The Iran war is making it harder for Fed officials to cut interest rates
Some economists think the Fed, facing inflationary pressures from rising energy prices, may not cut interest rates at all this year.
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Some economists think the Fed, facing inflationary pressures from rising energy prices, may not cut interest rates at all this year.
A new report from Realtor.com projects that the housing market will shift in a more buyer-friendly direction in 2026.
The Federal Reserve is cutting its benchmark interest rate as the U.S. economy faces headwinds, including a faltering labor market.
Federal Reserve Chair Jerome Powell has been under pressure from President Trump to lower the central bank's benchmark interest rate.
The Fed is maintaining its benchmark interest rate in the range of 4.25% to 4.5%, where it's been parked since December.
Federal Reserve Chair Jerome Powell, who is testifying before Congress this week, said tariffs are "likely to push up prices."
The Federal Reserve said Wednesday it will maintain the benchmark interest rate at its current range of 4.25% to 4.5%
On todays Money Watch we are talking interests! The Federal Reserve meets today to decide on interest rates. CBS News Business Analyst Jill Schlesinger breaks it down with Reed Cowan on what we can expect.
Gianna Franco talks to CBS News business analyst Jill Schlesinger about the Federal Reserve likely taking no major action after its first policy meeting of the year.
The Federal Reserve on Wednesday moved to lower its benchmark rate by 0.25 percentage points, but said it plans fewer cuts in 2025.
The Federal Reserve announced its second interest rate cut of 2024, but Trump's economic priorities could impact future policy.
Lenders are already lowering rates on some products, providing savings to borrowers. Here's what to know.
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 to cut interest rates is sure to have an impact on the Bay Area real estate market, with the move encouraging both potential home sellers and buyers to get into the action.
Sooji Nam reports on the impact the interest rate cut by the Federal Reserve could have on the San Francisco Bay Area housing market.
The Fed's decision will lower borrowing costs from a 23-year high as the central bank pivots to shoring up economic growth.
The Fed has slashed borrowing costs for the first time in more than four years. Here's how that would impact people with credit card balances.
CBS News correspondent Nancy Chen explains how to achieve the American dream when buying a home. The Money Watch Housing Guide helps with the best time to start saving and how interest rates play a huge factor. Gianna Franco interviews. (09-13-2024) 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
Federal Reserve Chair Powell, speaking at a conference in Jackson Hole, Wyoming, said the timing and pace of rate cuts will depend on economic data.
The Federal Reserve is leaving its benchmark interest rate unchanged as investors look for signals that a cut is imminent.
After years of soaring housing costs, renters are getting some relief as the Federal Reserve looks to extinguish inflation.
Federal Reserve Chair Jerome Powell told a Senate panel that the economy has returned to its pre-pandemic level: "strong, but not overheated."
CBS News Business Analyst Jill Schlesinger reports the May jobs report and its impact on interest rates. For more analysis, go to www.jillonmoney.com. (06-07-2024) 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 home affordability for sellers and buyers. For more analysis go to www.jillonmoney.com. (05-23-2024) 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
Tyer Glasnow and Tanner Scott combined on a one-hitter and the Los Angeles Dodgers avoided a three-game series sweep with a 3-0 win over the San Francisco Giants.
Mitchell said his focus is on reducing property crime, decreasing fatal traffic crashes through more enforcement, and taking a regional approach to the city's issues with homelessness.
A California man who posed as a police officer while robbing a spa business in the San Francisco Bay Area was arrested on Wednesday, authorities said.
A man convicted of stabbing two people in San Francisco in 2023, killing one victim, was sentenced on Thursday to 100 years to life in state prison, the District Attorney's Office announced Thursday.
Police in Salinas said they arrested two drivers allegedly involved in a street race after a multi-car crash injured several people earlier this month.
Tyer Glasnow and Tanner Scott combined on a one-hitter and the Los Angeles Dodgers avoided a three-game series sweep with a 3-0 win over the San Francisco Giants.
Mitchell said his focus is on reducing property crime, decreasing fatal traffic crashes through more enforcement, and taking a regional approach to the city's issues with homelessness.
A California man who posed as a police officer while robbing a spa business in the San Francisco Bay Area was arrested on Wednesday, authorities said.
A man convicted of stabbing two people in San Francisco in 2023, killing one victim, was sentenced on Thursday to 100 years to life in state prison, the District Attorney's Office announced Thursday.
Police in Salinas said they arrested two drivers allegedly involved in a street race after a multi-car crash injured several people earlier this month.
A man convicted of stabbing two people in San Francisco in 2023, killing one victim, was sentenced on Thursday to 100 years to life in state prison, the District Attorney's Office announced Thursday.
Drivers who rely on 19th Avenue in San Francisco will face major delays during three upcoming weekends, as Caltrans has planned extended closures to perform roadwork.
Michael Tilson Thomas, the 12-time Grammy Award winning composer and famed conductor who led the San Francisco Symphony for a quarter century, has died.
A man wanted in connection with a deadly double shooting in East Palo Alto was arrested in Mexico after more than seven years on the run, prosecutors said.
Economists say the next phase of recovery hinges on bringing back international visitors, especially from China, who historically spend more and stay longer.
Mitchell said his focus is on reducing property crime, decreasing fatal traffic crashes through more enforcement, and taking a regional approach to the city's issues with homelessness.
Police in Fremont arrested a man suspected of stealing a UPS truck early Thursday morning, following an hours-long standoff.
Fellow teachers, students and parents rallied around Donna Jackson to keep her at La Escuelita. For the last five years, Jackson has considered La Escuelita her home away from home.
A driver who crashed into a Bay Area Safeway told investigators that she had confused the gas and brake pedals while parking, Martinez police said Wednesday.
