New jobs data beats expectations
The U.S. added 115,000 jobs in April, but some data remains concerning. CBS News' Kelly O'Grady reports.
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The U.S. added 115,000 jobs in April, but some data remains concerning. CBS News' Kelly O'Grady reports.
More Americans are starting and expanding small businesses, according to new data. CBS News' Jill Schlesinger has more. (Sponsored by AT&T Business)
A lawyer for bankrupt Spirit Airlines said the rising cost of fuel "engulfed" the airline, drained its liquidity, and derailed its restructuring efforts. There's a sense of urgency to expedite the liquidation process because lawyers say it would benefit creditors and customers. Bob Allen, managing editor of Nomadic Aviation Group, which handles private flight operations for the aircraft leasing industry, joins "The Daily Report" to discuss.
President Trump on Wednesday spoke to reporters about the prospects of a final deal with Iran, saying U.S. officials have had "very good talks over the last 24 hours."
For the first time since World War II, the U.S. national debt has surpassed the size of its economy. CBS News MoneyWatch associate managing editor Aimee Picchi has more.
Federal debt held by the public now surpasses the total value of the nation's economic output. Here's why experts say that's a concern.
The U.S. debt is exceeding the country's gross domestic product for the first time since World War II. CBS News contributor Javier David has more.
Vice President JD Vance is headed to Iowa on Tuesday for a campaign event as concerns over the U.S. economy grow amid the war with Iran. CBS News' Ed O'Keefe has more.
Neel Kashkari, the president and CEO of the Minneapolis Fed, told "Face the Nation with Margaret Brennan" that while economists have been watching for an interest rate cut, "we all need to be open-minded about where interest rates are going because there's so much uncertainty coming out of the Middle East."
White House National Economic Council Director Kevin Hassett told "Face the Nation with Margaret Brennan" that although Spirit Airlines said rising fuel prices had contributed to its demise, "energy shocks don't have a big effect" on other airlines' business. But he acknowledged that "certainly, that will affect the profits for the airlines for a quarter or so."
Consumers are cutting back on goods with sharp price increases, according to the Bureau of Economic Analysis. From December to February, spending on clothing fell 7%, spending on furniture fell 5% and spending on sports equipment fell 6%. The Wall Street Journal economics reporter Rachel Wolfe writes in her recent piece that recent inflation is not driven by consumer demand, but by companies passing on increased costs to customers. She joins "The Daily Report" to discuss.
CBS News has learned Spirit Airlines could go out of business as soon as Saturday after bailout talks with the Trump White House stalled. CBS News senior transportation correspondent Kris Van Cleave has the details. Then, Politico aviation reporter Oriana Pawlyk joins to assess the potential economic fallout.
The national average gas price is up to $4.30 per gallon, the highest in four years, as President Trump said Thursday that gas prices "will drop like a rock" when the Iran war ends. Ted Rossman, principal analyst at Bankrate, joins "The Daily Report" with more.
The ceasefire with Iran is holding, but negotiations are stalled. The ripple effects: tight energy supplies, price spikes and recession risks. Edward Fishman, former Russian and Europe sanctions lead at the State Department, joins with analysis.
Oil surged overnight Wednesday into Thursday to $126 a barrel, before eventually falling. CBS News MoneyWatch correspondent Kelly O'Grady reports.
President Trump took questions from reporters at the Oval Office on Thursday after signing an executive order on retirement planning. CBS News senior White House and political correspondent Ed O'Keefe joins following the president's remarks.
For its third consecutive meeting, the Federal Reserve left its benchmark interest rate unchanged. CBS News MoneyWatch correspondent Kelly O'Grady reports.
The Federal Reserve held its benchmark interest rate steady on Wednesday as the U.S. economy continues to grapple with rising inflation. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Gas prices have surged to their highest level since the start of the U.S.-Israeli war with Iran. CBS News MoneyWatch correspondent Kelly O'Grady has the details.
The Strait of Hormuz remains in limbo amid Iran's latest offer to reach a deal with the U.S. Meanwhile, the United Arab Emirates announced its exit from the Organization of the Petroleum Exporting Countries (OPEC), effective May 1. CBS News' Ramy Inocencio has more.
Economists say Americans should expect elevated prices at the pump and rising grocery costs in the months to come.
Food prices have jumped nearly 20% since 2022 and as the Iran war continues, they could rise even more. Kelly O'Grady explains how you can cut costs and stay on budget.
Warner Bros. Discovery shareholders voted on Thursday to approve Paramount Skydance's acquisition of the company in a deal valued at roughly $81 billion. Paramount Skydance is the parent company of CBS News. CBS News senior business and tech correspondent Jo Ling Kent reports on the vote and next steps.
