Liberty Mutual company Safeco drops condo coverage and renters insurance
Another major insurance company is trimming its risk by refusing to sell more insurance to multifamily developments. The insurance commissioner promised a more stable and affordable market, but what we have right now are cross currents, contradictions, and chaos.
Trump announces $100B investment in the U.S.
Trump joined SoftBank Group CEO Masayoshi Son at his Florida home Monday to announce that the company is planning to invest $100 billion in U.S. projects over the next four years.
Farmers Insurance says they'll write more policies as homeowners' market improves
Farmers Insurance says the marketplace has improved in California and that they can now expand the number of policies it can write each month.
Trump's tariff warning met with threat from Ontario that would make energy 'unaffordable' in Michigan & U.S.
In response to Donald Trump's 25% tariff plan, Ontario is considering limiting the export of electricity to the United States in a move that Premiere Doug Ford said would make electricity unaffordable for Americans.
Gas prices hit a 3-year low – where are they headed next?
Drivers are getting some much-needed relief at the pump after gas prices fell significantly nationwide.
San Francisco Fillmore Street legacy restaurant signs lease extension
A San Francisco legacy restaurant that serves Mediterranean fare has signed a lease extension on Fillmore Street.
SJ business owners decry economic impact of VTA expansion
Several east San Jose business owners complained, on Wednesday, that VTA's expansion of the Alum Rock light rail line to Eastridge Mall is causing traffic disruptions and closures that are hurting their bottom lines.
Black Friday shoppers fill Union Square, crowds steady but not overwhelming
Shoppers across the Bay Area are on the hunt for good deals this Black Friday. Many people are dropping into stores in San Francisco's Union Square. While activity picked up in the afternoon, some businesses say foot traffic is down from this time last year.
Trump, Canadian Prime Minister Trudeau to meet in Florida to discuss tariffs
Canadian Prime Minister Justin Trudeau flew to Florida on Friday to meet with President-elect Donald Trump following his threats to impose sweeping tariffs on Canadian products.
Walmart warns of higher prices if Trump implements proposed tariffs
Potential tariffs could cost American consumers between $46B and $78B in annual spending power, the National Retail Federation says.
Target quarterly results fall as holiday discounts and dockworker strike hit profits
Target etched out a slim sales increase in the third quarter and profits slumped as inflation-weary customers pulled back on spending and costs related to a dockworker strike in October dragged on results.
Trump's Treasury secretary pick: Who are the contenders?
President-elect Trump is reviewing candidates for the Treasury secretary role, with the list of contenders getting broader after Elon Musk offered an endorsement and shook up the race.
California lost 5,500 jobs in October, bringing unemployment rate to 5.4%
The overall U.S. unemployment rate is hovering at a historically low 4.1%.
Stock market, Bitcoin soaring to record highs since presidential election. Will it last?
The stock markets have increased, setting new highs since President-elect Trump won the election. But will the "election elation" last?
Why California gas prices could get even more expensive
The plan approved will increase the state’s emission reduction targets and fund charging infrastructure for zero-emission vehicles.
Federal Reserve cuts its key interest rate by a quarter-point on heels of election
The interest rate cut follows a larger half-point reduction in September, and it reflects the Federal Reserve's continued focus on supporting the job market and battling inflation.
Newsom proposes increased tax credits for TV, film production
Gov. Gavin Newsom is voicing his support for legislators to increase the tax credit the state offers to producers of films and TV shows that shoot in California by more than double.
Measure GG: Berkeley's battle between economy and environment
Measure GG proposes a tax on natural gas use on bigger buildings, but some business owners believe it’s too expensive and could force them to close.
California's home insurance crisis: Real estate industry adjusts
Despite lowered interest rates, the boom days of California healthy home sales and quick financing seem farther and farther away.
A closer look at how Trump's economic plan could impact inflation
Former President Donald Trump has vowed to eliminate inflation if he returns to office, but economists warn that his proposed policies, including high tariffs, mass deportations, and interference with the Federal Reserve, could worsen the issue.