Alan Greenspan, Fed chair under 4 U.S. presidents, dies at age 100
Alan Greenspan's lengthy reign at the Federal Reserve coincided with a period of stability from the mid-1980s until 2007.
Watch CBS News
Alan Greenspan's lengthy reign at the Federal Reserve coincided with a period of stability from the mid-1980s until 2007.
The Federal Reserve is holding interest rates steady with the new Fed chair acknowledging the lingering economic effects of the War with Iran. Jarred Hill reports.
U.S. inflation is expected to remain elevated through the end of the year, Fed officials say in their latest forecast.
The Federal Reserve is holding interest rates steady as the central bank deals with stubborn inflation and continued economic uncertainty linked to the war with Iran. Gwen Baumgardner has more on what this means for your wallet.
Fed chief Jerome Powell said he will remain as a governor on the central bank's board after his term as chair ends on May 15.
President Trump says he is nominating Kevin Warsh to be the next chair of the Federal Reserve, filling a powerful economic policy role as the president pushes for lower interest rates.
CBS News Business Analyst Jill Schlesinger talks with CBS News New York's Cindy Hsu about the potential impact of the Federal Reserve's interest rate decision
The subpoenas threatened a criminal indictment related to Jerome Powell's testimony before the Senate Banking Committee in June 2025, according to the Fed chair.
The Federal Reserve is grappling with economic issues including higher inflation and a slowing labor market.
CBS News New York's Lisa Rozner has more on how consumers are navigating the affordability crunch this holiday season.
The Fed on Wednesday announced its second interest-rate cut of 2025, reducing borrowing costs in a move to spur U.S. hiring.
CBS News New York's Bradley Blackburn has more on what to expect from the Fed for the rest of the year.
The Federal Reserve is cutting its benchmark interest rate as the U.S. economy faces headwinds, including a faltering labor market.
With the U.S. economy facing headwinds, the Federal Reserve faces pressure to trim interest rates this week for the first time since December 2024.
President Trump has said he is firing Cook from her role over allegations she made false representations on mortgage agreements several years ago.
President Trump said Monday he has fired Lisa Cook from the Federal Reserve's Board of Governors. Her attorney countered that they plan to file a lawsuit challenging the move.
Federal Reserve Chair Jerome Powell has been under pressure from President Trump to lower the central bank's benchmark interest rate.
The Fed is maintaining its benchmark interest rate in the range of 4.25% to 4.5%, where it's been parked since December.
President Trump visited the Federal Reserve's headquarters in Washington, keeping up the intense pressure he's been putting on Fed chair Jerome Powell.
President Trump has lashed out against Federal Reserve Chair Jerome Powell for weeks.
Employers across the U.S. added 147,000 jobs in June, while the unemployment rate fell to 4.1%.
Fed Chair Jerome Powell cites "high uncertainty" around the impact of Trump administration tariffs on key trading partners.
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
The Federal Reserve on Wednesday moved to lower its benchmark rate by 0.25 percentage points, but said it plans fewer cuts in 2025.
Ted Rossman, Bankrate Senior Industry Analyst joins CBS New York to preview what we can expect from this week's Federal Reserve meeting.
A JetBlue pilot reported possibly striking a drone while on final approach to John F. Kennedy International Airport.
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.
Legendary music executive Clive Davis was laid to rest Monday at a private funeral. Davis helped the careers of generations of artists.
A JetBlue pilot reported possibly striking a drone while on final approach to John F. Kennedy International Airport.
The city is required by law to close the entire Rikers Island jail complex by August 2027.
Legendary music executive Clive Davis was laid to rest Monday at a private funeral. Davis helped the careers of generations of artists.
A hotel in Manhattan's Financial District was evacuated Monday morning after bear spray was released inside, according to the NYPD.
The start of Luigi Mangione's federal trial is being pushed back to 2027, a judge announced Monday.
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.
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.
Table to Table is on a mission to make sure nothing goes to waste at 2026 FIFA Men's World Cup celebrations in New Jersey.
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.
A defense attorney made stunning new claims in court Wednesday about what may have sparked the fatal stabbing of a Massapequa man.
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 Long Island school district official is accused of trashing ballots to rig an election.
Bolton agreed to pay a $2.25 million fine, pleading guilty to one count of retaining classified national security information.
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.
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.
Jake Bennett held New York to one run in 6 1/3 innings, Masataka Yoshida hit a leadoff home run off Gerrit Cole and the Boston Red Sox beat the Yankees for the third straight day, 4-1 on Saturday.
The Philadelphia Phillies beat the reeling New York Mets 2-1 on Friday night.
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.
A Long Island rescue welcomed five dogs named after Knicks players after a South Carolina organization reached out for support.
The clock is ticking for rescue teams from the U.S. and other countries to locate survivors in the rubble. CBS News' Camilo Montoya-Galvez reports.
Legendary music executive Clive Davis was laid to rest Monday after he died at his Manhattan home on June 22 of an age-related illness, according to his publicist. CBS News New York's Jennifer Bisram reports.
Neisha Atkinson, 53, faces multiple charges after police said 12 people were injured in the crash in Commodore Barry Park. CBS News New York's Aziza Shuler reports.
Most of the Tri-State Area will be under an excessive heat watch with feels-like temperatures over 100 degrees. CBS News New York Meteorologist Tony Sadiku has the forecast.
