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.
Press secretary Karine Jean-Pierre faced repeated questions about whether visits to the White House by a Parkinson's disease specialist involved President Biden.
The Pirates scored five runs in the sixth inning on their way to an 8-2 win over the Mets on Monday.
Of 195 retail spaces in New York City's subway system, only 52 are open for business.
Testimony began Monday in the class action lawsuit filed against Lyft over its lack of wheelchair-accessible vehicles.
Closing arguments began Monday in New Jersey Sen. Bob Menendez's bribery trial, with a federal prosecutor telling jurors that Menendez put his power up for sale in return for bribes.
Of 195 retail spaces in New York City's subway system, only 52 are open for business.
Testimony began Monday in the class action lawsuit filed against Lyft over its lack of wheelchair-accessible vehicles.
Family and friends are speaking out after a woman's body was found wrapped in a sleeping bag on a New York City street. She had been shot in the head.
Excessive heat caused the Third Avenue Bridge to remain in the open position for several hours on Monday.
Citi Bike says it is raising the price of using one of their ebikes in New York City. They cite a variety of reasons for raising the price, which starts on July 10.
Heat advisories across the Tri-State Area mark the beginning of another very hot and humid week.
A Heat Advisory has been issued from 10 a.m. Monday through Tuesday at 8 p.m. for the majority of the region.
People from across the Tri-State Area have been flocking to the beaches to beat the heat and humidity. Several beaches in our area had already hit capacity by midday.
The NYC weather forecast calls for rain, but this map shows when the skies are expected to clear for the 4th of July fireworks.
Connecticut had several new laws start on July 1, 2024, including the school age cut-off and surveillance cameras meant to catch drivers who blow by buses.
Critical funding for the $16 billion Gateway tunnel project was made official Monday.
Heat advisories across the Tri-State Area mark the beginning of another very hot and humid week.
Police are searching for a man wanted for detonating an improvised fireworks device at a New Jersey block party.
A Heat Advisory has been issued from 10 a.m. Monday through Tuesday at 8 p.m. for the majority of the region.
The U.S. Department of the Interior has approved what would be New Jersey's first off-shore wind farm project.
A man stabbed a fellow amusement parkgoer at Adventureland over the weekend, police on Long Island said. The victim is in critical condition.
Heat advisories across the Tri-State Area mark the beginning of another very hot and humid week.
A Heat Advisory has been issued from 10 a.m. Monday through Tuesday at 8 p.m. for the majority of the region.
A funeral was held Saturday for NYPD Officer Emilia Rennhack. She was killed when an SUV slammed into a nail salon on Long Island on June 28.
Family, friends and well-wishers gathered Friday to pay their respects to NYPD Officer Emilia Rennhack, who was killed when an alleged drunk driver crashed into a nail salon on Long Island last month.
Press secretary Karine Jean-Pierre faced repeated questions about whether visits to the White House by a Parkinson's disease specialist involved President Biden.
Of 195 retail spaces in New York City's subway system, only 52 are open for business.
Closing arguments began Monday in New Jersey Sen. Bob Menendez's bribery trial, with a federal prosecutor telling jurors that Menendez put his power up for sale in return for bribes.
President Biden has been working to address concerns, especially among Democrats in Congress, about his ability to serve another term after his poor debate performance.
Critical funding for the $16 billion Gateway tunnel project was made official Monday.
FDA approval of the new Alzheimer's treatment, which will be branded as Kisunla, follows years of setbacks.
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.
Paramount Global, the owner of Paramount Pictures and CBS, will merge with a media company founded by David Ellison.
Alec Baldwin is charged with felony involuntary manslaughter in the Oct. 21, 2021, shooting death of Haylna Hutchins.
He worked with director James Cameron on the "Titanic" and the "Avatar" series.
It's the dawn of a new era at the Nathan's Famous Hot Dog Eating Contest. Patrick Bertoletti is the new men's champion, and Miki Sudo set a new record and retained the women's division title.
Ann Wilson, lead singer of rock band Heart, says she has cancer.
The Pirates scored five runs in the sixth inning on their way to an 8-2 win over the Mets on Monday.
Alec Bohm vs. Pete Alonso will bring a taste of the Philadelphia Phillies-New York Mets rivalry to the 2024 Home Run Derby.
With Jessica Springsteen not returning to Team USA's equestrian jumping team, here's who made the cut.
The Red Sox defeated the Yankees 3-0 on Sunday night, giving New York 15 losses in its last 20 games.
Aaron Judge and Juan Soto will start for the AL at the All-Star Game. Pete Alonso was selected as an NL reserve.
Accessibility improvements at Long Island Rail Road stations in Queens have been put on hold after congestion pricing was paused.
It's been several months since a new Trauma Recovery Center opened in Coney Island, and leaders say the community has responded in droves.
Beach erosion may be contributing to dangerous swimming conditions at Jacob Riis Park in Queens, and experts say common solutions come with consequences.
The Eliza Tower will provide "affordable luxury" to 174 low-income families. The most expensive three-bedroom is just $1,800 for families making 60% of the area median income.
The Boys & Girls Club of Harlem was not approved for replacement funding for a lapsed state after-school budget.
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.
CBS New York's Vanessa Murdock is calling for more temperatures in the 90s and much higher "feels like" temps over the next two days.
CBS New York's Ali Bauman spoke to some experts to get tips on what can be done to keep yourself and your loved ones healthy in the blistering conditions.
Friends and family are remembering Yazmeen Williams, whose body was found Friday just before 5 p.m. on 27th Street between Second and Third avenues. CBS New York's Jennifer Bisram reports.
He reiterated in a letter that Biden's physical in February showed no signs of anything consistent with any neurological disorder. CBS New York's Dick Brennan reports.
They got a firsthand look at how the city is protected. CBS New York's Jennifer Bisram reports.