Stocks come back strong, shrugging off hot inflation reading
Dow swings more than 1,300 points as investors glimpse reasons for hope in September consumer price index.
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Dow swings more than 1,300 points as investors glimpse reasons for hope in September consumer price index.
Natalie Brand reports on the economic worries business owners have as they consider options during midterm elections (10-11-2022)
Wall Street is concerned that Friday's stronger-than-expected jobs report could prompt more rate hikes from the Fed.
Naomi Ruchim reports on effort by Feds to curb inflation by hiking interest rates (9-21-2022)
It has been a trying week for the stock market and investors, with all major indices in the red on Friday. Hope King, business reporter for Axios, discusses what may be coming next, and how you can protect your money.
There are some encouraging signs of life in downtown San Francisco after three tough years of empty streets and vacant offices.
At Margaritas Mexican Restaurant in Redwood City, owner Ramon Bravo has seen a lot in his 21 years in business but he says this has been the hardest for him
Democrats hope to have the ''Inflation Reduction Act'' ready for President Biden to sign by the end of the week.
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 travel industry was hit hard by the pandemic but, in San Jose, the evidence is clear that the leisure and hospitality business is on the rebound. Len Ramirez reports. (8-5-22)
Friday's report showing unexpectedly strong employment gains is easing fears of a recession. Shawn Chitnis reports. (8-5-22)
Job growth last month blows past analyst forecasts, as the U.S. jobless rate fell to the lowest since February 2020.
CEO Vlad Tenev says soaring inflation and cryptocurrency crash is discouraging customers from trading.
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.
More than 250,000 people applied for unemployment benefits last week, the highest number since November.
But sales of previously occupied homes have slowed sharply amid higher mortgage rates and rising prices.
The ongoing aluminum can shortage is changing the way some craft breweries are conducting business.
After months of increases, some costs associated with transportation -- namely fuel -- are finally starting to go down.
Skyrocketing inflation is impacting many business sectors, but it is also hitting Bay Area food lovers right in the gut.
After billionaire Elon Musk said that he was abandoning his $44 billion buyout, Twitter vowed to pursue him in court.
The hospitality sector in San Francisco is recovering jobs and the labor market is hot, but a recession may be coming, comments from the city's chief economist and the most recent report from the city Controller's Office reveal.
Investors are monitoring economic data for clues on inflation trajectory, with eye on Friday release of June employment numbers.
California's gas tax will go up just as people hit the road for the holiday weekend. There's a new effort in Sacramento to try to lower prices.
Tourists are already arriving in San Francisco for Pride and local businesses say it's an important boost to the economy. Shawn Chitnis reports. (6-23-22)
A San Francisco judge dismissed most of the charges against an activist group arrested in the Golden Gate Bridge case, a press release issued Friday said.
Chuck Woolery was inducted into the American TV Game Show Hall of Fame in 2007 and earned a daytime Emmy nomination in 1978.
Car dealers will inspect and replace the control unit and a fuse if needed, as well as update software.
It was a pretty busy Saturday night in downtown Napa, almost as if you'd never know the atmospheric river passed through just the day before.
Residents and small business owners feel fortunate there weren't massive problems as an atmospheric river rolled through the town of San Anselmo.
A San Francisco judge dismissed most of the charges against an activist group arrested in the Golden Gate Bridge case, a press release issued Friday said.
Chuck Woolery was inducted into the American TV Game Show Hall of Fame in 2007 and earned a daytime Emmy nomination in 1978.
Car dealers will inspect and replace the control unit and a fuse if needed, as well as update software.
It was a pretty busy Saturday night in downtown Napa, almost as if you'd never know the atmospheric river passed through just the day before.
Residents and small business owners feel fortunate there weren't massive problems as an atmospheric river rolled through the town of San Anselmo.
A San Francisco judge dismissed most of the charges against an activist group arrested in the Golden Gate Bridge case, a press release issued Friday said.
The turkeys and other food collected go to the San Francisco-Marin Food Bank and then out to community organizations.
A sinkhole opened up on Highway 101 in San Francisco Saturday morning, Caltrans said.
Some San Francisco roadways and neighborhoods experienced minor flooding Friday as the atmospheric river dumped heavy rain on the city.
Flash flood warnings were issued Friday afternoon for several Bay Area counties where instances of flooding deemed "life-threatening" were occurring.
