Stock market opens down a day after Trump tariffs are paused
Jared Hill reports on futures showing U.S. stocks would be down a day after the pause of the Trump tariffs led to a market rebound.
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Jared Hill reports on futures showing U.S. stocks would be down a day after the pause of the Trump tariffs led to a market rebound.
Investors on overseas financial markets welcomed President Trump's decision to put most of his his sharp tariff hikes on hold for 90 days.
The S&P 500, Dow and Nasdaq surged after President Trump said he was freezing his "reciprocal tariffs" for 90 days.
The U.S. stock market surged immediately after President Trump announced the pause on most of his new "reciprocal tariffs."
Team coverage of President Trump pausing most new tariffs for 90 days while raising tariffs on China to 125%.
President Trump announced reciprocal tariffs on about 90 countries, including China and the European Union. Here's the list.
China said it will hike its levies on U.S. imports to 84% after President Trump hit Chinese goods with even higher tariffs.
Trump hit Europe with 20% tariffs, but a Virginia wholesaler says Americans could see 30% price hikes on some wines, and even U.S. producers face higher costs.
President Trump's tariffs on imports from dozens of countries kicked in Wednesday, including 104% on goods from China, dramatically ramping up a potential global trade war.
The stock market shed gains after the Trump administration announced it was moving forward with stiff tariffs on Chinese imports.
The U.S. will impose a 104% tariff on imports from China starting on Wednesday, according to White House officials.
President Trump and Israeli Prime Minister Benjamin Netanyahu met two days before new U.S. tariffs go into effect.
President Trump said he will slap more tariffs on imports from China if it doesn't withdraw a retaliatory tariff on U.S. products. Beijing bristled at his latest threat.
A San Francisco hardware store owner said 80 percent of the products he sells in his store are made outside the U.S., most of them in China.
It was a roller-coaster day in stocks as panic selling subsided, while President Trump threatened to hit China with a 50% tariff.
Stocks in the U.S. look set for another for another rough outing Monday as the Trump tariff fallout continues to roil global markets.
Countries targeted by President Trump for higher so-called reciprocal tariffs are due to go into effect on Wednesday.
Stocks continued to tumble in the U.S. Friday as financial markets suffered their biggest two-day drop since 2020.
California Gov. Gavin Newsom sent a message directed at world leaders on Friday in an attempt to blunt the retaliatory tariffs expected after the Trump administration's "Liberation Day" plans.
Beijing fires back at Trump's latest tariffs with a matching 34% tax on all U.S. imports and tightened export controls on rare earth elements.
Stock futures are pointing to another major drop in U.S. financial markets as global trade war risks rise.
Nasdaq also sinks more than 1,000 points as investors fret over the potential economic impact of President Trump's latest tariffs.
As President Donald Trump is set to implement a new round of tariffs, shares of RH, formerly Restoration Hardware, has been hit particularly hard. Kara St. Cyr reports.
Ludwig Chin-Carinia, a professor at the University of San Francisco, talks to CBS News Bay Area's Ryan Yamamoto about the impact to the stock market and retirement accounts in the wake of President Donald Trump's tariff announcement.
Ford rolls out employee pricing promotion as new 25% tariffs on U.S. auto imports take effect.
A shooting in Oakland over the weekend left four people injured, police said Monday.
A person who was fleeing from police in Antioch was hit and killed by a vehicle on Highway 4 in Antioch on Monday, authorities said.
A series of powerful Pacific storms will pound the Bay Area and Central Coast through Christmas week, bringing periods of heavy rain, damaging winds, flooding and dangerous surf, forecasters said Monday.
BART service in the East Bay is recovering after a situation at Fruitvale Station on Monday morning.
The singer said an MRI showed a cancerous spot on one of his lungs after he recovered from a lengthy bout of bronchitis.
A shooting in Oakland over the weekend left four people injured, police said Monday.
A person who was fleeing from police in Antioch was hit and killed by a vehicle on Highway 4 in Antioch on Monday, authorities said.
A series of powerful Pacific storms will pound the Bay Area and Central Coast through Christmas week, bringing periods of heavy rain, damaging winds, flooding and dangerous surf, forecasters said Monday.
BART service in the East Bay is recovering after a situation at Fruitvale Station on Monday morning.
