U.S. economy slowed in second quarter as Iran war weighs on growth
Economic activity weakened between April and June as energy costs surged, new government data shows.
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Economic activity weakened between April and June as energy costs surged, new government data shows.
Thirty percent of respondents said they shoplifted this year, with most citing affordability concerns and financial hardship.
Lower gasoline prices slowed inflation in June, though many household costs remained stubbornly high.
The Consumer Price Index rose last month at a 4.2% annual rate amid a spike in U.S. energy prices.
Economists expect the Consumer Price Index this week to show U.S. inflation continuing to rise due to higher energy costs.
The personal consumption expenditures price index, the Federal Reserve's preferred gauge of inflation, jumped due to higher energy costs.
People are looking for ways to cut costs amid rising inflation - both consumers and retailers - and Bay Area small businesses are feeling the impact.
For the first time in three years, rising prices are now outpacing American wages and the biggest effects of inflation are usually felt in the smallest of businesses. John Ramos reports.
U.S. consumer prices rose in April, fueled by a spike in energy prices caused by the Iran war.
The impact of higher energy prices and fears about covering monthly bill is taking a toll on public sentiment, a new Gallup poll finds.
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?
Inflation rose at an annual rate of 3.3% in March, driven by the sharpest monthly increase in gas prices since 1967.
These charts track prices consumers pay for groceries and other goods now compared to five years ago.
Economic forecasts show that this week's March Consumer Price Index could show prices climbing at their fastest pace in nearly two years.
Stock market volatility is hitting higher-income Americans, driving a sharper drop in consumer sentiment.
Mortgage rates, though still well below their level a year ago, have edged up since the Iran war erupted. Here's why.
Stocks fell after new government data showed U.S. employers shed 92,000 jobs in February and as investors fret over oil prices.
Inflation came in below economists' forecasts and slowed from December's 2.7% annual rate.
The Federal Reserve is grappling with economic issues including higher inflation and a slowing labor market.
Those prioritizing economy say Trump is not spending enough time on it, as ratings of economy, his handling of inflation slip.
Although grocery prices have continued to climb in 2025, a Thanksgiving dinner will cost 2% to 3% less this year, one analysis found.
Social Security's annual cost-of-living adjustment is aimed at helping the program's 75 million beneficiaries keep pace with inflation.
The National Restaurant Association says menu prices for U.S. restaurants would need to increase by 30.3% just to maintain a thin profit margin of 5% under the current economic conditions.
Citing the shutdown, the Social Security Administration postponed its announcement of the annual payment bump beneficiaries will receive in 2026.
A 2.7% COLA increase would raise the average monthly Social Security payment by about $54.
Two years ago, the town of San Anselmo voted to withdraw from a controversial flood control district. But homeowners continued to be charged to support its operation. Now, advocates are saying they want that stopped and they want their money back.
The Boston Red Sox traded infielder Marcelo Mayer to the San Francisco Giants for left-handed relief pitcher Erik Miller.
Lisa Gonzales, 55, was found guilty back in April of second degree murder by use of a deadly weapon in the killing of 61-year-old Margaret Mamer.
In a statement, Superintendent Cheryl Cotton said the notice is out of an abundance of caution due to preliminary data from vapor testing results.
New U.S. tariffs are hurting consumers and businesses, California's attorney general said in filing suit to block levies on 60 countries.
Two years ago, the town of San Anselmo voted to withdraw from a controversial flood control district. But homeowners continued to be charged to support its operation. Now, advocates are saying they want that stopped and they want their money back.
The Boston Red Sox traded infielder Marcelo Mayer to the San Francisco Giants for left-handed relief pitcher Erik Miller.
Lisa Gonzales, 55, was found guilty back in April of second degree murder by use of a deadly weapon in the killing of 61-year-old Margaret Mamer.
In a statement, Superintendent Cheryl Cotton said the notice is out of an abundance of caution due to preliminary data from vapor testing results.
