The June jobs report that beat expectations – CBS News Watch CBS News The June jobs report beat expectations, with more than 140,000 new positions added last month. The unemployment rate declined to 4.1%. But there is more to the numbers than just the headline. Jo Ling Kent explains. Be the first to know Get … Read more
Why the June jobs report beat expectations – CBS News Watch CBS News New jobs numbers on Thursday revealed a stronger than expected month of June, but a deep dive inside the numbers reveals some not so pleasant surprises. CBS News MoneyWatch correspondent Kelly O’Grady explains. Be the first to know Get browser notifications for … Read more
The U.S. economy shrank faster than previously thought during the first three months of 2025, with growth contracting for the first time in three years. The country’s gross domestic product fell at an annual rate of 0.5% from January through March, the Commerce Department reported Thursday in its third and final GDP report for the period. … Read more
What are stablecoins and how does the GENIUS Act regulate them? – CBS News Watch CBS News Last week, in a bipartisan vote, the Senate passed the GENIUS Act, creating a regulatory framework for stablecoins. Dante Disparte, chief strategy officer at the financial technology company Circle, joins “The Takeout” to explain how stablecoins work and … Read more
Stocks are up, but consumer confidence in economy is down, CBS News poll finds – CBS News Watch CBS News Almost six in 10 Americans say the economy is in bad shape, according to a new CBS News poll. Stocks were up across the board on Tuesday though. Kelly O’Grady has more. Be the first … Read more
Why the Strait of Hormuz is critical for global oil supplies – CBS News Watch CBS News The intensifying conflict in the Middle East is raising new concerns about its potential impact on the oil and gas industry. Much of the focus is on whether Iran will close the Strait of Hormuz, a critical waterway … Read more
Oil prices drop after Iran attacks U.S. base in Qatar – CBS News Watch CBS News Oil investors backed off Monday after seeing Iran’s retaliatory response to U.S. strikes on some of its nuclear facilities, with oil prices dropping 9% since Sunday. CBS News MoneyWatch correspondent Kelly O’Grady has the latest. Be the first to … Read more
Global economy reacts to U.S. strikes on Iran – CBS News Watch CBS News U.S. and global markets remained mostly steady following U.S. strikes on Iran’s key nuclear sites over the weekend. CBS News MoneyWatch correspondent Kelly O’Grady has the latest. Be the first to know Get browser notifications for breaking news, live events, and … Read more