Economy
![A photo illustration of money flying out of a man's wallet A photo illustration of money flying out of a man's wallet](https://www.eastbaytimes.com/wp-content/uploads/2024/07/BIZ-PFP-BANKRATE-OVERSPENDING-DMT.jpg?w=125)
Keeping up with the Joneses: What it might be costing Americans
If money’s tight, it can be tempting to overspend — or even go into debt...
![The Bay Area posted sturdy job gains in June, adding 2,200 positions during the month. The Bay Area posted sturdy job gains in June, adding 2,200 positions during the month.](https://www.eastbaytimes.com/wp-content/uploads/2024/07/EBT-L-OAKDOWTOWN-03XX-6.jpg?w=140)
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Bay Area adds jobs in June, but tech-dependent regions lose workers
The Bay Area posted sturdy job gains in June, adding 2,200 positions during the month.
![Reducing student loan debt has been a priority for the Biden administration and the SAVE plan is one of the most significant policy changes it has made. Reducing student loan debt has been a priority for the Biden administration and the SAVE plan is one of the most significant policy changes it has made.](https://www.eastbaytimes.com/wp-content/uploads/2024/07/US-NEWS-STUDENT-LOANS-FORGIVENESS-GET.jpg?w=132)
Student loan payments will be paused for 8M borrowers after Republican-led states sue to stop President Biden’s repayment plan
Reducing student loan debt has been a priority for the Biden administration and the SAVE...
![GDP expansion ranked No. 29 among the states and the District of Columbia. GDP expansion ranked No. 29 among the states and the District of Columbia.](https://www.eastbaytimes.com/wp-content/uploads/2024/07/GDP-GROWTH-1ST-QUARTER@2x-e1721084213474.jpeg?w=140)
California’s economy grew 1.2% in first quarter, slowest pace since 2022
GDP expansion ranked No. 29 among the states and the District of Columbia.
![Thousands packed into a prime downtown San Jose dining and drinking spot, a counterpoint to the urban core's post-coronavirus struggles. Thousands packed into a prime downtown San Jose dining and drinking spot, a counterpoint to the urban core's post-coronavirus struggles.](https://www.eastbaytimes.com/wp-content/uploads/2024/07/SJM-L-SJDTSANPEDRO-x-03-1.jpg?w=117)
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Prime downtown San Jose spot survives — and thrives — despite COVID woes
Thousands packed into a prime downtown San Jose dining and drinking spot, a counterpoint to...
![With career development funding at risk, organizations could end up serving fewer jobseekers to fill the gaps. With career development funding at risk, organizations could end up serving fewer jobseekers to fill the gaps.](https://www.eastbaytimes.com/wp-content/uploads/2024/07/sjm-X-INLANDSEN-0303-01_72922537.jpg?w=135)
Opinion: California faces workforce shortages. It can’t afford to cut training programs
With career development funding at risk, organizations could end up serving fewer jobseekers to fill...
![It's the third time in a row the carmaker’s sales have fallen in the Golden State. It's the third time in a row the carmaker’s sales have fallen in the Golden State.](https://www.eastbaytimes.com/wp-content/uploads/2024/07/AP24120678912762.jpg?w=132)
Tesla’s sales in California plunge with more competitors moving in
It's the third time in a row the carmaker’s sales have fallen in the Golden...
![A global technology outage grounded flights, knocked banks and hospital systems offline and media outlets off air on Friday in a massive disruption that affected companies and services around the world and highlighted dependence on software from a handful of providers. A global technology outage grounded flights, knocked banks and hospital systems offline and media outlets off air on Friday in a massive disruption that affected companies and services around the world and highlighted dependence on software from a handful of providers.](https://www.eastbaytimes.com/wp-content/uploads/2024/07/Worldwide_Internet_Outage_52208.jpg?w=132)
A faulty software update causes havoc worldwide for airlines, hospitals and governments
A global technology outage grounded flights, knocked banks and hospital systems offline and media outlets...
![The owner of the Rotten Robbie gasoline station chain has bought several San Jose buildings. The owner of the Rotten Robbie gasoline station chain has bought several San Jose buildings.](https://www.eastbaytimes.com/wp-content/uploads/2024/07/SJM-L-SJROTTROBBIE-x-01-01-1.jpg?w=140)
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Rotten Robbie gasoline station owner buys several San Jose buildings
The owner of the Rotten Robbie gasoline station chain has bought several San Jose buildings.
![An aerial view of a suburb An aerial view of a suburb](https://www.eastbaytimes.com/wp-content/uploads/2024/07/BIZ-REAL-BANKRATE-MORTGAGE-RATES-DMT-1.jpg?w=120)
Mortgage rates fall below 7% for first time in months
The 30-year mortgage rate fell to 6.92%. The 15-year rate fell to 6.92% and the...