McCarthy says debt ceilng meeting with Biden "productive"
President Biden and House Speaker Kevin McCarthy huddled yet again as the debt ceiling "X" date nears.
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President Biden and House Speaker Kevin McCarthy huddled yet again as the debt ceiling "X" date nears.
McCarthy said Sunday that he had a "productive" call with Mr. Biden as the president returns from the G-7 conference in Japan.
House Speaker Kevin McCarthy said Sunday that he and President Joe Biden had a "productive" call,.
The federal government is less than two weeks away from going into default without a deal.
Without a deal, Treasury Secretary Janet Yellen has said the U.S. could be unable to pay its bills and might default on its debt as soon as June 1.
There's deadlock over the debt ceiling as we get closer to a major deadline. Republicans say they are not confident a deal can be reached before the nation defaults. Cristian Benavides reports for CBS2.
"It's hard to overstate how bad it would be," one expert said. Everything from Social Security payments to your retirement fund could get hit.
Former President Donald Trump said in a CNN town hall that Carroll's story was "fake" and "made up," despite the swift and unanimous verdict.
"No one should assume that the Fed can… really protect the economy and the financial system, and our reputation globally, from the damage such an event might inflict," Federal Reserve Chairman Jerome Powell said.
Republicans and Democrats still appear far apart on raising or suspending the debt ceiling. The five leaders are expected to meet again Friday.
The treasury secretary moved up her estimate of when the U.S. risks defaulting on its debt.
McCarthy is in a showdown with Pres. Biden over raising the debt ceiling.
The fight over the nation's debt limit could have very real implications on everything from your 401(k) to Social Security.
If Congress doesn't act, financial experts warn interest rates could go up on loans and mortgages, and the stock market could be in for another bumpy ride.
Senate Democrats still don't like the idea of using the budget maneuver to raise the debt limit.
Democrats and Republicans in the Senate reached a deal to extend the debt ceiling through early December, avoiding what could have been an economic disaster.
Senate leaders have taken control of efforts to avert a Treasury default and end the partial shutdown of the federal government.
The average home heating oil prices in Connecticut hover at the $3.60 per gallon mark.
Congress has failed to pass a budget for the last several years but some senate Democrats, including Connecticut's Richard Blumenthal, sense a change in the air.
President Barack Obama demanded Monday that Congress raise the federal debt limit quickly and said he will soon ask Congress to enact new gun legislation in the wake of the shootings a month ago in Newtown, Conn.
With one month to go before we reach the fiscal cliff, Republicans are going to have to figure out how to do something serious for a change instead of grandstanding and avoiding specifics.
Speaker John Boehner believes he holds a strong hand in fiscal cliff and debt limit talks. He is, once again, taking the global economy hostage and playing politics with the U.S. debt limit.
Grover is the ultimate in single interest constituencies in Washington. He is not accountable to anybody. He does not disclose who funds him, who pays him to do what he does or how much he is paid to blackmail GOP Members of Congress to sign his pledge not to raise taxes.
Investors hoping for relief from last week's volatility in the stock market found it Monday.
Even a survey showing Americans are dismayed about the economy didn't stop the gains on Wall Street today.
Jake Rogers hit a tiebreaking two-run homer off Jefry Yan with two out in the ninth inning, and the Chicago White Sox topped the New York Mets 6-4.
Interfaith leaders and the NYPD commissioner addressed the Central Synagogue congregation Friday night, marking one week since police say a man disrupted Shabbat services there.
The New York Yankees beat the Toronto Blue Jays 3-1 on Friday night for their fifth straight victory.
Geno Smith threw for a touchdown during a brief preseason appearance and the New York Jets defeated the Pittsburgh Steelers 17-0.
The 2026 New York City Summer Streets season comes to an end Saturday with festivities in Brooklyn and the Bronx.
Interfaith leaders and the NYPD commissioner addressed the Central Synagogue congregation Friday night, marking one week since police say a man disrupted Shabbat services there.
The 2026 New York City Summer Streets season comes to an end Saturday with festivities in Brooklyn and the Bronx.
Zero-proof beverages are having a moment, especially at Westchester County's first "spirit-free bottle shop."
Multiple people in one Queens neighborhood say their homes are repeatedly getting flooded out when storms hit.
The Milleridge Inn in Jericho went up in flames Thursday night. It's a piece of Long Island history. The main restaurant dates all the way back to 1672.
Friday's quiet weather was a much-needed respite from a tumultuous weather day on Thursday, but it won't last long.
Rainy weather returns to the New York City area Sunday, bringing with it the threat of flooding.
Bayonne, New Jersey, is heading to the Little League World Series after beating Darien, Connecticut, in the Metro Region Tournament on Friday.
We're in great shape on this Friday as we gear up for another weekend.
The potential for severe storms and downpours returns to the Tri-State Area Monday as sweltering temperatures continue.
The undefeated Bayonne, New Jersey, all-star Little Leaguers beat West Chester, Pennsylvania, on Friday night in their second game in the Little League World Series.
Friday's quiet weather was a much-needed respite from a tumultuous weather day on Thursday, but it won't last long.
