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.
Two new polls have conservative commentator Steve Hilton, billionaire Tom Steyer and Rep. Eric Swalwell as the front-runners for California governor.
A father's years-long effort to create a community and safe space for adults with special needs is nearing the finish line.
The attorney for a man facing multiple charges in connection with an altercation with San Francisco Mayor Daniel Lurie's security detail is blaming the incident on the mayor's bodyguard.
FBI memo warning that Iran may try to launch drones at California in a seaborne "surprise attack" raised concern Wednesday — but officials tell CBS News there is no known, specific threat underpinning it.
CBS News California Investigates found that food banks, children's hospitals and charities are owed thousands of dollars sitting in the state's unclaimed property system, while other states automatically send checks to return the money.
Two new polls have conservative commentator Steve Hilton, billionaire Tom Steyer and Rep. Eric Swalwell as the front-runners for California governor.
A father's years-long effort to create a community and safe space for adults with special needs is nearing the finish line.
The attorney for a man facing multiple charges in connection with an altercation with San Francisco Mayor Daniel Lurie's security detail is blaming the incident on the mayor's bodyguard.
FBI memo warning that Iran may try to launch drones at California in a seaborne "surprise attack" raised concern Wednesday — but officials tell CBS News there is no known, specific threat underpinning it.
Identity theft experts say criminals are creating fake business entities by targeting a specific population: legal immigrants.
The attorney for a man facing multiple charges in connection with an altercation with San Francisco Mayor Daniel Lurie's security detail is blaming the incident on the mayor's bodyguard.
A San Francisco supervisor is launching a "dumb laws" contest and is asking residents to help root out unnecessary, burdensome, or outdated city laws and regulations.
Temperatures throughout the Bay Area will begin to climb on Wednesday and possibly be 20 to 30 degrees higher than seasonal averages by the weekend.
The owner of an Oakland trucking company says the cost of diesel for delivery trucks and the bunker fuel that powers container ships is going up so fast that goods already enroute are increasing in cost as they make their way to the US.
San Francisco District Attorney Brooke Jenkins said there was no proof of a connection between the men and that they believe the attack was random. The suspect remains in custody.
A fire burned on Wednesday morning at a metals recycling plant in West Oakland with a history of fires and environmental violations.
Temperatures throughout the Bay Area will begin to climb on Wednesday and possibly be 20 to 30 degrees higher than seasonal averages by the weekend.
The Oakley City Council on Tuesday voted to approve a controversial industrial development near the shoreline following a public meeting where residents on both sides of the issue voiced their concerns.
The operator of the e-scooter was arrested on suspicion of operating a bicycle under the influence of alcohol and/or drugs and DUI causing bodily injury.
A former San Francisco Bay Area attorney has been sentenced to more than a decade in prison after being convicted in connection with the $1 billion DC Solar Ponzi scheme, prosecutors said.
Across San Jose, nearly 474 automated license plate reader cameras scan passing vehicles every day, capturing plate numbers, vehicle descriptions, and location.
Temperatures throughout the Bay Area will begin to climb on Wednesday and possibly be 20 to 30 degrees higher than seasonal averages by the weekend.
Police in San Jose have launched a hate crime investigation following an assault at the Santana Row over the weekend.
State correctional officials said an inmate at Pelican Bay State Prison from Monterey County died Monday in an apparent homicide.
Authorities in the South Bay have arrested two people in connection with the deadly shooting of a young mother in Sunnyvale, including the victim's former partner, police said.
Planned on state-owned land near the San Quentin Rehabilitation Center, the development includes 135 workforce apartments for educators, school staff, and county employees.
Temperatures throughout the Bay Area will begin to climb on Wednesday and possibly be 20 to 30 degrees higher than seasonal averages by the weekend.
Hundreds of people in San Rafael were without power Wednesday morning after a tree fell and took some power lines with it.
A vehicle struck three juveniles who were walking in rural Napa County, Cal Fire said. Two of the victims were taken by air ambulance to UC Davis in Sacramento.
A parade of vintage Army vehicles passed by Dick Sharp's home in Windsor, a salute to wish him a happy birthday. He recalled the years following the war as "the best of times," when education was readily available, and opportunities were everywhere.
Chicago's Jalen Smith converted two free throws with 1.4 seconds left in regulation to send the game into OT, and Tre Jones contributed 22 points for the Bulls
Sash Gavalyugov scored 23 points including a back-breaking 3-pointer to lead Santa Clara to a 76-71 victory over No. 21 Saint Mary's in the semifinals of the West Coast Conference Tournament to take a big step toward making the Big Dance.
The San Francisco 49ers agreed to a four-year, $17 million contract with kicker Eddy Pineiro to keep him off the free agent market next week.
