Dow soars 1,500 points after Trump win, as investors bank on profits
Donald Trump's victory in the U.S. presidential election could boost economic growth and herald market-friendly policies, according to Wall Street.
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Donald Trump's victory in the U.S. presidential election could boost economic growth and herald market-friendly policies, according to Wall Street.
California-based electric car company Tesla on Monday announced that it bought $1.5 billion in bitcoin.
Kais Mohammad, 36, who was also known as "Superman 29," agreed to plead guilty to one count each of operating an unlicensed money transmitting business, money laundering and failing to maintain an effective anti-money laundering program.
A bakery break-in and the guy went straight for the dough. But it wasn't the kind of cash machine most are used to. This one is for bitcoin.
The victim is told the money must be received within nine days and the scammer even includes a "how-to" guide on paying with bitcoin.
A man and a woman dubbed the "Discount Bitcoin Bandits" have been charged with stealing thousands of dollars from people trying to buy bitcoin, in some instances outright robbing prospective buyers, prosecutors said.
A popular middle school program has turned to a blockchain-fundraising platform to raise money.
The Securities and Exchange Commission this week sent a letter to investment trade groups containing more than 30 questions that must be answered before a digital currency fund gets approval.
The price of the volatile digital currency dropped nearly 30 percent this week.
In a quiet suburb near Los Angeles, wild partying gave way to a multi-million dollar, illicit empire operating in the secret corners of the Web.
The plunge comes after its price soared by more than 1,000 percent since the start of the year.
An Inglewood man says he lost his life savings after investing all his money in the digital currency.
The hackers locked the school's file, email and messaging systems and threatened to delete them.
LinkedIn says a 2012 breach resulted in more than 100 million of its users' passwords being compromised — vastly more than previously thought.
The man Newsweek claimed is the creator of bitcoin has hired a lawyer in an attempt to clear his name, repeating a denial he made to The Associated Press more than a week ago that he has never had anything to do with the digital currency.
Two Los Angeles County Sheriff's deputies described in Newsweek's story about "the face behind Bitcoin" say the quotes attributed to Dorian Nakamoto and a deputy in the story are accurate.
KCAL9's Dave Bryan spoke with Satoshi Nakamoto outside of his home in Temple City, where media from around the world were camped out Thursday.
Jason Robertson had two goals and an assist, and the Dallas Stars beat the Anaheim Ducks 8-3 for their third straight win.
The highway leading into Wrightwood is washed out, due to flooding, with evacuation and safety warnings in place as crews work to get the situation in the area under control, according to San Bernardino County Fire.
An emphasis has been placed on burn scar areas that are more susceptible to flooding, mudslides and debris flows.
The California Highway Patrol is warning drivers to use alternate routes and use extra caution as roads are slick due to the heavy rain.
A prominent California farmer was arrested in the shooting death of his estranged wife in a remote mountain community in Arizona, authorities said.
An emphasis has been placed on burn scar areas that are more susceptible to flooding, mudslides and debris flows.
The highway leading into Wrightwood is washed out, due to flooding, with evacuation and safety warnings in place as crews work to get the situation in the area under control, according to San Bernardino County Fire.
The California Highway Patrol is warning drivers to use alternate routes and use extra caution as roads are slick due to the heavy rain.
A prominent California farmer was arrested in the shooting death of his estranged wife in a remote mountain community in Arizona, authorities said.
LAFD crews attempted to contain a fire that engulfed an industrial business in San Pedro.
The highway leading into Wrightwood is washed out, due to flooding, with evacuation and safety warnings in place as crews work to get the situation in the area under control, according to San Bernardino County Fire.
An emphasis has been placed on burn scar areas that are more susceptible to flooding, mudslides and debris flows.
The California Highway Patrol is warning drivers to use alternate routes and use extra caution as roads are slick due to the heavy rain.
LAFD crews attempted to contain a fire that engulfed an industrial business in San Pedro.
Braun Levi, 18, was about a month away from graduating when he died. His family moved to Manhattan Beach after the Palisades Fire destroyed their home.
It happened at around 10:23 p.m. on Saturday near S. Gilbert Street and Carol Drive, according to the Fullerton Police Department.
Police say that the shooting stemmed from a fight at a party on Friday night.
Southern California air quality regulators extended a no-burn alert for much of Los Angeles, Orange, Riverside and San Bernardino counties.
With Hanukkah underway and Christmas approaching, CBS LA is issuing a Next Weather Alert for rainy weather this holiday season.
The decision to settle was reached after a two-month civil trial in a wrongful death lawsuit.
The highway leading into Wrightwood is washed out, due to flooding, with evacuation and safety warnings in place as crews work to get the situation in the area under control, according to San Bernardino County Fire.
Two people were arrested for allegedly stealing a horse worth approximately $80,000 in November, according to the Riverside County Sheriff's Office.
Firefighters said that the pilot deployed an "airframe parachute system," which allowed the aircraft to make a safe landing in the Cleveland National Forest.
Firefighters said that two of the residence's five occupants were found dead after they extinguished the fire. "Multiple household pets" also died in the blaze, according to Murrieta Fire & Rescue.
The burglar stole the restaurant's safe and caused thousands of dollars in damage.
A prominent California farmer was arrested in the shooting death of his estranged wife in a remote mountain community in Arizona, authorities said.
Feeding America's CEO said the organization is "incredibly grateful" for Taylor Swift's large donation.
