Will Fed raise interest rates again this week? Here's what to expect.
Central bank officials will announce on Wednesday if they are hiking the federal funds rate for a 10th consecutive time.
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Central bank officials will announce on Wednesday if they are hiking the federal funds rate for a 10th consecutive time.
Majority of respondents remain pessimistic about the economy as a whole, according to Primerica survey.
CBS Business Analyst Jill Schlesinger breaks down the latest inflation numbers.
Stubbornly high prices are continuing to ease, but remain far above Fed's target.
The Fed wants the labor market to cool off so inflation comes down, so what does this suggest about the overall trend for jobs? CBS News Business Analyst Jill Schlesinger breaks things down.
More than a third of consumers are struggling to stay afloat, but the problems are worse in some states.
CBS News business analyst Jill Schlesinger has the latest on inflation and what consumers need to know.
The Federal Reserve may face a quandary as it copes with still-high inflation combined with instability in the banking sector.
Extra SNAP benefits are estimated to have kept 4.2 million people out of poverty.
CBS News Business Analyst Jill Schlesinger is here to talk about the government's latest report on overall economic growth.
Lower-income Americans and seniors are among those hit hardest by stubbornly high grocery prices.
As consumers continue to feel the squeeze, the government just released the latest inflation report. CBS News Business Analyst Jill Schlesinger joins us to break it all down.
U.S. economy grew at 2.9% rate in last three months of year despite pressure of high rates and fears of recession.
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.
Consumer prices are down nationally, but experts said higher prices in our area are not surprising.
Inflation is finally slowing down, CBS2's Alice Gainer reports.
With inflation appearing to slow down nationwide, it means more money will be in your pockets -- even if the Tri-State Area's local report is showing a different outcome. CBS2's John Dias has the details.
Prices reflected the smallest annual increase since October 2021 amid lower costs for gasoline and energy services.
Some analysts predict December inflation will be down from the 7.1% in November. CBS2's John Dias reports.
Price increases are slowing but have a long way to go before hitting the Federal Reserve's 2% target.
Sharp drop in average gas prices signals that this year's breakneck pace of inflation is cooling.
News of inflation easing sent stock soaring, but the price of food is still consistently high, CBS2's Dick Brennan reports.
New data shows things are calming down just a bit. CBS2's John Dias explains why.
A slight decrease is expected, but it will still be a long way from the feds goal of 2%. CBS2's John Dias has the details.
We're going to be forced to pay more for almost everything we count on for the holiday, especially the turkey.
A car drove into a crowd of revelers at a Christmas market in Magdeburg, Germany, and officials say they suspect it was a deliberate attack.
Tech startup Oyssey is launching a service about information block-by-block in South Florida and New York City.
The FAA issued a temporary flight restriction for drones over New York City, Long Island and parts of Westchester County. The restrictions are in effect until January 19.
The MTA's controversial congestion pricing is facing legal challenges in federal court Friday.
A wintry mix of rain and snow is blowing into NYC, just in time for the evening commute and the start of holiday travel.
The FAA issued a temporary flight restriction for drones over New York City, Long Island and parts of Westchester County. The restrictions are in effect until January 19.
The MTA's controversial congestion pricing is facing legal challenges in federal court Friday.
A wintry mix of rain and snow is blowing into NYC, just in time for the evening commute and the start of holiday travel.
Luigi Mangione is at Metropolitan Detention Center Brooklyn on federal charges in the killing of UnitedHealthcare CEO Brian Thompson.
With the first day of winter quickly approaching, it's time to take a look at what's in store, and how La Niña may factor in.
The MTA's controversial congestion pricing is facing legal challenges in federal court Friday.
A wintry mix of rain and snow is blowing into NYC, just in time for the evening commute and the start of holiday travel.
With the first day of winter quickly approaching, it's time to take a look at what's in store, and how La Niña may factor in.
We're in for a generally sunny day with some clouds from time to time — certainly nothing to fret about. Friday's a First Alert Weather Day, as we're anticipating rain and snow showers to develop.
Cold, rainy weather returns to NYC and the surrounding area today, and it's time to track some more snow later this week.
The MTA's controversial congestion pricing is facing legal challenges in federal court Friday.
A wintry mix of rain and snow is blowing into NYC, just in time for the evening commute and the start of holiday travel.
With the first day of winter quickly approaching, it's time to take a look at what's in store, and how La Niña may factor in.
Some New Jersey American Water customers say their water is coming out brown or has an unusual taste or odor.
