House approves bill to prevent rail workers strike in bipartisan vote
The House vote to impose a contract brokered by the White House but rejected by some workers was 290 to 137.
Economy
Inflation eases slightly in October
New data shows things are calming down just a bit. CBS2's John Dias explains why.
October inflation numbers out today
A slight decrease is expected, but it will still be a long way from the feds goal of 2%. CBS2's John Dias has the details.
Facebook owner Meta cuts 11,000 jobs — 13% of workforce
"I got this wrong," admits CEO Mark Zuckerberg as his company grapples with faltering revenue and broader tech industry woes.
Mortgage rates top 7%, hitting highest level since 2001
Surge in borrowing costs is pushing some buyers out of the market, while sellers face a quandary.
Liz Truss resigning as U.K. prime minister
Truss faced a fast-mounting rebellion just weeks into her tenure, with a senior member of her own party declaring he'd "had enough of talentless people."
Biden releases 15 million barrels of oil from strategic reserve
President Biden announced the release of 15 million barrels of oil from the U.S. strategic reserve as part of a response to recent production cuts announced by OPEC+ nations.
Stocks sink to new low for 2022 as recession fears mount
"The Fed isn't about to 'pivot' and there is more monetary tightening to come," said one analyst.
Inflation hitting consumers where it hurts
Wall Street continues to find its footing Wednesday after stocks tumbled to their worst day in two years following the latest inflation report. CBS2's Elijah Westbrook spoke with consumers and experts to see how they're dealing with the squeeze on their finances.
Inflation has cost of everything on the rise
Americans are now digging deeper into their wallets for everything from groceries to goods and services with no relief in sight. CBS2's Elijah Westbrook has more.
Gov. Hochul signs bill to create jobs, boost upstate economy
Gov. Kathy Hochul signed legislation designed to create jobs, reduce carbon emissions and boost economic growth upstate
New inflation numbers released Wednesday
The new report shows inflation slowed last month.
Senate passes climate, health and tax bill in major win for Democrats
The bill's passage is a significant achievement for Democrats as they look to maintain their hold on Congress in the November midterm elections.
Senate debates Inflation Reduction Act in marathon session
Senators debated amendments to the economic bill, which contains many of President Biden's climate, energy, health and tax goals.
Parliamentarian alters drug plan in Inflation Reduction Act before Senate vote
The Senate's nonpartisan rules arbiter has dealt a blow to Democrats' plan for curbing drug prices.
Surprising jobs report shows low unemployment
The Labor Department said practically all jobs lost during the pandemic have been restored.
U.S. GDP declines again
The economy shrank again in the second quarter, fueling debate about whether or not the country is in a recession. CBS News reports.
GDP report expected today
Depending on what the report says, we could be officially in a recession. CBS2's Zinnia Maldonado has more.
Federal Reserve announces interest rate hike
The Federal Reserve, as expected, announced it is raising interest rates by three-quarters of a percentage point to help tamp down inflation. CBS News' Tanya Rivero and Christina Ruffini get analysis of the economic and political impact from Ted Rossman, senior industry analyst at Bankrate.com; CBS News political correspondent Caitlin Huey-Burns; and Michelle Singletary, Washington Post personal finance columnist.
Fed expected to raise interest rates again
The move is meant to curb historically high inflation.
Federal Reserve hikes key interest rate by another 75 basis points
The rise in the federal funds rate, which is what banks charge each other for overnight loans, comes as several significant pieces of economic data are released this week.
Record inflation hitting rents, groceries and more
The newest figures are raising some serious concerns about our economy.
Inflation surges to 40-year high
Prices continue to climb for everything from gas, to food and rent. CBS2's Lisa Rozner reports.
Ben & Jerry's objects to sale of its ice cream in West Bank
Sale means brand will return to Israel and West Bank — with or without Vermont ice cream maker's support.
Feds raise interest rates to combat record inflation
This comes as Americans see consumer prices skyrocket on everything from groceries to gas. CBS2's Elijah Westbrook reports.
CBS News New York — Watch Live 24/7
Latest News
Multiple injuries reported after school bus slams into Rockland County home
Emergency responders are on the scene after a school bus slammed into a home in Ramapo.
Holiday deals live blog: Best Cyber Week deals you can still get at Walmart, Amazon and more
Discover the best holiday deals from your favorite retailers.
First Alert Weather: CBS2's Dec. 1 forecast calls for blustery winds and cold
High temperatures for Thursday will be much colder than Wednesday, as we'll only see a high of 44, which is below normal.
