McCarthy says debt ceilng meeting with Biden "productive"
President Biden and House Speaker Kevin McCarthy huddled yet again as the debt ceiling "X" date nears.
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President Biden and House Speaker Kevin McCarthy huddled yet again as the debt ceiling "X" date nears.
McCarthy said Sunday that he had a "productive" call with Mr. Biden as the president returns from the G-7 conference in Japan.
House Speaker Kevin McCarthy said Sunday that he and President Joe Biden had a "productive" call,.
The federal government is less than two weeks away from going into default without a deal.
Without a deal, Treasury Secretary Janet Yellen has said the U.S. could be unable to pay its bills and might default on its debt as soon as June 1.
There's deadlock over the debt ceiling as we get closer to a major deadline. Republicans say they are not confident a deal can be reached before the nation defaults. Cristian Benavides reports for CBS2.
"It's hard to overstate how bad it would be," one expert said. Everything from Social Security payments to your retirement fund could get hit.
Former President Donald Trump said in a CNN town hall that Carroll's story was "fake" and "made up," despite the swift and unanimous verdict.
"No one should assume that the Fed can… really protect the economy and the financial system, and our reputation globally, from the damage such an event might inflict," Federal Reserve Chairman Jerome Powell said.
Republicans and Democrats still appear far apart on raising or suspending the debt ceiling. The five leaders are expected to meet again Friday.
The treasury secretary moved up her estimate of when the U.S. risks defaulting on its debt.
McCarthy is in a showdown with Pres. Biden over raising the debt ceiling.
The fight over the nation's debt limit could have very real implications on everything from your 401(k) to Social Security.
If Congress doesn't act, financial experts warn interest rates could go up on loans and mortgages, and the stock market could be in for another bumpy ride.
Senate Democrats still don't like the idea of using the budget maneuver to raise the debt limit.
Democrats and Republicans in the Senate reached a deal to extend the debt ceiling through early December, avoiding what could have been an economic disaster.
Senate leaders have taken control of efforts to avert a Treasury default and end the partial shutdown of the federal government.
The average home heating oil prices in Connecticut hover at the $3.60 per gallon mark.
Congress has failed to pass a budget for the last several years but some senate Democrats, including Connecticut's Richard Blumenthal, sense a change in the air.
President Barack Obama demanded Monday that Congress raise the federal debt limit quickly and said he will soon ask Congress to enact new gun legislation in the wake of the shootings a month ago in Newtown, Conn.
With one month to go before we reach the fiscal cliff, Republicans are going to have to figure out how to do something serious for a change instead of grandstanding and avoiding specifics.
Speaker John Boehner believes he holds a strong hand in fiscal cliff and debt limit talks. He is, once again, taking the global economy hostage and playing politics with the U.S. debt limit.
Grover is the ultimate in single interest constituencies in Washington. He is not accountable to anybody. He does not disclose who funds him, who pays him to do what he does or how much he is paid to blackmail GOP Members of Congress to sign his pledge not to raise taxes.
Investors hoping for relief from last week's volatility in the stock market found it Monday.
Even a survey showing Americans are dismayed about the economy didn't stop the gains on Wall Street today.
What began as a middle school project has grown into hundreds of handwritten messages left across New York City, offering encouragement to strangers and revealing how a small gesture can resonate for weeks.
There is frustration for drivers who park at a condemned garage in Westchester County. They have until Friday to move their vehicles.
An East Harlem community came together on Christmas Eve to remember a woman killed early Tuesday morning in a chain-reaction garbage truck crash involving fallen scaffolding.
The Justice Department said the process of releasing the Epstein files may take "a few more weeks" due to the volume of materials.
It's practically the plot to "Home Alone." A quick-thinking 12-year-old boy in Medford stopped a burglar who broke into his home, police said.
What began as a middle school project has grown into hundreds of handwritten messages left across New York City, offering encouragement to strangers and revealing how a small gesture can resonate for weeks.
There is frustration for drivers who park at a condemned garage in Westchester County. They have until Friday to move their vehicles.
An East Harlem community came together on Christmas Eve to remember a woman killed early Tuesday morning in a chain-reaction garbage truck crash involving fallen scaffolding.
It's practically the plot to "Home Alone." A quick-thinking 12-year-old boy in Medford stopped a burglar who broke into his home, police said.
We've issued a First Alert Weather Day for Friday evening into Saturday morning due to snow.
We've issued a First Alert Weather Day for Friday evening into Saturday morning due to snow.
It's a First Alert Weather Day as a mixture of snow and rain move through the Tri-State Area Tuesday morning.
We have issued a First Alert Weather Day Tuesday as travel could be impacted due to slick roads, especially north and west of the city.
Snow and rain will return to the New York City area before Christmas. Parts of the Tri-State Area have winter weather advisories.
Today is a First Alert Weather Day as heavy rain and 50-60 mph wind gusts cause coastal flooding, downed trees and power outages.
We've issued a First Alert Weather Day for Friday evening into Saturday morning due to snow.
