New York stock traders sound alarm on spike in pump-and-dump schemes
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.
Watch CBS News
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.
It's a type of stock market scheme that's emptying bank accounts all over the country. Two stock traders from New York told investigative reporter Tim McNicholas it cost them tens of thousands of dollars.
The team with the Susan G. Komen Foundation rang the opening bell at the New York Stock Exchange on Thursday to mark National Breast Cancer Awareness Month. CBS News New York news director Sarah Burke, a breast cancer survivor, was there for the special occasion.
CBS News New York's News Director Sarah Burke was there for the special occasion to mark the start of National Breast Cancer Awareness Month.
President Trump's decision to put some tariffs on pause may have sent the stock markets soaring, but area lawmakers say it's only a temporary reprieve.
The Dow, the S&P 500, and the NASDAQ all closed in the green Wednesday, but everyday New Yorkers are still worried about what volatile markets will mean for their futures. CBS News New York's Marcia Kramer reports.
It made for another volatile day on Wall Street, as stocks plunged and then surged throughout the day. CBS News New York's Dick Brennan reports.
It was yet another volatile day of trading on Wall Street, with stocks plunging and then surging. In the end the Dow closed nearly 350 points lower. CBS News New York's Jessica Moore has the latest.
The sweeping tariffs set off the worst two-day Wall Street sell-off in five years, and the turmoil isn't over yet. Asian markets, which are already open on Monday, are off significantly. CBS News New York's Lisa Rozner reports.
On Thursday, everything from crude oil to big tech stocks to the value of the U.S. dollar fell, and investors are nervous. CBS News New York's Allen Devlin reports.
Federal agents arrested a man in South Florida suspected of plotting an attack on the New York Stock Exchange. CBS News New York's Allen Devlin reports.
The FBI has arrested a South Florida man who they say wanted to bomb the New York Stock Exchange. CBS News New York investigator Tim McNicholas looked over the court filing.
South Florida native Harun Abdul-Malik Yener was charged with attempted use of an explosive to damage or destroy a building used in interstate commerce.
The New York Liberty are continuing their championship tour ahead of a ticker-tape parade Thursday in NYC.
Over 200 people were arrested outside the New York Stock Exchange at a protest against the U.S. sending aid to Israel.
Some protesters chained themselves to a fence at the stock exchange entrance after the U.S. announced it's sending more aid to Israel. CBS News New York's Lisa Rozner reports.
New York Stock Exchange technical troubles cause Berkshire Hathaway shares to appear down almost 100%.
This happened while in Times Square, an installation was put up to remember the hostages taken from Israel.
McCarthy is in a showdown with Pres. Biden over raising the debt ceiling.
The Huskies men's basketball team won its fifth NCAA national championship.
New York City's Landmarks Preservation Commission voted unanimously to keep the statue in front of the New York Stock Exchange for another three years.
The statue was commissioned in 2017 as a call for companies to add women to their boards.
U.S. stocks slumped on Monday as investors assessed a bevy of risks, including a possible shift in Federal Reserve guidance this week that could hurt corporate profits.
Joby Aviation plans to put its aircraft into service beginning in 2024.
The complaint details efforts on how to build bombs, including improvised explosive devices, suicide belts, timers and homemade bombs.
Education officials are pointing to social media as a cause for sexual misconduct cases spiking in New York City schools.
A New York City woman is dead after plunging into an uncovered manhole in Midtown NYC. It's not clear how or why the manhole was uncovered.
New York City and New Jersey are under a heat advisory and air quality alert as the hazy and humid weather settles in across the Tri-State Area.
A jury found Paul Caneiro guilty in February of murdering his brother, sister-in-law, niece and nephew before setting their New Jersey mansion on fire in 2018.
The Long Island Rail Road is now back up and running after the MTA and unions reached a tentative deal to end the strike.
Education officials are pointing to social media as a cause for sexual misconduct cases spiking in New York City schools.
A New York City woman is dead after plunging into an uncovered manhole in Midtown NYC. It's not clear how or why the manhole was uncovered.
New York City and New Jersey are under a heat advisory and air quality alert as the hazy and humid weather settles in across the Tri-State Area.
The Long Island Rail Road is now back up and running after the MTA and unions reached a tentative deal to end the strike.
New York Gov. Kathy Hochul said the MTA and LIRR unions reached "a fair deal" to end the strike after three days.
New York City and New Jersey are under a heat advisory and air quality alert as the hazy and humid weather settles in across the Tri-State Area.
The weekend is set to be the warmest of the year so far with summer-like weather across the Tri-State Area.
Keep an umbrella nearby as there's a chance for showers across the New York and New Jersey area. But the weather will turn to sunshine and warm temperatures for the weekend.
The weather on Wednesday will be a mix of sunshine and clouds with the potential for a shower in New York City. In the evening, rain becomes more widespread.
An unsettled pattern continues through the entire Mother's Day weekend in the New York City area.
New York City and New Jersey are under a heat advisory and air quality alert as the hazy and humid weather settles in across the Tri-State Area.
