Stocks pare losses as Trump says U.S. will insure ships in the Persian Gulf
U.S. financial markets rebounded after shedding more than 1,200 points in earlier trading on Tuesday.
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U.S. financial markets rebounded after shedding more than 1,200 points in earlier trading on Tuesday.
It was a roller-coaster day in stocks as panic selling subsided, while President Trump threatened to hit China with a 50% tariff.
Stocks continued to tumble in the U.S. Friday as financial markets suffered their biggest two-day drop since 2020.
Nasdaq also sinks more than 1,000 points as investors fret over the potential economic impact of President Trump's latest tariffs.
Jittery investors await Trump administration's latest salvo of tariffs on key U.S. trading partners.
Donald Trump's victory in the U.S. presidential election could boost economic growth and herald market-friendly policies, according to Wall Street.
Does the huge drop in the Dow Jones and other indices mark the end of a historic run that dates back to the pandemic's early days?
The Dow Jones closed down 12.94 percent Monday, the worst one-day loss in history.
Global stock markets rebounded Tuesday after President Trump said he would ask Congress for a tax cut and other measures to ease the pain of the spreading coronavirus outbreak.
The financial markets tumbled on coronavirus fears and a crash in oil prices.
The Dow Jones Industrial Average lost 357 points, or 1.4%, to 25,409.
Meanwhile, the S&P 500 is headed for its worst week since October 2008, when the financial crisis pummeled markets.
Stocks sank sharply Monday, with key U.S. indexes on track for their worst December since the 1930s.
Trade war fears wiped more than 1,100 points off the Dow in just two days. It was Wall Street's worst week in more than two years.
Residents across Los Angeles are rattled by the staggering stock market plunge. The stock market buckled Monday under the weight of a crisis in Europe and danger of recession at home. Reeling from a downgrade of American debt, the Dow Jones industrials plunged 634 points.
Banks and airlines are nudging stocks lower Monday, while economic worries continue to weigh on markets.
New hopes that a deal would be reached for Greece to avoid defaulting on its debts sent stocks higher Tuesday. The market gave up some of its gains following a surprise drop in U.S. consumer confidence.
Stocks are mostly lower and bond yields are at a new low for the year after two reports dimmed hopes for the job market and the U.S. economy.
Stocks are opening sharply lower after warnings about the finances of several European countries reignited fears about the region's debt crisis.
Stronger earnings reports from Ford and 3M helped drive stocks higher Tuesday. The Standard & Poor's 500 index was headed for its highest close since the financial crisis.
Mixed corporate earnings reports sent stock indexes wobbling Monday.
Wall Street will focus on another full slate of corporate earnings this week as several big companies report their first-quarter performance.
Johnson & Johnson led the Dow Jones industrial average higher on Tuesday. The health-care heavyweight rose 3 percent after reporting earnings that beat Wall Street's expectations. The company also raised its full-year earnings forecast.
A warning from Standard & Poor's that the agency might lower its rating on U.S. government debt sent stocks on their steepest slide in a month Monday.
Stocks are edging higher in midday trading at the start of the last full week before the next round of corporate earnings reports begin.
A pedestrian was fatally struck by a hit-and-run driver in Jurupa Valley early Sunday morning and Riverside County authorities are still searching for the suspect.
"Sinners" earned 16 nominations, the most ever, and is looking for a historic night at the 2026 Oscars. Here are all the winners and nominees at the 98th annual Academy Awards.
Deputies say that the suspect was found dead from a self-inflicted gunshot wound
Duke is the top overall seed in the NCAA men's college basketball tournament, with Arizona, Michigan, and Florida also landing on the No. 1 line.
A woman who was protesting against immigration operations outside of the federal detention center in downtown Los Angeles on Friday night was struck by a car leaving the compound. Video of the incident, which appears to show the woman stepping in front of the vehicle, but she insists that wasn't the case.
A pedestrian was fatally struck by a hit-and-run driver in Jurupa Valley early Sunday morning and Riverside County authorities are still searching for the suspect.
"Sinners" earned 16 nominations, the most ever, and is looking for a historic night at the 2026 Oscars. Here are all the winners and nominees at the 98th annual Academy Awards.
Just months remain until the California gubernatorial election, and CBS California is teaming up with local organizations for a live debate with the race's top candidates.
Deputies say that the suspect was found dead from a self-inflicted gunshot wound
Duke is the top overall seed in the NCAA men's college basketball tournament, with Arizona, Michigan, and Florida also landing on the No. 1 line.
A woman who was protesting against immigration operations outside of the federal detention center in downtown Los Angeles on Friday night was struck by a car leaving the compound. Video of the incident, which appears to show the woman stepping in front of the vehicle, but she insists that wasn't the case.
A 15-year-old boy was shot after a fight broke out at Dockweiler State Beach on Saturday night, according to police.
A homicide investigation is underway in Hermosa Beach after a man's body was found inside a beachfront home and a suspect was arrested following a seven-hour-long standoff late Saturday.
A $50,000 reward has been offered for information that helps lead Los Angeles Police Department detectives to the arrest of a suspect wanted in the 2019 killing of a man in Koreatown.
