Federal Reserve Freezes Wells Fargo Growth After Fake Account Scandal
The Fed said it is restricting the bank's assets to the level where they stood at the end of last year until it can demonstrate that it has improved its internal controls.
Watch CBS News
The Fed said it is restricting the bank's assets to the level where they stood at the end of last year until it can demonstrate that it has improved its internal controls.
A proposed initiative would repeal a state law that currently puts strict limits on the type of rent control that's allowed.
Many Toys R Us and Babies R Us stores around the country will be closing forever. The decision was announced Wednesday as the trouble retailer works to be a more viable and competitive company.
The suit challenges the federal Bureau of Land Management's move against the rule that requires drilling companies to disclose what chemicals they've used for fracking.
The company that once dominated toy sales in the U.S. has been operating under bankruptcy protection since last fall.
Plans for a $500 million casino in Elk Grove can move forward after the federal government gave its stamp of approval.
Most imported solar modules will face an immediate tariff of 30 percent. For large residential washing machines, tariffs will start at up to 50 percent.
The race is on: Amazon has announced its list of 20 cities that are finalists to host its second headquarters. But who will -- and who should -- win? CNN Opinion teamed up with CNNMoney to ask experts and thinkers for their views.
It is supposed to keep food from splattering all over a microwave, but something different happened when Barbara Young used the Hover Cover she found on Groupon.
A multi-million dollar effort to attract more tourism has been so successful, that hotels are running out of rooms.
The sensors read a customer's unique foot compressions to track that person's path to a digital display and how long the person stand in front of it before walking away.
Dunkin' without the Donuts? A new Dunkin' Donuts store opening in the Boston suburb of Quincy is giving the idea a try, at least in name.
A representative from Walmart says the goal is to transfer employees from both stores. Sam's Club will shut down on Jan. 26, but there's no word on when the Walmart will close.
The investigation began in 2012 with a former employee's complaint that revealed the overcharges, and that whistleblower will get a share of the settlement.
Local pot shops are preparing for a crackdown on federal drug agents despite the legalization of recreational marijuana.
A woman killed in a shooting outside an Arden-area trampoline park was trying to leave what her father described as an abusive marriage with the man now accused of killing her.
California utility workers will have new legal protections after Gov. Gavin Newsom signed a bill increasing penalties for assault and battery against workers while they are performing their jobs.
California is toughening its DUI laws after Gov. Gavin Newsom signed four bills aimed at increasing penalties for impaired drivers and repeat offenders.
Drones are becoming an increasingly common tool for first responders, giving firefighters and law enforcement an aerial view that can provide critical information during emergencies.
Leaky roofs, inefficient heating and deteriorating buildings — those are just a few of the improvements that need to be made within Lodi schools.
Starbucks announced that its 1901 J Street location is among at least six stores in the Sacramento region that are closing in a sweep of nationwide store closures. Small business owners in midtown say they understand why.
A woman killed in a shooting outside an Arden-area trampoline park was trying to leave what her father described as an abusive marriage with the man now accused of killing her.
Hours spent practicing together on the green can boost social skills and teen connection, but the expense can be an issue preventing more from playing.
Rivercities Baseball Initiative teamed up with local leaders and fans to show their support for this movement.
Two years after the death of their son Colby Tevis from Sacramento to a random act of gun violence, the grief is just as raw. His Mom asks people to light a virtual candle online in memory of her son.
One of the best ways to try to figure out what's going to happen this winter is to look back at previous winters that had similar setups going into the season.
The day has been recognized by California since 1998, but it has not been a regular paid holiday for most state workers.
The couple says their French bulldog, Cassie, was fatally injured after getting between one of them and the bear.
A California bill that would expand organized sports programs in state prisons is now on Gov. Gavin Newsom's desk after receiving unanimous support from lawmakers.
A California Assembly bill that compels homeowners associations to set aside more money for future repairs could also sharply increase monthly HOA fees.
Hours spent practicing together on the green can boost social skills and teen connection, but the expense can be an issue preventing more from playing.
Benjamin Satterley, an English-born wrestler known for high-flying moves that delighted fans worldwide, was known as "Pac."
Rivercities Baseball Initiative teamed up with local leaders and fans to show their support for this movement.
The NFL fined San Francisco 49ers All-Pro fullback Kyle Juszczyk for what it deemed an "offensive" celebration similar to one he had been doing for several years with no issues.
Bob Pettit was an All-American at LSU before going on to the NBA, where he was an All-Star for each of his 11 seasons, all with the Hawks. He led them to the 1958 championship over the mighty Boston Celtics, the Hawks' lone title.
