Jobless claims hit record 3.3 million people
Mass layoffs result in "single worst one-day piece of labor market news in America's history," one expert said.
Mass layoffs result in "single worst one-day piece of labor market news in America's history," one expert said.
President Trump on Thursday confronted the historic rise in unemployment. His administration tried to downplay the historic surge. Paula Reid reports.
More than 3.3 million Americans filed for unemployment benefits in the past week. The House is expected to approve the $2 trillion lifeline to workers and businesses. Mark Strassmann reports.
$2 trillion bill expected to be approved as millions of Americans file for unemployment; Woman creates "Feed the Fight" to deliver meals to hospital and medical centers
That's nearly five times as many claims as the previous record of 695,000 in October 1982.
More than 3 million Americans filed for unemployment benefits last week, the most in 50 years.
Americans filing for unemployment benefits can expect hundreds of extra dollars. Question is: How soon?
The U.S. Department of Labor reported Thursday a record-high 3.28 million Americans filed for unemployment benefits in the past week as coronavirus slams the economy. Yahoo Finance anchor Adam Shaprio joined CBSN to discuss.
More than 3 million U.S. workers filed for unemployment last week, making it the worst week for unemployment claims in over 50 years. Over half of all U.S. states have ordered nonessential businesses to close, putting millions more at risk of being laid off or not working enough hours to survive. Jill Schlesinger, who called the Senate's coronavirus stimulus bill aimed at easing the pandemic's economic blow a "lifeline" to these workers, joins "CBS This Morning" to put the numbers into context.
Amazon, Instacart and Walmart are among the big companies seeking workers amid surge in demand during the pandemic.
The Dow and NASDAQ’s Friday closing numbers marked the end of U.S. markets’ worst week since the 2008 financial crisis. The economic fallout has also lead to massive layoffs and predictions of an unprecedented slowdown. Jill Schlesinger joins “CBS This Morning: Saturday” to break down the latest financial information.
Job losses are piling up around the U.S. as the coronavirus brings the economy to a virtual standstill.
Nationally, unemployment claims are skyrocketing. The federal government is trying to put a band-aid on the financial bleeding, working to send out stimulus checks of $1,000 per adult and $500 per child. Kris Van Cleave reports.
Financial markets rose on hopes the federal government will move to prop up the economy. Hurry, Wall Street's saying.
As the pandemic slams the U.S. economy, layoffs are surging at restaurants, hotels and other businesses.
Many states are dealing with unprecedented wave of jobless applications as coronavirus shutters hundreds of businesses.
Some local business owners are forgoing profit in order to help their neighbors.
Employers added a stronger than expected 273,000 jobs last month, while unemployment rate ticked down.
"I'm going to be in debt for the rest of my life," says one recent graduate about her struggle to make ends meet.
South Carolina is getting a lot of attention — but not only because of its primary. The Palmetto state is booming, and while wages are generally low, the right-to-work state boasts one of the lowest unemployment rates in the country. Nikole Killion reports.
President Donald Trump often claims black people are better off under his administration, citing low unemployment numbers.
A surprisingly warm January led to strong hiring, with jobs gains in the areas of construction and leisure and hospitality. CBS News' Vladimir Duthiers has the numbers.
Unemployment rate ticked up to 3.6% as more people entered the labor force to look for work.
Boeing is set to announce its partnership with Reedley, California sometime on Wednesday, a mutually beneficial deal that town officials hope will transform the agricultural region into a pilot training hub.
The U.S. labor market continues to expand, but job growth last year was the slowest since 2011.
As Israel and Hezbollah cease fire after a year, President Biden says Palestinians in war-torn Gaza also "deserve an end of the fighting and displacement."
Mark Swidan, Kai Li, and John Leung have been released from detention, a spokesperson for the National Security Council said.
Tariffs on U.S. imports would raise prices for consumers on a range of goods, experts say. Here's what to know.
A woman saw a photo of a man she believed to be her brother who was reported missing in 1999. She was right.
The Trump transition team has yet to sign key agreements with the Justice Department or General Services Administration, White House officials say.
An Australian police officer who Tasered 95-year-old great-grandmother Clare Nowland in her care home has been found guilty of manslaughter.
Scientists now have a clearer picture of Camp Century, an abandoned U.S. military base long hidden under the ice in Greenland, thanks to a NASA research team's good luck.
The cartel allegedly uses fishing boats to smuggle drugs and migrants — and catch tons of red snapper, a commercially valuable but vulnerable species.
