Inflation rate falls below 5%
The U.S. goverment just released the latest report on inflation, and CBS News Business Analyst Jill Schlesinger is here to break it all down.
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The U.S. goverment just released the latest report on inflation, and CBS News Business Analyst Jill Schlesinger is here to break it all down.
"No one should assume that the Fed can… really protect the economy and the financial system, and our reputation globally, from the damage such an event might inflict," Federal Reserve Chairman Jerome Powell said.
The Labor Department just released the April employment report, and CBS News Business Analyst Jill Schlesinger joins us to break down the findings.
Central bank officials will announce on Wednesday if they are hiking the federal funds rate for a 10th consecutive time.
The regional lender, whose collapse is the second-biggest bank failure in U.S. history, is the third bank to be seized by regulators since March.
The economy grew at a tepid 1.1% rate, showing that the Fed's interest rate hikes are taking effect.
The government just released a report on overall economic growth for the first quarter of the year. CBS News' Business Analyst Jill Schlesinger is here to explain the numbers.
The report also found nearly 80% of households are "housing burdened," which means more than 30% of income goes toward rent.
Mired in a prolonged sales slump, the retail chain has struggled to attract customers both in stores and online.
With real estate season in full swing, we hear from CBS News Business Analyst Jill Schlesinger for a look at the current market.
Wedding dress retailer cites "post-COVID environment and uncertain economic conditions," saying it's looking for a buyer.
Majority of respondents remain pessimistic about the economy as a whole, according to Primerica survey.
Tax Day is quickly approaching on April 18. CBS News business analyst Jill Schlesinger joins "CBS Mornings" to share tax tips for Americans who have yet to file their 2022 taxes.
CBS Business Analyst Jill Schlesinger breaks down the latest inflation numbers.
The Fed wants the labor market to cool off so inflation comes down, so what does this suggest about the overall trend for jobs? CBS News Business Analyst Jill Schlesinger breaks things down.
The Federal Reserve will announce Wednesday whether interest rates are going up again. We hear from CBS News Business Analyst Jill Schlesinger for what to expect.
The city's restaurants are still facing challenges. So where does the industry stand today, and what does its future hold?
It's an update to a classic campaign to boost the recovery after the pandemic.
Signature Bank's collapse is considered the third-largest bank failure in U.S. history.
All deposit accounts at Silicon Valley Bank and Signature Bank in New York will be guaranteed, the Federal Reserve, Treasury Dept. and FDIC said in a joint statement.
The bank's collapse is the second-largest in U.S. history and is raising concerns about the economy.
CBS News Business Analyst Jill Schlesinger is here to talk about the government's latest report on overall economic growth.
As consumers continue to feel the squeeze, the government just released the latest inflation report. CBS News Business Analyst Jill Schlesinger joins us to break it all down.
Americans want compromise. The prospect of default impacts views.
U.S. economy grew at 2.9% rate in last three months of year despite pressure of high rates and fears of recession.
Emil Heineman scored the winning goal in the shootout and Bo Horvat scored twice in regulation as the Islanders beat the Golden Knights 5-4 on Tuesday.
Cody Glass scored the tiebreaking goal on a wrist shot with 7:36 remaining, and the Devils beat the Senators 4-3 on Tuesday night.
A Brooklyn man says his husband was detained by ICE at a routine green card interview at 26 Federal Plaza in November.
A hearing is underway that will soon decide the fate of West Park Presbyterian, a 135-year-old landmark church on the Upper West Side.
Authorities have released new details about the Dec. 2 standoff in Stamford, Connecticut, including video of officers inside an armored vehicle as it takes fire from the gunman and audio from a phone conversation between the gunman and a hostage negotiator.
A Brooklyn man says his husband was detained by ICE at a routine green card interview at 26 Federal Plaza in November.
A hearing is underway that will soon decide the fate of West Park Presbyterian, a 135-year-old landmark church on the Upper West Side.
A man has been charged with attempted murder in the shooting of Jets player Kris Boyd outside a New York City restaurant in November.
The Archdiocese of New York is taking steps to compensate hundreds of victims who allege they were sexually abused.
It's been one year since Luigi Mangione was arrested in Pennsylvania in the killing of UnitedHealthcare CEO Brian Thompson.
Authorities have released new details about the Dec. 2 standoff in Stamford, Connecticut, including video of officers inside an armored vehicle as it takes fire from the gunman and audio from a phone conversation between the gunman and a hostage negotiator.
Sunday's weather was calm and pleasantly chilly, but big changes are in store as we begin the new work week.
If you're heading out, brace yourself — it's the coldest day of the season so far.
CBS News New York has learned Jed Parkington, who died by suicide during a standoff with law enforcement on Tuesday, was fascinated with Nazi Germany.
"Driven Into Debt," CBS News New York's latest investigative series, has uncovered a simple truth -- unpaid tolls can quietly spiral into crushing debt.
The family of Mortimer Wortman IV, a Rutgers University student reported missing more than two weeks ago, continues to search for answers in his disappearance.
Three members of a family of four were killed in a crash on the New Jersey Turnpike, leaving their community heartbroken.
