The most important economic questions of 2023
Will inflation finally relent? Is your job safe as recession looms? Here's what to expect from the U.S. economy this year.
Unemployment
Some employers offer largest raises in years
Employers are, on average, offering their highest raises in decades as they look to hold on to employees who might otherwise switch companies or jobs for a salary boost. Wall Street Journal reporter Gabriel Rubin joins "CBS News Mornings" to break down how salaries compare for workers who are staying put versus those who are jumping ship.
Stocks slide after strong economic reports
New reports from the Commerce and Labor departments showed a stronger-than-expected economy. Lori Bettinger, president of BancAlliance, joined CBS News to discuss the reaction on Wall Street.
Fewer middle-aged men in the job market
Employment rates have rebounded since the pandemic recession, Labor Department data shows, but one group is lagging behind: men aged 35 to 44. New York Times reporter Jeanna Smialek discusses the reasons why.
Surprising jobs report shows strong hiring
The Labor Department's November jobs report showed the U.S. gained 263,000 jobs last month. But fears about inflation and a possible recession remain. Meg Oliver reports.
Uber seeks to avoid tech layoffs
Uber CEO Dara Khosrowshahi says the company won't be cutting jobs despite mounting tech industry layoffs. Bloomberg Tech reporter Jackie Davalos joins "CBS News Mornings" to discuss the latest.
Strong job numbers could signal more rate hikes
With the Labor Department on Friday reporting stronger November job numbers than expected, the Federal Reserve could react with yet another interest rate hike in an effort to curb inflation. Skyler Henry has the details.
November jobs report shows resilient market
The November jobs report released by the Labor Department Friday showed that 263,000 new jobs were added last month, and the unemployment rate remains at 3.7%. The strong labor market comes amid a flurry of recent interest rate hikes. CBS News business analyst Jill Schlesinger discussed the impact of the latest numbers, and provided some tips on avoiding financial missteps heading into 2023.
Hiring stayed strong in November, with 263,000 jobs added
The job market remains surprisingly resilient despite the Federal Reserve's attempts to weaken it.
U.S. adds 263,000 new jobs in November
CBS News contributor Javier E. David joined Vladimir Duthiers and Anne-Marie Green with a look at the November jobs report and what it shows about the U.S. labor market as rising interest rates start to bite.
How the Fed may react to monthly jobs report
The Federal Reserve is expected to keep an eye on the November jobs report as it considers its next interest rate hike. Kristin Myers, editor-in-chief of The Balance, joins CBS News' Errol Barnett and Elaine Quijano to discuss on what to expect.
CNN to lay off staffers this week amid changes at the network
Network CEO Chris Licht sent an email to staffers saying this week's cuts "will be a difficult time for everyone."
Economist warns of recession next year
As the Federal Reserve continues efforts to bring Inflation down, S & P Global Ratings is warning of a mild recession in 2023. Beth Ann Bovino, chief economist for S & P Global Ratings, joined John Dickerson on "Prime Time" to discuss.
What to do after getting laid off
There have been a growing number of mass layoffs this year, including at major tech companies like Twitter, Amazon and Netflix. Drew McCaskill, a career expert at LinkedIn, joins CBS News with some advice on what to do if you are laid off.
Jobless claims hit highest level since August
The number of first-time unemployment claims filed last week rose to the highest level since August, with 240,000 new applicants, according to numbers from the U.S. Labor Department. Javier David, managing editor of business and markets for Axios, discusses what the uptick could be saying about the state of the economy.
Unemployment claims rise to 240,000, highest since August
Number of Americans applying for unemployment benefits rose to a 3-month high amid rise in layoffs.
U.S. stocks fall after September jobs report
The stock market tumbled Friday after a stronger-than-expected September jobs report, creating fears among investors that it could lead to yet another rate hike by the Federal Reserve. Colby Smith, U.S. economics editor for the Financial Times, joined Catherine Herridge to discuss what the report could mean to the U.S. economy.
