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The coronavirus pandemic continues to wreak havoc on the U.S. economy as more than 6.6 million Americans filed for unemployment in the last week. Farmers also worry they won’t have enough workers and that demand will drop without schools and restaurants open. Danya Bacchus reports.
CBS News business analyst Jill Schlesinger talks with Harvard professor Kenneth Rogoff for a historical perspective of this week’s 6.6 million new jobless figures.
A New York City restaurant owner says she's concerned about the well-being of the employees she's had to lay off as the novel coronavirus grips the region.
"We see you. We feel your sorrow. You are not alone, even in this moment of deep loneliness." John Dickerson on how we can respond to those who are suffering from losses caused by COVID-19.
This week on 60 Minutes, Danny Meyer tells Scott Pelley how the coronavirus is impacting his restaurants and the whole industry. In 2007, he told 60 Minutes about the success of his Shake Shack chain and his "no tipping" policy.
The number of Americans applying for unemployment continues to soar to historic levels. More than 16 million jobs have been lost since the COVID-19 pandemic began taking its toll on the U.S. economy. Sibile Marcellus, a reporter for Yahoo Finance, joined CBSN to talk about the impact.
Jobless claims are surging as businesses are forced to shut their doors amid the coronavirus pandemic. Meanwhile, President Trump is considering when the economy will reopen. CBS News White House correspondent Ben Tracy joins CBSN with the latest.
Just over half of all American workers are employed by small businesses (companies with 500 or fewer employees), and according to the U.S. Chamber of Commerce, nearly a quarter of those small businesses could close permanently within two months without a financial lifeline. CBS News business analyst Jill Schlesinger talks to some small business owners who are trying to maintain their (and their employees') livelihoods in a time of tremendous uncertainty.
Neel Kashkari, the president and CEO of the Federal Reserve Bank of Minneapolis, says more economic help for individuals and businesses could be needed for months.
Millions of Americans have lost their jobs or been furloughed due to the coronavirus pandemic, but reopening the economy too soon could make things even worse. Former FDA Commissioner Dr. Scott Gottlieb joins "CBS Evening News" with more on what it will take to get America back to work.
Dr. Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases and member of the White House Coronavirus Task Force, joins "CBS Evening News" with his expertise on reopening the economy and possible coronavirus vaccines.
Another 5.2 million people filed for unemployment last week, according to the latest jobs report, as the coronavirus continues to slam the U.S. economy. A total of 22 million people have filed claims in the last four weeks, accounting for nearly 13% of the workforce. Optimal Capital's Director of Strategy Frances Stacy joined CBSN to discuss the impact.
California Governor Gavin Newsom announced the creation of a task force to help reopen the state's economy, the fifth-largest in the world, amid the coronavirus pandemic. Watch his remarks.
An estimated 22 million Americans filed for unemployment, a grim reflection of the coronavirus pandemic's toll on the U.S. economy. However, a few businesses are thriving and even hiring as certain industries see booming sales. Jamie Yuccas speaks to people who are part of those industries.
CBS News' Mark Strassmann reports from Atlanta on the growing crisis.
60 Minutes correspondent John Dickerson offers his thoughts on how 50 different state executives must lead the way in reopening the country.
Missed the second half of the show? The latest on testing supplies for the coronavirus in America, the U.S. Chamber of Commerce is expecting a deal in Congress for additional funding for the small business loan program and how the King of Jordan managed the spread of COVID-19.
Treasury Secretary Steve Mnuchin indicated an agreement has been reached with the Senate to replenish the Paycheck Protection Program and increase funding for hospitals. Meanwhile, President Trump and Democrats continue to clash over the scale of coronavirus testing in the U.S. Nikole Killion reports.
The $350 billion fund meant to help struggling small businesses hit by covid-19 has run out of cash. Funds from the Paycheck Protection Program were exhausted in less than two weeks and there are now questions about where the money went. CBS News Moneywatch senior reporter Stephen Gandel joined CBSN to explain which businesses were approved for the first round of loans.
House Republicans Brian Mast and Micheal Schultz are some of the GOP lawmakers returning to Washington to demand Congress fully reopen. Politico congressional reporter Melanie Zanona joins CBSN to discuss their plan and the possibility of proxy voting.
