Explaining the latest on inflation
The Consumer Price Index rose 0.4% last month with energy and housing prices contributing to the increase. Greg Robb, a senior economic reporter for MarketWatch, joined CBS News to break down the numbers.
The Consumer Price Index rose 0.4% last month with energy and housing prices contributing to the increase. Greg Robb, a senior economic reporter for MarketWatch, joined CBS News to break down the numbers.
A new report from the Labor Department Friday shows that the U.S. added 336,000 jobs in September, well above economists' expectations. The sunny jobs report, however, serves as a contrast to the numerous labor strikes taking place across the nation. Jo Ling Kent has more.
During President Biden's remarks today on the September jobs market, he took questions on why sentiments among Americans about the economy may not reflect what the strength this month's data yields. Biden also announced more American jobs in manufacturing. CBS News chief White House correspondent Nancy Cordes has more.
Businesses are still hiring at a high rate as consumer spending remains robust. Colby Smith, a U.S. economics editor for the Financial Times, joins CBS News with some of the indicators of where the economy is headed next.
The September jobs report showed that the U.S. economy created 336,000 jobs last month -- a sign that the job market remained strong despite challenges with inflation. Jeanna Smialek, a Federal Reserve and U.S. economy reporter at The New York Times, has more.
Jobs in the United States rose higher than experts predicted, according to new August data released Tuesday. Carleton English, a reporter at Barron's, joins CBS News ahead of new unemployment data expected on Friday.
While jobless claims are at an eight-month low, unemployment rates vary across the U.S. Since last year, the unemployment rate in 18 states has fallen by half a percentage point or more. But three states, plus Washington, D.C., have seen claims rise. Al Root, senior writer for Barron's, joined CBS News to discuss the job market.
Unemployment jumped from 3.5% to 3.8% this month, a sign that the job market is cooling. The market also added 187,000 jobs. The Biden administration said this showed more people joining the workforce. Meanwhile, the Federal Reserve is considering another interest hike amid soaring inflation. Christina Ruffini reports.
President Biden delivered remarks from the White House Rose Garden on Friday after the Labor Department released its monthly jobs report, which showed U.S. employers adding 187,000 new jobs in August. Biden said the country "recovered all the jobs lost during the pandemic" and added a million more.
The U.S. economy added 187,000 jobs in August, slightly higher than expected, while the nation's unemployment rate jumped sharply to 3.8%, the Department of Labor reported Friday. Barron's senior writer Al Root joined CBS News to discuss the latest numbers.
The latest jobs report is showing a strong labor market in the face of inflation-fighting interest rate hikes, with 187,000 jobs added in July. And the unemployment rate is approaching a 50-year low at 3.5%. Daniel Zhao, lead economist at Glassdoor, joined CBS News to discuss the new numbers.
Inflation has cooled in recent months and the unemployment rate remains low. Still, a CBS News poll has found that most Americans are pessimistic about the economy. Mark Strassmann takes a look. Read more here.
Generation X, people in their mid 40's through late 50's, make up about a quarter of all unemployed people. According to Glassdoor, that demographic makes up most of the new unemployed population over the last half year. Politico reporter Sam Sutton joined CBS News to talk about the trend.
The latest data from the Labor Department shows 237,000 Americans filed for first-time unemployment benefits last week. That's down 12,000 from the previous week. Jordyn Holman, a business reporter with The New York Times, joined CBS News to talk about the new numbers.
Career expert Catherine Fisher joins "CBS Mornings" to discuss summer workplace trends. She shares advice on what companies are looking for, remote job availability and the impact of new AI tools.
The U.S. economy added fewer jobs than predicted in June, sending stocks seesawing even as the unemployment rate remained steady. The report sparked fears that the Fed will raise interest rates again. Natalie Brand is at the White House with more.
Unemployment numbers arrived Thursday morning with new claims decreasing over the past week. CBS News' Sarah Ewall-Wice has more on that and comments about inflation from Fed Chair Jerome Powell.
