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Once the West Coast's crown jewel, San Francisco's real estate market is crashing
nypost.com/2024/04/23/real-estate/san-franciscos-real-estate-market-is-crashing/
Quick Glance: San Francisco's Real Estate Market in Turmoil
- The city of San Francisco, once seen as the shining star of the West Coast, is now on the verge of collapse, with seemingly no one raising the alarm.
- In particular, the city's housing market has been severely impacted over the past year, with prices plummeting and homeowners fleeing en masse.
- Jamie Dimon, CEO of JPMorgan Chase, did not hold back in his comparison of San Francisco's issues to those of New York City, stating that the Bay Area is 'in far worse shape.'
- San Francisco is failing in all aspects, leading to a quiet collapse of its housing market, where once luxurious properties are now being offered at significant discounts.
Apple Named a Top Pick for 2024 at BofA Ahead of Key Earnings: Apple Inc. was named a top pick for 2024 at Bank of America on optimism over the iPhone maker’s ...
bloomberg.com/news/articles/2024-04-22/apple-named-a-top-pick-for-2024-at-bofa-ahead-of-key-earnings
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Intervention Risk Is Rising Going Into BOJ Meeting, BofA Says
bloomberg.com/news/articles/2024-04-24/intervention-risk-is-rising-going-into-boj-meeting-bofa-says
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Waymo: Robotaxi drove on wrong side of SF street to ensure safety: A driverless Waymo robotaxi drove on the wrong side of a San Francisco street ...
sfchronicle.com/sf/article/s-f-waymo-robotaxi-19416858.php
Empty SF office tower at 995 Market St sells at near 90% discount: An empty San Francisco office tower in the Mid-Market neighborhood at 995 Market Street ...
sfchronicle.com/realestate/article/s-f-tower-sells-90-discount-19418186.php
Apes on horseback spotted on a San Francisco beach. Here’s why: The stunt was part of an eye-catching marketing ploy for “Kingdom of the Planet of the Apes ...
sfchronicle.com/entertainment/article/planet-of-the-apes-san-francisco-19420588.php
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Bank of America’s hidden losses: Surging rates are drawing renewed attention to banks’ balance sheets.
axios.com/2024/04/24/bank-of-america-interest-rate-losses
Bank of America’s Top India Trader Says Swap Market Too Hawkish: Indian rates traders have pushed back expectations for an interest-rate cut way too far and that ...
bloomberg.com/news/articles/2024-04-24/bank-of-america-s-top-india-trader-says-swap-market-too-hawkish
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Bank of America shareholders reject proposal to split CEO, chair roles: Bank of America shareholders rejected a proposal to divide the CEO and chairman roles ...
reuters.com/business/finance/bank-america-shareholders-reject-proposal-split-ceo-chair-roles-2024-04-24/
Billy Porter to headline San Francisco Pride : The award-winning performer from “Kinky Boots” and “Pose” was also named a celebrity grand marshal for the June ...
sfchronicle.com/entertainment/article/billy-porter-sf-pride-19420596.php
Tesla to lay off more than 3,000 employees in California, notices show: Tesla is set to cut 3,332 jobs in California, the electric-vehicle maker said in multiple ...
reuters.com/business/autos-transportation/tesla-lay-off-more-than-3000-employees-california-notices-show-2024-04-23/
Tractor Maker CNH (CNHI) Shares Fall After Surprising CEO Change: CNH Industrial NV’s shares fell by the most since November after Bank of America downgraded the ...
bloomberg.com/news/articles/2024-04-22/shares-of-tractor-maker-cnh-fall-after-surprising-ceo-change
Map Shows New California High-Speed Rail Routes: The high-speed rail route would bring travelers from San Francisco to Los Angeles in less than three hours.
newsweek.com/california-high-speed-rail-map-project-delayed-1893828
BofA Strategists Say Rates Jitters Are Fueling Stock Outflows: Investors are pulling money out of equities as a strong US economy and sticky inflation fuel ...
trib.al/AUNi4Ap
Newsom set to propose legislation to help Arizonans get abortions in California: California Gov. Gavin Newsom (D) said Sunday that state lawmakers will introduce ...