The body was found on the lawn near Sproul Hall, and Sgt. Jacob Westlie, with UC police, said foul play was not immediately suspected. He added that the deceased did not appear to be affiliated with the university.
A California man who posed as a police officer while robbing a spa business in the San Francisco Bay Area was arrested on Wednesday, authorities said.
Police in Salinas said they arrested two drivers allegedly involved in a street race after a multi-car crash injured several people earlier this month.
Police arrested four suspects in a smash-and-grab robbery at San Jose's Westfield Valley Fair Mall in January, with two of the suspects also linked to a separate armed robbery in San Jose days earlier.
Authorities on the Central Coast have launched an investigation following the death of an inmate at the Monterey County Jail in Salinas on Wednesday.
A 1-year-old child died of his injuries after being hit by an airport taxi minivan in the driveway of San Jose apartment complex, authorities said.
When the owners of the complex constructed it, the owners accepted money from the USDA with a mandate that it be used for farmworker housing. But when they began taking applications, one tenant says it didn't seem to be much of a requirement.
With weather forecasts calling for rain and reservoirs at, or nearing, capacity, it seems strange to think that parts of Sonoma Water are under a "dry water supply" designation.
A teenager that police said was involved in a deadly crash in Novato earlier this month has been arrested after being released from the hospital.
Isolated to scattered thunderstorms are expected across the region beginning around 10 a.m. Residents may see lightning, heavy rainfall and small hail through the morning.
In 2019, a company called Catalyst Properties approached the city of Larkspur with an idea. They convinced the city to pair up with a newly formed organization to create tax-free bonds as a way to purchase apartment complexes, turning them into middle-income housing.
Tyer Glasnow and Tanner Scott combined on a one-hitter and the Los Angeles Dodgers avoided a three-game series sweep with a 3-0 win over the San Francisco Giants.
The 2026 NFL Draft is underway from Pittsburgh. Here are the Round 1 picks.
Patrick Bailey broke up a scoreless game with a three-run homer in the sixth inning after Shohei Ohtani left the mound, and the San Francisco Giants sent the two-time defending World Series champion Los Angeles Dodgers to their fourth loss in five games with a 3-0 win.
Jung Hoo Lee and Rafael Devers each hit RBI singles in the first inning that held up to support starter Landen Roupp, and the San Francisco Giants beat the Los Angeles Dodgers 3-1.
The San Francisco 49ers and star left tackle Trent Williams have agreed to a two-year, $50 million contract that gives the team clarity about the future of one of its most important players before the NFL draft.
A California man who posed as a police officer while robbing a spa business in the San Francisco Bay Area was arrested on Wednesday, authorities said.
A man convicted of stabbing two people in San Francisco in 2023, killing one victim, was sentenced on Thursday to 100 years to life in state prison, the District Attorney's Office announced Thursday.
Police in Salinas said they arrested two drivers allegedly involved in a street race after a multi-car crash injured several people earlier this month.
Police arrested four suspects in a smash-and-grab robbery at San Jose's Westfield Valley Fair Mall in January, with two of the suspects also linked to a separate armed robbery in San Jose days earlier.
Authorities on the Central Coast have launched an investigation following the death of an inmate at the Monterey County Jail in Salinas on Wednesday.
Meta plans to lay off roughly 10% of its workforce as the technology giant steps up its spending on artificial intelligence.
One woman's entire life savings was stolen from her by sophisticated scammers who used artificial intelligence to perfectly manipulate her.
The company behind Truth Social has lost more than $1 billion since going public two years ago, while its shares have tumbled 58% during the past 12 months.
The Oakland woman said she searched far and wide for her pet, Dash, with no luck. Shethen turned to the Internet for help, posting pictures and details about Dash's disappearance on several apps.
Attorney General James Uthmeier said his office launched a criminal investigation into OpenAI after reviewing conversation logs between ChatGPT and a Florida State University student accused of killing two people last year.
Health officials in San Francisco announced Wednesday that an infant who recently traveled outside the United States has tested positive for measles.
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.
The order places FDA-approved products containing marijuana and state-regulated medical marijuana products at a lower drug classification.
A bill aimed at tightening California's elderly parole program has failed to advance.
Voters in California may soon decide on a ballot measure that seeks to help the state's middle class afford to buy a home, by establishing a $25 billion loan program that would provide down payment assistance.
About half of Iran's stockpile of ballistic missiles and its associated launch systems were still intact as of the start of the ceasefire in early April, officials said.
Price Johnson, chief financial officer of game maker Cephalofair, is among those now filing claims
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.
The Trump administration agreed to restore the Stonewall National Monument's Pride flag in Greenwich Village after it was removed.
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.
Michael Tilson Thomas, the 12-time Grammy Award winning composer and famed conductor who led the San Francisco Symphony for a quarter century, has died.
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.
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.
Conductor, composer and pianist Michael Tilson Thomas, who died Wednesday at age 81, won 12 Grammys, was a Kennedy Center honoree, and a recipient of the National Medal of Arts.
Fremont Police Chief Floyd Mitchell spoke little about his time as Oakland's top cop and more about his future in Fremont with reporter Katie Nielsen.
Public defenders across the Bay Area wore black on Thursday to protest what they call a staffing and a funding crisis. Brad Hamilton reports.
Santa Clara County leaders laid out their action plan after the tragic death of a toddler in foster care, the third child to die in the county's child welfare system in the last three years. Kara St. Cyr reports.
For decades, hundreds of people were anchored out on Richardson Bay and in the process damaging the ecosystem, including the vital eel grass on the bay floor. Brian Hackney reports on the restoration project that's nearly complete.
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.