What's in the Inflation Reduction Act? Health care, climate change goals become law

President Joe Biden arrived at the White House promising to “build back” America, and now he has signed into law legislation with a slimmer version of that idea.

Inflation Reduction Act: Biden signs massive climate and health care bill

President Joe Biden is preparing to sign Democrats’ landmark climate change and health care bill, which includes the most substantial federal investment in history to fight climate change.

East San Jose's Tully Night Market back for a 2nd summer of festivities

The Tully Night Market will be on Tully Road in East San Jose every Wednesday night from 5:30 p.m. to 8:30pm, until October 26. The weekly event was created by San Jose City Council member Maya Esparza to support local artists and vendors.

US inflation slips from 40-year peak but remains high at 8.5%

Consumer prices jumped 8.5% in July compared with a year earlier, the government said Wednesday, down from a 9.1% year-over-year jump in June.

GEICO closes all California offices, lays off workers: report

GEICO has reportedly closed all 38 of its agent offices in California, laid off hundreds of employees, and will no longer sell insurance through telephone agents in the state.

How to recession-proof your life

If you think a recession could destabilize your finances, here are some things you can do to prepare.

Man opens up about leaving teaching for better-paying Walmart job

The 28-year-old man said the chance to move up without getting an advanced degree was one of the motivating factors for him to leave the education field.

Manchin says deal reached with Schumer on tax and climate bill

In a startling turnabout, Senate Majority Leader Chuck Schumer and Sen. Joe Manchin have reached an expansive agreement that had eluded them for months on health care, energy and climate issues, taxes on higher earners and corporations and trimming the federal debt.

Fed hikes interest rate by 0.75 percentage points in bid to curb inflation

The Federal Reserve raised its benchmark interest rate by a hefty three-quarters of a point for a second straight time in its most aggressive drive in three decades to tame high inflation.

Amy's Kitchen to close San Jose production plant in September

Amy's Kitchen, a successful organic, healthy frozen food producer says it will close its San Jose frozen pizza production center. 

US inflation reached 9.1% in June, a new 40-year high

U.S. consumer prices soared 9.1% compared with a year earlier, the government said Wednesday, the biggest 12-month increase since 1981.

America's booming job market defies economic gravity

While many parts of the economy are experiencing varying levels of distress, the job market continues to show remarkable strength.

US employers add a solid 372,000 jobs in sign of resilience

America’s employers shrugged off high inflation and weakening growth to add 372,000 jobs in June, a surprisingly strong gain that will likely spur the Federal Reserve to keep sharply raising interest rates.

Gas prices take slight dip due to fear of a global recession

On Tuesday, the price of crude oil dropped 9%, the largest drop since March. Trading for natural gas, gasoline and heating oil have also recently declined.