What does jobs report say about economy?
As the unemployment rate rose slightly to 3.7% last month, hiring across the nation continued to remained robust. Jacob Sonenshine, a markets reporter at Barron's, joined Weijia Jiang on CBS News to discuss what the recent jobs report means for the Federal Reserve's monetary tightening.
Stocks rally after release of jobs report
Employers added 261,000 jobs in October while the unemployment rate ticked up to 3.7%, the Labor Department reported Friday. Gregory Daco, chief economist at EY-Parthenon, joined CBS News to discuss the labor market in a "resilient" economy.
Jobless claims drop as Fed hikes interest rates
The Labor Department reported a drop in jobless claims for the week ending Oct. 29. This comes as the Federal Reserve hiked interest rates this week in an effort to tame rising inflation. Nick Bunker, economic research director for the Indeed Hiring Lab, joined CBS News to help bring clarity to the state of the economy and project what could be next.
GDP grows in 3rd quarter, jobless claims drop
The U.S. economy grew in the third quarter of 2022 by a 2.6% annual rate. Meanwhile, the Labor Department reports the number of new unemployment claims last week dropped from the week before. "CBS News Mornings" spoke with New York Times Federal Reserve and economy reporter Jeanna Smialek about the nation's economic outlook.
U.S. economy grows for first time this year
The Commerce Department is reporting that the GDP grew at an annualized rate last quarter for the first time this year. Lori Bettinger, the president of BancAlliance and former director of the Treasury Department's Troubled Asset Relief Program, joins CBS News to discuss the significance of this report and other economic developments.
Taming inflation could drive unemployment to 6%, bank says
Some economists think the nation's jobless rate could surge far beyond what the Federal Reserve expects.
Will the U.S. see a recession next year?
Economists are shifting gears and now saying the U.S. will enter a recession within the next year. CBS News anchors Lana Zak and Lilia Luciano spoke with Wall Street Journal reporter Harriet Torry about the potential impact.
Consumer prices climb 8.2%
Consumer prices rose again in September despite the Federal Reserve's attempts to drive down inflation. CBS News' Errol Barnett and Lana Zak speak with Diane Swonk, chief economist at KPMG U.S., about how the latest data could impact the Fed's next rate hike decision.
Live
Iran says Strait of Hormuz "completely open" amid Israel-Lebanon ceasefire
Iran says in light of the Israel-Lebanon ceasefire, "passage for all commercial vessels through Strait of Hormuz is declared completely open."
U.S. intelligence detects signs China is weighing giving Iran advance radar systems
The technology would enhance Iran's ability to detect and track incoming threats, like low-flying drones and cruise missiles.
Maps show more severe storms forecast for central U.S. after tornadoes, flooding
More than 51 million are under the threat of severe weather Friday evening from Texas to Wisconsin, as some are still cleaning up from tornadoes earlier in the week.
Trump to nominate Cameron Hamilton to run FEMA after he was ousted last year
Cameron Hamilton was acting leader of FEMA last year and was ousted after telling Congress that the agency should not be eliminated.
Rep. Luna accuses Sen. Gallego of misconduct, which he denies
GOP Rep. Anna Paulina Luna told CBS News that Democratic Sen. Ruben Gallego was the previously unnamed senator whom she accused of "very disturbing" conduct. Gallego has denied all wrongdoing.
Controversial surveillance program extended by House but only until April 30
The House OK'd a short-term renewal until April 30 of FISA, the controversial surveillance program used by U.S. spy agencies, after Republicans revolted, refusing President Trump's push for a longer extension.
Exclusive
ICE head Todd Lyons planning to leave agency this spring
Todd Lyons, the acting head of U.S. Immigration and Customs Enforcement, is planning to leave the federal government later this spring.
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.
Musician d4vd arrested on suspicion of murder in teen's death, LAPD says
Singer and songwriter d4vd has been arrested on suspicion of murder for the death of a 14-year-old whose dismembered body was found last year in a Tesla belonging to the singer.
