Here's how the Fed's rate cut today may impact your finances
The Federal Reserve just lowered its benchmark rate by 0.50 percentage points. Here's how the move could impact your finances.
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The Federal Reserve just lowered its benchmark rate by 0.50 percentage points. Here's how the move could impact your finances.
Raising a child in the U.S. costs hundreds of thousands of dollars. Many younger Americans say they can't afford it.
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.
A second suspect has been arrested in connection with a fatal shooting that happened near Hagginwood Park in North Sacramento earlier this year.
Republican Steve Hilton, a former Fox News host and adviser to former British Prime Minister David Cameron, will advance to November's general election in the race to become California's next governor, CBS News projects.
The shooting left an 18-year-old man with injuries police said were not life-threatening, and a 17-year-old suspect gunman was taken into custody.
A Manteca daycare owner pleaded guilty to felony child endangerment, involuntary manslaughter and driving under the influence in connection with the death of a five-month-old child at her licensed facility.
A sunscreen ingredient that's been available in Europe, Japan and South Korea for years has finally been approved by the FDA for sale in the U.S.
A Modesto home caught fire after a car crashed into it early Tuesday morning, leaving one person dead, firefighters said.
A second suspect has been arrested in connection with a fatal shooting that happened near Hagginwood Park in North Sacramento earlier this year.
All evacuation warnings have been lifted for the Putah Fire near Winters, Cal Fire said Tuesday.
Los Angeles City Council member Nithya Raman surged past Spencer Pratt on Sunday in the race for LA mayor. The California governor's race remains undecided.
The utility said it is monitoring a wind event forecast to hit the region by Wednesday for potential public safety power shutoffs.
An arrest has been made after a man was killed in a weekend shooting at an Arden-Arcade business, officials said on Tuesday.
A Citrus Heights man has been arrested in connection with a deadly stabbing that happened this week in Sacramento, officials said on Thursday.
A man has been charged with bringing an explosive device into Sacramento International Airport, federal prosecutors announced.
The district, redrawn under the voter-approved Proposition 50 in November, is expected to favor Democrats by including areas of Citrus Heights, much of North and East Sacramento, the city of West Sacramento, Rocklin and Roseville.
A new effort is underway to reduce Sacramento's drug overdose crisis. A local rapper and community members are coming together to film a music video highlighting the dangers of fentanyl.
The utility said it is monitoring a wind event forecast to hit the region by Wednesday for potential public safety power shutoffs.
Three U.S. citizens, including two California residents, have been arrested by the FBI in connection with an alleged plot to support ISIS.
A series of offshore earthquakes shook near California's North Coast early Wednesday morning.
A massive search effort is ongoing for a man missing since Memorial Day weekend in the Desolation Wilderness near Lake Tahoe.
Democratic Rep. Adam Gray and Republican Kevin Lincoln will advance in the June 2 primary for California's 13th Congressional District, CBS News projects.
Two-time Gold Glove shortstop Dansby Swanson was held out of the Cubs' starting lineup for a second straight game.
Nick Kurtz and Brent Rooker homered, Gage Jump worked 6 1/3 scoreless innings and the Athletics beat the Houston Astros 5-0 to avoid a series sweep.
Yordan Alvarez hit a grand slam for his 22nd home run, leading the Houston Astros to a 13-2 victory over the Athletics.
Golden Tempo made Cherie DeVaux the first woman to train a Kentucky Derby winner and the second woman to train a Belmont Stakes winner.
Michael Busch singled to right in the 10th inning, allowing automatic runner Dansby Swanson to advance from second and score on an error, and the Chicago Cubs edged the San Francisco Giants 3-2.
Republican Steve Hilton, a former Fox News host and adviser to former British Prime Minister David Cameron, will advance to November's general election in the race to become California's next governor, CBS News projects.
U.S. District Judge Leo Sorokin ruled in favor of a group of 20 states that challenged President Trump's new $100,000 visa fee.
Los Angeles City Council member Nithya Raman surged past Spencer Pratt on Sunday in the race for LA mayor. The California governor's race remains undecided.
Los Angeles City Councilwoman Nithya Raman has surpassed political newcomer Spencer Pratt in the race for L.A. mayor after trailing by nearly 6% on election night.
Former U.S. Health and Human Services Secretary Xavier Becerra, a Democrat, will advance to the November election in the California governor's race, CBS News projects. A second candidate in the race has not yet been projected to advance.
WHO chief Tedros Adhanom Ghebreyesus says risks from the Ebola outbreak in Congo and Uganda are "high at the national and regional levels, and low at the global level."
The cruise ship hit by a deadly hantavirus outbreak has docked at the Dutch port of Rotterdam for disinfection, wrapping up a troubled journey that put world health authorities on alert.
At least 80 deaths have been reported in a new Ebola disease outbreak in Congo and Uganda, authorities said.
Dr. Tracy Beth Høeg, leader of the Food and Drug Administration division responsible for regulating prescription and over-the-counter drugs, is leaving her post, a senior FDA official confirmed.
A West Park High School sophomore is celebrating the end of the school year and a second chance at life after suffering a sudden cardiac arrest during band class last month.
During the program's first year, it will be offered at about 65 to 75 hospitals that handle about a quarter of births in the state and largely serve low-income patients, Newsom's office said.
Fresh off their undefeated season and conference championship win, the women on the team are speaking out for the first time.
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.
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.
Their message is simple: keep showing up, keep moving and keep your heart open, because sometimes, the person who changes your life is living right across the street.
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.
Ashley Sharp reports.
Find out what kind of weather we're expecting this week.
Some residents in several Northern California counties could see their power cut this week.
A California Highway Patrol chase preceded the early Tuesday morning crash.
She announced her decision in a letter to the city manager on Tuesday.