New Economic Crisis Looms Over States
Just when the economy seems to be slowly crawling out of recession, there's another potential financial crisis on the horizon!
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Just when the economy seems to be slowly crawling out of recession, there's another potential financial crisis on the horizon!
In this Eye on New York segment, CBS 2's Don Dahler speaks with Rev. Jesse Jackson about the Rainbow PUSH Coalition and its efforts to help rebuild America's economy.
Senate President Stephen Sweeney and Assembly Speaker Sheila Oliver said aggressive efforts are needed to bring down New Jersey's unemployment rate. It's currently 9.2 percent.
New Jersey Gov. Chris Christie says higher education will be the first area to see increased spending once the state's economy turns around.
Jobless New Jersey residents may soon be able to receive training from potential employers without jeopardizing their unemployment benefits.
Last minute Christmas shoppers are in good company, as consumers are racing to the end of the season at a more feverish pace this year.
Do you fill up your gas tank in Connecticut? One industry expert has news for you.
The State Comptroller reported that New York City's economy is recovering faster from the recession than the rest of the state and nation.
Democratic leaders who demanded that the top Assembly Republican apologize may have gotten more than they asked for.
Lawmakers are pumping the brakes on the Fire Department of New York's plan to charge drivers who cause accidents.
A think tank projects that taxpayer-funded contributions to the pension systems for NY's public employees could balloon by billions over the next five years.
$3.05 a gallon is the national average for regular unleaded gasoline, according to the Lundberg Survey, and prices are rising.
It is that time of year when all those great holiday decorations start popping up in towns all over. But in some parts of New Jersey municipalities are scaling back their displays because of the economy.
The nation's unemployment rate climbed to 9.8 percent in November, a seven-month high, as hiring slowed.
As tri-state retailers are hoping for a Black Friday bonanza this holiday weekend, there's also hope for millions of unemployed workers.
Chanting "bail out the people not the banks," long term unemployed people gathered on Varick Street Friday to demand Congress pass "Tier V" of employment benefits.
Late on Thursday afternoon, two years to the date after his election as the 44th president, "60 Minutes" correspondent Steve Kroft sat down with him in the Oval Office - and the mood was different.
It's already beginning to look a lot like Christmas. It's barely November, but the holiday shopping season is in full swing, with retailers already offering deep discounts.
Economists at Rutgers University say losses in public jobs are, in part, slowing the Garden State's economic comeback.
If you're in the antiques business, this economy might still have you feeling a little cuckoo.
The cost of food, couple with a tough economy, is driving more people to seek help from local food pantries, not just in the city but even in the affluent suburbs.
"With the current MTA fare increase coming along, and your day-to-day expenses are going up, and your salary or income is not keeping pace at all, so at some point it's going to break if it keeps this way," one resident said.
In Suffolk County, nearly 20,000 90-day pre-foreclosure letters have been sent out to home owners.
A wave of government layoffs last month outpaced weak hiring in the private sector, pushing down the nation's payrolls by a net total of 95,000 jobs.
Mayor Bloomberg tells David Letterman he thinks being governor is a "terrible job" and he's not embarrassed to be ranked the 10th richest person in the nation.
A New Jersey woman is trying to understand how a shocking message was left on her birthday dessert at a local restaurant.
A Bronx mother of three lost nearly everything after a devastating fire. A complete stranger saw her story and decided he had to help.
Defender James Sands made a spectacular goal clearance before scoring in first-half stoppage time to help NYCFC earn a 1-1 draw with the New England Revolution on Sunday.
A small earthquake was detected in Morris County, New Jersey, on Saturday, officials say.
The meeting came with Democrats expected to take control of the House in the November elections, which would put Jeffries in line to become the next House speaker.
A Bronx mother of three lost nearly everything after a devastating fire. A complete stranger saw her story and decided he had to help.
A nice stretch of weather kicks off the week in the New York City area before a heightened chance of rain returns.
The NYPD is looking for a hit-and-run driver who they say fatally struck a woman in Greenwich Village early Sunday morning.
A shooting at a Brooklyn restaurant early Sunday morning left one employee dead and another injured, police sources say.
New York City's EMS needs to be competitive in salary as the department faces staffing struggles, FDNY Commissioner Lillian Bonsignore says.
A nice stretch of weather kicks off the week in the New York City area before a heightened chance of rain returns.
Along with the increasingly humid conditions comes another chance of showers and storms overnight Saturday into Sunday.
Rainy weather returns to the New York City area Sunday, bringing with it the threat of flooding.
Bayonne, New Jersey, is heading to the Little League World Series after beating Darien, Connecticut, in the Metro Region Tournament on Friday.
We're in great shape on this Friday as we gear up for another weekend.
A New Jersey woman is trying to understand how a shocking message was left on her birthday dessert at a local restaurant.
