The government submitted to parliament on Monday its fiscal 2024 draft supplementary budget, with ¥13.94 trillion ($92.97 billion) in general-account spending. The budget will finance a comprehensive economic package, the …
OAKLAND – The difficult cuts long promised by city officials to combat a historic local financial crisis are at the doorstep — and layoffs are now officially on the table. …
Diane Moss lost her home in the Santa Monica Mountains after power lines ignited the apocalyptic Woolsey Fire in 2018. Since then, she’s pressed for a safer electric grid in …
By Aashna Shah | Bloomberg Oakland had its credit rating cut two levels by Fitch Ratings, which cited the challenge of plugging budget gaps amid a change in political leadership. …
Mass deportations promised by President-elect Donald Trump could have a seismic economic effect in California — potentially inflicting billions of dollars in direct damages to a wide range of industries, …
By Maxwell Adler and Eliyahu Kamisher | Bloomberg The rally in technology stocks has created so much wealth in California that it has helped the state fill its coffers. California’s …
OAKLAND — Whatever happens in the highly contentious Nov. 5 election won’t change a lingering truth that looms over the city: Oakland is spending more money than it is making. …
By KEVIN FREKING WASHINGTON (AP) — Congressional leaders announced an agreement Sunday on a short-term spending bill that will fund federal agencies for about three months, averting a possible partial …
Gov. Gavin Newsom on Friday, Sept. 6, vetoed a controversial housing bill that would have ensured Californians are not excluded from assistance programs due to their immigration status. AB 1840 …
The Foreign Ministry on Friday announced a budget request that included ¥66.2 billion ($457 million) to strengthen efforts to respond to information warfare, such as fighting against false information. The …