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Amazon, Walmart and Target summer sales
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.
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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.
CBS News Business Analyst Jill Schlesinger joins us to discuss the results.
CBS News Business Analyst Jill Schlesinger walks us through the results and explains why the Federal Reserve prefers this report, when it comes to inflation.
The federal government just released the January employment report, which blew past economists' expectations.
A decision on interest rates could be announced today as the Fed wraps up its first meeting of the new year.
New government data shows the economy ended 2023 on a stronger note than anticipated. With GDP growth rates exceeding forecasts in the last two quarters, CBS News business analyst Jill Schlesinger breaks down what these figures mean.
CBS News Business Analyst Jill Schlesinger joins us to explain what happened.
Wall Street ended the week with stocks at all-time highs, bolstered by investor expectations of Federal Reserve interest rates cuts.
Inflation has cooled from the high levels seen in 2022, but monthly necessities like rent and auto insurance have skyrocketed this year. CBS News' Jo Ling Kent has more on the rise in costs and what that means for the economy.
CBS News Business Analyst Jill Schlesinger joins us to explain what it means for your wallet.
CBS News Business Analyst Jill Schlesinger explains why the year was a resilient one for the U.S. labor market.
This year's robust stock market performance defied analysts' predictions as investors cheered prospects of lower interest rates and inflation.
The statewide minimum wage is set to increase by $1 to $15.13 per hour.
It's called the subscription economy, when people pay recurring fees for various services, like entertainment apps or news sites. Experts tell CBS New York's John Dias the end of the year is a great time to check on how much you're actually spending.
Just 1 in 5 say they'll buy more gifts for others this season, compared to recent past years — and this is true even among higher-income earners.
The monthly report signals hiring remains stronger than many economists had forecast, while the jobless rate dipped to 3.7%.
Sunday is expected to be the busiest day of the summer travel season, but severe thunderstorms may cause delays and cancelations.
New video shows the suspects police are searching for in a brutal baseball bat attack last week in New York City.
The Dalai Lama, Tibet's 88-year-old spiritual leader, underwent a knee replacement surgery on Friday at the Hospital for Special Surgery on Manhattan's Upper East Side.
Polls show Americans' trust in the Supreme Court has never been lower, especially in light of ethical lapses that lead observers to question the impartiality of the justices.
From the moment she first began appearing at the side of John F. Kennedy Jr., Carolyn Bessette became one of the most photographed women in the world. Her personal style continues to have an impact 25 years following her death.
Sunday is expected to be the busiest day of the summer travel season, but severe thunderstorms may cause delays and cancelations.
New video shows the suspects police are searching for in a brutal baseball bat attack last week in New York City.
The Dalai Lama, Tibet's 88-year-old spiritual leader, underwent a knee replacement surgery on Friday at the Hospital for Special Surgery on Manhattan's Upper East Side.
Severe thunderstorms and the chance of a tornado are expected today in New York and New Jersey. See the latest weather maps and live radar.
NYC's Pride March 2024 takes over Manhattan today. See what time it starts and ends, plus the route map, street closures and more.
Severe thunderstorms and the chance of a tornado are expected today in New York and New Jersey. See the latest weather maps and live radar.
A tractor-trailer accident on I-95 in Greenwich, CT had southbound lanes backed up for the morning commute.
Severe thunderstorms moved through New York and New Jersey on Wednesday evening, causing widespread power outages and other damage.
U.S. News & World Report released its 2024 college rankings Tuesday, and some Tri-State Area schools ranked among the best in the world.
Parts of New Jersey are back under a heat advisory Wednesday.
Sunday is expected to be the busiest day of the summer travel season, but severe thunderstorms may cause delays and cancelations.
Severe thunderstorms and the chance of a tornado are expected today in New York and New Jersey. See the latest weather maps and live radar.
With a 15% fare hike for NJ Transit riders set to go into effect Monday, commuters protested Friday outside the agency's headquarters, saying they've been plagued with service delays and cancellations.
Court documents reveal disturbing new details in the case of a mother accused of drowning her two young children in Lakewood, New Jersey.
New Jersey police arrested Junior Nunez, 33, on Friday morning after issuing an Amber Alert for a 2-year-old boy from Paterson.
Severe thunderstorms and the chance of a tornado are expected today in New York and New Jersey. See the latest weather maps and live radar.
