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
Economy
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.
Federal Reserve raises interest rates amid fears of inflation
CBS2's Nick Caloway has more on what this could mean for your wallet and investments.
Fed hikes key interest rate 0.75 percentage points as it battles inflation
"Inflation is much too high," Fed Chair Jay Powell said of the U.S. central bank's largest rate hike since 1994.
Stock downturn and inflation a double whammy
Many Americans are worrying about their retirement funds as stocks dropped drastically yesterday. CBS2's Elijah Westbrook has more on what this means.
Stocks plunge amid inflation fears
Futures are higher this morning, but it follows more big losses Monday. CBS2's Elijah Westbrook has more on what it means for the average investor.
Inflation soars to 4-decade high
The Labor Department reports prices may surge 8.6%.
Fordham economics professor makes tough predictions on inflation
Dr. Giacomo Santangelo makes some painful predictions after an already difficult pandemic
Musk says he would reverse Twitter's Trump ban
Billionaire Elon Musk said Tuesday he intends to reverse Twitter's ban against former President Donald Trump. CBS News' Tanya Rivero and Dan Patterson break down this announcement with CBS News tech reporter Dan Patterson.
Fed expected to raise interest rates
Consumers could soon feel a bigger squeeze on credit cards, debts and mortgages.
JetBlue, Mayor Adams tout jobs partnership
JetBlue and mayor's office announce partnership to bring 5,000 additional jobs to New York City.
JetBlue announces more NYC jobs
Mayor Eric Adams thanked the airline for helping with the city's economic recovery.
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Latest News
Calls for justice after MTA worker assaulted while protecting customers
Many call Anthony Nelson a hero, and a model employee. His union is demanding the maximum penalty for his attacker.
FAA says staffing shortage at New York-area airports has been resolved
The staffing shortage forced the agency to reduce the number of flights at our three major airports, causing delays and cancelations.
CBS2 rides with NYPD to see new approach to vendors, panhandlers
It was supposed to be its first joint operation with city social workers, but it did not go as planned.
Woman killed, another injured after tree falls into pool in the Bronx
It comes after a separate incident left one dead when a tree branch fell and struck a person at a playground in Bed-Stuy.
More information about recent carriage horse collapse expected to be released
The 15-year-old horse named Ryder tripped and fell last Wednesday, and couldn't get up for more than an hour.
Man fighting for his life after Queens hit-and-run
It happened just after 2 a.m. on Roosevelt Avenue in Jackson Heights.
Another detainee found dead at Rikers Island; 11th this year
Dr. Ricardo Cruciani was found dead Monday morning.
Melissa Etheridge to play a dozen off-Broadway shows
"Melissa Etheridge: My Window - A Journey Through Life" will play a dozen performance at New World Stages off-Broadway on 50th Street starting Oct. 13.
Nassau County lawmakers, police, victims call for overhaul of New York's bail laws
County Executive Bruce Blakeman says from April to June, more than 3,000 people were arrested in Nassau County, and 2,600 of them were released without bail - and nearly 200 re-arrested.
New York News
More New York News
More information about recent carriage horse collapse expected to be released
The 15-year-old horse named Ryder tripped and fell last Wednesday, and couldn't get up for more than an hour.
Man fighting for his life after Queens hit-and-run
It happened just after 2 a.m. on Roosevelt Avenue in Jackson Heights.
Calls for justice after MTA worker assaulted while protecting customers
Many call Anthony Nelson a hero, and a model employee. His union is demanding the maximum penalty for his attacker.
Another detainee found dead at Rikers Island; 11th this year
Dr. Ricardo Cruciani was found dead Monday morning.
Melissa Etheridge to play a dozen off-Broadway shows
"Melissa Etheridge: My Window - A Journey Through Life" will play a dozen performance at New World Stages off-Broadway on 50th Street starting Oct. 13.
Connecticut News
More Connecticut News
Some essential workers in Connecticut may be eligible for financial relief
Workers can receive up to $1,000 from the Premium Pay Program.