thehill.com/homenews/state-watch/4609862-newsom-set-to-propose-legislation-to-help-arizonans-get-abortions-in-california/
Tesla stock price outlook: BofA sees 35% upside after Q1 earnings miss: "The tide in news flow appears to suggest the risk to the stock is skewing more ...
markets.businessinsider.com/news/stocks/tesla-stock-price-outlook-bofa-upgrade-buy-q1-earnings-robotaxi-2024-4
'Elevating Earth Day into a national holiday is not radical — it's practical': Opinion, comment and editorials of the day
theweek.com/politics/make-earth-day-national-holiday
Newsom introduces bill to support Arizona abortion access: California Gov. Gavin Newsom (D) announced a new bill in the state Legislature on Wednesday that would ...
thehill.com/homenews/state-watch/4618180-california-newsom-bill-support-arizona-abortion-providers/
Citigroup, Wall Street’s biggest loser, is at last on the up: Jane Fraser’s unexpected success
economist.com/finance-and-economics/2024/04/18/citigroup-wall-streets-biggest-loser-is-at-last-on-the-up
Nearly Half of Califonia’s Riverside Residents Struggle to Pay Bills in Poll: Almost half of households in Riverside, California, can’t afford usual expenses and ...
bloomberg.com/news/articles/2024-04-19/nearly-half-of-califonia-s-riverside-residents-struggle-to-pay-bills-in-poll
The 'South Park' Movie & 'Team America' Get 4K Blu-Ray Releases
collider.com/south-park-bigger-longer-uncut-team-america-world-police-4k-blu-ray/
20 bank holding companies with the largest business loan portfolios : The top five bank holding companies have combined business loan portfolios of more than $2 ...
americanbanker.com/list/20-bank-holding-companies-with-the-largest-business-loan-portfolios
Teen found dead in San Francisco driveway, family members say: A 15-year-old girl was found dead in the driveway of a San Francisco home on Saturday ...
sfchronicle.com/bayarea/article/j-zmin-pellegrini-dead-san-francisco-19420800.php
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Meta earnings preview: What Wall Street expects from Facebook parent: Wall Street is upbeat heading into Meta Platforms' first-quarter earnings ...
markets.businessinsider.com/news/stocks/meta-earnings-preview-1q-stock-price-outlook-ai-instagram-reels-2024-4
Quick Glance: Meta Quarterly Results: Revenue Expectations Lowered, Stock Fell
- Meta's quarterly results exceeded expectations, but the revenue forecast for the next quarter was lowered.
- Despite successful ad business and increasing user numbers, Meta's stock experienced a drop of over 10 percent.
- Analysts caution about Meta's reduced revenue expectations for the second quarter, leading to investor skepticism.
- Zuckerberg plans to significantly increase investments in AI models in the coming years to enhance Meta's leading position in the artificial intelligence domain.
Megan Thee Stallion adds Bay Area concert to her Hot Girl Summer Tour: Here's how to get tickets to see Megan Thee Stallion at Chase Center in San Francisco ...
mercurynews.com/2024/04/24/megan-thee-stallion-adds-bay-area-concert-to-her-hot-girl-summer-tour/
Geopolitical tensions are US credit investors' top concern, BofA survey says: Geopolitical risk topped the list of concerns among U.S. corporate credit investors ...
reuters.com/markets/us/geopolitical-tensions-are-us-credit-investors-top-concern-bofa-survey-says-2024-04-22/
Outside Lands announces massive lineup for 2024 music festival: Sturgill Simpson, Post Malone, Tyler, the Creator, Killers, Postal Service, Grace Jones ...
mercurynews.com/2024/04/23/outside-lands-announces-massive-lineup-for-2024-music-festival/
How JPMorgan’s Cash Call Beat Bank of America: Jamie Dimon’s bank kept much of the pandemic-era gusher of cash in money markets or at the Fed ...
bloomberg.com/opinion/articles/2024-04-22/how-jpmorgan-s-cash-call-beat-bank-of-america
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San Francisco sues Oakland over new 'San Francisco Bay' airport name: San Francisco sued its neighboring city Oakland in California federal court on Thursday ...
