Photo of the U.S. Capitol dome

US Budget Deficit Surges to $134.5 Billion in October

WASHINGTON — The federal government, which ended the 2019 budget year with its largest deficit in seven years, began the new budget year with a deficit in October that was 33.8% bigger than a year ago as spending hit a record. The Treasury Department said W...
Photo publicizing the 2019 California Economic Summit

California Economic Summit in Fresno Is Biggest Ever

For the eighth year — and the first time in Fresno — California Forward is holding an economic summit focused on how to improve the Golden State across many different sectors. And, according to California Forward's co-chairman Pete Weber, the two-day event ...
Photo of power line in Big Bend, Ca.

California Regulator Sanctions Utility Over Power Outages

SAN FRANCISCO — California's top utility regulator blasted Pacific Gas and Electric on Monday for what she called "failures in execution" during the largest planned power outage in state history to avoid wildfires that she said, "created an unacceptable situat...
Photo of job seekers lining up at a job fair

US Adds 136K Jobs, Unemployment Dips to 5-Decade Low

WASHINGTON — The U.S. economy added a modest 136,000 jobs in September, a gain that managed to help lower the unemployment rate to a new five-decade low of 3.5% but also suggested rising caution among employers. "The September jobs report sent some conflict...