Inflation has cost of everything on the rise
Americans are now digging deeper into their wallets for everything from groceries to goods and services with no relief in sight. CBS2's Elijah Westbrook has more.
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Americans are now digging deeper into their wallets for everything from groceries to goods and services with no relief in sight. CBS2's Elijah Westbrook has more.
As CBS2's John Dias reports, there are a number of factors contributing to this key week for the state of the economy.
Some big developments in the business world could affect your finances at home. CBS2's John Dias has the details.
Many Americans are worrying about their retirement funds as stocks dropped drastically yesterday. CBS2's Elijah Westbrook has more on what this means.
Futures are higher this morning, but it follows more big losses Monday. CBS2's Elijah Westbrook has more on what it means for the average investor.
The DOW got off to a rough start Monday morning and didn't recover, CBS2's Tony Aiello reports.
Stocks claw back losses after flirting with the first bear market since early 2020.
U.S. stocks plunged on Monday as investors fretted over mounting inflation and geopolitical tensions.
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.
Does the huge drop in the Dow Jones and other indices mark the end of a historic run that dates back to the pandemic's early days?
The stock market has enjoyed unprecedented gains during the pandemic, with the strange, meteoric rise of GameStop among the highlights.
The stock market has enjoyed a historic rise, despite the pandemic and political upheaval, and looks poised to continue growing through 2021 and beyond.
The Dow Jones crossed the 30,000 threshold for the first time ever Tuesday, fueled by news that suggests a more stable economy in the near future.
The Dow jumped 5.3% in early trading, reaching a record high of 29,836. The S&P 500 rose more than 3%, while the Nasdaq added less than 1%.
Today's stock market gains come despite all the election uncertainty, but may suggest optimism for a second stimulus package down the line.
In an economy beset by pandemic-induced hardship, why is Wall Street thriving while Main Street is struggling?
There are new signs the road to reopening will be a bumpy ride for the economy.
The exchanges has been limited to all-electronic trading since March 23.
The stock market reacted positively to the recent record unemployment numbers, which suggests a strong economic comeback, but be wary.
Stocks surged Tuesday as investors weighed the Federal Reserve's vow to support key financial markets and prospects for a nearly $2 trillion relief bill in Congress to help soften the economic impact of the coronavirus.
U.S. stocks plunged so quickly today that trading was halted amid growing economic uncertainty over the coronavirus.
Fears of the virus are making stocks extremely volatile for the seventh day. At one point, the Dow was down nearly 1,000 points.
Global markets are now down for the sixth straight day, and experts say many investors are realizing the economic impact could be much worse than first thought.
Investors are hoping to see some signs of recovery today after the Dow fell more than 1,000 points Monday, wiping out all its gains for the year.
U.S. markets saw a steep selloff on Monday as the coronavirus disease spreads well beyond China, raising fears about its economic impact on several continents.
Jack Eichel scored at 4:52 of overtime and the Golden Knights beat the Rangers 3-2 on Sunday night for their fourth straight win.
Sunday's weather was calm and pleasantly chilly, but big changes are in store as we begin the new work week.
Luigi Mangione, accused in the murder of United Healthcare's CEO, will return to court on Monday as his attorneys continue to try to suppress evidence from his upcoming trial.
Jeff Kent was elected to baseball's Hall of Fame on Sunday by the contemporary era committee, while steroids-tainted stars Barry Bonds and Roger Clemens were among seven players who fell short once again.
Carter Verhaeghe stays red-hot with his sixth goal in six games as the Florida Panthers top the New York Islanders 4-1 on Sunday.
Sunday's weather was calm and pleasantly chilly, but big changes are in store as we begin the new work week.
Luigi Mangione, accused in the murder of United Healthcare's CEO, will return to court on Monday as his attorneys continue to try to suppress evidence from his upcoming trial.
Community members came together at a Queens playground on Sunday, after a 6-year-old student who attends the school and his father were detained and separated.
Riders in Manhattan and Queens are preparing for a change to the F and M subway lines that the transit agency hopes will reduce congestion.
The Intrepid Museum's ceremony marking 84 years since the Pearl Harbor attack includes a wreath-laying in the Hudson River.
Sunday's weather was calm and pleasantly chilly, but big changes are in store as we begin the new work week.
If you're heading out, brace yourself — it's the coldest day of the season so far.
CBS News New York has learned Jed Parkington, who died by suicide during a standoff with law enforcement on Tuesday, was fascinated with Nazi Germany.
"Driven Into Debt," CBS News New York's latest investigative series, has uncovered a simple truth -- unpaid tolls can quietly spiral into crushing debt.
First Alert Weather Days have been declared in the NYC area as the arctic chill could bring record low temperatures.
Sunday's weather was calm and pleasantly chilly, but big changes are in store as we begin the new work week.
Police in New Jersey are investigating a series of home break-ins with suspects allegedly targeting high-end cars.
