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With a surge in June hiring, the U.S. economy appears to be gaining momentum as nearly 1.4 million jobs have been created this year. The U.S. economy added 288,000 jobs for the month of June, dropping the unemployment rate to 6.2 percent. Anthony Mason reports.
President Obama marked the better-than-expected jobs report on Thursday by delivering an economic pep talk at a hub for technology startups in Washington, D.C.
The Dow Jones surged above 17,000 after a stronger-than-expected June jobs report that showed the economy gained more than 200,000 jobs for the fifth straight month. Margaret Brennan reports.
U.S. unemployment numbers are being released a day early due to the July 4th holiday. Plus, Target is asking customers to not bring guns in their stores. Jill Wagner reports on the day's top MoneyWatch headlines.
After a weaker-than-expected report on housing starts and a slump in mortgage activity, investors are awaiting data on new and existing home sales activity as well as prices. While the housing market has slowed notably in the first half of the year, many economists believe that it should recover from its current soft patch in the second half of the year and beyond. Jill Schlesinger has that story and more in her look at the business week ahead.
The government says the unemployment rate fell in 20 states in May while nearly three-quarters of states added jobs. The biggest unemployment rate drops were in Illinois and Massachusetts. Rhode Island has the nation's highest unemployment rate. Jericka Duncan has that story and more MoneyWatch headlines.
In a policy meeting yesterday, Federal Reserve Chair Janet Yellen said the unemployment rate would drop to 6 percent, which prompted a rally in the markets. Also, Amazon unveils its new smartphone; Jill Wagner reports on the day's top financial stories.
Speaking to reporters in her second formal news conference as head of the Federal Reserve, Janet Yellen downplayed the recent uptick in inflation, saying prices are rising in line with the central bank's 2014 projections.
Employers added 217,000 jobs in May, holding the unemployment rate steady at 6.3 percent. Joe Deaux, economics analyst for thestreet.com, joins “CBS This Morning: Saturday” to explain why economists aren’t happy.
The nation’s unemployment rate sits at 6.3 percent, just a tenth of a percent below the pre-recession peak. While the number of those out of work more than six months has dropped by more than 900,000 in the past year, the ranks remain bloated at 3.5 million. Jill Schlesinger reports.
Electronics retailer Best Buy says its cost cutting efforts helped the company post a profit of $461 million in the first three months of the year, compared to a loss during the same period in 2013. Jill Wagner has that story and more MoneyWatch headlines.
The unemployment rate is down in nearly all of the states. Analysts say that's a sign of widespread improvement in the nation's job market. Jericka Duncan has that story and more MoneyWatch headlines.
GM has added five recalls to its lengthy list, pushing the total number of recalled vehicles to more than 11 million this year alone. GM says they'll be recalling another 2.7 million cars and trucks to fix problems with brake lights, headlamps and power breaks. Jill Wagner has that story and more MoneyWatch headlines.
Fast food workers are taking their fight for higher pay global. Workers from dozens of countries on six continents are expected to strike on May 15. They’re demanding pay of $15 an hour. Jill Wagner has that story and more MoneyWatch headlines.
Employers added 288,000 jobs in April, bringing the unemployment rate down to 6.3 percent. CBS News contributor and analyst Mellody Hobson joins “CBS This Morning: Saturday” to discuss what this means for the economy.
The economy added a 288,000 jobs in April, the Labor Department said Friday. That is much more than economists had expected. The unemployment rate plunged to 6.3 percent, the lowest level since 2008. Jill Wagner has that story and more MoneyWatch headlines.
Ford announced that CEO Alan Mulally is retiring July 1st. Mulally, who is credited with saving the company from financial ruin, will be replaced by COO Mark Fields. Jill Wagner has that story and more MoneyWatch headlines.
President Barack Obama speaks with Major Garrett about the $600 million in grants for job training he announced Wednesday in Pennsylvania. The president said training for specific jobs, combined with apprenticeships and partnerships between the public and private sectors, will reduce unemployment and boost career advancement.
CBSNews.com Executive Washington Editor Steve Chaggaris talks with RealClearPolitics Political Reporter Caitlin Huey-Burns about the GOP's opposition to extending unemployment benefits and how it could impact the 2014 elections.
New legislation passed the Senate, but faces stiff opposition in the House. Plus, a look at Equal Pay Day and a new battery pack that can charge your phone in 30 seconds on today's MoneyWatch report.
The U.S. added 192,000 new jobs for the month March, finally regaining jobs lost in the Great Recession. Private sector jobs are now at a record high of 116 million. But could that be reason to celebrate? CBS News business analyst Jill Schlesinger explains what these numbers could mean for the job market.
The Labor Department says the U.S. job market added 192,000 jobs for the month of March, leaving the national unemployment rate unchanged at 6.7 percent. CBS News contributor and analyst Mellody Hobson joins "CBS This Morning: Saturday" for a discussion of what this means.
The U.S. economy has regained all the private sector jobs it lost in the Great Recession. The latest unemployment rate remained unchanged, sitting at 6.7 percent, but as Anthony Mason reports, millions of Americans have been forced to work part time.
At a recent job fair in New York City, employers were looking to hire veterans, who lag behind the general population when it comes to employment. Many of the employers at the fair say veterans have useful skills that make them valuable employees. Alexis Christoforous reports.
New government figures show the job market is bouncing back as the country added 192,000 positions in March. The unemployment rate stayed the same, at 6.7 percent. Charlie Rose reports.
Less than two full days into a ceasefire, Israel's military and Hezbollah were both claiming isolated breaches of the deal.
