CPI report shows the inflation rate rose at a 2.7% pace in November
Economists had expected CPI to rise at an annual rate of 3% last month.
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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.
New study ranks the best job markets in the U.S. based on commute times, access to employer health insurance and other factors.
The Trump administration says it agreed to a framework for a trade deal with China. Plus, new data from the Labor Department shows inflation rose less than expected last month. CBS News' Olivia Rinaldi and Kelly O'Grady have more.
While filings remain at historic lows, the uptick in unemployment claims from last week could point to a slowing labor market ahead of jobs report.
Since federal immigration agents fatally shot a man in Minnesota, the state's top corrections official told CBS News there have been "conversations" with the federal government
The disappearance of "Today" show co-host Savannah Guthrie's mother, Nancy Guthrie, is being investigated as a crime.
Ryan Routh, the man convicted in a 2024 assassination attempt of President Trump at his Florida golf course, has been sentenced to life in prison.
President Trump is expected to sign an executive order putting JD Vance and Andrew Ferguson in charge of the group.
The Epstein files have yielded a police investigation, as former U.K. Ambassador to the U.S. Peter Mandelson is accused of sharing state secrets.
The talks are expected to be held after the U.S. military said it shot down an Iranian drone and Iranian forces threatened to seize a U.S.-flagged vessel.
The storied newspaper, owned by Jeff Bezos, will eliminate its sports department and reduce its coverage of foreign news.
Rahmanullah Lakanwal, a 29-year-old Afghan national, is accused of shooting two members of the West Virginia National Guard near the White House in November.
Gaza medical officials say Israeli strikes killed at least 19 people, including two infants, with one hospital director asking, "Where is the ceasefire?"
Over 50 million Americans will face higher utility costs as a result of rate hikes approved in 2025, according to Powerlines.
Ryan Routh, the man convicted in a 2024 assassination attempt of President Trump at his Florida golf course, has been sentenced to life in prison.
Rahmanullah Lakanwal, a 29-year-old Afghan national, is accused of shooting two members of the West Virginia National Guard near the White House in November.
Democratic leaders outlined their demands for funding the Department of Homeland Security beyond next week.
Pinterest says two engineers lost their jobs after writing custom scripts to identify employees who were cut in a recent round of layoffs.
Over 50 million Americans will face higher utility costs as a result of rate hikes approved in 2025, according to Powerlines.
Pinterest says two engineers lost their jobs after writing custom scripts to identify employees who were cut in a recent round of layoffs.
The storied newspaper, owned by Jeff Bezos, will eliminate its sports department and reduce its coverage of foreign news.
China will ban hidden door handles on cars, commonly used on Tesla's electric vehicles and many other EV models, starting next year, due to safety concerns.
Although economists have generally downplayed the impact of artificial intelligence on jobs, some employers are highlighting their adoption of AI.
Rahmanullah Lakanwal, a 29-year-old Afghan national, is accused of shooting two members of the West Virginia National Guard near the White House in November.
Democratic leaders outlined their demands for funding the Department of Homeland Security beyond next week.
President Trump is expected to sign an executive order putting JD Vance and Andrew Ferguson in charge of the group.
The talks are expected to be held after the U.S. military said it shot down an Iranian drone and Iranian forces threatened to seize a U.S.-flagged vessel.
Former Capitol Police officer Harry Dunn — who emerged as a national figure after the Jan. 6 riot — announced a second bid for Congress on Wednesday.
The New Mexico Department of Health said officials believe the baby contracted listeria after their mother drank raw milk during pregnancy.
Many Americans are expected to lose ACA or Medicaid coverage in the coming months and years, but doctors and researchers say there are still ways to find affordable care.
As health care costs skyrocket and federal lawmakers pull back help on ACA insurance premiums, more middle-income families are facing tough choices on health care.
In this web exclusive, author and podcaster Mel Robbins talks with Norah O'Donnell about "The Let Them Theory."
In her latest bestseller, the motivational speaker discusses how personal growth is only possible when you stop pouring energy into things you cannot control – which includes changing other people.
Polish leader Donald Tusk says his country will pore over the files for any evidence that Epstein's network trafficked women or girls from the country.
The Epstein files have yielded a police investigation, as former U.K. Ambassador to the U.S. Peter Mandelson is accused of sharing state secrets.
U.S., Russian and Ukrainian negotiators are back around a table for a second round of technical talks, but in Kyiv, Russian bombs bring suffering and skepticism.
King Charles' disgraced brother Andrew Mountbatten-Windsor moves from his royal mansion to a private estate after appearing in newly released Epstein files.
