Top Story - Economy, Labor and Biz

By Nancy Mullane on Wednesday, Aug 25, 5:00pm
For over a century, the U.S. military had bases all over the Bay Area. In Oakland, Alameda and San Francisco, the Army and Navy built installations, trained personnel and moved cargo and ships in and out of ports. But in the 1990s, with the end of the Cold War, the military began pulling out,...
By Heather Gilligan on Thursday, Aug 19, 1:04pm
As foreclosures continue to blight neighborhoods across the country, one organization in Oakland is trying to return empty homes to people in the community. They’re using what’s called a land trust, a not-for-profit that buys foreclosed houses, refurbishes them, and sells them to the community at...
By Hana Baba on Thursday, Aug 19, 12:47pm
The Center for Responsible Lending–a non-profit research and public policy group–released a study, this week, focused on the racial makeup of foreclosures in California. It found that Latinos have experienced notably higher foreclosure rates than non-Hispanic borrowers in the state. In what’s being...
Economic Edge
By Rina Palta on Wednesday, Aug 18, 3:09pm
The national health care reform package will have a big impact on the economy, yet many Americans are still out of work, and not just newcomers to the job market.  There are some two million adults in the US who are 55 years or older and unemployed. They’ll spend an average of...
By Mitzi Mock on Tuesday, Aug 17, 3:58pm
Ladies—they’re more likely to graduate from college and hold a job in today’s workforce. And now, they’re more likely to buy a home. A study released last year by the National Association of Realtors shows that single women are the fastest growing sector of the housing market. They’re buying homes...
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