Final penny pressed at U.S. Mint in Philadelphia
The Treasury Department expects to save $56 million per year on materials by ceasing to make pennies.
Watch CBS News
The Treasury Department expects to save $56 million per year on materials by ceasing to make pennies.
The U.S. Mint reported losing $85.3 million in the 2024 fiscal year that ended in September on the nearly 3.2 billion pennies it produced.
New York Attorney General Letitia James said "this level of access for unauthorized individuals is unlawful, unprecedented, and unacceptable."
The regional lender, whose collapse is the second-biggest bank failure in U.S. history, is the third bank to be seized by regulators since March.
The fight over the nation's debt limit could have very real implications on everything from your 401(k) to Social Security.
Some retail stores are now telling customers to use exact change or pay by credit or debit card.
A new Reuters/IPSOS poll shows two percent of U.S. adults say they received a raise, bonus, or other perk because of recently enacted tax reform legislation.
The priciest condos and luxury high rises in Manhattan sell for well over $20 million, and some of those prices are driven by foreign buyers who occasionally pay in cash.
It's that time again, time to use a lie detector on the people running the country.
It is the time of year when American's file their income taxes, but this year your refund could end up going to somebody else.
On Monday, the Treasury Department sold 553,846,153 shares in AIG on Monday, turning an $18 billion profit on the $32.50 a share price.
Tonight, when Vice President Biden and President Obama address the country the question before them is an obvious one: are we better off than we were four years ago? The answer is equally obvious: YES!
The Treasury invited 20 of the largest banks to a meeting to discuss an upcoming quarterly auction of government debt.
Schneiderman said the working group was created at the request of President Barack Obama and was just getting started on its investigation.
The former superintendent of New Jersey's fourth-largest school district could still get hundreds of thousands of dollars in pension, unused sick leave and vacation time even if he is convicted of bribery and fraud.
The plan would begin with the Treasury Department converting $49 billion in preferred stock it holds in AIG into common shares, according to the report.
Protests unfolded again in Brooklyn after demonstrators took to the streets in opposition to a proposed men's homeless shelter.
Odell Avenue in White Plains is shut down as authorities investigate a device at the scene of a reported transformer explosion.
UConn's jaw-dropping buzzer beater catapulted them to the Final Four.
A man was hospitalized after a shooting Monday afternoon in New York City's Flatiron District, according to the NYPD.
Nerdeen Kiswani, the pro-Palestinian activist targeted in what she calls an assassination plot in NYC, spoke out Monday.
Protests unfolded again in Brooklyn after demonstrators took to the streets in opposition to a proposed men's homeless shelter.
Odell Avenue in White Plains is shut down as authorities investigate a device at the scene of a reported transformer explosion.
A man was hospitalized after a shooting Monday afternoon in New York City's Flatiron District, according to the NYPD.
Nerdeen Kiswani, the pro-Palestinian activist targeted in what she calls an assassination plot in NYC, spoke out Monday.
New York City Mayor Zohran Mamdani announced municipal workers across the city will be able to get free child care at a new center being built.
UConn's jaw-dropping buzzer beater catapulted them to the Final Four.
Bridgeport firefighter Terrence Cramer was killed after his girlfriend's ex shot him in a fit of rage at a Connecticut home, according to an arrest warrant.
Jabari Bush is accused of fatally shooting active-duty Bridgeport Firefighter Terrence Cramer in Shelton, police said.
Warmer weather will return to New York City and the surrounding area soon.
It may not feel like spring right away, but Friday's weather does deliver a clear shift in the air in New York City.
Nerdeen Kiswani, the pro-Palestinian activist targeted in what she calls an assassination plot in NYC, spoke out Monday.
Former New Jersey assemblyman Alberto Courtinho, 56, served for more than five years, representing parts of Newark.
Warmer weather will return to New York City and the surrounding area soon.
Two teenagers are facing charges in connection to a Hackensack, New Jersey, stabbing that sent one of them to the hospital.
A New Jersey family says missteps by school administrators led a 14-year-old to take his own life, but the district denies that claim.
Members and associates of the Riverhead-based 48 Gang are charged with crimes linked to murders, armed robberies and shootings dating back to 2021, prosecutors said.
The St. John's Red Storm played the No. 1 overall seed Duke in the NCAA Tournament's Sweet 16 on Friday night.
