Treasury Secretary Scott Bessent visits Westchester amid high inflation report
Congressman Mike Lawler invited Bessent to Westchester to tour Regeneron, a biotech firm. CBS News New York's Tony Aiello reports.
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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.
Wholesale egg prices are falling, with stores saying they're now lowering prices and easing restrictions. But tariffs could be an issue.
U.S. stocks continue to flail as investors grapple with impact of Trump administration trade war and signs of economic slowdown.
The bird flu is still wiping out poultry flocks, leading to supply shortages. Here's when egg prices could come down, experts say.
Consumers are likely to face higher costs for some imported goods, experts say. Here's the potential impact on your wallet.
The NYPD made several arrests related to drag racing early Sunday morning in the Bronx. The busts happened almost one month after another controversial car meet-up in Queens.
The New York Knicks are headed back to the Eastern Conference finals -- and their fans are loving every minute of it.
Hannes Wolf scored three goals for his first hat trick and Nicolás Fernández assisted on all the scores to help lead NYCFC to a 3-0 victory over the Columbus Crew on Sunday.
Eduardo Rodriguez came within two outs of his first complete game, Ryan Waldschmidt had his first three big league RBIs and the Diamondbacks beat the Mets 5-1 on Sunday.
The Knicks will play the winner of the Pistons-Cavaliers series in the Eastern Conference finals after sweeping the Sixers.
The NYPD made several arrests related to drag racing early Sunday morning in the Bronx. The busts happened almost one month after another controversial car meet-up in Queens.
The New York Knicks are headed back to the Eastern Conference finals -- and their fans are loving every minute of it.
The Nets entered the draft lottery with a 14% chance of securing the No. 1 overall pick, tied for the best odds with the Wizards and Pacers.
The Rent Guidelines Board might be on the verge of fulfilling Mayor Zohran Mamdani's signature campaign promise after it voted to support hikes ranging from 0-4%.
The fatal fire erupted just before 1:30 a.m. Sunday at a boarded-up house on Sycamore Avenue in Hempstead, Nassau County fire officials said.
An unsettled pattern continues through the entire Mother's Day weekend in the New York City area.
After summer-like warmth, rainy weather and cooler temperatures return to the New York City area mid-week.
A cool weekend is ahead for the New York City area before warmer weather returns.
Some residual showers may linger into early Sunday morning, but the majority of the rainfall should be over by sunrise.
Amtrak announced Thursday it is suing Metro-North for allegedly blocking nonrevenue trains on a portion of the busy Northeast Corridor for over two months.
A man was arrested after a police standoff forced Bridgewater, New Jersey, residents to shelter in place for over 24 hours, officials say.
A woman has been charged with theft for taking a dog outside a Clifton, New Jersey, home in April, police say.
An unsettled pattern continues through the entire Mother's Day weekend in the New York City area.
The owners of Boulevard Drinks in Jersey City's Journal Square said new building owners gave them until May 27 to get out.
A New Jersey neighborhood was ordered to shelter in place all day as police investigated at a home in Bridgewater Township.
The fatal fire erupted just before 1:30 a.m. Sunday at a boarded-up house on Sycamore Avenue in Hempstead, Nassau County fire officials said.
Unions representing thousands of LIRR workers rallied Saturday amid a dispute with the MTA that could trigger their first strike in decades.
A new proposal on Long Island could change how quickly a business has to hand over surveillance video to police during an investigation.
The MTA and five of its unions are embroiled in a contract dispute that could trigger the LIRR's first work stoppage in more than 30 years.
New York Gov. Kathy Hochul announced a $268 billion budget that includes a pied-à-terre tax targeting wealthy New York City second home owners.
The Rent Guidelines Board might be on the verge of fulfilling Mayor Zohran Mamdani's signature campaign promise after it voted to support hikes ranging from 0-4%.
A new proposal on Long Island could change how quickly a business has to hand over surveillance video to police during an investigation.
The Trump administration announced a major expansion of its denaturalization campaign targeting foreign-born American citizens accused of fraudulently obtaining U.S. citizenship.
Defense Secretary Pete Hegseth said in a statement that the documents "have long fueled justified speculation — and it's time the American people see it for themselves."
New York City's Rent Guidelines Board held a preliminary vote Thursday proposing a potential increase for 1 million rent-stabilized apartments across the five boroughs.
A Dutch-flagged cruise ship that was hit by a deadly hantavirus outbreak reached Spain's Canary Islands early Sunday morning.
More than 100 people from a cruise ship dealing with an outbreak of the rare and deadly hantavirus are set to be disembarked.
Two New Jersey residents were potentially exposed to a person infected with hantavirus, according to health officials.
Three passengers have been evacuated from a cruise ship hit by a hantavirus outbreak, as related cases are confirmed in Switzerland and South Africa.
The FDA announced its first authorization of fruit-flavored electronic cigarettes intended for adult smokers, a major policy shift after months of appeals to President Trump from the vaping industry.
"The Pitt" star Isa Briones is bringing heightened pride and Filipino presence to both stage and screen.
Broadway's "The Book of Mormon" has canceled two weeks of performances following a fire at the Eugene O'Neill Theatre.
Uzo Aduba and Darren Criss announced the 2026 Tony nominees for select categories on "CBS Mornings" on Tuesday.
Rihanna, Sabrina Carpenter, Madonna, and Beyoncé all wore their best looks to celebrate the "Costume Art" theme at the 2026 Met Gala. Here are some of the best moments, photos, and more from the night.
Firefighters responded to Broadway's Eugene O'Neill Theater Monday morning after a blaze broke out.
The New York Knicks are headed back to the Eastern Conference finals -- and their fans are loving every minute of it.
Hannes Wolf scored three goals for his first hat trick and Nicolás Fernández assisted on all the scores to help lead NYCFC to a 3-0 victory over the Columbus Crew on Sunday.
Eduardo Rodriguez came within two outs of his first complete game, Ryan Waldschmidt had his first three big league RBIs and the Diamondbacks beat the Mets 5-1 on Sunday.
The Knicks will play the winner of the Pistons-Cavaliers series in the Eastern Conference finals after sweeping the Sixers.
Brice Turang homered off David Bednar with two outs in the ninth inning, and the Brewers completed a three-game sweep of the Yankees with a 4-3 victory Sunday.
For more than four decades, residents living beside Brooklyn's District 13 Sanitation Garage in Coney Island have been waiting for the facility to move away from their homes.
There's a swim club in Harlem teaching kids a lifesaving skill, and they're turning timid swimmers into competitors.
The Davis Center at the Harlem Meer is celebrating one year of providing year-round recreation space to New Yorkers while still spreading the word to residents.
Residents displaced by a deadly apartment building fire in Inwood say it was only a matter of time before their building went up in flames.
In New York City, where land is at a premium, a stockpile of pristine soil unearthed at construction sites helps lower emissions and support urban farmers.
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 Andrew Ramos spoke with several supporters of the blue and orange who think this may just be the Knicks' year.
It was the latest incident in a troubling trend of illegal car activity in New York City. CBS News New York's Lisa Rozner has the story.
The shooting happened in the area of Rosa Parks and Godwin avenues. CBS News New York's Allen Devlin has the latest.
New York connected on 18 3-pointers in the first half on its way to a resounding 144-114 destruction of the 76ers in Game 4 on Sunday. CBS News New York's Steve Overmyer and Otis Livingston have the story.
CBS News New York's Vanessa Murdock says our best chance for some rain is on Wednesday and Thursday.
