Inflation runs hot for a third straight month, led by by gas and rent
The hotter-than-expected inflation reading could cause the Federal Reserve to delay interest rate cuts, analysts said.
The hotter-than-expected inflation reading could cause the Federal Reserve to delay interest rate cuts, analysts said.
Economists say Americans should be more upbeat about the economy given strong job growth and lower inflation.
A rise in the number of home listings with price cuts suggests a return to a more balanced dynamic between buyers and sellers.
Shawn Chitnis reports on La Vaca Birria owner Ricardo Lopez explaining why costs forced him to raise the price of his popular burrito to $22.
Americans can expect ebbing inflation and a strong job market this year, according to the National Association for Business Economics.
While inflation has shown signs of cooling, mortgage rates and home prices are still stubbornly high, making it challenging for many Americans to buy homes. Elise Preston reports.
Higher food prices partly caused the hotter-than-expected inflation report. Getting pinched at the grocery store is souring Americans on the economy.
Consumer prices in January rose 3.1% from a year earlier, higher than economists had forecast, as food and housing costs jumped.
The U.S. economy ended 2023 with stronger than expected growth, the Commerce Department reported Thursday. However, it's been a tale of two economies for many Americans. Nikki Battiste explains.
The U.S. housing market slumped badly last year amid surging mortgage and a dearth of affordable properties, new data shows.
CBS Business Analyst Jill Schlesinger speaks with Nicole Zaloumis about where the U.S. stands on inflation carrying into the new year and if people can expect to see a drop in prices. For more analysis, go to www.jillonmoney.com. (01-11-2024)
Homeowners across the Bay Area have seen their power bills climbing, but the latest request for an increase will reach a historic milestone -- more than $300 for the average monthly PG&E bill.
Workers in some jobs, including many who are self-employed, enjoyed double-digit wage gains last year. Here's who got the biggest pay bumps.
It has been a blockbuster year for investors, with the Dow Jones Industrial Average, the S&P 500 and the Nasdaq Composite all up with double-digit gains. However, the Federal Reserve battled the worst inflation in decades with several rate hikes, and 2023 marked the worst banking crisis since 2008, with three major institutions collapsing. Astrid Martinez reports.
This year's robust stock market performance defied analysts' predictions as investors cheered prospects of lower interest rates and inflation.
Billions of dollars' worth of gift cards go unspent every year. Here's what to know about redeeming them — and avoiding scams.
U.S. consumer inflation moderated in November, illustrating a further cooling of most costs and bolstering the Federal Reserve's strategy of maintaining higher interest rates for now. Jill Schleshinger reports.
Many feel worse off than their parents' generation as income isn't keeping up.
After more than two years of price hikes, consumers are finally getting breaks on some items. That could help push inflation closer to 2%.
U.S. consumers spent enough to help drive the economy to a brisk 5.2% annual pace from July through September, the government reported.
The Bay Area is the best performing region within the U.S. for middle- and working-class families, according to a new analysis.
Despite falling inflation and near-record employment, polls and surveys show that most Americans hold a glum view of the economy.
President Joe Biden has made America's case to CEOs attending the Asia-Pacific summit in San Francisco that the United States is committed to high standards in trade that will benefit economies across the Pacific.
Oil prices rose 5% Friday amid the war between Israel and Hamas. J.D. Durkin, host of "The Street," joins CBS News to discuss what the spike means for U.S. investors.
Inflation in the United States edged up in July after 12 straight months of declines. But excluding volatile food and energy costs, so-called core inflation matched the smallest monthly rise in nearly two years, a sign that the Federal Reserve's interest rate hikes have continued to slow price increases. Interview with CBS News business analyst Jill Schlesinger.
Slower ticket sales to this year's Burning Man festival are having an impact on some businesses in San Francisco.
Investigators used DNA to track down and arrest a suspect this week in the 1973 sexual assault and killing of a woman in Marin County.
Stepping inside the new Spartan Village on the Paseo in San Jose, it's almost hard to remember the building used to be a hotel.
An unsealed federal indictment in the Matthew Perry ketamine overdose case has supporters of California's Prop 36 calling the case a cautionary tale.
2023 was the hottest year on record but scientists are expecting this year will surpass it given the blistering summer heat wave that had California and many Bay Area counties setting new records.
Slower ticket sales to this year's Burning Man festival are having an impact on some businesses in San Francisco.
Investigators used DNA to track down and arrest a suspect this week in the 1973 sexual assault and killing of a woman in Marin County.
Stepping inside the new Spartan Village on the Paseo in San Jose, it's almost hard to remember the building used to be a hotel.
An unsealed federal indictment in the Matthew Perry ketamine overdose case has supporters of California's Prop 36 calling the case a cautionary tale.
2023 was the hottest year on record but scientists are expecting this year will surpass it given the blistering summer heat wave that had California and many Bay Area counties setting new records.
Slower ticket sales to this year's Burning Man festival are having an impact on some businesses in San Francisco.
