Child Tax Credit Payments Start Hitting Parents' Bank Accounts
In order for families to qualify, single taxpayers must make $75,000 or less, and married couples filing taxes jointly must make $150,000 or less.
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In order for families to qualify, single taxpayers must make $75,000 or less, and married couples filing taxes jointly must make $150,000 or less.
The House approved the final version of President Biden's $1.9 trillion coronavirus relief bill on Wednesday, handing the new president a significant legislative victory as he works to stabilize an economy still struggling to rebound from the depths of the COVID-19 pandemic.
The COVID-19 pandemic has resulted in millions of Americans losing their jobs. Some have even able to re-enter the workforce, but experts say one group is especially struggling to do so.
President Biden signed two executive orders on Friday, one of which would increase federal food assistance and streamline the delivery of stimulus checks, as the president attempts to stabilize the economy without congressional assistance amid the fallout from the coronavirus pandemic.
The COVID relief bill sets aside $600 for Americans struggling through this pandemic.
House Republicans on Thursday blocked a bill by Democrats to provide direct checks of $2,000 to individuals on Thursday, after President Trump called on Congress to amend a newly passed coronavirus relief bill to increase direct payments to $2,000, with $4,000 for a couple.
Hundreds of dollars could be coming to the bank accounts of millions of Americans as early as next week.
Congressional leaders on Sunday reached a deal on a $900 billion COVID-19 economic relief package that includes $600 direct payments to Americans.
New York State and New York City seem to be in line for billions of dollars in federal aid contained in the new stimulus bill being negotiated in Washington — money that will help with looming COVID related related budget deficits.
Senate Democrats on Wednesday blocked a $500 billion coronavirus relief bill proposed by Republicans, while talks continue over a larger package with dimming prospects of passing before the election.
President Trump shut down negotiations between the White House and House Democrats over a new coronavirus relief bill, sending stocks tumbling with a series of tweets announcing he had "instructed my representatives to stop negotiating until after the election."
The $1,200 checks were issued in the spring, but the IRS used tax return data to process the checks, and many Americans don't file a return.
Stimulus discussions are back on the table in Washington, but time is growing short to deliver a second round of stimulus payments before the election.
Time is running out on a stimulus package passing before the election, even as the need for another stimulus check and additional unemployment payments remains strong.
Unemployed individuals who qualify for an additional $300 under Trump's Lost Wages Assistance program may receive up to six weeks worth of benefits.
President Trump's Lost Wages Assistance program is intended to increase weekly unemployment benefits, but implementation has been slow.
De Blasio spoke about the $600 weekly unemployment benefit that is set to expire Friday, and criticized the Senate majority for blocking a stimulus bill that he believes is desperately needed.
The mayor said first responders are left wondering if they're going to still have a job in a few months.
Treasury Secretary Steven Mnuchin announced Thursday that the White House and Senate Republicans have reached a "fundamental agreement" on their opening offer, CBS News reports.
The IRS has launched a website that gives you the ability to track the status of your economic stimulus payment from the federal government during the coronavirus pandemic.
The first batch of stimulus checks — or "economic impact payments," as they are officially known — started hitting consumers' bank accounts on Saturday, the Internal Revenue Service has told CBS News.
While Paul Ryan is entitled to his own opinions, he is not entitled to his own facts. He lied to America about Medicare. He lied to America about the debt commission. He really lied to America about the stimulus and America's debt rating.
Romney negotiated a $10 million federal bailout for his company, but has called for foreclosures to be allowed to "hit bottom" and letting Detroit go bankrupt.
The weatherization program is designed to residents save on energy costs through the installation of insulation, sealing ducts and stopping heat loss through leaky windows and doors.
The agency will pay nearly $6.8 million to a Bergen County-based firm for the vans, minivans and minibuses. The cost will mostly be covered by federal stimulus money and various federal grants.
Periods of rain will move through the New York area Thursday, but spring temperatures are on the way for the weekend.
Iran and the U.S. threaten to intensify their attacks as the war in the Middle East stretches into another country.
A new bill could potentially allow for outdoor and public drinking for the duration of the FIFA World Cup in New York this summer.
The New Jersey Devils beat Toronto 4-3 on Wednesday night, sending the Maple Leafs to their fifth straight loss.
The Oklahoma City Thunder edged the New York Knicks 103-100 on Wednesday night.
Periods of rain will move through the New York area Thursday, but spring temperatures are on the way for the weekend.
A new bill could potentially allow for outdoor and public drinking for the duration of the FIFA World Cup in New York this summer.
New York City Councilwoman Vickie Paladino is hiring a lawyer to fight an attempt by the Ethics Committee to censure her because of social media posts it deemed Islamophobic.
Alleged Gilgo Beach serial killer Rex Heuermann allegedly used burner phones to contact dozens of sex workers more than 500 times up until the months before his arrest, according to a new court filing.
Con Edison is offering reimbursement to Brooklyn residents who were without power for more than 48 hours during February's winter storm and bitter cold.
Periods of rain will move through the New York area Thursday, but spring temperatures are on the way for the weekend.
Snow and rain will make for messy morning and evening commutes for New Yorkers on Tuesday. It's a First Alert Weather Day.
The Tri-State Area's weekend is looking like a tale of two seasons with both snow and sunshine.
Another round of snow is impacting the Tri-State Area Wednesday, just after a major blizzard dumped more than 2 feet of snow in some parts of New York and New Jersey.
