News
Tax refunds and AI boom have offset some US economic pain from Iran war and high gas prices, so far
15+ hour, 52+ min ago (758+ words) A shopper walks past a partially empty dairy section at a grocery store in Washington Jan. 24. Prices rose at the fastest pace in almost three years last month, U. S. economic growth is steady and layoffs fell last week, according to a…...
War in Iran sends inflation soaring and the mood of American consumers plunging
2+ week, 6+ day ago (944+ words) Customers shop for groceries at a Walmart Supercenter retail store in North Bergen, N. J. , Nov. 21, 2025. Consumer prices rose 3. 3% in March from a year earlier, the Labor Department said Friday, up sharply from just 2. 4% in February and the biggest yearly increase since…...
Stocks rally worldwide as oil prices ease on hopes for a possible end to the Iran war
4+ week, 1+ day ago (20+ words) San Mateo Daily Journal...
Millbrae budget remains on track
1+ mon, 2+ day ago (424+ words) Millbrae's finances are on track and its budget is once again balanced, with an expected $45. 5 million in both expenditures and revenue." The city is updating its budget slightly, largely to accommodate a micromobility grant it received from Caltrans for the…...
Foster City fiscal projections better than expected
1+ mon, 1+ week ago (490+ words) Foster City's most recent fiscal projections are better than originally anticipated, though a decline in hotel tax revenue, unfunded pension payments and transfers to capital improvement projects will give the city's general fund few net gains. The city is technically…...
How many rate cuts? Iran war upends Federal Reserve's next steps
1+ mon, 2+ week ago (674+ words) Federal Reserve Chair Jerome Powell at a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington Jan. 28. For now, the clearest way forward for the 12-member rate-setting committee, led by Chair…...
Key inflation gauge worsened in January, before Iran war lifted gas prices
1+ mon, 2+ week ago (444+ words) A shopper walks past a partially empty dairy section at a grocery store in Washington Jan. 24. Prices rose 2. 8% in January compared with a year earlier, the Commerce Department said Friday, slightly below December's increase in a report that was delayed…...
San Mateo deficit remains but lower than projected
1+ mon, 4+ week ago (561+ words) San Mateo still projects a budget deficit this fiscal year, though it's significantly less than the originally estimated $12 million shortfall. The city's general fund saw a $3 million deficit last fiscal year " which ended in June 2025 " and while the projected deficit…...
Wall Street sets a record while the US dollar's value slides again
3+ mon, 4+ day ago (921+ words) Traders work on the floor at the New York Stock Exchange. The S&P 500 rose 0. 4% and edged past its prior all-time high set a couple weeks ago. The Dow Jones Industrial Average dropped 408 points, or 0. 8%, and the Nasdaq composite climbed…...
U. S. stocks rise as Wall Street's winning streak grows to four days
5+ mon, 4+ day ago (647+ words) U. S. stocks closed broadly higher Wednesday, extending Wall Street's recent winning streak to a fourth straight day. The S&P 500 rose 0. 7%, the Dow Jones Industrial Average gained 0. 7% and the Nasdaq composite added 0. 8%. Solid gains for technology companies led the rally, although…...