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.
After last weekend's boating tragedy near Liberty Island, there are many questions about boating safety. The U.S. Coast Guard has what you need to know to make sure a boat and its driver are safe and legal.
Rafael Rubio, the New York City Council worker who was detained and released by U.S. Immigration and Customs Enforcement, has now been granted asylum.
President Trump is weighing in on New York City's new pied-à-terre tax, a day after a judge on Staten Island temporarily blocked implementation of the controversial measure.
The NYPD is investigating a bizarre incident in Long Island City, Queens. Residents say a woman got into their apartment by tricking the doorman of their luxury building.
Ethan Funk, a 20-year-old Long Island college student, can tell you what day of the week any particular date fell on, regardless of how long ago it was.
After last weekend's boating tragedy near Liberty Island, there are many questions about boating safety. The U.S. Coast Guard has what you need to know to make sure a boat and its driver are safe and legal.
Rafael Rubio, the New York City Council worker who was detained and released by U.S. Immigration and Customs Enforcement, has now been granted asylum.
President Trump is weighing in on New York City's new pied-à-terre tax, a day after a judge on Staten Island temporarily blocked implementation of the controversial measure.
The NYPD is investigating a bizarre incident in Long Island City, Queens. Residents say a woman got into their apartment by tricking the doorman of their luxury building.
Ethan Funk, a 20-year-old Long Island college student, can tell you what day of the week any particular date fell on, regardless of how long ago it was.
The potential for severe storms and downpours returns to the Tri-State Area Monday as sweltering temperatures continue.
Monday will be a First Alert Weather Day due to the possibility of afternoon and evening thunderstorms and high heat indices near 100 degrees.
The New York area will get some brief relief Sunday from the humid weather.
Friday evening brought yet another round of prolific thunderstorms to the Tri-State Area.
A 16-year-old boy was killed after he was hit Wednesday night by a Metro-North train going from Danbury to South Norwalk, police said.
Police have made an arrest after a mother and child were hit crossing the street Tuesday morning in New Jersey.
New technology is being installed at Newark that will help track planes and vehicles moving around the airport.
Four suspects pulled off a brazen smash-and-grab robbery inside a Woodbridge, New Jersey, jewelry store over the weekend.
The potential for severe storms and downpours returns to the Tri-State Area Monday as sweltering temperatures continue.
Residents of a Newark apartment complex got a startling wakeup call Sunday morning when police in tactical gear, responding to reports of multiple people shot, stormed their building.
Rafael Rubio, the New York City Council worker who was detained and released by U.S. Immigration and Customs Enforcement, has now been granted asylum.
Ethan Funk, a 20-year-old Long Island college student, can tell you what day of the week any particular date fell on, regardless of how long ago it was.
A Long Island college student is wowing people with what his mom calls his "superpower." CBS News New York's John Dias reports.
The man who shot and killed Monroe University basketball player Amira McLeod has been sentenced to 20 years to life in prison. CBS News New York's Jennifer McLogan reports.
The man who shot and killed Monroe University basketball player Amira McLeod has been sentenced to 20 years to life in prison.
Rafael Rubio, the New York City Council worker who was detained and released by U.S. Immigration and Customs Enforcement, has now been granted asylum.
President Trump is weighing in on New York City's new pied-à-terre tax, a day after a judge on Staten Island temporarily blocked implementation of the controversial measure.
Back in March 1994, Yossi Spalter traveled on a van with his Yeshiva classmates from Manhattan to Crown Heights over the Brooklyn Bridge. The trip changed his life.
A judge on Staten Island has temporarily blocked implementation of New York City's new pied-à-terre tax.
"This is a choice that I am making to feel more in control of my life," said 36-year-old Rep. Alexandria Ocasio-Cortez.
New Yorkers who buy their own health insurance could pay more as insurers file requests with the State Department of Financial Services to increase premiums.
In a wide-ranging interview with the CBS News partner BBC News, Hunter Biden grew emotional as he discussed his father's condition, describing it as very sad to watch.
The New York Hotel and Gaming Trades Council claims The High Line Hotel tested positive for Legionella bacteria twice this summer.
Several lawsuits were announced Thursday against New York City and others connected to a deadly 2025 Legionnaires' outbreak in Harlem.
Gov. Kathy Hochul signed new legislation Wednesday to strengthen inspections on cooling towers in New York City.
Actor and comedian Bowen Yang will portray Mary Todd Lincoln in Broadway's "Oh, Mary!" for a limited 12-week run starting in September.
Designer John Galliano is known for his theatrical and dramatic designs, but his legacy is also marked by antisemitic and racist comments.
"The Sopranos" actor Vincent Pastore is being remembered as a fixture in his Bronx community.
Vincent Pastore played Salvatore "Big Pussy" Bonpensiero on all six seasons of "The Sopranos," which aired from 1999 to 2007.
A new Broadway show based on Prince's movie and album "Purple Rain" will take the stage at Broadway's Majestic Theatre in March.
LeBron James will return to Los Angeles on Christmas Day in 2026, and the Sixers will open the season in New York against the Knicks.
Brett Baty hit the first grand slam of his career and the Mets held off the Braves 8-5 on Monday night for their sixth win in seven games.
The New York Mets routed the Pittsburgh Pirates 11-1 on Sunday afternoon.
Don Nelson was one of two coaches in NBA history to have at least 250 wins with three different franchises — Milwaukee, Dallas and Golden State.
Michael Harris II opened the 10th inning with an RBI single, and the Braves beat the Yankees 2-1 on Sunday to prevent a three-game sweep.
Some residents of a Queens building say a temporary boiler truck parked outside has become a nearly two-year fixture, emitting smoke they say drifts into their homes.
Harlem Week 2026 brings past and present Harlemites together to honor the neighborhood's legacy.
Parents in Harlem say their children's walk to summer camp is littered with trash, illegal dumping and a growing encampment.
A specialized program from God's Love We Deliver is serving nearly 400 veterans with medically tailored meals, while helping combat isolation and ease the challenges of life after military service.
The Newtown Creek Alliance community science project gives students hands-on experience monitoring the health of one of the most polluted waterways in the U.S.
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 newborn girl was found wrapped in a t-shirt and abandoned in Yonkers. Now, Baby Melanie is wrapped in love with a forever family. CBS News New York's Tony Aiello was at Tuesday's very special reunion.
How do you know a boat and driver are safe and legal? CBS News New York's Lisa Rozner speaks with the U.S. Coast Guard.
CBS News New York's Lonnie Quinn says there is only a slight chance of a shower, but the rain chances will improve somewhat through Friday.
CBS News New York's Jennifer Bisram spoke to some of them in Little Colombia in Elizabeth, New Jersey, on Tuesday, as rescue operations continue in western South America.
President Trump is weighing in on New York City's new pied-à-terre tax, a day after a judge on Staten Island temporarily blocked implementation of the controversial measure. CBS News New York's Marcia Kramer reports.
