With a world economy that is more interconnected than ever, economies shift rather quickly. How and in what ways are regional economies adjusting?
Economy
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
Economy
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
Economy
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
Economy
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
Economy
Introduction: As of January 1, 2024, California is poised for a groundbreaking transformation in its employment landscape, ushering in enhanced entitlements to paid sick leave (PSL). This comprehensive update, unveiled by The Arias Journal, delves into various facets of PSL, with a focused commitment to augmenting the overall well-being of
Economy
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
Economy
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
Economy
In a nondescript Manhattan warehouse, where the lighting didn't exactly flatter the surroundings, I found myself navigating stacks of goods in pursuit of a $27 jacket. The irony of nearly knocking over a tub of M&M's while clothes shopping in this atypical setting wasn&
Economy
The Cost Unveiled When California Governor Gavin Newsom signed SB 525 into law, establishing a groundbreaking minimum wage for healthcare workers, concerns about its fiscal impact were initially veiled in uncertainty. However, three weeks after the bill's enactment, the fiscal repercussions have come to light. The estimated price
Economy
Allegations Surface The owners of a beloved Catalina Island diner and pizza restaurant have found themselves facing serious legal repercussions. Los Angeles County prosecutors have charged Jack Arthur Tucey, 80, and Yueh Mei Tucey, 75, with several labor-related offenses, including withholding substantial wages from their employees and demanding them to
Economy
Introduction: San Bernardino, a city nestled in the heart of Southern California, has a rich political history that has shaped its growth, development, and governance over the years. From its early days as a bustling frontier town to its present status as a diverse urban center, San Bernardino's
Premium Insider
A Last-Minute Deal to Avert a Government Shutdown In a dramatic eleventh-hour maneuver, Kevin McCarthy, the Speaker of the House of Representatives, played a pivotal role in brokering a deal to prevent a government shutdown. The agreement, reached with the support of Democrats, averted what could have been a crippling