Gov. Newsom, Lawmakers Reach COVID-19 Relief Deal; $600 Stimulus Checks For Low-Income CaliforniansGov. Gavin Newsom and lawmakers have reached a spending deal on small business grants, stimulus checks for low-income Californians and housing for farmworkers infected by the coronavirus.
$185M Spent By Gig Economy Giants Uber, Lyft And Others To Try And Pass Prop. 22The amount of financing behind the ballot measure — the most expensive proposition in the state's history according to Ballotpedia — underscores how important its passage is to the future of the businesses.
California's Jobless Rate Improves; Economy Still StrugglingCalifornia added more than 140,000 jobs in July, lowering its historic high unemployment rate to 13.3% amid a coronavirus pandemic marked by stops and starts of the workplace that have plunged the world's fifth largest economy into chaos.
As California Economy Booms, Cities Struggle With PensionsWhile California's economy is booming, a new analysis shows pension obligations continue to weigh on the state's cities as nearly three-quarters of them don't have enough money to pay the future health benefits for retired workers.
California is Now the 5th Largest Economy in the WorldCalifornia has surpassed the United Kingdom to become the world's fifth largest economy.
Report: Tsunami Would Swamp California's EconomyIf a monster earthquake struck off Alaska's coast, tsunami waves would rush toward California, swamping the nation's largest port complex and causing major economic damage.
California Economy Slips To 9th Largest, Behind BrazilThe recession has taken a measurable toll on California, which has slipped behind Brazil to become the ninth-largest economy in the world.
Calif. Exports Bouncing Back Faster Than EconomyCalifornia exports are rebounding more quickly than the state's overall economy, posting the 11th straight month of improvement in September.