Social Security's 2027 COLA could be the biggest in years
New estimates call for a 3.6% to 3.8% benefit increase next year, although the final adjustment will depend on inflation readings released this summer.
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New estimates call for a 3.6% to 3.8% benefit increase next year, although the final adjustment will depend on inflation readings released this summer.
As Memorial Day travelers hit the road, they're fueling up with sky-high gas prices. CBS News New York's John Dias reports.
Gas prices, airfares, accommodations and other vacation essentials are more expensive this year compared to last year.
Robert Sinclair, Senior Manager at AAA, talks with CBS News New York's Aziza Shuler about the impact of rising costs and how drivers can get some relief at the pump.
Congressman Mike Lawler invited Bessent to Westchester to tour Regeneron, a biotech firm. CBS News New York's Tony Aiello reports.
The Federal Reserve is grappling with economic issues including higher inflation and a slowing labor market.
Investors are betting a divided Federal Reserve will deliver a quarter point rate cut for a third straight time. CBS News New York's Aziza Shuler reports.
The governor says the main mailing phase is now complete.
Those prioritizing economy say Trump is not spending enough time on it, as ratings of economy, his handling of inflation slip.
Wholesale prices for frozen turkeys are expected to be $1.32 per pound this year, a 40% increase from last year's average.
Social Security's annual cost-of-living adjustment is aimed at helping the program's 75 million beneficiaries keep pace with inflation.
The rush for gold continues as economic uncertainty deepens and anxious investors seek a safe haven for their money.
The governor said 8.2 million New Yorkers will receive checks to help ease the burden of rising costs.
A new survey predicts Americans will spend $1,552 per person on average, 5% less than they did in 2024.
The U.S. stock market on Tuesday rose toward records after data suggested inflation in July was a touch better than economists expected.
In July inflation rose 2.7% on an annual basis, slightly cooler than economists had forecasted. CBS News Business Analyst Jill Schlesinger breaks down the results and its impact on pricing.
CBS News is tracking the rising cost of products most impacted by tariffs already imposed and new ones announced by President Trump, from grocery items to cars and trucks.
The Consumer Price Index in June rose 2.7% on an annual basis, in line with economists' predictions.
Roughly a quarter of consumers use "buy now, pay later" loans for ordinary expenses like groceries. That's worrisome, a personal finance expert says.
Gov. Kathy Hochul says they checks of up to $400 are expected to hit the mail this fall.
New York will soon be sending inflation refund checks to eligible residents, Gov. Kathy Hochul says.
Side hustles have become a go-to strategy for Americans looking to stay ahead of inflation. But how do you know which one is right for you?
Ashlee Piper, sustainability expert and author, No New Things joins CBS New York with tips on how to cut down the spending.
Inflation cooled in March, but economists expect prices to reaccelerate as some of President Trump's tariffs kick in.
The president issued a 90-day pause on the tariffs for most countries, except China. But as CBS News' Natalie Brand reports, Beijing has signaled a willingness to talk.
New York City's weather was absolutely stunning Saturday, but changes are on the way.
Juan Soto had the go-ahead RBI single a pitch after fouling a ball off his right leg Saturday, leading the Mets to a 6-2 victory over the Astros.
A suspect wanted in connection to two deadly shootings in New York City was arrested Saturday morning, police said.
A fire at a vacant house in Newark, New Jersey, spread to neighboring homes Saturday morning, displacing several families.
Red Sox rookie Jake Bennett stymied the Yankees again, allowing three hits in six innings, as Boston took the first game of a doubleheader Saturday in New York.
New York City's weather was absolutely stunning Saturday, but changes are on the way.
A suspect wanted in connection to two deadly shootings in New York City was arrested Saturday morning, police said.
A rally was held in New York City's Foley Square on Friday evening as supporters of Haitian immigrants called for action.
Two more people who were sickened in the Upper East Side Legionnaires' disease cluster have died, health officials announced Friday.
Officials say a record 580 pounds of cocaine was seized in New York City, with a street value of at least $10 million.
New York City's weather was absolutely stunning Saturday, but changes are on the way.
ICE is defending operations they are conducting this week in Danbury, Connecticut, as some residents say they feel uneasy at what they are seeing on the streets.
Severe weather warnings have started popping up as strong storms make their way through New York City and most of the Tri-State Area.
A nice stretch of weather kicks off the week in the New York City area before a heightened chance of rain returns.
Along with the increasingly humid conditions comes another chance of showers and storms overnight Saturday into Sunday.
New York City's weather was absolutely stunning Saturday, but changes are on the way.
