CVS to pay Contra Costa County for selling expired medication, baby formula
Drugstore chain and pharmacy CVS agreed to pay several California counties for selling expired medication and baby formula.
Today's mortgage rates rise, but 10- and 15-year terms stay below 6 percent | May 16, 2023
Check out the mortgage rates for May 16, 2023, which are mixed from yesterday.
Fed's May interest rate hike could harm regional bank lending, mortgages, expert warns
The Federal Reserve's latest interest rate increase has been harmful to the balance sheets of small regional banks and has impacted their ability to lend, according to the National Association of Realtors.
Self-checkout machines now ask for tips in latest squeeze on customers
Consumers are now requested to leave tips at self-checkout machines at some airports, bakeries, coffee shops and stadiums across the US
Repelled by high car prices, Americans are holding on to their vehicles longer than ever, data shows
The average age of a passenger vehicle on U.S. roads hit a record 12.5 years this year, according to data gathered by S&P Global Mobility.
Biden administration approves $42B in student loan forgiveness under updated PSLF program
The Department of Education has approved $42 billion in student loan forgiveness through recent changes to the PSLF program, designed to provide debt relief to borrowers in the non-profit, public service and governmental fields.
Today's mortgage rates begin to rise, but 15-year terms are still low | May 15, 2023
Check out the mortgage rates for May 15, 2023, which are trending up from Friday.
Bay Area home values increase for first time in 9 months
Bay Area home values are back on the rise after a 9-month slump. Zillow reported the biggest jump in Solano, Marin, Napa, and Sonoma counties.
Federal student loan repayments to restart, education secretary confirms
'We're preparing our borrowers to restart" federal student loan repayments, Education Secretary Miguel Cardona says.
California state budget deficit to get much bigger
The state's budget deficit is so large, it would purchase the latest, brand new 737 Max airplanes.
Gov. Newsom likely to announce bigger deficit than the $22.5B given in January
Gov. Gavin Newsom on Friday is expected to announce an even bigger budget deficit than the $22.5 billion hole that he confronted in January, reflecting an economy burdened by a sagging stock market and disrupted by a series of powerful winter storms that delayed billions of dollars in tax payments.
Today's best mortgage deal? 15-year terms at lowest rate since last week | May 12, 2023
Check out mortgage rates for May 12, 2023, which are trending down from yesterday.
Former co-owner of Richmond manufacturing company charged in wire fraud scheme
A federal grand jury in Oakland has charged the former co-owner of a Richmond manufacturing company with wire fraud and money laundering in connection with a scheme to divert tens of thousands of dollars from the company to his personal bank accounts.
Coco Republic, latest retailer to announce it's leaving SF's Union Square
Coco Republic, a self-described luxury Australian furniture brand, will close its 53,000 square-foot showroom, located in San Francisco's Union Square this summer, the company announced.
Today's best mortgage deal? 15-year terms maintain highest savings | May 10, 2023
Check out the mortgage rates for May 10, 2023, which are mixed from yesterday.
Debt ceiling deadlock continues with next meeting set for Friday
A critical meeting between President Biden and Congressional leaders ended Tuesday with no deal on the debt ceiling deadlock.
Former IRS officer who also worked in tax enforcement for Oakland charged in $3M PPP loan scheme
A former revenue officer with the Internal Revenue Service, who also worked as a tax enforcement officer for the city of Oakland, has been charged in a $3 million scheme involving the Paycheck Protection Program (PPP), according to the U.S. Attorney’s Office Northern District of California.
Today's best mortgage deal? 15-year terms are still below 6 percent | May 9, 2023
Check out the mortgage rates for May 9, 2023, which are trending up from yesterday.
Inflation and interest rate hikes are negatively impacting Americans' financial well-being: survey
Inflation and interest rate hikes have negatively impacted Americans' financial well-being and many have made no progress in saving for retirement or building emergency funds, according to a survey by Morning Consult. Here’s what you need to know.
Gas prices drop amid recession fears, pre-summer lull: AAA
Gas prices decreased last week, but rising interest rates have raised concerns of a recession, according to AAA.