A jury found Paul Caneiro guilty in February of murdering his brother, sister-in-law, niece and nephew before setting their New Jersey mansion on fire in 2018.
New Jersey wants to help bars and restaurants cash in on the FIFA World Cup by letting them sell more alcohol during the 39-day tournament.
Research conducted by one of New Jersey's largest credit unions found a trip down the Jersey Shore is going to cost 11% more this year on average.
The driver of a Jeep was killed when their vehicle struck a tanker truck on I-287, causing both vehicles to go up in flames, New Jersey State Police said.
New York City and New Jersey are under a heat advisory and air quality alert as the hazy and humid weather settles in across the Tri-State Area.
The Long Island Rail Road is now back up and running after the MTA and unions reached a tentative deal to end the strike.
New York Gov. Kathy Hochul said the MTA and LIRR unions reached "a fair deal" to end the strike after three days.
If history is any indication, the LIRR strike has potential to derail Democratic Gov. Kathy Hochul's bid for reelection.
LIRR commuters are taking shuttle buses and subways into New York City as the largest commuter rail system in North America remains shut down.
If history is any indication, the LIRR strike has potential to derail Democratic Gov. Kathy Hochul's bid for reelection.
New York City's second city-run grocery store will be in the Bronx, Mayor Zohran Mamdani and city officials announced Monday.
Alex Bores has a master's degree in computer science, but for some reason tech titans are trying to stop his campaign in New York's 12th Congressional District.
While the LIRR work stoppage has caused a mess for people heading to weekend events, the real concern is Monday morning's commute.
Gas prices, inflation weigh on Americans. Many see lack of clarity on what's happening in Iran.
Thousands of people showed up bright and early for AIDS Walk New York 2026, the largest HIV and AIDS fundraiser in the U.S., in Central Park on Sunday.
A New York doctor who contracted and survived Ebola more than a decade ago says he is worried for healthcare workers who are at the center of treating the latest outbreak.
New York Gov. Kathy Hochul proposed millions to keep the program open, but the reforms would cut reimbursement rates for private duty nurses.
A New York native is among 16 American passengers who are quarantining in Nebraska after being on the cruise ship that is at the center of the deadly hantavirus outbreak.
American passengers on the MV Hondius cruise ship, which was hit with a deadly outbreak of the hantavirus, are back in the U.S. Three of the at least 10 people confirmed infected in the outbreak have died.
The well-known film critic and journalist Rex Reed has died at 87.
"The Pitt" star Isa Briones is bringing heightened pride and Filipino presence to both stage and screen.
Broadway's "The Book of Mormon" has canceled two weeks of performances following a fire at the Eugene O'Neill Theatre.
Uzo Aduba and Darren Criss announced the 2026 Tony nominees for select categories on "CBS Mornings" on Tuesday.
Rihanna, Sabrina Carpenter, Madonna, and Beyoncé all wore their best looks to celebrate the "Costume Art" theme at the 2026 Met Gala. Here are some of the best moments, photos, and more from the night.
The New York Yankees survived another shaky performance by David Bednar to beat the Toronto Blue Jays 7-6 Monday night at Yankee Stadium.
The Mets became the first National League team to score at least 10 runs in an extra inning since the 1919 Cincinnati Reds.
Tyrone Taylor hit a game-tying three-run homer off All-Star closer David Bednar with two outs in the ninth as the Mets rallied to defeat the Yankees in 10.
Luke Weaver escaped a bases-loaded, no-outs jam against his former team as the Mets beat the Yankees Saturday night to even the Subway Series.
Anunoby has the maximum amount of time to rest before Game 1 of the NBA Eastern Conference finals.
Ahead of the 2026 RBC Brooklyn Half Marathon, some athletes are showing how simply reaching the starting line is a victory.
The Second Avenue Subway project has entered phase two of extending the "Q" line, but Harlem businesses say they're struggling to co-exist with the construction.
City Council members say requirement for transparent roll-down gates is burdensome for small businesses ahead of the July 1 enforcement deadline.
For more than four decades, residents living beside Brooklyn's District 13 Sanitation Garage in Coney Island have been waiting for the facility to move away from their homes.
There's a swim club in Harlem teaching kids a lifesaving skill, and they're turning timid swimmers into competitors.
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.
New York City is under a heat advisory and air quality alert as unseasonably hazy, hot and humid weather settles in across the Tri-State Area. CBS News New York Meteorologist Tony Sadiku has the forecast.
A judge sentenced Paul Caneiro to the maximum penalty of life in prison without the possibility of parole for murdering four members of his family. CBS News New York's Christine Sloan reports.
A New York City woman is dead after plunging into an uncovered manhole. CBS News New York's Lisa Rozner reports.
Trains are back on track after the Long Island Railroad Strike came to an end Tuesday. CBS News New York's Elijah Westbrook and Carolyn Gusoff report.
Education officials say several schools are having an early dismissal because of the high temperatures.