Browsing: Economy

What you need to know: Governor Newsom visited Long Beach, home to “Space Beach,” as California’s space economy continues to accelerate. The Golden State ranks first in NASA science funding, company-funded aerospace R&D, and space-technology venture capital; is home to one-third of the nation’s space technology companies; and its West Coast launch range just posted…

Brea City Council members approved the allocation of $60 million in bonds to finance an 85-unit affordable senior apartment complex on the corner of Mercury Lane and Berry Street – a debt the housing developer is on the hook for.

Hundreds of county teamsters will be walking off the job next week unless they get a new offer for raises after months of largely stalled negotiations and a state board ruling the county negotiated in bad faith, carrying big impacts for the county’s landfills and other facilities. 

28 independent films join major studio projects, including Ice Cube’s Last Friday

What you need to know:  New federal data shows California has surpassed $4.5 trillion in economic production, dominates across sectors, and is a leader in increasing wages and salaries.

Action allows winter-blend gasoline to enter the California market a few weeks early as Trump’s war in Iran continues driving fuel costs higher nationwide

What you need to know:Building on Governor Newsom’s work to level the playing field for workers, and consumers, the Governor today signed new legislation to prevent public officials from issuing meme coins, protect consumers, hold bad actors accountable, and recover money for victims. All while the Trump administration displays an unprecedented amount of corruption and…

Higher interest rates tend to make many people antsy. Who wants to pay more on their loans?

IRVINE — Glenn Stearns didn’t have to come back. He had already made his fortune with his first mortgage company, survived two bouts of cancer, spent a year sailing around the world on his yacht and starred in the TV show “Undercover Billionaire.” He even married a glamorous TV celebrity and was living the high…

Actual wars. Trade wars. Pricey gasoline. Reignited inflation. And rising interest rates, notably mortgage rates.