IRS increases pension and retirement plan contribution limits for 2025
2025 contribution limit for 401(k) plans is $23,500, up from $23,000 in 2024. IRA contribution limit remains $7,000.
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2025 contribution limit for 401(k) plans is $23,500, up from $23,000 in 2024. IRA contribution limit remains $7,000.
"Shrinkflation" — when companies charge the same for smaller sizes — is a sneaky way to raise prices. Read on to see what kind of products have shrunk the most.
Inflation in September fell to an annual rate of 2.4%, its lowest point since early 2021, as gas and energy costs continued to ease.
Grocery costs barely rose last month, according to Friday's report, and energy costs dropped 0.8%, led by cheaper gasoline.
CBS News Business Analyst Jill Schlesinger joins on what the cut of interest rates means to our wallets and the future of inflation. For more analysis go to www.jillonmoney.com. (09-19-2024)
The Federal Reserve just lowered its benchmark rate by 0.50 percentage points. Here's how the move could impact your finances.
The Fed's decision will lower borrowing costs from a 23-year high as the central bank pivots to shoring up economic growth.
Home insurance premiums have at times risen 40% faster than inflation. Extreme weather events are likely to make the expense worse.
Reed Cowan talks to CBS News business analyst Jill Schlesinger about the latest inflation data released by the U.S. government.
New Census data finds the typical household earned $80,610 last year, a 4% jump from 2022 and the first significant boost since 2019.
The August employment report shows 142,000 jobs added to the United States with the labor market saying inflation seems to cool down. For more analysis go to www.jillonmoney.com. (08-06-2024) 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 deal, available through Subway's app and website for a limited time, is aimed at inflation-weary consumers.
Harris is vowing to pass the first federal ban on price gouging, a pledge that comes after grocery prices have surged 25% since 2020.
Former President Donald Trump has focused his latest line of attacks against his rival on the economy, which comes after Vice President Kamala Harris unveiled her first round of economic policy proposals. Natalie Brand has more.
Vice President Kamala Harris released her first major economic policy proposal since entering the presidential race. The plan, aimed at middle-class voters, includes money for new homebuyers, expansion of the Child Tax Credit and government action on grocery prices. Nancy Cordes reports from Raleigh, North Carolina.
The monthly report is viewed as key factor in whether the Federal Reserve cuts its benchmark interest rate in September.
Reed Cowan chats with CBS News business analyst Jill Schlesinger on how inflation cooled down in July but remains high in the housing markets. For more analysis, go to www.jillonmoney.com. (08-14-2024) 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
After years of soaring housing costs, renters are getting some relief as the Federal Reserve looks to extinguish inflation.
Chipotle CEO Brian Niccol said the company is addressing portion sizes after finding 10% of its locations were skimping.
Consumer spending helped drive growth despite cost-of-living expenses that have spiked across the country.
Although Donald Trump vows to bring U.S. prices down "very quickly," some economists say his policies could rekindle inflation. Here's what to know.
Auto insurance has gone up 19.5% since June of last year, according to the latest Consumer Price Index data. The reason? Getting T-boned by inflation.
The latest consumer price data furthers the case for an interest rate cut by the Federal Reserve as soon as September.
CBS News Business Analyst Jill Schlesinger explains the month of June’s numbers and if we are close to seeing lowered interest rates. For more analysis go to www.jillonmoney.com. (07-11-2024) 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
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
Lowrider culture took center stage at San Francisco's de Young Museum as community members gathered to celebrate the cultural movement's contributions to the Bay Area alongside artist Rose B. Simpson's ongoing exhibition, "LEXICON."
The U.S. men's national soccer team made easy work of Paraguay in its World Cup opener Friday, defeating the South American side 4-1 at SoFi Stadium.
Cal-OSHA is investigating a safety complaint filed just days before a fire destroyed the Medline Industries 1-million-square-foot distribution center in Tracy on Thursday.
The San Francisco Zoo recently welcomed three Magellanic penguin chicks, the first successful hatching of these South American birds at the zoo in three years.
A South Korean national wanted for murders in Northern and Southern California in 2016 and 2018 was located in Laos and extradited back to the U.S. this week, authorities announced Friday.
Lowrider culture took center stage at San Francisco's de Young Museum as community members gathered to celebrate the cultural movement's contributions to the Bay Area alongside artist Rose B. Simpson's ongoing exhibition, "LEXICON."
