Biden unveils new economic plan
President Biden has unveiled his new plan for the U.S. economy. During a speech in Chicago, he touted growing the economy by focusing on expanding the middle class. CBS News White House reporter Bo Erickson has more.
Unemployment
AI eliminated nearly 4,000 jobs last month, report says
A report of U.S. job cuts showed roughly 5% of job losses in May were due to AI technology.
Job-hopping doesn't pay what it used to
Big pay hikes from switching jobs, a key trend that drove the Great Resignation, is unwinding, a new analysis finds.
U.S. adds over 300,000 jobs in May
According to the U.S. Labor Department, 339,000 jobs were added in May, much more than the 190,000 predicted by some economists. The unemployment rate rose to 3.7%. Lori Bettinger, president of BancAlliance and the former director of the TARP Capital Purchase Program at the Treasury Department, joins CBS News with her analysis of the numbers.
The class of 2023 is entering the strongest job market in 70 years
With the youth unemployment rate at a 70-year low, this year's crop of new graduates is likely to have an easier time getting hired.
New economic data signals easing inflation
Economic data released Thursday shows that U.S. wholesale price increases decelerated in April and unemployment claims increased in the week ending May 6. Meanwhile, Treasury Secretary Janet Yellen warns that if the U.S. defaults on its debt, it could threaten the global economy. Jeanna Smialek, a Federal Reserve and economy reporter at the New York Times, joins CBS News to discuss.
Santos backed an unemployment fraud bill. Now he's accused of it.
Santos allegedly claimed almost $25,000 in jobless aid while earning $120,000 annually, according to federal prosecutors.
Latest jobs report shows strong economic growth
The U.S. added 253,000 jobs in April, according to a report released Friday by the Labor Department, well above estimates from economists. Unemployment also fell to 3.4%, and wages were also higher. Ed O'Keefe has the details.
Markets react to jobs report, interest rates
Javier David, a CBS News contributor and managing editor for business and markets for Axios, and Jeanna Smialek, an economics reporter for The New York Times, join us to discuss the latest financial news, including the April jobs report released today, the Federal Reserve's decision to raise interest rates again this week, and the health of the nation's banking system.
Hiring for white-collar jobs in the U.S. is hitting a wall
Fearing an imminent recession, corporate employers are pulling back on hiring in a range of professional fields.
Consumer spending strong despite slowing GDP
The stock market closed in positive territory Thursday despite the latest GDP report from the the Commerce Department showing that the economy grew at an annual rate of only 1.1% in the first quarter of 2023. Lori Bettinger, president of BancAlliance, spoke with CBS News about what the latest GDP figures mean for investors and consumers going forward.
U.S. economic growth slows, GDP report shows
The nation's gross domestic product grew at an annual rate of 1.1% in the first quarter of 2023, lower than what economists expected. But, the latest jobs report shows unemployment claims fell by 16,000. Ben Eisen, a reporter for the Wall Street Journal, joined CBS news to parse through the latest numbers.
BuzzFeed News shutting down as parent company cuts 15% of jobs
CEO Jonah Peretti wrote in a memo that "the company can no longer continue to fund BuzzFeed News as a standalone organization."
Big banks report strong first quarter earnings
J.D. Durkin, host of "TheStreet," and Jacob Bogage, business reporter for The Washington Post, joined CBS News to discuss Friday's report of strong first quarter earnings for big banks. They also reacted to the latest unemployment numbers, and strong sales for Burger King.
Inflation persists while employment remains strong
The latest jobs report from the U.S. Labor Department showed unemployment in March at just 3.5%. Americans remain concerned over the ongoing impact of incessant inflation amid high interest rates, with the average American spending more than $700 on a new car. Michael George has more.
Two Democrats expelled from Tennessee House
Tennessee's Republican-controlled state House expelled two of the three Democratic members involved in protests for gun reform on the chamber floor last week. CBS News senior White House correspondent Weijia Jiang joins us with more on the Biden administration's response.
U.S. added 236,000 jobs in March
Despite nine federal rate hikes over the past year, the U.S. added 236,000 jobs in March, according to the latest data from the Labor Department. CBS News senior investigative correspondent Catherine Herridge broke down the latest jobs report with Lori Bettinger, BancAlliance president and former director of the Troubled Assets Relief Program .
U.S. job growth slows in March
Sarah House, a senior economist for Wells Fargo, joins CBS News' Vladimir Duthiers and Errol Barnett to discuss the March 2023 jobs report, what it means for the economy and how it could impact the Federal Reserve's future decisions on interest rates.
Hiring slowed in March as job market shows signs of cooling
Employers added 236,000 jobs last month, and the nation's unemployment rate fell to 3.5%.
