Oil prices surge amid Israel-Hamas war
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.
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.
Does the huge drop in the Dow Jones and other indices mark the end of a historic run that dates back to the pandemic's early days?
It's been quite a month for San Francisco Bay Area tech guru Elon Musk. Space X has successfully launched a crew to the International Space Station and also lifted the Sentinel-6 satellite into orbit and now Tesla has helped fuel the stock market's historic climb.
While the Dow soared at the opening bell -- fueled by Pfizer announcing promising vaccine news and Joe Biden's election to the White House -- three of the cornerstones of Silicon Valley's FAANG stock engine were actually bucking the trend.
Stocks tumbled more than 942 points on the Dow Wednesday on worries the worsening pandemic will mean more restrictions on businesses and drag down the economy.
Wall Street got a painful reminder of the threat the coronavirus pandemic poses to the economy Monday, and a big early gain for stocks suddenly flipped to losses after California rolled back its reopening plans amid a spike in cases.
Stocks surged on Wall Street to their highest levels since the business shutdowns took hold in the U.S. over two months ago, climbing on optimism Tuesday about the reopening economy even as the nation's official death toll from the coronavirus closed in on 100,000.
The Dow Jones Industrial Average fell 631.56 points, or 2.7%, to 23,018.88, and the Nasdaq was down 297.50, or 3.5%, to 8,263.23.
U.S. stocks tumbled once again on Friday, as coronavirus fears continue to mount, with Bay Area tech stocks taking a significant hit.
Stocks closed sharply lower in another dizzying day on Wall Street, putting the market on track for its worst month since early 2009.
The Nasdaq fell into correction on Wednesday, with tech stocks sinking following disappointing results from Texas Instruments and AT&T.
The Dow dropped 327 points on Thursday, with selling accelerating after Treasury Secretary Steven Mnuchin backed out of a conference in Saudi Arabia.
For a second day, the stock market sell-off didn't let up. The Dow dropped more than 540 Points
The Dow plunged more than 392 points, or 1.6%, on fears about political turmoil in Italy and renewed trade uncertainty between the United States and China.
Trade war fears and a presidential attack on Amazon are rocking Wall Street.
The Dow dropped about 345 points, or 1.4%, on Tuesday, completely reversing a 244-point gain from early in the day.
The Dow surged 669 points — its third-biggest point gain in history — and had its best day in two and a half years.
Facebook's worst day in four years dragged the stock market down.
The Dow dropped 420 points on Thursday after President Trump said his administration will impose tariffs on steel and aluminum imports.
The Dow Jones industrial average closed above 25,000 points for the first time, just five weeks after its first close above 24,000.
Stocks are mostly lower Wednesday, but a big gain for Apple sent the Dow Jones industrial average above 22,000 for the first time.
Stocks soared again to historic levels Wednesday, closing above 21,000 points on the Dow Jones for the first time in exchange history.
Dow Jones industrials close above 19,000 for the first time Tuesday as a post-election rally continues to push market to records.
Dow Jones tumbled more than 500 points during Friday's trading session, dropping below 16,000 points as the financial markets suffered another day of setbacks with many Silicon Valley stocks losing value.
A single-vehicle crash in Pleasanton Wednesday evening has resulted in "multiple fatalities," police said Thursday.
A teenager was arrested Wednesday by the San Joaquin County Sheriff's deputies after allegedly leading them on a long pursuit in a stolen vehicle.
A vehicle exploded in Daly City's Westlake District on Wednesday morning, according to police.
Vallejo police arrested someone who used a stolen car with a gun inside to ram a police car six times trying to flee police earlier this week.
A former president of a San Jose elementary school enrichment program allegedly enriched herself by embezzling over $400,000 from the organization, police said Wednesday.
A single-vehicle crash in Pleasanton Wednesday evening has resulted in "multiple fatalities," police said Thursday.
A teenager was arrested Wednesday by the San Joaquin County Sheriff's deputies after allegedly leading them on a long pursuit in a stolen vehicle.
A vehicle exploded in Daly City's Westlake District on Wednesday morning, according to police.
Vallejo police arrested someone who used a stolen car with a gun inside to ram a police car six times trying to flee police earlier this week.
A former president of a San Jose elementary school enrichment program allegedly enriched herself by embezzling over $400,000 from the organization, police said Wednesday.
