California economy

House Votes to Block California’s Gasoline Car Sales Ban

News Summary The House of Representatives passed a resolution to block California's plan to prohibit the sale of new gasoline-powered…

1 month ago

California’s Small Businesses Face Tax Hike Without Deduction

News Summary California's 4.2 million small businesses could face a significant tax hike to 52.9% if the 20% Small Business…

1 month ago

California Surpasses Japan to Become Fourth-Largest Economy

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

2 months ago

California Housing Inventory Sees Significant Increase

News Summary California's housing market is witnessing a notable recovery, with a 50% year-over-year increase in active housing listings as…

2 months ago

California Becomes the Fourth-Largest Economy in the World

News Summary California has officially surpassed Japan to become the fourth-largest economy globally, with a nominal GDP of $4.1 trillion.…

2 months ago

California Overtakes Japan to Become the Fourth-Largest Economy

News Summary In a major economic milestone, California has surpassed Japan to claim the position of the world’s fourth-largest economy…

2 months ago

California Greenlights Self-Driving Heavy-Duty Trucks

News Summary California's regulators have proposed new rules that would allow self-driving heavy-duty trucks above 10,001 pounds to be tested…

2 months ago

Valero Energy Faces $1.1 Billion Writedown in California

News Summary Valero Energy Corp. announced a $1.1 billion writedown on its California oil refineries, prompting concerns about the state's…

2 months ago

California Surges to Fourth-Largest Economy in the World

News Summary California's economy has surpassed Japan to become the fourth-largest globally, with a nominal GDP of $4.1 trillion. Governor…

2 months ago