Jobless claims fell but trend is mixed
The latest jobless claims report reveals first-time filings fell by 18,000 to 228,000 for the week ending April 1. CBS News' Errol Barnett and Lana Zak are joined by Axios economics reporter Courtenay Brown with more on the findings.
Layoffs rose sharply in the first three months of the year
As the Fed continues hiking interest rates, weaker hiring and mounting layoffs suggest the U.S. job market is softening.
Fake job listings are a growing problem
Federal data shows there are more than 10 million job openings across the U.S. But a new report shows not all of those jobs really exist. CBS MoneyWatch associate managing editor Irina Ivanova joined Errol Barnett and Lana Zak to discuss.
Fake job listings are a growing problem in the labor market
Plentiful job listings show an overheated hiring market — but many are duplicates or fake, say economists and recruiters.
U.S. economy adds 311,000 jobs in February
A better-than-expected jobs report was released yesterday and touted by President Biden as a sign of economic progress. There was a jump in unemployment, even as jobs were added. Christina Ruffini has more.
New jobs report shows strong labor market
The Bureau of Labor Statistics released its jobs report for February. It shows 311,000 jobs were added last month and that the unemployment rate rose to 3.6%. CBS News contributor and Axios managing editor for business and markets Javier David joins Vladimir Duthiers and Shaunelle Kaul to discuss.
Live
Iran fires on ships in Strait of Hormuz as it closes the critical chokepoint again
Iran swiftly reversed course on reopening the Strait of Hormuz after the U.S. said the move would not end its blockade.
Trump signs executive order to research psychedelics for mental health
The order will open the door for more research into psychedelic drugs, including ibogaine, sources told CBS News earlier this week.
Lawyer who led effort to overturn 2020 election will oversee probe of ex-CIA director
Joseph DiGenova, a conservative attorney, is being tapped by the U.S. Justice Department to lead an ongoing criminal investigation into former CIA Director John Brennan.
How the dispute between Trump and Pope Leo escalated
President Trump has lobbed insults at Pope Leo XIV in response to his criticisms of the war in Iran, marking an unusually pronounced rupture between the leaders of the world's most powerful country and the world's largest Christian denomination.
Obama meets Mamdani in New York City ahead of a preschool reading event
Former President Barack Obama met privately with New York Mayor Zohran Mamdani before joining together to read to preschoolers at a child care center in the Bronx.
Trump signs short-term extension of surveillance law passed by Congress
President Trump's signing comes after Congress passed a 10-day extension for the controversial warrantless surveillance law.
Appeals court allows all White House ballroom construction to resume
An order earlier this week blocked most above-ground construction on the project.
Cleanup underway in Midwest after tornadoes leave path of damage, destruction
Communities across the Midwest were starting the cleanup process Saturday after multiple tornadoes touched down and severe weather struck areas from the Great Lakes to Texas.
2 soldiers attacked by bear during training at Army base in Alaska
Two soldiers from Joint Base Elmendorf-Richardson in Anchorage, Alaska, were injured in a brown bear attack on Friday during a training session.
U.S.
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Investigators team up to solve mystery of missing Iowa teen
After Jade Colvin, a missing Iowa teenager, is tracked to a remote farm, photos discovered on an old cellphone reveal important clues.
Skydiver rescued after crashing into scoreboard during Virginia Tech game
A skydiver crashed into the scoreboard before Virginia Tech's spring football game.
Obama meets Mamdani in New York City ahead of a preschool reading event
Former President Barack Obama met privately with New York Mayor Zohran Mamdani before joining together to read to preschoolers at a child care center in the Bronx.
2 soldiers attacked by bear during training at Army base in Alaska
Two soldiers from Joint Base Elmendorf-Richardson in Anchorage, Alaska, were injured in a brown bear attack on Friday during a training session.
Record U.S. drought sparks fears about wildfires, water and food prices
Meteorologists said the drought is a bad sign for the upcoming wildfire season, food prices and existing water issues.
MoneyWatch
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Judge blocks Nexstar's acquisition of Tegna until antitrust suit resolved
The deal, approved by the FCC, would create a company that owns 265 television stations in 44 states and Washington, D.C.
Airlines cut routes in response to rising jet fuel costs amid Iran war
Rising jet fuel prices are forcing airlines to cut routes and trim schedules.
Oil prices plummet after Iran says Strait of Hormuz is "completely open"
Prices dropped after Iran's foreign minister said the Strait of Hormuz is "completely open" for the remainder of the Israel-Lebanon ceasefire.
Here's who is spending money on AI subscriptions, and how much they cost
Households are starting to make room in their budgets for spending on generative AI subscriptions, new data shows.