With no winner in Monday's drawing, the Powerball jackpot on Christmas Eve will be at least an estimated $1.7 billion.
Doctors and scientists say this year's influenza season could be tougher than usual, with a new version of the flu virus, called H3N2, spreading quickly.
The singer said an MRI showed a cancerous spot on one of his lungs after he recovered from a lengthy bout of bronchitis.
The Justice Department is facing continued backlash over its partial releases of the Epstein files, with lawmakers and survivors denouncing the limited scope of the disclosures.
Secretary of the Interior Doug Burgum said the agency is pausing leases for five offshore wind farms "due to national security concerns."
Rifts over the direction of the conservative movement emerged during Turning Point USA's conference, as speakers attacked each other by name.
The Department of Homeland Security has tripled its "exit bonus" offered to undocumented migrants who voluntarily leave the United States by Dec. 31, 2025.
If caught and seized, it would be the third Venezuelan tanker taken by the U.S. this month.
San Francisco officials said Tuesday that the city has filed a lawsuit against leading manufacturers of ultra-processed foods, accusing them of producing products linked to serious health issues and alleging that the companies knowingly made the foods addictive.
A bill that would reverse a 25% tax increase on California's legal cannabis industry is heading to Gov. Gavin Newsom's desk, after being approved by the legislature.
Meal kit delivery firm HelloFresh will pay $7.5 million to settle a lawsuit accusing it of misleading customers and making it difficult for them to cancel their subscriptions.
With the help of her daughter and her 5th-grade class, CBS News California (KCAL) Investigative reporter Julie Watts investigates "Sephora Kids" concerns.
A Southern California man has pleaded guilty for his role in a scheme that stole more than $2 million from San Francisco-based food delivery company DoorDash, federal prosecutors said.
Millions of people with an Affordable Care Act health plan face a massive jump in premiums next year — this chart shows just how much.
"I don't know how I'm going to pay for this," said one person with an Affordable Care Act plan that will cost her $1,100 a month starting in January.
San Francisco officials said Tuesday that the city has filed a lawsuit against leading manufacturers of ultra-processed foods, accusing them of producing products linked to serious health issues and alleging that the companies knowingly made the foods addictive.
In an interview with CBS News, FDA Commissioner Dr. Marty Makary explains what went into the decision to drop the most serious warnings on hormone therapy for menopause.
At least 11 people have contracted Salmonella linked to powder supplements sold at Sam's Club stores nationwide, health authorities said.
About 30% of San Francisco was without power at the height of the outage, according to utility provider PG&E.
The DMV said it is giving Tesla Motors 60 days to address its misleading use of "autopilot," or it could have its dealer license temporarily suspended.
California is set to join a growing list of states banning the practice of cat declawing, under a new law taking effect in January.
San Francisco officials said Tuesday that the city has filed a lawsuit against leading manufacturers of ultra-processed foods, accusing them of producing products linked to serious health issues and alleging that the companies knowingly made the foods addictive.
Waymo has begun offering autonomous robotaxi service using freeways for the first time in select cities in California and Arizona, the company announced.
Jason Robertson had two goals and an assist, and the Dallas Stars beat the Anaheim Ducks 8-3 for their third straight win.
Jordan Eberle had a power-play goal, Frederick Gaudreau and Ben Meyers also scored, and the Seattle Kraken held on for a 3-2 win over the Los Angeles Kings.
Kawhi Leonard scored 41 points and James Harden added 29 as the Los Angeles Clippers beat the Houston Rockets 128-108 on Tuesday night.
The Chargers will be represented by five players, including Justin Herbert and Derwin James Jr., while the Rams will send four players that include Matthew Stafford and Puka Nacua.
Dillon Brooks scored 25 points, Devin Booker added 21 and the Phoenix Suns pulled away in the second half to beat the Los Angeles Lakers 132-108.
Feeding America's CEO said the organization is "incredibly grateful" for Taylor Swift's large donation.
Vince Zampella, a video game developer known for pioneering iconic franchises like "Call of Duty," died in a car crash on the Angeles Crest Highway in Los Angeles County on Sunday afternoon.
The singer said an MRI showed a cancerous spot on one of his lungs after he recovered from a lengthy bout of bronchitis.
James Ransone, the actor who played Ziggy Sobotka in the HBO series "The Wire" and appeared in many other TV shows and movies, has died.
Comedian and actor Bowen Yang performed his final sketch on "SNL" Saturday night, after announcing his unexpected mid-season exit from the show.
San Bernardino County officials say evacuation warnings are in effect for much of Wrightwood as debris and mud flows through several areas.
Ariel Cohen said the rain’s impacts are going to continue to get worse, especially in LA County. It will take less rain to create more impacts as the ground becomes saturated into Wednesday afternoon, Cohen said.
A powerful winter storm has brought heavy rain to Southern California. The wet weather is expected to last through the Christmas holiday until Friday.
Desmond Shaw flies to Arcadia for tonight's Look At This!
Firefighters were working to contain what they deemed a "greater alarm" fire at a business in San Pedro on Tuesday night.
Widely considered the greatest architect of his time, Frank Gehry helped shape Los Angeles' skyline.
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.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
The Franklin Fire in Malibu quickly grew overnight and threatened several homes. Evacuation orders were issued and Pepperdine University instructed students to shelter in place.
Several people have been injured and multiple homes burned after the Mountain Fire broke out Wednesday morning in Ventura County, burning over 10,000 acres within hours.
