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.
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.
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.
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.
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?
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
'Home Alone' fans shocked by almost 250% increase in grocery prices since iconic shopping trip
Kevin McCallister's grocery list in the classic film "Home Alone" has gone from $19.83 in 1990 to $72.28 in 2023.
Kevin McCallister's grocery list in the classic film "Home Alone" has gone from $19.83 in 1990 to $72.28 in 2023.
Americans need extra $11K to afford same standard of living in 2021, Republican analysis finds
A new analysis has revealed how much more money Americans need now to meet the cost of living standards seen in 2021– prior to a rise in inflation.
A new analysis has revealed how much more money Americans need now to meet the cost of living standards seen in 2021– prior to a rise in inflation.
These are California's places with the lowest of cost of living: study
These are the 50 places with the lowest cost of living in California, according to a new study by Niche.
These are the 50 places with the lowest cost of living in California, according to a new study by Niche.
New bike lane blamed for drop in business along popular SF Mission corridor
The owner of a small business on Valencia Street is blaming a new center bike lane for its demise and now other business owners in San Francisco's Mission District are letting city leaders know they oppose the lane.
The owner of a small business on Valencia Street is blaming a new center bike lane for its demise and now other business owners in San Francisco's Mission District are letting city leaders know they oppose the lane.
US housing market has 'big hole' to dig out of, economist says
New home construction is a 'multiyear problem,' according to Realtor.com chief economist Danielle Hale.
New home construction is a 'multiyear problem,' according to Realtor.com chief economist Danielle Hale.