Rising Interest Rates Could Make It Tougher To Pay Off Credit Card Debt
If you're like most Americans, you're probably carrying some credit card debt.
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If you're like most Americans, you're probably carrying some credit card debt.
Officials said a generator on the roof caused a fire in a chimney.
The Federal Reserve is raising interest rates after seven years of record lows. But it's signaling that further rate hikes will likely be made slowly as the economy strengthens further and muted inflation rises.
Some Twitter accounts for the New York Post and UPI, as well as the news agency's website, were briefly hacked Friday.
The Senate has easily approved Brooklyn native Janet Yellen's nomination to head the Federal Reserve.
Yellen graduated from Brown and Yale and taught at Harvard, but Brooklyn Borough President Marty Markowitz said her trajectory to success began before she ever arrived as those distinguished institutions.
Federal prosecutors said the Bangladesh native was in the process of trying to detonate what he thought was a 1,000-pound bomb packed into a van parked on Liberty Street near the building.
The stock market closed at a record high after Federal Reserve Chairman Ben Bernanke said the central bank would continue to support the U.S. economy.
The book centers around the Federal Reserve. If you think the Fed, isn't interesting fodder for a thriller, check this book out to see just how wrong you are.
Quazi Mohammad Rezwanul Ahsan Nafis, 21, apologized, saying " I no longer support violent Jihad. I deeply and sincerely regret my involvement with this case."
A continued economic recovery for 2013 has been forecast for Connecticut by a Federal Reserve Bank economist who spoke to businesspeople in Stamford Friday.
Quazi Mohammad Rezwanul Ahsan Nafis is charged with attempting to use a weapon of mass destruction and attempting to provide material support to a foreign terrorist organization.
Just who is Quazi Mohammad Rezwanul Ahsan Nafis, the suspect in the bomb plot targeting the Federal Reserve Bank in Lower Manhattan? Prosecutors said he formed his plan to attack the U.S. even before he left Bangladesh.
Quazi Mohammad Rezwanul Ahsan Nafis was arrested Wednesday in an FBI sting operation. A criminal complaint said he made several attempts to blow up a fake 1,000-pound the bomb inside a vehicle parked next to the Federal Reserve.
Quazi Nafis was arrested by the FBI Wednesday after making several attempts to detonate a fake 1,000-pound bomb inside a vehicle parked next to the Federal Reserve on Liberty Street, according to a criminal complaint.
Sources said officials want to question several people, including a co-conspirator Nafis talked to about the plot. That person was arrested Wednesday in San Diego on unrelated child porn charges.
Schumer said the student visa Nafis obtained from a Missouri university is legitimate, but said his quick transfer to a university in the city should have raised a red flag.
Bloomberg said this incident should remind New Yorkers to not become complacent.
According to a federal complaint, Quazi Nafis was aware a bomb planted outside the Federal Reserve Bank would likely cause the deaths of many people, including women and children.
Quazi Mohammad Rezwanul Ahsan Nafis is charged with attempting to use a weapon of mass destruction. He is currently being held without bail and, if convicted, faces life in prison.
While giving the FBI and other law enforcement agencies credit for thwarting a bomb plot against the Federal Reserve Bank in Lower Manhattan, New York City Police Commissioner Ray Kelly said the threat of terrorism will be "with us for a long time."
On Monday, the Treasury Department sold 553,846,153 shares in AIG on Monday, turning an $18 billion profit on the $32.50 a share price.
Oil analyst Peter Beutel says prices are dropping and they should be reflected at the pump soon.
Oil company earnings won't drive down prices at the gas pump, but one oil analyst has an idea about what might.
Volcker says the nation's growing debt level is an urgent issue, warning the country could reach a "tipping point'' if debt gets too high.
Jack Eichel scored at 4:52 of overtime and the Golden Knights beat the Rangers 3-2 on Sunday night for their fourth straight win.
Sunday's weather was calm and pleasantly chilly, but big changes are in store as we begin the new work week.
Luigi Mangione, accused in the murder of United Healthcare's CEO, will return to court on Monday as his attorneys continue to try to suppress evidence from his upcoming trial.
Jeff Kent was elected to baseball's Hall of Fame on Sunday by the contemporary era committee, while steroids-tainted stars Barry Bonds and Roger Clemens were among seven players who fell short once again.
Carter Verhaeghe stays red-hot with his sixth goal in six games as the Florida Panthers top the New York Islanders 4-1 on Sunday.
Sunday's weather was calm and pleasantly chilly, but big changes are in store as we begin the new work week.
Luigi Mangione, accused in the murder of United Healthcare's CEO, will return to court on Monday as his attorneys continue to try to suppress evidence from his upcoming trial.
Community members came together at a Queens playground on Sunday, after a 6-year-old student who attends the school and his father were detained and separated.
Riders in Manhattan and Queens are preparing for a change to the F and M subway lines that the transit agency hopes will reduce congestion.
The Intrepid Museum's ceremony marking 84 years since the Pearl Harbor attack includes a wreath-laying in the Hudson River.
Sunday's weather was calm and pleasantly chilly, but big changes are in store as we begin the new work week.
If you're heading out, brace yourself — it's the coldest day of the season so far.
CBS News New York has learned Jed Parkington, who died by suicide during a standoff with law enforcement on Tuesday, was fascinated with Nazi Germany.
"Driven Into Debt," CBS News New York's latest investigative series, has uncovered a simple truth -- unpaid tolls can quietly spiral into crushing debt.
