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.
Jalen Brunson scored 31 points, as the New York Knicks defeated the 76ers, 112-109.
Jason Tucker scored twice and Alex Lyon stopped 26 shots and tied a Buffalo record with his ninth straight victory as the Sabres beat the Islanders 5-0 Saturday.
St. John's rallied from a 16-point deficit in the second half to defeat Xavier 88-83, giving Rick Pitino his 900th victory.
Sherrill said NJ Transit service will stop running during the winter storm on Sunday, when heavy snow is forecast to bury the Tri-State Area.
Federal agents in Minneapolis shot and killed a 37-year-old man in south Minneapolis Saturday morning.
St. John's rallied from a 16-point deficit in the second half to defeat Xavier 88-83, giving Rick Pitino his 900th victory.
Mamdani told New Yorkers to prepare for dangerous winter weather, from heavy snow to frigid temperatures, as the city braces for a major snowstorm.
A fire at a New York City apartment building left at least one person dead and 15 injured, Mayor Mamdani said Saturday.
The NYC area is bracing for a major winter storm that's set to hit the region with heavy snow on top of dangerous, subfreezing weather.
An all-electric air taxi was on display for the public to check out at New York City's Pier 76 on Friday.
The NYC area is bracing for a major winter storm that's set to hit the region with heavy snow on top of dangerous, subfreezing weather.
New Yorkers could see 6-12 inches of snow from Sunday to Monday as feels-like temperatures drop below 0. A winter storm watch has been issued.
A winter storm is headed to the Tri-State Area with heavy snow expected. New Yorkers could see 6-12 inches Saturday night into Monday.
Residents are feeling the cold weather, but there will be a slight break Thursday. All eyes are on the weekend with the possibility of a winter storm.
Dangerously cold weather is gripping the Tri-State Area with little relief as the frigid temperatures continue into the weekend.
Sherrill said NJ Transit service will stop running during the winter storm on Sunday, when heavy snow is forecast to bury the Tri-State Area.
The NYC area is bracing for a major winter storm that's set to hit the region with heavy snow on top of dangerous, subfreezing weather.
New Jersey auto body shops may be expecting to see more business after this weekend's winter storm.
New Jersey Gov. Mikie Sherrill declared a state of emergency as weather forecasts project a major snowstorm this weekend.
New Yorkers could see 6-12 inches of snow from Sunday to Monday as feels-like temperatures drop below 0. A winter storm watch has been issued.
The NYC area is bracing for a major winter storm that's set to hit the region with heavy snow on top of dangerous, subfreezing weather.
The Connetquot Central School District has been threatened with funding cuts unless it reinstates its old mascot name.
New Yorkers could see 6-12 inches of snow from Sunday to Monday as feels-like temperatures drop below 0. A winter storm watch has been issued.
The gang held a Huntington Station neighborhood under siege for years by funding violence through prostitution and sex trafficking, prosecutors said.
Dramatic video from Suffolk County police shows a deer smashing through a bank window and running around as officers try to wrangle it.
Can they plow the snow? It's a question that every New Yorker uses to judge their mayors, and many have failed the test.
New Jersey Gov. Mikie Sherrill declared a state of emergency as weather forecasts project a major snowstorm this weekend.
Staten Island Congresswoman Nicole Malliotakis is vowing to fight a court finding that says the lines of her 11th District are unconstitutional.
New York City is expected to employ remote learning on Monday due to the impending snowstorm.
As officials across New Jersey prepare for this weekend's expected snowstorm, Piscataway says it hasn't received a salt shipment in weeks.
Starting July 1, as many as 450,000 New Yorkers will lose EP coverage and be forced into marketplace health care plans.
Striking New York City nurses returned to the bargaining table Thursday, the New York State Nurses Association said.
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.
Pop superstar Harry Styles will open an unprecedented 30-show residency at Madison Square Garden, starting on Aug. 26 and ending on Oct. 31.
The nominees for the 98th annual Academy Awards were announced Thursday morning, and though "One Battle After Another," "Marty Supreme," "Frankenstein" and "Hamnet" were all nominated for plenty, it was "Sinners" that broke through with a record-smashing 16 nominations.
The FCC is warning that daytime talk shows and late-night programs must give equal time to opposing political candidates, taking aim at a genre of TV that has long drawn President Trump's ire.
The 2026 Songwriters Hall of Fame inductees were revealed on "CBS Mornings" on Wednesday. See the full list.
Channing Tatum is bringing "Magic Mike Live" to New York City, promising to "turn up the gas" on the popular show.
Jalen Brunson scored 31 points, as the New York Knicks defeated the 76ers, 112-109.
Jason Tucker scored twice and Alex Lyon stopped 26 shots and tied a Buffalo record with his ninth straight victory as the Sabres beat the Islanders 5-0 Saturday.
St. John's rallied from a 16-point deficit in the second half to defeat Xavier 88-83, giving Rick Pitino his 900th victory.
The Boston Celtics outlasted the lottery-bound Brooklyn Nets 130-126 in double overtime on Friday night.
Ryan Wedding, a 44-year-old Canadian national, was added to the FBI's Ten Most Wanted Fugitives list last year.
A critical seasonal blood shortage is prompting renewed calls for New Yorkers to donate.
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.
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.
Airlines scrapped more than 3,700 flights Saturday while cancellations for Sunday have soared to more than 8,200 due to this weekend's winter storm. That's the most cancellations for a single day since the start of the COVID pandemic. Ali Bauman reports.
In 2007, a Mamaroneck man was stabbed to death in his own home. The murder weapon was never found, and nearly two decades later, no one has been arrested for the murder. In this episode of "Cold Case with Alice Gainer," she asks who killed Stephen Spina?
CBS News New York's Vanessa Murdock and Scott Padgett have the latest snow total projections throughout the entire Tri-State Area for Sunday's storm.
That's why they moved to suspend all NJ Transit service, and are putting a number of statewide restrictions in place. CBS News New York's Andrew Ramos has more on what you need to know.
CBS News New York's Naomi Ruchim has a look at the city's response plan and how residents are getting ready.
