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.
Pavin Smith hit a two-run homer in the ninth inning to lift the Diamondbacks over the Yankees 5-3 on Saturday night.
A vigil was held in the East Village on Saturday night for the teenager killed in a collision between a Citi Bike and a truck.
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.
A vigil was held in the East Village on Saturday night for the teenager killed in a collision between a Citi Bike and a truck.
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.
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.
Pavin Smith hit a two-run homer in the ninth inning to lift the Diamondbacks over the Yankees 5-3 on Saturday night.
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.
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.
A new era of "Survivor" begins next week with 21 fresh cast members all competing for the grand prize in the South Pacific Ocean. Saturday, many of them met fans at American Dream Mall in New Jersey and offered a sneak peek at what's to come. CBS News New York's Allen Devlin reports.
CBS News New York's Vanessa Murdock has your weather forecast for September 19 at 11 p.m.
Singer Ed Sheeran took to the stage Saturday night in Philadelphia for the first time since turmoil hit his tour.
Backlash continues after President Trump's decision to bar reporters of certain media organizations from the White House. This as he now turns his attention to A.I. and an upcoming visit with the Chinese president. Gwen Baumgardner reports.
The New York City health department is expanding outreach efforts in the Bronx as a Legionnaires' disease cluster continues to grow.
