Unemployment claims rise to highest level in 8 months, signaling slowdown
While filings remain at historic lows, the uptick in unemployment claims from last week could point to a slowing labor market ahead of jobs report.
Unemployment
"Buy now, pay later" for groceries?
While "buy now, pay later" loans have been used for big-ticket items for years, new data shows that a growing number of American consumers use the method for everyday items. CBS News MoneyWatch correspondent Kelly O'Grady has more.
About 1 in 4 Americans are "functionally unemployed," researcher says
Many workers aren't working as much as they'd like. Here's what one expert says the federal unemployment rate fails to capture.
May 2: CBS News 24/7, 10am ET
U.S. economy adds 177,000 jobs in April; Prince Harry loses appeal in U.K. security case.
Employers added 177,000 jobs in April, topping analyst forecasts
Employers across the U.S. added 177,000 jobs in April, a sign the labor market remains healthy despite concerns rising U.S. tariffs.
February's job growth falls below predictions
U.S. job growth was weaker than expected in February, although still strong, according to the Labor Department's first jobs report of the second Trump administration. 151,000 jobs were added last month, falling below economists' predictions of 160,000. The unemployment rate ticked up to 4.1%. CBS News MoneyWatch correspondent Kelly O'Grady breaks it down.
Layoffs spiked in February, led by DOGE cuts
Layoffs spiked in February, led by the Department of Government Efficiency cuts. Employers cut about 172,000 jobs last month, according to the firm Challenger, Gray and Christmas. That's the highest number of layoffs per month since the height of the pandemic in July 2020. CBS News MoneyWatch correspondent Kelly O'Grady breaks it down.
Americans say incomes not keeping up with inflation — CBS News poll
Americans express concern about their ability to pay bills and save money.
U.S. hiring slows in January
U.S. job growth in January was weaker than expected according to the latest Bureau of Labor Statistics data. CBS News MoneyWatch correspondent Kelly O'Grady explains what this means.
New jobs report comes in cooler than expected
New data from the Bureau of Labor Statistics shows the U.S. added 143,000 jobs last month, fewer than economists predicted. The report also showed that the unemployment rate fell slightly to 4%. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Stock market plunges after December jobs report
The Labor Department reported Friday that 265,000 jobs were added to the U.S. economy in December, which was roughly 100,000 more than expected. The unemployment rate also fell to 4.1%. CBS News contributor Javier David explains why investors see the better-than-expected jobs report as a bad thing.
What is the state of the job market?
The number of Americans applying for unemployment benefits fell slightly last week. Meanwhile, the average 30-year mortgage rate hit 6.85%, the highest since July. CBS News contributor Javier David breaks it down.
Appeals court upholds potential TikTok ban
A federal appeals court upheld a law Friday that would ban TikTok in the U.S. if the app's Chinese parent company, ByteDance, does not sell it. TikTok and ByteDance could still appeal the case to the Supreme Court. CBS News MoneyWatch correspondent Kelly O'Grady joins to unpack the challenges of reaching a deal, with the law set to take effect on Jan. 19.
What October's jobs report means for economy
The final jobs report before Election Day shows the number of jobs added to the U.S. economy plummeted in October, with only 12,000 new hires. Despite adding roughly 100,000 fewer jobs than expected, the U.S. unemployment rate held steady at just above 4%. CBS News MoneyWatch correspondent Kelly O'Grady joins to unpack the numbers.
October jobs hampered by hurricanes, strike
The Labor Department has released October's jobs report with employment growth slowed during the month due to Hurricanes Milton and Helene along with the Boeing strike. CBS News MoneyWatch correspondent Kelly O'Grady breaks down the numbers.
New data before next Fed decision
The Federal Reserve will soon announce its next interest rate move as new data trickles in about the U.S. economy. CBS News MoneyWatch correspondent Kelly O'Grady reports.
Jobs report shows U.S. economy's strength
The September jobs report showed U.S. employers added 254,000 jobs and yearly wage increases outpaced the inflation rate. CBS News senior business and technology correspondent Jo Ling Kent reports on how the report reflects on the U.S. economy. White House economist Jared Bernstein joins CBS News 24/7 to discuss the new numbers.
