Economy News

Lawsuit accuses CVS of overcharging for generic drugs

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A lawsuit accuses CVS of deliberately overcharging some pharmacy customers for generic drugs…

Income inequality in Bay Area exceeds national levels

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A new report says income inequality in the Bay Area is now more severe than in the rest of the nation…

US home prices rose 4.9 pct. in May

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U.S. home prices rose steadily in May, pushed higher by a healthy increase in sales this year…

China stocks volatile after big fall

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China’s stock market was volatile Tuesday after falling the most in eight years the day before…

Chinese Market plunges as investors show signs of panic

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The Shanghai share index fell the most since early 2007 on Monday as Chinese stocks suffered a renewed sell-off…

Fiat Chrysler recalls 1.4M vehicles to prevent hacking

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Fiat Chrysler has decided to recall about 1.4 million cars and trucks in the U.S…

16 startups gathering in San Francisco competing $1M funding

Stephen Ayers, Dianne Feinstein, Bob Bennett, Harry Reid, Nancy Pelosi

16 startups from across the globe with a mission to create positive change are gathering in San Francisco…

US egg prices are soaring caused by avian flu

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Egg prices in the U.S. are expected to continue to rise because of the ongoing shortage caused by the avian flu…

Target defends selling women’s ‘Trophy’ shirt

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Target says it had no intention of offending anyone by selling a women’s shirt with the word “Trophy” written on the front of it….

Report: Social Security disability fund could dry up in 2016

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The government says people who receive Social Security disability face steep benefit cuts next year unless Congress acts…