
Employers added 22,000 jobs in August, falling short of forecasts
The latest employment data could inform the Federal Reserve's next rate decision meeting, set for Sept. 17.
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The latest employment data could inform the Federal Reserve's next rate decision meeting, set for Sept. 17.
Despite solid output and productivity growth for manufacturing, the sector has lost about 78,000 jobs this year. Can President Trump deliver on his promise for a manufacturing renaissance? "CBS Evening News" co-anchor John Dickerson explains.
The economy added just 22,000 jobs in August, which was well below expectations. The Dow reacted by falling 220 points. Economist Michael Strain of the American Enterprise Institute gives his take.
Employers across the U.S. added 22,000 jobs in August, falling short of economists' muted expectations and signaling the labor market is facing sharp headwinds from mounting economic uncertainty amid the Trump administration's wide-ranging tariffs. Jo Ling Kent has the biggest takeaways.
A U.S. Army veteran, unable to find a job, opens up about the challenges of supporting herself and her children after leaving the service.
The U.S. economy added 22,000 jobs in August -- well below expectations. Kelly O'Grady has more.
The August jobs report fell short of economists' muted expectations. The Labor Department said U.S. employers added 22,000 new jobs last month. Economists had expected a number closer to 80,000. The unemployment rate also ticked up slightly to 4.3% in August. CBS News MoneyWatch correspondent Kelly O'Grady reports.
The U.S. economy added 22,000 non-farm jobs in August, below the 75,000 forecast by leading economists. Unemployment ticked up to 4.3%. CBS News' Jo Ling Kent reports and Justin Wolfers, an economics professor at the University of Michigan, joins "The Takeout" to discuss.
Recent CBS News polling shows most Americans are feeling uncertain about the economy. Also, poll data shows most Americans disapprove of Robert F. Kennedy Jr.'s role atop the Department of Health and Human Services. CBS News' Natalie Brand and Anthony Salvanto report.
Most Americans say prices are going up and expect them to keep going up.
A new CBS News poll finds Americans' views of the economy remain negative. CBS News executive director of elections and surveys Anthony Salvanto breaks down the numbers.
Some major U.S. retailers are warning that the costs of staple pantry items are expected to rise as a result of President Trump's new trade policies. Patrick Thomas, a reporter for the Wall Street Journal, joins with more details.
President Trump's signature tariff policies are in legal jeopardy after a federal appeals court on Friday declared most of them illegal. CBS News business contributor Javier David examines how much of a blow the ruling signifies to the president's agenda.
The number of immigrant workers has declined from January through the end of July, preliminary Census data shows.
The Trump administration has ended the de minimis exemption, implementing tariffs on most items shipped to the U.S. that have a value under $800. The change is already sparking confusion for international delivery services and businesses, with some shipments paused. Carter Evans has more.
An exemption that allowed low-value parcels shipped to the United States to avoid tariffs has ended, the Trump administration said. Imtiaz Tyab has more on the fallout.
A tax exemption that allowed low-value packages to enter the U.S. duty-free has ended. In June, President Trump signed an executive order eliminating the so-called "de minimis" exemption. Elena Spatoulas Patel, co-director at the Urban-Brookings Tax Policy Center, joins "The Daily Report" to discuss.
The Dow Jones fell on Friday after new data showed inflation remained mostly steady in July, but with some prices edging up. CBS News senior business and technology correspondent Jo Ling Kent has the details.
Recent gross domestic product data indicates a slight bounce in revised numbers concerning the U.S. economy. CBS News' Kelly O'Grady reports.
A 2025 analysis from Edmunds reveals that nearly 20% of new car buyers are committing to monthly payments of $1,000 or more.
The wealthiest 400 people in the U.S. pay a tax rate of 24%, lower than the average rate for all other taxpayers, economists find.
President Trump has taken his fight with the Federal Reserve to another level, demanding the removal of one of the Central Bank's governors. Overnight, Trump posted an apparent termination letter online, saying that he removed Lisa Cook over allegations that she committed mortgage fraud. But there are questions about Mr. Trump's authority to remove Cook. CBS News' Aaron Navarro and Jo Ling Kent break the situation down.
An epic legal fight is brewing between President Trump and the Federal Reserve after he moved to fire board governor Lisa Cook. CBS News White House reporter Aaron Navarro has the latest. Then, Abha Bhattarai, economics correspondent for The Washington Post, and Tom Dupree, former deputy assistant attorney general, join with analysis.
Artificial intelligence is growing at a rapid pace, leaving some young workers wondering what the technology means for their future. According to a report from Wired, economists at Stanford University say they've found the strongest evidence yet that AI is starting to eliminate certain jobs for young people. Will Knight, senior writer at Wired and author of the A.I. Lab newsletter, joins CBS News to discuss.
The Federal Reserve on Tuesday issued a new statement regarding President Trump's move to fire Fed Governor Lisa Cook. CBS News MoneyWatch correspondent Kelly O'Grady has the latest.
President Trump said "great progress" was made in his call with the Russian president Thursday.
The Senate failed again to advance a bill to end the shutdown, and GOP leaders plan to bring up individual funding bills later in the day. Follow live updates here.
The Senate is voting Thursday on advancing an individual year-long appropriations bill to fund the Pentagon as GOP leaders pursue an alternative approach to the shutdown.
In August, the FBI searched John Bolton's home as part of an investigation into his handling of classified documents.
The U.S. government is probing the social media of those applying for legal immigration benefits to root out "anti-American" activity, a top immigration official told CBS News.
The FDA has identified 16 brands of ground cinnamon with elevated levels of lead that it says should be thrown out. Here's what to know.
A posthumous memoir by Jeffrey Epstein accuser Virginia Roberts Giuffre offers an expanded account of her longstanding claims to have been sexually trafficked by the late financier to billionaires, politicians and Prince Andrew.
"I think we need to move," the Senate majority leader said, shortly after President Trump shared that he was on a call with Russian President Vladimir Putin.
From cinnamon to protein powders, reports about high levels of lead in our food are raising questions about how to reduce exposure.