Fed: Slightly lower growth, unemployment in 2012

The Federal Reserve has downgraded its outlook for U.S. economic growth this year but is slightly more optimistic about the unemployment rate…

Fed unlikely to raise rates until at least 2014

The Federal Reserve says it is unlikely to raise interest rates before late 2014, extending a period of record-low rates by more than a year…

$1.5m funding for small business loans in SF

A successful San Francisco program that provides loans to small businesses was given a $1.5 million dollar boost…

Allegiant expands services in OAK

From April 25, 2012, Allegiant will add 7 more nonstop cities…

Obama aims to reward businesses investing in US

President Barack Obama says he wants to reward companies that invest in America…

Chinatown street side shopping during CNY

During Chinese New Year, a section of San Francisco’s Chinatown will be available for street side shopping…

Unemployment rate falls to 8.5 %, hiring surges

A burst of hiring in December pushed the unemployment rate to its lowest level in nearly three years, giving the economy a boost at the end of 2011…

Rate on 30-year mortgage down to record 3.91 pct.

2012 looks to be another year of opportunity for the few who can afford to buy or refinance a home…

Chinese audit finds local government debt problems

Local Chinese governments that have borrowed heavily from banks to pay for public works construction and other expenses mishandled $83 billion in debt…

Loss in value of Bay Area homes

In the past 4 years, Bay Area homes have drastically declined in value…