Mortgage rates surge to highest level since 2000
Interest rates for a home loan are continuing to soar, driving many aspiring property owners out of the market.
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Interest rates for a home loan are continuing to soar, driving many aspiring property owners out of the market.
Oregon has ended a decades-old ban on self-serve gasoline.
Inflation has cooled in recent months and the unemployment rate remains low. Still, a CBS News poll has found that most Americans are pessimistic about the economy. Mark Strassmann takes a look. Read more here.
Amanda Starrantino talks to CBS News business analyst Jill Schlesinger about a newly economic report and impacts of the latest interest rate hike (7-27-2023)
Although inflation has slowed sharply, Fed officials are again tapping the brakes to ensure the economy slows.
U.S. Treasury Secretary Janet Yellen, who is in Beijing for meetings with top Chinese officials and American companies that do business in the country, said the U.S. welcomes healthy economic competition with China, but only if it's fair. CBS News' Elizabeth Palmer reports.
The U.S. added 209,000 jobs in June, according to the latest numbers from the Labor Department, a sign that the job market could be cooling, some economists said. However, the unemployment rate dropped slightly to 3.6% as President Biden took a different tone, saying the report indicates steady growth. Natalie Brand has more.
Hiring reflects a sharp slowdown compared with May, reflecting economic headwinds facing some businesses.
A number of large Bay Area companies are moving employees away from remote work toward more time back in the office.
While the office market is down, it's not completely dormant and some see a rebound on the horizon, along with big changes for downtown San Francisco. Wilson Walker reports. (6-16-23)
With tech layoffs and some people still working from home, office vacancy rates in San Francisco went from a historic low of about 5% before the pandemic to a record high of almost 30% in just a matter of three years.
After 10 straight interest-rate hikes, borrowers face sharply higher costs for credit cards, mortgages and other loans.
With inflation finally falling from last year's record highs, the Federal Reserve declined to raise key interest rates for the first time in 15 months. Natalie Brand reports on how the move will affect consumers and whether we could see more rate hikes in the future.
Lezla Gooden reports on visitors surprised to hear about Westfield's plans to leave namesake SF shopping center (6-12-2023)
Salt Lake City has the largest share of Gen Zers trying to get a foothold in the housing market, according to a new report from LendingTree. CBS MoneyWatch's Megan Cerullo has more on what the report said about homebuying trends for Generation Z.
The Saudi cut of 1 million barrels per day comes as the other OPEC+ producers agreed to extend earlier production cuts through next year.
The U.S. averted disaster by raising the debt ceiling, but a mild recession is still possible even as job numbers remain hot, according to the head of Bank of America. Mark Strassmann breaks down how the U.S. economy is doing.
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.
Nevada lawmakers questioned whether a proposal to subsidize a new MLB stadium with tax credits and bonds would further jolt Las Vegas' economy.
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.
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.
Some shops are saying they are facing an extinction event.
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.
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, 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.
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.
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.
San Francisco's star linebacker Fred Warner is out for the 49ers' playoff game against Seattle.
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.
Oakland's John Waters-hosted music festival has announced its full lineup for its 2026 edition, with a rock legend getting top billing.
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.
The JP Morgan Healthcare Conference brings thousands of people to the city, from investors to innovators to executives and more. For many of the attendees, the city is making a good impression, whether it is a first or a new one.
With the 2026 J.P. Morgan Healthcare Conference in San Francisco this week, experts have released new data citing that women's healthcare generated $100 billion since 2000.
Supervisor Alan Wong attempted to get support for a ballot measure to reopen the Great Highway to vehicles, but that plan fell apart on Tuesday.
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.
An East Bay woman has found a way to offer dignity and comfort for some 600 foster children in Contra Costa County.
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.
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.
Police said the 15-year-old girl was walking to school when the suspect approached her, pulled her into his vehicle, and sexually battered her.
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.
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.
The U.S. Trademark Office is rejecting the A's request to trademark the "Sacramento Athletics" name.
Oakland officials said they have been placed at the most dangerous stretches of road in the city.
Police said the 15-year-old girl was walking to school when the suspect approached her, pulled her into his vehicle, and sexually battered her.
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.
Four people suspected in a jewelry store heist in the East Bay city of Fremont last year have been indicted on federal charges, prosecutors said.
Officials in the city of Oakland on Wednesday announced the launch of more than a dozen speed cameras throughout the city, saying speeding drivers would initially be issued warnings.
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.
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.
This week, the U.S. Centers for Disease Control and Prevention (CDC) issued new vaccination guidelines and now, some western states are telling people they're too dangerous to follow.
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 State Department announced it will stop giving out visas to nationals of dozens of countries who are seeking to move to the U.S. permanently.
A panel for the U.S. Central District Court of California ruled Democrats can proceed in using their redrawn congressional maps for the 2026 midterm elections.
Two Republicans switched their votes after pressure from the White House.
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.
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.
Andrea Nakano reports on the city of Oakland installing 18 speed cameras throughout the city. 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
John Ramos reports on veteran's and the Veteran Affairs health care system. 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
Max Darrow reports on the first major conference of 2026 in San Francisco. 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
Sooji Nam reports on a recent study that states women's health care has generated $100 billion since 2000. 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
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.