Dow tumbles almost 800 points amid concerns about surging oil prices
Stocks fell sharply on Wall Street on Thursday as oil prices rose further because of the war with Iran.
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Stocks fell sharply on Wall Street on Thursday as oil prices rose further because of the war with Iran.
President Trump defended his tariffs at a speech in Michigan, after he visited a factory in Dearborn.
Last-minute Christmas tree shoppers can always expect a better deal as sellers look to unload them right before the holiday.
Investors are betting a divided Federal Reserve will deliver a quarter point rate cut for a third straight time. CBS News New York's Aziza Shuler reports.
President Trump spoke about affordability and his economic agenda in the Poconos, in northeastern Pennsylvania, Tuesday night.
Black Friday may be over, but the great deals are continuing on Small Business Saturday. "CBS Saturday Morning" explores how you can save money while supporting small brands.
Those prioritizing economy say Trump is not spending enough time on it, as ratings of economy, his handling of inflation slip.
The September jobs report, which was delayed due to the government shutdown, comes amid a slowdown in hiring across the U.S.
The Treasury Department expects to save $56 million per year on materials by ceasing to make pennies.
The Federal Reserve is cutting its benchmark interest rate as the U.S. economy faces headwinds, including a faltering labor market.
With the U.S. economy facing headwinds, the Federal Reserve faces pressure to trim interest rates this week for the first time since December 2024.
The downward revision from the Bureau of Labor Statistics shows the job market was slowing in 2024 and early 2025.
President Trump on Friday signed an executive order to begin the process of renaming the Department of Defense to the Department of War.
The number of immigrant workers has declined from January through the end of July, preliminary Census data shows.
Federal Reserve Chair Jerome Powell has been under pressure from President Trump to lower the central bank's benchmark interest rate.
The U.S. officially began levying higher tariffs on dozens of countries, just as the economic fallout of President Trump's months-long tariffs threats was beginning to create visible damage to the U.S. economy.
President Trump said he ordered his administration to fire Bureau of Labor Statistics Commissioner Erika McEntarfer after the July jobs report.
U.S. Trade Representative Jamieson Greer defended President Trump's decision to fire a key official responsible for jobs reports in a CBS News interview.
The agreement avoids a trade war with the U.S.'s largest trading partner.
The Consumer Price Index in June rose 2.7% on an annual basis, in line with economists' predictions.
Procter & Gamble plans to cut non-manufacturing jobs as it seeks to compete in what the company calls an "increasingly challenging environment."
A key part of the president's agenda is blocked for now, and the ruling sent futures sharply higher overnight. CBS News New York's Christina Fan reports.
The economy shrank 0.3% in the first three months of the year, a steep downturn from the pace of growth in 2024.
President Trump has officially hit 100 days in his second term. The president plans to celebrate the milestone with a rally in Michigan. This as new CBS news polling shows many Americans are concerned about Trump's handling of the economy. Grant Reeher, political science professor at Syracuse University's Maxwell School of Citizenship and Public Affairs, breaks down the biggest moments from the last 100 days.
The president has a rally planned in Michigan, and his administration is expected to make an announcement about his 25% tariffs on foreign cars and parts.
Montclair School District Board of Education members broke down in tears as they voted to close Renaissance Middle School.
The Oklahoma City Thunder beat the Brooklyn Nets 121-92 on Wednesday night for their 10th straight win.
The New Jersey Devils beat the New York Rangers 6-3 on Wednesday night for their third straight victory.
A New York City Council employee who was detained by ICE more than two months ago must be deported, a federal judge says.
Mets fans got a sneak peek Wednesday at the new food coming to Citi Field's menu for the 2026 season.
A New York City Council employee who was detained by ICE more than two months ago must be deported, a federal judge says.
Mets fans got a sneak peek Wednesday at the new food coming to Citi Field's menu for the 2026 season.
Someone used a drone to drop a package containing knives, a cellphone and drugs onto the grounds of an upstate New York prison, the staff says.
The NYPD commissioner is slamming the federal government for cutting counterterrorism funds as she says the city remains on a heightened terror alert for the foreseeable future.
More than two years after a fire destroyed their Queens building, tenants say repairs have not even begun. Now, they're taking their landlord to court.
The New York City area will be under a wind advisory Monday with periods of heavy rain and severe thunderstorms expected across the region.
The New York area is in for a mild weekend before the weather takes a turn to start the work week.
It will be rainy on Thursday morning, and the weather will change to snow as temperatures drop across the Tri-State Area.
Thunderstorms are expected in New York, New Jersey and Connecticut this weekend after severe weather hit the Midwest.
Periods of rain will move through the New York area Thursday, but spring temperatures are on the way for the weekend.
Montclair School District Board of Education members broke down in tears as they voted to close Renaissance Middle School.
Video shows firefighters dousing the smoldering roof of the structure on Old York Road in Branchburg, New Jersey.
Grubhub is launching New Jersey's first commercial food delivery by drone. CBS News New York has learned more about the high-tech service and how it's expected to work.
