The number of Americans filing for unemployment benefits last week jumped to the highest level since 2021, the latest sign the historically tight labor market is cooling off in the

The U.S. government could default on its debt within a matter of weeks, jeopardizing payments to millions of Americans and businesses.  Treasury Secretary Janet Yellen warned last week that the

JPMorgan Chase CEO Jamie Dimon warned on Thursday of disastrous implications for the economy if Congress fails to raise the debt ceiling and the U.S. defaults on its financial obligations. 

As analysts start to speculate about the Federal Reserve’s next rate move as a potential credit crunch looms over markets, one former Fed bank president advised extreme caution with their

HealthWatch By Sara Moniuszko Updated on: May 11, 2023 / 10:59 AM / CBS News An experimental skin patch to help treat toddlers who are highly allergic to peanuts is

MoneyWatch By Megan Cerullo Updated on: May 11, 2023 / 11:04 AM / MoneyWatch Peloton is recalling 2.2 million of its original bikes because the seat post can break off

U.S. By Caitlin O’Kane May 11, 2023 / 11:45 AM / CBS News Spreading kidney disease awareness during National Kidney Month Actor Dolph Lundgren has revealed his secret eight-year battle

U.S. By Alexander Tin May 11, 2023 / 1:00 PM / CBS News Psychologist Lisa Damour on teen mental health America’s youth mental health crisis appears to have shown signs

U.S. job growth likely cooled markedly in April as rising interest rates and a slowing economy began to take a toll on hiring.  The U.S. Department of Labor’s high-stakes April

The Department of Transportation announced Monday its plans for a new rulemaking process requiring airlines to compensate passengers whose flights were delayed or canceled. The proposal would require airlines to