Union rejects railroad pact, raising risk of national strike
Train conductors vote against wage deal with rail companies brokered by the Biden administration.
Train conductors vote against wage deal with rail companies brokered by the Biden administration.
Annual holiday feast is likely to see sharply higher prices for turkey and other traditional food items.
"I got this wrong," admits CEO Mark Zuckerberg as his company grapples with faltering revenue and broader tech industry woes.
Surge in borrowing costs is pushing some buyers out of the market, while sellers face a quandary.
Truss faced a fast-mounting rebellion just weeks into her tenure, with a senior member of her own party declaring he'd "had enough of talentless people."
In a move that could drive up gas prices, the oil cartel will cut production by 2 million barrels per day starting in November.
"The Fed isn't about to 'pivot' and there is more monetary tightening to come," said one analyst.
The bill's passage is a significant achievement for Democrats as they look to maintain their hold on Congress in the November midterm elections.
The Federal Reserve, as expected, announced it is raising interest rates by three-quarters of a percentage point to help tamp down inflation. CBS News' Tanya Rivero and Christina Ruffini get analysis of the economic and political impact from Ted Rossman, senior industry analyst at Bankrate.com; CBS News political correspondent Caitlin Huey-Burns; and Michelle Singletary, Washington Post personal finance columnist.
The rise in the federal funds rate, which is what banks charge each other for overnight loans, comes as several significant pieces of economic data are released this week.
After billionaire Elon Musk said that he was abandoning his $44 billion buyout, Twitter vowed to pursue him in court.
The start of 2022 has pushed Wall Street into a bear market. Here's what the rest of the year could hold for investors.
"Inflation is much too high," Fed Chair Jay Powell said of the U.S. central bank's largest rate hike since 1994.
Manufacturers are again downsizing packaging in an effort to ease the hit from inflation. Are they going too far?
News alleviates investor doubts over billionaire's resolve, sending Twitter stocks up 5.5% in after-hours trading.
Billionaire Elon Musk said Tuesday he intends to reverse Twitter's ban against former President Donald Trump. CBS News' Tanya Rivero and Dan Patterson break down this announcement with CBS News tech reporter Dan Patterson.
As prices continue to rise in the midst of one of the largest periods of inflation America has ever seen, Dr. Christopher Thornburg, an economist and cofounder of Beacon Economics, joined the studio to offer advice on how people can prepare for "recession shock."
A warning from Bank of America has brought more questions than answers as experts warn of an oncoming recession. Dr. Richard Thornburg, an economist and founding partner of Beacon Economics, joined the studio to discuss the potential "recession shock" and what it means.
President Biden on Thursday announced the release of 180 million additional barrels of oil over the next six months to combat gas prices, as well as urged Congress to impose fees on companies that he accuses of "hoarding without producing" and discussed his plans to boost the domestic production of critical minerals. CBS News' Tanya Rivero and Meg Oliver sit down with Tamar Essner, a principal at Vectis Energy Partners, to discuss.
After backing out of a high-profile trip to the World Climate Conference, rumors and conspiracy theories began to emerge online about the Governor's handling of the job.
The consumer price index rose four tenths of a percent in September, 5.4 percent higher than what it was last year according to the U.S. Labor Department.
While many people worry about the long term economic effects of the coronavirus pandemic, some economists said the bounce back may be quicker than expected.
Amazon and Netflix continue to do well as coronavirus isolates people in their homes, but many other companies have benefited or may soon.
President Trump on Tuesday said he wants the U.S. "opened up" by Easter Sunday, which falls on April 12, despite an acceleration of coronavirus cases across the country.
Nearly 1 in 5 Americans say they have been laid off or have had their work hours cut over the coronavirus pandemic.
Los Angeles County is suing the owners and operators of the Chiquita Canyon Landfill in Castaic, alleging the site has released hazardous gases hurting the health of local residents who have complained of headaches, difficulty breathing and heart problems.
Tory Lanaz, who is serving a 10-year prison sentence for shooting Megan Thee Stallion in the feet, is harassing her from prison through surrogates, the petition alleges.
The future of the beloved Reche Canyon donkey community has residents at odds over how the situation is being handled, and where the animals may actually end up.
The suspect allegedly kidnapped at least two women, including a case where a woman was held captive for roughly two weeks.
The thieves took off with half a truckload of toys meant for the children in need.
