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.
The DMV and the NYPD are investigating a Brooklyn auto repair shop after multiple CBS News New York Investigates reports.
A minor electrical issue forced Air Force One to turn around and return to the U.S. less than an hour after takeoff as it was headed for Switzerland with President Trump aboard, White House officials said.
New York Gov. Kathy Hochul on Tuesday proposed a record $260 billion election-year budget.
Advocate groups for 9/11 victims say federal staffing cuts and a hiring freeze are making it more difficult for first responders to get help from Zadroga Act programs.
A New Jersey family has been reunited with their beloved dog that was lost when their car was stolen.
The DMV and the NYPD are investigating a Brooklyn auto repair shop after multiple CBS News New York Investigates reports.
New York Gov. Kathy Hochul on Tuesday proposed a record $260 billion election-year budget.
NYPD body cam video shows officers chase down and arrest a robbery suspect in Queens last week.
Police are looking for the suspect who allegedly punched an MTA conductor on a Queens subway platform.
Jury selection is set to begin Tuesday in the trial of luxury real estate brokers Oren and Tal Alexander and their brother Alon on sex trafficking charges.
Dangerously cold weather is gripping the Tri-State Area with little relief as the frigid temperatures continue into the weekend.
Many dangers lurk when the temperature plummets, including hypothermia, frostbite and even a heart attack.
The weekend of snow in the New York City area finally wrapped up overnight, but don't let it fool you. Temperatures are about to plummet.
Snow fell in New York City and across the Tri-State Area on Sunday morning and evening, leaving a good amount to measure in its wake.
David Grullon Jr. killed a 34-year-old Connecticut man after he fired a gun and the bullet went through the wall.
A New Jersey family has been reunited with their beloved dog that was lost when their car was stolen.
The New York Giants officially introduced their new head coach John Harbaugh Tuesday.
Dangerously cold weather is gripping the Tri-State Area with little relief as the frigid temperatures continue into the weekend.
Mikie Sherrill was inaugurated on Tuesday morning in Newark, becoming the first Democratic woman to hold New Jersey's highest office.
Many dangers lurk when the temperature plummets, including hypothermia, frostbite and even a heart attack.
Dangerously cold weather is gripping the Tri-State Area with little relief as the frigid temperatures continue into the weekend.
The weekend of snow in the New York City area finally wrapped up overnight, but don't let it fool you. Temperatures are about to plummet.
Snow fell in New York City and across the Tri-State Area on Sunday morning and evening, leaving a good amount to measure in its wake.
A Long Island nurse was seen on a nanny camera hitting a non-verbal child that he was caring for, leaving bruises on the boy's body.
The first of this weekend's two rounds of snow blanketed the Tri-State Area on Saturday.
A minor electrical issue forced Air Force One to turn around and return to the U.S. less than an hour after takeoff as it was headed for Switzerland with President Trump aboard, White House officials said.
New York Gov. Kathy Hochul on Tuesday proposed a record $260 billion election-year budget.
Advocate groups for 9/11 victims say federal staffing cuts and a hiring freeze are making it more difficult for first responders to get help from Zadroga Act programs.
President Trump spoke in the White House briefing room for nearly two hours on Tuesday, marking the first year of his second term before departing for a high-pressure trip to Europe.
Mayor Zohran Mamdani and Vermont Sen. Bernie Sanders joined striking New York City nurses on the picket line Tuesday.
Mayor Zohran Mamdani and Vermont Sen. Bernie Sanders joined striking New York City nurses on the picket line Tuesday.
New York City's largest nurses strike is now in Week 2 and it appears negotiations toward a deal remain at a standstill.
Negotiators for major New York City hospitals and the state nurses union returned to the bargaining table as the city's largest nurses strike enters a fifth day.
Nurses continue to hold the picket line as the largest nurses' strike in New York City history is on its third day with no end in sight.
Nurses say health care benefits and workplace safety are their main reasons for striking, and are refusing to go back to work until their demands are met.
Kianna Underwood, a former Nickelodeon child actress, was identified as the woman killed in a hit-and-run in Brooklyn.
John Forté, the Grammy-nominated musician known for his work with the Fugees, was found dead in his home in Massachusetts.
The 2026 Golden Globes honored the standouts in both film and television from last year. See the full list of winners and nominees.
Here is everything you need to know about how to watch and stream the 2026 Golden Globes.
Bob Weir wrote or co-wrote and sang lead vocals on Grateful Dead classics including "Sugar Magnolia," "One More Saturday Night" and "Mexicali Blues."
Carlos Beltrán was a nine-time All-Star during his 20-year MLB career. Andruw Jones was a five-time All-Star and won 10 Gold Gloves.
The New Jersey Devils defeated the Calgary Flames 2-1 in an overtime game on Monday night.
The New York Islanders defeated the Vancouver Canucks 4-3 on Monday night in Canada.
The New York Giants officially introduced their new head coach John Harbaugh Tuesday.
Alex Killorn broke a second-period tie, rugged newcomer Jeffrey Viel scored his first goal of the season and the Anaheim Ducks beat the New York Rangers 5-3 on Monday night.
Puppet shows, peaceful protests and acts of service helped families reflect on Dr. Martin Luther King Jr.'s legacy through a child's perspective.
Nearly 100 tenants from three different buildings managed by A&E Real Estate on the Upper West Side rallied on Monday.
A group in Queens has banded together to revive landlines and give their children a simpler way to socialize.
A city-approved plan to rezone a stretch of Atlantic Avenue is expected to bring thousands of new apartments to Brooklyn, but tenant advocates say the deal falls short for lower-income residents and could accelerate displacement.
A three-year pilot run by the Brooklyn Justice Initiative and the Mayor's Office of Criminal Justice aims to improve court compliance and reduce recidivism by meeting participants where they live.
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.
Tuesday marked one year since President Trump took the oath of office for a second time. CBS News New York's Ali Bauman has more on the president's message and how it's being received.
Tuesday was a big day for Giants fans as John Harbaugh was introduced as the new head coach. CBS News New York's Otis Livingston was there for the start of the new era for Big Blue.
A New Jersey family has been reunited with their beloved dog that was lost when their car was stolen.
For more than a year, CBS News New York investigative reporter Tim McNicholas has been reporting on a Brooklyn auto repair shop accused of holding cars hostage and not completing repairs. Now, the DMV and the NYPD are getting involved.
The inaugural ball for New Jersey Gov. Mikie Sherrill was held at the American Dream Mall on Tuesday night.