Feds make decision on interest rates: What to know
Federal Reserve officials expect inflation to worsen in the coming months but they still foresee interest rate cuts by the end of this year.
California stands to lose $278 billion without undocumented workers: report
A new report has found that the economic impact of the federal government’s mass deportations in California could result in a loss of more than $278 billion for the Golden State.
Trump tariffs likely to raise appliance prices, experts say
Prices for major appliances jumped in May, and new tariffs backed by President Donald Trump are expected to push them even higher as manufacturers face rising costs for foreign-made materials.
CPI inflation report: Which prices changed the most last month
Here’s a closer look at May’s CPI inflation report, and which prices increased and decreased the most.
Inflation rose slightly in May, offset by cheaper gas and travel fares
The latest figures suggest tariffs haven’t impacted prices yet, but economists say that could change in coming months.
US layoffs spike nearly 50% as DOGE-driven cuts take center stage
Employers have announced nearly 80,000 planned hires in 2025 so far, though that's a historically low pace compared with recent years.
Procter & Gamble cutting up to 7,000 jobs amid tariffs, consumer uncertainty
Procter & Gamble, the maker of Tide detergent and Pampers diapers, says it will cut up to 7,000 jobs over the next two years.
Oakland residents sound off on eliminating 400 jobs, reducing police overtime
The Oakland City Council is taking steps to try to close a projected budget gap of more than $100 million for the next fiscal year. A town hall was held Wednesday night, with many residents expressing worry about potential cuts, amid ongoing concerns about crime and quality of life.
50% of California homeowners are under insured
It turns out that what your homeowners insurance company told you was enough to replace your home is based on a big lie.
People are moving out of these California cities the most, study says
Of the top 20 cities for move-outs, California accounts for seven.
Trump delaying 50% tariff on European Union
The president said Sunday he’s agreed to delay a 50% tariff on the EU that he threatened last week, after saying negotiations with the commission were “going nowhere.”
California Attorney General calls roundtable on tariff distress
On Friday morning, California business folks met with California Attorney General Rob Bonta to discuss what they face on the front lines of the tariff and trade war imposed on the Golden State. They had plenty to say.
Trump calls for 50% tariff on EU imports starting June 1
President Trump called for a “straight 50%” tariff on all imports from the European Union after complaining on social media that trade talks are “going nowhere.”
Walmart to lay off 1,500 employees after announcing price hikes
Walmart is restructuring its operations and cutting about 1,500 jobs as part of its new plan.
One Market Restaurant to close after 32 Years in San Francisco
One Market, a staple of San Francisco’s Financial District for more than 30 years, will close its doors next month.
Trump tells Walmart: ‘Eat the tariffs’
President Trump lashed back at Walmart over the weekend after the retail giant said it would be increasing prices to combat his tariffs.
Nintendo store comes to San Francisco Union Square, 2nd in nation
Nintendo's second U.S. store opened its door to the public on Thursday in San Francisco, drawing visitors from all over the Golden State for its inaugural opening.
Walmart raising prices due to tariff costs: What we know
Walmart says it will raise prices to counter higher costs from President Donald Trump’s tariffs, despite strong quarterly sales.
Nissan increases job cuts to 20K by 2027
The Japanese automaker aims to save $3.4 billion by 2027 amid financial losses and concerns over President Donald Trump's tariffs.
Microsoft to lay off about 3% of its workforce
Microsoft announced a round of layoffs this week that will affect thousands of employees.