Economy

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

Rows of new homes line a street in a housing development on December 4, 2013 in Oakland, California. (Justin Sullivan/Getty Images)

Noted California Economist Expects Economic Boom To Soon Hit East Bay

Chris Thornberg, founding partner of Beacon Economics, said businesses will eventually follow, as many people with jobs in San Francisco and Silicon Valley have already moved to the East Bay.

05/29/2014

Firefly Restaurant in San Francisco. (Firefly Restaurant)

Cooks Being Snatched Up In San Francisco’s Booming Restaurant Industry

San Francisco’s unemployment rate is at its lowest level in six years, but for those in the restaurant industry, the booming economy is making it hard for some small businesses to fill job openings.

05/28/2014

San Francisco skyline in view from Alameda Point. (AP Photo)

New Poll: Most Bay Area Residents Happy With Economy And Region’s Direction

According to a new Bay Area Council poll, almost 60 percent of Bay Area residents believe the region is headed in the right direction.

05/27/2014

A stream of water cuts through a dry section of Folsom Lake on March 20, 2014 in Granite Bay, California. (Justin Sullivan/Getty Images)

California Drought Could Cost Agricultural Economy $1.7B, Leave Thousands Without Work

Researchers say California’s drought could cost the state’s agricultural economy $1.7 billion this year and leave more than 14,000 farmworkers without work.

05/19/2014

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

California Jobless Rate Hits New Low Since 2008

California’s unemployment rate has dipped below 8 percent for the first time in nearly six years, a sign that the state’s economy has rebounded from the depths of the recession.

05/16/2014

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

Bay Area’s Middle Class Being Pushed Out Of SF Metro Area’s Housing Market

The middle class is being pushed out of the San Francisco metro area’s housing market.

05/13/2014

California Gov. Jerry Brown discusses pension reform during a news conference on August 28, 2012 in Los Angeles. (Kevork Djansezian/Getty Images)

Bulk Of Gov. Brown’s Revised State Budget Would Go Towards Medi-Cal

California Gov. Jerry Brown unveiled his revised state budget on Tuesday, which is $1 billion more than the original he submitted in January. The majority of the funds would go to health-care costs for the poor.

05/13/2014

1. Toyota Corolla (1966 – )

Toyota’s Texas Move Leaves California Headquarters In The Dust

Toyota’s announcement this week that it’s moving 3,000 sales and finance jobs from Southern California to Texas leaves the Torrance headquarters behind in the dust.

04/29/2014

(photo credit: Thinkstock)

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

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