The job market is strong. So why did layoffs double in January?
Although U.S. unemployment remains near a 50-year low, job losses have surged this month. Here's what tells about the state of the labor market.
Consumer News
Here are the most and least expensive U.S. neighborhoods per square foot
Homes in the most expensive ZIP codes cost almost 200 times more than the cheapest on a square-foot basis, a new analysis finds.
ADHD medication recalled because bottles may contain a different drug
Azurity Pharmaceuticals is recalling Zanzedi after a pharmacist found a pill with sedative effects in a package of the stimulant drug.
Child Tax Credit could be expanded
In today's MoneyWatch, a potential game-changer for parents: Congress is considering a significant expansion of the child tax credit, which could mean increased savings or larger tax refunds for families. CBS News business analyst Jill Schlesinger has more.
S&P 500 notches first record high in two years in tech-driven run
Wall Street ended the week with stocks at all-time highs, bolstered by investor expectations of Federal Reserve interest rates cuts.
Breaking down stock market's 1st week of 2024
The Dow Jones, NASDAQ and S&P 500 all closed relatively flat on the first Friday of 2024. Javier David, Axios managing editor for business and markets, and Kristin Myers, editor-in-chief and senior vice president of ETF.com, join CBS News to recap the week on Wall Street.
Xfinity hack affects nearly 36 million customers. Here's what to know.
A major data breach at Comcast-owned Xfinity exposed people's account names, passwords and other personal data.
Shipping companies announce crucial deadlines for holiday shipping
With Christmas falling on a Monday this year, Sunday deliveries will be limited, making it even more important to meet the deadlines.
SmileDirectClub ceases operations immediately — here's what it means for their customers
For customers of SmileDirectClub, they were greeted with a message that they had shut down when logging on to its website.
CVS to overhaul drug pricing system
CVS announced a new policy to make prescription drug prices more predictable. Tina Reed, senior health care reporter at Axios, joins CBS News to discuss what the move means for consumers.
Inside the rise of the subscription economy
Subscriptions aren't just for streaming services. Groceries, clothes, pet supplies and even extra horsepower for Mercedes-Benz' electric vehicles can now be bought for a monthly fee. David Mack, a freelance writer and reporter who recently wrote a New York Times opinion piece about the subscription economy, joined CBS News to discuss what this all means for consumers.
Citi illegally discriminated against Armenian-Americans, feds say
Federal financial regulators allege that Citi denied credit card applications from Americans of Armenian descent.
High costs still making consumers angry
People across the country remain "deeply dissatisfied" with the state of the economy even as the rate of inflation declines. Amara Omeokwe, an economics reporter with The Wall Street Journal, shares her latest reporting on why consumers remain angry.
Americans are spending more instead of saving
American consumers are spending more and not saving as much, according to reporting by Rachel Wolfe, who covers consumer trends for The Wall Street Journal. Wolfe joins CBS News to explain why a reset of priorities after the COVID-19 pandemic could be leading to more immediate spending.
Traveling over the holidays? Now is the best time to book flights.
Travelers have a couple more weeks to lock in good deals during the "Goldilocks window" before the holidays, said one expert.
New wave of deceptive pricing lawsuits
Large retailers are facing a new wave of lawsuits over allegations that they're using marketing tactics that mislead consumers about pricing discounts. Patrick Coffee, a reporter at The Wall Street Journal, joins CBS News to discuss the latest "deceptive" pricing claims.
Bed, Bath & Beyond revived as online retailer
After filing for bankruptcy earlier this year, Bed, Bath & Beyond has been relaunched as an online store by Overstock.com. Insider senior reporter Dominick Reuter explains.
FTC chair on monopolies and mergers
Lina Khan is the youngest chair of the Federal Trade Commission ever. CBS News' John Dickerson spoke with Khan about the FTC's role in protecting consumers, fighting monopolies and the strong reaction her efforts have sparked from judges, Republicans and businesses.
Chipotle testing a robot, dubbed "Autocado," that makes guacamole
Restaurant chain said the robot can make a batch of guacamole in half the time it takes human workers.
