Unemployment benefits: Do you have to pay taxes on them?
Almost 1 in 3 jobless workers mistakenly believe their unemployment benefits are tax-free.
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Almost 1 in 3 jobless workers mistakenly believe their unemployment benefits are tax-free.
In California, artists and builders would usually be producing floats for events like the San Francisco Pride parade or July 4th celebrations.
The U.S. economy added 4.8 million jobs in June and the unemployment rate fell to 11.1% as businesses reopened, but coronavirus cases continue to rise. Both President Trump and his Democratic rival Joe Biden responded to the latest numbers Thursday morning.
Business reopenings spurred a return to work last month, but many hirings are now on hold again as COVID cases rise.
The economy added another 4.8 million jobs in June, dropping the new unemployment rate to 11.1%. CBS News business analyst Jill Schlesinger joins "CBS This Morning" to discuss whether the data indicates the beginning of economic recovery.
CARES Act directs money to run through July 31. But the fine print says some states will cut it off a week earlier.
Nearly 1.5 million Americans filed for unemployment last week even as more states reopened their economies. Frances Stacy, director of portfolio strategy at Optimal Capital, joins CBSN to break down the numbers.
Nearly 1.5 million Americans filed for unemployment as the coronavirus continues to hurt the job market.
Dallas Federal Reserve Bank President Robert Kaplan says the unemployment rate could be "as high as 8% or more" at the end of 2020.
Casinos in Las Vegas and other cities in Nevada reopened earlier this month, allowing the gaming industry to bring some of its employees back to work. Undocumented workers there were hit especially hard by unemployment. In Michigan, casinos remain closed, leaving workers desperate. CBS News 2020 campaign reporters Alex Tin and Adam Brewser join CBSN's Lana Zak with a look at those situations in this edition of "COVID Chronicles."
The Federal Reserve says it does not expect unemployment to reach pre-coronavirus lows until 2022 at the earliest. The Central Bank is predicting a 9.3% unemployment rate at year's end and a 6.5% unemployment rate at the end of 2021. The Washington Post's economic correspondent Heather Long joined CBSN to discuss the Fed's expectations.
Americans are currently facing the convergence of a pandemic, economic crisis, and impassioned conversation about race. Elaine Quijano discusses this with CBS News correspondent Nikole Killion; CBSN political reporter Caitlin Huey-Burns; CBSN political contributor and Democratic strategist Joel Payne; and Republican strategist Joseph Pinion, for a special edition of "Red and Blue."
1 in 6 Americans in the workforce is now receiving jobless benefits, with tens of millions unemployed.
The Labor Department says another 1.5 million workers filed for jobless aid last week. CBS News business analyst Jill Schlesinger breaks down the numbers.
More than 1.5 million Americans filed for unemployment last week, bringing the total jobless claims to over 44 million in the last 12 weeks. CBS News business analyst Jill Schlesinger joins "CBS This Morning" to explain why weekly job losses continue despite a big gain in May and why the Labor Department's own data is confusing.
More than 2 million Americans either filed unemployment claims or sought aid for the self-employed last week. Frances Stacy, director of portfolio strategy at Optimal Capital, joins CBSN to talk about the new numbers and progress towards reopening the economy.
While the pace of layoffs around the country has declined, 30 million Americans are receiving jobless aid.
Central bank expects unemployment to remain above by 9% by year-end and for joblessness to remain elevated into 2022.
Although the job market has likely touched bottom, how fast it breaks for the surface is anyone's guess.
Some fraudsters are targeting people with false job offer and phony assistance filing for jobless aid.
President Trump said Friday that May's jobs report is the first step in the country's comeback from the coronavirus pandemic; and that it will help race relations. CBS News chief Washington correspondent Major Garrett, CBSN political contributor and Democratic strategist Joel Payne and Republican strategist Joseph Pinion join CBSN to discuss.
The future is uncertain for many who recently graduated from college, trade schools or vocational programs. The coronavirus pandemic has led to an economic downturn, and many companies are now on a hiring freeze, and even rescinding job offers. CBS News campaign reporters Cara Korte and Zak Hudak spoke with some of these students whose lives are now in limbo.
