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.
A tractor-trailer driver is hospitalized after crashing headfirst into a two-story building in Clifton, New Jersey early Monday morning.
The U.S. is hours from blockading Iran's ports, President Trump says, along with the Strait of Hormuz. CENTCOM says vessels that avoid Iranian ports will be allowed to use the strait.
Nico Hischier scored his second goal of the game on the power play with 1:45 left in overtime to give the New Jersey Devils a 4-3 win over the Ottawa Senators on Sunday night.
Nick Suzuki had a goal and an assist and the Canadiens beat the Islanders 4-1 on Sunday, eliminating New York from playoff contention.
With Sunday's 110-96 loss to the Hornets, the Knicks finished the regular season 53-29 and with the No. 3 seed in the Eastern Conference playoffs.
Mayor Zohran Mamdani said La Marqueta in East Harlem, a site owned by New York City, will be developed into the city's first city-run grocery store.
Zohran Mamdani, New York City's first social influencer mayor, has reached 100 days in office, and he's been busy.
A major warmup, featuring summer-like temperatures in the 80s, will take over the Eastern Seaboard beginning Monday.
A man with a machete slashed and injured three people at Grand Central in New York City before he was fatally shot by police, the NYPD said.
Hundreds of New York City firefighters spent hours battling a massive fire at a factory in Queens on Friday night
A major warmup, featuring summer-like temperatures in the 80s, will take over the Eastern Seaboard beginning Monday.
New York City and the Tri-State Area are finally turning the corner to warmer weather this week.
When UConn plays Michigan for the NCAA Men's Basketball championship tonight in Indianapolis, there are a few places in New York City where fans can root on their schools.
The average price for a gallon of gas in New York City is now $4.11, which is 82 cents higher than a month ago, according to AAA.
Rain has returned for Easter Sunday in the New York area after the holiday weekend kicked off with May-like weather.
A tractor-trailer driver is hospitalized after crashing headfirst into a two-story building in Clifton, New Jersey early Monday morning.
Yeison Cortes Vasquez was back at his church in Elizabeth, New Jersey, on Sunday, one day after being released from U.S. Immigration and Customs Enforcement custody.
A major warmup, featuring summer-like temperatures in the 80s, will take over the Eastern Seaboard beginning Monday.
A mass shooting at Chick-fil-A in Union Township, New Jersey, left one person dead and six others wounded, officials said.
A New Jersey pastor who was taken into custody by ICE agents in March has been released.
A major warmup, featuring summer-like temperatures in the 80s, will take over the Eastern Seaboard beginning Monday.
The brutal winter took out much of Southold Town Beach's sand and parking lot, forcing it to close for swimming this summer.
It's been one year since Peishuan Fan and JuanJuan Zwang, a wealthy Long Island couple, vanished without a trace.
Gilgo Beach serial killer Rex Heuermann answered a judge's preliminary questions before pleading guilty to murdering seven women and admitting to killing an eighth.
Rex Heuermann pleads guilty to murdering seven women tied to the years-long Gilgo Beach serial killer investigation.
Yeison Cortes Vasquez was back at his church in Elizabeth, New Jersey, on Sunday, one day after being released from U.S. Immigration and Customs Enforcement custody.
Mayor Zohran Mamdani said La Marqueta in East Harlem, a site owned by New York City, will be developed into the city's first city-run grocery store.
Zohran Mamdani, New York City's first social influencer mayor, has reached 100 days in office, and he's been busy.
A former staffer of Rep. Eric Swalwell said he allegedly forced himself on her after they met for drinks in New York in 2024.
Gas prices put pressure on pocketbooks — and President Trump's ratings — as Iran war continues.
Advocates fear New York state could be taking a step back when it comes to biomarker testing access for those with Medicaid.
What started as a sinus infection left a Long Island teenager fighting for his life, requiring emergency brain surgery.
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.
Afrika Bambaataa, a rapper and producer, was best known for breakthrough tracks like 1982's "Planet Rock" and for founding the Universal Zulu Nation art collective.
A federal judge in New York has tossed out actor Blake Lively's sexual harassment claims against actor Justin Baldoni over their roles in the movie "It Ends With Us," but left intact a claim for retaliation.
Atlanta rapper Gucci Mane was lured to a Dallas studio for a meeting, then allegedly kidnapped and robbed by a group including rappers Pooh Shiesty and Big30.
Megan Thee Stallion was released from a New York City hospital after she got sick during a performance of "Moulin Rouge! The Musical."
The price hike raises the cost of the standard plan with ads by $1 per month and the cost of the standard and premium plans by $2.
Nico Hischier scored his second goal of the game on the power play with 1:45 left in overtime to give the New Jersey Devils a 4-3 win over the Ottawa Senators on Sunday night.
Nick Suzuki had a goal and an assist and the Canadiens beat the Islanders 4-1 on Sunday, eliminating New York from playoff contention.
With Sunday's 110-96 loss to the Hornets, the Knicks finished the regular season 53-29 and with the No. 3 seed in the Eastern Conference playoffs.
The Raptors clinched their first playoff berth in four seasons by beating the Nets 136-101 on Sunday in the regular-season finale for both teams.
Rory McIlroy of Northern Ireland won the 2026 Masters Tournament at Georgia's Augusta National, claiming his second straight green jacket.
New York City business owners are pushing on the State Legislature to pass Gov. Kathy Hochul's reforms that would roll back some of the climate legislation passed by New York state in 2019.
Ismael Ox lost his right hand as a child in a grenade attack, survived homelessness in the U.S., and became a citizen, all while training to represent Team USA in para Taekwondo.
These kids from Brooklyn are playing tennis in their school hallways, cafeterias and auditoriums, to make the most of limited space and resources.
Preparations for Passover in Brooklyn blend centuries-old rituals with modern traditions unique to each family.
New York has filed a lawsuit against solar company Attyx, saying it didn't just sell panels, it sold promises it couldn't keep.
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.
New York Knicks captain Jalen Brunson gave a Brooklyn teen a $60,000 scholarship.
A cat was found sitting on the train tracks between Lindenhurst and Babylon on Long Island. It was safely removed and rescued.
President Trump said a U.S. blockade of Iran's ports will begin at 10 a.m. EDT Monday, and that the U.S. will also partially blockade the Strait of Hormuz. CBS News New York's Aziza Shuler reports.
A tractor trailer plowed into a building in Clifton overnight. CBS News New York's Christina Fan reports.
The week starts off with highs in the upper 70s for parts of the Tri-State Area, and temperatures are expected to reach into the 80s during the week. CBS News New York Meteorologist Tony Sadiku has the forecast.
