Adams unveils plans to revitalize New York City's economy
The mayor's plans include a $140 million investment in the Hunts Point Market and surrounding Bronx community.
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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.
As inflation rates continue to rise, President Biden reiterated that his administration has a plan to address the issue. He said he will "lower your costs, not your wages." Watch this portion of his State of the Union address.
The governor spoke Tuesday morning in Harlem.
The U.S. and its allies have hit Russia with a series of punishing sanctions in an attempt to weaken its economy after it invaded Ukraine. Nancy Cordes has more on the fallout.
Many Americans feel the economic squeeze is likely to grow tighter, thanks to the war in Eastern Europe. CBS2's Tony Aiello spoke with some experts for a look at what to expect.
A key inflation gauge, the Consumer Price Index, rose 7.5% from a year ago, the Labor Department reported Thursday — the largest increase since May of 1982.
That means you'll likely be paying more for certain loans. CBS2's Jessica Moore has advice from the experts.
Many Americans are feeling the squeeze and sticker shock at the grocery store. We're all paying more for everyday items than we have in decades.
Gov. Kathy Hochul announced 40 new pop-up vaccine sites would open statewide.
After almost two years of being kept out, foreign travelers are now allowed back in the U.S., and here in New York they're being welcomed with open arms.
People looking for work after a tough 18-month stretch lined up at the recruitment event in Flushing.
Under the agreement, the company will receive $109 million in tax breaks over three years as it relocates to a new campus in Berkeley Heights.
In June, consumer prices accelerated at the fastest pace since 2008.
Pent up by COVID-19 lockdowns, a majority of Americans have indicated they will embark on a post-pandemic buying spree.
The Group of Seven wealthy democracies agreed Saturday to support a global minimum corporate tax of at least 15% to deter multinational companies from stashing profits in low-rate countries.
Some Americans still do not have proper access to high-speed internet, which puts a strain on the economy and is leaving minorities and low-income families with an education deficit. President Biden's $3 trillion infrastructure plan could begin to tackle the issue, but there is still more to be done. CBS News political contributor and BluePrint Strategy founder Antjuan Seawright and Simmons University associate professor Colin Rhinesmith joined CBSN's Lana Zak to discuss.
It's back to business for Bar Dough in Hell's Kitchen, where 50% of its employees are now back to work after COVID-19 restrictions forced the restaurant to shut down in January for two months.
It's one of the busiest trade routes in the world, with ships carrying everything from crude oil, clothing, furniture, car parts and toilet paper.
The pandemic-fueled economic crisis has forced many people to face tough new realities. Some industries have barely survived, but others have found a way to thrive.
It's a holiday unlike any other. Millions of Americans struggling financially are worrying about their inability to give traditional tips to deserving service workers that they depend on.
The team is poised to take the helm of the federal government as the nation grapples with the economic fallout of the coronavirus pandemic.
Volunteers were giving away boxes of groceries to 500 families in Washington Heights. Many people waiting told CBS2 the food will help them stretch their unemployment checks.
Analysts said the country's latest jobs report was better than expected, but still cause for concern.
Employers added 1.8 million jobs last month, the Labor Department said Friday, meaning only about 40% of the country's jobs lost during the March and April shutdowns have been regained.
Casey Mize matched a career high with 10 strikeouts over seven innings and the Tigers capitalized on shoddy defense by the slumping Yankees in a 7-3 victory Monday night.
George Springer capitalized on two miscues to circle the bases, Trey Yesavage pitched into the seventh inning and the Blue Jays beat the bumbling Mets 2-1 on Monday night.
The anticipated pain of a massive property tax increase in Jersey City has been alleviated somewhat.
A 13-year-old boy was killed and another teenager was hurt when the moped they were on crashed into an open driver's side door in Queens on Monday afternoon.
The number of older adults using smartphones soared from 55% in 2016 to 90% now, according to the AARP. That makes senior citizens one of the fastest growing groups using digital devices.
A 13-year-old boy was killed and another teenager was hurt when the moped they were on crashed into an open driver's side door in Queens on Monday afternoon.
The number of older adults using smartphones soared from 55% in 2016 to 90% now, according to the AARP. That makes senior citizens one of the fastest growing groups using digital devices.
Prosecutors described how 36-year-old Olivia Bithorn's long history of alcohol abuse allegedly led to her 18-month-old son's death.
Archbishop Ronald Hicks is returning to New York City with a sacred souvenir from a pilgrimage to Rome.
Video shows people were dancing at a community celebration moments before a three-wheel motorcycle barreled through Commodore Barry Park.
Dangerously hot weather arrives in the New York City area starting Wednesday.
Monday's severe weather has come and gone, but that doesn't mean the system is leaving the area.
After a tranquil, warm weekend, more turbulent weather lies ahead in the New York City area.
Weather is tranquil and pleasant in the New York City area for Father's Day weekend as summer officially begins.
Dangerous heat is building across the Tri-State Area with the threat of severe storms, making Thursday and Friday First Alert Weather Days.
