U.S. added 303,000 jobs in March, surging past economic forecasts
Wall Street is closely watching the jobs report and next week's inflation data to predict when the Fed might cut rates.
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Wall Street is closely watching the jobs report and next week's inflation data to predict when the Fed might cut rates.
A recent report by Vanguard reveals a record number of Americans took early withdrawals from their 401(k) retirement savings in 2022 and 2023, signaling a concerning trend.
The annual income needed to afford even a basic home in the U.S. has risen sharply since the pandemic, a new report shows.
The Fed decided not to change rates this week, but announced three cuts that are expected later this year. CBS News Business Analyst Jill Schlesinger is here to help explain.
Fed Chair Jerome Powell announced Wednesday the federal funds rate will stay in the 5.25% to 5.5% range. What does that mean for the economy and borrowers?
The overall rate was up 3.2% in February, with gas and shelter accounting for nearly 60% of that rise. CBS News Business Analyst Jill Schlesinger breaks things down.
CBS News Business Analyst Jill Schlesinger joins us to discuss the results.
CBS News Business Analyst Jill Schlesinger walks us through the results and explains why the Federal Reserve prefers this report, when it comes to inflation.
The federal government just released the January employment report, which blew past economists' expectations.
A decision on interest rates could be announced today as the Fed wraps up its first meeting of the new year.
New government data shows the economy ended 2023 on a stronger note than anticipated. With GDP growth rates exceeding forecasts in the last two quarters, CBS News business analyst Jill Schlesinger breaks down what these figures mean.
CBS News Business Analyst Jill Schlesinger joins us to explain what happened.
Wall Street ended the week with stocks at all-time highs, bolstered by investor expectations of Federal Reserve interest rates cuts.
Inflation has cooled from the high levels seen in 2022, but monthly necessities like rent and auto insurance have skyrocketed this year. CBS News' Jo Ling Kent has more on the rise in costs and what that means for the economy.
CBS News Business Analyst Jill Schlesinger joins us to explain what it means for your wallet.
CBS News Business Analyst Jill Schlesinger explains why the year was a resilient one for the U.S. labor market.
This year's robust stock market performance defied analysts' predictions as investors cheered prospects of lower interest rates and inflation.
The statewide minimum wage is set to increase by $1 to $15.13 per hour.
It's called the subscription economy, when people pay recurring fees for various services, like entertainment apps or news sites. Experts tell CBS New York's John Dias the end of the year is a great time to check on how much you're actually spending.
Just 1 in 5 say they'll buy more gifts for others this season, compared to recent past years — and this is true even among higher-income earners.
The monthly report signals hiring remains stronger than many economists had forecast, while the jobless rate dipped to 3.7%.
With just weeks to go before the end of the year, a little bit of time and focus could help you make or save money, CBS News Business Analyst Jill Schlesinger explains.
Holiday online shopping off to a strong start as retailers roll out larger discounts to tempt cash-strapped consumers.
Black Friday marks the heart of the holiday spending season, so what can consumers and retailers expect this year? CBS News Business Analyst Jill Schlesinger is here to explain.
Most people say they'd need a significant pay raise and considerable wealth to achieve contentment, a new poll shows.
Firefighters responded to Broadway's Eugene O'Neill Theater Monday morning after a blaze broke out on the roof.
The Met Gala, celebrating the exhibition "Costume Art," is Monday, May 5, with red carpet arrivals expected to start around 5:30 p.m.
John Sterling, the longtime play-by-play announcer of the New York Yankees, died at the age of 87, according to sports radio WFAN.
A single ride on the PATH train will now cost $3.25, an increase of 25 cents to help fund a multi-million dollar system upgrade.
The 2026 Met Gala's dress code is "Fashion is Art," which goes hand-in-hand with the theme of "Costume Art."
Firefighters responded to Broadway's Eugene O'Neill Theater Monday morning after a blaze broke out on the roof.
The Met Gala, celebrating the exhibition "Costume Art," is Monday, May 5, with red carpet arrivals expected to start around 5:30 p.m.
John Sterling, the longtime play-by-play announcer of the New York Yankees, died at the age of 87, according to sports radio WFAN.
A single ride on the PATH train will now cost $3.25, an increase of 25 cents to help fund a multi-million dollar system upgrade.
The 2026 Met Gala's dress code is "Fashion is Art," which goes hand-in-hand with the theme of "Costume Art."
A cool weekend is ahead for the New York City area before warmer weather returns.
Some residual showers may linger into early Sunday morning, but the majority of the rainfall should be over by sunrise.
Amtrak announced Thursday it is suing Metro-North for allegedly blocking nonrevenue trains on a portion of the busy Northeast Corridor for over two months.
The Tri-State Area has the dirtiest air in the U.S. east of Texas, according to The American Lung Association's newly released "State of the Air" report.
Colder weather returns to the New York City area this week with sub-freezing temperatures in the suburbs.
