Economy

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...

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...

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...

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...

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...

Since Valley Water evicted dozens of unhoused residents of Gilroy from the water district’s properties along local creeks in November, many have relocated to a growing encampment on Sixth Street near Camino Arroyo Drive.  On Feb. 9, the Gilroy City Council voted 4-2 to give...

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...

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...

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...

Santa Clara County secured an $11.1 million grant to address homelessness in San Jose and throughout the county, federal housing officials announced April17. The county is one of 62 communities receiving their share of $486 million in funds from the U.S. Department of Housing and...