President Biden has unveiled his new plan for the U.S. economy. During a speech in Chicago, he touted growing the economy by focusing on expanding the middle class. CBS News White House reporter Bo Erickson has more.
A report of U.S. job cuts showed roughly 5% of job losses in May were due to AI technology.
According to the U.S. Labor Department, 339,000 jobs were added in May, much more than the 190,000 predicted by some economists. The unemployment rate rose to 3.7%. Lori Bettinger, president of BancAlliance and the former director of the TARP Capital Purchase Program at the Treasury Department, joins CBS News with her analysis of the numbers.
Big pay hikes from switching jobs, a key trend that drove the Great Resignation, is unwinding, a new analysis finds.
With the youth unemployment rate at a 70-year low, this year's crop of new graduates is likely to have an easier time getting hired.
Santos allegedly claimed almost $25,000 in jobless aid while earning $120,000 annually, according to federal prosecutors.
Economic data released Thursday shows that U.S. wholesale price increases decelerated in April and unemployment claims increased in the week ending May 6. Meanwhile, Treasury Secretary Janet Yellen warns that if the U.S. defaults on its debt, it could threaten the global economy. Jeanna Smialek, a Federal Reserve and economy reporter at the New York Times, joins CBS News to discuss.
The U.S. added 253,000 jobs in April, according to a report released Friday by the Labor Department, well above estimates from economists. Unemployment also fell to 3.4%, and wages were also higher. Ed O'Keefe has the details.
Half the country says Trump is not fit to be president; Republicans call the trial unfair, according to CBS News poll.
An early morning shooting in Akron, Ohio killed one person and injured two dozen people, some critically, police said.
Nearly 100 million people are registered to vote in the race to replace outgoing President Andrés Manuel López Obrador.
Gymnastics superstar Simone Biles won her ninth national title ahead of the Olympic trials later this month in Minneapolis.
Three C-47 transport planes, a workhorse of World War II, dropped three long strings of jumpers, their round chutes mushrooming open in the blue skies with puffy white clouds.
While in office, Trump took issue with the social media app being controlled by a China-based parent company, trying unsuccessfully to ban the app in the U.S. with an executive order.
The problems began Friday morning, causing water problems at two hospitals, a city jail, a county jail and local shelters.
The Gila River Indian Community issued a temporary ban on dances after a police officer was fatally shot and another wounded while responding to a reported disturbance.
Legitimate Democratic electors in Michigan told Anderson Cooper why they filed a lawsuit against the "fake electors" in the state.
Congresswoman Sheila Jackson Lee, a Democrat who represents Texas' 18th Congressional District, has been diagnosed with pancreatic cancer.
Gymnastics superstar Simone Biles won her ninth national title ahead of the Olympic trials later this month in Minneapolis.
The Gila River Indian Community issued a temporary ban on dances after a police officer was fatally shot and another wounded while responding to a reported disturbance.
Media magnate Rupert Murdoch, who is 93, married Elena Zhukova on Saturday.
On this "Face the Nation" broadcast, former U.S. Attorney for the Southern District of New York Preet Bharara and North Dakota Gov. Doug Burgum join Margaret Brennan.
Media magnate Rupert Murdoch, who is 93, married Elena Zhukova on Saturday.
Authors complained for years that the organization was predominantly White — causing membership to plummet.
Costco hasn't raised the cost of its popular hot dog and soda combo in nearly 40 years, and it's not about to now, a senior exec says.
FCC calls on Congress for funding to restart program that helped low-income households get high-speed internet service.
Google said it's rolling back its AI-generated search results feature after two weeks. Here's why.
Congresswoman Sheila Jackson Lee, a Democrat who represents Texas' 18th Congressional District, has been diagnosed with pancreatic cancer.
On this "Face the Nation" broadcast, former U.S. Attorney for the Southern District of New York Preet Bharara and North Dakota Gov. Doug Burgum join Margaret Brennan.
