Grim unemployment forecasts for the Bay Area as COVID-19 crisis continues
Unemployment forecasts for the Bay Area are grim with a jobless rate of 27% at its peak.
Small business loan program plagued by outages, delays as second wave of aid begins
E-Tran, the Small Business Administration's electronic system used to help process applications for government-backed aid, has suffered glitches amid the first wave of applicants.
Average US gas price drops 9 cents over 2 weeks to $1.93
Industry analyst Trilby Lundberg of the Lundberg Survey says Sunday that prices at the pump have dropped 61 cents over the past nine weeks and 80 cents since mid-October.
Ruth's Chris Steakhouse owner to return $20M in small business loans
Ruth’s Chris Steakhouse owner, Ruth’s Hospitality Group, announced Thursday that it is repaying $20 million in coronavirus aid received under the Paycheck Protection Program after the Treasury Department asked publicly traded companies to return the funds meant for small businesses.
Coronavirus brews up big trouble for the craft brewery business
Until the coronavirus, brew pub crawling was a fun contact sport where folks stood and sat shoulder to shoulder hoisting a mug.
Social Security and Medicare funds at risk even before coronavirus pandemic
For Social Security, the projected 2035 date for exhausting the trust fund reserves means that it would be able to pay only 79% of benefits.
Food trucks allowed at California highway rest stops
Caltrans will begin accepting applications from the food truckers immediately.
Oil price goes negative as demand collapses; stocks dip
The price for oil plummeted to negative $3.70 per barrel, as of 2:15 p.m. Eastern time.
With low gasoline demand, Contra Costa County refinery announces temporarily production halt
Work to wind down production at the Marathon Martinez Refinery began Sunday, said refinery spokeswoman Patty Deutsche, and will be complete by Monday, April 27. It isn't known how long production will be idled.
Global health crisis pits economic against health concerns
Protesters worrying about their livelihoods and bucking infringements on their freedom took to the streets in some places.
Forest Service OKs expanded Reno ski resort, skier bridge
The expansion allows for construction of a 5-million-gallon water tank that will boost snow-making capabilities in an effort to transform the Mount Rose resort into a “key destination attraction,” agency officials said.
Newsom creates economic growth panel, as 3.5M Californians file for unemployment
To help foster economic growth, Gov. Newsom announced the formation of an advisory group to steer the state through the economic turmoil caused by the coronavirus.
Still no stimulus check in your bank account? Here's why it may be delayed
Social Security and Supplemental Security Income recipients are expected to receive the payments automatically soon, IRS said
IRS website frustrates Bay Area residents looking for stimulus checks
Reporter Cristina Rendon talks with Bay Area residents who have encountered problems while looking for information from the IRS website about their expected stimulus payment.
US job losses surge, April unemployment claims highest ever recorded
"This is a whole different magnitude the numbers what we're seeing," said longtime labor lawyer and former director of the state EDD, Michael Bernick.
Newsom: California unemployment hours extended; $125M fund for undocumented immigrants
Gov. Newsom created a relief fund for undocumented immigrants and extended call center hours to help the record 2.7 million Californians who've applied for unemployment benefits.
Gov. Newsom announces first-of-its kind emergency funding for undocumented immigrants
Reporter Debora Villalon explains what California is doing for those who are undocumented in California.
Largest ship in North American history to dock tomorrow at Port of Oakland
The MSC Anna, which is longer than the Salesforce Tower is tall, is expected to pass under the Bay Bridge at about 12:45 p.m. and dock around 1 p.m. to 2 p.m.
Emergency small business fund running low, local businesses are worrying
Democrats blocked a fast-track bid to pass the funding last week, and Republicans in turn stymied their efforts for additional funding for other priorities in a brief debate that was mostly a messaging exercise.
Online banking outages reported on same day millions of Americans receive stimulus payment
Many users on Twitter reported having trouble accessing their online bank accounts on the same day that millions of Americans were expected to receive stimulus money.