One week after the Franklin Fire erupted in Malibu, new red flag warnings have been issued for the same areas.
Los Angeles County is suing the owners and operators of the Chiquita Canyon Landfill in Castaic, alleging the site has released hazardous gases hurting the health of local residents who have complained of headaches, difficulty breathing and heart problems.
Tory Lanaz, who is serving a 10-year prison sentence for shooting Megan Thee Stallion in the feet, is harassing her from prison through surrogates, the petition alleges.
The future of the beloved Reche Canyon donkey community has residents at odds over how the situation is being handled, and where the animals may actually end up.
The suspect allegedly kidnapped at least two women, including a case where a woman was held captive for roughly two weeks.
Los Angeles County is suing the owners and operators of the Chiquita Canyon Landfill in Castaic, alleging the site has released hazardous gases hurting the health of local residents who have complained of headaches, difficulty breathing and heart problems.
The suspect allegedly kidnapped at least two women, including a case where a woman was held captive for roughly two weeks.
The thieves took off with half a truckload of toys meant for the children in need.
A Christian Bible college based in Southern California has been ordered to cease operations after state inspections discovered empty classrooms, an inadequate handling of records and courses being taught via live-stream at its campuses.
The motion directs the county's Department of Human Resources and other relevant departments to expedite recruitment and hiring to ensure full staffing at Los Padrinos.
The suspect allegedly kidnapped at least two women, including a case where a woman was held captive for roughly two weeks.
It happened just after 3 p.m. on Santiago Canyon Road, according to the California Highway Patrol.
Murphy died at his home after suffering an unspecified medical emergency, according to city officials.
An Irvine neighborhood is living on edge after several homes were burglarized in a string of recent break ins, which police say are the work of a transnational crime ring.
Edgar previously served as the Chief Financial Officer and Associated Deputy Under Secretary of Management for the Department of Homeland Security during Trump's first term in the White House.
The future of the beloved Reche Canyon donkey community has residents at odds over how the situation is being handled, and where the animals may actually end up.
It happened at around 8:30 p.m. along southbound lanes of I-215, just north of Scott Road, according to the California Highway Patrol.
It happened at around 9 p.m. on Friday in the 26100 block of Newport Road, according to the Menifee Police Department.
Authorities say that more arrests are anticipated.
Deputies were called to the area in order to investigate a "suspicious circumstance" and found a 56-year-old woman who was suffering from trauma.
Is your recycled Starbucks cup ending up where you expected? A CBS News investigation says that it probably isn't.
While sometimes slow, the tracing system from the Bureau of Alcohol, Tobacco Firearms and Explosives played an instrumental role in helping law enforcement locate the man who opened fire inside a Monterey Park dance hall in 2022.
Following a deadly hijacking of a Metro bus, Ross Palombo digs through data about violence on the Metro system.
Ross Palombo goes over the crime statistics available for the Metro.
KCAL News investigates connection between Beverly Hills armed robbery and gun belonging to notorious police killer Christopher Dorner.
Tory Lanaz, who is serving a 10-year prison sentence for shooting Megan Thee Stallion in the feet, is harassing her from prison through surrogates, the petition alleges.
ABC News agreed to contribute $15 million to President-elect Donald Trump's presidential foundation and museum to settle the defamation suit filed by Trump.
Former House Speaker Nancy Pelosi underwent a successful hip replacement after an injury in Europe.
President-elect Donald Trump huddled with allies while attending one of college football's biggest rivalries.
Former House Speaker Nancy Pelosi is in the hospital after sustaining an injury on an overseas trip in Luxembourg, her office said Friday.
Rep. Mike Waltz said President-elect Donald Trump has a good relationship with Hungarian Prime Minister Viktor Orbán, who he said also has ""regular engagement" with Russia amid its war with Ukraine.
ABC News agreed to contribute $15 million to President-elect Donald Trump's presidential foundation and museum to settle the defamation suit filed by Trump.
Former House Speaker Nancy Pelosi underwent a successful hip replacement after an injury in Europe.
President-elect Donald Trump huddled with allies while attending one of college football's biggest rivalries.
Former House Speaker Nancy Pelosi is in the hospital after sustaining an injury on an overseas trip in Luxembourg, her office said Friday.
Grocery giant Albertsons will pay nearly $4 million to settle a lawsuit accusing it of overcharging customers at hundreds of Albertsons, Safeway and Vons supermarkets.
