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.
A new Bankrate survey found 41% of Americans say inflation is their top economic issue for the 2024 presidential election. Bankrate's senior economic analyst Mark Hamrick joins CBS News New York to discuss the impact.
Jill Schlesinger, CBS News Business Analyst joins CBS New York to discuss the October jobs report.
A new report shows 254,000 people were added to payrolls in September, and a robust jobs market is helping boost the economy. CBS News New York's Dick Brennan talked to New Yorkers about what it means to them.
Wall Street is watching the labor market for signs of slower hiring, which could influence the Federal Reserve's next rate decision.
CBS News business analyst Jill Schlesinger breaks down why the federal reserve made the decision to cut its benchmark interest rate and what this means for the economy.
Thomas Hayes, chairman and managing member at Great Hill Capital, joins CBS New York to discuss the Fed meeting.
The Federal Reserve just lowered its benchmark rate by 0.50 percentage points. Here's how the move could impact your finances.
New Yorkers shared their opinions about the economy with CBS News New York's Jessica Moore after Tuesday night's presidential debate.
Jason Greer, a labor relations expert and founder of Greer Consulting, discusses the state of the U.S. labor market in 2024 and how wage compression is impacting workers.
In North Carolina, Harris took note of falling inflation but added, "Still, we know that many Americans don't yet feel that progress in their daily lives."
Wall Street is increasingly jittery about the health of the U.S. economy. Here's what the experts say about the chances of a recession.
U.S. markets tumbled for a third consecutive trading day amid recession fears and tensions in the Middle East.
The latest report shows employers added 114,000 jobs in July which is far fewer than economists had forecast, all while the unemployment rate jumped to 4.3%. CBS News business analyst Jill Schlesinger breaks down the latest numbers.
The federal government released a report on economic growth for the second quarter. Business Analyst Jill Schlesinger discusses what this means for the financial future of the next few months.
Walmart and Target are launching their own sales to go up against Amazon's Prime Day on July 16 and 17. Business Insider senior retail reporter Alexander Bitter joined CBS News to discuss the deals.
Robust corporate profits and steady U.S. economic growth are driving stocks to record highs.
Due to bankruptcies and other problems, retailers plan to close almost 3,200 stores this year, up 24% from a year ago.
Small Business Administration Administrator Isabel Casillas Guzman joins CBS New York to discuss the record small business boom America has seen under President Biden.
Wall Street is closely watching the jobs report and next week's inflation data to predict when the Fed might cut rates.
The annual income needed to afford even a basic home in the U.S. has risen sharply since the pandemic, a new report shows.
The Fed decided not to change rates this week, but announced three cuts that are expected later this year. CBS News Business Analyst Jill Schlesinger is here to help explain.
Fed Chair Jerome Powell announced Wednesday the federal funds rate will stay in the 5.25% to 5.5% range. What does that mean for the economy and borrowers?
A recent report by Vanguard reveals a record number of Americans took early withdrawals from their 401(k) retirement savings in 2022 and 2023, signaling a concerning trend.
The overall rate was up 3.2% in February, with gas and shelter accounting for nearly 60% of that rise. CBS News Business Analyst Jill Schlesinger breaks things down.
The Philadelphia 76ers snapped a five-game losing streak with a win over the Brooklyn Nets in an NBA Cup game Friday night.
Families of children injured by medical malpractice at birth and pushed into a New York state fund to receive critical care are waiting for state officials to address claim denials.
Hundreds of Yonkers families have been without gas for three months, and many are frustrated as the problem stretches into the holiday season.
The new Davis Center will bring back the wonder of skating and swimming alongside Harlem Meer in Central Park.
A federal judge is deciding whether to release Sean "Diddy" Combs on bail as he awaits trial on sex trafficking and racketeering charges.
Families of children injured by medical malpractice at birth and pushed into a New York state fund to receive critical care are waiting for state officials to address claim denials.
Hundreds of Yonkers families have been without gas for three months, and many are frustrated as the problem stretches into the holiday season.
The new Davis Center will bring back the wonder of skating and swimming alongside Harlem Meer in Central Park.
