Economy News

Almost half of US households spend all their salaries

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Despite signs that the economy is returning to health, reports suggest that most Americans are walking a financial tightrope…

Facebook’s profit, revenue beat expectations

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For the seventh quarter in a row Facebook beat profit and revenue forecasts…

Record iPhone sales drive blowout quarter for Apple

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Apple had another blowout quarter thanks to its new plus-sized iPhones…

Motorola unveils 3 smart phones for China market

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Motorola unveiled three smartphone models on Monday for its return to China following a two-year absence…

Reports: Google planning to sell wireless phone service

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Google reportedly is planning to sell wireless phone service directly to consumers using the networks of Sprint and T-Mobile…

Macau ranks No. 1 in economic performance

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Macau, the Chinese territory known for casino gambling, outperformed the rest of the world’s major cities economically last year…

EBay to cut 2,400 jobs, spin off or sell enterprise unit

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EBay plans to cut 2,400 jobs, or 7 percent of its staff, in the first quarter to simplify its structure…

Microsoft shows off Windows 10 and ‘HoloLens’

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Microsoft on Wednesday took the wraps off a new version of Windows – and a new wearable 3D gadget it calls the HoloLens…

How strongly U.S. dollar impacts different industries

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U.S. dollar climbs to its highest point in 11 years. What does it mean to businesses and people like you and me?

Bay Area home prices and sales up in 2014

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The average price of a home in the Bay Area is up again on a year over year basis…