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Two bodies found in Rio Grande, including one near floating border barrier; Last-minute Labor day weekend getaways that wont break the bank.
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Two bodies found in Rio Grande, including one near floating border barrier; Last-minute Labor day weekend getaways that wont break the bank.
In California, film and television production accounts for more than 700,000 jobs and nearly $70 billion a year in wages.
The latest jobs report is showing a strong labor market in the face of inflation-fighting interest rate hikes, with 187,000 jobs added in July. And the unemployment rate is approaching a 50-year low at 3.5%. Daniel Zhao, lead economist at Glassdoor, joined CBS News to discuss the new numbers.
The average price of a gallon of gas across the U.S. is $3.83 according to AAA, a 9-month high. Wall Street Journal reporter Hardika Singh joined CBS News to discuss the reason for the price spike at the pump.
U.S. businesses added 187,000 jobs in July, keeping pace with June's hiring as employers sought to add staff amid a tight labor market. Job growth has become more muted than earlier this year, Axios managing editor for business and markets Javier David joins CBS News to discuss why.
Lollapalooza kicks off in Chicago Thursday with the 4-day music festival featuring acts like Kendrick Lamar and Billie Eilish. About 400,000 people are expected to attend this year. Time Out Chicago editor Jeffy Mai joined CBS News to discuss the festival.
One of three major credit firms has downgraded the U.S.' credit rating from AAA to AA+. "The repeated debt-limit political standoffs and last-minute resolutions have eroded confidence in fiscal management," Fitch Ratings said in a statement explaining the decision. Javier David, Axios managing editor for business and markets, joined CBS News to discuss the significance of the downgrade and what it could mean for Americans' finances.
Fitch Ratings, one of three major credit firms, downgraded the U.S. credit rating from AAA to AA+ on Tuesday. The Dow Jones, Nasdaq and S&P 500 all closed in the red one day after the news. Bharat Ramamurti, National Economic Council deputy director, joined CBS News to discuss how the Biden administration is reacting to the downgrade.
How Trump is framing Georgia election legal troubles; Poll: 34% approve of Biden's handling of economy
President Biden has toured the U.S. touting his administration's economic policies, but do Americans approve of how he has handled the economy? CBS News' executive director of elections and surveys Anthony Salvanto joined "America Decides" to examine the results of new CBS polling on the topic.
Florida Gov. Ron DeSantis unveiled his new economic plan at a campaign stop in New Hampshire on Monday as he looks to rejuvenate his campaign. DeSantis claims the plan, dubbed the "Declaration of Economic Independence," would bring 3% annual growth. CBS News political reporter Aaron Navarro has the latest from the campaign trail.
Inflation has cooled in recent months and the unemployment rate remains low. Still, a CBS News poll has found that most Americans are pessimistic about the economy. Mark Strassmann takes a look. Read more here.
New CBS News polling shows most Americans, about 60%, still think the economy is struggling. Despite many indicators suggesting the economy is rebounding, including a rising GDP and the central bank no longer predicting a recession, only 15% of Americans see the economy as improving. CBS News executive director of elections and surveys Anthony Salvanto has more. Read more here.
A new CBS News poll finds 65% refer to the U.S. economy as "bad" even though major economic indicators have been improving. President Biden's aides are promoting the term "Bidenomics" to try to reverse Americans' perceptions. Nancy Cordes reports from Delaware.
This week on "Face the Nation with Margaret Brennan," new charges of a cover-up were filed against former President Donald Trump in the classified documents case. Plus, some optimistic signs when it comes to the economy.
High prices and interest rates are still weighing on personal budgets.
Neel Kashkari, the president of the Federal Reserve Bank of Minneapolis, discussed the bright spots on the economic front from last week.
There were some positive signs last week that the economy might be holding firm. Mark Strassmann has the details.
Missed the second half of the show? The latest on…former Arkansas Gov. Asa Hutchinson, who is seeking the Republican nomination for president, discussed a proposed mental acuity test for politicians over 75, Neel Kashkari, the president of the Federal Reserve Bank of Minneapolis, discussed the bright spots on the economic front from last week, and San Antonio Mayor Ron Nirenberg discussed the ongoing heat wave has put much of the Southeastern U.S. under dangerous heat alerts.
President Biden is visiting Maine Friday for the first time as president to highlight his economic agenda in a speech at a textile factory. The speech comes one day after new data showed the economy grew 2.4% in the second quarter. CBS News chief White House correspondent Nancy Cordes has more.
CBS News Business Analyst Jill Schlesinger joins "CBS Mornings" to discuss how to do a mid-year money check-up. She shares which accounts, policies, and subscriptions to review if your goal is saving money for the rest of the year.
Florida Gov. Ron DeSantis campaigned in Iowa on Thursday as part of a bus tour set up by a super PAC supporting him. CBS News senior White House and political correspondent Ed O'Keefe spoke with the governor about former President Donald Trump's indictments, economic growth, climate change and more.
Lina Khan is the youngest chair of the Federal Trade Commission ever. CBS News' John Dickerson spoke with Khan about the FTC's role in protecting consumers, fighting monopolies and the strong reaction her efforts have sparked from judges, Republicans and businesses.
The nation's GDP grew at an annual rate of 2.4% from April to June 2023 -- a faster rate than many economists predicted. Lori Bettinger, president of Bancalliance, joined CBS News to discuss what the new figure means for the state of the economy.
Data from FactSet shows existing homes and new homes are now selling for the same median price. Ten years ago, new home prices were on average $60,000 more expensive than existing homes. A big reason for that could be a lack of housing stock due to potential sellers hanging onto their homes thanks to lower interest rates on their mortgages. Sami Sparber, real estate reporter for Axios, joined CBS News to talk about the trend.
Conservative activist Charlie Kirk was shot and killed on Wednesday while speaking an event at Utah Valley University.
Mr. Trump said that NATO's commitment to winning the war in Ukraine "has been far less than 100%."
No information was provided on how many people are being held in each country, who they are or why they were imprisoned.
"No Other Land" director Basel Adra said Israeli soldiers raided conducted a raid at his West Bank home on Saturday, searching for him and going through his wife's phone.
Venezuela's foreign ministry said nine fishermen were "illegally and hostilely" detained on Friday by the USS Jason Dunham.
Romania's defense ministry said Saturday that the country's airspace had been breached by a drone during a Russian attack on infrastructure in neighboring Ukraine.
The United States, Israel's closest ally, reiterated its opposition to the New York Declaration and the General Assembly resolution endorsing implementation of a two-state solution.
Fourteen animal shelter workers were evacuated and went to the hospital. The shelter's 75 dogs and cats were relocated or put into foster homes.
The Justice Department filed a $125 million lawsuit against Uber, alleging the company discriminates against disabled passengers.