Small businesses in downtown San Francisco hit hard by worker exodus
With the return to the office not being as immediate as many might've hoped, downtown San Francisco businesses have been struggling.
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With the return to the office not being as immediate as many might've hoped, downtown San Francisco businesses have been struggling.
Truss faced a fast-mounting rebellion just weeks into her tenure, with a senior member of her own party declaring he'd "had enough of talentless people."
Ian Lee reports on embattled British Prime Minister Liz Truss announcing resignation after just six weeks on job (10-20-2022)
An estimated 1 billion crabs have mysteriously disappeared from Alaskan waters in two years, officials said.
After a slight slowdown in August, inflation is accelerating again. Michael George reports. (10-13-22)
Dow swings more than 1,300 points as investors glimpse reasons for hope in September consumer price index.
Natalie Brand reports on the economic worries business owners have as they consider options during midterm elections (10-11-2022)
Wall Street is concerned that Friday's stronger-than-expected jobs report could prompt more rate hikes from the Fed.
Naomi Ruchim reports on effort by Feds to curb inflation by hiking interest rates (9-21-2022)
There are some encouraging signs of life in downtown San Francisco after three tough years of empty streets and vacant offices.
At Margaritas Mexican Restaurant in Redwood City, owner Ramon Bravo has seen a lot in his 21 years in business but he says this has been the hardest for him
The bill's passage is a significant achievement for Democrats as they look to maintain their hold on Congress in the November midterm elections.
Democrats hope to have the ''Inflation Reduction Act'' ready for President Biden to sign by the end of the week.
The travel industry was hit hard by the pandemic but, in San Jose, the evidence is clear that the leisure and hospitality business is on the rebound. Len Ramirez reports. (8-5-22)
Friday's report showing unexpectedly strong employment gains is easing fears of a recession. Shawn Chitnis reports. (8-5-22)
Job growth last month blows past analyst forecasts, as the U.S. jobless rate fell to the lowest since February 2020.
CEO Vlad Tenev says soaring inflation and cryptocurrency crash is discouraging customers from trading.
Billionaire Elon Musk said Tuesday he intends to reverse Twitter's ban against former President Donald Trump. CBS News' Tanya Rivero and Dan Patterson break down this announcement with CBS News tech reporter Dan Patterson.
The Federal Reserve, as expected, announced it is raising interest rates by three-quarters of a percentage point to help tamp down inflation. CBS News' Tanya Rivero and Christina Ruffini get analysis of the economic and political impact from Ted Rossman, senior industry analyst at Bankrate.com; CBS News political correspondent Caitlin Huey-Burns; and Michelle Singletary, Washington Post personal finance columnist.
The rise in the federal funds rate, which is what banks charge each other for overnight loans, comes as several significant pieces of economic data are released this week.
More than 250,000 people applied for unemployment benefits last week, the highest number since November.
But sales of previously occupied homes have slowed sharply amid higher mortgage rates and rising prices.
The ongoing aluminum can shortage is changing the way some craft breweries are conducting business.
After months of increases, some costs associated with transportation -- namely fuel -- are finally starting to go down.
Skyrocketing inflation is impacting many business sectors, but it is also hitting Bay Area food lovers right in the gut.
