Unemployment claims remains stuck at high level
Some 730,000 people applied for jobless aid last week, the fewest in months but still above Great Recession levels.
Some 730,000 people applied for jobless aid last week, the fewest in months but still above Great Recession levels.
The Labor Department reports 730,000 Americans filed new unemployment claims for the week ending February 20. That's down 111,000 from the previous week's numbers. David Bahnsen, chief investment officer at the Bahnsen Group, joins CBSN to discuss what the latest numbers mean for the state of the economy.
Military families are struggling to keep food on the table amid the financial crisis caused by COVID-19. Mark Strassmann has more.
Commemorating 500,000 lives lost to COVID; Push to honor Black American war hero's bravery
California's state unemployment agency is still struggling to deal with a crush of claims during the pandemic - and a staggering amount of fraud. But many unemployed Californians with legitimate claims of fraud tell CBS News they question whether the bank that supplies the debit cards which hold the unemployment funds is really investigating. Anna Werner reports.
Millions of Americans are still struggling to find work during the pandemic. But one idea gaining traction among some lawmakers and economists is for the federal government to provide jobs. New York Times economics reporter Eduardo Porter joined CBSN's Lana Zak to discuss the potential measure, which was previously implemented during the Great Depression.
Roughly 861,000 people applied for jobless aid last week, reversing several weeks of steady declines.
The Labor Department reports 861,000 Americans filed new unemployment claims the week ending February 13. Frances Stacy, director of portfolio strategy at Optimal Capital, joins CBSN to explain what the latest numbers mean for the state of the economy.
Tax confusion is being caused by the COVID-19 pandemic. CBS News business analyst Jill Schlesinger explains what people can deduct and what payments are taxable in 2020 returns.
Unemployment benefits, stimulus checks, home office costs: Here's how to prepare for a tax season unlike any other.
But layoffs around the U.S. remain elevated, with over 1 million Americans applying for jobless aid last week.
This tax season, pandemic-related financial assistance could complicate things for millions of Americans. CBS affiliate WNEM-TV's Jamie Sherrod breaks down what's different.
Details are coming into focus in President Biden's $1.9 trillion COVID relief bill — including an increased tax credit for families with young children. Weijia Jiang reports.
In President Joe Biden's first interview since his inauguration, he tells "CBS Evening News" anchor Norah O'Donnell that women from the labor force and the closing of schools —along with the mental health issues for children that could arise — during the COVID-19 pandemic constitute a "national emergency." Watch the full interview that aired ahead of the Super Bowl.
Treasury Secretary Janet Yellen says she is "afraid that the job market is stalling."
In an exclusive interview with CBS News, President Biden discusses a wide range of topics including the next coronavirus relief plan, former President Trump, and his son Hunter's struggle with drug addiction. Christina Ruffini has more with a preview of the interview, which will air prior to Super Bowl LV.
After another round of disappointing jobs numbers, President Biden continues to push for Republicans to support his COVID-19 relief plan. But some GOP members say the $1.9 trillion plan is too big and too expensive. Christina Ruffini reports.
In an exclusive interview with CBS News' Norah O'Donnell, President Joe Biden said former President Trump should not be still receiving intelligence briefings. O'Donnell's full interview will air Sunday during the 4 p.m. ET hour ahead of the Super Bowl, only on CBS.
Just four days ago, President Biden met with Republicans and said he hoped they'd find a way to work together on COVID-19 relief. But he said Friday he wants to act fast without them, if necessary, arguing that the country can't afford to wait. Ed O'Keefe reports.
Jobless rate fell to 6.3% last month, but the gains went to white-collar employees while service workers struggled.
U.S. jobless claims declined for the week ending January 30. CBSN's Tanya Rivero has more.
Unemployment claims dipped to 779,000, while more than 300,000 self-employed workers applied for benefits.
Top Senate Democrats met with President Biden on Wednesday to discuss his COVID stimulus plan and the possibility of a compromise. Mr. Biden said he's confident the bill will have Republican support despite little public evidence. Ed O'Keefe reports.
President Biden is pushing ahead with his $1.9 trillion economic relief plan, telling Senate Democrats that the Republican counteroffer of $600 billion was not enough to combat the coronavirus crisis. Ed O'Keefe reports.
New analysis from the Congressional Budget Office predicts the U.S. economy will return to its pre-pandemic peak in the middle of 2021, but the number of people employed won't return to previous levels until 2024. Maya MacGuineas, the president of the Committee for a Responsible Federal Budget, joins CBSN's "Red & Blue" host Elaine Quijano to discuss what she thinks the federal government should do to aid the economy.
Former President Donald Trump is slated to accept the GOP's nomination for president on the fourth and last day of the Republican National Convention.
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.
Canada plans to buy 12 new submarines as the U.S. and its allies and adversaries step up operations in the thawing Arctic.
Former President Donald Trump is set to speak Thursday night at the Republican National Convention.
A man who authorities have described as a dangerous pedophile was arrested in Georgia, nearly 30 years after he fled an Oregon prison.