reuters.com/legal/litigation/san-francisco-sues-oakland-over-new-san-francisco-bay-airport-name-2024-04-18/
Dead gray whale washes up on Alameda beach: A dead gray whale washed up on a beach in Alameda on Saturday night, becoming the first reported whale death in the ...
mercurynews.com/2024/04/22/dead-gray-whale-washes-up-on-san-francisco-beach/
Asia’s central bankers struggle to contain strong US dollar: Shifting US interest rate expectations put pressure on Japan’s yen and China’s renminbi
ft.com/content/ad6c7827-a476-412d-899f-a1a12845b6e5
Accused shoplifters nabbed when getaway car runs out of gas, California police say
sacbee.com/news/california/article287881925.html
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Why haven’t blue states rushed to join Newsom’s call for constitutional amendment on guns?
mercurynews.com/2024/04/21/why-havent-blue-states-rushed-to-join-newsoms-call-for-constitutional-amendment-on-guns/
Bank of America Boycott Calls Grow After MAGA Accounts Closed: Trump lawyer John Eastman claims he was "de-banked" for helping the former president try to ...
newsweek.com/bank-america-boycott-maga-john-eastman-1892134
Fewer people are riding S.F.’s iconic cable cars: Fewer people are riding S.F.’s iconic cable cars. Here’s how far ridership has fallen
sfchronicle.com/sf/article/cable-cars-ridership-19408219.php
Under Cecil Williams, Glide Memorial became world-renowned for welcoming ‘anyone who wanted to come’
mercurynews.com/2024/04/23/under-cecil-williams-glide-memorial-became-world-renowned-for-welcoming-anyone-who-wanted-to-come/
Apple stock price prediction: 36% upside ahead of AI-enabled iPhone 16: Bank of America said Apple could announce a 5% dividend increase and $90 billion share ...
markets.businessinsider.com/news/stocks/apple-stock-price-prediction-upside-ahead-ai-enabled-iphone-16-2024-4
“Close your eyes and sell”: Bank of America sees clear correction signal in stocks
boerse-online.de/nachrichten/aktien/augen-zu-und-verkaufen-bank-of-america-sieht-eindeutiges-korrektursignal-bei-aktien-20355405.html
Golden Gate Ferry indefinitely suspends S.F.-Sausalito rides: Officials with Golden Gate Ferry said an issue was discovered at the Sausalito pier during a ...
sfchronicle.com/bayarea/article/golden-gate-ferry-indefinitely-suspends-19413070.php
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Finding an apartment may be easier for California pet owners under new legislation
apnews.com/article/california-tenant-pet-laws-landlords-8192518ccec2397cdbafcd6df09d8228
Vote no to bashing proxy advisers: Jamie Dimon is a busy man. Yet the JPMorgan boss found time to devote more than a page of his annual letter to shareholders ...
reuters.com/breakingviews/vote-no-bashing-proxy-advisers-2024-04-25/
Cecil Williams, reverend who turned a church into a safe haven, dies aged 94: Longtime, legendary pastor of San Francisco’s Glide Memorial church was advocate ...
theguardian.com/us-news/2024/apr/23/reverend-cecil-williams-san-francisco-california-dies-aged-94
Bank of America Losses on Bond Portfolio Hit $109 Billion in First Quarter as Rates Rose
barrons.com/articles/bank-of-america-bond-losses-ce69bf86
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Goldman Sachs taps BofA bankers for India dealmaking roles, sources say: Goldman Sachs has hired two senior bankers in India to cash in on growing dealmaking and ...
reuters.com/business/finance/goldman-sachs-taps-bofa-bankers-india-dealmaking-roles-sources-say-2024-04-24/
Noon Mass ends in stabbing at Saints Peter and Paul Church in SF: Noon Mass ends in stabbing at Saints Peter and Paul Church in San Francisco's North Beach ...
sfchronicle.com/sf/article/s-f-stabbing-church-19414940.php
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Highest cannabis use found among lower-income, less-educated in new survey: The highest regular cannabis use was found among lower-income, less-educated U.S ...