A federal judge has blocked a new California law allowing any person to sue for damages over election deepfakes.
Californians with iPhones and Apple Watches will now be able to store digital versions of their driver's licenses and identification cards on their devices, state officials announced.
The authorization comes after a week-long voting period for the more than 6,000 Food4Less workers represented by the United Food and Commercial Workers Local union.
A string of recalls connected to Wisconsin-based supplier Schreiber Foods has now extended to Aldi stores after similar recalls at Hy-Vee and other grocery chains.
Cases now reported in eight states related to Yu Shang Food products sold online and at stores nationwide, officials say.
Public health officials are urging residents and business owners to monitor their water sources after seven people reported contracting Legionnaire's Disease in recent days.
The first case in the U.S. of a more severe strain of mpox was reported in San Mateo County, the California Department of Public Health said.
The "Dawson's Creek" alum shared the news on Sunday and said that despite the diagnosis, there is "reason for optimism, and I'm feeling good."
Public health officials have reported two more locally acquired cases of the mosquito borne illness dengue in Los Angeles County, bringing the total to 11 cases in recent weeks.
The lawsuit contends that multiple food truck operators have created constant nuisance outside of the store in the form of congestion, trash generation and rudeness to store employees.
California Gov. Gavin Newsom announced Monday that the state would renew a rebate program for electric vehicles if the incoming Trump administration eliminates the current federal tax credit.
Avid coin collectors jumped at the chance to get their hands on a rare "double eagle" gold coin at a Southern California auction house.
Los Angeles County is taking on Pepsi and Coke for their role in plastic pollution.
Two more members of the Los Angeles Times editorial board have resigned after the newspaper's owner blocked its plan to endorse Democratic Vice President Kamala Harris for president.
The NFL announced that the Patriots will be playing a Saturday afternoon game in Week 17 against the Chargers.
James Harden scored 24 of his 41 points in the first quarter and the Los Angeles Clippers rolled to a 144-107 victory over the Utah Jazz while reaching a season-high scoring total.
Janiah Barker had her fourth double-double of the season with 12 points and 13 rebounds and top-ranked UCLA led throughout in its 69-37 victory over Cal Poly on Monday night at Pauley Pavilion.
Anthony Davis had 40 points and 16 rebounds, LeBron James added 18 points in his return and the Los Angeles Lakers beat the Memphis Grizzlies 116-110 on Sunday night.
Desmond Claude scored 19 points, Saint Thomas scored 13 of his season-high 17 points in the the first half and Southern California never trailed as the Trojans beat Montana State 89-63.
Tory Lanaz, who is serving a 10-year prison sentence for shooting Megan Thee Stallion in the feet, is harassing her from prison through surrogates, the petition alleges.
A spokesperson for Foxx said that he had to get stitches after he was hit in the face by a glass thrown from someone else in the restaurant.
Sean "Diddy" Combs filed a motion Friday to dismiss his appeal for bail, meaning he will stay in jail until his trial on sex trafficking charges in May 2025.
Paula Abdul and former "American Idol" producer Nigel Lythgoe have agreed to settle a lawsuit in which she alleged he sexually assaulted her in the early 2000s when she was a judge on the show.
Jamie Foxx opened up about why he was hospitalized for several weeks in April 2023.
Luzdelia Caballero reports from Malibu, where the firefight against the Franklin Fire continues after a week. It comes at a time that new red flag warnings have been issued for the region.
Rina Nakano shows us how their handmade toys are bringing simple joy to military kids.
Whether it's their morning coffee or a glass of wine at sunset, every day Irma Cameron and Joanne Gates take in the beautiful view from their terrace at Everleigh Senior Community in San Clemente. Nik Zecevic reports.
The thieves took off with half a truckload of toys meant for children in need. Michele Gile reports.
Los Angeles County is suing the owners and operators of the Chiquita Canyon Landfill in Castaic, alleging the site has released hazardous gases hurting the health of local residents who have complained of headaches, difficulty breathing and even cardiac issues.
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.
KCAL News Anchor and three-time Emmy award-winning journalist Chauncy Glover has died.
Los Angeles comes out to celebrate the Boys in Blue two days after winning the 2024 World Series.
The Los Angeles Dodgers are World Series champions after defeating the New York Yankees in game 5.