A mountain lion was spotted in a tree in the 800 block of Ebony Drive on Friday night, according to police. At around 4 a.m., they said that the big cat had moved on from the area and that its location was unknown.
A Seal Beach woman in her 70s was hospitalized after she was hit by a young man on an electric motorcycle.
Investigators said Jose Angel Aguilar cut off his ankle monitor and escaped while attending classes at an Orange County community college.
Two new polls have conservative commentator Steve Hilton, billionaire Tom Steyer and Rep. Eric Swalwell as the front-runners for California governor.
Authorities are seeking more victims of a rideshare driver who allegedly sexually assaulted a passenger in Orange County last month.
An Orange County man died after being bitten by a rattlesnake while mountain biking at an Irvine trail.
A pedestrian was fatally struck by a hit-and-run driver in Jurupa Valley early Sunday morning and Riverside County authorities are still searching for the suspect.
Deputies say that the suspect was found dead from a self-inflicted gunshot wound
The owners of a Riverside financial services business that was targeted in a burglary in which $20,000 in camera equipment was taken believe that the suspect may have been familiar with their office.
Investigators say that the foster father, a 57-year-old man from Perris, allegedly molested and sexually assaulted two children over 10 years.
Murrieta police arrested a Riverside County couple for a fire that killed two of their daughters last December.
"Sinners" earned 16 nominations, the most ever, and is looking for a historic night at the 2026 Oscars. Here are all the winners and nominees at the 98th annual Academy Awards.
Duke is the top overall seed in the NCAA men's college basketball tournament, with Arizona, Michigan, and Florida also landing on the No. 1 line.
More than 11.5 million people are under blizzard warnings, another 4.3 million are under winter storm warnings, and about 20.6 million are under an extreme heat watch, according to forecasters.
The U.S. became the first nation to sweep the hockey tournaments at the Olympics and Paralympics.
Six U.S. service members who were killed in a military refueling aircraft crash over Iraq last week have been identified as members of the Ohio Air National Guard and Florida-based crew members.
U.S. intelligence has circulated to President Trump's inner circle that Iran's late supreme leader had misgivings about his son replacing him, viewing Ayatollah Mojtaba Khamenei as not very bright.
In an exclusive interview with CBS News Saturday, Federal Communications Chair Brendan Carr doubled down on his warning that broadcast licenses could be revoked amid President Trump's criticisms of media coverage of the war in Iran.
Federal Communications Commission Chair Brendan Carr did not name specific networks, but his post included a reference to a Saturday morning Truth Social post from the president.
TSA officers faced their first full missed paycheck Friday.
With oil markets paralyzed by the U.S.-Iran war, the Trump administration says it could escort ships through the Strait of Hormuz — a massive undertaking that experts say could already be in the preparatory stages.
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.
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 trial has been set in the San Francisco Bay Area for a Florida woman accused of providing a cosmetic injection that killed a woman who was known as a Kim Kardashian lookalike, prosecutors said.
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.
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.
Duke is the top overall seed in the NCAA men's college basketball tournament, with Arizona, Michigan, and Florida also landing on the No. 1 line.
The U.S. became the first nation to sweep the hockey tournaments at the Olympics and Paralympics.
Russell Westbrook had 12 points, 12 rebounds and 10 assists for his 209th career triple-double and DeMar DeRozan scored 27 points to lead the Sacramento Kings to a 118-109 victory over the Los Angeles Clippers.
Mathieu Choiniere scored twice — the 27-year-old's second career multi-goal game in MLS — and Hugo Lloris had his fourth consecutive shutout to help Los Angeles FC beat St. Louis City 2-0.
Dejan Joveljić had a goal and an assist against his former team, Lasse Johnsen had a goal and an assist in his league debut and Sporting Kansas City beat the Los Angeles Galaxy 2-1.
"Sinners" earned 16 nominations, the most ever, and is looking for a historic night at the 2026 Oscars. Here are all the winners and nominees at the 98th annual Academy Awards.
The acclaimed filmmaker, who died in February at age 96, revolutionized the art of documentaries with such films as "Titicut Follies." In an interview recorded last year, the pioneering Wiseman talked about his unusual production methods aimed at capturing life.
Singer-songwriter John Mayer and film director-producer McG have teamed up to buy and renovate the legendary movie studio built by Charlie Chaplin, to preserve as a soundstage, recording studio, and a campus for artistic collaborations.
Hollywood's biggest stars are gearing up for the 98th annual Academy Awards. Here is what to know and how to watch the 2026 Oscars.
Watch scenes from the performances nominated for best supporting actor at the 98th annual Academy Awards, as well as interviews with the nominees.
Concerns for potential terrorist attacks, despite no current credible threats, amid the ongoing war in Iran, have prompted tightened security in Hollywood for this year's Oscars. Alys Martinez reports.
Who is going to take home the iconic statues at the Academy Awards on Sunday? Derrial Christon gives his preview with CBS LA.
It's spring break season, but it's going to feel like summer in Southern California. Chloe Carlson reports.
A 15-year-old boy was shot after a fight broke out at Dockweiler State Beach on Saturday night, according to police.
For the 30th year in a row, hundreds of people lined the streets of Hermosa Beach for the city's annual St. Patrick's Day Parade.
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.
