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Wall Street got a painful reminder of the threat the coronavirus pandemic poses to the economy Monday, and a big early gain for stocks suddenly flipped to losses after California rolled back its reopening plans amid a spike in cases.
Stocks surged on Wall Street to their highest levels since the business shutdowns took hold in the U.S. over two months ago, climbing on optimism Tuesday about the reopening economy even as the nation's official death toll from the coronavirus closed in on 100,000.
The Dow Jones Industrial Average fell 631.56 points, or 2.7%, to 23,018.88, and the Nasdaq was down 297.50, or 3.5%, to 8,263.23.
U.S. stocks tumbled once again on Friday, as coronavirus fears continue to mount, with Bay Area tech stocks taking a significant hit.
Stocks closed sharply lower in another dizzying day on Wall Street, putting the market on track for its worst month since early 2009.
The Nasdaq fell into correction on Wednesday, with tech stocks sinking following disappointing results from Texas Instruments and AT&T.
The Dow dropped 327 points on Thursday, with selling accelerating after Treasury Secretary Steven Mnuchin backed out of a conference in Saudi Arabia.
For a second day, the stock market sell-off didn't let up. The Dow dropped more than 540 Points
The Dow plunged more than 392 points, or 1.6%, on fears about political turmoil in Italy and renewed trade uncertainty between the United States and China.
Trade war fears and a presidential attack on Amazon are rocking Wall Street.
The Dow dropped about 345 points, or 1.4%, on Tuesday, completely reversing a 244-point gain from early in the day.
The Dow surged 669 points — its third-biggest point gain in history — and had its best day in two and a half years.
Facebook's worst day in four years dragged the stock market down.
The Dow dropped 420 points on Thursday after President Trump said his administration will impose tariffs on steel and aluminum imports.
The Dow Jones industrial average closed above 25,000 points for the first time, just five weeks after its first close above 24,000.
Stocks are mostly lower Wednesday, but a big gain for Apple sent the Dow Jones industrial average above 22,000 for the first time.
Stocks soared again to historic levels Wednesday, closing above 21,000 points on the Dow Jones for the first time in exchange history.
Dow Jones industrials close above 19,000 for the first time Tuesday as a post-election rally continues to push market to records.
Dow Jones tumbled more than 500 points during Friday's trading session, dropping below 16,000 points as the financial markets suffered another day of setbacks with many Silicon Valley stocks losing value.
All that volatility last month in the stock market may have resulted in some blows to your 401K account, but for Charles Schwab, it was a boon.
The Dow Jones industrial average soared more than 600 points Wednesday, its biggest gain in seven years.
China is once again the prime reason for the action. The People's Bank of China finally did the expected and cut interest rates in Beijing's latest move to try and put the brakes on its own market meltdown.
The Dow Jones Industrial Average plunged more than 1,000 points when the markets opened Monday morning.
Stocks are pushing further into record territory as the Dow Jones industrial average tops 18,000 points for the first time.
The Trump administration will start sending more water to California farmers in the state's crop-rich Central Valley.
A man convicted in the 2020 killing of a 19-year-old in San Francisco's Portola neighborhood will likely spend the rest of his life behind bars, prosecutors said.
In a recent survey, the vast majority of surfers feel a personal responsibility for the health of the ocean. Now, a Santa Cruz company hopes to provide them with one way to surf in a more eco-friendly manner.
A teenager who fired a gun during an after-school skirmish at Fairfield High School in September was already awaiting sentencing in a separate gun assault case at the time and will serve six months in detention for both cases, police said.
Two people suspected of stealing nearly $100,000 in items from a construction site in Napa County were arrested following dual pursuits early Thursday, police said.
The Trump administration will start sending more water to California farmers in the state's crop-rich Central Valley.
A man convicted in the 2020 killing of a 19-year-old in San Francisco's Portola neighborhood will likely spend the rest of his life behind bars, prosecutors said.
In a recent survey, the vast majority of surfers feel a personal responsibility for the health of the ocean. Now, a Santa Cruz company hopes to provide them with one way to surf in a more eco-friendly manner.
