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Money

News related to money, savings and the economy.

Costco raises prices on food court soft drinks, chicken bake

Costco raises prices on food court soft drinks, chicken bake

Wholesale retailer Costco reported June net sales of $22.78B.

July 11, 2022 7:41am PDT
America's booming job market defies economic gravity

America's booming job market defies economic gravity

While many parts of the economy are experiencing varying levels of distress, the job market continues to show remarkable strength.

July 11, 2022 5:19am PDT
US employers add a solid 372,000 jobs in sign of resilience

US employers add a solid 372,000 jobs in sign of resilience

America’s employers shrugged off high inflation and weakening growth to add 372,000 jobs in June, a surprisingly strong gain that will likely spur the Federal Reserve to keep sharply raising interest rates.

July 8, 2022 8:59am PDT
Virginia hairdresser shocked after winning $200K lottery

Virginia hairdresser shocked after winning $200K lottery

Elizabeth McCabe, the owner of a hair salon in Virginia, bought a Monopoly Fortunes scratcher ticket where she gets her daily cup of coffee.

July 8, 2022 3:48am PDT
California inflation relief refund: Here's who's eligible for payment

California inflation relief refund: Here's who's eligible for payment

California residents who filed their 2020 taxes are eligible to receive a one-time payment of up to $1,050 as part of the state's inflation relief package.

July 7, 2022 4:44pm PDT
Gas prices take slight dip due to fear of a global recession

Gas prices take slight dip due to fear of a global recession

On Tuesday, the price of crude oil dropped 9%, the largest drop since March. Trading for natural gas, gasoline and heating oil have also recently declined.

July 6, 2022 10:25pm PDT
San Francisco's tourism upswing creates economic optimism

San Francisco's tourism upswing creates economic optimism

July 4th has come and gone, but many of the visitors to San Francisco are still here. The tourism industry is saying while tourism isn't back to pre-pandemic levels it is on the upswing.

July 6, 2022 6:35pm PDT
Rihanna becomes youngest woman billionaire after hitting $1.4B net worth

Rihanna becomes youngest woman billionaire after hitting $1.4B net worth

Rihanna makes her money through her brands, Fenty Beauty and Savage X Fenty.

July 6, 2022 7:17am PDT
Worker disappears after he was accidentally paid more than 300 times his salary

Worker disappears after he was accidentally paid more than 300 times his salary

The worker initially alerted his manager of the massive overpayment.

July 3, 2022 6:03am PDT
Electric vehicle battery myths v. facts: The debate over ‘green’

Electric vehicle battery myths v. facts: The debate over ‘green’

As demand for electric vehicles grows, innovation follows and companies are looking at more environmentally friendly options when it comes to the controversial manufacturing of EV batteries.

July 1, 2022 6:11pm PDT
San Franciscans say you need $5.1M to be considered 'wealthy'

San Franciscans say you need $5.1M to be considered 'wealthy'

A recent survey showed that San Francisco residents believe it takes an average net worth of $5.1 million to be considered "wealthy" and $1.7 million to be considered "financially comfortable."

June 30, 2022 2:52pm PDT
800 city jobs open in San Jose as public sector faces hiring woes

800 city jobs open in San Jose as public sector faces hiring woes

The nationwide labor shortage is not just impacting the private sector. Local governments are also having trouble finding workers and face a changing labor landscape.

June 27, 2022 6:52pm PDT
Federal Reserve Chair Jerome Powell says rate hikes to be decided 'meeting by meeting'

Federal Reserve Chair Jerome Powell says rate hikes to be decided 'meeting by meeting'

Concerns are growing among some that the Federal Reserve may tighten credit so much that it may cause a potential recession.

June 22, 2022 10:55am PDT
Union City police seeking to locate owners of two large sums of money

Union City police seeking to locate owners of two large sums of money

Union City police were looking for the owners of not one, but two large sums of cash, amounting to a total of $22,655.

June 21, 2022 10:05am PDT
Native American woman being appointed US treasurer, a historic first

Native American woman being appointed US treasurer, a historic first

The first Native American is set to be nominated for U.S. treasurer, which oversees the U.S. Mint.

June 21, 2022 8:27am PDT
Warriors' parade a much needed boost for BART and downtown San Francisco businesses

Warriors' parade a much needed boost for BART and downtown San Francisco businesses

The Warriors' parade provided an economic boost to BART and for San Francisco's downtown area that has pretty much been a ghost-town since the beginning of the pandemic.

June 20, 2022 10:16pm PDT
American Airlines ending service in three cities due to pilot shortage

American Airlines ending service in three cities due to pilot shortage

American Airlines is ending service in three cities this fall in response to the industry-wide pilot shortage. 

June 20, 2022 5:31pm PDT
Flight delays and cancellations continue to plague passengers, as travel demand increases

Flight delays and cancellations continue to plague passengers, as travel demand increases

The nation's airlines have yet to resolve the issue they can control, resulting in another holiday weekend full of delays, cancellations and plain old passenger angst. Though they received $54 billion to stay afloat and keep their employees, airlines just can't keep up.

June 20, 2022 4:44pm PDT
Gas prices soar around the world amid Russia-Ukraine war, rebound from COVID-19

Gas prices soar around the world amid Russia-Ukraine war, rebound from COVID-19

Energy prices are a key driver of inflation that is rising worldwide and making the cost of living more expensive.

June 20, 2022 4:12am PDT
US Treasury Secretary Janet Yellen says recession is not inevitable

US Treasury Secretary Janet Yellen says recession is not inevitable

She also discussed Sunday an openness to lowering the federal gas tax to give drivers some relief at the pump.

June 19, 2022 3:49pm PDT
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