Why is Thanksgiving traditionally associated with turkey and other specific foods? We asked a history expert why we eat what we do on the holiday.
The Trump transition team has yet to sign key agreements with the Justice Department or General Services Administration, White House officials say.
An Illinois mom got stuck with a big bill after taking her 3-year-old to the ER but never seeing a doctor. "It's mind-blowing," she said.
Mark Swidan, Kai Li, and John Leung have been released from detention, a spokesperson for the National Security Council said.
Tariffs on U.S. imports would raise prices for consumers on a range of goods, experts say. Here's what to know.
A woman saw a photo of a man she believed to be her brother who was reported missing in 1999. She was right.
An Illinois mom got stuck with a big bill after taking her 3-year-old to the ER but never seeing a doctor. "It's mind-blowing," she said.
Tariffs on U.S. imports would raise prices for consumers on a range of goods, experts say. Here's what to know.
23andMe CEO Anne Wojcicki talks to "CBS Mornings" co-host Gayle King about the company's recent struggles, welcoming employee feedback and her vision for the future of the genetic-testing and ancestry-tracing company.
The cartel allegedly uses fishing boats to smuggle drugs and migrants — and catch tons of red snapper, a commercially valuable but vulnerable species.
President-elect Donald Trump is proposing sweeping new tariffs on Mexico, Canada and China as soon as he takes office. Here's why.
The Trump transition team has yet to sign key agreements with the Justice Department or General Services Administration, White House officials say.
Dr. Jay Bhattacharya, who has faced restrictions on social media platforms because of his views, was a critic of pandemic lockdowns and vaccine mandates.
If confirmed as trade representative, Jamieson Greer would be responsible for negotiating directly with foreign governments on trade deals and disputes.
Alexander Smirnov, an FBI informant, was accused of lying about President Biden and Hunter Biden and now faces new charges of tax evasion.
Americans are most thankful for family and friends, which may be why they'll try to steer away from politics at Thanksgiving.
An Illinois mom got stuck with a big bill after taking her 3-year-old to the ER but never seeing a doctor. "It's mind-blowing," she said.
Why is Thanksgiving traditionally associated with turkey and other specific foods? We asked a history expert why we eat what we do on the holiday.
If you're looking forward to a delicious — and safe — Thanksgiving dinner with loved ones, here's how to cook your turkey and keep your leftovers safely.
A federal panel has been meeting for months to draft recommendations.
Dr. Jay Bhattacharya, who has faced restrictions on social media platforms because of his views, was a critic of pandemic lockdowns and vaccine mandates.
Scientists now have a clearer picture of Camp Century, an abandoned U.S. military base long hidden under the ice in Greenland, thanks to a NASA research team's good luck.
Australia's House of Representatives has passed a bill that would ban children under the age of 16 from using most social media platforms.
As Israel and Hezbollah cease fire after a year, President Biden says Palestinians in war-torn Gaza also "deserve an end of the fighting and displacement."
Mark Swidan, Kai Li, and John Leung have been released from detention, a spokesperson for the National Security Council said.
Torrential rain unleashed flooding and landslides on Indonesia's Sumatra island, killing 20 people and leaving at least two others missing.
Members of the iconic band, the Grateful Dead, reflected on the impact bandmate Phil Lesh had on their lives and said they had hoped to play together again.
Iconic band The Grateful Dead, is remembering one of the band's original members, Phil Lesh, who died in October at 84 years old. The surviving original members of the band credit Lesh for the impact he made in each of their lives and revealed they were hoping to play together one more time.
Harvey Weinstein's lawyers filed a legal claim alleging that he is receiving substandard medical treatment in unhygienic conditions while in custody at Rikers Island.
Irish band The Script continues to inspire with hits like "Hall of Fame," while moving forward after the loss of guitarist Mark Sheehan. Danny O'Donoghue talks to Natalie Morales about the band's journey, and how boxing helps him cope.
Actor Danielle Pinnock joins "CBS Mornings" to talk about her role in the hit CBS comedy "Ghosts," where she plays a spirited 1920s jazz singer with plenty of sass.
Australia's House of Representatives has passed a bill that would ban children under the age of 16 from using most social media platforms.
British phone company Virgin Media O2 has developed an AI-generated grandmother to talk to scammers all day and waste their time so you don't have to. CBS News Confirmed executive producer Melissa Mahtani has more on the "grandma" and how you can protect yourself from phone scams.
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.
