Senate passes climate, health and tax bill in major win for Democrats
The bill's passage is a significant achievement for Democrats as they look to maintain their hold on Congress in the November midterm elections.
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The bill's passage is a significant achievement for Democrats as they look to maintain their hold on Congress in the November midterm elections.
Billionaire Elon Musk said Tuesday he intends to reverse Twitter's ban against former President Donald Trump. CBS News' Tanya Rivero and Dan Patterson break down this announcement with CBS News tech reporter Dan Patterson.
The Federal Reserve, as expected, announced it is raising interest rates by three-quarters of a percentage point to help tamp down inflation. CBS News' Tanya Rivero and Christina Ruffini get analysis of the economic and political impact from Ted Rossman, senior industry analyst at Bankrate.com; CBS News political correspondent Caitlin Huey-Burns; and Michelle Singletary, Washington Post personal finance columnist.
The rise in the federal funds rate, which is what banks charge each other for overnight loans, comes as several significant pieces of economic data are released this week.
After billionaire Elon Musk said that he was abandoning his $44 billion buyout, Twitter vowed to pursue him in court.
The start of 2022 has pushed Wall Street into a bear market. Here's what the rest of the year could hold for investors.
"Inflation is much too high," Fed Chair Jay Powell said of the U.S. central bank's largest rate hike since 1994.
Manufacturers are again downsizing packaging in an effort to ease the hit from inflation. Are they going too far?
News alleviates investor doubts over billionaire's resolve, sending Twitter stocks up 5.5% in after-hours trading.
As prices continue to rise in the midst of one of the largest periods of inflation America has ever seen, Dr. Christopher Thornburg, an economist and cofounder of Beacon Economics, joined the studio to offer advice on how people can prepare for "recession shock."
A warning from Bank of America has brought more questions than answers as experts warn of an oncoming recession. Dr. Richard Thornburg, an economist and founding partner of Beacon Economics, joined the studio to discuss the potential "recession shock" and what it means.
President Biden on Thursday announced the release of 180 million additional barrels of oil over the next six months to combat gas prices, as well as urged Congress to impose fees on companies that he accuses of "hoarding without producing" and discussed his plans to boost the domestic production of critical minerals. CBS News' Tanya Rivero and Meg Oliver sit down with Tamar Essner, a principal at Vectis Energy Partners, to discuss.
After backing out of a high-profile trip to the World Climate Conference, rumors and conspiracy theories began to emerge online about the Governor's handling of the job.
The consumer price index rose four tenths of a percent in September, 5.4 percent higher than what it was last year according to the U.S. Labor Department.
While many people worry about the long term economic effects of the coronavirus pandemic, some economists said the bounce back may be quicker than expected.
Amazon and Netflix continue to do well as coronavirus isolates people in their homes, but many other companies have benefited or may soon.
President Trump on Tuesday said he wants the U.S. "opened up" by Easter Sunday, which falls on April 12, despite an acceleration of coronavirus cases across the country.
Nearly 1 in 5 Americans say they have been laid off or have had their work hours cut over the coronavirus pandemic.
The revision is the first in the forecast's 68-year history where an update was published between its scheduled quarterly releases.
Southern Californians should expect to see a dip in the economy due to the growing precautions put in place to mitigate the spread of coronavirus in the U.S.
Looks like more people are finding work. The latest US jobs report shows hiring jumped in April -- employers added 263,000 jobs.
Stocks plunged Tuesday ahead of a day of mourning honoring the late President George H.W. Bush.
The economy is just as strong today as it was last week. Keep that in mind as you process the Dow's breathtaking 1,175-point plunge on Monday.
Is your small business protected from even the slightest of downturns? Use these solutions to provide stability to your cash flow.
Apple is planning to build another corporate campus and hire 20,000 workers during the next five years as part of a $350 billion commitment to the U.S. that will be partially financed by an upcoming windfall from the country's new tax law.