Accused Gilgo Beach serial killer Rex Heuermann is likely to change his plea to guilty when he next appears in court, a source with knowledge of the case tells CBS News New York's Carolyn Gusoff.
A second person was arrested Tuesday in connection with a 2021 acid attack on Long Island college student Nafiah Ikram.
High school students are helping residents in assisted living in Long Island, New York feel a bit more confident with makeovers.
Former New Jersey assemblyman Alberto Courtinho, 56, served for more than five years, representing parts of Newark.
New York City Mayor Zohran Mamdani announced municipal workers across the city will be able to get free child care at a new center being built.
Congress has yet to approve funding for the Department of Homeland Security, which has been shut down for over 40 days.
The Europeans also argue that the war in Ukraine is intertwined with the war in Iran due to the cooperation between Russia and Iran.
Organizers estimated that at least 8 million people took part in more than 3,300 "No Kings" events worldwide.
What started as a sinus infection left a Long Island teenager fighting for his life, requiring emergency brain surgery.
Older adults in New Jersey recorded the highest number of suspected overdose deaths in 2025, according to the New Jersey Department of Health.
The first case of mpox clade I has been detected in New York City, health officials said Friday. Of the two types of mpox, clade I is known to cause more severe disease and death.
Heights University Hospital, formerly known as Christ Hospital, shuttered its emergency room Saturday night.
New Jersey Sen. Andy Kim is opening up about his father's Alzheimer's diagnosis in hopes of helping others struggling like him to care for their loved ones.
The price hike raises the cost of the standard plan with ads by $1 per month and the cost of the standard and premium plans by $2.
Savannah Guthrie stepped back from her NBC duties almost two months ago when her mother, Nancy Guthrie, disappeared. The investigation is ongoing.
Rapper Megan Thee Stallion made her Broadway debut Tuesday night, adding some of her own big hits to "Moulin Rouge! The Musical."
CBS News announced Friday that CBS News Radio will be shutting down this spring after nearly 100 years of broadcasting, citing "challenging economic realities."
Bodycam video footage of Justin Timberlake's June 2024 DWI arrest on Long Island was released to the media Friday.
UConn's jaw-dropping buzzer beater catapulted them to the Final Four.
Down by 19 at one point during the game, Hurley said his team "leaned on our resiliency and fortitude" to make a major comeback against Duke in the Elite Eight.
Shai Gilgeous-Alexander scored 30 points, including 10 in the fourth quarter, and the Thunder defeated the Knicks 111-100 on Sunday night.
Jack Hughes finished with two goals and two assists as the Devils rallied for a 5-3 win over the visiting Blackhawks on Sunday night.
Ochai Agbaji scored 18 points in 25 minutes off the bench and the Nets snapped a 10-game losing streak with a 116-99 win over the Kings on Sunday night.
The Center for Brooklyn History showcase examines the Battle of Brooklyn through rare maps, paintings, and historical artifacts from the American Revolutionary War.
From World War II to modern mixology, women in Brooklyn fought for their place behind the bar. This Women's History Month, their legacy continues to influence the city's nightlife.
A new performing arts venue with a focus on immigrant stories is opening in Upper Manhattan this fall. CBS News New York's Noëlle Lilley got an exclusive tour of the construction that will give The People's Theatre its first home in more than 15 years.
Members of the Apollo Theater, where Kiki Shepard left her mark for 15 years, reflect on her legacy after the Harlem icon's death at age 74.
The Rev. Al Sharpton is calling on New York City to help protect the Merchant's House Museum in Manhattan after a recent discovery revealed connections to the Underground Railroad.
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 FBI is in White Plains after police found an apparent explosive device near an apartment building. CBS News New York's Naveen Dhaliwal reports.
The FBI and NYPD say they thwarted a plot by a Hoboken, New Jersey, man to firebomb her home in an undercover operation last week. As CBS News New York's Lisa Rozner reports, the activist says she’s still getting threats.
Protests unfolded again Monday in Brooklyn after demonstrators took to the streets Sunday night in opposition to a proposed men's homeless shelter. CBS News New York's Jennifer Bisram reports.
CBS News New York's Lonnie Quinn has your seven-day forecast, which will feature a bit of a cooldown during the second half of the week.
CBS News New York's Jenna DeAngelis has what you need to know.
