August jobs report shows job losses for US-born workers, gains for foreign-born

The August jobs report reveals a sharp contrast in the U.S. job market, with US-born workers losing over 1.3 million jobs in the past year, while foreign-born workers gained more than 1.2 million jobs.

Done deal: Oakland finalizes sale of Coliseum

Representatives of the ownership group that recently took over the Oakland Coliseum celebrated with city leaders on Tuesday at a press conference in the Coliseum's parking lot, hours ahead of one of the Oakland Athletics baseball team's final home games at the site.

Labor Day 2024 vs. Labor Day 2023: changes in the job outlook

Labor Day became a national holiday 130 years ago to honor workers' contributions to the economy and American culture.

California home insurance rates unsustainable, watchdog group questions

With the Department of Insurance approving an average 34% increase across its 350,000 policyholders, Bloomberg News calculates that customers will see premium increases of up to 650%, while others may see cuts of as much as 57%.

Gen Z cynical about future as majority call cost of living the number one election issue

Gen Z young adults are "struggling to remain optimistic" about their economic futures, a new report says, as rising costs of living and unaffordable housing prices make them re-evaluate their dreams.

Homes sellers and buyers will split commissions - or will they?

The $418 million settlement between the National Association of Realtors will cause chaos for agents just a lower borrowing rates are about to release home buyers' and sellers' pent-up demand for deals.

Inflation rises 2.9% in July, less than expected

Inflation fell in July to the lowest level in more than three years, a welcome sign for the Federal Reserve even as prices remained uncomfortably high for millions of Americans.

Caltrain debuts brand new all-electric fleet in San Francisco

Caltrain debuted its all-electric fleet before officials, including Governor Gavin Newsom, Speaker Emerita Nancy Pelosi and Mayor London Breed. The full fleet rolls out to the public Sept. 21st.

Homebuying market sees hope as mortgage rates fall

The homebuying market has been sluggish as people prioritize travel and the start of school and then consider scary interest rates.

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.