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.
U.S. officials confirmed that an F-15E fighter jet went down over Iran.
The LAPD said officers gave the suspect multiple commands, but he refused to comply, and the suspect was struck by police gunfire.
The photo shows the entire planet, as well as the Northern and Southern lights.
Temperatures during the Santa Ana wind event will warm up about 8 to 12 degrees along the coast and valleys and 4 to 8 degrees in the mountains.
The eye drops — sold under multiple brands — have been recalled over concerns about sterility, according to the FDA.
U.S. officials confirmed that an F-15E fighter jet went down over Iran.
The LAPD said officers gave the suspect multiple commands, but he refused to comply, and the suspect was struck by police gunfire.
The suspect crashed into another vehicle near Garey Avenue and County Road. Both the driver and passenger in the victim vehicle were pronounced dead at the scene.
Temperatures during the Santa Ana wind event will warm up about 8 to 12 degrees along the coast and valleys and 4 to 8 degrees in the mountains.
The eye drops — sold under multiple brands — have been recalled over concerns about sterility, according to the FDA.
The LAPD said officers gave the suspect multiple commands, but he refused to comply, and the suspect was struck by police gunfire.
Temperatures during the Santa Ana wind event will warm up about 8 to 12 degrees along the coast and valleys and 4 to 8 degrees in the mountains.
The Los Angeles Dodgers' newest Minor League Baseball team started its first season with a sold-out crowd at ONT Field.
Santa Monica city leaders approved a $3 million plan to bring businesses and customers back to the Third Street Promenade.
Six innocent people, including an unborn baby, died in three separate pursuits throughout Orange and Los Angeles counties this week.
With some non-citizens no longer eligible for Cal Fresh benefits, Orange County food banks are bracing for an influx of clients.
Honest drivers are now saving money after new cameras deterred toll violators from using the 91 Freeway's carpool lanes.
Renowned marine biologist Chris Lowe said the unusually warm winter has pushed young white sharks to Southern California's coastline.
A Santa Ana mother is missing after what was supposed to be a quick trip across the border to Tijuana.
United Airlines said the pilots saw the helicopter, received a traffic alert and leveled the aircraft.
The Los Angeles Dodgers' newest Minor League Baseball team started its first season with a sold-out crowd at ONT Field.
Citlalli Montes and Adriana Gonzalez are doing everything they can to get their father home to them and their mother, who has stage 4 brain cancer.
An Apple Valley family who called 911 during an apparent burglary sued the San Bernardino County Sheriff's Department after a deputy shot one of their loved ones.
Honest drivers are now saving money after new cameras deterred toll violators from using the 91 Freeway's carpool lanes.
UC Riverside and Cal Baptist University will switch conferences ahead of the upcoming 2026 season after the Big West Conference and Pac-12 Conference announced a partnership on Tuesday.
U.S. officials confirmed that an F-15E fighter jet went down over Iran.
The eye drops — sold under multiple brands — have been recalled over concerns about sterility, according to the FDA.
A federal judge in New York has tossed out actor Blake Lively's sexual harassment claims against actor Justin Baldoni over their roles in the movie "It Ends With Us," but left intact a claim for retaliation.
Body camera video has been released of Tiger Woods' arrest, after a car crash in Florida. He has been charged with driving under the influence.
President Trump has ousted Pam Bondi as attorney general, saying she will be taking a job in the private sector.
U.S. officials confirmed that an F-15E fighter jet went down over Iran.
For years, California leaders accused oil companies of price gouging at the pump, but a state investigation found no evidence of that. Instead, a CBS News California investigation found what's really driving the highest gas prices in the U.S.
President Trump has ousted Pam Bondi as attorney general, saying she will be taking a job in the private sector.
A federal judge directed the Trump administration to restore the legal status of migrants allowed into the U.S. under a now-defunct Biden administration program for asylum-seekers who arrived at the southern border.
