Brace for the "single worst jobs report in history"
More than 25 million Americans likely lost their jobs last month — far more than during the entire Great Recession.
Watch CBS News
More than 25 million Americans likely lost their jobs last month — far more than during the entire Great Recession.
This week on 60 Minutes: Americans unemployed by coronavirus share their stories; Then, small, medium-sized farmers on edge while trade war bailout money goes to some surprising recipients; And, rural Texas hospitals and clinics are going broke.
The new Payroll Protection Program has processed more than $500 billion in loans to help small businesses survive the coronavirus lockdown, but critics say the PPP isn't doing what it was meant to. The loans will be forgiven only if businesses spend 75% of the money on their employees in just eight weeks. But, Ed O'Keefe reports that some workers have concerns about going back to work.
30 million Americans filed for unemployment in the last six weeks, as the pandemic ground the U.S. economy to a halt. Scott Pelley met a few of the many who are trying to get back on their feet.
No state has been left untouched by the jobless crisis, but some have been hit much harder than others.
60 Minutes meets with some of the 30 million American economic victims of the pandemic, Sunday at 7 p.m. ET/PT
60 Minutes reports on some of the 30 million American economic victims of the pandemic, Sunday at 7 p.m. ET/PT
The number of U.S. workers filing for unemployment remains at "unthinkable" levels, experts say.
Arizona, Florida, Indiana, Minnesota and South Carolina taking longest to connect the jobless to their jobless aid.
The Trump administration announced Thursday that it is launching "Operation Warp Speed," which will speed up the development and distribution of a potential coronavirus vaccine. CBSN political contributor and Associated Press White House reporter Zeke Miller discusses the announcement and the rest of the day's political headlines.
The latest jobs report shows an additional 3.8 million people filed for unemployment last week, bringing the total to 30.3 million people without jobs. Frances Stacy, Optimal Capital's director of portfolio strategy, joined CBSN to explain what these new numbers mean and if it's too late for the U.S. to make a V-shaped recovery.
Jessa Lewis, a self-employed single mom, is about to be three months behind in rent.
Millions of workers are now in limbo as the outbreak freezes business across the U.S.
As the coronavirus spreads, up to a quarter of U.S. workers have applied for jobless aid in the worst-off states.
One career counselor says now more than ever, finding work is about tailoring the skills you already have to the jobs that are available.
As an unprecedented 26 million Americans have filed for unemployment benefits in just five weeks, the claims system cannot handle the surge of applications. The backlog is exacerbating financial insecurity for millions of Americans who have lost their jobs. Optimal Capital market analyst Frances Stacy joins CBSN to discuss the dire economic situation.
Battered economy is dealing with a shock "the likes of which it has never seen," analysts say.
"It is terrifying," one freelancer said of seeing her income plummet while struggling to enroll for jobless benefits.
About 4.4 million Americans applied for unemployment benefits last week as the fallout from the pandemic continued.
Another 4.4 million Americans filed initial jobless claims last week. Millions of furloughed and laid-off workers are concerned about their jobs and the overall employment landscape amid the coronavirus crisis. CBS MoneyWatch contributor Aimee Picchi joins CBSN to discuss how to navigate the uncertainty.
Farmers around the U.S. have been forced to dump milk and destroy produce as schools, restaurants and other institutions remain closed due to the coronavirus pandemic.
Nearly a month after Congress expanded jobless aid to cover them, drivers say they're still waiting for help.
"I'm grateful for it, but $1,200 — I'm not sure if it covers much," said one person who has received the payment.
An estimated 17 million people could now be facing hunger, in addition to those who already battle it every day.
As more than 22 million Americans line up for unemployment benefits, nearly a third haven't even gotten first check yet.
The Justice Department has released records from the Epstein files, the first documents to come to light under a new law signed by President Trump.
It's the second time in recent weeks that the United States has interdicted a tanker, and it comes amid a large U.S. military build-up in Latin America.
The episode has deepened concerns that had already emerged from the Justice Department's much-anticipated document release.
