Oil prices spike amid Israel-Iran strikes
Stocks lost ground on Friday as traders kept a close eye on the conflict between Israel and Iran. CBS News MoneyWatch correspondent Kelly O'Grady has the details.
Employment
Economy adds 139,000 jobs in May
Friday's monthly jobs report showed some softening in private sector hiring, but little that would suggest a coming recession, with the economy adding 139,000 jobs in May. Peggy Collins and Laura Davison, who cover politics for Bloomberg News, join "The Takeout" to discuss the jobs report, the latest on the feud between President Trump and Elon Musk, and more.
What slower hiring could mean for the economy
The ADP released numbers showing the private sector added 37,000 jobs — the smallest increase in more than two years. Kelly O'Grady explains.
ADP employment report shows hiring slowdown
ADP's May employment report, released on Wednesday, suggests that the labor market is weakening. CBS News MoneyWatch correspondent Kelly O'Grady unpacks the data and what it could mean for the U.S. economy.
"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.
Former inmates train as truckers
For people who have served time, being released from prison is just the start of the road back. Tom Hanson has the story of a program that matches former prisoners with an industry in need of workers.
Surprising data about labor market for new grads
Graduation season is in full swing, with the hope of promising careers ahead. A new report by Tallo, which helps recent graduates navigate their career paths, shows connecting to those dream jobs can be difficult. Tallo CEO Allison Danielsen joins to discuss.
Job hunting tips for new college grads
College graduation season is well underway, and many soon-to-be graduates are entering a crowded job market. The unemployment rate for recent college graduates is currently at 5.8%, the highest level since the summer of 2021, according to the U.S. Bureau of Labor Statistics. (Sponsored by AT&T).
What's next for U.S. ports?
The U.S. and China have agreed to a 90-day tariff reduction with the Trump administration lowering import taxes on Chinese goods from 145% to 30% on Wednesday. Port of Los Angeles executive director Gene Seroka joins "The Daily Report" to discuss.
Most Americans don't earn enough to afford costs of living, study finds
The bottom 60% of U.S. households don't make enough money to afford a "minimal quality of life," according to a new analysis.
Why did the Fed hold rates steady?
The Federal Reserve said Wednesday it will leave U.S. interest rates unchanged amid trade uncertainty and risk of stagflation. CBS News senior business and technology correspondent Jo Ling Kent has more.
The key points in Trump's budget proposal
The Trump administration has unveiled its budget blueprint for 2026. Now, it's only a matter of getting Congress on board. Plus, more jobs were added to the U.S. economy in April than expected, despite uncertainty with the Trump administration's tariff plans against trade partners. CBS News' Willie James Inman and Jo Ling Kent have the latest.
Trump calls on Fed to lower rates
Employers added 177,000 jobs last month as the labor market keeps humming, for now, despite all the turmoil caused by President Trump's tariffs. The White House is taking credit for the job growth after blaming former President Biden for the drop in gross domestic product earlier this week. Mr. Trump said this is a sign that Federal Reserve Chair Jerome Powell should cut interest rates. CBS News' Ed O'Keefe and Jo Ling Kent report.
AI job scams on the rise
Have you ever wondered if your coworker is a bot? Now, you may have to. Companies say they are working to stop fake job-seekers as new employment scams target both sides of the market. CBS News Confirmed executive producer Melissa Mahtani breaks it down.
Employers added 228,000 new jobs in March, blowing past forecasts
Hiring rebounded in March, signaling that the labor market remains resilient despite stronger economic headwinds.
Layoffs spiked by 205% last month, fueled by DOGE mass firings
Job cuts more than tripled to 275,240 last month, a surge caused by mass layoffs of government workers by Elon Musk's DOGE.
Florida bill could roll back teen work limits
A controversial bill that would roll back some work restrictions for teens as young as 14 was advanced by a Florida Senate panel this week. Orlando Weekly News reporter McKenna Schueler joins "The Daily Report" to discuss.
What kind of jobs will be impacted by AI?
Last week, online furniture retailer Wayfair announced it would increase its use of generative artificial intelligence and cut 340 tech jobs. It reflects an increase in businesses and companies opting to cut back human tasks in favor of the new technology. Mark Muro, senior fellow and policy director at the Metropolitan Policy Program at the Brookings Institution, joins "The Daily Report" to discuss.
February job growth fell short of expectations
Job growth in February fell short of expectations, highlighting that businesses are becoming more conservative, which could suggest less economic activity. Kelly O'Grady joins to discuss.
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.