San Francisco business owners faced with repeated break-ins say "false alarm" fees being assessed by the city when their burglar alarms sound are adding insult to injury.
A woman died after being hit by a car Thursday afternoon in San Francisco's Glen Park neighborhood, police said.
The San Francisco City Attorney's office is suing companies that create "deepfake nudes," where artificial intelligence is used to turn photos of adults and children into pornography.
A parolee suspected in multiple violent assaults of people going about their day in and around Redwood City on Wednesday was arrested, authorities said.
Las Vegas Convention and Visitors Authority president and CEO Steve Hill says he is optimistic three key documents needed to begin construction on a new stadium for the Athletics would be approved Dec. 5.
While CHP officers have been deployed to Oakland as part of a crackdown on retail crime, some businesses in the Grand Lake area say more needs to be done.
Police in Brentwood on Thursday arrested a second suspect who was allegedly involved in a kidnapping that happened over the weekend, according to authorities.
The BART Board of Directors voted to approve two multi-million-dollar contracts Thursday -- one to build a new police headquarters in downtown Oakland and one to install new fare gates designed to keep people from hopping on trains without paying.
Pleasanton police said they seized $130,000 worth of illegal products from three smoke shops during a roundup last week.
Stepping inside the new Spartan Village on the Paseo in San Jose, it's almost hard to remember the building used to be a hotel.
Rock musician Greg Kihn, best known for his 1980s hits "Jeopardy" and "The Breakup Song (They Don't Write 'Em)" and his long-running radio show in the Bay Area, has died at the age of 75, according to his management.
Cisco Systems says it is planning to lay off 7% of its employees.
A San Jose police officer is on administrative leave and is facing felony domestic violence charges in connection with a series of incidents involving his now-pregnant girlfriend, prosecutors said.
Santa Clara County reported the first two cases of West Nile virus in 2024, including one patient who died at a hospital this month, health authorities said Wednesday.
Investigators used DNA to track down and arrest a suspect this week in the 1973 sexual assault and killing of a woman in Marin County.
A suspected gang-related shooting in Santa Rosa Tuesday night sent a 20-year-old man to the hospital earlier this week, police announced Thursday.
Fire retardant is an important tool in fighting wildfires, and at the Sonoma Air Attack Base, crews are ready to make more of it and deploy at a moment's notice.
A man on parole was arrested after allegedly attempting to stab his family members with a knife and barricading himself inside a residence in Tracy over the weekend, police said.
The Marin County Sheriff's Office said its deputies arrested a suspect in connection to the Queenstone Fire.
Las Vegas Convention and Visitors Authority president and CEO Steve Hill says he is optimistic three key documents needed to begin construction on a new stadium for the Athletics would be approved Dec. 5.
Logan Webb threw seven-plus shutout innings, Grant McCray had his first career hit and home run, and the San Francisco Giants beat the Atlanta Braves 6-0 on Thursday to avoid a sweep.
The Golden State Warriors released their NBA 2024-25 schedule, which will feature the return of Klay Thompson to the Bay Area and a Christmas Day matchup with the Los Angeles Lakers.
Powered by JJ Bleday's first career grand slam, the Oakland Athletics rallied to beat the New York Mets 7-6 in the longest nine-inning game in the pitch-clock era.
Team USA's Jordan Chiles took to Instagram to open up about the loss of her bronze medal.
Investigators used DNA to track down and arrest a suspect this week in the 1973 sexual assault and killing of a woman in Marin County.
San Francisco business owners faced with repeated break-ins say "false alarm" fees being assessed by the city when their burglar alarms sound are adding insult to injury.
While CHP officers have been deployed to Oakland as part of a crackdown on retail crime, some businesses in the Grand Lake area say more needs to be done.
Police in Brentwood on Thursday arrested a second suspect who was allegedly involved in a kidnapping that happened over the weekend, according to authorities.
The BART Board of Directors voted to approve two multi-million-dollar contracts Thursday -- one to build a new police headquarters in downtown Oakland and one to install new fare gates designed to keep people from hopping on trains without paying.
The San Francisco City Attorney's office is suing companies that create "deepfake nudes," where artificial intelligence is used to turn photos of adults and children into pornography.
Cisco Systems says it is planning to lay off 7% of its employees.
Staring at an iPad screen too much may keep little kids from learning to control their emotions, a new study finds.
Google on Tuesday unveiled its next generation of Pixel phones, providing the maker of Android software a head start on the next iPhone in the race to bring more artificial-intelligence services to devices.
Less than one week after expanding robotaxi service outside San Francisco, Waymo announced that its autonomous vehicles will begin using the city's freeways.
Florida cucumber grower used untreated canal water found to be tainted with the bacteria, laboratory tests found.
Trader Joe's reports 14 incidents of high flames, a handful resulting in minor burns and limited property damage.
Santa Clara County reported the first two cases of West Nile virus in 2024, including one patient who died at a hospital this month, health authorities said Wednesday.
