Home prices in the U.S. climb to record $416,000
But sales of previously occupied homes have slowed sharply amid higher mortgage rates and rising prices.
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But sales of previously occupied homes have slowed sharply amid higher mortgage rates and rising prices.
The ongoing aluminum can shortage is changing the way some craft breweries are conducting business.
After months of increases, some costs associated with transportation -- namely fuel -- are finally starting to go down.
Skyrocketing inflation is impacting many business sectors, but it is also hitting Bay Area food lovers right in the gut.
After billionaire Elon Musk said that he was abandoning his $44 billion buyout, Twitter vowed to pursue him in court.
The hospitality sector in San Francisco is recovering jobs and the labor market is hot, but a recession may be coming, comments from the city's chief economist and the most recent report from the city Controller's Office reveal.
Investors are monitoring economic data for clues on inflation trajectory, with eye on Friday release of June employment numbers.
California's gas tax will go up just as people hit the road for the holiday weekend. There's a new effort in Sacramento to try to lower prices.
Tourists are already arriving in San Francisco for Pride and local businesses say it's an important boost to the economy. Shawn Chitnis reports. (6-23-22)
Bitcoin fell below the psychologically important threshold of $20,000 on Saturday for the first time since late 2020 in a fresh sign that the selloff in cryptocurrencies is deepening.
One expert warned Friday that a solid California jobs report for May doesn't tell the full story and changing economic factors will likely make for a more challenging hiring environment later this year.
The state saw an increase of nearly 43,000 jobs last month but experts say finding a job is about to get tougher. Shawn Chitnis reports. (6-17-22)
All the major metropolitan areas in the country have seen rent prices jump back to pre-pandemic pricing levels, except for the city by the bay. Andria Borba reports. (6-16-22)
CBS News business analyst Jill Schlesinger talks about impact the Federal Reserve's .75% interest rate hike will have (6-16-2022)
"Inflation is much too high," Fed Chair Jay Powell said of the U.S. central bank's largest rate hike since 1994.
Most stocks on Wall Street dipped Tuesday in their first trading after tumbling into a bear market on worries that high inflation will push central banks to clamp the brakes too hard on the economy.
May figures show inflation rose more than 8%, the highest jump in more than four decades. Sara Donchey reports. (6-10-22)
May surge in consumer prices raises odds that the Fed will continue to sharply hike interest rates.
Tesla shares fell more than 7% on a report the CEO is considering layoffs over a "super bad feeling" about the economy.
As the San Francisco economic rebound continues, business travel is finally beginning to come back to life. Max Darrow reports. (5-19-22)
Made worse by a sharp drop in business-related bookings, hotels in San Francisco are on pace to see a $1.7 billion decline in revenue. Kenny Choi reports. (5-5-22)
It took fire crews 24 hours to extinguish the dock fire in Benicia. Now the port and the companies that use it are taking stock of the possible economic impact.
A new study by U.C. Berkeley's Terner Center for Housing Innovation found that middle-income earners in the Bay Area represent a shrinking share of the homebuying market compared to a decade ago.
A range of economic indicators for San Francisco points to good news and a strong recovery from the effects of the omicron variant of COVID-19, according to a monthly report by the city controller's office.
A plan to invest millions into refurbishing the Mare Island dry dock could lead to hundreds of new jobs in the East Bay, officials said Wednesday.
Officials in San Mateo County are the latest in the Bay Area to warn residents to not forage for wild mushrooms, amid a rise in mushroom poisonings that have led to illnesses and even deaths.
The number of ICE detainees exceeded 70,000 for the first time in the deportation agency's 23-year history, according to internal DHS data obtained by CBS News.
Curtis International is recalling an additional 330,000 Frigidaire-brand minifridges to an existing recall after reports of the product catching fire.
A homicide suspect accused of a deadly shooting in San Pablo has been arrested after nearly a year on the run, officials said.
Jimmy Butler had 32 points and eight rebounds, Stephen Curry warmed up in the second half to finish with 27 points and seven assists, and the Golden State Warriors beat the New York Knicks 126-113 on Thursday night.
Officials in San Mateo County are the latest in the Bay Area to warn residents to not forage for wild mushrooms, amid a rise in mushroom poisonings that have led to illnesses and even deaths.
The number of ICE detainees exceeded 70,000 for the first time in the deportation agency's 23-year history, according to internal DHS data obtained by CBS News.
