Latinas in Silicon Valley have the largest pay gap of any large metropolitan area in California. Latinas had a median annual per capita income of $34,400 in 2022, compared to white males who made a median income of $102,000, according to a recent report by Hispanas Organized for Political Equality (HOPE). For every dollar a white male...
San Jose leaders sign off on East Side improvement plan
San Jose is moving forward with establishing its sixth business improvement district, giving East Side leaders hope for a thriving economic sector and community going into 2025. The San Jose City Council on Tuesday unanimously voted in favor of starting the Tully Road Eastridge Business Improvement District, a partnership between business owners and the city...
Settlement lets Cupertino keep millions in Apple sales tax revenue
Cupertino can keep millions of sales tax dollars from Apple, despite a lengthy state audit questioning the city’s tax agreement that left it with a budget shortfall. The city on Thursday announced a settlement with the California Department of Tax and Fee Administration, allowing Cupertino to retain sales tax revenue from Apple since the state...
UPDATE: San Jose approves tax breaks to fill empty office space
San Jose city leaders want to entice new businesses into filling empty office space in Downtown San Jose with perks that can save them money. The City Council voted unanimously Tuesday to approve a policy for any new business looking for a minimum of 2,500 square feet to be exempt from paying city business taxes...
Silicon Valley food stamp levels highest since 2014
It’s a tale of two worlds in Santa Clara County — one of affluence and one of survival, as thousands of residents struggle to put food on the table. Participation in CalFresh is at its highest level in a decade. As of July, the federally funded food assistance program has more than 130,000 individuals receiving...
Silicon Valley service workers support no taxes on tips
Bev Lucatelli, owner of The Caravan Lounge, pretends to jokingly strangle one of her bartenders, King Patrick Eugenio, under the warm glow of the bar’s rainbow Christmas lights and they both burst out laughing. All the employees treat each other like family, with Lucatelli even offering to spot Eugenio when he’s low on rent money....
Failed contract prompts San Jose hotel worker strike
Frustrated San Jose hotel workers launched a three-day strike over Labor Day weekend against the Signia and DoubleTree after more than two months of failed contract negotiations with Hilton Hotels & Resorts. Unite Here Local 19 hotel workers in San Jose chose to strike Monday night and picket through Tuesday, a union representative told San...
East San Jose businesses to launch growth plan
East San Jose businesses are partnering with the city to launch a plan to drive more shoppers into the Tully Eastridge neighborhoods and breathe new life into its diverse economy. The business owners want to create a business improvement district as a way to draw more foot traffic to the area for upcoming events such as farmers markets...
Santa Clara preps stadium security ahead of Super Bowl
In what regional leaders call a first for American sports arenas, Levi’s Stadium will host World Cup matches and the Super Bowl in the same year — and the costs of making history are taking shape as Santa Clara officials work to secure the venue from threats. World Cup public safety costs could hover around...
San Jose has highest home prices in nation
It’s cheaper to rent a home in San Jose than buy one, though renters still pay steep prices in one of the most costly cities in the nation. A report by real estate platform Clever ranks San Jose as the No. 1 most expensive city to buy and rent, out of the 50 most populous...