Economy

Some California retirees are losing income as their pension funds make adjustments to comply with a 2013 law that attempted to curtail "spiking."

As the FAIR Plan writes more fire-insurance policies, homeowners complain about poor service, rising costs and threats of getting kicked off.

Top tech companies’ stocks helped boost state revenue last year, making the health of the tech industry more important to California than ever.

A new law, sponsored by Attorney General Rob Bonta, will create a fund designed to fully compensate victims of false advertising or unfair competition.

Under two new laws, employers in California can’t ask workers about their use of cannabis outside the workplace and can’t use hair or urine tests. Employees in construction are excluded, as are applicants for federal jobs with background checks.

Under a new law, employees in California are guaranteed five paid sick days a year, two days more than previously. Worker advocacy groups say the benefit is needed, but business groups warn of additional costs.

Drivers’ complaints about difficulty getting insurance coverage prompt state to reiterate laws, signal possible enforcement actions.

California fast-food workers will earn a $20 minimum wage in April. Other employers might have to raise their pay floor to recruit and retain staff.

After record budget surpluses during the pandemic, the California budget deficit could mean painful spending cuts going forward. The projection for 2024-25 has risen to $68 billion in the red.

There are warning signs for the California economy: Unemployment is inching up, tech layoffs continue and IPOs are waning. Experts expect a downturn, but it's still possible the state will avoid a recession.