Surprising jobs report shows low unemployment
The Labor Department said practically all jobs lost during the pandemic have been restored.
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The Labor Department said practically all jobs lost during the pandemic have been restored.
Billionaire Elon Musk said Tuesday he intends to reverse Twitter's ban against former President Donald Trump. CBS News' Tanya Rivero and Dan Patterson break down this announcement with CBS News tech reporter Dan Patterson.
The economy shrank again in the second quarter, fueling debate about whether or not the country is in a recession. CBS News reports.
Depending on what the report says, we could be officially in a recession. CBS2's Zinnia Maldonado has more.
The Federal Reserve, as expected, announced it is raising interest rates by three-quarters of a percentage point to help tamp down inflation. CBS News' Tanya Rivero and Christina Ruffini get analysis of the economic and political impact from Ted Rossman, senior industry analyst at Bankrate.com; CBS News political correspondent Caitlin Huey-Burns; and Michelle Singletary, Washington Post personal finance columnist.
The rise in the federal funds rate, which is what banks charge each other for overnight loans, comes as several significant pieces of economic data are released this week.
The move is meant to curb historically high inflation.
The newest figures are raising some serious concerns about our economy.
Prices continue to climb for everything from gas, to food and rent. CBS2's Lisa Rozner reports.
Sale means brand will return to Israel and West Bank — with or without Vermont ice cream maker's support.
This comes as Americans see consumer prices skyrocket on everything from groceries to gas. CBS2's Elijah Westbrook reports.
CBS2's Nick Caloway has more on what this could mean for your wallet and investments.
"Inflation is much too high," Fed Chair Jay Powell said of the U.S. central bank's largest rate hike since 1994.
Many Americans are worrying about their retirement funds as stocks dropped drastically yesterday. CBS2's Elijah Westbrook has more on what this means.
Futures are higher this morning, but it follows more big losses Monday. CBS2's Elijah Westbrook has more on what it means for the average investor.
The Labor Department reports prices may surge 8.6%.
Dr. Giacomo Santangelo makes some painful predictions after an already difficult pandemic
Consumers could soon feel a bigger squeeze on credit cards, debts and mortgages.
JetBlue and mayor's office announce partnership to bring 5,000 additional jobs to New York City.
Mayor Eric Adams thanked the airline for helping with the city's economic recovery.
Mayor Eric Adams is expected to make the announcement this morning at JFK Airport.
As many employees continue to work from home, there are concerns along Long Island's major office park corridor of Route 110 that things have changed permanently. CBS2's Jennifer McLogan reports.
The mayor's plans include a $140 million investment in the Hunts Point Market and surrounding Bronx community.
Economists hope pandemic price hikes driven by high demand and supple chain problems will ease soon.
As inflation rates continue to rise, President Biden reiterated that his administration has a plan to address the issue. He said he will "lower your costs, not your wages." Watch this portion of his State of the Union address.
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 inside a Bronx apartment building during what police said was an apparent murder-suicide.
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 inside a Bronx apartment building during what police said was an apparent murder-suicide.
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.
This week's Furry Friend Finder is highlighting Peanut, who is a 10-month-old husky mix.
Ryan Coogler's vampire thriller earned the most Academy Award nominations ever, including for Best Picture and Best Director. CBS News' Gwen Baumgardner reports.
Former special prosecutor Jack Smith defended his investigations into President Trump as he testified for the first time on Capitol Hill.
It's a nice day out with temperatures in the 40s, but they will dip headed into the weekend. CBS News New York's Tony Sadiku has the latest on the potential snow storm coming.
Two people were found dead and one was found injured at a Bronx apartment complex on Thursday morning. CBS News New York's Ali Bauman reports.
