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For the first time in more than 20 weeks, new claims for unemployment benefits dipped slightly below 1 million. But one sector continues to suffer historic losses: leisure and hospitality. Mireya Villarreal reports.
U.S. reportedly lagging behind on COVID19 testing; Iowa's crucial role in the 2020 election
An additional 963,000 Americans filed new unemployment claims for the week ending August 8th. This is the first week since March that initial jobless claims dropped below 1 million. Frances Stacy, the director of portfolio strategy at Optimal Capital, joined CBSN to break down the numbers.
Fewer than expected people filed for unemployment last week, though numbers remain far higher than before the pandemic.
Additional benefits could be exhausted within six weeks, while some workers could receive less than $400 per week.
As their tax revenue plunges, many states question if they could afford to contribute extra jobless aid.
Pres. Trump facing bipartisan backlash; Previewing the Democratic National Convention
President Trump is defending the executive orders he signed over the weekend and says that they will help out-of-work Americans and others facing financial problems during the pandemic. Weijia Jiang reports.
Many state governments are already facing budget crunches caused by the coronavirus pandemic.
After coronavirus relief bill negotiations collapsed, President Trump signed four executive orders aimed at providing financial aid to Americans. Democrats have decried the actions as unconstitutional, and they will most likely be challenged in court. CBS News' Paula Reid joins CBSN's Lana Zak with the latest.
The president of the Federal Reserve Bank of Chicago said additional federal aid is needed to address the economic impact of the pandemic.
Unemployment benefits at $400 a week were included, lower than the previous rate of $600 a week.
President Trump signed several executive orders on economic relief amid the coronavirus pandemic, including an extra $400 a week in unemployment benefits. Under the CARES Act, the added benefits came out to an extra $600 per week. Watch his remarks.
The Equal Pay Act passed in 1963, making gender-based wage discrimination illegal. However, more than 50 years later women are still paid less than their male counterparts. The pandemic could be making the situation worse, with women suffering more job losses than men. For Black and Latina women, the gap is even bigger. Michelle Miller explains.
A July jobs report that saw 1.8 million new jobs created and a lowering of the national unemployment rate comes amid negotiations in Washington over a second stimulus package. However, the pace of hiring appears to be slowing as more states slow down or roll back their reopenings. CBS News senior business analyst Jill Schlesinger joins "CBS This Morning: Saturday" for what this all means, and what the numbers say about the future of the U.S. economy.
President Trump called a sudden press conference Friday evening where he signaled he will take executive action on unemployment, student loans and evictions after lawmakers were not able to reach a deal. However, the president was vague about when he would do this or if he really had the power to decide issues that are usually left to Congress, as tens of millions of Americans remain in limbo. Paula Reid reports.
Unemployment stimulus talks ground to a halt on Friday as the unemployment rate dropped to 10.2%. It is unclear what the White House can do to restore federal unemployment benefits that lapsed for millions of Americans last week. Nancy Cordes reports.
President Trump is considering taking executive action as lawmakers remain deadlocked in stimulus negotiations. CBS News White House correspondent Weijia Jiang joins CBSN to talk about the latest.
So far, less than half of all the country's jobs lost during March and April shutdowns have returned.
The economy added 1.8 million jobs in July, dropping the unemployment rate to 10.2%. CBS News business analyst Jill Schlesinger joins "CBS This Morning" to discuss the numbers and whether a second wave of layoffs is expected at small businesses.
Millions thrown out of work because of pandemic are straining to afford the basics now that an extra $600 a week in federal help has expired.
Nearly 1.2 million workers applied for unemployment benefits last week, marking the 20th straight week with claims crossing one million. Mark Strassmann reports.
1.18 million Americans filed new claims for unemployment last week as the government continues to struggle with a second coronavirus stimulus package. Norm Champ, former director of the Division of Investment Management at the SEC, joins CBSN with insight into these numbers and why they might signify a slow reopening of the economy.
The number of people applying for initial unemployment benefits fell below 2 million for the first time since March.
Fifty-four million Americans could face hunger due to the coronavirus pandemic. In the "CBS This Morning" series A More Perfect Union, Vladimir Duthiers reports on a nationwide movement stocking sidewalk fridges across the country with free food. It's a grassroots movement looking to feed those in need, one healthy bag of food at a time.
Banks, airlines and other Microsoft clients grapple with global outages due to a CrowdStrike software issue.
"I am not supposed to be here tonight," former President Donald Trump said. "I stand before you in this arena only by the grace of almighty God."
Two senior House Democrats believe Biden could leave the 2024 presidential race within days after a pressure campaign from top Democratic lawmakers.
The Wall Street Journal calls reporter Evan Gershkovich's conviction on spying charges in Russia "bogus," but it may clear the way for a prisoner swap.
More than 1,000 flights had been canceled in the U.S. as of Friday morning, and airlines are warning of disruptions throughout the day.
Weisselberg was sentenced in April to five months in Rikers Island, in line with a plea agreement over his alleged perjury in a 2023 civil fraud case.
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.
Sandra Hemme, now 64, had been serving a life sentence after she was twice convicted of murder in the death of library worker Patricia Jeschke.
Israel's military says a drone attack launched from Yemen has killed 1 person in Tel Aviv and left at least 8 others wounded.
