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.
Thirty-one people who were hospitalized with Legionnaires' disease on the Upper East Side have been discharged, New York City health officials said Saturday.
The surging Red Sox extended their winning streak to eight games with a 4-0 victory over the Mets on Saturday.
Trent Grisham's two-run homer in of the eighth inning gave the Yankees another comeback victory over the Nationals' bullpen, 4-2 on Saturday.
A grandmother and her 8-year-old granddaughter were killed in a house fire in Orange, New Jersey, on Saturday morning.
FIFA is selling the grass that will be used for the July 19 final at MetLife Stadium in New Jersey at $450 per piece.
Thirty-one people who were hospitalized with Legionnaires' disease on the Upper East Side have been discharged, New York City health officials said Saturday.
Manhattanhenge, a phenomenon when the sunset aligns with the Manhattan street grid, is happening Saturday and Sunday night.
Two men and a woman were shot at a basketball court late Friday night in Harlem, according to New York City police.
Jay-Z and some very special guests took over Yankee Stadium Friday night, performing to a sold-out crowd.
Two Upper West Side children went on a mission to visit 40 playgrounds in one day, hoping to set a record.
Some storms returned to the New York City and New Jersey area on Friday.
Thursday's flood warnings have been canceled for New York City and New Jersey, but storms are expected to return Friday.
Severe thunderstorms swept through New York and New Jersey on Saturday night, causing damage amid Fourth of July festivities.
The brutal heat wave caused power problems across New York City on Friday.
New York City Thursday tied the record high temperature of 100 degrees set on this date in 1966.
A grandmother and her 8-year-old granddaughter were killed in a house fire in Orange, New Jersey, on Saturday morning.
FIFA is selling the grass that will be used for the July 19 final at MetLife Stadium in New Jersey at $450 per piece.
Three New Jersey beaches were shut down after state environmental officials discovered high levels of fecal bacteria in the water.
Nadine Menendez is starting her 54-month sentence for her role in a federal bribery scheme with her husband.
Some storms returned to the New York City and New Jersey area on Friday.
Some storms returned to the New York City and New Jersey area on Friday.
The Smithtown Library on Long Island opened all of its doors Thursday, nearly two years after a wave of water flowed through the building during catastrophic flooding. CBS News New York's Jennifer McLogan reports.
Some people who watched the FourLeaf Air Show at Jones Beach over the weekend are claiming the colorful smoke from the performing planes damaged their boats.
Thursday's flood warnings have been canceled for New York City and New Jersey, but storms are expected to return Friday.
Three arrests have been made in a large-scale mail-theft scheme that struck over and over again right outside of Long Island post offices.
A landmark housing bill automatically became law overnight after President Trump declined to sign it.
Graham Platner had until 5 p.m. on Monday to formally suspend his campaign or he would remain on the ballot in November.
Nadine Menendez is starting her 54-month sentence for her role in a federal bribery scheme with her husband.
President Trump said Friday he won't sign the law, but a U.S. official said he isn't expected to veto it either.
New York City has tested about 150 cooling towers for Legionella bacteria and detected it in at least one on Manhattan's Upper East side.
Thirty-one people who were hospitalized with Legionnaires' disease on the Upper East Side have been discharged, New York City health officials said Saturday.
Healthcare leaders in New York are warning of a potential caregiver crisis if TPS is permanently revoked from immigrant healthcare workers.
New York state health officials said Friday there are now approximately 470 cases statewide of the intestinal disease cyclosporiasis since May 1.
New York City's Health Department says it identified 31 buildings where Legionella bacteria has been detected on the Upper East Side.
New York City has tested about 150 cooling towers for Legionella bacteria and detected it in at least one on Manhattan's Upper East side.
Jay-Z and some very special guests took over Yankee Stadium Friday night, performing to a sold-out crowd.
Bonnie Tyler, the Welsh pop star best known for singing the chart-topping power ballad "Total Eclipse of the Heart" in 1983, has died. She was 75.
Taylor Swift and Travis Kelce were married in a place that generates plenty of garbage, and one man figured out there is a market for it if you package it just right.
The nominations for the 78th annual Primetime Emmy Awards were announced Wednesday morning in Los Angeles, with the final season of HBO Max's "Hacks" setting a new record for the most nominations in a single year for a comedy series.
"Dolly: A True Original Musical" will take viewers on a journey of the singer's life at the St. James Theatre on West 44th Street.
The surging Red Sox extended their winning streak to eight games with a 4-0 victory over the Mets on Saturday.
Trent Grisham's two-run homer in of the eighth inning gave the Yankees another comeback victory over the Nationals' bullpen, 4-2 on Saturday.
FIFA is selling the grass that will be used for the July 19 final at MetLife Stadium in New Jersey at $450 per piece.
Jazz Chisholm Jr. hit a two-run homer in the ninth inning to lift the Yankees over the Nationals 5-3 on Friday night.
Sonny Gray shook off travel woes that led to the Red Sox making a late arrival to New York, pitching six strong innings as Boston beat the Mets 6-2 on Friday.
Two Upper West Side children went on a mission to visit 40 playgrounds in one day, hoping to set a record.
Eddie Palmieri, the East Harlem legend who revolutionized Latin music, now has a street renamed in his honor.
Services for the UnderServed's urban gardens and beehives provide therapeutic opportunities for New Yorkers with intellectual and developmental disabilities and behavioral health challenges
Religious institutions across the country are exploring how their properties can help address the affordable housing crisis, with a Brooklyn development offering a model for blending community needs with faith-based missions.
The Classical Theatre of Harlem's artistic director says Shakespeare's famous tragedy is more relevant today, though audiences can always expect a twist.
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.
A community in New Jersey is mourning the loss of a beloved grandmother and her 8-year-old granddaughter. Authorities say they were killed in a tragic house fire Saturday morning in Orange. CBS News New York's Andrew Ramos reports.
CBS News New York's Vanessa Murdock has your weather forecast for July 11 at 11 p.m.
U.S. home prices have hit an all-time high. Ali Bauman reports.
If you missed Manhattanhenge in May, your last chance to see it this year is this weekend.
Over two dozen people sickened by Legionnaires' disease on the Upper East Side are now out of the hospital, New York City health officials say.
