Jobless claims at 8-month high as layoffs edge higher
Although the labor market is slowing, businesses around the U.S. still have millions of job openings. .
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Although the labor market is slowing, businesses around the U.S. still have millions of job openings. .
CEO Vlad Tenev says soaring inflation and cryptocurrency crash is discouraging customers from trading.
The latest Labor Department report shows that new unemployment filings fell to 231,000 for the week of June 25, down 2,000 from the previous week. CBS News' Vladimir Duthiers and Anne-Marie Green sit down with Kathryn Gill, a reporter for The Wall Street Journal, to discuss these figures and other developments in the U.S. labor market and economy.
The U.S. added 431,000 jobs in March as the unemployment rate dropped to 3.6%. Friday's jobs report also showed wages grew 5.6% in the past year. Sarah House, a senior economist at Wells Fargo, joined CBS News after the closing bell on Wall Street to discuss what this signals for the future of the U.S. economy.
The Labor Department is reporting another impressive month of job growth with U.S. employers adding 428,000 new jobs in April. The unemployment rate held steady at 3.6%. Daniel Zhao, a senior economist at Glassdoor, joins CBS News to discuss the latest numbers.
The U,S. added 372,000 new jobs in the month of June according to the latest report from the Labor Department. Axios business reporter Hope King joined CBS News to discuss this stronger than predicted growth.
The U.S. added 431,000 jobs in the month of March, a sign the economy is continuing to rebound and the job market is growing. Gargi Chaudhuri, head of iShares Investment Strategy Americas at BlackRock, joined CBS News to break down the data.
Job growth accelerated more than expected last month despite growing fears of a possible recession. According to the Labor Department, the labor market added 372,000 jobs in June. Lori Bettinger, president of BancAlliance and former director of the Troubled Asset Relief Program during the Obama administration, joins CBS News to discuss what the latest jobs report means for the state of the economy.
The May jobs report came in better than expected. The U.S. added 390,000 jobs during the month, and the unemployment rate remained at 3.6%. But inflation is causing a change in trends of how consumers are spending their money. Kevin Gordon, senior investment research manager at Charles Schwab, joins CBS News to break down the jobs report and what it signals about the state of the economy.
The U.S. added 372,000 jobs in June, and with the unemployment rate remaining steady at 3.6%, Rick Newman, senior columnist at Yahoo Finance, told CBS News that could be a positive sign the U.S. is not heading for a recession.
CBS News' Tanya Rivero talks with Hope King, a business reporter for Axios, about the current state of the U.S. economy, what impacted the U.S. stock market on Friday, and the significance of recent consumer and unemployment reports.
The latest report from the U.S. Labor Department shows initial jobless claims fell to 229,000 for the week ending in June 18, 2,000 fewer than the previous week. CBS News Moneywatch Reporter Irina Ivanova explains what that indicates about the state of the economy.
American jobless claims fell by to 214,000 as the Federal Reserve raises interest rates. Ted Rossman from Bankrate.com joins CBS News to discuss these economic shifts.
A growing number of Republican-led states are ending increased unemployment benefits. Sarah Chaney Cambon, a reporter for the Wall Street Journal, joins Elaine Quijano on "Red and Blue" to discuss jobs and the state of the U.S. economy.
Applications for unemployment benefits rose for a third straight week even as employers are desperate for workers. Some parents are unable to go back to work because child care centers are understaffed. Washington Post economic correspondent Heather Long joins CBSN's "Red & Blue" anchor Elaine Quijano with more.
Some families that have been struggling to make ends meet during the pandemic are still waiting on the latest round of stimulus checks and other benefits like unemployment. Washington Post economics correspondent Heather Long joins "Red and Blue" anchor Elaine Quijano with more on why the government is facing challenges getting federal aid money to people in dire financial situations.
The pandemic has made it even more difficult for experts to predict job growth. Josh Mitchell, a staff reporter with the Wall Street Journal, joins Elaine Quijano on CBSN's "Red & Blue" to explain why.
With just over six weeks to go until pandemic unemployment aid expires, Democratic lawmakers are working on plans to bypass Senate Republicans if they won't back President Biden's $1.9 trillion economic relief bill. CBS News congressional correspondent Kris Van Cleave, CBS News Radio White House correspondent Steven Portnoy and Boston Globe deputy Washington bureau chief Liz Goodwin spoke to "Red and Blue" host Elaine Quijano about where the process heads next.
Lawmakers returned to Capitol Hill from their Thanksgiving break and renewed efforts to pass a coronavirus stimulus bill after months of stalled talks. CBS News chief congressional correspondent Nancy Cordes and Washington Post economics correspondent Heather Long join CBSN's "Red & Blue" host Elaine Quijano to discuss the narrow path to a deal before key programs expire at the end of December.
A majority of Democrats in the House and Senate are backing a proposal to make some enhanced pandemic benefits permanent. Child Tax Credit payments of up to $300 per month begin July 15. Joseph Zeballos-Roig, an economic policy reporter for Insider, joins CBSN's "Red & Blue" host Elaine Quijano with more on the support and opposition the plan is facing from lawmakers.
