The Squeeze: Fed Set To Raise Interest Rates In March
That means you'll likely be paying more for certain loans. CBS2's Jessica Moore has advice from the experts.
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That means you'll likely be paying more for certain loans. CBS2's Jessica Moore has advice from the experts.
Gov. Kathy Hochul announced 40 new pop-up vaccine sites would open statewide.
Some retail stores are now telling customers to use exact change or pay by credit or debit card.
Investors seem unimpressed with the Federal Reserve's largest interest rate cut since 2008, pushing down stocks amid mounting concerns over the coronavirus.
Federal Reserve Chairman Jerome Powell will hold a news conference Wednesday, as the fed is expected to raise its key short-term interest rate again this year.
Private economists expect the next hike to occur at the September meeting with a fourth rate hike expected in December.
The gain in spending followed an even better 0.5 percent rise in May, which was revised from a 0.2 percent initial estimate, the Commerce Department reported Tuesday.
President Donald Trump's top economic policymakers insisted Sunday that the robust growth marked in the April-June quarter will maintain its pace.
The news of a second summit comes as the White House is still trying to clarify what was said at the first meeting.
Americans increased their borrowing in May at the fastest pace in a year and a half, boosted by a big increase in credit card borrowing.
With the Federal Reserve announcing it's raising interest rates and the Supreme Court ruling states can impose sales tax on more online purchases, what does this mean for your wallet?
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.
The city's Department of Transportation announced the alert is in effect from Monday through Friday, when traffic is expected to be at its slowest and most congested
Presley Gerber, the son of Cindy Crawford and Rande Gerber, has died at 27, a family spokesperson has confirmed.
Part of a Lavallette, New Jersey, liquor store was boarded up and a bouquet of flowers was left outside Sunday night, somber reminders of a horrific crash that killed a woman a day earlier.
Nolan Arenado hit his third grand slam of the season top help the Diamondbacks beat the Yankees 8-4 on Sunday.
The world is coming together at the United Nations this week and that means New York City is on high alert.
The city's Department of Transportation announced the alert is in effect from Monday through Friday, when traffic is expected to be at its slowest and most congested
The world is coming together at the United Nations this week and that means New York City is on high alert.
Trey Smack kicked a 26-yard field goal in overtime and the Packers snapped a six-game skid with a 20-17 victory over the Jets on Sunday.
Longtime NFL executive Ernie Accorsi, who built the New York Giants core that won the Super Bowl twice after his retirement has died. He was 84.
A vigil was held in the East Village on Saturday night for the teenager killed in a collision between a Citi Bike and a truck.
The Beardsley Zoo in Bridgeport announced it welcomed its first-ever red panda cub, marking an important achievement for the endangered species.
Rain totals on Sunday were much less substantial compared to last Sunday's prolific totals, generally averaging less than 1 inch in most locations.
Fire departments were hard at work in Paterson, New Jersey, and Fairfield County, Connecticut, due to flash flooding on Sunday morning.
Rainy weather makes a return to the New York City area this weekend.
After a week filled with periods of storminess and high humidity, a calmer and drier weather pattern is settling in for the holiday weekend.
Part of a Lavallette, New Jersey, liquor store was boarded up and a bouquet of flowers was left outside Sunday night, somber reminders of a horrific crash that killed a woman a day earlier.
Trey Smack kicked a 26-yard field goal in overtime and the Packers snapped a six-game skid with a 20-17 victory over the Jets on Sunday.
Longtime NFL executive Ernie Accorsi, who built the New York Giants core that won the Super Bowl twice after his retirement has died. He was 84.
Ahead of the beatification of Archbishop Fulton J. Sheen on Sept. 24, the Cathedral Basilica of the Sacred Heart in Newark, New Jersey, will be displaying items from his life and work.
The suspect has been identified in a deadly shooting that happened outside a Wawa location in Toms River on Friday.
CBS News New York's John Elliott reports from the Brain Aneurysm Foundation Long Island Run/Walk at Jones Beach State Park on Sept. 19, 2026.
The ground beneath a Long Island woman opened up, swallowing her into the earth below.
