Stocks slip after huge January jobs number
Blistering job growth last month and weaker growth by large tech players are dragging markets lower.
Economy
Wall Street jumps as technology stocks bounce back
Tech stocks and a surge for Facebook's parent company led the market higher as investors look past interest rate hikes.
Bank of England raises interest rates
In an effort to curb inflation, the Bank of England has raised interest rates by half a percentage point. Professor at Miami Herbert Business School John Quelch joins "CBS News Mornings" to explain how that compares to the rate hikes in the U.S. and what it signals about the state of the British economy.
Rising cost of child care raises concerns
Experts are sounding the alarm on the rise in child care costs as government subsidies are set to expire. CBS News reporter Sarah Ewall-Wice joins "CBS News Mornings" with the latest.
Fed hikes interest rates by a quarter-point
As it continues efforts to combat inflation, the Federal Reserve on Wednesday increased interest rates by a quarter-point. In a statement, the Fed said that further hikes are likely.
Biden, McCarthy meet to discuss debt ceiling
President Biden and House Speaker Kevin McCarthy met Wednesday to discuss the debt ceiling and open the door for budget cut negotiations. David Wessel, director of the Hutchins Center on Fiscal and Monetary Policy at the Brookings Institution, joins CBS News' John Dickerson to discuss what it would take to balance the budget and what that would do to the economy.
Many high-earners living paycheck to paycheck
A new study shows 51% of people with six-digit salaries are living paycheck to paycheck. Megan Leonhardt, a senior reporter for Fortune magazine, joins "CBS News Mornings" to explain some of the reasons and what it means for banks and borrowers.
Fed expected to raise interest rates again
The Federal Reserve is expected to announce another interest rate hike today, but the increase is expected to be lower than previous hikes that began in March 2022. Fed Chairman Jerome Powell will address the media this afternoon. CBS News reporter Sarah Ewall-Wice joins us to discuss the significance.
Projections show EU growth will slow in 2023
The European Union is expecting a growth rate of 0.2% this year, down from last year's 3.3% growth. Founder of Threadneedle Strategies Ann Berry joins "CBS News Mornings" to break down the factors behind this slowdown and how it could impact Americans.
Global Battery Innovator that Leads Electrification for a Sustainable Future
LG Energy Solution leads electrification and digitization of humanity, with its cutting-edge battery technologies and devotion to green battery economy.
Biden, McCarthy to meet on debt ceiling
President Biden and House Speaker Kevin McCarthy are expected to meet this week to discuss the debt ceiling and how to avoid a default on the country's debt. McCarthy said he wants to find a "reasonable and responsible" way to lift the debt ceiling. CBS News congressional correspondent Scott MacFarlane joined Anne-Marie Green and Vladimir Duthiers from Capitol Hill to discuss.
Open: This is "Face the Nation with Margaret Brennan," Jan. 29
This week on "Face the Nation with Margaret Brennan," the first face-to-face meeting of the new Congress between President Biden and House Speaker Kevin McCarthy is coming soon. The main topic on the agenda? Paying America's bills and getting the country's fiscal house in order. We'll ask the speaker about what he thinks Congress should do to keep the U.S. from defaulting. Plus, a rare joint conversation with the chair and vice chair of the Senate Intelligence Committee.
Unemployed men create economy ripple effects
Around seven million men in their prime working age neither have jobs nor are looking for one, creating a huge hole in the labor market and costing businesses in male-dominated fields like manufacturing millions of dollars. Tony Dokoupil talks to "Dirty Jobs" host Mike Rowe and the CEO of a manufacturing company about the reasons behind this phenomenon.
What should consumers do about tipping?
Cornell University professor of consumer behavior Michael Lynn joins CBS News' Errol Barnett and Lana Zak to discuss how tipping etiquette are evolving and what it means for service workers and consumers.
