California economy Archives - California Globe

Separating Good Bailouts from Bad Bailouts

May 13, 2020 2:07 amMay 13, 2020 2:35 pm

If a Republican controlled U.S. Senate and a Republican occupying the White House cannot use this opportunity to demand reforms from financially mismanaged states controlled by Democrats, then they never will. The pandemic shutdown is about to enter its...

California Unemployment Rate Almost 20%

April 30, 2020 7:37 pm

On Thursday, new figures released by the US Department of Labor showed that around 3.7 million Californian workers have filed for unemployment during the last seven weeks due to the coronavirus outbreak, a total close to 20% of workers in...

Governor Newsom Introduces Plan for Coronavirus Restriction Removal

April 14, 2020 2:38 pmApril 15, 2020 6:15 am

On Tuesday, Governor Gavin Newsom, joined by Department of Public Health Director Sonia Angell, outlined the steps that California needs to take to return to normal following the COVID-19 coronavirus lockdown. Six phases and six indicators The Governor laid out...

California’s Credit Rating Moves Up, Signaling Further Economic Stability And Growth

October 17, 2019 2:34 amOctober 17, 2019 10:31 am

According to Moody’s Investors Service, California’s credit rating has moved up for the first time in five years. The “general obligation bond” rating went from a Aa3 rating to a Aa2 rating, finally moving California ahead of several states to their...

CG Interview: California Rep. Tom McClintock Warns About One Party Seizing Control of Elections Process

July 26, 2019 2:12 pmJuly 30, 2019 10:16 am

“A house divided against itself cannot stand.” Following California Globe’s interview July 22, with U.S. Representative Tom McClintock (R-CA), he played a major role in the House Judiciary Committee hearing July 24, and questioned White House Special Counsel Robert...