The U.S. economy added 2.5 million jobs in May, stunning experts who anticipated losses on the scale of the Great Depression. Jill Schlesinger joins "CBS This Morning: Saturday" to discuss the new 13.3% unemployment rate and the outlook for Americans and the country as it recovers from the coronavirus pandemic.
President Trump appeared energized at a Friday press conference where he touted the latest jobs report, which says the U.S. economy added 2.5 million jobs last month. This comes at the end of a week of harsh criticism from both sides of the aisle for the president, over his response to protests and racial issues roiling the country. Ben Tracy reports on the latest from Mr. Trump at the White House.
President Trump is hailing a surprising drop in the unemployment rate. Paula Reid reports.
Former Cuban leader Raúl Castro was indicted by a U.S. grand jury in connection with the Cuban military's fatal downing of two planes in 1996.
Asked what he said to Israel's leader about a decision to hold off on new Iran strikes, Trump said Netanyahu will "do whatever I want him to do."
A federal judge ordered White House staff and President Trump's top advisers to comply with a law that requires certain presidential records to be preserved.
In his application letter, attorney Mike Howell proposed organizing a national gathering of "thousands of victims of weaponization," including those involved in the Jan. 6, 2021, Capitol riot.
A former federal prosecutor was charged this week with emailing herself a report on the Justice Department's investigation into President Trump that a judge had kept under lock and key, under the file name "Bundt_Cake_Recipe.pdf."
A Democratic House candidate in Texas is facing widespread condemnation and accusations of antisemitism from her own party.
An Air France flight from Paris to Detroit, Michigan, was forced to divert to Montreal, Canada, on Wednesday due to U.S. flight restrictions linked to the Ebola outbreak.
Former CIA Director John Brennan is the subject of two criminal probes being led by the Miami-area U.S. Attorney's Office.
The Department of Homeland Security is set to implement new entry restrictions beginning Thursday for foreign travelers coming to the U.S. from countries at the center of the latest Ebola outbreak.
An Air France flight from Paris to Detroit, Michigan, was forced to divert to Montreal, Canada, on Wednesday due to U.S. flight restrictions linked to the Ebola outbreak.
The Department of Homeland Security is set to implement new entry restrictions beginning Thursday for foreign travelers coming to the U.S. from countries at the center of the latest Ebola outbreak.
Vanessa Trump, 48, was married to Donald Trump Jr. for 12 years. They share five children together.
Cassidy, who lost his reelection bid last week, called for leaders who are "steady, not erratic" and "thoughtful, not impulsive."
These kinds of intelligence forecasts attempt not only to show the immediate consequences of an American action, but the chain of reactions that may follow.
Elon Musk's SpaceX is moving ahead with plans to go public in what some expect will be the biggest IPO ever.
U.S. motorists are likely to face even hotter gas prices as the summer driving season kicks off, according to a new analysis.
U.S. government bonds are sagging as investors fret that hotter inflation will keep interest rate cuts on hold.
Gas prices, airfares, accommodations and other vacation essentials are more expensive this year compared to last year.
The Amazon founder said eliminating taxes for lower-income Americans could ease financial pressure and encourage entrepreneurship.
A Democratic House candidate in Texas is facing widespread condemnation and accusations of antisemitism from her own party.
The Department of Homeland Security is set to implement new entry restrictions beginning Thursday for foreign travelers coming to the U.S. from countries at the center of the latest Ebola outbreak.
In his application letter, attorney Mike Howell proposed organizing a national gathering of "thousands of victims of weaponization," including those involved in the Jan. 6, 2021, Capitol riot.
Cassidy, who lost his reelection bid last week, called for leaders who are "steady, not erratic" and "thoughtful, not impulsive."
These kinds of intelligence forecasts attempt not only to show the immediate consequences of an American action, but the chain of reactions that may follow.
Vanessa Trump announced on Instagram that she has been diagnosed with breast cancer and is working with her doctors on a treatment plan.
Noah Wyle, who stars in HBO's "The Pitt," joins "CBS Mornings" with Dr. Elisabeth Potter to discuss their push to improve mental health and quality of life for healthcare workers.
A CBS News medical correspondent and doctor says her "biggest concern for the World Cup is actually measles. It's not hantavirus, it is not Ebola."
