Former Apple employee ordered to serve jail time, pay restitution for fleecing the company
Dhirendra Prasad’s sentencing for two charges — conspiracy to commit mail fraud and wire fraud and conspiracy to defraud the U.S. — stemmed from an alleged plot that lost Apple over $17 million.
Restart of federal student loan payments may be around the corner
The student loan payment freeze dates to early 2020.
Banking's bad day: Collapse of Silicon Valley Bank
Federal banking officials have released their finding on the crash of Silicon Valley Bank on a day another once booming bank hangs on by a thread. A bad day for banking just got worse with news fo a fourth failure.
Silicon Valley Bank failure: Fed partly blames itself for collapse
Silicon Valley Bank failed due to a combination of extremely poor bank management, weakened regulations and lax government supervision, the Federal Reserve said Friday, in a highly-anticipated review of how the central bank failed to properly supervise the bank before it collapsed early last month.
Today's best mortgage deal? Back to 15-year terms | April 28, 2023
Check out the mortgage rates for April 28, 2023, which are trending up from yesterday.
Engagement ring sales fall sharply – blame COVID, jewelry giant says
Pandemic lockdowns ended many early relationships and led to a dramatic decline in dating overall, resulting in “the engagement gap that we’re still seeing today," industry executives said.
Today's lowest mortgage rate? 15-year terms | April 26, 2023
Check out the mortgage rates for April 26, 2023, which are trending down from yesterday.
These are the cities you can earn six figures in and still be broke
A new study found that in 16 of the 100 largest U.S. metros, a family of three earning a $100,000 annual income would spend more on the basics than what they earn. California cities made up half of the list.
Today's best mortgage deal? 15-year terms for 6th day in a row | April 25, 2023
Check out the mortgage rates for April 25, 2023, which are mixed from yesterday.
Underground casino operation busted by San Jose police
Police say they’ve arrested the alleged mastermind behind an underground casino operation in San Jose. Several suspects were arrested, and police say they found dozens of gambling machines, drugs and weapons at the locations.
First Republic Bank plans for massive layoffs
First Republic Bank, headquartered in San Francisco, announced plans to layoff up to 25% of its staff.
$1.5M Powerball prize from Los Gatos claimed hours before deadline
A person came forward on the last day of eligibility to claim a winning $1.5 million Powerball ticket purchased at a Los Gatos gas station in October.
Today's best mortgage rate? 15-year terms remain steady at 5.625 percent | April 24, 2023
Check out the mortgage rates for April 24, 2023, which are mixed from last Friday.
Phony film executive sentenced to 5 years in prison, $1.9 million restitution
A San Francisco man was sentenced to five years in federal prison and ordered to pay almost $1.9 million in restitution to two fleeced investors -- including one he persuaded to believe he was a movie executive, federal authorities said Friday.
1st Trader Joe's store unionizes in California
A Trader Joe's in Oakland has become the first of the chain's supermarkets in California to unionize.
Today’s mortgage rates continue to climb, pushing over 6 percent | April 20, 2023
With mortgage rates climbing, borrowers should act quickly to lock in their preferred rate ahead of likely future increases.
SF launches "Vacant to Vibrant" program calling for ideas to turn office space into pop-up shops
When Simon Bertrang walks through downtown San Francisco, he doesn't just see empty storefronts, he sees properties, full of potential. Bertrang is executive director of SF New Deal, a non-profit chosen by the city to launch the program "Vacant to Vibrant".
Today's best mortgage deal? Rates for 15-year terms are lowest | April 18, 2023
Check out the mortgage rates for April 18, 2023, which are trending up from yesterday.
Unclaimed $1.5M Powerball ticket bought in Los Gatos about to expire
A Powerball ticket worth more than $1.5 million after being purchased in Los Gatos in October will expire next week if no one comes forward to claim it, California Lottery officials said Tuesday.
More women earning as much as husbands, but still do more at home, study finds
In U.S. marriages where spouses earn the same income, husbands were still found to spend more time on leisure, while wives spend more time on caregiving and chores, according to Pew Research.