First Alert Weather Days have been declared in the NYC area as the arctic chill could bring record low temperatures.
Sunday's weather was calm and pleasantly chilly, but big changes are in store as we begin the new work week.
Police in New Jersey are investigating a series of home break-ins with suspects allegedly targeting high-end cars.
The 2026 FIFA Men's World Cup schedule has been released, including the slate of matches coming to MetLife Stadium in New Jersey.
An apartment building fire in Jersey City, New Jersey, displaced about 30 people Friday, sending them out into frigid temperatures.
A judge ruled Menendez, the former U.S. Senator, is no longer eligible for public employment after a bribery conviction.
Sunday's weather was calm and pleasantly chilly, but big changes are in store as we begin the new work week.
A man is now in custody in Florida in connection to the 1997 murder of Tanya Denise Jackson on Long Island.
Nassau County Police charged Vito D'Ambrosio, of Seaford, with murdering his parents at A&A Italian Deli and Pizza in Bethpage.
If you're heading out, brace yourself — it's the coldest day of the season so far.
"Driven Into Debt," CBS News New York's latest investigative series, has uncovered a simple truth -- unpaid tolls can quietly spiral into crushing debt.
Community members came together at a Queens playground on Sunday, after a 6-year-old student who attends the school and his father were detained and separated.
"We're reviewing the process, and we'll see," Defense Secretary Pete Hegseth said. "Whatever we were to decide to release, we'd have to be very responsible about reviewing that right now."
President Trump presented medals to the 2025 Kennedy Center honorees during an Oval Office ceremony.
The 63-year-old Roger Clemens has been accused of using performance-enhancing drugs, which he has denied.
A judge ruled Menendez, the former U.S. Senator, is no longer eligible for public employment after a bribery conviction.
New York has no plans to change hepatitis B vaccine guidance after a Centers for Disease Control advisory panel voted to stop recommending a first dose for newborns.
In New York alone, there have already been more than 17,000 flu cases and nearly 1,000 hospitalizations, and doctors anticipate it's only going to get worse as more people gather for the holidays.
Colette Smith of the Bronx was diagnosed with lung cancer, despite never smoking. Her survival story is central to her push for early detection.
Some New Yorkers want the mayor-elect to appoint a new "rat czar" when he takes office after an uptick in rat sightings.
Gio's Law would establish a $25 million grant program to equip law enforcement nationwide with EpiPens and train officers how to use them.
President Trump presented medals to the 2025 Kennedy Center honorees during an Oval Office ceremony.
The iconic Wythe Diner was physically moved Saturday from its location in Williamsburg to Steiner Studios in Brooklyn's Navy Yard.
Japanese officials said Jeremy O Harris, known for his Tony-nominated "Slave Play" and his role in the series "Emily in Paris," was arrested on the island of Okinawa on Nov. 16.
Rapper Tekashi 6ix9ine has been sentenced to three more months in prison for violating his supervised release terms in a New York gang case.
Frank Gehry was known for designing the Guggenheim Museum Bilbao in Spain and the Walt Disney Concert Hall in Los Angeles.
Jack Eichel scored at 4:52 of overtime and the Golden Knights beat the Rangers 3-2 on Sunday night for their fourth straight win.
Jeff Kent was elected to baseball's Hall of Fame on Sunday by the contemporary era committee, while steroids-tainted stars Barry Bonds and Roger Clemens were among seven players who fell short once again.
Carter Verhaeghe stays red-hot with his sixth goal in six games as the Florida Panthers top the New York Islanders 4-1 on Sunday.
Tua Tagovailoa remained unbeaten against the New York Jets, leading the Miami Dolphins to a 34-10 victory on Sunday.
The Knicks got 30 points from Jalen Brunson and beat the Magic 106-100 on Sunday, improving to 13-1 at home.
Neighbors in Brooklyn's Victorian Flatbush are expressing frustration after the city designated only part of their area as a historic district.
Brooklyn's Prospect Park is getting financing for a long-term project to battle the impacts of climate change, city leaders say.
The Brooklyn Conservatory of Music plans a 12,000-square-foot campus at One Prospect Park West, aiming to serve thousands more with music therapy and education programs.
Some residents at NYCHA's Eastchester Gardens in the Bronx say they've been shivering on and off all week.
The Brooklyn Nutcracker returns to Downtown Brooklyn with diverse cultural influences, community outreach, and a fresh take on Tchaikovsky's iconic score.
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.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Dogs got decked out for the annual Tompkins Square Halloween Dog Parade in New York City's East Village on Saturday.
Cosplayers flooded New York City's Javits Center in October 2024 for the annual New York Comic Con convention.
CBS News New York's Vanessa Murdock has more on the Arctic blast hitting the Tri-State Area to begin the new work week.
CBS News New York's Lisa Rozner has more on how consumers are navigating the affordability crunch this holiday season.
The fire on Davis Avenue started at around 1:30 p.m. on Sunday. Video shows fire and heavy smoke pouring from the building. No injuries were reported. CBS News New York's Allen Devlin reports.
Like last week, the pre-trial hearings this week will sort out which evidence the jury will be allowed to see at the 27-year-old trial for the 2024 murder of United Healthcare CEO Brian Thompson. CBS News New York's Allen Devlin reports.
The first day of the new work week will feature sun and clouds, but temps likely will not get out of the 20s. CBS News New York's Vanessa Murdock reports.
