Stocks rebound from rout as Fed faces calls to cut rates early
Most equities rallied Tuesday after the previous day's global rout fueled by U.S. recession fears.
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Most equities rallied Tuesday after the previous day's global rout fueled by U.S. recession fears.
U.S. markets tumbled for a third consecutive trading day amid recession fears and tensions in the Middle East.
Japan's benchmark Nikkei 225 stock index plunged 12.4% on Monday in the latest bout of selloffs that are shaking world markets as investors fret over the state of the U.S. economy.
GameStop's stock price jumped more than 87% in pre-market trading following post on Reddit linked to trader Keith Gill.
Robust corporate profits and steady U.S. economic growth are driving stocks to record highs.
Consumer's snapped up Costco's new gold bar offerings, contributing to the company's strong earnings last quarter.
"Disappointing U.S. data releases and hawkish Fed rhetoric are also adding to the risk-off mood," said one analyst.
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 stock market has enjoyed unprecedented gains during the pandemic, with the strange, meteoric rise of GameStop among the highlights.
The stock market has enjoyed a historic rise, despite the pandemic and political upheaval, and looks poised to continue growing through 2021 and beyond.
The Dow Jones crossed the 30,000 threshold for the first time ever Tuesday, fueled by news that suggests a more stable economy in the near future.
Today's stock market gains come despite all the election uncertainty, but may suggest optimism for a second stimulus package down the line.
In an economy beset by pandemic-induced hardship, why is Wall Street thriving while Main Street is struggling?
The stock market reacted positively to the recent record unemployment numbers, which suggests a strong economic comeback, but be wary.
Wall Street's recent wild ride isn't driven by nervous portfolio managers, retirees looking at their 401(k) statements or any other human traders.
tocks were pummeled on Friday and Monday. The Dow fell more than 1,000 points over two sessions. Here's what's going on.
The Dow dropped 650 points, or 2.5%, on Friday despite a strong jobs report that showed wage growth is finally starting to pick up.
Apple and other U.S. tech stocks were rocked Monday by continued worries over China's economy, following an early sell-off on Friday.
Scientists say by monitoring search terms, they can predict the behavior of stock markets.
A study has found that declines in the stock market may put your health at risk.
The turmoil on Wall Street has hit the nation's largest public pension fund, which has lost about $18 billion off the value of its stock portfolio since July 1.
Gavin Williams threw seven shutout innings, Jo Adell had an RBI infield single and the Cleveland Guardians beat the Athletics 1-0 Sunday to remain atop the AL Central.
Christian McCaffrey became the fourth-fastest player in the Super Bowl era with 100 career touchdowns, Brock Purdy played a near-perfect game and the San Francisco 49ers overwhelmed the Miami Dolphins 35-13.
Kiké Hernández had a go-ahead RBI double in the seventh inning, Emmet Sheehan did not give up a run in 5 1/3 innings, and the Los Angeles Dodgers beat the San Francisco Giants 3-1 to complete a three-game sweep.
Authorities in Placer County say they are searching for a suspect they believe shot and killed a woman before taking off and ramming into a patrol vehicle.
California established Sept. 25, 9-2-5, as Dolly Parton Day in honor of the beloved artist and as a nod to her 1980 iconic song "9 To 5".
Authorities in Placer County are searching for a suspect they say fired shots at law enforcement and rammed a patrol car Sunday afternoon.
California Gov. Gavin Newsom vetoed a bill Friday that would have allowed each state agency to make its own telework policy.
The executive order does not require a shutoff yet, but asks experts to consider one alongside independent audits.
A Sacramento Sikh truck driver was stabbed 17 times in an unprovoked attack at a Wyoming truck stop on Sunday, his attorney says.
Gavin Williams threw seven shutout innings, Jo Adell had an RBI infield single and the Cleveland Guardians beat the Athletics 1-0 Sunday to remain atop the AL Central.
The crash happened just after 7 a.m. near Norwood Avenue and Lindley Drive. Police said officers arrived at the scene and began life-saving measures, but the driver was pronounced dead at the scene.
As children head back to school, many adults are returning to their regular routines, leaving local animal shelters with fewer volunteers at a time when they need them most.
The Twin Rivers Unified School District is taking a stand against plans for a crematorium less than 1,000 feet from Babcock Elementary School in Sacramento, citing concerns about air quality and potential health risks for students and families.