Trump's claims President Claudia Sheinbaum "agreed to stop migration through Mexico." She says she "explained" what Mexico was already doing.
More than 400 people were arrested in the operation targeting oceans, coasts, rivers and ports around the globe in October and November.
Need to shop on Thanksgiving? Here's what stores, restaurants, and other businesses are open and closed on Turkey Day.
CBS News projects Republicans will hold onto control of the House, although the majority will be slim.
Dustin Kjersem's death was initially reported as a bear attack after his girlfriend found his body in a tent on Oct. 12.
In settling, the three plaintiffs said they assign no "ill intent" to Rose and realize now that his conduct could be subject to interpretation.
Linebacker Medrick Burnett Jr. sustained a head injury in an October game against Alabama State and has been hospitalized since.
The woman boarded Delta Flight No. 264 from John F. Kennedy International Airport to Paris Charles de Gaulle Airport, CBS News learned. She was discovered while the plane was in midair and was taken into custody in Paris.
Linebacker Medrick Burnett Jr. sustained a head injury in an October game against Alabama State and has been hospitalized since.
A seventh grade media literacy class in New York is learning how to have difficult but empathetic questions as they combat misinformation.
In settling, the three plaintiffs said they assign no "ill intent" to Rose and realize now that his conduct could be subject to interpretation.
The man's attorneys said the punitive and compensatory damages total the largest amount to ever be awarded by a jury in a medical malpractice case in the U.S.
Trump's claims President Claudia Sheinbaum "agreed to stop migration through Mexico." She says she "explained" what Mexico was already doing.
Need to shop on Thanksgiving? Here's what stores, restaurants, and other businesses are open and closed on Turkey Day.
A November 2023 survey from the Pew Research Center found that 72% of people think tipping is expected in more places than it was five years ago.
Here's what a noted housing expert thinks will happen to mortgage rates next year as Donald Trump outlines his priorities.
Donald Trump's proposed tariffs on Canada could increase U.S. gas prices by up to 70 cents a gallon, energy experts say.
Consumers are expected to open their wallets this holiday season, with these children's toys high on the list.
Trump's claims President Claudia Sheinbaum "agreed to stop migration through Mexico." She says she "explained" what Mexico was already doing.
The tech CEO has been seeking to change his company's perception on the right following a rocky relationship with President-elect Donald Trump.
Former Sen. Bob Menendez, a Democrat from New Jersey, was convicted of 16 felony counts in July.
Keith Kellogg, a retired lieutenant general, served as national security adviser to former Vice President Mike Pence.
President Biden has been briefed on the incidents and "unequivocally" condemns threats of political violence, the White House said.
The man's attorneys said the punitive and compensatory damages total the largest amount to ever be awarded by a jury in a medical malpractice case in the U.S.
Tired from your Thanksgiving feast? You're not alone. But is it the tryptophan in turkey that leads to our food comas? Here's what experts say.
Can cats and dogs eat turkey and other Thanksgiving foods? Here's what experts say about what is safe and not.
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.
"The accused appears to have had no motive for killing the people other than the act of killing itself," prosecutors said.
Iga Swiatek is a 23-year-old from Poland who was ranked No. 1 most of the past two seasons but is now at No. 2.
Less than two full days into a ceasefire, Israel's military and Hezbollah were both claiming isolated breaches of the deal.
More than 400 people were arrested in the operation targeting oceans, coasts, rivers and ports around the globe in October and November.
Trump's claims President Claudia Sheinbaum "agreed to stop migration through Mexico." She says she "explained" what Mexico was already doing.
In settling, the three plaintiffs said they assign no "ill intent" to Rose and realize now that his conduct could be subject to interpretation.
Sean "Diddy" Combs' lawyers again asked the rapper be released on bond ahead of his trial, but the request was denied.
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.
The tech CEO has been seeking to change his company's perception on the right following a rocky relationship with President-elect Donald Trump.
Australia's full legislature has now passed a bill that will soon ban children under the age of 16 from using most social media platforms.
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.
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.
Starbucks managers forced to rely on manual systems to handle baristas' pay, but customers unaffected.
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.
"The accused appears to have had no motive for killing the people other than the act of killing itself," prosecutors said.
Dustin Kjersem's death was initially reported as a bear attack after his girlfriend found his body in a tent on Oct. 12.
More than 400 people were arrested in the operation targeting oceans, coasts, rivers and ports around the globe in October and November.
Sean "Diddy" Combs' lawyers again asked the rapper be released on bond ahead of his trial, but the request was denied.
Police in the Balkans arrested 11 alleged members of a criminal syndicate responsible for smuggling cocaine from South America to Europe, officials said.
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.
This Thanksgiving, CBS News New York's Jessi Mitchell introduces us to a family who is spending their holiday giving thanks to not only their family, but the special place they call home.
Historian Kenneth C. Davis, the bestselling author of "Don't Know Much About History" and "The World in Books," joined "CBS Mornings Plus" to discuss the history behind Thanksgiving and some of the traditions that go along with the holiday.
Thanksgiving isn't complete without a side of cranberries, but it's pretty tough work to harvest them. That's what a CBS News crew discovered on this day in 2002.
Atlanta Vibe setter Whitney Bower, 23, joined "CBS Mornings Plus" to discuss the upcoming second season of the Pro Volleyball Federation and the draft of collegiate players held earlier this week.
Officials with the Biden administration said Tuesday that President-elect Donald Trump's transition team has yet to agree to terms on a memorandum of understanding with the Justice Department, which will allow for the processing of security clearance requests. CBS News national security contributor Samantha Vinograd has more.