By Ashley Zavala At KCRA 3 September 17, 2024 SACRAMENTO, Calif. — The California Legislature this year quietly spent $5.2 million to have granite mined in the Central Valley, shipped to Italy to be finished into bricks and sent back … Continue reading
Even though California has experienced lopsided out-migration for decades, the financial blow has been cushioned by the kinds of people… Read more at the LA Times
BY LEVI SUMAGAYSAY at CalMatters DECEMBER 18, 2023 California is ending the year facing a multitude of economic challenges, including a budget deficit, flat tax revenue, sluggish job growth and massive unemployment insurance debt. The state’s budget surplus turned into a $32 … Continue reading
BY MIKHAIL ZINSHTEYN at CalMatters DECEMBER 18, 2023 Two seemingly diametrically opposed things were both true about California’s budget in 2023. The state had to pare down its spending as it confronted a nearly $32 billion deficit for 2023-24. Nonetheless, the final … Continue reading
BY DAVID LIGHTMAN at the Sacramento Bee UPDATED JUNE 29, 2023 1:54 PM California’s gasoline taxes are going up again Saturday. That means there’s little hope that the price at the pump, already more than $1.25 above the national average, will … Continue reading
By Chris Isidore at CNN February 16, 2022 Gas in California hit a record high of $4.72 a gallon on average on Wednesday — and experts say a whopping $5 a gallon will likely be the norm there in a … Continue reading
By RALPH VARTABEDIAN at the LA Times February 8, 2022 California bullet train officials on Tuesday released a new draft project blueprint that acknowledges that costs have risen roughly $5 billion but seeks to address several issues that have generated blowback. The 2022 … Continue reading
By Jonathan Lansner at The Mercury News January 3, 2022 At the start of 2022, Californians will be job hunting in the most-competitive employment market in the nation. The harsh reality for anybody looking for a paycheck is not simply … Continue reading
By Margot Roosevelt, Samantha Masunaga at the LA Times December 3, 2021 For Vivian Bowers, owner of a South Los Angeles dry cleaner, inflation hit home when her wholesale cost for hangers soared by 48% in six months. Tom Bock, … Continue reading
By Adam Beam at KCRA 3 November 17, 2021 California will have a $31 billion budget surplus next year as revenues continue to climb despite the pandemic, according to a new forecast from the state’s independent Legislative Analyst’s Office. The … Continue reading