Sacramento police are searching for an e-bike rider who led officers on a chase Tuesday afternoon before getting onto Highway 99 and escaping.
Sol Blume, an R&B music festival in Sacramento that's been postponed several times, is still causing headaches for some ticket holders awaiting refunds.
California established Sept. 25, 9-2-5, as Dolly Parton Day in honor of the beloved artist and as a nod to her 1980 iconic song "9 To 5".
California Gov. Gavin Newsom vetoed a bill Friday that would have allowed each state agency to make its own telework policy.
The executive order does not require a shutoff yet, but asks experts to consider one alongside independent audits.
The U.S. Forest Service is proposing to rescind the 2001 Roadless Rule, a move that could change how some undeveloped forest areas in California are managed.
The California High-Speed Rail Authority paid out more than half a million dollars to consultants for wasteful expenses such as first-class flights and trips to nightclubs, a state watchdog said.
Gavin Williams threw seven shutout innings, Jo Adell had an RBI infield single and the Cleveland Guardians beat the Athletics 1-0 Sunday to remain atop the AL Central.
Christian McCaffrey became the fourth-fastest player in the Super Bowl era with 100 career touchdowns, Brock Purdy played a near-perfect game and the San Francisco 49ers overwhelmed the Miami Dolphins 35-13.
Kiké Hernández had a go-ahead RBI double in the seventh inning, Emmet Sheehan did not give up a run in 5 1/3 innings, and the Los Angeles Dodgers beat the San Francisco Giants 3-1 to complete a three-game sweep.
Betting platforms FanDuel and DraftKings say tools are there to help addicted gamblers slow down.
Angel Martínez homered from both sides of the plate as part of his second career four-hit game, Chase DeLauter had a three-run homer and the Cleveland Guardians remained in first place in the AL Central with a 12-6 victory over the Athletics.
California Gov. Gavin Newsom vetoed a bill Friday that would have allowed each state agency to make its own telework policy.
In a Truth Social post, Mr. Trump called fears around artificial intelligence possibly becoming a superintelligence that could pose a threat to human existence a hoax.
President Trump said Friday that three outlets would be banned from the White House, "effective immediately."
Manteca Mayor Gary Singh and a local chiropractor are facing misdemeanor election charges following an investigation into an offer of a discount tied to voting in the city's mayoral race, the San Joaquin County District Attorney's Office announced on Friday.
President Trump said he struck a deal to give the U.S. "permanent control over security" in Greenland following a push by the president to boost U.S. influence over the island — or take it over.
The CDPH said an unvaccinated passenger who later was hospitalized with measles traveled around the country by train and bus, eventually moving through at least six California counties before heading to Denver, Colorado.
Planned Parenthood Mar Monte, the largest affiliate in the country, launched a new lineup of services more than six months ago in Sacramento that they say is helping fill a critical funding gap: aesthetics.
Nearly half of Americans with medical debt owe at least $2,000, forcing them to make tough choices, new research shows.
For children facing cancer and other serious medical conditions, a hospital stay can be especially difficult. But at hospitals across Northern California, one familiar superhero is helping bring some joy to kids who need it most.
Affordable Care Act recipients in 30 states are set to receive the $500 checks starting in October. Here's why.
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.
The Dome Fire in California's Yosemite National Park has rapidly grown as firefighters work to slow the flames burning in steep terrain in Mariposa County.
The Lucas Fire burning in the Potter Valley area of Mendocino County, right at the Lake County border, has prompted an evacuation order.
Two firefighters were injured while battling a wildfire in California's Mariposa County that prompted evacuation orders and road closures.
An evacuation order for the Ross Fire in Calaveras County was downgraded as crews stopped the forward progress.
The evacuation order and warning were lifted for the Clover Fire in the Alta Sierra area in Nevada County on Friday afternoon.
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.
Placer Hillmen are coming off a 42-0 win over Rio Linda.
Steve Large reports.
Authorities in Placer County say they are searching for a suspect they believe shot and killed a woman before taking off and ramming into a patrol vehicle.
Authorities in Placer County say they are searching for a suspect they believe shot and killed a woman before taking off and ramming into a patrol vehicle.
Here's a look at the weather forecast Sunday afternoon.