Curtis International is recalling an additional 330,000 Frigidaire-brand minifridges to an existing recall after reports of the product catching fire.
A homicide suspect accused of a deadly shooting in San Pablo has been arrested after nearly a year on the run, officials said.
A pair of crafty thieves was caught on surveillance video making off with a large bronze ram that sat outside the KUIU headquarters in Dixon for nearly a decade.
Officials in San Mateo County are the latest in the Bay Area to warn residents to not forage for wild mushrooms, amid a rise in mushroom poisonings that have led to illnesses and even deaths.
A man was convicted of involuntary manslaughter and acquitted of murder in the 2021 killing of Vicha Ratanapakdee, an 84-year-old San Francisco man killed in an unprovoked attack that helped galvanize a national anti-Asian hate movement.
The new name will apply to Music Concourse Drive between JFK Promenade and Martin Luther King Jr. Drive, directly adjacent to the Academy of Sciences, where Claude welcomed millions of guests during his 17 years at the museum.
The Bay Area's Spare the Air alert has been extended to at least Saturday as a high-pressure system is expected to hang around and impact air quality.
Protesters gathered outside the Veterans Administration hospital in San Francisco, including health care workers and their veteran patients, protesting a plan to eliminate thousands of unfilled positions in the VA healthcare system.
A homicide suspect accused of a deadly shooting in San Pablo has been arrested after nearly a year on the run, officials said.
Three people were arrested Thursday afternoon following a helicopter-tracked pursuit tied to a shooting investigation in Oakland, police said.
The Bay Area's Spare the Air alert has been extended to at least Saturday as a high-pressure system is expected to hang around and impact air quality.
Oakland's John Waters-hosted music festival has announced its full lineup for its 2026 edition, with a rock legend getting top billing.
Oakland officials said they have been placed at the most dangerous stretches of road in the city.
From the California coast, you can see a lot of surfers. It's not so easy to see a blue whale. However, at UC Santa Cruz, you can walk right up to a legendary blue whale, or at least its skeleton.
A wayward sea lion pup is now in the care of the Marine Mammal Center after it wandered into Mountain View last week.
The Bay Area's Spare the Air alert has been extended to at least Saturday as a high-pressure system is expected to hang around and impact air quality.
Nearly three weeks after severe winds damaged an iconic observatory in the mountains near San Jose, crews are still focused on emergency mitigation efforts.
A small earthquake shook the South Bay area on Thursday morning.
The Bay Area's Spare the Air alert has been extended to at least Saturday as a high-pressure system is expected to hang around and impact air quality.
A man serving life in prison for a deadly gang shooting in Southern California has died following an altercation with another inmate at a prison in Solano County, officials said.
One Clearlake family said, considering how long it took to stop the leak, they don't have a lot of faith in the district, and that when the cleanup is completed, they will be hiring an independent company to test the neighborhood wells before using the water again.
San Rafael plans to build a shelter for people who are homeless, about 70 small cabins, using a Housing First approach. The model is built on the idea that for people living on the streets and battling addiction, it's hard to get sober without a place to live.
Residents say that what could replace an empty office building, which sits off the 101 Freeway in San Rafael at 700 Irwin Street, will worsen already heavily congested traffic.
Jimmy Butler had 32 points and eight rebounds, Stephen Curry warmed up in the second half to finish with 27 points and seven assists, and the Golden State Warriors beat the New York Knicks 126-113 on Thursday night.
Seahawks QB Sam Darnold injured his left oblique during Thursday's practice and was listed as questionable for Saturday's NFC divisional playoff game against the 49ers, but he said he's confident he'll play.
San Francisco's star linebacker Fred Warner is out for the 49ers' playoff game against Seattle.
FIFA says it has received over 500 million ticket requests for 2026 World Cup matches in the U.S., Canada and Mexico— with prices as high as $8,680.
Head coach Kyle Shanahan stated that the goal is for Warner to return "next week," referencing a potential NFC Championship Game if the 49ers were to advance past the Seattle Seahawks on Saturday.
A homicide suspect accused of a deadly shooting in San Pablo has been arrested after nearly a year on the run, officials said.
A pair of crafty thieves was caught on surveillance video making off with a large bronze ram that sat outside the KUIU headquarters in Dixon for nearly a decade.
