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.
As his standoff with America's closest allies escalates, President Trump says not getting the Nobel Peace Prize means he's no longer obligated "to think purely of Peace."
The Supreme Court will hear arguments on Wednesday over President Trump's attempt to fire Lisa Cook from the Federal Reserve's Board of Governors.
Valentino Garavani's high-glamour gowns were fashion show staples for nearly half a century.
Iran's police chief says young people who joined protests were "deceived," and if they surrender within three days, they "will be treated with leniency."
Minneapolis Police Chief Brian O'Hara says he worries about escalating tensions. But top ICE official Marcos Charles says his officers act "lawfully and with professionalism."
Thousands of pounds of ready-to-eat chicken products have been recalled due to potential contamination with listeria, officials say. The products were sold in 7 states.
A Florida agency's latest report on theme park injuries says a woman died after becoming unresponsive on Universal Studios' Revenge of the Mummy roller coaster.
Spanish police said Monday that at least 40 people died and 159 were injured in a high-speed train collision in southern Spain.
Marius Borg Hoiby, who is accused of raping four women, has been charged with new crimes, including a "serious narcotics offense," prosecutors said.
The Supreme Court will hear arguments on Wednesday over President Trump's attempt to fire Lisa Cook from the Federal Reserve's Board of Governors.
It will mostly be business as usual for homeowners this tax season. However, new changes introduced under the "big, beautiful bill" may affect how they file.
A Florida agency's latest report on theme park injuries says a woman died after becoming unresponsive on Universal Studios' Revenge of the Mummy roller coaster.
Thousands of pounds of ready-to-eat chicken products have been recalled due to potential contamination with listeria, officials say. The products were sold in 7 states.
Most stores on Monday are open during their regular business hours on Martin Luther King Jr. Day, with a few exceptions.
It will mostly be business as usual for homeowners this tax season. However, new changes introduced under the "big, beautiful bill" may affect how they file.
Nearly 3,000 high-level participants from business, government and beyond are converging on the Swiss town of Davos for the annual meeting.
Thousands of pounds of ready-to-eat chicken products have been recalled due to potential contamination with listeria, officials say. The products were sold in 7 states.
Most stores on Monday are open during their regular business hours on Martin Luther King Jr. Day, with a few exceptions.
As the president prepares to replace Federal Reserve Chair Jerome Powell, he's made no secret of his goal for lower interest rates — but there are a few political roadblocks in the way.
The Supreme Court will hear arguments on Wednesday over President Trump's attempt to fire Lisa Cook from the Federal Reserve's Board of Governors.
As his standoff with America's closest allies escalates, President Trump says not getting the Nobel Peace Prize means he's no longer obligated "to think purely of Peace."
The Justice Dept. says it's investigating a group of protesters in Minnesota who disrupted services at a church where a local ICE official apparently serves as a pastor.
A Trump administration initiative is upending 60 years of efforts by the federal government to prevent discrimination against minority groups in the U.S.
On this "Face the Nation with Margaret Brennan" broadcast, DHS Secretary Kristi Noem and Minneapolis Mayor Jacob Frey join Margaret Brennan.
Dr. Rachel Nazarian, a board-certified dermatologist, joins "CBS Mornings" to share her tips for saving your dry winter skin.
A review of studies published in The Lancet found no link between acetaminophen use during pregnancy and autism, contradicting the Trump administration's recent claims.
Lacy Cornelius Boyd needed IV nutrition and an ileostomy bag after a devastating car crash. A rare transplant was her only option.
A new analysis of dozens of peer-reviewed medical studies found no link between the use of Tylenol during pregnancy and diagnoses of autism, ADHD or intellectual disabilities in children.
"It's as definitive as we're going to get," CBS News medical contributor Dr. Céline Gounder said of the new research, which found no connection between Tylenol and autism or ADHD.
The video shows burglars slicing into display cases under the eyes of several Louvre Museum staff members who do not intervene.
Valentino Garavani's high-glamour gowns were fashion show staples for nearly half a century.
Iran's police chief says young people who joined protests were "deceived," and if they surrender within three days, they "will be treated with leniency."
Marius Borg Hoiby, who is accused of raping four women, has been charged with new crimes, including a "serious narcotics offense," prosecutors said.
Nearly 3,000 high-level participants from business, government and beyond are converging on the Swiss town of Davos for the annual meeting.
Billy Bob Thornton joins "CBS Mornings" to discuss the second season of the hit series "Landman," which he stars in as oil executive Tommy Norris. Thornton talks about his immediate chemistry with Ali Larter and why the show resonates with viewers.
