Dreaded 'AMT' Tax Has Tri-State Residents Seeing Red
Millions of metropolitan area residents might want to scale back on their Christmas shopping this year because the taxman could be taking a much bigger bite out of your income than you think.
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Millions of metropolitan area residents might want to scale back on their Christmas shopping this year because the taxman could be taking a much bigger bite out of your income than you think.
Did Mayor Michael Bloomberg describe President Barack Obama as the "most arrogant man" he's ever met? Billionaire Rupert Murdoch told the Australian Financial Review that's exactly what Bloomberg said to him.
Late on Thursday afternoon, two years to the date after his election as the 44th president, "60 Minutes" correspondent Steve Kroft sat down with him in the Oval Office - and the mood was different.
After suffering a "shellacking" in the midterm elections, President Obama acknowledges what many have seen as his chief weakness - failing to sell the importance of several legislative milestones to the American people.
Republicans have independents to thank for many of their wins. In 2008, President Obama won 52-percent of the independent vote. That has flipped.
Republicans racked up dozens of victories. As of Wednesday morning they gained six seats in the Senate and 58 seats in the House, more than enough to give the GOP control of the lower house.
American inspectors were expected in Yemen Monday, where investigators said the plot originated, to examine security practices.
The young Yemeni woman arrested on suspicion of mailing the powerful bombs was released on bail Sunday, and a Yemeni official said authorities no longer believe she shipped the bombs.
Sorensen, the studious, star-struck aide to President John F. Kennedy whose crisp, poetic turns of phrase helped immortalize a tragically brief administration, died Sunday.
Yemeni authorities arrested a woman Saturday and searched for other suspects linked to al-Qaida's Persian Gulf faction in the plot to mail bombs powerful enough to down a cargo plane.
President Barack Obama told voters in Bridgeport that in three days they could set the direction of Connecticut and the nation for years to come.
In light of Friday's bomb plot, Kelly revealed the difficulty of the screening cargo entering the U.S. "Some of it is screened, but most of it is not screened," Kelly said.
Authorities on three continents thwarted multiple terrorist attacks aimed at the United States from Yemen on Friday.
Americans, and especially New Yorkers, have been grappling with one terror attempt after another for decades. Will it ever stop, or is what happened Friday simply an inevitable reality?
The new health care law wasn't supposed to undercut employer plans that have provided most people in the U.S. with coverage, but last week a leading manufacturer told workers their costs will jump partly because of the law.
There are new predictions that as many as 100 seats held by Democrats in the House of Representatives could be won by Republicans, and that includes 10 seats in New York.
For the third time in about a month, Connecticut's Democratic U.S. Senate candidate Richard Blumenthal is looking to the White House for campaign support.
The mayor has been traveling around the country this election season endorsing candidates and backing issues, and there are more trips in prospect.
Friday night, a dangerous tangle of power lines, a crushed gate, and carved up tree limbs blocked the front door of a home on 215th street in Hollis, Queens.
With no increase in Social Security, the White House said it's pushing Congress to give seniors, veterans and the disabled a $250 bonus check. Seniors in New York say they desperately need it.
President Obama has declared a major disaster in New York City following last month's deadly storm that spawned two devastating tornadoes, killing one woman and causing massive damage.
The man arrested for streaking at a rally for President Obama over the weekend was apparently trying to win a $1 million Internet challenge.
At the end of the President's speech, video posted on the internet shows what appears to be a book thrown at him.
Robert Burck, the man known as the Naked Cowboy, was all buttoned Wednesday up as he announced his intentions to run for president in 2012.
Americans could be facing a European travel alert by Sunday. The Obama administration is considering issuing the advisory over concerns that al-Qaida is planning to attack some European cities.
Con Ed blamed the Bushwick power outage on snow and road salt mixing together and seeping into its ground equipment.
Lindsey Vonn, who came out of retirement to compete in the Milano Cortina Games, is in stable condition after her crash.
An Extreme Cold Advisory is in effect across New York, New Jersey and Connecticut as high winds and bitter temperatures sweep the region.
Former House Speaker Nancy Pelosi plans to endorse Jack Schlossberg, John F. Kennedy's grandson, a source familiar confirmed to CBS News.
Terrance Gore, a former outfielder and three-time World Series champion known for his blazing speed on the base paths, has died at 34 years old, according to Major League Baseball officials.
Con Ed blamed the Bushwick power outage on snow and road salt mixing together and seeping into its ground equipment.
An Extreme Cold Advisory is in effect across New York, New Jersey and Connecticut as high winds and bitter temperatures sweep the region.
New York City officials are expanding efforts to make sure all residents stay safe during Saturday night's dangerously cold conditions.
Mayor Zohran Mamdani issued an executive order he says will protect New Yorkers from "abusive immigration enforcement" by the Trump administration.
New York City police are searching for three suspects accused of trying to break into homes on Staten Island and in one case stealing a luxury car.
An Extreme Cold Advisory is in effect across New York, New Jersey and Connecticut as high winds and bitter temperatures sweep the region.
A Connecticut man was arrested after allegedly driving drunk in the Bronx and hitting pedestrians on a sidewalk Friday.
Parts of New York and Connecticut could see snow Friday into Saturday. A First Alert Weather Day is in effect for the weekend due to dangerously cold temperatures.
Bundle up — New York City and the Tri-State Area's stretch of dangerously cold weather continues, and it's sticking around longer than anyone would like.
