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.
A 76-year-old man has died after being shoved down subway entrance steps in Chelsea Thursday night, the NYPD said. Police believe they know who did it, because they say he was taken into custody earlier that very day.
A New Jersey neighborhood is under a shelter-in-place order as police investigate at a home in Bridgewater Township.
Two New Jersey residents were potentially exposed to a person infected with hantavirus, according to health officials.
A New York City man pleaded guilty to creating explosives, storing them on apartment building rooftops and throwing at least one onto the subway tracks on the Williamsburg Bridge.
Defense Secretary Pete Hegseth said in a statement that the documents "have long fueled justified speculation — and it's time the American people see it for themselves."
A 76-year-old man has died after being shoved down subway entrance steps in Chelsea Thursday night, the NYPD said. Police believe they know who did it, because they say he was taken into custody earlier that very day.
A New York City man pleaded guilty to creating explosives, storing them on apartment building rooftops and throwing at least one onto the subway tracks on the Williamsburg Bridge.
A cyberattack by a group called ShinyHunters impacted thousands of students in the New York area and across the country who use Canvas.
Video shows a Bronx man being handcuffed in a brutal takedown as he tells ICE agents they got the wrong guy.
The Brooklyn mother of a student with autism has been trying to find out why her son came home from school last month with two teeth missing.
After summer-like warmth, rainy weather and cooler temperatures return to the New York City area mid-week.
A cool weekend is ahead for the New York City area before warmer weather returns.
Some residual showers may linger into early Sunday morning, but the majority of the rainfall should be over by sunrise.
Amtrak announced Thursday it is suing Metro-North for allegedly blocking nonrevenue trains on a portion of the busy Northeast Corridor for over two months.
The Tri-State Area has the dirtiest air in the U.S. east of Texas, according to The American Lung Association's newly released "State of the Air" report.
A New Jersey neighborhood is under a shelter-in-place order as police investigate at a home in Bridgewater Township.
Two New Jersey residents were potentially exposed to a person infected with hantavirus, according to health officials.
The Montclair School District Board of Education voted Wednesday to eliminate freshmen sports programs due to budget cuts.
A New Jersey mother claims her son died at a day program for developmentally disabled adults because of negligence.
Round-trip rail tickets were going to cost World Cup fans $150. They will now be $105, NJ Transit CEO Kris Kolluri said Thursday.
The MTA and five of its unions are embroiled in a contract dispute that could trigger the LIRR's first work stoppage in more than 30 years.
New York Gov. Kathy Hochul announced a $268 billion budget that includes a pied-à-terre tax targeting wealthy New York City second home owners.
Brookhaven town residents are anxious and worried about the underwater toxic plume created by the landfill.
It's a mixed bag for Gov. Kathy Hochul in the latest poll.
Police identified the suspect in the deadly stabbing of two women on Long Island, saying he lived with one of them and worked with the other.
Defense Secretary Pete Hegseth said in a statement that the documents "have long fueled justified speculation — and it's time the American people see it for themselves."
New York City's Rent Guidelines Board held a preliminary vote Thursday proposing a potential increase for 1 million rent-stabilized apartments across the five boroughs.
Former New York City Mayor Eric Adams is weighing in on the ongoing war of words between Mayor Zohran Mamdani and billionaire Ken Griffin.
New York Gov. Kathy Hochul announced a $268 billion budget that includes a pied-à-terre tax targeting wealthy New York City second home owners.
Former New York City Mayor Rudy Giuliani has now left the intensive care unit, his spokesperson said, after being hospitalized with pneumonia.
Two New Jersey residents were potentially exposed to a person infected with hantavirus, according to health officials.
Three passengers have been evacuated from a cruise ship hit by a hantavirus outbreak, as related cases are confirmed in Switzerland and South Africa.
The FDA announced its first authorization of fruit-flavored electronic cigarettes intended for adult smokers, a major policy shift after months of appeals to President Trump from the vaping industry.
There's been a confirmed measles case in Manhattan, health officials said Tuesday.
Keyport residents say they're on edge because of dozens of cancer cases over the years in a neighborhood near the former Aeromarine landfill.
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.
Firefighters responded to Broadway's Eugene O'Neill Theater Monday morning after a blaze broke out.
The 2026 Met Gala's dress code is "Fashion is Art," which goes hand-in-hand with the theme of "Costume Art."
Jake McCarthy hit a grand slam and matched a career-high with five RBIs as the Rockies snapped a six-game losing streak with a 6-2 over the Mets on Thursday.
Trent Grisham hit a go-ahead, three-run double in a six-run sixth inning, and the Yankees beat the Rangers 9-2 Thursday for their 16th win in 19 games.
OG Anunoby is dealing with a hamstring issue, but the Knicks forward appears to have avoided a serious injury after leaving late in Game 2 of the Eastern Conference semifinals.
Joel Embiid has urged 76ers fans not to sell their playoff tickets to Knicks supporters.
The surging New York Mets beat the Colorado Rockies 10-5 on Wednesday night after the start time was pushed back six hours due to a snowstorm.
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.
The Davis Center at the Harlem Meer is celebrating one year of providing year-round recreation space to New Yorkers while still spreading the word to residents.
Residents displaced by a deadly apartment building fire in Inwood say it was only a matter of time before their building went up in flames.
In New York City, where land is at a premium, a stockpile of pristine soil unearthed at construction sites helps lower emissions and support urban farmers.
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.
Five states and at least a dozen countries are monitoring passengers from a contaminated cruise ship. Doctor Adeel Butt - Infectious Disease Expert at Hackensack Meridian Health has more on this virus.
One year ago, the world watched as white smoke billowed from the Vatican chimney- signaling the election of a new pope! Father Thomas Massaro -- Professor of Moral Theology from Fordham University discusses his tenure as leader of Catholics around the world.
Five unions representing Long Island Rail Road unions say their talks with the MTA to avert a strike have stalled.
Rain will make for a soggy Saturday for Tri-State Area residents, but it should clear up for Mother's Day Sunday. CBS News New York Meteorologist John Elliott has the forecast.
The New Jersey Department of Health said it was notified by the U.S. Centers for Disease Control and Prevention that the two New Jersey residents were potentially exposed while flying abroad.