Live Nation's hidden ticket fees will no longer be hidden, company says
Concert giant promises more transparent pricing for consumers as the Biden administration cracks down on"junk" fees.
Bud Light is no longer America's best-selling beer. Here's why
Mexican-style lager Modelo Especial outsold the popular Anheuser-Busch last month, new sales data shows.
How to ensure your Taylor Swift concert tickets aren't fake
Scammers are on the prowl for fans eager to catch their favorite acts. Follow these tips to avoid getting ripped off.
TurboTax users can get settlement money from Intuit. Here's how.
The refunds are part of a $141 million settlement affecting more than 4 million consumers all 50 states plus Washington, D.C.
Airbnb CEO on new features, safety and AI
Airbnb co-founder and CEO Brian Chesky joins "CBS Mornings" to discuss the company's 2023 Summer Release, including some new features and a focus on Airbnb Rooms. Plus, he addresses users safety, privacy concerns, the impact of inflation and a possible recession.
Will Fed raise interest rates again this week? Here's what to expect.
Central bank officials will announce on Wednesday if they are hiking the federal funds rate for a 10th consecutive time.
UATX launches, touting ideological openness and debate
The University of Austin, or UATX, is teaching its inaugural class of 92 college students. The school, with its focus on free speech, has been labeled by some as "anti-woke."
Poll: Trump starts on positive note as most approve of transition handling
Democrats say they're concerned or scared Trump will threaten their rights, but fewer than half feel motivated to oppose him.
Duckworth says Trump Pentagon pick is "flat-out wrong" about women in combat
Democratic Sen. Tammy Duckworth said that Pete Hegseth is "flat-out wrong" in his view that women should not serve in the military in combat roles.
Potential winter storms forecast across U.S. for Thanksgiving week
Forecasters have warned of another round of winter weather that could complicate travel around the Thanksgiving holiday.
Congressional stalemate causing backlog in aid applications after Helene
Helene ransacked western North Carolina on Sept. 27, leaving a path of devastation, death and an economic calamity from which the state will need years to recover.
A team of researchers has warned about "pink cocaine" for over a year
The death of music star Liam Payne has thrust "pink cocaine," sometimes also called Tusi, into the national spotlight. The National Drug Early Warning System predicted its rise back in 2023.
H.R. McMaster says coming months are "really critical" for Ukraine
Lt. Gen. H.R. McMaster said that Russia and Ukraine are both incentivized to make "as many gains on the battlefield as they can before the new Trump administration comes in."
Chuck Woolery, host of "Love Connection" and "Scrabble," dies at 83
Chuck Woolery was inducted into the American TV Game Show Hall of Fame in 2007 and earned a daytime Emmy nomination in 1978.
Connecticut couple charged in $1 million Lululemon theft operation
A couple from Connecticut is charged with allegedly orchestrating a retail theft operation that may have cost Lululemon as much as $1 million.
U.S.
More U.S.
A team of researchers has warned about "pink cocaine" for over a year
The death of music star Liam Payne has thrust "pink cocaine," sometimes also called Tusi, into the national spotlight. The National Drug Early Warning System predicted its rise back in 2023.
Connecticut couple charged in $1 million Lululemon theft operation
A couple from Connecticut is charged with allegedly orchestrating a retail theft operation that may have cost Lululemon as much as $1 million.
H.R. McMaster says coming months are "really critical" for Ukraine
Lt. Gen. H.R. McMaster said that Russia and Ukraine are both incentivized to make "as many gains on the battlefield as they can before the new Trump administration comes in."
Full transcript of "Face the Nation with Margaret Brennan," Nov. 24, 2024
On this "Face the Nation with Margaret Brennan" broadcast, Sen. Rand Paul and Tammy Duckworth join Margaret Brennan.
Chuck Woolery, host of "Love Connection" and "Scrabble," dies at 83
Chuck Woolery was inducted into the American TV Game Show Hall of Fame in 2007 and earned a daytime Emmy nomination in 1978.