A single ride on the PATH train will now cost $3.25, an increase of 25 cents to help fund a multi-million dollar system upgrade.
A massive fire burned for hours in Belleville, New Jersey on Sunday. The blaze prompted a state of emergency, knocked out power and shut down schools Monday.
An investigation is underway after a United Airlines plane struck a light pole and truck on the New Jersey Turnpike as it was coming in for a landing at Newark Liberty Airport on Sunday afternoon, officials said.
A passenger was detained at Newark Airport in New Jersey on Saturday after an altercation on board a United Airlines flight, police said.
A small plane crashed at an airport in Union County, New Jersey, on Saturday.
Police identified the suspect in the deadly stabbing of two women on Long Island, saying he lived with one of them and worked with the other.
A suspect is in custody after two people were stabbed to death on Long Island early Friday morning, Nassau County police said.
Suffolk County officials say contamination from a former Grumman Navy site is far worse than previously acknowledged and is still spreading.
The Suffolk County Police Department has converted a seized 2020 Corvette Stingray Coupe into a full-fledged police car, with lights and siren, to raise awareness about driving while under the influence.
Residents said anti-Muslim vandalism was found on at least eight stop signs in the area of Carto Circle in Deer Park.
There was no immediate reason given for the 81-year-old's hospitalization.
Several people were arrested Saturday night when a large crowd gathered outside a Brooklyn hospital after ICE agents detained a man, according to the NYPD.
Thousands rallied on International Workers' Day across the five boroughs, including on Wall Street, where hundreds blocked the New York Stock Exchange.
President Trump said earlier this week he was reviewing the possible reduction of troops in Germany, which hosts more than 35,000 U.S. service members.
The Trump Administration is once again taking aim at New York City's congestion pricing program.
Keyport residents say they're on edge because of dozens of cancer cases over the years in a neighborhood near the former Aeromarine landfill.
The B.R.O. Experience Foundation uses cognitive behavioral therapy, mentorship and creative expression to support men of color navigating identity.
Travelers at Newark Airport may have been exposed to an individual with measles, New Jersey health officials warn.
The Tri-State Area has the dirtiest air in the U.S. east of Texas, according to The American Lung Association's newly released "State of the Air" report.
The 16th Annual Lustgarten Foundation New York City Walk for Pancreatic Cancer Research was held Sunday in Battery Park City.
Firefighters responded to Broadway's Eugene O'Neill Theater Monday morning after a blaze broke out on the roof.
The 2026 Met Gala's dress code is "Fashion is Art," which goes hand-in-hand with the theme of "Costume Art."
The 2026 Met Gala's theme, "Costume Art," aims to make the connection between fashion and art.
"The Ed Sullivan Show" on CBS brought the evolution of rock music into America's living rooms. More than 50 years after Sullivan died, he's getting the ultimate rock 'n' roll honor.
Megan Thee Stallion has decided to end her run with "Moulin Rouge! The Musical" early, the Broadway show announced on Monday.
Louis Munteanu scored two goals, and Sean Johnson had four saves as D.C. United beat New York City FC 2-0 on Sunday in the first meeting between the clubs this season.
Mark Vientos hit two home runs and right-hander Clay Holmes allowed one run in 6 2/3 innings as the New York Mets beat the Los Angeles Angels 5-1 on Sunday.
Jasson Domínguez hit a two-run homer and an RBI single in a seven-run eighth inning and the Yankees routed the Orioles 11-3 on Sunday for their 13th win 15 games.
The Philadelphia 76ers are limiting who can buy tickets to Eastern Conference semifinal games at Xfinity Mobile Arena to "residents of Greater Philadelphia area."
FC Dallas beat the New York Red Bulls 2-0 on Saturday night to snap a four-game winless streak.
In New York City, where land is at a premium, a stockpile of pristine soil unearthed at construction sites helps lower emissions and support urban farmers.
Have you ever wondered what happens to a restaurant's leftover or unsold food at the end of the day? Food access advocates say it could make a big difference if it were served to the community.
A new report finds a shortage of courts, fields and swimming pools in some New York City neighborhoods.
Residents living near New York City's busiest airports say the noise overhead has escalated from a nuisance to a health concern.
Construction began Tuesday on a major redesign of Flatbush Avenue in Brooklyn.
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.
Jessica Neises, a senior fashion editor at Cosmopolitan, gives insight into the 2026 Met Gala theme and what celebrities may be wearing.
NYPD officials said they responded to a call of a burglary Saturday night at the Church of Scientology New York.
John Sterling, the play-by-play voice of the New York Yankees for more than 30 years, died at the age of 87, according to WFAN.
Spirit Captain Jon Jackson's retirement flight was called off due to the shutdown. A Southwest crew stepped in to turn the sad day into an incredible moment.
The sudden disappear of Spirit Airlines could end a check on the air travel industry's ticket prices. CBS News' Bradley Blackburn reports.
