Economy

Former Gov. Jerry Brown, who pushed to rein in public employee pension costs, has started drawing on his $120,000-a-year pension after decades of public service. Brown officially retired Jan. 7 to his ranch in Colusa County and began drawing $9,994.29 a month after 33.5 years of service, according to Amy Morgan, a spokeswoman for the […]

PG&E customers shouldn't have to foot the bankruptcy bill if the utility is responsible for deadly California wildfires, says a state watchdog.

Californians who like the idea of getting more paid time off work to care for a new baby may find good news and bad news in the details of Gov. Gavin Newsom’s proposed budget.

A huge surprise surplus, a big push on affordable housing, help for college students, working poor tax credits, credit cards at the DMV, kindergarten potties.

The governor proposes extra payments and offers to help school districts meet their pension obligations as retirement liabilities top $256 billion.

Over the course of his four-year $153.3 million contract, LeBron James could pay more than $20 million in California income taxes. That’s about $1 for everyone in the state workforce.

There's a surge of California interest in the idea of a state-run bank to support the weed market and fund student loans and affordable housing. But would it work?

A new generation of small farmers in California—many with horticulture skills but little to no business background—are turning to nonprofit mentors to help them succeed.

Many California are eager for change and a majority are downright pessimistic about California's future, according to a new survey from the nonpartisan Public Policy Institute of California.

The uncertainty of a U.S. trade dispute with China, which could trigger a recession, to a lack of affordable housing are among some of the chief concerns of economists as Gavin Newsom takes the helm in California.