Dow closes down more than 800 points as AI and tariff risks rattle investors
Stocks slumped amid investor fear of AI disruption and uncertainty surrounding President Trump's new tariffs.
Watch CBS News
Stocks slumped amid investor fear of AI disruption and uncertainty surrounding President Trump's new tariffs.
Most retail and food establishments will remain open, but services like mail delivery will be suspended for the federal holiday.
U.S. stocks sank on Tuesday following President Trump's weekend threats to impose tariffs on some NATO trading partners.
Banks, post offices and major stock exchanges will be closed in observance of the federal holiday, but some stores are open.
Most major retailers and grocery stores will be open on New Year's Eve, although some will have reduced hours.
Many businesses adjust their hours on Christmas Eve, so it's best to plan ahead if you need to do any last-minute shopping.
Most stores will remain open on Veterans Day, but services like the USPS and many banks will close.
Wall Street was buoyed by investor optimism that the longest federal government shutdown in U.S. history could be nearing an end.
DealBook founder and Squawk Box co-host Andrew Ross Sorkin takes a look at the crash of 1929 in his new book. He tells 60 Minutes what may it may indicate about today's stock market.
Republican Sen. Josh Hawley voted with Democrats to advance legislation to ban members of Congress from owning individual stocks.
The Dow dropped more than 750 points Friday as investors fret over the risk of a widening war in the Middle East.
Stock futures in the U.S. dropped and global oil prices jumped following an Israeli strike targeting Iran's nuclear facilities.
Stock market futures in the U.S. surged on Monday as the U.S. and China agreed to temporarily de-escalate their trade war.
The price of gold continues hover in record high territory, as investors look to the precious metal with the growing uncertainty in the stock market.
Stocks made early gains on Wednesday amid news of a possible trade deal with China, later losing steam.
The stock market tumbled Monday as Wall Street grapples with ongoing tariff uncertainty and President Trump's attacks on Jerome Powell.
The stock and bond markets are closed for Good Friday, but will reopen on Monday, following the Easter holiday.
Shares rallied for a second consecutive trading day after some electronics received a reprieve in the growing trade war.
Jared Hill reports on futures showing U.S. stocks would be down a day after the pause of the Trump tariffs led to a market rebound.
The S&P 500, Dow and Nasdaq surged after President Trump said he was freezing his "reciprocal tariffs" for 90 days.
The stock market shed gains after the Trump administration announced it was moving forward with stiff tariffs on Chinese imports.
President Trump said he will slap more tariffs on imports from China if it doesn't withdraw a retaliatory tariff on U.S. products. Beijing bristled at his latest threat.
It was a roller-coaster day in stocks as panic selling subsided, while President Trump threatened to hit China with a 50% tariff.
Stocks in the U.S. look set for another for another rough outing Monday as the Trump tariff fallout continues to roil global markets.
Stocks continued to tumble in the U.S. Friday as financial markets suffered their biggest two-day drop since 2020.
One Oakland Unified parent said the board should have made a plan to balance the budget months ago instead of waiting until the last minute.
Back in September, the Trump administration released an audit that questioned the legitimacy of about 20,000 California commercial driver's licenses held by immigrants. It found the licenses had expiration dates that exceeded the drivers' authorization to live and work in the US.
Two years ago, VTA invoked eminent domain to move a San Jose business out to make way for the upcoming Little Portugal BART station. Now, the owner is suing the VTA for the business losses she says she is experiencing.
Two women have been working to build a life-changing community of support in two Concord parks for some 2,000 unhoused people in Contra Costa County.
There's a push at the California State Capitol to allow community colleges to offer bachelor's degree programs.
One Oakland Unified parent said the board should have made a plan to balance the budget months ago instead of waiting until the last minute.
Back in September, the Trump administration released an audit that questioned the legitimacy of about 20,000 California commercial driver's licenses held by immigrants. It found the licenses had expiration dates that exceeded the drivers' authorization to live and work in the US.
Two years ago, VTA invoked eminent domain to move a San Jose business out to make way for the upcoming Little Portugal BART station. Now, the owner is suing the VTA for the business losses she says she is experiencing.
Two women have been working to build a life-changing community of support in two Concord parks for some 2,000 unhoused people in Contra Costa County.
There's a push at the California State Capitol to allow community colleges to offer bachelor's degree programs.
