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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)
Friday, March 6, marks 100 years since the historic location opened its doors, but they'll be celebrating a little early with free movies on Wednesday.
The daily prompts at the San Francisco grocery store have led to new friendships, and regular customers say they look forward to seeing what the question will be.
California Democrats are showing signs of division as the race to replace Gov. Gavin Newsom grows increasingly crowded ahead of the June primary.
The design process for the floats began in November, with a crew of nearly 30 people working to put the final product together.
The analysts say the United States currently sits on a glut of domestic oil, so the nation will be insulated from the immediate supply shortage. But California imports most of its crude oil from foreign countries, so we are liable to feel the effects faster than other states.
Friday, March 6, marks 100 years since the historic location opened its doors, but they'll be celebrating a little early with free movies on Wednesday.
The daily prompts at the San Francisco grocery store have led to new friendships, and regular customers say they look forward to seeing what the question will be.
California Democrats are showing signs of division as the race to replace Gov. Gavin Newsom grows increasingly crowded ahead of the June primary.
The design process for the floats began in November, with a crew of nearly 30 people working to put the final product together.
The analysts say the United States currently sits on a glut of domestic oil, so the nation will be insulated from the immediate supply shortage. But California imports most of its crude oil from foreign countries, so we are liable to feel the effects faster than other states.
The daily prompts at the San Francisco grocery store have led to new friendships, and regular customers say they look forward to seeing what the question will be.
The design process for the floats began in November, with a crew of nearly 30 people working to put the final product together.
The analysts say the United States currently sits on a glut of domestic oil, so the nation will be insulated from the immediate supply shortage. But California imports most of its crude oil from foreign countries, so we are liable to feel the effects faster than other states.
Organizers of the annual Outside Lands Music Festival at Golden Gate Park in San Francisco announced the lineup for the upcoming 2026 event.
San Francisco city departments have been told they will need to eliminate at least 500 budgeted positions, including some currently filled roles, as part of a sweeping effort to reduce a projected $400 million annual deficit.
Friday, March 6, marks 100 years since the historic location opened its doors, but they'll be celebrating a little early with free movies on Wednesday.
Former Oakland police chief Floyd Mitchell has been appointed to lead the police department in the city of Fremont.
A person riding on a watercraft at Discovery Bay died on Sunday after it flipped over. The person did not know how to swim and was not wearing a life vest at the time, the sheriff's office said. Two other people on the watercraft were able to swim to safety.
The Bay Area learned in December about the passing of legendary Bay Area Park Ranger Betty Reid Soskin, but they waited until Sunday to hold a public tribute to her.
The gathering, held on a pedestrian bridge above a freeway in Berkeley, brings together community members waving signs and dancing as passing drivers honk in support.
Dozens of residents of an apartment complex in the South Bay have been displaced following a fire that began in a carport Monday afternoon.
One of the people at the rally said she believes going to war with Iran could continue to exacerbate socio-economic issues here in the United States.
More than 100 residents of a condominium complex in Santa Clara remain evacuated after structural issues were found in the building over the weekend.
Police in San Jose released body camera footage of a deadly shootout earlier this year involving a man suspected in a lengthy crime spree that included shootings with law enforcement, along with armed robberies and carjackings.
A fire broke out at an apartment complex in Campbell Monday afternoon, authorities said.
The California Highway Patrol arrested two drivers on Highway 101 in Sonoma County early Monday morning after they allegedly took part in a street race in which a third driver was filming.
Officers arrested a suspect with an outstanding out-of-state murder warrant in Vallejo, police said Friday.
A suspect is accused of animal cruelty after hundreds of birds and evidence consistent with bird fighting were located at a home just outside of Santa Rosa city limits on Wednesday, authorities said.
Authorities in the San Francisco Bay Area have arrested three people from the East Coast on suspicion of identity theft in an alleged bank fraud case, including a woman who was reported missing several months ago.
Police in Vallejo said they arrested a driver on multiple felony charges following a pursuit over the weekend that covered nearly 16 miles.
Kawhi Leonard had 23 points, eight rebounds and four assists, and the Los Angeles Clippers erased a 17-point deficit to beat the short-handed Golden State Warriors 114-101.
The Athletics had the highest success rate using the robot-umpire system to overturn ball/strike calls during the first 10 days of spring training, winning 69.2% of challenges as teams prepared for its regular-season debut March 25.
Michael Misa scored 1:40 into overtime, and the San Jose Sharks topped the Winnipeg Jets 2-1 for their second straight win.