The talks are expected to be held after the U.S. military said it shot down an Iranian drone and Iranian forces threatened to seize a U.S.-flagged vessel.
Actor and comedian Ron Funches talks to "CBS Mornings" about appearing on the reality show "The Traitors," how it led to his autism diagnosis and opening up to others about it.
Super Bowl advertisements are already making waves as companies seek a big win during the NFL's final football game of the season. Jeanine Poggi, the editor-in-chief at Ad Age, joins CBS News with more.
For decades, Susan Lucci starred in "All My Children." She speaks to "CBS Mornings" about her second memoir, which dives into her life after the soap opera series, the death of her husband and the resilience she found along the way.
The sheriff says the note was sent to a local Arizona news station, which agreed not to report on it, following the disappearance of "Today" show co-host Savannah Guthrie's mother, Nancy Guthrie.
Country star Miranda Lambert's entire catalog now belongs to Sony Music Publishing Nashville and Domain Capital Group. Jem Aswad, executive editor for music at Variety, joins "The Daily Report" to discuss.
Pinterest says two engineers lost their jobs after writing custom scripts to identify employees who were cut in a recent round of layoffs.
Although economists have generally downplayed the impact of artificial intelligence on jobs, some employers are highlighting their adoption of AI.
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.
Scott Hanselman, vice president of developer community at Microsoft, joins CBS News to explain the difference between an LLM like ChatGPT and an AI agent. He also explains how AI agents could become assertive if given too much access.
Moltbook, a social media platform for AI agents to interact, is growing. The Verge senior AI reporter Hayden Field joins CBS News with more details.
After decades monitoring polar bears in Norway's far north, researchers say the animals have proven incredibly adaptable, but there are no guarantees for the future.
Dark matter doesn't absorb or give off light so scientists can't study it directly. But they can observe how its gravity warps and bends the star stuff around it.
"CBS Saturday Morning" learns more about Veronika, the clever cow who figured out multiple ways to scratch herself with a broom. It was the first time a cow was seen using a tool.
"Sunday Morning" looks back at historical events on this date.
The Dinosaur National Monument, which is located on the border between Colorado and Utah, was last excavated in 1924.
Polish leader Donald Tusk says his country will pore over the files for any evidence that Epstein's network trafficked women or girls from the country.
Ryan Routh, the man convicted in a 2024 assassination attempt of President Trump at his Florida golf course, has been sentenced to life in prison.
The Epstein files have yielded a police investigation, as former U.K. Ambassador to the U.S. Peter Mandelson is accused of sharing state secrets.
The investigation into Nancy Guthrie's disappearance has ramped up. This comes as an apparent ransom note was sent to a local Arizona news station on Monday, the Pima County sheriff confirmed. CBS News' Andres Gutierrez reports.
King Charles' disgraced brother Andrew Mountbatten-Windsor moves from his royal mansion to a private estate after appearing in newly released Epstein files.
NASA's first crewed moon mission in more than 50 years has been delayed until March at the earliest. During a routine dress rehearsal of the launch, persistent liquid hydrogen leaks were discovered in the Artemis II rocket. CBS News space consultant Bill Harwood breaks it down.
NASA plans to test the planned leak repair with a second dress rehearsal fueling test later this month.
NASA delayed the Artemis II moon rocket launch after a hydrogen leak was found during a wet dress rehearsal, the agency announced Tuesday. CBS News senior space consultant Bill Harwood has the latest.
A NASA mission is underway to map the heliosphere, which is a huge protective bubble around the solar system that was created by the sun.
NASA says it can't try until March at the earliest to send a crewed spacecraft on a flight around the moon and back, due to hydrogen leaks during testing of the Artemis II rocket.
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.
Fulton County officials are demanding the return of all 2020 election documents seized by the FBI last week. CBS News' Shanelle Kaul has more.
President Trump signed a House-approved funding bill on Tuesday to officially end the four-day partial government shutdown that began over the weekend. CBS News congressional correspondent Nikole Killion has the latest.
Trump administration border czar Tom Homan announced Wednesday that 700 personnel would be immediately removed from Minnesota. CBS News' Omar Villafranca has more.
The investigation into Nancy Guthrie's disappearance has ramped up. This comes as an apparent ransom note was sent to a local Arizona news station on Monday, the Pima County sheriff confirmed. CBS News' Andres Gutierrez reports.
Ukrainians are reeling from a frigid winter but remain defiant as Russia continues to target infrastructure. CBS News' Aidan Stretch has more.