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.
Paterson, N.J., will host a series of watch parties and cultural events to celebrate the FIFA World Cup 2026. The events will bring soccer, music and food together across the city.
Zohran Mamdani will be the first New York City mayor in recent history not to attend the Israel Day Parade this weekend.
The price of a seat for the NBA Finals at Madison Square Garden is soaring. According to StubHub, some courtside tickets are listed for more than $123,000.
Before there was a Brooklyn, there was a flagpole, and since the earliest days of our country, it stood as a symbol of freedom and self-determination.
We all deal with some sort of stress, but for some of us, it can be mentally and emotionally debilitating. A recent Mount Sinai study examines the warning signs.
Zohran Mamdani will be the first New York City mayor in recent history not to attend the Israel Day Parade this weekend.
The price of a seat for the NBA Finals at Madison Square Garden is soaring. According to StubHub, some courtside tickets are listed for more than $123,000.
Before there was a Brooklyn, there was a flagpole, and since the earliest days of our country, it stood as a symbol of freedom and self-determination.
We all deal with some sort of stress, but for some of us, it can be mentally and emotionally debilitating. A recent Mount Sinai study examines the warning signs.
John F. Kennedy International Airport will become one of four airports that will screen passengers traveling from three African countries affected by the Ebola outbreak.
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.
Paterson, N.J., will host a series of watch parties and cultural events to celebrate the FIFA World Cup 2026. The events will bring soccer, music and food together across the city.
Protests continued at Delaney Hall on Thursday for a seventh day in a row after demonstrators clashed with ICE agents overnight.
Protests overnight ended with more clashes, pepper spray and arrests as members of Congress describe dire conditions inside Delaney Hall in Newark.
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.
A sixth grader from Long Island's Sag Harbor died in a rafting accident on a school trip, officials said.
Loved ones of a 7-year-old girl allegedly murdered by her caretaker say they're haunted by how they learned of the little girl's death.
On Long Island, one woman has started a movement showing people just how important it is to smile every day.
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.
Zohran Mamdani will be the first New York City mayor in recent history not to attend the Israel Day Parade this weekend.
DOJ is probing a nonprofit run by billionaire Reid Hoffman that funded a portion of E. Jean Carroll's civil litigation against President Trump, several sources said.
New York City Mayor Zohran Mamdani may be taking a page from President Trump and Elon Musk. Thursday morning, Mamdani announced the creation of a Commission on Government Efficiency, or COGE.
Protests overnight ended with more clashes, pepper spray and arrests as members of Congress describe dire conditions inside Delaney Hall in Newark.
The Justice Department is conducting a criminal investigation into whether author E. Jean Carroll committed perjury in connection with her civil lawsuits against President Trump, sources familiar with the matter said.
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.
Paterson, N.J., will host a series of watch parties and cultural events to celebrate the FIFA World Cup 2026. The events will bring soccer, music and food together across the city.
The price of a seat for the NBA Finals at Madison Square Garden is soaring. According to StubHub, some courtside tickets are listed for more than $123,000.
The NHL Alumni Association announced Claude Lemieux's death. A cause of death was not immediately available, nor was it clear where Lemieux was when he died.
As the World Cup gets closer and closer, nobody is more excited than the staff at Classic Football Shirts New York in Lower Manhattan, a store that literally has something for everyone.
The Mets pieced together a 4-2 victory over the Reds that snapped a five-game losing streak Wednesday night.
Before there was a Brooklyn, there was a flagpole, and since the earliest days of our country, it stood as a symbol of freedom and self-determination.
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.
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.
Paterson, N.J. will host a series of watch parties and cultural events to celebrate the FIFA World Cup 2026. The events will bring soccer, music and food together across the city. CBS News New York's Nick Caloway reports.
Zohran Mamdani will be the first New York City mayor in recent history not to attend the Israel Day Parade this weekend. It's a stark contrast to NYPD Commissioner Jessica Tisch, who will be grand marshal. CBS News New York's Ali Bauman reports.
The price of a seat at Madison Square Garden is soaring. According to StubHub, some courtside tickets are listed for more than $123,000. Lower bowl seats are going for more than $41,000, and even upper level tickets are selling for more than $3,600. CBS News New York's Doug Williams reports.
Before there was a Brooklyn, there was a flagpole, and since the earliest days of our country, it stood as a symbol of freedom and self-determination. As we approach America's 250th birthday, CBS News New York's Hannah Kliger shows us the place where our flag first waved over the town of New Utrecht.
We all deal with some sort of stress, but for some, it can have greater implications and be more mentally and emotionally debilitating. Aside from mental health issues such as anxiety or depression, stress can have also some serious physical implications as well. CBS News New York's Cindy Hsu is breaking the stigma to help us understand the connection and impact stress can have on mental health and physical well-being.
