Economy

Gov. Gavin Newsom and state Sen. Nancy Skinner announced a proposal Dec. 5 to penalize oil companies in an effort to deter gas price gouging. The proposal would make it illegal for oil companies to charge excessive refining margins—the price difference between the cost of...

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...

Construction of a new traffic roundabout at the intersection of State Routes 25 and 156 near Hollister continues this week with work taking place behind protective concrete barriers, according to the California Department of Transportation. Recently installed K-rail at all four approaches to the construction...

Small businesses in Santa Clara County can apply for grants of up to $2,500 if they have been negatively affected by the Covid-19 pandemic after the county reopened its microbusiness grant program. While the county has awarded more than 500 grants through the program's first...

Santa Clara County supervisors voted unanimously today to ask voters to approve new sales taxes that will place half the county in the double digit bracket. The higher taxes are needed to close a projected billion-dollar budget shortfall they say is the result of...

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...

Every year,  lawmakers in Sacramento introduce a flurry of bills, most of which are eviscerated during the legislative process and end up on the Assembly or Senate trash heap. A select few make it to the governor’s desk, and assuming they dodge the veto...

California workers will be guaranteed five paid sick days a year starting Jan. 1, up from the three days that employers are currently required to provide, thanks to Senate Bill 616.  The bill, authored by Long Beach Democratic Sen. Lena Gonzalez, also extends protections against...

To call Keith Larson a superfan of “A Christmas Story” might be an understatement. The San Jose native still remembers that clear winter day as a 9-year-old in 1983, when the power tripped off in his neighborhood without a known reason. On a whim, the family...

Food insecurity in California ticked upward over the past year, bringing the share of hardship back up to levels early in the Covid-19 pandemic, according to data released by the California Association of Food Banks on Dec. 12. “Families are buying less food,” said May...