Opinion: Auto And Bank Bailouts Prove Effective
On Monday, the Treasury Department sold 553,846,153 shares in AIG on Monday, turning an $18 billion profit on the $32.50 a share price.
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On Monday, the Treasury Department sold 553,846,153 shares in AIG on Monday, turning an $18 billion profit on the $32.50 a share price.
The media keeps suggesting that the racism regarding candidates has to do with whites not wanting to vote for a black man, even though Barack Obama won a presidential election with a great amount of white support in 2008. What the media isn't talking about is the NBC-Wall Street survey results which say that there are basically no black supporters for the Caucasian candidate, Mitt Romney, in 2012.
Mitt Romney seems to be drinking the same Kool-Aid as some of his nuttiest supporters. Mitt Romney is silent... and occasionally joins in as his endorsers make increasingly outrageous statements against the president.
The most ridiculously annoying aspect of the Democratic political run for offices in 2012 is the incredibly long line of leftist millionaires who continually spew extreme hate and venom on the wealthy. Beyond having to "share the wealth", now Democrats are saying it's "never get the wealth".
The early returns are in and, according to the Neilson rating company, the Democrats beat the Republicans... and the NFL.
Today, WCBS 880's Lynda Lopez spoke with factcheck.org's Lori Robertson, who is still in Charlotte going over last night's Democratic National Convention speeches by the President Barack Obama and Vice President Joe Biden.
The Republican and Democratic National Conventions of 2012 – yawn-per-yawn – have to be the most uninspiring political conventions in recent history.
President Barack Obama charges onto the campaign trail Friday after urging voters Thursday night to stay optimistic that America can pull itself out of an economic rut.
The president stood center stage at the Democratic National Convention and made his case for four more years in office.
Tonight, when Vice President Biden and President Obama address the country the question before them is an obvious one: are we better off than we were four years ago? The answer is equally obvious: YES!
It was a stunning development. The party had dropped the assertion that Jerusalem was the capital of the Jewish state, but on Wednesday evening the Democrats had a change of heart.
Bill Clinton is the first Democratic president to be re-elected since Franklin Roosevelt and Barack Obama is counting on some of that mojo to help him win a second, too.
Sitting in the Time Warner Cable Arena last night I was struck by how different the Democratic National Convention was from the Republican event last week. Unlike the Republicans in Tampa, Democrats focused on the fight to preserve the middle class and the American Dream.
Newark Mayor Cory Booker took the stage Tuesday night in Charlotte at the Democratic National Convention, despite the fact that he sprained his ankle in the morning.
When it comes to President Barack Obama, it seems Newark mayor Cory Booker can't catch a break.
In an odd turn of events, the Republicans in Tampa nominated real life versions of their cartoon versions of Kerry and Gore. Republicans thought John Kerry should be criticized for changing positions. But Kerry is not in the same league as Romney who ran as a pro-choice candidate and promised to do more for gay rights than Ted Kennedy.
It is strange that famous people think the world gives a hoot about their political views. Last week, a good number of famed and fortuned people spoke their anti-Republican and anti-Romney prejudiced-minds regarding the Republican National Convention.
Mitt Romney's economic plan basically says if you make $22.50 an hour with benefits, you make too much money; and if you make $22.5 million, then you pay too much in taxes.
Last night, Clint Eastwood produced the most bizarre and uncomfortable moments in modern convention history. If Mitt Romney cannot get his campaign right. If he cannot even get the things that he can control right, how can he make the case that he can run the country?
Mitt Romney formally accepted the Republican nomination for president Thursday night at the Republican National Convention in Tampa.
Both Mitt Romney and Rep. Paul Ryan made statements about President Barack Obama. But how much truth was in them?
As the media positively and glowingly report high-profile presidential fundraising events for President Barack Obama and the Democratic National Committee, they report on GOP presidential candidate Mitt Romney's and the Republican's big-dollar fundraising gatherings in and around Tampa, Florida during the Republican National Convention with total suspicion and even worse.
After accepting the GOP nomination for president, Mitt Romney turned to criticism of Obama, saying the time had "come for us to put the disappointments of the last four years behind us."
The speech marked his big opportunity to reintroduce himself to the American people, counteract the negative ads that have filled the air waves and convince people he can fix what ails this country.
"I'm just thanking him for the gift of freedom and democracy and the very process that has allowed us to exist as a democracy and a republic, to come together in freedom and civility to choose our leaders," Timothy Cardinal Dolan told WCBS 880's Rich Lamb.
One person was killed and at least 10 others were injured in a chain-reaction crash involving an FDNY truck and three other vehicles in Brooklyn on Tuesday night.
Mathew Barzal scored in overtime to cap the Islanders' rally from a three-goal deficit for a 4-3 win over the Blues on Tuesday night.
Jalen Duren scored 26 points, Cade Cunningham had 21 points and 15 assists, and the Pistons hammered the Nets 138-100 on Tuesday night.
Alexis Lafreniere got his second career hat trick and Jonathan Quick stopped 21 shots as the Rangers defeated the Flames 4-0 on Tuesday night.
New York City's minimum wage could climb to $30 per hour in the coming years. The proposal in the City Council stands to benefit of a lot of people, but there has also been significant pushback.
One person was killed and at least 10 others were injured in a chain-reaction crash involving an FDNY truck and three other vehicles in Brooklyn on Tuesday night.