Bayonne is still riding the high from Wednesday night's Little League World Series game, where the boys beat Massachusetts 2-1.
Bayonne, New Jersey, is advancing to the next round of the Little League World Series.
Researchers say an alarming study on cognitive decline is specific to the African American community in Newark, New Jersey.
The clean-up at a Long Island beach club after Thursday's tornado will take some time. CBS News New York's Adi Guajardo reports.
The Milleridge Inn in Jericho went up in flames Thursday night. It's a piece of Long Island history. The main restaurant dates all the way back to 1672.
Hundreds of people were near the Sun & Surf Beach Club in Atlantic Beach when a tornado hit.
It's a piece of Long Island history, dating back centuries. It's one of the oldest operating restaurants in America - the main restaurant dates all the way back to 1672. CBS News New York's John Dias reports.
The tornado hit the Sun and Surf Beach Club at around 6:50 p.m. Thursday. CBS News New York's Carolyn Gusoff reports.
A federal appeals court said the top federal prosecutor in the Northern District of New York was unlawfully serving when he subpoenaed state Attorney General Letitia James.
A New York woman is accused of plotting "a major attack" on the state Capitol building in Albany, authorities said Thursday.
The Democratic National Committee is on the hunt for the best host city for the 2028 Democratic convention.
As we approach the 25th anniversary of the Sept. 11, 2001, terror attacks, there is an ongoing fight to repair Jersey City's memorial for the victims.
President Trump said Tuesday that the U.S. and Canada have reached a last-minute agreement to pause the 50% tariffs.
A New Yorker has tested positive for West Nile virus, the city health department announced Wednesday.
Researchers say an alarming study on cognitive decline is specific to the African American community in Newark, New Jersey.
Moderna and Merck announced study results that reflect a "landmark moment" in treatment for one of the deadliest forms of skin cancer.
Two more deaths have been reported in connection to the Legionnaires' disease cluster on the Upper East Side, health officials said Friday.
Jones Beach is back open for swimmers after it was prohibited due to elevated bacterial levels. The rare shutdown took place from Thursday afternoon through midday Friday.
"Today, Elwood and I lost a great friend and collaborator, and the world lost one of the most naturally innovative drummers and a great and true son of Texas," ZZ Top's Billy Gibbons said in a statement.
Brian Hickerson and his brother, Zach, made the 911 call that brought first responders to the apartment where Hayden Panettiere was found unresponsive.
Hayden Panettiere, who starred in "Remember the Titans" as a child actor and rose to fame in the series "Heroes," has died at the age of 36. The coroner's office says she was found in cardiac arrest.
The lineup for the 2026 Global Citizen Festival in New York City was announced Thursday.
Latin music stars Marc Anthony, Feid, and others are set to perform at a benefit concert in Miami on August 16.
Jake Rogers hit a tiebreaking two-run homer off Jefry Yan with two out in the ninth inning, and the Chicago White Sox topped the New York Mets 6-4.
The New York Yankees beat the Toronto Blue Jays 3-1 on Friday night for their fifth straight victory.
Geno Smith threw for a touchdown during a brief preseason appearance and the New York Jets defeated the Pittsburgh Steelers 17-0.
The undefeated Bayonne, New Jersey, all-star Little Leaguers beat West Chester, Pennsylvania, on Friday night in their second game in the Little League World Series.
The New York Police Department explained its security plans to keep more than a million fans and hundreds of players safe ahead of the U.S. Open.
The DSNY reported an increase in needle stick injuries for New York City sanitation workers.
A Queens homeowner says that overgrown city trees on her block are creating a safety hazard at night.
Neighbors say Flushing Meadows Corona Park has been falling into disrepair for years.
The owner of a beloved Harlem food truck known for its burgers under $5 is retiring and selling the business.
The historic Art Deco bathhouse at Jacob Riis Park is getting a new life as the Rockaway Ocean Club. But as the long-dormant building reopens, some locals are questioning who will have access to its amenities.
People dressed in elaborate headgear and paraded up Fifth Avenue for New York City's Easter Sunday tradition.
The Halloween tradition strolled through Manhattan's East Village on Sunday, with furry friends dressed in colorful costumes.
A suspect was taken into custody after an attack on Pearl Street Mall in Boulder on June 1 in which there were 15 people and a dog who were victims. The suspect threw Molotov cocktails that burned some of the victims, who were part of a march for Israeli hostages.
The annual Easter Parade and Easter Bonnet Festival was held in Manhattan on April 20, 2025.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
CBS News New York's Lonnie Quinn has your First Alert Forecast for August 21 at 11 p.m.
The clean-up at a Long Island beach club after Thursday's tornado will take some time. CBS News New York's Adi Guajardo reports.
Interfaith leaders and the NYPD commissioner addressed the Central Synagogue congregation Friday night, marking one week since a man disrupted Shabbat services there. CBS News New York's Lisa Rozner reports.
There are growing privacy concerns over Meta's AI glasses and people being recorded without their consent. Anna Schecter has been following the trend.
Hundreds of women have rallied outside a Massachusetts courthouse throughout the trial of Lindsay Clancy to support her and her postpartum mental health struggle. Shanelle Kaul met with one woman who's sharing her experience with the condition.