The U.S. men's national soccer team made easy work of Paraguay in its World Cup opener Friday, defeating the South American side 4-1 at SoFi Stadium.
Cal-OSHA is investigating a safety complaint filed just days before a fire destroyed the Medline Industries 1-million-square-foot distribution center in Tracy on Thursday.
The San Francisco Zoo recently welcomed three Magellanic penguin chicks, the first successful hatching of these South American birds at the zoo in three years.
A South Korean national wanted for murders in Northern and Southern California in 2016 and 2018 was located in Laos and extradited back to the U.S. this week, authorities announced Friday.
Lowrider culture took center stage at San Francisco's de Young Museum as community members gathered to celebrate the cultural movement's contributions to the Bay Area alongside artist Rose B. Simpson's ongoing exhibition, "LEXICON."
The San Francisco Zoo recently welcomed three Magellanic penguin chicks, the first successful hatching of these South American birds at the zoo in three years.
One person died and four others were hospitalized in a fiery San Francisco crash involving a vehicle flying off an overpass onto Interstate Highway 280, authorities said.
Two police officers and a theft suspect they were chasing in San Francisco were struck by a passing vehicle Friday morning, leaving the suspect dead both officers injured.
Used clothing is getting a new makeover inside San Francisco public libraries and avoiding the landfill as part of a unique collaboration between city departments and a local nonprofit.
On opening day, the Oakland Athletic Club had to turn people away as fans packed the restaurant for the Mexico and South Africa match.
Private foundation investment will fund cameras, drones and outreach, but others say the city must first make legal disposal easier for renters in large apartment complexes.
A group of East Bay engineering students have created a pleasant way to be a part of the World Cup celebrations in the Bay Area.
Health officials in Berkeley said one person died and another person was hospitalized after contracting leptospirosis from rats that had infested their RV.
A 10-year-old girl's quick action likely saved the lives of her family members in Oakley when their house caught on fire early Wednesday morning.
A South Korean national wanted for murders in Northern and Southern California in 2016 and 2018 was located in Laos and extradited back to the U.S. this week, authorities announced Friday.
A woman died after a man allegedly stabbed her in a North San Jose apartment building late Thursday night, authorities said.
The driver of a stolen vehicle was arrested after hitting and killing a bicyclist in San Jose this week, police said Friday.
Two people were rescued from the water at a Santa Cruz County beach on Wednesday afternoon, authorities said.
Retired San Jose Police Officer Gil Zamora doesn't work with a microscope. He draws critical evidence from the memories of witnesses.
A deer fawn was rescued on Wednesday from an outdoor wire dog crate at a Sonoma County home, authorities said.
A mountain biker who was injured in a remote Sonoma County trail Wednesday morning was airlifted to safety following a multi-agency rescue, authorities said.
The warning covers parts of the East Bay hills and the North Bay interior mountains, and begins at 11 p.m. Wednesday.
On Sunday, marchers began the second part of a three-day journey protesting U.S. Immigration and Customs Enforcement's presence in the Bay Area.
Students, teachers and staff shared hugs, high fives and tears this week as two longtime Santa Rosa schools closed their doors for the final time.
The U.S. men's national soccer team made easy work of Paraguay in its World Cup opener Friday, defeating the South American side 4-1 at SoFi Stadium.
The 2026 FIFA World Cup opening ceremony festivities got underway a little over an hour before the first kickoff in Mexico City's Estadio Azteca.
With matches being played in 11 cities across the U.S., Mexico and Canada, fans are getting three World Cup opening ceremonies.
The U.S. men's national soccer team kicked off its 2026 FIFA World Cup campaign against Paraguay at SoFi Stadium on Friday.
Bryce Eldridge hit a game-winning grand slam in the ninth to cap an incredible comeback by the San Francisco Giants, who scored 10 runs over the final two innings of an 11-10 victory against the Washington Nationals.
A South Korean national wanted for murders in Northern and Southern California in 2016 and 2018 was located in Laos and extradited back to the U.S. this week, authorities announced Friday.
A woman died after a man allegedly stabbed her in a North San Jose apartment building late Thursday night, authorities said.
The driver of a stolen vehicle was arrested after hitting and killing a bicyclist in San Jose this week, police said Friday.
