Recession fears rattle stock market
The U.S. market suffered its worst day of the year as concern grows over a tariff war. CBS News New York's Elijah Westbrook explains.
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The U.S. market suffered its worst day of the year as concern grows over a tariff war. CBS News New York's Elijah Westbrook explains.
Canada, Mexico and China are hitting back with retaliatory tariffs. The moves raised fears of higher prices for U.S. consumers and a trade war.
The long-awaited tariffs are now in effect, putting global markets on edge. As CBS News New York's Elijah Westbrook reports, they will likely have a big impact on prices in our area.
A grassroots effort is asking American consumers to refrain from making purchases at major retailers for one day in February.
The Trump administration has begun firing several hundred Federal Aviation Administration employees, upending staff on a busy air travel weekend.
America's closest neighbors and allies are racing to respond, or bracing for impact as Trump orders big tariffs on imports from Canada, Mexico and China.
Bargain hunters are busy amid seasonal discounts and "going out of business" sales by at least two retailing chains.
The stock market is down sharply today after the Federal Reserve forecast fewer interest rate cuts in 2025 than expected.
Inflation has cooled from its most recent peak, but progress in getting it to a 2% annual rate has been slow.
The new documentary "Untapped: Closing America's Opportunity Gap" proves the urgent need for skills-based hiring. Ellen McClain, Year Up United’s CEO and President, and Simge Yildirimkaya, who completed the Year Up United job training program in 2023, share their perspectives on the movement and the film.
Donald Trump's victory in the U.S. presidential election could boost economic growth and herald market-friendly policies, according to Wall Street.
A new Bankrate survey found 41% of Americans say inflation is their top economic issue for the 2024 presidential election. Bankrate's senior economic analyst Mark Hamrick joins CBS News New York to discuss the impact.
Jill Schlesinger, CBS News Business Analyst joins CBS New York to discuss the October jobs report.
A new report shows 254,000 people were added to payrolls in September, and a robust jobs market is helping boost the economy. CBS News New York's Dick Brennan talked to New Yorkers about what it means to them.
Wall Street is watching the labor market for signs of slower hiring, which could influence the Federal Reserve's next rate decision.
CBS News business analyst Jill Schlesinger breaks down why the federal reserve made the decision to cut its benchmark interest rate and what this means for the economy.
The Federal Reserve just lowered its benchmark rate by 0.50 percentage points. Here's how the move could impact your finances.
Thomas Hayes, chairman and managing member at Great Hill Capital, joins CBS New York to discuss the Fed meeting.
New Yorkers shared their opinions about the economy with CBS News New York's Jessica Moore after Tuesday night's presidential debate.
Jason Greer, a labor relations expert and founder of Greer Consulting, discusses the state of the U.S. labor market in 2024 and how wage compression is impacting workers.
In North Carolina, Harris took note of falling inflation but added, "Still, we know that many Americans don't yet feel that progress in their daily lives."
Wall Street is increasingly jittery about the health of the U.S. economy. Here's what the experts say about the chances of a recession.
U.S. markets tumbled for a third consecutive trading day amid recession fears and tensions in the Middle East.
The latest report shows employers added 114,000 jobs in July which is far fewer than economists had forecast, all while the unemployment rate jumped to 4.3%. CBS News business analyst Jill Schlesinger breaks down the latest numbers.
The federal government released a report on economic growth for the second quarter. Business Analyst Jill Schlesinger discusses what this means for the financial future of the next few months.
