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.
Nicolás Fernández scored his 14th goal this season for New York City FC on Saturday night in a 1-1 tie with Toronto FC.
The Philadelphia Union beat the New York Red Bulls 3-1 on Saturday night to extend their unbeaten streak to seven.
New York City's weather was absolutely stunning Saturday, but changes are on the way.
Juan Soto had the go-ahead RBI single a pitch after fouling a ball off his right leg Saturday, leading the Mets to a 6-2 victory over the Astros.
A suspect wanted in connection to two deadly shootings in New York City was arrested Saturday morning, police said.
New York City's weather was absolutely stunning Saturday, but changes are on the way.
A suspect wanted in connection to two deadly shootings in New York City was arrested Saturday morning, police said.
A rally was held in New York City's Foley Square on Friday evening as supporters of Haitian immigrants called for action.
Two more people who were sickened in the Upper East Side Legionnaires' disease cluster have died, health officials announced Friday.
Officials say a record 580 pounds of cocaine was seized in New York City, with a street value of at least $10 million.
New York City's weather was absolutely stunning Saturday, but changes are on the way.
ICE is defending operations they are conducting this week in Danbury, Connecticut, as some residents say they feel uneasy at what they are seeing on the streets.
Severe weather warnings have started popping up as strong storms make their way through New York City and most of the Tri-State Area.
A nice stretch of weather kicks off the week in the New York City area before a heightened chance of rain returns.
Along with the increasingly humid conditions comes another chance of showers and storms overnight Saturday into Sunday.
New York City's weather was absolutely stunning Saturday, but changes are on the way.
A fire at a vacant house in Newark, New Jersey, spread to neighboring homes Saturday morning, displacing several families.
New Jersey Gov. Mikie Sherrill signed a law Friday making cocktails to-go permanent.
Elizabeth, New Jersey is cleaning up after Thursday's intense storms brought flash flooding. Emergency responders performed more than 100 rescues, most of them after people attempted to drive through water.
As students get ready to go back to school, one New Jersey school district is taking a first-in-the-state approach to limit screen time.
The beach club hit by a tornado on Long Island last week has partially reopened.
Long Island's Sun and Surf Club will partially reopen this weekend and Labor Day weekend, owners say. The club suffered significant damage when a tornado hit last week.
Five men were spotted going into a manhole early Thursday morning on Long Island, according to Nassau County police. CBS News New York's Jennifer McLogan reports.
A Long Island resident says he feels in danger after last week's rain caused a mudslide behind his condominium complex.
Recent rains have taken a dramatic toll on one condominium complex on Long Island. One of the unit owners says he feels in danger, living on the edge of a steep drop-off.
Milo Yiannopoulos, who is British, was accused of overstaying his visa after entering the country legally in May 2019.
The ruling marks a blow to the federal government's long-delayed effort to prosecute Khalid Sheikh Mohammed, who is accused of developing the plot to crash planes into the Pentagon and World Trade Center.
President Trump announced a deal to grant the U.S. control of more than 60 billion barrels of proven Venezuelan oil reserves.
A federal judge has again blocked President Trump's bid to erase his hush money conviction in New York.
The White House said President Trump will "pay tribute to the brave first responders who put their lives on the line."
Two more people who were sickened in the Upper East Side Legionnaires' disease cluster have died, health officials announced Friday.
A new electronic device that's the size of a grain of rice is making a big difference for heart patients.
Pennsylvania has recorded its first two deaths connected to measles in 35 years.
This year, ER visits for tick bites have increased dramatically, corresponding with a new threat: a rise in Alpha-gal syndrome (AGS), where one bite from a lone star tick can make you violently allergic to red meat. How can you best avoid tick bites?
A New Yorker has tested positive for West Nile virus, the city health department announced Wednesday.
Tim Curry was known for his iconic performances in cult classics like "The Rocky Horror Picture Show" and the original screen adaptation of Stephen King's "It."
President Trump said that he would be "lowering the American flag" throughout the nation for one week in Dolly Parton's honor.
NYC's Empire State Building paid tribute to music legend Dolly Parton Tuesday night. Parton, 80, died Tuesday in Nashville, her family announced.
Dolly Parton became an icon over her six-decade career as a Grammy-winning singer-songwriter, movie and TV star and theme park owner who donated millions to help others.
The AMC Kips Bay 15 on Second Avenue has been open since 1999 but will shut down at the end of 2026, according to a spokesperson.
Nicolás Fernández scored his 14th goal this season for New York City FC on Saturday night in a 1-1 tie with Toronto FC.
The Philadelphia Union beat the New York Red Bulls 3-1 on Saturday night to extend their unbeaten streak to seven.
Juan Soto had the go-ahead RBI single a pitch after fouling a ball off his right leg Saturday, leading the Mets to a 6-2 victory over the Astros.
Red Sox rookie Jake Bennett stymied the Yankees again, allowing three hits in six innings, as Boston took the first game of a doubleheader Saturday in New York.
Chip Trayanum was taken to a hospital with a neck injury after earlier running for a touchdown in the Jets' 23-6 preseason loss to the Giants on Friday night.
With tickets to the U.S. Open skyrocketing, tennis advocates in the Harlem community are working to make the sport more accessible for New Yorkers.
The DSNY reported an increase in needle stick injuries for New York City sanitation workers.
A Queens homeowner says that overgrown city trees on her block are creating a safety hazard at night.
Neighbors say Flushing Meadows Corona Park has been falling into disrepair for years.
The owner of a beloved Harlem food truck known for its burgers under $5 is retiring and selling the business.
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 Vanessa Murdock has your weather forecast for August 29 at 7 p.m.
Fans were at the USTA Billie Jean King National Tennis Center in Queens on for the last day of U.S. Open Fan Week.
In Brooklyn, Spike Lee organized a massive celebration in honor of what would have been Michael Jackson's 68th birthday. The filmmaker's "BK Loves MJ Block Party" took over Fort Greene Park on Saturday.
Flames lit up the sky in Newark, New Jersey, early Saturday morning, and now a dozen people need a new place to stay. CBS News New York's Kristie Keleshian reports.
The beach club hit by a tornado on Long Island last week has partially reopened.