Another 4.4 million Americans filed initial jobless claims last week, bringing the total number of workers who have lost their jobs since the coronavirus outbreak to more than 26 million. CBS MoneyWatch contributor Aimee Picchi joins CBSN to discuss what you can do to manage your finances if you have been furloughed or laid off.
Thursday’s report of another 4.4 million jobless claims reflects the depth of the U.S. economic crisis triggered more than a month ago by the coronavirus pandemic. Frances Stacy, the director of portfolio strategy at Optimal Capital, joined CBSN to break down what the latest figures mean.
At least 1 in 6 American workers has lost a job since the coronavirus pandemic broke out. This brings the total to more than 26 million over the last five weeks. Mark Strassmann has the latest.
This week saw another significant spike in unemployment claims. Just over 4 million Americans filed for unemployment, bringing the pandemic's five-week total to roughly 26 million people without jobs. President Trump recently signed off on nearly $500 billion extra in addition to the initial coronavirus stimulus package, designed to help mitigate the pandemic's blow to the economy. Jill Schlesinger joins "CBS This Morning: Saturday" to discuss what all of this means for the U.S. and American workers.
"There's great debate about how much this will ultimately take", CEO Brian Moynihan told "Face the Nation" on Sunday.
President Trump's comments came shortly after he said that the U.S. military had conducted "one of the most power bombing raids" on a vital Iranian oil hub.
With oil markets paralyzed by the U.S.-Iran war, the Trump administration says it could escort ships through the Strait of Hormuz — a massive undertaking that experts say could already be in the preparatory stages.
Hamas called on Iran to refrain from targeting neighboring countries, while affirming Tehran's right to defend itself.
The stolen gun used in the Old Dominion University was sold this week to the shooter for $100, according to a federal law enforcement affidavit.
The State Department is seeking information on Iran's new supreme leader and nine other "key leaders" in the Islamic Revolutionary Guard Corps.
The attack hit four districts, damaging residential buildings, educational institutions and critical infrastructure, officials said.
His predecessor, Pope Francis, lived in a simple apartment in the Santa Marta guesthouse in the Vatican.
The attacker rammed a vehicle into Temple Israel in West Bloomfield and opened fire, but he was the only one killed, law enforcement officials said.
The Trump administration's Medicare boss reacts to CBS News investigation into California's hospice fraud problems.
Federal Communications Commission Chair Brendan Carr did not name specific networks, but his post included a reference to a Saturday morning Truth Social post from the president.
The attorney for former U.S. Sen. Kyrsten Sinema says she shouldn't be subject to a lawsuit by the ex-wife of her former lover.
TSA officers faced their first full missed paycheck Friday.
U.S. Navy Seaman 1st Class Clyde C. McMeans, 26, was one of the 103 USS California crewmen killed during attacks on Pearl Harbor in 1941.
Clinton, New Jersey, is known primarily for its old grist mill, its quaint downtown, and its historic resident, "Dave the Rave."
With oil markets paralyzed by the U.S.-Iran war, the Trump administration says it could escort ships through the Strait of Hormuz — a massive undertaking that experts say could already be in the preparatory stages.
U.S. gas prices are surging as the Iran war drives up the global cost of oil. But what exactly accounts for what you pay at the pump?
Planning a trip? Travel experts recommend booking your flight soon as the Iran war drives up airline and ticket costs.
Two Democratic lawmakers are proposing tax reforms that would eliminate federal income taxes for millions of Americans.
Parts defect affecting Highlander and Highlander Hybrid vehicles can increase the risk of injury, according to a safety notice. Here's what to know.
Federal Communications Commission Chair Brendan Carr did not name specific networks, but his post included a reference to a Saturday morning Truth Social post from the president.
TSA officers faced their first full missed paycheck Friday.
The State Department is seeking information on Iran's new supreme leader and nine other "key leaders" in the Islamic Revolutionary Guard Corps.
With oil markets paralyzed by the U.S.-Iran war, the Trump administration says it could escort ships through the Strait of Hormuz — a massive undertaking that experts say could already be in the preparatory stages.
Jan Carey was facing two misdemeanor criminal counts in Washington, D.C., federal court.
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.
Crystalline silica, which is released into the air when workers cut and polish engineered stone for kitchen countertops, can scar human lungs beyond repair.
Last summer, the Trump administration announced a voluntary pledge by health insurers to reform prior authorization, but patient advocates and medical providers remain skeptical.
