California airport worker 'set for life' after hitting jackpot with $20M lottery win
Durwin Hickman, a California airport worker, is celebrating a life-changing moment after winning $20 million from a $30 Set For Life! scratch-off lottery ticket purchased during his lunch break.
Holiday debt hangover poised to be 'particularly nasty' this year, analyst says
While retail sales are strong, an industry economist is warning about about an uptick in usage for buy now, pay later services as consumers battle growing debt obligations.
Canadian-Lebanese citizen extradited to face fraud, money laundering charges in San Francisco
A Canadian-Lebanese citizen was extradited from Greece to the U.S. to face fraud and money laundering charges in San Francisco, federal prosecutors said Wednesday.
Bay Area food banks pushing to meet growing need
Six months ago, life took a downturn for San Jose resident Tulei Logotaeao. She recounted losing her job as food prices surged, leading her to rely on Lord’s Pantry in East San Jose for most of her groceries each month.
PG&E asks for another rate hike due to climate change
Climate change has aggravated inflation, but nowhere more than with Pacific Gas & Electric, the first major utility to deal with far more effects of extreme weather related to fire and floods.
Organized retail crime not as prolific as the individual shoplifter, data shows
Despite what you may see on TV, individual shoplifting is the greater detriment to retailers than organized crime that has seen groups raiding stores.
California jobs defying economic gravity
The nation gained 199,000 jobs in October, well above the projections but lower than the monthly average for the year. California made up 40,000 of those jobs, 20 percent of new jobs nationally, well above its percentage of the national workforce.
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.
'Home Alone' fans shocked by almost 250% increase in grocery prices since iconic shopping trip
Kevin McCallister's grocery list in the classic film "Home Alone" has gone from $19.83 in 1990 to $72.28 in 2023.
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.
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.
Bitcoin price surpasses $41,000, 1st time since April 2022
Bitcoin is once again having a moment. On Monday, the world’s largest cryptocurrency soared past $41,000 for the first time in over a year and a half — and marking a 150% rise so far this year.
These are California's places with the lowest of cost of living: study
These are the 50 places with the lowest cost of living in California, according to a new study by Niche.
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.
US housing market has 'big hole' to dig out of, economist says
New home construction is a 'multiyear problem,' according to Realtor.com chief economist Danielle Hale.
Gas prices’ downward trend continues – for now: AAA
Nationwide gas prices continue to fall. Lower gas demand has been a main contributor in limiting pump price increases amid rising oil prices, according to AAA.
Why SSI beneficiaries will receive two payments in December
Here’s when claimants can expect to receive their payments starting next month.
US ill-prepared to house growing number of older people, study says
Over the next decade, the U.S. population over the age of 75 will increase by 45%, growing from 17 million to nearly 25 million.
Working mom's tearful confession on family living paycheck to paycheck goes viral: 'I don't know what to do'
Pennsylvania mom and registered nurse Mackenzie Moan's viral TikTok about her family's financial struggles has led others to raise their voices about the high cost of living.