How is NYC addressing its housing crisis?
For the first time in more than 50 years, the city's vacancy rate has dropped to 1.4% So how did we get here, and what's being done about it?
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For the first time in more than 50 years, the city's vacancy rate has dropped to 1.4% So how did we get here, and what's being done about it?
Inflation has cooled from the high levels seen in 2022, but monthly necessities like rent and auto insurance have skyrocketed this year. CBS News' Jo Ling Kent has more on the rise in costs and what that means for the economy.
CBS News Business Analyst Jill Schlesinger joins us to explain what it means for your wallet.
Consumers often hear a car loses its value once you drive it off the lot, but that may not be the case anymore.
This year's robust stock market performance defied analysts' predictions as investors cheered prospects of lower interest rates and inflation.
Billions of dollars' worth of gift cards go unspent every year. Here's what to know about redeeming them — and avoiding scams.
Just 1 in 5 say they'll buy more gifts for others this season, compared to recent past years — and this is true even among higher-income earners.
The Federal Reserve's preferred measure of inflation fell last month in another sign that prices are easing.
Overall, the numbers show slight progress year-over-year, but holiday shoppers are still feeling the pinch. CBS New York's Jill Schlesinger is here with more.
Many feel worse off than their parents' generation as income isn't keeping up.
Compared with 2021, the typical household must spend an additional $11,434 annually just to maintain their standard of living, analysis shows.
CBS News Business Analyst Jill Schlesinger gives us a sense of where things stand and what's ahead in this so-called last mile.
Prices across the U.S. rose 3.2% compared with a year earlier, slightly below economists' forecasts.
CBS News' Business Analyst Jill Schlesinger joins us to explain why economists were wrong when they thought we were heading for a recession.
The 2024 inflation adjustment won't be as large as last year's hike. That means some older Americans could lose ground.
CBS News Business Analyst Jill Schlesinger joins us to break down the results.
The largest drop in pessimism about the economy since summer 2022 has come from Republicans.
Inflation has come down dramatically since peaking last summer, so where did things stand in July?
Though far from its recent peak of 9.1% in June 2022, the figure remains higher than the Federal Reserve's goal of 2%.
We sit down with CBS News Business Analyst Jill Schlesinger to discuss the impact on consumers.
The Consumer Price Index rose at an annual rate of 3%, the Labor Department said on Wednesday.
As reporter Danya Bacchus tells us, many items are higher again this year, but some staples are actually down.
Many items are even more expensive this year, while some staples are actually cheaper, CBS New York's Danya Bacchus reports.
Even so, the latest "report contains plenty of pain, especially for lower-income Americans," said one economist.
Inflation has been slowing down in recent months, did that trend continue in May? We ask CBS News Business Analyst Jill Schlesinger to find out.
A woman on her way to New York City went into labor as her flight was about to land at JFK Airport on Saturday. Caribbean Airlines confirmed she gave birth on Flight BW005, which was en route from Kingston, Jamaica.
Nolan Traore hit five 3-pointers and finished with 23 points and seven assists, Jalen Wilson added 19 points and the Nets beat the Wizards 121-115 on Sunday.
Pinch-hitter Luis Torrens keyed New York's four-run eighth inning with a two-run double and the Mets made it three straight wins over the San Francisco Giants with a 5-2 victory.
UCLA finished the season 37-1 by defeating the three-time national champion South Carolina Gamecocks.
People dressed in elaborate headgear and paraded up Fifth Avenue for New York City's Easter Sunday tradition.
A woman on her way to New York City went into labor as her flight was about to land at JFK Airport on Saturday. Caribbean Airlines confirmed she gave birth on Flight BW005, which was en route from Kingston, Jamaica.
People dressed in elaborate headgear and paraded up Fifth Avenue for New York City's Easter Sunday tradition.
History was made Saturday night at Madison Square Garden as the Sirens played the Torrent before a sold-out crowd.
An NYPD officer was struck by a driver and injured during a traffic stop in Brooklyn on Saturday.
Tributes continue to pour into Brooklyn, where 7-month-old Kaori Patterson-Moore lost her life in a senseless shooting Wednesday.
Rain has returned for Easter Sunday in the New York area after the holiday weekend kicked off with May-like weather.
UConn's jaw-dropping buzzer beater catapulted them to the Final Four.
Bridgeport firefighter Terrence Cramer was killed after his girlfriend's ex shot him in a fit of rage at a Connecticut home, according to an arrest warrant.
Jabari Bush is accused of fatally shooting active-duty Bridgeport Firefighter Terrence Cramer in Shelton, police said.
Warmer weather will return to New York City and the surrounding area soon.
The move would reduce the minimum uninsured motorist coverage for ride-share services from $1.5 million to as low as $35,000.
Fire officials are investigating the cause of a multi-alarm fire at a former chemical manufacturer in Paterson, New Jersey.
