Why the "no hire, no fire" job market may no longer be a thing
Amazon and UPS on Tuesday announced tens of thousands of job cuts, the latest signal that the U.S. labor market is downshifting.
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Amazon and UPS on Tuesday announced tens of thousands of job cuts, the latest signal that the U.S. labor market is downshifting.
The overwhelming use of force is being questioned after a chase in Florida ended with a deadly shootout. Two men who led police on the chase were killed. As Manuel Bojorquez reports, so was a UPS driver who was taken hostage and an innocent bystander.
UPS on Tuesday announced it is planning to cut 20,000 jobs as part of its plan for workforce consolidation.
The Dow Jones closed in the green on Tuesday as President Trump marked 100 days of his second term. CBS News MoneyWatch correspondent Kelly O'Grady breaks down the state of the economy.
CBS News correspondent Nancy Chen tagged along at a UPS training facility with a driver amid the holiday season rush.
UPS workers in Texas are protesting over working conditions related to the scorching heat and the lack of air conditioning in delivery trucks. CBS News Texas' Lacey Beasley reports.
Customers expecting deliveries on Friday could face a wait following a software outage that's impacting flights across the globe.
The Miami-Dade Police Department said it expected four of their officers to be indicted by a grand jury in the fatal shooting of a UPS driver and a bystander in 2019.
The nation's unemployment rate is low, but some big companies are laying off workers and requiring people to return to the office. Guy Berger, director of economic research at the Burning Glass Institute, joins CBS News to assess the state of the labor market.
UPS will lay off 12,000 workers and says it is ordering employees to return to the office five days a week.
With the holiday shipping season in high gear, the concern of lost or stolen packages is of top concern. CBS News' Janet Shamlian went inside UPS World Headquarters to see how the company is using artificial intelligence to combat package thefts.
UPS is using a program called DeliveryDefense to try to cut down on package thefts.
Christmas is less than two weeks away so if you haven't sent your gifts off yet, you're running out of time. CBS News senior transportation correspondent Kris Van Cleave has the details on when you need to ship by.
With Veterans Day falling on a Saturday this year, some banks weren't open on Friday and others will be closed on Saturday in observance of the federal holiday that honors Americans who served in the military.
Delivery company driver reporting feeling sick while working his route as temperatures topped 100 degrees.
The Teamsters Union representing UPS workers is set to announce the result of its member vote on a tentative agreement reached with the company. Arthur Wheaton, director of labor studies at Cornell University's School of Industrial and Labor Relations, joined CBS News to discuss the situation.
Under the new contract, UPS workers will get higher wages and job protections like air conditioning.
The carrier's new labor contract will increase full-time drivers' compensation roughly 17% over five years, UPS' CEO said in an earnings call.
UPS and the Teamsters union have reached a tentative deal to avoid a strike. The agreement includes installing air conditioning in delivery trucks. It will also increase wages for full and part-time workers. Abe Eshkenazi, CEO of the Association for Supply Chain Management, joined CBS News to discuss.
The contract, which raises starting pay to $21 and top pay to $49 an hour, still must be ratified by 340,000 members.
UPS and the Teamsters union are set to resume contract negotiations Tuesday in an effort to avert a devastating strike. Their current contract expires July 31. Noam Scheiber, a labor and workforce reporter for The New York Times, joined CBS News to talk about what points the two sides are still trying to find a compromise on.
Negotiations between UPS and the Teamsters Union are set to start up again Tuesday. The union representing 340,000 workers is seeking better pay, particularly for part-time workers. The current labor pact with UPS is set to expire in just one week. Zoe Levin, CEO and founder of sustainable paper essentials company Bim Bam Boo, joined CBS News to talk about how a work stoppage could affect her business.
"With a UPS strike, everyone in America will feel it if it happens," said one expert who pegged the potential economic hit at $5 billion.
It's being called the "hot labor summer." From Hollywood to hotels, workers have been walking off the job -- recent data from Cornell University shows around 119,000 U.S. workers were on strike as of May. Seth Harris, former acting U.S. Labor Secretary in 2013 under then-President Obama, joins CBS News to discuss what's driving the recent wave of strikes and how increased strike activity could affect the economy.
The latest round of negotiations between UPS and the union representing its employees have broken down without an agreement. Unionized employees overwhelmingly voted in favor of going on strike if a deal isn't reached by the end of this month. The general president of the union representing the UPS workers, Sean O'Brien, joined CBS News to talk about the situation.
They all worked on former Special Counsel Jack Smith's investigation into President Trump's retention of classified records.
