Final penny pressed at U.S. Mint in Philadelphia
The Treasury Department expects to save $56 million per year on materials by ceasing to make pennies.
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The Treasury Department expects to save $56 million per year on materials by ceasing to make pennies.
The U.S. Mint reported losing $85.3 million in the 2024 fiscal year that ended in September on the nearly 3.2 billion pennies it produced.
New York Attorney General Letitia James said "this level of access for unauthorized individuals is unlawful, unprecedented, and unacceptable."
The regional lender, whose collapse is the second-biggest bank failure in U.S. history, is the third bank to be seized by regulators since March.
The fight over the nation's debt limit could have very real implications on everything from your 401(k) to Social Security.
Some retail stores are now telling customers to use exact change or pay by credit or debit card.
A new Reuters/IPSOS poll shows two percent of U.S. adults say they received a raise, bonus, or other perk because of recently enacted tax reform legislation.
The priciest condos and luxury high rises in Manhattan sell for well over $20 million, and some of those prices are driven by foreign buyers who occasionally pay in cash.
It's that time again, time to use a lie detector on the people running the country.
It is the time of year when American's file their income taxes, but this year your refund could end up going to somebody else.
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.
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!
The Treasury invited 20 of the largest banks to a meeting to discuss an upcoming quarterly auction of government debt.
Schneiderman said the working group was created at the request of President Barack Obama and was just getting started on its investigation.
The former superintendent of New Jersey's fourth-largest school district could still get hundreds of thousands of dollars in pension, unused sick leave and vacation time even if he is convicted of bribery and fraud.
The plan would begin with the Treasury Department converting $49 billion in preferred stock it holds in AIG into common shares, according to the report.
Rex Heuermann, the man accused of being the Gilgo Beach serial killer, is expected to plead guilty to multiple murders when he appears in a Riverhead court on Wednesday.
Mayor Zohran Mamdani announced Tuesday that detainees at Rikers Island with complicated medical needs will be transferred to a Manhattan hospital to get access to specialty care.
American journalist Shelly Kittleson is being released on the condition that she leave Iraq immediately, an Iranian-backed militia in Iraq says.
The astronauts aboard Artemis II are the first humans to see some parts of the far side of the moon with the naked eye.
Iran's regime calls on civilians to shield power plants as Trump threatens "a whole civilization" with destruction if Tehran doesn't reopen the Strait of Hormuz.
Rex Heuermann, the man accused of being the Gilgo Beach serial killer, is expected to plead guilty to multiple murders when he appears in a Riverhead court on Wednesday.
Mayor Zohran Mamdani announced Tuesday that detainees at Rikers Island with complicated medical needs will be transferred to a Manhattan hospital to get access to specialty care.
These kids from Brooklyn are playing tennis in their school hallways, cafeterias and auditoriums, to make the most of limited space and resources.
Police officers in Nassau County are being lauded for their quick thinking after saving a diner patron who went into cardiac arrest last month.
A fire broke out along a row of businesses on Rockaway Avenue at around 5:30 p.m. Sunday. Three people, including a firefighter, suffered minor injuries.
When UConn plays Michigan for the NCAA Men's Basketball championship tonight in Indianapolis, there are a few places in New York City where fans can root on their schools.
The average price for a gallon of gas in New York City is now $4.11, which is 82 cents higher than a month ago, according to AAA.
Rain has returned for Easter Sunday in the New York area after the holiday weekend kicked off with May-like weather.
UConn's jaw-dropping buzzer beater catapulted them to the Final Four.
Bridgeport firefighter Terrence Cramer was killed after his girlfriend's ex shot him in a fit of rage at a Connecticut home, according to an arrest warrant.
Police in New Jersey are searching for a vandal who threw bricks through the windows of vehicles parked on streets in several Union County towns.
Early voting is underway in the New Jersey special election to fill the U.S. House seat vacated by Gov. Mikie Sherrill.
The average price for a gallon of gas in New York City is now $4.11, which is 82 cents higher than a month ago, according to AAA.
The move would reduce the minimum uninsured motorist coverage for ride-share services from $1.5 million to as low as $35,000.
Fire officials are investigating the cause of a multi-alarm fire at a former chemical manufacturer in Paterson, New Jersey.
Rex Heuermann, the man accused of being the Gilgo Beach serial killer, is expected to plead guilty to multiple murders when he appears in a Riverhead court on Wednesday.
Police officers in Nassau County are being lauded for their quick thinking after saving a diner patron who went into cardiac arrest last month.
A fire broke out along a row of businesses on Rockaway Avenue at around 5:30 p.m. Sunday. Three people, including a firefighter, suffered minor injuries.
A Coast Guard crew rescued four people after they were stranded on a yacht off the coast of Long Island during bad weather over the weekend.