How to stand out when hunting for jobs
A LinkedIn survey earlier this year revealed 85% of American workers want to pursue new roles. But that may prove difficult after August's jobs report showed the hot labor market is cooling down. Catherine Fisher, career expert at LinkedIn, joins CBS News with tips on how to stand out if you're looking to make a change.
Jobs report falls short of expectations
The U.S. added 142,000 jobs in August, the Labor Department reported Friday, which was below forecasts, although the unemployment rate ticked down to 4.2%. Economists still overwhelmingly anticipate an interest rate cut from the Federal Reserve in mid-September. Jo Ling Kent has details.
U.S. employers add 142,000 jobs in August
The U.S. added 142,000 jobs in August, slightly below economists' expectations while unemployment decreased from 4.3% to 4.2%. CBS News business analyst Jill Schlesinger has more on what that means for the Federal Reserve's upcoming decision on interest rates.
Tyson plant that employed 25% of Iowa town shutters
Perry, Iowa, grapples with the closure of a Tyson pork processing plant as many laid-off workers scramble for new employment.
Iowa pork plant closure leaves 25% of town jobless
What happens when the factory in a factory town shuts down? Dave Malkoff goes to Perry, Iowa, to speak to workers grappling with the closure of the local Tyson plant.
Dow, S&P 500 see worst daily loss since 2022
Fears of a U.S. economic slowdown sent markets falling at the start of the trading week on Monday, with markets in Asia and Europe falling as well. CBS News senior business and tech correspondent Jo Ling Kent has more from New York.
What's driving the global market sell-off?
Stocks plunged Monday amid fears that the U.S. is entering the early stages of a recession, with the Dow Jones falling 2.6 percentage points. CBS News senior business and tech correspondent Jo Ling Kent examines what's driving the global economic uncertainty.
U.S. hiring slows as unemployment rate ticks up
The U.S. added just 114,000 jobs in July, below expectations, the Labor Department reported Friday, while the unemployment rate rose to 4.3%. Jo Ling Kent examines what is behind the slowdown.
California sues Trump administration for deploying National Guard to L.A.
Gov. Gavin Newsom posted on social media that "Commandeering a state's National Guard without consulting the Governor of that state is illegal and immoral."
Homan says Trump administration has "no intention to arrest" Newsom — after Trump says "I'd do it"
President Trump's "border czar" says California Gov. Gavin Newsom and other local officials "haven't crossed a line yet."
Sly Stone, frontman of Sly and the Family Stone, dies at 82
Sly Stone, the musician known for his own brand of funk with Sly and the Family Stone, has died at 82.
The major decisions coming from the Supreme Court in the coming weeks
The Supreme Court will release a flurry of decisions as it wraps up its term, with rulings on gender-affirming care, birthright citizenship and Planned Parenthood to come.
Trump administration activates 700 Marines in Los Angeles area amid ICE protests
Some 700 Marines have been activated to join National Guard troops in Los Angeles.
Jan. 6 riot victims see hypocrisy in Trump's response to L.A. protests
Former Capitol Police officer Harry Dunn said, "Trump thinks anything done in his name is OK. Jan. 6 was done in his name, so our officers don't matter."
House Homeland Security Chairman Mark Green to resign from Congress
The Tennessee Republican said he would leave "as soon as the House votes once again on the reconciliation package."
California Gov. Gavin Newsom is floating a federal tax boycott
California Gov. Gavin Newsom suggested withholding the state's taxes amid reports the Trump administration may cut funding for the state's universities.
Visual timeline shows how the Los Angeles protests unfolded
Here is what happened on each day the protests against immigration detention operations in the Los Angeles area.
U.S.
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Trump admin. mobilizing 2,000 more National Guard troops for L.A. protests
Almost 5,000 National Guard troops and Marines have been assigned to Los Angeles — drawing stiff rebukes from state officials.
Jan. 6 riot victims see hypocrisy in Trump's response to L.A. protests
Former Capitol Police officer Harry Dunn said, "Trump thinks anything done in his name is OK. Jan. 6 was done in his name, so our officers don't matter."