Canada's Prime Minister Mark Carney said Thursday that his country won't budge on the ban against U.S. liquor sales in most provinces because President Trump's tariffs started the trade battle. Ontario Premier Doug Ford joins "The Takeout" to discuss what it would take to lift the boycott.
Sources tell CBS News the Trump administration is discussing a bailout for Spirit Airlines that could include a loan of up to $500 million. Former Trump economic adviser Stephen Moore joins "The Takeout" with his perspective.
Secretary of State Marco Rubio said the U.S. was expecting a response from Iran on a peace proposal Friday, adding, "we'll see what the response entails" and that he hopes it's "a serious offer."
Defense Secretary Pete Hegseth said in a statement that the documents "have long fueled justified speculation — and it's time the American people see it for themselves."
The Trump administration announced a major expansion of its denaturalization campaign targeting foreign-born American citizens accused of fraudulently obtaining U.S. citizenship.
More than 12,000 people gave up their asylum claims or voluntarily departed the U.S. as ICE moved to cut cases short by sending asylum-seekers to third countries, a CBS News analysis found.
Kirk Moore, the Oklahoma principal who tackled a gunman, sits down with CBS News for a network exclusive interview airing Monday on "CBS Mornings."
The MV Hondius is currently traveling to the Canary Islands, where the 147 people on board will be methodically off-boarded and flown home.
Secretary of State Marco Rubio said the U.S. expects to receive Iran's response to the draft agreement for ending the war "today at some point."
President Trump said the agreement will swap 1,000 prisoners from each country after Russia and Ukraine announced separate short-term ceasefire plans.
A CBS News visual investigation is revealing new details of an alleged assassination attempt on President Trump at this year's White House Correspondents' Dinner.
A trade court's ruling this week against a 10% U.S. tariff is narrow in scope, offering limited relief to importers. Here's what to know.
Local officials in Arizona are pushing to remove Pima County Sheriff Chris Nanos, who is leading the Nancy Guthrie probe, alleging Nanos lied under oath during a deposition for an unrelated lawsuit.
The Trump administration announced a major expansion of its denaturalization campaign targeting foreign-born American citizens accused of fraudulently obtaining U.S. citizenship.
The MV Hondius is currently traveling to the Canary Islands, where the 147 people on board will be methodically off-boarded and flown home.
NASA's Apollo 17 crew reported seeing three mysterious dots and sparks that resembled fireworks, according to new files released by the Pentagon.
A trade court's ruling this week against a 10% U.S. tariff is narrow in scope, offering limited relief to importers. Here's what to know.
ABC filed a petition with the FCC claiming that the agency's scrutiny of "The View" threatens to "chill critical protected speech."
Hiring once again exceeded forecasts, with employers adding far more than the projected gains of 65,000.
The tariffs were put in place in February, days after the Supreme Court struck down President Trump's previous round of sweeping "Liberation Day" tariffs.
As more people turn to chatbots for financial advice, experts say AI offers both pros and cons for retirement planning. Here's what to know.
A trade court's ruling this week against a 10% U.S. tariff is narrow in scope, offering limited relief to importers. Here's what to know.
President Trump said the agreement will swap 1,000 prisoners from each country after Russia and Ukraine announced separate short-term ceasefire plans.
The Trump administration announced a major expansion of its denaturalization campaign targeting foreign-born American citizens accused of fraudulently obtaining U.S. citizenship.
In an exclusive interview with CBS News, former reality star Spencer Pratt addressed his inexperience in politics as he runs for L.A. mayor.
More than 12,000 people gave up their asylum claims or voluntarily departed the U.S. as ICE moved to cut cases short by sending asylum-seekers to third countries, a CBS News analysis found.
The MV Hondius is currently traveling to the Canary Islands, where the 147 people on board will be methodically off-boarded and flown home.
Global health officials are working to track down passengers who departed a hantavirus-stricken cruise ship weeks ago, including multiple Americans. Meanwhile, for the first time on Thursday, President Trump addressed the response to the deadly outbreak. Tom Hanson has the latest on the cruise ship and Dr. Celine Gounder breaks down what to know about the virus.
After almost a full day of sailing, the hantavirus-stricken cruise ship is slowly closing in on its destination, about 600 nautical miles away from Spain's Canary Islands. Tom Hanson has more details, and Dr. Jon LaPook has more about the virus.
Health officials have identified at least eight confirmed or suspected cases of hantavirus tied to an outbreak on the M/V Hondius cruise ship.
American passengers who left the MV Hondius cruise ship in April are being monitored for hantavirus in at least five states, health officials said.
President Trump said the agreement will swap 1,000 prisoners from each country after Russia and Ukraine announced separate short-term ceasefire plans.
The MV Hondius is currently traveling to the Canary Islands, where the 147 people on board will be methodically off-boarded and flown home.
