San Francisco Nightlife a Boon For City Coffers
San Francisco’ nightlife scene generally only makes headlines when something bad happens outside a club or restaurant. But according to a new report by the San Francisco Controller’s Office, the industry contributes more than $4 billion to the local economy.
Yahoo Prepares for Massive Lay-offs
Sunnyvale’s Yahoo Inc. is preparing for a wave of layoffs that could affect thousands of employees of the struggling internet giant. The first set of layoffs could happen by the end of this month.
Wanna Attend a UC? It’s Going to Cost You.
This morning, the UC Board of Regents approved (yet) another tuition rate hike. This following right on the heels of the California State University committee’s decision to increase tuition by 12%.
Gas Prices Spike
As anyone who drives can attest to, gas isn’t cheap. Especially in San Francisco (of course, it should be noted that in most European countries, gas is upwards of $8/gallon). But with the recent political upheavals in North Africa and the Middle East, gasoline prices have spiked.
Bay Area Home Prices Reach Rock Bottom
Bay Area homeowners received some unwelcome news today when real estate site Zillow posted their data on fourth-quarter home values across the country during which values significantly fell. According to the SF Chronicle, “the accelerated declines are likely to bring the real estate market to a bottom later this year”.
Top 20 Most Miserable Cities
Forbes just put out its America’s Most Miserable Cities list. What exactly makes a city miserable? Is it a depressed economy and housing market, high rates of violent crime, and rampant unemployment? Yes – to all of the above. And, guess what, the Golden State has eight of the twenty most miserable cities in the entire country.
Google to Hire 6,200 New Workers
Well, at least someone is doing well in this economy. Tech powerhouse Google has announced that it plans to hire 6,200 more workers this year. So now you know where to send those resumes.
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