San Francisco lawmakers consider funding reparations for slavery: $5 million per Black person
San Francisco could become the first major U.S. city to fund reparations for slavery and systemic racism as the idea gains traction across the country.
2 failed banks, February inflation remaining high put Fed in tough spot
The government reported Tuesday that February prices were still elevated, which could drive another interest rate hike. But the collapse of two banks in recent days has the potential to stop it.
Silicon Valley Bank's demise impacts SF Housing projects
The stress of Silicon Valley Bank's sudden collapse was clear Monday, as a long line of clients lined up to get cash from the Santa Clara headquarters.
'I'm feeling helpless and unmoored': Etsy sellers go unpaid after Silicon Valley Bank collapse
Etsy said it will have to delay payments to its sellers after the Silicon Valley Bank collapse, but its words are of little comfort to those in need.
Silicon Valley Bank crisis: Feds move in to help
In an effort to shore up confidence in the banking system, the Treasury Department, Federal Reserve and FDIC said that all Silicon Valley Bank clients would be protected and able to access their money.
US government says all Silicon Valley Bank clients will have access to funds
The U.S. government took extraordinary steps Sunday to stop a potential banking crisis after Friday's historic failure of Silicon Valley Bank, the second-largest bank failure in U.S. history.
No federal bailout for collapsed Silicon Valley Bank: Treasury Secretary Yellen
Treasury Secretary Janet Yellen said Sunday that the federal government would not bail out Silicon Valley Bank, but is working to help depositors who are concerned about their money.
Utah bank robber steals $1, demands to go to federal prison: report
The suspect took the money and refused to leave the bank, Utah police said.
Silicon Valley Bank seized by regulators
Silicon Valley Bank, known as SVB, is the largest bank failure since the height of the 2008 financial crisis.
Savings window opens: Today's 30-year mortgage rates dive to 13-day low | March 10, 2023
Check out the mortgage rates for March 10, 2023, which are largely down from yesterday.
Lottery players in Oakland, San Jose each win $2M from scratchers
Lucky lottery players in Oakland and San Jose each won $2 million recently with Scratchers tickets purchased at stores, California Lottery officials announced Thursday.
Man finds winning lotto ticket in drawer days before it expires with wife's help
The man forgot about his winning lottery ticket until his wife saw a news story about it and reminded him to look for it.
Meta will reportedly slash thousands of jobs this week
Meta, the parent company of Facebook and Instagram, is reportedly set to lay off thousands of workers as early as this week. Late last year, the company also cut the jobs of 11,000 employees.
Powell signals increased interest rate hikes if economy stays strong
Chair Jerome Powell's comments raise the possibility that the Fed will increase its key interest rate by a half-percentage point at its next meeting, after having carried out a quarter-point hike in February.
Housing affordability at record low, report says
The number of affordable listings fell 53% from a year earlier, the Redfin report found.
Car debt piles up as more Americans struggle to make payments
Car repossessions are growing as Americans are still struggling with higher car prices and inflation.
San Francisco Muni faces 'fiscal cliff'
San Francisco's Muni is among the Bay Area's transit agencies facing unprecedented financial challenges.
Costco maintaining low rotisserie chicken prices
Rotisserie chicken is just one example of key categories Costco members covet
San Francisco high schoolers create investment club
Students at one San Francisco high school are taking a hands-on approach to learn about economics. The teens started and ran an investment club, and are now managing a portfolio worth more than $14,000.
Good news: Personal loan interest rates fall for 3-year fixed-rate loans
The latest trends in interest rates for personal loans from the Credible marketplace, updated weekly.