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Some analysts say now is the time for employees to be asking for a pay raise. CBS MoneyWatch reporter Megan Cerullo joins Debra Alfarone and David Begnaud to discuss why and review tips for asking for a salary increase - plus what to do if your employer says no.
Financial markets wobble amid investor concerns that the House speaker's visit could heighten U.S.-China tensions.
American employers posted fewer job openings in June as the economy contends with raging inflation and rising interest rates.
Ships packed with holiday gifts are starting to flood America's ports, including in Los Angeles. But 35,000 containers are clogging the docks, waiting for trains to transport cargo across the country. Carter Evans takes a look.
"Investors are still assessing where we break from here – further to the upside or reverse course," said one strategist.
High inflation and fears of a recession have many Americans wondering what to do with their 401(k) retirement investments. Those fears have been magnified by U.S. stocks falling by at least 20% from their most recent peak in January. CBS News MoneyWatch reporter Aimee Picchi joined CBS News' Errol Barnett and Debra Alfarone to discuss.
Missed the second half of the show? The latest on inflation concerns with Minneapolis Fed chief, Neel Kashkari, the 2022 CBS News Battleground Tracker finds GOP leads race for House, and a political panel discusses November's midterm elections and more.
Neel Kashkari, the head of the Federal Reserve Bank of Minneapolis, says "we keep getting surprised" by data on inflation, which continues to be "higher than we expect."
Democratic Sen. Joe Manchin of West Virginia says the agreement he reached with Senate Majority Leader Chuck Schumer "is fighting inflation, this is all about that."
This week on "Face the Nation with Margaret Brennan," with 100 days to go until the midterm elections, Democrats have revived a tax and spending package and hope voters will reward them if it passes. Plus, Minneapolis Federal Reserve President Neel Kashkari and the new CBS News Battleground Tracker.
Unemployment is down. Inflation is up. With the Federal Reserve Board again raising interest rates this week, plus new indications we could be in a recession, the economy is in uncharted waters. And no one seems certain about what's next or what to do. CBS News' chief political analyst John Dickerson helps us add it all up with the help of two experts: Lloyd Blankfein of Goldman Sachs, with the overview; and Michelle Singletary, a personal finance columnist for the Washington Post, with advice for all of us.
Investors have been cheered by better-than-expected corporate earnings, offsetting recession fears.
Sens. Joe Manchin and Pat Toomey, and Federal Reserve Bank of Minneapolis President Neel Kashkari, will appear on "Face the Nation with Margaret Brennan" this Sunday.
Soaring energy prices baked into delivery costs are driving up the cost of everything from apples to toilet paper.
The stock market closed out the week with gains as it responded to the Federal Reserve's interest rate hike. Melissa Armo, founder and owner of The Stock Swoosh, joins CBS News at the closing bell to break down what's driving the market.
"Consumer sentiment sure stinks but Americans nevertheless continue to increase their spending," said one economist.
U.S. economy shrinks for second consecutive quarter; Mega Millions jackpot tops $1 billion
The number of homeless people over 55 is expected to spike to 225,000 nationwide in the next four years, a 32% jump since 2017, according to a study.
The Commerce Department Thursday reported that the U.S. economy shrank for the second quarter in a row. Between April and June, the GDP fell at an annual rate of 0.9%. Peter Morici, a professor at the Robert H. Smith School of Business at the University of Maryland, joined CBS News to discuss what this could mean.
A growing number of baby boomers are experiencing homelessness amid rising rents and inflation. The number of homeless people over 55 is expected to swell to 225,000 nationwide by 2026, according to one study. Jonathan Vigliotti takes a look.
President Biden downplayed growing fears that the U.S. is headed into a recession after the economy shrunk for two quarters in a row. Mr. Biden argued that a new budget deal agreed upon by top Democrats would help fight inflation and urged Congress to pass it. Caitlin Huey-Burns reports.
President Biden said the economy is in a good place despite GDP falling for two consecutive quarters. Debra Alfarone reports from the White House. Then, Gene Sperling, senior adviser to the president, joined "Red and Blue" to discuss the state of the economy.
U.S. stocks ended in positive territory after the release of the latest GDP numbers and the Federal Reserve's decision to raise interest rates. Bankrate.com chief financial analyst Greg McBride joined CBS News' Christina Ruffini and Tanya Rivero to discuss.
