Should a discounted water rate for San Diego farmers go away?
The San Diego County Water Authority gives a roughly 25% discount to about 1,000 farmers.
Economy
Inflation data threatened by government hiring freeze as tariffs loom
Economists are raising concerns about inflation data.
Trump’s tariffs would cut US deficits by $2.8T over 10 years and shrink the economy, CBO says
The nonpartisan CBO said tariffs would reduce the purchasing power of households overall.
Wall Street’s big rally stalls following some discouraging economic data
Traders upped expectations for cuts to interest rates by the Federal Reserve.
US and Europe trade negotiators say progress but no breakthroughs on tariff talks in Paris
Europe and U.S. officials say progress has been made but there were no breakthroughs on...
US job openings rose in April, signaling resilience in the American labor market
The number of Americans quitting their job fell, and layoffs ticked higher.
Meta becomes the latest big tech company turning to nuclear power for AI needs
Facebook parent company Meta is partnering with Constellation Energy to help meet surging demand for...
Wall Street rises again as US stocks pull closer to their records
U.S. stocks are drifting, and financial markets worldwide are holding relatively steady.
Dollar General posts record sales as bargain stores attract more people anxious about the economy
Dollar General set a quarterly sales record as Americans tighten their budgets and spend more...
US growth likely to slow to 1.6% this year, hobbled by Trump’s trade wars, OECD says
U.S. economic growth will slow to 1.6% this year per an Organization for Economic Cooperation...
Campbell’s Co. says sales rise as more Americans cook meals at home
Campbell’s saw the highest level of meals cooked at home since early 2020.
China says US moves on computer chips and student visas ‘seriously violate’ tariffs truce
China threatened unspecified retaliation in the statement issued Monday.
Wall Street drifts closer to records as oil prices jump and US manufacturing slumps
Oil prices rallied, while Treasury yields ticked higher in the bond market.
In a topsy-turvy stock market, San Diego finance experts say to follow this classic investing rule
As markets jolt up and down, is it time for a financial tune-up? Here is...
California has two of the nation’s oddest job markets
Inland Empire and San Jose are at two extremes of a national ranking for a...
US inflation gauge cools with little sign of tariff impact, so far
A key U.S. inflation gauge slowed last month.
Should San Diego move up the start date for paid parking at Balboa Park?
Moving up the date for paid Balboa Park parking could generate $11 million, projection says.
34% fewer San Diego County homes sold. Is the Fed to blame?
So, what would it take to close the affordability gap? 39% price cuts, 2.4% mortgages,...
Trump meets with the Federal Reserve chairman he has repeatedly scorned
They discussed the economy but not interest rates.
What happens to Trump’s tariffs now that a court has knocked them down?
The legal challenge to Trump's tariffs is widely expected to end up at the U.S....
A global rally for stocks loses steam amid questions about what will happen to Trump’s tariffs
It’s a downshift after stocks initially leaped in Tokyo, Seoul and Hong Kong.
Hit by Trump trade wars, U.S. economy falls 0.2% in first quarter, an upgrade from initial estimate
The U.S. economy shrank at a 0.2% annual pace from January through March, the first...
More Americans file for jobless aid but layoffs remain low despite economic uncertainty over tariffs
Filings for U.S. jobless aid jumped last week but American workers broadly remain secure.
CEO pay rose nearly 10% in 2024 as stock prices and profits soared
The typical compensation package for chief executives who run companies in the S&P 500 jumped...
Big, new thrift shop promises 10,000 fresh items every day. It’s opening in San Diego.
Each of the stores puts out around 10,000 new items of merchandise daily. This will...
Wall Street drifts lower as US stocks slow their roll
Stocks were also mostly muted across Europe and Asia.
California consumer confidence takes biggest jump in 33 months
Conference Board's monthly optimism yardstick to find it up 22% in May from April –...
The US and EU are in a showdown over trade. What does Trump want and what can Europe offer?
Trump has threatened a crushing 50% tariff or import tax on Europe.
US consumer confidence rebounds after five straight months of declines amid tariff anxiety
Consumers’ assessments of the present economic situation also improved.
S&P 500 rallies 2% as Wall Street’s roller-coaster ride whips back upward
Its gains accelerated following a better-than-expected report on U.S. consumer confidence.
Trump’s latest tariff threats knock Wall Street, European stocks and Apple lower
U.S. stocks are falling after Trump threatened 50% tariffs on the EU.
Did Walmart make the right move warning customers about higher prices?
The retail giant said it has no choice but to some costs onto consumers
US filings for jobless aid, a proxy for layoffs, inch down modestly last week as uncertainty lingers
The number of Americans filing unemployment claims last week fell slightly.