Three people are dead, including a minor, after a crash in East Windsor Township on the New Jersey Turnpike, state police said.
Sunday's weather was calm and pleasantly chilly, but big changes are in store as we begin the new work week.
Police in New Jersey are investigating a series of home break-ins with suspects allegedly targeting high-end cars.
Blakeman, the two-term Nassau County executive, formally launched his 2026 campaign for governor of New York early Tuesday morning.
Republican Nassau County Executive Bruce Blakeman is entering the 2026 New York governor's race, sources tell CBS News New York.
Sunday's weather was calm and pleasantly chilly, but big changes are in store as we begin the new work week.
A man is now in custody in Florida in connection to the 1997 murder of Tanya Denise Jackson on Long Island.
Nassau County Police charged Vito D'Ambrosio, of Seaford, with murdering his parents at A&A Italian Deli and Pizza in Bethpage.
A Brooklyn man says his husband was detained by ICE at a routine green card interview at 26 Federal Plaza in November.
President Trump spoke about affordability and his economic agenda in the Poconos, in northeastern Pennsylvania, Tuesday night.
The Justice Department can release investigative materials from a sex trafficking case against Ghislaine Maxwell, the longtime confidant of Jeffrey Epstein, a federal judge ruled.
Blakeman, the two-term Nassau County executive, formally launched his 2026 campaign for governor of New York early Tuesday morning.
A cancer survivor is among the residents at a NYCHA building on the Upper West Side of Manhattan concerned about dark smoke coming from a temporary boiler outside.
Mixed nuts from Ohio-based Mellace Family Brands sold at some Wegmans stores could be tainted with Salmonella, FDA warns.
New York has no plans to change hepatitis B vaccine guidance after a Centers for Disease Control advisory panel voted to stop recommending a first dose for newborns.
In New York alone, there have already been more than 17,000 flu cases and nearly 1,000 hospitalizations, and doctors anticipate it's only going to get worse as more people gather for the holidays.
Colette Smith of the Bronx was diagnosed with lung cancer, despite never smoking. Her survival story is central to her push for early detection.
Some New Yorkers want the mayor-elect to appoint a new "rat czar" when he takes office after an uptick in rat sightings.
President Trump is hosting the Kennedy Center Honors on Sunday after presenting medals to the 2025 Kennedy Center honorees during an Oval Office ceremony Saturday.
The iconic Wythe Diner was physically moved Saturday from its location in Williamsburg to Steiner Studios in Brooklyn's Navy Yard.
Japanese officials said Jeremy O Harris, known for his Tony-nominated "Slave Play" and his role in the series "Emily in Paris," was arrested on the island of Okinawa on Nov. 16.
Rapper Tekashi 6ix9ine has been sentenced to three more months in prison for violating his supervised release terms in a New York gang case.
Frank Gehry was known for designing the Guggenheim Museum Bilbao in Spain and the Walt Disney Concert Hall in Los Angeles.
Emil Heineman scored the winning goal in the shootout and Bo Horvat scored twice in regulation as the Islanders beat the Golden Knights 5-4 on Tuesday.
Cody Glass scored the tiebreaking goal on a wrist shot with 7:36 remaining, and the Devils beat the Senators 4-3 on Tuesday night.
Edwin Díaz has agreed to a $69 million, three-year contract with the World Series champion Dodgers, The Associated Press reported Tuesday.
NBA star Terry Rozier was arrested in Orlando in October during a sweeping FBI crackdown in which 34 defendants were charged across two federal indictments.
A 20-year-old man surrendered himself to authorities in Buffalo, police said, more than three weeks after Boyd was shot and wounded in Manhattan.
Residents on East 57th Street say reckless drivers have caused life-altering injuries and even death, but despite petitions and years of advocacy, the city has yet to install a speed bump.
Neighbors in Brooklyn's Victorian Flatbush are expressing frustration after the city designated only part of their area as a historic district.
Brooklyn's Prospect Park is getting financing for a long-term project to battle the impacts of climate change, city leaders say.
The Brooklyn Conservatory of Music plans a 12,000-square-foot campus at One Prospect Park West, aiming to serve thousands more with music therapy and education programs.
Some residents at NYCHA's Eastchester Gardens in the Bronx say they've been shivering on and off all week.
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.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Dogs got decked out for the annual Tompkins Square Halloween Dog Parade in New York City's East Village on Saturday.
Cosplayers flooded New York City's Javits Center in October 2024 for the annual New York Comic Con convention.
Some drivers claim they have no idea anything is wrong until the bill is suddenly in the thousands of dollars. Investigative reporter Mahsa Saeidi shows us how fast that can happen.
Huge flames and heavy smoke poured from the building, causing part of the roof to collapse onto the top floor. CBS News New York's Naveen Dhaliwal spoke with tenants who tried to help others escape.
CBS News New York's Ali Bauman has the latest on the accused United Healthcare CEO killer's day at an evidence suppression hearing in New York City.
President Trump held a rally in Pennsylvania on Tuesday where he focused on the economy. Erica Brown reports from Washington, D.C.
An NJ Transit bus crashed onto a road divider and got stuck in Jersey City on Tuesday.
