California economy

KeyBank Expands Commercial Banking Teams in Southern California and Chicago

News Summary KeyBank is expanding its commercial banking operations in Southern California and Chicago, targeting middle-market clients with tailored solutions.…

2 months ago

California Real Estate Market Experiences Significant Drop

News Summary This week in California news, home sales have dropped by 10%, reflecting buyers' cautious approach in the real…

2 months ago

State Farm Seeks Major Rate Increases in California

News Summary State Farm is requesting significant rate hikes in California, including up to 38% for rental properties, due to…

2 months ago

California Insurers Implement Rate Hikes Due to Wildfire Impact

News Summary Insurance companies in California, including Mercury General and Safeco, are raising rates due to the financial repercussions of…

2 months ago

Insurance Chaos in California: What’s Behind the Recent Turmoil?

News Summary California homeowners are facing a crisis in the insurance market, marked by rising premiums, policy cancellations, and new…

2 months ago

Chevron’s Relocation to Texas Marks a Significant Shift

News Summary Chevron Corporation is set to move from San Ramon, California, to Houston, Texas, by the end of 2024.…

2 months ago

California Fast Food Workers Potentially Facing Wage Hike

News Summary Fast food workers in California are on the cusp of an hourly wage increase. The California Fast Food…

2 months ago

California Business Roundup: Economic Changes and Community Support

News Summary California is facing economic challenges, including significant layoffs and soaring rent prices. Despite these struggles, community initiatives like…

2 months ago

California Faces Insurance Crunch Amidst Wildfire Turmoil

News Summary California is grappling with a significant insurance crisis following the January 2025 wildfires that inflicted over $30 billion…

2 months ago