Biden signs deal to lift debt ceiling
President Biden Saturday signed a bipartisan bill that will suspend the nation's debt ceiling and avoid what could have been a catastrophic government default. Christina Ruffini has more.
Economy
Economic boost or big business hand-out? Nevada lawmakers consider A's stadium financing
Nevada lawmakers questioned whether a proposal to subsidize a new MLB stadium with tax credits and bonds would further jolt Las Vegas' economy.
Biden optimistic Democrats will back debt plan
President Biden and House Speaker McCarthy both expressed optimism that they would be able to get their respective parties on board for the debt ceiling plan they negotiated. Natalie Brand has the latest.
Fewer Americans are moving for work
A new survey finds that far fewer Americans are moving for work -- just 1.6% of job seekers moved in the first quarter of 2023, compared to 45% in 1986. CBS MoneyWatch associate managing editor Irina Ivanova explains the possible reasons behind the shift.
Growing concerns about California's cannabis industry
Some shops are saying they are facing an extinction event.
Santa Clara bucks the trend of shrinking Bay Area cities with population spike
Over the past three and a half years or so, the majority of cities across the Bay Area have seen population declines. But in the South Bay city of Santa Clara, that's not the case.
Small businesses in downtown San Francisco hanging on as more corporations leave
As Nordstrom becomes the latest corporation to pull up stakes in downtown San Francisco to search for greener pastures, small businesses trying to survive often don't have that luxury. Jose Martinez reports on one such business.
Gary Cohn on First Republic's likely sale
Gary Cohn, the former top economic adviser in the Trump White House and who is now vice chairman of IBM, tells "Face the Nation" that he believes the impending sale of troubled bank First Republic "will be a much faster process" than what happened with Silicon Valley Bank. But he says this is a "seismic moment" for the American people and whether they trust their banks.
Bed Bath & Beyond files for bankruptcy protection
Mired in a prolonged sales slump, the retail chain has struggled to attract customers both in stores and online.
After multiple cuts, Tesla raises price for older models
After cutting U.S. vehicle prices four times this year, Tesla raised the cost overnight on its slow-selling more expensive models.
Pop-up program hopes to fill downtown San Francisco's vacancies
With a growing number of vacant storefronts in downtown San Francisco, the City's Office of Economic and Workforce Development and non-profit SF New Deal have launched a new initiative called "Vacant to Vibrant," with a hope of re-energizing the neighborhood with pop-up experiences.
Fed official: Bank rules under review in wake of SVB failure
The Federal Reserve's bank supervisors informed Silicon Valley Bank's management as early as the fall of 2021 of risks stemming from its unusual business model, a top Fed official said, but the bank's managers failed to take the steps necessary to fix its problems.
Farms that haven't flooded from storms still facing harvesting challenges
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.
Fed official: SVB mismanagement was main cause of bank's failure
The nation's top financial regulator is asserting that Silicon Valley Bank's own management was largely to blame for the bank's failure earlier this month and says the Federal Reserve will review whether a 2018 law that weakened stricter bank rules also contributed to its collapse.
Analysts react to Silicon Valley Bank failure
Team coverage of the shocking bank failure which has rocked the Bay Area tech community. Anne Makovec and Elizabeth Cook report. (3-10-23)
What's the state of the tech industry?
Mark Lehmann, CEO of JMP Securities, a Citizens Company, joined CBS News on Friday to discuss the state of the tech industry and the U.S. economy after the closing bell on Wall Street.
Used car prices fall but supply remains limited
Although used-car prices are finally coming down, small dealerships are still struggling to meet demand. Kenny Choi reports. (2-17-23)
S.F. deli owner hopes mayor's plan to revitalize downtown succeeds
Sammy's on Second St. is one of the few remaining delis in San Francisco's financial district. It was hit hard during the pandemic and still hasn't fully recovered. Lauren Toms reports. (2-9-23)
President Biden hits road to promote economic plan the day after State of the Union
Nicole D'Antonio reports on President Biden speaking to union workers about the economy after a sometimes heated State of the Union address (2-8-2023)
2023 gas prices expected to decline after last year's historic high
2022 proved to be a record year at the gas pump. While 2023 is just getting started, some experts believe there won't be as much pain at the pump.
