Federal Reserve predicts "mild recession" later this year
Stocks closed lower following latest update on inflation and warning of possible recession.
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Stocks closed lower following latest update on inflation and warning of possible recession.
Are robot waiters the future?
The legislation from a bipartisan group of senators would require regulators to claw back all or part of the compensation bank executives got in the five years leading up to a bank's failure.
The recent storms have put a dent in the drought, but they've also flooded precious farmland, ruining mile after mile of crops across the state. But even at farms that didn't flood, they are still harvesting challenges.
They say government helps wealthy more than middle class amid bank issues.
A surge in grocery costs combined with the end of pandemic programs is causing a spike in hardship, a new study finds.
At the height of the Great Recession, Scott Pelley reported on the lengths the federal government will go to protect bank depositors.
All deposit accounts at Silicon Valley Bank and Signature Bank in New York will be guaranteed, the Federal Reserve, Treasury Dept. and FDIC said in a joint statement.
A major fast-food chain is saying than you to food delivery workers in a new way, by opening a space just for them in New York City.
Painfully high inflation is putting even more pressure on Americans struggling to repay their college loans.
Americans want compromise. The prospect of default impacts views.
A large number of American men between 25 and 54 years old are not working or even looking for work.
"We don't have time for incrementalism anymore," said author Rick Warztman.
"Whatever it is that people are experiencing, they were as generous as they had the capacity to be," said GivingTuesday CEO.
It's estimated more gift buyers are likely to shop on Small Business Saturday than Black Friday this year.
A strike could come shortly before the busy Christmas holiday.
Annual holiday feast is likely to see sharply higher prices for turkey and other traditional food items.
Investors cheered after U.S. consumer prices fell last month more than Wall Street expected.
"I got this wrong," admits CEO Mark Zuckerberg as his company grapples with faltering revenue and broader tech industry woes.
"I got this wrong," admits CEO Mark Zuckerberg as his company grapples with faltering revenue and broader tech industry woes.
The U.S. has a 25 day supply of diesel fuel, but refineries are continuing to add to that.
Exxon and Chevron reported surging quarterly earnings, with gas prices still up sharply from a year ago.
While the government reports a rebound in the U.S. economy, many small business owners are struggling to stay afloat.
Average home loan costs haven't been this high since the U.S. economy was reeling from the Sept. 11 attacks.
The U.S. economy grew at a 2.6% annual rate from July through September, the government said Thursday — a strong rebound after the nation's gross domestic product shrank in the first two quarters of the year.
A suspect who took off from officers was taken to the hospital after a shooting involving Dixon police Sunday night, police said.
Two adults died and two children are in the hospital after a single-vehicle crash on Highway 50 near Kyburz on Sunday afternoon, authorities said.
The 45th annual Diocese of Stockton Hispanic Ministry's Our Lady of Guadalupe celebration took place through the downtown Stockton streets on Sunday afternoon.
The Christmas spirit is working in overdrive in Sacramento after thieves tried to steal presents from a local nonprofit. Now, volunteers are stepping in to give back.
Jeff Kent was elected to baseball's Hall of Fame on Sunday by the contemporary era committee, while steroids-tainted stars Barry Bonds and Roger Clemens were among seven players who fell short once again.
A suspect who took off from officers was taken to the hospital after a shooting involving Dixon police Sunday night, police said.
Two adults died and two children are in the hospital after a single-vehicle crash on Highway 50 near Kyburz on Sunday afternoon, authorities said.
The 45th annual Diocese of Stockton Hispanic Ministry's Our Lady of Guadalupe celebration took place through the downtown Stockton streets on Sunday afternoon.
The Christmas spirit is working in overdrive in Sacramento after thieves tried to steal presents from a local nonprofit. Now, volunteers are stepping in to give back.
Jeff Kent was elected to baseball's Hall of Fame on Sunday by the contemporary era committee, while steroids-tainted stars Barry Bonds and Roger Clemens were among seven players who fell short once again.
Medical staff at the California International Marathon used a defibrillator to help a runner regain a pulse after she suffered a sudden cardiac arrest halfway through the race on Sunday.
Sacramento police are investigating a shooting that happened early Sunday morning near 8th and K streets.
