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Economy

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Analysis: With Bay Area Rents At Record Highs, How Do We Find Relief?

According to a new report, rent across the Bay Area has reached record highs. The region has averaged nearly double-digit rises annually for the last three years.

04/16/2014

A sign advertising an apartment for rent in San Francisco, California. (Justin Sullivan/Getty Images)

Economist Feels Record Rents In Bay Area Could Severely Stunt Economic Growth

Stephen Levy, Director of the Center for Continuing Study of the California Economy in Palo Alto, said the skyrocketing prices are having wide-ranging effects on the economy.

04/16/2014

Ariel view of San Francisco

SF Bay Area Ranked Second Most Densely Settled Urban Region In US

SAN FRANCISCO (KCBS) – A national analysis of U.S. cities finds the greater San Francisco area is the second most densely settled urban area in the country behind New York City. San Francisco, San Mateo […]

04/03/2014

Levi Strauss & Co Jeans Jacket (AP Photo)

Levi Strauss Cutting 800 Jobs

Levi Strauss & Co. is planning to eliminate about 800 jobs as part of restructuring efforts over the next 12 to 18 months.

03/26/2014

Oakland Mayor Jean Quan has plans to outline a proposal to build more housing units and bring in new residents as proposed during her State of the City address on March 6, 2014. (Justin Sullivan/Getty Images)

Oakland Mayor Quan’s State Of The City Optimism May Not Be Enough For Re-Election

Oakland Mayor Jean Quan delivered her last State of The City Address Thursday before facing voters in her re-election effort this fall.

03/07/2014

A pedestrian walks by a Gap store on February 7, 2013 in San Francisco. (Justin Sullivan/Getty Images)

San Francisco-Based Gap Inc. To Raise Minimum Wage For Its Lowest-Paid U.S. Workers

San Francisco-based Gap Inc. announced on Wednesday that they’re raising minimum wage for its lowest-paid workers in the U.S. Workers will receive at least $9 this year and that increase will go to $10 in 2015.

02/19/2014

Walgreens store in San Francisco (Justin Sullivan/Getty Images)

SF Economic Report Finds Restrictions On Chain Stores Would Hurt Local Economy

The report comes as Supervisor Eric Mar has proposed an ordinance that would expand formula retail controls in San Francisco.

02/13/2014

(left to right) Steve Case, Chairmain of Revolution LLC and co-founder of America Online; Aneesh Chopra, Chief Technology Officer of the United States, White House; Sheryl Sandberg, Chief Operating Officer of Facebook.

Silicon Valley Tech Leader Taking Cautious Approach In The New Year

Although it was a banner year for many Silicon Valley companies in 2013, a business leader said the region needs help from the federal government to continue the trend in 2104.

01/01/2014

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Bay Area Unemployment Rate Continues To Drop

Unemployment rates continued to drop in California and in the Bay Area in November, according to state jobs data released Friday.

12/20/2013

A sale pending sign stands in front of a home for sale in San Francisco. (Justin Sullivan/Getty Images)

ConsumerWatch: Bay Area Home Sellers, Buyers Stalled By Washington Shutdown

Sellers across California have been holding the door open, hoping to cash in on double digit increases in home prices, and a surplus of buyers motivated by low interest rates. But, the stalemate in Washington is stalling home sales in the Bay Area.

10/10/2013

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