DraftKings hopes to score big with new prediction markets app
Sports betting companies face mounting competition from rapidly growing prediction markets such as Kalshi and Polymarket.
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Sports betting companies face mounting competition from rapidly growing prediction markets such as Kalshi and Polymarket.
With open enrollment starting soon, employees could get sticker shock, with their costs expected to rise 6% to 7% for 2026, a new study says.
Sharp drop in closely watched consumer sentiment gauge marks the biggest monthly decline in confidence in more than four years.
As Trump claims the U.K. Labour Party is meddling in the U.S. election, CBS News takes stock of foreign agent political donations, and who's behind them.
A Bankrate survey found that one-third of Americans say they're living paycheck to paycheck and have little money for savings.
CBS News Business Analyst Jill Schlesinger joins to discuss where the numbers are at and how Summer is the best time to examine your finances for ways to save. For more analysis, go to www.jillonmoney.com. (06-25-2024) 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
The Dow Jones Industrial Average hit 40,000 points for the first time Thursday. Well-known brands like Goldman Sachs, Microsoft and United Health fueled the latest milestone. CBS News contributor J.D. Durkin joins "The Daily Report" to discuss what the record mark suggests about the economy.
Robust corporate profits and steady U.S. economic growth are driving stocks to record highs.
A Vietnam court sentenced developer Truong My Lan to death for swindling billions from a bank, saying she "eroded people's trust" in the ruling Communist Party.
CBS News business analyst Jill Schlesinger breaks down governments the report on personal income and spending. For more analysis, go to www.jillonmoney.com. (02-29-2024) Website: http://kpix.com/ YouTube: http://www.youtube.com/CBSSanFrancisco Facebook: https://www.facebook.com/CBSSanFrancisco Instagram: https://www.instagram.com/kpixtv/
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.
In the final 3 months of 2023, Netflix increased its subscriber growth by 13.1 million.
José Martínez spoke with a would-be homebuyer in Daly City who's struggling to find a place she can afford. (10-20-23)
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.
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.
More companies -- especially venture capital firms -- have been moving from downtown and other areas and establishing their footprint in the Presidio.
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.
Shares of PacWest fell Thursday after the LA-based bank announced it was considering strategic options that included a sale of the bank. Elizabeth Cook reports. (5-4-23)
San Francisco-based First Republic Bank is on the verge of collapse and could even be seized by federal regulators as soon as the weekend. Max Darrow reports. (4-28-23)
The Federal Deposit Insurance Corporation is set to seize control of First Republic Bank, according to multiple reports.
Officials announced the takeover on Sunday, after shares of Credit Suisse plummeted last week despite a $54 billion loan from the Swiss National Bank.
The president called on Congress to give regulators more authority to impose penalties on senior executives who may have mismanaged finances at banking institutions. (3-17-23)
The U.S. government took extraordinary steps Sunday to stop a potential banking crisis after the historic failure of Silicon Valley Bank, assuring depositors at the failed financial institution that they would be able to access all of their money.
Suddenly-shuttered Silicon Valley Bank was the bank of choice for many tech companies and not having access to cash represents an existential crisis for them. Devin Fehely reports. (3-11-23)
The second biggest bank failure in American history is happening right now in the heart of California's tech mecca. Betty Yu reports. (3-10-23)
A homeowner in Fairfield armed with a shovel fought off an intruder during a confrontation caught on video, police said.
The cost of ground beef in the U.S. has soared in recent years and is forecast to jump even further in 2026. What gives?
A man suspected of fatally shooting a woman in Antioch earlier this year has been arrested in Southern California, police said.
Lawmakers are returning to Washington to face major developments in the war with Iran, a lingering DHS shutdown and possible expulsion votes for some of their own members.
The California-based company said it will assign users ages 5 to 8 to a Roblox Kids account and users ages 9 to 15 to a separate account called Roblox Select.
A homeowner in Fairfield armed with a shovel fought off an intruder during a confrontation caught on video, police said.