A federal judge is deciding whether to release Sean "Diddy" Combs on bail as he awaits trial on sex trafficking and racketeering charges.
A New York state ban on the retail sale of dogs, cats and rabbits begins Dec. 15.
The MTA announced the Federal Highway Administration has given congestion pricing the green light, clearing the way for it to start on Jan. 5, 2025.
After a long period of drought and fire hazards, we're getting an early taste of winter. New York, New Jersey and Connecticut have been desperate for rain.
The first major snowstorm of the season brought school closures, power outages, and heavy snow to our region, including to areas that badly needed it.
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.
A fire in Bayonne displaced several families and caused a day care to evacuate Friday.
A Hudson Valley woman says her car was driven from Queens to New Jersey after she parked at an unlicensed long-term parking lot near John F. Kennedy International Airport.
The MTA announced the Federal Highway Administration has given congestion pricing the green light, clearing the way for it to start on Jan. 5, 2025.
After a long period of drought and fire hazards, we're getting an early taste of winter. New York, New Jersey and Connecticut have been desperate for rain.
The first major snowstorm of the season brought school closures, power outages, and heavy snow to our region, including to areas that badly needed it.
The MTA announced the Federal Highway Administration has given congestion pricing the green light, clearing the way for it to start on Jan. 5, 2025.
After a long period of drought and fire hazards, we're getting an early taste of winter. New York, New Jersey and Connecticut have been desperate for rain.
The first major snowstorm of the season brought school closures, power outages, and heavy snow to our region, including to areas that badly needed it.
A plan to regionalize some New York public school services has set off alarm bells among Long Island parents and educators.
The iconic Stella Ristorante in Floral Park, Long Island will close on Dec. 31 after 64 years in business.
The New York Department of Motor Vehicles has overhauled its point system, and the points drivers accrue are going to stay on their record longer.
A New York City Councilmember is taking the city's Department of Homeless Services to task, saying it needs to do a better job managing food at the city's migrant shelters.
Trump's sentencing in the "hush money" case has been delayed by a New York judge.
President-elect Donald Trump made the announcement Thursday evening after Matt Gaetz withdrew himself from consideration.
The suit claims McMahon and others at the WWE were aware of misconduct decades ago and negligent in failing to prevent it.
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.
A federal judge is deciding whether to release Sean "Diddy" Combs on bail as he awaits trial on sex trafficking and racketeering charges.
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.
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 Philadelphia 76ers snapped a five-game losing streak with a win over the Brooklyn Nets in an NBA Cup game Friday night.
The New York Giants are releasing quarterback Daniel Jones days after announcing Tommy DeVito will take over as the team's starter, owner John Mara says.
Connor Zary scored midway through the third period to give the Calgary Flames a win over the New York Rangers on Thursday night.
Lucas Raymond scored with 51 seconds remaining and the Detroit Red Wings beat the New York Islanders on Thursday night.
The New Jersey Devils downed the Carolina Hurricanes on Thursday night.
The new Davis Center will bring back the wonder of skating and swimming alongside Harlem Meer in Central Park.
Thursday marks exactly 60 years since the Verrazzano-Narrows Bridge opened to much fanfare.
Nov. 29 is the last day for New York City restaurants to remove roadway dining sheds, which will now be seasonal under new regulations set by the City Council.
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.
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 has your weather forecast for November 22 at 11 p.m.
Weather in the Tri-State Area and across the country caused some airport delays Friday as travelers headed to their Thanksgiving destinations. CBS News New York's Alecia Reid reports on another potential worry for the travel week ahead.
The Brooklyn Botanic Garden officially opened "Lightscape" on Friday night. The winter attraction includes a mile-long illuminated trail, several synchronized music and light shows, and more.
Heading into the holidays, hundreds of families in Yonkers don't have gas to cook their meals, and this has been going on for three months. CBS News New York's Lori Bordonaro spoke to residents to find out how they're coping and what's being done to fix the problem.
Families with children injured by medical malpractice at birth and pushed into a New York state fund to receive critical care are waiting for state officials to address claim denials. They met up with CBS News New York investigator Mahsa Saeidi for an emotional update.
