Economy

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...

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...

Despite drenching rain and strong winds, people weren’t deterred when it came to dropping off unwanted guns Saturday during a gun buyback program staged by Santa Clara County law agencies and the District Attorney’s Office. Spread out in several tents with a motor vehicle drive-thru...

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...

Santa Clara County officials and partnering nonprofits convened an emergency townhall meeting in South County Friday to warn residents about potential impacts from recently passed federal legislation that could slash healthcare funding and force difficult choices for local services. The meeting at the Valley Health...

The historic heat wave that has gripped most of California this week has resulted in broken temperature records, prompted cities and counties to open public “cooling centers” for the vulnerable, limited outdoor school activities—and might have even damaged a stretch of highly traveled asphalt...

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...

With a cold winter storm bearing down on Morgan Hill, U.S. Environmental Protection Agency administrators joined local and regional representatives Feb. 23 at the top of Anderson Dam to announce the availability of $727 million in low-cost loans that will fund the rebuilding of...

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...

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...