Why a surge in long-term unemployed workers is ringing alarm bells
The number of unemployed people looking for work more than six months has surged to its highest level since 2021.
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The number of unemployed people looking for work more than six months has surged to its highest level since 2021.
Roughly 42% of younger working adults — spanning Gen Z, millennials and Gen X — report having no money left over after covering their daily expenses.
Prices are reported by Americans as still rising, and many think AI will lead to fewer jobs.
Employers have announced nearly 950,000 job cuts through September, the great number of layoffs through September since 2020, an analysis finds.
Uncertainty over U.S. tariffs and other Trump administration economic policies are deterring manufacturers from hiring, according to the Center for American Progress.
Monthly report shows private employers shed 32,000 jobs last month, another sign the labor market is facing new challenges.
Inflation has eased since peaking in 2022, but remains above the Fed's 2% annual target
A new survey shows inflation could have been about a third lower this year without president trump's historically high tariffs.
The Republicans' "big, beautiful" spending and tax law will result in cuts to food stamp benefits for many Americans, experts say.
The Federal Reserve on Wednesday lowered its benchmark interest rate by 0.25 percentage points.
Overall grocery prices in August 2025 rose 2.7% compared to one year ago, according to the U.S. Bureau of Labor Statistics Consumer Price Index.
The Federal Reserve is cutting its benchmark interest rate as the U.S. economy faces headwinds, including a faltering labor market.
The Consumer Price Index likely inched higher in August, reflecting higher costs for food and other items, economists say.
Americans' confidence in finding a new job fell to the lowest measure on record, new government survey shows.
The number of immigrant workers has declined from January through the end of July, preliminary Census data shows.
Federal Reserve Chair Jerome Powell cited risks to the labor market in opening the door to cutting interest rates. Here's what job-seekers should know.
Federal Reserve Chair Jerome Powell has been under pressure from President Trump to lower the central bank's benchmark interest rate.
For months, economists warned that the Trump administration's sweeping tariffs would sharply boost consumer prices. Here's why it hasn't happened.
Financial therapy, a growing field that explores the emotional side of money, is helping families change long-standing financial habits and improve communication.
A growing number of Americans are turning to certified financial therapists to confront stress, improve communication, and change long-held emotional patterns around money.
Incomes are still trailing inflation four years after the pandemic-era surge in prices, causing a financial pinch for many households.
Canadian regulators once again ordered union leaders to end Air Canada's work stoppage on Monday, while employees remain defiant.
President Trump has extended a temporary truce in the U.S.-China trade war, preventing tariffs on China from leaping to at least 80%.
The U.S. officially began levying higher tariffs on dozens of countries, just as the economic fallout of President Trump's months-long tariffs threats was beginning to create visible damage to the U.S. economy.
Prices could tick higher in 2025 as businesses pass tariff costs on to consumers, Cleveland Fed's Beth Hammack tells CBS News.
The removal comes after the City of Miami Beach lost its appeal to keep its rainbow sidewalk permanent.
Trooper's story has inspired the new Florida law, which would make it a felony to abandon a dog during a natural disaster.
A man is dead after he was reportedly attacked by dogs in Miami early Sunday morning, police said.
Bryce Young threw a go-ahead, 4-yard touchdown pass to Mitchell Evans with 1:59 remaining, Rico Dowdle ran for 206 yards and a score, and the Carolina Panthers overcame a 17-point first-half deficit to beat the Miami Dolphins 27-24 on Sunday.
The Miami Hurricanes have beaten Florida State, marking their second rivalry win this season.
The removal comes after the City of Miami Beach lost its appeal to keep its rainbow sidewalk permanent.
Trooper's story has inspired the new Florida law, which would make it a felony to abandon a dog during a natural disaster.
A man is dead after he was reportedly attacked by dogs in Miami early Sunday morning, police said.
Bryce Young threw a go-ahead, 4-yard touchdown pass to Mitchell Evans with 1:59 remaining, Rico Dowdle ran for 206 yards and a score, and the Carolina Panthers overcame a 17-point first-half deficit to beat the Miami Dolphins 27-24 on Sunday.
The Miami Hurricanes have beaten Florida State, marking their second rivalry win this season.
A former prison guard trainee has been sentenced to death for the 2019 execution-style killings of five women inside a Florida bank.
