Economy

Experts say the “great reshuffling” of jobs during the pandemic is changing California’s economy and workforce. Here are some takeaways.

Gov. Newsom and legislative leaders agree to a record California budget that includes another round of tax rebates. Here are other highlights of the agreement, including spending for abortion access, public schools and small businesses.

After weeks of talks, Gov. Gavin Newsom and legislative leaders announce a tax relief plan that includes refunds of as much as $1,050. It is part of a $300 billion budget deal announced Sunday night.

There’s a good chance that two initiatives to legalize sports betting will appear on the November ballot. If both pass, they might both go into effect or the result could be decided in court, depending on which one gets more yes votes.

While homeownership remains a challenge for people of color in California, those who do achieve it don’t equitably reap the benefits, a new report argues, because of the state's landmark law limiting property tax increases.

Calls to California’s Employment Development Department disability insurance call centers surged to 12 times their normal volume in late 2021 and early 2022 as the department dealt with fraud. Many went unanswered, leaving some Californians in the lurch for months.

New rules proposed by California’s Department of Insurance would require insurers to take homeowners’ efforts to reduce wildfire risk into account when setting premiums. But they would still allow non-renewals.

California lawmakers and activists are pressing Gov. Gavin Newsom to spend more to help the state’s poorest residents.

California legislators are advancing two bills that would require companies to report more data about pay and internal practices. Business groups oppose the bills and say the data could be taken out of context.

Of the different efforts to legalize sports betting in California, one would require over $100 million in fees — a move experts say limits competition in what is forecasted to be a multi-billion dollar industry.