U.S. economy lost 92,000 jobs in February, an unexpected setback
Economists had forecast a gain of 60,000 jobs last month. The unexpected drop was due to job losses in health care and the federal government.
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Economists had forecast a gain of 60,000 jobs last month. The unexpected drop was due to job losses in health care and the federal government.
Surprise burst in hiring across the U.S. last month shows the labor market remains on solid ground.
Employers cut more than 108,000 jobs in January, the highest total for that month since 2009, new data shows.
Economists had expected CPI to rise at an annual rate of 3% last month.
The unemployment rate in November rose to 4.6%, its highest level since September 2021.
The Labor Department released a September jobs report this week that beat expectations, but the department also said it won't release an October jobs report due to the government shutdown. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Lawmakers remain deadlocked on the seventh day of the government shutdown. Secretary of Labor Lori Chavez-DeRemer joins "The Takeout" to discuss the shutdown's stifling of key economic data, the state of the job market and how many jobs artificial intelligence may soon devour.
The agency's Bureau of Labor Statistics would suspend operations if the U.S. government shuts down this week, potentially delaying key economic reports.
Internal review, which will focus on how BLS collects and reports economic data, follows claims by President Trump that the statistics bureau is politicized.
A lackluster jobs report has sparked concern after the Department of Labor announced it only added 22,000 jobs last month and that the unemployment rate is the highest since 2021 at 4.3%. President Trump maintained his stance that the Federal Reserve should cut interest rates.
After President Trump expressed "shock" over the pace of hiring in July, much is riding on the employment data for August.
While phoning into CNBC on Tuesday morning, President Trump defended his decision to fire the labor statistics commissioner following a disappointing jobs report. CBS News MoneyWatch correspondent Kelly O'Grady has more on the fallout.
The White House is defending President Trump's decision to fire the head of the Bureau of Labor Statistics following a weaker-than-expected July jobs report. CBS News' Olivia Rinaldi and Kelly O'Grady have the latest.
President Trump fired the Bureau of Labor Statistics commissioner on Friday. The reason cited, though it lacked evidence, was that last week's job report was "rigged." Katharine Abraham, who held the position from 1993 until 2001, joins "The Takeout" to discuss.
President Trump explained why he fired Bureau of Labor Statistics Commissioner Erika McEntarfer on Friday. Government data showed fewer jobs were added to the U.S. economy last month than expected.
President Trump fired Erika McEntarfer, the commissioner of the U.S. Bureau of Labor Statistics, on Friday, the same day the July jobs report showed a slowdown in hiring.
President Trump on Friday ordered the firing of the labor statistics boss just hours after the release of a weak jobs report. Axios economics reporter Courtenay Brown joins CBS News with analysis.
President Trump fired the commissioner of the Bureau of Labor Statistics on Friday after a disappointing jobs report. CBS News politics reporter Kathryn Watson has more.
Hiring across the U.S. was weaker than expected in July, a sign the labor market is shifting into lower gear.
President Trump ordered his administration to fire the commissioner of labor statistics, Erika McEntarfer, after the July jobs report showed a sharp slowdown in hiring and a steep downward revision to May and June's hiring numbers. Kelly O'Grady reports.
A growing number of employers in tech and other fields are recruiting workers with expertise in AI, labor data shows.
The Labor Department is seeking to pull back on the regulation of workplaces by rewriting or repealing more than 60 "obsolete" regulations.
New data from the Labor Department shows inflation ticked up to its highest level since February in June with consumer prices rising at an annual rate of 2.7%. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Employers across the U.S. added 147,000 jobs in June, while the unemployment rate fell to 4.1%.
Companies have reported more than 744,000 job cuts this year — the highest figure since the first six months of 2020, according to an outplacement firm.
About 30 U.S. service members remained hospitalized Tuesday after an Iranian drone strike in Kuwait.
