Dow soars 1,500 points after Trump win, as investors bank on profits
Donald Trump's victory in the U.S. presidential election could boost economic growth and herald market-friendly policies, according to Wall Street.
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Donald Trump's victory in the U.S. presidential election could boost economic growth and herald market-friendly policies, according to Wall Street.
The peace and quiet of rural Bono, Arkansas, has been shattered by a loud and incessant mechanical buzzing sound created by a bitcoin mine. Residents are HODL.
The focus on cryptocurrency is intensifying after a week of volatility. Crypto, unlike government-issued dollars, is a decentralized digital currency, so the value can go up or down quickly. CBS2's Steve Overmyer has the latest on what's being called a "crypto winter."
Investigators say criminals are using cryptocurrency to launder dirty money with perceived anonymity.
Millions of dollars of the transactions were cashed out through bitcoin ATMs and used to purchase gold and non-fungible tokens as well as more mundane items like Walmart gift cards for personal expenses, prosecutors said.
Experts say never open an unsolicited link, and never make a significant payment without verifying.
Adams says he wants New York to become the global center for cryptocurrency and other financial innovations.
It's a push to court cryptocurrency businesses in New York City.
As the interest in cryptocurrency continues to climb, the safety and security of investment apps are being called into question.
Our world has gone digital, not just our interactions, but also money, and in trading cards.
There's always the looming risk of identity fraud and scalpers, but some companies say a newer, cheaper and more secure way of buying tickets is taking off.
Facebook changed the way that we communicate. Now, the social media giant wants to change how its billions of users think about cryptocurrency.
Scammers are reportedly posing as company employees, calling customers, and threaten to disconnect the power unless a payment is made immediately using Bitcoin.
Bitcoin has caught the attention of investors, computer geeks, and even hackers, but what should consumers make of it?
Bitcoin is the first decentralized digital currency and worldwide payment system and while there are others to choose from, many are still scratching their heads to the entire idea.
A new security based on bitcoin prices made its debut on the Chicago Mercantile Exchange, a week after a rival security launched on an exchange.
The first-ever bitcoin future began trading Sunday as the increasingly popular virtual currency made its debut on a major U.S. exchange.
It looks like a typical ATM, but it isn't. When customers put in cash, they get bitcoin in return.
A New Jersey school district is hoping to resume standardized testing after delays because its computer network was shut down in an online attack.
Federal prosecutors in New York on Thursday announced the first bitcoin securities fraud case, accusing a Texas man of engineering a Ponzi scheme involving bitcoins.
U.S. District Judge Katherine Forrest set the Nov. 3 date as 29-year-old Ross William Ulbricht pleaded not guilty to four charges in a rewritten indictment returned earlier this week.
The top executive of a Manhattan-based Bitcoin company and a Florida Bitcoin exchanger have been charged with conspiring to commit money laundering by selling more than $1 million in Bitcoins to users of the black market website Silk Road, which let users buy illegal drugs anonymously, authorities said Monday.
The rapper filed a lawsuit Tuesday in Manhattan federal court against the creators of Bitcoin, charging trademark and publicity violations.
An online video game company will pay a $1 million settlement after being accused of infecting thousands of computers with malicious software and using that access to illegally mine for the electronic currency bitcoin.
"Bitcoin" is a growing trend and have been around since 2009. Anyone can buy it using real money at an online store, or an "exchange."
The Justice Department says it found a pattern of misconduct and civil rights violations by the Trenton Police Department.
A lawsuit was announced Thursday, accusing Fordham University of turning a blind eye to the sexual abuse of minors in the 1970s.
President-elect Donald Trump announced Gaetz as his nominee to be attorney general last week.
Jodi Rell, who became Connecticut's second female governor when John Rowland resigned in a corruption scandal, has died at 78.
Burn bans in New Jersey have been lifted after significant rainfall in the state.
A lawsuit was announced Thursday, accusing Fordham University of turning a blind eye to the sexual abuse of minors in the 1970s.
The new soccer stadium across from Citi Field will be called Etihad Park, NYCFC and the United Arab Emirates airline announced.
Amid an unprecedented uptick in brush fires and a drought warning, it's raining in New York City for the first time in weeks.
A woman died Wednesday after being struck by an unmarked police vehicle in Brooklyn, police sources say.
A banana duct-taped to a wall sold for $6.2 million at an art auction in New York on Wednesday.
Jodi Rell, who became Connecticut's second female governor when John Rowland resigned in a corruption scandal, has died at 78.
The weather is shifting and bringing much-needed rain to the Tri-State Area. There may even be snow in parts of New York.
It looks like the Tri-State Area will get a substantial soaking of rain later this week, something it definitely needs due to the risk of wildfires.
The risk of wildfire development will remain elevated across the Tri-State Area through the next several days.
A Red Flag Warning is in effect today across the entire Tri-State Area until 6 p.m.
