This week's warming trend begins today, with inland temperatures hitting the mid-80s to low 90s from the North Bay to southern Monterey County. The National Weather Service issued an Excessive Heat Watch for the interior Bay Area and Central Coast heading into a scorching weekend.
The April 21 downgrading of the credit ratings of 11 regional banks by Moody’s raised new doubts about their stability, while their leaders said the turmoil spurred by last month’s collapse of Silicon Valley Bank has passed.
The March 27 purchase by First Citizens Bancshares of all assets and liabilities of the failed Silicon Valley Bank did not include a community reinvestment pledge signed by SVB in 2021 as part of an acquisiton of Boston Private Bank.
The atmospheric river will be most severe on Friday, with a flood watch already in effect today through Sunday, a wind advisory today and tomorrow for the entire Bay Area and Gov. Gavin Newsom declaring a state of emergency for Santa Clara and 20 other counties.
San Jose and San Francisco scored well in just one category -- investment -- with the San Jose metro area attracting the most venture capital funding of the 25 measured regions. San Francisco ranked eighth, near Philadelphia and New York.
The alert for Labor Day is the sixth consecutive day that the California Independent System Operator has called for voluntary electricity conservation during peak usage hours, from 4 to 10pm.
The first count of unsheltered people in three years showed that the overall number of homeless individuals had increased by 3% in Santa Clara County (to 10,028) and increased by 11% (to 6,739) in the city limits of San José.
Of those sampled in the Bay Area Council poll, 49% said they were very or somewhat concerned about contracting the virus, and . 59% said the same about a family member contracting COVID.
One option for California lawmakers is to decrease the state tax on gas suppliers. Another is some form of rebate to help defray the higher cost of gas.
Four out of five people responding to the latest San Jose Inside Power Poll who say they have considered leaving Bay Area say housing and homelessness are the issues prompting them to move elsewhere.