thehill.com/homenews/4602611-highest-cannabis-use-found-among-lower-income-less-educated-survey/
Stonestown mega-project: 3,500 homes, acres of parks, 'main street': Exclusive details on Stonestown mall mega-project: 3,500 homes, acres of parks ...
sfchronicle.com/sf/article/stonestown-project-development-19416310.php
Iconic San Francisco LGBTQ bar, The Stud, reopens in a new location: After a four-year closure, an iconic San Francisco bar has a new home.
nbcbayarea.com/news/local/the-stud-san-francisco-oldest-lgbtq-bar-reopens/3516347
SF’s Parkmerced apartment complex at risk of $1.8 billion default: One of San Francisco’s biggest apartment complexes, Parkmerced, is at risk of defaulting on ...
sfchronicle.com/sf/article/s-f-apartment-complex-default-19406353.php
Exclusive | Annie Leibovitz Lists 65-Acre California Farm for $8.995 Million: The celebrity photographer didn’t spend as much time at the Bolinas property as ...
on.wsj.com/3w7f6Nl
Union with little inroads at banks tries to organize Wells Fargo workers in Charlotte
charlotteobserver.com/news/business/article284339359.html
Mad about the A’s shifting from Oakland to Sacramento? You’re missing the big picture | Opinion
sacbee.com/opinion/article287536660.html
San Francisco dive bar known for kitsch closes after 25 years: The Beauty Bar, a kitsch Mission District destination where customers could enjoy martinis while ...
sfchronicle.com/sf/article/beauty-bar-sf-mission-district-closed-19404458.php
Latest line: A good week for London Breed, a bad week for Steve Garvey: San Francisco mayor lands a diplomatic coup, while GOP Senate candidate's tax ...
mercurynews.com/2024/04/21/latest-line-a-good-week-for-london-breed-a-bad-week-for-steve-garvey/
Annie Leibovitz just listed her rural California estate for $8.995M: Five years after buying a historic property in rural California, celebrity photographer ...
businessinsider.com/annie-leibovitz-listed-bolinas-california-real-estate-9-million-2024-4
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Worsening US debt outlook seen more in gold and bitcoin than in bonds: Concern about the rapidly rising U.S. government debt is partly behind recent surges in ...
reuters.com/markets/us/worsening-us-debt-outlook-seen-more-gold-bitcoin-than-bonds-2024-04-19/
Pandas coming to CA zoo for first time in decades — and city calls it a ‘major boost’
sacbee.com/news/california/article287840700.html
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Quick Glance: San Francisco to Receive Pandas from China
- San Francisco is set to be the next U.S. city to welcome a pair of pandas from China as part of the 'panda diplomacy' program between Washington and Beijing.
- Mayor London Breed announced that the San Francisco Zoo has been chosen to house the giant pandas.
- The city has been working closely with Chinese and Asian and Pacific Islander communities to strengthen the existing cultural connection.
- China Wildlife Conservation Association (CWCA) will collaborate with city officials to prepare for the pandas' arrival in 2025 and establish technical standards for their conservation.
SF’s tiny cabins for the homeless with ‘insane’ cost finally open: A tiny cabin village is finally open after years of planning and controversy over the ...
sfchronicle.com/sf/article/sf-tiny-cabins-homeless-mission-district-opens-19405930.php
3 retail spaces at Emporium San Francisco Centre have been leased: The new openings follow an exodus from the Emporium San Francisco Centre that included the ...
sfchronicle.com/bayarea/article/three-empty-retail-spaces-s-f-s-biggest-mall-19412449.php
Bank of America Set to Report Earnings as High Interest Rates Cut Both Ways
barrons.com/articles/bank-of-america-earnings-preview-b4d97283
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Best Financial-Services Companies to Own: What drives these firms’ competitive advantages varies by industry.
morningstar.com/stocks/best-financial-services-companies-own
Bank of America: Signs Of The Recession: Bank of America's stock has performed well and kept pace with broader trends since October 2023 ...