2022 FIFA World Cup: How to stream every soccer game
How to watch the most-watched football event on the planet -- for free.
Bronx teen shot and killed in Fordham Heights, suspects caught on video
The gunmen opened fire as the boy and his friend were walking down the street just after 9 p.m. Wednesday, according to police.
New York News
More New York News
Multiple injuries reported after school bus slams into Rockland County home
Emergency responders are on the scene after a school bus slammed into a home in Ramapo.
First Alert Weather: CBS2's Dec. 1 forecast calls for blustery winds and cold
High temperatures for Thursday will be much colder than Wednesday, as we'll only see a high of 44, which is below normal.
Bronx teen shot and killed in Fordham Heights, suspects caught on video
The gunmen opened fire as the boy and his friend were walking down the street just after 9 p.m. Wednesday, according to police.
Deadly crash shuts down portion of Long Island Expressway
A driver was speeding when their vehicle struck a guardrail and flipped multiple times, according to police.
World AIDS Day: Honoring lost lives and uplifting survivors
World AIDS Day is an opportunity to uplift the lives of people living with and affected by HIV/AIDS.
Connecticut News
More Connecticut News
First Alert Weather: CBS2's Dec. 1 forecast calls for blustery winds and cold
High temperatures for Thursday will be much colder than Wednesday, as we'll only see a high of 44, which is below normal.
First Alert Weather: Red Alert for Wednesday storms
The main threat will be gusty winds that could down some tree limbs or power lines.
Randy Cox's family not satisfied with officers' charges
Five officers are facing charges, including second-degree reckless endangerment, but the family is not satisfied.
5 New Haven police officers face charges over Black man paralyzed while in custody
Police were driving Cox to a New Haven police station June 19th to process him on a weapons charge.
Massive fire badly damages marina in Mystic, Connecticut
The marina is close to Mystic Village, a popular tourist attraction.
New Jersey News
More New Jersey News
First Alert Weather: CBS2's Dec. 1 forecast calls for blustery winds and cold
High temperatures for Thursday will be much colder than Wednesday, as we'll only see a high of 44, which is below normal.
New Jersey bear hunt put on hold
The six-week hunt was supposed to start next week.
Drivers sought in 2 separate hit-and-runs in Old Bridge
The victim in one incident was pronounced dead at the scene.
NJ creates first-in-the-nation food security advocate office
The office works to coordinate food insecurity programs.
6 men arraigned in prescription pill distribution scheme
A family physician is accused of writing prescriptions for opioids for men who then illegally sold the drugs.
Long Island News
More Long Island News
Suffolk OTB spreads Christmas cheer with Trees for Troops
They will be shipping some 500 live trees to military bases as part of the Trees for Troops program.
Need a job? Nassau County school districts want to hear from you
On Wednesday, 35 of them shared their available positions at a job fair for school support staff in Freeport.
L.I. students receive national honors for mosquito research
Brilliant science minds of four female students collaborated on the lowly but deadly mosquito.
Christmas tree farmers struggle as inflation pushes costs up
The National Christmas Tree Association says last year, a tree averaged $70. This year, a tree is $80-110.
State comptroller report says MTA to face fiscal crisis down road
Struggling transit agency could ask the state Legislature to hike state tax funds to fill the gap.
Politics
More Politics
Bill Clinton has COVID, but says he's "doing fine" thanks to vaccines
"I'm grateful to be vaccinated and boosted, which has kept my case mild, and I urge everyone to do the same," said the 76-year-old former president.
Hakeem Jeffries elected to lead House Dems' next generation
The 52-year-old from Brooklyn assumes the mantle of power as the first Black person to head a party in Congress.
NY lawmakers pushing to pass bill protecting asylum seekers
The bill would guarantee access to attorneys for immigrants who are at risk of deportation.
House committee now has access to several years of Trump's tax returns
The Supreme Court declined last week to block the release of the returns.
Mayor Adams' new plan to take mentally ill people off the streets draws questions
First responders and outreach workers are now being directed by Adams to transport people experiencing a mental health crisis on the streets or subways to a hospital if they are a danger to themselves or unable to meet their basic needs.
Health News
More Health News
World AIDS Day: Honoring lost lives and uplifting survivors
World AIDS Day is an opportunity to uplift the lives of people living with and affected by HIV/AIDS.
Experimental drug appears to slow progression of Alzheimer's disease
While some are encouraged by a new drug, critics question whether the benefits are worth the risk.
