California economy
5 stories related to this topic, newest first.
nypost.comCalifornia 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.comCalifornia 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.
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 GuardianU.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.
abcnews.go.comOil 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…