Stocks sink as oil prices sizzle and U.S. hiring fizzles
Stocks fell after new government data showed U.S. employers shed 92,000 jobs in February and as investors fret over oil prices.
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Stocks fell after new government data showed U.S. employers shed 92,000 jobs in February and as investors fret over oil prices.
U.S. stocks sank on Tuesday following President Trump's weekend threats to impose tariffs on some NATO trading partners.
Wall Street was buoyed by investor optimism that the longest federal government shutdown in U.S. history could be nearing an end.
The Dow dropped more than 750 points Friday as investors fret over the risk of a widening war in the Middle East.
Stock futures in the U.S. dropped and global oil prices jumped following an Israeli strike targeting Iran's nuclear facilities.
Stocks closed higher Monday as the U.S. and China moved to de-escalate their trade war, with investors eager for signs of a lasting agreement.
Stocks made early gains on Wednesday amid news of a possible trade deal with China, later losing steam.
The stock market tumbled Monday as Wall Street grapples with ongoing tariff uncertainty and President Trump's attacks on Jerome Powell.
It was a roller-coaster day in stocks as panic selling subsided, while President Trump threatened to hit China with a 50% tariff.
Stocks continued to tumble in the U.S. Friday as financial markets suffered their biggest two-day drop since 2020.
Ryan Yamamoto reports on the second day of stock markets plummeting in reaction to President Trump's tariffs.
Stock futures are pointing to another major drop in U.S. financial markets as global trade war risks rise.
Nasdaq also sinks more than 1,000 points as investors fret over the potential economic impact of President Trump's latest tariffs.
Team coverage of the Trump tariffs announcement causing multiple U.S. and international stock markets to crater Thursday morning. Read more here.
U.S. financial markets look set to crater in early as trade, with Dow future down nearly 1,300 points.
Natalie Brand reports on the White House downplaying the risk of a recession even as President Trump raises tariffs on Canadian metals.
Donald Trump's victory in the U.S. presidential election could boost economic growth and herald market-friendly policies, according to Wall Street.
Stocks and cryptocurrency prices set to power higher after Donald Trump wins U.S. presidential election.
U.S. markets tumbled for a third consecutive trading day amid recession fears and tensions in the Middle East.
Wall Street investors are increasingly confident of a soft landing for the U.S. economy, pushing financial markets to new highs.
The Dow Jones Industrial Average hit 40,000 points for the first time Thursday. Well-known brands like Goldman Sachs, Microsoft and United Health fueled the latest milestone. CBS News contributor J.D. Durkin joins "The Daily Report" to discuss what the record mark suggests about the economy.
Robust corporate profits and steady U.S. economic growth are driving stocks to record highs.
Oil prices rose 5% Friday amid the war between Israel and Hamas. J.D. Durkin, host of "The Street," joins CBS News to discuss what the spike means for U.S. investors.
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?
It's been quite a month for San Francisco Bay Area tech guru Elon Musk. Space X has successfully launched a crew to the International Space Station and also lifted the Sentinel-6 satellite into orbit and now Tesla has helped fuel the stock market's historic climb.
When the owners of the complex constructed it, the owners accepted money from the USDA with a mandate that it be used for farmworker housing. But when they began taking applications, one tenant says it didn't seem to be much of a requirement.
A driver who crashed into a Bay Area Safeway told investigators that she had confused the gas and brake pedals while parking, Martinez police said Wednesday.
A bill aimed at tightening California's elderly parole program has failed to advance.
The number of unhoused people living in Santa Clara County has soared 63% in the last decade, according to county point-in-time counts. Now a pair of women is leading a "united effort" to help people rebuild.
The body was found on the lawn near Sproul Hall, and Sgt. Jacob Westlie, with UC police, said foul play was not immediately suspected. He added that the deceased did not appear to be affiliated with the university.
When the owners of the complex constructed it, the owners accepted money from the USDA with a mandate that it be used for farmworker housing. But when they began taking applications, one tenant says it didn't seem to be much of a requirement.
A driver who crashed into a Bay Area Safeway told investigators that she had confused the gas and brake pedals while parking, Martinez police said Wednesday.
The body was found on the lawn near Sproul Hall, and Sgt. Jacob Westlie, with UC police, said foul play was not immediately suspected. He added that the deceased did not appear to be affiliated with the university.
A 1-year-old child died of his injuries after being hit by an airport taxi minivan in the driveway of San Jose apartment complex, authorities said.
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.
A man wanted in connection with a deadly double shooting in East Palo Alto was arrested in Mexico after more than seven years on the run, prosecutors said.
