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.
Wednesday is sentencing day for Rex Heuermann, long the suspect in Gilgo Beach serial killer case that has loomed over Long Island for more than three decades.
Sal Stewart hit a three-run homer and Spencer Steer added a solo shot during a four-run first inning as the Reds defeated the Mets 5-3 on Tuesday night.
Spencer Jones homered in the second inning, Ben Rice and Paul Goldschmidt each added a two-run drive in the fourth, and the Yankees rocked the White Sox 12-2 on Tuesday night.
Tuesday was an unusual Election Day in one Long Island village. The job of mayor in Bayville is up for grabs, but no one is officially running.
The best golfers in the world and their passionate fans are descending on Shinnecock Hills Golf Club on Long Island's East End for the 126th U.S. Open.
Wednesday is sentencing day for Rex Heuermann, long the suspect in Gilgo Beach serial killer case that has loomed over Long Island for more than three decades.
Tuesday was an unusual Election Day in one Long Island village. The job of mayor in Bayville is up for grabs, but no one is officially running.
The best golfers in the world and their passionate fans are descending on Shinnecock Hills Golf Club on Long Island's East End for the 126th U.S. Open.
A plane landed safely at John F. Kennedy International Airport in New York City on Tuesday after reporting one damaged tire.
There is good news for hard-pressed New York state residents -- 3 million will be receiving tax relief checks in the next few months.
Dangerous heat is building across the Tri-State Area with the threat of severe storms, making Thursday and Friday First Alert Weather Days.
Thursday and Friday will be First Alert Weather Days in the New York City area, with high temperatures and the chance for strong storms.
The Stamford Fire Department said high winds ripped the 3,000-square-foot flag off the pole atop the WWE building and sent it flying into electrical wires.
Storms hit the New York City area on Saturday, bringing damaging winds, hail and downpours across the region.
It's unseasonably warm in New York City on Wednesday as humidity adds to the summer-like weather. There's also a slight chance for showers in parts of the Tri-State Area.
Six women and girls had acid thrown on them in Jersey City Monday night, officials said. It happened around 7:30 p.m. on in front of a house on Wilkinson Avenue near Ocean Avenue.
The Tuesday evening rush coincided with the end of the match between Senegal and France at MetLife Stadium.
New Jersey officials are once again urging World Cup ticket holders to lean on public transportation to get to Tuesday's match between France and Senegal.
The FBI is investigating after a U.S. Immigration and Customs Enforcement agent was struck by a vehicle and then opened fire in New Jersey on Monday morning.
Vinícius Júnior scored an equalizing goal in the 32nd minute to give five-time champion Brazil a 1-1 draw against Morocco.
Wednesday is sentencing day for Rex Heuermann, long the suspect in Gilgo Beach serial killer case that has loomed over Long Island for more than three decades.
Tuesday was an unusual Election Day in one Long Island village. The job of mayor in Bayville is up for grabs, but no one is officially running.
The best golfers in the world and their passionate fans are descending on Shinnecock Hills Golf Club on Long Island's East End for the 126th U.S. Open.
There is good news for hard-pressed New York state residents -- 3 million will be receiving tax relief checks in the next few months.
Controversy is swirling in one Long Island village after Pride flags were taken down just as celebrations were ramping up. The move followed complaints about them hanging above banners honoring local military heroes.
Tuesday was an unusual Election Day in one Long Island village. The job of mayor in Bayville is up for grabs, but no one is officially running.
There is good news for hard-pressed New York state residents -- 3 million will be receiving tax relief checks in the next few months.
Gov. Kathy Hochul says millions of New York homeowners are set to receive $2 billion in property tax relief.
The FBI said it disrupted an attempt to attack Sunday's UFC America 250 event at the White House, with court records detailing an alleged plot to use small drones carrying explosives.
The U.S. and Iran are expected to meet for a signing ceremony on Friday, June 19, in Switzerland, Pakistan's prime minister said.
New York broadcast giant Bill Ritter announced Friday he is stepping down from the WABC anchor desk after being diagnosed with early stage Alzheimer's.
For half a century, The Valerie Fund has been dedicated to providing care to children with cancer and blood disorders.
A New Jersey nonprofit called The Valerie Fund is celebrating 50 years of providing comprehensive care to children with cancer and blood disorders.
New Jersey Gov. Mikie Sherrill is urging people to donate blood ahead of the summer months.
There's no vaccine for the Bourbon virus, nor medicine to treat it, according to the U.S. Centers for Disease Control and Prevention.
New York broadcast giant Bill Ritter announced Friday he is stepping down from the WABC anchor desk after being diagnosed with early stage Alzheimer's.
Taylor Swift attended Game 4 of the NBA Finals between the Knicks and Spurs at Madison Square Garden on Wednesday.
"Schmigadoon!" — which was tied for the most nominations, with 12 — won Best Musical, and "Liberation" took home the honor of Best Play at the 2026 Tony Awards.
The Broadway revival of the musical (nominated for 11 Tony Awards) depicts drama, joy and heartbreak in the pursuit of the American Dream at the turn of the 20th century, with parallels to the contemporary world, from issues of race to the immigrant experience.
Madonna performed a surprise concert in Times Square weeks before the release of her "Confessions II" album.
Sal Stewart hit a three-run homer and Spencer Steer added a solo shot during a four-run first inning as the Reds defeated the Mets 5-3 on Tuesday night.
Spencer Jones homered in the second inning, Ben Rice and Paul Goldschmidt each added a two-run drive in the fourth, and the Yankees rocked the White Sox 12-2 on Tuesday night.
The best golfers in the world and their passionate fans are descending on Shinnecock Hills Golf Club on Long Island's East End for the 126th U.S. Open.
The New York Knicks will be honored with a ticker-tape parade Thursday. Here's the parade route, start time, and more.
New Jersey officials are once again urging World Cup ticket holders to lean on public transportation to get to Tuesday's match between France and Senegal.
A vending machine in Coney Island is offering something unusual alongside the neighborhood's classic attractions: original artwork from local artists.
A years-long battle is intensifying over the future of an old rail line in Queens that was abandoned after a fire over 50 years ago.
Harlem's historic Cotton Club recently announced it was up for sale. The news comes as jazz clubs across the borough disappear.
Jasir Gipson was shot by a stray bullet at 5 years old while walking with his mother. More than a decade later, he's graduating from high school with nothing but a smile.
Garbage piling up near freight train tracks is frustrating many Maspeth residents.
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 the latest forecast for Thursday's Knicks championship parade in Lower Manhattan.
NJ Transit continues to receive praise for moving thousands of people between New York City and East Rutherford, New Jersey, without incident. CBS News New York's Adi Guajardo reports.
Heuermann, 62, pleaded guilty back in April to murdering eight women dating to 1993. CBS News New York's Lisa Rozner reports.
CBS News New York's Vanessa Murdock has a look ahead at the conditions for the Knicks championship parade on Thursday morning.
A party was held at Stew Leonard's on Tuesday to honor the Yonkers Montessori Academy girls basketball team, which back in March became the first Yonkers team to win a state title since 1932. CBS News New York's Tony Aiello reports.