Amazon to cut 9,000 more jobs amid 'uncertain economy'
Amazon announced Monday that it plans to cut an additional 9,000 roles within the next few weeks amid the uncertain economic environment.
Amazon announced Monday that it plans to cut an additional 9,000 roles within the next few weeks amid the uncertain economic environment.
Study finds 186 banks vulnerable to Silicon Valley Bank-like collapse
A new study says that, depending on certain market conditions, nearly 200 U.S. banks could be vulnerable to the same fate as Silicon Valley Bank.
A new study says that, depending on certain market conditions, nearly 200 U.S. banks could be vulnerable to the same fate as Silicon Valley Bank.
Egg prices so high, Dollar Tree pulls them from shelves completely
Eggs will make a return to Dollar Tree when prices fall.
Eggs will make a return to Dollar Tree when prices fall.
Big banks step in with $30 billion to save San Francisco-based First Republic Bank
San Francisco based First Republic is getting a boost from within the banking industry.
San Francisco based First Republic is getting a boost from within the banking industry.
2 failed banks, February inflation remaining high put Fed in tough spot
The government reported Tuesday that February prices were still elevated, which could drive another interest rate hike. But the collapse of two banks in recent days has the potential to stop it.
The government reported Tuesday that February prices were still elevated, which could drive another interest rate hike. But the collapse of two banks in recent days has the potential to stop it.
Silicon Valley Bank's demise impacts SF Housing projects
The stress of Silicon Valley Bank's sudden collapse was clear Monday, as a long line of clients lined up to get cash from the Santa Clara headquarters.
The stress of Silicon Valley Bank's sudden collapse was clear Monday, as a long line of clients lined up to get cash from the Santa Clara headquarters.
US government says all Silicon Valley Bank clients will have access to funds
The U.S. government took extraordinary steps Sunday to stop a potential banking crisis after Friday's historic failure of Silicon Valley Bank, the second-largest bank failure in U.S. history.
The U.S. government took extraordinary steps Sunday to stop a potential banking crisis after Friday's historic failure of Silicon Valley Bank, the second-largest bank failure in U.S. history.
No federal bailout for collapsed Silicon Valley Bank: Treasury Secretary Yellen
Treasury Secretary Janet Yellen said Sunday that the federal government would not bail out Silicon Valley Bank, but is working to help depositors who are concerned about their money.
Treasury Secretary Janet Yellen said Sunday that the federal government would not bail out Silicon Valley Bank, but is working to help depositors who are concerned about their money.
Silicon Valley Bank seized by regulators
Silicon Valley Bank, known as SVB, is the largest bank failure since the height of the 2008 financial crisis.
Silicon Valley Bank, known as SVB, is the largest bank failure since the height of the 2008 financial crisis.
Meta will reportedly slash thousands of jobs this week
Meta, the parent company of Facebook and Instagram, is reportedly set to lay off thousands of workers as early as this week. Late last year, the company also cut the jobs of 11,000 employees.
Meta, the parent company of Facebook and Instagram, is reportedly set to lay off thousands of workers as early as this week. Late last year, the company also cut the jobs of 11,000 employees.
Powell signals increased interest rate hikes if economy stays strong
Chair Jerome Powell's comments raise the possibility that the Fed will increase its key interest rate by a half-percentage point at its next meeting, after having carried out a quarter-point hike in February.
Chair Jerome Powell's comments raise the possibility that the Fed will increase its key interest rate by a half-percentage point at its next meeting, after having carried out a quarter-point hike in February.
Housing affordability at record low, report says
The number of affordable listings fell 53% from a year earlier, the Redfin report found.
The number of affordable listings fell 53% from a year earlier, the Redfin report found.
Car debt piles up as more Americans struggle to make payments
Car repossessions are growing as Americans are still struggling with higher car prices and inflation.
Car repossessions are growing as Americans are still struggling with higher car prices and inflation.
San Francisco Muni faces 'fiscal cliff'
San Francisco's Muni is among the Bay Area's transit agencies facing unprecedented financial challenges.
San Francisco's Muni is among the Bay Area's transit agencies facing unprecedented financial challenges.
Costco maintaining low rotisserie chicken prices
Rotisserie chicken is just one example of key categories Costco members covet
Rotisserie chicken is just one example of key categories Costco members covet
'Real leader': Biden nominates Julie Su as next US labor secretary
Julie Su, a civil rights attorney and former head of California’s labor department, was central to negotiations between labor and freight rail companies late last year, working to avert an economically debilitating strike.
Julie Su, a civil rights attorney and former head of California’s labor department, was central to negotiations between labor and freight rail companies late last year, working to avert an economically debilitating strike.
Research shows San Francisco slow to recover from pandemic, remote tech work major factor
The Pandemic Recovery Index shows San Francisco ranks 24th out of the 25 largest economic regions in the country. San Jose fared much better, coming in at number 16.
The Pandemic Recovery Index shows San Francisco ranks 24th out of the 25 largest economic regions in the country. San Jose fared much better, coming in at number 16.
California job market: Is a cold front coming in?
Evidence is mounting that changes in the California job market may be catching up with years of unfettered success and job growth. It is a very mixed situation.
Evidence is mounting that changes in the California job market may be catching up with years of unfettered success and job growth. It is a very mixed situation.
Plunging natural gas prices eases inflation concerns
Natural gas accounts for nearly 25% of residential energy needs, making it a big driver in last year’s worst bout of inflation in 40 years.
Natural gas accounts for nearly 25% of residential energy needs, making it a big driver in last year’s worst bout of inflation in 40 years.
White House says GOP plans would add $3 trillion to national debt
The White House is charging the GOP with hypocrisy for favoring tax policies that could push the accumulated $31.4 trillion national debt higher.
The White House is charging the GOP with hypocrisy for favoring tax policies that could push the accumulated $31.4 trillion national debt higher.