Self-checkout machines now ask for tips in latest squeeze on customers

Consumers are now requested to leave tips at self-checkout machines at some airports, bakeries, coffee shops and stadiums across the US

Bay Area home values increase for first time in 9 months

Bay Area home values are back on the rise after a 9-month slump. Zillow reported the biggest jump in Solano, Marin, Napa, and Sonoma counties.

California state budget deficit to get much bigger

The state's budget deficit is so large, it would purchase the latest, brand new 737 Max airplanes.

Gov. Newsom likely to announce bigger deficit than the $22.5B given in January

Gov. Gavin Newsom on Friday is expected to announce an even bigger budget deficit than the $22.5 billion hole that he confronted in January, reflecting an economy burdened by a sagging stock market and disrupted by a series of powerful winter storms that delayed billions of dollars in tax payments.

Coco Republic, latest retailer to announce it's leaving SF's Union Square

Coco Republic, a self-described luxury Australian furniture brand, will close its 53,000 square-foot showroom, located in San Francisco's Union Square this summer, the company announced.

Nordstrom, Anthropologie, Saks OFF 5TH closing downtown San Francisco shops

Nordstrom announced Tuesday morning they are closing both the downtown San Francisco flagship store and the Market Street Rack after 35 years in business.

JPMorgan Chase taking over First Republic Bank in 2nd largest bank failure in U.S. history

JPMorgan Chase, the nation's largest bank, is now taking over San Francisco-owned First Republic Bank, in the second-largest bank failure in U.S. history with the shareholder the clear losers. 

First Republic Bank seized by regulators, sold to JPMorgan Chase

San Francisco-based First Republic is the third midsize bank to fail in two months and is the second-biggest bank failure in U.S. history.

Banking's bad day: Collapse of Silicon Valley Bank

Federal banking officials have released their finding on the crash of Silicon Valley Bank on a day another once booming bank hangs on by a thread. A bad day for banking just got worse with news fo a fourth failure.

Silicon Valley Bank failure: Fed partly blames itself for collapse

Silicon Valley Bank failed due to a combination of extremely poor bank management, weakened regulations and lax government supervision, the Federal Reserve said Friday, in a highly-anticipated review of how the central bank failed to properly supervise the bank before it collapsed early last month.

These are the cities you can earn six figures in and still be broke

A new study found that in 16 of the 100 largest U.S. metros, a family of three earning a $100,000 annual income would spend more on the basics than what they earn. California cities made up half of the list.

First Republic Bank plans for massive layoffs

First Republic Bank, headquartered in San Francisco, announced plans to layoff up to 25% of its staff.

1st Trader Joe's store unionizes in California

A Trader Joe's in Oakland has become the first of the chain's supermarkets in California to unionize. 

SF launches "Vacant to Vibrant" program calling for ideas to turn office space into pop-up shops

When Simon Bertrang walks through downtown San Francisco, he doesn't just see empty storefronts, he sees properties, full of potential. Bertrang is executive director of SF New Deal, a non-profit chosen by the city to launch the program "Vacant to Vibrant".

US retail sales fall amid high inflation, rising rates

The decline in sales adds to other recent evidence that the economy is cooling as consumers grapple with higher interest rates and the impact of a year-long bout of elevated inflation.

Demand at regional food banks soars as layoffs, food prices, increase

The primary food bank which serves San Mateo and Santa Clara counties is seeing rising demand only slightly below pandemic-era highs. Higher food prices and layoffs are citied. Leaders say more support is needed from cities and the private sector.

Marin County parks to stop collecting parking fees

The Marin County Board of Supervisors will vote on a proposal soon to end parking fees for all five county-owned parks.

Latest job reports defy economic gravity

The latest jobs reports seem to continue to defy economic gravity. Despite the bank scare, massive tech layoffs and a slowing economy, the job market remains robust with 236,000 new jobs with unemployment at rock bottom; 3.6%.