A teenager who fired a gun during an after-school skirmish at Fairfield High School in September was already awaiting sentencing in a separate gun assault case at the time and will serve six months in detention for both cases, police said.
Two people suspected of stealing nearly $100,000 in items from a construction site in Napa County were arrested following dual pursuits early Thursday, police said.
A man convicted in the 2020 killing of a 19-year-old in San Francisco's Portola neighborhood will likely spend the rest of his life behind bars, prosecutors said.
San Francisco's newly appointed police chief, Derrick Lew, is taking office with an ambitious promise: "I truly believe we're entering a golden era in San Francisco."
A social worker was stabbed and severely injured Thursday inside Zuckerberg San Francisco General Hospital, authorities said.
An inmate at a San Francisco County Jail facility was taken to the hospital after being stabbed by another inmate Thursday afternoon, deputies said.
A necropsy has revealed the apparent cause of death of Claude, the beloved albino alligator and unofficial mascot of the California Academy of Sciences in San Francisco.
Just a year after Alameda County District Attorney Pamela Price was recalled by nearly 63% of the voters, she's running again to get her job back.
The zoo has written a glowing love letter to the city of Oakland, in its new exhibit: The Future of Oakland.
About 1,500 teachers at the West Contra Costa Unified School District took to the picket lines on Thursday, striking over what they said were low pay and a lack of permanent staffing.
In 2023, there was a total of 114 murders in the city, 75 in 2024, to just below 60 by the start of December this year.
A former Antioch police officer who was convicted as part of a corruption case involving several officers in the department was sentenced to more than seven years in federal prison, prosecutors announced Tuesday.
The mother of a newborn baby who was found dead in Monterey County in 1994 has pleaded guilty to her son's death, prosecutors said.
Officials in Monterey County have issued a warning to people foraging for wild mushrooms amid a rise in poisonings.
Kiara Manion opened Bloom with her husband during the COVID-19 pandemic, building a following around breakfast classics such as chicken and waffles. The restaurant has also become a go-to gathering place on San Francisco 49ers game days.
Santa Clara County District Attorney Jeff Rosen announced charges against the 17-year-old accused of shooting three people at San Jose's Westfield Valley Fair mall on Black Friday.
Two people were killed in a fiery multi-vehicle crash involving Teslas on Highway 87 in San Jose late Tuesday morning, authorities said.
Two people suspected of stealing nearly $100,000 in items from a construction site in Napa County were arrested following dual pursuits early Thursday, police said.
One of two people charged in the Santa Rosa killing of Mark Calgani, the general manger of San Francisco's Condor Club, has pleaded no contest in the case.
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.
Cal Fire said, around 3 p.m., crews were called to Bean Hollow State Beach near Pescadero for a report of a person in the water.
Marin County has passed some new regulations to prevent wildfires that will take effect on Jan. 1.
The 2026 Men's World Cup will be held across the United States, Canada and Mexico next summer.
California has hired Tosh Lupoi as the new head coach, bringing back the former Golden Bears player and assistant.
Rookie VJ Edgecombe and Tyrese Maxey each made huge plays in the final seconds as the Philadelphia 76ers beat the short-handed Golden State Warriors.
The Athletics are on track to open their new Las Vegas stadium on time, officials said Thursday.
Former Angels and Rangers manager Ron Washington is returning to the Bay Area to become infield coach for the San Francisco Giants on new manager Tony Vitello's staff.
A man convicted in the 2020 killing of a 19-year-old in San Francisco's Portola neighborhood will likely spend the rest of his life behind bars, prosecutors said.
A teenager who fired a gun during an after-school skirmish at Fairfield High School in September was already awaiting sentencing in a separate gun assault case at the time and will serve six months in detention for both cases, police said.
Two people suspected of stealing nearly $100,000 in items from a construction site in Napa County were arrested following dual pursuits early Thursday, police said.
The mother of a newborn baby who was found dead in Monterey County in 1994 has pleaded guilty to her son's death, prosecutors said.
