Preview ahead of Federal Reserve interest rate decision
CBS News Business Analyst Jill Schlesinger talks with CBS News New York's Cindy Hsu about the potential impact of the Federal Reserve's interest rate decision
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CBS News Business Analyst Jill Schlesinger talks with CBS News New York's Cindy Hsu about the potential impact of the Federal Reserve's interest rate decision
CBS News New York's Bradley Blackburn has more on what to expect from the Fed for the rest of the year.
The Federal Reserve is cutting its benchmark interest rate as the U.S. economy faces headwinds, including a faltering labor market.
With the U.S. economy facing headwinds, the Federal Reserve faces pressure to trim interest rates this week for the first time since December 2024.
Federal Reserve Chair Jerome Powell has been under pressure from President Trump to lower the central bank's benchmark interest rate.
The Fed is maintaining its benchmark interest rate in the range of 4.25% to 4.5%, where it's been parked since December.
President Trump visited the Federal Reserve's headquarters in Washington, keeping up the intense pressure he's been putting on Fed chair Jerome Powell.
Smart shopping expert Trae Bodge shares tactics to keep your finances on track even if saving money feels like an uphill battle.
CBS News Business Analyst Jill Schlesinger joins CBS New York to discuss what to expect from the Fed meeting.
Thomas Hayes, Chairman and Managing Member at Great Hill Capital joins CBS New York to preview the fed meeting.
The Federal Reserve on Wednesday moved to lower its benchmark rate by 0.25 percentage points, but said it plans fewer cuts in 2025.
Ted Rossman, Bankrate Senior Industry Analyst joins CBS New York to preview what we can expect from this week's Federal Reserve meeting.
Vivian Tu, money influencer, CEO and founder of Your Rich BFF Media joins CBS New York to break down what Millennials and Gen Zers need to know about the Fed's rate cut.
The Federal Reserve said it is cutting rates by 0.25 percentage points, its second rate cut of the year.
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.
The Fed announced Wednesday that it reduced rates by half a percentage point, which is more than expected. It's the first cut in more than four years, and it's welcome news for millions of Americans, especially home buyers. CBS News New York's Christine Sloan explains.
Thomas Hayes, chairman and managing member at Great Hill Capital, joins CBS New York to discuss the Fed meeting.
The federal reserve announced on Wednesday that interest rates will go unchanged this month but financial analysts signal a cut is on the horizon. Bankrate chief financial analyst, Greg McBride, joins CBS News New York to break down the decision.
The federal reserve announced on Wednesday that interest rates will go unchanged this month but financial analysts signal a cut is on the horizon. Bankrate chief financial analyst, Greg McBride, joins CBS News New York to break down the decision.
After years of soaring housing costs, renters are getting some relief as the Federal Reserve looks to extinguish inflation.
The Fed decided not to change rates this week, but announced three cuts that are expected later this year. CBS News Business Analyst Jill Schlesinger is here to help explain.
Fed Chair Jerome Powell announced Wednesday the federal funds rate will stay in the 5.25% to 5.5% range. What does that mean for the economy and borrowers?
A decision on interest rates could be announced today as the Fed wraps up its first meeting of the new year.
Rent across the U.S. is dipping as vacancies rise and property managers struggle to fill homes, new data shows.
A Harlem school is teaching students how to love, honor and care for their natural hair.
Families were forced to jump from windows Sunday as flames burned through a three-story home in Canarsie, Brooklyn.
Periods of heavy rain, along with strong winds, and even severe thunderstorms are expected across the New York area on Monday.
The Knicks rallied from a 21-point deficit against a patchwork Golden State lineup to beat the Warriors 110-107 on Sunday night.
"One Battle After Another" took home several big awards, including Best Picture, Best Director and the newly created Best Casting.
A Harlem school is teaching students how to love, honor and care for their natural hair.
Families were forced to jump from windows Sunday as flames burned through a three-story home in Canarsie, Brooklyn.
Periods of heavy rain, along with strong winds, and even severe thunderstorms are expected across the New York area on Monday.
St. John's, Hofstra and LIU are playing in the 2026 NCAA men's basketball tournament as March Madness gets in full swing.
A taxi driver struck two pedestrians before crashing into a building on the Lower East Side on Saturday.
