Non-U.S. citizens lost access beginning in March to Small Business Administration funding for small businesses, which provide the bulk of new jobs in California.
Levi Sumagaysay / CalMatters
Posted inPolitics & Policy
Feds ramp up scrutiny in yearslong dispute over California airport money
The Federal Aviation Administration wants California to prove it’s allocating jet fuel tax revenue to aviation. Hundreds of millions of dollars are at stake.
Posted inLatest News
Some State Farm customers could see refunds while homeowner rate hikes stay put
State Farm has reached a settlement over emergency insurance rate hikes after last year’s Los Angeles County fires.
Posted inPolitics & Policy
California’s next insurance commissioner will have ‘brutal’ balancing act
Ricardo Lara’s successor will have a full plate. California insurance premiums are rising; fire survivors are struggling; the FAIR Plan is still growing.
Posted inPolitics & Policy
U.S. Supreme Court strikes down Trump’s tariffs. Here’s how they’ve affected California
The U.S. Supreme Court ruled Friday that President Donald Trump does not have the authority to impose broad tariffs under the emergency act he has cited. Tariffs have affected California ports, farms, businesses, workers and consumers.
Posted inPolitics & Policy
Fires burn swiftly, but insurance battles linger: New bills propose consumer-friendly regulations
As fire survivors continue to navigate life after disaster, California lawmakers roll out new bills attempting to further regulate insurance companies like State Farm.
Posted inPolitics & Policy
California tax revenue getting a boost from AI boom — but for how long?
As talk of a possible artificial intelligence bubble grows, so does uncertainty around an important source of California tax money.
Posted inBusiness & Technology
Why ‘no tax on tips’ may have limited benefits for California workers
Experts doubt the effectiveness of “no tax on tips,” especially for California workers who are facing cuts in other benefits.
Posted inPolitics & Policy
Ricardo Lara proposes insurance rule that critics call ‘revenge’
California’s insurance commissioner has sparred with Consumer Watchdog, which says a proposed rule Ricardo Lara says will make the rate-review process more efficient is retaliatory.
Posted inPolitics & Policy
America’s economy runs on data. What Trump’s firing of a top data chief means for California
Economists and others worry about politicizing jobs and inflation data after President Donald Trump’s firing of the head of the Bureau of Labor Statistics and his nomination of a partisan replacement.