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.
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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.
An Upstate New York woman says she paid $3,300 for a car she never received. When she refused to pay for a car she said she didn't have, she says her credit started taking a hit.
Jalen Brunson scored 27 of his 35 points in the first half and the Knicks emphatically overwhelmed the 76ers 137-98 on Monday night in Game 1 of the Eastern Conference semifinals.
Aaron Judge put the Yankees ahead in the first inning with his major league-leading 14th home run as part of a four-RBI night, and they went on to rout the Orioles 12-1 on Monday for a four-game sweep.
Carson Benge homered leading off the sixth inning for the Mets' first hit against Tomoyuki Sugano, and they went on to beat the skidding Rockies 4-2 on Monday.
Sunday's 14-alarm fire in Belleville, New Jersey, took out an entire block. Several dozen fire departments were needed to put out the blaze.
Jalen Brunson scored 27 of his 35 points in the first half and the Knicks emphatically overwhelmed the 76ers 137-98 on Monday night in Game 1 of the Eastern Conference semifinals.
Synagogues, homes and a car in Queens were all targeted with antisemitic graffiti overnight.
Rihanna, Sabrina Carpenter, Madonna, and Beyoncé all wore their best looks to celebrate the "Costume Art" theme at the 2026 Met Gala. Here are some of the best moments, photos, and more from the night.
Murders in New York City hit a record low for the first four months of 2026, the NYPD said Monday. It comes amid a citywide drop in major crime of 9.5%, police said.
Brooklyn College announced Monday it will indeed have graduating seniors walk across the stage during their May 28 commencement ceremony at the Barclays Center.
A cool weekend is ahead for the New York City area before warmer weather returns.
Some residual showers may linger into early Sunday morning, but the majority of the rainfall should be over by sunrise.
Amtrak announced Thursday it is suing Metro-North for allegedly blocking nonrevenue trains on a portion of the busy Northeast Corridor for over two months.
The Tri-State Area has the dirtiest air in the U.S. east of Texas, according to The American Lung Association's newly released "State of the Air" report.
Colder weather returns to the New York City area this week with sub-freezing temperatures in the suburbs.
Sunday's 14-alarm fire in Belleville, New Jersey, took out an entire block. Several dozen fire departments were needed to put out the blaze.
The NTSB on Monday interviewed the flight crew from the United Airlines plane that struck a light pole and a truck on the New Jersey Turnpike before landing safely at Newark Liberty Airport on Sunday.
With support from NFL teams in Philadelphia and New York, New Jersey has approved flag football for high school girls.
An 8-year-old boy is recovering after being attacked by a beaver in Mahwah, New Jersey.
A single ride on the PATH train will now cost $3.25, an increase of 25 cents to help fund a multi-million dollar system upgrade.
Police identified the suspect in the deadly stabbing of two women on Long Island, saying he lived with one of them and worked with the other.
A suspect is in custody after two people were stabbed to death on Long Island early Friday morning, Nassau County police said.
Suffolk County officials say contamination from a former Grumman Navy site is far worse than previously acknowledged and is still spreading.
The Suffolk County Police Department has converted a seized 2020 Corvette Stingray Coupe into a full-fledged police car, with lights and siren, to raise awareness about driving while under the influence.
Residents said anti-Muslim vandalism was found on at least eight stop signs in the area of Carto Circle in Deer Park.
Murders in New York City hit a record low for the first four months of 2026, the NYPD said Monday. It comes amid a citywide drop in major crime of 9.5%, police said.
The 81-year-old former New York City mayor has been hospitalized for pneumonia, his spokesperson said.
Several people were arrested Saturday night when a large crowd gathered outside a Brooklyn hospital after ICE agents detained a man, according to the NYPD.
Thousands rallied on International Workers' Day across the five boroughs, including on Wall Street, where hundreds blocked the New York Stock Exchange.
President Trump said earlier this week he was reviewing the possible reduction of troops in Germany, which hosts more than 35,000 U.S. service members.
Keyport residents say they're on edge because of dozens of cancer cases over the years in a neighborhood near the former Aeromarine landfill.
The B.R.O. Experience Foundation uses cognitive behavioral therapy, mentorship and creative expression to support men of color navigating identity.
Travelers at Newark Airport may have been exposed to an individual with measles, New Jersey health officials warn.
The Tri-State Area has the dirtiest air in the U.S. east of Texas, according to The American Lung Association's newly released "State of the Air" report.
The 16th Annual Lustgarten Foundation New York City Walk for Pancreatic Cancer Research was held Sunday in Battery Park City.
Rihanna, Sabrina Carpenter, Madonna, and Beyoncé all wore their best looks to celebrate the "Costume Art" theme at the 2026 Met Gala. Here are some of the best moments, photos, and more from the night.
Firefighters responded to Broadway's Eugene O'Neill Theater Monday morning after a blaze broke out.
The 2026 Met Gala's dress code is "Fashion is Art," which goes hand-in-hand with the theme of "Costume Art."
The 2026 Met Gala's theme, "Costume Art," aims to make the connection between fashion and art.
"The Ed Sullivan Show" on CBS brought the evolution of rock music into America's living rooms. More than 50 years after Sullivan died, he's getting the ultimate rock 'n' roll honor.
Jalen Brunson scored 27 of his 35 points in the first half and the Knicks emphatically overwhelmed the 76ers 137-98 on Monday night in Game 1 of the Eastern Conference semifinals.
Aaron Judge put the Yankees ahead in the first inning with his major league-leading 14th home run as part of a four-RBI night, and they went on to rout the Orioles 12-1 on Monday for a four-game sweep.
Carson Benge homered leading off the sixth inning for the Mets' first hit against Tomoyuki Sugano, and they went on to beat the skidding Rockies 4-2 on Monday.
With support from NFL teams in Philadelphia and New York, New Jersey has approved flag football for high school girls.
John Sterling, the longtime play-by-play announcer of the New York Yankees, died at the age of 87, according to sports radio WFAN.
In New York City, where land is at a premium, a stockpile of pristine soil unearthed at construction sites helps lower emissions and support urban farmers.
Have you ever wondered what happens to a restaurant's leftover or unsold food at the end of the day? Food access advocates say it could make a big difference if it were served to the community.
A new report finds a shortage of courts, fields and swimming pools in some New York City neighborhoods.
Residents living near New York City's busiest airports say the noise overhead has escalated from a nuisance to a health concern.
Construction began Tuesday on a major redesign of Flatbush Avenue in Brooklyn.
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.
The stars came out Monday night for fashion's biggest night. Celebrities showed off their creative looks on the steps of the Metropolitan Museum of Art. CBS News New York's Ai Bauman was in the middle of all the excitement on the Upper East Side.
CBS News New York's Lonnie Quinn has your seven-day forecast, including a look at Mother's Day on Sunday.
She said she started getting notices about loan payments, but refused to pay them. Then, her credit started taking a hit. Out of option, she turned to CBS News New York investigative reporter Mahsa Saeidi.
CBS News New York's Allen Devlin heard dramatic stories about how people escaped the blaze in Upper Manhattan.
The Jewish community in Rego Park was left horrified and heartbroken. CBS News New York's Lisa Rozner spoke with one person whose home was targeted.