The Bay Area is getting a break after the heavy rainfall on Friday, but the amount of rain that fell means some areas remain at risk of minor flooding.
From downed trees to power outages to flooded streets, Friday's storm caused big problems for many East Bay residents.
A 10-year-old girl from Antioch is being credited for thwarting an attempted carjacking of her mother's vehicle by fighting off a would-be thief on Wednesday, police said.
BART's San Leandro station was closed Friday afternoon because of police activity, the agency said.
A California child was confirmed to be the first U.S. child to become infected with bird flu, the U.S. Centers for Disease Control and Prevention announced Friday.
The manager of a boxing gym in San Jose has been arrested on felony sexual assault charges after he allegedly committed sex crimes against three women, prosecutors said.
In Pacifica, like other spots along the coast, the potentially dangerous surf conditions are more of an issue than the rain.
Police in the South Bay have made an arrest after a man was found fatally shot in Morgan Hill on Wednesday morning.
Eataly, the gourmet Italian marketplace blending restaurants, cafes, and specialty products, offers an immersive experience designed to transport visitors straight to Italy.
A Mountain View barber accused in multiple sexual assaults in which the victims were unconscious has fled from prosecution and is now a fugitive, authorities said Wednesday.
It was a pretty busy Saturday night in downtown Napa, almost as if you'd never know the atmospheric river passed through just the day before.
Residents and small business owners feel fortunate there weren't massive problems as an atmospheric river rolled through the town of San Anselmo.
A man's death is under investigation in Santa Rosa after he was found dead in a creek Saturday morning after an atmospheric river dumped rain, authorities said.
A man died when he was found in a flooded vehicle after an atmospheric river dumped heavy rain in Northern California, authorities said.
The Bay Area is getting a break after the heavy rainfall on Friday, but the amount of rain that fell means some areas remain at risk of minor flooding.
Victor Wembanyama scored 25 points, Harrison Barnes had 22 and the San Antonio Spurs overcame a 17-point third quarter deficit to beat the Golden State Warriors 104-94.
Joe Thornton spent a career setting up his teammates with the perfect passes that helped them score goals.
Fernando Mendoza threw for 299 yards and three touchdowns, Jonathan Brady had two touchdown catches and the go-ahead score and California rallied to beat Stanford 24-21 in the first Big Game as members of the Atlantic Coast Conference.
San Francisco 49ers quarterback Brock Purdy will miss Sunday's game against the Green Bay Packers with a sore throwing shoulder.
A trailblazing coach for the San Francisco Giants is leaving the team for another MLB gig.
A San Francisco judge dismissed most of the charges against an activist group arrested in the Golden Gate Bridge case, a press release issued Friday said.
A 10-year-old girl from Antioch is being credited for thwarting an attempted carjacking of her mother's vehicle by fighting off a would-be thief on Wednesday, police said.
BART's San Leandro station was closed Friday afternoon because of police activity, the agency said.
The manager of a boxing gym in San Jose has been arrested on felony sexual assault charges after he allegedly committed sex crimes against three women, prosecutors said.
Prosecutors rested their case Thursday in the trial of Nima Momeni, the tech consultant accused of fatally stabbing Cash App founder Bob Lee in April 2023.
Prosecutors rested their case Thursday in the trial of Nima Momeni, the tech consultant accused of fatally stabbing Cash App founder Bob Lee in April 2023.
The proposed breakup calls for Google to sell its industry-leading Chrome web browser and impose restrictions designed to prevent its Android smartphone software from favoring its search engine.
Reddit says it's investigating after users on Wednesday reported problems connecting to the online forum.
A study found that Elon Musk is the most common celebrity used in deepfake scams.
Autonomous vehicle company Cruise LLC agreed to a $500,000 fine Thursday after admitting to a false report following a crash last year in which one of its vehicles dragged a pedestrian in San Francisco.
A California child was confirmed to be the first U.S. child to become infected with bird flu, the U.S. Centers for Disease Control and Prevention announced Friday.
Whole Foods Market stores in five states sold recalled carrots and celery sticks that could contain E. coli.
The FDA sent a warning letter flagging "significant violations" of manufacturing regulations for Tom's of Maine toothpaste.
Officials with the California Department of Public Health (CDPH) said they have identified a possible bird flu case in a child in Alameda County.
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.
