Major bank announces elimination of 20,000 jobs after losses
Citigroup announced a net loss of $1.8 billion in the fourth quarter.
SF resident sentenced to prison, fined $5 million for investment fraud
A former San Francisco resident was sentenced to serve four years in prison for committing multiple felonies in connection with an investment fraud scheme involving cryptocurrencies, federal prosecutors said Thursday.
New BART anti-fare evasion gates begin service at West Oakland
The new anti-fare evader BART gates are up and running at West Oakland station.
Heiress giving away 25 million-euros wants ‘citizen group’ to decide who gets it
Marlene Engelhorn inherited the 25 million euros from her late grandmother.
Jobs juggernaut move forward in economy
The nation's jobs market is still moving ahead, but a slight slower pace. It’s, a Goldilocks pace that is neither too hot or too cold.
Lower gas prices expected in 2024 and weather, geopolitics could play role
Analysts said growing oil production in the U.S., as well as greater inventories, could lead to prices falling by at least 15 cents through the year.
State Farm homeowner insurance rates to skyrocket
Customers with home insurance policies through State Farm will soon pay higher premiums after California granted a rate hike.
FAFSA: What to know about changes to this year's application for student aid
A new version of the federal student aid application known as the FAFSA is available for the 2024-2025 school year, but only on a limited basis. Here's how it works and some of the key changes.
Powerball: Winning $842M jackpot ticket sold in Michigan
The winning ticket as part of the Powerball's $842 million jackpot was sold in Michigan, according to lottery officials.
2023 the year in jobs, employment and labor
The year of 2023 was both reserved and raucous in terms of the labor market cooling and labor unions colliding with employers. As every year and using the latest numbers available, we look at the evolution of employment year over year.
US national debt nears $34 trillion; majority of voters say economy is in bad shape
The U.S. government’s total debt was fast approaching $34 trillion as of Friday afternoon, according to the latest numbers from the U.S. Treasury.
Powerball jackpot: New year kicks off with $810 million prize on the line
The prize is now the fifth-largest Powerball jackpot and 10th-largest U.S. lottery jackpot.
U.S. Bank sending nearly $6 million to consumers for freezing access to unemployment benefits during COVID-19
U.S. Bank allegedly froze thousands of accounts of unemployed workers during the pandemic, and they didn’t create a simple way for them to retrieve access to their accounts.
New year, new price to mail a letter via US Postal Service
The U.S. Postal Service is once again saying inflation is the reason the cost to mail a letter is going up after recording $6.5 billion net loss for 2023.
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.
Here are the 22 states that will get minimum wage increases on Jan. 1
In 2024, these states will see a wage hike raising the pay for more than 9 million workers.
Powerball Numbers for Dec. 23; Christmas Jackpot Soars to $638M
The Powerball jackpot drawing on Saturday evening ended without anyone winning its $620 million grand prize.
Gen X advised to ‘stop spending’ due to largest retirement savings wealth gap of any generation
Economist argues less spending equals a 'milder’ recession.
Powerball jackpot rises to estimated $620M after no winner in December 20 drawing
The Powerball jackpot continues to rise after no tickets matched all six numbers Wednesday night to claim the $576 million grand prize.
IRS to waive $1 billion in penalties for millions of taxpayers – here’s who qualifies
Nearly 5 million people, businesses and tax-exempt organizations — most making under $400,000 per year — will be eligible for the relief starting this week, the IRS said.