Consumer Price Index explained
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.
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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.
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U.S. economy grew at 2.9% rate in last three months of year despite pressure of high rates and fears of recession.
If you're feeling the squeeze when it comes to your finances, "The Great Money Reset" could be a big help.
The lack of snow is taking a financial toll from Maine to Michigan.
The fight over the nation's debt limit could have very real implications on everything from your 401(k) to Social Security.
Inflation is finally slowing down, CBS2's Alice Gainer reports.
With inflation appearing to slow down nationwide, it means more money will be in your pockets -- even if the Tri-State Area's local report is showing a different outcome. CBS2's John Dias has the details.
Some analysts predict December inflation will be down from the 7.1% in November. CBS2's John Dias reports.
Cuts have been happening in tech, banking, real estate, retail, and media.
The House vote to impose a contract brokered by the White House but rejected by some workers was 290 to 137.
New data shows things are calming down just a bit. CBS2's John Dias explains why.
A slight decrease is expected, but it will still be a long way from the feds goal of 2%. CBS2's John Dias has the details.
"I got this wrong," admits CEO Mark Zuckerberg as his company grapples with faltering revenue and broader tech industry woes.
Surge in borrowing costs is pushing some buyers out of the market, while sellers face a quandary.
Truss faced a fast-mounting rebellion just weeks into her tenure, with a senior member of her own party declaring he'd "had enough of talentless people."
President Biden announced the release of 15 million barrels of oil from the U.S. strategic reserve as part of a response to recent production cuts announced by OPEC+ nations.
"The Fed isn't about to 'pivot' and there is more monetary tightening to come," said one analyst.
Wall Street continues to find its footing Wednesday after stocks tumbled to their worst day in two years following the latest inflation report. CBS2's Elijah Westbrook spoke with consumers and experts to see how they're dealing with the squeeze on their finances.
Americans are now digging deeper into their wallets for everything from groceries to goods and services with no relief in sight. CBS2's Elijah Westbrook has more.
Gov. Kathy Hochul signed legislation designed to create jobs, reduce carbon emissions and boost economic growth upstate
The new report shows inflation slowed last month.
The bill's passage is a significant achievement for Democrats as they look to maintain their hold on Congress in the November midterm elections.
Senators debated amendments to the economic bill, which contains many of President Biden's climate, energy, health and tax goals.
The Senate's nonpartisan rules arbiter has dealt a blow to Democrats' plan for curbing drug prices.
A woman was arrested after her dog was found with a severe cut to its throat near a New York cemetery. She's now facing aggravated animal cruelty and abandonment charges.
Three people were shot in an apparent murder-suicide in a Bronx apartment building Thursday morning, police said.
A winter storm is headed to the Tri-State Area with heavy snow expected. New Yorkers could see a significant amount with more than 6 inches Sunday night into Monday.
Starting July 1, as many as 450,000 New Yorkers will lose EP coverage and be forced into marketplace health care plans.
The active New York Mets have acquired ace pitcher Freddy Peralta and right-hander Tobias Myers from Milwaukee in a trade that sent two top prospects to the Brewers.
Three people were shot in an apparent murder-suicide in a Bronx apartment building Thursday morning, police said.
A winter storm is headed to the Tri-State Area with heavy snow expected. New Yorkers could see a significant amount with more than 6 inches Sunday night into Monday.
Starting July 1, as many as 450,000 New Yorkers will lose EP coverage and be forced into marketplace health care plans.
A former Bronx middle school gym teacher has pleaded not guilty to raping a 14-year-old girl.
Twice this week, swastikas have been found painted all over a playground at Gravesend Park in Brooklyn.
A winter storm is headed to the Tri-State Area with heavy snow expected. New Yorkers could see a significant amount with more than 6 inches Sunday night into Monday.
Residents are feeling the cold weather, but there will be a slight break Thursday. All eyes are on the weekend with the possibility of a winter storm.
Dangerously cold weather is gripping the Tri-State Area with little relief as the frigid temperatures continue into the weekend.
Many dangers lurk when the temperature plummets, including hypothermia, frostbite and even a heart attack.
The weekend of snow in the New York City area finally wrapped up overnight, but don't let it fool you. Temperatures are about to plummet.
A winter storm is headed to the Tri-State Area with heavy snow expected. New Yorkers could see a significant amount with more than 6 inches Sunday night into Monday.
An audit for the Hackensack School District uncovered a $17 million budget gap for the 2025-2026 academic year and a projected $24 million gap for the next.
