Holiday sales increase 7.6% despite the squeeze of inflation
U.S. sales between Nov. 1 and Dec. 24, a period that is critical for retailers, were fueled by spending at restaurants and on clothing.
U.S. sales between Nov. 1 and Dec. 24, a period that is critical for retailers, were fueled by spending at restaurants and on clothing.
Teenager fatally shot at Mall of America, 'Whoever did this, we will catch them': Police
A 19-year-old man was fatally shot in Nordstrom Friday evening after a fight broke out between two groups. The shooting sent the mall into lockdown.
A 19-year-old man was fatally shot in Nordstrom Friday evening after a fight broke out between two groups. The shooting sent the mall into lockdown.
Nonprofit of state landmark looking for 'Keepers' of hundred-old lighthouse
Richmond Mayor Tom Butt announced the city is looking for new innkeepers to manage the East Brother Lighthouse located in the San Francisco Bay.
Richmond Mayor Tom Butt announced the city is looking for new innkeepers to manage the East Brother Lighthouse located in the San Francisco Bay.
Here's how much pay Americans say they'd need to start a new job
A recent survey from the Federal Reserve Bank of New York reveals most people will hop to a new job for a starting salary a little over $73,000 a year.
A recent survey from the Federal Reserve Bank of New York reveals most people will hop to a new job for a starting salary a little over $73,000 a year.
Treasury department delays electric vehicle tax credit changes
The Treasury Department has pushed the issuance of guidance for new electric vehicle tax credit rules from January to March as it continues to develop them.
The Treasury Department has pushed the issuance of guidance for new electric vehicle tax credit rules from January to March as it continues to develop them.
Unemployment benefits and Obamacare subsidies outpace median income in several states, study finds
The labor force participation rate was 62.1% last month, notably lower than the 63.4% mark it was at before the coronavirus pandemic struck the United States in March 2020.
The labor force participation rate was 62.1% last month, notably lower than the 63.4% mark it was at before the coronavirus pandemic struck the United States in March 2020.
Cryptocurrency website operator pleads guilty in federal court to defrauding investors
The operator of a cryptocurrency website has pleaded guilty in a federal courtroom in San Francisco to defrauding investors of nearly $1 million, according to a joint announcement from the Department of Justice and the IRS.
The operator of a cryptocurrency website has pleaded guilty in a federal courtroom in San Francisco to defrauding investors of nearly $1 million, according to a joint announcement from the Department of Justice and the IRS.
Bay Area food bank makes a plea for financial donations
A Bay Area food bank that helps hundreds of thousands of people each month is in need of help. Monetary donations to Second Harvest of Silicon Valley are down considerably, according to its CEO. And if they don’t pick up soon, it could threaten the amount of service it’s able to provide.
A Bay Area food bank that helps hundreds of thousands of people each month is in need of help. Monetary donations to Second Harvest of Silicon Valley are down considerably, according to its CEO. And if they don’t pick up soon, it could threaten the amount of service it’s able to provide.
Super Saturday for Bay Area retailers
Super Saturday is expected to be even bigger than last year with 158 million consumer out shopping, a 10-million increase over 2021.
Super Saturday is expected to be even bigger than last year with 158 million consumer out shopping, a 10-million increase over 2021.
SFPD crack down on retail theft
San Francisco police announced a major crackdown on shoplifters and retail crime. The department made 60 arrests since late November.
San Francisco police announced a major crackdown on shoplifters and retail crime. The department made 60 arrests since late November.
University of California, workers reach deal to end strike
The University of California reached an agreement Friday with some 36,000 graduate student teaching assistants and other academic workers for increased pay and benefits that could potentially end a monthlong strike — the largest of its kind in the nation — at the prestigious state system.
The University of California reached an agreement Friday with some 36,000 graduate student teaching assistants and other academic workers for increased pay and benefits that could potentially end a monthlong strike — the largest of its kind in the nation — at the prestigious state system.
Wall Street may get much worse in 2023 before it gets better
Many analysts expect stocks to end 2023 around their current range, if not a bit higher. But before that, much of Wall Street is also forecasting stock prices to fall sharply in the interim.
Many analysts expect stocks to end 2023 around their current range, if not a bit higher. But before that, much of Wall Street is also forecasting stock prices to fall sharply in the interim.
With 10 days of holiday shopping left, shoppers are cutting back on spending
The director of Santa Clara University’s Retail Management Institute says it’s been a tough year for consumers and retailers. Recent data shows people may be looking for a social experience and are not spending as much money on gifts while shopping.
The director of Santa Clara University’s Retail Management Institute says it’s been a tough year for consumers and retailers. Recent data shows people may be looking for a social experience and are not spending as much money on gifts while shopping.
Nearly half of US workers hope to get promoted, a raise in 2023, survey shows
According to the survey, which polled 1,000 full-time U.S. employees in December, the majority of respondents (60%) felt somewhat valued or not at all valued at work.
According to the survey, which polled 1,000 full-time U.S. employees in December, the majority of respondents (60%) felt somewhat valued or not at all valued at work.
US inflation slowed to 7.1% over past 12 months
This is the fifth straight month with a slowdown.
This is the fifth straight month with a slowdown.
FTX's Sam Bankman-Fried arrested in Bahamas at request of US authorities
Bankman-Fried is under criminal investigation by U.S. and Bahamian authorities following the collapse last month of FTX.
Bankman-Fried is under criminal investigation by U.S. and Bahamian authorities following the collapse last month of FTX.
Credit card balances hit record high amid inflation: TransUnion
Inflation and an uncertain economy influenced record-high credit card balances in the third quarter of 2022, according to TransUnion. Here’s how you can pay off your high-interest debt.
Inflation and an uncertain economy influenced record-high credit card balances in the third quarter of 2022, according to TransUnion. Here’s how you can pay off your high-interest debt.
Maxwell Frost, first Gen Z congressman from Florida, denied D.C. apartment over bad credit
Gen-Z Florida Democratic congressman Maxwell Frost came to Twitter to express his struggles with trying to find housing in D.C. as he awaits his new salary to kick in.
Gen-Z Florida Democratic congressman Maxwell Frost came to Twitter to express his struggles with trying to find housing in D.C. as he awaits his new salary to kick in.
Major retail brands threaten to close stores over rampant retail theft
Walmart CEO Doug McMillon said the big box retailer could close some of its stores if thefts continue to plague those locations.
Walmart CEO Doug McMillon said the big box retailer could close some of its stores if thefts continue to plague those locations.
Nearly half of Americans expect to go into debt buying holiday gifts
Nearly half of Americans expect to go into debt during the holidays this year. Here’s how to pay down your holiday debt quickly.
Nearly half of Americans expect to go into debt during the holidays this year. Here’s how to pay down your holiday debt quickly.