Trump says he'll end the war soon, when he wants to, as Iran hits 3 ships near the Strait of Hormuz and warns U.S.-linked banks will be next.
Richard Kahn was one of Epstein's closest associates in his final years, managing his finances and investments.
President Trump told FIFA representatives Tuesday that Iran is welcome to play in the World Cup tournament in the United States, officials told CBS News.
The men were Norwegian citizens of Iraqi origin who were not previously known to police, police prosecutor Christian Hatlo said.
The Trump administration asked the Supreme Court to clear the way for it to end temporary deportation protections for more than 350,000 Haitian immigrants.
Howard Schultz said he and his wife will move to Florida as Washington weighs a roughly 10% annual tax on earnings over $1 million.
Elon Musk said his long-planned payments platform, dubbed XMoney, is set to launch for select users. Here's what to know.
Latino voters helped propel record turnout in last week's Texas Democratic primary, a trend Democrats are watching closely as they try to reclaim ground with the group and pull off an upset win in the red-leaning state's Senate contest.
President Trump's scorn towards GOP Rep. Thomas Massie of Kentucky is a key factor in the May primary. He has called Massie the "worst Republican congressman" in Congress' history
A 2024 government lawsuit accused Invitation Homes of deceiving renters about lease costs, charging undisclosed junk fees and other unlawful practices.
The Trump administration asked the Supreme Court to clear the way for it to end temporary deportation protections for more than 350,000 Haitian immigrants.
Elon Musk said his long-planned payments platform, dubbed XMoney, is set to launch for select users. Here's what to know.
Howard Schultz said he and his wife will move to Florida as Washington weighs a roughly 10% annual tax on earnings over $1 million.
A 2024 government lawsuit accused Invitation Homes of deceiving renters about lease costs, charging undisclosed junk fees and other unlawful practices.
Elon Musk said his long-planned payments platform, dubbed XMoney, is set to launch for select users. Here's what to know.
Howard Schultz said he and his wife will move to Florida as Washington weighs a roughly 10% annual tax on earnings over $1 million.
The emergency oil release — the largest in the multinational organization's history — could help ease oil prices in the short term, according to analysts.
The inflation data captures the period before the Iran war broke out. Since then, oil prices have surged, driving inflation fears.
President Trump's scorn towards GOP Rep. Thomas Massie of Kentucky is a key factor in the May primary. He has called Massie the "worst Republican congressman" in Congress' history
The Trump administration asked the Supreme Court to clear the way for it to end temporary deportation protections for more than 350,000 Haitian immigrants.
About 30 U.S. service members remained hospitalized Tuesday after an Iranian drone strike in Kuwait.
Officers normally assigned to process Global Entry travelers had been reassigned to process other arriving travelers during the pause.
President Trump told FIFA representatives Tuesday that Iran is welcome to play in the World Cup tournament in the United States, officials told CBS News.
Last summer, the Trump administration announced a voluntary pledge by health insurers to reform prior authorization, but patient advocates and medical providers remain skeptical.
A CBS News analysis of records for every hospice operating in Los Angeles County finds indications of fraud are growing.
Food containing norovirus may smell and taste normal but still cause serious illness if consumed, FDA warns.
Dentists, hygienists, and researchers say a shortage of rural dental care professionals and worsening oral hygiene since the COVID-19 pandemic mean more kids are ending up in the emergency room for tooth decay.
The zipper head on the recalled HALO Magic Sleepsuits poses a danger to babies, according to the U.S. Consumer Product Safety Commission.
The men were Norwegian citizens of Iraqi origin who were not previously known to police, police prosecutor Christian Hatlo said.
The discovery caused officials to evacuate 18,000 people on Wednesday, the largest such operation ever in the city, emergency services said.
About 30 U.S. service members remained hospitalized Tuesday after an Iranian drone strike in Kuwait.
The emergency oil release — the largest in the multinational organization's history — could help ease oil prices in the short term, according to analysts.