While clothing isn't subject to sales tax in New Jersey, Skims collected it from customers. The company will now be issuing refunds.
Residents are feeling the cold weather, but there will be a slight break Thursday. All eyes are on the weekend with the possibility of a winter storm.
A New Jersey family has been reunited with their beloved dog that was lost when their car was stolen.
A winter storm is headed to the Tri-State Area with heavy snow expected. New Yorkers could see a significant amount with more than 6 inches Sunday night into Monday.
A list of the most dangerous roads in New York is out, and four of them are on Long Island.
A Long Island woman has been charged after officials say more than 100 cats were rescued from deplorable conditions at her West Islip home.
Residents are feeling the cold weather, but there will be a slight break Thursday. All eyes are on the weekend with the possibility of a winter storm.
Dangerously cold weather is gripping the Tri-State Area with little relief as the frigid temperatures continue into the weekend.
The FCC is warning that daytime talk shows and late-night programs must give equal time to opposing political candidates, taking aim at a genre of TV that has long drawn President Trump's ire.
Homeless encampments are still a critical problem in New York City, and it remains to be seen how Mayor Zohran Mamdani will deal with them.
A list of the most dangerous roads in New York is out, and four of them are on Long Island.
The New York State Department of Motor Vehicles is going dark for five days in February to upgrade computer systems that date back six decades.
A judge on Wednesday threw out the boundaries of the only congressional seat in New York City represented by a Republican.
Starting July 1, as many as 450,000 New Yorkers will lose EP coverage and be forced into marketplace health care plans.
Striking New York City nurses are set to return to the bargaining table Thursday, the New York State Nurses Association said.
Mayor Zohran Mamdani and Vermont Sen. Bernie Sanders joined striking New York City nurses on the picket line Tuesday.
New York City's largest nurses strike is now in Week 2 and it appears negotiations toward a deal remain at a standstill.
Negotiators for major New York City hospitals and the state nurses union returned to the bargaining table as the city's largest nurses strike enters a fifth day.
The nominees for the 98th annual Academy Awards were announced Thursday morning, and though "One Battle After Another," "Marty Supreme," "Frankenstein" and "Hamnet" were all nominated for plenty, it was "Sinners" that broke through with a record-smashing 16 nominations.
The FCC is warning that daytime talk shows and late-night programs must give equal time to opposing political candidates, taking aim at a genre of TV that has long drawn President Trump's ire.
The 2026 Songwriters Hall of Fame inductees were revealed on "CBS Mornings" on Wednesday. See the full list.
Channing Tatum is bringing "Magic Mike Live" to New York City, promising to "turn up the gas" on the popular show.
Kianna Underwood, a former Nickelodeon child actress, was identified as the woman killed in a hit-and-run in Brooklyn.
The active New York Mets have acquired ace pitcher Freddy Peralta and right-hander Tobias Myers from Milwaukee in a trade that sent two top prospects to the Brewers.
The Knicks broke a four-game losing streak without breaking a sweat, crushing the Nets 120-66 on Wednesday night.
The Yankees have reportedly agreed to a long-term contract with free agent outfielder Cody Bellinger.
The New York Mets acquired Luis Robert Jr. in a trade with the Chicago White Sox on Tuesday, filling a hole in center field.
Goalie Darcy Kuemper has left the Los Angeles Kings' game against the New York Rangers after a collision in the crease late in the first period.
A critical seasonal blood shortage is prompting renewed calls for New Yorkers to donate.
Puppet shows, peaceful protests and acts of service helped families reflect on Dr. Martin Luther King Jr.'s legacy through a child's perspective.
Nearly 100 tenants from three different buildings managed by A&E Real Estate on the Upper West Side rallied on Monday.
A group in Queens has banded together to revive landlines and give their children a simpler way to socialize.
A city-approved plan to rezone a stretch of Atlantic Avenue is expected to bring thousands of new apartments to Brooklyn, but tenant advocates say the deal falls short for lower-income residents and could accelerate displacement.
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.
A deer was caught on video jumping thorough a bank's window in Suffolk County before officers chased it around.
Robert Sinclair, AAA New York Manager of Public Relations, speaks with CBS News New York's Mary Calvi about the low cost of gas across the Tri-state area.
Community members gathered Wednesday night calling for justice and looking for answers about the deadly shooting.
The New York Mets acquired 29-year-old right-hander Freddy Peralta from the Milwaukee Brewers, giving up two prospects for him.
Health care advocates say a big change is coming this summer that'll drive up costs for hundreds of thousands more. CBS News New York investigator Mahsa Saeidi reports.
