COVID-19 pandemic – Page 2 – California Globe

Sen. Rand Paul’s Annual ‘Festivus’ Report: a Whopping $1,008,313,329,626.12 of Government Waste

December 25, 2024 2:30 amDecember 26, 2024 7:41 am

U.S. Sen. Rand Paul just released his annual “Festivus Report” of wasteful government spending. The 2024 listing does not disappoint – until you remember that all of us are paying for this abuse of taxpayers’ funds by electing the congressional...

San Francisco Office Vacancy Rates ‘Marginally Improves’ First Time in Five Years

December 17, 2024 4:16 pmDecember 17, 2024 4:16 pm

According to new preliminary data from real estate services company JLL, San Francisco saw their first drop in office vacancy since 2019 in Q4 2024, marginally improving from 34.5% last quarter to 34.3%. Before the COVID-19 pandemic, San Francisco had a...

San Francisco Fed President Urges Companies to Get Employees Back In Offices

July 9, 2024 2:30 amJuly 9, 2024 2:31 am

According to a new report by real estate firm CBRE, San Francisco’s office-vacancy rate rose to a new record high of 37% in the second quarter of 2024. This sparked San Francisco Fed President Mary Daly to say that companies...

San Francisco Office Prices Have Fallen From $90/Sq. Foot To $62/Sq. Foot In Only 4 Years

May 23, 2024 12:19 pmMay 23, 2024 12:19 pm

A new report by real estate agency Cushman & Wakefield released this week found that the average office rent price in San Francisco has plummeted from $90/square foot in 2020 to $62/square foot today, marking a huge collapse not seen...

California Attorney General Xavier Becerra

HHS Secretary Xavier Baccaria for California Governor?

April 11, 2024 8:00 amApril 11, 2024 8:17 am

Biden Administration Health and Human Services Secretary Xavier Becerra let slip this week that he is considering leaving the administration to run for California Governor, Politico reported. “I miss California,” Becerra said at the start of a talk at Manny’s...

LA-Based 99 Cents Only Stores Announce All 371 Stores Nationwide Will Be Closed Down

April 5, 2024 12:05 pmApril 5, 2024 12:05 pm

City of Commerce-Based 99 Cent Only Stores announced on Thursday that the company will be shut down, with store closures and complete liquidation occurring at all 371 locations across California, Arizona, Nevada, and Texas. Founded in Los Angeles in 1982...

San Francisco Office Vacancy Rates Reach Record High

March 23, 2024 2:35 amMarch 23, 2024 2:36 am

According to a new report by real estate firm CBRE, San Francisco’s office-vacancy rate rose to a new record high of 36.6% in the first quarter of 2024, albeit with some positive news that tech and AI companies could reverse...