New York City's minimum wage could climb to $30 per hour in the coming years. The proposal in the City Council stands to benefit of a lot of people, but there has also been significant pushback.
The Albany budget battle that could test whether New York City Mayor Zohran Mamdani has to raise property taxes began Tuesday with the state Senate and Assembly unveiling their initial wish lists.
A Brooklyn man is facing multiple charges for allegedly pushing two people onto subway tracks on the Upper East Side Sunday.
The Jets are set to acquire quarterback Geno Smith and a seventh-round draft pick from the Raiders.
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.
Snow and rain will make for messy morning and evening commutes for New Yorkers on Tuesday. It's a First Alert Weather Day.
The Tri-State Area's weekend is looking like a tale of two seasons with both snow and sunshine.
Another round of snow is impacting the Tri-State Area Wednesday, just after a major blizzard dumped more than 2 feet of snow in some parts of New York and New Jersey.
New Jersey Gov. Mikie Sherrill, on the job for a little over a month, called for major cuts during her first budget address Tuesday.
The Jets are set to acquire quarterback Geno Smith and a seventh-round draft pick from the Raiders.
Thunderstorms are expected in New York, New Jersey and Connecticut this weekend after severe weather hit the Midwest.
While the money promised by Gov. Mikie Sherrill will help Phillipsburg make sinkhole repairs, it won't be enough to get everyone back in their homes.
The suspect allegedly used Google Translate to threaten to shoot a cashier at Mi Rinconcito Ecuatoriano in Newark.
A Long Island mother accused of driving while impaired in a 2024 wrong-way crash that killed her son 9-year-old son on the Southern State Parkway has been found not competent to stand trial, the Suffolk County DA's office confirmed Tuesday.
A three-alarm fire was reported Tuesday morning at West Side Elementary School in Laurel Hollow on Long Island.
Data shows a massive increase in pump-and-dump schemes over the last year. Two traders from New York say it cost them tens of thousands of dollars.
Virtual reality is helping some veterans on Long Island travel the world again without leaving their nursing home.
Many of these Long Islanders believe their section of New York's shoreline is shrinking because of the brutal winter.
New York City's minimum wage could climb to $30 per hour in the coming years. The proposal in the City Council stands to benefit of a lot of people, but there has also been significant pushback.
New Jersey Gov. Mikie Sherrill, on the job for a little over a month, called for major cuts during her first budget address Tuesday.
The Albany budget battle that could test whether New York City Mayor Zohran Mamdani has to raise property taxes began Tuesday with the state Senate and Assembly unveiling their initial wish lists.
Carl Schurz Park near Gracie Mansion was evacuated Tuesday as police investigated a suspicious package. It comes after two teens were arrested for an attempted "an act of ISIS-inspired terrorism."
More than 1,000 new seats for New York City's 3-K program were announced Tuesday by Mayor Zohran Mamdani.
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.
HHS Secretary RFK Jr. wants the popular coffee chains to prove their surgery drinks are safe for teens and suggested the Trump administration could place limits on your cup of coffee.
Failed contract agreements between Mount Sinai and Anthem have caused thousands of New York patients to lose in-network care.
New York Attorney General Letitia James' office has ordered NYU Langone Health to resume its Transgender Youth Health Program.
A woman was arrested on Sunday for firing multiple shots at the Beverly Hills home of Rihanna, Los Angeles Police Department officials say.
Actress Daryl Hannah explains why the depiction of herself in the FX miniseries "Love Story" is unacceptable in an op-ed in Friday's New York Times.
Justin Timberlake is suing Sag Harbor to prevent the release of bodycam video of his 2024 arrest for driving while intoxicated on Long Island.
Brian Anthony Moreland is a Tony Award-nominated producer who has worked on numerous hit shows and joins a short list of Black producers working on Broadway.
Pokémon fans across New York City waited in live for special events marking the franchise's 30th anniversary.
Mathew Barzal scored in overtime to cap the Islanders' rally from a three-goal deficit for a 4-3 win over the Blues on Tuesday night.
Jalen Duren scored 26 points, Cade Cunningham had 21 points and 15 assists, and the Pistons hammered the Nets 138-100 on Tuesday night.
Alexis Lafreniere got his second career hat trick and Jonathan Quick stopped 21 shots as the Rangers defeated the Flames 4-0 on Tuesday night.
The Jets are set to acquire quarterback Geno Smith and a seventh-round draft pick from the Raiders.
Mika Zibanejad had two goals and an assist, and the New York Rangers scored on three power plays in a 6-2 win over the Philadelphia Flyers on Monday night.
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 National Dance Institute in Harlem hosts a special camp twice a year to bring together dancers with and without special needs for a dance camp, proving anyone can take center stage.
Could New York City's harsh winter weather end up curbing the number of rats? Here's why experts are saying don't count on it.
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 Lonnie Quinn says the severe weather is possible in and around New York City starting in the late afternoon. The high temperature for the day will approach 70.
With warm weather now in the region, the gate at Ramon Aponte Park on West 47th Street remains closed. CBS News New York's Naveen Dhaliwal spoke to frustrated parents.
CBS News New York's Dick Brennan has the latest on the war in the Middle East.
The crash happened in the Gravesend section at around 6:45 p.m. on Tuesday and involved four vehicles. CBS News New York's Allen Devlin has the latest on this developing story.
Three children were found unharmed inside the home on Fairwood Drive. CBS News New York's Jenna DeAngelis reports.
