Monthly Archives: July 2009

SACRAMENTO — As big as California’s budget woes are, so are the problems lurking in its biggest pension fund. The California Public Employee Retirement System lost nearly $60 billion in the financial markets last year. It has more than enough … Continue reading →

The convenience store chain says it will add 600 stores over the next seven years, a move that could save it millions because of the weak commercial land market. By Roger Vincent and Andrea Chang July 24, 2009   In … Continue reading →

When David and Penny Mann decided it was time to move to a retirement community, their real estate agent told them that in this rough market, it could take months to sell their downtown San Jose Victorian. So they were … Continue reading →

July 22 (Bloomberg) — U.S. home prices had the smallest annual drop in 10 months, signaling the free fall of property values is abating in the three-year housing slump at the center of a global recession. Prices declined 5.6 percent … Continue reading →

LOS ANGELES — Even in the 1930s, Woody Guthrie warned America in a Dust Bowl song that the California dream could not be had on the cheap. Yet relative to other places, the state has historically been a pretty good … Continue reading →