Dow plunges nearly 1,000 points amid sharp drop in U.S. hiring
Signs that the job market is slowing down are renewing investor concerns that the U.S. economy is losing steam.
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Signs that the job market is slowing down are renewing investor concerns that the U.S. economy is losing steam.
GameStop's stock price surged more than 40% after Keith Gill indicated he would appear on YouTube for the first time in three years.
GameStop's stock price jumped more than 87% in pre-market trading following post on Reddit linked to trader Keith Gill.
Nvidia on Wednesday overshot Wall Street estimates as its profit skyrocketed, bolstered by the chip-making dominance that has made the company an icon of the artificial intelligence boom.
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.
Lyft shares jumped 62% after the bell Tuesday thanks in part to a typo in the ride-hailing company's earnings release that sent investors' auto-trading algorithms — also known as "bots" — into a buying frenzy.
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.
Shares of Nvidia, already one of the world's most valuable companies, skyrocketed Thursday after the chipmaker forecast a huge jump in revenue, signaling how vastly the broadening use of artificial intelligence could reshape the tech sector.
Mark Lehmann, CEO of JMP Securities, a Citizens Company, joined CBS News on Friday to discuss the state of the tech industry and the U.S. economy after the closing bell on Wall Street.
It has been a trying week for the stock market and investors, with all major indices in the red on Friday. Hope King, business reporter for Axios, discusses what may be coming next, and how you can protect your money.
Dow swings more than 1,300 points as investors glimpse reasons for hope in September consumer price index.
Wall Street is concerned that Friday's stronger-than-expected jobs report could prompt more rate hikes from the Fed.
Dow has soared more than 1,500 points in two days, regaining some ground lost in the previous two weeks.
Naomi Ruchim reports on effort by Feds to curb inflation by hiking interest rates (9-21-2022)
Stocks closed sharply lower Wednesday after the Federal Reserve made another big interest rate hike and sharply increased its outlook for how high it expects to raise rates in coming months.
An Oakland investment advisor was charged with securities fraud and insider trading on Tuesday, the U.S. Department of Justice announced.
The market swoon adds to weekly losses sparked by a hotter-than-expected inflation report.
New government data shows consumer prices surged 8.3% in August over last year, but down from a 40-year high in June.
CEO Vlad Tenev says soaring inflation and cryptocurrency crash is discouraging customers from trading.
Investors are monitoring economic data for clues on inflation trajectory, with eye on Friday release of June employment numbers.
Rising prices on everything from gas to food and stock market woes have many families wondering what to do during times like these.
Stocks are in a bear market and inflation is at a 40-year high. Kenny Choi has tips to protect your self and manage your family's finances in these volatile times.
Most stocks on Wall Street dipped Tuesday in their first trading after tumbling into a bear market on worries that high inflation will push central banks to clamp the brakes too hard on the economy.
It wasn't just traditional markets that took a bath on Monday, the emerging crypto markets also went underwater to the tune of $200 billion.
One person was taken to a hospital after an e-bike caught on fire inside a room in San Francisco on Saturday night, firefighters said.
A San Francisco tech billionaire is leading an effort to bring back local crab in time for Thanksgiving, arguing the issue is about more than tradition.
Jonathan Aranda hit a two-run single in Tampa Bay's three-run fifth inning and the Rays defeated the San Francisco Giants 5-1.
UC Berkeley hosted a conference for people who are imagining the true reach of human longevity.
Cherie DeVaux became the first woman to train the winner of the opening leg of the Triple Crown.
One person was taken to a hospital after an e-bike caught on fire inside a room in San Francisco on Saturday night, firefighters said.
A San Francisco tech billionaire is leading an effort to bring back local crab in time for Thanksgiving, arguing the issue is about more than tradition.
Jonathan Aranda hit a two-run single in Tampa Bay's three-run fifth inning and the Rays defeated the San Francisco Giants 5-1.
UC Berkeley hosted a conference for people who are imagining the true reach of human longevity.
Cherie DeVaux became the first woman to train the winner of the opening leg of the Triple Crown.
One person was taken to a hospital after an e-bike caught on fire inside a room in San Francisco on Saturday night, firefighters said.
A San Francisco tech billionaire is leading an effort to bring back local crab in time for Thanksgiving, arguing the issue is about more than tradition.
It will go into effect at 11 a.m. and will remain through Sunday evening. The NWS said it was issued as there is an increased risk of sneaker waves and rip currents.
At the Lucile Packard Children's Hospital at Stanford University, an incredible collaboration is taking place between a 16-year-old high school student and the medical staff.
Police in San Francisco said a drone unit helped lead to the arrest of two people suspected of robbing a victim of their gold chain earlier this week.
UC Berkeley hosted a conference for people who are imagining the true reach of human longevity.
According to Oakland Fire, two people were seriously injured, three had minor injuries, and two people refused care. Their condition as of Saturday afternoon was not known.
Police said the investigation and arrests stem from a sideshow that happened on Sept. 25, 2025.
