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.
Cleanup efforts are underway after a tornado struck Atlantic Beach on Long Island Thursday evening.
Gerrit Cole pitched six sharp innings, and the New York Yankees completed a three-game sweep in Baltimore with a 6-1 victory over the Orioles.
The DSNY reported an increase in needle stick injuries for New York City sanitation workers.
Damage from a tornado and Thursday's storms has prompted a state of emergency in Nassau County, officials say.
Disturbing attacks by two dogs were caught on camera in the Dix Hills neighborhood on Long Island.
The DSNY reported an increase in needle stick injuries for New York City sanitation workers.
Damage from a tornado and Thursday's storms has prompted a state of emergency in Nassau County, officials say.
Disturbing attacks by two dogs were caught on camera in the Dix Hills neighborhood on Long Island.
The New York City Council is considering a new bill to address the city's backlog of emergency calls as some say the situation has reached critical mass.
This year, Westchester's Annual 9/11 Day of Service will expand to four days, taking place from Sept. 8-11.
Rainy weather returns to the New York City area Sunday, bringing with it the threat of flooding.
Bayonne, New Jersey, is heading to the Little League World Series after beating Darien, Connecticut, in the Metro Region Tournament on Friday.
We're in great shape on this Friday as we gear up for another weekend.
The potential for severe storms and downpours returns to the Tri-State Area Monday as sweltering temperatures continue.
Monday will be a First Alert Weather Day due to the possibility of afternoon and evening thunderstorms and high heat indices near 100 degrees.
Bayonne is still riding the high from Wednesday night's Little League World Series game, where the boys beat Massachusetts 2-1.
Bayonne, New Jersey, is advancing to the next round of the Little League World Series.
Researchers say an alarming study on cognitive decline is specific to the African American community in Newark, New Jersey.
A former New Jersey correctional police officer pleaded guilty to smuggling contraband into Northern State Prison, Attorney General Jennifer Davenport announced Wednesday.
As we approach the 25th anniversary of the Sept. 11, 2001, terror attacks, there is an ongoing fight to repair Jersey City's memorial for the victims.
Cleanup efforts are underway after a tornado struck Atlantic Beach on Long Island Thursday evening.
The National Weather Service has confirmed a tornado touched down on Atlantic Beach during Thursday's massive storms. CBS News New York's Elijah Westbrook reports.
"Yesterday, at approximately 7:11 p.m., we had a tornado touched down here in Atlantic at the Sun and Surf Beach Club," Nassau County Executive Bruce Blakeman said at a news conference Friday morning. Watch his full news conference
Dozens of cabanas at a popular Long Island beach club were damaged or destroyed Thursday by a possible tornado, officials say. CBS News New York's Adi Guajardo reports.
Inwood Fire Chief Josiyah Green provided an update Thursday evening on possible tornado damage in Nassau County.
A New York woman is accused of plotting "a major attack" on the state Capitol building in Albany, authorities said Thursday.
The Democratic National Committee is on the hunt for the best host city for the 2028 Democratic convention.
As we approach the 25th anniversary of the Sept. 11, 2001, terror attacks, there is an ongoing fight to repair Jersey City's memorial for the victims.
President Trump said Tuesday that the U.S. and Canada have reached a last-minute agreement to pause the 50% tariffs.
The New York City Council held an hours-long hearing Tuesday afternoon on the controversial new pied-à-terre tax rollout.
A New Yorker has tested positive for West Nile virus, the city health department announced Wednesday.
Researchers say an alarming study on cognitive decline is specific to the African American community in Newark, New Jersey.
Moderna and Merck announced study results that reflect a "landmark moment" in treatment for one of the deadliest forms of skin cancer.
Two more deaths have been reported in connection to the Legionnaires' disease cluster on the Upper East Side, health officials said Friday.
Jones Beach is back open for swimmers after it was prohibited due to elevated bacterial levels. The rare shutdown took place from Thursday afternoon through midday Friday.
"Today, Elwood and I lost a great friend and collaborator, and the world lost one of the most naturally innovative drummers and a great and true son of Texas," ZZ Top's Billy Gibbons said in a statement.
Brian Hickerson and his brother, Zach, made the 911 call that brought first responders to the apartment where Hayden Panettiere was found unresponsive.
Hayden Panettiere, who starred in "Remember the Titans" as a child actor and rose to fame in the series "Heroes," has died at the age of 36. The coroner's office says she was found in cardiac arrest.
The lineup for the 2026 Global Citizen Festival in New York City was announced Thursday.
Latin music stars Marc Anthony, Feid, and others are set to perform at a benefit concert in Miami on August 16.
Gerrit Cole pitched six sharp innings, and the New York Yankees completed a three-game sweep in Baltimore with a 6-1 victory over the Orioles.
Bayonne is still riding the high from Wednesday night's Little League World Series game, where the boys beat Massachusetts 2-1.
MLS-leading Nashville SC pulled out a 1-0 victory over the New York Red Bulls on Wednesday night.
FC Cincinnati beat New York City FC 2-1 on Wednesday.
Pete Alonso's drive down the left-field line in the seventh inning was ruled foul, and the New York Yankees took advantage of that reprieve, scoring twice in the top of the eighth to beat the Baltimore Orioles 5-3 on Wednesday night.
The DSNY reported an increase in needle stick injuries for New York City sanitation workers.
A Queens homeowner says that overgrown city trees on her block are creating a safety hazard at night.
Neighbors say Flushing Meadows Corona Park has been falling into disrepair for years.
The owner of a beloved Harlem food truck known for its burgers under $5 is retiring and selling the business.
The historic Art Deco bathhouse at Jacob Riis Park is getting a new life as the Rockaway Ocean Club. But as the long-dormant building reopens, some locals are questioning who will have access to its amenities.
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 National Weather Service has confirmed a tornado touched down on Atlantic Beach during Thursday's massive storms. CBS News New York's Elijah Westbrook reports.
CBS News New York's Tony Sadiku has a look at the First Alert Weather forecast.
"Yesterday, at approximately 7:11 p.m., we had a tornado touched down here in Atlantic at the Sun and Surf Beach Club," Nassau County Executive Bruce Blakeman said at a news conference Friday morning. Watch his full news conference
CBS News New York's Lonnie Quinn has your First Alert Forecast for August 20 at 11 p.m.
A potential ISIS-inspired terrorist attack in Albany was foiled by the FBI. Now, a woman is under arrest. CBS News New York's Dick Brennan reports.