President Trump initially signaled he would not make an endorsement at this stage, but Rep. Elise Stefanik's exit cleared the way for him to show his support for Bruce Blakeman.
Jordan confirmed that its air force took part in the U.S. air strikes "targeting several ISIS positions in southern Syria."
The Justice Department released thousands of new photos and records on Jeffrey Epstein on Friday, but at least 550 pages in the documents were fully redacted.
German engineer Michaela Benthaus is the first person with a significant physical handicap to reach space.
Some of the wounded were on a bus at the epicenter of the strike, Ukraine's Emergency Service said.
Friends and colleagues of Rob Reiner sat down with CBS News to share personal anecdotes and fond memories of him following the news of his tragic death.
The episode has deepened concerns that had already emerged from the Justice Department's much-anticipated document release.
President Trump initially signaled he would not make an endorsement at this stage, but Rep. Elise Stefanik's exit cleared the way for him to show his support for Bruce Blakeman.
The suspect was killed, and the man who called law enforcement was also injured, officials said Saturday.
German engineer Michaela Benthaus is the first person with a significant physical handicap to reach space.
Jordan confirmed that its air force took part in the U.S. air strikes "targeting several ISIS positions in southern Syria."
Tourists visiting the Trevi Fountain are now going to pay more than just the legendary coin toss over their shoulder.
Rapid emergence of AI will foster demand for new types of workers, including "explainers" and bias auditors, according to economist Robert Seamans.
Millions of people with an Affordable Care Act health plan face a massive jump in premiums next year — this chart shows just how much.
Nine drug manufacturers will offer their drugs to Medicaid recipients at most-favored-nation discounts in exchange for tariff exemptions.
A bankruptcy judge blocked an attempt by a nursing home chain's primary investor to shield himself from settlement payments and liability in lawsuits over allegations of poor care.
The episode has deepened concerns that had already emerged from the Justice Department's much-anticipated document release.
President Trump initially signaled he would not make an endorsement at this stage, but Rep. Elise Stefanik's exit cleared the way for him to show his support for Bruce Blakeman.
This week's guests include Reps. Ro Khanna and Thomas Massie, who led the push for Friday's release of the Epstein files.
It's the second time in recent weeks that the United States has interdicted a tanker, and it comes amid a large U.S. military build-up in Latin America.
Republican Rep. Elise Stefanik's decision to drop out came after President Trump signaled he would not make an endorsement in the race at this stage.
Brent Rasmussen had a massive stroke in 2023. Getting his "ho ho ho back" helped motivate his recovery.
Millions of people with an Affordable Care Act health plan face a massive jump in premiums next year — this chart shows just how much.
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.
The proposals run counter to the recommendations of most major U.S. medical organizations.
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.
It's the second time in recent weeks that the United States has interdicted a tanker, and it comes amid a large U.S. military build-up in Latin America.
To what does LEGO owe its remarkable half-century success story? CBS News visits the toy giant's Denmark headquarters to find out.
Jordan confirmed that its air force took part in the U.S. air strikes "targeting several ISIS positions in southern Syria."
The consistory, as such gatherings are called, will be held Jan. 7-8, immediately following the Jan. 6 conclusion of the 2025 Holy Year.
Tourists visiting the Trevi Fountain are now going to pay more than just the legendary coin toss over their shoulder.
Two-time Grammy winners Old Crow Medicine Show are best known for their smash hit "Wagon Wheel" and their classic Americana sound. This year, the band is out with a new holiday album, "OCMS XMAS," which features both Christmas classics and new holiday songs. Here's Old Crow Medicine Show performing "Corn Whiskey Christmas."
Two-time Grammy winners Old Crow Medicine Show are best known for their smash hit "Wagon Wheel" and their classic Americana sound. This year, the band is out with a new holiday album, "OCMS XMAS," which features both Christmas classics and new holiday songs. Here's Old Crow Medicine Show performing "Jolly Man."