Biden, McCarthy to have debt limit meeting
House Speaker Kevin McCarthy said Friday he has accepted an invitation from President Biden to meet and discuss the standoff over raising the debt ceiling. Megan Greene, a senior fellow at Brown University, and global chief economist at Kroll, joined CBS News to discuss the far-reaching impact of the stalemate.
Workers at Macy's flagship San Francisco store go on pre-Christmas strike
Last-minute shoppers in San Francisco's Union Square are likely to run into picket lines at Macy's Friday due to a strike by employees at the store.
Workers at Macy's flagship store go on pre-Christmas strike
Elizabeth Cook reports on employees at the San Francisco Macy's store going on strike until Christmas Eve (12-23-2022)
Stocks plummet as good economic news fuels interest-rate fears
Wall Street loses its gains from the last two days, as reports show better-than-expected data on economy.
Small business owners still struggling as holiday shoppers spend less
Da Lin reports on holiday shoppers looking for bargains ahead of Christmas (12-18-2022)
CBS News Bay Area — Watch Live 24/7
Latest News
Apple expected to unveil a sleek, pricey VR headset at developers conference
Apple appears poised to unveil a long-rumored headset that will place its users between the virtual and real world.
Man dies in early morning San Jose stabbing; Woman in custody
A man died after being stabbed in San Jose Sunday morning and a female suspect is in custody for homicide, according to police.
Neighbors struggle to make sense of tragic killing spree in San Jose
Two days after a deadly South Bay rampage took the lives of three victims, residents and authorities continue to ask questions about why it happened.
China defends intercepting U.S. destroyer in Taiwan Strait
China's vessel overtook the U.S. ship and then veered across its bow at a distance of 150 yards in an "unsafe manner," according to the U.S. Indo-Pacific Command.
Update: Police arrest 3 teens in San Mateo High incidents; firearm seized
Three teenagers were arrested after fights at San Mateo High School on Friday, one involving a knife, police said.
Latest Stories
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Apple expected to unveil a sleek, pricey VR headset at developers conference
Apple appears poised to unveil a long-rumored headset that will place its users between the virtual and real world.
Man dies in early morning San Jose stabbing; Woman in custody
A man died after being stabbed in San Jose Sunday morning and a female suspect is in custody for homicide, according to police.
Neighbors struggle to make sense of tragic killing spree in San Jose
Two days after a deadly South Bay rampage took the lives of three victims, residents and authorities continue to ask questions about why it happened.
China defends intercepting U.S. destroyer in Taiwan Strait
China's vessel overtook the U.S. ship and then veered across its bow at a distance of 150 yards in an "unsafe manner," according to the U.S. Indo-Pacific Command.
Update: Police arrest 3 teens in San Mateo High incidents; firearm seized
Three teenagers were arrested after fights at San Mateo High School on Friday, one involving a knife, police said.
SF & Peninsula News
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Update: Police arrest 3 teens in San Mateo High incidents; firearm seized
Three teenagers were arrested after fights at San Mateo High School on Friday, one involving a knife, police said.
Mock funerals mark Bay Area protests over reduced transit funding
Public transit advocates are staging a last-ditch effort to get the state to support bus and train systems in the Bay Area to keep them from running out of money.
Hundreds turn out for Pacifica Pride celebration
On this first weekend of Pride, hundreds Coastside came out to show just that.
2 Coastside crashes give emergency crews a busy morning
A crash in El Granada Saturday sent a car off the road, hitting a house and injuring 2; later, a car rolled over farther south on Hwy 1, prompting Cal Fire to tweet a caution to slow down while driving along the coast.
CHP seeks witnesses to Highway 280 shooting in Daly City
The California Highway Patrol is seeking witnesses to a shooting on Interstate Highway 280 in Daly City.
East Bay News
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Mock funerals mark Bay Area protests over reduced transit funding
Public transit advocates are staging a last-ditch effort to get the state to support bus and train systems in the Bay Area to keep them from running out of money.
Danville police chase leads to fiery crash; Injured occupants rescued from burning vehicle
A police chase in Danville early Saturday morning led to a fiery crash which injured five people, authorities said.
18-year-old sentenced to 7 years for San Lorenzo road rage fatal shooting
An 18-year-old man was sentenced to seven years in juvenile detention in a 2022 San Lorenzo shooting death, the Alameda County Sheriff's Office said Friday.