New York, New Jersey and Connecticut were pivotal during America's birth. This year, as the nation celebrates its 250th birthday, CBS News New York is highlighting the hidden history in our own back yard.
An Extreme Cold Advisory is in effect across New York, New Jersey and Connecticut as high winds and bitter temperatures sweep the region.
New York City and the Tri-State Area are preparing for what is expected to be the coldest weather of the season so far this weekend.
The Democratic primary race for the Congressional seat vacated by Gov. Mikie Sherrill is too close to call.
Gateway Tunnel construction may resume after a federal judge temporarily blocked President Trump's funding freeze for New York and New Jersey's $16 billion infrastructure project.
The entire Tri-State Area will be under an Extreme Cold Warning as dangerously cold temperatures settle in, along with some snow.
An Extreme Cold Advisory is in effect across New York, New Jersey and Connecticut as high winds and bitter temperatures sweep the region.
A Long Island man accused of driving drunk and killing a Nassau County police officer appeared in court Friday. Matthew Smith entered a not guilty plea.
The entire Tri-State Area will be under an Extreme Cold Warning as dangerously cold temperatures settle in, along with some snow.
The goal is to get patients drunk and high at a new research lab on the border of Nassau County and Queens.
The Patchogue-Medford School District said in a letter that the Suffolk County Department of Health alerted them about an infectious person in the school community.
Former House Speaker Nancy Pelosi plans to endorse Jack Schlossberg, John F. Kennedy's grandson, a source familiar confirmed to CBS News.
Mayor Zohran Mamdani issued an executive order he says will protect New Yorkers from "abusive immigration enforcement" by the Trump administration.
President Trump late Friday addressed a video posted to his social media account that included a racist depiction of Barack and Michelle Obama as apes, telling reporters he didn't see the part that showed the former president and first lady.
New York City and the Tri-State Area are preparing for what is expected to be the coldest weather of the season so far this weekend.
The Democratic primary race for the Congressional seat vacated by Gov. Mikie Sherrill is too close to call.
Mount Sinai Health System and Anthem Blue Cross Blue Shield failed to reach a contract agreement by Dec. 31, which means about 9,000 physicians are no longer considered in-network.
Brooklyn's Green-Wood Cemetery is set to become the first on the East Coast to offer human composting.
The goal is to get patients drunk and high at a new research lab on the border of Nassau County and Queens.
The Patchogue-Medford School District said in a letter that the Suffolk County Department of Health alerted them about an infectious person in the school community.
Day 25 of the New York City nurses strike saw protests, arrests and some progress in the negotiations.
Brad Arnold, the founder and lead singer of the 3 Doors Down has died following "his courageous battle with cancer," the rock band announced Saturday on social media.
Two-for-one tickets are returning for New York City's Off-Broadway Week.
The sheriff says the note was sent to a local Arizona news station, which agreed not to report on it, following the disappearance of "Today" show co-host Savannah Guthrie's mother, Nancy Guthrie.
Chuck Negron, a founding member of Three Dog Night whose lead vocals powered a string of hits for one of the top rock acts of the late 1960s and early '70s has died. He was 83.
Popular singer-songwriter Noah Kahan will be bringing his tour to New York City this summer. "The Great Divide" tour will stop at Citi Field on July 18.
Lindsey Vonn, who came out of retirement to compete in the Milano Cortina Games, is in stable condition after her crash.
Terrance Gore, a former outfielder and three-time World Series champion known for his blazing speed on the base paths, has died at 34 years old, according to Major League Baseball officials.
The Nets used an 80-point first half to beat the short-handed Wizards 127-113 on Saturday.
Ryan's father led the Jets from 2009-14, including back-to-back appearances in the AFC Championship Game.
Daniss Jenkins scored 18 points in his last game as a two-way player and the Detroit Pistons routed New York 118-80 on Friday night to end the Knicks' winning streak at eight games.
After their building managers were arrested on fraud charges, tenants in Queens say their apartments were left in chaos.
Harlem's Schomburg Center for Research in Black Culture centennial anniversary began last year, and 2026 marks 100 years since the library became owner of its namesake's personal collection, making it a full-fledged research center.
Brooklyn's Green-Wood Cemetery is set to become the first on the East Coast to offer human composting.
Dozens of middle school girls celebrated National Girls and Women in Sports Day at the Brooklyn Basketball Training Center on Wednesday.
A group of senior dancers aged 70 and up shine on stage at the Korean Community Services' center in Queens. They practice in Flushing twice a week and perform at events citywide.
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.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Dogs got decked out for the annual Tompkins Square Halloween Dog Parade in New York City's East Village on Saturday.
Cosplayers flooded New York City's Javits Center in October 2024 for the annual New York Comic Con convention.
Vanessa Murdock has the Tri-State Area's updated Sunday afternoon First Alert Forecast on CBS News New York.
John Elliott has the Tri-State Area's updated Sunday afternoon First Alert Forecast on CBS News New York.
When you go shopping, do you prefer the high-tech road of self-checkout or a human cashier? New Yorkers are weighing in.
Andrew Yang ran for president and mayor of New York City. He now has a new book out called "Hey Yang, Where's My Thousand Bucks?" See the full interview with CBS News New York's Marcia Kramer.
In his first few weeks leading New Jersey's second largest city, Mayor James Solomon is dealing with a big snowstorm, ICE arrests and a stunning budget deficit. See the full interview with CBS News New York's Marcia Kramer.