A vehicle exploded in Daly City's Westlake District on Wednesday morning, according to police.
San Francisco is in the process of making the area near the deadly West Portal crash safer, but residents are worried the decision may be rushed.
San Francisco appears headed for its first mega-project housing development since the pandemic.
The 67th San Francisco International Film Festival begins Wednesday with a variety of screenings including the documentary "Counted Out," which will have its West Coast premiere Sunday.
A Redwood City man changed his career path - from running Stanford's Digital Language Lab to going to beauty school - so he could serve his community in a way that's more meaningful to him.
A single-vehicle crash in Pleasanton Wednesday evening has resulted in "multiple fatalities," police said Thursday.
There was a sign of hope for a family waiting for the safe return of their loved one.
Oakland is about to expand its network of bike lanes, and business owners are once again raising concerns.
Aaron Judge hit a two-run homer in the first inning after Oakland starting pitcher Joe Boyle was called for a balk on the previous pitch and the New York Yankees beat the Athletics 7-3.
Documents filed by Tesla with the state of California show nearly 3,000 workers in Fremont and Palo Alto will be among the mass layoffs announced by the electric automaker earlier this month.
A former president of a San Jose elementary school enrichment program allegedly enriched herself by embezzling over $400,000 from the organization, police said Wednesday.
A bomb threat at San Jose City College Wednesday evening led the school to evacuate the campus and cancel all night classes, according to school officials.
The San Jose Sharks announced Wednesday that head coach David Quinn has been relieved of his duties, following one of the worst seasons in team history.
A caregiver to an elderly South Bay couple has been arrested on elder abuse charges after he allegedly used their debit card to steal thousands of dollars from the couple, deputies said Tuesday.
A volunteer group that picks up trash around San Jose is gaining attention for its high-energy and fast-paced clean
Vallejo police arrested someone who used a stolen car with a gun inside to ram a police car six times trying to flee police earlier this week.
Mill Valley native Art Schallock is enjoying his latest accomplishment as Major League Baseball's oldest living former player.
The Sonoma County Sheriff's Office is asking the public for help after identifying a John Doe whose identity had been unknown since 2001.
A second pedestrian in two days was killed in Fairfield early Wednesday morning.
Despite a cyberattack Wednesday, the Solano County Library remains open for patrons.
Mill Valley native Art Schallock is enjoying his latest accomplishment as Major League Baseball's oldest living former player.
Aaron Judge hit a two-run homer in the first inning after Oakland starting pitcher Joe Boyle was called for a balk on the previous pitch and the New York Yankees beat the Athletics 7-3.
Francisco Lindor hit a pair of two-run homers and the New York Mets avoided a three-game series sweep with an 8-2 win over the San Francisco Giants.
The San Jose Sharks announced Wednesday that head coach David Quinn has been relieved of his duties, following one of the worst seasons in team history.
San Francisco Giants left-hander Blake Snell was scratched from Wednesday's scheduled start against the New York Mets and placed on the 15-day injured list with a left adductor strain.
A teenager was arrested Wednesday by the San Joaquin County Sheriff's deputies after allegedly leading them on a long pursuit in a stolen vehicle.
Vallejo police arrested someone who used a stolen car with a gun inside to ram a police car six times trying to flee police earlier this week.
A former president of a San Jose elementary school enrichment program allegedly enriched herself by embezzling over $400,000 from the organization, police said Wednesday.
Harvey Weinstein's 2020 conviction on felony sex crime charges has been overturned by the State of New York Court of Appeals.
A bomb threat at San Jose City College Wednesday evening led the school to evacuate the campus and cancel all night classes, according to school officials.
Documents filed by Tesla with the state of California show nearly 3,000 workers in Fremont and Palo Alto will be among the mass layoffs announced by the electric automaker earlier this month.
Facebook and Instagram parent company Meta says its first-quarter profit more than doubled, boosted by higher advertising revenue and a 6% increase on the average price of ads on its platforms.
Oracle Corp. CEO Larry Ellison says the business software giant's planned campus in Nashville, Tennessee, will serve as its world headquarters and place it in a city that's a center of the health care industry.
Lawmakers argue the Chinese government can use the widely popular video-sharing app as a spy tool and to covertly influence the U.S. public.
Customers who rely on government assistance programs can get same perks as Prime members, for less.
