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.
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Some 857,000 Americans sought unemployment aid last week, a sign the labor market is losing momentum.
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.
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.
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.
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.
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.
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.
CBS News' Mark Strassmann reports from Atlanta on the ongoing impacts of the coronavirus pandemic.
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.
Working in industries hit hard by the coronavirus — along with racism — are to blame, experts say.
Although the U.S. job market is gradually rebounding, the road to recovery is likely to take years.
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.
U.S. employers added 1.4 million jobs in August, although the pace of hiring has slowed this summer.
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.
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.
Nearly 1.6 million applied for assistance in the last week of August, with half seeking self-employed aid.
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.
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.
Optimal Capital director Frances Stacy joined CBSN to break down the latest unemployment report and give insight into how Hurricane Laura may impact oil prices across the U.S.
President Trump signed the order almost three weeks ago to provide "immediate" relief to jobless workers.
Storm damage could sap a quarter of the emergency fund President Trump tapped to pay unemployment benefits.
The number of Americans seeking aid dipped slightly from the prior week but remained at historically high levels.
Consumer confidence in the U.S. fell in August to the lowest it's been in six years amid the coronavirus pandemic. Axios market editor Dion Rabouin joined "Red and Blue" to discuss the impact this could have on the nation's economic growth in the near future.
COVID has cost many their jobs and access to medical care in the midst of a public health catastrophe, study finds.
Thirty states have received approval from FEMA for the extra benefits aimed at helping jobless workers.
Trump says he scrapped a planned attack on Iran at the request of Gulf allies as "serious negotiations" on a peace deal are underway.
Four Republicans voted with nearly all Democrats to advance the Iran war powers measure, with GOP Sen. Bill Cassidy joining the Republican defectors for the first time.
The Internal Revenue Service is permanently barred from pursuing claims against President Trump or his company based on prior tax returns, part of a controversial settlement deal between the Justice Department and Mr. Trump.
CBS News was unable to determine what type of mines were in involved in this latest assessment.
One Republican lawyer close to the administration told CBS News that they expect the fund to face court challenges even though "a lot of people in MAGA world are already counting their money."
The indictment, which was first reported by CBS News, marks the latest in a series of probes by the Justice Dept. related to the COVID-19 pandemic.
Luigi Mangione supporters have loudly made their feelings known outside every court appearance, but several are now in court with official press passes.
A security guard who was among the victims killed in a shooting at the Islamic Center of San Diego is being hailed for his heroism and bravery during the attack.
Polls are beginning to close Tuesday for primaries in several states, including the most expensive House primary in history.
The imam of a San Diego mosque that was targeted in Monday's shooting told CBS News that his community has seen a "rise" in "Islamophobia and anti-Muslim sentiment" in recent years.
CBS News was unable to determine what type of mines were in involved in this latest assessment.
But most GOP voters want candidates who'd back most or everything Trump wants.
Luigi Mangione supporters have loudly made their feelings known outside every court appearance, but several are now in court with official press passes.
The indictment, which was first reported by CBS News, marks the latest in a series of probes by the Justice Dept. related to the COVID-19 pandemic.
A summer job was once a seasonal tradition for millions of American teenagers. No more — here's why fewer young people are expected to clock in when school ends.
Polymarket users can now trade on private companies' valuations, IPOs and secondary market activity.
Buyers can still find lower-cost homes in some midsize cities, especially across the Rust Belt and Sun Belt, a new analysis finds.
Many Americans are signaling disapproval of the technology amid fears that it will eclipse already competitive entry-level jobs.
Police in Spain arrested the son of Isak Andic, the billionaire founder of the Spanish fashion brand Mango, for allegedly having played a role in his December 2024 death.
CBS News was unable to determine what type of mines were in involved in this latest assessment.
But most GOP voters want candidates who'd back most or everything Trump wants.
Four Republicans voted with nearly all Democrats to advance the Iran war powers measure, with GOP Sen. Bill Cassidy joining the Republican defectors for the first time.
The Internal Revenue Service is permanently barred from pursuing claims against President Trump or his company based on prior tax returns, part of a controversial settlement deal between the Justice Department and Mr. Trump.
The indictment, which was first reported by CBS News, marks the latest in a series of probes by the Justice Dept. related to the COVID-19 pandemic.
An uptick in people skipping Obamacare premium payments in many states suggests the Affordable Care Act's rising costs are hitting home for 2026 enrollees.
A missionary doctor who was serving in Congo will receive treatment in Germany after testing positive for Ebola. Skyler Henry has the latest.
An American medical missionary in the Democratic Republic of the Congo was evacuated after testing positive for Ebola.
The virus behind the latest Ebola outbreak is the Bundibugyo virus, which is less common and there is no vaccine or treatment.
The Trump administration announced it's restricting people who don't have U.S. passports from entering the country if they have been in Congo, South Sudan or Uganda amid the Ebola outbreak.
Four Republicans voted with nearly all Democrats to advance the Iran war powers measure, with GOP Sen. Bill Cassidy joining the Republican defectors for the first time.
