American household incomes rebounded in 2023 to pre-pandemic levels
New Census data finds the typical household earned $80,610 last year, a 4% jump from 2022 and the first significant boost since 2019.
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New Census data finds the typical household earned $80,610 last year, a 4% jump from 2022 and the first significant boost since 2019.
The latest labor market data comes less than two weeks ahead of the Federal Reserve's decision on whether to cut interest rates.
In North Carolina, Harris took note of falling inflation but added, "Still, we know that many Americans don't yet feel that progress in their daily lives."
Wall Street is increasingly jittery about the health of the U.S. economy. Here's what the experts say about the chances of a recession.
U.S. markets tumbled for a third consecutive trading day amid recession fears and tensions in the Middle East.
Economic issues hit Sesame Street, as Cookie Monster takes to social media to complain his favorite food is getting smaller.
Multimillionaires are much happier than the merely well off, suggesting life satisfaction continues to improve the wealthier you are.
Consumer spending helped drive growth despite cost-of-living expenses that have spiked across the country.
Although Donald Trump vows to bring U.S. prices down "very quickly," some economists say his policies could rekindle inflation. Here's what to know.
CBS News fact checked some of the statements made by GOP speakers at the first night of the 2024 RNC, where Donald Trump is accepting the GOP presidential nomination.
Economists including Joseph Stiglitz and Robert Shiller are signatories on a letter cautioning that Trump's plans could harm the U.S. economy.
Older Gen Xers are turning 59 ½ this month, when they can withdraw retirement assets without a penalty. But many don't have enough saved.
Nearly a third of the academic and graduate student workers of the University of California are on strike after the union of 48,000 employees escalated its labor standoff by walking off the job at UCLA and UC Davis Tuesday morning.
Many Americans are increasingly skeptical about the value of a college degree. Here's what the income and wealth data shows.
California added more than 50,000 jobs in April two years ago, but the state only added 5,200 jobs this past April. It's a troubling trend that some experts are concerned about how it impacts small business owners.
California lawmakers on Thursday voted to keep hundreds of bills from advancing for a floor vote during a tough budget year.
Robust corporate profits and steady U.S. economic growth are driving stocks to record highs.
From rock concerts to food festivals, tourists attending Sacramento events are providing a big boost to the local economy.
Dozens of Google workers who were fired after protests over the technology company's lucrative contract with the Israeli government on Monday filed a complaint with labor regulators in an attempt to get their jobs back.
Google confirmed it has fired additional employees for being involved in protests at the tech company's Sunnyvale and New York City offices to oppose a $1.2 billion contract with Israel.
Wall Street is closely watching the jobs report and next week's inflation data to predict when the Fed might cut rates.
The annual income needed to afford even a basic home in the U.S. has risen sharply since the pandemic, a new report shows.
California's unemployment rate is now the highest in the country.
The 40-hour workweek has been standard in the U.S. for more than eight decades. Now, some members of Congress want to give hourly workers an extra day off.
It was a decade ago when Sacramento first broke ground on downtown's Golden 1 Center, and research is showing the growing impact it's having on the local economy.
Three people, including two children, were rescued from a fire at a duplex in the Modesto area early Sunday morning, fire crews said.
President Trump said Immigration and Customs Enforcement agents will assist TSA agents at airports as delays and security staffing shortages continue to worsen.
Two men died after a vehicle sped through active railroad crossing arms in San Joaquin County Saturday evening, the California Highway Patrol said.
On Saturday, a pilot and former prisoner of that war was remembered for the life he lived and what his eventual return, captured in an iconic photograph, symbolized for the nation.
The Yuba County Sheriff's Department said they responded to a report of a verbal altercation at a gathering on Friday and arrived at the scene to find a man who had been shot. Deputies have arrested two suspects in connection with the shooting.
Three people, including two children, were rescued from a fire at a duplex in the Modesto area early Sunday morning, fire crews said.
President Trump said Immigration and Customs Enforcement agents will assist TSA agents at airports as delays and security staffing shortages continue to worsen.
The Iran war is nearing the three-week mark as about 2,200 more U.S. Marines and three more warships are headed toward the region, two U.S. officials say.
Two men died after a vehicle sped through active railroad crossing arms in San Joaquin County Saturday evening, the California Highway Patrol said.
On Saturday, a pilot and former prisoner of that war was remembered for the life he lived and what his eventual return, captured in an iconic photograph, symbolized for the nation.
Parts of Downtown Sacramento have sidewalks that are 150 years old, and next week, city leaders will consider spending more than $1 million to help restore them.
A teachers' strike at the Natomas Unified School District in Sacramento ended Thursday morning, after both sides announced a tentative agreement.
There's a push to start charging property owners who have vacant buildings or undeveloped land in Sacramento, but some are concerned that new fees could discourage development.
More than a dozen people have been killed by cars so far this year on Sacramento streets, and on Tuesday night, the city council debated what can be done to reduce future fatalities.
Twin Rivers Unified School District teachers went on strike nine days ago and, as of Tuesday afternoon, were back at the bargaining table.
Lawmakers in the California state legislature said they are moving to designate "Farmworkers Day" as a state holiday following sexual abuse allegations against Cesar Chavez.
A Chilean national on Monday pleaded guilty to a string of bank and ATM robberies for his role in a robbery crew using sophisticated tactics to steal more than $5 million in California, Oregon and Washington, prosecutors announced on Tuesday.
Serious allegations against late labor leader and civil rights activist Cesar Chavez have prompted the union he co-founded to abstain from this year's Cesar Chavez Day activities.