U.S. adds 151,000 jobs in February
The Labor Department says the U.S. added 151,000 jobs in February, but the unemployment rate ticked up to 4.1%. Javier E. David, business editor for the Dallas Morning News, joined CBS News to break down the numbers and CBS News senior White House reporter Jennifer Jacobs has more on the response from the Trump administration.
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.
Layoffs soar to highest level since 2020, led by Musk's DOGE cuts
Job cuts spiked in February, marking their highest point since July 2020, due to firings of government workers directed by DOGE.
College student's classroom is the farm where he works
Carlos Marquez is in a free pilot program at Merced College. Its competency-based curriculum allows students to master vocational skills while earning a living.
College student's classroom is farm where he works
At a time when college is unaffordable for many, some schools are re-imagining higher education, shifting their curricula from general knowledge to providing free training for specific jobs. Mark Strassmann reports from Merced, California.
2 Minnesota lawmakers shot in politically motivated attacks, Walz says
Minnesota state Rep. Melissa Hortman and her husband were killed, and state Sen. John Hoffman and his wife were wounded in politically motivated shootings.
Manhunt continues for suspect in Minnesota lawmakers' shootings
Law enforcement officials are searching for 57-year-old Vance Luther Boelter in the shootings of two Minnesota politicians and their spouses early Saturday morning.
Iran launches new round of missiles, as Israel carries out strikes in Tehran
Iran retaliated for a second night Saturday as explosions lit the night skies over Jerusalem and Tel Aviv.
Police disperse "No Kings" protesters in downtown L.A.
The LAPD said on social media that the people in the crowd were throwing "rocks, bricks, bottles and other objects" while they were near the downtown federal building.
ICE directed to pause immigration arrests at farms, hotels and restaurants
The move marks a significant pivot for the Trump administration, which has vowed to deport millions of immigrants living in the country without legal status.
Trump military parade marks Army's 250th birthday in Washington, D.C.
President Trump delivered remarks at the 250th Anniversary of the U.S. Army Grand Military Parade and Celebration, an event he envisioned.
Trump and Putin hold call, discuss Iran-Israel tensions, Ukraine war
This is the second time President Trump and Russian President Vladimir Putin have spoken on the phone this month.
Suspect arrested in connection with threats against Texas lawmakers
The Texas State Capitol and grounds in Austin were evacuated due to the threat, state officials said.
At least 13 dead, several missing in San Antonio after rapid flooding
The San Antonio Fire Department told CBS News on Saturday that 13 people have been found dead after flooding on highways in Texas.
U.S.
More U.S.
1 wounded in shooting during "No Kings" protest in Salt Lake City, police say
Salt Lake City police said in a post to social media that the shooting was "possibly associated" with a "No Kings" demonstration.
Search for Texas mom's remains continues years after shooting death
Nearly two decades after an intoxicated and half naked William Greer confessed to killing Tammy Myers, her daughter is determined to see her mother's killer brought to justice.
Woman fatally shoots ex-husband as he sits on toilet
In February 2015, Officer Daniel Green was shot four times and left for dead in his Goshen, California home. At first, his ex-wife Erika Sandoval denied having anything to do with his death — then she admitted everything.
1 Minnesota lawmaker killed, 1 injured in targeted shootings: What we know
Minnesota State Rep. Melissa Hortman and her husband were fatally shot Saturday, while State Sen. John Hoffman and his wife were wounded.
ICE directed to pause immigration arrests at farms, hotels and restaurants
The move marks a significant pivot for the Trump administration, which has vowed to deport millions of immigrants living in the country without legal status.
MoneyWatch
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Trump clears U.S. Steel sale to Nippon Steel, but details of merger still unclear
Japan's Nippon Steel can buy U.S. Steel as long as both sides sign a "national security agreement."
Amazon, Temu and other sites hawk "No Kings" merch
Sellers are hawking "No Kings" t-shirts, hats and other items in a move to cash on anti-Trump protests planned for June 14.
Ford CEO says rare earths shortage forced it to halt production
The U.S. automaker is struggling to procure rare earth materials essential to its cars, as exports from China slow.
Walmart heiress' "No kings" protest ad sparks backlash against retailer
Walmart heiress' ad is prompting backlash against the retailer despite it not being associated with the company.
Anker recalls more than 1.1 million power banks after fires reported
Anker, a Chinese electronics maker, is recalling 1.15 million PowerCore portable chargers after some consumers reported fires and explosions.
Politics
More Politics
Suspect arrested in connection with threats against Texas lawmakers
The Texas State Capitol and grounds in Austin were evacuated due to the threat, state officials said.