Ford recalls nearly 1.4 million pickup trucks due to gearshift issue
The recall affects F-150 vehicles quipped with a six-speed automatic transmission produced between March 12, 2014, and Aug. 18, 2017, according to NHTSA.
Politics
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Obama meets Mamdani in New York City ahead of a preschool reading event
Former President Barack Obama met privately with New York Mayor Zohran Mamdani before joining together to read to preschoolers at a child care center in the Bronx.
Lawyer who led effort to overturn 2020 election will oversee probe of ex-CIA director
Joseph DiGenova, a conservative attorney, is being tapped by the U.S. Justice Department to lead an ongoing criminal investigation into former CIA Director John Brennan.
Trump signs executive order to research psychedelics for mental health
The order will open the door for more research into psychedelic drugs, including ibogaine, sources told CBS News earlier this week.
Appeals court allows all White House ballroom construction to resume
An order earlier this week blocked most above-ground construction on the project.
Judge blocks Nexstar's acquisition of Tegna until antitrust suit resolved
The deal, approved by the FCC, would create a company that owns 265 television stations in 44 states and Washington, D.C.
HealthWatch
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Trump signs executive order to research psychedelics for mental health
The order will open the door for more research into psychedelic drugs, including ibogaine, sources told CBS News earlier this week.
Mom's labor turns into fight for life after 1 symptom: "I think I'm about to die"
Casey Gould wanted to be a mom her whole life. Her long-awaited pregnancy went smoothly — until she saw something alarming.
Dr. Erica Schwartz nominated for CDC director
President Trump nominated a new director for the Centers for Disease Control and Prevention on Thursday. Dr. Erica Schwartz is a former deputy surgeon general and retired Coast Guard rear admiral.
RFK Jr. defends proposed 12% health budget cut, measles response in House testimony
Health Secretary Robert F. Kennedy Jr. testified before the House Ways and Means Committee on Thursday, kicking off an expected sprint of seven budget hearings he'll attend over the next week.
Trump announces he's nominating Dr. Erica Schwartz for CDC director
CBS News reported Wednesday that Dr. Erica Schwartz was emerging as the president's top pick for the role.
World
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Life jacket worn by Titanic passenger who survived auctioned for $900,000
The item is believed to be one of only a handful of Titanic life jackets still in existence, the auction house said.
6 killed after gunman opens fire in Kyiv, Ukrainian officials say
The head of Ukraine's Interior Ministry said the gunman took hostages and spoke to negotiators for 40 minutes before he was shot dead.
Over 1,000 bone fragments found in Mexico City ahead of World Cup
Mexico City and Guadalajara are preparing to host World Cup games in June, with protesters denouncing the government's failure to properly investigate the disappearances.
Former chef facing 14 murder charges to plead guilty to aiding suicide
Abetting suicide carries a maximum sentence of 14 years, according to the Canadian Criminal Code.
U.K. police probe arson attack on building formerly housing Jewish charity
There were no injuries reported in connection with the attack, police said Saturday.
Entertainment
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Entertainment
Breaking down the unlikely rise of the PWHL
New York Sirens captain Micah Zandee-Hart and Professional Women's Hockey League executive vice president of hockey operations Jayna Hefford sit down with "CBS Saturday Morning" to discuss the league's recent increase in popularity.
"Schmigadoon!" prepares for Broadway debut
Cinco Paul, the screenwriter behind hit movies like the "Despicable Me" series and "Dr. Seuss' Horton Hears a Who!", sits down with "CBS Saturday Morning" to discuss his latest project: adapting the hit Apple TV+ series "Schmigadoon!" for Broadway.
The Lone Bellow performs "You Were Leaving"
The Lone Bellow began playing more than 10 years ago and gained a following for their folksy, Brooklyn sound. Now, out with their latest album, "What a Time to Be Alive," here's The Lone Bellow performing "You Were Leaving."
The Lone Bellow performs "No Getting Over You"
The Lone Bellow began playing more than 10 years ago and gained a following for their folksy, Brooklyn sound. Now, out with their latest album, "What a Time to Be Alive," here's The Lone Bellow performing "No Getting Over You."
The Lone Bellow performs "I Did It For Love"
The Lone Bellow began playing more than 10 years ago and gained a following for their folksy, Brooklyn sound. Now, out with their latest album, "What a Time to Be Alive," here's The Lone Bellow performing "I Did It For Love."
Technology
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Technology
Can Allbirds take flight as an AI company?
The struggling shoe brand Allbirds announced it is exiting the footwear business and re-inventing itself as an artificial intelligence company. Max Darrow has more from San Francisco.
