Stock market plummets after Fed forecasts fewer rate cuts in 2025
The stock market is down sharply today after the Federal Reserve forecast fewer interest rate cuts in 2025 than expected.
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The stock market is down sharply today after the Federal Reserve forecast fewer interest rate cuts in 2025 than expected.
The Federal Reserve on Wednesday moved to lower its benchmark rate by 0.25 percentage points, but said it plans fewer cuts in 2025.
Trump's lawyers said his conviction in state court should not stand because he was elected president after his conviction.
CBS News New York's Jennifer Bisram takes a look at what this means for his presidency.
President-elect Donald Trump says he would "look at" a pardon for New York City Mayor Eric Adams, who has been indicted on corruption charges.
Adams has pleaded not guilty to five charges, including conspiracy to commit wire fraud, solicitation of a contribution by a foreign national, and bribery. CBS News New York's Dick Brennan reports.
President-elect Donald Trump's cabinet picks are making the most of lawmakers' time in Washington before the holidays. CBS News New York's Naomi Ruchim reports.
Meanwhile, ABC News agreed to contribute $15 million to Trump's library and foundation to settle a lawsuit against anchor George Stephanopoulos and the network. CBS News New York's Bradley Blackburn reports.
President-elect Donald Trump huddled with allies while attending one of college football's biggest rivalries.
ABC News agreed to contribute $15 million to President-elect Donald Trump's presidential foundation and museum to settle the defamation suit filed by Trump.
President-elect Donald Trump spent Saturday watching the annual Army-Navy football game. As CBS News' Cristian Benavides reports, Trump was also joined at the game by one of his more controversial Cabinet picks.
Daniel Penny, the veteran acquitted of homicide in the choking death of Jordan Neely, will join Donald Trump in his suite at the Army-Navy football game.
New York City Mayor Eric Adams met with President-elect Donald Trump's incoming "border czar" Tom Homan on Thursday.
There are questions about how policies in the Big Apple could change. CBS News New York's Dick Brennan reports.
Here's a list of people President-elect Donald Trump has chosen for critical Cabinet posts and top White House jobs.
President-elect Donald Trump's plan for mass deportation intensified as New York City Mayor Eric Adams met with his incoming "border czar." CBS News New York's Marcia Kramer reports.
The short list for Time's 2024 Person of the Year included Donald Trump, Kamala Harris, Kate Middleton, Elon Musk and Benjamin Netanyahu.
Faith and community leaders joined immigrant New Yorkers for a rally outside City Hall ahead of the meeting, saying they are worried it signals the city's willingness to align with the Trump administration's immigration policies. CBS News New York's Natalie Duddridge reports.
New York City Mayor Eric Adams is meeting with President-elect Trump's incoming "border czar" Tom Homan.
President-elect Donald Trump announced in November that he intended to name Kash Patel to replace Cristopher Wray as FBI director.
New York state's attorney general and Manhattan's district attorney say President-elect Donald Trump's criminal and civil cases should not be dismissed.
Trump said of the Jan. 6 defendants and convicts, "I'm going to be acting very quickly," he told NBC News' "Meet the Press."
Watch Mayor Eric Adams' full interview on "The Point with Marcia Kramer" from Dec. 8, 2024.
Mayor Eric Adams will meet with President-elect Trump's border czar next week and says he has suggestions to combat New York City's migrant crisis. CBS News New York's Marcia Kramer reports.
Trump in a statement said the two will work to "dismantle Government Bureaucracy, slash excess regulations, cut wasteful expenditures, and restructure Federal Agencies."
Benjamin Netanyahu is expected to focus on Iran, and on defending Israel's actions in Gaza and the West Bank amid condemnation from fellow leaders at the U.N.
The "Opera for All" lottery will be for New Yorkers who haven't attended a performance at the Met since 2019.
There will be a rally to welcome Israeli Prime Minister Benjamin Netanyahu and another to protest the war in Gaza ahead of his speech Thursday.
Marcus Semien hit a tiebreaking homer in the eighth inning against his former team and Brett Baty added a pinch-hit grand slam in the ninth as the New York Mets beat the Texas Rangers 7-2.
Police in Edison, New Jersey, will soon have more places to track vehicles entering and leaving the township.
The "Opera for All" lottery will be for New Yorkers who haven't attended a performance at the Met since 2019.
There will be a rally to welcome Israeli Prime Minister Benjamin Netanyahu and another to protest the war in Gaza ahead of his speech Thursday.
New York City health officials have identified cooling towers potentially linked to a Legionnaires' disease cluster in the South Bronx.
A massive rally against antisemitism was held Wednesday across from the United Nations near East 47th Street and Second Avenue.
A Long Island musician has landed his dream gig after being chosen as the new frontman of Quiet Riot.
The Beardsley Zoo in Bridgeport announced it welcomed its first-ever red panda cub, marking an important achievement for the endangered species.
