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California Economy

OUCH! Romney Insults California

The Huffington Post | Kathleen Miles | Posted 08.13.2012 | Los Angeles

Somehow Republican presidential candidate Mitt Romney has developed a knack for hurling insults at the wrong people at the wrong time. This time, he's...

California Dreaming

Michael Brenner | Posted 09.22.2012 | Los Angeles
Michael Brenner

California has been Americans' land of dreams for more than 150 years. Today, the gap between image and reality is widening to the point where only fantasy can bridge it. The sunshine, sea and Silicon Valley are still there, but prosperity and hope are in short supply.

California City To Become Largest U.S. City To Declare Bankruptcy

AP | GOSIA WOZNIACKA | Posted 08.27.2012 | San Francisco

STOCKTON, Calif. — Officials in Stockton said Tuesday that mediation with creditors has failed, meaning the Central California city is set to be...

New Report Shows Investing in Clean Energy and Energy Efficiency Is a Safe Bet for California

Jackie Roberts | Posted 08.04.2012 | Green
Jackie Roberts

Last week's report provides the best evidence to date that California businesses offer widespread expertise in actions that reduce climate change pollution and can provide the assistance needed to transition to a clean and efficient economy.

California's Long-Term Unemployed Brace For Sudden End Of Benefits

AP | TRACIE CONE | Posted 05.06.2012 | Business

MERCED, Calif. -- With her anti-poverty budget stretched beyond its limits, Brenda Callahan-Johnson is braced for next Saturday: the day California's ...

Why Are Gov. Brown and Sacramento Democrats Trying So Hard to Raise Taxes on the 99%?

Mike Lux | Posted 04.25.2012 | Politics
Mike Lux

Brown is trying to impose an unwritten rule in California of late: No one criticizes or even pressures the governor. To hell with that. Progressives have a duty to take on the Democratic establishment when they are doing the wrong thing on policy.

'California On The Mend': Jerry Brown Delivers State Of The State Address

Carly Schwartz | Posted 03.19.2012 | San Francisco

California Governor Jerry Brown expressed hope during his 2012 State of the State speech in Sacramento Wednesday. "Putting it as simply as I can, C...

Movin' On Down: California No Longer World's Eighth Largest Economy

AP | Posted 03.13.2012 | San Francisco

SACRAMENTO, Calif. -- The recession has taken a measurable toll on California, which has slipped behind Brazil to become the ninth-largest economy in ...

The Failed American Dream

Kim Carter | Posted 02.18.2012 | Los Angeles
Kim Carter

At one point in its history, San Bernardino was named an "All-America" city. Business was booming. Today it is the rated the second in the nation for poverty, right after Detroit. Whatever happened?

Public Safety, Innocence and Cost: Replacing the Death Penalty is California's Only Viable Option

Byron Williams | Posted 02.12.2012 | Politics
Byron Williams

If any good has come out of California's current economic challenges, it has been that pragmatism may have overtaken emotionalism in our public discourse.

Stanford grads' agenda: 1) fix economy, 2) find job

Dakin Sloss | Posted 10.24.2011 | College
Dakin Sloss

Knowledge is power. In the modern era, power has always been monopolized by special interests. So what do they know that we don't? To give power back to Californians, we sought to open government records and, with more data, show how it could work better.

Hardest-Hit Groups Among CA's Unemployed

2011-03-16-Screenshot20110316at9.39.25AM.jpeg | Joanna Lin | Posted 10.22.2011 | Los Angeles

This story comes courtesy of California Watch. California's unemployment rate remains the second-highest in the nation - 12 percent in July - but ...

Matt Sledge

California's Budget Cuts: Where They Hurt The Most | Matt Sledge | Posted 10.01.2011 | San Francisco

Higher tuition, fewer firefighters, shuttered state parks: the $14.6 billion in spending cuts in late June's "austerity budget" may be incomprehensibl...

$2 Billion in Foreclosure Help Is Here -- But Does Anyone Know?

Preeti Vissa | Posted 09.11.2011 | San Francisco
Preeti Vissa

I understand that Keep Your Home California is reluctant to spend money on ads that could be used to help struggling homeowners, but $2 billion in foreclosure relief will accomplish nothing if the folks who need it don't know it's there.

More Bad News For California's Economy

Posted 08.17.2011 | Los Angeles

California was hit with a dose of bad news on the jobs front this morning. The state's employers shed 29,200 jobs in May even as the state's unempl...

Job Killer: California's Social Networking Bill

Loren Kaye | Posted 08.02.2011 | Technology
Loren Kaye

What California companies will we be talking about in five years? Probably the ones that started here but felt overtaxed, overregulated and unappreciated, and took their act on the road.

Report: California's Economy 'More Diverse And Resilient' Than That Of Greece

AP | By JUDY LIN | Posted 07.03.2011 | Los Angeles

SACRAMENTO, Calif. -- California and Greece might share enviable weather and postcard-worthy beaches, but their fiscal problems aren't the same. That...

Report: California Added 200,000 Net Jobs Last Year

AP | CHRISTOPHER S. RUGABER | Posted 05.25.2011 | Los Angeles

WASHINGTON — U.S. companies have added jobs for 12 straight months, giving some of the hardest hit states a lift. But the gains have been uneven...

Inside California's $25 Billion Budget Crisis

Posted 05.25.2011 | Los Angeles

LOS ANGELES (By Nichola Groom) - Erich Kwek's new office is awash in sunlight and impeccably ordered, with enough space for a desk, small sitting are...

Elvis Costello's New Economy vs. Big Oil's Old One

Clint Wilder | Posted 05.25.2011 | Green
Clint Wilder

Prop. 23's principal backers, Texas-based oil companies Tesoro and Valero, claim that AB 32 is bad for business and job creation in California. Here's the question: bad for whose business?

The Economists Rate Meg Whitman

Araceli Ruano | Posted 05.25.2011 | Los Angeles
Araceli Ruano

Meg Whitman's economic plan for California will dig our state into an an even deeper hole, not help us get out. It's long on political rhetoric and short on sound economics.

California State Of Emergency Declared By Schwarzenegger Over $19 Billion Budget Gap

Reuters | Jim Christie | Posted 05.25.2011 | Politics

California Governor Arnold Schwarzenegger declared a state of emergency over the state's finances on Wednesday, raising pressure on lawmakers to negot...

On Prop 13 -- Time to Amend and Correct

David C. Bohnett | Posted 05.25.2011 | Los Angeles
David C. Bohnett

Proposition 13 has been an unmitigated disaster for California. A serious dialogue about amending this out-of-date roadblock to restoring the state's fiscal health is long overdue.

Californians in Crisis: Nothing Left to Sacrifice

Irasema Garza | Posted 05.25.2011 | Los Angeles
Irasema Garza

For years the poorest people in California, turned to the state's CalWORKs program to make ends meet. But in order to reduce the billion deficit, Schwarzenegger has proposed a range of cuts.

Passage of Health Care Reform a Good Thing for California!

Charles Feldman | Posted 05.25.2011 | Los Angeles
Charles Feldman

Make no mistake about it, Californians stand to gain a lot -- maybe more than many other part of the U.S. -- by passage of the health care reform measure.