The publisher of the Daily Mail tabloid denies claims by Prince Harry and other celebrities of "unlawful information gathering."
As a young boy, Judd Apatow says he wanted to grow up to be like the director of such classics as "Blazing Saddles" and "Young Frankenstein." Now Apatow has co-directed a two-part HBO Max documentary about his idol: "Mel Brooks: The 99 Year Old Man!"
As a young boy, Judd Apatow says he wanted to grow up to be like Mel Brooks, the filmmaker of such comedy classics as "Blazing Saddles" and "Young Frankenstein." Now Apatow has co-directed a two-part HBO Max documentary about his idol, "Mel Brooks: The 99 Year Old Man!" Apatow talks with Tracy Smith about the World War II veteran who broke comedy taboos by lampooning Nazis and racists, and about Brooks' long friendship with another comic legend, Carl Reiner.
The Swedish actor has been in 150 films and TV shows, from "Breaking the Waves" and "Mamma Mia!" to "Andor." He talks about his Golden Globe-winning performance in "Sentimental Value," playing a filmmaker-father trying to reconcile with his actress-daughters.
"Sunday Morning" looks back at historical events on this date.
A new investigative report by 404 Media says ICE agents have a new high-tech way to zero in on neighborhoods to raid. The report says it's an app called Elite, powered by Palantir. Joseph Cox, an investigative journalist at 404 Media, discusses his reporting on CBS News.
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 ads will appear at the bottom of the chat window on the free and low-subscription versions of ChatGPT, OpenAI said Friday in a blog post.
Elon Musk is facing a lawsuit from Ashley St. Clair, with whom he shares a child, over deepfakes of her undressed made by his AI chatbot Grok. CBS News legal contributor Jessica Levinson joins with analysis.
"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.
Have you ever wondered if your dog is eavesdropping on you? A new study published in the Journal of Science found that some dogs are not only listening, but are also learning words. Lead scientist Dr. Shany Dror joins CBS News to discuss.
Fossilized bones and teeth dating to 773,000 years ago are providing a deeper understanding of the emergence of Homo sapiens.
If you rang in the new year with a kiss, you took part in a tradition millions of years in the making. Scientists now say the origins of kissing go back much farther than most think. CBS News' Tina Kraus has more.
The video shows burglars slicing into display cases under the eyes of several Louvre Museum staff members who do not intervene.
Police made a third arrest in connection with the murder of a Tennessee man who was linked to the religious group "His Way Spirit Led Assemblies," based in Inland Empire, California. CBS News' Shanelle Kaul has more details.
U.S. officials tell CBS News that the Justice Department has opened an investigation into Minnesota Gov. Tim Walz and Minneapolis Mayor Jacob Frey. CBS News legal contributor Jessica Levinson has more.
A judge and his wife were shot in their home this past weekend in Lafayette, Indiana.
Marius Borg Hoiby, who is accused of raping four women, has been charged with new crimes, including a "serious narcotics offense," prosecutors said.
Inch by inch, NASA's Artemis II moon rocket lumbered along its four-mile commute from the Vehicle Assembly Building to launch pad 39-B. Mark Strassmann is at the Kennedy Space Center in Florida with more.
Four Artemis II astronauts plan to fly around the moon and back next month, traveling farther from Earth than any humans before them.
NASA is beginning its rollout of its Space Launch System rocket and Orion spacecraft as preparations for the Artemis II mission enter their final stage.
Depending on the timing, NASA could launch a fresh crew to the space station while four other astronauts are flying around the moon.
NASA says it could be just weeks away from launching astronauts on a flight around the moon for the first time in more than half a century. Final preparations are underway at Kennedy Space Center in Florida, where the Artemis II moon rocket is expected to roll out to the launch pad on Saturday.
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.
A massive fire broke out at a shopping mall in Karachi, Pakistan, over the weekend, killing at least 23 people with dozens more missing. Videos captured the aftermath of the fire as rescuers sifted through the rubble to search for survivors.
The U.S. is celebrating Martin Luther King Jr. Day on Monday. Jeanne Theoharis, a professor of political science and history at Brooklyn College, breaks down how the day has changed under the Trump administration.
President Trump's latest tariff threats, related to his plan for Greenland, have European leaders reeling. Philip Luck, the economics program director at the Center for Strategic and International Studies, breaks down how tariff implementation would impact U.S. consumers.
Legendary fashion designer Valentino Garavani died Monday at age 93, his foundation announced on social media. CBS News' Shanelle Kaul has more.
European leaders are reacting to President Trump's latest tariff threats over opposition to a Greenland acquisition. CBS News' Olivia Rinaldi has the latest details.