Oakland police seek suspect connected to shooting of 4-year-old girl
Police in Oakland released a photo Friday of a suspect allegedly connected to a shooting that injured a 4-year-old girl in the city earlier this week.
Pajaro school district superintendent to leave for Stockton
The superintendent of a school district in Monterey County is leaving to take a similar job with the Stockton Unified School District.
South Bay News
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Man dies in early morning San Jose stabbing; Woman in custody
A man died after being stabbed in San Jose Sunday morning and a female suspect is in custody for homicide, according to police.
Neighbors struggle to make sense of tragic killing spree in San Jose
Two days after a deadly South Bay rampage took the lives of three victims, residents and authorities continue to ask questions about why it happened.
Neighbors mourn elderly couple struck dead in South Bay rampage
People stopped by a makeshift memorial in San Jose Friday to remember a Vietnamese couple killed Thursday when they were struck by a carjacked vehicle during a deadly South Bay crime rampage.
71-year-old Monterey man found guilty of molesting 3 children
A 71-year-old Monterey man was found guilty of molesting three children in a two-year period, beginning when one was under the age of 10.
Witnesses to South Bay rampage recount terrifying scene that left couple dead
Neighbors of two of the victims who died in Thursday's crime spree were reeling Friday from the senseless attack that hit so close to home.
North Bay News
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Elderly Marin County man's death investigated as suspicious
The death of an 83-year-old San Geronimo Valley man is being investigated and is described as "suspicious," law enforcement officials said.
4.5 earthquake hits near Healdsburg, felt across North Bay
An earthquake with 4.5 magnitude struck in Sonoma County sabout 13 miles north-northeast of Healdsburg early Saturday.
As weather warms, Santa Rosa prepares for Monday start of fire season
The Santa Rosa Fire Department will declare the start to fire season on Monday to be able to enforce weed-abatement ordinances.
Hidden boating community in Sausalito battles ever-changing tides
Residents in the tiny floating community of Galilee Harbor in Sausalito are facing real-world challenges to its cherished way of life.
Scientific Sausalito seafood seller tracks every fish from catch to can
At one Bay Area seafood company, the mercury content of each individual fish is measured to make sure what goes in the can is safe to consume.
Sports
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Alex Cobb dazzles and Wilmer Flores provides 2-run single as Giants beat Orioles 4-0
Alex Cobb struck out seven over 7 2/3 scoreless innings to bounce back from his worst outing of the season, Wilmer Flores hit a two-run single and also doubled among his three hits and the San Francisco Giants beat the Baltimore Orioles 4-0.
Arraez leads Marlins to 12-1 rout over A's
Luis Arraez had a career-high five hits and five RBIs and the Miami Marlins beat the Oakland Athletics 12-1 on Saturday.
Orioles edge Giants; Wade swats 100th splash hit into McCovey Cove
Gunnar Henderson hit a go-ahead homer in the seventh as Baltimore beat San Francisco 3-2 on Friday night after LaMonte Wade Jr. punched a home run into McCovey Cove, the 100th splash hit in Giants history.
Sánchez homers in Marlins' 4-0 win over A's
Edward Cabrera struck out 10 in six innings and the Miami Marlins beat the Oakland A's 4-0 on Friday night.
49ers defensive end Drake Jackson looks to build off 'humbling' rookie season
Drake Jackson's promising rookie season for the San Francisco 49ers had a disappointing finish that has provided the fuel for his offseason.
Bay Area Crime
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Man dies in early morning San Jose stabbing; Woman in custody
A man died after being stabbed in San Jose Sunday morning and a female suspect is in custody for homicide, according to police.
Neighbors struggle to make sense of tragic killing spree in San Jose
Two days after a deadly South Bay rampage took the lives of three victims, residents and authorities continue to ask questions about why it happened.
Update: Police arrest 3 teens in San Mateo High incidents; firearm seized
Three teenagers were arrested after fights at San Mateo High School on Friday, one involving a knife, police said.
Police arrest suspect in Florida's Hollywood Beach shooting
The Hollywood Police Department has also issued arrest warrants for two other suspected gunmen.
CHP seeks witnesses to Highway 280 shooting in Daly City
The California Highway Patrol is seeking witnesses to a shooting on Interstate Highway 280 in Daly City.