Connecticut launches reproductive rights website and hotline
The services were launched in the wake of the Supreme Court's decision to overturn Roe v. Wade.
Conn. education plan addresses health care worker shortage
It will offer tuition assistance to incentivize low-income and minority students to enter accelerated programs.
Connecticut man finds bear eating in his kitchen
Bill Priest, of West Hartford, walked into his kitchen Sunday and found the intruder.
New York City joins state in declaring monkeypox emergency
The numbers are troubling, and experts say vaccine delays will only allow the virus to spread more.
New Jersey News
More New Jersey News
FAA: Staffing concerns causing delays at NYC-area airports
Departing and arriving flights could be delayed up to two hours at JFK, LaGuardia and Newark, the agency said.
Bipartisan effort launched to defeat congestion pricing
Congressional members are asking the feds to review the project, and for the public to get involved, too.
Murphy lifts COVID testing requirement in New Jersey schools
The governor said the change reflects Centers for Disease Control and Prevention guidance.
Boil water advisory lifted after Belleville water main break
Newark Water and Sewer Utilities customers affected by Tuesday's water main break are no longer under the advisory.
First drive-thru cannabis dispensary in N.J. officially open
Employees say it's a convenient option for all customers, including those who may have mobility issues.
Long Island News
More Long Island News
Nassau County lawmakers, police, victims call for overhaul of New York's bail laws
County Executive Bruce Blakeman says from April to June, more than 3,000 people were arrested in Nassau County, and 2,600 of them were released without bail - and nearly 200 re-arrested.
Fisherman says he caught 5 sharks over weekend near Jones Beach
The smallest was reportedly 2-to-3 feet long, while the biggest one was said to be 5-to-6 feet long.
Child on bike hit by truck on Long Island
It happened at East Fulton Avenue and Babylon Turnpike around 10 a.m. Monday.
First section of Long Island Rail Road third track expansion opens
MTA officials called it "a transformational moment" for commuters.
3 injured in machete attack at L.I. sporting goods store
Police say a man who had asked about purchasing rifles later attacked a store employee and two others.
Politics
More Politics
Nassau County lawmakers, police, victims call for overhaul of New York's bail laws
County Executive Bruce Blakeman says from April to June, more than 3,000 people were arrested in Nassau County, and 2,600 of them were released without bail - and nearly 200 re-arrested.
NYC officials hold monkeypox town hall, lament lack of vaccine doses
Concerned Bronx residents say while government tries to work out supply problems, they expect more outreach.
Justice Department opposes unsealing Trump warrant affidavit
The FBI affidavit, used to justify the Aug. 8 search on Mar-a-Lago, would likely have key details of the government's investigation into the former president.
Bipartisan effort launched to defeat congestion pricing
Congressional members are asking the feds to review the project, and for the public to get involved, too.
Giuliani is a target of Georgia grand jury criminal probe, his lawyer says
Giuliani is scheduled to appear before the special grand jury in Fulton County on Wednesday.
Health
More Health
NYC officials hold monkeypox town hall, lament lack of vaccine doses
Concerned Bronx residents say while government tries to work out supply problems, they expect more outreach.
Rockland County opening additional polio vaccination clinics
There's new information on polio concerns in Rockland County.
2 million infant swings, rockers recalled after 10-month-old dies
Some of Thorley Industries' 4moms products pose asphyxiation risk to babies big enough to crawl under their seats.
Town hall in the Bronx will tackle monkeypox vaccination sites, testing and more
There are now more than 2,000 confirmed cases of monkeypox across New York City, with the majority of them in Manhattan.
Murphy lifts COVID testing requirement in New Jersey schools
The governor said the change reflects Centers for Disease Control and Prevention guidance.
Entertainment
More Entertainment
Melissa Etheridge to play a dozen off-Broadway shows
"Melissa Etheridge: My Window - A Journey Through Life" will play a dozen performance at New World Stages off-Broadway on 50th Street starting Oct. 13.
