California economy

Brown-Forman and Reyes Beverage Group Announce Partnership

News Summary Brown-Forman Corporation and Reyes Beverage Group are teaming up in a new distribution partnership set to launch on…

1 month ago

Los Angeles Faces Insurance Challenges Amid Wildfire Aftermath

News Summary Los Angeles grapples with insurance hurdles as State Farm seeks a 22% rate increase following devastating wildfires. Insurance…

1 month ago

California Insurance Commissioner Evaluates State Farm’s Rate Hike

News Summary Amid increasing wildfire incidents in California, Insurance Commissioner Ricardo Lara is scrutinizing State Farm's request for a 22%…

1 month ago

Southern California Businesses Feeling the Pinch from New Tariffs

News Summary President Trump's recent tariff implementations are hitting Southern California businesses hard, particularly those in Latino communities. A 10%…

1 month ago

Customs Broker Pleads Guilty to $5 Million Fraud and Tax Evasion

News Summary Frank Seung Noah, a customs broker from California, has pleaded guilty to serious charges including wire fraud and…

1 month ago

Gas Prices in California Take a Sharp Turn Upward

News Summary Gas prices across California have surged, reaching $4.82 per gallon as of February 17, 2025, significantly higher than…

2 months ago

California’s Economic Landscape: Oil Taxes and Job Growth Debate

News Summary California is witnessing a heated debate over the proposed oil severance tax, which many fear could hinder job…

2 months ago

Los Angeles Wildfires: Insurance Crisis Deepens

News Summary Los Angeles is grappling with severe wildfires, leaving homes in ashes and families heartbroken. The insurance market, already…

2 months ago

California Business Landscape Faces Major Changes

News Summary California's economy is currently facing significant turbulence, with home sales declining by 10%, rising bankruptcy filings, and corporate…

2 months ago