A fire at a vacant house in Newark, New Jersey, spread to neighboring homes Saturday morning, displacing several families.
New Jersey Gov. Mikie Sherrill signed a law Friday making cocktails to-go permanent.
Elizabeth, New Jersey is cleaning up after Thursday's intense storms brought flash flooding. Emergency responders performed more than 100 rescues, most of them after people attempted to drive through water.
As students get ready to go back to school, one New Jersey school district is taking a first-in-the-state approach to limit screen time.
The beach club hit by a tornado on Long Island last week has partially reopened.
Long Island's Sun and Surf Club will partially reopen this weekend and Labor Day weekend, owners say. The club suffered significant damage when a tornado hit last week.
Five men were spotted going into a manhole early Thursday morning on Long Island, according to Nassau County police. CBS News New York's Jennifer McLogan reports.
A Long Island resident says he feels in danger after last week's rain caused a mudslide behind his condominium complex.
Recent rains have taken a dramatic toll on one condominium complex on Long Island. One of the unit owners says he feels in danger, living on the edge of a steep drop-off.
Milo Yiannopoulos, who is British, was accused of overstaying his visa after entering the country legally in May 2019.
The ruling marks a blow to the federal government's long-delayed effort to prosecute Khalid Sheikh Mohammed, who is accused of developing the plot to crash planes into the Pentagon and World Trade Center.
President Trump announced a deal to grant the U.S. control of more than 60 billion barrels of proven Venezuelan oil reserves.
A federal judge has again blocked President Trump's bid to erase his hush money conviction in New York.
The White House said President Trump will "pay tribute to the brave first responders who put their lives on the line."
Two more people who were sickened in the Upper East Side Legionnaires' disease cluster have died, health officials announced Friday.
A new electronic device that's the size of a grain of rice is making a big difference for heart patients.
Pennsylvania has recorded its first two deaths connected to measles in 35 years.
This year, ER visits for tick bites have increased dramatically, corresponding with a new threat: a rise in Alpha-gal syndrome (AGS), where one bite from a lone star tick can make you violently allergic to red meat. How can you best avoid tick bites?
A New Yorker has tested positive for West Nile virus, the city health department announced Wednesday.
Tim Curry was known for his iconic performances in cult classics like "The Rocky Horror Picture Show" and the original screen adaptation of Stephen King's "It."
President Trump said that he would be "lowering the American flag" throughout the nation for one week in Dolly Parton's honor.
NYC's Empire State Building paid tribute to music legend Dolly Parton Tuesday night. Parton, 80, died Tuesday in Nashville, her family announced.
Dolly Parton became an icon over her six-decade career as a Grammy-winning singer-songwriter, movie and TV star and theme park owner who donated millions to help others.
The AMC Kips Bay 15 on Second Avenue has been open since 1999 but will shut down at the end of 2026, according to a spokesperson.
Juan Soto had the go-ahead RBI single a pitch after fouling a ball off his right leg Saturday, leading the Mets to a 6-2 victory over the Astros.
Red Sox rookie Jake Bennett stymied the Yankees again, allowing three hits in six innings, as Boston took the first game of a doubleheader Saturday in New York.
Chip Trayanum was taken to a hospital with a neck injury after earlier running for a touchdown in the Jets' 23-6 preseason loss to the Giants on Friday night.
The New York Yankees edged the Boston Red Sox 1-0 on Friday night in the opener of a pivotal four-game series.
The Houston Astros beat the New York Mets 3-1 on Friday night.
With tickets to the U.S. Open skyrocketing, tennis advocates in the Harlem community are working to make the sport more accessible for New Yorkers.
The DSNY reported an increase in needle stick injuries for New York City sanitation workers.
A Queens homeowner says that overgrown city trees on her block are creating a safety hazard at night.
Neighbors say Flushing Meadows Corona Park has been falling into disrepair for years.
The owner of a beloved Harlem food truck known for its burgers under $5 is retiring and selling the business.
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.
CBS News New York's Vanessa Murdock has your weather forecast for August 29 at 7 p.m.
Fans were at the USTA Billie Jean King National Tennis Center in Queens on for the last day of U.S. Open Fan Week.
In Brooklyn, Spike Lee organized a massive celebration in honor of what would have been Michael Jackson's 68th birthday. The filmmaker's "BK Loves MJ Block Party" took over Fort Greene Park on Saturday.
Flames lit up the sky in Newark, New Jersey, early Saturday morning, and now a dozen people need a new place to stay. CBS News New York's Kristie Keleshian reports.
The beach club hit by a tornado on Long Island last week has partially reopened.
