Parliamentarian alters drug plan in Inflation Reduction Act before Senate vote
The Senate's nonpartisan rules arbiter has dealt a blow to Democrats' plan for curbing drug prices.
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The Senate's nonpartisan rules arbiter has dealt a blow to Democrats' plan for curbing drug prices.
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.
Police are searching for a suspect who jumped into the water at Mill Basin to evade police. It happened at around midnight at the Kings Plaza Shopping Center in Brooklyn.
The New York Knicks outlasted the Brooklyn Nets 93-92 on Friday night for their fifth consecutive victory.
Nicholas Brendon was best known for his role as Xander Harris on all seven seasons of "Buffy the Vampire Slayer."
The Washington Capitals beat the New Jersey Devils 2-1 on Friday night.
Fifth-seeded St. John's beat Northern Iowa 79-53 on Friday night for its second NCAA Tournament victory since 2000.
Police are searching for a suspect who jumped into the water at Mill Basin to evade police. It happened at around midnight at the Kings Plaza Shopping Center in Brooklyn.
A Florida man has been arrested in connection to a deadly Upper East Side hit-and-run.
A man was driving under the influence Thursday night when he struck two cyclists, killing one, the NYPD said.
New York and New Jersey lawmakers have announced a bipartisan, bi-state bill to address E-ZPass late fees.
The good Samaritan who helped a woman after she was randomly attacked and stabbed in Queens is speaking out.
It may not feel like spring right away, but Friday's weather does deliver a clear shift in the air in New York City.
The New York City area will be under a wind advisory Monday with periods of heavy rain and severe thunderstorms expected across the region.
The New York area is in for a mild weekend before the weather takes a turn to start the work week.
It will be rainy on Thursday morning, and the weather will change to snow as temperatures drop across the Tri-State Area.
Thunderstorms are expected in New York, New Jersey and Connecticut this weekend after severe weather hit the Midwest.
A New Jersey teen attending yeshiva school in Israel is back home after a journey that took him through three countries, at times on foot.
Gov. Mikie Sherrill accused ICE of ignoring the concerns of Roxbury residents after it bought the vacant warehouse on Route 46.
It may not feel like spring right away, but Friday's weather does deliver a clear shift in the air in New York City.
Last year, electricity rates in New Jersey spiked more than almost any other state, according to a new congressional report.
Montclair School District Board of Education members broke down in tears as they voted to close Renaissance Middle School.
What started as a sinus infection left a Long Island teenager fighting for his life, requiring emergency brain surgery.
Bodycam video footage of Justin Timberlake's June 2024 DWI arrest on Long Island was released to the media Friday.
It may not feel like spring right away, but Friday's weather does deliver a clear shift in the air in New York City.
A driver was indicted on manslaughter and assault charges Thursday in a deadly crash that killed two teenagers on Long Island back in January.
Tens of thousands of customers lost power across the New York-New Jersey area as severe weather whipped through the region.
The Trump administration has been strategizing methods and options to secure or extract Iran's nuclear materials, according to multiple sources, as the military campaign against Tehran enters a more uncertain phase.
New York and New Jersey lawmakers have announced a bipartisan, bi-state bill to address E-ZPass late fees.
Border czar Tom Homan is expected back on Capitol Hill later Friday for bipartisan talks.
It is unclear under what circumstances President Trump would authorize the use of U.S. troops on the ground in Iran.
The Dark Skies Protection Act is aimed at reducing artificial light between 11 p.m. and 5 a.m. across New York state.
What started as a sinus infection left a Long Island teenager fighting for his life, requiring emergency brain surgery.
Older adults in New Jersey recorded the highest number of suspected overdose deaths in 2025, according to the New Jersey Department of Health.
The first case of mpox clade I has been detected in New York City, health officials said Friday. Of the two types of mpox, clade I is known to cause more severe disease and death.
Heights University Hospital, formerly known as Christ Hospital, shuttered its emergency room Saturday night.
New Jersey Sen. Andy Kim is opening up about his father's Alzheimer's diagnosis in hopes of helping others struggling like him to care for their loved ones.
CBS News announced Friday that CBS News Radio will be shutting down this spring after nearly 100 years of broadcasting, citing "challenging economic realities."
Bodycam video footage of Justin Timberlake's June 2024 DWI arrest on Long Island was released to the media Friday.
Chuck Norris' family said his death at 86 was sudden, but did not share any details on the cause.
ABC has canceled its already filmed season of "The Bachelorette" starring Taylor Frankie Paul after video surfaced of a 2023 incident in which she was charged with assault.
Michael B. Jordan's best actor win at Sunday night's Academy Awards resonated at his alma mater, Arts High School in Newark.
The New York Knicks outlasted the Brooklyn Nets 93-92 on Friday night for their fifth consecutive victory.
The Washington Capitals beat the New Jersey Devils 2-1 on Friday night.
Fifth-seeded St. John's beat Northern Iowa 79-53 on Friday night for its second NCAA Tournament victory since 2000.
No. 4 seed Alabama rallied from an early double-digit deficit to beat 13th-seeded Hofstra 90-70 in a first-round game in the Midwest Region of the NCAA Tournament on Friday.
Top-seeded Arizona opened its NCAA Tournament run with a 92-58 victory over Long Island on Friday.
Members of the Apollo Theater, where Kiki Shepard left her mark for 15 years, reflect on her legacy after the Harlem icon's death at age 74.
The Rev. Al Sharpton is calling on New York City to help protect the Merchant's House Museum in Manhattan after a recent discovery revealed connections to the Underground Railroad.
A Harlem school is teaching students how to love, honor and care for their natural hair.
The NYC DEP has announced plans to clean Flushing Creek with chlorine, sparking outrage among some environmentalists.
Neighbors and local businesses in Long Island City, Queens, say rental trucks parked on streets are impacting daily operations.
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.
Two people are accused of attempting to steal a car from the Kings Plaza shopping center. One of them is in custody, but the other suspect attempted to get away by jumping into the water. CBS News New York's John Dias reports.
St. John's is headed to the Second Round of the NCAA men's basketball tournament after blowing out Northern Iowa. CBS News New York's Otis Livingston and Andrew Ramos report.
CBS News New York's Scott Padgett has your First Alert Forecast for March 20 at 11 p.m.
A driver is accused of running over two delivery workers in Harlem, killing one and critically injuring the other. It was all caught on camera. CBS News New York's Adi Guajardo reports.
Thousands more Marines and war ships are headed toward the Middle East, but President Trump says he's considering "winding down" the operation. CBS News New York's Lisa Rozner reports.
