Economy News

Almost half of US households spend all their salaries


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


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

Record iPhone sales drive blowout quarter for Apple


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

Motorola unveils 3 smart phones for China market


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


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


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


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’


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


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


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