The cost of ground beef in the U.S. has soared in recent years and is forecast to jump even further in 2026. What gives?
A man suspected of fatally shooting a woman in Antioch earlier this year has been arrested in Southern California, police said.
Lawmakers are returning to Washington to face major developments in the war with Iran, a lingering DHS shutdown and possible expulsion votes for some of their own members.
The California-based company said it will assign users ages 5 to 8 to a Roblox Kids account and users ages 9 to 15 to a separate account called Roblox Select.
Two people were arrested after shots were fired in the Russian Hill area of San Francisco early Sunday morning, police said.
With California facing a massive deficit, lawmakers are looking for places to cut spending. One of those facing the budget ax is a program called Market Match, which helps low-income people buy produce, while supporting the farmers who grow it.
On Saturday morning in San Francisco, the annual parade and festival to honor Cesar Chavez was held with a new name and a new focus.
The Valkyries obtained Veronica Burton from the Connecticut Sun during the 2025 expansion draft, and she will be entering her fourth season in the WNBA when Golden State Valkyries basketball returns on May 8.
Saturday will have the greatest potential for thunderstorms, according to the National Weather Service. The storm is expected to move north to south across the Bay Area beginning around 2 p.m.
A man suspected of fatally shooting a woman in Antioch earlier this year has been arrested in Southern California, police said.
Saturday will have the greatest potential for thunderstorms, according to the National Weather Service. The storm is expected to move north to south across the Bay Area beginning around 2 p.m.
School leaders across the Bay Area are raising concerns over Gov. Gavin Newsom's latest budget proposal, warning it could create even more financial strain for districts already dealing with rising costs, staffing challenges and budget shortfalls.
Eastbound traffic is flowing again through the Caldecott Tunnel after a crash and vehicle fire Thursday afternoon.
Police in Antioch are searching for a man suspected of fatally shooting a 20-year-old woman in February.
A woman who was crossing a street in East San Jose died after being struck by a driver Wednesday night, police
A man suspected in dozens of storage-unit burglaries in the city of Santa Clara and in other communities has been arrested, police said.
The pedestrian was struck near South White Road and Mt. McKinley Drive, around 8:10 p.m. Police said they were seriously injured and taken to the hospital with life-threatening injuries.
For local resident Brendan Hughes, the meaning behind his tattoo runs deep. His design features imagery inspired by the San Jose Sharks, a symbol he says represents his hometown.
The preserve and elephant seal viewing areas at Año Nuevo State Park in San Mateo County are set to reopen, following a deadly bird flu outbreak that has infected dozens of marine mammals.
A homeowner in Fairfield armed with a shovel fought off an intruder during a confrontation caught on video, police said.
Multiple teens were injured during a crash early Saturday morning in Novato, police said. One of them died, and the others remain in critical condition.
Local leaders say Southwest's arrival will significantly increase the number of travelers flying in and out of the airport this year, a development they call a major step forward for both convenience and economic growth.
On April 14, the Tamalpais Union High School District will be discussing and potentially voting on a plan that would restrict cellphone usage on campus.
A 12-year-old Santa Rosa girl missing since late Thursday evening was found safe, police said Friday afternoon.
Bennedict Mathurin scored 20 points off the bench as the Los Angeles Clippers defeated the Golden State Warriors 115-110.
Rory McIlroy of Northern Ireland won the 2026 Masters Tournament at Georgia's Augusta National, claiming his second straight green jacket.
Samuel Basallo hit a two-run homer, Pete Alonso also drove in two runs and the Baltimore Orioles defeated the San Francisco Giants 6-2 on Sunday.
Linus Karlsson scored in the sixth round of the shootout and the Vancouver Canucks put the San Jose Sharks on the brink of playoff elimination with a 4-3 win.
The Valkyries obtained Veronica Burton from the Connecticut Sun during the 2025 expansion draft, and she will be entering her fourth season in the WNBA when Golden State Valkyries basketball returns on May 8.
A homeowner in Fairfield armed with a shovel fought off an intruder during a confrontation caught on video, police said.
