Economy

Overview Los Angeles and the Bay Area dominate California’s legislative landscape, as do labor unions, social justice organizations, and defense attorneys. In contrast, anti-tax groups, police, and business organizations face more challenges. Key Findings A data analysis by the CalMatters Digital Democracy project highlights which groups have been most

California businesses and labor advocates have reached a significant agreement to amend the state's Private Attorneys General Act (PAGA), a law allowing workers to sue employers over labor violations. This deal, brokered with mediation from Governor Gavin Newsom's office, aims to balance worker protections with business

Keeping a Close Eye With the arrival of spring comes not only warmer weather and blooming flowers but also the beginning of election season in the United States. As Americans prepare to head to the polls in seven months to choose their next leader, investors are keeping a close eye

Pension limit law continues to provoke legal disputes Three years after a California Supreme Court decision intended to settle the matter, former Gov. Jerry Brown's pension limit law continues to provoke legal disputes and decisions that could impact thousands of dollars annually for government retirees. In a recent

California's fast-food landscape is undergoing seismic changes As a new state law promises a substantial boost in hourly wages for fast-food workers. Marcus Walberg, owner of four Fatburger franchises in Los Angeles, shares insights into the challenges and strategic shifts his restaurants are making to weather this unprecedented

Budgetary Strain Unveiled: The $37.9-Billion Challenge In the face of a considerable $37.9-billion budget deficit, California finds itself grappling with the aftermath of weaker-than-expected state revenues, overspending based on inaccurate budget projections, and delayed tax deadlines. Governor Newsom’s new deficit estimate, more than double the previous shortfall

Introduction More than a month after an arson fire damaged a vital Los Angeles freeway, the state of California has taken precautionary measures by hiring security guards to oversee leased properties under the 10 Freeway. The sites, leased to a bankrupt businessman, Ahmad Anthony Nowaid, were compromised in the November

Introduction As California's economic landscape continues to evolve, the latest forecast from the UCLA Anderson School provides a nuanced perspective on the state's trajectory. Despite expectations for slightly faster growth compared to the national average, uncertainties stemming from global geopolitical risks, political dynamics, and persistently high

Tenant Protections and Rent Stabilization Ordinance Nine months ago, Los Angeles City Council passed its most extensive tenant protections in decades. This move came as the city's COVID-19 anti-eviction rules were set to expire, potentially leading to a wave of evictions. Now, the city, grappling with a severe