Breaking News
California
Health officials advise people to get a flu shot as vaccination rates dip.
Business
California posted another anemic month of job growth in April, and the state’s unemployment rate remained the highest in the land, at 5.3%.
Jobless claims dropped by 9,000 to 211,000 last week, the Labor Department reported Thursday.
For the second month in a row, California posted the highest unemployment figure in the country. And it was one of only two states with a jobless rate above 5%.
Insurance Commissioner Ricardo Lara on Friday rejected State Farm General’s request for an emergency 22% home insurance rate hike due to the Los Angeles fires unless the insurer can provide more evidence it is warranted.
Letters to the Editor
“California made a pact with the devil when it took the cheap way out and let private utilities be formed,” says a reader.
Climate & Environment
As Southern California Edison fights claims that it caused the deadly Eaton fire, the company is lobbying state regulators to have its customers cover more than $7 billion for damages it paid to the victims of two massive wildfires in 2017 and 2018.
The Federal Reserve on Wednesday made another cut in interest rates, but dialed back expectations for lowering rates in the near future.
U.S. stocks slipped after the Federal Reserve held its main interest rate steady and broke a run of cuts that began in September
Hollywood Inc.
Advertisers paid as much as $8 million for a commercial on the Big Game that keeps getting bigger.