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.
Nicolas Fernández scored twice in the first half and Talles Magno scored late in the second to propel New York City FC to a 3-1 victory over the Colorado Rapids at Yankee Stadium on Saturday night.
The New Jersey Devils edged the Los Angeles Kings 6-4 on Saturday night.
The New York Islanders raced to an early lead and held on to beat the Calgary Flames 3-2 on Saturday.
Igor Shesterkin made 46 saves and Vladislav Gavrikov had a goal and two assists as the New York Rangers extended their winning streak to four games with a 4-2 win over the Minnesota Wild.
Six U.S. service members who were killed in a military refueling aircraft crash over Iraq last week have been identified as members of the Ohio Air National Guard and Florida-based crew members.
A taxi driver struck two pedestrians before crashing into a building on the Lower East Side on Saturday.
Bronx Week is back on. Last week, Borough President Vanessa Gibson said the multi-day event had been put on pause this year to the budget deficit.
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.
Thousands of runners are participating in the New York City half-marathon today. Here's the weather forecast, route map, street closures and everything to know about the event.
New York City Mayor Zohran Mamdani signed an executive order Friday establishing the first-ever Mayor's Office of LGBTQIA+ Affairs.
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.
Snow and rain will make for messy morning and evening commutes for New Yorkers on Tuesday. It's a First Alert Weather Day.
Four people, including two teens and two construction workers, were hurt in a house explosion in Newark, New Jersey, on Saturday.
Heights University Hospital, formerly known as Christ Hospital, shuttered its emergency room Saturday night.
The New York area is in for a mild weekend before the weather takes a turn to start the work week.
At least 10 dead geese were recently found at Verona Park in Essex County, New Jersey.
Overhead wire problems at the Portal Bridge forced the suspension of some NJ Transit and Amtrak trains Friday.
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.
A father and son died in an overnight fire on Long Island. Kenneth Roberts, 42, and his son Mekhi, 12, were trapped in intense smoke inside a basement apartment.
Jones Beach will host a series of special events commemorating America's 250th birthday this summer.
A Long Island woman is reuniting with the NYU Langone medical team that helped deliver her baby after she suffered from kidney failure.
With oil markets paralyzed by the U.S.-Iran war, the Trump administration says it could escort ships through the Strait of Hormuz — a massive undertaking that experts say could already be in the preparatory stages.
New York City Mayor Zohran Mamdani signed an executive order Friday establishing the first-ever Mayor's Office of LGBTQIA+ Affairs.
NYC Mayor Zohran Mamdani denounced Republican Sen. Tommy Tuberville's anti-Muslim social media post during a Ramadan event.
The war, which shows no signs of ending soon, has upended global air travel, disrupted oil exports from the region and sent fuel prices rising across the world.
A New Jersey toddler's death after falling more than 20 stories has prompted new legislation designed to ensure windows are properly guarded in apartment buildings across the state.
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.
Erik Lochtefeld is back to acting and marathon training after a glioblastoma diagnosis and complex surgery at NYU Langone.
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."
A woman was arrested on Sunday for firing multiple shots at the Beverly Hills home of Rihanna, Los Angeles Police Department officials say.
Actress Daryl Hannah explains why the depiction of herself in the FX miniseries "Love Story" is unacceptable in an op-ed in Friday's New York Times.
Justin Timberlake is suing Sag Harbor to prevent the release of bodycam video of his 2024 arrest for driving while intoxicated on Long Island.
Nicolas Fernández scored twice in the first half and Talles Magno scored late in the second to propel New York City FC to a 3-1 victory over the Colorado Rapids at Yankee Stadium on Saturday night.
The New Jersey Devils edged the Los Angeles Kings 6-4 on Saturday night.
The New York Islanders raced to an early lead and held on to beat the Calgary Flames 3-2 on Saturday.
Igor Shesterkin made 46 saves and Vladislav Gavrikov had a goal and two assists as the New York Rangers extended their winning streak to four games with a 4-2 win over the Minnesota Wild.
The top-seeded Red Storm became the first team to win consecutive Big East Tournament titles since Villanova took three in a row from 2017-19.
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.
Manhattan historians recently discovered a link to the Underground Railroad at the Merchant's House Museum.
The National Dance Institute in Harlem hosts a special camp twice a year to bring together dancers with and without special needs for a dance camp, proving anyone can take center stage.
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.
A 29-year-old man was shot in the arm and a 27-year-old woman suffered a graze wound to her back on McDonald Avenue in Gravesend, police said.
We're hearing from the family of a U.S. service member killed in the refueling operation in the war with Iran. CBS News' Shawna Mizelle reports.
Video shows intense flames shooting out of the top floors on Conklin Avenue, where FDNY said at least two people suffered serious injuries.
John Elliott has the Tri-State Area's updated Sunday morning First Alert Forecast on CBS News New York.
Runners are making their way from Brooklyn's Prospect Park to Central Park in Manhattan. CBS News New York's Noëlle Lilley reports.