U.S.
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Trump to nominate Cameron Hamilton to run FEMA after he was ousted last year
Cameron Hamilton was acting leader of FEMA last year and was ousted after telling Congress that the agency should not be eliminated.
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.
Maps show more severe storms forecast for Midwest after tornadoes, flooding
More than 51 million people are under the threat of severe weather Friday evening from Texas to Wisconsin, as some are still cleaning up from tornadoes earlier in the week.
Remains found in car ID'd as family who mysteriously vanished in 1958
The Ford station wagon thought to belong to the Martin family was found in 2024 by a diver who had been looking for it for several years.
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.
MoneyWatch
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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.
Airline adding triple-decker bunk beds in economy-class for long-haul flights
Air New Zealand will soon offer four-hour stints in triple-decker bunk beds for long-haul flights. The carrier says they'll be the first lie-flat beds for budget air travelers.
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.
This is the fastest-growing job for young workers, LinkedIn says
Hint: It involves AI, and a LinkedIn economist says employers are clamoring for people to fill these roles.
NPR gets $113 million in gifts, including $80 million from Connie Ballmer
NPR said the donation from Ballmer, the largest to the public radio network by a living donor, will help offset the loss of federal funding in 2025.
Politics
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Trump to nominate Cameron Hamilton to run FEMA after he was ousted last year
Cameron Hamilton was acting leader of FEMA last year and was ousted after telling Congress that the agency should not be eliminated.
Controversial surveillance program extended by House but only until April 30
The House OK'd a short-term renewal of a controversial surveillance program used by U.S. spy agencies, after Republicans revolted and refused President Trump's push for a longer extension.
Rep. Luna accuses Sen. Gallego of misconduct, which he denies
GOP Rep. Anna Paulina Luna told CBS News that Democratic Sen. Ruben Gallego was the previously unnamed senator whom she accused of "very disturbing" conduct. Gallego has denied all wrongdoing.
Exclusive
ICE head Todd Lyons planning to leave agency this spring
Todd Lyons, the acting head of U.S. Immigration and Customs Enforcement, is planning to leave the federal government later this spring.
U.S. intelligence detects signs China is weighing giving Iran advance radar systems
The technology would enhance Iran's ability to detect and track incoming threats, like low-flying drones and cruise missiles.
HealthWatch
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HealthWatch
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.
Exclusive
Trump to sign executive order on psychedelic drug used abroad to treat PTSD
Ibogaine is used in Mexico and the Caribbean to treat depression, anxiety, addiction and brain trauma.
As U.S. birth rate falls, Trump officials downplay contraception in Title X program
According to new CDC data, there were 3.6 million U.S. births in 2025, a 1% decline from 2024 and down 23% since 2007. The Trump administration has said it wants to reverse this trend.
World
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Ancient cave, hippo bones found under castle: "Once-in-a-lifetime discovery"
A prehistoric hidden cave and hippo bones found beneath Pembroke Castle could transform understanding of ancient life in Britain, researchers said
Live
Iran says Strait of Hormuz "completely open" amid Israel-Lebanon ceasefire
President Trump has welcomed Iran's announcement that, at least while the Israel-Lebanon ceasefire holds, the Strait of Hormuz is "completely open" to all ships.
U.S. intelligence detects signs China is weighing giving Iran advance radar systems
The technology would enhance Iran's ability to detect and track incoming threats, like low-flying drones and cruise missiles.
Cuban leader says country will "be ready" for possible U.S. attack
Cuban President Miguel Díaz-Canel says that while Cuba does not want military aggression from the United States, his country is prepared to fight back.
Latest effort to rein in Trump on Iran falls short in House vote
Few Republicans have been willing to distance themselves from the president as the war's end remains uncertain.
Entertainment
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Entertainment
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.
Surprise twist in "Survivor 50" elimination
(Warning: Spoilers ahead!) "CBS Mornings" reveals a surprising twist in Wednesday's "Survivor 50" episode that led to a historic trial council ceremony.
