Three of California’s largest school districts showed gains on a national assessment of urban districts that also singled out Los Angeles and Fresno Unified for special recognition from U.S. Secretary of Education Arne Duncan.
Cargo volume at the Port of Long Beach climbed 2.5 percent in November, compared to the same month last year, according to figures released Monday.
Last month DWR announced an initial water allocation of only five percent of requested deliveries from the state water project.
California could be a model for national economic growth after cutting public programs, raising taxes on the wealthy and continuing to invest in infrastructure, California Gov. Jerry Brown said Monday.
The overall economic outlook for the U.S. has improved sharply in recent weeks amid a string of surprisingly robust economic data: Businesses have stepped up hiring, new factory orders from abroad are at a two-year high and consumers have been flocking to car lots and restaurants.
Traffic at the Port of Los Angeles increased 17 percent in November compared to the same month last year, according to figures released Monday.
But, one wonders, if streamlining CEQA’s provisions for projects that meet some standard of political correctness – or political pull – is justified, why shouldn’t it apply to more traditional forms of development, especially those that create badly needed new jobs?
Confining CEQA “reform” to certain kinds of politically favored projects – such as a new basketball palace in Sacramento or a football stadium in Los Angeles – is just another form of crony capitalism.
San Francisco Bay Area hedge fund manager Tom Steyer on Monday launched a statewide campaign, aimed at prompting action by state lawmakers, to impose a new extraction tax on oil produced in California.
The median sales price for all homes in the six-county region inched up 0.3% from October to $385,000, research firm DataQuick said Monday. While prices are 19.9% higher than last year, they have been roughly flat for five straight months.
The California State Teachers’ Retirement System (CalSTRS) told Gov. Jerry Brown and legislators months ago that it needs another $4.5 billion a year from someone – the state, school districts or teachers – to avoid insolvency in future years. And the CalSTRS deficit is growing by millions of dollars each day.
Driven by the roaring economic engine of Silicon Valley, home prices in some Bay Area cities have neared or exceeded the record highs reached in last decade’s housing bubble. San Francisco, Palo Alto and other cities flush with cash from Google, Facebook and Apple blew past their prior peaks in recent months and set new records.
California Treasurer Bill Lockyer is warning that the state teacher retirement system is rapidly running out of money.
California’s population grew by roughly 332,000 people in the last fiscal year — its biggest increase in nearly a decade, according to new California Department of Finance estimates.
Driven largely by immigrants, California’s population registered its highest annual growth rate in nearly a decade, according to a new report analyzing the fiscal year that ended July 1.
The Bay Area is the only region in California where more people are moving in from elsewhere in the United States than moving out, another sign of the tech industry’s rebound and the creation of more jobs here, according to a state population report released Thursday.