MoneyWatch
More MoneyWatch
Hyundai, Kia recall more than 208,000 electric vehicles over power loss issue
Car dealers will inspect and replace the control unit and a fuse if needed, as well as update software.
Who is Scott Bessent? What to know about Trump's Treasury secretary pick.
If confirmed, Bessent would runn the department that manages the nation's finances as well as its tax agency, the Internal Revenue Service.
Trump selects Scott Bessent for Treasury secretary
Scott Bessent, the founder of the Connecticut-based hedge fund Key Square Group, had been making a full-court press for the post.
Walmart must pay driver it accused of fraud $35 million, jury says
A jury ruled that Walmart must pay a former employee almost $35 million after finding that the retailer defamed him.
Eggs are getting scarcer and pricier ahead of the holidays. Here's why.
Highly Pathogenic Avian Influenza — also known as bird flu — is killing layer hens and reducing the nation's egg supply.
Politics
More Politics
Congress stalemate causing backlog in aid applications after Helene
Helene ransacked western North Carolina on Sept. 27, leaving a path of devastation, death and an economic calamity from which the state will need years to recover.
H.R. McMaster says coming months are "really critical" for Ukraine
Lt. Gen. H.R. McMaster said that Russia and Ukraine are both incentivized to make "as many gains on the battlefield as they can before the new Trump administration comes in."
Full transcript of "Face the Nation with Margaret Brennan," Nov. 24, 2024
On this "Face the Nation with Margaret Brennan" broadcast, Sen. Rand Paul and Tammy Duckworth join Margaret Brennan.
Duckworth says Trump Pentagon pick is "flat-out wrong" about women in combat
Democratic Sen. Tammy Duckworth said that Pete Hegseth is "flat-out wrong" in his view that women should not serve in the military in combat roles.
Transcript: Rep.-elect Sarah McBride on "Face the Nation with Margaret Brennan," Nov. 24, 2024
The following is a transcript of an interview with Rep.-elect Sarah McBride, Democrat of Delaware, on "Face the Nation with Margaret Brennan" that aired on Nov. 24, 2024.
HealthWatch
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A study to devise nutritional guidance just for you
When it comes to eating healthy, all of us respond to foods differently. The National Institutes of Health's new nutrition study hopes to finally provide Americans a personalized answer to the question: "What should I eat?"
A study to personalize nutrition guidance just for you
From the four food groups to the Food Pyramid, the U.S. government has long offered guidance to Americans hoping to eat a healthier diet. But there's growing scientific consensus that when it comes to eating healthy, all of us respond to foods differently. And to prove it, the National Institutes of Health has embarked on the most ambitious nutrition study ever, hoping to finally provide Americans a personalized answer to the question: "What should I eat?" Correspondent Lee Cowan reports.
New treatments offer hope for older patients with a deadly cancer diagnosis
Glioblastoma typically kills within 18 months, but a new type of treatment has kept Nadya El-Afandi's scans clear 17 months after diagnosis.
1 infant dead in California, 9 hospitalized in latest listeria outbreak
Laboratory findings show that Yu-Shang Food ready-to-eat meat and poultry products were making people sick, the CDC said.
E. coli outbreak in St. Louis sickens 106, hospitalizes 2
More than half of the cases involve students, parents and guests of Rockwood Summit High School who attended events where food from Andre's Banquets and Catering was served.
World
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Former Israeli hostages mark 1 year since war's only release deal
The only truce in the ongoing Israel-Hamas war on Nov. 24, 2023 – fewer than two months after fighting began – led to the release of 80 Israelis held by militants in Gaza.
Gunmen in southeast Mexico open fire in a bar killing 6 and injuring 5
The shooting took place in the coastal province of Tabasco, which is struggling with a recent increase in violence.
Israeli strike kills Lebanese soldier as Hezbollah fires 185 rockets at Israel
Israeli strikes have killed over 40 Lebanese troops since the start of the war between Israel and Hezbollah, even as Lebanon's military has largely kept to the sidelines.