The ground beneath a Long Island woman opened up, swallowing her into the earth below. CBS News New York's Jennifer McLogan reports.
Racing returned to Belmont Park Friday afternoon, more than three years after the iconic Long Island track was shut down for renovations. The redevelopment cost $450 million. CBS News New York's Carolyn Gusoff reports.
Racing returns to Belmont Park on Friday, more than three years after the iconic Long Island track was shut down for renovations.
The world is coming together at the United Nations this week and that means New York City is on high alert.
New York City Mayor Zohran Mamdani and President Trump have met at least twice since Mamdani was elected last year.
On this "Face the Nation with Margaret Brennan" broadcast, Reps. Ro Khanna and Maria Elvira Salazar join Margaret Brennan.
President Trump said that he has agreed to convert plans for a massive triumphal arch into a "top grade Military Complex," equipped with snipers and drone storage.
The Democratic congressman has partnered with Republican New York Rep. Mike Lawler to introduce the Stop Rogue AI Act.
NYU Langone has reached an agreement with the Justice Department to end gender-affirming care for minors.
A second person has died in the Legionnaires' disease cluster in the South Bronx.
Some people in Keyport, New Jersey, claim the site of a former aircraft manufacturing plant is to blame for a growing number of cancer diagnoses, but the state says otherwise.
Affordable Care Act recipients in 30 states are set to receive the $500 checks starting in October. Here's why.
One person has died and a total of five people have been sickened by Legionnaires' disease in the Bronx.
Presley Gerber, the son of Cindy Crawford and Rande Gerber, has died at 27, a family spokesperson has confirmed.
Duncan Sheik died on Thursday night, his family said.
A truck driver who spent two decades building a massive scale model of his native New York City was delighted when it went viral on TikTok.
The Feast of San Gennaro is filling New York City's Little Italy with faith, music, games and many treats starting Thursday.
The iconic Peanuts character Snoopy is getting a new look for the 100th Macy's Thanksgiving Day Parade in New York City.
Nolan Arenado hit his third grand slam of the season top help the Diamondbacks beat the Yankees 8-4 on Sunday.
Cristopher Sánchez earned his major league-leading 18th win Sunday, leading the Phillies to a 7-2 victory over the Mets.
Trey Smack kicked a 26-yard field goal in overtime and the Packers snapped a six-game skid with a 20-17 victory over the Jets on Sunday.
Longtime NFL executive Ernie Accorsi, who built the New York Giants core that won the Super Bowl twice after his retirement has died. He was 84.
Pavin Smith hit a two-run homer in the ninth inning to lift the Diamondbacks over the Yankees 5-3 on Saturday night.
Neighbors have been waiting since 2021 for the bridge over the Belt Parkway to be rebuilt and reconnect Bath Beach with the waterfront.
The People's Theatre now has its first permanent home in more than 15 years, thanks to help from theater legends from the neighborhood, like Lin-Manuel Miranda.
Brooklyn Greenway Initiative's 1.8-acre native plant sanctuary marks 10 years at a site where historians believe hundreds of human remains still lie
At a Bay Ridge school, students who were born years after the attacks are learning about Sept. 11 through the stories of parents, teachers and first responders who lived through it.
Former Mets players from the 2001 season were at Ladder 25 on the Upper West Side on Tuesday.
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.
Presley Gerber, the son of supermodel Cindy Crawford and Rande Gerber, died at a rehab facility in Los Angeles, according to a spokesperson.
Beginning Tuesday, anyone recorded driving more than 10 mph above the posted speed limit will face a fine.
It's a mostly cloudy and cool week, with highs around 70 on Monday, and a chilly rest of the week on deck. CBS News New York Meteorologist Tony Sadiku has the forecast.
New York City Mayor Zohran Mamdani and President Trump are expected to meet Monday at Gracie Mansion while the president is in town for the U.N. General Assembly. CBS News New York's Christina Fan reports.
The United Nations General Assembly is turning parts of Manhattan into a maze of street closures, security checkpoints and motorcades. CBS News New York's Elijah Westbrook reports.
