Economy
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FedEx lays off 116 workers amid closures in Palm Springs and Victorville
The closures and layoffs come as FedEx is streamlining its services throughout the country.
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California collects your dormant savings as unclaimed property. These bills aim to help.
The bipartisan Safeguarding Americans’ Fairly Earned Retirement (SAFER) Act would ensure investment accounts remain with their owners rather than become unclaimed property.
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Teamsters sue California over driverless heavy-duty trucks
Teamsters California is suing the California Department of Motor Vehicles (DMV) and several other state agencies over the use of driverless trucks on highways. The union is trying to block updated state rules that allow permits for testing and operating heavy-duty autonomous vehicles. The 34-page lawsuit was filed Aug. 5 in Alameda County Superior Court,…
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Cost of living tops concerns for young Californians, poll finds
Survey finds concerns over cost of living cut across nearly every aspect of young Californians’ lives, from housing and employment to political participation.
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Billionaire tax moves to the November ballot, Newsom proposes national wealth tax instead
If passed, the proposal would impose a one-time 5% tax on any California resident with a net worth exceeding $1 billion.
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San Francisco wants to break up with big banks and start its own bank
San Francisco could become the first major city in the US to open its own public bank—and voters will get the final say in November.
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What $2,300 rent gets you in Southern California right now, from Santa Clarita to San Diego
Don’t let the high cost of living in Southern California scare you away. Learn how far $2,300 will get you in the area.
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For California Latinos, the grocery bill beats immigration as the top priority
According to a poll of voters in California published by UnidosUS, many Latino families are living under severe economic strain and growing disillusioned with broken promises from Washington to improve the economy