seekingalpha.com/article/4684032-bank-of-america-signs-of-the-recession
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Phil Lesh & Friends return to S.F. for May show: The Grateful Dead bassist plans to bring a handful of fellow musicians to the Warfield this spring.
datebook.sfchronicle.com/music/phil-lesh-grateful-dead-19418285
China economy: BofA upgrades China's GDP forecast after strong Q1: BofA still doesn't expect "a full-blown growth rebound" as China grapples with a real estate ...
businessinsider.com/china-economy-growth-forecast-real-estate-investment-manufacturing-demand-bofa-2024-4
Bank Of America Rebound Hinges On Post-Earnings Action: Bank of America could be a buy or a sell on post-earnings action. Morgan Stanley reports first EPS gain ...
investors.com/news/bank-of-america-morgan-stanley-pnc-banks-earnings/
S.F. Robotaxi company Cruise looking to shed more office space : San Francisco Robotaxi company Cruise looking to shed more office space in the city
sfchronicle.com/realestate/article/s-f-office-space-cruise-robotaxi-19416988.php
'Chaotic era' for Asian currencies: Bank of America is not bullish on any of them
cnbc.com/2024/04/24/bank-of-america-not-bullish-on-asian-currencies-cites-chaotic-era.html
Microsoft earnings preview: Strong Azure, 365 growth as AI ramps up: Bank of America raised Microsoft's earnings estimate by 1% above its $60 ...
markets.businessinsider.com/news/stocks/microsoft-earnings-preview-stock-price-target-ai-azure-bofa-msft-2024-4
Fed should not act urgently to cut rates unless required, Daly says: There is "no urgency" to cut U.S. interest rates, Mary Daly, the president of the San ...
reut.rs/4aBz9T9
Stock Market Crash: 3 Charts Show Market Headed For Trouble: "We say rising no landing risks = rising hard landing risks," says Michael Hartnett.
businessinsider.com/stock-market-crash-bubble-charts-trouble-ahead-bank-of-america-2024-4
California launches unprecedented targets to achieve carbon neutrality by 2045: California on Monday released a first-of-its-kind plan to harness more than half ...
thehill.com/policy/energy-environment/4611524-california-climate-unprecedented-nature-based-targets-carbon-neutrality/
Merrill coheads share their playbook for winning clients, advisors: Merrill's Lindsay Hans and Eric Schimpf took over after Andy Sieg's surprise exit ...
businessinsider.com/merrill-coheads-hans-schimpf-share-playbook-winning-clients-advisors-2024-4
Napa Valley is California’s wine barometer, an expensive one: Big corporations — and lots of tourists — are changing the West Coast’s most famous wine-growing ...
ft.com/content/15a3ed6f-60cc-4410-9e4e-b517387c932c
SF’s $1.7 million toilet saga concludes with potty-themed party: Potty-themed party celebrating San Francisco’s celebrity bathroom concludes $1 ...
sfchronicle.com/sf/article/sf-1-7-million-toilet-party-19409232.php
Big banks led by Citi continue to trim staff to cut costs: U.S. banking giants continued to shed employees in the first quarter, with Citigroup seeing the ...
reuters.com/markets/us/big-banks-led-by-citi-continue-layoffs-amid-pressure-cut-costs-2024-04-16/
Robotaxi drives in the opposite lane for half a minute despite a no-passing zone - the Google company praises the software
diepresse.com/18396473/robotaxi-faehrt-trotz-sperrlinie-eine-halbe-minute-auf-der-gegenfahrbahn-die-google-firma-lobt-die-software
Tiny 384-square-foot home lists in California — for $1.7 million. What’s the deal?
sacbee.com/news/california/article287739805.html
The Dow jumps 175 points as the markets look to break a losing streak: Bank of America, Morgan Stanley, and Johnson & Johnson all reported earnings before the ...
qz.com/dow-jones-stock-market-inflation-losing-streak-earnings-1851412882
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It’s Really Hard to Rebuild a Marsh: Scientists hope a gentler approach can save those in San Francisco Bay.
hakaimagazine.com/news/making-a-marsh-out-of-a-mud-pile/
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