Technology
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Apple expected to unveil a sleek, pricey VR headset at developers conference
Apple appears poised to unveil a long-rumored headset that will place its users between the virtual and real world.
Campolindo High alum creates new tool to combat California wildfires
A downside to the incredible amount of rain from the winter storms -- and beautiful green growth that came after -- is the increased quantity of fuels for wildfires.
Netflix shareholders reject sky-high executive pay packages
Netflix shareholders have rejected multi-million dollar pay packages for the company's top executives including for co-CEOs Ted Sarandos and Greg Peters.
How to protect your home security camera from hackers
It's important to practice good "cyber hygiene" to prevent hackers, and even employees, from accessing sensitive information.
Amazon to pay $31 million for Alexa voice assistant and Ring camera privacy violations
Amazon has agreed to pay a $25 million civil penalty to settle Federal Trade Commission allegations it violated a child privacy law and deceived parents by keeping for years kids' voice and location data recorded by its Alexa voice assistant.
Health
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Spike in tranq-laced fentanyl overdose deaths has Sonoma County officials on alert
An alert has gone out to Sonoma County residents after a rash of fentanyl overdose deaths in just one week.
Former first lady Rosalynn Carter has dementia, family announces
Former first lady Rosalynn Carter's dementia diagnosis was announced as former President Jimmy Carter continues to receive hospice care.
Musk startup says it's been cleared to test brain implants in humans
Musk said the company would try to use the implants to restore vision and mobility in humans who had lost such abilities.
San Francisco seeks more ideas on fighting fentanyl crisis following chaotic forum
San Francisco was supposed to have a public discussion about the fentanyl crisis on Tuesday. It ended in chaos and with someone throwing a brick at city officials. So what comes next?
Jennifer Siebel Newsom issues new report social media's impact on youth
First Partner Jennifer Siebel Newsom unveiled a new report that shows the correlation between social media use and youth mental health.
Politics
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16 migrants taken from Texas and dropped off outside Diocese of Sacramento
Activists say more migrants were dropped off in Sacramento in another apparent salvo from red states trying to highlight the crisis at the US-Mexico border.
Biden signs deal to lift debt ceiling
President Biden Saturday signed a bipartisan bill that will suspend the nation's debt ceiling and avoid what could have been a catastrophic government default. Christina Ruffini has more.
Biden signs debt ceiling bill that pulls U.S. back from brink of default
With just two days to spare, President Joe Biden has signed legislation that lifts the nation's debt ceiling.
VP Harris to be a "leading voice" on gun violence heading into 2024
The Biden-Harris campaign plans to make addressing gun violence a key focus of President Biden's reelection effort.
Biden on debt ceiling deal to avoid default: "This is vital"
The president spoke less than 24 hours after the Senate approved the agreement in a bipartisan vote.
LGBTQ+
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Hundreds turn out for Pacifica Pride celebration
On this first weekend of Pride, hundreds Coastside came out to show just that.
LGBTQ initiatives met with backlash, protests
June is Pride month, a celebration of LGBTQ life. But after years of hard-won civil rights gains for the LGBTQ+ community, there is a backlash that includes violence and tests of corporate commitment. Elise Preston has more.
CBS News Bay Area Thursday 3 pm
Reed Cowan and Ryan Yamamoto kick off KPIX coverage of Pride Month, live from San Francisco's Castro District
All-Asian San Francisco drag troupe the Rice Rockettes wary as LGBT intimidation spreads
An all Asian-American drag troupe says the recent rise in anti-drag sentiment -- including an attack on one of their own -- has made them extremely cautious about where and when they perform.
Bay Area cities, groups beginning celebration of Pride month
June 1 marks the beginning of Pride month and Bay Area cities and groups were showing their rainbow colors to celebrate and support the LGBTQ+ community.
Entertainment
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No strings attached: Robot puppet singing Vanessa Carlton song hits all the right notes
Over two decades after songwriter Vanessa Carlton scored a huge hit with "A Thousand Miles," a creative team has made a robot puppet of the singer and recreated the song's video on the streets of San Francisco.
Brilliant Brazilian musician Hermeto Pascoal brings rare tour to UC Theatre
Jazz Is Dead presents a rare performance of otherworldly Brazilian genius Hermeto Pascoal at the UC Theatre Sunday night.
