Economy

(CBS)

UCLA Economists Predict ‘Painfully Plodding’ Recovery For California

California incomes have been rising and the state continues to create new jobs, but a group of leading economists still does not expect the recovery to pick up steam any time soon.

09/11/2014

View of counterfeit dollar notes seized by the Department of Criminology (Dirincri) during a presentation to the press in Lima on October 29, 2013. About four million dollars and 422 thousand Euros were seized by the Peruvian Police from a specialized criminal organization. AFP PHOTO/ERNESTO BENAVIDES (Photo credit should read ERNESTO BENAVIDES/AFP/Getty Images)

UC Berkeley Offers 2nd Opinion On San Francisco’s Proposed $15-An-Hour Minimum Wage

UC Berkeley researchers have given a second opinion on how raising San Francisco’s minimum wage to $15 an hour would impact the city and its employment rate and they seem to think it’s a good idea.

08/27/2014

Tesla HQ

Budget Watchdogs Urge California To Show Restraint As Tesla Gigafactory Competition Heats Up

Earlier this week, budget watchdogs wrote an open letter warning five states, including California, not to offer too many incentives to Tesla.

08/27/2014

U.S. House Minority Leader Rep. Nancy Pelosi (D-CA) speaks to members of the media outside the West Wing of the White House after a meeting with President Barack Obama September 3, 2013 in Washington, DC. (Alex Wong/Getty Images)

Nancy Pelosi Drops By SF Central Subway Project; Talks Up Middle Class Jumpstart Campaign

House Minority Leader Nancy Pelosi (D-CA) dropped by the Central Subway construction project at San Francisco’s Moscone Center Tuesday to campaign for the election of House Democrats in November.

08/12/2014

A view of the main entrance to Apple Inc. in Cupertino, California on Friday, March 11, 2011. (Ryan Anson/AFP/Getty Images)

Report Shows Silicon Valley Leading U.S. Economic Recovery

The report from the Manhattan Institute for Policy Research shows the manufacturing sector in Silicon Valley has been a leading factor for economic growth in the region.

07/23/2014

Levi's Stadium in Santa Clara, California. (CBS)

South Bay Labor Leaders Push For Higher Paying Jobs At 49ers’ Levi’s Stadium

Labor leaders in the South Bay are pushing for more high-paying jobs at the 49ers’ new stadium in Santa Clara.

07/14/2014

Stock traders on Wall Street. (Spencer Platt/Getty Images)

Dow Breaks 17,000 For 1st Time Following Strong US Job Gains

The government said early Thursday that U.S. employers added 288,000 workers last month, far more than economists were expecting. The unemployment rate fell to 6.1 percent.

07/03/2014

Texas Gov. Rick Perry. (Mandel Ngan/AFP/Getty Images)

Texas Governor Rick Perry Visits California In Push For Tesla Battery Factory

Texas Gov. Rick Perry held up his own state as a model for responsible energy production and economic growth in California.

06/11/2014

Silicon Valley Location Of IBM In San Jose. (David Mcnew/Getty Images)

Women In Technology Summit Celebrates 25 Years; Still Struggles With Male-Dominated Industry

This year marks the 25th anniversary of a Silicon Valley conference aimed at getting more women into senior positions in the technology industry.

06/02/2014

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

Real Estate Expert Says China Cash Is Driving Soaring San Francisco House Prices

More and more, home buyers are bringing a once-rare tactic to the negotiation — all-cash offers. In San Francisco, a lot of those buyers are coming from China.

06/01/2014

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