Long Island police said Steven Schwally, 64, was drunk and speeding when he crashed an SUV into a nail salon Friday, killing an off-duty NYPD officer and three other people.
At least four people were killed and nine injured when a driver crashed through the front of a nail salon on Long Island.
A pocket watch that belonged to President Theodore Roosevelt is back in its rightful place. The 126-year-old cherished possession has been recovered after being stolen from an exhibit in 1987.
Nearly half a dozen suburban freshman Republicans in New York have targets on their backs as Democrats hope to take control of the House after the November elections.
Negotiations went down to the wire, but Mayor Eric Adams and the New York City Council agreed on a $112.4 billion budget that will go into effect Monday.
The New Jersey Democrat and his wife are accused of accepting gold bars, a Mercedes and cash in exchange for using his political influence to help three businessmen and two foreign governments.
President Biden and former President Donald Trump squared off for the first presidential debate of the election season. Watch highlights and key moments here.
Parts of New York City will have 20 mph and even 10 mph zones come September, the DOT says.
Here's CBS News' fact check of statements made by Biden and Trump during the first 2024 presidential debate.
The New York City Virus Hunters are getting their hands dirty to find out which little birdies might be carrying a deadly disease in Central Park.
"We can serve payers very effectively from the footprint that remains," CEO Tim Wentworth says of the coming Walgreens closures.
The advisory issued by Dr. Vivek Murthy came as the U.S. grappled with another summer weekend marked by deadly mass shootings.
One bill being fast-tracked would make abortions free in New Jersey by eliminating co-pays.
A beloved Queens DJ, known for his selfless generosity, is himself in need of support as he seeks a kidney donor.
From the moment she first began appearing at the side of John F. Kennedy Jr., Carolyn Bessette became one of the most photographed women in the world. Her personal style continues to have an impact 25 years following her death.
Mets infielder José Iglesias performed his song "OMG" live at Citi Field after the team's 7-2 win over the Houston Astros.
Martin Mull came to national fame with a recurring role on the Norman Lear-created satirical soap opera "Mary Hartman, Mary Hartman," and the starring role in its spinoff, "Fernwood 2 Night."
The original 1997 illustration for the front of the first Harry Potter book has set a record for Potter-themed memorabilia on the auction block.
"CBS News 24/7," a daily flagship show featuring live reporting from CBS News and Stations' local-to-global newsrooms, brings viewers a dynamic and immersive news experience.
Cameron Harper scored late in the second half to rally New York to a 2-2 draw with D.
Alex Bregman put Houston ahead with a two-run single in the eighth inning and the surging Astros rallied from five runs down for a 9-6 victory over the New York Mets.
The Yankees, who won Friday to snap a season-worst four-game losing streak, lost for the 10th time in their past 13 games.
Mets infielder José Iglesias performed his song "OMG" live at Citi Field after the team's 7-2 win over the Houston Astros.
Pete Alonso and Jeff McNeil homered in the sixth inning Friday night, powering the New York Mets to a 7-2 win over the Houston Astros and moving them over.
Queens residents who lost their homes in an apartment building fire six months ago say they are again searching for somewhere to live as their temporary housing agreements expire.
The New York City Virus Hunters are getting their hands dirty to find out which little birdies might be carrying a deadly disease in Central Park.
Lillian Wong of Queens is trying to solve the mystery of money being withdrawn from her dead son's bank account.
A commercial stretch along 86th Street in Bensonhurst has become a hotbed of illegal vending, according to Councilwoman Susan Zhuang.
Environmental groups in the South Bronx say the neighborhood is feeling the worst of the heat and humidity because of air pollution.
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."
As much of the northeast experiences heavy rains, parts of New York City are beginning to flood.
Thousands of people flooded Union Square on Friday for a PlayStation giveaway promoted by livestreamer Kai Cenat.
Political experts J.C. Polanco and O'Brien Murray weigh in on the New York primary results, including the key race between Congressman Jamaal Bowman and Westchester County Exec. George Latimer.
CBS New York's political reporter Marcia Kramer talks to New Yorkers about the congestion pricing pause and what it means for mass transit.
Political experts J.C. Polanco and O'Brien Murray weigh in on President Biden's debate performance and where the race stands against Donald Trump.
New York City's 11th-hour budget deal came as good news to many people, and the mayor is here to explain how he made it happen and answer other questions.
Sunday is expected to be the busiest day of the summer travel season, but severe thunderstorms may cause delays and cancelations around the NYC area.