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.
No suspect information was immediately made available.
Another person was transported to a local hospital for unknown injuries after officers used less-than-lethal force to control a crowd.
The two-decade investigation began on March 21, 2004, when 18-year-old Hemet man Reynaldo Burts was found dead in the hills near Idyllwild.
Two Highland residents were arrested in connection with a homicide in Moreno Valley in early November, according to Riverside County deputies.
Los Angeles Clippers star James Harden moved into 10th place on the NBA's career scoring list Saturday, passing Carmelo Anthony in a game against Minnesota.
No suspect information was immediately made available.
Another person was transported to a local hospital for unknown injuries after officers used less-than-lethal force to control a crowd.
The two-decade investigation began on March 21, 2004, when 18-year-old Hemet man Reynaldo Burts was found dead in the hills near Idyllwild.
Two Highland residents were arrested in connection with a homicide in Moreno Valley in early November, according to Riverside County deputies.
The crash happened at around 5:20 p.m. on Friday near Magnolia Avenue and Polk Street, according to a news release from the Riverside Police Department.
A trading card shop in Burbank reports that it was hit for more than $100,000 in stolen Pokémon and sports cards during an overnight burglary earlier this week.
A group of 14 women, some of whom were inmates or former foster kids, became the first all-female class to graduate from an LA County firefighter training program.
Widely considered the greatest architect of his time, Frank Gehry helped shape Los Angeles' skyline.
A Riverside County man was sentenced to 15 years to life in prison for selling a lethal dose of fentanyl.
Private First-Class Tanner F. Rubio was inside a tactical vehicle when a mishap occurred during routine training.
Mark Ahrens and his son were singing Christmas carols when a speeding Tesla slammed into their minivan.
Officials said that the marine died from injuries sustained in a tactical vehicle mishap on Wednesday afternoon.
One person was declared dead at the scene of the crash, which happened just before 3 p.m. near Heil Avenue and Goldenwest Street, police said.
Marine veteran Tom Steen, who lost both legs to an illness, thanked his neighbors for helping his family get rid of the rats infesting his Irvine home.
A pair of earthquakes shook parts of Riverside County, near Idyllwild, on Thanksgiving Day.
The two-decade investigation began on March 21, 2004, when 18-year-old Hemet man Reynaldo Burts was found dead in the hills near Idyllwild.
Two Highland residents were arrested in connection with a homicide in Moreno Valley in early November, according to Riverside County deputies.
The crash happened at around 5:20 p.m. on Friday near Magnolia Avenue and Polk Street, according to a news release from the Riverside Police Department.
Police said that the driver dragged the stroller down the block, severely injuring a 3-month-old baby and a 3-year-old toddler.
A stolen vehicle pursuit ended after the suspect crashed into another car in Victorville.
Eric Dailey Jr. led all five UCLA starters in double figures with 18 points on 6-of-9 shooting and UCLA handed Oregon a 74-63 defeat.
President Trump presented medals to the 2025 Kennedy Center honorees during an Oval Office ceremony.
Lionel Messi and Inter Miami CF are Major League Soccer champions, defeating Vancouver Whitecaps FC 3-1 and earning their first MLS Cup title on Saturday.
FIFA released the World Cup schedule on Saturday that will feature 104 matches spread across 11 cities in the United States, with three in Mexico and two in Canada.
Michael Annett won the Xfinity Series' season-opening race at Daytona International Speedway in 2019.
"We're reviewing the process, and we'll see," Defense Secretary Pete Hegseth said. "Whatever we were to decide to release, we'd have to be very responsible about reviewing that right now."
President Trump presented medals to the 2025 Kennedy Center honorees during an Oval Office ceremony.
The Supreme Court said Friday it will decide the legality of President Trump's executive order that seeks to end birthright citizenship.
California unveiled a new online portal on Wednesday for residents to report alleged misconduct by federal agents during operations to enforce immigration laws.
Democrats on the House Committee on Oversight and Government Reform released "never-before-seen" images of Jeffrey Epstein's private island.
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.
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.
Supervisors will vote on the ordinance again in two weeks, after a review period. If approved, it would bar the sale of kratom derivatives to people under 21 in Riverside County.
Tens of thousands of Kaiser Permanente nurses and health care workers across California are hitting the picket line Tuesday, as a five-day strike begins.
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.
Tens of thousands of Kaiser Permanente nurses and health care workers across California are hitting the picket line Tuesday, as a five-day strike begins.
A charity that accepted donations of vehicles that would pay for breast cancer screenings for low-income patients agreed Thursday to pay a $3.8 million fine and to restrictions on future fundraising activities in 19 U.S. states, including Colorado.
Los Angeles Clippers star James Harden moved into 10th place on the NBA's career scoring list Saturday, passing Carmelo Anthony in a game against Minnesota.
Brandt Clarke scored twice to help Los Angeles break out of an offensive funk, Darcy Kuemper made 23 saves and the Kings beat the Chicago Blackhawks 6-0 on Saturday night to split a two-game set.
Naz Reid made a go-ahead 3-pointer with 13 seconds remaining, Jaden McDaniels scored 27 points and the Minnesota Timberwolves beat the Los Angeles Clippers 109-106 on Saturday night.
Washington rallied from an 18-point, first-half deficit to beat No. 24 Southern California 84-76.
Eric Dailey Jr. led all five UCLA starters in double figures with 18 points on 6-of-9 shooting and UCLA handed Oregon a 74-63 defeat.
President Trump presented medals to the 2025 Kennedy Center honorees during an Oval Office ceremony.
Japanese officials said Jeremy O Harris, known for his Tony-nominated "Slave Play" and his role in the series "Emily in Paris," was arrested on the island of Okinawa on Nov. 16.
Frank Gehry was known for designing the Guggenheim Museum Bilbao in Spain and the Walt Disney Concert Hall in Los Angeles.
Netflix on Friday said it will acquire Warner Bros., including its film and television studios, HBO Max and HBO.
Steve Cropper co-wrote several classics, including "(Sittin' on) the Dock of the Bay," "Green Onions" and "In the Midnight Hour."
A quiet Newport Beach neighborhood will deal with emergency drilling over the next several leaks after a methane leak forced evacuations. Alys Martinez reports.
How can you keep your holiday spending in control? Financial expert and Kikoff CEO Cynthia Chen joins CBS LA to give some tips and tricks.
The winter warmup continues in Southern California. Alex Biston reports.
It's unclear what caused the fire.
Lauren Pozen reports from Altadena, where, despite a devastating year for the community in the wake of the Eaton Fire, residents showed their resiliency and drive to rebuild with the annual Christmas Tree Lane lighting ceremony.
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.
