Stocks cap manic week with best performance since November 2023
Stocks climbed on Friday even as Wall Street analysts warn of a growing trade war between the world's two biggest economies.
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Stocks climbed on Friday even as Wall Street analysts warn of a growing trade war between the world's two biggest economies.
President Trump undergoes his annual physical Friday, but it's the future health of the economy that some analysts are worried about. CBS News' Natalie Brand reports.
China says it is raising tariffs on U.S. goods to 125%, escalating the trade war between the two countries.
Dow, S&P and Nasdaq futures were all in the black, though slightly, even though China announced it was raising its tariffs on U.S. goods again, escalating their trade war.
President Trump says his administration is going to work out trade deals with the countries which have approached him after he announced a sweeping tariffs package last week. This comes as his budget deal, which includes both spending cuts and tax cuts, is now one step closer to becoming law. Erica Brown reports from the White House.
Ben McMillan, Chief Investment Officer at IDX Advisors joins CBS New York to breakdown the U.S. and China tariffs and if a trade war could be brewing.
The president issued a 90-day pause on the tariffs for most countries, except China. But as CBS News' Natalie Brand reports, Beijing has signaled a willingness to talk.
Although China is one of the United State's biggest trading partners, President Trump leveled 125% tariffs on the country, despite pausing them for others. Now with China imposing retaliatory tariffs, what kind of impact could this have on the economy? Bankrate Financial Analyst, Mark Hamrick, breaks down the ongoing trade war.
Investors on overseas financial markets welcomed President Trump's decision to put most of his his sharp tariff hikes on hold for 90 days.
President Trump's aggressive use of tariffs has fueled concerns about the economy and roiled the stock market.
The S&P 500, Dow and Nasdaq surged after President Trump said he was freezing his "reciprocal tariffs" for 90 days.
As Trump leaves China alone in facing high U.S. tariffs, Beijing says "the door to talks is open," but dialogue must come with "mutual respect."
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.
An argument about a person speaking loudly on the phone led to a deadly shooting on a Bronx bus, police sources said.
Nine of the nation's newest air traffic controllers just completed their training in Queens as part of a new program to fight the air traffic controller shortage.
Police say the victim, 17, was attacked by a fellow student following an argument at El Puente Academy for Peace and Justice.
O'Shae Sibley was killed at a Brooklyn gas station in 2023 following an argument. Dmitriy Popov, 20, was convicted of manslaughter as a hate crime and other charges.
A Nordic bar in Soho called KABIN is preparing to host Norway's loyal fans as they return to the tournament for the first time since 1998.
An argument about a person speaking loudly on the phone led to a deadly shooting on a Bronx bus, police sources said.
Nine of the nation's newest air traffic controllers just completed their training in Queens as part of a new program to fight the air traffic controller shortage.
A Nordic bar in Soho called KABIN is preparing to host Norway's loyal fans as they return to the tournament for the first time since 1998.
The NYPD took more than 20 people into custody after a Knicks watch party in the area of Bryant Park became violent.
The Knicks' 13-game win streak may be over, but fans still believe a championship title is on the horizon.
The Stamford Fire Department said high winds ripped the 3,000-square-foot flag off the pole atop the WWE building and sent it flying into electrical wires.
Storms hit the New York City area on Saturday, bringing damaging winds, hail and downpours across the region.
It's unseasonably warm in New York City on Wednesday as humidity adds to the summer-like weather. There's also a slight chance for showers in parts of the Tri-State Area.
It's back to feeling like spring, and even summer on some days, as warm weather and sunshine return to the New York area.
A final round of showers is moving through the New York area in the morning before the rest of the week turns much drier and warmer.
New Jersey Gov. Mikie Sherrill announced the free tickets will go to certain groups, including National Guard members, pediatric hospital patients and healthcare workers, among others.
Rescue crews determined the woman fell down the chute and got stuck on a pile of backed-up trash at the Hackensack apartment building.
Tensions rose once again this weekend outside Delaney Hall in Newark after the mayor scaled back local law enforcement.
For half a century, The Valerie Fund has been dedicated to providing care to children with cancer and blood disorders.
Storms hit the New York City area on Saturday, bringing damaging winds, hail and downpours across the region.
Prosecutors on Long Island announced a crackdown on what they're calling serial shoplifting.
An 18-year-old pleaded guilty Thursday to murder and weapons charges in connection to a deadly shooting at a Long Island house party in 2025.