Stocks drift to a mixed close as worries about the US government’s soaring debt continue to weigh
Stocks are drifting on Wall Street following a rocky week so far.
Why are more shoppers struggling to repay ‘buy now, pay later’ loans?
The late or missed installments are a sign of faltering financial health.
Tariffs, inflation and leery customers are hitting retailers in different ways
Retailers are sorting out how to best operate in a trade war.
Target sales drop in 1st quarter and retailer warns they will slip for all of 2025
Target’s challenge to revive sales and its status as a cheap chic retailer just got...
Californians are late paying 18% of their student loans
California has the 10th lowest rate of student-loan delinquency rate among the states.
Wall Street tumbles under the weight of rising Treasury yields and US debt worries
U.S. stocks indexes are drifting after several retailers gave mixed forecasts.
Home Depot says it doesn’t expect to boost prices because of tariffs
Other companies have warned that price hikes are inevitable due to the U.S. trade war.
Musk vows to put hundreds of thousands of self-driving Teslas on US roads by the end of next year
Billionaire Elon Musk says he’s committed to being CEO of Tesla in five years’ time.
US stocks sink as S&P 500 falls to its first loss in 7 days
Several of the U.S. stock market’s worst losses came from companies in the travel industry.
Despite economic concerns, Americans are set on getting away for Memorial Day weekend
Some households and individuals may just opt to spend less money on their trips.
Trump’s massive import taxes haven’t done much economic damage — yet
For now, the disconnect has businesses and consumers struggling to reconcile what they were told...
Why more construction didn’t fix California’s high housing costs
The population dips by 9,000 in five years as 556,000 housing units are added. Yet...
Stocks, bonds and the dollar drift after the latest downgrade to the US government’s credit rating
The impact from Moody's downgrade of U.S. credit rating is being felt by markets early...
714 is typical Californian’s credit score. How does that rank?
The nation's highest credit scores were found in Minnesota, at 734. Lowest? Mississippi at 676.
San Diego unemployment drops to lowest level in nearly a year
Health care hiring leads the way with ed nurses the most in-demand job in San...
US consumer sentiment slides to 3-year lows as trade war raises inflation anxiety
Americans have largely taken a sour view about where the economy is headed.
US stocks power within 3% of their record as Wall Street closes out a winning week
Stocks have rallied this week after the U.S. and China agreed on a 90-day pause...
Is the Trump istration’s plan to tax all Chinese-built ships a good idea?
The new Chinese levies could cost an importer roughly $150 a car.
UN forecasts slower global economic growth following Trump’s tariffs and trade tensions
The world’s developed and developing countries also are projected to suffer, according to the U.N.
San Diego preparing to put downtown’s old Central Library on the market
The vacant, historic property at 820 E St. is slated to be offered for sale...
US applications for jobless benefits hold firm as layoffs remain low despite tariff uncertainty
U.S. applications for jobless benefits held steady last week as layoffs remain low despite uncertainty.
Stocks end mixed on Wall Street, holding on to most of the gains they made earlier in the week
The index erased the remainder of its losses for 2025 a day earlier.
State Farm gets California nod to hike homeowner policies 17%
Estimates by one watchdog group say homeowners will pay $468 more annually, while renters and...
US egg prices fall for the first time in months but remain near record highs
Retail egg prices in the U.S. fell last month after setting records at the start...
Wall Street rallies again as the S&P 500 erases its loss for 2025
Most U.S. stocks are rallying Tuesday.
Inflation cooled again even as some tariffs took effect. But economists don’t expect that to last
Economists and many businesses expect inflation will climb in the coming months.
What’s next with Trump’s trade war truce with China
The global economy is not going to back to the day before Trump became president.
Here’s a look at the sectors getting a boost from the truce in the US-China trade war
Shares of many companies that source goods from China are surging.
Fix California? It’s cheap housing, good job opportunities
California's population blossoms where the lifestyle appeals to a younger, family-oriented audience.
Dow leaps 1,100 points and S&P 500 rallies 3.3% following a 90-day truce in the US-China trade war
Analysts warned conditions could still quickly change, as has so often happened in Trump's trade...
US and China reach a deal to slash sky-high tariffs for now, with a 90-day pause
Tariffs are still higher than before Trump started ramping them up last month.
More warning signs emerge for US travel industry as summer nears
Expedia is the latest to report slowing business with both international visitors and domestic travelers.
Federal Reserve official sees signs of slowing economy but not ready to cut rates
It’s not yet clear whether the central bank should cut its key interest rate.
Two dolls instead of 30? Toys become the latest symbol of Trump’s trade war
The U.S. toy industry has a lot riding on the istration's trade standoff with China.