Two-time Grammy winners Old Crow Medicine Show are best known for their smash hit "Wagon Wheel" and their classic Americana sound. This year, the band is out with a new holiday album, "OCMS XMAS," which features both Christmas classics and new holiday songs. Here's Old Crow Medicine Show performing "Holly Jolly Christmas."
Kate Winslet is one of Hollywood's most accalimed actors, and now she's testing her skills as a director with the new Christmas film "Goodbye June." She sat down with "CBS Saturday Morning" to discuss the challenges of the new role after so many years in front of the camera.
To what does LEGO owe its remarkable half-century success story? CBS News visits the toy giant's Denmark headquarters to find out.
Rapid emergence of AI will foster demand for new types of workers, including "explainers" and bias auditors, according to economist Robert Seamans.
Sports betting companies face mounting competition from rapidly growing prediction markets such as Kalshi and Polymarket.
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.
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.
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.
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."
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.
Most of the footprints are elongated and made by bipeds. The best-preserved ones bear traces of at least four toes.
NASA continues to aim its space telescopes at the visiting ice ball, estimated to be up to 3.5 miles in size.
Paleontologists have discovered and documented 16,600 footprints left by theropods, the dinosaur group that includes the Tyrannosaurus rex.
Authorities are seeking motive after the man responsible for the deadly shooting at Brown University and the murder of an MIT professor was found dead in a New Hampshire storage unit on Thursday.
The Justice Department released a new batch of files related to convicted sex offender Jeffrey Epstein on Friday. Epstein survivor Sharlene Rochard joins with her reaction. Then, Spencer Kuvin, an attorney who represents some Epstein survivors, provides further analysis.
The Justice Department on Friday released a batch of files related to convicted sex offender Jeffrey Epstein. CBS News' Erica Brown and Katrina Kaufman report.
The manhunt for the Brown University shooter was complicated by the early misidentification of a person of interest and limited, low-quality video footage.
The manhunt for the suspect in Saturday's deadly shooting at Brown University is finally over. Police discovered 48-year-old Claudio Manuel Neves Valente dead in a New Hampshire storage unit on Thursday night. CBS News' Anna Schecter explains what led to the discovery.
German engineer Michaela Benthaus is the first person with a significant physical handicap to reach space.
President Trump withdrew Isaacman's nomination for NASA administrator in April, before nominating him again in November.
NASA continues to aim its space telescopes at the visiting ice ball, estimated to be up to 3.5 miles in size.
Super-Earth TOI-561b is about 40 times closer to its host star than Mercury is to the sun.
NASA has lost contact with a spacecraft that's been orbiting Mars for more than a decade.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
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.
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
Services honoring the victims of last week's deadly attack on a Bondi Beach Hanukkah celebration are ongoing, including a touching lifeguard vigil by those working at the Australian tourist destination. Meanwhile, President Trump announced a plan to lower drug prices on Friday. All that and all that matters in today's Eye Opener.
Two-time Grammy winners Old Crow Medicine Show are best known for their smash hit "Wagon Wheel" and their classic Americana sound. This year, the band is out with a new holiday album, "OCMS XMAS," which features both Christmas classics and new holiday songs. Here's Old Crow Medicine Show performing "Corn Whiskey Christmas."
Two-time Grammy winners Old Crow Medicine Show are best known for their smash hit "Wagon Wheel" and their classic Americana sound. This year, the band is out with a new holiday album, "OCMS XMAS," which features both Christmas classics and new holiday songs. Here's Old Crow Medicine Show performing "Jolly Man."
Two-time Grammy winners Old Crow Medicine Show are best known for their smash hit "Wagon Wheel" and their classic Americana sound. This year, the band is out with a new holiday album, "OCMS XMAS," which features both Christmas classics and new holiday songs. Here's Old Crow Medicine Show performing "Holly Jolly Christmas."
Kate Winslet is one of Hollywood's most accalimed actors, and now she's testing her skills as a director with the new Christmas film "Goodbye June." She sat down with "CBS Saturday Morning" to discuss the challenges of the new role after so many years in front of the camera.