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.
The focus is on the afternoon and evening, when we could see downpours and severe thunderstorms across New York and New Jersey.
A 17-year-old was shot late Monday night at a McDonald's on Pennsylvania Avenue and Linden Boulevard in Brooklyn.
Jazz Chisholm Jr. homered in consecutive at-bats against All-Star Braxton Ashcraft and drove in five runs, powering the Yankees to an 8-5 victory over the Pirates on Monday night.
Cooper Pratt hit his first major league homer to help spoil Freddy Peralta's return to Milwaukee as the Brewers defeated the Mets 8-3 on Monday night.
The New York City health commissioner revealed more somber news on Monday, announcing the fourth death related to the Upper East Side Legionnaires' disease cluster.
The focus is on the afternoon and evening, when we could see downpours and severe thunderstorms across New York and New Jersey.
A 17-year-old was shot late Monday night at a McDonald's on Pennsylvania Avenue and Linden Boulevard in Brooklyn.
The New York City health commissioner revealed more somber news on Monday, announcing the fourth death related to the Upper East Side Legionnaires' disease cluster.
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.
New York City Mayor Zohran Mamdani is doubling down on his promise to arrest Israeli Prime Minister Benjamin Netanyahu when he arrives for the United Nations General Assembly in a few weeks.
The focus is on the afternoon and evening, when we could see downpours and severe thunderstorms across New York and New Jersey.
Stormy weather will return to the New York City area Tuesday after a brief reprieve.
Storms brought flooding rains, damaging winds, hail and lightning to New York and New Jersey on Saturday.
While the air quality is improving, haze still lingers as New Yorkers brace for upcoming rain and possibly severe storms Saturday.
A tornado warning was issued in parts of New Jersey on Thursday evening.
The focus is on the afternoon and evening, when we could see downpours and severe thunderstorms across New York and New Jersey.
There have been major developments in the case of a social media influencer who was gunned down last summer on the Cross County Parkway in Westchester.
Two young children were killed during the crash in Barnegat Bay between Berkeley Township and Seaside Heights on Sunday night.
Madonna, Justin Bieber, BTS and Shakira each brought a bit of one of their hits to the World Cup's first halftime show in a whirlwind performance Sunday that also squeezed in Burna Boy, Ted Lasso and many Muppets.
Hundreds of fans packed the American Dream mall on Sunday to watch the World Cup final between Argentina and Spain on a big screen and inside restaurants.
The focus is on the afternoon and evening, when we could see downpours and severe thunderstorms across New York and New Jersey.
Matthew Smith, 21, pleaded guilty to driving drunk and crashing his pickup truck into Patricia Espinosa's car, killing her.
Democratic socialists have had a number of big victories lately, both in the New York City area and nationally. That begs the question: are they the new political force in the United States?
A memorial service was held on Long Island on Friday night for victims of TWA Flight 800, marking 30 years since the deadly crash. CBS News New York's Allen Devlin reports.
A large gun and drug bust in Nassau County led to six arrests.
New York City Mayor Zohran Mamdani is doubling down on his promise to arrest Israeli Prime Minister Benjamin Netanyahu when he arrives for the United Nations General Assembly in a few weeks.
Democratic socialists have had a number of big victories lately, both in the New York City area and nationally. That begs the question: are they the new political force in the United States?
White House border czar Tom Homan said "I think body cameras are the way to go" after fatal shootings by federal immigration officers in Texas and Maine earlier this month.
The following is the transcript of an interview with New York Gov. Kathy Hochul, a Democrat, that aired on "Face the Nation with Margaret Brennan" on July 19, 2026.
It will be the first meeting between President Trump and Sheinbaum since December after months of verbal sparring. Canadian Prime Minister Mark Carney is also expected to attend.
For the third day in a row, the NYC Health Department has announced a death in the Upper East Side Legionnaires' disease cluster.
A second death has been reported in connection to the Legionnaires' disease cluster on the Upper East Side, health officials said Saturday.
One death has been reported in connection to the Legionnaires' disease cluster on New York City's Upper East Side, health officials say.
Farmers in New Jersey say the cyclosporiasis outbreaks across the country are providing an opportunity to get to know your local farmer.
Taylor Farms said none of its branded salads or kits contain the iceberg lettuce associated with the outbreak.
Madonna, Justin Bieber, BTS and Shakira each brought a bit of one of their hits to the World Cup's first halftime show in a whirlwind performance Sunday that also squeezed in Burna Boy, Ted Lasso and many Muppets.
Brenda Fricker won an Academy Award for 1989's "My Left Foot," played the Pigeon Lady in "Home Alone 2" and appeared in "A Time to Kill" and "So I Married an Axe Murderer."
New Zealand actor Sam Neill, known for "Jurassic Park" and "The Piano," died Monday at 78, his family says.
The final show of Jay-Z's anniversary concert series at Yankee Stadium was delayed for hours after hundreds of ticketless fans flooded the gates and breached security, according to officials.
Jay-Z and some very special guests took over Yankee Stadium on Friday night, performing to a sold-out crowd.
Jazz Chisholm Jr. homered in consecutive at-bats against All-Star Braxton Ashcraft and drove in five runs, powering the Yankees to an 8-5 victory over the Pirates on Monday night.
Cooper Pratt hit his first major league homer to help spoil Freddy Peralta's return to Milwaukee as the Brewers defeated the Mets 8-3 on Monday night.
Five Yankees pitchers combined on a four-hitter as New York edged the Dodgers 2-1 to split their day-night doubleheader Sunday.
The New York Mets won a series in Philadelphia for the first time in nearly four years, beating the Phillies 6-1 on Sunday.
Yoshinobu Yamamoto pitched a four-hitter, and the Dodgers defeated the Yankees 8-2 in the opener of their day-night doubleheader Sunday.
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.
The FIFA World Cup is delivering a business boost for many bars and restaurants across New York City, but not every industry is seeing the same payoff.
Two Upper West Side children went on a mission to visit 40 playgrounds in one day, hoping to set a record.
Eddie Palmieri, the East Harlem legend who revolutionized Latin music, now has a street renamed in his honor.
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 fourth person has died from the outbreak, but officials say they believe the source has been eliminated. CBS News New York's Elijah Westbrook reports.
Army veteran Andrew Arrabaca was taken into custody after allegedly dousing an entrance to 26 Federal Plaza with gasoline before setting off fireworks Monday morning. CBS News New York's Christina Fan reports.
A 24-year-old woman was stabbed in the back inside a home in Astoria, the NYPD said.
A 17-year-old girl was shot multiple times at a McDonald's in Brooklyn late Monday night. CBS News New York's Aziza Shuler reports.
Stormy weather returns to the Tri-State Area with showers and strong storms expected in the afternoon and evening. CBS News New York Meteorologist Tony Sadiku has the forecast.
