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Wall Street or Vegas? Prediction markets under scrutiny in New York

As Kalshi and Polymarket become more popular, lawmakers in New York are scrambling to create new rules for prediction markets.

• Jan 12

First Alert Weather: Potential for measurable snow on Thursday

In the interim, CBS News New York's Lonnie Quinn is calling for the sun to make appearances on Monday, Tuesday and possibly Wednesday, with temperatures in the mid to upper 40s each day.

• Jan 11
• 03:38

Lawmakers across the country are scrambling to create new rules for prediction markets

As users of sites like Kalshi and Polymarket grow, so do concerns about insider trading and reckless gambling. CBS News New York investigative reporter Tim McNicholas has the story.

• Jan 11
• 03:59

Richard Codey, New Jersey's longest-serving legislator, dies at age 79

CBS News New York's Lisa Rozner spoke with colleagues who credit the former governor for legislation that changed smoking laws, mental health treatment, and paved the way for the construction of MetLife Stadium.

• Jan 11
• 02:15

Department of Homeland Security sending hundreds more officers to Minnesota

Tensions have continued to grow following last week's fatal shooting of Renee Good by an ICE agent, prompting more protesters across the country to rally for justice and change. CBS News New York's Jenna DeAngelis reports.

• Jan 11
• 02:17

At least 2 hurt when U-Haul drives into a L.A. crowd protesting the Iranian government

New video shows the truck speeding by, as protesters chased after it. One man was taken into custody. CBS News New York's Allen Devlin has the story.

• Jan 11
• 00:40

15-year-old boy in stable condition after being shot in East Harlem

The NYPD said the gunfire erupted just before 6 p.m. Sunday in front of a deli on Madison Avenue near 109th Street. Police are now searching for the gunman. CBS News New York's Kristine Johnson reports.

• Jan 11
• 00:21

Thousands of NYC nurses could walk off the job as early as 6 a.m. Monday

Negotiators were working Sunday night to hammer out a contract before the midnight deadline. CBS News New York's Allen Devlin reports.

• Jan 11
• 03:29

Knicks wake up, take down surging Trail Blazers

Jalen Brunson had 26 points and the Knicks snapped the Trail Blazers' five-game winning streak with a 123-114 victory Sunday.

• Jan 11

Powell says the Fed was served DOJ subpoenas over building renovations

The subpoenas threatened a criminal indictment related to Jerome Powell's testimony before the Senate Banking Committee in June 2025, according to the Fed chair.

• Jan 12

Who won Golden Globes for 2026? See the full winners list here

The 2026 Golden Globes honored the standouts in both film and television from last year. See the full list of winners and nominees.

• Jan 11

Sunny, low 40s on Monday

CBS News New York's Vanessa Murdock is tracking the potential for some snow on Thursday and then again next Sunday.

• Jan 11
• 03:16

NYC moving forward with extended bus lanes along Madison Avenue

The deputy mayor of operations and the Department of Transportation commissioner made the announcement Sunday. CBS News New York's Allen Devlin reports.

• Jan 11
• 00:51

N.J. Gov. Murphy signs executive order allowing people with criminal pasts to serve on juries

The state estimates this will impact more than 350,000 people. CBS News New York's Allen Devlin reports.

• Jan 11
• 00:46

83rd annual Golden Globes set for Sunday night in L.A.

It's the first major awards show of the year, honoring movies, television, and now podcasts. CBS News New York's Gwen Baumgarder has the story from the Beverly Hilton.

• Jan 11
• 02:35

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