California Business News

News Summary California has officially surpassed Japan to become the world’s fourth-largest economy, achieving a nominal GDP of $4.1 trillion in 2024. Governor Gavin Newsom

News Summary California is seeing significant public support for its new climate disclosure laws, with 59% of public commenters backing the measures. These laws, aimed

News Summary California has become the state where renters need six-figure incomes for comfortable living, with areas like San Jose leading nationally. Recent analysis from

News Summary California has initiated regulatory actions that impose substantial requirements on businesses employing automated decision-making technologies (ADMT) in hiring and employment practices. The California

News Summary California is grappling with a projected $16 billion revenue drop for the upcoming fiscal year, primarily caused by President Trump’s recent tariff policies.

News Summary State Farm has received approval for a 17% emergency rate hike for homeowners in California, starting June 1. The decision, linked to financial

News Summary California homeowners are set to face a 17% increase in insurance rates following a court ruling that approved State Farm’s proposal amidst financial

News Summary California has updated its low-income housing eligibility criteria, allowing even those with six-figure salaries to qualify for affordable housing. Despite rising thresholds in

News Summary California is set to relaunch its E-bike Incentive Project on May 29, 2022, offering $2 million in vouchers for residents to purchase electric

News Summary California’s new initiative, ‘Building With Resilience,’ aims to encourage the use of non-combustible materials in rebuilding efforts after recent wildfires. The campaign focuses