Pet owners should be extra cautious with their pets during and after the major winter snowstorm impacting the New York and New Jersey area.
Periods of rain will move through the New York area Thursday, but spring temperatures are on the way for the weekend.
Some New Jersey residents are among the Americans in more than a dozen Middle Eastern countries scrambling to get home amid the war with Iran.
On Tuesday morning, FIFA officials marked 100 days until the World Cup 2026 kickoff by lighting up the Empire State Building.
Two planes came into contact on the ground at Newark Liberty International Airport on Tuesday, officials said.
The West Orange High School chess team has made history by becoming the best in New Jersey. They're hoping to take that momentum with them to a national tournament.
Periods of rain will move through the New York area Thursday, but spring temperatures are on the way for the weekend.
Alleged Gilgo Beach serial killer Rex Heuermann allegedly used burner phones to contact dozens of sex workers more than 500 times up until the months before his arrest, according to a new court filing.
Some Iranian Americans on Long Island tell CBS News New York they're emotional and praying for a path to freedom as their families abroad grapple with the newly-launched war.
Justin Timberlake is suing Sag Harbor to prevent the release of bodycam video of his 2024 arrest for driving while intoxicated on Long Island.
The Embassy Diner in Bethpage was one of the only establishments open during the February blizzard. The owner generously donated food to dozens of hospital staff members who had to work through the storm.
A new bill could potentially allow for outdoor and public drinking for the duration of the FIFA World Cup in New York this summer.
New York City Councilwoman Vickie Paladino is hiring a lawyer to fight an attempt by the Ethics Committee to censure her because of social media posts it deemed Islamophobic.
Radio host Sid Rosenberg apologized Wednesday for hateful remarks he made about New York City Mayor Zohran Mamdani.
In Defense Secretary Pete Hegseth's second news briefing since the start of the Iran war, Hegseth said the U.S. had sunk an enemy ship by a torpedo for the first time since World War II.
Homeland Security Secretary Kristi Noem faced friendly Republicans and critical Democrats on the House Judiciary Committee, where she testified about the administration's immigration agenda.
Failed contract agreements between Mount Sinai and Anthem have caused thousands of New York patients to lose in-network care.
New York Attorney General Letitia James' office has ordered NYU Langone Health to resume its Transgender Youth Health Program.
Mount Sinai Health System and Anthem Blue Cross Blue Shield agreed to temporarily extend their deadline to negotiate a new contract.
For the first time in 30 years, the Food and Drug Administration has approved a new treatment for an inoperable type of pancreatic cancer.
NYSNA has reached a tentative contract agreement with NewYork-Presbyterian, signaling a potential end to the longest nurses strike in New York City history.
Justin Timberlake is suing Sag Harbor to prevent the release of bodycam video of his 2024 arrest for driving while intoxicated on Long Island.
Brian Anthony Moreland is a Tony Award-nominated producer who has worked on numerous hit shows and joins a short list of Black producers working on Broadway.
Pokémon fans across New York City waited in live for special events marking the franchise's 30th anniversary.
Singer-songwriter Neil Sedaka, known for his hits like "Laughter in the Rain," "Breaking Up is Hard to Do" and "Calendar Girl," has died.
Streaming giant Netflix declined to match Paramount Skydance's $31 per share offer for Warner Bros. Discovery.
The New Jersey Devils beat Toronto 4-3 on Wednesday night, sending the Maple Leafs to their fifth straight loss.
The Oklahoma City Thunder edged the New York Knicks 103-100 on Wednesday night.
Bam Adebayo had 23 points, nine rebounds and six steals, and the Miami Heat beat the Brooklyn Nets 124-98 on Tuesday night in the opener of a two-game series.
The New York Knicks beat the Toronto Raptors 111-95 on Wednesday night for their fifth win in six games.
The Devils dealt the Panthers' playoff hopes another blow by beating the two-time defending Stanley Cup champions 5-1 on Tuesday.
Manhattan historians recently discovered a link to the Underground Railroad at the Merchant's House Museum.
The National Dance Institute in Harlem hosts a special camp twice a year to bring together dancers with and without special needs for a dance camp, proving anyone can take center stage.
Could New York City's harsh winter weather end up curbing the number of rats? Here's why experts are saying don't count on it.
A Jewish congregation in Brooklyn is fighting to save their historic house of worship.
Harlem's Lafayette Theatre is believed to be the first major New York City theater to desegregate, just a year after its opening.
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.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Dogs got decked out for the annual Tompkins Square Halloween Dog Parade in New York City's East Village on Saturday.
Cosplayers flooded New York City's Javits Center in October 2024 for the annual New York Comic Con convention.
Officials ordered a formal review after reports surfaced that the NYPD and the Department of Corrections might be breaking the city's sanctuary laws. CBS News New York's Christina Fan reports.
The Wall Street Journal reported that financial firm Morgan Stanley is cutting about 2,500 people.
PATH service between Hoboken and Manhattan was suspended because of a power outage Wednesday night but it was resolved around 1 a.m. Thursday.
The second of Mayor Mamdani's rental ripoff hearings will be held in Queens Thursday. It comes as NYCHA residents held their own hearing in the Bronx.
United States officials said they have helped about 6,500 Americans leave the region, while CBS News reports another 10,000 have managed to leave on their own. However, many are still stuck. CBS News New York's John Dias reports.