A woman was struck by gunfire during a car-to-car shooting on the 10 Freeway in Riverside County on Saturday morning, according to the California Highway Patrol.
Brandon Valenzuela hit a three-run home run, Ernie Clement had a solo homer among his career-high tying five hits and the Toronto Blue Jays used a seven-run fifth inning to rout the Los Angeles Angels 14-1.
Broderick, 78, was sentenced to life with the possibility of parole after a 1991 trial.
Cox managed the Braves for 25 seasons, winning the World Series in 1995.
No major injuries were reported.
A pedestrian was hit by a Frontier airplane departing Denver for LA late Friday night, the airport and airline confirmed.
A woman was struck by gunfire during a car-to-car shooting on the 10 Freeway in Riverside County on Saturday morning, according to the California Highway Patrol.
Broderick, 78, was sentenced to life with the possibility of parole after a 1991 trial.
Cox managed the Braves for 25 seasons, winning the World Series in 1995.
No major injuries were reported.
The California Highway Patrol was in pursuit of a motorcyclist in Los Angeles County.
A Southern California family is turning their tragedy into a warning after their beloved dog ate a death cap mushroom during a simple walk in the park.
One man was killed in a drive-by shooting near Inglewood's Kia Forum, according to Mayor James Butts.
A preliminary 3.4-magnitude earthquake struck near Redlands and shook all across Southern California's Inland Empire.
The Lake Elsinore Storm is the Single-A affiliate of the San Diego Padres, and the only team on the West Coast to employ a full-time bat dog.
A preliminary 3.4-magnitude earthquake struck near Redlands and shook all across Southern California's Inland Empire.
CBS Los Angeles profiled Manny's big brother a few years ago. He was the first in his family to go to college after a successful academic career at Middle College High School in Santa Ana. Now, it's his little brother's turn to shine.
Some light showers could pass through Southern California overnight on Monday and Tuesday.
Following the Orange County death of victim Ed Ashman on Thursday, new charges of involuntary manslaughter for the teen's mother were announced by the DA on Friday.
Ocean experts say to expect more shark sightings through the summer. "It is gearing up to be a sharky summer," said Chris Lowe, the director of the Shark Lab at California State University, Long Beach.
A woman was struck by gunfire during a car-to-car shooting on the 10 Freeway in Riverside County on Saturday morning, according to the California Highway Patrol.
A preliminary 3.4-magnitude earthquake struck near Redlands and shook all across Southern California's Inland Empire.
A Riverside County firefighter was charged with sexually assaulting three women on Wednesday, just weeks after he was arrested for allegedly raping someone while on duty at a Temecula fire station, according to the Riverside County District Attorney's Office.
A rally at a Chino Hills junior high school celebrating America's 250th birthday caused some confusion and tension among parents.
San Bernardino County deputies arrested a Hesperia High School wrestling coach accused of child sexual abuse.
Cox managed the Braves for 25 seasons, winning the World Series in 1995.
The plane was evacuated because of smoke in the aircraft after the collision, according to the flight crew.
A pedestrian was hit by a Frontier airplane departing Denver for LA late Friday night, the airport and airline confirmed.
A "hawkish" turn at the Fed and stubbornly high inflation could delay interest rate cuts, according to Bank of America economists.
The MV Hondius is currently traveling to the Canary Islands, where the 147 people on board will be methodically off-boarded and flown home.
The video portrays Los Angeles Mayor Karen Bass as a villainous Joker-like figure and Gov. Gavin Newsom as French royalty eating cake, while Pratt appears as a hero swooping in to save Los Angeles and California from chaos.
Spencer Pratt has said he was compelled to launch his unlikely mayoral run after his home was destroyed in last year's devastating Los Angeles wildfires.
A former cellmate has previously claimed that the note was written by Epstein after a failed suicide attempt less than a month before his death.