President Biden says the budget bill agreed to by Senate Democrats Joe Manchin and Chuck Schumer will be "the most important investment that we've ever made in our energy security." Watch his full remarks.
Amid historic inflation many companies are using hidden fees to increase profits. CBS News MoneyWatch reporter Irina Ivanova has more on how consumers can combat surprise charges.
As Israel and Hezbollah cease fire after a year, President Biden says Palestinians in war-torn Gaza also "deserve an end of the fighting and displacement."
Mark Swidan, Kai Li, and John Leung have been released from detention, a spokesperson for the National Security Council said.
Tariffs on U.S. imports would raise prices for consumers on a range of goods, experts say. Here's what to know.
A woman saw a photo of a man she believed to be her brother who was reported missing in 1999. She was right.
The Trump transition team has yet to sign key agreements with the Justice Department or General Services Administration, White House officials say.
An Australian police officer who Tasered 95-year-old great-grandmother Clare Nowland in her care home has been found guilty of manslaughter.
The cartel allegedly uses fishing boats to smuggle drugs and migrants — and catch tons of red snapper, a commercially valuable but vulnerable species.
A professional treasure hunter has been charged in the theft of the 37 gold coins stolen from the wreckage of the 1715 Treasure Fleet.
Why is Thanksgiving traditionally associated with turkey and other specific foods? We asked a history expert why we eat what we do on the holiday.
The Trump transition team has yet to sign key agreements with the Justice Department or General Services Administration, White House officials say.
An Illinois mom got stuck with a big bill after taking her 3-year-old to the ER but never seeing a doctor. "It's mind-blowing," she said.
Mark Swidan, Kai Li, and John Leung have been released from detention, a spokesperson for the National Security Council said.
Tariffs on U.S. imports would raise prices for consumers on a range of goods, experts say. Here's what to know.
A woman saw a photo of a man she believed to be her brother who was reported missing in 1999. She was right.
An Illinois mom got stuck with a big bill after taking her 3-year-old to the ER but never seeing a doctor. "It's mind-blowing," she said.
Tariffs on U.S. imports would raise prices for consumers on a range of goods, experts say. Here's what to know.
23andMe CEO Anne Wojcicki talks to "CBS Mornings" co-host Gayle King about the company's recent struggles, welcoming employee feedback and her vision for the future of the genetic-testing and ancestry-tracing company.
The cartel allegedly uses fishing boats to smuggle drugs and migrants — and catch tons of red snapper, a commercially valuable but vulnerable species.
President-elect Donald Trump is proposing sweeping new tariffs on Mexico, Canada and China as soon as he takes office. Here's why.
The Trump transition team has yet to sign key agreements with the Justice Department or General Services Administration, White House officials say.
Dr. Jay Bhattacharya, who has faced restrictions on social media platforms because of his views, was a critic of pandemic lockdowns and vaccine mandates.
If confirmed as trade representative, Jamieson Greer would be responsible for negotiating directly with foreign governments on trade deals and disputes.
Alexander Smirnov, an FBI informant, was accused of lying about President Biden and Hunter Biden and now faces new charges of tax evasion.
Americans are most thankful for family and friends, which may be why they'll try to steer away from politics at Thanksgiving.
An Illinois mom got stuck with a big bill after taking her 3-year-old to the ER but never seeing a doctor. "It's mind-blowing," she said.
Why is Thanksgiving traditionally associated with turkey and other specific foods? We asked a history expert why we eat what we do on the holiday.
If you're looking forward to a delicious — and safe — Thanksgiving dinner with loved ones, here's how to cook your turkey and keep your leftovers safely.
A federal panel has been meeting for months to draft recommendations.
Dr. Jay Bhattacharya, who has faced restrictions on social media platforms because of his views, was a critic of pandemic lockdowns and vaccine mandates.
Australia's House of Representatives has passed a bill that would ban children under the age of 16 from using most social media platforms.
As Israel and Hezbollah cease fire after a year, President Biden says Palestinians in war-torn Gaza also "deserve an end of the fighting and displacement."
Mark Swidan, Kai Li, and John Leung have been released from detention, a spokesperson for the National Security Council said.
Torrential rain unleashed flooding and landslides on Indonesia's Sumatra island, killing 20 people and leaving at least two others missing.
The cartel allegedly uses fishing boats to smuggle drugs and migrants — and catch tons of red snapper, a commercially valuable but vulnerable species.
Members of the iconic band, the Grateful Dead, reflected on the impact bandmate Phil Lesh had on their lives and said they had hoped to play together again.
