California economy

California’s Economy Stands Strong Amid Business Exodus

News Summary Despite an ongoing business exodus to Texas, California's economy demonstrates remarkable resilience. Governor Newsom defends the state's vitality,…

4 weeks ago

California Businesses Brace for Price Hikes Amid Trump’s Tariff War

News Summary California businesses are bracing for significant price hikes due to President Trump's tariffs on imports, particularly impacting hardware…

4 weeks ago

Los Angeles County’s Sales Tax Set to Increase

News Summary Beginning April 1, Los Angeles County will see a sales tax increase from 9.5% to 9.75% due to…

4 weeks ago

California’s Economic Journey: A Tale of Resilience

News Summary California has navigated a tumultuous economic landscape over the past 25 years, demonstrating remarkable resilience amidst challenges such…

1 month ago

New Shipbuilding Facility Proposed for Solano County

News Summary A development group, California Forever, is proposing a new shipbuilding facility in southeastern Solano County. This initiative aims…

1 month ago

The Job Market Takes a Hit in the Bay Area and Beyond

News Summary February 2025 has proved challenging for job seekers in the Bay Area, with significant job losses reported. A…

1 month ago

California Celebrates Electric Vehicle Milestone

News Summary California has achieved a remarkable milestone with 25% of all new car sales being electric vehicles (EVs). This…

1 month ago

California’s $6.2 Billion Medicaid Budget Gap Raises Concerns

News Summary California faces a daunting $6.2 billion budget gap in its Medicaid program, affecting around 15 million residents. The…

1 month ago