A state budget is headed to Gov. Gavin Newsom for his signature, but it won’t take effect unless the Legislature makes changes to housing and infrastructure development rules that he has demanded.

As the state’s fiscal year budget deadline looms, legislators are considering a lower minimum wage increase for construction ...

Lawmakers are weighing a provision that would allow developers to pay a lower wage for some construction projects, ...

Powell has said politics don't play a part in Fed rate decisions. He and his colleagues have held the key overnight borrowing ...

The state's fiscal year begins July 1. As California faces a shortfall in the billions, here's a look at what the budget ...

Gov. Gavin Newsom signed into law two bills that will overhaul the landmark California Environmental Quality Act in an effort ...

The California state budget battle is taking a turn that environmental advocates and labor leaders are fighting.

After a monthslong process, California's budget nears the finish line, which contains a $321.1 billion spending plan, according to state documents. The budget comes amid what lawmakers say as ...

Newsom’s signature on a $321 billion state budget is “contingent” on “legislation to cut red tape and unleash housing,” a spokesperson said.

CalMatters A ‘poison pill’ in California’s budget deal ties state spending to construction by CalMatters June 27, 2025 2:39 pm ...