Gazan chefs cook up hope and humanity for online audience
Ten-year-old Chef Renad (who's gained a following on Instagram) and Hamada Shaqoura (who relies on humanitarian aid and crude cooking arrangements) educate while preparing meals in war-torn Gaza.
U.S Air Force says drones spotted near 3 bases in England last week
The drones were spotted between Wednesday and Friday near RAF Lakenheath, RAF Mildenhall and RAF Feltwell.
Entertainment
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Chuck Woolery, host of "Love Connection" and "Scrabble," dies at 83
Chuck Woolery was inducted into the American TV Game Show Hall of Fame in 2007 and earned a daytime Emmy nomination in 1978.
What makes a martini a martini?
There are very few American inventions more American than the martini – a classic cocktail of gin and vermouth, garnished with lemon. But today, a martini's ingredients may be up for debate.
Mick Fleetwood plays to the future in Maui
Last year's horrific wildfires turned Lahaina into a disaster zone, and destroyed the Fleetwood Mac founder's club, Fleetwood's on Front Street. Today, Mick Fleetwood is determined to rebuild, saying, "There has to be music."
Mick Fleetwood plays to the future in Maui
As a young man, Fleetwood Mac founder Mick Fleetwood dreamed of a place – a club – where he could get his friends together. Twelve years ago, he made it happen in the west Maui city of Lahaina: Fleetwood's on Front Street. But last year's horrific wildfires turned Lahaina into a disaster zone, and destroyed his treasured club. Today, Fleetwood says he's determined to rebuild. Correspondent Tracy Smith reports.
"Sandwiches of History": Resurrecting sandwich recipes that time forgot
Every week on his blog, "Sandwiches of History," Barry Enderwick rescues sandwich recipes from the dustbin of history. He's now collected some of the unlikeliest (and even amazing) historical recipes in a cookbook.
Technology
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Technology
A new generation of shopping cart, with GPS and AI
At a Price Chopper outside Kansas City, shoppers are test driving the new Caper Cart, featuring digital screens, GPS, cameras equipped with artificial intelligence, and packaging scanners that spit out coupons. Correspondent Jonathan Vigliotti looks at the technology used to "reinvent the wheel" of the shopping cart.
Who has the best Black Friday tech prices?
Black Friday is almost here, but some of the hottest tech items are already on sale. CNET senior editor Lisa Eadicicco joins CBS News to discuss high-demand gifts and what retailers offer the best prices.
How AI powered robots are helping small farms
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.
AI grandma fights back against scammers
Daisy's mission is two-fold: To waste scammers' time so they can't speak to real people and to draw attention to fraud by warning consumers to be vigilant.
Australia could ban social media for kids
Australian legislators introduced a landmark bill Thursday to ban social media for children under 16. CBS News London's Leigh Kiniry reports on what this could mean for social media companies.
Science
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Science
Dishing up space food
At the Johnson Space Food Systems Laboratory in Houston, NASA scientists develop dishes – freeze-dried, heat-stabilized, or irradiated – to serve on the International Space Station. Correspondent David Pogue checks out what's on the menu in Earth orbit.
How are U.S. winters permanently changing?
This winter, the National Oceanic and Atmospheric Administration predicted above-average temperatures throughout the U.S. because of a "slowly developing" La Niña pattern. CBS News Sacramento meteorologist Tracy Humphrey reports on the changing winter conditions.
Emperor penguin found on Australian beach released at sea after 20 days of care
The only emperor penguin known to have swum from Antarctica to Australia was released at sea 20 days after he waddled ashore on a popular tourist beach.
Iceland volcano flares in region's 7th eruption in one year
A volcano erupted in southern Iceland, near the town of Grindavík and the Blue Lagoon spa, marking the region's seventh eruption in a year.
How collecting pine cones helps renew Oregon forests after wildfires
Conservationists are teaming up with the U.S. Forest Service and logging companies to clear scorched land and make room for new reforestation projects.
Crime
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Venezuelan gangs trying to recruit kids from migrant families, NYPD says
There is growing concern among the police over an increase in Venezuelan gang activity across New York City.
