Layoffs reach pre-pandemic levels, with 229K claims last week
Some 229,000 first-time jobless claims were filed in the middle of June as layoffs rise since hitting a 50-year low in March.
Unemployment
What is Stagflation
The term describes when the economy suffers from high unemployment and inflation with low growth. Lana Zak explains why economists are worried it could happen again.
Inflation soars to 40-year high
President Biden addressed the inflation crisis in a briefing at the Port of Los Angeles Friday. CBS News senior White House and political correspondent Ed O'Keefe reports.
"Lots of luck on his trip to the moon": Biden responds to Elon Musk
President Biden wished the Tesla CEO "lots of luck on his trip to the moon" in response to his doubts about the U.S. economy.
U.S. employers added 390,000 jobs in May
U.S. employers added 390,000 jobs in May, according to the Bureau of Labor Statistics. The unemployment rate stayed at 3.6% for the third straight month. Senior economist at Glassdoor, Daniel Zhao, joined CBS News' Anne-Marie Green and Vladimir Duthiers with reaction to these latest figures.
5/19: Red and Blue
U.S. Senate passes $40B Ukraine aid package; Rise in U.S. unemployment claims
MoneyWatch: New hires "ghosting" employers
Some business are seeing a trend of new hires not showing up after accepting a job offer. Wall Street Journal reporter Chip Cutter co-authored the article, "Hiring Is Hard Enough. Now New Workers Are Vanishing Before They Even Start," and he joins "CBS News Mornings" to explain why workers are doing this and how it's impacting companies.
Democrats face challenges on abortion, economy
President Biden is facing concerns over jobs, the economy and inflation as well as the leak of a Supreme Court draft opinion indicating Roe v. Wade may soon be overturned. CBS News senior White House and political correspondent Ed O'Keefe joins Vladimir Duthiers and Anne-Marie Green with the latest.
U.S. economy takes a hit as stocks fall
April was the worst month for the stock market since the pandemic began. Meanwhile, inflation continues to impact household budgets. Michael George has the details.
Democrats could pay high price for inflation
While jobless claims are at their lowest point in more than 50 years, Americans are still feeling the pinch of rising prices. CBS News political reporter Caitlin Huey-Burns joined CBS News' Vladimir Duthiers and Anne-Marie Green to discuss how voters' views on inflation could sink Democrats in the upcoming midterm elections.
Economic challenges continue with inflation
Despite unemployment hitting a record low, Americans are still seeing high prices at grocery stores and gas stations. Scott MacFarlane has more on the economic situation from the White House.
MoneyWatch: Unemployment drops in March
According to a report released Friday by the U.S. Bureau of Labor Statistics, U.S. employers added 431,000 jobs in March. Wages also picked up and unemployment dropped, but high inflation rates and a high demand for workers continue to plague the U.S. CBS News' Tanya Rivero and Nikki Battiste discuss the report with Diane Swonk, a chief economist for Grant Thornton.
Few Americans file for jobless claims amid tight labor market
Some 202,000 people filed for jobless aid last week, an uptick after claims fell to a 50-year low.
Jobless claims fall to 50-year low amid tight labor market
Just 187,000 people applied for unemployment benefits last week, a sign the job market remains tight.
Furniture makers desperate for skilled labor
American manufacturers need skilled workers to craft furniture. With demand booming, furniture makers are having a hard time filling orders without properly trained labor. Nikki Battiste reports.
Economic fallout from pandemic continues
Some businesses have not been able to recover from the early days of the pandemic. Pandemic-related supply chain issues and inflation remain the top issues hurting industries. Finance reporter for the Wall Street Journal Liz Hoffman joined CBS News' Lana Zak to discuss.
Unemployment hits pandemic low as inflation rises
Worries about the war in Ukraine sent stocks into a tailspin, despite a blockbuster jobs report. Meanwhile, gas prices are rising at a rate not seen since Hurricane Katrina in 2005. Carter Evans takes a look.
Number of Americans collecting jobless aid falls to lowest level since 1970
As the Omicron wave recedes, fewer people are being laid off and more who are unemployed are finding new jobs.
Analyst breaks down January jobs report
In January, the U.S. economy added 467,000 jobs, which was more than economists predicted. But the unemployment rate also ticked up slightly to 4%, up from 3% the month before. Senior business analyst Jill Schlesinger has more on what it all means.
U.S. added jobs in January despite Omicron
The U.S. economy added 467,000 jobs during January, exceeding many analysts' expectations. But the unemployment rate jumped to 4%, up from 3.9% during the previous month. CBS News chief White House correspondent Nancy Cordes joined Anne-Marie Green and Vladimir Duthiers with reaction and other headlines from the White House.
