Stocks sink sharply as investors fret over volley of tariffs
U.S. stocks continue to flail as investors grapple with impact of Trump administration trade war and signs of economic slowdown.
Watch CBS News
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.
Its tough news on inflation and according to a new Bankrate survey. One-third of Americans say they have more credit card debt than emergency savings. Bankrate Chief Financial Analyst Greg Mcbride explains the study's findings.
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."
The Philadelphia Phillies beat the reeling New York Mets 2-1 on Friday night.
Rainy weather will kick off the weekend in the New York City area before sunshine returns.
Payton Tolle took a perfect game into the sixth inning and the Boston Red Sox beat the New York Yankees 6-1 on Friday night.
Traffic will be impacted in Midtown Manhattan as the city initiates shuttle bus corridors and street closures to accommodate World Cup ticketholders.
The suspect accused of killing two teenage girls in a hit-and-run in Cranford, New Jersey, last year will be tried as an adult, officials said Friday.
Rainy weather will kick off the weekend in the New York City area before sunshine returns.
Traffic will be impacted in Midtown Manhattan as the city initiates shuttle bus corridors and street closures to accommodate World Cup ticketholders.
Many New Yorkers are finding ways to help those in Venezuela following this week's powerful back-to-back earthquakes.
New York Mets fans seem to be directing frustration at David Stearns and Steve Cohen after manager Carlos Mendoza's firing.
The site will continue to house a casino, but Aqueduct's move to Long Island brings a rare opportunity to the South Ozone Park community.
Rainy weather will kick off the weekend in the New York City area before sunshine returns.
Monday's severe weather has come and gone, but that doesn't mean the system is leaving the area.
After a tranquil, warm weekend, more turbulent weather lies ahead in the New York City area.
Weather is tranquil and pleasant in the New York City area for Father's Day weekend as summer officially begins.
Dangerous heat is building across the Tri-State Area with the threat of severe storms, making Thursday and Friday First Alert Weather Days.
Rainy weather will kick off the weekend in the New York City area before sunshine returns.
Traffic will be impacted in Midtown Manhattan as the city initiates shuttle bus corridors and street closures to accommodate World Cup ticketholders.
The suspect accused of killing two teenage girls in a hit-and-run in Cranford, New Jersey, last year will be tried as an adult, officials said Friday.
Table to Table is on a mission to make sure nothing goes to waste at 2026 FIFA Men's World Cup celebrations in New Jersey.
Law enforcement officials found a home laboratory and a shed full of explosives at a home in Denville, New Jersey.
A Long Island school district official is accused of trashing ballots to rig an election.
A Long Island school district official is accused of trashing ballots to rig an election. CBS News New York's Jennifer McLogan reports.
The site will continue to house a casino, but Aqueduct's move to Long Island brings a rare opportunity to the South Ozone Park community.
A young entrepreneur with Down syndrome opened his first brick-and-mortar store on Long Island after his sock company went global.
A defense attorney made stunning new claims in court Wednesday about what may have sparked the fatal stabbing of a Massapequa man.
A Long Island school district official is accused of trashing ballots to rig an election.
Bolton agreed to pay a $2.25 million fine, pleading guilty to one count of retaining classified national security information.
CBS News New York Investigates is looking into Supplemental Nutrition Assistance Program benefits, and the new work requirements in order to keep them.
Victims of e-bike crashes are suing New York City over Mayor Zohran Mamdani's directive ending criminal enforcement of violations.
The Supreme Court on Thursday said the Trump administration can move forward with its efforts to strip more than 356,000 Syrian and Haitian immigrants of temporary protections.
A federal judge has temporarily blocked the Justice Department from executing subpoenas in a criminal probe that sought transgender care records for patients treated at New York hospitals.
An off-duty EMT jumped into action at the Knicks parade Thursday when a man appeared to be suffering from an overdose.
New York broadcast giant Bill Ritter announced Friday he is stepping down from the WABC anchor desk after being diagnosed with early stage Alzheimer's.
For half a century, The Valerie Fund has been dedicated to providing care to children with cancer and blood disorders.
A New Jersey nonprofit called The Valerie Fund is celebrating 50 years of providing comprehensive care to children with cancer and blood disorders.
Fans gathered at the Brooklyn Public Library on Thursday for limited-edition card marking 30 years of "Reasonable Doubt."
There appear to be new clues about the location of Taylor Swift and Travis Kelce's wedding.
Clive Davis helped shape the careers of music stars including Janis Joplin, Bruce Springsteen and Whitney Houston.
When a large tent appeared next door to Taylor Swift's Watch Hill estate this week, it didn't take long for speculation about the superstar's impending nuptials to ripple through the affluent New England seaside village.
Claude Guillemot and a flight instructor were flying in a twin-motor Cessna 421 on Friday evening. An investigation into the crash is underway.
The Philadelphia Phillies beat the reeling New York Mets 2-1 on Friday night.
Payton Tolle took a perfect game into the sixth inning and the Boston Red Sox beat the New York Yankees 6-1 on Friday night.
New York Mets fans seem to be directing frustration at David Stearns and Steve Cohen after manager Carlos Mendoza's firing.
The Second Round Foundation, founded by Sandra and Jalen Brunson, aims to help provide young people with what they need to thrive in the future.
Carlos Mendoza was fired as manager of the underperforming New York Mets on Friday and replaced by Andy Green.
Fans gathered at the Brooklyn Public Library on Thursday for limited-edition card marking 30 years of "Reasonable Doubt."
After learning to swim in her 40s, one school leader is helping students gain life-saving skills.
Entrepreneurs in Brooklyn are reimagining laundry day as a social experience, turning neighborhood laundromats into gathering spaces.
Experts say the team's title run created a feeling of collective joy and connection, while some local businesses are also seeing a boost from the celebration.
Knicks fans who couldn't make it to Thursday's parade still found a way to celebrate across New York in true blue-and-orange fashion.
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.
City officials and volunteers put a fresh coat of paint on the rainbow crosswalk in Greenwich Village on Friday to kick off Pride Weekend.
Businesses across New York City and New Jersey are serving as collection centers to receive donations to send to Venezuela. CBS News New York's Adi Guajardo reports.
The pilot of a United Airlines flight said they had a close call with a drone while arriving at Newark Airport on Friday.
Two firefighters suffered minor injuries battling an apartment fire in Queens on Friday.
A manhunt is underway for a man accused of raping a 13-year-old girl in a Bronx park Tuesday night.