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.
Watch CBS News
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.
Police body camera video shows the moments a woman and two police officers remove a python that was wedged in the grill of her vehicle in Franklin Township on Monday.
Questions are mounting about the death of a man whose body was found in the chimney of a New York City public school.
One teenage girl was killed and a second was injured after they were struck by a large truck in the East Village on Friday night, police say.
The Mets kept the Phillies from gaining ground in the National League wild-card race with a 6-3 victory Friday night.
Julian Hall scored early in the second half for the New York Red Bulls in a 1-0 victory over New York City FC on Friday night.
Questions are mounting about the death of a man whose body was found in the chimney of a New York City public school.
One teenage girl was killed and a second was injured after they were struck by a large truck in the East Village on Friday night, police say.
NYU Langone has reached an agreement with the Justice Department to end gender-affirming care for minors.
The ground beneath a Long Island woman opened up, swallowing her into the earth below.
Neighbors have been waiting since 2021 for the bridge over the Belt Parkway to be rebuilt and reconnect Bath Beach with the waterfront.
The Beardsley Zoo in Bridgeport announced it welcomed its first-ever red panda cub, marking an important achievement for the endangered species.
New York City and the surrounding area are in for a weather pattern change over the course of the weekend.
Fire departments were hard at work in Paterson, New Jersey, and Fairfield County, Connecticut, due to flash flooding on Sunday morning.
Rainy weather makes a return to the New York City area this weekend.
After a week filled with periods of storminess and high humidity, a calmer and drier weather pattern is settling in for the holiday weekend.
Police body camera video shows the moments a woman and two police officers remove a python that was wedged in the grill of her vehicle in Franklin Township on Monday.
New York City and the surrounding area are in for a weather pattern change over the course of the weekend.
The shooting happened around 7:20 a.m. Friday at the convenience store at the corner of Route 37 and Garfield Avenue, prosecutors said.
Some people in Keyport, New Jersey, claim the site of a former aircraft manufacturing plant is to blame for a growing number of cancer diagnoses, but the state says otherwise.
A truck carrying a boom crane tipped over in River Vale, New Jersey, on Thursday, causing the crane to land on two houses, slicing one in half.
The ground beneath a Long Island woman opened up, swallowing her into the earth below.
The ground beneath a Long Island woman opened up, swallowing her into the earth below. CBS News New York's Jennifer McLogan reports.
Racing returned to Belmont Park Friday afternoon, more than three years after the iconic Long Island track was shut down for renovations. The redevelopment cost $450 million. CBS News New York's Carolyn Gusoff reports.
Racing returns to Belmont Park on Friday, more than three years after the iconic Long Island track was shut down for renovations.
Racing returns to Belmont Park more than three years after the track was shut down for renovations. CBS News New York's John Dias reports.
President Trump said Friday that he is banning CNN, MS NOW and Politico from the White House, the latest move to target media outlets over their reporting.
Hundreds of Jewish students gathered Friday outside New York City Mayor Zohran Mamdani's residence on the Upper East Side to protest antisemitism.
A new rule allowing authorities to deny green cards to immigrants on the basis of being a public charge goes into effect Friday.
A carriage driver whose horse died in Central Park this summer is now suing the city, saying the horse was poisoned by a plant.
The plan to redesign a stretch of Park Avenue has changed a bit based on community feedback.
NYU Langone has reached an agreement with the Justice Department to end gender-affirming care for minors.
A second person has died in the Legionnaires' disease cluster in the South Bronx.
Some people in Keyport, New Jersey, claim the site of a former aircraft manufacturing plant is to blame for a growing number of cancer diagnoses, but the state says otherwise.
Affordable Care Act recipients in 30 states are set to receive the $500 checks starting in October. Here's why.
One person has died and a total of five people have been sickened by Legionnaires' disease in the Bronx.
Duncan Sheik died on Thursday night, his family said.
A truck driver who spent two decades building a massive scale model of his native New York City was delighted when it went viral on TikTok.
The Feast of San Gennaro is filling New York City's Little Italy with faith, music, games and many treats starting Thursday.
The iconic Peanuts character Snoopy is getting a new look for the 100th Macy's Thanksgiving Day Parade in New York City.
Aaron Rowe, Beoga, Lukas Graham and Finneas all released statements Tuesday on Instagram saying they were withdrawing from Ed Sheeran's tour.
The Mets kept the Phillies from gaining ground in the National League wild-card race with a 6-3 victory Friday night.
Julian Hall scored early in the second half for the New York Red Bulls in a 1-0 victory over New York City FC on Friday night.
New York Yankees manager Aaron Boone isn't sure whether Aaron Judge will be able to return for the postseason.
New York Mets first baseman Jared Young will miss the rest of the season because of a concussion.
The Phillies beat the Mets 3-0 Thursday night to tie the Cubs for the top NL wild card.
Neighbors have been waiting since 2021 for the bridge over the Belt Parkway to be rebuilt and reconnect Bath Beach with the waterfront.
The People's Theatre now has its first permanent home in more than 15 years, thanks to help from theater legends from the neighborhood, like Lin-Manuel Miranda.
Brooklyn Greenway Initiative's 1.8-acre native plant sanctuary marks 10 years at a site where historians believe hundreds of human remains still lie
At a Bay Ridge school, students who were born years after the attacks are learning about Sept. 11 through the stories of parents, teachers and first responders who lived through it.
Former Mets players from the 2001 season were at Ladder 25 on the Upper West Side on Tuesday.
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.
A New Jersey woman got a slithery surprise when she was heading out to her car Monday morning. CBS News New York's Rob Flaks reports.
CBS News New York's Lonnie Quinn has your First Alert Forecast for September 18 at 11 p.m.
The ex-husband of Lindsay Clancy is sitting down for an exclusive interview on "60 Minutes" this Sunday along with his new wife. CBS News New York's Dick Brennan reports.
The Yankees are headed to the post-season, but with one big question: will their biggest star be there with them? CBS News New York's Steve Overmyer has the latest on another Aaron Judge injury.
Questions are mounting about the death of a man whose body was found in the chimney of a New York City public school. CBS News New York's Andrew Ramos reports.