UK vinyl record sales surge to highest level since 1990, thanks to Taylor Swift, others
Vinyl sales surged in 2023, thanks to releases from artists like Taylor Swift, Ed Sheeran, Lana Del Rey, and more.
Seattle-based online retailer Zulily says it will go into liquidation, surprising customers
The U.S. online retailer Zulily is closing down, surprising customers and laying off hundreds of workers after efforts to salvage the business failed.
New IRS tax brackets take effect in 2024, meaning your paycheck could be bigger next year
The IRS adjusted the income limits for the different tax brackets in the 2024 tax year as still-high inflation continues to squeeze Americans financially.
'Career cushioning,' latest workplace trend, has employees trying to protect themselves heading into 2024
A workplace trend known as "career cushioning" has employees setting up Plan B initiatives — so that if they're downsized by their companies, they're prepared for it. Here's what to know.
Gen X advised to ‘stop spending’ due to largest retirement savings wealth gap of any generation
Economist argues less spending equals a 'milder’ recession.
Palo Alto restaurants reject new plan to remove outdoor eating spaces built during pandemic
CSW Engineering Group presented the plan that would widen the sidewalks and create parallel parking spaces.
San Francisco's downtown legacy businesses in need of holiday shopping boost
Some of San Francisco's legacy businesses downtown say they are seeing a slight increase in shoppers, as the city goes all out this holiday season to draw more people to Union Square and the surrounding area to shop and dine. "I've felt safe the few days I've been here. It's very walkable," said Alex Eddings, a tourist visiting from Nashville.
Running for a bonus: Company gives larger cash rewards if workers can run 2 miles a day
The Chinese paper company swapped its year-end bonuses for monthly, exercise-based cash rewards, telling a state-owned newspaper how “a company can last long when its employees are healthy."
Japanese steel company purchasing U.S. Steel in deal worth nearly $15 billion
Nippon Steel said Monday that the deal will bolster its manufacturing and technology capabilities, and also expand the company's production in the U.S. and add to its positions in Japan.
Hermès heir plans to give $7 billion fortune to his 51-year-old gardener
Nicolas Puech, the 80-year-old heir to the French luxury brand Hermès fortune, is reportedly planning to distribute his wealth to his 51-year-old gardener, who he also intends to legally adopt.
SmileDirectClub shuts down 'effective immediately,' leaving customers in limbo
SmileDirectClub announced the closure on its website after filing for Chapter 11 bankruptcy in September.
Gas prices dip lower, an early present for travelers this holiday season: AAA
The national average for a gallon of gas resumed its gradual decline amid falling oil prices. If oil prices stay low, drivers can anticipate a continued drop in pump prices, AAA said.
Homebuying demand dries up even as mortgage rates drop: Freddie Mac
The average 30-year fixed-rate mortgage was 7.03% for the week ending Dec. 7, according to Freddie Mac's latest Primary Mortgage Market Survey.
Record share of home sellers drop prices in October as mortgage rates squeeze buyers' budgets: Redfin
Nearly 7% of for-sale homes posted a price drop during the four weeks ending October 29, on average, the highest portion on record, Redfin says.
Businesses near APEC took economic hit, owners say
Before the conference, city leaders talked about the $53 million it was expected to bring to San Francisco, but now some businesses around Moscone Center are saying that instead, they saw a dramatic decrease in business.
BBQ truck stolen in Oakland at brewery closing over crime
A small business owner in Oakland was dealt a major blow just over two months after opening.
Americans need extra $11K to afford same standard of living in 2021, Republican analysis finds
A new analysis has revealed how much more money Americans need now to meet the cost of living standards seen in 2021– prior to a rise in inflation.
Grand Lake Kitchen lends helping hand to struggling SF Mexican restaurant
Hard times caused the owners of the popular authentic Mexican take-out spot in San Francisco, La Canasta, to close after more than 35 years of business.
Spotify to cut 17% of workforce in third round of layoffs this year
“We now find ourselves in a very different environment," Spotify CEO Daniel Ek said. "And despite our efforts to reduce costs this past year, our cost structure for where we need to be is still too big."
New bike lane blamed for drop in business along popular SF Mission corridor
The owner of a small business on Valencia Street is blaming a new center bike lane for its demise and now other business owners in San Francisco's Mission District are letting city leaders know they oppose the lane.