Merced and Clovis cracked the list of 10 fastest-growing cities in California, according to May data from the state Department of Finance. Merced grew at a 2.37% clip in 2019 and now has 88,120 residents. The city ranks sixth in the state in growth percentage. Clovis is the state's 10th...
With Births Down, U.S. Had Slowest Growth Rate in a Century
ORLANDO, Fla. — The past year’s population growth rate in the United States was the slowest in a century due to declining births, increasing deaths and the slowdown of international migration, according to figures released Monday by the U.S. Census Bureau. The U.S. grew from 2018 to 2019 by almost...
US Gains a Robust 266,000 Jobs; Unemployment Falls to 3.5%
WASHINGTON — Friday’s November jobs report will provide insight into whether steady hiring remains a source of strength for the U.S. economy even as the Trump administration’s trade conflicts have heightened uncertainties for employers. Economists have forecast that the government will report that employers remained confident enough to add a...
Revisiting Fresno's Sputtering Growth Plan Is a Must
Only a newspaper editorial board and others who don't operate in the real world would advocate sticking with a growth plan that isn't working. Listen to this article: Thus Fresno City Councilmembers Luis Chavez, Miguel Arias, and Mike Karbassi are to be commended for sticking their necks out and...
Chico Didn't Burn but Fire Brought New Way of Life
CHICO — Amber Blood got to Chico on Nov. 8, 2018, wearing pink slacks and her favorite white peacoat. It was all she had left. Blood was among tens of thousands forced to flee as a wildfire roared through Paradise and nearby communities in Northern California, killing 85 people and...
Powell Sees Cooler US Hiring in Possible Hint of Rate Cuts
WASHINGTON — Federal Reserve Chairman Jerome Powell said Tuesday that U.S. job growth since early last year was not as robust as thought, a hint that the Fed may be ready to keep cutting interest rates to support the economy. Powell also said the Fed will soon announce plans to buy Treasurys,...
Lyft Posts Losses Despite Revenue Growth, Improves Outlook
NEW YORK — Lyft continued to bleed money in its second quarter but says it expects to stem some of those losses, raising its outlook for 2019. The ride-hailing company on Wednesday posted revenue of $867.3 million, up 72% from the same time last year. But the San Francisco-based company...
Clovis Secures Its Future Growth With FID Water Deals
The Clovis City Council has approved landmark water deals with the Fresno Irrigation District that officials say will secure the city's growth for decades to come. According to the Clovis General Plan, the city expects 280,000 residents in 2083 — 2.5 times its 110,000 population. Plans call for Clovis to...
Economy Grew at Solid 3.1% Rate in Q1; Slowdown Expected
WASHINGTON — The U.S. economy grew at a solid 3.1% rate in the first three months of the year, but much of that gain was based on temporary factors that will likely fade, leaving growth much slower in the current quarter. The Commerce Department said Thursday that the first quarter...
Twitter Profit Rises as Trump Demands 'Fairer' Social Media
SAN FRANCISCO — Twitter Inc. on Tuesday trumpeted strong quarterly growth in earnings and users while President Donald Trump tweeted criticism of the social media site for allegedly discriminating against him politically. The company said net income for the first three months of the year rose on strong ad demand....