California to relaunch loan program for 1st time home buyers next month
Next month, California will relaunch a popular program that gives affordable loans to first-time home buyers, but this time the state is tightening the requirements for applicants.
Macy's closing 150 stores nationwide, including San Francisco's flagship Union Square store
Macy's will close 150 stores nationwide in the next two years, including San Francisco's flagship Union Square store.
Wendy's to test 'surge-pricing' menu that updates based on demand
Dynamic pricing, similar to Uber, is coming to Wendy's. The chain will invest in new high-tech digital menus to adjust prices depending on restaurant traffic.
San Francisco store provides shoppers with escorts to deter stealing
A revered and long serving San Francisco independent small business may be establishing a new model of how to fight ramapnt theft by upping customer service with a plan that seems to be something patrons will happily tolerate.
Capital One - Discover merger: What we know and how it impacts you
Capital One's acquisition of Discover for $35.3 billion will have a major impact on consumer and financial services once the deal is finalized. Here's what you need to know.
Capital One to purchase Discover Financial for $35 billion
Capital One Financial is buying Discover Financial Services for $35 billion, in a deal that would bring together two of the nation’s biggest lenders and credit card issuers.
FAFSA glitch blocks students' financial aid applications
Students trying to get federal financial aid for college have had their applications rejected if they have a parent who does not have a Social Security number, according to reports.
Super Bowl party preparations: A food-focused unofficial holiday
All over the East Bay on Friday, football fans were getting ready for the big game on Sunday, with a lot of red and white, including food and wine. It's one of America's favorite food-focused days of the year.
South Bay businesses prepare for Super Bowl Sunday customers
Many South Bay restaurants and businesses are bracing for a crush of customers on Super Bowl Sunday. One establishment says its weekly food & beverage order is 60% larger this week.
Could drinking alcohol on sidewalks help California's economy?
Could downtown cities in California become the new Las Vegas?
Top Federal Reserve official says inflation fight seems nearly won, with rate cuts coming
A top Federal Reserve official said Tuesday that he is increasingly confident that inflation will continue falling this year back to the Fed's 2% target level, after two years of accelerating price spikes that hurt millions of American households.
Major bank announces elimination of 20,000 jobs after losses
Citigroup announced a net loss of $1.8 billion in the fourth quarter.
Jobs juggernaut move forward in economy
The nation's jobs market is still moving ahead, but a slight slower pace. It’s, a Goldilocks pace that is neither too hot or too cold.
Lower gas prices expected in 2024 and weather, geopolitics could play role
Analysts said growing oil production in the U.S., as well as greater inventories, could lead to prices falling by at least 15 cents through the year.
2023 the year in jobs, employment and labor
The year of 2023 was both reserved and raucous in terms of the labor market cooling and labor unions colliding with employers. As every year and using the latest numbers available, we look at the evolution of employment year over year.
US national debt nears $34 trillion; majority of voters say economy is in bad shape
The U.S. government’s total debt was fast approaching $34 trillion as of Friday afternoon, according to the latest numbers from the U.S. Treasury.
Gen X advised to ‘stop spending’ due to largest retirement savings wealth gap of any generation
Economist argues less spending equals a 'milder’ recession.
Bay Area food banks pushing to meet growing need
Six months ago, life took a downturn for San Jose resident Tulei Logotaeao. She recounted losing her job as food prices surged, leading her to rely on Lord’s Pantry in East San Jose for most of her groceries each month.
Organized retail crime not as prolific as the individual shoplifter, data shows
Despite what you may see on TV, individual shoplifting is the greater detriment to retailers than organized crime that has seen groups raiding stores.
California jobs defying economic gravity
The nation gained 199,000 jobs in October, well above the projections but lower than the monthly average for the year. California made up 40,000 of those jobs, 20 percent of new jobs nationally, well above its percentage of the national workforce.