Articles tagged with: economy
By Huda Ahmed/510 Report
Liz Martin sits on the passenger’s side of her shabby gray van – the side away from the sun – which is parked on a Saturday afternoon next to the spot where her merchandise is on display at Berkeley’s Ashby Flea Market. She keeps her eyes on three stools supporting organized piles of colorfully embroidered used bed sheets and pillows folded in plastic bags. Martin, who is 82, has been a vendor at the flea market since it began more than 32 years ago, and she never …
Business, Faces & Places, Southside »
By Diana Montaño/510 Report
The tropical crops of Maria Inés Catalán’s youth don’t grow in Hollister. Instead of winding through the papaya and mango trees of her native Guerrero, Mexico, here, wearing black loafers caked in mud from the past week’s rain, she tramples weeds, carefully stepping over the kale, broccoli and artichoke plants that thrive in the Northern California winter.
Civic Life, Fremont, Government »
By Mateen Kaul —
NEWARK – In a public forum Monday night, the city managers of Fremont, Newark and Union City detailed the stresses on their budgets because of falling tax revenues and the state budget crisis.
By Guo Shipeng
Barack Obama’s historic win has moved many Chinatown residents, who saw the election of a black President as an inspiration and also a potential blessing for the community, but some business owners are pessimistic about an imminent recovery from the current economic hardships.
Civic Life »
By Karen Weise
Even for S&M fans, the pain of the current economy can be too much.
At last weekend’s Exotic Erotic Expo and Ball, a tradeshow and party billed as a “Celebration of Flesh, Fetish, and Fantasy,” small adult entertainment businesses said they are facing bleak balance sheets, with declines in customer spending and decreased access to credit for their own businesses.
Sitting behind a display of vacuum pumps for penis enlargement and erectile dysfunction, Dr. Joel Kaplan bemoaned the downturn his business has faced this past year. Kaplan said his regular …
Business, Fremont, Mission San Jose, Niles »
Story by Tyler Sipe
California’s unemployment numbers continue to show teenagers are among the hardest hit in the flailing economy.
The state’s Employment Development Department reported in August that teenage unemployment rate — among 16 to 19 year olds — was 21.9 percent, an increase of more than 4 percent from the same time last year.
Fremont resident Phuong Nguyen, 18, said she has been actively looking for a job since she graduated high school in June. She said she no longer wants to depend on her parents, and needs extra income …
By Mateen Kaul
Rep Pete Stark, D-Fremont, has called for investment in public infrastructure to create jobs and ease the current economic crisis, even if it means running up the deficit.
Business, Civic Life, Fremont »
Story by Linsay Rousseau Burnett
Fremont, considered the “Gateway to Silicon Valley,” may be an expensive suburb, but it is also home to a hidden homeless population.
The cost of rental properties in Fremont is higher than San Francisco; the city also has a larger number of homeless children than the national average. And the recent economic downturn has caught these homeless in a painful squeeze.
Story and photo by Tyler Sipe
The recent precipitous decline of the stock market is hitting Fremont seniors particularly hard.
In the past 15 months alone, Americans’ retirement plans have lost as much as $2 trillion – or about 20 percent overall, according to Congressional budget analysts and reported by the Associated Press.
Story and Photos by Tyler Sipe
Copper metal has become the new gold standard in the underground economy.
Fremont and other East Bay cities have seen a dramatic increase in copper theft, especially since the commodity has risen above $3 a pound.
Fremont Police Detective Bill Veteran said the theft of copper and other metals has reached epidemic proportions, and said he believes most of the offenders in the Tri-City area are drug addicts.