Rain totals on Sunday were much less substantial compared to last Sunday's prolific totals, generally averaging less than 1 inch in most locations.
Fire departments were hard at work in Paterson, New Jersey, and Fairfield County, Connecticut, due to flash flooding on Sunday morning.
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.
Police in Edison, New Jersey, will soon have more places to track vehicles entering and leaving the township.
Winds were already cranking along the Jersey Shore, and the storm will mean prolonged problems along the coast.
Jaxson Dart is once again the Giants' future at quarterback now that his feared season-ending left knee injury has become a reality.
Dozens in Keyport, New Jersey, packed a meeting Tuesday as the state unveiled long-awaited test results from a former landfill.
Amid speculation Jaxson Dart's knee injury is worse than first thought, Giants head coach John Harbaugh says "evaluations are ongoing."
CBS News New York's Marcia Kramer has more on whether their strategies are working.
The trailblazing heavy metal band put out an open call to anyone who could belt out their famous hits. CBS News New York's Carolyn Gusoff reports.
A Long Island musician has landed his dream gig after being chosen as the new frontman of Quiet Riot.
The race for New York governor between incumbent Kathy Hochul and Nassau County Executive Bruce Blakeman, her challenger, has narrowed to single digits, according to the latest Siena poll.
The water quality is slowly improving in the Long Island Sound, according to a local nonprofit.
There will be a rally to welcome Israeli Prime Minister Benjamin Netanyahu and another to protest the war in Gaza ahead of his speech Thursday.
A federal judge signaled he is skeptical of President Trump's ban on CNN, MS NOW and Politico from White House grounds.
The race for New York governor between incumbent Kathy Hochul and Nassau County Executive Bruce Blakeman, her challenger, has narrowed to single digits, according to the latest Siena poll.
As Iran responds to Trump's threat of annihilation with its own warning of a possible "new front" in the war, global oil prices are rising again.
New York City bodegas are now joining a push to change state law so that they can start selling wine and even hard liquor.
New York City health officials have identified cooling towers potentially linked to a Legionnaires' disease cluster in the South Bronx.
NYU Langone has reached an agreement with the Justice Department to end gender-affirming care for minors.
A second person has died in the Legionnaires' disease cluster in the South Bronx.
Some people in Keyport, New Jersey, claim the site of a former aircraft manufacturing plant is to blame for a growing number of cancer diagnoses, but the state says otherwise.
Affordable Care Act recipients in 30 states are set to receive the $500 checks starting in October. Here's why.
The "Opera for All" lottery will be for New Yorkers who haven't attended a performance at the Met since 2019.
A Tennessee judge granted Dolly Parton's estate a temporary restraining order Wednesday against the late singer's nephew Bryan Seaver and his private security company.
A Long Island musician has landed his dream gig after being chosen as the new frontman of Quiet Riot.
An autopsy by the Greenville County Coroner's Office determined Hayden Panettiere's death was due to an accidental overdose of several drugs, including fentanyl.
Presley Gerber, the son of Cindy Crawford and Rande Gerber, has died at 27, a family spokesperson has confirmed.
Marcus Semien hit a tiebreaking homer in the eighth inning against his former team and Brett Baty added a pinch-hit grand slam in the ninth as the New York Mets beat the Texas Rangers 7-2.
The New York Yankees beat the Tampa Bay Rays 9-2 on Wednesday night.
Jaxson Dart is once again the Giants' future at quarterback now that his feared season-ending left knee injury has become a reality.
The Mets beat the AL West-leading Rangers 6-3 on Tuesday night in their first game with Andy Green as their full-time manager.
The Rays beat the Yankees 6-1 on Tuesday in the second game of a day-night doubleheader to clinch their fifth AL East title.
Maimonides Medical Center expanded its neonatal intensive care unit to 48 beds in 2024, the largest Level IV NICU in Brooklyn, as families navigate lengthy hospital stays with their most fragile newborns.
Neighbors have been waiting since 2021 for the bridge over the Belt Parkway to be rebuilt and reconnect Bath Beach with the waterfront.
The People's Theatre now has its first permanent home in more than 15 years, thanks to help from theater legends from the neighborhood, like Lin-Manuel Miranda.
Brooklyn Greenway Initiative's 1.8-acre native plant sanctuary marks 10 years at a site where historians believe hundreds of human remains still lie
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.
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.
ConsumerAffairs ranked New York and New Jersey's public transit system second in the country.
Media outlets banned from the White House should have their access restored for now as President Trump hosts Chinese President Xi Jinping. CBS News New York's Jarred Hill reports.
A 45-year-old man was shot in the back during an attempted robbery early Thursday morning in Queens, police said.
The Rockettes are kicking off the holiday season with a new tap dance number to the classic "Carol of the Bells."
Organizers say the final call will come from the city and the Parks Department over whether it's safe for the show to go on.
