Recession

For local governments still sporting the budgetary scars of the last “once in a generation” recession, this downturn is at once familiar — forcing elected leaders to cut, furlough and delay — and entirely new. Never before in state history has so much economic activity ground to a halt so quickly.

California enters recession, with budget cuts to come. First legislative hearing after COVID-19 shutdown marred by glitches. Coronavirus curve shifts.

California begins to bend COVID-19 curve, but will it be enough to handle hospital surge? UC drops requirement for SAT, ACT scores. Big recession expected.

California authorities want to keep some vulnerable businesses from collapsing in what is likely to be the worst economic crisis since the Great Recession. 

California braces for a coronavirus-induced recession as economic prognosis grows grim. Residents flock to local parks to escape cabin fever.

The coronavirus is almost certain to cause the first pandemic-induced recession of the postwar era.

The pandemic collides with the state's homelessness and housing affordability woes.

Homelessness, education, climate action, health, consumer protection, school lunches: Gov. Gavin Newsom's agenda couldn't differ more from President Donald Trump's. Budgets are a statement of values, notes Newsom. Here’s what his choices say about California’s.

California isn’t as prepared as it may seem for the next recession. And when the next pullback hits, the state may have to fight off red ink without a historically crucial ally: Washington, D.C.

As Gavin Newsom delivers his first State of the State speech, how do his plans prepare California for that dream—not just next year, but 5, 20, 30 years from now?