Bay Area bridge tolls going up again on Jan. 1
Motorists are just one month away from another toll hike on the seven state-owned Bay Area bridges.
Powell says Federal Reserve may accelerate pullback in economic support
Chair Jerome Powell said that the Federal Reserve will consider acting more quickly to dial back its ultra-low-interest rate policies to counter higher inflation.
Small businesses hope for holiday season boost through shop local campaign
It’s the start of the holiday shopping season and the City of San Jose is trying to give small businesses a boost during the pandemic. The city has launched a campaign called Shop Local SJ.
Fighting gas prices, US to release 50 million barrels of oil
The U.S. action is focused on helping Americans coping with higher fuel and other prices ahead of Thanksgiving and winter holiday travel.
CVS to shutter nearly 1,000 stores over 3 years in online retail shift
As retail evolves, one major pharmacy chain is closing one in 10 of its stores to make major changes. Other chains are wrestling with their own problems in how to adapt to a changing retail landscape.
US unemployment claims drop seventh straight week to 268,000
U.S. jobless claims dipped by 1,000 last week from the week before to a pandemic low of 268,000, the Labor Department reported Thursday.
Could California's higher gas prices be illegal? Economist says maybe so
Fuel sticker shock has now turned into the 'reverse limbo' question of "How high can you go, setting new records every day?"
Target, Walmart say holiday inventory is up despite supply chain disruptions
Target and Walmart say they are kicking off the holiday season with stocked shelves despite the industry's battle with supply chains and shipping backlogs.
Oakland mayor announces bold rental assistance pilot program
200 Oakland families will each get ongoing support, averaging $750 a month, for up to 18 months, to reduce their rents by 50%.
Biden signs $1T infrastructure bill into law as Congress debates climate, social bill
The bill includes providing $110 billion to repair the nation’s aging highways, bridges and roads.
California gas prices set new record as Bay Area prices soar even higher
Gas prices in California reached an all-time high on Monday, with prices in the Bay Area even higher, hitting new records of their own.
US inflation: Economists explain why consumer prices are rising
For months, many economists had sounded a reassuring message that a spike in consumer prices, something that had been missing in action in the U.S. for a generation, wouldn’t stay long.
Biden administration ‘looking at every tool in arsenal’ to address gas price hike
Energy costs played a large role in the inflation surge, skyrocketing 4.8% from September to October, with the price of gas jumping up 6.1%.
Americans quit jobs at record pace in September for 2nd straight month
The Labor Department said Friday that 4.4 million people quit their jobs in September, or about 3% of the nation's workforce.
Bay Area inflation is busting budgets
Nationwide, the inflation rate rose at its fastest pace in 31 years, chipping away as spending power from coast to coast. But what's the Bay Area impact?
US consumer prices jumped 6.2% in past year, highest inflation rate since 1990
Driving the price spikes are supply shortages resulting from consumer demand and COVID-related factory shutdowns coming out of the pandemic recession.
Unemployment claims drop to 267,000, a new pandemic low
Jobless claims fell by 4,000 last week, the Labor Department reported Wednesday.
USPS hopes robotic processing in Oakland will help the holiday rush
The USPS Oakland Processing and Distribution Center is the first site to test and successfully use a new robotic arm. Officials said it makes sorting packages more efficient.
Kaiser mental health clinicians announce 1-day strike over understaffing, long patient wait times
Kaiser Permanente mental health clinicians in the Bay Area and the Central Valley will hold a one-day strike next week, union officials representing the workers said on Tuesday.
11 Democratic lawmakers ask Biden to dip into Strategic Petroleum Reserve to alleviate gas price hike
The Strategic Petroleum Reserve is stored in huge underground salt caverns at four sites along the coastline of the Gulf of Mexico and is the world’s largest supply of emergency crude oil.