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The Economy: California Facing Hard Times
Collecting all of KQED's coverage of the economic downturn and its impact on Californians.

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Recently on California Money:

Fri, Nov 20, 2009 -- 3:57 PM
Unemployment Rate Edges Up

California's unemployment rate climbed again in October to its highest rate since World War II. Also, Central Valley wine grape growers say sales have jumped six percent over the last year and a half, even as sales of some higher-priced Napa wines have dropped. And Northern California's ski industry is getting some welcome precipitation in advance of the holiday weekend.
Host: Peter Jon Shuler

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Thu, Nov 19, 2009 -- 3:57 PM
Mixed Signals in California's Housing Market

For the first time in two years, the Bay Area's median home price rose in October from the previous year. Home sales were also up even as foreclosure sales dropped. That's according to new figures from MDA Dataquick. But the Mortgage Bankers Association is warning of a new wave of foreclosures.
Host: Peter Jon Shuler

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Wed, Nov 18, 2009 -- 3:57 PM
Wells Fargo Settlement / Hundreds Apply for Stimulus Funds

State Attorney General Jerry Brown has announced a settlement with Wells Fargo Investments. The settlement requires the bank's brokerage unit to return about $1.3 billion to the firm's clients, whose funds have been frozen in the auction rate securities market. Also, federal stimulus funds in the form of family assistance programs are finally starting to flow in California.
Host: Peter Jon Shuler

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Tue, Nov 17, 2009 -- 3:57 PM
Tech IPO May Open Floodgates

A Sunnyvale-based start up is set to become the latest of only a handful of tech firms to jump into the IPO market this year. Fortinet, a network security provider, is expected to go public tomorrow. Silicon Valley has seen virtually no IPO activity for nearly two years. But Fortinet may be just the beginning of a flurry initial public offerings.
Host: Stephanie Martin

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Mon, Nov 16, 2009 -- 3:57 PM
Vietnam Aims to Attract Bay Area Capital / Cisco Ups Tandberg Bid

A delegation of high ranking officials from Vietnam is in San Francisco this week for a conference aimed at attracting Bay Area investors. A number of high profile companies, such as Intel, have already set up shop in Vietnam. Also, San Jose-based Cisco Systems today raised its bid for Norwegian videoconferencing company Tandberg.
Host: Stephanie Martin

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Fri, Nov 13, 2009 -- 3:57 PM
New East Palo Alto Supermarket / California Exports Up

San Jose-based Mi Pueblo Food Center is getting ready to open a new store in East Palo Alto this weekend. The opening marks the first time the community has had a full-service supermarket in more than two decades. Also, new numbers show California's export trade beginning to pick up.
Host: Stephanie Martin

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