Economy

A vibrant illustration depicts numerous stylized houses in shades of teal, blue, and lime green, some with small balconies. A large circular arrow, also in teal and lime green, frames the center, pointing downwards. Inside the circle, yellow text reads "HOUSING" on the left and "COMMUNITY DEVELOPMENT" on the right. The overall image has a textured, slightly grainy appearance.

Illustration by Adriana Heldiz

CalMatters; iStock

Economy

California, epicenter of the nation’s housing crisis, is finally getting a housing agency

Ben Christopher

Aside from giving housing and homelessness its own box atop Gov. Gavin Newsom’s organizational chart, the reorg is supposed to simplify the state’s snarled affordable housing financing system.

International

Preliminary report says fuel switches were cut off before Air India Boeing 787 crash
Economy

Escondido sees a budget surplus thanks to Measure I
Economy

What Trump's One Big Beautiful Bill Act means for taxes on Social Security

MORE STORIES

Politics

Fired, rehired, and fired again: Some federal workers find they're suddenly uninsured

Andrea Hsu

Commerce Department employees caught up in a legal battle over their mass firings are now learning that their health care coverage was cut off weeks ago, even though they were paying their premiums.
Economy

Big brands are officially worried about American shoppers

Alina Selyukh

Makers of our food and home essentials, including Pepsi and Procter & Gamble, are cutting their financial forecasts for the year and predicting lower sales or profits than before.
Economy

Survey: Home ownership less affordable for ethnic groups statewide

City News Service

Less than 18% of all Californians earned enough income to support the purchase of an $865,440 median-priced home in 2024, down from 19% the previous year, the California Association of Realtors announced Thursday.
Health

Millions of Latinos could lose Medi-Cal if work mandates pass, study warns

Heidi de Marco

UCLA researchers say proposed federal Medicaid work requirements could cost 2.3 million Californians their Medi-Cal coverage. It would disproportionately impact Latino communities.
National

Home sales just posted their biggest monthly fall since 2022

Laurel Wamsley

More inventory hitting the market was expected to drive sales. Instead, existing home sales suggest a continued slump in the housing market, with mortgage rates hurting affordability.
Economy

Fyre Festival's embattled founder is selling the brand: 'It's time to pass the torch'

Rachel Treisman

Billy McFarland says he will sell the brand "to an operator that can fully realize its vision." The news comes days after the postponement of Fyre Festival 2, which was scheduled for late May.
Science & Technology

Decades later, the Microsoft antitrust case casts a shadow over the Google trial

Jaclyn Diaz

A nearly 30-year-old legal case looms large over the U.S. government's antitrust case against Google. A judge is hearing arguments to decide the penalties to levy against the search giant.
Economy

Oil companies expected a big business boom under Trump. Now they're worried

Kirk Siegler

Many oil company executives celebrated Donald Trump's return to the White House. But now expectations of higher profits are fading amid fears of a recession.
Economy

A small U.S. town grew a big company. Can it weather the tariff blizzard?

Alina Selyukh

A rural Minnesota town is home to the biggest tech giant you've never heard of. Now it's riding out an unprecedented kind of storm.
Politics

How the new San Diego County proposal for a tax increase would work

The county of San Diegos’ two Republican supervisors say they were not invited to the state of the county speech. Their colleague, Supervisor Terra Lawson-Remer, gave the speech last week at the Museum of Natural History.