More than 12,000 people gave up their asylum claims or voluntarily departed the U.S. as ICE moved to cut cases short by sending asylum-seekers to third countries, a CBS News analysis found.
One U.K. lawmaker says big election losses for the ruling Labour Party and its main rivals show the de-facto two-party system is "not just dying, it is dead."
State-run media reported that the newly found rough ruby was discovered in mid-April, just after the traditional New Year festival.
Lizzo sits down with "CBS Mornings" co-host Gayle King to discuss her third album, "Bitch," and how it reflects her current state in life, her ongoing legal battle, weight loss journey, embracing her body and more.
Australian musician Ben Abraham has worked with multiple singers, from Sara Bareilles to Ben Platt. The singer-songwriter speaks to "CBS Mornings" about the highs and lows of his music journey and how he hopes he can "make a difference" through his art.
UFC president and CEO Dana White joins "CBS Mornings" to break down UFC 328, which is being held this weekend. The main event features undefeated champion Khamzat Chimaev defending his middleweight belt against former champion Sean Strickland.
Spencer Pratt has said he was compelled to launch his unlikely mayoral run after his home was destroyed in last year's devastating Los Angeles wildfires.
(Warning: Spoilers ahead!) "CBS Mornings" reveals details of the latest "Survivor 50" episode and elimination ceremony, which had another surprise for the castaways.
The online learning platform Canvas, which is used by 30 million students around the world, was hacked Thursday in a massive cyberattack. The platform is used by thousands of schools, including major universities. Jo Ling Kent reports.
A system that thousands of schools and universities use was offline due to a cyberattack.
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.
As more people turn to chatbots for financial advice, experts say AI offers both pros and cons for retirement planning. Here's what to know.
Fitness trackers started as devices for measuring workouts, but now they are designed for 24/7 monitoring and the passive collection of health data. Fitbit announced its latest device, called the Fitbit Air, to compete with other screenless trackers like the Whoop. Tech journalist Lexi Savvides joins CBS News with more.
Defense Secretary Pete Hegseth said in a statement that the documents "have long fueled justified speculation — and it's time the American people see it for themselves."
If confirmed, the rock would become just the second world past Neptune in our solar system to host an atmosphere.
Bill Nye The Science Guy, the chief ambassador of The Planetary Society, joins CBS News 24/7 Mornings with more after meeting the Artemis II crew in person after their successful mission around the moon.
The Trump administration has fired all 22 current members of an independent board that oversees the National Science Foundation, one dismissed member says.
Archaeologists found the victim holding a terracotta mortar, which they interpret as an improvised attempt to shield his head.
The search for Michigan mother Lynette Hooker headed into a fifth week as Coast Guard investigators seek to question the owners of a sailboat that was moored near the Hooker's vessel when she went missing. Cristian Benavides reports.
CBS News homeland security correspondent Nicole Sganga returned to the Hilton Hotel in Washington, D.C., to better understand the security surrounding the White House Correspondents' Dinner. What she found was a 13-minute gap in security camera coverage in the moments leading up to the shooting.
A federal judge has made public an apparent suicide note written by convicted sex offender Jeffrey Epstein. CBS News' Anna Schecter reports.
A CBS News team analyzed the security footage of the White House Correspondents' Dinner shooting. Nicole Sganga breaks down what we learned.
A CBS News visual investigation reveals new details in an alleged assassination attempt on President Trump at this year's White House Correspondents' Dinner.
NASA's Apollo 17 crew reported seeing three mysterious dots and sparks that resembled fireworks, according to new files released by the Pentagon.
Defense Secretary Pete Hegseth said in a statement that the documents "have long fueled justified speculation — and it's time the American people see it for themselves."
If confirmed, the rock would become just the second world past Neptune in our solar system to host an atmosphere.
The Artemis II team gained a new member, and the crew made sure their youngest teammate had the right stuff for space.
The Artemis II astronauts said they actually really enjoyed the space food, but it was a familiar candy they enjoyed after splashing down in the Pacific Ocean.
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.
Lizzo sits down with "CBS Mornings" co-host Gayle King to discuss her third album, "Bitch," and how it reflects her current state in life, her ongoing legal battle, weight loss journey, embracing her body and more.
President Trump announced a three-day ceasefire between Russia and Ukraine for Victory Day. CBS News' Olivia Rinaldi reports.
The Pentagon released more files related to UFOs and UAPs after an order from President Trump. Garry Nolan, a pathology professor at Stanford University School of Medicine, joins CBS News with more details.
CBS News' Norah O'Donnell got an inside look at Castel Gandolfo, the traditional papal summer residence.
Virginia's redistricting plan has been struck down by the state's highest court, a major blow to Democrats. CBS News' Fin Gómez reports.