The following is a transcript of an interview with former commander of U.S. forces in the Middle East, retired General Frank McKenzie, on "Face the Nation" that aired on June 2, 2024.
While in office, Trump took issue with the social media app being controlled by a China-based parent company, trying unsuccessfully to ban the app in the U.S. with an executive order.
North Dakota Gov. Doug Burgum, a contender for Donald Trump's running mate, said Sunday that November's election will not be decided by the former president's guilty conviction in the New York "hush money" trial.
Even if someone has gone through a healing process with body image or their relationship with food, these challenges can "last a lifetime," a licensed mental health counselor tells CBS News.
Almost one in five survey responders had lost a family member or close friend to a drug overdose, researchers found.
The U.S. has ordered 4.8 million doses of vaccine to target bird flu in case the outbreak spreads in people.
Details of the FDA's proposal were published Friday ahead of a meeting next week.
The Mediterranean diet has long been regarded as a heart-healthy option, but a new study has found the diet may help reduce risk of death.
Taylor Momsen, whose band The Pretty Reckless are opening for AC/DC, was performing in Spain when she was bit by a bat.
Nearly 100 million people are registered to vote in the race to replace outgoing President Andrés Manuel López Obrador.
Three C-47 transport planes, a workhorse of World War II, dropped three long strings of jumpers, their round chutes mushrooming open in the blue skies with puffy white clouds.
South Korea says it'll take strong retaliatory steps against North Korea over its launch of trash-carrying balloons across the border and other provocations.
The spacecraft, part of the Chang'e moon exploration program, will collect soil and rock samples.
Taylor Momsen, whose band The Pretty Reckless are opening for AC/DC, was performing in Spain when she was bit by a bat.
Cyndi Lauper was a pop music dynamo and MTV-favorite singer who later won a Tony Award for her songs for the stage musical "Kinky Boots." But she wanted more than to just have fun. The subject of a new documentary on Paramount+ called "Let the Canary Sing," Lauper talks with correspondent Anthony Mason about how music made her tumultuous home life better; how she had to be convinced about her breakout record, "Girls Just Want to Have Fun"; and about criticism from producer Quincy Jones that she was a "troublemaker."
"Sunday Morning" remembers some of the notable figures who left us this week, including NBA Hall of Famer and sportscaster Bill Walton.
When the "Jurassic Park" writer died in 2008, he left behind an unfinished novel about a volcanic eruption that imperils all life on Earth. Enter bestselling author James Patterson, tasked with completing Crichton's thriller.
Writer Michael Crichton, whose blockbuster novels, films and TV series included "Jurassic Park" and "ER," died in 2008, leaving behind an unfinished thriller about a volcanic eruption that imperils all life on Earth. Bestselling author James Patterson was tasked with completing Crichton's book, and now, 16 years later, "Eruption" is finally being unleashed in bookstores. Correspondent Tracy Smith talks with Patterson, and with Michael's widow, Sherri Alexander Crichton, about bringing back the voice of a master storyteller.
What was to be the maiden launch of the Boeing Starliner with astronauts on board was halted yet again Saturday, this time less than four minutes before liftoff, when a computer system triggered an automatic hold. A launch last month was also canceled due to various issues. Manuel Bojorquez has the latest.
All systems are go for a second attempted launch of Boeing's Starliner capsule on Saturday, making its maiden voyage to the International Space Station with two astronauts on board. Manuel Bojorquez reports from the Kennedy Space Center.
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.
ChatGPT developer OpenAI warns that state actors worldwide use generative artificial intelligence to run covert propaganda operations. The company told The Washington Post it found groups in Russia, China, Iran and Israel using its technology to build and launch social media campaigns. Gerrit De Vynck, tech reporter for The Post, joins CBS News to discuss.
Google said it's rolling back its AI-generated search results feature after two weeks. Here's why.
The British journalist and author of "Midnight in Chernobyl" returns with his exhaustively-researched new book about the 1986 space shuttle disaster.