UnitedHealth said it paid the criminals behind attack that crippled hospitals and pharmacies to protect sensitive patient data.
The CDC estimates the U.S. could reach 300 measles cases in 2024 — more than the recent peak two years ago.
California law says genetic testing companies have to get your permission before they store, use or sell your DNA, but the state itself doesn't have to get your permission and has been storing DNA samples from every baby born there since the '80s. Lawmakers want to change that, but face an uphill battle.
More than 20 people have been stricken after getting fake or mishandled injections in homes and spas, feds warn.
Families of children with a rare autoimmune disorder are hoping new legislation in Sacramento will help their loved ones get the treatment they need.
The Supreme Court convenes Thursday to consider whether former President Donald Trump is entitled to broad immunity from criminal charges in the 2020 election case.
Oakland is about to expand its network of bike lanes, and business owners are once again raising concerns.
San Francisco is in the process of making the area near the deadly West Portal crash safer, but residents are worried the decision may be rushed.
San Francisco appears headed for its first mega-project housing development since the pandemic.
With the summer travel season looming and with as more people take to the skies at Bay Area airports, new rules are aiming to help passengers fed up with delays, cancellations, lost luggage and hidden fees.
One of San Francisco's oldest LGBTQ bars, on Saturday the Stud re-opened it's doors for the first time in four years at a new location.
A California judge has tentatively sided with state Attorney General Rob Bonta in a dispute over the title of a proposed ballot measure that would require school staff to notify parents if their child asks to change gender identification at schools.
On Friday morning, a special ceremony held on board the USNS Harvey Milk paid homage to the San Francisco gay rights icon who is its namesake.
CBS News national security correspondent David Martin says the naming of the USNS Harvey Milk is a statement that LGBTQ+ rights matter in the U.S.
The naming of the USNS Harvey Milk is just one sign of a very different U.S. military than what many LGBTQ veterans experienced, including one Bay Area army veteran, who reflected on his painful exit from service and how things have changed.
The 67th San Francisco International Film Festival begins Wednesday with a variety of screenings including the documentary "Counted Out," which will have its West Coast premiere Sunday.
The defense attorney representing a former Los Angeles-area gang leader accused of killing hip-hop music icon Tupac Shakur in 1996 in Las Vegas said Tuesday his client's accounts of the killing are fiction and prosecutors lack key evidence to obtain a murder conviction.
Organizers of the annual Outside Lands Music Festival at San Francisco's Golden Gate Park revealed the lineup for the 2024 event.
The 67th San Francisco International Film Festival begins Wednesday night, presenting a smaller program than in years past that will continue through Sunday.
A long-dormant Suicidal Tendencies side project led by singer Mike Muir and former bassist Robert Trujillo (currently in Metallica), Infectious Grooves brings their goofy funk-metal songs to the UC Theatre Saturday for their first Bay Area show in years.
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.
Thursday 7 a.m. news update from KPIX
Darren Peck shows where in the Bay Area residents could see a few drops of rain. 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
A vehicle exploded in Daly City's Westlake neighborhood on Wednesday morning, according to police.
U.S. economic growth slowed more than expected in first quarter of 2024, with inflation-weary consumers tightening their belts and spending less, the government reported on Thursday. Interview with CBS business analyst Jill Schlesinger.
Andrea Nakano reports on a Bay Area native who was taken hostage by Hamas. 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
A Redwood City man changed his career path - from running Stanford's Digital Language Lab to going to beauty school - so he could serve his community in a way that's more meaningful to him.
A San Francisco-based nonprofit created by this week's Jefferson Award winner helps low income and unsheltered people stay healthy and feel good about themselves.
A trio who's led the way in keeping San Mateo County beaches clean is launching a whale of an idea for Earth Day.
Two Peninsula mothers are encouraging San Mateo County youth to think about how they can care for the environment and express themselves using the video tools they already use.
An Oakland man is bringing families together to break the cycle of violence in a neighborhood known for violent crime.
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.
A onetime pupil has now become a student advisor, giving back after years of mentorship led him to success.
Police departments all over the country are having a hard time finding new officers, but one Bay Area student is criss-crossing the world while preparing for a career in law enforcement here at home.
When most people graduate from college, they tend to focus on one job. But this month's Students Rising Above scholar is currently juggling multiple workplace assignments.