The average price for a gallon of gas in New York City is now $4.11, which is 82 cents higher than a month ago, according to AAA.
Mayor Zohran Mamdani announced Tuesday that detainees at Rikers Island with complicated medical needs will be transferred to a Manhattan hospital to get access to specialty care.
Mayor Zohran Mamdani's administration released New York City's first Preliminary Citywide Racial Equity Plan and True Cost of Living Measure.
A new report is detailing just how much homelessness in New York City is negatively impacting students.
Early voting is underway in the New Jersey special election to fill the U.S. House seat vacated by Gov. Mikie Sherrill.
NASA Administrator Jared Isaacman outlined the most critical moments he expects in the coming days as Artemis II astronauts continue their journey around the far side of the moon.
What started as a sinus infection left a Long Island teenager fighting for his life, requiring emergency brain surgery.
Older adults in New Jersey recorded the highest number of suspected overdose deaths in 2025, according to the New Jersey Department of Health.
The first case of mpox clade I has been detected in New York City, health officials said Friday. Of the two types of mpox, clade I is known to cause more severe disease and death.
Heights University Hospital, formerly known as Christ Hospital, shuttered its emergency room Saturday night.
New Jersey Sen. Andy Kim is opening up about his father's Alzheimer's diagnosis in hopes of helping others struggling like him to care for their loved ones.
A federal judge in New York has tossed out actor Blake Lively's sexual harassment claims against actor Justin Baldoni over their roles in the movie "It Ends With Us," but left intact a claim for retaliation.
Atlanta rapper Gucci Mane was lured to a Dallas studio for a meeting, then allegedly kidnapped and robbed by a group including rappers Pooh Shiesty and Big30.
Megan Thee Stallion was released from a New York City hospital after she got sick during a performance of "Moulin Rouge! The Musical."
The price hike raises the cost of the standard plan with ads by $1 per month and the cost of the standard and premium plans by $2.
Savannah Guthrie stepped back from her NBC duties almost two months ago when her mother, Nancy Guthrie, disappeared. The investigation is ongoing.
The New Jersey Devils are parting ways with general manager Tom Fitzgerald in an abrupt late-season change of direction for a team that is set to miss the playoffs.
This is Michigan's second NCAA title in school history, and the win ends a 26-year national championship drought for the Big Ten.
CJ McCollum's half-court shot at the buzzer was ruled no good after a review and the Knicks held off the Hawks 108-105 on Monday night.
These kids from Brooklyn are playing tennis in their school hallways, cafeterias and auditoriums, to make the most of limited space and resources.
When UConn plays Michigan for the NCAA Men's Basketball championship tonight in Indianapolis, there are a few places in New York City where fans can root on their schools.
These kids from Brooklyn are playing tennis in their school hallways, cafeterias and auditoriums, to make the most of limited space and resources.
Preparations for Passover in Brooklyn blend centuries-old rituals with modern traditions unique to each family.
New York has filed a lawsuit against solar company Attyx, saying it didn't just sell panels, it sold promises it couldn't keep.
Long before Manhattan's iconic street grid took shape, an English widow planned a Brooklyn community that helped shape the city today.
The Center for Brooklyn History showcase examines the Battle of Brooklyn through rare maps, paintings, and historical artifacts from the American Revolutionary War.
People dressed in elaborate headgear and paraded up Fifth Avenue for New York City's Easter Sunday tradition.
The Halloween tradition strolled through Manhattan's East Village on Sunday, with furry friends dressed in colorful costumes.
A suspect was taken into custody after an attack on Pearl Street Mall in Boulder on June 1 in which there were 15 people and a dog who were victims. The suspect threw Molotov cocktails that burned some of the victims, who were part of a march for Israeli hostages.
The annual Easter Parade and Easter Bonnet Festival was held in Manhattan on April 20, 2025.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Three years ago, New York state took a huge step forward expanding access to biomarker testing, which is said to be a game changer in cancer care. Now, however, advocates fear the state could be taking a step back for those with Medicaid. CBS News New York's Jenna DeAngelis reports.
The Bomb Squad and FBI were called to investigate a mysterious loud boom coming from a park in Yonkers on Monday night.
The two suspects accused in the fatal shooting of a 7-month-old girl in Brooklyn were indicted Tuesday on multiple charges, including murder. CBS News New York's Lisa Rozner reports.
Talks in the war with Iran appear to have hit a stalemate as threats escalate. CBS News New York's Allen Devlin and Mahsa Saeidi report.
The show is a re-imagining of Andrew Lloyd Webber's "Cats," blending New York City Black and Latin LGBTQ+ ballroom culture. It runs through September at the Broadhurst Theatre. CBS News New York's Cindy Hsu reports.