California is world’s No. 4 economy. How do other states rank?
The world's No. 8 economy is Texas. No. 9 is New York. No. 16 is...
As US and China begin trade talks in Geneva, Trump’s tariff hammer looks less mighty than he hoped
The standoff between the world’s two biggest economies is shaking financial markets.
Wall Street and other markets hold steady ahead of a highly anticipated US-China meeting on trade
Wall Street is heading toward the end of an unusually quiet week.
Should San Diego slash its road-repair budget next fiscal year?
The proposal would slash road-repair spending from $259 million to $83 million.
‘There’s just no capital.’ Hotel scrapped from plan for Navy site on San Diego Bay
Lane Field developers are now primarily focused on building an entertainment venue on a reduced...
Wall Street rallies on hopes for trade deals that could forestall a recession
Stocks got a big boost after Trump gave potentially encouraging updates on talks with China.
The EU publishes a US product hit list and prepares for WTO action against Trump’s tariffs
The EU has published a list of U.S. imports to target with retaliatory duties if...
U.S. to charge Chinese-built boats to dock at ports, including San Diego
The Chinese boat levies would be on top of tariffs enacted by the Trump istration.
US applications for jobless benefits fall last week despite elevated uncertainty over Trump tariffs
Unemployment remains at a healthy level despite heightened uncertainty about how tariffs will impact the...
The more Trump talks about making trade deals, the more confusing the tariff picture gets
Trump's team is saying he is using “strategic uncertainty” to his advantage.
Wall Street climbs in choppy trading after Fed warns of rising risks for economy, holds rates steady
The Walt Disney Co. soared after easily beating analysts' profit targets.
Federal Reserve leaves key rate unchanged as it sees risk of higher prices and higher unemployment
The Fed kept its rate at 4.3% for the third straight meeting.
New vision for San Diego’s Civic Center strives for renaissance of downtown
Downtown boosters seek to turn a just-released vision for six blocks of city-owned real estate...
‘My Social Security is my Social Security’: With Trump, Musk and DOGE, will it stay that way?
"I think that's really the biggest concern we all have. Is it gonna be there...
US trade deficit hits record high as businesses, consumers try to get ahead of Trump tariffs
The latest jump arrived as trade wars deepened abroad.
US stocks sink again as more companies detail damage they’re taking because of Trump’s trade war
More companies are scrubbing their forecasts because of uncertainty.
Wall Street loses ground and oil prices tumble after OPEC+ says it will step up production
U.S. crude fell to $57 a barrel.
Federal Reserve likely to defy Trump, keep rates unchanged this week
The Federal Reserve will likely keep its key short-term interest rate unchanged on Wednesday.
Trump’s trade demands go beyond tariffs to target perceived unfair practices
President Trump's new import taxes are based not on specific goods like cars or steel,...
How San Diego County farms are getting squeezed by funding freezes and tariffs
San Diego County farms used to supply local food banks. With that program canceled by...
California jumps to world’s No. 4 economy. Can that last?
California's $4.1 trillion output last year jumped its long-standing No. 5 global ranking to slip...
Wall Street extends its gains to a 9th straight day, reclaiming losses since tariff escalation
Employers added 177,000 jobs in April, more than forecast.
Employers added a surprising 177,000 jobs as job market shows resilience. Unemployment stays at 4.2%
Trump’s trade policies have clouded the outlook for the economy.
Trump says it’s Biden’s economy, but businesses and economists beg to differ
At what point does a new president assume responsibility for the economy’s performance?
Cheap parcels from China will no longer be duty-free. Here’s what it means for buyers and sellers
U.S. companies may feel relief from the competition of cheap Chinese imports.
McDonald’s store traffic falls unexpectedly as diners grow uneasy about economy
The trouble was particularly acute in the U.S., where same-store sales slumped 3.6%.
Microsoft and Meta Platforms lead Wall Street higher
Microsoft and Meta are driving Wall Street higher after they delivered profits for the start...
The number of Americans filing for jobless claims jumps last week, but remains at healthy levels
U.S. applications for jobless benefits jumped to their highest level in two months, but layoffs...
Should lawmakers approve a bill that would speed up Seaport San Diego approval?
SB 675 would require a quicker review of a mega project on San Diego's waterfront.
Developer remaking Sorrento Mesa buildings into office condos
Abington Emerson Investments bought the buildings at 5665 and 5677 Oberlin Drive with plans to...
Tariff turmoil prompts cloudy forecasts from companies for the year ahead
The U.S. economy shrank during the first quarter of the year, its first drop in...
Europe saw stronger growth at start of year, but Trump’s tariffs have darkened outlook
Indicators of business and consumer optimism in Europe have fallen.