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 woman's remains were found Sunday in the basement of a building on Bushwick Avenue in Brooklyn, according to police.
New York City Mayor Zohran Mamdani said a total of 14 people have died outside during the dangerously cold weather. New single-room shelters are now open for people experiencing homelessness.
Five-year-old Liam Conejo Ramos and his father were released from ICE custody on Sunday, a day after a federal court ordered their release.
New York Giants co-owner Steve Tisch said he had a brief association with Jeffrey Epstein but denied taking him up on any of his invitations and said he never went to Epstein's island.
Music's biggest night returns Sunday with the 68th annual Grammy Awards. Here is how to watch and stream and what to know.
A woman's remains were found Sunday in the basement of a building on Bushwick Avenue in Brooklyn, according to police.
New York City Mayor Zohran Mamdani said a total of 14 people have died outside during the dangerously cold weather. New single-room shelters are now open for people experiencing homelessness.
New York Giants co-owner Steve Tisch said he had a brief association with Jeffrey Epstein but denied taking him up on any of his invitations and said he never went to Epstein's island.
The extreme cold temperatures have been causing water main breaks across New York and New Jersey.
New York City Mayor Zohran Mamdani on Saturday announced a new crop of commissioners who will be at the helm of some of the city's most vital departments.
Bundle up — New York City and the Tri-State Area's stretch of dangerously cold weather continues, and it's sticking around longer than anyone would like.
New York, New Jersey and Connecticut were pivotal during America's birth. This year, as the nation celebrates its 250th birthday, CBS News New York is highlighting the hidden history in our own back yard.
Forecasters are watching for a chance of snow this weekend in New York and New Jersey as harsh winter weather conditions continue.
The First Alert Weather Team is tracking a storm that could bring snow to the New York and New Jersey area. Frigid temperatures will last throughout the week.
Although the snowstorm has passed, the cold weather will linger with temperatures below freezing each day.
New York Giants co-owner Steve Tisch said he had a brief association with Jeffrey Epstein but denied taking him up on any of his invitations and said he never went to Epstein's island.
The extreme cold temperatures have been causing water main breaks across New York and New Jersey.
Bundle up — New York City and the Tri-State Area's stretch of dangerously cold weather continues, and it's sticking around longer than anyone would like.
We're learning more about Dan Sohail, the man charged with repeatedly ramming his car into Chabad Headquarters in Brooklyn on Jan. 28.
New York, New Jersey and Connecticut were pivotal during America's birth. This year, as the nation celebrates its 250th birthday, CBS News New York is highlighting the hidden history in our own back yard.
An off-duty Nassau County police officer was killed in a car crash with an alleged drunk driver Saturday morning, police say.
The suspect accused of killing his ex-girlfriend on Long Island in November 2025 has been deemed not competent to stand trial.
Fire departments across New York are warning about a "historic collapse" in volunteer firefighter staffing, which they say is causing a public safety crisis.
New York's governor is taking aim at ICE with a bill that would outlaw state and local police cooperation with the agency on civil enforcement.
Temporary protected status for more than 350,000 Haitian nationals is set to expire next week because the Trump administration says Haiti is safe to return to.
Five-year-old Liam Conejo Ramos and his father were released from ICE custody on Sunday, a day after a federal court ordered their release.
New York City Mayor Zohran Mamdani on Saturday announced a new crop of commissioners who will be at the helm of some of the city's most vital departments.
Funding for many federal agencies expired on Saturday after Congress failed to pass half a dozen spending bills before the deadline, prompting a partial government shutdown.
Fire departments across New York are warning about a "historic collapse" in volunteer firefighter staffing, which they say is causing a public safety crisis.
Frustration boiled over for Borough President Vito Fossella when he learned Staten Island-based DSNY workers were reassigned to help with snow cleanup elsewhere.
In New Jersey, nearly half a million people lost enhanced Affordable Care Act tax credits this year, but the impact goes far beyond those who got the credits.
Starting July 1, as many as 450,000 New Yorkers will lose EP coverage and be forced into marketplace health care plans.
Striking New York City nurses returned to the bargaining table Thursday, the New York State Nurses Association said.
Mayor Zohran Mamdani and Vermont Sen. Bernie Sanders joined striking New York City nurses on the picket line Tuesday.
New York City's largest nurses strike is now in Week 2 and it appears negotiations toward a deal remain at a standstill.
Music's biggest night returns Sunday with the 68th annual Grammy Awards. Here is how to watch and stream and what to know.
In 1971, Demond Wilson appeared on an episode of "All in the Family," a role that led him to land a lead part in "Sanford and Son."
Catherine O'Hara was best known for her comic performances in projects including "Home Alone," "Beetlejuice," and "Schitt's Creek."
New York, New Jersey and Connecticut were pivotal during America's birth. This year, as the nation celebrates its 250th birthday, CBS News New York is highlighting the hidden history in our own back yard.
In a full-page ad in the Wall Street Journal, Ye, the artist formerly known as Kanye West, revealed that the right frontal lobe of his brain was injured in a car accident 25 years ago.
New York Giants co-owner Steve Tisch said he had a brief association with Jeffrey Epstein but denied taking him up on any of his invitations and said he never went to Epstein's island.
The Senators beat the Devils 4-1 on Saturday night.
Roman Josi scored with 1:14 remaining in the game to lift the Predators past the Islanders 4-3 on Saturday night.
The Pittsburgh Penguins extended their winning streak to six with a 6-5 win over the New York Rangers.
The Nets snapped a seven-game losing streak with a 109-99 victory over the Jazz on Friday night.
Jamaica Colosseum Mall is set to close for good on Jan. 31.
A volunteer effort launched during the winter storm paired younger residents with elderly homeowners, offering snow removal assistance while creating new community ties across generations.
A home-visit initiative in Brooklyn connects aging Holocaust survivors with social workers as war abroad and antisemitism at home reopen old wounds.
A critical seasonal blood shortage is prompting renewed calls for New Yorkers to donate.
Puppet shows, peaceful protests and acts of service helped families reflect on Dr. Martin Luther King Jr.'s legacy through a child's perspective.
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.
New Yorkers talk about the last time they applied for jobs. Some say they would rather apply and interview online, and they're weighing in.
Manhattan Borough President Brad Hoylman-Sigal talks about homelessness in the city, the probability of raising taxes, hate crimes and transportation. Watch the full interview on "The Point with Marcia Kramer."
Congresswoman Nydia Velázquez talks about the latest with ICE, funding for the Gateway Project and her decision not to run for reelection. Watch the full interview on "The Point with Marcia Kramer."
Hear Rep. Nydia Velázquez and Manhattan Borough President Brad Hoylman-Sigal talk about immigration, affordability and Greenland with Marcia Kramer on "The Point."
The wind chills are making temperatures feel like below 0 in the New York area. CBS News New York Meteorologist John Elliott has the Sunday forecast.