Economists say the next phase of recovery hinges on bringing back international visitors, especially from China, who historically spend more and stay longer.
Isolated to scattered thunderstorms are expected across the region beginning around 10 a.m. Residents may see lightning, heavy rainfall and small hail through the morning.
A Daly City patrol vehicle struck two bicyclists in San Francisco on Monday, the fire department said. Both cyclists were taken to the hospital in serious condition, San Francisco Fire said.
Police in Redwood City issued a warning to residents of a neighborhood Monday morning, after coyotes were spotted in the area.
A driver who crashed into a Bay Area Safeway told investigators that she had confused the gas and brake pedals while parking, Martinez police said Wednesday.
The body was found on the lawn near Sproul Hall, and Sgt. Jacob Westlie, with UC police, said foul play was not immediately suspected. He added that the deceased did not appear to be affiliated with the university.
Crimson is a mountain lion cub who was found alone in the Santa Monica Mountains. One of the youngest animals the Oakland Zoo has ever taken in, and likely one of its cutest.
Crews unearthed the skeletal remains on April 15, and the Alameda County Coroner's Office determined they were not connected to any crime and that they were likely of Native American origin.
Isolated to scattered thunderstorms are expected across the region beginning around 10 a.m. Residents may see lightning, heavy rainfall and small hail through the morning.
A 1-year-old child died of his injuries after being hit by an airport taxi minivan in the driveway of San Jose apartment complex, authorities said.
A San Jose man suspected of attacking a customer at a local bakery late last year was arrested by authorities more than 1,500 miles away in Arkansas.
Authorities in the San Francisco Bay Area said they busted a suspected retail theft crew allegedly linked to nearly 100 retail thefts across Northern California and Nevada.
An 18-year-old San Jose man was charged with the sexual assault and murder of his 2-year-old foster brother, authorities said on Monday.
A San Jose teen is facing multiple felony charges, including murder and sexual assault, following the death of his two-year-old foster brother, authorities said.
When the owners of the complex constructed it, the owners accepted money from the USDA with a mandate that it be used for farmworker housing. But when they began taking applications, one tenant says it didn't seem to be much of a requirement.
With weather forecasts calling for rain and reservoirs at, or nearing, capacity, it seems strange to think that parts of Sonoma Water are under a "dry water supply" designation.
A teenager that police said was involved in a deadly crash in Novato earlier this month has been arrested after being released from the hospital.
Isolated to scattered thunderstorms are expected across the region beginning around 10 a.m. Residents may see lightning, heavy rainfall and small hail through the morning.
In 2019, a company called Catalyst Properties approached the city of Larkspur with an idea. They convinced the city to pair up with a newly formed organization to create tax-free bonds as a way to purchase apartment complexes, turning them into middle-income housing.
The San Francisco 49ers and star left tackle Trent Williams have agreed to a two-year, $50 million contract that gives the team clarity about the future of one of its most important players before the NFL draft.
Ousseni Bouda scored two goals in the second half, ending Hugo Lloris' 593-minute scoreless run to begin the season, and the San Jose Earthquakes stunned Los Angeles FC 4-1 in an early Western Conference showdown.
The multiyear rebuild era for the San Jose Sharks is complete.
Curtis Mead hit a two-run homer, Andrew Alvarez worked 4 1/3 sharp innings in relief and the Washington Nationals beat the San Francisco Giants 3-0 to avoid a three-game sweep.
Golden State coach Steve Kerr is contemplating his future, the four-time NBA champion coach suggesting after the Warriors' season ended that there is a chance he might not be back with the club next season.
A man suspected in a series of thefts from home improvement stores in Northern California was released from jail earlier this month, only to be arrested hours later for the same crime.
A man wanted in connection with a deadly double shooting in East Palo Alto was arrested in Mexico after more than seven years on the run, prosecutors said.
Opening statements began in the trial of two people charged in the 2022 K Street shooting, the deadliest mass shooting in Sacramento's history.
Attorney General James Uthmeier said his office launched a criminal investigation into OpenAI after reviewing conversation logs between ChatGPT and a Florida State University student accused of killing two people last year.
A teenager that police said was involved in a deadly crash in Novato earlier this month has been arrested after being released from the hospital.
The company behind Truth Social has lost more than $1 billion since going public two years ago, while its shares have tumbled 58% during the past 12 months.
The Oakland woman said she searched far and wide for her pet, Dash, with no luck. Shethen turned to the Internet for help, posting pictures and details about Dash's disappearance on several apps.
Attorney General James Uthmeier said his office launched a criminal investigation into OpenAI after reviewing conversation logs between ChatGPT and a Florida State University student accused of killing two people last year.
