California economy

State Farm Proposes 30% Rate Increase for Homeowners in California

News Summary State Farm General seeks a 30% increase for homeowner insurance in California, following a 17% hike already approved.…

3 weeks ago

California Faces Budget Deficit Impacting State Workers

News Summary California is grappling with a $12 billion budget deficit, potentially leading to salary cuts and layoffs for state…

3 weeks ago

California’s Small Business Optimism Sees Slight Decline in January

News Summary Small business optimism in California has slightly declined in January, according to the NFIB. Despite the drop, the…

4 weeks ago

California Faces $12 Billion Budget Deficit and Medicaid Cuts

News Summary Governor Gavin Newsom of California has revealed a staggering $12 billion budget deficit for the upcoming fiscal year,…

4 weeks ago

Significant Decline in California’s Eastbound Container Volume

News Summary California has seen a steep decline in eastbound international container volume, dropping to its lowest level in six…

4 weeks ago

Walmart to Close Five California Locations by 2025

News Summary Walmart has announced plans to permanently close five stores in California by the end of 2025 as part…

4 weeks ago

California Faces Energy Assistance Cuts Amid Budget Shortfall

News Summary California is confronting major cuts to its energy assistance programs due to a budget shortfall. Governor Newsom's latest…

4 weeks ago

California Proposes Enrollment Freeze for Low-Income Immigrants in Medi-Cal

News Summary California Governor Gavin Newsom has announced a proposal to freeze enrollment for low-income immigrants without legal status in…

4 weeks ago

California Becomes World’s Fourth-Largest Economy

News Summary California has overtaken Japan to become the world's fourth-largest economy, boasting a nominal GDP of $4.1 trillion. This…

4 weeks ago

California Climate Disclosure Laws Garner Public Support

News Summary California's new climate disclosure laws have received strong public backing, with a recent analysis showing 59% of commenters…

1 month ago