Scott Bessent, the founder of the Connecticut-based hedge fund Key Square Group, had been making a full-court press for the post.
Trump's sentencing in the "hush money" case has been delayed by a New York judge.
The Supreme Court issued its first opinion of the term, a one-line decision dismissing Facebook's appeal.
California Gov. Gavin Newsom traveled into a part of the state that supports President-elect Donald Trump Thursday, speaking about jobs in a county that flipped from Democrat to Republican support this election cycle.
President-elect Donald Trump made the announcement Thursday evening after Matt Gaetz withdrew himself from consideration.
In many Indigenous cultures across the Americas, gender is recognized as fluid, contrasting sharply with Western norms. Jose Martinez reports.
In many Indigenous cultures across the Americas, gender is recognized as fluid, contrasting sharply with Western norms.
As San Jose State University women's volleyball team gears up for their final games of the regular season, a new lawsuit is challenging their post-season eligibility.
Festivities began Friday for Dia de los Muertos -- or Day of the Dead, with those who celebrate preparing altars to honor family members who have passed.
A jury in Santa Clara County on Wednesday convicted a Milpitas man of murder for killing his transgender partner in 2021, prosecutors said.
Chuck Woolery was inducted into the American TV Game Show Hall of Fame in 2007 and earned a daytime Emmy nomination in 1978.
Veteran Bay Area punk greats Victims Family returns to action with this intimate, sold-out show celebrating their 40th anniversary at the Big Easy in Petaluma Saturday night.
Lawyers for actor Jonathan Majors and Grace Jabbari agreed to dismiss the case with prejudice, according to a joint filing in Manhattan federal court.
Alice Brock, whose Massachusetts-based eatery helped inspire Arlo Guthrie's deadpan Thanksgiving standard, "Alice's Restaurant," has died at age 83.
The 18th edition of the Sleepless Nights benefit concert paying tribute to country-rock pioneer Gram Parsons brings an array of artists to the Chapel in San Francisco Friday night.
Ever since the COVID-19 pandemic, the Oakland Unified School District has seen an alarming spike in the number of unhoused students in the school system who deal with a host of challenges far beyond what most children face.
Meteorologist and CBS News Bay Area's resident pilot Lt. Jessica Burch got a treat during Fleet Week, taking to the skies with one of the Blue Angels.
A Bay Area man discovered his devastating loss left him with a new opportunity to rethink how he lives -- follow his journey in virtual reality, 360-degree video.
A groundbreaking medical study involving the UCSF Medical Center has shown some colorectal cancer patients can safely skip radiation treatment and enjoy a potentially higher quality of life.
Every day, San Francisco bar pilot Captain Zach Kellerman goes through what might just be the world's most dangerous commute.
with Zoe Mintz.
CBS News Bay Area morning edition headlines for Nov. 24, 2024. Watch full newscasts streamed at the CBS SF website or on the app.
It was a pretty busy Saturday night in downtown Napa, almost as if you'd never know the atmospheric river passed through just the day before.
The positivity in the St. Emydius Church parking lot in San Francisco was contagious on a soggy Saturday morning.
Here's the latest headlines.
This week's Jefferson Award winner is Army veteran who continues to live a life of service into his 80s, by feeding hundreds of San Francisco families a week.
An Oakland woman has brought the joy of dance and an appreciation for African American culture to performers and audiences for 52 years.
This week's Jefferson Award winner is a Berkeley woman who has promoted child literacy for four decades, as host of a community TV show encouraging young poets.
With hate crimes on the rise in the U.S., a pair of Oakland women have been equipping people with self-defense tools for free.
If a picture is worth a thousand words, what are two million photos worth? A history of Asian Americans in the Bay Area, for this week's Jefferson Award winner.
A Bay Area man who overcame tremendous obstacles to excel in school has made it his mission to gear up other students for success in the classroom and in life.
For Students Rising Above scholar Josh Collins it took moving across the country to realize the value of his Bay Area family.
Samir Hooker had to grow up fast after his stepfather was shot dead 12 years ago. Now he is watching over his mom and sister while attending UC Berkeley.
It's hard enough to graduate from one of the most prestigious schools in the country when you're the first in your family to go to college. Imagine doing that while you're also trying to protect your parents from being deported?
Some students who are the first in their families to go to college face the challenge of balancing a rigorous academic load while still working to help support their family back home.