The Justice Department says it found a pattern of misconduct and civil rights violations by the Trenton Police Department.
Burn bans in New Jersey have been lifted after significant rainfall in the state.
A crane accident in Montville, New Jersey turned a routine tree trimming job into a chaotic mess when the machine fell onto a house.
New Jersey Gov. Phil Murphy updated commuters Wednesday on what's being done to correct issues on the rails.
The weather is shifting and bringing much-needed rain to the Tri-State Area. There may even be snow in parts of New York.
The iconic Stella Ristorante in Floral Park, Long Island will close on Dec. 31 after 64 years in business.
The weather is shifting and bringing much-needed rain to the Tri-State Area. There may even be snow in parts of New York.
Dozens of Suffolk County homeowners are shocked after they say FEMA denied their requests for aid after storms caused devastating damage in August.
Leaders in Nassau and Suffolk counties rolled out a strategy Monday to try and stop congestion pricing.
A cellphone company worker says he was attacked by a Long Island law enforcement officer while doing his job.
President-elect Donald Trump announced Gaetz as his nominee to be attorney general last week.
Jodi Rell, who became Connecticut's second female governor when John Rowland resigned in a corruption scandal, has died at 78.
New York City special education students are not getting the services they were promised, according to the United Federation of Teachers.
Jessica Tisch, the head of the Department of Sanitation, was appointed New York City's new police commissioner on Wednesday.
New Jersey Rep. Josh Gottheimer is trying to throw a monkey wrench into Gov. Kathy Hochul's congestion pricing plan.
Lattes and other espresso-based drinks may not be available at some McDonald's restaurants due to a glitch with coffee machines.
The packaging label omitted a key ingredient, prompting a Food and Drug Administration recall.
The manufacturer of tumblers sold at Wawa stores says it has received four reports of cuts from the product's metal drinking straws.
Decision to cut topping comes as officials work to confirm source of E. coli outbreak linked to McDonald's Quarter Pounders.
Gov. Kathy Hochul on Tuesday announced a $150 million investment in a new state-of-the-art cell and gene therapy hub to be built on Long Island.
Chris Stapleton took home four Country Music Association Awards and hardly left the stage on Wednesday night, while an absent Morgan Wallen won the night's biggest prize, entertainer of the year.
The leader of a New York City church where pop star Sabrina Carpenter filmed scenes for a music video has been stripped of his duties.
With the release of part one of her new memoir, Cher talks about her relationship - on stage and off - with Sonny Bono, and why their TV partnership survived beyond their marriage.
Sean "Diddy" Combs has tried to reach out to prospective witnesses and sway public opinion from jail in NYC to influence potential jurors in his sex trafficking trial, prosecutors say.
Betty White will be honored with a stamp in 2025, the U.S. Postal Service announced on Friday.
The new soccer stadium across from Citi Field will be called Etihad Park, NYCFC and the United Arab Emirates airline announced.
Jalen Brunson scored 36 points, Karl-Anthony Towns added 34 and the Knicks beat the Suns 138-122 for their fourth straight win.
Mika Zibanejad scored and added an assist as the New York Rangers edged the Vancouver Canucks on Tuesday night.
Speedy center fielder Jose Siri has been acquired by the New York Mets from the Tampa Bay Rays for reliever Eric Orze.
The Calgary Flames rallied to a victory over the New York Islanders on Tuesday night.
A new state-of-the-art trash system in NYCHA's Polo Grounds Towers in Harlem promises to tackle energy, rodent and recycling issues.
Families in Central Harlem will soon settle into their new homes at Marcus Garvey Village, which also brings free gathering spaces to the community and an LGBTQ center.
The Hispanic Society's new exhibit traces how different cultures influenced the women of Spain as they found their own voices throughout history.
Brooklyn transit riders are worried about an ongoing proposal to cut bus stops as part of a redesign project.
A Long Island man's life savings were stolen from his bank account, and he says he's been waiting a year to get it back.
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.
Tens of thousands of people flooded Manhattan streets on June 2, 2024 for the 60th annual Israel Day on Fifth Parade.
The Francis Scott Key Bridge in Baltimore collapsed early Tuesday, March 26 after a column was struck by a container ship that reportedly lost power, sending vehicles and people into the Patapsco River.
The 50th Annual Village Halloween Parade drew massive crowds, celebrating the theme "Upside/Down:Inside/OUT."
CBS News New York's John Elliott says conditions will improve over the weekend, with a slight bump in temperatures.
One house on the street was completely demolished and five others were damaged.
CBS News New York's Doug Williams spoke to one of the alleged victims on Thursday.
A vehicle flipped on its side in the slick conditions on the Kosciuszko Bridge.
The first damp day in weeks is a welcome sign amid brush fires and the drought. CBS News New York's Zinnia Maldonado reports.