Aditya Bhave, senior U.S. and global economist at Bank of America, joined CBS News' Jericka Duncan and Vladimir Duthiers to discuss the latest GPD report from the U.S. Commerce Department, which shows the economy shrank 0.9% in the second quarter of 2022.
Melissa Armo, founder of the educational firm The Stock Swoosh joined CBS News to discuss the how latest jobs report, and President Biden's positive COVID-19 test, could effect the stock market.
The U.S. Labor Department's weekly jobs report showed 251,000 Americans filed for jobless benefits in the week ending July 16, marking the highest level in eight months. It raises concerns about a possible recession. Colby Smith, U.S. economics editor for the Financial Times, breaks down what this could mean.
The Department of Labor's weekly unemployment report shows there were 251,000 first time applications filed in the week ending July 16. Senior economic analyst and Washington bureau chief at Bankrate.com, Mark Hamrick, joined CBS News' Anne-Marie Green and Vladimir Duthiers with more on what this means for our economy.
More than 250,000 people applied for unemployment benefits last week, the highest number since November.
Reporters from CBS News carefully arranged a risky trip into the Strait of Hormuz. Here's what they saw.
Iran says in light of the Israel-Lebanon ceasefire, "passage for all commercial vessels through Strait of Hormuz is declared completely open."
The Trump administration is considering a renewed diplomatic push that could send officials back to Pakistan within days, sources said.
The technology would enhance Iran's ability to detect and track incoming threats, like low-flying drones and cruise missiles.
More than 51 million are under the threat of severe weather Friday evening from Texas to Wisconsin, as some are still cleaning up from tornadoes earlier in the week.
Cameron Hamilton was acting leader of FEMA last year and was ousted after telling Congress that the agency should not be eliminated.
The House and Senate have now passed a 10-day extension for the controversial warrantless surveillance law.
The incident occurred around 12:10 a.m. local time on Tuesday, according to the Federal Aviation Administration.
The recall affects F-150 vehicles quipped with a six-speed automatic transmission produced between March 12, 2014, and Aug. 18, 2017, according to NHTSA.
The Trump administration is considering a renewed diplomatic push that could send officials back to Pakistan within days, sources said.
The House and Senate have now passed a 10-day extension for the controversial warrantless surveillance law.
Households are starting to make room in their budgets for spending on generative AI subscriptions, new data shows.
A look at the features for this week's broadcast of the Emmy-winning program, hosted by Jane Pauley.
The incident occurred around 12:10 a.m. local time on Tuesday, according to the Federal Aviation Administration.
Households are starting to make room in their budgets for spending on generative AI subscriptions, new data shows.
The recall affects F-150 vehicles quipped with a six-speed automatic transmission produced between March 12, 2014, and Aug. 18, 2017, according to NHTSA.
Air New Zealand will soon offer four-hour stints in triple-decker bunk beds for long-haul flights. The carrier says they'll be the first lie-flat beds for budget air travelers.
Big retailers are embracing agentic commerce as a new way to shop. But you should think twice before handing over your credit card, tech experts say.
Hint: It involves AI, and a LinkedIn economist says employers are clamoring for people to fill these roles.
The Trump administration is considering a renewed diplomatic push that could send officials back to Pakistan within days, sources said.
The House and Senate have now passed a 10-day extension for the controversial warrantless surveillance law.
Cameron Hamilton was acting leader of FEMA last year and was ousted after telling Congress that the agency should not be eliminated.
The House OK'd a short-term renewal of a controversial surveillance program used by U.S. spy agencies, after Republicans revolted and refused President Trump's push for a longer extension.
GOP Rep. Anna Paulina Luna told CBS News that Democratic Sen. Ruben Gallego was the previously unnamed senator whom she accused of "very disturbing" conduct. Gallego has denied all wrongdoing.
President Trump nominated a new director for the Centers for Disease Control and Prevention on Thursday. Dr. Erica Schwartz is a former deputy surgeon general and retired Coast Guard rear admiral.
Health Secretary Robert F. Kennedy Jr. testified before the House Ways and Means Committee on Thursday, kicking off an expected sprint of seven budget hearings he'll attend over the next week.
CBS News reported Wednesday that Dr. Erica Schwartz was emerging as the president's top pick for the role.
Ibogaine is used in Mexico and the Caribbean to treat depression, anxiety, addiction and brain trauma.
According to new CDC data, there were 3.6 million U.S. births in 2025, a 1% decline from 2024 and down 23% since 2007. The Trump administration has said it wants to reverse this trend.
The Trump administration is considering a renewed diplomatic push that could send officials back to Pakistan within days, sources said.
Reporters from CBS News carefully arranged a risky trip into the Strait of Hormuz. Here's what they saw.
