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.
The New York Yankees beat the New York Mets 6-4 on Friday night.
Two people were injured after a New York City police officer accidentally discharged their weapon Thursday, police say.
Rainy weather makes a return to the New York City area this weekend.
Just up the road from the World Trade Center site, the DSNY unveiled a plaque at their garage on Spring Street.
NYPD Officer Karen Selena Hill was one of almost 800 recruits to graduate from the NYPD Academy class that was pushed into active duty while still training on 9/11.
Two people were injured after a New York City police officer accidentally discharged their weapon Thursday, police say.
Rainy weather makes a return to the New York City area this weekend.
Just up the road from the World Trade Center site, the DSNY unveiled a plaque at their garage on Spring Street.
NYPD Officer Karen Selena Hill was one of almost 800 recruits to graduate from the NYPD Academy class that was pushed into active duty while still training on 9/11.
The terror attacks on Sept. 11, 2001, tested the faith of many, but for Tom Colucci, it led to the calling of priesthood.
Rainy weather makes a return to the New York City area this weekend.
After a week filled with periods of storminess and high humidity, a calmer and drier weather pattern is settling in for the holiday weekend.
Severe storms returned to the Tri-State Area, making it a soggy Thursday morning.
The rain returns Tuesday with the possibility of severe storms and downpours that can cause flash flooding in the New York City area.
Activity by ICE agents is putting a chill on the economy in parts of Connecticut after an estimated 100 people were recently grabbed off the streets of Danbury and other communities.
Rainy weather makes a return to the New York City area this weekend.
The tragedy of 9/11 hit one New Jersey community harder than any other. Middletown had 37 residents killed in the attacks, more than any other town outside the five boroughs.
Middletown, New Jersey, had more residents killed in the terror attacks on Sept. 11, 2001, than any other town outside of New York City.
The Empty Sky Memorial at Liberty State Park in Jersey City honored the hundreds of New Jersey residents killed in the 9/11 attacks Thursday.
A United States Army intelligence officer from New Jersey is reflecting on his service, which he says was inspired by his desire to serve his country and combat Islamophobia.
The New York City area marked 25 years since the moment the city changed forever and thousands of friends, family and loved ones were killed. CBS News New York's Dick Brennan, Jennifer McLogan and Larry Ridley report.
NYPD Officer Karen Selena Hill was one of almost 800 recruits to graduate from the NYPD Academy class that was pushed into active duty while still training on 9/11.
In Hempstead, students born years after 9/11 heard firsthand from those who lived through it.
Families and friends gather at Point Lookout every year to remember their loved ones who died because of the 9/11 terror attacks.
Many remember an image featuring longtime FDNY firefighter Bob Beckwith that spread around the world in the days following the 9/11 attacks -- an image of bravery and hope.
The trial of Khalid Sheikh Mohammed and three other alleged 9/11 plotters is scheduled to begin in June 2028.
Four former presidents were at the World Trade Center memorial site for 9/11 commemorations, while President Trump spoke at the Pentagon.
Many remember an image featuring longtime FDNY firefighter Bob Beckwith that spread around the world in the days following the 9/11 attacks -- an image of bravery and hope.
As governor of New York on Sept. 11, 2001, George Pataki was responsible for many of the decisions being made at the highest level of state government. He recently reflected on that somber day.
Former President George W. Bush gave rare remarks on Wednesday as Americans mark 25 years since the Sept. 11 terrorist attacks.
One person has died and a total of five people have been sickened by Legionnaires' disease in the Bronx.
As of late August, the September 11th Victim Compensation Fund has received 112,000 claims, awarding more than $18 billion.
A cosmetic treatment that promises breast enhancement without surgery is now at the center of a fight over who regulates human tissue in New York.
Twenty-five years after the terrorist attacks on Sept. 11, 2001, the health threat hasn't ended for many survivors.
New York City officials released thousands of previously unseen documents questioning the air quality at Ground Zero following the 9/11 attacks.
Grammy and Emmy Award-winning musician Lizzo made a surprise visit to meet Brooklyn students and debut her new children's book.
Some are calling for Macklemore to be removed from Ed Sheeran's Loop tour after he used part of his opening performance on Friday and Saturday nights at MetLife Stadium to share his pro-Palestinian views about the war in Gaza.
The Met's decision to highlight the work by designer John Galliano sparked widespread controversy due to his history of antisemitic and racist comments.
Tim Curry was known for his iconic performances in cult classics like "The Rocky Horror Picture Show" and the original screen adaptation of Stephen King's "It."
President Trump said that he would be "lowering the American flag" throughout the nation for one week in Dolly Parton's honor.
The New York Yankees beat the New York Mets 6-4 on Friday night.
The New York Yankees beat the Colorado Rockies 10-3 on Thursday night to tighten the AL East race.
Jude Terry and Armindo Sieb each scored a goal, Hugo Lloris had his MLS-leading 12th shutout this season, and Los Angeles FC beat the New York Red Bulls 2-0 to snap a six-game winless streak.
Rookie George Lombard Jr. became the second-youngest player in Yankees' history to hit a grand slam as New York beat the Rockies 6-1 on Wednesday night.
Dániel Gazdag scored in the third minute of second-half stoppage time to rally the New England Revolution to a 2-1 victory over New York City FC on Wednesday night at Citi Field.
At a Bay Ridge school, students who were born years after the attacks are learning about Sept. 11 through the stories of parents, teachers and first responders who lived through it.
Former Mets players from the 2001 season were at Ladder 25 on the Upper West Side on Tuesday.
Grammy and Emmy Award-winning musician Lizzo made a surprise visit to meet Brooklyn students and debut her new children's book.
A Bronx pizzeria is proving that kindness is contagious by giving slices to hungry New Yorkers.
Brooklyn Community Services says keeping its mobile shower program running is becoming increasingly difficult as the costs of fuel, hygiene products and other expenses rise.
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 fire broke out at an autobody shop on Staten Island on Friday.
Two people were injured after a New York City police officer accidentally discharged their weapon Thursday, police say.
Part of a tree fell on a man in Central Park on Friday.
In New Jersey, families gathered to mourn and reflect on 25 years since 9/11. The community of Middletown is on a mission to make sure future generations never forget. CBS News New York's Andrew Ramos reports.
From ceremonies to services, New York City came together Friday to mark 25 years since 9/11. CBS News New York's Jennifer Bisram, Adi Guajardo and Larry Ridley report.
