News Summary California witnessed an average of 43,265 new business applications monthly in 2024, despite a 6.9% decline from last year. As a leading hub
News Summary A new Milken Institute report warns that California’s film and television industry is at risk due to high costs, outdated processes, and complex
News Summary California has recorded a notable 22% increase in consumer confidence for May, marking the first boost since the November elections. This surge is
News Summary A federal judge in California has indicated a likely extension of a freeze on President Trump’s planned federal worker layoffs, amidst legal challenges.
News Summary Small business optimism in California has slightly declined in January, according to the NFIB. Despite the drop, the Small Business Optimism Index remains
News Summary California has overtaken Japan to become the world’s fourth-largest economy, boasting a nominal GDP of $4.1 trillion. This economic growth, primarily driven by
News Summary California is grappling with a $12 billion budget shortfall for the fiscal year 2024-2025, as detailed by Governor Gavin Newsom. The shortfall, exacerbated
News Summary California is grappling with a projected $16 billion revenue shortfall linked to President Trump’s tariff policies. This decline, marking a 4% decrease from
News Summary California’s economy is experiencing a dual reality as home values in major metropolitan areas are expected to drop, raising concerns about housing affordability.
News Summary California is facing significant economic challenges as the effects of President Trump’s trade war become evident. With tariffs soaring to 145% on Chinese
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