Stock market plummets after Fed forecasts fewer rate cuts in 2025
The stock market is down sharply today after the Federal Reserve forecast fewer interest rate cuts in 2025 than expected.
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The stock market is down sharply today after the Federal Reserve forecast fewer interest rate cuts in 2025 than expected.
They have been helping Santa Claus transport toys to kids with special needs for more than a decade. But as CBS News New York's John Dias explains, it's one detective's last sleigh ride.
Gov. Kathy Hochul announced Wednesday that she's deploying an additional 250 National Guard troops into New York City's subway system during the busy holiday rush. CBS News New York's Elijah Westbrook reports.
Law enforcement sources say NYPD detectives will be on hand at the court proceeding to make sure Mangione is then transported straight to central booking at the Manhattan Criminal Courthouse. CBS News New York's Ali Bauman reports.
Police are looking for a black Ford Fusion with tinted windows and Pennsylvania license plates. The victim was said to be seriously injured. CBS News New York's Alecia Reid reports.
An attorney for Luigi Mangione, the suspect in the killing of UnitedHealthcare CEO Brian Thompson, says he will waive extradition at his hearing on Thursday.
Gov. Kathy Hochul and MTA Chair Janno Lieber held a news conference Wednesday to announce that 250 more National Guard troops are coming to help support security in the subway system, and that every subway car now is equipped with a camera.
Gov. Kathy Hochul announced 250 more National Guard troops will join the effort to help keep the subways safe as officials announced every subway car now is equipped with a camera.
The Federal Reserve on Wednesday moved to lower its benchmark rate by 0.25 percentage points, but said it plans fewer cuts in 2025.
It comes after the music mogul dropped his bid to be released on bail ahead of his trial on sex trafficking charges, which is set to begin in May.
Sean "Diddy" Combs was back in federal court in Lower Manhattan on Wednesday for a pretrial hearing.
Yao NYC x H&H Bagels are bringing the ultimate fusion of flavors for a limited time—celebrating the classic tradition of Jews enjoying Chinese food on Christmas. Don’t miss out, this collab is only available until December 20th!
The Long Island Expressway reopened after a deadly crash caused major delays for the morning commute.
CBS News New York's John Elliott says temperatures will drop significantly starting Sunday and into Christmas week.
The New York State Museum says the homeowner noticed teeth covered by plants while tending to his property. CBS News New York's Cindy Hsu has the story.
Club Calvi kicks off 2025 with three highly-anticipated books in January: "The Note" by Alafair Burke, "The Stolen Queen" by Fiona Davis and "More or Less Maddy," by Lisa Genova.
Words on a page are just the beginning of getting a book published. It often takes teamwork between an author and a literary agent, like Jane Pek and Julie Barer
Authors Beatriz Williams and Lauren Willig spoke to Mary Calvi about their latest book written with Karen White.
Richard Price, author of "The Wanderers," "Clockers," and "Lush Life," releases the new book "Lazarus Man," his first book nearly 10 years.
Your book choices were: "The Love Elixir of Augusta Stern" by Lynda Cohen Loigman, "How Does That Make You Feel, Magda Eklund?" by Anna Montague, and "Love Can't Feed You" by Cherry Lou Sy.
"The Puzzle Box" is a sequel to "The Puzzle Master," which was voted the CBS New York Book Club's Reader's Choice in June 2023.
Your choices were: "The Love Elixir of Augusta Stern" by Lynda Cohen Loigman, "How Does That Make You Feel, Magda Eklund?" by Anna Montague, and "Love Can't Feed You" by Cherry Lou Sy.
Mary Calvi talks to author Jean Hanff Korelitz about her new book "The Sequel," the follow-up to her bestselling novel "The Plot."
These gifts from Stanley, Apple, AllTrails and more won't bust your budget.
From top-rated smart mugs to cold brew starter kits, we've rounded up the coffee lover presents to gift this Christmas.