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Thousands of people trapped in strategic port city amid Russia advance; How the war in Ukraine is fueling the rise in gas prices in the U.S.
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Thousands of people trapped in strategic port city amid Russia advance; How the war in Ukraine is fueling the rise in gas prices in the U.S.
Biden clarifies Putin comment that sparked controversy; Will Smith slaps Chris Rock over joke about Jada Pinkett Smith's hair
Dozens reported killed as Russia expands assault in western Ukraine; Guest worker visa applications soar amid labor shortage
Russian forces target Ukraine's capital; Winter storm slams Northeast
The latest data from the Labor Department shows 237,000 Americans filed for first-time unemployment benefits last week. That's down 12,000 from the previous week. Jordyn Holman, a business reporter with The New York Times, joined CBS News to talk about the new numbers.
According to the Labor Department, the U.S. saw a record number of women return to the workforce after the pandemic. Currently, nearly 80% of women between the ages of 25 and 54 are in the labor force. Aki Ito, senior correspondent for Insider, joins CBS News to discuss what's driving the record-breaking numbers and why the trend might not last forever.
The Labor Department reported Wednesday that the Consumer Price Index dropped to an annual growth rate of 3% in June, the lowest inflation has been since early 2021.
According to a survey by Bankrate, some Americans say they need to earn about $233,000 a year in order to feel financially secure and nearly $483,000 a year to achieve financial freedom. Sarah Foster, an analyst for Bankrate, joined CBS News to talk about the findings.
Inflation may be continuing to ease in the U.S., according to new data released Wednesday by the U.S. Bureau of Labor Statistics. Lori Bettinger, president of BancAlliance, joined CBS News to discuss the numbers and what they might mean for future interest rate hikes.
According to a new survey from NerdWallet, 54% of people who have so-called "money envy" say it negatively impacts their mental health. The survey also says more than half of Americans feel guilty about how they spend money in general. Kimberly Palmer, personal finance expert at NerdWallet, joined CBS News to talk about the survey.
U.S. Treasury Secretary Janet Yellen, who is in Beijing for meetings with top Chinese officials and American companies that do business in the country, said the U.S. welcomes healthy economic competition with China, but only if it's fair. CBS News' Elizabeth Palmer reports.
Yellen believes her visit to Beijing created "opportunity for a deeper set of more frequent contacts," she said on "Face the Nation" Sunday.
The U.S. added 209,000 jobs in June, according to the latest numbers from the Labor Department, a sign that the job market could be cooling, some economists said. However, the unemployment rate dropped slightly to 3.6% as President Biden took a different tone, saying the report indicates steady growth. Natalie Brand has more.
The U.S. economy added fewer jobs than predicted in June, sending stocks seesawing even as the unemployment rate remained steady. The report sparked fears that the Fed will raise interest rates again. Natalie Brand is at the White House with more.
CBS News foreign correspondent Ramy Inocencio has the latest world financial news, including expectations for Treasury Secretary Janet Yellen's meetings with Chinese officials and a spike in Americans visiting Europe.
The U.S. added 209,000 jobs in June, the Labor Department reported on Friday. The unemployment rate dropped slightly to 3.6% from 3.7% in the prior month. CBS News reporter Sarah Ewall-Wice has more.
Janet Yellen, in Beijing to meet Chinese officials and American businesses, stressed the U.S. desire to trade, but not at the expense of security.
Hiring reflects a sharp slowdown compared with May, reflecting economic headwinds facing some businesses.
Millions of Americans are preparing to resume paying back their student loans in October. That's after the Supreme Court overturned President Biden's plan to forgive up to $20,000 in debt last week. Emily Irwin, managing director and senior director of advice at Wells Fargo Wealth and Investment Management, has tips for how to prepare.
President Biden touted his economic agenda during a speech in South Carolina on Thursday. The president criticized Republican lawmakers for voting against the Inflation Reduction Act, while pointing out those measures are leading to job increases in red states. CBS News senior White House correspondent Weijia Jiang joins "America Decides" to discuss how the president is framing his economic policies to voters.
President Biden spoke at a plant in South Carolina Thursday, touting his administration's economic accomplishments and a plan the White House has dubbed "Bidenomics." He also called for a major commitment to improving the country's infrastructure. CBS News reporter Willie James Inman has more.
According to AAA, the national average of a gallon of gas is $3.53, down from an average of $4.78 a year ago. Patrick De Haan, head of petroleum analysis at GasBuddy, joined CBS News to talk about what could keep prices at the pump trending down.
Treasury Secretary Janet Yellen is the second top-ranking Biden administration official to visit China in recent weeks.
American teens are experiencing a strong job market and high wages this summer. Carter Evans has more.
Americans are racking up all-time high levels of credit card debt. Ted Rossman, senior industry analyst for CreditCards.com, has tips if you're struggling with high balances.
Conservative activist Charlie Kirk was shot and killed on Wednesday while speaking an event at Utah Valley University.
Earlier this month, the U.S. deported a group of non-Ghanaian nationals to Ghana, including deportees from Gambia and Nigeria.
"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.
A White House official confirmed the extra funds would be directed to the U.S. Marshals Service and would also include enhanced protection for Supreme Court justices.
Mr. Trump said that NATO's commitment to winning the war in Ukraine "has been far less than 100%."
California lawmakers voted to phase out a group of chemicals known as PFAS, which are often called "forever chemicals," in cookware.
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.
No information was provided on how many people are being held in each country, who they are or why they were imprisoned.