Fewer people request US unemployment benefits amid solid hiring, high inflation

Applications for unemployment benefits last week saw their lowest number of claims since April. If the number continues to drop, the Federal Reserve could raise interest rates higher than it plans to slow the economy.

Costco CFO says hot dog combo price might remain $1.50 forever

Costco CFO Richard Galanti said the company's gas and travel sectors allowed the company to make up for loss at the food court.

Restaurant workers strike at SFO, fliers told to bring their own meal

More than 1000 restaurant workers at SFO walked off the job Monday morning. They started striking around 2 a.m. outside of terminal 3, saying their contracts were old and have been ignored for years.

Butter shortage drives up prices ahead of holiday baking season

The average price of butter in August jumped 24.6% compared to a year ago, U.S. labor statistics show. Here’s what is driving the increase.

Dreamforce day 2 ends with Red Hot Chili Peppers, providing boost to city tourism

Day two of Dreamforce, one of San Francisco’s largest conventions, closed out with a bang Wednesday, with a live performance by the Red Hot Chili Peppers at Oracle Park.

Fed hikes rate by three-quarters of a point in continued fight against inflation

The Fed’s move boosted its benchmark short-term rate, which affects many consumer and business loans, to a range of 3% to 3.25%, the highest level since early 2008.

Dreamforce 2022 underway in San Francisco

Dreamforce is underway in San Francisco and 40,000 conventioneers have flooded into the city.

Gap slashes 500 corporate jobs after pandemic, supply chain issues

The job cuts follow years of struggles at the San Francisco-based retailer, which operates stores under its namesake brand as well as Old Navy, Banana Republic and Athleta.

Dreamforce 2022 expected to boost San Francisco economy

Visitors are flooding into San Francisco ahead of the annual Dreamforce convention. Dreamforce is always one of the city's biggest conventions, and this year is no different. 

EXPLAINER: How the strong U.S. dollar can affect everyone

After rising again Friday, the dollar is near its highest level in more than two decades against a key index measuring six major currencies, including the euro and Japanese yen.

Trains keep on rolling: High-profile interventions prevent rail-worker strike

Thanks to intervention from the White House and Labor Department, what seemed to be a likely rail-worker strike is now far less likely. Overnight negotiations between labor and management have led to a tentative agreement.

Union members reject deal 2 days before deadline to avoid massive rail strike

A potential strike could impact shipments of everything from clothes to cars, hurting businesses nationwide as they deal with ongoing supply chain problems. The deadline to avoid a strike is Friday.

California inflation relief payments: here's when you'll get the money

Inflation has neared record highs in the last year. To help Californians deal with climbing prices, the state announced it will send eligible residents "inflation relief" tax refund payments. 

UC Berkeley economist explains impact of inflation report and stock market selloff

The markets dropped Tuesday over concerns that inflation remains stubbornly high. The Dow fell 1,276 points or nearly 4% returning the market to its prior level in 2020.