Minister Anthony Albanese said Friday.
TikTok signs deal for sale of U.S. operations to American investors
TikTok's China-based parent company ByteDance must sever ties with TikTok or lose access to U.S. app stores and web-hosting services
Witkoff to meet with Kremlin envoy in Miami on U.S. peace plan for Ukraine
A U.S. official says a Kremlin envoy will travel to Florida to discuss a U.S.-proposed plan to end the war in Ukraine.
Entertainment
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Kiefer Sutherland recalls "extraordinary" day on set with Rob Reiner
Kiefer Sutherland recalls Rob Reiner's reaction to filming Jack Nicholson's famous scene in "A Few Good Men."
Albert Brooks remembers his "oldest friend" Rob Reiner
Albert Brooks said he's still in shock over the death of his friend Rob Reiner, whom he met at 14 years old.
Kathy Bates says Rob Reiner "changed the course of my life" with "Misery" role
Kathy Bates rose to prominence with her Oscar-winning breakout role in Rob Reiner's adaptation of Stephen King's "Misery" in 1990.
Jelly Roll pardoned by Tennessee governor for robbery, drug convictions
Jelly Roll had said a pardon would make it easier for him to travel internationally for concert tours and to perform Christian missionary work without requiring burdensome paperwork.
Gloria Gaynor on how "I Will Survive" empowered her through a dark time
Gloria Gaynor told "CBS Mornings" her hit 1978 song gave her hope during one of the most difficult periods of her life.
Technology
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DraftKings hopes to score big with new prediction markets app
Sports betting companies face mounting competition from rapidly growing prediction markets such as Kalshi and Polymarket.
Japanese woman marries AI boyfriend
People are starting to develop lasting connections with artificial technology. Melissa J. Perry, the dean of the College of Public Health at George Mason University, joins CBS News with more details.
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.
TikTok nears deal to avoid U.S. ban
TikTok has signed a deal to sell its U.S. operations to a group of investors in America, a source familiar with the deal tells CBS News. Jo Ling Kent has more.
Instacart to pay $60M in refunds over allegations it deceived customers
Instacart's "unlawful tactics" hurt shoppers and raised the cost of groceries, according to the FTC.
Science
More Science
Major climate research center on Trump administration chopping block
The Trump administration intends to dismantle one of the world's leading climate research institutions, in Boulder, Colorado, over what it said were concerns about "climate alarmism."
Researchers capture video of rare polar bear adoption
The footage of a bear caring for an adopted cub was captured during the annual polar bear migration along the Western Hudson Bay in Churchill, Manitoba.
Dinosaur tracks showing "herds moving in synchrony" found in Italy
Most of the footprints are elongated and made by bipeds. The best-preserved ones bear traces of at least four toes.
Interstellar comet is making its closest approach to Earth
NASA continues to aim its space telescopes at the visiting ice ball, estimated to be up to 3.5 miles in size.
Fossil footprints in Bolivia reveal dinosaurs' awkward attempts to swim
Paleontologists have discovered and documented 16,600 footprints left by theropods, the dinosaur group that includes the Tyrannosaurus rex.
Crime
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Crime
Details on Brown shooting investigation
More details are emerging about the suspect in the Brown University shooting, who is also being linked to the murder of an MIT professor. Anna Schecter reports, and Nancy Cordes has more on a visa program for foreigners that is being impacted as a result of the attacks.
3 killed in knife attack in Taiwan, suspect falls to his death from store
Police said the suspect was declared dead at a hospital after jumping from the building's sixth floor, the Central News Agency reported.
Timeline of gunman in Brown University and MIT professor shootings
Investigators are piecing together a detailed timeline of Claudio Neves Valente's actions before, during and after the Brown and MIT shootings.
RI attorney general on shooting suspect
A man approached a Providence, Rhode Island, officer with details on the Brown University shooting suspect and helped break the case open for officials, Rhode Island Attorney General Peter F. Neronha tells CBS News.
Trump administration Epstein files release
Deputy Attorney General Todd Blanche said Friday that only a partial set of the Epstein files will be released on the date mandated by a law signed by President Trump. Aysha Bagchi, a correspondent for USA Today, joins CBS News with more.
Space
More Space
Jared Isaacman, billionaire who's flown with SpaceX, confirmed to lead NASA
President Trump withdrew Isaacman's nomination for NASA administrator in April, before nominating him again in November.
Interstellar comet is making its closest approach to Earth
NASA continues to aim its space telescopes at the visiting ice ball, estimated to be up to 3.5 miles in size.
"Wet lava ball" exoplanet may have an atmosphere, evidence shows
Super-Earth TOI-561b is about 40 times closer to its host star than Mercury is to the sun.
NASA says Maven spacecraft that was orbiting Mars has gone silent
NASA has lost contact with a spacecraft that's been orbiting Mars for more than a decade.
Black hole spotted blasting winds at 130 million miles per hour
The European Space Agency said that the black hole inside the spiral galaxy NGC 3783 has the mass of 30 million suns.
Latest Galleries
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Notable Deaths in 2025
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
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.
"Son of Sam": A serial killer's reign of terror
Calling himself the "Son of Sam" in a letter left at one of the crime scenes, David Berkowitz claimed voices were ordering him to kill -- starting in the summer of 1976, he went on a 13-month spree of impulse killings in New York City that left six dead and seven injured
Latest CBS News Videos
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Latest CBS News Videos
The Uplift: Made with love
Visit a Uyghur restaurant in Southern California, where culture is shared and the food is made with love. Plus, a man who wanted to save his friends life by donating a kidney ends up saving his own life.
Details on Brown shooting investigation
More details are emerging about the suspect in the Brown University shooting, who is also being linked to the murder of an MIT professor. Anna Schecter reports, and Nancy Cordes has more on a visa program for foreigners that is being impacted as a result of the attacks.
Keith Lee on TikTok creator award
Keith Lee has been awarded the TikTok U.S. creator of the year award for his viral food reviews. Lee joined CBS News with more details on his success.
Chinese TikTok owners reach agreement
ByteDance, the Chinese company that owns TikTok, reached an agreement with a group of American investors so the popular social media app can remain in operation in the U.S., according to a source familiar with the negotiation. Megan Leonhardt, a senior writer for Barron's, joins CBS News with more.
Putin claims Russia is winning war in Ukraine
Russian President Vladimir Putin spoke for four hours during his yearly address to the nation. Putin noted the war in Ukraine as U.S. representatives continue to push for a ceasefire. CBS News' Haley Ott reports.