The FDA announced its first authorization of fruit-flavored electronic cigarettes intended for adult smokers, a major policy shift after months of appeals to President Trump from the vaping industry.
A federal judge on Monday sharply criticized the treatment of accused White House Correspondents' Dinner attacker Cole Allen, at one point apologizing to the defendant for what he saw as overly restrictive and punitive conditions in jail.
Voters in California may soon decide on a ballot measure that seeks to help the state's middle class afford to buy a home, by establishing a $25 billion loan program that would provide down payment assistance.
Some Trader Joe's shoppers will get a payout after a lawsuit alleged that the retailer's customer receipts put shoppers at risk of ID theft.
California Attorney General Rob Bonta and local prosecutors urged parents to check their children's e-bikes, saying some of the vehicles may be motorcycles or mopeds capable of high speeds.
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.
Three passengers have been evacuated from a cruise ship hit by a hantavirus outbreak, as related cases are confirmed in Switzerland and South Africa.
The FDA announced its first authorization of fruit-flavored electronic cigarettes intended for adult smokers, a major policy shift after months of appeals to President Trump from the vaping industry.
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.
Voters in California may soon decide on a ballot measure that seeks to help the state's middle class afford to buy a home, by establishing a $25 billion loan program that would provide down payment assistance.
Some Trader Joe's shoppers will get a payout after a lawsuit alleged that the retailer's customer receipts put shoppers at risk of ID theft.
California Attorney General Rob Bonta and local prosecutors urged parents to check their children's e-bikes, saying some of the vehicles may be motorcycles or mopeds capable of high speeds.
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.
Brandon Valenzuela hit a three-run home run, Ernie Clement had a solo homer among his career-high tying five hits and the Toronto Blue Jays used a seven-run fifth inning to rout the Los Angeles Angels 14-1.
Cox managed the Braves for 25 seasons, winning the World Series in 1995.
Mitch Marner had three goals and an assist in his first career playoff hat trick, and the Vegas Golden Knights routed the Anaheim Ducks 6-2 in Game 3.
Freddie Freeman homered, Shohei Ohtani hit a go-ahead single and the Los Angeles Dodgers defeated the Atlanta Braves 3-1 in a showdown of National League division leaders.
Dylan Cease struck out 10, reaching double digits for the third time in eight starts this season, and the Toronto Blue Jays stopped a four-game losing streak by beating the Angels 2-0 and dealing Los Angeles its 14th defeat in 18 games.
Spencer Pratt has said he was compelled to launch his unlikely mayoral run after his home was destroyed in last year's devastating Los Angeles wildfires.
Uzo Aduba and Darren Criss announced the 2026 Tony nominees for select categories on "CBS Mornings" on Tuesday.
A trial in the lawsuit between Blake Lively and Justin Baldoni was set to begin later in May.
Rihanna, Sabrina Carpenter, Madonna, and Beyoncé all wore their best looks to celebrate the "Costume Art" theme at the 2026 Met Gala. Here are some of the best moments, photos, and more from the night.
Just a week after the two-weekend Coachella Music Festival left Indio, the Empire Polo Club grounds were flooded by country music fans for Stagecoach. Police arrested 119 people during the three-day event, most of whom were arrested for possession of alcohol under 21 years of age.
A community fundraiser was held in Arleta on Saturday to help raise money to cover funeral costs for the 1-year-old boy and his 25-year-old uncle, who were killed in a hit-and-run crash in Playa del Rey last weekend.
A team of activists called for action from city leaders outside of the West Los Angeles 99 Ranch Market, where three people were killed in a crash in February.
For the first time in more than a year, a beloved Altadena shop reopened to the public and brought a ray of hope back to the still-recovering community. Zach Boetto reports.
One person was killed on Saturday when a fire broke out in a detached garage of a Jefferson Park home.
A Frontier flight heading to Los Angeles International Airport from Denver International Airport fatally struck a pedestrian who was walking on a runway late Friday night. Gio Insignares 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.