Economy

BART Strike Hampers Bay Area Monday Morning Commute

3 Bay Area Cities Add More Than 100,000 Jobs In The Last Year As Boom Continues

The Bay Area job boom is showing no signs of let up with the Bay Area’s three biggest cities alone adding more than 100,000 jobs over the last 12 months.

01/23/2015

A luxury yacht anchored in the Caribbean. (credit: Thinkstock)

Survey: The Rich Will Get Richer; 1 Percent To Own Half Of World’s Wealth By 2016

The richest 1 percent of the population will own more than half the world’s wealth by 2016, Oxfam International said in a report released as the World Economic Forum begins in Davos, Switzerland.

01/19/2015

A potential hybrid car buyer test drives a Toyota Prius in San Francisco. (Photo by David Paul Morris/Getty Images)

Prius No Longer The Darling Of Bay Area Hybrid Car Lovers, But A Facelift Might Help

Once upon a time, you had to get on a waiting list just to test drive a Prius at the Toyota dealer, in Berkeley. Not so, anymore. If sales are the bottom line, it looks like the darling of the Bay Area’s hybrid crowd has lost its luster.

01/17/2015

Tech:Crunch Disrupt SF 2012. (James Martin/CNET)

Venture Capital Firms Rain Cash On Startups As Fears Of Bursting Bubble Build

Cash rained down on startups in 2014 but with valuations so high, critics suggest some investors may be setting themselves up for a major fall.

01/17/2015

Lines at the Port of Oakland. (CBS)

New Report Shows Oakland Employment On The Upswing

The average unemployment rate in Oakland dropped to 9.4 percent in the third quarter of 2014 compared with 11.4 percent in the third quarter of 2013.

01/04/2015

(Craig Barritt/Getty Images for Tribeca Film Festival)

Vodka Prices Capped In President Vladimir Putin’s Plan To Handle Plummeting Ruble Value

Putting Russia’s signature drink in the spotlight, President Vladimir Putin announced plans to cap the prices for vodka, as his country’s currency continues to plummet.

12/24/2014

(Photo by Andrew Burton/Getty Images)

Dow Jones Tops 18,000 For First Time As U.S. Economy Grows At Fastest Pace In 11 Years

Stocks are pushing further into record territory as the Dow Jones industrial average tops 18,000 points for the first time.

12/23/2014

The jobless rate dipped below 8 percent -- the lowest it's been in six years. (Bloomberg via Getty Images)

California Adds 90,000 Jobs In November; SF Unemployment Rate Drops to 4.4 Percent

Unemployment rates across the Bay Area dropped in November, compared with a year ago, according to data released Friday from the state’s Employment Development Department.

12/20/2014

Eggs for Sale

Egg Prices Could Rise As Much As 40 Percent When New State Regulations Take Effect In January

New state regulations that take effect in January that require poultry farmers to provide more space in hen houses is expected to drive up egg prices.

12/16/2014

iPad Mini (credit: JEAN-SEBASTIEN EVRARD/AFP/Getty Images)

Apple Halts Online Sales In Russia After Ruble Plunges

Apple has halted online sales of its iPhones, iPads and other products in Russia amid financial turmoil triggered by the steep decline in the country’s currency.

12/16/2014

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