President Trump is planning to deliver a prime-time address Wednesday night to "provide an important update on Iran," the White House said, as the president faces critical decisions in the monthlong war.
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.
An unlicensed cosmetologist from Florida has been found guilty in a California court for providing an injection that killed a model who was known as a Kim Kardashian lookalike, prosecutors said.
LA County public health officials issued a bacteria warning at several beaches as a potentially record-breaking heat wave arrives in Southern California.
Food containing norovirus may smell and taste normal but still cause serious illness if consumed, FDA warns.
HHS Secretary RFK Jr. wants the popular coffee chains to prove their surgery drinks are safe for teens and suggested the Trump administration could place limits on your cup of coffee.
Tests of dozens of baby formulas by Consumer Reports found that nearly half contained potentially dangerous chemicals.
A home-based food movement has been heating up in California, with home cooks turning their beloved family recipes into small businesses.
More than a dozen cities and counties across California were given a "final warning" from state officials Wednesday, saying they have failed to properly plan for additional new homes amid the state's lack of affordable housing.
A nonprofit that booked a Social Agent said it's a lot cheaper than hiring someone to do their social media full-time. A typical job runs about $200, with same-day delivery, and if clients already have footage, they can upload it and get a finished piece.
A California judge has tentatively stopped the state from canceling commercial licenses for more than 20,000 immigrant truck drivers.
The Fremont factory will still manufacture Model 3 and Y, but the space where Model S and X are made will instead focus on mass production of Tesla's Gen 3 Optimus robots.
Body camera video has been released of Tiger Woods' arrest, after a car crash in Florida. He has been charged with driving under the influence.
Los Angeles Rams All-Pro wide receiver Puka Nacua was in rehab before he was sued for assault and battery by a woman who says he made an antisemitic statement and bit her on the shoulder, his attorney said on Wednesday.
Deni Avdija had 28 points, 11 rebounds and eight assists, Jrue Holiday hit seven 3s and finished with 30 points, and the Portland Trail Blazers beat the Los Angeles Clippers 114-104 and snap their five-game win streak.
Shohei Ohtani dominated in his first start on the mound this season as the Los Angeles Dodgers beat the Cleveland Guardians 4-1 in drizzly conditions.
Luka Doncic scored 42 points with 12 assists, Deandre Ayton added 18 points with nine rebounds, and the Los Angeles Lakers extended their winning streak to four games with a 127-113 victory over the Cleveland Cavaliers.
A federal judge in New York has tossed out actor Blake Lively's sexual harassment claims against actor Justin Baldoni over their roles in the movie "It Ends With Us," but left intact a claim for retaliation.
A Las Vegas performer has sued Taylor Swift over the title of her hit album "The Life of a Showgirl," alleging it violates the performer's trademark.
Olivia Munn tells Tracy Smith about how she turned a symptomless Stage 1 breast cancer diagnosis into a mission to help other women.
The price hike raises the cost of the standard plan with ads by $1 per month and the cost of the standard and premium plans by $2.
Hollywood's biggest night is changing venues, with the Oscars ceremony moving from the Dolby Theatre to L.A. Live in 2029.
Carmen Bucci, a former Mino League Baseball player, discusses the different types of pressure that young athletes can face. He says that there is also a stigma when athletes do seek help.
David Paige, a professor of planetary science at UCLA, talks about the next steps in Artemis II mission as it enters its third day.
It’s going to be a warm and pleasant Easter weekend in Southern California. A Next Weather Alert has bene issued for all mountain communities who will experience some gusty Santa Ana winds.
Blake Lively’s sexual harassment claims against Justin Baldoni over the movie “It Ends With Us” were dismissed Thursday by a federal judge who left intact three claims, including retaliation, that will let a jury hear many of the allegations anyway. Hunter Sowards reports.
The Ontario Tower Buzzers, a Los Angeles Dodgers Minor League Baseball team, began their inaugural season on Thursday. Nicole Comstock 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.
