Big Lots plans to close 10 stores in the Bay Area

The discount retail chain, Big Lots, announced they are closing 75 stores in California and 10 of them are in the Bay Area.

Economist urges Fed to meet 'now' to cut rates as stocks tumble: It's a 'frightening time'

Economist Stephen Moore urged the Federal Reserve to address falling commodity prices and shift from inflation concerns to deflation, while Fed Chairman Jerome Powell indicated a potential rate cut if inflation cools, amidst a market meltdown driven by recession fears.

Dow drops 1K points, Japanese stocks suffer worst crash since 1987

Nearly everything on Wall Street is tumbling Monday as fear about a slowing U.S. economy worsens and sets off another sell-off for financial markets around the world.

Candy company behind Rocky Road, Abba-Zaba, others, to close Hayward factory

Annabelle Candy Company, the Hayward-based candy manufacturer behind Abba-Zaba, Big Hunk, and Rocky Road, among other sweet tooths' favorites, will close its factory this fall. 

Bay Area cities that rank the worst for new home buyers

Three Bay Area cities are at the top of the list for the worst places in America for first-time home buyers. And there’s a variety of disheartening reasons.

$15M in grants offered to diverse, small businesses in Oakland

Kaiser Permanente is partnering with organizations in shelling out millions of dollars for Oakland small businesses.

Study ranks US states with most financially-distressed residents

WalletHub's recent study reveals the U.S. states with the most financially-distressed residents, highlighting surprising trends and economic struggles. Michigan tops the list, followed closely by Texas and Nevada.

US national debt tops $35 trillion, hitting new record

The U.S. gross national debt hit $35,001,278,179,208.67 on Monday, according to the Treasury Department.

Tesla's profit drops 45% as sales decline despite price cuts

Tesla’s second-quarter net income fell 45% compared with a year ago as the company’s global electric vehicle sales tumbled despite price cuts and low-interest financing.

Bay Area office vacancies hit record highs, here's why:

Office space vacancies in the Bay Area’s largest cities have reached new highs, according to a new report.

Social Security just announced a change for millions of beneficiaries

Millions of Social Security recipients must switch to a new Login.gov portal to continue accessing their online account information, as announced by the Social Security Administration.

Bay Area DoorDash drivers face waitlist amid gig economy shift

Catherine Mojica of Fremont said she earned good money as a full-time rideshare driver years ago and when she found herself in need of some extra cash, she decided to sign up to be a delivery app driver.

Amazon Prime Day can become a 'porch pirates' paradise'

Today is Amazon's Prime Day, a gigantic e-commerce day, where millions goggle up billions of dollars worth of goods, often for door-to-door delivery. But, the goods really are not delivered until if and when they get in your hands.

12 Bay Area cities top 'America's Wealthiest Suburbs'

We get it. The Bay Area is expensive. But one consumer website drives the point home with a new list that shows the Bay Area dominates when it comes to the 50 wealthiest suburbs in the country. 

U.S. unemployment rate rises to 4.1% with 206,000 jobs added in June

U.S. employers added 206,000 jobs in June, exceeding expectations, with the unemployment rate rising to 4.1%, while April and May job data was revised down, average hourly earnings increased by 3.9%, and hiring was strong in government, social assistance, and health care, influencing potential Federal Reserve rate cuts.