Biden touts economic growth
President Biden celebrated 2.9% growth in the U.S. economy, while calling out what he refers to "MAGA Republicans" in Congress. CBS News chief White House correspondent Nancy Cordes joins John Dickerson on "Prime Time" with more.
A key inflation measure cooled in December
Easing of Personal Consumption Expenditures price index indicates Fed's interest rate hikes are slowing the economy.
Hiring boost for job-seekers this winter
If you're looking for a job or a boost in your career, experts say January and February are the best months to do it. Daniel Zhao, lead economist with Glassdoor, joins "CBS News Mornings" to discuss why and if a looming recession should cause alarm.
Stocks finish higher on encouraging GDP numbers
The Dow Jones ended in the green Thursday following a report that showed the U.S. gross domestic product rose 2.9% in the fourth quarter of 2022. Kayla Bruun, economic analyst for Morning Consult, joined CBS News to discuss what the latest GPD data could mean to the economy.
U.S. GDP grew 2.9% in final quarter of 2022
The economy is fighting back against inflationary pressures, but many economists say that won't last, and the economy could slow down in 2023 as an intended consequence of the Federal Reserve's efforts to rein in inflation by raising interest rates. Economist and Harvard University professor Jeffrey Frankel joined CBS News to discuss what the latest GDP data could mean for the economy moving forward.
Chipotle to hire 15,000 workers amid continuing labor shortage
Most restaurant operators say they don't have enough employees to meet customer demand, survey shows.
Why millions of men have left the workforce
A large number of American men between 25 and 54 years old are not working or even looking for work.
Economic growth remains solid, shrugging off recession fears
U.S. economy grew at 2.9% rate in last three months of year despite pressure of high rates and fears of recession.
How companies get away with wage theft
CBS News consumer correspondent Ash-Har Quraishi investigates failures in systems designed to protect victims of wage theft.
Some workers get "less than minimum wage"
Wage theft is "not a one-time purse snatching or one-time home robbery," according to Shelly Rusicka of Arise Chicago.
Experts predict lower housing prices
Many real estate experts say they expect to see lower housing prices in 2023. CBS News' Tony Dokoupil and Lilia Luciano are joined by Kenny Simpson, mortgage adviser for The Simpson Team, to discuss the market trends.
U.S. and China have "framework" of TikTok deal as Trump teases agreement
"We have a framework for a TikTok deal," Treasury Secretary Scott Bessent said after talks with Chinese officials in Spain.
JD Vance hosts "The Charlie Kirk Show" today after Kirk's assassination
Vance has described his longtime friendship with Kirk, who was also a key ally in his political rise.
Which form of energy is the cheapest? CBS News asked experts to find out.
CBS News looked at the cost of producing coal, gas, nuclear, wind and solar energy to determine which is the cheapest.
Rubio meets Netanyahu in Israel as U.S. ally Qatar gathers Arab neighbors
As Trump urges Israel to be "very careful" after a strike in U.S.-allied Qatar, Netanyahu calls Rubio's visit "a clear message that America stands with Israel."
Who won Emmy Awards for 2025? See the full winners list here.
The 2025 Emmy Awards are honoring the best in television. See the full list of winners and nominees.
Charlie Kirk shooting suspect under special watch as investigators seek motive
The suspect in the assassination of Charlie Kirk is under special watch in a Utah jail, days after he allegedly shot and killed the 31-year-old conservative activist.
Workers fired, placed on leave for Charlie Kirk comments after assassination
A range of companies and other organizations are sanctioning — and sometimes firing — workers over their public comments about Charlie Kirk. They may have little recourse.
2 arrested after incendiary device placed under news vehicle in Salt Lake City
The device had been lit but "failed to function as designed," a Unified Fire Authority Investigations officer wrote in affidavits of probable cause.
Fox News host apologizes for remarks about mentally ill homeless people
Brian Kilmeade made the comment while talking about the stabbing murder of Iryna Zarutska in Charlotte, North Carolina.