Dow soars 1,500 points after Trump win, as investors bank on profits
Donald Trump's victory in the U.S. presidential election could boost economic growth and herald market-friendly policies, according to Wall Street.
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Donald Trump's victory in the U.S. presidential election could boost economic growth and herald market-friendly policies, according to Wall Street.
California-based electric car company Tesla on Monday announced that it bought $1.5 billion in bitcoin.
Kais Mohammad, 36, who was also known as "Superman 29," agreed to plead guilty to one count each of operating an unlicensed money transmitting business, money laundering and failing to maintain an effective anti-money laundering program.
A bakery break-in and the guy went straight for the dough. But it wasn't the kind of cash machine most are used to. This one is for bitcoin.
The victim is told the money must be received within nine days and the scammer even includes a "how-to" guide on paying with bitcoin.
A man and a woman dubbed the "Discount Bitcoin Bandits" have been charged with stealing thousands of dollars from people trying to buy bitcoin, in some instances outright robbing prospective buyers, prosecutors said.
A popular middle school program has turned to a blockchain-fundraising platform to raise money.
The Securities and Exchange Commission this week sent a letter to investment trade groups containing more than 30 questions that must be answered before a digital currency fund gets approval.
The price of the volatile digital currency dropped nearly 30 percent this week.
In a quiet suburb near Los Angeles, wild partying gave way to a multi-million dollar, illicit empire operating in the secret corners of the Web.
The plunge comes after its price soared by more than 1,000 percent since the start of the year.
An Inglewood man says he lost his life savings after investing all his money in the digital currency.
The hackers locked the school's file, email and messaging systems and threatened to delete them.
LinkedIn says a 2012 breach resulted in more than 100 million of its users' passwords being compromised — vastly more than previously thought.
The man Newsweek claimed is the creator of bitcoin has hired a lawyer in an attempt to clear his name, repeating a denial he made to The Associated Press more than a week ago that he has never had anything to do with the digital currency.
Two Los Angeles County Sheriff's deputies described in Newsweek's story about "the face behind Bitcoin" say the quotes attributed to Dorian Nakamoto and a deputy in the story are accurate.
KCAL9's Dave Bryan spoke with Satoshi Nakamoto outside of his home in Temple City, where media from around the world were camped out Thursday.
Shaedon Sharpe had 25 points to lead the Portland Trail Blazers to a 132-116 victory over the Los Angeles Lakers, who were playing without top scorer Luka Doncic.
Mikael Granlund scored at 4:02 of overtime, and the Anaheim Ducks beat the Los Angeles Kings 2-1 to sweep a two-game weekend set in the Freeway Faceoff rivalry.
Dramatic video shows the motorcyclist on the hood of a nearby car after he was ejected from the bike in Long Beach last weekend. The married couple remains hospitalized a week after their fiery crash.
Nearly 25 years after a 32-year-old woman's car was found abandoned and she was found dead in Hesperia, authorities have made an arrest for her murder.
Los Angeles County District Attorney Nathan Hochman says that federal agents wrongfully detained a member of his office on Friday.
Los Angeles County District Attorney Nathan Hochman says that federal agents wrongfully detained a member of his office on Friday.
Dramatic video shows the motorcyclist on the hood of a nearby car after he was ejected from the bike in Long Beach last weekend. The married couple remains hospitalized a week after their fiery crash.
SoCal Edison filed a lawsuit against Los Angeles County and other agencies over the Eaton Fire on Friday.
Police have arrested a third person in connection with the murder of a Tennessee man who was affiliated with the Inland Empire religious group "His Way Spirit Led Assemblies."
Nearly 25 years after a 32-year-old woman's car was found abandoned and she was found dead in Hesperia, authorities have made an arrest for her murder.
Dramatic video shows the motorcyclist on the hood of a nearby car after he was ejected from the bike in Long Beach last weekend. The married couple remains hospitalized a week after their fiery crash.
Los Angeles County District Attorney Nathan Hochman says that federal agents wrongfully detained a member of his office on Friday.
SoCal Edison filed a lawsuit against Los Angeles County and other agencies over the Eaton Fire on Friday.
Rick Caruso, the runner-up in the Los Angeles Mayoral race four years ago, announced he will not pursue elected office at this time.
Beverly Hills police said the suspect beat the man with a metal object before running him over with his vehicle.
Federal prosecutors charged a man who allegedly threatened to kill Vice President JD Vance during his Disneyland trip last year.
An Orange County man has been posting social media videos of car crashes in front of his house to hopefully spur safety changes at his Huntington Beach intersection.
After his son died while hiking Mount Baldy, Kenneth Muensch Casanova called on Angeles National Forest officials to require permits on the dangerous mountain.
A Santa Ana community scrambled to ensure their 101-year-old neighbor wasn't left behind when a fire broke out in her condo.
Orange County prosecutors said the suspect was allegedly sex trafficking a 17-year-old girl in Anaheim.
Nearly 25 years after a 32-year-old woman's car was found abandoned and she was found dead in Hesperia, authorities have made an arrest for her murder.
Police have arrested a third person in connection with the murder of a Tennessee man who was affiliated with the Inland Empire religious group "His Way Spirit Led Assemblies."
A man was arrested after he allegedly broke into a Redlands home on Thursday night, but only after he was confronted by the homeowner, who shot him, police said.
Deputies said that the driver lost control of their vehicle and slammed into the building at around 8:30 p.m. on Thursday.
After his son died while hiking Mount Baldy, Kenneth Muensch Casanova called on Angeles National Forest officials to require permits on the dangerous mountain.
The FBI plans to extradite Alejandro Rosales Castillo, 27, who was wanted for the killing of a co-worker in 2016.