Three people were arrested Thursday afternoon following a helicopter-tracked pursuit tied to a shooting investigation in Oakland, police said.
A man was convicted of involuntary manslaughter and acquitted of murder in the 2021 killing of Vicha Ratanapakdee, an 84-year-old San Francisco man killed in an unprovoked attack that helped galvanize a national anti-Asian hate movement.
Two suspects connected to the vehicle break-ins at Manteca's Great Wolf Lodge were arrested while walking out of Placer County court for their alleged involvement in a similar crime in Roseville, police said on Thursday.
Verizon says it's giving a $20 credit to customers affected an outage that disrupted service across the U.S.
Grok faces mounting scrutiny from government officials and advocacy groups after people used the AI chatbot to create sexualized images of minors and women.
Mother of Colorado man who committed suicide in 2025 alleges that OpenAI's AI chatbot told him death was a "beautiful place."
Defense Secretary Pete Hegseth says the Pentagon will start using Elon Musk's AI chatbot Grok. The word comes days after Grok drew global outcry for generating highly sexualized deepfake images.
Kaiser Permanente has reached a lawsuit settlement over alleged patient data breaches involving Kaiser websites and mobile applications, with members eligible to receive a payment from a $46 million settlement fund, the health care giant announced.
Officials in San Mateo County are the latest in the Bay Area to warn residents to not forage for wild mushrooms, amid a rise in mushroom poisonings that have led to illnesses and even deaths.
The Bay Area's Spare the Air alert has been extended to at least Saturday as a high-pressure system is expected to hang around and impact air quality.
Kaiser Permanente has reached a lawsuit settlement over alleged patient data breaches involving Kaiser websites and mobile applications, with members eligible to receive a payment from a $46 million settlement fund, the health care giant announced.
Several East Bay hospitals that serve Alameda County's most vulnerable residents have issued layoff notices to staff, citing major federal cuts to Medicaid that administrators say will significantly affect their finances.
Officials said there were 35 cases of wild mushroom poisoning across California between Nov. 18 and Jan. 4. In an average year, fewer than five cases of wild mushroom poisoning occur statewide, according to Sonoma County health officials.
The number of ICE detainees exceeded 70,000 for the first time in the deportation agency's 23-year history, according to internal DHS data obtained by CBS News.
A construction controversy is building over the massive Sites Reservoir that could help solve California's water-storage problem.
President Trump is threatening to invoke a centuries-old law to deploy troops to Minnesota. Here's what to know.
Protesters gathered outside the Veterans Administration hospital in San Francisco, including health care workers and their veteran patients, protesting a plan to eliminate thousands of unfilled positions in the VA healthcare system.
The Oakland City Council discussed how to keep the city's watch party event safe and how to help out in Santa Clara during the Super Bowl.
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.
Oasis nightclub announced plans to close six months ago. New Year's Eve was slated for the final performance. A last-minute, multi-million dollar donation turned the final curtain call into an encore performance.
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.
The livestream unfolded with his team from LaRussell's garage, where he connected with fans through Instagram Live. During the broadcast, one woman shared that she was facing eviction. LaRussell covered the exact amount she needed to remain in her home.
Scott Adams, the cartoonist who created the "Dilbert" comic strip, has died at the age of 68, his first ex-wife revealed on Tuesday.
From historic wins to powerful speeches, here are the highlights and most memorable moments from the 2026 Golden Globes.
Here is everything you need to know about how to watch and stream the 2026 Golden Globes.
The San Francisco Grateful Dead community is coming together after it was announced that one of the founding members, Bob Weir, has died at the age of 78.
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.
Expect clear conditions throughout the Bay Area on Friday, with highs in the 50s and 60s, but air quality will continue to be a concern. The dry trend is expected to continue through the weekend and into next week. Jessica Burch has the forecast.
A man was convicted of involuntary manslaughter and acquitted of murder in the 2021 killing of Vicha Ratanapakdee, an 84-year-old San Francisco man killed in an unprovoked attack that helped galvanize a national anti-Asian hate movement.
From the California coast, you can see a lot of surfers. It's not so easy to see a blue whale. However, at UC Santa Cruz, you can walk right up to a legendary blue whale, or at least its skeleton.
New details have emerged in the gas explosion in Hayward last month.
Leptospirosis is a bacterial infection that can be deadly to dogs and, in rare cases, humans.
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.