Two police officers and a theft suspect they were chasing in San Francisco were struck by a passing vehicle Friday morning, leaving the suspect dead both officers injured.
Two teenagers were arrested in San Francisco last month after they allegedly robbed a man while he was attempting to sell his collection of Pokémon cards, authorities said.
A woman has been found guilty of trespassing and other charges for her role in a protest outside the San Francisco headquarters of OpenAI last year, prosecutors said.
The iPhone was introduced in 2007, the same year the U.S. birth rate started to slide. The issues could be linked, a new analysis finds.
Meta pledged to invest $115 million to train electricians, plumbers and other workers needed to operate data centers.
SpaceX is setting aside a large chunk of shares for ordinary investors as it seeks to raise a record $75 billion. Here's what to know.
Authorities on California's Central Coast arrested two people Sunday suspected of vandalizing robots performing assessments on sidewalks last week.
Health officials in Berkeley said one person died and another person was hospitalized after contracting leptospirosis from rats that had infested their RV.
Grocery sales at two Target stores in San Jose were halted over the past week, after health inspectors found evidence of rodent infestations.
WHO chief Tedros Adhanom Ghebreyesus says risks from the Ebola outbreak in Congo and Uganda are "high at the national and regional levels, and low at the global level."
The cruise ship hit by a deadly hantavirus outbreak has docked at the Dutch port of Rotterdam for disinfection, wrapping up a troubled journey that put world health authorities on alert.
At least 80 deaths have been reported in a new Ebola disease outbreak in Congo and Uganda, authorities said.
Paramount Skydance's $110 billion acquisition of Warner Bros. Discovery would not harm U.S. consumers or weaken competition, DOJ antitrust enforcers said.
A federal appellate court denied a last-minute attempt by the Trump administration to stop the removal of President Trump's name from the Kennedy Center on Friday.
The Trump administration deported a group of roughly 20 migrants from Afghanistan, Iran and other nations to the Central African Republic, one of the world's poorest countries.
A federal judge continued to block the Justice Department's $1.8 billion "anti-weaponization" fund, expressing skepticism with the administration's claims that the program is not moving forward.
Voters in California may decide this fall on a proposal that would make tax increases on high-income earners to fund education permanent, officials said.
Many LGBTQ+ Pride events across the country have had to scale back or even cancel due to political and financial reasons. San Francisco was on the brink. Kara St. Cyr reports.
In one of the most competitive real estate markets in America, a San Francisco real estate agent dons fabulous drag to help promote homes for sale. Itay Hod reports.
The U.S. Department of Justice has launched an investigation into four California school districts over policies pertaining to the instruction of gender and sexual orientation.
Jason Collins, the NBA's first openly gay player, who went on to become a pioneer for inclusion and an ambassador for the league, has died, his family announced Tuesday.
Philz Coffee will once again sport the Pride flag at its cafés after a directive to have them and other flags removed created a backlash.
With matches being played in 11 cities across the U.S., Mexico and Canada, fans are getting three World Cup opening ceremonies.
A gaming store in San Francisco keeps getting broken into, leading to loss after loss and a mountain of anxiety for the woman behind the business.
A fixture on San Francisco's drag scene, Katya Smirnoff-Skyy has taken her act off the stage and onto the market. With more than 200,000 followers, her house tour videos have become must-see real estate TV: part open house, part one-woman show.
San Pedro Street is being transformed into a massive outdoor viewing party, with organizers hoping global soccer fans will linger — and spend — in a corridor still recovering from the pandemic.
"Schmigadoon!" — which was tied for the most nominations, with 12 — won Best Musical, and "Liberation" took home the honor of Best Play at the 2026 Tony Awards.
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.
Lowrider culture took center stage at San Francisco's de Young Museum as community members gathered to celebrate the cultural movement's contributions to the Bay Area alongside artist Rose B. Simpson's ongoing exhibition, "LEXICON."
Andrea Nakano reports.
For many Bay Area kids, food comes from a grocery store shelf, not a field.
"A Great, Good Place for Books" in Oakland's Montclair Village is shutting down due to slow foot traffic. Kara St. Cyr reports on the story behind the shop and why it's in its final phase.
Bay Area soccer fans showed up in full force outside Chase Center in San Francisco to support the U.S. in their inaugural World Cup match. Maddie White reports from the watch party.
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.