Iconic band The Grateful Dead, is remembering one of the band's original members, Phil Lesh, who died in October at 84 years old. The surviving original members of the band credit Lesh for the impact he made in each of their lives and revealed they were hoping to play together one more time.
Rapper Drake is taking Universal Music Group to court. In a petition, filed in Texas, Drake claims UMG knew Kendrick Lamar's "Not Like Us" contained false language accusing him of sex offenses, but released the song anyway and promoted it illegally. CBS News national correspondent Jericka Duncan has the latest.
Harvey Weinstein's lawyers filed a legal claim alleging that he is receiving substandard medical treatment in unhygienic conditions while in custody at Rikers Island.
Irish band The Script continues to inspire with hits like "Hall of Fame," while moving forward after the loss of guitarist Mark Sheehan. Danny O'Donoghue talks to Natalie Morales about the band's journey, and how boxing helps him cope.
Australia's House of Representatives has passed a bill that would ban children under the age of 16 from using most social media platforms.
British phone company Virgin Media O2 has developed an AI-generated grandmother to talk to scammers all day and waste their time so you don't have to. CBS News Confirmed executive producer Melissa Mahtani has more on the "grandma" and how you can protect yourself from phone scams.
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.
Starbucks managers forced to rely on manual systems to handle baristas' pay, but customers unaffected.
More than one third of travelers says they've incorporated artificial intelligence into their travel planning, according to a recent survey. CBS News compared how efficient booking a trip with the help of AI is compared to doing the research yourself.
Negotiators are far apart as the United Nations tries to work out the world's first treaty to curb plastic pollution. Issues creating roadblocks include limiting new manufacturing of plastic and the potential phasing out of some chemicals. For more on the talks, CBS News was joined by Erin Simon, vice president and head of plastic waste and business for the World Wildlife Fund in the U.S.
Forensic pathologists hope advanced DNA testing technology will enable them to attach names to all the unidentified people at the Honolulu Medical Examiner's Office.
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.
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.
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.
Daniel Andreas San Diego, a suspect in in two 2003 northern California bombings, was arrested in the U.K. this week. San Diego, who had been one of the FBI's most wanted terror suspects, now faces extradition.
Forensic pathologists hope advanced DNA testing technology will enable them to attach names to all the unidentified people at the Honolulu Medical Examiner's Office.
The cartel allegedly uses fishing boats to smuggle drugs and migrants — and catch tons of red snapper, a commercially valuable but vulnerable species.
An Australian police officer who Tasered 95-year-old great-grandmother Clare Nowland in her care home has been found guilty of manslaughter.
The Los Angeles County man, who was trying to board a flight to Australia, faces one count of intent to distribute methamphetamine.
The Sombrero galaxy, named for its resemblance to the Mexican hat, is about 30 million light-years from Earth.
Marc and Sharon Hagle, both making their second space flight, were among the passengers for the NS-28 mission.
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.
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.
President-elect Donald Trump was on hand with Elon Musk for the sixth test flight of SpaceX's huge Super Heavy-Starship rocket.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
See some of convicted serial killer Rodney Alcala's photographs that were discovered by detectives in a Seattle storage locker.
The seesaw marriage between the former ballerina and her much older husband only lasted four years, until she shot him on Sept. 27, 2020.
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.
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.
Daniel Andreas San Diego, a suspect in in two 2003 northern California bombings, was arrested in the U.K. this week. San Diego, who had been one of the FBI's most wanted terror suspects, now faces extradition.
Following a relatively long delay, President-elect Donald Trump's team has signed the documents that will allow them to start working with their counterparts in the Biden administration before Trump's January inauguration. CBS News senior White House correspondent Weijia Jiang has more.
Rising sea levels and erosion are reshaping Maryland's Smith Island, putting residents at risk of becoming some of the country’s first climate refugees. Jon Wertheim reports, Sunday.
AAA says more than 71 million people will take road trips to their destinations for Thanksgiving this week. CBS News senior transportation correspondent Kris Van Cleave has a report from I-95 near Philadelphia, CBS News Philadelphia reporter Brandon Goldner has a look at the airport in Philly and CBS News Philadelphia meteorologist Grant Gilmore has the national weather forecast.
This Thanksgiving, the Chicago Bears and Detroit Lions face off in a classic rivalry game. CBS Sports' Keiana Martin breaks down the day's football action for seasoned fans and newcomers.