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Key interest rate highest it's been in 15 years

A key interest rate is now the highest it's been in 15 years. CBS2's Tony Aiello has a look at Wednesday's fed decision and how it will hit consumers.

Nov 3, 2022 (01:51)

First Alert Weather: Beautiful fall weekend ahead in New York - 10/23/26

First Alert Weather: Beautiful fall weekend ahead in New York - 10/23/26

Judge denies motion to release man shot by ICE in Marble Hill

Judge denies motion to release man shot by ICE in Marble Hill

Hochul, Blakeman focus on affordability in campaign stops across NYC

Hochul, Blakeman focus on affordability in campaign stops across NYC

Clifton, NJ homeowner taking down iconic Halloween display after city fines

Clifton, NJ homeowner taking down iconic Halloween display after city fines

Brooklyn bar owner says Conan O'Brien encounter changed her life

Brooklyn bar owner says Conan O'Brien encounter changed her life

Police-involved shooting reported in Queens, NYPD says

Police-involved shooting reported in Queens, NYPD says

Tom Hanks to star on Broadway as Jonathan Groff announces new play

Tom Hanks to star on Broadway as Jonathan Groff announces new play

Contract talks stall at Linden, NJ oil refinery, union says

Contract talks stall at Linden, NJ oil refinery, union says

NYC Councilwoman Julie Won says she was detained by IDF during West Bank trip

NYC Councilwoman Julie Won says she was detained by IDF during West Bank trip

Holiday travelers face higher airfare prices this season

Holiday travelers face higher airfare prices this season

MSG uses Knicks championship ring email as phishing test

MSG uses Knicks championship ring email as phishing test

NJ lawmakers propose restrictions on chewing gum over microplastic fear

NJ lawmakers propose restrictions on chewing gum over microplastic fear

Long Island City toddler with rare medical condition gets out-of-this-world wish

Long Island City toddler with rare medical condition gets out-of-this-world wish

What's changing at Forest Hills Stadium under new agreement?

What's changing at Forest Hills Stadium under new agreement?

NY AG Letitia James moves to dismiss challenge to Cornell investigation

NY AG Letitia James moves to dismiss challenge to Cornell investigation

Sunny skies and falling temps expected across NYC region

Sunny skies and falling temps expected across NYC region

NJ Councilwoman investigated over alleged political yard sign theft

NJ Councilwoman investigated over alleged political yard sign theft

Hochul campaigns with Mamdani as governor's race enters final stretch

Hochul campaigns with Mamdani as governor's race enters final stretch

Letter written to firefighter 25 years ago leads to joyful reunion on Long Island

Letter written to firefighter 25 years ago leads to joyful reunion on Long Island

New machines will greet Long Island voters this election

New machines will greet Long Island voters this election

Falling bricks injure 6-year-old girl in Queens

Falling bricks injure 6-year-old girl in Queens

What Lawler and Conley say matters most in NY-17 race

What Lawler and Conley say matters most in NY-17 race

Free Cost of Living Classic soccer tournament returns to Coney Island

Free Cost of Living Classic soccer tournament returns to Coney Island

Fire tears through apartment building in Eastchester in the Bronx

Fire tears through apartment building in Eastchester in the Bronx

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