The 2026 FIFA Men's World Cup schedule has been released, including the slate of matches coming to MetLife Stadium in New Jersey.
An apartment building fire in Jersey City, New Jersey, displaced about 30 people Friday, sending them out into frigid temperatures.
A judge ruled Menendez, the former U.S. Senator, is no longer eligible for public employment after a bribery conviction.
Sunday's weather was calm and pleasantly chilly, but big changes are in store as we begin the new work week.
A man is now in custody in Florida in connection to the 1997 murder of Tanya Denise Jackson on Long Island.
Nassau County Police charged Vito D'Ambrosio, of Seaford, with murdering his parents at A&A Italian Deli and Pizza in Bethpage.
If you're heading out, brace yourself — it's the coldest day of the season so far.
"Driven Into Debt," CBS News New York's latest investigative series, has uncovered a simple truth -- unpaid tolls can quietly spiral into crushing debt.
Community members came together at a Queens playground on Sunday, after a 6-year-old student who attends the school and his father were detained and separated.
"We're reviewing the process, and we'll see," Defense Secretary Pete Hegseth said. "Whatever we were to decide to release, we'd have to be very responsible about reviewing that right now."
President Trump presented medals to the 2025 Kennedy Center honorees during an Oval Office ceremony.
The 63-year-old Roger Clemens has been accused of using performance-enhancing drugs, which he has denied.
A judge ruled Menendez, the former U.S. Senator, is no longer eligible for public employment after a bribery conviction.
New York has no plans to change hepatitis B vaccine guidance after a Centers for Disease Control advisory panel voted to stop recommending a first dose for newborns.
In New York alone, there have already been more than 17,000 flu cases and nearly 1,000 hospitalizations, and doctors anticipate it's only going to get worse as more people gather for the holidays.
Colette Smith of the Bronx was diagnosed with lung cancer, despite never smoking. Her survival story is central to her push for early detection.
Some New Yorkers want the mayor-elect to appoint a new "rat czar" when he takes office after an uptick in rat sightings.
Gio's Law would establish a $25 million grant program to equip law enforcement nationwide with EpiPens and train officers how to use them.
President Trump presented medals to the 2025 Kennedy Center honorees during an Oval Office ceremony.
The iconic Wythe Diner was physically moved Saturday from its location in Williamsburg to Steiner Studios in Brooklyn's Navy Yard.
Japanese officials said Jeremy O Harris, known for his Tony-nominated "Slave Play" and his role in the series "Emily in Paris," was arrested on the island of Okinawa on Nov. 16.
Rapper Tekashi 6ix9ine has been sentenced to three more months in prison for violating his supervised release terms in a New York gang case.
Frank Gehry was known for designing the Guggenheim Museum Bilbao in Spain and the Walt Disney Concert Hall in Los Angeles.
Jack Eichel scored at 4:52 of overtime and the Golden Knights beat the Rangers 3-2 on Sunday night for their fourth straight win.
Jeff Kent was elected to baseball's Hall of Fame on Sunday by the contemporary era committee, while steroids-tainted stars Barry Bonds and Roger Clemens were among seven players who fell short once again.
Carter Verhaeghe stays red-hot with his sixth goal in six games as the Florida Panthers top the New York Islanders 4-1 on Sunday.
Tua Tagovailoa remained unbeaten against the New York Jets, leading the Miami Dolphins to a 34-10 victory on Sunday.
The Knicks got 30 points from Jalen Brunson and beat the Magic 106-100 on Sunday, improving to 13-1 at home.
Neighbors in Brooklyn's Victorian Flatbush are expressing frustration after the city designated only part of their area as a historic district.
Brooklyn's Prospect Park is getting financing for a long-term project to battle the impacts of climate change, city leaders say.
The Brooklyn Conservatory of Music plans a 12,000-square-foot campus at One Prospect Park West, aiming to serve thousands more with music therapy and education programs.
Some residents at NYCHA's Eastchester Gardens in the Bronx say they've been shivering on and off all week.
The Brooklyn Nutcracker returns to Downtown Brooklyn with diverse cultural influences, community outreach, and a fresh take on Tchaikovsky's iconic score.
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.
The first day of the new work week will feature sun and clouds, but temps likely will not get out of the 20s. CBS News New York's Vanessa Murdock reports.
It was on this day, Dec. 7, 1941, that Japanese forces bombed the U.S. base in Hawaii, killing more than 2,300 troops and launching our country into World War II. CBS News New York's Allen Devlin reports.
New York's senior senator called the possible move a monopoly-like merger and warns it could hurt competition and drive up prices of goods. CBS News New York's Allen Devlin reports.
The MTA says the move will help reduce train congestion. CBS News New York's Kristie Keleshian spoke with commuters ahead of the big changes.
The 27-year-old's attorneys are pushing for evidence to be tossed out ahead of his trial for the murder of United Healthcare CEO Brian Thompson. CBS News New York's Allen Devlin reports.