San Francisco doom band Acid King celebrates new album at Great American
Celebrated San Francisco doom metal outfit Acid King plays its first hometown show since 2019, performing tunes from the band's latest effort 'Beyond Vision' at the Great American Music Hall Saturday night.
Tupac Shakur to be honored with star on Hollywood Walk of Fame
Shakur's sister, Sekyiwa "Set" Shakur, will accept the honor on the artist's behalf on June 7 on Hollywood Boulevard.
Danny Masterson convicted on two counts of rape
A Los Angeles jury Wednesday has found "That '70s Show" actor Danny Masterson guilty of two counts of forcible rape.
Our Stories Define Us
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VR 360 View: The high-stakes world of San Francisco's bar pilots
Every day, San Francisco bar pilot Captain Zach Kellerman goes through what might just be the world's most dangerous commute.
Banko Brown's father speaks out about his killing; 'Like an old lynching'
The father of Banko Brown, the man shot dead by a security guard at a San Francisco Walgreens store, spoke publicly about the killing for the first time Wednesday after retaining civil rights attorney John Burris.
VR 360 View: Devastating wildfire compels family to adopt a new lifestyle among the Redwoods
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.
Long-lost photos of Japanese Americans provide poignant glimpse into NorCal history
A chance discovery of a box of photos in a Yuba County storage locker is giving people a unique insight into their community after local historians took it upon themselves to document an important moment in time.
Dark moments on Golden Gate Bridge led to life transforming medical procedure
You never know what life is going to throw in your path. Just ask Debbie Menzies.
Latest Videos
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PIX Now Morning Edition 6-4-23
CBS News Bay Area morning edition headlines for Sunday, June 4, 2023.
First Alert Weather Sunday morning forecast 6-4-23
More mild temps on the horizon for the Bay Area (6-4-2023)
Neighbors struggle to make sense of tragic killing spree in San Jose
Jose Martinez reports on the questions still swirling around the violent and deadly South Bay rampage that left three people dead (6-3-2023)
PIX Now Evening Edition 6-3-23
CBS News Bay Area evening edition headlines for Saturday June 3, 2023. Watch full newscasts streamed at the CBS SF website or on the app. Website: http://kpix.com
Mock funerals mark Bay Area protests over reduced transit funding
Public transit advocates are staging a last-ditch effort to get the state to support bus and train systems in the Bay Area to keep them from running out of money. John Ramos reports. (6-3-23)
Jefferson Awards
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San Francisco woman guides young people to learn job skills and improve self-esteem
This week's Jefferson Award winner is San Francisco woman who's spent the last quarter century training thousands of young people in job preparation skills and self-esteem.
East Bay woman works to reduce homelessness in Berkeley
California makes up about 12 percent of the US population, but our state had nearly a third of the country's homeless last year, according to federal housing data.
Father and son, both rabbis, take care of SoMa's troubled residents
A pair of orthodox rabbis are coming up with some unorthodox ways to serve their South of Market neighborhood in San Francisco and beyond.
Alameda man fights climate change with ambitious tree planting initiative
An Alameda man is leading a fight for climate change that challenges each person to do one thing for the environment: plant a tree.
Bayview's Old Skool Cafe continues mission of pulling youth out of cycle of violence
A woman from San Francisco who started a violence prevention program 18 years ago in the Bayview is helping disrupt the cycle of incarceration.
Students Rising Above
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Morehouse College student from SF takes stock of accomplishments and road ahead
Isreal Laviene holds a very special place with us at KPIX 5. In early 2021, we helped connect him to his dream school, Morehouse College in Atlanta.
Travel abroad helps Oakland student realize his own potential
Many of us dream big about life, jobs and travel. Robert Green is living those dreams and more.
Medical student yearning to give back to community that helped shape her
Giving back to others should be a priority for all of us. It is for Jennifer Juarez Yoc, who looks to faith and family as inspiration to serve others.
Leaning on past experiences, Oakland scholar leads the way for workers' rights
Sharit Cárdenas López spent their childhood watching their mother struggle to support a family on less than what many of us spend on luxuries every year.
Onetime scholar, Oakland native overcomes childhood trauma to thrive in business, politics
In 2019, the CDC reported that 60 percent of adults have experienced at least one incident of significant childhood trauma. Bianca Yarborough is one of those adults, but she's turning that pain into positive motivation for helping others.