More than 1,000 flights had been canceled in the U.S. as of Friday morning, and airlines are warning of disruptions throughout the day.
Weisselberg was sentenced in April to five months in Rikers Island, in line with a plea agreement over his alleged perjury in a 2023 civil fraud case.
Officer Daniel Auderer was heard laughing after stating Jaahnavi Kandula was dead, saying her young life had "limited value."
Sandra Hemme, now 64, had been serving a life sentence after she was twice convicted of murder in the death of library worker Patricia Jeschke.
Trump officially became the GOP's 2024 presidential nominee at the Republican National Convention. Here are the top highlights.
More than 1,000 flights had been canceled in the U.S. as of Friday morning, and airlines are warning of disruptions throughout the day.
Some of traditionally liberal Silicon Valley's biggest names are backing Trump.
Although Donald Trump vows to bring U.S. prices down "very quickly," some economists say his policies could rekindle inflation. Here's what to know.
Cash, cars and even cows are just a few ways some nations reward their medal-winning Olympic athletes.
Bissell says it has received more than 150 reports of burn injuries from recalled product. Here's how consumers can get a refund.
Republicans were once the party of Obamacare repeal and abortion opposition. They've said little about either issue in Milwaukee.
Weisselberg was sentenced in April to five months in Rikers Island, in line with a plea agreement over his alleged perjury in a 2023 civil fraud case.
Some of traditionally liberal Silicon Valley's biggest names are backing Trump.
Trump officially became the GOP's 2024 presidential nominee at the Republican National Convention. Here are the top highlights.
Although Donald Trump vows to bring U.S. prices down "very quickly," some economists say his policies could rekindle inflation. Here's what to know.
Republicans were once the party of Obamacare repeal and abortion opposition. They've said little about either issue in Milwaukee.
The now-recalled Diamond Shruumz gummies had been sold legally, but testing found they contained an illegal controlled substance.
Citing suspected links to a listeria outbreak, Canada's health agency has issued a recall notice for 18 plant-based drinks sold under the Silk and Great Value brands.
President Biden has tested positive for COVID-19, prompting an array of questions about his health and condition. Here's what we know so far.
Public safety and health care organizations are using drones to speed up lifesaving treatment during medical emergencies in which every second counts.
The Wall Street Journal calls reporter Evan Gershkovich's conviction on spying charges in Russia "bogus," but it may clear the way for a prisoner swap.
What to know as banks, airlines and other Microsoft clients grapple with global outages due to a CrowdStrike software issue.
Israel's military says a drone attack launched from Yemen has killed 1 person in Tel Aviv and left at least 8 others wounded.
Far-right Israeli official Itamar Ben-Gvir paid a controversial visit to a contested holy site as a rights group details alleged Hamas war crimes.
The cubs - a female named Tochka and a male named Timur - explored their enclosure together with their mother, 13-year-old Katinka.
Legendary comedian Bob Newhart, known for his trademark deadpan delivery, has died at the age of 94.
Bob Newhart, who starred in the long-running sitcoms "The Bob Newhart Show" and "Newhart," has died at age 94.
After nearly four years of legal disputes, renowned wedding dress designer Hayley Paige has regained the right to use her name and control of social media accounts.
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 pick. Watch the author, David Wroblewski, read an excerpt from his long-awaited follow-up to his bestselling debut, "The Story of Edgar Sawtelle."
What to know as banks, airlines and other Microsoft clients grapple with global outages due to a CrowdStrike software issue.
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.
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.
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.
Apple users can now download an early version of a new iPhone operating system that will be officially released this fall.
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.
Weisselberg was sentenced in April to five months in Rikers Island, in line with a plea agreement over his alleged perjury in a 2023 civil fraud case.
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.
Keith Edmund Gavin was pronounced dead at 6:32 p.m. CT following a chemical injection at the William C. Holman Correctional Facility in Alabama.
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.
One person was killed and several others injured in a drone attack early Friday morning on the Israeli city of Tel Aviv. Houthi rebels in Yemen have claimed responsibility for the attack and Israeli authorities say it was an Iranian-made drone that came from Yemen. CBS News foreign correspondent Debora Patta has more.
As President Biden recovers from COVID, CBS News is learning that he could leave the 2024 presidential race in a matter of days, according to two senior House Democrats. CBS News' Willie James Inman and Nikole Killion have the latest on the push for Biden to drop out.
Former President Donald Trump on Thursday capped off the final night of the Republican National Convention with his first speech since Saturday's attempt on his life. He accepted his party's nomination and spoke of unity while also repeating the attacks and false claims that have helped divide the country. CBS News campaign reporter Jake Rosen has more.
Massive tech outages Friday around the world are impacting airlines, businesses, offices and companies that are using Microsoft software. Apple and Linux systems are working normally. The issues are due to a technical problem that global cybersecurity firm CrowdStrike said it had identified in its software and was working to resolve. CrowdStrike provides antivirus software to Microsoft for its Windows devices. CBS News senior foreign correspondent Elizabeth Palmer has more.
Former President Donald Trump made a dramatic entrance on the final night of the 2024 Republican National Convention, walking on stage with his last name behind him in bright lights.