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Recent "economy" Stories, Video and Galleries

  • Wall Street
  • Stocks prices are closing mostly lower on Wall Street, giving the market its first weekly loss in a month.
Tags:
economy, wall street, stocks, business
  • Wall Street
  • Investors recovered their poise after a shaky start to trading on Wall Street that sent stocks sharply lower.
Tags:
economy, wall street, stocks, business
  • graduates
  • The National Retail Federation just released their survey on graduation gift trends and grads may get a boost.
Tags:
economy, consumer news
  • graduates
  • The National Retail Federation released their survey on graduation gift trends and grads may get a boost.
Tags:
economy, 7 on your side, michael finney
  • A J.C. Penney store is shown, Tuesday, April 9, 2013 in New York. (AP Photo/Mark Lennihan)
  • J.C. Penney says it has secured a $2.25 billion loan, $500 million more than it had expected.
Tags:
new york, loans, retail, shopping, economy, business
  • Santa Claras 49er cake
  • The City of Santa Clara is celebrating Tuesday's NFL announcement that Super Bowl L will be coming to the Bay Area.
Tags:
santa clara, san francisco 49ers, super bowl, economy, sports
  • Port of Oakland T-shirt
  • The Oakland City Council is considering a partnership with Kiva, a micro-lending site to help small businesses get a start.
Tags:
oakland, loans, economy, east bay news
  • Port of Oakland T-shirt
  • The Oakland City Council is considering a partnership with Kiva, a micro-lending site to help small businesses get a start.
Tags:
oakland, loans, economy, news
  • Wall Street
  • Stocks are closing higher on Wall Street as investors bank on continued support from the Federal Reserve.
Tags:
economy, wall street, stocks, business
  • Wall Street
  • Small companies are taking the limelight on a choppy start to the week.
Tags:
economy, wall street, stocks, business
  • Close up of high gas prices sign - $4.49
  • The average U.S. price of a gallon of gasoline has jumped 11 cents over the past two weeks.
Tags:
gas prices, oil, economy, AAA, business
  • Employers Are Looking For You sign
  • According to the California EDD, the state's unemployment rate has fallen to 9 percent, which is the lowest level in 4 1/2 years.
Tags:
sacramento, jobs, unemployment, economy, construction, politics video
  • Employers Are Looking For You sign
  • According to the California EDD, the state's unemployment rate has fallen to 9 percent, which is the lowest level in 4 1/2 years.
Tags:
sacramento, jobs, unemployment, economy, construction, politics
  • Wall Street
  • U.S. stock indexes rose for the fourth week in a row. The Dow Jones industrial average soared to 121 points to close at 15,354.
Tags:
economy, wall street, stocks, business
  • Wall Street
  • Weak sales from Wal-Mart and discouraging economic reports resulted in a down day on the stock market.
Tags:
economy, wall street, stocks, business
  • Wall Street
  • Investors nudged the stock market to all-time highs Wednesday despite a handful of disappointing economic reports.
Tags:
economy, wall street, stocks, business
  • Wall Street
  • The stock market is back in record territory after an upturn in small-company stocks.
Tags:
economy, wall street, stocks, business
  • Wall Street
  • Stocks are closing little changed Monday as investors assess whether stock valuations are overstating the recent improvement in the economy.
Tags:
economy, wall street, stocks, business
  • part time worker
  • Lawmakers are working on a law that cracks down on companies cutting hours to avoid paying workers' health insurance.
Tags:
budget cuts, health care, health insurance, economy, jobs, sacramento, walmart, politics, nannette miranda
  • part time worker
  • Lawmakers are working on a law that cracks down on companies cutting hours to avoid paying workers' health insurance.
Tags:
sacramento, health care, health insurance, jobs, economy, walmart, health
  • Michael Finney found a cool website where you can make money by offering to do things for $5.
Tags:
websites, jobs, economy, consumer news
  • Michael Finney found a cool website where you can make money by offering to do things for $5.
Tags:
websites, jobs, economy, 7 on your side, michael finney
  • Home and man walking out of it
  • Refinancing your mortgage can save you thousands of dollars. But beware, deceptive mortgages can cost you.
Tags:
consumer reports, mortgages, housing market, economy, news
  • Home and man walking out of it
  • Refinancing your mortgage can save you thousands of dollars. But beware, deceptive mortgages can cost you.
Tags:
consumer reports, mortgages, housing market, economy, 7 on your side, michael finney
  • 7 On Your Side takes a look at what the latest bump up in real estate could mean for California and Bay Area homeowners.
Tags:
housing market, economy, real estate, 7 on your side, michael finney
  • Bloomberg lists the pay of 250 CEOs and how much they make in comparison to their average employee.
Tags:
economy, business
  • Man at unemployment office
  • Nearly 400,000 unemployed California workers will be affected by sequester cuts that will reduce benefits by 18 percent on Sunday.