Storms hit the New York City area on Saturday, bringing damaging winds, hail and downpours across the region.
EPA Administrator Lee Zeldin, who is from Long Island, returned to his home turf Friday to spread the word on what is right with the agency.
A Long Island jury found Steven Schwally guilty of 2nd degree murder for ramming his car into a Deer Park nail salon while drunk.
Donald Trump was booed loudly by fans inside Madison Square Garden when he was shown on video screens during the national anthem prior to Game 3 of the NBA Finals on Monday.
"The people are there to see these two teams play," Bill Bradley said of President Trump's plan to attend Game 3 of the NBA Finals on Monday night.
Leaders of the Penn Station renovation unveiled a bold new design with a soaring Eighth Avenue entrance and bright concourses.
The Trump administration on Monday announced it is seeking to revoke the citizenship of 17 U.S. citizens accused of immigration fraud.
Brad Lander is endorsed by Mayor Mamdani and Rep. Dan Goldman is backed by Gov. Hochul in a race that's turned into one of New York's hottest of 2026.
For half a century, The Valerie Fund has been dedicated to providing care to children with cancer and blood disorders.
A New Jersey nonprofit called The Valerie Fund is celebrating 50 years of providing comprehensive care to children with cancer and blood disorders.
New Jersey Gov. Mikie Sherrill is urging people to donate blood ahead of the summer months.
There's no vaccine for the Bourbon virus, nor medicine to treat it, according to the U.S. Centers for Disease Control and Prevention.
Marie Francillion was diagnosed with lung cancer after she was feeling heartburn and shoulder pain. She said she's able to remain hopeful and spend more time with her family because of a different type of treatment.
"Schmigadoon!" — which was tied for the most nominations, with 12 — won Best Musical, and "Liberation" took home the honor of Best Play at the 2026 Tony Awards.
The Broadway revival of the musical (nominated for 11 Tony Awards) depicts drama, joy and heartbreak in the pursuit of the American Dream at the turn of the 20th century, with parallels to the contemporary world, from issues of race to the immigrant experience.
Madonna performed a surprise concert in Times Square weeks before the release of her "Confessions II" album.
Knicks superfan Spike Lee stopped by CBS Mornings to give his thoughts as the Knicks get set to play in the NBA Finals, and he offered his prediction, too.
The 25th edition of the film and media festival opens on Wednesday, showcasing more than 100 world premiere documentaries and narrative features, as well as short films, live music, podcasts and conversations with leading entertainment figures.
A Nordic bar in Soho called KABIN is preparing to host Norway's loyal fans as they return to the tournament for the first time since 1998.
New Jersey Gov. Mikie Sherrill announced the free tickets will go to certain groups, including National Guard members, pediatric hospital patients and healthcare workers, among others.
The NYPD took more than 20 people into custody after a Knicks watch party in the area of Bryant Park became violent.
The Knicks' 13-game win streak may be over, but fans still believe a championship title is on the horizon.
Victor Wembanyama had 32 points, eight rebounds and six assists in his first NBA Finals win, carrying the Spurs to a 115-111 victory over the Knicks in Game 3 on Monday night.
Harlem's historic Cotton Club recently announced it was up for sale. The news comes as jazz clubs across the borough disappear.
Jasir Gipson was shot by a stray bullet at 5 years old while walking with his mother. More than a decade later, he's graduating from high school with nothing but a smile.
Garbage piling up near freight train tracks is frustrating many Maspeth residents.
Residents and elected officials are urging the MTA to reopen the Long Island Rail Road's former Elmhurst station, arguing that the neighborhood has outgrown its current transit options.
Before there was a Brooklyn, there was a flagpole, and since the earliest days of our country, it stood as a symbol of freedom and self-determination.
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.
Millions of people across the U.S. will have off work on June 19 to observe Juneteenth, but that won't be the case for some workers in Nassau County. CBS News New York's Jennifer McLogan reports.
Both pilots were rescued, but President Trump vowed an American response. CBS News New York's Allen Devlin reports.
More than 20 people were taken into custody and at least five NYPD officers were injured after fans went berserk following the Knicks' loss to the Spurs in Game 3 of the NBA Finals on Monday. CBS News New York's Ali Bauman reports.
James Mercante had the best seat in the house when the Knicks last won the championship. CBS News New York's Alice Gainer reports.
It's another beautiful day with warm temperatures and sunshine but storms could come back to the Tri-State Area later this week. CBS News New York Meteorologist Tony Sadiku has the forecast.