Hundreds of workers and labor advocates gathered in East Oakland on Friday to mark May Day, also known as International Workers' Day, using the annual event to call for a range of political and economic changes.
Three men were arrested after multiple Bay Area law enforcement agencies targeted child predators in a sting operation in Newark this week, police said Friday.
A Monterey County man is accused of multiple felonies, including attempted murder, human trafficking and weapons offenses, after he allegedly strangled a woman, authorities said.
Police in San Jose released sketches of two suspects as they seek to solve the cold case killing of a teenager.
Archaeologists are learning more about one of the oldest Chinese villages in California history, which is part of this reporter's own heritage.
A wayward sea lion pup that was found in the middle of a street in Sunnyvale last month has been rehabilitated and released into the wild, authorities said Thursday.
A man wanted for vandalism on California's Central Coast was arrested by European authorities in connection with an alleged terror attack in Czechia, authorities said.
A whale washed ashore on the Mendocino County coast, as researchers say the numbers of reported whale deaths appear to be rising on the West Coast.
Authorities in Sonoma County are seeking help from the public after a series of copper wire thefts have led to phone and internet service disruptions in the western part of the county.
A rock climber at a remote coastal area in Sonoma County who needed medical assistance after a fall was rescued by a helicopter crew over the weekend, authorities said.
Police in Santa Rosa have arrested a man on multiple felony charges after he allegedly slashed the tires of dozens of vehicles in a neighborhood.
Police are offering a reward for the public's help following an armed robbery and shooting at a Santa Rosa market over the weekend.
Jonathan Aranda hit a two-run single in Tampa Bay's three-run fifth inning and the Rays defeated the San Francisco Giants 5-1.
Cherie DeVaux became the first woman to train the winner of the opening leg of the Triple Crown.
Yandy Diaz and Junior Caminero homered to back six strong innings from Shane McClanahan and the Tampa Bay Rays beat the San Francisco Giants 3-0 on Friday night.
The Kentucky Derby saw a field of 18 horses Saturday in the first leg of the 2026 competition for horse racing's Triple Crown.
Kyle Schwarber hit a tying double with two outs in the ninth inning, Alec Bohm delivered with his glove and bat in the 10th, and the Phillies defeated the Giants 6-5 to sweep their split doubleheader.
According to Oakland Fire, two people were seriously injured, three had minor injuries, and two people refused care. Their condition as of Saturday afternoon was not known.
Police said the investigation and arrests stem from a sideshow that happened on Sept. 25, 2025.
Three men were arrested after multiple Bay Area law enforcement agencies targeted child predators in a sting operation in Newark this week, police said Friday.
A Monterey County man is accused of multiple felonies, including attempted murder, human trafficking and weapons offenses, after he allegedly strangled a woman, authorities said.
Police in San Jose released sketches of two suspects as they seek to solve the cold case killing of a teenager.
As AI-generated music spreads, Spotify says it wants to help users "trust the authenticity" of what they're listening to.
A memory chip shortage is driving up computer prices for consumers, reversing a decades-long drop in hardware costs.
The technology uses ultra-low sound waves as a way to extinguish a fire. It was just a theory until 2015, when a pair of students at George Mason University demonstrated the world's first sonic fire extinguisher.
The new Department of Motor Vehicles regulations allow law enforcement agencies to issue notices of traffic violations to autonomous vehicle companies when their cars commit moving violations.
Elon Musk alleges that OpenAI reneged on a promise to operate as a nonprofit dedicated to human progress.
An ice cream company based in the San Francisco Bay Area is recalling dozens of products after they were sold without labels disclosing potentially dangerous allergens.
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.
Hundreds of workers and labor advocates gathered in East Oakland on Friday to mark May Day, also known as International Workers' Day, using the annual event to call for a range of political and economic changes.
May Day protesters disrupted access to the terminals at San Francisco and Oakland airports on Friday, authorities said.
Negotiations over a $500 million dollar government aid package for Spirit stalled after bondholders balked at the terms.
San Francisco is expanding availability of free and low-cost childcare for the city's working families, by adding hundreds of spots for infants and toddlers.
The longest shutdown of a federal department in U.S. history came to an end on Thursday when President Trump signed a bill to fund most of the Department of Homeland Security following a breakthrough on Capitol Hill.
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.
At Last Rites, the weekly gathering goes beyond simply watching a television show. For fans, it's an immersive experience, one that brings them closer to the world of "Survivor," and to each other.
Jake was at the funeral for one of his closest friends when he learned of his parents' deaths, he said.
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.
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.
One person was taken to a hospital after an e-bike caught on fire inside a room in San Francisco on Saturday night, firefighters said.
This comes after a contractor accidentally leaked cement slurry into the drinking water line.
Here's a look at the weather forecast Saturday evening.
Ripple co-founder Chris Larsen says it's not just about restoring a San Francisco tradition, it's also about righting a wrong and speaking up for local fishermen.
John Ramos 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.