His predecessor, Pope Francis, lived in a simple apartment in the Santa Marta guesthouse in the Vatican.
Kharg Island is a small, heavily fortified, and strategically valuable island off Iran's northern coast.
The attack hit four districts, damaging residential buildings, educational institutions and critical infrastructure, officials said.
The wild boar sparked a police response that drew in officers and veterinarians equipped with a tranquilizer gun, shields and even a blowgun.
Hamas called on Iran to refrain from targeting neighboring countries, while affirming Tehran's right to defend itself.
Pascal Rostain, one of the last-standing "traditional" paparazzi photographers, talks to "CBS Saturday Morning" about how the industry has changed in a world of smartphones and social media.
Kat Rosenfield, a culture writer for the Free Press, joins "CBS Saturday Morning" to preview the 98th Academy Awards and discuss her new novel, "How to Survive in Woods." The Free Press is a Paramount publication.
Jay Buchanan is the frontman for the Grammy-nominated rock group Rival Sons. Outside of the band, he's collaborated with Brandi Carlile, Jason Isbell, and the Bee Gees' Barry Gibb. His debut solo album, Weapons of Beauty, is out now. Here's Jay Buchanan performing "Deep Swimming."
Jay Buchanan is the frontman for the Grammy-nominated rock group Rival Sons. Outside of the band, he's collaborated with Brandi Carlile, Jason Isbell, and the Bee Gees' Barry Gibb. His debut solo album, Weapons of Beauty, is out now. Here's Jay Buchanan performing "Sway."
Jay Buchanan is the frontman for the Grammy-nominated rock group Rival Sons. Outside of the band, he's collaborated with Brandi Carlile, Jason Isbell, and the Bee Gees' Barry Gibb. His debut solo album, Weapons of Beauty, is out now. Here's Jay Buchanan performing "True Black."
A community in Alabama is pushing back against a solar farm that would power an artificial intelligence data center in the state. CBS News reporter Kati Weis has more.
Jury deliberations are underway in a landmark social media trial about addiction claims. CBS News correspondent Carter Evans has the details.
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.
For one week, three New Jersey high schoolers agreed not to take their phones to bed, and to try different tools to reduce screen time.
The Trump administration has blacklisted AI giant Anthropic, labeling it a supply chain risk. The company has sued in response. New York Times tech reporter Sheera Frenkel joins CBS News to break down the feud.
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.
On the evening of Christmas 1776, Gen. George Washington surprised the King's forces by leading the Continental Army in a surprise crossing of a near-frozen Delaware River - a watershed military maneuver that dramatized a changing America, and a changing climate.
Suspect Christian Barrios, 32, shot two people multiple times Friday night, St. Johns County Sheriff Rob Hardwick said.
Prosecutors intend to seek the death penalty for Tyler Robinson, 22, who is charged with aggravated murder in the Sept. 10 shooting of Charlie Kirk.
The suspect in the Michigan synagogue attack died from a self-inflicted gunshot wound, the FBI said at a news conference on Friday. CBS News correspondent Ash-har Quraishi has the latest.
Officials in Michigan gave an update about Thursday's synagogue car ramming attack that the FBI is investigating as a "targeted act of violence against the Jewish community." CBS News national security contributor Sam Vinograd has more.
The U.S. is on high alert after two separate domestic attacks on Thursday: A shooting at Old Dominion University, and a car ramming at a Michigan synagogue. CBS News justice correspondent Scott MacFarlane has the latest details on the incidents.
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.
The Van Allen probe's mission was meant to last two years, but ended up going for nearly seven.
NASA has announced a major overhaul of its Artemis moon program amid ongoing safety concerns. CBS News space consultant Bill Harwood has more details.
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.
President Trump's announcement about strikes on Kharg Island has sparked more questions about the potential of U.S. military boots on the ground.
Pascal Rostain, one of the last-standing "traditional" paparazzi photographers, talks to "CBS Saturday Morning" about how the industry has changed in a world of smartphones and social media.
Since Raoul's landed on Prince Street in New York's SoHo neighborhood 50 years ago, it's become one of the city's most prized bistros. "CBS Saturday Morning" goes behind the scenes to learn more about the story behind the legendary family business.
Kat Rosenfield, a culture writer for the Free Press, joins "CBS Saturday Morning" to preview the 98th Academy Awards and discuss her new novel, "How to Survive in Woods." The Free Press is a Paramount publication.
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