The singer said an MRI showed a cancerous spot on one of his lungs after he recovered from a lengthy bout of bronchitis.
At 25th and Clement Produce Market, owner Spiros Johnson said the prolonged outage wiped out thousands of dollars in perishable inventory.
Pacific Gas and Electric said about 5,000 customers were still without power Monday after a massive outage over the weekend affected about 130,000 customers.
About 30% of San Francisco was without power at the height of the outage, according to utility provider PG&E.
Around 12:16 p.m., police were alerted to reports of a shooting at a business on the unit block of New Montgomery Street, near Market and Annie streets.
First responders responded to the 200 block of Malosi Street and found a victim who was injured.
A shooting in Oakland over the weekend left four people injured, police said Monday.
A person who was fleeing from police in Antioch was hit and killed by a vehicle on Highway 4 in Antioch on Monday, authorities said.
BART service in the East Bay is recovering after a situation at Fruitvale Station on Monday morning.
At least three more earthquakes struck in San Ramon Saturday night, according to data from the U.S. Geological Survey.
A series of earthquakes rattled the San Ramon area Friday night, with the largest being a preliminary magnitude 4.0, according to the U.S. Geological Survey.
Wyatt Johnston scored twice and the Dallas Stars beat the San Jose Sharks 5–3.
A chance encounter at the University of California, Santa Cruz, has led to the restoration of a long-time, massive display of a blue whale skeleton display at the university.
The family-owned restaurant has been drawing returning diners since opening in 1992, becoming a fixture in the South Bay dining scene.
A Bay Area engineer who was convicted of blowing up Pacific Gas & Electric Co. transformers in the San Jose area been sentenced to a decade in federal prison, prosecutors said.
Authorities in Santa Clara County arrested three suspects and recovered scores of plants and trees in connection with a retail theft scheme targeting greenery from local hardware stores.
Heavier rainfall and stronger winds prompted small businesses in low-lying flood-prone areas like Goodman Building Supply in Mill Valley to place sandbags in front of their entrance.
Soskin became a park ranger when she was 84 and worked at the Rosie the Riveter National Historical Park in Richmond. She was 100 when she retired.
The National Park Service said two people were captured on video throwing rocks at an elephant seal that was resting on a Point Reyes National Seashore beach on Dec. 6.
Despite rain in the forecast, much of Saturday in Santa Rosa remained dry, giving residents a brief window to run errands, enjoy the outdoors and prepare for the storms expected in the days ahead.
Widespread rain will begin in the afternoon and continue into the evening, and a flood watch will go into effect at 4 p.m. until 4 p.m. Monday for the North Bay.
Stephen Curry had 28 points, nine rebounds and six assists, Jimmy Butler scored 25 points, and the Golden State Warriors snapped a three-game losing streak by beating the Phoenix Suns 119-116.
As the San Francisco Giants prepare for the upcoming season, the team has made an acquisition beyond baseball, purchasing the historic Curran Theatre near Union Square.
Wyatt Johnston scored twice and the Dallas Stars beat the San Jose Sharks 5–3.
Jordan Goodwin made the go-ahead free throw with 0.4 seconds left, Devin Booker scored 23 of his 25 points in the second half and the Phoenix Suns escaped with a 99-98 victory over the Golden State Warriors on Thursday night.
Macklin Celebrini has become the fastest San Jose player to reach 50 points in a season.
A shooting in Oakland over the weekend left four people injured, police said Monday.
Pacific Grove police identified the missing swimmer as a 55-year-old Monterey County woman and said that search efforts were suspended on Monday.
The National Park Service said two people were captured on video throwing rocks at an elephant seal that was resting on a Point Reyes National Seashore beach on Dec. 6.
Around 12:16 p.m., police were alerted to reports of a shooting at a business on the unit block of New Montgomery Street, near Market and Annie streets.
First responders responded to the 200 block of Malosi Street and found a victim who was injured.
Sports betting companies face mounting competition from rapidly growing prediction markets such as Kalshi and Polymarket.
Instacart's "unlawful tactics" hurt shoppers and raised the cost of groceries, according to the FTC.
The lack of fuel availability for hydrogen fuel-cell vehicles has prompted 700 Mirai owners to sue Toyota, an attorney said.