New U.S. tariffs are hurting consumers and businesses, California's attorney general said in filing suit to block levies on 60 countries.
Lisa Gonzales, 55, was found guilty back in April of second degree murder by use of a deadly weapon in the killing of 61-year-old Margaret Mamer.
Police in San Francisco on Monday announced the arrests of five people and raided four Oakland homes last week in connection with a drug trafficking investigation.
Fire crews in Foster City remained on the scene Monday, after a six-alarm fire at a condominium complex damaged dozens of units.
An 18-year-old was hospitalized Sunday evening after bystanders performed CPR following a near-drowning at San Gregorio State Beach, Cal Fire said.
It's the cool water from the California Current and upwelling that usually allows the dense coastal fog to form. The ocean water is cooler than the air above it, and lowers the air temperature down to the dew point, which creates fog.
In a statement, Superintendent Cheryl Cotton said the notice is out of an abundance of caution due to preliminary data from vapor testing results.
Five people, including a man visiting from Europe, are facing multiple charges after being arrested in a child sexual exploitation sting in the East Bay, police said.
The COVID-19 pandemic permanently changed how many people spend money on dining and entertainment. Now, another Oakland business has become a casualty of those shifts.
For generations, the Oakland Coliseum has been where the city's biggest sports memories were made. Now, one of the last professional sports teams still calling the venue home is facing an uncertain future.
In a quiet neighborhood in Oakland, a backyard was abuzz with young people answering an urgent call to action.
Signs prohibiting parking near the iconic Bixby Bridge on the Central California coast are set to be installed in the coming days, officials announced Monday.
A 16-year-old California lifeguard who rescued a 10-year-old child from powerful waves during a daring rescue caught on video has spoken out about the harrowing experience.
A South Bay summer camp counselor who was previously arrested for alleged child sexual assaults was arrested again after a third alleged victim came forward, authorities said.
A jury on California's Central Coast has convicted a barber for sexually assaulting clients at his shop, prosecutors said.
A fire burning in eastern Santa Clara County was spreading on Monday after jumping a containment line.
Two years ago, the town of San Anselmo voted to withdraw from a controversial flood control district. But homeowners continued to be charged to support its operation. Now, advocates are saying they want that stopped and they want their money back.
The first shooting happened on July 28, just after 8 p.m., near the 1400 block of Enterprise Street. Police said the victim reported someone shot at him and then ran from the area. The victim was not injured.
Smoke blanketed the Bay Area Friday, as firefighters continued to battle a wildfire near Salt Point State Park in Sonoma County.
As the SMART train line plans stations at both Healdsburg and Cloverdale, the town of Geyserville, located in the middle, is saying, why not us?
Nicholas Cunfermann disappeared from Novato on Aug. 24, 1986. He was 32 years old.
The Boston Red Sox traded infielder Marcelo Mayer to the San Francisco Giants for left-handed relief pitcher Erik Miller.
Wide receiver Mike Evans missed practice for the San Francisco 49ers because of a strained quadriceps in the latest injury to hit the team's receiver room.
The Phillies acquired Luis Arraez and Caleb Kilian from the Giants and Brooks Raley from the Mets on MLB trade deadline day.
The San Diego Padres secured a 5-4 victory over the San Francisco Giants on Sunday.
Janelle Salaun came off the bench to score 24 points, Veronica Burton contributed 17 points and six assists, and the Golden State Valkyries used their stingy defense down the stretch to hold off the Toronto Tempo for a 96-79 win Sunday night.
Lisa Gonzales, 55, was found guilty back in April of second degree murder by use of a deadly weapon in the killing of 61-year-old Margaret Mamer.
Police in San Francisco on Monday announced the arrests of five people and raided four Oakland homes last week in connection with a drug trafficking investigation.
Five people, including a man visiting from Europe, are facing multiple charges after being arrested in a child sexual exploitation sting in the East Bay, police said.
