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Worries about the war with Iran sent oil prices back to $100 per barrel and stocks sinking worldwide. The S&P 500 fell 1.5% Thursday and returned to big swings following a couple days of relative calm. The Dow Jones Industrial Average dropped 1.6%, and the Nasdaq composite sank 1.8%. The center of action was again the oil market, where the price of a barrel of Brent crude got as high as $101.59. Treasury yields climbed in the bond market on worries about higher inflation and fewer cuts to interest rates by the Federal Reserve.

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In part due to an unexpected state reimbursement, Foster City now projects a $5.4 surplus this fiscal year — which ends in June — despite an e…

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The city of San Mateo is exploring a sales tax measure this November, citing long-term structural deficits that could start impeding basic cit…

Abby Veeser has been named as the new finance director for the city of San Mateo, bringing more than 25 years of municipal government experien…

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The Half Moon Bay City Council passed its budget for the upcoming 2025-26 fiscal year at its meeting June 17, as it grapples with a structural…