Jobless claims edge down as U.S. economy slowly heals
The number of people applying for weekly unemployment benefits has fallen sharply since January.
The number of people applying for weekly unemployment benefits has fallen sharply since January.
President Biden's expansion of the child tax credit will put cash in the accounts of qualifying families every month, starting July 15. Here are the details.
A growing number of states are set to end enhanced federal unemployment benefits early, ahead of September's expiration deadline. CBS News reporter Sarah Ewall-Wice joins CBSN's Lana Zak to discuss.
A new report shows that nearly four million Americans quit their jobs in April, which is the highest quit rate in 20 years. Social psychologist Dr. Ron Friedman joined CBSN's Lana Zak to discuss what people should look out for as they consider switching careers.
More than half of states are ending the federal government's $300-per-week unemployment bonus months before the scheduled phaseout on September 6. CBS MoneyWatch's Aimee Picchi spoke with CBSN's Tanya Rivero about the impact this is having on everyday workers.
The GOP-led states say the benefits aren't needed. But some out-of-work people say they are still struggling.
The number of Americans filing for first-time unemployment claims rose last week, ending a six-week streak of improving jobs numbers. Lori Bettinger, president of BancAlliance and former director of the "Troubled Asset Relief Programs" under the Obama Administration, joined CBSN to discuss what the numbers means for the U.S. economy.
It joins 25 GOP-led states to end the $300-per-week federal enhanced unemployment benefits ahead of their September expiration.
About half a million people applied for some sort of jobless aid last week, while 15 million still collect benefits.
Some businesses are trying to make open positions more enticing by offering incentives to potential employees.
The U.S. economy added 559,000 jobs in May and that number is expected to grow this summer. Lavare Bland, CEO of Kandidate - North America, and Karin Kimbrough, LinkedIn's chief economist, joined CBSN's Lana Zak for the MoneyWatch special "Employment in America: A Shifting Workforce" to discuss the post-pandemic job market.
CBSN and CBS MoneyWatch present "Employment in America: A Shifting Workforce." The special, anchored by Lana Zak, takes a look at the state of employment as a result of the coronavirus pandemic and includes valuable information for job seekers and career changers.
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.
As CBS News' Omar Villafranca reports, the Labor Department says 376,000 Americans filed first-time unemployment claims last week — marking the lowest level since the pandemic began. But many businesses say they're having trouble filling open position. Joe Minarik, senior vice president and director of research for the Committee for Economic Development, joins CBSN's Lana Zak to discuss the new unemployment numbers and America's continuing economic recovery.
Unemployment claims dropped to a new pandemic low while job vacancies hit a record high. Omar Villafranca takes a look at how employers are struggling to fill those job openings.
The federal fund for restaurants and bars had three times as many applications as its initial funding could pay for.
Some 2.8 million people who filed taxes early got refunds this week, while millions more could qualify for a payment.
Hiring is up and unemployment is dropping. President Biden said Friday that the May jobs report is a sign that the U.S. is "on the move again."
At least 25 states have announced they will end enhanced federal unemployment benefits in June and July, ahead of the benefits' September expiration date.
The Labor Department revealed the U.S. added 559,000 new jobs in May, nearly twice as many as April though lower than analysts' expectations. The nation's unemployment rate fell to 5.8%, its lowest point since the start of the pandemic. Michelle Meyer, head U.S. economist for Bank of America securities, joined CBSN to discuss the state of the economy.
Job growth in the U.S. is picking back up as pandemic restrictions ease and COVID-19 vaccinations continue. The Labor Department's latest report shows the country added 559,000 jobs in May and the unemployment rate fell to 5.8%. Frances Stacy, director of portfolio strategy at Optimal Capital, joined CBSN to discuss.
Hiring across U.S. strengthened in May, with employers adding 559,000 jobs as economy continues to rebound.
Half of all U.S. states are cutting off enhanced jobless aid two months early. Benefit recipients say that's cruel.
The U.S job report comes out Friday morning as California is expected to have high economic growth post-pandemic. The recovery leaves many unemployed people hopeful for an uptick even if they haven't received the call into work yet.
The Labor Department said Thursday 385,000 people filed for unemployment last week, another pandemic low. Mark Hamrick, a senior economic analyst at Bankrate, joined CBSN's Tanya Rivero with more on the new numbers.
Sen. JD Vance formally accepted the vice-presidential nomination at the third night of the Republican National Convention.
President Biden said, "I feel good," after the White House announced he had tested positive for COVID-19 and was experiencing mild symptoms.
The U.S. Secret Service is facing mounting questions about the security flaws that allowed the shooter to fire from a rooftop near the rally.
Vice President Kamala Harris said Vance "participated in blocking protections for IVF" and has indicated he backs a national abortion ban.
CBS News is fact checking statements made by GOP speakers on the third night of the 2024 RNC. Vice presidential nominee JD Vance is slated to address the RNC.
