Economist urges Fed to meet 'now' to cut rates as stocks tumble: It's a 'frightening time'

Economist Stephen Moore urged the Federal Reserve to address falling commodity prices and shift from inflation concerns to deflation, while Fed Chairman Jerome Powell indicated a potential rate cut if inflation cools, amidst a market meltdown driven by recession fears.

Dow drops 1K points, Japanese stocks suffer worst crash since 1987

Nearly everything on Wall Street is tumbling Monday as fear about a slowing U.S. economy worsens and sets off another sell-off for financial markets around the world.

Candy company behind Rocky Road, Abba-Zaba, others, to close Hayward factory

Annabelle Candy Company, the Hayward-based candy manufacturer behind Abba-Zaba, Big Hunk, and Rocky Road, among other sweet tooths' favorites, will close its factory this fall. 

Bay Area cities that rank the worst for new home buyers

Three Bay Area cities are at the top of the list for the worst places in America for first-time home buyers. And there’s a variety of disheartening reasons.

$15M in grants offered to diverse, small businesses in Oakland

Kaiser Permanente is partnering with organizations in shelling out millions of dollars for Oakland small businesses.

Study ranks US states with most financially-distressed residents

WalletHub's recent study reveals the U.S. states with the most financially-distressed residents, highlighting surprising trends and economic struggles. Michigan tops the list, followed closely by Texas and Nevada.

US national debt tops $35 trillion, hitting new record

The U.S. gross national debt hit $35,001,278,179,208.67 on Monday, according to the Treasury Department.

California gas prices drop while national prices rise

California’s gas prices are trending downward as many areas of the country see their prices swing in the opposite direction.

Tesla's profit drops 45% as sales decline despite price cuts

Tesla’s second-quarter net income fell 45% compared with a year ago as the company’s global electric vehicle sales tumbled despite price cuts and low-interest financing.

Bay Area office vacancies hit record highs, here's why:

Office space vacancies in the Bay Area’s largest cities have reached new highs, according to a new report.

Americans are falling behind on their car payments, data shows

Recent data from auto experts shows that Americans are struggling with car payments, with the number of defaults industrywide up in the first half of 2024.

Does money buy happiness? A new study suggests it can

A study sampled more than 33,000 employed U.S. adults who answered questions on a scale called “satisfaction with life."