Economy

President-elect Trump is reviewing candidates for the Treasury secretary role, with the list of contenders getting broader after Elon Musk offered an endorsement and shook up the race.

The overall U.S. unemployment rate is hovering at a historically low 4.1%.

The stock markets have increased, setting new highs since President-elect Trump won the election. But will the "election elation" last?

Measure GG proposes a tax on natural gas use on bigger buildings, but some business owners believe it’s too expensive and could force them to close.

Despite lowered interest rates, the boom days of California healthy home sales and quick financing seem farther and farther away.

Former President Donald Trump has vowed to eliminate inflation if he returns to office, but economists warn that his proposed policies, including high tariffs, mass deportations, and interference with the Federal Reserve, could worsen the issue.

Notable differences this year include the shopping period between Thanksgiving and Christmas being nearly a week shorter, and the economic impact of Hurricanes Helene and Milton.

The improved inflation stats show that it’s steadily moving back to the Federal Reserve’s 2% target, with the agency likely to keep cutting its standard interest rate in 2024.

Oakland kicked off a series of events on Wednesday night, designed to attract people to the city. It's called "Oakland Style." It highlighted the best of what the city has to offer in cuisine, culture, and art. There was a new event this year. Organizers added a mixologist competition.

Though the vast majority of economists and analysts saw the U.S. gaining about 144,000 new jobs in September, the actual number blew those estimates away at 254,000. 

JCPenney is hiring more than 10,000 seasonal workers nationwide ahead of the holiday season. Here are the other companies looking for seasonal employees.

The new water year begins on October 1st and it comes on the on the heels of one of the hottest and driest summers on record. So, the California Department of Water Resources just briefed the media on expectations and preparations for the next 12 months. In fact, the DWR is masterful at managing water and it's getting better at looking into Mother Nature's weather crystal ball.

Hundreds of Cisco Systems employees will be laid off as the company shifts focus to artificial intelligence and cybersecurity.

About 4 in 10 registered voters say Trump would do a better job handling the economy, while a similar number say that about Harris, according to a new AP-NORC poll.

While the federal funds rate is not what consumers pay directly, it affects borrowing costs for home equity lines of credit, auto loans and credit cards. Mortgage rates are linked to moves in the 10-year Treasury yield.