Topic
California Economy
12 stories related to this topic, newest first.
interestingengineering.comworld5 days ago
California startup to open first U.S. sodium-ion battery factory in Sacramento
Peak Energy will build a Sacramento plant to produce sodium-ion battery systems at commercial scale beginning in early 2027. The facility is expected to create 239 jobs and will initially import cells from China.
forbes.comai7 days ago
California Tracker Finds Bay Area AI-Related Layoffs Up, No Statewide Surge
A new state unemployment tracker shows no overall increase in AI-related job losses across California. Claims rose among college-educated workers and in the Bay Area after the 2022 launch of ChatGPT-3.5.
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New York Postpolitics17 days ago
Seven California Cities Rank Among 20 Most Expensive for U.S. Families, Along With Boston, New York, and Washington D.C.
New data shows seven of the 20 highest-income requirements for a comfortable family life fall in California. San Francisco leads with an annual income of $408,000 needed. The figures come from SmartAsset analysis using MIT cost models.
news.sky.combusiness30 days ago
Seven California cities rank among top 10 for credit card debt
An analysis of 182 large U.S. cities found seven California communities in the top 10 for average and total credit card balances. National credit card debt reached $1.35 trillion in the first quarter of 2026.
opindia.comfinance30 days ago
SpaceX Completes Record IPO as Musk Reaches Trillionaire Status
SpaceX executed the largest initial public offering in stock market history on Friday, making Elon Musk the world's first trillionaire. The milestone has renewed attention to a 2020 tweet by a California labor leader that Musk said prompted his decision to move Tesla and related…
New York Postbusiness35 days ago
California Delisting Rate Rises to 6.3% in May While Relistings Remain Near Multi-Year Lows
State delisting rate reached a record 6.3 percent in May, up from 3.6 percent in May 2022, according to Realtor.com data. The national rate stood at 4.8 percent.
The Independentfinance36 days ago
Workers protest proposed $110 billion Paramount-Warner Bros. Discovery merger
About 100 people gathered in Los Angeles on Saturday to oppose the deal. Organizers said the merger would reduce jobs and competition in the entertainment industry.
New York Postfinance47 days ago
California vineyard values fall as wine industry faces oversupply
Vineyard land prices have declined in several California counties. Industry participants at a May 21 conference described fewer buyers and lower grape demand. Two speakers said the broader market contraction may continue into 2028.
thehindubusinessline.comworld53 days ago
California Wealth Creation Continues as White-Collar Job Numbers Decline
California continues to generate wealth while white-collar employment figures show a decrease. The trend reflects broader shifts in the state's labor market.
world63 days ago
Last Middle Eastern Oil Tanker Delivers Final Shipment to California
A supertanker docked in Long Beach and delivered California’s last incoming shipment of Middle Eastern oil. California drivers are paying the nation’s highest fuel prices as the milestone arrives. The delivery marks the end of a long-standing supply chain for the state.
The Guardianworld68 days ago
U.S. Average Gas Price Rises to $4.56 per Gallon
The national average price of regular gasoline climbed sharply over the past week to $4.56 per gallon, the highest level in four years, driven by the ongoing closure of the Strait of Hormuz. In California, prices exceeded $6 per gallon with one county reaching $7.28.
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abcnews.go.comfinance71 days agoUpdated
Oil Tanker Arrives in California
The final oil tanker to navigate the Strait of Hormuz since the start of the U.S.-Iran conflict has docked at the Port of Long Beach, delivering two million barrels. California faces potential fuel shortages as Middle East imports halt, prompting lawmakers to demand an emergency…
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