Multiple elephant seal pups along the Northern California coast have tested positive for the deadly avian influenza, or bird flu, according to new research from the University of California.
The San Francisco Board of Supervisors on Tuesday unanimously approved an ordinance prohibiting federal immigration operations on city property.
A person fell from a cliff along the Devil's Slide area of the San Mateo County coast and died on Tuesday, authorities said.
The next Fix-It Clinic in the area is scheduled for Feb. 25 from 5:30 to 7:30 p.m. at the John Daly Library in Daly City, where residents can bring broken household items and bicycles for free repair assistance.
A San Francisco woman was arrested after allegedly shoplifting more than $1,500 in merchandise from a San Mateo Lululemon store, police said.
One Oakland Unified parent said the board should have made a plan to balance the budget months ago instead of waiting until the last minute.
Back in September, the Trump administration released an audit that questioned the legitimacy of about 20,000 California commercial driver's licenses held by immigrants. It found the licenses had expiration dates that exceeded the drivers' authorization to live and work in the US.
Two women have been working to build a life-changing community of support in two Concord parks for some 2,000 unhoused people in Contra Costa County.
The city of Oakland announced that a community-wide celebration is being planned for two-time Olympic gold medalist Alysa Liu. A date has not yet been set, with the city saying they are still working with Liu's team.
Authorities in Contra Costa County have launched a homicide investigation following a fatal shooting near Bethel Island on Monday night.
Two years ago, VTA invoked eminent domain to move a San Jose business out to make way for the upcoming Little Portugal BART station. Now, the owner is suing the VTA for the business losses she says she is experiencing.
Officials in San Jose began notifying residents of a large homeless encampment in the city about plans to clear out the area in April.
Police in San Jose released additional details about a deadly shooting Tuesday morning, saying a man killed his former girlfriend before turning the gun on himself.
A San Francisco Bay Area animal shelter said it has been flooded with phone calls after a fake AI-generated post claiming one of its dogs would be euthanized went viral.
The entire project cost the district about $13.33 million. District leaders said they're also receiving a $3.75 million reimbursement from the Investment Tax Credit allocated for the project. They expect to save more than $30 million total over the next 25 years.
Authorities in the San Francisco Bay Area have arrested three people from the East Coast on suspicion of identity theft in an alleged bank fraud case, including a woman who was reported missing several months ago.
Police in Vallejo said they arrested a driver on multiple felony charges following a pursuit over the weekend that covered nearly 16 miles.
The warning was in effect for Neeley Road and Orchard Avenue, between River Lane and Montesano Avenue, due to landslide and tree fall risk.
It would have been the festival's third year and was planned for May 30 and 31 at Napa Valley Expo.
Authorities in Marin County are investigating after a man was found shot along Highway 37 in Novato over the weekend.
The city of Oakland announced that a community-wide celebration is being planned for two-time Olympic gold medalist Alysa Liu. A date has not yet been set, with the city saying they are still working with Liu's team.
Bo Davidson has torn through the minors in his first two full seasons in the Giants system.
Early on at spring training, Giants veterans Willy Adames and Matt Chapman pulled some of the young position players in camp aside with a simple message: just be yourself.
American skier Lindsey Vonn, who crashed seconds into her downhill race at the 2026 Winter Olympics, said she is finally out of the hospital as she recovers.
Brandin Podziemski scored 12 of his 18 points in the final five minutes of the fourth quarter and the Golden State Warriors beat the Denver Nuggets 128-117 on Sunday.
The San Francisco Board of Supervisors on Tuesday unanimously approved an ordinance prohibiting federal immigration operations on city property.
Police in San Jose released additional details about a deadly shooting Tuesday morning, saying a man killed his former girlfriend before turning the gun on himself.
Officers arrested the 25-year-old man after he posted a video of himself pouring a BuzzBall into a bird's mouth.
Police in San Jose have launched a homicide investigation after two people were found fatally shot in a parking lot Tuesday morning.
Authorities in the San Francisco Bay Area have arrested three people from the East Coast on suspicion of identity theft in an alleged bank fraud case, including a woman who was reported missing several months ago.
A San Francisco Bay Area animal shelter said it has been flooded with phone calls after a fake AI-generated post claiming one of its dogs would be euthanized went viral.
Consumers today can easily spend more than $1,000 a year for streaming TV, music and other widely used apps, new analysis finds.