Leaders in Paterson, N.J., are pushing back against Director of National Intelligence Tulsi Gabbard's remarks suggesting the city is working to impose Islamic law.
Saint Cecilia Roman Catholic Church in South Brunswick, New Jersey, was ransacked in a desperate act for quick cash, police say.
It's a First Alert Weather Day as a mixture of snow and rain move through the Tri-State Area Tuesday morning.
Totowa Police Chief Carmen Veneziano appeared in a Massachusetts court and denied allegations he assaulted his girlfriend at a hotel.
It's practically the plot to "Home Alone." A quick-thinking 12-year-old boy in Medford stopped a burglar who broke into his home, police said.
We've issued a First Alert Weather Day for Friday evening into Saturday morning due to snow.
CBS News New York went inside ICE operations on Long Island for a rare view of how, where and why arrests are made.
It's a First Alert Weather Day as a mixture of snow and rain move through the Tri-State Area Tuesday morning.
We have issued a First Alert Weather Day Tuesday as travel could be impacted due to slick roads, especially north and west of the city.
The Justice Department said the process of releasing the Epstein files may take "a few more weeks" due to the volume of materials.
A federal judge has given a green light to New York's so-called Green Light Law, rejecting the Trump administration's bid to stop the state from giving people driver's licenses without having them prove they're in the country legally.
Leaders in Paterson, N.J., are pushing back against Director of National Intelligence Tulsi Gabbard's remarks suggesting the city is working to impose Islamic law.
Mayor-elect Zohran Mamdani named Lillian Bonsignore as the next FDNY commissioner at a Tuesday afternoon news conference.
George Conway, a conservative lawyer turned vocal critic of President Trump, has filed paperwork for a bid to represent New York City in the House.
A spike in measles cases in Rockland County has New York health officials urging families to get vaccinated.
Researchers on Long Island say they've found physical evidence of PTSD in World Trade Center first responders.
In New York, cases of flu, RSV and COVID have spiked since Thanksgiving.
There are at least 500 sudden and unexpected deaths in the city each year, and in roughly a fifth of those cases, a genetic cause can be detected.
UnitedHealthcare and NewYork-Presbyterian have roughly two weeks to reach an agreement or thousands of Medicare Advantage members could be forced to find care elsewhere.
The singer said an MRI showed a cancerous spot on one of his lungs after he recovered from a lengthy bout of bronchitis.
Comedian and actor Bowen Yang performed his final sketch on "SNL" Saturday night, after announcing his unexpected mid-season exit from the show.
A judge Friday voided the conviction of one of the two men found guilty of the 2002 killing of Run-D.M.C. star Jam Master Jay.
The special features interviews with Kathy Bates, Annette Bening, Albert Brooks, Michael Douglas, Kiefer Sutherland, Jerry O'Connell and Mandy Patinkin.
Jake and Romy Reiner released a statement on Wednesday, remembering their parents, Rob Reiner and Michele Singer Reiner, as their best friends.
Adam Pelech scored the tiebreaking goal late in the third period, and the New York Islanders beat the New Jersey Devils 2-1 on Tuesday night.
Taylor Raddysh and Alexis Lafreniere scored 68 seconds apart in a five-goal third period for the New York Rangers in a 7-3 win over the Washington Capitals on Tuesday.
Anthony Edwards scored 38 points to help the Minnesota Timberwolves beat former teammate Karl-Anthony Towns for the first time and hold off the New York Knicks 115-104.
Michael Porter Jr. scored 28 points, as the Brooklyn Nets beat the Philadelphia 76ers 114-106.
The Mets jettisoned another core player Monday, trading second baseman Jeff McNeil to the Athletics for minor league right-hander Yordan Rodriguez.
What began as a middle school project has grown into hundreds of handwritten messages left across New York City, offering encouragement to strangers and revealing how a small gesture can resonate for weeks.
NYC says center-running bus lanes will speed up commutes and improve safety on one of Brooklyn's busiest corridors, but critics aren't so sure.
Nine Brooklyn Football Club partner bars are collecting shelf-stable food and winter coats to benefit 10 local schools.
The Davis Center in Harlem is now open for its first winter season after technical delays.
After losing his mother to a stroke in 2022, a Brownsville native is turning personal grief into a grassroots foundation, offering counseling and mentorship to children and young adults.
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.
After hundreds of messages of kindness were found sprinkled all over New York City over the last few months, CBS News New York's Hannah Kliger tracked down the person responsible.
As CBS News New York's John Dias reports, one of Coney Island's largest food pantries, which has served neighbors for more than two decades, is now asking the community for help to survive.
The worst part is, they only have until Friday to move their vehicles out and find somewhere else to park. CBS News New York's Tony Aiello reports.
CBS News New York's John Dias reports how dozens of kids in the Hempstead area are able to feel the magic of the season.
CBS News New York's Craig Allen is tracking the storm, which is expected to move into the area during the early evening on Friday.