Jobless claims down second week in a row
More than 20,000 fewer workers filed for unemployment benefits last week, indicating the Omicron wave that shuttered many businesses is receding. Colby Smith, economy editor at The Financial Times, joins Major Garrett on "Red & Blue" to discuss the latest on the U.S. economy.
White House adviser on economic growth
Mike Pyle, chief economic adviser to Vice President Kamala Harris, joined CBS News' Vladimir Duthiers and Anne-Marie Green to discuss the country's economic growth, inflation and supply chain issues.
Unemployment claims fall for the first time in a month
The job market remains tight as the U.S. economy expands at its fastest pace since 1984.
CBS MoneyWatch
Biden marks one year in White House
President Biden gave an update with his infrastructure task force on projects nationwide that he says will help ease supply chain problems. CBS News White House reporter Kathryn Watson joined CBSN to discuss how Mr. Biden plans to move forward on his agenda as he begins his second year in office.
Savannah Guthrie says "we will pay" in new plea for mother's safe return
Savannah Guthrie released a new video on Saturday, saying her family is willing to pay for the safe return of their mother.
Some Team USA athletes speak out about politics at home
Skier Chris Lillis said he was "heartbroken about what's happened in the United States," while skater Amber Glenn said she "will not just be quiet."
Trump throws support behind Nexstar-Tegna broadcast deal he once opposed
Nexstar's acquisition of Tegna would bring together two companies with significant holdings in local broadcast media.
Injured Lindsey Vonn completes final training run ahead of Olympic race
"Just because it seems impossible to you doesn't mean it's not possible," Vonn says.
White House removes Trump post with racist footage of Obamas hours after defending it
The footage is included in a video that promotes false claims that the 2020 presidential election was rigged against Mr. Trump.
Brad Arnold, 3 Doors Down founder and lead singer, dies at 47
Brad Arnold, the founder and lead singer of the 3 Doors Down has died following "his courageous battle with cancer," the rock band announced Saturday on social media.
Washington Post publisher Will Lewis resigns just days after paper enacts mass layoffs
Will Lewis, CEO and publisher of the Washington Post, has resigned just three days after the storied newspaper laid off about one-third of its staff.
U.S. speedskater Greta Myers learned of Olympic debut hours before race
U.S. speed skater Greta Myers learned about her Olympic debut in the 3000m three hours before the race was due to begin.
Nancy Pelosi to endorse Jack Schlossberg in New York congressional race
Former House Speaker Nancy Pelosi plans to endorse Jack Schlossberg, John F. Kennedy's grandson, a source familiar confirmed to CBS News.
U.S.
More U.S.
Did a popular acne medication drive a Texas teen to shoot his friends?
Connor Hilton, 17, said that after taking Accutane, a prescribed acne medication, he began to have suicidal and homicidal thoughts – thoughts that, his defense argued, led him to shoot two friends in the head at his Friendswood, Texas, home. Prosecutors weren't convinced.
Nancy Pelosi to endorse Jack Schlossberg in New York congressional race
Former House Speaker Nancy Pelosi plans to endorse Jack Schlossberg, John F. Kennedy's grandson, a source familiar confirmed to CBS News.
Savannah Guthrie says "we will pay" in new plea for mother's safe return
Savannah Guthrie released a new video on Saturday, saying her family is willing to pay for the safe return of their mother.
Washington Post publisher Will Lewis resigns just days after paper enacts mass layoffs
Will Lewis, CEO and publisher of the Washington Post, has resigned just three days after the storied newspaper laid off about one-third of its staff.
Who's performing at the Super Bowl halftime show? Here's the full list
Bad Bunny is set to take the stage at halftime for the 2026 Super Bowl. Here's who else is performing at Super Bowl 60.
MoneyWatch
More MoneyWatch
Washington Post publisher Will Lewis resigns just days after paper enacts mass layoffs
Will Lewis, CEO and publisher of the Washington Post, has resigned just three days after the storied newspaper laid off about one-third of its staff.
Trump throws support behind Nexstar-Tegna broadcast deal he once opposed
Nexstar's acquisition of Tegna would bring together two companies with significant holdings in local broadcast media.
Exclusive
Lutnick and Epstein were in business together, Epstein files show
Though the commerce secretary has called his interactions with Epstein as "limited," the two were in business together four years after Epstein's 2008 guilty plea.
Dow crosses 50K for first time as stocks enjoy best day since May 2025
Resurgent technology stocks drove the rebound after a volatile week, while bitcoin also recouped losses.
Purported Nancy Guthrie ransom note demanded bitcoin. Could it be tracked?
Cryptocurrency transactions are often thought to be anonymous and untraceable. That's a misconception, experts tell CBS News.