Ex-jail worker accused of aiding New Orleans inmate as manhunt enters 4th week
Two days before New Orleans jail escape, Derrick Groves allegedly made a FaceTime video call to Darriana Burton, a former Orleans Parish Sheriff's Office employee, who's now facing a felony charge of conspiracy to commit simple escape.
Lasting impact of Operation Babylift 50 years after the Vietnam War
More than 2,500 children of U.S. servicemen born in Vietnam were flown to the United States in the chaotic final days of the Vietnam War.
Trump's tariffs create boom for one toy manufacturer
The Rodon Group produces billions of plastic parts every year — including parts for the popular toy brand K'nex — at its factory in Hatfield, Pennsylvania.
MoneyWatch
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Trump's tariffs create boom for one toy manufacturer
The Rodon Group produces billions of plastic parts every year — including parts for the popular toy brand K'nex — at its factory in Hatfield, Pennsylvania.
First-time homebuyers are an endangered species in the U.S.
Buying your first home is a key to building wealth in the U.S. Yet stepping onto the property ladder is a vanishing dream for many Americans.
Mom buys product she thought was U.S.-made, but warns of misleading labels
A woman says a product she purchased was labeled as "crafted in the USA," but it was actually made in China. Here's how to know if products are American-made.
Waymo suspends downtown Los Angeles service after 5 cars set on fire
Waymo suspended part of its service in downtown Los Angeles after multiple cars were set on fire during anti-ICE protests.
California Gov. Gavin Newsom is floating a federal tax boycott
California Gov. Gavin Newsom suggested withholding the state's taxes amid reports the Trump administration may cut funding for the state's universities.
Politics
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Trump admin. mobilizing 2,000 more National Guard troops for L.A. protests
Almost 5,000 National Guard troops and Marines have been assigned to Los Angeles — drawing stiff rebukes from state officials.
Jan. 6 riot victims see hypocrisy in Trump's response to L.A. protests
Former Capitol Police officer Harry Dunn said, "Trump thinks anything done in his name is OK. Jan. 6 was done in his name, so our officers don't matter."
Homan says Trump administration has "no intention to arrest" Newsom — after Trump says "I'd do it"
President Trump's "border czar" says California Gov. Gavin Newsom and other local officials "haven't crossed a line yet."
Lasting impact of Operation Babylift 50 years after the Vietnam War
More than 2,500 children of U.S. servicemen born in Vietnam were flown to the United States in the chaotic final days of the Vietnam War.
House Homeland Security Chairman Mark Green to resign from Congress
The Tennessee Republican said he would leave "as soon as the House votes once again on the reconciliation package."
HealthWatch
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RFK Jr. removes every member of CDC vaccine advisory committee
The Health and Human Services secretary said he is "retiring" all 17 members of the Advisory Committee for Immunization Practices, which helps set recommendations for vaccines.
Salmonella outbreak tied to eggs makes dozens sick across 7 states
The August Egg Company recalled about 1.7 million brown organic and brown cage-free egg varieties distributed to grocery stores between February and May.
A woman's heart suddenly stopped. Two passing nurses saved her life.
Passing nurses Sabrina Castle and Gianna Formisano saved the life of Merryl Hoffman when she experienced a sudden cardiac arrest.
BowFlex adjustable dumbbells recalled after dislodging injuries
Nearly 4 million BowFlex adjustable dumbbells are being recalled because the plates can dislodge and cause injury.
FDA food inspector vacancies near 20% after Trump hiring freeze
The Trump administration's cost-cutting efforts have encouraged departures and stalled hiring at the FDA.
World
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"Unknown material" prompts closure of beaches in Spain's Valencia region
Spanish authorities have closed a number of beaches in the Valencia region after a mysterious white material washed ashore.
Russia and Ukraine begin new prisoner swap, as fighting continues apace
Ukraine's president says a new prisoner exchange with Russia is ongoing and will take days, as both sides continue launching hundreds of attack drones.
