Trump Admin Promises To Retain Federal Reserve's Independence
President Donald Trump's top economic policymakers insisted Sunday that the robust growth marked in the April-June quarter will maintain its pace.
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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.
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."
After their building managers were arrested on fraud charges, tenants in Queens say their apartments were left in chaos.
Police say Amira Aminova, 11, died Thursday after she was struck by a school bus while crossing the street in Bath Beach, Brooklyn.
Mount Sinai and Anthem Blue Cross Blue Shield failed to reach a contract agreement by Dec. 31, which means about 9,000 Mount Sinai physicians are no longer considered in-network.
Local and federal authorities said "investigators are actively inspecting the information provided in the message for its authenticity" regarding the disappearance of Nancy Guthrie.
New York City and the Tri-State Area are preparing for what is expected to be the coldest weather of the season so far this weekend.
After their building managers were arrested on fraud charges, tenants in Queens say their apartments were left in chaos.
Police say Amira Aminova, 11, died Thursday after she was struck by a school bus while crossing the street in Bath Beach, Brooklyn.
Mount Sinai and Anthem Blue Cross Blue Shield failed to reach a contract agreement by Dec. 31, which means about 9,000 Mount Sinai physicians are no longer considered in-network.
New York City and the Tri-State Area are preparing for what is expected to be the coldest weather of the season so far this weekend.
Harlem's Schomburg Center for Research in Black Culture centennial anniversary began last year, and 2026 marks 100 years since the library became owner of its namesake's personal collection, making it a full-fledged research center.
Parts of New York and Connecticut could see snow Friday into Saturday. A First Alert Weather Day is in effect for the weekend due to dangerously cold temperatures.
Bundle up — New York City and the Tri-State Area's stretch of dangerously cold weather continues, and it's sticking around longer than anyone would like.
New York, New Jersey and Connecticut were pivotal during America's birth. This year, as the nation celebrates its 250th birthday, CBS News New York is highlighting the hidden history in our own back yard.
Forecasters are watching for a chance of snow this weekend in New York and New Jersey as harsh winter weather conditions continue.
The First Alert Weather Team is tracking a storm that could bring snow to the New York and New Jersey area. Frigid temperatures will last throughout the week.
New York City and the Tri-State Area are preparing for what is expected to be the coldest weather of the season so far this weekend.
The Democratic primary race for the Congressional seat vacated by Gov. Mikie Sherrill is too close to call.
Gateway Tunnel construction may resume after a federal judge temporarily blocked President Trump's funding freeze for New York and New Jersey's $16 billion infrastructure project.
The entire Tri-State Area will be under an Extreme Cold Warning as dangerously cold temperatures settle in, along with some snow.
After a portion of the Keansburg Fishing Pier crashed into the Raritan Bay, there's now concern at other marinas and piers that are being hit by ice chunks.
A Long Island man accused of driving drunk and killing a Nassau County police officer appeared in court Friday. Matthew Smith entered a not guilty plea.
The entire Tri-State Area will be under an Extreme Cold Warning as dangerously cold temperatures settle in, along with some snow.
The goal is to get patients drunk and high at a new research lab on the border of Nassau County and Queens.
The Patchogue-Medford School District said in a letter that the Suffolk County Department of Health alerted them about an infectious person in the school community.
Parts of New York and Connecticut could see snow Friday into Saturday. A First Alert Weather Day is in effect for the weekend due to dangerously cold temperatures.
New York City and the Tri-State Area are preparing for what is expected to be the coldest weather of the season so far this weekend.
The Democratic primary race for the Congressional seat vacated by Gov. Mikie Sherrill is too close to call.
Gateway Tunnel construction may resume after a federal judge temporarily blocked President Trump's funding freeze for New York and New Jersey's $16 billion infrastructure project.
The footage is included in a video that promotes false claims that the 2020 presidential election was rigged against Mr. Trump.
The Trump administration launched its new TrumpRx direct-to-consumer prescription drug listing site late Thursday, part of a push to offer medication at steep discounts.
Mount Sinai and Anthem Blue Cross Blue Shield failed to reach a contract agreement by Dec. 31, which means about 9,000 Mount Sinai physicians are no longer considered in-network.
Brooklyn's Green-Wood Cemetery is set to become the first on the East Coast to offer human composting.
The goal is to get patients drunk and high at a new research lab on the border of Nassau County and Queens.
The Patchogue-Medford School District said in a letter that the Suffolk County Department of Health alerted them about an infectious person in the school community.
Day 25 of the New York City nurses strike saw protests, arrests and some progress in the negotiations.
Two-for-one tickets are returning for New York City's Off-Broadway Week.
The sheriff says the note was sent to a local Arizona news station, which agreed not to report on it, following the disappearance of "Today" show co-host Savannah Guthrie's mother, Nancy Guthrie.
Chuck Negron, a founding member of Three Dog Night whose lead vocals powered a string of hits for one of the top rock acts of the late 1960s and early '70s has died. He was 83.
Popular singer-songwriter Noah Kahan will be bringing his tour to New York City this summer. "The Great Divide" tour will stop at Citi Field on July 18.
Bad Bunny used his Grammy acceptance speech on Sunday to denounce U.S. Immigration and Customs Enforcement and call for the end of the ongoing immigration crackdown.
The New York Knicks are acquiring guard Jose Alvarado from the New Orleans Pelicans, according to a person with knowledge of the trade deal.
The New York Islanders went into the Olympic break with a 3-1 win over the New Jersey Devils on Thursday night.
Jalen Suggs had his first career triple-double, leading the Orlando Magic to a 118-98 victory over the Brooklyn Nets.
The Hurricanes topped the Rangers 2-0 on Thursday night to extend their points streak to 10 games.
The Knicks outlasted the Nuggets 134-127 in two overtimes Wednesday night for their eighth straight victory.
After their building managers were arrested on fraud charges, tenants in Queens say their apartments were left in chaos.
Harlem's Schomburg Center for Research in Black Culture centennial anniversary began last year, and 2026 marks 100 years since the library became owner of its namesake's personal collection, making it a full-fledged research center.
Brooklyn's Green-Wood Cemetery is set to become the first on the East Coast to offer human composting.
Dozens of middle school girls celebrated National Girls and Women in Sports Day at the Brooklyn Basketball Training Center on Wednesday.
A group of senior dancers aged 70 and up shine on stage at the Korean Community Services' center in Queens. They practice in Flushing twice a week and perform at events citywide.
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.
Prosecutors accuse a 20-year-old of driving erratically at 125 mph while drunk before crashing into a Nassau County police officer, killing her. CBS News New York's Carolyn Gusoff reports.
More than 24 hours after polls closed, the Democratic primary race for a New Jersey congressional seat is still too close to call.
Archbishop Ronald Hicks is officially the new leader of the New York Archdiocese. CBS News New York's Tony Aiello reports.
The Trump administration is facing the lawsuit to permanently free up the funding, which was already approved by Congress.
New Jersey Gov. Mikie Sherrill and other officials blasted the president's decision and urged him to stop trying to withhold the funds. CBS News New York's Christine Sloan reports.
