I recently heard from a source in Walnut Creek city government that the economic crisis is hurting downtown’s restaurant scene. “People might still splurge on the special… Read more “Going Out to Eat As Much? Hard Times Reportedly Hitting Local Restaurants”
Category: Economy Watch
Will the CoCo Times’ Reporting of WC City Council Meetings and Other Local News Be Outsourced to Writers in India?
No, according to Kevin Keane, Contra Costa Times executive editor. He assures me in an email: “The Contra Costa Times has no plans to outsource reporting or… Read more “Will the CoCo Times’ Reporting of WC City Council Meetings and Other Local News Be Outsourced to Writers in India?”
New Federal Report: Poverty Spreading to the Suburbs
The day after Black Friday when we were all supposed to be crowding Target, Best Buy, Macys, and the malls, spending money we might not have on… Read more “New Federal Report: Poverty Spreading to the Suburbs”
Crazy Black Friday Shopping Schedule, and a Plea to Shop Locally
If I was an avid shopper, and I’m not, actually, I’d be in a tizzy Friday morning, the day after Thanksgiving. Starting early, (at some stores right… Read more “Crazy Black Friday Shopping Schedule, and a Plea to Shop Locally”
What will happen to Walnut Creek’s downtown if certain major retailers go out of business in today’s economic crisis?
‘Twas the night before Thanksgiving (and two days before retail’s famed Black Friday), and I came across this not very cheery report from 24/7 Wall St., which… Read more “What will happen to Walnut Creek’s downtown if certain major retailers go out of business in today’s economic crisis?”
Unfortunately, Some More Job Cuts to Come in East Bay suburbs
Sorry, to be the bearer of this news, but here are local companies that will be cutting staff in what remains of November and through December. This… Read more “Unfortunately, Some More Job Cuts to Come in East Bay suburbs”
Oh Joy! More job cuts likely in the San Francisco Bay Area
Four out of 10 Bay Area employers contacted in a survey anticipate cutting jobs within six months, according to a dismal report on the region’s business pulse… Read more “Oh Joy! More job cuts likely in the San Francisco Bay Area”
Suburban dad arrested in Silicon Valley tech firm shooting spree that leaves three dead
An engineer and father of three, just laid off from a Silicon Valley semiconductor startup, was arrested Saturday for allegedly opening fire at his workplace the day… Read more “Suburban dad arrested in Silicon Valley tech firm shooting spree that leaves three dead”
Who’s to blame for the Global Economic Crisis? Bush, Wall Street, Greenspan, Congress—or Us?
My boss and I were recently debating whether we, those of us, collectively in affluently suburbia, share some of the blame for GEC (Global Economic Crisis). My… Read more “Who’s to blame for the Global Economic Crisis? Bush, Wall Street, Greenspan, Congress—or Us?”
Contrary to what you’ve heard, the foreclosure crisis is also hitting affluent suburbs
Walnut Creek, California, where I live, is considered to be an affluent American suburb. (FYI: the median housing price is $537,000, down 10 percent from the year… Read more “Contrary to what you’ve heard, the foreclosure crisis is also hitting affluent suburbs”
Crazy in Suburbia 