The New Jersey Supreme Court has put a hold on an appeals court decision to put the Paterson Police Department back under local control.
The FAA issued a temporary flight restriction for drones over New York City, Long Island and parts of Westchester County. The restrictions are in effect until January 19.
The MTA's controversial congestion pricing is facing legal challenges in federal court Friday.
We're in for a generally sunny day with some clouds from time to time — certainly nothing to fret about. Friday's a First Alert Weather Day, as we're anticipating rain and snow showers to develop.
The mysterious drones seen flying over New Jersey and several other East Coast states have prompted a ban from the FAA.
If you're a National Grid customer in New York City or on Long Island, it's going to cost more to heat with gas this winter.
Former New York Gov. Andrew Cuomo filed a lawsuit Thursday against a former aide, Charlotte Bennett, who alleged he sexually harassed her in 2020.
NYC Mayor Eric Adams' former chief advisor Ingrid Lewis-Martin has been indicted on bribery charges, the Manhattan DA announced.
A move in Congress by Sen. Chuck Schumer that would have allowed towns to track drones was blocked Wednesday.
A federal bill that could help prevent e-bike and e-scooter battery fires is finally nearing the finish line, according to the FDNY.
Ingrid Lewis-Martin, New York City Mayor Eric Adams' former chief advisor, is expected to report to court Thursday to face charges, her attorney said.
Some 13 oz. bags of Lay's Classic Potato Chips may contain an undeclared allergen, according to the snack company.
New York Congressman-elect George Latimer expects "major pushback" to Robert F. Kennedy Jr.'s potential vaccine policy if he heads Donald Trump's Health and Human Services Department.
A breakthrough treatment is making a huge difference for stroke survivors, improving hand and arm function, and their quality of life.
CBS News New York's Cindy Hsu's mental illness did not stop her. Now, she's highlighting hope and solutions.
Suffolk County is warning parents about the dangers of co-sleeping after three more infants who shared beds with adults died in the last four weeks.
Sean "Diddy" Combs was back in federal court in Lower Manhattan on Wednesday for a pretrial hearing.
A spokesperson for Foxx said that he had to get stitches after he was hit in the face by a glass thrown from someone else in the restaurant.
Sean "Diddy" Combs filed a motion Friday to dismiss his appeal for bail, meaning he will stay in jail until his trial on sex trafficking charges in May 2025.
Jamie Foxx opened up about why he was hospitalized for several weeks in April 2023.
The annual gala at the John F. Kennedy Center for the Performing Arts features personalized tributes with performances and testimonials from fellow artists.
Karl-Anthony Towns had 32 points and 20 rebounds in his return to Minnesota, leading the inspired Knicks past the Timberwolves on Thursday night.
The Brooklyn Nets overcame a 10-point deficit and beat the Toronto Raptors on Thursday night.
The Columbus Blue Jackets snapped a five-game skid with a victory over the New Jersey Devils on Thursday night.
The Yankees on Wednesday introduced one of their latest big name acquisitions – left-handed starting pitcher Max Fried.
Juuse Saros made 25 saves to lead the Nashville Predators to a victory over the New York Rangers on Tuesday night.
Mets owner Steve Cohen's Metropolitan Park casino complex proposal has picked up steam after gaining the Queens borough president's approval.
Parts of the MTA's emergency exit infrastructure are in a hazardous state of disrepair, according to a new audit report.
The Riverside Church of New York announced this week plans to close its Weekday School after 95 years of caring for local children.
Neighbors living in communities without subway stops say congestion pricing has caused many to consider leaving New York City.
As development continues in Gowanus, Powerhouse Arts, housed in an old power station, works to keep artists in the neighborhood.
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."
Author Lynda Cohen Loigman discusses her book "The Love Elixir of Augusta Stern." She tells Mary Calvi what where the inspiration for the novel came from and answers questions from Club Calvi.
Harris Blitzer Sports and Entertainment just announced the winner of its 2024 Enrich Program. Program winners Natalie and Stephen Fahnholz, owners of Shore Good Eats, and Natasha Moody, Senior Vice President of Impact and Inclusion at HBSE discuss the honor.
The FAA issued a temporary flight restriction for drones over New York City, Long Island and parts of Westchester County. The restrictions are in effect until January 19.
The MTA's controversial congestion pricing is facing legal challenges in federal court Friday. Congestion pricing is set to take effect Jan. 5, but that could get delayed. CBS News New York's Alice Gainer reports.
CBS News New York's Tony Sadiku has the latest weather forecast.