Experts have warning for AI-generated podcasts
Millions of Americans get health information from podcasts. Now, some medical experts are warning about the harmful impacts of misinformation on these programs. CBS News medical contributor Dr. Céline Gounder has more.
How AI powered robots are helping small farms
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.
AI "agents" can do your shopping. Should you let them?
Big retailers are embracing agentic commerce as a new way to shop. But you should think twice before handing over your credit card, tech experts say.
AI version of Val Kilmer to star in new movie
Actor Val Kilmer died last April, and yet he is starring in a new movie, made after his death. Jo Ling Kent reports on how filmmakers resurrected his voice and image by using artificial intelligence.
Science
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First major forecast for 2026 Atlantic hurricane season is released
Colorado State University has released its annual Atlantic hurricane forecast, predicting 13 named storms and six hurricanes may develop during the 2026 season.
Creature thought to be world's oldest octopus isn't an octopus after all
Scientists have found evidence that a 300-million-year-old sea creature previously thought to be the world's oldest octopus is actually a nautilus relative.
March smashed heat records in several ways, federal data shows
Last month was the hottest March on record for the Lower 48 states, by the most for any month ever, federal data shows. And a forecast El Niño could heat Earth even more.
Emperor penguins listed as endangered species
The emperor penguin has been declared an endangered species as climate change pushes the icon of Antarctica a step closer to extinction, the global authority on threatened wildlife says.
Stunning photos from Artemis II show Earth, moon, eclipse from space
The astronauts aboard Artemis II are the first humans to see some parts of the far side of the moon with the naked eye.
Crime
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Investigators team up to solve mystery of missing Iowa teen
After Jade Colvin, a missing Iowa teenager, is tracked to a remote farm, photos discovered on an old cellphone reveal important clues.
Over 1,000 bone fragments found in Mexico City ahead of World Cup
Mexico City and Guadalajara are preparing to host World Cup games in June, with protesters denouncing the government's failure to properly investigate the disappearances.
Former chef facing 14 murder charges to plead guilty to aiding suicide
Abetting suicide carries a maximum sentence of 14 years, according to the Canadian Criminal Code.
U.K. man pleads guilty to hacking scheme that stole $8 million
Tyler Robert Buchanan, 24, of Scotland, pleaded guilty in California federal court.
What we know about d4vd's arrest
David Burke, a singer who performs under the name d4vd, is behind bars on suspicion of murder. He was arrested after the body of a 14-year-old girl was found in the trunk of his Tesla in September 2025. Matt Gutman reports.
Space
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Artemis II crew on historic moon mission and what it means for Earth
"We are carrying back everything we learned, not only about where we went but ourselves," mission specialist Christina Koch told "CBS Evening News" anchor Tony Dokoupil.
Artemis II astronauts still awed by moonshot experience: "It was otherworldly"
The four Artemis II astronauts struggled to describe the view and overall experience of flying around the moon's far side and witnessing a solar eclipse in deep space.
"God of chaos" asteroid will pass close to Earth in 3 years, NASA says
People on the ground in the Eastern Hemisphere will be able to observe the asteroid with their own eyes, weather permitting, according to NASA.
Artemis II astronauts welcomed home to Houston after historic moonshot
The Artemis II astronauts flew back to the Johnson Space Center in Houston Saturday to cheers and applause from family members and hundreds of NASA workers.
9 highlights from Artemis II's epic journey around the moon
The Artemis II crew's nine-day moon mission set a record for the farthest any human has ever traveled from Earth. Here's a look at the key moments.
Latest Galleries
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Notable Deaths in 2026
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Evidence in the Barbara Kendhammer case
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
The life & near death of prizefighter Christy Salters-Martin
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Timeline: The disappearance of George Smith
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Who is Alix Tichelman?
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Latest CBS News Videos
More Latest CBS News Videos
Latest CBS News Videos
Skydiver crashes into stadium scoreboard
A skydiver was safely rescued after accidentally crashing into a scoreboard during a Virginia Tech spring football game.
Young surfing phenom pivots to jiu-jitsu
14-year-old surfing phenom tells Carter Evans about his pivot to jiu-jitsu and the lessons he's learned about choosing your path.
Can Allbirds take flight as an AI company?
The struggling shoe brand Allbirds announced it is exiting the footwear business and re-inventing itself as an artificial intelligence company. Max Darrow has more from San Francisco.
Pope Leo pushes back on claims of Trump feud
Pope Leo pushed back on claims that he is feuding with President Trump. Chris Livesay has more details.
Tornadoes whip across several states
Millions are under the threat of severe weather on Saturday, with a tornado risk from Tennessee to New York. Multiple funnel clouds whipped across several states on Friday, causing lots of damage. Jonah Kaplan reports and Andrew Kozak has the forecast.