A man suspected of fatally shooting a woman in Antioch earlier this year has been arrested in Southern California, police said.
Two people were arrested after shots were fired in the Russian Hill area of San Francisco early Sunday morning, police said.
Multiple teens were injured during a crash early Saturday morning in Novato, police said. One of them died, and the others remain in critical condition.
A deputy in Riverside County was caught scrolling on what appeared to be a dating app during a standoff with an armed suspect.
Could powerful AI models like Anthropic's Mythos give cybercriminals and other bad actors a roadmap for exploiting tech systems?
Artificial intelligence is more likely to change the nature of work than to supplant masses of workers, according to researchers.
The Computer History Museum is more than a walk through the past; it is a reflection of how rapidly technology continues to shape everyday life.
NASA said they had more than 2,600 submissions from around the world for the zero-gravity indicator mascot. Officials added that the Artemis II crew was inspired by 8-year-old Lucas Ye's creativity.
Officials in Foster City said Friday that they are making progress in restoring services, more than a week after a cybersecurity breach brought the city's network down and led to a state of emergency.
A dead bat found at a Fremont home earlier this week has tested positive for the deadly rabies virus, according to authorities.
An East Bay woman is using the sport of pickleball to help find a cure for Parkinson's disease.
An unlicensed cosmetologist from Florida has been found guilty in a California court for providing an injection that killed a model who was known as a Kim Kardashian lookalike, prosecutors said.
The early-season heat wave gripping the Bay Area also means the allergy season is already kicking into high gear.
He advises people to lie down, extend their arms, and hold the phones above their heads, or people should hold their phone at eye level, rather than looking down.
Lawmakers are returning to Washington to face major developments in the war with Iran, a lingering DHS shutdown and possible expulsion votes for some of their own members.
Swalwell faced pressure from his own party to drop out of the race after a former staffer accused him of sexually assaulting her when she was too drunk to consent.
The probe comes as Swalwell is also being accused of assaulting a former staffer in an unrelated case.
A former staffer of Rep. Eric Swalwell said he allegedly forced himself on her after they met for drinks in New York in 2024.
The political crisis surrounding Democratic Rep. Eric Swalwell is rapidly escalating into a broader bipartisan showdown that could reshape the makeup of the House.
Philz Coffee's move to remove the Pride flag and all other flags from their stores is brewing up some strong reaction.
Transgender women athletes are now excluded from women's events at the Olympics after the IOC agreed to a new eligibility policy on Thursday.
The Trump administration has given San Jose State University 10 days to change its policy on transgender athletes or face legal action and possibly lose federal funding.
A man has been arrested and accused of a hate crime after a San Francisco church was vandalized over the weekend, police said.
A Yosemite park ranger was fired last year after helping to display a transgender pride flag from El Capitan.
Pop star Britney Spears has voluntarily checked into rehab following her DUI arrest in Ventura County in March, a representative for the singer told CBS LA.
Adrian Arias's work, entitled "Layers of the Mission: A Celebration of Memory and Resilience," is intended to bring attention to who he describes as real-life neighborhood heroes.
City leadership recently passed legislation that they say will help established event activators plan and execute at a much faster pace.
The price hike raises the cost of the standard plan with ads by $1 per month and the cost of the standard and premium plans by $2.
An unlicensed cosmetologist from Florida has been found guilty in a California court for providing an injection that killed a model who was known as a Kim Kardashian lookalike, prosecutors said.
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.
After a wet weekend, expect partly cloudy conditions Monday, with highs in the 60s. Temperatures are expected to remain cool through midweek. Jessica Burch has the forecast.
Democratic Rep. Eric Swalwell suspended his bid for California governor on Sunday as he faced growing pressure to end his campaign amid allegations of sexual assault.
Here's a look at the weather forecast Sunday evening.
Two suspects were arrested in connection with shots fired in the area of Sam Altman's home.
Democratic Rep. Eric Swalwell suspended his bid for California governor on Sunday as he faced growing pressure to end his campaign amid allegations of sexual assault.
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.