Homebuying demand dries up even as mortgage rates drop: Freddie Mac
The average 30-year fixed-rate mortgage was 7.03% for the week ending Dec. 7, according to Freddie Mac's latest Primary Mortgage Market Survey.
The average 30-year fixed-rate mortgage was 7.03% for the week ending Dec. 7, according to Freddie Mac's latest Primary Mortgage Market Survey.
Record share of home sellers drop prices in October as mortgage rates squeeze buyers' budgets: Redfin
Nearly 7% of for-sale homes posted a price drop during the four weeks ending October 29, on average, the highest portion on record, Redfin says.
Nearly 7% of for-sale homes posted a price drop during the four weeks ending October 29, on average, the highest portion on record, Redfin says.
Businesses near APEC took economic hit, owners say
Before the conference, city leaders talked about the $53 million it was expected to bring to San Francisco, but now some businesses around Moscone Center are saying that instead, they saw a dramatic decrease in business.
Before the conference, city leaders talked about the $53 million it was expected to bring to San Francisco, but now some businesses around Moscone Center are saying that instead, they saw a dramatic decrease in business.
BBQ truck stolen in Oakland at brewery closing over crime
A small business owner in Oakland was dealt a major blow just over two months after opening.
A small business owner in Oakland was dealt a major blow just over two months after opening.
Americans need extra $11K to afford same standard of living in 2021, Republican analysis finds
A new analysis has revealed how much more money Americans need now to meet the cost of living standards seen in 2021– prior to a rise in inflation.
A new analysis has revealed how much more money Americans need now to meet the cost of living standards seen in 2021– prior to a rise in inflation.
Grand Lake Kitchen lends helping hand to struggling SF Mexican restaurant
Hard times caused the owners of the popular authentic Mexican take-out spot in San Francisco, La Canasta, to close after more than 35 years of business.
Hard times caused the owners of the popular authentic Mexican take-out spot in San Francisco, La Canasta, to close after more than 35 years of business.
Spotify to cut 17% of workforce in third round of layoffs this year
“We now find ourselves in a very different environment," Spotify CEO Daniel Ek said. "And despite our efforts to reduce costs this past year, our cost structure for where we need to be is still too big."
“We now find ourselves in a very different environment," Spotify CEO Daniel Ek said. "And despite our efforts to reduce costs this past year, our cost structure for where we need to be is still too big."
New bike lane blamed for drop in business along popular SF Mission corridor
The owner of a small business on Valencia Street is blaming a new center bike lane for its demise and now other business owners in San Francisco's Mission District are letting city leaders know they oppose the lane.
The owner of a small business on Valencia Street is blaming a new center bike lane for its demise and now other business owners in San Francisco's Mission District are letting city leaders know they oppose the lane.
Companies are cutting worker benefits to offset the sting of high inflation
Companies looking to cut costs to offset the pain of high inflation are quietly paring back the non-cash benefits they offer to employees — and the problem may soon get worse.
Companies looking to cut costs to offset the pain of high inflation are quietly paring back the non-cash benefits they offer to employees — and the problem may soon get worse.
Gas prices’ downward trend continues – for now: AAA
Nationwide gas prices continue to fall. Lower gas demand has been a main contributor in limiting pump price increases amid rising oil prices, according to AAA.
Nationwide gas prices continue to fall. Lower gas demand has been a main contributor in limiting pump price increases amid rising oil prices, according to AAA.
The End: Bay Area movie theater calls it quits
Sunday was the last day of operation, ending the theater’s four decades worth of blockbusters and flicks, buckets of popcorn, countless chocolate candy, Coca-Cola and date nights.
Sunday was the last day of operation, ending the theater’s four decades worth of blockbusters and flicks, buckets of popcorn, countless chocolate candy, Coca-Cola and date nights.
Colorado poised to ban 'fatphobia' in workplace, housing
The law aims to prevent landlords from discriminating against renters due to weight limits and to implement workplace accommodations for overweight Americans.
The law aims to prevent landlords from discriminating against renters due to weight limits and to implement workplace accommodations for overweight Americans.
Berkeley business owners uplift each other during Small Business Saturday
The holiday shopping season has officially begun. Black Friday is followed by Small Business Saturday. It's the 14th year of the event, a day when customers are encouraged to spend their money at local small businesses.
The holiday shopping season has officially begun. Black Friday is followed by Small Business Saturday. It's the 14th year of the event, a day when customers are encouraged to spend their money at local small businesses.
SF Mission Street vendors asking city to delay air market ban
More than 100 street vendors are asking the City of San Francisco to pause plans to force them off Mission Street.
More than 100 street vendors are asking the City of San Francisco to pause plans to force them off Mission Street.
Sam Altman reinstated as OpenAI CEO days after being ousted, along with new board
The ousted leader of ChatGPT-maker OpenAI is returning to the company that fired him late last week, culminating a days-long power struggle that shocked the tech industry.
The ousted leader of ChatGPT-maker OpenAI is returning to the company that fired him late last week, culminating a days-long power struggle that shocked the tech industry.
OpenAI says ousted CEO Sam Altman to return to company behind ChatGPT
The ousted leader of ChatGPT-maker OpenAI is returning to the company that fired him late last week, the latest in a saga that has shocked the artificial intelligence industry.
The ousted leader of ChatGPT-maker OpenAI is returning to the company that fired him late last week, the latest in a saga that has shocked the artificial intelligence industry.
IRS delays $600 payment reporting rule for Venmo, Cash App and other payment apps
The IRS announced on Tuesday that it will delay implementing its $600 tax reporting requirement that was to take effect for the 2023 tax filing season.
The IRS announced on Tuesday that it will delay implementing its $600 tax reporting requirement that was to take effect for the 2023 tax filing season.
Gen Z attitude toward 9-to-5 job sparking debate about the difference in generational work ethics
Research shows Gen Z has different priorities when it comes to their workday. But, experts argue it's less about their willingness to work and more about their approach to work.
Research shows Gen Z has different priorities when it comes to their workday. But, experts argue it's less about their willingness to work and more about their approach to work.
Vandalized Smitten ice cream shop in San Francisco reopens with love
The owner of an ice cream shop in San Francisco plans to reopen after her store was vandalized almost a month ago.
The owner of an ice cream shop in San Francisco plans to reopen after her store was vandalized almost a month ago.
Hundreds of OpenAI employees threaten mass exodus following founder Sam Altman's ouster
Microsoft snapped up Sam Altman and another architect of OpenAI for a new venture after their sudden departures shocked the artificial intelligence world, leaving the newly installed CEO of the ChatGPT maker to paper over tensions by vowing to investigate Altman’s firing.
Microsoft snapped up Sam Altman and another architect of OpenAI for a new venture after their sudden departures shocked the artificial intelligence world, leaving the newly installed CEO of the ChatGPT maker to paper over tensions by vowing to investigate Altman’s firing.