Reporter covering L.A. protests hit by rubber bullet on live TV
Lauren Tomasi, a 9News correspondent, was reporting live when an officer behind her suddenly raised their firearm and fired a nonlethal round at close range.
54 migrants rescued from oil platform, where one woman gave birth
The group was trapped on the platform for three days, Open Arms said. One of the migrants gave birth to a boy, while another woman had given birth days before.
4 cartel suspects killed days after 5 officers murdered in ambush
An official who asked not to be identified said the dead were members of the powerful Jalisco New Generation Cartel.
Entertainment
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Sly Stone, frontman of Sly and the Family Stone, dies at 82
Sly Stone, the musician known for his own brand of funk with Sly and the Family Stone, has died at 82.
Justin Baldoni's lawsuit against Blake Lively, Ryan Reynolds dismissed
Justin Baldoni's $400 million lawsuit against his "It Ends With Us" co-star, Blake Lively, and her husband, Ryan Reynolds, was dismissed by a judge on Monday.
Vito Schnabel and Julia Fox on new movie
Art dealer and filmmaker Vito Schnabel stars alongside actress and fashion icon Julia Fox in "The Trainer," a new comedy about fitness, fame and unexpected romance. The film just premiered at the Tribeca Festival and they join "CBS Mornings"
RZA talks Wu-Tang Clan's final tour
RZA, co-founder of the legendary Wu-Tang Clan, sits down with "CBS Mornings Plus" to talk about the group's final tour and his powerful new film "One Spoon of Chocolate," which explores justice, survival, and the disappearance of young Black men in a small Ohio town.
2025 Tony Awards highlights
"Maybe Happy Ending" won six Tony Awards during Broadway's biggest night on Sunday, including Best Musical. "Wicked" star Cynthia Erivo hosted the star-studded event that featured a reunion of the original "Hamilton" cast celebrating 10 years since it opened on Broadway.
Technology
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Apple unveils iOS 26 with Liquid Glass user interface at its WWDC
New touch-responsive Liquid Glass interface design "dynamically reacts" when you touch it, according to Apple.
New college grad? Here's what experts say you should know about AI.
We asked three experts what fresh college graduates can do to prepare as artificial intelligence changes how Americans work. Here's what they said.
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.
Meta platforms showed "nudify" deepfake ads
A study found 6% of American teens have been targets of nude deepfake images that look like them. Some popular social media companies are hosting ads that show how to make these explicit fake images with the help of AI, a CBS News investigation shows. CBS News' Leigh Kiniry reports.
Meta platforms showed hundreds of "nudify" deepfake ads, CBS News finds
Meta platforms such as Instagram have marketed AI tools that let users create sexually explicit images of real people.
Science
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What to know about invasive ant with fatal sting reported in multiple states
A "sneaky" invasive species that has a potentially deadly sting can be found in more than a dozen states, according to experts.
Mars volcano that dwarfs Earth's tallest ones seen in new image
It marks the first time Arsia Mons has been imaged on the planet's horizon, NASA said.
Japanese probe's second straight attempt at moon landing a failure
A private lunar lander from Tokyo-based company ispace was aiming for a touchdown in the unexplored far north with a mini rover.
Looking at Iran's uranium enrichment
Iran's foreign minister says his country will not accept any nuclear deal with the U.S. that completely bans uranium enrichment. Anna Erickson, professor of nuclear and radiological engineering at Georgia Institute of Technology, joins "The Daily Report" to discuss.
Fungus in "agroterrorism" arrest already widely prevalent in U.S., researcher says
Two Chinese researchers were charged with trying to smuggle strains of a fungus called Fusarium graminearum into the U.S.
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Crime
Third person charged in fungus smuggling case
A third person has been arrested in connection with a smuggled fungus that government officials are calling a potential agroterrorism weapon. CBS News Detroit's Veronica Ortega reports.
Sean Combs' ex-girlfriend continues testimony
A recent ex-girlfriend of Sean "Diddy" Combs spoke about the aftermath of learning about Cassie Ventura's bombshell lawsuit against the music mogul during a third day of testimony in his sex trafficking and racketeering trial. The 55-year-old singer has pleaded not guilty to the charges. CBS News' Katrina Kaufman has more on her testimony.
