Economy News

China unexpectedly cuts rates to support economy

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China’s central bank unexpectedly slashed interest rates on Friday to shore up the world’s No. 2 economy…

Wal-Mart got scammed on selling PlayStation 4

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Wal-Mart found out some customers took advantage of their price-matching policy to buy PlayStation 4…

California job market’s forecast looks good

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EDD said California will add 2.4 million jobs in the next eight years…

ChinaSF brings Hong Kong famous eatery to SF

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Crystal Jade Jiang Nan is the first restaurant brought in from Asia to San Francisco through ChinaSF…

Black Friday: Buy it now or buy it later

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Forget Black Friday, many retailers have already started their holiday shopping push…

Huge digital billboard to light up Times Square

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The lights in Times Square are about to get a lot brighter…

US pension insurer ran record $62B deficit in 2014

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The federal agency that insures pensions for about 41 million Americans saw its deficit nearly double in the latest fiscal year…

Shopping center planned for Candlestick Park

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Candlestick Park will become the site of a large “urban outlet” shopping center…

Microsoft surpasses Exxon as 2nd most valuable company

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Microsoft has surpassed Exxon Mobil and seize the rank of the second most valuable company, behind Apple Inc…

Volkswagen Golf name Motor Trend “Car of the Year”

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The newly redesigned Volkswagen Golf compact car is Motor Trend Magazine’s 2015 Car of the Year…