A tree, located between the Trump rally shooter and the sniper team closest to him, may have impaired the team's line of sight, according to a CBS News analysis.
Airline officials say they are aware of a series of incidents where cans have ruptured, resulting in an onboard mess and reports of about 20 injuries to employees so far this summer.
Kai Trump, Donald Trump Jr.'s daughter, and Donald Trump's eldest grandchild, spoke Wednesday night at the Republican National Convention.
Millions of Americans absorbed a dizzying political news cycle this past weekend, a series of extraordinary headlines for an already divided electorate.
Usha Vance introduced husband JD Vance at the RNC, telling the delegates that when she met him at Yale Law School, his "idea of a good time was playing with puppies and watching the movie 'Babe.'"
The U.S. Secret Service is facing mounting questions about the security flaws that allowed the shooter to fire from a rooftop near the rally.
Vice President Kamala Harris said Vance "participated in blocking protections for IVF" and has indicated he backs a national abortion ban.
Ohio Sen. JD Vance delivered a speech on the third night of the Republican National Convention and accepted the party's nomination for vice president.
CBS News is fact checking statements made by GOP speakers on the third night of the 2024 RNC. Vice presidential nominee JD Vance is slated to address the RNC.
The popular cooler bags are back in stock at Trader Joe's stores today. Some locations are setting purchasing limits.
Nearly 7,000 pounds of hot dogs were produced and distributed without being inspected, federal government says.
Baby formula maker Reckitt said tornado damage to an Indiana warehouse could affect supplies of its nutrition products.
The dinosaur fossil of a Stegosaurus nicknamed Apex fetched 10 times its estimate at a Sotheby's auction on Wednesday.
JD Vance's 2016 memoir "Hillbilly Elegy" is getting a sales bump after the Ohio senator was picked to run alongside former President Donald Trump.
The Biden campaign sees no substantial change in the president's prospects of securing the Democratic nomination and eventually resuscitating his campaign after another day of rough headlines, sources say.
Usha Vance introduced husband JD Vance at the RNC, telling the delegates that when she met him at Yale Law School, his "idea of a good time was playing with puppies and watching the movie 'Babe.'"
The U.S. Secret Service is facing mounting questions about the security flaws that allowed the shooter to fire from a rooftop near the rally.
Sen. JD Vance formally accepted the vice-presidential nomination at the third night of the Republican National Convention.
Vice President Kamala Harris said Vance "participated in blocking protections for IVF" and has indicated he backs a national abortion ban.
For years, Tennessee has required anyone convicted of prostitution while HIV-positive to register as a sex offender for life. To settle DOJ and ACLU discrimination suits, the state has agreed to reverse course.
Nearly 7,000 pounds of hot dogs were produced and distributed without being inspected, federal government says.
At least 36 have been hospitalized after eating the mushroom "edibles."
A workout that mindlessly tones your arms while getting some cardio in? If it sounds too good to be true, that's because it may be. Here's what experts say.
Growing share of Americans say they have skipped medical care or getting prescription drugs because of the cost.
Wall Street Journal reporter Evan Gershkovich appeared in court in Russia for the second hearing in his trial on espionage charges that he, his employer and the U.S. government vehemently deny.
NASA says the Deorbit Vehicle will drive the lab to a controlled re-entry and breakup in 2030 to close out three decades of operation.
The remains of a medieval palace that may have housed the early peoples between the 9th and 13 centuries was uncovered in Rome.
Jack Black said he has put all future creative plans on hold after Tenacious D bandmate Kyle Gass made a controversial comment about the Trump rally shooting.
Residents of a Toronto suburb tell CBS News they're worried a U.S. company may be emitting a cancer-causing gas in their community.
Nominations for the 76th annual Emmy Awards were announced Wednesday, with "Shōgun," "The Bear," "Hacks," "Only Murders in the Building" and "Baby Reindeer" all earning multiple major nods. See the full list of nominees for the 2024 ceremony here.
The armorer on Alec Baldwin movie "Rust" filed to have her involuntary manslaughter conviction overturned, days after Baldwin's trial over a fatal on-set shooting collapsed due to withheld evidence.
Rain already falls on Venus, but it took more than 14 minutes for Missy Elliott's The Rain (Supa Dupa Fly)" to reach the planet.
After many people criticized Andress' rendition of the National Anthem online, comparing her with Fergie, the singer says she's going to rehab.
Season 26 of the CBS reality TV show "Big Brother" premieres on Wednesday. Sixteen new house guests will compete and strategize to evict one of their own each week to try and be the last person standing. The prize is $750,000. "Entertainment Tonight" host Nischelle Turner visited the house and even entered a one-day competition.
NASA says the Deorbit Vehicle will drive the lab to a controlled re-entry and breakup in 2030 to close out three decades of operation.
