Economy

The governor’s announcement affects most of the state workforce and will take effect on July 1.

The state’s fast food council has scarcely discussed any regulations other than another potential wage hike. Even then, it has agreed only to talk about the issue at another meeting.

Ricardo Lara said he will look at information provided by State Farm before revisiting his previous decision to reject the company’s emergency rate hike.

California’s small businesses create the bulk of jobs in the state. Trump’s funding freeze, anti-DEI push and more could jeopardize that.

A spate of new bills in California and other states would protect consumers from electricity rate hikes that subsidize data centers.

In the wake of the Los Angeles fires, State Farm asked for an "emergency" premium increase of 22% on average for California homeowners. Lara today denied the request pending more information.

Lawmakers are pushing potential remedies in the wake of a CalMatters investigation, which discovered that even after California victims of wage theft win their claims, only about one in seven judgments are paid. 

After saying it would run out of funds by March, California’s last-resort fire insurance provider will impose a special charge of $1 billion on insurance companies — which will in turn pass the costs along to homeowners — the first such move in more than three decades. The state Insurance Department today approved a request […]

Regional airports like Palm Springs International Airlines are trying to expand international offerings after traffic declines during the pandemic.

State Farm, which already has rate increase requests pending, asked state officials to approve more insurance price increases.