San Jose, Livermore, Napa, Concord, and many other inland areas will be within reach of the 90° mark, which would either tie or break all-time record warm temperatures for March. The reason? A strong area of high pressure is building overhead.
The war with Iran is now leading to growing concerns among California farmers over a fertilizer shortage, with many fertilizing products coming from shipments that are stuck in the Persian Gulf. tuck in the Persian Gulf.
A dispute over a youth baseball contract in Ceres escalated into a physical confrontation between league leaders and a city employee, raising questions about control of a long-standing community program and potential changes to its funding.
Rookie VJ Edgecombe scored a career high 38 points with 11 assists, and Justin Edwards added 32 points as the 76ers beat the Sacramento Kings 139-118.
San Francisco Giants pitcher Hayden Birdsong will undergo Tommy John surgery and miss the entire season.
It's Women's History Month and a community college in Stockton is - making history - as the San Joaquin Delta College Mustangs become the school's first women's basketball team to win a state title.
All eyes are on new San Francisco Giants manager Tony Vitello as he makes the big jump from coaching the University of Tennessee to major league manager despite no previous professional experience as a player or coach.
President Trump said Immigration and Customs Enforcement agents will assist TSA agents at airports as delays and security staffing shortages continue to worsen.
Robert Mueller served as FBI director from 2001 to 2013 and led the investigation into allegations of Russian meddling in the 2016 presidential election.
Wait times aren't expected to improve until government funding is restored and TSA officers receive paychecks.
A federal judge has struck down some of the Defense Department's strict controls on how journalists with access to the Pentagon are allowed to report — ending a policy that caused many news outlets to leave the Pentagon.
The FCC announced Thursday that it had approved the $6.2 billion merger of major broadcast station owners Nexstar and Tegna.
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.
Public health officials say they've confirmed two cases of measles in Sacramento County.
Multiple elephant seal pups along the Northern California coast have tested positive for the deadly avian influenza, or bird flu, according to new research from the University of California.
Here's what to know about TrumpRx, including how it works, who can use it, and how much money it can save.
Finding the perfect dress isn't easy, but now, selling them could become a lot more challenging.
This weekend, Placer County is hosting its annual Sip Into Spring event, offering free or discounted tastings at more than 20 wineries along what's known as the Placer Wine Trail.
From fruits and veggies to car parts, economists project that businesses will pass along the cost of the tariffs to customers.
An economic blackout was underway Friday as activists nationwide encouraged people not to spend their money at large corporations, retailers and fast-food chains for 24 hours.
San Joaquin County's retail theft reporting app has only been around for six months and is already bringing a sense of calmness to local business owners.
President Trump and Gov. Gavin Newsom have made several different claims about California gas prices. Here's what we found.
This year-long investigation provides an unprecedented look at California's one-party supermajority legislature through the eyes of grieving parents who discover how California lawmakers kill popular bills by not voting.
This year-long investigation by CBS News California investigative correspondent Julie Watts examines the many components of California's new tougher-on-crime law.
A Natomas mother demanded that her daughter be exhumed and cremated after a Sacramento cemetery moved her grave without telling the family.
The California Highway Patrol captain accused of workers' compensation fraud was the commander in charge of the fatal Mahaney Park shootout in Roseville, three officers who worked under him at the time of the shootout said.
CBS13 and the Call Kurtis consumer investigative team devised an idea on how to lower what consumers owe on their credit cards -- and it begins with a simple phone call.
No one wants to think about death. However, it's important to plan on what happens to your digital assets after you die.
After spending $18,000 on waterproof laminate floors, a Natomas couple spotted damage after the first cleaning.
More than a year after Hai Pham canceled the trial membership, he kept getting charged every month for it.
A Natomas mother demanded that her daughter be exhumed and cremated after a Sacramento cemetery moved her grave without telling the family.
Six months after a California wildfire destroyed dozens of homes in the Tuolumne County community of Chinese Camp, officials say debris removal is now complete and properties are being returned to their owners.
A man has been arrested and charged in connection with the Tiger Fire that burned 118 acres in California's Amador County last summer and forced evacuations near Pioneer.
A major home developer is rethinking how communities are built in wildfire-prone areas and the future is taking shape in El Dorado County.
San Joaquin County secured a grant aimed at helping to build a wildfire protection plan for the entire county.
More than two dozen structures were destroyed in a wildfire in the eastern Sierra Nevada mountains on Wednesday afternoon, officials said.
A Sacramento County dog picked up thousands of miles from home after he went missing five years ago was reunited with his family on Wednesday.
What started as a suspicious circumstances call for Rancho Cordova police ended with a newborn surprise.
A once-empty lot behind Church of the Cross in north Modesto now hosts a thriving community garden with more than 140 plots and growers from across the globe.
A Sacramento-area middle school history and English teacher is in the running to win big as America's Favorite Teacher, a title her students think she is more than worthy of being awarded.
Junior Romello Bruhn of Woodland Christian High School is closer than ever to scoring 3,000 career points, something only 13 high school athletes have accomplished in California state history.
Madisen Keavy reports.
Authorities estimated about 100 juveniles riding bikes and e-bikes down Highway 99 near Fruitridge Road.
The owner of the Stockton 99 Speedway says he's doing better thanks to all the support from the community.
Two men died after a vehicle sped through active railroad crossing arms in San Joaquin County Saturday evening, the California Highway Patrol said.
Here's a look at the weather forecast Saturday evening.