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.
New York scored on a game-ending wild pitch in a three-run ninth inning to overcome Mike Trout's two homers for Los Angeles.
Quick, a three-time Stanley Cup champion, announced his retirement before Monday's game after 19 seasons.
Kaori Patterson-Moore's tiny casket was surrounded by flowers inside the funeral home in Crown Heights.
The victim of a deadly shooting at a Chick-fil-A restaurant in Union, New Jersey, has been identified as a 23-year-old customer from New York City.
A New York man was sentenced to prison time for using stolen credit cards to buy more than $66,000 in liquor from stores across Pennsylvania, authorities said.
Kaori Patterson-Moore's tiny casket was surrounded by flowers inside the funeral home in Crown Heights.
Fire departments across New York are opening their doors this weekend in a bid to attract sorely needed new volunteers.
Monday marks Yom HaShoah, known as Holocaust Remembrance Day. It is customary to honor the day by hearing a survivor's story.
New York City Mayor Zohran Mamdani announced East Harlem's La Marqueta will be the home of the Big Apple's first city-owned and operated grocery store.
The Trump administration agreed to restore the Stonewall National Monument's Pride flag in Greenwich Village after it was removed.
Parts of the New York area could see record high temperatures during a summerlike stretch of weather this week.
A major warmup, featuring summer-like temperatures in the 80s, will take over the Eastern Seaboard beginning Monday.
New York City and the Tri-State Area are finally turning the corner to warmer weather this week.
When UConn plays Michigan for the NCAA Men's Basketball championship tonight in Indianapolis, there are a few places in New York City where fans can root on their schools.
The average price for a gallon of gas in New York City is now $4.11, which is 82 cents higher than a month ago, according to AAA.
The victim of a deadly shooting at a Chick-fil-A restaurant in Union, New Jersey, has been identified as a 23-year-old customer from New York City.
NJ Transit riders are in for some high-tech upgrades in the near future.
A North Carolina man was arrested in connection with the decades-old unsolved murder of a New Jersey woman on Friday night.
One person is dead and another is in critical condition after a shooting inside the Excelcare rehabilitation facility in Egg Harbor Township Monday morning.
Parts of the New York area could see record high temperatures during a summerlike stretch of weather this week.
Fire departments across New York are opening their doors this weekend in a bid to attract sorely needed new volunteers.
A cat was rescued when it was spotted lying on the Long Island Rail Road tracks between Lindenhurst and Babylon Sunday night.
Parts of the New York area could see record high temperatures during a summerlike stretch of weather this week.
A major warmup, featuring summer-like temperatures in the 80s, will take over the Eastern Seaboard beginning Monday.
The brutal winter took out much of Southold Town Beach's sand and parking lot, forcing it to close for swimming this summer.
New York City Mayor Zohran Mamdani announced East Harlem's La Marqueta will be the home of the Big Apple's first city-owned and operated grocery store.
President Trump told CBS News senior correspondent Norah O'Donnell that Pope Leo is "wrong on the issues" Monday after lashing out at the pontiff late Sunday in a Truth Social post.
"I plan to resign my seat in Congress," Democratic Rep. Eric Swalwell said Monday as he faces an expulsion vote.
The Trump administration agreed to restore the Stonewall National Monument's Pride flag in Greenwich Village after it was removed.
Pope Leo has been critical of the war in Iran and other priorities of the Trump administration, but says his comments are "not meant as attacks on anyone."
Advocates fear New York state could be taking a step back when it comes to biomarker testing access for those with Medicaid.
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.
Afrika Bambaataa, a rapper and producer, was best known for breakthrough tracks like 1982's "Planet Rock" and for founding the Universal Zulu Nation art collective.
A federal judge in New York has tossed out actor Blake Lively's sexual harassment claims against actor Justin Baldoni over their roles in the movie "It Ends With Us," but left intact a claim for retaliation.
Atlanta rapper Gucci Mane was lured to a Dallas studio for a meeting, then allegedly kidnapped and robbed by a group including rappers Pooh Shiesty and Big30.
Megan Thee Stallion was released from a New York City hospital after she got sick during a performance of "Moulin Rouge! The Musical."
The price hike raises the cost of the standard plan with ads by $1 per month and the cost of the standard and premium plans by $2.
New York scored on a game-ending wild pitch in a three-run ninth inning to overcome Mike Trout's two homers for Los Angeles.
Quick, a three-time Stanley Cup champion, announced his retirement before Monday's game after 19 seasons.
Nico Hischier scored his second goal of the game on the power play with 1:45 left in overtime to give the New Jersey Devils a 4-3 win over the Ottawa Senators on Sunday night.
Nick Suzuki had a goal and an assist and the Canadiens beat the Islanders 4-1 on Sunday, eliminating New York from playoff contention.
With Sunday's 110-96 loss to the Hornets, the Knicks finished the regular season 53-29 and with the No. 3 seed in the Eastern Conference playoffs.
New York City Mayor Zohran Mamdani's administration unveiled a dramatic traffic redesign at Brooklyn's Grand Army Plaza.
New York City business owners are pushing on the State Legislature to pass Gov. Kathy Hochul's reforms that would roll back some of the climate legislation passed by New York state in 2019.
Ismael Ox lost his right hand as a child in a grenade attack, survived homelessness in the U.S., and became a citizen, all while training to represent Team USA in para Taekwondo.
These kids from Brooklyn are playing tennis in their school hallways, cafeterias and auditoriums, to make the most of limited space and resources.
Preparations for Passover in Brooklyn blend centuries-old rituals with modern traditions unique to each family.
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.
Scott Padgett has the Tri-State Area's updated Monday night First Alert Forecast on CBS News New York.
Jennifer and William Malave bought a used BMW from a licensed dealer and paid in full. Then it was suddenly towed out of their driveway. CBS News New York's Mahsa Saeidi reports.
Mamdani fulfilled a campaign promise and announced the first site for a city-owned grocery store in East Harlem. CBS News New York's Naomi Ruchim reports.
The war with Iran is heightening tensions between the White House and the Vatican. CBS News New York's Allen Devlin reports.
Investigators said 23-year-old Malek Shepherd was killed in the shooting at Chick-Fil-A in Union Township.