Gov. Hochul signs bill to create jobs, boost upstate economy
Gov. Kathy Hochul signed legislation designed to create jobs, reduce carbon emissions and boost economic growth upstate
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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.
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.