Tags:
unemployment, jobs, economy, sequester, business
  • American Airlines and AMR Corporation, Chairman, President and CEO Thomas Horton, reacts as he testifies on Capitol Hill
  • A federal bankruptcy judge has blocked a proposed $20 million severance payment for American Airlines CEO Tom Horton.
Tags:
bankruptcy, american airlines, airline industry, economy, congress, laws, national/world
  • Ronald Regans budget director David Stockman
  • Ronald Regan's budget director David Stockman sat down with ABC7 News to explain his theory of the next possible economic crisis.
Tags:
economy, recession, wall street, politics video
  • Ronald Regans budget director David Stockman
  • Ronald Regan's budget director David Stockman sat down with ABC7 News to explain his theory of the next possible economic crisis.
Tags:
economy, recession, wall street, politics, mark matthews
  • More summer school classes are being offered at California's community colleges.
Tags:
economy, school cuts, education
  • Alameda County Administrator Susan Muranishi
  • Some taxpayers were stunned after learning just how much an Alameda County administrator will get every year when she retires.
Tags:
alameda county, retirement, budget cuts, economy, east bay news, laura anthony
  • Alameda County Administrator Susan Muranishi
  • Some taxpayers were stunned after learning just how much an Alameda County administrator will get every year when she retires.
Tags:
alameda county, retirement, budget cuts, economy, news
  • America is pumping out more oil than it has in two decades. So why is the cost of gas still so high?
Tags:
gas prices, oil, economy, 7 on your side, michael finney
  • Americas Cup
  • A former San Francisco supervisor wants Larry Ellison to make up a multimillion-dollar shortfall projected for the America's Cup.
Tags:
america's cup, economy, larry ellison, oracle, san francisco bay, boats, competition, websites, internet, sports
  • Yes on Proposition 30 sign
  • California taxpayers said yes to Proposition 30, for education but now, lay-off notices are going out to hundreds of teachers anyway.
Tags:
jerry brown, economy, jobs, politics video
  • New numbers from the FBI show the toll that layoffs have taken on police departments across California.
Tags:
FBI, jobs, layoff, unemployment, economy, california news
  • Construction at new Bay Meadows urban village
  • Pre-qualified buyers will have a chance to snatch up condos at San Mateo's new Bay Meadows in a lottery this weekend.
Tags:
san mateo, housing market, construction, economy, real estate, news
  • Americas Cup
  • Supervisor John Avalos is concerned about the cost of the America's Cup event and doesn't want the city to get stuck with the tab.
Tags:
america's cup, san francisco city hall, economy, sports
  • Americas Cup
  • Supervisor John Avalos is concerned about the cost of the America's Cup event and doesn't want the city to get stuck with the tab.
Tags:
america's cup, san francisco city hall, economy, sports, mark matthews
  • Construction at new Bay Meadows urban village
  • Pre-qualified buyers will have a chance to snatch up condos at San Mateo's new Bay Meadows in a lottery this weekend.
Tags:
san mateo, housing market, construction, economy, real estate, peninsula news, wayne freedman
  • One of the Bay Area's main tourist attractions is starting to feel the impact of the federal budget cuts.
Tags:
economy, fiscal cliff, crissy field, politics
  • San Jose minimum wage workers get hefty raise
  • Minimum wage workers in San Jose got a big raise Monday from $8 to $10 an hour, the biggest minimum wage increase in the country.
Tags:
san jose, minimum wage, economy, news
  • San Jose minimum wage workers get hefty raise
  • Minimum wage workers in San Jose got a big raise Monday from $8 to $10 an hour, the biggest minimum wage increase in the country.
Tags:
san jose, minimum wage, economy, south bay news, david louie
  • wedding bands
  • A new survey finds couples are spending more money to get married compared to the start of the economic downturn.
Tags:
economy, business
  • On Monday, San Joses minimum wage workers are getting a $2 per hour raise.
  • The minimum wage in San Jose is increasing from $8 to $10 an hour today.
Tags:
san jose, minimum wage, economy, news
  • A board on the floor of the New York Stock Exchange shows the closing number for the Dow Jones industrial average, Tuesday, March 5, 2013
  • The Dow is closing at a record, beating the previous high it set in October 2007, before the financial crisis and the Great Recession.
Tags:
economy, wall street, stocks, business
  • President Barack Obama speaks to reporters in the White House briefing room in Washington
  • The impact of the sequester cuts seems minimal so far, but that hasn't alleviated concerns by some over what's to come.
Tags:
barack obama, taxes, fiscal cliff, economy, congress, san francisco international airport, politics video
  • President Barack Obama speaks to reporters in the White House briefing room in Washington
  • The sequester could have wide-ranging effects on unemployment benefits and school programs in California.
Tags:
barack obama, taxes, fiscal cliff, economy, congress, san francisco international airport, politics video
  • Californians anxious as sequester cuts loom
  • Barring a last-minute deal in Washington, $85 billion in automatic federal spending cuts will take effect by 9 p.m. Friday.
Tags:
sacramento, barack obama, taxes, economy, congress, politics video