The DMV said it is giving Tesla Motors 60 days to address its misleading use of "autopilot," or it could have its dealer license temporarily suspended.
iRobot, which introduced the Roomba vacuum cleaner in 2002, vows to continue supporting its products despite Chapter 11 filing.
Millions of people with an Affordable Care Act health plan face a massive jump in premiums next year — this chart shows just how much.
A California digital health company and a Florida medical practice have been indicted in an alleged $100 million scheme to illegally distribute Adderall over the internet to patients across the country who didn't need it, federal prosecutors said Wednesday.
"I don't know how I'm going to pay for this," said one person with an Affordable Care Act plan that will cost her $1,100 a month starting in January.
California's public health department said one person has died and several others have suffered severe liver damage due to eating toxic mushrooms that were foraged.
Officials in Monterey County have issued a warning to people foraging for wild mushrooms amid a rise in poisonings.
The Justice Department is facing continued backlash over its partial releases of the Epstein files, with lawmakers and survivors denouncing the limited scope of the disclosures.
The Department of Homeland Security has tripled its "exit bonus" offered to undocumented migrants who voluntarily leave the United States by Dec. 31, 2025.
If caught and seized, it would be the third Venezuelan tanker taken by the U.S. this month.
Get-ready-with-me videos saturate social media feeds, targeting young girls with multi-step skincare routines where popular brands partner with kid-fluencers to create viral skincare products. The skincare industry is cashing in on so-called "Sephora kids," fueled by Gen Alpha (kids under 12). But dermatologists warn that many viral products contain anti-aging ingredients that can harm young skin, and it's hard to tell the products apart. A California lawmaker wants to restrict the sale of some anti-aging products for kids under 18. Critics say that's misguided. So, CBS News California investigative correspondent Julie Watts teamed up with her daughter's fifth-grade class and the CBS News Confirmed team to examine the risks and the proposed solutions. WATCH PART 1 - Investigating "Sephora Kid" Concerns: How skincare brands make billions selling products to tweens. WATCH PART 2 - Investigating "Sephora Kids" Solutions: Fifth-graders help investigate California bill targeting anti-aging skincare sales to minors. READ MORE HERE: https://www.cbsnews.com/news/skincare-industry-products-tweens-harm-young-skin/
The episode has deepened concerns that had already emerged from the Justice Department's much-anticipated document release.
A 16-year FBI employee has filed a lawsuit alleging he was fired last month because he had a Pride flag displayed near his desk.
A group of transgender members of the U.S. Air Force and Space Force forced to leave active duty under the Trump administration's policies say their benefits were revoked in a rare move.
California state Sen. Scott Wiener of San Francisco announced Wednesday that he is running for Nancy Pelosi's congressional seat next year.
Advocacy group The Trevor Projected released data from the first year of a study following more than 1,600 LGBTQ+ youth across the country.
A former Yosemite employee says they've been fired by the National Park Service, three months after flying a transgender pride flag from El Capitan.
The singer said an MRI showed a cancerous spot on one of his lungs after he recovered from a lengthy bout of bronchitis.
Chris Rea found fame in the 1980s in Britain with hits such as "Fool (If You Think It's Over)" and "Let's Dance."
James Ransone, the actor who played Ziggy Sobotka in the HBO series "The Wire" and appeared in many other TV shows and movies, has died.
Comedian and actor Bowen Yang performed his final sketch on "SNL" Saturday night, after announcing his unexpected mid-season exit from the show.
As the San Francisco Giants prepare for the upcoming season, the team has made an acquisition beyond baseball, purchasing the historic Curran Theatre near Union Square.
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.
Scott Rates reports on a swimmer who went missing at Lover’s Point in a possible shark encounter. 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
Kara St. Cyr reports on how East Bay residents and city crews are preparing for stormy weather. 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
Eucalyptus Avenue in San Carlos is decked out for the holidays every year. Lauren Toms introduces the couple who make the magic happen.
San Lorenzo Family Help Center says it is doing its best to keep up with growing demand this holiday season. Sooji Nam reports.
Meteorologist Darren Peck says the Bay Area will be hit by more heavy rain and gusty winds this week.
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.