Investors taking wait-and-see approach to latest tariff news
For more on the ever-changing tariff situation, we hear from Cris Deritis, deputy chief economist at Moody's.
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For more on the ever-changing tariff situation, we hear from Cris Deritis, deputy chief economist at Moody's.
The president is expected to meet with his cabinet Thursday, one day after he hit the pause button on most of his global tariffs. CBS News New York's Christina Fan has the latest on the market response.
President Trump put his sweeping tariffs on pause Wednesday for most countries but is escalating his battle with China. CBS News New York's Dick Brennan has reaction from people who want to avoid paying the price.
The U.S. stock market surged immediately after President Trump announced the pause on most of his new "reciprocal tariffs."
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.
Mr. Trump said he is also lowering of the reciprocal tariff rate to 10%, effective immediately. However, he said China would not be included. CBS News New York's Dick Brennan reports.
President Trump announced reciprocal tariffs on about 90 countries, including China and the European Union. Here's the list.
China said it will hike its levies on U.S. imports to 84% after President Trump hit Chinese goods with even higher tariffs.
China vowed to "fight to the end" announced it would raise tariffs on American goods to 84% starting Thursday. Natalie Brand reports.
Tech companies across the country are sounding the alarm that President Trump's steep new import tariffs will drive up prices for most major tech products in the coming year. So if you're in the market for the latest electronic is now the time to buy? Consumer Insights Editor for CNET, Dashia Milden, breaks down the latest info and details what products could see price hikes first.
Trump hit Europe with 20% tariffs, but a Virginia wholesaler says Americans could see 30% price hikes on some wines, and even U.S. producers face higher costs.
Bankrate financial analyst Mark Hamrick explains what to expect as the tariffs take effect on the stock market.
President Trump's tariffs on imports from dozens of countries kicked in Wednesday, including 104% on goods from China, dramatically ramping up a potential global trade war.
President Trump's latest tariffs on dozens of countries are set to take effect Wednesday. CBS News New York's Dick Brennan spoke with worried consumers who fear they'll pay even more for just about everything.
The U.S. will impose a 104% tariff on imports from China starting on Wednesday, according to White House officials.
Cris deRitis, Deputy Chief Economist with Moody's joins CBS New York to discuss what Americans can expect from Trump's tariffs.
The markets have steadied a bit after President Trump threatened to raise his double-digit tariffs even higher. David Lester, of DCL Capital, explains what it means for investors.
President Trump and Israeli Prime Minister Benjamin Netanyahu met two days before new U.S. tariffs go into effect.
President Trump said he will slap more tariffs on imports from China if it doesn't withdraw a retaliatory tariff on U.S. products. Beijing bristled at his latest threat.
It was a roller-coaster day in stocks as panic selling subsided, while President Trump threatened to hit China with a 50% tariff.
Get ready to pay more at your grocery store and local deli. Lots of items are set to get more expensive soon due to President Trump's widespread tariffs.
CBS News New York's Nick Caloway visited a deli in Midland Park, New Jersey on Monday.
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.
Stocks in the U.S. look set for another for another rough outing Monday as the Trump tariff fallout continues to roil global markets.
Roadways across New Jersey got pelted with heavy bands of snow, sleet and freezing rain, putting state officials on high alert.
As prosecutors contend with a massive trove of Epstein files, President Trump suggested Friday the Justice Department is spending too much time on the issue — but said Democrats should be named.
If not for his brave actions, the baby girl might not be alive.
Drumming, dance and hands-on workshops marked the 18th year the Brooklyn Children's Museum is hosting what leaders call New York City's largest family Kwanzaa festival.
It happened at the corner of Warburton and Ashburton Avenues at around 1:15 p.m.
If not for his brave actions, the baby girl might not be alive.
Drumming, dance and hands-on workshops marked the 18th year the Brooklyn Children's Museum is hosting what leaders call New York City's largest family Kwanzaa festival.
It happened at the corner of Warburton and Ashburton Avenues at around 1:15 p.m.
A major winter storm is pummeling the Tri-State Area with snow and ice after New York and New Jersey declared states of emergency.
Suffolk County Police Commissioner Kevin Catalina blasted CVS for not releasing the surveillance video to police.
A major winter storm is pummeling the Tri-State Area with snow and ice after New York and New Jersey declared states of emergency.
Shovels and plows will be out later Friday as people in New York City and the surrounding area prepare for a blast of winter.
It's a First Alert Weather Day for Friday evening into Saturday morning due to accumulating snow that could be heavy at times.
Forecast model data continues to suggest that a general 4–8-inch snowfall is likely with this system.
We've issued a First Alert Weather Day for Friday evening into Saturday morning due to snow.
Roadways across New Jersey got pelted with heavy bands of snow, sleet and freezing rain, putting state officials on high alert.
