California economy

Benicia Faces Economic Shift as Valero Refinery Eyes Closure

News Summary Benicia, California, faces uncertainty as Valero refinery announces potential closure by April 2026, impacting local jobs and economy.…

2 months ago

State Farm Seeks Major Rate Hikes Amid Wildfire Crisis

News Summary In response to the recent catastrophic wildfires in California, State Farm is requesting a substantial average rate hike…

2 months ago

Los Angeles Faces Tourism Trouble as Trade Policies Take Toll

News Summary Los Angeles is experiencing a decline in tourism, with empty streets and businesses struggling to attract visitors. Factors…

2 months ago

California Wildfires Challenge Residents and Insurance Markets

News Summary California's recent wildfire season has devastated communities, leaving residents like Alex Markarian awaiting crucial insurance payouts. With over…

2 months ago

San Francisco Becomes the Wealthiest Metro Area

News Summary San Francisco is set to become the world’s wealthiest metro area, surpassing New York City, according to a…

2 months ago

California Governor Defends State’s Economic Strength Amid Tariffs

News Summary California Governor Gavin Newsom has expressed confidence in the state's economy despite challenges posed by recent tariff policies…

2 months ago

California Housing Market Shows Signs of Recovery in February

News Summary California's housing market saw an 11% increase in home sales in February, marking a rebound from previous months.…

2 months ago

California Agriculture Braces for Major Financial Hit

News Summary California's agricultural industry faces a potential $6 billion annual loss due to escalating trade tensions and tariffs introduced…

2 months ago

California Real Estate Market Faces Ups and Downs

News Summary The California real estate market is experiencing fluctuations due to stock market instability and ongoing challenges like low…

2 months ago

PG&E Unveils $1.4 Billion Wildfire Mitigation Plan

News Summary Pacific Gas & Electric (PG&E) has announced a significant $1.4 billion investment in a Wildfire Mitigation Plan aimed…

2 months ago