California economy

California’s Strategy to Increase Heat Pump Adoption

News Summary California has launched the Heat Pump Partnership, aiming to increase heat pump installations to 6 million by 2030.…

1 month ago

California Renters Are Staying Longer Amid Housing Crunch

News Summary As California enters 2025, renters are choosing to stay in their apartments longer, with a median stay of…

1 month ago

California Proposes Increased Film Production Tax Credit

News Summary California lawmakers are proposing an increase in the film and television production tax credit to 35%, expanding eligibility…

1 month ago

23andMe Files for Bankruptcy Amid Financial Struggles

News Summary In a shocking announcement, genetic testing company 23andMe has filed for Chapter 11 bankruptcy following significant financial difficulties…

1 month ago

California Homeowners Face New Fees Amid Rising Costs

News Summary California homeowners are bracing for new fees that could impact approximately 8 million residents. Meanwhile, pay raises are…

1 month ago

California Hits 25% Electric Vehicle Sales: A Charge Towards the Future!

News Summary California has reached a significant milestone, with 25% of new car sales being electric vehicles (EVs). The state…

1 month ago

California Explores New Road Charge for Transportation Funding

News Summary California is considering a mileage-based user fee, known as the California Road Charge, to address declining gas tax…

1 month ago

Altadena Business Owners Face Long Road to Recovery

News Summary After the devastating January wildfires, Altadena's community is struggling to rebuild. Many business owners, including those with decades-long…

1 month ago

California’s New Initiative to Tackle Methane Emissions

News Summary The California Air Resources Board has launched a major initiative to combat methane emissions by selecting Planet Labs…

1 month ago