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.
Synagogues, homes and a car in Queens were all targeted with antisemitic graffiti overnight.
The stars are out at the Met Gala, walking the red carpet adorned in clothing designed for the "Costume Art" theme.
Murders in New York City hit a record low for the first four months of 2026, the NYPD said Monday. It comes amid a citywide drop in major crime of 9.5%, police said.
With support from NFL teams in Philadelphia and New York, New Jersey has approved flag football for high school girls.
Tickets for Monday's Metropolitan Museum of Art event in New York City are into the six figures — if you get an invite.
Synagogues, homes and a car in Queens were all targeted with antisemitic graffiti overnight.
The stars are out at the Met Gala, walking the red carpet adorned in clothing designed for the "Costume Art" theme.
Murders in New York City hit a record low for the first four months of 2026, the NYPD said Monday. It comes amid a citywide drop in major crime of 9.5%, police said.
Brooklyn College announced Monday it will indeed have graduating seniors walk across the stage during their May 28 commencement ceremony at the Barclays Center.
Firefighters responded to Broadway's Eugene O'Neill Theater Monday morning after a blaze broke out.
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.
With support from NFL teams in Philadelphia and New York, New Jersey has approved flag football for high school girls.
An 8-year-old boy is recovering after being attacked by a beaver in Mahwah, New Jersey.
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.
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.
Murders in New York City hit a record low for the first four months of 2026, the NYPD said Monday. It comes amid a citywide drop in major crime of 9.5%, police said.
The 81-year-old former New York City mayor has been hospitalized for pneumonia, his spokesperson said.
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.
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.
The stars are out at the Met Gala, walking the red carpet adorned in clothing designed for the "Costume Art" theme.
Firefighters responded to Broadway's Eugene O'Neill Theater Monday morning after a blaze broke out.
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.
With support from NFL teams in Philadelphia and New York, New Jersey has approved flag football for high school girls.
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."
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.
On Monday, it made a poignant stop at the Navy Seal Museum on Long Island. CBS News New York's Carolyn Gusoff reports from Sayville.
Three people died and more than a dozen were hurt after a large fire broke out early Monday morning at an apartment building in Inwood in Upper Manhattan. CBS News New York's Jennifer Bisram reports.
The 2026 Met Gala is here, and with it is a who's who of celebrities wearing over-the-top looks. CBS News New York's Ali Bauman reports.
As CBS News New York's Nick Caloway reports, a planned reconstruction project in Caldwell could wipe out the tree canopy that defines the block.
CBS News New York's Ali Bauman is on the red carpet as the celebs dazzle in creative outfits.
