Dow hits 40,000 for first time

The Dow Jones Industrial Average crossed 40,000 for the first time ever Thursday as investors celebrated solid earnings and a slight easing of consumer inflation last month. 

California's wine industry facing down turn

Every segment of the wine industry, from super premium to jug wines, is seeing slowing and sluggish sales. When it's all added up, the industry was down 8.7 percent last year. That directly affects more than 400,000 California jobs still fighting back from Covid.