More on Live Nation, Ticketmaster ruling
A jury ruled that Live Nation and Ticketmaster operated as an illegal monopoly. Variety's Jem Aswad joins CBS News with more.
Simon Helberg on "The Audacity"
Simon Helberg, known for his role as Howard in "The Big Bang Theory," talks about the new show "The Audacity." Helberg plays a developer who is creating an AI companion. He explains what drew him to the role and discusses the show's messages about humanity and technology.
What happened to influencer Clavicular?
Controversial influencer Clavicular said he is home from the hospital after his livestream abruptly ended on Tuesday night. CBS News' Matt Gutman reports and The Free Press' River Page has more.
Technology
More Technology
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.
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.
Key takeaways on Anthropic's new AI model
More concerns are emerging about Anthropic's new Mythos AI model. Matt Shumer, a former AI company founder and CEO, joins CBS News with more details.
How hackers are using AI to breach networks
U.S. officials are warning of Iranian cyberattacks on businesses and consumers. It comes as a new FBI report shows losses from cybercrime reached nearly $21 billion last year. Ash-har Quraishi shows how hackers are using artificial intelligence, and how you can protect yourself.
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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Crime
Rep. Luna accuses Sen. Gallego of misconduct
Florida Republican Rep. Anna Paulina Luna joined CBS News on Thursday with allegations of misconduct linked to Arizona Democratic Sen. Ruben Gallego. Politico's Nicholas Wu joins CBS News with more as Gallego denies the accusations.
Police: Politician killed wife, himself
Police in Virginia say the former Lt. Gov. Justin Fairfax died after he shot and killed his wife and then turned the gun on himself. Nicole Sganga reports.
Divorce battle preceded Fairfax murder-suicide
Just after midnight on Thursday, police say former Virginia Lt. Gov. Justin Fairfax killed his wife and then himself in their home. Both of their teenage children were home at the time of the incident. CBS News homeland security correspondent Nicole Sganga reports.
Sharp increase in ICE detention deaths
New JAMA network research data shows a sharp increase in the number of people who died while in ICE detention last year. CBS News' Camilo Montoya-Galvez reports.
ICE agent accused of assault for pulling gun on 2 people on highway, charges say
Gregory Morgan Jr. of Temple Hills, Maryland, was charged Thursday morning with two counts of second-degree assault in the Feb. 5 incident.
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
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Latest CBS News Videos
Phone photos help solve missing teen case
After a missing teenager is tracked to a remote Iowa farm, photos discovered on an old cellphone reveal important clues. "48 Hours" correspondent Natalie Morales investigates how law enforcement put the pieces together to figure out what happened to Jade Colvin.
Justin Fairfax and his wife found dead
Police say former Virginia Lt. Gov. Justin Fairfax shot and killed his wife, Dr. Cerina Fairfax, inside their Virginia home and then turned the gun on himself on Thursday. Police say Cerina Fairfax recently served her husband with divorce papers. Nicole Sganga reports.
What we know on traffic at Strait of Hormuz
Traffic at the Strait of Hormuz continues to be hindered by Iran and the U.S. blockade of Iranian ports. Ami Daniel, the co-founder and CEO of Windward, joins CBS News with more details.
Rep. Luna accuses Sen. Gallego of misconduct
Republican Rep. Anna Paulina Luna of Florida told CBS News she's urging Senate Majority Leader John Thune to look into what she called "disturbing" allegations involving Democratic Sen. Ruben Gallego of Arizona, including sexual misconduct. Gallego has denied the allegations and a spokesperson for him said in part, "these are right wing conspiracy theories being parroted by a fringe far right member of Congress."
Rep. Luna accuses Sen. Gallego of misconduct
Florida Republican Rep. Anna Paulina Luna joined CBS News on Thursday with allegations of misconduct linked to Arizona Democratic Sen. Ruben Gallego. Politico's Nicholas Wu joins CBS News with more as Gallego denies the accusations.