The entire project cost the district about $13.33 million. District leaders said they're also receiving a $3.75 million reimbursement from the Investment Tax Credit allocated for the project. They expect to save more than $30 million total over the next 25 years.
The city of Mountain View turned off its Flock cameras after the police chief said out-of-state agencies were accessing data collected in the city. During the city council meeting Tuesday night, council members voted to terminate the contract with Flock Safety
The Pentagon may decide to officially designate Anthropic as a "supply chain risk" to push them out of government, sources say.
Multiple elephant seal pups along the Northern California coast have tested positive for the deadly avian influenza, or bird flu, according to new research from the University of California.
About 1,300 nurses and support staff at MarinHealth Medical Center plan to stage a one-day strike on Wednesday, citing stalled contract negotiations over wages and healthcare benefits.
Health officials in the East Bay said a man has died from consuming toxic wild mushrooms, amid an ongoing spike in mushroom-related poisonings throughout California.
Health officials in Napa County confirmed Wednesday that a child has been diagnosed with measles in the county's first case in nearly 15 years.
Over the years, Dr. Rachel Forer has found plenty of ways to take the sting out of going to the dentist. But no matter how hard she tried, fear had a way of creeping in.
One Oakland Unified parent said the board should have made a plan to balance the budget months ago instead of waiting until the last minute.
U.S. District Judge Brian Murphy ruled that the Trump administration's policy for swiftly deporting migrants to third countries violates federal immigration law and the Constitution.
Former Treasury Secretary Larry Summers will resign from his remaining roles at Harvard over his ties to Jeffrey Epstein, the university confirmed to CBS News.
CBS News fact checked President Trump's 2026 State of the Union address, and Virginia Gov. Abigail Spanberger's Democratic response.
The city of Mountain View turned off its Flock cameras after the police chief said out-of-state agencies were accessing data collected in the city. During the city council meeting Tuesday night, council members voted to terminate the contract with Flock Safety
A Yosemite park ranger was fired last year after helping to display a transgender pride flag from El Capitan.
After more than two years of renovations, the historic Castro Theatre is back open for business.
A large Pride flag has been removed from the Stonewall National Monument in Greenwich Village. The National Park Service said it did so under guidance from the federal government.
The billionaire and philanthropist MacKenzie Scott donated $45 million to The Trevor Project, a nonprofit focused on suicide prevention and advocacy for LGBTQ young people.
Oasis nightclub announced plans to close six months ago. New Year's Eve was slated for the final performance. A last-minute, multi-million dollar donation turned the final curtain call into an encore performance.
The Rock & Roll Hall of Fame has announced its 2026 list of nominees, including Phil Collins, Mariah Carey, Wu-Tang Clan and more.
The city of Oakland announced that a community-wide celebration is being planned for two-time Olympic gold medalist Alysa Liu. A date has not yet been set, with the city saying they are still working with Liu's team.
It would have been the festival's third year and was planned for May 30 and 31 at Napa Valley Expo.
Nick Reiner, 32, was charged with two counts of murder in the killing of his parents, Rob Reiner and Michele Singer Reiner.
In April 2025, Eric Dane announced he had been diagnosed with amyotrophic lateral sclerosis, or ALS.
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.
Andrea Nakano reports on possible cuts in the West Contra Costa Unified School District. 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
Amanda Hari reports on concerns immigrant truck drivers have about losing their licenses. 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
Brian Hackney reports on elephant seals contracting a deadly strain of the avian flu. 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
One of the founders of the Monterey Bay Aquarium is retiring as executive director after 41 years. Scott Rates spoke with Julie Packard about what she is most proud of, and what's next.
John Ramos reports on a San Jose business suing the VTA, citing loss of revenue. 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
In 2025, KPIX is moving to a new community service award: the CBS News Bay Area Icon Award. Submit nominations for an outstanding community hero at kpix.com/icon.
It's the most wonderful time of the year for a South Bay woman who has played Mrs. Claus for more than 40 years for the children of North San Jose's Alviso District.
For residents of the Oakland Hills, the prospect of another wildfire always remains a concern. This week's Jefferson Awards winner has made it his mission to make the hills and other high-risk areas safer.
In East Palo Alto -- where state education numbers show more than nine in ten public school students are low income and more than half are English learners -- many are finding hope and connection at the Boys & Girls Clubs of the Peninsula.
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.
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.