Economy

Gov. Newsom often brags about California's productivity and Nobel winners but omits its recent tech layoffs, shrinking jobs base and growing gaps between rich and poor.

A "wall of debt," a raid on reserves and AI stock gains mean California's budget temporarily balances this year and next, but structural deficits remain.

If someone can’t find work, the dominant assumption is they failed to evolve, to learn or to stay current. Now that's likely not true.

The top nine remaining candidates for CA governor should address the recent think tank articles on schools, jobs and housing issues.

California progressives want to hike taxes on corporations and billionaires to absorb federal funding cuts to Medi-Cal. But backfilling the loss would not address the state’s existing — and growing — structural budget deficit, budget experts say.

Los Angeles has an acute shortage of qualified construction workers as the region tries to rebuild from the Eaton and Palisades Fires. One community college is trying to help.

A new governor would find their hands tied if the state doesn’t shrink its budget deficits and smooth out its tax revenue rollercoaster ride.

Lawmakers discussed bills that allow lawsuits against business monopolies and businesses that affect climate change.

Thousands of immigrant truck drivers in California lost their licenses earlier this year as a result of a Trump administration order, and many more drivers will face the same fate soon. Lawsuits are seeking to restore the licenses, but they may take months or years to resolve.

Non-U.S. citizens lose access to SBA funding for small businesses, which provide the bulk of new jobs in California.