The U.S. economy is doing even better than the government thought
U.S. consumers spent enough to help drive the economy to a brisk 5.2% annual pace from July through September, the government reported.
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U.S. consumers spent enough to help drive the economy to a brisk 5.2% annual pace from July through September, the government reported.
Meanwhile, pilots at Southwest are poised to follow with the opening a "strike center" in Dallas this week.
Despite falling inflation and near-record employment, polls and surveys show that most Americans hold a glum view of the economy.
For small businesses that were negatively impacted by APEC, the holidays may bring Christmas cheer to cash registers in San Francisco. José Martínez reports. (11-17-23)
Activists protesting corporate profits, environmental abuses, poor working conditions and the Israel-Hamas war marched in downtown San Francisco on Sunday.
San Francisco officials pulled out all the stops leading up to the APEC summit and they're hoping for a big return on that investment. Lauren Toms reports. (11-12-23)
The United States and China are the two global economic heavyweights.
Treasury Secretary Yellen said the U.S. began two days of talks with her Chinese counterpart in San Francisco on Thursday. (11-9-23)
A $2 bill with a red seal can sell for $300 to $2,500. Those with brown or blue seals can sell for hundreds.
As APEC preparations continue before the international summit being held in San Francisco begins next week, residents and business owners around the Moscone Center are wondering how they'll negotiate the heightened security in their neighborhood.
San Francisco's 911 dispatchers are warning city officials about current staffing levels, even after the Department of Emergency Management backed off plans to mobilize dispatchers next month's APEC summit.
Officials in San Francisco are providing advance warning about the traffic and transit impacts expected during the Asia-Pacific Economic Cooperation (APEC) conference next month.
LinkedIn said Monday it is laying off hundreds of workers.
Oil prices rose 5% Friday amid the war between Israel and Hamas. J.D. Durkin, host of "The Street," joins CBS News to discuss what the spike means for U.S. investors.
The United Auto Workers union has significantly escalated its walkout against Detroit Three automakers by going on strike against the largest and most profitable Ford plant in the world.
Seventeen businesses just launched in downtown San Francisco as part of a public-private partnership to boost business amid high office-vacancy rates. Kenny Choi reports. (10-6-23)
Millions of Americans must start repaying their federal student loans again in October, with monthly payments averaging hundreds of dollars.
From picket lines in Hollywood to walkouts against Detroit automakers, it's already been a big year for labor organizing — and behind several major showdowns with enormous companies are some of America's largest unions.
Most fast food workers in California would get a raise next year under a new bill in the state Legislature.
Farmers Insurance says it will lay off 11% of its workforce — about 2,400 employees — as part of a corporate restructuring aimed at increasing its efficiency and long-term profitability.
China's yuan is at a 16-year low and the country appears to be experiencing deflation. Economists say these are signs China could be facing an extended economic downturn. CBS News' Lana Zak has more on what caused this crisis.
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)