Rain has returned for Easter Sunday in the New York area after the holiday weekend kicked off with May-like weather.
With just over one square mile of land, the City of Hoboken says the 2026 FIFA World Cup could be a once-in-a-generation opportunity for homeowners.
New Jersey Gov. Mikie Sherrill and her family are moving into Drumthwacket, the governor's official residence in Princeton.
Patrick Roy has been abruptly fired as head coach of the New York Islanders.
Stony Brook University professor Timothy Glotch is one of 10 scientists selected to shape research plans for NASA's next Artemis missions.
A Long Island man accused of shooting his sister in the head with a crossbow pleaded not guilty to attempted murder Thursday.
A Long Island high schooler and his mom are being credited with saving a sleeping neighbor from a house fire.
New York Republican gubernatorial nominee Bruce Blakeman said Tuesday he will sue the state after the Campaign Finance Board denied him matching funds.
A U.S. crew member who went missing when an F-15E fighter jet was shot down over a remote area of Iran has been rescued by U.S. forces.
The changes were likely to affect Associate Attorney General Stanley Woodward, the No. 3 official at the Justice Department and Harmeet Dhillon, the Assistant Attorney General for the Civil Rights Division.
President Trump ordered the Department of Homeland Security to find a way to pay "each and every employee" of the agency.
New Jersey Gov. Mikie Sherrill and her family are moving into Drumthwacket, the governor's official residence in Princeton.
The search for the second crew member, a weapons system officer, is continuing, two U.S. officials said.
What started as a sinus infection left a Long Island teenager fighting for his life, requiring emergency brain surgery.
Older adults in New Jersey recorded the highest number of suspected overdose deaths in 2025, according to the New Jersey Department of Health.
The first case of mpox clade I has been detected in New York City, health officials said Friday. Of the two types of mpox, clade I is known to cause more severe disease and death.
Heights University Hospital, formerly known as Christ Hospital, shuttered its emergency room Saturday night.
New Jersey Sen. Andy Kim is opening up about his father's Alzheimer's diagnosis in hopes of helping others struggling like him to care for their loved ones.
A federal judge in New York has tossed out actor Blake Lively's sexual harassment claims against actor Justin Baldoni over their roles in the movie "It Ends With Us," but left intact a claim for retaliation.
Atlanta rapper Gucci Mane was lured to a Dallas studio for a meeting, then allegedly kidnapped and robbed by a group including rappers Pooh Shiesty and Big30.
Megan Thee Stallion was released from a New York City hospital after she got sick during a performance of "Moulin Rouge! The Musical."
The price hike raises the cost of the standard plan with ads by $1 per month and the cost of the standard and premium plans by $2.
Savannah Guthrie stepped back from her NBC duties almost two months ago when her mother, Nancy Guthrie, disappeared. The investigation is ongoing.
Nolan Traore hit five 3-pointers and finished with 23 points and seven assists, Jalen Wilson added 19 points and the Nets beat the Wizards 121-115 on Sunday.
Pinch-hitter Luis Torrens keyed New York's four-run eighth inning with a two-run double and the Mets made it three straight wins over the San Francisco Giants with a 5-2 victory.
UCLA finished the season 37-1 by defeating the three-time national champion South Carolina Gamecocks.
Patrick Roy has been abruptly fired as head coach of the New York Islanders.
Clay Holmes and Tobias Myers combined on a three-hitter and the New York Mets beat the San Francisco Giants 9-0 on Saturday night.
Preparations for Passover in Brooklyn blend centuries-old rituals with modern traditions unique to each family.
New York has filed a lawsuit against solar company Attyx, saying it didn't just sell panels, it sold promises it couldn't keep.
Long before Manhattan's iconic street grid took shape, an English widow planned a Brooklyn community that helped shape the city today.
The Center for Brooklyn History showcase examines the Battle of Brooklyn through rare maps, paintings, and historical artifacts from the American Revolutionary War.
From World War II to modern mixology, women in Brooklyn fought for their place behind the bar. This Women's History Month, their legacy continues to influence the city's nightlife.
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 Craig Allen says to expect temperatures in the upper 40s and low 50s for the next few days, but the warmth will return late in the week.
Caribbean Airlines confirmed Saturday's event. CBS News New York's Allen Devlin has more on the special delivery.
It will mark the first time she has appeared on the show since her mother's disappearance on Jan. 31. Authorities believe 84-year-old Nancy Guthrie was taken from her Tucson, Arizona, home. CBS News New York's Allen Devlin reports.
It happened just before 6 a.m. on Sunday at a Park Right on West 43rd Street near 11th Avenue. CBS News New York's Allen Devlin reports.
CBS News New York's Kristie Keleshian got a look at this year’s festivities, in what’s now an over-century-old tradition.