Op-ed

Op-ed

Gomez: The real dangers of the Credit Card Competition Act

The Credit Card Competition Act (CCCA) poses significant risks to our local businesses, consumers and the vitality of small financial institutions in our community. While the legislation claims to promote competition, it creates conditions that unfairly disadvantage our local economy, primarily benefiting large retailers through reduced fees. The CCCA threatens popular credit card rewards programs,...

Nguyen: Small business needs a champion

The headlines are depressingly similar. Month after month, we see stories about long-time small businesses closing their doors forever. It has been four years since the pandemic devastated California, yet many of our legacy businesses have never recovered.  First hit by closures, they have also been severely impacted by inflation, rising commercial rents, and slow...

Poon: Options to reduce homelessness in downtown San Jose

The increasing number of homeless individuals in downtown San Jose is a pressing issue that requires targeted and comprehensive measures. As the heart of Silicon Valley, our city is renowned for its high-tech industry, commerce and prosperity. However, the growing population, increased mobility and proliferation of tech companies have led to higher living and housing...

Kovacevich: California’s social safety net depends on a healthy tech industry

California is grappling with a harsh reality as the state’s budget deficit is expected to hit a staggering $73 billion in the next fiscal year. Gov. Gavin Newsom’s proposed budget for the 2024-25 fiscal year outlines severe cuts across education, health and human services. For the millions of citizens who depend on these vital social services, California’s...