FBI releases new photo of Vance Boelter, wanted in lawmakers' shootings
Law enforcement officials are searching for 57-year-old Vance Luther Boelter in the shootings of two Minnesota lawmakers and their spouses early Saturday morning.
Trump and Putin hold call, discuss Iran-Israel tensions, Ukraine war
This is the second time President Trump and Russian President Vladimir Putin have spoken on the phone this month.
1 Minnesota lawmaker killed, 1 injured in targeted shootings: What we know
Minnesota State Rep. Melissa Hortman and her husband were fatally shot Saturday, while State Sen. John Hoffman and his wife were wounded.
Melissa Hortman, Minn. lawmaker killed in shootings, remembered as "devoted public servant"
A manhunt is underway after the fatal shooting of Minnesota state Rep. Melissa Hortman and her husband overnight. State Sen. John Hoffman and his wife were also injured in what Gov. Tim Walz called "politically motivated" shootings.
HealthWatch
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A father of 3 felt healthy. Then a routine screening found deadly cancer.
Curtis Jackson was having a regular screening when doctors found evidence of a deadly bile duct cancer.
CDC urges summer camps to check for measles immunity, as U.S. nears record
The CDC's new "checklist" comes amid a deadly year of measles outbreaks that is now near record levels.
New COVID variant NB.1.8.1 could be more than 1 in 3 cases, CDC says
The NB.1.8.1 COVID-19 variant was linked to a large surge of hospitalizations in parts of Asia earlier this year.
The price you pay for an Obamacare plan could surge next year
An estimated 4 million Americans will lose health insurance over the next decade if Congress doesn't extend enhanced subsidies for Affordable Care Act marketplace coverage.
Average age of moms giving birth in U.S. rises to nearly 30 years old
Average age also increased for first-time moms, according to data from the Centers for Disease Control and Prevention. Experts say there are a few reasons why.
World
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Trump and Putin hold call, discuss Iran-Israel tensions, Ukraine war
This is the second time President Trump and Russian President Vladimir Putin have spoken on the phone this month.
British royal family commemorate Air India plane crash at Trooping the Colour
Ahead of Saturday's festivities, King Charles III also honored a handful of celebrities and public figures, including David Beckham, Gary Oldman and Elaine Paige.
Death toll in Air India plane crash rises to 270 as more bodies recovered
The Air India flight fell from the sky on Thursday and killed at least 270 people in Gujarat state, officials said Saturday.
Iran launches new round of missiles, as Israel carries out strikes in Tehran
Israel targeted its Defense Ministry headquarters in Tehran as well as sites that it alleged were associated with the country's nuclear program.
Trump administration told U.S. allies in Middle East about Israel's Iran strikes in advance
The State Department told regional allies about Israel's plan to strike Iran, and indicated it wasn't a U.S. operation, four sources told CBS News.
Entertainment
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Entertainment
Kashus Culpepper performs "After Me?"
Kashus Culpepper is one of the fastest-rising stars in country music. The Alabama native started singing in church at the age of 5, then taught himself how to play the guitar while serving in the Navy just a few years ago. After returning home, Culpepper started playing dive bars. His career took off, and soon, he was selling out shows nationwide. Now, here is Kashus Culpepper with "After Me?"
Kashus Culpepper performs "Man of His Word"
Kashus Culpepper is one of the fastest-rising stars in country music. The Alabama native started singing in church at the age of 5, then taught himself how to play the guitar while serving in the Navy just a few years ago. After returning home, Culpepper started playing dive bars. His career took off, and soon, he was selling out shows nationwide. Now, here is Kashus Culpepper with "Man of His Word."
Kashus Culpepper performs "Southern Man"
Kashus Culpepper is one of the fastest-rising stars in country music. The Alabama native started singing in church at the age of 5, then taught himself how to play the guitar while serving in the Navy just a few years ago. After returning home, Culpepper started playing dive bars. His career took off, and soon, he was selling out shows nationwide. Now, here is Kashus Culpepper with "Southern Man."
Comedy writer Bruce Vilanch recounts flops
Bruce Vilanch is one of Hollywood's most successful comedy writers. The two-time Emmy winner is best known for his time on "Hollywood Squares," and wrote jokes for nearly every awards show and stars like Bette Midler and Whoopi Goldberg. But he's also worked on some clunkers, and now he's embracing those stories in his new book. Vilanch shares more with Michelle Miller.
Brandon Lake on new music and mental health
Grammy winner Brandon Lake is out with his fifth studio album. The singer-songwriter speaks to "CBS Mornings Plus" about his new music, touring and struggles with mental health.