Politics
More Politics
Nancy Pelosi to endorse Jack Schlossberg in New York congressional race
Former House Speaker Nancy Pelosi plans to endorse Jack Schlossberg, John F. Kennedy's grandson, a source familiar confirmed to CBS News.
Trump throws support behind Nexstar-Tegna broadcast deal he once opposed
Nexstar's acquisition of Tegna would bring together two companies with significant holdings in local broadcast media.
Some Team USA athletes speak out about politics at home
Skier Chris Lillis said he was "heartbroken about what's happened in the United States," while skater Amber Glenn said she "will not just be quiet."
Zelenskyy says U.S. gave Ukraine, Russia a deadline for agreement to end war
If the June deadline is not met, the Trump administration will likely put pressure on both sides to meet it, Zelenskyy told reporters.
Appeals court endorses Trump policy of denying bond hearings to many ICE detainees
A federal appeals court on Friday endorsed the Trump administration's policy of holding broad groups of immigration detainees without access to bond hearings, a major legal victory for President Trump.
HealthWatch
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Her deadly diagnosis only had 1 warning sign. Here's how she survived.
Becca Valle, then 37, enrolled in a cutting-edge clinical trial after surgery removed an aggressive tumor from her brain.
California urges avoiding wild mushrooms after deaths, liver transplants
More than three dozen cases of death cap mushroom poisonings have been reported in California since November, health officials said.
See the 43 drugs available on new discounted drug site TrumpRx
Here's what to know about TrumpRx, including how it works, who can use it, and how much money it can save.
White House launches TrumpRx discounted drug site
The Trump administration launched its new TrumpRx direct-to-consumer prescription drug listing site late Thursday, part of a push to offer medication at steep discounts.
Officials warn against drinking raw milk after baby dies from listeria
The New Mexico Department of Health said officials believe the baby contracted listeria after their mother drank raw milk during pregnancy.
World
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Ilia Malinin stunned by Yuma Kagiyama in Olympic figure skating short program
The U.S. ended Saturday in first place with 44 points. Japan was five points back going into the men's, women's and pairs free skates to decide the medals Sunday.
Jake Paul joins JD Vance to watch U.S. women's hockey team at Olympics
The U.S. women's hockey team eased to a 5-0 win over Finland on Saturday afternoon.
Italy nabs first gold medal of Milano Cortina Olympics in speedskating upset
Francesca Lollobrigida set a new Olympic record of 3 minutes, 54.28 seconds, shaving more than two-and-a-half seconds off the mark set by Dutch legend Irene Schouten four years earlier in Beijing.
4 suspects arrested after bombing at Pakistan mosque leaves 31 dead
Friday's attack was the deadliest suicide bombing in Islamabad in nearly 20 years.
U.S. speedskater Greta Myers learned of Olympic debut hours before race
U.S. speed skater Greta Myers learned about her Olympic debut in the 3000m three hours before the race was due to begin.
Entertainment
More Entertainment
Brad Arnold, 3 Doors Down founder and lead singer, dies at 47
Brad Arnold, the founder and lead singer of the 3 Doors Down has died following "his courageous battle with cancer," the rock band announced Saturday on social media.
Who's performing at the Super Bowl halftime show? Here's the full list
Bad Bunny is set to take the stage at halftime for the 2026 Super Bowl. Here's who else is performing at Super Bowl 60.
Twisted Sister cancels reunion shows as frontman Dee Snider resigns
Lead singer and frontman Dee Snider said he suffers from degenerative arthritis and has had several surgeries over the years.
Best books for Valentine's Day
Sarah Gelman, editorial director at Amazon Books, joins "CBS Saturday Morning" to recommend some of the best books to read around Valentine's Day.
Super Bowl food that's bound to go viral
Super Bowl chefs spend an entire year developing the menu for the big game, and "CBS Saturday Morning" gets a sneak peek at some of the mouth-watering options.
Technology
More Technology
Super Bowl fans warned to leave drones at home amid flight ban
The FAA says it is collaborating with the FBI to detect, track and assess unauthorized drone activity at the Super Bowl.
Ukrainian military drone simulator adapted for video gamers in world first
Gamers across the world can now recreate drone strikes in Ukraine from the comfort of their own home, with this newly released game.
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.
How will AI transform the workforce?
CBS News business analyst Jill Schlesinger talks about how companies are using artificial intelligence, the discussion around the technology and how it's impacting the workforce.
Tesla, Waymo leaders defend product safety
Executives from Waymo and Tesla defended their self-driving vehicle technology in testimony before the Senate Commerce Committee on Wednesday. CBS News' Kris Van Cleave reports and Ian Krietzberg, an AI correspondent at the digital media company Puck, has more.
