Economy

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...

In an effort to minimize impacts on wildlife and tribal resources, as well as to satisfy critics of the proposed Sargent Mine in southern Santa Clara County, the project’s applicant recently offered to scale back their original plans for the property. However, some of those...

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...

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...

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...

High-speed internet is coming to South County, as local providers have been installing fiber internet lines and infrastructure underground and on utility poles in recent months. This work will continue well into next year in an effort to expand the availability of fast, reliable...

The rain-weary Central Coast and Bay Area are being asked, again, to prepare for another round of soaking storms this week, as another atmospheric river system is expected to drench the region.  According to the National Weather Service, the atmospheric river is forecast to make...

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...

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...

Take a step back in time and enjoy medieval pageantry, entertainment and fare at the Northern California Renaissance Faire. The revelry starts Sept. 17-18, and continues on weekends through Oct. 22-23 at Casa de Fruta in Hollister. The festival features merchandise from fine artisans and...