Technology
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Technology
AI users form relationships with technology
Some people are using AI as an emotional outlet — and developing a real relationship with artificial intelligence. It's a trend that people and AI companies are hesitant to talk about, but does appear to be on the rise.
Google, OpenAI, Spotify and other platforms hit by widespread outage
Google, OpenAI and Spotify were down Thursday after a widespread tech outage.
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 files lawsuit against maker of "nudify" app technology
Meta ramps up efforts to block ads for AI technology used to create fake nude images of real people.
Facial recognition identifying jail escapees
After 10 inmates escaped a New Orleans jail, authorities used facial recognition software to help locate and arrest an escapee. But as facial recognition has become a more common tool, groups like the ACLU have raised concerns about its use. Anna Schecter, who covers crime and safety for CBS News, breaks it all down.
Science
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Science
Invasive Asian needle ants pose risks
As summer kicks into high gear, the U.S. Forest Service is warning about an invasive Asian needle ant species found in dozens of states. Eric Day, entomologist at Virginia Tech, joins "The Daily Report" with more.
This T. rex ancestor is "missing link" to apex predators, scientists say
Apex predators, like the Tyrannosaurus rex, eventually arose from smaller-bodied tyrannosauroid dinosaurs called Khankhuuluu mongoliensis, the study's researchers said.
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.
Crime
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Search for Texas mom's remains continues years after shooting death
Nearly two decades after an intoxicated and half naked William Greer confessed to killing Tammy Myers, her daughter is determined to see her mother's killer brought to justice.
Woman fatally shoots ex-husband as he sits on toilet
In February 2015, Officer Daniel Green was shot four times and left for dead in his Goshen, California home. At first, his ex-wife Erika Sandoval denied having anything to do with his death — then she admitted everything.
"CBS Weekend News" headlines for June 14, 2025
Here's a look at the top stories making headlines on the "CBS Weekend News" with Jericka Duncan.
Manhunt underway for suspect in lawmaker shootings
Early Saturday, Minnesota state Rep. Melissa Hortman and her husband were killed, and Minnesota state Sen. John Hoffman and his wife were wounded, in separate shootings at their homes. Authorities are searching for a 57-year-old suspect in connection with what Minnesota Gov. Tim Walz has called "politically motivated" shootings. Jennifer Mayerle reports.
Manhunt underway for lawmaker shootings suspect
The suspect in the Minnesota lawmaker shootings is still at large on Saturday, hours after the crimes took place. CBS News' Crime and Public Safety Unit senior coordinating producer Anna Schecter has more on how police will conduct their search.
Space
More Space
NASA evaluating data indicating air leaks aboard space station are sealed
If initial results hold up, NASA says the delayed launch of a commercial research mission to the station could come as early as Thursday.
Commercial crew launch delayed while ISS air leak assessed
NASA wants to evaluate recent efforts to stop a small but persistent air leak in the Russian segment of the space station.
Axiom-4 mission delayed due to leak
NASA delayed the Axiom Mission 4 launch on Wednesday after SpaceX detected a liquid oxygen leak during a Falcon 9 rocket inspection. CBS News space consultant Bill Harwood has more.
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.
Latest Galleries
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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
Latest CBS News Videos
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Latest CBS News Videos
Fireworks show concludes Army parade
U.S. Army 250th anniversary parade concluded with a fireworks show above Washington, D.C.
Trump delivers Army parade remarks
Vice President JD Vance introduces President Trump at the U.S. Army's 250th Anniversary Parade. Mr. Trump thanks the military branch for its service to America.
Unlawful assembly declared in L.A.
The Los Angeles Sheriff's Department declared an unlawful assembly on Saturday after "No Kings" protests ended. Local police are arresting people and trying to disperse the crowds. CBS News correspondent Adam Yamaguchi reports.
ICE raids sow fear in L.A.'s Fashion District
There has been a common thread this week in the Fashion District of Los Angeles, fear of raids by immigration agents. There are more than 4,000 independent businesses in the district, an area that depends on the labor of immigrants. Elise Preston has more.
Lawmakers remember Minnesota shooting victims
Former Minnesota State Rep. Ryan Winkler, Sen. Zach Duckworth, R-Lakeville, and Sen. Amy Klobuchar spoke with CBS News Minnesota on Saturday after learning Minnesota state Rep. Melissa Hortman and her husband were killed, and state Sen. John Hoffman and his wife were wounded in what officials described as "politically motivated" shootings earlier in the day.