Opinion: Auto And Bank Bailouts Prove Effective
On Monday, the Treasury Department sold 553,846,153 shares in AIG on Monday, turning an $18 billion profit on the $32.50 a share price.
On Monday, the Treasury Department sold 553,846,153 shares in AIG on Monday, turning an $18 billion profit on the $32.50 a share price.
The media keeps suggesting that the racism regarding candidates has to do with whites not wanting to vote for a black man, even though Barack Obama won a presidential election with a great amount of white support in 2008. What the media isn't talking about is the NBC-Wall Street survey results which say that there are basically no black supporters for the Caucasian candidate, Mitt Romney, in 2012.
Mitt Romney seems to be drinking the same Kool-Aid as some of his nuttiest supporters. Mitt Romney is silent... and occasionally joins in as his endorsers make increasingly outrageous statements against the president.
The most ridiculously annoying aspect of the Democratic political run for offices in 2012 is the incredibly long line of leftist millionaires who continually spew extreme hate and venom on the wealthy. Beyond having to "share the wealth", now Democrats are saying it's "never get the wealth".
The early returns are in and, according to the Neilson rating company, the Democrats beat the Republicans... and the NFL.
Today, WCBS 880's Lynda Lopez spoke with factcheck.org's Lori Robertson, who is still in Charlotte going over last night's Democratic National Convention speeches by the President Barack Obama and Vice President Joe Biden.
The Republican and Democratic National Conventions of 2012 – yawn-per-yawn – have to be the most uninspiring political conventions in recent history.
President Barack Obama charges onto the campaign trail Friday after urging voters Thursday night to stay optimistic that America can pull itself out of an economic rut.
The president stood center stage at the Democratic National Convention and made his case for four more years in office.
Tonight, when Vice President Biden and President Obama address the country the question before them is an obvious one: are we better off than we were four years ago? The answer is equally obvious: YES!
It was a stunning development. The party had dropped the assertion that Jerusalem was the capital of the Jewish state, but on Wednesday evening the Democrats had a change of heart.
Bill Clinton is the first Democratic president to be re-elected since Franklin Roosevelt and Barack Obama is counting on some of that mojo to help him win a second, too.
Sitting in the Time Warner Cable Arena last night I was struck by how different the Democratic National Convention was from the Republican event last week. Unlike the Republicans in Tampa, Democrats focused on the fight to preserve the middle class and the American Dream.
Newark Mayor Cory Booker took the stage Tuesday night in Charlotte at the Democratic National Convention, despite the fact that he sprained his ankle in the morning.
When it comes to President Barack Obama, it seems Newark mayor Cory Booker can't catch a break.
In an odd turn of events, the Republicans in Tampa nominated real life versions of their cartoon versions of Kerry and Gore. Republicans thought John Kerry should be criticized for changing positions. But Kerry is not in the same league as Romney who ran as a pro-choice candidate and promised to do more for gay rights than Ted Kennedy.
It is strange that famous people think the world gives a hoot about their political views. Last week, a good number of famed and fortuned people spoke their anti-Republican and anti-Romney prejudiced-minds regarding the Republican National Convention.
Mitt Romney's economic plan basically says if you make $22.50 an hour with benefits, you make too much money; and if you make $22.5 million, then you pay too much in taxes.
Last night, Clint Eastwood produced the most bizarre and uncomfortable moments in modern convention history. If Mitt Romney cannot get his campaign right. If he cannot even get the things that he can control right, how can he make the case that he can run the country?
Mitt Romney formally accepted the Republican nomination for president Thursday night at the Republican National Convention in Tampa.
Both Mitt Romney and Rep. Paul Ryan made statements about President Barack Obama. But how much truth was in them?
As the media positively and glowingly report high-profile presidential fundraising events for President Barack Obama and the Democratic National Committee, they report on GOP presidential candidate Mitt Romney's and the Republican's big-dollar fundraising gatherings in and around Tampa, Florida during the Republican National Convention with total suspicion and even worse.
After accepting the GOP nomination for president, Mitt Romney turned to criticism of Obama, saying the time had "come for us to put the disappointments of the last four years behind us."
The speech marked his big opportunity to reintroduce himself to the American people, counteract the negative ads that have filled the air waves and convince people he can fix what ails this country.
"I'm just thanking him for the gift of freedom and democracy and the very process that has allowed us to exist as a democracy and a republic, to come together in freedom and civility to choose our leaders," Timothy Cardinal Dolan told WCBS 880's Rich Lamb.
A CBS News New York investigation found online loopholes may be putting New York City's effort to prevent lithium-ion battery fires at risk.
President Joe Biden and first lady Jill Biden made a rare visit to Staten Island on Monday to honor service members and their families ahead of Thanksgiving.