Staring at an iPad screen too much may keep little kids from learning to control their emotions, a new study finds.
A viral TikTok recipe that includes melting Jolly Ranchers landed a 9-year-old in the hospital with severe burns.
An unsealed federal indictment in the Matthew Perry ketamine overdose case has supporters of California's Prop 36 calling the case a cautionary tale.
Las Vegas Convention and Visitors Authority president and CEO Steve Hill says he is optimistic three key documents needed to begin construction on a new stadium for the Athletics would be approved Dec. 5.
The BART Board of Directors voted to approve two multi-million-dollar contracts Thursday -- one to build a new police headquarters in downtown Oakland and one to install new fare gates designed to keep people from hopping on trains without paying.
Vice President Kamala Harris' stances on some issues have evolved in the past four years since her first run for the presidency.
Attorneys for former President Donald Trump asked the judge overseeing his criminal case in New York to delay his sentencing until after the presidential election in November.
As if it were just another day at work, San Francisco Fire Chief Jeanine Nicholson spoke to city leaders and colleagues who had gathered to celebrate her retirement at the city's fire department headquarters Wednesday.
In a tale of resilience and advocacy, Veronika Fimbres shares how her life changed dramatically when she moved from New York City to San Francisco over 25 years ago. Jose Martinez reports. Website: http://kpix.com/ YouTube: http://www.youtube.com/CBSSanFrancisco Facebook: https://www.facebook.com/CBSSanFrancisco Instagram: https://www.instagram.com/kpixtv/ Twitter: https://twitter.com/KPIXtv
San Francisco company the Parallel Opera is producing a special show entitled "Expansive" which celebrates the talents of gender nonconforming opera artists.
State lawmakers voted to make California the first state to officially observe Transgender History Month last year, partly thanks to the efforts of a Bay Area activist who lobbied for the move.
A popular gay bar in San Francisco is celebrating a major milestone.
A biopic about late Oakland Raiders coaching great John Madden -- who went on to even greater fame as a broadcaster and NFL icon -- will feature Oscar-winning actor Nicolas Cage in the title role, according to reports.
Rock musician Greg Kihn, best known for his 1980s hits "Jeopardy" and "The Breakup Song (They Don't Write 'Em)" and his long-running radio show in the Bay Area, has died at the age of 75, according to his management.
Gena Rowlands, hailed as one of the greatest actors to ever practice the craft, died at 94 on Wednesday, her representatives confirmed.
Reunited '90s riot grrl band Bikini Kill returns to the Bay Area for only the second time since they originally split up over two decades ago, headlining the Warfield for two nights starting Sunday.
CBS SF recently spoke to Talking Heads member Jerry Harrison about two upcoming Bay Area shows with his Remain in Light ensemble featuring guitar great Adrian Belew (Frank Zappa, David Bowie, King Crimson) in Santa Cruz and San Francisco.
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.
Slower ticket sales to this year's Burning Man festival is having an impact on some businesses in San Francisco. Andrea Nakano reports (8-15-24) Website: http://kpix.com YouTube: http://www.youtube.com/CBSSanFrancisco Facebook: http://www.facebook.com/CBSSanFrancisco Instagram: http://www.instagram.com/KPIXtv Twitter: http://twitter.com/KPIXtv
Rock musician Greg Kihn, known for 1980s hits "Jeopardy" and "The Breakup Song" and his long-running radio show in the Bay Area, has died at the age of 75. (8-15-24)
Digging into a photo that appears to name a San Joaquin County pharmacy within pages of federal documents in Matthew Perry's death investigation.
CBS News Bay Area evening edition headlines for Thursday Aug. 15, 2024. Watch full newscasts streamed at the CBS SF website or on the app. Website: http://kpix.com
Dog days of summer got you down? Thanks to climate change, you're likely to see worse in the months and years ahead. Molly McCrea and Anne Makovec report (8-15-24) Website: http://kpix.com YouTube: http://www.youtube.com/CBSSanFrancisco Facebook: http://www.facebook.com/CBSSanFrancisco Instagram: http://www.instagram.com/KPIXtv Twitter: http://twitter.com/KPIXtv
Swimming lessons are not simply a summer activity but a weekly highlight for differently-abled children in a popular aquatic program that has lasted for more than three decades.
A Marin County couple is kicking off their 20th year making sure senior citizens don't go hungry, and they have no plans to retire even though they're older than some of the people they serve.
A San Mateo man who serves formerly unhoused military veterans is expanding his mission to reach more of the county's 24,000 veterans.
A Palo Alto woman who opened the first inclusive playground in the Bay Area for people of all abilities is spreading her magic throughout the region and beyond.
A Marin County woman who provides four-legged emotional support for first responders has expanded her nonprofit across the country.
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.
A onetime pupil has now become a student advisor, giving back after years of mentorship led him to success.
Police departments all over the country are having a hard time finding new officers, but one Bay Area student is criss-crossing the world while preparing for a career in law enforcement here at home.