Science
More Science
Scientists "quite surprised" to find one polar bear population thriving
After decades monitoring polar bears in Norway's far north, researchers say the animals have proven incredibly adaptable, but there are no guarantees for the future.
Mysterious dark matter seen in new map of distant galaxies
Dark matter doesn't absorb or give off light so scientists can't study it directly. But they can observe how its gravity warps and bends the star stuff around it.
Cow develops technique to scratch herself
"CBS Saturday Morning" learns more about Veronika, the clever cow who figured out multiple ways to scratch herself with a broom. It was the first time a cow was seen using a tool.
Almanac: January 18
"Sunday Morning" looks back at historical events on this date.
Fossils found at Dinosaur National Monument, first excavation in 100 years
The Dinosaur National Monument, which is located on the border between Colorado and Utah, was last excavated in 1924.
Crime
More Crime
Did a popular acne medication drive a Texas teen to shoot his friends?
Connor Hilton, 17, said that after taking Accutane, a prescribed acne medication, he began to have suicidal and homicidal thoughts – thoughts that, his defense argued, led him to shoot two friends in the head at his Friendswood, Texas, home. Prosecutors weren't convinced.
Latest in Nancy Guthrie disappearance
Authorities said Friday they were inspecting an apparent new message relating to the disappearance of "Today" host Savannah Guthrie's mom, Nancy, after the family reported her missing from her home on Sunday.
Luigi Mangione has outburst after hearing
Luigi Mangione had an outburst after a hearing on Friday in which the judge announced that his New York State trial will begin on June 8. CBS News legal reporter Katrina Kaufman is following the case.
Authorities tow car from Nancy Guthrie's home, investigate new message
Local and federal authorities said "investigators are actively inspecting the information provided in the message for its authenticity" regarding the disappearance of Nancy Guthrie.
Investigators vetting Guthrie ransom note
Friday marked six days since Nancy Guthrie's apparent abduction, and Guthrie's three children have been posting on social media hoping to reach whoever may have taken her. CBS News' Andres Gutierrez reports and former FBI counterintelligence operative Eric O'Neill has more.
Space
More Space
Space
What led NASA to delay Artemis II launch
NASA's first crewed moon mission in more than 50 years has been delayed until March at the earliest. During a routine dress rehearsal of the launch, persistent liquid hydrogen leaks were discovered in the Artemis II rocket. CBS News space consultant Bill Harwood breaks it down.
NASA hopes to fix Artemis II moon rocket leak with on-pad repair
NASA plans to test the planned leak repair with a second dress rehearsal fueling test later this month.
NASA delays Artemis II launch
NASA delayed the Artemis II moon rocket launch after a hydrogen leak was found during a wet dress rehearsal, the agency announced Tuesday. CBS News senior space consultant Bill Harwood has the latest.
NASA begins mission to map the boundaries of our heliosphere
A NASA mission is underway to map the heliosphere, which is a huge protective bubble around the solar system that was created by the sun.
NASA moon launch off until March due to issues during tests
NASA says it can't try until March at the earliest to send a crewed spacecraft on a flight around the moon and back, due to hydrogen leaks during testing of the Artemis II rocket.
Latest Galleries
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Notable Deaths in 2026
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Evidence in the Barbara Kendhammer case
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
The life & near death of prizefighter Christy Salters-Martin
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Timeline: The disappearance of George Smith
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Who is Alix Tichelman?
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Latest CBS News Videos
More Latest CBS News Videos
Latest CBS News Videos
Diving into Hilary Knight career at final Olympics
Ice hockey forward Hilary Knight showed the world why she's one of the greatest players ever. With her 14th goal, the captain of Team USA moved into a tie for the most goals scored by a U.S. Women's hockey player at the Winter Olympics. Andres Gutierrez reports on her career and her last Olympic run.
Levi's aims to share their story at their stadium
The countdown is on for the big game between the Seattle Seahawks and the New England Patriots. Kris Van Kleave is outside what's been called the Field of Jeans.
What to know after first full day of the Olympics
Saturday marked the first full day of the Olympic Winter Games in Italy. Switzerland took the first gold medal in men's downhill skiing. In all, five medal events were held, but no gold yet for Team USA. Seth Doane has the latest details from Cortina, Italy.
Fallout over Epstein files escalates in the U.K.
The political fallout in Britain following the latest Epstein documents release became so intense that on Saturday, there were growing calls for the U.K.'s prime minister to step down.
Trump refuses to apologize for racist video
President Trump refused to apologize after sharing a racist video on Truth Social and then later taking it down. Willie James Inman has more.