New inflation numbers released Wednesday
The new report shows inflation slowed last month.
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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.
Mayor Eric Adams is expected to make the announcement this morning at JFK Airport.
Defender James Sands made a spectacular goal clearance before scoring in first-half stoppage time to help NYCFC earn a 1-1 draw with the New England Revolution on Sunday.
A small earthquake was detected in Morris County, New Jersey, on Saturday, officials say.
The meeting comes as Democrats are expected to take control of the House in the November elections, with Jeffries in line to become the next House Speaker.
A nice stretch of weather kicks off the week in the New York City area before a heightened chance of rain returns.
The NYPD is looking for a hit-and-run driver who they say fatally struck a woman in Greenwich Village early Sunday morning.
A nice stretch of weather kicks off the week in the New York City area before a heightened chance of rain returns.
The NYPD is looking for a hit-and-run driver who they say fatally struck a woman in Greenwich Village early Sunday morning.
A shooting at a Brooklyn restaurant early Sunday morning left one employee dead and another injured, police sources say.
New York City's EMS needs to be competitive in salary as the department faces staffing struggles, FDNY Commissioner Lillian Bonsignore says.
A Burmese python was confiscated near the Coney Island boardwalk in July, New York state officials say.
A nice stretch of weather kicks off the week in the New York City area before a heightened chance of rain returns.
Along with the increasingly humid conditions comes another chance of showers and storms overnight Saturday into Sunday.
Rainy weather returns to the New York City area Sunday, bringing with it the threat of flooding.
Bayonne, New Jersey, is heading to the Little League World Series after beating Darien, Connecticut, in the Metro Region Tournament on Friday.
We're in great shape on this Friday as we gear up for another weekend.
A small earthquake was detected in Morris County, New Jersey, on Saturday, officials say.
A nice stretch of weather kicks off the week in the New York City area before a heightened chance of rain returns.
The boys from Bayonne, New Jersey, had their first loss of the season Sunday, but their Little League World Series journey isn't over yet.
The Keasbey Fire Department in Woodbridge Township, which first organized 118 years ago, is set to close in October.
The undefeated Bayonne, New Jersey, all-star Little Leaguers beat West Chester, Pennsylvania, on Friday night in their second game in the Little League World Series.
Suffolk County Police say officers rescued a family from a boat that ran aground in the mouth of the Fire Island Inlet early Sunday morning.
Long Island's Sun and Surf Beach Club remained closed Saturday, two days after it was ravaged by a tornado.
Long Island's Sun and Surf Beach Club remained closed Saturday, two days after it was ravaged by a tornado. CBS News New York's Kristie Keleshian reports.
Cleanup efforts continue this weekend on Long Island after an EF-1 tornado hit the area Thursday. CBS News New York's Kristie Keleshian reports.
The clean-up at a Long Island beach club after Thursday's tornado will take some time. CBS News New York's Adi Guajardo reports.
The meeting comes as Democrats are expected to take control of the House in the November elections, with Jeffries in line to become the next House Speaker.
Neel Kashkari, president of the Federal Reserve Bank of Minneapolis, said the tariff fight with Canada could extend U.S. inflation, should the tense trade dynamic between the historically allied countries continue.
President Trump and first lady Melania Trump began the Freedom 250 Grand Prix IndyCar race through the streets of Washington, D.C, with a slow lap around the course.
U.S. Army Secretary Dan Driscoll is considering stepping down from his post by the end of the year, two people familiar with the matter told CBS News Saturday.
The U.S. and Canada have wrangled for decades over trade, and somehow, they still managed to remain friends, allies and trading partners.
This year, ER visits for tick bites have increased dramatically, corresponding with a new threat: a rise in Alpha-gal syndrome (AGS), where one bite from a lone star tick can make you violently allergic to red meat. How can you best avoid tick bites?
A New Yorker has tested positive for West Nile virus, the city health department announced Wednesday.
Researchers say an alarming study on cognitive decline is specific to the African American community in Newark, New Jersey.
Moderna and Merck announced study results that reflect a "landmark moment" in treatment for one of the deadliest forms of skin cancer.
Two more deaths have been reported in connection to the Legionnaires' disease cluster on the Upper East Side, health officials said Friday.
"Today, Elwood and I lost a great friend and collaborator, and the world lost one of the most naturally innovative drummers and a great and true son of Texas," ZZ Top's Billy Gibbons said in a statement.
Brian Hickerson and his brother, Zach, made the 911 call that brought first responders to the apartment where Hayden Panettiere was found unresponsive.
Hayden Panettiere, who starred in "Remember the Titans" as a child actor and rose to fame in the series "Heroes," has died at the age of 36. The coroner's office says she was found in cardiac arrest.
The lineup for the 2026 Global Citizen Festival in New York City was announced Thursday.
Latin music stars Marc Anthony, Feid, and others are set to perform at a benefit concert in Miami on August 16.
Defender James Sands made a spectacular goal clearance before scoring in first-half stoppage time to help NYCFC earn a 1-1 draw with the New England Revolution on Sunday.
It was Peters' third walk-off hit of the season.
The New York Yankees pulled away for an 8-3 victory over the Toronto Blue Jays on Sunday.
The boys from Bayonne, New Jersey, had their first loss of the season Sunday, but their Little League World Series journey isn't over yet.
The New York Mets beat the AL Central-leading Chicago White Sox on Saturday night.
The DSNY reported an increase in needle stick injuries for New York City sanitation workers.
A Queens homeowner says that overgrown city trees on her block are creating a safety hazard at night.
Neighbors say Flushing Meadows Corona Park has been falling into disrepair for years.
The owner of a beloved Harlem food truck known for its burgers under $5 is retiring and selling the business.
The historic Art Deco bathhouse at Jacob Riis Park is getting a new life as the Rockaway Ocean Club. But as the long-dormant building reopens, some locals are questioning who will have access to its amenities.
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.
It was a tough loss for Bayonne in the Little League World Series on Sunday, but fans are keeping hope alive as the team faces a win-or-go-home game. CBS News New York's Kristie Keleshian reports.
CBS News New York's Vanessa Murdock has your weather forecast for August 23 at 6:30 p.m.
The U.S. Open's Fan Week kicked off Sunday with Kids' Day.
Hundreds of motorcycle riders took part in the final leg of the 25th Annual America's 9/11 Ride on Sunday.
Deaths among homeless people in New York City saw a significant drop last year, according to city data.
