Fed to begin tapering its assets, economists say it will send interest rates higher
The Federal Reserve announced after its November meeting that it will begin tapering its economic stimulus. Here's what that could mean for interest rates.
The Federal Reserve announced after its November meeting that it will begin tapering its economic stimulus. Here's what that could mean for interest rates.
Student loan forgiveness memo: Expert says Biden has authority to cancel student debt
The White House recently released a memo about canceling debt for federal student borrowers, but the text was heavily redacted. Here's what one expert thinks that means.
The White House recently released a memo about canceling debt for federal student borrowers, but the text was heavily redacted. Here's what one expert thinks that means.
US consumer prices jumped 6.2% in past year, highest inflation rate since 1990
Driving the price spikes are supply shortages resulting from consumer demand and COVID-related factory shutdowns coming out of the pandemic recession.
Driving the price spikes are supply shortages resulting from consumer demand and COVID-related factory shutdowns coming out of the pandemic recession.
Unemployment claims drop to 267,000, a new pandemic low
Jobless claims fell by 4,000 last week, the Labor Department reported Wednesday.
Jobless claims fell by 4,000 last week, the Labor Department reported Wednesday.
USPS hopes robotic processing in Oakland will help the holiday rush
The USPS Oakland Processing and Distribution Center is the first site to test and successfully use a new robotic arm. Officials said it makes sorting packages more efficient.
The USPS Oakland Processing and Distribution Center is the first site to test and successfully use a new robotic arm. Officials said it makes sorting packages more efficient.
Kaiser mental health clinicians announce 1-day strike over understaffing, long patient wait times
Kaiser Permanente mental health clinicians in the Bay Area and the Central Valley will hold a one-day strike next week, union officials representing the workers said on Tuesday.
Kaiser Permanente mental health clinicians in the Bay Area and the Central Valley will hold a one-day strike next week, union officials representing the workers said on Tuesday.
11 Democratic lawmakers ask Biden to dip into Strategic Petroleum Reserve to alleviate gas price hike
The Strategic Petroleum Reserve is stored in huge underground salt caverns at four sites along the coastline of the Gulf of Mexico and is the world’s largest supply of emergency crude oil.
The Strategic Petroleum Reserve is stored in huge underground salt caverns at four sites along the coastline of the Gulf of Mexico and is the world’s largest supply of emergency crude oil.
Fast food workers to strike Tuesday over health, safety standards
Fast food workers are striking statewide Tuesday, including in Oakland and Campbell, to demand better health and safety standards at their workplaces, organizers with the Fight for $15 said Monday.
Fast food workers are striking statewide Tuesday, including in Oakland and Campbell, to demand better health and safety standards at their workplaces, organizers with the Fight for $15 said Monday.
Elon Musk Twitter poll: 58% vote 'yes' on billionaire's proposal to sell 10% of Tesla stock
Tesla shares were down 3% in midday trading Monday after CEO Elon Musk said he would sell 10% of his holdings in the electric car maker — more than $20 billion worth by most calculations — based on the results of a poll he conducted on Twitter over the weekend.
Tesla shares were down 3% in midday trading Monday after CEO Elon Musk said he would sell 10% of his holdings in the electric car maker — more than $20 billion worth by most calculations — based on the results of a poll he conducted on Twitter over the weekend.
Home prices surge another 18% annually in September, CoreLogic says, but gains expected to slow
Home prices continue to hit new highs, rising 18% annually in September. However, these gains are expected to slow in the year ahead.
Home prices continue to hit new highs, rising 18% annually in September. However, these gains are expected to slow in the year ahead.
Here is the No. 1 question borrowers facing foreclosure should ask, according to a mortgage expert
Homeowners who are struggling financially have options. Here is the top question they should ask when in this situation.
Homeowners who are struggling financially have options. Here is the top question they should ask when in this situation.
Good news for homebuyers: 30-year rates plunge below 3% | Nov. 8, 2021
Check out the mortgage rates for Nov. 8, 2021, which are largely unchanged from last Friday.
Check out the mortgage rates for Nov. 8, 2021, which are largely unchanged from last Friday.
30-year mortgage refinance rates plunge to 25-day low | Nov. 8, 2021
Check out the mortgage refinancing rates for Nov. 8, 2021, which are largely down from last Friday.
Check out the mortgage refinancing rates for Nov. 8, 2021, which are largely down from last Friday.
Here's what California could do to help fix the supply chain
Global supply chain problems have led to a massive backup at Southern California ports. Now, California lawmakers are asking experts about what the state could do to help.
Global supply chain problems have led to a massive backup at Southern California ports. Now, California lawmakers are asking experts about what the state could do to help.
Elon Musk's Twitter poll asks if he should sell some Tesla stock
Elon Musk has asked Twitter users whether he should sell 10% of his stock in Tesla amid pressure in Washington to increase taxes on billionaires like him.
Elon Musk has asked Twitter users whether he should sell 10% of his stock in Tesla amid pressure in Washington to increase taxes on billionaires like him.
California, Bay Area expected to be big beneficiaries of infrastructure bill
California and the Bay Area are expected to be big beneficiaries of the infrastructure bill.
California and the Bay Area are expected to be big beneficiaries of the infrastructure bill.
VTA says supply-chain limits means fewer train cars in service
VTA says they simply can't get the parts they need for their light-rail trains. And that means fewer train cars in service.
VTA says they simply can't get the parts they need for their light-rail trains. And that means fewer train cars in service.
Palo Alto firefighters stretched thin as department struggles to fill its ranks
The “Help Wanted” sign is hanging at the offices of the Palo Alto Fire Department. Similar to other private and public employers, the department is struggling to fill its ranks.
The “Help Wanted” sign is hanging at the offices of the Palo Alto Fire Department. Similar to other private and public employers, the department is struggling to fill its ranks.
Still-low interest rates: Today may be the day to lock in your mortgage rate | Nov. 5, 2021
Check out the mortgage rates for Nov. 5, 2021, which are mixed from yesterday.
Check out the mortgage rates for Nov. 5, 2021, which are mixed from yesterday.
Mortgage refinance rates slip back to bargain levels to close the week | Nov. 5, 2021
Check out the mortgage refinancing rates for Nov. 5, 2021, which are mostly down from yesterday.
Check out the mortgage refinancing rates for Nov. 5, 2021, which are mostly down from yesterday.