Ex-jail worker accused of aiding New Orleans inmate as manhunt enters 4th week
Two days before New Orleans jail escape, Derrick Groves allegedly made a FaceTime video call to Darriana Burton, a former Orleans Parish Sheriff's Office employee, who's now facing a felony charge of conspiracy to commit simple escape.
Oklahoma's top prosecutor says state plans to retry Richard Glossip
Oklahoma Attorney General Gentner Drummond said his office will seek a sentence of life in prison for Richard Glossip.
Tennessee prison riot contained, sheriff says
A riot at Tennessee's largest prison, Trousdale Turner Correctional Center, has been contained, according to the local sheriff. The facility is reportedly still in lockdown pending an investigation. CBS News' Shanelle Kaul has the latest updates.
Space
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Space
Report: Pentagon, NASA push SpaceX competitors
Even as Elon Musk's SpaceX launched a radio satellite into orbit on Saturday, the Pentagon and NASA are pushing his competitors to speed up the development of their own spacecraft, according to the Washington Post. CBS News New York journalist Ali Bauman has more.
Mars volcano that dwarfs Earth's tallest ones seen in new image
It marks the first time Arsia Mons has been imaged on the planet's horizon, NASA said.
Implications of Trump-Musk feud on NASA
The emerging feud between President Trump and Elon Musk could have a ripple effect on America's space program. Jeff Foust, senior staff writer for Space News, joins "The Daily Report" to discuss the implications.
Japanese lander makes hard landing on moon
A Japanese lander crash-landed on the moon in its second straight failure to touch down on the lunar surface. CBS News space consultant Bill Harwood has more on the mission, and President Trump and Elon Musk feud's potential impact on the U.S. space program.
Latest on Japanese lunar lander
Officials are waiting for a status update from a private Japanese space company on its second attempt to land a private lunar lander on the moon. The lander was set to touch down Thursday afternoon, but communication with it has been completely lost. Leroy Chow, a retired NASA astronaut, joins "The Daily Report" to discuss.
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Notable Deaths in 2025
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Attack on Pearl Street Mall in Boulder
A suspect was taken into custody after an attack on Pearl Street Mall in Boulder on June 1 in which there were 15 people and a dog who were victims. The suspect threw Molotov cocktails that burned some of the victims, who were part of a march for Israeli hostages.
Summer music heats up 2025
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.
"No Kings": Protesters across country march against Trump, Musk
Protests against the Trump administration took place across the U.S. Saturday. The demonstrations were held to mark the 250th anniversary of the start of the Revolutionary War.
Jason Corbett murder: A look at the evidence
In August 2015, former FBI agent Tom Martens and his daughter Molly Corbett admitted killing her Irish-born husband Jason Corbett, insisting they beat him in self-defense
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LAPD chief on military forces at protests
Los Angeles Police Department Chief Jim McDonnell and Los Angeles Mayor Karen Bass held a joint news conference Monday on the deployment of military forces to the city as protests over immigration raids continued. "I see two parallel tracks that don't work together, if you will," McDonnell said.
700 Marines activated to deploy to Los Angeles
The U.S. Military is set to deploy about 700 Marines to the Los Angeles area in response to the protests over immigration enforcement raids. CBS News senior national security correspondent Charlie D'Agata reports.
Third person charged in fungus smuggling case
A third person has been arrested in connection with a smuggled fungus that government officials are calling a potential agroterrorism weapon. CBS News Detroit's Veronica Ortega reports.
Sean Combs' ex-girlfriend continues testimony
A recent ex-girlfriend of Sean "Diddy" Combs spoke about the aftermath of learning about Cassie Ventura's bombshell lawsuit against the music mogul during a third day of testimony in his sex trafficking and racketeering trial. The 55-year-old singer has pleaded not guilty to the charges. CBS News' Katrina Kaufman has more on her testimony.
Study probes risks of teen skin care routines
Elaborate skin care routines among teenagers on TikTok might look like a harmless trend at first glance, but could this habit be something more dangerous? CBS News medical contributor Dr. Céline Gounder joins to discuss.