President Trump says he'll end the war soon, when he wants to, as Iran hits three ships near the Strait of Hormuz and warns U.S.-linked banks will be next.
Oscar-nominated "Sinners" cinematographer Autumn Durald Arkapaw watches scenes from the film with Anthony Mason and breaks down how some of its most memorable moments were created. She also shares how her collaboration with director Ryan Coogler helped define the film's look.
Pop culture icon Flava Flav stopped by "CBS Mornings" to discuss his plans to celebrate women Olympic and Paralympic medalists from the 2026 Winter Games.
Kurt Russell, who stars in "The Madison," spoke to "CBS Mornings" about the series, explaining the script "was so familiar" and that he related to it. Russell praised creator Taylor Sheridan, who was also behind the popular series "Yellowstone," and discussed what it was like to work with Michelle Pfeiffer again decades later.
Watch scenes from the performances nominated for best actor at the 98th annual Academy Awards, as well as interviews with the nominees.
American tap dancer Michelle Dorrance talks to CBS News chief medical correspondent Jon LaPook about Brenda Bufalino's impact and preserving the 88-year-old's artistry for future generations in a project at the New York Public Library for the Performing Arts.
Elon Musk said his long-planned payments platform, dubbed XMoney, is set to launch for select users. Here's what to know.
AI-generated artist Tilly Norwood and the company behind her released a new music video speaking directly to her critics. As AI evolves, Hollywood faces questions over legal protections, copyright infringement and human labor. Jo Ling Kent reports.
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.
CBS News exclusively obtained a Pentagon memo from earlier this month that went out to several senior defense leaders and commanders. It ordered the removal of Anthropic's AI technology from key national systems. Jo Ling Kent reports.
The Defense Department has notified senior leadership that they must remove Anthropic's products from their system within 180 days, the latest salvo in a feud between the AI company and the Trump administration.
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.
The family of a Georgia student charged in what investigators describe as a prank gone horribly wrong says they are grieving the tremendous loss to the community. CBS News correspondent Elaine Quijano has the latest.
Police in Washington, D.C., arrested a man after he crashed a car into a barricade near the White House on Wednesday morning. CBS News homeland security correspondent Nicole Sganga reports.
New video has emerged of fuses being bought at a Pennsylvania fireworks store by one of the suspects accused of throwing explosive devices outside the New York City mayoral residence. CBS News national correspondent Jericka Duncan has more.
One of two men accused of throwing IEDs at protesters in New York City appears to have purchased fuses at a fireworks store in a Philadelphia suburb last week.
New York City police have given the all clear after concluding a suspicious package found near Gracie Mansion, the official residence of Mayor Zohran Mamdani, was harmless.
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.
NASA announced an overhaul to its Artemis moon program as safety concerns persist. CBS News space contributor Christian Davenport breaks down the key takeaways.
NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
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 family of a Georgia student charged in what investigators describe as a prank gone horribly wrong says they are grieving the tremendous loss to the community. CBS News correspondent Elaine Quijano has the latest.
Police in Washington, D.C., arrested a man after he crashed a car into a barricade near the White House on Wednesday morning. CBS News homeland security correspondent Nicole Sganga reports.
Sen. John Fetterman of Pennsylvania tells Major Garrett why he supports the U.S.-Israeli war with Iran and President Trump's objectives, and weighs in on the fight to fund the Department of Homeland Security, the SAVE America Act and more. Fetterman also opens up about his battle with depression, which he wrote about in his memoir "Unfettered," and how his children "broke [him] out of that despair."
The International Energy Agency agreed Wednesday to release 400 million barrels of oil from its strategic reserves to alleviate the shortage caused by the Strait of Hormuz shutdown. CBS News MoneyWatch correspondent Kelly O'Grady has the details.
President Trump on Wednesday spoke about the Iranian military targets the U.S. has hit over the course of the war. CBS News chief White House correspondent Nancy Cordes reports.