A small earthquake was detected in Morris County, New Jersey, on Saturday, officials say.
A nice stretch of weather kicks off the week in the New York City area before a heightened chance of rain returns.
The boys from Bayonne, New Jersey, had their first loss of the season Sunday, but their Little League World Series journey isn't over yet.
The Keasbey Fire Department in Woodbridge Township, which first organized 118 years ago, is set to close in October.
A funeral was held Sunday for a Long Island woman who died after her SUV plunged into a backyard pool.
Suffolk County Police say officers rescued a family from a boat that ran aground in the mouth of the Fire Island Inlet early Sunday morning.
Long Island's Sun and Surf Beach Club remained closed Saturday, two days after it was ravaged by a tornado.
Long Island's Sun and Surf Beach Club remained closed Saturday, two days after it was ravaged by a tornado. CBS News New York's Kristie Keleshian reports.
Cleanup efforts continue this weekend on Long Island after an EF-1 tornado hit the area Thursday. CBS News New York's Kristie Keleshian reports.
The meeting came with Democrats expected to take control of the House in the November elections, which would put Jeffries in line to become the next House speaker.
Neel Kashkari, president of the Federal Reserve Bank of Minneapolis, said the tariff fight with Canada could extend U.S. inflation, should the tense trade dynamic between the historically allied countries continue.
President Trump and first lady Melania Trump began the Freedom 250 Grand Prix IndyCar race through the streets of Washington, D.C, with a slow lap around the course.
U.S. Army Secretary Dan Driscoll is considering stepping down from his post by the end of the year, two people familiar with the matter told CBS News Saturday.
The U.S. and Canada have wrangled for decades over trade, and somehow, they still managed to remain friends, allies and trading partners.
This year, ER visits for tick bites have increased dramatically, corresponding with a new threat: a rise in Alpha-gal syndrome (AGS), where one bite from a lone star tick can make you violently allergic to red meat. How can you best avoid tick bites?
A New Yorker has tested positive for West Nile virus, the city health department announced Wednesday.
Researchers say an alarming study on cognitive decline is specific to the African American community in Newark, New Jersey.
Moderna and Merck announced study results that reflect a "landmark moment" in treatment for one of the deadliest forms of skin cancer.
Two more deaths have been reported in connection to the Legionnaires' disease cluster on the Upper East Side, health officials said Friday.
"Today, Elwood and I lost a great friend and collaborator, and the world lost one of the most naturally innovative drummers and a great and true son of Texas," ZZ Top's Billy Gibbons said in a statement.
Brian Hickerson and his brother, Zach, made the 911 call that brought first responders to the apartment where Hayden Panettiere was found unresponsive.
Hayden Panettiere, who starred in "Remember the Titans" as a child actor and rose to fame in the series "Heroes," has died at the age of 36. The coroner's office says she was found in cardiac arrest.
The lineup for the 2026 Global Citizen Festival in New York City was announced Thursday.
Latin music stars Marc Anthony, Feid, and others are set to perform at a benefit concert in Miami on August 16.
Defender James Sands made a spectacular goal clearance before scoring in first-half stoppage time to help NYCFC earn a 1-1 draw with the New England Revolution on Sunday.
It was Peters' third walk-off hit of the season.
The New York Yankees pulled away for an 8-3 victory over the Toronto Blue Jays on Sunday.
The boys from Bayonne, New Jersey, had their first loss of the season Sunday, but their Little League World Series journey isn't over yet.
The New York Mets beat the AL Central-leading Chicago White Sox on Saturday night.
The DSNY reported an increase in needle stick injuries for New York City sanitation workers.
A Queens homeowner says that overgrown city trees on her block are creating a safety hazard at night.
Neighbors say Flushing Meadows Corona Park has been falling into disrepair for years.
The owner of a beloved Harlem food truck known for its burgers under $5 is retiring and selling the business.
The historic Art Deco bathhouse at Jacob Riis Park is getting a new life as the Rockaway Ocean Club. But as the long-dormant building reopens, some locals are questioning who will have access to its amenities.
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.
CBS News New York's Vanessa Murdock has your weather forecast for August 23 at 11 p.m.
Two months ago, we introduced you to a mother of three who had lost nearly everything after a fire forced her family from their Bronx apartment. A complete stranger saw her story and decided he had to help. CBS News New York's Naveen Dhaliwal reports.
A funeral was held Sunday for a Long Island woman who died after her SUV plunged into a backyard pool.
A New Jersey woman is trying to understand how a shocking message was left on her birthday dessert at a local restaurant. CBS News New York's Andrew Ramos reports.
Police are searching for a hit-and-run driver who the NYPD says fatally struck a 22-year-old woman in Greenwich Village. CBS News New York's Lisa Rozner reports.