One of two people charged in the Santa Rosa killing of Mark Calgani, the general manger of San Francisco's Condor Club, has pleaded no contest in the case.
European regulators said X breached transparency rules under the Digital Services Act, a sweeping EU law intended to protect internet users.
An alert sent to people across California warning about a strong earthquake striking Northern Nevada on Thursday morning was sent in error, officials said.
Bay Area technology giants were among the winners at the 76th Annual Technology and Engineering Emmy Awards in New York on Thursday.
Children and adolescents who own smartphones by age 12 have higher risks of depression, poor sleep and obesity, according to a new study.
AI is swiftly reshaping America's labor market, performing many technical and cognitive tasks across a range of industries, study says.
Officials in Monterey County have issued a warning to people foraging for wild mushrooms amid a rise in poisonings.
San Francisco officials said Tuesday that the city has filed a lawsuit against leading manufacturers of ultra-processed foods, accusing them of producing products linked to serious health issues and alleging that the companies knowingly made the foods addictive.
Consumers with the imported pans should throw them away due to the severe health risks posed by lead, the agency warns.
ByHeart said it can't rule out that all of its baby formula across all product lots could be contaminated, citing recent test results.
In an interview with CBS News, FDA Commissioner Dr. Marty Makary explains what went into the decision to drop the most serious warnings on hormone therapy for menopause.
The Supreme Court said Friday it will decide the legality of President Trump's executive order that seeks to end birthright citizenship.
Just a year after Alameda County District Attorney Pamela Price was recalled by nearly 63% of the voters, she's running again to get her job back.
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.
Derrick Lew, who was born and raised in San Francisco, has been with the department for more than 20 years, and in that time, he has served at the Ingleside, Bayview, Mission and Central stations, the mayor's office said.
A 16-year FBI employee has filed a lawsuit alleging he was fired last month because he had a Pride flag displayed near his desk.
A group of transgender members of the U.S. Air Force and Space Force forced to leave active duty under the Trump administration's policies say their benefits were revoked in a rare move.
California state Sen. Scott Wiener of San Francisco announced Wednesday that he is running for Nancy Pelosi's congressional seat next year.
Advocacy group The Trevor Projected released data from the first year of a study following more than 1,600 LGBTQ+ youth across the country.
A former Yosemite employee says they've been fired by the National Park Service, three months after flying a transgender pride flag from El Capitan.
Frank Gehry was known for designing the Guggenheim Museum Bilbao in Spain and the Walt Disney Concert Hall in Los Angeles.
Netflix on Friday said it will acquire Warner Bros., including its film and television studios, HBO Max and HBO.
Families along Thompson Avenue, also known as Christmas Tree Lane, have decked out their porches and front lawns in time for the holidays.
Cirque du Soleil's return brings more than spectacle to San Francisco; it continues to fuel the local economy. Nightly performances draw thousands into the 2,500-seat Big Top near Oracle Park, boosting foot traffic and business in the Mission Bay neighborhood.
Allison Keaney, the first female CEO of the Cow Palace, one of California's biggest rodeo venues, said ticket sales jumped 61% this year, and women's rodeo, once an afterthought, is now ropin' in fans fast.
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.
A coastal flood advisory is in effect for coastal areas of Monterey County through the weekend. Scott Rates reports.
The groups of countries set to play in the upcoming FIFA World Cup next summer were selected on Friday, and Bay Area soccer fans attended watch parties to mark the event. Brad Hamilton reports.
John Ramos reports on Marin County banning wood exteriors for some future home constructions in the county.
The 76th Annual Technology and Engineering Emmy Awards were held in New York City on Thursday, with San Francisco-based company Dolby being awarded the prestigious Pioneering Emmy Award for its Mastering HDR Display, which forever changed the industry.
With shows happening at multiple venues, this year’s production promises incredible music and heart-warming holiday spirit. Artistic Director & Conductor Jake Stensberg sat down with Max Darrow yesterday to talk about the magic audiences can expect this winter.
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.