Inflation rises to 6.8%, highest jump in 39 years

The U.S. Labor Department reported Friday that inflation surged to a 39-year high as the consumer price index rose 6.8% in November from a year ago.

Debt ceiling: Biden signs fast-track plan to prevent default

The Senate approved a bill that will clear the way for Congress to raise the debt ceiling with a simple-majority vote before the projected Dec. 15 deadline.

US consumer inflation rate up 6.8% in past year, highest since 1982

Prices for U.S. consumers jumped 6.8% in November compared with a year earlier, the highest annual inflation rate in 39 years.

Small businesses in Santa Clara Co. soon to be eligible for pandemic relief grants

Small businesses in Santa Clara County will be soon be eligible for $20 million in pandemic relief grants. The Board of Supervisors unanimously approved the proposal Tuesday.

More California stimulus payments mailed out Monday

Some 800,000 stimulus checks were being mailed Monday to qualifying California residents. Here's how to find out if you qualify.

Treasury targets all-cash real estate deals in anti-corruption effort

The Treasury Department may expand reporting requirements on all-cash real estate deals to help crackdown on bad actors' use of the U.S. market to launder money made through illicit activity.

Livermore winery seeing effects of supply chain issues

Cost of goods has been an issue for most industries lately. A Livermore winery owner explains the reason why prices are rising on their wines.

US unemployment claims rise by 28,000, but still low at 222,000

U.S. unemployment claims climbed by 28,000 last week to 222,000, even though the U.S. job market has been rebounding from the coronavirus recession.

Dozens of companies seeking employees at job fair at Coliseum Thursday

Dozens of employers will be looking for employees Thursday at a job fair and exposition at the Oakland Coliseum, according to the Oakland Private Industry Council, a nonprofit that provides training and other employment services to employees and employers. 

A major victory for 100% low-income housing in San Francisco

A single mother raising two children now has an opportunity to provide a larger space for her family at an affordable price. 300 low-income units are coming to the Mission District.

Bay Area bridge tolls going up again on Jan. 1

Motorists are just one month away from another toll hike on the seven state-owned Bay Area bridges.

Powell says Federal Reserve may accelerate pullback in economic support

Chair Jerome Powell said that the Federal Reserve will consider acting more quickly to dial back its ultra-low-interest rate policies to counter higher inflation.

Small businesses hope for holiday season boost through shop local campaign

It’s the start of the holiday shopping season and the City of San Jose is trying to give small businesses a boost during the pandemic. The city has launched a campaign called Shop Local SJ.

Fighting gas prices, US to release 50 million barrels of oil

The U.S. action is focused on helping Americans coping with higher fuel and other prices ahead of Thanksgiving and winter holiday travel.

CVS to shutter nearly 1,000 stores over 3 years in online retail shift

As retail evolves, one major pharmacy chain is closing one in 10 of its stores to make major changes. Other chains are wrestling with their own problems in how to adapt to a changing retail landscape.

US unemployment claims drop seventh straight week to 268,000

U.S. jobless claims dipped by 1,000 last week from the week before to a pandemic low of 268,000, the Labor Department reported Thursday.

Target, Walmart say holiday inventory is up despite supply chain disruptions

Target and Walmart say they are kicking off the holiday season with stocked shelves despite the industry's battle with supply chains and shipping backlogs.

Oakland mayor announces bold rental assistance pilot program

200 Oakland families will each get ongoing support, averaging $750 a month, for up to 18 months, to reduce their rents by 50%.