'Downgrade' On The Upswing
WCBS 880's Pat Farnack had her weekly chat with language maven Ben Zimmer.
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WCBS 880's Pat Farnack had her weekly chat with language maven Ben Zimmer.
It's understandable if people are getting dizzy watching the Dow, considering Wednesday's shocking 519 point plunge. That was just the latest go round on the Dow's recent wild ride as the index closed up 423 points on Thursday.
It was yet another rough day on Wall Street Wednesday, a day after the Dow Jones Industrial Average posted its biggest gain since early 2009.
The Dow picked up steam late in the trading day Tuesday and closed up nearly 430 points.
Former President Bill Clinton had it right when he said "it's the economy, stupid." And as our economic woes have increased so have Americans' pessimism about where the country is going.
What happens when economic desperation is combined with youth and the internet?
Wall Street was not for the faint of heart Friday. The breathtaking peaks and valleys of the day came to an end with the Dow closing up 61 points.
According to a new Siena College research poll, talk of the default and Wall Street's plunge are worrying shoppers.
Despite the recent ups and downs of the stock market that, economists say, could continue through the fall, there are some good news for consumers.
Despite all of the instability in the economy, real estate sales in Fairfield County, Connecticut are holding relatively steady.
Currently, there are almost 40,000 vacant homes or apartments on the island.
Fifty-four percent of New Yorkers say that their personal finances are suffering because of the high prices of gas and food.
St. Sen. David Carlucci is urging Gov. Andrew Cuomo to sign the Power New York Act of 2011.
Less than 24-hours after pulling the plug on his congressional career, Anthony Weiner is holing up in the Hamptons. Sooner or later, though, he's going to have to get a new job, and the offers have already started to pour in.
As college students celebrate graduation, many now know the harsh reality of joining the long lines of job-seekers. At Rutgers University, students were back on campus trying to find work at a job fair.
A New York poll provides grim evidence of a continuing exodus from the state, once the national leader in manufacturing and other high-paying jobs.
It's not just pain at the pump that's causing frustration in the Tri-State Area. After 35 straight days of rising gas prices, the checkout lane will soon become more painful as well.
In the last ten years, the recycling rate has has gone from 29 percent to 24 percent on Long Island.
Volcker says the nation's growing debt level is an urgent issue, warning the country could reach a "tipping point'' if debt gets too high.
On average, New York City employees are paid 17 percent less than workers in the private sector, according to Comptroller John Liu.
New evidence on Friday morning revealed that the economy added 192,000 jobs in February, and the unemployment rate dropped to 8.9 percent—the lowest in almost two years.
Tilapia and roasted pork. That's what's on the menu tonight at Union Restaurant & Bar Latino in Haverstraw.
The Tourism Industry Coalition of New York State said more than 200 people involved in the tourism industry will meet with legislators Tuesday in an effort to keep $7.4 million in tourism marketing from being reduced.
Years ago Yonkers may not have been the most desirable place to live, but Mayor Amicone says that's changed.
The temperatures are low and filling up at the gas station will leave our bank accounts the same way.
A woman has been arrested in connection to an attempted kidnapping in Brooklyn.
Crews battled a four-alarm fire at a Brooklyn restaurant Saturday.
New York again prevented the Philadelphia Phillies from gaining ground in the NL wild card race with a 10-3 win Saturday.
Ed Sheeran opened his solo concert in Philadelphia on Saturday with comments about Gaza, saying what is happening there is "catastrophic and unjustifiable."
Ahead of the beatification of Archbishop Fulton J. Sheen on Sept. 24, the Cathedral Basilica of the Sacred Heart in Newark, New Jersey, will be displaying items from his life and work.
A woman has been arrested in connection to an attempted kidnapping in Brooklyn.
Crews battled a four-alarm fire at a Brooklyn restaurant Saturday.
The Democratic congressman has partnered with Republican New York Rep. Mike Lawler to introduce the Stop Rogue AI Act.
Questions are mounting about the death of a man whose body was found in the chimney of a New York City public school.
One teenage girl was killed and a second was injured after they were struck by a large truck in the East Village on Friday night, police say.
The Beardsley Zoo in Bridgeport announced it welcomed its first-ever red panda cub, marking an important achievement for the endangered species.
New York City and the surrounding area are in for a weather pattern change over the course of the weekend.
Fire departments were hard at work in Paterson, New Jersey, and Fairfield County, Connecticut, due to flash flooding on Sunday morning.
Rainy weather makes a return to the New York City area this weekend.
After a week filled with periods of storminess and high humidity, a calmer and drier weather pattern is settling in for the holiday weekend.