Officials say James Hadley, a New Jersey coach and educator, may have assaulted other victims.
Tens of thousands of customers lost power across the New York-New Jersey area as severe weather whipped through the region.
Tens of thousands of customers lost power across the New York-New Jersey area as severe weather whipped through the region.
Ten people and six vehicles were involved in the fatal accident on Long Island, according to New York State Police. Two people in their 80s were killed.
St. John's, Hofstra and LIU are playing in the 2026 NCAA men's basketball tournament as March Madness gets in full swing.
Prosecutors said Matthew Smith fended off efforts to hand over his car keys before the crash that killed Nassau County police officer Patricia Espinosa.
A Manorville breeder was charged with animal neglect after dogs and puppies were allegedly left alone in poor conditions as a blizzard struck New York.
The Mamdani administration has asked a court to allow them to stop representing former Mayor Eric Adams in a sexual assault case.
Mayor Zohran Mamdani celebrated his first St. Patrick's Day as mayor with a dramatic show of respect for groups he may have offended in the past.
New York Gov. Kathy Hochul and the MTA have filed a lawsuit against the Trump administration for withholding funds designed to extend the Second Avenue subway west into Harlem.
The Senate voted to begin a marathon debate on the SAVE America Act, an elections bill that President Trump has been pressing Republicans to pass.
A long-time New York City driver says he monitored his E-ZPass account and paid his tolls, but he was still hit with huge late fees.
Older adults in New Jersey recorded the highest number of suspected overdose deaths in 2025, according to the New Jersey Department of Health.
The first case of mpox clade I has been detected in New York City, health officials said Friday. Of the two types of mpox, clade I is known to cause more severe disease and death.
Heights University Hospital, formerly known as Christ Hospital, shuttered its emergency room Saturday night.
New Jersey Sen. Andy Kim is opening up about his father's Alzheimer's diagnosis in hopes of helping others struggling like him to care for their loved ones.
A new study shows toxic forever chemicals known as PFAS may be entering the food chain on Long Island through contaminated soil, water and air.
Michael B. Jordan's best actor win at Sunday night's Academy Awards resonated at his alma mater, Arts High School in Newark.
"One Battle After Another" took home several big awards, including Best Picture, Best Director and the newly created Best Casting.
Hollywood's biggest stars were honored at the 98th annual Academy Awards on Sunday. Here is what to know and how to watch the 2026 Oscars.
Legendary New York City television news anchor Ernie Anastos has died. His wife says he died early Thursday morning of pneumonia.
Ballerina Misty Copeland responded to controversial comments made by actor Timothée Chalamet when he appeared to dismiss the significance of ballet and opera, saying, "No one cares."
The Oklahoma City Thunder beat the Brooklyn Nets 121-92 on Wednesday night for their 10th straight win.
The New Jersey Devils beat the New York Rangers 6-3 on Wednesday night for their third straight victory.
Mets fans got a sneak peek Wednesday at the new food coming to Citi Field's menu for the 2026 season.
The WNBA and its players' union reached a verbal agreement on a transformational new collective bargaining agreement early Wednesday morning, both sides said.
With the game tied going into the 9th, Eugenio Suárez smacked a double into left-center field to score pinch runner Javier Sonoja for what would prove to be the winning run.
The Rev. Al Sharpton is calling on New York City to help protect the Merchant's House Museum in Manhattan after a recent discovery revealed connections to the Underground Railroad.
A Harlem school is teaching students how to love, honor and care for their natural hair.
The NYC DEP has announced plans to clean Flushing Creek with chlorine, sparking outrage among some environmentalists.
Neighbors and local businesses in Long Island City, Queens, say rental trucks parked on streets are impacting daily operations.
Erik Lochtefeld is back to acting and marathon training after a glioblastoma diagnosis and complex surgery at NYU Langone.
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.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Dogs got decked out for the annual Tompkins Square Halloween Dog Parade in New York City's East Village on Saturday.
Cosplayers flooded New York City's Javits Center in October 2024 for the annual New York Comic Con convention.
Prediction markets are exploding in popularity, but not everyone is happy about it. On Tuesday, Arizona's attorney general charged the prediction market Kalshi with running an illegal gambling operation. Jo Ling Kent has the story.
The Senate has begun a marathon debate session over an elections bill dubbed the SAVE America Act. President Trump has been pushing for the legislation, claiming it's needed to prevent cheating, but Democrats argue it's really about voter suppression. Erica Brown reports from Capitol Hill.
A New York City Council employee who was detained by ICE more than two months ago must be deported, a federal judge says. The City Council speaker is calling the decision outrageous. CBS News New York's Lisa Rozner reports.
Mets fans, we hope you're hungry. Citi Field just showed off its menu additions for the 2026 season. CBS News New York's Vanessa Murdock shows us what's new.
CBS News New York's Lonnie Quinn has your First Alert Forecast for March 18 at 5:45 p.m.
