Economy News

US government shuts down; Dems, GOP blame each other

US-Congress-tape-nb

The federal government shut down at the stroke of midnight Friday, halting all but the most essential operations and…

Amazon raises monthly Prime membership fees by 20%

Amazon1-nb

Amazon is raising the price of its Prime membership monthly plan by nearly 20 percent…

House votes to avert federal shutdown, Senate chances dim

US-congress6-nb

A divided House voted Thursday to prevent a government shutdown after an eleventh-hour deal brought conservatives…

Oakland announces incentives for more low-income housing units

Oakland-view-nb

Oakland Mayor Libby Schaaf and Oakland Housing Authority officials Wednesday announced new financial incentives for property owners…

China’s birthrate dropped despite allowing 2-child families

China-baby-nb

The birth rate in China has dropped in 2017 despite the end of one child policy in 2016…

Exports, consumers drive China’s 6.9 percent growth in 2017

renminbi-usd-nb

China’s economy gained steam in 2017, expanding at a 6.9 percent pace in 2017 in its first annual increase in seven years…

China criticizes US moves on intellectual property, telecoms

(S) US-China-flag-nb

China on Thursday criticized recent moves by the U.S. targeting the sale of fake goods and Chinese telecoms equipment…

Amazon narrows list to 20 for its second headquarters

Amazon1-nb

Amazon, which is on the hunt for a second home, said Thursday that it narrowed its choices to 20 locations…

Apple to build 2nd campus, hire 20,000 in $350B pledge

Apple-loop-nb

Apple is planning to build another corporate campus and hire 20,000 workers during the next five years…

What comes next after Macy’s leaves Stonetown

Macys-Stonestown-nb

What will happen when anchor tenant Macy’s closes its store at Stonestown Galleria in the Sunset District…