Ashanti on the roots of her success and "how my story ends"
The R&B star revisits where she got her start, and talks about dreams coming true.
Anne Heche dies at 53 following Los Angeles car wreck
Heche got her start in a soap opera before starring in films and on TV, and made headlines for her relationship with comedian Ellen DeGeneres in the '90s.
R. Kelly accuser in alleged child sex video set to testify
The singer's federal trial on charges he conspired to obstruct justice in his 2008 state child pornography trial starts Monday in Chicago.
Ukrainian children stage play in Brooklyn for fundraiser
Eight children, a director-mom and other parent chaperones, have been invited to the U.S. from war-torn Ukraine.
Sports
More Sports
Mets get off to very bad start in showdown series with Braves
Carlos Carrasco was forced to leave early due to injury and it was all down hill from there as Atlanta rolled 13-1.
Yankees shut out in consecutive games for first time since 2016
Gerrit Cole pitched well, but the Bombers' bats did nothing against Rays in the 4-0 loss on Monday.
Yankees shut out in Boston, finish awful road trip 2-7
Michael Wacha allowed two hits in seven innings in his return from injury in the Red Sox's 3-0 win Sunday.
Mets blank Phillies for 17th win in last 20 games
Burly slugger Daniel Vogelbach homered and Mark Canha had two hits for New York in the 6-0 win on Sunday.
Jets' Wilson having knee surgery Tuesday in LA
Head coach Robert Saleh said Wilson is "not out of the woods" yet.
The Dig
More The Dig
Circo's Pastry Shop: Baking in Bushwick the old-fashioned way since 1945
"Our store is pretty much like a dinosaur," co-owner Anthony Pierdipino told CBS2's Elle McLogan.
Zum Stammtisch: A taste of Germany in Glendale since 1972
"It's really traditional, old-school Bavarian," co-owner Werner Lehner told CBS2's Elle McLogan.
Tula House: Greenpoint's immersive plant shop is a destination for discovery
"We want the common plants, but we really love the uncommon plants," co-owner Christan Summers told CBS2's Elle McLogan.
Stanton Tailor Shop: A Lower East Side destination for the perfect fit
"It makes me feel good when the people go out and they feel confident in what they're wearing," owner Pablo Vargas told CBS2's Elle McLogan.
Myers of Keswick: A British grocery store in the West Village offering 'comforts from home'
"I always like to describe it as a little taste of England," owner Jennifer Myers-Pulidore told CBS2's Elle McLogan.
Latest Galleries
More Latest Galleries
Remembering Olivia Newton-John through the years
Beloved singer, songwriter and actress Olivia Newton-John died Monday morning at 73.
Remembering Ivana Trump through the years
Ivana Trump passed away in her New York home at age 73.
New York City Pride March draws crowd of thousands
Thousands came out for the 2022 New York City Pride March through Manhattan on Sunday.
Juneteenth celebrations held across New York City
Juneteenth celebrations took place across New York City on June 19.
Mermaid Parade returns to Coney Island for 40th anniversary
The famous Mermaid Parade returned to Coney Island on Saturday for its 40th anniversary.
Latest Videos
More Latest Videos
Latest Videos
New information about recent carriage horse collapse expected to be released
The 15-year-old horse named Ryder tripped and fell last Wednesday, and couldn't get up for more than an hour.
Man struck in Jackson Heights, Queens hit-and-run
Investigators say the man was hit by a grey Honda as he crossed the street.
FAA says staffing problem has been resolved at JFK, LaGuardia and Newark Airports
The staffing shortage forced the agency to reduce the number of flights at the Tri-State Area's three major airports, causing delays and cancellations. CBS2's Elijah Westbrook reports.
First Alert Weather: Tuesday morning 8/16 CBS2 weather headlines
CBS2's John Elliott has a look at the forecast.
Calls of justice after transit worker assaulted in subway
A subway cleaner was beaten so severely, he was hospitalized. As CBS2's John Dias reports, the victim's family will be speaking out from criminal court in the Bronx. They say his attacker has been arrested more than 40 times.