Starbucks managers forced to rely on manual systems to handle baristas' pay, but customers unaffected.
More than one third of travelers says they've incorporated artificial intelligence into their travel planning, according to a recent survey. CBS News compared how efficient booking a trip with the help of AI is compared to doing the research yourself.
Scientists now have a clearer picture of Camp Century, an abandoned U.S. military base long hidden under the ice in Greenland, thanks to a NASA research team's good luck.
Negotiators are far apart as the United Nations tries to work out the world's first treaty to curb plastic pollution. Issues creating roadblocks include limiting new manufacturing of plastic and the potential phasing out of some chemicals. For more on the talks, CBS News was joined by Erin Simon, vice president and head of plastic waste and business for the World Wildlife Fund in the U.S.
Forensic pathologists hope advanced DNA testing technology will enable them to attach names to all the unidentified people at the Honolulu Medical Examiner's Office.
At the Johnson Space Food Systems Laboratory in Houston, NASA scientists develop dishes – freeze-dried, heat-stabilized, or irradiated – to serve on the International Space Station. Correspondent David Pogue checks out what's on the menu in Earth orbit.
This winter, the National Oceanic and Atmospheric Administration predicted above-average temperatures throughout the U.S. because of a "slowly developing" La Niña pattern. CBS News Sacramento meteorologist Tracy Humphrey reports on the changing winter conditions.
Daniel Andreas San Diego, a suspect in in two 2003 northern California bombings, was arrested in the U.K. this week. San Diego, who had been one of the FBI's most wanted terror suspects, now faces extradition.
Forensic pathologists hope advanced DNA testing technology will enable them to attach names to all the unidentified people at the Honolulu Medical Examiner's Office.
The cartel allegedly uses fishing boats to smuggle drugs and migrants — and catch tons of red snapper, a commercially valuable but vulnerable species.
An Australian police officer who Tasered 95-year-old great-grandmother Clare Nowland in her care home has been found guilty of manslaughter.
The Los Angeles County man, who was trying to board a flight to Australia, faces one count of intent to distribute methamphetamine.
The Sombrero galaxy, named for its resemblance to the Mexican hat, is about 30 million light-years from Earth.
Marc and Sharon Hagle, both making their second space flight, were among the passengers for the NS-28 mission.
The ninth Blue Origin space tourism flight launched from West Texas Friday morning. CBS News space consultant Bill Harwood and space expert Scott Heidler offered analysis of the flight.
President-elect Donald Trump attended SpaceX's sixth flight test of its Super Heavy-Starship on Tuesday with CEO Elon Musk. The burgeoning friendship between the two men played a key role in Trump's reelection, with Musk now set to run a government efficiency agency in the coming months. CBS News political reporter Jake Rosen and Politico aviation reporter Oriana Pawlyk join "America Decides" with more.
President-elect Donald Trump was on hand with Elon Musk for the sixth test flight of SpaceX's huge Super Heavy-Starship rocket.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
See some of convicted serial killer Rodney Alcala's photographs that were discovered by detectives in a Seattle storage locker.
The seesaw marriage between the former ballerina and her much older husband only lasted four years, until she shot him on Sept. 27, 2020.
A look at the evidence in "The Dexter Killer" case; plus, newly revealed letters from the man police say wanted to be like fictional serial killer Dexter Morgan.
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.
CBS News Chicago reporter Mugo Odigwe and CBS News Boston reporter Penny Kmitt have reports from their local airports where travelers are trying to make it to their destinations for Thanksgiving. And CBS News Philadelphia meteorologist Grant Gilmore has a look at the national forecast.
The ceasefire between Israel and Hezbollah has taken effect and appears to be holding as people return to their homes in Lebanon. CBS News national security contributor Samantha Vinograd has a look at the implementation of the agreement.
There are reports that the United Nations is evacuating a small number of staff in Haiti as gang violence escalates in Port-au-Prince. More than 40,000 people have been displaced from the capital in the last ten days according to U.N. data. Jacqueline Charles, Haiti/Caribbean correspondent for the Miami Herald, joined CBS News to discuss the situation.
Daniel Andreas San Diego, a suspect in in two 2003 northern California bombings, was arrested in the U.K. this week. San Diego, who had been one of the FBI's most wanted terror suspects, now faces extradition.
Following a relatively long delay, President-elect Donald Trump's team has signed the documents that will allow them to start working with their counterparts in the Biden administration before Trump's January inauguration. CBS News senior White House correspondent Weijia Jiang has more.