The first shooting happened on July 28, just after 8 p.m., near the 1400 block of Enterprise Street. Police said the victim reported someone shot at him and then ran from the area. The victim was not injured.
Two people were hospitalized after a shooting Saturday evening at Woodward Reservoir, the Stanislaus County Sheriff's Office said.
An artificial intelligence model that was being tested by OpenAI went rogue and hacked the firm Hugging Face on its own, in what Hugging Face CEO Clément Delangue called a "very weird and unprecedented" incident.
The families of four children who died by suicide allege that using social media led to depression, anxiety and other mental health problems.
Anthropic's artificial intelligence model Claude "gained unauthorized access" to three outside organizations on three separate occasions during testing.
OpenAI CEO Sam Altman and other AI leaders say they support pacing the rapid advancement of AI's capabilities.
Three major U.S. airlines have quietly changed their policies to ban humanoid and animal-like robots from their flights.
Two Michigan residents who had "significant underlying health conditions" have died after contracting cyclosporiasis, the Michigan Department of Health and Human Services said.
Soaring health insurance premiums are forcing some small business owners to make difficult decisions about employee coverage, staffing and their future.
The case accuses OpenAI of practicing medicine without a license and failing to safeguard users seeking health advice.
A generic version of the allergy medication Zyrtec is under recall across the U.S. over cross-contamination concerns.
Taylor Farms said none of its branded salads or kits contain the iceberg lettuce associated with the outbreak.
Two years ago, the town of San Anselmo voted to withdraw from a controversial flood control district. But homeowners continued to be charged to support its operation. Now, advocates are saying they want that stopped and they want their money back.
Signs prohibiting parking near the iconic Bixby Bridge on the Central California coast are set to be installed in the coming days, officials announced Monday.
The order came after Republican Senators Thom Tillis and John Cornyn threatened to block Blanche's confirmation for Attorney General if the fund was not rescinded in writing.
An artificial intelligence model that was being tested by OpenAI went rogue and hacked the firm Hugging Face on its own, in what Hugging Face CEO Clément Delangue called a "very weird and unprecedented" incident.
Detentions by Immigration and Customs Enforcement set a monthly record high for the second Trump administration in July, internal agency data obtained by CBS News shows, as ICE widened its crackdown.
Berlin police did not identify the suspect, who is still at large, by name but said that he was already known to police and is from Berlin.
LGBTQ+ communities have significantly higher rates of unemployment than the general population. Kelsi Thorud reports on how the City of Oakland is empowering LGBTQ+ job seekers during Pride Month.
The fallout over the opposition by a handful of San Francisco Giants players against the team's Pride Night celebrations has prompted an investigation of Major League Baseball by the Trump administration.
Major League Baseball has warned players about writing on their uniforms after San Francisco starter Landen Roupp and two other pitchers added Bible verses to their Pride Night caps on Friday night.
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.
Ariana Grande had been due to star alongside her "Wicked" co-star Jonathan Bailey in a production of "Sunday in the Park with George" in 2027.
A lawsuit alleges that a drive storing a $45 million spy film starring Nicolas Cage was "stolen right off a Netflix desk."
Four women say Hollywood star Jared Leto committed sexual crimes against them when they were teenagers, in interviews with the BBC.
Carly Simon, the singer known for 1970s hits like "You're So Vain," announced she has Parkinson's disease and also was treated for basal cell carcinoma.
Bay Area rapper Mistah F.A.B. was arrested in Oakland after police said he was in possession of thousands of dollars in illegal fireworks.
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.
John Ramos reports on residents wanting the fees they paid for flood control projects back after they pulled out of the district.
Len Ramirez reports.
with Darren Peck.
Brad Hamilton reports on the heat wave in the Bay Area.
Dozens of residents at a condominium complex in Foster City continue to be evacuated Monday after a fire broke out on Sunday. Drew Andre reports.
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.