Oksana Masters has competed at every Paralympics since 2012 and is the most decorated American Winter Paralympian.
The San Jose Sharks signed goalie Alex Nedeljkovic to a two-year, $6 million contract extension before the trade deadline.
The attorney for a man facing multiple charges in connection with an altercation with San Francisco Mayor Daniel Lurie's security detail is blaming the incident on the mayor's bodyguard.
Across San Jose, nearly 474 automated license plate reader cameras scan passing vehicles every day, capturing plate numbers, vehicle descriptions, and location.
The operator of the e-scooter was arrested on suspicion of operating a bicycle under the influence of alcohol and/or drugs and DUI causing bodily injury.
Police in San Jose have launched a hate crime investigation following an assault at the Santana Row over the weekend.
A former San Francisco Bay Area attorney has been sentenced to more than a decade in prison after being convicted in connection with the $1 billion DC Solar Ponzi scheme, prosecutors said.
Across San Jose, nearly 474 automated license plate reader cameras scan passing vehicles every day, capturing plate numbers, vehicle descriptions, and location.
The Oakley City Council on Tuesday voted to approve a controversial industrial development near the shoreline following a public meeting where residents on both sides of the issue voiced their concerns.
Artificial intelligence can give some workers "brain fry" if overused, according to a new study published in Harvard Business Review.
The Valley Christian High School team, called Wildfire Quest, in San Jose, is a finalist in the $11 million global XPRIZE Foundation Wildfire competition, competing against the top AI and defense innovators.
Anthropic CEO Dario Amodei said his company and the Department of Defense "have much more in common than we have differences."
He advises people to lie down, extend their arms, and hold the phones above their heads, or people should hold their phone at eye level, rather than looking down.
Food containing norovirus may smell and taste normal but still cause serious illness if consumed, FDA warns.
The city said there was no evidence of community-spread or of an outbreak, and that the health advisory was issued to give health care providers guidance.
Tests of dozens of baby formulas by Consumer Reports found that nearly half contained potentially dangerous chemicals.
A trial has been set in the San Francisco Bay Area for a Florida woman accused of providing a cosmetic injection that killed a woman who was known as a Kim Kardashian lookalike, prosecutors said.
FBI memo warning that Iran may try to launch drones at California in a seaborne "surprise attack" raised concern Wednesday — but officials tell CBS News there is no known, specific threat underpinning it.
Across San Jose, nearly 474 automated license plate reader cameras scan passing vehicles every day, capturing plate numbers, vehicle descriptions, and location.
About 30 U.S. service members remained hospitalized Tuesday after an Iranian drone strike in Kuwait.
President Trump told FIFA representatives Tuesday that Iran is welcome to play in the World Cup tournament in the United States, officials told CBS News.
President Trump will issue an executive order to remove Anthropic's AI technology from agencies across the executive branch, sources familiar with the matter tell CBS News.
A man has been arrested and accused of a hate crime after a San Francisco church was vandalized over the weekend, police said.
A Yosemite park ranger was fired last year after helping to display a transgender pride flag from El Capitan.
After more than two years of renovations, the historic Castro Theatre is back open for business.
A large Pride flag has been removed from the Stonewall National Monument in Greenwich Village. The National Park Service said it did so under guidance from the federal government.
The billionaire and philanthropist MacKenzie Scott donated $45 million to The Trevor Project, a nonprofit focused on suicide prevention and advocacy for LGBTQ young people.
A woman was arrested on Sunday for firing multiple shots at the Beverly Hills home of Rihanna, Los Angeles Police Department officials say.
The Chinese New Year Parade took place Saturday in San Francisco and was free to attend for the public.
Friday, March 6, marks 100 years since the historic location opened its doors, but they'll be celebrating a little early with free movies on Wednesday.
Along with the "True Lies" co-stars, the California Hall of Fame's new inductees will include Olympians Carl Lewis and Janet Evans and Mariachi Reyna de Los Ángeles.
The design process for the floats began in November, with a crew of nearly 30 people working to put the final product together.
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.
At the historic naval shipyard on Mare Island in Vallejo, Kindred Motorworks is making electric models of classic cars. Max Darrow reports.
Traffic deaths in San Jose are now the lowest in more than a decade and come after a series of physical changes to major streets. Len Ramirez reports.
California law enforcement agencies received an FBI bulletin last week warning that Iran has "allegedly aspired" to attack the West Coast with drone strikes from a vessel off the coast. Katie Nielsen reports.
A 25-year-long effort to create a community and safe space for adults with special needs is nearing the finish line. Sharon Chin reports.
Meteorologist Zoe Mintz says the warm temperatures this week will become even warmer after the weekend.
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.