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Money

News related to money, savings and the economy.

Bay Area bridge tolls going up again on Jan. 1

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.

November 30, 2021 6:35pm PST
Powell says Federal Reserve may accelerate pullback in economic support

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.

November 30, 2021 11:42am PST
Small businesses hope for holiday season boost through shop local campaign

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.

November 29, 2021 11:04pm PST
Strong Cyber Monday sales expected but could fall short of 2020 spending

Strong Cyber Monday sales expected but could fall short of 2020 spending

Both Black Friday and Thanksgiving Day online shopping came in below Adobe's prediction. On Black Friday, online sales reached $8.9 billion, down from the $9 billion in 2020.

November 29, 2021 10:15am PST
Retired housekeeper wins $50K in scratch-off lottery for 3rd time

Retired housekeeper wins $50K in scratch-off lottery for 3rd time

A 61-year-old Maryland woman has won $50,000 in scratch-off lotteries for the third time since 2018. And the winning tickets all came from the same store.

November 29, 2021 9:35am PST
Fighting gas prices, US to release 50 million barrels of oil

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.

November 23, 2021 6:18pm PST
College costs have risen at nearly 5x the rate of inflation, report finds

College costs have risen at nearly 5x the rate of inflation, report finds

The average cost of tuition, fees and other expenses at higher education institutions are rising at a much faster rate than inflation, according to a recent study.

November 23, 2021 7:35am PST
CVS to shutter nearly 1,000 stores over 3 years in online retail shift

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.

November 18, 2021 6:20pm PST
US unemployment claims drop seventh straight week to 268,000

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.

November 18, 2021 6:06am PST
Could California's higher gas prices be illegal? Economist says maybe so

Could California's higher gas prices be illegal? Economist says maybe so

Fuel sticker shock has now turned into the 'reverse limbo' question of "How high can you go, setting new records every day?" 

November 17, 2021 5:09pm PST
Target, Walmart say holiday inventory is up despite supply chain disruptions

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.

November 17, 2021 8:49am PST
Today's mortgage rates rest at bargain lows for third straight day | Nov. 17, 2021

Today's mortgage rates rest at bargain lows for third straight day | Nov. 17, 2021

Check out the mortgage rates for Nov. 17, 2021, which are unchanged from yesterday.

November 17, 2021 8:39am PST
Want to save money on a refinance today? Look to mid-length rates | Nov. 17, 2021

Want to save money on a refinance today? Look to mid-length rates | Nov. 17, 2021

Check out the mortgage refinancing rates for Nov. 17, 2021, which are unchanged from yesterday.

November 17, 2021 8:33am PST
Student loan borrowers begin to receive $2B worth of forgiveness under PSLF waiver

Student loan borrowers begin to receive $2B worth of forgiveness under PSLF waiver

The Biden administration's temporary PSLF waiver will make it easier to have their federal student loans forgiven.

November 17, 2021 8:28am PST
Social Security payment increases may be offset by these 5 expenses

Social Security payment increases may be offset by these 5 expenses

Those receiving Social Security benefits could struggle to meet basic needs in the year ahead. Here are the top five expenses they could struggle with.

November 17, 2021 8:24am PST
Oakland mayor announces bold rental assistance pilot program

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%.

November 16, 2021 6:05pm PST
Today's refinance rates stall, give homeowners more time to save | Nov. 16, 2021

Today's refinance rates stall, give homeowners more time to save | Nov. 16, 2021

Check out the mortgage refinancing rates for Nov. 16, 2021, which are unchanged from yesterday.

November 16, 2021 10:02am PST
Still time to save: Today's average mortgage interest rate is still well below 3% | Nov. 16, 2021

Still time to save: Today's average mortgage interest rate is still well below 3% | Nov. 16, 2021

Check out the mortgage rates for Nov. 16, 2021, which are unchanged from yesterday.

November 16, 2021 9:56am PST
Social Security benefits see highest boost in 40 years, but inflation is higher

Social Security benefits see highest boost in 40 years, but inflation is higher

Social Security benefits will increase at their highest rate in 40 years, but the latest inflation numbers are even higher. Next year's increase may not be enough for seniors living on Social Security income.

November 16, 2021 9:39am PST
This is the state where student loan borrowers struggle the most to repay their debt: report

This is the state where student loan borrowers struggle the most to repay their debt: report

A new study compared the average student loan debt to median annual earnings for student loan borrowers two years after graduation. See what you can do if you want to avoid delinquency.

November 16, 2021 9:28am PST
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