Watch CBS News
California unemployment claims have climbed to their highest levels in nearly three months as surging coronavirus cases halt plans to reopen the economy, and an extra $600 in weekly federal unemployment benefits is set to expire at the end of the week.
San Francisco mayor London Breed told residents there is little time left to get COVID-19 cases under control before we could see another large outbreak.
California experienced strong job growth in June, adding more than a half million jobs to the state's economy as the state began to reopen businesses shut down to stem the spread of COVID-19. Still, business leaders worry the gains could be jeopardized by rising numbers of coronavirus 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.
As Contra Costa County entered Phase II Tuesday, easing restrictions and allowing many retail businesses to open for curbside pickup, a number of shops decided to stay shut down.
As businesses slowly begin to reopen, officials are asking two major questions: how can we afford to open up when the virus is still just as dangerous and how can we afford not to?
House Speaker Nancy Pelosi on Wednesday defended the stunning $3 trillion price tag on Democrats' pandemic relief package as what is needed to confront the "villainous virus" and economic collapse.
Even with the coronavirus pandemic throwing the global economy into disarray, tech stocks in the S&P 500 have been remarkably resilient. They're up 4.1% for 2020.
With new unemployment figures showing 20 million American jobs lost in the month of April alone, KPIX 5 asked two Bay Area experts to explain where the U.S. could be headed at this historic economic moment in time.
Amazon and Netflix continue to do well as coronavirus isolates people in their homes, but many other companies have benefited or may soon.
Governor Gavin Newsom on Monday offered updates on the state's plans to track and trace contacts made by diagnosed cases of COVID-19 and said some low-risk businesses would be able to reopen as early as Friday.
Gov. Gavin Newsom on Friday said a record of almost four million residents in the state have filed for unemployment since the beginning of the coronavirus emergency in March while promising California he would soon be making important moves toward reducing shelter order restrictions.
At least 3.2 million Californians have filed for unemployment since the coronvirus outbreak began with about one in six American workers having lost their jobs in the past five weeks.
San Francisco International Airport looks like ghost town these days as travelers stay home due to the coronavirus stay at home orders.
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.
Bay Area business owners have already made big changes due to the coronavirus pandemic and are willing to make more, but they're not sure how feasible Gov. Newsom's plan to reopen the state is.
The reopening of cities and the return to normal life cannot be rushed and won't happen until a vaccine is available, and that's still at least 12 to 18 months away, experts say. When society reopens, it will be slow and happen in stages.
Congresswoman Barbara Lee talks to BR host Jan Mabry about the coronavirus, its impact on African Americans and communities of color, and the work she's doing on the part of her constituents to ensure their economic recovery.
The COVID-19 pandemic has not only forced many to change their lifestyles but also their careers. With bills left to pay and no income coming in, many in the Bay Area are looking for work.
The San Jose City Council unanimously approved Mayor Sam Liccardo's proposal to place a temporary moratorium on housing evictions for people economically affected by the coronavirus and are having trouble paying their rent.
After two weeks of steady declines, Wall Street was bracing for a steep tumble fueled by coronvirus fears and an oil price war between OPEC countries and Russia at Monday's opening bell as Dow futures shed nearly 1,300 points in overnight trading.
Prices at the pump in the Bay Area could jump at least 10 cents a gallon as a result of this weekend's drone attacks on oil sites in Saudi Arabia.
The Bay Area job market is so robust, it produced more than 40 percent of all jobs created in California during the first half of the year, according to state labor officials.
Apple's World Wide Developers Conference is sure to bring a fresh economic boost to San Jose.
Customers in the South Bay say they're frustrated and confused after the Safeway location that serves as the only major chain grocery store in downtown San Jose prepares to shut down next month.
