San Francisco Financial News

Treasury Secretary Janet Yellen says Washington wants to build an economic relationship with Beijing that takes into account national security and human rights and is fair to both sides

By David Lawder

By Jonathan Stempel

By Stephen Nellis

DoorDash reported better-than-expected sales in the third quarter as it gained users and they ordered more frequently

Modi has also been invited for the APEC Leadership summit by President Biden. India is most likely to be represented by a Cabinet-level minister. Coming back to the Pierre's statement on Biden's meeting with Xi, she told reporters, “We've been talking about it.

Biden will meet Chinese counterpart Xi Jinping in San Francisco in November, White House press secretary Karine Jean-Pierre announced on Tuesday (local time). She said that Biden looks forward to the meeting. While addressing a press briefing on Tuesday (local time), Karine Jean-Pierre said, «We've been talking about the President, who said he was looking forward to meeting with President Xi.

California Gov. Gavin Newsom’s trip to China, with the stated goal of working together to fight climate change, resulted in a surprise meeting with leader Xi Jinping and was filled with warm words and friendliness not seen in years in the China-U.S. re...

Mint explains: Up until early August, only Cruise autonomous cars with a “safety driver" (human) could charge cab fares for rides in California at night. Cruise driverless cars could take passengers without humans but not charge any fare. Alphabet-owned Waymo, another fully autonomous car, couldn’t charge without a human driver either.

Wang Yi said the path to a meeting between President Xi Jinping and Joe Biden was «not smooth», state media reported as the top diplomat wrapped up a rare visit to Washington. Wang met with Biden and other senior US officials this week, with both sides agreeing on Friday to set up a meeting between the leaders next month. Biden has invited Xi to San Francisco in November for the Asia-Pacific Economic Cooperation (APEC) summit at a time of tense relations between the two powers.

San Diego has been identified as the costliest city in the United States, with Los Angeles, Honolulu, and Miami following closely behind. Santa Barbara secured the fifth position, according to a recent survey. The list of the most expensive places to reside, as per findings in US News and World Report, features three of the top five cities located in Southern California, according to a report. In total, eight cities in California found their way into the top 10, with San Francisco, Salinas, Santa Rosa, Vallejo, and Fairfield all included. The survey's rankings are determined by assessing the «median gross rent and annual housing costs for mortgage-paying homeowners» in each metropolitan area, the Deadline report stated. Meanwhile, a key indicator of US inflation stayed steady in September, the government reported Friday, as policymakers push on in their battle against persistent price increases. The personal consumption expenditures (PCE) price index, which is the Federal Reserve's preferred inflation gauge, rose 3.4 percent from a year ago — the same rate as in the preceding two months — said the Commerce Department. The data comes days before Federal Reserve policymakers gather for a two-day meeting to mull whether to raise interest rates again to combat stubborn inflation. While consumer inflation has cooled, the latest figures remain well above officials' two percent target and could prompt further action. Fed policymakers are due to announce their rate decision next Wednesday, with analysts generally expecting them to hold off further increases for now as the effects of earlier rate hikes ripple through the economy.

Los Angeles, California, earned the second spot in a recent survey of the most expensive cities in the United States, falling just behind San Diego in the rankings.This surprising ranking, published by U.S. News & World Report in their «Most Expensive Places to Live in the United States 2023-2024» list, sheds light on the changing landscape of American cities and the factors that contribute to their high cost of living.

San Francisco-based digital personal finance company SoFi has announced a 1% match on all eligible Individual Retirement Account (IRA) contributions through its SoFi Invest platform, effective immediately. This initiative aligns with the recent findings from SoFi's Ambition Survey conducted between August 21 to September 1, 2023, which revealed significant retirement-related aspirations among Millennials and Gen Z respondents.

San Diego has emerged as the surprising frontrunner for the year 2023-2024, according to the U.S. News & World Report's list of the Most Expensive Places to Live. This coveted ranking reflects the considerable financial commitment that living in this picturesque city entails. The Metrics Behind the Rankings U.S. News & World Report calculates this list based on specific criteria, which include median gross rent and annual housing costs for those with mortgages. The central theme that emerges from this comprehensive evaluation is the substantial wealth required to sustain a comfortable existence in these locales.

Elon Musk walked into Twitter's San Francisco headquarters with a white bathroom sink and a grin, fired its CEO and other top executives and began transforming the social media platform into what is now known as X. X looks and feels something like Twitter, but the more time you spend on it the clearer it becomes that it's merely an approximation. Musk has dismantled core features of what made Twitter, Twitter — its name and blue bird logo, its verification system, its Trust and Safety advisory group. Not to mention content moderation and hate speech enforcement.

United States and China have agreed to work together toward an expected summit between presidents Joe Biden and Xi Jinping next month, U.S. officials said on Friday, following hours of meetings between Chinese foreign minister Wang Yi and senior U.S.

Cincinnati Bengals left tackle Orlando Brown recently suffered a groin injury, which caused him to exit the team's Week Six game against the Seahawks. However, Brown is now confident in his recovery and anticipates being fit to play against the San Francisco 49ers in Week Eight. His optimism is supported by the fact that he participated in full practice on Friday, and he has received a clean bill of health for Sunday's game. Orlando Brown has been a starter in all six of the Bengals' games this season. As for the Bengals' overall injury status, there are no significant concerns leading up to the upcoming game. Nevertheless, the team did announce on Friday that two players, linebacker Akeem Davis-Gaither (knee) and running back Chase Brown (hamstring), will be unavailable for the game. Meanwhile, the San Francisco 49ers showed they could win lopsided games when they raced out to a 5-0 start and were barely challenged in the second half in any of those games. Pulling it out down the stretch in a tight game has been a different issue. A few key mistakes have doomed San Francisco in tight losses the past two weeks against Cleveland and Minnesota. The Niners (5-2) will look to find that formula for winning even when everything isn't going as planned when they host the Cincinnati Bengals (3-3) on Sunday.

Ford has reported significant growth in the third quarter, although its financial results fell short of Wall Street estimates

One year ago, Elon Musk walked into Twitter’s HQ with a white bathroom sink.

General Motors’ Cruise says it's suspending its driverless operations nationwide as the robotaxi service works to rebuild public trust

Khloe Kardashian following in Taylor Swift's footsteps with her new rumored love interest? If 'Mirror' is to be believed, the Good American co-founder has dropped a major clue about dating NFL star Nick Bosa. The 39-year-old American media personality and social media influencer has recently rejected the rumours that she and ex-Tristan Thompson got back together.