Tech mogul Elon Musk said Tuesday afternoon that he would be moving the headquarters of both his social media company X and SpaceX to Texas in response to a new California law signed by Gov. Gavin Newsom.
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.
Apple users can now download an early version of a new iPhone operating system that will be officially released this fall.
AT&T on Friday disclosed that hackers had accessed records of calls and texts of "nearly all" its cellular customers for a six-month period between May 1, 2022, and Oct. 31, 2022. Jo Ling Kent reports.
The melting of glaciers and polar ice sheets causes water to move closer to the equator, fattening the planet and slowing its rotation, according to a recent study.
Spade-toothed whales are the world's rarest, with no live sightings ever recorded. Until, perhaps, now. One may have washed up onto a New Zealand beach.
Symptoms among the new bird flu cases included "fever, chills, coughing and sore throat/runny nose," alongside pink eye and eye tearing, a CDC spokesperson confirmed Monday.
The image released Friday depicts two merging galaxies, nicknamed "the Penguin and the Egg," that are about 100,000 light years apart, a surprisingly close distance in astronomical terms.
The 2024 Atlantic hurricane season got off to a deadly start as Hurricane Beryl tore across the Caribbean, Mexico and eventually the U.S.
For years, Tennessee has required anyone convicted of prostitution while HIV-positive to register as a sex offender for life. To settle DOJ and ACLU discrimination suits, the state has agreed to reverse course.
The six people who were found dead this week in a Thailand hotel room are believed to have been poisoned, officials say. Investigators say they found cyanide in the cups of the victims, who have been identified as two Vietnamese-Americans and four Vietnamese nationals. CBS News correspondent Ian Lee has more.
Nearly 17 pounds total of fentanyl, heroin and cocaine were found in the car. More than 1,610 pounds of illegal drugs were seized in the region last week, according to Customs and Border Protection.
A young gas station operator in Wisconsin was stabbed to death on June 12. Authorities have never named a suspect in the murder until now.
President Santiago Peña said the record discovery, code-named "Operation Sweetness," added to a string of "very sad episodes" in Paraguay.
NASA says the Deorbit Vehicle will drive the lab to a controlled re-entry and breakup in 2030 to close out three decades of operation.
Rain already falls on Venus, but it took more than 14 minutes for Missy Elliott's The Rain (Supa Dupa Fly)" to reach the planet.
It has been two years since NASA's James Webb telescope gave us a stunning first look at the depth of our universe. To commemorate the achievement, NASA has released new images showing two distant galaxies interacting with each other. Jane Rigby, astrophysicist and a senior project scientist for the Webb telescope at NASA, joins CBS News to discuss.
The image released Friday depicts two merging galaxies, nicknamed "the Penguin and the Egg," that are about 100,000 light years apart, a surprisingly close distance in astronomical terms.
SpaceX's Falcon 9 rocket suffered a catastrophic engine failure as it launched a batch of Starlink satellites into orbit Thursday night, the first time in nearly a decade the rocket has failed. CBS News space consultant Bill Harwood has more on that and the latest images from the James Webb Space Telescope.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
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.
A teenager's murder in Lowell, Massachusetts, goes unsolved for more than 40 years -- were the clues there all along?
The actor, recipient of a lifetime achievement Academy Award, was renowned for such films as "MASH," "Klute," "Don't Look Now," "Ordinary People," and "The Hunger Games."
The Illinois mom wrote, "If something ever happens to me, please make sure the number one person of interest is Tim." Take a look at the evidence that led to Tim Bliefnick's arrest.
In his 2024 Republican National Convention speech on Wednesday, Ohio Sen. JD Vance reflected on his difficult upbringing in a small Ohio town, enlisting in the U.S. Marine Corps. after high school, and marking his mother's 10 years of sobriety. He also spoke about inflation, American jobs and more. Watch his full remarks.
Former President Donald Trump's 17-year-old granddaughter Kai, the daughter of Donald Trump Jr. and his ex-wife Vanessa Trump, spoke Wednesday night at the Republican National Convention. "The media makes my grandpa seem like a different person," she said.
Donald Trump Jr. mourned the Trump rally shooting victim, Corey Comperatore, during his 2024 Republican National Convention speech and reflected on the attempted assassination of his father. He has "the heart of a lion," Trump Jr. said. Watch his full remarks.
Arkansas Gov. Sarah Huckabee Sanders spoke on the second night of the 2024 Republican National Convention, recalling memories from her time as White House press secretary during the Trump administration. Sanders sat down with "CBS Evening News" anchor and managing editor Norah O'Donnell on the third night of the RNC to reflect on her speech.
There is growing pressure on President Biden to withdraw from the 2024 race, with warnings coming from top Democrats. "CBS Evening News" anchor and managing editor Norah O'Donnell leads special coverage from the Republican National Convention in Milwaukee.