Ahead of the beatification of Archbishop Fulton J. Sheen on Sept. 24, the Cathedral Basilica of the Sacred Heart in Newark, New Jersey, will be displaying items from his life and work.
The suspect has been identified in a deadly shooting that happened outside a Wawa location in Toms River on Friday.
The Democratic congressman has partnered with Republican New York Rep. Mike Lawler to introduce the Stop Rogue AI Act.
Police body camera video shows the moments a woman and two police officers remove a python that was wedged in the grill of her vehicle in Franklin Township on Monday.
New York City and the surrounding area are in for a weather pattern change over the course of the weekend.
CBS News New York's John Elliott reports from the Brain Aneurysm Foundation Long Island Run/Walk at Jones Beach State Park on Sept. 19, 2026.
The ground beneath a Long Island woman opened up, swallowing her into the earth below.
The ground beneath a Long Island woman opened up, swallowing her into the earth below. CBS News New York's Jennifer McLogan reports.
Racing returned to Belmont Park Friday afternoon, more than three years after the iconic Long Island track was shut down for renovations. The redevelopment cost $450 million. CBS News New York's Carolyn Gusoff reports.
Racing returns to Belmont Park on Friday, more than three years after the iconic Long Island track was shut down for renovations.
The Democratic congressman has partnered with Republican New York Rep. Mike Lawler to introduce the Stop Rogue AI Act.
In a Truth Social post, Mr. Trump called fears around artificial intelligence possibly becoming a superintelligence that could pose a threat to human existence a hoax.
President Trump said Friday that three outlets would be banned from the White House, "effective immediately."
One Cuba resident said there is "no way to know" when power will be restored to the island nation.
A federal appeals court ruled Friday that U.S. immigration officials must offer detainees "a meaningful opportunity to contest" any deportation to countries where they have no ties.
NYU Langone has reached an agreement with the Justice Department to end gender-affirming care for minors.
A second person has died in the Legionnaires' disease cluster in the South Bronx.
Some people in Keyport, New Jersey, claim the site of a former aircraft manufacturing plant is to blame for a growing number of cancer diagnoses, but the state says otherwise.
Affordable Care Act recipients in 30 states are set to receive the $500 checks starting in October. Here's why.
One person has died and a total of five people have been sickened by Legionnaires' disease in the Bronx.
Duncan Sheik died on Thursday night, his family said.
A truck driver who spent two decades building a massive scale model of his native New York City was delighted when it went viral on TikTok.
The Feast of San Gennaro is filling New York City's Little Italy with faith, music, games and many treats starting Thursday.
The iconic Peanuts character Snoopy is getting a new look for the 100th Macy's Thanksgiving Day Parade in New York City.
Aaron Rowe, Beoga, Lukas Graham and Finneas all released statements Tuesday on Instagram saying they were withdrawing from Ed Sheeran's tour.
New York again prevented the Philadelphia Phillies from gaining ground in the NL wild card race with a 10-3 win Saturday.
The Yankees used a five-run first inning to take control early and beat the Diamondbacks 9-2 on Friday night.
The Mets kept the Phillies from gaining ground in the National League wild-card race with a 6-3 victory Friday night.
Julian Hall scored early in the second half for the New York Red Bulls in a 1-0 victory over New York City FC on Friday night.
New York Yankees manager Aaron Boone isn't sure whether Aaron Judge will be able to return for the postseason.
Neighbors have been waiting since 2021 for the bridge over the Belt Parkway to be rebuilt and reconnect Bath Beach with the waterfront.
The People's Theatre now has its first permanent home in more than 15 years, thanks to help from theater legends from the neighborhood, like Lin-Manuel Miranda.
Brooklyn Greenway Initiative's 1.8-acre native plant sanctuary marks 10 years at a site where historians believe hundreds of human remains still lie
At a Bay Ridge school, students who were born years after the attacks are learning about Sept. 11 through the stories of parents, teachers and first responders who lived through it.
Former Mets players from the 2001 season were at Ladder 25 on the Upper West Side on Tuesday.
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.
The FDNY provided an update Saturday on a 4-alarm restaurant fire in Brooklyn.
CBS News New York's Vanessa Murdock has your weather forecast for September 19 at 6 p.m.
The annual Brain Aneurysm Run and Walk was held Saturday on Long Island. CBS News New York's John Elliott joined participants at Jones Beach State Park and spoke to our own Jennifer Bisram, who is a brain aneurysm survivor.
Dozens of "Survivor" fans gathered Saturday at a Survivor Island event Saturday at the American Dream Mall in East Rutherford, New Jersey.
Bus lovers were living it up Saturday in Brooklyn. They had great weather to enjoy the bus festival at Brooklyn Bridge Park.