Federal drug enforcement investigators targeted Jeffrey Epstein and 14 others in a yearslong probe first reported by CBS News.
Cuba's Interior Ministry said Wednesday night that the boat was carrying 10 people armed with assault rifles, handguns and Molotov cocktails.
Federal immigration agents arrested 261 DACA recipients during the first 10 months of the second Trump administration, according to statistics shared with Congress.
A bipartisan Senate duo is teaming up on legislation that would ban large investment firms from snapping up single-family homes, a measure they say is aimed at the country's housing affordability crunch.
Along with Alberto Carvalho's L.A. home, search warrants were also executed at LAUSD headquarters and a home in South Florida, according to the FBI.
"I know, like, later on, there'll be a full invite for all Team USA athletes to go to the White House like there has been in the past," decorated U.S. women's hockey veteran Kelly Pannek told CBS News.
Marshall Yates also served on a "weaponization" working group tasked with carrying out Trump's quest for retribution.
A third victim has died following the Feb. 16 shooting at a high school hockey game in Pawtucket, Rhode Island.
A bipartisan Senate duo is teaming up on legislation that would ban large investment firms from snapping up single-family homes, a measure they say is aimed at the country's housing affordability crunch.
Chaz and Jean Franklin were facing a sevenfold increase in their health premium payments with the expiration of enhanced federal subsidies for Affordable Care Act plans. Then Jean received a crushing diagnosis.
The lawyer for Nicolas Maduro says the U.S. is blocking Venezuela's government from paying for the cost of his legal defense against drug trafficking charges.
Since 2019, when Baltimore's murder rate hit an all-time high, something has changed, and data points to the city showing major improvement.
At least 10 FBI employees who worked on former Special Counsel Jack Smith's investigation into President Trump's retention of classified records were fired Wednesday, multiple sources said.
A bipartisan Senate duo is teaming up on legislation that would ban large investment firms from snapping up single-family homes, a measure they say is aimed at the country's housing affordability crunch.
Defense Secretary Pete Hegseth gave the AI company Anthropic an ultimatum about the military's use of its technology, known as Claude.
The prediction market said it suspended Artem Kaptur, an employee of the popular YouTuber MrBeast, for insider trading.
The president reiterated a plan to ban big investors from buying single-family homes, but some experts say bigger remedies are needed.
Consumers today can easily spend more than $1,000 a year for streaming TV, music and other widely used apps, new analysis finds.
Federal drug enforcement investigators targeted Jeffrey Epstein and 14 others in a yearslong probe first reported by CBS News.
A bipartisan Senate duo is teaming up on legislation that would ban large investment firms from snapping up single-family homes, a measure they say is aimed at the country's housing affordability crunch.
The lawyer for Nicolas Maduro says the U.S. is blocking Venezuela's government from paying for the cost of his legal defense against drug trafficking charges.
Since 2019, when Baltimore's murder rate hit an all-time high, something has changed, and data points to the city showing major improvement.
At least 10 FBI employees who worked on former Special Counsel Jack Smith's investigation into President Trump's retention of classified records were fired Wednesday, multiple sources said.
Chaz and Jean Franklin were facing a sevenfold increase in their health premium payments with the expiration of enhanced federal subsidies for Affordable Care Act plans. Then Jean received a crushing diagnosis.
A British gym chain is offering classes in "kidulting," luring adults into fitness with classes built around playground and PE class classics.
Starting in 2027, the Danish pharma firm will sell its weight-loss and diabetes drugs for $675 per month.
Robert F. Kennedy Jr. has criticized the broadening use of anxiety medications, but doctors and researchers say the MAHA movement is misrepresenting drugs that have been proven to help.
After decades of American children routinely receiving polio vaccines, the virus that had doomed many to paralysis was nearly eliminated in the United States. But vaccine avoidance today may allow the crippling disease to return.
The lawyer for Nicolas Maduro says the U.S. is blocking Venezuela's government from paying for the cost of his legal defense against drug trafficking charges.
Cuba's Interior Ministry said Wednesday night that the boat was carrying 10 people armed with assault rifles, handguns and Molotov cocktails.
The body of 24-year-old tourist Amy Lopez was found by children in 1994 near the historic Ehrenbreitstein Fortress, located on the Rhine river.
A British gym chain is offering classes in "kidulting," luring adults into fitness with classes built around playground and PE class classics.
Australian detectives arrested two men over the alleged kidnapping and murder of an elderly grandfather in a suspected case of mistaken identity.
Actor and comedian Deon Cole is back to host the NAACP Image Awards. Cole joins CBS News with more on what to expect.