An environmentalist who survived an assassination attempt spoke during the presentation of a report that documented the killing of 10 activists in Mexico in 2025.
A prehistoric hidden cave and hippo bones found beneath Pembroke Castle could transform understanding of ancient life in Britain, researchers said
President Trump has welcomed Iran's announcement that, at least while the Israel-Lebanon ceasefire holds, the Strait of Hormuz is "completely open" to all ships.
Actor Val Kilmer died last April, and yet he is starring in a new movie, made after his death. Jo Ling Kent reports on how filmmakers resurrected his voice and image by using artificial intelligence.
(Warning: Spoilers ahead!) "CBS Mornings" reveals a surprising twist in Wednesday's "Survivor 50" episode that led to a historic trial council ceremony.
A jury ruled that Live Nation and Ticketmaster operated as an illegal monopoly. Variety's Jem Aswad joins CBS News with more.
Simon Helberg, known for his role as Howard in "The Big Bang Theory," talks about the new show "The Audacity." Helberg plays a developer who is creating an AI companion. He explains what drew him to the role and discusses the show's messages about humanity and technology.
Controversial influencer Clavicular said he is home from the hospital after his livestream abruptly ended on Tuesday night. CBS News' Matt Gutman reports and The Free Press' River Page has more.
Big retailers are embracing agentic commerce as a new way to shop. But you should think twice before handing over your credit card, tech experts say.
Actor Val Kilmer died last April, and yet he is starring in a new movie, made after his death. Jo Ling Kent reports on how filmmakers resurrected his voice and image by using artificial intelligence.
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.
More concerns are emerging about Anthropic's new Mythos AI model. Matt Shumer, a former AI company founder and CEO, joins CBS News with more details.
U.S. officials are warning of Iranian cyberattacks on businesses and consumers. It comes as a new FBI report shows losses from cybercrime reached nearly $21 billion last year. Ash-har Quraishi shows how hackers are using artificial intelligence, and how you can protect yourself.
Colorado State University has released its annual Atlantic hurricane forecast, predicting 13 named storms and six hurricanes may develop during the 2026 season.
Scientists have found evidence that a 300-million-year-old sea creature previously thought to be the world's oldest octopus is actually a nautilus relative.
Last month was the hottest March on record for the Lower 48 states, by the most for any month ever, federal data shows. And a forecast El Niño could heat Earth even more.
The emperor penguin has been declared an endangered species as climate change pushes the icon of Antarctica a step closer to extinction, the global authority on threatened wildlife says.
The astronauts aboard Artemis II are the first humans to see some parts of the far side of the moon with the naked eye.
Acting head of U.S. Immigration and Customs Enforcement Todd Lyons is planning to leave his post soon, U.S. officials familiar with his plan told CBS News. Camilo Montoya-Galvez reports.
Immigration and Customs Enforcement agent Gregory Morgan Jr. of Temple Hills, Maryland, is facing assault charges for allegedly pointing a gun at two people in Minnesota. CBS News' Jonah Kaplan reports.
An environmentalist who survived an assassination attempt spoke during the presentation of a report that documented the killing of 10 activists in Mexico in 2025.
Arizona Democratic Sen. Ruben Gallego is denying allegations of misconduct after his friend, California Rep. Eric Swalwell, resigned from his post over sexual misconduct accusations. CBS News' Nikole Killion reports.
Florida Republican Rep. Anna Paulina Luna joined CBS News on Thursday with allegations of misconduct linked to Arizona Democratic Sen. Ruben Gallego. Politico's Nicholas Wu joins CBS News with more as Gallego denies the accusations.
"We are carrying back everything we learned, not only about where we went but ourselves," mission specialist Christina Koch told "CBS Evening News" anchor Tony Dokoupil.
The four Artemis II astronauts struggled to describe the view and overall experience of flying around the moon's far side and witnessing a solar eclipse in deep space.
People on the ground in the Eastern Hemisphere will be able to observe the asteroid with their own eyes, weather permitting, according to NASA.
The Artemis II astronauts flew back to the Johnson Space Center in Houston Saturday to cheers and applause from family members and hundreds of NASA workers.
The Artemis II crew's nine-day moon mission set a record for the farthest any human has ever traveled from Earth. Here's a look at the key moments.
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.
Acting head of U.S. Immigration and Customs Enforcement Todd Lyons is planning to leave his post soon, U.S. officials familiar with his plan told CBS News. Camilo Montoya-Galvez reports.
Iran and President Trump announced that the Strait of Hormuz will now be open, but questions remain about the flow of traffic in the key water passage. CBS News' Olivia Rinaldi reports.
President Trump posted on social media claims that the Strait of Hormuz will be "completely open." CBS News' Natalie Brand reports.
Ukrainians jumped in to help after a massive Russian attack left massive damage in Kyiv. CBS News' Aidan Stretch reports.
Americans are grappling with rising prices that are already being driven by inflation. This comes as the war in Iran continues to affect oil and gas costs. CBS News' Lana Zak reports.