California economy

Southern California Wildfires Could Hit $3 Billion in Damages

News Summary The ongoing wildfires in Southern California are causing unprecedented destruction, with damages projected between $2 billion and $3…

2 weeks ago

Gold Flora Corp. Enters Receivership Amid Financial Crisis

News Summary Gold Flora Corp., a leading cannabis company in Southern California, has entered receivership due to mounting financial issues…

2 weeks ago

California’s Economy Faces Turbulence from Mass Deportations

News Summary The Trump administration's new deportation plans threaten California's economy, heavily reliant on undocumented workers. Predictions suggest significant labor…

2 weeks ago

California’s Home Insurance Crisis Deepens After Pacific Palisades Fire

News Summary The recent devastating fire in Pacific Palisades has triggered a severe insurance crisis for homeowners. Individuals like Francis…

2 weeks ago

Gold Flora Cannabis Company Faces Financial Challenges

News Summary Gold Flora, a prominent cannabis company in Southern California, is seeking receivership amid significant financial issues, including mounting…

2 weeks ago

California’s High Gas Prices: A Self-Inflicted Crisis?

News Summary California's residents face soaring gas prices, with averages nearing $4.81 per gallon—significantly higher than the national average. A…

2 weeks ago

California High-Speed Rail Project Faces Funding Crisis

News Summary The California High-Speed Rail project encounters a significant funding shortfall of $7 billion for the Merced to Bakersfield…

2 weeks ago

California’s Corporate Exodus: Myths and Realities

News Summary Chevron's relocation to Texas has ignited debates about a corporate exodus from California. However, the full picture reveals…

3 weeks ago

Tariff Trouble: California Businesses Gear Up for Price Hikes

News Summary California is facing upcoming price increases due to tariffs stemming from a trade war initiated by former President…

3 weeks ago

Sales Tax Increase Approved in Los Angeles County

News Summary Beginning April 1, residents in Los Angeles County will experience a sales tax increase from 9.5% to 9.75%.…

3 weeks ago