"Survivor" returns Wednesday for its 50th season, featuring fan-favorite contestants over the past 25 years. "CBS Mornings" has a preview of the historic season.
Actor and comedian Martin Short has postponed upcoming dates of his comedy tour with longtime friend Steve Martin as he grieves the sudden death of his 42-year-old daughter, Katherine. Vladimir Duthiers reports.
The Rock & Roll Hall of Fame announced 17 nominees for its class of 2026, including Phil Collins, Mariah Carey, Iron Maiden and Luther Vandross. The new members will be revealed in April.
The Rock & Roll Hall of Fame has announced its 2026 list of nominees, including Phil Collins, Mariah Carey, Wu-Tang Clan and more.
When a deadly avalanche struck outside Lake Tahoe, California, an iPhone feature allowed the surviving skiers to get the help they needed. Tim Werth, tech editor at Mashable, joins CBS News to explain.
Defense Secretary Pete Hegseth gave the AI company Anthropic an ultimatum about the military's use of its technology, known as Claude.
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.
Anthropic, the maker of the chatbot Claude, is narrowing its signature pledge on artificial intelligence safety. The abrupt changes come amid a tense standoff between the company and the Pentagon over the use of its AI model. New York Times reporter Sheera Frenkel joins to discuss.
Consumers today can easily spend more than $1,000 a year for streaming TV, music and other widely used apps, new analysis finds.
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.
On the evening of Christmas 1776, Gen. George Washington surprised the King's forces by leading the Continental Army in an unanticipated crossing of a near-frozen Delaware River. Environmental correspondent David Schechter looks at how Washington's watershed military maneuver dramatized both a changing America, and a changing climate.
The Winter Olympics in Milan need artificial snow due to climate change and warmer weather. Athletes say man-made snow makes terrain more difficult and unpredictable. Rob Marciano reports on its impact.
Grief children's book author Kouri Richins is on trial in Utah, accused of fatally poisoning her husband, Eric Richins, with a fentanyl-laced Moscow mule in 2022. Prosecutors say she killed him for financial gain, while also engaging in an extramarital affair. The defense argues his death was an accidental overdose. In a special episode, "48 Hours" correspondent Natalie Morales speaks with CBS News chief correspondent Matt Gutman about the key evidence, the prosecution's motive theory, and what to watch as the Utah murder trial unfolds.
The trial of the father of the accused Apalachee High School shooter resumed in Georgia on Wednesday. CBS News correspondent Skyler Henry reports.
The body of 24-year-old tourist Amy Lopez was found by children in 1994 near the historic Ehrenbreitstein Fortress, located on the Rhine river.
Reports are emerging about documents potentially missing from the Epstein files released by the Justice Department that may be linked to President Trump. CBS News' Scott MacFarlane reports.
Along with Alberto Carvalho's L.A. home, search warrants were also executed at LAUSD headquarters and a home in South Florida, according to the FBI.
NASA is rolling back the Artemis II moon rocket from its launch pad at the Kennedy Space Center in Florida. It is expected to take up to 12 hours to move the 322-foot rocket, with the journey spanning four miles back to its hangar for repairs. CBS News space consultant Bill Harwood has more.
Fixing the Space Launch System rocket's helium pressurization problem has pushed the Artemis II launch to at least April 1.
NASA astronaut Mike Fincke said he was the crew member whose medical issue required a group of space station fliers to return to Earth earlier than planned last month.
Documents might help scientists shed light on unexplained phenomena and government secrets, experts said.
The space agency said Sunday it's targeting Tuesday for the slow, four-mile trek across Kennedy Space Center, weather permitting.
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.
Cuban authorities said Wednesday the country's coast guard killed four people on a speedboat that was registered in Florida. The people on the boat first fired at Cuban border guard troops when they tried to approach the boat for identification, Cuba's interior ministry said. CBS News correspondent Cristian Benavides reports.
President Trump delivered the longest State of the Union address in history on Tuesday night. CBS News correspondent Lana Zak watched the speech with college students and got their reactions in real time.
Quick-thinking movers stepped in to block a truck at a convenience store in Arizona after spotting an abducted child from an Amber alert. Tony Dokoupil has the story.
When a deadly avalanche struck outside Lake Tahoe, California, an iPhone feature allowed the surviving skiers to get the help they needed. Tim Werth, tech editor at Mashable, joins CBS News to explain.
In 2019, Baltimore's murder rate hit an all-time high and ranked among the worst in the nation, but since then, something has changed. Murders hit a nearly 50-year low in 2024 and the population is growing. Tony Dokoupil spoke to Baltimore Mayor Brandon Scott about the comeback.