About 1 in 10 people with student loans have gotten debt relief, according to the Biden administration.
Sonya Massey was killed after Sangamon County deputies responded to her 911 call about an intruder early on July 6, officials said.
A man convicted of killing a delivery driver who stopped for cash at an ATM to take his wife to dinner is scheduled for execution in Alabama, which has agreed to forgo the usual post-execution autopsy.
"CBS Mornings" got an exclusive first look at the 47th class of Kennedy Center honorees, who will be celebrated for their lifetime artistic achievements and impact on American culture.
The gunman, Thomas Matthew Crooks, opened fire from the roof of a building near the rally, hitting Trump in the right ear.
The buyer intends to keep the fossil in the U.S., and is exploring making it available for public display.
"It will be 10 years officially in January of 2025, if President Trump is okay with that, let's have the celebration in the White House," JD Vance said.
A man who authorities have described as a dangerous pedophile was arrested in Georgia, nearly 30 years after he fled an Oregon prison.
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.
The buyer intends to keep the fossil in the U.S., and is exploring making it available for public display.
About 1 in 10 people with student loans have gotten debt relief, according to the Biden administration.
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 gunman, Thomas Matthew Crooks, opened fire from the roof of a building near the rally, hitting Trump in the right ear.
"It will be 10 years officially in January of 2025, if President Trump is okay with that, let's have the celebration in the White House," JD Vance said.
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.
Former President Donald Trump is set to speak Thursday night at the Republican National Convention.
Former President Donald Trump is slated to accept the GOP's nomination for president on the fourth and last day of the Republican National Convention.
Public safety and health care organizations are using drones to speed up lifesaving treatment during medical emergencies in which every second counts.
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.
Canada plans to buy 12 new submarines as the U.S. and its allies and adversaries step up operations in the thawing Arctic.
Indian influencer Aanvi Kamdar was shooting Instagram reels at the popular Kumbhe waterfall when she slipped into a 300-foot deep gorge.
Authorities in Nice, southern France, say images show hooded people dousing a stairwell with liquid before a suspected arson fire that killed 7 people.
More women, children and entire families have fallen victim to indiscriminate violence in areas where drug cartels are fighting bloody turf battles.
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.
Emmy award-winning actor Sheryl Lee Ralph joins "CBS Mornings" to talk about her new comedy, "The Fabulous Four," and her third Emmy nomination for "Abbott Elementary."
Oprah Winfrey selected "Familiaris" by David Wroblewski as her latest book club selection. Watch as author David Wroblewski answers reader's guide questions about his novel.
Oprah Winfrey selected "Familiaris" by David Wroblewski as her latest book club pick. Watch the author, David Wroblewski, read an excerpt from his long-awaited follow-up to his bestselling debut, "The Story of Edgar Sawtelle."
The 47th class of Kennedy Center honorees was revealed on "CBS Mornings" Thursday. The star-studded list of recipients includes award-winning filmmaker Francis Ford Coppola, legendary rock band the Grateful Dead, blues rock singer-songwriter Bonnie Raitt, jazz musician and composer Arturo Sandoval and the Apollo.
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.
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.
A man who authorities have described as a dangerous pedophile was arrested in Georgia, nearly 30 years after he fled an Oregon prison.
Sonya Massey was killed after Sangamon County deputies responded to her 911 call about an intruder early on July 6, officials said.
Kayla Wright's body was found in a truck-bed-style toolbox on a sandbar in the Missisquoi River in February.
A man convicted of killing a delivery driver who stopped for cash at an ATM to take his wife to dinner is scheduled for execution in Alabama, which has agreed to forgo the usual post-execution autopsy.
More women, children and entire families have fallen victim to indiscriminate violence in areas where drug cartels are fighting bloody turf battles.
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.
Performers for the Paris Olympics' opening ceremony are threatening to go on strike with just eight days remaining before the ceremony takes place. CBS News correspondent Elaine Cobbe has more.
A new Human Rights Watch report found Hamas committed numerous war crimes and crimes against humanity during the Oct. 7 attacks in Israel. Human Rights Watch also tells CBS News that due to lack of access, they have been unable to do a comprehensive report on Israel's conduct in Gaza. CBS News correspondent Debora Patta has more.
Wall Street Journal reporter Evan Gershkovich is back in a Russian court on espionage charges that could send him to prison for 20 years. The U.S. says the charges are a sham and that Gershkovich is being wrongfully detained as a political hostage. CBS News senior foreign correspondent Elizabeth Palmer has more.
Former President Donald Trump will deliver his first speech since last weekend's assassination attempt when he takes the stage Thursday night at the Republican National Convention. CBS News campaign reporter Jake Rosen has a preview of Trump's remarks.
Calls from Democrats in Congress for President Biden to end his reelection campaign are continuing with leaders of the party reportedly telling the president in private that he cannot beat former President Donald Trump. Biden has left the campaign trail and is isolating in Delaware after being diagnosed with COVID-19 on Wednesday. CBS News' Willie James Inman and Nikole Killion have more.