It’s the largest increase since 1982.
Program: CBS2 News At NoonCategories: Finance, News, Financial News, Financial Planning, General, Local News, WCBSTV, Google
Those Eligible For Social Security To See Near-6% Increase In Benefits In 2022It’s the largest increase since 1982.
Tony Dokoupil On His Reporting On Real Estate And Generational Wealth Disparities In AmericaCBS Mornings has done a series of stories on wealth in America, including the role of race. The typical Black family has only a fraction of the wealth of a white family, and many experts say real estate is the root of that problem. CBS News' Tony Dokoupil talks with Karie Johnston about the series.
Cascade Of Problems Around The World Leads To Sharp Losses On Wall StreetIt was the worst day for the markets since May. Despite the losses, the market did come back somewhat in the last 40 minutes of the day. CBS2's Dick Brennan reports.
How Do You Sign Up For The Federal Child Tax Credit Program?The federal child tax credit program is being expanded and will give families a boost. The payments are scheduled to start going out in a few weeks, so how do you sign up? CBS2's Natalie Duddridge reports.
Bernie Madoff Dies In Prison At 82Bernie Madoff, the infamous financier who pleaded guilty to orchestrating the largest Ponzi scheme in history, has died in a federal prison.
GameStop Shares Surge Nearly 104% WednesdayGameStop shares surged on Wall Street on Wednesday.
More Fallout Over GameStop Stock Trading FrenzyA situation some a calling a David vs. Goliath battle came to a head on Wall Street.
GameStop's Wild Ride Continues On Wall StreetGameStop's wild ride is continuing on Wall Street. Small investors had sent the stock soaring, in part to punish hedge funds betting against it, and Thursday, there was a new turn; CBS2's Dick Brennan reports.
Retail Brokerage Firms Limiting Trading On GameStop StockThere's more backlash to the GameStop trading frenzy. Retail brokerage firms are now limiting trading on the stock, which has been surging this month; CBS2's Dick Brennan reports.
GameStop Shares Skyrocketing Thanks To Everyday InvestorsEveryday investors have inflicted pain on professional traders who made big bets that GameStop shares would fall. Instead, it's skyrocketing, up 800% in a week; CBS2's Tony Aiello reports.
President-Elect Joe Biden Unveils COVID Relief Plan As New York Receives Additional FundingPresident-elect Joe Biden has unveiled a plan to send more money directly to Americans; CBS2's Dick Brennan reports.
How The Pandemic Could Impact Your TaxesWith 2021 now underway, it's a good time to start thinking about April and the IRS; Nichelle Medina reports for CBS2.
Nancy Pelosi Reports Progress In Stimulus NegotiationsPelosi has set Tuesday night as the deadline for reaching an agreement if a package is to be passed before the November 3rd election.
Plunge In Tourism Dollars Spells Big Trouble For NYC And New York StateNew statistics from the New York State Comptroller's office shows New York City sales tax makes up for nearly half of the statewide revenue. Without strong numbers, the state comptroller says the fiscal health of local governments is at risk. CBS2's Lisa Rozner reports.
Appeals Court: President Trump Must Turn Over Tax Records To Manhattan District AttorneyPresident Donald Trump must turn over his tax records to a New York state prosecutor, an appeals court ruled Wednesday. The legal setback for the president comes amid confusion over his stance on continuing stimulus negotiations. Debra Alfarone reports.
Stimulus Check Update: IRS Extending Deadline For Some To Apply For $1,200 Government Stimulus CheckThe $1,200 checks were issued in the spring, but the IRS used tax return data to process the checks, and many Americans don’t file a return.
Employers Slowed Hiring In July As Coronavirus Spread In U.S.Hiring slowed in July as coronavirus spread throughout many parts of the country, government figures indicate. Michael George reports.
Government Distributing Federal Stimulus Money With Prepaid Debit CardsHas an unsolicited debit card arrived in your mail? Don't be so quick to discard it as a scam because the government is distributing federal stimulus money this way. CBS2's Andrea Grymes has more on that along with the latest unemployment numbers.
Coronavirus Progress: NYSE Set To Open Trading Floor Tuesday For First Time Since March 23Two months ago, for the first time in its history while the markets remained open, the trading floor at the New York Stock Exchange closed. Tuesday marks a new chapter -- it's reopening. CBS2's Kristine Johnson spoke with Stacey Cunningham, the president of the Stock Exchange.
Why Are Hundreds Of Thousands Of New Jersey Residents Still Waiting For Unemployment Checks?Hundreds of thousands of people in New Jersey are still waiting for financial relief, so why is it taking so long? CBS2's Dave Carlin is demanding answers.
Hundreds Of Thousands Of NJ Residents Still Waiting For Unemployment ChecksAs states look at slowly reopening the economy, some residents are still waiting for financial relief. Hundreds of thousands of people haven't received unemployment checks in New Jersey; CBS2's Nick Caloway reports.
Coronavirus Shutdown: Unemployment Rate Hits Highest Level Since Great DepressionOn Friday, the nation's unemployment rate hit its highest level since the Great Depression. It nearly tripled in April to almost 15%; CBS2's Jenna DeAngelis reports.
U.S. Citizens Missing Out On Stimulus Checks Based On Spouse's Immigration StatusThey followed the rules and filed their taxes on time, but many U.S. citizens are not getting those desperately needed stimulus checks because of their spouse's immigration status; CBS2's Christina Fan reports.
Weeks Into Coronavrius Pandemic, New Yorkers & New Jerseyans Are Still Struggling To File For UnemploymentWith another 4 million Americans filing for unemployment, there are still obstacles for many people trying to get benefits; CBS2's Jessica Layton reports.