Inflation: Is it close to peaking? Economists weigh in

The federal government reported, the inflation rate grew to 8.5%, the highest since more than four decades when Jimmy Carter was president. For many years, 2% inflation didn't matter to most consumers and was not a political issue. Things have changed.

Sticker shock: March inflation likely set new 40-year high

With ever-rising costs for food, gasoline, housing and other necessities squeezing consumers and threatening the economy, inflation in the United States likely set yet another four-decade high in March.

Deutsche Bank predicts US recession in 2023 due to Fed rate hikes

Deutsche Bank is the first major financial institution to predict a recession due to rising inflation and the Federal Reserve's hawkish plan to tame it.

Biden ‘has not ruled out’ canceling student loan debts, White House says

Press Secretary Jen Psaki made the comment the same day the Biden administration announced plans to freeze federal student loan payments through Aug. 31

Survey says many Bay Area residents frustrated with quality of life

The Bay Area Council has put out its latest survey of the sense and sensibilities of Bay Area residents on a wide variety of major economic and quality of life issues. While it's just a snapshot in time, it is one that is in sharp focus.

Restaurant week and Off the Grid return to San Francisco

Dining out is back on the menu for San Francisco foodies looking for something to do. San Francisco Restaurant Week launched on Friday as well as Off the Grid.

Biden unleashes petroleum from U.S. strategic reserve to combat high gas prices

President Joe Biden on Thursday released one-fourth of the entire U.S. strategic petroleum reserve, in an attempt to calm rising gas prices brought about by ever rising demand and the Russian invasion of Ukraine. 

Biden planning to tap oil reserve to control gas prices

President Biden is preparing to order the release of up to 1 million barrels of oil per day from the nation's strategic petroleum reserve in a bid to control energy prices.

Antioch tenants fight for comprehensive protections

"The local government needs to prioritize people and not these corporate landlords who come in, buy up all the property and make it unaffordable for the people who actually live here," said tenant and activist Rocheall Pierre.

Amid rising gas prices, South Bay residents sell vehicles, opt for alternative transportation

California gas prices are the highest in the nation, and in the Bay Area, residents are choosing alternative methods of transportation to save money. Some are priced out of driving altogether.

International sailing competition comes to San Francisco this weekend

An exciting weekend is expected in San Francisco. There is an international sailing competition that is bringing visitors from many countries.

State closes commercial crab fishery over whale entanglement concerns

The California Department of Fish and Wildlife on Friday announced the closure of the commercial Dungeness crab fishery for a large portion of the state's coast due to recent entanglements involving humpback whales.

Multi-day cannabis culture celebration tied to 4/20 coming to San Francisco

Evergreen San Francisco is a promotion of tourism in the city through a cannabis connoisseurs' lens. The nine-day celebration of San Francisco's regulated marijuana industry will be held April 16 to 24.

Chevron workers strike: 500 Richmond refinery workers walk picket lines

More than 500 Chevron union workers took to the picket line on Monday, when contract negotiations broke down. The workers say Chevron's offer is insufficient, given the Bay Area's high cost of living. The company brought in replacement workers.

$400 gas rebate could be in Californians' future under Democrat proposal

California Democrats on Thursday offered their proposal for a $400 rebate to offset the rising cost of gas. The rebate would be offered to all taxpayers in the state. 

San Francisco supervisor proposes new zoning regulations allowing for the revival of gay bathhouses

In an effort to create more safe spaces for San Francisco's LGBTQ community, Supervisor Rafael Mandelman on Tuesday proposed creating new zoning regulations that would allow for the revival of gay bathhouses.

Republican California lawmakers call for immediate suspension of gas tax

Saying consumers need immediate relief and because the state of California already has a $65 billion budget surplus, Sacramento legislative Republicans demanded an immediate suspension of the state gas tax on Monday.

Biden to sign order mandating study of cryptocurrency as its use explodes

The Biden administration views the explosive popularity of cryptocurrency as a call for acting with urgency to look at the risks and benefits of digital assets.