Law enforcement raises warning over "pink cocaine"
Law enforcement is raising alarm bells over a drug called pink cocaine. It doesn't actually contain cocaine, but is instead a combination of other substances. Tom Hanson has more on the spread of the potentially deadly drug.
Connecticut couple charged in $1 million Lululemon theft operation
A couple from Connecticut is charged with allegedly orchestrating a retail theft operation that may have cost Lululemon as much as $1 million.
Fugitive Kaitlin Armstrong caught after answering ad for a yoga instructor
When cyclist Anna Moriah "Mo" Wilson was murdered in Texas, U.S. Marshals assigned to the case used a unique tactic to track down her suspected killer in Costa Rica and bring the fugitive to justice.
$20 million settlement reached in death of woman fatally shot by officer
Teresa Gomez, 45, was fatally shot in 2023 after a Las Cruces police officer on a bicycle approached her while she sat in a parked car with another person, authorities said.
Space
More Space
Blue Origin launches 6 tourists to the edge of space
Marc and Sharon Hagle, both making their second space flight, were among the passengers for the NS-28 mission.
Blue Origin launches 9th space tourism flight
The ninth Blue Origin space tourism flight launched from West Texas Friday morning. CBS News space consultant Bill Harwood and space expert Scott Heidler offered analysis of the flight.
Trump, Musk attend SpaceX launch
President-elect Donald Trump attended SpaceX's sixth flight test of its Super Heavy-Starship on Tuesday with CEO Elon Musk. The burgeoning friendship between the two men played a key role in Trump's reelection, with Musk now set to run a government efficiency agency in the coming months. CBS News political reporter Jake Rosen and Politico aviation reporter Oriana Pawlyk join "America Decides" with more.
SpaceX launches Super Heavy-Starship, with Trump there to watch
President-elect Donald Trump was on hand with Elon Musk for the sixth test flight of SpaceX's huge Super Heavy-Starship rocket.
Far side of the moon once had erupting volcanoes, lunar soil shows
Researchers analyzed lunar soil brought back by China's Chang'e-6, the first spacecraft to return with a haul of rocks and dirt from the little-explored far side.
Latest Galleries
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Notable Deaths in 2024
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Serial killer Rodney Alcala's secret photos
See some of convicted serial killer Rodney Alcala's photographs that were discovered by detectives in a Seattle storage locker.
The troubled marriage of Ashley and Doug Benefield
The seesaw marriage between the former ballerina and her much older husband only lasted four years, until she shot him on Sept. 27, 2020.
Evidence in "The Dexter Killer" case
A look at the evidence in "The Dexter Killer" case; plus, newly revealed letters from the man police say wanted to be like fictional serial killer Dexter Morgan.
Summer music heats up 2024
Live performances are in full swing this summer. Scroll through our concert gallery, featuring pictures by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
Latest CBS News Videos
More Latest CBS News Videos
Latest CBS News Videos
11/24: The Takeout: Sen. Joe Manchin
Sen. Joe Manchin joins "The Takeout" to discuss his political career and the state of American politics in 2024. Manchin provides insight on his disagreements with Democrats during Biden's presidency, why he left the party and how it can move forward after falling short this past election.
60 Minutes returns to Notre Dame
Next Sunday, 60 Minutes returns to the Cathedral of Notre Dame in Paris, bringing viewers a unique first look at the rebirth of one of the world’s great treasures.
Texas pie shop sees huge lines for Thanksgiving
Houston's Flying Saucer Pie Company has a devoted following, with people camping out overnight and lines up to half a mile long to get dessert for Thanksgiving. Janet Shamlian takes a look at what makes this shop so special.
Law enforcement raises warning over "pink cocaine"
Law enforcement is raising alarm bells over a drug called pink cocaine. It doesn't actually contain cocaine, but is instead a combination of other substances. Tom Hanson has more on the spread of the potentially deadly drug.
Thanksgiving travel ramping up
Some people are already getting a headstart on their Thanksgiving travel this weekend, as airports are expected to be packed as the week progresses. More than 70 million people are also expected to drive to their holiday destinations. Shanelle Kaul reports.