Periods of heavy rain, along with strong winds, and even severe thunderstorms are expected across the New York area on Monday.
The New York area is in for a mild weekend before the weather takes a turn to start the work week.
It will be rainy on Thursday morning, and the weather will change to snow as temperatures drop across the Tri-State Area.
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.
Periods of heavy rain, along with strong winds, and even severe thunderstorms are expected across the New York area on Monday.
Four people, including two teens and two construction workers, were hurt in a house explosion in Newark, New Jersey, on Saturday.
Heights University Hospital, formerly known as Christ Hospital, shuttered its emergency room Saturday night.
The New York area is in for a mild weekend before the weather takes a turn to start the work week.
At least 10 dead geese were recently found at Verona Park in Essex County, New Jersey.
St. John's, Hofstra and LIU are playing in the 2026 NCAA men's basketball tournament as March Madness gets in full swing.
Prosecutors said Matthew Smith fended off efforts to hand over his car keys before the crash that killed Nassau County police officer Patricia Espinosa.
A Manorville breeder was charged with animal neglect after dogs and puppies were allegedly left alone in poor conditions as a blizzard struck New York.
A father and son died in an overnight fire on Long Island. Kenneth Roberts, 42, and his son Mekhi, 12, were trapped in intense smoke inside a basement apartment.
Jones Beach will host a series of special events commemorating America's 250th birthday this summer.
With oil markets paralyzed by the U.S.-Iran war, the Trump administration says it could escort ships through the Strait of Hormuz — a massive undertaking that experts say could already be in the preparatory stages.
New York City Mayor Zohran Mamdani signed an executive order Friday establishing the first-ever Mayor's Office of LGBTQIA+ Affairs.
NYC Mayor Zohran Mamdani denounced Republican Sen. Tommy Tuberville's anti-Muslim social media post during a Ramadan event.
The war, which shows no signs of ending soon, has disrupted oil exports from the region, driven fuel prices higher worldwide and upended global air travel.
A New Jersey toddler's death after falling more than 20 stories has prompted new legislation designed to ensure windows are properly guarded in apartment buildings across the state.
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 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.
"One Battle After Another" took home several big awards, including Best Picture, Best Director and the newly created Best Casting.
Hollywood's biggest stars were honored at the 98th annual Academy Awards on Sunday. Here is what to know and how to watch the 2026 Oscars.
Legendary New York City television news anchor Ernie Anastos has died. His wife says he died early Thursday morning of pneumonia.
Ballerina Misty Copeland responded to controversial comments made by actor Timothée Chalamet when he appeared to dismiss the significance of ballet and opera, saying, "No one cares."
A woman was arrested on Sunday for firing multiple shots at the Beverly Hills home of Rihanna, Los Angeles Police Department officials say.
The Knicks rallied from a 21-point deficit against a patchwork Golden State lineup to beat the Warriors 110-107 on Sunday night.
St. John's, Hofstra and LIU are playing in the 2026 NCAA men's basketball tournament as March Madness gets in full swing.
Nicolas Fernández scored twice in the first half and Talles Magno scored late in the second to propel New York City FC to a 3-1 victory over the Colorado Rapids at Yankee Stadium on Saturday night.
The New Jersey Devils edged the Los Angeles Kings 6-4 on Saturday night.
The New York Islanders raced to an early lead and held on to beat the Calgary Flames 3-2 on Saturday.
A Harlem school is teaching students how to love, honor and care for their natural hair.
The NYC DEP has announced plans to clean Flushing Creek with chlorine, sparking outrage among some environmentalists.
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 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 Vanessa Murdock has your weather forecast for March 15 at 11 p.m.
Discrimination against natural hair and hairstyle became illegal in New York in 2019 with the passage of the CROWN Act, and now, a local school is teaching students how to love, honor and care for their natural hair. CBS News New York's Noëlle Lilley introduces us to the natural hair club at Harlem's Patrick Henry Prep.
A massive snowstorm is blasting the Midwest and Great Lakes with blizzard conditions and what could be record snow. Ian Lee reports from Green Bay, Wisconsin.
The March Madness bracket has been revealed for the 2026 NCAA men's basketball tournament, which features three teams from the New York City area.
It was a historic night for the 98th Annual Academy Awards, held at the Dolby Theatre in Los Angeles. CBS News New York's Jenna DeAngelis reports.
