Economy

Caltrain will use $43 million in federal funds to complete its fleet electrification project by fall 2024, officials announced Dec. 23. Officials expect President Joe Biden to sign off on the recently passed $1.7 trillion omnibus spending bill, which will fund military and government agencies...

The leaders of the state Legislature have a message for voters: We know you’re frustrated with how expensive California is—and we’re going to fix it. After a painful election that sparked recriminations and soul searching among Democrats across the country, state Senate President Pro Tem...

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...

The Amah Mutsun Tribal Band last week announced that it has filed a lawsuit against San Benito County to halt development of a new commercial project on Betabel Road, which sits on property that “holds significant historical, cultural and religious value” to the tribe.  The...

Hundreds of people rallied against a proposed mining project south of Gilroy in front of Santa Clara County government buildings on Sept. 10, at an event co-sponsored by 70 area organizations that advocate for human rights and environmental protection. During the rally, about 75 members...

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...

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...

Projected costs of the massive Anderson Dam reconstruction project in Morgan Hill have risen to approximately $2.3 billion, according to a report prepared by engineers for the Santa Clara Valley Water District. Two years ago, the cost of the dam project—required for earthquake protection and...

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...

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...