Economy

Hundreds of people in Morgan Hill and Gilroy hit the streets April 5 to deliver the message that they are not happy with President Donald Trump and Elon Musk as part of the nationwide “Hands Off!” protests.  On just the 76th day of Trump’s presidency,...

In a step toward building the first massive wind farms off California’s coast, three Assemblymembers on Feb. 12 proposed a $1 billion bond act to help pay for the expansion of ports. The bill, if approved, would place a bond before voters aimed at helping...

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...

With election day approaching, voters have several state propositions from which to choose. Below is a brief description of each of them. For a deeper dive, visit voterguide.sos.ca.gov/propositions. Proposition 2 Public School and Community College Facilities Under Prop. 2, the state would sell a $10 billion bond...

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...

With seemingly constant rain storms pummeling the South Bay so far this winter, a federal drought monitoring program recently downgraded most of Santa Clara County from “Severe” to “Moderate” drought. But local water supply authorities warn that residents and property owners should continue to...

Valley Water crews have dug about 160 feet into a giant tunnel that will be able to divert massive volumes of water out of Anderson Reservoir when the Anderson Dam Seismic Retrofit Project is completed.  The 20-foot diameter tunnel—which will be 1,750 feet long when...

A $30 million incentive project is underway to help businesses, nonprofits, public agencies and tribes fund the installation of electric vehicle chargers in disadvantaged and low-income communities across the state.  Santa Clara is on the list of 30 counties where such parties are eligible for...

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...

California is in a budget hole, its depth measured not in feet, but in dollars. How deep? A projected $38 billion deficit, according to Gov. Gavin Newsom, who said Jan. 10 he will declare a fiscal emergency when necessary and unveiled his initial plan to...