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.
On the day Cierra Danae Whitaker was arrested in Atlanta, police said she tried to avoid capture by hiding in an attic.
Alberto Arzola, 19, was shot and killed by an Anaheim police officer on Dec. 6.
Tatiana Schlossberg, the granddaughter of late President John F. Kennedy, has died after announcing a terminal cancer diagnosis in late November.
The San Bernardino County Sheriff's Department said three bodies were located, but recovery operations remain underway.
A CBS News California Investigation found data showing that hundreds of fires were ignited by illegal fireworks across Los Angeles in 2025, as well as the lack of action taken by law enforcement when they were called for the dangerous pyrotechnics.
The San Bernardino County Sheriff's Department said three bodies were located, but recovery operations remain underway.
On the day Cierra Danae Whitaker was arrested in Atlanta, police said she tried to avoid capture by hiding in an attic.
Alberto Arzola, 19, was shot and killed by an Anaheim police officer on Dec. 6.
Tatiana Schlossberg, the granddaughter of late President John F. Kennedy, has died after announcing a terminal cancer diagnosis in late November.
A CBS News California Investigation found data showing that hundreds of fires were ignited by illegal fireworks across Los Angeles in 2025, as well as the lack of action taken by law enforcement when they were called for the dangerous pyrotechnics.
On the day Cierra Danae Whitaker was arrested in Atlanta, police said she tried to avoid capture by hiding in an attic.
A CBS News California Investigation found data showing that hundreds of fires were ignited by illegal fireworks across Los Angeles in 2025, as well as the lack of action taken by law enforcement when they were called for the dangerous pyrotechnics.
A National Weather Service Wind Advisory is in effect until 3 p.m. Tuesday for many inland and mountain communities across Southern California.
Family uninjured after large tree falls onto Sylmar home in midst of strong Santa Ana winds
Search and rescue crews are searching for three hikers who were reported missing after heading out on Mt. Baldy on Monday morning, according to San Bernardino County authorities.
The city of Fullerton has canceled its New Year's Eve celebrations due to forecasted rain and high winds expected as the city rings in 2026.
Rock music legend Sammy Hagar has donated $10,000 to a 12-year-old boy who was injured when a helicopter crashed on him in Huntington Beach in October.
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.
Search and rescue crews are searching for three hikers who were reported missing after heading out on Mt. Baldy on Monday morning, according to San Bernardino County authorities.
A San Bernardino County resident is recounting the intense moments that he watched his neighbor get rescued from their home by helicopter when it was overcome with flooding waters during the recent winter storm.
The driver was the only passenger in the car, deputies said.
Deputies arrested a 51-year-old man in connection with the 2006 shooting in Highgrove, according to a news release from the Riverside County Sheriff's Office.
Five people, including two children, were injured in a two-car crash that happened after a large boulder fell onto Highway 18 near Big Bear Lake on Friday night.
Tatiana Schlossberg, the granddaughter of late President John F. Kennedy, has died after announcing a terminal cancer diagnosis in late November.
The recalled ground beef was sold to distributors in California, Colorado, Idaho, Montana, Pennsylvania and Washington.
Authorities in Mexico have seized a large collection of motorcycles believed to be owned by Ryan Wedding, the former Olympian wanted for allegedly running a major drug trafficking operation.
While many of the Minnesota day care centers in the video were cited and fined for safety violations, investigators previously found no evidence of fraud.
Luka Doncic scored 34, LeBron James had 24 points, and the Los Angeles Lakers snapped their three-game losing streak with a 125-101 win over the Sacramento Kings.
While many of the Minnesota day care centers in the video were cited and fined for safety violations, investigators previously found no evidence of fraud.
Israeli Prime Minister Benjamin Netanyahu also announced President Trump will receive the Israel Prize for his work on peace negotiations.
Bank of America Chairman and CEO Brian Moynihan stated last week that, as President Trump seeks a new chair of the Federal Reserve, maintaining the banking system's independence is paramount.
Karoline Leavitt and her husband, Nicholas Riccio, welcomed their first child, also named Nicholas, in July 2024.
Strikes against ISIS targets in Nigeria come after President Trump spent weeks accusing the West African country's government of failing to rein in the persecution of Christians.
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.
Macklin Celebrini became the third player to score 60 points this season with a goal and two assists in the San Jose Sharks' 5-4 victory over the Anaheim Ducks.
Zane Gonzalez kicked a 51-yard field goal with 21 seconds remaining and the Atlanta Falcons recovered after blowing two 21-point leads to upset the Los Angeles Rams 27-24.
Nathan MacKinnon scored the 399th goal of his career, Brock Nelson had a goal and an assist, and the surging Colorado Avalanche won their eighth in a row, 5-2 over the Los Angeles Kings.
The Miami Marlins have acquired outfielder Esteury Ruiz from the Los Angeles Dodgers in a trade for minor league right-hander Adriano Marrero.
Andrew Heaney has announced his retirement from Major League Baseball after 12 seasons, including a 2023 World Series Championship. He pitched for the Marlins, Angels, Dodgers, Pirates and Yankees over the course of his career.
The Grammy-winning artist Beyoncé became the fifth musician to achieve the wealth milestone, Forbes said Monday.
Rock music legend Sammy Hagar has donated $10,000 to a 12-year-old boy who was injured when a helicopter crashed on him in Huntington Beach in October.
It marks the second lawsuit in recent months accusing the filmmaker and studio mogul of leveraging his power in Hollywood to make sexual advances.
The band announced Perry Bamonte's death on their official website on Friday.
Feeding America's CEO said the organization is "incredibly grateful" for Taylor Swift's large donation.
Authorities located three deceased hikers on Mt. Baldy, and recovery efforts remain underway. Rick Montanez reports.
Federico Laboureau, owner of Fuegos LA, shares the restaurant's affordable, casual gourmet menu options.
Justin Kanton, Big Bear Mountain Resort, discusses Snow Summit's New Year's Eve celebration and conditions over the holiday.
Lorenzo Beronilla, donor recipient, talks about his experience along with donor April Wilson.
A CBS News California Investigation found data from the Los Angeles Fire Department showing that hundreds of fires were ignited by illegal fireworks across Los Angeles in 2025, as well as the lack of action taken by law enforcement when they were called for the dangerous pyrotechnics.
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.
