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.
Disgraced former Congressman George Santos has agreed to pay $35,000 to settle a federal investigation into his suspicious trades on the prediction marketplace Kalshi.
Kyle Stowers homered for the second straight night Friday, powering the Marlins to a 5-2 win over the Mets.
Toronto FC earned a 1-1 draw with New York City FC at Yankee Stadium on Friday night, but saw its winless streak reach 11 matches.
New York City's Summer Streets celebration returns to Manhattan on Saturday for the 2026 season.
There's been a report of a bigfoot sighting near the Pachaug State Forest in Connecticut.
Disgraced former Congressman George Santos has agreed to pay $35,000 to settle a federal investigation into his suspicious trades on the prediction marketplace Kalshi.
New York City's Summer Streets celebration returns to Manhattan on Saturday for the 2026 season.
For some Long Island families, the cost of supplies, clothes and other back-to-school essentials is becoming a growing challenge.
Doctors in Suffolk County have reported three cases of a rare tick-borne disease known as rabbit fever so far this summer. A 9-year-old boy shared his experiences with the illness.
There are new questions about who's looking out for New York City's children after a Bronx mother and grandmother were charged in the death of a teenager with autism.
There's been a report of a bigfoot sighting near the Pachaug State Forest in Connecticut.
Heavy rain is complicating efforts to recover a teenage boy from the West River in New Haven. Strong currents and an increased flow have made the job even more difficult.
It's another rainy day in the Tri-State Area with a flood watch for parts of New York and Connecticut.
There was a tornado warning in Sussex and Warren Counties in New Jersey as more severe weather passed through our area.
Weather conditions go downhill Tuesday and Wednesday with rain and potentially strong storms on deck for the New York area.
The body of a missing girl was found in the Passaic River in New Jersey after a two-day search, officials said.
A New Jersey police department is getting creative when it comes to cracking down on distracted drivers.
Three children were swept into the Passaic River Wednesday night. A little boy was later found dead, and a young girl is still missing.
Three kids entered the Passaic River Wednesday night. A little boy was later found dead, and investigators are still searching for one of the girls.
A CBS News Philadelphia investigation found Trenton police use-of-force incidents have increased in 2026 despite the department earning state accreditation.
Some homeowners on Long Island say teenage pranks have escalated into vandalism. A game of ding-dong ditch is keeping residents up at night and, in at least one case, has done damage. CBS News New York's Carolyn Gusoff reports.
For some Long Island families, the cost of supplies, clothes and other back-to-school essentials is becoming a growing challenge.
Doctors in Suffolk County have reported three cases of a rare tick-borne disease known as rabbit fever so far this summer. A 9-year-old boy shared his experiences with the illness.
For some Long Island families, the cost of supplies, clothes and other back-to-school essentials is becoming a growing challenge. CBS News New York's John Dias reports.
Doctors in Suffolk County have reported three cases of a rare tick-borne disease known as rabbit fever so far this summer. CBS News New York's Jennifer McLogan reports.
A Brooklyn grandmother went to the dentist hoping to fix her smile. Instead, her daughter says she lost her teeth, her health, and her independence.
President Trump said Todd Blanche will remain acting attorney general as a holdup on his nomination continues.
Republican New York gubernatorial candidate Bruce Blakeman is deploying a campaign strategy that echoes the national GOP playbook — attack Mayor Zohran Mamdani.
Dr. Anthony Fauci appeared before the Senate to testify on the origins of the COVID-19 pandemic but invoked his Fifth Amendment rights in answering all questions.
Letters have been sent to thousands of New York City homeowners, stating they may have to pay the new controversial pied-à-terre tax. But some residents say they shouldn't be on that list.
The source of exposure for the Legionnaires cluster on Manhattan's Upper East Side has been eliminated, according to the New York City Health Department.
A seventh person has died from Legionnaires' disease in connection with the Upper East Side cluster, New York City's health commissioner said Thursday.
Thirty-four cooling towers at 33 buildings on the Upper East Side tested positive for live Legionella bacteria, the New York City Health Department announced Tuesday.
An attorney representing an Upper East Side woman whose husband just died from Legionnaires' disease is planning to take legal action.
Studies show older adults are among the safest drivers on the road, but crashes involving seniors are on the rise.
A new Broadway show based on Prince's movie and album "Purple Rain" will take the stage at Broadway's Majestic Theatre in March.
Carly Simon, the singer known for 1970s hits like "You're So Vain," announced she has Parkinson's disease and also was treated for basal cell carcinoma.
Paramount Skydance on Friday said it would delay the deal until as late as June 2027.
Madonna, Justin Bieber, BTS and Shakira each brought a bit of one of their hits to the World Cup's first halftime show in a whirlwind performance Sunday that also squeezed in Burna Boy, Ted Lasso and many Muppets.
Brenda Fricker won an Academy Award for 1989's "My Left Foot," played the Pigeon Lady in "Home Alone 2" and appeared in "A Time to Kill" and "So I Married an Axe Murderer."
Kyle Stowers homered for the second straight night Friday, powering the Marlins to a 5-2 win over the Mets.
Toronto FC earned a 1-1 draw with New York City FC at Yankee Stadium on Friday night, but saw its winless streak reach 11 matches.
Will Warren pitched four-hit ball into the seventh inning, Amed Rosario and rookie Spencer Jones each homered and the New York Yankees beat the Chicago Cubs 2-0.
Luis Robert Jr. had a two-run single to cap an eighth-inning rally in the Mets' 4-2 victory over the Marlins on Thursday night.
Tristan Peters drew a bases-loaded walk in the 11th inning to force in automatic runner Chase Meidroth and the Chicago White Sox edged the Yankees 2-1.
Parents in Harlem say their children's walk to summer camp is littered with trash, illegal dumping and a growing encampment.
A specialized program from God's Love We Deliver is serving nearly 400 veterans with medically tailored meals, while helping combat isolation and ease the challenges of life after military service.
The Newtown Creek Alliance community science project gives students hands-on experience monitoring the health of one of the most polluted waterways in the U.S.
The FIFA World Cup is delivering a business boost for many bars and restaurants across New York City, but not every industry is seeing the same payoff.
Two Upper West Side children went on a mission to visit 40 playgrounds in one day, hoping to set a record.
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 Scott Padgett has your First Alert Forecast for July 31 at 11 p.m.
The Intrepid Museum continued its summer movie series Friday night with a showing of "National Treasure."
Disgraced former New York Congressman George Santos has agreed to pay $35,000 to settle a federal investigation into suspicious trades.
Saturday marks six months since the disappearance of Nancy Guthrie. Friday, a pair of emails were released, believed to be sent by the kidnappers after she was taken. CBS News New York's Dick Brennan reports.
A Bronx community wrapped their arms around a grieving family Friday night at a vigil for 12-year-old Jacob Freytes, who was killed in a stray bullet shooting last weekend. CBS News New York's Jennifer Bisram reports.