The Consumer Federation of America accused Meta of allowing scam advertisements to "proliferate on its platforms."
Apple CEO Tim Cook will step down in August and become executive chairman of Apple's board.
Health officials in San Francisco announced Wednesday that an infant who recently traveled outside the United States has tested positive for measles.
A dead bat found at a Fremont home earlier this week has tested positive for the deadly rabies virus, according to authorities.
An East Bay woman is using the sport of pickleball to help find a cure for Parkinson's disease.
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.
The early-season heat wave gripping the Bay Area also means the allergy season is already kicking into high gear.
A bill aimed at tightening California's elderly parole program has failed to advance.
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.
About half of Iran's stockpile of ballistic missiles and its associated launch systems were still intact as of the start of the ceasefire in early April, officials said.
Price Johnson, chief financial officer of game maker Cephalofair, is among those now filing claims
President Trump said he's extending the ceasefire until Iran has submitted a proposal in talks with the U.S. "and discussions are concluded."
Philz Coffee will once again sport the Pride flag at its cafés after a directive to have them and other flags removed created a backlash.
The Trump administration agreed to restore the Stonewall National Monument's Pride flag in Greenwich Village after it was removed.
Philz Coffee's move to remove the Pride flag and all other flags from their stores is brewing up some strong reaction.
Transgender women athletes are now excluded from women's events at the Olympics after the IOC agreed to a new eligibility policy on Thursday.
The Trump administration has given San Jose State University 10 days to change its policy on transgender athletes or face legal action and possibly lose federal funding.
Pop star Britney Spears has voluntarily checked into rehab following her DUI arrest in Ventura County in March, a representative for the singer told CBS LA.
Adrian Arias's work, entitled "Layers of the Mission: A Celebration of Memory and Resilience," is intended to bring attention to who he describes as real-life neighborhood heroes.
City leadership recently passed legislation that they say will help established event activators plan and execute at a much faster pace.
The price hike raises the cost of the standard plan with ads by $1 per month and the cost of the standard and premium plans by $2.
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.
Ever since the COVID-19 pandemic, the Oakland Unified School District has seen an alarming spike in the number of unhoused students in the school system who deal with a host of challenges far beyond what most children face.
Meteorologist and CBS News Bay Area's resident pilot Lt. Jessica Burch got a treat during Fleet Week, taking to the skies with one of the Blue Angels.
A Bay Area man discovered his devastating loss left him with a new opportunity to rethink how he lives -- follow his journey in virtual reality, 360-degree video.
A groundbreaking medical study involving the UCSF Medical Center has shown some colorectal cancer patients can safely skip radiation treatment and enjoy a potentially higher quality of life.
Every day, San Francisco bar pilot Captain Zach Kellerman goes through what might just be the world's most dangerous commute.
Kelsi Thorud reports on the deaths of gray whales in the San Francisco Bay.
Kenny Choi reports on the killing of a foster child in Santa Clara County
John Ramos reports on a farmworker housing issue in Sebastopol.
Wei E and Claire Hubel co-founded The United Effort Organization in Santa Clara County to help unhoused residents rebuild their lives. Sharon Chin reports.
Brad Hamilton reports on a home powered solely by solar energy.
In 2025, KPIX is moving to a new community service award: the CBS News Bay Area Icon Award. Submit nominations for an outstanding community hero at kpix.com/icon.
It's the most wonderful time of the year for a South Bay woman who has played Mrs. Claus for more than 40 years for the children of North San Jose's Alviso District.
For residents of the Oakland Hills, the prospect of another wildfire always remains a concern. This week's Jefferson Awards winner has made it his mission to make the hills and other high-risk areas safer.
In East Palo Alto -- where state education numbers show more than nine in ten public school students are low income and more than half are English learners -- many are finding hope and connection at the Boys & Girls Clubs of the Peninsula.
This week's Jefferson Award winner is Army veteran who continues to live a life of service into his 80s, by feeding hundreds of San Francisco families a week.
A Bay Area man who overcame tremendous obstacles to excel in school has made it his mission to gear up other students for success in the classroom and in life.
For Students Rising Above scholar Josh Collins it took moving across the country to realize the value of his Bay Area family.
Samir Hooker had to grow up fast after his stepfather was shot dead 12 years ago. Now he is watching over his mom and sister while attending UC Berkeley.
It's hard enough to graduate from one of the most prestigious schools in the country when you're the first in your family to go to college. Imagine doing that while you're also trying to protect your parents from being deported?
Some students who are the first in their families to go to college face the challenge of balancing a rigorous academic load while still working to help support their family back home.