Economy

California would have 45% more for its budget if certain tax breaks, called tax expenditures, were eliminated, a fiscal consultant for the Legislature said.

The state's elected insurance commissioner formally unveiled a large chunk of his plan to stem the exodus of insurers from California. Adoption of the plans may result in premium hikes, but maintaining a viable market is vital to the state's economy.

Gov. Gavin Newsom’s “Master Plan for Career Education” seeks to help the more than 7 million adults in California who lack college degrees by giving them college credit for their work experience and by changing the requirements on some state jobs.

The state is allowing more on-street alcohol sales and food in cannabis lounges. Supporters say the laws will boost downtown economies.

When disaster strikes, California gets federal funding to hire temporary workers to clean debris. But the jobs are tough, and some agencies struggle to manage the grants.

Almost every sector faces a "skills gap." California has made strides to build up its apprenticeship programs and should double-down to help sustain an innovative economy.

A new survey by the Public Policy Institute of California helps quantify the economic unrest in Vice President Kamala Harris's home state and the frustration voters expressed at the ballot box.

The rising home costs have spawned other problems, such as widening income gaps, growing financial burdens and an outflow of people from California.

Democratic legislators this week acknowledged the need to bring down costs of living, days after Donald Trump's win the presidency largely on economic issues.

Some sectors, like agriculture, will be hit directly. Many more could feel the ripple effects.