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  2. 3 days ago · 3 of 4 |. California Gov. Gavin Newsom unveils his revised 2024-25 state budget during a news conference in Sacramento, Calif., Friday, May 10, 2024. Newsom said the state’s budget deficit has grown by $7 billion. In January, Newsom said the deficit was nearly $38 billion. However, in March Newsom and lawmakers agreed on some actions to ...

  3. 3 days ago · A new poll done by the Los Angeles Business Council in partnership with the Los Angeles Times illustrates the impact. As Times reporter Liam Dillon wrote in reporting the poll’s findings, 60% of ...

  4. 1 day ago · The national rate was 3.8%. The budget forecasts the California rate should stay at 5.3% through the first half of next year “as tight financial conditions continue to soften the labor market ...

  5. 1 day ago · Our team closely follows what’s happening in California, from homelessness and drought to wildfires and public education. Sign up for our newsletters to get the critical context you need to understand the problems we face and the possible solutions that could lead to a better California for all. Subscribe to CalMatters’ newsletters

  6. 3 days ago · SACRAMENTO, Calif. —. California has a budget deficit of $27.6 billion, Gov. Gavin Newsom announced Friday — a gap so wide that he's proposing eliminating 10,000 vacant state jobs and cutting ...

  7. 4 days ago · The LAO in December said California could face an estimated $68 billion deficit. ... TabaPay confirmed to TechCrunch today. Synapse says the problem is banking partner Evolve Bank & Trust ...

  8. 3 days ago · Authorities say a speeding car barreled through a red light, struck a curb and flew into a power pole and an unoccupied building, killing three people, seriously injuring three others and knocking out electricity to hundreds of residents in Pasadena, California. Updated 2:18 PM PDT, May 12, 2024.

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