Dan Walters

California's governor, Gavin Newsom, has been issuing confusing orders on COVID-19 recently, undermining trust.

California's largest utility, Pacific Gas and Electric, is about to emerge from bankruptcy with a depressed stock price and a very high debt load. If it cannot operate safely and profitably, a state takeover may be the option.

Unemployment has tripled since COVID-19 struck, but there was an uptick in May. So what's next for the California economy?

Gov. Gavin Newsom and legislative leaders announced this week that they have a deal on a new state budget to take effect on July 1. Facing the COVID-19 pandemic and the resulting economic plunge, they said, “we have agreed on a budget that is balanced, responsible and protects core services — education, health care, social […]

Southeastern Los Angeles County is a "corridor of corruption," in the words of Assembly Speaker Anthony Rendon. The Legislaure is finally doing something about one example.

Facing a vicious circle of conflicting demands and priorities, the California Public Employees Retirement System is turning to debt - a risky scheme to borrow billions of dollars in hopes of juicing its investment returns.

The Legislature has passed a placeholder state budget that protects lawmakers from losing ther salaries, but the end game may be a battle over taxes.

California clearly has problem with police violence and it will be up to the Democrats who control the state's politics to fix it.

A final version of the new state budget is still being negotiated, but it's evident that it will include billions of dollars in new state debt.

A new resolution supported by most state assembly members could be the beginning of the end for California's much-troubled bullet train project.