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.
O'Shae Sibley was killed at a Brooklyn gas station in 2023 after an argument turned physical. The suspect is being charged with murder as a hate crime.
Mayor Zohran Mamdani's office is rolling out "Summer in NYC," featuring free or low-cost programs to help kids stay busy this summer and avoid violence.
Protesters gathered Tuesday near Gracie Mansion, accusing Mayor Zohran Mamdani of failing to protect Jewish New Yorkers.
The Yankees clubbed six home runs and every starter in the lineup had at least two hits for the first time in franchise history
Dozens of residents gathered Tuesday to protest an AI data center in Union County, New Jersey.
Protesters gathered Tuesday near Gracie Mansion, accusing Mayor Zohran Mamdani of failing to protect Jewish New Yorkers.
Knicks fans are getting excited and anxious about the upcoming NBA Finals at Madison Square Garden.
A federal appeals court is giving former Columbia University graduate student Mahmoud Khalil more time to fight the Trump administration's efforts to deport him.
A high-ranking member of the NYPD is on modified duty as police in Rockland County investigate his involvement in a shooting incident.
A little-known story of six Chinese passengers who survived the sinking of the Titanic is adding to the legend of the famous shipwreck.
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.
Severe storms caused damage and flooding across New York and New Jersey on Wednesday.
Dozens of residents gathered Tuesday to protest an AI data center in Union County, New Jersey.
Protesters came face-to-face with ICE agents Tuesday outside Delaney Hall immigration detention facility in Newark, New Jersey.
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.
It's back to feeling like spring, and even summer on some days, as warm weather and sunshine return to the New York area.
Protests escalated outside Delaney Hall, an ICE detention center in Newark, after DHS denied Gov. Sherrill's request to enter the facility.
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.
Memorial Day parades and events are taking place all across New York on Monday.
At Jones Beach, Memorial Day Weekend may be more of a washout than beach weather.
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.
New York City Mayor Zohran Mamdani announced a new "block by block" initiative to tackle the city's affordable housing crisis Tuesday morning.
President Trump on Tuesday underwent a "6 month physical" at Walter Reed National Military Hospital, he posted on social media.
Protests escalated outside Delaney Hall, an ICE detention center in Newark, after DHS denied Gov. Sherrill's request to enter the facility.
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.
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.
Knicks fans are getting excited and anxious about the upcoming NBA Finals at Madison Square Garden.
The squad was announced during an event in New York City on Tuesday after U.S. Men's National Team manager Mauricio Pochettino spent months evaluating players to finalize the roster.
Celebrity fans attended the Knicks game in Cleveland as they celebrated a historic win to earn their spot in the NBA Finals.
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.
A new skate park is coming to Mount Prospect Park. The project has the backing of skateboarding legend Tony Hawk.
The money will go towards expanding artificial intelligence literacy for library staff and the public.
Dozens of residents gathered Tuesday to protest an artificial intelligence data center in Union County, New Jersey. CBS News New York's Elijah Westbrook reports.
The man who allegedly killed professional dancer O'Shae Sibley in 2023 is expected to take the stand at his trial Wednesday.
Before Brooklyn had brownstones, a small group of soldiers made a last stand that may have changed American history. CBS News New York's Dick Brennan reports.
