Coronavirus Update: San Francisco Bay Area Cities Looking At Tough Cuts As They Face Huge DeficitsThe coronavirus pandemic has hit the city of Richmond with a $27 million deficit for the next fiscal year. "It's not going to be easy," Richmond Mayor Tom Butt said.
Coronavirus Update: Walnut Creek Approves Cuts In Face Of Pandemic Economic Shortfalls In response to the ongoing COVID-19 coronavirus pandemic, the Walnut Creek City Council has approved $6.5 million in spending cuts and moved to use $3.6 million in reserve funds to close a projected $10 million budget gap for the fiscal year that ends June 30.
Stockton Basic Income Experiment Shows How Needy People Spend Free MoneyThe first data from an experiment in the city of Stockton where needy people get $500 a month from the government show they spend most of it on things such as food, clothing and utility bills.
Economic Research Shows Bay Area Employment Expected To Expand Even MoreNon-farm employment is expected to grow through the end of the year in most regions of the Bay Area, according to a forecast released Wednesday by Beacon Economics, an economic research firm based in Los Angeles.
One In Five Americans Commit Financial InfidelityHave you ever lied about money to your partner? As it turns out, many couples are keeping secrets about their cash and spending.
San Francisco Federal Reserve Names Mary Daly As PresidentThe Federal Reserve Bank of San Francisco on Friday announced the appointment of Mary Daly, a longtime Fed economist and a labor market specialist, as the next president of the regional bank.
Free Cash For Everyone? Stockton's Mayor Plans To See If It WorksAs a kid growing up in Stockton, a little extra money would've meant the world to Mayor Michael Tubbs' family.
Local Economics Professor Offers Advice To Teach At University LevelJobs in education remain in constant demand and typically command outstanding salaries, benefits and job satisfaction.
Summers Withdraws From Fed Chief Consideration; SF's Yellen Lead CandidateLawrence Summers' withdrawal followed growing resistance from critics. His exit could open the door for his chief rival, Janet Yellen, the Fed's vice chair.
Stanford, UCLA Professors Awarded Nobel Prize For EconomicsTwo American scholars were awarded the Nobel economics prize on Monday for studies on the match-making that takes place when doctors are coupled up with hospitals, students with schools and human organs with transplant recipients.
Daly City Considers Possible Medical Marijuana Dispensary BanThe city council will hear public comments on Monday about a possible ban of medical marijuana dispensaries in the city.
Stanford Economist: NFL Lockout Could Change Game For Other LeaguesThe NFL lockout now being disputed in a federal appeals court could signal dramatic institutional changes in every professional sport as players fight for free agency, a Stanford economist said Friday.
Beef Prices On the Rise