Watch CBS News

Shoppers impacted as feds raise interest rates

With inflation at a 40-year high, the feds raise interest rates 0.75 percent, and that means it will cost more to borrow money. CBS2's Dick Brennan explains how it impacts shoppers.

Jul 28, 2022 (02:16)

Cornell University students demand accountability by school administration

Cornell University students demand accountability by school administration

New York Waterway ferry hits part of pier, shattering windows

New York Waterway ferry hits part of pier, shattering windows

First Alert Weather: Sunny Wednesday in New York - 10/6/26

First Alert Weather: Sunny Wednesday in New York - 10/6/26

How DBS helped treat a CBS News New York sports producer's Parkinson's disease

How DBS helped treat a CBS News New York sports producer's Parkinson's disease

Video shows aftermath of fiery wrong-way crash on Henry Hudson Parkway

Video shows aftermath of fiery wrong-way crash on Henry Hudson Parkway

Mom dead, infant critically hurt after being thrown from 15th-floor balcony, NYPD says

Mom dead, infant critically hurt after being thrown from 15th-floor balcony, NYPD says

Paramount closes $110 billion deal to acquire Warner Bros. Discovery

Paramount closes $110 billion deal to acquire Warner Bros. Discovery

Cyclist killed in Central Park crash slammed brakes to avoid hitting dog, police say

Cyclist killed in Central Park crash slammed brakes to avoid hitting dog, police say

Christa Pike awake, speaking after failed execution, officials say

Christa Pike awake, speaking after failed execution, officials say

Joe McLaughlin shares his journey with Parkinson's disease and DBS | Full special

Joe McLaughlin shares his journey with Parkinson's disease and DBS | Full special

R&B singer Freddie Jackson has died at age 70

R&B singer Freddie Jackson has died at age 70

“A Few Good Men” revival takes stage at Lincoln Center

“A Few Good Men” revival takes stage at Lincoln Center

Man arrested in fatal hit-and-run crash on Long Island

Man arrested in fatal hit-and-run crash on Long Island

Legionnaires’ meeting held in Queens after 2 confirmed cases

Legionnaires’ meeting held in Queens after 2 confirmed cases

Madison Square Garden unveils food available for 2026-27 season

Madison Square Garden unveils food available for 2026-27 season

2 confirmed Legionnaires’ cases prompt investigation at Staten Island complex

2 confirmed Legionnaires’ cases prompt investigation at Staten Island complex

NYC testing gated school street in Lower Manhattan

NYC testing gated school street in Lower Manhattan

Charges upgraded for unlicensed Bronx practitioner in fatal anti-aging injection case

Charges upgraded for unlicensed Bronx practitioner in fatal anti-aging injection case

Williamsburg nonprofit fights to preserve affordable housing

Williamsburg nonprofit fights to preserve affordable housing

Argentina’s soccer icon Lionel Messi plays final match for national team

Argentina’s soccer icon Lionel Messi plays final match for national team

First Alert Weather: Sunny and 67 on Wednesday

First Alert Weather: Sunny and 67 on Wednesday

Woman sentenced for killings of 3 men in NYC drug-and-robbery spree

Woman sentenced for killings of 3 men in NYC drug-and-robbery spree

Man who allegedly caused 4-car crash in N.J. was being pursued by police, officials say

Man who allegedly caused 4-car crash in N.J. was being pursued by police, officials say

Mother, 8-month-old daughter pushed from 15th-floor balcony of Bronx building, police say

Mother, 8-month-old daughter pushed from 15th-floor balcony of Bronx building, police say

CBS News 24/7

CBS News 24/7

CBS News Mornings

CBS News Baltimore

CBS News Baltimore

WJZ News 5am

CBS News Bay Area

CBS News Bay Area

The Late News with Sara Donchey

CBS News Boston

CBS News Boston

WBZ This Morning 5am

CBS News Chicago

CBS News Chicago

Latest Chicago News & Headlines

CBS News Colorado

CBS News Colorado

Latest Colorado News & Headlines

CBS News Detroit

CBS News Detroit

CBS News Detroit 5am

CBS News Los Angeles

CBS News Los Angeles

CBS News Los Angeles 11pm

CBS News Miami

CBS News Miami

CBS News Miami 5am

CBS News Minnesota

CBS News Minnesota

CBS News National

CBS News New York

CBS News New York

CBS News New York This Morning

CBS News Philadelphia

CBS News Philadelphia

CBS News Philadelphia 5am

CBS News Pittsburgh

CBS News Pittsburgh

KDKA-TV Morning News 5am

CBS News Sacramento

CBS News Sacramento

CBS13 News 11pm

CBS News Texas

CBS News Texas

CBS News Texas 10pm