News
Consumer confidence hits record low amid Iran war fears, K-shaped economy concerns
2+ hour, 24+ min ago (246+ words) WASHINGTON, D. C. - U. S. consumer confidence fell to its lowest level on record this month, driven by fears over rising costs tied to the ongoing war in Iran, even as official government data suggests the broader economy remains relatively stable. The University of…...
Silicon Valley grocery prices rank as no. 1 rising cost, residents say
3+ mon, 4+ week ago (489+ words) Consumers this summer paid slightly higher prices for groceries as the overall inflation rate remained steady, at 0. 2%. SAN JOSE, Calif. - Supermarket sticker shock is top of mind for Bay Area residents, according to a report by think tank Joint Venture…...
Bay Area home sells for an astounding $2 million over asking price
1+ mon, 2+ day ago (887+ words) SAN FRANCISCO - It's even staggering by Bay Area standards, where homes commonly go for over the asking price. In San Francisco last week, a home in the city's Inner Richmond neighborhood sold for $2 million over the listing price, to close…...
Iran war's cost will bring a lot of consumer casualties
3+ week, 5+ day ago (655+ words) Consumers have paid an extra $8 billion in gas prices alone since the U. S. and Israel began their attacks on Iran, according to industry analysts. But gas is only the beginning. We look at how airlines are increasing their prices and how…...
Mortgage rates fall below 6% for first time since 2022
1+ mon, 3+ week ago (346+ words) Mortgage rates fell below 6% this week for the first time in three and a half years, mortgage buyer Freddie Mac said Thursday. Live NOW's Mike Pache discussed what the rate drop means for prospective home buyers and sellers with Alisa…...
Dining out? Here's what's more expensive, based on October data
5+ mon, 1+ week ago (698+ words) A new study reveals where you should go when you're hungry and on the go. If you're dining out, expect to pay a bit more, according to new data. Food prices first surged when the COVID-19 pandemic disrupted supply chains,…...
Inflation may see its largest increase in years as gas prices surge
2+ week, 2+ day ago (254+ words) FILE-A fuel pump is shown as a driver refuels a vehicle with diesel fuel at a Shell gas station in Seattle, Washington, on Monday, March 9, 2026. (M. Scott Brauer/Bloomberg via Getty Images) The biggest monthly spike in gas prices in 60 years…...
Fuel price impacts felt by truckers, small businesses as inflation's grip tightens
2+ week, 2+ day ago (491+ words) The impact of the war in Iran is still being felt in the Bay Area, whether its at the pump or the Port of Oakland. Some industries are being hit harder than most. KTVUs Tom Vacar takes a look at…...
Why high gas prices could trigger next inflation wave
2+ week, 5+ day ago (27+ words) KTVU For Californians, the sting of high gas prices may be a warning sign of broader economic trouble ahead....
Inflation fears could push Fed to raise interest rates, key official says
2+ week, 5+ day ago (222+ words) Beth Hammack, president and chief executive officer of the Federal Reserve Bank of Cleveland, during a Bloomberg Television interview in New York, US, on Friday, Aug. 1, 2025. Hammack said the US labor market still appears healthy, though fresh jobs Amid fears…...