What products could get pricer after Trump tariffs enacted?
The White House levied new import duties on its three closest trading partners.
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The White House levied new import duties on its three closest trading partners.
President Trump is an avowed supporter of tariffs, but many experts say such trade measures can boost inflation.
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
A bird flu outbreak has driven up prices and Schumer says they may go up even higher if the incoming administration and Congress make cuts to programs that help farmers. CBS News New York's Jessica Moore reports.
Inflation has cooled from its most recent peak, but progress in getting it to a 2% annual rate has been slow.
New Yorkers could receive an "Inflation Refund" check for up to $500 next year, Gov. Kathy Hochul announced Monday.
The governor is asking the Legislature to approve a refund that sends checks to millions of middle class state residents to help them cope with the high cost of living. CBS News New York's Marcia Kramer reports.
Democrats have watched their margin of victory shrink in New York City in three consecutive general elections.
A new Bankrate survey found 41% of Americans say inflation is their top economic issue for the 2024 presidential election. Bankrate's senior economic analyst Mark Hamrick joins CBS News New York to discuss the impact.
Social Security benefits are given a cost-of-living adjustment each year. The 2025 COLA increase is the smallest since 2021.
Inflation in September fell to an annual rate of 2.4%, its lowest point since early 2021, as gas and energy costs continued to ease.
The Federal Reserve just lowered its benchmark rate by 0.50 percentage points. Here's how the move could impact your finances.
The Fed's decision will lower borrowing costs from a 23-year high as the central bank pivots to shoring up economic growth.
New Yorkers shared their opinions about the economy with CBS News New York's Jessica Moore after Tuesday night's presidential debate.
The deal, available through Subway's app and website for a limited time, is aimed at inflation-weary consumers.
The monthly report is viewed as key factor in whether the Federal Reserve cuts its benchmark interest rate in September.
Jill Schlesinger, Business Analyst for CBS New York breaks down the latest inflation numbers.
After years of soaring housing costs, renters are getting some relief as the Federal Reserve looks to extinguish inflation.
The latest consumer price data furthers the case for an interest rate cut by the Federal Reserve as soon as September.
Is the issue of abortion offsetting the drag on President Biden stemming from inflation nationally and immigration in a state like Arizona?
It seems like the cost of just about everything is going up. Here's what New Yorkers think is just "too damn high."
Robust corporate profits and steady U.S. economic growth are driving stocks to record highs.
The hotter-than-expected inflation reading could cause the Federal Reserve to delay interest rate cuts, analysts said.
CBS News Business Analyst Jill Schlesinger breaks down the latest numbers.
The overall rate was up 3.2% in February, with gas and shelter accounting for nearly 60% of that rise. CBS News Business Analyst Jill Schlesinger breaks things down.
First responders are at the scene of a fire in Sunset Park, Brooklyn early Wednesday morning after flames erupted at an industrial building overnight.
One person was killed and at least 10 others were injured in a chain-reaction crash involving an FDNY truck and three other vehicles in Brooklyn on Tuesday night.
Mathew Barzal scored in overtime to cap the Islanders' rally from a three-goal deficit for a 4-3 win over the Blues on Tuesday night.
Jalen Duren scored 26 points, Cade Cunningham had 21 points and 15 assists, and the Pistons hammered the Nets 138-100 on Tuesday night.
Alexis Lafreniere got his second career hat trick and Jonathan Quick stopped 21 shots as the Rangers defeated the Flames 4-0 on Tuesday night.
One person was killed and at least 10 others were injured in a chain-reaction crash involving an FDNY truck and three other vehicles in Brooklyn on Tuesday night.
New York City's minimum wage could climb to $30 per hour in the coming years. The proposal in the City Council stands to benefit of a lot of people, but there has also been significant pushback.
The Albany budget battle that could test whether New York City Mayor Zohran Mamdani has to raise property taxes began Tuesday with the state Senate and Assembly unveiling their initial wish lists.
A Brooklyn man is facing multiple charges for allegedly pushing two people onto subway tracks on the Upper East Side Sunday.
The Jets are set to acquire quarterback Geno Smith and a seventh-round draft pick from the Raiders.
Thunderstorms are expected in New York, New Jersey and Connecticut this weekend after severe weather hit the Midwest.
Periods of rain will move through the New York area Thursday, but spring temperatures are on the way for the weekend.
Snow and rain will make for messy morning and evening commutes for New Yorkers on Tuesday. It's a First Alert Weather Day.
The Tri-State Area's weekend is looking like a tale of two seasons with both snow and sunshine.
Another round of snow is impacting the Tri-State Area Wednesday, just after a major blizzard dumped more than 2 feet of snow in some parts of New York and New Jersey.
New Jersey Gov. Mikie Sherrill, on the job for a little over a month, called for major cuts during her first budget address Tuesday.
The Jets are set to acquire quarterback Geno Smith and a seventh-round draft pick from the Raiders.