WHO chief Tedros Adhanom Ghebreyesus says risks from the Ebola outbreak in Congo and Uganda are "high at the national and regional levels, and low at the global level."
Congress' decision not to extend enhanced marketplace tax credits has boosted the appeal of alternative health coverage with lower monthly premiums.
An Air France flight from Paris to Detroit, Michigan, was forced to divert to Montreal, Canada, on Wednesday due to U.S. flight restrictions linked to the Ebola outbreak.
These kinds of intelligence forecasts attempt not only to show the immediate consequences of an American action, but the chain of reactions that may follow.
The Russian jets intercepted the U.K. aircraft with one jet flying as close as 19 feet to the British plane's nose, officials said.
Former Cuban leader Raúl Castro was indicted by a U.S. grand jury in connection with the Cuban military's fatal downing of two planes in 1996 — an escalation in the U.S. pressure campaign against the Cuban government.
Italy and France have summoned the Israeli ambassadors in their respective capitals after Itamar Ben-Gvir, his national security minister, posted the video.
Comedian and media mogul Byron Allen brings "Comics Unleashed" to CBS's late night slot, replacing "The Late Show With Stephen Colbert."
Ahead of the premiere of "The Late Show" in August 1993, host David Letterman sat down with "CBS This Morning" to discuss his break from his previous late night show, what viewers could expect from his CBS debut and more.
Comedian and media mogul Byron Allen sits down with "CBS Mornings" to discuss his show "Comics Unleashed" and its transition into the CBS late night spot.
Actress Michelle Monaghan joins "CBS Mornings" to talk about her 24-hour wellness cycle and why it's important to get quality sleep and consistent energy. (Sponsored by Natrol)
Actor Beanie Feldstein told "CBS Mornings" she and wife Bonnie-Chance Roberts are expecting a baby girl.
Cementing its status as the world's most valuable company, Nvidia reported record revenue in its latest earnings report. Britney Nguyen, Nvidia and chips reporter at MarketWatch, joins with analysis.
Artificial intelligence is prompting Google to change its iconic search bar for the first time in more than 25 years. Mashable tech editor Tim Werth joins CBS News to discuss.
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.
The Defense Department says it wants to be "AI-first," but some service members are concerned about how quickly the technology is developing. Chris Livesay reports.
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.
The pictures represent the longest-distance ever seen between two pictures of the same humpback whale, researchers said.
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.
A social media influencer and her father are accused of plotting to kill her famous singer ex, amid a bitter years-long custody dispute, court documents show. Jonathan Vigliotti is following the case.
Acting Attorney General Todd Blanche announced murder and conspiracy charges Wednesday against former Cuban leader Raúl Castro and five others over the downing of two planes in 1996.
Larry Bushart, who spent 37 days in jail over his Facebook post about the assassination of conservative activist Charlie Kirk, will get $835,000 to settle a lawsuit against Tennessee officials. CBS News' Shanelle Kaul reports.
Court records reveal more details about the Mango founder's son, Jonathan Andic, who was arrested Tuesday in connection to his father's 2024 death. Leigh Kiniry reports.
More details are emerging on the victims and two gunmen from the deadly shooting at the Islamic Center of San Diego. Lana Zak reports.
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.
In a historic move, Harvard University faculty members have voted to limit the number of "A" grades given to undergraduates to curb rising grade inflation. Axios Boston reporter Mike Deehan joins "The Daily Report" with more.
Home Depot, Target, Lowes and TJ Maxx all beat expectations with their first quarter earnings and revenue reported on Wednesday. Target had their strongest gains in years. CBS News senior business and tech correspondent Jo Ling Kent has more.
President Trump said he does not think there will be any additional escalation following the Justice Department's indictment of former Cuban leader Raúl Castro. CBS News national correspondent Lilia Luciano breaks down the situation.
Metropolitan Police officer Daniel Hodges is one of two law enforcement officers who defended the Capitol during the Jan. 6 riots and is suing to block the Trump administration's nearly $1.8 billion so-called "anti-weaponization" fund. He joins "The Daily Report" to discuss why.
Breaking down Tuesday's primaries as another Republican who broke with Trump falters; U.S. indicts Raúl Castro.