Florida coach Billy Napier is getting a fourth season to try to get the Gators back to their winning ways.
A Florida man has filed a federal lawsuit against Jacksonville sheriff's officers who severely beat him last year after he ran from a traffic stop.
The Marion County Sheriff's deputy told authorities that he accidentally shot and killed his girlfriend while cleaning his gun.
The American Automobile Association said this is a dangerous time of year for young drivers.
Congressional leaders traded blame for the government shutdown on Sunday as the stalemate over how to reopen the government stretched into another week without progress on negotiations.
"Let's discuss through the mediators the logistics and the mechanics behind how that happens, and that has to happen very quickly. That cannot drag on," Secretary of State Marco Rubio said.
Americans are concerned about the effect of the shutdown on the economy, amid unease about jobs and inflation.
The FBI is considering carrying out a "showy" arrest and perp walk of the agency's now-indicted ex-director James Comey, sources tell CBS News.
No one was hurt when two vessels that were part of a flotilla bound for Gaza mysteriously caught fire last month.
Jim DeFede goes one-on-one with Rep. Debbie Wasserman Schultz on the partial government shutdown.
Jim DeFede goes one-on-one with historian Marvin Dunn about the controversy surrounding the plan to build the Trump Presidential Library next to the Freedom Tower in Downtown Miami.
Jim DeFede goes one-on-one with Karla Hernandez-Mats, former president of the United Teachers of Dade, who is now the President of Educated We Stand.
Jim DeFede goes one-on-one with Richard Lamondin, a South Florida businessman who is hoping to be the Democratic candidate next year against Republican Congresswoman Maria Elvira Salazar.
Jim DeFede speaks to Rep. Maxwell Frost about what is happening from the suspension of ABC late-night talk show host Jimmy Kimmel to the government threatening to go after journalists.
CBS News Miami was proud to participate in the annual event, where anchor Lauren Pastrana was the emcee of the walk.
Pfizer is the first of many drug makers President Trump claimed has agreed to offer steep drug discounts to all Americans through TrumpRx, in line with the lowest prices paid by Europeans.
President Trump's announcement this week about an alleged link between Tylenol and autism has drawn pushback from medical experts.
The faulty engines can cause toxic fumes to leak into the aircraft cabin's air supply, posing health and safety risks to crew members and passengers.
Florida's surgeon general said he isn't ready to make recommendations on the use of acetaminophen by pregnant women.
These gifts from Stanley, Apple, AllTrails and more won't bust your budget.
From top-rated smart mugs to cold brew starter kits, we've rounded up the coffee lover presents to gift this Christmas.
Just in time for the holiday season, Nintendo has released Nintendo Switch bundles and special editions.
For that authentic grilling experience, you can't beat a charcoal grill. We've rounded up the best grill options.
Discover the best tech gifts during the 2024 holiday season that your friends and loved ones will absolutely adore.
The company said Tuesday that 85% of its retail products and "nearly all" of its school offerings are already made without "certified colors."
Less than two days after Delta Air Lines offered $30,000 to each passenger on board the flight that crashed and flipped in Toronto on Monday afternoon, the company is facing its first two lawsuits in the incident — and they likely won't be the last.
Activists are calling for a nationwide boycott of Target stores following the company's decision to roll back its diversity, equity and inclusion initiatives.
Discount store chain Target says it's joining rival Walmart and a number of other prominent American brands in scaling back corporate diversity, equity and inclusion initiatives.
Miami-Dade is considering four possible sites, including two that are 2 miles or less from the city of Miramar.
Taylor Swift's new album, "The Life of a Showgirl," became Spotify's most-streamed album in a single day this year. The company said it only took 11 hours to hit that mark.
Universal Orlando Resort plans to reopen its Stardust Racers ride at Epic Universe on Saturday.
Taylor Swift's 12th studio album, "The Life of a Showgirl," was released at midnight Friday. Swift wrote and produced the album with Swedish producers Max Martin and Shellback.
Jane Fonda announced she had launched a 21st-century incarnation of the Committee for the First Amendment, originally formed in 1947.
Doctors are warning of a food trend inspired by the popular Netflix movie "KPop Demon Hunters" that is leading to serious burn injuries.