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.
Two tornadoes touched down in Parsippany and Stanhope Tuesday afternoon during severe storms.
A man pretending to be a utility worker was arrested for brandishing a gun, grabbing a woman's neck and taking her purse, the NYPD said.
Sgt. Angel Rampersad was a 28-year-old from Ozone Park who died in an Iranian attack on an air base.
Nicolás Maduro will return to a New York courtroom as his lawyers continue their objections to the U.S. military action that snatched Venezuela's president from power.
New York City Mayor Zohran Mamdani conceded late Tuesday that the city does not have the authority to arrest Israeli Prime Minister Benjamin Netanyahu.
A man pretending to be a utility worker was arrested for brandishing a gun, grabbing a woman's neck and taking her purse, the NYPD said.
Sgt. Angel Rampersad was a 28-year-old from Ozone Park who died in an Iranian attack on an air base.
Nicolás Maduro will return to a New York courtroom as his lawyers continue their objections to the U.S. military action that snatched Venezuela's president from power.
Andrew Arrabaca, the U.S. Army veteran arrested after allegedly shooting off a pellet gun and setting a fire outside 26 Federal Plaza, was in court Tuesday afternoon.
Tuesday's storms flooded roads and brought down trees across New York City and its suburbs.
Severe weather impacted the entire region on Tuesday, with watches and warnings throughout the CBS News New York viewing area.
Stormy weather will return to the New York City area Tuesday after a brief reprieve.
Storms brought flooding rains, damaging winds, hail and lightning to New York and New Jersey on Saturday.
While the air quality is improving, haze still lingers as New Yorkers brace for upcoming rain and possibly severe storms Saturday.
A tornado warning was issued in parts of New Jersey on Thursday evening.
Two tornadoes touched down in Parsippany and Stanhope Tuesday afternoon during severe storms.
There were two confirmed tornadoes in northern New Jersey on Tuesday.
Severe weather impacted the entire region on Tuesday, with watches and warnings throughout the CBS News New York viewing area.
There have been major developments in the case of a social media influencer who was gunned down last summer on the Cross County Parkway in Westchester.
Two young children were killed during the crash in Barnegat Bay between Berkeley Township and Seaside Heights on Sunday night.
An electrical transformer caught fire outside the Nassau County Court Building on Long Island on Tuesday.
There was a special celebration at Long Island Children's Hospital on Tuesday for two facility dogs who bring comfort to young patients. CBS News New York's John Dias reports.
Studies show older adults are among the safest drivers on the road, but crashes involving seniors are on the rise.
Severe weather impacted the entire region on Tuesday, with watches and warnings throughout the CBS News New York viewing area.
Matthew Smith, 21, pleaded guilty to driving drunk and crashing his pickup truck into Patricia Espinosa's car, killing her.
New York City Mayor Zohran Mamdani conceded late Tuesday that the city does not have the authority to arrest Israeli Prime Minister Benjamin Netanyahu.
Despite promises of action from Mayor Zohran Mamdani, the blocks-long homeless encampments on the West Side of Manhattan continue to stir controversy.
An attorney representing an Upper East Side woman whose husband just died from Legionnaires' disease is planning to take legal action.
New Jersey Gov. Mikie Sherrill said a preliminary analysis showed that fewer than 400 of the people registered that way went on to cast ballots.
New York City Mayor Zohran Mamdani is doubling down on his promise to arrest Israeli Prime Minister Benjamin Netanyahu when he arrives for the United Nations General Assembly in a few weeks.
Thirty-four cooling towers at 33 buildings on the Upper East Side tested positive for live Legionella bacteria, the New York City Health Department announced Tuesday.
An attorney representing an Upper East Side woman whose husband just died from Legionnaires' disease is planning to take legal action.
Studies show older adults are among the safest drivers on the road, but crashes involving seniors are on the rise.
For the third day in a row, the NYC Health Department has announced a death in the Upper East Side Legionnaires' disease cluster.
A second death has been reported in connection to the Legionnaires' disease cluster on the Upper East Side, health officials said Saturday.
Madonna, Justin Bieber, BTS and Shakira each brought a bit of one of their hits to the World Cup's first halftime show in a whirlwind performance Sunday that also squeezed in Burna Boy, Ted Lasso and many Muppets.
Brenda Fricker won an Academy Award for 1989's "My Left Foot," played the Pigeon Lady in "Home Alone 2" and appeared in "A Time to Kill" and "So I Married an Axe Murderer."
New Zealand actor Sam Neill, known for "Jurassic Park" and "The Piano," died Monday at 78, his family says.
The final show of Jay-Z's anniversary concert series at Yankee Stadium was delayed for hours after hundreds of ticketless fans flooded the gates and breached security, according to officials.
Jay-Z and some very special guests took over Yankee Stadium on Friday night, performing to a sold-out crowd.
The New York Mets blanked the Milwaukee Brewers 4-0 on Tuesday night.
Jazz Chisholm Jr. homered in consecutive at-bats against All-Star Braxton Ashcraft and drove in five runs, powering the Yankees to an 8-5 victory over the Pirates on Monday night.
Cooper Pratt hit his first major league homer to help spoil Freddy Peralta's return to Milwaukee as the Brewers defeated the Mets 8-3 on Monday night.
Five Yankees pitchers combined on a four-hitter as New York edged the Dodgers 2-1 to split their day-night doubleheader Sunday.
The New York Mets won a series in Philadelphia for the first time in nearly four years, beating the Phillies 6-1 on Sunday.
A specialized program from God's Love We Deliver is serving nearly 400 veterans with medically tailored meals, while helping combat isolation and ease the challenges of life after military service.
The Newtown Creek Alliance community science project gives students hands-on experience monitoring the health of one of the most polluted waterways in the U.S.
The FIFA World Cup is delivering a business boost for many bars and restaurants across New York City, but not every industry is seeing the same payoff.
Two Upper West Side children went on a mission to visit 40 playgrounds in one day, hoping to set a record.
Eddie Palmieri, the East Harlem legend who revolutionized Latin music, now has a street renamed in his honor.
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.
The U.S. Military identified Sgt. Angel Rampersad from Ozone Park, Queens as one of the soldiers who died during a missile attack in Jordan.
A construction worker was hurt after hitting a gas line at a building in Tuxedo Park.
Downed trees and flooding is affecting Queens residents while some neighborhoods in New Jersey saw tornadoes. CBS News New York's Aziza Shuler and Christina Fan report.
The city's only casino-hotel will break ground on phase two of the expansion as officials show off new renderings of the project.
Thirty-four cooling towers at 33 buildings on the Upper East Side tested positive for live Legionella bacteria, which comes as the fifth confirmed death was reported. CBS News New York's Elijah Westbrook reports.