Nico Hischier recorded his first career hat trick to give the New Jersey Devils a 5-2 win over the Nashville Predators.
Lucas Raymond scored the go-ahead goal in the third period and the Red Wings rallied to beat the Islanders 4-2.
The St. Louis Blues beat the New York Rangers 5-2 in Jim Montgomery's coaching debut.
A CBS News New York investigation found online loopholes may be putting New York City's effort to prevent lithium-ion battery fires at risk.
President Joe Biden and first lady Jill Biden made a rare visit to Staten Island on Monday to honor service members and their families ahead of Thanksgiving.
The mystery behind a wealthy New York couple's 1980 disappearance is starting to unravel after a team found their missing car in a Georgia pond.
New data shows car thefts at Port authority parking lots are spiking by more than 50% this quarter amid the annual holiday travel surge.
New York City is taking action against the contractor who was doing construction work on a building in the Bronx that partially collapsed in 2023.
A Thanksgiving storm is forecast to bring rain, and even snow, for some parts of New York and New Jersey.
Thanksgiving week starts Monday with partly sunny skies and temps in the mid 50s, but things will change from there.
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.
New data shows car thefts at Port authority parking lots are spiking by more than 50% this quarter amid the annual holiday travel surge.
A fire in Newark Saturday left more than 80 people - mostly senior citizens - homeless just days before Thanksgiving.
A Thanksgiving storm is forecast to bring rain, and even snow, for some parts of New York and New Jersey.
It's Thanksgiving week and what is expected to be a record number of people will be hitting the road or taking to the sky to celebrate.
New Jersey Sen. George Helmy said congestion pricing could drive businesses out of New York City and into the Garden State on "The Point with Marcia Kramer."
A Babylon boat yard went up in flames after an intoxicated woman drove the wrong way and crashed into boats, police said.
New Jersey Sen. George Helmy said congestion pricing could drive businesses out of New York City and into the Garden State on "The Point with Marcia Kramer."
Thanksgiving week starts Monday with partly sunny skies and temps in the mid 50s, but things will change from there.
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.
President Joe Biden and first lady Jill Biden made a rare visit to Staten Island on Monday to honor service members and their families ahead of Thanksgiving.
U.S. Attorney for the Southern District Damian Williams announced plans to resign Monday.
Special counsel Jack Smith asked a federal judge to toss out the charges against President-elect Donald Trump in the case stemming from the 2020 election.
New Jersey Sen. George Helmy said congestion pricing could drive businesses out of New York City and into the Garden State on "The Point with Marcia Kramer."
Democrats say they're concerned or scared Trump will threaten their rights, but fewer than half feel motivated to oppose him.
Whole Foods Market stores in five states sold recalled carrots and celery sticks that could contain E. coli.
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.
New York's iconic Blue Man Group is packing it in after more than 30 years on stage.
Chuck Woolery was inducted into the American TV Game Show Hall of Fame in 2007 and earned a daytime Emmy nomination in 1978.
Lawyers for actor Jonathan Majors and Grace Jabbari agreed to dismiss the case with prejudice, according to a joint filing in Manhattan federal court.
Cynthia Erivo, Ariana Grande, AMC and fans react to the debate over in-theater singing during "Wicked."
A federal judge is deciding whether to release Sean "Diddy" Combs on bail as he awaits trial on sex trafficking and racketeering charges.
Nico Hischier recorded his first career hat trick to give the New Jersey Devils a 5-2 win over the Nashville Predators.
Lucas Raymond scored the go-ahead goal in the third period and the Red Wings rallied to beat the Islanders 4-2.
The St. Louis Blues beat the New York Rangers 5-2 in Jim Montgomery's coaching debut.
The Buccaneers rushed for four touchdowns in a 30-7 victory over the Giants and new starting quarterback Tommy DeVito on Sunday.
The New York Rangers lost to the Edmonton Oilers 6-2 on Saturday night.
Tenants in a six-story building in Queens say they were forced to climb stairs amid a six-week-long elevator outage.
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.
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."
Vanessa Murdock has the Tri-State Area's updated Monday night forecast on CBS News New York.
A CBS News New York investigation found online sellers may be putting New York City's effort to prevent lithium-ion battery fires at risk. Tim McNicholas reports.
President Joe Biden and first lady Jill Biden took a rare trip to Staten Island to honor service members and their families ahead of Thanksgiving. CBS News New York's Jennifer Bisram reports.
President-elect Donald Trump says he will impose tariffs on Mexico, Canada and China on day one in office. CBS News New York's Dick Brennan reports.
Though messy weather is on the way, the problems at Newark Airport started because of a shortage of air traffic controllers. CBS News New York's Naveen Dhaliwal reports.