There is concern among some in the Justice Department that the pending charges against him are weak, sources said.
President Trump has been openly mulling a takeover of Cuba similar to the operation that toppled Venezuela's Nicolás Madoro. What it would mean for the regime's leaders remains to be seen. Here are some of the figures to watch.
Iranian state media showed wedding ceremonies in Tehran for dozens of couples said to have volunteered for "self-sacrifice" in the war with the U.S.
Sana Yousaf's murder in June drew nationwide condemnation and reignited debate over women's safety.
Actor Beanie Feldstein told "CBS Mornings" she and wife Bonnie-Chance Roberts are expecting a baby girl.
Actor Beanie Feldstein talks about the theme of her debut children's book, which focuses on the power of friendship. She also discusses becoming a parent soon and starring in a new film with Robert De Niro.
Rob Cesternino, a 2-time "Survivor" castaway, talks about the upcoming "Survivor 50" finale, who he think will make the final three and who is his favorite to win the game.
Golden Globe-nominated actor Hayden Panettiere shares her story and opens up about life in the spotlight as a young actor, postpartum depression and her healing journey.
Jane Pauley hosts our annual look at design. Featured: Tiny homes in your backyard; Louis Vuitton; Adobe house construction; Finland's Marimekko; domino art; Philadelphia food favorites; chandeliers; Longwood Gardens; rare maps; and director Jon Favreau of "The Mandalorian and Grogu."
Privacy concerns about artificial intelligence are growing after people discovered that chatbots are sharing their real phone numbers. Eileen Guo, investigative tech reporter for MIT Technology Review, joins to discuss.
A California jury on Monday unanimously dismissed Elon Musk's lawsuit against OpenAI and its top executives. CBS News legal contributor Jessica Levinson breaks down the case.
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.
A California jury on Monday unanimously dismissed Elon Musk's lawsuit against OpenAI and Sam Altman. CBS News senior business and technology correspondent Jo Ling Kent reports.
California jury dismissed all charges, finding that Musk missed the three-year statute of limitations to file suit.
Independent scientists say the technology, while impressive, lacks some components to be truly considered an artificial egg.
The upcoming El Niño could trigger frequent and widespread flooding in coastal areas around the United States, even when storms aren't actively taking place, scientists warn.
The long-necked herbivore is the largest ever found in Southeast Asia, researchers said.
The last time an El Niño pattern occurred was in 2023, when the Eastern Pacific hurricane season produced 20 tropical systems.
NASA's Psyche spacecraft will slingshot past Mars on Friday, on its way toward a rare metal-rich asteroid.
Imam Taha Hassan of the Islamic Center of San Diego tells CBS News about the beloved security guard and members of his mosque who died "sacrificed their lives for the entire community" during Monday's shooting.
Investigators gave an update Tuesday on Monday's deadly shooting at a mosque in San Diego. CBS News' Lana Zak and Anna Schecter have the latest.
Luigi Mangione supporters have loudly made their feelings known outside every court appearance, but several are now in court with official press passes.
Officials in San Diego took questions Tuesday about Monday's shooting at the Islamic Center of San Diego, giving new details on some of the heroic actions taken by the three victims to draw the shooters away from the children who were present at the mosque. Following the news conference, CBS News national correspondent Lana Zak provided additional reporting.
Mayor Todd Gloria joins CBS News to discuss Monday's shooting at the Islamic Center of San Diego that killed three people.
The International Space Station-bound SpaceX Cargo Dragon is loaded with 6,500 pounds of needed equipment, research gear and crew supplies.
Researchers expected to find "a gradual increase in artificial light at night," but instead saw "much more nuanced patterns," NASA said.
NASA's Psyche spacecraft will slingshot past Mars on Friday, on its way toward a rare metal-rich asteroid.
NASA's Apollo 17 crew reported seeing three mysterious dots and sparks that resembled fireworks, according to new files released by the Pentagon.
Defense Secretary Pete Hegseth said in a statement that the documents "have long fueled justified speculation — and it's time the American people see it for themselves."
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.
The United Arab Emirates on Tuesday alleged that Iran-backed Shiite militias in Iraq attacked one of its nuclear power plants. CBS News national security analyst Aaron MacLean joins with more.
The redistricting battle between Republicans and Democrats across the U.S. will shape the November midterms. Kyle Kondik, CBS News contributor and managing editor of Sabato's Crystal Ball at the University of Virginia Center for Politics, joins to discuss.
Kentucky and Pennsylvania are among the states holding primary contests on Tuesday night. CBS News executive director of elections and surveys Anthony Salvanto joins with analysis.
Georgia voters are at the polls on Tuesday for primary day, casting ballots in two primary races with national attention: Senate and governor. CBS News correspondent Skyler Henry reports from Atlanta.
U.S. Army Sergeant First Class Jose Serrano tells CBS News that ICE arrested his wife, Deisy Rivera Ortega, even though they were following the rules.