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.
A federal judge has given a onetime truck and bus driver charged in an assassination plot against an Iranian American writer a 10-year prison sentence.
New York City is in for a busy summer, with several major events taking place, including the World Cup, the NBA Finals, and America's 250th birthday celebrations.
A predatory invasive fish that can survive out of water and even cross the street has been found in a Long Island pond.
This weekend, the fastest boats in the world will turn New York Harbor into a racetrack.
President Trump said Wednesday he expects to attend one of the NBA Finals games at Madison Square Garden.
A federal judge has given a onetime truck and bus driver charged in an assassination plot against an Iranian American writer a 10-year prison sentence.
New York City is in for a busy summer, with several major events taking place, including the World Cup, the NBA Finals, and America's 250th birthday celebrations.
A predatory invasive fish that can survive out of water and even cross the street has been found in a Long Island pond.
This weekend, the fastest boats in the world will turn New York Harbor into a racetrack.
President Trump said Wednesday he expects to attend one of the NBA Finals games at Madison Square Garden.
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.
The New York area is off to a soggy start to the unofficial kickoff of summer with rainy weather this Memorial Day Weekend.
It's a gloomy day with rain lingering across the Tri-State Area as Memorial Day weekend shapes up to be unsettled.
Protesters gathered again Wednesday in front of Delaney Hall immigration detention center in Newark.
After fans reported they may have been misled about where the seats they bought were actually located, the attorneys general of New York and New Jersey are investigating FIFA over World Cup ticketing practices for matches at MetLife Stadium.
The announcement comes after dozens of New Jersey groups petitioned the governor to issue a ban on artificial intelligence data centers.
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.
Dozens of residents gathered Tuesday to protest an AI data center in Union County, New Jersey.
A predatory invasive fish that can survive out of water and even cross the street has been found in a Long Island pond.
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.
There's no vaccine for the Bourbon virus, nor medicine to treat it, according to the U.S. Centers for Disease Control and Prevention.
It's back to feeling like spring, and even summer on some days, as warm weather and sunshine return to the New York area.
The Jones Beach Memorial Day drone show lit up the night sky Monday after it was postponed due to dreary weather over the weekend.
Protesters gathered again Wednesday in front of Delaney Hall immigration detention center in Newark.
The announcement comes after dozens of New Jersey groups petitioned the governor to issue a ban on artificial intelligence data centers.
The ICE facility at 26 Federal Plaza in Lower Manhattan has been at the center of widespread criticism from pro-immigration advocates.
The New York City Council and Mamdani administration are beginning negotiations this week to hammer out the city's budget. The Council's first ask is an increase in funding for the FDNY.
New Jersey's six-day early voting period in the 2026 primary election is underway. Here's a guide with what you need to know.
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.
New York City's Department of Health is evaluating an East Village apartment complex after two residents were diagnosed with Legionnaires' disease over the course of a year.
Thousands of people showed up bright and early for AIDS Walk New York 2026, the largest HIV and AIDS fundraiser in the U.S., in Central Park on Sunday.
A New York doctor who contracted and survived Ebola more than a decade ago says he is worried for healthcare workers who are at the center of treating the latest outbreak.
Sonny Rollins, the legendary tenor saxophonist known for his bold tone and constant experimentation, has died at 95.
Stephen Colbert made a surprise appearance hosting the "Only in Monroe" community access show broadcast in Monroe, Michigan, on Friday, one night after he recorded his final episode of "The Late Show."
Rob Base, the MC whose lyrics lit up the dancefloor classic "It Takes Two" and got countless people moving worldwide, passed away Friday.
"Romeo and Juliet" is being shown at Central Park starting Friday night through June 28. Free tickets can be attained through a lottery.
After nearly a century on the air, CBS News Radio signed off, with the final reports airing on Friday, May 22.
This weekend, the fastest boats in the world will turn New York Harbor into a racetrack.
President Trump said Wednesday he expects to attend one of the NBA Finals games at Madison Square Garden.
After fans reported they may have been misled about where the seats they bought were actually located, the attorneys general of New York and New Jersey are investigating FIFA over World Cup ticketing practices for matches at MetLife Stadium.
The Yankees clubbed six home runs and every starter in the lineup had at least two hits for the first time in franchise history
The Reds beat the Mets 7-2, dropping New York 11 games under .500 — tying a season-high.
Monitor Point proposal in Greenpoint would bring 1,150 apartments, including 460 affordable units, to former industrial waterfront site.
Gold Star families, veterans and thousands of spectators gathered in Bay Ridge to remember those who made the ultimate sacrifice.
The grassroots group pushed for bilingual policing, victim support and anti-gang efforts as Brooklyn's Chinatown rapidly grew.
Advocates estimate one-third of the 200-acre park in Flushing is still without functioning drinking fountains and bathrooms.
Ahead of the 2026 RBC Brooklyn Half Marathon, some athletes are showing how simply reaching the starting line is a victory.
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.
New York Gov. Kathy Hochul signed new legislation that will make city roadways and subways safer.
A man prosecutors say was part of a murder-for-hire plot to kill a Brooklyn journalist has been sentenced to 10 years in prison.
A 17-year-old girl and her 15-year-old brother died after a fire broke out at their Westchester County home early Wednesday morning. CBS News New York's Tony Aiello reports.
CBS News New York's Scott Padgett has your First Alert Forecast for May 27 at 6:15 p.m.
New York City is in for a busy summer, with several major events taking place, including the World Cup, the NBA Finals, and America's 250th birthday celebrations. CBS News New York's Lisa Rozner reports.