The anticipated pain of a massive property tax increase in Jersey City has been alleviated somewhat.
Jersey City residents are fired up and frustrated, as city leaders reconsider a proposed property tax hike that could raise bills by about 20%.
Dangerously hot weather arrives in the New York City area starting Wednesday.
Traffic will be impacted in Midtown Manhattan as the city initiates shuttle bus corridors and street closures to accommodate World Cup ticketholders.
The suspect accused of killing two teenage girls in a hit-and-run in Cranford, New Jersey, last year will be tried as an adult, officials said Friday.
Prosecutors described how 36-year-old Olivia Bithorn's long history of alcohol abuse allegedly led to her 18-month-old son's death.
A Long Island school district official is accused of trashing ballots to rig an election.
A Long Island school district official is accused of trashing ballots to rig an election. CBS News New York's Jennifer McLogan reports.
The site will continue to house a casino, but Aqueduct's move to Long Island brings a rare opportunity to the South Ozone Park community.
A young entrepreneur with Down syndrome opened his first brick-and-mortar store on Long Island after his sock company went global.
The anticipated pain of a massive property tax increase in Jersey City has been alleviated somewhat.
The city is required by law to close the entire Rikers Island jail complex by August 2027.
The Supreme Court on Monday ruled that states can count mail ballots that are cast by Election Day but arrive later, rejecting a GOP challenge to a Mississippi law.
A unanimous federal jury found that a preponderance of evidence supported Carroll's claim that Mr. Trump sexually abused her.
Jersey City residents are fired up and frustrated, as city leaders reconsider a proposed property tax hike that could raise bills by about 20%.
A federal judge has temporarily blocked the Justice Department from executing subpoenas in a criminal probe that sought transgender care records for patients treated at New York hospitals.
An off-duty EMT jumped into action at the Knicks parade Thursday when a man appeared to be suffering from an overdose.
New York broadcast giant Bill Ritter announced Friday he is stepping down from the WABC anchor desk after being diagnosed with early stage Alzheimer's.
For half a century, The Valerie Fund has been dedicated to providing care to children with cancer and blood disorders.
A New Jersey nonprofit called The Valerie Fund is celebrating 50 years of providing comprehensive care to children with cancer and blood disorders.
Legendary music executive Clive Davis was laid to rest Monday at a private funeral. Davis helped the careers of generations of artists.
The comic icon behind "Curb Your Enthusiasm" brings his own perspective to America's storied past in a new HBO sketch comedy series – finally making use of his history major from college.
Fans gathered at the Brooklyn Public Library on Thursday for limited-edition card marking 30 years of "Reasonable Doubt."
There appear to be new clues about the location of Taylor Swift and Travis Kelce's wedding.
Clive Davis helped shape the careers of music stars including Janis Joplin, Bruce Springsteen and Whitney Houston.
Casey Mize matched a career high with 10 strikeouts over seven innings and the Tigers capitalized on shoddy defense by the slumping Yankees in a 7-3 victory Monday night.
George Springer capitalized on two miscues to circle the bases, Trey Yesavage pitched into the seventh inning and the Blue Jays beat the bumbling Mets 2-1 on Monday night.
Jarren Duran singled home the winning run to cap a three-run rally in the 10th inning, and the Red Sox finished a four-game sweep of the rival Yankees with a 5-4 victory Sunday night.
Kyle Schwarber became the first major leaguer to reach 30 homers this season with a two-run shot in the seventh inning that sent the Phillies to a 5-4 win over the Mets on Sunday.
The New York Mets defeated the Philadelphia Phillies 6-2 on Saturday to stop their seven-game losing streak.
Fans gathered at the Brooklyn Public Library on Thursday for limited-edition card marking 30 years of "Reasonable Doubt."
After learning to swim in her 40s, one school leader is helping students gain life-saving skills.
Entrepreneurs in Brooklyn are reimagining laundry day as a social experience, turning neighborhood laundromats into gathering spaces.
Experts say the team's title run created a feeling of collective joy and connection, while some local businesses are also seeing a boost from the celebration.
Knicks fans who couldn't make it to Thursday's parade still found a way to celebrate across New York in true blue-and-orange fashion.
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.
In the interim, CBS News New York's Lonnie Quinn says Tuesday should look and feel a lot like Monday -- sunny and upper 80s.
Instead of 20%, residents could see a 15% tax hike, the mayor said Monday, after the city secured $120 million in aid from the state of New Jersey. CBS News New York's Allen Devlin reports.
Donations have poured in and now churches and nonprofits are scrambling to raise money to ship critical aid. CBS News New York's Adi Guajardo reports.
Police say two teenagers were riding down 162nd Street in Flushing, when they swerved to avoid crashing into the driver’s side door of a parked car as it was opening. CBS News New York's Naveen Dhaliwal has the story.
The plane was hit by a drone early Monday morning. And while there was no significant damage, CBS News New York's Andrew Ramos reports it was just the latest in a string of incidents in recent days at area airports.
