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.
Federal funding cuts have left local organizations struggling to meet growing needs, prompting a borough-wide fundraising push to support food access, housing and other essential services.
Police don't have a suspect in custody, and the victim's father tell CBS News New York he does not believe his son knew the victim.
In Levittown, volunteers spent Christmas morning making dreams come true for children from struggling families.
In just about a week, when the holidays are over and shopping slows down, it can be tough on small businesses. In Harlem, a holiday market is helping vendors stay afloat.
Mamdani's team says the group of 48 includes "people from across fields and communities" and are "New Yorkers whose creativity, leadership and lived experience reflect the full life of the city."
Federal funding cuts have left local organizations struggling to meet growing needs, prompting a borough-wide fundraising push to support food access, housing and other essential services.
Police don't have a suspect in custody, and the victim's father tell CBS News New York he does not believe his son knew the victim.
In Levittown, volunteers spent Christmas morning making dreams come true for children from struggling families.
In just about a week, when the holidays are over and shopping slows down, it can be tough on small businesses. In Harlem, a holiday market is helping vendors stay afloat.
Mamdani's team says the group of 48 includes "people from across fields and communities" and are "New Yorkers whose creativity, leadership and lived experience reflect the full life of the city."
Forecast model data continues to suggest that a general 4–8-inch snowfall is likely with this system.
We've issued a First Alert Weather Day for Friday evening into Saturday morning due to snow.
It's a First Alert Weather Day as a mixture of snow and rain move through the Tri-State Area Tuesday morning.
We have issued a First Alert Weather Day Tuesday as travel could be impacted due to slick roads, especially north and west of the city.
Snow and rain will return to the New York City area before Christmas. Parts of the Tri-State Area have winter weather advisories.
Forecast model data continues to suggest that a general 4–8-inch snowfall is likely with this system.
We've issued a First Alert Weather Day for Friday evening into Saturday morning due to snow.
Leaders in Paterson, N.J., are pushing back against Director of National Intelligence Tulsi Gabbard's remarks suggesting the city is working to impose Islamic law.
Saint Cecilia Roman Catholic Church in South Brunswick, New Jersey, was ransacked in a desperate act for quick cash, police say.
It's a First Alert Weather Day as a mixture of snow and rain move through the Tri-State Area Tuesday morning.
In Levittown, volunteers spent Christmas morning making dreams come true for children from struggling families.
Forecast model data continues to suggest that a general 4–8-inch snowfall is likely with this system.
It's practically the plot to "Home Alone." A quick-thinking 12-year-old boy in Medford stopped a burglar who broke into his home, police said.
We've issued a First Alert Weather Day for Friday evening into Saturday morning due to snow.
CBS News New York went inside ICE operations on Long Island for a rare view of how, where and why arrests are made.
Mamdani's team says the group of 48 includes "people from across fields and communities" and are "New Yorkers whose creativity, leadership and lived experience reflect the full life of the city."
The Justice Department said the process of releasing the Epstein files may take "a few more weeks" due to the volume of materials.
A federal judge has given a green light to New York's so-called Green Light Law, rejecting the Trump administration's bid to stop the state from giving people driver's licenses without having them prove they're in the country legally.
Leaders in Paterson, N.J., are pushing back against Director of National Intelligence Tulsi Gabbard's remarks suggesting the city is working to impose Islamic law.
Mayor-elect Zohran Mamdani named Lillian Bonsignore as the next FDNY commissioner at a Tuesday afternoon news conference.
A spike in measles cases in Rockland County has New York health officials urging families to get vaccinated.
Researchers on Long Island say they've found physical evidence of PTSD in World Trade Center first responders.
In New York, cases of flu, RSV and COVID have spiked since Thanksgiving.
There are at least 500 sudden and unexpected deaths in the city each year, and in roughly a fifth of those cases, a genetic cause can be detected.
UnitedHealthcare and NewYork-Presbyterian have roughly two weeks to reach an agreement or thousands of Medicare Advantage members could be forced to find care elsewhere.
The singer said an MRI showed a cancerous spot on one of his lungs after he recovered from a lengthy bout of bronchitis.
Comedian and actor Bowen Yang performed his final sketch on "SNL" Saturday night, after announcing his unexpected mid-season exit from the show.
A judge Friday voided the conviction of one of the two men found guilty of the 2002 killing of Run-D.M.C. star Jam Master Jay.
The special features interviews with Kathy Bates, Annette Bening, Albert Brooks, Michael Douglas, Kiefer Sutherland, Jerry O'Connell and Mandy Patinkin.
Jake and Romy Reiner released a statement on Wednesday, remembering their parents, Rob Reiner and Michele Singer Reiner, as their best friends.
Adam Pelech scored the tiebreaking goal late in the third period, and the New York Islanders beat the New Jersey Devils 2-1 on Tuesday night.
Taylor Raddysh and Alexis Lafreniere scored 68 seconds apart in a five-goal third period for the New York Rangers in a 7-3 win over the Washington Capitals on Tuesday.
Anthony Edwards scored 38 points to help the Minnesota Timberwolves beat former teammate Karl-Anthony Towns for the first time and hold off the New York Knicks 115-104.
Michael Porter Jr. scored 28 points, as the Brooklyn Nets beat the Philadelphia 76ers 114-106.
The Mets jettisoned another core player Monday, trading second baseman Jeff McNeil to the Athletics for minor league right-hander Yordan Rodriguez.
Federal funding cuts have left local organizations struggling to meet growing needs, prompting a borough-wide fundraising push to support food access, housing and other essential services.
What began as a middle school project has grown into hundreds of handwritten messages left across New York City, offering encouragement to strangers and revealing how a small gesture can resonate for weeks.
NYC says center-running bus lanes will speed up commutes and improve safety on one of Brooklyn's busiest corridors, but critics aren't so sure.
Nine Brooklyn Football Club partner bars are collecting shelf-stable food and winter coats to benefit 10 local schools.
The Davis Center in Harlem is now open for its first winter season after technical delays.
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.
CBS News New York's Craig Allen has your latest forecast.
Cooking Christmas meals was a challenge at more than 70 buildings owned by the New York City Housing Authority due to gas service outages. CBS New York's Adi Guajardo reports.
Marin Iwanowicz was fatally shot on Christmas Eve in Brownsville. CBS New York's Lisa Rozner reports.
CBS New York's Dave Carlin reports on Christmas in Harlem, where the National Action Network held its annual holiday meal and toy giveaway.
Local nonprofits say it's been exceptionally hard to continue operations in the face of federal funding cuts. CBS New York's Hannah Kliger reports from Brooklyn.