Sacramento State Hornets head football coach Brennan Marion is leaving the program after just one season to become the offensive coordinator for Deion Sanders's Colorado Buffaloes.
A domestic violence suspect who fled from and fired at Sacramento County Sheriff's deputies early Monday morning before engaging in a hours-long standoff died from a self-inflicted gunshot wound, the Sheriff's Office said.
Last week, the California DMV approved a major expansion for Waymo, allowing the company to bring its robotaxis to more regions across the state, including in parts of Solano, Yolo and Sacramento counties.
California's public health department said one person has died and several others have suffered severe liver damage due to eating toxic mushrooms that were foraged.
FIFA announced the match-ups and times for the six World Cup 2026 games that will be played at Levi's Stadium.
The Trump administration will start sending more water to California farmers in the state's crop-rich Central Valley.
A California animal rights activist who took four chickens from a Perdue Farms poultry plant in Sonoma County was sentenced on Wednesday to 90 days in jail following her conviction in October.
California's essential health care facilities are wasting money on expensive contract labor amid chronic staffing shortages, even as agencies involved report hundreds of millions of dollars in savings from unfilled positions, a new report shows.
Jeff Kent was elected to baseball's Hall of Fame on Sunday by the contemporary era committee, while steroids-tainted stars Barry Bonds and Roger Clemens were among seven players who fell short once again.
Caden Pinnick threw two of his five touchdown passes to Zach Jones, Jordan Fisher had 140 yards rushing, which included a 50-yard touchdown run, and UC Davis beat Rhode Island 47-20 in the second round of the FCS playoffs.
FIFA announced the match-ups and times for the six World Cup 2026 games that will be played at Levi's Stadium.
The 2026 Men's World Cup will be held across the United States, Canada and Mexico next summer.
The Athletics are on track to open their new Las Vegas stadium on time, officials said Thursday.
The Supreme Court said Friday it will decide the legality of President Trump's executive order that seeks to end birthright citizenship.
California lobbyist Greg Campbell pleaded guilty Thursday to charges in connection with stealing funds from Xavier Becerra's dormant campaign account.
Texas approved a new congressional map this summer after Trump urged state GOP lawmakers to craft new House district lines to help Republicans hold onto their majority in the 2026 midterms.
Authorities say the FBI has arrested a man suspected of placing pipe bombs outside RNC and DNC headquarters on the eve of the Jan. 6, 2021, Capitol riot.
In the aftermath of the Stockton mass shooting, there are new calls to restore funding to a gun violence prevention program forced to close in March due to federal Department of Government Efficiency cuts.
California's public health department said one person has died and several others have suffered severe liver damage due to eating toxic mushrooms that were foraged.
The plan is to embed street medicine training directly into residency programs across multiple hospitals.
Consumers with the imported pans should throw them away due to the severe health risks posed by lead, the agency warns.
Ray Cathey is on a journey from silence to new sounds. Cathey's hearing took a pounding when he was an air rescue paramedic during the Vietnam War.
ByHeart said it can't rule out that all of its baby formula across all product lots could be contaminated, citing recent test results.
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.
More than two dozen structures were destroyed in a wildfire in the eastern Sierra Nevada mountains on Wednesday afternoon, officials said.
Clean-up has started in Chinese Camp after the TCU September Lightning Complex Fire ripped through the Gold Rush town earlier this month.
The fires burning in Calaveras and Tuolumne County caused air quality officials to issue a smoke advisory, warning people that the air quality may be unhealthy for sensitive groups.
The TCU Lightning Complex fires have burned nearly 14,000 acres in Central California, but in a Saturday update, Cal Fire said containment was at 42%.
A vegetation fire near El Dorado Hills broke out on Labor Day, quickly growing in size and prompting evacuations, 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.
Two adults died and two children are in the hospital after a single-vehicle crash on Highway 50 near Kyburz on Sunday afternoon, authorities said.
Sacramento police are investigating a shooting that happened early Sunday morning near 8th and K streets.
A suspect who took off from officers was taken to the hospital after a shooting involving Dixon police Sunday night, police said.
Here's a look at the weather forecast Sunday evening.
Christmas spirit is working overdrive after thieves tried to steal presents from a local nonprofit.