Report: FDA to allow gay men in monogamous relationships to donate blood
The Wall Street Journal is reporting the abstinence rule instituted during the pandemic will be dropped.
CDC says it's now tracking a new COVID variant known as XBB
The XBB variant has climbed to 3.1% of new COVID cases nationwide, the CDC now estimates.
Grandma alive thanks to HIV-positive heart transplant
There was no shortage of hugs and tears.
Entertainment News
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Alvin Ailey American Dance Theater kicks off holiday season
The red carpet was rolled out Wednesday for a special opening night gala.
Suspect sentenced in hit-and-run death of actress Lisa Banes
She was struck by the scooter Brian Boyd operated as she crossed a midtown Manhattan street in June 2021.
New musical based on Frank Sinatra's life in development
Sinatra's daughter said a stage production will give audiences new perspectives into her father's enduring legacy.
Famed NYC retailer J&R Music World holding memorabilia auction
The store shut down in 2014, but not before showcasing someone of the greatest acts in entertainment history.
Christine McVie, Fleetwood Mac singer and keyboardist, dies at 79
"She was the best musician anyone could have in their band and the best friend anyone could have in their life," the band said in a statement.
Sports News
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Vesey, Goodrow lead Rangers in win over Senators
Jaroslav Halak stopped 34 shots to get his first win with New York after starting 0-5-1 this season.
Kevin Durant scores 39 points, Nets beat Wizards
Brooklyn has won five in a row at home.
Allen, Bucks hang on after Giannis fouls out to edge Knicks
New York shot 42% from the field and 20% from 3-point range, plus a dismal 65% from the free throw line.
Flyers top Isles to end 10-game skid
Noah Dobson scored for the Islanders, who had won four in a row.
Julius Randle scores 36 as Knicks rout Pistons
Randle was 14 for 24 from the field. He also had seven rebounds and five assists.
The Dig
More The Dig
The Sundae Palace: Creative chocolate shapes and edible crafts are a New Hyde Park family business
"We open up the box to give them their order, and their face just shines," co-owner Gina Masi said.
Alcone Company: Hell's Kitchen's supplier of makeup, prosthetics, and fake blood is 70 years old
The shop helps Halloween partygoers and Broadway designers create characters from the spooky to the glamorous.
Neir's Tavern: A Woodhaven destination for burgers and beer was founded in 1829
"It's very cozy, warm, very creaky," owner Loycent Gordon told CBS2's Elle McLogan.
Mariscos El Submarino: A Mexican restaurant in Jackson Heights where seafood gets a spotlight
"Every time I remember my town, I remember the food," co-owner Alonso Guzman told CBS2's Elle McLogan.
Aura Designs: A South Asian bridal boutique in Albertson is a family affair
"Me and my sisters, we learned it from our parents, and my parents learned it from her parents," owner Savita Chugh told CBS2's Elle McLogan.
Latest Galleries
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Macy's Thanksgiving Day Parade marches through Manhattan
The 96th annual Macy's Thanksgiving Day Parade kicks off the holiday season for New Yorkers and visitors alike.
Macy's Thanksgiving Day Parade balloons inflated
There was excitement on the Upper West Side as balloons were inflated for the Macy's Thanksgiving Day Parade.
Britain's royal line of succession
Immediately upon the passing of Queen Elizabeth II, her eldest son, Prince Charles, became the new king. Here is a look at who else is in line.
2022 Rockefeller Center Christmas tree arrives in Manhattan
The Rockefeller Center Christmas tree arrived in Manhattan on Nov. 12, 2022.
2022 TCS New York City Marathon
More than 50,000 runners made their way through the five boroughs on the 26.2-mile course.
Latest Videos
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Latest Videos
Furry Friend Finder: Calliope
CBS2 and the New York Humane Society are helping four-legged friends find a forever home.
National Rosa Parks Day
Sixty-seven years ago today, Rosa Parks boarded a bus and refused to give up her seat.
World AIDS Day: Physician on latest treatments & prevention tools
Dr. Oni Blackstock is executive director of Health Justice and helped lead New York City's response to ending the HIV epidemic, CBS2's Cindy Hsu reports.
First Alert Weather: CBS2's 12/1 Thursday 9 a.m. update
Lonnie Quinn has the Tri-State Area's updated First Alert forecast on CBS2 News at 9 a.m.
First Alert Weather: CBS2's 12/1 Thursday 7 a.m. update
Lonnie Quinn has the Tri-State Area's updated First Alert forecast on CBS2 News This Morning.
