Economy

With home ownership increasingly surpassing the reach of many Californians and residential real estate prices going up across the board, more people in South County are renting their homes in recent years.  As of earlier this year, the average two-bedroom home rental in Morgan Hill...

Congresswoman Zoe Lofgren on Monday presented five checks totaling 2.45 million for community projects for public safety and infrastructure projects in Morgan Hill and Gilroy. The Community Project Funding was requested by Lofgren and was included in Fiscal Year 2024 government funding legislation, signed into...

Cristina Cortez earns just $20.70 an hour running dialysis procedures for older patients suffering from kidney failure in the city of Gilroy. Because of her husband’s serious work injury in 2017 and their need to economize, her family of five moved an hour away...

Gov. Gavin Newsom signed a stack of bills Aug. 16 aimed at curtailing organized retail, property and auto theft in California. Newsom appeared at a Home Depot in San Jose with state, business and law enforcement officials, signing 10 bills that he said go “to...

Local Residents Graduate from Pacific University Gilroy residents Christopher Colyer and Tayler Martinez graduated in spring commencement ceremonies from the Pacific University in Oregon. Colyer graduated with a bachelor of science from the College of Arts & Sciences. Martinez graduated with a doctor of medical science...

Driven by increasing residential values and despite a “troubled” commercial real estate market, Santa Clara County’s overall property assessment roll grew by $35.6 billion, or 5.4% in the last year, according to Assessor Larry Stone’s office. The growth includes an increase of around 5% in...

Gov. Gavin Newsom signed the 2024-25 budget into law on June 29, solidifying $16 billion in cuts and other moves that closed a $46.8 billion deficit.  The budget is $297.5 billion, with $211.5 billion committed from the general fund. It maintains $22.5 billion in reserve...

Gov. Gavin Newsom and legislative leaders reached a nearly $300 million budget agreement on June 21 that closes a $46.8 billion deficit that was projected for the coming fiscal year with across-the-board cuts of nearly 8% to every department.  The $297.5 billion budget is proposed...

The Affordable Connectivity Program, a federal program that provides internet access to low-income families, has ended after Congress failed to reach an agreement to keep funding it. Over 23 million households—including thousands in Santa Clara and San Benito counties—will no longer receive federal subsidies...

After Gov. Gavin Newsom rolled out a deficit-bridging budget plan in January, advocates pushing for more affordable housing and shelters hoped he might reconsider his intent to make deep cuts—or scrounge up some more money. On May 10, Newsom released a revised proposal showing that...