Thunderstorms are expected in New York, New Jersey and Connecticut this weekend after severe weather hit the Midwest.
While the money promised by Gov. Mikie Sherrill will help Phillipsburg make sinkhole repairs, it won't be enough to get everyone back in their homes.
The suspect allegedly used Google Translate to threaten to shoot a cashier at Mi Rinconcito Ecuatoriano in Newark.
A Long Island mother accused of driving while impaired in a 2024 wrong-way crash that killed her son 9-year-old son on the Southern State Parkway has been found not competent to stand trial, the Suffolk County DA's office confirmed Tuesday.
A three-alarm fire was reported Tuesday morning at West Side Elementary School in Laurel Hollow on Long Island.
Data shows a massive increase in pump-and-dump schemes over the last year. Two traders from New York say it cost them tens of thousands of dollars.
Virtual reality is helping some veterans on Long Island travel the world again without leaving their nursing home.
Many of these Long Islanders believe their section of New York's shoreline is shrinking because of the brutal winter.
New York City's minimum wage could climb to $30 per hour in the coming years. The proposal in the City Council stands to benefit of a lot of people, but there has also been significant pushback.
New Jersey Gov. Mikie Sherrill, on the job for a little over a month, called for major cuts during her first budget address Tuesday.
The Albany budget battle that could test whether New York City Mayor Zohran Mamdani has to raise property taxes began Tuesday with the state Senate and Assembly unveiling their initial wish lists.
Carl Schurz Park near Gracie Mansion was evacuated Tuesday as police investigated a suspicious package. It comes after two teens were arrested for an attempted "an act of ISIS-inspired terrorism."
More than 1,000 new seats for New York City's 3-K program were announced Tuesday by Mayor Zohran Mamdani.
A new study shows toxic forever chemicals known as PFAS may be entering the food chain on Long Island through contaminated soil, water and air.
Erik Lochtefeld is back to acting and marathon training after a glioblastoma diagnosis and complex surgery at NYU Langone.
HHS Secretary RFK Jr. wants the popular coffee chains to prove their surgery drinks are safe for teens and suggested the Trump administration could place limits on your cup of coffee.
Failed contract agreements between Mount Sinai and Anthem have caused thousands of New York patients to lose in-network care.
New York Attorney General Letitia James' office has ordered NYU Langone Health to resume its Transgender Youth Health Program.
A woman was arrested on Sunday for firing multiple shots at the Beverly Hills home of Rihanna, Los Angeles Police Department officials say.
Actress Daryl Hannah explains why the depiction of herself in the FX miniseries "Love Story" is unacceptable in an op-ed in Friday's New York Times.
Justin Timberlake is suing Sag Harbor to prevent the release of bodycam video of his 2024 arrest for driving while intoxicated on Long Island.
Brian Anthony Moreland is a Tony Award-nominated producer who has worked on numerous hit shows and joins a short list of Black producers working on Broadway.
Pokémon fans across New York City waited in live for special events marking the franchise's 30th anniversary.
Mathew Barzal scored in overtime to cap the Islanders' rally from a three-goal deficit for a 4-3 win over the Blues on Tuesday night.
Jalen Duren scored 26 points, Cade Cunningham had 21 points and 15 assists, and the Pistons hammered the Nets 138-100 on Tuesday night.
Alexis Lafreniere got his second career hat trick and Jonathan Quick stopped 21 shots as the Rangers defeated the Flames 4-0 on Tuesday night.
The Jets are set to acquire quarterback Geno Smith and a seventh-round draft pick from the Raiders.
Mika Zibanejad had two goals and an assist, and the New York Rangers scored on three power plays in a 6-2 win over the Philadelphia Flyers on Monday night.
Neighbors and local businesses in Long Island City, Queens, say rental trucks parked on streets are impacting daily operations.
Erik Lochtefeld is back to acting and marathon training after a glioblastoma diagnosis and complex surgery at NYU Langone.
Manhattan historians recently discovered a link to the Underground Railroad at the Merchant's House Museum.
The National Dance Institute in Harlem hosts a special camp twice a year to bring together dancers with and without special needs for a dance camp, proving anyone can take center stage.
Could New York City's harsh winter weather end up curbing the number of rats? Here's why experts are saying don't count on it.
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.
Firefighters are working to extinguish a five-alarm fire that broke out at an industrial building overnight in Brooklyn. CBS News New York's Elijah Westbrook reports.
CBS News New York's Lonnie Quinn says the severe weather is possible in and around New York City starting in the late afternoon. The high temperature for the day will approach 70.
With warm weather now in the region, the gate at Ramon Aponte Park on West 47th Street remains closed. CBS News New York's Naveen Dhaliwal spoke to frustrated parents.
CBS News New York's Dick Brennan has the latest on the war in the Middle East.
The crash happened in the Gravesend section at around 6:45 p.m. on Tuesday and involved four vehicles. CBS News New York's Allen Devlin has the latest on this developing story.