Luka Doncic had 26 points, eight assists and six rebounds, LeBron James added 22 points, nine assists and seven rebounds, and the Los Angeles Lakers ran away from the short-handed Golden State Warriors for a 129-101 win.
Shakir Mukhamadullin broke a tie midway through the third period and the San Jose Sharks snapped a five-game winless streak by beating the Edmonton Oilers 5-4.
Former Oakland police chief Floyd Mitchell has been appointed to lead the police department in the city of Fremont.
The California Highway Patrol arrested two drivers on Highway 101 in Sonoma County early Monday morning after they allegedly took part in a street race in which a third driver was filming.
A trial has been set in the San Francisco Bay Area for a Florida woman accused of providing a cosmetic injection that killed a woman who was known as a Kim Kardashian lookalike, prosecutors said.
Police in San Jose released body camera footage of a deadly shootout earlier this year involving a man suspected in a lengthy crime spree that included shootings with law enforcement, along with armed robberies and carjackings.
The man who opened fire in the deadly shooting also had photos of Iranian leaders in his home, a source said.
At the meeting, Waymo said there are about 70 dispatchers at a call center in the Philippines to assist cars in the company's global fleet that require human intervention. But on the night of Dec 20, they said the system was simply overwhelmed.
After the Trump administration cut it off, Anthropic CEO Dario Amodei told CBS News in an exclusive interview Friday night he wants to work with the military — but only if it addresses the firm's concerns.
President Trump said he will give federal agencies six months to phase out their use of Anthropic's AI products.
The 20-year-old plaintiff alleges that using YouTube and Instagram from a young age intensified her depression and led to suicidal thoughts.
Defense Secretary Pete Hegseth gave Anthropic until Friday at 5 p.m. to grant the military unresticted use of its AI technology.
Tests of dozens of baby formulas by Consumer Reports found that nearly half contained potentially dangerous chemicals.
A trial has been set in the San Francisco Bay Area for a Florida woman accused of providing a cosmetic injection that killed a woman who was known as a Kim Kardashian lookalike, prosecutors said.
USALESS.COM is recalling its Rhino Choco VIP 10X product due to the undeclared presence of Tadalafil, which is the active ingredient in Cialis.
A Santa Clara County resident with measles may have exposed others while dining at a restaurant in Burlingame earlier this week, health officials said.
Multiple elephant seal pups along the Northern California coast have tested positive for the deadly avian influenza, or bird flu, according to new research from the University of California.
California Democrats are showing signs of division as the race to replace Gov. Gavin Newsom grows increasingly crowded ahead of the June primary.
San Francisco city departments have been told they will need to eliminate at least 500 budgeted positions, including some currently filled roles, as part of a sweeping effort to reduce a projected $400 million annual deficit.
Six American service members have been killed in the U.S.-Iran conflict, U.S. Central Command said.
Two sources familiar with the U.S. military's use of artificial intelligence confirm that the U.S. used Anthropic's Claude AI model over weekend for the attack on Iran — and is still using it.
Israel sent troops into Lebanon as the U.S.-Israeli war with Iran widened, and some of Iran's Gulf neighbors warned that Iran's retaliatory fire could draw them into the spreading conflict.
A Yosemite park ranger was fired last year after helping to display a transgender pride flag from El Capitan.
After more than two years of renovations, the historic Castro Theatre is back open for business.
A large Pride flag has been removed from the Stonewall National Monument in Greenwich Village. The National Park Service said it did so under guidance from the federal government.
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.
Friday, March 6, marks 100 years since the historic location opened its doors, but they'll be celebrating a little early with free movies on Wednesday.
The design process for the floats began in November, with a crew of nearly 30 people working to put the final product together.
Organizers of the annual Outside Lands Music Festival at Golden Gate Park in San Francisco announced the lineup for the upcoming 2026 event.
A trial has been set in the San Francisco Bay Area for a Florida woman accused of providing a cosmetic injection that killed a woman who was known as a Kim Kardashian lookalike, prosecutors said.
Singer-songwriter Neil Sedaka, known for his hits like "Laughter in the Rain," "Breaking Up is Hard to Do" and "Calendar Girl," has died.
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.
Loureen Ayyoub reports on how a local grocery store cashier is helping build connections.
Amanda Hari reports on a beloved Oakland movie theater. 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 the Chinese New Year Parade preparations. 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
Kenny Choi reports on how international travel is being affected by the U.S.-Israeli war with Iran.
Lauren Toms reports on Mayor Lurie addressing the city's budget deficit by cutting jobs. 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.