Volatile Oil Markets Cloud the Economic Outlook
Oil markets have experienced considerable volatility, significantly clouding the economic outlook. While long-term inflation expectations remain anchored, new…
Uncertainty remains one month until May revision of state budget
Next month, Gov. Gavin Newsom will release his highly anticipated revision of the state budget. California is facing…
Shoppers face high prices for last-minute Easter items
SQUARE BEFORE DELIVERING HIS EASTER MESSAGE HERE IN SACRAMENTO, SHOPPERS SPENT THE DAY HITTING THE STORES TO PURCHASE…
Consumer spending pushes US economy up, fastest in two years
By PAUL WISEMAN, Associated Press Economics Writer WASHINGTON (AP) — Powered by strong consumer spending, the U.S. economy grew…
Retail sales flat in October as uncertainty tempers consumer spending
Sales at U.S. retailers and restaurants were unchanged in October from September as consumers moderated their spending amid…
AI Stock Gains Boost California Revenue by $11 Billion
A surge in artificial intelligence stock prices has boosted California’s tax collections by about $11 billion, yet the…