A major winter storm is pummeling the Tri-State Area with snow and ice after New York and New Jersey declared states of emergency.
Smith previously played young Nala in "The Lion King" on Broadway.
Shovels and plows will be out later Friday as people in New York City and the surrounding area prepare for a blast of winter.
It's a First Alert Weather Day for Friday evening into Saturday morning due to accumulating snow that could be heavy at times.
A major winter storm is pummeling the Tri-State Area with snow and ice after New York and New Jersey declared states of emergency.
Suffolk County Police Commissioner Kevin Catalina blasted CVS for not releasing the surveillance video to police.
Shovels and plows will be out later Friday as people in New York City and the surrounding area prepare for a blast of winter.
It's a First Alert Weather Day for Friday evening into Saturday morning due to accumulating snow that could be heavy at times.
In Levittown, volunteers spent Christmas morning making dreams come true for children from struggling families.
As prosecutors contend with a massive trove of Epstein files, President Trump suggested Friday the Justice Department is spending too much time on the issue — but said Democrats should be named.
Strikes against ISIS targets in Nigeria come after President Trump spent weeks accusing the West African country's government of failing to rein in the persecution of Christians.
Mamdani's team says the group of 48 includes "people from across fields and communities" and are "New Yorkers whose creativity, leadership and lived experience reflect the full life of the city."
The Justice Department said the process of releasing the Epstein files may take "a few more weeks" due to the volume of materials.
A federal judge has given a green light to New York's so-called Green Light Law, rejecting the Trump administration's bid to stop the state from giving people driver's licenses without having them prove they're in the country legally.
A spike in measles cases in Rockland County has New York health officials urging families to get vaccinated.
Researchers on Long Island say they've found physical evidence of PTSD in World Trade Center first responders.
In New York, cases of flu, RSV and COVID have spiked since Thanksgiving.
There are at least 500 sudden and unexpected deaths in the city each year, and in roughly a fifth of those cases, a genetic cause can be detected.
UnitedHealthcare and NewYork-Presbyterian have roughly two weeks to reach an agreement or thousands of Medicare Advantage members could be forced to find care elsewhere.
Smith previously played young Nala in "The Lion King" on Broadway.
The singer said an MRI showed a cancerous spot on one of his lungs after he recovered from a lengthy bout of bronchitis.
Comedian and actor Bowen Yang performed his final sketch on "SNL" Saturday night, after announcing his unexpected mid-season exit from the show.
A judge Friday voided the conviction of one of the two men found guilty of the 2002 killing of Run-D.M.C. star Jam Master Jay.
The special features interviews with Kathy Bates, Annette Bening, Albert Brooks, Michael Douglas, Kiefer Sutherland, Jerry O'Connell and Mandy Patinkin.
Adam Pelech scored the tiebreaking goal late in the third period, and the New York Islanders beat the New Jersey Devils 2-1 on Tuesday night.
Taylor Raddysh and Alexis Lafreniere scored 68 seconds apart in a five-goal third period for the New York Rangers in a 7-3 win over the Washington Capitals on Tuesday.
Anthony Edwards scored 38 points to help the Minnesota Timberwolves beat former teammate Karl-Anthony Towns for the first time and hold off the New York Knicks 115-104.
Michael Porter Jr. scored 28 points, as the Brooklyn Nets beat the Philadelphia 76ers 114-106.
The Mets jettisoned another core player Monday, trading second baseman Jeff McNeil to the Athletics for minor league right-hander Yordan Rodriguez.
Drumming, dance and hands-on workshops marked the 18th year the Brooklyn Children's Museum is hosting what leaders call New York City's largest family Kwanzaa festival.
Federal funding cuts have left local organizations struggling to meet growing needs, prompting a borough-wide fundraising push to support food access, housing and other essential services.
What began as a middle school project has grown into hundreds of handwritten messages left across New York City, offering encouragement to strangers and revealing how a small gesture can resonate for weeks.
NYC says center-running bus lanes will speed up commutes and improve safety on one of Brooklyn's busiest corridors, but critics aren't so sure.
Nine Brooklyn Football Club partner bars are collecting shelf-stable food and winter coats to benefit 10 local schools.
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.
Craig Allen and Ashton Altieri have the Tri-State Area's updated winter storm forecast on CBS News New York.
New Yorkers have been bracing for treacherous conditions from the winter storm. CBS News New York's Adi Guajardo reports.
The winter storm pelted New Jersey with heavy bands of snow, sleet and freezing rain, putting state officials on high alert. CBS News New York's Andrew Ramos reports.
Ashton Altieri has the Tri-State Area's updated First Alert Forecast on CBS News New York.
Ashton Altieri has the Tri-State Area's updated winter storm forecast on CBS News New York.
