Inflation up in October as first time jobless claims fall to a new pandemic-era low

Inflation up in October as first time jobless claims fall to a new pandemic-era low

U.S. inflation soared in October. The Consumer Price Index climbed 0.9% last month, marking a 6.2% increase in prices since the same time last year. Diane Swonk, chief economist at Grant Thornton, joins CBSN to discuss what this increase and…

White House economic adviser on infrastructure fixes, supply chain issues

White House economic adviser on infrastructure fixes, supply chain issues

The Biden administration is counting on infrastructure dollars to ease some of the bottlenecks at the country’s ports and expand broadband to all Americans. But initiatives rolled out Tuesday will likely take time to implement. Jared Bernstein, a memeber of…

U.S. faces rising prices for food and housing amid a supply chain crisis

U.S. faces rising prices for food and housing amid a supply chain crisis

The U.S. is facing rising consumer prices and supply chain problems. Americans are seeing increasing costs for food, energy and housing. Sarah House, director and senior economist for Wells Fargo’s corporate and investment bank, joins CBSN’s Tanya Rivero to discuss.…

The Hidden Costs And Savings When Working From Home

The Hidden Costs And Savings When Working From Home

You may find yourself spending more on utilities and office supplies when you start working remotely. Here are a few other budget items you’ll need to adjust when starting a remote job. » Subscribe to CNBC Make It.: http://cnb.cx/2kxl2rf About…

About 7 million workers missing from U.S. economy as labor shortage persists

About 7 million workers missing from U.S. economy as labor shortage persists

Unemployment numbers are falling in the U.S., with the October jobs report beating expectations, but labor shortages persist. A recent article in “The Atlantic” points out that about 7 million workers have left their jobs despite rising wages and a…

Department of Labor says U.S added 531,000 jobs in October

Department of Labor says U.S added 531,000 jobs in October

The U.S. has added 531,000 jobs to the economy last month and the unemployment rate dropped to 4.6%. These numbers were higher than anticipated and appear to indicate the economy is bouncing back from the pandemic. Barclays chief U.S. economist…

First-time unemployment claims fall to a new pandemic-era low

First-time unemployment claims fall to a new pandemic-era low

First-time jobless claims have fallen to a new pandemic-era low for the fifth straight week, as 269,000 Americans filed for the week ending October 30. Lori Bettinger, co-president of BancAlliance and the former director of the Troubled Asset Relief Program…

California's unemployment fraud climbs to $20 billion

California’s unemployment fraud climbs to $20 billion

California has paid at least $20 billion dollars in fraudulent unemployment benefits since the start of the pandemic. Adam Beam, a California reporter for the Associated Press, joins Lana Zak on CBSN to discuss. CBSN is CBS News’ 24/7 digital…

First-time unemployment claims fall to new pandemic-era low

First-time unemployment claims fall to new pandemic-era low

The number of Americans filing for first-time unemployment benefits fell to another pandemic-era low. For the week ending October 16, 290,000 people filed new jobless claims. Mark Hamrick, a senior economic analyst for Bankrate, joins CBSN to discuss. CBSN is…

Pandemic prompts slow return to workforce

Pandemic prompts slow return to workforce

America’s unemployed are not going back to work until they feel safe and well compensated, according to a new article in the Washington Post. Heather Long, an economics correspondent and the author of the piece, joins CBSN to discuss how…