"It's as definitive as we're going to get," CBS News medical contributor Dr. Céline Gounder said of the new research, which found no connection between Tylenol and autism or ADHD.
Mexican president Claudia Sheinbaum has sought to placate President Trump and build a strong relationship between the U.S. and Mexico.
A 21-year-old who demonstrated in Santa Ana, California, against the shooting death of Renee Good says exercising his right to free speech nearly cost him his life.
Kyle Tucker has agreed to a $240 million, four-year contract with the Los Angeles Dodgers, bolstering the franchise's chance for a third consecutive World Series championship.
Los Angeles County District Attorney Nathan Hochman says that federal agents wrongfully detained a member of his office on Friday.
Mr. Trump previously threatened to impose tariffs against countries that do not support his plans to acquire the territory.
The country's leader criticized President Trump on Saturday, blaming him for "casualties, damages and accusations" against Iran.
A Minnesota judge put limits Friday on the tactics that federal law enforcement are permitted to use in their handling of protests over the Trump administration's surge of immigration resources to Minneapolis.
Mexican president Claudia Sheinbaum has sought to placate President Trump and build a strong relationship between the U.S. and Mexico.
San Francisco officials said Tuesday that the city has filed a lawsuit against leading manufacturers of ultra-processed foods, accusing them of producing products linked to serious health issues and alleging that the companies knowingly made the foods addictive.
A bill that would reverse a 25% tax increase on California's legal cannabis industry is heading to Gov. Gavin Newsom's desk, after being approved by the legislature.
Meal kit delivery firm HelloFresh will pay $7.5 million to settle a lawsuit accusing it of misleading customers and making it difficult for them to cancel their subscriptions.
With the help of her daughter and her 5th-grade class, CBS News California (KCAL) Investigative reporter Julie Watts investigates "Sephora Kids" concerns.
A Southern California man has pleaded guilty for his role in a scheme that stole more than $2 million from San Francisco-based food delivery company DoorDash, federal prosecutors said.
Millions of people with an Affordable Care Act health plan face a massive jump in premiums next year — this chart shows just how much.
"I don't know how I'm going to pay for this," said one person with an Affordable Care Act plan that will cost her $1,100 a month starting in January.
San Francisco officials said Tuesday that the city has filed a lawsuit against leading manufacturers of ultra-processed foods, accusing them of producing products linked to serious health issues and alleging that the companies knowingly made the foods addictive.
In an interview with CBS News, FDA Commissioner Dr. Marty Makary explains what went into the decision to drop the most serious warnings on hormone therapy for menopause.
At least 11 people have contracted Salmonella linked to powder supplements sold at Sam's Club stores nationwide, health authorities said.
About 30% of San Francisco was without power at the height of the outage, according to utility provider PG&E.
The DMV said it is giving Tesla Motors 60 days to address its misleading use of "autopilot," or it could have its dealer license temporarily suspended.
California is set to join a growing list of states banning the practice of cat declawing, under a new law taking effect in January.
San Francisco officials said Tuesday that the city has filed a lawsuit against leading manufacturers of ultra-processed foods, accusing them of producing products linked to serious health issues and alleging that the companies knowingly made the foods addictive.
Waymo has begun offering autonomous robotaxi service using freeways for the first time in select cities in California and Arizona, the company announced.
Shaedon Sharpe had 25 points to lead the Portland Trail Blazers to a 132-116 victory over the Los Angeles Lakers, who were playing without top scorer Luka Doncic.
Mikael Granlund scored at 4:02 of overtime, and the Anaheim Ducks beat the Los Angeles Kings 2-1 to sweep a two-game weekend set in the Freeway Faceoff rivalry.
Braden Smith stole the ball and scored a layup with 23 seconds left, helping No. 5 Purdue edge Southern California 69-64.
John Mobley Jr. scored 28 points and knocked down a career-high six 3-pointers as Ohio State pulled away in the second half for an 86-74 win over UCLA on Saturday.
Anaheim Ducks center Leo Carlsson will be sidelined for three to five weeks after undergoing a procedure to treat a left thigh injury.
Kianna Underwood, a former Nickelodeon child actress, was identified as the woman killed in a hit-and-run in Brooklyn.
Another allegation against Busfield was reported to law enforcement the same day he turned himself in, according to a court filing.
In a video provided to TMZ on Tuesday, Timothy Busfield said the allegations "are all lies."
Scott Adams, the cartoonist who created the "Dilbert" comic strip, has died at the age of 68, his first ex-wife revealed on Tuesday.
From historic wins to powerful speeches, here are the highlights and most memorable moments from the 2026 Golden Globes.
Dramatic video shows the moments a motorcycle was engulfed in flame and a motorcyclist on the hood of a nearby car after they were ejected in a grisly crash in Long Beach last weekend. The married couple remains hospitalized a week after their fiery crash, where Zach Boetto speaks with their family.
The Monterey Park community gathered on Saturday for a day of resilience in remembrance of the 2023 mass shooting that left 11 people dead.
Family members of local artist Harry Blitzstein hosted an event at his Boyle Heights gallery on Saturday after he died at 87 last week.
Authorities are investigating after a man was found shot dead in East Los Angeles on Saturday morning.
Los Angeles County District Attorney Nathan Hochman says that federal agents wrongfully detained a member of his office on Friday. Lauren Pozen reports.
Widely considered the greatest architect of his time, Frank Gehry helped shape Los Angeles' skyline.
A suspect was taken into custody after an attack on Pearl Street Mall in Boulder on June 1 in which there were 15 people and a dog who were victims. The suspect threw Molotov cocktails that burned some of the victims, who were part of a march for Israeli hostages.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
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.