California is toughening its DUI laws after Gov. Gavin Newsom signed four bills aimed at increasing penalties for impaired drivers and repeat offenders.
The Senate on Thursday approved a sweeping college sports bill to establish a federal framework for college athletics aimed at protecting student athletes — despite some pushback from some Democrats who argue that it could do the opposite.
California utility workers will have new legal protections after Gov. Gavin Newsom signed a bill increasing penalties for assault and battery against workers while they are performing their jobs.
The meeting comes as some industry leaders warn about the risks of rapid AI advancements.
President Trump moved to cancel almost $1 billion in spending that was approved by Congress, marking the second time his administration has employed a rarely used tactic that some lawmakers in both parties have called illegal.
Placer County has reported its first human case of West Nile virus this season as mosquito activity continues across the region and cases statewide have climbed to more than three times the number reported at this point last year.
The CDPH said an unvaccinated passenger who later was hospitalized with measles traveled around the country by train and bus, eventually moving through at least six California counties before heading to Denver, Colorado.
Planned Parenthood Mar Monte, the largest affiliate in the country, launched a new lineup of services more than six months ago in Sacramento that they say is helping fill a critical funding gap: aesthetics.
Nearly half of Americans with medical debt owe at least $2,000, forcing them to make tough choices, new research shows.
For children facing cancer and other serious medical conditions, a hospital stay can be especially difficult. But at hospitals across Northern California, one familiar superhero is helping bring some joy to kids who need it most.
During the program's first year, it will be offered at about 65 to 75 hospitals that handle about a quarter of births in the state and largely serve low-income patients, Newsom's office said.
Fresh off their undefeated season and conference championship win, the women on the team are speaking out for the first time.
Finding the perfect dress isn't easy, but now, selling them could become a lot more challenging.
This weekend, Placer County is hosting its annual Sip Into Spring event, offering free or discounted tastings at more than 20 wineries along what's known as the Placer Wine Trail.
From fruits and veggies to car parts, economists project that businesses will pass along the cost of the tariffs to customers.
President Trump and Gov. Gavin Newsom have made several different claims about California gas prices. Here's what we found.
This year-long investigation provides an unprecedented look at California's one-party supermajority legislature through the eyes of grieving parents who discover how California lawmakers kill popular bills by not voting.
This year-long investigation by CBS News California investigative correspondent Julie Watts examines the many components of California's new tougher-on-crime law.
A Natomas mother demanded that her daughter be exhumed and cremated after a Sacramento cemetery moved her grave without telling the family.
The California Highway Patrol captain accused of workers' compensation fraud was the commander in charge of the fatal Mahaney Park shootout in Roseville, three officers who worked under him at the time of the shootout said.
CBS13 and the Call Kurtis consumer investigative team devised an idea on how to lower what consumers owe on their credit cards -- and it begins with a simple phone call.
No one wants to think about death. However, it's important to plan on what happens to your digital assets after you die.
After spending $18,000 on waterproof laminate floors, a Natomas couple spotted damage after the first cleaning.
More than a year after Hai Pham canceled the trial membership, he kept getting charged every month for it.
A Natomas mother demanded that her daughter be exhumed and cremated after a Sacramento cemetery moved her grave without telling the family.
The Dome Fire in California's Yosemite National Park has rapidly grown as firefighters work to slow the flames burning in steep terrain in Mariposa County.
The Lucas Fire burning in the Potter Valley area of Mendocino County, right at the Lake County border, has prompted an evacuation order.
Two firefighters were injured while battling a wildfire in California's Mariposa County that prompted evacuation orders and road closures.
An evacuation order for the Ross Fire in Calaveras County was downgraded as crews stopped the forward progress.
The evacuation order and warning were lifted for the Clover Fire in the Alta Sierra area in Nevada County on Friday afternoon.
Their message is simple: keep showing up, keep moving and keep your heart open, because sometimes, the person who changes your life is living right across the street.
A Sacramento County dog picked up thousands of miles from home after he went missing five years ago was reunited with his family on Wednesday.
What started as a suspicious circumstances call for Rancho Cordova police ended with a newborn surprise.
A once-empty lot behind Church of the Cross in north Modesto now hosts a thriving community garden with more than 140 plots and growers from across the globe.
A Sacramento-area middle school history and English teacher is in the running to win big as America's Favorite Teacher, a title her students think she is more than worthy of being awarded.
California is toughening its DUI laws after Gov. Gavin Newsom signed four bills aimed at increasing penalties for impaired drivers and repeat offenders.
Carmela Karcher reports.
Ashley Sharp reports.
Brady Halbleib reports.
Darrielle Fair reports.