A recent study from the University of Washington suggests that rising summer temperatures threaten triploid oysters, specifically bred in the 1970s to be more resilient to harsher environments. Despite that, researchers found that triploids die nearly 2.5 times faster than other oysters when under heat stress. Neil Thompson, geneticist for the U.S. Department of Agriculture Agricultural Research Service, joins CBS News to unpack the findings.
The New Caledonian fern, Tmesipteris oblanceolata, has more than 50 times more DNA packed into the nucleus of its cells than humans do.
Can the climate crisis be won as temperatures soar, oceans rise and air quality deteriorates? Former presidential candidate Tom Steyer thinks it can. The climate investor joins "America Decides" to discuss his new book "Cheaper, Faster, Better: How We'll Win the Climate War."
The spread of an avian flu virus in cattle has again brought public health attention to the potential for a global pandemic. Fighting it would depend, for now, on 1940s technology that makes vaccines from hens' eggs.
The Gila River Indian Community issued a temporary ban on dances after a police officer was fatally shot and another wounded while responding to a reported disturbance.
An early morning shooting in Akron, Ohio killed one person and injured two dozen people, some critically, police said.
Prosecutors say evidence, including damning cellphone searches and texts, led them to Tim Bliefnick for the February murder of Becky Bliefnick.
Police say a photographer and one-time contestant on "The Dating Game" was also a chameleon and a serial killer —perhaps the deadliest in U.S. history.
Two days after he was convicted of triple-murder, an Idaho jury on Saturday sentenced Chad Daybell to death in the 2019 killing of his first wife, Tammy Daybell, and the killings of the two youngest children of his now wife, Lori Vallow Daybell. In 2023, Vallow Daybell was also convicted in the murders of those two children and sentenced to life in prison.
The spacecraft, part of the Chang'e moon exploration program, will collect soil and rock samples.
The second attempt to send Boeing's Starliner crew capsule into orbit was canceled just minutes before it was set to launch on Saturday.
Nearly a month after a frustrating launch scrub, the Starliner and its two-person crew were initially cleared for a second attempt to reach orbit.
If you missed the fantastic display of the northern lights in May, you could soon have another chance. In early June, the active solar region responsible for those multi-colored hues in the night sky will be in prime position to generate solar storms impacting us on Earth. Ryan French, solar physicist with the National Solar Observatory, joins CBS News to explain.
Boeing is preparing to launch its crewed Starliner spacecraft on Saturday after having to scrub the plan twice before due to technical difficulties. CBS News space consultant Bill Harwood is following the preparations for Boeing's flight.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
The Illinois mom wrote, "If something ever happens to me, please make sure the number one person of interest is Tim." Take a look at the evidence that led to Tim Bliefnick's arrest.
Forrest Fenn hid a treasure somewhere in the Rocky Mountains. Five men died searching for it.
An anonymous letter writer terrorizes a small town, threatening to expose their rumored dark secrets.
A look back at the hallowed career of the indie "B-movie" filmmaker, known for exploitation films, monster flicks, and some bizarre movie posters.
Frank Fahrenkopf, co-chair of the Commission on Presidential Debates, joins The Takeout to discuss procedure, moderators & historical importance of presidential debates. The commission faces an uncertain future as tentative 2024 debates remain unsanctioned.
Participants once again descended upon Cooper's Hill in England, risking injury to chase a nine-pound wheel of cheese down a hill. Ian Lee takes a look at the tradition.
France will hold a series of ceremonies this week to commemorate 80 years since the D-Day invasion. While the remaining living Americans who participated in the attack are mostly too old to make the trip, those that could traveled to France for the occasion. Elaine Cobbe shares their stories.
Israel's attack on Rafah continued throughout the weekend as the fate of a cease-fire deal remained uncertain. Imtiaz Tyab has the latest.
First, a look at Fogo Island's comeback story. Then, uncovering Caligula's gardens. And, a report on rehabilitating Gorongosa National Park.