U.S. added 303,000 jobs in March, surging past economic forecasts
Wall Street is closely watching the jobs report and next week's inflation data to predict when the Fed might cut rates.
Watch CBS News
Wall Street is closely watching the jobs report and next week's inflation data to predict when the Fed might cut rates.
The highest state minimum wage for fast food workers in the country will go into effect Monday in California. Jeff Nguyen takes a look at the possible impacts.
California's unemployment rate is now the highest in the country.
The National Association of Realtors, which represents more than a million real estate agents nationwide, settled a number of lawsuits Friday. One of the conditions of the agreement is that rules on commissions for agents brokering a home sale will be eliminated, meaning that the standard 5% to 6% commission rate could be gone as soon as this summer.
A restaurant owner in San Francisco's Mission District responded to concerns from a customer about the rising cost of one of the burritos on his menu, which has spiked to $22.
CBS News Business Analyst Jill Schlesinger speaks with Nicole Zaloumis on February’s results and describes how the overall economy is doing. (03-07-2024) Website: http://kpix.com/ YouTube: http://www.youtube.com/CBSSanFrancisco Facebook: https://www.facebook.com/CBSSanFrancisco Instagram: https://www.instagram.com/kpixtv/ Twitter: https://twitter.com/KPIXtv
Americans can expect ebbing inflation and a strong job market this year, according to the National Association for Business Economics.
While inflation has shown signs of cooling, mortgage rates and home prices are still stubbornly high, making it challenging for many Americans to buy homes. Elise Preston reports.
Undergraduate student workers at California State University have voted to join a union to negotiate better pay, sick time, and other benefits with the university.
Crawfish are a Southern delicacy that are always in high demand - but this year, they're in short supply. The crustaceans are hard to find right now due to a devastating drought in the region, and that's hurting a lot of wallets in Louisiana. Janet Shamlian reports.
UPS will lay off 12,000 workers and says it is ordering employees to return to the office five days a week.
2024 has already proven to be a difficult year for layoffs, with a number of companies -- including several that are based in the Bay Area -- making significant job cuts in recent weeks, bringing uncertainty for workers across industries.
The U.S. economy ended 2023 with stronger than expected growth, the Commerce Department reported Thursday. However, it's been a tale of two economies for many Americans. Nikki Battiste explains.
San Francisco-based Levi Strauss & Co. says that it's slashing its global corporate workforce by 10% to 15% in the first half of the year.
More than 30,000 professors, librarians, plumbers, electricians and other workers in the California State University system have launched a weeklong strike.
Faculty at California State University could stage a systemwide strike later this month after school officials ended contract negotiations with a unilateral offer of a 5% pay raise, far below what the union is demanding.
Economic views are still tough, but they've improved as more report lower gas prices.
Workers in some jobs, including many who are self-employed, enjoyed double-digit wage gains last year. Here's who got the biggest pay bumps.
This year's robust stock market performance defied analysts' predictions as investors cheered prospects of lower interest rates and inflation.
President Biden left the White House for Camp David on Saturday, as his administration and Congress leave the capital this year with unfinished priorities, and Americans feeling uncertain about the economy. Willie James Inman reports from Washington.
The U.S. economy continues to show strong growth, with inflation and mortgage rates dipping and gas prices dropping. The Dow Jones Industrial Average hit an all-time high Friday. However, economists say not everyone is feeling optimistic. Michael George reports.
An Oakland neighborhood determined not to let fears over crime ruin the holiday season is rolling out the welcome mat to shoppers with the city's new "Find it in Fruitvale" campaign.
The monthly report signals hiring remains stronger than many economists had forecast, while the jobless rate dipped to 3.7%.
After more than two years of price hikes, consumers are finally getting breaks on some items. That could help push inflation closer to 2%.
California State University faculty are launching four days of strikes at campuses across the state for better pay and benefits starting Monday.
